Irish MedTech Company Medihive Receives €7 Million Investment

The business is now valued at €62 million following the investment. Medihive includes Ireland’s largest online doctor service WebDoctor.ie. The investment will be used to fuel international growth, drive R&D innovation and accelerate healthcare software developments. Medihive will recruit up to 42 key hires across sales, engineering, doctors and marketing departments, adding to the 130 people already working with the company.

David Crimmins CEO of MediHive and Katrin Pucknat President of ResMed Germany

DUBLIN, Feb. 06, 2023 (GLOBE NEWSWIRE) — Medihive, Ireland’s award-winning health technology platform, which includes Webdoctor.ie, has secured an investment from ResMed, an international leader in digital health and cloud-connected medical device innovation, as well as existing shareholders including VentureWave Capital. The investment now values the business at €62 million.

Medihive is a software company built to transform medical processes that don’t work so patients can benefit from healthcare that does work. The business provides sophisticated software and clinical solutions to the healthcare, pharmacy and insurance industries, as well as direct to consumers and corporates via www.webdoctor.ie. The company combines digital and clinical know-how to bring clients and their end users high-quality virtual care on a global scale.

The €7 million investment announced today will be used to further increase the international growth of the business, drive investment and innovation in R&D and accelerate healthcare software developments. The company currently employs 130 people and it is expected this number will now increase by a further 42 employees over the next two years.

ResMed, whose cloud-connected medical devices transform care for people with sleep apnea, COPD and other chronic diseases, enabling people to live healthier lives, has been working with Medihive since 2019 and now joins as an investor. ResMed Germany led deal negotiations on behalf of the organisation. As a result of their investment, ResMed will now take a seat on the board to work with the team to accelerate the growth of the business.

Meanwhile, existing shareholders in Medihive have invested additional capital into the business. This follows the €3 million investment in August 2021 by VentureWave Capital, the private equity firm that focuses on entrepreneurial companies that make a positive social impact, are in vital sectors and address UN Sustainable Development Goals. At the time of VentureWave Capital’s €3 million in August 2021, the business was valued at €48 million. Today’s investment now values the company at €62 million, a significant 29% increase.

Noel McSweeney, Chairman of Medihive, said: “The investment from ResMed alongside the increased support from current shareholders demonstrates our shared passion for medical technology advancement and will allow Medihive and Webdoctor.ie to further expand and develop our services while continuing to provide transformative digital healthcare solutions.”

Katrin Pucknat, President of ResMed Germany, said: “At ResMed, our mission is to change 250 million lives in 2025 in out-of-hospital care settings, and today’s announcement fits perfectly with that goal. Our work to date with Medihive has transformed the lives of our patients by making their care pathway less disjointed and allowing them to get diagnosed for sleep apnea outside of a hospital setting. ResMed places significant importance on innovation and this investment will enable both organisations to continue to be at the forefront of developments in healthcare technology. We look forward to supporting the team at Medihive as part of their board and believe this relationship will create new opportunities for us both while continuing to transform the healthcare industry.”

David Crimmins, CEO of MediHive, said: “Medihive builds solutions to deliver positive patient outcomes by removing friction from their care journeys. This investment now comes at a pivotal moment for Medihive. Over the last two and a half years, demand for our services has surged as organisations realised they can achieve better patient outcomes by blending smart health technology with their traditional health infrastructures. This investment will enable us to continue meeting this demand while also allowing us to scale and expand our services in the continually evolving telehealth market both in Ireland and internationally. It’s an exciting time for Medihive, and we’re really looking forward to working with ResMed and our current shareholders to continue to make advances and improvements in digital healthcare for patients and professionals in the industry alike.”

Alan Foy, Chairman and Managing Partner VentureWave Capital, said: “We are delighted to once again invest in Medihive alongside ResMed, a key strategic investor. As a successful Irish health technology business that’s making an impact on delivering digital health and patient outcomes, this investment demonstrates our continued support and confidence in Medihive’s business goals, global impact and strategic ambitions.

                       Inspiring a world where instant, frictionless access to healthcare is the norm.

                                                             Medihive, Welcome Tomorrow.

For more information, visit www.medihive.com

Contact Information:
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PR Director
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087 2487120

Viv Murphy
PR Senior Account Manager
vivmurphy@uniquemedia.ie
0876160846

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Acronis builds on partner momentum with Alex Ruslyakov named a 2023 CRN Channel Chief

Acronis #CyberFit Partner Program kicks off 2023 with new innovations to fuel rapid growth and global expansion

Alex Ruslyakov

Alex Ruslyakov named CRN Channel Chief

BURLINGTON, Mass., Feb. 06, 2023 (GLOBE NEWSWIRE) — Today, Acronis is honored to announce that CRN®, a brand of The Channel Company, has again recognized Alex Ruslyakov on its 2023 Channel Chiefs list. Acronis’ partner programs have seen tremendous growth over the past year, and Ruslyakov’s spot on this year’s list further signifies the program’s continued momentum.

Acronis has focused heavily on improving partner services and programs over the last year. In 2022, more than 3,500 new service providers joined Acronis’ #CyberFit Partner Program – consisting of service providers, resellers, developers and ISVs, OEM, and affiliate partners. This large number of new registrants is a testament to Ruslyakov’s leadership, partner-first approach, and his team’s effectiveness in helping MSPs accelerate their business growth with robust sales, marketing, and technical support day in and day out.

This success would not be possible without team members like 16-year Acronis veteran Ruslyakov. The team’s success and growth, especially on the doorstep of Acronis’ 20th anniversary, are undoubtedly due to his dedication and diligence in helping Acronis’ partners, and their customers, redefine and achieve success year after year.

