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PR Newswire
Brisbane software start-up, Codafication, empowers leading insurers such as Suncorp to process claims remotely with their video-streaming tool Virtual Assist

Local start-up technology helps insurer keep claims moving during COVID-19

BRISBANE, Australia, June 10, 2020 /PRNewswire/ — Codafication’s Virtual Assist is becoming the new industry standard for Australia and New Zealand’s largest insurers, as Suncorp implement the video-streaming technology to process claims remotely during COVID-19.

Virtual Assist is rapidly becoming the new industry standard for processing insurance claims quickly and safely.
Virtual Assist is rapidly becoming the new industry standard for processing insurance claims quickly and safely.

The Insurance Council of Australia (ICA) declared the pandemic an "insurance catastrophe" in March. As an essential service, insurers now face the challenge of processing claims while following social-distancing and shutdown rules.

Suncorp has fast-tracked several digital solutions to ensure it can continue to resolve insurance claims quickly. This includes engaging local insurtech offering Virtual Assist, a flagship product of Brisbane tech scale-up Codafication. Virtual Assist allows insurers to process claims remotely to guarantee the safety of staff and customers.

"Suncorp is one of the big insurers transforming the industry using our technology," said Daniel Sandaver, Managing Director of Codafication.

"A lot of the challenger brands are following suit, indicating that Virtual Assist is rapidly becoming the insurance industry standard in Australia and New Zealand."

With Virtual Assist, the insurer simply texts or e-mails the customer a link that transforms the customer’s phone into a high-definition video, voice, and image capture tool. The insurer can see exactly what the customer sees to help them in real-time. It incorporates thorough risk assessments to ensure the customer’s safety before use and allows for multiple parties to participate in the assessment, such as builders, engineers, or other specialists.

Mr Sandaver said that optimising the up-front triage in the claims process drives better outcomes for the insurance customer.

"We’re seeing drastic reductions in the claim process lifecycle, by up to 2 weeks in a lot of cases," Mr Sandaver said. "Our clients also consistently achieve Customer Satisfaction Scores above 9 out of 10 across their customer base when using Virtual Assist."

Virtual Assist is projected to process over 200,000 insurance claims annually and can integrate into a business in as little as a couple of hours. It is being utilised across all insurance claim types, including contents, motor, and property.

Codafication’s Virtual Assist is currently helping clients to fast-track digital transformation across insurance, construction, property valuations, utilities, routine rental inspections, and more.

To learn more about virtual collaboration and remote claims processing for insurance, visit: https://www.virtualassist.io/

Codafication is a globally awarded digital services and software company. They are the gutsy, big-hearted game-changers of digital transformation. Based in Brisbane, Australia, they empower their clients to save time and money through cloud-based software that makes the world simpler. Their innovative solutions, Crunchwork, Unity Cloud, and Virtual Assist, are secure, scalable, and industry agnostic.

To see how Suncorp is using Virtual Assist, visit: https://www.suncorpgroup.com.au/news/news/suncorp-ramps-up-digital-to-move-bushfire-insurance-claims-during-covid-19

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PR Newswire
BAT Named in The Gartner Supply Chain Top 25 for 2020

BAT believes company transformation and focus on ESG has driven elevation to 21st position.

LONDON, June 11, 2020 /PRNewswire/ — BAT has been recognised by Gartner in The Gartner Supply Chain Top 25 for 20201  ranking for the first time. The ranking identifies supply chain leaders and BAT has moved from outside the 25th position to 21st position in 2020. BAT believes this reflects the great progress in its supply chain maturity journey, its strong financial performance and the fact that ESG is front and centre of everything BAT does, particularly in relation to the company’s supply chain. 

 

Alan Davy, BAT Group Operations Director, said:

"We are delighted to receive this recognition which I believe is confirmation of our efforts to deliver a world-class supply chain as part of our journey towards A Better Tomorrow. To us, it not only acknowledges the achievements of our colleagues who have succeeded in transforming our business, but also the partners, suppliers and communities we work alongside. 

"The supply chain integration and synchronisation steps taken over the last few years built greater Resilience and Agility. Furthermore, Sustainability is front and centre of everything we do – it sits at the heart of our supply chain, has driven many of the investment decisions we have made, and will be a key element of our plans for the future as we build on this success."

In recent years, BAT has implemented a single ERP platform, has invested in building people’s capabilities, as well as increased automation of certain business processes.  Crucially, the quality of data the company now uses for decision making has been transformed. AI and Machine Learning based platforms have been used to improve how BAT’s transportation and logistics networks are managed. This has built additional resilience and much needed agility and has contributed to the way BAT continues to navigate the Covid-19 situation. Further improvements and efficiencies are planned for 2020 and beyond.

