WIMI Hologram Cloud setting up Joint Venture to develop Semiconductor Business

HONG KONG, Jul 7, 2020 – (ACN Newswire) – WIMI Hologram Cloud Inc. ('WIMI' or the 'Company') (NASDAQ:WIMI) today announced that its wholly-owned Hong Kong subsidiary WiMi Hologram Cloud Limited ('WiMi Hong Kong') is setting up a joint venture to develop semiconductor business.

The Company believes that the application demand of holographic 3D vision in the semiconductor sector is growing rapidly, representing huge market potential. The establishment of the joint venture is conducive to the expansion of the semiconductor sector and the rapid integration of market resources. Furthermore, it will facilitate the Company's strategies of extending the holographic 3D vision software from the application layer to the chip field and combining software and hardware through the holographic 3D vision software solution, namely, the strategic derivative upgrade to the semiconductor sector. The Company has accumulated technological capabilities in the field of holographic 3D visual software technology, with hundreds of related patents and software copyrights. In the future, the Company plans to develop semiconductor business through integrating with IC design companies with core technology advantage, or through establishing research and development joint venture with chip factory to implement the supply chain upstream of the semiconductor research and development design, technical service and marketing strategies.

In addition to facilitating the rapid growth of the Company's performance, the Company believes that integration with high-quality semiconductor assets or cooperation with chip companies with strong technology will greatly enhance the Company's competitiveness and consolidate the Company's position in the industry of holographic 3D vision software application, thus supporting the its sustained growth in the medium and long term. At present, many technology companies, such as Qualcomm, Mediatek, Nvidia and other companies, have explored opportunities in artificial intelligence, 5G technology, the Internet of things, and other ecological systems. The market demand for upstream suppliers is no longer limited to simple electronic components or products supply. The market has put forward higher requirements of the suppliers' technical service ability, as well as their ability to provide comprehensive solutions and one-stop value-added services. With the increasing demand for holographic 3D vision-related semiconductor application solutions, the Company plans to combine holographic 3D vision application demand scene to provide corresponding semiconductor solutions to meet the market demand, and promote the application and popularization of holographic 3D vision technology in the semiconductor sector.

WiMi plans to invest in the semiconductor sector, acquire semiconductor-related assets and cooperate with chip factory in the future, so as to enhance the Company's technical service capability and retain current customers. At the same time, based on higher value-added technology, the Company will continue to improve its revenue capacity. In the next three years, the Company expects that the joint venture will develop relevant operations in the semiconductor sector, and WiMi is expected to embrace a new development.

About WIMI Hologram Cloud Inc.

WiMi Hologram Cloud, Inc.(NASDAQ:WIMI), whose commercial operations began in 2015, operates an integrated holographic AR application platform in China and has built a comprehensive and diversified holographic AR content library among all holographic AR solution providers in China. Its extensive portfolio includes 4,654 AR holographic contents. The company has also achieved a speed of image processing that is 80 percent faster than the industry average. While most peer companies may identify and capture 40 to 50 blocks of image data within a specific space unit, WiMi collects 500 to 550 data blocks.

Safe Harbor Statement

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company's annual report on Form 20-F and current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable laws. For more information, please visit http://en.wimiar.com/news/.

Company: WIMI
Name: Tim Wong
E-mail: pr@wimiar.com
Tele: +86 10 89913328

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

Singapore’s Leading B2B Tech Event Stack Rescheduled to 2021

SINGAPORE, Jul 2, 2020 – (ACN Newswire) – To ensure a safe exhibition experience for all visitors, speakers, exhibitors, partners, and staff amid the latest developments of the coronavirus (COVID-19) situation, the organizer of Cloud Expo Asia and its collocating events – CloserStill Media Asia, today announced the rescheduling of its Singapore tech events to 20th – 21st October 2021.

Originally planned to be held this October at Marina Bay Sands, the event stack was expected to see over 21,000 professionals in attendance, 400+ leading technology providers showcase their latest solutions, and 600+ expert speakers congregate to share the latest technological advancements and ideas.

