Tag: Cloud & Enterprise

UK Tech Firm Launches Covid & Vaccination Passport

MANCHESTER, UK, Dec 4, 2020 – (ACN Newswire) – British technology company VST Enterprises has today confirmed it has developed the worlds first secure 5 In 1 digital health passport and wallet. V-Health Passport(TM) is a crucial 'safe technology enabler' in reviving global economies, home lives and helping Governments, business and industry to start returning to work and normality.








The cross border, cross corporation V-Health Passport(TM) can be used by international Governments, consumers and companies to authenticate a persons true identity, their Covid test results and vaccinations. This 'enabler' allows them to prove their test and/or vaccination status. Uniquely the V-Health Passport(TM) has its own contact tracing capability using anonymised data, whilst also protecting citizens data and privacy with a concept in the vein of 'self sovereign identity'.

Manchester headquartered VSTE have innovated the V-Health Passport(TM) to be the most secure digital health passport and wallet in the world, but at the same time multi functional and future proof to deal with all future pandemics;

The V-Health Passport(TM) has 5 key 'enabling' features to its technology;

– Powered by the worlds most secure cyber security coding technology VCode(R) it is the worlds most secure 'next generation' code scanning technology using a closed loop system with end to end encryption and 2.2 Quintillion collision free codes (A VCode(R) can only exist once due to being encoded from a centralised system).
– V-Health Passport(TM) is a test agnostic system so it can record results from all global Covid testing manufacturers and protocols from PCR to rapid antigen and antibody testing.
– V-Health Passport(TM) also has its own unique contact tracing capability 'True Contact(TM)' built within the technology designed for travel, sports stadiums, venues, factories, offices and construction sites.
– The ultra-secure platform can now also hold vaccination records of all the major vaccination manufacturers which will be crucial in a person validating they have been vaccinated, the vaccine type, batch, dosage and date.
– Uniquely V-Health Passport(TM) is the only health wallet and cross border platform in the world that is multi-functional and GDPR compliant. It allows acts like 'self sovereign identity', meaning a citizens personal data is protected and they choose what they want to share and with whom they want to interact or authorise.

But at the same time tech boss Louis-James Davis – CEO of VST Enterprises warned of the potential dangers and reliance on using QR code scanning technology within any form of health passport for airline travel or entry into a venue or workplace which could lead to potential security breaches of personal data and information.

It follows the hack and breach earlier this year of the former Australian Prime Minister Tony Abbot whose Quantas airline boarding card was hacked and details revealed including his passport number, mobile phone number and Qantas airline messages referring to the former PM.

Louis-James Davis went on to state that both bar codes and QR codes – which represent first and second generation technology – are unsecure and vulnerable to hacking.

"QR codes were originally developed as a scanning technology for close proximity car parts tracking, a world away from Identity and banking use cases and now digital health passports. It was then used to skip the input of websites in marketing and promotional purposes. They were simply never designed with security or privacy in mind… they are simply not fit for purpose and should not be used at all in any form for delivery of sensitive information, travel or event tickets or health passport. QR codes can be subject to a process called 'Attagging or 'cloning.' Louis-James Davis said.

Davis also warned that the public will not tolerate breaches of their personal data and information along with their already existing and heightened concerns over privacy during the pandemic. He continued;

"Attagging is where a 'genuine QR code' is replaced by a 'cloned QR code' which then redirects the person scanning that code to a similar website where personal data can be intercepted and breached. The problem is that serious that in India alone there are over 1 BILLION fraudulent financial transactions each day using QR codes. As the scanning user journey is the same, it is only tech savvy individuals that may notice the domain name has changed."

As reported by a recent Forbes Magazine investigation, it is predicted that over 11 Million households in the US alone will scan a QR code this year and the majority of them, some 71% of people who have interacted with a QR code will not know if it is the start of a malicious hack. It is envisaged that over 5.3 Billion QR codes will be redeemed this year making it one of the fastest growing tech scanning interactions and also posing one of the greatest cyber threats.

QR codes can be cloned and redirected to other information points or websites. Often criminals and hackers will exploit this by putting a fake QR code over a genuine QR code. So a QR code for example on scanning would link to the genuine website www.similardomain.com but a fake QR code can be made up printed off and placed over the genuine code to redirect to www.similar-domain.com at this point the member of the public is tricked into entering their personal information, private data and financial information. The rogue website looks and feels exactly like the genuine one and is made to mirror it precisely.

VCode(R) which is the ultra secure digital code which powers the V-Health Passport(TM) cannot be cloned. Even if it was printed off, or a photograph was taken and placed over a VCode(R) or V-Health Passport(TM) it simply wont scan as it works on a call and response system of information between the code and web platform to verify location of the code, user ID and time and date and much more."

Louis-James Davis said; "We developed and built the V-Health Passport and health wallet to be the most secure technology on the planet that you could use as a health passport where you could combine your test status, vaccination record, boarding pass, airline ticket, music or sports ticket all in one app.

With V-Health Passport(TM) we wanted to provide functionality and greater mobility to allow citizens to return to work, be fit to fly or return to the sports stadiums. But at the heart of the technology was the ability to protect and respect data privacy of the individual.

The lack of engagement and interaction by the public with Government track and trace app/s over the pandemic was over privacy, security of data and the tracking of a persons live location. This is why we have built a unique system in the vein of 'Self Sovereign ID' with the ethics of privacy & security by design. The V-Health Passport(TM) puts the citizen in control in a way which they share information with who, when and where."

By having a technology health wallet which confirms your Covid test status and your vaccination record/s it then becomes a 'safe technology enabler' to assist Governments, companies, consumers and organisations to resume greater mobility and returning life back to normality. But critically this technology will help revive and restore economic prosperity.

