Green Computing Technologies Helped Ant Group Reduce Data-center Carbon Emissions by 947 Tons During the 11.11 Global Shopping Festival

Aphria Inc. Securities Class Action: Rochon Genova LLP Announces Notice of Certification and Opt-out Deadline

السبت, أغسطس 27, 2022 ليست هناك تعليقات 0

Business Wire India

Have you suffered a loss on your investment in Aphria common shares which you purchased in 2018?

The Ontario Superior Court of Justice has granted leave pursuant to the Ontario Securities Act and has certified a global securities class action which permits a defined group of investors (the "Class") to pursue claims against Aphria Inc. and certain of its Officers and Directors ("Aphria Defendants”). It is alleged that the Aphria Defendants made material misrepresentations to the market about two significant international transactions during 2018 and that public disclosure about these acquisitions on December 3 and 4, 2018 caused the price of Aphria’s common shares to fall substantially, resulting in investor losses. For additional important information see contact information below for Rochon Genova LLP.

The certified class action is Vecchio Longo Consulting Services Inc. v. Aphria Inc. et al. Ontario Superior Court of Justice Court File No. CV-19-0061408600 CP (the “Class Action”). It claims monetary damages on behalf of the Class.

The allegations made in the Class Action have not been proven and are disputed by the Aphria Defendants.

NOTE: Claims in this Action against Carl Merton were dismissed, on consent, without costs by Court Order on August 6, 2021 and claims against Clarus Securities Inc., Canaccord Genuity Corp., Cormark Securities Inc., Haywood Securities Inc. and Infor Financial Inc. were dismissed, on consent, without costs, by Court Order on August 18, 2022.

Who is a Class Member?

The Action has been certified on behalf of all persons or entities, wherever they may reside, who acquired Aphria common shares during the period of time after 07:00 ET January 29, 2018 until 08:25 ET December 3, 2018 (“Class Members”).

This includes those individuals who acquired Aphria shares in the secondary market (that is, in usual course on the open market via a stock exchange like the TSX or the NYSE or an over the counter exchange), as well as those who acquired their shares by way of Aphria’s Prospectus Offering in June 2018.

If you are an eligible Class Member and the Class Action is successful you may be entitled to share in any monetary award or settlement.

If you wish to participate in the class action, DO NOTHING.

As a Class Member, you will not be required to pay any costs in the event that the Class Action is unsuccessful. If the Class Action is successful at trial or if a settlement is reached, you may be entitled to share in any award or settlement. A notice would be provided to the Class providing details concerning the terms of the settlement or award and how eligible Class Members might make a claim for compensation.

Class Members who DO NOT want to participate in the Action must opt out.

If you do not wish to participate in the Class Action, and be bound by or receive any benefits from it, you must opt out by notifying RicePoint Administration Inc. by November 24, 2022 at:

Aphria Securities Class Action
c/o RicePoint Administration Inc.
P.O. 3355
London, ON N6A 4K3

The publication of this notice was authorized by the Superior Court of Justice of the Province of Ontario.

DO NOT CONTACT THE COURT REGARDING THIS NOTICE.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220826005037/en/

KK Modi Group Commemorates Late KK Modi’s 82nd Birth Anniversary with a Customised My Stamp and Special Cover

السبت, أغسطس 27, 2022 ليست هناك تعليقات 0

Business Wire India

KK Modi Group, one of India’s most respected conglomerates, celebrated late KK Modi’s, 82^nd birth anniversary with an official release of a customised “My Stamp and Special Cover”. The postage stamp, released by the Department of Posts, Government of India, celebrates life of a legend, and represents late KK Modi's inspirational life and contribution to India's business landscape.

The “My Stamp and Special Cover” were released by Mr. Ashok Kumar, Postmaster General, Delhi circle with Dr. Bina Modi, Chairperson and Managing Director of the KK Modi Group, Ms. Charu Modi and Mr. Samir Modi, Executive Directors of the group, and late KK Modi’s brother, Mr. Satish Modi, at the Group’s corporate office in Delhi.

Remembering late KK Modi, Dr. Bina Modi said, “Mr. Modi always left an impression on everyone he met. He valued each employee of the Group and encouraged to push boundaries. For me and for every member of the KK Modi Group family, KK will live on forever. On his 82^nd birthday, it is befitting to immortalise his memory by releasing a stamp. Time after time, this commemorative stamp will remind and encourage everyone to follow in his footsteps and strive to deliver their best. KK has been immortalised.”

