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PR Newswire

Golden Bull Limited Extended The 2019 Annual Report Date, Appointed Directors and Executive, Received New Second Bid Price Compliance Period

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BEIJING, April 25, 2020 /PRNewswire/ — Golden Bull Limited (the “Company”) (Nasdaq: DNJR) is filing this Report on Form 6-K pursuant to an order under Section 36 of the Securities Exchange Act of 1934 modifying exemptions from the reporting and proxy delivery requirements for public companies (SEC Release No.34-88465 / March 25, 2020). The outbreak of the COVID-19 pandemic in mainland China greatly affected our operations and the preparation for and the actual audit of our financial statements for the year ended December 31, 2019. Commencing with the outbreak in December, it was difficult for our employees to resume work at our corporate office in Shanghai. All of our employees were asked to work from home. Some of our employees began to return to work in our office in early March. The preparation of audit materials was significantly delayed. Our auditors were initially scheduled to perform an 11-day field work starting on March 2, 2020. However, due to the delay of preparing audit materials and travel restrictions in Beijing and Shanghai, field work was delayed and rescheduled. The Company estimates that it will be able to file its Annual Report on Form 20-F on or before June 14, 2020.

Risk Factors

We are subject to various risks due to the coronavirus which have materially and adversely affected our operations and our business and financial condition.

We believe that our results of operations, business and financial condition have been and will continue to be adversely affected by the outbreak of COVID-19 in China. While the World Health Organization declared the outbreak a “Public Health Emergency of International Concern” on January 30, 2020, our operations were adversely affected since the outbreak in China in December 2019. Substantially all of our operations, including all of our employees and customers are in China. All of our employees were asked to work at home and did not begin to return to work until early March 2020.

Our operations were adversely affected by the following risks, among others: travel restrictions on our employees, customers and vendors; shortage of automobiles to lease; assorted logistics delays; liquidity issues; business operations disruptions; and the general economic downturn in the economy as a result of quarantined persons.

While the Chinese economy is slowly recovering, the duration of any economic downturn resulting from COVID-19 is uncertain. The full extent to which COVID-19 will impact our financial results and business condition will depend on future developments which cannot be predicted.

Appointment of Officer and Directors

On April 19, 2020, the Board of Directors of the Company (the “Board”) appointed Mr. Hong Yu as an executive director and Chief Strategy Officer of the Company, effective immediately.

On April 19, 2020, the Board appointed Mr. Yan Xiong as an independent director of the Company, effective immediately.

From 1999 to 2001, Mr. Yu studied at Changzhou Technology and Normal College. In 2008, Mr. Yu founded Quyou Gaming which was one of the largest Web Gaming Platforms in China. For more than the last five years Mr. Yu has been involved in founding gaming and start-up companies. In 2013, Mr. Yu worked as Senior VP of 360 Group when Quyou Gaming was acquired by 360 Group, In 2015, Mr. Yu founded Beijing Qingyun Interactive Technology Limited. In 2018, Mr. Yu initiated KFUND a crypto fund focusing on investments opportunities in blockchain and innovation. At 3 am February 11, 2018, Mr. Yu initiated “3AM” community which is very influential in the Chinese blockchain community.

The Company and Mr. Hong Yu entered into an employment agreement (the “Yu Employment Agreement” on April 20, 2020, pursuant to which the Company agreed to pay Mr. Yu one hundred thousand dollars (US $100,000) annually for serving as the Chief Strategy Officer of the Company starting from the effective date of the Yu Employment Agreement. The Company shall also reimburse Mr. Yu for reasonable and approved expenses incurred by him in connection with the performance of his duties under the Yu Employment Agreement. The Yu Employment Agreement is for a two-year term, automatically renewable for one-year terms unless terminated by either party within three months of the end of the applicable term. The agreement is terminable for Cause (as defined) or without Cause or upon a Change of Control (as defined), provided certain severance payments are made. The Yu Employment Agreement provides for non-competition and non-solicitation periods of one-year from termination of employment for any reason.

The Company and Mr. Hong Yu also entered into a director agreement (the “Yu Director Agreement”) on April 20, 2020, pursuant to which the Company agreed to pay Mr. Yu one thousand dollars (US $1000) per quarter for serving on the Board for a one-year period ,subject to a one-year renewal, starting from the effective date of the Yu Director Agreement. The Company shall also reimburse Mr. Yu for reasonable and approved expenses incurred by him in connection with the performance of his duties under the Yu Director Agreement.

Mr. Yu has no family relationship with any of the executive officers or directors of the Company. There have been no transactions in the past two years to which the Company or any of its subsidiaries was or is to be a party, in which Mr. Yu had, or will have, a direct or indirect material interest.

On April 19, 2020, the Board of Directors of the Company (the “Board”) appointed Mr. Yan Xiong as an independent director, effective immediately.