“I am humbled to be featured in CRN’s Channel Chief’s List for the second year in a row,” Ruslyakov said. “When our partners succeed, so do we. Our mission is not only to support our partners but also to become an extended business development unit for them, leveraging our leading position in the market and extensive knowledge we’ve collected over years in selling software solutions and services.”

This year, the revised Partner Program boasts new updates including simplified requirements for partners to join the Program, extending benefits to zero-commit service providers, as well as a number of unique programs and promotions for all types of partners.

Acronis Advanced Packs promotion enables service providers to pilot a wide range of services such as advanced security, management, e-mail security, disaster recovery, and data loss prevention, and reimburse the costs for the initial 6 months of offering.

The Competitive Displacement Program helps MSPs to migrate their clients to Acronis Cyber Protect Cloud with a 100% rebate on Acronis usage until the end of the remaining contract with their current vendor.

The new Sales Development Funds (SDF) Program helps support MSPs to achieve their growth goals and objectives. The program offers joint marketing investment from Acronis in conjunction with the partner’s commitment to faster growth.

The #TeamUp Program has also seen extraordinary growth this past year with 15 new sports partnerships. Launched in February 2021, the program provides a unique opportunity for MSPs to deliver Acronis Cyber Protection Solutions to world-class sports teams. This partnership helps defend some of the world’s most famous sporting organizations. Collaboration is at the heart of Acronis’ partner programs’ rapid growth, demonstrating that community and sportsmanship are crucial to cybersecurity and IT operations at large. In 2023, Acronis looks to extend this program with smaller packaged offerings to cover a wider audience of MSPs.

Ruslyakov’s recognition on the 2023 Channel Chiefs list will be featured in the February 2023 issue of CRN Magazine and online at www.CRN.com/ChannelChiefs. Recipients were selected by the editorial staff based on their record of business innovation and dedication to the partner community. Every year, this list honors the IT channel executives who work tirelessly to advance the channel agenda and deliver successful channel partner programs and strategies. This year’s list represents the top IT executives responsible for building a robust channel ecosystem and helping their solution provider partners navigate an increasingly complex landscape of interconnected challenges and shifting industry dynamics.

To learn more about Ruslyakov’s 2023 CRN Channel Chief achievement and the latest partner program updates, check out our blog herehttps://www.acronis.com/en-us/blog/posts/acronis-alex-ruslyakov-named-a-2023-crn-channel-chief

Service providers interested in learning more about the Acronis partner programs are invited to join the 2023 Acronis #CyberFit Partner Kickoff, taking place on Wednesday, February 15 at 10:00 am ET. Attendees will gain valuable insight on new integration updates and learn how to reduce workloads, gain knowledge through Acronis certifications, and receive an inside look at the latest Acronis tech roadmap. Join us to learn how 2023 can be the year of growth by forging stronger partnerships with Acronis and providing clients with world-class cyber protection.

To register for the virtual global event, please visithttps://acronis.events/event/2023-acronis-cyberfit-partner-kickoff-americas-emea/

About Acronis

Acronis unifies data protection and cybersecurity to deliver integrated, automated cyber protection that solves the safety, accessibility, privacy, authenticity, and security (SAPAS) challenges of the modern digital world. With flexible deployment models that fit the demands of service providers and IT professionals, Acronis provides superior cyber protection for data, applications, and systems with innovative next-generation antivirus, backup, disaster recovery, and endpoint protection management solutions powered by AI. With advanced anti-malware powered by cutting-edge machine intelligence and blockchain based data authentication technologies, Acronis protects any environment – from cloud to hybrid to on premises – at a low and predictable cost.

Acronis is a Swiss company, founded in Singapore. Celebrating two decades of innovation, Acronis has more than 2,000 employees in 45 locations. Acronis Cyber Protect solution is available in 26 languages in over 150 countries and is used by 16,000 service providers to protect over 750,000 businesses.

About The Channel Company

The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers, and end users. Backed by more than 30 years of unequaled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelcompany.com

Follow The Channel Company: TwitterLinkedIn, and Facebook.

© 2023 The Channel Company, LLC. CRN is a registered trademark of The Channel Company, LLC. All rights reserved.

Acronis Media Contact:

Karl Bateson

Karl.Bateson@acronis.com

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World Youth Forum Launches Large Package of Development Initiatives and Projects

The World Youth Forum announced that this year’s sponsorship revenues will support initiatives that contribute to development and increase the quality of life for citizens. Sponsorship revenues will go to supporting entrepreneurship, food security, empowering youths, migrants, mental health and voluntarism. The projects will be implemented in cooperation with leading international organizations and with WYF National and international partners.

Dr. Rascha Ragheb, Executive Director of the World Youth Forum

CAIRO, Feb. 06, 2023 (GLOBE NEWSWIRE) — Dr. Rascha Ragheb, the executive director of the World Youth Forum, announced that the fifth edition of the WYF will not be launched in its traditional annual format due to the recent successive global crises and their humanitarian and economic repercussions.

Instead, the proceeds from sponsorship revenues will be directed towards implementing a large package of development initiatives and programs that have a direct impact on citizens and young people, both in Egypt and the world, in cooperation with the forum’s international and national partners.

