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Archive for January 11th, 2016

Siklu Boosts Wireless Backhaul at World Leading Resort

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-Siklu was chosen by Aspen Wireless to deliver Wi-Fi backhaul and enable interference-free video surveillance. Siklu’s mmWave Gbps radios extend fiber reach for the municipal network at Vail, Colorado – one of the largest ski resorts in the world.

FAIR LAWN, N.J. /PRNewswire/ — Siklu Communication Inc., the global market leader in millimeter-wave radios, today announced that its 60GHz and 70/80GHz wireless radios were deployed to enable gigabit wireless backhaul and to cost-effectively extend the town of Vail’s underground fiber infrastructure for communication and surveillance.

Siklu backhauls Hybrid HD-CCTV and Wi-Fi services in Vail, Co
Siklu backhauls Hybrid HD-CCTV and Wi-Fi services in Vail, Co

Photo – http://photos.prnewswire.com/prnh/20160106/319713

One of the largest ski resorts in the world and a prime venue for concerts and music festivals, Vail has almost 2 million visitors a year. Details such as security, capacity-rich Wi-Fi, and environmental aesthetics are of utmost importance, but also a tall order in this challenging geography with its advanced infrastructure. The town’s underground fiber optics connect the town buildings, facilities and surveillance cameras, and Ruckus Wireless access points deliver advanced, high-speed free Internet.

Aspen Wireless sought a wireless solution to extend the reach of the municipal fiber network, as in many locations, terrain challenges made fiber laying a physical impossibility. The solution needed to provide copious amounts of bandwidth without congesting the Wi-Fi service. The town was also looking to add new megapixel cameras and to upgrade analog surveillance cameras to IP.

“Who cares about 100’s of megabits when everyone wants Gigabit,” said Jim Selby, Aspen Wireless Technologies, Inc., when considering a solution for the town’s wireless POPs that are connected to a 10Gbps backbone. Selby selected Siklu’s mmWave radios to deliver interference-free Gbps to futureproof Wi-Fi and CCTV services, and enable speedy and foolproof recovery. Aspen Wireless deployed the links within days and were delighted with the ease and speed of installation “Siklu’s solution is just so easy to deploy,added Selby.

With its diminished latency, and interference-free Gigabit capacity, Siklu backhauled the selected cameras; SurroundVideo®, cutting edge, multi-sensor panoramic cameras from Arecont Vision, and HD megapixel dome cameras from Axis Communications, to provide high resolution video surveillance. Aspen Wireless integrated the new cameras with Milestone’s Xprotect® Expert version VMS to create a reliable surveillance network ready to handle today’s and tomorrow’s challenges.

Today, the Vail network utilizes 60, 70/80GHz frequencies for wireless backhaul, with the whole of the 2.4GHz and 5GHz spectrum free to service end-user Wi-Fi devices. The network reaches speeds and performance quality far beyond expectations. Wireless backhaul capacity has soared from 20-50Mbps to Gbps and the new cameras have improved video quality from low-rate standard resolution to multiple megapixels at 30fps. Ruckus ZoneFlex™ 7762 outdoor dual-band Wi-Fi access points and ZoneFlex 7782 Series carrier-class 3×3:3 2.4/5 GHz outdoor APs, featuring integrated antennas with patented BeamFlex™ technology for unprecedented performance in high-density, high-capacity applications, perform at top throughputs of over 100Mbps per end user device, while apps run without a snag.

About Siklu
Siklu delivers a diverse range of products with up to 2Gbps capacity millimeter wave wireless connectivity operating in the 60, 70/80 GHz bands. Its millimeter wave technology is the prime choice of leading integrators, service providers and video surveillance and mobile network operators worldwide. With maximal availability and minimum footprint, thousands of carrier grade units delivering interference-free performance have been successfully deployed. Siklu’s innovative all-silicon design has dramatically reduced prices and effectively opened the market for ultra-high capacity wireless links. Siklu’s palm-sized radios provide reliable street level and rooftop connectivity solutions for diverse urban, security and enterprise networks. Siklu solutions have proved to be ideal for networks requiring fast and simple deployment of secure, fiber-like, high capacity and futureproof connectivity. For additional information visit www.siklu.com.

About Aspen Wireless
Aspen Wireless is a network-centric technology company and systems integrator that maintains a distinctive focus on bridging physical and logical security. Aspen Wireless designs, builds, manages and maintains secure computer networks, particularly those with a strong relationship to network IP controlled security devices. Aspen Wireless designs, build and maintain related equipment, including surveillance cameras (PTZ, IR, thermal, etc.), entry/egress access control, sensors, laser detection devices, video management software and analytics, and other associated technologies.

