Tag Archives: CST

CNN’s ‘Saved by the Future’ explores the cities of tomorrow

HONG KONG, Nov. 18, 2020 — What will the cities of the future look like, and how will we interact with them? In the second episode of CNN’s new series ‘Saved by the Future’, host Nicki Shields speaks to experts in architecture, transport and technology to paint a picture of what urban life could look like in the decades to come. 

CNN’s ‘Saved by the Future’ explores the cities of tomorrow
CNN’s ‘Saved by the Future’ explores the cities of tomorrow

First, New York-based architect Charles Renfro speaks about the shapeshifting potential of future buildings. His award-winning firm, Diller Scofidio + Renfro, is behind New York’s moving building on wheels: The Shed. The 200,000-square-foot structure is designed to change in shape and size, by rolling its outer ‘shell’ back and forth – a move that takes little more power than a typical family car. Renfro explains that buildings in the future will need to be smart, sustainable, mixed use — and adapt according to the people that inhabit them, as their needs change over time. 

Next, we look at a historic industry that has connected cities across the world for centuries: shipping. Environmentalist Lucy Gilliam discusses how our demands of this industry have rapidly grown, and as a result, so too have its demands on the environment. A sustainable future is inevitable, she says, thanks to advances in electric battery power. CNN learns how this cleaner, greener energy source – which is already powering smaller vessels – has the potential to advance and power up some of the world’s largest machines.  

Finally, Shields speaks to Marcus East, a Technical Director at Google who explores how artificial intelligence may not only create smart cities, but smarter homes, and ways of life. East paints a picture of a typical day in the future, and how technology will be a part of it all — from the food we eat, to the cars we drive. Specialist industries are already capitalizing on this tech, as he points to rapid advancements in healthcare, empowered by AI.

Saved by the Future 2 trailer: https://bit.ly/35yaOOK 
Saved by the Future 2 images: https://bit.ly/2Iv9C6l 
Saved by the Future microsite: https://cnn.it/35EgFlC 

Airtimes for 30-minute special:
Saturday, November 21 at 2:30pm and 7:00pm HKT
Sunday, November 22 at 1:30am HKT
Monday, November 23 at 2:00am HKT

About CNN International 

CNN’s portfolio of news and information services is available in seven different languages across all major TV, digital and mobile platforms, reaching more than 475 million households around the globe. CNN International is the number one international TV news channel according to all major media surveys across Europe, the Middle East and Africa, the Asia Pacific region, and Latin America and has a US presence that includes CNNgo. CNN Digital is a leading network for online news, mobile news and social media. CNN is at the forefront of digital innovation and continues to invest heavily in expanding its digital global footprint, with a suite of award-winning digital properties and a range of strategic content partnerships, commercialised through a strong data-driven understanding of audience behaviours. CNN has won multiple prestigious awards around the world for its journalism. Around 1,000 hours of long-form series, documentaries and specials are produced every year by CNNI’s non-news programming division. CNN has 36 editorial offices and more than 1,100 affiliates worldwide through CNN Newsource. CNN International is a WarnerMedia company.

The first industrial community planning in Chengdu is being launched in Pidu

CHENGDU, China, Nov. 10, 2020On October 28, 2020, the development and governance planning of internationalization industry community of Jingrong Lake in Chengdu’s Pidu District was officially announced.

Centering on the electronic information industry function area and two IP status of "Snow Mountain mirring Jingrong Lake", According to the concept of park city, Focusing on Ching Yung Lake community, Pidu District is trying to deepen scene creation and scientific and systematic governance, so as to create an integrated industrial park city demonstration area in the whole area of Deyuan Street. It is worth mentioning that this is also the first industrial community planning in Chengdu. The plan is to be implemented in three stages between 2020 and 2025.

The internationalization industrial community of Jingong Lake in JingongTown of Pidu District is one of the representatives of the industry community in the city, which is most in line with the relevant indicators in the Status of The Guidelines. With a planned area of 22 square kilometers, over 30,000 industrial talents, the proportion of the upper-level population is rising gradually, and the age structure is getting younger. As a result, employment is likely to be in the direction of technology and RESEARCH and development.