The initiatives include:

  • An initiative for supporting small and medium-sized enterprises and helping entrepreneurs start or expand their businesses, especially in villages. This is in cooperation with the Ebda initiative for the development of Egyptian industry, the Haya Karima Foundation, the Federation of Egyptian Industries, Entlaq Company, the UN Industrial Development Organization, the UN Development Program, and the International Labour Organization.
  •  The ‘Learning to Earning’ initiative aims to qualify Egyptian, Arab, African, and expatriate youth for the labour market and help them overcome obstacles and obtain decent jobs. The initiative will be implemented in cooperation with the UN Children’s Fund and the National Training Academy.
  •  A program to tackle the challenges of food security and develop the capacities of farmers and food industries in Egypt and Africa. Participants include the Ebda initiative, the National Alliance for Civil Development Work, the Haya Karima Foundation, and the UN Food and Agriculture Organization.
  • A mental health support program for the victims of conflict zones, in cooperation with the Fahim Foundation and the World Health Organization.
  • An international initiative to support and empower refugees and migrants and enhance their integration into educational, healthcare, and social protection programs through cooperation with the UN High Commissioner for Refugees in Egypt, the International Organization for Migration, Save the Children, and the International Committee of the Red Cross.
  • The World Youth Forum Platform for Volunteers will qualify volunteers to participate in charitable work that targets in-need and conflict-stricken countries. The initiative will also implement many exchange programs for volunteers between different countries in cooperation with the Haya Karima Foundation, the National Alliance for Civil Development Work, the Arab Voluntary Union, and UN Volunteers.

About the WYF

The WYF is an annual international forum that takes place in the City of Sharm El-Sheikh in South Sinai, under the auspices of H.E. President Abdel-Fattah El-Sisi, president of Egypt. Four editions of the WYF were held in 2017, 2018, 2019 and 2021. For more information, visit https://wyfegypt.com/

Contact Information:
Eman Salem
press@30n.org
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Fortinet Unveils New ASIC to Accelerate the Convergence of Networking and Security Across Every Network Edge

Fifth-generation security processing unit (FortiSP5) delivers unparalleled levels of power-efficient performance to open new frontiers for securing the branch, campus, 5G, edge compute, operational technologies, and more

Fortinet Custom ASIC FortiSP5

Fortinet Unveils New ASIC to Accelerate the Convergence of Networking and Security Across Every Network Edge

SUNNYVALE, Calif., Feb. 06, 2023 (GLOBE NEWSWIRE) —

Ken Xie, Founder, Chairman of the Board, and Chief Executive Officer at Fortinet
“With the introduction of FortiSP5, Fortinet once again sets new industry records for performance, cost, and energy efficiency. As the only cybersecurity vendor leveraging purpose-built ASICs, an over 20-year investment in innovation, Fortinet delivers the secure computing power that will support the next generation of secure infrastructure.”

News Summary
Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced FortiSP5, the latest breakthrough in ASIC technology from Fortinet, propelling major leaps forward in securing distributed network edges. Building on over 20 years of ASIC investment and innovation from Fortinet, FortiSP5 delivers significant secure computing power advantages over traditional CPU and network ASICs, lower cost and power consumption, the ability to enable new secure infrastructure across branch, campus, 5G, edge compute, operational technologies, and more.

Unparalleled Innovation in Custom Chip Performance 
With an application-specific design and embedded multi-core processors to accelerate the convergence of networking and security functions, FortiSP5 delivers:

  • 17x faster firewall performance compared to leading standard CPUs.
  • 3.5x faster next-generation firewall (NGFW) performance compared to leading standard CPUs to handle higher levels of traffic inspection to detect and block threats.
  • 32x faster encryption to protect sensitive data and secure virtual private networks.
  • 2.5 Gbps of SSL deep inspection to deliver the processing power needed to inspect encrypted traffic for malware without performance issues.
  • Secure boot to allow only approved operating system software to boot up, protecting critical infrastructure against malicious tampering.
  • Volumetric DDoS protection to thwart distributed denial-of-service (DDoS) attacks.
  • VXLAN/GRE hardware-accelerated encapsulation to enable secure interconnectivity for distributed networks.
  • Hardware-accelerated Quality of Service (QoS) to enhance user experience with dedicated QoS for sensitive applications such as videoconferencing.

Significant Cost and Energy Savings
As a fifth-generation 7-nanometer chip, FortiSP5 packs more capabilities in a smaller form factor to deliver:

  • 88% less power consumption compared to the leading industry-standard CPU
  • Industry-leading performance per watt
  • Industry-leading price-performance

Supporting More Applications to Enable Important Customer Use Cases
With the ability to accelerate and concurrently run 2x more applications—for example, NGFW, zero-trust network access (ZTNA), SD-WAN, and SSL inspection—compared to the previous generation, FortiSP5 will support use cases such as:

  • Branch/Campus: FortiSP5 ensures the transition to SD-Branch is efficient and cost-effective in a small form factor, enabling IT staff to simplify management and reduce OpEx while increasing network uptime. Additionally, as more organizations embrace the cloud and hybrid work model, FortiSP5 will continue to be a driver for Secure SD-WAN to empower customers to securely and seamlessly access applications anywhere while delivering consistent user experience with an optimized platform.
  • Edge Compute: As edge computing improves efficiency and cost control through processing close to the edge, FortiSP5 supports high-speed networks and security threat protection for both commercial and operational technology (OT) environments, minimizing bottlenecks for traffic movement.
  • Operational Technology: The convergence of IT and OT has opened the infrastructure to increased security risks that can disrupt operations. FortiSP5 enables scalable convergence, securing both OT and IT infrastructures with a single, high-performance platform.
  • 5G: 5G adoption is on the rise in enterprise networks, fueling innovation at the edge as it provides higher bandwidth and lower latency. FortiSP5 enables a seamless transition to support 5G with an optimized and sustainable platform.

