Uhnder Launches Industry’s First 4D Digital Imaging Radar

Uhnder’s Digital Radar-on-Chip

Uhnder’s digital radar-on-chip will be fully automotive qualified in April 2022. Shown here are the front and back of chip.

  • Uhnder digital radar to be automotive qualified in April 2022.
  • Digital radar provides improved sensing critical for safety in ADAS and autonomous vehicles.
  • Uhnder digital radar will debut on consumer vehicles in production in 2022.

AUSTIN, Texas, March 08, 2022 (GLOBE NEWSWIRE) — Uhnder, the leader in digital imaging radar technology for automotive and next-generation mobility applications, will soon become the first company to mass produce a fully automotive qualified, 4D digital imaging radar-on-chip that will transform our roadways, making possible next-generation ADAS (advanced driver assistance systems), autonomous vehicles (AVs), and automated mobility applications.

Uhnder’s Digital Radar-on-Chip

Uhnder’s digital radar-on-chip will be fully automotive qualified in April 2022. Shown here are the front and back of chip.

“Uhnder’s 4D digital imaging radar-on-chip is a next-generation product that demonstrates new ways to advance automotive safety to save lives,” said Douglas Campbell, president, Automotive Safety Council. “Fatalities of vulnerable road users are now 20 percent of all roadway deaths in the US and even more in developing countries. ADAS technologies, such as pedestrian automatic emergency braking (P-AEB) that can reliably operate at night, can help reduce pedestrian fatalities per the latest report from the Insurance Institute for Highway Safety. Improved high-resolution perception sensors, such as Uhnder’s radar-on-chip, can potentially help reduce this rising fatality category.”

Uhnder’s technology delivers the industry’s first digital radar solution with better accuracy and the power to sense moving or standing objects, large or small, at both short and long distances in all weather and lighting conditions, all while mitigating mutual interference between other radars. Uhnder’s digital radar can clearly identify a pedestrian crossing the road, a child entering the street from beside a parked car, or a bicyclist next to a guard rail, at levels of accuracy that legacy analog radar systems cannot achieve.

Demonstration of Uhnder’s Digital Radar

Uhnder’s digital radar can clearly identify a motorcycle between two trucks, a pedestrian crossing the road, a child entering the street from beside a parked car, or a bicyclist next to a guard rail, at levels of accuracy that legacy analog radar systems cannot achieve.

“Digital radar provides 16 times better resolution, 24 times more power on target, and 30 times better contrast than today’s analog offerings, improving detection capabilities for better road safety for all users – drivers, passengers, cyclists, and pedestrians,” said Manju Hegde, CEO and cofounder, Uhnder, Inc. “As more and more radars are fitted onto vehicles and other mobility solutions, interference among adjacent radar becomes problematic. Our radar, based on Digital Code Modulation, mitigates this problem.”

Automotive Qualification Milestones

In April 2022, Uhnder will release its S80 radar-on-chip to mass production. The device will be the first 4D digital imaging radar solution and will have completed stringent automotive requirements:

  • Automotive Electronics Council (AEC) Q104 qualification
  • ISO 26262 Automotive Safety Integrity Level (ASIL-B) rating
  • Production Part Approval Process (PPAP) with its first Tier 1 automotive customer, Magna

With these milestones completed, the automotive industry will be another step closer to improving road safety for all.

Uhnder’s Digital Radar-on-Chip

Digital radar provides 16 times better resolution, 24 times more power on target, and 30 times better contrast than today’s analog offerings, improving detection capabilities for better road safety for all users.

“Uhnder is a leader in digital imaging radar and a trusted partner in bringing the best innovations forward,” said Swamy Kotagiri, CEO, Magna International. “I am excited with the progress made over the years and ready for the entire ecosystem to experience what we already know to be true – that digital radar is fundamental for next-generation ADAS.”

Uhnder’s Digital Radar Hits the Road in 2022

Uhnder’s radar-on-chip, used in Magna’s ICON Digital Radar, will debut on vehicles in 2022.