According to Gartner, "three key trends stand out this year for these leaders that are accelerating their capabilities, separating them further from the rest of the pack."

Purpose-driven organisations

"Even before the pandemic occurred, supply chain teams at leading companies defined their work using the language of purpose. These companies recognize that solving the world’s largest problems only works through partnership with others in the broader community, as well as through their own radical transparency."

Business model transformers

"One of the largest external forces impacting corporate supply chains is a dynamic competitive landscape that is driven by a combination of expanded customer expectations, new market entrants from existing industry ecosystems and the emergence of non-traditional competitors." Further, "leading supply chains have positioned themselves as the disruptors to traditional business models, either through reinvention of their offerings and the ability to deliver them or by acquiring start-ups that offer the expertise and DNA necessary to compete in new and reinvented markets."

Digital orchestrators

"Leading companies on the Supply Chain Top 25 are early, and frequent, adopters of digital technologies. More importantly, these investments enable business capabilities and outcomes that allow them to thrive in even the harshest economic conditions."

The Gartner report states that:

"In our 16th edition of the Supply Chain Top 25, we have an impressive group of leaders with new lessons to share, including a diverse set of six new entrants." It further mentions that, "with substantial portions of the economy closed due the COVID-19 pandemic, we are seeing unemployment and negative economic growth rates on a scale not seen since the early 20th century in some cases." Further, "leaders need an agile, or adaptive, strategy that allows the supply chain organisation to sense and respond to changes in the business context as they happen."

Regarding the Supply Chain Top 25 Methodology, Gartner states, "the ranking comprises two main components – business performance and opinion. Business performance, in the form of public financial and ESG data, provides a view into how companies have performed in the past. The opinion component offers an eye to future potential and reflects leadership in the supply chain community. These two components are combined into a total composite score. We derive a master list of companies from a combination of the Fortune Global 500 and the Forbes Global 2000. In an effort to maintain the list of companies evaluated at a manageable level, we apply a general annual revenue threshold of $12 billion."

Gartner, "The Gartner Supply Chain Top 25 for 2020", Mike Griswold et al, 19 May 2020

1.  Gartner subscription required

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PR Newswire
Numonix Among First to Release a Fully Managed Cloud Compliance Recording Service for Microsoft Teams

IXCloud Records, Stores and Analyzes Interactions Without Physical or Virtual Servers

BOCA RATON, Fla., June 9, 2020 /PRNewswire/ — Numonix, a developer of a versatile interaction recording solution for Unified Communication platforms, today announced the launch of IXCloud for Microsoft Teams, one of the first Microsoft Azure-based, fully managed cloud compliance recording services. Uniquely activated as a fully managed service, IXCloud records, stores and analyzes interactions without requiring physical or virtual servers, thereby enabling instant and elastic scalability to support business growth.

"We are excited to be one of the first providers in the world to offer a fully managed compliance recording solution for Microsoft Teams. Our IXCloud for Microsoft Teams solution empowers enterprises, small- to medium-sized businesses, system integrators, hosted providers and carriers to record all types of calling, meeting and chat scenarios for Teams," said Avi Margolin, CEO and CTO of Numonix. "In addition, through our Azure-based IXCloud, we are providing a differentiated, fully managed compliance recording service."

"Whether working on-site or remotely, companies in regulated industries are required to automatically record all communications by regulated employees. With IXCloud for Microsoft Teams, Numonix allows companies to do that, whether those interactions occur within or outside of Teams, while also being able to archive and analyze them," said Mike Ammerlaan, Director of Microsoft 365 Ecosystem marketing at Microsoft Corp. 

IXCloud for Microsoft Teams features many benefits, including:

  • Fully managed, native Azure Software-as-a-Service
  • Ability to natively record audio, video and screensharing
  • Participation in the Microsoft Teams Compliance Recording certification program
  • Zero hardware or software footprint
  • No server management or maintenance required within your organization
  • GDPR, MiFID II, HIPAA compliance with built-in recording notifications and 256bit encryption
  • Securely stored data in your choice of more than 15 Azure datacenter regions, helping compliance with data sovereignty requirements
  • Ability to instantly scale to support business growth

For detailed information on IXCloud for Microsoft Teams, please visit https://www.numonix.cloud.

About IXCloud for Teams

IXCloud for Microsoft Teams is a new-generation, cloud-based interaction recording solution developed by Numonix, the innovator in capture technologies. Built on the runtime service fabric of Azure, IXCloud empowers users to record with integrity, providing instant hyper-scale, security and compliance plus the benefits of Data Sovereignty. Taking interaction capture into the future, IXCloud redefines versatility, providing the ability to record, store and analyze interactions in the cloud. Its API framework also enables application development.

