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Archive for November 4th, 2016

Amcor Promotes Tracey Whitehead to SVP, Investor Relations

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MELBOURNE, Australia /PRNewswire/ — Tracey Whitehead has been promoted by Amcor to the role of senior vice president and head of Investor Relations.

In this role, Ms. Whitehead will be the lead Amcor contact for investors and equity analysts in Australia and around the world.

Prior to joining Amcor in 2009, Ms. Whitehead held positions in investor relations, group reporting, tax and audit at BHP Billiton based in both Australia and London.

Amcor Limited (ASX: AMC; http://www.amcor.com) is a global leader in responsible packaging solutions, focusing on a broad range of flexible and rigid plastic packaging that enhances the products consumers use in everyday life, with 95 percent of its sales into the food, beverage, healthcare and tobacco industries. The company employs more than 31,000 people worldwide, operating in 140-plus countries and across more than 190 sites.

Contact: T.R. Reid, vice president, Global Communications, +41-78-688-30-90

Source: Amcor
Related stocks: Australia:AMC OTC-PINK:AMCRY
Related Links:
http://www.amcor.com

Written by asiafreshnews

November 4, 2016 at 6:48 pm

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Dawney & Co Statement Regarding AWE Limited

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Context, refer: http://en.prnasia.com/story/160105-0.shtml

BRISBANE, Australia /PRNewswire/ — Today, Dawney & Co issues a statement regarding AWE Limited. The full statement is as follows:

Dawney & Co Pty Ltd (“we” or “us”) and our associates have recently increased the combined shareholding to 675,000 shares in AWE Limited (“AWE” or “the Company”). To date, the Board has not responded to the letter that was sent on October 4. For convenience, we have re-sent its questions to AWE Limited via the designated Annual General Meeting form. In the meantime, we wish to make some additional comments about the Company for Director and shareholder consideration:

Substantial shareholders Ellerston Capital and Perennial Value, both reputable, long-term value investors, have reduced their holdings this year. We draw attention to the prices at which both have sold – well below, and effectively supportive of, the Lone Star offer. This should motivate the Board to allow shareholders to vote on the Company’s sale.
We acknowledge the Board’s decision to sell assets and reduce debt. However, in doing so, they have begun a wind down process (getting smaller, perhaps irreversibly). The Company’s remaining assets and plans are mostly known. Public markets tend to undervalue mature (known) assets, regardless of long-term value. Therefore, to maximise present value, AWE must be privatised or bought by a larger public company (with more capital to develop/retain assets and benefit from synergistic savings).
The oil price recovery, selling assets and the Lone Star proposal have all helped AWE surge off 15 year lows, while, the forecast increases in contracted gas prices provide a solid foundation into the future. Again, these are known facts but the share price continues to linger. To us, the only appreciation catalyst is an active realisation or a debt-funded acquisition (the more risky and less favourable of the two).
Origin Energy Ltd (“ORG”) is seeking buyers for their WA interests held with AWE. This is an excellent opportunity to achieve a premium value for both companies and shareholders by offering potential bidders full ownership of Waitsia. Why don’t AWE and ORG work together on an auction of common interests?
We stand by our recommendation to seek an outright sale of the Company and ask all likeminded shareholders to contact either the Board or ourselves to escalate the process. If the Board and management are confused about the next steps to take to maximise value, we are prepared to assist them.

Sincerely,

Mitch Dawney
Managing Director
Dawney & Co Pty Ltd

mdd@dawneyco.com.au
http://www.dawneyco.com.au
Twitter: @MitchDawney

Source: Dawney & Co Pty Ltd
Related Links:
http://www.dawneyco.com.au

Written by asiafreshnews

November 4, 2016 at 6:41 pm

Posted in Uncategorized

Adlam Transport Expands Storage Services With A New First Class Facility

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-To meet the growing demands of Perth businesses and residents, the removals and storage experts have opened their doors to an extensive, purpose-built storage depot in Neerabup.

PERTH, Australia /PRNewswire/ — Adlam Transport’s new state-of-the-art facility boasts two custom-built, fully-enclosed warehouses covering 1,400m2 that are designed for holding modular storage units, and suitable for both short- and long-term storage. An undercover container storage area was also constructed to protect property from the battling elements of extreme heat and torrential rain.