About Uhnder
Uhnder is the leader in digital imaging radar technology for automotive and next-generation mobility applications. Based on Digital Code Modulation (DCM), Uhnder’s fully software-defined radar-on-chip and sensor modules enable highest-resolution digital perception for ADAS, AV, and logistics automation systems. Headquartered in Austin, Texas, Uhnder is the only supplier of digital imaging radar chips and modules. For more information, visit www.uhnder.com and follow Uhnder on LinkedIn.

Media Contact:
press@uhnder.com

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/a89593af-afdf-46fb-80e9-1f737e25815d

https://www.globenewswire.com/NewsRoom/AttachmentNg/2c2b3390-0073-43c3-aa52-115a46740187

https://www.globenewswire.com/NewsRoom/AttachmentNg/ccc4a170-53f1-4759-b42f-6d5c44ccd863

https://www.globenewswire.com/NewsRoom/AttachmentNg/7e019c85-c880-4315-84b7-490756ba9c29

A video accompanying this announcement is available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/8a25b675-4736-4eb1-85f5-09169ae94232

Accellion, Now Kiteworks, Shows Commitment to the Australia and New Zealand Market One Year After Its Breach by Achieving IRAP Certification for PROTECTED Level Data

Retirement of compromised FTA product was achieved in full for all Australian and New Zealand clients in 2020-21. IRAP certification for Kiteworks demonstrates company’s commitment to clients in the Australian and New Zealand (ANZ) market.

SYDNEY, Australia, March 08, 2022 (GLOBE NEWSWIRE) — Kiteworks, the leading platform for ensuring regulatory compliance and effectively managing risk with every send, share, receive, and save of sensitive content, announced today it completed and achieved compliance with the Infosec Registered Assessors Program (IRAP) assessed for up to PROTECTED level data classification. This certification further extends Kiteworks’ extensive compliance with global industry standards overseen by the Australian Cyber Security Centre (ACSC). The IRAP certification demonstrates Kiteworks’ commitment to a defense-in-depth security approach and emergence from the breach of its retired File Transfer Administration (FTA) product.

Kiteworks’ IRAP-hosted environment is delivered as a Platform-as-a-Service (PaaS) secure cloud with premium support on AWS and is available to federal, state, and local Australian agencies as well as any company in the world conducting business with Australian federal and state agencies. The IRAP-hosted environment is single tenant and delivers geographic sovereignty of data governance, ensuring that customers are the only entities able to access their data. Kiteworks Secure Cloud Hosting With Premium Support also includes patching and update services, named service representatives, enhanced service-level agreements (SLAs), and other high-touch services.

“While the cyberattack only affected our retired FTA product, we sought to take lessons learned to further enhance the security architecture for the Kiteworks platform,” said Jonathan Yaron, Chairman and CEO of Kiteworks. “We hardened different areas of the security architecture such as key encryption and management and implemented proactive defense-in-depth measures to ensure real-time alerts, an embedded WAF, and incident response in the event that an attack does occur.”

IRAP Certification by the Australian Cyber Security Centre

Australian agencies use IRAP to validate that appropriate controls are in place to address requirements established by the Australian Government Information Security Manual (ISM) that are published by the ACSC. For federal and state agencies conducting business with third parties like contractors, vendors, and suppliers, IRAP compliance helps protect those agencies against supply chain cyberattacks that can have far-reaching and malicious impact. To achieve IRAP compliance, a certified independent assessor reviewed Kiteworks’ people, processes, and technology in over 800 risk areas against requirements of the ISM.

Kiteworks is the only global vendor in the sensitive content communications solutions space with IRAP certification. Federal and state agencies in Australia and private sector businesses in ANZ conducting business with those agencies know that they retain control of privacy of their data that is hosted in single-tenancy clouds via Kiteworks—meaning there is no intermingling of data, metadata, or shared application resources.

