Thursday, November 30, 2023

MSCI Appoints Jana Haines as Head of Index

 (BUSINESS WIRE)--MSCI Inc. (NYSE: MSCI), a leading provider of mission-critical decision support tools and services for the global investment community, today announced that Jana Haines has joined the firm as Head of Index and as a member of MSCI’s Executive Committee.


Based in New York, Ms. Haines will be responsible for the strategic development and execution of MSCI’s global Index product line. She will partner with senior leaders across the firm to manage the Index product development process. Ms. Haines will aim to drive innovation across index categories, including market cap, sustainability, climate, factors, thematics and asset classes, such as fixed income and private assets.


"As a longtime business leader, Jana has a proven track record of strategic thinking and a unique understanding of the value of MSCI’s indexes to investors,” said Baer Pettit, President and Chief Operating Officer of MSCI. “Jana’s extensive expertise in the global financial industry will be critical to MSCI building an even deeper understanding of our clients’ evolving needs for indexes that help them build better portfolios and develop investable financial products.”


Ms. Haines held a variety of senior leadership roles at MSCI from 2006 to 2021. Most recently, she served as Head of Index Product for Americas and EMEA, and Global Head of Fixed Income Indexes. Earlier in her tenure at MSCI, she held various roles within the Client Coverage team.


Since 2021, Ms. Haines was the Chief Strategy Officer of ARK Investments, where she worked alongside CEO Cathie Wood. She was instrumental in ARK’s transition to a scalable business and expanding the firm’s global partnerships.


Before she joined MSCI in 2006, Ms. Haines garnered diverse experience in financial markets at HypoVereinsbank and Richie Capital. She also co-founded the Private Equity Group in Prague. Ms. Haines holds an MBA from the University of Chicago Booth School of Business.


“I am deeply excited to rejoin MSCI at this time of tremendous innovation and expansion of the investment community’s needs and uses for indexes,” said Ms. Haines. “From diversification to decarbonization goals, investors need differentiated, high-quality data and timely insights to confidently drive outcomes in an ever-changing world. MSCI is uniquely well-placed to serve these needs of investors through the creation and management of best-in-class indexes, and I am looking forward to leading the next phase of innovation at MSCI to help our clients make better investment decisions.”


About MSCI Inc.


MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data, and technology, we power better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. We create industry-leading research-enhanced solutions that clients use to gain insight into and improve transparency across the investment process. To learn more, please visit www.msci.com.


This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or performance and involve risks that may cause actual results or performance differ materially and you should not place undue reliance on them. Risks that could affect results or performance are in MSCI’s Annual Report on Form 10-K for the most recent fiscal year ended on December 31 that is filed with the SEC. MSCI does not undertake to update any forward-looking statements. No information herein constitutes investment advice or should be relied on as such. MSCI grants no right or license to use its products or services without an appropriate license. MSCI MAKES NO EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR OTHERWISE WITH RESPECT TO THE INFORMATION HEREIN AND DISCLAIMS ALL LIABILITY TO THE MAXIMUM EXTENT PERMITTED BY LAW.


 


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Contacts

 

Media Inquiries

PR@msci.com


Melanie Blanco +1 212 981 1049

Konstantinos Makrygiannis +44 (0) 7768 930056

Tina Tan +852 2844 9320


MSCI Global Client Services

EMEA Client Service + 44 20 7618.2222

Americas Client Service +1 888 588 4567 (toll free)

Asia Pacific Client Service + 852 2844 9333

Rimini ONE™ Helps MYOB Achieve System Reliability and Operational Efficiency

 Australian SaaS provider selects Rimini Street’s end-to-end IT support and managed services to streamline part of its ecosystem and improve talent retention


 


(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced MYOB, a leading SaaS provider based in Australia, has selected Rimini ONE™ to streamline and enhance the support of one of its core platforms. The decision allows MYOB’s internal development team to focus on delivering more strategic outcomes for the company.


MYOB’s Quest for a Strategic Software Support and Managed Services Partner


MYOB is a business management platform that brings together key workflows for small and medium sized enterprises, from finance and supply chain to employee and project management. Since the early nineties, MYOB has been part of the fabric of doing business in Australia and New Zealand, helping businesses start, survive, and succeed.


The company’s ecosystem relies on CRM and ERP solutions that have been fundamental to its operations for decades. MYOB conducted an extensive market scan to find a partner to support these solutions and that could truly comprehend its unique needs.


“Rimini Street was the clear choice for us. They weren’t just looking to sell us what they’ve got off the shelf. The team really wanted to understand our systems, processes, and our problems to ensure a good fit,” said Catherine Quinn, platform delivery lead at MYOB.


Stefan Vargheese, engineering manager at MYOB, echoed her sentiments: “It was not a one-size-fits-all solution. Rimini Street really took our needs and business goals into consideration. Having managed services and issue resolution in a seamless, end-to-end solution, without multiple vendors or multiple tickets, was a no-brainer for us.”


MYOB Improves Efficiency and Talent Retention with Rimini ONETM


MYOB chose Rimini ONE, an end-to-end outsourcing solution for enterprise applications, databases, and technology software, to manage its Siebel platform. This increases efficiencies, ensures seamless operations, fosters collaborative issue resolution, and enables expertly tailored solutions.


