Dhaka & Singapore, Oct 8, 2024 - (ACN Newswire via SeaPRwire.com) - Summit LNG Terminal II Co Ltd (“SLNG II”), a unit of Summit Group, has urged the Government of Bangladesh to reverse its decision to terminate the third Floating Storage and Regasification Unit (“FSRU”) project in the country.SLNG II said it had received a notice from the Bangladesh Oil, Gas & Mineral Corporation (“Petrobangla”) on 7 October notifying the termination of the project situated at Moheshkhali in Cox’s Bazar.The Moheshkhali terminal (“2nd FSRU”) in southeast Bangladesh is the second floating gas terminal project undertaken by Summit Group with a planned regasification capacity of 600 million standard cubic feet per day.In response to media queries, SLNG II wishes to clarify the following: 1) In late 2020, the Government of Bangladesh made a strategic decision to transition from coal-fired power generation to natural gas, a cleaner energy source. The initiative was also aimed at boosting gas supply to ensure energy security and support industrial growth. Summit Group submitted a proposal on 11 October 2021, to implement a FSRU on a Build, Own, Operate, and Transfer (BOOT) basis. The proposal was approved by the Cabinet Committee on Economic Affairs on 14 June 2023.The approval followed two years of extensive negotiations and consultations with international law firms to address the contractual and technical challenges.2) Summit, in collaboration with Petrobangla and Rupantarita Prakritik Gas Company Limited (“RPGCL”), finalized the Terminal Use Agreement (“TUA”) and Implementation Agreement (“IA”) on 12 October 2023. These were legally vetted and approved by the Cabinet Committee on 12 December 2023.3) SLNG II signed the TUA and IA on 30 March 2024 with Petrobangla and Government of Bangladesh (“GoB”) for the 2nd FSRU. On the same day SLNG II also signed a long-term Sale and Purchase Agreement (“SPA”) to supply 1.5 million tonnes of liquefied natural gas (“LNG”) to Petrobangla, starting in October 2026.4) To fulfil the initial conditions precedent (“CPs”) of the agreements signed on 30 March 2024, SLNG II has to date committed investments of approximately USD 15 million to implement the 2nd FSRU.5) The termination notice received on 7 October 2024 was issued on the basis that the agreements signed on 30 March 2024 had not become effective as a performance bond was not submitted within 90 days as stipulated, i.e. on 28 June 2024. SLNG II said that as that date fell on a Friday (not a banking day in Bangladesh), the performance bond was delivered on the next possible working day, with acknowledgement by Petrobangla.6) SLNG II’s lawyers have confirmed that SLNG II had not breached any CPs of the agreements of 30 March 2024. Even if any CP was delayed, Petrobangla did not notify SLNG II within the agreed 30-day window and had therefore deemed the CP as accepted.“SLNG II is owned by Summit Power International Limited (“SPIL”), the largest private sector investor in energy in Bangladesh with a proven track record of developing long-term infrastructure projects in a responsible and transparent manner. SPIL has stated that our investments have helped to catalyse foreign direct investment (“FDI”) into Bangladesh. We respectfully urge the Government of Bangladesh to uphold the sanctity of contracts and to ensure that investors' rights are protected and treated fairly and equitably,” SPIL said.Media ContactWeR1 Consultants Pte LtdIsaac Tang and Shindy KaurWhatsApp (Text): (+65) 9748 0688summit@wer1.net Copyright 2024 ACN Newswire via SeaPRwire.com.