“Cyber criminals and nation-states see the multiplication value of the supply chain and have reaped significant rewards via supply chain attacks over the past year,” said Yaron. “Industry standards like IRAP enable public sector agencies to vet and manage their supply chain based on a codified list of security and governance controls that mitigates risks. Kiteworks already adheres to numerous global industry standards, and the addition of IRAP compliance extends our coverage even more. We are fully committed to the Australian market, with a local office in Sydney for over 12 years and hundreds of federal and state government customers, and we take compliance standards like IRAP very seriously. We see the certification as a confirmation of our commitment to our Australian customers, enabling them to track, control, and secure their sensitive content communications.”

Realizing the Value of Kiteworks and IRAP Compliance

The Kiteworks platform empowers public and private sector organizations to manage every send, share, receive, and store of sensitive content across numerous communication channels—email, file sharing, managed file transfer, web forms, and application programming interfaces (APIs). This minimizes risk while creating a detailed record of sensitive content communications as data moves within, into, and out of an organization.

“We’ve relied on the Kiteworks platform to exchange sensitive content with our public and private sector clients for several years,” said Sunil Saale, the Head of Cyber and Information Security at MinterEllison, Australia’s largest law firm providing legal and consulting services through a global network of affiliated firms and associated companies. “Using Kiteworks and other IRAP compliant solutions makes it easier for us to do business with Australian government agencies, as it provides assurance that the platform has appropriate and effective controls and that it has been validated independently against Australian government policies and guidelines. Kiteworks also minimizes onboarding friction for new clients and improves operational efficiencies for our team. Kiteworks IRAP certification demonstrates its commitment to us and the Australian market in general.”

“Achieving IRAP compliance demonstrates Kiteworks’ ongoing commitment to the Australian market as an investment in its security posture and confirmation that Kiteworks has instituted rigorous governance controls and tracking that adhere to global risk standards,” said Kieran O’Shaughnessy, VP of ANZ Sales and Operations at Kiteworks. “Government agencies and companies conducting business with federal and state agencies can purchase and begin using the IRAP-compliant Kiteworks platform today.”

IRAP compliance is the latest achievement in a long list of global compliance standards met by the Kiteworks platform. These include, but are not limited to, FedRAMP, the National Institute of Standards and Technology (NIST) 800-171, the Cybersecurity Maturity Model Certification (CMMC), General Data Protection Regulation (GDPR), the Health Insurance Portability and Accountability Act (HIPAA), and Payment Card Industry Data Security Standard (PCI DSS).

Additional Resources
Kiteworks Webpage on IRAP: Click Here
Fact Sheet: Click Here

About Kiteworks
Kiteworks’ mission is to empower organizations to effectively manage risk in every send, share, receive, and save of sensitive content. To this end, we created a platform that delivers content governance, compliance, and protection to customers. The platform unifies, tracks, controls, and secures sensitive content moving within, into, and out of their organization, significantly improving risk management and ensuring regulatory compliance on all sensitive content communications.

Media Contacts
Jennifer Blacker
DEC PR
+61 432 351 551
j.blacker@decpr.com.au

Verisk and Ford partner to offer standardised, insurance-ready connected car data in Europe

The agreement gives Verisk license to supply connected car data to insurers in the UK, France, Germany, Italy and Spain

LONDON, U.K., March 08, 2022 (GLOBE NEWSWIRE) — Verisk (Nasdaq:VRSK), a leading global data analytics provider, is pleased to announce an agreement with Ford Motor Company (NYSE: F). As part of the agreement, Verisk can offer standardised, insurance-ready telematics data from connected Ford vehicles in Europe to assist insurers with assessing driving behaviour, developing usage-based insurance programmes, and potentially rewarding customers who drive safely with discounted rates. This service will be available in the UK, France, Germany, Italy and Spain.

