Vingroup’s Successful Research on Facial Recognition Technology That Can Identify People in Masks

HANOI, VIETNAM, Apr 20, 2020 – (ACN Newswire) – On April 20, 2020, VinAI Research, a Vingroup-funded research laboratory, announced its results of a successful study on facial recognition technology that can identify people wearing face protective masks with stable accuracy. VinAI Research has become one of the first units in the world to successfully study this technology. VinAI is willing to provide the recognition technology to the community for free to contribute to the prevention of the ongoing COVID-19 pandemic.

VinAI's system uses a new and unique deep learning model developed by experts of the Institute for research and application of optimisation (VinOptima), to study a method with stable accuracy to identify people who may have their faces covered.

This deep learning model designed to reproduce activities of neural networks in the human brain, allows training and automatically extracting valuable information of part of the face to address the recognition problem when people use masks.

The study shows that The VinAI's system has significantly better accuracy than the current technology when identify people wearing face masks. Advantage of VinAI's recognition technology is a different algorithm and application of identification technology.

VinAI's recognition system only uses information from normal camera sensors while other recognition technologies use infrared and depth sensors. Therefore, the cost of VinAI's products will not be high and can be easily integrated into existing camera systems. The products will be widely applied into the employee time tracking and authentication systems of businesses.

"Masks are essential item in the COVID-19 prevention rules, but when users wear masks, the accuracy of current facial recognition technology can be reduced by more than 50 per cent. Therefore, VinAI has urgently developed this technology to promptly meet social needs." – Dr. Bui Hai Hung (Director of VinAI Research) said.

VinAI has also found a solution to automatically monitor users wearing masks on cameras. This solution can actively support the management of spacing among people in organisations and companies when they return to work after the pandemic.

VinAI Research is cooperating with VinSmart electronic equipment manufacturing company to install the new technology on Vsmart phones, allowing users conveniently unlock phone by facial recognition.

The applications on Vsmart also makes VinAI become one of the first units in the world to apply identification technology without removing face masks on commercial products.

Besides the commercialisation, VinAI is ready to provide this latest technology to partners for the purpose of serving public health during the COVID-19 pandemic.

The achievement not only has practical significance on a global scale, but also affirms Vingroup's transformation into a leading technology corporation in Vietnam which has step-by-step adapted to advanced global and complex technologies.

References:
VinAI Research was established on April 17, 2019. In just one year, the institute has made two AI technology researches that were announced at the world's leading conference on AI in Canada, that made Vietnam only the second country in the region to have projects published at this conference.

The world's recognition technologies: The system of facial recognition is an app that can identify people from their photos or videos like FaceID from Apple, DeepFace from Facebook, Rekognition from Amazon. These technologies currently do not solve the problem of identifying people in masks.

Media Contact:
info@vingroup.net

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

Trintech Offers Cadency Close Management at No Cost to Help Large Enterprises Manage Their Close Process Virtually

DALLAS, TX / ACCESSWIRE, Apr 16, 2020 – (ACN Newswire) – As finance & accounting (F&A) teams adjust to a new way of working with a dispersed remote workforce, Trintech announces that its enterprise-grade Cadency Close Management solution will be available at no cost, for up to 6 months, to help large enterprises manage their close process virtually. With this offer, Trintech's professional services team will assist in the implementation and configuration of the solution including building, organizing and importing your close checklist into Cadency. In addition, they will provide training and support to help your team achieve greater visibility and control, leading to a more resilient organization.

"We operate in 40 countries, have 225 entities, and buy 6-12 companies a year," said Jim Agnew, SVP Corporate Controller at Ingram Micro, Inc. "With Cadency Close, we have visibility into the financial close process daily, as well as harmonization and standardization across all our countries and entities. So, a close process being done in Peru is the same process being done in Germany or the United States."

