kkplus kidsland launches Hong Kong’s first Christmas large-scale Care Bears project, Turnover exceeds HK$1 million in the first weekend

HONG KONG, Nov 17, 2023 – (ACN Newswire) – kkplus kidsland, a trendy toy platform of Kidsland International Holdings Limited (“Kidsland” or the “Group”; stock code: 2122), the largest toy retailer and distributor in China, partnered with Champion REIT (stock code: 2778) to bring about the popular IP Care Bears(TM) at Grand Atrium, 4th Floor, Langham Place from 10 November to 1 January. This is the first Christmas large-scale Care Bears project in Hong Kong. The program achieved an impressive sales performance of over HK$1 million during the first weekend, having seized the opportunities presented by the trend and the new generation of customers.

Care Bears originated from the American greeting card designs of the 1980s. Each character has a different color and pattern, making them highly sought after by the new generation of customers. This project integrates the millennium Y2K elements as the core of the design, with the “Care Bears Express” Christmas train as the theme, creating a series of festival-themed photo opportunities. As well as 30 Care Bears in different roles and a special train compartment with 300 Care Bears, there is a giant two-meter high Grumpy Bear, a five-meter high giant Christmas tree, and a 40-meter Care Bears rainbow ladder. In addition, a pop-up store has been set up to attract Generation Z with over 100 kinds of Care Bears products and winter fashion items, allowing them to take photos and shop.

Mr. Lee Ching Yiu, Chairman and CEO of Kidsland, said, “Through the trendy toy platform kkplus kidsland, Kidsland actively cooperates and interacts with brands from different fields, aiming to bring trendy and collectible toy products from around the world to customers. In view of the consumption potential of the new generation, the Group is offering a Y2K experience with Langham Place, a trendy hotspot for chic consumers that is popular among young customers. This initiative aims to meet market needs and trends, helping the Group expand its customer reach and drive sales growth.”

kkplus kidsland is a multi-brand trendy and collectible toy platform that offers unique product categories and an art gallery-style shopping experience. In addition to local brands in Hong Kong, it also collaborates with international brands from the United States and Japan, including the launch of a number of products in collaboration with well-known IPs that are popular worldwide, such as Creamy Mami, Care Bears, Lulu the Piggy, Leeeeeetoy, etc. The Group continues to innovate and now has a diversified product portfolio of more than 20 brands from around the world and 15 local brands, catering to different tastes and preferences and tapping into the fast-growing trendy toy market.

“Care Bears Express” Christmas train lighting ceremony marks the beginning of the event.

About Kidsland International Holdings Limited(stock code: 2122)

Kidsland International Holdings Limited (“Kidsland” or “the Group”) is engaged in the retail, wholesale, e-commerce and brand operation of toys and related lifestyle products in China. As a leading toy retailer and distributor in China, Kidsland has over 20 years of industry experience and represents a portfolio of world-renowned, category-leading brands. The Group owns a well-established online and offline sales network in China. Currently, its self-operated offline retail system includes kidsland stores, LEGO Certified Stores, FAO Schwarz flagship store and kkplus kidsland.

Media Enquiry:

Strategic Financial Relations Limited

Vicky Lee  Tel: (852) 2864 4834  Email: sprg_kidsland@sprg.com.hk

Katrina Hui  Tel: (852) 2114 4318  Email: sprg_kidsland@sprg.com.hk

http://www.sprg.asia



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Novationwire Launches Cutting-Edge AI Platform Empowering Singapore SMBs to Boost Brand Influence

SINGAPORE, Nov 17, 2023 – (ACN Newswire) – Novationwire (https://www.novationwire.com), a leading press release distribution company based in Singapore, has launched a revolutionary new AI platform called AI-Branding-Leverage (ABL) to help small businesses and startups boost their brand influence through strategic press release distribution.

Novationwire CMO Eric Lee gave an exclusive media interview to showcase how ABL can level the playing field for companies seeking to earn greater media coverage and exposure.

“Press releases have become an indispensable tool for Singapore brands to shape their narrative in a noisy, competitive landscape. But creating and distributing effective press releases can be an uphill battle for SMBs and startups with limited resources,” said Lee. “Our new ABL platform completely transforms press release distribution through the power of artificial intelligence.”

Lee explained that ABL incorporates cutting-edge AI to handle every step of the press release process, from identifying a client’s unique objectives, key messages and target audiences, to developing optimized content, building custom media lists, conducting targeted outreach, and monitoring results. This creates a streamlined, automated system that delivers unparalleled efficiency and precision.

Some of the platform’s standout features highlighted by Lee include:

– AI-powered press release writing tailored to each client’s goals, narratives and personas. This replaces the manual drafting process with fast, strategic content creation.

– Automated distribution across Novationwire’s vast proprietary media database, eliminating the grunt work of manual outreach.

– Custom AI media list building based on individual client needs to guarantee relevancy and response.

– Proactive pitching to exactly the right journalists and outlets for each press release.

– 24/7 monitoring and real-time alerts when coverage is secured.

– Access to an online media room to store assets and analyze campaign metrics.

“ABL brings all the different elements of effective media relations under one roof and lets AI handle the heavy lifting. This is a game changer for our clients in Singapore competing for attention and mindshare,” remarked Lee.

Lee noted that this ability to punch above one’s weight class in terms of publicity is what sets ABL apart. “Our platform has leveled the playing field. Singapore companies of any size can now execute integrated brand journalism campaigns that build credibility, shape narratives and drive real business impact.”

