GPOPlus+ Announces Impressive Revenue Results

LAS VEGAS, NV, Aug 1, 2023 – (ACN Newswire) – GPOPlus+, (GPOX:US:OTC) a leading provider and distributor of products for convenience stores and specialty retailers, gas stations, smoke shops, has recently announced an impressive surge in revenues during the fourth quarter of the year. The company reported a staggering 320% increase in its financial performance, marking a significant milestone for the organization.

GPOPlus+ offers a unique technology driven direct store delivery model ("DSD") that is creating both significant increases in revenue as well as improved unit economics with greater efficiencies yielding higher margins. The Company has implemented this program successfully in an initial group 100 retail locations and in process rolling out to their entire retail base. A key component to the service is creating distribution "Mini Hubs" supported by a Regional Hub. Mini Hubs are typically supported by 1-2 drivers that provide fanatical support to a local market, servicing locations as much as once a week. GPOX has already announced the expansion of 5-6 Mini Hubs by year end. GPOX also enables businesses to leverage the power of group purchasing to obtain better pricing and terms for their procurement needs. By aggregating the purchasing power of multiple specialty retailers and other organizations, GPOPlus+ negotiates with suppliers to secure exclusive discounts and benefits for its customers/ retailer.

The remarkable growth in revenues during the fourth quarter can be attributed to several key factors. Firstly, GPOPlus+ has been successful in expanding its retail distribution base, resulting in a larger pool of purchasing volume, allowing the company to greatly expand its product offering and negotiate even more favorable deals with suppliers. The company's current focus is rolling out there "White Glove" DSD (Direct Store delivery) to the existing 470 stores where they see a 3x in sales per month per store from $580 to $2120 with new service equating to a $1500 difference per month per store. This provides an interesting upside opportunity as their top line growth is scaling via this initiative.

Additionally, GPOPlus+ has made significant investments in technology and infrastructure to enhance its platform's capabilities. The company has implemented advanced data analytics tools and streamlined its processes to provide retail partner with a seamless and efficient purchasing experience. These improvements have not only attracted new customers and an expanding retail distribution base but also increased engagement and satisfaction among existing ones. The company has focused on building strong relationships with suppliers, ensuring they understand the value proposition of partnering with the organization.

By demonstrating the potential for increased sales volume and long-term partnerships, GPOPlus+ has been able to secure more favorable pricing and terms from suppliers, ultimately benefiting its customers. This expanded distribution base has also allowed GPOX to develop several proprietary products , focusing on high margin CBD and Nutraceuticals. GPOX is also in process of launching direct to consumer on-line sales programs. The surge in revenues is a testament to the effectiveness of GPOPlus+'s business model and its commitment to delivering value to its retail partner s. By leveraging the collective buying power of its diverse membership base, the company has created a win-win situation for both buyers and suppliers.

For businesses, GPOPlus+ offers numerous advantages. It allows them to access a wide range of products and services at significantly discounted prices, resulting in substantial cost savings. GPOX analyses daily sales looking to optimize product offerings to maximize sales revenue focusing on highest performing movers. Increasing revenue for retail partners. Moreover, GPOPlus+ provides a streamlined procurement process, saving businesses valuable time and resources.

Suppliers, on the other hand, benefit from increased sales volume and exposure to a larger customer base. By partnering with GPOPlus+, suppliers can tap into new markets and expand their reach, ultimately driving growth for their own businesses.

Looking ahead, GPOPlus+ is poised for continued success and growth. The company plans to further expand its distribution base and strengthen its relationships with suppliers. Additionally, GPOPlus+ aims to enhance its platform's capabilities by incorporating emerging technologies such as artificial intelligence and machine learning, enabling even more efficient and personalized purchasing experiences for its retail partners. GPOX has developed a multi-site replication platform (MSRP) solution to maximize online sales. In essence a powerful backend engine supporting unlimited front end landing pages that become niche sales funnels for GPOX on-line product offerings. While still in a beta launch phase, this potentially could be a primary revenue driver for the Company.

In conclusion, GPOPlus+ has reported an impressive 320% surge in revenues during the fourth quarter, highlighting the effectiveness of its new white glove DSD model. By leveraging the collective buying power of its retail base and investing in technology and supplier relationships, GPOPlus+ has positioned itself as a leader in the industry. With its commitment to delivering value to both buyers and suppliers, GPOPlus+ is well-positioned for continued success in the future.

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About GPO Plus, Inc.

Headquartered in Las Vegas, Nevada, GPO Plus, Inc. (OTCQB:GPOX) is a publicly traded global holding company of industry-specific Group Purchasing Organizations (GPO). The main holdings are HealthGPO, a Group Purchasing Organization for the Healthcare industry, and cbdGPO, a Group Purchasing Organization for the CBD and Hemp industry.​

Media contact:
GPO Plus, Inc. (OTCQB:GPOX)
David Zazoff
dzazoff@mdmworldwide.com


Disclaimer:
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, including but not limited to statements made by the company. Statements that are not purely historical are forward-looking statements. The forward-looking statements contained herein are based upon our current expectations and beliefs regarding future events, many of which, by their nature, are inherently uncertain, outside of our control and involve assumptions that may never materialize or may prove to be incorrect. These may include estimates, projections and statements relating to our research and development plans, business plans, objectives and expected operating results, which are based on current expectations and assumptions that are subject to known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied by these forward-looking statements. These statements may be identified using words such as "may," "expects," "plans," "aims," "anticipates," "believes," "forecasts," "estimates," "intends," and "potential," or the negative of these terms or other comparable terminology regarding GPOPlus Inc. expectations strategy, plans or intentions, although not all forward-looking statements contain these words. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, that could cause actual events to differ materially from those projected or indicated by such statements. Forward-looking statements included herein are made as of the date hereof, and GPOP Plus Inc. does not undertake any obligation to update publicly such forward-looking statements to reflect subsequent events or circumstances, except as required by law.