Ruckus, Ruckus Wireless and ZoneFlex are trademarks of Ruckus Wireless, Inc. in the United States and other countries.

Press Contacts

Catherine Berce                     

                   Ruth Reiner

Eclipse Media Group                      

                   Director of Marketing, Siklu

cberce@eclipsemediagroup.net                

                   ruth.r@siklu.com

Photo – http://photos.prnasia.com/prnh/20160106/8521600077

Source: Siklu Communication
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Written by asiafreshnews

January 11, 2016 at 5:34 pm

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ExaGrid Posts Record Year in 2015 with Double-Digit Growth and Cash-Positive Status

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-Largest independent backup storage provider continues momentum with another year of record top line sales results and year over year double-digit growth

WESTBOROUGH, Mass./PRNewswire/ — Revolutionary backup storage provider ExaGridannounced today that it had a record year in 2015 and grew over 20% from 2014 to 2015. ExaGrid was cash positive for all four quarters in 2015 and for the year, and has been cash positive for eight consecutive quarters. The company is consistently ranked “best at disk-based backup storage with deduplication” by leading experts and as the only vendor in the “Visionary” quadrant in the 2015 Gartner Magic Quadrant for Deduplication Backup Target Appliances1 is positioned for an even more successful year in 2016. ExaGrid is growing faster than the overall disk-based backup storage with data deduplication market and is gaining market share.

As the only provider of backup storage with data deduplication with a unique landing zone and scale-out architecture, ExaGrid offers the industry’s fastest backups; the fastest restores, recoveries, and offsite tape copies; VM boots in seconds to minutes; and permanently fixes the backup window length as data grows. ExaGrid also eliminates the forklift upgrades and product obsolescence of the big backup storage vendors.

Turning it up in 2015, ExaGrid highlights include:

  • Record top line bookings and revenue year
  • Over 20% top line growth compared to 2014
  • All four quarters of cash positive operation
  • Strong growth in six-figure new customer opportunities
  • ASP increased by 40% due to ExaGrid moving up market to larger terabyte data centers
  • Surpassed 10,000 appliances sold
  • Increased the scalable backup storage GRID to ingest a one petabyte full backup
  • The only vendor in the “Visionary” quadrant in the 2015 Gartner Magic Quadrant for Deduplication Backup Target Appliances1
  • Integrated with Oracle RMAN Channels for performance balancing and failover
  • Shipped the integrated Veeam Accelerated Data Mover with ExaGrid appliances
  • Significant expansion of the sales organization in EMEA

“ExaGrid continues to move up market into more enterprise accounts, now selling into both the mid-market and enterprise,” said Bill Andrews, CEO of ExaGrid. “ExaGrid has the only solution that can keep up with IT environments that need fast ingest, a fixed-length backup window as data grows with fast restores and offsite tape copies, and VM boots in seconds to minutes. Virtualization has changed backup from merely restoring data to booting entire machines, and only ExaGrid’s landing zone and scale-out architecture can meet the new requirements.”

Vendors such as EMC Data Domain deduplicate data inline, which slows backups down and expands the backup window as data grows. In addition, requests for data restores are slow since the other vendors store only deduplicated data, which needs to be rehydrated for each request. Compared to EMC Data Domain, ExaGrid provides five times the restore, offsite tape copy, and VM boot performance (seconds to minutes vs. hours for EMC); keeps the backup window fixed as data grows; and provides ingest speed of almost four times that of EMC Data Domain.

“Backup storage with data deduplication is an over $3B market segment and, as result, ExaGrid has a lot of room to grow,” said Andrews. “We are hiring sales staff worldwide as quickly as we can.”

ExaGrid’s customers have tens of terabytes of data upwards to petabytes of data and typically deploy a second site ExaGrid appliance for disaster recovery.  ExaGrid’s market is well above the SMB market where customers typically have less than 10TB of data and use a cloud solution for disaster recovery. ExaGrid’s customers use their own second data center for lower cost, high security, and fast recovery from site disasters.  “Although the cloud is good for archive data, is it not conducive to backup data as it is too expensive, too slow, not secure, and virtually impossible to recover,” said Andrews.

A Year of Technological Innovation — Oracle Database Backups

ExaGrid supports Oracle RMAN Channels targeted at multiple NAS shares across multiple appliances in a scale-out GRID. RMAN Channels automatically writes “sections” in parallel to all NAS shares and automatically redirects the next “section” based on available targets. RMAN Channels with ExaGrid has five major advantages:

  • The Oracle database can be hundreds of terabytes in size and can be backed up in parallel to a single ExaGrid scale-out GRID.
  • The database backup performance is accelerated as the sections are backed up in parallel across multiple appliances in a scale-out GRID.
  • If any appliance in a GRID fails, the segments are automatically redirected to the active appliances, providing for automatic failover – which allows database backups to occur if an appliance fails.
  • The most recent database is stored in an undeduplicated form in the ExaGrid landing zone allowing for the fastest restores while still allowing for storage efficiency as all long-term retention data is stored in deduplicated form. This avoids the lengthy data rehydration process of inline scale-up appliances that only store deduplicated data.
  • As the database data grows, the backup window stays fixed in length as full appliances are added into a scale-out GRID bringing compute with capacity. This eliminates the forklift upgrades associated with inline scale-up deduplication appliances.

