Day: July 20, 2022

ROME, July 20, 2022 (GLOBE NEWSWIRE) — ITA Airways’ press conference with ENAC was held yesterday, 19 July 2022, at the Airbus Pavilion Auditorium at the Farnborough International Airshow (FIA).

During the event, were presented the results achieved in the first nine months, as well as the commitment to sustainability. Sustainability is a topic of central importance for the Italian carrier, which aims to become the greenest airline in Europe with 75% of new generation aircraft in its fleet by 2025.

Therefore, the absolute star of the event was the ITA Airways Sustainability Manifesto, a symbol of the company’s commitment to the planet and its people. The company’s sustainable strategy roadmap combines business growth with the creation of long-term sustainable values. The Manifesto demonstrates the importance of this pillar in the company’s strategy.

The press conference was chaired by Fabio Lazzerini, CEO of ITA Airways, and Pierluigi di Palma, President of ENAC, the Italian Civil Aviation Authority.

A highly regarded Italian illustrator – Emiliano Ponzi – collaborated on this occasion, turning ideas into images. Ponzi was able to interpret ITA Airways’ growth strategy, the propulsive aspect of a start-up with the desire to ‘touch the sky with one finger’. And the blue of ITA Airways’ livery harmonising with the sky in full respect of the environment: flying and integrating the ecosystem simultaneously.

Thanks to ENAC’s support, ITA Airways follows its initial goal: to make the Italian national airline an example of sustainable business. With the Manifesto, the company’s Sustainability Plan takes shape.

Furthermore, last April ITA Airways signed a Memorandum of Understanding with Airbus regarding collaboration in the field of Urban Air Mobility (UAM) in Italy. ITA Airways will in fact collaborate with Airbus to develop the ecosystem around the launch of the CityAirbus NextGen electric vertical take-off and landing (eVTOL) aircraft. The aircraft, is currently under development. ITA Airways and Airbus are identifying strategic use cases for zero emission mobility solutions and demonstrating the added value it can bring to communities.

At the end of the conference, all guests and the press were able to visit the Airbus A350 parked in the centre of the show. The new A350, dedicated to the excellence of Italian sport Enzo Bearzot, is distinguished by the flag carrier’s new contents, including the new interiors designed by Walter De Silvia, which combine elegance and sustainability. The A350 is lighter, quieter and more efficient than the previous generation aircraft. Innovative aerodynamics and a high-efficiency Rolls-Royce aircraft engine (the Trent XWB) optimise range and payload for the benefit of efficiency. Thanks to the new aircraft, ITA Airways benefits from a reduction of more than 25% in fuel consumption and CO2 emissions per passenger.

Also joining the fleet will be other new generation aircraft, such as the Airbus A220-300, scheduled to arrive in the autumn.

For more information:
LaPresse SpA Communication and Press Office Director
Barbara Sanicola – barbara.sanicola@lapresse.it

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3c66491f-aa86-4978-9a46-a337e7f5804c

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

FARNBOROUGH, United Kingdom, July 20, 2022 (GLOBE NEWSWIRE) — Leonardo and BAE Systems are actively progressing UK-Italy collaboration opportunities on the demonstrator aircraft as part of the Future Combat Air System (FCAS) programme, in the framework of a cooperation path launched by Italy and the UK in the Defence sector. This approach allows the companies of the two countries to identify shared areas of collaboration and begin joint analysis on possible activities of shared interest, after the two companies reached a collaboration agreement within the Future Combat Air System (FCAS) programme. In the same context, lies an agreement between Leonardo’s Italian and UK electronics businesses and Elettronica SpA related to demonstration activities on advanced sensors and systems.

The FCAS program pursues the development of a technologically advanced multi-domain system of systems, underpinned by highly innovative and disruptive technologies, with a 6th generation core platform, and intended for the renewal of Eurofighter fleet. This ambitious project will allow participating countries to maintain national sovereignty in the Combat Air sector, while redesigning future operational and industrial capabilities in the aerospace sector.

The collaboration between Leonardo and BAE Systems focuses on the application of Model Based System Engineering (MBSE) design methodologies and the joint development of enabling technologies for the national sovereignty of the future system. These activities are the natural evolution of the innovation processes already initiated by the partner companies, and assume strategic importance as they explore a technological frontier not yet reached by European industry.

