Tag Archives: LIC

SnackVideo announces exclusive sponsorship agreement with two leading Pakistani sports teams, Islamabad United and Multan Sultans

ISLAMABAD, Feb. 23, 2021 — SnackVideo, a popular short video platform in Pakistan, has recently announced two exclusive sponsorship deals with leading sports teams in Pakistan. Islamabad United, a leading cricket team, is set to endorse SnackVideo as partners for the PSL VI. Multan Sultans, a well-known Pakistani cricket team, and its players will also endorse the app to millions of fans around the country.

Two leading Pakistani sports teams, Islamabad United and Multan Sultans
Two leading Pakistani sports teams, Islamabad United and Multan Sultans

‘Islamabad United is proud to align ourselves with a rising platform such as SnackVideo,’ says Shadab Khan, captain of the team. ‘SnackVideo aims to give a voice to every person so that they can express themselves, which is what our team have done for our fans in the league.’ Fans of both teams are not going to leave empty-handed as well. As part of the exclusive sponsorship agreement, fans will enjoy the chance to win signed team merchandise via SnackVideo.

The exclusive sponsorship with sporting teams has brought SnackVideo to the national spotlight. With slots across print, television and radio, SnackVideo will reach mainstream audiences and share with them the values and joys of expressing themselves via technology.

Mohammad Rizwan, captain of Multan Sultans said, ‘Partners like SnackVideo form an essential part of the sporting scene here in Pakistan, and we are happy to support partners who invest and develop our business and sporting industries together.’

About SnackVideo

SnackVideo is the party for short videos!

SnackVideo offers a variety of the most exciting, funny, magic videos and live-streams. Enjoy various types of interesting content from comedy and fashion to pets and gaming – and everything in between. Simply watch and engage with what you like.

SnackVideo aims at inspiring and encouraging users to express their styles and creativity to the world. This application is easy to use and allows users to create their original videos. The effects, filters, music and more will help users get as creative as they like.

Each user can upload his or her original videos, or other people’s videos, and add other video creators to their friends list.

SnackVideo is now available in Android and iOS. Don’t hold back and start experimenting with the videos you’ve always wanted to try with SnackVideo!

media_enquiries@snackvideo.com

Carpet Cleaning Innovator Zerorez Atlanta Cleans Up Their Customer Experience while Drastically Cutting Frustration of Remote Agents with Bright Pattern Contact Center

Zerorez Atlanta, a fast-growing carpet cleaning company, deploys Bright Pattern Cloud Contact Center to support customers over traditional and digital channels with a 100% remote workforce

SOUTH SAN FRANCISCO, Calif., Feb. 22, 2021 — Bright Pattern, a leading provider of AI-powered cloud contact center software, has been deployed by Zerorez Atlanta to provide a personalized customer experience over inbound and outbound voice, chat, and text message channels. Zerorez Atlanta performed extensive research to determine the optimal omnichannel cloud contact center vendor that they could recommend to all Zerorez franchises across 60 U.S. cities and found the perfect partner in Bright Pattern.

Read Full Success Story

Zerorez Atlanta experienced outages lasting as long as five hours every couple of months with its existing cloud contact center provider, and they lacked remote functionality for their fully remote workforce. The company also experienced problems integrating the contact center platform to its proprietary CRM. After evaluating multiple vendors, Zerorez Atlanta chose to partner with Bright Pattern because of its flexible integrations, ease-of-use, modern technology and features, and significantly lower setup costs.

With Bright Pattern’s platform, Zerorez Atlanta saw a massive decrease in agent frustration, with complaints from agents dropping by 75% in the first month alone. Zerorez Atlanta has also seen almost no downtime, allowing the company to provide better customer service without the frequent outages experienced with its prior cloud contact center provider. Zerorez Atlanta has also seen cost savings and fast ROI due to a combination of lower deployment costs and the elimination of lengthy, frequent downtime. Zerorez Atlanta has already saved an average of 30 to 40 dollars per agent per month while also reducing average call handling times by at least 30 seconds per call since moving to Bright Pattern. Furthermore, Bright Pattern’s software was able to automatically diagnose connectivity issues for remote workers and notify Zerorez Atlanta agents when connectivity issues were caused by the agent’s internet connection.

“When we implemented Bright Pattern’s platform, agent frustration dropped dramatically,” exclaimed Brandon Colton, Customer Care Operations Manager at Zerorez Atlanta. “Rather than spending all day fighting the software, agents are now helping customers. Bright Pattern has made being a 100% remote workforce easy and reliable. From the moment we partnered with Bright Pattern, the process couldn’t have been smoother.”