Open the scene map of Jingrong Lake International Industrial Community. Sheraton Hotel and Ace International School are under construction. The layout of Guangdong, Hong Kong, Macao (Chengdu) International Convention and Exhibition Center and other high-end business forms was completed. Within a radius of 3 kilometers, there is a people’s Hospital in Pidu District, Chinese Medicine hospital in Pidu District, a government center, library, gym, food street, an intelligent residence in Pidu City, a kindergarten, a streetcar and other facilities. In this way, a convenient and complete "15-minute life circle" can be basically formed.

As an important functional supporting area for the electronic information industry of a trillion level, an industrial park city demonstration area integrating multiple functions including production, research and development, residence, consumption, service and ecology, and an example of the deep integration of high-quality ecological livable place and human-urban industry are rising rapidly.

 

Cyient Collaborates with SR University to Help Advance the Field of Additive Manufacturing


HYDERABAD, India, Oct. 20, 2020 — Cyient, a global digital engineering and technology solutions company, has signed an MoU with Warangal-based SR University, a leading institution in research and academics. As part of this collaboration, Cyient will help SR University in developing an industry-oriented curriculum focused on advanced manufacturing systems. This will greatly help reduce the skill gap between the need and availability of resources trained in areas such as design for additive manufacturing.

Cyient has been a key promoter and user of additive manufacturing technology and has established polymer and metal additive manufacturing facilities in India and in the US. The company has worked with marquee clients in aerospace and defense, medical technology, energy, industrial, and transportation segments to deliver functionally superior additively manufactured parts with applications in tooling, reverse engineering, and obsolescence management.

In the past year, Cyient has trained over 100 associates in design for additive manufacturing through its comprehensive internal training program. Cyient will share its expertise in the field to further faculty and student research at SR University.

Speaking on the occasion, Rajendra Velagapudi, Senior Vice President, Cyient said, "With this collaboration, Cyient and SR University will help advance the additive manufacturing industry in India which is a key tenet of the Make In India initiative. We will develop industry-ready engineers with the capabilities in additive manufacturing to build cutting-edge solutions. This will help position India as a leader in additive manufacturing talent as companies across the world embark on a journey of digital transformation and adopt additive manufacturing as a key portion of their supply chains. Furthermore, Cyient will look to its academic partners such as SR University to lead innovation through industry-aligned research and development in the field of advanced materials, design, and process controls."

"Advanced manufacturing tools like digital manufacturing, flexible automation, additive manufacturing, and autonomous robots have the greatest potential to influence the manufacturing landscape in increasing the productivity and can boost innovation too to create and develop new kinds of products economically," said Dr. G R C Reddy, Vice Chancellor, SR University.

"The need of the hour is strategic partnerships that synergistically integrate the research-driven culture of academia with the innovation-driven environment of the industry. This partnership is a step in that direction by us," said Sreedevi Devireddy, Member, Board of Management, SR University.

About Cyient:

Cyient (Estd: 1991, NSE: CYIENT) is a global digital engineering and technology company.  As a Design, Build, and Maintain partner for leading organizations worldwide, Cyient takes solution ownership across the value chain to help customers focus on their core, innovate, and stay ahead of the curve. The company leverages digital technologies, advanced analytics capabilities, domain knowledge, and technical expertise to solve complex business problems. 

Cyient partners with customers to operate as part of their extended team in ways that best suit their organization’s culture and requirements. Cyient’s industry focus includes aerospace and defense, healthcare, telecommunications, rail transportation, semiconductor, geospatial, industrial, and energy.

For more information, please visit www.cyient.com.
Follow news about the company at @Cyient.

About SR University:

With over 45 years of Academic Excellence, the well-established SR University (formerly SR Engineering College) was adjudged All India Number 1 in private institutions category in ARIIA-MHRD ranking recently.  SRU is a prestigious Institution to have Tier I NBA accreditation for all B. Tech programs and NIRF rank in Engineering and overall category. SRU’s  technology business incubator SRiX (SR Innovation Exchange) aided by NSTEDB, Department of Science & Technology, New Delhi, is the largest Incubation Centre in a Tier – II city in India. Few SRU milestones comprise of 41 Patents and more than 2000 Research articles published by faculty and students. Success also encompasses 52 Sponsored Research Projects & Programs by funding agencies DST, AICTE, UGC and others. SRU Collaborations with foreign universities include Purdue University, UMass Lowell, St. Louis University, University of Missouri in USA, Cranfield University in UK and Deakin University in Australia.