IBG's award-winning Australian Bitters, the first bitters to be sold by Sysco, is now available through Sysco.com, SyscoMarketplace.com, and SuppliesontheFly.comMarks expansion of IBG's sales channels for Australian Bitters in the U.S. beyond traditional alcohol distributors and into the foodservice categoryU.S. is the largest bitters market by volume in the $11 billion global bitters market which is expected to grow to $14 billion by 2030SEVEN HILLS, AUSTRALIA, Oct 8, 2024 - (ACN Newswire via SeaPRwire.com) - Innovation Beverage Group Ltd, ("IBG" or the "Company") (Nasdaq:IBG), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, announced today that through its U.S. distributor, Buettner Global Services, a provider of high performance sourcing, procurement, and supply chain management, IBG's Australian Bitters is now available nationwide in the United States through Sysco.Sysco, the global leader in foodservice distribution, sells, markets, and distributes food products to restaurants, healthcare and educational facilities, lodging establishments, and other customers who prepare meals away from home. The company operates 340 distribution facilities worldwide and serves approximately 730,000 customer locations.IBG's flagship product, Australian Bitters, is hand crafted in small batches in Australia from the finest natural botanical herbs and spices. Australian Bitters won the Gold Medal at the Los Angeles Spirts Awards and is available in every major U.S. city.Accounting for 40% of the global bitters market by volume, the U.S. is the most valuable bitters market in the world, with Australia being second, representing 13% of the global market by volume."We are very excited to expand availability of our award-winning Australian Bitters brand to the world's largest market, and with the largest food distributor. With a shared commitment to quality and customer satisfaction, Sysco, brings extensive industry experience and a robust distribution network. Together, we aim to make Australian Bitters more accessible to restaurants, bars, and consumers across the United States," commented IBG's Chief Executive Officer, Dean Huge.About Innovation Beverage GroupInnovation Beverage Group is a developer, manufacturer, marketer, exporter, and retailer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands for which it owns exclusive manufacturing rights. Focused on premium and super premium brands and market categories where it can disrupt age old brands, IBG's brands include Australian Bitters, Bitter Tales, Drummerboy Spirits, Twisted Shaker, and more. IBG's most successful brand to date is Australian Bitters, which disrupted a 200-year-old market leader, giving the Company a market dominating position in several territories including a partnership in Australia with Coca-Cola Europacific Partners. Established in 2018, IBG's headquarters, distillery, innovation, and manufacturing facility are located in Sydney, Australia with a U.S. sales office is located in New Jersey. For more information visit: https://www.innovationbev.com/Forward Looking StatementThis press release contains "forward-looking statements" and "forward-looking information." This information and these statements, which can be identified by the fact that they do not relate strictly to historical or current facts, are made as of the date of this press release or as of the date of the effective date of information described in this press release, as applicable.The forward-looking statements herein relate to predictions, expectations, beliefs, plans, projections, objectives, assumptions, or future events or performance (often, but not always, using words or phrases such as "expects," "anticipates," "plans," "projects," "estimates," "envisages," "assumes," "intends," "strategy," "goals," "objectives" or variations thereof or stating that certain action events or results "may," "can," "could," "would," "might," or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) and include, without limitation, statements with respect to projected financial targets that the Company is looking to achieve.All forward-looking statements are based on current beliefs as well as various assumptions made by and information currently available to the Company's management team. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections, and other forward-looking statements will not be achieved or that assumptions do not reflect future experience. We caution any person reviewing this press release not to place undue reliance on these forward-looking statements as several important factors could cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations, anticipations, estimates, assumptions, and intentions expressed in such forward-looking statements. These risk factors may be generally stated as the risk that the assumptions and estimates expressed above do not occur.The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by Company or on behalf of the Company except as may be required by law.Contact:TraDigital IRJohn McNamara917-658-2602John@tradigitalir.comContact InformationJohn McNamaraInvestor Relationsjohn@tradigitalir.com917-658-2602SOURCE: Innovation Beverage Group Copyright 2024 ACN Newswire via SeaPRwire.com.
