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ACN Newswire press release news - Recent Press Releases

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    Ms. Wendy Kok, Founder and CEO of J.A.D.E. kicks off the Inaugural J.A.D.E. Start-Up Conference with an opening speech.
    Dr. Hobert Wai, Honorary Committee Board for Biotechnology, J.A.D.E.
    Mr. Sammy Hsieh, Honorary Committee for Technology, J.A.D.E.
    Entrepreneurs, Incubators and Venture Capitalists from Around the World Share Insights and Connect

    HONG KONG, May 15, 2018 - (ACN Newswire) - The Inaugural J.A.D.E. Start-Up Conference - "Building Resilient Entrepreneurship", co-organised by the Joint Association to Develop Entrepreneurship (J.A.D.E.) and Hong Kong Science & Technology Parks Corporation, concluded today and was a tremendous success. Designed to encourage deep dive interaction and exchange, J.A.D.E. limited the number of attendees to the conference at 120 entrepreneurs, mentors, incubators and venture capitalists and presented them with an intimate setting, allowing them to make personal connection. J.A.D.E. Conference 2018 made a unique occasion in Hong Kong and even Asia.

    The aim of the one-day event was to foster growth of local start-ups beyond incubation and seed-stage into scalable businesses. J.A.D.E. serves as a platform for entrepreneurs and investors to interact and share their insights but with a specific focus on crucial methods for start-ups to scale, including product-market fit, lean start-up methodology, artificial intelligence (AI) and deep learning, as well as to expand globally.

    Ms. Wendy Kok, Founder and CEO of J.A.D.E. kicked off the conference with an opening speech, followed by a keynote speech made by Mr. Albert Wong, CEO of the Hong Kong Science & Technology Parks Corporation. Among the many luminaries and distinguished industry veterans present included Mr. Hendrick Sin, CEO and Chairman of CMGE Group; Mr. Stephen S.Y. Wong, CEO of Asia Miles; Dr. Hobert Wai, Partner of Black Tiger Capital; Mr. Lap Man, Co-Founder and CEO of DYXnet Group and Managing Partner of Beyond Ventures; Mr. Sammy Hsieh, Co-Founder and CEO of iClick Interactive (NASDAQ: ICLK); Dr. Marietta Wu, Managing Director of Quan Venture Fund and Co-Founder of Zai Lab (NASDAQ: ZLAB); as well as Dr. Sridhar Iyengar, Co-Founder of Elemental Machines and Co-Founder of Misfit Wearables.

    Ms. Wendy Kok, Founder and CEO of J.A.D.E., said, "We strongly believe in resources sharing and collaboration among all in the start-up eco-system. Hong Kong is well positioned as an enabler of start-ups in this era of innovation and, following the success of J.A.D.E. Conference 2018, we are ready to kick start a series of programmes to foster development of the entrepreneurship eco-system of the city. It is J.A.D.E.'s vision to reach out to more enterprising minds and help build resilient entrepreneurship."

    About Joint Association to Develop Entrepreneurship (J.A.D.E.)
    J.A.D.E. is a platform to facilitate experience, knowledge, networking, and technology exchange for the perpetual growth of the entrepreneur ecosystem. The association aims to build up the Hong Kong start-up ecosystem by elevating innovators and investors through cross-pollination with Silicon Valley practical experience and networking to re-ignite Hong Kong innovators' entrepreneurial spirit to bridge the unmet local and global innovation gaps. For details, please visit: https://the-jade.org.

    Media Enquiries:
    Strategic Financial Relations Limited
    Cindy Lung / Janet Fong / Beverly Chiu
    Tel: +852 2864 4867 / 2864 4817 / 2114 4329
    Email: cindy.lung@sprg.com.hk / janet.fong@sprg.com.hk / beverly.chiu@sprg.com.hk


     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    LONDON, May 15, 2018 - (ACN Newswire) - Further to its press releases of 14 November 2016, 17 March, 15 May and 14 November 2017, Sequa Petroleum N.V. (the "Company") notes that a further potential default has occurred under the Company's USD 300,000,000 5.00 per cent Convertible Bonds due 2020 of which USD 204,400,000 in principal amount remain outstanding (ISIN: XS1220076779, SEQ01 PRO EC) issued by the Company in April 2015 (the "Bonds"). The potential default is failure to pay $5.11M interest under article 10 (a) of the Terms and Conditions of the Bonds in respect of the interest period to 30 April 2018 and the failure to remedy this potential default within 14 calendar days from that date.

    It is noted that the anticipated Bond restructuring will address the defaults as well as the overdue coupons. The Company's current cash balances, together with restructuring of its Bonds and possibly new equity and/or debt funds will enable the Company to progress high quality acquisition targets of production and development assets that are expected to be value-accretive to its Bondholders and shareholders.

    Cautionary notice

    This press release contains information that qualifies as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

    This communication includes forward-looking statements. All statements other than statements of historical facts may be forward-looking statements. Words such as possibly, expected and value accretive or other similar words or expressions are typically used to identify forward-looking statements. Forward-looking statements are subject to risks, uncertainties and other factors that are difficult to predict and that may cause actual results of the Company to differ materially from future results expressed or implied by such forward-looking statements. Such factors include, but are not limited to, risks relating to the Company's ability to acquire new opportunities; generate positive cash flows; general economic conditions; turbulences in the global credit markets and the economy; geopolitical events; the possibility to restructure the Bonds and other factors discussed in the Company's public filings and other disclosures. Forward-looking statements reflect the current views of the Company's management and assumptions based on information currently available to the Company's management. Forward-looking statements speak only as of the date they are made, and the Company does not assume any obligation to update such statements, except as required by law.

    Contacts:
    Jacob Broekhuijsen, Chief Executive Officer
    +44(0)203-728-4450 or info@sequa-petroleum.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: Sequa Petroleum NV via Globenewswire

     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Photo 1:Dr Lui Che-woo, Chairman of K. Wah Group, the Principal Lifelong Honorary President of Wuyi University Board and Chairman of the former Wuyi University Education Foundation (Hong Kong) Limited, delivers a speech at the ribbon-cutting ceremony of Wuyi University Student Integrated Service Centre
    Photo 2 & 3: Mr Zhang Kun, Party Committee Secretary of Wuyi University; Mr Li Ziliu, former Mayor of Guangzhou and Dr Lui, officiate at the ribbon-cutting ceremony of the Wuyi University Student Integrated Service Centre
    Photo 4, 5 & 6: Dr Lui Che-woo, Chairman of K. Wah Group, together with the honourable guests visit the three-storey Wuyi University Student Integrated Service Centre
    Photo 7: Dr Lui has a causal sharing with student reporters during his visit at the newly opened centre.
    Photo 8: Dr Lui Che-woo, Chairman of K. Wah Group, attended the Board Meeting with the Board members
    Committed to Promoting the Tertiary Education Development in China

    HONG KONG, May 15, 2018 - (ACN Newswire) - Dr Lui Che-woo, Chairman of K. Wah Group (the "Group") is constantly committed to supporting education development in Mainland China, Hong Kong and overseas and is particularly concerned about the development of tertiary education in his hometown - Jiangmen City, Guangdong Province. As Principal Lifelong Honorary President of Wuyi University Board and Chairman of the former Wuyi University Education Foundation (Hong Kong) Limited, Dr Lui, has today officiated at the ribbon-cutting ceremony of the Wuyi University Student Integrated Service Centre, marking the official opening of the Building.

    Mr Zhang Kun, Secretary of Wuyi University CPC Committee; Mr Li Ziliu, former Mayor of Guangzhou, along with Dr Lui, have officiated at the ceremony in attendance of more than 1,000 teachers and students from Wuyi University.

    Dr Lui Che-woo, in his speech at the ceremony said, "I was invited to be the Chairman of the Board of Wuyi University to promote the development of the University when it was first established in 2008. Since its inception, our overseas Wuyi fellow natives and members of the Board have offered support to the construction and development of the University while making donations to a number of projects, such as academic building, administrative building, auditorium, library, student dormitory, athletic field, technology building, Shiyou Building, tennis court etc. Meanwhile, I hope to do my best to facilitate the school development by setting up scholarship. Taking the chance, I would like to express my sincere appreciation to Mr Ye Jiakang, founding President of Wuyi University, who has laid a solid foundation for the school development. Special thanks also go to the former and present leaders especially secretaries, presidents and teachers, who have contributed their untiring efforts to achieve new milestones for Wuyi University."

    Mr Zheng Kun, Secretary of Wuyi University CPC Committee, said, "Dr Lui Che-woo, as the first Chairman of the Board of Wuyi University, has always cared for and supported the development of Wuyi University. In 2009, the first board proposed and donated this Student Integrated Service Centre. Today, the building is completed successfully, providing students with a good place for learning and communications. Upholding the belief of "Rooted in Jiangmen, serve the community, join hands with stakeholders and develop our own characteristics", we will make every effort to promote the construction of "Guangdong Province's distinctive and high standard university of science and technology", and express our gratitude to the local and overseas fellows, government and leaders with excellent school results.

