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PR Newswire

CLPS Incorporation Signs Partnership Agreement with an Established China-Listed Financial IT Company

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HONG KONG, June 12, 2020 /PRNewswire/ — CLPS Incorporation (Nasdaq: CLPS) (“CLPS” or “the Company”), today announced that it has signed a Memorandum of Cooperation (“Memorandum”) with a Chinese company listed on one of the domestic Chinese stock exchanges (“Partner”).

The Partner is an established financial IT company in China and one of China’s leading financial asset risk management solution providers. As such, the Partner has maintained high market share in its sector for many years.

Through the Memorandum, CLPS and its Partner have agreed to leverage each other’s advantages and resources, including advanced technology research efforts, new product development and promotion, information technology and management talent training initiatives, domestic and overseas market business development, and financial IT project delivery. In addition, both parties will explore joint investment opportunities going forward.

Mr. Raymond Lin, Chief Executive Officer of CLPS, said, “We hope to continuously expand our globally competitive business through industry cooperation and mutual promotion with market leaders. The complementary advantages of this partnership will enable us to achieve further growth in the financial IT field.”

About CLPS Incorporation

Headquartered in Hong Kong, CLPS Incorporation (the “Company”) (Nasdaq: CLPS) is a global leading information technology (“IT”) consulting and solutions service provider focusing on the banking, insurance, and financial service sectors. The Company serves as an IT solutions provider to a growing network of clients in the global financial service industry, including large financial institutions in the US, Europe, Australia, and Hong Kong SAR, and their PRC-based IT centers. The Company maintains 18 delivery and/or research & development centers to serve different customers in various geographic locations. Mainland China centers are located in Shanghai, Beijing, Dalian, Tianjin, Baoding, Chengdu, Guangzhou, Shenzhen, Hangzhou, and Suzhou. The remaining eight global centers are located in Hong Kong SAR, USA, UK, Japan, Singapore, Malaysia, Australia, and India. For further information regarding the Company, please visit: http://ir.clpsglobal.com/, or follow CLPS on Facebook, LinkedIn, and Twitter.

Forward-Looking Statements

Certain of the statements made in this press release are “forward-looking statements” within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to the Company’s beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance. Known and unknown risks, uncertainties and other factors, which may be beyond the Company’s control, may cause the actual results and performance of the Company to be materially different from such forward-looking statements. All such statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties related to the Company’s expectations of the Company’s future growth, performance and results of operations, the Company’s ability to capitalize on various commercial, M&A, technology and other related opportunities and initiatives, as well as the risks and uncertainties described in the Company’s most recently filed SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

Contact:

CLPS Incorporation 
Email: ir@clpsglobal.com

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PR Newswire

P&G and Shopee drive record sales at first-ever experiential online initiative, Show Me My Home, with more than 15x increase in orders

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KUALA LUMPUR, Malaysia, June 12, 2020 /PRNewswire/ — Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, and Procter & Gamble (NYSE:PG), a leading fast-moving consumer goods company, achieved strong performance for their first-ever experiential online initiative, Show Me My Home. The initiative recorded more than 15x increase in orders at peak day[1], and it is a key activation under the recently signed regional Joint Business Plan (JBP) between Shopee and P&G. The JBP marks a joint commitment between Shopee and P&G to improve the online shopping experience for users across the region, and to provide convenient and easy access to quality FMCG products on Shopee.  

Shankar Viswanathan, Vice-President, P&G Malaysia, Singapore, Vietnam and E-Commerce, P&G Asia Pacific, Middle East & Africa (left), and Chris Feng, CEO, Shopee (right), at the official Joint Business Plan signing [Photo taken before circuit breaker]
Shankar Viswanathan, Vice-President, P&G Malaysia, Singapore, Vietnam and E-Commerce, P&G Asia Pacific, Middle East & Africa (left), and Chris Feng, CEO, Shopee (right), at the official Joint Business Plan signing [Photo taken before circuit breaker]

Chris Feng, CEO at Shopee, said, “As we transit into the new normal, e-commerce has taken on greater importance in people’s lives. Consumers are increasingly going online to fulfil their everyday needs, and it is important for businesses to remain agile and adapt quickly. The success of P&G’s online debut of the Show Me My Home initiative on Shopee is proof of that. By merging P&G’s portfolio of leading FMCG brands and retail expertise with Shopee’s wealth of insights on online shoppers’ behaviour and preferences, it allowed us to deliver a novel, experiential online home shopping experience for consumers across the region. This success has inspired us to continue innovating to provide the best for our users, and we are excited to work closely with P&G going forward.”