From September 1983 to July 1987, Mr. Yan Xiong studied and graduated from Hunan University Business School with a bachelor’s degree in Industrial Accounting. From August 1987 to December 1996, Mr. Xiong worked at Import and Outport Company of Hunan Province. From 1997 to December 2000, Mr. Xiong worked as the General Manager at Zhuhai Dajiaweikang Wujin Mineral Import and Outport Company. From 2001 to October 2013, Mr. Xiong worked as chairman of the board of directors at Guangzhou Kangsheng Bio-tech Limited. From 2014 to present, Mr. Xiong works as chairman of the board of directors at Guangzhou Kangsheng Pharmaceutical Technology Limited

The Company and Mr. Yan Xiong entered into an director agreement (the ” Xiong Independent Director Agreement” on April 20, 2020, pursuant to which the Company agreed to pay Mr. Xiong one thousand dollars (US$ 1000) per quarter for serving on the Board for a one-year term , subject to a one-year renewal, starting from the effective date of the Xiong Independent Director Agreement. The Company shall also reimburse Mr. Xiong for reasonable and approved expenses incurred by him in connection with the performance of his duties under the Xiong Independent Director Agreement.

Nasdaq Tolling of Bid Price Compliance Period

The Company has been notified by Nasdaq that Nasdaq has extended until December 7, 2020 the second grace period for the Company to regain compliance with the minimum $1.00 per share bid price. As previously announced by the Company, it can regain compliance by effecting a reverse stock split , if necessary, to evidence compliance for a minimum of 10 consecutive trading days.

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PR Newswire

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

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

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

Key financial highlights:

Quarter ended March 31, 2020

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

Year ended March 31, 2020

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

Other highlights:

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

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

  • Q4 deal wins with leading global clients:

New Clients:

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

Existing Clients:

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

About Mindtree

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

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

Safe harbour

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

For more information, contact:
INDIA
Tanuja Singh
Mindtree
+91-9741000266
Tanuja.Singh@mindtree.com

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

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

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PR Newswire

New Hitachi Vantara Virtual Storage Platform Drastically Lowers Data Storage Costs and Simplifies Data Infrastructure Management for Midsize Enterprises

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BANGKOK, April 24, 2020 /PRNewswire/ — Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501), today introduced Hitachi Virtual Storage Platform (VSP) E990, the company’s new storage platform for midsize enterprise customers.

The E990’s high performance and low latency supercharge business applications, and industry-leading data de-duplication guarantees storage cost reductions. Hitachi Ops Center‘s powerful artificial intelligence (AI)-driven management software can also dramatically simplify storage provisioning for AI, machine learning (ML) and containerized applications. The E990 with Hitachi Ops Center provides an NVMe all-flash option for Hitachi Vantara’s family of solutions for midsize enterprises, adding to a broad portfolio of powerful infrastructure solutions that feature best-in-class performance and include Hitachi’s signature 100% data availability guarantee for businesses of all sizes.

The company also unveiled EverFlex from Hitachi Vantara, a program that provides simple, elastic and comprehensive acquisition choices for the E990 and the entire Hitachi Vantara portfolio. EverFlex adds consumption-based pricing models that range from basic utility pricing, to custom outcome-based services, to Storage as a Service. It will align IT spend with business use for midsize enterprises, enabling effective ways to lower cost, avoid wasting capacity and eliminate disruption.

Industry-Leading Deduplication Reduces Storage Costs

With data volumes forecast to rise to 23%[1] and data storage budgets growing only 10%[2] on average, midsize enterprises urgently need solutions to reduce storage costs. The new Hitachi VSP E990 with Hitachi Ops Center delivers industry-leading 4:1 data deduplication – twice that of Hitachi’s closest competitor – guaranteeing to free up 75% of storage capacity[3].

AI-Enhanced Management Tools Radically Simplify Storage Provisioning

Industry analyst firm 451 Research, now a part of S&P Global Market Intelligence, suggests 43%[4] of storage buyers feel unprepared to support increased future demands. Hitachi Vantara VSP E990 combined with Ops Center directly addresses this challenge. Ops Center’s AI-enhanced management streamlines storage delivery by up to 90%[3] for demanding applications. It also reduces manual storage provisioning tasks by up to 70%[3] and delivers root cause issue analysis four times faster to accelerate troubleshooting.

Trusted Performance that Won’t Break the Bank

Hitachi Vantara VSP E990 addresses the data infrastructure reliability challenges that many enterprises continue to face: One-third of enterprises still suffer outages[5] or significant performance degradation as a result of storage reliability issues. VSP E990 delivers Hitachi Vantara’s long-standing leadership in reliability to midsize enterprises at a price point they can afford. It features an all-NVMe architecture with the industry’s leading and lowest-cost IOPS (as low as $0.03 per IOPS) and ultra-low latency for the most resource-hungry business applications.