    Believing that "education engenders a strong country", Dr Lui Che-woo strives to support the development of tertiary education with a view to bringing sustainable development for our community. Since the establishment of the Wuyi University, Dr Lui has rendered full support to the construction of the University. After Dr Lui's appointment as the first Chairman of the Board of Wuyi University in 2008, he has steadfastly led the collaboration of local and overseas Wuyi fellow natives to promote the building and development of the University. Dr Lui has taken the initiative to make a donation to Wuyi University for the construction of academic buildings such as the Lui Che-woo Hall and Lui Che-woo Technology Building. In recent years, under Dr Lui's leadership, the Wuyi University Education Foundation (Hong Kong) Limited has donated the accumulated assets that the Foundation amassed over the years to the University for the construction of student dormitory buildings under permanent ownership of the Foundation. All net proceeds generated from the dormitory will continue to support Wuyi University through financial assistance, scholarship endowments and in other matters related to its development.

    The groundbreaking ceremony of Wuyi University Student Integrated Service Centre was held on 18 October 2015 - and construction was completed in the winter of 2017. Occupying a gross floor area of approximately 3,500 square meters, the three-storey building's design was led by the famous architectural designer Professor He Jingtang and completed under the guidance of Wu Rongzhi, Chairman of the Third Wuyi University Board. The building offers a one-stop integrated service hall, consisting of the Student Academic Guidance and Service Centre, Psychological Service Centre, Employment Guidance and Service Centre, Admission Service Centre and Alumni Service Centre, etc., fully embodying the talent cultivation and service concept of "everything for the students", sincerely embraced by the founders, including Dr Lui.

    Development of Wuyi University:

    In early 1984, Mr Li Ziliu was in Hong Kong to rally support of fellow Wuyi natives residing overseas to build a new university in their hometown. The "Committee of Overseas Chinese and Hong Kong Compatriots for the Construction of the Wuyi University" with donations from Dr Lui Che-woo and his fellowmen from Wuyi in Hong Kong was established. In 1992, Dr Lui Che-woo, together with other Wuyi natives in the city including Sir Lee Quo-wei; Mrs Esther Yewpick Lee; Mr Szeto Fai and Mr Wong Kau, set up the "Wuyi University Education Fund Foundation (Hong Kong) Limited" and raised donations of around HK$70 million. The annual earnings derived from the fund has been used to purchase teaching facilities, in particular those not budgeted for, to support the long-term development of the University.

    Dr Lui Che-woo was the Chairman of the Board of Wuyi University when it was first established in 2008, dedicated to promoting development of the University. In early 2014, "Wuyi University Education Fund Foundation (Hong Kong) Limited" decided that, after funding construction of the University, the remaining accumulated HK$50 million would be donated to the University for building a permanent student dormitory tower to meet the rising demand of students for on-campus accommodation.

    After deduction of operating expenses, the annual income from leasing the student dormitories will be used to offer scholarships or grants to students. According to the University's estimate, a surplus of up to RMB10 million has been accumulated in the four years after the dormitory tower which construction was funded by the "Wuyi University Education Fund Foundation (Hong Kong) Limited" (Education Foundation) began operation.

    Dr Lui Chi-woo also suggested the School Affairs Office devising a long-term plan for such recurring income and setting up a special development fund to decide how to best apply the resources to enhance operations of the University. He also advised that all members and representatives of the "Wuyi University Education Fund Foundation (Hong Kong) Limited" maintain close communication and transparency with quarterly report of income and expenses of the development fund, as well as to acknowledge and pay respect to kind donors to the Foundation Fund.

    Over the past 30 years, Wuyi University has developed from a bare farmland into a modern university campus. In recent years, the University is dedicated to transforming itself into a high-standard university focusing on engineering disciplines in Guangdong Province, thus it has been pursuing in-depth teaching reforms and has seen its education quality improving steadily. It has nurtured batches after batches of talent for Wuyi, Jiangmen. Currently, there are 19,000 full-time undergraduates and more than 400 post-graduates studying at Wuyi University, which is gaining fame.

    Wuyi University is deeply cared by the local and overseas Wuyi fellow natives. Dr Lui Che-woo recommends the University to invite well-known scholars from all around the world to give speeches, share experience and exchange ideas with students so as to broaden their horizons and inspire multi-dimensional thinking, thereby equip them for embracing the development of the country as well as the Big Bay Area.

    About K. Wah Group
    K. Wah Group was founded in 1955 by Dr Lui Che-woo, who transformed the company into a multinational corporation. Core businesses include property development and investment, entertainment and leisure resorts, hospitality and construction materials. The Group has a business presence in Mainland China, Hong Kong, Macau, Southeast Asia and major cities in the US. The Group includes two Hong Kong-listed flagships: K. Wah International Holdings Limited ("KWIH"; HK stock code: 0173) and Galaxy Entertainment Group Limited ("GEG"; HK stock code: 0027 and a member of the Hang Seng Index). Other major subsidiaries include Stanford Hotels International and K. Wah Construction Materials Limited and, in the US, Stanford Hotels Corporation and Cresleigh Homes. To date, the Group has over 200 subsidiaries and close to 30,000 staff worldwide.

    Website: http://www.kwah.com/.

    Media Enquiries:
    K. Wah International Holdings Limited
    Shelly Cheng Tel: (852) 2880 1853 Email: shellycheng@kwah.com
    Sammi Siu Tel: (852) 2960 3364 Email: sammisiu@kwah.com
    David Tam Tel: (852) 2880 8169 Email: davidtam@kwah.com
    Fax: (852) 2811 9710

    Strategic Financial Relations Limited
    Iris Lee Tel: (852) 2864 4829 Email: iris.lee@sprg.com.hk
    Maggie Au Tel: (852) 2864 4815 Email: maggie.au@sprg.com.hk
    Kylie Chan Tel: (852) 2114 4990 Email: kylie.chan@sprg.com.hk
    Fax: (852) 2527 1196


     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    jury chair Shekar Khosla, Kellogg's
    LONDON, May 16, 2018 - (ACN Newswire) - The final judges for the WARC Prize for Asian Strategy, a search for the best strategic ideas from Asia's marketing industry, are named with senior figures from BBDO, Dentsu, Geometry Global, Google and Maybank included in the line-up.

    Chaired by Shekar Khosla, Chief Commercial Officer of Kellogg's Asia Pacific and Africa, the additional nine judges bringing the panel to 21 members are:

    - Priya Barve - Head of BrandLab APAC, Google
    - Michael Chadwick - Chief Strategy Officer, Dentsu Asia Pacific
    - Chalinee Hirano - Executive Strategic Planning Director, Far East Fame Line DDB
    - Shailesh Iyer - Chief Strategy Officer, Publics One Indonesia
    - Dave McCaughan - Storyteller @Bibliosexual, Chief Strategy Officer, ai.agency
    - Andreas Moellmann - Chief Strategy Officer/Head of Digital, Geometry Global Japan
    - Shazlina Mohd Suffian, Executive Vice President Head, Corporate Marketing, Group Brand and Sponsorship Management, Maybank
    - Thomas Wagner - Planning Director, BBH Singapore
    - Andy Wilson - Head of Strategy, BBDO Asia

    Lucy Aitken, WARC's Case Study Editor, says: "A successful campaign strategy leads to business growth. This top jury of industry experts will search for the smartest marketing thinking in Asia to bring insights and learnings for future advertising success stories in the region."

    Now in its eighth year, this case study competition is free to enter and is open to clients and agencies in any marketing discipline. There is a $10,000 Prize fund for the top winning papers that best showcase Asia's smartest marketing campaigns.

    In addition to the Grand Prix, Gold, Silver and Bronze accolades, five additional Special Awards will be presented at the judges' discretion: The Category Disrupter Award, The Early Adopter Award, The Local Hero Award, The Customer Journey Award, and The Research Excellence Award.

    The full jury line-up and their short biographies as well as more information on the WARC Prize for Asian Strategy can be found on www.warc.com/asiaprize.prize.

    The deadline for entries is 10 July 2018.


    About jury chair: Shekar Khosla, Chief Commercial Officer, Kellogg's

    Shekar joined Kellogg's in 2015 as Chief Marketing Officer, Asia Pacific & Africa before assuming his current role in 2016. Prior to Kellogg's, he had an 18-year stint at Unilever, starting out in sales and then becoming a Senior Brand Manager. He became Regional Sales & Marketing Manager in 2004 before being named Global Brand & South Asia Director for Skin Care in 2006. He then moved to Singapore and became VP Skin (South East Asia & Australasia) and then spent three years between 2012 and 2015 in a similar role, but also looking after North Asia and as Global VP, Ponds.

    He has a proven track record of building high-performance teams, with an empowering leadership style that fosters entrepreneurial drive, breakthrough thinking and disciplined execution to deliver shareholder value, positive social impact and employee engagement.