Ensuring Uninterrupted Operations

Business continuity and system uptime are paramount for MYOB as their agents and customers require uninterrupted access to their software. “Rimini Street gives us peace of mind that our core applications will be available whenever they are needed,” added Quinn.


Cultivating Collaborative Issue Resolution

Rimini Street takes a proactive approach pinpointing and remedying the root causes of issues, working closely with MYOB engineers for faster resolution.


Delivering Expertise and Custom Solutions

The Rimini Street approach provides MYOB with expertise and skillsets to tackle any scenario. “They throw themselves in, understand the problem and work out the best solution. There have been a few things that they haven’t seen before, but that absolutely hasn’t fazed them at all,” explained Quinn.


Switching to Rimini ONE opened more opportunities for MYOB and empowered the team to work more efficiently and more flexibly, as well as save costs. “Rimini ONE provides a truly one-of-a-kind solution that’s a must for modern-day organizations,” said Vargheese.


Rimini ONE eliminated the need for the team to spend time on after-hours support, resulting in increased productivity, improved work-life balance, and enhanced talent retention. Vargheese noted, “The team is more productive when they’re working on strategic, future-focused projects. The partnership is definitely paying off dividends.”


“We are pleased to work with MYOB to help them optimize their IT ecosystem and empower their development team to focus on strategic innovation,” said Craig Mackereth, executive vice president of global service delivery at Rimini Street. “This partnership underscores Rimini Street’s commitment to providing tailored, end-to-end support solutions that meet the unique needs of our clients and enable them to achieve their business objectives with confidence.”


Access additional details on how Rimini Street enables MYOB here.


Explore the full Rimini Street portfolio of ultra-responsive, trusted and proven support, managed services, security, integration, observability, professional services and Rimini ONE™ end-to-end outsourcing solutions for SAP, Oracle and Salesforce applications to support competitive advantage, profitability and growth.


About Rimini Street, Inc.


Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software and a Salesforce and AWS partner. The Company has operations globally and offers a comprehensive family of unified solutions to run, manage, support, customize, configure, connect, protect, monitor, and optimize enterprise application, database, and technology software, and enables clients to achieve better business outcomes, significantly reduce costs and reallocate resources for innovation. To date, over 5,300 Fortune 500, Fortune Global 100, midmarket, public sector, and other organizations from a broad range of industries have relied on Rimini Street as their trusted enterprise software solutions provider. To learn more, please visit riministreet.com, and connect with Rimini Street on Twitter, Instagram, Facebook and LinkedIn. (IR-RMNI)


Forward-Looking Statements


Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “anticipate,” “believe,” “continue,” “could,” “currently,” “estimate,” “expect,” “future,” “intend,” “may,” “might,” “outlook,” “plan,” “possible,” “potential,” “predict,” “project,” “seem,” “seek,” “should,” “will,” “would” or other similar words, phrases or expressions. These forward-looking statements include, but are not limited to, statements regarding our expectations of future events, future opportunities, global expansion and other growth initiatives and our investments in such initiatives. These statements are based on various assumptions and on the current expectations of management and are not predictions of actual performance, nor are these statements of historical facts. These statements are subject to a number of risks and uncertainties regarding Rimini Street’s business, and actual results may differ materially. These risks and uncertainties include, but are not limited to, adverse developments in and costs associated with defending pending litigation or any new litigation, including the disposition of pending motions to appeal and any new claims; additional expenses to be incurred in order to comply with injunctions against certain of our business practices and the impact on future period revenue and costs; changes in the business environment in which Rimini Street operates, including the impact of any recessionary economic trends and changes in foreign exchange rates, as well as general financial, economic, regulatory and political conditions affecting the industry in which we operate and the industries in which our clients operate; the evolution of the enterprise software management and support landscape and our ability to attract and retain clients and further penetrate our client base; significant competition in the software support services industry; customer adoption of our expanded portfolio of products and services and products and services we expect to introduce; our ability to sustain or achieve revenue growth or profitability, manage our cost of revenue and accurately forecast revenue; estimates of our total addressable market and expectations of client savings relative to use of other providers; variability of timing in our sales cycle; risks relating to retention rates, including our ability to accurately predict retention rates; the loss of one or more members of our management team; our ability to attract and retain qualified employees and key personnel; challenges of managing growth profitably; our need and ability to raise additional equity or debt financing on favorable terms and our ability to generate cash flows from operations to help fund increased investment in our growth; the impact of environmental, social and governance (ESG) matters; risks associated with global operations; our ability to prevent unauthorized access to our information technology systems and other cybersecurity threats, protect the confidential information of our employees and clients and comply with privacy regulations; our ability to maintain an effective system of internal control over financial reporting; our ability to maintain, protect and enhance our brand and intellectual property; changes in laws and regulations, including changes in tax laws or unfavorable outcomes of tax positions we take, or a failure by us to establish adequate tax reserves; our credit facility’s ongoing debt service obligations and financial and operational covenants on our business and related interest rate risk, including uncertainty from the transition to SOFR or other interest rate benchmarks; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the amount and timing of repurchases, if any, under our stock repurchase program and our ability to enhance stockholder value through such program; uncertainty as to the long-term value of Rimini Street’s equity securities; catastrophic events that disrupt our business or that of our clients; and those discussed under the heading “Risk Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on November 1, 2023, and as updated from time to time by Rimini Street’s future Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings by Rimini Street with the Securities and Exchange Commission. In addition, forward-looking statements provide Rimini Street’s expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street’s assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street’s assessments as of any date subsequent to the date of this communication.


