Pactera and Eutech Form Partnership

SINGAPORE, Aug 25, 2020 – (ACN Newswire) – Pactera, a leading IT solution company with 25 years of history and nearly 30,000 employees, and Eutech today jointly announced a partnership to bring smart building and workplace design solutions to clients in the Asia Pacific and Oceania region.

Collaboration between Pactera OctoIoT and Eutech IVIVA

The partnership brings together the proven Pactera OctoIoT platform and unique data management technique with Eutech IVIVA, a workplace cloud that provides a broad range of applications and technologies for the implementation of solutions for the Digital Workplace, Smart Buildings and Smart Precincts.

"We are very pleased to enter the strategic Asia Pacific and Oceania partnership with Eutech, which provides a variety of digital transformation solutions for the global real estate and building market," stated JinSong Li, Executive Vice President, General Manager of APAC Business Group, Pactera. "Pactera has a broad regional presence and in-depth localized capabilities for IT and consulting. Leveraged by Eutech's industry-leading digital solutions, we firmly believe that our new partnership with Eutech will support clients' digital transformations and bring new value to the marketplace."

Under this partnership, together Pactera and Eutech will help clients utilize the solutions that deliver step-change improvements in productivity, cost, and efficiency over the entire building life cycle. The partnership brings extensive Pactera's experience in IoT implementation, IT consulting, and digital transformation, combined with the Eutech IVIVA platform enabling smart, interactive environments that delight tenants and visitors.

"Organisations are increasingly looking to connect their physical and digital workspaces to enable a more resilient and productive workplace," said Dr. Hari Gunasingham, Founder and CEO, Eutech. "Eutech's mission is to enable this by redefining the way people, places, and things interact. Our partnership with Pactera is a key initiative in this mission. We are looking to co-innovate and co-create disruptive workplace solutions that bring together Pactera's leading-edge technologies and capabilities in IoT and AI, and Eutech's IVIVA Workplace Cloud."

About Pactera

Pactera is a Global Technology company with 29,000 employees worldwide committed to delivering Digital-themed consulting, UX interaction, IT implementation and Operations services to customers. Pactera creates business value for Fortune 2000 companies by accelerating business innovation, enabling new growth, improving operational efficiency and transforming the user experience.

Website: https://apac.pactera.com
CONTACT: info_apac@pactera.com

About Eutech

Eutech is a global software company specializing in the design, development and implementation of next-generation solutions and services for the global construction and real estate industries. Eutech's product portfolio includes IVIVA, a Workplace Cloud that brings together a broad range of applications and technologies for the implementation of solutions for the Digital Workplace, Smart Buildings and Smart Precincts. Eutech is headquartered in Singapore, with operations across Asia, Australia, the Middle East, and Europe. The company has implemented over 300 million square feet of projects.

Website: https://www.iviva.com
CONTACT: info@ecyber.com

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Collaboration between Pactera OctoIoT and Eutech IVIVA
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Colt launches Internet Access On Demand in Singapore

SINGAPORE, Aug 24, 2020 – (ACN Newswire) – Colt Technology Services has extended 'on demand' capability to its premium business internet offering in Singapore, becoming the only provider in Singapore and the region to provide customers with IP Access On Demand via its SDN-enabled On Demand platform.

As a 'pay as you use' commercial model, enterprises can benefit from high bandwidth and agile internet connectivity, provisioned quickly without signing up for any long term contracts. Enterprises now take full control over their internet connections, flexing bandwidth up and down in near-real-time with a feature-rich self-service portal removing complicated service delivery processes and lead-times. For existing Colt On Demand customers, there is no need to add another port. The same physical port enabling On Demand Ethernet and On Demand Cloud connections can be used for IP Access On Demand – enabling seamless and efficient connectivity.

This new IP Access on Demand service is backed by Colt's wholly-owned and managed metro area network in Singapore, part of the global Colt IQ Network, which connects to more than 900 data centres and 29,000 on-net buildings globally. Since its launch in 2017, Colt's metro area network covers over 90% of Singapore and 95% of the Central Business District. With Colt being the only non-native carrier in Singapore that fully-owns its network, as well as fibre metro networks in key Asian cities (including Hong Kong, Tokyo and Osaka), the U.S. and major European cities, Colt is perfectly positioned to offer Singapore-based enterprises seamless connectivity solutions. Colt has branches and offices located around the world and provides a unique proposition to the local market.

Today's business environment requires flexibility more than ever, and enterprises need connectivity solutions that can react to business challenges in real-time for them to continue to be successful. Colt's On Demand offering has grown from strength-to-strength, with the current expansion in Asia enabling connectivity across business hubs around the globe.