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

Vasileios Mingos Joins Health-ISAC as European Operations Director

ORMOND BEACH, FL, Aug 1, 2023 – (ACN Newswire) – Health Information Sharing and Analysis Center (Health-ISAC) has announced Vasileios Mingos has joined the organization and will serve as European Operations Director. Mingos will oversee all Health-ISAC European Operations, the European Regional Threat Operations Center, and represent Health-ISAC throughout Europe.

In his role, Mingos will continue to expand a regional Health-ISAC presence in Europe by collaborating directly with member organizations, including some of the world's largest healthcare firms. In addition, he will develop and enhance partnerships with key regional stakeholders such as industry associations, government agencies, CERTs, and law enforcement.

"We are excited to bring Vasileios onboard for this important mission," says Denise Anderson, President and CEO of Health-ISAC. "He brings a passion as well as deep experience in healthcare cybersecurity to the position. Having him as part of the global team helps solidify Health-ISAC's commitment to securing healthcare globally and serving our members and the health sector in Europe."

Mingos has a strong background in building and leading information security teams since 2017 and his previous work experience includes developing and implementing Eurofins' Security Operations Center and Security Intelligence program in Europe.

ABOUT HEALTH-ISAC

Health-ISAC – a non-profit, private sector, member-driven organization – plays an essential role in providing situational awareness around cyber and physical security threats to the Healthcare Sector so that companies can detect, mitigate, and respond to ensure operational resilience. Health-ISAC connects thousands of healthcare security professionals worldwide to share peer insights, real-time alerts, and best practices in a trusted, collaborative environment. As the go-to source for timely, actionable, and relevant information, Health-ISAC is a force-multiplier that enables healthcare organizations of all sizes to enhance situation awareness, develop effective mitigation strategies and proactively defend against threats every single day.

Contact Information:
Julia Annaloro
Marketing and Communications II
contact@h-isac.org
+1-321-593-1470

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

Opgal, a World Leader in Optical Gas Imaging Solutions for the Oil and Gas Industry, Adds In-Camera Quantification Feature to Its Optical Gas Imaging Camera

Houston, TX, Aug 1, 2023 – (ACN Newswire) – Opgal, a world leader in Optical Gas Imaging solutions for the oil and gas industry, adds In-Camera quantification feature to its EyeCGas 2.0 Optical Gas Imaging Camera.

Opgal is announcing its added real time built in quantification as its latest addition to the EyeCGas 2.0 Optical Gas Imaging camera.

EyeCGas 2.0, is already the world's most technologically advanced OGI camera in the market. In addition, it's the only OGI camera in the market which provides software updates to its customers absolutely free of charge, without the need to purchase a new OGI camera. Now, with the addition of built-in real time quantification, it eliminates the need for third party quantification products, making LDAR inspections faster and more efficient.

"Our research and development experience in the past few years allowed us to better understand how to simplify the algorithm of our EyeCSite QOGI software on the tablet and move it into the camera without compromising the results; in fact, we were able to actually improve the accuracy." – Dr. Ram Hashmonay, Opgal Chief Innovation Scientist.

EyeCGas 2.0 is the world's most sensitive and durable handheld OGI camera. Detecting over 400 VOCs, Methane and CO2. EyeCGas 2.0 is Intrinsically Safe and complies with the EPA's "Quad Oa" (OOOOa) regulations. Using its wide range of features and functionalities, such as live streaming and replaceable spectral filters. It enables surveyors to scan large areas quickly and efficiently, and identify gas leaks while staying safe, allowing for quick repairs and reducing revenue loss.

"We are very excited to add this feature to our already technologically advanced OGI camera. This new feature will make LDAR inspections much more efficient than before, enabling leak surveyor to use less tools and be free to do more inspections with their time. Our motto is and will continue to be listening to our customers voices to strive our innovation." – Tsachi Israel, Opgal CEO

Opgal will hold a live webinar August 8th, 2023 called "The benefits of built-in OGI quantification", where we will go into details on this new innovation. Registration is available here: https://shorturl.at/jyzW2

To learn more about the EyeCGas 2.0, please visit www.opgal.com

About Opgal

Opgal is a global leader in cutting – edge optical gas imaging and environmental solutions. Since the development of the first EyeCGas OGI camera over 10 years ago, our product catalogue has increased to exceed the market requirements. With multiple solutions for all of the industries applications. Together with our partners and distributors in over 30 countries, we strive on taking our customers voices and turning it into innovations.