Zerorez Atlanta plans to integrate more technology with Bright Pattern’s platform to make the customer and agent experience even better and more tailored for their use cases. In the upcoming months, Zerorez Atlanta plans to implement AI into their CX operations through chatbots and live chat on their website.

Companies of all sizes select Bright Pattern to support their customer care organizations because of its simplified – yet robust – omnichannel platform, offering traditional channels; emerging channels like Facebook Messenger; in-app customer support; enterprise functionality; cloud-first architecture; and the ability to modify without the use of outside services. Bright Pattern was recently recognized by Ovum as a Market Challenger, by Omdia for best platform functionality, by Frost & Sullivan as a top-performing vendor, and by Gartner as a leader in the Call Center FrontRunners Quadrant.

About Bright Pattern
Bright Pattern provides the simplest and most powerful AI-powered omnichannel contact center software for innovative midsize and enterprise companies. To make customer service brighter, easier, and faster than ever before, Bright Pattern offers the only true omnichannel cloud platform with embedded AI that can be deployed quickly and nimbly by business users-without costly professional services. Bright Pattern allows companies to offer an effortless and personal customer experience across channels like voice, text, chat, email, video, messengers, and bots. Bright Pattern also allows companies to measure and act on every interaction on every channel with embedded AI omnichannel quality management. The company was founded by a team of industry veterans who pioneered the leading contact center solutions and are now delivering an architecture for the future with an advanced cloud-first approach. Bright Pattern’s cloud contact center solution is used globally in over 26 countries and 12 languages.

Logo – https://techent.tv/wp-content/uploads/2021/02/carpet-cleaning-innovator-zerorez-atlanta-cleans-up-their-customer-experience-while-drastically-cutting-frustration-of-remote-agents-with-bright-pattern-contact-center.jpg

Related Links :

http://www.brightpattern.com

Samsung Display Kick-starts ESG* Management with joining RBA Membership

– Actively engages in corporate social responsibilities, befitting global companies

– Newly establishes the Sustainable Management Secretariat and the company-wide consultative body to carry out ESG strategy in earnest

SEOUL, South Korea, Feb. 21, 2021 — Samsung Display Chief Executive Officer Joo Sun Choi announced that the company will further boost its environmental, social and governance (ESG) involvement from 2021.

Samsung Display joined RBA membership to take the initiative among local display producers in driving ESG-centered management strategy in accordance with global trends.

"As a global leader in display industry, Samsung Display has been prioritizing environmental and social values in the entire process of product manufacturing" said Jaeho Shin, Executive Vice President and Head of the Display Management Office at Samsung Display. "Moreover, we will further evolve into a global company that earns trust from our customers and members of society, and that dedicates to the development and happiness of humanity" he added.

The Responsible Business Alliance (RBA), the world’s largest industry coalition dedicated to corporate social responsibility in global supply chains, sets out and holds members accountable to RBA Code of Conduct based on a number of global standards to achieve a higher level of corporate ethics. Currently, RBA comprises more than 160 global companies including Samsung Electronics, Apple, and Intel.

With RBA membership, Samsung Display will gain the momentum to go beyond just conforming to the relevant domestic laws, and thoroughly incorporate global codes of conduct into its management strategy with regard to five critical sections of the RBA Code – Labor, Health and Safety, Environment, Business Ethics, and Management Systems. 

In particular, Samsung Display will continue substantial endeavors not only to domestic offices but also to global offices and its partners to fully embrace ESG-valued management based on RBA standards. For instance, the company plans to reinforce onsite audit and objective due diligence on management systems and working environment. More concretely, Samsung Display will undertake the Validated Assessment Program (VAP), an onsite compliance verification audit as well as get onsite assessment on its compliance to RBA Code of Conduct from reputable organizations.

In addition to joining RBA membership, Samsung Display is committing company-wide effort to bolster its ESG performance. For instance, the company newly organized the ‘Sustainable Management Secretariat’ and formed a consultative body on ESG strategy involving entire business departments. Moreover, earlier this year, in order to lay the groundwork for systemic implementation of ESG management plan, Samsung Display established mid- and long-term strategies in five focus areas: Climate change, Resource circulation, Sustainable products, Win-win collaboration with partners, and Local community.

* ESG: ESG refers to Environmental, Social, Governance characteristics of a company. It is used as a non-financial indicator that evaluates the company’s environmental and social commitment for sustainable development and the soundness of corporate governance.