About Numonix

Numonix offers the industry’s most versatile cloud and premise-based interaction recording solutions for Microsoft® Teams, Skype® for Business, SIPREC, and most unified communications and PBX systems, giving business users and service provides versatility in how they record, centrally store and access to their interactions. With full omnichannel recording of voice, video, chat, screen and screen sharing, Numonix empowers organizations to improve regulatory compliance, resolve disputes and enhance the customer experience by granting safeguarded access to their recordings and agent/customer data. Numonix RECITE® interaction recording solution gives users an on-premise solution with extensive customization options, while Numonix IXCloud delivers the ultimate cloud-based communication capture platform built on the runtime service fabric of Azure and requiring no physical or virtual servers. Numonix is based in Boca Raton, Fla. Visit www.NumonixRecording.com

Numonix PR Contact:
Teri Sawyer, T&Co. PR
+1-714-801-1687
Numonix Press 

Numonix Sales Contact:
+1-855-Numonix
+1-561-952-2600
Numonix Sales

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PR Newswire
Microland’s IIoT Prowess Gains PTC’s Global System Integrator Status

BENGALURU, India and LONDON and ATLANTA, June 9, 2020 /PRNewswire/ — Microland today announced its inclusion in PTC Inc’s elite list of Global System Integrators and Management Consultants, an ecosystem of digital transformation experts and industrial innovation thought leaders. This recognition is a validation of Microland’s resolute focus on cross-industry digital transformation.

"Microland’s strategic relationship with PTC has enabled us to accelerate the Industry 4.0 digital transformation journey of our clients. Leveraging PTC’s ThingWorx® platform, we have built smart, connected, and integrated Industrial IoT solutions for several of our clients. Our IT-OT integration expertise, along with PTC’s industrial automation suite, power our Industrial IoT solutions to drive higher efficiencies, increase productivity, enhance experiences and reduce operational risks," says Manjanath Nayak, Senior Vice President – Head of Global Industrial IoT Business, Microland.

Microland’s IIoT business has enabled several enterprises to pursue an accelerated path to realise industrial process transformation. Microland’s offerings under the IIoT service line include: 3-Step Accelerator (PoC led solutions), Integrated Smart Factory, Industrial Monitoring, Connected Enterprises and Managed Services.   

Microland has been working with PTC since 2017. Over the last three years the PTC-Microland collaboration has seen significant momentum with several jointly developed solutions deployed across multiple customer engagements. 

"Microland has demonstrated innovative thinking in solution development around our platform and have been proven in the most challenging of client engagements," says Rajkiran Chakkalongara, Senior Director & Head, IOT/AR Business, PTC, India.

Microland’s industrial and software engineers, working alongside solution consultants, deliver ambitious IIoT system thinking and innovation, using analytics and artificial intelligence to drive predictable operations and unlock new opportunities. The focus is to enable enterprises to solve complex industrial challenges through IIoT system thinking and rapid prototyping to achieve a steady stream of quick wins with minimum investment.

Ravi Asrani, SVP, Global System Integrators & Management Consulting, PTC added, "PTC values Microland’s system integration capability across industry sectors and its ability to deliver high-value business outcomes. Together, we can address the transformation promises that IIoT presents for the world."

The success of this partnership spans multiple geographies and industry verticals — one example being a successful implementation of smart manufacturing for TRL Krosaki Refractories, one of the largest refractory manufacturers in India.

Kumar Heramba Narayan Naik, CIO, TRL Krosaki, said, "We have embarked upon a program of modernising our manufacturing facilities leveraging Industrial IoT solutions with a primary objective of improving refractory brick quality.

Microland has been instrumental in the success of this modernization program. With an outcome driven approach, Microland helped us develop the business case and demonstrated strong system integration expertise across IT, OT and Analytics. They led the program of implementing PTC ThingWorx® resulting in real time operational visibility, digital workflows and asset performance tracking resulting in quicker decision making, reduced breakdowns and efficient workforce."

About Microland

Microland’s delivery of digital and "Making Digital Happen" allows technology to do more and intrude less. We make it easier for enterprises to adopt nextGen Digital infrastructure. We enable this using our expertise in Cloud and Data Centers, Networks, Digital Workplace, Cybersecurity and Industrial IoT–ensuring the embrace of brilliance is predictable, reliable, and stable.