The agreement will offer insurers a more accurate view of driver risk and offer consumers the opportunity to receive tailored insurance offerings for their Ford vehicles. With drivers’ given consent, insurers will be able to access standardised metrics that Verisk generates from connected Ford vehicles, providing them with valuable insights into their customers’ driving behaviour. The data will be available through Verisk’s Data Insight Hub, an ever-evolving source of insurance datasets and analytics accessible at any part of the customer journey, including the point of quote.

Usage-based insurance uses an individual’s driving behaviour to assess the risk of a future claim and can be highly predictive as part of a balanced framework of premium-rating factors.

“We are delighted to extend our agreement with Verisk into Europe,” said Mark Harvey, director of business operations, Enterprise Connectivity, Ford of Europe. “Through their innovative analytics solutions, we are able to make sure that our customers receive the most accurate and budget-friendly insurance plan options, rewarding safe driving behaviour.”

The agreement between Ford and Verisk in Europe follows a similar agreement between the two companies in the United States announced last year. In October 2020, Ford joined the Verisk Data Exchange, a leading Internet of Things (IoT) and telematics platform helping commercial and personal lines insurers in the United States make more informed decisions. Verisk works with leading automakers, telematics service providers (TSPs) and property-based data sources to deliver insurance-ready insights on the Exchange.

“Verisk has pioneered the use of data from connected cars for insurance, helping thousands of drivers receive insurance that is tailored to their driving,” said Joe Wodark, General Manager of Telematics, Verisk. “Through our agreement with Ford, we’re expanding our telematics solutions into Europe and helping bring innovative products to a broader market of safety-conscious drivers.”

Learn more about how the Verisk Data Exchange™ and Data Insight Hub can benefit your telematics programme.

About Verisk 

Verisk (Nasdaq:VRSK) provides predictive analytics and decision support solutions to customers in the insurance, energy and specialized markets, and financial services industries. More than 70 percent of the FORTUNE 100 relies on the company’s advanced technologies to manage risks, make better decisions and improve operating efficiency. The company’s analytic solutions address insurance underwriting and claims, fraud, regulatory compliance, natural resources, catastrophes, economic forecasting, geopolitical risks, as well as environmental, social and governance (ESG) matters. Celebrating its 50th anniversary, the company continues to make the world better, safer and stronger, and fosters an inclusive and diverse culture where all team members feel they belong. With more than 100 offices in nearly 35 countries, Verisk consistently earns certification by Great Place to Work. For more: Verisk.comLinkedInTwitterFacebook, and YouTube.

Michelle Pantina
Verisk Public Relations
+1 201-469-3177
michelle.pantina@verisk.com

 

Sun Group Officially Launches a New Luxury Business Aviation Service Company in Vietnam

Sun Air will operate Gulfstream G650ER and Gulfstream G700 aircraft, the fastest ultra-long-range business jets, as well as a helicopter and seaplanes

Sun Air

Sun Air is the very first business aviation service in Vietnam exclusively providing the ultimate in luxury travel

HANOI, Vietnam, March 08, 2022 (GLOBE NEWSWIRE) — Sun Group announced the launch of SUN AIR, the very first luxury business aviation service company in Vietnam to offer aircraft management and private jet charter. Providing the utmost in comfort, convenience, and privacy, Sun Air is elevating luxury air travel in Vietnam to new heights.

Whether clients travel for business or pleasure, Sun Air delivers a bespoke travel service tailored to their specific requirements. Sun Air operates the state-of-art Gulfstream G650ER and the Gulfstream G700, which hold the record for the farthest and fastest flight in business aviation history and the market-leading position in reliability and customer satisfaction.

Aside from the business jet fleet, Sun Air also offers scenic flights by seaplane and helicopter, giving tourists an exceptional sightseeing of the spectacular and distinctive beauty of Vietnam.

The launch of the premium charter company comes into view at a time of booming demand for world-wide private travel experiences, a trend which has been accelerated after big COVID-19 bailouts.

