Asia Fresh News

Asia Fresh Stories

Archive for July 2016

Mindtree Recognized as a Leader in NelsonHall’s Software Testing Services NEAT Report 2016

leave a comment »

Demonstrated Testing Services Leadership Across Three Categories
BANGALORE and WARREN, N.J. /PRNewswire-FirstCall/ — Mindtree, a leading digital transformation and technology services company, today announced that it has been recognized as an overall leader in software testing services by global research and advisory firm NelsonHall, in its latest Vendor Evaluation and Assessment (NEAT) Report 2016.

The NEAT Report analyzes the overall performance of 24 vendors offering software testing services, with a specific focus on testing capabilities across consulting, digital transformation and efficiency.

Mindtree is a leader in this sector through its specialized testing offerings across a range of solutions, including digital, automation, performance engineering and product engineering. Intellectual property investments supporting these offerings as well as the establishment of its end-to-end Dynamic Test Engineering Platform (DTEP) have contributed to the strong rating. This rating reflects Mindtree’s expansion of its service portfolio to include innovative offerings around end-user experience measurement, behavior-driven development supporting Agile, Bluetooth testing and IoT.

Dominique Raviart, IT Services Research Director, NelsonHall, said, “Mindtree continues to demonstrate its investment in proprietary automation tools. With DTEP, Mindtree is investing in a DevOps platform, with features including Continuous Integration and Continuous Deployment. This makes DTEP relevant to the digital world.”

“Supporting our client’s business growth in a dynamic world requires a very smart and agile portfolio of Business Assurance services. Our specialized offerings have enabled us to provide next-generation testing services to meet the demands of a hyper-connected world,” said Manas Chakraborty, Vice President and Global Head, Business Assurance Services at Mindtree. “We are delighted to be recognized as a leader in the digital & transformation focus areas, and positioned as a leader for overall testing services by NelsonHall.”

Additional Resources

Detailed Report by NelsonHall

Testing in a connected world

About NelsonHall:

NelsonHall is the leading global BPO and ITO analyst firm with analysts across the U.S., U.K. and Continental Europe. Founded in 1998, NelsonHall offers a suite of ‘Speed-to-Source’ tools that assist buy-side executives in saving time and money, while enhancing the quality of their sourcing decisions, in BPO and ITO evaluations. NelsonHall helps organizations ensure that key sourcing decisions are based on industry reality not market hype, providing the detailed and objective market and supplier knowledge required for sourcing success through its sourcing tools, online information, and unrivalled analyst access.

About Mindtree:

Mindtree [NSE: MINDTREE] delivers digital transformation and technology services from ideation to execution, enabling Global 2000 clients to outperform the competition. “Born digital,” Mindtree takes an agile, collaborative approach to creating customized solutions across the digital value chain. At the same time, our deep expertise in infrastructure and applications management helps optimize your IT into a strategic asset. Whether you need to differentiate your company, reinvent business functions or accelerate revenue growth, we can get you there. Visit http://www.mindtree.com to learn more.

For more information, contact:

India
Priyanka Waghre
Mindtree
+91-98867 29295
Priyanka.Waghre@mindtree.com

United States
Andrea Dunbeck
Matter Communications
978-518-4555
adunbeck@matternow.com

Europe
Neha Kathuria
Mindtree
+44 7553 410341
Neha.Kathuria@mindtree.com

Logo – http://photos.prnewswire.com/prnh/20140416/681203

Source: Mindtree
Related Links:
http://www.mindtree.com

Written by asiafreshnews

July 29, 2016 at 4:45 pm

Posted in Uncategorized

New Market Analysis Sees Huge Potential of Nano Coating

leave a comment »

HÜLZWEILER, Germany /PRNewswire/ —

Good news from industry insiders:

Leading analysts predict further considerable growth prospects in the nano technology sector for the years to come.

Experts calculated a worldwide market value of 3.8 billion dollars up to the year 2020 for the antibacterial nano coatings segment alone. This is demonstrated in the business report of “Global Industry Analysts”.

For Nanopool, a manufacturer of high-performance coating systems, those figures affirm the strategic direction of their product development. As early as the beginning of 2006, the German patent and trademark office (DPMA) granted a patent for an antibacterial coating, amongst others, to Nanopool’s managing director and inventor, Mr. Sascha Schwindt. This gives Nanopool the monopoly on the production and application of antimicrobial surface protection systems all over Europe until 2027. In particular, this includes vessels, harbour installation, oil platforms and pipes, which are exposed to extreme stress in the sea water, and need to be protected against fouling and other contamination.

Furthermore, the patented products of Nanopool are also suitable for preventing humidity from occurring in packaging. The antibacterial protective coatings are additionally used in hospitals and retirement homes, canteen kitchen, food processing facilities as well as in trains and buses.