Media Relations
Perfect Relations
Vishal Thapa
Mobile: +91 9701834446
Email: vthapa@perfectrelations.com

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SignOnSite is licensed by Trillium to provide a unique contactless worksite safety platform to help manage risk for complex construction projects

A new digital platform radically changes risk and safety management in construction, which will be used in the construction of fueling stations.

HOUSTON, Oct. 18, 2020 — SignOnSite, the construction safety management system, today announced an agreement with Trillium CNG. Trillium is the Texas subsidiary of the Love’s Family of Companies that builds and manages compressed natural gas (CNG), electric vehicle (EV), and alternative energy fueling stations across the United States. Trillium will be using the SignOnSite personnel safety application to manage and protect workers at new CNG station building projects.

SignOnSite platform on all devices
SignOnSite platform on all devices

SignOnSite provides construction companies and their workers with a robust, but simple risk and safety management system that leverages the technology already on construction sites.

SignOnSite takes a highly unique approach to risk and safety management. Current systems require a top-down management model, where companies not only have to implement risk and safety management policies and procedures, but also have the burden of ensuring that the workers on site actively participate in them.

With SignOnSite, however, this model is flipped. The people on site are empowered with simple, straightforward technology that lets them easily engage with and participate in risk management processes. The construction company is then enabled with digital control of their sites and remote risk management capabilities.

For construction companies running complex projects, the increased efficiencies of a digital platform present a drastic increase in site management and safety risk management capabilities. Controls such as qualification and orientation management are complemented by productivity tools such as remote site visibility. Additionally, superintendents and project managers can manage site attendance, safety communication and even emergency evacuations.

Being a mobile app-based solution, SignOnSite is contactless and reduces COVID-19 transmission risk.

Job site safety is an ongoing concern for contractors, especially as process complexity increases which makes safety protocols more complex. OSHA estimates that nearly one-quarter of work-related industries are in the construction industry. Safety compliance and increased safety vigilance have been proven to reduce job-related injuries, reduce losses in time and money by 20% to 40%, and improve public safety.

Trillium is part of the Love’s Family of Companies which has a national network of truck stop and truck service locations. Trillium operates over 200 CNG fueling stations across the United States and offers services such as station design, construction, 24/7 operation and maintenance, grant writing, and commercial support. Building CNG fueling stations require unique design and safety measures to accommodate high-pressure tanks, including special installation procedures and using materials that are quite different from gasoline and diesel stations. CNG stations are subject to highly complex building codes and requirements and a more rigorous set of safety codes, standards, and regulations.

With SignOnSite, managers establish a site boundary on a digital map and workers are automatically logged into and out of the job site using a Passport credential set up in a SignOnSite smartphone app. In addition to attendance records, the SignOnSite app notifies workers of site safety rules, provides daily safety briefings, and shares work site information. It also can be used for site-specific orientations to ensure workers receive and acknowledge safety briefings. Workers also can use SignOnSite platform to store emergency contact information, qualifications, trade licenses and other data. A kiosk version also is available that provides on-site registration without the need for a mobile device.

"More mobile technology is being adopted on the job site, and we are seeing more North American companies like Trillium adopting mobile systems like SignOnSite to promote worker safety," said Mitch Harmer, Co-Founder & CEO of SignOnSite. "No other solution gives you real-time visibility into your on-site workforce while enforcing safety protocols and compliance. We expect more companies to adopt mobile solutions like SignOnSite to manage employee traffic and personnel safety."

In addition to registering employees entering the job site and providing safety updates, SignOnSite also generates site statistics reports to show worksite activity. Reports provide data such as the total number of site visitors, the number of subcontractors, the companies that visit the site, total hours, and more. Attendance data also can be shared with a Procore manpower register to calculate individual workers’ time on the job site.

About SignOnSite

SignOnSite is a personnel safety application used in construction, commercial, civil engineering, government, industrial, and utility sites. Proven in the field, SignOnSite has been used on more than 7,000 sites protecting 300,000 people. SignOnSite is designed to provide paperless management of workers on-site, including orientations, communications, and evacuations. With SignOnSite, managers get real-time visibility into their onsite workforce, including analytics for safety compliance and personnel management.

SignOnSite is headquartered in Canberra, Australia. For more information, visit www.signonsite.com.au.

