Category: Press Releases

MILAN, Italy, June 16, 2023 (GLOBE NEWSWIRE) — Intesa Sanpaolo presented Isybank, the Group’s new digital banking platform, a qualifying project of its Business Plan 2022-2025, central to its customer service model and digital development strategy.

The launch of Isybank took place at the Gioia 22 office tower in Milan, nicknamed ’The Glass Splinter’ and located in Porta Nuova, which houses the operational headquarters of Isybank and other Intesa Sanpaolo Group Divisions.

In addition to Carlo Messina, Managing Director and CEO of Intesa Sanpaolo, the Group was represented by Stefano Barrese, Head of the Banca dei Territori Division, and Paola Papanicolaou, Head of the Transformation Coordination Area, who participated in a panel on the digital development of Intesa Sanpaolo that included the testimony of Tara Brady, President of Google Cloud for Europe, Middle East and Africa. This was followed by a discussion between Virginia Borla, Head of Business Governance, Banca dei Territori Division, and Massimo Proverbio, Chief Data, AI, Innovation and Technology Officer, in a panel focused on Intesa Sanpaolo’s service model, the value of people and technology, to which Paul Taylor, Founder & CEO Thought Machine, a leading fintech company and former Isybank partner, also contributed.

Antonio Valitutti, CEO of Isybank, presented the innovative approach of the new digital bank by demonstrating the functions of the app at the centre of the new digital ecosystem.

“With the launch of Isybank, the digital transformation of Intesa Sanpaolo continues, which sees this project as one of the pillars of the 2022-2025 Business Plan”, explained Carlo Messina, Managing Director and CEO of Intesa Sanpaolo.

“This is a further step towards making our Group an example of best practice in the technological field as well,” Messina continued, “and it is a break with the bank’s past, which will enable it to be a leader on the European market in terms of operational efficiency and innovation in the service of its customers. At the same time, the digital competencies of the bank’s core business continue to be reinforced decisively, with a focus on growth drivers, through significant investments in human capital and the development of a business model that has proven successful due to its diversification and resilience”.

Intesa Sanpaolo has identified Thought Machine, a core banking technology company based in the UK, with regional offices in New York, Singapore and Sydney, as the ideal partner to bring the new digital banking platform to life.

The Group has outlined a €5 billion investment plan for technology and growth and will employ 4,000 people from Intesa Sanpaolo between professional retraining and recruitment of specific profiles, including about 2,000 IT professionals, to whom it will offer professional development and growth as Italy’s largest private employer and one of the ‘best employers’ according to Linkedin and the Top Employers ranking.

For more information:
Press Office LaPresse – ufficio.stampa@lapresse.it

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2d614654-e90b-4cf9-a429-f196b5445568

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

GlobeNewswire Distribution ID 8859626

KUALA LUMPUR, Malaysia, June 13, 2023 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced that its wholly owned subsidiary, V Capital Consulting Limited (“VCCL”) has been appointed as Sagtec Group Sdn Bhd’s (“SAGTEC”) initial public offering (“IPO”) consultant. This is in conjunction with SAGTEC’s proposed listing on the NASDAQ stock market. This IPO advisory mandate entails a USD2 million advisory fee and a success fee of 5% of the market capitalisation of SAGTEC when listed.

As the IPO consultant, VCCL’s scope of work, amongst others, includes:-

1. review and assist with the reorganization of SAGTEC’s capital structure;
2. establish capital market strategies to maximize SAGTEC’s value ahead of the listing exercise;
3. where applicable, review and assist in responding to queries from U.S. Securities and Exchange Commission and NASDAQ; and
4. prepare and assist in obtaining all requisite regulatory approvals.

VCCL’s consultancy expertise was further sought as SAGTEC also appointed VCCL as its business expansion consultant in connection with SAGTEC’s plans to expand its business into the Southeast Asia region.

On this note, VCCL will conduct feasibility studies and competitive analysis to understand the competitive landscape within the said region. As part of its job scope, VCCL will also be developing customised market strategies that complement SAGTEC’s business goals on the back of the unique dynamics of the Southeast Asia region.

“We are truly honoured to be awarded not one but two consultancy jobs by SAGTEC. We are more than happy to provide our expertise to ensure the successful listing of SAGTEC on NASDAQ,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.

About VCI Global Limited

VCI Global is a multi-disciplinary consulting group with key advisory practices in the areas of business and technology. The Company provides business and boardroom strategy services, investor relation services, and technology consultancy services. Its clients range from small-medium enterprises and government-linked agencies to publicly traded companies across a broad array of industries. VCI Global operates solely in Malaysia, with clients predominantly from Malaysia, but also serves some clients from China, Singapore, and the US.

