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PR Newswire

The 40,000 m2 High-End Storage R&D Complex of Longsys’s Shanghai HQ Successfully Topped Out, Gathering Innovative Forces

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SHENZHEN, China, July 28, 2023 /PRNewswire/ — On July 28, 2023, the topping out ceremony for Longsys’s Shanghai HQ project was successfully held in the Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone. Leaders from the Lin-gang Special Area Management Committee, Longsys team, and participating units such as project construction, supervision, and design jointly attended the ceremony.

Longsys’s Shanghai HQ is located at the core area of the Dishui Lake Science and Technology Innovation HQ Bay in the Lin-gang Special Area. The project was launched for construction in 2021, covering an area of about 2.3 acres, with a total construction area of about 43,000 m2, which can accommodate more than 800 R&D personnel. The project will build an R&D and office complex, focusing on high-end storage product innovation, storage industry chain delivery, offshore cross-border business, and corporate brand culture display. It is expected to be completed before the end of 2024, and will play a crucial role on carrying Longsys’s long-term development strategy.

According to the plan, Longsys’s Shanghai HQ will build a number of R&D areas and labs, introduce cutting-edge technical supporting facilities, and focus on the R&D of enterprise, industry and automotive storage products and the design of memory chips, which are widely used in various fields, such as data centers, smart cars, smart grids, security monitoring, and industrial Internet of Things.

In the high-end product R&D areas, enterprise SSD storage and storage system software for large-scale computing such as data centers, as well as large-capacity UFS memory chips that comply with the automotive and industry reliability standards will be developed to empower high-performance and high-reliability storage applications. In the memory chip design and R&D areas, focus will be on the NOR flash, SLC NAND flash, memory controller chips, memory peripheral chips, and the like to meet the market demand of miniaturized and precise storage. The high-end storage R&D complex will further enhance Longsys’s independent innovation capability and promote the development and application of storage technology in various fields.

Mr. Cai Huabo, Chairman and General Manager of Longsys, said that the construction of the Shanghai HQ Project has made a good start. As the first stop for Longsys’s expansion from the base in China to the global industrial field, with the favorable policy of talent introduction in the Lin-gang Special Area and the strong support for financial and trade innovation reform and industrial ecological construction from the government of the Lin-gang Special Area, the Shanghai HQ will become a paramount R&D center for Longsys’s innovation and development. It will also become a milestone for Longsys’s 24-year development to link the past with the future, expand production and increase capacity. In addition, it will also be regarded as a key measure for practicing the company philosophy of “being close to customers, close to talents, and close to the industrial chain.”

Salutes resounded, and ribbons fluttered in the air. At 11:18, the leaders and guests attending the meeting were excited and passionate to hold gold shovels in warm applause and blessings, and jointly completed the last concrete pouring for the main project. This moment marks that the company will enter another new chapter.

In the future, Longsys’s Shanghai HQ will gather high-end storage talents and R&D equipment, build the world’s top high-end storage R&D complex, comprehensively enhance the company’s all-around storage service capability, and continuously and steadily transform the company into an international semiconductor storage brand.

PR Newswire

ServiceNow announces national skills commitment with NTUC LearningHub at new Singapore Innovation Centre – a business accelerator for bespoke GenAI roadmaps to change the way work is done

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NTUC LearningHub, VITAL, Synapxe – Singapore’s HealthTech agency, GovTech, Accenture, Fujitsu, Enable – a Fujitsu company, NCS and Tata Consultancy Services to build on momentum with ServiceNow, to skill one million individuals by 2024

SINGAPORE, July 28, 2023 /PRNewswire/ — ServiceNow (NYSE: NOW), the leading digital workflow company, today announced a national skills commitment to train more than 1,000 Singaporeans in digital skills by 2024 in support of the Government’s Smart Nation agenda. This commitment supports their global program, RiseUp with ServiceNow, to skill one million people on the company’s platform by 2024.

NTUC LearningHub, VITAL Shared Services, Synapxe – Singapore’s HealthTech agency, GovTech, Accenture, Fujitsu, Enable – a Fujitsu company, NCS and Tata Consultancy Services have also committed to train employees or skill individuals on ServiceNow’s Platform in 2023, to meet digital business needs.