Contact Information
Ilana Fisher
Marketing Manager
info@opgal.com
97249953903

Related Files
ECG2 Product Highlights_V5.pdf https://cdn.newswire.com/files/x/8f/45/f4c333912d6580691f2ce4fa358b.pdf
Quantification_01.pdf https://cdn.newswire.com/files/x/2d/15/756aba36e380a6e856926f5bc54b.pdf

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

iTolerance, Inc. and Northway Biotech Announce Partnership Agreement for Manufacturing of Streptavidin-FasL Fusion Protein for Innovative iTOL-100 Immunomodulatory Technology

MIAMI, FL & VILNIUS, LITHUANIA, Aug 1, 2023 – (ACN Newswire) – iTolerance, Inc. ("iTolerance" or the "Company"), an early-stage regenerative medicine company developing technologies to enable tissue, organoid or cell therapy without the need for life-long immunosuppression, and Northway Biotech, an end-to-end biologics Contract Development and Manufacturing Organization (CDMO), today announced they have entered into a partnership agreement for the manufacturing of iTolerance's Streptavidin-FasL (SA-FasL) fusion protein, a crucial component of the proprietary iTOL-100 platform technology. The SA-FasL fusion protein has shown great potential in pre-clinical studies, establishing durable, localized immune tolerance and enabling implanted tissue, organoid, or cell therapy to function as a viable replacement for damaged native cells.

Under the terms of the agreement, Northway Biotech will leverage its expertise to develop a robust manufacturing process for the SA-FasL fusion protein. This involves producing a Master Cell Bank (MCB), developing and qualifying analytical methods, optimizing the formulation, development and scaling up of the production process, and manufacturing a cGMP drug substance batch for clinical studies.

"We believe this strategic partnership is not only a significant step for iTolerance, but also in developing advanced regenerative medicine technologies. We are incredibly delighted to establish this important partnership with Northway Biotech, a pre-eminent CDMO, to manufacture the clinical supplies necessary for our first in human clinical study for our lead program, iTOL-102," commented Dr. Anthony Japour, Chief Executive Officer of iTolerance. "We look forward to working closely with the Northway Biotech team to advance our iTOL-100 technology and progress towards providing treatment options that have the potential to cure diseases without the need for chronic immunosuppression."

"We are excited to be working with Northway Biotech on this critical component of our iTOL-100 technology. Northway has unique experience working with our cell line which we believe will accelerate our ability to prepare cGMP protein to support our planned first in human clinical study," added Dennis M. Hester, PhD, SVP of Chemistry, Manufacturing and Controls at iTolerance, Inc.

Prof. Vladas Algirdas Bumelis, Chief Executive Officer and Chairman of the Board at Northway Biotech expressed his enthusiasm, stating, "We are delighted to embark on this dynamic project focused on producing the SA-FasL fusion protein for iTolerance. We believe this partnership is an exciting development in the regenerative medicine field, and we are honored to play a role in advancing this important work. With a commitment to meeting contractual timelines, our primary objective is to ensure the punctual delivery of these crucial materials to our esteemed partners at iTolerance."

Andre Markmann, PhD, VP of Business Development at Northway Biotech, added, "The partnership with iTolerance has been smooth sailing from the start. We are pleased to commence this project built on mutual trust and a collaborative spirit that drives both companies to perform at the highest level and deliver exceptional results."

About iTOL-100

iTolerance's iTOL-100 immunomodulatory technology is a biotechnology-derived Streptavidin-FasL fusion protein, a synthetic form of the naturally occurring protein FasL, mixed with a biotin-PEG microgel (SA-FasL microgel) that potentially allows convenient and effective co-administration with implanted cells or organoids to induce local immune tolerance without the need for life-long immunosuppression. This proprietary technology has broad applicability and can be applied to allogenic and stem cell-derived organoids across several diseases.

About iTolerance, Inc

iTolerance is an early-stage privately-held regenerative medicine company developing technologies to enable tissue, organoid or cell therapy without requiring life-long immunosuppression. Leveraging its proprietary biotechnology-derived Streptavidin-FasL fusion protein/biotin-PEG microgel (SA-FasL microgel) platform technology, iTOL-100, iTolerance is advancing a pipeline of programs using both allogenic pancreatic islets and stem cells that have the potential to cure diseases. The Company's lead program, iTOL-102, leverages significant advancements in stem cells to derive pancreatic islets, which allows an inexhaustible supply of insulin-producing cells. Utilizing iTOL-100 to induce local immune tolerance, iTOL-102 has the potential to be a cure for Type 1 Diabetes without the need for life-long immunosuppression. Additionally, the Company is developing iTOL-201 for treating liver failure by utilizing hepatocytes and iTOL-401 as a nanoparticle formulation for large organ transplants without the need for life-long immunosuppression. For more information, please visit www.itolerance.com.

About Northway Biotech

Northway Biotech is a leading contract development and manufacturing organization (CDMO) supporting customers worldwide. Its highly experienced, professional team executes projects at any stage, from cell line construction and process development to cGMP manufacturing of biopharmaceutical products. The company's wide-ranging expertise and vertically integrated service offering translate to the ability to rapidly execute multiple projects from its state-of-the-art GMP facilities while ensuring complete process and product compliance at all stages of research, development and commercial manufacturing. Northway Biotech is a privately owned company founded in 2004 and located in Vilnius, Lithuania, London, United Kingdom, and Waltham, MA, US. Further information can be found on Northway's website at www.northwaybiotech.com.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. When used herein, words such as "anticipate", "being", "will", "plan", "may", "continue", and similar expressions are intended to identify forward-looking statements. In addition, any statements or information that refer to expectations, beliefs, plans, projections, objectives, performance or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking.

All forward-looking statements are based upon iTolerance's current expectations and various assumptions. The Company believes there is a reasonable basis for its expectations and beliefs, but they are inherently uncertain. The Company may not realize its expectations, and its beliefs may not prove correct. Actual results could differ materially from those described or implied by such forward-looking statements as a result of various important factors, including, without limitation, anticipated levels of revenues, future national or regional economic and competitive conditions, and difficulties in developing the Company's platform technology. Consequently, forward-looking statements should be regarded solely as the Company's current plans, estimates and beliefs. Investors should not place undue reliance on forward-looking statements. The Company cannot guarantee future results, events, levels of activity, performance or achievements. The Company does not undertake and specifically declines any obligation to update, republish, or revise any forward-looking statements to reflect new information, future events or circumstances or to reflect the occurrences of unanticipated events, except as may be required by law.