    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

    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    TOKYO, May 16, 2018 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce its agreement with Century Properties Group, Inc. (Century), a prominent real estate enterprise in the Philippines, to establish a new joint venture, PHirst Park Homes (New Company). The New Company will develop affordable housing communities in the Philippines at suburban locations with convenient access to existing employment hubs.

    The New Company will be formed following the success of an initial joint project, through which MC and Century were able to find synergies for leveraging their respective strengths in real estate development. Through its 40% ownership, MC will contribute management and project development expertise as well as introduce Japanese materials and technology to the project while Century, with 60% ownership, will bring to the partnership its vast experience and successful marketing strategies in the Philippine real estate industry.

    With a target to supply 10 thousand units annually by launching 3 to 5 projects every year at key locations in the Philippines, The New Company aims to satisfy the growing needs of predominantly first-time homeowners for affordable housing by supplying high-quality but reasonably priced homes mainly ranging from 3 to 5 million yen.

    The high economic growth rate of the country these past years has led to a rapid increase in the flow of population into urban areas. This led to housing shortages accompanied by a steep rise in prices and so, providing housing solutions became a major priority for the Philippine government.

    MC has previously participated in some nine projects across ASEAN and supplies approximately 15,000 housing units in the region. Through such real estate and urban development initiatives, MC consistently fulfills its goal to simultaneously generate economic, environmental and societal values.

    About Mitsubishi Corporation

    Mitsubishi Corporation (MC; TSE: 8058) is a global integrated business enterprise that develops and operates businesses across virtually every industry, including industrial finance, energy, metals, machinery, chemicals, and daily living essentials. MC's current activities have expanded far beyond its traditional trading operations to include investments and business management in diverse fields including natural resources development, manufacturing of industrial goods, retail, new energy, infrastructure, finance and new technology-related businesses.

    With over 200 offices and subsidiaries in 90 countries and regions worldwide and a network of approximately 1,300 group companies, MC employs a multinational workforce of over 70,000 people.

    For more information, visit https://www.mitsubishicorp.com/jp/en/

    Contact:
    Mitsubishi Corporation Telephone:+81-3-3210-2171 Facsimile:+81-3-5252-7705

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Dr Edmond Ma Dik-lung has developed the world's first metal-based probes for imaging dopamine receptor in living cells.
    Discovery can be potentially developed as a novel early cancer detection technology.

    HONG KONG, May 16, 2018 - (ACN Newswire) - A team led by Dr Edmond Ma Dik-lung, Associate Professor of the Department of Chemistry of Hong Kong Baptist University (HKBU) has developed the world's first iridium(III)-based probes for imaging dopamine receptors in living cells. The discovery has enhanced the understanding of dopamine receptors in carcinogenesis, and the findings can be potentially developed as a novel early cancer detection technology. The study was published in the inside front cover of Chemical Science, the flagship journal of the Royal Society of Chemistry.

    Dopamine is an important neurotransmitter in the central nervous system of the human body and plays important roles in motivation, cognition and motor control. While dopamine receptors have long been implicated in neurodegenerative diseases, such as Parkinson's disease, recent evidence has linked dopamine receptors also with various cancers, including lung, breast and colon cancers. Traditional detection methods for dopamine receptors include the enzyme-linked immunosorbent assay (ELISA). However, such methods suffer from high cost, incompatibility with living systems, and are not suitable for the real-time study of the biological role of dopamine receptors.

    The metal-based probes developed by the team are able to selectively bind to dopamine receptors on lung cancer cells, "lighting up" the cells and making them visible to the naked eye. The probes enable the monitoring and tracking of dopamine receptors in living cells in a real-time and in a non-invasive fashion. Moreover, the experiment results demonstrated that the imaging colour intensity was correlates with the expression levels of dopamine receptors on cancer cells. These probes could therefore both help to elucidate the role of dopamine receptors in the pathogenesis of cancers and offer a potential diagnostic tool for the early screening of cancers. Importantly, the metal-based probes avoid the problems of poor photostability and photobleaching that limit conventional fluorescent imaging dyes.

    The research project entitled "Cell imaging of dopamine receptor using agonist labeling iridium(III) complex" was led by Dr Edmond Ma of HKBU together with Professor Leung Chung-hang of the Institute of Chinese Medical Sciences, University of Macau. Other collaborators of the project included researchers from the School of Chinese Medicine of HKBU, the City University of Hong Kong, University of Florida, USA, and Hunan University, China.

    Dr Ma said, "Early detection is crucial for improving the survival rate of hard-to-treat cancers such as lung cancer, which is associated with dopamine receptor expression. For instance, data from the American Cancer Society shows that patients with early stage non-small cell lung cancer (NSCLC) have a five-year survival rate of about 92%, but this drops to only about 36% when the cancer has progressed to an advanced stage. We therefore believe that these dopamine receptor probes show great promise for the development of molecular diagnostic tools for the early detection of cancer."

    Dr Ma added that because the probes could successfully track the internalisation process of dopamine receptors in cells, they also represent powerful tools for studying the role of dopamine receptors in the pathogenesis of cancer.

    Media enquiries:
    Tina Ng of the Communication and Public Relations Office (+852 3411 5262) or Dr Edmond Ma of the Department of Chemistry (+852 3411 7075)

     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    HONG KONG, May 16, 2018 - (ACN Newswire) - Signify (Euronext: LIGHT), the world leader in lighting, has today launched its new company name, following the amendment of the company's articles of association changing its name from Philips Lighting N.V. to Signify N.V.

    "The choice of our new company name originates from the way light has become an intelligent language, which connects and conveys meaning," said Eric Rondolat, CEO of Signify. "It is a clear expression of our strategic vision and purpose to unlock the extraordinary potential of light for brighter lives and a better world."

    Signify will continue to use the Philips brand for its products under the existing licensing agreement with Royal Philips. The company expects the name change to be implemented in all the countries where it is active by the beginning of 2019.

    Founded as Philips in Eindhoven, the Netherlands, we've led the lighting industry with innovations that serve professional and consumer markets for more than 127 years. In 2016, we spun off from Philips, becoming a separate company, listed on Amsterdam's Euronext Stock Exchange. We were included in the benchmark AEX index in March 2018.

    With operations in more than 70 countries and 32,000 people worldwide, Signify generated sales of EUR 7 billion and invested EUR 354 million in Research and Development in 2017.

    "We are driven by the principle that light is essential," Eric Rondolat added. "And by connecting it to networks, software and cloud computing, we open the door to a smarter world where light delivers value beyond illumination."

    About Signify
    Signify (Euronext: LIGHT) is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Our Philips products, Interact connected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings and urban spaces. With 2017 sales of EUR 7.0 billion, approximately 32,000 employees and a presence in over 70 countries, we unlock the extraordinary potential of light for brighter lives and a better world.

    For further information, please contact:

    Signify
    Vincent Chow
    Tel: 2596 2617
    E-mail: Vincent.chow@lighting.com

    Dynamic PR
    Fiona Wong
    Tel: 3973 6423 / 9313 2225
    E-mail: fwong@dynhk.com


     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Toyota City, Japan, May 16, 2018 - (JCN Newswire) - Akio Toyoda, the President of Toyota Motor Corporation, has been presented with the Issigonis Trophy, the highest personal honour awarded by Autocar, the world's oldest automotive magazine.

    The award, named after the internationally celebrated car designer Sir Alec Issigonis, creator of the Mini, was announced at the annual Autocar Awards, hosted at the Silverstone race circuit in the UK on Tuesday (15 May).

    Mark Tisshaw, Autocar Editor said: "This is our highest accolade and our most prestigious and most personal award. It goes to Mr Toyoda in recognition of the quite incredible job he has done at the helm of Toyota and Lexus. He has been proved right on so many issues and it is inspiring to see him do such diverse things as lead the agenda on future powertrain technologies and bring back cars that appeal to the enthusiast, all while selling a vast amount of ever-more desirable cars."

    Mr Toyoda was unable to attend the presentation, but expressed his gratitude in a video message. Celebrating the inspirational work of Issigonis, he was filmed arriving in Toyota City at the wheel of a classic Mini.

    He said: "I am very honoured to receive the Issigonis Trophy because I feel it represents a link between our industry's great past and its future."

    He paid tribute to his grandfather, Kiichiro Toyoda, the founder of Toyota, and said he was in fact accepting the award on his behalf, rather than for himself.

    He continued: "Today, in the midst of the greatest transformation the auto industry has experienced in the past hundred years, I feel that Kiichiro is behind me, saying 'you should face it with challenging spirits'. In this greatest transformation, what we do not forget is that our core business, cars, are much more than pieces of metal. They represent the freedom to move. And when you are free to move, anything is possible."

    In conclusion, he paid a personal tribute to the Mini, a car he drove himself during his time living and workuing in London in the 1980s, acknowledging how it remains an inspiration to him. He said: "For me it is the kind of car we should all dream of making. Affordable, simple and as fun to drive as a go-cart. Even if the future people will go to work in autonomous pods, as industry leaders it is also our job to keep making cars like this."