Warren Aw, Regional Director in Singapore, says: "The launch of Internet Access On Demand in Singapore will give a big boost to our business. Colt is in a unique position as we are the only On-Demand internet access Service Provider in Singapore. We can support organisations should they require our market-leading portfolio when moving into the region. We are also well placed to support local organisations and existing customers in their drive for more efficient, innovative services as they continue their digital transformation journeys."

"Even though we are living in unprecedented times, we need to make sure organisations can remain connected and continue to drive their businesses forward. What differentiates Colt from other providers is our ever-growing global footprint, connecting 52 metropolitan area networks, 210 cities and over 29,000+ on net buildings. We are in the best position to support enterprises through our secure and stable network, which can connect to their business locations globally with ease."

About Colt

Colt strives to transform the way the world works through the power of connectivity. The Colt IQ Network connects 900+ data centres across Europe, Asia and North America's largest business hubs, with over 29,000 on net buildings and growing.

Colt understands business connectivity requirements and provides high performance and high bandwidth solutions to enable customers' success, with Colt's vision centring on being the most customer oriented business in the industry. Customers include data intensive organisations spanning over 210 cities in more than 30 countries. Colt is a recognised innovator and pioneer in Software Defined Networks (SDN) and Network Function Virtualisation (NFV). Privately owned, Colt is one of the most financially sound companies in its industry and able to provide the best customer experience at a competitive price. For more information, please visit www.colt.net.

Press Contact:
Nola Pocock – Head of PR
+447917714377
nola.pocock@colt.net

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

Leyou Technologies Announces 2020 Interim Results

HONG KONG, Aug 21, 2020 – (ACN Newswire) – The global market leader in free-to-play (F2P) multiplayer online games, Leyou Technologies Holdings Limited ("Leyou Technologies", and its subsidiaries, collectively "the Group"; stock code: 1089) is pleased to announce its interim results for the period ended 30 June 2020 ( the "reporting period").

During the reporting period, total revenue of the Group was US$90.7 million, representing a yearon-year decrease of 14.2%. Due to the suspended development of a product, the capitalised development cost of which was recognised as impairment loss during the reporting period, gross profit and gross profit margin were US$42.8 million (corresponding period of 2019: US$63.9 million) and 47.2% (corresponding period of 2019: 60.5%) respectively. The Group's EBITDA was US$24.1 million (corresponding period of 2019: US$37.8 million). Nevertheless, excluding nonrecurring items, adjusted EBITDA increased by 7.8% to US$46.7 million.

Mr. Xu Yiran, Chairman and Chief Executive Officer of Leyou Technologies said, "In the first half of 2020, the Coronavirus Disease 2019 ("COVID-19") pandemic swept across the world. Governments across different nations have adopted social distancing measures, causing unexpected changes to how people live and work. Leyou, as a market leader in free-to-play (F2P) multiplayer online games, has also been impacted to a certain extent. On a positive note, our flagship product Warframe, as one of the most popular F2P games in the world, sits steadily amongst the top 10 of all game genres on Steam3, and is one of the top F2P games on PlayStation 4 and Xbox One in terms of revenue on such platforms, while the total number of registered users during the reporting period increased by nearly 16% to 61.3 million as compared to last corresponding period and its concurrent users reached a new record high at the annual fan event TennoCon in 2020. Although the revenue of Warframe was temporarily affected during the reporting period, the group has plans to launch several exciting changes. In addition, the factor of the upgrade of next-generation consoles resulting in the decrease in new users has been stabilised this year. We are confident in the future performance of Warframe and we believe that the additional traffic from certain next-generation console platforms will generate further growth for Warframe, and continue to bring desirable returns to shareholders."

Business Overview Game Development and Publishing Business Game development and publishing business is the Group's core business. This segment covered several F2P online games distributed globally, while the flagship product Warframe is the key driver of the Group's revenue and profit. During the reporting period, revenue contributed by the game development and publishing business reached US$74.1 million. Warframe is a contentdriven F2P game that requires time to to develop and update contents. During the reporting period, progress of the Group's game development team was slightly affected by home quarantine measures inevitably under the pandemic, resulting in less content update. Thus, Warframe's competitive advantages over other popular games were reduced by a certain degree as players' demand for new game content increased. Meanwhile, the ambitious update Empyrean released in December 2019 fell slightly short of players' expectation due to certain technical issues, thus impacted the revenue of Warframe to a certain extent in the first quarter of 2020. In addition, revenue in China saw a transitional decline as new cooperation arrangement with Wegame platform was in discussion. As a result, there was certain decline in revenue of Warframe during the reporting period.