© 2023 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.


 


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Contacts

Janet Ravin

VP, Global Communications

Rimini Street, Inc.

+1 702 285-3532

pr@riministreet.com


 

SwissAI Optimizes Charging Infrastructure Across Continents

 


 SwissAI Drives Profitability & Quality of Charging Infrastructure for its Partners

(BUSINESS WIRE) -- Mercedes-Benz Mobility AG has chosen SwissAI as an AI provider for network planning & site selection to create their first network. SwissAI provides its automotive partner with a cutting-edge AI-based analysis and forecasting SaaS platform - AIOME. The software accelerates location selection and charging infrastructure deployment plans, while increasing profitability for both our automotive partner and its valued customers.

This exciting partnership supports the development of a global high-power charging network. By the end of the decade, Mercedes-Benz Mobility AG plans to build approximately 2000 charging hubs and 10,000 high-power chargers across the planet - starting in China, North America and Europe. SwissAI's AIOME platform is playing an essential role in North America and Europe.

By utilizing this platform, users simulate the impacts of different scenarios without the need for their physical implementation, obtain answers to crucial questions such as location optimization and equipment rollout strategies, and ensure comprehensive network coverage. To achieve this, SwissAI takes into account the evolving charging demand and other relevant factors, such as changing technology and people’s behavior. AIOME assures a premium charging experience for the customer while choosing the most profitable network across the continent.

“SwissAI enables our customers to choose their optimized future. Where are the best locations for present and future customer demand? How will the competition and technology evolve? By harnessing artificial intelligence to respond to evolving driver needs and technological advancements, our partners can strategically select economically optimal locations that ensure customer satisfaction and profitability," Anna Gawlikowska, CEO of SwissAI, commented. “We are committed to creating value and enabling our partners to plan and implement the optimal path to electromobility.”

SwissAI AG is a top provider of Software as a Service (SaaS) for energy and mobility systems. Since its beginning in 2008, the Swiss-based company has been at the forefront of technology development, supporting multinational companies and public institutions in Europe, Japan, and the USA. SwissAI has been committed to building simulation frameworks for various sectors, including energy transition, e-mobility, logistics, real estate, retail, and smart cities. AIOME provides access to thousands of layers of anonymized data and algorithms for a comprehensive assessment of infrastructure investment and detailed daily foresight. Partners including Mercedes-Benz Mobility AG leverage SwissAI’s software to choose the most profitable and lowest risk energy and mobility strategies, and asset locations in OECD countries and Southeast Asia. With a simulation platform covering an area of over 1.6 billion people, SwissAI is at the forefront in shaping the future of energy and mobility.

 



Contacts

SwissAI AG
Michael Jankovic
pr@swissai.com
+41 41 210 11 95
www.swissai.com


Zero-emission vehicle innovator Wisdom Motor brings 12-meter Hydrogen city bus to UAE

 


Cooperation adds the UAE and GCC region to the company’s global footprint


As the world focuses on climate change in the coming weeks, Wisdom Motor, a technology company that designs and develops zero-emission commercial vehicles, today announced a cooperation with the Integrated Transport Centre (ITC) of the Department of Municipalities and Transport (DMT) in Abu Dhabi, to provide new green mobility solutions to the Emirate through its distributor EGME (part of the Al Fahim Group).    Under this significant cooperation, Wisdom Motor joins other international brands to support ITC’s Green Bus Assessment Programme contributing towards the region’s proactive efforts to embrace sustainability.


Mr. Cliff Zhang, Chairman of the board of directors of Wisdom Motor and Chairman of Templewater (the company’s investor), commented: "We are proud to partner with the ITC to bring our cutting-edge technology and customised hydrogen-powered vehicles to Abu Dhabi.  This cooperation not only reinforces the quality and competitiveness of Wisdom Motor, but it is also a significant milestone for our company in entering the GCC market by bringing in the first 12-Meter Hydrogen City Bus into the region, while reaffirming our commitment to promoting sustainable mobility solutions worldwide.  As a relatively young company, we are excited to join other global providers in contributing to the UAE's ambitious sustainability vision, and we look forward to expanding our presence in this region.


Mr Zhang, added, “This landmark cooperation is an example of how young companies can drive positive change in the world.  As governments and businesses join hands to champion sustainability initiatives, I believe Wisdom Motor's technology and innovative approach will play a critical role in reshaping our zero-emission future.”


Wisdom Motor – designing safe, innovative and sustainable mobility solutions


As an innovative zero-emission commercial vehicle solution provider headquartered in Hong Kong, Wisdom Motor has achieved numerous milestones and expanded globally by providing highly customizable and state-of-the-art commercial vehicles through a combination of technology, customization and precision manufacturing at its production hub of over 480,000 sq m located in Fujian, China.  As a disruptor to the traditional commercial vehicle supply chain, Wisdom Motor’s capabilities include a short turnaround delivery time, customized engineering capabilities, a state-of-the-art monocoque structure and in-house composite materials.  In just five years, the company is supplying to a worldwide footprint, including the UK, Germany, France, the Nordics, Australia, Japan and Korea.  In its home-base in Hong Kong, the company is the first provider of hydrogen-powered double-decker bus, also being the first tri-axle double-decker bus anywhere in the world.


