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Archive for April 29th, 2016

New Merck Products Bring Ease of Use to Single-Use

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— Launching products at INTERPHEX 2016 include 1000-liter bioreactor for greater flexibility and continuity for scale-up
— 2000-liter mixer for difficult-to-mix buffers and media
— Large volume transport system for aseptic and non-aseptic liquids

DARMSTADT, Germany /PRNewswire/ — Merck, a leading science and technology company, is launching three Mobius® products that deliver improved efficiency and ease-of-use for biopharmaceutical manufacturing workflows.

Photo – http://photos.prnewswire.com/prnh/20160421/358621

The new Mobius® products include a 1000-liter single-use bioreactor with an industry-leading design, a 2000-liter mixing system for difficult-to-mix biopharm ingredients and a large volume liquid transport system for aseptic and non-aseptic substances.

“Our newest Mobius® products meet our customers’ increasingly complex demands for user friendly systems that allow them to focus on their science,” said Udit Batra, CEO, Life Science at Merck.

The Mobius® 1000 liter single-use bioreactor completes the comprehensive Mobius® stirred tank portfolio of 3 to 2000 liter sizes, delivering greater flexibility and continuity for scale-up. With the industry’s only bottom-loading drawer for easy and safe bag installation, Merck’s new bioreactor is designed to achieve homogenous and fast mixing for consistent performance, especially at large scale.

The Mobius® Power MIX 2000 creates a strong vortex to handle difficult-to-mix buffers, media and other biopharm ingredients. Powerful mixing is achieved from an impeller design and motor based on magnetically-coupled NovAseptic® technology, a proven mixing technology in stainless steel tanks. The Power MIX 2000 provides accessible, sterile zero deadleg sampling directly from the mixing container. A Probe Port allows insertion of either a reusable standard probe for non-aseptic processes or a pre-sterilized, single-use sensor for in-process pH measurement of aseptic processes.

The Mobius® single-use 3D large liquid transportation system’s single-use bags and stainless steel transporter bins facilitate the safe and convenient road transport of aseptic and non-aseptic media, buffers, in-process intermediates and final bulk drug products at cold or ambient temperatures. The system offers four single-use bag assemblies with working volumes of 100 to 500 liters. All bags are constructed from PureFlex™ Plus film with a proven low extractable profile and gas barrier properties.

Merck will showcase its industry-leading portfolio of single-use and other biopharmaceutical manufacturing products at booth #2841 at INTERPHEX 2016 in New York City from April 26 – 28. Follow us on Twitter @merckgroup.

About Merck

Merck is a leading science and technology company in healthcare, life science and performance materials. Around 50,000 employees work to further develop technologies that improve and enhance life – from biopharmaceutical therapies to treat cancer or multiple sclerosis, cutting-edge systems for scientific research and production, to liquid crystals for smartphones and LCD televisions. In 2015, Merck generated sales of €12.85 billion in 66 countries.

Founded in 1668, Merck is the world’s oldest pharmaceutical and chemical company. The founding family remains the majority owner of the publicly listed corporate group. Merck, Darmstadt, Germany holds the global rights to the Merck name and brand. The only exceptions are the United States and Canada, where the company operates as EMD Serono, MilliporeSigma and EMD Performance Materials.

All Merck news releases are distributed by email at the same time they become available on the Merck website. Please go to www.merckgroup.com\subscribe to register online, change your selection or discontinue this service.

Source: Merck
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Written by asiafreshnews

April 29, 2016 at 5:17 pm

Posted in Uncategorized

UEFA and Pepsi® Bring First-Ever Epic Live Music to UEFA Champions League Final

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-Alicia Keys to Perform at UEFA Champions League Final Opening Ceremony on May 28th

LONDON, and PURCHASE, N.Y. /PRNewswire/ — UEFA and Pepsi® are excited to announce that for the first time ever, the UEFA Champions League Final will feature a global live music headline performance as part of the opening ceremony pageantry. Taking place on May 28th at Stadio Giuseppe Meazza in Milan, Italy, the “UEFA Champions League Final Opening Ceremony presented by Pepsi” will feature Alicia Keys as the inaugural artist to usher in a new live entertainment era for the UEFA Champions League Final. Airing in more than 220 countries, the UEFA Champions League Final is the most watched annual sporting event in the world.

