TDCX TO ATTEND TWO INVESTOR CONFERENCES IN JANUARY 2023

KUALA LUMPUR, Dec 30 (Bernama) -- TDCX Inc, a digital customer experience (CX) solutions provider for technology and blue-chip companies, has announced it will attend two upcoming investor conferences.

In a statement, TDCX said the two conferences will be the Credit Suisse ASEAN Conference 2023 on Jan 5 and the Annual Needham Growth Conference 2023 on Jan 12.

Singapore-headquartered TDCX provides transformative digital CX solutions, enabling world-leading and disruptive brands to acquire new customers, build customer loyalty and protect their online communities.

The company has over 17,400 employees across 27 campuses globally, specifically Singapore, Malaysia, Thailand, the Philippines, China and Hong Kong, among others.

For more details about TDCX Inc, please visit the website at www.tdcx.com.

-- BERNAMA

MOBILE APP SECURITY PROVIDER LIAPP TO EXPAND PRESENCE IN ASIA'S FASTEST GROWING ECONOMIES, ACCELERATING DIGITALIZATION AND FINANCIAL INCLUSION

SEOUL, Korea, Dec 28 (Bernama-BUSINESS WIRE) -- LIAPP (Lockin App Protector), the flagship mobile application cybersecurity service of South Korea-based firm Lockin Company, has announced plans to expand its presence in Southeast Asia by working with financial institutions and fintech firms to accelerate the secure digitalization of financial services. This creates a more financially inclusive society for underserved citizens such as micro-business owners and rural communities.

Lockin Company’s CEO, Myoung Kyu Choi, shared, “Southeast Asia, one of the fastest growing economic regions in the world, is one of the regions most impacted by hackers, which has driven up demand for enhanced mobile app security. We plan to work with more financial service providers in Southeast Asia to strengthen mobile app security with LIAPP’s robust, cloud-based security infrastructure.”

LIAPP already protects customer-facing applications of institutions such as IBK Industrial Bank of Korea, KB Kookmin Bank’s network of apps in Cambodia, Myanmar, and Vietnam; fintech provider Rupi in Indonesia; as well as one of Indonesia's largest banks.

According to the World Economic Forum, digital financial inclusion enables major access to investment, credit, and insurance products in Southeast Asia. However, with it, cybersecurity threats have been on the rise. In 2022, 94% of businesses in the region saw an increase in the volume of cyber attacks, as per a recent report by Palo Alto Networks.

Running on a Runtime Application Self-Protection (RASP) system, LIAPP offers rooting detection, anti-tampering, memory protection, native library protection, and screen capture prevention, among other cyber protection services. Delivering best-in-class performance, LIAPP’s action-based detection technology prevents malicious app attacks by immediately detecting the first hint of tampering or suspicious app activity.

LIAPP constantly evolves to provide utmost security and comply with market regulations. For instance, following Google’s restriction around QUERY_ALL_PACKAGES permission, LIAPP is still able to protect applications using its action-based detection technology, a distinct competitive advantage over competitors. LIAPP’s plans range from basic protection to LIAPP ENTERPRISE, which safeguards cross-border enterprises such as fintech firms and banks.

Worth US$6 billion in 2020, the application security sector is projected to reach a value of US$33.9 billion by 2030, according to Allied Market Research.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221227005233/en/

Contact

Lockin Company
+82.31.697.8249
pr@lockincomp.com

Source : Lockin Company

DRIVEWEALTH RECOGNISED AS CATEGORY LEADER WITH TOP-TIER INDUSTRY ACCOLADES

KUALA LUMPUR, Dec 23 (Bernama) -- US-based DriveWealth LLC, a global fintech investment rail and pioneer in fractional investing, has been recognised as the category leader that redefines investing through 10 of the most prominent industry awards.

The company said 2022 was a milestone year of rapid global expansion, customer growth, and product innovation, and the accolades it garnered this year included industry, product and workplace awards.

In a statement, DriveWealth said the industry awards it won included being named to the CB Insights Fintech 250 for the second consecutive year; the 2022 Deloitte Technology Fast 500; 2022 Forbes Fintech 50; WealthTech 100; and the Benzinga 2022 Global Fintech Awards, among others.

“We were also awarded the product awards through its partnership with Adaptive Financial Consulting to build a new proprietary order management system to address increased demand in its retail brokerage business.

“In addition, it was also listed as a 2022 New Jersey Top Workplace for the workplace category.”

DriveWealth founder Bob Cortright said the company’s solutions are transforming the investing landscape, and it was honoured to see such positive industry recognition for its work.

“We look forward to remaining the primary industry choice for fintech companies which are looking to empower their customers with innovative investing solutions worldwide,” he said.

This year, DriveWealth grew its global footprint with key partnerships in Europe (Bank of Georgia) and Asia Pacific (Toss Securities) and bolstered its innovative suite of services.

The company anticipates significant opportunities for growth in 2023.

“Our proprietary DriveTrends report showed that digital trading became increasingly popular this year among global Millennials even amid 2022 market lows,” it added.

-- BERNAMA

Sharp to unveil advanced technologies, products at CES 2023 in Las Vegas

 

(Graphic: Business Wire)

KUALA LUMPUR, Dec 20 (Bernama) -- Sharp Corporation, a worldwide developer of innovative products and core technologies is set to return with advanced technologies and products at the Consumer Electronics Show (CES) 2023 from Jan 5-8, 2023 in Las Vegas.

These advanced technologies and products embody the company’s environmental, social and governance (ESG)-focused management under four themes namely New Energy, Automotive, Augmented Reality (AR) or Virtual Reality (VR) and television (TV).

“Sharp will unveil for the first time outside of Japan the Liquid and Crystal Light Harvesting (LC-LH), an indoor photovoltaic device developed by integrating dye-sensitised solar cells and LCD technology,” it said in a statement.

The company will also exhibit perovskite solar cells, which are attracting attention as the next generation of solar cells.

Visitors can experience a new generation of images with outstanding brightness and colour expression created by mini LED backlighting and quantum-dot technology for the flagship AQUOS XLED TV model for the global market.

