Kingsley EduGroup Limited Announces Details of Proposed Listing on the GEM of The Stock Exchange of Hong Kong

April 28, 2018, 9:05 pm

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Global Offering of 200,000,000 Shares;
Offer Price Ranges from HK$0.40 to HK$0.50 per Share

HONG KONG, Apr 29, 2018 - (ACN Newswire) - Kingsley EduGroup Limited ("Kingsley") (together with its subsidiaries, the "Group"), a Malaysia-based private education service provider, announces the details of its proposed listing on the GEM of The Stock Exchange of Hong Kong Limited ("SEHK"). It will be the first Malaysia-based education service provider to be listed on SEHK.

Investment Highlights
- The first Malaysia-based education service provider to be listed on The Hong Kong Stock Exchange
- Established private education service provider in Malaysia with proven track record and growth potential
- Kingsley International School is amongst the top 20 international schools in Selangor, Malaysia with these 20 market players accounting for an aggregate market share of approximately 87.8% in 2016 in terms of students enrolment
- Strong revenue growth: Recorded a 58.3% YoY increase in FY2016/17 and a 11.2% increase for the four months ended 31 October 2017 compared to the corresponding period in 2016 respectively
- New campus facilities and upcoming boarding facilities at the KIS Annex Building, expected to come into use in 1Q 2019, are set to attract both Malaysian and non-Malaysian students
- Strive to attract international students from East Asia and other countries in South East Asia with the new campus and boarding options - creating a new income stream from boarding fees

Offering Details
Kingsley plans to offer a total of 200,000,000 shares under the Global Offering (subject to offer size adjustment option), of which 180,000,000 shares will be for International Placing (subject to reallocation and offer size adjustment option) and 20,000,000 shares will be for the Hong Kong Public Offering (subject to reallocation). The indicative offer price range is set between HK$0.40 and HK$0.50 per share.

The Hong Kong Public Offering will commence at 9:00am on 30 April 2018 (Monday) and end at 12:00nn on 4 May 2018 (Friday). The final offer price and allotment results will be announced on 15 May 2018 (Tuesday). Trading of the shares is expected to commence on the GEM of SEHK on 16 May 2018 (Wednesday) under the stock code 8105. The shares will be traded in board lots of 5,000 shares each.

China Everbright Capital Limited is the Sole Sponsor. China Everbright Securities (HK) Limited and Sinolink Securities (Hong Kong) Company Limited are the Joint Global Coordinators, Joint Bookrunners and Joint Lead Managers. Sinomax Securities Limited is one of the Joint Lead Managers of the listing.

Established private education service provider in Malaysia with proven track record and growth potential
Kingsley International School ranked approximately 13th out of 37 international schools in Selangor with an approximate market share of 3.0% in terms of the total student enrolment in Selangor in 2016. The Group has steadily grown in terms of enrolment and revenue during the track record period. Its revenue increased by 58.3% year-on-year to RM29.8 million (approximately HK$60.5 million) for the year ended 30 June 2017. For the four months ended 31 October 2017, the Group's revenue increased by 11.2% compared to the corresponding period in 2016 to RM6.4 million (approximately HK$13.0 million)2. Meanwhile, enrolment grew rapidly at a CAGR of 19.4% from 30 June 2013 to 30 June 2017. As at 20 April 2018, Kingsley International School enrolled 987 students.

Strong reputation for student performance
The students of Kingsley International School achieved a higher distinction rate (attaining A or A*) than the cumulative world percentage as released by Cambridge International Examinations in 14 subjects out of a total of 18 subjects in 2015, 11 subjects out of a total of 17 subjects in 2016 and 12 out of 17 subjects in 2017. Two of its students were awarded and recognised as being the top in Malaysia for First Language English in 2013 and English as a Second Language in 2014 respectively. A number of its graduates who have achieved 8 A* and 9 A* in Cambridge IGSCE are currently studying in prestigious universities around the world, such as London School of Economics and Political Science and University College London.

Experienced senior management team and qualified teachers
Kingsley is led by an experienced senior management team with extensive knowledge and experience in the Malaysian private education industry. Tan Sri Barry Goh, the Group's founder, chairman and executive director, has over 20 years of experience in various businesses including education, property development and construction and has accumulated vast experiences in corporate governance and formulation of business strategies. Dato' Danny Goh, executive director, has over seven years of experience in strategic planning for the education industry. Dr. Chua Ping Yong, executive director, has more than 25 years of experience in the Malaysia education sector and was the head of school and the dean of Tunku Abdul Rahman University College, Malaysia between July 1990 and April 2015. Ms. Ellis Lee, the current chief executive of Kingsley International School, was formerly associate dean and director of operation of UCSI University. Ms. May King, the current principal of the Kingsley International School, joined the Group in September 2011. During the track record period, four of Kingsley International School's teachers were honoured with "Outstanding Teachers National Outstanding Educator Award" by the Ministry of Education in Malaysia.

New campus and comprehensive facilities upon completion of the KIS Annex Building
Kingsley International School moved into the newly built current campus in September 2015, which accommodates a 10-storey school block with a total of 104 classrooms and other facilities. As at 30 June 2016, there were only eight international schools in Subang Jaya and the surrounding municipals, most of which were built before 20111. The new KIS Annex Building is expected to come into use in the first quarter of 2019, and comprises dormitory rooms with accommodation capacity for approximately 883 students, classrooms with a capacity for approximately 667 students, an Olympic-sized swimming pool, a gymnasium and other facilities. As at 30 June 2016, only 35% of international schools in Malaysia and 26% of international schools in Selangor offered boarding facilities1. The relatively new campus facilities and boarding facilities should enhance the Group's competitiveness in attracting prospective students, as international schools with boarding facilities are considered as more secure and convenient compared to the rented premises outside the campus.

Future Growth Strategies
The student enrolment in primary and secondary international schools in Selangor, Malaysia is expected to increase at a CAGR of 15.7% between 2017 and 2021. With its established reputation and track record, Kingsley is set to capitalise on the business opportunities presented by the growing private education market.

To increase student enrolment at Kingsley International School and hence overall revenue and profitability, the Group intends to leverage the new facilities, including boarding facilities, of the KIS Annex Building, which is expected to come into use in the first quarter of 2019, to attract both Malaysian and non-Malaysian students. The boarding fee would become a new source of revenue. In addition, the Group plans to upgrade and expand its facilities and employ additional high quality teachers in its education institutions, which will help attract more high quality students to enrol in its schools.

Moreover, the Group will also work with overseas partners and recruitment agents to attract international students from East Asia and other countries in Southeast Asia. While the Group will continue to leverage word-of-mouth referrals based on the established reputation of its Kingsley International School as a main source of attracting new students, it plans to step up its sales and marketing efforts to promote its brand by expanding its cooperation with mainstream media, effectively utilising online media outlets and school websites. At the same time, it would continue to use online social platforms to promote its schools and educational programmes through promotional materials to highlight the schools' advantages and strengthen its brand, and conduct market research to better understand the needs of students and their parents and appropriately tailor the curricula and other education programmes offered by the Group.

Last but not least, while Kingsley International School will continue to be its focus, Kingsley Tertiary Institutions will bolster the Group's capabilities to offer comprehensive education services. As for Kingsley Skills College, more Malaysia Skills Certificates programmes will be developed to cater for the increasing needs of industry for skilled workers. For Kingsley College, more accredited diplomas will be developed. It will also pursue collaboration opportunities with overseas universities for recognition of its diploma programmes. Kingsley College has entered into a cooperation agreement with Sejong University, Korea, under which the University is to admit graduates of the College into the third year of relevant bachelor's degree programmes, subject to meeting admissions criteria. For Kingsley Professional Centre, the curriculum will be broadened by enlisting more external trainers. More marketing staff will also be engaged to approach targeted corporate customers. For Kingsley Language House, more resources will be devoted to acquisition of necessary accreditation and marketing efforts and it has already applied for accreditation as an IELTS test centre and plans to develop English programmes leading to IELTS qualification. In the long run, Kingsley Language House will also promote one-on-one tailor-made training to students by leveraging the English teaching resources of its Kingsley International School.

Financial Highlights

Year ended 30 June Four months ended 31 October
(RM'000)
(HK$'000)(1) 2016 2017 2017
Revenue 18,822,778 29,794,992 6,380,247
38,210,239 60,483,834 12,951,901
Gross profit 9,556,430 17,458,652 1,807,176
19,399,553 35,441,064 3,668,567
Net profit 3,196,756 11,782,842(2) 328,419(2)
6,489,415 23,919,169(2) 666,691(2)
(1). For illustration purposes, the translation of RM into Hong Kong dollars is made at the rate of RM1.00 to HK$2.03.
(2). The listing expenses are excluded from the calculation of adjusted financial figures.

Use of Proceeds
Assuming the offer size adjustment option is not exercised and the offer price is fixed at HK$0.45 per offer share, being the mid-point of the indicative range of the offer price between HK$0.40 and HK$0.50 per offer share, after deduction of underwriting fees, commissions and estimated expenses payable by the Group in relation to the global offering, the net proceeds from the global offering are estimated at approximately HK$62.5 million and will be used for:

Purposes / Approximately
Renovation of the KIS Annex Building: 47.8%
Settlement of fees for constructing the KIS Annex Building: 38.1%
Purchase of facilities for the KIS Annex Building: 14.1%

About Kingsley EduGroup Limited
Kingsley EduGroup Limited is a private education service provider based in Subang Jaya, Selangor, Malaysia. It principally offers courses ranging from Nursery to A-levels Courses primarily based on curricula developed by University of Cambridge International Examinations and England National Curriculum through its Kingsley International School, and tertiary education programmes through its Kingsley Tertiary Institutions, namely Kingsley Skills College, Kingsley Professional Centre and Kingsley College.

Media Enquiries:
Strategic Financial Relations Limited
Maggie Au +852 2864 4815 maggie.au@sprg.com.hk
Fanny Yuen +852 2864 4853 fanny.yuen@sprg.com.hk
Davis Li +852 2864 4892 davis.li@sprg.com.hk
www.sprg.com.hk

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CNLP Announces Allotment and Issue of New Shares Subscribed by JD.com

April 30, 2018, 3:13 am

≫ Next: Wintermar Offshore (WINS.JK) 1Q2018 Owned Vessel revenue jumps 48% to US$14M

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Synergetic Development Together with e-Commerce Giant

HONG KONG, Apr 30, 2018 - (ACN Newswire) - China Logistics Property Holdings Co., Ltd ("CNLP" or the "Company", together with its subsidiaries, the "Group", Stock code: 1589.HK), a leading provider of premium logistics facilities in China, is pleased to announce that on April 27, 2018 (after trading hours of the Stock Exchange, the Company entered into the subscription agreement ("Subscription Agreement") with JD Subscriber ("JD Subscriber"), which is a subsidiary of JD.com, Inc. ("JD").

Pursuant to the Subscription Agreement, the Company has conditionally agreed to allot and issue, and JD Subscriber has conditionally agreed to subscribe for, 321,068,999 subscription shares, which represents approximately 10.99% of the existing issued share capital of the Company and approximately 9.90% of the issued share capital of the Company as enlarged by the allotment and issue of the subscription shares. The subscription price of HK$2.80 per subscription share represents a premium of approximately 5.66% to the closing price of HK$2.65 per share as quoted on the Stock Exchange on April 27 and a premium of approximately 10.41% to the average closing price of approximately HK$2.536 per share as quoted on the Stock Exchange for the last five trading days up to and including April 26. The net proceeds from the subscription (after deducting the expenses incurred in the Subscription) is estimated to be approximately HK$898.50 million. Pursuant to the Subscription Agreement, JD Subscriber undertakes that it will not sell, transfer or otherwise dispose of the subscription shares for a period of six months from the completion of the subscription. And JD Subscriber shall have the right to nominate one candidate to be put forward for appointment to the Board as a non-executive Director.

