Sunday, November 17, 2024

CISION PR Newswire

JH Kwon Joins Bright Pattern to Lead Korea Business Development & Channel Sales

Summarize this content to 12 words Bright Pattern, a global provider of omnichannel contact center software, is pleased to welcome JH Kwon to spearhead the Go-To-Market Team in Korea SOUTH SAN FRANCISCO, Calif., Oct. 20, 2023 /PRNewswire/ -- Bright Pattern is proud to announce the addition of JH Kwon to the Bright Pattern team. With vast knowledge of the Korean market and contact center partner community, JH will be responsible for further developing the Korean market, building and growing a partner ecosystem, and enabling Bright Pattern channel partners by strategically positioning Bright Pattern as the premier provider in the Korean market. JH brings a wealth of experience, including working at Concentrics Korea, VERINT Systems, and Aspect Software. At these companies, he oversaw virtual teams across the APAC Region, including Singapore, Hong Kong, India, and Australia. "I am extremely excited about the opportunity for Bright Pattern in the Korean market," said JH. Already Bright Pattern has some of the most prestigious companies in the Korean market, and I am looking forward to expanding the business here." Michael McCloskey, CEO of Bright Pattern, added, "We are pleased that JH Kwon has joined the Bright Pattern Team. JH brings a wealth of experience to Bright Pattern, and he will help  lead the charge in our Korean expansion and ensure the execution of the Bright Pattern mission in Korea." Bright Pattern, with its market-leading and award-winning software, is positioning itself for its next wave of growth. JH is joining the Bright Pattern team in a period of rapid growth and international expansion, which includes Latin America, Europe, and the Middle East. About Bright Pattern Bright Pattern provides a simple yet powerful omnichannel contact center software that is the fastest to deploy with the lowest total cost of ownership in the industry. Bright Pattern offers the most advanced omnichannel cloud platform across channels like voice, text, chat, email, video, messengers, AI and bots. Bright Pattern provides native omnichannel quality management allowing companies to measure every interaction on every channel. Bright Pattern also offers a mobile app allowing any employee in your company to communicate with your customers. With over 500 customers in 26 countries, Bright Pattern is the highest-rated omnichannel contact center solution based on analysts and customer reviews.

CNOOC Limited Announces the Train 3 of Tangguh LNG Project Commences Production

Summarize this content to 12 words HONG KONG, Oct. 20, 2023 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces that the first LNG cargo from the newly-built liquefaction train (Train 3) of the Tangguh LNG project in Indonesia has been delivered, marking the safe commencement of the Train 3 of Tangguh LNG project. Tangguh LNG project is located in Papua Barat Province in Indonesia, consisting of 6 offshore gas fields under 3 PSCs. The existing two-train facility has commenced production in 2009 with a plant capacity of 7.6 million tons per annum (mtpa). Train 3 brings the total plant capacity to 11.4 mtpa, which further consolidates the position of Tangguh LNG project as the largest gas field and the largest LNG production hub in Indonesia. Production facilities that have commenced production during the same time included 2 new wellhead platforms, 10 production wells and supporting infrastructure. CNOOC Muturi Limited, a wholly-owned subsidiary of the Company, holds a 13.90% interest in Tangguh project. BP Berau Ltd., the operator, and affiliates in Indonesia hold 40.22%. Other PSC partners are: MI Berau B.V. (16.30%), Nippon Oil Exploration (Berau), Limited (12.23%), KG Berau Petroleum Ltd and KG Wiriagar Petroleum Ltd (10.00%), Indonesia Natural Gas Resources Muturi Inc. (7.35%). — End — Notes to Editors: More information about the Company is available at http://www.cnoocltd.com. This press release includes forward looking information, including statements regarding the likely future developments in the business of the Company and its subsidiaries, such as expected future events, business prospects or financial results. The words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify such forward-looking statements. These statements are based on assumptions and analyses made by the Company as of this date in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that the Company currently believes are appropriate under the circumstances. However, whether actual results and developments will meet the current expectations and predictions of the Company is uncertain. Actual results, performance and financial condition may differ materially from the Company's expectations, including but not limited to those associated with fluctuations in crude oil and natural gas prices, macro-political and economic factors, changes in the tax and fiscal regimes of the host countries in which we operate, the highly competitive nature of the oil and natural gas industry, environmental responsibility and compliance requirements, the Company's price forecast, the exploration and development activities, mergers, acquisitions and divestments activities, HSSE and insurance policies and changes in anti-corruption, anti-fraud, anti-money laundering and corporate governance laws. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements. The Company cannot assure that the results or developments anticipated will be realised or, even if substantially realised, that they will have the expected effect on the Company, its business or operations. For further enquiries, please contact: Ms. Cui LiuMedia & Public RelationsCNOOC LimitedTel: +86-10-8452-6641Fax: +86-10-8452-1441E-mail: [email protected]  Mr. Bunny LeePorda Havas International Finance Communications GroupTel: +852 3150 6707Fax: +852 3150 6728E-mail: [email protected] 