The announcement was made at the opening of ServiceNow’s new Innovation Centre, a digital incubation hub for Singapore enterprises to model, demo and stress-test digital roadmaps – such as GenAI, hyperautomation and low code apps – to deliver a better experience for customers and employees.

Companies can use the Innovation centre’s six purpose-built workspaces – located in Suntec, Tower Four – to build custom digital blueprints to scale their business strategies and share knowledge and best practices. The hub will also host on-demand training sessions with academia, customers and partners who’ve committed to skilling Singapore citizens.  

ServiceNow also welcomed NTUC LearningHub CEO, Jeremy Ong, ServiceNow’s newest academic skills partner in Asia.

ServiceNow and NTUC LearningHub announce Academic Partnership

NTUC LearningHub and ServiceNow have signed an Academic Partnership agreement in a national skills commitment to bring low-code digital courses to more than one thousand individuals in Singapore, through 2024. ServiceNow’s low-code citizen developer course will be the first course hosted on NTUC LearningHub and subsidised by SkillsFuture Singapore – a government initiative to make skills more accessible – with intake sessions open now. 

“As NTUC LearningHub is committed to equipping the workforce with job-ready skills to remain relevant and competitive in the digital economy, we are delighted to collaborate with world-class partners like ServiceNow to offer accessible, high-quality, and industry-recognised skills training. The ServiceNow low-code citizen developer course will empower individual workers to acquire skills that are transferrable across job functions and industries. This will enable them to better value-add, by actively contributing to digital transformation and innovation within their organisations, and even as they transition into new careers,” said Mr Jeremy Ong.

ServiceNow training courses are also available to anyone in Singapore who is interested in building a digital career, with more than 600 free courses and 18-job related certification paths. Local placements are available with key partners, such as Accenture, Fujitsu, Enable – a Fujitsu company, NCS and Tata Consultancy Services in Singapore.

Singapore as the digital hub for ServiceNow in APAC

“ServiceNow’s decision to commit to training local talent and establish an Innovation Centre in Singapore reinforces our focus to accelerate Asia’s economic growth with talent and technology. We’re transforming the way Singapore enterprises build digital businesses, to deliver better ways to work,” said Wee Luen Chia, Managing Director and Area Vice President, ServiceNow Asia.

Singapore remains a key contributor to ServiceNow’s strong regional growth, as the Headquarters for the Region, following inauguration ten years ago. ServiceNow has doubled Singapore’s hundreds-strong employee base in the last two years and made dedicated investment into local data centre facilities to support regulated industries. ServiceNow customers include Singapore Airlines, Temasek Polytechnic, GovTech, M1, Scoot and Standard Chartered.

“Singapore’s highly skilled, advanced digital economy is furthering its edge; with government, industry and academia, embracing all avenues of innovation, led by local talent with the best ideas supported by the world’s best technology,” said Chia.

Singapore Innovation Centre launch partners

“The key to leading meaningful digital transformation amid the rapidly changing nature of work is developing our people. Low code skills offer tremendous opportunities for non-technical employees to find better ways to work. As part of our ‘Innovation Day Out’ initiative to continually test new solutions and grow citizen developers, we are excited to offer ServiceNow’s low code course to our officers. This will equip 20 of them with digital skills and provide valuable insights into the solution’s capabilities,” said Mr Dennis Lui, Chief Executive of VITAL, the Ministry of Finance.

About ServiceNow  

ServiceNow (NYSE: NOW) makes the world work better for everyone. Our cloud-based platform and solutions help digitize and unify organizations so that they can find smarter, faster, better ways to make work flow. So employees and customers can be more connected, more innovative, and more agile. And we can all create the future we imagine. The world works with ServiceNow™. For more information, visit: www.servicenow.com. 

© 2023 ServiceNow, Inc. All rights reserved. ServiceNow, the ServiceNow logo, Now, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries. Other company names, product names, and logos may be trademarks of the respective companies with which they are associated. 

Note to editors:

To preview and download ServiceNow fast facts, photography and footage, please visit here. You can find approved materials for your media channels.