V-Health Passport(TM) will help employers safely return their employees back to their offices, factories and warehouses. It will facilitate airlines to allow their passengers to be fit to fly and avoid the need for quarantine restrictions. At the same time it will ensure their airline ticket or boarding pass is secure and won't be hacked.

V-Health Passport(TM) will allow sports fans to return to the stadiums at capacity and not at the current socially distanced crowd protocols of 2000 fans. It will help get the hospitality sector back on its feet welcoming customers back. Because of the way V-Health Passport(TM) is designed – based on interaction and incentive – the hospitality sector can engage with with unique offerings and discounts to its customers.

V-Health Passport(TM) will help the Live music and entertainment sectors resume their concerts and performances in arenas, stadiums and theatres. They will be safe in the knowledge that fans have either been tested or vaccinated and can authenticate their status.

A citizen will be able to share their health pass and confirm their Covid test status, or present their vaccination record. They will also be able to show their credit score, work permit or visa, scan their travel or event pass. At the heart of each interaction they will have peace of mind that their data and information is highly secure and ultimately, they control who sees what, who scans what, where and when.

For more information on V-HEALTH PASSPORT(TM).
https://v-healthpassport.co.uk

For more information on VCode(R) and VPlatform(R) technology please visit
https://www.vstenterprises.com

For all media enquiries
Please contact Gerard Franklin – Head Of Communications & External Relations
M: 07885 388398 e: gerard@vstenterprises.com
VST Enterprises Ltd | The Lexicon | Mount Street | Manchester | M2 5NT

SOURCE: VST Enterprises Ltd & VHealth Passport

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Singapore Fintech Festival and the Singapore Week of Innovation and Technology to feature world�s first 24-hour hybrid digital and physical event

SINGAPORE, Dec 3, 2020 – (ACN Newswire) – The Singapore Fintech Festival (SFF) and the Singapore Week of Innovation and TeCHnology (SWITCH), the world's first week-long round-the-clock, hybrid digital and physical event, will run from 7 to 11 December 2020. Organised by Monetary Authority of Singapore and Enterprise Singapore, the event will feature a unique hybrid format that combines a 24-hour online event platform with global satellite events around the world.

SFF x SWITCH 2020 will feature a digital city that will allow participants access to over 650 speakers from the global innovation and tech community, 150 content partners, 200 sessions to engage participants and more than 900 exhibitors on the Digital Singapore platform. Participants can access live content broadcasts running round-the-clock and on-demand sessions. Established speakers participating at SWITCH include:

– Dr Chi Youngcho, President and CIO, Hyundai Motor Group
– Timothy Draper, Founding Partner, Draper Associates
– Henry Ma, Executive Vice President and Chief Information Officer, WeBank
– Professor H.S. Philip Wong, Willard R. and Inez Kerr Bell, Professor of School of Engineering, Stanford University
– Albert, Co-Founder, Traveloka
– Ye Gang, Group Chief Operating Officer, Sea Ltd

The SWITCH Global Channel, curated by SWITCH's global innovation partners allows participants access to market knowledge, opportunities, insights and tips on business culture from over 42 cities in 31 countries across Africa, Asia (China, India and Southeast Asia), Europe, Middle East, North America and Northeast Asia & Oceania.

Another highlight of SWITCH is Asia's most exciting global startup competition, SLINGSHOT, happening from 7 to 9 December. The Top 100 global startups stand a chance to win over S$7.5 million worth of prizes, including resources such as office space, cloud credits and mentorship to help global startups take root in Singapore.

Key panels during SWITCH include:

> SWITCH Connect Channel

Co-Innovation in Smart Cities – Accelerated Through a Resource Integrator
(Hosted by CapitaLand)
Unique opportunity to learn how global companies – DHL, Kone and Schneider Electric – continue to innovate and co-innovate with partners to stay at the top of their game, and the role that the recently launched Smart Urban Co-Innovation Lab can play.

Deep Tech Summit: Deep Tech for a Post-COVID-19 World
(Hosted by SGInnovate)
With humanity facing pressing challenges in health, climate change, we want to explore the promise of deep tech to help our future economy and society be more resilient, liveable and sustainable, particularly as we begin to rebuild in the post-COVID-19 era.

The Rising Asian Founders
There's a fascination around entrepreneurs. Often characterised by an appetite for risk, overcoming odds and being the leaders of change in their generation. They are a diverse group of individuals who share the drive to risk it all while making the impossible possible. Tune in to hear the rising founders of Southeast Asia share their story on how they got to where they are today.

Why We Need 'Open Innovation' to Tackle the Biggest Global Challenges
(Hosted by UNDP)
In tackling our biggest challenges – from COVID-19 to climate change – we need to use the best of human talent, wherever it may be found. Open innovation is about collaboration and community: building talent, solutions, and partnership. Join us to hear more about how it's working in practice, and how you can get involved.

> SWITCH Global Channel

Market Access: Southeast Asia – The Diversity of Corporate Innovation in Southeast Asia
(Central Group, VNG Corporation, Dexa Group)
The unprecedented challenges arising from the pandemic presents opportunities for Southeast Asia's corporates to reimagine their operating models. Join us as we discover the diversity of corporate innovation in Southeast Asia.

Corporate Innovation in China
(Ericsson ONE, Boehringer Ingelheim)
In today's everchanging digital world, innovation is crucial. Find out from Patrik Sandin, Director of Ventures & Growth, Ericsson ONE and Hong Wa Poon from Boehringer Ingelheim, BIX China, about how the economic landscape has evolved, and the opportunities available in the corporate innovation space.

Germany Singapore Business Forum (GSBF) Connect X Switch 2020
The panel will shed light on how open innovation helps create growth opportunities and targeted solutions to address rapidly-evolving market demands. Participants can benefit from the practical insights of our guest speakers from Germany and Singapore on what to expect and how to get started on their own open innovation journeys.