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

iTolerance Contacts:
Investor Contact
Jenene Thomas
Chief Executive Officer
JTC Team, LLC
T: 833.475.8247
iTolerance@jtcir.com

Media Contact
Susan Roberts
T: 202.779.0929
sr@roberts-communications.com

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

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

Ministries and GAT International Unite to Drive Sustainable Energy at SETA 2023 and Solar+Storage Asia 2023 in Asia, Aligning with Thailand’s Carbon Neutrality Goals

BANGKOK, Aug 1, 2023 – (ACN Newswire) – The Ministry of Energy of Thailand, the Ministry of Transport of Thailand, the Ministry of Higher Education, Science, Research and Innovation, the Ministry of Digital Economy and Society of Thailand, the Ministry of Public Health, and Trade and Industry of Japan, in collaboration with GAT International Co., Ltd., will organize the executive-level forum "Sustainable Energy Technology Asia-SETA 2023" and "Solar+Storage Asia-SSA 2023" in the field of energy in Asia. The event will be held under the theme "Driving Asia's Energy Transition Pathways to Carbon Neutrality" aligning with Thailand's goal of achieving carbon neutrality by 2050 and net-zero greenhouse gas emissions by 2065.

This year, the format of the event will be transformed into the Executive Asian Energy Leadership Forum, targeting energy industry executives, state-owned enterprises in the electricity sector, and large-scale power plant construction companies (EPC) with over 1,000 participants. The forum aims to showcase visions and exchange perspectives on the energy industry, facilitate business networking and negotiations, increase investment opportunities, and attract funding for sustainable energy projects. The event responds to the opening of countries following the easing of concerns related to the COVID-19 pandemic.

High-level energy executives expected to participate in the event include ministers from the Ministry of Economy, Trade and Industry of Japan and several energy, economy, and natural resources ministries in ASEAN countries such as Thailand, Singapore, Indonesia, Malaysia, Vietnam, and Laos. The event anticipates data exchange and presentations by international experts from the public and private sectors on various topics, including carbon reduction policies, carbon trading opportunities and challenges, long-term carbon trade relationships, carbon capture and utilization strategies, and ASEAN network integration for sustainable carbon and future energy directions. The focus will be on solar energy and energy storage businesses, which are experiencing rapid growth and development.

Additionally, the event will feature a variety of academic seminars, inviting over 100 leading energy industry experts and speakers from around the world to share visions and provide in-depth information on key topics. This aims to prepare participants to address sustainability challenges. The seminars include the Solar+Storage Forum, which focuses on the latest solar energy technology and innovation trends in Thailand and ASEAN markets, the High-level Hydrogen, Ammonia, and Downstream Options Forum, organized by the Ministry of Economy, Trade and Industry of Japan and the Embassy of Japan in Thailand, to explore the role of hydrogen and ammonia technologies in transitioning to sustainable energy systems. The Mobility Forum will provide insights and updates on the latest trends in electric vehicle development, battery technology, electric vehicle charging stations, electric vehicle-grid integration, autonomous driving, and other future mobility solutions for sustainable transportation.

The Advanced Energy Technology & Digital Power Forum, organized by leading global technology companies and energy institutions, will focus on exchanging perspectives on advanced energy technology usage to create low-carbon societies. The Circular Economy Forum, a prominent platform in Asia, will bring together policymakers, business leaders, and experts from around the world to discuss the principles and practices of the circular economy to promote a transition towards a sustainable future.

Furthermore, during the SETA Energy Award 2023 Night, which is an Executive Event, the SETA Energy Award 2023 will be presented. This prestigious international recognition honors individuals and businesses that are leading the way in driving innovation in the energy and electricity sectors. The award serves to acknowledge their significant contributions to advancing energy technology and promoting electricity reform.

The award categories include:
1. Energy Revolution
2. Circular Economy and Resource Management
3. Carbon Reduction
4. Clean Power Plant of the Year
5. Transmission & Distribution Networks
6. Smart Grid
7. Energy Storage
8. Green Building and Architecture
9. Zero Emission Mobility
10. Energy Leadership Executive of the Year

During the event, participants will have the opportunity to engage in Business Matching activities, expanding their business networks while gaining in-depth energy insights from global industry speakers and participants. Prominent attendees include energy executives from international organizations such as the International Energy Agency (IEA), the World Energy Council, the World Bank, PTT Group, EGAT, PEA, MEA, TNB, ENEAC, Singapore Power, ACE, and the Asian Development Bank (ADB), as well as top executives from industry leading companies such as JERA, TEPCO, Mitsubishi Power, and Saudi Aramco.

Additionally, the Thailand-Korea Energy Week will run parallel to SETA 2023 and Solar+Storage
Asia 2023, providing further opportunities for business negotiations and partnerships with energy industry players from Korea.

To register for the event and explore more details, please visit: www.zipeventapp.com/e/SETA-2023-SSA-2023

For additional information, please visit the official websites: www.SETAasia.com and www.SolarStorageAsia.com

About SETA

SETA (Sustainable Energy Technology Asia) is a recognized and supported platform by energy policymakers in Asia and the Ministry of Energy in Thailand. It serves as a platform to listen to perspectives and reflections from all energy sectors at the regional and international levels. SETA covers a diverse range of topics, from energy policy formulation to energy usage, presenting in-depth discussions and insights.