JD is a leading technology-driven e-commerce company and retail infrastructure service provide in China, and is listed on the NASDAQ (stock code: JD). JD is a member of the NASDAQ100 and a Fortune Global 500 company. As of December 31, JD operated 7 fulfilment centres and 486 warehouses across China.

Over recent years, the demand of the premium logistics facilities leasing market in China continued to maintain a strong momentum, the demand of the e-commerce, retailers and 3PL has become a main driving force for the advanced logistics facilities sector, taking a leading position in the leasing market. JD Subscriber and its affiliates are currently one of the Company's major tenants of the logistics facilities operated by the Group. The Board considers that the investment by JD Subscriber will enable the Company to further expand its business coverage, optimize site selection and network establishment, and ensure a high occupancy rate. Meanwhile, the fund generated from the allotment and issue of the subscription shares will improve gearing ratio and ensure sufficient liquidity.

Mr. Li Shifa, Chairman and President of CNLP, said, "as a leading e-commerce and retail company in China, JD is one of the Group's largest client. The subscription by JD provides funds for the Group's development, broadens the shareholders' base, and is in the interests of the Group and the shareholders as a whole. Subscribing the Company's shares at a premium and promising a lock-up period of six months shows that JD is full of confidence in the Company's prospect. Furthermore, entitled the right to nominate the appointment of one director indicates JD's resolution to develop coordinately with the Group. JD's strengths in e-commerce and retail industry will provide a wider platform for the Group's future development. Entering into the Subscription Agreement will help the Group's development in logistics infrastructure, further consolidate advantageous leading position in the market, as well as improve JD's core competitiveness in logistics supply chain, thus to realize synergetic development."

About China Logistics Property Holdings Co., Ltd.
CNLP was one of the first pioneering entrants into China's logistic facilities market with an undivided focus on China. The Group offers three types of logistic facilities that catering to the specific needs of tenants, including standardized logistic facilities, BTS logistic facilities and sale-and-leaseback logistic facilities. According to the statistical report issued by DTZ, from the perspective of ranking in respect of total interested GFA, CNLP is the second largest supplier of premium logistics facilities in the Chinese market. As one of the leading enterprises in the industry, China Logistics Property has over 15 years of experience in development and operation of premium logistics facilities and is advantageous in terms of business mode, asset size, operation quality, team capability and development potential. As at 31 December 2017, the area of logistics facilities portfolio held by the Company reached 3.1 million sq.m, and the Company had 130 logistics facilities in operation in 27 logistics parks, located in logistics hubs in 14 provinces or centrally administered municipalities.

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Wintermar Offshore (WINS.JK) 1Q2018 Owned Vessel revenue jumps 48% to US$14M

April 29, 2018, 9:00 pm

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JAKARTA, Apr 30, 2018 - (ACN Newswire) - Wintermar Offshore Marine (WINS.JK) has announced 1Q2018 results. Driven by an improvement in vessel utilization, Owned Vessel revenue jumped 48% to US$14 million, compared with a loss of US$0.3 million in 1Q2017. This comprised 84% of the quarter's revenue, boosting the overall gross margin to 20%, compared to -2% for 1Q2017.

Total revenue for 1Q2018 stood at US$16.6 million, up 27% compared to 1Q2017, reflecting the recovery in the oil and gas industry. Total gross profit stood at US$3.3 million, compared with a loss of US$0.3 million for 1Q2017.

Owned Vessels Division

Owned Vessel Utilization rose to 70% for 1Q2018 compared to only 50% in 1Q2017, supported by better utilization of mid- and high-tier vessels which had been idle in the same period last year. The new vessel purchased during 4Q2017 also contributed positively.

With a higher number of vessels becoming operational, crew costs also increased by 19% to US$2.45 million and maintenance costs rose by 56% to US$0.9 million, as vessels which were previously warm stacked were mobilized for work.

Fuel cost salso increased 159% to US$0.4 million, resulting from a new "wet contract" where fuel is included in the vessel owner's cost. Depreciation fell slightly to US$6.7 million as a result of vessel sales and impairments taken in 2017.

This quarter saw the start of a collaboration with a new consortium to provide air diving and ROV services on our modified AHTS vessel, for the inspection of underwater pipelines. Contracts in Papua New Guinea and Seismic work in Eastern Indonesia also concluded during the quarter, and the vessels which were deployed in those projects underwent maintenance to prepare for new contracts beginning in 2Q2018.

Chartering and Other Services

The Chartering Division saw a 41% decline in revenue to US$1.7 million compared to US$2.9 million in 1Q2017, following the completion of a drilling project last year which has not been renewed. Management continues to prioritise Owned Vessels for tendering as the margins are higher. Gross profit from chartering fell by 90% from US$0.56 million in 1Q2017 to US$58,000 for the same quarter this year.

The fall in income from the Chartering Division was offset partially by an 81% YoY rise in gross profit from Other Services to US$ 0.4 million, owing to higher ship management income and fees relating to completion of one of our contracts.

Indirect Expenses and Operating Profit

Indirect expenses fell slightly by 4% YoY to US$1.8 million for 1Q2018, mainly as a result of lower staff expenses, while other marketing expenses rose because of much more activity in tendering.

After a year of operational losses, the Company turned in an Operating Profit for 1Q2018, which amounted to of US$1.5 million. This compares with an operating loss of US$2.2 million in 1Q2017.

Other expenses and interest bearing debt

Interest expenses fell by 26% in 1Q2018 to US$1.6 million. The Company paid down a significant amount of debt over the past 12 months, thus reducing interest bearing debt by US$29 million as at end March 2018 compared to one year ago at March 2017.

Apart from fully paying off loans on two vessels in 1Q2018, there was a debt prepayment made, using part of the proceeds of new equity issuance received in the quarter. Two old vessels were sold for scrap and one low tier vessel was committed to be sold in April, resulting in a small loss on sale of fixed asset amounting to US$0.2 million.

EBITDA

EBITDA for 1Q2018 jumped by 72% YOY to US$8.2 million as compared to US$4.8 million in 1Q2017, reflecting much better operational results from Owned Vessels.

Net Loss Attributable to Shareholders

The Net Loss Attributable to Shareholders fell to US$1.3 million for 1Q2018 compared to a loss of US$ 4 million in 1Q2017.

Industry Outlook

Oil Prices continued to be robust in 1Q2018, finally rising above US$70 per barrel in April for the first time since 2014 on tensions in the Middle East and Venezuela.

Although activity has picked up, OSV charter rates are still weak as there is still an oversupply of vessels. New Projects are also being approved at much lower costs, driving more efficiency in the industry. Over the quarter we noticed more transactions of older vessels, and some troubled companies going under, as well as a few fortunate ones being rescued. Scrapping of rigs and OSVs continued, which is taking the demand and supply balance to a better level.

Globally, the rising geo-political risks in 2018 have triggered upward adjustments to oil price forecasts by EIA and the World Bank for the next few years, supporting a stronger business outlook for oil support services.

In Indonesia, SKK Migas has announced that there are 50 upstream oil and gas projects due to start production in the next ten years that are expected to produce 84,700 bpd of petroleum output and 6,100 mmscfd of gas, with a total investment of Rp160 trillion (US$11.9 billion). Of these 50 projects, 30 are offshore fields.

Not included in the projections are two large projects, which are in the process of Front End Engineering Studies, which are the Indonesian Deepwater Development (IDD) Project and the Masela Field, which if approved to proceed, will significantly increase the level of drilling activities in future years.

Business Outlook

There are some longer term tenders in progress, but commencement begins in 3Q2018 onwards. In the meantime the higher tier fleet will be deployed on spot contracts. The plan is to continue to sell older and low tier vessels in line with keeping a younger fleet, and we hope to book more vessel sales in the coming months.

The tendering activity in 2Q2018 combined with a lower net gearing ratio of 44% by end 1Q2018 compared to 50% as at end December 2017 should contribute to better profitability in the second half of the year.

Total contracts on hand as at end March 2018 were US$83.4 million.

About Wintermar Offshore Marine Group

Wintermar Offshore Marine Group (WINS.JK), developed over 40 years with a track record of quality that is both a source of pride and responsibility that we are dedicated to upholding, sails a fleet of more than 70 Offshore Support Vessels ready for long term as well as spot charters. All operated by experienced Indonesian crew, tracked by satellite systems and monitored in real time by shore- based Vessel Teams.

In 2011, Wintermar became the first shipping company in Indonesia to be certified with an Integrated Management System by Lloyd's Register Quality Assurance, comprising ISO 9001:2008 (Quality), ISO14001:2004 (Environment) and OHSAS 18001:2007 (Occupational Health and Safety). For more information, please visit www.wintermar.com.

Contact:
Ms. Pek Swan Layanto, CFA  
Investor Relations
PT Wintermar Offshore Marine Tbk
Tel: +62-21-530-5201 Ext 401
Email: investor_relations@wintermar.com

↧

New Season Starts at Spa for TOYOTA GAZOO Racing

April 29, 2018, 9:21 pm

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Toyota City, Japan, Apr 30, 2018 - (JCN Newswire) - TOYOTA GAZOO Racing gets the 2018-19 FIA World Endurance Championship (WEC) season started this week with the Total 6 Hours of Spa-Francorchamps in Belgium.

Fernando Alonso will make his WEC race debut in the #TS050 HYBRID car he shares with last year's Spa winners Sebastien Buemi and Kazuki Nakajima while the #7 line-up of Mike Conway, Kamui Kobayashi and Jose Maria Lopez are reunited for a second season.

Saturday's opening race, which takes place only around 120 km from the team's base in Cologne, Germany, marks the start of a new era for TOYOTA GAZOO Racing in endurance, one in which the performance and efficiency of its hybrid electric powertrain will be tested like never before.

Following six years of competition with hybrid competitors from fellow manufacturers in LMP1, this year TOYOTA takes on a field of eight private, non-hybrid cars who benefit from significant performance enhancements, such as 49% more fuel energy per lap, 37.5% more fuel flow and 45 kg lower minimum weight.

To compete under those conditions requires TOYOTA's hybrid electric powertrain to again demonstrate the development progress which has seen a 35% reduction in fuel consumption at Le Mans since 2012. Such advancements contribute to TOYOTA's ongoing efforts to make ever-better road cars for customers, with more than 11million hybrid electric road cars sold since 1997.

TOYOTA GAZOO Racing has embraced the challenge and prepared its TS050 HYBRID cars for the new season, with more than 25,000 km of winter testing completed prior to Spa, where the clear target will be to win for a third time at the classic Belgian circuit.

TOYOTA has raced six times in WEC at Spa, which is considered a second home event for the team, behind Fuji Speedway, as the track is located only an hour's drive from the TOYOTA GAZOO Racing technical centre in Cologne, Germany.

The Spa race is traditionally a warm-up to the Le Mans 24 Hours in June as it offers the final chance for teams to compete with their cars before the biggest race of the year. This year the race has the additional honour of also being the first race of a season which includes eight events covering 84 hours of racing which finish at Le Mans 2019.

The 1,000 hp TS050 HYBRID will compete in low-downforce Le Mans specification, which sacrifices aerodynamic grip in corners for higher top speed on the long straights of Spa or La Sarthe. Last year the low-downforce TS050 HYBRID set the fastest single lap time of the weekend, when Stephane Sarrazin in the #9 lapped quicker than either of the high-downforce cars in qualifying.

The first track action of the new season takes place on Thursday, with two 90-minute practice sessions in the afternoon. Friday sees final practice followed by qualifying while Saturday's race begins at 1:30pm local time.

