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ACN Newswire press release news - Recent Press Releases

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    TOKYO, Oct 1, 2018 - (JCN Newswire) - TRENDE Inc., an online renewable energy retailer selling electricity to residential customers in Japan, announces the formation of its Advisory Board to provide strategic guidance and advice to management. The members include Yoshiaki Fujimori, Emmy Suzuki Harris, Hiroaki Kitano, Masaakira James Kondo, and Yukiko Muto.

    "The search for these advisors has been a strategic and thoughtful process," said Tadatoshi Senoo, Co-founder and CEO of Trende. "We have established a diverse advisory team with extensive experience in community building, customer service, media, technology, sales, entrepreneurship, big business, and government in order to provide advice and guidance during our initial growth phase. We look forward to working with these respected members and leveraging their experience to help us achieve our goals."

    - Yoshiaki Fujimori
    Chairman, Oracle Japan
    Director, Takeda Pharmaceuticals
    Director, Boston Scientific
    Former CEO, LIXIL Group

    - Emmy Suzuki Harris
    Asia Regional Director and Interim Deputy Executive Director, Change.org Foundation

    - Hiroaki Kitano
    CEO, Sony Computer Science Laboratories Inc.

    - Masaakira James Kondo
    Co-Chairman, Silicon Valley Japan Platform
    Senior Advisor, Geodesic Capital
    Former Vice President of Twitter Inc., and Chairman, Twitter Japan

    - Yukiko Muto
    President, Uber Eats Japan
    Former Head of Japan, New Business Sales, Google
    Former President, OpenTable KK

    About TRENDE
    TRENDE Inc. is an online renewable energy retailer selling electricity to residential customers in Japan via its Ashita Denki (https://ashita-denki.jp/) and Hot Denki (https://hotdenki.jp) service websites. Our goal is to accelerate the widespread adoption of solar power and redefine the energy ecosystem in Japan with a customer-centric business model and innovative P2P platform. Our investors include Tokyo Electric Power, Showa Shell and Dubai Electricity and Water Authority. For more information, please visit http://trende.jp/.


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

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    TOKYO, Oct 1, 2018 - (JCN Newswire) - TRENDE Inc., an online renewable energy retailer selling electricity to residential customers in Japan, announces the formation of its Advisory Board to provide strategic guidance and advice to management. The members include Yoshiaki Fujimori, Emmy Suzuki Harris, Hiroaki Kitano, Masaakira James Kondo, and Yukiko Muto.

    "The search for these advisors has been a strategic and thoughtful process," said Tadatoshi Senoo, Co-founder and CEO of Trende. "We have established a diverse advisory team with extensive experience in community building, customer service, media, technology, sales, entrepreneurship, big business, and government in order to provide advice and guidance during our initial growth phase. We look forward to working with these respected members and leveraging their experience to help us achieve our goals."

    - Yoshiaki Fujimori
    Chairman, Oracle Japan
    Director, Takeda Pharmaceuticals
    Director, Boston Scientific
    Former CEO, LIXIL Group

    - Emmy Suzuki Harris
    Asia Regional Director and Interim Deputy Executive Director, Change.org Foundation

    - Hiroaki Kitano
    CEO, Sony Computer Science Laboratories Inc.

    - Masaakira James Kondo
    Co-Chairman, Silicon Valley Japan Platform
    Senior Advisor, Geodesic Capital
    Former Vice President of Twitter Inc., and Chairman, Twitter Japan

    - Yukiko Muto
    President, Uber Eats Japan
    Former Head of Japan, New Business Sales, Google
    Former President, OpenTable KK

    About TRENDE
    TRENDE Inc. is an online renewable energy retailer selling electricity to residential customers in Japan via its Ashita Denki (https://ashita-denki.jp/) and Hot Denki (https://hotdenki.jp) service websites. Our goal is to accelerate the widespread adoption of solar power and redefine the energy ecosystem in Japan with a customer-centric business model and innovative P2P platform. Our investors include Tokyo Electric Power, Showa Shell and Dubai Electricity and Water Authority. For more information, please visit http://trende.jp/.

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

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    Route Map of the South Atlantic Cable System (SACS)
    The South Atlantic Cable System ready for service

    TOKYO, Oct 1, 2018 - (JCN Newswire) - Angola Cables S.A. and NEC Corporation (TSE: 6701) announced today that the construction of the world's first submarine cable system across the South Atlantic has been completed and is now ready for commercial service.

    The South Atlantic Cable System (SACS) will connect Angola and Brazil, directly linking the African continent to Latin America across the South Atlantic for the first time, enabling high speed and large capacity international data transmissions, spurring trade and economic growth in both regions.

    In order to meet the growing demand from broadband, mobile, broadcasting and enterprise traffic crossing the South Atlantic, SACS will feature the latest high quality 4-fiber-pair cable and optical transmission technologies with an initial design capacity of 40Tb/s (100Gb/s x 100 wavelengths x 4 fiber-pairs).

    The SACS cable system will land at Sangano cable landing station in Angola, near the capital city of Luanda, and will provide onward connectivity to the Angonap data center. In Brazil, SACS will land directly in a newly constructed data center, which was built together with SACS and for another cable system connecting Brazil to the U.S.A. SACS is 100% owned by Angola Cables. The data center in Fortaleza is majority-owned by Angola Cables, along with local investors. Angola Cables operates SACS and both the Fortaleza data center and Angonap. This way, Angola Cables will connect Angola and Africa directly to Brazil and the U.S.A. through SACS and the other cable, adding to today's existing connectivity from Africa to the U.S.A. through Europe.

    SACS was partially funded by the Japan Bank for International Cooperation (JBIC) through a loan agreement in buyer's credit with Banco de Desenvolvimento de Angola (BDA), the state-owned development bank of Angola. The loan was co-financed with Sumitomo Mitsui Banking Corporation (SMBC) with Nippon Export and Investment Insurance (NEXI) providing insurance for the portion financed by SMBC.

    "Our ambition is to transport South American and Asian data packets via our African hub using SACS, and together with Monet and the WACS, provide a more efficient direct connectivity option between North, Central and South America onto Africa, Europe and Asia. By developing and connecting ecosystems that allow for local IP traffic to be exchanged locally and regionally, the efficiency of networks that are serving the Southern Hemisphere can be vastly improved. As these developments progress they will have considerable impact for the future growth and configuration of the global internet. Furthermore, Angola Cables' relationship with Ocean Specialists, Inc. (OSI) is quite strategic; we have collaborated since 2011 on our plan to become a global provider of high-quality network services. Together with our commercial and development team, OSI has helped transform the initial confirmation of commercial viability to drive the day-to-day project management, network planning and implementation of this direct connection between Africa and the Americas," said Mr. Antonio Nunes, Chief Executive Officer of Angola Cables.

    "NEC is honored to have been selected as a partner for SACS, the world's first optical submarine cable system crossing the South Atlantic, directly connecting two Portuguese speaking nations of Angola and Brazil," said Mr. Toru Kawauchi, General Manager at NEC's Submarine Network Division. "Yesterday, all communication between the two continents had to go up north and cross the North Atlantic. From today, this new cable will bring information at the speed of light, improving the connectivity between the two nations and two continents. I would like to extend my congratulations for the successful completion of SACS and wish to continue building on our relationship with Angola Cables."

    NEC has more than 40 years of experience in the submarine cable business and is recognized as one of the world's top submarine system vendors. NEC has laid a total of more than 250,000 kilometers of submarine cable, the equivalent of six trips around the earth. As a total system integrator, NEC produces optical submarine cable, optical submarine repeaters and equipment for connecting optical transmissions to land, in addition to carrying out ocean surveys, route design, laying optical submarine cable and training personnel for the handover of these systems.

    About Angola Cables

    Angola Cables is an international wholesale carrier, based in Angola and Brazil that operates submarine cable systems and data centers. The company goal is to transform Angola into one of the telecommunication hubs in Africa. Angola Cables is also the operator of the AngoNIX (Angolan-IXP) and is supporting the national operators to develop the Internet in Angola. For more information, visit Angola Cables at https://www.angolacables.co.ao.

    About NEC Corporation

    NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. The NEC Group globally provides "Solutions for Society" that promote the safety, security efficiency and fairness 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, visit NEC at https://www.nec.com.

    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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    Das33 Provides A More Secure Alternative to Existing ICOs

    LONDON, Oct 1, 2018 - (ACN Newswire) - Das33, a revolutionary crowdsourcing platform, has launched within the Das ecosystem, an alliance of companies built around DasCoin, the Currency of Trust. The launch follows a special event last week hosted by Das33 at the United Nations in New York at which the new crowdsourcing platform was unveiled to leading blockchain and sustainability experts.

    Das33 allows independently vetted businesses to issue their own tokens on the DasCoin blockchain, and can be funded with DasCoin (DASC) or Bitcoin (BTC) via a DasWallet account - an easy to set up and secure wallet that requires KYC (Know Your Client) validation. In the Das33 section of the DasWallet, an overview of all current Das33 projects is available.

    DasCoin CEO, Michael Mathias, said: "Das33 has made history by becoming a unique crowdsourcing solution which offers a high level of security and governance over every business venture that seeks crowdsourcing. Das33 also draws on the phenomenal support from our community through our super-efficient blockchain."

    The Das33 world premiere comes at a time when many of the more traditional ICO platforms are losing traction with the public.

    The Das33 platform addresses this issue through a governance model which ensures that every application is assessed by seasoned business professionals. An independent assessment committee is tasked with making sure that only projects with the most potential are approved for crowdsourcing.

