Sinch launches new solutions for brands on WhatsApp

Sinch

 Businesses can now share additional information and create two-way customer conversations on the world’s most popular messaging platform

STOCKHOLM and ATLANTA – June 15, 2021 – Sinch AB (publ), a global leader in cloud communications for mobile customer engagement, today announced that brands can now use the Sinch Conversation API to share additional information, such as back-in-stock updates, product recommendations, and more with opted-in WhatsApp users in applicable regions.

WhatsApp, the messaging platform used by 2 billion people worldwide, recently said how it is improving the way businesses can communicate with their customers and will support more types of messages people opt-in to receive, which will make it easier to follow up with customers outside of a 24-hour window.

But developing, integrating and orchestrating conversation interactions, can be challenging and complex for businesses. With Sinch’s longstanding WhatsApp business API expertise combined with its powerful Conversation API, brands can now confidently build and scale rich, engaging conversations with WhatsApp users and send billions of customized messages through the app.

Sinch’s Conversation API is a single, unique API through which businesses can communicate with people over multiple mobile channels such as Instagram, Facebook Messenger, SMS, MMS, RCS and WhatsApp.

“Today, people expect to reach brands on whatever social or mobile channel they use. WhatsApp is a hugely popular channel and now businesses can directly engage in-app with users in a new way, sharing additional kinds of information and campaigns,” said Eduardo Henrique, Sinch’s Chief Business Development Officer. “Sinch had early access to these features and has led in this channel, handling high volumes of messages on behalf of customers, especially at key times like Black Friday. Brands seeking to use WhatsApp to connect with their customers can be confident that Sinch can deliver the scale, security and quality needed, while eliminating complexity.”

iFood, a Brazilian food delivery platform that hosts more than 1.4 million customer conversations per year, is one of the first companies to leverage Sinch’s WhatsApp solution. As iFood looked to improve its entire delivery chain, the company leveraged Sinch and WhatsApp to create conversations designed to sign up more restaurants, register new delivery staff and improve sales and customer service. iFood achieved 38x (38 times) more sales conversions on WhatsApp than on other channels with the same marketing campaign.

To support companies as they begin developing content and high-quality campaigns for WhatsApp, Sinch is offering tools including a “Warm Up” program which:

  • Ensures messages always follow the WhatsApp Business Policy.
  • Allows the sending of messages only to users who have accepted to receive messages from your company or have opted to interact with the brand on WhatsApp for less than four months.
  • Creates highly personalized, useful messages for users while eliminating any vague or introductory welcome messages.
  • Prevents the sending of multiple messages a day to customers, keeping all communication informative and concise.

WhatsApp is supporting more types of messages in Brazil, Colombia, Egypt, Germany, Israel, Italy, Jamaica, Malaysia, Netherlands, Nigeria, Russia, Saudi Arabia, Singapore, Spain, South Africa, Turkey, United Arab Emirates, United Kingdom and the United States.

According to WhatsApp, the company wants to ensure users have a valuable experience when messaging with businesses on WhatsApp. People are always in control and can block/report a business at any time.

About Sinch

Sinch brings businesses and people closer with tools enabling personal engagement. Its leading cloud communications platform lets businesses reach every mobile phone on the planet, in seconds or less, through mobile messaging, voice and video. Sinch is a trusted software provider to mobile operators, and its platform powers business-critical communications for many of the world’s largest companies. Sinch has been profitable and fast-growing since its foundation in 2008. It is headquartered in Stockholm, Sweden, and has a local presence in more than 40 countries. Shares are traded at NASDAQ Stockholm: XSTO:SINCH. Visit us at sinch.com.

For further information, please contact:

Jeff Hasen
Vice President, Content & Communications

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George Clinical and Omico Align to Evolve Oncology Study Enrollment Through Genomic Profiling in Australia

SYDNEY, June 15, 2021 (GLOBE NEWSWIRE) — George Clinical, a global scientifically-backed clinical research organization, and Omico, an Australian-based not-for-profit national precision oncology platform, have aligned to revolutionize oncology clinical trial access for patients and improve the efficiency of study enrollment.  The two organizations began collaborating in late 2020 and announced the joint effort during the 2021 ASCO Annual Meeting.