-- BERNAMA

CLOUDFLARE PUBLISHES SECOND ANNUAL IMPACT REPORT

Report covers a year of expanding free access to security tools, new privacy innovations, and commitments to help build a more sustainable Internet

SAN FRANCISCO, Dec 21 (Bernama-BUSINESS WIRE) -- Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today published its second annual Impact Report showcasing its commitment to helping build an Internet that is principled, accessible for everyone, and sustainable. Cloudflare began publicly reporting information about its environmental, social, and governance (ESG) impacts in 2021. This year, the company focused on expanding the value and scope of Cloudflare’s Impact programs; supporting humanitarian and human rights causes, most notably helping protect Ukrainians’ access to the Internet by protecting against DDoS and other cyber attacks; and examining how the company calculates and validates emissions data.

“Cloudflare has built a team of employees dedicated to providing real, positive impact for the millions of users of our services and the billions of Internet users our decisions affect,” said Matthew Prince, co-founder and CEO of Cloudflare. “In 2022, the company has jumped into action to help protect people in Ukraine, secure a fair and trusted midterm election so that cyber security was not a headline, and contribute to the development of privacy-enhancing protocols that will ripple far beyond our customers. Whatever next year brings, we’ll be ready to continue ensuring the Internet is accessible, safe, and reliable for all.”

Highlights of the 2022 Cloudflare Impact Report include:

·  Assistance to Ukraine: Cloudflare moved quickly to offer free services and support to Ukrainian government and infrastructure providers. In addition to protecting the .ua top-level domain, Cloudflare currently protects approximately 130 Ukrainian government and infrastructure domains, as well as providing free assistance to 79 Ukrainian nonprofit groups that are helping refugees, documenting war crimes, sharing information, and providing local services.
·  Giving back to the Internet: Rate Limiting, a tool that helps defend against bots and a variety of attacks, is available to all customers, including on the Free plan. The open beta of Turnstile provides a more seamless and accessible method for any website owner to confirm visitors are real people without relying on CAPTCHA. In October 2022, we announced that, as a beta service, all websites and APIs served through Cloudflare would support post-quantum hybrid key agreement.
·  Democratizing access to Zero Trust: The shift to remote work has further complicated all organizations’ abilities to defend against attacks, protect data, and maintain visibility and security controls over how users move and store data across cloud environments. To further support vulnerable nonprofits, independent journalists, and election administrators, Athenian Project participants now receive free access to Cloudflare’s suite of Zero Trust protections. A new Impact Initiative, Project Safekeeping, provides free Zero Trust security to small and medium critical infrastructure around the world. 

http://mrem.bernama.com/viewsm.php?idm=45079

HITACHI ENERGY, LINXON COLLABORATE TO STRENGTHEN KEY POWER INFRASTRUCTURE PROJECT

KUALA LUMPUR, Dec 22 (Bernama) -- Global technology leader, Hitachi Energy is collaborating with Linxon to strengthen the London Power Tunnels (LPT), a key power infrastructure project that will ensure reliable, clean electricity supply for England’s capital city.

According to a statement, Hitachi Energy will deliver EconiQ 420-kilovolt (kV) gas-insulated switchgear (GIS) and gas-insulated lines (GIL) containing no sulfur hexafluoride (SF6) to support British multinational electricity and gas utility company, National Grid in accelerating its net-zero carbon emission targets.

EconiQ is Hitachi Energy’s eco-efficient portfolio for sustainability, where its products, services and solutions have been proven to deliver exceptional environmental performance.

“Following the successful collaboration with National Grid on the world’s first replacement of SF6 in existing high-voltage equipment and award-winning project in Richborough, United Kingdom, we are proud to be supporting the National Grid again in its transition to SF6-free solutions.

“The EconiQ GIS is based on our breakthrough SF6-free 420 kV circuit-breaker that demonstrates the reliability and scalability of the technology for the lowest carbon footprint,” said Hitachi Energy’s High Voltage Products business managing director, Markus Heimbach.

As one of the world’s largest investor-owned energy companies, National Grid aims to remove all SF6 from its fleet by 2050.

To support the National Grid in its transition to SF6-free solutions, Hitachi Energy will deliver seven bays of its EconiQ 420 kV GIS to enable the transmission of electricity over long distances while eliminating SF6, in addition to EconiQ 420 kV GIL.

The EconiQ high-voltage portfolio is 100 per cent as reliable as the conventional solutions, with installation expected to commence by 2023.

Meanwhile, Linxon is building the Bengeworth Road substation for National Grid to develop the LPT infrastructure.

“We are building the infrastructure to power the world with carbon-free energy, and thanks to strong collaboration with Hitachi Energy, Linxon is able to provide the pioneering EconiQ SF6-free solution from Hitachi Energy for the Bengeworth substation, supporting our client to meet their sustainability targets,” said Linxon chief executive officer, Stefan Reisacher.

-- BERNAMA

SERENDIPITY ARTS TO INTRODUCE THE BRIJ, FUTURISTIC ARTS AND CULTURE CENTRE

KUALA LUMPUR, Dec 21 (Bernama) -- Serendipity Arts has introduced its upcoming cutting-edge arts and culture centre, THE BRIJ, that will be a bridge that connects the world to the arts, and its transformational power.

According to a statement, THE BRIJ will dedicate space, time, and resources to create ground-breaking art that is transformational and meaningful by hosting multiple creative projects and expressions, based on the principles of innovation, sustainability, accessibility, and inclusion.

Outlining the idea behind THE BRIJ, Serendipity Arts’ founder and patron and THE BRIJ founder Sunil Kant Munjal said: “Our privileges always come with responsibility; this initiative is a responsibility and a passion project for us.”

“THE BRIJ stems from a responsibility we feel towards the arts; the way art is seen today, compared to how it was perceived in the region, prior to colonisation,” he said.

The centre named after and pays homage to the late Brijmohan Lall Munjal, an Indian industrialist and visionary, Sunil Kant Munjal’s father, consists of three essential elements that includes Education and Research, Multidisciplinary Experiences, and Innovation and Incubation with training, workshops, and residencies.

Among the many features that make this cultural centre unique are the twin driving forces of economy and sustainability, which aim to meet the Foundation’s aspiration to emerge as a catalyst for change, by creating employment opportunities, contributing to India’s and New Delhi’s cultural economy and attracting both Indian and international tourists.

The one-of-its-kind centre is currently under construction and will have a museum, an academy and workshop, gallery, library, arena and theatre among others.

The facility will also house a crafts centre and an artisanal village, where dying and fringe art and craft forms will be brought back to life, through research, practice, and incubation.