Hisatake Murata, Team President

"It is an exciting time of the year; I am sure all team members and fans cannot wait to see the first race. We don't know exactly what to expect in terms of performance because there are many unknowns with the newcomers to LMP1 but for the fans I am sure this only adds to the excitement. Our priority this season is obviously victory at Le Mans. Although we have completed an intensive pre-season testing schedule, nothing compares to the challenge of racing so Spa is an important step in our preparation. Our three consecutive wins at the end of 2017 have set a high standard, so our target this weekend has to be the centre of the podium."

Mike Conway (TS050 HYBRID #7)

"Spa is one of my favorite circuits, so I can't wait to get there and get back on track. It should be interesting driving the low-downforce package there and I'm sure it's going to feel quick through Radillon. I like the event in general in Spa, the fans are proper petrol heads and the atmosphere, especially if we get good weather, is always great. We were very strong there last year and the #7 could have won, but we got unlucky with safety cars. So after a lot of work in pre-season to be prepared, I'm looking forward to kick off the season now and I hope to do so with a strong result."

Kamui Kobayashi (TS050 HYBRID #7)

"Spa is a fantastic circuit and I always enjoy driving there, especially because we have a lot of fans and colleagues to cheer us on. It's the first race of the season so it's the first time to see where everyone is in terms of performance, so it is an important part of our Le Mans preparation. Our car was very strong last season but it's a different situation now with the non-hybrid LMP1 cars. Our target is always to win and the team has worked really hard in pre-season to give us the best chance to do that."

Jose Maria Lopez (TS050 HYBRID #7)

"Of course I'm really looking forward to the first race of the season in this great championship. The winter was long, too long for my taste, so I can't wait to drive the TS050 HYBRID in race conditions. We've been working hard and we hope to be at a good competitive level. For me it's going to be a new experience because I was injured last year and missed Spa, so it will be my first time racing there in an LMP1 car. I'm really excited to race our car around this track and I'm hoping for a good result for the team."

Sebastien Buemi (TS050 HYBRID #8)

"We are finally attending the first race of the 2018-19 WEC season and I can't wait to start, especially on such an iconic circuit. We won twice here, in 2014 and 2017, so I have some great memories. It will be our very first race together with Fernando and I am very much looking forward to it. In the past the weather was very good so let's cross our fingers it will be similar again this year. We now know the car very well and we already had our first test alongside our competitors at Paul Ricard but this will be the first real fight."

Kazuki Nakajima (TS050 HYBRID #8)

"This is the start of my seventh season in WEC and I hope it will be a memorable one. I have mixed memories of Spa but the highlight is obviously the victory alongside Sebastien and Anthony last year. We have a different downforce package this time so it will be interesting to see how that changes the feeling, but I am sure we can be strong and move forward with our Le Mans preparations. After a lot of testing together, it will be our first time to race alongside Fernando; I know that will be really exciting for fans and it's interesting for us as drivers too."

Fernando Alonso (TS050 HYBRID #8)

"After all the hard work done by the team in pre-season testing it is great to be going to my first race in the FIA World Endurance Championship with TOYOTA. It's a very exciting time for me as Le Mans comes closer. So far I have very much enjoyed my first taste of endurance racing; working together with Sebastien and Kazuki, and in fact all the drivers, has been a great experience. There is such a strong team spirit here; everyone is working together for the same target so I can't wait to work together at a race weekend for the first time."

A season preview video has been launched to mark the start of the new WEC season and this can be viewed at https://youtu.be/pZ2Tojgw-CQ

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 www.toyota-global.com.

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

↧

Hong Kong Gifts & Premium Fair and Printing Fair Draw 64,000+ Buyers

April 29, 2018, 11:00 pm

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Crowds throng the 33rd Hong Kong Gifts & Premium Fair. The popular show attracted more than 48,000 buyers during its four-day run (27-30 April)

The Hong Kong Gifts & Premium Fair continues to be the world's largest event of its kind. Its highlight zone, the Hall of Fine Designs, attracted more than 130 renowned brands.

The World of Camping and Outdoor Goods, featuring more than 90 exhibitors from around the world, was launched to cater to the industry's latest needs.

- Over 90% Gifts Industry Players Surveyed See Steady/Growing Sales
- Best Market Potential Seen in Western Europe and Chinese Mainland

HONG KONG, Apr 30, 2018 - (ACN Newswire) - The 33rd Hong Kong Gifts & Premium Fair, organised by HKTDC, concluded today at the Hong Kong Convention and Exhibition Centre. The concurrent 13th Hong Kong International Printing & Packaging Fair, jointly organised by the HKTDC and CIEC Exhibition (HK) , also came to a close at AsiaWorld-Expo. The four-day twin fairs together attracted over 64,000 buyers from 145 countries and regions, up 3.5 per cent over last year.

Among emerging markets, Russia, India, the Chinese mainland and Association of Southeast Asian Nations (ASEAN) countries saw notable growth in buyer attendance, while many traditional markets, including France, Korea, Canada, Germany and the US also recorded double-digit percentage increases. Over 48,000 buyers attended the Gifts & Premium Fair, while close to 16,000 buyers visited the Printing & Packaging Fair.

"In the face of fast-changing consumer demands, businesses with a good grasp of market trends will have an advantage. Therefore, we commissioned an independent on-site survey at the Gifts & Premium Fair once again to gauge participants' views on market prospects and product trends," said HKTDC Deputy Executive Director Benjamin Chau. "The survey found that the gifts and premium industry is optimistic about the market this year - and more so than they were last year."

Gifts industry optimistic on prospects; advertising items seen leading market growth --

Of about 940 exhibitors and buyers polled, 93 per cent expected overall sales of their businesses to remain steady or improve this year. The proportion of respondents who expected increasing sales was up 11 percentage points over last year. About 60 per cent of respondents expect production or sourcing costs to increase. More than half of respondents, however, did not expect to raise FOB selling prices or retail prices, suggesting that they will not transfer the increased cost to customers.

"Among major export markets, most of the respondents (70%) see Western Europe as having the best prospects in the next two years, followed by the Chinese mainland (64%), Japan (63%), North America (56%), Hong Kong (56%) and ASEAN countries (55%)," said Mr Chau. "We encourage industry players to capitalise on the opportunities available in these markets."

The survey also analysed product trends in the gifts and premium market. Thirteen per cent of respondents expect advertising gifts and premiums to have the strongest growth potential this year, followed by tech gifts (11%), figurines and decorations (10%), and toys and sporting goods (9%).

World's largest gifts fair --

The Hong Kong Gifts & Premium Fair welcomed 4,360 local and overseas exhibitors from 35 countries and regions, making it the world's largest trade fair of its kind and an ideal platform for companies to present their new products. The highlight zone, the Hall of Fine Designs, attracted more than 130 renowned brands, including Italian brand Pininfarina, a first-time exhibitor which showcased an innovative patented inkless pen that was well received by buyers.

In response to the latest product trends, the World of Camping & Outdoor Goods was launched at the fair, featuring more than 90 exhibitors from around the world. A number of other thematic zones were set up to facilitate marketing and sourcing, including the World of Gift Ideas, Licensed Gifts, Travel Goods & Umbrellas, Startup Zone and Tech Gifts.

"I like the World of Camping & Outdoor Goods because I found some interesting items such as portable BBQ grills, outdoor umbrellas, picnic sets and beach mats, which make perfect promotional items," said Benjamin Du Toit, Giftwrap Trading Pty Ltd, a buyer from South Africa. "I found 20 potential suppliers of different promotional gifts. I already placed US$3mil on-site orders with four of my existing suppliers. I plan to place an order with a new supplier from the Chinese mainland for US$200,000 worth of various promotional items after the fair," he added.

New products showcased at the Printing & Packaging Fair --

The concurrent Hong Kong International Printing & Packaging Fair featured more than 480 exhibitors from six countries and regions, showcasing a broad spectrum of printing and packaging solutions. Highlights included the De Luxe zone, which featured value-adding and high-end packaging solutions for various industries, helping businesses sharpen their competitive edge.

Catering to the needs of different industries, the fair comprised the Innovative Retail Display Solutions, Green Printing & Packaging Solutions, Digital Printing & 3D Printing, and Food & Beverage Packaging Solutions zones. Pavilions representing the Graphic Arts Association of Hong Kong, Hunan province and Shenyang city of the mainland, as well as Korea made their debut this year, creating additional opportunities for buyers looking for the latest printing and packaging products and services.

"We love this fair, which can really drive our business growth. We plan to take up a bigger booth next year," said Phan Hoang Hai, CEO of first-time exhibitor Viet Style Service Trading Company Limited from Vietnam, which aimed to raise its brand's profile and meet more international customers at the fair. "We've met with a number of buyers from different places such as Australia, Canada, the Chinese mainland, Greece, Hong Kong, Italy and Singapore. They are all very keen to import our products."

Full press release, with Survey summary, can be viewed at https://bit.ly/2HFDdnL

Fair Websites:
http://hkgiftspremiumfair.hktdc.com/
http://www.hkprintpackfair.com
Photo download: https://bit.ly/2HAVnv8
Comments from exhibitors and buyers: https://bit.ly/2Kn92U8

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 more than 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 business insights and information via trade publications, research reports and digital channels including the media room. For more information, please visit: www.hktdc.com/aboutus. Follow us on Google+, Twitter @hktdc, LinkedIn.
- Google+: https://plus.google.com/+hktdc
- Twitter: http://www.twitter.com/hktdc
- LinkedIn: http://www.linkedin.com/company/hong-kong-trade-development-council

Contact:
Katherine Chan, Tel: +852 2584 4537, Email: katherine.cm.chan@hktdc.org
Sunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.org

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Radio ad investment stable, but the rise of digital audio presents a new frontier

April 29, 2018, 11:00 pm

≫ Next: Lubrizol to Present Expert Super Sessions at NPE 2018 on Estane(R) Thermoplastic Polyurethane (TPU) Innovations

≪ Previous: Hong Kong Gifts & Premium Fair and Printing Fair Draw 64,000+ Buyers

Spend on digital audio formats is rising in the US

Global Ad Trends - A focus on radio and digital audio advertising

LONDON, Apr 30, 2018 - (ACN Newswire) - Radio and digital audio advertising is the focus of WARC's latest monthly Global Ad Trends report, digesting up-to-date insights and evidenced thinking from the worldwide advertising industry.

Following an analysis by WARC, the international authority on advertising and media effectiveness, of its data for the 96 markets included in its Adspend Database, radio advertising spend was found to have amounted to $32bn worldwide in 2017, and is expected to rise by 1.3% this year.

Broadcast radio reaches three-quarters of homes across key markets each week

On average, radio reaches 75% of households every week across WARC's 12 key markets - Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Russia, United Kingdom and United States. Data show that reach is highest in China at 98% or 457.5m homes in 2017. While the equivalent share drops to 77% in the US, the 97.2m households reached is the second-highest total among the measured markets.

Broadcast radio has gained share of total display spend in the majority of key markets, most notably China

Data show that while broadcast radio's share of global display advertising spend has decreased by 1.6 percentage points (pp) to 7.2% over the decade to 2017, the medium has gained share of display spend in the majority of key markets since 2008 - most notably in China, the world's second-largest radio market with spend of $6.5bn. This equated to a 6.4% share of all Chinese display spend last year, up 1.2pp since 2008.

Radio's share was also up in India (+0.6pp), Germany (+0.5pp), Australia (+0.5pp), Canada (+0.5pp), Italy (+0.1pp) and France (+0.1pp) over the period.

Much of radio's global share has been eroded by a dip of 4.0 percentage points in the US, the world's largest radio market at $13.6bn in 2017 (44.1% of all radio spend worldwide). With the US removed, radio's share of display adspend has grown globally by 1.0pp over the last ten years.

Spend on digital audio formats is rising in the US, and is expected to reach $1.6bn this year

While spend on broadcast radio has fallen in the US each year since 2012, US advertisers are investing more heavily in digital audio formats, particularly on streaming platforms such as Spotify.