“Helping clinicians and cancer centers target the right patients for the right clinical trials will not only accelerate study enrollment, it will help patients get quicker access to the studies most relevant to their treatment needs,” stated Chief Medical Officer Maria Ali.  “We are excited this novel relationship with Omico can be a game changer for sponsors globally and patients locally.”

 Genomic profiling is changing cancer medicine, enabling mapping of the mutational circuitry of cancers. Dozens of highly effective therapies have changed treatment options for many cancers and have received regulatory approval. This evolution has driven the development of large-scale genomic profiling programs linked to biomarker-dependent therapeutic trials.

 In Australia, a national precision oncology platform to enable large-scale genomic screening of cancer patients has been developed through the innovative work of Omico. The George Clinical collaboration with Omico looks to harness the paradigm-shifting potential of this platform to change the way oncology trials are conducted in Australia.

 “There are major economic and logistic challenges to unlocking the potential of precision oncology for cancer patients,” stated Professor David Thomas, CEO of Omico and Head of the Genomic Cancer Medicine Laboratory at the Garvan Institute of Medical Research.  “In the era of biomarker-dependent drug development, novel and more efficient approaches to genomic profiling have the potential to revolutionize clinical trial access for both patients and clinicians.  These major operational barriers faced by oncology trials will be overcome through the collaboration between the Omico platform and a global CRO like George Clinical,” said Thomas.

About George Clinical

George Clinical is a leading global clinical research organization founded in Asia-Pacific driven by scientific expertise and operational excellence. With more than 20 years of experience and more than 300 people managing 38 geographical locations throughout the USA, Asia-Pacific region and Europe, George Clinical provides the full range of clinical trial services to biopharmaceutical, medical device, and diagnostic customers, for all trial phases, registration and post-marketing trials.

Contact:          mreabold@georgeclinical.com

Website:         https://www.georgeclinical.com

LinkedIn:         https://www.linkedin.com/company/george-clinical-pty-ltd

Twitter:           https://twitter.com/george_clinical

Facebook:       https://www.facebook.com/georgeclinical

For more information of George Clinical, contact:

Donna McDonnell

M +1-901-229-5345

E dmcdonnell@georgeclinical.com

W georgeclinical.com | georgeinstitute.org

For more information on Link Health, contact:

Shaofeng He

T (0086) 020-82118463

E office@healthinlink.com

W www.healthinlink.com/en

B3-601, No 162 Science Avenue, Huangpu District, Guangzhou, China

400 Amsterdam Science Park, Netherlands

Donna McDonnell
George Clinical
901-229-5345
dmcdonnell@georgeclinical.com

 

Constellation Brands and Modelo Partner to Help Empower Hispanics to Achieve the American Dream Through $500,000 Contribution to UnidosUS

VICTOR, N.Y. and CHICAGO, June 15, 2021 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, in partnership with Modelo, the beer brewed for those with The Fighting Spirit™, announced today a collective $500,000 contribution to UnidosUS, the nation’s largest Latino civil rights and advocacy organization. The contribution will provide UnidosUS with resources to strengthen Hispanic families’ financial security through financial empowerment and homeownership programs.

“One of our focus areas for our Corporate Social Responsibility strategy is a commitment to serve as a catalyst for economic development and prosperity for disadvantaged communities,” said Mike McGrew, Constellation Brands’ Executive Vice President, and Chief Communications, CSR, and Diversity Officer. “The Hispanic population is the fastest growing demographic in the U.S., and our authentic Mexican beer brands have been an integral part of special moments for members of this community for many years. As an extension of this shared cultural appreciation and inherent connection, we are proud to support UnidosUS and are committed to doing our part to provide resources and support to address systemic issues preventing a more equitable chance at success for members of Hispanic communities across the U.S.”