Praise from the Experts

ExaGrid continues to receive accolades from renowned industry experts like Gartner and Storage Switzerland. Gartner positioned ExaGrid as the sole company in the Visionary quadrant of the 2015 “Magic Quadrant for Deduplication Backup Target Appliances.” 1  Gartner defines “visionaries” as companies that deliver innovative products with capabilities that are often ahead of the mainstream in the market.  George Crump, President, Founder and Lead Analyst of Storage Switzerland comments on ExaGrid’s recent v4.9 release: “Most solutions cannot take in a single multi-hundred terabyte Oracle RMAN backup. Most other backup architectures have a single front-end controller with scale-up disk shelves, and if the controller fails, all backups fail. But with ExaGrid, if there are eight appliances in a GRID and one fails, Oracle RMAN channels will redirect the backups to the remaining seven operational appliances so that backups can continue uninterrupted. This is critical for Oracle environments since a missed nightly backup can cause a lot of IT disruption the next day.”

In 2015, ExaGrid won numerous awards, including Computer Technology Review and IT Security Journal’s MVP (Most Valuable Product) award.  Kim Kay, Associate Publisher & Editor-in-Chief of WestWorldWide, LLC included ExaGrid in its “elite group of innovative technology solutions that represent the standout leaders in their respective categories — solutions which we think should be at the top of every IT professional’s evaluation shortlist.”

Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About ExaGrid
Organizations come to us because we are the only company that implemented deduplication in a way that fixed all the challenges of backup storage. ExaGrid’s unique landing zone and scale-out architecture provides the fastest backup — resulting in the shortest fixed backup window, the fastest local restores, fastest offsite tape copies and instant VM recoveries while permanently fixing the backup window length, all with reduced cost up front and over time. Learn how to take the stress out of backup at www.exagrid.com or connect with us on LinkedIn. Read howExaGrid customers fixed their backup forever.

ExaGrid is a registered trademark of ExaGrid Systems, Inc. All other trademarks are the property of their respective holders.

1

Gartner “Magic Quadrant for Deduplication Backup Target Appliances” by Pushan Rinnen, Dave Russell and Robert Rhame, September 25, 2015.

PR Contact:
Christine Murphy
ExaGrid
cmurphy@exagrid.com
774-760-0248

Logo – http://photos.prnewswire.com/prnh/20151117/288171LOGO

Source: ExaGrid
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Written by asiafreshnews

January 11, 2016 at 5:20 pm

Posted in Uncategorized

K-Swiss Global Brands (KSGB) Restructures Leadership Announces Barney Waters As K-Swiss Brand President

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WESTLAKE VILLAGE, Calif. /PRNewswire/ — Multi-brand lifestyle company K-Swiss Global Brands (KSGB), a division of E-Land Group and owners of K-Swiss, Palladium, PLDM, OTZ Shoes, SUPRA Footwear(SUPRA) and KR3W Denim Co. (KR3W), has announced a restructure in its leadership team. Effective today,Truman Kim, Chairman of KSGB will become Chairman & CEO as Larry Remington, who served as KSGB President and CEO for the past two years, retires. KSGB will move toward a brand-specific leadership model with a dedicated brand leader.

Logo – http://photos.prnewswire.com/prnh/20160105/319518LOGO

Also effective today, is Barney Waters’ appointment to Brand President of K-Swiss. In his previous role as CMO of KSGB, Waters built brand and marketing strategies for all brands. In his new capacity, he will focus on all aspects of the storied K-Swiss brand specifically.

“We are grateful for Larry’s service and his contributions to creating this dynamic multi-brand company,” commented Kim. “Under this new model, we feel that we will have more focused attention on each brand while continuing to leverage our shared services on the back-end such as IT, finance, accounting and operations. We look forward to optimizing our efficiencies, achieving scale and profitability to better serve our customers.”

KSGB is a division of E-Land Group, a $10 billion group of companies with over 200 brands, 10,000 retail stores and business across apparel, footwear, retail, hotels, leisure and entertainment.