Contact:

Nish Bandara
Head of Marketing, SignOnSite
+61 447 127 775
nish@signonsite.com.au

Construction worker on site
Construction worker on site

Mitch Harmer, CEO and Co-Founder
Mitch Harmer, CEO and Co-Founder

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Clarivate Delivers Litigation Data from Darts-ip Through CPA Global Innography

LONDON, Oct. 15, 2020 — Clarivate Plc (NYSE: CCC), a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today the integration of Darts-ip™ case law data with the Innography™ IP intelligence and analytics solution, to provide significantly enhanced strategic decision making across the IP lifecycle.


The integration follows the acquisition of CPA Global by Clarivate, and will see corporate IP departments and law firm customers benefit from multi-jurisdictional litigation data from 141 countries – covering millions of patent cases across 3,000 courts in Europe, Asia, and the U.S. The insights from big data analysis of more than 1.8 million patent cases will inform customers in their patent research, competitive intelligence, portfolio strategy, licensing, litigation, M&A due diligence, freedom to operate and more.

This is the third integration of Darts-ip into Clarivate products in under a year following the acquisition of the company:

  • In March 2020, Darts-ip global IP case data was integrated with CompuMark™. By adding trademark cases to the world’s largest trademark database, trademark professionals gained greater context for their most important decisions when building and protecting their trademark portfolio, including the litigiousness and history of a specific mark or owner across the full spectrum of trademark research solutions: screening, clearance and protection.
  • In July 2020, Darts-ip was integrated with Derwent Innovation™. The combined solution gave our customers greater context to support better, more confident decisions when building and protecting their IP portfolios. By integrating patent case data with Derwent Innovation, customers gained a more complete picture of potential obstacles with litigation history, allowing for easy assessment of immediate risks and opportunities, improved efficiency, accelerated decision making and reduced cost.
  • Now, Darts-ip has been integrated with Innography, connecting international litigation data and patent data with ultimate subsidiary and parent assignments to facilitate seamless analysis and provide a fuller picture across jurisdictions. The expanded offering will include enhanced definition of the industry renowned PatentStrength™ metric, to indicate the external strength of any asset in a portfolio, now updated to factor even more patent data from across the globe.

Jeff Roy, President, IP Group at Clarivate, said: "With all our acquisitions, including CPA Global and Darts-ip, it’s important for us to focus on immediately delivering value to our customers. This integration represents one of the most popular Innography requests from our customers. We’re listening, and we are hard at work helping our customers lower their total cost of doing business with customized packages and fully integrated solutions.  Today’s announcement is a terrific early indicator of how our customers will benefit from the combination of Clarivate and CPA Global, and we’re excited about what the future will bring."

"With the integration of Darts-ip into three Clarivate products in under a year following the acquisition of the company, we can now provide IP professionals with the opportunity to take a truly global deep dive into IP data, make smarter decisions faster and mitigate risks based on actionable intelligence. IP analysis plays a crucial role in strategic decision making and with these three integrations, customers will be better equipped to handle their next challenge, lower their total cost of doing business and seize new commercial opportunities."

About Clarivate
Clarivate™ is a global leader in providing solutions to accelerate the lifecycle of innovation. Our bold mission is to help customers solve some of the world’s most complex problems by providing actionable information and insights that reduce the time from new ideas to life-changing inventions. Covering scientific and academic research, pharmaceutical, biotech and healthcare intelligence and intellectual property services, we help customers discover, protect and commercialize their inventions using our trusted subscription and technology-based solutions coupled with deep domain expertise. For more information, please visit clarivate.com.

Forward-Looking Statements
This press release and any statements included herein may contain forward-looking statements regarding Clarivate. Forward-looking statements provide current expectations or forecasts of future events and may include statements regarding results, anticipated synergies and other future expectations. These statements involve risks and uncertainties including factors outside of the control of Clarivate that may cause actual results to differ materially. Clarivate undertakes no obligation to update or revise the statements made herein, whether as a result of new information, future events or otherwise.

Media contact
Sofía Nogués, Senior External Communications Manager
Sofia.nogues@clarivate.com 

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LG SIGNATURE Celebrates the Artistry and Technique of Golf’s Finest in Master Story Series

Digital Campaign Puts Spotlight on Unrivalled Mastery of LPGA Stars and Brand Ambassadors, Ko Jin-young and Park Sung-hyun

SEOUL, South Korea, Oct. 9, 2020 — LG SIGNATURE is launching the latest chapter in its Master Story Series, a digital campaign that celebrates the skill, expertise and dedication of the brand’s high-profile ambassadors. This time around, the focus is on two of the world’s premier female golfers, Ko Jin-young and Park Sung-hyun. The artistry and technique that both players bring to the game echoes the seamless fusion of art and technology LG SIGNATURE brings to its exclusive lineup of premium lifestyle solutions.