Contact:

Samuel Chee
schee@webershandwick.com

PR Newswire

TraceLink Accelerates DSCSA 2023 Customer Readiness, Supply Chain Digitalization, and Drug Shortage Predictability in Second Quarter of 2023

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As the industry prepares for DSCSA 2023 regulations, 50% of the US MAH market is now EPCIS-enabled through the TraceLink B2N Integrate-Once network. This digital foundation is allowing them to enhance supply chain visibility, collaboration, and resilience.

BOSTON, July 28, 2023 /PRNewswire/ — TraceLink Inc., the leading digital network platform company enabling end-to-end product orchestration by connecting more than 290,000 healthcare and life sciences entities through its B2N Integrate-Once™ network, today announced significant business growth and rapidly accelerating network adoption. With the looming Drug Supply Chain Security Act (DSCSA) compliance deadline on November 27, 2023, pharmaceutical supply chain companies continue to expand digital network connections on the TraceLink network to improve supply chain performance and leverage the extensive serialization and track-and-trace network foundation to tackle the ongoing challenges of drug shortages.

Key highlights of the quarter include:

  • 43 new customer accounts and 90 new customer projects initiated for DSCSA compliance.
  • 3,115 network links created across 504 companies on the TraceLink network.
  • Protected 100,000 patients from drug shortages and saved pharmacies millions of dollars in revenue by predicting shortages in advance with Product Availability Intelligence solution.
  • Surpassed one billion DSCSA Transaction Histories processed on the TraceLink network.
  • Surpassed one million DSCSA-compliance EPCIS transactions exchanged between trading partners on the TraceLink network.
  • Launched the Multienterprise Information Network Tower (MINT) solution to power end-to-end, real-time supply chain visibility and multienterprise process collaboration.
  • Launched Supply Chain Work Management for Compliance Exceptions to provide an automated and efficient solution to manage and reconcile DSCSA and other compliance exceptions between trade partners.
  • Hosted more than 200 healthcare and life sciences industry professionals from over 75 companies at 30+ sessions at FutureLink 2023. The TraceLink conference focused on DSCSA 2023 readiness plans, emerging opportunities to address drug shortages by leveraging AI with supply chain data, and building a foundation for supply chain digitalization to drive better end-to-end visibility, collaboration, and intelligence.

Speaking about why Sentara Health chose TraceLink as their DSCSA compliance partner, Tyler Martinson, Pharmacy Manager at Sentara Health, had this to say: “TraceLink was vital to this role, their support, both their IT and just their knowledge of the law. Laws change and rules keep coming out and it was very helpful to have someone who was really focused on that to help explain to us what was coming down the road and what we should be aiming towards.”

TraceLink continues its 10+ year investment in helping companies across the pharmaceutical and healthcare supply chain—from pharmaceutical manufacturer to healthcare provider and retail pharmacy—meet the complex unit-level traceability, verification, and other requirements of track-and-trace regulations like DSCSA while helping those companies improve the predictability, agility, and performance of their supply chain operations. Leveraging the interoperable TraceLink network spanning over 120 countries and over 290,000 authenticated pharmaceutical manufacturers, distributors, retail pharmacies, and healthcare providers, TraceLink has enabled over 15,000 live serialization connections, manages over 41 billion serialized products on its network, processes over 50K ASNs a month, and has saved the pharmaceutical industry more than $4.7B in unnecessary point-to-point integration costs by exchanging critical business transactions on the TraceLink network.

To talk with TraceLink experts about our unique approach to helping companies across the pharmaceutical and healthcare supply chain ensure global compliance with track-and-trace regulations while laying the foundation for end-to-end product orchestration and unsurpassed supply chain performance, please visit tracelink.com.

About TraceLink
TraceLink is the pharmaceutical and life sciences industry’s leading provider of supply chain digitalization through end-to-end product orchestration on the Opus digital network platform. With more than 290,000 network members, Opus connects people, processes, systems, and enterprises into a collective information network for intelligent business execution. TraceLink serialization, global track-and-trace compliance, end-to-end supply chain visibility, and real-time supply chain collaboration solutions empower customers to achieve massive scalability, maintain continuous compliance, and ensure supply through a single connection to our B2N Integrate-Once™ network. TraceLink customers serialize more than one billion units per month across 15,000 connections and process over 50K ASNs a month over our network.