    Named after the 33 nodes on which the DasCoin blockchain is constructed, Das33 allows its users to submit their own projects, promote them, and fund their development, while anyone from the DasCoin community can easily support one of the currently ongoing projects and help bring them from initial idea to reality.

    The goal is to create a "do-it-together" approach to development by tapping into the wisdom of the community and having members fund the projects they want to see developed. The more convincing a project appears to be, the more funding that project is likely to receive.

    When pledging funds to individual projects, participants receive a 'premium token' which yields rewards upon the business achieving specific pre-determined targets. The tokens can also be traded on cryptocurrency exchanges.

    About DasWallet:

    The point of entry into the secure DasCoin network. Each DasWallet account links the users to their wallet and is also used to store and validate personal KYC.

    About DasCoin:

    DasCoin is an extremely efficient way to store and exchange value and is the next step in the evolution of money.

    DasCoin is the blockchain-based currency at the center of an innovative digital asset system that seeks to optimize the strengths and eliminate the weaknesses of existing currency systems. It is fast, efficient, balanced, secure and scalable.

    DasCoin is focused on creating a digital currency that delivers superior performance through greater operational efficiency, increased transaction capacity, wider distribution, better governance and greater regulatory compliance. Protected by industry leading security protocols and a technologically superior blockchain, DasCoin is a pioneer in the sector with the goal of becoming the world's first mainstream digital currency.

    DasCoin@bm.com / +44 (0)20 7300 6262

    www.dascoin.com

    The DasCoin codebase can be viewed on GitHub and visit DasCoin Explorer to see blocks built in real time.
    - GitHub: https://github.com/techsolutions-ltd/dascoin-blockchain
    - DasCoin Explorer: https://dascoinexplorer.com/

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

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    Lifestyle solution company to be kicked off to provide richer lifestyles for customers

    TOKYO, Oct 2, 2018 - (JCN Newswire) - Hitachi, Ltd. (TSE:6501) announced today that as of April 1, 2019, a new company will be established to provide solutions that offer richer lifestyles for customers. The new company will be formed through a merger of Hitachi Consumer Marketing, Inc., which has been involved in sales and service for home appliances and air conditioners, and Hitachi Appliances, Inc., which has handled design and manufacturing. As the lifestyles of customers throughout the world become increasingly diverse due to changes in social structures and the development of digitalization, the kickoff of this new company will bring about an evolution into a business entity that can respond quickly to changes, in order to provide valuable products and services. It will strive to become a lifestyle solution company that improves Quality of Life for people throughout the world, by resolving lifestyle issues close to the customers.

    In its 2018 Mid-term Management Plan, and as part of its efforts to become an innovation partner in the IoT era, Hitachi has positioned "Power/Energy," "Industry/ Distribution/Water," "Urban," and "Finance/Social/Healthcare" as its four focus business domains, and is promoting the Social Innovation Business - which strives to resolve issues for customers and for society as a whole - on a global scale. Positioned in the "Urban" domain, and based on the business slogan "360 degrees Happiness," the new company will utilize digital technologies to offer services that improve Quality of Life and achieve further growth in the products business. In order to respond to diversifying customer lifestyles, by providing products and services, it will deliver solutions to customers' issues quickly, and in a one-stop format.

    Following is an outline of the form that the new company is expected to take.

    1. Listen closely to the voices of customers, and respond quickly and accurately to lifestyle issues

    By integrating the value chain, from product planning through to design, manufacturing, sales, and after-sales service, the new company will reflect the voices of customers throughout the world more quickly and accurately in products and services, and provide solutions to customers' lifestyle issues.

    2. Create new solutions that leverage the Hitachi Group's strengths

    The company will create new lifestyle solutions by combining its own products and services with the Hitachi Group's IT, OT, and products. In addition, using the Lumada, it will undertake active measures in new business fields such as "Smart home" and "Smart City."

    3. Establish an energetic corporate culture comprising diverse human resources

    The new company will bring unprecedented value to customers' lifestyles based on fresh and innovative ideas by combining diverse human resources from Hitachi Consumer Marketing and Hitachi Appliances, and by establishing a corporate culture that is overflowing with energy and where each and every employee can demonstrate his or her full potential.

    As a Hitachi Group company handling the Smart Life & Ecofriendly Systems business, which is closest to people's everyday lives, the new company will strive to expand the Social Innovation Business on a global scale.

    About Hitachi, Ltd.

    Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society's challenges, combining its operational technology, information technology, and products/systems. The company's consolidated revenues for fiscal 2017 (ended March 31, 2018) totaled 9,368.6 billion yen ($88.4 billion). The Hitachi Group is an innovation partner for the IoT era, and it has approximately 307,000 employees worldwide. Through collaborative creation with customers, Hitachi is deploying Social Innovation Business using digital technologies in a broad range of sectors, including Power/Energy, Industry/Distribution/Water, Urban Development, and Finance/Social Infrastructure/Healthcare. For more information on Hitachi, please visit the company's website at http://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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    Offering of 228,000,000 Shares through Public Offer and Placing
    Price Ranges from HK$0.40 to HK$0.44 per Share

    HONG KONG, Oct 2, 2018 - (ACN Newswire) - Sterling Group Holdings Limited ("Sterling Group" or the "Group"), a woven apparel manufacturer for international apparel brands, commenced public offering on 29 September 2018 (last Saturday).

    Offering Details
    Sterling Group plans to offer a total of 228,000,000 Shares, comprising 200,000,000 New Shares and 28,000,000 Sale Shares (subject to the Offer Size Adjustment Option), among which, 90% or 205,200,000 Shares, comprising 177,200,000 New Shares and 28,000,000 Sale Shares, will be for Placing (subject to reallocation and the Offer Size Adjustment Option), while 10% or 22,800,000 Shares will be for the Public Offer (subject to reallocation) at an indicative Offer Price ranging from HK$0.40 and HK$0.44 per Offer Share

    The Public Offer commenced on 29 September 2018 (Saturday) and will end at 12:00 noon on 5 October 2018 (Friday). The final Offer Price and results of allocation will be announced on 18 October 2018 (Thursday). Trading of Sterling Group's shares will commence on the Main Board of The Stock Exchange of Hong Kong Limited on 19 October 2018 (Friday) under the stock code 1825. Shares will be traded in board lots size of 10,000 Shares each.

    Ample Capital Limited is the Sole Sponsor. Alpha Financial Group Limited is the Sole Global Coordinator. Alpha Financial Group Limited and Great Roc Capital Securities Limited are the Joint Bookrunners and Joint Lead Managers.

    Investment Highlights
    Ability to manufacture a diversified range of apparel products
    Based on the Group's long operating history and experience, it is able to manufacture a wide variety of products for men, women and children, which include jackets, coats, blouses, dresses, suits, skirts, etc. Sterling Group has gained extensive experience in the apparel industry throughout the years and such experience has enabled the Group to expand its product portfolio in recent years. For the year ended 31 March 2017, the Group received orders for the manufacturing of flight crew uniforms for a U.S. airline, thus expanding its product portfolio to cater for the business uniform market. Such ability to diversify product offerings would enable the Group to expand its customer base which would be beneficial to its further expansion and creating long-term growth.

    Established long-term relationships with customers who are international apparel brand names
    The majority of the Group's customers are international apparel brands that are headquartered in the U.S. and certain European countries such as the U.K. and Spain. As at 20 September 2018, the Group had maintained business relationships with its customers for a period ranging between approximately two to 21 years. In particular, the Group has established more than 19 years of business relationship with its largest customer with mutual benefits in terms of product and service quality. The bedrock of its long-standing relationship with its customers is its meticulous attention to workmanship and fit and the proven performance it has maintained over the years in product quality, delivery and in general, its responsiveness to the needs of its customers.

    Furthermore, the Group's close relationship with its major customers and their positive feedback in respect of its reliable performance would also help it attract new customers around the world which share similar profile and market positioning as its existing customers.

    The geographical advantage of its production facilities located in Sri Lanka and the PRC
    In early 2017, Sterling Group acquired three production facilities, of which two are located in Sri Lanka and one in Panyu, Guangdong Province, the PRC. Production facilities in Sri Lanka, which are located in Katunayake and Meegoda, provide the Group a competitive advantage, such as competitive cost structure relative to China and other Asian countries, English speaking ability, history of apparel manufacturing experience and the proximity of Sri-Lanka to shipping lane to America and U.K. With the relatively low cost of labour for the production of the Group's generally higher-priced products and geographical advantage in Sri Lanka, the Group would be able to lower its operating costs and generate higher profitability.

    The location of the Panyu Factory is advantageous to its operations with access to highly skilled labours for its apparel products, and it also operates as the Group's major technical, sample-making and product development centre. Its proximity to the merchandising function in Hong Kong enables the Group to respond to its customers' needs efficiently and effectively.

    Business Strategies
    Sterling Group intends to strengthen its competitiveness and market position in the apparel manufacturing industry by adopting the following key business strategies:

    Building on its long-term relationship with existing customers and diversifying its customer base
    The Group plans to expand its customer base by proactively approaching potential customers for business opportunities through various channels, such as developing a more proactive sales function by hiring sales executives or sales agencies exploring different markets outside of the U.S.

    The Group is making significant progress in diversifying its customer base as it had successfully secured orders from three new customers for the year ended 31 March 2017. For the year ended 31 March 2018, its revenue amounted to approximately HK$676.9 million, of which approximately HK$285.3 million and HK$29.1 million was derived from its two new customers, representing approximately 42.1% and 4.3% of its total revenue. Thanks to their higher margin, the Group's gross profit margin increased from 16.1% for fiscal 2017 to approximately 18.2% for fiscal 2018. As at 20 September 2018, the confirmed sales orders from its customers amounted to approximately HK$380.6 million, of which approximately HK$174.7 million and HK$31.3 million were derived from the two new customers, representing approximately 45.9% and 8.2% of its total confirmed sales orders, respectively.