It is the largest energy event in ASEAN and connects people in the energy industry, facilitating the transition towards the future of the energy sector.

About Solar+Storage Asia

Solar+Storage Asia (SSA) is a newly established event platform to accommodate the rapid expansion of the solar energy market and energy storage systems, as well as the increasing energy demands.

It showcases various technologies and solutions and is one of the largest and newest solar energy exhibitions in Asia.

For further information, please contact:

Lili Geng
Project Manager
Email: Lili@gat.co.th

Pornpatsorn Chumpol
PR & Marketing Executive Officer
Email: pr@gat.co.th
Phone: +66 94 570 1820

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

New Premium Application Centre for UK Student Visas Opens at Sunway Resort Hotel in Selangor

KUALA LUMPUR, MALAYSIA, Aug 1, 2023 – (ACN Newswire) – VFS Global, the world's largest outsourcing and technology services specialist for governments and diplomatic missions, entered into a strategic partnership with the Sunway Resort Hotel in Selangor, Malaysia. Through this alliance, VFS Global aims to offer UK student visa services through its UK Premium Application Centre at the Sunway Resort Hotel in Selangor.

UK student visa customers can now book appointments at the Premium Application Centre to submit their applications and enrol biometrics. This partnership will provide customers residing in and around Selangor with a new location option in addition to the existing free-to-use Visa Application Centres located in Jalan Ampang, Kuala Lumpur.

This is a premium location for customers wishing to apply for their visa in the ambience and comfort of a 5-star hotel. There is a fee of MYR 250 to apply at this location, which includes courier and SMS updates. The fee for this service must be paid online while booking your appointment, before attending the Visa Application Centre.

Jeanne Chan, Director of Commercial, Sunway Resort Hotel, said, "We are delighted to partner with VFS Global for a strategic initiative that offers convenience to UK student visa applicants at our hotel. Through the opening of this new visa centre, we look forward to extending the warm hospitality and exceptional services of the Sunway Resort Hotel and providing customers with convenient access to plan their international travel."

Kaushik Ghosh, Head ? Australasia, VFS Global, said, "The partnership with the Sunway Resort Hotel in Selangor provides additional and conveniently located touchpoints to our customers. UK student visa customers will continue to enjoy the same comfort, convenience, and best-in-class services at this new location that they do at our Visa Application Centres, as well as experience the comfort and hospitality offered by the Sunway Resort Hotel."

VFS Global has enjoyed a long-standing relation with UK Visas and Immigration (UKVI) in Malaysia since 2004, offering UK visa services through centres in Kuala Lumpur.

For more information, please visit https://visa.vfsglobal.com/mys/en/gbr.

Student visa applications from Malaysia in 2022 rebounded to pre-pandemic levels, reiterating early recovery in international travel. According to VFS Global, student visa application in 2022 were 4% higher than the volumes in 2019. Applications were 38% higher in comparison to 2021 as many international borders were closed with pandemic-induced travel restrictions and international university campuses operated hybrid schedules.

More than 7,220 Malaysian nationals were issued a Student visa to study in the UK in 2022 (www.gov.uk/government/statistics/immigration-system-statistics-year-ending-december-2022), just shy of pre-pandemic numbers in 2019. Given the travel restrictions in 2020 and 2021, the number of visas issued in this category in 2022 rose by 3,000 and 500, respectively.

About VFS Global

VFS Global is the world's largest outsourcing and technology services specialist for governments and diplomatic missions. VFS Global is the trusted partner of 68 client governments, operating a global network with more than 3,300 Application Centres in 145 countries. The company has processed over 264 million applications since its inception in 2001. The company manages non-judgmental and administrative tasks related to applications for visa, passport, and consular services for its client governments, enabling them to focus entirely on the critical assessment task. VFS Global has its headquarters in Zurich/Switzerland and Dubai/United Arab Emirates.

VFS Global is majority-owned by funds managed by Blackstone, the world's largest alternative asset manager. Blackstone seeks to create positive economic impact and long-term value for their investors, the companies in which they invest, and the communities in which they work. Blackstone's USD 991 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets, and secondary funds, all on a global basis.

The Swiss-based Kuoni and Hugentobler Foundation and EQT, a global investment organisation, headquartered in Stockholm/Sweden, hold minority stakes in VFS Global.

Media Contact
PRecious Communications
Sharifah Nurafiqah Jamalaulil
+6013 221 7269
sharifah@preciouscomms.com

Abdul Azim
+60106539949
azim@preciouscomms.com

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

KGW Group Berhad Debuts on ACE Market

KUALA LUMPUR, MALAYSIA, Aug 1, 2023 – (ACN Newswire) – KGW Group Berhad, a logistics services provider offering ocean freight services, air freight services and freight forwarding services as well as warehousing and distribution of healthcare-related products and devices, debuted today on the ACE Market of Bursa Malaysia Securities Berhad, opening at RM0.23 per share which represents a premium of 9.5% over the initial public offering (IPO) price of RM0.21 per share.


KGW is listed under the stock name of "KGW" with stock code of "0282".