    Mr. Toyoda received his trophy in Toyota City from Steve Cropley, Autocar Editor-in-Chief.

    Mr Toyoda took up the position of Toyota President in 2009 and has led the company in a programme of innovation and development that looks beyond vehicle manufacturing to find ways of providing everyone in society with the freedom of mobility. Under his leadership, the company pursues a mission of making ever-better cars, recognising the importance of the pure enjoyment of driving and drawing inspiration and excitement from involvement in international motorsport.

    At the same time, Toyota's Environmental Challenge 2050 has set high targets for significant reductions in the environmental impact of every aspect of the company's global operations and its products. Toyota seeks both to protect and enhance the environment and is a world leader in the development of electrified powertrains. It has continuously evolved its hybrid technology from the launch of the original Prius in 1997 to the delivery of Mirai, the world's first hydrogen fuel cell electric saloon, a car that signals the potential great environmental benefits of a future hydrogen society.

    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

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Brand Value reached RMB 880 million

    HONG KONG, May 16, 2018 - (ACN Newswire) - Tianyun International Holdings Limited ("Tianyun International", together with its subsidiaries, the "Group") (Stock code: 6836.HK), a leading seller and manufacturer of processed fruits products in China, is pleased to announce that the Group's subsidiary Shandong Tiantong Food Co.,Ltd. (the "Tiantong Food") was being topped "2018 Most Valuable Chinese Brands List "and "Top 100 China Brand Value Evaluation List" for its comprehensive upgraded brand strategy management and outstanding brand value influence. The brand value of RMB 880 million has once again proved the market's high recognition and affirmation of the Group's brands, but also reflects the steady increase in the market share and consumer perception of the Group's products.

    "2018 China Brand Evaluation Press Conference and the 2nd China Brand Development Forum" was held in Shanghai on May 9, under the guidance of the the State Administration of Market Supervision and Management, which was also jointly organized by The Economic Daily Press, China International Trade Council, China Brand Construction Promotion Association, "the Chinese Brand" Magazine and ce.cn, the Forum covered 1,346 enterprises and 718 brands.

    2018 Most Valuable Chinese Brands List was evaluated by the China Brand Construction Promotion Association together with the provincial quality and technical supervision departments and industry associations. Brand values were evaluated based on both international standards and national standards, and focus on corporate brand development, financial indicators and comprehensive indicators. Brand strength coefficient and brand value are obtained after the calculations. It is the most authoritative brand value evaluation activity in China with the aim to identify brands with the most market influence and growth potential. As one of the leading enterprises in domestic fruit processing industry, Tianyun International has emphasized on product quality and brand reputation, and is committed to providing safe, healthy and high-quality food. It is the first fruit processor in the domestic fruit processing industry to be authorized to put "zero-add preservative" label on its products sold in China and is widely recognized by the market.

    Mr. Yang Ziyuan, Chairman and CEO of the Group, said, "We are honored to be topped once again in the 2018 Most Valuable Chinese Brands List and to receive the recognition together with a number of well-known domestic brands. It is a high affirmation of the Group's brand value and product quality. In the consumption upgrade era, we firmly believe that product quality is the only way to win the market, and to make the brand more competitive. In the face of new market opportunities, the Group will leverage on our upgraded brand strategy to enrich our product offerings for meeting with everchanging consumers' needs. The Group will also put effort in product positioning, brand promotion, process development, marketing channels, food safety, and brand building for staying competitive within the market in terms of innovation and product quality. We will continue to uphold our belief in natural, healthy, nutritious and safe food products to reward the market."

    About Tianyun International Holding Limited (Stock Code: 6863.HK)
    Tianyun International Holdings Limited (the "Company") and its subsidiaries (collectively referred to as the "Group") are principally engaged in (i) the production and sales of processed fruit packaged in metal containers, plastic cups and glass containers and ii) trading of fresh fruit. Processed fruit products are sold both on an OEM basis and under our own brands. On 7 July 2015, the Group was successfully listed on the Main Board of The Stock Exchange of Hong Kong Limited which had further consolidated our leading position in China's processed fruit product industry.

    The Group has been consistently committed to provide healthy and safe products to its customers. As one of the food enterprises with the most comprehensive list of overseas and local quality certifications, we have always been dedicated to following stringent international production standards and are accredited with BRC (A+), IFS Food (High), FDA, HALAL, SC, KOSHER, BSCI and ISO22000 etc in respect of our production facilities, quality control and management. The Group has also passed the internal food production standard reviews and audits from some of the UK and US supermarket chains. At the same time, within China, as a "Equal production line; Equal standard; Equal quality" food production and export enterprise, the Group has been supplying products of equivalent quality to domestic and international markets. Since 2016, the Group's own brand processed fruit products have continued to obtain a high degree of market recognition, and have been awarded by a national institution the honour and qualification of "China Canned Product Quality Certification Label", become the first fruit processor in China's fruit processing industry to put the authorized "Zero Added Preservative Canned Products" label for its products sold in China.

    For more information, please visit www.tianyuninternational.com


     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    TOKYO, May 16, 2018 - (JCN Newswire) - Solomon Power and Hitachi, Ltd. (TSE: 6501) announced that they have concluded a memorandum of understanding (MoU) aimed at resolving energy issues leveraging the Internet of Things (IoT). The ultimate goals are to lower energy costs and to improve energy security for the Solomon Islands.

    The Solomon Islands is a country composed of about 1,000 large and small islands. The majority of its approximately 600,000 residents rely on diesel power generation and the country imports all the fossil fuel used to generate this power. Solomon Power is actively moving forward to reduce energy costs and improve energy security by providing power to more of the region's residents via renewable energy sources and by reducing fuel consumption.

    Hitachi is expanding its social innovation business in collaboration with customers to resolve societal challenges, leveraging its social infrastructure expertise cultivated over many years, and the latest digital technologies. To advance the use of renewable energy, Hitachi draws upon its experience in the construction of high-efficiency solar and wind power stations and its expertise in applying IoT technology to ensure power-generation stability.

    Under this MoU, Hitachi will begin the collaborative creation with Solomon Power to design a solar power plant and structure the business, involving the stakeholders related to the construction and operation of the solar plant.

    Going forward, Solomon Power and Hitachi will work together toward the shared vision of an IoT-enhanced solar power station for the Solomon Islands.

    About Solomon Power

    Solomon Islands Electricity Authority trading as Solomon Power is a state owned enterprise with its head office located in Honiara, the capital city of Solomon Islands. Solomon Power is responsible for providing a stable source of electricity to the entire Solomon Islands based on a mixed-energy policy that includes renewable energy.

    About Hitachi, Ltd.

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

    Contact:
    Keiji Kitagawa Strategy and Business Development Department Planning Group, Global Strategy Planning Division, Social Innovation Business Division, Hitachi, Ltd. +81-3-3763-2411

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    WESTCHESTER, Ill., May 17, 2018 - (ACN Newswire) - Today, the Board of Directors of Ingredion Incorporated (NYSE: INGR) declared a quarterly dividend of $0.60 per share on the company's common stock. The dividend is payable on July 25, 2018, to stockholders of record at the close of business on July 2, 2018.

    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

    ###

    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

     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Latest Data on Lenvima (Lenvatinib) / Keytuda (Pembrolizumab) Combination Therapy to be Presented

    TOKYO, May 17, 2018 - (JCN Newswire) - Eisai Co., Ltd. announced today that presentations on a series of abstracts highlighting updates regarding its in-house discovered multiple receptor tyrosine kinase inhibitor lenvatinib mesylate (product name: Lenvima, "lenvatinib") will be presented during the 54th Annual Meeting of the American Society of Clinical Oncology (ASCO), taking place in Chicago, the United States, from June 1 to 5, 2018.

    Major poster presentations at this year's meeting include highlights of the latest data from the renal cell carcinoma, endometrial carcinoma and squamous cell carcinoma of the head and neck cohorts of the Phase Ib/II clinical study (Study 111) of lenvatinib in combination with the Merck & Co., Inc., Kenilworth, N.J., U.S.A. (known as MSD outside the United States and Canada), anti-PD-1 therapy pembrolizumab (product name: KEYTRUDA) in select solid tumors, as well as the latest data from a Phase Ib clinical study (Study 116) of lenvatinib in combination with pembrolizumab in hepatocellular carcinoma.

    In March 2018, Eisai entered into a global strategic oncology collaboration with Merck & Co., Inc., Kenilworth, N.J., U.S.A. to jointly develop and commercialize lenvatinib, as monotherapy and in combination with pembrolizumab.

    Eisai positions oncology as a key therapeutic area, and is aiming to discover revolutionary new medicines with the potential to cure cancer. The company will continue to create innovation in the development of new drugs based on cutting-edge cancer research, as it seeks to contribute further to addressing the diverse needs of, and increasing the benefits provided to, patients with cancer, their families, and healthcare providers.