Shoppers enjoyed greater convenience with Show Me My Home

The Show Me My Home initiative was initially an offline concept which was well-received among both consumers and retailers. With a shared vision to serve the region’s increasingly savvy digital consumers at scale, P&G leveraged Shopee’s technology expertise and insights on online shoppers to optimize and scale the experience online. Through this partnership, P&G and Shopee successfully piloted the online version of Show Me My Home, recording more than 15x increase in orders at peak day. The Show Me My Home initiative offered greater convenience as shoppers could easily find what they needed as the microsite simulated the household environment. This novel way of shopping online successfully captured shoppers’ attention with an overall increase in traffic for P&G.  

Fostering meaningful connections with Shopee’s in-app engagement features 

As people spend more time online, brands are also increasingly finding new ways to interact and engage with their consumers. As part of the Show Me My Home initiative, P&G leveraged Shopee’s engagement features to foster deeper and meaningful connections with their consumers.

  • Shopee Live: P&G tapped on Shopee Live to engage consumers with a special series of live streams featuring popular local celebrities. The biggest stars, including Yuna, Iman Azman and Preston Kaw shared with fans and Shopee users their favourite P&G products, as well as provided tips on how to use them.
  • Shopee Throw: Users visited Shopee daily to play Shopee Throw, an in-app game where users can win exclusive P&G vouchers and prizes by throwing arrows onto a target on the Shopee app. The game was played over 600,000 times in 5 days, offering added entertainment and value to consumers while they shopped for their favourite P&G brands.      

Show Me My Home marks the first of many initiatives under the recent regional JBP between Shopee and P&G. The JBP aims to better serve and capture the hearts of online shoppers in the region by providing a seamless access to P&G’s wide range of leading brands and products. This agreement will see P&G broadening its multi-brand portfolio offerings on Shopee and tapping on Shopee’s big data analytics capability to provide a personalised customer journey via precise marketing. In addition, P&G will leverage Shopee Brands Suite, a comprehensive set of support tools, such as Shopee Live, to help brand partners better reach and connect with consumers. 

“At P&G, we are continually trying new ways to personalize and engage our consumers be it offline or online. The encouraging results we have achieved from this campaign proves the partnership with Shopee to be very successful as we managed to engage more meaningfully with our consumers on digital platforms. We look forward to evolving with the customer as we work closely with Shopee to execute future innovations online, serving more regions and value-adding to digital transactions,” adds Shankar Viswanathan, Vice President, E-Commerce, Asia Pacific, Middle East and Africa.

With the success of the Show Me My Home initiative, P&G and Shopee will be bringing it back on 15 June 2020, featuring another round of exclusive deals and promotions from popular P&G brands including Olay, Pantene, and Ambi Pur. 

To know more, visit https://shopee.com.my/m/pg-mid-year-sale

[1] Compared to average day in 2020

Appendix

For a full list of P&G products available on Shopee’s Show Me My Home Campaign, please visit this website.

About Procter & Gamble

P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit http://www.pg.com for the latest news and information about P&G and its brands.

About Shopee

Shopee is the leading e-commerce platform in Southeast Asia and Taiwan. It was launched in 7 markets in 2015 to connect consumers, sellers, and businesses in the region. Shopee offers an easy, secure, and engaging experience that is enjoyed by millions of people daily. It offers a wide product assortment, supported by integrated payments and logistics, as well as popular entertainment features tailored for each market. Shopee is also a key contributor to the region’s digital economy with a firm commitment to helping brands and entrepreneurs succeed in e-commerce.

Shopee is a part of Sea Limited (NYSE:SE), a leading global consumer internet company. In addition to Shopee, Sea’s other core businesses include its digital entertainment arm, Garena, and digital financial services arm, SeaMoney. Sea’s mission is to better the lives of consumers and small businesses with technology.

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PR Newswire

Pasternack Debuts New Vehicular Antennas, GPS Timing Antennas and Portable UHF Antenna

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New Antennas Offer Highest Levels of Performance and Durability

IRVINE, Calif., June 12, 2020 /PRNewswire/ — Pasternack, an Infinite Electronics brand and a leading provider of RF, microwave and millimeter wave products, has introduced a new line of GPS timing antennas, vehicular antennas, and a 118-174 MHz tunable, telescopic antenna to address mobile wireless, portable instrumentation and wireless monitoring applications.