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LG SIGNATURE Brand Ambassadors, Ko Jin-young and Park Sung-hyun.
LG SIGNATURE Brand Ambassadors, Ko Jin-young and Park Sung-hyun.

 

LG SIGNATURE Brand Ambassador, Park Sung-hyun has an instantly-recognizable swing that combines power and artistic grace in equal measure.
LG SIGNATURE Brand Ambassador, Park Sung-hyun has an instantly-recognizable swing that combines power and artistic grace in equal measure.

 

LG SIGNATURE Brand Ambassador, Ko Jin-young is well-known for her meticulous preparation, and a finely honed ability to tune out all distractions whilst out on the course.
LG SIGNATURE Brand Ambassador, Ko Jin-young is well-known for her meticulous preparation, and a finely honed ability to tune out all distractions whilst out on the course.

 

LG SIGNATURE Brand Ambassadors, Ko Jin-young and Park Sung-hyun.
LG SIGNATURE Brand Ambassadors, Ko Jin-young and Park Sung-hyun.

To perform consistently and at the highest level in the sport of golf requires skill, talent and above all, commitment — attributes that Ko and Park possess in spades. LG SIGNATURE leverages these same qualities to produce its peerless products, which are coveted by consumers worldwide for their unparalleled quality, functionality, and style. The ideal ambassadors for LG SIGNATURE, Park and Ko share the brand’s unquenchable desire, and proven ability, to deliver the very best.

Ko Jin-young shares the focus and drive common to all professional golfers, but her style of play is distinctly her own. A huge part of Ko’s success is her meticulous preparation, and a finely honed ability to tune out all distractions whilst out on the course. After picking up her first professional victory at the 2018 ISPS Handa Women’s Australian Open, Ko went on to secure two LPGA majors the very next year: the 2019 ANA Inspiration and the 2019 Evian Championship, the latter of which is sponsored by LG SIGNATURE.

"Every course plays differently and there are so many variables to consider with each putt and each drive, which is why technique and consistency are so crucial," said Ko. "Patience, discipline, and above all, preparation — both physical and mental — are what allow me to repeat my swing and get the results I expect and demand of myself."

Famous for her majestically long drives, Park Sung-hyun has an instantly-recognizable swing that combines power and artistic grace in equal measure. Her distinctive technique generates incredible club head speed, sending the ball soaring far and high with a rhythmic precision that is immensely satisfying to watch. Park made her professional debut in 2017, outperforming more experienced players to capture her first LPGA major title, the 2017 U.S. Women’s Open Golf Championship.

"I like to think of golf as a form of art and I believe that comes across in my style of play," said Park. "Although skill and practice are obviously important to how you perform on the greens and fairways, so is creativity, and that’s where I feel I have an advantage."

Two of golf’s finest, Park and Ko embody the LG SIGNATURE commitment to excellence. The artistry and flawless technique they display at the world’s most prestigious golf courses is an apt metaphor for the beautiful aesthetics and advanced technology so elegantly intertwined in the brand’s immaculate appliances.

"All of our LG SIGNATURE ambassadors are the best in their chosen fields, and we are thrilled to unite with them to showcase what it means to be a master of one’s craft," said Kim Jin-hong, head of LG’s Global Marketing Center. "Reaching consumers around the globe, this digital campaign is a perfect way to communicate our brand philosophy and celebrate the skill and effort it takes to achieve true greatness."

To learn more about the new LG SIGNATURE Master Story Series videos featuring Ko Jin-young and Park Sung-hyun, please visit www.LGSIGNATURE.com

# # #

About LG SIGNATURE

LG SIGNATURE is the first ultra-premium brand across multiple product categories from global innovator LG Electronics. Catering to the most discerning consumers, LG SIGNATURE is designed to provide a state-of-the-art living experience that feels pure, sophisticated and luxurious. Combining the very best of everything LG has to offer, the distinctive LG SIGNATURE products were designed with their true essence in mind — streamlined to focus on each product’s essential function while maintaining LG SIGNATURE’s modern, signature design. www.LGSIGNATURE.com.