Remembering her father, Ms. Charu Modi, said, “I’m certain that my father is smiling down on us today. Such was his personality that he is interwoven in all aspects of our lives. To me, he was a great teacher. Two of his most treasured teachings for me are ‘creating bankable goodwill’ and ‘seizing the challenge’, especially if it is impossible. These teachings motivated me and everyone in the family to find and follow our paths. I’m grateful and honoured that we are celebrating him today with this precious gift of a customised 'My Stamp and Special Cover'.”

On the occasion of the stamp release, Mr. Samir Modi, Executive Director of the Group, said, “Today we are celebrating everything that my father ever was and preserving everything that he will ever be. Along with being a wonderful father, he was my boss, role model, businessman, and a visionary. He was a leader who led by example. Indeed, he was larger than life and an inspiration to me. One of his principles that I abide by is that ‘a handshake is a contract’. It has made me more honest as a person and professional. Our hearts swell with love and pride at the launch of this iconic stamp honouring my father on this very special day.”

Mr. Satish Modi, remembered his elder brother’s respect for family values and how he carried forward his father, Rai Bahadur Gujarmal’s legacy.

The CEO and Whole-time Director of the Group’s flagship company, Godfrey Phillips India Ltd., Mr. Sharad Aggarwal remembered his mentor and guide on the occasion, “I joined this company as a twenty something engineer and spent years under his wing. Even today, my business ethos and decisions are driven by the wisdom Mr. Modi imparted. He touched so many lives and I am grateful that I was one of them.”

Late KK Modi was a steadfast business leader keen on imbuing people-centricity into business strategy as a means to achieve holistic progress and success. Guided by KK Modi’s vision, today the group is a well-diversified business conglomerate Godfrey Phillips India Limited, Indofil Industries, Modicare, and Colorbar.

PCI Pharma Services Opens New England Center of Excellence to Bring Global Clinical Supply Capabilities to New England

الجمعة, أغسطس 26, 2022 ليست هناك تعليقات 0

Business Wire India

PCI Pharma Services (PCI), a leading global contract development and manufacturing organization (CDMO), today announced the opening of its Clinical Services Center of Excellence in Bridgewater, MA, the first facility of its kind to support the growing needs of global developers of biologics in the New England region. The new facility will provide increased flexibility and scalability for secondary packaging, distribution and cold chain storage of innovative therapies in development.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220825005234/en/

Rendering of the new PCI facility in Bridgewater, MA. (Photo: Business Wire)

“As the northeast biopharma market continues to grow, we are bringing distinctive clinical supply capabilities to the backyard of product development, creating a personalized and responsive approach to evolving client needs,” said Salim Haffar, CEO, PCI Pharma Services. “This newest facility follows our growth in facilities in Berlin, Germany, and Rockford, Illinois, and will create significant local job growth potential.”

To keep pace with the growth in biologics and gene therapies, which require cold chain infrastructure including deep freeze, the new facility has a capacity for a -20°C freezer, 35 ultra-low temperature freezers at -80°C and 12 liquid nitrogen freezers. The Center of Excellence also features a temperature-controlled room containing a 5,000 square foot cooler at 2° to 8°C, each with five levels of warehouse racking. A 1000-square-foot cold secondary packaging room will eventually be converted to primary packaging with the planned construction of an additional secondary packing unit.

“Boston is a booming biotech market with hundreds of local organizations developing new compounds in the biologics space,” said Craig LaMarca, General Manager of Boston Clinical Trial Services, PCI Pharma Services. “The facility features leading technologies and capabilities, making it a crucial component to help our clients deliver life-saving therapies to patients safely and efficiently.”

PCI currently occupies 50,000 square feet of the new 100,000 square foot building, with the remaining space available for lease. The campus was constructed to reflect Environmental Social Governance (ESG) and sustainability efforts. These features include a complex stormwater runoff system with a series of ponds that filter the water before it leaves the site, an underground oil and sedimentation separation tank, electric vehicle chargers and the exclusive use of LED lighting throughout the building.

The opening of the New England Center of Excellence marks the latest in a series of worldwide expansions for PCI including six sites across three continents, including Bedford, New Hampshire; Berlin, Germany; San Diego, California; Rockford, Illinois; and Melbourne, Australia. In February 2022, PCI sites in San Diego and Melbourne added innovative equipment with aseptic fill-finish capabilities to enhance PCI’s global offerings and deliver much-needed capacity to early-phase clinical clients.

For more information on PCI’s aseptic fill-finish and lyophilization capabilities, please click here.