The organiser's final decision of postponement was made after extensive consultation with government authorities and stakeholders, with the primary objective to safeguard the health and wellbeing of exhibitors and attendees.

With regards to the postponement, Managing Director, Andy Kiwanuka said, "Our stakeholders have come to expect an excellent experience at the business event each year, and we are committed to delivering on that expectation while ensuring everyone's safety. Thus, rescheduling the events is the only responsible course of action at this point. We appreciate everyone's support and understanding throughout this challenging time, and remain excited to bring to you Cloud Expo Asia and the co-located events in 2021."

Separately, as part of CloserStill Media's continued community engagement in Singapore, the organiser will host various "Thought Leadership Series" events incorporating virtual executive fireside chats, high-level digital round tables, targeted content-led marketing, as well as sector-specific mini tech events (physical and virtual) in early 2021.

CloserStill Media's next Technology event in Asia will be the return of Cloud Expo Asia, Hong Kong on the 23rd – 24th September 2020. Celebrating its 5th anniversary as the leading Tech industry event in the region, this edition will be the first hybrid version of the event (physical and virtual).

The organiser will closely monitor the coronavirus situation in collaboration with the government, health authorities and venues, to ensure a high level of hygiene and safety at the world-class events in September 2020 and October 2021. The team will be in touch with all confirmed exhibitors, speakers and partners to discuss their participation at the rescheduled events.

For urgent assistance, please email ceamarketing@closerstillmedia.com.

For more information on Cloud Expo Asia, Singapore and the co-located events, visit www.cloudexpoasia.com

Updates about the events will be shared on the following social media pages:

LinkedIn: www.linkedin.com/company/cloudexpoasia/
Facebook: www.facebook.com/CloudExpoAsia
Instagram: www.instagram.com/singaporetechshows/

For media enquiries, kindly contact Nic-cole Chia at n.chia@closerstillmedia.com.

About CloserStill Media

CloserStill Media specializes in international professional events chiefly in the technology markets, across five global territories. Its portfolio includes some of the UK's fastest-growing and award-winning events including Cloud Expo Europe and Data Centre World. Having delivered unparalleled quality and relevant audiences for all its exhibitions, CloserStill Media has been repeatedly recognized as a leading innovator with its teams and international events winning multiple awards in Europe and Asia including Best Marketing Manager – four times in succession – Best Trade Exhibition, Best Launch Exhibition, and Rising Star – two years in succession – among others.

For more information, visit www.closerstillmedia.com.

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

Fidentity Releases New Back to Work. Touchless Tools For Business, Employees and Visitors

FAYETTEVILLE, AR / ACCESSWIRE, Jun 29, 2020 – (ACN Newswire) – With the sudden outbreak of COVID-19, businesses must make changes to their regular operations. Fidentity, powered by Zenwork, Inc, is committed to the health and safety of your employees and visitors. One result of that commitment is the new additions to the Fidentity System. These new features enable organizations to create a safe and secure environment for anyone entering the workplace.

"As we saw the health risks multiply for anyone entering a place of business, we decided to speed up our implementation of several features we already had on the roadmap," said Sanjeev Singh, Founder, and CEO of Zenwork, Inc, the parent company of Fidentity. "The risk of endangering employee and visitor health has increased with the pandemic. As part of our mission to help companies achieve compliance through technology, we strongly feel these new features will aid companies in their goal to have a safe workplace for anyone who enters the building."

For more details Download Fidentity Brochure Now. https://pr.report/aGpHMeru

Fidentity's newly launched platform includes QR code and facial recognition based Touchless Employee Attendance, Visitor and Delivery Management System. Touchless Employee Management System component that Fidentity added to the already robust Visitor Management Software (VMS). The Fidentity Visitor Management System with Employee Management consolidates employees and visitors into one centralized system, creating an automated process that is efficient and completely touchless.

https://youtu.be/4Duz_aeDH20

In addition to newly added software features, ZenScan-Temperature Scanner with built-In Facial Recognition is Zenwork's latest hardware, incorporating AI-driven technology to combat COVID-19. Zenscan offers four features: temperature scanning, PPE scanning, facial recognition, and employee management software. These features increase safety precautions in the workplace and create an efficient touchless sign-in process for employees.