Moving forward, Novationwire plans to continuously refine and expand the capabilities of ABL by incorporating insights from its growing customer base. “The future is bright as we unlock new ways for our clients to leverage AI and achieve their communications objectives. We are committed to pushing the envelope of what’s possible.”

As Lee summarized, “In today’s crowded market, earned media exposure through press releases is more valuable than ever. With ABL, Novationwire has made press release distribution easy, efficient and highly effective for our Singapore users, so companies of all sizes can build their brands and stand out from the competition.”

About Novationwire

Novationwire is a media technology company that provides press release distribution, media databases, monitoring and analytics to execute integrated brand journalism campaigns. Through its AI-driven platform, Novationwire is dedicated to making press release distribution easy, efficient and effective for organizations of all sizes. For more information, visit Novationwire.com.

Media Contact
Brand: Novationwire
Contact: Eric Lee
Email: support@novationwire.com 
Website: https://www.novationwire.com



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

ASEAN Ceramics 2023: the premier trade fair for Ceramics – Machinery, Technology and Materials professionals in Southeast Asia

HANOI, Vietnam, Nov 17, 2023 – (ACN Newswire) – The 7th ASEAN Ceramic 2023 is set to take place from November 28-30, 2023, at the International Centre for Exhibition (I.C.E.) in Hanoi, Vietnam. The event is organized by Messe München, a leading international trade fair organizer, and is expected to attract thousands of exhibitors and visitors from around the world. Co-organized with the Vietnam Building Ceramic Association, in collaboration with consultants Asian Exhibition Services (AES) Ltd.

The three day event is endorsed by Ministry of Construction of Vietnam (MOC) and the Ceramic Industry Club of ASEAN (CICA) and supported by international and domestic government trade and associations, including the Association of Italian Manufacturers of Machinery and Equipment for Ceramics (ACIMAC), China Council for the Promotion of International Trade (CCPIT) Building Materials Sub-Council, Gangneung Science & Industry Promotion Agency, Korea Fine Ceramics Association (KCFA), Thai Ceramic Society (TCS), Bangladesh Ceramic Manufacturers & Exporters Association (BCMEA), Vietnam Consumer Ceramic Association (VCCA), Vietnam Association for Building Materials (VABM), and Vietnam Institute for Building Materials (VIBM).

Vietnam, 10 November 2023 – ASEAN Ceramics, Southeast Asia’s leading international exhibition of machinery, technology and materials for manufacturing white-ware, heavy clay, bricks and advanced ceramics, will open its doors on Tuesday, 28 November in Hanoi. The conference program features over 30+ conference sessions and panel discussions presented by the leading industry experts from across the globe to address the industry’s key challenges, formulate innovative solutions and collaborate on the future of ceramic manufacturing in this region.

ASEAN Ceramics Vietnam, known as the central hub in the ASEAN region, is celebrating its biggest event ever with an expected 3,000 ceramic professionals, industry’s top buyers and investment decision-makers from more than 30 countries around the world visiting the fair. Sponsorships include ACIMAC – Association of Italian Manufacturers of Machinery and Equipment for Ceramics, IZAWA PIGMENT CO., LTD and Heraeus Tokmak Kiymetli Mad.San.A.S, the upcoming edition of ASEAN Ceramics 2023 is expected to bring together a spectacular reunion of the ceramic industry sector.

The 2023 trade fair exhibitors include national and international industry giants – SACMI, SYSTEM CERAMICS, Aokerola Group (USA) LLC, Behn Meyer, Rock Team, VITIS JSC, TQT, 3DCERAM SINTO, Neptune Industries Limited, PCL Ceramics, JD-TECH Adroit Group, Kemei and Sedlecký Kaolin, A.S. The exhibition show will feature international exhibitors from – USA, France, Germany, Spain, Italy, United Kingdom, Czech Republic, Peru, Turkey, Australia, India, Taiwan, Japan, Korea, Hong Kong, Australia, Malaysia, Singapore and China. The ACIMAC, CCPIT, KFCA will support the exhibition with Italian, China and Korea Pavilion.

“We have great pleasure in welcoming leading ceramic experts, top manufacturers and suppliers representing all aspects of the ceramics industry from all around the globe to this latest and largest edition of ASEAN Ceramics”, said Mr. Michael Wilton, CEO & Managing Director of MMI Asia Pte Ltd, a subsidiary of Messe München GmbH. “This year’s event will provide attendees invaluable opportunities to discover the latest product innovations and techniques in the industry through inspiring curated content, networking opportunities, and agenda setting initiatives”.

“In recent ten years, Vietnam ceramic industry has been developing rapidly, becoming one of the biggest ceramic producing countries in the world, become an attractive destination for suppliers of ceramic machinery and equipment, raw materials”, said Mr. Dinh Quang Huy, Chairman of Vietnam Building Ceramic Association (VIBCA). “ASEAN Ceramics 2023 in Hanoi Vietnam this year is a very good platform to connect industry leaders, business owners, decision makers, customers, distributors and agents, consultants, contractors, potential partners in the ceramic manufacturing industry”.

Apart from the exhibition area, ASEAN Ceramics offers valuable first-hand know-how. The trade fair includes several side events to offer visitors a holistic experience of current technologies, and trending developments in the market. ASEAN Ceramics Factory Tour Visits are hosted by Hao Canh Porcelain Production and Trading Company Limited, Long Hau Ceramics, and Viglacera Thai Binh, the biggest ceramic manufacturers from Vietnam will also be highlighting their success at the manufacturer’s gallery. The Department of Silicate Materials Technology, School of Chemistry and Life Sciences, Hanoi University of Science and Technology have partnered with ASEAN Ceramics to launch the Ceramic Job and Education Fair. Major manufacturing companies from Bat Trang Village will showcase a live-demo pottery using clay from our famous invited artists.