In the COVID impacted world, Microland is making digital happen for enterprises with a laser focus on services that are more relevant to our clients and prospects than ever before:

  • Modern Workplace Services: Enabling working-from-home via VDI, desktop-as-a-service, unified end point management and collaboration tools roll-out & adoption
  • Network Services: Supporting the "new normal" of working by designing, deploying and scaling network infrastructure including Software defined LAN & WAN rollouts
  • Cloud Services: Accelerating the digital transformation journey by enabling hybrid cloud deployment to support critical workloads and ensuring business continuity
  • Smart Security Operations Center: 24x 7 Operations center monitoring of all points along a digital journey ensuring that clients are covered in their pursuit to support a world in transition
  • Industrial Safety Services: Establishing robust connectivity channels with remote production assets and environmental parameters to improve safety of operations and reduce risks and exposure

Incorporated in 1989 and headquartered in Bengaluru, India, Microland has more than 4,500 digital specialists across offices and delivery centers in Asia, Australia, Europe, Middle East and North America.

Read more here: https://www.microland.com/

ThingWorx is a registered trademark of PTC Inc. in the United States and other countries.

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https://www.microland.com/

PR Newswire
Blackbaud Customers Around the World Rely on Technology to Support COVID-19 Research and Innovation

Higher education and healthcare institutions turn to Blackbaud solutions to power fundraisers for COVID-19 vaccines, lifesaving equipment

CHARLESTON, South Carolina, June 9, 2020 /PRNewswire/ — Blackbaud (NASDAQ: BLKB), the world’s leading cloud software company powering social good, is supporting key higher education and healthcare institutions around the world with the technology needed to effectively fundraise for COVID-19 research and essential equipment, including potential vaccine breakthroughs, low-cost ventilator production and methods to treat the virus and slow its spread.  

"Throughout the world, many of our customers are on the frontlines of COVID-19 relief and having the cloud software in place to support their missions has never been more critical," said Mike Gianoni, president and CEO, Blackbaud. "We have been continually amazed by our customers globally and their ingenuity during this time and are proud to support their efforts through reliable and highly effective technology."

Fundraising for COVID-19 Vaccine Research in Australia

Blackbaud recently helped the University of Queensland (UQ) in Brisbane, Australia launch a peer-to-peer fundraising campaign for COVID-19 vaccine research. Blackbaud’s leading peer-to-peer fundraising solutions enable social good organisations to quickly create fundraising campaigns driving current and new supporters to share their passion for an organisation’s mission. UQ researchers need to raise $4.5 million in addition to the support they’ve received from the government and philanthropic partners, to help them develop a vaccine to end COVID-19.

"We are incredibly grateful for Blackbaud’s support in our efforts to facilitate philanthropic giving to accelerate COVID-19 vaccine development at The University of Queensland," said Jennifer Karlson, pro-vice-chancellor of advancement, University of Queensland. "The technology has been a critical gateway for the UQ community to give to this important cause."

Learn more about the approach the UQ COVID-19 vaccine researchers are taking to quickly develop and manufacture a vaccine for the world.  

Pushing Toward Bioscience Breakthroughs in Manhattan

Within a month, supporters of The Rockefeller University donated more than $16 million for COVID-19 research, a testament to their confidence in the abilities of Rockefeller’s scientists and the relationships the university has built through its advancement team, which relies daily on Blackbaud fundraising and relationship management solutions, including Blackbaud CRM™ and Blackbaud Internet Solutions™. Beyond the total, the speed of the donations has been critical in this moment of world crisis, when time is of the essence, and federal grant funding could take months to secure. 

The Manhattan-based university – a research-driven institution that has seen 25 of its scientists receive the Nobel Prize – closed campus early on in the crisis, except for critical operations laboratories, which currently include 20 labs doing COVID-19 research. The labs are not only collaborating with each other but also across the scientific community, and in some cases internationally, to advance ideas to slow the momentum of the pandemic and identify new therapies. 

At the same time, Rockefeller’s advancement team members have used Blackbaud cloud-based solutions as they’ve worked remotely to educate their donor network on the university’s COVID-19 research and related needs. This falls in line with the informative way the university seeks to introduce new friends – providing lectures, seminars and community events to build an appreciation of their scientists’ work and the greater institution. While recent events have been canceled, postponed or shifted to virtual gatherings because of the pandemic, supporters have been encouraged to direct their table and ticket purchases to research, and to consider making an additional gift to support COVID-19 research, as well.

Learn more about Rockefeller’s fundraising success in the wake of COVID-19 and donation opportunities.

The Race to Create Lifesaving Ventilators in Canada  

In March, Blackbaud customer, the Montreal General Hospital Foundation and the Research Institute of the McGill University Health Center announced the Code Life Ventilator Challenge, a two-week sprint among engineering and scientific communities to gather the best ideas from around the world to design low-cost and easy to produce emergency ventilators. The challenge received hundreds of submissions from 94 different countries. Nine concepts were selected for an intensive round of testing and three finalists have emerged. The three finalists will receive $200,000, $100,000 and $50,000 CAD in compensation for their design and for sharing it with the world in the fight against COVID-19. Montreal General Hospital Foundation relied on Blackbaud Raiser’s Edge NXT® to power the fundraising component that has made this challenge possible. Montreal General Hospital Foundation is currently preparing a second challenge specifically to expedite refinement, cost-reduction and regulatory compliance of the final designs.

