Daily Archives: June 7, 2018

AI, captain! Hitachi Partners with Stena Line to Implement Digital Technology in Shipping

Hitachi helps ferry operator Stena Line to increase business performance whilst maintaining commitment to sustainable shipping operations

LONDON, June 07, 2018 (GLOBE NEWSWIRE) — Hitachi Europe Ltd., a subsidiary of Hitachi, Ltd. (TSE:6501), has partnered with Stena Line, one of the largest shipping companies in Europe, to implement artificial intelligence technology on ships to reduce fuel consumption costs and become an important tool in the company’s efforts to minimise environmental impact.

The partnership will see a team of Hitachi experts from across its business units review the existing digital architecture, in close collaboration with Stena Line, and advise the ferry company as it aims to become the world’s leading cognitive shipping company by 2021.

Controlling fuel consumption is vital to Stena Line’s business, since it is a major part of their total cost base. By leveraging cutting-edge AI technologies, Hitachi will be able to identify the key factors causing high fuel consumption and, critically, advise how to make operations more efficient.

Stena Line is at the forefront of the shipping industry’s efforts to reduce its environmental footprint whilst increasing efficiency through the integration of smart technology.

Hicham Abdessamad, Chief Executive Officer, Hitachi Global Digital Holdings Corporation, Corporate Officer of Hitachi, Ltd said: “Digitalisation plays a key role in helping industries such as shipping optimise their operations for both financial performance and environmental impact. We are engaged with Stena Line on a number of strategic co-creation initiatives and we see this as an important next step in providing digital expertise to help them achieve positive business and societal outcomes.”

Rune Kleiberg, Head of digital strategy, Stena Line said: “With a structured approach and by taking continuous initiatives, the aim is for Stena Line to become a leader in sustainable shipping. We are pleased to have Hitachi on board to help us in our cognitive journey to improve fleet operation across ship and shore, providing new capabilities for safer and more sustainable ferry journeys, as well as helping improve operational efficiencies and overall vessel performance.”

About Hitachi Europe Ltd.
Hitachi Europe Ltd., a subsidiary of Hitachi, Ltd., is headquartered in Maidenhead, UK. The company is focused on its Social Innovation Business – delivering innovations that answer society’s challenges. Hitachi Europe and its subsidiary companies offers a broad range of information & telecommunication systems; rail systems, power and industrial systems; industrial components & equipment; automotive systems, digital media & consumer products and others with operations and research & development Laboratories across EMEA. For more information, visit http://www.hitachi.eu.

About Hitachi, Ltd.
Hitachi, Ltd. (TSE:6501), headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges, combining its operational technology, information technology, and products/systems. The company’s consolidated revenues for fiscal 2017 (ended March 31, 2018) totaled 9,368.6 billion yen ($88.4 billion). The Hitachi Group is an innovation partner for the IoT era, and it has approximately 307,000 employees worldwide. Through collaborative creation with customers, Hitachi is deploying Social Innovation Business using digital technologies in a broad range of sectors, including Power/Energy, Industry/Distribution/Water, Urban Development, and Finance/Social Infrastructure/Healthcare. For more information on Hitachi, please visit the company’s website at http://www.hitachi.com.

HITACHI is a trademark or registered trademark of Hitachi, Ltd. All other trademarks, service marks, and company names are properties of their respective owners.

COMPANY CONTACT
Kelly Smith
Hitachi Europe Ltd.
Kelly.Smith@Hitachi-eu.com
+447748555915

Logistics Service Provider B+S Logistik Achieves Rapid Ecommerce Growth using Descartes pixi* Warehouse Management Solution

MUNICH, Germany, June 07, 2018 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that B+S Logistik (B+S GmbH Logistik und Dienstleistungen), a leading German logistics service provider (LSP), has expanded its contract logistics business with new business-to-consumer (B2C) ecommerce operations using the Descartes pixi* warehouse management solution (WMS) to support order fulfillment in fashion, food distribution and other segments.

“After only one year, approximately 15% of our business is now B2C ecommerce and a combination of B2B/B2C commerce (omnichannel),” said Manuel Unkel, CEO at B+S Logistik. “Using the Descartes pixi* WMS and its multi-order picking capabilities, we’re able to efficiently process anywhere from 2,000 to 10,000 parcel shipments per day.”