Notwithstanding, the Group is still full of confidence in Warframe's future performance. Subsequent to the successful release of Empyrean in December 2019, Warframe released two major updates during the reporting period including Operation: Scarlet Spear and The Deadlock Protocol, and launched its third game season(i.e. Nightwave: Series 3). Meanwhile, the release of Heart of Deimos was launched at TennoCon in August, in which its brand-new Warframe customisation system and a new open-world environment are expected to greatly enhance players' engagement and their enthusiasm towards Warframe personalisation. Furthermore, the Group released patch updates regarding Empyrean in March to enhance and elevate the game experience, which turned out to be very well received by players. Moreover, the factor affecting Warframe's revenue in 2019, being the upgrade of next-generation consoles, has been stabilised this year. Total payment from console users recorded a slight increase during the reporting period as compared to that for each of the first and second halves of 2019. The additional traffic from certain next-generation console platforms is expected to generate further growth for Warframe. Besides, Digital Extremes and the Chinese distributor of Warframe will establish deeper cooperation with the WeGame platform to provide Chinese players with significant content updates, with a view to gradually align the Chinese version of Warframe with the international version in terms of update frequency and progress. This will solve a key pain point of Chinese players, significantly improve their game experience, and help drive a significant increase in Warframe's revenue in China.

Work-for-hire and Other Businesses The Group's work-for-hire business is mainly contributed by Splash Damage Limited ("Splash Damage"), the Group's AAA studio located in the UK. During the reporting period, this business segment served multiple customers such as Microsoft Game Studios and Google Stadia and recorded a total revenue of US$16.6 million, a year-on-year increase of 17.1% compared to the first half of 2019. Work-for-hire business has not only successfully achieved commendable growth during the pandemic, but also further enhanced its popularity and reputation in the industry and among players. Following the impressive launch of Gears 5 and Halo: Reach (part of Halo: The Master Chief Collection), both of which were developed by Splash Damage in partnership with Microsoft's first party game studios in 2019, the Group released Gears Tactics in April 2020. Besides, Splash Damage announced its partnership with cloud gaming platform Google Stadia in March 2020 and subsequently announced its first Google Stadia exclusive game, Outcasters, a fast-paced multiplayer game which aimed to appeal to a broad audience.

Other businesses mainly included the sale of merchandise goods, which generated revenue of US$0.1 million (corresponding period of 2019: US$0.2 million) during the reporting period.

New Products in the Pipeline Concurrent with persisent quality updates and optimisation of its live games, the Group also attaches great importance to the development of new products. By either creating original intellectual property (IP) or working with globally renowned ones, the group has successfully created a number of new games, including TRANSFORMERS, Civilization Online, Endless World, and multiple unannounced new F2P game products in various development stages. Endless World has received nearly 80% positive review scores from players and was nominated for a 2019 Game of the Year Award (New Release) on Steam. During the reporting period, Idle Big Devil, a F2P idle role-playing game, was newly launched. Although it is still in its early access stage with continuous optimisation, it has achieved a nearly 90% positive review score from players. The investment in developing casual / mid-core games will speed up the launch timeline of the Group's new games, and will reduce the return cycle of research and development investment, enabling the Group to generate new revenue streams and profit growth.

Meanwhile, the Group regularly reviews development progress of each project and optimises human resources and economic investment to maximise its output. Although the Group suspended the development of an undisclosed, original F2P online game during the reporting period, the Group strives to invest more resources in the development of new games, and to create an enriched, high-quality product portfolio within the next two years, thus minimising the fluctuation of the Group's revenue and scale of business.

Outlook The worldwide team of the Group is familiar with Chinese and Western game markets, leveraging its AAA quality research and development capabilities as well as global layout and connection, it managed to deliver work to the desired quality efficiently despite the pandemic, and will launch more high-quality new games in near term to enrich the Group's product line. Looking ahead, the Group will strive to focus on the development and distribution of high quality games for the global market, in order to enhance the profitability of the Group and bring better returns to shareholders.

Mr. Xu concluded, "The success of the Group over the years has been attributable to its unique and strong F2P game development and publishing capabilities. In future, the Group will continue to combine the F2P design from Asia with the mature development processes from Western counterparts, and to invest resources in new games development to create AAA quality game products, with the aim of building an enriched and high-quality product portfolio. The Group believes that Leyou will yield fruitful results leveraging its strategies of developing and publishing quality games for the global market, outstanding research and development capabilities, its global layout as well as ceaseless efforts of our global teams."