Source: TraceLink, Inc.

PR Newswire

Chasing Dreams in Tibet

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BEIJING, July 27, 2023 /PRNewswire/ — A news report from China.org.cn on the dream-chasing stories of Tibetan youngsters:

Tibet is a vast but mysterious land in southwestern China. There, Tibetan youngsters are chasing their dreams.

Gesangciren comes from a herdsman family. As a child, he used to lie on the grass fields and gaze at planes flying over the sky. Back then, he only dared to imagine that one day, he himself would pilot a plane. In 2017, a policy of poverty alleviation via general aviation was carried out in Tibet, bringing new opportunities for over 20 youngsters from poor Tibetan families, including Gesangciren. From pilot training to short intercity flights, then to high-altitude long-distance flights, Gesangciren finally became one of the first batch of general aviation pilots in Tibet after repeated practice drills and rounds of screening.

One could say Gesangciren transformed his life with the help of national policy and aid projects, while Zhaxilamu, a Tibetan girl also from a herdsman family, changed her life via the internet. In Tibet, every village now has access to mobile reception. Zhaxilamu shares her daily life on short video platforms: Herding sheep, making Tibetan pastry zanba and fixing butter tea… These ordinary episodes of Tibetan life have garnered over a million followers on social media. With improved transportation and logistics in Tibet, deliveries have become more convenient, so Zhaxilamu also managed to do a great job in livestream influencing, which could help her fellow villagers market local agricultural products on the platforms. Now, she is trying to open a B&B as an additional income source for the villagers.

Danzengyixi, a cultural inheritor of traditional Tibetan Opera, is also grabbing the tide of the internet age to further promote and develop the art. It is said that he has been fond of Tibetan Opera since childhood. One time by coincidence, an opportunity came up, allowing him to learn the art from a Tibetan Opera master.

Now, Tibetan culture, with Tibetan Opera as a hallmark, has received support from the CPC and the Chinese government, and more and more young people are participating in the promotion of the art. After graduating from college in Beijing, Danzengyixi chose to go back to Tibet to further research on and promote Tibetan Opera. He compiled works, partnered with artists home and abroad, and innovated the performing art of Tibetan Opera. It is his ambition to reinvent Tibetan Opera by injecting new vitality into it.

Besides them, there is also Luobuzhandui, an English teacher who started his own business in Lhasa, hoping to open Tibetan children up to a larger world; and Cirendajie, a Tibetan teenager studying in Beijing, who received a reply to his letter from China’s Shenzhou spacecraft Taikonauts in the Tiangong space station… More stories about dreams like these are appearing every minute.

Over the past seven decades or so, absolute poverty was eradicated in Tibet; the Qinghai-Tibetan railway was completed on the Tibetan plateau, and mobile and internet reception became more accessible for ordinary people. In the new era, the CPC and the Chinese government have kept up their pace in improving public services, providing higher quality education and health care; they have made efforts to promote communication, interaction and integration among different ethnic groups, helping premium Tibetan culture gain respect while being passed on and developed. The realization of those dreams relies on the concerted efforts of the government, society and individuals. Meanwhile, it is exactly the realization of dreams that shows people the progress of modernization with Chinese characteristics in Tibet.

The vivid Tibetan life is captured in each and every Tibetan person.

China Mosaic
http://www.china.org.cn/video/node_7230027.htm

Chasing Dreams in Tibet
http://www.china.org.cn/video/2023-07/27/content_95603830.htm

PR Newswire

MediaMint Secures Growth Investment from Everstone Capital and Recognize

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Investment Will Further Accelerate Growth and Drive Expansion of Service Offering and Global Delivery Capabilities

MUMBAI, India, July 27, 2023 /PRNewswire/ — MediaMint, a leading digital advertising operations service provider, announced today that Everstone Capital and Recognize have made a significant strategic investment in the Company. This marks the first institutional capital for MediaMint, which will help accelerate the company’s roadmap as it continues to serve leading digital marketing platforms, publishers, and agencies around the world.