Adlam Transport New Facility in Neerabup, WA
Adlam Transport New Facility in Neerabup, WA

“We have increased our storage capacity three-fold to make room for future growth,” said Managing Director Paul Adlam.

“Furthermore, it was absolutely critical to update our security systems to the highest possible standard, to ensure our customers’ continued peace of mind and knowing their property is protected at all costs.”

With a completely new telephone and computer system fit out, and the team being an efficient well-oiled machine, when you’re ready to collect or have your stored goods delivered, it can be arranged that very same day.

If you’re unsure about how much storage you require, their handy storage calculator tool on their website will also help determine your needs.

“Adlam Transport’s new facility is simply first class, easily the best of any removals or storage company in Western Australia,” said Adlam’s customer Oliver Wood.

Adlam Transport recently secured the services of one of Perth’s most prominent hotels, where they are responsible for the storage and delivery of the hotel’s entire operating supplies and equipment (OS&E).

“To give you an idea of how large-scale this operation is, we have, on average, four trucks loading and offloading equipment to the hotel daily,” said Mr Adlam.

They were also involved with the complete deployment of the new Fiona Stanley hospital, which involved the receival, storage and later distribution of all of the hospital’s equipment, furniture and supplies.

The multinational company, which has been operating for over 20 years, still firmly hold their roots as a family-run business. Their personal and professional approach with customers — big or small — is proof of that.

“We’ve appreciated their positive approach to the varied challenges met in servicing our logistics needs. When presented with difficult tasks, their management ability and experience has proven capable of providing solutions. Adlam’s work teams are also well supervised, which enables our own management to focus on other tasks,” said James Noel from Crown Casino.

Adlam Transport also offers removal, storage and pre packing services to the domestic market in the Perth metropolitan area.

About Adlam Transport

Adlam Transport removals and storage is a local, family-owned business with more than 20 years of removals and storage experience.

Neerabup depot specifications

Warehouse storage:

1,400m2

Undercover container storage:

360m2

Office space:

360m2

The company’s original facility in Landsdale was 1,100m2, compared to 3,825m2 at the new depot in Neerabup.

For product and service information visit adlamtransport.com.au.

Media contact
Alicia — +61(0) 8-6260-4767

Photo – http://photos.prnasia.com/prnh/20161101/8521607085
Logo – http://photos.prnasia.com/prnh/20161101/8521607085LOGO

Source: Adlam Transport

Written by asiafreshnews

November 4, 2016 at 6:38 pm

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IIoT and Industry 4.0 within Easy Reach Thanks to Simple Solutions from RS Components

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-Virtually any industrial application can be easily connected to the wider enterprise with the right products and support

SINGAPORE /PRNewswire/ — RS Components (RS), the trading brand of Electrocomponents plc (LSE:ECM), the global distributor for engineers, offers multiple solutions to help engineers exploit the numerous benefits of a smart, connected-factory approach.

A new NFC timing relay from Schneider Electric offers control and monitoring of a timing relay via NFC using a smartphone or tablet
A new NFC timing relay from Schneider Electric offers control and monitoring of a timing relay via NFC using a smartphone or tablet

By leveraging the capabilities underpinning the Industrial Internet of Things (IIoT) and Industry 4.0 — two global megatrends that are revolutionising industry — users will be able to capture, collate, decipher and disburse vital, real-time manufacturing data, enabling them to make faster, better informed and immediately actionable business decisions.

The key to this new data paradigm is giving products, machines, cells and lines the ability to communicate harmonised manufacturing and process data to the wider enterprise as quickly and efficiently as possible. This communication can be by any number of different means — Near Field Communication (NFC), Radio Frequency Identification (RFID), Modbus, Ethernet, etc. — all that is required is the means to collate and connect.

A new landing page published on the RS website shows how users can easily create a connected architecture, even when working with commodity or “dumb” products. The page details products and solutions that can read information from existing control systems, harmonise the communication protocols and make this information available to a wider network. In some cases the solutions can even make the communication between machines or systems more secure.

Among the many products RS offers for connected solutions is a new NFC timing relay from Schneider Electric, which offers control and monitoring of a timing relay via NFC using a smartphone or tablet. At the controller level there is also a range of Modbus-capable mini PLCs from BARTH, which can turn simple machines and cells into fully connected manufacturing nodes. Higher up the control spectrum, MICA modular industrial computers from HARTING offer open-source programming so users can develop integrated industry projects quickly, with minimal expense and disruption. These three solutions are just a small part of a myriad products and services that RS offers for wider connection capabilities.

