Tag Archives: ITE

Sogou Unveils Upgrades to its AI-Driven Multilingual Mobile Keyboard

BEIJING, April 29, 2020 /PRNewswire/ — Sogou Inc. (NYSE: SOGO) (“Sogou” or “the Company”), an innovator in search and a leader in China’s internet industry, released its Sogou Mobile Keyboard 10.8, the latest version of the Sogou Mobile Keyboard. Powered by Sogou’s leading AI technologies, the latest upgrade features new multilingual voice-based transcription and translation services, supports language input in four more languages, and offers improved accuracy rates for voice inputs.

As the most popular Chinese-language mobile input app by number of monthly active users, the Sogou Mobile Keyboard makes communication easier and more efficient for millions of individuals. By enhancing the user experience and enabling people to communicate smoothly across multiple languages, the Sogou Mobile Keyboard continues to break down language barriers.

Multilingual Translation and Transcription

The Sogou Mobile Keyboard 10.8 now supports voice-based translation between Chinese and seven foreign languages, including English, French, Spanish, Russian, German, Japanese, and Korean. It also provides voice transcription services for nine foreign languages and ten Chinese dialects with an 85% accuracy rate.   

Voice-based translation in real-time
Voice-based translation in real-time

Supports Language Input in Eight Languages

The latest version also supports language input in Spanish, Russian, Arabic, and French, building on the existing keyboards in Chinese, English, Japanese and Korean. Users can easily communicate in multiple languages without switching between different input methods.

Further, to help users communicate more eloquently, the English keyboard comes with a thesaurus that provides a large collection of synonyms for over 4,000 commonly used words. Users simply tap a word and its synonyms pop up.

Enhanced Voice Input Experience

The Sogou Mobile Keyboard 10.8 also features an upgraded voice input system, with the voice recognition accuracy rate for speech entered from a distance increasing by 30% and by 20% for speech in Mandarin, compared with the previous version. Further, when pronunciation is unclear or inaudible, the smart keyboard recommends possible words for users to choose from. 

In addition, the revamped Sogou Mobile Keyboard provides a full suite of features to enrich user interactions and offer a more personalized experience, including sentence correction, text prediction, and smart recommendations.

With the latest upgrades to the Sogou Mobile Keyboard,  Sogou showcases its continued commitment to making communication easier for millions of users at home and abroad by leveraging its AI capabilities in voice, image, natural language processing, and machine learning.

Safe Harbor Statement

This announcement contains forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates, and projections, which involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, intense competition in the market for search and search-related services; our need to continually innovate and adapt in order to grow our business; our reliance on Tencent platforms for a significant portion of our user traffic; and uncertainty regarding the extent and reach of PRC governmental regulation of sponsored search. Further information regarding these and other risks is included in Sogou’s Annual Report on Form 20-F for the year ended December 31, 2019 filed with the Securities and Exchange Commission on April 21, 2020, and other documents Sogou files with or submits to the Securities and Exchange Commission.

About Sogou

Sogou Inc. (NYSE: SOGO) is an innovator in search and a leader in China’s internet industry. With a mission to make it easy to communicate and get information, Sogou has grown to become the second-largest search engine by mobile queries and the fourth largest internet company by MAU in China. Sogou has a wide range of innovative products and services, including the Sogou Input Method, which is the largest Chinese language input software for both mobile and PC. Sogou is also at the forefront of AI development and has made significant breakthroughs in voice and image technologies, machine translation, and Q&A, which have been successfully integrated into our products and services.

For media enquiries, please contact:

Yadan Ouyang
Brunswick Group
Tel: +86 10 5960-8600
Email: sogou@brunswickgroup.com

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Source: Sogou Inc.

Airwallex Bolsters Leadership Team with Global Brand Veteran

HONG KONG, April 29, 2020 /PRNewswire/ — Global fintech leader Airwallex today announced that Susan Ho has joined its team as SVP Brand, Communications and Partnerships to drive the group’s efforts to build a world-class brand and reputation, strengthen strategic partnerships and expand its global business.

Ho’s appointment follows Airwallex’s recent announcement about its record US$160million Series D fundraising to accelerate worldwide growth plans through customer acquisition and licensing, further product development and acquisitions to fast-track offerings.

Jack Zhang, CEO and Co-founder of Airwallex, reiterated, “The world is becoming increasingly digital and current conditions demand that global businesses reassess how they operate, particularly with regards to the kinds of financial services solutions they use.”

“Susan’s appointment signals our ambition to strengthen the Airwallex brand and position ourselves to be the preferred financial services platform for clients today and businesses of the future.” Zhang said.

Ho added, “Anyone interested in operating their business better and more efficiently should consider Airwallex. What attracted me to Airwallex was the strength of its products and technology infrastructure, and calibre of the people. I am excited to be part of a team who continues to revolutionise how businesses will use financial services.”

