Princeton Digital Group Announces a $150 Million New Data Center in Indonesia

JAKARTA, Aug 25, 2021 – (ACN Newswire) – Singapore-based Princeton Digital Group (PDG), Asia's leading data center provider, today announced plans for a greenfield development in Jakarta, Indonesia, as part of PDG's plan to expand its footprint to serve its customers' needs in the booming Indonesian digital economy. With 19 data centers across 5 countries PDG has built an unrivalled footprint in less than 4 years since its inception. The company recently announced an investment of USD 1 billion to open a 100 MW flagship data center campus in Japan.

The new 22MW data center, to be named Jakarta Cibitung 2 (JC2), is being built within the same 19,550m2 campus that houses PDG's existing data center JC1. This expanded campus of 35MW is well-poised to serve global cloud companies, domestic internet companies and enterprises with unmatched scalability, connectivity and reliability.

The greater Jakarta area is experiencing increasing adoption of cloud-based services, among consumers, businesses and government. Indonesia is also home to some of the fastest-growing start-up companies of SE Asia.

"The Asia Pacific region is set to be the largest data center market in the world, and this announcement underscores our vision to be the market leader in this region," said Rangu Salgame, Chairman and CEO of Princeton Digital Group. "Over the last four years, through our unique three-pronged strategy of acquisitions, carve-outs and greenfield development, we've built a strong portfolio of data centers across key Asian markets such as China, Singapore, Indonesia, India and Japan. PDG has become a partner of choice for hyperscalers across multiple countries. PDG's growth in Indonesia demonstrates our continued ability to expand rapidly in markets that matter to our customers.

"Jakarta is an exciting market, Cibitung being the pre-eminent cloud cluster in the region. With the expanded campus, PDG has become a significant player in the Indonesian market. With the explosive economic growth and rapid digitalization by both government and private sectors in Indonesia, the market is core to PDG's strategy," added Stephanus Tumbelaka, PDG's Managing Director of Indonesia.

According to Structure Research, the Jakarta data center colocation market is still developing, and the sector is expected to grow at a five-year CAGR of 23.7% through 2025. Jakarta is going to be a hyperscale market sooner than later.

About Princeton Digital Group

Princeton Digital Group (PDG) is a leading investor, developer and operator of Internet infrastructure. Headquartered in Singapore with presence and operations in China, Singapore, India, Indonesia, and Japan, its portfolio of data centers power the expansion of hyperscalers and enterprises in the fastest growing digital economies across Asia. For more information, visit www.princetondg.com

Media Contacts
Princeton Digital Group
Grace Chen
PR@princetondg.com

PRecious Communications for Princeton Digital Group
PDG@preciouscomms.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Omar Choucair, Trintech CFO, Accepted into Forbes Finance Council

DALLAS, TX / ACCESSWIRE, Aug 24, 2021 – (ACN Newswire) – Trintech, a leading global provider of integrated Record to Report software solutions for the Office of Finance, today announced its CFO, Omar Choucair, has been accepted into Forbes Finance Council, an invitation-only community for executives in accounting, financial planning, wealth and asset management, and investment firms.

Choucair was vetted and selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors.

"We are honored to welcome Omar into the community," said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Finance Council. "Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world."

As an accepted member of the Council, Omar has access to a variety of exclusive opportunities designed to help him reach peak professional influence. He will connect and collaborate with other respected local leaders in a private forum. Omar will also be invited to work with a professional editorial team to share his expert insights in original business articles on Forbes.com, and to contribute to published Q&A panels alongside other experts.

"This is a critical time for CFOs across the business spectrum – our role is evolving at a breakneck pace, and I can't think of a better community with whom to ideate on what the future can and should look like," Choucair says. "I'm excited to join the Forbes Finance Council and share insights around industry trends I'm involved in firsthand with our clients, like digital transformation in the Office of Finance, challenges and opportunities around a hybrid workplace and emerging cybersecurity best practices."

Omar has over 20 years of experience leading both the financial and administrative organizations for public and private software/services companies. He managed several companies who experienced significant revenue and cash flow growth through both organic and acquired assets. Additionally, he has completed numerous M&A transactions as well as managed public and private equity/debt financings.

Prior to joining Trintech, Omar was the CFO of Multiview, a Warburg Pincus-backed B2B software platform providing marketing services to over 17,000 B2B customers in North America. Omar also served as the CFO of DGFastchannel/Sizmek (NASDAQ: SZMK), a B2B software platform delivering mission-critical media content. Additionally, he served as the VP Finance for AMFM, Inc (NASDAQ:AMFM), one of the largest U.S. radio holding companies which was ultimately acquired by Clear Channel Communications. Omar began his career as a CPA at KPMG, where he managed publicly traded large multi-national services and technology company audits over a period of ten years.

About Forbes Councils

Forbes Councils is a collective of invitation-only communities created in partnership with Forbes and the expert community builders who founded Young Entrepreneur Council (YEC). In Forbes Councils, exceptional business owners and leaders come together with the people and resources that can help them thrive.

For more information about Forbes Finance Council, visit forbesfinancecouncil.com. To learn more about Forbes Councils, visit forbescouncils.com.

About Trintech

Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

Media Contact:
Kristina Pereira Tully
Vested
650-464-0080
trintech@fullyvested.com

SOURCE: Trintech, Inc.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

NEC Face Recognition Technology Ranks First in NIST Accuracy Testing

TOKYO, Aug 24, 2021 – (ACN Newswire) – NEC Corporation (NEC; TSE: 6701) today announced that its face recognition technology ranked first in the world in the most recent face recognition technology benchmarking test (FRVT Ongoing, 1) conducted by the globally authoritative U.S. National Institute of Standards and Technology (NIST). In particular, in the large-scale "1:N Identification", which is largely used for FinTech and requires higher precision for applications that include cashless payments, public transportation and digital ID, the system was evaluated with an accuracy rate of 99.78% for still images among 12 million people (2).