About PCI Pharma Services

PCI is a leading global CDMO, providing clients with integrated end-to-end drug development, manufacturing and packaging capabilities that increase their products’ speed to market and opportunities for commercial success. PCI brings the proven experience that comes with more than 50 successful product launches each year and over five decades in the healthcare services business. We currently have 30 sites across seven countries (Australia, Canada, U.S., Ireland, Wales, Germany and Spain) and over 4,300 employees that work to bring life-changing therapies to patients. Leading technology and continued investment enable us to address global drug development needs throughout the entire product life cycle – from manufacturing capabilities through the clinical trial supply chain and into commercialization. Our clients view us as an extension of their business and a collaborative partner with the shared goal of improving patients’ lives.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220825005234/en/

Former Workday Executive Joins Board as Chief People Officer

الجمعة, أغسطس 26, 2022 ليست هناك تعليقات 0

Business Wire India

Board International, the global leader for Intelligent Planning for leading enterprises worldwide, today announced the appointment of Mandy Jeffery as Chief People Officer.

“Mandy is an outstanding human resources leader with an established track record of delivering successful people, talent and workforce management strategies for high performing technology businesses,” said Marco Limena, CEO of Board International. “I am excited to welcome Mandy as Chief People Officer, as we continue to deliver on our transformation vision and grow our people and company worldwide.”

Mandy Jeffery is the former Vice President of People at Workday, a SaaS leader in enterprise cloud applications for finance and human resources, where she played a key role in helping the organization scale and grow across EMEA and APJ.

During Mandy’s 8 years with the company, Workday grew from 2,500 employees to over 15,000 and substantially increased its geographical footprint, receiving several employer-of-choice awards along the way.

Prior to Workday, Mandy was Senior Director of HR Operations at Verifone, the global ecommerce and digital payments leader, responsible for international regions.

“I am excited to be joining a visionary team of SaaS leaders, where we have a fantastic opportunity together, to deliver best-in-class workforce strategies and experiences for Board’s biggest asset, our people,” said Mandy Jeffery, Chief People Officer at Board International.

“Board’s track record of delivering Intelligent Planning for leading enterprises worldwide, is achieved by the amazing people who help our customers realize their ambitions for smarter planning, actionable insights and better outcomes every day, and I look forward to enabling Board with transformative people, talent and performance strategies, which I have been privileged to provide for successful enterprise technology brands throughout my career.”

About Board

Board is the global leader in Intelligent Planning, helping enterprises achieve smarter planning, actionable insights and better outcomes for more than 2,000 companies worldwide. Board allows leading enterprises to discover crucial insights which drive business decisions and unify strategy, finance and operations to plan smarter and achieve full control of performance. Partnering with Board, global enterprises such as H&M, BASF, Burberry, Toyota, Coca-Cola, KPMG, and HSBC have digitally transformed their planning processes.

Founded in 1994, and now with 25 offices worldwide, Board International has long been recognized by leading analysts and subject matter experts including Gartner, Nucleus, and Dresner.

www.board.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20220825005372/en/

Toshiba Releases Stepping Motor Driver IC That Contributes to Saving Space on Circuit Boards

الخميس, أغسطس 25, 2022 ليست هناك تعليقات 0

Business Wire India

Toshiba Electronic Devices & Storage Corporation ("Toshiba") has expanded its lineup of stepping motor driver ICs with the launch of “TB67S549FTG,” a stepping motor driver IC housed in a small package, with built-in constant-current control that does not require external circuit components. The new driver contributes to saving space on circuit boards and is suited for industrial equipment such as office automation and financial equipment. Shipments start today.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220824005284/en/

Toshiba: "TB67S549FTG," a stepping motor driver IC housed in a small QFN24 package. (Graphic: Business Wire)

TB67S549FTG uses Toshiba’s DMOS FET^[1] for its output power transistor, and features a motor output voltage rating of 40V and a motor output current rating of 1.5A^[2]. Use of the QFN24 package reduces the mounting area to about 64% of the QFN32 package used for Toshiba’s current product, TB67S539FTG. This helps save space on circuit boards.

In addition, the new driver incorporates a current detection part for constant-current motor control, and requires no external capacitor for a charge pump circuit. This will reduce external circuit components, thereby saving space on circuit boards.

TB67S549FTG supports motor power supply voltages from 4.5V to 33V, and has a current consumption of up to 1μA in sleep mode, making it widely usable for 12V/24V power supply applications.

Toshiba will continue to develop products for a wide range of applications, and to provide total solutions that contribute to user design simplification, board area reduction, and total cost reduction.

Notes:
[1] Double-Diffused MOSFET
[2] The actual current that can drive motors is limited by ambient temperature, power supply voltage and other operating conditions.