Predictable Pricing and Flexible Consumption

New EverFlex adds greater choice in consumption-based pricing models that make pricing predictable for cloud-like storage usage. It starts by enabling customers to pay only for what they use and align technology spending with business use to reduce costs by up to 20%[3], eliminating the need to pay for the essential reserve capacity that every installation needs. Added services are available to further reduce costs and avoid disruptions to business by providing outcome-based operational services that help deliver more consistent service levels without placing additional burden on staff.

VSP E990 is Supercharged for Partners, too

The VSP E990 is ideal for partners to deliver innovation and benefits important to midsize enterprise customers. Hitachi Vantara continues to invest in its predictable, profitable and pioneering partner program with enablement tools, marketing resources and incentives designed for distributors and resellers focused on midsize enterprises. Read the blog post by Hitachi Vantara Channel Chief Kimberly King to learn more about the opportunity VSP E990 presents for partners and to read commentary from the company’s global partner community.

Supporting Quotes

“With its Virtual Storage Platform E990 system, Hitachi is upping the ante in midrange storage. The VSP E990 is an all-NVMe system that is both storage-class memory (SCM) and NVMe-over-fabric (NVMEoF) ready, can scale to nearly 6 million IOPS and well over 16 petabytes of effective capacity, provides a ‘no questions asked’ 4:1 data reduction guarantee based on just compression and deduplication, and is backed by Hitachi’s 100-percent data availability guarantee,” said Eric Burgener, research vice president, Enterprise Infrastructure Systems, Platforms and Technologies, IDC. “Midrange enterprises that need room to grow for their mission-critical workloads should look at the compelling value proposition offered by the Hitachi VSP E990.”

“The VSP E990 is really compelling, especially the software,” said Eros Tibor, Team Coordinator, Central European Data Center Compute & Storage Team, KBC Group. “I would buy it.”

“Hitachi Vantara has led the storage industry for decades with proven, reliable data solutions that are time-tested for performance, availability and scalability and backed by our pioneering 100% data availability guarantee,” said Joe Ong, Vice President and General Manager, ASEAN at Hitachi Vantara.

“The VSP E990 storage solution is highly applicable to mid-size and enterprise customers in ASEAN that value cost savings, or that may need modular systems to scale, especially in the hybrid cloud space,” he added.

“A best-in-class, all-flash NVMe storage solution, the VSP E990 is as reliable as high-performance enterprise infrastructure, yet it has agility, which is critical for stability. The robust solution together with the Hitachi Ops Center and AIOps works harder, so that our customers can work smarter for their customers.” 

Availability

Hitachi VSP E990, Hitachi Ops Center and EverFlex are available globally from Hitachi Vantara and its network of partners.

Additional Resources

[1] 451 Research, S&P Global Market Intelligence: “Voice of The Enterprise: Storage, Organizational Dynamics 2019”

[2] 451 Research, S&P Global Market Intelligence: “Voice of The Enterprise: Storage, Budgets and Outlook 2020”

[3] Based on Hitachi Vantara internal testing and/or industry-standard benchmarks against published claims of competitive products

[4] 451 Research, S&P Global Market Intelligence: “Voice of The Enterprise: Storage, Workloads and Key Projects 2019”

[5] 451 Research, S&P Global Market Intelligence: “Voice of The Enterprise: Storage, Vendor Evaluations 2019”

Connect With Hitachi Vantara

About Hitachi Vantara

Hitachi Vantara, a wholly-owned subsidiary of Hitachi, Ltd., guides our customers from what’s now to what’s next by solving their digital challenges. Working alongside each customer, we apply our unmatched industrial and digital capabilities to their data and applications to benefit both business and society. More than 80% of the Fortune 100 trust Hitachi Vantara to help them develop new revenue streams, unlock competitive advantages, lower costs, enhance customer experiences, and deliver social and environmental value. Visit us at www.hitachivantara.com.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is focusing on Social Innovation Business combining its operational technology, information technology and products. The company’s consolidated revenues for fiscal 2018 (ended March 31, 2019) totaled 9,480.6 billion yen (USD85.4 billion), and the company has approximately 296,000 employees worldwide. Hitachi delivers digital solutions utilizing Lumada in five sectors including Mobility, Smart Life, Industry, Energy and IT, to increase our customer’s social, environmental and economic value. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.

HITACHI is a trademark or registered trademark of Hitachi, Ltd. All other trademarks, service marks, and company names are properties of their respective owners.

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PR Newswire

EnigmaSoft Releases SpyHunter for Mac to Combat Mac Malware’s Unprecedented Rise

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DUBLIN, April 24, 2020 /PRNewswire/ — EnigmaSoft Limited has released SpyHunter for Mac, a powerful malware detection and removal product that brings advanced security and optimization technologies designed for and compatible with macOS®. Although historically it was commonly perceived that Mac® computers were more secure and not as susceptible to malware attacks as Windows systems, this perception has changed dramatically in recent years as Mac malware prevalence and complexity has expanded exponentially across the globe according to various reports.