B+S Logistik requires flexibility and scale to support seasonal demands and other types of peaks in consumer buying behaviors inherent in the industries they serve. With Descartes, the company can onboard new customers quickly and cost effectively. B+S Logistik’s implementation took only eight weeks and provides robust capabilities to manage the entire ecommerce fulfillment lifecycle including order receipt; pick, pack and ship; item availability; and visibility tracking.

Descartes pixi* WMS is a cloud-based, flexible solution for efficient ecommerce fulfilment and warehouse management. Diverse organizations including online pure-players, traditional retailers and manufacturers, B2B wholesale distributors and LSPs, such as B+S Logistik, can use the solution to automate warehouse management processes for ecommerce order fulfillment and to exchange information seamlessly with enterprise resource planning (ERP) and financial systems. Descartes pixi* WMS helps companies improve productivity and reduce costs by automating shipping processes, nearly eliminating order processing errors, sending more packages per employee, and streamlining returns handling.

“We’re pleased that our solution is playing an important part in the rapid ecommerce business growth at B+S Logistik,” said Dirk Haschke, VP, Sales & Ecommerce Operations at Descartes. “Ecommerce continues to drive significant growth in business and consumer markets. The Descartes pixi* WMS solution and team of ecommerce domain experts can help customers rapidly meet operational and technological requirements to capitalize on their ecommerce opportunities domestically and internationally.” A video with more B+S Logistik details is available at https://ecommerce.descartes.com/.

About B+S Logistik and Dienstleistungen
For more than 16 years, B+S Logistik has been active in Germany and Europe. Founded in April 2001 by Stefan Brinkmann and Hans Dieter Schürmeyer, B+S has developed into one of the leading logistics service providers in Germany. As a reliable partner, the company convinces through confident actions, clear structures, transparent and cost-efficient processes, flexibility, and passion for logistics, especially in the field of promotional and contract logistics. To further improve our performance for our customers, B+S Logistik built seven locations throughout Germany with more than 200,000 sqm of logistics space. B+S also has a presence in the port of Hamburg, the country’s largest freight handling port and owns a fleet of 60 trucks (tarpaulin, box-body, refrigerated vehicles), which allows B+S to provide competitive and cost-efficient logistics services that support highly complex logistics orders. Learn more at http://www.b-slogistik.de/.

About Descartes Systems Group         
Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com and ecommerce.descartes.com, and connect with us on LinkedIn and Twitter.

Global Media Contact
Mavi Silveira                                                                                  
Tel: +1(800) 419-8495 ext. 202416                                                      
msilveira@descartes.com

Cautionary Statement Regarding Forward-Looking Statements
This release contains forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that relate to Descartes’ solution offering and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, “Certain Factors That May Affect Future Results” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes most recently filed management’s discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

Paysafe announces Google partnership

Paysafe’s paysafecard collaboration with Google enables millions of consumers to take part in online shopping for the first time

VIENNA, Austria, June 07, 2018 (GLOBE NEWSWIRE) — Paysafe, a leading global payments provider, announces a new partnership with Google. Paysafe’s prepaid business paysafecard is now being accepted as a payment method in the Google Play Store, the app store for Android-certified devices, opening the door to the digital era for millions of customers.

From now on, customers without a credit card or digital banking services, or who don’t want to enter their financial data online for security reasons, can pay online in the Google Play Store using paysafecard. paysafecard enables consumers who prefer or need to use cash to pay online, simply and safely, using the 16-digit PIN to complete the payment transaction.

“The formation of this exciting partnership is a significant milestone in the history of our company and the launch follows close collaboration and dedication from both of our teams to include paysafecard as the latest payment method for users. Google is one of the best-known brands in the world, if not the best, so partnering with them for our current and prospective customers is a momentous business move,” says Udo Müller, CEO of paysafecard. “The risk of fraud and sharing personal data online still concern many consumers. Lost in Transaction: Payment Trends 2018, our proprietary research launched earlier this week, shows that half of respondents worry about fraudulent purchases and 48% worry about the safety of their personal data. This is why offering paysafecard as a way to pay in the Google Play Store has come at the right time to enable consumers and both companies to benefit.”