About K-Swiss Global Brands (KSGB)
K-Swiss Global Brands is a division of E-Land Group serving as E-Land’s base of operations in the Americas and EMEA. KSGB owns a growing portfolio of leading, global lifestyle brands including K-Swiss, Palladium, PLDM, OTZ Shoes, SUPRA Footwear and KR3W Denim Co. The company is globally headquartered in Westlake Village, CAwith offices in Toronto, , Haarlem, Lyon, Barcelona, Sydney, Dongguan, Hong Kong and Taipei. KSGB conducts business in more than 100 countries worldwide and will operate up to 500 proprietary retail stores globally by Q1 2016.

About E-Land Group
Established in 1980 in Korea, E-Land has grown to become one of the largest South Korean conglomerates, primarily specializing in fashion and retail distribution.  E-Land is Korea’s first and largest integrated fashion and retail company with operations spanning nine different countries across three continents, including Korea, China,India, the United States, Italy and the United Kingdom. Comprised of over 60 affiliated entities, the Company offers close to 200 brands and operates more than 10,000 stores worldwide, recording approximately US$ 10 billion of revenues in 2014.  In addition to K-Swiss Global Brands, E-Land’s newer businesses include restaurants, construction and leisure. The Company is actively involved in community service both locally and worldwide through its own E-Land Foundation, being one of the most civically active corporations in Korea, India, Vietnam and China.

MEDIA CONTACT:
Turner PR | Mariana DiMartino
m. +1-917-536-5411 | mariana.dimartino@turnerpr.com

Source: K-Swiss Global Brands
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January 11, 2016 at 4:52 pm

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Nordic Power Converters Bags Key Award from Frost & Sullivan for its Game-changing LED Drivers

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-The company’s premium LED drivers decrease size, increase LED life, reduce carbon footprint and significantly improve returns

MOUNTAIN VIEW, Calif. /PRNewswire/ — Based on its recent analysis of the power converter market, Frost & Sullivan recognises Nordic Power Converters (NPC) with the 2015 European Frost & Sullivan Award for Early Stage Investment Opportunity. Light-emitting diodes (LED) are known to have high longevity and to be very small size. However, the power converters powering the LEDs (LED drivers) have significantly lower longevity than LEDs and have a size out of proportion to the LEDs. NPC’s disruptive technology addresses this with LED drivers that are up to five times smaller and last two to five times longer than currently available models.

Nordic Power Converters
Nordic Power Converters

NPC’s LED drivers are set to redefine the market standard for size and longevity enabling LED brands to offer users significantly better LED products than was possible before, thus substantially improving value for end-users. The enhanced longevity and reliability of LED drivers translates into lower cost of maintenance and repair, and in turn, higher return on investments for users. The smaller form factor translates into new design possibilities. Further, NPC’s LED drivers bring several additional benefits to the table, including higher dimming efficiency and faster transient response.

“NPC’s LED drivers open up a whole new vista of design options for LED products,” said Frost & Sullivan Senior Consultant Vinod Cartic. “For instance, the thin profile and slim dimensions of NPC’s drivers facilitate the development of next-generation flat screen televisions.”

The company’s consistent and pioneering performance can be attributed to the number of individual achievers and institutional investors that support its business model. In its first round of funding, NPC received more than $2 million from a venture capitalist and a string of 10 prominent business angels.

Beyond funding, NPC has secured access to important intellectual property rights from the Technical University of Denmark (DTU) through a technology transfer agreement. It also has several patents filed as well as in the pipeline waiting for approval. This strong technology and intellectual property gives the firm an undisputed competitive advantage in the power converter market.

“In contrast to competitors that have been targeting the global market at one go, NPC plans to achieve significant brand recognition in a given market before making its entry into another region,” noted Cartic. “While NPC’s geographic focus has, initially, centred on the well-established markets in Europe and the United States, it is looking to diversify into the more price-sensitive Asian region.”

With bold expansion strategies, product differentiation capabilities and its commitment to ensuring customer satisfaction in a premium segment, the organisation’s strong footing in the power converter market comes as no surprise.

Each year, Frost & Sullivan presents this award to the company that has demonstrated strength of intellectual property, industry experience, a successful track record and proven product differentiation capabilities. It has a strong funding history, expansion strategies, and has grown significantly and positioned itself strategically in the market.

Frost & Sullivan’s Best Practices Awards recognise companies in a variety of regional and global markets for outstanding achievement in areas such as leadership, technological innovation, customer service, and product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research.

About Nordic Power Converters

Nordic Power Converters has developed a power converter that is five times smaller and lighter and has two to five times longer lifetime than current power converters. This technology breakthrough is known as Very High Frequency Switch Mode Power Supplies (VHF SMPS). LED lighting products are powered by electrical power converters (LED drivers), but traditional power converters often cause LED products to fail long before the expected lifetime. Further, traditional power converters are bulky and prevent novel designs of LED products. Nordic Power Converters’ technology will set a new market standard for high quality, long-lived and reliable LED drivers and additional applications, leaving a greener footprint.