New Vehicular Antennas
New Vehicular Antennas

Pasternack’ s new GPS/GLNSS antennas provide precise reception of satellite timing signals and reference frequencies for use in advanced mobile and base station network applications. These IP67-rated outdoor antennas are suitable for use in harsh environments. The combinations of NMO mount with integrated GPS and GLNSS antennas feature a 30 dB gain LNA for the GPS models and a 28 dB gain LNA for the GPS/GLNSS models, and both are IP66-rated for use in harsh environments.

The 12 new vehicular poly spring and poly flex antennas feature wideband and tunable models, and ground dependent and ground independent models that handle up to 150 watts of input power. The vehicular antenna kits support frequency ranges of 108 MHz to 870 MHz and include a duplexer, NMO mounts, two antennas, coaxial cable and crimp-on Type-N connectors.

Pasternack’s glass-mount antenna supports frequency ranges of 824-960/1710-2170 MHz and features 2 dBi gain. A new PE51TW1000 portable UHF antenna offers high performance in the UHF frequency range of 118-174 MHz, is field tunable, and features a flexible support mast and telescopic radiator.

“This new antenna line was developed to address the growing need for wireless communications in vehicular applications, including public safety, and applications requiring network time synchronization and precision frequency reference. Our new GPS and vehicular antennas provide users with durable, high-quality solutions to a wide range of mobile communication applications,” said Gabriel Guglielmi, Vice President of Product Management.

Pasternack’s new GPS, vehicular and portable UHF antennas are all in stock and available for same-day shipping with no minimum order requirement.

For inquiries, Pasternack can be contacted at +1-949-261-1920.

About Pasternack:
A leader in RF products since 1972, Pasternack is an ISO 9001:2015 certified manufacturer and supplier offering the industry’s largest selection of active and passive RF, microwave and millimeter wave products available for same-day shipping. Pasternack is an Infinite Electronics brand.

About Infinite Electronics:
Based in Irvine, Calif., Infinite Electronics offers a broad range of components, assemblies and wired/wireless connectivity solutions, serving the aerospace/defense, industrial, government, consumer electronics, instrumentation, medical and telecommunications markets. Infinite’s brands include Pasternack, Fairview Microwave, L-com, MilesTek, Aiconics, KP Performance Antennas, PolyPhaser, Transtector, RadioWaves, ShowMeCables, INC-Installs and Integra Optics. Infinite Electronics serves a global engineering customer base with deep technical expertise and support, with one of the broadest inventories of products available for immediate shipment.

Press Contact:
Peter McNeil 
Pasternack 
17792 Fitch 
Irvine, CA 92614 
(978) 682-6936

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PR Newswire

Miaozhen Systems: 31.9% of digital ad traffic was invalid in China 2019, costing the industry 28 billion RMB

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BEIJING, June 12, 2020 /PRNewswire/ — A new report by Miaozhen Systems, China’s leading omni measurement and business intelligence analytics solutions provider, has found that 31.9% of all online advertising traffic in China was invalid in 2019, costing the China brand marketing industry an estimated 28 billion RMB.

The report, “China Digital Advertising Invalid Traffic Report in 2019”, is the first of its kind to examine invalid traffic in new advertising formats and media. In addition to PC and mobile ads, this report analyzed the state of invalid data in NEW TV ads, offline and outdoor ads, online consumer leads, social media ads, KOL marketing, and more. With data collected from 65,000 campaigns by 2,000 brands across 1,200 platforms, it is the most accurate and comprehensive report on this subject to date.

Key findings for 2019 are summarized below:

  • Invalid traffic (IVT) made up 31.9% of all digital advertising traffic in China, up 1.7pp from 2018;
  • 39.9% of vertical media traffic was invalid; IT verticals had the highest IVT rate at 49%, up 14pp from 2018;
  • Across industries, internet and communications saw the greatest IVT increase (up 6.3pp from 2018) and suffered the highest IVT rate;
  • 10% of NEW TV ad traffic was invalid; agencies contributed the most invalid exposure;
  • 26% of all online consumer sales leads were invalid, with major implications for auto and other industries that rely on online lead collection;
  • 4.2% of outdoor advertising was invalid or not displayed;
  • 48% of social media advertising traffic was invalid. On average, 57.5% of KOL fans were invalid, with baby & mom KOLs having the highest rate of invalid fans (65.1%).