Through this centre, Serendipity Arts also hopes to spark conversations around the arts across the South Asian region worldwide, assimilating regional flavours, traditions, and cultures, while also building a sustainable artistic ecosystem.

-- BERNAMA

FOURKITES EXTENDS ITS LEADERSHIP POSITION IN THE SUPPLY CHAIN VISIBILITY MARKET WITH STRONG GROWTH AND INNOVATION IN APAC

 

Now tracking international shipments in 46 APAC countries, with over 240% growth in annual shipments and over 90% growth in new APAC customers, the world’s leading corporations continue to select FourKites for real-time, end-to-end supply chain visibility 


CHENNAI, India, Dec 20 (Bernama-GLOBE NEWSWIRE) -- Leading supply chain visibility company FourKites today announced strong global growth in 2022, as the company executed on its vision for automated, interconnected and collaborative supply chains that span transportation, warehouses, stores, trucks and more. Specifically in Asia-Pacific, the company realized 91% growth in new customers in the region, and more than 240% growth in shipments tracked across 46 APAC countries.

Among the new customers who are using FourKites to transform their supply chains are Mitsui & Co. Global Logistics, Ltd, Nestlé Japan, Chevron Corporation, Kraft Heinz, SpaceX and QVC — further validating Gartner’s ranking of FourKites as a Leader in the 2022 Gartner^® Magic Quadrant™ for Real-time Transportation Visibility Solutions, and the visibility provider of choice for customers with the most complex supply chain needs.¹

Globally, FourKites recorded nearly 50% year-over-year growth, as it continues to connect the supply chains of 50% of the Fortune 500. In 2022 in the APAC region, FourKites achieved:

• 240% growth in total shipments
• 91% growth in new customers
• 146% growth in the number of carriers tracking loads
• 1.8B+ miles tracked
• 30% growth in the number of regional ports tracked, now totaling 282 ports
• 486% growth in the number of facilities tracked, now totaling 14K facilities
• Live OTR tracking throughout Australia, New Zealand, India, Thailand, Taiwan, Philippines, Singapore and Malaysia, with near-term expansion into additional countries in the region

Industry giants back FourKites’ long-term vision of supply chain transformation
In addition to strategic investments in 2021 from industry heavyweights Qualcomm Ventures, LLC, Volvo Group Venture Capital AB and Zebra Technologies, over the past year, FourKites inked strategic partnerships with a number of industry titans to continue executing on its bold vision for the future of digital supply chains. These companies include FedEx, Quiet Platforms, Mitsui & Co., Ltd., Sony, Microsoft and Narvar. The real-time supply chain visibility pioneer was also recognized for its industry leadership and ongoing innovation by Gartner, SupplyChainBrain, Blue Yonder, Builtin Chicago, Manhattan Associates and Food Shippers of America.

FourKites is leveraging Mitsui’s $10M strategic investment to expand its offerings across the APAC region. The strategic relationship, which will initially focus on Japan, will deliver hyper-localized solutions for the APAC market, while boosting FourKites’ capabilities across sales, customer service and operations.

“We are excited to partner with FourKites to bring improved supply chain visibility and efficiency to operations in all industries and all countries throughout APAC,” said John Kenichi Kogiku, General Manager of Digital Solution Business Division at Mitsui. “FourKites and Mitsui share a culture of innovation, integrity and collaboration, and a broader vision for transforming global supply chains. We are looking forward to working with FourKites to achieve our mutual goals through digitization and automation.”

"Companies throughout APAC are making significant investments in supply chain transformation," said FourKites founder and CEO Mathew Elenjickal. "In 2023, we look forward to helping our APAC customers take the next leap forward in their logistics operations, expanding their insight further into their network and at the SKU level. Together, we will build a more resilient and agile supply chain."

Unique customer collaboration model continues to deliver industry-first innovations
Close collaboration with customers has been the bedrock of FourKites’ product development since the company’s inception. More than nine out of 10 FourKites customers are active contributors to the company’s IdeaExchange, and FourKites’ Innovation Partner program has generated more than 200 product enhancements from more than 70 companies, including Andersen Corporation, Canfor, Cardinal Health, Henkel, Kimberly-Clark and Sprouts Farmers Market, among others.

New solutions released in 2022 include:

• New detention & demurrage capabilities to help shippers more quickly and proactively identify potential detention and demurrage fees; prioritize exceptions according to likely business impact; and proactively adjust carriers, lanes or other factors as necessary.
  • “FourKites’ automated reporting and tracking for ocean provides more accurate and real-time data, which allows Canfor to respond to customer inquiries quicker with up-to-date information on our upcoming shipments that would have otherwise had to be manually tracked.” — Bob Hayes, Vice President of Global Supply Chain at Canfor
• Patented ocean shipment innovations that provide international shippers and their partners with complete visibility into all of the complex documentation requirements at every leg of every ocean shipment. 
• A Net Zero initiative to help companies reduce supply chain emissions, including FourKites’ Sustainability Hub, a suite of analytics tools to provide better visibility into resource consumption and waste generation; a new Sustainability Advisory Board; and ongoing original research around sustainability.
  • “To track emissions and to evaluate how we’re performing — it all relies on data. And that’s a place where we’ve been thrilled with our partnership with FourKites, because without it, we would not have the critical data we need to operate well.” — Karen Betancourt, Vice President of Logistics at Cardinal Health
• A new unified customer interface that integrates real-time transportation visibility and facility-specific data across all modes.
  • “FourKites continues to excel and impress me with their ability to deliver tools that are useful and support our account in a way that is customer first. In working with them, they have been able to roll out coverage in multiple countries, manage the work, and enhance their tool along the way. I’m very impressed with their product and the agility in delivery.” — Logistics Strategy Analyst, Manufacturing

About FourKites
Leading supply chain visibility platform FourKites^® extends visibility beyond transportation into yards, warehouses, stores and beyond. Tracking more than 3 million shipments daily across road, rail, ocean, air, parcel and last mile, and reaching over 200 countries and territories, FourKites combines real-time data and powerful machine learning to help companies digitise their end-to-end supply chains. More than 1,200 of the world’s most recognized brands — including 9 of the top-10 CPG and 18 of the top-20 food and beverage companies — trust FourKites to transform their business and create more agile, efficient and sustainable supply chains. To learn more, visit https://www.fourkites.com/.