Hydrogen vehicles – a viable and efficient energy source


Wisdom Motor's hydrogen-powered vehicle represents a cutting-edge solution that underscores the technology and sustainability advantages of hydrogen fuel.  As a fuel source for long distance commercial transportation, hydrogen offers unparalleled advantages. It is lightweight and boasts nearly three times the energy density of diesel per unit of mass, all while producing zero-emissions.  In each market, Wisdom Motor works with its partners to develop the infrastructure needed to make hydrogen fuel readily available and competitively priced. 


About Wisdom (Fujian) Motor Company Limited


Founded in China in 2019, Wisdom (Fujian) Motor Company Limited (“Wisdom”) is a technology company that designs and manufactures zero-emission commercial vehicles. With a vision of becoming a global role model for zero-emission smart commercial vehicles, Wisdom focuses on exporting high-end products across the world, having sold and delivered eight types of products in more than 400 vehicles to 18 regions in the five years since inception.


For more information, please visit www.wisdommotor.com


About Templewater Group


Templewater Group (“Templewater”) is an alternative asset management firm headquartered in Hong Kong, founded by Mr. Cliff Zhang and the Investec Group in 2018 as a spin-off of Investec Group’s Principal Investments Division in Asia, continuing the heritage and investment track record of the Investec Group.


Templewater is a solution-based and trusted partner to institutions, entrepreneurs, and family offices, investing in proprietary deals alongside them. Templewater invests across the alternative asset classes in private equity, impact investing and real estate.


For more information, please visit www.templewater.com



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Contacts

Mayukh Sikdar

Watermelon Communications

Dubai, U.A.E.

+971 4 283 3655

mayukh@watermelonme.com

Datalec Precision Installations (DPI) Launches In-House Electronic Security Service, Revolutionising Project Delivery

 


DPI welcomes Glenn Stephenson to the company as Operations Director – Electronic Security

 

(BUSINESS WIRE)--Datalec Precision Installations (DPI), a provider of world-class data centre design, supply, build, and support services to deliver seamless, integrated, and unified end-to-end solutions for data centre operators, is pleased to announce the expansion of its capabilities with the launch of in-house Electronic Security services. This innovative move sets DPI apart in the industry, providing clients with a unique end-to-end solution that eliminates the disruption often associated with third-party security provision.

DPI's in-house Electronic Security capability revolutionises project delivery by offering clients enterprise security systems, which can be pre-configured and pre-installed to our end-to-end solutions, alongside other bespoke offerings. This will be integral to our comprehensive end-to-end solutions. In contrast to industry norms relying on third-party providers, DPI's pioneering approach ensures a seamless and unified experience for data centre operators.

This marks a distinctive Unique Selling Proposition (USP) within the data centre industry, as we believe that DPI is the only entity in our field with the capability to manage security in-house. Unlike traditional practices where, for many different reasons, security is still being installed at the project's conclusion, DPI's integrated approach incorporates security into the main general contractor contract delivery. This proactive strategy addresses typical project creep associated with Ready for Service Dates (RFSD), overcoming security issues, and ensuring on-time and on-budget project delivery, meeting the high standards expected by clients.

The driving force behind this strategic initiative is the appointment of Glenn Stephenson as Operations Director for Electronic Security. With a distinguished career spanning over 30 years in the security industry, Glenn brings a wealth of experience and a proven record of successful project management and operational leadership.

In his role as Operations Director, Glenn will spearhead the delivery of electronic security solutions for data centres across the EMEA region. As the ultimate escalation point for all operational matters, including financial and physical aspects, Glenn will play a pivotal role in ensuring the seamless execution of projects. Additionally, he provides valuable support in Tender Returns and assists Project Managers with Final Account meetings. “I am very excited and proud to be chosen to direct this very important division within DPI,” said Glenn. “This really is a one-stop-shop for design, manufacturing, installation, security, and managed services. By having manufacturing capacity in-house, Datalec is poised to overcome security disruptions and issues, ensuring on-time and on-budget project delivery to the exacting standards clients expect.”

Datalec looks forward to continued success and growth under Glenn’s leadership and is confident that his wealth of experience will contribute significantly to the company's strategic goals.

To learn more about Datalec Precision Installations (DPI) visit https://datalecltd.com.

About Datalec

Datalec Precision Installations delivers excellence in international data centre installations, partnering with clients to make their businesses successful while providing seamless, integrated, unified end-to-end results with a ‘One Call, One Team’ service. DPI’s rigorous project management and supervision ensures projects are implemented to perfection the first time, every time, while mitigating risk and reducing cost for clients. DPI is focused on delivering a proactive and personal service that provides agility, flexibility and adaptability for substantial data suite construction and implementations. For more information visit: https://datalecltd.com.

 



Contacts

Ilissa Miller
iMiller Public Relations
Email: datalec@imillerpr.com
Tel: 1.914.315.6424

 DPI welcomes Glenn Stephenson to the company as Operations Director – Electronic Security

 

(BUSINESS WIRE)--Datalec Precision Installations (DPI), a provider of world-class data centre design, supply, build, and support services to deliver seamless, integrated, and unified end-to-end solutions for data centre operators, is pleased to announce the expansion of its capabilities with the launch of in-house Electronic Security services. This innovative move sets DPI apart in the industry, providing clients with a unique end-to-end solution that eliminates the disruption often associated with third-party security provision.