39 million American adults now own a smart speaker, and two in five (39%) are using it at the expense of traditional AM/FM radio. However, 71% of owners say they are listening to more audio since purchasing a smart speaker.

WARC believes US advertisers will spend $1.6bn on digital audio advertising this year, most of which (81.3% - $1.3bn) will be delivered via mobile devices. Separate research in the UK shows the targeting capabilities of digital audio advertising are particularly attractive to practitioners. The finding comes at a time when company reports show that almost half (49%) of Spotify's ad impressions were delivered programmatically - by utilising consumer data - last year.

Podcast sponsorship offers consumers a clear valueexchange

While podcast advertising is nascent, data show that the format outperformed pre-roll video in driving purchase intent in 57% of cases. Almost four in five (78%) US consumers said that they did not mind the ads or sponsorship messages because they knew they were a means of supporting the podcast. This suggests that most consumers understand the value exchange of podcast advertising.

Summing up, James McDonald, Data Editor, WARC, says: "Broadcast radio continues to be a staple for advertisers, and its share of display investment has grown in the majority of key markets, most notably China, where reach is high and CPMs are low compared to other media.

"In the US, advertisers are investing more in digital audio, lured by the format's targeting capabilities on platforms such as Spotify. Podcast sponsorship also presents an opportunity, as consumers seem willing to tolerate advertising in exchange for supporting the content they love."

Global media analysis: A round-up of radio and digital audio
16% of US consumers who already own a smart speaker
18% of audio adspend directed towards digital formats in the US
57% of podcast ads that outperformed pre-roll video in lifting purchase intent
62% of marketers who agree improved targeting will lead to an increase in digital audio advertising
64% of internet users who also use an online audio streaming service
75% average household reach for broadcast radio across key markets
Other new key media intelligence on WARC Data

Spotify valued at GBP 23.5bn after IPO, despite losses more than doubling to GBP 1.2bn in 2017
Search and social media contributed 85% of UK market growth last year
Facebook click through rates dipped in all measured markets during March
Video accounts for a quarter of online display spend in India
Global Ad Trends is part of WARC Data, a dedicated online service featuring current advertising benchmarks, data points, ad trends and user-generated expanded databases.

Aimed at media and brand owners, market analysts, media, advertising and research agencies as well as academics, WARC Data provides current advertising and media information, hard facts and figures - essential market intelligence for ad industry related business, strategy and planning required in any decision making process.

WARC Data is available by subscription only. For more information visit www.warc.com/data

About WARC

- your global authority on advertising and media effectiveness

warc.com 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.

Contact:
Amanda Benfell
PR Manager
+44 20 7467 8125
amanda.benfell@warc.com

↧

Lubrizol to Present Expert Super Sessions at NPE 2018 on Estane(R) Thermoplastic Polyurethane (TPU) Innovations

April 30, 2018, 12:30 am

≫ Next: JCPenney Strikes a Chord with Exclusive Lionel Richie Home(TM) Collection

≪ Previous: Radio ad investment stable, but the rise of digital audio presents a new frontier

CLEVELAND, Ohio, Apr 30, 2018 - (ACN Newswire) - The Lubrizol Corporation announces its Engineered Polymers business will present two Expert Super Sessions at NPE 2018, centered on Estane(R) Thermoplastic Polyurethane (TPU). Expert Super Sessions, a new educational forum at NPE 2018, allow plastics industry experts to share perspectives on the technology and innovations driving performance in the production and application of plastics.

"Estane(R) TPU High Performance Solutions for Surface Protection and Graphics" will be presented Tuesday, May 8 at 9:30 AM. This session will showcase the benefits of using plasticizer-free Estane TPU in demanding applications where UV resistance, impact and abrasion resistance, low temperature flexibility and self-healing capabilities provide superior value. Lubrizol is a market leader in surface protection technology, with more than 30 years' experience sustaining performance in even the harshest environments. Relevant applications include paint protection, vehicle wraps, automotive interiors, graphics media, signage, flooring, architectural and consumer goods. Processing and extrusion guidelines for Estane aliphatic TPU will be also be covered.

Speakers: Peter Kirk, global surface protection marketing manager, Dr. Sat Nistala, technical service manager, Lubrizol Engineered Polymers

"Advancing Materials, Elevating Performance with Estane(R) TPU" will be presented Wednesday, May 9 at 9:30 AM. This session highlights market trends fueling demand for specialty materials with outstanding physical and mechanical properties. Recent Estane TPU innovations will be highlighted. These bring versatility in processing methods, part design freedom and improvements in manufacturing efficiency, as well as sustainability benefits desirable in a range of specialty applications from footwear to transportation. The session will close with an overview of equipment, set up and processing guidelines to optimize performance and throughput for exacting extrusion applications.

Speakers: Kenneth Kim, global market development manager, Karl A. Jones, technical service, Lubrizol Engineered Polymers

Both Lubrizol sessions will be held in Orange County Convention Center (OCCC) West, Level 2, Room W203A. Susan Krys, vice president of tradeshows and marketing at PLASTICS, commented that, "We are giving NPE2018 attendees expanded opportunities to learn from peers and thought leaders. Expert Super Sessions give plastics experts a forum to present industry-changing ideas and insights, and give attendees the unique opportunity to hear straight from the sources that are shaping the industry."

Beyond Super Sessions, NPE visitors can learn more about innovations and technical support from Lubrizol Engineered Polymers at Booth S12115.

About Lubrizol Engineered Polymers
Lubrizol Engineered Polymers offers one of the broadest portfolios of engineered polymers available today including resins that are bio-based*, recyclable**, light stable, flame retardant, adhesive, chemically resistant, optically clear and fast cycling. Our technology crosses many industries and applications, including surface protection, power and fluid systems, sports and recreation, wearable devices, electronics and automotive. For more information, visit www.lubrizol.com/engineeredpolymers or contact engineeredpolymers@lubrizol.com.

About The Lubrizol Corporation
The Lubrizol Corporation, a Berkshire Hathaway company, is a market-driven global company that combines complex, specialty chemicals to optimize the quality, performance and value of customers' products while reducing their environmental impact. It is a leader at combining market insights with chemistry and application capabilities to deliver valuable solutions to customers in the global transportation, industrial and consumer markets. Lubrizol improves lives by acting as an essential partner in our customers' success, delivering efficiency, reliability or wellness to their end users. Technologies include lubricant additives for engine oils, driveline and other transportation-related fluids, industrial lubricants, as well as additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for home care, personal care and skin care products and specialty materials encompassing polymer and coatings technologies, along with polymer-based pharmaceutical and medical device solutions.

With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 8,700 employees worldwide. Revenues for 2017 were $6.3 billion. For more information, visit Lubrizol.com.

*Bio-based content as certified in accordance with ASTM D-6866.
**Recyclability is based on access to a readily available standard recycling program that supports such materials. Products may not be available in all areas.

All marks are owned by The Lubrizol Corporation.

Lubrizol will present two Expert Super Sessions at NPE 2018 in Orlando, Florida.

Media Contacts
Michael Priola
+1 216 447-5697
The Lubrizol Corporation

Web Sites
www.lubrizol.com/engineered-polymers
www.lubrizol.com

###

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Lubrizol via Globenewswire

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JCPenney Strikes a Chord with Exclusive Lionel Richie Home(TM) Collection

April 30, 2018, 3:00 am

≫ Next: Lubrizol Chlorinated Applications to Attend NPE 2018

≪ Previous: Lubrizol to Present Expert Super Sessions at NPE 2018 on Estane(R) Thermoplastic Polyurethane (TPU) Innovations

Retailer expands soft home assortment with new bedding and bath line designed by Richie

PLANO, Texas, Apr 30, 2018 - (ACN Newswire) - JCPenney [NYSE: JCP] is greeting musical legend, Lionel Richie, with a warm "Hello" as the retailer announces an exclusive home collection designed by the Grammy(R) award winner. Available now at JCPenney.com and in select stores this fall, Lionel Richie Home features simple, classic designs with a modern twist inspired by Richie's travels and his own design aesthetic. Richie's namesake brand includes comforters, quilts, sheets, decorative pillows and bath towels designed to coordinate with the retailer's existing JCPenney Home(R) brand so customers can mix and match products from each collection to create a personal oasis at home.

As a singer-songwriter, record producer and international superstar, Richie is a renowned icon in the music industry. Known for mega-hits such as "Hello," "Endless Love," "Lady," "All Night Long," "Penny Lover" and more, Richie has sold more than 100 million albums worldwide, winning an Oscar(R), Golden Globe(R) and four Grammy Awards over the course of his career. Richie is also a judge this season on the singing competition television series, "American Idol," on ABC.

"It was an easy decision to bring Lionel Richie's first-ever home collection to JCPenney. He is known for his polished, effortless style and he's translated this appeal into a beautiful line of bedding and bath products that will resonate with the JCPenney customer - many of whom are Lionel Richie fans already," said Katheryn Burchett, senior vice president of merchandising. "By expanding our soft home assortment and working with new brand partners, JCPenney continues to focus on being a leading destination for updating your home, and enticing new shoppers to discover the style and quality found in our compelling selection."

Richie played an integral role in the design and development of the entire brand, infusing his style and passion for the home into each piece. The Lionel Richie Home collection features simple, elegant designs in a rich color palette including a black three-piece comforter set with gold accents, a classic dark blue three-piece coverlet set, coordinating sheet sets and embroidered towels, to name a few. Sale prices include $129.99 for a queen comforter set, $39.99 for two decorative pillows and $24.99 for two Euro shams.

"Because so much of my career has been spent on the road, home is truly a retreat for me. It's a place where I can relax and spend time with my family and friends," said Richie. "I am passionate about bringing my experiences at some of the world's finest hotels into the fabric and design of my curated home collection so that JCPenney customers can make their home a tranquil, luxurious escape, without spending a fortune."

Lionel Richie Home is designed to coordinate with the bedding, bath and window products available from JCPenney Home, one of the Company's most popular private brands known for stylish, high-quality home goods at a great value. Shoppers will find the two brands merchandised together in one shop this September so customers can easily create a refined, yet relaxing, home environment.

To download the news release and access product images, please visit:

https://www.jcpnewsroom.com/news-releases/2018/0430_lionel_richie_home_launch.html

JCPenney Media Relations:
(972) 431-3400 or jcpnews@jcp.com
Follow @jcpnews on Twitter for the latest announcements and Company information.

Lionel Richie Media Relations:
Jeff Raymond, Rogers & Cowan
(310) 854-8183 or jraymond@rogersandcowan.com

About JCPenney:
J. C. Penney Company, Inc. (NYSE: JCP), one of the nation's largest apparel and home retailers, combines an expansive footprint of over 870 stores across the United States and Puerto Rico with a powerful e-commerce site, jcp.com, to deliver style and value for all hard-working American families. At every touchpoint, customers will discover stylish merchandise at incredible value from an extensive portfolio of private, exclusive and national brands. Reinforcing this shopping experience is the customer service and warrior spirit of approximately 98,000 associates across the globe, all driving toward the Company's mission to help customers find what they love for less time, money and effort. For additional information, please visit jcp.com.

