Day: September 15, 2022

September 15, 2022

Philips FetView will offer real-time, off cart remote patient management with access to data from any ultrasound system, anytime and anywhere, to enhance diagnostic confidence for physicians and provide peace of mind for expectant mothers

Amsterdam, the Netherlands and London, United Kingdom – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the upcoming addition of  the FetView cloud-based fetal ultrasound image sharing and reporting software for obstetrics/gynecology (OB/GYN). As a vendor-neutral cloud-based platform for ultrasound images, FetView will utilize the ultrasound image data to convey fetal growth projections and provide a user-friendly platform for physician to physician and physician to patient communication.

Philips Fetview is an integrated solution that combines fetal ultrasound imaging with enhanced reporting and easy access to an expectant mother’s medical data and fetal images. All results are securely stored and displayed in real time. With this upcoming addition of FetView into Philips’ advanced portfolio for Ultrasound in OB/GYN – which includes Lumify Handheld Ultrasound, diagnostic ultrasound systems EPIQ, Affiniti and mobile app Pregnancy+ – pregnant women and their care teams will have access to a comprehensive overview of how a pregnancy is progressing to help provide peace of mind to patients and enhance diagnostic confidence for clinicians.

With OB/GYN ultrasounds performed in different clinical settings, immediate remote access to ultrasound images and medical histories for collaborative decision-making and easy sharing of images with patients is a challenge. Philips FetView will allow physicians to view, analyze, and annotate ultrasound images in real time via a cloud-based browser-accessible platform for secure image sharing, to help improve quality access to care, reduce patient mobility in case of high-risk pregnancies or post-surgery conditions, and reduce the need to rescan patients. By enabling full digitalization of OB/GYN workflows and patient management, Philips FetView will help drive greater departmental efficiency, reduce costs, and provide a better patient and staff experience.

“I see multiple patients from many areas in my daily practice, and the implementation of FetView has meant a turbo boost in productivity for my practice,” said Prof. Alexander Scharf,  Managing Director, MVZ PraenatGyn, Mainz, Germany. “The flexibility of the software is seamlessly integrated into my existing workflows and everything I need to access in the reporting is just one click away. FetView has also had a very positive impact on my patients, who have showed great enthusiasm for this program. The digital sharing of ultrasound images taken as part of prenatal care in accordance with data protection regulations and shared via a secure portal, help provide added peace of mind which is so important to expectant mothers.”

“The cloud-based reporting and image sharing capabilities of Philips FetView enhance remote communication between physicians and patients,” said Matthijs Groot Wassink, General Manger, OB/GYN Ultrasound at Philips. “By digitizing the workflow, we are taking ultrasound to the next level, delivering smart ultrasound documentation to any OB/GYN practice. The digital reporting and image sharing, and fully customizable design are hugely helpful for physicians, helping to drive efficiency and cost savings with increasing patient satisfaction in their daily practice.”

Philips FetView’s vendor-neutral software will retrieve images and measurement data via a secure encrypted DICOM interface and display them in a structured layout where care team members can easily add new information and data in line with their individual specialisms and produce easy-to-read growth curves. The application also streamlines the generation of reports in PDF format to be uploaded to electronic patient records and shared online with other clinicians and individual patients.

Philips FetView will be featured with additional Philips OB/GYN solutions helping to drive earlier and more definitive diagnoses being showcased at this year’s International Society of Ultrasound in Obstetrics and Gynecology (ISUOG) World Congress (September 16 – 18, 2022, London, U.K.). Philips is also hosting a Satellite Symposium [1] on September 16 at ISUOG 2022 (Hall 3, 12:30 – 13:30 BST), where international thought leaders, including Prof. Scharf, will discuss the future of obstetric and gynecological care and fetal medicine.