For more information on the Company, please log on to https://v-capital.co/.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company’s ability to achieve profitable operations, customer acceptance of new products, the effects of the spread of Coronavirus (COVID-19) and future measures taken by authorities in the countries wherein the Company has supply chain partners, the demand for the Company’s products and the Company’s customers’ economic condition, the impact of competitive products and pricing, successfully managing and, general economic conditions and other risk factors detailed in the Company’s filings with the United States Securities and Exchange Commission. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.

CONTACT INFORMATION:

Issued by Imej Jiwa Communications Sdn Bhd on behalf of VCI Global Limited
For media queries, please contact:

Imej Jiwa Communications Sdn Bhd
Chris Chuah
Email: chris@imejjiwa.com

GlobeNewswire Distribution ID 8857148

MUNICH, Germany, June 16, 2023 (GLOBE NEWSWIRE) — This week at The smarter E Europe exhibition, American Battery Solutions, Inc.’s Energy Storage Solutions division (ABS ESS; exhibitor stand B2.476), manufacturer of the ultra-high-density TeraStor battery energy storage platform, announced a strategic partnership with EVE Energy (EVE), a distinguished global supplier of high-quality battery cells.

Under this agreement for prismatic LFP cells, ABS ESS and EVE have confirmed raw material supply and production capacity that will support a portion of ABS ESS’s impressive plans to deploy over 30 GWh of their innovative energy storage architecture over the next three years. The current terms grant ABS ESS access to more than 100 MWh of manufactured cell capacity per week—which equates to 5 GWh per year—ensuring a steady supply to meet much of the growing demand for their large-scale TeraStor BESS solution.

“Our collaboration has been in progress for the past year, with an initial agreement reached in Q4 of 2022,” said Steven Chen, Vice President of EVE Energy Co. Ltd. “Extended warranty terms were finalized in Q1 of 2023, and we are very happy to announce this partnership now.” In line with ABS ESS’s commitment to providing customers with an unrivaled level of service and support, the agreement enables robust extended capacity and availability guarantees that last up to 20 years for ABS ESS customers.

ABS ESS selected EVE cells for their market acceptance and exceptional reliability. Both of the following recent announcements from ABS ESS used EVE-sourced cells in their related studies:

• TeraStor BESS system reliability analysis, conducted by Reliant Labs, confirming an unrivaled predicted 99.999% (5-nines) reliability
• TeraStor 9540A module-level testing, demonstrating efficacy of architected safety features

“ABS ESS is excited to join forces with EVE in our mission to deliver reliable energy storage solutions that enable a sustainable energy future,” said Rick Cwiakala, Vice President of Operations. “Through this strategic partnership and MSA, we are well-positioned to meet much of the growing demand for the TeraStor and for our additional forthcoming systems that are purpose-built for execution of further energy storage scenarios.”

ABS ESS maintains flexibility in its supply chain, with the ability to source additional new and future cells from EVE and other high-quality suppliers. The extended warranty options and flexible energy assurance plans demonstrate the company’s commitment to delivering revolutionary energy storage solutions at the highest quality and greatest total lifetime value to customers. For more information on American Battery Solutions’ Energy Storage Division and the 7.2 MWh (600MWh/acre) TeraStor, please visit https://www.americanbatterysolutions.com/ess/ess-home.

About American Battery Solutions’ Energy Storage Solutions Division
American Battery Solutions, Inc.’s Energy Storage Solutions division is a pioneering provider of advanced energy storage solutions. The company designs, develops and manufactures cutting-edge systems, empowering customers to harness the full potential of renewable energy and optimize energy management. With a steadfast commitment to value, reliability, sustainability and innovation, the ABS ESS team of industry veterans aims to revolutionize the energy storage landscape.

Contact
ESS Media Relations
American Battery Solutions
2 Cabot Road, Hudson, MA 01749 USA
ess_media@americanbatterysolutions.com

About EVE Energy
Founded in 2001 and listed in Shenzhen in 2009, EVE Energy has developed into a global player in the battery cell market. The company’s research institute has obtained over 5,870 national patents in China, with 60 doctors and more than 3,100 interdisciplinary R&D engineers in materials, electrochemistry, structure design and electronic circuit design on staff. The company launched a carbon reduction roadmap, saved a total of 2,533 tons of standard coal, reduced 16,000 tons of annual CO2 emissions and was named a “National Green Factory.” For more information about EVE Energy’s prismatic LFP cell technology, please visit https://www.evebattery.com/en/prismatic-lfp-cell.

