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PR Newswire

Color Star Technology Announces Management Change to Strengthen Leadership and Better Positioned to Implement its Business Plan

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NEW YORK, July 18, 2020 — Color Star Technology Co., Ltd. (Nasdaq CM: HHT) (the “Company”, “we” or “HHT”), a company engaged in the business of providing innovative education services, announced the resignation of Yang (Sean) Liu as CEO and chairman of the board of directors and the appointment of Mr. Biao (Luke) Lu as his successor on July 17, 2020.  Under Mr. Liu’s leadership, the Company successfully completed its transition to an innovative education service provider. Given Mr. Liu’s professionalism in Information Technology development and management, he will redirect his focus to act as the Company’s Vice President of Technology and be in charge of the development of the software and technology related to our “Color World” platform. The Board is pleased to announce that Mr. Biao (Luke) Lu has been appointed as CEO and Chairman of the Board to further implement the Company’s business plan. Such management change is due to the Company’s development layout in an effort to make full preparations for the “Color World” platform to be launched soon.

Mr. Lu is a famous film producer and agent in China and has been in the entertainment industry for 25 years. He started engaging in film and TV drama production at China Central Television (CCTV) in 1997. From 2005 to 2017, he served as CEO of “Dongxing Time International Culture” where he expanded the global artist brokerage business and signed many famous artists in Asia. In 2017, he joined “Hong Kong War Tiger Pictures” as its CEO where he invested in and produced many popular films such as “Ocean Paradise,” “Happy Bureau,” “Stalker,” “I want to be rich,” “Transformation Group,” and “Lifetime with You,” etc. At the same time, he also participated in the production of many artists’ records, concerts and a variety of shows.

The online education platform “Color World” created by Color Star is very different from other traditional education platforms. The instructors are well-known stars or producers. The students will learn from those instructors and benefit from their professional experience and knowledge, and they will offer our students more practical guidance. Therefore, Mr. Lu’s leadership will bring his 25 years of entertainment and management experience to Color Star, so that the Company will be able to attract more artists to join as its instructors. Mr. Lu will lead the sales of artists’ peripheral products and interactive videos of artists on the “Color World” platform, a unique addition to the platform and a boost to the company’s sales and revenue.

This management change will maximize the team’s expertise and experience. In the future, Color Star intends to set up offline bases in the United States and a number of countries in Asia to achieve a sophisticated combination of online and offline education mode in an endeavor to bring a new music and entertainment education experience to millions of students worldwide.

About Color Star Technology Co., Ltd.

Color Star Technology, is a holding company whose primary business is offering both online and offline innovative education services. Its business operations are conducted through its wholly-owned subsidiaries Color China Entertainment Ltd. and CACM Group NY, Inc. The Company also anticipates providing an after-school tutoring program in New York via its joint venture entity Baytao LLC, and providing online music and entertainment education via a platform branded “Color World.”

Forward-Looking Statements

Certain statements made herein are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include the business plans, objectives, expectations and intentions of the parties following the completion of the acquisition, and HHT’s estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: there is uncertainty about the spread of the COVID-19 virus and the impact it will have on HHT’s operations, the demand for the HHT’s products and services, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the other public filings with the Securities and Exchange Commission (the “SEC”) by HHT. Additional information concerning these and other factors that may impact our expectations and projections will be found in our periodic filings with the SEC, including our Annual Report on Form 20-F for the fiscal year ended June 30, 2019. HHT’s SEC filings are available publicly on the SEC’s website at www.sec.gov. HHT disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise.

Color Star Technology Co., Ltd.
Contact: Investor Relations
FinancialBuzzIR™
info@FinancialBuzzIR.com
Tele: +1-877-601-1879

PR Newswire

In less than three months, realme breaks into smart personal audio market in India with third spot in Q1 2020, according to Canalys

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SHENZHEN, China, July 17, 2020 — In less than three months since offering its AIoT products, realme has been confirmed as a market leader in the smart personal audio category in the Indian market for Q1 2020. According to Canalys, a research firm, realme secured a commanding third place with 10% market share, an achievement for a new entrant amidst a global pandemic.

realme breaks into smart personal audio market in India with the third spot in Q1 2020, according to Canalys
realme breaks into smart personal audio market in India with the third spot in Q1 2020, according to Canalys

 

Latest Canalys estimates show that shipments of smart personal audio devices in Asia Pacific, not including Greater China, grew 61% year on year to reach 16 million units in Q1 2020. Asia Pacific has surpassed Europe to be the third largest regional market in the smart personal audio category. The region now accounts for 21.1% of global shipments and demand is set to grow further, due to the increase in demand for smart phones in growing economies.