DPI's in-house Electronic Security capability revolutionises project delivery by offering clients enterprise security systems, which can be pre-configured and pre-installed to our end-to-end solutions, alongside other bespoke offerings. This will be integral to our comprehensive end-to-end solutions. In contrast to industry norms relying on third-party providers, DPI's pioneering approach ensures a seamless and unified experience for data centre operators.

This marks a distinctive Unique Selling Proposition (USP) within the data centre industry, as we believe that DPI is the only entity in our field with the capability to manage security in-house. Unlike traditional practices where, for many different reasons, security is still being installed at the project's conclusion, DPI's integrated approach incorporates security into the main general contractor contract delivery. This proactive strategy addresses typical project creep associated with Ready for Service Dates (RFSD), overcoming security issues, and ensuring on-time and on-budget project delivery, meeting the high standards expected by clients.

The driving force behind this strategic initiative is the appointment of Glenn Stephenson as Operations Director for Electronic Security. With a distinguished career spanning over 30 years in the security industry, Glenn brings a wealth of experience and a proven record of successful project management and operational leadership.

In his role as Operations Director, Glenn will spearhead the delivery of electronic security solutions for data centres across the EMEA region. As the ultimate escalation point for all operational matters, including financial and physical aspects, Glenn will play a pivotal role in ensuring the seamless execution of projects. Additionally, he provides valuable support in Tender Returns and assists Project Managers with Final Account meetings. “I am very excited and proud to be chosen to direct this very important division within DPI,” said Glenn. “This really is a one-stop-shop for design, manufacturing, installation, security, and managed services. By having manufacturing capacity in-house, Datalec is poised to overcome security disruptions and issues, ensuring on-time and on-budget project delivery to the exacting standards clients expect.”

Datalec looks forward to continued success and growth under Glenn’s leadership and is confident that his wealth of experience will contribute significantly to the company's strategic goals.

To learn more about Datalec Precision Installations (DPI) visit https://datalecltd.com.

About Datalec

Datalec Precision Installations delivers excellence in international data centre installations, partnering with clients to make their businesses successful while providing seamless, integrated, unified end-to-end results with a ‘One Call, One Team’ service. DPI’s rigorous project management and supervision ensures projects are implemented to perfection the first time, every time, while mitigating risk and reducing cost for clients. DPI is focused on delivering a proactive and personal service that provides agility, flexibility and adaptability for substantial data suite construction and implementations. For more information visit: https://datalecltd.com.

 



Contacts

Ilissa Miller
iMiller Public Relations
Email: datalec@imillerpr.com
Tel: 1.914.315.6424


300+ No-Deposit Reservations in 72 Hours After FF 91 2.0 aiFalcon Abu Dhabi Formula 1 Debut

 


Faraday Future (NASDAQ: FFIE), the California-based global intelligent electric mobility company, has received 300+ nonbinding reservations for the FF 91 2.0 Futurist aiFalcon limited edition within 72 hours of its Middle East Strategy Launch in Abu Dhabi.


The overwhelming response underscores the appeal of FF's brand and product. FF plans to introduce the FF 91 2.0 Futurist aiFalcon Limited Edition to the Middle East market by 2024, subject to local regulatory approvals.


 

Matthias Aydt, Global CEO of FF, stated, "We are extremely excited and grateful for the enthusiastic response in the Middle East. As the flagship model of our Company, the unique design and innovative performance of FF 91 2.0 Futurist aiFalcon will bring a completely new mobility experience to users in the Middle East. We will continue our efforts to ensure outstanding products and services for our users."



During the Abu Dhabi Formula 1 Grand Prix week, the FF 91 2.0 Futurist Alliance showcased at Yas Marina Circuit, attracting global users who made on-site pre-order deposits, reflecting strong support for the innovative product.


FF's recent strategic cooperation agreement with Master Investment Group and Siraj Holding LLC, along with key appointments, signals a significant step in expanding FF's presence in the Middle East.


Dedicated to advancing EV technology, FF is committed to intelligent and AI-driven mobility, aligning with the evolving preferences of users worldwide."FF remains dedicated to advancing electric vehicle technology to meet the evolving needs and preferences of users worldwide, driven by a pursuit of intelligent and AI-driven mobility.


Those residing in the Middle East can submit a nonbinding no-deposit reservation for an FF 91 2.0 Futurist aiFalcon vehicle via the Company’s UAE website: https://www.ff.com/ar/en/reservation/



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Contacts

Melwyn Abraham - melwyn@matrixdubai.com

Quectel Lights Up Enlit Europe 2023 with Products and Customer Devices Helping to Accelerate Smart Energy Solutions

PARIS - Tuesday, 28. November 2023


(BUSINESS WIRE) -- Quectel Wireless Solutions, a global IoT solutions provider, will be showcasing its comprehensive range of modules and antennas at its stand at Enlit Europe, Booth No. 7.2 J123. In addition, Quectel will be sharing details about use cases that are helping to accelerate the roll-out of smart energy solutions around the world


Enlit Europe 2023 expects to welcome more than 12,000 visitors, over 700 international exhibitors and 500 speakers across two conference stages. The event addresses every aspect of the energy agenda and focuses on the people, projects and technologies that are shaping the transformation of the energy sector.