Nordic Power Converters sells LED drivers to agile LED fixture manufacturer that produce quality LED luminaires in significant numbers. The team works closely with its business partners to supply high-end LED drivers with optimal specifications for the needs of their end-users.

Contact:

Mickey Madsen
CEO and co-founder
M: +45 5050 6000
E: mickey@nopoc.com

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies? Contact us: Start the discussion.

Contact:

Chiara Carella
Corporate Communications — Europe
P: +44 (0) 20 7343 8314
M: +44 (0) 753 3017689
E: chiara.carella@frost.com

Photo – http://photos.prnasia.com/prnh/20151224/8521508797

Source: Frost & Sullivan
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January 11, 2016 at 4:43 pm

Posted in Uncategorized

Singapore Airlines Upgrades Boeing 777 EFB To The Astronautics BP4 EFB

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-New EFBs will provide reduced operating costs and are a form-fit-function replacement for existing 777 EFBs

MILWAUKEE /PRNewswire/ — Astronautics Corporation of America announced that Singapore Airlines (SIA) will upgrade its fleet of Boeing 777 airplanes with Astronautics’ Block Point 4 (BP4) Electronic Flight Bag (EFB).

Photo: http://photos.prnewswire.com/prnh/20160104/319106
Logo: http://photos.prnewswire.com/prnh/20160104/319107LOGO

“The newer EFB will enable the storage of more information including detailed charts, maps, documents and databases, allowing operators to enhance airplane performance and improve operational efficiency,” said Larry Levine, vice president, Business Development, Airlines and OEMs. “With the expanded performance of the Central Processing Unit, operators can continue to add new applications as they are developed. Additionally, the enhancements made to the BP4 EFB have provided a significant improvement to the mean time between failures (MTBF) making it one of the most reliable avionics systems fielded today, reducing total operating costs by over 50% for an airline.”

The EFB is a form-fit-function replacement for the existing Astronautics BP3 EFBs on SIA’s Boeing 777 and can be installed overnight.

“There are no changes to wiring or power requirements, no changes to the avionics rack or cooling requirements, and just minimal training required for pilots and maintenance personnel. This upgrade will give SIA a common configuration across its 777 fleet and is readily compatible with airline operating systems and infrastructure,” Levine added. Deliveries of the Astronautics BP4 EFBs to SIA began in early December.

Astronautics has been providing EFBs to the airline industry since it first introduced the product line nearly 15 years ago in conjunction with The Boeing Company. Astronautics’ BP4 EFB is standard equipment on 787 airplanes and a frequently selected option for Boeing 777 operators, as well as 747-8 and 737 operators worldwide.

About Astronautics Corporation of America:
Astronautics Corporation of America, headquartered in Milwaukee, Wisconsin, is a global leader in the design, development and manufacture of avionics equipment and systems for the commercial and military aerospace industry. Key product areas include electronic primary flight displays, engine displays, mission computers, electronic flight bags and certified servers for airborne applications. Services include system integration and custom software for critical applications. Since its founding in 1959, Astronautics has been providing tailored engineering solutions to help clients achieve mission success. For more: www.astronautics.com.

Source: Astronautics Corporation of America

Written by asiafreshnews

January 11, 2016 at 4:35 pm

Posted in Uncategorized

BioAtla And Sinobioway Select First Programs For Strategic Collaboration In China Market

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-BioAtla receives $19 million in first program payments plus equity

SAN DIEGO /PRNewswire/ — BioAtla LLC, a global biotechnology company focused on the development of Conditionally Active Biologic (CAB) antibody therapeutics, today announced that BioAtla and Beijing Sinobioway Group Company, Limited (Sinobioway) selected their first product programs for development.  In May 2015, BioAtla and Sinobioway entered into a strategic collaboration for the development and commercialization of select CAB antibodies and other CAB-based therapeutics in China, Hong Kong, Macau and Taiwan (the Territory). Related to and as a result of this agreement, BioAtla received a previously reported $30 million equity investment from a China-based investor group.  BioAtla now receives $19 million in program payments plus equity investment from Sinobioway as a result of the selection of the first CAB candidates and achievement of other corporate objectives. Including these funds, BioAtla will receive a total of more than $70 million in program payments and equity investment from Sinobioway over the course of the next twelve months.