[1] Available for 12 months after the event on the ISUOG on-demand portal

For further information, please contact:

Kathy O’Reilly
Philips Global Press Office
Tel.: +1 978-221-8919
E-mail : kathy.oreilly@philips.com
Twitter: @kathyoreilly

About Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and well-being, and enabling better outcomes across the health continuum – from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Philips generated 2021 sales of EUR 17.2 billion and employs approximately 79,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

Attachments

• Clinician uses ultrasound in pregnancy assessment
• Clinician uses Philips ultrasound
• Philips out-of-hospital fetal ultrasound

Q2’ 22 Revenue Sets Record

Taipei, Taiwan, Sept. 15, 2022 (GLOBE NEWSWIRE) — Alchip Technologies sets revenue and net income records for the first half of 2022 and record revenue for Q2 2022.

First half revenue reached a record $194.6 million, while net income for the same period achieved a record $30.5 million.

Second quarter 2022 revenue notched another record of $101.1 million, up 3.9 percent over the $97.4 million from Q2 2021 and up 8.2 percent over Q1 2022 revenue of $93.5 million. At the same time, second quarter net income reached $14.5 million, up 4.3 percent over Q2 2021 net income of $13.9 million, but fell short of Q1 2022 net income of $16 million by 9.5 percent.  Second quarter operating income was reported at $19.3 million, a 10.7 percent increase over Q2 2021 operating income of $17.5 million, but down slightly from Q1 2022 results of $19.6 million.  Earnings per share for Q2 2022 were NTD 6.0.

Revenue for Q2 came in mildly lower than expected, due to ABF substrate supply constraints. Design demand, however, remained robust with no demand weakening in sight amid a slowing macro-environment.

Laying out the company’s view going forward, Alchip President and CEO, Johnny Shen announced that strong mass production demand remains unchanged and that the company would maintain its hallmark advanced technology leadership.

“We’re seeing our highest business inquiries for advanced technology 7nm, 6nm, 5nm and 4nm opportunities.  This is on top of the fact that our announcement of accepting 3nm design created a great deal of interest in the high-performance computing and AI communities.  In addition, we are experiencing significant market penetration in a number of automotive applications,” he said.

Alchip is traded on the Taiwan stock exchange.  The company is extremely well respected in North America, Japan, Israel, Taiwan, and China for its high-performance ASIC design methodology, flexible business model, best-in-class IP portfolio and advanced packaging technology expertise.

For a more information on Alchip, go to www.alchip.com

 

About Alchip

Alchip Technologies Ltd., founded in 2003 and headquartered in Taipei, Taiwan, is a leading global provider of silicon and design and production services for system companies developing complex and high-volume ASICs and SoCs. The company provides faster time-to-market and cost-effective solutions for SoC design at mainstream and advanced, including 7nm, 6nm, 5nm and 4nm processes. Alchip has built its reputation as a high-performance ASIC leader through its advanced 2.5D/3D package services, CoWoS/chiplet design and manufacturing experience. Customers include global leaders in AI, HPC/supercomputer, mobile phones, entertainment device, networking equipment and other electronic product categories. Alchip is listed on the Taiwan Stock Exchange (TWSE: 3661) and is a TSMC-certified Value Chain Aggregator.

Attachment

• Alchip Q2’22 Revenue Breakdown by Process Node

Charles Byers
Alchip Technologies
+ (408) 310-9244
chuck_byers@alchip.com

Acquisition Catalyzes Science and Systems Approach

LOS ANGELES, Sept. 15, 2022 (GLOBE NEWSWIRE) — Leading customer experience transformation company, Material, today announced that it has acquired Srijan Technologies, a renowned global digital engineering firm with offices across India, APAC, Europe, and the US.

Material’s unique approach to shaping customer experience powerfully combines strategy, insights, design and technology, using the company’s “Science and Systems” approach. The addition of Srijan enables Material to further strengthen this approach by offering deeper abilities in digital experience and data platforms, cloud engineering, and modern data engineering, broadening Material’s technology expertise and its capability to build a wide range of transformative digital experiences.

Over the past two decades, Srijan has built a reputation for solving complex technology problems for some of the world’s leading brands, made possible by their deep technology expertise and strategic partnerships with top tier technology partners. Srijan is one of the world’s leading Drupal service providers, with over 600 digital and data engineers in India. Srijan’s founder and CEO Rahul Dewan serves on the board of the Drupal Association. Srijan was named winner of the Acquia Top Growth Partner Award for 2021, has partnerships with Amazon Web Services (AWS) and Google Apigee, a services relationship with VMWare, and holds partnerships with several other leading technology platforms powering digital experience solutions.