Taiwan's fashion luxury marketplace PopChill receives a US$1.9 million investment to expand into the Hong Kong market

Summarize this content to 12 words TAIPEI, Oct. 20, 2023 /PRNewswire/ -- PopChill, a Taiwan-based fashion luxury marketplace, announced on October 19th that it has secured an investment of US$1.9 million. The investors in this round include ITIC, AVA Angels Fund, 500 Global, Acorn Pacific Ventures, and Darwin Venture. Including the funds previously raised, the team has garnered a total of US$5.2 million. PopChill stated that their current business model has found a niche in the Taiwanese market, and this round of funds will primarily be used to expand into the Hong Kong market, hoping to replicate the rapid growth experienced in Taiwan over the past year. PopChill's Taiwan Team Rapid growth in the Taiwanese market, monthly GMV surpasses $1 million Unlike traditional e-commerce platforms where sellers and buyers trade directly, PopChill adopts an authentication model in the middle. Sellers independently list their products with their own set prices. Once a product is sold, it is first sent to the platform for authentication and quality inspection before being shipped to the buyer, ensuring a secure transaction for the buyer. Apart from verifying the authenticity of the product, the platform also ensures that the product matches its online description. This model addresses the pain points of online transactions of second-hand luxury goods. For product authentication, PopChill collaborates with the AI authentication company Entrupy, using machine learning for authentication with an accuracy rate of 99.1%. PopChill's co-founder, Andy Kuo, said: "After a year of operation, the current monthly transaction volume in the Taiwanese market has exceeded US$1 million. The average order value on the platform has also reached US$800, representing the trust that buyers and sellers have in the platform." The Taiwanese market maintains a growth of at least 10% every month, not only establishing a reputation in the luxury market but also gradually reaching a wider audience. Recognizing the potential of the Hong Kong luxury market After finding its niche in Taiwan, PopChill began to actively look towards oversea markets. PopChill chose Hong Kong as their first stop. In addition to observing the high demand and supply for luxury goods in Hong Kong, they also recognized the advantage of zero tariffs. Over the past quarter, PopChill has been actively establishing its presence in Hong Kong, forming a local team and an authentication center, and integrating local logistics. Unlike most Taiwanese e-commerce teams which focus on the Taiwanese market in their early stages, PopChill took a different path, deciding to go international at a relatively early stage. In addition to promoting local transactions, PopChill also saw opportunities for cross-regional transactions. For items with a lower transaction value, considering tariffs and shipping costs, prices often lack competitiveness. However, luxury items have a very high order value. PopChill effectively facilitates trading between buyers and sellers in Taiwan and Hong Kong, using the authentication mechanism to ensure transaction security. Venture capital support helps in quicker scaling PopChill has currently secured US$5.2 million, enough for overseas expansion for the next 1.5 years. In addition to targeting the Hong Kong market, they also plan to enter the Singaporean and Malaysian markets by 2024. Typically, two-sided platforms have to readdress the supply/demand "chicken and egg" problem when entering a new market. Through cross-region transactions, PopChill can leverage existing market supply/demand without starting from scratch. Andy Kuo stated: "Our goal for the Hong Kong branch is to replicate the growth trajectory experienced in Taiwan over the past few months, rapidly establishing supply and demand locally." After validating this business model in Hong Kong, PopChill plans to raise Series A funding. By then, the team will have more resources to expand into other overseas markets and hopes to introduce this service to other Southeast Asian and nearby markets. PopChill website: https://www.popchill.com

China Information Technology Development Limited (HKEX: 8178) Signs On Echo International Holdings Group Limited for HKD180million Tokenization Project