“We’re excited to be bringing our modules, antennas and evaluation kits to Enlit Europe 2023 so visitors can see and learn about our products,” said Norbert Muhrer, President and CSO, Quectel Wireless Solutions. “It’s even more exciting to be at the event with our customers and their devices to showcase the real-world applications we are helping to enable and to share our iSIM demonstrations. We look forward to welcoming you to Booth No. 7.2 J123.”


Quectel will have a wide range of its LTE Cat 1 and Cat 4, 5G Sub-6 GHz and RedCap, and smart modules on display. In addition, popular Quectel Wi-Fi and Bluetooth modules plus the FGH100M Wi-Fi HaLow module will be on the stand. Quectel Cat-M, narrowband and EGPRS LPWA modules and modules from the company’s satellite and GNSS portfolio will also be showcased.


A comprehensive range of antennas to meet a wide variety of use cases will also be exhibited. These include Quectel’s 5G and 4G/LTE antennas, Wi-Fi, and Bluetooth antennas, and the YEMN016AA 5-in-1 5G/4G and GNSS combo antenna.


For developers, Quectel will also be demonstrating its popular evaluation kits for UMTS and LTE, Wi-Fi, 5G and smart modules.


Illustrating the variety of devices Quectel products are integrated into will be customer devices on display from Andra, which has two devices deployed in the European market, Voltalis, which has developed an energy efficiency and purchasing power solution, while Aurum’s EnergyGRIP will be demonstrating an energy monitoring and control IoT device and Fludia will be showcasing smart energy components.


In addition to these devices, Quectel will be demonstrating a virtual SIM (vSIM) solution available to its European customers. Based on the Quectel EG915U module with vSIM, the demo illustrates three IoT cases including smart home for monitoring, smart city for tracking and medical for elderly care. The demo board includes temperature and humidity sensors, an ambient light sensor and a heart rate and oximeter sensor. Additional sensors such as O2 or gesture sensors can be added and users can access features such as the service dashboard, SIM management, rule management and reporting functions.


About Quectel


Quectel’s passion for a smarter world drives us to accelerate IoT innovation. A highly customer-centric organization, we are a global IoT solutions provider backed by outstanding support and services. Our growing global team of 5,900 professionals sets the pace for innovation in cellular, GNSS, Wi-Fi and Bluetooth modules as well as antennas and services.


With regional offices and support across the globe, our international leadership is devoted to advancing IoT and helping build a smarter world.


For more information, please visit: www.quectel.com, LinkedIn, Facebook, and X.


 


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Contacts

Media contact: media@quectel.com

Armis Releases Q4 Update to Its Armis Centrix™ Platform

  New features and improvements in User Experience, SOC use cases, enhanced integrations - to augment our Exposure Management platform

 

(BUSINESS WIRE)--Armis, the asset intelligence cybersecurity company, today announced the availability of version 23.3 of the Armis Centrix™ platform. New enhanced integrations, utilizing Armis’ AI Asset Intelligence Engine, enhances organizations’ ability to strategically combine comprehensive data and sophisticated intelligence to efficiently drive key security processes and outcomes. Automated ticketing for vulnerability prioritization and remediation and improved management of alerts are some of the developments customers will benefit from.

Moreover improvements were added to Armis Centrix™ Connected Medical Device Security solution with focus on biomedical users to help them manage and monitor medical assets more effectively. Enhancements to Armis Centrix™ OT/IoT security solution increases coverage to more use cases and integrates with more OT vendors to increase scale and visibility across different OT networks.

“Armis works in lockstep with its customers, developing new features to our platform based on customer growth paths and the challenges they face,” said Dana Gilboa, chief product officer, Armis. “This release broadens the use cases and individual toolkits organizations can utilize through the platform as they manage their attack surface. With new techniques for asset discovery on top of existing network traffic analysis and integrations, enterprises can continue to take a proactive stance on risk and attack surface analysis.”

Version 23.3 also introduces a new user interface, which is more intuitive and includes major dashboard and reporting enhancements as well as new dark mode support. Improvements in user experience were also introduced with new functionality including better management of collectors, boundaries, network discovery, and integrations - which will dramatically speed up, and also automate, case loads to improve team performance.

Version 23.3 also brings significant improvements to SOC use cases, including enhancements in alerts which enable globally distributed teams to conduct investigations regardless of their location.

Armis Centrix™, the cyber exposure management platform, is powered by the Armis AI-driven Asset Intelligence Engine, which sees, protects and manages billions of assets around the world in real time. Armis Centrix™ is a seamless, frictionless, cloud-based platform that proactively mitigates all cyber asset risks, remediates vulnerabilities, blocks threats, and protects the entire attack surface. For more information on our platform please visit: Armis Centrix™.

Armis Centrix™ is FedRAMP moderate and DoD IL4 authorized.

About Armis

Armis, the asset intelligence cybersecurity company, protects the entire attack surface and manages the organization's cyber risk exposure in real time. In a rapidly evolving, perimeter-less world Armis ensures that organizations continuously see, protect and manage all critical assets. Armis secures Fortune 100, 200 and 500 companies as well as national governments, state and local entities to help keep critical infrastructure, economies and society stay safe and secure 24/7. Armis is a privately held company headquartered in California.