Stay up to date on the Code Life Ventilator Challenge by following updates here.     

To learn more about how Blackbaud is supporting its global customers during COVID-19, visit Blackbaud.com/COVID-19-resources.

About Blackbaud

Blackbaud (NASDAQ: BLKB) is the world’s leading cloud software company powering social good. Serving the entire social good community—nonprofits, higher education institutions, K–12 schools, healthcare organisations, faith communities, arts and cultural organisations, foundations, companies and individual change agents—Blackbaud connects and empowers organisations to increase their impact through cloud software, services, expertise and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and CRM, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility, school management, ticketing, grantmaking, financial management, payment processing and analytics. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina, and has operations in the United States, Australia, Canada, Costa Rica and the United Kingdom. For more information, visit  www.blackbaud.com or follow us on Twitter, LinkedIn, Instagram and Facebook.

Media Inquiries 
[email protected]

Forward-looking Statements

Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC’s website at www.sec.gov or upon request from Blackbaud’s investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.

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PR Newswire
NetEase Announces Pricing of Global Offering

HANGZHOU, China, June 7, 2020 /PRNewswire/ — NetEase, Inc. (NASDAQ: NTES) ("NetEase" or "the Company") today announced the pricing of the Global Offering of 171,480,000 new ordinary shares (the "Offer Shares" or "Shares") which comprises an International Offering and a Hong Kong Public Offering. The final offer price for both the International Offering and the Hong Kong Public Offering (the "Offer Price") has been set at HK$123 per Share. Based on the ratio of 25 ordinary shares per Nasdaq-listed American depositary share ("ADS"), the Offer Price translates to approximately US$397 per ADS. The Company has set the abovementioned offer price by taking into consideration, among other factors, the closing price of the ADSs on June 4, 2020 (the latest trading day before pricing). Subject to approval from The Stock Exchange of Hong Kong Limited (the "SEHK"), the Shares are expected to begin trading on the Main Board of the SEHK on June 11, 2020 under the stock code "9999." The Global Offering is expected to close on the same day, subject to customary closing conditions.

The gross proceeds to the Company from the Global Offering, before deducting underwriting fees and the offering expenses, are expected to be approximately HK$21,092 million. In addition, the Company has granted the international underwriters an over-allotment option, exercisable from June 5, 2020 until 30 days thereafter, to require the Company to issue up to an additional 25,722,000 new Shares at the Offer Price.

The Company plans to use the net proceeds from the Offering for globalization strategies and opportunities, fueling continued pursuit of innovation, and general corporate purposes.

CICC, Credit Suisse and J.P. Morgan (in alphabetical order) are the joint sponsors and joint global coordinators for the proposed Offering.

The International Offering is being made only by means of a prospectus supplement and the accompanying prospectus included in an automatic shelf registration statement on Form F-3 filed with the U.S. Securities and Exchange Commission (the "SEC") on May 29, 2020, which automatically became effective upon filing. The registration statement on Form F-3 and the preliminary prospectus supplement dated June 1, 2010 are available at the SEC website at: http://www.sec.gov. The final prospectus supplement will be filed with the SEC and will be available on the SEC’s website at: http://www.sec.gov. When available, copies of the final prospectus supplement and the accompanying prospectus relating to the offering may also be obtained from China International Capital Corporation Hong Kong Securities Limited, Email: [email protected], Credit Suisse (Hong Kong) Limited, Email: [email protected], or J.P. Morgan Securities (Asia Pacific) Limited, Email: [email protected].  

This press release shall not constitute an offer to sell or the solicitation of an offer or an invitation to buy any securities, nor shall there be any offer or sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. This press release does not constitute a prospectus (including as defined under the laws of Hong Kong) and potential investors should read the prospectus of the Company for detailed information about the Company and the proposed offering, before deciding whether or not to invest in the Company. This press release has not been reviewed or approved by the SEHK or the Securities and Futures Commission of Hong Kong.

The price of the Shares of the Company may be stabilized in accordance with the Securities and Futures (Price Stabilization) Rules. The details of the intended stabilization and how it will be regulated under the Securities and Futures Ordinance (Chapter 571 of the laws of Hong Kong) have been contained in the prospectus of the Company dated June 2, 2020.

About NetEase, Inc.