In discussing about the results, realme noted that there was an opportunity as key players globally were not fast enough to adapt to growing consumer needs. realme revealed that the majority of its consumers are youths and young professionals, who value form as much as function. “This means we have to deliver on both fronts to meet our customers’ needs”, says Xu Qi, realme’s Global Marketing President.

realme’s tech-trendsetting range of products incorporate the best in both design and technology. The Buds Q earpieces were designed by José Lévy, who has worked with brands such as Hermes. realme’s world-class design studio has attracted top designers wordwide such as Naoto Fukasawa, Jose Levy and more. realme plans to bring more designers from the US, Japan, Korea and Europe to infuse their works through realme products for a global audience.

The smart audio market is a fast-evolving market, with new features such as 5G and AIoT being experimented with in new products. As such products become cheaper and more reliable, consumers are becoming open to relying on technology for their daily needs. “Accounting for more than half the market, wireless earphones are the most popular category in India, with all the top five players, including smartphone vendors Samsung, Realme and Xiaomi, shipping more wireless earphones than any other category in Q1,” said Canalys Analyst Madhumita Chaudhary.

realme found success through deeply understanding their customers and being responsive to their needs. Recently, realme broke the record in selling smart TVs in India – they sold 15,000 smart TVs in just 10 minutes. realme has also announced their plan to release more than 50 AIoT products by the end of 2020 and more than 100 in 2021, to a global audience of more than 50 different countries and regions. With a strong lineup of products and a deep understanding of its markets and consumers, realme has ambitious aims to be the leader for consumer AIoT products on a global scale.

About realme

realme is a technology brand that provide superior quality and trendsetting smartphones and AIoT products to the global market. realme users are young, ambitious and globally minded. realme products empower these people to ‘Dare to Leap’ using the latest in technology and design.

realme is the seventh top smartphone brand in the world and was recognized as one of the mainstream smartphone brands according to Counterpoint’s statistics of global smartphone shipments in Q3 2019. In 2019, realme’s global smartphone shipments reached 25 million with a YoY growth rate of 808%, making realme the fastest-growing smartphone brand in the world. realme has entered 59 markets worldwide, including China, Sountheast Asia, South Asia, Europe, Russia, Australia, Middle East, Africa with global user base of over 35 million.

www.realme.com

 
PR Newswire

ZTE and Omdia co-host a global 5G SA webinar

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SHENZHEN, China, July 17, 2020 — ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today announced that it has hosted a live-streaming global 5G SA webinar in partnership with Omdia, a global leading technology research powerhouse.

At this webinar, experts from Omdia and ZTE have shared their insights on the global industry trends of 5G SA, and explored the various 5G SA deployment practices in China.

“56% of telecommunications service providers are preparing to deploy 5G core networks and 5G SA networks in the next 24 months,” said Dario Talmesio, Research Director of Service Providers Strategy at Omdia. “For that, China provides important learning opportunities from real-life implementations, as Chinese telcos are pioneering in 5G SA now.”

Jason Tu, Principle Scientist of NFV/SDN Products at ZTE, has elaborated the benefits of deploying 5G SA networks as well. “NSA/SA dual-mode terminals are now very popular in the market. The large -scale deployments of 5G SA networks in Chinese market have successfully verified the 5G SA end-to-end solutions,” said Jason.

“As the target architecture of 5G networks, 5G SA networks will help operators open a new 2B market. By selling different SLA-guaranteed network slicing to vertical industries, operators will obtain a new revenue source,” Jason added. He believed that speeding up the evolution to SA networks and even hopping directly to them seems to be a reasonable option now.

“With extensive experience in deploying 5G SA solutions in China, Asia and Europe, ZTE is well positioned to work with global operators and provide them with 5G common Core, SA radio networks or hybrid SA/NSA radio networks,” said Alex Wang, Managing Director of 5G RAN Solutions at ZTE.

ZTE has increased the coverage and capacity of 5G SA networks through FAST (FDD Assisted Super TDD), and has further enhanced the capability by virtue of low latency, mobile edge computing, network slicing and network sharing, according to Alex Wang.

ZTE is a provider of advanced telecommunications systems, mobile devices and enterprise technology solutions to consumers, operators, companies and public sector customers. The company has been committed to providing customers with integrated end-to-end innovations to deliver excellence and value as the telecommunications and information technology sectors converge. Listed in the stock exchanges of Hong Kong and Shenzhen (H share stock code: 0763.HK / A share stock code: 000063.SZ), ZTE sells its products and services in more than 160 countries. 

Media Contacts:

Margaret Ma
ZTE Corporation
Tel: +86 755 26775189
Email: ma.gaili@zte.com.cn 

Related Links :

http://www.zte.com.cn
PR Newswire

Acronis Acquires DeviceLock, Adds Data Loss Prevention and Device Control to Growing Cyber Protection Portfolio

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Singapore unicorn company adds DeviceLock’s leading device control and endpoint data loss prevention technology to further advance its business solutions

SINGAPORE, July 16, 2020  — Acronis, a global leader in cyber protection, today announces the acquisition of DeviceLock, Inc., a leading provider of endpoint device/port control data leak prevention software for enterprises and government institutions around the world. As part of the agreement, DeviceLock will become a wholly-owned subsidiary of Acronis.

