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ACN Newswire press release news - Recent Press Releases

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    Results markedly improved andturned around to profit; Strong growth of core dental prosthetics business

    HONG KONG, Mar 22, 2018 - (ACN Newswire) - Kaisa Health Group Holdings Limited, ("Kaisa Health" or the "Company"; HKEX stock code: 876.HK), a leading mid-range to high-end dental medical technology company, has announced its annual results for the year ended 31 December 2017.

    For the year ended 31 December 2017, the Company's revenue from continuing operation reached approximately HK$226.7 million (2016: approximately HK$188.1 million), representing a year-on-year increase of 20.5%. Profit for the year attributable to owners of the Company from continuing operations was approximately HK$5.55 million, representing a turnaround with basic earnings per share of HK$0.14 cents.

    In response to the constantly growing global dental prosthetics market, Kaisa Health has actively adjusted its business structure, focusing on dental prosthetics business, and saw a steady expansion in market share. In 2017, the Company's previous investment in marketing and R&D for its core dental prosthetics business began to pay off, driving the continuous steady growth in revenue and profit. At the same time, aligning with its set strategies, the Company continued to exit, via scale down or disposal, its unprofitable electronic manufacturing services business during the year.

    As living standards continue to rise and people are placing more importance on dental aesthetics, the Company has accordingly devoted more R&D effort on high-end new dental prosthetics products with aesthetic attributes. In 2017, Clear Aligner, a new orthodontics product, was launched to timely seize opportunities in the dental aesthetics market. Employing advanced imported technology, the product features the use of 3D printing technology in diagnosing, designing and customizing dental prosthetics products for patients, providing them transparent teeth braces that look better, are hygienic and convenient to use than traditional products. The materials used to make aligners have gained quality accreditations from relevant authorities in Europe, the U.S. and China. The launch of Clear Aligner is expected to enhance the Company's competitiveness in the Chinese dental prosthetics market and facilitate overseas expansion of Kaisa Health in the future.

    To strengthen its financial resources, Kaisa Health completed the rights issue at the subscription price of HK$0.40 per rights share and raised net proceeds of HK$507.16 million in 2017. The fund raised is intended for use on land acquisition, potential acquisition, and to meet the working capital requirements of existing business.

    By stepping up expansion of its medical-health related business, Kaisa Health hopes to raise shareholder value. Armed with professional knowledge and resources advantage in the healthcare sector, the Company will explore the possibility of providing professional consultancy services to cooperating partners in the development of "health town" in the PRC.

    In summary, Mr. Luo Jun, Chairman of Kaisa Health, said, "As the Chinese economy grows steadily and urban residents' living standards rise, plus the medical and health industry developing in full scope, huge growth potential of the oral medicine technology market is expected to be unleashed, which will bring opportunities to the Company for achieving long-term sustainable development. To further enhance its market leadership and competitiveness, the Company has boosted its financial resources and will continue to strengthen investment in research and development and innovation, cooperate with technical institutions to recruit outstanding professional technical talent and continue to introduce high value-added products and services to meet the escalating demand for dental prosthetics. While striving for sustainable organic growth, the Company will actively capture high-tech dental related business and investment opportunities, explore cooperation and investment opportunities in the health industry and continue to invest in high-end medical equipment, to the end of enhancing its scale and profitability."

    Copyright 2018 ACN Newswire. All rights reserved.

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    TOKYO, Mar 23, 2018 - (JCN Newswire) - Hitachi, Ltd. (TSE:6501) announced today that it has agreed to invest in a fund managed by Geodesic Capital, a venture capital company active mainly in Silicon Valley. By investing in this fund, Hitachi will help to accelerate open innovation with startup companies in Silicon Valley using Geodesic Capital's extensive network.

    In recent years, with advances in digitalization as IoT and digital technologies continue to be used in a wide range of fields, startup companies with cutting-edge technologies have become a driving force behind global innovations. Hitachi is also promoting the effective use of advanced technologies such as AI and robotics through its Social Innovation Business, which combines the OT (Operational Technology) and IT that it has accumulated up to now.

    Geodesic Capital is a venture capital company established in 2015 by John Roos, former United States Ambassador to Japan, Ashvin Bachireddy, previously a growth stage partner at Andreessen Horowitz, and Mitsubishi Corporation. Geodesic Capital invests in rapidly growing technology companies in Silicon Valley and the broader U.S. using capital gathered from Japanese companies, supports their entry into Japan, and connects Japanese companies with Silicon Valley companies to support the creation of new business. Hitachi will invest as a limited partner in Geodesic Capital Fund I-S, a supplemental fund of the company's first fund which was established in 2015.

    In addition to the investment, Hitachi America, Ltd.(1) will establish its new Global Open Innovation Division on April 1 as an organization dedicated to open innovations. By utilizing Geodesic Capital's extensive network, the division will promote open innovations with startup companies. At the same time, in Japan, Hitachi will establish its Open Innovation Division in the Future Investment Division, which was established in April 2017 to create new business and oversee strategic investments in its Social Innovation Business. The establishment of these two divisions will accelerate business rollout and collaborations with startup companies and other outside entities.

    Comments from John Roos, Partner and Co-Founder, Geodesic Capital
    "Geodesic is proud to add an iconic company like Hitachi as a Limited Partner, and we are excited about the opportunity for our portfolio companies to partner with Hitachi as they build their businesses in Japan. We also look forward to working with Hitachi's team in Silicon Valley to support their strategic objectives and focus on open innovation."

    Comments from Toshiaki Higashihara, President and CEO, Hitachi, Ltd.
    "I am extremely pleased to have this opportunity to invest in Geodesic Capital, which has an extensive network of ties with startup companies in Silicon Valley that act as the driving force behind the world's innovations. Through this investment, we will accelerate open innovations with companies in Silicon Valley focused on AI and robotics, and further evolve the Social Innovation Business using Hitachi's Lumada IoT platform and other cutting-edge technologies."

    (1) Hitachi America, Ltd.: The Hitachi Group's regional headquarters for North America
    Hitachi will continue to make aggressive investments aimed at accelerating open innovations, promote collaborative creation with startup companies and a variety of other partners, and roll out its Social Innovation Business using state-of-the-art technologies, in an effort to resolve the issues being faced by society.

    About Geodesic Capital

    Geodesic Capital supports U.S.-based entrepreneurs building transformative growth stage technology companies. It was founded by former U.S. Ambassador to Japan and former CEO of Wilson Sonsini Goodrich & Rosati, John V. Roos, Ashvin Bachireddy, previously a growth stage partner at Andreessen Horowitz and Mitsubishi Corporation. Geodesic Capital helps its portfolio companies expand globally into key markets in Asia, starting with Japan, by assisting them in finding employees, customers, partners and developing go-to-market strategies. For more information, please visit

    About Hitachi, Ltd.

    Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society's challenges with our talented team and proven experience in global markets. The company's consolidated revenues for fiscal 2014 (ended March 31, 2015) totaled 9,761 billion yen ($81.3 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company's website at

    Hitachi Ltd Corporate Communications Tel: +81-3-3258-1111

    Copyright 2018 JCN Newswire. All rights reserved.

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    - The first free in-flight insurance that includes up to S$50,000 in personal accident coverage
    - Provides coverage upon three hours flight delay with an add-on of just S$4, across all flights
    - Allows instantaneous travel claims encashment via PayNow

    SINGAPORE, Mar 23, 2018 - (ACN Newswire) - Etiqa, Singapore's leading online insurer, launched Singapore's first free in-flight insurance service for travellers today, bringing them peace of mind while on vacation. It also introduced a flight delay add-on - for just S$4, travellers can receive benefits upon a flight delay of just 3 consecutive hours, less than half the industry average of 6 to 12 hours.

    Eligible for all Singapore Outbound Travellers[1], the free in-flight insurance solution includes up to S$50,000 in personal accident (inflight accidental death) coverage. In addition, the flight-delay top-up, allows travellers to claim up to S$300 for flight delay[2]. This complements Etiqa's existing ePROTECT travel policy coverage, which currently also include coverage for both in-flight and flight delays, customers will receive coverage across all airlines and flights.

    "According to a survey conducted by the Singapore Tourism Board, about 10% of consumers have never purchased travel insurance despite being aware of the importance of a policy," said Sue Chi Kong, Chief Executive Officer of Etiqa Insurance Singapore. "With our extended service offering of a free inflight insurance service, we hope to educate travellers on the value and importance of travel insurance coverage, encouraging them to consider protecting themselves - even when the cost is kept to a minimum, or absolutely free."

    According to FlightStats, 20,671 flights were cancelled and 177,352 delayed in Asia-Pacific alone during a 30 day period from 10 February to 12 March 2018. Globally, this number rises to over 60,000 flights cancelled, and over 630,000 flights delayed during the same period. Last year, Etiqa processed more than 1,500 travel claims within one day following the launch of its straight-through claims processes in July 2017 - Out of which 17% were processed due to travel delays. A real-time flight monitoring system was also implemented at the same time to enable auto-flight delay claims for its customers.

    From now till 31 March 2018, travellers can simply apply for the free inflight plan and flight delay benefit via Etiqa's website and stand a chance to win a $250 Changi gift card. Following the application, Etiqa will monitor their flight status, updating travellers of delays via SMS. To enjoy full protection, travellers can simply purchase any of Etiqa's comprehensive ePROTECT travel plans.

    eWallet on TiqConnect

    Claims are seamlessly processed through eWallet on TiqConnect, Etiqa's online portal that allows customers to manage their claims and policies. As a personal account for customers, the eWallet balance can be used to purchase new policies, renewals, or encash claims. From 19 March, existing customers can also enjoy instantaneous encashment via PayNow, along with the current encashment via IDEALRAPID (bank transfer)[3].

    Etiqa Insurance, one of Singapore's fastest-growing brands

    Etiqa was formally ranked among Singapore's 1000 corporations and SMEs based on solid financial performance in the 2018 Singapore 1000 rankings. The insurer was also recognised as Singapore's Most Innovative Finance Firm in the 2018 World Finance Markets Awards. In 2017, Etiqa saw record 505% annual growth in online revenues from its financial products. Last year, Etiqa helped more than 70,000 customers purchase products online, and successfully approved more than 90% of submitted claims within one day.

    For more information around ePROTECT travel, click here ( or visit

    To access the TiqConnect homepage, click here (

    [1] All Singapore citizen(s), Permanent Resident(s) of Singapore or Foreigner(s) with valid Work Pass, Student Pass, Dependant's Pass or Long-Term Visit Pass.
    [2] Customers can claim $50 for every full three consecutive hours of flight delay, with a limit of up to S$300, across all countries except Singapore. For flight delays that occur in Singapore, customers can claim a maximum of S$50 for every full three consecutive hours of flight delay.
    [3] Encashment is instantaneous via FAST transfer

    About Etiqa
    Etiqa Insurance Pte. Ltd. is a licensed life and general insurance company registered in the Republic of Singapore and regulated by the Monetary Authority of Singapore (MAS). In July 2017, Fitch affirmed the company's "A-" rating for its financial strength and stable outlook.

    Etiqa has been protecting Singaporeans since 1961 with a range of general insurance solutions that constantly evolve to meet their ever-changing needs. As the appointed insurer for the Housing Development Board (HDB) Fire Insurance Scheme in Singapore, we have been protecting homes since 2009. In August 2014, we added a comprehensive suite of life insurance solutions to our stable of products.

    Etiqa is owned by Maybank Ageas Holdings Berhad, a joint venture company that combines local market knowledge with international insurance expertise. The company is 69% owned by Maybank, one of Asia's leading banking groups with more than 22 million customers worldwide in 20 countries; and 31% by Ageas, an international insurance group with 33 million customers across 16 countries and a heritage that spans over 180 years, with a focus to provide world class insurance solutions to consumers in Europe and Asia through market leading joint ventures.

    At Etiqa, we believe in our brand promise of humanising insurance, by placing people over policies in everything we do. We are passionate about helping Singaporeans protect themselves and their loved ones today and helping them plan for a financially secure tomorrow.

    Media Contacts:
    Audrey Liu
    Manager, Brand and Communications
    Etiqa Insurance Pte. Ltd.
    Tel: +65 6690 4309

    PRecious Communications for Etiqa
    Tel: +65 3151 4760

    Copyright 2018 ACN Newswire. All rights reserved.

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    19 Global Partners Sign US$850M Project in Lippo Group's MEIKARTA
    JAKARTA, Mar 23, 2018 - (ACN Newswire) - MEIKARTA, the mega residential township project being developed by Lippo Group, has received US$850 million from 19 global partners focused on health & medicine, financial technology, education, logistics and technology research. The partnerships were inaugurated in Jakarta this week with ceremonies signing the memorandums of understanding (MOU).

    MEIKARTA is the embodiment of Lippo Group's commitment to sustainability and the "five pillars of development"; developing an innovative infrastructure & transportation, a high tech central business district (CBD) & research hub, a business & commercial hub, a center for the arts, culture & education, and green sustainable living.

    Ketut Budi Wijaya, President of MEIKARTA, said, "This partnership is a confirmation that the world community recognizes and sees MEIKARTA as a modern city of the future. The presence of global institutions, whether in education, health, or technology, will make MEIKARTA more than a dwelling. The MEIKARTA of the future will be the economic center that will grow and develop."

    Bambang Soesatyo, Chairman of House of Representatives, Republic of Indonesia, said: "I am confident that the presence of these leading institutions in MEIKARTA, with their capital, networking, technology, systems and experience, will support the government's vision of national development".