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ST Telemedia Global Data Centres (Thailand) Awarded LEED Gold Certification for “STT Bangkok 1”, Thailand’s First Hyperscale Data Centre

BANGKOK, Oct. 7, 2020 — ST Telemedia Global Data Centres (Thailand) or "STT GDC Thailand", a leading data centre service provider, today announced that it has been awarded the LEED® Gold v.4 certification from the U.S. Green Building Council (USGBC) for its STT Bangkok 1 data centre that will be ready for service in Q1 2021.  With this, STT Bangkok 1 becomes the largest  data centre building in Thailand to be LEED-certified.

Mr. Supparat Singhara Na Ayutthaya, CEO of STT GDC Thailand
Mr. Supparat Singhara Na Ayutthaya, CEO of STT GDC Thailand

The LEED (Leadership in Energy and Environmental Design) green building program is the most widely used green building rating system in the world and an international symbol of excellence. The certification demonstrates that STT Bangkok 1 has achieved high performance in areas such as water efficiency, energy use, indoor environmental quality, materials and resources, and location and transportation.

Commenting on the achievement, Mr. Supparat Singhara Na Ayutthaya, CEO of STT GDC Thailand, said: "This certification is a testament to our commitment to sustainability in the way we do business.  Our goal is for our data centres to lower carbon emissions in the long term and reduce operating costs for our customers through an optimal power usage effectiveness (PUE) index while prioritising sustainable practices. This accomplishment sets our data centre apart from others in the industry. It also complements the industry benchmarks set earlier this year with STT Bangkok 1 being the first data centre to be awarded both the TIA-942 Rated-3 and Uptime Institute Tier III Design Document certifications."

"We look forward to delivering a level of service to customers that exceeds current industry standards. After STT Bangkok 1 is launched in Q1/2021, this same approach will be taken for our second data centre to maintain our environmental leadership in the data centre industry," said Mr. Singhara Na Ayutthaya.

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Terminus’ AI CITY: The Cornerstone of Urban Digitization and the Pulse of Cities

BEIJING, Sept. 25, 2020 — On September 23, the world’s leading smart service provider, Terminus Group, officially announced its AI CITY strategy in Beijing, the embodiment of Terminus Group’s experience gathered over the past five years, and unveiled the TACOS -Terminus AI CITY Operating System, for the first time.

Victor AI, founder and CEO of Terminus Group, together with Jonathan Woetzel, senior partner at McKinsey & Company and the director of McKinsey Global Institute, Bjarke Ingels, founder and creative director of Bjarke Ingels Group, oversaw the concept and strategy promulgation in this one of the most important grand occasions in AI CITY industry, and gave speeches on urban digitization and Terminus Group’s AI CITY solutions.

Cities are becoming bigger and denser in an era of unprecedented urbanization. At the same time, large-scale mobile digital layers exist atop these dense environments. Combining these two trends to better understand the city will lead to a great age of Urban Digitization, which can be used to help residents, businesses, and governments gain insights into how cities work. 

In response to the aforementioned trends and requirements, Terminus Group’s strategy has combined the hardware and software to further promote the OTA (Over the Air) city autonomous upgrade model reshaping the form of the city. As the core idea of Terminus Group’s AI CITY strategy, the city OTA describes an underlying system for urban interaction that can be constantly upgraded and modified remotely.

In the AI CITY, various solutions including smart communities, smart fire protection, smart security, smart finance and smart cultural tourism are all packed into digital layers that are ready to be deployed in upgrading the target industries, and they are all integrated into the city smart operating system TACOS. Being the essential parts of the city’s neural network, they could contribute to making the city brain even smarter. TACOS, the city hub, will be a collection and a distribution center for diverse information and instructions coming from the IoT devices spread around the city, and will help the city operators obtain instant information and make more responsive and optimal decisions.

Nowadays, the traditional notions of what a city can be and how it can best serve its citizens has been challenged by new game developers, planners, and designers

According to Victor AI, "Just like the invention of smartphone in the mobile network era and the vehicle networking inspiring the smart cars revolution, in the 5G+AIoT era, as the aggregation carriers of various vertical scenarios, and the most important supportive arm for the industrial economy, cities will also upgrade in the transformation from traditional mode to AI driven form. Definitely, Terminus Group is born for the new city form".