Expanding use of high-precision face recognition technology

In NIST benchmark testing, NEC also ranked first following the face recognition benchmark in 2018 (FRVT2018, 3).

NEC was one of the first companies in the world to develop and commercialize a face recognition engine that achieves high accuracy even when masks are worn in response to the spread of COVID-19. In this way, NEC works to further improve the performance of its core face recognition algorithm in order to quickly respond to emerging social needs. In addition, based on the NEC Group AI and Human Rights Principles (4), NEC will continue to give top priority to privacy considerations and respect for human rights when using data such as AI and biometric information.

Going forward, NEC will capitalize on its portfolio of biometric identification solutions, 'Bio-IDiom' (5), which includes face recognition technologies, and 'NEC the WISE' (6), a leading-edge group of AI technologies, including video analytics, in order to expand their use among applications that require a high degree of reliability, including cashless payment solutions for FinTech, public transportation, and digital ID for large-scale facilities and functions, such as airports and sports events.

Expanding use of high-precision face recognition technology

(1) Face Recognition Vendor Test Ongoing, supported by and in collaboration with the US Department of Homeland Security and others, assessed the accuracy of authentication for tens of millions of people using face recognition technologies from top vendors from throughout the world. "Results shown from NIST do not constitute an endorsement of any particular system, product, service, or company by NIST."
new windowhttps://www.nist.gov/programs-projects/face-recognition-vendor-test-frvt-ongoing
(2) As of August 5, 2021. The rate at which biometric subjects are correctly identified at 0.3% of False Positive Identification Rate (FPIR) against the law enforcement images (Mugshot) of 12 million registered persons. In addition, the company has been ranked No. 1 in terms of accuracy in testing (database Border 10+YRS for border control) where images that have been taken more than 10 years ago and the current image are matched. Source: Face Recognition Vendor Test (FRVT) Part 2: Identification (NISTIR 8271 DRAFT SUPPLEMENT, 08/05/2021.
(3) NEC Face Recognition Technology Ranks First in NIST Accuracy Testing
https://www.nec.com/en/press/201910/global_20191003_01.html
(4) NEC Unveils "NEC Group AI and Human Rights Principles"
https://www.nec.com/en/press/201904/global_20190402_01.html
(5) Bio-IDiom
https://www.nec.com/en/global/solutions/biometrics/index.html
(6) NEC the WISE
https://www.nec.com/en/global/solutions/ai/

About NEC Corporation

NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Comtel Rebrands to Quess Singapore with Focus on Local Job Creation in the City

Singapore, Aug 24, 2021 – (ACN Newswire) – Quess Corp, one of the world's leading Business Service Providers, today announced that Comtel Solutions, the leading tech talent solutions Company in Singapore, and an affiliate of Quess Corp, has now become Quess Singapore and will operate as fully owned Singaore entity.

An affiliate of Quess Corp Limited, Comtel has been in business for over a decade and has expanded across the Asia Pacific and several industry verticals and sectors such as Banking, Hi-Tech Manufacturing, Telecommunication, Logistics, and Healthcare Industries. The company which partners with global market leaders, including Fortune 100 companies for services, solutions and focussed executive searches for technology staff, has been a part of Quess Group for five years and will continue to maintain its industry leading status in Staff augmentation in Singapore.

Since the beginning of the pandemic, Quess Corp has been tirelessly working with a mission to help hire skilled and productive workers who are equipped to meet the dynamic market requirements of their clients across sectors. Quess has made significant investments in technology across the hire to retire cycle to provide manpower services that are already trusted by several customers globally. Its thrust on developing tools to improve productivity of frontline workers and boost employee engagement is helping create a grey collar/semi-skilled workforce that is more efficient and future-ready.

The workforce landscape is going through a massive change as talent and skills become the most important currency for organisations to drive growth and establish value differentiation. Through re-branding Comtel to Quess Singapore, the company aims to better communicate the breadth and scale of expertise that Quess truly represents.

Speaking on the company's refreshed branding, Vikas Srivastava, Country Manager, Quess Singapore said, "COVID has completely made everyone re-think their talent strategy as companies now move to a more hybrid and asynchronous workforce that will help them make the most of the disruption to the labour economy to best meet their growth ambitions. Over the last few years, our technology-enabled solutions have been making search, selection, and management of contingent workforce easy in Singapore. With this new identity, we are confident of providing associates working for our clients with more career-enhancing opportunities through our ever-growing partnership with leading learning and development providers for their re-skilling and upskilling needs. This apart, we will help our clients manage and increase the productivity of their grey collar/semi-skilled workforce more effectively by introducing metric-driven, technology-led management through integrating our in-house mobile WorQ App into our standard offering."

As one of the world's leading Business Services Providers, Quess is known for its many milestones over the last 14 years; one of them being the fastest to become part of the coveted list of top 50 largest Global staffing suppliers ranked by Staffing Industry Analysts (SIA).

Commenting on the potential in local market, Quess Corp CEO APAC Mr. Sandeep Sharma said, "We are focussed on "Thinking Global Acting Local". The focus of Quess Singapore – is to be No-1 workforce solutions partner for clients in Singapore and the most preferred employer for associates and candidates. We will be more agile, technology-enabled, and look forward to boosting local employment. We are at the forefront of providing innovative workforce solutions to our larger customer base in South East Asia and stand by our mission of "Winning Together – In our client's win lies our win" and bring it to fruition. We aim to transition to our new brand identity with the reassurance of consistent and efficient service delivery with no disruptions while looking forward to continued support from our existing clients."