About Leyou Technologies Holdings Limited
Leyou Technologies Holdings Limited (1089.HK) is principally engaged in the development and publishing of online multiplayer PC and console video games. It is a global market leader in the market of free-to-play multiplayer online games. Leyou Technologies owns and invests in multiple world renowned AAA game development studios across the globe, including Digital Extremes and Splash Damage, and publishes several of the most successful free-to-play online multiplayer games worldwide. For over seven years since the flagship product Warframe has got online, it maintains a top 10 ranking in all genres in terms of number of players and playtime on Steam, and has a positive review score of approximately 91% from players. In addition to the continual premium updates and improvements to its live games, Leyou Technologies also keeps on investing in the development of new products, such as Civilization Online, TRANSFORMERS and The Lord of the Rings.

For more information, please visit: http://leyoutech.com.hk/

Media enquiries:
Anli Financial Communications Limited
Kylie Chan 852-3956 1640 kylie.chan@anli.com.hk
Kenix Luk 852-3616 0807 kenix.luk@anli.com.hk

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

Epazz Provitrac Develops Video Interviewing Feature for Applicant Tracking System to Meet the Increase in Job Applications Post COVID-19

CHICAGO, IL, Aug 20, 2020 – (ACN Newswire) – via NEWMEDIAWIRE — Epazz Inc. (OTC: EPAZ), the parent company of DeskFlex, a leading provider of cloud-based business software solutions, announced today that its Provitrac applicant tracking solution is now developing the Video Interviewing online feature to anticipate the increase in online job applications and work from home applications after COVID-19 lockdowns.

Provitrac is a candidate recruiting software that provides the best features of any other hiring software, including job posting in online media outlets, applicant tracking, candidate ranking, job matching, sorting and scoring, and onboarding management. Provitrac applicant tracking software platform features an integrated client support system, phone system, custom reporting, and the newly added feature of Video Interviewing software.

Hiring managers can use the Provitrac Video Interviewing software to set a job interview with a potential candidate similar to an in-person or phone interview via integration with Zoom videoconferencing. In a large organization that needs massive hiring, Provitrac can also provide an automated video interview that records an applicant's response to standard preliminary interview questions. With preset screening questions, recruiting officers can immediately filter candidates who do not meet the criteria leaving only the most suitable candidates for a final face-to-face interview.

Provitrac, formerly known as AutoHire software, has been operating in small and large Fortune 500 companies, government agencies, and the private sector since 2002. Epazz, Inc acquired AutoHire Software in 2010 and later renamed it to Provitrac in 2016. The Provitrac applicant tracking system streamlines the hiring process in one web-based platform. It simplifies recruitment, career management, vacancy creation and approval, job posting, job matching, staff acquisition, resume search, resume management, applicant tracking, easy reporting, and communications.

The Provitrac applicant tracking solution integrates well with DeskFlex room scheduling software. With the onset of the COVID pandemic, more organizations allow their employees to work from home and hire remote workers to fill in company vacancies. Reopening the office post-COVID lockdowns can only allow a few staff to come to the office to work. This change in the work dynamics prompts companies to use efficient applicant tracking software to find the best hire and the need for room scheduling software to alternate the schedules between work from home employees and return to office workers to revamp the economy after the economic decline following COVID-19.

According to Shaun Passley, Ph.D., CEO of Epazz, Inc., "We saw the growing need of recruiters to automate the hiring processes. There is a real opportunity to create something more strategic and aligned to the hiring process, especially finding the right candidate for rebuilding the economy after the Coronavirus pandemic."

About Provitrac.com

Provitrac is a total cloud-based applicant tracking software that supports online job posting, candidate tracking, and interviews. Provitrac software solutions organize candidate management, automate workflow, and open company communication in an online platform. It provides any business in an easily accessible way to manage the recruiting process with the web-based interface. Provitrac applicant tracking software solutions are customizable according to the organization's needs for new hires and allow organizations to handle their recruitment solutions electronically. Provitrac applicant tracking system is available in different modules covering each element of the recruitment process and HR management.

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 are 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 services.

CONTACT: For more information, please contact
Investor Relations
investors@epazz.net
(312) 955-8161
www.epazz.com

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

Kingsoft Announces 2020 Interim and Second Quarter Results

HONG KONG, Aug 18, 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 2020 interim results and its second quarter results for the period ended 30 June 2020.

For the first half of 2020, the revenue of Kingsoft increased 41% year-on-year to RMB2,591.4 million. Revenue from the online games, and office software and services and others represented 64% and 36%, respectively, of the Company's total revenue for the first half of 2020.