Since 2013, Miaozhen has been dedicated to the healthy development of the China digital marketing ecosystem. Besides contributing to national digital marketing industry standards, Miaozhen offers innovative, cutting-edge IVT filtration and influencer evaluation solutions to help make the industry more transparent and trustworthy. Clients who used Miaozhen’s intelligent IVT filtration solution SmartVerify had an average IVT rate of 4.7%, far lower than the 2019 average of 31.9%, and saved an estimated total of 4.5 billion RMB that would have been lost to invalid traffic.

To learn more about Miaozhen Systems, please visit www.miaozhen.com.

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PR Newswire

FICO Survey: Philippine Consumers more Comfortable Opening Bank Accounts with Smartphones than Americans and British

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26 percent of Filipinos prefer to open a bank account on their phone compared to 18 percent in the US and 25 percent in the UK

MANILA, Philippines, June 12, 2020 /PRNewswire/ —

Do Identity Checks by Philippine Banks Turn Away Customers?
Do Identity Checks by Philippine Banks Turn Away Customers?

Highlights:

  • The FICO Consumer Digital Banking Survey examines the preferences Filipino consumers have with digital bank account opening
  • The study found 26 percent of Filipinos prefer to open a bank account on their phone compared to 18 percent in the US and 25 percent in the UK
  • 76 percent of Filipino consumers said they would open a financial account online
  • Identity verification with too much friction could cost organizations over 40 percent of new account openings

More information: https://www.fico.com/identity

FICO, a global analytics software firm, has released its Consumer Digital Banking Survey which found Philippine consumers are more comfortable opening bank accounts on their smartphones than consumers in the US and the UK.

The study showed that 26 percent of Filipinos prefer to open a bank account on their phone, compared to 18 percent in the US and 25 percent in the UK.

“Filipino consumers are digital natives,” said Subhashish Bose, FICO’s lead for fraud, security and compliance in Asia Pacific. “Around 40 percent of Filipinos have a smartphone and according to a recent study they rank in the top 10 mobile internet users globally, spending an average of 4.58 hours a day on their phones.”

The study showed that digital account opening is rapidly becoming the norm in the Philippines, with 76 percent of consumers saying they would open some kind of financial account online.

Of those that would open a financial account online, 40 percent would consider doing so for an everyday transaction account, 38 percent for a credit card and 33 percent for a personal loan.

Bucking expectations, it was older consumers in the Philippines who were more likely to be leading the digital push with the youngest Filipinos being the laggards.

  • 46 percent of those over 55 years of age said they would open a bank account online
  • 40 to 45 percent of 25-34, 35-44 and 45-54 year-olds said they would do the same
  • While just 28 percent of 18-24-year-olds would open a bank account online

“The truth in the numbers here is far more nuanced,” explained Bose. “Younger Filipinos are adept at using smartphones and computers, however, many do not have the required identification forms to open bank accounts at a young age, don’t have regular income or are presented with bank account options that are not appealing. For example, many bank accounts in the Philippines require a minimum balance to avoid monthly account-keeping fees.

“As consumers’ reliance on online services grows in response to COVID-19, we expect further shifts in adoption and indeed an acceleration and acceptance in opening bank accounts digitally. It is important that banks closely examine any points of friction in their application process to ensure consumers are not abandoning a process or switching to a competitor,” said Bose.

Filipinos expect account opening to be fully digital

The survey found that a large percentage of Filipinos had an expectation that they should be able to complete all aspects of account opening online or on their phone.

Out of the regular identity checks needed to open an account, 67 percent of Filipinos thought they should be able to prove their identity by scanning documents or providing a selfie, 47 percent expected to prove where they live without going offline and 45 percent said they should be able to set up a biometric such as a fingerprint scan at account opening.

If all actions required to complete an account opening cannot be accomplished in-session, only 41 percent of respondents said they would carry out the necessary offline actions as soon as possible.

Around 33 percent thought they would eventually complete offline actions such as taking a phone call, posting documents, or visiting a branch. A further 13 percent said they would try a competitor while 5 percent said they would give up completely. Overall findings demonstrated that financial institutions in the Philippines that don’t facilitate a completely digital account opening experience could lose over 40 percent of their new business.

“There is research to show that only 6 to 9 percent of applicants move through the funnel and complete the process,” said Bose. “Banking executives should review the application completion for authenticated versus non-authenticated applications, as well as how many applicants with saved or abandoned applications return to complete the process.”