The company brings advanced engineering capabilities and best-in-class agile software development practices to Global 2000 clients across Media, Financial Services, CPG, Telecom, and Technology. For 6 years in a row Srijan has been recognized as a Great Places To Work and has also been recognized among the Top 50 Tech Companies in India by Deloitte.

“With this acquisition, we deepen our capability footprint in digital platforms, cloud, API, and data engineering to meet our clients’ evolving needs with an integrated and distributed delivery model. What really attracted us to Srijan is a shared passion for client success and their expertise in solving truly complex technology problems. I could not be more excited as we add world class digital engineering expertise to our clients’ increasing technology needs. This also gives us a stronger global presence which many of our clients have been asking us for,” said Material’s CEO Bill Kanarick. “This acquisition deepens and extends our Science and Systems proposition and enables us to help clients transform their customer relationships given the digitally driven customer-centric imperative they face,” he added.

Rahul Dewan, Founder and CEO of Srijan, said, “Over the past twenty years, we have built something truly special. As part of the continued growth for our people, and to give greater expression to our culture, values and engineering processes that we proudly call “the Srijan way”, it was important to us to partner with a firm that brings deep and complementary expertise and relationships with blue-chip clients, while having a strong, values-based culture. In Material, we have found all of that. Over the past few months, as we have collaborated on multiple client engagements, it has been exciting and gratifying to see the ease with which our teams have worked together to pursue truly complex experience transformation challenges.”

Mike Sullivan, President and CEO of Acquia, said, “We’re excited to see Srijan, Acquia’s Top Growth Partner for 2021, join forces with Material. Srijan has consistently been a top contributor to Drupal development and applied that expertise to creating transformative digital journeys. Acquia looks forward to expanding our work with the combined organization to bring together content and data to create total experiences for clients.”

With this acquisition, Material will have a global headcount of 2000+ people. Added Kanarick, “This acquisition marks an important milestone in our journey as we build a highly differentiated customer experience transformation partner for our clients.”

Material is a portfolio company of Tailwind Capital.

About Material
Material is a global strategy, insights, design, and technology partner to companies striving for true customer centricity and ongoing relevance in a digital first, customer-led world. By leveraging proprietary, science-based tools that enable human understanding, we inform and create customer-centric business models and experiences + deploy measurement systems – to build transformational relationships between businesses and the people they serve. Learn more at materialplus.io.

About Srijan, a Material Company
Srijan is a global engineering firm that builds transformative digital paths to better futures for Fortune 500 enterprises to nonprofits all over the world. Srijan brings advanced engineering capabilities and agile practices to some of the biggest names across FMCG, Aviation, Telecom, Technology, and others. We help businesses embrace the digital future with cloud, data, API and platform centric technologies and adapt to changing business models and market demands. Srijan leads in Drupal with 350+ Drupal engineers, 80+ Acquia certifications. Srijan is also a Drupal Enterprise Partner & Diamond Certified Contributor. Learn more at srijan.net.

About Tailwind Capital
Tailwind Capital is a middle market private equity firm focused on services companies in three core subsectors – IT Services, Infrastructure Services, and Supply Chain. Tailwind partners with management teams to Accelerate Change, our operationally intensive approach to value creation through investments in Talent, Technology and Transformative M&A. Since inception, Tailwind has invested approximately $4 billion in over 220 acquisitions, including over 50 platform companies and over 170 add-on acquisitions.

Media Contact:
Melanie Capruso
DiGennaro Communications
Melanie.capruso@Digennaro-usa.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/33d44c73-d3f1-4e2b-afb0-0151bb11e472

Loan Facilitates Acquisition of Last Remaining Development Site on Exclusive Island

NEW YORK, Sept. 15, 2022 (GLOBE NEWSWIRE) — Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced that it has provided an $85 million loan to The Related Group (“Related”), BH Group, Teddy Sagi’s Globe Invest, and Wanxiang Group Corporation for the acquisition and pre-development of a 6.51-acre land parcel with approved plans for the development of a luxury condominium project on Fisher Island in Miami Beach, Florida.