Following a market research by the aviation consulting firm ARGUS International, private aviation has bounced back faster than many industries, including the airlines. At this point in time, private air travel is about even 15% larger today than it was in 2019. Furthermore, after flocking to private aviation for the perceived health advantages of avoiding crowded airports and commercial planes, wealthy people have since discovered the time-saving and productivity advantages, a sign that the increased interest in private aviation may be here to stay.

“The launch of Sun Air is entirely in the sustainable development roadmap of Sun Group. Not only being a new piece in the picture of Sun Group’s ecosystem of “quality-class-difference” products and services, but Sun Air also goes a long way towards opening the development of upmarket general aviation, a potential field in prosperous countries,” said Mr. Dang Minh Truong – Chairman of Sun Group Corp.

Two brand new ultra-long-range aircraft, the Gulfstream G650ER, will be operated by Sun Air in the third quarter of 2022. Additionally, a Gulfstream G700, a helicopter and two seaplanes will join the expanding fleet by 2025. Looking further ahead, the large-cabin Boeing Business Jets (BBJ) and Airbus Corporate Jets (ACJ), epitomes of luxury and sophistication in business jets, are also part of Sun Air’s five-year plan.

Over the past 15 years, Sun Group, the leading developer in Vietnam, has ceaselessly devoted award-winning landmarks for Vietnam through its prestigious tourism brands, including Sun World’s Entertainment Parks, notably Sun World Ba Na Hills and its world-renowned Golden Bridge, Sun Hospitality Group’s Resorts and Hotels, which boasts the magnificent InterContinental Danang Sun Peninsula Resort, JW Marriott Phu Quoc Emerald Bay, Hotel de la Coupole and MGallery Sapa, Sun Property which offers high-class real estate. Alongside this, Sun Group also invests heavily in other crucial transport infrastructures throughout Vietnam, such as Van Don International Airport, the very first privately owned airport in Vietnam, and Halong International Cruise Port.

Sun Air is considered the perfect bridge, connecting all the exceptional products and services within Sun Group’s ecosystem, thereby creating and delivering “the first ever exclusive, reliable, comfortable and ultimately the best private jet experience in Vietnam”.

https://www.globenewswire.com/NewsRoom/AttachmentNg/48b4a8ad-42ac-48de-80b7-dffa9c2337ba

Contact: duongnt07@sungroup.com.vn

AM FRESH Group to Acquire IFG and Merge it with SNFL, Creating the Next Frontier in Table Grape and Cherry Genetics

SNFL’s and IFG’s combined innovation platforms will accelerate the growth of flavorful, sustainable and healthier table grape and cherry varieties for the benefit of growers, retail partners and consumers

Photo Credit AM FRESH Group and SNFL

Photo Credit AM FRESH Group and SNFL

News Highlights

  • This transaction brings together two very complementary businesses with the potential to better address the growing global demand of table grapes
  • The combination of IFG’s and SNFL’s gene-pools and their Research & Development engines that have been developed over the last 20 years will position the combined enterprise as an ideal platform to satisfy demanding grower needs in the area of crop yield and sustainability
  • Unite highly complementary transaction of different germplasms, including SNFL’s innovative platform of mainstream varieties with disease resistant and high-antioxidant genetics with IFG’s signature customer-first approach and unique flavored varieties to scale to deliver grower solutions and capabilities resulting in an enhanced value to partners and consumers
  • The integration of these programs will enable a wide array of more sophisticated varieties with attractive traits and characteristics which will provide easier access to varietal diversity, along with a better and cleaner eating experience for consumers

BAKERSFIELD, Calif., March 08, 2022 (GLOBE NEWSWIRE) — AM FRESH Group and Special New Fruit Licensing (SNFL) today announced a definitive agreement under which AM FRESH is acquiring International Fruit Genetics (IFG) and merging it with SNFL, creating a combined company that significantly advances SNFL’s and IFG’s abilities to further develop their breeding capacities and add to their innovative portfolio to address unprecedented industry demand. AM FRESH will be the controlling shareholder of the combined entity, with significant minority investment from EQT Future and continued investment from Paine Schwartz Partners.