At this global press conference, Victor AI also introduced the CLOUD VALLEY, the world’s first AI CITY initiated by Terminus Group in Chongqing in April this year, which is also Terminus Group’s first achievement under the partnership with BIG and has directed path for the world’s AI CITY development.

With regards to Terminus Group’s AI CITY solutions, Jonathan Woetzel commented: "Terminus Group is the direction for the future development of China’s AI CITY industry. And going to step further, not just in China, the intelligentization of the city will fundamentally subvert the current model of urban infrastructure, and we firmly believe Terminus Group can accomplish this remarkable feat."

In Bjarke Ingels’ view, the cooperation with Terminus Group is a new journey for BIG to explore more possibilities of the future AI CITY, "We are excited to build an in-depth partnership with Terminus Group, as our two sides have the shared vision of creating spirited sustainable cities around the world."

At this press conference, Terminus Group also launched its "T-Plan", which is the company’s newest initiative aimed at recruiting the top talents specializing in AI,5G,IoT and cloud platform worldwide to back its global AI CITY ambitions.

Nam Tai Property Announces Grand Opening of Nam Tai Inno Park at Greater Bay Area Tech-empowerment Summit

SHENZHEN, China, Sept. 11, 2020  — Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) is pleased to announce the grand opening of Nam Tai Inno Park (the "Park") at its brand launching event as a part of the "Tech Empowerment • Greater Bay Area" – Technology and Industry Development Summit (the "Summit") held on September 10, 2020 at Guangming Community Sports Center.

At the event, Nam Tai hosted a ceremony with corporate tenants and business partners. Guests included Taihang Automobiles, Mornsun Electronics, Yihong Technology, as well as Harbin Institute of Technology (Shenzhen), Bank of China and Cowin Capital, among others. To date, the Park has attracted around 30 corporate tenants in various tech fields under its pre-leasing program.

The opening of the Park marks the first project launched to the market in Nam Tai’s portfolio and highlights the progress the Company is making on its strategy to be a leading operator of technology parks. Nam Tai is committed to providing the safest, highest quality mixed-use technology and industrial spaces. The Company is also committed to differentiated development strategies, integrated industrial operation system, tech innovations and development opportunities that will create long-term value for its shareholders.

Under the guidance of the Commerce Bureau and Science and Technology Innovation Bureau of Shenzhen Guangming District, Nam Tai co-organized the Summit with Shenzhen Industry-University-Research Cooperation Promotion Association and Shenzhen Big Data and Artificial Intelligence Industry Alliance. In attendance were officials from the district government, industry leaders, scholars and researchers, well-known industry experts, Nam Tai management, financial institutions and media. At the Summit, Jianguo Wei, former Vice Minister of Commerce of China and Vice Chairman of the Center for International Economic Exchanges, delivered a speech on the integration trend of science and technology and industrial economy in the context of the Guangdong-Hong Kong-Macao Greater Bay Area. In addition, Tianyou Chai, academician of the Chinese Academy of Engineering, and Jing Xiao, chief scientist of Ping An Insurance and special expert of national "Thousand Talents Program", discussed the development and future of automation science and technology, and the exploration and practice of "artificial intelligence+finance". 

Nam Tai Inno Park is located in the central area of Guangming District, Shenzhen, with a gross floor area of approximately 330,000 square meters, encompassing five industrial office buildings, two business service centers and three talent dormitories. The office buildings and dormitories are under renovation to be delivered in batches from the third quarter of 2020. The Park is building a "3+4+5" industrial service system to empower enterprises in aspects of technology, incubation, talent, finance, and intelligence. As part of the development project, Nam Tai and Harbin Institute of Technology (Shenzhen) established a "Big Data and Artificial Intelligence Public Service Center" to jointly provide an intelligent ecological environment for enterprises. The Park will continue to promote regional economic development and tech innovation by providing high-quality industrial spaces and service systems.

About Nam Tai Property Inc.