KGW is an award-winning and asset-light logistics services provider specialising in managing and coordinating the movement of goods within the supply chain. KGW is supported by three subsidiaries, namely KGW Logistics (M) Sdn Bhd ("KGW Logistics"), Mattroy Logistics (Malaysia) Sdn Bhd ("Mattroy Logistics"), and KGW Medica Sdn Bhd ("KGW Medica"). KGW Logistics focuses on shipping cargo to and from the United States, which is KGW's largest market whereas Mattroy Logistics handles shipments to and from other regions of the world. Meanwhile, KGW Medica specialises in warehousing and distribution of healthcare-related products and devices.

The Group raised a total of RM16.73 million through the IPO, from which RM10.00 million of the proceeds is allocated to repay bank borrowings in relation to the purchase of a freehold three-storey office building with an annexed two-storey warehouse located at Glenmarie, Shah Alam ("Target Property"). RM2.00 million is allocated for the renovation of the Target Property. RM0.73 million of the proceeds will be used for working capital purposes while the remaining RM4.00 million is allocated for listing expenses.

Independent Non-Executive Chairwoman of KGW, Yang Mulia Tengku Faizwa Binti Tengku Razif said, "I would like to thank the entire KGW team and the IPO DDWG team for their hard work and diligence in bringing the Group to today's listing. On behalf of KGW, we would also like to extend our appreciation to customers, business partners and suppliers who have supported us over the years."

Managing Director of KGW, Dato' Roger Wong said, "This is a significant milestone for the Group and evidence of how far we have come as a business to be a leading provider of logistics services in Malaysia. Through this listing, we have not only cemented our success, but we will continue to build on what we have to bring more value to our stakeholders."

According to the independent market research report in the KGW's prospectus, the Group generated revenue of RM228.0 million from its involvement in the Malaysian logistics industry, equivalent to 0.37% share of the total market size (GDP) of the logistics industry in Malaysia of RM62.20 billion in 2022.

The report noted that the Malaysian logistics industry is projected to reach RM66.25 billion in 2023 and grow to RM87.57 billion in 2027, expanding at a CAGR of 7.1% for the forecast period. In particular, the warehouse and storage market in Malaysia is forecast to reach RM2.58 billion in 2023 and expand at a CAGR of 8.2% to RM3.59 billion in 2027.

TA Securities Holdings Berhad is the Principal Adviser, Sponsor, Underwriter and Placement Agent for the IPO while Eco Asia Capital Advisory Sdn Bhd is the Financial Adviser for the IPO.

KGW Group Bhd: https://www.kgwlogistics.com/

Images
Caption (L-R):
Ms. Kelly Neng, Director of Eco Asia Capital Advisory Sdn Bhd
Mr. Kelvin Khoo, Managing Director of Eco Asia Capital Advisory Sdn Bhd
Datuk Hamzah Bin Mohd Tahir, Executive Director of Dealing of TA Securities Holdings Berhad
Mr. Lean Sze Yau, Independent Non-Executive Director of KGW Group Berhad
Dato' Roger Wong, Managing Director of KGW Group Berhad
Tengku Faizwa Binti Tengku Razif, Independent Non-Executive Chairwoman of KGW Group Berhad
Ms. Lim Joo Seng, Independent Non-Executive Director of KGW Group Berhad
Ms. Lee Li Choon, Independent Non-Executive Director of KGW Group Berhad
Ms. Cheok Hui Yen, Executive Director/ Chief Operating Officer of KGW Group BerhadMr. Ku Mun Fung, Head of Corporate Finance of TA Securities Holdings Berhad
( https://photos.acnnewswire.com/tr:n-650/20230801.KGW1.jpg )

Caption (L-R):
Dato' Roger Wong, Managing Director of KGW Group Berhad
Tengku Faizwa Binti Tengku Razif, Independent Non-Executive Chairwoman of KGW Group Berhad
Ms. Lim Joo Seng, Independent Non-Executive Director of KGW Group Berhad
Ms. Cheok Hui Yen, Executive Director/ Chief Operating Officer of KGW Group BerhadMs. Lee Li Choon, Independent Non-Executive Director of KGW Group Berhad
Mr. Lean Sze Yau, Independent Non-Executive Director of KGW Group Berhad
( https://photos.acnnewswire.com/tr:n-650/20230801.KGW2.jpg )

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

Clare Bloomfield Appointed Chief Policy Officer for the Asia Video Industry Association

Singapore, Aug 1, 2023 – (ACN Newswire) – The Asia Video Industry Association (AVIA) has appointed Clare Bloomfield as its new Chief Policy Officer (CPO), with immediate effect.
Clare Bloomfield



Bloomfield has been with the team since 2017 as Director, Policy & Research, and more recently as Acting CPO, helping to develop and execute policy initiatives relevant to the video industry, in consultation with and on behalf of AVIA member companies.

In her new role, Bloomfield will spearhead AVIA's policy unit, working with members to set the policy strategy and represent and engage in constructive dialogue with governments and regulators around the region so they may better understand the curated video industry and foster an environment of support for the growth of the industry.

"I am delighted to confirm Clare Bloomfield as our new Chief Policy Officer. I have worked with Clare throughout my time at AVIA and I have great respect for her acumen and understanding of the issues faced by our rapidly changing industry, as well as clear and practical ideas as to how best advocate for what is needed to safeguard its future development and prosperity. I look forward to continuing this journey with her as I am sure do our member companies," said Louis Boswell, CEO, AVIA.

Prior to joining AVIA, Bloomfield has previously worked as a UK diplomat. Her postings included Hong Kong, Washington DC, Slovakia, Ghana and Pakistan.