Edges of Southeast Asia
(Deloitte, US-ASEAN Business Council, Economic Development Board (Singapore)
There's much more to Southeast Asia than what the headlines and numbers tell you. Hidden in plain sight are Edges – people, places, and platforms that are pushing against the boundaries and transforming Southeast Asia from the inside. Join leaders and experts from Deloitte, the US-ASEAN Business Council, the Singapore EDB and more, as we take an unflinching, refreshing look at Southeast Asia from its Edges, and discuss what they mean for the future of the region and the world.

Navigating the New Funding Landscape in India and Southeast Asia
(256 Network)
Catch the leaders of leading venture firms like Qualcomm Ventures, KB investment and B Capital as they share insights on the funding landscape in India and Southeast Asia.

For more information, please visit www.switchsg.org. You can register for SWITCH 2020 at www.bit.ly/32P2EQg.

About Enterprise Singapore

Enterprise Singapore is the Singapore government agency championing enterprise development. It also supports the growth of Singapore as a hub for global trading and startups. The agency attracts global commodities traders to establish their global or Asian home base in Singapore. Today, Singapore is a leading global trading hub with a complete ecosystem for the energy, agri-commodities and metals & minerals trading clusters. Singapore is also home to many global enterprises, startups and investors that operate in its robust pro-enterprise environment.

Enterprise Singapore builds trust in Singapore's products and services through quality and standards. Renowned for their dedication to quality and innovation, Singapore companies make ideal business partners. With Enterprise Singapore's global network in over 35 locations spanning many developed and emerging markets, it connects businesses with relevant Singapore companies for their business expansion. Visit www.enterprisesg.gov.sg for more information.

About SWITCH

The Singapore Week of Innovation & TeCHnology (SWITCH) is the leading tech festival for the Global-Asia innovation ecosystem. It is a one-stop platform where innovation meets enterprise, with access to global startups, investors, corporates, innovation community and ecosystem players. It focuses on these key industries – Health & Biomedical Sciences, Smart Cities & Urban Solutions, and Trade & Connectivity.

SWITCH is a week-long event featuring Exhibitions, Conferences, Workshops, Lab Crawls, and partner activities such as startups pitching competition, SLINGSHOT 2020, and open innovation platform, TechInnovation. Together with the Singapore FinTech Festival (SFF), SFF x SWITCH convened over 60,000 participants from 140 countries, hosted 569 speakers and 1,000 exhibitors in 2019.

SWITCH is supported by the National Research Foundation Singapore (NRF).
Find out more at http://www.switchsg.org/ and https://www.sffxswitch.com/.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Blackbaud Announces Expanded Relationship with The Salvation Army Australia

SYDNEY, Nov 27, 2020 – (ACN Newswire) – Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today announces a major expansion of its support for The Salvation Army Australia. Blackbaud will power the nonprofit's fundraising and relationship management technology as The Salvation Army Australia continues to provide hope, opportunity and freedom to all Australians.

The Salvation Army Australia is an international Christian movement, united by faith and giving hope where it's needed most. Across Australia – in cities, country towns and rural communities – The Salvation Army touches every demographic and age group. The nonprofit is involved in national issues, while also bringing hope to people who may be experiencing hardship or injustice. Since its founding in 19th century London, The Salvation Army has expressed its faith in charitable work to provide both spiritual and social support. As one united nonprofit serving all of Australia, The Salvation Army Australia is one of the three largest charities in the nation.

"We couldn't be more pleased to be expanding our relationship with Blackbaud as our trusted technology provider," said Janine Kewming, National Head of Fundraising, The Salvation Army Australia. "Blackbaud has a deep understanding of our sector and we greatly value the expertise and sense of partnership they bring. We see Blackbaud as true partners in our mission. They uniquely blend proven technology with a partnership methodology that strongly matches our values. We know that with Blackbaud powering our fundraising and relationship management solutions, we'll be able to focus more time on our mission – caring for people, creating faith pathways, building healthy communities and working for justice."

The Salvation Army Australia will implement Blackbaud CRM(TM) to help build stronger and more productive constituent relationships. Blackbaud CRM combines unmatched nonprofit expertise with industry-leading fundraising and customer relationship management software solutions, integrated analytics, multichannel marketing and data mining services.

"We have valued our longstanding relationship with The Salvation Army and look forward to helping them fulfill their mission with the help of highly reliable, sophisticated technology and a commitment to a people first trusted partnership," said Kevin Sher, president and general manager for Blackbaud's operations in Asia Pacific. "At Blackbaud, we believe the world will be a better place when good takes over, and that's a higher purpose echoed by The Salvation Army Australia. Together, we'll be able to drive even more impact for social good."

To learn more about Blackbaud and its solutions for fundraising and relationship management, visit https://www.blackbaud.com.au/solutions.

About Blackbaud

Blackbaud (NASDAQ: BLKB) is the world's leading cloud software company powering social good. Serving the entire social good community – nonprofits, higher education institutions, K-12 schools, healthcare organisations, faith communities, arts and cultural organisations, foundations, companies and individual change agents – Blackbaud connects and empowers organisations to increase their impact through cloud software, services, expertise and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and CRM, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility, school management, ticketing, grantmaking, financial management, payment processing and analytics. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina, and has operations in the United States, Australia, Canada, Costa Rica and the United Kingdom. For more information, visit www.blackbaud.com.au or follow us on Twitter, LinkedIn, Instagram and Facebook.