SpyHunter for Mac - Free Malware Detection & Removal Tool
SpyHunter for Mac – Free Malware Detection & Removal Tool

SpyHunter for Mac is an anti-malware application that has been designed from the ground up to equip Mac users with the necessary tools to help keep their computer systems safe from today’s complex and ever-evolving malware threats. SpyHunter for Mac’s multi-layer scanner detects ransomware, trojans, viruses, botnets, adware, potentially unwanted programs, vulnerabilities, privacy issues (e.g., cookies), and unknown objects.

SpyHunter for Mac includes a vulnerability scanner that detects reported vulnerabilities in installed apps, which could potentially compromise a Mac system’s security and lead to data breaches, ransomware attacks and other disruptive issues. 

SpyHunter for Mac users can take advantage of its Optimization scan which offers easy-to-use features that locate and identify large and/or duplicate files that may unnecessarily waste valuable disk space. It can also flag unnecessary files such as application caches, app leftovers and other hard-to-locate files that users can selectively remove to free up additional disk space.

SpyHunter for Mac’s intuitive App Uninstaller feature provides users with a convenient way to easily uninstall unwanted apps. SpyHunter for Mac’s Startup Manager allows users to configure and fine-tune their Mac system startup settings to optimize the system boot process and custom tailor the user experience.

SpyHunter for Mac includes the Spyware HelpDesk, a built-in 24/7, one-on-one customer support service that directly connects SpyHunter subscribers and EnigmaSoft’s on-staff technical experts to provide assistance with malware issues.

To learn more and download SpyHunter for Mac (FREE!), please visit https://www.enigmasoftware.com/products/spyhunter/. 

About EnigmaSoft Limited
EnigmaSoft Limited is a privately held Irish company with offices & global headquarters in Dublin, Ireland. EnigmaSoft is best known for developing and distributing SpyHunter 5 & SpyHunter for Mac, advanced anti-malware apps. SpyHunter detects & removes malware, enhances Internet privacy, & eliminates security threats – addressing issues such as malware, ransomware, trojans and other malicious threats affecting millions of computer users.

Connect with EnigmaSoft: Twitter | Facebook | LinkedIn | YouTube

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PR Newswire

Pintec Selected as 2020 Asia Pacific “FinTech Fast 101” by IDC

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BEIJING, April 24, 2020 /PRNewswire/ — Pintec is included in the 2020 update of its FinTech Fast 101 research, released by IDC Financial Insights (IDC) in March 2020, which details a list of fast-growing FinTechs in Asia/Pacific excluding Japan (APEJ) from 11 key markets. The research refers to fast-growing fintech players from China, India, Indonesia, Singapore, Hong Kong, Thailand, Malaysia, the Philippines, Vietnam, South Korea, and Australia. The list outlines 41 the fastest growth fintech players in China market.

IDC applied its Triple U framework – ubiquity, utility, and usability – to determine this year’s FinTech 101 list. The framework evaluates fintech data across the key metrics including addressable market, customer adoption, investments, alliances and partnerships, innovation, chance of survival, and marketing. In this year’s FinTech 101 research, IDC defined fintech as new models for financial services offered through “nontraditional” vendors. It refers to the companies themselves as well as their products mostly focusing on start-ups delivering services built around the new models and technologies.

As a leading fintech solutions provider, Pintec is committed to providing intelligent technical solutions to business and financial partners, enabling them to provide financial services to end users efficiently and effectively. In recent years, Pintec’s state-of-the-art technical service solutions have served lots of financial and business institutions. Key partners include ICBC, aiBank, East West Bank, China Telecom, China Unicom, Ctrip, Qunar etc.  

In April 2020, Pintec established partnership with international technology giants Automation Anywhere and Blue Prism to help financial institutions drive digital transformation with Robotic Process Automation (RPA), an advanced tool to automate business processes. Going forward, Pintec will continue leverage its strong capabilities in technological innovation and rich experience in financial business to develop intelligent products to better serve the financial market worldwide.

About Pintec

Pintec is a leading fintech solutions provider. With its mission to “Power the Future of Finance”, Pintec aims to advance financial services by providing customized and modular fintech solutions to its financial and business partners, including point-of-sale financing solutions, personal installment loan solutions, business installment loan solutions, wealth management solutions and insurance solutions. The company operates a unique SaaS Plus service model. In addition to the industry-leading SaaS service platform, Pintec also offers a full suite of value-added solutions to its customers, including decision support, traffic enhancement, joint operations, and advisory services. Pintec has cooperated with a number of business and financial partners, including but not limited to Xiaomi, Qunar, Ctrip, China Telecom BestPay, Vip.com, Minsheng Securities, Orient Securities, Yunnan Trust, Guoyuan Securities, Bank of Nanjing, East West Bank, China National Investment & Guaranty Corporation, Fullerton Financial Holdings. On October 25, 2018, Pintec was officially listed on the Nasdaq Global Market with American depositary shares trading under the symbol “PT”.

