Tuesday, February 20, 2024

POLYPLASTICS AND SELEX MOTORS JOIN FORCES TO ADVANCE ELECTRIC TWO-WHEELER BATTERY COVERS

TOKYO, Feb. 20, 2024 /Kyodo JBN/--
 
Polyplastics Co., Ltd., a global leader in engineering plastics, is pleased to announce that its DURANEX(R) PBT has been selected for battery packs produced by Selex Smart Electric Vehicles Joint Stock Company (Selex Motors), an electric motorcycle start-up from Vietnam. Battery covers play a crucial role in EVs by providing safety and maintaining the integrity of the battery pack. They are also important for the overall functionality and attractiveness of electric two-wheelers, which ultimately contribute to the success of the EV market.
 
Photo: https://cdn.kyodonewsprwire.jp/prwfile/release/
M100475/202402136458/_prw_PI1fl_854RiOhq.jpg

 
Selex Motors has chosen Polyplastics’ DURANEX(R) PBT, which is specifically formulated and produced for this application to help the company improve the overall quality of its batteries. The advanced grade of DURANEX(R) PBT features flame retardancy, low warpage, and heat and moisture resistance. By integrating DURANEX(R) into its battery covers, Selex Motors is setting a higher standard for performance and reliability, ultimately contributing to a greener, more efficient and safer EV future.
 
Polyplastics and Selex Motors adhere to the highest industry standards, ensuring that battery covers meet strict quality benchmarks. DURANEX(R) PBT has been certified by Underwriters Laboratories Inc. (UL) with a V-0 rating, indicating its high flame retardancy. Furthermore, battery covers made with DURANEX(R) have exceeded the demanding requirements of the Vietnam National Standard System, and stringent international standards.
 
For more information, visit: https://www.polyplastics
-global.com/en/approach/26.html

 
About Selex Motors
Selex Motors was founded in 2018 in a 10-square-meter room with the goal of promoting the sustainable development of Vietnam and the world through smart electric cars and the incorporation of renewable energy into transportation. Selex stands for Smart Electric Vehicles X, and "X" signifies a vast future portfolio of electric vehicle models as well as the X factor. To encourage the use of this type of vehicle in Vietnam and Southeast Asia, the business has concentrated on developing a full ecosystem for smart electric motorcycles. Selex Motors is now the trusted EV partner of various delivery service firms such as Shopee, Lazada, and more, which represents a huge step in the green transportation industry. It demonstrates how technology can bring about beneficial, long-term improvements in the transportation business.
 
About Polyplastics: https://kyodonewsprwire.jp/attach/
202402136458-O1-1xn7N4X7.pdf

 
DURANEX(R) is a trademark of Polyplastics Co., Ltd. in Japan and other countries.
 
 
Source: Polyplastics Co., Ltd.  

http://mrem.bernama.com/viewsm.php?idm=48074

K1 INVESTMENT MANAGEMENT, LLC ("K1") STATEMENT REGARDING POSSIBLE OFFER FOR MARIADB PLC ("MARIADB")

POSSIBLE OFFER (RULE 2.4 ANNOUNCEMENT)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

THIS IS AN ANNOUNCEMENT UNDER RULE 2.4 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 (THE "TAKEOVER RULES") AND IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE TAKEOVER RULES. THERE CAN BE NO CERTAINTY THAT ANY OFFER WILL BE MADE, NOR AS TO THE TERMS ON WHICH ANY SUCH OFFER WILL BE MADE.

LOS ANGELES, Feb 19 (Bernama-GLOBE NEWSWIRE) -- K1 confirms that it made, on 15 February 2024, a non-binding proposal to the board of directors of MariaDB (the “Board”) to acquire, together with K1’s investment affiliates, all of the issued, and to be issued, share capital of MariaDB at a value of $0.55 per share (the “Possible Offer”). The terms of the Possible Offer represent:-

· a 189% premium to MariaDB’s closing share price on February 5, 2024, the last full trading day prior to the announcement by MariaDB of a potential forbearance agreement with RP Ventures LLC and Hale Capital Partners; and

· a 114% premium to MariaDB’s average closing share price of the last 30 calendar days.