Cadency Close Management integrates with all key Record to Report activities including account reconciliation and certification, journal entry management and compliance, quickly preventing "white space" breakdowns. With a dashboard-driven management framework, the solution allows your finance team to identify bottlenecks and communicate potential issues early and often, greatly reducing the possibility of missed deadlines. In addition, an eBinder creates a thorough record of all actions, making it easy to retrace every facet of the financial close. According to a third-party research study, Cadency Close Management customers have seen up to a 30% reduction in time to complete close tasks and up to a 99% reduction in time to support external auditors[1].

"Transparency, automation and standardization have always been critical to Finance & Accounting organizations, but the transition to a completely remote workforce has only exacerbated this need," said Teresa Mackintosh, Chief Executive Officer at Trintech. "As a trusted advisor to finance and accounting professionals across the globe, we want to ensure we are providing these organizations with as many resources as possible to help drive their businesses forward and alleviate some stress during this time. This offering will provide new and existing customers increased visibility and control, leading to a more resilient organization."

Included with the offering of the Cadency Close Management solution, organizations can gain full access to Trintech's Customer Success Center consisting of educational online resources and self-led training materials, a knowledge base, and forums where you can ask questions and share best practices with other Cadency Close Management users.

"During this unprecedented time, Cadency along with our teams have helped to ensure the accuracy and quality of our financial statements while working remotely," said Jackie Peters, General Accounting Design, Process and Systems Senior Manager at HP.

Trintech is also working very closely with our strategic partners, such as KPMG LLP, to help customers adapt to this new environment and prepare them for what to expect. Trintech and KPMG will be hosting a virtual panel on Thursday, April 16th, to give companies insight into topics like, how this new way of working will affect the next audit cycle, how to conduct a virtual close, and the risks to consider from a cybersecurity perspective when working in a virtual environment.

"With the global workforce shifting to new delivery models, we've seen clients that have embraced technologies such as Cadency more quickly in order to adapt to unique circumstances brought about by COVID-19," said Scott Cohen, Advisory, KPMG LLP. "It is more important than ever to strengthen organizations through technology and promote collaboration, remote etiquette, and visibility as we navigate our recovery and new reality."

If you are interested in using the Cadency Close Management solution, you can contact us here to get started. https://go.trintech.com/Cadency-Close-Offer-NA.html

Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

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 KPMG LLP

KPMG is one of the world's leading professional services firms, providing innovative business solutions and audit, tax, and advisory services to many of the world's largest and most prestigious organizations. KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to community service, inclusion and diversity, and eradicating childhood illiteracy. Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities. KPMG LLP is the independent U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's independent member firms have 219,000 professionals working in 147 countries and territories. Learn more at www.kpmg.com/us.

[1] 2017 Cadency ROI Study, Hobson & Company

Media Contact:
Kelli Shoevlin
+1-972-739-1680
Kelli.Shoevlin@trintech.com

SOURCE: Trintech, Inc.

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

Trintech Offers Cadency Close Management at No Cost to Help Large Enterprises Manage Their Close Process Virtually

WebNIC in Partnership with Alibaba Cloud to Offer First Online Channel Cloud Computing Reseller Service in Southeast Asia

KUALA LUMPUR, Apr 7, 2020 – (ACN Newswire) – Web Commerce Communications Limited dba WebNIC, a leading Asian domain name registrar is expanding its services by partnering with Alibaba Cloud, the data intelligence backbone of Alibaba Group, to offer cloud computing service in the SEA region. As the first online channel reseller in the domain business of Alibaba Cloud, WebNIC aims to help bridge the technical gap of cloud computing for small and medium enterprises (SME) to drive stronger cloud adoption across all industries through this partnership with the largest cloud computing provider in APAC.

WebNIC CEO, TK Tan and GM of Online Business at Alibaba Cloud International, Bridge Song posed for a photo to comemmorate the partnership.

The partnership will position WebNIC as a distributor of Alibaba Cloud to serve the SME of the SEA region. With 20 years of extensive experience in the Internet industry, WebNIC has a solid and proven track record in delivering quality reseller services. The partnership will position WebNIC as the SEA region's first company to offer an online channel for cloud computing reseller service.