Acronis now owns 100% on DeviceLock
Acronis now owns 100% on DeviceLock

A clear leader in endpoint Data Loss Prevention (DLP) protecting 4 million computers in more than 5,000 organizations worldwide, DeviceLock enjoys a global customer presence across a wide variety of business types, including banking and finance, medical, pharmaceutical, government and defense, manufacturing, and retail.

DeviceLock DLP is designed to stop data leaks at the source, as nearly two thirds of serious data leakage incidents are caused by employees, contractors or visitors — whether through unintentional mistakes or malicious intent. DeviceLock solutions provide top-class protection of valuable data from this serious insider threat. The acquisition of these new capabilities will help advance Acronis’ mission to deliver world-class cyber protection to every business.

Acronis will integrate DeviceLock’s technology into the Acronis Cyber Platform, making new services available through the Acronis Cyber Cloud Solutions portal. At the same time, Acronis will continue to work on new versions of the DeviceLock DLP complex while maintaining full technical support.

Together with DeviceLock’s full DLP suite, Acronis will offer customers and partners a simple and affordable approach to preventing data leaks from corporate Windows and Mac laptops, desktop computers, and virtualized Windows sessions and applications, covering the Five Vectors of Cyber Protection — safety, accessibility, privacy, authenticity, and security (SAPAS) of all data, applications, and systems.

“By adding DeviceLock’s solutions to our portfolio of cyber protection products and services, we’re giving our partners and customers an easy way to deliver an unprecedented level of functionality among endpoint DLP solutions in an affordable price range,” said Serguei “SB” Beloussov, Acronis’ Founder and Executive Officer. “We are looking at both developing new solutions internally, as well as acquiring additional leading vendors to add even more capabilities to our existing repertoire. The world of IT security is always changing, and we are determined to continue evolving our solutions to meet the ever-changing needs of the market.”

Acronis sees the value in offering DeviceLock’s services to its community of 50,000 partners in the IT channel, enabling MSPs and service providers to better manage the data protection needs of their clients. Acronis’ ability to meet infrastructure deployment requirements by location, budget, and use case provides them with the best in control and flexibility, to deliver cyber protection with Acronis Cyber Protect. Acronis plans to continue enhancing its cyber protection offerings, and adding capabilities requested by partners and customers.

“By merging with Acronis, we can accelerate product innovation, expand our distribution channel, and leverage our existing technology to meet customer requirements,” said Ashot Oganesyan, DeviceLock CTO and Founder. “With the knowledge gained from nearly a quarter century of experience providing device control and endpoint data leak prevention solutions, we are certain that this acquisition will protect millions more users and ensure secure and reliable data protection deployments worldwide.”

About Acronis

Acronis unifies data protection and cybersecurity to deliver integrated, automated cyber protection that solves the safety, accessibility, privacy, authenticity, and security (SAPAS) challenges of the modern digital world. With flexible deployment models that fit the demands of service providers and IT professionals, Acronis provides superior cyber protection for data, applications, and systems with innovative next-generation antivirus, backup, disaster recovery, and endpoint protection management solutions. With award-winning AI-based anti-malware and blockchain-based data authentication technologies, Acronis protects any environment – from cloud to hybrid to on-premises — at a low and predictable cost.

Founded in Singapore in 2003 and incorporated in Switzerland in 2008, Acronis now has more than 1,500 employees in 33 locations in 18 countries. Its solutions are trusted by more than 5.5 million home users and 500,000 companies, including 100% of the Fortune 1000, and top-tier professional sports teams. Acronis products are available through 50,000 partners and service providers in over 150 countries in more than 40 languages. For more information, please visit www.acronis.com.

About DeviceLock, Inc.

Established in 1996, DeviceLock, Inc. provides device control and endpoint data leak prevention software solutions to businesses of all sizes and industries. Protecting 4 million computers in more than 5,000 organizations worldwide, DeviceLock has a vast range of corporate customers including financial institutions, state and federal government agencies, classified military networks, healthcare providers, telecommunications companies and educational institutions. For more information, visit DeviceLock at www.devicelock.com and on Twitter at https://twitter.com/DeviceLock

Contact:

Natalia Tashkeeva
Corporate Communications Director
+65 9643 9080 | natalia.tashkeeva@acronis.com 

Photo – https://photos.prnasia.com/prnh/20200716/2859627-1?lang=0

Related Links :

https://www.acronis.com/

PR Newswire

HP Introduces Powerful New Global Partner Program

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HP Amplify™ arms partners with the capabilities and insights required to drive growth in the customer-driven digital age

News highlights:

  • Delivers simplified and easy-to-navigate global[1] structure with two distinct tracks
  • Rewards partners for value-added services, collaboration and capabilities
  • Accelerates digital transformation with insights-driven data and collaboration tools

SINGAPORE, July 16, 2020 — Today, HP Inc. unveiled HP Amplify, a first-of-its kind global[1] channel partner program optimized to drive dynamic partner growth and deliver consistent end customer experiences. Built on a single, integrated structure, HP Amplify provides the insights, capabilities and collaboration tools needed to drive growth as digital transformation and customer purchasing behaviors continue to evolve. The new program goes into effect November 1, 2020 for commercial partners with retail partners slated to transition in the second half of 2021.