About the Asia Video Industry Association

The Asia Video Industry Association (AVIA) is the trade association for the video industry and ecosystem in Asia Pacific. It serves to make the video industry stronger and healthier through promoting the common interests of its members. AVIA is the interlocutor for the industry with governments across the region, leads the fight against video piracy through its Coalition Against Piracy (CAP) and provides insight into the video industry through reports and conferences aimed to support a vibrant video industry.

For media enquiries and additional background please contact:

Charmaine Kwan
Head of Marketing and Communications
Email: charmaine@avia.org
LinkedIn: www.linkedin.com/company/asiavideoia | Twitter: @AsiaVideoIA

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

Etching a New Chapter Enterprise AI Solution in the APAC region

Trescon is set to organize the 42nd edition of World AI Show, a global platform showcasing the latest trends and innovations in enterprise AI solutions. This highly anticipated event will be held on 2-3 August 2023 at the prestigious Marina Bay Sands Expo and Convention Centre in Singapore, bringing together IT Heads and business leaders from enterprises and governments across the APAC region.

SINGAPORE, Aug 1, 2023 – (ACN Newswire) – Home to a thriving innovation hub, Singapore is all set to host the 42ndedition of the World AI Show, organised by Trescon. The globally recognized event is set to highlight the latest trends and innovations in enterprise AI solution from top tech leaders, enterprises and governments from the APAC region.

The rapid adoption of AI-based solutions is transforming the APAC region’s technological landscape. Singapore’s robust technological infrastructure and driven initiatives are driving AI-based technologies into the mainstream. In line with its National AI Strategy, Singapore recently launched the Artificial Intelligence Government Cloud Cluster to help accelerate AI adoption while underscoring the advantages offered by this emerging technology.

With an aim of creating an environment of collaboration and fostering knowledge exchange, World AI Show – Singapore promises to unveil the future of AI and its various applications. The event will serve as a platform for global thought leaders, industry experts, innovators and AI enthusiasts to come together, share insights and explore cutting-edge AI solutions. Attendees will gain invaluable knowledge through keynote presentations, enterprise use-case discussions, panel sessions, and interactive tech talks. The event will also facilitate business networking opportunities, enabling participants to connect with like-minded professionals and forge partnerships to accelerate AI adoption within their organisations.

The latest edition of this prestigious event taking place in Singapore cements its position as a global gathering of AI experts, government officials, and industry leaders. Featuring thought-provoking discussions on the latest trends, challenges, and opportunities in AI, the event will equip attendees with practical strategies and valuable insights. The exhibition floor will showcase the most innovative AI solutions allowing participants to experience first-hand how AI is reshaping the technological landscape across industry verticals.

Expressing his excitement about the upcoming edition of the World AI Show, Naveen Bharadwaj, Group CEO, Trescon said, “World AI Show is a premier platform that brings together global AI experts, government officials, and industry leaders to share their groundbreaking ideas and help unlock the untapped potential of enterprise AI.” He further added, “Singapore’s dynamic technological landscape and strategic location in the APAC region made it a natural choice for us to host the 42nd edition of the event. We are looking forward to the groundbreaking discussions and witness firsthand the remarkable potential of AI in enterprise solutions.”

Notable speakers attending the event include:

  • Dennis Lui, Chief Executive, VITAL (Ministry of Finance)
  • Sachin Tonk, Deputy Chief Data Officer, Data Science & Artificial Intelligence Division, GovTech Singapore
  • Lee Wan Sie, Director (Trusted AI and Data), Infocomm Media Development Authority (IMDA)
  • Dr James Ong, Founder & Managing Director, Artificial Intelligence International Institute (AIII)
  • Bala Chandrasekaran, Managing Director-Digital Strategy & Transformation and Chief Digital Officer – Asia, Marsh McLennan
  • Jeannette Pang, Managing Director, Head of Product Pricing, Billing & Cash Data Analytics, Standard Chartered Bank
  • A/Prof. Eric Wong, Group Chief Data & Strategy Officer (GCDSO), National Healthcare Group, Singapore
  • Miao Song, Global Chief Information Officer, GLP
  • Ngiam Kee Yuan, Group Chief Technology Officer, National University Health System (NUHS) Singapore
  • Ram Thilak Prem Kumar, Group Head – Data Science & AI, Inchcape plc
  • James Ang, SVP APAC, Dataiku
  • Saurabh Jha, Senior Vice President & Global Head of Data & Analytics, Tech Mahindra
  • Hussain Boltwala, Director- Data Analytics, ASEAN, Altair
  • Adrien Chenailler, Head of Data Science, OCBC Bank
  • Daniel Ting, Director, AI Office, Singhealth
  • Andy Ta Wee An, Chief Data Officer & Director, Data Analytics & AI (DNA), Synapxe
  • Madhan Seduraman, Deputy Vice President, AI and Automation, Prudential Singapore
  • Dr Adam Chee, Chief, Smart Health Leadership Centre, National University of Singapore
  • Jenny Tan, President, ISACA SG Chapter
  • Sudesh Kumar, Chief Digital Officer, Hello Health Group
  • Jeffrey Lim, Director, Joyce A Tan & Partners LLC

One of the key speakers at the show Miao Song, Global Chief Information Officer, GLP, said, “AI is the most promising yet controversial technology in this modern world. Adopting AI in the right way will only help us to grow our businesses and create a positive impact on humankind. I look forward to sharing best practices and take part in in-depth discussions in the upcoming World AI Show in Singapore.”

Sudesh Kumar, Chief Digital Officer, Hello Health expressed his excitement about the show saying, “Witness the future at World AI Show, where global innovators unite to unveil ground-breaking advancements, fostering a world where artificial intelligence transcends human potential and creates limitless possibilities.”