GlobeNewswire Distribution ID 8859562

KUALA LUMPUR, Malaysia, June 16, 2023 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced that it has entered into discussions with the Fusionex Group (“Fusionex”) to establish a mutually beneficial exclusive collaboration between both parties.

This partnership envisages VCI Global providing AI and big data consulting services to its clients. With a primary focus on Southeast Asia, while keeping opportunities open worldwide, VCI Global has selected Fusionex as its technology partner. The global AI market, estimated to be valued between USD110 billion and USD120 billion in 2022, presents immense potential for growth. Furthermore, industry projections indicate that the Asia Pacific market is poised to grow at a compound average rate of 35% to 40% from 2022 to 2030.

Leveraging Fusionex’s Analytics GIANT solution, VCI Global aims to deliver value and strategic guidance to its clientele. With its expertise in analytics, Big Data, machine learning, and AI, the multi-award-winning data technology market leader, Fusionex, empowers its clients in managing invaluable insights from the vast amounts of data available.

“Economies are frantically bridging gaps between businesses and the fast-evolving technologies such as artificial intelligence, that are made available to markets. This collaboration is thus ideal as whilst tapping on Fusionex’s expertise, we subsequently are able to offer our consulting expertise to our vast network of members,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.

“AI represents the most revolutionary and promising field of technology, playing a vital role in the development of all sectors and industries. The transformative power of AI promises to usher in a new era of efficiency, automation, productivity, strategic planning, and decision-making, unlocking unprecedented opportunities for growth and innovation in these areas. The partnership with VCI Global serves as an impetus to augment their offerings with our technology solutions and expertise,” said Jacob Isaac, Managing Director (New Technologies) of Fusionex.

About VCI Global Limited
VCI Global is a multi-disciplinary consulting group with key advisory practices in the areas of business and technology. The Company provides business and boardroom strategy services, investor relation services, and technology consultancy services. Its clients range from small-medium enterprises and government-linked agencies to publicly traded companies across a broad array of industries. VCI Global operates solely in Malaysia, with clients predominantly from Malaysia, but also serves some clients from China, Singapore, and the US.

For more information on the Company, please log on to https://v-capital.co/.

About Fusionex
Fusionex is an established multi-award-winning data technology leader specializing in Analytics, Big Data Management, IR 4.0, Internet of Things, Machine Learning and Artificial Intelligence. Its state-of-the-art offerings are focused on helping clients unlock value and derive insights from data.

Featured on Forbes, Bloomberg, Gartner, Frost & Sullivan, IDC, Forrester, Edison, and Huffington Post, Fusionex is one of the largest Big Data Analytics company and market leader in ASEAN, bringing state-of-the-art, innovative, and breakthrough data-driven platforms to its stable of clientele (including Fortune 500, FTSE companies, large conglomerates, as well as a wide array of small and medium enterprises [SMEs]) that spans across the United States, Europe, as well as Asia Pacific. Fusionex is also a MDEC Global Acceleration and Innovation Network (GAIN) company.

Gartner’s report on Modern Analytics and Business Intelligence shortlisted and commended Fusionex’s data technology platform. In addition, Fusionex has been identified as a Major Player in IDC’s MarketScape Report for Big Data & Analytics. Fusionex is the only ASEAN-based company to be featured in both reports, cementing its credentials in the data technology market for this region.

To learn more about Fusionex, visit www.fusionexgroup.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company’s ability to achieve profitable operations, customer acceptance of new products, the effects of the spread of Coronavirus (COVID-19) and future measures taken by authorities in the countries wherein the Company has supply chain partners, the demand for the Company’s products and the Company’s customers’ economic condition, the impact of competitive products and pricing, successfully managing and, general economic conditions and other risk factors detailed in the Company’s filings with the United States Securities and Exchange Commission. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.

CONTACT INFORMATION:

Issued by Imej Jiwa Communications Sdn Bhd on behalf of VCI Global Limited
For media queries, please contact:

Imej Jiwa Communications Sdn Bhd
Chris Chuah
Email: chris@imejjiwa.com

BURLINGTON, Mass., June 15, 2023 (GLOBE NEWSWIRE) — Acronis, a global leader in cyber protection, today announced it has received the first-ever Pax8 Beyond MVP EMEA Vendor Award during Pax8’s inaugural Beyond conference. The Awards program recognizes vendors having a significant impact on the channel ecosystem through strategic partnerships, enhanced engagement, and strong dedication to partners.