The parcel is located at 6 Fisher Island Drive at the last remaining condo development site on the 216-acre private island, which is accessible only by ferry, boat, or helicopter and offers significant privacy for its 800 residents. The condominiums will rise ten stories and consist of 51 units across a mix of three- to five-bedroom residences, three villas and two penthouses with premium finishes and appliances. The property will include 450 feet of private oceanfront and valet parking for 169 spaces as well as 7 private two-car garages and 93 golf cart spaces. Residents will have access to premier amenities as well as membership to the Fisher Island Club, which offers beaches, seaside golfing, tennis courts and restaurants.

Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital, said, “Fisher Island is one of the most exclusive residential locations in the country. Owing to the scarcity of land, limited supply of new residences, and significant development timeline, property values on Fisher Island have performed through market cycles. We are pleased to provide financing for the acquisition and predevelopment of such a rare development site and to complete our second transaction with Related and BH Group in such a short period of time.”

The loan is Madison Realty Capital’s second to Related and BH Group. In July, it provided the partners with a $76 million loan for the development of District 225, a 343-unit luxury condominium in Downtown Miami.

About Madison Realty Capital 

Madison Realty Capital is a vertically integrated real estate private equity firm that, as of August 31, 2022, manages approximately $9.5 billion in total assets on behalf of a global institutional investor base. Since 2004, Madison Realty Capital has completed approximately $21 billion in transactions providing borrowers with flexible and highly customized financing solutions, strong underwriting capabilities, and certainty of execution. Headquartered in New York City, with an office in Los Angeles, the firm has approximately 70 employees across all real estate investment, development, and property management disciplines. Madison Realty Capital has been frequently named to the Commercial Observer’s prestigious “Power 100” list of New York City real estate players and is consistently cited as a top construction lender, among other industry recognitions. To learn more, follow us on LinkedIn and visit www.madisonrealtycapital.com.

Nathaniel Garnick/Grace Cartwright
Gasthalter & Co.
(212) 257-4170
madisonrealty@gasthalter.com

Swedish electric airplane maker Heart Aerospace today unveiled significant design updates to its first electric aircraft and confirmed Air Canada, one of North America’s largest airlines and Saab, the Swedish aerospace and defense- company, as new minority shareholders.

Gothenburg, Sweden, Sept. 15, 2022 (GLOBE NEWSWIRE) — Swedish electric airplane maker Heart Aerospace today unveiled significant design updates to its first electric aircraft and confirmed Air Canada, one of North America’s largest airlines and Saab, the Swedish aerospace and defense- company, as new minority shareholders.

The new airplane design, called the ES-30, is a regional electric airplane with a capacity of 30 passengers and it replaces the company’s earlier 19-seat design, the ES-19. It is driven by electric motors powered by batteries, which allows the airplane to operate with zero emissions and low noise.

Air Canada and Saab have each invested USD 5 million in Heart Aerospace. In addition to its investment, Air Canada has also placed a purchase order for 30 ES-30 aircraft.

“We are thrilled to have two such strong partners as Saab and Air Canada join our mission to electrify regional air travel. Growing up in Sweden, Saab is synonymous with aerospace, and our partnership will not only support our programme, but help us to become a part of the proud Swedish aerospace heritage,” said Anders Forslund, founder and CEO of Heart Aerospace. “Air Canada is a strategically important partner with one of the world’s largest networks operated by regional turboprops, and as a progressive, future leaning company.”

“Air Canada is very pleased to partner with Heart Aerospace on the development of this revolutionary aircraft. We have been working hard with much success to reduce our footprint, but we know that meeting our net-zero emissions goals will require new technology such as the ES-30. We have every confidence that the team at Heart Aerospace has the expertise to deliver on the ES-30’s promise of a cleaner and greener aviation future,” said Michael Rousseau, President and Chief Executive of Air Canada.

