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PR Newswire

Blue Hat Partners with Leading Chinese Multi-Channel Network to Build Live Streaming E-commerce Initiative

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XIAMEN, China, June 25, 2020 — Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT), a producer, developer and operator of augmented reality (“AR”) interactive entertainment games, toys and educational materials in China, today announced that it has partnered with Xiamen Xing Meng Wei Lai Culture Media Co. LTD (“Xing Meng Wei Lai“) , a leading Chinese multi-channel network (“MCN”) and internet content development agency, to build Direct-to-Consumer (“DTC”) social content marketing channels via short videos and live streaming. Through the partnership, Blue Hat expects to gradually release its product line on various popular short video and live streaming platforms, including Douyin (TikTok).

In recent years, content-driven e-commerce has been surging in China. Taobao Live, Alibaba Group’s dedicated livestreaming channel, thrived in 2019 with livestreaming-led transactions growing over 150% for three consecutive years. Live streaming has become one of the fastest growing forms of e-commerce in China with over 500 million Chinese users. A study by iiMedia Research shows that the market size of Chinese live streaming e-commerce reached RMB 433.8 billion ($61.5 billion) in 2019, and is projected to double to RMB867,6 billion ($123 billion) in 2020. In the past, the majority of toy product sales came from the offline market. The  COVID-19 pandemic has led to an increase in the amount of time parents and children interact at home on a daily basis. Accordingly, Blue Hat has been taking initiatives to shift its marketing focus to produce more social media and live stream content.

Based on Blue Hat’s product line, application scenarios and interactive features, Xing Meng Wei Lai intends to provide services from conception to execution, including customized planning for live streaming events, design and launch of online stores, and additional content-driven e-commerce promotions.

“Establishing a short video live streaming DTC sales model is a milestone for Blue Hat because it not only serves to increase our brand awareness, but also to broaden our market reach,” commented Mr. Xiaodong Chen, Chief Executive Officer of Blue Hat. “We believe that combining the power of short video live streaming with the reach of standard e-commerce platforms will be an important driver of Blue Hat’s online sales looking forward. With our comprehensive online and offline sales network, we believe we are building future revenue growth for our products.”

About Blue Hat

Blue Hat Interactive Entertainment Technology is a producer, developer and operator of AR interactive entertainment games and toys in China, including interactive educational materials, mobile games, and toys with mobile game features. The Company’s interactive entertainment platform creates unique user experiences by connecting physical items to mobile devices, which creates a rich visual and interactive environment for users through the integration of real objects and virtual scenery. Distinguished by its own proprietary technology, Blue Hat aims to create an engaging, interactive and immersive community for its users. For more information, please visit the Company’s investor relations website at http://ir.bluehatgroup.com.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company’s SEC filings. These risks and uncertainties could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements.

Contacts:

Lexie Zhang
Blue Hat Interactive Entertainment Technology
Phone: +86 (592) 228-0010
Email: ir@bluehatgroup.net

Phil Lisio
The Foote Group
Phone: +86 135-0116-6560
Email: phil@thefootegroup.com

PR Newswire

Flightdocs Joins the ATP Family of Software Solutions

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Flightdocs to become a part of ATP, creating a global leader of information services and software solutions focused on aircraft safety and reliability.

SAN FRANCISCO and BONITA SPRINGS, Fla., June 18, 2020 — ATP and Flightdocs are pleased to announce the creation of one of the largest providers of software solutions and information services within the aviation industry.  With Flightdocs joining ATP, the company will deliver powerful, cloud-based software solutions for aircraft maintenance tracking, troubleshooting, recurring defect analysis, inventory management, and flight scheduling – combined with a robust library of technical publications and regulatory content.

Founded in 2003, Flightdocs has grown to be the second largest provider of aircraft maintenance tracking and inventory management solutions within business aviation. The company’s long-standing reputation for revolutionary software and best-in-class support has made Flightdocs the number one choice for flight departments around the world. ATP, a company with nearly 50 years of experience, provides aircraft technical publications and regulatory information, connecting more than 45,000 maintenance professionals to the latest OEM content and airworthiness directives. The company’s software division is the leading provider of repetitive defect and troubleshooting applications, focused on reducing operating costs, improving reliability, and supporting technical knowledge sharing.