Media Contact: 
Marianna Vyridi 
Big Valley Marketing for FourKites 
+1 (650) 468-3263 
mvyridi@bigvalley.co

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0ace1aaf-f9f8-4da4-b789-bf26126621db 

¹ Gartner, Critical Capabilities for Real-Time Transportation Visibility Platforms, Carly West, 24 May 2022. 

SOURCE : FourKites

actyv.ai appoints Abhijit Rao as global head of people

 

Abhijit Rao, Global Head of People, actyv.ai (Photo: Business Wire) 

KUALA LUMPUR, Dec 15 (Bernama) -- Singapore-headquartered actyv.ai has appointed Abhijit Rao as its global head of people to bolster employer brand and people growth.

“Abhijit’s passion for people development, domain expertise and leadership will drive synergies and help build a world-class organisation focused on a ‘people-first’ and winning culture. 

“As organisations are recalibrating people practices post pandemic and the current global scenario, these are exciting and challenging times to be a human resource leader,” said its founder and global chief executive officer, Raghunath Subramanian in a statement.

Meanwhile, Rao said with a purpose-driven vision of enabling the B2B supply chain ecosystem through technology, actyv.ai is helping spark imagination and build excitement for a more connected future.

“I am elated to be a part of this growth journey and look forward to building on the strong foundation laid down by the team,” added Rao.

As a people operations leader with over 18 years of experience, Rao has worked with some of the leading companies in the services (Infosys, Wipro) and products (Onmobile, UiPath) space in the information technology industry.

In his last corporate role as Head of People - APAC at UiPath, Rao was instrumental in the setting up and expansion of the people operations function.

actyv.ai is an artificial intelligence-powered enterprise SaaS platform with embedded B2B Buy Now Pay Later and insurance, transforming the global B2B supply chain by making business transactions faster and easier.

-- BERNAMA

MASTERCONTROL RAISES US$150 MLN FOR THE DEVELOPMENT OF SAAS SOLUTION

KUALA LUMPUR, Dec 16 (Bernama) -- MasterControl, a leading provider of quality and manufacturing software solutions for the life sciences has announced its first-ever funding, a US$150 million (RM661.5 million) Series A round led by Sixth Street Growth.

The proceeds will be used to accelerate the development of software-as-a-service (SaaS) solutions serving the company’s global life sciences customers, which include Pfizer, Cochlear, Thermo Fisher Scientific and more than 1,100 others worldwide.

Chief executive officer Jon Beckstrand said the company sees an urgent need to help its customers to deliver their breakthrough technologies to the market faster and at a lower cost.

“Our goal is to add a strategic partner with resources and expertise to help us to meet the significant need for our solutions. We’re fortunate to have the experienced investment team at Sixth Street Growth to help make that a reality,” he said in the statement.

Meanwhile, Sixth Street Growth managing director Nari Ansari said MasterControl has a proven business model, an accomplished leadership team, a marquee client base and a solid track record of growth.

“We’re honoured to be the company’s first external investor and look forward to supporting its continued success,” added Ansari.

MasterControl will use the financing to continue to build and enhance its solutions while also placing more focus on technology that will predict and prevent quality events, and enable true artificial intelligence-assisted manufacturing optimisation.

With half of the top 50 pharmaceutical and medical device companies as customers, MasterControl is poised to enter new markets adjacent to its core pharmaceutical and medical device segments, such as contract development and manufacturing, personalised medicine, and cell and gene therapy.

-- BERNAMA

UPDATE -- ICEOTOPE STUDY WITH META REVEALS EFFICIENCY OF PRECISION IMMERSION LIQUID COOLING FOR HIGH-DENSITY STORAGE DRIVES

 · First known study to test precision immersion cooling for high-density data storage successfully demonstrates efficiency

· Virtually silent operation helps mitigate acoustic vibrational issues associated with air-cooled solutions
· The introduction of sealed helium-filled HDDs opens the door for more effective precision immersion liquid cooling in storage racks 

SHEFFIELD, United Kingdom, Dec 14 (Bernama-GLOBE NEWSWIRE) -- Iceotope, the global leader in precision immersion cooling, announces a new study with Meta confirming the practicality, efficiency and effectiveness of chassis-level liquid cooling technology to meet the cooling requirements of high-density storage disks increasingly being deployed and utilised by hyperscale data centre service providers.

The recently published study with Meta suggests the advantages of improved thermal management, reduced vibration and equalised temperature across the JBOD, which leads directly to lower failure rates and costs for data centre operators. The hard drive systems supplied in a rack form factor in chassis drawers are an ideal fit for precision immersion cooling technology.

Neil Edmunds, Director of Innovation, Iceotope, said: “As demand for data storage continues to escalate, so will the solutions needed by hyperscale data centre providers to efficiently cool the equipment. The study demonstrated that liquid cooling for high-density storage successfully cools the drives at a lower, more consistent temperature for fewer drive failures, lower TCO and improved ESG compliance.”

High-density storage proliferating
With constant streams of data emerging from the Internet of Things, video, artificial intelligence and more, up to 463 exabytes of data is expected to be generated by each person, each day by 2025. How data is accessed and interacted with is constantly changing, causing a real impact on the processing and storage of that data. In just a few years, it's predicted that global data storage will exceed 200 zettabytes of which half will be stored in the cloud according to Cybersecurity Ventures.

This presents a unique challenge for hyperscale data centre storage infrastructure. According to Seagate, cloud data centres choose mass-capacity hard disk drives (HDDs) to store 90% of their exabytes. Typically found in a 3.5-inch form factor, HDDs are a tried and tested technology which continues to offer data centre operators cost-effective storage at scale. Current top-of-the-range units provide 20 TB capacity, but this is expected to reach >120TB by the end of the decade.

More data storage means more spinning disks, higher-speed motors, and more actuators – all of which translates into more power being used. As disks go up in power, so does the amount of heat they produce. The introduction of helium into hard drive enclosures over the last decade has not only improved disk performance with less drag but with the units now sealed, the practicality of using liquid cooling solutions at HDD level has been opened. 

http://mrem.bernama.com/viewsm.php?idm=45009

KYRIBA UNVEILS RECEIVABLES FINANCE SOLUTION, ENHANCES CONTROL OVER FINANCIAL RISK

KUALA LUMPUR, Dec 14 (Bernama) -- Global leader in cloud-based financial and information technology solutions Kyriba has launched Kyriba Receivables Finance, a solution that provides finance teams with greater control over factoring or securitisation programmes and which enables selective invoice financing.