Applications

Printers
Multi-function printers (MFPs)
Automatic teller machines (ATMs)
Money-changing machines
Surveillance cameras
Projectors

Features

Small QFN24 package: 4.0mm × 4.0mm (typ.)
External current detection resistor is not required for constant current motor control.
Requiring no external capacitor for charge pump circuit.
Low power consumption in a sleep mode: I_M1=1μA (max)

Main Specifications

			(Unless otherwise specified, @T_a=25°C)
Part number			TB67S549FTG
Operation ranges	Motor power supply V_M (V)	@T_a=-20 to 85°C	4.5 to 33
Absolute maximum ratings	Motor output voltage V_OUT (V)		40
	Motor output current I_OUT (A)		1.5
Supported motors			Bipolar stepping motor
Output transistor between drain and source On resistance (upper + lower) R_ON(D-S) typ. (Ω)		@V_M=24V, T_j=25°C, I_OUT=2.0A	1.2
Power consumption I_M1 max (μA)		@Sleep mode	1
Safety function			Over-current detection, Thermal shutdown, Under voltage lockout
Package	Name		QFN24
	Size typ. (mm)		4.0×4.0
Sample Check & Availability			Buy Online

Follow the link below for more on the new product.
TB67S549FTG

Follow the link below for more on Toshiba’s stepping motor driver ICs.
Stepping Motor Driver ICs

To check availability of the new products at online distributors, visit:
TB67S549FTG
Buy Online

* Company names, product names, and service names may be trademarks of their respective companies.
* Information in this document, including product prices and specifications, content of services and contact information, is current on the date of the announcement but is subject to change without prior notice.

About Toshiba Electronic Devices & Storage Corporation

Toshiba Electronic Devices & Storage Corporation, a leading supplier of advanced semiconductor and storage solutions, draws on over half a century of experience and innovation to offer customers and business partners outstanding discrete semiconductors, system LSIs and HDD products.
The company's 23,000 employees around the world share a determination to maximize product value, and promote close collaboration with customers in the co-creation of value and new markets. With annual sales now surpassing 850-billion yen (US$7.5 billion), Toshiba Electronic Devices & Storage Corporation looks forward to building and to contributing to a better future for people everywhere.
Find out more at https://toshiba.semicon-storage.com/ap-en/top.html

View source version on businesswire.com: https://www.businesswire.com/news/home/20220824005284/en/

Blockchain Business businesswireindia Meta Technology

Blockchain protocol for metaverses, Meta, announces partnership with Polygon

الخميس, أغسطس 25, 2022 ليست هناك تعليقات 0

Business Wire India

Meta0, a new blockchain startup that connects metaverses and blockchain ecosystems through a Layer 0 protocol, has announced an official partnership with Polygon.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220824005476/en/

(Graphic: Meta0)

Polygon is one of the most cost-effective EVM-based blockchains, and also a favorite choice amongst game developers. By partnering with Polygon, Meta0 will provide game devs with all of the advantages of the Polygon platform: low fees, a big user community and a vast decentralized apps (dapp) ecosystem with which to integrate.

The Polygon network has grown over 400% this year, boasting just over 37,000 decentralized dapps — with 74% of teams integrated exclusively on Polygon. The network is fast becoming the de facto platform for Web3 gaming, working with the likes of Ubisoft, Atari, Animoca, Decentraland, Somnium Space, Sandbox, Atari (multiverse), and Aavegotchi among others. Founded by the former global head of TikTok's strategy and gaming unit, Jason Fung, Meta0 provides the tools game developers need to easily reach players on every blockchain while also spending less time, money and personnel on the development process itself. As a one-stop shop for game developers, they remove the technical complexities of blockchain integration by providing intuitive API and SDK-based solutions that offer cross-chain support.

Urvit Goel, Head of Global Games Business Development at Polygon Studios, said: "Meta0 exemplifies the composability required of a truly global metaverse and gaming platform. Polygon's developer toolset and established Blockchain Gaming ecosystem pair well with Meta0's approach, and we're thrilled to be joining together to advance Web3 development, adoption, and interoperability."

"We couldn't be more excited to announce this partnership with Polygon," said Ricardo Rodrigues, Head of Global Partnerships at Meta0. "This is another significant step in expanding Meta0's offering of blockchain interoperability and access to more gamers for game devs everywhere who want to make the best Web3 gaming experiences."

About Meta0:

Meta0 is a blockchain infrastructure company that advances interoperability by connecting different chains and metaverses through a Layer 0 protocol. The company makes blockchain integrations easy for game developers through white-label, API, and SDK-based solutions, so that they can focus on building fun-to-play Web3 games and on creating experiences that gamers enjoy. Learn more about Meta0 at www.meta0.org.