Proven System on a Chip Technology
FortiSP5 will power the next generation of entry and mid-range FortiGate firewalls being released later this year. Now on its fifth generation, we believe Fortinet’s proprietary system on a chip technology has a proven track record of powering the industry’s top-performing products and solutions. A few examples include:

  • Fortinet has been named a Leader in the 2022 Gartner® Magic Quadrant™ for Network Firewalls,¹ marking the thirteenth time Fortinet has been recognized in this Magic Quadrant.
  • A recent Forrester study² highlighted that customers deploying Fortinet’s Secure SD-WAN solution, which is backed by FortiGate and SOC technology, achieved a 300% return on investment over 3 years with a payback period of only 8 months.

Fortinet Supports Sustainability Goals
The energy efficiency and performance per watt of FortiSP5 and the products that leverage the chip will help organizations reduce their power and space requirements. Fortinet remains committed to sustainable product innovation to ensure each generation of its products consumes less energy and is built sustainably.

Fortinet FortiSP5

FortiSP5, the latest breakthrough in ASIC technology from Fortinet, propelling major leaps forward in securing distributed network edges.

Today, Fortinet’s Sunnyvale headquarters is a net-zero emissions facility and plans for global operations to be completely carbon neutral by 2030. Fortinet was recently named to the 2022 Dow Jones Sustainability World and North America Indices as one of the top sustainable companies in the world, highlighting Fortinet’s commitment to achieving a sustainable society.

Supporting Quote:
“Enterprise applications and the users and devices that access them are more distributed than ever, which is causing organizations to rethink their edge network and security architectures. A key to enabling enterprise edge networking is having strong security without compromising on network performance and user experience. Fortinet has a 20-year history in ASIC technology that helps achieve these goals, and the company’s newest FortiSP5 continues that legacy. Fortinet’s portfolio of converged network and security solutions with custom chips helps enterprises accelerate their edge network and security transformation.”
– Brandon Butler, Research Manager, Enterprise Networks at IDC

Additional Resources

¹ Gartner, Magic Quadrant for Network Firewalls, Rajpreet Kaur, Adam Hils, Tom Lintemuth, 19 December 2022.

² “The Total Economic Impact™ Of Fortinet Secure SD-WAN”, a commissioned study conducted by Forrester Consulting on behalf of Fortinet, December 2022.

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark of Gartner and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

About Fortinet
Fortinet (NASDAQ: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere you need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.

FTNT-O

Copyright © 2023 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFone, FortiGSLB, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMoM, FortiMonitor, FortiNAC, FortiNDR, FortiPenTest, FortiPhish, FortiPlanner, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM and FortiXDR. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

Media Contact: Investor Contact: Analyst Contact:
Michelle Zimmermann
Fortinet, Inc.
408-235-7700
pr@fortinet.com
Peter Salkowski
Fortinet, Inc.
408-331-4595
psalkowski@fortinet.com
Brian Greenberg
Fortinet, Inc.
408-235-7700
analystrelations@fortinet.com

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Bombardier CEO Éric Martel Evolves Leadership Team Structure as Part of Forward-Looking Growth Strategy, Building on Company Momentum

  • Jean-Christophe Gallagher appointed Executive Vice President, Aircraft Sales and Bombardier Defense
  • Paul Sislian appointed Executive Vice President of Bombardier Aftermarket Services & Strategy
  • David Murray appointed Executive Vice President, Manufacturing, IT and Bombardier Operational Excellence System
  • Eric Filion joins Bombardier to the newly created role of Executive Vice President, Programs and Supply Chain
  • Michel Ouellette will lead Engineering and Product Development until planned retirement later in 2023, following a 33-year, successful career

MONTREAL, Feb. 06, 2023 (GLOBE NEWSWIRE) — Bombardier today announced a leadership team evolution that will focus on carrying forward the company’s positive momentum toward executing long-term growth and optimization strategies in the key areas of defense, services, continuous product improvement and next-generation manufacturing practices.

“Bombardier has successfully embarked on its journey as a company focused on its world-class business jet portfolio. As we continue to meet or exceed targets, it is the right time to thoughtfully reshape key leadership functions to ensure the solid foundation we have set fully carries our momentum well into the future,” said Éric Martel, President and CEO, Bombardier. “Our leadership team members are talented and have delivered on commitments time and again these past years, and this new alignment will further build upon the foundations they have successfully set for Bombardier.”

As part the leadership structure evolution, the following alignments and appointments will take effect on February 20, and all other existing Bombardier leadership team members will continue in their roles:

Jean-Christophe Gallagher is appointed Executive Vice President, Aircraft Sales & Bombardier Defense. Gallagher will lead all aspects of Bombardier’s growing defense business as its product offering and customer base expand. Gallagher will also oversee the talented Sales team led by Peter Likoray, Senior Vice President, New Aircraft Sales. Under Peter’s leadership, Bombardier has grown its backlog and built local roots across the world. Peter will continue to deepen his and his team’s passion for crafting unique experiences for Bombardier customers as they match their discerning needs to the company’s exceptional portfolio.

Paul Sislian is appointed Executive Vice President, Bombardier Aftermarket Services & Strategy. Having spent 15 years optimizing and leading Bombardier’s business jet manufacturing facilities and processes, Sislian will now carry forward and accelerate the division’s strategic growth journey that saw Bombardier inaugurate four newly built or expanded maintenance facilities around the world in 2022.