Conference Program from the Top Industry Experts

The ASEAN Ceramics Conference will take place on 28 – 30 November in parallel to the with the trade fair. The conference program features over 30 conference sessions and product highlights presented by national and international experts from ceramic sector across the globe to report on the latest topics under the theme: Building a Sustainable Future, Green Innovation and Production Efficiency through Digitalization, Automation, Alternative Fuels, Energy Recovery, and Losses & Waste Reduction which will underscores the industry’s commitment to sustainability and technological progress.

Vietnam’s Ceramic and Building Materials Industry Towards Sustainable Development

On November 29th, a seminar organized by the Vietnam Building Ceramic Association (VIBCA) will provide insights from building ceramic industry, outstanding research achievements in the field of ceramics, industrial glass-ceramic industry, ceramic slabs in interior decoration, to changes in the Vietnamese (TCVN) and ISO standards system and technological improvements in brick production.

Various ceramic applications and marketable product innovation are to be presented at the event include:

  • Digitalization: Focus on Glazing Line – System Ceramics, Italy
  • Zero-Impact Ceramics Production Processes – SACMI, Italy
  • Shaping Technical Ceramics with 3D Printing Technologies, State of Art – 3DCeram, France
  • Utilizing Technological Innovation to Achieve Energy Conservation and Clean Combustion – Foshan City Welkin Technology, China

About Messe Muenchen GmbH

Messe Muenchen GmbH is one of the world’s leading trade fair organizers with more than 50 trade fairs for capital goods, consumer goods, and new technologies. Every year, Messe Muenchen organizes more than 200 events in Munich, Germany, and abroad, attracting over 30,000 exhibitors and 2 million visitors. The company’s mission is to create innovative, sustainable, and profitable platforms for its customers to do business and connect with their target markets.

About MMI Asia Pte Ltd

MMI Asia is a full subsidiary of Messe München GMBH (MMG) established in 1992 and one of the world largest and leading exhibition organizers. MMI Asia was set up as the regional headquarter and a wholly-owned subsidiary of MMG to promote global trade expansion by facilitating participation of Asian exhibitors in Messe München fairs worldwide. MMI Asia also provides consultancy in professional trade fair and conference management to government bodies, international trade and promotion organizations, and trade associations.

About Vietnam Building Ceramic Association (VIBCA)

Vietnam Building Ceramic Association is a professional organization, non-governmental, voluntary, established under Decision No. 41/1999 / QD – BTCCBCP dated 04-10-1999 of the Minister, Head of the Organizing Committee Government personnel. Currently VIBCA includes around 100 members are enterprises of different economic sectors, operating mainly in the field of building ceramics, including the associate members are research institutions, investment consulting, manufacturing and mechanical engineering. VIBCA is a member of the Association of Asean Ceramics Industry CICA and intimate relationship with the Association Ceramics of countries in Asean and in the world.

Contact:

MMI Asia Pte. Ltd.

Joey Ng – 65 9734 7946
Marketing Executive
joey@mmiasia.com.sg  

Vietnam Building Ceramic Association
Ms Vu Thi Kim Dung – 84 915114000
Chief of Foreign Affairs
vibcaoffice@gmail.com



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

TransNusa Becomes Second Indonesian Airline To Launch Guangzhou Flight

JAKARTA, Nov 17, 2023 – (ACN Newswire) – Southeast Asia’s first premium service airline, TransNusa, has made history in Indonesia by becoming the second Indonesian airline to have obtained approvals to operate scheduled flights to China.

Datuk Bernard Francis , Group CEO of PT TransNusa Aviation Mandiri
Datuk Bernard Francis , Group CEO of PT TransNusa Aviation Mandiri

The airline successfully launched its inaugural flight to Guangzhou from Jakarta yesterday, making Indonesia and Indonesians proud by showcasing its experience, strength, strong safety, and security measures as well as well-equipped flight plans.

From left to right (from the FA): Novie Herlina (FLIGHT ATTENDANT); Capt Heru Triperwiranto (GM Operations); Bernard Francis (Aviation Group CEO of PT TransNusa Aviation Mandiri); Patria Bayu Adji (GM Pax Service PT JAS); Amran (Director of Technique PT TransNusa Aviation Mandiri); Sarlita Viansi (FLIGHT ATTENDANT)
From left to right (from the FA): Novie Herlina (FLIGHT ATTENDANT); Capt Heru Triperwiranto (GM Operations); Bernard Francis (Aviation Group CEO of PT TransNusa Aviation Mandiri); Patria Bayu Adji (GM Pax Service PT JAS); Amran (Director of Technique PT TransNusa Aviation Mandiri); Sarlita Viansi (FLIGHT ATTENDANT)

TransNusa’s highly anticipated maiden flight, 8B 860 departed Jakarta at 18.10pm and arrived in Guangzhou earlier today at 12.10am as per schedule, without any delays.

TransNusa Group Chief Executive Officer, also an aviation industry expert, Datuk Bernard Francis said that today was not only a historical day for TransNusa but also for the Indonesian aviation industry.

“As we chart TransNusa’s growth plan, we hope to make Indonesia and Indonesians proud of our achievements as we showcase Indonesia’s aviation strength as well as our culture to passengers worldwide,” Datuk Bernard said, adding that TransNusa is expecting to cater to the business and leisure travellers for this new route.