Furthermore, in line with this strategy, Leonardo’s Italian and UK electronics businesses and Elettronica SpA have agreed to collaborate in the domain of sensors and communications, aiming to support the technological development of the FCAS project, including demonstration activities related to future on-board electronics. This initiative will deepen the established collaboration of these companies at the international level, jointly defining the potential architecture for an integrated set of sensors and communications equipment with innovative capabilities and highly integrated features.

For more information:
LaPresse SpA Communication and Press Office Director
Barbara Sanicola – barbara.sanicola@lapresse.it

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8b50dc53-a0dc-4faa-8aeb-8b709f7e1213

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

Memorandum of Understanding outlines collaboration to support the decarbonization of the steel industry by using disruptive technology and reduce carbon emissions

Zurich, Switzerland, July 20, 2022 (GLOBE NEWSWIRE) — Hitachi Energy today announces that it has signed a Memorandum of Understanding (MoU) with H2 Green Steel to leverage electrification, digitalization, and hydrogen to support the decarbonization of the steel industry.

H2 Green Steel, a Swedish industrial start-up, is on a mission to accelerate the global steel industry’s greatest technological shift by eliminating almost all of carbon dioxide (CO₂) emissions from the steel production process. It is planning to build its first fossil-free steel plant in Boden, Sweden, alongside a giga scale electrolyzer plant for the production of green hydrogen.

The MoU outlines a collaboration which is built on three (3) pillars: 1) Hitachi Energy’s equity investment in H2 Green Steel; 2) products and services from Hitachi Energy that are needed to construct and improve the electrical infrastructure to power steel production and giga scale electrolyzer plants; 3) green steel to be used in the manufacturing of Hitachi Energy’s products, once H2 Green Steel starts production.

Over the past decade, expanding steel production has increased total energy demand and CO₂ emissions¹, which contributes to about eight percent of the world’s global industrial carbon emissions².

Starting with the plant in Boden, H2 Green Steel will leverage Hitachi Energy’s capabilities to optimize customers’ value chain to plan, build, operate, and maintain the power infrastructure that includes IT and operational technology (OT). The steel production in Boden will use green hydrogen instead of coal in a fully integrated process using end-to-end digitalization, which reduces up to 95 percent CO₂ emissions compared to traditional steelmaking. This will be equivalent to removing 3 million passenger cars per year from road³.

“Achieving carbon-neutrality globally requires efforts from all industries to speed up the energy transition through collaborations,” says Johan Söderström, Head of Europe, Middle East, and Africa at Hitachi Energy. “This collaboration with H2 Green Steel is a pioneering example of how we are working together and creating additional benefits for our customers. We are supporting H2 Green Steel’s electrification project and at the same time, we are able to secure green steel for our products, which is in line with our Purpose: Advancing a sustainable energy future for all,” he added.

“The partnership we have entered into with Hitachi Energy is further reinforced by an equity investment in H2 Green Steel. The partners we choose to work with need to share our values, to make a real commitment to live up to the Paris Agreement, and to work tightly together to leverage each other’s strengths. With Hitachi Energy we have that, as well as their long history, broad experience, and innovative offerings,” says Henrik Henriksson, CEO of H2 Green Steel.

1 IEA, Iron and Steel

2 McKinsey, Decarbonization challenge for steel (World Steel Organization)

3 Based on average 160 g CO₂/km and average distance of 15,000 km

-END-

About Hitachi Energy Ltd.

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible, and secure whilst balancing social, environmental, and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.

https://www.hitachienergy.com

https://www.linkedin.com/company/hitachienergy

https://twitter.com/HitachiEnergy

About Hitachi, Ltd.

Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company’s consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.

About H2 Green Steel

H2 Green Steel (H2GS AB) was founded in 2020 with the ambition to accelerate the decarbonization of the steel industry, using green hydrogen. Steel, which is one of the world’s largest carbon dioxide emitters, is the company’s first business vertical. The founder and largest shareholder of H2 Green Steel is Vargas, which is also co-founder and one of the larger shareholders in Swedish battery maker Northvolt. H2 Green Steel is headquartered in Stockholm, Sweden, with its first green steel plant under development in Boden, northern Sweden. www.h2greensteel.com

Attachments

• Johan Söderström
• Henrik Henriksson

Jocelyn Chang
Hitachi Energy Ltd.
+41 79384 7775
jocelyn.chang@hitachienergy.com

• Al Rajhi Bank Malaysia is implementing Feedzai’s RiskOps platform to handle the challenges of Identity, Real-Time Data, and Collaboration across the entire customer lifecycle.
• This partnership is part of Al Rajhi Bank Malaysia’s continuous effort to build a digital bank and become the #1 Islamic innovation bank in Malaysia.