“MediaMint has built a strong foundation focused on delivering high-value outcomes through process excellence and deep domain expertise for our global base of digital marketing clients,” said Aditya Vuchi, CEO and co-founder of MediaMint. “Working with Everstone and Recognize will enable us to enhance our global infrastructure to better service our clients with on-shore account management, incremental global delivery centers, and an expanded solution set.”

MediaMint, with 2,000 employees across offices in San Francisco, New York, Hyderabad, and Krakow, delivers operational digital marketing support, including ad operations, creative services, and customer services to over 100 global customers including some of the largest and most sophisticated digital marketing platforms, publishers, and agencies in the world. The digital marketing space is projected to grow 13% per year to $670bn in 2030, driven by expanding digital channels and creator platforms, enhanced data capabilities available to businesses and consumers, as well as the rapid rise in people creating digital content. As more businesses enter the digital advertising space, MediaMint is well positioned to help improve advertising performance and reduce the operational cost of setting up digital ad platforms, running ad operations, and iterating on ad creatives.

“MediaMint is a leader in transforming the digital advertising workflows of the largest advertising platforms, publishers and agencies in the world. We look forward to working with the exceptional team at MediaMint to build on their strong base and assist in their next phase of growth, which will include significant global expansion as well as enhancing service line capabilities,” said Avnish Mehra, Vice Chairman, Private Equity at Everstone Capital.

“MediaMint is the ideal technology-enabled services company we look for at Recognize,” said David Wasserman, Co-Founder and Managing Partner at Recognize. “With its deep domain knowledge and history of delivery excellence, MediaMint is uniquely positioned to capture the wave of digital advertising growth over the next decade.”

As part of the process, Rajeev Butani is joining as the Executive Chairman of MediaMint. Rajeev was previously the Senior Managing Director and Group Technology Officer for Accenture’s Communications, Media, and Technology Operating Group globally, and also served on Accenture’s Global Leadership Committee.

DC Advisory has acted as the sole financial advisor for MediaMint on the transaction.

About MediaMint

MediaMint is the advertising operations partner for some of the leading media and technology companies worldwide. Founded in 2010 by Aditya Vuchi and Neelima Marupuru and led by veterans in the space, the company has leveraged its deep expertise to help their clients scale businesses operations globally. For more information, visit www.mediamint.com.

About Everstone Capital

Singapore-headquartered Everstone Capital, the private equity arm of the Everstone Group (www.everstonegroup.com), is a global firm committed to driving economic growth and creating sustainable value. With seven offices globally (Singapore, Mumbai, Delhi, Gurgaon, New York, Dubai and Mauritius), Everstone Capital focuses on the mid-market with control mindset and growth bias; comprising best of breed investing, operations and strategic resources with significant experience and skills. For more information, visit www.everstonecapital.com and LinkedIn.

About Recognize

Recognize is a technology investment platform exclusively focused on the technology services industry. The firm provides operational expertise, industry insights and strategic capital to innovative companies in this sector. To learn more, visit www.recognize.com.

PR Newswire

SequenceShift Achieves Amazon Connect Ready Designation

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SYDNEY, July 27, 2023 /PRNewswire/ — SequenceShift, a leading provider of Payment Card Industry (PCI) Compliance for Contact Centers, announced today that it has achieved the Amazon Connect Ready designation from Amazon Web Services (AWS). This specialization verifies that SequenceShift’s Amazon Connect software solution adheres to architectural and operational best practices, is being actively utilized by customers in production environments, and customers are eagerly advocating for the solution.

The customer experience (CX) and contact center space are undergoing continuous evolution. To keep up with increasing expectations, businesses are investing in modern technology to automate and optimize processes, delivering increasingly personalized experiences while staying ahead of customer demands. This often necessitates an enhanced approach to contact center technology stacks to meet evolving requirements. With Amazon Connect at the core of these current and future contact center technology investments, Amazon Connect Ready Partners specialize in offering vetted solutions in analytics and reporting, omnichannel customer experience, customer relationship management, outbound communications, and workforce engagement. Current and prospective Amazon Connect customers can turn to SequenceShift with a high degree of confidence in the interoperability of their solutions.