FICO’s Consumer Digital Banking Survey was produced using an online, quantitative poll of 5,000 adults (over 18) across 10 countries carried out on behalf of FICO by an independent research company. The countries surveyed were: Brazil, Canada, Germany, Malaysia, Mexico, Philippines, Sweden, UK and the USA.

About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 195 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, manufacturing, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.

Join the conversation on Twitter at @FICOnews_APAC.

FICO is a registered trademark of Fair Isaac Corporation in the US and other countries

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PR Newswire

TECH I.S. Fixes ‘the E-learning Bug’ by Filling the Gap Between the New Age E-learning and Old School Learning

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TOKYO, June 12, 2020 /PRNewswire/ — Due to COVID-19 pandemic, lots of business operations and services took a hit and it is totally unclear when these operations will resume normalcy. Many people use the isolation time to learn new things and acquire new skills, as a result Edu-Tech is booming in this pandemic situation. However, E-Learning has one problem. Almost 95% of candidates or students give-up due to lack of guidance of coding or motivation.

TECH I.S. - SKILL WHAT YOU CAN LEARN
TECH I.S. – SKILL WHAT YOU CAN LEARN

To solve this problem, TECH I.S. offers programs where students can get on a Zoom call with tutors and learn programming and they can also get career guidance from their dedicated consultant so they can start their professional career as programmers once they complete their course.

As a global programming school curated to fill the void in the Edu-Tech space, TECH I.S. has three branches in Silicon Valley (USA), Tokyo (Japan) and Bengaluru (India). The majority of the curriculum is made by Silicon Valley engineers, which includes Web Application Development and Data Science course. TECH I.S. was started from Japan as an offline programming school and helped over 300 students to become professionals in the Information Technology industry with industry-relevant curriculum and to make a professional web application portfolio.

TECH I.S. is on a mission to fill the gap between the new age E-learning and old school learning to make online learning more simple and efficient. With increasing practice of social distancing, online learning from a tutor becoming the better alternate mode of education.

TECH I.S. is currently operating from India and Japan, the tutors are based out of Bangalore, Tokyo, and Silicon Valley. The programs are available for anyone who has the passion to become a programmer. TECH I.S. offers Full-Time as well as Part-Time curriculum for 3 months and 6 months respectively.

For more information, please visit or contact:
TECH I.S.
https://techis.io/
support@techis.io 

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Source: TECH I.S.

PR Newswire

Infosys Launches ‘Return to Workplace’ Solutions to Help Enterprises Build Safe, Nurturing and Resilient Workplaces

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BENGALURU, India, June 11, 2020 /PRNewswire/ — Infosys (NYSE: INFY), the global leader in next-generation digital services and consulting, today announced the launch of its enterprise-grade ‘Return to Workplace’ solutions to help clients ensure safety and wellness of their employees as they adapt to new ways of working amid the COVID-19 pandemic.

The cloud and edge-based solutions offer a comprehensive framework that enables enterprises to implement:

  • Elevated Body Temperature (EBT) screening – Leverages automation and AI on Edge to help enterprises screen their workforce or visitors in real-time for possible infection to isolate them and prevent them from entering the establishment.
  • Contact Tracing – Redefining the contact tracing category using proven technologies like GPS and BLE (Bluetooth Low Energy) to provide completely voluntary and Opt-In basis for building traceability.
  • Mask Compliance / Social Distancing Compliance – Video analytics algorithms to provide alerts when masks are not detected, or the distance between people walking together or gathering at a place is not sufficient. Smart wearables can also be incorporated based on the specific situations.
  • COVID-19 Chatbot – An AI-powered Digital Assistant solution to help answer employee queries related to return to work scenarios
  • Contactless biometrics – Ensures employees and visitors enter workplaces in a safe manner
  • Occupancy and workspace analytics – To help real estate teams track metrics on floor occupancy, density and automate sanitation routines in common areas. Contactless elevator workflows, HVAC refresh cycles and many more solutions towards ongoing workplace wellbeing.

These solutions do not collect any Personally Identifiable Information (PII) and use the power of AI, IOTVision Analytics, Edge Computing, 5G, RFID, Biometrics and Gesture controls to reduce the need for human intervention and enable data-driven decision making. The underlying platform ensures ease of maintenance and compliance reporting as required in various geographies.