About Samsung Display

Samsung Display Co., Ltd. is a global leader in the display panel market, with OLED and LCD technologies and products. Samsung Display has seven production facilities and five branch sales offices worldwide. The company specializes in high-quality displays for consumer, mobile, IT and industrial usage, including those featuring OLED (organic light emitting diode) and LCD technologies. As a total solution provider, Samsung Display strives to advance the future with next-generation technologies featuring ultra-thin, energy-efficient, flexible, and transparent displays. For more information, please visit www.samsungdisplay.com or https://news.samsungdisplay.com/https:/news.samsungdisplay.com/category/global/global.

Media Contact
Jihyun (Jessica) Kim
Samsung Display Communication Team
jh326.kim@samsung.com

Related Links :

http://www.samsungdisplay.com

Planful and Acumatica Partner to Bring Modern, Cloud-Based FP&A to Customers


Leader in Cloud Financial Planning and Analysis Becomes Top Planning Extension for Acumatica’s Cloud ERP Solution

REDWOOD CITY, Calif., Feb. 18, 2021 — Planful Inc., the pioneer of financial planning and analysis (FP&A) cloud software, today announced it has partnered with Acumatica to give users of both platforms an industry-leading solution for tightly integrated, cloud-based ERP (Enterprise Resource Planning) and FP&A.

Acumatica is a comprehensive cloud ERP solution optimized for ease of use, adaptability, mobility, and security. As a recommended extension for Acumatica, Planful provides numerous unique capabilities for FP&A compared to alternative platforms, including:

  • Fast, flexible implementation using Planful Now, a package of quick-start solutions that helps enterprises meet critical use cases in just weeks.
  • Excel syntax support for ease-of-use with existing Excel charts and processes.
  • Ability to seamlessly process large amounts of data to create a scalable, stable experience for the end user.
  • Fast cloud deployment with rapid configuration and seamless product updates.

"This partnership brings the power of Planful’s end-to-end platform for financial planning, consolidation, and reporting & analysis together with Acumatica’s robust ERP solution," said Kyle Van Jahnke, Vice President of Global Partnerships, Planful. "With Planful, Acumatica customers will now be able to automate and accelerate FP&A activities to drive faster and more agile planning and decision-cycles, and elevate the financial IQ of the organization."

This partnership signals that the Planful Platform meets the highest standards set for Acumatica integration and functionality. It also points to Planful’s commitment to Acumatica quality measurements and alignment to future Acumatica roadmap releases.

"We’re proud to partner with Planful to meet our customers’ growing business demands," said Christian Lindberg, Vice President of Partner Solutions, Acumatica. "Customers who want to stay competitive need flexible, responsive FP&A cloud software such as the Planful Platform to execute their long-term business strategies."

To learn more about Planful and Acumatica’s partnership, click here.

About Planful
Planful (formerly Host Analytics) is the pioneer of financial planning and analysis (FP&A) cloud software. The Planful platform is used by the Office of the CFO around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and visual analytics. More than 800 customers, including Boston Red Sox, Del Monte, TGI Friday’s, and 23andMe, rely on Planful to accelerate cycle times, increase productivity, and improve accuracy across the end-to-end FP&A process. Planful is a private company backed by Vector Capital, a leading global private equity firm. Learn more at www.planful.com.

About Acumatica
Acumatica provides cloud-based business management software that enables small and mid-size companies to accelerate their businesses.  Built on cloud and mobile technology and a unique customer-centric licensing model, Acumatica delivers a suite of fully integrated business management applications, such as Financials, Distribution, CRM, and Project Accounting, on a robust and flexible platform. For more information, visit www.acumatica.com.

Contact
press@planful.com

Additional Resources
Hear from Planful customers
Explore FP&A use cases
Discover Continuous Planning
Join the conversation on social media: LinkedIn, Twitter, or Facebook.

Logo – https://techent.tv/wp-content/uploads/2021/02/planful-and-acumatica-partner-to-bring-modern-cloud-based-fpa-to-customers.jpg

Related Links :

https://planful.com/

Bright Pattern Launches the Most Advanced Integration for Microsoft Teams and Dynamics

Bright Pattern launches most robust Microsoft integration in the industry to help connect remote teams and knowledge workers to improve employee productivity and bring the entire company together to improve the customer experience

SOUTH SAN FRANCISCO, Calif., Feb. 12, 2021 — Bright Pattern, a leading provider of cloud-based omnichannel communication software for innovative companies, today announces the most comprehensive integration in the industry for Microsoft-powered contact centers. Bright Pattern’s integration allows you to bring the full power of Microsoft Teams, Microsoft Dynamics 365, and Azure to your contact center with the most robust and advanced integration.