    Further upgrade and enhance the Group's production facilities
    The increase in the Group's production capacity will provide cost-saving opportunities and better control over quality and delivery relative to outsourcing. The Group plans to expand its production facilities by purchasing additional machineries for its production facilities, upgrading its existing machineries and equipment in its cutting department to cope with the planned increase in production, and continuously expanding and refurbishing production facilities. The Group targets to finish the upgrade and enhancement by February 2021.

    Continue to pursue strategic acquisitions, investments and alliance opportunities to capture other potential market opportunities
    The Group has been actively seeking strategic acquisitions and investment opportunities that complement its business, including opportunities that help it expand its sales network, achieve greater synergies and diversify its business risks. For instance, acquiring an additional factory in Sri Lanka would share its overheads and reduce its unit cost of production. As at 20 September 2018, the Group has approached certain potential targets but no legally binding agreement has been reached yet.

    Further enhance its information technology systems
    The Group intends to implement an apparel ERP system in order to coordinate among Chiefway International and the Panyu Factory, the Meegoda Factory and the Katunayake Factory, which would enhance the overall efficiency of the Group's operations.

    Use of Proceeds
    Assuming an Offer Price of HK$0.42 per share (being the mid-point of the indicative offer price range), net proceeds from the Share Offer are estimated to be approximately HK$54.4 million and will be applied as follows:

    Item / Percentage
    Expanding and refurbishing production facilities located in Sri Lanka and the PRC: 30%
    Repayment of outstanding bank borrowings, which were used for the acquisition of three factories: 25%
    Acquisitions of production facilities: 25%
    Upgrading information technology system, lean manufacturing and productivity improvement programs: 10%
    General working capital: 10%
    Total: 100%

    About Sterling Group Holdings Limited
    Sterling Group Holdings Limited is a woven apparel manufacturer for international apparel brands that are headquartered in the U.S. and certain European countries such as the U.K. and Spain with their products sold around the world. Apart from a diversified product portfolio such as outerwear, bottoms, tops and others, the Group also established its presence in the business uniform market by supplying flight crew uniforms for a U.S. airline in 2016. Headquartered in Hong Kong, the Group operates three production facilities, of which two located in Sri Lanka and one in Panyu,China.

    Media Enquiries:
    Strategic Financial Relations Limited
    Iris Lee Tel: (852) 2864 4829 Email: iris.lee@sprg.com.hk
    Patty Yeung Tel: (852) 2114 4990 Email: patty.yeung@sprg.com.hk
    Vivian Lee Tel: (852) 2114 4950 Email: vivian.lee@sprg.com.hk
    Website:www.sprg.com.hk



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

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    TOKYO, Oct 2, 2018 - (ACN Newswire) - JCB, the only international payment brand based in Japan, and Nowcast, a Japanese financial research and technology startup, are pleased to announce the release of the updated and expanded consumption index service JCB Consumption NOW on 5 November. JCB Consumption NOW was launched in May 2017 to enable users to track Japan retail consumption trends on a real-time basis. A wide range of national and local government agencies, institutional investors, financial institutions as well as consumer-goods companies have been taking advantage of the consumption indexes based on JCB group cardmember spending data[1].

    The updated JCB Consumption NOW will provide a breakdown by age, gender, and residence area of statistics for consumer spending - goods, consumer spending - services, and five industries including ecommerce. In addition, statistics will be released sooner than before for even timelier information.

    Click here for more information about JCB Consumption NOW.
    https://www.jcbconsumptionnow.com/en

    JCB Consumption NOW Update

    Image: https://www.acnnewswire.com/topimg/Low_jcb181002.jpg

    JCB Consumption NOW Features

    1. Multifaceted analyses
    Based on actual consumption data so you can follow consumption trends by industry and channel of sales, analysis that is unavailable with other indexes. Now JCB Consumption NOW will provide even finer-grained analysis by age, gender, and residence area.

    2. More timely updates
    Consumption indexes for actual spending from the 1st to the 15th of the month is available on the 1st of the next month, and for spending from the 16th to the end of the month on the 15th of the next month - faster than other consumption index services.

    3. More detailed analyses
    The index uses a data sample from JCB group cardmember payment information, providing statistics that are close to the population of Japan as a whole with a high degree of accuracy.

    4. Protection of privacy and personal information
    Customer payment and demographic information is anonymized as required by Japan's Act on the Protection of Personal Information to protect the privacy and personal information of JCB cardmembers.

    About the data used for calculating JCB Consumption NOW statistics

    The updated JCB Consumption NOW uses anonymized JCB cardmember payment information to calculate consumption statistics. Anonymized information is processed as required by Japan's Act on the Protection of Personal Information so that individuals cannot be identified from the information and the information cannot be restored to an unanonymized state. JCB encrypts the anonymized information and transmits it to Nowcast via secure channels.

    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 card member 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
    JCB Co., Ltd.
    Kumiko Kida
    Corporate Communications
    Tel: +81-3-5778-8353
    Email: kumiko.kida@jcb.co.jp

    Nowcast lnc.
    Masashi Tsujinaka
    TEL: +81-3-6272-5550
    Email: tsujinaka@nowcast.co.jp

    [1] Note that individual JCB cardmembers cannot be identified with the information provided by JCB Consumption NOW.

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

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    ON Semiconductor completes incremental 20 percent share purchase of Fujitsu's 8-inch wafer fab in Aizu-Wakamatsu, Japan, resulting in 60 percent ownership

    YOKOHAMA, Japan, Oct 2, 2018 - (JCN Newswire) - ON Semiconductor Corporation and Fujitsu Semiconductor Limited today announced that ON Semiconductor will complete the incremental 20 percent share purchase of Aizu Fujitsu Semiconductor Manufacturing Limited, Fujitsu's 8-inch wafer fab in Aizu-Wakamatsu, on October 1, 2018. ON Semiconductor will hold a 60 percent majority ownership in the joint venture, and a brand transition will occur following the October 1 close. Consequently, the company name of Aizu Fujitsu Semiconductor Manufacturing Limited will transition to ON Semiconductor Aizu Co., Ltd on October 1, 2018. The two companies entered into an agreement in 2014 under which ON Semiconductor obtained a 10 percent ownership interest in Fujitsu's Aizu 8-inch fab. Initial transfers began in 2014, and successful production and ramp up of wafers began in June 2015. In October 2017, the two companies further agreed an incremental share purchase of Fujitsu's Aizu 8-inch fab by ON Semiconductor, and based on the agreement ON Semiconductor increased its ownership interest in Fujitsu's Aizu 8-inch fab to 40 percent in April 2018. ON Semiconductor continues to increase production at the Aizu 8-inch fab, and both companies believe that further strategic partnership will maximize the value for both companies. ON Semiconductor plans to increase its ownership to 100 percent in the first half of 2020. This additional capacity will allow ON Semiconductor to continue to scale its operations to meet forecasted demand and enable increased supply chain flexibility.

    About ON Semiconductor

    ON Semiconductor (Nasdaq: ON) is driving energy efficient innovations, empowering customers to reduce global energy use. The company is a leading supplier of semiconductor-based solutions, offering a comprehensive portfolio of energy efficient power management, analog, sensors, logic, timing, connectivity, discrete, SoC and custom devices. The company's products help engineers solve their unique design challenges in automotive, communications, computing, consumer, industrial, medical, aerospace and defense applications. ON Semiconductor operates a responsive, reliable, world-class supply chain and quality program, a robust compliance and ethics program, and a network of manufacturing facilities, sales offices and design centers in key markets throughout North America, Europe and the Asia Pacific regions. For more information, visit http://www.onsemi.com.

    About Fujitsu Semiconductor

    Fujitsu Semiconductor Group includes a system memory group that is focused on high quality, high performance Ferroelectric random access memory (FRAM), wafer foundry group that has excellent technology and support, and the sales business of Fujitsu Electronics and overseas sales companies. Headquartered in Yokohama, we established as a subsidiary of Fujitsu Limited on March 21, 2008. Through its global sales and development network, with sites in Japan and throughout Asia, Europe, and the Americas, we offer semiconductor solutions to the global marketplace. For more information, visit http://www.fujitsu.com/jp/fsl/en/

    About Fujitsu Ltd

    Fujitsu is the leading Japanese information and communication technology (ICT) company, offering a full range of technology products, solutions, and services. Approximately 140,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE: 6702) reported consolidated revenues of 4.1 trillion yen (US $39 billion) for the fiscal year ended March 31, 2018. For more information, please see http://www.fujitsu.com.

    * Please see this press release: http://www.fujitsu.com/global/about/resources/news/press-releases/

    Contact:
    Kris Pugsley Corporate Communications / Media Relations Development ON Semiconductor Tel: (312) 909-0661 E-mail: kris.pugsley@onsemi.com Parag Agarwal Vice President Investor Relations and Corporate Development ON Semiconductor Tel: (602)244-3437 E-mail: investor@onsemi.com Fujitsu Limited Public and Investor Relations Tel: +81-3-3215-5259 URL: www.fujitsu.com/global/news/contacts/

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

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    Singapore, Hong Kong, Oct 2, 2018 - (ACN Newswire) - ASM Pacific Technology Ltd. (ASMPT), the world leader in semiconductor assembly and packaging equipment, announced that on 1 October 2018 it has completed its acquisition of TEL NEXX, Inc (NEXX) from Tokyo Electron Limited (TEL). TEL NEXX will be subsumed under the Back-End Equipment segment of ASMPT.