Photo – http://photos.prnewswire.com/prnh/20160425/359647

“I’m extremely excited to share my new music at the UEFA Champions League Final, an event that is celebrated in every corner of the world,” said Alicia Keys. “This is going to be a powerful moment in history and one that represents the spirit of all the similarities we share no matter where we live and who we are. I’m honored to be a special part of such a beloved experience.”

This year’s “UEFA Champions League Final Opening Ceremony presented by Pepsi” will merge the worlds of world-class music, entertainment and sports, as well as celebrate design and fashion as a nod to the host city, Milan.

“Music, entertainment and sports have always been a vital part of the Pepsi DNA. We are the brand that invented entertainment marketing and continue to push creative boundaries,” said Carla Hassan, SVP, Global Brand Management, Global Beverage Group, PepsiCo. “By creating a global stage as part of the UEFA Champions League Final for the first time, Pepsi will produce an epic, memorable moment that will draw an even broader global fan base to the pitch, elevate the excitement of the 2016 final, and establish a new tradition for one of the world’s most beloved sport spectacles.”

The revived opening ceremony marks an expansion of PepsiCo’s existing partnership with the UEFA Champions League, bringing one of the world’s most passionate musicians to a massive global audience and further heightens the excitement and grandeur of the world’s most watched annual sporting event. PepsiCo initially joined forces with the UEFA Champions League in 2015, announcing a partnership with the prestigious European club football tournament where Lay’s, Gatorade and Pepsi MAX / Pepsi serve as lead brands for the competition.

Guy-Laurent Epstein, UEFA Marketing Director, commented, “With an iconic and storied history in music, Pepsi was the ideal partner to bring an epic music performance to the world’s most watched annual sporting event for the first time, and UEFA is delighted that Alicia Keys will be performing in Milan. The UEFA Champions League Final is the ultimate stage in European football, bringing together the two best teams on the continent. With such a highly respected and truly global artist performing ahead of the UEFA Champions League Final, it heightens even further the appeal of the match and consequently will reach a broader audience demographic, which ultimately further strengthens the global status of UCL.”

In addition to the “UEFA Champions League Final Opening Ceremony presented by Pepsi” performance, Keys – who recently joined Season 11 of NBC’s hit show The Voice in the United States and will release her 8th album this yearwill be featured in a variety of integrated campaign elements leading up to the performance.

For more information, visit www.facebook.com/uefachampionsleague.

About UEFA

UEFA – the Union of European Football Associations – is the governing body of European football. It is the umbrella organisation for 54 national football associations across Europe. Its objectives are to deal with all questions relating to European football, to promote football in a spirit of unity, solidarity, peace, understanding and fair play, without any discrimination on the part of politics, race, religion, gender or any other reason, to safeguard the values of European football, maintain relations with all stakeholders involved in European football, and support and safeguard its member associations for the overall well-being of the European game.

About PepsiCo

PepsiCo products are enjoyed by consumers one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $63 billion in net revenue in 2015, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo’s product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billion each in estimated annual retail sales. At the heart of PepsiCo is Performance with Purpose – our goal to deliver top-tier financial performance while creating sustainable growth and shareholder value. In practice, Performance with Purpose means providing a wide range of foods and beverages from treats to healthy eats; finding innovative ways to minimize our impact on the environment and reduce our operating costs; providing a safe and inclusive workplace for our employees globally; and respecting, supporting and investing in the local communities where we operate. For more information, visit www.pepsico.com.

Source: PepsiCo
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Written by asiafreshnews

April 29, 2016 at 5:12 pm

Posted in Uncategorized

iPoint Releases Framework of Human Trafficking and Slavery Laws for Private Sector

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REUTLINGEN, Germany /PRNewswire/ —

iPoint-systems to Provide Open-Access Anti-Slavery Reporting Template

iPoint-systems, a leading software and services provider offering compliance and sustainability solutions in the Conflict Minerals, RoHS, REACH, and EH&S area, is pleased to announce the publication of a commissioned framework of human trafficking and slavery laws directed at the private sector.