The multi-funder solution integrates all vendor programmes into a single platform, providing a real-time overview of credit facilities, utilisation, limits, and programme performance.

“The speed with which companies can convert their receivables is essential for their survival, the faster the conversion, the less working capital required to support the business,” said its vice president for strategic marketing Bob Stark in the statement.

Meanwhile, head of working capital at Kyriba, Edi Poloniato said Kyriba Receivables Finance enables CFOs to release funds tied up in unpaid accounts receivables, quickly convert them into cash and optimise decision-making. 

“This solution enhances the control of financial departments over financial risk, automates the end-to-end process and reduces operational costs, while offering a single funder agnostic platform,” he said.

The Kyriba Receivables Finance key features include fast and efficient implementation; advance payment processing; payment and reconciliation; dashboards, reports, and tips; and seamless integration.

The module is available for corporates, large and medium-sized companies, and financial institutions in white-label solution.

With offices globally, Kyriba enables thousands of businesses to maximise growth opportunities, protect against losses from fraud and financial risk, and reduce costs through advanced automation.

-- BERNAMA

CRADLEPOINT ANNOUNCES AVAILABILITY OF ZERO TRUST NETWORK ACCESS SOLUTION FOR 5G AND HYBRID NETWORKS

Providing organisations with an easier way to identify, assign and manage user-to-application access using a fully integrated ZTNA solution

MELBOURNE, Australia, Dec 8 (Bernama-GLOBE NEWSWIRE) -- Cradlepoint, the global leader in cloud-delivered LTE and 5G wireless network solutions, is today announcing the availability of its third NetCloud Exchange (NCX) solution, Zero Trust Network Access.  NCX ZTNA ensures a native ZTNA experience that offers simplicity, efficiency, and granularity for Cradlepoint deployments.

While cellular connectivity delivers agility and the freedom to connect anyone from anywhere, this extended WAN edge—encompassing resources in sites, vehicles, and remote locations—creates a broader network attack surface. This, along with the need for an extended workforce to access resources in a secure way, requires an innovative approach to network security. Zero trust is emerging as the technology of choice to address these challenges. 

http://mrem.bernama.com/viewsm.php?idm=44959

TOSHIBA DEVELOPS SIC MOSFET WITH EMBEDDED SCHOTTKY BARRIER DIODE THAT DELIVERS LOW ON-RESISTANCE AND HIGH RELIABILITY

^{Toshiba: Schematic diagram of MOSFETs with newly developed check pattern embedded SBD-SiC MOSFET (Graphic: Business Wire)}


KAWASAKI, Japan, Dec 9 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation and Toshiba Corporation (collectively “Toshiba”) have developed an SiC metal oxide semiconductor field effect transistor (MOSFET) that arranges embedded Schottky barrier diodes (SBD) in a check pattern (check-pattern embedded SBD) to realize both low on-resistance and high reliability. Toshiba has confirmed that the design secures an approximately 20% reduction in on-resistance^[1] (R_onA) against its current SiC MOSFET, with no loss of reliability.^[2]

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221208006103/en/

 

Power devices are essential components for managing electric energy and reducing power loss in all kinds of electronic equipment, and for achieving a carbon neutral society. SiC is widely seen as the next generation material for the devices, as it delivers higher voltages and lower losses than silicon. While use of SiC now largely limited to inverters for trains, wider application is on the horizon, in areas including vehicle electrification and the miniaturization of industrial equipment. However, there is a problem that must first be overcome: bipolar conduction in the body diode during reverse operation of SiC MOSFET is harmful because it degrades on-resistance.

Toshiba Electronic Devices & Storage Corporation developed a device structure that embeds SBDs into the MOSFET to inactivate body diodes, but it found that replacing the MOSFET channel with an embedded SBD lowers channel density and increases R_onA. This trade-off has now been resolved with a new embedded SBD structure, and Toshiba has confirmed that it dramatically improves performance characteristics.

Toshiba has improved both conduction loss in its SBD-embedded SiC MOSFET, and achieved good diode conductivity, by deploying a check-pattern SBD distribution. Evaluation of the on-side current characteristics of 1.2kV-class-SBD-embedded MOSFETs with the optimized design confirmed that using the check design to position the embedded-SBDs close to the body diodes effectively limits bipolar conduction of the parasitic diodes, while the unipolar current limit of reverse conduction is double that realized by the current striped SBD pattern design for the same SBD area consumption. R_onA was found to be approximately 20% lower, at 2.7mΩ・cm².

This confirmed improvement in the trade-off is essential if SiC MOSFETs are to be used in inverters for motor drive applications. Toshiba is continuing to carry out evaluations toward improving dynamic characteristics and reliability, and to develop attractive, high performance power semiconductors that contribute to carbon neutrality.

Details of the achievement were reported at the 68th Annual IEEE International Electron Devices Meeting, an international power semiconductor conference held in San Francisco, USA, on December 3 to 7.

Notes:
[1] On-resistance is the resistance value between the drain and source of a MOSFET during operation (ON).
[2] As of November 2022, Toshiba research.

* Company names, product names, and service names may be trademarks of their respective companies.
* Information in this document, including product prices and specifications, content of services and contact information, is current on the date of the announcement but is subject to change without prior notice.

About Toshiba Electronic Devices & Storage Corporation

Toshiba Electronic Devices & Storage Corporation, a leading supplier of advanced semiconductor and storage solutions, draws on over half a century of experience and innovation to offer customers and business partners outstanding discrete semiconductors, system LSIs and HDD products.
The company's 23,000 employees around the world share a determination to maximize product value, and promote close collaboration with customers in the co-creation of value and new markets. With annual sales now surpassing 850-billion yen (US$7.5 billion), Toshiba Electronic Devices & Storage Corporation looks forward to building and to contributing to a better future for people everywhere.
Find out more at https://toshiba.semicon-storage.com/ap-en/top.html

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K.Tanaka, S.Mihashi
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Toshiba Electronic Devices & Storage Corporation
Tel: +81-44-548-2122
Mail: tdsc-publicrelations@ml.toshiba.co.jp

Source : Toshiba Electronic Devices & Storage Corporation

AM BEST AFFIRMS CREDIT RATINGS OF LONPAC INSURANCE

KUALA LUMPUR, Dec 9 (Bernama) -- Credit rating agency AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Lonpac Insurance Bhd.