WebNIC follows the belief in accelerating partners' growth through high-value propositions, and are continually looking to expand its services to assist in the growth of its resellers. WebNIC believes the strategic partnership with Alibaba Cloud will benefit its resellers in the cloud computing era.

"Currently, cloud adoption is stronger mainly in large enterprises, while much weaker at the SME due to the lack of technical expertise among them," commented TK Tan, CEO of WebNIC. He further added, "WebNIC aspires to become the enabler of cloud computing for SME and our approach is to bridge this technical gap for them with our extensive technical experience and reseller channels. We hope to stimulate more SME to migrate their services to cloud computing."

"At Alibaba Cloud, we follow the Group's mission to make it easy to do business anywhere. We are proud of our role in supporting enterprises of all sizes through our proven technology capabilities. Alibaba Cloud will keep working closely with local partners to provide tailored products and solutions to our customers, to further accelerate SME cloud adoption and support them to thrive in the digital era," said Selina Yuan, President of International Business, Alibaba Cloud Intelligence.

To help businesses cushion the impact of the COVID-19 pandemic, WebNIC is offering a special incentive of Alibaba Cloud sign-up packages to help them move their business online. Please find out the details at https://www.webnic.cc/alibaba-cloud.

About WebNIC

WebNIC operates a digital reseller platform covering primarily domain name registration for 600 TLDs, web security services, email and cloud services. With offices in Singapore, Kuala Lumpur, Beijing, Taipei and Jakarta, we serve 5,000 active resellers in over 70 countries. With 20 years' experience, WebNIC accelerates its reseller growth through a robust platform, attentive support and wholesale pricing. Please visit https://www.webnic.cc for more information or email us at inquiry@webnic.cc.

Media contact:
Trish Ng
WebNIC Marketing Manager
trish.ng@webnic.cc

Related Links
– WebNIC Reseller Program: https://www.newsfilecorp.com/redirect/VGgQSO3v
– About WebNIC: https://www.newsfilecorp.com/redirect/zP5QULwz

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54156

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

Trintech Partners with Sage to Help Businesses Simplify and Accelerate Financial Close Processes

DALLAS, TX / ACCESSWIRE, Apr 3, 2020 – (ACN Newswire) – Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, today announced a technology partnership with Sage to help companies simplify and accelerate financial close processes. As part of this partnership, Trintech has created a pre-built, Sage Intacct-certified connector for its Adra Suite, allowing companies to reduce the cost and time associated with data integration between the two solutions.

"With this Trintech partnership, businesses leveraging the powerful cloud financial management capabilities of Sage Intacct can seamlessly integrate with Trintech's Adra Suite to achieve greater visibility and control over their financial close process," said Eileen Wiens, VP of Business Development for Sage Intacct.

Currently available in the Sage Intacct Marketplace, Trintech's pre-built, Sage Intacct-certified connector automatically retrieves the data required in the reconciliation and close process, removing manual processing requirements and reducing dependency on internal IT organizations. The connector leverages Sage Intacct APIs to obtain open accounts, limits the request to specific accounts, and retrieves GL balance or transactions for integration with the Adra Suite. With this integration, organizations remove ongoing support and custom code costs – increasing the organizations ROI.

"The combination of Sage Intacct and our Adra Suite helps companies establish an operational framework to reduce expense and time, while better fulfilling organization expectations," said Darren Heffernan, President, Mid-Market at Trintech. "Together, we provide innovative solutions that help finance and accounting teams achieve shorter close cycles and better controls, enabling them to focus their time and effort on helping achieve the strategic directions of their organizations."

Deployed by over 1,800 companies across the globe, the Adra Suite provides cloud-based, financial close and reconciliation solutions for companies looking to quickly increase the efficiency, control and visibility for all key areas of the financial close process including: balance sheet reconciliations (Adra Balancer), transaction matching (Adra Matcher), and financial task management and controls (Adra Task Manager).