(Photo: http://photos.prnewswire.com/prnh/20160426/359936 )

Showing how the relevant legislation in the USA, EU, and UK relate to each other thematically may not only assist companies in their design of relevant programs, but furthermore informs the design of an integrated, liability-based reporting and compliance solution.

“Seven recent laws in particular challenge companies to control for slavery-like conditions in their supply and provision chains,” observes Dr. Chris Bayer, the author of the framework. “The design of anti-slavery programs in line with corporate liabilities is one thing. Mobilizing entire supply chains to implement required systems is the much more formidable task.”

The publication of this framework is iPoint’s first step in meeting the new challenge head-on. “Our customers demand liability-premised software solutions that also make business sense,” remarks iPoint’s CEO Joerg Walden. “This is what we are in the process of delivering.”

The next step for iPoint is to make public an open-access anti-slavery reporting template that businesses may use for their supply chain reporting needs. To this end, the tool, aka eLRT (Electronic Labor Rights Template), is currently being reviewed by a stakeholder forum comprised of private sector, civil society, and government representatives to ensure the template’s sensitivity, robusticity, and responsiveness to the present reporting requirements and at-risk labor practices. The template, along with the framework, will be available for download on the website http://www.elrt.org.

About iPoint

iPoint is a leading provider of software and consulting for environmental and social product compliance, and sustainability. Thousands of companies around the globe rely on iPoint for managing, tracking, analyzing, and reporting data across the whole value creation network. iPoint’s software and consulting services support you in meeting and staying one step ahead of regulations and requirements such as REACH, RoHS, WEEE, ELV, Conflict Minerals, and other trending developments in the compliance and sustainability arena.

ipoint-systems.com/

Press Contact
Dr. Katie Boehme, iPoint-systems gmbh, Global Marketing & Communications
+49-(0)7121-1-44-89-60, katie.boehme@ipoint-systems.de

Source: iPoint-systems

Written by asiafreshnews

April 29, 2016 at 5:00 pm

Posted in Uncategorized

Broadridge Launches Global Solutions Partner Program

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LAKE SUCCESS, N.Y. /PRNewswire/ — Broadridge Financial Solutions, Inc. (NYSE: BR) today announced that it has launched its new Solutions Partner Program. The Program is a global channel sales initiative that enables leading consulting, technology and servicing firms to offer expanded technology solutions that leverage the company’s suite of products and services as well as resell its solutions into select customer accounts. Broadridge has hired 20-year industry veteran Ira Newman to lead the Program.

Broadridge’s Solutions Partner Program provides a flexible forum for partners, including consulting, technology and servicing firms, to develop new offerings, explore common customers and reach new clients. It offers partner firms global access to proven technology solutions across Wealth Management, Asset Management, Capital Markets and Corporate Issuer segments; the ability to form strategic long-term partnerships; and a set of sales enablement resources, technical training services and a market-leading financial benefits package.

“As Broadridge explores new, more innovative ways to provide the best possible solutions to the marketplace, there is a clear opportunity for partners and allies to be an extension of Broadridge’s go-to-market capabilities. The Broadridge Solutions Partner Program provides an excellent foundation of collaboration designed to drive customer success, strengthen distribution networks and accelerate sales growth,” said Chris Perry, president of Global Sales, Marketing and Solutions at Broadridge.

“Under Ira’s leadership, this initiative enhances our current model by expanding our reach and market share into new markets and business segments, while enabling our trusted partners to increase their market opportunities and better meet their clients’ evolving needs.”

Ira Newman will build out a formalized global channel sales program, leveraging Broadridge’s growing global sales team combined with key business partners and the company’s decades of insight and experience to deliver core solutions and value to financial institutions.

He joins Broadridge with two decades of experience in technology, consulting and channel sales within financial services. Prior to Broadridge he spent seven years at Informatica Software, where he was responsible for managing the company’s North American Partner business. Newman has also held senior roles at PricewaterhouseCoopers, CA Technologies and EMC Consulting. He will report to Tim McConnell, senior vice president and head of the Strategic Solutions Group at Broadridge.

For more information on the Solutions Partner Program, please visit www.broadridge.com/partner-program.