Ho was formerly Head of Brunswick’s Hong Kong office where she was instrumental in building a premium reputation for the corporate advisory firm amongst its clients and staff. Prior to that, Ho came from a long career in Standard Chartered Bank, working in its corporate and retail banking business and leaving a legacy of the bank’s brand promise “Here for good” and its Liverpool FC sponsorship. Ho is Malaysian-Chinese and currently serves as Governor at Maggie’s Cancer Centre and Board Director of AFS Hong Kong Cultural Exchange.

Airwallex also recently expanded Kai Wu’s role to Greater China CEO on top of his CFO responsibilities, in a progression of steps to strengthen its management bench. This follows another recent high-profile appointment, Jeanette Chan, one of Asia Pacific’s most reputed legal advisors, as Chief Compliance Officer and General Counsel. 

NOTES TO MEDIA

For further information
You can access images of Susan Ho, Kai Wu and Jeanette Chan here. If you have any questions or would like to request further information, please contact Kristen Wang, Airwallex at kristen.wang@airwallex.com

About Airwallex

Airwallex was founded in Melbourne, Australia in 2015 with a simple goal – to push the boundaries of global financial services capabilities in an increasingly borderless world. Airwallex has since secured over $360 million USD in external funding, supported by top-tier investors including Tencent, Sequoia Capital China, DST Global, Hillhouse Capital, Horizons Ventures, ANZi Ventures, Square Peg Capital, Gobi Partners and Salesforce Ventures. The company’s core strength lies in its proprietary tech-driven infrastructure to enable low-cost, high-speed and transparent international collections and payments (accessible via API), its business account and borderless card which helps businesses grow both domestically and internationally. Airwallex has grown to over 420 employees across 10 international offices (Melbourne, Hong Kong, Shanghai, Shenzhen, Beijing, Singapore, London, San Francisco, Tokyo and Bangalore). www.airwallex.com 

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Remote Work Trend Boosts Global Demand for Network Access Control Solutions

The global NAC market is estimated to reach $2.21 billion by 2024, finds Frost & Sullivan

SANTA CLARA, California, April 28, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Global Network Access Control Market, Forecast to 2024, finds that the proliferation of the Internet of Things (IoT), the convergence of information technology (IT) and operation technology (OT), and customers’ migration to the cloud at a faster pace are rapidly driving the NAC market. The sector is estimated to increase by two-thirds, reaching $2.21 billion by 2024 from $1.35 billion in 2019, at a compound annual growth rate (CAGR) of 10.4%. With 60.2% market share, North America will continue to be the largest market for NAC until 2024; APAC is the fastest-growing region and its share of the global NAC market is estimated to increase from 9.9% in 2019 to 11.9% in 2024. The COVID-19 pandemic will cause a severe slowdown in 2020. Thereafter, the NAC market is expected to regain annual double-digit growth rates as organizations settle into a “new normal.”

Remote Work Trend Boosts Global Demand for Network Access Control Solutions
Remote Work Trend Boosts Global Demand for Network Access Control Solutions

For further information on this analysis, please visit: http://frost.ly/42z

“Security vendors are working closely with their customers in order to support them in this unprecedented transition to work from home (WFH). They are focused on ensuring their clients’ business continuity, and the pandemic has underlined the value of cloud services in delivering and deploying security solutions to remote devices,” said Tony Massimini, Senior Industry Analyst at Frost & Sullivan. “However, the cloud environment needs security as well. Having a remote workforce highlights the need to leverage NAC. Large cybersecurity vendors with broad product portfolios will want to add this solution as well.”

Vendors should continue to innovate cloud security, work closely with AWS, Azure, Google Cloud, and other tech vendors, and focus on virtual appliances and NAC as Software-as-a-Service (SaaS). Additionally, NAC is adapting to a more mobile environment as enterprises expand beyond the traditional secure walls.  

The complexity of 802.1X deployment (one of the best methods for authentication), surging diversity of IoT devices, and increasing NAC solution costs for large enterprises are likely to hinder the market. NAC vendors’ move to work beyond the traditional IT perimeter and innovation in other technologies will boost growth opportunities via:

  • Incorporating NAC into OT to improve security tools for better coordination and to leverage IoT technology.
  • Focusing on virtual appliances and SaaS for customers’ quick migration to public and private clouds.
  • Instrumentalizing the concept of zero trust networking (ZTN)—the never trust, always verify principle—so security vendors, including NAC, can promote their capabilities via integration of their product portfolios.
  • Capitalizing on use cases of IoT, BYOD, and mobility, which are increasing at a significant rate. Most IoT devices do not have the resources to handle an agent, so agentless technology is required.

Global Network Access Control Market, Forecast to 2024 is the latest addition to Frost & Sullivan’s Information and Communications Technology research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan
For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Global Network Access Control Market, Forecast to 2024

K45F

Contact:
Mariana Fernandez
Corporate Communications
T: +1 (210) 348.1012
E: mariana.fernandez@frost.com

http://ww2.frost.com

Shouqi Limousine & Chauffeur cooperates with Alibaba Cloud, leveraging innovation advantages to build a new industry ecosystem of 5G Internet of Vehicles

BEIJING, April 28, 2020 /PRNewswire/ — The Intelligent "Internet of Everything" (IoE) will become a reality in the 5G era, and "edge computing" is a key technology in the 5G era that will become one of the indispensable infrastructures of the digital universe. Edge computing exploits the advantages of 5G and is the next market opportunity beyond connectivity for the digital transformation of industry and enterprise.