K1 has a high regard for the MariaDB business and looks forward to engaging with MariaDB in connection with the Possible Offer.

It is intended that the proposed transaction would be effected by way of an Irish law scheme of arrangement whereby K1, or its affiliates, would acquire 100% of the issued shares of the Company. However, K1 reserves the right to implement the proposal, instead, by way of contractual offer. The form and/or mix of the offer consideration has not yet been determined.

There can be no certainty that any offer will be made, nor as to the terms on which any such offer might be made.

In accordance with Rule 2.6(a) of the Irish Takeover Rules, K1 must, by no later than 5.00 p.m. on 29 March 2024 either announce a firm intention to make an offer for MariaDB in accordance with Rule 2.7 of the Irish Takeover Rules or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Irish Takeover Rules applies. This deadline may be extended with the consent of the Panel in accordance with Rule 2.6(c) of the Irish Takeover Rules.

Pursuant to Rule 2.5 of the Irish Takeover Rules, K1 reserves the right to amend the terms of any offer (including making the offer on less favourable terms or at a lower value than US$0.55 per share):

Friday, February 16, 2024

OPENGEAR ENHANCES REMOTE ACCESS WITH SMART MANAGEMENT FABRIC (SMF) AND DYNAMIC ROUTING-BASED IP ACCESS





Provider of Smart Out of Band management adds Smart Management Fabric to its Lighthouse Automation Edition (AE) software solution.

EDISON, N.J., Feb 16 (Bernama-BUSINESS WIRE) -- Opengear, a Digi International Inc. company (NASDAQ, DGII, www.digi.com) and provider of secure and Smart Out of Band management solutions, today launched Smart Management Fabric, extending the value and functionality of Opengear’s Network Resilience platform with dynamic routing-based IP access.

This press release features multimedia. View the full release here: 
https://www.businesswire.com/news/home/20240215435727/en/
 

Lighthouse Automation Edition (AE) and Opengear's appliance software have been upgraded to include dynamic routing, allowing for a complete management network overlay. These updates enable users or machines, through automation or configuration tools, to connect to the resources they need to access or manage. They support a range of commonly used technologies such as the secure shell (SSH), hypertext transfer protocol (HTTP), graphic user interface (GUI), service processors (SPs), baseboard management controller (BMC), remote desktop protocol (RDP), network automation tools, and server management software for virtualized environments.

The new SMF is the outcome of countless hours of interaction and engagement with customers, alliances and collaborators. These exchanges have enabled Opengear to gain insight into how the latest market dynamics and technological advancements impact IT network and infrastructure management. These insights will drive the company's strategic direction for the next several years, starting with Smart Management Fabric.

SMF forms a unified management framework and makes Opengear’s network resilience platform valuable for the whole IT organization, from network engineers and system admins to support staff who need access to IP-based resources. These teams can now quickly provision and access their server-management tools as well as manage any IP-based physical or virtual resources. Additionally, network engineers can use their favorite automation tools to provision, monitor, and manage their IP endpoints at scale.

“At Opengear, we are committed to providing world-class solutions for secure and resilient access to connect, configure, or restore connected IT resources,” said Opengear President Gary Marks. “Opengear has once again redefined out of band management with SMF and routed IP-access. SMF allows customers to leverage the Opengear solution to deliver the best possible day 0/1 experience, becoming the basis to deploy, manage, and remediate connected network resources from anywhere.”

For more information, please reach out to Opengear’s sales team for a live demo and visit: https://opengear.com/products/lighthouse/.

About Opengear

Opengear, a Digi International company, delivers secure, resilient access and automation to support critical IT infrastructure on the First Day, Worst Day and Every Day. Through presence and proximity, Opengear solutions enable provisioning, orchestration, and remote management of network devices through innovative software and appliances. Opengear solutions are trusted by global organizations across financial, digital communications, retail, and manufacturing sectors. The company is headquartered in New Jersey, with an R&D center in Brisbane, Australia. For more information, visit www.opengear.com/.