In the last year, the economic downturn brought on by the COVID-19 pandemic has further highlighted the systemic barriers that put Hispanic communities at a disadvantage across the U.S. The median wealth of a Hispanic household is five times lower than that of a white counterpart (1). And within the last year alone, nearly 60 percent of Hispanic households have reported lower incomes, which is nearly twice as much as their white counterparts.(2)

Homeownership is a key indicator of financial mobility, and UnidosUS believes reaching this goal is key to an individual’s ability to build wealth. Constellation and Modelo’s contributions will support financial literacy programs by providing funds to the UnidosUS National Homeownership Network, which has provided more than 590,000 families with housing counseling. In addition, more than 30,000 people have been able to buy their own homes and 90,000 families have avoided foreclosure.

“Modelo has a tradition of honoring those who embody the fighting spirit and show grit, perseverance, and determination in the face of adversity,” said Greg Gallagher, Vice President, Modelo Brand Marketing. “We are proud to work with UnidosUS and to help support their mission to provide our core Hispanic audience with the necessary resources to build unified, prosperous, and resilient communities.”

To identify the right programs and organization, Constellation tapped into its ¡SALUD! business resource group – standing for Supporting and Attracting Latinos United for Diversity and Development. The ¡SALUD! team helped to identify financial literacy and housing empowerment as areas of support that could truly make long-term impact in the economic development and prosperity of the Hispanic community and played a role in vetting organizations that could best deliver impact in these areas.

Through its unique combination of research, advocacy, programs, and a national network of nearly 300 community-based affiliate organizations across the country, UnidosUS works to lift the social, economic, and political barriers that affect Latinos in the United States. For more information on UnidosUS, visit www.unidosus.org or follow UnidosUS on Facebook, Instagram, and Twitter.

(1)   Economic indicators Gap: Pew Research Center analysis of 2020 Current Population Survey Annual Social and Economic Supplement (IPUMS)
(2)   Collage Group Latinum COVID Impact Study April 2020

ABOUT CONSTELLATION BRANDS
At Constellation Brands (NYSE: STZ and STZ.B), our mission is to build brands that people love because we believe sharing a toast, unwinding after a day, celebrating milestones, and helping people connect, are Worth Reaching For. It’s worth our dedication, hard work, and the bold calculated risks we take to deliver more for our consumers, trade partners, shareholders, and communities in which we live and work. It’s what has made us one of the fastest-growing large CPG companies in the U.S. at retail, and it drives our pursuit to deliver what’s next.

Today, we are a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Every day, people reach for our high-end, iconic imported beer brands such as Corona Extra, Corona Light, Corona Premier, Modelo Especial, Modelo Negra, and Pacifico, and our high-quality premium wine and spirits brands, including the Robert Mondavi brand family, Kim Crawford, Meiomi, The Prisoner brand family, SVEDKA Vodka, Casa Noble Tequila, and High West Whiskey.

But we won’t stop here. Our visionary leadership team and passionate employees from barrel room to boardroom are reaching for the next level, to explore the boundaries of the beverage alcohol industry and beyond. Join us in discovering what’s Worth Reaching For.

To learn more, follow us on Twitter @cbrands and visit www.cbrands.com.

ABOUT UNIDOS US

UnidosUS, previously known as NCLR (National Council of La Raza), is the nation’s largest Hispanic civil rights and advocacy organization. Through its unique combination of expert research, advocacy, programs, and an Affiliate Network of nearly 300 community-based organizations across the United States and Puerto Rico, UnidosUS simultaneously challenges the social, economic, and political barriers that affect Latinos at the national and local levels. For more than 50 years, UnidosUS has united communities and different groups seeking common ground through collaboration, and that share a desire to make our country stronger. For more information on UnidosUS, visit www.unidosus.org or follow us on Facebook, Instagram, and Twitter.