Nanopool was founded as a distribution company for nano-products from German Saarland back in 2002. For 10 years Nanopool has specialised in its own research, development and production of high-performance coatings and its products can be found in many different market segments. Due to Nanopool’s long experience and comprehensive product portfolio, the company is able to offer tailor-made solutions to private and industrial customers. “The strategic orientation of our company in 2006 was the right decision,” Nanopool’s managing director Sascha Schwindt says. “This is shown in the latest market analysis, and our satisfied customers and partners prove this.”

Pressekontakt: info@nanopool.eu

Phone: +49(0)6831-8902712

Source: Nanopool GmbH

Written by asiafreshnews

July 29, 2016 at 4:29 pm

Posted in Uncategorized

Kavalan Shines at International Wine and Spirits Competition

leave a comment »

-Taiwan whiskymaker surpasses 190 gold medals
TAIPEI, Taiwan /PRNewswire/ — Kavalan, Taiwan’s premier whiskymaker, last night took out an Outstanding Gold award and 4 Golds at the International Wine and Spirits Competition (IWSC), meaning its whiskies “set the standard” and are of the “highest quality” in the world.

Kavalan Solist Port wins 2016 IWSC Gold Outstanding
Kavalan Solist Port wins 2016 IWSC Gold Outstanding
At the 9th annual IWSC’s “Spirits Tasting” event on July 27th in London, Kavalan was awarded as follows in its Worldwide Whisky Single Malt category:

Solist Port Single Cask Strength – Gold Outstanding
Solist Vinho Barrique Single Cask Strength – Gold
Solist Fino Sherry Single Cask Strength – Gold
Concertmaster – Gold
ex-Bourbon Single Cask Strength – Gold
Kavalan owner Mr YT Lee said: “Kavalan Solist Port’s Gold Outstanding represents ‘quality of the highest order.’ It now qualifies for entry into the IWSC’s prestigious November 16 Annual Awards Banquet for the top honour of a Trophy.”

The judges said of the Solist Port:

“Nose booms out rich malt with porty notes and loads of floral characters. Fruit cake, tobacco and rich malt make for great complexity. Slips easily into the mouth and across the palate. Some fine mature notes lead into long, complex finish.”

This year, Kavalan’s Solist Amontillado Sherry Single Cask Strength was named the “World’s Best Single Cask Single Malt Whisky” by the prestigious World Whiskies Awards (WWA) while Kavalan Solist Vinho Barrique collected the 2015 “World’s Best Single Malt Whisky.”

About Kavalan

The Kavalan Distillery in Taiwan has been dedicated to the art of single malt whisky since 2006. The world’s first subtropical whisky distiller, it is a pioneer in making whisky in a hot climate, and has collected more than 190 gold awards.

Aged in American oak bottles in intense humidity and heat, Kavalan also benefits from sea and mountain breezes and the Snow Mountain’s spring water, which combine to create Kavalan Whisky’s signature creaminess. Kavalan takes its name from the old name for Yilan County and is backed by 30 years of beverage-making thanks to parent company, King Car Group. It is available in 40 countries. Visit http://www.kavalanwhisky.com/en/

Media Contact:
Yvonne Chou
886-3922-9000#7162
yvonne@kavalandistillery.com

Photo – http://photos.prnasia.com/prnh/20160728/8521604853

Source: Kavalan
Related Links:
http://www.kavalanwhisky.com/en/

Written by asiafreshnews

July 29, 2016 at 4:27 pm

Posted in Uncategorized

Xura Enters Strategic Partnership With Evamp & Saanga to Deliver Superior Support for Customer Engagement Tool, Xura Elements

leave a comment »

WAKEFIELD, Massachusetts /PRNewswire/ —

Xura, Inc. (NASDAQ: MESG), a major innovator in Real-Time Communication (RTC) technology, today announced its forge team had entered into a strategic partnership with Evamp & Saanga, a leading developer of web, mobile and telecom related applications and solutions for the Middle-East, Africa and South-Asia markets. By working together, Evamp & Saanga can now leverage Xura’s expertise in enterprise engagement solutions across its own applications, while providing system integration and local sales support across its operating regions, primarily focusing on Xura Elements, built on Xura’s forge RTC platform.

Complementary to a company’s call center set up, Xura Elements completely transforms the user experience, providing immersive, engaging, and intuitive customer dialogue with the human touch. This makes it easy for enterprises to customize the way they communicate with customers using web tools and native mobile apps. Xura Elements fuses simplicity, mobility and the social aspects of real-time communications with business process optimization, creating the genesis for a new customer engagement offering, while also reducing contact center costs.

Xura selected Evamp & Saanga to partner with to deliver Xura Elements related projects, due to their sizable local presence in the Middle East and Pakistan along with their reputation in delivering a very high standard of service to their customers. With over 15 years’ experience under their belt, having won multiple awards during that time, Evamp & Saanga have a wealth of expertise working with operators and enterprises, delivering all types of integrations via flexible deployment models.

“We are excited to be working with such a trusted and well-known player in the region to reflect our regional strategy,” said JF Sullivan, EVP Enterprise & CMO at Xura. “By partnering with Evamp & Saanga, it will enable us to provide a superior end-to-end customer experience offering, in comparison to anything else that is currently available in this region today. This allows us to be more agile in our ability to offer our customers a complete real-time communications solution that best meets the needs of their business.”