    The acquisition is another major step by ASMPT in pursuing their strategy of tapping into new high growth markets and expanding their product offerings to the advanced semiconductor packaging market.

    Established in 2001, NEXX is an industry leader in the advanced packaging market and has strong technological capabilities in the highly specialized Electrochemical Deposition (ECD) and Physical Vapor Deposition (PVD) technologies. Integrating NEXX's technologies with ASMPT's broad product range and global support will enable the Group to expand their business portfolio and continue to offer the most innovative solutions to their customers.

    "With the TEL NEXX acquisition, ASMPT is now uniquely positioned as the integral "Interconnect" company offering a one-stop shop of interconnect solutions in the packaging and surface mount market segments. We can now provide the broadest portfolio of interconnect solutions in the industry. This includes wire bond, flip chip, thermocompression bonding, and together with NEXX's PVD and ECD equipment, we can offer film interconnect solutions inclusive of UBM (Under Bump Metallization), Cu Pillar (Fine Pitch Copper Pillar), TSV (Through Silicon Via) and RDL (Redistribution Layer), just to name a few," said Mr Lee Wai Kwong, CEO of ASMPT.

    Under the new ASMPT's NEXX organisation, Tom Walsh will remain as ASM NEXX President, reporting to CK Lim, Vice President/Deputy CEO, Back-End Equipment Segment.

    About ASM Pacific Technology Limited
    As a global technology and market leader, ASMPT (HKEX stock code: 0522), develops and provides leading edge solutions and materials for the semiconductor assembly and packaging industries. Its surface mount technology solutions are deployed in a wide range of end-user markets including electronics, mobile communications, automotive, industrial, LED and alternative energy. The company's continuous investments in research and development help to provide its customers with innovative and cost-efficient solutions and systems that enable them to achieve higher productivity, greater reliability and enhanced quality.

    Listed on the Hong Kong Stock Exchange since 1989, ASMPT is currently one of the constituent stocks on the Hang Seng Composite MidCap Index under the Hang Seng Composite Size Indexes, the Hang Seng Composite Information Technology Industry Index under Hang Seng Composite Industry Indexes, the Hang Seng Hong Kong 35 Index and the Hang Seng Global Composite Index. To learn more about ASMPT, please visit its website at www.asmpacific.com.

    For further information, please contact:

    Sally Chew
    Director, Corporate Communications
    Office: +65 6752 6311
    Mobile: +65 98392641
    Email: sally.chew@asmpt.com


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

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    Plant completion drawing
    TOKYO, Oct 2, 2018 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that it has taken a final investment decision (FID) on LNG Canada, a major liquefied natural gas (LNG) project in Kitimat, British Columbia, Canada. The project is being developed as a joint venture with Shell, PETRONAS, PetroChina and KOGAS.

    LNG Canada respresents one of the most significant energy investment projects in Canadian history. With it's geographical advantage in terms of relative proximity to Asia, this project will be launched through partnerships that incorporate the major LNG consuming countries in Asia. MC's role will be to provide customers in Asia, mainly in Japan, with a new stable supply source of LNG based on abundant natural gas in Canada.

    With the shift to a low-carbon society, global demand for natural gas as a major energy source suitable for coexistence with renewable energy and with relatively low environmental impact, is expected to grow steadily, mainly in Asia. Meanwhile, the global LNG market is likely to experience a tightening of supply in the early 2020s due to an increase in the number of LNG consuming countries.

    In light of these circumstances, LNG Canada plans to construct a natural gas liquefaction plant at Kitimat. The project will have a combined capacity of 14 million tons per annum (mtpa) and two processing units, with operations slated to commence in the mid-2020s. The total estimated development cost of the plant is about US$14 billion, with MC being responsible for a working interest of 15% of the total cost, and an offtake of over 2.1 million tons of LNG annually.

    Under support from the Japanese government through Japan Oil, Gas and Metals National Corporation (JOGMEC), MC is also seeking to build a consistent natural gas value chain from upstream to midstream in Canada by supplying feed gas from the Montney project being developed by MC in British Columbia through participation in Cutbank Ridge Partnership.

    MC has been in the LNG business for about 50 years, with experience developing business in Southeast Asia, Australia, Russia, USA and the Middle East. The launch of this project not only allows the company to help expand employment opportunities and economic development in Western Canada, but it is also an opportunity to help make inroads in the development of the LNG business, which has low environmental impact, while at the same time helping to provide a stable supply of energy. This is consistent with MC's aim of simultaneously generating economic, societal and environmental value.

    About Mitsubishi Corporation

    Mitsubishi Corporation, headquartered in Tokyo, is a global integrated business enterprise that develops and operates business across virtually every industry including industrial finance, energy, metals, machinery, chemicals, foods, and environmental business. Mitsubishi Corporation's current activities are expanding far beyond its traditional trading operations as its diverse business ranges from natural resources development to investment in retail business, infrastructure, financial products and manufacturing of industrial goods. For more information on Mitsubishi Corporation, please visit the company's website at 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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    Continues taking a human-centered approach to the joy of driving; contributing to the earth, society and people

    HIROSHIMA, Japan, Oct 2, 2018 - (JCN Newswire) - Mazda Motor Corporation has announced electrification and connectivity strategies that build on the company's human-centered development philosophy, aiming to further advance the joy of driving, provide both drivers and passengers with peace of mind through an enhanced sense of connection with the car in everyday driving situations, and offer an emotionally enriching joy of life through car ownership. The strategies are based on Mazda's long-term vision for technology development, "Sustainable Zoom-Zoom 2030," which makes it the company's mission to preserve the beauty of the earth and enrich society and individual lives and seek solutions in the areas of people, society and the earth.

    The electrification and connectivity technologies outlined below will further enhance the inherent value of the automobile.

    Electrification Technologies

    Mazda will strive to reduce carbon dioxide emissions and enhance the joy of driving by deploying compact, lightweight electrification technologies while further refining the internal combustion engine, which is forecast to be equipped in the majority of new cars for many years to come. The company will introduce electric vehicles as the optimal solution in regions that generate a high ratio of electricity from clean energy sources or restrict certain vehicle types to reduce air pollution.

    - With a view to achieving a 90-percent reduction versus 2010 levels in its corporate average "well-to-wheel" carbon dioxide emissions by 2050, Mazda will deploy some form of electrification in all production vehicles by 2030.
    - By 2030, Mazda expects that internal combustion engines combined with some form of electrification will account for 95 percent of the vehicles it produces and battery electric vehicles will account for 5 percent.
    - In-house development of electric vehicles will leverage the advantages of electric drive systems and be guided by Mazda's unique human-centered development philosophy that focuses on human traits and sensibilities.
    - Mazda will develop two battery electric vehicles, one powered solely by battery and another that pairs a battery with a newly developed range extender powered by Mazda's small, lightweight and exceptionally quiet rotary engine. The range extender will recharge the battery when necessary to effectively increase the vehicle's driving range.
    - The concept behind the rotary-powered range extender was to leverage the rotary engine's small size and high power output to make multiple electrification technology solutions possible via a shared packaging layout.
    - Taking advantage of the rotary engine's compatibility with gaseous fuels, the rotary-powered range extender is designed to also burn liquefied petroleum gas and provide a source of electricity in emergencies.

    Connectivity Technologies

    In line with its human-centered development philosophy, Mazda will develop connectivity technologies that offer an enriching experience of the joy of life, connecting people by facilitating the sharing of experiences and feelings through cars. By offering this new value together with the joy of driving, Mazda aims to inspire people and enrich society.

    - Contribute to the resolution of social issues, such as the weakening of interpersonal connections that has accompanied changes in society, by connecting people and society through connectivity technologies.
    - Link connectivity with model-based development and reflect the results in future product development, improving quality and customer satisfaction.
    - Leverage the alliance with Toyota Motor Corporation in the development of connectivity technologies.

    "They say that the automotive industry is undergoing a once-in-a-century transformation. At Mazda, we see this as an opportunity to create a new car culture," said Akira Marumoto, Mazda's Representative Director, President and CEO. "New trends and technologies in connectivity, autonomy, sharing and electrification offer new possibilities for creating ever more attractive cars. Using new technologies based on our unique human-centered development philosophy, Mazda will, in the spirit of 'Never Stop Challenging,' continue to pursue the joy of driving and work to create an emotional connection with customers that rivals the strongest brands in the world."

    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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    Researchers in Malaysia have shown that the plant Cosmos caudatus Kunth, a common herb known as Ulam raja, contains chemicals that can lower blood glucose levels. (Credit: Dr. Khozirah Shaari/UPM)
    Researchers identify the chemical constituents in C. caudatus extract using Liquid Chromatography Mass Spectrometry (LCMS). (Credit: Dr. Khozirah Shaari/UPM)
    Chemical analysis of the plant Cosmos caudatus Kunth reveals that it contains substances that can lower blood sugar naturally.

    Selangor, Malaysia, Oct 2, 2018 - (ACN Newswire) - Researchers in Malaysia have shown that the plant Cosmos caudatus Kunth contains chemicals that can lower blood glucose levels. These plant-based substances could be investigated further as potential therapeutic agents to help manage high blood sugar in diabetes, a disease that affects 422 million people worldwide.

    Diabetes takes several forms, but is commonly characterized by the body's inability to properly produce or respond to the hormone insulin, which leads to elevated glucose levels in the bloodstream. Controlling blood glucose is crucial because elevated sugar levels can damage the heart, eyes, nerves, blood vessels, and kidneys.

    Cosmos caudatus, known as Ulam raja ("King's Salad") in Malaysia, is an important herb commonly consumed as a raw vegetable that is well-known for its health benefits. It is found in Southeast Asia, particularly Indonesia and Malaysia. Cosmos caudatus has long been used in traditional medicines to help treat high blood pressure, arthritis, fever and diabetes.