ZenScan checks everyone who enters the building for COVID-19 symptoms by conducting a forehead temperature scan, running facial recognition, and detecting if someone isn't wearing proper Personal Protective Equipment (PPE). ZenScan can be programmed to automatically deny or allow access into your workplace based on the employee being identified and passing the required health checks. Employees have the added benefit of being automatically clocked-in when they enter the building, with timestamps that sync to payroll.

For more information download Zenscan Brochure now! https://pr.report/iI5dJrFH

Nick Bondurant, Product Director for Zenwork, said, "Since the beginning of the COVID-19 outbreak, we have used our resources to make rapid changes to Fidentity, knowing that companies can use our products to keep their workplace safe."

In addition to the Employee Management System features, Fidentity has added Delivery Management. The Delivery Management Software enables companies to handle incoming deliveries, delivery locations, delivery notifications, and reminders with ease. When a package arrives, the recipient will receive a notification alerting them to pick up their package. With the growth of delivery services and the need for employees who cannot be at home when a package arrives to receive their package without the fear of theft, Delivery Management System provides an efficient method for companies to permit employees to receive their packages at work instead of home.

The new Fidentity features will assist businesses small and large to remain in compliance with changing CDC recommendations while making life easier for their employees at the same time.

About Fidentity

Fidentity.com is powered by Zenwork, Inc. is an AI-based Employee, Visitor, Delivery, and Event Management System which is cloud-based software designed to fully automate the check-in process for employees, visitors, delivery and event management. Fidentity will also track, store, and display employee and visitor information in real me. Fidentity allows organizations to create a customized touchless check-in process that maximizes visitor experience for everyone that enters the business.

Contact:
Name: Tim Johnson
Number 877-811-3829 – Option 7
Email: info@fidentity.com

SOURCE: ZENWORK INC

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

Transforming the SMART GRID with Fibocom 5G Modules

SHENZHEN, CHINA, Jun 3, 2020 – (ACN Newswire) – Fibocom (SHE: 300638), a leading provider of cellular embedded wireless module solutions for the Internet of Things (IoT), announced in April that its two 5G supported IoT modules, FM150(W) and FG150(W), had completed the first successful data call using an end-to-end data transmission service under a Chinese Standalone (SA) Structured 5G network. Download speeds skyrocketed, exceeding more than 2.5Gpbs under the ENDC mode.



How do these 5G modules work so fast?



5G is the fifth-generation technology standard for cellular networks. Its objective is to support three generic services with vastly heterogeneous requirements: enhanced mobile broadband (eMBB), massive machine-type communications (mMTC), and ultra-reliable low-latency communications (uRLLC). These capabilities make future scenarios more flexible, reliable, and secure when providing diverse services in the intended usage scenarios.

Both the Fibocom 5G modules FM150(W) and FG150(W) support 5G standalone (SA) and Non-Standalone (NSA) network architectures, provide an integrated multi-network compatibility with 5G Sub 6 and millimeter-wave bands and work both with LTE and WCDMA standards. This gives customers an edge in harnessing the full power of 5G networks' faster data transmission, vast network capacity, and ultra-reliable low latency.

The applications of Fibocom's 5G smart modules bring efficient cost-effective advantages to a vast number of industries. In this paper, we will look at the application of these 5G modules in the utility industry, specifically in smart grids.

5G Network Slicing Meets the Needs of Smart Grid Effectively

The term "Grid" refers to an "Electric Grid" fundamentally describing the complete network which includes transmission lines, transformers, distribution substation and all accessories that are used for delivery of electricity from generation plants to home and commercial scale. These services require a flexible and orchestrated network, high reliability, and millisecond ultra-low latency for its diverse needs.