As a leading internet technology company based in China, NetEase, Inc. (NASDAQ: NTES) is dedicated to providing premium online services centered around innovative and diverse content, community, communication and commerce. NetEase develops and operates some of China’s most popular mobile and PC-client games. In more recent years, NetEase has expanded into international markets including Japan and North America. In addition to its self-developed game content, NetEase partners with other leading game developers, such as Blizzard Entertainment and Mojang AB (a Microsoft subsidiary), to operate globally renowned games in China. NetEase’s other innovative service offerings include the intelligent learning services of its majority-controlled subsidiary, Youdao (NYSE: DAO); music streaming through its leading NetEase Cloud Music business; and its private label e-commerce platform, Yanxuan. For more information, please visit: http://ir.netease.com/.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "potential," "continue," "ongoing," "targets," "guidance" and similar statements. Statements that are not historical facts, including statements about the offering and listing, the use of proceeds and the Company’s strategies and goals, are or contain forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. There can be no guarantee that the offering and listing will be completed as planned, or that the expected benefits from the offering and listing will be achieved. You should consider the risk factors included in the registration statement (including any documents incorporated by reference), prospectus and prospectus supplements that have been or will be filed with the SEC and the prospectus registered in Hong Kong. All information provided in this press release is as of the date of this press release and are based on assumptions that the Company believes to be reasonable as of this date, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Contact for Investors:
Margaret Shi
NetEase, Inc.
[email protected]
Tel: (+86) 571-8985-3378

Brandi Piacente
Investor Relations
[email protected]
Tel: (+1) 212-481-2050

Contact for Media:
Li Ruohan
NetEase, Inc.
[email protected]
Tel: (+86) 571-8985-2668

Alby Wan
Hill+Knowlton Strategies Asia
[email protected]
Tel: (+852) 2894-6267

Related Links :

http://ir.netease.com/

PR Newswire
Huawei Wins Eight Awards, Including Five Grand Awards, at Interop Tokyo 2020

TOKYO, June 5, 2020 /PRNewswire/ — The COVID-19 pandemic has brought unprecedented changes to diverse industries and sectors. But it cannot prevent the rapid development of the ICT industry, it would seem. The Organizing Committee of Interop Tokyo 2020 — the largest ICT exhibition in Japan — has announced the winners of the Best of Show Awards. Huawei’s innovative products and solutions have won eight awards, demonstrating their unique technical advantages.

Huawei Wins Eight Awards, Including Five Grand Awards, at Interop Tokyo 2020
Huawei Wins Eight Awards, Including Five Grand Awards, at Interop Tokyo 2020

Huawei received the following awards:

Grand Prize in Network Infrastructure: OptiXtrans OSN 9800 M12, the industry’s first super C-band transmission product.

Grand Prize in Cloud Infrastructure: CloudEngine 16800 data center switch, the industry’s highest-density 400 GE line card for data centers in the AI era.

Grand Prize in Server and Storage: Huawei’s next-generation all-flash storage OceanStor Dorado 8000/18000 V6, oriented to core production and transaction scenarios, and continuously setting performance, reliability, and intelligence benchmarks.

Grand Prize in IoT: Huawei edge computing gateway AR502H.

Grand Prize in Facility: The eMIMO edge computing facility solution.

In the AI category, the industry-leading Atlas 900 AI cluster is the only award-winning product.

Special Prize in Enterprise IT: Huawei 5G AR NetEngine AR6000.

Special Prize in Network Infrastructure: Huawei OptiXtrans DC908, an intelligent Data Center Interconnect (DCI) product with a single-fiber capacity of 88 Tbit/s and AI-enabled O&M.

Huawei’s awards at Interop Tokyo in 2020, and in the years preceding it, is the industry recognition of Huawei’s emphasis on innovation and quality, and is a reflection of its long-term strategic investment in R&D. Such recognition — both from peers and customers alike — remains the driving force behind Huawei’s ongoing efforts. Huawei is committed to investing in R&D for the longer term, in order to provide customers with more competitive, innovative, unique ICT products and solutions through core technological innovation.

Affected by the pandemic, Interop Tokyo 2020 canceled on-site demonstrations. Online demonstrations and ICT award selection activities were held from April 13 to June 30, instead. The conference showcased the most advanced technological innovation and practices in the industry. Gathering leading solutions in multiple fields, including AI, IoT, edge computing, and the industrial Internet, Interop Tokyo has helped to inject new vitality and confidence into the industry and, indeed, the wider world.