    Global institutions signing the MoU with MEIKARTA:
    1. Columbia University Medical Center (CUMC)
    2. University of North Carolina
    3. University College London (UCL)
    4. World Trade Center
    5. Genesis Rehab Services (GRS)
    6. HTC Corporation
    7. China Telecom Global Limited
    8. ACSC & CFLP International Logistic
    9. Seafirst Technologies
    10. Union Space
    11. Rework
    12. USA Dunham Bush Refrigeration Equipment Inc
    13. e-Shang Redwood (ESR)
    14. Shanghai Infin Technology
    15. Nagase Indonesia
    16. Micro Focus
    17. JM Eagle
    18. Zhong Ying Finance
    19. Lausanne Hotel Management Institute

    MEIKARTA is in the East Jakarta Corridor, which will be integrated with new transportation networks, including Jakarta-Bekasi High-Speed Rail, Patimban Deep Seaport, Kertajati International Airport, Jakarta-Cikampek Elevated Highway and APM (automated people mover) uniting seven new cities around MEIKARTA.

    The MEIKARTA development covers 22 million m2 in its first phase, designed since 2014. Work started in January 2016 with the initial construction of one hundred skyscrapers, each with 35 to 46 floors, and the creation a workforce expected to reach 65,000 individual jobs.

    MEIKARTA surpasses anything the country has ever seen, epic in its scale and vision as a truly integrated city of the future. Not only does MEIKARTA redefine what a modern city should look like and feel like, it sets the new standard for a world city in Southeast Asia and beyond. Visit

    For further information, please contact:
    Danang Kemayan Jati
    Director of Information and Public Communication Lippo

    Copyright 2018 ACN Newswire. All rights reserved.

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    NEW YORK, Mar 23, 2018 - (JCN Newswire) -

    - All-New High-Function, Dynamic Design
    - New TNGA 2.0-liter Four-Cylinder, Six-Speed iMT Manual Transmission, and Dynamic-Shift-CVT Offering More Power and MPG
    - New TNGA Platform with Sport-Tuned Suspension
    - Standard Entune 3.0 Audio with 8-inch Touchscreen, Wi-Fi Connect, Amazon Alexa Integration, and Apple CarPlay
    - First North American Application of Standard Toyota Safety Sense 2.0
    - On Sale in Summer 2018

    Talk about going big in the Big Apple! For the first time in North America, Toyota's newest, stylish, and most technologically-advanced small car, the all-new 2019 Corolla Hatchback, makes its debut at the New York International Auto Show.

    Don't let its diminutive dimensions fool you - the hatchback, in either SE or XSE grades, is all about making a huge impression. With its lengthy list of standard features that includes Entune 3.0 with Apple CarPlay and Amazon Alexa Connectivity; a revised sport-tuned suspension and new Toyota New Global Architecture (TNGA) platform; and the first North American application of Toyota Safety Sense 2.0, Corolla Hatchback strikes a resounding chord with drivers who value authenticity, utility, practicality, and style.

    Hot hatch? More like Haute Hatch.

    Indomitable Style

    Corolla Hatchback has flair extraordinaire. With a theme of Shooting Robust, along with a design goal of Agile, influencing their every pen stroke, designers created a form that is simultaneously distinct, dynamic, muscular, and sophisticated. Shooting references the design's sport coupe traits implemented in all facets.

    With those concepts in mind, Corolla Hatchback is a meticulously mixed cocktail of emotive lines, creases, and surfaces. It's lower (by 1.0 in.), wider (by 1.2 in.), and longer (by 1.5 in.) than its predecessor, Corolla iM. It also has wider front and rear tracks, and a longer wheelbase.

    Its hood sits two inches lower than before, affording passengers excellent forward visibility. The new frontal styling with a rounded nose and trapezoidal-shaped under grille is a further evolution of Toyota's Under Priority Catamaran and Keen Look design philosophies, both of which emphasize Corolla cccc's increased width.

    Slim, J-shaped Bi-Beam LED headlamps wrap deep into the front fenders and accent the front in both stylishness and precise illumination. Front overhang has been cut by 0.8 inches; at the rear, it's 0.8 inches longer. Chiseled character lines at its profile link both ends' protruding flanks making for an active, well-planted expression that is uncommon amongst its peers. Wheel sizes range from 16-inches to 18-inches in diameter.

    Its new rear style articulates Corolla Hatchback's overarching emphasis on athletic presence. The relationship between front and rear design is closely aligned given the rear's more rounded physique that encompasses simple, condensed, yet powerful, three-dimensional landscapes. Its hatch - now made from TSOP (Toyota Super Olefin Polymer) and ABS (Acrylonitrile Butadiene Styrene) - is not only lightweight to aid fuel efficiency, it is set at a steeper angle (moved 14 degrees forward) for that ultimate sporty look. The rear all-LED taillamps feature a diffusing inner lens designed to highlight the hatchback's stout stance. And the rear bumper styling echoes the frontal Under Priority Catamaran design with its thin lower lip and chrome diffuser.

    Differentiation between SE and XSE is distinct. Both grades receive LED headlamps and taillights, chrome rear diffuser, and alloy wheels. XSE ups the ante with 18-inch wheels, LED fog lights, chrome front grille surround, and an available innovative Adaptive Front Lighting System (AFS). AFS - available only on XSE CVT - allows for the focused distribution of light in an area that matches the vehicle's speed and steering angle. The Bi-Beam LED units move vertically and horizontally to provide optimal light output by analyzing steering angle, vehicle speed, and the vehicle's longitudinal axes angle to adjust lamps.

    Corolla Hatchback's color range includes the new-for-2019 color Rival Blue, as well as Blizzard Pearl, Silver Metallic, Midnight Black, Galactic Aqua Mica, Scarlet, and Oxide Bronze.

    Inner Emotiveness

    Simple. Warm. Inviting. Sensuous. Descriptors like these inspired designers' efforts when visualizing Corolla Hatchback's cabin. Sensuous Minimalism marinates the entire capacious space. From their supportive sport seats, front passengers are faced with a neat instrument panel that lends an open, harmonious feeling thanks to its 0.9-inch thinner upper surface and 1.7-inch wider center console dividing passengers.

    At the center of the instrument panel resides a standard high-resolution 8-inch multimedia touchscreen. The center stack screen provides access to vehicle settings, audio controls, navigation, smartphone, and Entune 3.0 apps. Climate controls, located below the multimedia portal, are fashioned in a bright, highly visible digitized configuration.

    In addition to being wider, the center console is also longer to accommodate a larger variety of passenger physiques and comfort preferences. It incorporates a center tray ahead of the gearshift that can hold small items such as a smartphone or wallet, or if outfitted, serves as the Qi wireless device charging area. A 5.5-inch smartphone can easily fit inside the center console box.

    High-gloss materials are paired with matte elements - silver accents with Piano Black and available contrasting stitching - to best accentuate a premium look and feel. The elimination of unnecessary lettering on switchgear, plus, the unification of all materials' and elements' shape, color, grain, and gloss, maximize continuity and aesthetic cleanliness. Tactility, too, is minded with the utmost consideration. Keen eyes will appreciate the minimized gaps between buttons and switches; again, furthering Corolla Hatchback's sophisticated character.

    Front passengers' hip points are lower (to 10.82 inches), and cushioning has been revised, which provides a more natural body posture and position for ideal access to the multifunction steering wheel, pedals, and gearshift. Such optimized seating allows passengers to enjoy Corolla Hatchback's thrilling dynamics all the better. Front door storage solutions include cup holders capable of accommodating 24-ounce bottles and A4-sized documents. Not to be outdone, rear seats utilise updated cushioning to improve comfort and minimize fatigue. Furthering their convenience are upper door cup holders that accommodate 16-ounce bottles.

    The standard amenity list is as impressive as the cabin's aesthetic. SE grade is equipped with single-zone automatic climate control, leather shift knob, and paddle shifters located behind the steering wheel. An electronic parking brake, three-door SmartKey system, automatic up/down windows, and two front USB outlets are standard as well.

    XSE grade builds on SE's amenity palette by including dual-zone climate control, combination leather (leather with melange-like fabric) seating, heated front seats, and eight-way power driver's seat. XSE's instrument panel and doors receive unique stitching, and behind the multifunction steering wheel, a 7-inch TFT Multi-Information Display (MID) shows vehicle information, turn-by-turn navigation, and various vehicle settings (including those pertaining to Lane Departure Alert, Lane Tracing Assist, Pre-Collision System with Pedestrian Detection and Blind Spot Monitor).

    While electrifying in functionality and personality, Corolla Hatchback delivers a civilized, quiet ride. Powertrain drone and road noise have been culled thanks to revised drivetrain efficiencies, plus, the widespread implementation of sound-absorbing materials, sealants, foams, resonator ribs, and silencers. Its TNGA structure utilizes additional seals in its body panel gaps to insulate noise penetration and enhance air sealing performance. Corolla Hatchback's Aero Stabilizing Fins located on its taillights also combat wind drone.

    Multifaceted Multimedia

    There's no shortage of entertainment and connectivity capability inside Corolla Hatchback either. For SE, standard Entire 3.0 Audio includes 8-in. touchscreen; six speakers; Apple CarPlay; Amazon Alexa integration; Entune 3.0 App Suite Connect; Safety Connect; Wi-Fi Connect; Scout GPS Link Compatible; Siri Eyes Free; Auxiliary audio jack and USB 2.0 port with iPod connectivity and control; AM/FM; MP3/WMA playback capability; Voice Recognition training and tutorials; Hands-free phone capability; voice recognition and music streaming via Bluetooth; Customizable Home Screen; and Weather/Traffic info via Entune 3.0 App Suite.

    Entune 3.0 Audio Plus, which is standard on XSE and optional on SE CVT, adds HD Radio and Weather/Traffic info; SiriusXM with Cache Radio; Entune 3.0 Connected Services; Service Connect; Remote Connect. Topping the range is Entune 3.0 Audio Premium that's optional on XSE CVT. The system includes a JBL 8-speaker 800-watt system with Clari-Fi; Dynamic Voice Recognition; Dynamic Navigation; Dynamic POI Search; and Destination Assist Connect.

    The JBL audio experience with Clari-Fi - having such a complete orchestration of advanced power output, hardware, structure, and software - is engineered to impress even the most perceptive audiophile.

    Rounding off Corolla Hatchback's connectivity are two USB terminals (located inside the center console and instrument panel) and one AUX port (located on the instrument panel).

    A Driver's Hatchback

    Corolla Hatchback's seamless unification of comfort and sporty controllability begins at its TNGA C platform. The compact structure employs a mixture of adhesives, spot welding, and additional bracing - top to bottom, side to side - for the benefits of driver controllability and low fuel consumption. On-road feel and fuel efficiency is further refined through the extensive use of aluminum and high- and ultra-high tensile steel in the lighter-weight chassis and body. In fact, torsional rigidity is improved a massive 60 percent compared to its predecessor.

    Affixed to this musculature are revised front and rear suspensions. Its front MacPherson strut setup's geometry is changed (i.e. updated bound stopper clearance; stabilizer location) and incorporates other key augmentations like revised coil spring rate and damping force, and reduced friction in sliding parts. This all makes for a high-quality steering feel, ride comfort, and handling stability.

    At the Corolla Hatchback's rear multi-link suspension with stabilizer bar, responsiveness is sharpened through updated shock absorbers and springs, and like the front, geometry is slightly modified. Lower arm locations have moved (for improved toe-in angle during higher-speed maneuvering), as has shock absorber placement (moved forward for better cargo capacity and reduced longitudinal low frequency input). Overall, front and rear suspension friction has been reduced by 40 percent, and its center of gravity is cut by a substantial 0.8 inches.

    The end result: A Corolla Hatchback that possesses an uncanny blend of balance, composure, and feel that'll have its driver pining for windy roads - time and time again.

    The Heart of Fun-to-Drive

    TNGA isn't just the genesis of Corolla Hatchback's astute footwork and balance: An all-new TNGA-based powertrain is the heart of Corolla Hatchback's Fun-To-Drive identity. Its 2.0-liter Dynamic-Force direct-injection inline four-cylinder engine (M20A-FKS) adopts the latest in Toyota technology and structural efficacies for gains in power, fuel efficiency, and cleaner emissions.

    Physically, the engine is smaller and lighter than its 1.8-liter four-cylinder predecessor, which helps to lower Corolla Hatchback's center of gravity and benefits its overall balance. The 2.0-liter is also quieter for improved Noise Vibration Harshness (NVH) with additions like a more rigid crank case with integrated stiffener; a lighter resin cylinder head; and a ribbed oil pan.

    The M20A-FKS is equipped with Toyota's latest D-4S fuel-injection that uses high-pressure direct-injection and low-pressure PFI (Port Fuel Injection). The setup adapts its injection method based on driving conditions so that ideal combustion is executed. The engine also features Dual VVT-i (Variable Valve Timing-intelligence), with VVT-iE (Variable Valve Timing-intelligence by Electric motor) on the intake side and VVT-i on the exhaust. VVT-iE uses one electric motor instead of oil pressure to control the variable valve timing. Together, the valve timing systems enhance power output and fuel mileage, and cut harmful emissions.

    Be they a commuter or canyon cruiser, drivers will appreciate Corolla Hatchback's available transmissions: an all-new Dynamic-Shift CVT (K120), or a six-speed iMT (Intelligent Manual Transmission) gearbox (EG60). The Dynamic-Shift CVT has simulated 10-speed Sequential Shiftmatic steps, Sport Mode, and paddle shifters. It features a number of innovative elements, including the world's first launch gear in a passenger vehicle CVT.

    Having a launch gear facilitates improved transmission efficiency in lower gear ratios where belt efficiency is typically poor. The transmission system utilizes gear drive when starting from a full stop, resulting in powerful acceleration, while at the same time, resolving the momentary sluggish feeling that was previously present during accelerator operation. Both smooth and comfortable launch performance are realized. When switching from gear drive to belt drive, the transmission system uses highly responsive gear change control technologies cultivated from automatic transmission technology.