“We are very excited to join forces with the team at ATP,” noted Rick Heine, Chairman and CEO of Flightdocs. “What began as a partnership quickly evolved into a much larger opportunity. By joining ATP, we will be able to create unique products and services that will have a significant impact for our customers, driving efficiencies, reliability, compliance, and safety across the industry.”

Customers of both ATP and Flightdocs will have access to a comprehensive suite of solutions to support the safe and reliable operation of their aircraft. Already considered to be the most innovative and user-friendly maintenance tracking and inventory management software on the market, the Flightdocs platform will now leverage the technical publication libraries, regulatory content, and chronic defect analysis and troubleshooting software offered by ATP. Combined, the two companies will bring even more innovation and technical capabilities to the business aircraft maintenance tracking, inventory management, and flight operations software markets.

“Flightdocs’ commitment to innovation and service makes them an ideal addition to the ATP family,” commented Rick Noble, Chief Executive Officer at ATP. “Working together, our goal will be to deliver the most advanced maintenance tracking, inventory management, and flight operations software on the market. One known for excellent support, a superior user experience, and powerful tools that can create massive benefits for our customers.”

With the addition of Flightdocs, ATP will now support 75,000 maintenance professionals across more than 7,500 customers in 137 countries. Further, the team plans to continue investment in the development of new products to serve the business aviation, general aviation, commercial aviation, military/defense, and OEM markets.

About ATP

ATP is a global information services and software solutions company focused on making flying safer and more reliable. ATP Information Services is the general and business aviation industry’s source for aircraft technical publications and real-time regulatory information. ATP Software Solutions is the leading provider of maintenance tracking, flight operations, inventory management, repetitive defect analysis, and troubleshooting software. The company’s applications help reduce operating costs, improve aircraft reliability, and supports technical knowledge sharing and collaboration within the general and business aviation, military/defense, commercial aviation, and OEM industries.

The company has deployed solutions for multiple Fortune 100 companies, supporting more than 75,000 aircraft maintenance professionals worldwide. As a global company, ATP has more than 7,500 customers in 137 countries, with nearly 50 years of experience in the information services and software industries. For more information, visit www.atp.com or www.flightdocs.com.

For more information related to this announcement, please contact the ATP Global Marketing and Communications Team, with a request addressed to: James Geneau, Chief Marketing Officer, ATP, marketing@atp.com

PR Newswire

Anaqua and Clarivate Announce Strategic Partnership

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Trademark search integration increases workflow efficiency for IP professionals

BOSTON, May 21, 2020 /PRNewswire/ — Anaqua, the leading provider of innovation and intellectual property management solutions, and Clarivate Plc (NYSE: CCC), a global leader in providing trusted insights and analytics to accelerate the pace of innovation, today announced a strategic partnership that brings together two of the leading service providers in the trademark industry. The partnership will see CompuMark™, a part of Clarivate and industry leader in trademark research and protection solutions, working with Anaqua to help IP professionals work more efficiently.

The alliance will provide seamless integration between the ANAQUA® IP Management platform and the CompuMark trademark research and protection platform, delivering significant workflow efficiencies for IP professionals. Anaqua and Clarivate share a number of customers who perform different activities on the two platforms across the full trademark lifecycle—from screening to clearance to management. Available in summer 2020, the integration offers easy access between the systems, enabling automatic data sharing and negating the need for time-consuming manual export. This will help streamline work processes and reduce administrative burden.

Bob Romeo, CEO of Anaqua, said: “We are excited to be partnering with Clarivate and CompuMark, the market leader in trademark research and protection solutions. By teaming up, we are bringing a full lifecycle solution to trademark professionals that will help them save time, improve workflow, and expedite decision-making. The possibilities are very promising, and this is just the beginning.”    

Jeff Roy, President, IP Group, Clarivate, said: “Our partnership with Anaqua offers a time-saving solution powered by industry-leading technology to better service our customers. We are constantly innovating and expanding our solutions to enable our customers, the world’s leading brands, businesses and IP offices, to work more effectively, efficiently and with confidence.”