About Quess Corp

Established in Bengaluru in 2007, Quess Corp Limited (BSE: 539978, NSE: QUESS) is India's leading business services provider – leveraging its extensive domain knowledge and future-ready digital platforms to drive client productivity through outsourced solutions. Quess provides a host of technology enabled staffing and managed outsourcing services across processes such as sales & marketing, customer care, after sales service, back office operations, manufacturing, facilities and security management, HR & F&A operations, IT & mobility services etc. Quess has a team of ~369,000 employees, serving ~3,000 clients across India, North America, APAC and the Middle East as on 31st July 2021.

Media contacts:
Namrata Sharma – namrata.sharma@adfactorspr.com
Neha Chaturvedi – neha.chaturvedi@adfactorspr.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Kingsoft Announces 2021 Interim and Second Quarter Results

HONG KONG, Aug 24, 2021 – (ACN Newswire) – Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited 2021 interim results and its second quarter results for the period ended 30 June 2021.

For the first half of 2021, the revenue of Kingsoft increased 17% year-on-year to RMB3,039.1 million. Revenue from office software and services business increased 70% year-on-year to RMB1,557.2 million. Revenue from office software and services and online games and others represented 51% and 49%, respectively, of the Company's total revenue for the first half of 2021. Gross profit for the first half of 2021 increased 16% year-on-year to RMB2,523.7 million, while operating profit amounted to RMB741.9 million.

For the second quarter of 2021, the Company's revenue increased 4% year-on-year to RMB1,479.5 million. Revenue from office software and services business increased 47% year-on-year to RMB786.2 million. Revenue from office software and services and online games and others represented 53% and 47%, respectively, of the Company's total revenue for the second quarter of 2021. Gross profit for the second quarter of 2021 remained flat year-on-year and amounted to RMB1,207.9 million, while operating profit amounted to RMB229.8 million.

Mr. Jun LEI, Chairman of Kingsoft, commented, "We maintained a steady performance in all businesses in the first half of 2021. Kingsoft Office Group seized the opportunity for digital transformation and will continue to pursue the strategy of "multi-screen, cloud, content, AI and collaboration". In the online games business, we continued to focus our strategy on premium games, increase our investment in R&D and continuously expand new game genres."

Mr. Tao ZOU, Chief Executive Officer of Kingsoft, added, "In the first half of 2021, revenue of the Company continued to grow steadily. Our total revenue came in at RMB3,039.1 million, up 17% year-on-year. Our office software and services business recorded a strong growth of 70% and 47% year-on-year, respectively, for the first half and second quarter of 2021. Our total revenue in the second quarter was RMB1,479.5 million, up 4% year-on-year."

BUSINESS REVIEW

Office Software and Services

For the first half of 2021, revenue from office software and services business increased 70% year-on-year to RMB1,557.2 million. Revenue in the second quarter increased 47% year-on-year to RMB786.2 million. The rapid revenue increase was largely due to robust growth from licensing business and sustainable growth from subscription services business of Kingsoft Office Group. The revenue growth of licensing business was driven primarily by increasing demand for localization, as well as cloud and collaboration services from government and enterprises. The increase of subscription services business was mainly due to growing demand for cloud and collaboration services and enhancement of user stickiness from personal users.

In the second quarter of 2021. As the localization project has entered a mature period and customer demand increased significantly, we continued to witness a strong revenue growth from the localization project during this quarter. With the enhanced collaboration between the subsidiary, Beijing Suwell Technology Co., Ltd., and Kingsoft Office Group, the fixed-layout document format standards have been increasingly adopted by the market, thus further optimizing the localization business ecosystem. Our cloud and collaboration office solutions effectively promoted the cloud office migration and penetration in the government and enterprise market and it brought us strong year-on-year revenue growth for the sustainable licensing business. Kingsoft Office Group has also continued to develop the micro, small and medium-sized enterprise market. As of 30 June 2021, over 1 million micro, small and medium-sized enterprises covering 19 industries are registered users of WPS+. Kingsoft Office Group organized the 2021 Office Application Developer Conference in July and launched Document Open Platform, our first product enabling global office application developers to facilitate a digital office as well as digital transformation in the government and enterprise market in China.

Meanwhile, Kingsoft Office Group has continued to optimize the user experience, and improve its customer loyalty through the application of cloud and collaboration services. We continued to enhance the penetration within the public cloud market and promote the growth of the office subscription business. During the quarter, Kingsoft Office Group launched various new functions for the WPS membership services and further optimized the user experience. In April, Kingsoft Office Group organized a content ecosystem conference in Wuhan and strived to promote the transformation of our core WPS products from office tools to office services.

In the first half of 2021, Kingsoft Office Group began the transformation of internet advertising business. We took the initiative to further adjust the advertising strategy to reduce interruptions from advertisements to users and enhance users' cross-platform collaboration experience. During the second quarter of 2021, the internet advertising and promotion services business maintained a steady year-on-year growth with the increase in user base, while its proportion in office software and services business revenue continued to decline.

Online Games and others

Revenue from the online games and others business for the first half of 2021 amounted to RMB1,481.9 million and revenue for the second quarter of 2021 amounted to RMB693.3 million. In the second quarter, the online games business continued to enhance the core IP value of the JX series and to expand the development of new game genres. In April, the JX I: Gui Lai mobile game was successfully released in Vietnam. Among all Role Playing Games (RPG) games, the JX I: Gui Lai mobile game ranked first on both iOS and Android download charts in the first month of its debut. In May, the First-Person Shooting (FPS) game Bullet Angel was first released in Southeast Asia and got recommended by Google Play. In June, we released War of the Visions: Final Fantasy Brave Exvius, the latest game of the Final Fantasy Brave Exvius series developed by SQUARE ENIX, was released in China and it was also recommended by Apple Store.