Demonstrating its "open, collaborative, and mutually beneficial" cooperation with partners, Huawei showcased a brand new digital intelligent ecosystem and relevant application cases, including 14 products and solutions. These cutting-edge offerings ably illustrated Huawei’s capabilities to comprehensively promote rapid digital and intelligent development in the ICT field. With continuous investment in new ICT technologies and ecosystems, and with the ongoing accumulation of global service experience, Huawei is gaining trust from an increasing number of industry-leading enterprises. To date, over 700 cities and 228 Fortune Global 500 companies — including 58 in the top 100 — have chosen Huawei as their digital transformation partner.

-Ends-

About Interop Tokyo

Interop Tokyo is one of the most widely-regarded network computing events in the industry, and the largest and most influential ICT exhibition in Japan. The Best of Show Award is Interop’s iconic prize. Each year, hundreds of solutions are reviewed by a panel of judges made up of leading industry experts and university professors. They select the most innovative products and solutions with the most cutting-edge technologies and the highest commercial value.

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http://www.huawei.com/cn

http://www.huawei.com

PR Newswire
Aetina Launches New Edge AI Computer Powered by the NVIDIA Jetson Platform

TAIPEI, June 5, 2020 /PRNewswire/ — Aetina Corp., a provider of high-performance GPGPU solutions, announced the new AN110-XNX edge AI computer leveraging the powerful capabilities of the NVIDIA® Jetson Xavier™ NX, expanding its range of edge AI systems built on the Jetson platform for applications in smart transportation, factories, retail, healthcare, AIoT, robotics, and more.

Aetina launch new edge AI computer powered by NVIDIA(R) Jetson Xavier(TM) NX.
Aetina launch new edge AI computer powered by NVIDIA(R) Jetson Xavier(TM) NX.

The AN110-XNX combines the NVIDIA Jetson Xavier NX and Aetina AN110 carrier board in a compact form factor of 87.4 x 68.2 x 52 mm (with fan). AN110-XNX supports the MIPI CSI-2 interface for 1x4k or 2xFHD cameras to handle intensive AI workloads from ultra-high-resolution cameras to more accurate image analysis. It is as small as Aetina’s AN110-NAO based on the NVIDIA Jetson Nano™ platform, but delivers more powerful AI computing via the new Jetson Xavier NX. With 384 CUDA® cores, 48 Tensor Cores, and cloud-native capability the Jetson Xavier NX delivers up to 21 TOPS and is the ideal platform to accelerate AI applications. Bundled with the latest NVIDIA Jetpack™ 4.4 SDK, the energy-efficient module significantly expands the choices now available for developers and customers looking for embedded edge-computing options that demand increased performance to support AI workloads but are constrained by size, weight, power budget, or cost.

Also, Aetina offers a full system, AN110-XNX-EN70 with fanless chassis enabling quick time to market. For backup support, Aetina offers BSP and DTB configuration updates for both standard and customized platforms in their service policy. The company is developing Jetson Xavier NX based edge computing platforms with 5G communications capability and full function browser-based edge device management. 

"Partnering with an edge-computing leader like NVIDIA supports our mission to deliver long-term embedded and industrial solutions to our customers across multiple industries," said Eric Chu, PM of Aetina Corp. As an NVIDIA Preferred Partner, Aetina focuses on delivering edge AI computing solutions based on the Jetson platform for embedded applications. NVIDIA Jetson is the leading AI-at-the-edge computing platform, with nearly half a million developers. With support for cloud-native technologies now available across the NVIDIA Jetson lineup, manufacturers of intelligent machines and developers of AI applications can build and deploy high-quality, software-defined features on embedded and edge devices targeting robotics, smart cities, healthcare, industrial IoT and more.

The AN110-XNX is available now. For more information, please contact us at [email protected] or visit our website at www.aetina.com.

Photo – https://photos.prnasia.com/prnh/20200605/2822494-1?lang=0

PR Newswire
TanvasTouch Surface Haptics named 2020 Display Component of the Year by the Society for Information Display

Tanvas joins fellow honorees Apple, Audi AG, BOE Technology, Corning, Samsung Display, and Toray Industries also recognized for this year’s most significant technological advances in displays

CHICAGO, June 4, 2020 /PRNewswire/ — Tanvas, Inc. (https://tanvas.co), pioneers of the next generation of multi-touch haptic technology, today announced its TanvasTouch surface haptic technology has received the 2020 Display Component of the Year award from the Society for Information Display (SID). The 26th annual awards recognize the most significant technological advances in displays.

"Every year, the SID team reviews industrywide nominations in search of the most innovative display technology and the competition is always fierce," said Dr. Helge Seetzen, President of SID. "This year’s recipients reflect the creativity of companies that pushed the boundaries of what’s possible and move our industry toward new breakthroughs. Tanvas stood out for its versatile surface haptic technology which has many practical applications across a broad range of markets. We are proud to shine a spotlight on the best of the best in display technology."