– Twitter: https://twitter.com/blackbaud
– LinkedIn: https://www.linkedin.com/company/blackbaud/
– Instagram: https://www.instagram.com/blackbaud/
– Facebook: https://www.facebook.com/blackbaud/

Media Inquiries
media@blackbaud.com

Forward-looking Statements

Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organisation; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from Blackbaud's investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech Announces the Expansion of Its Executive Team with the Addition of a Chief Human Resources Officer

DALLAS, TX / ACCESSWIRE, Nov 25, 2020 – (ACN Newswire) – Trintech, a leading global provider of integrated Record to Report software solutions for the Office of Finance, today announced the appointment of Felicia Taylor as Chief Human Resources Officer (CHRO) of Trintech. With a focus on our employees, Taylor will help Trintech continue to build an engaged, inclusive, and high-performing culture. She will lead all aspects of human resources, including talent acquisition, talent development and learning, business partnerships, organizational development and effectiveness, compensation and benefits, diversity, inclusion and belonging, and operations and systems.

"Businesses don't create value; people do. Our employees are the heart of our business, which is why I am thrilled to announce the addition of a CHRO focused on continuing to provide our employees with a great place to work and ways to grow and develop their careers," said Teresa Mackintosh, Chief Executive Officer of Trintech. "Felicia's strong track record and rich experience in talent development and change management across international teams will help us to ensure we continue to build an agile culture of inclusivity and personal growth for all while attracting the talent of tomorrow to meet the evolving needs of our customers in this digital world."

Taylor joins the Trintech team with more than 20 years of experience holding global HR leadership roles spanning industries such as technology, multi-unit retail, and advertising. She is a creative and innovative global human resources executive with experience in developing human capital solutions to help businesses scale and transform. Her broad experience includes culture cultivation & design, change management, HR strategy, employee experience & engagement, M&A, total rewards, compensation strategies, and talent acquisition & retention. Prior to joining Trintech, Taylor was the Multifamily Division HR Vice President for RealPage (NASDAQ: RP). She also served as the Chief Vibe Officer and Head of Human Resources for VARI (formerly VARIDESK). Taylor earned her bachelor's degree in Human Resources Management and holds her SPHR and PHR-CA certifications.

"I am very excited to be joining Trintech as CHRO to continue building upon the strong foundation of practices Trintech already has in place today," said Felicia Taylor, Chief Human Resources Officer of Trintech. "It is evident to me that the Executive Leadership Team prioritizes a customer and people-centric culture and passion for innovation, and I look forward to partnering with the team to develop a progressive and aligned global HR strategy to support an environment where talent and culture continue to be a foundational and driving factor in the success of Trintech."

Trintech has been named One of Dallas/Fort Worth's Best and Brightest Companies to Work For® by the National Association for Business Resources for the past 4 years in a row.

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 and fiduciary reporting, and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency® Platform, Adra® Suite, and targeted tools, ReconNET™, T-Recs®, and UPCS®, 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, Ireland, the Netherlands, and the Nordics, as well as strategic partners in South Africa, Latin America, and 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 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

AppsFlyer Launches 19th Global Office in Sydney to Tap on ANZ’s AUD7.79 Billion Mobile Marketing Potential and Thriving Local App Industry

SYDNEY, Nov 25, 2020 – (ACN Newswire) – AppsFlyer, the global attribution and marketing analytics leader, today announced its official expansion into Australia and New Zealand (ANZ) with its first office opening in Sydney – making this its 19th office worldwide. AppsFlyer counts design giant Canva, neobank 86:400, and fitness app Sweat by Kayla among its current roster of ANZ clients. This follows AppsFlyer's recent announcement that Salesforce Ventures has joined its roster of investors in a late stage extension of its AUD287 million Series D round, which was led by General Atlantic earlier this year. The company now exceeds AUD273 million in annual recurring revenue (ARR), with over 1,000 employees globally.

By launching in ANZ, AppsFlyer hopes to support the region's rapidly growing local app economy by capitalising on the region's mobile marketing spend, which is expected to grow to up to AUD7.79 billion by 2021. According to AppsFlyer's first App Marketing in Australia and New Zealand 2020 report, although domestic apps currently occupy only 4% of the total ANZ app market share – with the US and China dominating at 29% and 12% respectively – growth potential for local apps is seen particularly in the verticals of Lifestyle (20%), Travel (16%), and Health & Fitness (13%).

This is especially relevant today when app usage is on the rise in ANZ; the same AppsFlyer report showed that Finance apps grew by 175%, Shopping apps by 125%, and Health & Fitness apps by 86% in H1 2020 vs H1 2019 for non-organic installs (NOI).

Under the leadership of Antony Wilcox, Director of Growth, AppsFlyer is looking to pursue vast growth opportunities in the region's mobile marketing and analytics industry, provide a platform to better serve app marketers in understanding customer data, and accelerate their mobile marketing efforts. The opening of a physical office in the middle of a pandemic, further shows AppsFlyer's commitment to the region, and its focus on servicing customers and growing its business further.

Antony Wilcox, Director of Growth, Australia and New Zealand, AppsFlyer, states: "Australia and New Zealand's move into the mobile generation is happening right now. We've seen homegrown start-ups move from seed rounds to a string of IPO's and have now become global players in Fintech, Retail Tech, and Productivity categories. AppsFlyer serves as the bridge between the mobile web and the app ecosystem, and we are currently building out our integrations with Cloud Marketing partners to bring all the value of the Martech ecosystem into one platform for marketers."

Ronen Mense, President and Managing Director for APAC, AppsFlyer, says: "We are immensely proud to be able to expand physically into Australia and New Zealand during a pandemic. Globally, many businesses have accelerated their digital transformation as a result of the economic impact of COVID-19, with mobile taking front and center stage in their strategic focus. We see an opportunity here to not only better support our existing customers in the region, but also to help empower the greater ANZ business community with our mission-critical tools and industry expertise so they can get the most out of their mobile marketing potential."

Ecosystem shifts and digital transformation accelerated by COVID-19 have fuelled the growth of AppsFlyer's ground-breaking solutions to meet the needs of marketers and app developers. These include innovative, privacy-centric attribution solutions for iOS 14, in a post-IDFA world; App Clips analytics; a zero budget marketing plan for app developers; enabling the web campaign-to-app opportunity; and two brand new products: Xpend – a cost aggregation solution that extracts cost data from any source, and accurately calculates ROI across the entire marketing journey, and Incrementality – which helps brands test and prove incremental lift of their marketing campaigns.