About Broadridge

Broadridge Financial Solutions, Inc. (NYSE: BR) is the leading provider of investor communications and technology-driven solutions for broker-dealers, banks, mutual funds and corporate issuers globally. Broadridge’s investor communications, securities processing and managed services solutions help clients reduce their capital investments in operations infrastructure, allowing them to increase their focus on core business activities. With over 50 years of experience, Broadridge’s infrastructure underpins proxy voting services for over 90% of public companies and mutual funds in North America, and processes on average $5 trillion in equity and fixed income trades per day. Broadridge employs approximately 7,400 full-time associates in 14 countries. For more information about Broadridge, please visit www.broadridge.com.

Media Contacts:

Kate McGann
+1-212-981-1395
katherine.mcgann@broadridge.com

Brett Philbin
+1-212-704-8263
brett.philbin@edelman.com

Logo – http://photos.prnewswire.com/prnh/20110920/MM71626LOGO

Source: Broadridge Financial Solutions, Inc.

Related stocks: NYSE:BR

Written by asiafreshnews

April 29, 2016 at 4:55 pm

Posted in Uncategorized

UPS Pilots to Honor German Picket Lines at Cologne Bonn Airport

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LOUISVILLE, Ky. /PRNewswire/ — Approximately eighty members of the Independent Pilots Association (UPS pilots) working in Cologne, Germany will honor the picket lines of ver.di at the Cologne Bonn airport.  The strike is scheduled to last 24 hours beginning at midnight local Germany time tonight.

“Ver.di, which represents the ground staff at the Cologne Bonn airport, has asked the IPA to withhold our services as pilots during their 24 hour strike,” said IPA President, Captain Robert Travis. “We will honor their strike and not cross the ver.di picket lines.”

It is estimated that the ver.di strike will impact about sixty UPS flights into and out of the Cologne Bonn airport.

“Last week we opened our strike center in anticipation of a potential strike of UPS by our pilots. Now, less than a week later, we are operating the strike center in support of our German co-workers,” said Travis. “We will demonstrate our solidarity with our co-workers in Germany, and we are confident they will support us, should that time come.”

Source: Independent Pilots Association
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April 29, 2016 at 4:37 pm

Posted in Uncategorized

ams AG Announces $77 Million Intellectual Property Award Against United States Competitor

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-Court upholds ruling on trade secret and patent infringement suit

PREMSTAETTEN, Austria /PRNewswire/ — ams AG (SIX: AMS), a leading provider of high performance sensors and analog ICs, announces that U.S. District Judge Richard A. Schell has entered an order onApril 26, 2016, awarding one of its wholly-owned subsidiaries, ams-TAOS USA Inc. f/k/a Texas Advanced Optoelectronic Solutions, Inc., US $77,021,593 in damages from United States-based Intersil Corporation, including US $10,000,000 in exemplary damages.

The decision comes after a 2015 four-week trial in which jurors in the federal Eastern District of Texas found in favor of ams-TAOS on all claims against Intersil: misappropriation of ams-TAOS’ trade secrets, breach of a non-disclosure agreement between the parties, tortious interference with ams-TAOS’ prospective business relations, and willful infringement of U.S. Patent No. 6,596,981.

The final judgment, which will be entered on a later date, can, however, be appealed. ams AG is therefore not able to estimate a time frame for conclusion of the case or recovery of damages awarded.

ams AG General Counsel Jann H. Siefken stated, “We are pleased with the court’s decision to enforce our company’s intellectual property rights against a competitor who would seek to misappropriate them for an unfair competitive advantage.”

About ams
ams is a global leader in the design and manufacture of advanced sensor solutions and analog ICs. Our mission is to shape the world with sensor solutions by providing a seamless interface between humans and technology. ams’ high-performance analog products drive applications requiring extreme precision, dynamic range, sensitivity, and ultra-low power consumption. Products include sensors, sensor interfaces, power management and wireless ICs for consumer, communications, industrial, medical, and automotive markets.