In the coming quarters, the online games business will continue to focus on the long-term development of our classic IPs and to promote the launch of new games at the same time. We will celebrate the 12th anniversary of our flagship JX Online III Revamped PC game and launch a new expansion pack to further strengthen the longevity and vitality of our core IP. In addition, the JX World III mobile game will be launched within this year with a comprehensive upgrade in its visual design and gameplay.

Mr. Jun LEI concluded, "In the first half of 2021, we achieved a stable performance of our core businesses. Looking forward, we will continue to increase our investment in R&D, promote technological innovation, enhance technological capabilities, and develop new products and services. We will strive to bring the best experience to our users and customers and are committed to the sustainable growth of our business, bringing long-term value and returns to our shareholders and achieve a win-win situation for our partners."

About Kingsoft Corporation Limited
Kingsoft is a leading software and Internet services company based in China listed on the stock exchange of Hong Kong. It has two subsidiaries including Kingsoft Office and Seasun. Following the implementation of its "mobile internet transformation" strategy, Kingsoft has completed the comprehensive transformation of its overall businesses and management models and formed a strategic platform with interactive entertainment and office software as the pillars and cloud services and AI as the new directions. The Company has more than 6,000 staff around the world and enjoys a large market share in China. For more information, please visit http://www.kingsoft.com.

Kingsoft Investor Relations:
Francie Lu Tel: (86) 10 6292 7777 Email: ir@kingsoft.com

For further queries, please contact Hill+Knowlton Strategies Asia:
Ovina Zhu Tel: (852) 2894 6315 Email: kingsoft@hkstrategies.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Ethernity CLOUD Announces Results of Recent Token Pre-Sale

MUNICH, GERMANY / ACCESSWIRE, Aug 23, 2021 – (ACN Newswire) – Ethernity CLOUD is pleased to announce the successful completion of their token presale round. They have sold 90% of the available presale tokens in just 9 hours. The remaining 10% were sold out early the next morning. The entire presale has been sold out in full in about 25 hours. According to the team, the community support was significant as the minimum package was set at $5,000 USD.

On the heels of the token presale, Ethernity CLOUD is now focused on the future, including the ongoing European patent application. For more information, read the Technical Whitepaper about the application for Secure Decentralized Cloud Computing with Privacy Controls.

The time is almost here for their public sale scheduled for Q3 2021. Register your interest and join the Ethernity CLOUD community on their token registration page. Supporters can express their interest in participating in the public sale by submitting their email, name and commitment amount.

Sources at Ethernity CLOUD say that their entire leadership team is excited with the results of the presale round, and are looking forward to continue their mission to integrate confidential computing and blockchain technologies. Ethernity CLOUD's vision is to bring on the market a confidential cloud ecosystem which enforces user's privacy, maintains transparency of the data operations process and provides a fair environment for its adopters.

ABOUT ETHERNITY CLOUD

Ethernity CLOUD is building an ecosystem based on fairness, where user's right to privacy is fully protected and integrity is ensured by the blockchain technology. User's data is protected from abusive activities ensuring fair, decentralized and truly private operations. Using the ecosystem, users are capable of running cloud computing tasks over the decentralized network, while maintaining complete control over the confidentiality and enforcing transparency of the data operations process.

https://youtu.be/xySSIWNFlqw

To increase Ethernity CLOUD's technology adoption rates, the team is committed to use open-source technologies that provide a strong and secure foundation. The decentralized cloud applications meant to run on top of Ethernity CLOUD are based on regular cloud applications and software. Ethernity CLOUD community strives to make the transition to the decentralized cloud as smooth as possible for cloud computing business users as well as developers and enthusiasts.

EMAIL: contact@ethernity.cloud

SOURCE: Ethernity CLOUD

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CITIC Telecom CPC Honored in Frost & Sullivan 2021 Best Practices Award

HONG KONG, Aug 20, 2021 – (ACN Newswire) – CITIC Telecom International CPC Limited ("CITIC Telecom CPC"), a wholly owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), is honored to announce the winning of the Frost & Sullivan "2021 Best Practices Award" – "Digital Innovation Award in Greater China". It acknowledges the company for its outstanding performance in innovation, implementation capabilities, growth strategy, and the contribution to the industry.

Frost & Sullivan's analyst presented a quote about CITIC Telecom CPC's winning of the award, saying that "the rapid technological development has facilitated the digitalisation, informatisation, and intelligence needs of global enterprises. The pandemic has further stimulated a leap forward the digital transformation needs. Under this circumstances, CITIC Telecom CPC continuously strengthen its ICT capabilities, and created its disruptive ICT-MiiND strategy which brings the enterprises an intelligent IT service management platform. With its motto 'Innovation Never Stops', CITIC Telecom CPC plays an important role in enabling enterprises' digital transformation."

In the era of big data, enterprises are facing challenges in data management and sophisticated infrastructure needs derived from the explosive growth of information and data. Information and Communications Technology (ICT) has thus become the key solution to address the business needs, as well as facilitating the development of a digital economy. To ensure an effective digitalisation process, enterprises are looking for ICT solution providers with comprehensive offerings – high network scalability, diversified products, and professional services, all to cater for enterprises complex business and growth needs.

20 Years Innovation. Empowers Enterprises Digital Transformation

"Winning of the award this year has a different meaning to the Company. To celebrate our 20th anniversary in 2021, it is a strong recognition of CITIC Telecom CPC's innovation and determination to achieve innovation excellence, with our ongoing commitment and motto – Innovation Never Stops," said Esmond Li, CEO of CITIC Telecom CPC.