A cooperative pilot project between Shouqi Limousine & Chauffeur and Alibaba Cloud has been initiated to explore 5G, edge computing for online ride-hailing mobile services. To lead the new era of intelligent transportation the project will jointly explore the application and expansion of edge computing in transportation under 5G and together promote the development and upgrade of the public transport industry.

Shouqi Limousine & Chauffeur teams up with Alibaba Cloud, leveraging innovation advantages to build a new industry ecosystem of 5G Internet of Vehicles
Shouqi Limousine & Chauffeur teams up with Alibaba Cloud, leveraging innovation advantages to build a new industry ecosystem of 5G Internet of Vehicles

Greatly improving the performance with low latency for a more enhanced passenger experience

5G connectivity features high speed, low latency and high capacity. The network speed of 5G is significantly greater than that of 4G, up to 10 times faster; the latency of 5G has reduced to milliseconds, one tenth that of 4G; the capacity of 5G Internet connection is remarkably higher. The cooperation between Shouqi Limousine & Chauffeur and Alibaba Cloud will better promote the further development of Shouqi Limousine & Chauffeur in Internet of Vehicles projects and to realize the innovation of 5G application modes.

With the application of 5G edge computing for integrated solutions, the entire driving communication interaction process of Shouqi Limousine & Chauffeur — namely the perception, transmission, handling, and response of road traffic condition during the driving process —  will be transferred to Alibaba Cloud’s Edge Node Service (ENS) for processing. Under ENS the communication response speed is reduced to milliseconds, benefiting the "car intelligent" (CI) system assisting drivers to rapidly identify road situation for timely and correct decisions. The realization of intelligent driving assistance and intelligent safety management is advantageous to Shouqi Limousine & Chauffeur for meeting the real-time demand of perception analysis to feedback decisions in driving scenarios. CI integrated hardware will work in conjunction with 5G edge computing to further enable the upgrading of speech interaction and intelligent entertainment functions to comprehensively improve passenger experience.

Truly promoting the transformation of the information industry

The Internet of Vehicles that requires low latency and highly reliable connectivity will take the lead in applying 5G consumer technology. Furthermore 5G-based edge computing can shorten the communication distance between the terminal and the server. In the near future more data will be directly analyzed and processed outside the server on the terminal side with edge computing. Transition of the data center suggests that great changes will take place in IT infrastructure. The 5G-based edge computing of Shouqi Limousine & Chauffeur and Alibaba Cloud can truly achieve the transformation of the information industry by leading the way to technological changes, market changes and information industrialization to ultimately realize the distributed deployment and processing of business.

As a pioneering online ride-hailing platform in China, Shouqi Limousine & Chauffeur takes the lead in quality service, Internet of Vehicles applications and intelligent transportation construction for the whole industry. Shouqi Limousine & Chauffeur reached a strategic cooperation with Baidu in 2017 to focus on promoting the commercial operation of autonomous driving cars and the Internet of Vehicles. Shouqi Limousine & Chauffeur CI is the first vehicle intelligent hardware system launched by Apollo Duer OS Vehicle System under Baidu-Apollo Internet of Vehicles (IoV). It is the first application of AI and speech interaction technology for the online ride-hailing industry. Shouqi Limousine & Chauffeur has also cooperated with Carnet Cloud to jointly develop equipment and high standard safety solutions for the Internet of Vehicles. Together we aim to ensure the safety of both passengers and drivers with the creation and launch of the first system of "snatching orders just by waving your hands" function in the industry, by developing the functions of facial masks intelligent identification, and so on.

The public transport industry will progress toward a more intelligent orientation, with technology serving as the primary driving force. Over the past few years, Shouqi Limousine & Chauffeur has become a pioneering company in testing and applying new technologies, and its intelligent ecosystem has also benefited from its innovative and inclusive mindset. In terms of transportation, 5G technology and edge computing will promote an intelligent collaboration among more traffic participants. In cooperation with such companies such as Alibaba Cloud, Baidu and Carnet Cloud, Shouqi Limousine & Chauffeur has been enhancing its technical leadership and innovation capacity, and adopting pioneering technologies to make future travel securer, more efficient and smarter. Shouqi Limousine & Chauffeur aims to promote the development and transformation of the entire industrial ecology, and lead the development of intelligent transportation.

China Finance Online Announces Extension for Reporting Fourth Quarter and Full Year 2019 Financial Results

BEIJING, April 28, 2020 /PRNewswire/ — China Finance Online Co. Limited ( the “China Finance Online”, or the “Company”, “we”, “us” or “our”) (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese retail investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers, announced today that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2019 no later than May 29, 2020.

Due to social distancing, travel bans and quarantines in China implemented in response to the coronavirus disease 2019 (“Covid-19”) pandemic, access to JRJC office has been limited. These actions have substantially impeded the Company’s professional staffs and advisors from completing the preparation of the Company’s consolidated financial statements and to provide investors with timely information as well as to comply with filing obligations with the Securities and Exchange Commission.