HP Introduces Powerful New Global Partner Program
HP Introduces Powerful New Global Partner Program

By consolidating HP’s best partner products, tools and trainings into one intuitive program, HP Amplify removes complexity, making it easier for partners to take advantage of its many benefits and engage customers on a deeper level. Now comprised of just two distinct tracks – Synergy and Power – with clear compensation levels, HP Amplify provides partners with the flexibility to invest in value-added services and capabilities. The more a partner invests in these capabilities, the higher the rewards.

“Today’s buyer expects streamlined, automated and personalized experiences. To thrive in this changing environment – with data as the new currency – requires a combined shift to relate to our customers as individuals, not markets,” said Ng Tian Chong, Managing Director, Greater Asia, HP Inc. “HP Amplify not only makes it easier for partners to do business with HP – it provides partners with a clear path to ready their business and succeed in today’s environment and beyond – to capitalize on emerging trends and play a central role in the evolving customer buying journey.”

Experiences at the Speed of Digital

Customers have dramatically altered how they research and buy technology and how they engage with brands, buying more products and services through digital channels, such as e-commerce, partner portals and marketplaces. At the same time, technology and digital transformation are advancing at an astounding pace while business models are shifting from simple transactions focused on selling products to contractual relationships.

For the IT industry overall, and the channel specifically, it means business as usual is no longer an option. With the introduction of HP Amplify, HP is taking decisive actions to capitalize on these shifts, arming partners for future growth and to deliver a more satisfying customer experience.

“HP and its partners have an enormous and exciting opportunity to reinvent the way we do business and our route-to-market,” said David Tan, Head of Channel, Omni and Supplies Sales, Greater Asia, HP Inc. “Yet addressing these opportunities requires overcoming system inadequacies, legacy habits and embracing new business models. We’re making this leap together, embracing and investing in important changes to our ecosystem and our shared capabilities.”

Performance, Capabilities & Collaboration [2]

Designed to enable progressive go-to-market strategies that cater to a combination of transactional, contractual and hybrid selling models, HP Amplify focuses on three core pillars: performance, capabilities and collaboration.

Performance

As the traditional sales model has been upended, so too has the traditional channel compensation model. While the new program will continue to reward partners based on goals and volume, HP Amplify features an innovative measurement and reward system that accounts for the many strategic efforts partners employ throughout the holistic sales process, from registration volume to average sales value and account retention.

Capabilities

Beyond sales revenue alone, HP Amplify measures rewards based on new capabilities, including investing in and improving digital skills, service delivery capabilities, e-commerce/omnichannel experiences and secure data collaboration.

Capabilities will be specialized and tailored to the sectors customers operate within, creating more personalized experiences and driving invaluable outcomes. HP Amplify rewards partners who invest in the capabilities to compete – and win – in a world dominated by e-commerce and digital-led customer journeys and experiences. The more capabilities around secure data collection, routes to market, services and specializations, the more access and benefits partners will receive.

Collaboration

Collaboration between HP and its partners is critical to our shared success. HP Amplify is designed to turn data analytics into deeper insights that inspire new strategies and steer innovation. HP will collaborate closely with partners to hone their digital skills, such as automated quotes and ordering, to provide a more consistent customer experience across multiple channels and equip partners with valuable research on the most important pain points in the customer journey.

Armed with this added opt-in customer intelligence[3], partners will have more of a competitive edge, with the intrinsic ability to anticipate and enable more positive customer outcomes. As a result, partners will be able to serve customers more seamlessly through automated inventory updates, product returns and holistic data intelligence. These experiences will continue to build upon the long-standing bonds between customers, partners and HP.

“For almost 40 years of serving the IT needs of SMBs and large scale enterprises, we continue to see the evolution of business model and customer buying preferences. In the new digital economy, customers go beyond transactional relationships. In addition, customers of today look for Partners that can deliver the best customer experience. With HP Amplify, this new partner program allows partners to build and share customer insights around it. This new partner platform enables HP and Partners to drive and deliver value-added solutions that revolves around customer experience,” said Rudolph Ng, CEO, Phil-Data Business Systems, Inc. Phil-Data is currently a Platinum Partner of HP and has been an HP partner for over 28 years.