To help with product selection and to learn more about the IIoT and Industry 4.0, the RS DesignSpark repository is a goldmine of helpful information and advice, capturing the latest IIoT news, solutions and products. This added-value service offers software, 3D models, articles, tools and forum discussions relating to many of the products, services and capabilities in the extensive RS range.

About RS Components

RS Components and Allied Electronics are the trading brands of Electrocomponents plc, the global distributor for engineers. With operations in 32 countries, we offer more than 500,000 products through the internet, catalogues and at trade counters to over one million customers, shipping more than 44,000 parcels a day. Our products, sourced from 2,500 leading suppliers, include electronic components, electrical, automation and control, and test and measurement equipment, and engineering tools and consumables.

Electrocomponents is listed on the London Stock Exchange and in the last financial year ended 31 March 2016 had revenues of GBP 1.29bn.

For more information, please visit the website at http://www.rs-online.com.

Further information is available via these links:

Twitter: @RSComponents; @alliedelec; @designsparkRS

RS Components on Linkedin:
http://www.linkedin.com/company/rs-components

Other Relevant Links:

Electrocomponents plc: http://www.electrocomponents.com
RS Components: http://www.rs-online.com
DesignSpark: http://www.designspark.com

Photo – http://photos.prnasia.com/prnh/20161101/8521607089
Logo – http://photos.prnasia.com/prnh/20150818/8521505364LOGO

Source: RS Components
Related stocks: LSE:ECM OTC-PINK:EENEY

Written by asiafreshnews

November 4, 2016 at 6:09 pm

Posted in Uncategorized

“GoBear” Reaffirms Its Status as Top Financial Metasearch Platform, Expanding Services to Meet Every Lifestyle Financial Needs

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BANGKOK, Thailand /PRNewswire/ — “GoBear” (www.gobear.co.th), a global Financial Metasearch Engine, builds on its success in the Thai market by planning to offer a more extensive range of financial products to meet the needs of consumers, while also highlighting its status as the center of accurate and unbiased information, with the consumers’ needs and benefits in mind.

Synn Navamananda, Country Director GoBear (Thailand), explained that GoBear has been tremendously successful, and is planning to expand its services to meet the consumers’ needs and make GoBear the go-to platform for consumers, where they can search and compare information before making a decision on financial products.

In the first year, GoBear offered car insurance options, before adding other services. Today, GoBear collects information about financial products in four categories namely car insurance, allowing consumers to compare prices and coverage plans in only 30 seconds, travel insurance, helping travelers choose the plan that works for them at a reasonable price to minimize risks while travelling, credit card, which helps consumers pick the credit card that suits their spending style and offers the best rewards, and personal loans, which helps calculate actual interests and fees so that they can make the best decision. For personal loans, the service includes loans and cash cards. All of these services meet the needs of Thai consumers.

GoBear’s mission is to offer financial products, which are commonly perceived to be complicated, in a simple and accessible way, so that the consumers can access accurate information on smartphones, tablets, and PCs.

GoBear today has been well-received by the Thai consumers, becoming the top financial metasearch engine in Thailand, with more than 3.6 million users within just one year after its launch. Its success is partly due to the changing behavior of Thai consumers. People today prefer easy access to service information, and customers compare various products before making a decision, and they do so using their convenient choices such as their smartphones. Another factor is GoBear’s extensive base as it covers products that meet most of the consumers’ lifestyle financial needs. Additionally, it gives non-biased information, focusing on the consumers’ best interest. The website is also secure and reliable, as GoBear’s partners are leading insurance and financial institutions.

Looking at Thai people’s lifestyle, it was found that Thai people’s access to the Internet has grown significantly. Currently, 56% of the Thai population uses the Internet. Among those, 86% of them use the Internet on a daily basis. Interestingly, among Thai Internet users, 45% of them access the Internet using their smartphones, a 30% increase from 2015. This information, coupled with Thai people’s changing behavior, indicates that GoBear has a lot of potential for growth.