For more information, please visit www.Pintec.com

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PR Newswire

MRI Software announces two key executive appointments to support global growth

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Global real estate solutions provider promotes longtime finance VP to Chief Financial Officer and brings in experienced software industry leader as SVP and Managing Director for Asia Pacific

SOLON, Ohio, April 23, 2020 /PRNewswire/ — MRI Software, a global leader in real estate software solutions, announces that it has strengthened its leadership team, promoting Roman Telerman to Chief Financial Officer from Vice President of Finance and appointing experienced software executive David Bowie as its Senior Vice President and Managing Director, Asia Pacific. Telerman provides invaluable organizational and financial leadership experience as the company continues its strong growth trajectory through organic development and acquisition, while Bowie brings more than 25 years’ experience in the APAC software space where MRI is expanding rapidly and now has an extensive client base.

David Bowie
David Bowie

“Roman has played an instrumental role at MRI through a period of significant growth and transformation,” said Patrick Ghilani, MRI Software’s Chief Executive Officer. “During his tenure, the company has grown topline revenue more than 6x and total employees tenfold to nearly 1,700 globally. Roman played an instrumental role in securing all of MRI’s acquisitions to date and has been the backbone around which the Finance team is currently structured. I am thrilled to congratulate him on becoming MRI Software’s Chief Financial Officer.”

With MRI since 2010, Telerman has seen the company expand its global presence from 35 countries to more than 170. Responsible for managing global financial strategy, operations and forecasting, he will continue to support MRI’s growth, scalability and financial health. He says: “I’m excited to further contribute to MRI’s growth strategy and execution as CFO. It has been a great journey so far and promises to offer new opportunities as we continue to grow into new real estate subsectors and extend our global reach.”

Based in Sydney, Bowie joins MRI from AI and analytics industry leader SAS, where he was Vice President and Managing Director for its Australia and New Zealand division, after holding leadership roles at IBM and Dimension Data. Bowie says: “I am eager to take up this new role to help steer further growth and support MRI’s expanding client base in APAC, where we have significant opportunity to bring continued innovations to the PropTech sector in the region.”

Ghilani says: “David brings critical experience in leading product innovation and ensuring top-caliber client support in APAC. He will be a huge asset to the executive team and is a proven industry leader who has spearheaded significant growth and transformation.”

Last year MRI acquired Rockend, the market-leading provider of residential property and strata management solutions in the ANZ PropTech sector, significantly expanding its offering in the region and bringing the largest residential footprint in Australia into the MRI fold. The company now has close to 6,000 clients and over 200 employees in the APAC region.

Telerman replaces Bruce Duner, MRI’s outgoing CFO, who joined in early 2019 and saw the company through a number of key acquisitions, as well as helping bring Harvest Partners onboard as an investor. Ghilani notes: “The contributions Bruce made to MRI will have a lasting impact on our future success, and we greatly appreciate his dedication and leadership. We wish him great success as he moves onto his next endeavor.”

About MRI Software
MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI’s comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses – from property-level management and accounting to investment modelling and analytics for the global commercial and residential markets. A pioneer of the real estate software industry, MRI develops lasting client relationships based on nearly five decades of expertise and insight. Through leading solutions and a rich partner ecosystem, MRI gives organizations the freedom to transform the way communities live, work and play while elevating their business and gaining a competitive edge. For more information, please visit mrisoftware.com.

MEDIA CONTACTS:

(UK) Platform Communications for MRI
Hugh Filman (+44 7905 044850)
or Zoe Mumba (+44 7725 832393)
mri@platformcomms.com

(US for MRI)
 Rachel Antman
+1 212-362-5837
rachel@saygency.com

Roman Telerman
Roman Telerman

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PR Newswire

51job, Inc. Files Annual Report on Form 20-F

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SHANGHAI, April 23, 2020 /PRNewswire/ — 51job, Inc. (Nasdaq: JOBS) (“51job” or the “Company”), a leading provider of integrated human resource services in China, announced today that its annual report on Form 20-F for the year ended December 31, 2019 has been filed with the U.S. Securities and Exchange Commission. The annual report on Form 20-F can be accessed through 51job’s investor relations website at http://ir.51job.com.

The Company will provide a hard copy of its annual report on Form 20-F, which includes its audited consolidated financial statements, free of charge to its shareholders and ADS holders upon request. Requests should be directed to the Investor Relations Department at Building 3, No. 1387 Zhang Dong Road, Shanghai 201203, People’s Republic of China.