All aerostructures, assembly and completions activities will be led by David Murray, who will add these responsibilities to his current mandates and is appointed to the role of Executive Vice President, Manufacturing, IT and Bombardier Operational Excellence System (BOE). The alignment of these three functions will enable a new focus on availing teams of next-generation digital technologies to further enhance Bombardier core processes.

Éric Filion is appointed to the new role of Executive Vice President, Programs and Supply Chain. In this capacity, Filion will oversee all Bombardier supplier relationships and lead continuous, competitive improvement efforts for all in-production Bombardier aircraft. Filion previously held operations and program leadership positions at Bombardier, including oversight of the Challenger aircraft production facility. Most recently he served as Executive Vice President, Chief Operating and Customer Experience Officer for Hydro-Québec. Filion will join Bombardier on February 20, 2023.

Finally, Michel Ouellette will lead Engineering and Product Development as the group’s Executive Vice President. After a 33-year career at Bombardier that culminated in the successful certification of the Global 7500 jet and subsequent launch of the performance-leading Global 8000 flagship aircraft, Ouellette is set to retire at the end of June 2023.

“Michel’s contributions to Bombardier can certainly be enumerated at great length, and their positive and lasting impact on our people, our products and our company is simply immeasurable,” said Martel. “On behalf of everyone at Bombardier whose lives Michel has touched, I want to sincerely thank him for his leadership and passion—and wish him all the best in his next chapter. I also look forward to continuing collaborating in the months ahead, as we press forward with exciting projects.”

About Bombardier
Bombardier (BBD-B.TO) is a global leader in aviation, focused on designing, manufacturing, and servicing the world’s most exceptional business jets. Bombardier’s Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance, and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. Bombardier aircraft are also trusted around the world in government and military special-mission roles leveraging Bombardier Defense’s proven expertise.

Headquartered in Greater Montréal, Québec, Bombardier operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. The company’s robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Italy, Austria, the UAE, Singapore, China and Australia.

For corporate news and information, including Bombardier’s Environmental, Social and Governance report, as well as the company’s plans to cover all its flight operations with Sustainable Aviation Fuel (SAF) utilizing the Book and Claim system visit bombardier.com. Learn more about Bombardier’s industry-leading products and customer service network at businessaircraft.bombardier.com. Follow us on Twitter @Bombardier.

Bombardier, Global, Global 7500, Global 8000 and Challenger are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

For Information
Mark Masluch
Bombardier
+1-514-855-7167

GlobeNewswire Distribution ID 8743397

Freshworks and Meta Partner to Help Businesses Elevate Conversational Customer Experience Through the World’s Most Popular Messaging Apps

Powered by the Freshworks Neo platform, the Freshworks CX and CRM integrations with WhatsApp, Instagram Messaging, and Facebook Messenger, enable teams to deliver intelligent and personalized messages at scale

SAN MATEO, Calif., Feb. 06, 2023 (GLOBE NEWSWIRE) — Freshworks Inc. (NASDAQ: FRSH) today announced that companies around the world have increased customer retention by using Freshworks’ conversational AI bots to automate communication with buyers through WhatsApp, Instagram Messaging, and Facebook Messenger. International companies like MTN Cameroon in Africa, Body & Fit in Europe and The Giving Movement in Dubai have elevated their customer support efficiency on Meta’s messaging platforms using Freshworks’ Freshchat™, Freshdesk™ and Freshsales™ products.

With over two billion daily active WhatsApp users, nearly two billion daily active Facebook users, and more than two billion monthly active Instagram users, Meta provides the world’s most popular messaging platforms. The Meta Business Messaging integrations with Freshworks’ CX and CRM products make customer and prospect engagement easy for support, sales, and marketing teams. With Freshworks AI-powered bots, businesses can tailor and automate messaging journeys for each channel, configure workflows across multiple channels or languages, and efficiently train bots with NLP learning capabilities.

“Messaging is how people and businesses want to communicate and get business done. Businesses of all sizes are embracing this shift and finding new opportunities to better engage with customers, offer support, and drive sales,” said Kyle Jenke, Business Messaging, Director of Partnerships at Meta. “We’re excited to work with Freshworks to make WhatsApp available for more businesses to better manage the end-to-end customer journey on our messaging platform.”

According to Forrester, 68 percent of consumers say that if they can choose where to make a purchase, they are more likely to go with a business that offers convenient communication. That is why companies like The Giving Movement deliver superior customer engagement through Freshworks’ WhatsApp and Instagram integrations. The UAE-based sustainable fashion brand focuses on proactive conversations in place of transactional messages, which is finding resonance with its global customer community. Nick Fisher, COO of The Giving Movement, said, “We are a purpose driven brand and we believe in a customer-first approach. Freshworks enabled us to communicate with our customers through the channel of their choice. With the omnichannel function, we were able to address customer queries from multiple channels in a single view – thus helping us further our vision through our customer community.”

Another joint customer, MTN Cameroon, local operation of the largest telecommunications operator in Africa, uses Freshworks’ integration with Meta’s messaging channels to reach its goal of increasing digital communication with customers and multiplying means of contact. “Around 2 years ago, we only had 20 percent digital penetration for customer support, with a majority of our customers coming to our physical stores and contacting our call center. Today, the Freshchat integration with WhatsApp and other messaging channels allows an impressive 40+ percent of our customers to reach out to us through digital channels. We are confident that this number will continue to grow in the near future as per our digitization of channels strategy,” mentioned Imani Masuke, Specialist Digital & Innovation.