ABOUT MODELO®
Born in 1925 in the small town of Tacuba, Mexico, Modelo has been bringing distinctive high-quality beer to people ever since, including Modelo Especial®, Modelo Negra®, Modelo Chelada Especial™, Modelo Chelada Tamarindo Picante™, Modelo Chelada Limón y Sal™ and Modelo Chelada Mango y Chile™. Modelo Especial is a golden, full-flavored Pilsner-style Lager with a clean, crisp finish whose original recipe was first brewed under the vision to create a ‘model’ beer. As the #1 imported beer in the U.S., Modelo Especial surpassed 100MM cases sold in 2018. The Modelo family of beers are exclusively brewed, imported and marketed for the U.S. by Constellations Brands.

MEDIA CONTACTS INVESTOR RELATIONS CONTACTS
Mike McGrew 773-251-4934 / michael.mcgrew@cbrands.com
Amy Martin 585-678-7141 / amy.martin@cbrands.com
Patty Yahn-Urlaub 585-678-7483 / patty.yahn-urlaub@cbrands.com
Marisa Pepelea 312-741-2316 / marisa.pepelea@cbrands.com

A downloadable PDF copy of this news release can be found here. http://ml.globenewswire.com/Resource/Download/10589cfd-9f08-4e17-b594-8a006e1fd02f

PANGEA-RISK Special Report: How the Pandemic Has Eroded Cape Verde’s Political and Judicial Institutions

Press Release on Cape Verde Special Report, June 2021

LONDON, June 15, 2021 (GLOBE NEWSWIRE) — PANGEA-RISK https://www.pangea-risk.com/ published a special report on HOW THE PANDEMIC HAS ERODED CAPE VERDE’S POLITICAL AND JUDICIAL INSTITUTIONS. Direct link to the report: https://www.pangea-risk.com/special-report-how-the-pandemic-has-eroded-cape-verdes-political-and-judicial-institutions/

The worst economic crisis in 45 years has left Cape Verde increasingly exposed to organised crime and money laundering that are undermining the country’s political stability and eroding its judicial independence. Based on a new investigation and risk assessment by PANGEA-RISK, the archipelago’s favourable rankings on global indexes no longer match the situation on the ground.

The Central Atlantic Ocean archipelago of Cape Verde has suffered one of the most acute impacts of the global pandemic that has begun to undermine the country’s political and judicial institutions as the state becomes increasingly desperate to secure new sources of funding. While Cape Verde’s political system has previously achieved Mo Ibrahim-price winning accolades, the country’s institutions are increasingly at risk of being hijacked by organised drug trafficking, money laundering, and other organised criminal activities.

Cape Verde suffered one of the deepest annual economic contractions in Africa last year and currently has the third largest gross public debt burden as a proportion of its economic output. With no prospect in sight for an economic recovery, local state institutions are going unfunded and are vulnerable to intimidation, extortion, and corruption from criminal elements that include the Russian mafia, Latin American drug cartels, and Angolan money launderers. The reality on the ground therefore does not match the country’s favourable rankings on global indexes.

PANGEA-RISK delves a little deeper into the drivers of political risk in Cape Verde and assesses that the country’s political stability and judicial legitimacy is under growing threat.

Media Contact:
Sumaiya Patel
Intelligence Manager
Sumaiya.Patel@pangea-risk.com
https://www.pangea-risk.com/

About

PANGEA-RISK is a specialist intelligence firm providing analysis and forecasts on political, security, and economic risk in Africa and the Middle East. The company was founded in 2015 as EXX Africa, rebranded as PANGEA-RISK in 2020, and has since become a leading risk advisory and consultancy with a broad network of clients ranging from DFIs, banks, traders, corporates, and insurers, to governments, counterterrorism, and military forces worldwide.