The Company also announces that it will be relying on the order issued by the Securities and Exchange Commission (Release No. 34-88465) to delay the filing of its Annual Report on Form 20-F for the year ended December 31, 2019 (the “Annual Report”) due to circumstances related to COVID-19. The explanation for the delay in filing the Annual Report is outlined in a Report on Form 6-K furnished today by the Company. The Company expects to file the Annual Report no later than May 29, 2020.

About China Finance Online

China Finance Online Co. Limited is a leading web-based financial services company that provides Chinese retail investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers. The Company’s prominent flagship portal site, www.jrj.com, is ranked among the top financial websites in China. In addition to the web-based securities trading platform, the Company offers basic financial software, information services and securities investment advisory services to retail investors in China. Through its subsidiary, Shenzhen Genius Information Technology Co. Ltd., the Company provides financial database and analytics to institutional customers including domestic financial, research, academic and regulatory institutions. China Finance Online also provides brokerage services in Hong Kong.

Safe Harbor Statement

This press release contains forward-looking statements which constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. The statements contained herein reflect management’s current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results to differ materially from those in the forward-looking statements, all of which are difficult to predict and many of which are beyond the control of the Company. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, this release contains the following forward-looking statements regarding:

  • our prospect and our ability to attract new users;
  • our prospect on building a comprehensive wealth management ecosystem through providing a fully-integrated online communication and securities-trading platform;
  • our prospect on stabilization in cash attrition and improvement of our financial position;
  • our initiatives to address customers’ demand for intuitive online investment platforms and alternative investment opportunities; and
  • the market prospect of the business of securities-trading, securities investment advisory and wealth management.

Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, which risk factors and uncertainties include, amongst others, the outbreak of COVID-19 or other health epidemics in China or globally, changing customer needs, regulatory environment and market conditions; the uncertain condition of the world and Chinese economies that could lead to volatility in the equity markets and affect our operating results in the coming quarters; the impact of the changing conditions of the mainland Chinese stock market, Hong Kong stock market and global financial markets on our future performance; the unpredictability of our strategic transformation and growth of new businesses; the prospect of our margin-related business and the degree to which our implementation of margin account screening and ongoing monitoring will yield successful outcomes; the degree to which our strategic collaborations with partners will yield successful outcomes; the prospects for China’s high-net-worth and middle-class households; the prospects of equipping our customer specialists with new technology, tools and financial knowledge; wavering investor confidence that could impact our business; and possible non-cash goodwill, intangible assets and investment impairments may adversely affect our net income. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

For more information, please contact:

China Finance Online
+86-10-8336-3100
ir@jrj.com

Kevin Theiss
Awaken Advisors
(212) 521-4050
kevin@awakenlab.com

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Source: China Finance Online Co., Ltd.

FORTINET: Protecting Remote Workforce and Distributed Network

SINGAPORE, April 28, 2020 /PRNewswire/ — Organizations around the world are engaged in one of the most rapid network transformation exercises in history. In Singapore and across the region, thousands of workers are now working from home, small branch offices, or in modified shifts to ensure their health and safety while ensuring business continuity.

Fortinet’s Mr Peerapong Jongvibool, Regional Senior Director of South East Asia and Hong Kong
Fortinet’s Mr Peerapong Jongvibool, Regional Senior Director of South East Asia and Hong Kong

A teleworker program requires careful handling to safeguard  infrastructure and accommodate new network demands, whilst coping with the sudden surge of endpoints across multiple environments. Once an organization’s basic teleworker solution is in place, consider enhancing it with additional tools to provide extra security and simplification.

Security is critical now more than ever because cybercriminals are likely to target organizations that have made a sudden transition to a mobile worker framework. Fortinet’s threat intelligence unit has tracked an increase in malicious activity related to the novel coronavirus. Unfortunately, FortiGuard Labs researchers found that cybercriminals are using the COVID-19 pandemic as an opportunity to try and steal money and personal information by generating social engineering scams via email, text, and phone calls. 

Over the past few weeks, there has been an increase in attempts to lure unsuspecting victims into going to malicious sites, clicking on malicious links, or providing personal information over the phone under the auspices of COVID-19. Many of these scams attempt to impersonate legitimate organizations, such as the Ministry of Health (MOH) or the World Health Organization, by offering fake information updates and even promises of access to vaccines – all for a price, of course.

One way to strengthen security is educate employees to heighten security awareness as the workforce moves to a more autonomous and exposed remote environment. While businesses can compensate for many of the new risks that new technologies pose to the organization (such as updating or upgrading secure email gateway and web filtering solutions), it is also essential that leaders understand that these workers have become, in many ways, both the most vulnerable targets as well as the front line for defending the network.

Fortinet’s threat intelligence shows that anyone can be a target to obtain access to business networks and sensitive information. For employees now connecting to the office through home networks, even children are potential targets. Beware. Cybercriminals are experts in the art of masquerading, manipulating, influencing, and devising lures to trick targets into divulging sensitive data, and/or giving them access to home and business networks and/or facilities.