Summarize this content to 12 words HONG KONG, Oct. 20, 2023 /PRNewswire/ -- China Information Technology Development Limited (CITD), a leading technology company listed on the Stock Exchange of Hong Kong Limited (HKEX: 8178), is delighted to announce a significant partnership with Echo International Holdings Group Limited, a prominent player in the global business landscape. This collaboration marks a pivotal step in the evolution of digital ownership and tokenization. Echo International Holdings Group Limited, headquartered in Hong Kong, has been a listed company in the GEM of the Stock Exchange of Hong Kong Limited since October 11, 2013 (HKEX: 8218). The group intends to develop on its recurring business in providing EMS to international customers while targeting further expansion in its established market, particularly to explore the EMS for consumer electronic products in the PRC market. In its latest move in engaging CITD's expertise to embark on an ambitious tokenization project aimed at revolutionizing the corporate bond landscape, the project's primary focus is the tokenization of corporate bonds, which will be designed to enhance efficiency and accessibility in financial markets. The partnership encompasses a range of services that CITD will provide, including: Tokenized Corporate Bonds: CITD will develop tokenized corporate bonds tailored to Echo International Holdings Group Limited's specific requirements, bringing a new dimension to traditional financial instruments (the Tokens). Issuance Size Flexibility: Initially, the token issuance will be up to HKD 180 million, with the provision for further issuances based on market dynamics and demand. Legal Compliance: CITD will legally incorporate transaction documents and corporate bonds into the Tokens. A comprehensive Legal Opinion will be provided to ensure the legal validity and enforceability of these documents. Regulatory Assurance: CITD will deliver a Regulatory Report to ascertain that the Tokens comply with Hong Kong's regulatory framework. The report will also identify any additional compliance or internal control measures required. LRT Triple Audit: An in-depth audit, encompassing Legal, Regulatory, and Technical aspects (LRT), will be conducted. This audit will assess the legal and regulatory compliance of the Tokens, the integrity of their smart contract codes, and ensure the Tokens are free from vulnerabilities, malicious code, or other potential risks. Mr. Daniel Wong, CEO and Chairman of CITD, commented on the partnership, saying, "We are excited to join forces with Echo International Holdings Group Limited in this innovative tokenization project. This collaboration exemplifies our commitment to advancing technology's role in shaping the future of finance. CITD's cutting-edge technology and expertise in blockchain and Digital Ownership Tokens (DOTs) make it the ideal partner for Echo International Holdings Group Limited's ambitious project. By tokenizing corporate bonds, the collaboration seeks to create a more accessible, efficient, and secure financial environment, positioning both companies as pioneers in the digital transformation of the financial industry." For more information about CITD, please visit www.citd.com.hk. For media inquiries, please contact: China Information Technology Development LimitedEmail: [email protected]

Munchee Launches Silkworm Pupae Cat Food: Taiwan's Pioneer in Sustainable Ecology

Summarize this content to 12 words TAIPEI, Oct. 20, 2023 /PRNewswire/ -- Munchee, a brand owned by Furtime Pet Food CO., LTD, proudly introduces its ecological-sustainable Silkworm Pupae cat food, developed by a team of animal nutritionists, food scientist experts, and veterinarian consultants from the National Taiwan University and National Chung Hsing University. This marks the first collaboration with Miaoli's Research and Extension Station under the Council of Agriculture, the key ingredient in this exceptional canned food is silkworm pupae, known for its ability to inhibit the growth of harmful bacteria in animal's digestive system, resulting in a healthier diet and shinier coats.The initial fundraising on the fundraising platform ZecZec reached 630% result. Why Choose Silkworm Pupae? Silkworm pupae are rich in premium proteins, including crude protein, crude fat, and chitin. Moreover, they are a natural source of Omega-3 fatty acids, fortify blood vessels, and boost the immune systems of mammals. Through extensive research and development of functional ingredients, a physical induction technique stimulates silkworm pupae to produce antimicrobial peptides. These peptides, similar to natural antimicrobials, can easily infiltrate bacterial cells, disrupting their processes and rendering them ineffective. Testing has indicated that bacteria are reduced by 7% to 15% after cats consume the canned food. This is why Muchee functional cat food was developed, offering superior palatability and incorporating traceable chicken and milkfish essence that furkids cannot resist. Ecological Sustainability Through Silkworm Pupae Taiwan's climate is ideal for the growth of mulberry trees and silkworm farming; this has provided livelihoods for countless laborers. However, due to the replacement of the industry, the lands of mulberry trees for silkworm pupae are taken for other purposes, which also serve as the natural habitat for our endangered leopard cats. By investing in the silkworm pupae industry, we are preserving the mulberry trees and providing a non-toxic environment for leopard cats. The inclusion of silkworm pupae in the cat can not only open the opportunities for silkworm pupae market but also protect the farms and keep a non-toxic habitat. The growth of the pet supplement industry is not only about the technique of cultivation, but also the establishment of a sustainable ecosystem that benefits the industry, consumers, and animals. Munchee remains committed to developing freeze-dried kibbles and creamy puree, sourcing from eco-friendly ingredients around Taiwan, like organic salvia root in Taoyuan, functional silkworm in Miaoli, bananas in Nantou, fish scale calcium in Tainan, and last but not least shell calcium in Hualian to develop various functional supplements for cats. As a responsible brand for the earth, Munchee practices sustainable management and use of natural resources in the product development process, protecting the ecosystem in land and ensuring biodiversity, expecting to become a brand model of ecological sustainability.