Omnichannel customer service is also made easier with Freshworks’ products. Body & Fit, a global fitness and nutrition retailer, needed to include Instagram Direct Messaging into their customer service channel mix. Gerben Tegenbosch, Global Head of Customer Service, explained, “We at Body & Fit work a lot with influencers. Therefore, our clients and we are very active on Instagram. Thanks to the Freshworks-Instagram integration, we can also provide them with the best service and support via Instagram Messaging – all through Freshworks’ integrated platform.”

‘‘Our partnership with Meta is a testament to the true value of Freshworks’ products. Freshchat and Freshmarketer seamlessly integrate with Meta’s main messaging platforms — WhatsApp, Instagram Messaging and Facebook Messenger — enabling businesses to communicate with their customers quickly and easily, resulting in a better customer experience,” said Prakash Ramamurthy, Chief Product Officer at Freshworks.

The Freshworks Neo™ platform and its native integrations with popular communication channels allow businesses to configure these channels and more as they expand and grow without needing expensive custom development, complex deployments, or IT support. This helps reduce the friction of scaling communication across messaging apps and can make it easier to adapt to evolving customer needs.

About Freshworks Inc.
Freshworks Inc. (NASDAQ: FRSH) makes business software people love to use. Purpose-built for IT, customer support, and sales and marketing teams, our products empower the people who power business. Freshworks is fast to onboard, priced affordably, built to delight, yet powerful enough to deliver critical business outcomes. Headquartered in San Mateo, California, Freshworks operates around the world to serve more than 60,000 customers including Allbirds, Blue Nile, Bridgestone, Databricks, Klarna, NHS, OfficeMax, and PhonePe. For the freshest company news, visit www.freshworks.com and follow us on Facebook, LinkedIn and Twitter.

© 2023 Freshworks Inc. All Rights Reserved. Freshworks and its associated logo is a trademark of Freshworks Inc. All other company, brand and product names may be trademarks or registered trademarks of their respective companies. Nothing in this press release should be construed to the contrary, or as an approval, endorsement or sponsorship by any first parties of Freshworks Inc. or any aspect of this press release.

Media Contact
Kingston David
pr@freshworks.com

GlobeNewswire Distribution ID 8742443

Online Retailer Das Kostümland Deploys Descartes’ Ecommerce Warehouse Management Solution to Strengthen Peak Season Fulfillment

MUNICH, Germany and ATLANTA, Feb. 06, 2023 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq: DSGX) (TSX: DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Das Kostümland, a leading German vendor of costumes and disguises, has deployed Descartes’ ecommerce warehouse management system (WMS) to keep pace with dramatic order volume seasonal spikes. The Descartes solution streamlines and accelerates the retailer’s fulfillment processes, increasing operational efficiency, reducing costs, and enhancing the customer experience.

“We have more than 10,000 SKUs and, during seasonal peaks such as Halloween, we process upwards of 2,000 orders per day,” said Daria May, founder and CEO of Das Kostümland. “With Descartes’ barcode-based pick and pack processes, we’ve increased our warehouse productivity to handle even extreme seasonal order fluctuations without hiring additional labor. By optimizing our fulfillment processes, we’ve reduced picking errors, boosted our returns management efficiency, and improved inventory transparency—which translates to happy customers and a stronger bottom line.”

Descartes’ cloud-based ecommerce WMS enables direct-to-consumer brands and ecommerce retailers, such as Das Kostümland, to drive significant efficiencies across order fulfillment processes to optimize the customer experience. It helps companies ship the right items on time, prevents overselling of existing inventory, and provides full visibility into warehouse operations. Pre-integration with major ecommerce platforms, like Channel Advisor, Shopify Plus, Magento and others, accelerates implementation and time to value.

“We’re pleased to help Das Kostümland boost its fulfillment productivity and scale operations to meet extreme demand peaks—without having to increase resources,” said Dirk Haschke, VP & General Manager, E-Commerce Solutions at Descartes. “The Descartes ecommerce WMS has a strong track record with brands that recognize the importance of fulfillment performance in creating an exceptional customer experience to drive growth.”

For more information, visit Descartes’ Ecommerce Shipping and Fulfillment Solutions resource center.

About Descartes

Descartes (Nasdaq: DSGX) (TSX: DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

Global Media Contact
Andra Schaz
Tel: +49 (0)89 961 60 61 66
aschaz@descartes.com

Cautionary Statement Regarding Forward-Looking Statements

This release contains forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that relate to Descartes’ solution offering and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, “Certain Factors That May Affect Future Results” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes’ most recently filed management’s discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

GlobeNewswire Distribution ID 8743362

Nikkiso Clean Energy & Industrial Gases Group Completes the Acquisition of Cryotec Anlagenbau GmbH, Wurzen, Germany

Cryotec Anlagenbau GmbH Wurzen Germany

Cryotec Anlagenbau GmbH Wurzen Germany

TEMECULA, Calif., Feb. 06, 2023 (GLOBE NEWSWIRE) — Nikkiso Clean Energy and Industrial Gases Group (“Group”), a part of Nikkiso Co., Ltd (Japan), and operating under Cryogenic Industries, Inc. (USA), completed the acquisition of Cryotec Anlagenbau GmbH (Cryotec), located in Wurzen, Saxony, Germany for an undisclosed amount.

A global plant engineering and construction company, Cryotec provides planning, project management, manufacturing, and engineering services of skid-mounted/containerized air separation and liquefaction plants, and CO2 technologies offering tailored solutions to their customers.

Cryotec will operate as part of the Group’s GmbH facility, based in Neuenburg am Rhine, Germany.