About 51job

Founded in 1998, 51job is a leading provider of integrated human resource services in China. With a comprehensive suite of HR solutions, 51job meets the needs of enterprises and job seekers through the entire talent management cycle, from initial recruitment to employee retention and career development. The Company’s main online recruitment platforms (http://www.51job.com, http://www.yingjiesheng.com, http://www.51jingying.com, http://www.lagou.com, and http://www.51mdd.com), as well as mobile applications, connect millions of people with employment opportunities every day. 51job also provides a number of other value-added HR services, including business process outsourcing, training, professional assessment, campus recruitment, executive search and compensation analysis. 51job has a call center in Wuhan and a nationwide network of sales and service locations spanning more than 30 cities across China.

Contact:

Linda Chien
Investor Relations
51job, Inc.
+86-21-6879-6250
ir@51job.com

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Source: 51job, Inc.

PR Newswire

DevOps Enterprise Summit London Announces Virtual Conference Plans, Speakers from Global 2000 Companies

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The virtual conference takes place 23-25 June and is focused on bringing technology leaders from large, complex organizations together from around the world while delivering its coveted networking and immersive learning experience

PORTLAND, Oregon, April 23, 2020 /PRNewswire/ — IT Revolution, the industry leader for advancing DevOps, today announced the DevOps Enterprise Summit London 2020 will be going virtual (https://events.itrevolution.com/virtual/). The scheduled dates and times for the summit will remain the same, 23-25 June during British Summer Time to closely match the schedule of previous live conferences. In addition, IT Revolution has announced the next round of confirmed speakers for London, including technology leaders from adidas, IBM, Lufthansa, Maersk, Microsoft, Nationwide Insurance, Standard Bank, Swiss Re, and Verizon.

Learn more about the virtual DevOps Enterprise Summit in Gene Kim’s community letter: (https://itrevolution.com/devops-enterprise-summit-london-is-going-virtual-a-letter-from-gene)

Amidst growing concern surrounding the COVID-19 pandemic, IT Revolution has updated registration deadlines and cancellation policies accordingly. Registration ($480) will be limited to 3,000 attendees to ensure the Slack channels for the event do not become overwhelmed. Those who register within the first two weeks will receive a 50 percent discount, bringing the price down to $240.

To secure the best registration price for the three-day, immersive learning virtual event for technology and business leaders practicing DevOps transformation, visit: (https://events.itrevolution.com/virtual/)

Newly confirmed speakers for DevOps Enterprise Summit London 2020 include:

  • John Allspaw, Principal/Founder, Adaptive Capacity Labs
  • Kolton Andrus, CEO and Co-Founder, Gremlin
  • Kira Barclay, Director, Analytics, John Deere
  • Jill Campbell, Principal Group Program Manager, Edge, Microsoft
  • Craig Cook, DevOps Coach, IBM
  • Fernando Cornago, Senior Director, Vice President, Platform Engineering, adidas
  • Tim Dempsey, Delivery Director, Coats PLC
  • Daniel Eichten, Head of Enterprise Architecture, adidas
  • Bryan Finster, Delivery Systems Engineer, Walmart
  • Ann Marie Fred, DevOps and Security Lead, IBM
  • Sam Guckenheimer, Product Owner, Azure DevOps, Microsoft
  • Rasmus Hald, Head of Cloud Center of Excellence, Maersk
  • James Head, Founder, Rebellion Consulting
  • Suzette Johnson, Northrop Grumman Fellow, Northrop Grumman
  • Christopher Kistasamy, IT Executive Head, Engineering Practices, Standard Bank
  • Rusty Lewis, IT Auditor, Nationwide Insurance
  • Thomas Limoncelli, SRE Manager, Stack Overflow
  • Rene Lippert, DevOps Evangelist, Lufthansa Systems GmbH & Co
  • Clarissa Lucas, Audit Director, Nationwide Insurance
  • Stephen Magill, CEO, MuseDev
  • Guillermo Martinez, Head of DevOps, Accenture
  • Victoria Mayo, Head of Compliance- iptiQ EMEA P&C, Swiss Re
  • Jeff McAffer, Senior Director of Product, GitHub
  • Paul McMahon, Global Director of Technology and Innovation, Coats PLC
  • Stacie Peterson, Vice President, US Bank
  • Corey Quinn, Cloud Economist, The Duckbill Group
  • Rosalind Radcliffe, Distinguished Engineer, Chief Architect for DevOps for Enterprise Systems, IBM
  • Mark Schwartz, Author, War and Peace and IT: Business Leadership, Technology, and Success in the Digital Age
  • Roger Servey, Senior Manager, Systems Engineering, Verizon
  • Richard Vodden, Platform Infrastructure Lead, Babylon Health
  • Nate Vogel, VP Data Platforms, Charter Communications
  • Robin Yeman, LM Fellow, Lockheed Martin

“The DevOps Enterprise community has demonstrated over and over its skills of overcoming unforeseen challenges. They will certainly continue to be a force for good in helping organizations cope with the unprecedented challenges posed by COVID-19. We are excited to further the work of this amazing community, whose mission goes on,” said Gene Kim, founder of IT Revolution, Wall Street Journal bestselling author of The Unicorn Project, and co-author of The Phoenix Project, The DevOps Handbook and Accelerate.