“Acronis is proud to have been honored with the Pax8 Beyond Award at Beyond 2023, which recognizes the strength of our channel ecosystem,” said Acronis Vice President and General Manager, Americas, Pat Hurley. “This accolade is a testament to Acronis’ unwavering focus and steadfast dedication to strategic partnerships and reinforces our position as a leader and trusted provider of comprehensive cyber protection solutions for businesses of all sizes worldwide.”

Held in Denver, CO, from June 11 – June 13, Beyond 2023 provided Pax8 partners three days of immersive learning and innovation. Attendees gained critical business insights through keynote presentations from industry leaders, custom-built breakout sessions, and an expo hall with over 80 sponsoring vendors. Nine vendor awards were presented during the final day of the conference, recognizing the success, growth, and innovation fueled by the vendors offered through the Pax8 Marketplace.

“We are thrilled to recognize these vendors and celebrate our successful partnerships over the past year,” said Nikki Meyer, Corporate Vice President of Vendor Alliances at Pax8. “Our inaugural Beyond conference brought together every part of our ecosystem, connecting partners and vendors to our solutions and business experts. The innovative, educational, and collaborative environment cultivated during this event was the perfect place to recognize our vendors and their influence in the channel.”

About Pax8
Pax8 is the world’s favorite cloud marketplace for IT professionals to buy, sell, and manage best-in-class technology solutions. Pioneering the future of modern business, Pax8 has cloud-enabled more than 400,000 enterprises through its channel partners and processes one million monthly transactions. Pax8’s award-winning technology enables managed service providers (MSPs) to accelerate growth, increase efficiency, and reduce risk so their businesses can thrive. The innovative company has ranked in the Inc. 5000 for five years in a row. Join the revolution at pax8.com.

Follow Pax8 on Facebook, LinkedIn, Twitter, Pax8 Blog, and YouTube.

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 18,000 service providers to protect over 750,000 businesses.

Press contacts:
Karl Bateson
Karl.Bateson@acronis.com

GlobeNewswire Distribution ID 8859309

NEW YORK, June 15, 2023 (GLOBE NEWSWIRE) — A suite of next generation crypto miners from Bitmanu are currently the talk of the town in the crypto market. These 3 nanometer ASIC miners have been tipped by many experts as the future of crypto mining. The immense power of Bitmanu’s BM1, BM2, and BM Pro miners have made them most powerful and profitable mining rigs ever.

Powered by the latest and most advanced silicon semiconductor chips, Bitmanu miners offer higher transistor density, better mining speed, and reduced power consumption. However, the feature that sets Bitmanu miners apart from the rest is their hash rates. No other mining rig created so far has been able to match these hash powers.

Extraordinary Hash Powers

• BM1: Bitcoin 760 TH/s, Litecoin 80 GH/s, Dash 15 TH/s, Monero 6 MH/s
• BM2: Bitcoin 1220 TH/s, Litecoin 128 GH/s, Dash 25 TH/s, Monero 10 MH/s
• BM Pro: Bitcoin 3900 TH/s, Litecoin 400 GH/s, Dash 75 TH/s, Monero 32 MH/s

Unlike most other products in the market, Bitmanu miners are extremely energy-efficient in spite of their extraordinary processing powers. The low power cost has made these miners a viable choice for many data centers as well as home mining projects. Interestingly, many Bitmanu customers have been able to recover their investment fully in less than a month, and make humungous profits thereafter.

Unprecedented Monthly Profits

• BM1: Bitcoin $1300, Litecoin $1800, Dash $4800, Monero $3600
• BM2: Bitcoin $2100, Litecoin $2900, Dash $8500, Monero $6000
• BM Pro: Bitcoin $6600, Litecoin $8900, Dash $20,000, Monero $22,000

“When we started Bitmanu, our goal was to bring about a long-term change to the market by making crypto mining convenient and profitable like never before. It gives us immense pleasure to inform that many of our satisfied customers have no prior experience in crypto,” said David Letoski, CMO of Bitmanu.

To find out more about Bitmanu, please visit https://bitmanu.com/

About Bitmanu: Bitmanu stands as a prominent manufacturing company, driven by a team of investors and renowned experts in the cryptocurrency industry. The company’s mission is to make the advantages of the latest technological innovations accessible to everyone. Bitmanu proudly presents an impressive lineup of cryptocurrency miners that deliver exceptional returns on investment with remarkable speed. \

Alex Torum

media@bitmanu.com

+1 347 973 5948

GlobeNewswire Distribution ID 1000825486