Since its establishment in 2001, CITIC Telecom CPC has always been maintaining a leading-edge position in the enterprise market, providing a wide range of innovative solutions, created from powerful new disruptive technologies, to empower enterprises' digital transformation journey. As a global-local ICT solutions partner to enterprises, the Company offers a full stack of integrated ICT solutions, with strong infrastructure deployment and extensive service coverage across 160 countries. Its extensive resources poses an excellent foundation to support enterprises business expansion and digital transformation.

Embracing years of practical ICT-enablement experiences, deep industry knowhow with intelligent analysis and algorithmic capability, CITIC Telecom CPC has further created a guiding framework for the future – ICT-MiiND. By fusing innovation and intelligence, with smart learning and infrastructure resources, ICT-MiiND has integrated a full stack of services data onto CITIC Telecom CPC's ICT platform, resulting in advanced new capabilities.

ICT-MiiND integrates latest technologies – such as Big Data, AI, AR, IoT and Blockchain, with CITIC Telecom CPC's extensive global experience, decades of business know-how and dedicated R&D capabilities. A cutting-edge AIOps (Artificial Intelligence for IT Operations) platform has thus developed to provide different innovative and intelligent modules that integrated tailor-made and customized industry service scenarios to bring enterprises a smarter IT service management platform. Series of innovative offerings are in place to bring enterprises with more possibilities, too.

In the coming future, CITIC Telecom CPC will continue to develop more competitive innovations, helping enterprises to succeed in their digital transformation journey.

About the Frost & Sullivan Best Practices Awards

Frost & Sullivan's Best Practices Awards recognize companies throughout a range of regional and global markets for superior leadership, technological innovation, customer service, and strategic product development.

The Best Practices Awards – Innovation Awards acknowledges companies' outstanding performance and achievements in innovation capability, implementation ability, growth strategy and overall contributions to the industry. Through in-depth interviews, industry analysis, and secondary research, the Frost & Sullivan team nominated a group of competitive and outstanding companies to the independent judging panel. After a rigorous review, the "2021 Digital Innovation Award in Greater China" was awarded to CITIC Telecom International CPC Limited.

For more information about CITIC Telecom CPC's awards and recognition, visit https://www.citictel-cpc.com/EN/HK/Pages/about-us-accreditation

About CITIC Telecom CPC

We are CITIC Telecom International CPC Limited ("CITIC Telecom CPC"), a wholly owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), serving multinational enterprises the world over by addressing their specific ICT requirements with highly scalable tailored solutions built upon our flagship technology suites, comprising TrueCONNECT(TM) private network solutions, TrustCSI(TM) information security solutions, DataHOUSE(TM) cloud data center solutions, and SmartCLOUD(TM) cloud computing solutions.

With the motto "Innovation Never Stops", we leverage innovative technologies, embracing AI, AR, Big Data, IoT, and other cutting-edge emerging technologies to transform technical potential into business value for our customers. As enterprises' digital transformation partner, we strive to help our customers achieve industry-leading positioning, high agility and cost-efficiency through digitalization.

Bringing our Global-Local capabilities, we are committed to providing our customers with one-stop-shop ICT solutions featuring superior quality. Having a worldwide footprint across 160 countries-including Asia, Europe and America, Africa, the Middle East, and Central Asia-our global network resources connect over 160 points of presence (POPs), 18 Cloud service centers, 30+ data centers, and two dedicated 24×7 Security Operations Centers (SOCs). As one of the first managed service providers in Hong Kong to achieve multiple ICT-related certifications-including ISO 9001, 14001, 20000, 27001, and 27017-we have been offering professional local services, superior delivery capabilities, as well as exceptional customer experience and best practices, through our global presence and extensive industry know-how, becoming a leading integrated intelligent ICT service provider to enterprise customers.

For more information please visit www.citictel-cpc.com

Media Contact:

Rowena Leung
CITIC Telecom International CPC Limited
(852) 2170 7536
Email: rowena.leung@citictel-cpc.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Loop Media, Inc. Launches The Wiggles Channel Exclusively First On The Roku Channel Beginning August 19th

Glendale, CA, Aug 20, 2021 – (ACN Newswire) – via NewMediaWire – Loop Media, Inc. ("Loop") (OTC: LPTV), a leading multichannel streaming platform that provides curated music video and branded entertainment channels for businesses and consumers, today announced a significant expansion of its existing partnership with Roku, Inc. Loop will bring its fully-dedicated The Wiggles Channel exclusively, initially to Roku(R) beginning August 19th. Now, through Loop Media, The Roku Channel will be the home for 24/7 availability of one of the world's most popular children's entertainment groups. Launched in 2017, The Roku Channel is the home for free entertainment on America's No. 1 TV streaming platform based on hours streamed (Hypothesis Group, April 2021).

Today's announcement and launch follows closely on the heels of the companies' recent partnership announcements in both the U.S. and Canada that bring several customized Loop Media music video channels to Roku customers, thereby expanding Roku's entertainment line-up.

The Wiggles are one of the most successful global children's franchises of all time. For the past thirty years, The Wiggles have educated, entertained and enriched the lives of millions of pre-schoolers (and their parents) all over the globe. Today, generations of fans that grew up watching are sharing their love of The Wiggles with their own children. Loop's dedicated streaming and broadcast channel for The Wiggles, first available on Roku, will initially air content from the original Wiggles, featuring Greg, Anthony, Murray and Jeff. It will include series such as "Wiggle TV" and "The Wiggles Show," as well as specials such as "Wiggle Time!", "Yummy, Yummy" and "Baby Antonio's Circus."