“In response to COVID-19, to serve the best interest of our attendees, speakers, and the greater DevOps community, we will be moving the London summit to a virtual setting and remain focused on carrying out the mission of our amazing community. I am fully aware that achieving the type of magic that occurs at a physical conference is difficult to do in a virtual format, but I’d like to set your expectations that this event will be, if not the best, as close to as awesome of an experience as the previous DevOps Enterprise Summits we’ve run.”

DevOps Enterprise Summit is a conference for technology leaders and practitioners at large, complex organizations implementing DevOps principles and practices. The event programming emphasizes the next-generation operations and infrastructure needed to lead widespread change efforts in large organizations.

The virtual London event features keynotes, panels, breakouts, a community space for spontaneous gatherings, and other networking and collaborative activities to enhance the virtual learning experience for attendees. Sessions will be led by leaders who are pioneering these practices in large and complex organizations across a wide range of industries.

About IT Revolution
IT Revolution (https://itrevolution.com/) assembles technology leaders and practitioners through publishing, events, and research. Our goal is to elevate the state of technology work, quantify the economic and human costs associated with suboptimal IT performance, and to improve the lives of technology professionals.

Contact:
Jeremy Douglas
Catapult PR-IR
303-581-7760, ext. 16
jdouglas@catapultpr-ir.com

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PR Newswire

Gridsum Receives NASDAQ Notice Regarding Non-Compliance with Minimum Bid Price Requirement

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BEIJING, April 23, 2020 /PRNewswire/ — Gridsum Holding Inc. (“Gridsum” or the “Company”) (NASDAQ:GSUM), a leading provider of cloud-based big-data analytics and artificial intelligence (“AI”) solutions in China, today announced that on April 17, 2020, it received a letter (the “Nasdaq Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”), indicating that for the last thirty consecutive business days, the bid price for the Company’s American depositary shares (the “ADSs”), each representing one Class B ordinary share of the Company, had closed below the minimum $1.00 per ADS required for continued listing under Nasdaq Listing Rule 5550(a)(2).

The Nasdaq Letter has no immediate impact on the listing of the ADSs on Nasdaq. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a 180-calendar day grace period to regain compliance with the minimum bid price requirement. The continued listing standard will be met if the closing bid price of the ADSs is at least $1.00 per ADS for a minimum of ten consecutive business days during such compliance period.

The Nasdaq Letter further indicated that Nasdaq filed an immediately effective rule change with the U.S. Securities and Exchange Commission on April 16, 2020. Pursuant to the rule change, Nasdaq tolled the compliance period for bid price and market value of publicly held shares requirements through June 30, 2020. As a result, the 180-day compliance period will be reinstated on July 1, 2020, and expire on December 28, 2020. Accordingly, if at any time during the tolling period or the 180-day compliance period the closing bid price of the Company’s ADSs is at least $1.00 per ADS for a minimum of ten consecutive business days, the Company will regain compliance with Nasdaq Listing Rule 5550(a)(2), and Nasdaq will provide the Company with written confirmation of compliance.

If the Company does not regain compliance with Rule 5550(a)(2) by December 28, 2020, the Company may be eligible for an additional 180-calendar day compliance period. To qualify, the Company must submit to Nasdaq an application to transfer its Nasdaq listing from the Nasdaq Global Select Market to the Nasdaq Capital Market. Additionally, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement, and would need to provide written notice of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split if necessary. However, if Nasdaq concludes that the Company will not be able to cure the deficiency, or if the Company determines not to submit a transfer application or make the required representation, Nasdaq would notify the Company that its securities will be subject to delisting. In the event of such a notification, the Company may appeal Nasdaq’s determination to delist its securities, but there can be no assurance that Nasdaq would grant any request for continued listing.

The Company intends to monitor the bid price of its ADSs and consider available options if its ADSs do not trade at a level likely to result in the Company regaining compliance with Nasdaq Listing Rule 5550(a)(2) by December 28, 2020. However, there can be no assurance that the Company will be able to regain compliance or that Nasdaq will grant the Company a further extension of time to regain compliance, if necessary.

This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.

About Gridsum

Gridsum Holding Inc. (NASDAQ: GSUM) is a leading provider of cloud-based big-data analytics and AI solutions for multinational and domestic enterprises and government agencies in China. Gridsum’s core technology, the Gridsum Big Data Platform and the Gridsum Prophet: Enterprise AI Engine, is built on a distributed computing framework and performs real-time multi-dimensional correlation analysis of both structured and unstructured data. This enables Gridsum’s customers to identify complex relationships within their data and gain new insights that help them make better business decisions. The Company is named “Gridsum” to symbolize the combination of distributed computing (Grid) and analytics (sum). As a digital intelligence pioneer, the Company’s mission is to help enterprises and government organizations in China use data in new and powerful ways to make better-informed decisions and be more productive.