The combined company will accelerate varietal breeding, development and commercialization, benefiting licensed growers, partners and consumers with more sustainable alternatives and improved varietal options. Together, AM FRESH, SNFL and IFG will propel innovation at large, ease production management for growers and facilitate commercialization to retail partners in order to deliver innovative varieties to consumers on a year-round basis.

“We are committed to delivering fresh, natural and healthy goods to excite consumers and we strive to create the next frontier of sustainable fresh foods for the benefit of all,” said Alvaro Muñoz, AM FRESH Group CEO. “Together with IFG, we will spearhead varietal innovation and deliver a comprehensive portfolio of innovative varieties which are nature and health positive benefiting growers, our retail partners and consumers. Through our combined R&D, innovation, agritech capabilities and high-quality standards, we are able to offer fresh propositions to our partners and together propel the table grape industry to the next level.”

“This transaction represents a huge advancement for the entire industry,” said IFG CEO Andy Higgins. “Since our establishment, IFG’s mission, our challenge and our inspiration has been to grow our fruit categories, and this merger is another example of this. SNFL and IFG have complementary gene pools and breeding teams focused on different development pathways. While much of IFG’s focus has been on consumer traits and flavor, SNFL’s focus has been centered on health benefits, diseases tolerance and other important grower traits. Together, AM FRESH Group, SNFL and IFG will provide more variety choices to consumers, more industry solutions for growers, and an accelerated pace of innovation for the fruit breeding industry. This acquisition will bring forward the best that our companies have to offer as we build a dynamic foundation for the future.”

“IFG set out 20 years ago to change an industry. This combination of businesses is a ‘marriage of the minds’ as both AM FRESH Group and Sunridge Nurseries began as small family businesses working toward building something better in the fruit breeding industry,” said Higgins. “The type of ‘start-up spirit’ that propelled both of these companies to their current level of success is still thriving, as is our mutual commitment to meet the needs of our employees, licensees, partners and consumers.”

Retailers and consumers will equally benefit through the sophistication and development of the table grape category. SNFL’s and IFG’s combined efforts strive to increase the offer and possibilities of breeding differentiation.

Photo Credit AM FRESH Group and SNFL

Photo Credit AM FRESH Group and SNFL

“By combining two breeding teams with profound and very diverse experience in different fields of plant genetics we will seek to propel varieties which will be a better fit for the future and will fast-track the development of more sustainable and healthier varieties aligned with the market trends,” said Josep Estiarte, Managing Director SNFL Group. “In addition, the integration of two different pools of talent developed over more than 15 years enables the implementation of best practices into the plant varietal development process.”

“AM FRESH has made substantial progress expanding SNFL’s capabilities and offerings since our initial investment in 2019. This transaction is an important next step in the Company’s evolution,” said Kevin Schwartz, Chief Executive Officer of Paine Schwartz. “We continue to believe in the significant value creation opportunities that innovators like SNFL and IFG bring to the specialty produce sector. We are confident that the combined SNFL and IFG platform will have the necessary resources to deliver sustainable and healthier offerings that benefit growers, retailers and consumers alike. Looking ahead, we are excited to support the next generation of varietal innovation in grapes and cherries under AM FRESH’s leadership.”

IFG Cheery Burst™ Cherries

Photo Credit IFG

EQT Future invests in companies that are transforming industries, and both SNFL and IFG are closely aligned with EQT Future’s “Planet” objective: to safeguard resources and climate by improving agricultural productivity and minimizing the use of fungicides in grape production. EQT Future also plans to support investments in digitalization and innovative breeding technologies, and support both companies’ combined and continued pursuit of R&D excellence.

The transaction remains subject to regulatory approvals and customary closing conditions. Financials terms of the transaction were not disclosed.