jwplayer.key=”3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXyDdsO2YkfE=”
 

jwplayer(‘myplayer1’).setup({file: ‘https://www.youtube.com/watch?v=fT01ZYZGLR4’, image: ‘http://www.prnasia.com/video_capture/3275382_AE75382_1.jpg’, autostart:’false’, aspectratio: ’16:9′, stretching : ‘fill’, width: ‘600’, height: ‘338’});

Microsoft Teams

Bright Pattern’s Microsoft Teams integration enables an organization’s Microsoft Teams implementation to be integrated directly into the Bright Pattern agent desktop. Agents have the ability to communicate with colleagues in the same desktop window as the customer, meaning agents don’t need to stop the customer conversation to communicate with their colleagues. This allows agents to communicate with and seek help from other employees and subject matter experts outside of the contact center while resolving customer issues, leading to a better agent and customer experience as well as improving employee productivity. Bright Pattern’s Microsoft Teams integration has many features for both agents and MS teams users that improve internal communication within Bright Pattern’s platform. These capabilities are key to bring every employee in the company together to better help and serve customers, including remote employees.

Bright Pattern’s Microsoft Teams integration allows companies to bring everyone in every department together to improve the customer experience:

  • See user presence on Bright Pattern’s platform. Agents can see if a colleague is online, away, busy, or offline, and bring them into a contact center conversation immediately
  • Invite subject matter experts to join phone calls for transfers and conference calls
  • See Microsoft Teams directories and group membership
  • Allow users outside the call center to call agent extensions
  • Allow users outside the call center to start chats with agents as if it was a regular Microsoft Teams conversation

Bright Pattern’s Microsoft Teams integration enables omnichannel communication throughout the enterprise:

  • Move the conversation from Microsoft Teams to any channel, like voice, chat, text, SMS, messengers, etc.
  • Invite Microsoft Teams users outside of the call center to join conversations over SMS, web chat, Facebook Messenger, Twitter direct messaging, Viber, LINE, and other messengers
  • Use their Microsoft Teams extension as a phone device option or softphone

Microsoft Dynamics 365 Integration

Bright Pattern integrates with Microsoft Dynamics 365 to make the customer service experience better for both agents and customers. Bright Pattern’s Dynamics 365 integration uses customer data to make the customer journey seamless while giving agents the information they need to provide the best possible customer experience.

Bright Pattern’s Dynamics 365 integration empowers the agent with information, provides customers with a more personalized experience, and reduces effort for both agents and customers:

  • Communicate on new digital channels – Bright Pattern allows agents to handle interactions on any channel, like voice, email, chat, IVRs, SMS, messaging apps, text, video chat, and chat bots.
  • Dynamics data is readily available to agents – Bright Pattern’s Dynamics integration allows interactions to be handled directly from the Dynamics desktop or from Bright Pattern’s omnichannel desktop. Dynamics data is at the fingertips of agents.
  • Contact recognition and identification – Bright Pattern uses Dynamics data to personalize customer interactions by dividing calls based on segment, prioritizing certain calls, and routing customers to the right agent. Allow customers to immediately connect to specific agents based on set privileges and statuses.
  • Create customized survey forms to send to customers after interactions through the Dynamics integration. Setup workflows that will automate the sending of surveys after any interaction to measure the Voice of the Customer.
  • Activity and interaction history that happen over Bright Pattern’s platform is automatically uploaded to Microsoft Dynamics with transcripts and recordings

Microsoft Azure

Bright Pattern integrates with Microsoft Azure to bring voice biometrics and a powerful AI and bots framework to your contact center. Being a pioneer in Azure integrations, Bright Pattern has further developed it’s integration with Azure to give contact centers access to powerful voice biometrics and best-of-breed AI.

Bright Pattern’s Azure integration uses AI and bots to help agents and customers:

  • Voice biometrics to authenticate callers – Bright Pattern uses Azure speaker recognition to identify callers by voice for authentication and advanced routing, providing a more effortless experience to customers.
  • AI-Powered Conversational IVR – Bright Pattern leverages Microsoft AI so customers can speak naturally with IVRs using Natural Language Processing rather than being confined to an inflexible tree structure.
  • AI-Powered Suggested Responses to Help Agents – Bright Pattern utilizes Microsoft AI to provide agents with suggested responses to customers interacting over channels such as chat, SMS, voice, email, or messengers.
  • Virtual Assistants and Bots – Bright Pattern integrates to Microsoft Azure bots, so customers can interact with bots and be seamlessly transferred to an agent when needed.

"Bright Pattern has been committed to delivering the most advanced integration for Microsoft-powered contact centers. Our most recent product update brings the power of Microsoft Dynamics, Azure, AI and bots, and Microsoft Teams to improve the customer and agent experience", noted Konstantin Kishinsky, CTO of Bright Pattern. "Our latest integrations make us pioneers in fully leveraging the power of all innovative Microsoft solutions for contact centers."