    About LENVIMA (lenvatinib mesylate)

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

    Currently, LENVIMA is approved as a treatment for refractory thyroid cancer in over 50 countries, including the United States, Japan, in Europe and Asia. Additionally, Eisai has obtained approval for the agent in combination with everolimus as a treatment for renal cell carcinoma (second-line) in over 40 countries, including the United States and in Europe. In Europe, the agent was launched under the brand name Kisplyx for renal cell carcinoma. Furthermore, Lenvima has been approved in Japan for unresectable hepatocellular carcinoma (HCC). Outside of Japan, Eisai has submitted applications for an indication covering hepatocellular carcinoma in the United States and Europe (July 2017), China (October 2017), Taiwan (December 2017) and other countries.

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

    In March 2018, Eisai and Merck & Co., Inc. Kenilworth N.J., U.S.A., through an affiliate, entered into a strategic collaboration for the worldwide co-development and co-commercialization of LENVIMA. Under the agreement, the companies will develop and commercialize LENVIMA jointly, both as monotherapy and in combination with Merck & Co., Inc. Kenilworth N.J., U.S.A.'s anti-PD-1 therapy KEYTRUDA (pembrolizumab). In addition to ongoing clinical studies of the combination, the companies will jointly initiate new clinical studies evaluating the LENVIMA/KEYTRUDA combination to support 11 potential indications in six types of cancer (endometrial cancer, non-small cell lung cancer, hepatocellular carcinoma, head and neck cancer, bladder cancer and melanoma), as well as a basket trial targeting six additional cancer types. The LENVIMA/KEYTRUDA combination is not approved in any cancer types today.

    About Eisai

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

    Contact:
    Public Relations Department, Eisai Co., Ltd. +81-(0)3-3817-5120

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    TOKYO, May 17, 2018 - (JCN Newswire) - Hitachi Automotive Systems, Ltd. announced today that it will present a exhibition with Clarion Co., Ltd. of the Hitachi Group at the Automotive Engineering Exposition 2018 Yokohama (booth number 50). The exposition will be held from May 23 to May 25 at Pacifico Yokohama, in Japan under the sponsorship of the Society of Automotive Engineers of Japan. Hitachi Automotive Systems will showcase a wide range of Hitachi Group's mobility technologies, products and systems related to the autonomous driving and electrification capabilities that are crucial to realizing the next generation of vehicles.

    At the exposition, an autonomous driving system realized through safety control technology based on an electrification system, which is increasingly in demand due to ZEV (Zero Emission Vehicle) regulations, 360 degrees sensing technology that detects surroundings by combining peripheral recognition sensors such as cameras and radars, and data from such technology will be fitted to a showcase car for a virtual display which combines actual equipment and video footage. Auto Valet Parking, now currently under development with the aim of increasing parking safety and convenience, will also be on display as an example of the applications of autonomous driving. Additionally, a high-efficiency engine system with improved fuel-economy will be featured. This engine system has increased thermal efficiency and reduces the burden on the environment through the use of simulation and analytical technology alongside continuous development of individual components.

    Clarion will display Door to Door Navigation, which offers complete guidance from departure to arrival at a destination or home, and even walking directions after parking from just one search. The user can seamlessly share destination information search results from their smartphone to the car navigation system, and display the driving route from the car navigation system and walking directions on their smartphone. A variety of information work together in tandem to provide constant support to the driver.

    Hitachi Automotive Systems, Ltd. is moving forward with the development of fully integrated control systems combining safe, comfortable and efficient autonomous driving systems and vehicle operation in order to realize a society of smart mobility without road accidents or traffic congestion, and a reduction of burden on the driver. Furthermore, even as we develop electrification to meet Zero Emission Vehicle regulations, we are also contributing to the realization of a better car society by maximizing environmental and driving performance.

    About Hitachi Automotive Systems, Ltd.

    Hitachi Automotive Systems, Ltd. is a wholly owned subsidiary of Hitachi, Ltd., headquartered in Tokyo, Japan. The company is engaged in the development, manufacture, sales and services of automotive components, transportation related components, industrial machines and systems, and offers a wide range of automotive systems including engine powertrain systems, electric powertrain systems and integrated vehicle control systems. For more information, please visit the company's website at http://www.hitachi-automotive.co.jp/en/.

    About Hitachi, Ltd.

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

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

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Envisioned mixed-reality solution for remote sharing of temporal-spatial information
    TOKYO, May 17, 2018 - (JCN Newswire) - Electric industry leader Tokyo Electric Power Company Holdings Inc. (TEPCO) announced today that it has joined forces with IT and entertainment developer Pocket Queries Inc. to develop a mixed-reality (MR) solution that will combine the real and virtual worlds for fast, easy, three-dimensional visualization of data in the workplace. In the initial phase, collaborative research will focus on supporting frontline personnel working in power plants or factories. The collaboration agreement runs from May 2018 to March 2020.

    During their research, the two parties will utilize mixed reality to develop a highly accessible and easy-to-use system for consolidating and displaying data, such as inspection readings, and supporting manual data entry. A working model will be tested on-site in mixed-reality environments that merge physical and digital spaces. Test sites will include a mix of TEPCO power plants and the TEPCO Research Institute.

    Mixed reality areas will be constructed in physical spaces to display sensor- and support-related data for ready access during routine inspections and patrols. Also, an advanced communication protocol will be developed for sharing visual, audio and holographic data in real time between on-site and control room personnel. Such scenarios will be used to identify how and where mixed reality technology is most applicable, based on which practical interfaces will be devised.

    The aim will be to not only raise efficiency and performance, but also change how work is conducted by redefining the boundaries of time, location and worker experience. The introduction of mixed reality in Japan's electrical utility field would be an industry first.

    "By combining gaming-world and mixed-reality technologies, we aim to bring about an evolutionary change in the way people work and allow them to use their limited working hours as effectively as possible," said Nobuhiko Sasaki, CEO of Pocket Queries.

    "As an electric power company that prioritizes both safety and efficiency, TEPCO is looking to leverage the power of MR to help us work more efficiently and ensure greater safety for optimal energy services," said Taishi Yamakawa of the TEPCO Research Institute Management Strategy Research Office. "Through our collaboration with Pocket Queries, we look forward to developing a mixed-reality solution that will greatly enhance our work processes."

    The results of the collaborative research and practical trials at TEPCO are also expected to be applied in a commercial "QuantuMR" MR-based package solution that Pocket Queries would offer to various industries.

    The collaboration will focus on core "Q" themes based on the "Quantize the World" concept:
    - Queuing your mission data: Automatically create MR spatial data
    - Query to remote-worker: Communicate remotely via an MR space
    - Quest like a game: Provide on-site suggestions and guidance via MR
    - Quick and magical tools: Improve efficiency with MR-specific tools
    - Quote for your working report: Tie data to physical objects for use in reports
    - Quantum for everyone: Convert MR data into knowledge for sharing/application

    Data is the lifeblood of everyday operations at TEPCO electrical plants and other industrial facilities. As the Internet of Things and digitalization of workplaces expand, the management of such data will grow in importance. Going forward, the question is, how will businesses navigate between the real and virtual worlds to make data work for them increasingly quickly and efficiently?

    Pocket Queries, drawing on its experience and expertise in the fields of game design and the development of augmented-reality and virtual-reality software, has been researching how to bring upgrade work floors with practical MR-based technology tailored specifically for the industrial sector. The company seeks to combine the power of gaming and advanced mixed reality for new solutions that enhance workplace efficiency.

    TEPCO has a similar vision to strengthen frontline support and bring increased innovation to factory floors. Under its mission to provide a stable source of energy combined with high-value service, TEPCO is committed to exploring the latest technological advances in facility operation and maintenance.

    For more about QuantuMR, including updates on test results as they pertain to mixed reality, please visit http://quantu-mr.com. QuantuMR will be demonstrated at de:code 2018 hosted by Microsoft in Japan on May 22-23. https://www.microsoft.com/ja-jp/events/decode/2018/

    Media inquiries:
    Tokyo Electric Power Company Holdings, Inc.
    Corporate Communication Office
    Tel: +81-3-6373-1111 (Operator)

    Pocket Queries Inc.
    Tel: +81-3-5333-1533

    About TEPCO
    Tokyo Electric Power Company Holdings, Inc. (TSE: 9501), headquartered in Tokyo, Japan, is the largest utility in Japan serving millions of homes and businesses. Worldwide the company has more than 34 subsidiaries and 32 affiliates in 8 countries and employs approximately 42,060 people. Consolidated revenue for the fiscal year ending March 31, 2017, totaled 5.3 trillion Japanese yen. The company was established in 1951 and is listed on the First Section of the Tokyo Stock Exchange. For more information visit http://www.tepco.co.jp/en/

    About Pocket Queries
    Founded in 2010, Pocket Queries, Inc., was one of the first companies in Japan to embrace development on the Unity platform. While their headquarters is located in Shibuya, Japan, they also have production studios in Vietnam (Hanoi, Da Nang, and Ho Chi Minh Vietnam). With a team of over 120 engineers, artists, planners, and directors spanning multiple locations, Pocket Queries, Inc., is fully capable of overseeing every stage of solution development from start to finish. Please visit http://www.pocket-queries.co.jp (Japanese).