    To see what might be behind these reported benefits, researchers from Universiti Putra Malaysia (UPM) and International Islamic University Malaysia characterised the chemical profile of C. caudatus leaves. They created an extract from dried, ground leaves of the plant using an organic solvent, and then analysed the chemical constituents present in the extract. They showed that C. caudatus is rich in chemicals known as flavonoid glycosides, which can reduce blood glucose levels by inhibiting alpha-glucosidase, an intestinal enzyme involved in glucose uptake in the gut. Further analysis is required to quantify exact amounts of flavonoid glycosides present and compare to other sources.

    The researchers also performed a biochemical test to assess the antioxidant potential of the flavonoid glycosides in C. caudatus. This is relevant to treating diabetes because the disease can lead to cellular damage caused by increased production of reactive oxygen species. They found that the flavonoid glycosides showed "very good" free radical scavenging activity -- one of the more potent extracts inhibited up to 84.5% of free radical activity in a test tube.

    The results, published in the Pertanika Journal of Tropical Agricultural Science, indicate that C. caudatus leaves are a rich source of bioactive compounds, and could be further investigated for development into a botanical nutraceutical product for diabetes and blood sugar management. Further research will be required to determine to what extent the plant's bioactive compounds could lower blood glucose and reduce free radicals in people with diabetes, as well as any potential side effects.

    "We hope to next carry out an animal study to validate the pharmacological effect of the plant extract and further understand its mechanism of action," says Khozirah Shaari, chemistry professor at Universiti Putra Malaysia.

    For more information about this research, please contact:

    Prof. Dr. Khozirah Shaari
    Laboratory of Natural Products
    Institute of Bioscience
    Universiti Putra Malaysia
    43400 UPM, Serdang
    Selangor Darul Ehsan, Malaysia
    Email: khozirah@upm.edu.my
    Phone: +603 8946 8081

    About Pertanika Journal of Tropical Agricultural Science (JTAS)

    Pertanika Journal of Tropical Agricultural Science (JTAS) is published by Universiti Putra Malaysia in English and is open to authors around the world regardless of nationality. Beginning 2012, it would be published four times a year in February, May, August and November. Other Pertanika series include Pertanika Journal of Science & Technology (JST), and Pertanika Journal of Social Sciences & Humanities (JSSH).

    JTAS aims to provide a forum for high quality research related to tropical agricultural research. Areas relevant to the scope of the journal include: agricultural biotechnology, biochemistry, biology, ecology, fisheries, forestry, food sciences, entomology, genetics, microbiology, pathology and management, physiology, plant and animal sciences, production of plants and animals of economic importance, and veterinary medicine. The journal publishes original academic articles dealing with research on issues of worldwide relevance. Website: http://www.pertanika.upm.edu.my/

    The paper is available from this link: https://bit.ly/2Nly0nm

    For more information about the journal, contact:

    The Chief Executive Editor (UPM Journals)
    Pertanika Journal
    Office of the Deputy Vice Chancellor (R&I)
    Tower II, UPM-MDTC, Putra Science Park
    Universiti Putra Malaysia
    43400 Serdang, Selangor Darul Ehsan
    MALAYSIA
    Phone: +603 8947 1622
    Email: executive_editor.pertanika@upm.my

    Distributed for Pertanika Journal by ResearchSEA.

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

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    Integration with ChannelAdvisor platform enables DHL customers to access marketplaces and a global logistics network seamlessly

    BONN, GERMANY, Oct 2, 2018 - (ACN Newswire) - DHL eCommerce, a division of the world's leading logistics company Deutsche Post DHL Group (DPDHL), announced today a strategic alliance with ChannelAdvisor, a leading provider of cloud-based e-commerce solutions. Through the partnership, brands and retailers can easily expand internationally by reaching foreign markets and delivering to customers around the world, with seamless connection to DHL eCommerce fulfillment and shipping.

    "We're excited about this strategic alliance between DHL and ChannelAdvisor, which brings together two industry-leading companies to power the e-commerce opportunity for brands and retailers across the globe," says Charles Brewer, CEO, DHL eCommerce. "By leveraging technology platforms, retailers and brands can accelerate their cross border e-commerce strategy by easily expanding to new regions and selling to anyone, anywhere. This is made even easier with a global e-commerce logistics partner like DHL to ensure a seamless order fulfillment and shipping process."

    ChannelAdvisor enables retailers and brands to sell on marketplaces and improve their online performance by optimizing their operations. With a single product data feed, retailers and brands can sync with over 107 marketplaces. As orders and performance information flow back to the system, results are analysed and broken down to enable retailers/brands to optimize their e-commerce strategies.

    As a strategic partner, DHL eCommerce will bring their expertise in e-commerce logistics and access to a global fulfillment network for customers on the ChannelAdvisor platform. Customers can utilize the network of shared-use facilities at transactional prices to enable high-quality e-commerce order fulfillment with best-in-class operations and multiple shipping options.

    "ChannelAdvisor's strategic alliance with DHL eCommerce gives us the opportunity to work with one of the largest global logistics providers," says Paul Colucci, Vice President, Global Business Development, ChannelAdvisor. "By combining ChannelAdvisor's industry-leading e-commerce platform with DHL's leading logistics capabilities, DHL eCommerce customers will be able to reach new consumers on marketplaces, while continuing to offer the best-in-class fulfillment and shipping they expect. It's essential that brands and retailers diversify their digital and multi-channel strategies to succeed in today's evolving industry, and we are honored to be selected by DHL eCommerce to help its customers accelerate their sales strategies and meet demands."

    Partnering up with ChannelAdvisor emphasizes Deutsche Post DHL Group's objective to be the leading global provider in e-commerce logistics. DHL eCommerce is part of Deutsche Post DHL Group, established in 2014 as part of the Group's growing focus in e-commerce logistics solutions. Along with its sister divisions DHL Express, DHL Supply Chain and DHL Global Forwarding, the Group offers end-to-end solutions for e-commerce retailers.

    For DHL's eCommerce integration channels, see: https://bit.ly/2RgwcyV
    For more information, visit: https://www.logistics.dhl/us-en/home.html
    On the Internet, follow: http://www.dhl.com/en/press.html
    Follow DHL at: www.twitter.com/DeutschePostDHL

    DHL: The logistics company for the world
    DHL is the leading global brand in the logistics industry. Our DHL family of divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 360,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, energy, automotive and retail, a proven commitment to corporate responsibility and an unrivalled presence in developing markets, DHL is decisively positioned as "The logistics company for the world". DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 60 billion euros in 2017.

    About ChannelAdvisor
    ChannelAdvisor (NYSE: ECOM) is a leading e-commerce cloud platform whose mission is to connect and optimize the world's commerce. For nearly two decades, ChannelAdvisor has helped retailers and brands worldwide improve their online performance by expanding sales channels, connecting with consumers around the world, optimizing their operations for peak performance and providing actionable analytics to improve competitiveness. Thousands of customers depend on ChannelAdvisor to securely power their sales and optimize fulfillment on channels such as Amazon, eBay, Google, Facebook, Walmart and hundreds more. For more information, visit www.channeladvisor.com.

    Media Contact:
    Deutsche Post DHL Group
    Media Relations
    Alexander Edenhofer
    Phone: +49 228 182-9944
    E-mail: pressestelle@dpdhl.com

    Media Contact:
    ChannelAdvisor
    Caroline Riddle
    ChannelAdvisor
    Phone: +1 919 439 8026
    E-mail: Caroline.Riddle@channeladvisor.com


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

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    PLANO, Texas, Oct 2, 2018 - (ACN Newswire) - Just in time for the holiday shopping season, JCPenney (NYSE: JCP) is unveiling its newest private brand, Peyton and Parker. Designed to help moms create effortless, yet put together, style for the family and home, Peyton and Parker offers a curated collection inspired by Instagram moments and the beautiful aesthetic created by every day, stylish moms. Peyton and Parker will be available seasonally in limited-edition capsule collections, beginning with a holiday line featuring coordinating family apparel, accessories and shoes, as well as home decor. Customers can find Peyton and Parker holiday styles in nearly 400 JCPenney stores and at JCPenney.com beginning Oct. 19.

    "We were inspired to create a line that made it easy for mom to dress her family and decorate her home, creating a picture-perfect moment for all of her social media channels. Peyton and Parker is the Company's first cross-divisional private brand in many years and was created by our incredibly talented product development and design team who saw a void in our assortment for a family lifestyle brand," said Val Harris, senior vice president of product development and design for JCPenney. "The holidays are a critical shopping period and by introducing new brands, such as Peyton and Parker, we will drive traffic and invite new and loyal customers to discover what JCPenney has to offer this season."

    The introductory capsule collection from Peyton and Parker features apparel and accessories for the family boasting cozy plaids, buffalo checks, rose gold sequins, glitter, navy stripes, ivory cable knits and denim - all designed to mix and match. Mom can outfit her family, and her home, in Instagram-worthy styles at a great value. Sale prices for accessory and apparel items range from $8.40 for a girls' glitter crown headband to $30.80 for a women's plaid peplum top and $35 for a men's puffer vest, while home decor items start at $11 for a cable-knit stocking. Peyton and Parker will be prominently displayed next to the women's department so she can find coordinating looks for her family and home in one easy shop.

    "Every family has a story to tell through photos and we created Peyton and Parker to give mom a fresh style perspective when sharing her family's lives on social media via fashionable squares. We are working with a targeted list of savvy mom influencers on Instagram who have an eye for tradition, photography and fashion to unveil this whimsical brand in a natural, organic way," added Harris.