BioAtla and Sinobioway are working collaboratively to develop several CAB candidates for the Territory.  As part of the agreement, Sinobioway has exclusive rights to develop and commercialize selected CAB antibodies in the Territory and BioAtla retains the rest of world (ROW) rights to these products.  Sinobioway will fund the development, manufacturing, clinical trials and commercialization costs in the Territory and is committed to making recurring product development payments to BioAtla for additional CAB candidates.  BioAtla is further eligible to receive certain milestone payments and double-digit royalties on sales.

This strategic collaboration is the keystone of BioAtla’s long-term plans to address the growing high demand for innovative therapeutic products in the China pharmaceutical market. BioAtla’s patent protected Conditionally Active Biologics platform represents a disruptive technology for the development of a powerful new class of immunotherapeutics that are activated in selected microenvironments within the body, such as those indicative of cancerous tumors. CABs can be generated in several different formats including naked monoclonal antibodies (mAbs), antibody drug conjugates, immune checkpoint inhibitors, bispecific antibodies, and chimeric antigen receptor (CAR) T cells.

“BioAtla’s strategy is to broadly and rapidly pursue novel therapeutic products based on our patented CAB and other proprietary technologies,” said Jay M. Short, Ph.D., president, chief executive officer and chairman of the board of BioAtla. “China is an immensely important opportunity for CABs and we are excited to be working with Sinobioway with its demonstrated commitment and strong capabilities to execute and to fulfill our mutual goals. Since BioAtla’s founding in 2007, we have utilized our San Diego and Beijing development and operations capabilities to successfully develop dozens of protein products under contract and shared development. We will continue to build upon our drug development experience to pursue the great prospects of the CAB platform for our collaboration with Sinobioway, as well as for our collaboration with Pfizer that we announced last month on December 8, and for our portfolio of proprietary CAB products.”

“Conditionally Active Biologics is an innovative and breakthrough technology to develop the new class of immuno-oncology therapeutics,” said Dr. Pan Aihua, chairman of Sinobioway.  “The CAB technology and its prospects will be important elements in Sinobioway’s mission to advance science and industrial development, and improve health in China through creating and delivering safer and more effective medicines to patients.”

About Conditionally Active Biologics (CABs)

Conditionally Active Biologic proteins are generated using BioAtla’s proprietary protein evolution and expression technologies. These proteins can be mAbs, enzymes and other proteins designed with functions dependent on changes in microphysiological conditions (e.g., pH level, oxidation, temperature, pressure, presence of certain ions, hydrophobicity and combinations thereof).

Studies have shown that cancerous tumors create highly specific conditions at their site that are not present in normal tissue. These cancerous microenvironments are primarily a result of the well understood unique glycolytic metabolism associated with cancer cells, referred to as the Warburg Effect, which was first described in the early 1900’s and is the basis of the widely-used PET scan cancer detection method today. CAB-designed mAbs can be programmed to deliver their therapeutic payload and/or recruit the immune response in specific and selected locations and conditions within the body. CABs increase safety because the drug’s activation depends on its presence in a particular cellular microenvironment thereby preferentially binding to its intended target protein in the area of disease. In addition, the activation is reversible and can repeatedly switch ‘on and off’ should the CAB product move from a diseased to a normal cellular microenvironment and vice versa thereby further reducing chances the CAB would bind to the same protein located in healthy tissue or in other parts of the body and cause undesirable toxicity.

CABs allow for higher dosing, the development of effective, non-immunogenic drugs, and the use of targets that are validated for cancer cells but traditionally considered too prevalent among normal cells to be used safely in current drug therapies. This opens a potentially rich range of targets for CABs that cannot be addressed using existing technologies. CABs may also be employed as diagnostic tools to reveal and pinpoint conditions indicative of cancerous activity.

About Beijing Sinobioway Group Company, Limited

Sinobioway was founded in 1992 and is one of the three main industrial groups affiliated with Peking University. Sinobioway is mainly engaged in bioeconomy system establishment and bio-industry development. It primarily invests in biomedicine, bioagriculture, bioenergy, bioenvironment, bioservices, biomanufacturing and biointelligence. Biologic therapeutics is a particular focus of Sinobioway in its plans to develop and commercialize new medicines. Sinobioway is constructing a large biologics production facility, with a long-term capability goal of 100 production lines, in the planned 20 billion RMB bio-economic zone under construction in Hefei.

About BioAtla, LLC

BioAtla is a global biotechnology company with operations in San Diego, California, and Beijing, China. BioAtla develops novel monoclonal antibody and other protein therapeutic products with more selective targeting, greater efficacy, and more cost-efficient and predictable manufacturing. By utilizing its proprietary technologies of product design and development, from target discovery to manufacturing and preclinical studies, BioAtla develops differentiated, patentable therapeutic proteins for its partners and for its internal programs. BioAtla has over 100 patents issued and pending that cover its platform technologies representing a full complement of therapeutic protein development capabilities. Learn more at www.bioatla.com.