Nitesh Bansal, SVP and Head- Engineering Services, Infosys, said, “The future of work will demand innovative solutions that enterprises can deploy rapidly, and at scale to ensure safety of their workforce while at the same time nurture collaboration and productivity. We are pleased to launch our ‘Return to Workplace’ offering that is aimed at positively impacting the re-opening of workspaces in a seamless, automated, and systematic manner. We are implementing some of these solutions, starting with EBT checks, across five million sq. ft. of our own office spaces as we prepare for 20,000 Infosys employees to return to their workplaces in a phased manner. We are confident that these solutions will reassure enterprises and employees that their workplaces are safe, collaborative, yet non-intrusive.”

These solutions adhere to data privacy standards and practices with FDA, FCC, ISO, and IEC compliance.

Mukesh Dialani, Program Director of Product Engineering and Operations Technology/Services, IDC, said, “Infosys’ scalable and flexible ‘Return to Workplace’ solution is timely and well thought out. Adhering to data privacy standards and built on a foundation of digital engineering elements including computer vision, edge and AI, it will provide customers with processes and solutions to restart their operations in a safe and resilient manner.”

To know more on how ‘Return to Workplace’ solutions came about, and watch Nitesh Bansal tell the story, click here: https://www.infosys.com/newsroom/infytv/making-our-way-back-to-workplace.html

About Infosys Ltd.

Infosys is a global leader in next-generation digital services and consulting. We enable clients in 46 countries to navigate their digital transformation. With nearly four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.

Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2019. These filings are available at www.sec.gov . Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

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PR Newswire

Joongbu Univ. to strengthen its email security with SecuLetter

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SEOUL, South Korea, June 10, 2020 /PRNewswire/ — Joongbu University has strengthened its email security by adopting MARS SLE which is SecuLetter‘s Secure Emil Gateway(SEG) solution for intelligent email hacking attacks and successfully handled malicious code threats sent through email. SecuLetter has been a member of the Born2Global Centre since 2017.

Joongbu University
Joongbu University

SecuLetter is a security company that develops and supplies products that detect, diagnose, analyze, and prevent malicious code attacks launched via document files (MS Office, PDF etc.) and Advanced Persistent Threats (APT) in various business environments, such as Airgap and Network bridging areas, On-line bulletin boards, Document Centralization, and Content Disarm & Reconstruction (CDR). Its products eliminate security blind spots that have been a weakness of existing behavior-based (sandbox-based) APT solutions and enable accurate and swift diagnosis.

Joongbu University adopted SecuLetter’s solution for multiple reasons, primarily to: detect and analyze advanced malicious code attacks coming through e-mail, prevent malicious URLs contained in the body of emails, block unknown attacks, provide detailed reports on detected malicious code, and ensure easy installation and management.

Mr. Yeom, Jong-gook, Manager of the Joongbu University Computer Information Institute said, “In May of last year, we experienced difficulties in detecting and diagnosing large amounts of hacking emails disguised as Non-PE file attachments (MS Office or PDF), such as quotations and tax invoices. We were looking for a solution that could respond to these malicious attacks and we found out that MARS SLE is the best solution through comparative reviews and POC with several products.

Prior to adopting it, a large number of emails containing URLs leading to malicious code and phishing websites were not detected, but with MARS SLE, we could detect, diagnose, and effectively block such attacks.”

Mr. Lim, Chasung, CEO of SecuLetter said, “About 90 percent or more of APT attacks are made via email and most of them are disguised as email attachments. In addition, these emails have no choice but to open attachments because they are disguising as emails from government agencies, tax invoices, quotations, resumes and recent COVID19 virus-related emails. “Through the use case of Joongbu University, we’re convinced that the university also needs to respond to these advanced email attacks. We believe our solution can be an alternative for all government agencies, financial institutions, businesses and schools that want to protect their systems and assets from hacking email attacks. And we are also actively considering fostering competent security talented students through industry-academic cooperation with schools interested in cyber security research.”

SecuLetter’s products, MARS SLE and MARS SLF are being actively used by major national institutions, financial institutions, and companies including KEPCO E&C, Korea Post Information Center, KISA (Korea Internet & Security Agency), BNK Busan Bank, KAMCO (Korea Asset Management Corporation), KSD (Korea Securities Depository), and KTCU (Korean Teachers’ Credit Union).

For more detailed information on SecuLetter, visit https://www.seculetter.com/content/en/.