About Lionel Richie:
International superstar Lionel Richie has a discography of albums and singles that are second to none. His music is part of the fabric of pop music; in fact, Richie is one of only two songwriters in history to achieve the honor of having #1 records for nine consecutive years. With more than 100 million albums sold worldwide, an Oscar(R), a Golden Globe(R), four Grammy Awards(R), the distinction of MusicCares person of the year in 2016, and Kennedy Center Honoree in 2017. In March 2018, Richie put his handprints and footprints in cement at the TCL Chinese Theatre IMAX in Hollywood, one of the oldest awards in Hollywood. The Tuskegee, Alabama native is a true music icon. Lionel Richie is known for his mega-hits such as "Endless Love," "Lady," "Truly," "All Night Long," "Penny Lover," "Stuck on You," "Hello," "Say You, Say Me," "Dancing on the Ceiling," and one of the most important pop songs in history, "We Are the World," written with Michael Jackson for USA for Africa. His song catalog also includes his early work with The Commodores, where he developed a groundbreaking style that defied genre categories, penning smashes such as "Three Times a Lady," "Still," and "Easy." Richie is a judge on ABC's American Idol this season. He launched his Las Vegas headlining residency show, Lionel Richie-All the Hits, at The AXIS at Planet Hollywood Resort & Casino in April 2016. In an unforgettable evening featuring his brightest and best anthems which have defined the music icon's unparalleled career, Richie takes his fans on a spectacular musical journey, performing a variety of his seminal hits. With his most recent All the Hits, All Night Long Tour, Richie sold out arenas worldwide with a set list of his brightest and best anthems. In recent years, he also headlined festivals including Bonnaroo, Outside Lands, and Glastonbury, drawing the festival's biggest crowd ever with more than 200,000 attendees.

###

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: J. C. Penney Company, Inc. via Globenewswire

↧

Lubrizol Chlorinated Applications to Attend NPE 2018

April 30, 2018, 4:00 am

≫ Next: Tanak and Toyota Triumphant Together in Argentina

≪ Previous: JCPenney Strikes a Chord with Exclusive Lionel Richie Home(TM) Collection

The Inventors of CPVC Introduce New Offerings and Capabilities

CLEVELAND, Ohio, Apr 30, 2018 - (ACN Newswire) - The Lubrizol Corporation announces that its Chlorinated Applications team will introduce new, unique capabilities and specialty CPVC compounds at NPE 2018, May 7-11, at the Orange County Convention Center, Orlando Florida.

Long known as the market leader in CPVC piping, Lubrizol has expanded the potential application of novel CPVC compounds. Now, CPVC resins and compounds can be designed for use in a wide range of finished forms, including lightweight profiles, molded parts, foam shapes, flexible sheets and other customized solutions for building and construction, transportation, fire protection, clean room and industrial applications.

Chlorinated Applications' technologies are inherently flame retardant - having high ignition temperature and self-extinguishing properties - without the use of flame retardants and smoke inhibitors.

As the inventors of CPVC, Lubrizol builds on more than 60 years of proven experience working with chlorinated resin and compounds. With unmatched formulating and processing expertise, and customer-focused technical service, the Lubrizol Chlorinated Applications team is ready to help designers and processors optimize products to their specific performance requirements. Formulations can be tailored to optimize flame retardancy, processability and heat performance.

Continuous focus on internal and external innovation and quick responsiveness makes Lubrizol an ideal development partner. If you are an engineer, material specifier, in product development or R&D, or wish to learn more about CPVC and other fire-resistant materials from Lubrizol, stop by and see us at Booth S12115 in the South Hall of the Orange County Convention Center. We welcome the opportunity to collaborate with you.

Looking to expand your product portfolio? Visit go.lubrizol.com/CAPPsNPE2018PR1 to get started.

About The Lubrizol Corporation
The Lubrizol Corporation, a Berkshire Hathaway company, is a market-driven global company that combines complex, specialty chemicals to optimize the quality, performance and value of customers' products while reducing their environmental impact. It is a leader at combining market insights with chemistry and application capabilities to deliver valuable solutions to customers in the global transportation, industrial and consumer markets. Lubrizol improves lives by acting as an essential partner in our customers' success, delivering efficiency, reliability or wellness to their end users. Technologies include lubricant additives for engine oils, driveline and other transportation-related fluids, industrial lubricants, as well as additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for home care, personal care and skin care products and specialty materials encompassing polymer and coatings technologies, along with polymer-based pharmaceutical and medical device solutions.

With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 8,700 employees worldwide. Revenues for 2017 were $6.3 billion. For more information, visit Lubrizol.com.

Lubrizol Chlorinated Applications' technologies deliver fire performance, heat performance and processability and can be tailored to the specific performance requirements of the application.

Media Contact
Erin Edminister
+1 216-447-6352
The Lubrizol Corporation

Websites
www.lubrizol.com/Chlorinated-Applications
www.lubrizol.com

###

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Lubrizol via Globenewswire

↧

Tanak and Toyota Triumphant Together in Argentina

May 1, 2018, 1:41 am

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Rally Argentina: Day 4

Toyota City, Japan, May 1, 2018 - (JCN Newswire) - Ott Tanak and the TOYOTA GAZOO Racing World Rally Team have secured a stunning victory on Rally Argentina: the Estonian's first win with the team in only his fifth event in the Toyota Yaris WRC. Tanak and co-driver Martin Jarveoja were dominant after taking the lead on the first full day, winning 10 stages across Friday and Saturday before controlling their lead over notoriously tough stages on Sunday, finishing up 33.7 seconds clear of the competition.

Esapekka Lappi completed his first Rally Argentina in eighth place. He was hampered by numerous punctures during the weekend, including another on Sunday's first stage that cost him two places in the numerous order. He also showed encouraging pace, however, on what is regarded as one of the toughest rounds of the championship. Jari-Matti Latvala had to retire from the rally on Friday due to the damage caused by an impact with a rock, but he had already confirmed the impressive performance of the Yaris WRC.

Tanak and the Toyota team remain third in the drivers' and manufacturers' standings respectively, but have both closed further on those in front.

Akio Toyoda (Team Chairman)
"I'm very pleased to receive the news came from the other side of the world that Ott Tanak won Rally Argentina. Congratulations and thank you Ott for your first victory with Yaris! I also really appreciate all the fans supporting us. In last year's Rally Argentina, our Yaris WRCs were thoroughly damaged by the rough roads. However, our team members learned a lot and have improved the car, and finally they have got the Yaris back on the top of the podium. Latvala, who unfortunately retired early in the weekend, had run as fast as Tanak before the trouble and left Argentina with positive feeling and strong comment. He said: "the Yaris is very fast." Lappi, who finished 8th overall, also insisted that he learned a lot from his first experience in Rally Argentina. I'm glad to see all the team members are growing and cars are being developed through fighting on the roads of the WRC. The second season is now in its middle phase. TOYOTA GAZOO Racing World Rally Team keeps pushing the limit to deliver good news to the fans. Thank you for your continuing support."

Tommi Makinen (Team Principal)
"This is an absolutely fantastic result for our team. Ott was so strong during the weekend. Of course, he took it a little steadier over the last day, but these last stages were so difficult and there was no point risking this fantastic win. It's his first win for us and it has come on one of the hardest rallies. Everybody has seen that our car can perform in these conditions and that it is strong enough. For us to be so strong together this weekend is something that we couldn't have dreamt of before. We have had some ups and downs so this win is really important. We knew that we have good performance in the car, and now finally we have a brilliant result for all the hard work that the team has put in. Now we hope to continue in the same direction."

Ott Tanak (Driver car 8)
"It is very special to take my first win with the team. We have been improving the car very quickly, and it is now pretty much how I like it. It has been giving me great confidence. It is also great to see how much the team has been supporting me. To dominate a rally like this for the first time is very nice, but it has definitely not been easy. Earlier in the weekend I was pushing a lot. As the gap was growing it was possible for us to control it more and more, and today we were more on the safe side. The direction is good and we are closing up in the championship. It is still fairly early in the season, so now we just need to keep going in the same way in the coming rallies."

Esapekka Lappi (Driver car 9)
"I can take home some positives from my first Rally Argentina. My speed was actually better than I was expecting on my first time here. It helped that we seemed to have the best car here: Ott controlled the whole rally, congratulations to him. We had many issues with punctures during the weekend and we need to investigate what was causing them. Although we had many things that caused us to lose time, we managed to do all the stages, and get the experience. This first part of the season was never going to be easy, with events I did not have enough experience on, but there have been positive moments and I will take this on to Portugal."

FINAL RESULT, RALLY ARGENTINA
1. Ott Tanak / Martin Jarveoja (Toyota Yaris WRC)
3h43m28.9s
2. Thierry Neuville / Nicolas Gilsoul (Hyundai i20 Coupe WRC)
+37.7s
3. Dani Sordo / Carlos Del Barrio (Hyundai i20 Coupe WRC)
+1m15.7s
4. Sebastien Ogier / Julien Ingrassia (Ford Fiesta WRC)
+1m58.6s
5. Andreas Mikkelsen / Anders Jaeger (Hyundai i20 Coupe WRC)
+2m02.6s
6. Elfyn Evans / Daniel Barritt (Ford Fiesta WRC)
+3m06.3s
7. Kris Meeke / Paul Nagle (Citroen C3 WRC)
+3m25.7s
8. Esapekka Lappi / Janne Ferm (Toyota Yaris WRC)
+4m32.6s
9. Teemu Suninen / Mikko Markkula (Ford Fiesta WRC)
+5m38.6s
10. Pontus Tidemand / Jonas Andersson (Skoda Fabia R5)
+12m15.8s
Retired
Jari-Matti Latvala / Miikka Anttila (Toyota Yaris WRC)

What's next?
It is back to Europe for round six of the season, Rally Portugal on May 17-20. Based in Matosinhos near Porto in the north of the country, the event features classic stages on sandy and rocky roads. Grip can be difficult to find on the soft roads during the first pass through the stages, while rocks can be exposed and deep ruts can form during the second pass.

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 www.toyota-global.com.

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

↧

Building the World's first Advanced Blockchain Identity Laboratory

April 30, 2018, 8:00 pm

≫ Next: WARC Awards 2018 - Effective Content Strategy shortlist announced

≪ Previous: Tanak and Toyota Triumphant Together in Argentina

Edinburgh Napier University in £600k collaboration with Blockpass

HONG KONG & EDINBURGH, May 1, 2018 - (ACN Newswire) - The Blockpass Identity Lab, a pioneering new research facility, will explore ways in which blockchain technology can protect personal data from online scammers and cyber criminals.

The laboratory will be built at Edinburgh Napier University's Merchiston campus as part of a £600,000 collaboration between the university and Hong Kong-based Blockpass.

A blockchain is a growing list of records or blocks, which is secured using cryptography and is resistant to modification; the technology is currently being used by Blockpass to develop an identity verification platform.

The research collaboration with the university will see the creation of the Blockpass Identity Lab. The initial three-year collaboration also includes funding for research staff, PhD studentships and a virtualised blockchain environment.

A series of data breach scandals at companies like Yahoo, Uber and Equifax highlighted the risks of centralising the storage of personal user data. Blockpass is using blockchain to develop alternatives which allow users to retain control of their identity, with only they deciding who can access their sensitive personal data.

Blockpass Chief Marketing Officer Dr Hans Lombardo said: "We continue to see identity management at the forefront of blockchain and cryptography discussions as the price of consumer data abuses becomes clearer and more pertinent.

"The creation of this lab in conjunction with Edinburgh Napier University will provide a space where further research and innovation can lead that discussion to newer and more advanced grounds."

A key focus of the lab will be to create world-leading knowledge and innovation around citizen-focused systems which enshrine the right to privacy.

Professor Bill Buchanan of Edinburgh Napier's School of Computing, the Director of the Lab, said: "The world is changing and cryptography is now being used to fix many of the problems we have created on the internet. It can now help create a better society, with the citizen at its core.

"We aim to contribute to the building of a new world, based on blockchain. Whether it is health and well-being, or the changing of our public services, it is likely to be blockchain methods that will provide the foundation for the future".

Dr Sally Smith, Dean of the University's School of Computing, said: "This is another step forward in the advancement of our research and innovation, and builds on a strong track record of success.

"This collaboration builds a foundation for the future, and supports the development of advanced skills in blockchain research."