About Bright Pattern
Bright Pattern provides the simplest and most powerful AI-powered omnichannel contact center software for innovative midsize and enterprise companies. With the purpose of making customer service brighter, easier, and faster than ever before, Bright Pattern offers the only true omnichannel cloud platform with embedded AI that can be deployed quickly and nimbly by business users—without costly professional services. Bright Pattern allows companies to offer an effortless and personal customer experience across channels like voice, text, chat, email, video, messengers, and bots. Bright Pattern also allows companies to measure and act on every interaction on every channel with embedded AI omnichannel quality management. The company was founded by a team of industry veterans who pioneered the leading contact center solutions and are now delivering an architecture for the future with an advanced cloud-first approach. Bright Pattern’s cloud contact center solution is used globally in over 26 countries and 12 languages.

Video – https://www.youtube.com/watch?v=fT01ZYZGLR4 
Logo – https://techent.tv/wp-content/uploads/2021/02/bright-pattern-launches-the-most-advanced-integration-for-microsoft-teams-and-dynamics.jpg

 

Related Links :

http://www.brightpattern.com

CLPS Incorporation Signs IT Services Contract with a Large E-Commerce Platform in the U.S., A Major Achievement in Global Expansion Strategy

HONG KONG, Feb. 8, 2021 — CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), today announced that, through its wholly-owned subsidiary, CLPS Technology (California) Inc. ("CLPS California"), it has signed a Master Services Agreement with a large U.S. e-commerce platform (the "Client"). CLPS will provide IT services, including big data management for the Client’s cross-border e-commerce system.

Since 2014, CLPS has been providing IT services to the Client’s R&D center in Mainland China. With the long-standing business relationship and mutual trust between the two parties, CLPS has eventually secured an IT services contract directly from the Client’s headquarters in the U.S., which marks a significant milestone on its global expansion strategy. As a result, CLPS is also expected to participate and provide IT services on the Client’s global R&D centers.

Mr. Henry Li, Chief Operating Officer of CLPS, said, "CLPS California has been strategically developing its business in the U.S. market. The contract we gained from the U.S. is a proof of our commitment as a reliable IT services provider in the global market perspective. The continued trust and recognition from our blue-chip clients serve as our motivation to introduce more business opportunity in the global market going forward."

About CLPS Incorporation

Headquartered in Hong Kong, CLPS Incorporation (the "Company") (Nasdaq: CLPS) is a global leading information technology ("IT"), consulting and solutions service provider focusing on the banking, insurance and financial sectors. The Company serves as an IT solutions provider to a growing network of clients in the global financial industry, including large financial institutions in the US, Europe, Australia, Southeast Asia and Hong Kong, and their PRC-based IT centers. The Company maintains 19 delivery and/or research & development centers to serve different customers in various geographic locations. Mainland China centers are located in Shanghai, Beijing, Dalian, Tianjin, Baoding, Chengdu, Guangzhou, Shenzhen, Hangzhou, Suzhou, and Hainan. The remaining eight global centers are located in Hong Kong SAR, USA, UK, Japan, Singapore, Malaysia, Australia, and India. For further information regarding the Company, please visit: http://ir.clpsglobal.com/, or follow CLPS on FacebookLinkedIn, and Twitter.

Forward-Looking Statements

Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to the Company’s beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond the Company’s control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All such statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties related to the Company’s financial and operational performance in the second half and full year of fiscal 2020, its expectations of the Company’s future performance, its preliminary outlook and guidance offered in this presentation, as well as the risks and uncertainties described in the Company’s most recently filed SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

Contact: 

CLPS Incorporation
Rhon Galicha
Investor Relations Office 
Phone: +86-182-2192-5378
Email: ir@clpsglobal.com

Related Links :

http://www.clps.com.cn

Glory Star Cooperates with SaaS Service Provider Zhongmin Zaixian and Launches More than 300 Brands on CHEERS E-mall

BEIJING, Feb. 5, 2021 — Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) ("Glory Star" or the "Company"), a leading mobile and online digital media and entertainment company in China, today announced that it has it has established a comprehensive strategic cooperation agreement (the "Agreement") with Zhongminzaixian (Xiamen) E-Commerce Co., Ltd. ("Zhongmin Zaixian"). As part of the Agreement, Zhongmin Zaixian will integrate its current product and service offerings into the Company’s CHEERS e-Mall ecosystem, which will provide more than 300 domestic and foreign first- and second-tier brands of consumer goods, gold jewelry and other gold merchandise in a full range of categories. These offerings also include online and offline payment services, such as mobile bill payment services for major mobile operators, multiple payment services for video platform membership, gift card payment services for games, and more. The cooperation is planned to be gradually carried out in 2021 and expected to bring additional stimulus to CHEERS e-Mall platform’s development going forward.