There is already a global shortage of 4 million cybersecurity professionals according to a study conducted by (ISC2). This problem is exacerbated with the recent mass migration to ‘work-from-home’ environments that put even more pressure on infrastructure teams to balance performance and security. Another way to strengthen security is to use artificial intelligence (AI) and automation as part of the threat protection strategy.

Over 440,000 organizations that deploy Fortinet solutions already enjoy advanced threat protection using AI. Fortinet devices are linked by the Fortinet Security Fabric platform that takes advantage of a common Fortinet operating system and an open application programming interface (API) environment to create a broad, integrated, and automated security architecture.

When managing a remote and distributed workforce, centralized security visibility and management are essential. It is important that support for telecommuting does not jeopardize an organization’s cybersecurity. This is where automated security comes in to alleviate the manpower crunch. With the Fortinet Security Fabric, all of an organization’s devices, including those deployed remotely to support telework, can be monitored and managed from a single pane of glass.

Fortinet solutions offer an integrated solution to support telework. For organizations using Fortinet, their existing technology deployment already contains this functionality. FortiGate next-generation firewalls (NGFWs) have integrated support for IPsec VPNs, enabling remote workers to connect securely to the company network.

Additional measures that companies should take as more work is done remotely:

  • Confirm the VPN capabilities/utilization and determine if they are adequate
  • Require the use of multi-factor authentication
  • Log and monitor everything and pay attention to anomalous behaviour
  • Monitor the final disposition of data accessed by privileged access users
  • Monitor the key applications and dependencies for anomalous behavior

Deploying large-scale VPN solutions for remote users is a thoughtful process. Beyond enabling simple access, things such as segmenting users based on role, security profile, and the content and resources they require are first-order tasks. Teams also need to identify users that require special access to resources.

Risk management and resiliency require careful planning, combined with an experienced team trained to deal with critical situations in flux. It is essential that teams keep their heads, understand their objectives, and execute strategies with a common goal in mind – maintaining operational consistency, including ensuring that the organization does not compromise on security for the sake of expediency.

People have all been practicing social distancing over the last few weeks to protect against viruses and illness. Likewise, companies should consider cyber distancing from the attackers. Maintain cyber distance by staying wary of suspicious requests, unknown attempts at contact, and unsolicited information and be the protector of information, networks, and health.

About Fortinet

Fortinet (NASDAQ: FTNT) secures the largest enterprise, service provider, and government organizations around the world. Fortinet empowers our customers with complete visibility and control across the expanding attack surface and the power to take on ever-increasing performance requirements today and into the future. Only the Fortinet Security Fabric platform can address the most critical security challenges and protect data across the entire digital infrastructure, whether in networked, application, multi-cloud or edge environments. Fortinet ranks in the most security appliances shipped worldwide and more than 440,000 customers trust Fortinet to protect their businesses. Both a technology company and a learning company, the Fortinet Network Security Expert (NSE) Institute has one of the largest and broadest cybersecurity training programs in the industry. Learn more at http://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs.    

FTNT-O

Copyright © 2020 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, FortiGate, FortiGuard, FortiCare, FortiManager, FortiAnalyzer, FortiOS, FortiADC, FortiAP, FortiAppMonitor, FortiASIC, FortiAuthenticator, FortiBridge, FortiCache, FortiCamera, FortiCASB, FortiClient, FortiCloud, FortiConnect, FortiController, FortiConverter, FortiDB, FortiDDoS, FortiExplorer, FortiExtender, FortiFone, FortiCarrier, FortiHypervisor, FortiInsight, FortiIsolator, FortiMail, FortiMonitor, FortiNAC, FortiPlanner, FortiPortal, FortiPresence , FortiProxy, FortiRecorder, FortiSandbox, FortiSIEM, FortiSwitch, FortiTester, FortiToken, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLCOS and FortiWLM.

Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments. This news release may contain forward-looking statements that involve uncertainties and assumptions, such as statements regarding technology releases among others. Changes of circumstances, product release delays, or other risks as stated in our filings with the Securities and Exchange Commission, located at www.sec.gov, may cause results to differ materially from those expressed or implied in this press release. If the uncertainties materialize or the assumptions prove incorrect, results may differ materially from those expressed or implied by such.

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CouponBirds Seedling Project Made Great Progress

BEIJING, April 28, 2020 /PRNewswire/ — CouponBirds Seedling Project achieved impressive progress in April, 2020. Over twenty non-profit organizations joined the platform and raised more than $1,000 funds. During this time of uncertainty, The Seedling Project made the fundraising work more manageable for non-profit organizations.

CouponBirds Seedling Project

The mission of CouponBirds Seedling Project is to build a peer-to-peer fundraising platform, encouraging online shoppers to earn cash, donate to nonprofit organizations and support charity work in this difficult time. There are over 3 million shoppers visiting and using CouponBirds to shop and save every month and almost all the brands that shoppers are looking for could be found on CouponBirds. Shoppers earn cash by making purchases and donate part of their earnings to charity organizations.