WATERLOO, ONTARIO, Oct 8, 2024 - (ACN Newswire via SeaPRwire.com) - BlackBerry Limited (NYSE:BB)(TSX:BB), today unveiled new research highlighting the mounting pressure on software engineers and developers to balance rapid innovation with safety and security. The comprehensive survey of 1,000 embedded software developers and engineers from around the world revealed the growing tension between meeting tight project deadlines and maintaining functional safety, with 75% of respondents acknowledging that urgency often forces them to compromise on key safety requirements.Widespread Frustration Leads 74% of Developers to Consider Switching Operating SystemsWhile developers cite security (54%), cost control (52%) and safety certifications (48%) as their ‘top' considerations when selecting an operating system, the survey also highlights significant downstream challenges in each of these areas that have made the vast majority (74%) of respondents open to changing their existing OS. Indeed, of those required to meet international safety standards, 61% say it is extremely or very challenging to meet these specific standards with their current OS. Security concerns (36%) and lackluster performance issues (28%) are the two main reasons respondents are considering changing their current OS.Open-Source Platforms Preferred Yet Fall Short on Safety StandardsOpen-Source operating systems are the preferred foundational platform for almost half (44%) of developers, with an additional 25% indicating no preference for either Open-Source or proprietary offerings. Open-Source platforms are often adopted within development environments due to widespread familiarity with the technology and their open availability, but critically, they do not carry the same safety certifications as many proprietary options which go through rigorous verification and testing to achieve; validating and verifying each stage of the development process to ensure stringent international safety requirements are met."As we enter the era of 'Software-Defined Everything,' where devices and infrastructure increasingly rely on software for operations, new features, and innovation, the importance of functional safety (FuSa) and security are paramount," said John Wall, SVP and Head of BlackBerry QNX. "While 90% of organizations surveyed recognize this as a priority, developers are under growing pressure to meet deadlines and budgets, which is why pre-certified software is so important to enabling organizations to not only meet their goals but do so without compromise."Safety Certification Gaps Cause Costly Delays and Compliance IssuesWorryingly, the survey also revealed that nearly a third (31%) of all respondents admitted that their OS lacked the necessary safety certifications or only had ‘some' of them covered. This gap has no doubt contributed to delays for two-thirds of organizations as they grapple with the complexity, time, and cost-averaging $591,000 and 154 hours of company resources-needed to meet evolving safety standards.Security Vulnerabilities and Breaches Lead to Project DelaysSecurity also remains a pain point for developers, particularly for Open-Source operating systems, which are more likely to experience a breach (46% vs. 40% for proprietary systems). Of those who have encountered a security breach or vulnerability in their OS, 72% reported delays in project timelines directly due to security vulnerabilities, further exacerbating the challenges of maintaining both innovation and robust, secure systems."To thrive in a software-driven world, developers need an OS that prioritizes safety and security," added Wall. "Pre-certified, secure-by-design solutions allow teams to focus on innovation rather than troubleshooting. Choosing the right OS can significantly transform your business by minimizing headaches and enhancing efficiency."Other key findings include:While 73% of organizations prioritize operating system security, the frequency of applying security patches varies, with a notable average of 5 weeks between updates.Operating system issues can have a significant impact on project timelines, with 34% of organizations reporting that they have missed deadlines due to OS-related problems, with the average delay globally being one month.For more information on how BlackBerry QNX's portfolio of embedded software solutions can help accelerate safety-certification, ensure reliability and reduce development time, visit BlackBerry QNX.Methodology: Research was conducted in from July to September by Coleman Parkes and commissioned by BlackBerry QNX, surveying 1,000 embedded software developers and engineers across North America (USA and Canada), Europe (UK, France, and Germany), and APAC (Japan, South Korea).About BlackBerryBlackBerry (NYSE:BB)(TSX:BB) provides intelligent security software and services to enterprises and governments around the world. The company's software powers over 235M vehicles. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety, and data privacy solutions, and is a leader in the areas of endpoint management, endpoint security, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust.Trademarks, including but not limited to BLACKBERRY and EMBLEM Design, are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.Media Contacts:BlackBerry Media Relations+1 (519) 597-7273mediarelations@BlackBerry.comSOURCE: BlackBerry QNX Copyright 2024 ACN Newswire via SeaPRwire.com.
Piotrkowska, Poland – October 08, 2024 – (SeaPRwire) – Awangarda-Marketing, a global leader in live lead generation, is redefining how businesses acquire high-quality leads across multiple industries, including finance, investments, insurance, real estate, and cosmetics. With an innovative online service that allows advertisers to buy leads directly in CPA (Cost Per Acquisition) and CPL (Cost Per Lead) models, Awangarda-Marketing ensures that every lead meets strict qualification criteria, providing clients with optimal results and a higher conversion rate.
Their new offer, available until the end of 2024, includes only live leads that have been pre-qualified through direct calls, guaranteeing high engagement and superior answer rates. To further enhance their commitment to quality, the company is offering up to 10% money back for any invalid numbers, making it a risk-free investment for advertisers worldwide.
“We prioritize quality and transparency. Our team uses AI smart funnels to ensure lead optimization and the highest possible conversion rates,” said a spokesperson for Awangarda-Marketing. “By leveraging platforms like Facebook, Instagram, YouTube, Taboola, Outbrain, MSN, Bing, and Native, we provide advertisers with the best traffic sources, ensuring that all leads are current, engaged, and ready to convert.”