AM Best in a statement said the credit ratings, which have a stable outlook, reflected Lonpac’s balance sheet strength, which was assessed as very strong, as well as its strong operating performance, neutral business profile, and appropriate enterprise risk management.

“Lonpac’s balance sheet strength is underpinned by its risk-adjusted capitalisation, which was at the strongest level at year-end 2021, as measured by Best’s Capital Adequacy Ratio, and is expected to remain at this level over the near to medium term.

"Despite a high dividend payout ratio over the past five years (2017- 2021), the company has demonstrated strong capital growth from retained earnings over this period,” it said.

AM Best said it assessed Lonpac’s operating performance as strong, as evidenced by its five-year average return-on-equity ratio of 31.5 per cent and a combined ratio of 66.1 per cent (2017-2021).

The rating agency said the insurance company’s combined ratio improved in 2021, driven by COVID-19-related movement restrictions in Malaysia.

“This has been followed by an uptick in claims activity this year due to the easing of these restrictions. Underwriting margins for property and marine classes of business have benefited from low net loss experience and favourable reinsurance commission income over a number of years, which remain the key drivers of technical profitability,” it added.

It also said investment returns continued to be a stable contributor to overall earnings. Prospectively, claims normalisation, as well as the ongoing phased liberalisation of motor and fire insurance pricing in Malaysia, may constrain underwriting margins over the near to medium term.

“Nonetheless, AM Best expects the company to maintain strong operating performance over the medium term, supported by its disciplined underwriting approach,” it said.

-- BERNAMA 

WEMADE STARTS GLOBAL CLOSED BETA TEST FOR 'MIR M' ONLINE ROLE-PLAYING GAMES

KUALA LUMPUR, Dec 8 (Bernama) -- Wemade Co Ltd, a South Korean online game developer will hold a global Closed Beta Test (CBT) for massively multiplayer online role-playing games (MMORPG) MIR M for four days from Dec 8 to 11.

“The test's first aims are inspecting the gameplay and system stabilisation in preparation for the service to be concurrently launched in 170 countries around the world in 12 languages,” it said in a statement.

The test participants can experience the key points of MIR M play, such as ‘Mandala’, a unique growth system through which players can build stats according to their choices and specialised professions.

All test participants will be offered a range of items, such as “Yellow Phoenixhen”, a limited-edition item that can be used in the game when the official service opens.

MIR M is a legitimate successor of ‘MIR’ IP, which was restored through a contemporary interpretation of the original game, ‘Legend of MIR 2’, and a sequel to ‘MIR 4’ that brought about the blockchain gaming frenzy worldwide.

The pre-download is available for global users on Dec 7. The mobile version can be downloaded from Google Play, and the personal computer version can be downloaded from the game’s official global website.

-- BERNAMA

TRANSFERJET CONSORTIUM MEMBER CARRIES OUT FIELD TRIAL OF CONTENT DISTRIBUTION SERVICE IN INDIA, DISTRIBUTING MOVIES AND GAMES USING TRANSFERJET X WIRELESS TRANSFER TECHNOLOGY

TOKYO, Dec 7 (Bernama) -- 

- Touch and Get 2-hour Movie in 2 Seconds -

A field trial of high-speed content distribution service was carried out at several subway stations around New Delhi, India, in November 2022 by HRCP Research and Development Partnership (hereinafter "HRCP R&D"), a member of the Tokyo-based TransferJet Consortium (hereinafter "the TJC"). The service enables users to download movies and games at an extremely high speed by just touching the devices used.

Logo:
https://kyodonewsprwire.jp/prwfile/release/M107196/202211290518/_prw_PI1fl_gLth0U1I.jpg

Outline of the trial:
Given a TransferJet X-installed dongle, attached to an Android smartphone, participants can select their favorite content types on an app developed by HRCP R&D. Then, by touching a Touch Point (transfer device) at a station, the selected content, for example, a 2-hour-long HD movie, is transferred in 2 seconds. The content is protected by Digital Rights Management (DRM). HRCP R&D is developing SoC (System-on-a-Chip) technology of TransferJet X ( https://www.hrcp.jp/en ).

http://mrem.bernama.com/viewsm.php?idm=44945

EVERBRIDGE UNVEILS PSINSIGHTS, INDUSTRY-LEADING PUBLIC SAFETY SOLUTION

KUALA LUMPUR, Dec 7 (Bernama) -- Everbridge Inc, the global leader in critical event management and national public warning software solutions, has introduced PSInsights which enables public safety authorities to gain deep visibility into critical situations, before, during and after they occur.

This is to streamline the response and keep people safe, it said in a statement.

Available as part of its public safety solution, Everbridge PSInsights provides the information and visualisation necessary for public safety professionals to properly communicate important life safety information to residents, tourists, or visitors in hazardous situations.

“Everbridge PSInsights provides situational awareness with real-time visibility into the scene of an incident.

The technology offers the required level of detail that helps emergency services communicate and respond quicker and more efficiently,” it said.

Everbridge senior director of public warning, Knut Gjerde said during critical events such as severe weather, flash flooding, or wildfires, public authorities need to quickly act and communicate important life safety information to the public.

“PSInsights provides public safety agencies the level of visibility they require to support the most effective response,” Gjerde said.

Everbridge PSInsights sheds light on the “black box” in which public authorities operate so that they can know how many people are impacted by a critical event so they can prepare an effective response.

In addition, public authorities can also determine the exact location of people at risk to send proper instructions or evacuation orders and understand the nationalities of those impacted so authorities can communicate in their native languages.

“The visual map interface can also complement existing cell broadcast-based population alerting systems and integrate with many leading mass notification platforms,” it added.

Everbridge was founded in 2002 in the aftermath of the tragic events of 9/11 with the mission of helping to keep people safe amid critical situations.

-- BERNAMA

PLANVIEW NAMED AS LEADER IN VALUE STREAM MANAGEMENT

KUALA LUMPUR, Dec 7 (Bernama) -- Planview Inc, a portfolio management and work management solutions provider, has received the highest score in Value Stream Management (VSM) dashboard and analytic capabilities in “The Forrester Wave: Value Stream Management Q4 2022 Report”.