Teledyne Optech launches CZMIL SuperNova, a full geospatial bathymetric lidar solution with industry-leading depth penetration

The CZMIL SuperNova is powered by Teledyne CARIS processing software for creation of seamless topo/bathy data products

Teledyne Optech’s CZMIL SuperNova

The CZMIL SuperNova boasts the best depth penetration in its class

VAUGHAN, Ontario, June 15, 2021 (GLOBE NEWSWIRE) — Teledyne Optech and Teledyne CARIS, both Teledyne Technologies [NYSE:TDY] companies and global leaders in advanced lidar sensors and marine mapping software, announce their next generation bathymetric lidar, the CZMIL SuperNova.

The CZMIL SuperNova boasts the best depth performance and the highest green laser point density in its class. Introducing SmartSpacing technology for even and efficient point spacing, real-time processing capability for reduced post-processing time and configurable modes for maximizing performance in different water environments, the SuperNova provides a wide range of inputs for climate change modelling and is Ideal for inland water environments, base mapping for coastal zones and shoreline.

To complete the solution, Teledyne CARIS has integrated its BASE Editor software for seamless data processing capacity. Leveraging AI techniques for land/water discrimination and noise classification the CZMIL SuperNova bathymetric solution effectively delivers on marketplace demands for efficiencies in the processing workflow.

CZMIL SuperNova Product Manager Jennifer Aitken explained: “CZMIL SuperNova builds on over 30 years of experience with airborne green laser bathymetry. The ability to configure the system on-the-fly and optimize data collection for local conditions has significant benefit. We are getting plenty of signal at 600 meters altitude and even higher, so our coverage area is increasing without sacrificing depth penetration.”

For more information visit https://www.teledyneoptech.com/en/products/airborne-survey/czmil-supernova/

About Teledyne Optech
Teledyne Optech is a part of the Teledyne Imaging Group and a world leader in high-accuracy lidar 3D survey systems, integrated cameras, and productivity-enhancing workflows. With operations and staff worldwide, Teledyne Optech offers both standalone and fully integrated lidar and camera solutions for airborne mapping, airborne lidar bathymetry, mobile mapping, terrestrial laser scanning, and mine cavity monitoring, as well as space-proven sensors. Teledyne Optech supports its clients with an around-the-clock team, on-site service, and regular efficiency enhancements to the workflow of its integrated systems.

About Teledyne CARIS
Teledyne CARIS is part of the Teledyne Imaging group. For 40 years, Teledyne CARIS has been the leading developer of marine mapping software. We offer a highly effective solution for near real-time processing, robust quality control of sonar data, and the creation and distribution of maps, charts, and digital datasets.

Media Contact:
Jennifer Parham, Marketing Manager, Geospatial
jennifer.parham@teledyne.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/904c8a9f-125f-42e6-bf5e-5a2237f884ea

Nexen Tire N’FERA SPORT selected as original equipment on Volkswagen Golf and SEAT Leon

Nexen Tire N’FERA SPORT Golf and Leon approved by VW and Leon

Nexen Tire N’FERA SPORT Golf and Leon approved by VW and Leon

SEOUL, South Korea, June 15, 2021 (GLOBE NEWSWIRE) — Nexen Tire, a leading global tire manufacturer, today announced that the N’FERA SPORT will feature as original equipment on Volkswagen’s eighth generation Golf and SEAT’s fourth generation Leon, fitted in size 225/45R17 91W.

The Golf, also known as the “Hot Hatch,” is Volkswagen’s flagship model and has sold over 35 million units since its launch in 1979. Meanwhile, the Leon is a representative hatchback model of Spanish automotive company SEAT, with over 2 million units sold since launching in 1999.

The N’FERA SPORT is designed for European sports vehicles, providing outstanding performance and safety during high-speed driving. In particular, this product is characterized by excellent handling and braking performance, even during sudden stops.

The tire has received a tally of accolades of strong ratings and results, including from top German automotive magazine Auto Club Europa (ACE) Lenkrad which recently rated the N’FERA SPORT in first place in the summer tire test.

Meanwhile, Nexen Tire is continuing to increase its OE supply across all countries in Europe.