As part of its expansion plans, Awangarda-Marketing is continually optimizing its AI-driven lead funnels, offering a suite of tools to track and analyze lead engagement. Their approach combines the latest technological advancements with deep industry knowledge, ensuring that every lead is not only captured but also converted into a valuable customer. For more information on their services and new offers, visit their official website.
Awangarda-Marketing specializes in live lead generation services for multiple industries, with a focus on delivering high-quality, qualified leads that drive business growth. Their global network and expertise in platforms such as Facebook, Instagram, YouTube, and others make them the go-to partner for businesses seeking reliable lead generation solutions for insurance and finance sectors, for instance, they implement advanced programmatic marketing strategies that allow for precise targeting, ensuring that leads are not only plentiful but also aligned with specific demographic and psychographic profiles. This targeted approach significantly boosts conversion rates, turning prospects into loyal customers.
In the real estate market, Awangarda-Marketing employs long warm-up funnels, nurturing leads through personalized content and engagement strategies over time. This method creates a strong rapport with potential buyers, leading to increased trust and a higher likelihood of conversion. Similarly, in the cosmetics industry, the focus is on engaging with leads through tailored campaigns that resonate with their beauty preferences and lifestyle choices. By utilizing data-driven insights and effective segmentation, Awangarda-Marketing helps businesses connect meaningfully with their audience, driving higher sales and customer loyalty.
With a commitment to innovation and results, Awangarda-Marketing continues to set the standard for lead generation across various sectors, making it a strategic partner for businesses aiming to thrive in a competitive landscape.
Media Contact
Brand: Awangarda-Marketing
Contact: George Andris
Email: georgea@awangarda-mrketing.com
Website: https://awangarda-marketing.com
The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith.
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SANTA BARBARA, CA, Oct 8, 2024 - (ACN Newswire via SeaPRwire.com) - ZeroBounce today announces its latest product, an email warmup tool helping companies improve deliverability and email marketing ROI. This new addition to ZeroBounce's email validation and deliverability toolkit is especially helpful to sales professionals across all industries.ZeroBounce email warmup toolZeroBounce Warmup gradually repairs, builds, and maintains a positive sender reputation for new or tarnished email accounts, ensuring that emails can arrive in the inbox rather than landing in spam.The tool automates the warmup process by emulating existing sending patterns and slowly increasing the number of emails sent. It also simulates authentic, organic engagement by factoring in essential details like current engagement, prior sending habits, time zones, and more. Sales professionals and marketers can thus establish a better reputation with email service providers and land more emails in the inbox."Email deliverability is the backbone of any successful email program, and IP warming plays a crucial part in it," said Liviu Tanase, founder and CEO of ZeroBounce. "Our new email warmup tool gives businesses a powerful way to boost their inbox placement and ROI. Paired with our email verifier and deliverability toolkit, ZeroBounce Warmup helps every sender build trust with inbox providers."ZeroBounce's email warmup tool allows users to customize their email warmup process. Whether a company is launching a new domain, scaling up its email volume, or recovering from deliverability issues, the tool's flexible engagement rules help email performance.Default: A standard email warmup process gradually increasing interaction volume and ensuring a smooth transition to full-scale email engagements.Slow Pace: Ideal for new domains or IPs, this rule adopts a cautious approach and increases interaction to build trust with email providers.Repair: Designed for domains or IPs with deliverability issues, this rule helps restore sender reputation and credibility by focusing on targeted interactions.Boost: Perfect for established senders, this rule amplifies interaction volume during peak periods to boost engagement metrics.Protect: For businesses with consistent email performance, this rule maintains a steady pace of interaction for high inbox placement and click rates.ZeroBounce's email warmup services support sales pros and businesses at every stage of their email marketing journey and help them reach their audience. For more information about ZeroBounce Warmup, visit https://www.zerobounce.net/services/email-warmup.About ZeroBounceZeroBounce is an award-winning email validation, deliverability, and email-finding company that helps businesses improve their email performance. With a focus on accuracy, security, and customer support, ZeroBounce is the go-to choice for more than 350,000 customers worldwide.ZeroBounce's 99% accurate email validation service helps senders prevent bounces and maintain a good reputation. ZeroBounce's email deliverability toolkit further supports companies in reaching the inbox. Email Finder provides professionals with valid business email addresses to enhance their email outreach efforts, while DMARC Monitor helps organizations enhance domain security.For more information, visit https://www.zerobounce.net.Contact InformationCorina LesliePR Managersupport@zerobounce.net+1-888-500-9521SOURCE: ZeroBounce Copyright 2024 ACN Newswire via SeaPRwire.com.