Smart grid systems have provided the possibility of enabling two-way communication between electricity consumers and the distributor, thereby allowing distributors to manage and effectively handle electricity distribution. One of the primary reason technologies like smart grids are in place is because of the capabilities of 5G Network Slicing. 5G accommodates the connectivity requirements of multiple end-points and delivers flexibility at a low cost.

In the era of 5G, heterogeneous services are allowed to coexist within the same network architecture utilizing network slicing. Network slicing allocates network computing, storage, and communication resources among the active services intending to guarantee their isolation and given performance levels. This strengthens the security, reliability, and control over the network by creating slices within the network.

5G IoT Modules Empowering Smart Grid Applications

Production and control scenarios include intelligent distributed power, distribution automation, precise load control, distributed power control, supervisory monitoring, and fault localization. These scenarios aim to address power distribution network requirements, including ultra-low latency (15ms), ultra-reliable communication (99.999% reliability), and high-security isolation.

Management and information scenarios include low-voltage power consumption information collection and smart grid video applications. Networks are required to meet 100 ms latency, 99.9999% reliability, and 4-100 Mbit/s bandwidth requirements, as well as thousands of connections per square kilometer.

Line Differential Protection

Future smart grids will look profoundly different from the power grids used today. The increased number of renewables, like solar panels, will increase the need for cost-efficient, reliable communication to ensure the correct operation of the grid. Using a 5G macro network in line differential protection can be handled with wireless ultra-reliable low latency communication. The protection service can be delivered on the same band handling Mobile Broadband traffic. Fibocom 5G modules embedded in the DTU can monitor the power line transmission status in real-time, anywhere, without using local wired deployment, thus lowering the costs of network deployments.

UAV Inspection

UAV inspection is an innovative and safe way for the assessment of transmission towers and power lines, eliminating human risk. UAV inspections are mainly for maintenance with drone cameras and robots to access dangerous areas. With 5G's high speed and network capacity, Fibocom's FM150(W) and FG150(W) enable data transmission of high-quality resolution (4K/8K) videos which require high bandwidth requirements of over 100Mbps. These devices transmit a crystal-clear view of the maintenance area, making it easier to identify problems in emergency repair scenarios, reducing labor costs, and grid downtime.

Advanced Metering

Automatic meter reading is adapted into smart meters, which leads to applications such as dynamic load management, time of day rates, and net metering to name a few. It has also fueled many behind-the-meter applications such as customer-owned renewables through advanced metering.

Power companies, consumers, and first responders will gain real-time wireless control with 5G-enabled AMI networks, and a variety of sensors monitoring variables including electricity quality, temperature, pressure, rate of consumption, and more. These sensors send readouts directly to utility companies, where data is analyzed and reformatted into diagnostics that help users better understand their averages and monthly use comparisons. This usage information benefits users to improve their energy efficiency and costs. With 5G speeds and access already reaching the consumer market on a limited basis, we will see better performance, faster power reconnection after outages, and more cost-effective measures across AMI-equipped homes and facilities.

5G low-power wide-area (LPWA) connectivity facilitates this need with a longer battery life of devices using 5G enabled modules and expanded geographic coverage for connected devices. Advanced metering will reach its intended potential with the full rollout of 5G with the ability to have multiple end-point connections with 99.9% reliability.

AI and Power Prediction

A smart grid can help utilities conserve energy, reduce costs and carbon emissions, increase reliability and transparency, and make processes more efficient. By combining the current generation of these smart grid cutting-edge technologies with AI, it is possible to automatically adapt to changing conditions so prevalent and modify the grid as needed to improve efficiency. AI will ensure that smart grids are more user friendly by analyzing grid data, scenario and routine learning, and take action without any form of human intervention. 5G will support AI's high bandwidth and low latency requirements to improve power prediction patterns, energy production, and forecast usage more efficiently. Fibocom's 5G modules will aid in the transmission of the data required for AI to be functional in real-time.