The Amazon Connect Ready designation serves to distinguish AWS Partners that have invested in their solutions, demonstrating the capacity to deploy and operationalize these solutions repeatedly, at scale. Lastly, and most importantly, they have a roster of customers that have successfully deployed the solution on AWS.

“Our solution offers enhanced speed and efficiency,” says the SequenceShift spokesperson. “SequenceShift is proud to achieve the Amazon Connect Ready designation. Our work with AWS allows us to deliver contact center PCI compliance in the most effective way, leveraging the agility, range of services, and pace of innovation that they offer.”

AWS is enabling scalable, flexible, and cost-effective solutions from startups to global enterprises. To assist the seamless integration and deployment of these solutions, AWS established the AWS Service Ready Program to aid customers in identifying AWS Partners with deep industry experience and expertise.

The Globe and Mail, Canada’s leading news media company, and Collinson, an international leader in customer loyalty and benefits programs, were both able to enhance their customer experiences, streamline operations and optimise their data security by integrating SequenceShift’s solution.

For Chris Barrow, Solution Architect at Collinson, it was “The seamless integration with Amazon Connect and easy integration into Salesforce” that really made the difference.

From Susan Kelly, Vice President Information Technology at The Globe and Mail “SequenceShift fit well into our overall digital transformation plans; cloud based, nimble and fit for purpose. A model of an excellent partnership with an external vendor!”

In both cases, SequenceShift provided an array of impressive benefits, including zero-cost setup, a pay-as-you-go pricing model, successful integration with Amazon Connect in under an hour, and a massive improvement in their PCI compliance status.

The Amazon Connect Ready designation is the latest in a line of successes for SequenceShift, the company’s technology is enhanced in its ability to provide AWS-aligned, pay-as-you-go, self-service, and self-setup PCI compliance. The availability of these capabilities in AWS Marketplace makes it easier for customers to follow safe and familiar procurement models.

About SequenceShift – SequenceShift, a global leader in providing robust PCI compliance solutions for contact centers, is trusted by industry giants such as The Globe and Mail, Collinson, and Global Touring. Its unique product offerings, marked by swift setup, AWS alignment, and PAYG models, make it a preferred choice in the industry.

For more information, contact:

SequenceShift 
communications@sequenceshift.com 
+61 2 9163 3917
LinkedIn
YouTube
Twitter
Website

PR Newswire

Where Global Minds Meet: G-P Introduces Pangeo Summit Global Event Series

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Kicking off October 2023, G-P’s reimagined annual conference will bring together HR, technology and business leaders at exclusive events around the world to connect, learn and discuss global growth trends and technology

BOSTON, July 26, 2023 /PRNewswire/ — REMOTE FIRST COMPANY − G-P (Globalization Partners), the pioneer and recognized leader in the global employment industry, known for setting the standard in global employment compliance, today announced its flagship annual conference will return as Pangeo Summit, a global series of exclusive, in-person events designed to be the preeminent forums on global growth. The invitation-only events will take place October 16 in Paris, early November in San Francisco and H1 2024 in Asia Pacific.

The Pangeo Summit series brings together senior HR, technology and business leaders to connect and discuss shaping the future of work and business through a global lens. Attendees will build meaningful connections with their peers, discuss the latest global growth trends with experts and industry leaders and learn how new technology can support their business goals.

“Leaders around the world are looking for new ways to drive innovation and growth,” said Nicole Sahin, founder and CEO, G-P. “Success knows no borders and a future-fit business model requires a global mindset. We’re bringing together the best and the brightest minds around the world to provide unique insights and foster much-needed conversation around global growth to tap into the power of global business transformation.”

The Pangeo Summit series will feature sessions on:

  • Global Growth Technology: Unlock the Power of the Everywhere Workforce
    The Pangeo Summit opening keynote explores the promise of a new category – global growth technology – designed to disrupt traditional global hiring models and provide everything a business needs to build and manage global teams. 
  • How a Global Mindset Can Shape Business Success
    Top HR leaders discuss how the latest in SaaS and AI technology come together with a global mindset to break down barriers, solve challenges and unlock greater market opportunity and competitive advantage. 
  • Global Growth Idea Exchange 
    An interactive discussion session with peers to explore key global growth areas top of mind for business leaders. Topics include finding and attracting global talent, building a global culture and global compliance.