As a result of this partnership, Xura are able to simplify the complexities of the buying experience by utilising a partner that is locally present and who has the knowledge and skill required to integrate existing, legacy IT systems, as well as providing local ongoing support as needed.

About Evamp & Saanga

Evamp & Saanga is a leading developer of Web, Mobile, and Telecom related applications and solutions in the Middle East and Pakistan. Our company was established in 2001, with a focus towards design and development of innovative solutions for this converging market of Web, Mobile and Telecom. In addition to our own product development, we offer custom development services and system integration for clients.

About Xura, Inc.

Xura, Inc (NASDAQ: MESG) offers a portfolio of digital services solutions that enable global communications across a variety of mobile devices and platforms. We help communication service providers (CSPs) and enterprises navigate and monetize the digital ecosystem to create innovative, new experiences through our cloud-based offerings. Our solutions touch more than three billion people through 350+ service providers and enterprises in 140+ countries. You can find us at Xura.com.

Forward-Looking Statements

This press release includes “forward-looking statements.” Forward-looking statements include statements of plans and objectives for future operations, statements of future economic performance, and statements of assumptions relating thereto. In some cases, forward-looking statements can be identified by the use of terminology such as “may,” “expects,” “plans,” “anticipates,” “estimates,” “believes,” “potential,” “projects,” “forecasts,” “intends,” or the negative thereof or other comparable terminology. By their very nature, forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause actual results, performance and the timing of events to differ materially from those anticipated, expressed or implied by the forward-looking statements in this press release. These risks and uncertainties discussed above, as well as others, are discussed in greater detail in our filings with the SEC. The documents and reports we file with the SEC are available through us, or our website, http://www.Xura.com, or through the SEC’s Electronic Data Gathering, Analysis, and Retrieval system (EDGAR) at http://www.sec.gov .

Source: Xura, Inc.
Related stocks: NASDAQ-NMS:MESG
Related Links:
http://www.Xura.com

Written by asiafreshnews

July 29, 2016 at 4:25 pm

Posted in Uncategorized

Strategy Analytics: UK Multiplay Bundle Subscriptions Driving Revenue Growth

leave a comment »

Quad Play Revenues Set to Triple by 2020, Capturing 31 percent of Total Multiplay Revenues

BOSTON /PRNewswire/ — UK service providers will reap the benefits of consolidation and multiplay strategies in the coming years, with bundled subscriptions growing by 20 percent. From 2015 to 2020, Quad Play revenues will triple, while total multiplay market revenues grow by 34 percent. Double Play subscriptions will peak in 2016 and begin to decline as customers move to Triple and Quad-Play bundles. By 2020, Quad Play will account for more than 21 percent of bundled subscriptions in the UK.

Logo – http://photos.prnewswire.com/prnh/20130207/NE56457LOGO-b

The Strategy Analytics Service Provider Strategies (SPS) service report, “UK Multiplay Market Dynamics: Quad Play Ready to Triple Revenues,” indicates that the converged services market in the United Kingdom is experiencing growth as operators have positioned for bundled service offerings. BT, Sky, TalkTalk, Virgin Media and Vodafone are all competing to gain a foothold in the rapidly expanding opportunity.

Click here for the report: http://bit.ly/28MJVMC

“Multiplay bundled services are rapidly gaining ground in the UK as more players have entered this space through expansion and acquisition,” said Jason Blackwell, Director of the Service Provider Strategies service (SPS) at Strategy Analytics. He added, “BT’s acquisition of EE has positioned the company very well, enabling cross-selling of services and giving BT a strong network with fiber and 4G. Based on its strategies in the Netherlands and New Zealand, Vodafone may need to revisit the opportunities for partnerships in the UK.”

Discussing pricing, Mr. Blackwell added, “Competition in the UK market is already intense, and we expect to see price discounts in the form of long term introductory offers and through multi-service purchase, as operators try to take customers from competitors. However, the successful operators will avoid a race to the bottom, and hold overall pricing by upselling customers to faster broadband speeds, premium TV channels and larger mobile broadband buckets.”

Josie Sephton, from Strategy Analytics’ Pricing and Benchmarking division, Teligen, added, “Part of this upsell involves encouraging customers to move from double or triple play to quad and even five play bundles, as providers aim to keep customers close by providing a one-stop shop – and this is something we can expect to see much more of in the future.”