CouponBirds provided scholarships to fund college students every year in the past. Growing to be a leading savings platform, CouponBirds always does the best to take social responsibilities. The Seedling Project initiation is an effective way to aggregate and amplify the power of a million-user community and give back the best.

How’s The Project Going

The team outreached hundreds of non-profit organizations in the first month, notified them of the event and guided those who were interested to get verified and join in the platform. The team set up the whole application, verification and management process online. Non-profit partners could use CouponBirds charity portal to finish all the preparations and watch the donations they receive from CouponBirds shoppers.

Although the whole economy is slowing down and most charities are working from time to time due to the spread of COVID-19 pandemic, The Seedling Project has welcomed more than twenty certified non-profit organizations joining in and started to raise funds from the platform. Organizations like Arise Children’s Fund, Louisiana Alliance of Children’s Advocacy Centers and Kids Saving the Rainforest have received more than $100 donations in this month.

The Prospects

CouponBirds supports a limited number of non-profit organizations, creating and leading active community engagements for the charity cause. With a small amount of funds raised every month for every non-profit organization, It hopes that every CouponBirds shopper could realize that each of them could do something, even give $1 to the vulnerable and disadvantaged groups and that $1 means much to them, that CouponBirds is doing what they can to help more people and give back to the society.

The project is still open to apply, qualified charity organisations can apply and join to raise funds from CouponBirds Seedling Project.

About CouponBirds

CouponBirds is a leading coupon and deals platform for millions of online shoppers. Customers can easily find their favorite brands such as Amazon, eBay, Best Buy on CouponBirds. To learn more, visit https://www.couponbirds.com/us/about-us or follow @couponbirdscom on social media.

https://www.couponbirds.com/

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Mindtree Closed FY20 With Highest Ever Deal Wins of $1.2B and Revenue Growth of 9.4% in CC Terms

WARREN, New Jersey and BANGALORE, India, April 24, 2020 /PRNewswire/ — Mindtree, a global technology services and Digital transformation company, guiding its clients to achieve faster business outcomes, announced its consolidated results today for the fourth quarter ended March 31, 2020 as approved by its board of directors.

“Our relentless focus and client-first approach have resulted in robust Q4 performance on multiple dimensions – revenue growth of 1.9% in constant currency, expansion of operating margin by 150 basis points and record deal wins of $393M,” said Debashis Chatterjee, Chief Executive Officer and Managing Director. “Looking ahead to fiscal 2021, we anticipate softness in demand due to the unprecedented COVID-19 pandemic. However, we’re well equipped to handle the global crisis based on the business continuity plan we have successfully implemented to ensure the health and safety of our employees while fully supporting our clients worldwide. We remain confident that we will continue to create value for our clients, drive profitable growth, develop future-ready talent and maximize shareholder value.”

Key financial highlights:

Quarter ended March 31, 2020

  • In USD:
    • Revenue at $278.4 million (growth of 1.2% q-o-q / 6.3% y-o-y)
    • Net profit at $28.2 million (growth of 1.8% q-o-q/ on y-o-y basis flat)
  • In INR:
    • Revenue at ₹20,505 million (growth of 4.3% q-o-q / 11.5% y-o-y)
    • Net profit at ₹2,062 million (growth of 4.7% q-o-q / 3.9% y-o-y)

Year ended March 31, 2020

  • In USD terms:
    • Revenue at $1088.8 million (growth of 8.7%)
    • Net profit at $88.5 million (decline of 17.7%)
  • In Rupee terms:
    • Revenue at ₹ 77,643 million (growth of 10.6%)
    • Net profit at ₹ 6,309 million (decline of 16.3%)

Other highlights:

  • Clients:
    • 307 active clients as of March 31, 2020
    • $10 million clients grew by 1, total 23
  • People:
    • 21,991 Mindtree Minds as of March 31, 2020
    • Trailing 12 months attrition is 17.4%
  • BOTs*:
    • Automation is playing a significant role in modernizing our technology service delivery, enhancing both efficiency and speed-to-results for our clients. We are proud to report our BOTs strength that autonomously work along-side our Mindtree Minds, enabling our team to do more and accomplish larger goals
    • We have 764 BOTs employed as of March 31, 2020

*Software that acts autonomously, free from any interference, human or otherwise, to perform a significant task which will otherwise be performed by a human

  • Q4 deal wins with leading global clients:

New Clients:

    • For one of the leading providers of supplemental and life insurance products in North America, Mindtree has been chosen as a strategic partner in a multi-year deal to enhance client experience through digital transformation services for their clients
    • For a travel technology leader, Mindtree has been chosen to manage the outsourced product development covering the large portfolio of airlines, hotels, travel agencies and airports
    • For a leading manufacture in outdoor maintenance and gardening equipment, Mindtree has been awarded a multi-year application development and maintenance services contract as part of the DevOps Transformation Journey. As part of the deal, Mindtree would also help the client to migrate Data Center from a 3rd party provider to client’s own Date Center