    With its launch gear in place, the belt has been tuned for higher gear ratios. This new setup not only improves the efficiency of belt operation, but it also enables the adoption of wider gear ranges, thereby realizing a class-leading gear ratio range of 7.5 for the 2.0-liter class.

    Another benefit of the launch gear is a reduced input load. This enables the size of both belt and pulley components to be reduced. Furthermore, the belt angle has been narrowed and pulley diameters reduced, resulting in shifting speeds that are 20 percent faster. Powerful and predictable acceleration is realized, as is an endearing driving experience.

    But the more involved driver will be engaged by the all-new six-speed iMT with downshift rev-matching control. Compared to the existing manual transmission, the new gearbox is lighter (by 15 pounds; total weight of 88 pounds) and shorter (by 0.94 inches), making it one of the world's smallest transmissions. Its small size contributes to improved fuel efficiency.

    The gearbox also offers world-leading transmission efficiency, while the use of iMT controls, which automatically adjust engine revolutions when changing gears, ensures smooth gear shifting "free of uncomfortable recoils" for the driver.

    Enhanced Toyota Safety Tech

    Toyota continues to lead the pack when it comes to safety, and the all-new Corolla Hatchback provides drivers and passengers with standard safety technologies that take one step closer to achieving the ultimate goal of zero casualties from traffic accidents.

    Corolla Hatchback comes standard with TSS 2.0, the second generation of Toyota Safety Sense (TSS). The updated safety package adds new active-safety technologies and capabilities that enhance protection.

    The 2019 Corolla Hatchback has seven standard airbags and Toyota's Star Safety System, which includes Enhanced Vehicle Stability Control, Traction Control, Electronic Brake-force Distribution, Brake Assist, Anti-lock Braking System, and Smart Stop Technology. Blind Spot Monitor (BSM) is standard on XSE and available on SE. (Please note: BSM does not include Rear Cross Traffic Alert.) Corolla Hatchback also comes equipped with a standard backup camera.

    About Toyota

    Toyota Motor Corporation (TMC) is the global mobility company that introduced the Prius hybrid-electric car in 1997 and the first mass-produced fuel cell sedan, Mirai, in 2014. Headquartered in Toyota City, Japan, Toyota has been making cars since 1937. Today, Toyota proudly employs 370,000 employees in communities around the world. Together, they build around 10 million vehicles per year in 29 countries, from mainstream cars and premium vehicles to mini-vehicles and commercial trucks, and sell them in more than 170 countries under the brands Toyota, Lexus, Daihatsu and Hino. For more information, please visit

    Public Affairs Division Global Communications Department Toyota Motor Corporation Tel: +81-3-3817-9926

    Copyright 2018 JCN Newswire. All rights reserved.

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    First Approval Worldwide for LENVIMA for HCC

    - First New Front-Line Treatment Option for HCC Approved in Japan in Nearly 10 Years
    - First Approval under Global Strategic Collaboration between Eisai Co., Ltd. and Merck & Co., Inc., Kenilworth, N.J., U.S.A

    TOKYO, Mar 23, 2018 - (JCN Newswire) - Eisai Co., Ltd. and Merck & Co., Inc., Kenilworth, N.J., U.S.A. (known as MSD outside the United States and Canada), today announced that the multiple receptor tyrosine kinase inhibitor LENVIMA (generic name: lenvatinib mesylate) has been approved in Japan for unresectable hepatocellular carcinoma (HCC). This is the first approval worldwide for LENVIMA for the indication of unresectable HCC and the first new systemic therapy to be approved in Japan for the front-line treatment of HCC in approximately 10 years. Additionally, this is the first regulatory approval for LENVIMA under the global strategic collaboration agreement executed in March 2018 between Eisai and Merck & Co., Inc., Kenilworth N.J., U.S.A. for the co-development and co-commercialization of LENVIMA*.

    This approval was based on a Phase III clinical study (Study 304 / REFLECT study) conducted by Eisai investigating LENVIMA as a first-line treatment in patients with unresectable HCC.(1) In this study, LENVIMA demonstrated statistically significant non-inferiority of overall survival (OS) (13.6 months) compared to sorafenib (12.3 months) (hazard ratio [HR] 0.92, 95% confidence interval [CI]=0.79-1.06). Additionally, LENVIMA showed highly statistically significant and clinically meaningful improvements as compared to sorafenib in the secondary endpoints of progression free survival (PFS) (HR 0.66, 95% CI=0.57-0.77, p
    In this study, the five most common adverse events observed in the LENVIMA arm were hypertension (42%), diarrhea (39%), decreased appetite (34%), weight loss (31%) and fatigue (30%), which is consistent with the known safety profile of LENVIMA.

    Liver cancer is the second leading cause of cancer related deaths with approximately 750,000 deaths per year estimated globally.(2) Additionally, approximately 780,000 cases are newly diagnosed each year, about 80 percent of which occur in Asia, including Japan and China.(2) HCC accounts as the primary reason for 85 percent to 90 percent of liver cancer cases. It is estimated that there are approximately

    42,000 HCC patients in Japan,(3) with approximately 26,000 deaths every year.(4) To-date, treatment options for unresectable HCC have been limited and the prognosis is very poor, emphasizing that this is an area of high unmet medical need.

    "With the approval of this additional indication of unresectable HCC for LENVIMA, we are proud to be able to deliver the first new front-line systemic therapy treatment option for HCC in Japan in approximately 10 years, and expect this will contribute to HCC treatment" said Dr. Takashi Owa, Eisai Oncology Business Group Chief Medicine Creation Officer. "Eisai will continue with its efforts in oncology research and development in order to deliver hopes for a potential cure for cancer to patients and their families."

    "Today's approval is an important first for LENVIMA and a significant first regulatory event under our collaboration with Eisai," said Dr. Roy Baynes, Senior Vice President and Head of Global Clinical Development, Chief Medical Officer, Merck & Co, Inc. Kenilworth, N.J., U.S.A. "We congratulate Eisai on the approval of this new indication and look forward to working together to bring this important treatment option to patients."

    Having received approval of this indication, Eisai will receive a development milestone payment from Merck & Co., Inc., Kenilworth N.J. U.S.A. There are no changes to Eisai's consolidated financial results forecasts for the fiscal year ending March 31, 2018 based on the receipt of this milestone payment.

    *Details of the collaboration in Japan are currently under discussion between the two companies.

    LENVIMA Product Details in Japan (underlined parts have been added)

    1. Product name
    LENVIMA Capsule 4 mg
    2. Generic name
    Lenvatinib mesylate
    3. Indication
    Unresectable thyroid cancer, unresectable hepatocellular carcinoma
    4. Dosage and Administration Unresectable thyroid cancer
    The usual adult dose is 24 mg as lenvatinib administered orally once a day. The dose may be reduced depending on the condition of the individual patient.

    Unresectable hepatocellular carcinoma

    The usual adult dose is an amount of lenvatinib in accordance with body weight administered orally once a day. For adults weighing 60 kg and over, the dose should be 12 mg. For adults weighing less than 60 kg, the dose should be 8 mg. The dose may be reduced depending on the condition of the individual patient.

    About LENVIMA (lenvatinib mesylate)

    Discovered by Eisai, LENVIMA is an orally administered multiple receptor tyrosine kinase (RTK) inhibitor with a novel binding mode that selectively inhibits the kinase activities of vascular endothelial growth factor (VEGF) receptors (VEGFR1, VEGFR2 and VEGFR3) and fibroblast growth factor (FGF) receptors (FGFR1, FGFR2, FGFR3 and FGFR4) in addition to other pathway-related RTKs (including the platelet- derived growth factor (PDGF) receptor PDGFRalpha; KIT; and RET) involved in tumor angiogenesis, tumor progression and modification of tumor immunity.

    Currently, LENVIMA is approved as a treatment for refractory thyroid cancer in over 50 countries, including the United States, Japan, in Europe and Asia. Additionally, Eisai has obtained approval for the agent in combination with everolimus as a treatment for renal cell carcinoma (second-line) in over 40 countries, including the United States and in Europe. In Europe, the agent was launched under the brand name Kisplyx for renal cell carcinoma.

    Outside of Japan, Eisai has submitted applications for an indication covering hepatocellular carcinoma in the United States and Europe (July 2017), China (October 2017), Taiwan (December 2017) and other countries.

    About the Eisai and Merck & Co., Inc., Kenilworth, N.J., U.S.A. Strategic Collaboration

    In March 2018, Eisai and Merck & Co., Inc. Kenilworth N.J., U.S.A. entered into a strategic collaboration for the worldwide co-development and co-commercialization of LENVIMA. Under the agreement, the companies will develop and commercialize LENVIMA jointly, both as monotherapy and in combination with Merck & Co., Inc. Kenilworth N.J., U.S.A.'s anti-PD-1 therapy KEYTRUDA (pembrolizumab). In addition to ongoing clinical studies of the combination, the companies will jointly initiate new clinical studies evaluating the LENVIMA/KEYTRUDA combination to support 11 potential indications in six types of cancer (endometrial cancer, non-small cell lung cancer, hepatocellular carcinoma, head and neck cancer, bladder cancer and melanoma), as well as a basket trial targeting multiple cancer types.

    (1) M Kudo, et al. "Lenvatinib versus sorafenib in first-line treatment of patients with unresectable hepatocellular carcinoma: a randomised phase 3 non-inferiority trial" The Lancet, 2018
    (2) GLOBOCAN2012: Estimated Cancer Incidence, Mortality and Prevalence Worldwide in 2012.
    (3) Ministry of Health, Labour and Welfare, 2014 Patient Survey
    (4) Ministry of Health, Labour and Welfare, 2014 Population Trends Survey

    About Eisai

    Eisai Co., Ltd. (TSE:4523; ADR:ESALY) is a research-based human health care (hhc) company that discovers, develops and markets products throughout the world. Eisai focuses its efforts in three therapeutic areas: integrative neuroscience, including neurology and psychiatric medicines; integrative oncology, which encompasses oncotherapy and supportive-care treatments; and vascular/immunological reaction. Through a global network of research facilities, manufacturing sites and marketing subsidiaries, Eisai actively participates in all aspects of the worldwide healthcare system. For more information about Eisai Co., Ltd., please visit

    Public Relations Department, Eisai Co., Ltd. +81-3-3817-5120

    Copyright 2018 JCN Newswire. All rights reserved.

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    Antibody HUMIRA in the Treatment of Patients who have had an Inadequate Response to Conventional Therapy for Pustular Psoriasis

    TOKYO, Mar 23, 2018 - (JCN Newswire) - AbbVie GK and Eisai Co., Ltd. today announced the additional approval for a new indication of HUMIRA (generic name: adalimumab (recombinant), "HUMIRA"), a fully human anti-TNF-alpha monoclonal antibody formulation, in the treatment of patients who have had an inadequate response to conventional therapy for pustular psoriasis. With this approval, HUMIRA has been approved for 10 indications in Japan.

    The approval of this additional indication is based on the results of a Phase 3 study in Japanese patients. This study examined efficacy and safety in Japanese patients diagnosed with generalized pustular psoriasis (GPP) who have had an inadequate response to conventional therapy (e.g., etretinate and cyclosporine). Among the patients treated with HUMIRA in the open-label clinical trial, 70% (n=7/10) achieved a clinical response (improvement or reduction of skin score relative to the baseline) after 16 weeks of treatment(1). Adverse reactions were observed in 30% (n= 3/10) of patients, such as eosinophilia, bacterial colitis, herpes zoster infection, and eye contusion (respective incidence was 10% (n=1/10) each). No new safety risks were identified for patients with GPP treated with HUMIRA(2).

    Pustular psoriasis is a disease designated as an "Intractable Disease" by the Japan Ministry of Health, Labor and Welfare (MHLW), and the major symptoms include fever, general malaise, redness, swelling of limbs, and pustules on the whole body. The number of patients receiving intractable disease benefits due to this condition is reported to be 2,072 nationwide, and this has increased by more than 200 patients in the past 5 years (as of the end of fiscal 2016)(3). The treatment guideline(4) for pustular psoriasis includes anti-TNF-alpha antibody formulations as a treatment option alongside etretinate, methotrexate, and cyclosporine.

    "The research and clinical technology on GPP have been evolving dramatically in the recent years. However, further progress is needed considering severity of the disease. The approval of this indication for HUMIRA has been highly anticipated by healthcare professionals as well as patients," said Hidemi Nakagawa, M.D., Chair, Department of Dermatology, The Jikei University School of Medicine.

    "We are pleased to provide the new treatment option to patients with pustular psoriasis," said James Feliciano, President of AbbVie Japan. "More than 1 million patients have been already treated with HUMIRA in more than 100 countries. This is the 10th indication of HUMIRA approved on the 10th anniversary of its first launch in Japan. We continue to contribute to patients living with inflammatory autoimmune diseases by pursuing new discoveries and better outcomes that go beyond current standards of care."

    Mr. Hideki Hayashi, Eisai Representative Corporate Officer, Japan Business and CIO commented, "Eisai will continue to provide healthcare professionals with information and promote proper clinical use, aiming to fulfill the unmet medical needs in the treatment of GPP and maximise benefits for patients and their families."

    (1) Drug Information of HUMIRA
    (2) Data on file
    (3) Intractable Disease Information Center (
    (4) Pustular Psoriasis (Generalized) Guildeline 2014, GPP Clinical Guideline Committee, Japanese Dermatological Association, Japanese Dermatological Association Journal: 125 (12), 2211-2257,2015

    About AbbVie

    AbbVie is a global, research-driven biopharmaceutical company committed to developing innovative advanced therapies for some of the world's most complex and critical conditions. The company's mission is to use its expertise, dedicated people and unique approach to innovation to markedly improve treatments across four primary therapeutic areas: immunology, oncology, virology and neuroscience. In more than 75 countries, AbbVie employees are working every day to advance health solutions for people around the world. For more information about AbbVie, please visit us at Follow @abbvie on Twitter, Facebook or LinkedIn.