About Edinburgh Napier's School of Computing
With over 50 academics and 1100 students, School of Computing at Edinburgh Napier University is one of the UK's largest computing departments. School of Computing graduates are highly sought after and well equipped for a wide range of computing, creative computing and information systems careers. For more information, please visit www.napier.ac.uk.

About Blockpass IDN
The goal of Blockpass IDN (www.blockpass.org) is global realization of identity for the Internet of Everything. Through the use of blockchain technology and smart contracts, Blockpass is a production ready Regtech platform offering shared regulatory and compliance services for humans, businesses, objects and devices. Registered in Hong Kong, Blockpass IDN licenses its technology from the non-profit Blockpass Foundation, registered in the Isle of Man.

For more information, please visit:
Promotional video: https://youtu.be/SvO2cw3e-SI
Medium: https://medium.com/@blockpass
Twitter: https://twitter.com/BlockpassOrg
Facebook: https://www.facebook.com/blockpassorg/
Telegram: https://t.me/blockpass

Media contact:
Caitlin Betts
T: +852 9733 4935
E: press@blockpass.org

↧

WARC Awards 2018 - Effective Content Strategy shortlist announced

April 30, 2018, 10:00 pm

≫ Next: Lubrizol Introduces New Branding Elements for Engineered Polymers Business at NPE 2018

≪ Previous: Building the World's first Advanced Blockchain Identity Laboratory

jury chair John Dokes, AccuWeather Network

LONDON, May 1, 2018 - (ACN Newswire) - Campaigns for Cineplex Entertainment, Coca-Cola, Rexona, Visa and Whiskas are among the 21 campaigns that have been shortlisted for the WARC Awards' Effective Content Strategy category - a search for branded content strategies that can demonstrate a business outcome.

Chaired by John Dokes, Global Chief Marketing Officer and General Manager of AccuWeather Network, a judging panel of 16 top industry professionals from agencies and clients alike, looked for evidence of how a content strategy - as opposed to a traditional advertising strategy - has helped a brand achieve business goals.

Campaigns from a diverse range of brands and for a wide variety of different markets have been shortlisted. As well as a global campaign for IKEA, campaigns ran in Brazil, Canada, Egypt, India, Lebanon, Malaysia, Saudi Arabia, Singapore, Thailand, Tunisia, United Arab Emirates, United Kingdom and United States.

The shortlisted entries are:

#TokyoUnexpected - Visa - Visa International - BBDO Bangkok - Thailand
Escape the Dating Apocalypse - Hinge - Justin McLeod and various individual investors - the STUDIO - United States
Fair Sex Fair Say - i-can - Piramal Healthcare - McCann Worldgroup - India
Ask Again - The Live Love Laugh Foundation - McCann Worldgroup - India
If you can dream it, you can Pylox it - Nippon Pylox - Nippon Paint - Ensemble Worldwide - Malaysia
4G Films - Maxis - Maxis Berhad - Ensemble Worldwide, Initiative Malaysia - Malaysia
Da Vinci - IKEA - ACNE, IKEA Creative Hub - Global
Choose What You Love - HSBC - HSBC Bank Singapore - J. Walter Thompson - Singapore
Unveil Saudi - Saudi Telecom Company - J. Walter Thompson - Saudi Arabia
Kitten Kollege - Whiskas - Mars Petcare - AMVBBDO - United Kingdom
The Chronicles of Oufa - EGBank - FP7/CAIRO, Part of McCann Worldgroup - Egypt
Confidence Academy - Rexona - Unilever - FP7/CAIRO, Part of McCann Worldgroup - Egypt
Hijacking the African Cup - Coca-Cola - The Coca-Cola Company - FP7/CAIRO, Part of McCann Worldgroup - Egypt
Web Series - Antarctica - AB InBev - AlmapBBDO - Brazil
Dear Younger Me... - Emirates NBD - Momentum Egypt - Egypt
A Taxi to Dubai - Atlantis - The Palm, Dubai - Atlantis Hotels & Resorts - FP7/DXB - United Kingdom, United Arab Emirates
The Hammam Fighter - Orange - FP7/TUN - Tunisia
The Power of 10p - Smart Energy GB - AMVBBDO - United Kingdom
Slow Trends - Connect - TBWA\RAAD - Lebanon
When You Grow Up - Emirates NBD - FP7/DXB - United Arab Emirates
A Balloon for Ben - Cineplex Entertainment - Zulu Alpha Kilo - Canada

All shortlists for the annual WARC Awards, a global case study competition in search for next-generation marketing effectiveness that focuses on the effective use of emerging marketing disciplines, have now been announced and can be viewed at www.warc.com/warcawards.prize.

The winners of each of the four categories - Effective Content Strategy, Effective Innovation, Effective Use of Brand Purpose and Effective Social Strategy - will be revealed from mid-May.

About Effective Content Strategy jury chair

John Dokes, Global Chief Marketing Officer and General Manager, AccuWeather Network
John oversees strategic branding and marketing of the largest and fastest growing weather media company in the world. With over 25 years of experience in digital and traditional marketing and a history of driving multi-million dollar revenue gains, he has worked with world-renowned brands including Marvel Entertainment and MTV Networks - Viacom. AccuWeather, with global headquarters in State College, PA, now reaches more than 1.5 billion people worldwide every day through smartphones, tablets, wired and mobile internet sites, radio, television, newspapers, and the AccuWeather Network, in addition to serving over 240 of Fortune 500 companies as well as thousands of businesses worldwide.

About WARC

- your global authority on advertising and media effectiveness

warc.com 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.

Contact:
Amanda Benfell
PR Manager
+44 20 7467 8125
amanda.benfell@warc.com

↧

Lubrizol Introduces New Branding Elements for Engineered Polymers Business at NPE 2018

May 1, 2018, 12:00 am

≫ Next: Curt Espeland to address the Wells Fargo Industrials Conference

≪ Previous: WARC Awards 2018 - Effective Content Strategy shortlist announced

CLEVELAND, Ohio, May 1, 2018 - (ACN Newswire) - The Lubrizol Corporation announces its Engineered Polymers business will unveil its contemporary new branding elements at NPE 2018. The new brand statement, "Advancing Materials. Elevating Performance", is complemented by bold imagery, powerful color and visual cues to connect Lubrizol's specialty technology with the benefits it brings in end-use applications.

Julie Shlepr, business development director for Engineered Polymers, notes that, "Advancing Materials, Elevating Performance is both the mission and passion for Lubrizol Engineered Polymers." Shlepr continues, "Our new brand statement represents, at the most fundamental level, our purpose. It's about being inspired by better, and solving problems with customer success at the core. As material science experts, we work collaboratively with customers to build market insights and redefine problems and how they are solved - from the molecular level right through formulation, applications development and performance testing."

Shlepr continues, "As the inventor of thermoplastic polyurethane (TPU), our Estane(R) polymers set the mark for performance and quality. Our polymers bridge the gap between flexible rubber and rigid plastics, with a wide variety of physical and functional property combinations. Through decades of innovation and strong dedication to the markets we serve, we have developed one of the deepest, most specialized portfolios available."

Lubrizol Engineered Polymers' innovative solutions are selected for the outstanding physical and aesthetic properties they provide in many industrial, sports, recreational and consumer goods applications. Focus markets include Surface Protection, Transportation, Consumer Electronics, Consumer Specialties, Industrial Specialties, Performance Footwear and Performance Apparel.

The new branding elements were also featured recently at Chinaplas in Shanghai. Lubrizol works with customers across the globe to make products safer and stronger for better end-use performance, often while simultaneously improving aesthetics and sustainability outcomes. Customers are supported through local sales and technical support, with R&D and manufacturing centers of excellence in each region, and a well-networked global supply chain, so customers have a convenient, single source of reliable solutions across the world.

Visitors to NPE can learn more about Lubrizol Engineered Polymers at Booth S12115 in the South Hall of the Orange County Convention Center. Lubrizol will also present two Expert Super Sessions about Estane(R) Thermoplastic Polyurethane (TPU) innovations.

About Lubrizol Engineered Polymers
Lubrizol Engineered Polymers offers one of the broadest portfolios of engineered polymers available today including resins that are bio-based*, recyclable**, light stable, flame retardant, adhesive, chemically resistant, optically clear and fast cycling. Our technology crosses many industries and applications, including surface protection, power and fluid systems, sports and recreation, wearable devices, electronics and automotive. For more information, visit www.lubrizol.com/engineered-polymers or contact engineeredpolymers@lubrizol.com.

About The Lubrizol Corporation
The Lubrizol Corporation, a Berkshire Hathaway company, is a market-driven global company that combines complex, specialty chemicals to optimize the quality, performance and value of customers' products while reducing their environmental impact. It is a leader at combining market insights with chemistry and application capabilities to deliver valuable solutions to customers in the global transportation, industrial and consumer markets. Lubrizol improves lives by acting as an essential partner in our customers' success, delivering efficiency, reliability or wellness to their end users. Technologies include lubricant additives for engine oils, driveline and other transportation-related fluids, industrial lubricants, as well as additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for home care, personal care and skin care products and specialty materials encompassing polymer and coatings technologies, along with polymer-based pharmaceutical and medical device solutions.

With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 8,700 employees worldwide. Revenues for 2017 were $6.3 billion. For more information, visit Lubrizol.com.

*Bio-based content as certified in accordance with ASTM D-6866.
**Recyclability is based on access to a readily available standard recycling program that supports such materials. Products may not be available in all areas.

All marks are owned by The Lubrizol Corporation.

Lubrizol unveils contemporary new branding elements for its Engineered Polymers business at NPE 2018.

Visitors can learn more about Lubrizol Engineered Polymers at the NPE Plastics Show, Booth S12115 in the South Hall of Orange County Convention Center, May 7-11, 2018 in Orlando, FL.

Media Contacts
Michael Priola
+1 216 447-5697
The Lubrizol Corporation

Web Sites
www.lubrizol.com/engineered-polymers
www.lubrizol.com

###

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Lubrizol via Globenewswire

↧

Curt Espeland to address the Wells Fargo Industrials Conference

May 1, 2018, 3:00 am

≫ Next: Colour Influences 50-85% of Consumer Purchasing Decisions

≪ Previous: Lubrizol Introduces New Branding Elements for Engineered Polymers Business at NPE 2018

Kingsport, Tenn., USA, May 1, 2018 - (ACN Newswire) - Media Advisory Issued May 1, 2018

Industrials Conference:
Curt Espeland, Executive Vice President and Chief Financial Officer, Eastman Chemical Company (NYSE:EMN), will address the Wells Fargo Industrials Conference in New York City on May 8, 2018 at 8:35 a.m. ET.

Live Webcast:
Mr. Espeland's presentation will be webcast live on www.investors.eastman.com.

Replay:
An audio replay of the presentation will be available at www.investors.eastman.com, events & presentations.

Investor Relations Contact:
Greg Riddle, Vice President, Investor Relations and Corporate Communications
212-835-1620 / griddle@eastman.com

Media Contact:
Tracy Kilgore Addington, Corporate Communications Manager
423-224-0498 / tracy@eastman.com

###

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Eastman Chemical Company via Globenewswire

↧

Colour Influences 50-85% of Consumer Purchasing Decisions

May 1, 2018, 8:30 pm

≫ Next: LEH Pharma announces appointment of Chairman

≪ Previous: Curt Espeland to address the Wells Fargo Industrials Conference

Maryann Wong, Director of Sales and Marketing for Pantone in the Asia Pacific region

The Key Role of Colour in Branding Discussed at Hong Kong Gifts Fair Seminar

HONG KONG, May 2, 2018 - (ACN Newswire) - Effectively integrating colour into product design and brand strategy is essential for building a strong brand and product identity, as colour is the most important design element for attracting consumer attention and creating a mood, influencing 50 to 85 per cent of consumer product purchasing decisions. This is according to a presentation by Pantone, a world-renowned authority on colour, at a recent seminar organised by HKTDC.