Synn talked about future plans for GoBear, “Our next step for the next three years is to expand our services as a financial metasearch platform to include other financial products for a more extensive service, such as home loans, health insurance, life insurance and funds. The core of our expansion is the consumers’ needs. All of this will make GoBear a global brand of financial metasearch that meets all the lifestyle financial needs of the consumers.”

About GoBear:

GoBear is a financial metasearch website which provides information about car insurance and travel insurance based on prices and coverage. The website does not directly sell insurance, but redirects users to the actual website of the insurance companies or representatives.

GoBear’s headquarter is in Singapore, managed by a team of experienced and knowledgeable staff with expertise in banking and e-commerce. The goal is to change the process of online purchase through price comparison and concise information.

Source: GoBear (Thailand) Co.,Ltd

Written by asiafreshnews

November 4, 2016 at 6:01 pm

Posted in Uncategorized

Digital Financial Services Indonesia Summit to Take Place November 8-9, 2016 in Jakarta

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SINGAPORE /PRNewswire/ — Indonesia is one of the biggest economies in Asia-Pacific region, it’s speed of internet adoption ranked high globally and the smartphone penetration is growing by 20% year-on-year. So naturally, Digital Financial Services in the country is now starting to boom. But with competition increasing from both traditional and non-traditional financial organizations, the importance of an improved customer experience and improved digital services has never been greater.

That’s why the top leaders across Banking, Insurance, Telcos, and FinTech in the Digital Financial Services industry are attending the Digital Financial Services Indonesia Summit to explore solutions and strategies to avoid losing market share. They are launching initiatives to build capabilities and foster agile enterprises for the highly competitive and dynamic digital economy.

Bringing together 20+ industry experts at the forefront of remarkable revolution, many of your peers have already registered to attend. Below is a snapshot of just some of them.

ANZ
AXA Indonesia
AXA Mandiri Financial Services
Backbase
Bank Central Asia
Barclays
BCA Life
Citibank N.A., Indonesia
Crowdo
DBS Bank
DIMO Pay Indonesia
Google
HaloMoney,co.id
Indosat
Kartuku
PermataBank
PT AIG Insurance Indonesia
PT Bank DBS Indonesia
PT Prudential Life Assurance
PT. AXA Financial Indonesia
PT. Bank OCBC NISP Tbk
PT. Bank UOB Indonesia
PT. Indosat, Tbk – Ooredoo Group
PT. XL Axiata Tbk
Rabobank Indonesia
Standard Chartered Bank
Standard Chartered Bank Singapore
TBA
Telkom Indonesia
The Hongkong and Shanghai Banking Corporation Limited
Tunaiku
Twitter Indonesia
Xendit
Join the discussion in Digital Financial Services Indonesia Summit on November 8th – 9th 2016 in Shangri-La Hotel Jakarta. This is your chance to ask your burning questions and learn more about digital financial services. The market is evolving so be among the pioneers to change the face of the industry!

For more information about the summit or agenda, please visit https://goo.gl/Sebmve.

Contact Person: Chloe Lee
Phone Number: +65 6722 9418
Email: Chloe.Lee@iqpc.com

Source: Digital Financial Services Indonesia Summit

Written by asiafreshnews

November 4, 2016 at 4:51 pm

Posted in Uncategorized

HK Bio-medical Start-up Launches Budget-friendly Diabetes Risk Profiling

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-Breakthrough comes from 20-year research identifying Asian diabetes genetic markers
HONG KONG /PRNewswire/ — Hong Kong biomedical start-up GemVCare today launches quick and budget-friendly genetic tests for identifying the risk of diabetes onset for individuals. The solution came after 20 years of studying the genetic links of diabetes by the Hong Kong Science Park-based start-up that is also a company of Incu-Bio Programme of the Hong Kong Science and Technology Park (HKSTP).

GemVCare’s founding team began the research at the Chinese Unversity of Hong Kong some 20 years ago, as diabetes is estimated to affect as many as 600 million people globally, or one in every 10 people in the world, by 2040. Their research focused on finding the link between Asians and diabetes, due to higher incidences of the disease occurring among Asians (presently, 60% of the world’s diabetes patients are Asian).