With regard to details of the Jakarta-Guangzhou route, Datuk Bernard said TransNusa will fly the Jakarta – Guangzhou roundtrip route three times a week, with daily flights starting  from the 20th of December 2023.

Flights will depart Terminal 3 Soekarno – Hatta International Airport at 18.10 pm on Monday, Wednesday, and Friday and arrive at 12.10 am at Guangzhou Baiyun International Airport. Flights from Guangzhou will depart at 01.25 am on Tuesdays, Thursdays, and Saturdays and arrive in Jakarta at 5.40am. Tickets for this new international route will start at $149 .

“With the introduction of our Guangzhou route, we have, in eight months, successfully expanded our international route from South East Asia to encompass the Asia Pacific region,” said Datuk Bernard.

For the Jakarta – Guangzhou route, the premium service provider, will be deploying its Airbus A320, ensuring that its passengers have a comfortable shuttle throughout the 5-hour journey. TransNusa’s A320s have been configured with a 174-seat configuration, which allows passengers to enjoy 30-31 inches of legroom.

“The services we offer for our international flights are above the service level of a low-cost carrier. As such, the flying experience with TransNusa to international destinations will differ from flying with us on domestic routes since TransNusa operates as a low-cost airline business model in the domestic market.” Datuk Bernard concluded.

TransNusa announced its plans to launch international flights with a new business model in April this year. Within the short span of 8 months, the airline has introduced flights to Kuala Lumpur, Johor and now Guangzhou, China. In addition, on November 20th, TransNusa will be launching its inaugural flight to Singapore.

About TransNusa (Revised to include Johor)

Established in 2005, TransNusa started its operation by providing chartered flights. It began its commercial flights in 2011. After ceasing operations due to the Covid-19 pandemic, TransNusa relaunched itself in 2021 as a low-cost airline in its domestic market. In 2023, TransNusa introduced a new business model making it the first Premium Service Airline in the region. The new business model will apply only to its international routes. TransNusa introduced its first international route, Jakarta – Kuala Lumpur, in April this year and its second international route Jakarta-Johor, in September, this year.

The airline is currently based in Jakarta Soekarno-Hatta International Airport. Passengers can book their flights on the TransNusa website, transnusa.co.id, through authorized travel agents in Indonesia, or by contacting the airline’s customer service centre at, +62216310888.

Contact Person
Joshua Fredrick
PR& Communications Consultant
My Qaseh Sdn.Bhd
+60123928943
fredrick@myqaseh.org



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Machine learning techniques improve X-ray materials analysis

TSUKUBA, Japan, Nov 17, 2023 – (ACN Newswire) – Researchers of RIKEN at Japan’s state-of-the-art synchrotron radiation facility, SPring-8, and their collaborators, have developed a faster and simpler way to carry out segmentation analysis, a vital process in materials science. The new method was published in the journal Science and Technology of Advanced Materials: Methods.

The SPring-8 facility has a storage ring with a circumference of 1.5 km
The SPring-8 facility has a storage ring with a circumference of 1.5 km

Segmentation analysis is used to understand the fine-scale composition of a material. It identifies distinct regions (or ‘segments’) with specific compositions, structural characteristics, or properties. This helps evaluate the suitability of a material for specific functions, as well as its possible limitations. It can also be used for quality control in material fabrication and for identifying points of weakness when analyzing materials that have failed.

Segmentation analysis is very important for synchrotron radiation X-ray computed tomography (SR-CT), which is similar to conventional medical CT scanning but uses intense focused X-rays produced by electrons circulating in a storage ring at nearly the speed of light. The team have demonstrated that machine learning is capable in conducting the segmentation analysis for the refraction contrast CT, which is especially useful for visualizing the three-dimensional structure in samples with small density differences between regions of interest, such as epoxy resins.

“Until now, no general segmentation analysis method for synchrotron radiation refraction contrast CT has been reported,” says first author Satoru Hamamoto. “Researchers have generally had to do segmentation analysis by trial and error, which has made it difficult for those who are not experts.”

The team’s solution was to use machine learning methods established in biomedical fields in combination with a transfer learning technique to finely adjust to the segmentation analysis of SR-CTs. Building on the existing machine learning model greatly reduced the amount of training data needed to get results.

“We’ve demonstrated that fast and accurate segmentation analysis is possible using machine learning methods, at a reasonable computational cost, and in a way that should allow non-experts to achieve levels of accuracy similar to experts,” says Takaki Hatsui, who led the research group.

The researchers carried out a proof-of-concept analysis in which they successfully detected regions created by water within an epoxy resin. Their success suggests that the technique will be useful for analyzing a wide range of materials.

To make this analysis method available as widely and quickly as possible, the team plans to establish segmentation analysis as a service offered to external researchers by the SPring-8 data center, which has recently started its operation.

Further information
Public Relations Office, RIKEN
Tel: 050-3495-0305
Email: ex-press@riken.jp 
2-1 Hirosawa, Wako, Saitama, 351-0198, Japan
https://www.riken.jp/en/ 

Paper: https://doi.org/10.1080/27660400.2023.2270529 

About Science and Technology of Advanced Materials: Methods (STAM-M)

STAM Methods is an open access sister journal of Science and Technology of Advanced Materials (STAM), and focuses on emergent methods and tools for improving and/or accelerating materials developments, such as methodology, apparatus, instrumentation, modeling, high-through put data collection, materials/process informatics, databases, and programming. https://www.tandfonline.com/STAM-M 

Dr Yasufumi Nakamichi
STAM Publishing Director
Email: NAKAMICHI.Yasufumi@nims.go.jp

Press release distributed by Asia Research News for Science and Technology of Advanced Materials.