About Anaqua

Anaqua is a premium provider of integrated, end-to-end innovation and intellectual property (IP) management solutions, serving more than 50% of the top 25 U.S. patent filers, more than 50% of the top 25 global brands, and a growing number of the most prestigious, forward-looking law firms. The company’s global operations are headquartered in Boston, with offices across Europe and Asia. Anaqua’s IP platform is used by nearly one million IP executives, attorneys, paralegals, administrators, and innovators globally. Its solution suite merges best practice workflows with big data analytics and tech-enabled services to create one intelligent environment designed to inform IP strategy, enable IP decision-making, and streamline IP operations. For additional information, please visit anaqua.com.

About Clarivate™

Clarivate is a global leader in providing trusted insights and analytics to accelerate the pace of innovation. We have built some of the most trusted brands across the innovation lifecycle, including the Web of Science™, Cortellis™, DRG, Derwent™, CompuMark™, MarkMonitor™ and Techstreet™. Today, Clarivate is on a bold entrepreneurial mission to help our clients reduce the time from new ideas to life-changing innovations. For more information, please visit clarivate.com.

Forward-Looking Statements

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

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PR Newswire

FlowForma & MicrotechDPS Join Forces, To Support APAC Region With Process Automation Tools

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DUBLIN, May 19, 2020 /PRNewswire/ — FlowForma®, the leading provider of Process Automation tools for Microsoft Office® 365, today announced an exciting new partnership with MicrotechDPS, to deliver the award-winning FlowForma Process Automation tool to organizations in Australia and the greater APAC region.

Olivia Bushe, Chief Executive Officer, FlowForma.
Olivia Bushe, Chief Executive Officer, FlowForma.

A Microsoft partner, MicrotechDPS provide its clients with an extensive range of IT solutions and services to assist and enhance in the day-to-day running of their business. Looking to add a process automation solution to their list of offerings, MicrotechDPS came across the FlowForma Process Automation tool, and quickly sought a demonstration to discover its capabilities.

Upon seeing the tool in action, MicrotechDPS were confident they had found the right process automation app to supply to its clients. A 3-in-1 tool combining forms, workflow and document generation that could sit on top of Office 365 was their ideal preference. FlowForma Process Automation’s no-code methodology and rapid prototyping capabilities only further rubber-stamped their decision.

Having a long history of delivering successful process automation projects, MicrotechDPS wanted to be able to combine its skills in this area by helping organizations leverage and build on top of any existing Microsoft Office 365 platform clients may have. FlowForma Process Automation was the perfect solution for them to deliver process automation to those who already have, or are considering moving to, SharePoint Online.

The new partnership emphasizes FlowForma’s commitment to empowering its global customer base, with the company excited to ramp-up operations in Australia and surrounding countries in the APAC region. From initial conversations, it became clear that both FlowForma and MicrotechDPS hold similar cultural and business values, meaning a partnership was the obvious and natural choice for both parties.

“We are thrilled to be working alongside FlowForma to provide our clients across Australia and the APAC region with a powerful process automation tool, to automate their business processes. From our initial conversations we could clearly see similarities in our customer base and the industries with which we serve, it was a unanimous decision,” said Joel Steers, General Manager, MicrotechDPS.

Olivia Bushe, CEO, FlowForma added: “It gives me great pleasure to announce MicrotechDPS as a FlowForma partner. We are truly excited of the potential opportunities this partnership can bring to construction, healthcare, finance and public organizations across the APAC region, helping them to digitize processes and prepare for a paperless and social distancing world.” 

Supporting Resources:

About FlowForma

FlowForma, the leading provider of Process Automation tools for Microsoft Office 365® has been revolutionizing the traditional BPM space with an innovative approach to developing award winning products that empower users to create and streamline processes smarter and faster, utilizing the familiar SharePoint platform, without any coding.

FlowForma is a Gold Microsoft Partner, with over 150,000 users across Europe, America, and Asia. The company is headquartered in Dublin with offices in London and Boston and is motivated by its values to innovate, evolve, and achieve with employees, customers and partners.