Twitter | Discord | Telegram | LinkedIn

About Polygon Studios:

Polygon Studios aims to be the home of the most popular blockchain projects in the world. The Polygon Studios team is focused on supporting developers building decentralized apps on Polygon by providing Web2 and Web3 teams with a suite of services such as developer support, partnership, strategy, go-to-market, and technical integrations. Polygon Studios supports projects from OpenSea to Prada, from Adidas to Draft Kings and Decentral Games to Ubisoft.

About Polygon:

Polygon is the leading blockchain development platform, offering scalable, affordable, secure and sustainable blockchains for Web3. Its growing suite of products offers developers easy access to major scaling solutions including L2 (ZK Rollups and Optimistic Rollups), sidechains, hybrid, stand-alone and enterprise chains, and data availability. Polygon’s scaling solutions have seen widespread adoption with 37,000+ decentralized applications hosted, 1.94B+ total transactions processed, 164M+ unique user addresses, and $5B+ in assets secured. The network is home for some of the biggest Web3 projects such as Aave, Uniswap, OpenSea and well-known enterprises including Meta, Stripe and Adobe. Polygon is carbon neutral with the goal of leading the Web3 ecosystem in becoming carbon negative.

If you're an Ethereum Developer, you're already a Polygon developer! Leverage Polygon’s fast and secure txns for your dapp, get started here.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220824005476/en/

CSS Corp and Ivanti Join Hands to Help Organizations Accelerate IT Automation and make Everywhere Workplace Possible and Productive

الخميس, أغسطس 25, 2022 ليست هناك تعليقات 0

Business Wire India
CSS Corp, a global customer experience (CX) and technology services provider, and Ivanti, the provider of the Ivanti Neurons automation platform that discovers, manages, secures, and services IT assets from cloud to edge, have announced a strategic partnership to help enterprises accelerate their IT automation and enable a productive ‘Everywhere Workplace’ by making every IT connection smarter and secure across devices, infrastructure, and people. This partnership will leverage Ivanti’s unique industry-acclaimed Neurons Platform and CSS Corp’s expertise in integrating, implementing, and developing next-gen value propositions for customers.

With over two decades of experience in IT consulting and managed services, working with product and platform businesses across verticals, and offering unique business engagement models, CSS Corp has been helping enterprises of all sizes drive business success. Ivanti Neurons Platform connects industry-leading unified endpoint management, enterprise service management, and cybersecurity solutions, providing a 360° view for companies across the IT ecosystem. In today’s work from anywhere era, this platform enables devices to self-heal and self-secure, and empowers users by providing self-service options. CSS Corp’s domain expertise and market reach combined with Ivanti’s unique Neurons platform that offers real-time visibility, operational intelligence and hyper-automation, delivers game-changing results for IT enterprises.

"In recent times, we have seen a steep spike in enterprises shifting towards digital-first business models, cloud-native operations, and leveraging new-tech like AI, ML and deep analytics. With several working models and networks with fluid boundaries, there have been rising cyber threats and IT complexities, making it imperative for organizations to manage their IT ecosystem effectively. With Ivanti, we aim to help businesses invest efficiently in IT infrastructure automation to offer incredible user experience, increase productivity, and liberate IT from the shackles of slow and complex workspace processes. Together, we will help enterprises maximize productivity and reduce IT risks at scale," said Ajay Tyagi, Executive Vice President, CSS Corp.

“With Ivanti’s unique leadership position in providing a converged solution portfolio globally, serving customers’ needs around digital employee, device and security experience, we are very excited to partner with CSS Corp and leverage their global experience in delivering this experience, at scale, to our global ecosystem of customers and theirs. Ivanti’s hyper-automation platform to self-heal, self-secure and self-service from cloud to edge along with CSS Corp’s hyper-focus in delivering this experience at scale makes a great partnership between our organizations,” said Al Arun, Senior Vice President and Chief Customer Officer, Ivanti.

“We are thrilled to partner with CSS Corp. to enable and secure organizations in the Everywhere Workplace,” said Craig Osborne, Regional Vice President of Partner Sales in EMEA. “Forging a strong relationship with strategic partners in the channel is a priority for Ivanti as we continue to deliver innovative solutions that enable and secure a hybrid workforce. We believe that our partnership with CSS Corp. will be mutually beneficial to meet customers’ needs and tap into new markets.”

This partnership will leverage both companies’ resources, technologies, expertise, and market presence, thereby allowing customers to benefit from their complementary strengths and next-gen value propositions.