About Strategy Analytics

Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. http://www.StrategyAnalytics.com

US Contact: Jason Blackwell, +1 617 614 0700, jblackwell@strategyanalytics.com

European Contact: David Mercer, +44(0) 1908 423 600, dmercer@strategyanalytics.com

Teligen Contact: Josie Sephton, +44(0) 2081 850 410

Source: Strategy Analytics

Written by asiafreshnews

July 29, 2016 at 4:18 pm

Posted in Uncategorized

Forrest E. Mars, Jr., Businessman and Philanthropist, Passes Away at 84

leave a comment »

MCLEAN, Virginia /PRNewswire/ —

With sadness, and on behalf of all Associates, Mars, Incorporated announced that Forrest E. Mars, Jr. passed away at the age of 84 on July 26, 2016. Mr Mars was:

A businessman, who together with his brother John and sister Jacqueline, inherited a significant business and grew it into one of the world’s largest and most respected family firms, increasing its sales from from $1 billion to $35 billion, and providing 80 thousand jobs worldwide for Associates in 78 countries.
A passionate believer in the benefits of a global economy for everyone, devoting much of his and his brothers working life to building Mars internationally, expanding its presence first in Europe, Australia, Japan, and then in countries like Russia, China, Mexico and Brazil and the Middle East.
A visionary, who codified, together with his brother and sister, the strong set of business values about creating a mutuality of benefits for all stakeholders of Mars, Incorporated, which they inherited from their father, into the Five Principles that guide the business worldwide, a constitution for the company that has made it a positive force in the world.
A leading philanthropist, locally and internationally, supporting environmental preservation projects, like the American Prairie Reserve, and numerous projects in support of American history, such as the Brinton Museum of Western and American Indian Art in Big Horn, Wyoming, or the Mars Hall of American Business at the American History Museum.
An explorer, who loved adventuring in his expedition ship in some of the wildest places in the globe, including navigating the North West passage, while also sponsoring and often joining an annual trip for students from Hotchkiss, his old school, to Antarctica.
An intensely private family man, who leaves a wife, four children, eleven grandchildren, two great grandchildren, numerous other extended family members, and a legacy as a man who insisted repeatedly that everyone’s work should be fun and meaningful.
“Forrest was a great inspiration to all of us at Mars, Incorporated,” said Grant F. Reid, CEO and Office of the President for Mars, Incorporated. “He was instrumental in building our business, while remaining committed to the founding principles of the Company. Forrest will be sorely missed, but his contributions and the legacy he leaves behind at Mars will be long-lasting.”

All funeral arrangements are being handled privately.

Background

Forrest E. Mars, Jr. dedicated himself to building Mars, Incorporated as a principles-led business that creates mutual benefits for all stakeholders.

Mr. Mars began his career in 1955 as a certified public accountant, working as an auditor for Price Waterhouse after serving in the United States Army for two years. He joined Mars, Incorporated – then, a business of less than $100 million in revenue – as a Financial Staff Officer for M&M’s Candies in 1959.

Two years later, Mr. Mars was appointed General Manager of a new confectionery factory to be built in Veghel, Netherlands, beginning a journey that would take the winning portfolio of Mars products to new geographies, expanding Mars’ presence globally. Beginning with five Associates, he oversaw construction of what is now one of the largest chocolate factories in the world. He managed the factory until 1966, when he moved with his family to Neuilly-sur-Seine, outside of Paris, to become Managing Director of Mars France.

During Mr. Mars’ four-year tenure in Paris, the company expanded its pet food business through the 1967 acquisition of Unisabi, creating a strong foundation for future growth in France, which continued well into the 21st century with the 2002 acquisition of Royal Canin. Today, across more than 20 sites in France, Mars provides direct employment for thousands of Associates in Petcare, Chocolate, Food, Drinks and Wrigley and touches the lives of thousands more in its operating communities.

Mr. Mars moved to McLean, Va., in 1970 to assume responsibility for the company’s confectionery operations as Group Vice President. In McLean, Mr. Mars worked alongside his brother, John, also a Group Vice President, who managed the company’s pet food, vending and money systems operations. Eventually, the two brothers took joint responsibility for all company functions; and, in 1975, they became co-presidents of Mars, Incorporated. At that time, the company’s net sales were just over $1 billion. Over the course of their leadership they continued to expand – opening new markets, launching new brands and expanding the extended family of Mars Associates.

In 1983, Mr. Mars and his siblings, John and Jacqueline, formalized and published The Five Principles of Mars based on a business objective first expressed by their father, Forrest E. Mars, Sr., in 1947: to create mutual benefits that make a difference for people and the planet through the company’s performance. These Principles – Quality, Mutuality, Responsibility, Efficiency and Freedom – continue to guide Mars, Incorporated – today a $35 billion business with more than 80,000 Associates. The Five Principles unite Associates across generations, geographies, languages and cultures and guide them in relationships with consumers, customers, business partners, communities and each other.

Following his retirement as an Associate in 1999, Mr. Mars continued to provide guidance and counsel to Mars business leaders. He served as a member of the Board of Directors until 2006, working on the Audit and Remuneration Committees, and he remained active in the Mars Foundation.

Mr. Mars was involved in a number of philanthropic and educational causes, including the Fay and Hotchkiss Schools, the Williamsburg Foundation and Yale University. He served on the Board of Trustees for the Colonial Williamsburg Foundation and was the recipient of their highest honor, the Churchill Bell, in recognition for extraordinary civic leadership and national service. Mr. Mars was Chairman of the Board of The Brinton Museum in Big Horn, Wyoming, and made possible the museum’s state-of the-art Forrest E. Mars, Jr. Building. In 1999, Mr. Mars and his brother established and permanently endowed the Forrest E. Mars, Sr. Visiting Professorship in Ethics, Politics and Economics at Yale University to honor their father.