The report by global research firm Forrester also named the United States (US)-based Planview as the top scorer in key performance indicator tracking, third-party tool integration, product vision and innovation roadmap.

The announcement follows Planview’s acquisition of Tasktop, a Canadian VSM platform earlier this year.

Planview Tasktop implements the popular Flow Framework created by Dr Mik Kersten, the chief technology officer at Planview and the former Tasktop founder and chief executive officer.

“We believe it is an incredible achievement to be recognised as a leader by Forrester for our market-shaping VSM solution.

“Our pioneering VSM solution provides clear, simple visibility into fragmented delivery processes and aligns them to business outcomes,” said Kersten.

According to the Forrester Wave report, enterprises with complex value streams will see many benefits from using Planview.

The report stated that until recently, shortening time to market, tracking the value delivered, or simply finding software delivery bottlenecks was a game of guesswork and hopeful iteration.

“With Planview, reference customers report high degrees of success in using Tasktop to analyse and uncover wasteful practices, resulting in higher throughput and value delivered,” the report added.

Headquartered in Austin, Texas, USA, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide.

-- BERNAMA

AM BEST CALLS FOR EFFECTIVE CORPORATE GOVERNANCE ON FTX CRYPTOCURRENCY EXCHANGE FAILURE

KUALA LUMPUR, Dec 6 (Bernama) -- The collapse of the cryptocurrency exchange FTX has highlighted the importance of effective corporate governance, according to global credit rating agency, AM Best.

In its commentary, titled “Corporate Governance Lessons for Insurers in the Wake of the Failure of FTX,”, AM Best said that the series of events leading to FTX’s collapse should provide a sobering warning for the insurance industry.

It noted that FTX surprisingly did not have a board of directors.

“An experienced, informed and independent board is vital for effective governance practices, to ensure insurance companies are run and challenged in an appropriate way,” said AM Best director of analytics, Michael Dunckley.

He said that as part of its rating process, AM Best would assess the substance of an insurer’s governance, as well as its stated policies.

“The board should be able to effectively hold senior management to account and ensure that stakeholders’ interests are protected,” he said.

Ultimately, it said, FTX suffered from a concentration of power in the hands of a single individual, combined with a lack of experience amongst its senior management team.

AM Best said it typically takes a favourable view of an insurance company's enterprise risk management frameworks, which incorporate lessons learned from recent events and emerging issues.

“Equally, AM Best expects insurers with strong governance practices to be better able to manage risks.

“A lack of transparency with external parties in terms of financial reporting or making misleading public statements is a powerful indicator of poor corporate governance and can precede a substantial decline in a company’s financial strength,” the rating agency said.

AM Best added that it incorporates an assessment of the regulatory environment into credit rating analysis, particularly through the assessment of country risk, and believes that well-developed and effective regulatory regimes put a strong focus on effective corporate governance.

-- BERNAMA

AM BEST DOWNGRADES CREDIT RATINGS OF HOTAI INSURANCE CO., LTD., REVISES UNDER REVIEW STATUS TO DEVELOPING IMPLICATIONS

HONG KONG, Dec 5 (Bernama-BUSINESS WIRE) -- AM Best has downgraded the Financial Strength Rating to B++ (Good) from A (Excellent) and the Long-Term Issuer Credit Rating to “bbb” (Good) from “a” (Excellent) of Hotai Insurance Co., Ltd. (Hotai Insurance) (Taiwan). Concurrently, the under review status of these Credit Ratings (ratings) has been revised to developing implications from negative.

The ratings reflect Hotai Insurance’s balance sheet strength, which AM Best assesses as weak, as well as its adequate operating performance, neutral business profile and marginal enterprise risk management (ERM). The ratings also reflect the support that the company receives from its ultimate parent, Ho Tai Motor Co., Ltd. (Ho Tai Motor).

The ratings downgrade reflects the material deterioration in Hotai Insurance’s risk-adjusted capitalisation from the strongest level in 2021 to the very weak level in its 2022 year-end projection, as measured by Best’s Capital Adequacy Ratio (BCAR). This is mainly due to the very significant claims arising from pandemic insurance products, which exceeded the two rounds of capital injection from Ho Tai Motor that totalled TWD 26.0 billion. Given Hotai Insurance’s cash and cash equivalents, and liquid investments, AM Best views the company as being equipped with adequate liquidity to fulfil its claims obligations.

Going forward, AM Best expects capital and surplus growth to resume through full retention of earnings derived from profitable non-pandemic insurance underwriting, albeit it is unlikely to recover to pre-COVID levels over the short to intermediate term. In addition, the company’s ERM assessment was revised to marginal from appropriate to reflect the larger-than-industry average losses experienced by the company, which exposed its shortcomings in corporate governance in product risk and accumulation risk control. The under review with developing implications reflects the uncertainty in the ultimate claims amount, which depends on Taiwan’s COVID-19 development and potential changes in the government’s pandemic policies over the next few months, as well as potential further capital support from Ho Tai Motor if needed.

Hotai Insurance reported a significant net loss of TWD 21.8 billion for the first nine months of 2022, compared to a net profit of TWD 713 million during the same period last year. Notwithstanding, AM Best considers the pandemic insurance loss as a one-off event, and the company is likely to return to profitability and support the adequate operating performance assessment prospectively, given the improving trend in underwriting and operating performance from 2017 to 2021.

Leveraging its long-established relationship with Toyota Motor Corporation, Ho Tai Motor has been the top automotive distributor in Taiwan for two decades and holds a reasonable lead ahead of its competitors. Since Hotai Insurance was acquired in 2017, it has benefitted from the parent’s extensive network of car dealers to achieve rapid growth in the motor business, in addition to active expansion in commercial and personal lines. Going forward, AM Best expects that Hotai Insurance will continue to play a strategic role in Ho Tai Motor’s business ecosystem and the group’s fundamentals will remain strong to provide explicit and implicit support to Hotai Insurance, as demonstrated by the capital injections. The lift assessment reflects AM Best’s expectation that the parent will provide additional explicit support in a timely manner to strengthen the company’s balance sheet strength, if the ultimate pandemic insurance claims losses well exceed the TWD 26.0 billion capital injection.