    For more information, please visit

    About Eisai

    Eisai Co., Ltd. (TSE:4523; ADR:ESALY) is a research-based human health care (hhc) company that discovers, develops and markets products throughout the world. Eisai focuses its efforts in three therapeutic areas: integrative neuroscience, including neurology and psychiatric medicines; integrative oncology, which encompasses oncotherapy and supportive-care treatments; and vascular/immunological reaction. Through a global network of research facilities, manufacturing sites and marketing subsidiaries, Eisai actively participates in all aspects of the worldwide healthcare system. For more information about Eisai Co., Ltd., please visit

    Public Relations Department, Eisai Co., Ltd. +81-3-3817-5120

    Copyright 2018 JCN Newswire. All rights reserved.

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    Tokyo, Japan / Germany, Mar 23, 2018 - (ACN Newswire) - JCB International Co., Ltd., the international operations subsidiary of JCB Co. Ltd. (JCB), and Concardis, the leading full-service payment provider in German-speaking Europe, are proud to announce the enablement of JCB Card acceptance through Concardis' new multichannel platform Payengine for online business.

    The partnership will give both JCB and Concardis additional opportunities to serve their customer base. JCB will be able to offer additional payment methods, to expand card acceptance and to provide its card members with more convenience. Concardis will have a chance to enlarge its network, allowing retailers across Germany to potentially attract JCB's 111 million worldwide card member base and to extend JCB services to online transactions.

    According to a Nielson report produced in 2016, Japan is the 4th largest e-commerce B2C market globally and by 2020, about 40% of all global card transactions will be from Asian markets. The spending power of JCB card members further re-enforces the importance of this key alliance.

    Mr. Tsuyoshi Notani, Managing Director of JCB International (Europe) Ltd., said: "We are proud to expand JCB e-commerce acceptance through the Concardis multichannel platform Payengine, as it leads to more e-commerce retailers that JCB card members can shop at. Considering the huge growth and potential increment of e-commerce shopping and international travel, especially Asian card members travelling across Europe, we rely on partnerships with reputable associates like Concardis. JCB believes that this partnership will continue to contribute to the growth and development of its business in Germany".

    Marcus W. Mosen, CEO of Concardis, adds: "We welcome the expansion of our partnership with JCB. After having already successfully introduced JCB to our merchants at the stationary point of sale, integrating JCB into our multichannel platform Payengine is the next logical step. I am convinced that our customers will gladly add one of the most important credit card brands worldwide to their payment portfolio."

    About JCB

    JCB is a major global payment brand and a leading payment card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to provide responsive and high-quality service and products to all customers worldwide. For more information, please visit: or

    About Concardis

    Concardis is the leading full-service payment provider in German-speaking Europe. Concardis acts as a consultant and point of contact for some 116,000 customers with more than 470,000 connected terminals. The company ensures seamless processes at the point of sale with its fast and convenient payment processes. With innovative solutions in e-commerce and m-commerce as well as for bricks-and-mortar shops, Concardis helps its customers realise sales across all channels and beyond national borders, thereby allowing them to profit from growing international retail. The payment service provider constantly works to increase added value for merchants and consumers when it comes to payment through the expansion of its services and the integration of complementary products and services. Thanks to its many years of experience, its close bonds to retail and in-depth knowledge of the payment market, Concardis is a sought-after partner and trailblazer for new payment products.

    JCB Co., Ltd.
    Kumiko Kida
    Corporate Communications
    Tel: +81-3-5778-8353

    Copyright 2018 ACN Newswire. All rights reserved.

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    Two successful young filmmakers speak at the "Sharing with Young Filmmakers" session held during FILMART 2018
    Moonlight Co-Producer Advises Novices to Start with Low-budget Films

    HONG KONG, Mar 23, 2018 - (ACN Newswire) - Rather than spending time raising funds, new filmmakers could learn to work with the resources they have and start with low-budget films to develop their creativity and skills, renowned American film producer Andrew Hevia told a seminar yesterday (22 March). The "Sharing with Young Filmmakers" session was held during the 22nd edition of the Hong Kong International Film and TV Market (FILMART), organised by the Hong Kong Trade Development Council from 19 to 22 March at the Hong Kong Convention and Exhibition Centre. The session featured two successful young filmmakers -- Mr Hevia, co-producer of the Oscar-winning Best Picture Moonlight, and Juno Mak, the Hong Kong director of Sons of the Neon Night and Rigor Mortis, discussed topics of interest to independent filmmakers.

    During the seminar, moderator Maurice Lee, Partner at Maurice WM Lee Solicitors, introduced five topics for discussion: investors, intellectual property (IP), actors, awards and marketing.

    - Finding investors

    Mr Hevia remarked that finding investors is a process of matchmaking. He suggested that first-time filmmakers find a way around funding obstacles by making very low-budget films initially to develop and demonstrate mastery of their craft. "Creativity comes from this process," he said. "Once you develop your craft, the money will find you." He suggested renting a camera and using friends as actors. "You can't skip steps. Try two or three movies for 5-8 years instead of spending years chasing money," he advised.

    Mr Mak said a good film is all about the story - the characters and the meaning in it. "Once you derive a message from this, find a producer who understands your concept," he said. He opined that there are no new genres, but "what is special is how sensitive you are and how you want to depict your story idea within conventional genres. There is no point in doing what has already been done. You need an angle to make a genre work. You need to work with the resources you have and just focus on being a filmmaker."

    - Presenting ideas

    Mr Mak emphasised the importance of preparations - knowing the characters and story. "If you are uncertain about the details, people will lose confidence," he said, adding that it is very important to provide "the vibe" when meeting potential producers and cast members to grab their attention. He suggested being prepared to provide as simple or detailed a description of the story as required in the circumstances, which could range from a paragraph to 100 pages.

    Mr Hevia suggested a producer find talented people who understand his idea. "Since half the job is convincing people the idea is going to work, prepare to explain the story in two minutes in the initial meeting," he advised.

    - Protecting IP

    Saying he is not concerned about having his idea stolen by people he is pitching to, Mr Hevia nevertheless suggested pitching only to people who have been recommended as trustworthy. "If you make a film you are uniquely qualified to make, it's not worth someone stealing your idea," he argued.

    Mr Mak and Mr Lee also agreed that filmmakers should be selective in their pitching audience.

    - Approaching artists

    Mr Hevia said it is easy for a scriptwriter or director with credibility to present their idea to artists. "Try to assemble a package that looks great," he said. "Be realistic and don't set yourself up for failure."

    Mr Mak suggested being straight with potential cast members. "Find out whether they are interested in being celebrities or actors. If they really want to be an actor, you have to provide the space for them to act," he said. He added that as famous actors may get 10 offers a day a director has to be well-prepared to tell them what kind of film is being planned and how it will be made. He suggested the director to take a respectful attitude and ask the actors to work with him rather than for him. "Get into the scripting details first so that you can get the actor to focus on the job," he suggested.

    Mr Hevia pointed out that since established stars have so many offers, it is a waste of time for a first- or second-time filmmaker to approach them. He suggested getting the actor to focus on the craft, not the money - position it as an opportunity to transcend, rather than a per diem."

    - The importance of awards

    Acknowledging the value of awards in validating and distinguishing a work, Mr Hevia nevertheless advised filmmakers to focus on the craft instead. "How do filmmakers distinguish their work? One does something the other 499 aren't doing. They have to take a familiar genre and make it new," he said. "Awards are the consequence, not the goal." He said his goal is to create a work that respects the craft, and that will be talked about. "That is the priority and the reward."

    Noting that no one can guarantee a hit or an award, Mr Mak said filmmakers have to decide whether they are making a film for an award or a film that tells a meaningful story. "Things that go into an award are not the things you should think about when you are making a film. It shouldn't be about the award," he remarked.

    - Marketing the film

    Mr Mak said there are many ways to market a film, including social media, which can be used free of charge. While marketing involves preparing posters, photos, a musical score and a trailer, the young director said it is the production itself that is most important.

    Mr Hevia said that marketing must be regarded as part of the film from the beginning. Fundamentally, he said, a filmmaker has to make a film that people will want to watch. "So first you have to find out whether people will want to see the film and then think about the writing," he said. "Filmmakers have to understand who their audience is and who will find their story interesting. This is the essence of film marketing."

    - Magic moments

    Mr Hevia also underscored the importance of staying flexible - and focusing on the whole rather than the details - when making a low-budget film. He shared his experience of shooting a short film in Miami on a US$7,000 budget, when the production schedule was interrupted by a hurricane. While the obvious solution was to cancel the shoot, subsequent engagements made that impossible. Consequently, they adapted and shot the film during and after the hurricane, making a very different production which captured plenty of attention. "You could not buy those effects for US$100 million, yet here they were free. You have to be fluid," he said. Mr Mak remarked: "These are magic moments for a filmmaker."

    FILMART website:
    Entertainment Expo website:
    Photo Download:

    Media registration:
    Media representatives wishing to cover the event may register on-site with their business cards and/or media identification.

    About HKTDC

    Established in 1966, the Hong Kong Trade Development Council (HKTDC) is a statutory body dedicated to creating opportunities for Hong Kong's businesses. With more than 40 offices globally, including 13 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China, Asia and the world. With 50 years of experience, the HKTDC organises international exhibitions, conferences and business missions to provide companies, particularly SMEs, with business opportunities on the mainland and in international markets, while providing information via trade publications, research reports and digital channels including the media room. For more information, please visit: Follow us on Google+, Twitter @hktdc, LinkedIn.
    - Google+:
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    HKTDC Comms & Public Affairs Dept. Banbi Chan Tel: +852 2584 4525, Email: Sunny Ng Tel: +852 2584 4357, Email:

    Copyright 2018 ACN Newswire. All rights reserved.

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    Profit for the Year Surges by 71.9% to RMB183.2 Million;
    EBITDA Soars 59.1% to RMB432.5 Million;
    Gross Gas Production Up by 16%

    HONG KONG, Mar 24, 2018 - (ACN Newswire) - AAG Energy Holdings Limited ("AAG Energy" or the "Group"; HKEX stock code: 2686), the leading independent coalbed methane ("CBM") producer in China, announced it has achieved remarkable annual results with profit of RMB183.2million, up 71.9% year-on-year (YoY), for the year ended December 31, 2017 ("the review year").

    During the review year, the Group's gross gas production increased by 16% YoY to 629.9 million cubic meters ("MMCM") (22.2 billion cubic feet ("bcf")) (comprising Panzhuang's gross production of 571.6 MMCM (20.2) bcf and Mabi's gross production of 58.3 MMCM (2.0 bcf)). By December 2017, daily production reached 1.9 MMCM per day, an 18% YoY increase. The combination of rapid drilling and continuous optimization of well design, as well as more new wells that ramped up production in Panzhuang and Mabi led to increased production output in 2017.

    The Board recommends a final full year dividend of HK$0.0248/share for the year ended 31 December 2017 in view of the strong operational and financial performance combined with stringent cost control. The Company's continuing strong cash position, increased cash flow from operations and unused borrowing facilities enable the payment of the Company's first dividends. The outlook for the Company's business remains strong and supports its ability to sustain this dividend in the future.

    During 2017, AAG Energy realized a higher average selling price ("ASP") of RMB1.30/cubic meter ("cm"), comprising an ASP of RMB1.31/cm and RMB1.14/cm at Panzhuang and Mabi respectively (compared with RMB1.20/cm at Panzhuang for 2016). The increase in ASP at Panzhuang was driven by the government's "coal-to-gas conversion" policy and increased demand for gas during the winter months.

    In July 2017, the Group entered into an exploration phase sales contract with PetroChina Company Limited (PetroChina) enabling Mabi to recognize revenue in the second half of 2017. 2017 revenue (including subsidy and VAT refund) increased by 31.2% YoY to RMB735.5 million. Profit from operations increased by 63.4% to RMB322.1 million in 2017. Profit for the year increased by 71.9% to RMB183.2 million while EBITDA increased by 59.1% to RMB432.5 million.

    In 2017, the total annual incurred Capex was RMB487.3 million, compared to the budget of RMB602.0 million. The average drilling cost for 1 single lateral horizontal ("SLH") well in Panzhuang was reduced by approximately RMB0.9 million per well from 2016. For Mabi, the average drilling cost for 1 pad drill well ("PDW") was about RMB0.8 million by the end of 2017, representing only 75% of similar type well's historical average cost. Looking forward, AAG Energy remains committed to driving costs down and keeping a healthy margin.

    AAG Energy has achieved considerable progress towards key operational objectives during 2017:

    Panzhuang's annual production exceeded targets
    - Total annual production from Panzhuang reached 571.6 MMCM, surpassing the 2017 production target of 557.2 MMCM with a 13% YoY increase.
    - Panzhuang's average daily production in 2017 was 1.57 MMCM per day ("MMCMD"), 13.4% YoY increase.
    - The sales utilization rate in Panzhuang has remained very high at 98% during 2017. Panzhuang's gross sales volume in 2017 increased by 13% to 559.7 MMCM (19.8 bcf), compared with the full year 2016 gross sales volume of 495.5MMCM (17.5 bcf).
    - In 2017, AAG Energy drilled and completed 55 wells (comprising 45 SLHs and 10 PDWs), surpassing the original plan of only 29 wells.
    - Costs per well fell by RMB 0.9 million since 2016.