For the second quarter of 2020, the Company's revenue increased 49% year-on-year and 21% quarter-on-quarter to RMB1,420.1 million. Revenue from the online games, and office software and services and others represented 61% and 39%, respectively, of the Company's total revenue for the second quarter of 2020. Gross profit for the second quarter of 2020 increased 55% year-on-year and 24% quarter-on-quarter to RMB1,202.2 million, while operating profit increased 232% year-on-year and 42% quarter-on-quarter to RMB548.7 million.

Mr. Jun LEI, Chairman of Kingsoft, commented, "The Company saw strong growth in the second quarter, driven by continued demand for subscription and licensing services of WPS Office, coupled with excellent performance by core online games. WPS Office focused on product development and promotion, explored into complementary verticals, to build its core competitiveness. In the online games sector, we continued to improve our ability to develop and operate premium games, while expanding into new game categories. On 8 May 2020 (New York time), Kingsoft Cloud Holdings Limited was successfully listed on the NASDAQ. As the largest shareholder of Kingsoft Cloud, we have full confidence in its future performance. "

Mr. Tao ZOU, Chief Executive Officer of Kingsoft, added, "Our revenue in the second quarter of 2020 was RMB1,420.1 million, up 49% year-on-year and 21% quarter-on-quarter. Our revenue in the first half of 2020 was RMB2,591.4 million, up 41% year-on-year. In the second quarter of the year, our online games business recorded a year-on-year growth of 53% and office software and services and others businesses grew 43% year-on-year, respectively.

BUSINESS REVIEW

Office Software and Services and Others

For the first half of 2020, revenue from office software and services and others increased 40% year-on-year to RMB941.5 million. Revenue in the second quarter increased 43% year-on-year and 41% quarter-on-quarter to RMB551.0 million. The year-on-year increase was largely due to solid growth from subscription services and licensing products of Kingsoft Office, driven by fast growing paid users through offering new innovative content, rich product features, and better user experience.

For the second quarter of 2020, Kingsoft Office, as a beneficiary of increased demand in remote working, maintained stable and healthy development. Kingsoft Office's office software licensing business maintained its rapid growth. The Company continued to promote cloud office migration to its leading customers, further strengthening its market leadership in document and information processing. In the first half of 2020, Kingsoft Office launched new editions of WPS Office such as Integrated Edition, Business Edition and Graphics Edition, while establishing an open Application Program Interface (API) with developer partners in its ecosystem. As of June 2020, Kingsoft has completed product adaptation with 190 developer partners, achieving integration in areas such as work collaboration, input method, mail, voice recognition, handwriting pad and tablet. In addition, over hundreds of thousands of micro, small and medium enterprises have used WPS+ cloud office services.

WPS Office's personal subscription services continued to show robust growth, due to innovative content, rich features, as well as improved user outreach and experience via innovative channels such as live streaming sales. In addition to online document editing, WPS Docs provides collaborative office products such as spreadsheet, calendar, to-do list and meeting, enabling users to work together seamlessly via Kingsoft Office's cloud platform.

Kingsoft Office continues to expand its partnerships and brand awareness. During this period, Kingsoft Office has become the official supplier of Beijing 2022 Winter Olympics. In addition, Kingsoft Office entered a strategic cooperation with the International Centre for Higher Education Innovation under the auspices of United Nations Educational, Scientific and Cultural Organization (UNESCO-ICHEI), providing WPS Office-related online courses to this global education resource platform. Forging ahead, Kingsoft Office continues to adhere to its philosophy of technological empowerment, focusing its efforts on technological innovation and product optimization and continue to innovate the organizational structure and strengthen the construction of R&D Center.

Online Games

Revenue from the online games business for the first half of 2020 increased 41% year-on-year to RMB1,649.9 million and revenue for the second quarter of 2020 increased 53% year-on-year to RMB869.2 million. The increase was mainly due to strong performance of self-developed PC games, as well as an increase in mobile games. In the second quarter, revenue and average daily active users of its flagship JX Online III PC game recorded year-on-year growth of 120% and 39% respectively, reflecting its track record in developing and operating blockbuster online games. In June, Kingsoft launched a beta test for the JX Online III mobile game and received positive player response. In the same month, the Company also started the pre-registration for War of the Visions: Final Fantasy Brave Exvius. Meanwhile, the cloud version of JX Online III PC game has officially launched its testing version in July, becoming one of the first cloud games in China. The Company further strengthened cooperation with Tencent and launched JX Online II mobile game on all platforms in August, which was ranked as the number one in the iOS top free charts on its debut.