Maryann Wong, Director of Sales and Marketing for Pantone in the Asia Pacific region, discussed the importance of colour in product and brand marketing, and explained the psychological and physiological effects of different colours and shades, and how their tactful use can help achieve design objectives at a 28 April seminar themed "The Powerful Impact of Colours on Design", held during the 33rd HKTDC Hong Kong Gifts & Premium Fair at the Hong Kong Convention and Exhibition Centre.

Since 80 per cent of human experience is filtered through our eyes, visual cues are essential for getting a message across successfully, and colour is much more prominent than shape or text, explained Ms Wong. She pointed out that we have both physiological and psychological responses to colour, but that most of our reactions to colour are intuitive and emotional; only five percent is rational. Since you have only three seconds to catch a consumer's attention on average, the first impression a colour makes is critical from a product marketing perspective, and managing the psychological meanings of colour is key to communicating your story and making an emotional connection with your audience, she added.

Just as each of us has an individual personality, each colour and shade has a unique meaning and message, according to Ms Wong, and understanding the psychological aspects of colour can help designers use colour as a strategy.

She explained that while consumer reactions to colour generally remain constant over time, they can sometimes change considerably or simply evolve, so colour decisions must be based on current information.

Colour messages --

Ms Wong reviewed today's messages represented by some of the main colours.

Red elicits the strongest of emotions in every culture, she maintained, describing the colour as "captivating", "exciting" and "provocative". Associated with fiery heat and warmth, it increases the metabolism by 13 per cent. Its connotation of vitality makes it a good colour for sports activities and sports drinks. Red is an attention-getting colour, she explained, but it dominates the surrounding colours, so it must be used judiciously. Red is the most accepted bright colour for brands across cultural boundaries, since it connotes excitement and high energy in all parts of the world. She pointed out that in most Asian countries, red is associated with good luck, joy, prosperity, happiness and long life.

Combining red with magenta and purple creates an elegant, cultivated, refined image, she said, which can be used to advantage when promoting luxury products.

Pink captures some of the essence of red, but is more playful, theatrical and bold. Hot pinks radiate high energy, beauty and sensuality, while the lighter pinks and roses connote sweetness and innocence, she said.

She explained the evolution of pink since the 1950s. It was only then that it was first closely linked with women. In fact, it became the colour of the decade. Companies started using pink in their products and marketing that targeted women. Then in 1959 the pink Barbie doll entered the hearts and minds of little girls. It was the way the colour was marketed that determined its acceptance, she said.

But more recently, "protest pink" emerged, as an expression of strength and a rejection of outdated attitudes. Consequently, it has become more appealing to male consumers, she explained. It has wider acceptance in all product categories, and in restaurant and office design.

Yellow, associated with the sun, is the essence of light, signifying vitality and energy, and suggesting intellectual curiosity, according to Ms Wong. It sharpens the memory and helps concentration. Seen as the happiest of colours, yellow is popular for children's toys and clothing. Because it is an attention grabber, especially with black, it is often used in warning signs and to make products stand out in the marketplace.

Orange is a symbol of the fruitfulness of life, she said. The bold and brighter shades are the most fun-loving and impactful, while the shades closer to red are more sultry and sensual. Orange appeals to our senses, stimulating the appetite, so it is good for food products and fast-food restaurants. The 1990s saw the birth of orange in the fashion world, with the deeper orange shades signifying strength, endurance and luxury, and the softer peach hue signifying warmth and welcome.

Brown symbolises longevity and reliability, said Ms Wong, pointing out that even people who profess to dislike the colour often surround themselves with wood because of its association with nature, comfort and contentment. Additionally, the brown hues of chocolate and coffee have led to brown being associated with a luxury feeling today.

Blue, the colour of the sky and the oceans, is the most dominant colour in our natural habitat, symbolising respite, retrospection, peacefulness, tranquility and dependability, making it the number-one choice for colour branding and integrity. Navy blue signifies leadership, confidence and reliability, and aqua and turquoise, the need to escape.

Purple, the rainbow's most complex colour, is enigmatic and magical, says Ms Wong, a marriage between the excitement of red and the tranquility of blue. It represents high creativity, artistry and non-conformance, but also regal luxury, especially when highlighted with metallic gold. Purple is a good colour for branding for companies who want to be thought of as dependable, forthright and innovative, she suggested.

Green, soothing to our eyes and linked with nature, is often used by companies that want to promote the message of good health, Ms Wong explained. Green surroundings cause us to breathe more slowly and deeply, reducing stress. It is therefore a counterbalance to our hectic lives and fast-advancing technology. The colour is becoming more popular in internal and external architecture.

White conveys the message of purity, peace, freshness and hygiene, says Ms Wong. It is the top-selling colour every year and the quintessential colour for contemporary design. It symbolises a calming influence. However, she warns, too much white can be blinding, so an element of colour should be added, or off-whites, which carry warmth.

Black is considered the essence of luxury and is associated with power. It is also associated with gloom and doom to some extent, but in the 1990s, thanks to the black dress and Japanese fashion designers, it became a key fashion colour - sophisticated, elegant and classic in all cultures and for all ages.

Grey, symbolising dependability and calmness, continues to be popular across all product categories, she said.

Ms Wong concluded her presentation be emphasising that colour is a pivotal element in the design process and the single most important part of visual design, and that if used properly, it can make a company, as well as its brand and products, stand out from its competitors.

In the Q&A session, Ms Wong gave a brief background of Pantone's Color of the Year (CoY), which started in 1999. She said the CoY was more than a reflection of trends in the world of design; it was also a commentary on what is needed in the world at a particular time. This year's CoY is ultra violet, which represents innovation, highlighting the need to get people to think about the future and the importance of innovative design. Last year's CoY, greenery, suggested getting closer to nature, relaxing, restoring and regenerating to reduce anxiety.

Fair Websites:
http://hkgiftspremiumfair.hktdc.com/
www.hkprintpackfair.com
Photo download: https://bit.ly/2I5BnAc

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 more than 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 business insights and information via trade publications, research reports and digital channels including the media room. For more information, please visit: www.hktdc.com/aboutus. Follow us on Google+, Twitter @hktdc, LinkedIn.
- Google+: https://plus.google.com/+hktdc
- Twitter: http://www.twitter.com/hktdc
- LinkedIn: http://www.linkedin.com/company/hong-kong-trade-development-council

Contact:
Katherine Chan, Tel: +852 2584 4537, Email: katherine.cm.chan@hktdc.org
Sunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.org

↧

LEH Pharma announces appointment of Chairman

May 2, 2018, 7:00 pm

≫ Next: ONE Pacific Adds FileCloud to its Digitization Offerings

≪ Previous: Colour Influences 50-85% of Consumer Purchasing Decisions

LONDON, May 3, 2018 - (ACN Newswire) - LEH Pharma Ltd, the leading provider of novel ocular implants for macular disorders, today announces the appointment of Sir Henry Riley as Chairman of the Board.

Sir Henry brings to LEH Pharma valuable experience in senior management, building and developing teams, and an impressive technical expertise. Sir Henry was the UK Director and Senior Marketing Advisor for Diehl BGT Defence GmbH. Prior to this, Sir Henry held several senior management positions, including appointments at Thales NL, Phillips UK. This followed a thirty year career in the Royal Air Force during which he flew as a pilot and test pilot, achieving the rank of Group Captain with responsibility for the procurement, adoption and management of new technologies and Government affairs. Sir Henry was knighted in 2003 for services to industry and is also a Fellow of both the Institute of Engineering and Technology, and the Royal Aeronautical Society.

Dr Bobby Qureshi, CEO and founder, commented: "I am delighted to welcome Sir Henry to our Board as Chairman. His significant experience and knowledge are a tremendous asset for LEH Pharma, and I look forward to working closely with him as the Company moves forward."

Sir Henry Riley, Chairman of the Board of Directors, added: "LEH Pharma has pioneered the very latest in eye implants for macular degeneration. Through ground-breaking technology and widely accepted techniques, the latest of these products, EyeMax, is transforming the lives of patients with dry and stable wet AMD, which I am pleased to attest to personally. I look forward to the continued rapid growth of the Company and the reach of this brilliant technology."

For more information, please contact:
LEH Pharma Ltd
Dr Bobby Qureshi
contact@LEHPharma.com
+44 (0) 20 7060 2763

Consilium Strategic Communications
Mary-Jane Elliott, Ivar Milligan, Chris Welsh
LEHPharma@consilium-comms.com
+44 (0) 20 3709 5700

About LEH Pharma

LEH Pharma is a leading provider of revolutionary ocular implants for macular disorders. Its disruptive lens technology, which is unique, proven and patented, is currently marketed internationally for the treatment of stable wet and dry AMD. The Company was formed in 2011 by a group of pioneering surgeons, and is supported by a network of world-leading ophthalmologists and scientists. For more information, please visit LEH Pharma's website at www.lehpharma.com

About EyeMax

EyeMax is a revolutionary breakthrough for AMD sufferers and is the only adequate solution for the treatment of both the stable wet and dry form of the condition. EyeMax can be used in both eyes and can be applied fast and easily. The innovative technology and unique optics of the EyeMax lens diverts images away from the damaged part of the eye and enhances them to the healthy parts. Advantages of the product are safer surgery, ease of implantation and significant improvement of vision for patients(2). Currently, the only other option available for patients results in sub-optimal vision and remaining AMD symptoms. EyeMax is CE-marked in Europe and is exploring FDA approval in the US.

About age related macular degeneration (AMD)

LEH Pharma's EyeMax product is aimed at improving the quality of life of patients with AMD, the western world's biggest cause of blindness and the greatest unmet need in ophthalmology. AMD is a disorder affecting the central part of the retina, causing changes to central vision and making everyday tasks difficult.

EyeMax is aimed at two main patient populations: those who require cataract surgery - for whom there is a 29-55% chance of being suitable for an AMD lens after the age of 70 and the non-cataract population including patients with AMD prior to cataract surgery or sufferers of other macular diseases such as diabetic eye disease.

(2) Published data from several European centres supports the effectiveness of EyeMax and can be found on the website here (www.iolamd.com/clinical-data). Most recently the European Journal of Ophthalmology found EyeMax safe and observed improvements after surgery above those of standard implants.

###

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: LEH PHARMA LTD. via Globenewswire

↧

ONE Pacific Adds FileCloud to its Digitization Offerings

May 2, 2018, 9:00 pm

≫ Next: Holdex Integrates Blockpass KYC App into ICO Checkout Platform

≪ Previous: LEH Pharma announces appointment of Chairman

HONG KONG, May 3, 2018 - (ACN Newswire) - ONE Pacific, a leading provider of cloud-based technologies in Asia, has added FileCloud Enterprise File Sharing and Sync (EFSS) to its offering of advanced digitization solutions. The new offering provides a best-in-class solution for securely storing and transferring files across the organization and business partners, between devices, and around the world -- a pain point for many businesses as they scale and globalize their operations.

FileCloud provides businesses the opportunity to efficiently manage an enterprise-wide file sharing, sync and endpoint backup solution with guaranteed uptime, scalability and redundancy. Offering ONE Pacific clients complete control, total security, flexible branding, data isolation and ownership -- FileCloud is ideal for organizations seeking a cloud-based solution that can be fully tailored to their specific requirements.

ONE Pacific runs FileCloud for clients in any Amazon Web Services Region, resulting in lightning-fast response times. In addition, FileCloud is fully mobile-enabled, supporting both iOS and Android devices, and can be integrated with other solutions, including cloud-based ERP NetSuite, via a robust API. Companies that run ONE Pacific's FileCloud offering will benefit from preferential pricing and unmatched expertise.