Businesses interested in the Adra Suite or Sage Intacct solution can request more information at https://www.trintech.com/adra/schedule-a-demo/ or on the Sage Intacct Marketplace.

About Trintech

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

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

Media Contact:
Kelli Shoevlin
+1-972-739-1680
Kelli.Shoevlin@trintech.com

SOURCE: Trintech

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

US Lighting Group Develops UV LED Light Bulb to Help Fight the Spread of Viral Pathogens Like COVID-19

EASTLAKE, OH / ACCESSWIRE, Apr 3, 2020 – (ACN Newswire) – US Lighting Group, Inc. (OTCPINK:USLG) today announced it is developing a new UV LED Plug-n-Play 4-foot, commercial bulb to replace traditional florescent lights to help combat viral pathogens like COVID-19 using ultraviolet light technology to sterilize surfaces. Paul Spivak, CEO of the US Lighting Group, currently holds two patents issued by the United States Patent and Trademark Office. Patent No. 6828576 and Patent No. 7229467 were issued for UV LED Light Projection Method and Apparatus using ultraviolet and LED lighting technology.

"We are ecstatic to announce that we have engineered the latest Plug-n-Play 4-foot, commercial replacement bulb with our UV LED lighting technology. The US Lighting Group manufactures commercial LED light bulbs, so adding our patented UV LED lights to our existing LED light bulb will put the company light years ahead of the industry," said Paul Spivak, CEO of the US Lighting Group. "These UV LED light bulbs have the potential to disinfect viral agents in critical areas including hospitals, supermarkets, schools, airports, medical labs, senior care centers, fire and police stations. We anticipate a significant growth potential for the company from the development of our new UV LED light bulb."

Scientific research has proven that UV lights have the capability to disinfect pathogens like flus and superbugs. UV LED lighting will be effective in helping to disinfect viral pathogens giving patients, customers, workers and families a measure of protection against the spread of infections. Other applications that use ultraviolet lighting include Vitamin D generation, an essential vitamin which many people lack. The US Lighting Group's UV LED lighting can also be employed in schools, government buildings, office buildings, and hotels. Germicidal UV lighting products have an effective success rate in sterilizing pathogens based on scientific research.

About U.S. Lighting Group, Inc.

US Lighting Group (OTC:USLG) and its wholly owned subsidiary, Intellitronix Corporation, are leading manufacturers of electronics, supplying growth sectors such as LED lighting, custom designed LED products, microprocessor-controlled LED instrumentation, custom private labeled electronics, automotive, RV, and marine electronics, and high-tech robotics utilizing our own in-house proprietary artificial intelligence. The company has manufacturing and R&D facilities in Cleveland, Ohio with an international sales distribution network. www.uslightinggroup.com

Forward-Looking Statements

Statements included in this press release, other than statements of historical fact, are forward-looking statements made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are typically, but not always, identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements.

Contact

US Lighting Group
34099 Melinz Pkway, Unit E
Eastlake, OH 44095 USA
T: +1 216.896.7000 ext. 207
shareholder-relations@uslightinggroup.com

SOURCE: US Lighting Group, Inc.

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

Trintech Offers Adra Task Manager at No Cost to Help Organizations Close Their Books Confidently While Working Remotely

DALLAS, TX / ACCESSWIRE, Mar 31, 2020 – (ACN Newswire) – In the midst of the current crisis, many finance & accounting (F&A) teams across the globe are navigating unchartered waters as they approach month end close with a dispersed remote workforce. As a leading provider of financial software solutions, Trintech announced today that its best-in-class Adra Task Manager solution will be available at no cost, for up to 6 months, to help mid-sized organizations close their books confidently while they work remotely. This SaaS-based solution is deployed remotely and can be up and running in minutes, fully functional within a day or two, ensuring accuracy and simplifying your existing processes.