Conclusion

Network slicing can create a customized industry-specific network for the power industry to better meet the security, reliability, and flexibility needs of smart grid services. 5G slicing technology can give priority to ensuring high-priority power services, and when necessary, through flexible slicing resource allocation to meet the needs of emergency security services. Fibocom's FM150(W) and FG150(W) 5G modules will enable the next leap in smart grids, reducing labor, costs, fossil fuel usage, and saving time. Eventually, leading to a sustainable greener environment.

About Fibocom Wireless Inc.
Founded in 1999, Fibocom is the first wireless communication module and Internet of Things (IoT) solution provider listed in China (Stock Code: 300638). Headquartered in Shenzhen, with R&D center in both Shenzhen and Xi'an, Fibocom is located globally in North America, Europe, India, Taiwan, and Hong Kong, serving customers over 100+ countries.

Fibocom's main product lines include 5G, LTE, SoC, NB-IoT/eMTC, HSPA+, and GSM/GPRS wireless modules, empowering customers from industries of consumer electronics, wireless payment, metering, security surveillance, and connected cars, etc. With Perfect Wireless Connection as our DNA, Fibocom is envisioned to improve smart life and make the all-connected world within reach. Visit www.fibocom.com.

Media Contact:
Ellie Yuan
info@fibocom.com
+86 755-26733555
www.fibocom.com


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

CloserStill Media Shortlisted for AEO Excellence Awards, Best International Show – APAC

SINGAPORE, May 6, 2020 – (ACN Newswire) – CloserStill Media has announced that its Singapore Technology portfolio (Cloud Expo Asia, Cyber Security Expo, Big Data & AI World, Smart IoT Singapore, Data Centre World, eCommerce Expo Asia and Technology for Marketing Asia) has been named a finalist for Best International Show – Asia Pacific in the annual AEO Excellence Awards 2020.

The AEO excellence awards represent the best that the events industry has to offer and showcases the amazing achievements from within the industry.

CloserStill Media's Singapore Technology portfolio comprises of 7 leading enterprise technology tradeshow and conferences, and in 2019, welcomed 21,897 (BPA-audited) in attendance at Marina Bay Sands – a 27.8% growth from 2018. The annual event enabled attendees to source from over 450 technology leaders like Citrix, Cisco Meraki, Google, Huawei, IBM, Oracle, & SAP; and gain insights into the most pertinent technology issues from global experts in the public and private sectors.

Of being shortlisted, Mr. Andrew Kiwanuka, Managing Director of Cloud Expo Asia said, "We're truly delighted to be named as one of the finalists for this highly contested and prestigious industry award. This reflects the continued growth and successful development of our international Tech trade show brand. The nomination also recognizes the significance the event now holds for the Tech community in Asia."

CloserStill Media is also shortlisted in the following categories for the AEO Excellence Awards:

– Best International Show – Europe: Frankfurt Tech and Paris Tech
– Best International Show – Americas: DevLearn 2019
– Best UK Tradeshow Between 2,000sqm – 8,000sqm: The Clinical Pharmacy Congress
– Best Conference: The Clinical Pharmacy Congress
– Organiser Team of the Year: CloserStill Operations Team

For more information on Cloud Expo Asia, Singapore and its co-located events, visit www.cloudexpoasia.com

About CloserStill Media

CloserStill Media specialises in international professional events chiefly in the technology markets, across five global territories. Its portfolio includes some of the UK's fastest-growing and award-winning events including Cloud Expo Europe and Data Centre World. Having delivered unparalleled quality and relevant audiences for all its exhibitions, CloserStill has been repeatedly recognised as a leading innovator with its teams and international events winning multiple awards in Europe and Asia including Best Marketing Manager – four times in succession – Best Trade Exhibition, Best Launch Exhibition, and Rising Star – two years in succession – among others. For more information, visit www.closerstillmedia.com.