"The Wiggles brand has established itself as a global powerhouse for decades in the children's world, delighting kids and parents alike through song and dance," said Ashley Hovey, Director, The Roku Channel AVOD. "We are thrilled to bring this family-friendly, sought-after content to the millions of engaged users on The Roku Channel just in time for Kids & Family's second anniversary. It's a great way to celebrate this milestone!"

"Loop's partnership with Roku will finally allow our fans continuous access to some of the most popular Wiggles content of all-time," says Anthony Field, Blue Wiggle and founding member of The Wiggles. "In today's age of cord-cutting and streaming preference, it is important that we give our fans as many options as possible to enjoy The Wiggles."

"Roku has been a fantastic partner to Loop Media for our streaming music video channels, so we are pleased that they are our inaugural partner for this channel launch," said Jon Niermann, CEO & Co-founder of Loop Media. "The Wiggles Channel is something that we are very excited about and grateful to have the opportunity to produce and distribute. This is another fantastic, curated revenue-generating channel for Loop Media, and is one that will entertain kids and families globally like few other kids branded channels can."

About Loop Media

Loop Media, Inc. ("Loop Media") (OTC: LPTV) is a leading multichannel streaming platform that provides curated music video and branded entertainment channels for businesses and consumers. Through its proprietary "Loop Player" for businesses and interactive mobile and TV apps for consumers, Loop Media is the only company in the U.S. licensed to stream music videos directly to consumers and venues out-of-home ("OOH").

Loop Media's digital video content reaches thousands of OOH locations including hotels, bars/restaurants, office buildings, and retail businesses, as well as millions of consumers in the U.S., Canada, and Latin America through its apps for iOS, Android, and Huawei, as well as connected TVs and Smart TVs. These TV platforms include Amazon Fire TV, Android TV, AT&T TV, Hisense, JVC, LG, Philips, Roku, Sharp, Sony, Toshiba, VIZIO, and free ad-supported TV platforms TIVO+, Plex, DistroTV, and GSTV.

Loop is fueled by one of the largest and most important libraries that includes music videos, movie trailers and live performances. Loop Media's non-music channels cover a multitude of genres and moods and include movie trailers, sports highlights, lifestyle and travel videos, viral videos, and more. The Loop Media consumer apps allow users to create their own playlists, or "Loops," and share them live with interactive watch parties. Loop Media's streaming services generate revenue from advertising, sponsorships, integrated marketing, and branded content from free-ad-supported-television ("FAST") and from subscription offerings.

Download the Loop Media app by searching "Loop Media" on your Smart TV's app store or opening loop.tv/app on your mobile device. To learn more about Loop Media products and applications, please visit us online at Loop.tv

Follow us on social:
Instagram – @looptvofficial (consumer), @looptvbiz (business)
Twitter – @looptvofficial (consumer), @looptvbiz (business)
LinkedIn – https://www.linkedin.com/company/looptv/

About The Wiggles

For three decades, The Wiggles have educated, entertained and enriched the lives of millions of pre-schoolers (and their parents) all over the globe. Today, generations of fans that grew up watching are sharing their love of The Wiggles with their own children. Having sold over 30 million albums and DVDs, 8 million books globally, as well as accumulating over one billion music streams and 2 billion views on YouTube, The Wiggles are a dominant player in the preschool entertainment scene. Their live shows annually sell out to audiences on three separate continents, and their videos are seen in over 190 countries around the world. For more information, visit www.thewiggles.com.

Safe Harbor Statement and Disclaimer

This news release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, but not limited to, Loop Media's ability to compete in the highly competitive markets in which it operates, statements regarding Loop Media's ability to develop talent and attract future talent, the success of strategic actions Loop Media is taking, and the impact of strategic transactions. Forward-looking statements give our current expectations, opinion, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including "will," "may," "expects," "projects," "anticipates," "plans," "believes," "estimate," "should," and certain of the other foregoing statements may be deemed forward-looking statements. Although Loop Media believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. Loop Media takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by Loop Media. Loop Media's SEC filings are available at http://www.sec.gov.

Roku is a registered trademark of Roku, Inc. in the U.S. and in other countries. Trade names, trademarks and service marks of other companies appearing in this press release are the property of their respective holders.

Loop Media, Inc. Press:
Justis Kao
Loop Media, Inc.
justis@loop.tv

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CITIC Telecom Announces 2021 Interim Results

HONG KONG, Aug 19, 2021 – (ACN Newswire) – CITIC Telecom International Holdings Limited ("CITIC Telecom" or the "Group"; stock code: 1883), Asia-leading multinational internet-oriented telecommunications enterprise providing comprehensive services, reported profit attributable to equity shareholders of HK$534 million for the six months ended 30 June 2021, representing a period-on-period increase of 4.3%, or 2.1%, excluding the effect of investment property revaluation.

The Group reported HK$3,993 million in revenue from its principal telecommunications services business, similar to the corresponding period of last year. The Group's total revenue amounted to HK$4,795 million, an increase of 9.4% period-on-period. Basic earnings per share was up by 3.6% period-on-period to HK14.5 cents.

The Board declared an interim dividend of HK5.5 cents per share for 2021, up by 10.0% period-on-period.

Mr. XIN Yue Jiang, Chairman of CITIC Telecom, said, "During the first half of 2021, the prospects for economic recovery were less than certain as the COVID-19 pandemic persisted. Thanks to the vigorous and diligent effort of all our staff against pressure and difficulties with a strengthened emphasis on team building, market development and technological innovation, our capability in corporate operation and management has been further enhanced and we have provided a high-quality stable network operation. The Group continued to implement rigorous epidemic prevention and control measures without easing to safeguard staff health, while reporting positive growth in overall operations and ongoing enhancement in business results."