IFG Cotton Candy™ Grapes

Photo Credit IFG

Morrison & Foerster LLP was the lead legal counsel for SNFL whilst Allen & Overy and Simpson Thacher & Bartlett LLP were counsel for EQT Future with Pérez-Llorca and Bank of America advising AM FRESH. Credit Suisse served as financial advisor and Dentons US LLP served as legal advisor to IFG in relation to the transaction.

About AM FRESH Group

AM FRESH Group is a global fresh food company focused on spearheading varietal innovation, agriscience and biotechnology, extensive farming and global commercialization of Citrus, Table Grapes, Tropical & Superfoods, Plant-Based Foods, Top-fruit, and Flowers at scale. Equipped with over 90 years of expertise, AM FRESH Group is privately held, present in over 60 countries with 6.200 employees with a passion and commitment to innovation, it operates as an end-to-end vertically integrated model to serve the top retailers worldwide. For more on AM FRESH Group, please visit www.amfresh.com.

About SNFL Group

SNFL Group (Special New Fruit Licensing) is a table grape R&D company. For over 25 years we have been breeding and developing new table grape varieties and licensing their production around the world. Our Innovation Centre is state-of-the-art and our multi-disciplinary team is made up of geneticists, molecular biologists, agronomists and technologists of the highest caliber. SNFL is present in 18 countries across the globe and we deliver innovation in mainstream, specialty flavored, disease resistant and high antioxidant table grape varieties. SNFL is committed to leading grape innovation for a healthier future. For more on SNFL, please visit www.snflgroup.com.

About IFG

Headquartered in Bakersfield, California, USA, IFG is a premium fruit-breeding company. Founded in 2001, the company is internationally recognized for its top quality, non-GMO fruit varieties in the table grape, cherry and raisin industries that were pioneered by the company’s co-founder and former Lead Plant Breeder, world-renowned fruit scientist Dr. David Cain. Since Dr. Cain’s retirement, the team is now led by Dr. Chris Owens. IFG patents and licenses its varieties to worldwide marketers and growers, with licensees in 15 countries. For more information, visit www.ifg.world.

About EQT

EQT is a purpose-driven global investment organization with EUR 73.4 billion in assets under management across 28 active funds. EQT funds have portfolio companies in Europe, Asia-Pacific and the Americas with total sales of approximately EUR 29 billion and more than 175,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership. More info: www.eqtgroup.com. Follow EQT on LinkedInTwitterYouTube and Instagram.

About Paine Schwartz Partners

A global leader in sustainable food chain investing, Paine Schwartz Partners is a private equity firm focused exclusively on investment opportunities in the fast-growing, dynamic global food and agribusiness sectors. The firm’s investment, operations and finance professionals invest throughout cycles across the food and agribusiness value chain, and bring a collaborative and active management approach to portfolio companies. For further information, please see www.paineschwartz.com.

Contacts

AM FRESH Group & SNFL Group: patricia.sagarminaga@amfresh.com, Patricia Sagarminaga +34 669161941

IFGtbaker@ifg.world, Tamara Baker +1 661 345 7580

EQT Press Office: press@eqtpartners.com +46 8 506 55 334

Paine Schwartz Partners: Andy Brimmer / Aaron Palash. Joele Frank, Wilkinson Brimmer Katcher, +1 212 355 4449

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/d7f3d4bc-f9ec-4406-a430-a0079f44fa09

https://www.globenewswire.com/NewsRoom/AttachmentNg/63d4f2cd-58ad-427e-bda8-317b780f4072

https://www.globenewswire.com/NewsRoom/AttachmentNg/82f0b317-1b6b-4a3e-bd9d-028d20cacb50

https://www.globenewswire.com/NewsRoom/AttachmentNg/9b9077fb-7ae0-43fa-98c3-41062c8aab86

DEA’s DEAPcoin to Be Listed in Leading Crypto Exchanges Including ACE, BitMart, and Bitbns

Platform-Native Token To Unlock More Features In Expanding DEA Ecosystem

Featured Image for Digital Entertainment Asset Pte. Ltd.