In an industry first, Anyline partners with Tata Power Delhi Distribution Limited to deploy AI-based OCR application for Meter Reading

Business Wire India

Deploys OCR technology for gathering meter readings
Aims to ensure 100% accuracy in meter reading & billing

Anyline, a global leader in mobile data capture and artificial intelligence, today announced a partnership with Tata Power Delhi Distribution Limited (Tata Power-DDL), a pioneering power utility supplying electricity to a populace of over 7 million in North Delhi, to reduce non-technical losses through the introduction of a new forensic meter reading solution for field workers.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220823005826/en/

Anyline mobile meter reading enables field workers to instantly capture meter readings using their mobile device cameras. (Photo: Business Wire)

This industry-first innovation marks the first use of optical character recognition (OCR) for meter reading by Tata Power-DDL, and is the result of a collaboration between the companies. Following development and testing, the solution has been rolled out to field workers across North Delhi.

Combining mobile data capture and AI-powered anti-spoofing capabilities, the new scanning solution is integrated into the mobile devices of field workers to gather meter readings. By scanning utility meters with their mobile device cameras, field workers can instantly capture meter readings, which are then verified by Tata Power-DDL to detect whether the data and images submitted are genuine and accurate.

Tata Power-DDL’s operations span across an area of 510 sq. kms, including over 1.9 million meters, which are recorded monthly by field workers. With the introduction of this new solution, the company has been able to significantly improve the data quality of readings, while also reducing the cycle time of meter billing for customers. These combined benefits aim to improve the speed and efficiency of the process.

Commenting on the partnership, Ganesh Srinivasan, CEO, Tata Power Delhi Distribution Limited said, “We are committed to enhancing customer experience through integration and adoption of latest technologies. Our partnership with Anyline is a step in the same direction. The introduction of this solution will help us in delivering value proposition to our customers while ensuring that they are billed accurately for the energy they consume.”

The solution will help to overcome human discrepancies leading to faulty readings and accordingly, ensure accuracy in meter reading and billing. It will also help to bring down the non-technical losses of the discom.

Speaking about the association, Anyline CEO and co-founder Lukas Kinigadner said,“We are delighted to have partnered with Tata Power-DDL, a truly innovative leader in power distribution, to develop this industry-first solution. We look forward to building on this work together in the future, with the aim of further leveraging the power of artificial intelligence to resolve other key challenges in the energy sector.”

About Anyline:

Founded in Vienna in 2013, Anyline has established itself as the market leader in mobile data capture. Using the newest and most innovative artificial intelligence approaches, Anyline enables any mobile device to process written characters and barcodes in real time, even when offline. In July 2021, the company announced that it has raised $20 million in a growth funding round to meet the rapidly growing global demand for mobile scanning technology.

Anyline mobile meter reading solutions are trusted by leading utilities and energy providers around the world including Vattenfall, E.ON, OMV, EDF, Total and many more. Anyline mobile data capture technology is GDPR compliant, processing all data collected securely on the users’ device, and removing any chance of data interference. It’s not only more accurate than manual data entry, but also works 20 times faster. To learn more, please visit www.anyline.com.

About Tata Power Delhi Distribution Limited:

Tata Power Delhi Distribution Limited is a joint venture between Tata Power and the Government of NCT of Delhi. Tata Power-DDL distributes electricity in North Delhi and serves a populace of 7 million. Tata Power-DDL has been a frontrunner in implementing power distribution reforms and is acknowledged for its consumer-friendly practices. Since privatization, the Aggregate Technical & Commercial (AT&C) losses in Tata Power-DDL areas have shown a record decline. Today, AT&C losses stand at 7% which is an unprecedented reduction of over 86% from an opening loss level of 53% in July 2002. To learn more about Tata Power-DDL, please visit www.tatapower-ddl.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20220823005826/en/

University of Technology Sydney Gets Better Support and Security for Oracle Database by Switching to Rimini Street

Business Wire India

Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that the University of Technology Sydney (UTS) has switched from Oracle to Rimini Street for improved support and security of its Oracle database and technology platforms. In doing so, the University has slashed wait times for support requests, enjoyed improved service quality and innovative, advanced security to protect its database and application middleware. Rimini Street is also helping the University manage through the ongoing IT skills shortage by reducing the amount of IT labor required for support and instead, allowing resources to focus on the rapid transition to hybrid learning.

UTS is one of Australia’s leading universities, with around 45,000 students and 4,000 staff. The IT department employs around 300 staff and is responsible for the digital experiences supporting the people, processes, and culture at the university. The University faced challenges during the pandemic including a massive shift to online learning and remote work, and a growing IT skills shortage. The large decline in the number of international students enrolling in Australia has also seen IT budgets shrink. Because of these limitations, UTS needed to refocus its strategic resources more efficiently.