SINGAPORE, Oct 8, 2024 - (ACN Newswire via SeaPRwire.com) - Evolve Capital has partnered Alta, Asia’s leading digital securities exchange for alternative assets, to offer seamless access to two of Evolve’s flagship sub-funds—the Evolve-Gifted Fund (EGF) and the ECM Opportunities Growth Fund (ECMOGF). This partnership will see both funds listed on Alta Exchange and broaden investment horizons, offering new avenues to tap into both private and public markets.The Flagship FundsThe ECM Opportunities Growth Fund aims to deliver capital appreciation by investing in high-potential SME opportunities across Asia, with a clear roadmap toward an eventual IPO exit. This strategy is designed to resonate with investors who seek a high probability of realised returns.The Evolve-Gifted Fund is an open-ended, multi-strategy fund that seeks to capitalize on opportunistic investments across both private and public markets. EGF strategically invests in a broad range of assets, including equities, debt instruments, ETFs, and private equity, across multiple sectors and geographies. This diversified, adaptive approach enables us to seize market opportunities while managing risk, with the aim of delivering long-term, risk-adjusted outperformance for our investors.Ted Low, Director for Evolve Funds, stated: “We are excited to offer this opportunity to enhance liquidity for investors interested in private equity assets, but have been deterred by traditional long lock-up periods. In regards to EGF, while our investors appreciate our long-term strategy, they often have short-term liquidity needs that require careful consideration. This partnership offers returns comparable to private equity without the traditional lock-up periods associated with such investments, ensuring they can achieve both immediate and future financial goals.”Jerry Chua, CEO of Evolve Capital, said "At Evolve Capital, we are thrilled for the launch of this partnership with Alta as it embodies our commitment to financial innovation. We are breaking down barriers for investors by digitizing the investment process, making it easier for them to access high-quality private market opportunities."Katherine Ng, Founder and Managing Partner, Katashe Solutions; Investor in Evolve Funds, stated: “As a Web3 solutions venture builder, I am thrilled to be at the forefront of collaboration as it represents a significant step forward in financial innovation, where we, as investors, can unlocking new opportunities to diversify our portfolios and gain exposure to a broader range of asset classes. The future of Real-World Assets (RWA) in digital finance is here, and I am excited to be invested.”Willie Chang, Head of Alta Exchange, said, “Partnering with Evolve allows us to give investors easier access to Asia’s high-growth sectors through our digital securities exchange. This collaboration expands investors' investment opportunities, helping them diversify and act quickly on unique market opportunities.”About Evolve CapitalEvolve Capital is a leading Singapore MAS licensed fund management company, offering tailored investment solutions to institutional and private investors worldwide. Evolve Capital leverages its extensive experience to drive consistent growth and capitalise on opportunities within its ecosystem. We have a panel of seasoned advisory professionals with extensive experiences, and offices across the Asia Pacific, Middle East, and North America.Our StrategyEvolve Capital seeks to capitalise on high-growth opportunities, with a focus on sectors leveraging the new economy and digitization trends. We also target the consumer value chain, aiming to harness the disruptive dynamics in a region where increasing consumption is a key driver for growth.For more information, please visit our website.About AltaAs the leading licensed digital securities exchange for alternative investments in Asia, we are building critical capital market infrastructure backed by some of the most active securities brokerages and bookrunners on the Singapore Exchange - Phillip Securities, PrimePartners and Nomura Holdings (Japan).Empowering Private Markets: Through our Digital Exchange, we enable the tokenization and digital custody of alternative assets. This end-to-end solution simplifies and expedites the trading of smaller asset blocks, ultimately facilitating access and liquidity in private markets. We believe that access to capital markets are pivotal in all economies, we recognize that our role in building this critical infrastructure goes beyond facilitating trades; it paves the way for entrepreneurship, job creation, financial inclusion, and economic resilience, fostering a brighter future for emerging markets and economies.Innovative Financial Ecosystem: Our journey has seen us transition from securities trading and distribution of comprehensive products, including equities, private credit, funds, and asset-backed securities representing real world assets like whiskies and wines, to include fund management and digital custody.Visit us on https://alta.exchange/ Copyright 2024 ACN Newswire via SeaPRwire.com.