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Wiz Launches AI Security Posture Management (AI-SPM)

NEW YORK, Nov 17, 2023 – (ACN Newswire) – Wiz today announces the addition of Wiz for AI Security to its Cloud Native Application Protection Platform (CNAPP). This move makes Wiz the first ever CNAPP to include AI Security Posture Management (AI-SPM) capabilities, and comes amidst explosive AI adoption.

As companies capitalize on the transformative power of this technology, they must also embed security into every part of the AI pipeline. Wiz Research has found that over 62% of organizations are using at least one AI cloud service, and the trajectory shows no signs of slowdown. One corollary of that growth: security teams must contend with a slew of new services, instances of Shadow AI, and improper controls that could introduce risk – such as the leak of 38 terabytes of data that Microsoft AI researchers accidentally exposed.

“AI adoption today mirrors where cloud was several years ago: almost everyone is using it, but very few organizations have a process in place to govern it,” said Yinon Costica, Cofounder & VP Product, Wiz. “Today’s AI Security launch is a response to that need. Wiz is eliminating roadblocks to innovation, so customers can securely build with AI.”

Wiz for AI-SPM delivers full-stack visibility, and enables customers to proactive remove risks in their AI pipelines. It includes the following capabilities:

– Extending full-stack, agentless inventory with AI-BOM 

– Enforcing misconfiguration checks for AI 

– Extending DSPM to AI 

– Extending Attack Path Analysis to AI 

– AI Security Dashboard

Visit the Wiz blog to learn more about how Wiz is empowering organizations to accelerate AI adoption securely.

About Wiz

Wiz secures everything organizations build and run in the cloud. Founded in 2020, Wiz is the fastest-growing software company in the world, scaling from $1M to $100M ARR in 18 months. Wiz enables hundreds of organizations worldwide, including 40 percent of the Fortune 100, to rapidly identify and remove critical risks in cloud environments. Its customers include Salesforce, Slack, Mars, BMW, Avery Dennison, Priceline, Cushman & Wakefield, DocuSign, Plaid, and Agoda, among others. Wiz is backed by Sequoia, Index Ventures, Insight Partners, Salesforce, Blackstone, Advent, Greenoaks, Lightspeed and Aglaé. Visit https://www.wiz.io for more information.

Contact Information
Tamar Harel
Head of US Office, STLV
tamar@shalomtelaviv.com
+972508879311



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

The Largest Biotech City in Europe Will Soon Be Built, With an Investment Amounting to 7 Billion Euros

VILNIUS, Lithuania, Nov 17, 2023 – (ACN Newswire) – Northway Group is embarking on a project to establish Europe’s largest biotechnology hub, BIO CITY, in Vilnius, the capital of Lithuania. It includes 6 large biotechnological complexes – 4 state-of-the-art GMP manufacturing plants and 2 advanced scientific research centres – that will be built in an area equivalent to 10 football fields. The total investment for this biotech campus is projected to reach approximately 7 billion euros over the next decade.

BIO CITY Map
BIO CITY Map

Northway Group is in the process of constructing Europe’s largest biotechnology hub, with the inaugural Gene Therapy Center set to be operational in 2024.

“A science-based economy, supported by bright minds and intelligent entrepreneurs, is the foundation for Lithuania’s long-term economic prosperity. In the past, our growth was constrained by a lack of fossil resources, but today, we are boldly moving forward, relying on modern technologies. The new biotechnology hub embodies the direction of Lithuania’s innovative economy. It also promises new inventions that will enable people with serious illnesses to become full members of society, thereby reducing exclusion,” says the President of the Republic of Lithuania, Gitanas Nausėda.

Prof. Vladas Algirdas Bumelis, founder and CEO of Northway Biotech and Celltechna, key components of the Northway Group, highlighted Lithuania’s strong global standing in biotechnology. The aim of the BIO CITY project is to further solidify this position with four advanced biomanufacturing facilities and two innovative research centres, significantly boosting Lithuania’s prominence in the international biotech sphere.

The Speaker of the Seimas, parliament of Lithuania, states that the new biotech city being developed in Vilnius will strengthen the competitiveness of our country. “Lithuanian life sciences industry has ambitions and potential to become a global leader in this field: a leader who will significantly contribute to the development of scientific research for the well-being of man, nature and planet, and will facilitate new opportunities to deal with global health, sustainable development and other challenges,” says Viktorija Čmilytė-Nielsen.

Vision of BIO CITY: A European Biotechnology Leader

“We envision BIO CITY as a frontrunner in the European biotechnology, by uniquely integrating various biotech segments into a single, synergistic ecosystem. This multifunctional complex will catalyse interdisciplinary collaborations, the quick realisation of ideas and technological advancements. Our unique model, which brings together diverse biotechnology fields in one location, is set to revolutionise the European biotech landscape,” said Prof. V. A. Bumelis.

Gene Therapy Centre will Open in 2024

The first facility to open its doors in the biotech hub BIO CITY will be the Gene Therapy Centre, which is currently under construction and is being built by Northway Group’s subsidiary, Celltechna. This centre, the first and so far the only one of its kind in the Baltic States, will bolster Lithuania’s role in gene therapy, addressing the needs of the 280 million individuals worldwide who are affected by genetic diseases.