    Mabi concession achieved good progress and started recording revenue
    - Mabi signed an exploration phase gas sales agreement with PetroChina Company Limited on July 1, 2017.
    - Mabi's 2017 gross pilot production increased to 58.3 MMCM (2.1 bcf) compared with 35.0 MMCM (1.2 bcf) in 2016.
    - The 2017 average daily production for Mabi was 160.0 MCMD, a 68% increase compared to 95.5 MCMD in 2016.
    - ODP I filing expects to be in place in the first half of 2018.
    - The Group drilled 67 wells and hydraulic fractured 56 wells in 2017.

    During the review year, AAG Energy continued focusing on the performance of Health, Safety and Environment (HSE), which has included expanding operation activities. By December 25, 2017, HSE had achieved 5 million man-hours (3 years and 111 days) without Lost Time Injury.

    Looking ahead, the Group will continue to invest in Panzhuang and Mabi as follows:

    The full year plan for 2018 includes drilling 49 SLH production wells, minor workovers on existing wells and minor refracture works. The Group's full-year gross production expectation for Panzhuang is 626.0 MMCM (22.1 bcf) subject to anticipated project execution and related government approvals.

    In Mabi, the Group will focus on execution of the ODP I implementation plan once the plan receives approval. The Group's full-year gross production expectation for Mabi is 97.3 MMCM or (3.4 bcf) subject to anticipated project execution and related government approvals.

    New Opportunities
    The Group has been actively pursuing new oil & gas opportunities for future growth, mainly covering attractive oil and gas assets inside and outside China. In 2017, AAG Energy's Merger and Acquisition team screened numerous deals and progressed several deals to advanced stage of negotiations. The Group is well positioned for further expansion in the near term, and is very excited about prospects in 2018.

    Going forward, as published in the 13th Five Year Plan, the PRC government is committed to establishing the right incentives and market drivers for increasing gas demand by 2020, and CBM is an important part of this plan. The National Energy Administration (NEA) will take further steps in 2018 to incentivize gas production and market reform. These measures will support the Group's growth aspirations beyond being the leading independent producer of CBM in China.

    Dr. Stephen Zou, Chairman and Executive Director of AAG Energy, said, "As a high-productivity and low-cost upstream gas producer with a strong balance sheet, we are well positioned to further expand our production in Panzhuang and commence commercial development in Mabi to satisfy China's growing energy demand. At the same time, the Group will continue to pursue new oil and gas business opportunities within China and in other regional markets to expand its business, serve adjacent communities with clean energy, and realize further returns for shareholders."

    A copy of the report can be found HERE or visit the website:

    About AAG Energy Holdings Limited (HKEX stock code: 2686)
    AAG Energy Holdings Limited is an international energy company and the leader in China's CBM exploration and development sector. It focuses on developing and optimizing the value of unconventional gas resources to supply clean energy to the Chinese economy. AAG Energy's key operating assets, Panzhuang and Mabi concessions, are located in the Southwestern part of Qinshui Basin, which boasts the largest proved CBM geological reserves of any basin in China. AAG Energy's Panzhuang concession in partnership with China United Coalbed Methane Corporation Ltd., is the most commercially advanced Sino-foreign CBM asset in China and the first Sino-foreign CBM cooperative project to have entered full-scale commercial development and production. The Project has a designed annual production capacity of 500 million m3. AAG Energy's Mabi CBM Project in partnership with PetroChina received preliminary ODP Phase I approval from NDRC in November 2013. The designed production capacity of Mabi Phase I is 1 billion m3 per year. With proven ability to commercialize CBM and a highly-respected management team, the Group has attracted support from leading international and Chinese investors including Warburg Pincus, Baring Private Equity Asia, Chinastone and Ping An. For further details, please visit

    Copyright 2018 ACN Newswire. All rights reserved.

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    Shuzo John Shiota (L), President, CEO and Executive Producer of Polygon Pictures Inc and moderator Takafumi Yuki (R), International Alliance Officer, Tokyo Broadcasting System Holdings, Inc
    L-R: Kim Joon Hoo, leader and creator, Biz T; Akiko Matsumoto, PR General Manager, Kadokawa Dwango of Japan; Pakkting Tse, PR and Marketing Manager at Asia Innovations HK and moderator Amy Jo Smith, President & CEO, DEG: The Digital Entertainment Group
    Icon of Asian Animation Features at FILMART Conference

    HONG KONG, Mar 24, 2018 - (ACN Newswire) - Two starkly contrasting themes were paired for the Digital Entertainment Summit 2018, held on 21 March at the 22nd edition of the Hong Kong International Film and TV Market (FILMART), co-organised by the Hong Kong Trade Development Council (HKTDC) and Hong Kong Digital Entertainment Association.

    The first theme introduced internationally-renowned Japanese animator Shuzo John Shiota, one of the great creative forces in Asia's contemporary digital arena; the second theme explored the controversial and confounding area of live streaming - and, specifically, how it manages to make money.

    For his part, Shuzo John Shiota needs no introduction. The President, CEO and Executive Producer of Polygon Pictures Inc - celebrating 35 years at the forefront of Japanese and Asia animation this year - is hailed among the "25 Toon Titans of Asia" by Animation magazine with two Emmy Awards to his name; the first for Disney's TV series Transformers Prime and the latest for Amazon's Lost in Oz.

    With credits extending to Disney's 'Tron: Uprising' and 'Star Wars: The Clone Wars' for Lucasfilm Animation, he has uniquely positioned Polygon as a bridge between Asia and Hollywood, while staying faithful to a "distinctly Japanese style" born from the nation's cultural heritage of anime.

    While initially "at the mercy of big studios dictating our contributed content," Mr Shiota said Polygon is, more recently, welcoming a new era in which the studio of 300 creatives in Tokyo and another 70 in Malaysia can focus more on independent production through new distribution channels and opportunities on platforms such as Netflix and Amazon.

    From their first independent project Knights of Sidonia to last year's Blame!, and most recent futuristic battle to save the future of humanity Godzilla, he said: "For the first time, we are now in a position to independently transmit to the big crowds. We don't have big budgets and big stars, but we take ourselves very seriously in fusing animation styles with our Asian edge, telling our stories to the world and trying to do what no-one else has done.

    "This is how we are competing, with different stories in a different visual anime-influenced style; capturing the essence of Japanese story-telling with emotional tales deeply rooted in our cultural history of manga and anime dating back to the 1960s."

    As a frequent jurist at prestigious international animation competitions for nearly two decades, he believes the future of Asian animation lies in this level of commitment to individual style. "It's interesting that Asian animators started off by copying others, but with progress they are coming up with their own styles," he said. "Asia is so diverse, and there is a world of treasure in every culture. Our industry is very competitive so we need to be different. It's our cultures that differentiate us, and we have always been pretty good at visual storytelling."

    The ubiquitous emoji on social media is a prime example of the strength of Asian visual representation, and how Asian animators have been inspired to successfully create their own styles, he said.

    In the "binge-viewing era," he also said animators should look to the future as "holistic animators;" fusing animation across multiple platforms, such as gaming and consoles, to encourage audiences to "dwell on our content for as long as possible."

    Exploring the Indiscernible World of Live Streaming

    While animation is a shining star of the digital universe, live streaming occupies a more uncomfortable and indiscernible planet. Advertisers and sponsors are understandably wary, given the nature of "live" content, where anything can, and does, happen - with the potential to undermine supporting brands. Live television, which is instantly accountable to large audiences, uses bleepers to try and curb unfortunate remarks and behaviour; live streaming, as a relative newcomer to the broadcasting world, is relatively unregulated. So like many new arrivals on social media, how is it monetised?

    This second theme, Monetising Live Streaming, introduced representatives of three live-streaming platforms - from Hong Kong, South Korea and Japan. But the question of monetising and earning raised more questions than answers, at least for now.

    Kim Joon Hoo, leader and creator, Biz TF, on online platform and search engine Naver, known as "the Google of South Korea," helms a model allowing K-Pop celebrities to interact with their fans globally. "It is important for stars to create a loyal fan base," he said. Without advertising, sponsorship and subscriptions, "it's difficult to find a source of direct revenue, or use the fans as a source of revenue stream. But we believe it is a small market that can grow.

    "We expect the trend to grow and utilise this fan base as a business model. Fans can share experiences with the stars they have a crush on. They can virtually be with their idols. Live streaming is not a short-lived fad. In the future, I believe we will all use it without even realising.

    Like posting photos on Facebook, he said: "Now anyone can broadcast. Everyone can be a creator and everyone an audience. It will be part of our lives and anyone can become a celebrity. This is the era we live in. But how to earn revenue is a difficult question."

    Pakkting Tse, PR & Marketing Manager at Asia Innovations HK which operates an Asia-based streaming platform named "Uplive", said: "Live streaming is here to say. It's a case of building a strong base and that's how we are trying to roll it out." The company's novel model involves "gifting" streaming contributors with an online version of crypto-currency, called Gifto, providing opportunity to earn from submitting content.

    "It's a cutting-edge platform that can make anyone on the street a star, and attractive to anyone with talents," he said.

    Akiko Matsumoto, PR General Manager, Kadokawa Dwango in Japan, a merger of media conglomerate Kadokawa which runs a video sharing site "niconico", said the company's main revenue stream was animation live-streaming from a more conventional subscription base - over two million "premium" paid members of the site that streams music, anime, manga, films and game apps for mobile devices. "We are always looking for more contents from creators because it increases viewing and online activity and grows revenue. As live streaming becomes part of daily life, especially among young people, we are also looking to advertising in the future," she said.

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    About HKTDC

    Established in 1966, the Hong Kong Trade Development Council (HKTDC) is a statutory body dedicated to creating opportunities for Hong Kong's businesses. With more than 40 offices globally, including 13 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China, Asia and the world. With 50 years of experience, the HKTDC organises international exhibitions, conferences and business missions to provide companies, particularly SMEs, with business opportunities on the mainland and in international markets, while providing information via trade publications, research reports and digital channels including the media room. For more information, please visit: Follow us on Google+, Twitter @hktdc, LinkedIn.
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    HKTDC Comms & Public Affairs Dept. Banbi Chan Tel: +852 2584 4525, Email: Sunny Ng Tel: +852 2584 4357, Email:

    Copyright 2018 ACN Newswire. All rights reserved.

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    Chairman and Executive Director of ICBC (Asia) Gao Ming (the fifth from left) and the ICBC (Asia) management team proposed a toast at the cocktail reception.
    Estonian National Symphony Orchestra and Estonian National Male Choir

    HONG KONG, Mar 25, 2018 - (ACN Newswire) - ICBC (Asia) has continued in its steadfast support for the development of arts and culture in Hong Kong, as well as its commitment to giving back to customers and the community. For the sixth consecutive year, ICBC (Asia) is the exclusive sponsor of the Finale of the Hong Kong Arts Festival. This year, the world renowned Estonian National Symphony Orchestra and Estonian National Male Choir joined hands to present the finest music from the Baltic Sea to conclude the 46th Hong Kong Arts Festival.

    Estonian National Symphony Orchestra is one of the most renowned symphony orchestras in the world with a long history. It has performed in over 40 countries around the world since its debut, and organizes nearly 100 concerts annually. It has also been working closely with the Estonian National Male Choir, which has impressed audiences worldwide since its establishment more than 70 years ago.

    To celebrate the grand Finale of the 46th Hong Kong Arts Festival, ICBC (Asia) held a pre-event private cocktail reception, which was hosted by the Chairman and Executive Director of ICBC (Asia), Ms. Gao Ming, in the presence of HKSAR government officials, representatives of the Hong Kong Arts Festival and distinguished guests of ICBC (Asia).

    In her welcome remarks, Ms. Gao Ming, Chairman and Executive Director of ICBC (Asia) said, "ICBC (Asia) is honored to sponsor the Finale of the Hong Kong Arts Festival for the sixth consecutive year, through which we wish to promote the development of arts and culture in Hong Kong, and give back to society. The extraordinary performances by the Estonian National Symphony Orchestra and Estonian National Male Choir have been described as 'the equipoise of power and control' by New York Classical Review, which echoes our philosophy of striving for innovation and excellence while adhering to prudence. ICBC (Asia) has always been upholding the philosophy of 'Sharing, Winning and Developing Together', persisting in customer-centric approach and providing professional and quality cross-border and cross-regional financial products and services to local customers in Hong Kong, 'Going Global' customers of Mainland China, and customers in the Asia Pacific Region and around the world.

    Going forward, ICBC (Asia) will actively tap the opportunities brought by the Guangdong-Hong Kong-Macao Bay Area and the Asia Pacific region, continue to optimize our product structure and create breakthroughs in the aspects of transaction banking, asset management, investment banking and retail banking, etc., and further deepen our relationship and cooperation with our valued customers to achieve mutual benefits, with an ultimate aim of becoming a leading bank for cross-border financial services."

    The Hong Kong Arts Festival is a premier cultural event in the international arts community. The 46th Hong Kong Arts Festival held from 23 February to 24 March 2018 features more than 1,700 outstanding artists from Hong Kong and overseas, who present 130 wonderful performances for audiences in Hong Kong.

    About Industrial and Commercial Bank of China (Asia) Limited
    Industrial and Commercial Bank of China (Asia) Limited ("ICBC (Asia)") is a licensed bank incorporated in Hong Kong. It is the flagship of overseas banking business of Industrial and Commercial Bank of China Limited ("ICBC") - currently the largest commercial bank in China. It has 57 retail outlets (including 28 "Elite Club" Wealth Management Centres) in Hong Kong. It is engaged in commercial banking, investment banking and other financial services including securities, insurance and funds, with a focus on commercial and retail banking as well as financial market related businesses. The total assets of ICBC (Asia) amounted to HK$849.1 billion as of 30 June 2017. Chinese Mercantile Bank and ICBC Asset Management (Global) Company Limited, two wholly-owned subsidiaries of ICBC (Asia), are specialized in RMB services in Mainland China and ICBC's global asset management business respectively.