The ES-30 has a comfortable three-abreast flat-floor cabin seating, and it features a galley and a lavatory. Cabin stowage and overhead bins will add to the large external baggage and cargo compartment and provide airlines with network flexibility.

The airplane will also include a reserve-hybrid configuration, consisting of two turbo generators powered by sustainable aviation fuel. The reserve-hybrid system is installed to secure reserve energy requirements without cannibalizing battery range, and it can also be used during cruise on longer flights to complement the electrical power provided by the batteries.

This gives the airplane a fully electric range of 200 kilometers, an extended range of 400 kilometers with 30 passengers, and flexibility to fly up to 800 kilometers with 25 passengers, all-inclusive of typical airline reserves.

“The ES-30 is an electric airplane that the industry can use. We have designed a cost-efficient airplane that allows airlines to deliver good service on a wide range of routes,” said Anders Forslund, founder and CEO of Heart Aerospace. “With the ES-30 we can start cutting emissions from air travel well before the end of this decade and the response from the market has been fantastic.”

“This underlines our commitment to innovative technology and solutions for sustainable aviation. Heart is a pioneer within commercial electric aviation and we look forward to contributing to the future of aviation with our experience of developing solutions at the forefront of technology,” says Micael Johansson, Saab’s President and CEO.

Previous orders for Heart Aerospace’s ES-19 electric airplane, placed by United Airlines and Mesa Air Group for a total of 200 electric aircraft with an option for an additional 100 planes, are reconfirmed for the updated ES-30 design.

“From the beginning Heart and United have been on the same page – with an acute focus on safety, reliability, and sustainability. Heart’s exciting new design – which includes expanded passenger capacity from 19 to 30 seats, and a state-of-the-art reserve-hybrid engine – is the type of revolutionary thinking that will bring true innovation to aviation,” said Scott Kirby, CEO of United Airlines.

In addition to those commitments, many of the ES-19 letters of intent (LOI) holders have already updated their respective letters to reflect the ES-30. These include the Nordic airlines Braathens Regional Airlines (BRA), Icelandair and SAS as well as New Zealand’s Sounds Air. Rockton, a Swedish-based lessor who has made it their mission to focus on sustainable solutions for the industry, has just signed an LOI with for up to 40 airplanes.

In total, Heart Aerospace has LOIs for 96 ES-30s.

The ES-30 is a cost efficient airplane that, on top of significant fuel savings, is cheaper to operate than a larger turboprop due to its electric propulsion. The airplane has also been designed to accommodate battery technology evolution, which will increase its fully electric range and make it even more cost efficient over time.

The ES-30 is expected to enter into service in 2028.

The Swedish electric airplane maker will establish the world’s first commercial electric aircraft industry at Säve airport, in Gothenburg, Sweden.

Heart Aerospace will build sustainable state-of-the-art offices, production, and flight test facilities which, together, will form a new campus that will go by the name the Northern Runway.

“We have a plan and it’s not just to build a new electric airplane, but a whole new industry,” said Anders Forslund, founder and CEO of Heart Aerospace. “Sweden is the origin of flight shame, an anti-flying movement, but with the Northern Runway we will make electric air travel a reality and preserve flying for future generations.”

Heart Aerospace’s Northern Runway campus will form part of the Castellum owned development area Gateway Säve, where a unique site for sustainable logistics and electric mobility is being developed.

“Gothenburg has distinguished itself as a driving force within electrification, with world class research facilities like the Swedish electric transport laboratory, SEEL, Chalmers University of Technology and a large cluster of companies focused on battery and electric vehicle development,” said Sofia Graflund, chief operating officer at Heart Aerospace. “The ambition that Castellum and the City of Gothenburg have for Gateway Säve is truly unique and that is why we have decided to establish our new industry here.”

Heart Aerospace currently employs 130 people, but the company is growing rapidly and expects to employ around 500 people by 2025.