In 2006, Mr. Mars was made “Chevalier de la Legion d’Honneur,” a distinction presented to him on behalf of French President Jacques Chirac by Jean David Levitte, Ambassador of France to the United States.

In 2011, Mars, Incorporated’s commitment to the principle of Mutuality led Mr. Mars to be awarded The Order of Friendship by Russian President Dmitry Medvedev for his “particularly important contribution into strengthening Russian-American economic, trade and public connections.” The Order is bestowed upon Russian citizens and foreign nationals who contribute “exceptionally fruitful activities in mutual enrichment of cultures of nations and nationalities and in bringing them together, for strengthening the peace and friendly relations between states.”

Born in 1931 in Oak Park, Ill., to Forrest E. Mars, Sr. and his wife, Audrey, Mr. Mars is an alumnus of the Hotchkiss and Fay schools, earned his Bachelor of Science degreefrom Yale University in 1953, and his M.B.A. from the New York University School of Business in 1958. He has served as a trustee on the boards of American University, Hotchkiss School and Fay School, and participated on the Yale Development Board. Mr. Mars is survived by his wife, four children, eleven grandchildren and two great-grandchildren and many other extended family members.

About Mars, Incorporated

Mars, Incorporated is a private, family-owned business with more than a century of history and some of the best-loved brands in the world. Some of these iconic brands include PEDIGREE®, ROYAL CANIN®, WHISKAS®, IAMS®, EUKANUBA®, WHISTLE®, BANFIELD® Pet Hospital, PET PARTNERS ®, CESAR®, SHEBA®, DREAMIES®, WISDOM PANEL®, BLUEPEARL®, GREENIES® and NUTRO®; Chocolate – M&M’S®, SNICKERS®, DOVE®, GALAXY®, MARS®, MILKY WAY®, 3 MUSKETEERS® BOUNTY®, MALTESERS ®, TWIX® and AMERICAN HERITAGE®; Wrigley – DOUBLEMINT®, EXTRA®, ORBIT® and 5™ chewing gums, SKITTLES® and STARBURST® candies, and ALTOIDS® AND LIFESAVERS® mints. Food – UNCLE BEN’S®, DOLMIO®, EBLY®, MASTERFOODS®, SEEDS OF CHANGE® and ROYCO®; Drinks – ALTERRA COFFEE ROASTERS™, THE BRIGHT TEA COMPANY™, KLIX® and FLAVIA®; Symbioscience – COCOAVIA®.

Headquartered in McLean, VA, Mars has more than $35 billion in sales from six diverse business segments: Petcare, Chocolate, Wrigley, Food, Drinks and Symbioscience. More than 80,000 Associates across 78 countries are united by the company’s Five Principles: Quality, Efficiency, Responsibility, Mutuality and Freedom and strive every day to create relationships with stakeholders that deliver growth we are proud of as a company.

For more information about Mars, Incorporated, please visit http://www.mars.com. Follow us on Facebook, Twitter, LinkedIn and YouTube.

Source: Mars, Incorporated

Written by asiafreshnews

July 29, 2016 at 4:12 pm

Posted in Uncategorized

FOCUS Brands Strengthens Commitment to Asia Pacific

leave a comment »

ATLANTA /PRNewswire/ — FOCUS Brands (www.focusbrands.com) welcomes Ken Chen as Senior Vice President and Managing Director of Asia Pacific. In his new role, Ken will continue to grow FOCUS Brands’ current retail business in existing markets, as well as expand the portfolio in China, Australia, Indonesia, and others. Cinnabon® and Auntie Anne’s® are currently leading international growth efforts, followed by Carvel®, Moe’s Southwest Grill® and Schlotzsky’s®.

Photo – http://photos.prnewswire.com/prnh/20160722/392317

Ken Chen brings twenty years of management consulting experience. Most recently, he spent twelve years at L.E.K. Consulting, where he led the China consumer products practice, focusing on helping companies from across the globe with their China and Asia entry and growth strategies. Ken is responsible for providing insights and strategic tools for clients to succeed in China’s complex business environment.

Nicolas Boudet, President of Focus Brands International, commented, “We are very pleased to have someone with a wealth of regional experience join the team. Ken is a key addition to the FOCUS Brands family, aiding us in boosting business performance for our international franchisees, as well as breaking through new Asia Pacific territories to extend the brands’ consumer reach. His experience is critical to achieving our global growth efforts.”

Ken lives in Shanghai with his wife Jamie and son Johann.

About FOCUS Brands
Atlanta-based FOCUS Brands Inc. is the franchisor and operator of over 4,500 ice cream shops, bakeries, restaurants, and cafés in the United States, the District of Columbia, Puerto Rico, and 60 foreign countries under the brand names Carvel®, Cinnabon®, Schlotzsky’s®, Moe’s Southwest Grill®, Auntie Anne’s®, McAlister’s Deli®, and Seattle’s Best Coffee® on certain military bases and in certain international markets.