Existing Clients:

    • Mindtree won the strategic annuity deal with an existing leading real estate services company to implement end to end digitally enabled technology services and help them embark on digital transformational journey. This deal is strategic not only from a size perspective but also encompasses multi service offerings cutting across IT life cycle. The same was announced as one of our recent press releases 
    • Mindtree to provide application development, testing and support services for a niche technology player that specializes in benefits administration
  • Recognition:
    • Mindtree has been recognized as a Market Leader in Digital Business Solutions in US by Information Services Group (ISG), a leading global technology research and advisory firm.
    • Mindtree has been recognized by ISG as an Archetype Leader in Digital Transformation for capabilities in Continuous Testing, AGILE Development, Digital Business dedication and vision and future investment.
    • Mindtree has been recognized for ‘Excellence in Learning Technology’ and ‘Excellence in Diversity & Inclusion’ by Business World HR excellence awards 2020
  • Announcements
    • The Board of Directors have recommended a final dividend of 100% (Rs 10 per equity share of par value Rs 10 each) for the financial year ended March 31, 2020 which is subject to the approval of shareholders at the Annual General Meeting

About Mindtree

Mindtree (NSE: MINDTREE) is a global technology consulting and services company, helping enterprises marry scale with agility to achieve competitive advantage. “Born digital,” in 1999 and now a Larsen & Toubro Group Company, Mindtree applies its deep domain knowledge to 300+ enterprise client engagements to break down silos, make sense of digital complexity and bring new initiatives to market faster. We enable IT to move at the speed of business, leveraging emerging technologies and the efficiencies of Continuous Delivery to spur business innovation. Operating in more than 15 countries across the world, we’re consistently regarded as one of the best places to work, embodied every day by our winning culture made up of over 21,000 entrepreneurial, collaborative and dedicated “Mindtree Minds.”

To learn more about us, visit www.mindtree.com or follow us @Mindtree_Ltd

Safe harbour

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause our actual results to differ materially from those in such forward-looking statements. The conditions caused by the COVID-19 pandemic could decrease customer’s technology spending,  affecting  demand for our  services, delaying prospective customers’ purchasing decisions, and impacting our ability to provide on-site consulting services; all of which could adversely affect our future revenue, margin and overall financial performance. Our operations may also be negatively affected by a range of external factors related to the COVID-19 pandemic that are not within our control. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

For more information, contact:
INDIA

Tanuja Singh
Mindtree
+91-9741000266
Tanuja.Singh@mindtree.com

UNITED STATES
Erik Arvidson
Matter Communications
+978-518-4542
earvidson@matternow.com

EUROPE                                                                                              
Edward Stevenson
Hotwire
+44-(0)-783-459-7877
Edward.Stevenson@hotwireglobal.com

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TCL Communication Wins both the 2020 IF and Red Dot Design Awards

HONG KONG, April 24, 2020 /PRNewswire/ — TCL Communication is proud to accept the recent recognition from both the 2020 IF Design Award and the 2020 Red Dot Design Award for the TCL Pro 10 Smartphone. The company also was awarded another 2020 Red Dot Design Award for the TCL AC1200 Wifi Router, and a 2020 IF Design Award for the TCL PLEX Smartphone.

TCL 10 Pro and TCL LINKHUB Wi-Fi Router AC1200
TCL 10 Pro and TCL LINKHUB Wi-Fi Router AC1200

These industry awards coincide with their global unveiling of the TCL 10-Series smartphone lineup this month. The awards are from two world-renowned international competitions with over 6,000 entries this year. The criteria are based on a comprehensive evaluation of design, innovativeness, and functionality. As of today, TCL accounts for 13% of the global market and is growing the brand value beyond Asia into North America, European Union, United Kingdom and APAC. TCL is using its reputation as a world-leading TV brand and manufacturer to support their branded smartphone product line. TCL is also excited in creating a vibrant and wide-ranging C-IOT Portfolio of products to support connected home ecosystems. So beyond smartphones, TCL is also offering products such as the 5G CPE Home Station, Mesh Routers, Wi-Fi Routers, and Smart Watches. All of these new products will carry the dependability and reliability that TCL is known for. TCL intends to enter the mid-range market and deliver the best product for the money while ensuring a premium experience for the user.

“As one of the world’s leading consumer electronic brands, expanding the TCL base into the mobile business ensures that we are the only Chinese end-to-end manufacturer that offers a fully integrated smart ecosystem encompassing all aspects of life,” said Kevin Wang, CEO of TCL Industrial Holdings. “This capacity for a single company to produce all the products related to the connected devices from phones to routers will allow for the consumer to have an entire system that is intentionally designed to work seamlessly along with being affordable. This is an exciting and worthwhile venture for both the brand and consumer.”

The strategy of TCL to support the C-IOT fully and offer consumers a complete seamless product line is an efficient endeavor and long overdue for the current state of digital ecosystems. When all the components can be supplied from the same manufacturer and engineering teams, the system will work better. This strategy is meant for both commercial and private usage and supports the networking of both for work and study from home, and leisure activities.