About Nexen Tire

Nexen Tire, established in 1942, is a global tire manufacturer headquartered in South Korea. Nexen Tire, one of the world’s fastest growing tire manufacturers, currently interacts with approximately 150 countries around the world and owns four manufacturing plants – two in Korea (Yangsan and Changnyeong) and one in Qingdao, China. Another plant in Žatec, the Czech Republic has also begun operation in 2019. Nexen Tire produces tires for passenger cars, SUVs, and light trucks with advanced technology and excellence in design. Nexen Tire supplies OE tires to global car makers in various countries around the world. In 2014, the company achieved a grand slam of the world’s top 4 design awards for the first time amongst the various tire makers in the world.

For more information, please visit https://www.nexentire.com/international/

CONTACT: Sylvia Chang, sylvia.chang@pivotp.co.kr

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0f20b5d8-f6e9-49c0-a657-09865c6b3295

Business travel will be more important than ever to driving success says 81% of global leaders

VistaJet Business

Global Business

New report measures value of business travel for first time

London, June 15, 2021: Only 24 months ago, business travel was synonymous with global corporations and senior executives’ roles. During the global lockdowns, companies have experienced the direct impact of no travel or in-person meetings on their business functions and operations. In new research from VistaJet, the first and only global business aviation company, in association with WSJ Intelligence, that impact is quantified for the first time.

For The Future of Business Travel report over 200 high-level company executives in the U.S., EMEA and APAC were surveyed about the essential role and value of travel in their professional lives.

During the pandemic, travel has been limited for 90% of companies surveyed, and almost all (97%) said their businesses experienced negative impact directly related to those restrictions. Nearly one-quarter (24%) indicated massive or substantial disruptions across all eight areas measured, and 87% cited massive or substantial disruption in at least one area. More than a third (37%) said international business development and product launches took a hit due to a lack of in-person presence.

As restrictions ease, built-up anticipation for business travel is clear, with 81% saying business travel will be more important than ever to driving success. Among respondents who take eight or more private flights a year, 60% plan to significantly increase in-person meetings.

VistaJet Global 7500

Be the first: Global 7500

VistaJet has seen a surge of 49% in corporate interest around the world since the start of the pandemic, confirming that flying private continues to be a key support for business travel. The main benefits of taking private flights for business travel are reported by those surveyed, in order, as flexibility, efficiency, safety and privacy. The two top priorities for trips are visiting partners and vendors and going to industry events, each at 34%. Managing current relationships and building new ones are also key drivers.

The return to business travel largely hangs on regulations — 46% of respondents are waiting for destinations to reopen; 42% want updated COVID-19 data and rules for destinations; 36% seek support in case COVID-19 regulations change during a trip; and the same number await relaxation of their own company’s travel policies.

Ian Moore, Chief Commercial Officer, VistaJet said: “The COVID-19 pandemic has upended the world, including travel. It also showed that some business travel is truly essential and having to forgo in-person trips came at a real cost to companies. Additionally, it is hard to read a room when everyone is in individual windows on screen — misunderstandings can occur, especially across cultures, and these in turn can become costly mistakes.”

VistaJet Technology

Onboard technology

To further support businesses around the world connect and restart the economy in the midst of heightened market insecurity, VistaJet recently launched a new Corporate Membership, offering speed and maximum flexibility with payment in arrears, unlimited flying hours, guaranteed availability of additional aircraft, and streamlined travel logistics.

For the full findings of The Future of Business Travel report, and to download a copy, please visit vistajet.com/businesstravel.