” We are extremely proud that Heart Aerospace has chosen Gothenburg for this step in their expansion, which we will give full support. The establishment will generate an additional 500 Swedish jobs by 2025 and even more when series production begins,” said Patrik Andersson, CEO of Business Region Göteborg.

The long-term recruitment base in Gothenburg is strong due to its proximity to Chalmers University of Technology, ranked among the top 100 in the world in terms of graduate employability.

A first phase in the establishment of Heart Aerospace’s Northern Runway is scheduled to be finalized by mid-2024, with test flights scheduled to start in 2026. Heart Aerospace expects to deliver its first ES-30 aircraft in 2028.

Note to editors:

More information on “Gateway Säve” can be found on www.gatewaysave.com.

Christina Zander
Heart Aerospace
+46 728889610
press@heartaerospace.com

WELLINGTON, Fla., Sept. 15, 2022 (GLOBE NEWSWIRE) — The United States Polo Association; U.S. Polo Assn., the official brand of the USPA; the National Polo Center – Wellington (NPC) and Valiente Polo Farm are making final preparations to host the XII Federation of International Polo (FIP) World Polo Championship in Florida this October. Welcoming the international contest to the United States for the second time in the competition’s history, the tournament will take place from Oct. 29 – Nov. 6. Held every three to four years, the international tournament was originally scheduled for 2021 but was postponed due to the COVID-19 pandemic. Representing the top 10- to 14-goal teams from around the world, eight countries will grapple for international polo glory, including Argentina, Australia, Italy, Mexico, Pakistan, Spain, the United States and Uruguay.

To qualify as one of the eight teams to advance to the FIP World Polo Championship, the road begins with five zone playoffs and includes more than 25 countries vying for the opportunity of a lifetime to represent their nation on an international stage. The defending champions (Argentina in 2017) and host country (United States) automatically qualify, and the remaining six teams have been decided from zone competition. Teams advancing from zone playoffs to the FIP World Polo Championship include Mexico (Zone A – North America and Central America), Uruguay (Zone B – South America), Spain and Italy (Zone C – Europe), Australia (Zone D – Asia and Oceania) and Pakistan (Zone E – Africa, Pakistan and India).

The strengths of the United States lie in both high-quality horses and a prime location featuring world-class fields and facilities. Home to the GAUNTLET OF POLO^®, NPC is the ideal venue for the event, attracting South Florida’s passionate polo and equestrian community. Featuring top-rated polo fields, VIP experiences for both fans and players, and unrivaled corporate hospitality, the XII FIP World Polo Championship promises to be an exceptional and unforgettable global event for players, sponsors and spectators. Preliminary games will be held at Valiente Polo Farm and the opening ceremony, semifinals and final will take place at NPC. Ticketed NPC events will include the Opening Ceremony on Saturday, Oct. 29, and the XII FIP World Polo Championship Final on Sunday, Nov. 6. Tickets will become available mid-September at nationalpolocenter.com. The 2022 tournament will draw the eyes of the global polo community to the winter equestrian capital of the world with the FIP World Polo Championship semifinals and final broadcast on ESPN for the first time. All games will also be available for free on GlobalPolo.com.

XII FIP World Polo Championship Tournament Schedule: 

*Denotes a ticketed event.

Saturday, Oct. 29

Game 1 Valiente Polo Farm
Game 2 Valiente Polo Farm
Game 3 NPC
Game 4 & Opening Ceremony: USA Team vs. TBD NPC, U.S. Polo Assn. Field One*

Monday, Oct. 31

Game 5 Valiente Polo Farm
Game 6 Valiente Polo Farm
Game 7 Valiente Polo Farm
Game 8 Valiente Polo Farm

Wednesday, Nov. 2

Game 9 Valiente Polo Farm
Game 10 Valiente Polo Farm
Game 11 Valiente Polo Farm
Game 12 Valiente Polo Farm

Friday, Nov. 4

1:00 p.m. ET – Semifinal 1 NPC
3:00 p.m. ET – Semifinal 2 NPC

Sunday, Nov. 6

1:00 p.m. ET – Third Place Match NPC
3:00 p.m. ET – XII FIP World Polo Championship Final NPC, U.S. Polo Assn. Field One*

“We are putting in a lot of resources to make this a world-class event,” shared FIP United States Ambassador and USPA President Tony Coppola. “No stone has been left unturned. The string of horses we are going to provide will be great, and the facilities will be fantastic and at their prime. The USPA’s goal is to make this a world-class tournament and showcase what we have now that we own NPC.”