Globally, AppsFlyer works with thousands of customers, including leading brands such as Macy's, Minecraft, Nike, NBC Universal, Tencent, US Bank, Wayfair, and StitchFix. AppsFlyer's marketplace of over 8,000 partners includes Facebook, Google, Apple Search Ads, Twitter, TikTok Ads, Pinterest, Snap, Salesforce, Adobe, and Oracle. AppsFlyer was recently named to the Forbes 2020 Cloud 100 list for the 2nd year in a row.

Existing investors include General Atlantic, Goldman Sachs Growth, DTCP (Deutsche Telekom Capital Partners), Qumra Capital, Pitango Venture Capital, Magma Venture Partners, and Eight Roads Ventures.

App Marketing in Australia and New Zealand 2020 report highlights:

The AppsFlyer App Marketing in Australia and New Zealand 2020 report examines 120 million installs, covering 12,500 apps downloaded between January to June 2020 in Australia and New Zealand. The report was done across eight verticals including Entertainment, Shopping, Gaming, Health & Fitness, Finance, Utilities, Travel and Lifestyle. The dataset in the report has also been compared against H1 2020 global data and H1 2019 Australia and New Zealand data.

– Finance – Non-organic installs (installs as a result of paid marketing activity), nearly tripled (175%) in comparison to H1 2019.

– Fraud – Overall fraud in ANZ grew to 14.94% by June 2020, doubling from 7.9% in February 2020. With Shopping and Finance apps being widely utilised, marketers were sinking more advertising spend, which in-end targeted fraudsters. Over 50% of apps expected to generate fake attributions.

– Travel – New Zealanders tended to over-index on Travel app NOI at 21% (enjoying the second-highest share behind just New South Wales, 26%). Marketers might therefore find a measure of solace in this finding by boosting their spending in New Zealand.

– Health and Fitness – With gyms and stores closed, health and fitness apps grew in H1 2020 by 86% and shopping apps grew by 125%, as people were seeking alternatives.

– User Acquisition – January showed to be a great month for marketers to invest in, benefitting from extended holiday spending, with user acquisition in January proving to be at lower costs.
— Cost per installs grew during March, April, and May months as COVID-related NOI and Organic Install spikes
— Entertainment (1.65 in May 2020 from 1.39 in January 2020),
— Lifestyle (1.7 in May 2020 from 1.2 in January 2020) and
— Shopping (3.17 in May 2020 from 2.4 in January 2020) apps
— Revenue and App Opens also peaked in January as Health & Fitness (17%), Lifestyle (20%) and Travel (25%) apps peaked, gaming and utilities apps also grew

AppsFlyer was founded in Israel in 2011 and headquartered in San Francisco, California, by Oren Kaniel, current CEO, and CTO Reshef Mann. Globally, the company works with more than 12,000 customers including leading brands like HBO, Alibaba, Skyscanner, and is currently located in 19 global offices. AppsFlyer works with data-driven marketers for independent measurement solutions and innovative tools to grow and protect their mobile business. AppsFlyer's platform processes billions of mobile actions every day, empowering marketers and developers to maximize the return on their marketing investments.

App Marketing in Australia and New Zealand 2020 report is available at https://www.appsflyer.com/resources/others/app-marketing-australia-new-zealand/

About AppsFlyer

AppsFlyer, the global attribution leader, empowers marketers to grow their business and innovate with a suite of comprehensive measurement and analytics solutions. Built around privacy by design, AppsFlyer takes a customer-centric approach to help 12,000+ brands and 7,000+ technology partners make better business decisions every day. To learn more, visit www.appsflyer.com

Media Contacts
Debbie Beins
PRecious Communications on behalf of AppsFlyer
appsflyer@preciouscomms.com
+65 6303 0567

Press Contact For AppsFlyer in APAC:
Nico Marco
nico.marco@appsflyer.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech Client ABB Named Winner in 13th Annual Ventana Research Digital Leadership Awards

DALLAS, TX / ACCESSWIRE, Nov 24, 2020 – (ACN Newswire) – Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, announced today that its customer, ABB, a leading global engineering company, has been named the winner in the "Office of Finance" category of the 13th annual Ventana Research Digital Leadership Awards. ABB's win is attributed to its innovative use of Trintech's Cadency solution, standardizing its Record to Report process and generating increased efficiency across its global team.

"Technology is essential but achieving the most from technology requires leadership to implement change," notes Robert Kugel, Senior Vice President and Research Director at Ventana Research. "We gave ABB and Trintech our 2020 Digital Leadership award for having successfully tackled an ambitious close process digitization and standardization project in a decentralized worldwide organization."

In its 13th year, the Ventana Research Digital Leadership Awards program showcases "the leadership and use of business applications or technology that contribute significantly to improved efficiency, productivity and the performance of their organization." ABB partnered with Trintech and Capgemini to standardize the firm's Record to Report process, with a focus on balance sheet reconciliation, month-end closing and manual journal entries. With Trintech's Cadency solution, ABB realized greater efficiencies through streamlined policies designed to fit the needs of its specific compliance framework and more effectively manage live data to support its Record to Report process. Cadency has also provided ABB with scalability across the firm's global operations, centralizing core financial processes.

"Cadency has been instrumental in driving harmonization across our complex, multi-ERP environment," said Luca Condosta, Record to Report Group Finance Process Owner at ABB. "With the Cadency solution, we now have full visibility of our global closing and account reconciliation processes right at our fingertips."

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.