Due to the silent nature of diabetes and its complications, many are not diagnosed and therefore not treated nor controlled. In order to find reliable predictive means for diabetes so that a healthy person can take preventative measures, the team conducted clinical studies of Asian diabetes patients in the last 20 years and developed databases that point to a panel of Chinese/Asian-relevant genetic markers which can be used to predict and prevent diabetes and lead to personalised care for those with or at risk of diabetes.

The breakthrough led the development of accessible predictive genetic tests of diabetes that are expected to benefit at least 2-3 million people in Hong Kong alone, and will have much wider application to millions of people of Chinese and Asian descent around the world.

Asians at higher risk of diabetes and its debilitating complications

Dr. Juliana Chan, Chairman of GemVCare, thinks that raising the awarenesss of diabetes is the first line of defence against this “silent killer”. In the years of diabetes research, she has witnessesd the debilitating effect of diabetes and its complications. “It’s not uncommon to see diabetes leading to heart disease, kidney disease and eye problems. I have seen a young patient in her 20s losing her sight because of diabetes. We checked her family health history and found that her elder sister was also diagnosed with diabetes in her 20s. This is relatively rare among westerners. This led me to focus on finding a diabetes preventative solution for Asians.”

Dr. Chan has been leading the research team of the Chinese University of Hong Kong since the 1990s. She observed the genetic links of diabetes, and found that diabetes is also linked to age, smoking or obesity. She later set up The Hong Kong Diabetes Registry with the medical team of the Prince of Wales Hospital. The goal is to create an Asian clinical databases of diabetes to help doctors and patients make early decisions on lifestyle changes or treatments.

Big data of 20 years for developing quick and precise genetic evaluation

The team has recruited 20,000 Asians for the study, with the consent of the patients and their families as well as healthy volunteers. The team set out to identify the causes and effects of diabetes and related complications. As diabetes is a common chronic disease with complex causes, it is challenging to accurately predict how likely an individual would develop diabetes. Under the leadership of Dr Chan, the research team made a break-through discovery that Asians have a panel of genetic markers which interact with lifestyle and other modifiable risk factors to predict diabetes and its complications. This discovery has gained patents from China and the USA. With the support of Innovation and Technology Commission and The Office of Research and Knowledge Transfer Services at The Chinese University of Hong Kong, the research project was commercialized into genetic test services. GemVCare was officially founded in 2014.

The project was supported by more than HKD 400 million competitive grants and donations over the years, and more than 100 knowledge workers have been trained to help build the genetic and clinical databases. Other scientists, among them, actuarial scientists, geneticists, biologists and bio-infomatic scientists, also contributed to the successs of the project. “We closely examined every case and have built a database of 20 years of clinical research data. We found the correlations of the data through advanced algorithms and developed quick and precise genetic tests to identify subjects at risk for diabetes,” Dr Chan said.

GemVCare offers two forms of tests, for predicting diabetes risks in healthy people and for predicting the risk of complications in patients with diabetes. The tests have been piloted in some clinics and are officially launched today. The budget-friendly tests will help people find out how much they are at risk of becoming diabetic over time and what they can do to change the trajectory. Dr Chan said that the community in Asia prone to high-risk habits is at high risk of diabetes. This makes it even more important for people in this part of the world to find out if they are in the high-risk group. “In the case of Hong Kong, 30% of our population is overweight or have high blood pressure or abnormal lipids. One in four families has a member affected by diabetes, 10% of people are smokers, 10% of children have obesity and one in eight pregnancies are affected by gestational diabetes, all of whom are potential users of this technology.”

Mobile app for self-help in staying healthy

“In general, every one in 10 people is at risk of becoming diabetic. This risk gets higher as age goes up. In the age group of 55, every one in five people is at risk. Other than genetics and age reasons, smoking and overweight are major contributing environmental factors. It has now been proven beyond doubt that changing and embracing a healthy lifestyle can delay or prevent the onset of diabetes, while quality diabetes care can substantially reduce the risks of complications and critical illnesses,” added Dr. Juliana Chan.

GemVCare believes that everyone has the power to stay healthy. It has developed a mobile app in conjunction with the genetic tests that will empower people undertaking the tests to manage their own health through the tests, and reduce the risks of diabetes and related complications.