HP Amplify Impact

HP’s dedication to sustainable impact through technology that makes life better for everyone, everywhere has long been integral to its business strategy and operations. Together, HP and its partners can make a lasting difference by acting in lockstep to further fuel innovation and growth in these areas.

For this reason, as an extension of the company’s new global program, HP is introducing HP Amplify Impact, inviting all partners to join HP its pledge to address:

  • Planet: Working toward a circular, low-carbon economy
  • People: Respecting human rights, enable people across the value chain to thrive; and cultivate a diverse and inclusive culture
  • Community: Unlocking educational and economic opportunity while improving the vitality and resilience of local communities

For partners who choose to join this opt-in pledge, HP will provide training and support, and help identify potential gaps in the goals partners wish to set and provide guidance on how to achieve those goals. HP will provide more details closer to the launch of HP Amplify on November 1, 2020.

About HP Inc.

HP Inc. (NYSE: HPQ) creates technology that makes life better for everyone, everywhere. Through our product and service portfolio of personal systems, printers and 3D printing solutions, we engineer experiences that amaze. More information about HP Inc. is available at www.hp.com.

Resources:

[1] Global program, with the exception of Greater China.
[2] Partners who choose not to invest in pillars are not excluded; they can continue to source products through distribution.
[3] Customer data collection will be opt-in and adhere to strict customer privacy and data security requirements.

©Copyright 2020 HP Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

Photo – https://photos.prnasia.com/prnh/20200715/2858480-1?lang=0

Related Links :

http://www.hp.com

PR Newswire

LoginID announces Partners integrating its FIDO-certified Strong Customer Authentication platform

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The LoginID FIDO2 and UAF certified Strong Customer Authentication platform will provide Data on Tap, Execuvault, NetCents, Global Asset Technology, POS Connect, and FroogalPay customers frictionless, secure biometric logins, removing the need for traditional logins and passwords

SAN MATEO, California, July 14, 2020 — LoginID Inc. has announced new partnerships as part of its launch of FIDO-as-a-Service, for small and medium sized enterprises.  This follows on its recent announcement for the Indonesian market, with eKYC leader, ASLI RI. The new partners announced will integrate the LoginID FIDO2 and UAF certified biometric strong customer authentication in support of various use-cases.

By integrating the LoginID strong customer authentication, partners will now be able to reduce end-user dependency on weak logins and passwords.  According to the FIDO Alliance, 64% of eCommerce customers and 78% of peer to peer transfer users, prefer stronger authentication versus traditional logins and passwords.  With LoginID’s FIDO-as-a-Service, partners will be able to provide their customers additional confidence, and higher security in their daily digital interactions, eliminating passwords and logins.  “Developers and enterprises are looking for very low-lift integrations of leading-edge products. Our FIDO2 and UAF certified strong customer authentication can be integrated in less than an hour, and will provide end-users a frictionless experience” says Simon Law, CEO of LoginID.

Differing from proprietary biometric solutions, the LoginID FIDO2 and UAF certified platform utilizes cryptographic security based on the customer’s device hardware, therefore it is not vulnerable to hacks or OS takeovers.  It works right out of the box, with no additional hardware or downloadable software required by customers.  The customer experience is very simple and intuitive, with a ‘biometric login’ button displayed, where customers can use their fingerprint scanner on their device to login to an application or website.  Customers won’t have to remember passwords or use other weaker forms of logging in. 

Data on Tap is a Canadian based telecom technology company that is developing a digital ecosystem of highly-customized mobile services serving smartphone customers.  “With the LoginID FIDO2 service we will be able to increase digital in-app and web interactions security and where required provide additional authentication and user level control,” says Algis Akstinas, CEO of Data on Tap.  “This will also alleviate any customer concerns around SIM swap attacks, which is becoming more of a prevalent issue for customers”.

Execuvault is a Toronto-based FinTech Startup on a mission to transform the legacy transfer process using blockchain technology. Self-executing smart contracts record the terms of users’ directives and bequests (assets, investments, life insurance policies, and documents— securely stored in a personalized vault); and then validate the criteria for assignment and disbursement. The XV Legacy Transfer Platform automates the division of funds through trusted transactions —which are digitally notarized and irrefutable— and can be carried out among disparate, anonymous parties; without the need for a central authority or external enforcement mechanism.   “We see a lot of flexibility around how we can easily integrate FIDO2 biometrics into our existing customer experience with LoginID” says Brian Kieller, CEO of ExecuVault.

NetCents Technology (CSE: N.C. / Frankfurt: 26N / OTCQB: NTTCF) provides a very simple way for merchants to accept cryptocurrency as a payment option for their customers. By integrating the NetCents crypto payment button, merchants have an easy way to process various cryptocurrencies and as a complement to traditional payment methods.  “Security is top of mind for our merchants and their clients.  Anything we can do to help further secure out interactions with our merchants or their customers, will help increase our future transaction volume,” says Pat Albright, Executive Vice President at NetCents Technology.