About ABB

ABB (ABBN: SIX Swiss Ex) is a leading global engineering company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels. With a history of excellence stretching back more than 130 years, ABB's success is driven by 110,000 talented employees in over 100 countries. www.abb.com

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

SOURCE: Trintech, Inc.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

AppsFlyer Exceeds $200 Million in ARR and Sets Its Sights on Shaping the Future of the Marketing Tech Stack, Opens New Office in Australia

SINGAPORE, Nov 24, 2020 – (ACN Newswire) – AppsFlyer, the global attribution and marketing analytics leader, today announced Salesforce Ventures joined its roster of investors in a late stage extension of its $210 million series D round led by General Atlantic earlier this year, to continue its velocity through product innovation with consumer privacy at the forefront.

As shifting privacy policies and regulations transform the marketing landscape, AppsFlyer has been experiencing increased demand for its expanding suite of products, including holistic attribution, marketing analytics, fraud protection, incrementality measurement, and customer experiences and engagement tools, while connecting app developers to more than 8,000 partners via its marketplace.

The AppsFlyer platform is rapidly becoming a core component in the most advanced marketing tech stacks. Ecosystem shifts and digital transformation accelerated by COVID-19 have fueled the growth of AppsFlyer's groundbreaking solutions to meet the needs of marketers and app developers. These include innovative, privacy-centric attribution solutions for iOS 14, in a post-IDFA world; App Clips analytics; a zero budget marketing plan for app developers; enabling the web campaign-to-app opportunity; and two brand new products: Xpend – a cost aggregation solution that extracts cost data from any source, and accurately calculates ROI across the entire marketing journey, and Incrementality – which helps brands test and prove incremental lift of their marketing campaigns.

The company also announced the launch of its new office in Sydney, focusing on servicing its customers and growing its business in the region of Australia and New Zealand. This latest launch will expand AppsFlyer's global footprint to 19 international offices, an unprecedented feat in the middle of a pandemic.

AppsFlyer has secured more than $300 million in funding since 2011, and has seen tremendous growth since its $210 million series D round, announced earlier this year. The company has recently reached 1,000 employees globally, and now exceeds $200 million in annual recurring revenue (ARR). The company also plans to increase its global headcount significantly in 2021 to support the growing needs of its customers and provide them with the right tools to delight their end-users while adhering to privacy regulations. AppsFlyer has also increased the volume and reach of its corporate social responsibility program, AppsFlyer Cares, impacting dozens of communities and thousands of individuals worldwide.

"AppsFlyer has been the driving force in mobile marketing attribution and has demonstrated true, long-term commitment to represent the app developers within the ecosystem," said Nowi Kallen, Principal at Salesforce Ventures. "Through a customer centric approach, 8,000-partner strong marketplace and privacy by design, AppsFlyer's innovative technology enables marketers to delight their end-users with a great user experience, while protecting their privacy."

"We're incredibly excited to deepen our integration with Salesforce and Salesforce Ventures, as we take another step towards ensuring that marketers, app developers, and the entire ecosystem is armed with the best marketing tech stack for the challenges of tomorrow," said Oren Kaniel, CEO and Co-Founder, AppsFlyer. "The secret sauce for our success over the last nine years has been prioritizing our customers and their end-users, putting them at the center of every decision we make. We've earned the unwavering trust and confidence of the market by enabling app developers to not only delight the end-user with a seamless user experience, but to also protect their data security and privacy."

Speaking about how this development will impact the region, AppsFlyer's APAC President and Managing Director, Ronen Mense, said: "The pandemic has aggressively driven a shift in how the global marketplace use technology, making the ever-innovative and always-resilient APAC one of the few winners from this year's economic turbulence. The foundations of an inclusive, tech-enabled recovery is being solidly built here in our turf, and we are humbled that the majority of today's best-performing Asian companies are using the AppsFlyer platform on a daily basis. This round enables us to empower Asian marketers with the tools needed to catapult their success and make accurate, better-informed, strategic decisions, as well as help drive innovation and foster confidence across the regional economy."

AppsFlyer works with thousands of customers, including leading brands such as Macy's, Minecraft, Nike, NBC Universal, Tencent, US Bank, Wayfair, and StitchFix. AppsFlyer's marketplace of over 8,000 partners includes Facebook, Google, Apple Search Ads, Twitter, TikTok Ads, Pinterest, Snap, Salesforce, Adobe, and Oracle. AppsFlyer was recently named to the Forbes 2020 Cloud 100 list for the 2nd year in a row.

Existing investors include General Atlantic, Goldman Sachs Growth Equity, DTCP (Deutsche Telekom Capital Partners), Qumra Capital, Pitango Venture Capital, Magma Venture Partners, and Eight Roads Ventures.

About AppsFlyer

AppsFlyer, the global attribution and marketing analytics leader, empowers marketers to grow their business and innovate with a suite of comprehensive measurement solutions. Built around privacy by design, AppsFlyer takes a customer-centric approach to help 12,000+ brands and its marketplace of 8,000+ technology partners make better business decisions every day, while delighting their end-users. To learn more, visit www.appsflyer.com

About Salesforce Ventures

Salesforce is the global leader in Customer Relationship Management (CRM), bringing companies closer to their customers in the digital age. Salesforce Ventures, the global investment arm of Salesforce, invests in the next generation of enterprise technology that extends the power of the Salesforce Platform. Salesforce Ventures is building the world's largest ecosystem of enterprise cloud companies and extending that technology to customers. Portfolio companies receive funding, strategic advisory, and operating support, and can easily join Pledge 1% to make giving back part of their business model. Salesforce Ventures has invested in more than 400 companies, including DocuSign, GoCardless, Guild Education, nCino, Snowflake, Twilio, Zoom, and others across 22 countries since 2009. For more information, please visit www.salesforce.com/ventures.