 



Contacts

Media Contacts:
Rebecca Cradick
Senior Director, Global Communications
Armis
pr@armis.com


Bacardi Gifting Celebrates Sustainability Landmark

 


 After cutting single-use plastic from its gifting range, the family-owned spirits company is now cutting cardboard gift packs too

(BUSINESS WIRE) -- Family-owned Bacardi has announced that it is not only cutting single-use plastic from its gift packs, it will also now reduce the number of cardboard gift boxes for some of its iconic brands.

Four years ago, Bacardi set itself the ambitious goal of removing 100% of the single-use plastic from its gifting range by the end of 2023. Thanks to innovative new designs, the company has successfully removed almost 275 tons of single-use plastic used annually.

“We are incredibly proud of what we have achieved to date but we want to go one step further,” said Rodolfo Nervi, Vice President Safety, Quality and Sustainability for Bacardi. “We don’t want to just redesign our packaging to remove plastic, we want to do all we can to reduce our cardboard packaging too.”

It’s with this in mind that Bacardi will now begin reducing the number of cardboard gift boxes for brands including BOMBAY SAPPHIRE® gin, DEWAR’S® White Label Blended Scotch whisky and MARTINI® sparkling wines. This move will cut the company’s use of cardboard by approximately 100 tons in the first year alone.

Where Bacardi continues to use paper and cardboard for its packaging, it is certified by the Programme for the Endorsement of Forest Certification (PEFC) or the Forest Stewardship Council® (FSC®).

“We are not standing still. We are constantly innovating. For more than 160 years, our iconic brands have reflected the changing tastes of each new generation of consumers. Today, consumers want drinks that are made in the most environmentally responsible way possible and so do we,” added Rodolfo.

Find out more about Bacardi and its ESG – Environmental, Social & Governance – commitments, including its alignment with the United Nations Sustainable Development Goals, at www.bacardilimited.com/good-spirited.

About Bacardi

Bacardi Limited, the largest privately held international spirits company, produces, markets, and distributes spirits and wines. The Bacardi Limited portfolio comprises more than 200 brands and labels, including BACARDĂŤ® rum, PATRĂ“N® tequila, GREY GOOSE® vodka, DEWAR’S® Blended Scotch whisky, BOMBAY SAPPHIRE® gin, MARTINI® vermouth and sparkling wines, CAZADORES® 100% blue agave tequila, and other leading and emerging brands including D’USSE® Cognac, ANGEL’S ENVY® American Straight whiskey, and ST-GERMAIN® elderflower liqueur. Founded more than 161 years ago in Santiago de Cuba, family-owned Bacardi Limited currently employs approximately 9,000, operates production facilities in 11 countries and territories, and sells its brands in more than 160 countries. Bacardi Limited refers to the Bacardi group of companies, including Bacardi International Limited. Visit www.bacardilimited.com or follow us on LinkedIn or Instagram.

Always drink responsibly.

 



Contacts

Media enquiries:
Andrew Carney, Corporate Communications Director, Bacardi, acarney@bacardi.com
Jessica Merz, VP Corporate Communications, Bacardi, jmerz@bacardi.com


Huawei Unveils Joint Fellowship With ITU, Makes Strides in Digital Inclusion

  DONGGUAN, Chine - Wednesday, 29. November 2023

90 million people connected under Huawei's pledge to ITU's Partner2Connect Digital Coalition

(BUSINESS WIRE)-- Huawei announced it has already brought connectivity to 90 million people in remote regions in nearly 80 countries following its pledge to the International Telecommunication Union's (ITU) Partner2Connect (P2C) Digital Coalition. The announcement was made as part of Huawei's first progress report since joining the Coalition last year.

Dr. Liang Hua, Chairman of the Board of Huawei, made the announcement at the company's 2023 Sustainability Forum, which is themed "Thriving Together with Tech: Realizing Sustainable Development." In addition to, Doreen Bogdan-Martin, the Secretary-General of ITU; Jeffrey Sachs, President of the UN Sustainable Development Solutions Network and Commissioner of the UN Broadband Commission for Development; as well as representatives from telecommunications ministries and regulators, including some from Pakistan and Ghana. Participants examined the ways in which digital infrastructure can facilitate sustainable development and contribute to the construction of an intelligent world that is both greener and more inclusive.

"Next-generation digital infrastructure, such as connectivity and computing power, are as vital to driving socio-economic development as our physical infrastructure, just like roads. This new infrastructure will be essential to the sustainable development for all of society," Dr. Liang said. "Computing is a core driver of productivity in the digital economy. Faster rollout of computing infrastructure will help speed up digital transition in many industries, and promote deeper integration of the digital and real economies. This can further promote global economic stability and sustainable development."

Further adding to Dr. Liang's comment, Doreen Bogdan-Martin, the Secretary-General of ITU, said: "We should not make a trade-off between sustainable development and technology. We require both ! Let's thrive together with tech. Let's construct a digital future that propels human and environmental progress forward."

Huawei firmly believes digital talent is key to future technological innovation. To foster more widespread digital engagement and develop future leaders, the company has deepened its partnership with ITU by launching a fellowship known as the "ITU Generation Connect Young Leadership Programme in Partnership with Huawei".

The fellowship will be open for applications early next year and will last three years. Each year, 30 young visionaries (aged 18-28) from around the world will receive support in their projects to use digital technology to drive community development.

Jeff Wang, President of Huawei's Public Affairs and Communications Department, noted: "Huawei is proud to partner with ITU for this important cause, and to witness the concrete progress that young visionaries are making toward global digital inclusion. The support that participants will receive includes financial contributions to their projects, mentoring from ITU and Huawei experts, and opportunities to participate in joint events."