FroogalPay is middleware that provides software developers a quick and easy way to accept payments from within their application.  “Our clients not only need the highest standard around security, but we need to ensure that we provide ways to increase conversions.  With LoginID’s FIDO2 biometric button, there are various ways merchants can integrate into their customer journeys, making it simpler and safer for customers to pay while protecting merchants from fraud.” says Jonathan Reinsdorf, CEO of FroogalPay.

Global Asset Technology has developed an asset based crypto token that can be used towards traditional assets.  “With LoginID we will secure our interactions for our institutional clients, who need simple, yet rigorous security that eliminates threats to their accounts from outside parties” says Steve Katmarian, CEO of Global Asset Technology.

POS Connect is a software developer and payment processor which provides merchants and enterprises secure ways to bill and collect payments.  “More and more of our services are global in nature.  Since the FIDO standard is aligned with regulatory standards such as PSD2 and GDPR, our clients will have assurances that services they are providing meet the expectations of the market as it relates to security and privacy” says Marius Kimel, CEO of POS Connect.

Simon Law, CEO of LoginID says “These partners provide a great cross section of the types of businesses that can leverage strong customer authentication by integrating a simple, biometric button.  We expect to see more and more companies like these recognizing how easy it is to protect their customers while at the same time improving the overall experience.”

LoginID will be adding more functions and features for partners and developers as part of its self-serve digital onboarding experience, in the coming weeks.

About LoginID
LoginID is a San Mateo/Toronto based company focused on bridging the gap around authenticating users and securing their information, using its patent-pending encryption protocol Secure Data Diffusion. This is facilitated through its FIDO2 and UAF certified strong customer authentication, privacy and tokenization platform.  The team is composed of seasoned executives with decades of experience, across global brands, helping commercialize products around security, cryptography, payments and mobile. 
sales@loginid.io

About Data on Tap Inc.
Data on Tap Inc. is building dotmobile™, a smart tiny telecom with a goal – to make wireless more affordable and awesome for youth, seniors, students, newcomers, visitors to the country, small businesses, and families that want to save. Data On Tap™, dotmobile™, dot.™ and the dotmobile logo are trademarks of Data On Tap Inc.

About Execuvault Inc.
For more information about ExecuVault:
Brian Kieller 
brian.kieller@execuvault.com 
execuvault.com

About Net-Cents Inc.
NetCents Technology Inc (NC.CN), the transactional hub for all cryptocurrency payments, equips forward-thinking businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market. NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC For more information, please visit the corporate website at www.net-cents.com or contact Investor Relations: investor@net-cents.com.  To keep up on the latest – make sure to join the telegram channel  http://t.me/NetCents 

About FroogalPay
FroogalPay is a user-friendly Virtual Terminal/Invoicing System/Hosted Payment Pages platform for merchants that turbocharges how 125+ payment gateways process credit cards and ACH. In addition, FroogalPay is middleware that provides software developers a quick and easy way to accept payments from within their application. With a single lightning-fast integration, software developers can access all of our 125+ turbocharged gateways, FroogalPay is headquartered in Chicago with an office in Montreal, Canada. Visit froogalpay.com.

About Global Asset Technology Inc.
Global Asset Technology is developing a user-friendly and compliant platform that allows non-coders to launch and manage sophisticated blockchain applications.  For more information visit our platform site argoblock.com 

About POS Connect Inc.
Toronto based POSconnect develops and supports a number of proprietary integrated payments software and platform solutions, both in North America and globally. POSconnect’s diverse customer base represent a multitude of market segments, from Brick and Mortar to Broker-Dealer, SME’s to multinationals, POSconnect supports streamlined, ubiquitous global payments and fintech related services. Visit POSconnect.com to learn more.

Related Links :

http://loginid.io

PR Newswire

AMN Passes Milestone of 1 Billion Phone Calls Per Year

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LONDON, July 10, 2020 — Africa Mobile Networks (AMN) is pleased to announce that it now processes more than 1 billion phone calls annually for subscribers in previously unconnected rural areas in Sub-Saharan Africa.

AMN 20m tower in DRC
AMN 20m tower in DRC

In June 2020, AMN processed 91,623,222 voice calls, representing an annualised rate of 1.1 billion calls per annum, plus also nearly 6 terabytes (6,000 GB) of data. These services are provided to rural users in Sub-Saharan Africa who previously were mostly unconnected before AMN’s investment in the mobile network infrastructure. AMN now owns and operates approximately 1,200 base stations serving a population of 4 million people in 8 countries: Nigeria, DRC, Cameroon, Guinea, Zambia, Bissau, Liberia and Congo. The 2G/3G/4G mobile network services are provided by AMN on behalf of tier-1 licensed mobile network operators in each country.