The international rollout of the partnership between paysafecard and Google starts in Poland, where more than one million people a year use paysafecard. paysafecard is currently available in 46 countries and there are more than 600,000 sales outlets worldwide, around 40,000 of which are in Poland.

More information can be found here.

About Paysafe

Paysafe is a leading global provider of end-to-end payment solutions. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet and online cash solutions. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. With over 20 years of online payment experience, a combined transactional volume of US $56 billion in 2017 and over 2,600 staff located in 12+  global locations. Paysafe connects businesses and consumers across 200 payment types in over 40 currencies around the world. For more information, visit www.paysafe.com.

For media enquiries, please contact:

Anna Howard

Head of Corporate Communications, Paysafe Group
E: Anna.Howard@paysafe.com M: +447585 967772

Syntonic announces international launch of the Freeway Roaming Service™ for mobile carriers

New service enables operators to accelerate growth in international roaming ARPUs by participating in the US$676 billion generated by online travel services

SEATTLE, June 06, 2018 (GLOBE NEWSWIRE) — Syntonic, a mobile platform and services provider, today announced the commercial launch of its international Freeway Roaming Service for mobile carriers.

Syntonic’s Freeway Roaming Service enables mobile carriers to capture new revenue streams from their international roaming subscribers by participating in the US$676 billion generated by online travel transactions.

The Freeway Roaming Service is a white-labeled service that can be branded by mobile carriers and offers data-free access to travel services paid for by app affiliation fees and transaction commissions from consumer purchases. The service enables travel app providers to capture lost transactional opportunities from travelers who turn off their expensive cellular data connection when roaming internationally.

Additionally, the Freeway Roaming Service provides a convenient way for travelers to purchase data roaming packages and micro-data plans to premium apps to further enhance carrier international roaming ARPU.

With the Freeway Roaming Service, international travelers no longer need to turn-off mobile data, wait for uncertain Wi-Fi access, or inconveniently purchase a local SIM. This always-connected international subscriber translates into additional carrier ARPU through participation in the app economy.

The first deployment of the Freeway Roaming Service is with Smart Communications, which will provide their 57.7 million subscribers, when travelling abroad, with sponsored access to mobile apps and content through the RoamFree by Smart® international traveler application, available in the App Store and Google Play Store. The upcoming version of RoamFree, powered by the Freeway technology platform, provides Smart’s international travelers with data-free access to essential and popular travel services such as Agoda, AirBnB, Grab, Uber, Klook, TripAdvisor, ATM Finder, Google Maps, and Groupon.

“This partnership and roaming service rollout with Smart represents an important milestone and the first announced deployment of our Freeway Roaming Service,” said Syntonic founder and CEO Gary Greenbaum. “Along with the revenue-advancing benefits, our technology platform enables mobile carriers to add more value for subscribers, reduce customer churn, and better monetize their roaming services.”

Alice Ramos, Vice President of International Roaming for Smart Communications, commented, “We are proud to be working with Syntonic that shares our zeal in delivering enriching travel experiences for our subscribers.”

“Smart customers already enjoy roaming plans that are simple, easy and affordable, with the power to track usage in real time,” she added. “Now, RoamFree democratizes roaming while allowing Smart to enhance in-trip experiences. With Syntonic, we are expanding our services from roaming access to travel content, further and faster than before.”

For more information, please contact info@syntonic.com.

About Syntonic 
Syntonic Ltd (SYT.ASX) is a Seattle based software company which has developed two mobile technology services: Freeway by Syntonic®, which allows consumers unlimited mobile access to content and applications, supported by paid subscription and sponsorship; and Syntonic DataFlex®, which enables businesses to manage split billing expenses for employees when they use their personal mobile phones for work. Founded in 2013, Syntonic has developed worldwide strategic partnerships with leaders in the mobile ecosystem.

For media enquiries, please contact:

Paul Lonnegren
Pulse8 PR
plonnegren@pulse8pr.com
(720) 470-7488

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a2baf39d-196c-41ad-ab3b-5d3e36876084

Northrop Grumman Completes Orbital ATK Acquisition, Blake Larson Elected to Lead New Innovation Systems Sector

FALLS CHURCH, Va., June 06, 2018 (GLOBE NEWSWIRE) — Northrop Grumman Corporation (NYSE:NOC) today announced it has closed the acquisition of Orbital ATK Inc. (“Orbital ATK”), a global leader in aerospace and defense technologies. Orbital ATK is now Northrop Grumman Innovation Systems, a new, fourth business sector.