Media Contact

SecuLetter: contact@seculetter.com 
Born2Global Centre: jlee@born2global.com 

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PR Newswire

ColorTokens Boosts ANZ Presence, Appoints Elvis Jusic as Regional Director Sales

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SANTA CLARA, Calif., June 10, 2020 /PRNewswire/ — ColorTokens Inc. a leading innovator in cyber security, today announced the appointment of Elvis Jusic to Regional Director of Sales for Australia and New Zealand (ANZ). Elvis brings a 20+ year history of success in the enterprise security industry, a customer-centric approach, and a focus on delivering differentiated value to protect customer data and assets.

Elvis Jusic joins the company with extensive sales and business development experience evidenced by his stellar successes at Oracle, Aruba Networks and Palo Alto Networks, where he served customers large and small through traditional and emerging channels. Throughout his long history of enterprise sales and as a passionate customer advocate, disruption has remained a consistent theme for Elvis. In his most recent role as National GM with Content Security, an Australian MSSP, Elvis led national sales teams to deliver marked year-on-year growth and recognition. Elvis will be responsible for driving growth across ColorTokens’ markets in the ANZ region.

“ColorTokens’ award-winning approach is giving enterprises the ability to visualize and secure 100 percent of their traffic, stretching well beyond the 20 percent of perimeter traffic most organizations are limited to,” said Elvis Jusic, Regional Director of Sales for ANZ, at ColorTokens. “By leveraging the power of full visibility across locations, zero-disruption micro-segmentation and proactive endpoint protection through PCI DSS 4.0, ColorTokens is transforming the way enterprises can achieve a zero trust architecture – all while removing the complexity of deployment, with time-to-value and simplicity intrinsically woven into the ColorTokens Spectrum Platform. I’m excited to bring the benefits of ColorTokens disruptions to more ANZ enterprises.”

Dr. Nitin Mehta, Founder and CEO of ColorTokens said: “ANZ has been an area of substantial growth and enormous potential for ColorTokens. We look forward to harnessing Elvis Jusic’s expertise and customer obsession to manage and support the continued growth and the demand for our solutions across the ANZ region.”

About ColorTokens

ColorTokens Inc., a leader in cloud-delivered zero-trust security, empowers global enterprises with a proactive approach to securing cloud workloads, dynamic applications, endpoints, and users. Through its award-winning Spectrum Platform, ColorTokens delivers products and services that help businesses accurately assess and drastically improve their security posture. For more information, please visit www.colortokens.com.

Media Contact:
 Corinne Breuil                                                  
ColorTokens    
+1-4083416030                                                                                  
Press@colortokens.com 

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Source: ColorTokens Inc.

PR Newswire

Datrium Transforms The University of Auckland’s Data Center Infrastructure and Disaster Recovery Strategy

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Leading University in New Zealand Replaces Aging Infrastructure with Datrium’s Cloud-based Disaster Recovery and Converged Infrastructure Solutions

SUNNYVALE, Calif., June 10, 2020 /PRNewswire/ — Datrium, the leader in cloud-native disaster recovery with ransomware protection, today announced that The University of Auckland in New Zealand has selected Datrium DVX and Datrium DRaaS with VMware Cloud on AWS solutions to modernize its infrastructure by leveraging the cloud and unifying compute, storage, backup and disaster recovery (DR). Challenged with aging infrastructure and an expensive and complex data center environment, the University’s infrastructure services team, supported by its Premier Partner, BEarena, an ASI Solutions company, chose Datrium for its cost-effective, easy-to-manage, VMware-centric solutions with built-in data resiliency and powerful DR capabilities. Datrium DRaaS with VMware Cloud on AWS offers flexible and scalable on-demand cloud DR with instant Recovery Time Objective (RTO), easy failover and failback without requiring VM conversions.

As New Zealand’s leading university, The University of Auckland manages two large-scale data centers that serve 40,000 students and over 5,000 staff with a core value of conserving, advancing and disseminating knowledge at a high standard through teaching, learning, research and creative work. As part of its digital transformation strategy, the infrastructure services team is embracing its agile operation model to deliver better outcomes to its users.

“As part of our digital transformation efforts, we’re modernizing critical infrastructure including our data centers to empower our IT team to work more efficiently,” said Sanit Kumar, Infrastructure Services Portfolio Manager (ISPM) – Cloud, Network and Datacentre Services at The University of Auckland. “Datrium checked all our boxes. We were looking for a simplified solution that combines compute, storage, backup and disaster recovery, and aligns with VMware so we no longer require separate storage, VMware and backup teams. The power of Datrium’s converged approach and on-demand disaster recovery to VMware Cloud on AWS and instant RTO capability also brings our team major cost savings.”