AMN is installing new base stations at a rate of about 200 per month and by the end of 2020 will have nearly 2,000 base stations. AMN ultimately aims to deliver mobile network services to over 60 million people in up to 30 countries with more than 20,000 base stations. AMN’s solutions are 100% ubiquitous, without restrictions due to power or backhaul connectivity, and can be deployed at any location throughout the continent with no exceptions.

AMN’s success has been built on ultra-low capex and opex solutions, and an innovative, fully-turnkey Network-as-a-Service (NaaS) commercial model, which enables AMN to deliver mobile network services economically to smaller communities than has ever been possible before. AMN is now able to serve communities as small as 500 people with long-term economic sustainability. All of the major pan-African tier-1 operators partner with AMN to extend their network coverage deep into rural Africa. AMN offers the turnkey NaaS model with both revenue-share and opex commercial models for the operator, where revenue-share means no opex risk as well as no capex investment for the operator and the opex model enables sites to be built at any location specified by the operator.

About AMN

Africa Mobile Networks, established in 2013, is headquartered in the UK with subsidiary operating companies in 10 countries in Sub-Saharan Africa. AMN’s vision is for no community of any size in Africa to be without affordable access to essential voice and data telecommunication services. AMN’s mission is to build more than 20,000 mobile network base stations, delivering 2G, 3G and 4G (and later 5G) telecom services to previously-unconnected communities. AMN is backed by Intelsat, operator of the world’s largest integrated satellite and terrestrial network, as an investor, shareholder and provider of access to high-quality and high-throughput satellite capacity across Africa. AMN enjoys a strong partnership with a global internet giant to accelerate the inclusion of 3G/4G services to provide rural users with access to the same information and social media applications enjoyed by the rest of the world.

Photo – https://techent.tv/wp-content/uploads/2020/07/amn-passes-milestone-of-1-billion-phone-calls-per-year-2.jpg
Photo – https://techent.tv/wp-content/uploads/2020/07/amn-passes-milestone-of-1-billion-phone-calls-per-year.jpg

AMN 12m tower in Zambia
AMN 12m tower in Zambia

Related Links :

http://www.africamobilenetworks.com

PR Newswire

haiwainet.cn: Transactions hit $166 million at the 2020 China Guiyang Fair

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GUIYANG, China, July 10, 2020 — Recently, the three-day 2020 Guiyang Import and Export Online Fair has drawn big audience and revenues. Buyers from more than 40 countries and regions, 4,763 enterprises and over 20,000 pieces of global commodities have conducted negotiations and transactions in Guiyang through the Internet platform. The total online and offline transaction volume reached 166 million US dollars.

The Opening Ceremony of 2020 Guiyang Import and Export Online Fair (By Xiongzeng Zheng)
The Opening Ceremony of 2020 Guiyang Import and Export Online Fair (By Xiongzeng Zheng)

Located in southwestern China, Guiyang is the capital of Guizhou Province and has won the title of "China’s Benchmark City in international Business Environment." It is an important transportation and communication hub, industrial base and trade and tourism service center in southwestern China, as well as a national big data industry development cluster.

With a population of nearly 5 million, Guiyang’s per capita GDP reached $12,000 in 2019, higher than the Chinese average. Trade officials, ambassadors, business representatives and well-known experts from Asia, Europe, North America, Africa, Oceania have actively participated in the Fair and carried out cloud dialogues. A short video introducing the Fair has been popular on YouTube, where it has been viewed more than 700,000 times.

According to the organizer, the results of the first fair show that Guiyang is a city of opportunities for investment and trade. In the future, Guiyang will further promote high-quality development and high-level opening-up, and welcome friends from all over the world to invest and start businesses.

Photo – https://photos.prnasia.com/prnh/20200710/2854655-1?lang=0

PR Newswire

36Kr launched the “8-minute Conference” to help entrepreneurs connect with partners

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BEIJING, July 10, 2020 — In April 2020, in order to help entrepreneurs effectively connect with investors and potential partners through online communication platform, 36Kr, a NASDAQ-listed company with the ticker of KRKR, launched the “8-minute Conference”. The 8-minute Conference invites entrepreneurs to focus on introducing their new projects and new products in 8 minutes based on a one-page plan. Potential partners can also communicate with the entrepreneurs online synchronously to achieve more follow-up cooperation.

The project introduction time is limited to 8 minutes, hoping that entrepreneurs will show the core highlights of the project. The 8-minute Conference process includes 15-minute theme share by industry experts, 3-minutes project description and 5-minute online interaction with investors or partners, 7-minute dialogue with 36Kr’s senior analysts to discuss the key issues in depth.

8-minute Conference has helped 40 outstanding entrepreneurs publish their new projects through live broadcasts, which has attracted the attention of more than 600,000 people in 2 months. More than 1,000 investors have visited the 8-minute Conference live broadcast room to watch the project release. On average, an independent project can get about 35 accurate dockings.