IMAX® and Hengdian Films Strike Biggest IMAX Deal in Four Years For Twenty New Locations in China

Summarize this content to 12 words Expanded Partnership Sees Hengdian Bring IMAX to Several New Markets in China NEW YORK and SHANGHAI, Oct. 20, 2023 /PRNewswire/ -- Hengdian Films and IMAX Corporation (NYSE: IMAX), IMAX China (HKSE:1970) today announced a significant expansion of their partnership with an agreement for twenty new IMAX with Laser systems across China. The agreement marks the largest deal for new IMAX systems in four years, reinforcing the renewed demand among Chinese exhibitors and audiences for The IMAX Experience with Hollywood and local content alike.  "We are delighted to further strengthen our partnership with IMAX through this agreement, which represents a significant step forward in our strategy of developing cinematic multiplex locations and reflects our unwavering confidence in China's film market," said Xu Tianfu, Chairman of Hengdian Films. "This year has been pivotal for the industry's revival. From Chinese New Year to the summer season, moviegoers have consistently shown strong enthusiasm and demand for high-quality content and a premium experience. Together with IMAX, we look forward to creating a more immersive and colorful cinematic journey for audiences across more cities." "We're excited to deepen our partnership and expand into new markets with Hengdian Films, as more exhibitors worldwide grow their commitment to IMAX and drive significant growth in our network this year," said Rich Gelfond, CEO of IMAX. "Thanks to its robust mix of local language and Hollywood content, China continues to see a rapid recovery in moviegoing post-COVID and, as we are seeing in markets around the world, a rebound at the box office is often followed by network growth for IMAX." Hengdian Films and IMAX have enjoyed a successful partnership since 2015 and the new agreement will bring the total number of IMAX locations with Hengdian Films to 26. The new IMAX with Laser locations will be located in Jingdezhen, Ulanqab and Zhangjiakou, all first-ever locations in China for IMAX. Additionally, new locations are set to open in Hangzhou, Guangzhou, Chengdu, Jiujiang, Hohhot and Yangzhou, with more locations to be confirmed. The multi-theatre deal comes after IMAX China delivered its highest grossing summer season ever at the box office. IMAX has earned more than $18.4 million to date in China with Christopher Nolan's "Oppenheimer" — and garnered 30% of the film's opening weekend box office on less than 1% of screens. The fantasy epic "Creation of The Gods" also became IMAX China's all-time best summer title, with IMAX capturing 10% of the film's total box office. Earlier this year, IMAX recorded the Company's best-ever box office result for the peak moviegoing Chinese New Year, driven by "The Wandering Earth 2", which now stands as IMAX's highest grossing local language film of all time. The twenty new IMAX locations across China will be equipped with IMAX with Laser, IMAX's most advanced theatre experience. IMAX with Laser systems are immersive by design, developed from the ground-up to deliver crystal clear, lifelike images and precision audio for a moviegoing experience unlike anything else. The ground-breaking 4K laser projection system delivers brighter images with increased resolution, deeper contrast, and the widest range of colors exclusively to IMAX screens. About Hengdian Films  Established in September 2008, Hengdian Films focuses on film and television investment, production, distribution, exhibition and other derived businesses. Since its establishment, the company has sought to seize the opportunities of the vigorous development of China's cultural industry by leveraging the brand influence of Hengdian in the film and television industry. The company's theatre business, led by a capital-centric investment strategy, has been rapidly expanding in cities of all tiers nationwide. On October 12, 2017, Hengdian Films was successfully listed on the Shanghai Stock Exchange with the stock code [SH:603103]. As of June 2023, the company's total assets reached RMB 45.28 billion. Hengdian Films has established 503 theatres with a total of 3,154 screens, of which 421 locations with 2,686 screens are directly operated theaters, covering 197 cities in 29 provinces across China. The company's main financial indicators place Hengdian Films among China's top exhibitors, solidifying its role as an influential and reputable brand in China's film industry. About IMAX Corporation  IMAX, an innovator in entertainment technology, combines proprietary software, architecture, and equipment to create experiences that take you beyond the edge of your seat to a world you've never imagined. Top filmmakers and studios are utilizing IMAX systems to connect with audiences in extraordinary ways, making IMAX's network among the most important and successful theatrical distribution platforms for major event films around the globe. IMAX is headquartered in New York, Toronto, and Los Angeles, with additional offices in London, Dublin, Tokyo, and Shanghai. As of June 30, 2023, there were 1,718 IMAX systems (1,638 commercial multiplexes, 12 commercial destinations, 68 institutional) operating in 87 countries and territories. Shares of IMAX China Holding, Inc., a subsidiary of IMAX Corporation, trade on the Hong Kong Stock Exchange under the stock code "1970."   IMAX®, IMAX® Dome, IMAX® 3D, IMAX® 3D Dome, Experience It In IMAX®, The IMAX Experience®, An IMAX Experience®, An IMAX 3D Experience®, IMAX DMR®, DMR®, Filmed For IMAX™, IMAX LIVE™, IMAX Enhanced™, IMAX nXos®, and Films to the Fullest®, are trademarks and trade names of the Company or its subsidiaries that are registered or otherwise protected under laws of various jurisdictions. For more information, visit www.imax.com. You may also connect with IMAX on Instagram (www.instagram.com/imax), Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax), YouTube (www.youtube.com/imaxmovies) and LinkedIn (www.linkedin.com/imax).