We are a real estate developer and operator, mainly conducting business in Mainland China. Our main land resources are located in the Guangdong-Hong Kong-Macao Greater Bay Area ("Greater Bay Area") and Wuxi, China, of which the three plots in Shenzhen will be developed into Nam Tai Inno Park, Nam Tai Technology Center and Nam Tai Inno Valley. We plan to build these technology parks into landmark parks in the region and provide high-quality industrial offices, industrial service spaces and supporting dormitories to the tenants. Based on the experience of developing and operating technology parks and an industrial relationship network accumulated over the past 40 years, we have also exported the operation model of technology parks to other industrial properties. Through an asset-light model, we have leased industrial properties for repositioning and business invitation. We will also expand the commercial and residential property business in China as an auxiliary development strategy of the Company. As the growth prospects of China maintain, we shall seize development opportunities in the Greater Bay Area and other first- and second-tier cities in China, and continue to strengthen and expand the business of industrial real estate, and commercial and residential properties. Nam Tai Property Inc. is a corporation registered in the British Virgin Islands and listed on the New York Stock Exchange (Symbol: "NTP"). Please refer to our corporate website (www.namtai.com) or the SEC website (www.sec.gov) for our press releases and financial statements.

Forward-looking Statement and Factors that Could Cause our Share Price to Decline

Certain statements included in this press release, other than statements of historical fact, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may", "might", "can", "could", "will", "would", "anticipate", "believe", "continue", "estimate", "expect", "forecast", "intend", "plan", "seek", or "timetable". These forward-looking statements, which are subject to risks, uncertainties, and assumptions, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business and the industry in which we operate. These statements are only predictions based on our current expectations about future events. There are several factors, many beyond our control, which could cause results to differ materially from our expectation. These risk factors are described in our Annual Report on Form 20-F and in our Current Reports filed on Form 6-K from time to time and are incorporated herein by reference. Any of these factors could, by itself, or together with one or more other factors, adversely affect our business, results of operations or financial condition. There may also be other factors currently unknown to us, or have not been described by us, that could cause our results to differ from our expectations. Although we believe the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. You should not rely upon forward-looking statements as predictions of future events. These forward-looking statements apply only as of the date of this announcement; as such, they should not be unduly relied upon as circumstances change. Except as required by law, we are not obligated, and we undertake no obligation, to release publicly any revisions to these forward-looking statements that might reflect events or circumstance occurring after the date of this press release or those that might reflect the occurrence of unanticipated events.

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Focalcrest Inc to Launch New Relay Switch at IFA 2020

BERLIN, Aug. 28, 2020 — Focalcrest Inc, the leading smart home solutions company, has announced the planned launch of a new smart relay switch in the upcoming IFA 2020 in Berlin on September 3rd. At the premiere which is to happen at Booth No.: 109 Level 1 of the CityCube Berlin, Focalcrest plans to showcase its innovative relay switch and the potential it has for safety and performance improvement in smart homes.

Mixtile Relay Switch
Mixtile Relay Switch

The Mixtile Relay Switch does not require a neutral wire or a minimum load to work. Additionally, it eliminates many of the safety issues that installers are facing, such as light flickering and electrical leakage. The relay part adds connectivity to lights while the switch is an optional inclusion that bridges the relay and light switches for expanded functionality.

The Mixtile Wireless Relay Switch with a patent-pending design pursues improved safety and user satisfaction. An included overload protection can keep smart bulbs from overheating, blowing, or starting fires—further, the new design targets to solve poor connectivity, and energy wastage.

Focalcrest has achieved a relay switch design that is exceptionally compact to allow the installation of 2 or more Mixtile switches in any electrical boxes. The switch can support three-way and four-way switches, making it possible for consumers to remotely control smart bulbs while being able to use traditional light switches.

To fulfill its brand vision for a better smart home experience, the company made the Mixtile Relay Switch with minimum installation requirements. The design expands the scope of usage for the relay switch to include low wattage bulbs and LED lights, fluorescent bulbs, and rocker and rebound switch types.

Global user adoption for smart lighting has been on a sharp rise driven by the need for energy efficiency and convenience. Data by Allied Market Research shows that the smart lighting industry will reach $38.68 billion by 2026 with a CAGR of 20.5%.

"The Mixtile Relay Switch will change the paradigm of the smart home experience," says Martin, CEO at Focalcrest Inc. "With a new emphasis on safety and diverse performance, we will materialize the experiences integral for a smooth and modernized lifestyle."

About Focalcrest Inc.

Focalcrest Inc is a smart home company that provides forward-thinking solutions to simplify the user experience with home appliances, aiming to save consumers from high costs and frustrations with innovative systems designed for agile implementation and superior performance.

 

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