About Digi International

Digi International (NASDAQ: DGII) is a leading global provider of business and mission-critical Internet of Things (IoT) connectivity products and solutions. We help our customers create next-generation connected products and solutions to deploy, monitor, and manage critical communications infrastructures and compliance standards in demanding environments with high levels of security, relentless reliability, and bulletproof performance. Founded in 1985, the company has helped customers connect more than 100 million things – and counting. For more information, visit www.digi.com, or call 877-912-3444 (U.S.) or 952-912-3444 (International). 

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ANAQUA LAUNCHES ANAQUAGOV PROVIDING ENHANCED SECURITY AND CONTROLS FOR MANAGING HIGHLY SENSITIVE IP DATA



New, secure U.S. environment launches with NIST SP 800-171 assessment in anticipation of future CMMC certification


BOSTON, Feb 16 (Bernama-GLOBE NEWSWIRE) -- Anaqua, the leading provider of innovation and intellectual property (IP) management technology, today announced the launch of AnaquaGov™, providing U.S. defense contractors and all other clients handling U.S. CUI (Controlled Unclassified Information) with a specialized environment to manage their highly sensitive IP data.

In making the announcement, Anaqua confirmed that the AnaquaGov enclave fully meets NIST SP 800-171 compliance requirements—the strict standards set by the U.S. National Institute of Standards and Technology for safeguarding sensitive information on federal contractors' IT systems and networks. This follows a review and validation of AnaquaGov by Schellman & Company, LLC, a leading CMMC third-party assessment organization (C3PAO). For this offering, Anaqua operates the AQX® IP Management System in the AnaquaGov enclave.

The development marks a significant step forward in Anaqua’s objective for AnaquaGov to obtain Cybersecurity Maturity Model Certification (CMMC)—the new standard designed to improve the cybersecurity readiness of businesses that work with the U.S. Department of Defense (DoD)—once the standard is finalized, and certifications are generally available.

Anaqua CEO Bob Romeo said: “At Anaqua, we pride ourselves on the security of our IP platform and the integrity of our data management, and we are delighted to have that further validated by Schellman. AnaquaGov represents another layer of security for our clients managing the most sensitive U.S. data and complements our ISO 27001, ISO 9001 and SOC 2 Type 2 certifications and global security programs. Through AnaquaGov, we now support client entities in managing their IP portfolios to the levels of security required by DoD. We are looking forward to CMMC certifications being available in the near future and we are ready.”

Anaqua CIO Erik Bailey further explained: “Many companies today that manage Controlled Unclassified Information—frequently under export control regulations—simply do not have access to a secure platform to perform their duties in a compliant manner. Through AQX hosted within the AnaquaGov enclave, we provide a comprehensive solution to entities that have, or suspect they have, CUI. These clients can carry out their responsibilities, securely, in an environment that has been independently assessed against stringent NIST controls and that is aligned with upcoming CMMC requirements.”

About Anaqua

Anaqua, Inc. is a premier provider of integrated intellectual property (IP) management technology solutions and services for corporations and law firms. Its IP management software solutions, AQX® and PATTSY WAVE®, both offer best practice workflows with big data analytics and tech-enabled services to create an intelligent environment designed to inform IP strategy, enable IP decision-making, and streamline IP operations, tailored to each segment’s need. Today, nearly half of the top 100 U.S. patent filers and global brands, as well as a growing number of law firms worldwide use Anaqua’s solutions. Over one million IP executives, attorneys, paralegals, administrators, and innovators use the platform for their IP management needs. The company’s global operations are headquartered in Boston, with offices across the U.S., Europe, Asia, and Australia. For additional information, please visit anaqua.com, or on Anaqua's LinkedIn.

Company Contact:

Amanda Glagolev
Director, Communications
Anaqua
617-375-5808
aglagolev@anaqua.com  


SOURCE : Anaqua Inc

Thursday, February 8, 2024

Medidata-Sanofi Vaccines Extended Alliance Enhances Patient Centricity, Trial Efficiency

KUALA LUMPUR, Feb 7 (Bernama) -- Medidata, a Dassault Systèmes company, has announced a collaboration with Sanofi Vaccines to harness Medidata electronic Clinical Outcome Assessment (eCOA) to deploy in vaccine studies.