SAN MATEO, Calif. and LISBON, Portugal, July 20, 2022 (GLOBE NEWSWIRE) — Feedzai, the world’s first RiskOps platform for financial risk management, and Al Rajhi Bank Malaysia (ARBM) have announced a partnership which will see Feedzai’s leading RiskOps solution implemented onto the platform.

“We are delighted that Al Rajhi Bank Malaysia has selected Feedzai as a trusted partner. In addition to providing the highest level of financial security for ARBM and their customers, our unified RiskOps platform will ensure that their teams have a single platform to handle everything fraud and financial crime-related,” said Nuno Sebastião, CEO at Feedzai. “By selecting a single, scalable solution that is already trusted by many of the world’s largest banks, Al Rajhi Bank Malaysia will ensure its customers are well protected against financial crime such as money laundering or scams which ultimately erode consumer trust in the financial system.”

Since 2021, ARBM set its vision to become the #1 Islamic innovation bank in Malaysia and initiated its digital transformation by building a digital bank. The bank is committed to invest in a customer-focused approach and to emerge as the leader in the Islamic banking industry while delivering greater value to their customers and deepening financial access and relevance.

Arsalaan (Oz) Ahmed, Chief Executive Officer, Al Rajhi Bank Malaysia, added “Al Rajhi Bank Malaysia is launching a state-of-the-art digital bank which will be differentiated by its high levels of innovation, customer-centricity and reliability. Our strategic key partners have enabled us to tap into the vast potential of cutting-edge technology to help advance towards our vision of becoming the #1 Islamic finance innovation bank in Malaysia. Feedzai was the stand-out provider to meet all our financial crime prevention needs in keeping our customers safe and secure in an ever evolving financial crime landscape. The partnership with Feedzai is in line with our commitment to innovation and reimagining the 21^st century banking experience.”

Feedzai’s RiskOps meets key industry challenges to seamlessly solve for Identity, Real-Time data, and collaboration across the customer lifecycle whilst increasing productivity and enabling financial services companies to deliver better outcomes for their customers. RiskOps by Feedzai fully integrated cloud offering, covers device authentication, malware defense, behavioral biometrics (along with a package of fraud detection scenarios from scams to account takeover) and a full suite of integrated Fraud and AML solutions from Customer Due Diligence to Watchlist Screening and Transaction Monitoring.

Feedzai is also continuing to strengthen its presence and team in the region and recently announced Cormac Sheedy as the new General Manager for the Middle East & Africa. Sheedy has over 25 years of experience as a sales director at the crossroads between financial services and technology. He joins Feedzai from Irish regulation technology firm Fenergo, where he was head of MENA Sales.

About Feedzai:
Feedzai is the world’s first RiskOps platform, and the market leader in safeguarding global commerce with today’s most advanced cloud-based risk management platform, powered by machine learning and artificial intelligence. Feedzai is securing the transition to a cashless world while enabling digital trust in every transaction and payment type. The world’s largest banks, processors, and retailers trust Feedzai to protect trillions of dollars and manage risk while improving the customer experience for everyday users, without compromising privacy. Feedzai is a Series D company and has raised $282M to date. With a valuation of +$1.5B, the company’s technology protects 900 million people in 190 countries. For more information, visit feedzai.com

About Al-Rajhi Banking & Investment Corporation (Malaysia) Bhd (ARBM)
ARBM, a wholly owned subsidiary of the world’s largest Islamic Bank, Al Rajhi Bank Kingdom of Saudi Arabia (KSA) was locally incorporated in October 2006. Following its official launch in 2007, ARBM became the first Arab bank to start its operation in South East Asia, as part of a Shariah compliant banking group that is instrumental in bridging the gap between modern financial demands and intrinsic values, whilst spearheading numerous industry standards and development.

At ARBM, we believe that the one thing that holds the world together as people of different nationalities, races and cultures are values. Values define us, unite us, and garner trust from those we serve. Deeply rooted in Islamic banking principles and operating on the same platform as its home bank, ARBM was established on the bedrock values of Integrity and Transparency, Passion to Serve Our Customers, Solution Oriented, Modesty, Innovativeness, Meritocracy and Care for Society.

ARBM continuously endeavors to expand its suite of products and services to meet the financial needs of its customers, delivering innovative Shariah compliant financial solutions across retail, corporate, treasury and investment segments. Today, ARBM operates through a distribution network of 16 branches nationwide.