    In addition to an influencer campaign, Peyton and Parker will be promoted via the Company's email, social and digital marketing channels. JCPenney Rewards members will receive a special sneak peek of the full Peyton and Parker collection at JCPenney.com on Oct. 16-17, along with a coupon for 50 percent off a one-time purchase of the product during these preview days.

    The download the news release and access lifestyle marketing images, please visit: https://bit.ly/2P4NzBs

    For Peyton and Parker product images, please visit the look book:
    https://www.jcpnewsroom.com/lookbooks-holiday2018-peytonparker.php

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

    About JCPenney:
    J. C. Penney Company, Inc. (NYSE: JCP), one of the nation's largest apparel and home retailers, combines an expansive footprint of over 860 stores across the United States and Puerto Rico with a powerful e-commerce site, jcp.com, to deliver style and value for all hard-working American families. At every touchpoint, customers will discover stylish merchandise at incredible value from an extensive portfolio of private, exclusive and national brands. Reinforcing this shopping experience is the customer service and warrior spirit of approximately 98,000 associates across the globe, all driving toward the Company's mission to help customers find what they love for less time, money and effort. For additional information, please visit jcp.com.

    ###

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

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

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    SINGAPORE, Oct 3, 2018 - (JCN Newswire) - Hitachi, Ltd. (TSE:6501) announced today that "Global Women's Summit 2018" was held in the Republic of Singapore on October 2. This global event was held to encourage female employees of the Hitachi Group to gain a deeper awareness of leadership and career planning, and to increase their motivation through networking.

    This event - the third of its kind following earlier renditions held in the United Kingdom in FY2016 and in United States of America in FY2017 - was held in Asia for the first time, and was attended by approximately 160 female employees from 17 countries and region, in positions ranging from junior staff to managerial representatives. The event aims to achieve the following objectives for the participants: (1) Inspire by illustrating senior management's commitment to gender diversity and by sharing the success stories of high achieving female leaders; (2) Empower to nurture personal leadership at each workplace; and (3) Build a network with peers from more than 50 Hitachi Group companies around the world to share lessons learnt and motivate one another.

    The programme provided the participants with new discoveries and learnings through panel discussions featuring Hitachi Group's female leaders representing various regions, and workshops where participants engaged in discussions with outside experts. Ms. Goh Swee Chen, Chairman of Shell Companies in Singapore, graced the event as keynote speaker and shared her experiences, including the path she took in building her career. There was an active exchange of opinions among the participants and Hitachi's senior executives including Toshiaki Higashihara, president and CEO, Hidenobu Nakahata, senior vice president and CHRO(1), and Cynthia Carroll, outside director of Hitachi.

    Hitachi has positioned diversity management as an important management strategy, and is promoting this throughout the Hitachi Group worldwide, backed by strong commitment from senior management.

    As part of Hitachi's pursuit to resolve the diverse and complex issues faced by customers and society, it is essential to combine talents that demonstrate diverse values and backgrounds. Hitachi has been actively co-creating workplaces that enable various employees to demonstrate their full capabilities, and building common human resource management frameworks throughout the global operation. Through these initiatives, Hitachi actively promotes gender diversity as one of its strategic themes. As part of broader efforts to reflect diverse opinions and values in its management, the company will further promote women's participation at the decision-making level, and has set a goal to achieve a 10% female ratio amongst its Executive Officers and Corporate Officers by FY2020.

    Hitachi will leverage on this event as an opportunity to further accelerate activities on diversity within the Hitachi Group worldwide. It will create workplaces that respect the unique attributes of every employee, including gender, nationality, age and values, and where all individuals are active, bringing together a wide variety of strengths. With a range of diverse talents, Hitachi will continue to promote the creation of new values and solutions to resolve the issues faced by customers and society.

    (1) Chief Human Resources Officer

    About Hitachi, Ltd.

    Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society's challenges, combining its operational technology, information technology, and products/systems. The company's consolidated revenues for fiscal 2017 (ended March 31, 2018) totaled 9,368.6 billion yen ($88.4 billion). The Hitachi Group is an innovation partner for the IoT era, and it has approximately 307,000 employees worldwide. Through collaborative creation with customers, Hitachi is deploying Social Innovation Business using digital technologies in a broad range of sectors, including Power/Energy, Industry/Distribution/Water, Urban Development, and Finance/Social Infrastructure/Healthcare. For more information on Hitachi, please visit the company's website at http://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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    Lessons from the WARC Awards 2018

    LONDON, Oct 3, 2018 - (ACN Newswire) - WARC, the global authority on advertising and media effectiveness, has today released its Effective Social Strategy Report 2018, outlining key social trends from the world's most effective marketing campaigns.

    Drawn from the winners of the Effective Social Strategy category of this year's international WARC Awards, a global case study competition designed to reward next-generation marketing effectiveness, the report identifies drivers that link the role of social strategy to business success.

    WARC's Lucy Aitken, Managing Editor, Case Studies, says: "We've been documenting the evolution of social strategy since 2014. During that time, social has changed in the media mix, from an activity designed to generate conversation, participation, sharing or advocacy to a broadcast medium for online video and, in many instances, a support medium for bigger integrated campaigns that also use TV.

    "Social is now firmly established in the media mix, though its ability to connect with communities in highly unique and memorable ways continues to make it distinct."

    Following WARC's analysis of the metadata of the entries, survey with the entrants and contributions from the esteemed judging panel, chaired by Elizabeth Windram, VP Marketing, JetBlue Airways, four key themes have been identified for an effective social strategy:

    - Human connections drive social success

    Some of the best performing campaigns saw significant sales increases by appealing to people in a human or humorous way.

    Fast-food retailer McDonald's eased exam stress for students in China, Danish supermarket Fleggaard created comic content that confronted the snobbery around border shopping, airline JetBlue nudged Americans to take vacations and OTC medication Gas-X tackled a taboo using humour.

    All four campaigns saw significant sales jumps off the back of their strategy with McDonald's in China, which won the Grand Prix, performing extremely well. According to the case study, the campaign exceeded the KPI of a 15% increase for overall sales.

    WARC's Lucy Aitken observes: "Using an accessible, gently humorous or empathetic tone is entirely appropriate for social campaigns - as the results for all these campaigns can testify."

    - Social video formats diversity

    Video is key to successful social campaigns, with more executions across more platforms, offering greater scope for iteration.

    PlayStation's Play Everything campaign used multiple video touchpoints to drive awareness and views for the campaign. Meanwhile, British telco BT created 11 different pre-roll adverts on YouTube, and French mineral water brand Hepar created ten videos based on audience's suggestions.

    Judge, Gerard Crichlow, Head of Cultural Strategy at AMV BBDO, says: "Video was an integral part of many of the best performing social campaigns at this year's WARC Awards. Effective brands are mirroring the behaviour of modern audiences, who increasingly view and engage with brands on their own terms, when and where they choose."

    - Communities of interest

    Many winning brands skillfully used social as a way to connect with particular communities.

    Unilever-owned detergent OMO in the UAE helped parents rethink their approach to child-rearing, while Durex's PR-led campaign in India enabled men to buy contraceptives more freely.

    Jury member Chris Herbert, Strategy Director at the7stars, points out: "Part of an effective social strategy is not only ensuring that campaigns anticipate what their audience will talk about, but also seamlessly becoming part of the conversation."

    He added: "While the ways we connect with each other have changed, the reasons why we connect haven't. The messages we share socially are still those which interest us, those which agree with or challenge our beliefs."

    - Built-in discoverability

    The year's Awards spawned a handful of social-by-design campaigns that demonstrated the value of a discoverable idea.

    Judge Kristen Fox, Director, Social Media & Digital Analytics, Crispin Porter + Bogusky, comments: "Discoverability is about presenting value that is relevant to a consumer, at the time and place where it is most relevant to them. It should also be presented in the most frictionless way possible."

    Addict'Aide helped drive awareness of alcoholism by convincingly mimicking an Instagram profile, while @GeoStories by The Geological Survey of Canada History Committee leveraged people's habit of posting and tagging pictures of places they visit.

    Kristen Fox added: "Even when you have media dollars to spend, it's hard to identify where you need to be. These executions used newsjacking to slingshot content and drive discoverability."

    A sample of WARC's Effective Social Strategy Report 2018 can be downloaded from https://content.warc.com/read-the-2018-effective-social-strategy-report-lessons-from-the-warc-awards. The report in full is available to WARC subscribers and includes chapter analysis with views and opinions from the judges, as well as summaries - objectives, insights, strategies, results and take-outs - of the winning case studies.

    Now in their third year, the WARC Awards 2019 will open for entries on 1 November 2018. Free to enter, there is a $40,000 prize fund for the winning papers. View on https://www.warc.com/warcawards.prize for more information.

    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, advertisers, market analysts and academics.

    WARC runs two global and two regional case study competitions: WARC Awards, WARC Media Awards, WARC Prize for Asian Strategy and WARC Prize for MENA Strategy.

    WARC publishes three global rankings of advertising excellence: Gunn 100 (creativity), WARC 100 (effectiveness), Gunn Media 100 (media innovation) and publishes leading journals including Admap, Market Leader, the Journal of Advertising Research and the International Journal of the Market Research Society. In addition to its own content, WARC features advertising case studies and best practices from more than 50 respected industry sources, including ARF, Effies, Cannes Lions, ESOMAR and IPA.

    Founded in 1985, WARC has offices in the UK, U.S. and Singapore. In June 2018 WARC was acquired by Ascential plc, the global specialist information company.