    Media Enquiries:
    ICBC (Asia)
    Ivy Lee +852 3510 8386
    Christine Gu +852 3510 8914
    Company Website:

    Strategic Financial Relations Limited
    Courtney Ngai +852 2114 4952
    Rita Fong +852 2114 4939
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    Company Website:

    Copyright 2018 ACN Newswire. All rights reserved.

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    Steady Development of Each Business Segments; Marked Progress in Technology Innovation

    HONG KONG, Mar 25, 2018 - (ACN Newswire) - TravelSky Technology Limited ("TravelSky" or the "Group"; HKEX stock code: 00696), a leading provider of information technology solutions for China's aviation and travel industries, announced its audited annual results for the year ended 31 December 2017.

    In 2017, the total revenue of TravelSky amounted to RMB6,734.2 million, representing an increase of 8.2% year-on-year. Profit before taxation decreased 8.3% to RMB2,631.6 million. Profit attributable to the equity holders of the Company decreased 7.1% to RMB2,248.7 million, after deducting the government grant of RMB 500 million awarded to the Company by local government agencies in 2016 for the purpose of encouraging and supporting the Company's provision of aviation information technology services business on Beijing Shunyi District, the profit attributable to equity holders of the Company increased by 12.7% as compared to last year. Basic and diluted earnings per share were RMB0.77. The Board of Directors recommended a final cash dividend of RMB0.253 per share.

    Mr. Cui Zhixiong, the Chairman of TravelSky said, "During the year, the Group's ICS, CRS, APP, and core open system operated stably. The relocation work of new and old data centers was completed successfully. The Group stably pushed forward the construction of the information security demonstration projects of National Development and Reform Commission, strengthened the information security situation monitoring and improved the overall information security guarantee capacity. In addition, the Group constructed business availability analysis platforms and built up effective failure positioning decision support systems to provide data and platform support for operation and application operation and maintenance. The Group comprehensively completed the replacement of TIM (Tivoli Identity Manager), a commercial management software with its independently-developed user management system and also completed transformation of micro service for user management. The Group conducted specific safety investigation and emergency drills, strongly ensuring the production security, and successfully completed high-level security guarantee work for Spring Festival, the National People's Congress and the Chinese Political Consultative Conference, "The Belt and Road Initiative Forum", and the 19th Communist Party of China National Congress, amounting to a guarantee period of 165 days.

    In 2017, revenue of aviation information technology ("AIT") services increased by 10.9% to RMB3,878.5 million, accounting for 57.6% of the total revenue. Revenue of accounting, settlement and clearing services increased by 7.2% to RMB555.19 million, accounting for 8.2% of the total revenue. Revenue of system integration services decreased by 21.7% to RMB744.3 million, accounting for11.1% of the total revenue. Revenue of data network and others increased by 23.6% to RMB1,556.2 million, accounting for 23.1% of the total revenue.

    For AIT services, benefitted from the favorable development trend of China's aviation industry as a whole, the Group's Electronic Travel Distribution (ETD) system processed approximately 586.2 million flight bookings on domestic and overseas commercial airlines, representing an increase of approximately 11.8% over the same period in 2016. Among which, the processed flight bookings on commercial airlines in China increased by approximately 12.2%, while those on foreign and regional commercial airlines increased by approximately 3.0%. The number of foreign and regional commercial airlines with direct links to the CRS systems of the Company reached 148, with sales percentage through direct links exceeding 99.8%.

    In 2017, the Group further aligned the research and development focus with the industrial trend and customers' demand and continued to enhance its aviation-related information technology services and its extended services, with an aim to fulfill the demand of commercial airlines for the information technology solutions on travel convenience, e-commerce, auxiliary services and international services. As a strategic partner of the Fast Travel project of IATA, our self-developed self-help luggage check-in processing system that has been introduced recently has already been put into operation in a number of airports for multiple commercial airlines in China. The commonly used self-service check-in system (CUSS) has been launched in 164 major domestic and international airports, and the online check-in service has been applied in 288 airports at home and abroad. Such products and services, together with the mobile check-in service and SMS check-in service, processed a total of approximately 232.5 million departing passengers. The number of users of our self-developed mobile application, "Umetrip", has witnessed stable growth and introduced international travel online check-in for users for the first time. During the year, apart from the adoption of our APP services by all major commercial airlines in the PRC, more foreign and regional commercial airlines were using the Company's APP system services, multi-host connecting program services and the Angel Cue platform connecting services, resulting in the increase of the number of such users to 123, with approximately 16 million of passenger departures processed in 100 airports. Meanwhile, all functions of the new-generation passenger service system (the "NG-PSS") jointly developed by the Group and China's main commercial airlines, were fully developed and constructed and all of its sub-systems passed the final acceptance check and owned its own intellectual property, thus to realize the independent control of the core technology.

    For accounting, settlement and clearing services, the Group entered into a new phase of billing and settlement plans (BSP) service contracts with IATA. The Group successfully obtained extended electronic payment license, such that, its system research and development and production was carried out as scheduled. As to IATA billing and settlement plans system projects (IBSPs), the Group implemented the customer development and implementation work of Spain BSP data processing center by grouping and in batches. In 2017, the settlement company completed approximately 867 million transactions in quantity in system service business, and processed approximately 358.8 million pieces of BSP tickets. As an agent, it settled up to USD9.8 billion of income from passenger and freight transport, miscellaneous expenses and international and domestic clearing fees. Its electronic payment trading volume reached approximately RMB72.8 billion.

    For distribution information technology services, the Group put more effort to develop and promote its distributed information technology service and products (such as, small and medium-sized enterprises' travel solutions such as "1etrip", "Lingda" online agent solutions, "lntlStar" international airline ticket management system, and international fare search engines), continued to optimize the product lines for distribution information technology services, in response to the needs of various users.. At the present, the Group's travel service distribution network comprises over 70,000 sales terminals owned by more than 8,000 travel agencies and travel services distributions.

    For airport information technology services, the Group continued to enhance research and development and promotion of airport information technology service and product, secured the market share of the traditional departure front end service and product, actively participated in construction projects of domestic airport information system. The departure front end system of the new-generation APP dominated China's large and medium-sized airports. Furthermore, the Group assisted commercial airline companies in providing various services for passengers, such as, boarding, transit and connection, in 148 overseas or regional airports. The person times of departure passengers receiving such services reached approximately 38.9 million, accounting for 90.1% of the number of passengers returning from overseas of such commercial airline companies. The Group continued to promote Airport Shared Connectivity and Integration (ASCII) to 7 large-sized airport reconstruction and extension projects in Harbin, Changchun, Yancheng and etc. The Group also promoted its ground operation products such as Airport Message Broker(AMB) Platform to 15 airports in Xuzhou, Zhoushan and etc. Its newly developed airport flight operation command information platform was put into use in the airports in Shenzhen, Changsha, Dalian and etc. The customers from the airports in Fuzhou, Jinan, Urumchi and etc. had been newly added to, based on automatic, timely and accurate data collection, assist such airports to achieve universal grasp and fine control of ground production links of flights. This further consolidates the Group's market position in the airport information integration field.

    For air freight logistics information technology services and public information technology services, as per the national "Belt and Road" initiative strategy and air transport safety policy, continued to improve and promote air cargo transport logistics information technology service and product to assist the cargo station and freight forwarder to improve operation and safety level. The systematically processed air waybills reached about 17.3 million pieces within the year. Meanwhile, the Group set up an independent and manageable cloud computing service platform, developed multi-layered cloud computing solutions and provided cloud service for China Bidding Public Service Platform Limited and Guobao Life Insurance Co., Ltd..

    Mr. Cui concluded, "The year 2018 marks the first year of implementing the spirit of the 19th CPC National Congress, a crucial year of securing a decisive victory in building a moderately prosperous society in all respects and bridging the past and the future in implementing the 13th Five-Year Plan, and a year of embarking on a new journey to raise China's civil aviation power. The Group will build on its existing development strategies, uphold the underlying principle of pursuing progress while ensuring stability, pursue high-quality development as a way to raise its capabilities, strengthen areas of weakness and emphasize implementation. Firstly, the Group will improve its long-term security mechanism to lay a solid foundation for development by strengthening safety awareness in production, enhancing support capabilities of safety and security matters, improving the safety responsibility system, strengthening the leadership of security organizations. Secondly, the Group will strengthen its judgment on situation to seize market opportunities by closely keeping up with the industry development trend and focusing on the needs of various types of customers. It will implement business layout comprehensively by taking serious measures to develop products, improving service capability and actively exploring overseas business as a way to focus on our development advantages. Thirdly, the Group will strengthen its leading role in innovation with great efforts to be made to promote the construction of technology platforms, continuously optimize the research and development system and strengthen the construction of scientific and technological innovation platforms in order to boost driving forces for development. Fourthly, the Group will optimize its fundamental management by improving development quality and setting up strategies-oriented, talents-oriented, cost-oriented and rule-of-law-oriented approaches."

    TravelSky Technology Limited (HKEX Stock Code: 00696)
    TravelSky Technology Limited is a leading provider of information technology solutions for China's aviation and travel industry, standing at a core tache along the value chain of China's aviation and travel service distribution. The Group has been devoted to serving the needs of all industry participants ranging from commercial airlines, airports, travel products and services providers, travel agencies, travel service distributors, corporate clients, travelers and cargo shippers, as well as major international organisations such as International Air Transport Association (IATA) and government bodies, with the scope of services covering the provision of critical information systems on flight control, air ticket distribution, check-in, boarding and load planning, accounting, settlement and clearing, etc.. With more than three decades of tenacious development, the Group has built up a complete industry chain for aviation and travel information technology services, established a relatively comprehensive, competitively priced product line of aviation and travel information technology services with robust functionality. For further details regarding to TravelSky, please visit its website at

    Copyright 2018 ACN Newswire. All rights reserved.

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    TOKYO, Mar 26, 2018 - (JCN Newswire) - Mitsubishi Corporation (MC) has entered into an agreement to acquire 33.4% of shares in Moray Offshore Windfarm (East) Limited (MOWEL), through its wholly owned UK-based subsidiary Diamond Generating Europe Limited (DGE), with EDP Renewables, a renewable energy company from Spain. DGE has become one of the main MOWEL shareholders, along with EDPR and ENGIE.

    MOWEL has been developing and, in 2018, will start construction of one of the UK's largest offshore wind farms. The project is located in the North Sea, 22km off the coast of Scotland. It will have a maximum capacity of 950MW and will generate enough energy to supply nearly 1,000,000 households from its scheduled commissioning in 2022.

    DGE has established a special team of highly qualified in-house professionals which is exclusively dedicated to managing offshore wind power projects, including the existing 130MW Luchterduinen offshore wind farm in the Netherlands and the 370MW Norther offshore wind farm.

    in the Belgium. DGE is now drawing on the know-how it has accumulated through its engagement in those projects to take greater initiative in the development, construction and operation of the MOWEL project.

    A European Commission roadmap suggests that by 2050, the EU is aiming to cut its greenhouse gas emissions to 80% of 1990 levels. In line with that target, the EU expects to generate some 50 GW of offshore wind power capacity by 2030. The introduction of more and more offshore wind power generation in the EU comes with successive technological improvement, which also means that the capacity of wind turbines and the scale of wind farms can get bigger, ultimately making the cost of electricity generated by offshore wind power more competitive than other power sources. In this context, MC sees its participation in successive offshore wind power businesses as an opportunity to contribute to the realization of a "low-carbon" society.

    About Mitsubishi Heavy Industries, Ltd.

    Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, is one of the world's leading industrial firms with 80,000 group employees and annual consolidated revenues of around 38 billion U.S. dollars. For more than 130 years, the company has channeled big thinking into innovative and integrated solutions that move the world forward. MHI owns a unique business portfolio covering land, sea, sky and even space. MHI delivers innovative and integrated solutions across a wide range of industries from commercial aviation and transportation to power plants and gas turbines, and from machinery and infrastructure to integrated defense and space systems.
    For more information, please visit the MHI Group website:
    For Technology, Trends and Tangents, visit MHI's new online media SPECTRA:

    Joseph Hood, PR Manager Mitsubishi Heavy Industries, Ltd. Email: Tel: +81-(0)3-6716-2168 Fax: +81-(0)3-6716-5860

    Copyright 2018 JCN Newswire. All rights reserved.

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    TOKYO, Mar 26, 2018 - (JCN Newswire) - Showa Denko ("SDK"; TSE:4004) has expanded its capacity to produce high-purity hydrogen bromide (HBr), which is used in the manufacture of semiconductors, and started operation of the expanded HBr plant in this March.

    High-purity HBr is a specialty gas mainly used for fine-etching of polysilicon in the manufacturing processes of semiconductors including DRAMs and NAND flash memories. The demand for high-purity HBr has been increasing due to ongoing expansion of the market for semiconductors caused by acceleration in digitalization, such as the progress in the fields of IoT, big data analysis, and automatic driving.

    SDK had a plant to synthesize and purify HBr which had capacity to produce 600 tons a year. However, the plant had been maintaining high operating rate. Therefore, anticipating further increase in the demand for high-purity HBr, SDK expanded the capacity to 900 tons a year, 1.5 times as much as the previous level.

    SDK's business to produce and sell high-purity gases for electronics has a history of nearly 40 years, and customers acclaim our technologies for purification, analysis and quality control built up over many years. As the only company which produces and sells diverse high-purity gases including fluoric, chloric, bromic, and ammoniac gases, SDK offers ideal gases for production processes of its customers.