Diane Foss, Director of Finance at Genesis Systems recently stated, "I'm really glad we implemented both Adra Task Manager and Balancer, especially with the current situation. We do have quite a few of our departments working from home now and Adra will help so much in keeping track of where we are at with our upcoming close since we aren't a shout away from each other."

With Adra Task Manager, task lists are built with clear and concise instructions that create ownership and accountability across your remote organization. Real-time dashboards allow managers to check progress anytime and from anywhere to help identify issues that need immediate attention, and to ensure clear, efficient communication. Notifications and alerts keep teams on task, with archived comments to streamline future communications. The approval workflow and built-in segregation of duties provides needed governance and control, with an audit trail automatically created to allow for consistent tracking.

"As someone who has worked in Finance for 20+ years and was the previous CFO of Trintech, I know firsthand how stressful the month-end process can be, especially during a dynamic time like this," said Darren Heffernan, President, Mid-Market at Trintech. "As organizations navigate their new "normal" of working remotely, we will be offering our Adra Task Manager solution at no cost for up to 6 months to help ease this transition. This offering will provide new and existing customers increased visibility and control, helping them close their books confidently each month."

In addition to the offering of the Adra Task Manager solution, organizations can gain full access to Trintech's Customer Success Center consisting of educational online resources and self-led training materials including pre-built templates that simplify setup, a knowledge base, and forums where you can ask questions and share best practices with other Task Manager users.

If you are interested in using the Adra Task Manager solution, you can contact us here to get started. https://go.trintech.com/AdraTaskManager-Offer.html

Currently deployed by over 1,800 companies across the globe, the Adra Suite provides cloud-based, financial close and reconciliation solutions for companies looking to quickly increase the efficiency, control and visibility for all key areas of the financial close process including: balance sheet reconciliations (Adra Balancer), transaction matching (Adra Matcher), and financial task management and controls (Adra Task Manager).

About Trintech

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

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

Media Contact:
Kelli Shoevlin
+1-972-739-1680
Kelli.Shoevlin@trintech.com

SOURCE: Trintech, Inc.

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

Japan’s Leading Team Collaboration Platform Company, Cybozu Announces Asia Business Strategy

TOKYO, Mar 31, 2020 – (ACN Newswire) – Cybozu, Inc. (Head Office: Chuo-ku, Tokyo; CEO: Yoshihisa Aono; hereinafter "Cybozu") held a presentation on February 25, 2020, to announce its financial results for the previous fiscal year, as well as its business strategy for the current fiscal year highlighting its steady business performance and its future strategy for strengthening the sales system for kintone – Cybozu's flagship product – in the Asia Pacific region.

In January 2020, a new Business Strategy Office was established to strengthen the global deployment of Cybozu's sales expansion. In particular, kintone – a cloud-based app for work improvement – is seeing steady sales in the Asia Pacific region, where it is used as a platform by companies implementing the latest work styles. Going forward, Cybozu intends to continue to focus resources on this flagship product.

Strengthening activities with a view to establish a sales system in Cambodia within 2020:

To date, sales have started in major cities located in eight countries in Southeast Asia (Singapore, Malaysia, Thailand, Indonesia, Vietnam, Philippines, Myanmar, and Laos). Cambodia will be the ninth country where partners are located. In addition, there is also a study underway to examine the establishment of local subsidiaries in these nine countries. Cybozu will strengthen activities aimed at establishing a globally common sales system and business model within three years.

Focusing on human resource development:

In order to strengthen activities in the Asia Pacific region, Cybozu will also actively recruit students from the Asia Pacific region and focus on developing human resources that may play active roles in their home countries in the future.

Comments from CEO Yoshihisa Aono:

"With 'creating a society brimming with teamwork' as our vision, Cybozu offers tools globally for creating information-sharing platforms for all kinds of teams. As the improvement of productivity and work efficiency is pursued everywhere, we strongly feel the need for tools that can achieve these goals in the rapidly growing Asia Pacific region. Cybozu, in particular, is well-versed in the software as a service (SaaS) business that utilizes cloud-based technology and has become the standard in recent years. We believe that we can lead the market in this business.