"Through ITU and Huawei's joint efforts, young people will learn, contribute and lead in the digital world," stated Dr Cosmas Luckyson Zavazava, Director of ITU's Telecommunication Development Bureau. "Digital is a prerequisite for accelerating the achievement of the SDGs. We encourage youth to push the boundaries of the expanding global digital ecosystem and make transformative contributions. I am grateful to Huawei for this great cooperation, and I am looking forward to the global impact of this innovative project."

The P2C Coalition, launched by ITU, fosters meaningful connectivity and digital transformation globally, prioritizing remote communities in countries and regions that lack digital access. Huawei signed the global commitment last year, with the objective of connecting 120 million people in remote areas across more than 80 countries by 2025. In collaboration with local ministries and universities, Huawei has already provided 2,066 training opportunities in Cambodia, the ITU's first P2C partner country.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231129786207/en/

 

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Contacts

Press Contact:
Inés Bousquet
ib@35nord.com
0659659540

QPS Holdings, LLC divests its Neuropharmacology Business Unit

 (BUSINESS WIRE)--Today QPS Holdings, LLC (QPS) a leading drug development Contract Research Organization (CRO), announces an agreement to sell its Neuropharmacology business unit (QPS Neuropharmacology) to Scantox, a leading Nordic pre-clinical, GLP-accredited CRO. QPS Neuropharmacology, based in Grambach, Austria and focused on drug discovery, specializes in neurodegenerative diseases, rare diseases and mental disorders.


Founded in 1999, QPS Neuropharmacology has built a strong global reputation for high quality services that are deeply scientifically rooted and has an undisputed track-record of serving a loyal and broad customer base globally. This long history of developing expertise within neuropharmacology preclinical studies has contributed to strong year-on-year growth and positioned the organization as a desirable acquisition target. QPS Neuropharmacology is based in a 2,700 m2 state-of-the-art facility in Grambach, Austria, and employs more than 80 employees. With on-site availability of validated transgenic and non-transgenic in-vitro and in-vivo models, QPS Neuropharmacology addresses multiple targets within the growing CNS area and represents a unique partner for biotech and pharma companies in their drug development process.


After the sale is complete, QPS will retain the European clinical division including the service capbilities in Austria, The Czech Republic, and Croatia where QPS has a long history of conducting late-phase clinical trials in neurodegenerative diseases, oncology and various rare diseases. This late-phase clinical capability will remain fully integrated with the QPS global clinical operational services organization, providing comprehensive global CRO services to pharmaceutical and biotech clients worldwide.


“The sale of QPS Neuropharmacology is a natural transition in the development of QPS as a full-service, global CRO focused on preclinical, bioanalysis and clinical research operational services. We believe that the neuropharmacology unit will be strengthened and continue to grow as part of the Scantox organization” says Ben Chien, President and CEO of QPS Holdings, LLC.


Manuela Prokesch, Director of QPS Neuropharmacology, continues: “This is a unique opportunity for us to bring our deep Neuropharmacology expertise to join a preclinical market leader, known for their high quality and customer-centric approach. We are looking forward to continuing to deliver our signature high-quality solutions to our clients while leveraging the synergies we can generate across the Scantox organization”.


QPS Neuropharmacology will continue to serve its valued clients as part of the Scantox organization. The combined company will have more than 300 employees across six sites offering lead optimization, neuropharmacology research services, regulatory toxicology and CMC/analytical services.


Advisors


Perella Weinberg Partners is serving as financial advisor to QPS Holdings, KPMG is serving as its tax advisor and Ropes & Gray together with Wolf Theiss are serving as its legal counsel. Lincoln International is serving as corporate finance advisor to Scantox, EY is serving as its financial and tax advisor, L.E.K. Consulting as its commercial advisor and Accura together with DORDA are serving as its legal counsel.


About QPS Holdings, LLC:


QPS is a GLP/GCP-compliant contract research organization (CRO) delivering the highest grade of discovery, preclinical, and clinical drug development services. Since 1995, it has rapidly expanded from a tiny bioanalysis shop to a full-service CRO with 1,200+ employees in the US, Europe, India and Asia. Today, it offers expanded pharmaceutical contract R&D services with special expertise in Neuropharmacology, DMPK, Toxicology, Bioanalysis, Translational Medicine, and Clinical Development. Through continual enhancements in capacities and resources, QPS stands tall in its commitment to delivering superior quality, skilled performance and trusted service to its valued customers. For more information, visit www.qps.com or email info@qps.com.


About Scantox:


Scantox is the leading Nordic pre-clinical GLP-accredited CRO, focused on pharmacology and regulatory toxicology, headquartered in Denmark with three subsidiaries in Sweden and one in Denmark. Based on decades of experience, the company is a trusted partner for product development services within the pharmaceutical, biotech and medical devices industries, with a world known expertise within the Göttingen minipigs. The Company’s services enable clients to progress their drug or device development based on solid data to the highest technical and scientific standards. Founded in 1977, Scantox is owned by Impilo, a leading Nordic healthcare investment company.


 


View source version on businesswire.com: https://www.businesswire.com/news/home/20231130940694/en/



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Contacts

For further information:

Dr. Manuela Prokesch, Director of QPS Neuropharmacology, Manuela.Prokesch@qps.com