Source: BioAtla LLC
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Written by asiafreshnews

January 11, 2016 at 3:36 pm

Posted in Uncategorized

Fossil Group, Inc. To Launch More Than 100 Wearables In 2016

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-Multiple Owned and Licensed Brands to Bring Activity Trackers and Smart Watches to Market This Year

LAS VEGAS /PRNewswire/ — Fossil Group (NASDAQ: FOSL) will launch more than 100 connected devices in 2016, the company announced today from the 2016 Consumer Electronics Show (CES) in Las Vegas.

“We successfully launched wearables with one brand and 10 styles in 2015 and quickly ramped up to launch wearables for several brands in more than 100 styles in 2016,” said Greg McKelvey, chief strategy and digital officer, Fossil Group. “Bringing Fossil Q to market helped us identify additional opportunity, and based on the positive consumer response, we are going big this year. Our retail partners will see the power of Fossil Group’s scale and consumers will see the variety of functionality, style, colors and brands they desire.”

The new products will include activity trackers and smart watches for many brands. Misfit, the wearable technology brand Fossil Group acquired in November 2015, will also launch new, innovative types of connected devices. The Misfit and Fossil brands will feature new wearables throughout the year.  Fossil Group will launch new products throughout 2016, and all 100 styles will be available by Holiday 2016.

Operating in both the fashion and tech industries, Fossil Group is uniquely positioned to produce a broad variety of connected products that appeal to both fashion and consumer electronics channels. The positive impact of the expanded product offerings enables Fossil Group to add 20,000 distribution points, nearly doubling points of sale in early 2016. The company and its brands will now have more than 50,000 total points of sale, ranging from department stores to jewelry stores to big box consumer electronics retailers and more.

Fossil Group’s Preston Moxcey, general manager of Misfit, and Sonny Vu, president and chief technology officer of connected devices, will discuss the convergence of technology and fashion during CES on the Digital Health Summit panel “From Geek to Chic: Digital Health Goes Mainstream” at 9:10 a.m., Fri. Jan. 8, at the Venetian, level 4, Lando 4304.

The company’s Fossil and Misfit brands also announced app upgrades, activity trackers, a smart watch and other new wearable devices at CES.  More details are available here: press releases. (Fossil Group’s Fossil and Misfit brands will exhibit in the Sands Expo and Convention Center – Tech West – booth #73923 and #73928.)

About Fossil Group, Inc.

Fossil Group, Inc. is a global design, marketing and distribution company that specializes in consumer lifestyle and fashion accessories. The Company’s principal offerings include an extensive line of men’s and women’s fashion watches and jewelry sold under a diverse portfolio of proprietary and licensed brands, handbags, small leather goods and accessories. The Company’s products are sold to department stores, specialty retail stores and specialty watch and jewelry stores in the U.S. and in approximately 150 countries worldwide through 23 Company-owned foreign sales subsidiaries and a network of approximately 75 independent distributors. The Company also distributes its products in over 600 Company-owned and operated retail stores, through its international e-commerce websites and through the Company’s U.S. e-commerce website at www.fossil.com. Certain press release and SEC filing information concerning the Company is also available at www.fossilgroup.com.

Source: Fossil Group, Inc.

Related stocks: NASDAQ-NMS:FOSL

Written by asiafreshnews

January 11, 2016 at 3:19 pm

Posted in Uncategorized

ZIM to Expand Its Refrigerated Container Fleet

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HAIFA, Israel /PRNewswire/ —

The expansion of the refrigerated container fleet will support the growing demand for ZIMonitor, ZIM’s premium reefer cargo tracking service

ZIM Integrated Shipping Services Ltd. (IL0065100443; IL0065100856) today announced the expansion of its refrigerated container fleet in order to answer the demand for its innovative ZIMonitor service. Launched in early 2015, ZIMonitor allows customers to track, monitor and remotely control sensitive, high-value cargo stowed in refrigerated, or reefer, containers. Customers can opt to receive alerts regarding their shipment via text message or email, closely monitor their cargo’s status and intervene to prevent damages through ZIM’s 24/7 dedicated global response team.

(Photo: http://photos.prnewswire.com/prnh/20151223/317992 )

https://www.youtube.com/watch?v=x0FF6ljtkpM

An order of approximately 1,900×40-Feet High-Cube refrigerated containers is planned to be deployed during 2016. The new advanced and environmentally friendly containers were specifically designed to accommodate the ZIMonitor service and received a special prefix: ZMOU.

ZIM has partnered with Teva Pharmaceutical Industries, a leading global pharmaceutical company, on a successful pilot of the ZIMonitor service that addressed Teva’s uncompromising commitment to the quality of its products and its dedication to meet the requirements of its customers. Upon the successful completion of the pilot, the ZIMonitor service quickly gained popularity among ZIM’s customer base.