Looking at the future, cloud tools capable of communication regardless of location will become essential during emergencies such as a pandemic. In Japan, there are already cases of cloud tools being used as a platform for virtual offices. Going forward, we intend to take advantage of our knowledge to reach the global market and to further strengthen activities to improve work efficiency and teamwork with companies seeking new working styles or preparing for emergencies."

kintone's sales performance:

– Total number of companies in Asia Pacific region using kintone: 590 in fiscal 2019 (39% increase from the previous year)
– Examples of companies using kintone: Gojek in Indonesia, Seiko (Thailand) Co., etc.

Cybozu's consolidated sales in fiscal 2019 was approximately 13.4 billion yen (28% increase from the previous year), with more than 70% coming from cloud-related sales.

About kintone (www.kintone.com):

kintone is a platform provided by Cybozu, Inc. for developing work apps. It allows the development of work apps according to the customer's purpose, including sales management; customer management; project management; visualizing business progress; to-do lists and tasking of teams; and communication across departments.

Applications can be developed without programming. In Japan, kintone is used by 14,000 corporate customers and is also increasingly being utilized globally, mainly in the United States, China, and Southeast Asia. Currently, seeking to move from No. 1 in Japan to No. 1 in the world, efforts are being undertaken in product internationalization and global sales.

Company overview:

Since its establishment, Cybozu has been developing collaboration tools that can utilize Internet technologies. To date, Cybozu's products have been used by more than nine million people globally. Financial results have grown since the cloud service kintone was released in 2011, and currently, Cybozu's operating profit is growing 57% year-to-year.

For Cybozu's global business, sales in China are undertaken by its fully-owned subsidiary Cybozu IT Shanghai Inc., while the fully-owned subsidiary kintone Corporation (Cybozu U.S.) undertakes sales in the United States. kintone Corporation is also recognized by leading companies in Silicon Valley and continues to expand there, having already carried out implementation at the ride-sharing company Lyft, Inc. The Cybozu Asia Partnership Program has been rolled out in Southeast Asia to bring activities closer to the respective local regions.

For media inquiries, please contact:

Etsuko Nagayama, Business Marketing Division, Cybozu, Inc.
27F Tokyo Nihombashi Tower, Nihombashi 2-7-1, Chuo-ku
Tokyo, Japan 103-6027
Email: cybozu-global@cybozu.co.jp

* Product names stated are the registered trademark or trademarks of the respective companies. In addition, Cybozu's products may include work(s) of other companies. Please see the following link for notes regarding each trademark or work. https://cybozu.co.jp/logotypes/other-trademark/

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

EXO’s Suho celebrates his first solo EP “Self-Portrait” with a ‘Live’ #TwitterBlueroom Session

SEOUL, KOREA, Mar 26, 2020 – (ACN Newswire) – Twitter Korea will host a 'live' #TwitterBlueroom Q&A session with Suho, member of the popular Kpop boy band EXO (@weareoneEXO), on March 26th at 6PM KST. A special emoji has been created in line with the theme of his first EP titled "Self-Portrait," which will appear automatically when fans use the hashtags #SUHO, #Self_Portrait, and #LetsLove from March 26th onwards. Suho's first solo EP will be officially released on March 30th.

https://twitter.com/weareoneEXO/status/1242420926685138948
Photograph: Suho's Tweet announcing his live Q&A session on #TwitterBlueroom

In this special Q&A session, Suho will share more about his new album "Self-Portrait," his plans as a solo artist, and what he has been up to recently. Fans can watch the live #TwitterBlueroom on EXO's official Twitter account (@weareoneEXO), and interact with him directly using the hashtags #TwitterBlueroom and #SUHO, or within the live chatroom.