A defining feature of the XII FIP World Polo Championship is the 176 exceptional horses representing some of the best bloodlines in the world from sole horse provider J5 Equestrian. USPA Executive Director of Services Carlucho Arellano noted the importance of having such high-quality horses for a competition of this caliber, sharing, “Providing good horses is one of the three key ingredients to quality polo, along with great fields and solid management.”

Further detailing how the horses will be preparing for intense competition, he continued, “The horses are currently in several different locations and have been played during the summer in California and Colorado. They will get some rest time and then come to Wellington a month in advance of the Championship for the legging-up process. The final two weeks of that process will consist of practices that increase in intensity. The teams all arrive by Oct. 26, and they will get to ride their string once and play them in one practice before their first game on Oct. 29.”

Leading up to the tournament, the horses will also be evaluated and ranked in October by FIP horse master Adam Snow. Snow is a former 10-goaler and Hall of Famer. His experience both in the saddle and in the barn will make him an invaluable asset throughout the event. Snow will rank horses based on their ability and then place them into evenly-matched strings. Each team will be assigned a group of 22 horses, and teams will draw to select their pooled polo ponies in person on Wednesday, Oct. 26.

In 1982, to broaden the scope of international polo and restore the sport’s Olympic status, Marcos Uranga created the Federation of International Polo, officially recognized by the International Olympic Committee (IOC). Five years later, Uranga and American polo player Glen Holden organized the inaugural FIP World Polo Championship in Argentina. Aware of the challenges of fielding high-goal teams worldwide, FIP organizers decided to limit the competition to teams rated 10 to 14 goals.

Capturing the title in Germany in 1989, the United States Polo Association has selected the most talented players to represent the USA team. Selected as the coach for the USA team, former 9-goal professional Julio Arellano was on the winning team in 1989 and is humbled at the opportunity to lead the United States for a FIP title on home soil.

Ranging in age from 17 to 25, the eight American players vying for a spot on the starting roster include Nico Diaz Alberdi, Agustin Arellano, Hope Arellano, Joaquin Avendaño, Lucas Escobar, Nico Escobar, Jake Klentner and Kristos “Keko” Magrini. Of this extremely accomplished roster, Hope Arellano stands out, as she is the first woman to ever be considered for the American team. Players will train together in weekly practice games and stick-and-ball sessions for a month in Argentina beginning in September to determine the team’s final lineup. Once the U.S. team returns home, they will begin practicing in Wellington, Florida, and exercising and preparing J5 Equestrian horses for competition leading up to the championship.

Outfitting the teams with official performance jerseys and equipment as the Official Apparel Partner and Presenting Sponsor, U.S. Polo Assn. is proud to join forces once again with the FIP World Polo Championship to promote the brand during the pinnacle of international polo competition. “This is truly a global event that will resonate with our consumers and sports fans around the world, across 190 countries. We are also excited our partners at ESPN will broadcast the opening ceremony featuring the USA team,” said J. Michael Prince, President and CEO of USPA Global Licensing.

For more information and updates, please visit the FIP World Polo Championship landing page.

About the United States Polo Association®  

The United States Polo Association was organized and exists for the purposes of promoting the game of polo, coordinating the activities of its Member Clubs and Registered Players, arranging and supervising polo tournaments, competitions and games, and providing rules, handicaps, and conditions for those tournaments, competitions, and games including the safety and welfare of participants and mounts. Founded in 1890, the USPA is the national governing body for the sport of polo. The USPA is currently comprised of almost 300 member clubs with thousands of individual members, and oversees 40 national tournaments. For more information, please visit uspolo.org.