The Group maintained a healthy financial position and adequate cash flow. As at 30 June 2021, the Group had cash and bank deposits of approximately HK$1,524 million, sufficient to cover its financial obligations and contractual capital commitments in the next 12 months.

Business Highlights
CTM became the first carrier to provide complete 5G network connection in Macau, ready to seize development opportunity in the imminent 5G market. As at the end of June 2021, the Group had 45.4% share of the mobile market and 47.0% share of the 4G market in Macau, maintaining leadership in the market. During the period, the Group's subsidiary Companhia de Telecomunicacoes de Macau, S.A.R.L. ("CTM") overcame various difficulties and completed its Phase II 5G network construction in June in accordance with the original plan, seizing development opportunity in the imminent 5G market. CTM successfully completed the deployment of non-standalone networks (NSA), standalone networks (SA) and network slicing to provide full outdoor coverage and 93% indoor coverage, as it became the first carrier to provide complete 5G network connection in Macau. Meanwhile, CTM entered into 5G roaming agreements with more than 40 telecommunications carriers in different countries and regions. Revenue from mobile services amounted to HK$427 million, down by 13.4% period-on-period, mainly due to the reduction in roaming-related services caused by the pandemic.

Revenue increased driven by new requirements for internet services in the society and actively promoting fibre broadband. Revenue of internet services amounted to HK$604 million, up by 9.4% period-on-period. The Group procured ongoing growth for the segment by winning over customers on the back of premium services designed in close tandem with the new requirements for internet services in the society. As at the end of June, CTM has an approximate 97.1% share of Macau's internet service market, sustaining a dominant position in the industry. The fibrelisation rate of residential broadband users reached 95.9%. Phase III (B) of the Group's CITIC Telecom Tower Data Centre was completed successfully in late June and has been put into the market with good response.

Growth momentum sustained in messaging services revenue and growth continued on international telecommunications services. During the period, revenue from international telecommunications services business was HK$1,287 million, an increase of 10.5% period-on-period. The Group continued to enhance its platform capability and diversify into new business sectors offering swift, efficient and reliable services to support telecommunications carriers' global business expansion. In March 2021, the Group successfully assisted the launch of new roaming service products by a Chinese carrier. In May, the Group provided customised Internet of Things ("IoT") platform to a renowned automobile manufacturer and the service went into operation successfully and commenced commercial operation smoothly.

Expanded network coverage and enhanced enterprise customers' service capabilities. CITIC Telecom International CPC Limited ("CPC"), the Group's subsidiary, continued to expand its global network coverage, bringing the total number of PoPs in its global network to over 160 and the total number of global SD-WAN gateways to 57. Enterprise solutions revenue was HK$1,583 million, down by 7.9% against the last corresponding period. The decrease was mainly due to the volatile pandemic situation in Southeast Asia and other regions, which delayed the progress of a number of governments, resorts and other enterprises' projects in those countries/regions. However, the Group continued to report growth in enterprise solutions services in Mainland China.

The Group continued to enhance greatly its business development in Southeast Asia. During the first half of 2021, Acclivis Technologies and Solutions Pte. Ltd. ("Acclivis"), the Group's subsidiary, set up a subsidiary in the Philippines to explore new markets, while diversifying into the new business of corporate mobile services in Malaysia. Riding on its technical capabilities, Acclivis won the IT system service project of Singapore's Ministry of Social and Family Development to further strengthen cooperation with the government agencies of Singapore. It has also successfully completed the proof of concept for a smart visitor management solution for one of the largest medical institutions in Singapore, which involves the use of artificial intelligence ("AI") in performing visual analysis, enhancing management capability and optimising visitors' experience.

Development Strategies
Looking ahead, CTM is in hope of obtaining a 5G licence this year, the Group will actively cooperate with the Macau SAR Government on matters in relation to the issuance of 5G licence and arrangements for concession assets. It will also render strong support for CTM's effort in building the "Digital Macau", collaborating with various sectors in Macau to develop smart applications and build a smart ecosystem in a joint effort to construct the city's "digital pedestal", with a view to supporting Macau's ongoing development of digital economy with highly reliable quality in network services.

As for internet business, the Group will continue to enrich the functions of its product platform and procure the development of the platform and building of an ecosystem. Phase III (B) of the Group's CITIC Telecom Tower Data Centre will be actively marketed, the Group will strengthen cooperation with carriers in a bid to seek expansion in the global market.

Furthermore, on the back of sound customer relationships and a foundation in the market, CPC will continue to enhance the development of its global corporate service business, improve servicing capabilities and keep innovating cooperation models to increase the scale and value of its corporate service business. It will also step up its development from ICT (Information and Communications Technology) to DICT (Data, Information and Communications Technology).

Adhering to its "R-R-L" (recurring, regional, large-scale) strategy, the Group will continue to drive the development of its ICT business in Southeast Asia and expand the "Acclivis" and "Pacific Internet" brands to more Southeast Asian countries. It will capitalise on regional economic development opportunities arising from the RCEP (Regional Comprehensive Economic Partnership) in order to increase the business scale in the region.

At the same time, the Group will continue to enhance technological innovation to foster new core competitiveness with innovative networks, products, services and ecosystem and expedite progress of "Internet-based", "Cloud-based" and "Intelligence-based" development to support high-level development and digital transformation of enterprises, with a view to assuming an advantageous position in market competition during the new development stage.

Mr. CAI Dawei, Chief Executive Officer of CITIC Telecom, said, "The Group will continue to devote our best effort to drive sci-tech innovation, with innovative networks, services, products and ecosystem to support enterprises in pursuing digital, intelligent and global transformation. The Group will insist on rooting in Mainland China, taking Hong Kong and Macau as the base and connection, expanding in depth into the Southeast Asian markets, practicing the 'tripartite' synergy system and grasp 5G development opportunities, thereby realise our full year goals."