Furthermore, Suho will be doing a special unboxing segment during his live #TwitterBlueroom. He will unveil his EP package for the first time, which consists of an album cover, booklet, postcards, as well as regular and special photo cards.

Suho will also feature the winning illustrations from the drawing contest entered using the hashtag # [*1] (Drawing Contest for the World's Best, SUHO) held on EXO's official Twitter account (@weareoneEXO) earlier this month. Fans had to post illustrations of SUHO on Twitter with the hashtags, #SUHO, #Self_Portrait, # [*1], and more. The contest received overwhelming submissions from fans all around the world, propelling the hashtag # [*1] to trend as it had more than 100,000 mentions between March 12th to 20th (data as of March 24th).

Meanwhile, after Suho Tweeted a video teasing his EP promotion schedule on March 16; the hashtag # [*2] (Our Jun-myeon), which is Suho's real name, quickly trended No. 1 on Twitter. The hashtag #AskSUHO also trended No. 1 worldwide on Twitter after he Tweeted about his #TwitterBlueroom on March 24.

Check out the hashtags #SUHO, #Self_Portrait, and #LetsLove; or follow @weareoneEXO to stay updated with Suho's first EP launch and what's happening on Twitter!

About Twitter

Twitter, Inc. (NYSE: TWTR) is what's happening in the world and what people are talking about right now. On Twitter, live comes to life as conversations unfold, showing you all sides of the story. From breaking news and entertainment to sports, politics and everyday interests, when things happen in the world, they happen first on Twitter. Twitter is available in more than 40 languages around the world. The service can be accessed at twitter.com, on a variety of mobile devices and via SMS. For more information, visit about.twitter.com or follow @TwitterKorea. For information on how to download the Twitter and Periscope apps, visit twitter.com/download and periscope.tv.

Media Contact
Heejung Shin
Twitter Korea
Email: Heejungs@twitter.com
Twitter: @xinxi1

Some terms in this release are displayed in Korean as indicated with asterisk. Please refer to the full release at https://www.media-outreach.com/View/31079/

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

Leyou Technologies Announces 2019 Annual Results

HONG KONG, Mar 26, 2020 – (ACN Newswire) – The global market leader in free-to-play multiplayer online games, Leyou Technologies Holdings Limited ("Leyou Technologies", and its subsidiaries collectively "the Group"; stock code: 1089) is pleased to announce its annual results for the year ended 31 December 2019 ( the "reporting period").

During the reporting period, total revenue of the Group slightly decreased by 5.9% to US$214.2 million. Gross profit amounted to US$121.8 million (2018: US$141.5 million). The Group's EBITDA was US$49.6 million (2018: US$67.0 million). Nevertheless, excluding non-recurring items of impairment losses and equity-settled shared-based payment expenses, adjusted EBITDA only reduced slightly by 2.4% to US$83.2 million.

Mr. Xu Yiran, Chairman and Chief Executive Officer of Leyou Technologies said, "2019 was a challenging and inheriting year. Despite a declining trend in the sales of current-generation consoles, the total number of registered users of our flagship product Warframe recorded impressive growth of 19.5% to 57.5 million, affirming the Group's strong online game development and publishing capabilities. In addition, the co-development agreement between the Group and Amazon Game Studios to co-develop and co-publish a game based on The Lord of the Rings will enable the Group to develop the game on a larger scale with greater complexity of characters and richness in contents and for more platforms. Looking forward, the Group will continue the content updates for Warframe, and proactively expand Warframe to more platforms such as the next-generation consoles and other devices, to maximise returns to all shareholders."

Business Overview
Game Development and Publishing Business
Game development and publishing business is currently the Group's main source of revenue. This segment covered several free-to-play ("F2P") online games distributed globally, as well as a series of new products in development. In terms of financial results, the revenue and profit of this segment were mainly contributed by Warframe, a flagship product of the Group. During the reporting period, large-scale AAA games with themes and gameplay similar to Warframe were launched. The strong market promotion of these highly competitive new products inevitably diverted market attention from Warframe to a certain extent. With the next-generation consoles to be released by the end of 2020, the number of new console players reduced accordingly. Also, due to the size and scale of the development work related to Empyrean, a milestone content update for Warframe, the update cadence was temporarily affected and less new game content was released during the reporting period. The three aforementioned factors impacted the performance of Warframe; revenue of the game consequently reduced by 12.2% year-on-year.