    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, Oct 3, 2018 - (JCN Newswire) - Showa Denko K.K. (SDK; TSE:4004) hereby announces that it made an early repayment of JPY 24 billion that it raised in a subordinated loan (the "Subordinated Loan") on April 3, 2014.

    1. Background and Objective of the Early Repayment

    The Subordinated Loan, with a 75% equity credit acknowledged by Japan Credit Rating Agency, Ltd., has contributed to improvement of SDK's financial strength.

    Since the financing through the Subordinated Loan, SDK has advanced structural reform and expanded its individualized businesses, resulting in stronger business foundation and higher profitability, and also achieved financial level targeted in its medium-term business plan. These accomplishments led to SDK's conclusion that it has completed the important task of enhancing its financial standing with the Subordinated Loan.

    SDK made an early repayment of the JPY 24 billion in the Subordinated Loan, with the consent of all the lenders, based on its judgment that the early repayment reduces financial costs and makes its financial strategy more flexible, which will increase shareholder value.

    2. Details of the Early Repayment

    1) Date: October 3, 2018
    2) Amount: JPY 24 billion
    3) Impact on SDK performance: SDK expects only minimal impact of the early repayment on its forecast for the consolidated business performance of the fiscal year ending December 2018.

    About Showa Denko K.K.

    Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY), a major manufacturer of chemical products, serves a wide range of fields from heavy industry to electronics and computer industries. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, and the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory and graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high-bright LEDs and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.

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

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

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    News facts:
    - NatWest is using Fujitsu's quantum-inspired Digital Annealer to solve highly complex financial risk problems
    - Technology helps optimize the bank's mix of high-quality liquid assets by comparing countless portfolio permutations - a traditionally manual task that is time-consuming and limited to few permutations
    - Fujitsu's Digital Annealer provides a more reliable, accurate and cost-effective solution to large scale, time critical optimization challenges

    MUNICH, Oct 3, 2018 - (JCN Newswire) - Fujitsu today announces details of a ground-breaking proof of concept (PoC) project with NatWest for its quantum-inspired Digital Annealer technology. Fujitsu is helping the bank solve some of its most complex, challenging and time-consuming financial investment problems by optimizing its mix of high-quality liquid assets including bonds, cash and government securities.

    Financial institutions like NatWest face the continual challenge of creating and maintaining an optimally balanced portfolio of assets, selected from many thousands of options. Ideally, these incorporate a variety of liquid assets that deliver the maximum possible return while helping maintain risk at an acceptable level. While liquidity is of utmost importance to financial institutions, the process involved in calculating the best mix of assets is generally only undertaken infrequently. Traditionally, this is an extremely expensive and time-consuming manual task.

    The Fujitsu Digital Annealer processes this type of complex scenario and provides results orders of magnitude faster than today's traditional computers. NatWest is now implementing quantum-inspired computing power, which has enabled its technology team to complete highly-complex calculations at 300(1) times the speed of a traditional computer, with an even higher degree of accuracy.

    In addition to performance improvements, the use of Fujitsu's Digital Annealer also reduces the risk of human error. NatWest can complete a comprehensive risk assessment for its portfolio much faster, as well as gaining access to a far wider range of results and permutations, therefore helping to ensure an optimized spread and reduced risk.

    Quantum computing is considered by many to be the ultimate goal for computing sciences, but current quantum computers are limited in their capabilities. Not only are they complex, somewhat unreliable and error prone, they are also few and far between and extremely expensive to operate. Fujitsu's Digital Annealer represents the perfect bridge to true quantum computing, since it is adept at solving complex combinatorial problems accurately and reliably, and its current processing capability is constantly expanding(2) to address ever more complex problems and scenarios.

    Digital Annealer now available as a cloud service from Fujitsu and 1QBit

    The Fujitsu Digital Annealer includes software developed in collaboration with 1QBit, a leading vendor of software for quantum and quantum-inspired computing. The solution is now available as a cloud service. It is designed to adress a wide variety of problems that traditional computing struggles with solving in a realistic timeframe. Scenarios include challenges faced by companies in a range of industries, such as the search for similarities in small molecules for drug discovery, optimizing portfolios in finance, reducing production times for custom manufacturing, and optimizing the arrangement of warehoused components for factories and logistics. Fujitsu's Digital Annealer technology is also able to analyze complex data to help find new solutions to the challenges facing society at large, such as traffic congestion and planning for disaster recovery.

    Joseph Reger, Fujitsu Fellow and CTO EMEIA at Fujitsu, comments: "We designed the Digital Annealer to solve real-world combinatorial optimization problems that all industries are encountering. While quantum computing is still in its infancy, we've taken inspiration from its approach to offer our customers access to digital annealing, which is an advanced and powerful acceleration technology available today. Consequently, Fujitsu's Digital Annealer can solve laborious, complex problems in just a short time. What's more, this is just the beginning - there really is no limit to the scenarios that can be examined by digital annealing."

    Kevin Hanley, Director of Innovation from NatWest said: "We're really excited about the possibilities presented by quantum computing. Given our first application of quantum-like computing power has been so successful we think the technology could be applied to many other calculations and problems the bank faces on a daily basis. In the long run, quantum-inspired computing could completely change the way banks operate, making them much more efficient and cheaper to run, which in turn would mean customer's benefit from better deals and improved service."

    (1) This figure is based on optimizing a an HQLA portfolio using both traditional techniques on a conventional cloud service and the Digital Annealer
    (2) Fujitsu plans to expand the full-scale links in the Digital Annealer from the current 1,024 bits to 8,192 bits, while increasing the precision from 16 bits to up to 64 bits. This will be achieved by developing a dedicated Digital Annealing processor, the Digital Annealing Unit (DAU), using Fujitsu's processor development technology and the latest cutting-edge CMOS technology. This will enable Fujitsu to develop applications to tackle ever-larger-scale problems.

    About Fujitsu EMEIA

    Fujitsu promotes a Human Centric Intelligent Society, in which innovation is driven by the integration of people, information and infrastructure. In the Europe, Middle East, India and Africa region (EMEIA), our 27,000-strong workforce is committed to Digital Co-creation, blending business expertise with digital technology and creating new value with ecosystem partners and customers. We enable our customers to digitally transform with connected technology services, focused on Artificial Intelligence, the Internet of Things, and Cloud - all underpinned by Security. For more information, please visit http://www.fujitsu.com/fts/about/.

    About Fujitsu Ltd

    Fujitsu is the leading Japanese information and communication technology (ICT) company, offering a full range of technology products, solutions, and services. Approximately 140,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE: 6702) reported consolidated revenues of 4.1 trillion yen (US $39 billion) for the fiscal year ended March 31, 2018. For more information, please see http://www.fujitsu.com.

    * Please see this press release: http://www.fujitsu.com/global/about/resources/news/press-releases/

    Contact:
    Fujitsu Technology Solutions E-mail: public.relations@ts.fujitsu.com Fujitsu Limited Public and Investor Relations Tel: +81-3-3215-5259 URL: www.fujitsu.com/global/news/contacts/

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

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    Hong Kong Trade Development Council Deputy Executive Director Raymond Yip says "Think Global, Think Hong Kong", the largest promotion launched by the HKTDC in Tokyo, will promote the advantages of Hong Kong's services sector. He is speaking in Tokyo at a press conference on the event, which takes place in the Japanese capital on 1 November.
    Speakers at the press conference (L-R): Masahiro Ito, Director, Tokyo, HKTDC; Shinichi Murai, Executive Director, SMRJ; Raymond Yip, Deputy Executive Director, HKTDC; Osamu Mizui, Executive Vice President, JETRO; and Silas Chu, Director, Japan, HKTDC
    "Think Global, Think Hong Kong" is returning to Japan six years after its successful inaugural edition in 2012 (pictured)
    High Level Hong Kong Business Promotion Campaign in Japan

    HONG KONG, Oct 3, 2018 - (ACN Newswire) - The largest business promotion of Hong Kong in Japan, "Think Global, Think Hong Kong", is returning to Tokyo after its successful debut in 2012. To be held on 1 November, the mega promotion is organised by the Hong Kong Trade Development Council (HKTDC), a statutory body that creates opportunities for Hong Kong businesses and connects them with partners all around the world. Co-organisers include the Japan External Trade Organization (JETRO), the Organization for Small and Medium Enterprises and Regional Innovation Japan (SMRJ), KEIDANREN, the Japan Chamber of Commerce and Industry (JCCI), the Tokyo Chamber of Commerce and Industry (TCCI) and Keizai Doyukai.

    Raymond Yip, Deputy Executive Director of HKTDC, announced the event at a press conference in Tokyo today. Senior representatives from co-organisers and supporting organisations attended to show their support and share their insights on Japan-Hong Kong business collaboration. More than 2,500 business leaders and government officials from Japan and Hong Kong are expected to participate in "Think Global, Think Hong Kong" 2018, the key business programme of Hong Kong Week in Japan comprising a main symposium, seven thematic sessions, business matching sessions, networking events and a gala dinner.

    Event Overview
    Date: 1 Nov 2018 (Thursday)
    Time: 08:30-16:15
    Location: Hotel New Otani Tokyo
    Access/Map: https://www.newotani.co.jp/en/tokyo/access/
    Admission: Free (English/Japanese simultaneous interpretation provided)
    Official website: http://www.thinkglobalthinkhk.com

    High-level Business Symposium on Variety of Industries

    With the Hong Kong Special Administrative Region (HKSAR) Government attaching great importance to the "Think Global, Think Hong Kong" campaign, HKSAR Chief Executive Carrie Lam will give a keynote speech at the event's opening session as a highlight of her first official visit to Japan in her current capacity. At the main symposium, renowned business leaders from Hong Kong and Japan will examine Hong Kong's advantages as an international business hub and how Japanese companies can use Hong Kong as a springboard to expand into overseas markets.