With headquarters in Austria, ams employs over 2,100 people globally and serves more than 8,000 customers worldwide. ams is listed on the SIX Swiss stock exchange (ticker symbol: AMS). More information about ams can be found at www.ams.com.

ams social media:
Follow us on twitter https://twitter.com/amsAnalog or
Share with https://www.linkedin.com/company/ams-ag

The case is Texas Advanced Optoelectronic Solutions Inc. v. Intersil Corp., No. 4:08-cv-451. ams AG is represented by the Dallas, Texas (USA) law firm Munck Wilson Mandala, LLP. The trial team partners are Jamil N. Alibhai, Michael A. McCabe, Robert D. McCutcheon, William A. Munck and Michael C. Wilson.

for further information

Media Relations

Media Relations US

ams AG

ams AG

Ulrike Anderwald

Jann Siefken

Head of Marketing Communications

General Counsel

T  +43 (0) 3136 500 31200

T  +43 (0) 3136 500 0

press@ams.com  

press@ams.com

www.ams.com  

www.ams.com  

Source: ams AG

Related stocks: OTC-PINK:AMSSY Swiss:AMS

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April 29, 2016 at 4:25 pm

Posted in Uncategorized

Sesame Workshop and IBM Watson Team Up to Advance Early Childhood Education

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-Plan to develop adaptive learning products and platform for use at home and in schools

NEW YORK and ARMONK, N.Y. /PRNewswire/ — Sesame Workshop, the nonprofit educational organization that produces Sesame Street, and IBM (NYSE: IBM) today announced a collaboration to use IBM Watson’s cognitive computing technology and Sesame’s early childhood expertise to help advance preschool education around the world.

Experience the interactive Multimedia News Release here: http://www.multivu.com/players/English/7724251-sesame-workshop-ibm-watson-early-childhood-education

As part of a three-year agreement, Sesame Workshop and IBM will collaborate to develop educational platforms and products that will be designed to adapt to the learning preferences and aptitude levels of individual preschoolers. Research shows that a significant extent of brain development occurs in the first five years of a child’s life1, making this window critical for learning and development.

The alliance will draw from Sesame Workshop’s deep educational content expertise garnered from over 45 years of research, and more than 1,000 studies on how young children learn best. This expertise will combine with Watson’snatural language processing, pattern recognition, and other cognitive computing technologies to create highly personalized learning experiences intended to complement the roles that parents and teachers play in early development. Watson will continuously hone and improve educational activities by studying and adapting to the aggregate experiences of anonymized groups of students.

“We believe that bringing education together with technology is a key to improving early learning in this country and around the world,” said Jeffrey D. Dunn, CEO of Sesame Workshop. “A generation ago, Sesame Street used the ubiquitous presence of television to reach vulnerable children who did not have access to the learning opportunities that affluent and middle-class kids did. It worked very well. Now, through this collaboration with IBM and Watson, we expect to develop the next generation of tailored learning tools. Ultimately, the goal is to provide children from all socio-economic backgrounds with the opportunity for meaningful, personalized education in their most formative years.”

Echoing the late 1960s, when Sesame Street‘s founders convened diverse experts to help conceive the show, the Sesame-IBM team will gather leading teachers, academics, researchers, technologists, gamers, performers, and media executives to brainstorm ways in which cognitive computing can best help preschoolers learn.

Sesame Workshop and IBM are currently exploring and iterating on a wide variety of interactive platforms and interfaces for use in homes and schools. The two companies plan to test and share prototypes with leaders in the education and technology community to allow continued refinement based on feedback and domain expertise.

Watson is uniquely suited to tackling one of society’s most pressing and important challenges — the ways in which our young children learn,” said Harriet Green, IBM’s General Manager for Watson IoT, Commerce and Education. “The potential for Watson to absorb, correlate, and learn from huge amounts of unstructured data and then deliver very personalized educational experiences is unprecedented. Working together with Sesame Workshop, we aim to transform the way in which children learn and teachers teach, and envision having an impact on the lives and education of millions of children.”

“Because the foundation of children’s intellect, personality, and skills are formed in the first few years of their lives, ages zero to five are the most critical,” said Todd Rose, one of the project’s independent advisors and Director of Mind, Brain, and Education at the Harvard Graduate School of Education. “There are huge opportunities in early childhood education, but we need to recognize that preschoolers do not all learn in the same way. This partnership has the potential to meet the unique educational needs of every child, whether it’s through customized content or kid-friendly tools that empower each child to find his or her own path to learning. Simply put, personalized educational experiences will enhance learning for every child.”