About CITIC Telecom International Holdings Limited (stock code: 1883)
CITIC Telecom International Holdings Limited was established in 1997 in Hong Kong, and it was listed on The Stock Exchange of Hong Kong Limited on 3 April 2007. As one of the largest international telecommunications hubs in Asia Pacific, the Group provides full-scale international telecommunications services to carrier clients around the globe, and integrated enterprise services in Southeast Asia through its wholly-owned subsidiary Acclivis Technologies and Solutions Pte. Ltd. CITIC Telecom International CPC Limited ("CPC"), the Group's other wholly-owned subsidiary, provides end-to-end information and communications technology solutions to international corporate clients and business clients. CPC is one of the most trusted partners of these clients in the Asia-Pacific region and provides a full range of ICT services to major enterprises and multinational corporate clients in Mainland China through its subsidiary China Enterprise ICT Solutions Limited ("China Entercom"). The Group holds 99% equity interest in Companhia de Telecomunicacoes de Macau, S.A.R.L. ("CTM"). CTM is one of the leading integrated telecommunications services providers in Macau, and is the only full telecommunications services and ICT services provider in Macau. With a leading position in the market, CTM plays an important role in the ongoing development of Macau. As at the end of June 2021, the Group, in 22 countries and regions around the world, employs close to 2,500 professionals, and with network covering over 150 countries and regions, connecting over 600 carriers and serving more than 3,000 multinational corporations and 40,000 local companies around the globe. CITIC Group Corporation, a large multinational conglomerate headquartered in the People's Republic of China, is the ultimate holding company of CITIC Telecom.

For more information, please visit: www.citictel.com

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

KGiSL wins Common infrastructure for Brokers Back Office Project from Stock Exchange of Thailand

India / Malaysia, Aug 17, 2021 – (ACN Newswire) – KGiSL, a global IT Products, Solutions, and Services provider, today announced the landmark contract that was won by KGiSL against significant competition from one of the largest stock exchanges in the ASEAN, The Stock Exchange of Thailand (SET). KGiSL will rollout Dolphin – a state of the art, cutting-edge technology back-office (BO) platform for brokers in Thailand. The platform will be hosted by SET and will be made available to brokers. The implementation is expected to be completed in the next 16 months.

KGiSL's flagship product for Capital Markets – Dolphin, caters to 60% of the leading institutional brokers in India by supporting their back-office clearing and settlement operations. The new platform is set to become the one-stop-shop solution to the brokers of Thailand with its ability to handle multiple asset classes including Equities, Bonds, and Offshore Trading, for both retail and institutional brokers. The next generation technology platform has been tested for handling 5 million trades/ day and has the potential capability to scale vertically and horizontally, to support any increase in business volumes. Dolphin was chosen over the other leading global platforms, because it had a better fit to the requirements and also for the robustness, scalability, and automation capabilities, it offers.

Dr. Pakorn Peetathawatchai, President, The Stock Exchange of Thailand said, "This is one of our most ambitious and challenging projects to establish a common, streamlined infrastructure that will open up new possibilities for Thai brokers to revolutionize their back office business models. We strongly believe that continued support from participating brokers in providing valuable insights, along with KGiSL's delivery capability are key ingredients to contribute the project's success."

On the association with SET, Prassadh Shanmugam, Director & Chief Executive Officer KGiSL said, "This is a huge win for KGiSL. Dolphin has been the undisputed market leader in India so far, but we have had limited successes in other markets. This order opens up the entire ASEAN & APAC market to create similar success stories like how we have done in India. KGiSL is poised to invest more in Dolphin's capabilities by adding Artificial Intelligence (AI), Machine Learning (ML), Business Intelligence (BI) and Analytics. I would also like to take this opportunity to thank Dr. Pakorn Peetathawatchai, President of The Stock Exchange of Thailand and the rest of the management in placing their trust in KGiSL and Dolphin."

About The Stock Exchange of Thailand: www.set.or.th

SET is the most liquid stock market in ASEAN with end-to-end services to empower seamless journey for all investors, securities brokerage companies and market participants. SET has transformed toward partnership platform by harnessing world-class technology and digital innovation to enable all parties to benefit from the Thai capital market in line with vision "To Make the Capital Market Work for Everyone". A number of open architecture and interoperable platforms have been developed with aims at building ecosystem crucial for fundraising, wealth creation and the country's development; widening business opportunities for operators in securities industry while offering investors convenient access to investment data, products and services.

About KGiSL: www.KGISL.com/gss

KGiSL is a global IT Products, Solutions, and Services provider in the BFSI space. KGiSL offers Software Products, Solutions and Services, Intelligent Automation, ERP (SAP), CRM, Business Intelligence and Analytics, Quality Engineering, IT Infrastructure Management and Custom Application Development. KGiSL has offices in India, US, Malaysia, Singapore, Australia and Thailand.

KGiSL is part of the $750 million business conglomerate KG Group with interest in Textiles, Engineering, Healthcare, Education, Real Estate, Entertainment, Software and Business Support Services. The Group employs over 25000 people and is known for its philanthropic services to the community for over 8 decades.
For further information, please contact:

KGiSL: Sampathkumar S | sampathkumar.s@KGISL.com | +91 9940069884

Adfactors PR (India):
Bhargav TS | bhargav.ts@adfactorspr.com | +91 9884883350
Shamitha Hegde | shamitha.hegde@adfactorspr.com | +91 9003107361
Adfactors PR (Singapore):
Namrata Sharma | namrata.sharma@adfactorspr.com | +65 8138 3034

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com