For more information, please visit http://www.gridsum.com/.

Safe Harbor Statement

This announcement contains forward-looking statements. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “may,” “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Forward-looking statements involve inherent risks and uncertainties. Many factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to general economic conditions in China, unexpected difficulties in pursuit of our business strategy, unpredictable demand for solutions we have developed, difficulties keeping and strengthening relationships with existing customers or expanding our customer base, availability of additional capital when needed, uncertainties associated with our repayment of indebtedness and our ability to maintain listing for trading on The Nasdaq Stock Market, and uncertainty about the Proposal. Further information regarding these and other risks is included in Gridsum’s annual report on Form 20-F and other reports filed with, or furnished to, the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Gridsum undertakes no duty to update such information except as required under applicable law.

Investor Relations

Gridsum
ir@gridsum.com

Christensen

In China
Mr. Christian Arnell
Phone: +86-10-5900-1548 
Email: carnell@christensenir.com

In U.S. 
Mr. Tip Fleming 
Phone: +1 917 412 3333 
Email: tfleming@christensenir.com

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Source: Gridsum Holding Inc.

PR Newswire

Exadel Announces Appery.io COVID-19 Virtual Hackathon to Engage Global Developer Community

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Global hackathon invites developers to build digital solutions designed to support individuals and businesses during coronavirus pandemic

WALNUT CREEK, Calif., April 22, 2020 /PRNewswire/ — Exadel (www.exadel.com), a global provider of digital platform engineering solutions and services, today announced it will be hosting the “Appery.io COVID-19 Virtual Hackathon” that invites developers from all over the world to build digital solutions that solve challenges posed by the Coronavirus. The Appery.io COVID-19 Virtual Hackathon begins April 22, 2020 at 9 a.m. PDT with final submissions due May 6, 2020 by 11:59 p.m. PDT. Applications will be judged by a panel of experts with up to $1,000 in cash prizes awarded.

Sign-up for the Appery.io COVID-19 Virtual Hackathon today: (https://covid.appery.io/)

Using Appery.io, a low-code application development platform created by Exadel and used by nearly 500,000 developers worldwide, participants are encouraged to build applications that help groups and businesses most impacted by COVID-19. Projects should focus on areas like healthcare, mental health, assistance for the elderly or vulnerable, improving remote work, financial stability or maintaining a sense of community. Developers are free to be as innovative and unique as possible with minimal restrictions on application type or theme.

Participants are welcome to register and submit their applications starting April 22, 2020. Submissions close May 6, 2020 and will be judged by a panel of experts according to a range of relevant criteria. A virtual, live ceremony will take place on May 10, 2020 where finalists will be recognized. Prizes will be awarded as follows:

  1. First-Place – $1,000 and an Appery.io Annual Pro Subscription
  2. Second-Place – $500 and an Appery.io Annual Pro Subscription
  3. Third-Place – $250 and an Appery.io Annual Pro Subscription

For more information on how to get started, FAQ’s and guidelines please visit: (https://covid.appery.io/)

“While physical interaction is being limited in many global communities, it’s important to find ways to connect and support one another in alternative settings,” said Fima Katz, CEO and President of Exadel. “By hosting this hackathon, we hope to bring together the developer community in a meaningful way where they can innovate and experiment with projects aimed at helping those who need it most. We look forward to reviewing and gaining inspiration from the submissions.”

Tweet this: .@exadel announces @apperyio COVID-19 Virtual Hackathon to bring together community to build projects aimed at solving common challenges faced today #ApperyHackathon

About Exadel

Exadel is a leading digital platform engineering services provider. Through technical software development, Exadel helps Fortune 500 clients accelerate their digital transformations by providing innovative solutions, services and engineering expertise. Exadel enables clients to engage competitively with their customers by delivering products and platforms at optimal efficiency. With 20+ locations and delivery centers across the US and Europe, Exadel solves the most complex engineering problems using recognized agile practices, offering a high-quality and skilled mix of multi-shore resources with deep knowledge of advanced technologies. 

About Appery.io

Appery.io is a low-code, rapid development, integration and deployment platform created by Exadel for delivering cross-device apps in the enterprise. It combines enterprise-grade integration middleware with a browser-based rapid development environment and mobile backend services to accelerate enterprise mobilization. Appery.io enables developers and business analysts to rapidly create and run apps that help businesses of all sizes increase revenues and improve productivity.

Media Contact:
Olivia Heel
Catapult PR-IR
303-581-7760
oheel@catapultpr-ir.com

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