Join the conversation on Twitter: #IBMandSesame

Visit the following link for more information, as well as to download assets, on the Sesame Workshop and IBM collaboration:
http://www.ibm.com/internet-of-things/sesame-street.html

Read a blog post by Sesame Workshop CEO Jeffrey Dunn exploring the importance of early childhood learning:http://ibm.co/21f1TqP

About Sesame Workshop:
For more information, please visit Sesame Street at www.sesamestreet.org, Sesame Street on Facebook, Sesame Street on Twitter, and the Sesame Street YouTube Channel.

About IBM:
For more information, please visit www.ibm.com/watson and follow @IBMWatson and @IBMEducation on Twitter.

PRESS CONTACTS:
Elizabeth Fishman
Sesame Workshop
elizabeth.fishman@sesame.org
(212) 875-6618

Kaveri Camire
IBM Communications
kcamire@us.ibm.com
(914) 625-6395

Hanna Smigala
IBM Media Relations
Smigala@us.ibm.com
(203) 512-5497

SOURCES:
(1) Shonkoff, J. P., Phillips, D. A., & National Research Council (U.S.). (2000). From neurons to neighborhoods: The science of early child development. Washington, D.C: National Academy Press

Source: IBM

Related stocks: NYSE:IBM

Written by asiafreshnews

April 29, 2016 at 4:17 pm

Posted in Uncategorized

EdgeVerve Launches Blockchain Framework for Financial Services

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BANGALORE and SAN FRANCISCO /PRNewswire/ —

Highly-scalable Blockchain Framework Will Allow Banks to Overhaul and Simplify Complex Transaction-driven Services

EdgeVerve Systems, a product subsidiary of Infosys (NYSE: INFY), which offers the Infosys Finacle universal banking solution suite, today introduced its EdgeVerve Blockchain Framework designed to further the adoption of blockchain technology by the global financial services sector. The framework, introduced at the Infosys Confluence global client summit in San Francisco, has been developed to deliver value-generating solutions and technologies based on blockchain.

(Logo: http://photos.prnewswire.com/prnh/20151104/283829LOGO)

The EdgeVerve Blockchain Framework is a permissioned ledger that allows banks to rapidly deploy blockchain-based services for varied business areas. Designed specifically for the banking sector, it can scale to the levels needed to support international, cross-border transactional business. These capabilities make applications built on this framework a viable platform to run payments and other high volume transactional banking services. Blockchain-based applications, built on this framework, can deliver increased efficiencies, transactional security and accuracy at a lower cost than the existing high-cost ledger platforms that underpin the global banking systems.

Key Highlights of the EdgeVerve Blockchain Framework include:

  • Distributed ledger – The framework uses blockchain in a distributed, permissioned environment. It is best suited for minimizing operating and per-transaction costs for financial services companies, while improving data openness and sharing, without compromising data integrity and security
  • Asset agnostic – Banks can create multiple assets leveraging this framework, thereby enabling them to store and transfer a variety of transaction assets within a single network
  • Highly extensible – It includes an API layer that supports extensibility and administrative tools. Banks can develop and rapidly deploy their own custom blockchain solutions along with the framework and scale solutions to meet national and international banking demands

As a leading financial services solutions provider, offering services in 92 countries and powering over one billion banking accounts, EdgeVerve is collaborating with several of the world’s leading financial institutions to build block-chain powered banking networks, products and services levering this framework. These include areas such as payments, trade finance, invoice processing, smart contracts, digital vaults and syndicated loans, among others.

Quote:

Andy Dey, President – Customer & Operations, EdgeVerve

“Blockchain can offer significant opportunities to modernize legacy processes, reduce costs as well as improve operational efficiency and authenticity of transaction data. At EdgeVerve, we are making significant investments in this space that includes our research facility in Ireland and important financial industry partnerships. Several of the world’s leading financial institutions are already collaborating with us to build blockchain powered banking applications and networks.”

