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ACCESSWIRE MENA Press Releases

StrikeX Secures Inaugural UK Financial Institutional Client for Web3 Consultancy

LONDON, UK / ACCESSWIRE / May 10, 2023 / StrikeX Technologies Ltd., a leading provider of blockchain solutions, is pleased to announce the launch of its Web3 Consultancy Services. This new service aims to educate and advise traditional financial institutions on the potential of the rapidly evolving digital landscape.

Web3

As part of this exciting development, StrikeX has already signed a prominent UK-based financial institution with global operations as its inaugural client. This partnership marks a significant milestone in StrikeX’s mission to bridge the gap between traditional finance and Web3 technologies.

“The introduction of StrikeX’s Web3 Consultancy Service signifies a natural evolution for our organization,” said Joe Jowett, CEO of StrikeX Technologies. “Our primary focus is to empower forward-thinking financial entities by providing educational guidance and the necessary tools to navigate the realm of blockchain. With our expertise and commitment to innovation, we are well-prepared to fulfil this objective.”

By leveraging StrikeX’s educational resources, businesses can confidently embrace Web3 principles and frameworks, positioning themselves at the forefront of this transformative market. StrikeX is dedicated to facilitating the integration of its clients into the StrikeX ecosystem, where their visions align, enabling them to thrive in the evolving digital landscape.

Web3, the next stage of the internet, integrates blockchain technology, decentralized finance (DeFi), and tokenization, revolutionizing various industries such as finance, supply chains, gaming, and art. This presents businesses with unparalleled opportunities to innovate and succeed in the digital economy.

“The inception of our Web3 Consultancy Service reflects the clear market need and our commitment to fostering blockchain technology adoption,” added Joe. “With our expertise in blockchain, DeFi, and tokenized assets, StrikeX is perfectly positioned to guide companies toward a flourishing Web3 future.”

StrikeX Technologies is excited to embark on this journey of empowering financial institutions and pioneering the advancement of Web3 technologies. For more information about StrikeX Technologies Ltd., please visit strikex.com.

About StrikeX Technologies Ltd

StrikeX Technologies Ltd is a leading provider of blockchain solutions, specializing in blockchain technology, DeFi, and tokenized assets. The company is dedicated to bridging the gap between traditional finance and Web3, empowering organizations to embrace the transformative power of blockchain.

Contact Information:

Joe Jowett
CEO & Co-Founder
press@strikex.com

SOURCE: StrikeX Technologies Ltd.

 

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Africa GLOBE-NEWSWIRE MENA Pakistan Press Releases South Africa

Quantexa Provides ING with Solution to Strengthen and Automate Global Risk Coverage

ING is utilizing Quantexa’s Decision Intelligence Platform to gain a 360-degree view of customer data, identify risk, and continue advancing their world-class customer experiences

LONDON, May 10, 2023 (GLOBE NEWSWIRE) — Today Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced that ING is deploying Quantexa’s platform to strengthen its risk detection and investigative efforts. Being a global bank serving 37 million customers, corporate clients, and financial institutions in 40 countries, ING is determined to protect its customers and fight financial crime.

Using AI and advanced graph analytics capabilities provided by Quantexa’s platform, ING’s investigative teams are focused on developing more effective and efficient global Know Your Customer (KYC) and Anti-Money Laundering (AML) measures. By connecting customers and counterparties, the platform creates context and uncovers complex networks. This further automates the first line defence processes.

ING selected Quantexa’s platform for its ability to aid in the analyzation of internal transaction data and to incorporate external data, to complete a 360-degree view of customer base risk. Early 2023 ING and Quantexa completed a successful first implementation for Trade Finance in Hong Kong and Singapore.

ING and Quantexa are now working on a global rollout with expanded efforts in Financial Markets and Correspondent Banking.