Contact: Loryn Franco | lfranco@focusbrands.com | +1-404-257-7004

Source: FOCUS Brands
Related Links:
http://focusbrands.com

Written by asiafreshnews

July 29, 2016 at 4:07 pm

Posted in Uncategorized

Merck and AmoyDx Collaborate to Bring Liquid Biopsy RAS Biomarker Testing to China

leave a comment »

DARMSTADT, Germany /PRNewswire/ —

Not intended for UK- or US-based media

Liquid biopsy RAS biomarker test based upon AmoyDx’s real-time PCR technology, ADx-SuperARMS®, will be made available in China in 2017
Merck is the first pharmaceutical company to collaborate with multiple diagnostic providers to support liquid biopsy RAS biomarker testing worldwide
Merck, a leading science and technology company, today announced that it has signed a new collaboration agreement with Xiamen based Amoy Diagnostics Co., Ltd. (AmoyDx) for the development and commercialization of a new liquid biopsy RAS biomarker test for patients with metastatic colorectal cancer (mCRC). The test will be developed using AmoyDx real-time polymerase chain reaction (PCR) technology, ADx-SuperARMS®, and will be made available in China in 2017.

The ADx-SuperARMS (AmoyDx-Super-Amplification-Refractory Mutation System) technology is designed to support clinical practice in performing specific gene-mutation analysis; the liquid biopsy RAS biomarker test is easy to perform, provides results within 120 minutes, and has been validated on several PCR platforms that are commonly used in diagnostic laboratories, when assessing for KRAS, NRAS and BRAF along with other mutations and gene signatures.[1]

“It is now well accepted within the oncology community that understanding the individual RAS biomarker status of metastatic colorectal cancer patients is key to supporting timely treatment decision-making, and results of the recent TAILOR study in China further support the efficacy of targeted therapies such as cetuximab in RAS wild-type patients,” said Rehan Verjee, Chief Marketing and Strategy Officer of Merck’s biopharma business. “China is a key market for us, and our collaboration with AmoyDx will support our goal of improving care for patients with metastatic colorectal cancer, by providing access to state-of-the-art, reliable and accurate testing technology to enable a higher standard of care in China.”

ADx-SuperARMS is an innovative mutation detection technology developed by AmoyDx, and is one of the key technologies recommended by the Consensus Group for KRAS Gene Mutation Detection in Colorectal Carcinoma (part of the China Pathology Quality Control Center).[2] ADx-SuperARMS detects mutations in blood samples that contain as little as 0.2% mutant DNA in a background of wild-type genomic DNA. The ADx-SuperARMS test is designed to offer highly accurate molecular diagnostic screening for clinical practices;[1] cards pre-loaded with PCR reagents mean a faster, more sensitive and easier to operate protocol than traditional gene sequencing approaches. The test requires a single patient blood sample to perform a RAS mutation analysis and can provide results in 120 minutes,[1] which will enable clinicians to make treatment decisions in a timely manner.

“At AmoyDx, we pride ourselves on providing highly reliable and effective diagnostic solutions to clinical practices, which will help inform clinical decision-making and make a difference to patients with metastatic colorectal cancer,” said Dr. Li-Mou Zheng, CEO of AmoyDx. “As our understanding of personalized medicine evolves, we are excited that we are able to collaborate with Merck, to offer an extension to our ADx-SuperARMS testing technology capabilities that will see RAS biomarker testing available in Asia and more markets around the world.”

Merck and AmoyDx plan to implement the ADx-SuperARMS liquid biopsy RAS test in Chinese medical centers in 2017, with a plan to expand into other markets such as Argentina, India, Mexico, Taiwan, Hong Kong, Brazil, and Russia by 2019. The test will be available initially for Research Use Only (RUO) and AmoyDx will submit the assay for CE Mark Approval in 2016. A concordance study will also be undertaken to verify the accuracy of the test, compared with existing tissue-based methodologies.

References

AmoyDx. About Us. Available from: http://www.amoydx.com//en/about.html. Accessed July 2016.
Liang ZY. Zhonghua Bing Li Xue Za Zhi 2012;41(9):635-6.
Vaughn CP et al. Genes Chromosomes Cancer 2011;50(5):307−12.
Bokemeyer C et al. J Clin Oncol 2014; 32:(Suppl 4): abstr 3505.
Van Cutsem E et al. J Clin Oncol 2015;33(7):692-700.
Stintzing S et al. Oral presentation at the 2014 European Society for Medical Oncology Congress, September 26-30, 2014. Abstract No:LBA11.
Lenz H et al. Ann Oncol 2014;25(Suppl 5):v1-41.
Ferlay J, Soerjomataram I, Ervik M, Dikshit R, Eser S, Mathers C, Rebelo M, Parkin DM, Forman D, Bray F. GLOBOCAN 2012 v1.0, Cancer Incidence and Mortality Worldwide: IARC CancerBase No. 11 [Internet]. Lyon, France: International Agency for Research on Cancer. 2013. Available from: http://globocan.iarc.fr. Accessed July 2016.
All Merck Press Releases are distributed by e-mail at the same time they become available on the Merck Website. Please go to http://www.merckgroup.com/subscribe to register online, change your selection or discontinue this service.