     
    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    SINGAPORE, May 17, 2018 - (ACN Newswire) - Hari Raya Light Up 2018 returned to Geylang Serai on 12 May and will run until 30 June 2018, bringing with it a visual feast of more than 50 light installations.

    Themed "Celebrating our kampung spirit", the annual event once again brightened the streets of Singapore's largest Malay enclave with displays inspired by Malay art and cultural icons. The crowd-pleasing shopping bazaar also returned this year with about 800 stalls serving up a plethora of traditional Malay fare, outfits and ornaments.

    Mr Eric Wong (JP, BBM(L)), Chairman of the Hari Raya Light Up 2018 Organising Committee expressed keen anticipation. He said, "We look forward to celebrating the old kampung spirit in this year's festive light-up. Each year without fail, Geylang Serai comes alive with creative light displays in the lead-up to Ramadan and Hari Raya Puasa. This is something the local community eagerly awaits, but the Hari Raya Light Up also invites our international friends to experience and be immersed in the Malay culture of Singapore. We hope this year's event will give them a taste of the traditional kampung spirit that resonates with our cultural roots."

    "Hari Raya is one of Singapore's major festivals. Aside from honouring Malay culture and heritage, the Hari Raya Light Up festivities are a reflection of our multi-racial community and bring vibrancy to the Geylang Serai precinct. We are delighted to continue supporting this event as a rich cultural experience for both local and global visitors alike to enjoy," said Mr Kenneth Lim, Director, Cultural Precincts Development, Singapore Tourism Board.

    Gorgeous displays to cast light on Malay cultural icons

    Over the fifty days, visitors can expect to see Malay cultural icons captured in lights along Sims Avenue, Geylang Road and Changi Road. Two main arches welcome visitors with brilliant traditional Malay heritage icons along Sims Avenue and Changi Road, while a circular arch stands tall at the corner of Engku Aman Road and Sims Avenue.

    The first main arch features a traditional kampung house and sampan, motifs inspired by the concepts of community and homecoming. The kampung house signifies the gathering of a family or community living closely together, while the sampan is symbolic of the many abroad travelling home to be with loved ones during the fasting month.

    The second main arch features a mosque, while the third circular arch presents a stunning 3D centerpiece also depicting a mosque - representative of the place of worship where Muslims may congregate for their tarawih prayers during Ramadan.

    Additional arches along the way bear conventional Islamic symbols like the crescent and star, along with words of blessings often exchanged by Muslims during the holy month.

    Open plaza at the new Wisma Geylang Serai venue for Hari Raya Light Up launch

    In conjunction with the festivities, the open plaza at Wisma Geylang Serai was the venue for the official launch of Hari Raya Light Up. The brand-new Malay-Muslim social and cultural heritage hub also features a larger-than-life backdrop crafted in the iconic shape of a 'kompang', the traditional Malay musical instrument.

    Crowd-pleasing bazaar to happen 12 May to 14 June 2018

    Fans can expect Geylang Serai to be bustling with bazaar stalls from 12 May to 14 June 2018. Spanning the areas around Geylang Serai market, Joo Chiat Complex and the former Malay Village, as well as along Geylang Road, stalls offer delectable dishes including Ramly burger, kebab and vadai. Malay visitors will also be delighted to find a rich offering of traditional costumes and accessories at the bazaar in time for upcoming Hari Raya Puasa celebrations.

    Breaking fast together in kampung community

    Another aspect of Hari Raya Light Up is the various iftar sessions to be held at Wisma Geylang Serai, where residents and other members of the constituency will gather to break fast at sunset. These events seek to foster a shared sense of affinity and belonging within the community.

    Cultural Heritage Race to acquaint participants with Malay culture

    Other highlights include an invigorating Cultural Heritage Race that will take place on 20 May 2018 to bring adjacent communities closer together. In teams of three that must include a non-Malay Singaporean and a new Singapore Citizen, as well as a Singapore Permanent Resident or Employment Pass holder, competitors will race within the boundaries of the bazaar and Geylang Serai Heritage Trail to discover nuggets of cultural information about Hari Raya and the Malay community in Singapore. In the spirit of celebration, male and female participants must also don songkoks and selendangs (male and female Muslim accessories) respectively during the race.

    For more information about Hari Raya Light Up, please visit https://www.facebook.com/HariRayaLightUpSingapore/.

    For further media enquiries, please contact:
    Nur Atiqah M. Hatta, Ninemer PR, atiqah@ninemer.com
    Charlene Ho, Ninemer PR, charleneho@ninemer.com

     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    HONG KONG, May 17, 2018 - (ACN Newswire) - The rise of cryptocurrency trading has absolutely everything to do with exchange platforms. Today, global trade volume is growing, and cryptocurrency exchanges are adding more and more new users each day. They represent the focal point for deal-making in the sector, by allowing everyone to execute trades without having to read through numerous forums in order to find someone willing to take the other side of the transaction with no guarantees of success and security.

    By design, exchanges provide the entire crypto market with an essential service: liquidity. Here, we discuss it, see how HFT algorithms can assess it and assist in finding the best deals. Liquidity is one of the largest challenges in the sector. It is heavily influenced not only by regulations but also by the speculative nature of today's crypto market.

    Many people make decisions to buy or sell cryptocurrency at about the same time or place relatively large orders, which cause volatility; and the market is not just able to absorb it or handle a transaction of 10k bitcoins without the value of the cryptocurrency changing. This happens due to the lack of liquidity, compared to the traditional financial market and the equivalent in cash, the most liquid asset.

    Apart from the trading activity, for a single exchange, its own unique liquidity is determined by its ability to keep reserves to draw on when running out of coins to sell. Smaller exchanges, with a daily trading volume of around 1k BTC, often face supply-and-demand issues or local price slippage and require the buyer to cover it, together with the gas - transaction cost of around 1-10% above the original price.

    Liquidity is one of the main things to consider when choosing a cryptocurrency exchange. Here are the two factors that explain it:

    - Security and reputation. Cryptocurrency exchanges have become an appealing target for cybercriminals, with the most notorious hacks of Gox, Bitfinex, Coincheck and other major trading platforms, leading to billions of dollars in losses. In addition to information security, exchanges now are responsible for detecting and preventing the so-called pump-and-dump schemes and other fraudulent activities. Both tasks require sophisticated security protocols and high-end infrastructure that can cost up to millions of dollars to set up and operate. However, the effects of these investments on reputation build up over the long term and result in more money flowing in.

    - Trading volume and trading pairs. Top exchanges have 24-hour trading volumes of more than $1b and offer multiple trading pairs with major cryptocurrencies such as bitcoin and ether listed as base ones. By design, crypto-only exchanges have many coins available and tend to accumulate higher trading volumes. Fiat-accepting exchanges, on the other hand, have lower liquidity due to overregulation, stringent verification process, and limited trading pairs, so their trading volume can be smaller as well.

    How HFT algorithms can solve the problem

    With the "Flash Boys" book out on the streets, high-frequency trading has been scrutinized by media and associated with market abuse. HFT traders, thought to be constantly seeking ways to profit from the system, have become scapegoats for the liquidity problem. In turn, high-frequency trading, originally developed to work on stock exchanges, has proven its efficiency in a decentralized cryptocurrency market.

    STeX.Exchange ( https://stex.exchange/ ) is a pioneer in the automated liquidity aggregation space. This project solves the liquidity problem by aggregating offers from cryptocurrency exchanges in one place without any market-altering effects. Here, HFT algorithms allow for real-time analysis of information across thousands of exchanges and provide customers with the best deals available on the market. STeX is designed as a decentralized system, with a custom-built A2A (Any-to-Any) technology that supports up to 10k cross rates and handles the exchange of any crypto assets in a single direct trade.

    In this way, STeX will become an ultimate exchange platform and solve one of the largest challenges that limit faster growth for the cryptocurrency market. In fact, STeX aims to become one of the largest providers of crypto asset liquidity by adopting a wide range of traditional financial instruments such as futures and options, together with trading tools: from trailing stop loss orders to take profit orders; and deploying sophisticated HTF market-making algorithms to power the system.

    To date, this project has raised 15k ETH during the August-September crowdfunding campaign and released its MVP.

    To raise additional funds for the venture, STeX will conduct an ICO. The STeX A2A fundraiser ( https://stex.exchange/ico ) started on May 1 and will be closed in 1-2 months. You can buy A2A tokens for ETH, BTC, LTC, DASH, TRX, BTG, BCH. Tokens can be used inside the STEX platform for bonuses and discounted commission payment.