TCL 10 Pro: NXTVISION is the cutting edge offering the first curved AMOLED Display.

The award-winning TCL 10 Pro comes in Ember Gray and Forest Mist Green color options. Featuring a sleek, TCL-made 6.47-inch FHD+ curved AMOLED display, TCL 10 Pro uses a sophisticated curved design boasts perfectly symmetrical details, a matte finish on the back for a smooth in-hand feel and an anti-glare screen with a unified, sleek profile. Its curved design allows the screen to “fall” off the edge with minimal bezels to achieve a high screen-to-body ratio and includes Edge Bar shortcuts to quickly access apps one-handed. An array of quad-cameras lens is embedded in a stylish stripe on the rear of the phone, consisting of a 64MP high-res camera, 2.9μm big pixel low-light video cam, 123-degree super wide-angle camera and macro camera.

By leveraging NXTVISION technology to produce nearly accurate colors and enhanced image and video quality, the TCL 10 Pro joins a select group of smartphones on which Netflix is available in HDR10 unlocking a wide range of HDR content with increased contrast and enhanced colors at an affordable price point. The display has also passed TÜV Rheinland Low Blue Light Certification, which protects the user’s eye from harmful blue light without distorting colors.

TCL LINKHUB Wi-Fi Router AC1200 – The data center of your connected home

The award- winning TCL LINKHUB Wi-Fi Router AC1200 is capable of covering up to 120 square meters and supporting up to 64 devices. Powered by the same MU-MIMO and Beamforming technology, it can communicate with multiple wireless devices simultaneously while ensuring a fast and stable connection for each device.

Moreover, the LINKHUB Wi-Fi Router AC1200 brings incredible and robust Wi-Fi coverage to users’ homes. It comes with 6dBi high-gain antennas that greatly expand the wireless coverage to every corner of large homes or offices. Additionally, the AC1200 dual-band Gigabit Ethernet speeds allow users to enjoy ultra-fast and reliable multiple HD video streaming and lag-free, multi-player gaming with a speed of up to 1200Mbps. There are also four Gigabit Ethernet ports, which allow users to connect wired devices directly for internet access. Simple multiple configuration is available for users to set up and control devices, including Web UI, Dedicated APP and All-in-One APP.

ABOUT TCL

TCL is one of the world’s fastest-growing consumer electronics companies, and a global leading television and mobile device brand. Incorporated in Hong Kong, China. TCL operates its own manufacturing and R&D centers worldwide with products sold in more than 160 countries throughout North America, Latin America, Europe, the Middle East, Africa and Asia Pacific. TCL specializes in the research, development and manufacturing of consumer electronics ranging from TVs (TCL Electronics: 1070.HK), mobile phones, audio devices and smart home products.

TCL is a registered trademark of TCL Technology Group Corporation (000100.SZ). All other trademarks are the property of their respective owners. For more information, please visit http://www.tcl.com/global/en.html.

PRESS CONTACT
yijing.zhao@yyoungpr.com

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‘Study With Australia’ to Open Doors to Education Globally

LONDON and CANBERRA, Australia, April 24, 2020 /PRNewswire/ — The Australian Trade and Investment Commission (Austrade) has partnered with social learning platform, FutureLearn.com, to provide free online courses and help students stay ahead of the learning curve.

The Australian Trade and Investment Commission (Austrade) has partnered with social learning platform, FutureLearn.com to provide free online courses and help students stay ahead of the learning curve.
The Australian Trade and Investment Commission (Austrade) has partnered with social learning platform, FutureLearn.com to provide free online courses and help students stay ahead of the learning curve.

Austrade promotes Australia as a preferred destination and partner for international students through its Study Australia initiative. FutureLearn is jointly owned by Open University UK and the SEEK Group and has 12 million learners globally and almost a quarter of the world’s top universities in its partnership.

Austrade Global Education Lead Rebecca Hall said, “Many students have been impacted by travel restrictions globally. Providing access to high-quality online learning resources from leading Australian education providers is a simple way we can continue to support international students in their education and learning goals during this challenging time.

“While Australian universities have been quick to embrace digital technologies and innovation, recent events have necessitated a rapid transition to online learning and FutureLearn will give our international students a digital pass to online learning.

“This pilot with FutureLearn will enable us to provide free online access to a wide range of courses from leading Australian education institutions, leaving the door to learning open while international travel is restricted,” said Ms Hall.

FutureLearn CEO Simon Nelson said, “FutureLearn is proud to be partnering with Austrade to help shine a spotlight on Australia’s outstanding higher education offering.

“Our mission is to broaden access to education on a global scale. We are already working with a number of Australian higher education partners to do just that through a broad range of high quality courses, degrees and now micro-credentials. Through this partnership with Austrade, we will continue to deliver on our mission.”

The ‘Study with Australia campaign will be available until the end of June, allowing Australian higher education institutions and English language training providers to showcase their online offering across business, digital technologies, STEM, healthcare and teaching courses, to name a few.

All Australian universities are invited to participate in this online learning showcase and are included in an Australian partner directory on FutureLearn.com.

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