“Our state-of-the-art facility will be instrumental in both research and production, offering new treatments for previously incurable diseases. This will not only augment our CDMO (Contract Development and Manufacturing Organisation) capabilities, but also position us for global competition and collaborations,” added Prof. V. A. Bumelis.

The Gene Therapy Centre, which is expected to become operational in the second quarter of 2024, will specialise in gene therapy research and GMP manufacturing. Representing an investment of 50 million euros, the facility will span 8,000 square metres and is anticipated to create over 100 high-value jobs. The centre will work in synergy with Northway Biotech. Established in 2004, Northway Biotech is a leading provider of CDMO services in the field of biologics, with a focus on the development and manufacturing of recombinant proteins and antibodies.

A Comprehensive Lithuanian Biotech Hub

By 2030, BIO CITY will see the inauguration of five additional complexes, including centres for R&D and Virology, Life Sciences Industry Smart Services, Stem Cell Research and 3D Bioprinting, as well as two large-scale production centres for mammalian and microbial products. The entire BIO CITY complex will span an area equivalent to 10 football fields, with the total investment expected to reach around 7 billion euros over the next decade.

“We will not only focus on contract development and manufacturing services, but will also invest significantly in the operation of scientific research centres. Scientific activity enhances a country’s competitiveness and generates value in various forms, beyond just the economic aspect. Modern biotechnologies, such as gene editing and cell therapies, are advancing rapidly. Lithuania can pride itself on having some of the most talented scientists and robust expertise in these areas. The development of the biotech campus in Vilnius means we are poised to foster new partnerships with innovative startups, research institutions and pharmaceutical companies on a global scale. We are actively seeking partnerships and offer a warm invitation to investors who are enthusiastic about joining this exciting venture,” said Prof. V. A. Bumelis.

Upon its completion, BIO CITY is expected to offer employment to approximately 2,100 highly skilled professionals, including scientists, biotechnologists, and medical engineers.

Lithuania is Among the Leaders in the Global Biotechnology Market

The global biotechnology market, currently valued at over 1,130 billion euros, is anticipated to grow to be worth more than 2,775 billion euros by 2030. Lithuania holds a strong position in this market, ranking among the Top 35 innovative countries in the biotechnology field, according to Scientific American Worldview.

“Every year, Lithuania is mentioned in the field of Life Sciences more often, and the ambitious BIO CITY project will contribute to our leadership. Our vision is coming to life – we are talking about world-class Life Sciences infrastructure and a competitive sector capable of building innovative products. In 2022, companies in the sector posted combined revenues of 1.5 billion euros, while exporting their goods to more than 100 countries. Overall, Life Sciences is a leading sector in Lithuania, when it comes to creating and implementing innovative solutions,” states Aušrinė Armonaitė, the Minister of the Economy and Innovation.

Over 80 life science companies operate in Lithuania, contributing about 2.5% to the country’s GDP. The Northway group, a key player in Lithuania’s biotech sector, manages seven companies: five in Lithuania and one each in the UK and the US, with the US entity being recognised as the largest biotech investor from the Baltic region in recent years. Employing more than 200 specialists, these companies provide services to a diverse array of international biopharmaceutical firms, ranging from small to large enterprises, predominantly operating in both Europe and the US.

BIO CITY Contacts:
Vladas Algirdas Bumelis
CEO and Chairman of the Board
vladas.bumelis@northwaybiotech.com

Contact Information:
Vladas Bumelis
CEO and Chairman of the Board
vladas.bumelis@northwaybiotech.com

Related Files
BIO CITY LOGO_ORANGE.png
BIO CITY LOGO_BLACK.png



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

BLUETTI Black Friday 2023: Exclusive Power Station Deals and Exciting Activities

SYDNEY, AU, Nov 17, 2023 – (ACN Newswire) – Black Friday is coming, and BLUETTI is gearing up to dazzle you with an incredible array of discounts, gifts, exclusive offers, and a thrilling new release – the BLUETTI EP760 energy storage system. Mark your calendar: November 8-19 for Early Access and November 20 to December 3 for the official Black Friday event-don’t miss out on these fantastic deals!

BLUETTI Black Friday Deals on Home Backup Power Stations and Outdoor Generators

BLUETTI Power Stations for Home Backup

– BLUETTI EP500 (2,000W/5,100Wh): The all-in-one power station rolls in like a party on wheels, powering most household appliances like refrigerators and air conditioners. During the summer wildfire season, your home will be cool and bright even if a sudden blackout hits, thanks to EP500’s responsive UPS feature. When paired with the BLUETTI PV350 folding solar panels, it can charge up to 1,200W.

BLUETTI Portable Generators for Outdoor Adventures and Emergencies

BLUETTI AC200P (2,000W/2,000Wh): Compact and powerful, this powerhouse can make your RVing and camping trips a breeze. 13 versatile outlets let you charge all your electronics, cooking appliances, lights and more at once. Throw a few MP200 folding solar panels in your trunk, and you’ll see how quickly it fills up with 700W of solar intake.

– BLUETTI EB55 (700W/ 537Wh): At only 7.5kg, it can be taken on the road and almost anywhere you want. It supports pass-through charging, so you can power your fans while it recharges from MP200 solar panels or your car.