Andrew Young, Chief Commercial Officer of HKSTP, said: “Since the Innovation and Technology Commission (ITC) of HKSAR introduced the Technology Start-up Support Scheme for Universities (TSSSU) in 2014, HKSTP has been driving the commercialisation of the research efforts of local universities. GemVCare’s latest achievement in diabetes research is a success story of knowledge transfer from the universities, and will benefit the whole society, and by extension, our economy, as it empowers people to make smart decisions about their health and their family’s. HKSTP embraces GemVCare in our Incu-Bio Programme, and is very glad to see that GemVCare makes the milestone of sharing breakthrough diabetes tests with the world, having benefited from the full range of services provided under HKSTP’s incubation programme.”

About GemVCare

GemVCare™ (Gem stands for Genetic Evaluation & Management™) is the first Hong Kong-based genetic testing company specialized in diabetes. The company was founded in 2014 by local academics, medical doctors specialised in diabetes and scientists, supported by the Technology Start-up Support Scheme for Universities (TSSSU) through the Hong Kong Government Innovation and Technology Committee and is also a member company of the Incu-Bio Programme of the Hong Kong Science and Technology Park Corporation. We are located in the Hong Kong Science Park supported by a world-class infrastructure with a network of partners to serve the needs of our clients.

Source: The Hong Kong Science and Technology Parks Corporation

Written by asiafreshnews

November 4, 2016 at 3:27 pm

Posted in Uncategorized

Independent Research Firm names Veritas Technologies as a Leader Among Information Archiving Cloud Providers in 2016

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-Veritas recognized for balancing “user productivity tools with compliance capabilities”

SINGAPORE /PRNewswire/ — Veritas Technologies, the global leader in information management, announced today it has been named by Forrester Research as a “Leader” in The Forrester Wave™: Information Archiving Cloud Providers, Q4 2016 for its Enterprise Vault.cloud Software as a Service (SaaS) archiving solution. The 2016 Information Archiving Wave evaluated 13 vendors on a broad range of criteria including cloud architecture, scalability, security capabilities, user and group management, compliance and eDiscovery, supervision, file access, and data sovereignty support.

In the report, Veritas Enterprise Vault.cloud was recognized as a solution that provides document archiving for Micosoft Office 365 and Microsoft Exchange messages, as well as “documents from sources such as on-premises SharePoint sites or cloud-based Box.” The report also notes that “additional modules extend the core archiving capabilities, such as the Veritas AdvisorMail product for supervision capabilities, and document review is supported via Veritas eDiscovery.”

Download the full report here.
“I believe that being a Leader in the Forrester Wave further validates the differentiated solution we have in the marketplace and the value we deliver to our customers,” said Mike Palmer, EVP and Chief Product Officer, Veritas Technologies. “We are uniquely serving the requirements of enterprise customers through the combination of cost-effective retention management, eDiscovery and compliance supervision capabilities, delivered with high performance and scalability.”

Veritas Enterprise Information Archiving solutions enable customers to:

Realize the value of the cloud: Whether it targets cloud data sources such as Office 365 email, or on-premises sources such as Microsoft Exchange, the SaaS Enterprise Vault.cloud solution helps customers consume archiving services as a low cost, predictable monthly expense.
Simplify retention management and reduce compliance risk: Enterprise Vault.cloud implements a standardized and consistent, policy-driven retention process across all data and all users that automates the work and provides proof of compliance with data preservation regulations.
Satisfy strict legal requirements: By providing a journal archiving service, Enterprise Vault.cloud meets the high bar required of highly regulated organizations by securely preserving data, guarding against data tampering, and ensuring a secure chain of custody for audit and evidential data.
Improve both IT and end-user eDiscovery productivity: provide powerful and easy to use tools to simplify legal holds and automate search and discovery processes, so that IT staff can spend less time on the task, or even enable end users to search and discover for themselves.
About Veritas Technologies:

Veritas Technologies enables organizations to harness the power of their information, with information management solutions serving the world’s largest and most complex environments. Veritas works with organizations of all sizes, including 86 percent of global Fortune 500 companies, improving data availability and revealing insights to drive competitive advantage. http://www.veritas.com

Media Contacts
Mizu Chitra / Marc Lee
Text100 Singapore
+65-6603-9000
veritas@text100.com.sg

Logo – http://photos.prnasia.com/prnh/20150408/8521502200

Source: Veritas
Related Links:
http://www.veritas.com

Written by asiafreshnews

November 4, 2016 at 3:09 pm

Posted in Uncategorized