Get on the VIP list to attend Pangeo Summit in Paris or Pangeo Summit in San Francisco. Learn more and request an invitation here https://www.g-p.com/pangeo/

For more information on all the latest innovations in G-P’s global growth platform, visit https://www.g-p.com/g-p-meridian-suite/

About G-P
G-P is the pioneer and recognized leader of the global employment industry and has delivered world-class global compliance and workforce products designed to meet the needs of growing companies since 2012. G-P’s global growth platform is driven by the G-P Meridian Suite of SaaS-based global employment products. G-P helps thousands of customers build and manage teams quickly and compliantly in 180+ countries without navigating legal, tax or HR issues.

G-P: Global Made Possible™

To learn more, please visit: g-p.com or connect with us via Twitter, LinkedIn, Facebook, or check out our Blog.

CONTACT:
Katie Johnson
kjohnson@g-p.com

PR Newswire

Dunxin Financial Holdings Announces Pricing of $1.09 Million Registered Direct Offering

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WUHAN, China, July 26, 2023 /PRNewswire/ — Dunxin Financial Holdings Limited (“Dunxin” or the “Company”) (NYSE American: DXF), a licensed microfinance lender servicing individuals and small and medium enterprises (“SMEs”) in Hubei Province, China, today announced that it entered into a securities purchase agreement with an institutional investors to purchase $1.09 million worth of its American Depositary Shares (“ADS”) in a registered direct offering.

Under the terms of the securities purchase agreement, the Company has agreed to sell 1.09 million ADS at a price of $1.00 per ADS.

The gross proceeds to the Company from the registered direct offering are estimated to be $1.09 million, before deducting the placement agent’s fees and other estimated offering expenses. The offering is expected to close on or about July 28, 2023, subject to the satisfaction of customary closing conditions.

Spartan Capital Securities LLC, is acting as exclusive placement agent for the offering.

The proposed offering of the ADS described above is being offered by the Company pursuant to a “shelf” registration statement on Form F-3 (File No. 333-264179) filed with the Securities and Exchange Commission (“SEC”) and declared effective by the SEC on August 8, 2022, and the accompanying prospectus contained therein.

The offering is being made only by means of a prospectus supplement and accompanying prospectus. A prospectus supplement describing the terms of the public offering will be filed with the SEC and will form a part of the effective registration statement.

Copies of the prospectus supplement and the accompanying prospectus relating to this offering may be obtained, when available, on the SEC’s website at http://www.sec.gov or from Spartan Capital Securities, LLC, 45 Broadway, New York, NY 10006 or telephone at (877) 772-7818.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Dunxin Financial Holdings Limited

Dunxin is a licensed microfinance lender serving individuals and SMEs in Hubei Province, China. Dunxin suspended offering loans to its customers since 2020 and is exploring new business opportunities based on Metaverse related technologies.

Safe Harbor Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of market in China and the other international markets the Company plans to serve; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.

PR Newswire

Fluxx Announces Availability of Grantelligence™, First of its Kind Grantmaking Intelligence Platform

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SAN FRANCISCO, July 25, 2023 /PRNewswire/ — Fluxx, the world’s number one cloud-based grants management software solution, is excited to announce the general availability of Grantelligence, a new business intelligence and analytics platform specifically designed for grantmaking. Holistic and self-serviceable, Grantelligence delivers insights to all stakeholders, enabling them to collaborate to grant faster, with more accuracy, using powerful storytelling.

Grantelligence Analytics Solution for Grants Management
Grantelligence Analytics Solution for Grants Management

“We are thrilled to announce Grantelligence to the philanthropic and publicly funded grantmaking communities,” said Kristy Gannon, CEO of Fluxx. “We set out to provide a solution that enables our users to take their data and build stunning visualizations of grant programs, allowing them to easily measure impact, generate accurate, compelling board presentations, and build dashboards that are trusted by all levels in the organization. Grantelligence represents a new way of leveraging data, one that hasn’t been seen in our world before.”