For media enquiries, kindly contact Nic-cole Chia at n.chia@closerstillmedia.com.

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

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

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

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

TOKYO, Mar 24, 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

The Ramco Innovation Lab Singapore demos Touch-less Attendance System with Thermal Scan

SINGAPORE, Mar 19, 2020 – (ACN Newswire) – The Ramco Innovation Lab in Singapore today unveiled an advanced 'Touch-less' attendance system with embedded temperature scanning, to improve employee safety right from the entrance. The RamcoGEEK facial recognition system uses IoT based sensor doors, enabling organizations to move towards 'Touch-less' attendance and workplace access in the wake of COVID-19, and the focus back on 'Hygiene'. Ramco will offer the new system on a subsidized basis to Singapore enterprise (250+ employees), expressing gratitude to the city and its workforce where the Innovation Lab and Regional HQ are based.





The Ramco Innovation Lab introduced today's innovation based on Ramco's own facial-recognition attendance system, deployed globally across numerous organizations, combined with a thermal imaging device for temperature measurement and associated software. This enables organizations to track staff or visitors with high temperatures that may indicate infection, and build procedures to avoid further contamination caused by biometric scanners. Ramco Systems, headquartered in Chennai, India, is a global enterprise software specialist which has pioneered many HR-related innovations.

RamcoGEEK for Attendance with Temperature Capturing can detect and match the faces of staff members and mark their attendance along with temperature. Where facial-based attendance is a privacy concern, enterprises can replace it with voice to register access. The system is linked to IoT sensor-powered doors which can restrict access in cases where temperature is higher than normal and auto apply leave on behalf of employees. It communicates the information to HR and management in real-time and tracks the movements of a high-temperature staff in the workplace.

RamcoGEEK for Visitors system can send notifications when it encounters a person with a very high temperature to the facility manager/facility admin and track the movement of that person within that premise.

RamcoGEEK for Contact Tracing can send notifications to all those employees, customers, vendors and others interacted with in-person, in the event any person develops COVID-19 symptoms. Reverse Tracing can also be initiated based on data around positive COVID-19 cases from the external environment. For example, in a positive case of COVID-19 at a restaurant, RamcoGEEK can alert employees who dined at the restaurant to be quarantined based on bills raised.

"We have a major global health pandemic that has affected many. The spread of the disease has brought the focus back on Hygiene and Health of Employees. We built this application to help better address a crisis through technology. Robust containment through a robust attendance and access system with zero contact and temperature measurement can be a key to avoiding easy spread of the virus that can take place with a Biometric access system," said Mr. Virender Aggarwal, CEO of Ramco Systems.

"The launch of the advanced facial attendance system by Ramco Systems is timely, given global concerns over pandemic threats. We continue to see companies undertake a spectrum of innovation activities from Singapore, as they develop new products and solutions to address the needs and challenges of today," said Ms. Junie Fo, Director of Investment Facilitation at the Economic Development Board (EDB), which is backing the new Innovation Lab in Singapore.

Complete with chatbots, voice and facial recognition-based workforce management, organizations can deploy Ramco's HR with Global Payroll on-cloud, on premise or leverage as a managed service. The multi-tenant architecture with embedded intelligence and device agnostic features now serves more than 500+ clients worldwide. With innovative concepts in artificial intelligence (AI) & machine learning, context-sensitive pop-ups and chatbots as self-service customer support, and voice-activated HR transactions based on Google Assistant & Alexa, Ramco has been setting the benchmark for innovation in this segment.

With statutory compliance across 45+ countries covering ANZ, Asia including Japan & China, Middle-East & Africa, UK and Ireland, Ramco's HR with Global Payroll is available in English, Japanese, Mandarin, Bahasa, Thai, Malay and Arabic, among others. To further explore this solution, visit https://tinyurl.com/skgp7ka

Ramco is a next-gen enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HR and Global Payroll, ERP and M&E MRO for Aviation. Part of the USD 1 billion Ramco Group, Ramco Systems focuses on Innovation and Culture to differentiate itself in the marketplace.