Media Contact
Marlene Kaur
Al-Rajhi Bank Malaysia 
marlene.kaur@alrajhibank.com.my
Tel: +603 2301 7413   

Feedzai
pr@feedzai.com 

Nyxoah to Release Second Quarter and First Half 2022 Financial Results on August 8, 2022

Mont-Saint-Guibert, Belgium – July 19, 2022, 10:30pm CET / 4:30pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced that the Company will release financial results for the second quarter and first half of 2022 on Monday, August 8, 2022, after market close. Company management will host a conference call to discuss financial results that day beginning at 10:30pm CET / 4:30pm ET.

Investors interested in listening to the conference call may do so by registering for a unique personal PIN at the following link: https://register.vevent.com/register/BIfc3a52c9352e4e42958e9d816245b3b9. A live and archived webcast of the event will be available on the Company’s investor relations website at https://investors.nyxoah.com/events.

About Nyxoah
Nyxoah is a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA). Nyxoah’s lead solution is the Genio® system, a patient-centered, leadless and battery-free hypoglossal neurostimulation therapy for OSA, the world’s most common sleep disordered breathing condition that is associated with increased mortality risk and cardiovascular comorbidities. Nyxoah is driven by the vision that OSA patients should enjoy restful nights and feel enabled to live their life to its fullest.

Following the successful completion of the BLAST OSA study, the Genio® system received its European CE Mark in 2019. Nyxoah completed two successful IPOs: on Euronext Brussels in September 2020 and NASDAQ in July 2021. Following the positive outcomes of the BETTER SLEEP study, Nyxoah received CE mark approval for the expansion of its therapeutic indications to Complete Concentric Collapse (CCC) patients, currently contraindicated in competitors’ therapy. Additionally, the Company is currently conducting the DREAM IDE pivotal study for FDA and US commercialization approval.

For more information, please visit http://www.nyxoah.com/.

Caution – CE marked since 2019. Investigational device in the United States. Limited by U.S. federal law to investigational use in the United States.

Contacts:
Nyxoah
Loïc Moreau, Chief Financial Officer
corporate@nyxoah.com
+32 473 33 19 80

Jeremy Feffer, VP IR and Corporate Communications
jeremy.feffer@nyxoah.com
+1 917 749 1494

Attachment

• ENGLISH_Q2 2022 Earnings Call Save-the-Date_FINAL

PICKERING, Ontario, July 19, 2022 (GLOBE NEWSWIRE) — TJP Labs Inc. (“TJP Labs”) is North America’s leading full-service contract manufacturer of next-generation products, focusing on Modern Oral Nicotine pouches and oral delivery solutions for energy and nutraceutical products. After completing a thorough

regulatory assessment and meeting all GMP requirements, Health Canada has granted TJP Labs Inc. a Drug Establishment License (DEL).

Any company that intends to import, fabricate, package, label, or distribute pharmaceutical drugs must obtain a Drug Establishment License per Health Canada regulatory requirements. It is a comprehensive and stringent process to achieve DEL approval as a company must demonstrate it meets strict quality control standards and procedures.

The Drug Establishment License aligns with TJP Labs’ future goal to offer drug manufacturing services. Further, it augments TJP’s globally recognized expertise in full-service contract manufacturing in the next-generation nicotine and nutraceutical space.

Speaking on the achievement, David Richmond-Peck, CEO of TJP Labs, said:

“We are incredibly excited at the future possibilities Drug Establishment Licensing offers our global customers. We founded TJP Labs to promote global harm reduction and develop products appropriate for the protection of public health. Passing the rigorous inspection process conducted by Health Canada is evidence that the unparalleled quality of our best-in-class manufacturing facility aligns with our corporation’s long-term objectives.

This license, including our Natural Health Products Site License, ISO 9001:2015, HACCP and cGMP certifications, speaks to the rigorous quality standards at TJP Labs. It propels our vision to become a global leader in modern oral nicotine, energy, and nutraceutical pouch manufacturing. Further, it reinforces our ability to service high-volume brands in international markets.”

About TJP Labs Inc. 
TJP Labs is a leading North American full-service, global contract manufacturer of premium quality next-generation products, specializing in modern oral nicotine, energy, and nutraceutical pouches. Our products are manufactured and packaged in our DEL, Site-Licensed, cGMP/HACCP compliant, ISO 9001:2015 certified state-of-the-art facilities.

Contacts

David Richmond-Peck – business@tjplabs.com

Website: www.tjplabs.com