The Group consists of six functional business units: Cryogenic Pumps, Heat Exchanger Systems, Process Systems, Fueling & Solutions, Energy Infrastructure & Strategic Projects, and Service. Cryotec will be acting as the Nikkiso Clean Energy and Industrial Gases Group competence and production center in Europe.

“Nikkiso will promote and sell globally the intelligent packaged solutions from Cryotec that reduce and recover carbon dioxide emissions, and further support the sustainability goals of the Group. Cryotec will have full access to the innovative technologies developed in California and elsewhere in the Nikkiso Group and offer localized packages, solutions, and stations for LH2 (Liquid Hydrogen) LNG (Liquefied Natural Gas), ammonia, and cryogenic energy storage applications within Germany and Europe. We will support the growth of Cryotec, by adding resources and increasing our manufacturing and assembly activities in Saxony and supplying Cryotec solutions to Germany and the global market”, according to Peter Wagner, CEO of Cryogenic Industries and President of the Group.

Prime Minister of Saxony, Michael Kretschmer stated: “The acquisition of Cryotec Anlagenbau by Nikkiso strengthens the internationalization of a traditional Saxon company from Wurzen. Nikkiso has global experience in renewable energy, hydrogen, and energy storage. Renewable energies and green hydrogen play a key role in achieving the energy and climate targets in Saxony. The Free State of Saxony is already an important location for the research and application of hydrogen technologies. I am delighted that Nikkiso will contribute its expertise to Saxony in the future.”

“Nikkiso will be able to assist with this project realization as well as the supply and servicing of liquid hydrogen and LNG filling stations in the European Market”, according to Ole Jensen, Vice President, Europe. “This acquisition represents our commitment to and support the European Union targets to be climate-neutral by 2050.”

The purchase was effective February 3, 2023.

ABOUT Nikkiso Clean Energy & Industrial Gases Group
Nikkiso Clean Energy & Industrial Gases Group is part of the Industrial Division of Nikkiso co. Lt. Japan. The Group operates in the US, under Cryogenic Industries, Inc. (a member of Nikkiso Co., Ltd.). The Group member companies manufacture, and service engineered cryogenic gas processing equipment (pumps, turboexpanders, heat exchangers, etc.), and process plants for Industrial Gases, Natural Gas Liquefaction (LNG), Hydrogen Liquefaction (LH2) and Organic Rankine Cycle for Waste Heat Recovery. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, Nikkiso Cryo, Nikkiso Integrated Cryogenic Solutions, Cosmodyne and Cryoquip and a commonly controlled group of approximately 20 operating entities.

For more information, please visit www.NikkisoCEIG.com and www.nikkiso.com.

MEDIA CONTACT:
Anna Quigley
+1.951.383.3314
aquigley@cryoind.com

Cryotec_Totale_119192_RGB - cropped - resized (1)

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5818ee3c-2c93-4ad0-b03b-a87bda21cfce

GlobeNewswire Distribution ID 8743139

Canada-in-Asia Conference Arrives in Singapore February 21-23, 2023

VANCOUVER, British Columbia, Feb. 05, 2023 (GLOBE NEWSWIRE) — The Asia Pacific Foundation of Canada (APF Canada) and Universities Canada are excited to invite members of the media to the inaugural Canada-in-Asia Conference 2023 in Singapore on February 21-23, 2023.

A signature event for Canada-connected individuals, businesses, and institutions across Asia, the Canada-in-Asia Conference (CIAC2023) will gather Asia-based alumni of Canadian universities and key leaders from business and government in Canada and Asia to catalyze a new and transformative phase of Canada-Asia engagement.

Over two days at the Fairmont Singapore’s Raffles City Convention Centre, the conference program combines keynote and inter‑disciplinary plenary sessions, concurrent thematic activities based on priority sectors, strategic networking opportunities, and an evening gala – alongside activities organized by participating universities and organizations with their respective communities.

“This event is a unique opportunity for us to build and strengthen individual and institutional linkages across Canada and Asia, and work together to find solutions to pressing challenges facing our world,” said Jeff Nankivell, President and CEO, Asia Pacific Foundation of Canada. “Singapore sits at the centre of dynamic Asia, and we look forward to constructive, high-level discussions between senior representatives of the governments and universities of Canada, Singapore, and the wider region.”

“Canada’s universities are global leaders in developing the talent and leading research that demonstrate Canada’s unique capabilities and contributions,” said Paul Davidson, President, Universities Canada. “Our alumni in Asia act as ambassadors for that work, and for Canada. Engaging these individuals and building strong people-to-people connections across borders and barriers will deepen Canada-Asia relations in business, governments, academia, and civil society.”

Accredited members of the media are invited to attend the inaugural Canada-in-Asia Conference as space allows. Please contact our media representative below for further information and registration.

The Canada-in-Asia Conference is presented with the assistance of the Government of Canada. APF Canada and Universities Canada are grateful for this support. We would also like to thank our Major Partners, Sun Life, Invest in Canada, Export Development Canada, and Royal Bank of Canada; our Supporting Partners, the Gouvernement du Québec and Investissement Québec; and our Associate Partners, BMO, Bombardier, CIBC, Government of Saskatchewan, Invest Alberta, McMillan LLP, Fasken, Gowling WLG, and McCarthy Tétrault.

The Canada-in-Asia Conference would also not be possible without our Gold University Partners, University of Waterloo, McGill University, University of Toronto, York University, University of British Columbia, Western University, and the University of Alberta; our Silver University Partners, The Research Universities’ Council of British Columbia, University of Ottawa, University of Saskatchewan, and University of Calgary; and our Bronze University Partner, SFU Alumni.