Media Contacts
PRecious Communications on behalf of AppsFlyer
appsflyer@preciouscomms.com
+65 6303 0567

Press Contact For AppsFlyer in APAC:
Nico Marco
nico.marco@appsflyer.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech Expands to Meet Demand for Leading Mid-Market Solution, Adra

DALLAS, TX / ACCESSWIRE, Nov 19, 2020 – (ACN Newswire) – Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, today announced at its virtual Trintech Connect Adra User Conference, the expansion of its Australian Data Centre with an expanded in country team to meet the needs of mid-market customers using its Adra solution in the region. With these investments, Adra customers will benefit from higher performance and robust support for data governance requirements.

"At Trintech, we are relentlessly committed to ensuring our customers are supported by not only the strength of our solutions, but also the expertise of our people," said Darren Heffernan, President, Mid-Market at Trintech. "This investment reinforces our dedication to ensuring a best-in-class experience wherever our customers are globally. With this newly expanded data centre, our customers can be assured that their data is housed in some of the world's most secure, high-end facilities, offering the highest industry standard levels of uptime, security and reliability – and compliant with governance and financial regulatory policies."

"Trintech has several consulting partners in the APAC region who are also excited about this investment, a positive and forward-looking move to help meet the needs of global mid-market customers and those operating specifically in this region," said Tim Green, Director of Green Cloud Consulting. "This investment enables mid-market companies in the APAC region to leverage Trintech's industry-leading financial close solution, Adra, in complete compliance with onshore data requirements."

"We continue to see rapid adoption and expansion of our Adra solution in the APAC region," said Fintan Diviney, Director, APAC Sales at Trintech. "We are excited about the upcoming opportunities to serve a growing number of companies in industries such as government, semi-government and financial services, who now have a financial close solution available to them that meets their onshore data security requirements."

Earlier this year, Trintech released Adra Analytics, which enables continuous improvement of the close cycle by providing data independence and reporting flexibility. Adra Analytics data can be used natively in Adra or in combination with internal data sets to create company tailored actionable insights in your business intelligence tool of choice (i.e. Power BI, Tableau).

The latest enhancements to Adra Analytics, being shown today at the Trintech Connect Adra User Conference, meet the needs of mid-market organizations to easily evaluate close performance trends and answer crucial organization-specific questions with robust data. Customers who have implemented Adra Analytics are able to easily share company specific internal control KPIs and evaluate variances over time to highlight focus areas. Some of the benefits these customers are seeing include the ability to:

– Measure close process efficiency and quality, as a starting point for continuous improvements over time
– Measure the quality of reconciliations over time
– Measure the timely completion of reconciliations over time
– Answer organization-specific questions and address organizational use cases

Heffernan kicked off the last day of Trintech Connect 2020 with some thoughts on making sense of big, complex data. "It's all about intelligence. How can I turn data into intelligence?," concluded Heffernan. "Adra Analytics can help organizations with this."

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® Platform, Adra® Suite, and targeted tools, ReconNET™, T-Recs®, and UPCS®, 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 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Epazz DeskFlex Booking Software’s COVID-19 Compliance Helped Increase Overall Revenue in the Third Quarter to $410,000 Unaudited

CHICAGO, IL, Nov 18, 2020 – (ACN Newswire) – Epazz Inc. (OTC: EPAZ), a provider of mission-critical cloud-computing software solutions and blockchain business solutions, announced today that the DeskFlex room booking software continues to attract more global clients from real estate and telco companies amid the COVID-19 pandemic, helping increase overall revenue to over $410,000 unaudited for the third quarter.

According to a recent report on the real estate software market, global real estate software market demand will grow from USD $9M in 2019 to USD $18M by the end of 2025 at a compound annual growth rate of 11.57%. The report highlights the cumulative impact of COVID-19 on consumer behavior changes, purchasing patterns, demands, rerouting of the supply chain dynamics of the current market and government mandates. The real estate software market is expected to provide reliable and relevant automation across banking management, facility management, integrated workplace management and asset management to companies worldwide. Because of the continued COVID-19 threat, workers are demanding safer offices and alternates with flexible work hours. As of the present, there is no available vaccine for the virus, thus creating anxiety and fear among the workforce. As a result, DeskFlex is experiencing increased demand for its software all over the world.

Epazz DeskFlex real estate management software continuously receives appointments for product demos as companies worldwide recognize the need for office scheduling technology. As the fourth quarter begins, DeskFlex continues to double revenues from global companies signing up for DeskFlex room scheduling software. Telecom companies and real estate industries have expressed interest in adopting the COVID-19-compliant DeskFlex desk booking software for their organizations.

DeskFlex desk booking software is a customizable application suitable for organizations bringing back their workforce through alternating shifts and schedules. Companies need a room scheduling system to maintain health and safety protocols when the staff return despite the COVID-19 threat.

DeskFlex facility management software is a pioneering room booking software technology. With DeskFlex's updated features and functions that comply with COVID-19 safety protocols, more companies are signing up for this real estate software product.

DeskFlex meeting room scheduling software has comprehensive on-cloud and on-premise office space management features that come in an English, Spanish, Portuguese and French multilingual software package. Companies can expect to deploy the right language settings suitable for their organization.

According to Shaun Passley, PhD, CEO of Epazz Inc., "We are happy to help more and more global companies secure their workplaces from the virus. As humanity continues to find a vaccine and cure, we, at the tech industry, will continue to upgrade DeskFlex conference room booking software to enhance workplace security and protocols further."

About DeskFlex.com

DeskFlex is a desk booking solution and room reservation software useful for booking conference rooms, meeting rooms, workspaces, desks, car parking spaces and office equipment. DeskFlex meeting room scheduling system helps office managers accommodate remote workers' time in the office, reducing rent and facility costs. DeskFlex lets employees reserve desks in advance or claim desks right away. It adjusts the telephone switch (PBX) so calls ring at the "desk du jour." DeskFlex includes check-in, point-and-click floor maps, a web browser, a local kiosk, Microsoft Outlook integration and conference room scheduling.