    About STeX.Exchange
    STeX.Exchange is the first cryptocurrency exchange with automated liquidity aggregation, and powered with innovative A2A (Any2Any) technology. The platform offers a combination of i) direct access to the top 100 coins with cross-trading between any two type of coins; ii) ability to use one's own cold wallets to store coins; iii)an automated system to aggregate liquidity from the other exchanges. The project completed its crowdfunding by hitting its hard cap of 15,000 ETH in September 2017. Its alpha version was launched on 27 March 2018 and will launch its beta version in Q22018.


     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Mazda CX-3 XD Exclusive Mods
    A new 1.8-liter diesel engine and structural technologies slated for next-generation models enhance driving pleasure; safety and environmental performance improved in everyday driving situations

    HIROSHIMA, Japan, May 17, 2018 - (JCN Newswire) - Mazda Motor Corporation has begun accepting pre-orders for the updated Mazda CX-3 at dealerships throughout Japan. An ideal crossover SUV for singles or young couples, the CX-3 has received a major update and a special edition named Exclusive Mods that features deep red Nappa leather upholstery has been added to the lineup. Sales start on May 31.(1)

    http://www.acnnewswire.com/topimg/Low_MazdaCX3XD..jpg
    Mazda CX-3 XD Exclusive Mods

    Working to a theme of "Exquisite & Edgy," the team made improvements in design, engines, handling and safety. As a result, the new model offers superior environmental and safety performance and driving performance that engenders a sense of unity for all on board in common driving situations

    The redesigned model adopts parts of Mazda's next-generation SKYACTIV-Vehicle Architecture(2) to retain the CX-3's excellent handling as a compact car while offering comfortable driving around town and on longer drives. Aiming to make the CX-3 even more fun to drive while providing a quieter and more comfortable ride, the team revised the suspension tuning, adopted newly developed tires(3) and chose higher-damping urethane for the front seats.

    For both engine options, efforts focused on realizing high levels of both driving pleasure and environmental performance. A new 1.8-liter SKYACTIV-D diesel engine improves efficiency and emissions performance in common driving situations. It also enhances Mazda's responsive driving feel with strong torque at high rpms for powerful and smooth acceleration. The SKYACTIV-G 2.0-liter gasoline engine adopts the same innovations as in the updated Mazda CX-5, including edge-cut piston heads and high-dispersion injectors. These new technologies improve torque throughout the entire rev range and contribute to better real-world fuel efficiency.

    Design improvements, including changes to the front grille, LED rear combination lamps and aluminum wheels, are aimed at creating the feeling of a higher-class vehicle. Inside, the center console has been redesigned and the addition of an electric parking brake, center armrest and multi-box enhance comfort and reduce fatigue.

    In terms of safety, the refreshed CX-3 is the first model to adopt an updated version of Advanced Smart City Brake Support (Advanced SCBS) with enhanced ability to detect pedestrians at night. This and other safety features, such as Mazda Radar Cruise Control (MRCC)(4) with Stop & Go,(5) a 360 degrees View Monitor,(6) and an auto-dimming rearview mirror help the driver recognize potential dangers both day and night.

    The Exclusive Mods special edition features deep red Nappa leather upholstery for a look of quality and maturity. In combination with the white interior trim, it creates an edgy, urban atmosphere.

    "The concept behind the CX-3 was to create the standard for the new era, and we've worked hard to evolve the model in response to customer feedback," said Michio Tomiyama, program manager for the model. "Moving forward, we will continue efforts to improve our product in ways that customers will appreciate in everyday driving scenarios and enhance the essential value that cars offer. Working to help create a future in which cars can co-exist with people, society and the earth, we will enrich people's lives with an experience of car-ownership that celebrates the joy of driving and build a strong emotional connection with customers."

    Updates to the Mazda CX-3

    1. Advances in handling

    - Aiming for reassuring, intuitive and responsive handling, the team incorporated some of the technologies of Mazda's next-generation SKYACTIV-Vehicle Architecture, which is firmly grounded in the company's human-centered design philosophy and draws out people's inherent capabilities. Improvements were made to the front dampers, front stabilizers and coil springs, and the G-Vectoring Control and electric power steering systems were carefully tuned to achieve even smoother changes in vehicle posture.
    - Newly developed 18-inch tires with a softer vertical spring and optimized rubber and tread combine with the more responsive suspension to smoothly absorb any impact from the road surface. Ride comfort is enhanced by greatly reducing the impact and resulting oscillations of passing over a joint in the road.
    - A quieter cabin has been achieved by increasing the thickness of front- and rear-door outer panels, making the rear-door window glass as thick as that of the front-door (4 mm), improving the door seals and the sound-absorbing properties of the headliner. The new tires also reduce unpleasant road noise by suppressing vibrations from the road surface.
    - Cushions in the front seats use the same high-damping urethane as those in the Mazda CX-8, a high-end SUV. Its superior damping and vibration-reducing properties ensure comfortable seating and improve ride quality.

    2. Advances in the engine lineup

    - Aiming to provide true value to customers, efforts focused on achieving even higher levels of driving pleasure and environmental performance in situations drivers face on a daily basis. Advances in both the gasoline and diesel engines aimed at achieving better speed control and a response that better matches the driver's operation of the accelerator pedal.
    - The previous 1.5-liter diesel engine has been replaced by a newly developed SKYACTIV-D 1.8-liter diesel engine to improve real-world fuel economy and emissions performance. With ultra-high-response multi-hole injectors and a variable-geometry turbocharger, it produces strong torque at higher rpms for smooth and powerful acceleration.
    - Aiming to improve real-world economy, achieve an even faster response and reduce noxious gases in exhaust emissions, the SKYACTIV-G 2.0 has been updated with the same new technologies as that in the recently updated CX-5. These include low-friction pistons with edge-cut heads, new high-dispersion injectors and other enhancements that improve torque throughout the entire rpm range, contribute to better real-world fuel economy and allow intuitive speed control in common driving situations.

    3. Design enhancements

    - The radical yet refined beauty of the CX-3 has been further enhanced under the theme of "Exquisite & Edgy."
    - For the exterior, enhancements were made to the grille, the LED combination lamps and the aluminum wheels. Fog lamp bezels and pillar garnishes in gloss black and chrome side garnish moldings give the impression of a higher class vehicle.
    - Changes in the cabin focused not only on improving the interior design, but on enhancing overall ease-of-use based on the human-centered philosophy. The adoption of an electric parking brake allowed a complete redesign of the center console, including the addition of an armrest and flexible storage box. A center armrest with inbuilt cup holders was added to the rear seat for comfort and convenience.
    - Materials and colors for the instrument panel, seat upholstery and door trim were chosen to create a mature cabin atmosphere uncommon in vehicles of this size.

    4. Advances in safety

    - The refreshed CX-3 is the first model to adopt an updated version of Advanced Smart City Brake Support (Advanced SCBS) with enhanced ability to detect pedestrians in the dark. With the same lineup of advanced safety technologies as Mazda's high-end models, the CX-3 supports safe driving both day and night.
    - With Stop & Go functionality, Mazda Radar Cruise Control (MRCC) can now bring the vehicle to a complete stop, allowing the driver to relax and enjoy the drive.
    - A 360 degrees View Monitor is available as a factory installed option for all model grades, offering peace of mind even for less confident drivers.
    - An auto-dimming rearview mirror is standard equipment on all model grades.

    Overview of the Exclusive Mods Special Edition

    Combining a premium feel with urban chic, the Exclusive Mods special edition is the new flagship of the CX-3 lineup. Specially selected materials and colors create an edgy and modern look.

    Base model

    20S L Package and XD L Package with SKYACTIV-Drive six-speed automatic transmission

    Special features

    - Exclusive interior coordination, including deep red Nappa leather upholstery and white dash trim
    - 18-inch aluminum wheels with dark gloss paint
    - Windscreen and front-door window glass that cuts ultra-violet and infra-red rays

    Body colors

    A choice of six body colors, excluding Titanium Flash Mica and Eternal Blue Mica

    About Mazda

    Mazda Motor Corporation (TSE: 7261) started manufacturing tools in 1929 and soon branched out into production of trucks for commercial use. In the early 1960s, Mazda launched its first passenger car models and began developing rotary engines. Still headquartered in Hiroshima in western Japan, Mazda today ranks as one of Japan's leading automakers, and exports cars to the United States and Europe for over 30 years. For more information, please visit www.mazda.com

    Contact:
    Corporate Communications Division Mazda Motor Corporation, Japan +81-3-3508-5056 [Tokyo] +81-82-282-5253 [Hiroshima] mailto: media@mazda.co.jp

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    SINGAPORE, May 17, 2018 - (ACN Newswire) - Hari Raya Light Up 2018 returned to Geylang Serai on 12 May and will run until 30 June 2018, bringing with it a visual feast of more than 50 light installations.