“UTS, like all universities in Australia, has had to rapidly transition to a hybrid learning model that includes classroom and online service delivery. There are many innovations and technologies needed for the transition to hybrid learning; budgets are tightening across the board and the quality-of-service delivery expectations remain the same or higher,” said Daniel Benad, group vice president and regional general manager, Australia, New Zealand and Oceania, Rimini Street. “Students can now log into their online classes from almost anywhere in the world which adds a new layer of complexity for the IT team. Fast, reliable, and secure systems are needed to keep up with the changing world and to remain a leading provider in the education market.”

Focusing on the big issues with more time and money to spare

Maintaining their Oracle database landscape was draining on the university’s IT budget and internal resources. Support tickets were often slow to be resolved by the software vendor, preventing IT staff from completing other system maintenance and responding quickly to new IT challenges. Staff were preoccupied with keeping databases operating properly in a rapidly scaling up environment and had little time to focus on university initiatives to support growth and innovation.

“Skilled staff are only getting more expensive to hire and retaining these employees just to work on support and operational tasks for our enterprise software is no longer sustainable,” said Brian Kelly, Head of IT Operations at UTS. “We’ve had to really maximize the resources we have to keep our IT services growing, improving and meeting the needs of the university.”

In addition, as UTS increasingly moved towards a hybrid learning model for its students, and a remote working environment for its staff, cost, capability, supportability, and flexibility were key to guaranteeing robust and reliable IT services. The rapid move into the remote workspace also opened new avenues and risks for cybersecurity attacks and breaches. As the number and location of users increased, so too did opportunities for unauthorized access. As such, the University was conscious it needed to increase the security of its Oracle software, particularly as routine patching was a costly and time-consuming endeavour for its IT team that did not necessarily provide the fastest protection model in the case of a discovered vulnerability.

“UTS is relatively new to the hybrid working and learning space, and it’s important to be mindful of risks from such a rapid transformation,” said Kelly.

The University began to look at ways to get improved support, better security and reduced operating costs for its Oracle Database landscape while also reducing the resource drain on its IT team. UTS turned to Rimini Street’s enterprise software support and security solutions.

Lowering Costs and Response Times

Each Rimini Street client benefits from the Company’s flexible, premium-level enterprise software support model, including its industry-leading Service Level Agreement of 10-minute response times for all critical Priority 1 cases. All clients are also assigned a Primary Support Engineer with an average of 20 years’ experience in enterprise software and backed by a team of functional and technical engineers.

In addition, Rimini Street’s Database Management Services provide UTS with new expert skills from skilled and responsive engineers. Since partnering with Rimini Street, resolving support tickets is easier and quicker, with expert engineers available to respond to challenges at any time.

“Being able to shrink how much time is spent on routine work has really allowed us to prioritise the bigger picture, and Rimini Street gives us time back in our day,” said Kelly. “The team is no longer worried about how long a patch or upgrade will take, how long it’ll take to get issues resolved, or how many hours they’ll have to dedicate to something routine. Rimini Street has taken care of that for us, and having such a quick turnaround for support has really eased up our workload.

“Rimini Street gives us high-quality support for these business-as-usual activities without breaking our budget. Being able to be flexible with what senior ICT staff we hire means we’re putting a microscope on what our team actually needs, rather than allowing necessity to dictate it.”

Rimini Street Protect - Proactive Security

Having the time and resource availability enabled UTS to develop and deploy additional enterprise security enhancements. Further, Rimini Street’s security solutions gave UTS peace of mind that it would be secure and remain live while it implemented the additional security enhancements.

“Completed security enhancements include secure identity management and access controls,” said Kelly. “Thanks to Rimini Street, we now have time and budget to spare and we are now looking at developing and deploying additional security measures utilizing a cloud-first strategy. We’re also working on automating service management and migrating to the cloud anything that improves the quality of user experience.”

“UTS is yet another example of an institution that has benefited from Rimini Street’s comprehensive and effective database support and security,” said Benad. “As international borders continue to open and students choose Australia as an education destination, UTS’ improved service delivery and flexibility supporting a hybrid education model will play a huge part in improving the student learning experience.”

About Rimini Street, Inc.

Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000^® Company, is a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner. The Company offers premium, ultra-responsive and integrated application management and support services that enable enterprise software licensees to save significant costs, free up resources for innovation and achieve better business outcomes. To date, more than 4,200 Fortune 500, Fortune Global 100, midmarket, public sector and other organizations from a broad range of industries have relied on Rimini Street as their trusted application enterprise software products and services provider. To learn more, please visit http://www.riministreet.com, follow @riministreet on Twitter and find Rimini Street on Facebook and LinkedIn.