TOKYO, Oct 8, 2024 - (JCN Newswire via SeaPRwire.com) - Eisai Co., Ltd. announced today that it has received approval for “URECE® Tablets” (dotinurad) in Thailand as a treatment for gout and hyperuricemia. This approval is the first time that the agent has been approved in China or the five ASEAN (Association of Southeast Asian Nations) member states where Eisai holds licenses to develop and distribute the agent.“URECE Tablets” are a new therapeutic medicine for gout and hyperuricemia discovered by FUJI YAKUHIN. It suppresses uric acid reabsorption and lowers blood uric acid levels by selectively inhibiting the urate transporter (URAT1) related to reabsorption of uric acid in the kidney. Eisai concluded a license agreement with FUJI YAKUHIN in February 2020 for China and in August 2021 for five ASEAN member states: Indonesia, Malaysia, Myanmar, the Philippines, and Thailand, granting exclusive development and distribution rights in these countries.Hyperuricemia is known to be associated with various diseases, including those of the urinary system, endocrine system, metabolic system, and cardio-cerebrovascular system, as well as gout. Furthermore, the prevalence of hyperuricemia in Thailand is estimated to be as high as 10.6%.(1) It is expected that the number of patients will further increase in the near future due to changes in lifestyle and dietary preferences in accordance with socioeconomic development.Eisai is committed to providing new treatment options for gout and hyperuricemia in China and the applicable ASEAN member states, and will further contribute to improving the quality of life (QOL) of patients.About “URECE® Tablets” (Dotinurad)URECE Tablets are a therapeutic medicine for gout and hyperuricemia discovered by FUJI YAKUHIN. URECE Tablets selectively inhibit URAT1, one of the uric acid transporters, thus preventing reabsorption of uric acid by the kidneys and promoting uric acid excretion in the urine. In addition, it has a small effect on other transporters affecting uric acid secretion, so it reduces serum uric acid levels at lower doses. URECE Tablets are expected to have a low risk of side effects and drug interaction.In Japan, FUJI YAKUHIN obtained manufacturing and marketing approval for dotinurad in January 2020 and launched it in May 2020.(1) Lohsoonthorn, V. et al. Relationship with Metabolic Syndrome in Thai Adults Receiving Annual Health Exams Archives of Medical Research 37, p 883-889 (2006). www.sciencedirect.com/science/article/pii/S0188440906001482?via%3DihubMedia Inquiries:Eisai Co., Ltd.Public Relations DepartmentTEL: +81-(0)3-3817-5120 Copyright 2024 JCN Newswire via SeaPRwire.com.
Singapore DeYong Company Limited. is committed to building a diversified cooperation platform, improving market competitiveness through a unique investment model, and helping enterprises achieve sustainable growth.
The company strengthens cooperative relationships through innovation and strategic investment, promotes enterprises to stand out in the fiercely competitive market, and is committed to providing long-term development support and guarantees for enterprises, helping them to fully realize their potential and achieve outstanding achievements.