According to a statement, this builds on Medidata and Sanofi’s longstanding, successful experience using Medidata Rave electronic data capture (EDC).

“At Medidata, we put the patient at the core of all of our work, and collaborating with Sanofi, who share this ethos, helps improve patient experience, the monitoring of patients in current studies, and accelerate study timelines and efficiencies in future studies,” said Medidata Patient Cloud chief executive officer, Anthony Costello.

The collaboration will use an eDiary function within eCOA to create an eDiary library specific to Sanofi’s vaccines, in which the library will accelerate future study set-up times, improve efficiency, and increase data quality, while ensuring patients have access to eDiaries that are easy to use.

Sanofi has chosen to adopt eCOA’s capabilities in its vaccine studies, optimising the patient clinical journey by reducing on-site monitoring and allowing patients to input data in real time from any location.

Pilots of eCOA were performed in six vaccine studies and demonstrated high levels of patient compliance, providing highly reliable data.

As a result, the collaboration has since moved out of the pilot phase, with eCOA being deployed across a pipeline of Sanofi’s vaccine clinical trials.

Built as part of the unified Medidata Platform, eCOA is a full-service offering revolutionising the way sponsors, contract research organisations, and sites collect data from patients, physicians as well as caregivers.

A provider of clinical trial solutions to the life sciences industry, Medidata is powering smarter treatments and healthier people through digital solutions to support clinical trials.

-- BERNAMA

Wednesday, February 7, 2024

PACIFIC PRIME COMPLETES MALAYSIA’S MIT INSURANCE BROKERS ACQUISITION



KUALA LUMPUR, Feb 7 (Bernama) -- Global insurance brokerage Pacific Prime has fully acquired MIT Insurance Brokers Sdn Bhd, Malaysia’s insurance brokerage firm specialising in risk management, insurance, and reinsurance.

“Malaysia is an exciting country for us to expand our operations. With the integration of MIT Insurance Brokers, we will bring together a team of established and experienced personnel to provide innovative and strategic solutions both within and outside of the region.

“This is of utmost importance in light of the numerous global regulatory and technological changes taking place,” said Pacific Prime Chief Executive Officer, Neil Raymond in a statement.

Meanwhile, MIT Insurance Brokers Director, Shahrizal Shahruddin said: “This acquisition happens at an opportune time for us to showcase what we are capable of together. MIT Insurance Brokers has been in the market for over 50 years, and I hope we carry on this momentum.”

With unwavering dedication to providing exceptional service, MIT has been at the forefront of Malaysian property and casualty, financial lines, and employee benefits solutions since 1973.

Pacific Prime’s merger with MIT Insurance Brokers heralds a new age of broker unity, where insurance is simplified, streamlined, and client-centric in the face of evolving challenges.

Among Pacific Prime's 15 offices globally, MIT Insurance Brokers will operate as part of Pacific Prime Consultants Malaysia, a fully-licensed client service point that provides localised products as well as flexible benefits administration and servicing within the region.

In the coming weeks, it is anticipated that MIT’s staff will continue their journey onboard the Pacific Prime flagship with the shared goal of simplifying insurance.

-- BERNAMA

Sunday, February 4, 2024

THE SANBORN MAP COMPANY, INC. EXPANDS GLOBAL PRESENCE WITH LAUNCH OF SANBORN GEOPHYSICS, ULC

COLORADO SPRINGS, Colo., Feb 2 (Bernama-GLOBE NEWSWIRE) -- The Sanborn Map Company, Inc. is pleased to announce the establishment of its Canadian subsidiary, Sanborn Geophysics, ULC located just outside of Toronto. Sanborn Geophysics will focus on geophysical survey services and equipment sales, opening a new market to Sanborn.

With a commitment to advancing geospatial data collection and aerial survey capabilities, Sanborn Geophysics builds upon Sanborn's extensive geospatial data expertise. John Copple, CEO of Sanborn, remarked, "The creation of Sanborn Geophysics expands Sanborn’s already extensive geospatial data collection and aerial survey capabilities. We’re uniquely positioned to not only collect specialized data but to do so with our own state-of-the-art equipment."