About mCRC

Approximately half of patients with mCRC have RAS wild-type tumors and half have RAS mutant tumors.[2] Results from studies assessing RAS mutation status in patients with mCRC have shown that anti-epidermal growth factor receptor (EGFR) monoclonal antibody therapies, such as Erbitux® (cetuximab), can improve outcomes in patients with RAS wild-type mCRC.[3]-[6] Colorectal cancer (CRC) is the third most common cancer worldwide, with an estimated incidence of more than 1.36 million new cases annually.[7] An estimated 694,000 deaths from CRC occur worldwide every year, accounting for 8.5% of all cancer deaths and making it the fourth most common cause of death from cancer.[7] Almost 55% of CRC cases are diagnosed in developed regions of the world, and incidence and mortality rates are substantially higher in men than in women.[7]

About AmoyDx

Amoy Diagnostics Co., Ltd. (AmoyDx) is the pioneer in leading the technology development and industrialization of molecular diagnostics of Chinese oncology precision medicine. AmoyDx is the biggest provider of oncology molecular diagnostic products and personalized testing services in China, as well as a service center of tumour biomarker analysis. We have a market-leading portfolio of molecular diagnostics, and have been the partner of several major pharmaceutical companies. For more information, please visit our website: http://www.amoydx.com.

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 EUR12.85 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.

Your Contact: Rimmi Harindran: +49-6151-72-32843

Logo – http://photos.prnewswire.com/prnh/20151207/293543LOGO

Source: Merck
Related Links:
http://www.merckgroup.com

Written by asiafreshnews

July 29, 2016 at 3:40 pm

Posted in Uncategorized

Infinite RF Holdings, Inc. Announces A Merger With L-Com, Inc.

leave a comment »

-Infinite RF Acquires L-Com to Expand Ability to Serve Customers Requiring On-Demand Custom Manufacturing Solutions Around the Globe
IRVINE, Calif. /PRNewswire/ — Infinite RF Holdings, Inc., an urgent needs supplier of engineering-grade radio frequency (RF), microwave and millimeter-wave components and cable assemblies through their Pasternack and Fairview Microwave branded lines, today announced the acquisition of L-com, Inc., a manufacturer of wired and wireless connectivity solutions with significant custom manufacturing capabilities.

Terry Jarnigan, CEO of Infinite RF
Terry Jarnigan, CEO of Infinite RF
Headquartered in North Andover, Massachusetts, with global manufacturing, sales and distribution operations, L-Com serves the wireless engineering community with short lead time design and product solutions. Its comprehensive offering includes wireless components, cable assemblies, antennas, specialized Military/Aeronautics connectivity solutions, electrical connectors and wireless sensors for IOT applications through the branded product lines L-Com, HyperLink®, MilesTek®, Aiconics and Point Six Wireless.

The addition of L-Com to Infinite’s existing RF component companies, Pasternack Enterprises Inc., and Fairview Microwave Inc., creates a combination of solutions and a global footprint that provides the engineer-in-need with the broadest spectrum of wired and wireless products to meet the urgent requirements of the technical buyer. “This merger will not only expand the range of the combined company’s product offering, but will also aid in expanding its ability to be responsive to customer requests for on-demand custom manufacturing across expanded global sales channels,” said Terry Jarnigan, CEO of Infinite RF. “In addition to expanding product categories, L-com fills a void in the market for quick turn custom manufacturing and fits perfectly with our focus on customers who need technical support and high quality products in a hurry.”

L-Com’s award winning sales and service teams combine with Infinite’s ecommerce expertise and 24/7 support to create a synergy that enables both companies to deliver benchmark service levels to the global wired and wireless engineering community. L-Com’s strong physical presence in China accelerates the establishment of a local Pasternack fulfillment center to deliver the full impact of its customer value proposition to the China market and strengthens all of its brands in the Asia-Pacific region.

Infinite will continue to operate from its headquarters in Irvine, California.

About Infinite RF Holdings, Inc.

Based in Irvine, CA, Infinite RF offers a broad range of connectivity components and assemblies serving the aerospace/defense, industrial, government, consumer electronics, instrumentation, education/medical, and telecommunications markets. Operating under the Pasternack and Fairview brand names, Infinite RF serves a global engineering customer base with deep technical expertise and one of the broadest inventories of RF products available for immediate shipment. The Company serves nearly 100,000 customers via the broadest inventory in the industry, coupled with technical support capabilities and a global distribution footprint with same-day shipment capabilities. Infinite RF offers a compelling value proposition to R&D engineers, MRO technicians, and other technically oriented customers in a broad range of end-markets. http://www.pasternack.com/ http://www.fairviewmicrowave.com/

About L-COM Inc.