The Newcomer: BLUETTI EP760 Energy Storage System

Introducing the BLUETTI EP760+B500 Energy Storage System, a 7,600W battery system that helps you save on energy bills and protect against power outages. Its modularity allows you to build a capacity from 9,920Wh to a maximum of 19.8kWh by choosing the battery packs you need. Connecting it to your solar arrays means you can use free solar energy even at night to lower your electricity costs. The BLUETTI EP760 system debuted on October 25th with an unbeatable launch price

BLUETTI’s Black Friday Activities to Light Up Your Black Friday

Lucky Prize Wheels: Customers who spend over A$1500 will have 3 chances to try their luck on the Lucky Prize Wheels, once a day until the end of the Black Friday sale (December 3). The chances of winning are pretty darn good. Spin the wheel to win fantastic BLUETTl prizes including EB3A portable generators, MP200 solar panels, BLUETTl outdoor gift boxes, A$100 and A$50 coupons or even BLUETTl T-shirts and brooch. Prizes will be delivered at the end of January.

BLUETTI Lifestyle Gifts: If your spending crosses the thresholds of A$1500, A$2500, A$4000, or A$6000, you could receive free BLUETTI fridge magnets, a T-shirt, a hoodie, or a mini-fridge accordingly.

Earn 3X BLUETTI Bucks: For every order placed, you’ll earn triple BLUETTI Bucks during Early Access from November 8-19, and five times on Black Friday from November 20 to December 3, which can be redeemable for BLUETTI Coupons, Lifestyle Gifts, and more.

Get the Most Out of BLUETTI’s Black Friday Sale

Keep your eyes peeled because the best deals can vanish faster than a hot pizza in a room full of teenagers. Stay updated by following BLUETTI on social media and signing up for their official website newsletter. Here’s a timetable to ensure you don’t miss out on any of the exciting offerings:

– Nov. 8 – Dec.3: Spin the prize wheels and win gifts like the EB3A.
– Nov. 20 – Dec.3: Earn 5X BLUETTI Bucks.
– Nov. 20 – Dec.3: Get gifts with a purchase over A$1500.
– Anytime: Refer a friend and get an extra 5% off.

Feel Confident Shopping This Season

BLUETTI is not your average brand; it’s a powerhouse of innovation and reliability. With over 300 patents, their R&D experts consistently deliver groundbreaking products every year. When you shop at BLUETTI, you’ll not only get a great product at a fantastic price but also a seamless shopping experience with exceptional service.

– Buy Now and Pay Later (BNPL) service for flexible payment.
– A 30-day money-back guarantee for any quality-related issues.
– Free and Fast local shipping with a vast network of local warehouses worldwide.
– Lifetime customer support, available 24/7 for both pre and post-sale assistance.

About BLUETTI

BLUETTI has been committed to promoting sustainability and green energy solutions since its inception. By offering eco-friendly energy storage solutions for both indoor and outdoor use, BLUETTI aims to provide exceptional experiences for our homes while also contributing to a sustainable future for our planet. This commitment to sustainable energy has helped BLUETTI expand its reach to over 100 countries and gain the trust of millions of customers worldwide.

CONTACT: pr@bluetti.com



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Innovusion Delivers 200,000 LiDAR Units, Driving the Industry with Unprecedented Growth

SUNNYVALE, CA, Nov 17, 2023 – (ACN Newswire) – Innovusion, a leading provider of high-performance LiDAR sensors and solutions, today announced that it has delivered 200,000 LiDAR units for vehicles cumulatively, achieving a significant milestone as the preeminent global leader in the LiDAR industry.

Innovusion is a rapidly growing player in the LiDAR space, holding the majority of LiDAR market share in 2022 for passenger cars and light commercial vehicles, according to Yole Intelligence’s Global Automotive LiDAR Market and Technology Report 2023. The company significantly outperformed Yole Intelligence’s projected forecast from the previous year and led both sales volume and revenue for the passenger car and commercial vehicle LiDAR market in 2022. This year, Innovusion has continued to lead large-scale delivery of LiDAR sensors through various partnerships with companies like automobile manufacturer NIO, which uses Innovusion’s automotive-grade product, Falcon, in eight models, including the ET7, ES7 and ET5.

The company’s production of 200,000 units in 2023 is a significant feat considering the challenges of large-scale mass production of high-performance LiDAR. Within the automotive sector, producers must pass extremely stringent requirements for product manufacturability, supply chain maturity, production cycle and reliability while maintaining precise assembly of optical instruments, orderly mass production at a fast pace and guaranteed product performance and yield rate. LiDAR is also susceptible to the challenges of many emerging fields in the automotive industry, such as low maturity of initial industrial chains, lack of large-scale industrial production capacity, difficulty in ensuring mass production landing, production consistency and quality control.

“We’re thrilled to have achieved this milestone of producing 200,000 LiDAR units this year,” said Junwei Bao, CEO and co-founder of Innovusion. “Innovusion is highly focused on enabling mass production while ensuring we create the highest quality sensors for our customers. We look forward to further advancing LiDAR functionality and facilitating safer, smarter and more efficient large-scale applications in the future.”

Pioneering Mass Production Through Forward-looking Design

Behind the delivery of a massive quantity of units lies a dedication to designing a comprehensive product matrix to meet the ever-evolving needs of customers in the automotive and ITS industries. Innovusion’s future-oriented product development is based on the real, complex needs of automotive manufacturers and traffic technologies providers. The company aims to continually solve customers’ core engineering problems, develop timely product improvements and explore innovative design solutions.

In 2021 Innovusion developed the world’s first automotive-grade high-performance LiDAR supply chain from scratch. At present, the company’s lightweight production line has achieved 90% automation, ensuring timely and efficient production. According to Yole Intelligence’s report, the demand for vehicle-based LiDAR is continuing to grow rapidly across the globe; market revenue is anticipated to rise to nearly $4.5 billion by 2028, up from $300 million in 2022. Innovusion’s annual production capacity is currently at over 300,000 units, and the company is planning new production lines to meet the market’s increasing demand.