About Epazz Inc. (www.epazz.com)

Epazz Inc. is a leading cloud-based software company that specializes in providing customized cloud applications to the corporate world, higher-education institutions and the public sector. Epazz BoxesOS(TM) v3.0 is a complete web-based software package for small- to mid-size businesses, Fortune 500 enterprises, government agencies and higher-education institutions. BoxesOS provides many of the web-based applications organizations would otherwise need to purchase separately. Epazz's other products include K9Sky.com kennel software and the Provitrac applicant tracking system.

SAFE HARBOR

This is the "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can generally be identified by the use of forward-looking words such as "may," "expect," "intend," "estimate," "anticipate," "believe" and "continue" (or the negation thereof) or similar terminology. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results or those implied by such forward-looking statements. Investors are cautioned that no forward-looking statement is a guarantee of future performance and that actual results may differ materially from those contemplated by such forward-looking statements. Epazz Inc. assumes no obligation and has no intention of updating these forward-looking statements. It has no obligation to update or correct information prepared by third parties that are not paid for by Epazz Inc. Investors are encouraged to review Epazz Inc.'s public filings on SEC.gov and otcmarkets.com, including its unaudited and audited financial statements and its OTC market filings, which contain general business information about the company's operations, results of operations and risks associated with the company and its operations.

CONTACT:
For more information, please contact:
Investor Relations
investors@epazz.net
https://twitter.com/epazz?s=20
(312) 955-8161
www.epazz.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Kingsoft Announces 2020 Third Quarter Results

HONG KONG, Nov 17, 2020 – (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 quarterly results for the three months ended 30 September 2020 ("period under review").

During the period under review, the revenue of Kingsoft increased 34% year-on-year to RMB1,397.3 million. Revenue from online games and office software and services and others represented 56% and 44% respectively of total revenue. Gross profit for the third quarter increased 40% year-on-year to RMB1,157.8 million, while operating profit increased 120% year-on-year to RMB361.5 million.

Mr. Jun LEI, Chairman of Kingsoft, commented, "The Company maintained a steady performance in the third quarter of 2020. Our outstanding results are mainly attributed to the increasing market recognition of our Kingsoft Office business as well as our continuous innovation in premium games. Regarding office software, Kingsoft Office's licensing business and subscription services have been rapidly growing year-on-year. We continued to explore technology enhancement in the office software industry, optimize our user experience and strengthen our competitive advantages in online collaborative office products. In the online games sector, we will further pursue product innovation and enhance our capabilities in product development and operation, so as to expand our game categories."

Mr. Tao ZOU, Chief Executive Officer of Kingsoft, added, "In the third quarter, our total revenue reached RMB1,397.3 million, up 34% year-on-year showing strong resilience despite the impact of the pandemic. Both of our office software and services and other business, as well as online games business have maintained strong revenue momentum as they were up 59% and 19% year-on-year respectively in the third quarter"

BUSINESS REVIEW
Office Software and Services and Others
Revenue from the office software and services and others for the third quarter of 2020 increased 59% year-on-year to RMB609.1 million. In software licensing business, business from government and enterprise markets maintained a rapid growth. Kingsoft Office has further enhanced its services and brand influence in several regional government and enterprise markets, as the Company continued to strengthen its technology capabilities and marketing efforts. Kingsoft has also maintained close cooperation with leading customers in traditional industries.

Kingsoft Office organized the 2nd Office Application Developer Conference in the third quarter of 2020 and brought together a diverse group of near 200 developers in its ecosystem. Kingsoft Office has launched innovative products such as WPS Document Writing and WPS Docs Online Preview during the period, and fully integrated the Linux version of Sogou Input Method into WPS for Linux Edition. Kingsoft Office has acquired Beijing Suwell Technology Co., Ltd. in the third quarter. Going forward, Kingsoft Office and Suwell's collaboration in technology and product developments will drive the fixed-layout document format standards for government and enterprise customers.

During the quarter, Kingsoft Office's personal subscription services maintained its rapid growth. The Company continued to explore innovative channels for marketing such as live-streaming e-commerce. In addition, WPS Docs has become the official office software supplier for the 31st Summer World University Games, and Kingsoft launched the WPS Office Education Edition. Kingsoft Office also entered into a smart office cooperation framework agreement with Tsinghua University, which further strengthened our presence in different market segments.

Online Games
In the third quarter, revenue from the online games business reached to RMB788.2 million, represented a 19% growth year-on-year, mainly attributable to the continuous growth of the flagship JX Online III PC game. On 28 August 2020, Kingsoft celebrated the 11th anniversary of JX Online III PC game and shared with gamers the latest development of its technological innovation and content creation. In addition, Kingsoft introduced its development plans in film and television, music, animation, theatrical plays and e-sports which will help to further increase its user base and bring long-term growth potential to the core IP. On 29 October 2020, Kingsoft launched Feng Tian Zheng Dao, the anniversary expansion pack for JX Online III PC game, with a new season and enriched content, which brought players a better gaming experience. In addition, JX Online I mobile game has been renamed as New JX Online I: Yuan Qi Wang You with an all-new game appearance and received positive feedbacks from the players.

Mr. Jun LEI concluded, "In the third quarter, we once again demonstrated stable performance across all business divisions amidst a turbulent economic environment and complex international situations. We are confident in our strategy, business model, operation resilience and our prospects going forward. We will further strengthen our research and development capabilities, improve operational efficiency and promote product and service innovation. We will strive to provide our customers with excellent user experience, so as to achieve a sustainable growth in our business and create fruitful returns for our shareholders and business 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 Seasun and Kingsoft Office. Following the implementation of its "mobile internet transformation" strategy, Kingsoft has completed the comprehensive transformation of its overall business 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 5,000 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:
Sophie Du Tel: (852) 2894 6264 Email: kingsoft@hkstrategies.com



Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com