In the coming quarters, Kingsoft will continue to focus on new product development and operation optimization. We will celebrate the 11th anniversary of JX Online III PC game and launch a new expansion pack to further strengthen the longevity and vitality of our core IP. During the year, JX Online I mobile game will be renamed as New JX Online I: Yuan Qi Wang You with an all-new game appearance and experience for players. Wo Long Yin 2 will also be launched later."

Mr. Jun LEI concluded, "Our results were robust in the first half of 2020 despite the impact of COVID-19. Going forward, we remain confident in the resilience of our business model and the pace of our developments. We will continue to focus on optimizing our organizational structure, technological innovation and product enhancement, so as to provide our customers with the best user experiences. We strive to deliver sustainable business growth and bring solid returns to our shareholders and 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

Trintech Enhances Its Enterprise System of Accounting Intelligence with Release of Cadency 9.0

DALLAS, TX / ACCESSWIRE, Aug 14, 2020 – (ACN Newswire) – Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, today announced the release of Cadency 9.0. The latest update to Cadency's comprehensive System of Accounting Intelligence offers new, innovative support for transaction and account reconciliation, journal entry, systems integrations, artificial intelligence and overall usability for large enterprises.

"As our customers continue to focus on agility and sustainability during this time, the enhancements we have made in Cadency 9.0 deliver greater controls, enhanced visibility, increased efficiencies and certainty of accurate financial reporting that our large enterprise customers demand," said Michael Ross, Chief Product Officer at Trintech. "We've continued to heavily invest in Cadency's System of Accounting Intelligence to ensure these enterprises have the visibility and control to manage every aspect of the financial close from one central cloud-based platform, whether they are in the office or working remotely."

As a central part of the update, Cadency 9.0 consists of several foundational enhancements to improve the Cadency user experience; providing intuitive, easy-to-use and standardized functionality that drives greater efficiencies in your daily workflows. A new, collapsible sidebar navigation allows users to navigate to any page with a single click, reducing the overall time spent navigating between pages. In addition, the reporting experience has also been enhanced with streamlined navigation, search, edit, export, view, and run/schedule capabilities to reduce the time and effort of generating reports.

Cadency 9.0's transaction and account reconciliation enhancements are designed to enhance the speed, accuracy and transparency for what ultimately creates the foundation of a reliable financial statement. Customers will gain greater visibility into overdue journals, decreasing overall financial risk by ensuring SLA's are being enforced per policy and the journals are approved on time. In addition, the introduction of Aged Item Email Notifications will provide greater transparency and control into the management of reconciliations.

Trintech has also made extensive investments in its System of Integration with the addition of two new APIs, Cadency GL Reconciliations API and Cadency Close Task Field API. These integration and automation capabilities increase your organization's efficiency by reducing the manual period-end close activities and time spent supporting an audit, reduce your cost as fewer manual hours are spent on task management and audit preparation, and reduce the risk of a miss in an audit or key control by requiring supporting documentation on those critical tasks.

Lastly, in order to provide our customers with additional controls into computing actionable risk ratings on their journals, we have further invested in our Financial Controls AI(TM) capabilities with the addition of 3 new evaluation criteria to our Risk Rating Engine (RRE): Intra-company transactions, topside Journal Entries and period-end adjustments.

Cadency(R) is the only System of Accounting Intelligence that combines all financial close activities into a single, seamless process, including operational matching, intercompany transaction management, balance sheet reconciliations, journal entry management, close task management, compliance and reporting.

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, 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

Trintech Enhances Its Enterprise System of Accounting Intelligence with Release of Cadency 9.0

Industry-Leading Enterprises Continue to Choose Trintech to Automate their Record to Report Process

DALLAS, TX / ACCESSWIRE, Aug 12, 2020 – (ACN Newswire) – Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, today announced that industry-leading organizations are continuing to partner with Trintech to automate the Record to Report process. As these complex organizations focus on scaling their business and face the new challenges of the pandemic era, they demand a seamless, integrated, and configurable solution with end-to-end encryption, supporting 100s of ERP instances including SAP(R), Oracle(R) and NetSuite(R). Trintech counts the majority of the Fortune 100 among its client roster.

"We have seen our clients pivot quickly and realize the benefits of having a comprehensive solution in place that supports a fully-operational virtual ecosystem," says Teresa Mackintosh, CEO of Trintech. "As any organization serving large enterprises knows – and this is especially true right now – you need to be able to offer more than point or narrow solutions. You need a consistent partner with a comprehensive end-to-end solution that can work remotely with existing ERPs and handle real complexities in scale, performance, security, diversity, and regulatory and geographic requirements. We call it "Enterprise Grade" financial accounting software, and this enterprise expertise is at our core."