As a leading SaaS service provider, Zhongmin Zaixian offers SaaS services to enterprises in multiple market segments along the industry value chain. Its product and service offerings covers more than 300 domestic and foreign for first- and second-tier brands of consumer goods, gold jewelry and other gold merchandise within the industry service supply chain, including brands such as Chow Tai Fook, Cuilu Fine Gold, Gree, Midea, Nike, Philips, and more, as well as other virtual benefits and coupon services. After several years of development, Zhongmin Zaixian’s customers and partners include several major mobile operators, including China Mobile Communications Corporation, China United Network Communications Group Co., Ltd, and China Telecommunications Corporation, as well as many well-known banks, including the Industrial and Commercial Bank of China, China Construction Bank Corporation, China Post Group Corporation Limited, China Merchants Bank, China CITIC Bank, and more. The customers and partners of Zhongmin Zaixian also include several industry leaders, including Air China Limited, Hainan Airlines Co., Ltd., Xiamen Airlines, Trip.com Group Ltd, China Petroleum and Chemical Corporation, and Qihoo 360 Technology Co. Ltd.

Pursuant to the Agreement, the substantial number of brands across Zhongmin Zaixian’s supply chain will help to rapidly expand CHEERS e-Mall’s offerings while also supplementing its high-quality brand channels significantly. At the same time, the supply chain system and diversified service products of Zhongmin Zaixian can help to further increase the number of new consumption scenarios within the CHEERS e-Mall ecosystem, provide its users with a broader array of high-quality products and unique services, and meet all aspects of its users’ needs in their pursuit of a higher-quality lifestyle. Through this cooperation, Glory Star will continue to integrate with multiple brands, expand its supply of high-quality brands and services, enhance its platform value and the value of its cooperating brands, and advance its CHEERS e-Mall as well as other CHEERS platforms to new stages of development.

Mr. Bing Zhang, Founder and Chief Executive Officer of Glory Star, commented, "We are excited to announce the establishment of a comprehensive strategic cooperation agreement with Zhongmin Zaixian. Collaboration between both parties will help Glory Star to establish stronger connections between merchants and users while better satisfying its users’ increasing demands for a quality, convenient, and diversified set of products and services. We are confident that this cooperation will enable us to establish enduring brand influence, enhance our brand awareness, and further improve the leading position of CHEERS e-Mall in the new e-commerce industry."

About Glory Star New Media Group Holdings Limited

Glory Star New Media Group Holdings Limited is a leading mobile entertainment operator in China. Glory Star’s ability to integrate premium lifestyle content, including short videos, online variety shows, online dramas, live streaming, its Cheers lifestyle video series, e-Mall, and mobile app, along with innovative e-commerce offerings on its platform enables it to pursue its mission of enriching people’s lives. The company’s large and active user base creates valuable engagement opportunities with consumers and enhances platform stickiness with thousands of domestic and international brands.

Safe Harbor Statement

Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions  (or the negative versions of such words or expressions ) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; and other factors listed in the Company’s Annual Report on Form 10-K for the year ending December 31, 2019 and in other filings made by the Company with the Securities and Exchange Commission from time to time. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.

Contacts

Glory Star New Media Group Holdings Limited
Yida Ye
Email: yeyida@yaoshixinghui.com

ICR LLC.
Sharon Zhou
Tel: +1 (646) 308-0546
Email: gsnm@icrinc.com

Thomson X Inks Strategic Partnership with Singapore-Based Startup Plano and Set Sights on Managing Myopia in Asia

SINGAPORE, Feb. 5, 2021 — Thomson X ("TX"), a wholly-owned subsidiary of SGX Mainboard-listed Thomson Medical Group Limited (the "Group"), today announced a strategic partnership with Plano Pte Ltd ("Plano"), a Singapore-based HealthTech startup. The collaboration will leverage on the respective strengths of TX and Plano to address and manage the rapidly increasing incidence of myopia through innovative technological solutions.

Myopia is steadily growing into one of the biggest public health challenges in the world, affecting an estimated 2.6 billion people globally, or about one-third of the world’s population. By 2050, myopia is projected to affect 5 billion people, which is estimated to be about half of the world’s population[1]. Developed economies in Asia such as Singapore, Hong Kong, Taiwan and South Korea have reported myopia rates of more than 80% and the estimated direct annual costs of managing myopia globally amounts to US$328 billion[2].  