Seven winners – Apple, Audi AG, BOE Technology, Corning, Samsung Display, Tanvas and Toray Industries – were chosen by a distinguished panel of experts who evaluated the nominees based on degree of technical innovation and commercial significance, as well as potential for positive social impact. Tanvas – the smallest and only privately held company on the list – debuted the latest in multi-touch haptic technology. TanvasTouch surface haptics are programmable textures and tactile effects that can be felt with the swipe of a finger across a physically smooth touch-enabled surface.

"The unique solid-state construction of TanvasTouch combines multi-touch and haptics in a single controller. Together, the sensor and actuator surface provide very low latency response and make it easy to integrate as a display component," said Phill LoPresti, CEO of Tanvas. "This multimodal technology can combine with vibration-based haptics in automotive displays and surfaces as well as tablets, trackpads and any commercial display. As OEMs look for interesting ways to differentiate their products and applications, TanvasTouch provides an untapped opportunity to streamline designs and connect with end users in entirely new ways. With so many innovations in display technology, we are thrilled to see TanvasTouch acknowledged among a list of prestigious companies we regard so highly."

The SID category Display Components of the Year recognizes novel components that have significantly enhanced the performance of a display. A component is sold as a separate part destined to be incorporated into a display and may also include display-enhancing materials and/or parts fabricated with new processes. Earlier this year at CES 2020, Tanvas debuted its TanvasTouch Desktop Development Kit as well as a 15" automotive demonstration in collaboration with Innolux. The company also launched its first commercial product in collaboration with Mimo Monitors – a 10.1" display for digital signage and conference rooms.

This year’s SID award recipients will be honored at the 57th Display Week scheduled to take place August 3-7, 2020 as a virtual event. Display Week is the world’s leading event focused on emerging electronic display and visual information technologies from concept to market. For more information about TanvasTouch or to learn about surface haptic display technology, visit www.tanvas.co.  

About Tanvas, Inc.
Tanvas is pioneering the next generation of multi-touch haptic technology. Despite advances in graphics, sound and vibration, today’s touchscreen is still a lifeless window to the digital world. TanvasTouch surface haptics add a new dimension of interaction by bringing software-defined textures and feelings to flat, physical surfaces. TanvasTouch can be built into any touch-enabled product across many applications including automotive, retail, consumer electronics, visually impaired and custom displays. The company was spun out of Northwestern University and is headquartered in Chicago.

Media Contact:
Traci Hailpern
[email protected]  

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Related Links :

https://tanvas.co/

PR Newswire
Cheetah Mobile to Report First Quarter 2020 Financial Results on June 10, 2020

BEIJING, June 3, 2020 /PRNewswire/ —  Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading mobile internet company with global market coverage, today announced that it plans to release its first quarter 2020 financial results before the market opens on Wednesday, June 10, 2020. The earnings release will be available on the Company’s investor relations website at http://ir.cmcm.com.

Cheetah Mobile’s management will hold a conference call on Wednesday, June 10, 2020 at 8:00 A.M. Eastern Time or 8:00 P.M. Beijing Time to discuss the financial results. Listeners may access the call by dialing the following numbers:

International:

+1-412-902-4272

United States Toll Free:

+1-888-346-8982

Mainland China Toll Free:

4001-201-203

Hong Kong Toll Free:

800-905-945

Conference ID:  

Cheetah Mobile

The replay will be accessible through June 17, 2020 by dialing the following numbers:

International:

+1-412-317-0088

United States Toll Free:

+1-877-344-7529

Access Code:

10144811

A live and archived webcast of the conference call will also be available at the Company’s investor relations website at http://ir.cmcm.com.

About Cheetah Mobile Inc.

Cheetah Mobile is a leading mobile Internet company with global market coverage. It has attracted hundreds of millions of monthly active users through its mobile utility products such as Clean Master and Cheetah Keyboard, casual games such as Piano Tiles 2 and Bricks n Balls. The Company provides its advertising customers, which include direct advertisers and mobile advertising networks through which advertisers place their advertisements, with direct access to highly targeted mobile users and global promotional channels. The Company also provides value-added services to its mobile application users through the sale of in-app virtual items on selected mobile products and games. Cheetah Mobile is committed to leveraging its cutting-edge artificial intelligence technologies to power its products and make the world smarter. It has been listed on the New York Stock Exchange since May 2014.

Investor Relations Contact

Cheetah Mobile Inc.
Helen Jing Zhu
Tel: +86 10 6292 7779 ext. 1600
Email: [email protected]

ICR, Inc.
Xinran Rao
Tel: +1 (646) 417-5395
Email: [email protected]

 

Related Links :

https://www.cmcm.com/

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