    SDK positions its business to produce and sell high-purity gases for electronics as "Growth-accelerating business" in the ongoing medium-term business plan, "Project 2020+." We will continue responding quickly to the expansion of the market for electronics, and strengthening and scaling up our high-purity gas business.

    About Showa Denko K.K.

    Showa Denko K.K. ("SDK"; TSE:4004, US:SHWDF) is a major manufacturer and marketer of chemical products serving a wide range of fields ranging from heavy industry to the electronic and computer industries. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial and high-performance gases and chemicals and high-purity gases and chemicals for the semiconductor industry, and the Inorganics Sector provides ceramics products such as alumina, abrasive, refractory and graphite electrodes and fine carbon products. Today, the Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high-bright LEDs and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit

    Public Relations Office Phone: 81-3-5470-3235

    Copyright 2018 JCN Newswire. All rights reserved.

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    to Begin Collaborative Creation for Improving Efficiency of Clinical Trials
    for New Drug Development

    Aiming to shorten the period of clinical trial and reduce development cost, and improve the probability of successful new drug development

    TOKYO, Mar 26, 2018 - (JCN Newswire) - Mitsubishi Tanabe Pharma Corporation (TSE: 4508) and Hitachi, Ltd. (TSE: 6501) today announced that they have initiated collaborative creation for improving the efficiency of clinical trials for the development of new drugs. The companies undertake a wide range of operations to make clinical trials more efficient overall, using Hitachi's advanced digital technology such as AI(1), aiming to shorten the period for development of new drugs and reduce development cost, while improving the probability of successful development.

    The business environment surrounding pharmaceutical companies in Japan is expected to become increasingly severe given the lowering of drug prices and the substantial increase of the market share of generics. For the business to achieve continued growth, a review of the process for the fast development of new drugs that satisfy unmet medical needs(2) is required. In particular, clinical trials in which new drugs are administered to humans for evaluating efficacy and safety as well as possible side-effects are an important process for the successful development of new drugs. However, since the elaborate design of a trial plan is needed, a huge amount of time and the know-how as well as the experience of skilled experts are necessary.

    To meet these challenges, Mitsubishi Tanabe Pharma and Hitachi focused on the fact that a lot of time is spent searching and collecting information from technical knowledge in medicine such as medical papers and in the planning stage of clinical trials, and the two companies began considering automated information search and collection jointly at the beginning of 2017. By utilizing AI technology such as natural language processing and deep learning(4), which the Research & Development Group of Hitachi has developed for medical use, the companies have confirmed that the time spent collecting information is shortened by about 70% when compared with conventional operations, which depend on the know-how of skilled experts, while the accuracy of the data collected and organized is also verified, so that the companies have obtained a perspective on the feasibility of full-scale use.

    Mitsubishi Tanabe Pharma and Hitachi have initiated collaborative creation for making a wide range of operations related to the entire clinical trial process more efficient. Mitsubishi Tanabe Pharma, with a corporate philosophy of that "We contribute to the healthier lives of people around the world through the creation of pharmaceuticals," has long been involved in the research and development of pharmaceuticals, having an advantage in its extensive medical knowledge and wide ranging capabilities for drug discovery. Meanwhile, Hitachi utilizes the knowledge and experience that it has accumulated as a manufacturer over many years, and the digital solution created by its IoT platform "Lumada," undertaking the social innovation business to provide solutions to the issues of its clients. The two companies use their technology and know-how, collaboratively working on improving the efficiency of clinical trials by using an array of advanced digital technologies, including AI. In addition, the companies plan to expand the scope of their collaborative creation in the future to undertake a wide range of demonstration experiments.

    As a first step, Hitachi will roll out a solution of automated technology for collection of information from medical literature to the pharmaceutical industry in Japan and overseas starting in 2018. This automated solution will be developed through collaborative creation with utilization of Hitachi's IoT platform, "Lumada."

    (1) AI: Artificial Intelligence
    (2) Unmet medical needs: medical needs for disease, for which no effective treatment is available.
    (3) Database that provides information on ongoing clinical trials and clinical research through the US National Library of Medicine(NLM), which is jointly run by the National Institute of Health(NIH) and the Food and Drug Administration(FDA) in the United States.
    (4) Deep learning: Machine learning method using a multi-layer deep neural network.

    About Mitsubishi Tanabe Pharma Corporation

    Mitsubishi Tanabe Pharma Corporation is a research-driven pharmaceutical company based in Osaka Japan. Mitsubishi Tanabe Pharma is taking on the challenge of drug discovery in the fields of autoimmune disorders, central nervous system diseases, diabetes and kidney diseases, and vaccines. To those ends, the Company is strengthening its R&D pipeline. Mitsubishi Tanabe Pharma contributes to the healthier lives of people around the world through the creation of pharmaceuticals.

    About Hitachi, Ltd.

    Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society's challenges with our talented team and proven experience in global markets. The company's consolidated revenues for fiscal 2014 (ended March 31, 2015) totaled 9,761 billion yen ($81.3 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company's website at

    Hitachi Ltd Corporate Communications Tel: +81-3-3258-1111

    Copyright 2018 JCN Newswire. All rights reserved.

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    Gunn Media 100 logo
    - McDonald's 'Capacity Based McDelivery' is world's top campaign
    - MediaCom London tops agency ranking
    - MediaCom leads network ranking
    - WPP heads holding company league table
    - Nike ranked #1 brand. Unilever ranked #1 advertiser

    LONDON, Mar 26, 2018 - (ACN Newswire) - Gunn Report, the global index of excellence in advertising, has released the results of the 2018 Gunn Media 100, a global ranking of the world's most awarded and applauded campaigns and companies based on their performance in media competitions around the world.

    Gunn Report, now part of WARC, tracks the winners' lists of close to 30 of the most important global, regional and national media awards shows to compile Gunn Media 100 - a list of the 100 best campaigns for creativity and innovation in media, along with the best-performing agencies, networks, holding companies, brands, advertisers and countries.

    The highest-ranked campaign in the Gunn Media 100 is McDonald's 'Capacity Based McDelivery' by OMD Singapore. To maintain competitive advantages, McDonald's promoted its delivery service McDelivery in Singapore in partnership with Google. By integrating McDonald's first-party data with Google's hyper-local targeting, they maximised media cost efficiency and managed consumer expectations of delivery time through tailored messages, mapping real-time restaurant data against paid search spends via a live API.

    Stephen Li, CEO of OMD APAC, said: "To have our work for McDonald's recognised as best of the best globally, is testament to our unwavering commitment and relentless focus on helping our clients' leading brands continue to cut-through with data-driven creativity. This recognition motivates us to continue our drive in helping brands make better decisions, faster. The 'Capacity Based McDelivery' campaign is the perfect example of this in practice, leveraging real-time data to generate fresh growth for a market-leading brand in a highly competitive category. I could not be more proud of this achievement, and all the other great work coming out of OMD Singapore. It only inspires us to continue raising the bar even further still for our clients."

    In second place is 'Hungerithm' by MediaCom Melbourne / Clemenger BBDO, which saw confectionary brand Snickers partner with 7-Eleven stores in Australia to drive sales and increase category share. Snickers says the internet gets angry when it's hungry. The brand launched 'Hungerithm', an algorithm that analysed 14,000 social posts a day and adjusted the price of the chocolate bar accordingly.The angrier the Internet got, the cheaper Snickers became.

    Ranked third is 'Reword' for Headspace by Leo Burnett Melbourne / Starcom Melbourne. The Australian youth mental health foundation, successfully tackled cyber bullying by putting in place a social media rewording tool that analyses what users type and uses a red line to strike through abusive phrases.

    Three themes have emerged from the world's top campaigns for media excellence:

    - Data is driving fresh media thinking. The top campaign is built around smart use of data. This is a recurring theme in the rankings, as brands look to harness multiple data sources to deliver competitive advantage.
    - An event-led strategy helps brands stand out. As brands struggle to be heard in a fragmented media landscape, there is a growing focus on 'events' such as Super Bowl, US Presidential debates, and Olympics, that can draw a crowd and interest from the press.
    - Partnerships are central to youth-focused media strategy. Partnerships with organisations or individuals that bring their own reach are now a key element of media strategy, particularly for brands targeting younger demographics.
    MediaCom London claims first place in the Gunn Media 100 agency rankings with four campaigns ranked in the top 100: 'Best Day Of My Life' for Shell (#6), 'Singing Our Way To The Top Of The Box Office' for Universal Pictures' Sing (#22), 'Missing Type' for NHS Blood & Transplant (#30) and 'Dark To Light' for Gucci Guilty (#77=).

    PHD New York is in second place also with four campaigns in the top 100. Their highest ranked campaign (#13) is 'The Debate Headache' for GlaxoSmithKline's Excedrin. Mindshare Mumbai is ranked third with three campaigns making the cut.

    MediaCom is the top-ranked network with eight agencies from around the world - Auckland, Bogota, Dusseldorf, London, Mumbai, Melbourne, Mexico City, New York - contributing to the network's poll position. PHD Worldwide is in second place and OMD Worldwide, third.

    For the first time Gunn Media 100 has included a ranking of holding companies. WPP tops the leader board, with three of its networks - MediaCom, Mindshare Worldwide and Wavemaker - ranked in the top 10. Omnicom Group and Interpublic Group follow.

    Stephen Allan, Worldwide CEO and Chairman of MediaCom, said: "This is an outstanding achievement, of which I am extremely proud. Every single person throughout the MediaCom network has contributed to our success and has truly embraced our philosophy of Systems Thinking to great effect.

    "I am, of course, delighted that MediaCom UK has also been recognised within the Gunn Media 100 as the top individual agency, which is incredibly well deserved. But none of this would have been possible without our fantastic clients, agency partners and media owners who have collaborated with us to create globally-celebrated campaigns. We are proud to have contributed towards WPP's achievement of being named the top Holding Company within the same report."

    Sir Martin Sorrell, CEO of WPP, said: "WPP's core purpose is to deliver growth for our clients so we are delighted to receive this recognition of our effectiveness in doing so. And congratulations to MediaCom who, as network and agency of the year, have helped us achieve a hat-trick of awards."

    Nike takes first position as the top brand with four campaigns featured in the top 100, all from the US. McDonald's is in second place, followed by Snickers and Dove.

    Unilever tops the Advertiser's ranking by a significant margin. Procter & Gamble is in second place. Both advertisers have six brands featured in the top 100 campaigns. Mars takes third place with five campaigns in the top 100.

    The US dominates the rankings with 30 campaigns in the top 100, 12 of which feature in the top 20. UK is second with 11 campaigns. Australia and India follow. In total, 24 countries are represented.

    The most highly ranked campaigns and companies in Gunn Media 100 are:

    The world's top 10 campaigns for media excellence
    Rank    Campaign Title          Brand           Agency                         Points 
     1      Capacity Based          McDonald's      OMD Singapore                   136.1 
     2      Hungerithm              Snickers        MediaCom Melbourne /
                                                    Clemenger BBDO Melbourne        131.2
     3      Reword                  Headspace       Leo Burnett Melbourne /
                                                    Starcom Melbourne               129.1
     4      Bachelor Of Shaving     Gillette        MediaCom Mumbai                 122.5 
     5      Bradshaw Stain          Tide            Saatchi & Saatchi New York /    106.1
                                                    Hearts & Science New York
     6      Best Day Of My Life     Shell           MediaCom  London                105.4 
     7=     Sport Chek-The Fastest  Sport Chek      Touche PHD! Montreal            101.3
            Olympic Campaign!
     7=     Bully Ads               Canadian Safe   Touche PHD! Toronto             101.3
                                    School Network
     9      Yasmin's Sex-Ed         Yasmin          PHD Shanghai                     96.7
    10      Like My Addiction       Addict'Aide     BETC Paris                       87.2 

    The world's top 10 best agencies for media excellence
    Rank    Agency          Location             Points 
     1      MediaCom        London, UK           317.2 
     2      PHD             New York, USA        249 
     3      Mindshare       Mumbai, India        235 
     4      PHD             Shanghai, China      211.4 
     5      Mindshare       Shanghai, China      197.4 
     6      Clemenger BBDO  Melbourne, Australia 184 
     7      MediaCom        Mumbai, India        174.9 
     8      Mediaplus       Munich, Germany      171.4 
     9      Touch? PHD!     Montreal, Canada     171.3 
    10      Starcom         Chicago, USA         169.4 

    The world's top 10 agency networks for media excellence
    Rank    Agency Network       Holding Company   Points 
     1      MediaCom             WPP               1360.6 
     2      PHD Worldwide        Omnicom Group     1199.5 
     3      OMD Worldwide        Omnicom Group     1140.8 
     4      Mindshare Worldwide  WPP                890.2 
     5      Starcom              Publicis Groupe    761.1
     6      Universal McCann     Interpublic Group  731.1 
     7      BBDO Worldwide       Omnicom Group      546 
     8      Wavemaker            WPP                526.8 
     9      Dentsu Aegis Network Dentsu             482.2 
    10      McCann Worldgroup    Interpublic Group  447.1 

    The world's top 10 holding companies for media excellence
    Rank     Holding Company     Points 
     1       WPP                 3565.4 
     2       Omnicom Group       3326.7 
     3       Interpublic Group   2131.7 
     4       Publicis Groupe     1597.3 
     5       Dentsu               540.1 
     6       Havas                442 
     7       MDC Partners          88.6 
     8       Hakuhodo DY Holdings  65.1 
     9       Publicis Group        41.4 
    10       Accenture             17.1 

    The world's top 10 brands for media excellence
    Rank   Brand      Sector                               Points 
     1     Nike       Clothing & Accessories                297.5 
     2     McDonald's Retail                                263.7 
     3     Snickers   Food                                  227.9 
     4     Dove       Toiletries & Cosmetics                204.5 
     5     Netflix    Media & Publishing                    194.5 
     6     Shell      Business & Industrial                 180.8 
     7     Samsung    Technology & Electronics              136.1 
     8     Headspace  Non-profit, public sector & education 129.1 
     9     Gillette   Toiletries & Cosmetics                122.5 
    10     US Army    Non-profit, public sector & education 107.3 

    The world's top 10 advertisers for media excellence
    Rank    Advertiser          Points 
     1      Unilever             942.7 
     2      Procter & Gamble     517.6 
     3      Mars                 392.8 
     4      Nike                 283.3
     5      McDonald's           263.7 
     6      PepsiCo              251.4 
     7      Anheuser-Busch InBev 217.1 
     8      Nestl?               195.7 
     9      Netflix              194.5
    10      Royal Dutch Shell    186.5 

    The world's top 10 countries for media excellence
    Rank    Country              Points 
     1      USA                  2841.9 
     2      UK                   1427.5 
     3      Australia             871.6 
     4      India                 854.8 
     5      United Arab Emirates  748 
     6      Canada                684.1 
     7      China                 656.8 
     8      Singapore             363.2 
     9      Brazil                345.3 
    10      Germany               337 

    Commenting on the results of Gunn Media 100, Emma Wilkie, managing director of Gunn Report, says: "Hot on the heels of the recently published Gunn 100 ranking for creative excellence and the WARC 100 index for effectiveness, the newly launched Gunn Media 100 benchmarks media creativity and innovation as well as highlighting media trends based on an independent global analysis.