“We developed Grantelligence because grantmakers today generally do not have the proper tools and resources to present their data effectively,” said Fintan Kelly, VP of Product at Fluxx. “Philanthropists and government organizations alike often struggle. It regularly falls to a single person in the organization to act as a gatekeeper – managing time-consuming requests across multiple audiences. Usually, manual efforts are required to consolidate, cleanse, and update various data sources, forcing the organization to rely upon static spreadsheets or cumbersome external tools to deliver insights about the organization, programs, processes, and outcomes.

“And it’s not just this data preparation that is painful,” Kelly said. “Grantmakers today struggle to convey impact effectively. They utilize these static tables – fine for general reporting but not well suited to present data to their boards, governing bodies, and larger communities. The net result – stakeholders often don’t get the facts they need in an easy-to-consume, engaging way. Decisions can be impacted as meaningful insights get missed. And the heroes can go unsung.”

“We chose the name Grantelligence because our tool is specifically designed for grantmaking,” added Gannon. “We employed best-of-breed technology to create a product that works for our customers. This new offering enables grantmakers to make intelligent decisions so they can take action, increase impact, and tell their stories.”

Grantelligence is available worldwide for purchase as a complement to Grantmaker, Fluxx’s industry-leading grants management solution. More information about Grantellience is available at https://www.fluxx.io/grantelligence-grants-management. 

About Fluxx:
Fluxx is the industry-leading cloud-first grantmaking solution. Purpose-built by grantmakers for grantmaking, Fluxx is women-led, a DEI champion, and a Pledge 1% member organization.

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PR Newswire

Rossell Techsys Unveils State-of-the-Art Calibration and Metrology Lab

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BENGALURU, India, July 25, 2023 /PRNewswire/ — Rossell Techsys, a leading global engineering and manufacturing company in the aerospace and defense sector, is proud to announce the inauguration of its new Calibration and Metrology Lab at its India facility in Devanahalli, Bangalore. This milestone event, attended by Peter Johnson, vice president and general manager of Fabrication for Boeing Commercial Airplanes, represents a significant leap forward in the company’s commitment to customer-centric investments and enhanced value delivery. It also underscores Rossell Techsys’ unwavering dedication to quality and customer satisfaction.

Inauguration by Mr. Peter Johnson, VP and GM, BCA Fabrication, The Boeing Company
Inauguration by Mr. Peter Johnson, VP and GM, BCA Fabrication, The Boeing Company

“We are delighted to inaugurate our state-of-the-art Calibration and Metrology Lab,” said Mr. Rishab Mohan Gupta, Promoter Group member and Director, Rossell India Limited. “This facility represents our commitment to maintaining the highest standards of precision and quality in all aspects of our operations. It allows us to deliver exceptional value to our customers, who rely on us for critical components. With this investment, we enhance our capabilities and reinforce our position as a trusted leader in the aerospace and defense industry.”

“We congratulate Rossell Techsys for investing in this Calibration and Metrology Lab and look forward to our continued partnership,” said Salil Gupte, President, Boeing India. “It reflects Rossell Techsys’ commitment to providing global quality products and services to their customers. This is also another example of Boeing’s commitment to grow world-class precision manufacturing capabilities along with its local partners in India, for India, and the world.”

The lab, equipped with the very latest in technology, is slated for ISO17025 certification. Integrated into Rossell Techsys’ operations, it ensures meticulous control over the metrology process, ensuring accuracy and reliability across products. Rossell Techsys produces 3000+ unique parts, of which 2000+ unique parts are for Boeing alone. It uses extensive tools that require periodic calibration and metrology testing. The in-house facility, in proximity to the shop floors reduces tool calibration time, maximizing efficiency. Rossell Techsys remains an innovative leader, providing comprehensive engineering solutions for aerospace and defense industry and the Calibration and Metrology Lab showcases its dedication to excellence and focus on exceeding customer expectations.

About Rossell Techsys

Rossell Techsys (Division of Rossell India Limited) (NSE: ROSSELLIND), is based out of Bangalore, providing custom engineering & manufacturing services in Electrical Wiring & Interconnect Systems, Electronic Assemblies, After Market Product Support Services and Systems Engineering and Integration. https://www.rosselltechsys.com