Nissim Yochai, ZIM’s VP of Global Sales stated, “We are very pleased with the growing demand for our monitored services. The ZIMonitor system was designed by ZIM for the cold supply chain and employs state-of-the-art technology. The service provides a tailored solution for customers who ship pharmaceuticals, perishable food and other high-value and sensitive cargo. As part of ZIM’s comprehensive strategy, we are committed to further enhance and improve our services in response to what the market needs.”

About ZIMonitor

ZIMonitor is designed to comply with the Good Distribution Practice (GDP) guidelines, which are applicable to the pharmaceutical industry, and to provide ongoing data flow, alerts and automatic reports, along with a 24/7 dedicated and professional response team along the cargo route to promptly respond and prevent damages.

ZIMonitor highlighted features:

  • Online alerts via text message and email, monitoring temperature, humidity level, GPS location, route deviation and unauthorized door opening
  • 24/7 dedicated ZIM response team to prevent cargo damages
  • GDP Compliance
  • Predefined reports for logistical & operational analysis
  • Lower insurance costs

The online monitoring service is suited for various types of valuable or sensitive cargo such as: pharmaceuticals; medical lab equipment; aviation products; perishable foodstuffs; wines and other alcoholic beverages; agriculture (seeds); electronics; art work and antiques; as well as hazardous or IMDG code goods.

For more details visit: lp.zim.com/zimonitor

For further details, please contact:
Maor Aharoni
Maor@shalomtelaviv.com
+972-3-5115207

Source: ZIM Integrated Shipping Services Ltd.

Written by asiafreshnews

January 11, 2016 at 2:46 pm

Posted in Uncategorized

Beechwood To Acquire Old Mutual Bermuda

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-Beechwood Bermuda, Ltd. Acquires Offshore Writer of Investment and Annuity Products

HAMILTON, Bermuda /PRNewswire/ — Beechwood Bermuda, Ltd. (“Beechwood”) today announced the completion of its acquisition of Old Mutual (Bermuda), Ltd. (“OMB”), a Bermuda based provider of insurance and investment products with over $1 billion in assets, which closed for new business in 2009. Beechwood, one of the largest providers of international investment plans, now has over $2 billion in total assets and is featured on the platforms of over 100 banks and brokerage firms around the world.

Logo – http://photos.prnewswire.com/prnh/20140731/132418

The transaction, which closed on December 31, 2015, provides for the continuation of service support by Old Mutual for the OMB products over the next three years, supplemented by additional support from Beechwood’s growing wealth management business. As part of the arrangement, Old Mutual will reinsure certain policy guarantees until they mature in 2017 and 2018. Given the continuity of resources, no disruption to client service is anticipated.

“This transaction offers a unique opportunity to strengthen our position as a global leader and demonstrates our dedication to providing innovative financial solutions for international investors,” said Mark Feuer, Chief Executive Officer of Beechwood. “Our scale and resources will allow us to continue to meet and further develop client demand for our products for years to come.”

Over the next several weeks, Beechwood will be contacting OMB’s distribution partners to discuss the transition and introduce Beechwood’s Accumulator Plus and Escalator Plus investment plans, which offer attractive rates and unique investment features such as principal protection guarantees. David Lessing, Executive Vice President of Products and Services at Beechwood, noted, “The growing client demand for the Beechwood products reinforces our decision to make a significant commitment to this business in support of our distribution partners and their financial advisors.”

Financial terms of the transaction were not disclosed. Certain regulatory approvals for the transfer of future policy administration arrangements are expected by the end of Q1 2016.

About Beechwood Bermuda Ltd. and Beechwood Re, Ltd.
The Beechwood family of companies includes Beechwood Bermuda Ltd., a licensed long-term insurer located inHamilton, Bermuda and regulated by the Bermuda Monetary Authority (BMA) — and Beechwood Re, a reinsurer domiciled in Grand Cayman and regulated by the Cayman Islands Monetary Authority (CIMA). The companies were formed to provide solutions that address significant demand from: (1) non-U.S. high net worth investors seeking innovative, guaranteed investment products; and (2) U.S. and international insurers in need of attractive capacity in the life insurance and annuity reinsurance market.

More information is available by contacting Julianne Classey, Head of Media Relations atjclassey@beechwood.com or (646) 356-1629.

RELATED LINKS:
http://www.beechwoodbermuda.com
http://www.beechwoodre.com

Source:
Beechwood Bermuda, Ltd.
Beechwood Re, Ltd.

Written by asiafreshnews

January 11, 2016 at 2:33 pm

Posted in Uncategorized