Trintech's Cadency solution is the only System of Accounting Intelligence (SOAI) that combines end-to-end financial close activities into a single, seamless process, including operational matching, intercompany transaction management, balance sheet reconciliations, journal entry management, close task management, and compliance. In addition, it leverages innovative technologies, such as Artificial Intelligence (AI), Risk Intelligent RPA(TM) (RI RPA), and ERP Bots for further efficiencies and to support your financial transformation journey as your business evolves and grows.

"We are finding that more and more large enterprises are discovering the value of choosing a firm that is more than a vendor — a consistent partner who provides reliable industry expertise and a complete, end-to-end solution that can scale with their growth," said Russ Hubbard, Chief Revenue Officer of Trintech. "A perfect example of this is a client of ours, a Fortune 10 premier health innovation company that went through a $70B merger and chose to replace BlackLine with Cadency. They believed Cadency was the only solution that could standardize and transform their financial processes globally as they combined their retail and insurance organizations."

DXC Technology, an organization resulting from the merger of Computer Sciences Corporation and Hewlett Packard Enterprise's Enterprise Service segment, also chose Trintech's Cadency solution, displacing BlackLine, for over 3,000 global users. The firm needed a solution that could integrate seamlessly with SAP(R) and provide full visibility and control across the entire global organization rather than merely implementing a workflow tool. DXC Technology has implemented Cadency Reconciliation Certify, Close, and Journal Entry and has also started to deploy Trintech's ERP Bots to gain further efficiencies.

In order to improve its R2R process, ABB partnered with Trintech and Capgemini to implement Trintech's Cadency solution in support of new processes, a drive for automation, and significant change management. After choosing to implement Cadency over BlackLine, ABB has achieved a single, standardized approach to balance sheet management on a global scale. Reconciliations have required less manual effort due to increased automation and the application of a risk-based strategy. ABB is now able to focus on the risk rating of their balance sheet, with high-risk accounts, such as bank accounts, being reconciled each month with low risk accounts on a less frequent reconciliation cycle.

Furthermore, a global, industry-leading office experience solution provider and a Fortune 150 real estate firm both recently came to Trintech from BlackLine, needing a more complete Record to Report solution with a proven compliance framework ideal for large enterprises. In another instance, a Fortune 20 retailer who previously used the BlackLine solution as a workflow tool for their account reconciliations decided to implement Trintech's Cadency solution to support a broader financial transformation initiative that extended well beyond their limited BlackLine implementation.

"We don't provide a one-size-fits all solution, and that's by design – a truly effective solution for the office of finance shouldn't be," said Mackintosh. "The needs and requirements of mid-sized organizations versus large enterprises are vastly different which is why Trintech has invested in two solutions, Adra and Cadency, to ensure we provide our customers with the most effective solution for their organization. When a competitor has only one solution to offer, it often means sacrificing a customer's requirements versus providing solutions built specifically to a customer or market's unique needs. As we continue to see Adra gain traction in the North American market, we're confident we'll see Trintech succeed in competitive displacements in the mid-market segment going forward as we are observing in the Enterprise market."

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, 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.

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Epazz Engages PCAOB Auditor in Order to Uplist to the OTCQB; Releases Contact Tracing Update to DeskFlex for Covid-19 Back to School

CHICAGO, IL, Aug 11, 2020 – (ACN Newswire) – via NEWMEDIAWIRE — Epazz Inc. DeskFlex (OTC: EPAZ), a cloud-computing software provider company, announced today that it has engaged a PCAOB Auditor to audit 2018 and 2019 financials. Once the audit is complete, the company will uplist to OTCQB to provide more substantial transparency to investors.

DeskFlex desk and room scheduling system releases its newest software feature, the Contact Tracing tool to prevent and contain a possible outbreak in the workplace, schools, and campuses. DeskFlex's Contact Tracing software screens students, faculty, employees, and registered users for symptoms of COVID infection upon logging into the system. It sends notifications to administrators when employees and students breach the social distancing protocols, and it allows contactless check-in and checkout reservations. Using the Contact Tracing tool, administrators can monitor contamination in their campuses and can act decisively to swiftly locate, notify, and isolate possibly infected individuals.