Plano is a health technology company that specialises in myopia management through education and awareness, innovative technological solutions and AI. Supported by the Singapore National Eye Centre, Singapore Eye Research Institute, National Health Innovation Centre and Enterprise Singapore, together with its recent strategic alliance with Santen Pharmaceutical Co., Ltd., a global ophthalmic leader, Plano is a leading advocate in raising awareness and educating the public on myopia, its risk factors and management strategies.

Thomson X, a platform that is focused on simplifying healthcare through technology, oversees Thomson Medical Group’s technology roadmap by connecting HealthTech startups with its healthcare expertise and network to scale up rapidly and maximise their reach, creating sustainable growth. Through the partnership, the Group’s patients at Thomson Paediatric Clinic and Thomson Kids in Singapore, and Thomson Eye Centre in Malaysia will soon have access to Plano’s innovative eye-care solutions on top of Thomson’s existing healthcare services. In addition, the partnership will also accelerate Plano’s market potential through TX’s global partner, the Global Esports Federation, by delivering innovative eye health services to Esports athletes and gamers who are exposed to long screen time.

The partnership will grant TX an option to subscribe for an equity stake in Plano which can be exercised in three tranches over a six-year period based on certain conditions. If all three tranches are exercised, TX will hold a minority stake in Plano, allowing TX to participate in Plano’s future growth.

References:

1. Holden BA, Fricke TR, Wilson DA, Jong M, Naidoo KS, Sankaridurg P, et al. Global Prevalence of Myopia and High Myopia and Temporal Trends from 2000 through 2050. Ophthalmology. 2016;123(5):1036-42.

2. World Health Organization. The impact of myopia and high myopia: Report of the Joint World Health Organization – Brien Holden Vision Institute Global Scientific Meeting on Myopia. University of New South Wales, Sydney, Australia: 2015.

ABOUT THOMSON X

Thomson X is a platform focused on enriching the current healthcare landscape through strategic partnerships and collaboration, so as to drive growth in the health and wellness space. Operating in synergy with Thomson Medical Group’s core activities and top-tier partners, Thomson X will fuel innovative health technology companies to maximise their potential. At Thomson X, we embrace the spirit of spontaneity, creativity and passion. Thomson X is a subsidiary of Thomson Medical Group

For more information, please visit: www.thomson-x.com

ABOUT PLANO

Plano was developed with a clear purpose; to save sight and empower lives. With a culture of disruptive thinking grounded in real scientific research, Plano promotes the use of education and awareness, innovative technological solutions and AI to help manage myopia & excessive device use. Plano’s founding Managing Director, Associate Professor Mohamed Dirani, is dedicated to the study and research of myopia and is an Adjunct Associate Professor at Duke-NUS Medical School and an Honorary Principal Investigator at the Singapore Eye Research Institute (SERI) and the Centre for Eye Research Australia (CERA). In July 2020, Plano announced its strategic alliance with global ophthalmic leader, Santen Pharmaceutical. In Nov 2020, Plano emerged as the winner of Galen Growth’s World’s Most Innovative HealthTech Startup 2020 Award from a field of 64 global HealthTech Startups.

For more information, visit Plano.co

Blockchain startup ITM collaborates with Microsoft and MediaTek to address the crisis of trust during the COVID-19 pandemic

TAIPEI, Feb. 5, 2021 — Award-winning Taiwan blockchain solutions provider International Trust Machines Corporation (ITM) has collaborated with Microsoft and joined MediaTek AIoT Ecosystem to create out-of-the box solutions for enterprises to use blockchain for IoT (Internet of Things) technology.

ITM core team. From right to left R&D Director Swanky Hsiao, Chief Scientist & Co-Founder Gwan-Hwan Hwang, CEO & Co-Founder Julian Chen, BD Director Cooper Lai.
ITM core team. From right to left R&D Director Swanky Hsiao, Chief Scientist & Co-Founder Gwan-Hwan Hwang, CEO & Co-Founder Julian Chen, BD Director Cooper Lai.

ITM, established in January 2019, offers innovative blockchain solutions for three common problems – scalability, privacy and cost. By empowering IoT devices with blockchain capabilities, ITM makes large amounts of data generated by connected devices more tamper-proof, ensuring trust in data for enterprises and its clients.

ITM applies blockchain technology to transform data validation

Together with Microsoft and MediaTek, ITM has developed a solution for TaiPower, Taiwan’s largest energy provider, to record solar power data generated by smart meters.