    Themed "Celebrating our kampung spirit", the annual event once again brightened the streets of Singapore's largest Malay enclave with displays inspired by Malay art and cultural icons. The crowd-pleasing shopping bazaar also returned this year with about 800 stalls serving up a plethora of traditional Malay fare, outfits and ornaments.

    Mr Eric Wong (JP, BBM(L)), Chairman of the Hari Raya Light Up 2018 Organising Committee expressed keen anticipation. He said, "We look forward to celebrating the old kampung spirit in this year's festive light-up. Each year without fail, Geylang Serai comes alive with creative light displays in the lead-up to Ramadan and Hari Raya Puasa. This is something the local community eagerly awaits, but the Hari Raya Light Up also invites our international friends to experience and be immersed in the Malay culture of Singapore. We hope this year's event will give them a taste of the traditional kampung spirit that resonates with our cultural roots."

    "Hari Raya is one of Singapore's major festivals. Aside from honouring Malay culture and heritage, the Hari Raya Light Up festivities are a reflection of our multi-racial community and bring vibrancy to the Geylang Serai precinct. We are delighted to continue supporting this event as a rich cultural experience for both local and global visitors alike to enjoy," said Mr Kenneth Lim, Director, Cultural Precincts Development, Singapore Tourism Board.

    Gorgeous displays to cast light on Malay cultural icons

    Over the fifty days, visitors can expect to see Malay cultural icons captured in lights along Sims Avenue, Geylang Road and Changi Road. Two main arches welcome visitors with brilliant traditional Malay heritage icons along Sims Avenue and Changi Road, while a circular arch stands tall at the corner of Engku Aman Road and Sims Avenue.

    The first main arch features a traditional kampung house and sampan, motifs inspired by the concepts of community and homecoming. The kampung house signifies the gathering of a family or community living closely together, while the sampan is symbolic of the many abroad travelling home to be with loved ones during the fasting month.

    The second main arch features a mosque, while the third circular arch presents a stunning 3D centerpiece also depicting a mosque - representative of the place of worship where Muslims may congregate for their tarawih prayers during Ramadan.

    Additional arches along the way bear conventional Islamic symbols like the crescent and star, along with words of blessings often exchanged by Muslims during the holy month.

    Open plaza at the new Wisma Geylang Serai venue for Hari Raya Light Up launch

    In conjunction with the festivities, the open plaza at Wisma Geylang Serai was the venue for the official launch of Hari Raya Light Up. The brand-new Malay-Muslim social and cultural heritage hub also features a larger-than-life backdrop crafted in the iconic shape of a 'kompang', the traditional Malay musical instrument.

    Crowd-pleasing bazaar to happen 12 May to 14 June 2018

    Fans can expect Geylang Serai to be bustling with bazaar stalls from 12 May to 14 June 2018. Spanning the areas around Geylang Serai market, Joo Chiat Complex and the former Malay Village, as well as along Geylang Road, stalls offer delectable dishes including Ramly burger, kebab and vadai. Malay visitors will also be delighted to find a rich offering of traditional costumes and accessories at the bazaar in time for upcoming Hari Raya Puasa celebrations.

    Breaking fast together in kampung community

    Another aspect of Hari Raya Light Up is the various iftar sessions to be held at Wisma Geylang Serai, where residents and other members of the constituency will gather to break fast at sunset. These events seek to foster a shared sense of affinity and belonging within the community.

    Cultural Heritage Race to acquaint participants with Malay culture

    Other highlights include an invigorating Cultural Heritage Race that will take place on 20 May 2018 to bring adjacent communities closer together. In teams of three that must include a non-Malay Singaporean and a new Singapore Citizen, as well as a Singapore Permanent Resident or Employment Pass holder, competitors will race within the boundaries of the bazaar and Geylang Serai Heritage Trail to discover nuggets of cultural information about Hari Raya and the Malay community in Singapore. In the spirit of celebration, male and female participants must also don songkoks and selendangs (male and female Muslim accessories) respectively during the race.

    For more information about Hari Raya Light Up, please visit https://www.facebook.com/HariRayaLightUpSingapore/.

    For further media enquiries, please contact:
    Nur Atiqah M. Hatta, Ninemer PR, atiqah@ninemer.com
    Charlene Ho, Ninemer PR, charleneho@ninemer.com

     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    - Promotes the use of LoRaWAN and stimulates the IoT Market -

    TOKYO, May 17, 2018 - (JCN Newswire) - NEC Corporation (TSE: 6701) today announced the launch of a partner program with manufacturers, distributers and other related companies for LoRa (Long Range) WAN compliant devices and gateways from this May in Japan. Through this program, which will be gradually rolled out to global markets, NEC promotes the use of LoRaWAN, which is part of Low Power Wide Area (LPWA) networks.


    This program provides companies with an environment for verifying interconnectivity between devices, gateways and NEC's LoRaWAN compliant network servers, which control and manage the devices free of charge. Additionally, NEC provides verification test items and monitors activity logs during verification as part of its comprehensive support of the verification process. NEC will also list devices and gateways whose interconnectivity has been confirmed through this program on its website.

    The range of services using IoT is constantly expanding. LoRaWAN is expected to be widely used as a low power consumption communication network for IoT, which is suitable for data collection over a wide range of devices. Under these circumstances, it is important to verify interconnectivity with a variety of LoRaWAN-compliant peripherals at an early stage in order to respond promptly, reliably and cost effectively to the variety of needs from service providers using IoT.

    "This program will enable a wide range of companies to collaboratively create products and services, and encourage the use of LoRaWAN with the aim of stimulating the IoT market. Moreover, NEC will continue to fulfill the many needs of service providers for IoT by providing total solutions covering everything from devices to applications," said Takashi Sato, General Manager, Digital Services Solution Division, NEC Corporation.

    "Oi Electrics is pleased that NEC has launched a partner program and we look forward to seeing it stimulate the IoT market in Japan. We are already offering a variety of customers, including communication carriers, original LoRa compliant gateways, communication units and devices used for prototype development and demonstration tests," said Hiroyuki Nakamura, Executive Officer, Chief Director of 3rd Sales, Oi Electric Co., Ltd. "We expect this program to promote collaboration among device partners and to increase the delivery of LoRa-based solutions."

    Tsuyoshi Yoshida, CEO, Braveridge Co., Ltd. said, "I expect the LoRa market to continue gathering momentum through the collaboration between NEC's network server and our LoRa-related products, communication modules, and sensor devices. We will continuously provide sophisticated devices that help resolve problems within autonomous bodies and companies, as well as social issues."

    About NEC Corporation

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

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

    Contact:
    NEC Seiichiro Toda s-toda@cj.jp.nec.com +81-3-3798-6511

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Enabling JCB brand payment at merchants around the world using the Stripe payment platform

    San Francisco and Tokyo, May 17, 2018 - (ACN Newswire) - Stripe, Inc. and JCB Co., Ltd. announced the signing of an MOU for a global partnership aiming for JCB brand acceptance at all internet merchants using the Stripe payment platform.

    Stripe provides multicurrency payment processing for tens of thousands of merchants worldwide, from startups to major corporations. Stripe officially launched in Japan in 2016, and has served a wide variety of online business. JCB, the only international payments brand based in Japan, has a global payment acceptance network to serve the over 110 million JCB cardmembers living in 24 countries and regions.

    The global partnership will enable JCB brand acceptance at merchants using the Stripe payment solution, in any local currency around the world. Stripe merchants will be able to access a wider range of consumers, and JCB cardmembers, in turn, will be able to purchase products and services from Stripe merchants.

    "Our partnership with JCB will enable Stripe merchants in Japan to begin accepting payments from more than 110 million JCB cardmembers - and hundreds of thousands of Stripe businesses outside of Japan will also soon be able to accept payments from JCB customers," said Claire Hughes Johnson, COO of Stripe. "With less than 6% of commerce in Japan today online, there's an enormous opportunity to enable a whole new generation of online businesses in Japan and around the world."

    Kimihisa Imada, President of JCB International, the international operations subsidiary of JCB, remarked, "Signing the global partnership MOU with Stripe, which provides multicurrency online payment processing to merchants around the world, gives us a way to offer even more convenient payment to our JCB cardmembers worldwide. JCB is committed to providing more attractive products and services to our customers now and in the future".

    About Stripe
    Stripe is a technology company that builds economic infrastructure for the internet. Businesses of every size - from new startups to public companies like Salesforce and Facebook - use Stripe's software to accept online payments and run technically sophisticated financial operations in more than 100 countries. More than 50% of Americans made a purchase using Stripe in the past year. Headquartered in San Francisco, with nine global offices in North America, Europe, Australia, and Asia, Stripe helps new companies get started and grow their revenue, and established businesses accelerate into new markets and launch new business models. Over the long term, Stripe aims to increase the GDP of the internet.

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

    Contact: Kumiko Kida
    JCB Co., Ltd.
    Corporate Communications
    Tel: +81-3-5778-8353
    Email: jcb-pr@info.jcb.co.jp

     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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