Daily Archives: May 25, 2018

Medibio Corporate Health Extends Global Footprint Signing Contract with Jacobs Engineering

Jacobs, one of the world’s largest engineering and environmental consultancy groups, has more than 70,000 employees globally

SYDNEY, Australia and MINNEAPOLIS, May 25, 2018 (GLOBE NEWSWIRE) — Medibio Limited (MEB or the Company) (ASX:MEB) (OTCQB:MDBIF), a mental health technology company, today announced a significant contract for Medibio’s Corporate Health product with Dallas, TX-based Jacobs Engineering across their Asia Pacific, Middle East, and European divisions.

Through the Mental Health Check-In, companies can offer employees an end-to-end mental health program, direct to their devices, to see how the mind and body are tracking. It’s a personalized, private, and objective way to see the unseeable: mental health issues in the workplace.

Employees are provided the opportunity to confidentially check-in on their mental health and receive personalized confidential results from both an objective biometric screening in conjunction with a 12-minute subjective survey. Employers receive a dashboard providing de-identified, amalgamated data on the well-being of their workforce leveraging both the subjective and objective metrics. Employees then have the option to connect their wearable devices, such as Apple Watch, Garmin, and Fitbit, collect heart rate and sleep data.

The first-phase contract extends Medibio’s engagement with Jacob’s beyond Asia Pacific, to now encompass over 8,000 employees across Asia Pacific, India, the Middle East and Europe. The Check-In will be rolled out to Jacobs’ European leadership team alongside the Asia Pacific and Middle Eastern workforces and is projected to generate first-stage revenue of approximately $50,000 for the initial four-week program. Services, including consultancy and delivery of ongoing mental health interventions and programs, will be billed as provided.

The correlation of ANS biometrics and mental health has been the focus of the company for over 20 years. Especially while sleeping, our bodies reflect our mental state through the performance of the autonomic nervous system. Medibio’s technology platform detects dysfunction within the areas of the body regulated by the ANS, and through proprietary data processing and algorithms, the technology correlates these anomalies to different mental health conditions. It is a profound discovery that for the first time provides a tangible, objective understanding of mental health.

“We are thrilled to extend our pivotal agreement with Jacobs Engineering, a long-term supporter of Medibio and a leading corporation in driving the way mental health care is delivered to their employee base,” said CEO and Managing Director Jack Cosentino. “By leveraging our proprietary technology, in conjunction with Jacobs’ strong corporate advocacy, we look forward to establishing a long-term relationship to enable real change in the area of corporate mental health.”

Jacobs Engineering Group is one of the world’s largest engineering and environmental consultancy groups. With a reputation for innovation, performance, and a human centric approach to employment and consultancy they have sought out programs that align with their values and integrate with their culture. Jacobs currently employs over 70,000 employees in over 250 offices worldwide.

Patrick Hill, Sr. Vice President and General Manager Buildings, Infrastructure and Advanced Facilities at Jacobs said: “Our partnership with Medibio appears to have been hugely beneficial to date. Their analytical and evidence-based approach is a significant step forward for an organization like Jacobs that is looking to move from awareness to action, and from reaction to prevention. As a company that aims to puts its people first, we are delighted to be extending the Check-in to other parts of our global business.”

This contract signed by Jacobs Engineering continues Medibio’s rapidly expanding portfolio of global companies participating in the Mental Health Check-in including:

  • Jacobs Engineering (U.S.)
  • St. John of God Health Care (Australia’s third-largest healthcare provider)
  • Australian Football League (AFL)
  • Rio Tinto
  • Aurecon Jacobs Joint Venture for West Gate Tunnel Project

The Mental Health Check-in Campaign is the entry-level offering to Medibio’s Corporate Health products and is rapidly positioning Medibio as the preeminent mental health technology and services provider offering comprehensive mental health solutions for businesses.

About Medibio Limited
Medibio (ASX:MEB) (OTCQB:MDBIF) is a mental health technology company that has pioneered the use of objective biometrics to assist in the screening, diagnosing, monitoring and management of depression and other mental health conditions. The company offers mental health solutions for business through its Corporate Health programs and is developing products to serve both the consumer and regulated healthcare provider markets. The company was founded in Australia, with offices located in Melbourne (Vic), Perth (WA), and U.S. offices in Minneapolis, MN. Medibio is listed on the Australian Securities Exchange Ltd and trades on the OTCQB Venture Market. Investors can find additional information on www.otcmarkets.com and www.asx.com.au.

About Jacobs
Jacobs leads the global professional services sector delivering solutions for a more connected, sustainable world. With $15 billion in fiscal 2017 revenue when combined with full-year CH2M revenues and a talent force of more than 77,000, Jacobs provides a full spectrum of services including scientific, technical, professional and construction- and program-management for business, industrial, commercial, government and infrastructure sectors. For more information, visit www.jacobs.com, and connect with Jacobs on LinkedIn, Twitter, Facebook and Instagram.