L-Com Global Connectivity, a preferred manufacturer of wired and wireless connectivity products, offers a wide range of solutions and unrivaled customer service for the electronics and data communications industries. The company’s product portfolio includes cable assemblies, connectors, adapters, computer networking equipment, and custom products, as well as their HyperLink® brand of wireless products which include antennas, RF amplifiers, coaxial lightning and surge protectors, and NEMA rated enclosures. L-com’s HyperLink® wireless products are designed for WiFi, WiMAX, SCADA, 802.11a/b/g/n/ac, RFID and Bluetooth applications. In addition to HyperLink®, L-com’s other brands include MilesTek®, specialists in Military/Aeronautics connectivity solutions, Aiconics®, a leading manufacturer of electrical connector products and Point Six™ Wireless, pioneers in the design and manufacture of wireless sensors used in IoT applications. Trusted for more than 30 years, L-com, which is headquartered in North Andover, Mass., is ISO 9001: 2008 certified and many of its products are UL® recognized. For more information, please visit: http://www.L-com.com/

Press Contact:
Shaun Gameroz
Infinite RF
17792 Fitch
Irvine, CA 92614
(949) 261-1920

Photo – http://photos.prnasia.com/prnh/20160728/8521604856
Logo – http://photos.prnewswire.com/prnh/20160728/393710LOGO

Source: Infinite RF Holdings, Inc.

Written by asiafreshnews

July 29, 2016 at 3:34 pm

Posted in Uncategorized

Selfies as a Service: Biometric Banking Hype Escalates as Payment Card Leaders Cater to Millennials

leave a comment »

LONDON /PRNewswire/ — Biometric market hype is shifting away from consumer electronics and toward biometric banking technologies that appeal to millennials, finds ABI Research. A mix of agile startups and powerful leading payment card players are integrating biometrics into mobile payment services, smart cards, and ATMs to improve banking security and authentication through innovative form factors.

Logo – http://photos.prnewswire.com/prnh/20151014/276887LOGO

“This market shift is occurring faster than initially anticipated, with global revenues for biometric banking technology expected to top $4 billion by 2021,” says Dimitrios Pavlakis, Industry Analyst at ABI Research. “North America alone accounts for almost $8 billion in payment card fraud, a statistic that suggests the need for greater transaction security.”

The new biometric banking applications specifically target millennials, with many in this generation quick to adopt the new technology. Ease of transaction, increased security, and greater user experience are the top tier features that attract customers to biometric banking.

Mastercard has already integrated facial biometrics into its arsenal allowing users to pay using selfies, while banks worldwide are adopting fingerprint, voice, and facial recognition for personal banking. And it is not just banks and payment card players getting in on the action—Japanese vein recognition market leaders Fujitsu and Hitachi honed their technology over the past years to develop an intuitive vein recognition solution for ATM applications. Vascular biometrics authenticates a user by identifying the unique patterns made by his or her veins.

Given the market appeal, pioneering startups were quick to follow suit. Atom Bank is testing the limits of mobile services through its biometrically-fueled, online-only banking approach. And Diebold and Eyelock recently partnered to deliver an iris recognition ATM that leverages NFC and QR technology via the users’ smartphone devices.

Though the market is experiencing rapid adoption of these new biometric banking applications, vendors still struggle to tend to the ever-increasing vulnerabilities. Sensor and device manufacturers, algorithm designers, SDK and app developers, and information security providers will face significant challenges moving forward. Some aspects that will need addressing include leveraging and upgrading the existing infrastructure, interoperability issues, and data security.

“Security flaws are always a concern, and even more so when customers’ biometric data is involved,” concludes Pavlakis. “Banks and banking service providers will need to assure their clients that their data is being stored and managed efficiently.”

These findings are from ABI Research’s Biometrics Applications in the Financial and Banking Sectors (https://www.abiresearch.com/market-research/product/1022302-biometrics-applications-in-the-financial-a/). This report is part of the company’s Digital Security sector (https://www.abiresearch.com/market-research/practice/digital-security/) and Enterprise IT & OT Convergence sectors (https://www.abiresearch.com/market-research/practice/future-enterprise-it-and-ot-convergence/), which include research, data, and analyst insights.

About ABI Research

ABI Research stands at the forefront of technology market research, providing business leaders with comprehensive research and consulting services to help them implement informed, transformative technology decisions. Founded more than 25 years ago, the company’s global team of senior and long-tenured analysts delivers deep market data forecasts, analyses, and teardown services. ABI Research is an industry pioneer, proactively uncovering ground-breaking business cycles and publishing research 18 to 36 months in advance of other organizations. For more information, visit http://www.abiresearch.com.

Contact Info: Mackenzie Gavel

Tel: +44.203.326.0142

pr@abiresearch.com

Source: ABI Research
Related Links:
http://www.abiresearch.com

Written by asiafreshnews

July 29, 2016 at 3:32 pm

Posted in Uncategorized