https://www.youtube.com/watch?v=1-uCR-4h18M
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TOKYO and MONTREAL, Oct 8, 2024 - (JCN Newswire via SeaPRwire.com) - JCB International Co., Ltd. ("JCB"), Japan's only international payment brand, today announced that it has expanded its global partnership with Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, to include Singapore and Hong Kong. This expansion builds upon Nuvei's existing relationship with JCB in Europe, further strengthening Nuvei's position in the rapidly growing Asia-Pacific (APAC) eCommerce market.Through this enhanced partnership, Nuvei now offers JCB acceptance to its global merchant ecosystem, enabling JCB's community of more than 158 million cardmembers to pay directly to online businesses integrated with Nuvei. This development is particularly significant for Nuvei's customers in the APAC region, including leading eCommerce brands such as Charles & Keith[1].Philip Fayer, Nuvei's Chair and CEO, commented on the announcement: "Extending our partnership with JCB to Singapore and Hong Kong enhances our service offering for businesses in strategic APAC markets and demonstrates our commitment to providing comprehensive payment solutions that drive growth for our clients globally."The expansion of the JCB partnership aligns with Nuvei's ongoing strategic investments in the APAC region. Nuvei is a fully licensed direct local acquirer in Singapore and Hong Kong, and recently obtained a Major Payment Institution (MPI) license in Singapore[2].Nuvei's modular payments platform enables clients to securely connect with customers in over 200 markets worldwide through a single integration, accepting 716 alternative payment methods and offering acquiring in over 50 markets. This extensive reach and flexibility are particularly valuable in the context of the rapidly expanding eCommerce markets in Singapore and Hong Kong.Singapore’s eCommerce market is predicted to grow at a Compound Annual Growth Rate (CAGR) of nearly 10%, with gross merchandise value expected to reach US$23.5 billion by 2027[3]. Hong Kong's eCommerce market is projected to grow at a similar CAGR of nearly 9%, with revenues expected to exceed US$7 billion by 2029[4].Hiroko Michishita, Managing Director, JCB International Asia Pacific Pte. Ltd., said, “Between 2021 and 2022, JCB has almost doubled the volume of ecommerce transactions in Singapore. While East Asia is our traditional stronghold, we have seen substantial growth in our ASEAN card base of 132% from 2018 to 2023. Nuvei’s latest expansion into Singapore and Hong Kong complements JCB’s long-term growth strategy. We are confident that Nuvei’s presence in Asia will enable both companies to work closer together and quickly achieve substantial sales volumes.”About Nuvei Nuvei (Nasdaq: NVEI) (TSX: NVEI) is the Canadian fintech company accelerating the business of clients around the world. Nuvei’s modular, flexible and scalable technology allows leading companies to accept next-gen payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 50 markets, 150 currencies and 716 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally with one integration.For more information, visit www.nuvei.comNVEI-IRContact: Public Relationsalex.hammond@nuvei.comInvestor RelationsIR@nuvei.comAbout JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 49 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 158 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/ContactKosuke OchiaiCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@info.jcb.co.jp[1] https://investors.nuvei.com/news-releases/news-release-details/charles-keith-selects-nuvei-boost-international-expansion[2] https://www.nuvei.com/posts/nuvei-secures-mpi-license-in-singapore-to-accelerate-apac-expansion[3] https://finance.yahoo.com/news/singapore-ecommerce-market-databook-2023-171900419.html[4] https://www.statista.com/outlook/emo/ecommerce/hong-kong Copyright 2024 JCN Newswire via SeaPRwire.com.
LOS ANGELES, CA and WATERLOO, ON, Oct 8, 2024 - (ACN Newswire via SeaPRwire.com) - MotorTrend Group, a Warner Bros. Discovery company, in conjunction with BlackBerry Limited (NYSE:BB)(TSX:BB), whose BlackBerry QNX® technology is used by countless automakers around the world, announced today a Call for Entries for the third annual Software-Defined Vehicle (SDV) Innovator Awards, which celebrate the automotive industry's revolutionary transformation from hardware to software. After two groundbreaking years, MotorTrend is once again inviting the automotive industry to nominate exceptional individuals who are redefining how cars are designed, built, driven, and experienced.The SDV Innovator Awards is the first and only industry award program to celebrate the experts, leaders, and pioneers on the cutting edge of the massive disruption in the automotive marketplace. The future of mobility will be shaped by digital innovations powered by software that make our vehicles smarter, more connected, and more intuitive.The awards program bringing attention to SDVs has seen explosive growth since inception with nominations pouring in from global automakers and suppliers alike, resulting in world-renowned leaders receiving awards such as Sarah Tariq at Nvidia, Magnus Östberg at Mercedes-Benz AG and Doug Field at Ford. As the industry continues its evolution with new technologies like embedded AI behind the wheel, this year promises to be even more remarkable."Cars are evolving more rapidly than ever, with software and the features it delivers now key market differentiators," said MotorTrend Group Head of Editorial Ed Loh. "We're excited to kick off the third annual SDV Innovator Awards that pay homage to those who are making this extraordinary transition