APF Canada and Universities Canada would also like to thank our in-kind partners: the C100, Mila, the Toronto Centre, and the Business Council of Canada.

Key Links:

Conference Website: www.canada-in-asia.ca
APF Canada: www.asiapacific.ca
Universities Canada: www.univcan.ca

Contacts:

Media
Michael Roberts
Communications Director
Asia Pacific Foundation of Canada
communications@asiapacific.ca
Mobile: 604-649-4863

Universities Canada
Graham Barber
Assistant Director, International Relations | Directeur adjoint des relations internationals
Universities Canada | Universités Canada
Gbarber@univcan.ca
Mobile: 819-328-6777

About the Asia Pacific Foundation of Canada:

The Asia Pacific Foundation of Canada is dedicated to strengthening ties between Canada and Asia with a focus on expanding economic relations through trade, investment and innovation; promoting Canada’s expertise in offering solutions to Asia’s climate change, energy, food security and natural resource management challenges; building Asia skills and competencies among Canadians, including young Canadians; and, improving Canadians’ general understanding of Asia and its growing global influence.

Visit APF Canada at www.asiapacific.ca

About Universities Canada:

Universities Canada is the voice of Canadian universities, at home and abroad. A membership organization providing university presidents with a unified voice for higher education, research, and innovation, Universities Canada advances the mission of its member institutions to transform lives, strengthen communities, and find solutions to the most pressing challenges facing our world. The organization advocates for Canadian universities at the federal level, provides a forum for university leaders to share ideas and address challenges in higher education, supports students by providing information on university study and offering scholarships on behalf of private sector companies, and fosters collaboration among universities and governments, the private sector, communities, and international partners.

Visit Universities Canada at www.univcan.ca

GlobeNewswire Distribution ID 8742820

Timeline: Major Deadly Earthquakes in the Past Two Decades

Some of the world’s most deadly earthquakes in the past two decades are listed below, after a 7.8 magnitude quake struck central Turkey and northwest Syria on Monday and killed hundreds of people.

Aug. 14, 2021 – HAITI – A 7.2 magnitude earthquake struck southern Haiti, killing more than 2,200 people and destroying or damaging about 13,000 homes.

Sept. 28, 2018 – INDONESIA – A 7.5 magnitude earthquake struck the island of Sulawesi, resulting in a 1.5 meter tsunami and killing more than 4,300 people.

Nov. 12, 2017 – IRAN – A magnitude 7.3 earthquake shook the eastern Kermanshah region, killing more than 400 people. At least six people died in neighboring Iraq.

Sept. 19, 2017 – MEXICO – A 7.1 magnitude quake hit central Mexico, killing at least 369 people and causing more devastation in the capital than any temblor since an earthquake in 1985 that killed thousands.

Aug. 24, 2016 – ITALY – A 6.2 magnitude quake struck a cluster of mountain communities east of Rome in central Italy, killing about 300 people.

April 16, 2016 – ECUADOR – A magnitude 7.8 earthquake hammered Ecuador, killing more than 650 people on the country’s Pacific coast.

Oct 26, 2015 – AFGHANISTAN – A magnitude 7.8 earthquake rocked the Afghan northeast, killing nearly 400 people in the country as well as in northern Pakistan.

Apr 25, 2015 – NEPAL – A magnitude 7.8 earthquake ravaged impoverished Nepal, killing nearly 9,000 people and disrupting the lives of more than eight million.

Aug 3, 2014 – CHINA – A magnitude 6.3 earthquake devastated southwestern China, killing at least 600 people in a remote area of Yunnan province.

Sept 24, 2013 – PAKISTAN – Twin earthquakes, measuring 7.7 and 6.8 magnitude, rattled southwestern Balochistan province, killing at least 825 people.

Aug 11, 2012 – IRAN – Two strong quakes, measuring 6.4 magnitude and 6.3 respectively, killed at least 300 people near the city of Tabriz in northwestern Iran.

Oct 23, 2011 – TURKEY – A powerful magnitude 7.2 earthquake shook southeast Turkey, killing more than 600 people.

March 11, 2011 – JAPAN – A 9.0 magnitude earthquake and tsunami struck Japan’s northeast, killing about 15,690 people and injuring 5,700. The earthquake also triggered the world’s biggest nuclear disaster since Chernobyl in 1986.

Feb 22, 2011 – NEW ZEALAND – A 6.3 magnitude earthquake hit Christchurch, killing at least 180 people.

Feb 27, 2010 – CHILE – An 8.8 magnitude quake and subsequent tsunami in Chile killed more than 500 people, wrecking hundreds of thousands of homes and mangling highways and bridges.

Jan 13, 2010 – HAITI – A 7.0 magnitude earthquake devastated Haiti’s capital Port-au-Prince and killed about 316,000 people. The United Nations estimated 80,000 buildings in Port-au-Prince and surrounding areas were destroyed.

May 12, 2008 – CHINA – A 7.8 magnitude earthquake hit Sichuan province, killing about 87,600 people.

Dec 26, 2004 – ASIA – A 9.15 magnitude earthquake off Sumatra triggered a tsunami that barrelled into Indonesia, Thailand, India, Sri Lanka and many other countries in the region, devastating villages and tourist islands and leaving almost 230,000 dead or missing.

Oct 8, 2005 – PAKISTAN – A 7.6 magnitude quake northeast of Islamabad killed at least 73,000 people. The quake also rocked Indian Kashmir, killing 1,244 there.

Dec. 26, 2003 – IRAN – a 6.6 magnitude earthquake hit the southeastern Kerman province and flattened the city of Bam, killing 31,000 people.

Source: Voice of America