For further information or a 14-day free trial, visit www.flowforma.com

About MicrotechDPS

Established in 2004, MicrotechDPS provide a full suite of business technology services. Its holistic approach makes MicrotechDPS unique as a technology business partner by managing the lifecycle of a company’s IT & Print investments, from planning to procurement through to installation, training, and ongoing support. MicrotechDPS build long term relationships with its clients by learning and understanding what it is they do, and then match solutions to the activity that drives their business.

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PR Newswire

VisIC Partners With ZF for Next Generation EV Inverters

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– Joint R&D effort to develop an EV inverter based on gallium nitride (GaN) semiconductor technology

– VisIC’s D3GaN technology, with lowest losses per Rdson combined with ZF’s highly efficient EV driveline systems extend the range of electric cars and reduce its system cost

NES ZIONA, Israel and FRIEDRICHSHAFEN, Germany, May 14, 2020 /PRNewswire/ — ZF Friedrichshafen AG, a global leading automotive supplier, and VisIC Technologies Ltd., a global leader in gallium nitride (GaN) devices for automotive high-voltage applications, announce today a partnership to create the next generation of high-performance and high-efficiency electric drivelines for vehicles.

VisIC partners with ZF for next generation EV inverters
VisIC partners with ZF for next generation EV inverters

The partnership will see the two companies deepen their development efforts, based on VisIC D3GaN semiconductors technology. The focus of the joint efforts will be on 400-Volt driveline applications, covering the largest segment of the electric vehicle market.

“Our partnership with ZF for the development of gallium nitride-based power inverters in electric vehicles illustrates the break-through of gallium nitride technology in the automotive industry,” said Tamara Baksht, CEO of VisIC. “VisIC’s D3GaN technology was developed for the high reliability standards of the automotive industry and offers the lowest losses per Rdson. It also simplifies the system solution and enables high-efficiency and affordable power train solutions. It is definitely the next step for the automotive electrical driveline.”

ZF’s fast adoption of wide band gap semiconductor technology, such as silicon-carbide and gallium nitride, makes it a leader in the development of the most cost-effective and highly efficient electric drivelines. Through their extended R&D partnership, ZF and VisIC deepens their existing joint efforts in the application of gallium nitride semiconductors for inverters.

Gallium nitride semiconductors are key to further improve efficiency and performance of electrified vehicles, from hybrid up to full electric applications. This technology offers significantly better switching speed, range improvements as well as smaller and lighter package size, thereby reducing total system cost. “We are pleased about the cooperation with VisIC and are convinced that together we can further improve future electric drive systems based on gallium nitride technology,” says Dr. Dirk Walliser, Senior Vice President Corporate Research and Development at ZF Friedrichshafen AG.

This press release and further information can be found at www.visic-tech.com and www.press.zf.com.

VisIC Technologies Ltd.

VisIC Technologies is a world leader in GaN electronics for xEV applications, focused on high-power automotive solutions. Its efficient and scalable products are based on deep technological knowledge of gallium-nitride and decades of experience. VisIC is committed to provide a step function improvement in terms of size and cost of energy conversion systems and dedicated to high-quality customer support at all development phases. VisIC offers high power transistor products based upon compound semiconductor Gallium Nitride (GaN) material aiming to provide products for cost effective and high-performance automotive inverter systems.

ZF Friedrichshafen AG

ZF is a global technology company and supplies systems for passenger cars, commercial vehicles and industrial technology, enabling the next generation of mobility. With its comprehensive technology portfolio, the company offers integrated solutions for established vehicle manufacturers, mobility providers and start-up companies in the fields of transportation and mobility. ZF continually enhances its systems in the areas of digital connectivity and automation in order to allow vehicles to see, think and act.

In 2019, ZF achieved sales of €36.5 billion. The company has a global workforce of 148,000 with approximately 240 locations in 41 countries. ZF invested seven percent of its sales in research and development.