The project, using MediaTek chipsets certified for Microsoft Azure Sphere, has been successfully deployed in TaiPower’s power fields. Data collected by the smart meter will be sealed on Blockchain, and automatically connected to Azure Sphere security cloud services, establishing trusted renewable energy data while retaining hardware-level security.

This project comes when the COVID-19 pandemic has impacted virtually all businesses. "The pandemic has caused increased disruption in the mobility and communication of office personnel. ITM uses blockchain technology to ensure the accountability of your data and reduce the need of third-party verifications. The audit process is automatically done by the machine, which speeds up data exchange between supply chain participants," said Julian Chen, CEO of ITM. 

ITM’s blockchain solution adds security into data transfer

Traditional efforts to check and verify data usually involve a third party and can be time consuming and expensive. By sending data generated by IoT devices to an immutable blockchain ledger, ITM creates an automatic audit mechanism that verifies and validates data in a cost and time effective way.

Apart from data compliance, ITM’s cryptographic security algorithm solves common problems of scalability, privacy and cost highlighted in the current blockchain for IoT systems, it also plays a pivotal role in accelerating post-crisis digital transformation initiatives.

"Scalability, privacy and cost are the common issues enterprises face. Most public chains face the difficulty of processing a large amount of data generated by IoT devices and that affects the scaling up of a company. Meanwhile, it costs companies an exorbitant amount of money to have miners turn raw data into useful information. Concerns about data stored on a blockchain have also been raised owing to the lack of a mechanism to erase information after it’s been input," says Chen.

"By designing their new solutions with Microsoft Azure Sphere, ITM is building products on a foundation of security," said Nicole Denil, Microsoft GM IoT Asia. "ITM’s edge computing solution makes connected devices more secure and reliable. It enables them to register millions of data transactions, sealed in a single fingerprint on a blockchain. ITM’s technology is specific to IoT devices, which makes it possible to process large amounts of data without causing latency problems."

About ITM

Founded in January 2019 in Taiwan, International Trust Machines Corporation (ITM) offers blockchain-enabled chipsets as a solution to the scalability problem of public ledgers.

Since its establishment, ITM has been working with local and international organizations to further promote innovative blockchain solutions. Its clients and strategic partners include Qualcomm, Microsoft, MediaTek, Acer, Kneron, and others.

The blockchain solutions provider has claimed the 1st runner-up honours at the Qualcomm Innovate in Taiwan Challenge 2019 (QITC 2019), it was also among the 80 startups chosen by the Taiwan Tech Arena to exhibit innovative products at the TTA Taiwan Tech Pavilion at CES 2020.

DFI Joins Hands with German ACL to Develop Substantial Business Opportunities in the Smart Medical Market

TAIPEI, Feb. 5, 2021 — DFI, a leading industrial computer manufacturer, has entered a strategic alliance with ACL, a well-known German medical IT hardware manufacturer, and will combine with DFI’s 40 years of rich experience in industrial computers. ACL has been famous in the medical personal computer market since 1995. With profound expertise in medical IT hardware for ICU/IMC and digital operating rooms, both will join hands to open up tremendous business opportunities in the smart healthcare market.

With over 25 years of "Made in Germany" quality, ACL’s rugged and durable medical computer products are widely used in 29 out of the 37 university hospitals in Germany and deployed in many well-known medical institutions in Europe. ACL also manufactures medical-related products for many world-renowned brands such as Dräger, Olympus, eSATURNUS (Sony Group), ATMOS, XION, Cascination, Zimmer Biomet, Humanscale, and HT Group. In the initial stage, DFI will support ACL in selling their medical product portfolio in America and APAC. 

"DFI and ACL, the leaders in the smart medical market, are cooperating to create smart healthcare solutions. It is hoped that these high-quality products will open up endless business opportunities and help the medical system overcome the difficult challenges brought about by an aging society," said Steven Tsai, DFI’s President.

"For seven years, we have worked together with DFI. This strategic partnership can help us to get the latest technologies from Taiwan and faster integration into our custom-made products to the medical field," said Thomas Wollesky, ACL’s CEO.

The medical and health industry is entering a critical period of digital transformation. The alliance between DFI and ACL hopes to make an effort to improve the quality of healthcare in an aging society.

About DFI

Founded in 1981, DFI is a leading global provider of high-performance computing technology across multiple embedded industries. Smart medical applications are critical to medical quality will also be a new field where DFI will bring more contributions to an aging society.

About ACL

ACL has been manufacturing specialized IT hardware solutions for medicine and hygienically critical areas such as digital operating rooms, digitalization in intensive care units, telemedicine, and mobile solutions at its headquarters in Leipzig, Germany since 1995. Faultless and durable products are both an incentive and obligation for all ACL employees.