About Infosys Finacle

Finacle is the industry-leading universal banking solution from EdgeVerve Systems, a wholly owned subsidiary of Infosys. The solution helps financial institutions develop deeper connections with stakeholders, power continuous innovation and accelerate growth in the digital world. Today, Finacle is the choice of banks across 84 countries and serves over 547 million customers – nearly 16.5 percent of the world’s adult banked population.

Finacle solutions address the core banking, e-banking, mobile banking, CRM, payments, treasury, origination, liquidity management, Islamic banking, wealth management, and analytics needs of financial institutions worldwide. Assessment of the top 1000 world banks reveals that banks powered by Finacle enjoy 50 percent higher returns on assets, 30 percent higher returns on capital, and 8.1 percent points lesser costs to income than others.

To know more, visit http://www.finacle.com

About EdgeVerve Systems Ltd

EdgeVerve Systems, a wholly owned subsidiary of Infosys, develops innovative software products and offers them on-premise or as cloud-hosted business platforms. Our products help businesses develop deeper connections with stakeholders, power continuous innovation and accelerate growth in the digital world. We power our clients’ growth in rapidly evolving areas like banking, digital marketing, interactive commerce, distributive trade, credit servicing, customer service and enterprise buying.

Today EdgeVerve products are used by global corporations across financial services, insurance, retail and CPG, life sciences, manufacturing, and telecom. Finacle, our universal banking solution, is the choice of financial institutions across 84 countries and serves over 547 million customers – nearly 16.5 percent of the world’s adult banked population.

To know more, visit http://www.edgeverve.com

Safe Harbor

Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2015. These filings are available at http://www.sec.gov.Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. Any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company unless it is required by law.

Source: Infosys Finacle
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Written by asiafreshnews

April 29, 2016 at 4:11 pm

Posted in Uncategorized

Ayuroma Successfully Secures IFC Debt Placement for Myanmar’s Leading Port

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SINGAPORE /PRNewswire/ — Ayuroma International Private Limited, aMyanmarfocused corporate advisory and development firm, has been restructuring and developing Myanmar companies since 2011.

 

Myanmar industrial port
Myanmar industrial port

Last week, Ayuroma successfully helped Myanma Annwa Swan A Shin Group (S) Co Ltd., operating as Myanmar Industrial Port (MIP), secure the first tranche of IFC debt, which is expected to be $200 million in total. For the past two years, Ayuroma has been responsible for MIP’s corporate development, which allowed MIP to be in a position to secure international capital. The firm was implementing international business standards and managing MIP’s transition towards increasing transparency and corporate governance.

Captain Ko Ko Htoo, Chairman of MIP, stated, “The successful placement of IFC debt and convertible debt facility has been a big stepping stone for MIP and we recognize Ayuroma’s partnership in working with us for two years in this journey. We appreciate Ma Cherry and Chris’s tireless efforts in ensuring our success in this journey.”

“Traditionally, Myanmar corporations have been operating under family leaderships which have successfully grown to mega businesses. These familyrun businesses invariably need advice and operational expertise in ring-fencing each separate entity as a stand-alone company,” said Ma Cherry Trivedi, Managing Director of Ayuroma International Pte., Ltd. “This intensive exercise is timeconsuming since it involves a good amount of corporate change from accounting to governance to operational restructuring by the advisors with the support of the owners and stakeholders.”

“Myanmar Industrial Port in the past two years has seen its TEUs grow by 94% in total to finish this year at 406,000. Fortunately, U Ko Ko Htoo and Daw Sandar Aung have the foresight to expand the port at the correct time in order to meet the demand of the massive TEU growth which Myanmar has experienced since 2011,” said Chris O’Connor, Director at Ayuroma. “Myanmar is expected to generate 8-9% GDP for a number of years, which bodes well for continued strong container growth. We expect to see dramatic growth in its agricultural and manufacturing bases, which could easily result in its overall TEUs numbers expanding from 1 million in 2015 to 3-4 million TEUs within a few years.”

About Ayuroma International Pte., Ltd.

Ayuroma International Private Limited is a specialized Corporate advisory firm with a specific focus in MyanmarMarket. It is led by Myanmar-born Ma Cherry Trivedi and Chris O’Connor who have extensive experience in operations, investment banking and private equity.