During the reporting period, Warframe remained its position as one of the most popular F2P properties worldwide. Warframe adhered to its strategy in content updates. Subsequent to the successful release of Plains of Eidolon in 2017 and Fortuna in 2018, the Group launched Empyrean, another milestone content update for Warframe. Similar to the addition of open world environments, Empyrean will become another pillar of the Warframe experience which further expands the possibilities for players and future development. Warframe steadily sits amongst the top 10 of all game genres in terms of the number of players and playtime on Stream, and has a 92% positive review score from players. Warframe is one of the top F2P games on PlayStation 4 and Xbox One in terms of revenue, and the game also won the Steam Platinum Best-selling Game (12 games with the highest annual total revenues) and the Games with Highest Simultaneous Online Users (6 games with the highest numbers of simultaneous online users) in 2017, 2018 and 2019 successively, the only non-Valve (Steam's developer) F2P online game with such accolades on Steam.

The Group actively expanded Warframe to more platforms. Subsequent to the launch on Nintendo Switch in November 2018, Warframe has been officially available on Tencent Wegame since March 2019.

Work-for-hire and Other Businesses
During the reporting period, the Group's work-for-hire business recorded a total revenue of US$31.2 million, an increase of 22.3% compared to 2018. The increase was mainly contributed by Splash Damage Limited, the Group's AAA studio located in the UK. After the changes in the senior management team at the end of 2018 and early 2019, the studio adopted a more pragmatic management style with a greater focus on exceptional production quality. It successfully won multiple new deals, achieving steady revenue growth for the business. The Group had a number of new business deals on hand, which will bring stable cash income to the Group.

Other businesses mainly include the sale of merchandise goods, which generated revenue of US$0.9 million during the reporting period (2018: US$0.3 million).

New Products in the Pipeline
The Group continued to create original IPs or work with globally renowned IPs to develop new products. The Group currently has multiple projects under development, including Transformers, Civilization Online and other unannounced projects. Some of these products have entered the final stage of development and are expected to be launched in 2020. During the reporting period, the Group successfully acquired the IP authorisation of The Lord of the Rings, and will develop a F2P massively multiplayer online game based on its grand worldview. Combining the huge organic traffic of popular IP, with the Group's leading game development and publishing capabilities, the Group is capable to maximise the success rate of turning the new product into a blockbuster.

During the reporting period, the Group developed and published a casual F2P idle role-playing game Endless World. First under online testing in August 2019 on Steam, Endless World has been elected 2019 Game of the Year Award (New Release) on Steam in the same year. The Group continously devoted time and resources in new product lines in hopes of turning them into the Group's future competitive advantages.

Outlook
As a game changer in the global video game market, the Group is committed to providing more compelling games to a diverse user base while at the same time increasing the revenue growth momentum of the games. The Group will strive to increase the players' engagement and loyalty of existing major games and release more game contents with higher average revenue per user. The comprehensive product line will lay a solid foundation for the Group's profit growth in the next few years and bring better returns to its shareholders.

Mr. Xu concluded, "Despite the fluctuation in our financial performance to a certain extent during the reporting period, the management is confident in the Group's mid to long-term results. In the next few years, the Group will launch more flagship products in the market and bring more joy and pleasure to players. In the meantime, the Group understands that it is an arduous journey to grow a game development business, we will continue to be pragmatic and persistent so as to bring us further. The Group will continue to leverage its proven strategy, excellent products and reliable team, to maximise returns to all shareholders."

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. 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 92% 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 Online and The Lord of the Rings.

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