Forward-Looking Statements

Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “may,” “should,” “would,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “seem,” “seek,” “continue,” “future,” “will,” “expect,” “outlook” or other similar words, phrases or expressions. These forward-looking statements include, but are not limited to, statements regarding our expectations of future events, future opportunities, global expansion and other growth initiatives and our investments in such initiatives. These statements are based on various assumptions and on the current expectations of management and are not predictions of actual performance, nor are these statements of historical facts. These statements are subject to a number of risks and uncertainties regarding Rimini Street’s business, and actual results may differ materially. These risks and uncertainties include, but are not limited to, the amount and timing of repurchases, if any, under our stock repurchase program and our ability to enhance stockholder value through such program; the impact of our credit facility’s ongoing debt service obligations and financial and operational covenants on our business and related interest rate risk, including uncertainty from the discontinuance of LIBOR and transition to any other interest rate benchmarks; the duration of and economic, operational and financial impacts on our business of the COVID-19 pandemic, as well as the actions taken by governmental authorities, clients or others in response to the pandemic; changes in the business environment in which Rimini Street operates, including the impact of any recessionary economic trends, including inflation, rising interest rates and changes in foreign exchange rates, as well as general financial, economic, regulatory and political conditions affecting the industry in which Rimini Street operates and the industries in which our clients operate; the evolution of the enterprise software management and support landscape facing our clients and prospects and our ability to attract and retain clients and further penetrate our client base; catastrophic events that disrupt our business or that of our current and prospective clients, including terrorism and geopolitical actions specific to an international region; adverse developments in and costs associated with defending pending litigation or any new litigation; our need and ability to raise additional equity or debt financing on favorable terms and our ability to generate cash flows from operations to help fund increased investment in our growth initiatives; the sufficiency of our cash and cash equivalents to meet our liquidity requirements, including under our credit facility; our ability to maintain an effective system of internal control over financial reporting and our ability to remediate any identified material weaknesses in our internal controls; changes in laws and regulations, including changes in tax laws or unfavorable outcomes of tax positions we take, or a failure by us to establish adequate reserves for tax events; competitive product and pricing activity; challenges of managing growth profitably; customer adoption of our products and services, including our Application Management Services (AMS) offerings, in addition to other products and services we expect to introduce in the future; the loss of one or more members of Rimini Street’s management team; our ability to attract and retain qualified employees and key personnel; uncertainty as to the long-term value of Rimini Street’s equity securities; the effects of seasonal trends on our results of operations, including the contract renewal cycles for vendor supplied software support and managed services; our ability to prevent unauthorized access to our information technology systems and other cybersecurity threats, protect the confidential information of our employees and clients and comply with privacy and data protection regulations; and those discussed under the headings “Risk Factors” and “Cautionary Note About Forward-Looking Statements” in Rimini Street’s Quarterly Report on Form 10-Q filed on August 3, 2022, and as updated from time to time by Rimini Street’s future Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings by Rimini Street with the Securities and Exchange Commission. In addition, forward-looking statements provide Rimini Street’s expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street’s assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street’s assessments as of any date subsequent to the date of this communication.

© 2022 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.

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Andersen Global Expands Presence in Chad

Business Wire India

Andersen Global continues its African expansion with collaborating firm Akouna, adding complementary tax capabilities to its existing platform in Chad.

Akouna was established in 2019 by Co-Founders and Co-Managing Partners Theodore Mossengar Milengar, who previously worked at PwC for more than 10 years, and Leopold Ngarlenan Docdejengar, who served as the Minister of Finance and Director of General Taxes in Chad. The firm operates out of N’Djamena and provides a suite of integrated tax services to local and regional clients.

“Since our founding, we’ve established a strong presence in the country and work to meet the ever-evolving business needs of our clients,” Theodore said. “Our collaboration with Andersen Global is a milestone for our firm and demonstrates our commitment to our clients as we work to increase our reach and deliver best-in-class solutions.”

“Akouna has grown quite rapidly over the years and sets the standard for quality service in the market,” Andersen Global Chairman and Andersen CEO Mark Vorsatz added. “Theodore and Leopold’s combined expertise and qualifications bring immediate value and insights to our organization, which strengthen our capabilities across Africa and position us for further growth.”

Andersen Global is an international association of legally separate, independent member firms comprised of tax and legal professionals around the world. Established in 2013 by U.S. member firm Andersen Tax LLC, Andersen Global now has more than 12,000 professionals worldwide and a presence in over 370 locations through its member firms and collaborating firms.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220823005106/en/

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