Featured Image for Digital Entertainment Asset Pte. Ltd.

SINGAPORE, March 07, 2022 (GLOBE NEWSWIRE) — Singapore-based GameFi ecosystem, Digital Entertainment Asset Pte. Ltd. (DEA), today unveiled that its platform-native token DEAPcoin (DEP) will be listed across multiple crypto exchanges in the coming weeks.

The DEA team clarified that the DEP token would list first on the Taiwan-based ACE Exchange on March 10, 2022. Following this launch, the DEP token will subsequently join Cayman Islands-based exchange BitMart on March 11, 2022, and then on India’s Bitbns exchange on March 22, 2022.
【ACE Exchange】
Listing Date: Thursday, March 10, 15:00 (JST)
Trading Pair: DEP/TWD

【BitMart】
Listing Date: Friday, March 11, 19:00 (JST)
Trading Pair: DEP/USDT

【Bitbns】
Listing Date: Tuesday, March 22, 00:30 (JST)
Trading Pair: DEP/INR

Overall, these three exchanges count approximately ten million users among them. Each exchange is highly regulated and follows country-specific regulations, including KYC and AML compliance measures. Accordingly, the DEA team can reach a wider audience through its strategic DEP token listings across these exchanges.

On the launch of the much anticipated DEP token, DEA Co-founder and CEO Naohito Yoshida notes, “The DEP token is at the heart of our ecosystem. We are humbled by the support that we have received from the global community. This listing brings us one step closer to realizing our vision of offering everyone equal access to earning opportunities.”

About ACE Exchange
Established in Taiwan in 2018, ACE Exchange is the first crypto asset exchange. It mainly offers NTD and crypto asset trading platforms and serves various countries in addition to Taiwan, including Australia, the Middle East, and the U.S. More information about ACE Exchange can be found on its official website.

About BitMart 
BitMart, founded in 2018 in the Cayman Islands, is one of the world’s leading crypto asset exchanges in terms of trading volume. The trading platform offered by BitMart is designed to underpin system stability, security, and scalability. More information about BitMart can be found on its official website.

About Bitbns  
Bitbns, founded in 2017, is India’s leading crypto exchange, offering a trading platform with pricing algorithms in transactions. Users can trade a variety of crypto assets, including Bitcoin and Ethereum, in INR (Indian rupees). More information about Bitbns can be found on its official website.

About DEAPcoin (DEP)
DEAPcoin is a utility token that is distributed on DEA’s GameFi platform, PlayMining. It can be used to trade NFTs. PlayMining was launched on May 26, 2020. As of January 2022, it has over 2.3 million users in 100 countries worldwide. On January 26, 2022, DEAPcoin was listed on BITPOINT. BITPOINT is a crypto asset exchange licensed by the Japanese Financial Services Agency, and the 38th crypto asset handled in Japan. It is also the first play-to-earn token to be circulated in Japan. PlayMining is the world’s first play-to-earn token economy, and a leader in the global GameFi market. More information about DEAPcoin can be found on its whitepaper.

About DEA
Digital Entertainment Asset (DEA) Pte. Ltd. a GameFi platform business, was founded in Singapore in August 2018. It is developing JobTribes, a play-to-earn game, and PlayMining NFT, an NFT marketplace. Using blockchain technology, the company aims to realize a world where one can create value by having fun.

Co-CEO: Naohito Yoshida, Kozo Yamada
Location: 7 Straits View, Marina One East Tower,#05-01, Singapore 018936
Establishment: August 2018
Business description: GameFi platform business

Contact Information
Digital Entertainment Asset Pte. Ltd
Hideaki Kurihara:kurihara@dea.sg
Honami Soeda:soeda@dea.sg

Related Images

Image 1

This content was issued through the press release distribution service at Newswire.com.

Attachment