Northrop Grumman’s board of directors has elected Blake Larson as corporate vice president and president of Northrop Grumman Innovation Systems, reporting to Kathy Warden, Northrop Grumman’s president and chief operating officer. Larson previously served as the chief operating officer of Orbital ATK.

“We welcome Orbital ATK’s talented employees,” said Wes Bush, chairman and chief executive officer, Northrop Grumman. “We are delighted to have them join the Northrop Grumman team, and we are very excited about the value creation our combination represents for our customers, shareholders and employees. Together, through our leading technologies and innovation-focused culture, we look forward to developing enhanced mission capabilities and more competitive offerings in critical global security domains,” said Bush.

“I am also excited to welcome Blake to our leadership team,” Bush added.  “He is a proven leader and I know that he will continue to focus on performance and innovation as the president of our new Innovation Systems sector.”

Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, strike, and logistics and modernization to customers worldwide. Please visit news.northropgrumman.com and follow us on Twitter, @NGCNews, for more information.

Cautionary Statement Regarding Forward-Looking Statements
Statements in this press release, other than statements of historical fact, constitute “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “will,” “anticipate,” “expect,” “intend,” “plan,” “believe,” “estimate,” and similar expressions generally identify these forward-looking statements. Forward-looking statements include, among other things, statements regarding the benefits and implications of the Orbital ATK acquisition. These forward-looking statements speak only as of the date when made, and Northrop Grumman undertakes no obligation to update or revise any forward-looking statements after the date of this press release except as required by applicable law. Forward-looking statements are not guarantees of future performance and inherently involve a wide range of risks and uncertainties that are difficult to predict.  Actual results may differ materially from those described or implied in these statements based on a number of factors.  A discussion of these risks and uncertainties is contained in Northrop Grumman’s Annual Report on Form 10-K and in our other filings with the Securities and Exchange Commission.

Contact:

Tim Paynter (media)
703-280-2720
timothy.paynter@ngc.com
                                                            
Steve Movius (investors)
703-280-4575
steve.movius@ngc.com

Vietnam, UK should utilise cooperation potential: President

President Tran Dai Quang has called on Vietnam and the UK to fully tap into potential for cooperation in order to boost the bilateral strategic partnership in a more comprehensive, pragmatic and effective fashion.

At a reception for outgoing UK Ambassador Giles Lever in Hanoi on Thursday, the President affirmed that Vietnam attaches importance to promoting the strategic partnership with the UK, one of the country’s priority European partners. He urged the two countries to increase cultural and sport exchange programs to reinforce their friendship and mutual understanding. The President suggested both sides maintain and enhance the exchange of high-ranking delegations to create political trust, step up economic, trade and investment links, expand collaboration in national defence-security, crime combat and peacekeeping operations, and maintain their affiliation in culture, health care, sports and education-training. The leader also urged the two countries to carry forward mutual consultation and support mechanisms at multi-lateral forums and within the framework of the United Nations. Ambassador Lever reaffirmed the UK government’s commitment to maintaining collaboration with partners in the Asia-Pacific region as the country withdraws from the European Union (EU). He said the UK will continue renewing economic cooperation with Vietnam in many areas such as business climate improvement and green city building. Lever also noted the UK’s strong support for the early signing and ratification of the EU-Vietnam Free Trade Agreement and the Vietnam-UK Bilateral Free Trade Agreement.

Source: VOV5

Tehran prepares activities if nuclear deal fails

Iran’s ambassador to the International Atomic Energy Agency (IAEA) Reza Najafi said on Thursday that Tehran is ready to restart its activities if the Joint Comprehensive Plan of Action (JCPOA) fails.

He said Iran had already notified the IAEA of a plan to reactivate the Uranium Conversion Facility in Isfahan province and the infrastructure for the possible production of new centrifuges. The official stressed that Iran’s measure does not violate the agreement. Najafi said that negotiations were still continuing at an expert level but he pointed out that it could not be an endless process and needed to be concluded very soon.

Source: VOV5