DeskFlex's desk booking system has been in the software business since 1997, providing exceptional desk hoteling and intelligent conference room booking software that is useful in many industries, including Education, Health, Finance, Business, Government, and Enterprise. Epazz acquired DeskFlex in 2008 and has been making significant updates to the office hoteling system. Since the start of the COVID-19 pandemic, DeskFlex's room booking system has been continuously upgrading its office reservation software to tighten health safety and security in the offices, schools and financial districts.

DeskFlex's desk hoteling software integrates COVID compliant software and hardware devices such as the Social Distancing, Automatic Desk Sanitation, Visitor Management, Bluetooth beacons, Thermal Scanner, Mask Detection and Contactless Room Displays. The software upgrades aim to provide organizations the essential tools and technology to make offices, classrooms, and campuses safe for students, faculty, and employees.

According to Shaun Passley, Ph.D., CEO of Epazz, Inc., "We are pleased to announce that DeskFlex's desk & room booking software is now more adept in preventing COVID-19 infections from happening in the offices and schools by automation of desk sanitation, integrated contact tracing ability, monitoring visitor, social distancing features, mask detection, and thermal scanners. Our team works hard to continuously improve our room scheduling system in order to better prevent and contain infection in the offices and schools."

About DeskFlex.com

DeskFlex is a desk booking solution and room reservation software for conference rooms, workspaces, desks, car parking spaces, equipment, hoteling, and HotDesking, which helps office managers accommodate the occasional needs of mobile workers while reducing rent and facility costs. DeskFlex lets employees reserve space 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, 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 are 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
(312) 955-8161
www.epazz.com

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

Software AG partners with Universitas Gajah Mada (UGM) to drive digitalization in Indonesian Government Sector

Yogyakarta, Indonesia, Aug 10, 2020 – (ACN Newswire) – Software AG has announced a strategic partnership with Universitas Gajah Mada (UGM), Indonesia's leading public University, to drive digitalization in the Indonesian Government Sector and prime UGM graduates entering the job market. The partnership will begin with two initial steps:

The first, an Educational Webinar on August 14, open to all government officials.

Software AG and UGM will host a Webinar on Digital Transformation in the Indonesian Government Sector.
UGM will present their most recent findings, including challenges to the digitalization efforts of government bodies in Indonesia, and recommend strategies for a fast start to becoming a truly digitalized government.
Software AG will showcase highly relevant use cases from various government bodies in the US, UK, Germany, Singapore and Australia.

The second step is an Academic Partnership.

Software AG will provide a market-oriented education through UGM, giving graduates entering the job market an excellent head start, forming an integral and critical part of the digital transformation of the nation.

Prof Ir Panut Mulyono, Rector of UGM, said, "A close collaboration between the private sector and academia is essential. This is in line with our Minister of Education and Culture Nadiem Makarim's Independent Campus Policy, where universities are encouraged to develop partnerships with world class companies. With the upcoming Webinar, we provide thought leadership, views and ideas for the government sector to digitally transform in a safe and sustainable way; and with the Academic Partnership we are upskilling our students to support this transformation with a highly qualified workforce in the future."

Anneliese Schulz, President of Software AG Asia Pacific Japan, said, "What excites me the most is the opportunity to support upskilling student talent into world class tech professionals, who will contribute to the development of the nation. And when we look into government digitalization efforts in Indonesia and elsewhere, integration is a key enabler to modernize and innovate. As the world leading integration technology provider, we can share proven use cases from various sectors as well as the key learning from government bodies worldwide which will benefit Indonesia greatly."

The Ministry of Administrative Reform measured the e-government maturity level over 616 government institutions in 2018, and concluded that a majority of government institutions have been implementing e-services, particularly for internal work. However, these e-services share common problems: lack of integration, unsustainability, and low use, pointing to an absence of integrated and holistic policy, and partial planning and strategies in implementing e-government. Before 2018, there was no guidance and standard to develop e-services. As a result, "many government institutions in Indonesia have only developed partial e-services, even in the sake of innovation." (GovAsia https://tinyurl.com/yyvsn3k6)

About UGM
Gadjah Mada University is a public research university located in Yogyakarta, Indonesia. Officially founded on 19 Dec 1949, UGM is one of the oldest and largest institutions of higher education in the country, and among the best in many areas. Following its internationalisation programme, the setting at UGM continues to grow in an Indonesian as well as international atmosphere.

About Software AG
We reimagine integration, spark business transformation and enable fast innovation on the Internet of Things so you can pioneer differentiating business models. We give you the freedom to connect and integrate any technology – from app to edge. We help you free data from silos so it's shareable, usable and powerful – enabling you to make the best decisions and unlock entirely new possibilities for growth. Learn more about Software AG and Freedom-as-a-Service at www.softwareag.com.

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