possible, from the imaginative work by the creative teams at automakers to the technical experts at automotive suppliers. We invite everyone to submit their nominations and showcase how outstanding individuals in their organizations are driving this revolution forward.""As we head into the third year of our collaboration with MotorTrend, QNX is as committed as ever to making a significant contribution to our shared global industry," said Carsten Hurasky, VP Marketing at BlackBerry QNX. "The SDV Innovator Awards program was established to recognize the outstanding individuals who have made significant contributions to the automotive industry through software and without a doubt, as we kick off the 2025 edition, there will be no shortage of visionary leaders to honor as the SDV revolution continues to advance."Underscoring the rapid transformations in SDVs over the past few years, MotorTrend has produced a sequel to the Coding the Car documentary that debuted in 2022. The new 26-minute investigative piece, Coding the Car 2.0, explores how Chinese automakers and others are embracing new technologies to help advance the next chapter of vehicle innovation.Coding the Car 2.0 also explores the consolidation taking place within the industry amidst global disruption, as the number of automotive brands has shrunk in China from more than 100 just eight years ago to fewer than half that number today. Finally, the documentary examines the vital importance of legacy automakers and brand affinity, pointing out that 15 of the top 20 electric vehicles sold around the world are made by companies that previously built gas-powered vehicles.Starting today, nominations are open for the following three SDV Innovator Awards categories:Pioneer: Recognizing individuals who have demonstrably broken new ground within the SDV space through research, development, and application of new automotive software.Leader: Honoring exceptional individuals in senior management positions who are leading teams that transform the automotive industry through the broad adoption and application of software solutions.Expert: Celebrating subject matter experts within specific SDV disciplines, such as AI, advanced driver assistance systems, digital cockpit, over-the-air updates, digital entertainment, autonomous technology, and more.Nominations may be submitted by visiting MotorTrend.com/SDVSurvey. MotorTrend's editorial team will conduct an exclusive and diligent screening process to identify the short list of finalists.Nominations will close at 11:59 p.m. PT on Friday, October 11. Finalists will be announced in November 2024. The winners will be unveiled by MotorTrend during a private VIP ceremony and gala event in conjunction with CES 2025 in Las Vegas on January 7.The third annual SDVI Awards will showcase the visionaries who are redefining automotive innovation and forming the next chapter of the 120-year-old automotive story. To learn more about the latest information and guidelines for the third annual Software-Defined Vehicle Innovator Awards, please visit blackberry.qnx.com/sdvawards.About MotorTrend GroupMotorTrend Group, a Warner Bros. Discovery company, is the world's largest automotive media group dedicated to introducing, inspiring, and intensifying people's passions for the motoring world. Comprising more than 50 iconic brands including MOTORTREND, HOT ROD, ROADKILL and more, MotorTrend Group is the ultimate source of entertainment and information for both auto enthusiasts and car shoppers, with a monthly audience over 30 million in addition to over 70 million social followers. Featuring world-class automotive entertainment across the No. 1 television network for automotive fans, digital streaming channels, iconic events, the largest automotive social network, category-leading podcasts, over seven decades of print and digital editorial content, and cutting-edge resources for new car shoppers, MotorTrend embodies every corner of car culture. From electric vehicles to timeless classic customs, MotorTrend Group brings the latest motoring trends to fans of all generations.About Warner Bros. DiscoveryWarner Bros. Discovery (WBD) is a leading global media and entertainment company that creates and distributes the world's most differentiated and complete portfolio of content and brands across television, film and streaming. Available in more than 220 countries and territories and 50 languages, Warner Bros. Discovery inspires, informs and entertains audiences worldwide through its iconic brands and products including: Discovery Channel, Max, discovery+, CNN, DC, Eurosport, HBO, HBO Max, HGTV, Food Network, OWN, Investigation Discovery, TLC, Magnolia Network, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros. Film Group, Warner Bros. Television Group, Warner Bros. Games, New Line Cinema, Cartoon Network, Adult Swim, Turner Classic Movies, Discovery en Español, Hogar de HGTV and others. For more information, please visit www.wbd.com.About BlackBerryBlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company's software powers over 235M vehicles. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety, and data privacy solutions, and is a leader in the areas of endpoint management, endpoint security, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust.For more information, visit BlackBerry QNX and follow @QNX NewsTrademarks, including but not limited to BLACKBERRY and EMBLEM Design, are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.MotorTrend Group:Scott Shaffstallscott.shaffstall@motortrend.comDrew MilfordDmilford@extensionpr.comArleigh DavisAdavis@extensionpr.comBlackBerry QNX:+1 (519) 597-7273mediarelations@BlackBerry.comSOURCE: BlackBerry QNX Copyright 2024 ACN Newswire via SeaPRwire.com.