Information
Jennifer Farquhar | VistaJet | press@vistajet.com

About VistaJet
VistaJet is the first and only global business aviation company. On its fleet of over 70 silver and red business jets, VistaJet has flown corporations, governments and private clients to 187 countries, covering 96% of the world. Founded in 2004, the company pioneered an innovative business model where customers have access to an entire fleet whilst paying only for the hours they fly, free of the responsibilities and asset risks linked to aircraft ownership. VistaJet’s signature Program membership offers customers a bespoke subscription of flight hours on its fleet of mid and long-range jets, to fly them anytime, anywhere.
VistaJet is part of Vista Global Holding — the world’s first private aviation ecosystem, integrating a unique portfolio of companies offering asset-light solutions to cover all key aspects of business aviation.
More VistaJet information and news at vistajet.com

VistaJet Limited is a European air carrier that operates 9H registered aircraft under its Maltese Air Operator Certificate No. MT-17 and is incorporated in Malta under Company Number C 55231. VistaJet and its subsidiaries are not U.S. direct carriers. VistaJet-owned and U.S. registered aircraft are operated by properly licensed U.S. air carriers, including XOJET Aviation LLC.

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Toga Limited’s Yippi App Employs Electronic Know Your Customer Technology to Expediate Its User Onboarding Process

PETALING JAYA, Malaysia, June 14, 2021 (GLOBE NEWSWIRE) — Toga Limited (OTC: TOGL) through its wholly owned subsidiary, TOGL Technology Sdn Bhd, collaborates with a renowned cloud computing company and an electronic Know-Your-Customer (e-KYC) technology provider to expediate the online process of identifying and verifying individuals from five days to 24 hours, for its social media mobile app, Yippi.

The strategic partnership enables the Yippi customer service (CS) team to reduce the turnaround time for the online process of identifying and verifying individuals anytime and anywhere, as the e-KYC system allows new users to open a Yippi account and verify their identities simply by scanning their national identity card and taking a photo.

“With the e-KYC system in place, we are able to reduce identity fraud by means of its comprehensive ID document security check; comprehensive artificial intelligence (AI) model specifically facial recognition, and risk engine that can identify frauds automatically, hence speeding up approval notifications for our CS team with the necessary information to approve or reject applications, as needed,” said TOGL Technology Chief Technology Officer, Mr. Freddy Chia Kah See.

“Additionally, under special circumstances, our team also conducts e-KYC to utilize technology like AI, machine learning and predictive algorithms to manage the process,” he added.

“The introduction of e-KYC is also in line with our efforts to facilitate greater digital offerings of Yippi services, and we expect it will pave the way to greater innovation in the social media app sector, including end-to-end offerings of digital services for our users,” said Mr. Chia.

Yippi applies an e-KYC digital and remote online solution system, which combines biometrics security technology, “spoof detection” and optical character recognition. Biometric security analyzes the unique characteristics of a person, such as one’s voice, iris or fingerprints. Spoof detection, also called “liveness”, entails a user responding to a challenge, such as blinking on cue, which is an action impossible for a static image a fraud might use. Optical character recognition transforms a picture of an ID card into text that can be compared against a database for name and identity verification.

Contact:

Alexander D. Henderson
TOGA LIMITED, 515 S. Flower Street, 18th Floor, Los Angeles, CA 90071
(949) 333-1603
info@togalimited.com

Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Any statements contained herein that are not statements of historical fact (including, but not limited to, statements to the effect that Toga Limited or its management (the “Company”) “anticipates,” “plans,” “estimates,” “expects,” or “believes,” or the negative of these terms and other similar expressions) should be considered forward-looking statements, including, without limitation, statements regarding the Company’s guidance, outlook, growth, opportunities and long-term strategy. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this release. These risks and uncertainties include, without limitation, risks associated with the impact of the COVID-19 pandemic; the Company’s ability to execute on its long-term strategy; the Company’s ability to successfully compete in its intensely competitive industry; the Company’s ability to manage its growth; the Company’s ability to maintain or improve its operating margins; the Company’s ability to identify and react to trends in consumer preferences; product supply disruptions; general economic conditions; accounting standard changes; and other factors as set forth from time to time in the Company’s Securities and Exchange Commission filings, including, without limitation, the Company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The Company intends these forward-looking statements to speak only as of the time of this Press Release and does not undertake to update or revise them as more information becomes available, except as required by law.