About U.S. Polo Assn. and USPA Global Licensing Inc. (USPAGL)

U.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the nonprofit governing body for the sport of polo in the United States and one of the oldest sports governing bodies, having been founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through some 1,200 U.S. Polo Assn. retail stores and thousands of department stores as well as sporting goods channels, independent retailers and e-commerce, U.S. Polo Assn. offers apparel for men, women, and children, as well as accessories and footwear in 190 countries worldwide. Today, U.S. Polo Assn. is ranked the 28^th largest licensor in the world and within the top five sports licensors, according to License Global’s 2022 list of “Top Global Licensors.” Visit uspoloassnglobal.com.

USPA Global Licensing Inc. (USPAGL) is the for-profit subsidiary of the USPA and its exclusive worldwide licensor. USPAGL manages the global, multi-billion-dollar U.S. Polo Assn. brand and is the steward of the USPA’s intellectual properties, providing the sport with a long-term source of revenue. Through its subsidiary, Global Polo Entertainment (GPE), USPAGL also manages Global Polo TV, the world’s leading digital platform with polo and lifestyle content. In addition, USPAGL partners with ESPN and beIN Sports globally to share the sport of polo broadcasts on television and on-demand to millions of viewers around the world. For more polo content visit globalpolo.com.

About Federation of International Polo (FIP)

The Federation of International Polo (FIP) is the international federation representing the sport of polo, officially recognized by the International Olympic Committee. It was created in 1982 by representatives of eleven national polo associations. FIP’s principal aim is to enhance the image and status of the great game of polo internationally.

FIP’s mission is to promote the practice of the sport of polo worldwide in order to defend and ensure the spirit of fair play and moral fortitude, with the objective of forming the sporting attitude of gentlemanly behavior during and after the game, on the playing fields and wherever polo players should meet, so as to form one great world polo family. FIP currently has 76 registered member associations representing over 23,000 players. For more information, please visit www.fippolo.com.

About The National Polo Center – Wellington (NPC)

The National Polo Center – Wellington is located in the heart of South Florida’s legendary horse country. The perpetual home for polo in America, NPC is owned and managed by the United States Polo Association to showcase the finest the sport has to offer. The Association’s premiere event, the GAUNTLET OF POLO, takes place from February to April each winter season showcasing the world’s preeminent teams, professional athletes and finest horses which come together for three months to battle head-to-head for the coveted C.V. Whitney Cup, USPA Gold Cup and U.S. Open Polo Championship trophies. Throughout the year, the facilities are also used to showcase USPA Member Clubs and prestigious national tournament competition.

The entrance to the club is via a palm tree-lined drive, that leads past tennis courts to the steps of the magnificent pool and Mallet Grille. The natural Florida terrain is augmented by a large lake, lush tropical landscaping and some of the most carefully manicured polo fields in the world. Spectating from the stadium, private boxes, fieldside tailgates and special hospitality tents, all overlooking the U.S. Polo Assn. Field One is an unparalleled experience. NPC invites you to experience the best polo in the country, taking place at one of the most beautiful venues in the world, the National Polo Center – Wellington

MEDIA CONTACTS

United States Polo Association:

Matt Baran, Director of Communications
(561) 373-4954
mbaran@uspolo.org

USPA Global Licensing:

Shannon Stilson, Assistant Vice President of Marketing
(561) 227-6994
sstilson@uspagl.com

Federation of International Polo:

Silvana Rando, Administrative Assistant
srando@fippolo.com

Veronica Igoa, FIP Social Media
Igoa.veronica@gmail.com

J5 Equestrian:

Rob Jornayvaz, Owner
Rob@runningironcreative.com
Cell: 303-803-3607
Alt: 847-840-8408

Visit our website at www.uspolo.org
Follow us on Instagram
@uspoloassociation
@uspoloassn
@nationalpolocenter
@fip_polo

Related Images

Image 1: U.S. Polo Assn.

U.S. Polo Assn.

Image 2: U.S. Polo Assn.

U.S. Polo Assn.

This content was issued through the press release distribution service at Newswire.com.

Attachment

• U.S. Polo Assn.