On the Innovation front, Ramco has been moving towards Active ERP leveraging AI and Machine Learning by building features such as Talk It – which allows transactions to be carried out by simple voice commands, Bot it – which allows users to complete transactions using natural conversations; Mail It – transact with the application by just sending an email; HUB It – a one screen does it all concept built to address all activities of a user; Thumb It – mobility where the system presents users with option to choose rather than type values and Prompt It – a cognitive ability which will let the system complete the transaction and prompts the user for approval.

With 1900+ employees spread across 24 offices, globally, Ramco follows a flat and open culture where employees are encouraged to share knowledge and grow. No Hierarchies, Cabin-less Offices, Respect work and not titles, among others are what makes the team say, Thank God it's Monday!

For more information, please visit https://www.ramco.com/hcm
Follow Ramco on Twitter @ramcosystems / @ramcohcm and stay tuned to http://blogs.ramco.com

Please contact:
Vinitha Ramani
+91 44 6653 4204
vinitharamani@ramco.com


About Ramco Systems



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

NIU Technologies Reports Q4 and FY2019 Financial Results: Revenues Up 40.5%

BEIJING, Mar 16, 2020 – (ACN Newswire) – NIU Technologies ("NIU"; NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, announced financial results for the fourth quarter and full year ended December 31st, 2019.

Revenues and Net Income Grow Four Consecutive Quarters

Driven by the increased sales volume up 13.5% and increased revenues per e-scooter up 10.5%, revenues for the fourth quarter of 2019 reached RMB 536.1 million, an increase of 25.4% YoY. The fourth quarter 2019 was profitable with net income of RMB 60.7 million, compared with a net loss of RMB 32 million in the fourth quarter 2018. The company has now been profitable for four consecutive quarters.

For the full 2019 financial year, NIU's net revenues were RMB 2.0763 billion, an increase of 40.5%, which was mainly driven by increases in e-scooter sales volume of 24.1% and net revenues per e-scooter of 13.2%. China represented 85.1% of net revenues from e-scooter sales, and overseas markets represented 14.9%. The full year's net income was RMB 190.1 million, which is an increase of RMB 539.1 million from a net loss of RMB 349 million in 2018.

Continued Growth Across Overseas Market

As a leading provider of smart urban mobility solutions, NIU has been improving its products and building further growth in overseas markets.

In December 2019, NIU's new manufacturing facility in Changzhou commenced operation. The new facility covers about 75 acres and has a designed capacity of 700,000 units per annum. In the fourth quarter of 2019, NIU's international sales network expanded to 29 distributors covering 38 countries.

In addition, in January 2020, NIU launched two new products, the RQi-GT and TQi-GT. The RQi-GT is NIU's first urban performance electric motorcycle and the TQi-GT is NIU's first electric three-wheeler vehicle.

So far, global users of NIU have exceeded 1 million with a cumulative rider distance of 4.5 billion kilometers. NIU has also contributed to cumulative carbon emission reductions of 1.14 million tons, which is the equivalent to planting 57 million Saxaul. It demonstrates NIU's commitment to corporate social responsibility and "providing more convenient and environmentally friendly transformative urban travel transportation for global users".

The company has been monitoring the Coronavirus pandemic very closely. Since the restart of operations, NIU has implemented safety measures such as daily disinfection of retail locations, factories and corporate offices to ensure the well-being of our customers and employees. The company is also aware of the potential economic damage towards the global economy and the confidence of consumers. NIU has implemented new campaigns to expand its online sales by working with online retail partners in both China and overseas market.

Dr. Yan Li, CEO of NIU said "we delivered solid revenue growth and improved gross margin. The Company continued to operate profitably. We are very excited about the growth perspective of our business and are committed to expanding our production capacity to meet the increasing demand. We look forward to sustaining the growth of our business."


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