"FileCloud is a fantastic offering, one we are proud to offer our clients," says Donald Austin, Executive Director of ONE Pacific. "Clients were looking for a way to share large and sensitive files between customers and employees, and FileCloud lets them do that quickly and easily. This is a product we use ourselves, so we know it will work for our customers."

About ONE Pacific
ONE Pacific, known for its high-quality system integration of NetSuite, includes an experienced team of management, functional, and technical consultants, that can respond to a variety of business requirements. Hong Kong-based ONE Pacific specializes in cloud solutions that supports clients seeking to leverage digital technology to change their business model and drive revenue growth and cost savings. For more information, please visit www.onepac.net.

Please contact:
ONE Pacific
Sara Madera
+852 5808 3936
info@onepac.net

↧

Holdex Integrates Blockpass KYC App into ICO Checkout Platform

May 2, 2018, 10:00 pm

≫ Next: Hong Kong International Medical Devices and Supplies Fair Opens Monday

≪ Previous: ONE Pacific Adds FileCloud to its Digitization Offerings

HONG KONG, May 3, 2018 - (ACN Newswire) - Blockpass and Holdex have announced a partnership to offer streamlined Know Your Customer (KYC) and Anti-Money-Laundering (AML) identity verification solutions to Holdex clients.

Blockpass serves as the much needed identity solution for the blockchain and cryptocurrency ecosystem. The rapidly growing sector has been bolstered by a surge in Initial Coin Offerings (ICOs) and billions of dollars of investment without verifying the identity of investors. Fearing money laundering, terrorist financing and ponzi schemes, governments globally are implementing greater regulation of ICOs and the blockchain sector in general, requiring stricter KYC and AML compliance. Such identity verifications take several days or weeks to complete, slowing down user onboarding and leading to significant costs as high as 20% of operating budgets.

Blockpass is simplifying the way businesses of all sizes perform regular KYC functions by offering a shared regulatory compliance service for humans, companies, objects and devices. Holdex strives to make ICOs easy and affordable by building reliable, flexible and user friendly tools to support crypto crowdfunding campaigns. In doing so, Holdex ensures that campaigns will be the most secure and compliant by providing ICOs with top KYC and AML checks and reports.

"The partnership means that Holdex customers will soon have access to a tool that provides even greater compliance for the ICO and crypto funding process, alleviating what has been an expensive and time consuming process," said Blockpass CMO Hans Lombardo. "This is the next step in bringing ICOs into regulated mainstream industries."

"Traditional fundraising tools are complex and not available for everyone. However, blockchain technology has enabled ICOs as a new way to support ideas and fuel them. Holdex is on a mission to make ICOs easy and affordable for startups. By providing a simple tool to create and manage ICO campaigns, at Holdex we want to make sure bad actors are excluded. This is why integration with Blockpass will provide Holdex an extra layer of KYC/AML compliance," said Holdex co-founder and Director Vadim Zolotokrylin.

About Blockpass IDN
The goal of Blockpass IDN (http://www.blockpass.org/) is global realization of identity for the Internet of Everything. Through the use of blockchain technology and smart contracts, Blockpass is a production ready Regtech platform offering shared regulatory and compliance services for humans, businesses, objects and devices. As this identity system supports verification of humans (KYC), objects (KYO) and connected devices (KYD), it will enable the development of new applications that rely on a trusted connection between human, corporate, and device identities. Registered in Hong Kong, Blockpass IDN is a joint venture of Infinity Blockchain Labs and Chain of Things. Blockpass IDN licenses its technology from the non-profit Blockpass Foundation, registered in the Isle of Man.

About Holdex
The Holdex platform (https://holdex.io) enables ICO campaign setup without you having to code a single line or maintain the infrastructure. Our solution covers and supports the whole process from whitelisting, promo and referral campaign management to issuing and distributing your tokens.

Media contact:
Caitlin Betts
T: +852 9733 4935
E: press@blockpass.org

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Hong Kong International Medical Devices and Supplies Fair Opens Monday

May 2, 2018, 11:00 pm

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Hong Kong Trade Development Council (HKTDC) Assistant Executive Director Sophia Chong (L) and Hong Kong Medical and Healthcare Device Industries Association Chairman Ir Professor Andros Chan (R) introduce highlights of the Medical Fair at today's press conference.

The Belun Ring monitors the user's heart rate, blood oxygen saturation level and body movements to help doctors diagnose obstructive sleep apnoea and gauge treatment performance. (Exhibitor: Belun Technology Company Limited; Booth no.: 3F-H03)

Bike Labyrinth displays scenic routes in front of the home trainer, allowing disabled people to enjoy a bike ride around the world and making exercise a fun experience and it is widely used in rehabilitation and elderly care facilities. (Exhibitor: Janley Ltd; Booth no.: 3F-G03)

Latest Products, Technology and Startup Zone in Spotlight

HONG KONG, May 3, 2018 - (ACN Newswire) - The HKTDC Hong Kong International Medical Devices and Supplies Fair (Medical Fair) will take place at the Hong Kong Convention and Exhibition Centre from 7 to 9 May. Organised by HKTDC and co-organised by the Hong Kong Medical and Healthcare Device Industries Association (HKMHDIA), the three-day fair will showcase the latest medical equipment, technology and related services, providing a one-stop business platform for the medical and healthcare industry.

Speaking at today's press conference, HKTDC Assistant Executive Director Sophia Chong said: "Ageing populations and increased health awareness around the world are creating growth potential for the medical equipment and supplies market, an opportunity that should not be missed." Hong Kong's medical equipment and supplies exports reached HK$3 billion in the first three months of 2018, up 5.2 per cent year on year.

Citing Deloitte's 2018 Global Health Care Outlook report, HKMHDIA Chairman Ir Professor Andros Chan noted that global healthcare spending is expected to increase at an annual rate of 4.1% from 2017 to 2021, indicating good prospects for the market.

Record-breaking fair scale

The Medical Fair attracted more than 10,000 buyers last year. This year, the fair will feature a record of 280 exhibitors from 12 countries and regions. The fair will welcome new group pavilions from Taiwan, Guangdong Association for Medical Devices Industry from the Chinese mainland and SoCalBio from the US, as well as returning enlarged pavilions from the Czech Republic, the Wielkopolska region of Poland and Ningbo Association for Medical Devices Industry from the Chinese mainland. HKMHDIA will once again organise a group pavilion comprising 38 companies.

With the rapid technological development, the medical industry also keeps pace to innovate by leveraging technological advantages. "The HKTDC has been providing support to start-ups. Innovation and technology is also an important driving force for the medical devices and supplies industry. Therefore, the Medical Fair will continue to feature the Startup zone this year, providing an ideal platform for startups to present their creative ideas and meet potential suppliers, buyers and investors," said Ms Chong.

Participating startups will bring a range of innovative products and services, such as artificial intelligence robots and medical service platforms, automatic shower devices and anti-snoring sleeping masks. Another highlight zone, Tech Exchange, will feature a number of higher education institutions to present the latest technology or prototypes.

Specialised zones for easy sourcing

A total of 18 thematic zones will be set up to facilitate sourcing at the fair. The World of Health & Wellness will return to present healthcare products and services including fitness products, functional food and beverages, and health supplements. The Rehabilitation and Elderly Care zone will showcase products and services for elderly care and rehabilitation, such as wheelchairs, crutches, orthopaedic instruments and health monitoring equipment.

The Hospital Equipment zone will showcase specialist technology including ultrasound and other imaging equipment, as well as a range of surgical instruments. The Building Technology and Hospital Furniture zone will focus on hospital construction and design, as well as security systems and medical beddings.

Exploring medical industry trends

A series of seminars will be held during the fair to examine a range of industry topics, including trends in medtech and smart healthcare, as well as updates on procurement guidelines and medical device regulations. Experts from the Czech Republic pavilion will present their latest innovations in medical equipment and services. The Hong Kong Health Care Federation and Hong Kong Doctors Union will conduct workshops to discuss the interpretation of medical device Marketing Authorization Holder (MAH) system and management of acute coronary syndrome.

The Hospital Authority Convention 2018 (7-8 May), another influential event for medical professionals in the Asia Pacific region, will be held on the first two days of the Medical Fair at the HKCEC, creating strong synergy with the fair. Over 5,000 attendees are expected to join the event, while some 90 distinguished overseas and local speakers will share their professional insights.

Highlighted Products: https://goo.gl/QiV77s
Fair website: www.hktdc.com/hkmedicalfair/
Photo Download: https://bit.ly/2HKkKdT

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 more than 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 business insights and information via trade publications, research reports and digital channels including the media room. For more information, please visit: www.hktdc.com/aboutus. Follow us on Google+, Twitter @hktdc, LinkedIn.
- Google+: https://plus.google.com/+hktdc
- Twitter: http://www.twitter.com/hktdc
- LinkedIn: http://www.linkedin.com/company/hong-kong-trade-development-council

Contact:
Selina Fan, Tel: +852 2584 4898, Email: selina.mi.fan@hktdc.org

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Ingredion Incorporated Reports First Quarter 2018 Results

May 2, 2018, 11:30 pm

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First quarter 2018 reported and adjusted EPS* were $1.90 and $1.94, up from first quarter 2017 reported and adjusted EPS of $1.68 and $1.88, respectively
2018 adjusted EPS now expected to be in the range of $7.90-$8.20

WESTCHESTER, Ill., May 3, 2018 - (ACN Newswire) - Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to diversified industries, today reported results for the first quarter 2018. The results reported in accordance with U.S. generally accepted accounting principles ("GAAP") for 2018 and 2017 include items which are excluded from the non-GAAP financial measures which we present.

"While we're pleased with how we grew specialties and EPS, North America performance was negatively impacted by a sharp increase in freight costs and fell short of our expectations," said Ingredion's president and chief executive officer, Jim Zallie. "As expected, EMEA and South America posted strong operating income growth while Asia-Pacific operating income was lower year-over-year due to extraordinary tapioca cost increases. We have begun mitigating inflationary pressures through pricing actions, customer contract management and accelerating our network optimization and cost reduction initiatives."

"We expect continued growth in our specialty portfolio aligned with consumer trends and we are making capital investments to support margin expansion. Additionally, we continue to explore potential M&A opportunities to drive specialty growth. We remain committed to our long-term earnings growth algorithm to create additional shareholder value," added Zallie.

Full press release can be viewed at www.ingredionincorporated.com/investors/investornews/financialreleases.html

Conference Call and Webcast

Ingredion will conduct a conference call today at 9:00 a.m. Eastern Time (8:00 a.m. Central Time) to be hosted by Jim Zallie, president and chief executive officer, and James Gray, executive vice president and chief financial officer. The call will be webcast in real time, and will include a visual presentation accessible through the Ingredion website at www.ingredion.com. The presentation will be available to download a few hours prior to the start of the call. A replay of the webcast will be available for a limited time thereafter at www.ingredion.com.

ABOUT THE COMPANY

Ingredion Incorporated (NYSE: INGR), headquartered in the suburbs of Chicago, is a leading global ingredient solutions provider serving customers in more than 120 countries. With annual net sales of nearly $6 billion, the company turns grains, fruits, vegetables and other plant materials into value-added ingredients and biomaterial solutions for the food, beverage, paper and corrugating, brewing and other industries. With 27 Ingredion Idea Labs(R) innovation centers around the world and more than 11,000 employees, the Company develops ingredient solutions to meet consumers' evolving needs by making crackers crunchy, yogurt creamy, candy sweet, paper stronger, and adding fiber to nutrition bars. For more information, visit ingredion.com.

CONTACT:
Investors: Heather Kos, 708-551-2592
Media: Becca Hary, 708-551-2602

1Q18 PR Tables: http://hugin.info/147221/R/2189902/847374.pdf

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ingredion Incorporated via Globenewswire

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