Hyundai Motor Group and SOAS University of London Found New Research Centers for Developing Countries, Focusing on Africa

Summarize this content to 12 words The Development Leadership Dialogue (DLD) Institute and the Centre for Sustainable Structural Transformation (CSST) to be established under SOAS University of London to facilitate collaboration between the Group and the university The Group and SOAS University of London held an opening ceremony for DLD on October 18 and plan to open CSST in February 2024 Through this cooperation, the Group aims to forge a win-win model, securing global growth momentum for itself while speeding up industrialization of African countries SEOUL, South Korea and LONDON, Oct. 20, 2023 /PRNewswire/ -- Hyundai Motor Group (the Group) is set to develop a growth strategy for Africa by establishing specialized units for dialogue and research with the School of Oriental and African Studies (SOAS) at the University of London. SOAS University of London is one of the 17 colleges within the university and is renowned for its extensive studies of developing regions, especially Asia and Africa. From left to right: Heung-Soo Kim, Executive Vice President and Head of Global Strategy Office (GSO) at Hyundai Motor Group; Adam Habib, Director of SOAS University of London; Ashley Andrew, President of Hyundai Motor UK; Paul Philpott, President of Kia UK; Ha-Joon Chang, Professor of SOAS University of London; Gyun Kim, Executive Vice President and Head of Business Intelligence Institute at HMG. The collaboration between the Group and SOAS University of London has taken shape in response to Africa's growing significance and economic potential, which has come into focus during a period of global economic transformation driven by climate change and the fourth industrial revolution. The newly formed Development Leadership Dialogue (DLD) Institute and the Centre for Sustainable Structural Transformation (CSST) will be established under SOAS University of London to facilitate collaboration with the Group. At the event, Adam Habib, Director of SOAS, said, "SOAS currently has a new strategic agenda at the heart of which is our mission to serve as a bridge to the world. This necessitates knowledge systems to interact with each other, and institutional partnerships across transcontinental and sectoral boundaries. We think that this sponsorship enables training and learning on a thematic issue that is central to the sustainability of our world." Heung-Soo Kim, Executive Vice President and Head of Global Strategy Office, said, "Hyundai Motor Group has a clear vision of making progress for humanity. Through this partnership, we hope to create opportunities to discuss and collaborate with African countries on ways to improve industries in Africa. The Group will leverage its leading technologies and know-how in various fields, such as hydrogen fuel cells, energy, mobility and construction, to lead long-lasting relationships with African countries."  More information about Hyundai Motor Group can be found at: http://www.hyundaimotorgroup.com.

Appian Named a Leader in the 2023 Gartner® Magic Quadrant™ for Enterprise Low-Code Application Platforms

Appian named Leader by Gartner in 2023 Magic Quadrant for Low-Code Platforms.

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