The World AI Show – Singapore is supported by:

Get ready to join the brightest minds from the AI community at the Marina Bay Sands Expo and Convention Centre in Singapore on 2nd-3rd August 2023. Deep dive into the world of AI as your forge partnerships and gain actionable insights at the World AI Show – Singapore. For further information, visit: www.worldaishow.com

About Trescon

Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership.

Our summits, expos, and conferences create real economic impact by connecting and empowering the key ecosystem of government organisations, regulators, enterprises, corporates and more. With the help of our 250+ employees across offices in 6 countries, several of our clients have quadrupled their leads, shortened sales cycles by half or less, entered markets three times faster, closed deals within unimaginable timelines and grown their businesses ultimately. For more information about Trescon visit: www.tresconglobal.com.

For further details about the announcement, please contact:
Nupur Aswani
Head – Media, PR and Corporate Communications, Trescon
+91 95559 15156 | media@tresconglobal.com



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

A New Era in CX: Driving Business Growth

SINGAPORE, Aug 1, 2023 – (ACN Newswire) – The World CX Summit, organized by Trescon, set to be hosted in Singapore on 2nd-3rd August 2023 at Marina Bay Sands Expo and Convention Centre. The Summit will bring together leading technology mavens, CX specialists and innovators to share their actionable insights and talk about successful use cases that are redefining the CX space.

Over the past few years, businesses have pivoted their attention towards providing their customers with an immersive experience. Customer experience has played a critical role in changing the way businesses operate. Today, they consider the customer feedback as an integral part of their revenue model.

As per a recent Grand View Research study, the customer experience management market segment is expected to expand at a compound annual growth rate of 18.1% from 2022 to 2030. With the increasing competition, brands today are digitizing their operations and integrating their operations with artificial intelligence and emerging technologies.

The Asia-Pacific market continues to expand with growing awareness regarding conversational AI. According to a Research Dive report, the conversational AI market is forecasted to generate a revenue of US$ 3.022.4 million by 2028. This is attributed to the favorable government regulations and advanced ICT infrastructure in countries such as Singapore, India and Japan.

The summit will help accelerate the digital transformation of the economy by driving topics such as conversational AI & chatbots, enabling omni-channel customer communication, digital experience platforms and much more.

Naveen Bharadwaj, CEO of Trescon, highlighted the importance of the event, stating “Majority customers today are either digital natives or tech savvy and expect services to be delivered via omni-channels, available at their fingers tips anywhere, anytime and their overall experience has to be seamless. Our World CX Summit in Singapore will help businesses create unique CX strategies powered by emerging technologies to enhance customer satisfaction, attract more customers and become dominant customer-centric brands.”

The World CX Summit is co-located alongside the 42nd global edition of the World AI Show and the 25th global edition of the World Blockchain Summit in Singapore.

The summit offers a wide spectrum of expert speakers and panelists such as:

  • Guillermo Arbeiza, Chief customer officer, Singlife with Aviva.
  • Achint Setia, Chief Revenue and Marketing Officer, Zalora.
  • Anna Znamenskaya, Chief Marketing Officer, foodpanda.
  • Nikki Taylor, Marketing Growth Strategy Director AMEA, UPS.
  • Denise Miura, Geo Vice President, APAC, Medallia
  • Raymond Tan, Assistant Commissioner, Taxpayer eXperience Division; Quality Service Manager, Inland Revenue Authority of Singapore (IRAS)
  • Vineet Sharma, Chief Operations Officer, Pizza Hut South Asia – Yum! Brands
  • Jana Marle-Zizkova, Co-founder & CEO, She Loves Data
  • Pavel Bulowski, Co-founder, She Loves Data
  • Sachin Sharma, Chief Product & Commercial Officer, Standard Charted nexus
  • Lino Ahlering, Group Chief Customer Officer, Daraz (Alibaba Group)
  • Natalia Goh, Chief Operating Officer, Trust Bank
  • Pamela Choong, Head of Customer Experience, JTC Corporation
  • Vikrama Dhiman, Head of Mobility Products, Gojek
  • Katja Forbes, Head of Client Experience CCIB, Standard Chartered Bank
  • Soo Huat Chew, Head, Biz Initiative and Enablement, DBS MidCap/SME
  • · Natalia Goh, Chief Operating Officer, Trust Bank.

The 9th global edition of the World CX Summit is supported by:

About the World CX Summit

World CX Summit is a thought-leadership-driven, business-focused, global series of events that takes place in strategic locations across the world.

As a part of the world tour, this Singapore edition is gathering pre-qualified CX leaders, Marketers and tech experts under one roof to discuss how the latest technologies and customer insights can be combined to change CX as we know it.

The summit is hosting a combination of insightful sessions, keynotes, case studies and panel discussions sure to deliver actionable insights that attendees can apply to their Customer Experience strategies.

For more information, visit: https://bit.ly/3CJGNv6

About Trescon

Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership.

Our summits, expos, and conferences create real economic impact by connecting and empowering the key ecosystem of government organisations, regulators, enterprises, corporates and more. With the help of our 250+ employees across offices in 6 countries, several of our clients have quadrupled their leads, shortened sales cycles by half or less, entered markets three times faster, closed deals within unimaginable timelines and grown their businesses ultimately. For more information about Trescon visit: www.tresconglobal.com.

For further details about the announcement, please contact:
Nupur Aswani
Head – Media, PR and Corporate Communications, Trescon
+91 95559 15156 | media@tresconglobal.com



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