Press Contact: 

VisIC Technologies LTD
Golda Meir 7
Nes Ziona
7403650 Israel
info@visic-tech.com

ZF Friedrichshafen AG
Robert Buchmeier
Head of Technology and Product Communications, Heritage Communications,
+49-7541-77-2488
robert.buchmeier@zf.com

PR Newswire

Globe Invests in Cloud Business to Expand ICT Capabilities

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MANILA, Philippines, April 17, 2020 /PRNewswire/ — Globe Telecom, Inc. (“Globe”) has entered into an agreement to acquire substantially all of the assets of US-based Cloud Consulting Companies, Cascadeo Corporation and Cascadeo Partners (referred to as Cascadeo) for US $4M. Globe shall incorporate new entities through which the acquisition will be made. As part of the transaction, Globe, along with Cascadeo, will make follow up investments into the entities for growth capital to fund the company’s expansion strategies. Full execution of the agreement is targeted in the next few months following completion of regulatory approvals.

This investment echoes Globe’s trust to build a robust ICT portfolio and deliver tools and solutions that propel businesses to stay competitive towards the digital future. Globe’s vast resource pool and extensive reach in the Philippine market together with Cascadeo’s specialized expertise in cloud-based products and services bring forth synergies, which will be passed on to the Philippine and US enterprise clients through an upgraded cloud-based product and service offering.

“The joint venture with Cascadeo will further strengthen our ability to invent, innovate, and experiment,” said Globe President and CEO, Ernest Cu. “We will be leveraging on Cascadeo’s Cloud-Native Consulting and Managed Services capabilities to further solidify our credibility as a cloud solutions provider for enterprises and small and medium business customers who are ready to digitally transform.” The deal forms part of the strategy of Globe Business to accelerate development of its ICT capabilities and solutions and to provide their customers a complete suite of cloud-native products and services.

“We’re excited to have a partner like Globe in the next stage of our growth journey. Their commitment to cloud-first and speed of adoption are rare to see in large organizations. We also admire that Globe has balanced achieving business goals with taking care of their people. We continue to be amazed by the talent of the Filipino workforce and partnering with Globe will be instrumental in helping us become an employer of choice as we broaden our footprint in the Philippine market,” said Jared Reimer, CEO of Cascadeo Corporation.

Founded in 2006, Cascadeo is one of only a few elite Amazon Web Services (“AWS”) Premier Consulting Partners in North America and is also a Managed Services Provider (“MSP”). Their expertise is on automation, Cloud-Native Platform as a Service, Data Analytics, Serverless Infrastructure and programmatic security. They also have professional consulting services and managed operations for customer deployments on AWS, Azure, Google Cloud Platform, NetApp Cloud Solutions and even on-premise VMWare private cloud environments. Cascadeo is head-quartered in Seattle, Washington and maintains a Cloud Operations Center of Excellence in Manila, which supports their customers in the US and the Philippines.

About Globe

Globe is a leading full-service telecommunications company in the Philippines and is publicly listed in the Philippine Stock Exchange with the stock symbol GLO. The company serves the telecommunication and technology needs of consumers and businesses across an entire suite of products and services including mobile, fixed, broadband, data connectivity, internet and managed services. It has major interests in financial technology, digital marketing solutions, venture capital funding for startups, entertainment, and virtual healthcare. Its principal shareholders are Ayala Corporation and Singtel, acknowledged industry leaders in the country and in the region.

Globe News Room: globe.com.ph/about-us/newsroom
Follow @enjoyglobe on Facebook, Twitter, Instagram and YouTube.

About Cascadeo

Founded in July 2006, Cascadeo, a US-based entity with a subsidiary in the Philippines, is a Premier AWS Consulting Partner and Managed Services Provider (MSP) that specializes in cloud migration, artificial intelligence and machine learning. Originally established to focus on data centers and customized managed hosting, Cascadeo has evolved to become a Premier AWS Consulting Partner that also provides on-going managed services within the public cloud ecosystem. The company also has partnerships or certifications with other cloud vendors such as Microsoft Azure, Google Cloud Platform, Kubernetes and NetApp Cloud Solutions. Cascadeo.io, an AIOps-enabled platform, is considered the next generation managed services delivered as a SaaS (Software as a Service).

For more information, visit www.cascadeo.com

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Source: Globe Telecom, Inc.