Cementing Key Partnerships to Advance the LiDAR Industry

This year, Innovusion announced partnerships with several companies across the globe, including Wideye, Exwayz and D2 Traffic, to bring cutting-edge LiDAR to the automotive and ITS industries for safer and smarter transportation. The company has already been actively working with several other companies in the space, including NIO, TuSimple, EACON, Deepway, AUTRA TECH, and MOGO Auto. These collaborations have helped drive Innovusion’s growth and pursuit of advanced LiDAR solutions, and the company will continue to develop solutions that meet the unique needs of the industry.

About Innovusion

Innovusion is a leading global provider of image-grade LiDAR sensors that power a safer, smarter, and more mobile world across the automotive, intelligent transportation, rail and industrial automation industries. With R&D teams and automotive-grade manufacturing bases in both the USA and China, Innovusion’s portfolio of dynamic LiDAR solutions help transform communities with safer mobility in mind, deliver better autonomous driving experiences, and enable more accurate and efficient smart city development. Automotive-grade product, Falcon, has been a standard configuration of the Aquila system for 8 NIO models, including the ET7, ES7, and ET5 since 2022 and with 150,000+ units currently in use, continues to be mass produced as of today. For more information, please visit www.innovusion.com

Media Contacts

U.S. Media
Ken Bieber
PR@Innovusion.com

China Media
Echo Chen
echo.chen@cn.innovusion.com



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

TVS Motor Company Forges Strategic Partnership with Emil Frey for Key European Markets

SINGAPORE, Nov 17, 2023 – (ACN Newswire) – TVS Motor Company – a leading global automaker that operates in the two and three-wheeler segments – today announced its entry into Europe by signing an agreement for import and distribution with Emil Frey, a 100 year old enterprise and a leading name in automotive distribution.

This partnership signifies a significant step towards global expansion for TVS Motor Company, leveraging Emil Frey’s extensive distribution network and deep market insights in Europe. TVS Motor Company, known for its commitment to innovation and quality, is set to offer European customers a diverse range of high-performance and technologically advanced two-wheelers.

Lorenz Frey-Hilti, Director Emil Frey Group & Sudarshan Venu, Managing Director, TVS Motor Company announcing the partnership

Both TVS Motor Company and Emil Frey share a commitment to responsible and sustainable mobility and place a strong emphasis on delivering impeccable customer service and satisfaction. TVS Motor Company’s focus on providing cutting-edge and pioneering solutions, combined with Emil Frey’s deep ability to understand local customers and their evolving needs has helped create a unique DNA for this partnership, which will form a strong foundation for TVS Motor’s expansion in Europe.

Emil Frey is among the largest automobile importers and retailers in Europe, serving many leading automotive brands across the region. As part of this partnership, Emil Frey Group entities will take charge of the distribution of TVS products in selected countries, utilizing their Sales, Marketing, and Service networks. Among the TVS products being made available in Europe will be TVS Jupiter 125, TVS NTORQ , TVS Raider, TVS iQube S, TVS X, TVS Ronin, TVS Apache RR 310, and TVS Apache RTR 310.

TVS Motor products are already sold in 80+ countries spanning the geographies of Asia, Africa and Latin America. Exports comprise nearly 25% of the company’s business as of H1 FY 2023 – an endorsement of the company’s high quality, technologically superior offerings and its R&D capability.

Announcing the foray into Europe, Sudarshan Venu, Managing Director, TVS Motor Company said, “This strategic alliance with Emil Frey is a crucial step in our global expansion strategy. Europe will be a key market for us, and through this partnership, we aim to bring our cutting-edge products closer to European customers.In having a partner like Emil Frey, there is a coming together of two century old, pedigreed organisations, both driven by shared values of responsible and sustainable mobility and customer service. Together, we are excited to serve customers and two-wheeler aficionados in Europe and look forward to a successful partnership.”

Lorenz Frey-Hilti, Director Emil Frey Group said, “We take great pride in forging a robust and loyal partnership between our two esteemed traditional companies in the mobility sector. Together, we seamlessly blend heritage with innovation. I am very proud that TVS Motor Company is relying on our expertise in the European market and using our distribution network to bring their great products to customers. Our two companies complement each other perfectly and I look forward to seeing this partnership flourish.”

This partnership is based on the principles of trust, mutual respect and performance. The two companies plan to use their collaborative efforts to enter into distribution arrangements for select EU markets, prioritising countries with strong two-wheeler demand coupled with existing Emil Frey infrastructure and resources to build the distribution network. France will be the first country for the launch, where an entire suite of TVS Motor products including ICE and EV models will be made available starting January 2024, consequent to this agreement.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE:TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. For more information, please visit http://www.tvsmotor.com.

About Emil Frey Group

The Emil Frey Group, a family-owned leading player in the European automotive sector, has been a mobility specialist for almost 100 years. Founded in 1924 in Zurich, Switzerland, the Emil Frey Group has grown from a local company to an innovative mobility specialist offering a diverse portfolio of products and services to meet the evolving needs of its customers. Founded on the principle of always serving customers promptly and conscientiously, while remaining a modest specialist, the Emil Frey Group today counts more than 25,000 specialists in 19 European countries, dedicated to providing exceptional products and services to its customers. For more information, please visit http://www.emilfrey.ch.

For more information, please contact:

KS Harini: ks.harini@tvsmotor.com / Priyanka Kumar: Priyanka.kumar@tvsmotor.com 



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com