The ratings will remain under review with developing implications pending increased visibility of the pandemic insurance ultimate loss level and the magnitude of capital impact, as well as the level and timeliness of financial support from the parent. AM Best will continue to hold discussions with Hotai Insurance’s management team on claims development and potential further contingency capital plans if needed to assess the impact to the company’s credit profile.

Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2022 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

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Contact

James Chan
Associate Director, Analytics
+852 2827 3418
james.chan@ambest.com

Christie Lee
Senior Director, Analytics
+852 2827 3413
christie.lee@ambest.com

Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 439 2200, ext. 5098
al.slavin@ambest.com

Source : AM Best

FRANCISCO OLIVA APPOINTED BUSINESS DEVELOPMENT MANAGER, SOUTH AMERICA OF NIKKISO CRYOGENIC INDUSTRIES

KUALA LUMPUR, Dec 2 (Bernama) -- Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group has appointed Francisco Oliva as business development manager for South America.

Oliva has both mechanical engineering and MBA degrees and brings over 30 years of experience in the Industrial Gas industry working with Air Products (previously Indura) in South America.

He has been instrumental in the implementation and optimisation of business development, processes, and project management for national and multinational companies in the areas of acquisitions, business development and procurement in South America.

Based in Santiago, Chile, he will manage and develop business opportunities there and in the entire South American territory.

Oliva will report to the executive vice-president, sales and business development,  Emile Bado and president of Nikkiso Cosmodyne, George Pappagelis.

“We look forward to being able to grow and expand our support of this important market with Francisco’s industry and market knowledge, and to further develop opportunities in this region,” Bado said in a statement.

With this addition, Nikkiso continues its commitment to be both a global and local presence for its customers.

-- BERNAMA

PLANVIEW SELECTS AMAZON WEB SERVICES AS PREFERRED PUBLIC CLOUD PROVIDER

KUALA LUMPUR, Dec 1 (Bernama) -- Planview, a global leader in Portfolio Management and Work Management solutions, announced that it has selected Amazon Web Services Inc (AWS) as its preferred public cloud provider.

In a statement, the company said that it is using AWS’s broad portfolio of cloud technologies and solutions to drive the efficiency, security and reliability needed to scale its connected platform of solutions and accelerate innovation for its customers.

Headquartered in Texas, United States, Planview has more than 1,300 employees supporting 4,500 customers.

“AWS provides us with the reliable foundation and agility we need to continue to drive innovation, scale our global operations, and quickly, securely and efficiently serve as the backbone for our connected platform that supports both our organisation and our customers.

“With AWS, we will continue to help our growing customers connect their ideas and deliver positive outcomes – especially in times of change,” said Planview chief executive officer, Razat Gaurav.

Leveraging the breadth and innovation of AWS cloud technologies and solutions enables Planview to seize new market opportunities quickly and become even more responsive to customers’ needs through the connected Planview platform.

The company is working with AWS to enhance its operational efficiencies through automation, streamlined processes and real-time analytics.

With this cloud infrastructure, Planview will continue to provide first-class service to its 2.6 million users worldwide.

-- BERNAMA

VANDERBURGH CO. CYBER CRIME TASK FORCE AND CELLEBRITE COMBINE EFFORTS TO RESOLVE CRIMES QUICKER AND EXONERATE THE INNOCENT

 

Vanderburgh Co. Cyber Crime Task Force makes the most of grant funding to provide the best Digital Intelligence technology to its community

PETAH TIKVA, Israel, TYSONS CORNER, Va., and EVANSVILLE, Ind., Dec 1 (GLOBE NEWSWIRE) -- Cellebrite DI Ltd. (Nasdaq: CLBT), a global leader in Digital Intelligence (DI) solutions for the public and private sectors, today announced the results of its work with the Vanderburgh Co. Cyber Crime Task Force (VCCCTF) to accelerate justice with Cellebrite collect and review solutions.

 

At present, Director Jess Powers’ VCCCTF team utilizes Cellebrite Premium, as well as other Cellebrite collect and review solutions.

 

Director Powers stated, “Prior to our digital transformation, it took months to retrieve data from devices. With Cellebrite, we expect to deliver actionable intelligence in just three days.” Over time, Director Powers has built a unit that now services 29 agencies from 11 states.

 

Director Powers stated, “There’s a reason people are after Cellebrite Premium [….] As soon as agencies find out that we have one just by word of mouth, they start coming to us.”

 

Director Powers stated, “With the data that we’re churning out from over a thousand devices [in 18 months], our average disposition time for felonies is about 137 days, compared to 255, which is the national average. Based on the statistics that we have, for the first year and half that we’ve been doing this, we’ve been able to churn out about a 73% successful prosecution rate.”

Director Powers assembled a team of digital forensics experts including Criminal Investigator Gage Shots, Criminal Investigator Jon Carter, and Criminal Investigator Alexis Nunn.

 

In one case, a violent felon was sentenced to 15 years in federal prison for drug trafficking and gun crimes based on the data retrieved using the Cellebrite collect & review solutions.

Cellebrite’s solutions also assist with the exoneration of the innocent. As Director Powers explained, “Within less than 12 hours, we were able to exonerate a crime suspect so that their name was never in the news with a charge, their mug shot didn’t pop up, and they were never taken to jail.”

 

When asked what inspires her to come to work each day, Director Powers responded, “Our team can exonerate the innocent, we can convict the guilty, and I never have to put a bulletproof vest on. That’s it for me.”

 

To view a video of Director Jess Powers and the Vanderburgh Co. Cyber Crime Task Force, please visit here.

 

About Cellebrite

Cellebrite’s (Nasdaq: CLBT) mission is to enable its customers to protect and save lives, accelerate justice, and preserve privacy in communities around the world. We are a global leader in Digital Intelligence solutions for the public and private sectors, empowering organizations in mastering the complexities of legally sanctioned digital investigations by streamlining intelligence processes. Trusted by thousands of leading agencies and companies worldwide, Cellebrite’s Digital Intelligence platform and solutions transform how customers collect, review, analyze and manage data in legally sanctioned investigations. To learn more visit us at www.cellebrite.com, https://investors.cellebrite.com, or follow us on Twitter at @Cellebrite UFED.

 

Cellebrite Media

Victor Cooper
Public Relations and Corporate Communications Director
Victor.Cooper@cellebrite.com
+1 404.804.5910

 

Investors
Investor Relations
investors@cellebrite.com 

 

SOURCE : Cellebrite Inc.