The University of Auckland was introduced to Datrium technology by BEarena, an ASI Solutions company. BEarena and ASI Solutions have applied their market-leading hyperconverged experience to Datrium technology to help their customers reduce cost, simplify management and move to a hybrid cloud model.

“Rather than provide the University a like-for-like replacement, we scoured the market for the best solution to achieve their business objectives. Ultimately, Datrium helped the University collapse three infrastructure silos into a single cross-functional team that uses automated management so they can focus on strategic priorities,” said Country Manager Lloyd Vickery.  “Datrium has exceeded our expectations in every area—blazing performance, dramatic total cost of ownership improvements, world-class support, consolidated management—and the list goes on. I couldn’t be happier with Datrium and more proud that we are supporting The University of Auckland in continuing its achievements as a world-leading university.”

BEarena and ASI Solutions are the first Datrium DRaaS Select resellers to achieve the highest level of partnership in the region. As Datrium’s first partner in ANZ and exclusive DRaaS Select partners and resellers, BEarena and ASI Solutions deliver significant cost savings, advanced operational intelligence, faster deployment times and simplified DR solutions to their customers. Lloyd Vickery is also the first Datrium DVX Certified Deployment professional in the world; achieving this distinction entails the completion of a rigorous curriculum and passing a certification test. BEarena and ASI Solutions customers benefit from working with highly skilled professionals in the deployment of Datrium to ensure they receive the fastest ROI and best customer experience.

Nathan Lowe, Managing Director of ASI Solutions added, “ASI Solutions is extremely excited to be working with Datrium. An innovative company that is transforming data lifecycle management through a single powerful platform delivering speed, agility and efficiency, Datrium allows our customers to focus on strategic initiatives.”

Datrium DRaaS with VMware Cloud on AWS is a new approach to DR and offers a cloud-native design, built-in backup, instant RTO, continuous compliance and an on-demand pay-as-you-go model. Datrium DRaaS allows organizations to make the cloud their DR site at a fraction of the cost of a second data center. When combined with Datrium DVX software, organizations get the fastest recovery time and simplified data management capabilities.

“Given the enormous rise in ransomware attacks and other disasters, a modern approach to DR is critical. However, it doesn’t need to be an expensive, complicated and unreliable process,” said Datrium CEO Tim Page. “With our on-demand cloud resources, The University of Auckland will be able to recover from a disaster quickly while keeping cloud costs low. We look forward to helping the University transition to cloud DR and supporting its on-premises infrastructure requirements.”

Join Datrium and The University of Auckland for a webinar on June 30, at 1pm PDT to learn more.

About Datrium
Datrium, the leader in cloud-native disaster recovery with ransomware protection, automates data protection against modern threats and enables enterprises to pay for DR when they need it. Datrium Disaster Recovery as a Service with VMware Cloud on AWS (DRaaS) is an easy-to-use SaaS solution that delivers the industry’s first instant RTO cloud DR from backups on AWS S3 and protects all VMware workloads in the cloud and on-premises. Secure by design with always-on encryption, Datrium’s DR with built-in cloud backup is transforming the DR market, empowering enterprises to create their own failproof, on-demand data centers in the public cloud where they only pay for recovery when disaster strikes or for testing. Until now, DR has been a complicated and brittle manual process that needs to interact with many disparate components in the data center. The advent of the cloud has made it possible for Datrium to convert this complex process into a simple-to-use, fully automated SaaS application that delivers 10x more cost-efficient DR. By converging primary, backup, disaster recovery, mobility and encryption into a single multicloud platform called Automatrix™, Datrium maintains fast performance at any scale and enables frictionless data portability between public clouds and on-premises data centers. Data services are consistent across clouds and resource orchestration is automated so applications run at peak performance with increased system resilience and reduced data recovery windows. Liberated from managing data infrastructure, IT teams can drive more strategic initiatives for their businesses and application users can get back to productivity faster. Trusted by global enterprises including eMeter – A Siemens Business, vPay® and Stearns, Datrium is DR done right.™

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Media Contact
Diana Brodskiy
Bhava Communications for Datrium
datrium@bhavacom.com
415-306-6199

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