    At the thematic sessions, experts and elites from different sectors will address a variety of topics including finance and investment, opportunities in the Chinese mainland and Association of Southeast Asian Nations (ASEAN) markets, technology and living, smart city, healthy ageing, design and creative industries, as well as legal risk management in deal making. All these are possible areas for further Japan-Hong Kong collaboration.

    Japan's Needs and Hong Kong Advantages a Perfect Match: Survey

    In conjunction with "Think Global, Think Hong Kong", the HKTDC recently conducted a survey to find out why some Japanese companies - especially small- and medium-sized enterprises - hesitate to reach out to overseas markets, and their perceptions of Hong Kong services providers as business partners. Nearly 300 Japanese firms were polled.

    More than 70% of respondents reported insufficient knowledge of overseas markets as their major concern when expanding overseas. Lack of funding or financial resources (62%) and trade barriers such as tariffs and import licenses (44%) were also found to be concerns for Japanese businesses.

    "Hong Kong has been ranked among the top performers globally in 'international experience'. The city is gathering top-tier talents in finance, science and technology, creative industries and legal sectors from around the world. Our services providers enjoy a strong global network and can work out complementary development and win-win collaboration strategies with Japanese businesses," said Mr Yip.

    The survey also shows the key advantages of Hong Kong that are recognised by Japan's business community, such as English-Chinese bilingualism, the "one country, two systems" principle, well-developed infrastructure and a free trade and investment policy. As a professional services platform, Hong Kong also received a high rating on English proficiency, access to international financial and commercial markets and tax regime. Most respondents agreed Hong Kong has a good geographical location, is easy to do business with and has a strong institutional structure as a regional business hub.

    "While more than 40% of respondents would like to increase the use of Hong Kong as a platform for international business because of the Hong Kong-ASEAN Free Trade Agreement, their awareness of the Belt and Road Initiative (BRI) advocated by the mainland government and the Guangzhou-Hong Kong-Macau Bay Area Development has to be expanded," said Mr Yip.

    Business Missions to Explore Opportunities in Japan

    Coinciding with "Think Global, Think Hong Kong", the HKTDC will lead several business missions from Hong Kong to Japan, covering finance and investment, design and creative industries, technology, professional services and the food industry, with about 200 delegates expected. They will participate in the business matching sessions held during "Think Global, Think Hong Kong". One-to-one meetings will be set up for Hong Kong and Japanese firms with mutual interests and similar business directions to explore collaboration opportunities.

    "Think Global, Think Hong Kong" will also feature the InnoVenture Salon, a mini-exhibition gathering 15 high-potential start-ups, including those from the Hong Kong Cyberport, Hong Kong Science and Technology Parks (HKSTP) and the HKTDC's "Start-up Express" programme. They will showcase their innovative business ideas and entrepreneurship. The Hong Kong Private Equity and Venture Capital Association, Cyberport and HKSTP will offer mentoring services on-site to attract more Japanese start-ups to come to Hong Kong.

    Hong Kong Dinner in Tokyo

    Wrapping up "Think Global, Think Hong Kong" will be a high-level Hong Kong Dinner at the Happo-en. More than 400 business and government leaders from Hong Kong and Japan are expected to attend.

    For more information about "Think Global, Think Hong Kong" and registration details, please visit: http://www.thinkglobalthinkhk.com
    HKTDC English website: http://www.hktdc.com
    HKTDC Japanese website: http://www.hktdc.com/japan
    Photo Download: https://bit.ly/2NjCRFg

    About HKTDC

    The Hong Kong Trade Development Council (HKTDC) is the dedicated to creating opportunities for Hong Kong's businesses. With more than 40 offices globally, including 13 on the Chinese mainland, HKTDC promotes Hong Kong as a platform for doing business with China, Asia and the world. HKTDC organises international exhibitions, conferences and business missions to provide companies, particularly SMEs, with business opportunities on the mainland and in international markets, while providing business insights and information via trade publications, research reports and digital channels including the media room. Please visit www.hktdc.com/aboutus or follow us on Google+, Twitter@hktdc, LinkedIn.

    Contact:
    (Hong Kong) Billy Ng, Tel: +852 2584 4393, Email: billy.km.ng@hktdc.org (Japan) Satoshi Yoneoka, Tel: +81-3-5210-5854, Email: satoshi.yoneoka@hktdc.org

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

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    First NBT(R) system for applications in depression already installed in Hong Kong

    Helsinki, Finland, Oct 3, 2018 - (ACN Newswire) - Nexstim Plc (NXTMH:HEX, NXTMS:STO), the targeted neuromodulation company developing and marketing pioneering navigated personalised, non-invasive brain stimulation systems for the treatment of Major Depression Disorder (MDD), announces it has signed an agreement with Ampere Medical Limited, a specialist neuromodulation distributor based in Hong Kong.

    Dr. Frank Zhu, founder and CEO of Ampere Medical, said: "Hong Kong has a population of 7.4 million people and according to the results of the latest Hong Kong Mental Morbidity Survey (HKMMS)*, approximately 2.9% of the population may experience a depressive episode. We are pleased to have become the distributor for Nexstim's NBT(R) and NBS(R) systems, which are based on a unique transcranial magnetic stimulation (TMS) technology. Nexstim is the only company that provides electric-field navigated TMS, the accuracy of which has already been validated in the most clinically-demanding application (i.e. presurgical brain mapping). Based on our due diligence and experience to-date, we believe Nexstim's system has great potential for therapeutic and diagnostic applications in Hong Kong and in Macau and in time in Mainland China."

    Ampere Medical Limited has already received its first order for an NBT(R) system which has now been installed in a TMS Centre under the Smile and Face Medical Group in Hong Kong.

    Dr. Sam Ng, director of Smile and Face Medical Group, commented: "We are delighted to start treating patients with Nexstim's navigated TMS therapy in our clinic. In Hong Kong depression is commonly treated with pharmaceuticals - there is, however, significant demand for a non-drug treatment option among patients."

    Dr. Sam Ng continued: "Our decision to adopt Nexstim's SmartFocus(TM) TMS System was taken after a lot of thought and assessment of other TMS systems. We believe we can deliver better outcomes for our patients using SmartFocus(TM) TMS as its navigation allows us to give personalised, consistent, accurate stimulation to the area of the brain needed to treat depression."

    Nexstim's SmartFocus(TM) TMS System is highly differentiated from other currently available TMS products due to its unique and highly sophisticated 3D navigation that uses its proprietary E-field algorithm to visualize the exact location, orientation and magnitude of the stimulation.

    Nexstim's NBT(R) system is FDA-cleared for treatment of MDD and is CE marked in Europe for the treatment of major depression and chronic neuropathic pain. In Hong Kong no separate registration process is needed. The system would need to undergo a further regulatory approval process to gain access to the Mainland China market.

    Martin Jamieson, Chairman and CEO of Nexstim Plc, said: "We are very happy to partner with Ampere Medical who bring long standing relationships with neuromodulation specialists in Hong Kong. They were very impressed with the unique navigational capability of our NBT(R) and NBS systems, which allows the personalised treatment of each patient. This clearly differentiates our SmartFocus(TM) TMS System from other TMS approaches currently on the market. Ampere Medical's confidence in Nexstim's TMS system has already resulted in them fulfilling their first customer order in Hong Kong. We believe the success in Hong Kong could in time provide a stepping stone to us signing further distribution deals to gain access to the Mainland China market as well as other markets in Asia."

    * Lam, L. C.-W., Wong, C. S.-M., Wang, M.-J., Chan, W.-C., Chen, E. Y.-H., Ng, R. M.-K., ... Bebbington, P. (2015). Prevalence, psychosocial correlates and service utilization of depressive and anxiety disorders in Hong Kong: the Hong Kong Mental Morbidity Survey (HKMMS). Social Psychiatry and Psychiatric Epidemiology, 50(9), 1379-1388. doi:10.1007/s00127-015-1014-5

    Further information is available on the website www.nexstim.com or by contacting:

    Nexstim
    Martin Jamieson, Chairman and CEO
    +44 771 516 3942
    martin.jamieson@nexstim.com

    Citigate Dewe Rogerson
    David Dible/ Shabnam Bashir/ Sylvie Berrebi
    +44 (0)207 2822949
    nexstim@citigatedewerogerson.com

    www.amperemedical.com.hk
    www.smile-n-face.com

    About Nexstim Plc

    Nexstim is a medical technology company focused on the development and commercialization of its world-leading SmartFocus(TM) TMS technology, a non-invasive brain stimulation system for the treatment of Major Depressive Disorder (MDD). The Company's proprietary Navigated Brain Therapy (NBT(R)) system, a highly sophisticated 3D navigation, is the only personalised, navigated transcranial magnetic stimulation (TMS) approach providing accurate targeting of the TMS to the specific area of the brain associated with MDD.

    Nexstim's NBT(R) system has been launched in the US for the treatment of MDD following clearance from the FDA for marketing and commercial distribution for this indication. The NBT(R) system is CE marked in Europe for the treatment of major depression and chronic neuropathic pain.

    In addition, Nexstim is commercialising its Navigated Brain Stimulation (NBS) system for diagnostic applications, based on the same technology. The NBS system is the only FDA cleared and CE marked navigated TMS system for pre-surgical mapping of the speech and motor cortices of the brain. Nexstim shares are listed on the Nasdaq First North Finland and Nasdaq First North Sweden.

    For more information please visit www.nexstim.com.

    Nexstim Plc Launches Presence in Asia with Distribution Agreement:
    http://hugin.info/138152/R/2219069/867895.pdf

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

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