About Myanma Annwa Swan A Shin Group (S) Co Ltd/ Myanmar Industrial Port

Myanma Annwa Swan A Shin Group (S) Co Ltd (MAS) is a leading container terminal (operating as Myanmar Industrial Port) in Ahlone, Yangon. The Company has been operating for 12 years and currently has 5 wharfs, aCustom Bonded Warehouse and Inland Container depots.

In Singapore and Myanmar

Ma Cherry Trivedi (Ayuroma and MIP)
Phone: +65 81393968 (Singapore)
+959977667771 (Myanmar)
Email: macherry@ayuroma.com

Logo – http://photos.prnasia.com/prnh/20160427/8521602711LOGO
Photo – http://photos.prnasia.com/prnh/20160427/8521602711

Source: Ayuroma International Pte Ltd

Written by asiafreshnews

April 29, 2016 at 4:07 pm

Posted in Uncategorized

Register Today for First-Ever TOEFL(R) MOOC, a Free 6-week Prep Course Designed for Test Takers Worldwide by the Developers of the TOEFL iBT(R) Test

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-“TOEFL® Test Preparation: The Insider’s Guide” to launch in June 2016

PRINCETON, New Jersey /PRNewswire/ — Starting today, you can register for the brand newTOEFL® Massive Open Online Course (MOOC) through edX, the nonprofit online learning destination founded byHarvard and Massachusetts Institute of Technology. The course is a unique opportunity for you to prepare for theTOEFL® test and develop English-language skills that universities, agencies and institutions look for in applicants.

Logo – http://photos.prnewswire.com/prnh/20160421/358557LOGO

TOEFL Test Preparation: The Insider’s Guide, beginning on Monday, June 13, 2016, is a six-week course designed by the experts who created the TOEFL test. Each week will focus on different aspects of the test. There will be a general introduction in week one, followed by a week for each of the four skills tested — Reading, Listening, Speaking and Writing — then concluding in week six with test-day information and other helpful tips.

You can expect a mix of short lectures, including “Inside the TOEFL Test” videos for each question type and sample questions from past tests complete with answer explanations. There will be several opportunities for you to take short quizzes so you will have a good sense of what to expect on test day. During the Speaking and Writing lectures, the team that developed the TOEFL test will review a handful of responses and provide evaluation and feedback. You will also get to meet and share information with students from around the world through discussion boards.

The MOOC is the latest addition to the TOEFL test preparation portfolio and provides greater access to the creators of the TOEFL test than ever before on a familiar platform to students. You can expect offers on additional TOEFL test prep throughout the course for extra preparation ahead of test day.

You will walk away with a broad understanding of the sections of the test as well as helpful tips to prepare for the TOEFL test. You will also find out how to register, how the test is scored and where TOEFL scores are accepted.

Weekly commitment to the MOOC is no more than two hours per week. Although the course is free, you will have the option to sign up for a paid certificate that will highlight the knowledge and skills you gained upon completing the MOOC.

The course is accessible with an Internet connection on most devices. If you are interested in achieving your best TOEFL score, visit https://www.edx.org/course/toeflr-test-preparation-insiders-guide-etsx-toeflx for registration today.

About the TOEFL® Test
The TOEFL® test of academic English is the most widely respected English-language assessment worldwide, recognized by more than 9,000 institutions in more than 130 countries. To date, more than 30 million students have taken the TOEFL test. More information regarding the TOEFL test, including registration, study tips and sample questions, is available on the TOEFL® Go Anywhere website at www.toeflgoanywhere.org.

About ETS
At ETS, we advance quality and equity in education for people worldwide by creating assessments based on rigorous research. ETS serves individuals, educational institutions and government agencies by providing customized solutions for teacher certification, English language learning, and elementary, secondary and postsecondary education, and by conducting education research, analysis and policy studies. Founded as a nonprofit in 1947, ETS develops, administers and scores more than 50 million tests annually — including theTOEFL® and TOEIC ® tests, the GRE ® tests and The Praxis Series®assessments — in more than 180 countries, at over 9,000 locations worldwide. www.ets.org

Source: Educational Testing Service-TOEFL
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Written by asiafreshnews

April 29, 2016 at 4:04 pm

Posted in Uncategorized