Sanborn Geophysics was enabled by the purchase of assets from Nuvia Dynamics, Inc. Sanborn was also able to hire employees who have a proven track record in geophysics survey technology to staff Sanborn Geophysics. Some of Sanborn Geophysics employees have over 25 years of experience and previously worked for Nuvia Dynamics Inc (formerly known as Pico Envirotec Inc). Both prior companies have a distinguished record of accomplishment in developing geophysics survey technologies for mineral/oil exploration and geotechnical applications. Sanborn was supported by The Environmental Financial Consulting Group, LLC (EFCG). Terms were not disclosed.

"Sanborn Geophysics will create new opportunities for the company both domestically and internationally. This investment is to provide the best geospatial solutions for our clients," said Copple. 

Saturday, February 3, 2024

COLOSSAL CAVERNS EXCAVATION FOR FERMILAB’S DUNE EXPERIMENT COMPLETES

KUALA LUMPUR, Feb 2 (Bernama) -- The excavation of the caverns that will house the gigantic particle detectors of the Deep Underground Neutrino Experiment (DUNE) in Lead, South Dakota, United States (US) has completed.

According to the US Department of Energy’s Fermi National Accelerator Laboratory (Fermilab) in a statement, final outfitting of the colossal caverns will begin soon and make way for the start of the installation of the DUNE detectors later this year.

Fermilab’s Michael Gemelli, who managed the excavation of the caverns by Thyssen Mining said: “The completion of the three large caverns and all of the interconnecting drifts marks the end of a really big dig. With no lost-time accidents in over three years, we reached a major achievement.”

Meanwhile, US Project Director Chris Mossey said completing this step prepares the project for installation of the detectors later this year and brings them a step closer towards fulfilling the vision of making this a world-class underground facility.

Located a mile below the surface, the three colossal caverns are at the core of a new research facility that spans an underground area about the size of eight soccer fields.

The caverns provide space for four large neutrino detectors, each one about the size of a seven-story building and the detectors will be filled with liquid argon and record the rare interaction of neutrinos with the transparent liquid.

The DUNE collaboration, which includes more than 1,400 scientists and engineers from over 200 institutions in 35 countries, is eager to start the installation of the particle detectors.

They have successfully tested the technology and assembly process for the first detector and preparations for the technology of the second detector are underway at the research laboratory of European Organization for Nuclear Research (CERN).

-- BERNAMA

Thursday, February 1, 2024

EXPEREO’S ENHANCED INTERNET DRIVES APPLICATION PERFORMANCE, BETTER USER EXPERIENCES

KUALA LUMPUR, Jan 31 (Bernama) -- Expereo has launched its Enhanced Internet service, the first and only artificial intelligence (AI)-driven solution that continually monitors the 100,000 networks that make up the internet and predicts the best performing route for companies’ network traffic.

According to Expereo in a statement, its Enhanced Internet can decrease traffic latency across the internet by up to 85 per cent, reduce packet loss up to zero per cent and ensure application performance is operating at peak performance.

“At Expereo, we are already using our latest AI solution, Enhanced Internet, to lift several customers into the internet age of enhanced connectivity, with very positive results and have big plans to elevate even more global enterprises into this new era of AI internet connectivity over the coming year,” said its Chief Product Officer, Sander Barens.

Despite large investments into Cloud first strategies and Software as a Service (SaaS) applications, many enterprises are still experiencing inconsistent network performance that impacts employees productivity and experience.

Enhanced Internet tackles this issue by improving the consistency and quality of application performance and enables businesses to get the most from their investments in cloud and SaaS strategies.

Enhanced Internet’s AI capabilities means that customers can experience the agility and accessibility of the public internet, combined with the reliability and consistent performance levels typically expected from a private network or Multiprotocol Label Switching (MPLS) solution.

Expereo’s proprietary AI software does this by combining AI with Machine-Learning to intelligently and proactively route network traffic over the best possible path.

For customers, the knowledge extends to predictive routes for specific situations by learning the most common traffic paths for their applications and therefore being ready to predict the path before the traffic is sent.

-- BERNAMA