Further Information:  Website: www.medibio.com.au
Media Inquiries:
Josh Purdy
Medibio Limited
T: 952-222-0551 ext. 208
M: 612-695-0168
Investor Relations:
Stephanie Ottens
Medibio Limited
T: +61 434 405 400

A video accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/dca9e5bd-b9a4-4500-9840-9530068038c8

Meet Europe 2018 creates stronger Vietnam- Europe links

The Meet Europe 2018 conference opened in Hanoi on Friday to enhance cooperation between Vietnamese localities and European partners.

The event was co- organized by the Vietnamese Ministry of Foreign Affairs, the Hanoi People’s Committee, and EuroCham Vietnam.

Deputy Foreign Minister Bui Thanh Son said the relationship between Vietnam and the European Union is progressing and Vietnam will take more measures to improve its investment environment and continue to create favorable conditions for European enterprises to do stable and effective business in the country.

Ambassador Bruno Angelet, Head of the Delegation of the EU delegation to Vietnam said the Vietnam �EU Free Trade Agreement is scheduled to be signed at the end of this year. He added that the Meet Europe 2018 conference will help Vietnamese localities attract new investment.

Source: VOV5

Cuba retrieves second black box from deadly plane crash

Cuban search teams have retrieved the flight data recorder from the passenger plane that crashed last Friday, killing 111 people on board, Cuban state-run television announced Thursday evening.

Finding those black boxes is crucial to explaining what went wrong with the plane. The cause of the crash is still unknown.

Source: VOV5

Photo exhibition in Hanoi marks Azerbaijan National Day

An exhibition was held on Thursday in Hanoi to celebrate the 100th anniversary of Azerbaijan’s National Day (May 28).

It features 60 photos of the two countries by photographer Ta Ngoc Xuan, and some photos of Azerbaijan taken 100 years ago provided by the Azerbaijan Embassy in Vietnam.

President of the Vietnam-Azerbaijan Friendship Association Nghiem Vu Khai praised the traditional bilateral relationship, saying that the “Far apart but close at heart” exhibition shows development similarities of the two countries, deepens the mutual partnership, and promotes exchanges.

Source: VOV5

National Assembly session draws voters’ attention

The National Assembly’s Friday discussions on the implementation of Vietnam’s socio-economic tasks for 2017 and 2018 have drawn voters’ attention.

The public praised the government’s efforts to boost economic growth, which has less depended on mining and natural resources like crude oil, cement, and coal. Luong Van Phan, a resident in Hoan Kiem district, said: Our economic growth should be boosted by productivity rather than natural resources. Meanwhile, productivity should be boosted by skilled and strong workers whose income is equivalent to their wisdom.

Head of the Lawyers’ Delegation of Quang Binh province Cao Van Thiem praised constructive, frank, and practical discussions by National Assembly deputies.

Head of the Office of the Bac Ninh Provincial People’s Committee Trinh Huu Hung lauded the government’s report. He attributed Vietnam’s socio-economic growth to the efforts of the whole political system, the Party, the government, businesses, and the people.

Source: VOV5

Lawmakers optimistic about fulfillment of 2018 targets

Lawmakers are reviewing socio-economic development performance in 2017 and the first months of 2018.

Vietnam’s GDP grew 6.81 percent last year and 7.38 percent in the first quarter of this year, the highest rate in 10 years. Deputy Nguyen Thanh Xuan of Can Tho City, said: The government’s report revealed a promising socio-economic situation and suggested measures for the rest of this year. Vietnam’s achievements have inspired the people’s trust and created momentum for future socio-economic development.

Deputy Vu Thi Luu Mai of Hanoi said deputies and voters believe the National Assembly’s goals of stabilizing the macro economy, keeping the consumer price index around 4 percent, and maintaining a GDP growth rate of 6.7 percent this year are likely to be attained: The positive socio-economic achievements were thanks to effective government management and strong efforts by businesses and individuals. But the government’s reports should include an assessment of how policies are applied in daily life, which would guide the National Assembly in policy making.

Source: VOV5

Vietnam pledges more assistance for Laos’ personnel training

Vietnam is willing to help improve the training quality of Lao officials and students and will allocate more funding to make it work more effectively, said Prime Minister Nguyen Xuan Phuc.

At a meeting in Hanoi on Friday with Chansi Phosikham, Head of the Organization Commission of the Lao Revolutionary Party’s Central Committee, Mr. Phuc asked the two countries to work closely to effectively realize Vietnam-Lao Joint Statements and agreements signed by the two Parties and governments in order to strengthen bilateral ties. The Prime Minister praised the outcome of the meetings between the Party Organization Commissions of the two countries.

Source: VOV5