Founded in 2010, 36Kr is a pioneering and well-recognized brand in New Economy service field in China. Bolstered by the premium content and resources, 36Kr has expanded its types of business to online advertising services, enterprise value-added services, as well as subscription services. Enterprise value-added services business has become the fastest-growing and most promising segment in recent years. In the fiscal year 2019, the revenue of 36Kr’s Enterprise value-added services increased by 218.7% year-on-year to RMB320 million (US$45.9 million), which accounted for 48.8% of the total revenue, as the most significant contributor.

On May 6, 2020, 36Kr announced that the board of directors of the Company approved a share repurchase program, under which 36Kr is authorized to repurchase up to a total of 1,000,000 of its ADSs, each representing 25 Class A Ordinary Shares. The boutique Investment Bank Needham recently remained its Buy rating of 36Kr, with a target price of $8/ADS.

PR Newswire

ZhongAn Successfully Priced Inaugural US$600 million 5-year Senior Unsecured Notes Issue

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Received a Baa1 IFSR Rating of the Company and Baa2 Rating of the Senior Notes with Oversubscription Exceeding 6 Times at Orderbook Peak

HONG KONG, July 10, 2020 — ZhongAn Online P & C Insurance Co., Ltd. ("ZhongAn Online" or "ZhongAn" or the "Company", HKEx: 6060), a leading online InsureTech company in China, today announced the successful pricing of its US$600 million 5-year 3.125% senior unsecured notes (the "Notes") on July 9, 2020, which are expected to be listed on the Hong Kong Stock Exchange. The Joint Global Coordinators and Joint Bookrunners of this issuance are J.P. Morgan, Credit Suisse, China International Capital Corporation and Morgan Stanley.

This marks ZhongAn’s inaugural public bond issuance in the offshore capital markets. Moody’s Investors Service, a leading international credit rating agency, has assigned a Baa1 insurance financial strength rating (IFSR) to the Company with Stable outlook, and a Baa2 rating to the Notes. Moody’s noted in its rating report that, ZhongAn’s Baa1 IFSR reflects its market presence as the leader in China’s online insurance sector, its strong capitalization, improved product diversification, and low high-risk asset leverage. With stable outlook, Moody’s expects that ZhongAn will continue to maintain strong capitalization and gradually improve its underwriting profitability. Such rating of the Notes does not constitute a recommendation to buy, sell or hold the Notes, does not address the likelihood or timing of prepayment and may be subject to revision, qualification, suspension or withdrawal at any time by Moody’s.

The issuance garnered significant interest from international investors. With an oversubscription exceeding 6 times at orderbook peak, the final price was 285 basis points above the on-the-run 5-year U.S. Treasury bond, tightening by 45 basis points from initial price guidance. In addition, the financing scale of US$600 million is the largest debut USD bond offering by Asian corporates in 2020YTD, and also ranks No. 1 in global InsureTech debt financing. This demonstrates the confidence the capital markets investors have in ZhongAn’s competitive strengths, business model and growth prospects.

Net proceeds from the issuance is intended to be used by the Company for working capital and general corporate purposes. In embracing the "Insurance + Technology" dual engine strategy, ZhongAn will continue to explore numerous application scenarios and capitalize on the vast growth potential of the InsureTech market. Throughout the COVID-19 epidemic, insurance technology has played a significant role in the digital transformation of health insurance and the entire insurance industry. This trend is in line with ZhongAn’s plans for strategic development. Recently, ZhongAn announced a positive profit alert and expected net profit attributable to owners of the Company of the first half of 2020 (the "Period") to increase by no less than 100%. During the Period, the Company’s gross written premiums increased steadily and combined ratio further improved, thus narrowing underwriting loss. This demonstrates the great efforts of the Company to further improve its financial performance.

With the issue of the Notes, ZhongAn believes it will better finance its business development initiatives, while optimizing its capital structure and enhancing international credibility. ZhongAn also believes that its access to diversified financing channels in the future will help sustain the Company’s stable and long-term growth. In addition, the Company believes that the successful notes issue is a positive sign for ZhongAn to strengthen its brand recognition and further expand its international footprint.

About ZhongAn Online P&C Insurance Co., Ltd (HKEx: 6060)

ZhongAn Online P & C Insurance Co., Ltd. ("ZA Online" or "the Company") is a leading InsureTech company in China. Incorporated on 9 October 2013, the Company primarily offers insurance products and solutions in the context of five major ecosystems: health ecosystem, lifestyle consumption ecosystem, consumer finance ecosystem, auto ecosystem, and travel ecosystem. ZA Online has proved and enhanced its technology strength through the operations of its insurance business and exports its advanced experience and technologies to domestic and overseas clients. On 28 September 2017, ZA Online became the first Fintech company to be listed on the HKEX (Stock Code: 6060) and from 2018 onwards, the Company started to explore international business development, cooperation and investment opportunities in relation to Fintech and InsureTech businesses in overseas markets.

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Shirley Chan
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