    "We're seeing that the smart use of data, event-led strategies and partnerships that provide new consumer reach are the main themes currently driving the media industry forward offering new and exciting opportunities in the market place."

    The full Gunn Media 100 rankings - including the world's top 100 campaigns for media excellence, top 50 agencies, networks, brands, advertisers, countries and top holding companies as well as commentaries, the work and credits - are available by subscription on

    About Gunn Report

    The global index of creative, effective and media excellence in advertising

    Gunn Report celebrates award-winning qualities in advertising. It ranks the world's best creative, effective and media ideas as well as companies and countries based on their performance in the most important international, regional and national creative, media, effective and strategy awards contests to produce Gunn 100, WARC 100 and Gunn Media.

    The campaigns it showcases have the power to produce an immediate impact on sales and a longer-term impact on brand building. The Gunn Report's research articles further demonstrate the commercial power of creativity.

    As well as the various rankings, Gunn Report offers a library of more than 3,500 award-winning creative campaigns and a series of research studies. The Gunn Report was founded by Donald Gunn in 1999 and was acquired by WARC in 2016. Gunn Report is available online by subscription.

    About Gunn 100 & Methodology

    The Gunn 100 is an annual ranking of the world's most creative advertising and marketing ideas, along with the best-performing agencies, networks, holding companies, brands, advertisers and countries. Gunn 100 rankings are compiled by analysing the results of over 40 of the world's most important global, regional and national creative awards contests. The awards shows tracked will remain confidential to avoid prejudicing entries to competitions. Points are earned based on the level of the award and are weighted according to the standing of each competition in the global marketing industry, determined in part by a survey of senior advertising management.

    About WARC - your global authority on advertising and media effectiveness is an online service offering advertising best practice, evidence, insights and data from the world's leading brands. WARC helps clients grow their businesses by using proven approaches to maximise advertising effectiveness. WARC's clients include the world's largest advertising and media agencies, research companies, universities and advertisers.

    WARC runs four global and two regional case study competitions: WARC Awards, WARC Innovation Awards, WARC Media Awards, The Admap prize, WARC Prize for Asian Strategy and WARC Prize for MENA Strategy.

    Founded in 1985, WARC is privately owned and has offices in the UK, U.S. and Singapore.

    Amanda Benfell PR Manager +44 20 7467 8125

    Copyright 2018 ACN Newswire. All rights reserved.

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    TOKYO, Mar 26, 2018 - (JCN Newswire) - NEC Corporation (TSE: 6701) today announced the provision of a 10 Gigabit Ethernet Passive Optical Network (10G-EPON) system in support of KDDI Corporation's "au Hikari Home 10 giga," an FTTH service for individual subscribers.

    "au Hikari Home 10 giga" is a new high-speed service that enables the world's fastest(1) upstream and downstream speeds of up to 10 Gbps.

    NEC's 10G-EPON system consists of an Optical Line Terminal (OLT) installed within KDDI facilities and an Optical Network Unit (ONU) installed inside the homes of individual subscribers.

    The small and high-density packaging of an OLT is only the size of a 4U 19-inch rack, yet it houses up to 8,192 ONUs, which helps to minimize the space required for telecommunications carriers to install them.

    Moreover, the volume of an ONU has been reduced by about 65% compared to NEC's conventional products, helping to save installation space inside subscribers' homes as well as storage space for telecommunications carriers.

    "The need for high-speed and large-capacity Internet is expected to continue rising with the sophistication and high-definition of content and the increase in mobile data traffic such as Wi-Fi offload. In addition to this 10G-EPON system for KDDI, NEC will continue to work on the development of optical access technologies that support the strengthening of telecommunications carrier services," said Kazuhiro Tagawa, Deputy General Manager, Network Solutions Division, NEC Corporation.

    NEC will display its 10G-EPON system at Fiber Optics Expo 2018 (FOE 2018) to be held at Tokyo Big Sight from April 4 to 6, 2018.

    (1) Based on Ovum's report from January 2018 which stated "as of 15 January 2018, a 10Gbps symmetrical residential mass market FTTH service offering at US$100 or less would represent the fastest and least expensive offering available."

    About NEC Corporation

    NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company's experience and global resources, NEC's advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society. For more information, visit NEC at

    Based on its Mid-term Management Plan 2015, the NEC Group globally provides "Solutions for Society" that promote the safety, security, efficiency and equality of society. Under the company's corporate message of "Orchestrating a brighter world," NEC aims to help solve a wide range of challenging issues and to create new social value for the changing world of tomorrow. For more information, please visit

    NEC Seiichiro Toda +81-3-3798-6511

    Copyright 2018 JCN Newswire. All rights reserved.

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    TOKYO, Mar 26, 2018 - (JCN Newswire) - MegaFon PJSC and NEC Corporation (TSE: 6701) today announced the successful completion of AI technology field tests in Russia-based MegaFon's live network in order to improve the efficiency of planning and maintenance of transport network resources. Tests were conducted in MegaFon Ural's network from October to November 2017, where NEC's AI algorithms carried out analysis of 150 radio links that are considered the most critical from a network construction standpoint.

    During the verification tests, NEC and MegaFon jointly confirmed the effectiveness of the two key features, "Demand Forecast" and "Preventive Maintenance," using NEC's AI technologies, "NEC the WISE".

    Demand Forecast enables timely planning of transport network resources through accurate prediction of network traffic. During the tests, this service boasted an accuracy of over 97% for traffic prediction against actual traffic. This enables more efficient planning of transport network capacity expansion and helps to reduce expenses for unnecessary infrastructure, while also reducing losses from untimely procurement of equipment.

    The Preventive Maintenance feature provides optimal maintenance schedules according to packet loss prediction. The feature accurately predicts packet loss figures several months in advance for each network device and identifies those that are likely to cause disruptions in services. By leveraging this service, MegaFon will be able to prioritize the maintenance of potentially faulty devices.

    "Our partnership with NEC aligns with our goals of efficiently improving the planning and maintenance of networks, which is becoming increasingly complex," said Anton Sherbakov, technical director, MegaFon Ural. "Through analytics of big volumes of data with NEC's AI technologies, 'NEC the WISE,' we have verified that significant improvements can be achieved for the planning and operation of transport networks, resulting in more effective use of resources and providing the highest quality services to millions of subscribers."

    "We are very pleased to see our services streamline and optimize MegaFon's network without the need to expend additional resources," said Mr. Hiroshi Kawada, managing director, CJSC NEC Neva Communications Systems. "We aim to enhance our partnership with MegaFon and to continue delivering the latest innovations to the entire operator network."

    About MegaFon PJSC

    MegaFon PJSC is a leading Russian provider of integrated digital services, operating in all segments of the telecommunications markets in Russia, and in the Republics of Abkhazia, South Ossetia and Tajikistan. MegaFon is a recognized market leader in the provision of mobile data services, was the first operator in Russia to launch commercial operation of a third generation (3G) network and was the first operator in the world to launch commercial operation of an LTE-Advanced (4G) data network. In February 2017, MegaFon acquired a 15.2% equity interest (which represented 63.8% of the voting shares) in Mail.Ru, a leading company in the Russian-speaking internet market. MegaFon is traded on the Moscow Stock Exchange and the London Stock Exchange under the symbol MFON. Mail.Ru is traded on the London Stock Exchange under the symbol MAIL. Additional information about MegaFon and the products and services provided by the telecom segment can be found at and information related solely to Mail.Ru can be found at

    About NEC Corporation

    NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company's experience and global resources, NEC's advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society. For more information, visit NEC at

    Based on its Mid-term Management Plan 2015, the NEC Group globally provides "Solutions for Society" that promote the safety, security, efficiency and equality of society. Under the company's corporate message of "Orchestrating a brighter world," NEC aims to help solve a wide range of challenging issues and to create new social value for the changing world of tomorrow. For more information, please visit

    NEC Seiichiro Toda +81-3-3798-6511

    Copyright 2018 JCN Newswire. All rights reserved.

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    Achieved Remarkable Results from Strategy of International Diversification and Intelligentization

    HONG KONG, Mar 26, 2018 - (ACN Newswire) - China Leon Inspection Holding Limited (the "China Leon" or the "Company", Stock Code: 1586.HK) is pleased to announce its annual results for the 12 months ended 31, December 2017 (the "Review Period"), and has passed the resolution for the proposed payment of the final dividend of RMB0.025 per share for this year.

    In 2017, the economy of the PRC grew steadily, the demand for energy increased slightly, coal price fluctuated at high level, while power generation and coal production volume both recovered and increased. China Leon fully seized the favourable opportunities in the industry and market environment, increased its input of resources and actively planed the strategy layout based on the established international, diversified, intelligentization and information strategies, thereby operating well during the Review Period and recording a stable and sound growth in its performance, which created good returns for its shareholders. During the Review Period, The Company recorded a revenue about RMB200.9 million, a gross profit about RMB110.7 million and a net profit about RMB34.7 million, representing an increase of 7.8%, 14.9% and 3.2% respectively, as compared to the same period in 2016.

    Expanded Service Center Network and Realized Overseas Layout Successfully
    In 2016 and before, the service centers covered primarily major seaports for coal trade in China, providing testing services for seaborne coal trade. In 2017, the Company successfully achieved the cover and expansion of t service center network in domestic and foreign areas: the Company constantly improved the domestic service network, established three new domestic service centers in Jiangyin, Shaanxi and Hubei with its scope of inspection services extending to inland coal trade via rail or truck and the number of domestic service centers reaching 11; the Company established four new overseas service centers in Singapore, India, Malaysia and Indonesia; the overseas service network has covered Southeast Asia and businesses have achieved breakthroughs in terms of diversity; business regarding the inspection of other minerals other than coal as well as oil in overseas service centers was developed.

    Deployed Adequate Resources and Obtained Fruitful Achievements in Scientific Research and Development
    The Company regards the technical improvements as the critical key to its level of service and its ability to achieve competitive advantages in the market, as such, the company deploys adequate resources to advance research and development efforts. In 2017, the Company increased input in research and development, the R&D project "Robot Intelligent Coal Preparation System" obtained the technological accreditation by an industry association and has commenced operation. After appraisal, experts confirmed that such system is efficient and environmental friendly, which filled the gap in coal robotic automation in the PRC and reached international advanced level. Another R&D project "Robotic Automatic Testing System" is being developed, which has attracted much attention from the market. Besides, a new generation of information system "LEON LIMS 1.0" self-developed by the Company officially commenced operation in August 2017, under which information management and control over coal inspection is achieved throughout the entire business process from acceptance of appointment to issuance of certificates.

    Fully Grasped Investment Opportunities and Accelerated the Development of New Regional Market
    In 2016 and before, the Company expanded the business primarily through organic growth. In view of abundant acquisition ancooperation opportunities in the testing and inspection industry and the Company focus on opportunities that can enhance its service capabilities or coverage of services. From 2017, the Company rapidly entered into new regional markets, established overseas service network and entered into inspection service areas of other commodities by introducing outstanding personnel and teams or partners by way of investment holding, thereby further expanding the service capabilities and coverage and laying a solid foundation for the continued growth of the business in the future.

    Mr. LI Xiangli, Chairman, Executive Director and Chief Executive Officer stated: "The Company continueously takes the coal testing and inspection as the core business at this stage, while scientific research innovation, international expansion and diversified development as the direction in the future. Looking forward to the future, the Company intends to further strengthen the leading position in the coal testing and inspection industry through upgrading and expanding the network of service centers, strengthening capabilities in scientific research and innovation, and pursuing strategic acquisition or joint venture cooperation to enhance service capabilities as well as expand service coverage, thereby further develop into an international, diversified and intelligentized advanced third party quality assurance service provider, bringing greater returns to the shareholders of the Company ."

    About China Leon Inspection Holding Limited
    China Leon is the largest coal testing and inspection services provider in China. Through an extensive network of service centers strategically positioned primarily at major coal-trade ports in China together with new overseas service centers, the Company offers a comprehensive suite of testing and inspection services to customers in the coal industry as well as other various domestic and foreign industrial sectors, which includes (1) testing services, (2) surveying services and (3) witnessing and ancillary services. The Company is committed to developing itself into the most credible independent quality assurance service provider in the world.

    Copyright 2018 ACN Newswire. All rights reserved.

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