Dan Higgins, Chief Product Officer, Quantexa
“The most effective method to prevent money laundering is by understanding the context underpinning and linking how criminals behave. We are excited to build on our successful track-record of innovation with ING and support them in their mission to improve risk coverage throughout significant global practice areas and their continued effort to be a leader in identifying and combating criminal threats in the banking industry.”

Karim Tadjer, Global KYC lead, ING Group
“At ING, we are committed to the fight against money laundering, economic crime, and continually innovating to ensure the safety and compliance of the bank. We are thrilled to have found a partner with compatible ambitions in Quantexa. By leveraging the contextual insights generated through their platform, we can strengthen our detection models and automate key processes in our KYC and AML measures. This is leading to efficiencies for our investigative teams and improved customer experiences.”

About Quantexa

Quantexa is a global data and analytics software company pioneering Decision Intelligence that empowers organizations to make trusted operational decisions by making data meaningful. Using the latest advancements in big data and AI, Quantexa’s Decision Intelligence platform uncovers hidden risk and new opportunities by providing a contextual, connected view of internal and external data in a single place. It solves major challenges across data management, KYC, customer intelligence, financial crime, risk, fraud, and security, throughout the customer lifecycle.

The Quantexa Decision Intelligence Platform enhances operational performance with over 90% more accuracy and sixty times faster analytical model resolution than traditional approaches. Founded in 2016, Quantexa now has more than six hundred employees and thousands of users working with billions of transactions and data points across the world. The company has offices in London, New York, Boston, Toronto, Malaga, Brussels, Amsterdam, Luxemburg, Singapore, Melbourne, Sydney, and the UAE. For more information, please visit www.quantexa.com or follow us on LinkedIn.

Media Enquiries 
C: Stephanie Crisp, Associate Director and Media Strategist, Fight or Flight
E: Quantexa@fightflight.co.uk

C: Adam Jaffe, SVP of Corporate Marketing
T: +1 609 502 6889
E: adamjaffe@quantexa.com
– or –
RapidResponse@quantexa.com

GlobeNewswire Distribution ID 1000809187

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Media-OutReach MENA Press Releases

Bybit’s User Base Booms, Exceeds 15 Million with a 50% Increase in Mere Months

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 10 May 2023 – Bybit, the world’s third most visited crypto exchange, announced a 50% increase in its global user base, growing from 10 million users in Q3, 2022 to 15 million to date. Bybit has released next-level products to create a winning streak — just like the Oracle Red Bull Racing car showpiece in its new Dubai office.

Bybit announced the grand opening of its global headquarters in Dubai on April 18th, signaling its large investment in the Middle East and North Africa (MENA) region. The opening of the new headquarters is part of the company’s broader strategy to build on its position as the second-largest crypto exchange in the region.

Bybit has attracted new users through a range of products, suiting all types of investors. Those more interested in earning yield can now take advantage of Bybit Lending, which launched May 2 and has seen lenders earn triple-digit APR. And lenders’ capital is protected as all borrowers must post collateral equal to or greater than the loan amount.

Given the innovation at Bybit, it’s no wonder Sui chose the exchange’s new token sale platform, ByStarter, as one of only three exchanges to host the crowd sale of its highly anticipated SUI token. And Bybit recently unveiled its AI program: Tools Discovery, which provides personalized product and strategy recommendations tailored to individual trading habits and preferences.

Top traders love the exchange’s new Position Builder, which allows clients to build positions easily using the full range of derivative products and trading strategies. Bybit also expanded its partnership with Paradigm, the fastest-growing crypto derivatives trading platform, to launch delta-1 spreads trading on USDT-margined instruments.

“Our team has worked tirelessly to make Bybit a top-performing crypto exchange with next-level opportunities from passive income to derivatives trading,” said Ben Zhou co-founder and CEO. “We are thrilled that our efforts have paid off, with Bybit hitting 15 million users globally just as we opened our global headquarters in Dubai. We are excited to demonstrate our commitment to innovation and growth, solidifying our position as a heavyweight player in the global crypto exchange market.”

More From Bybit

About Bybit

Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports, and association football (soccer) team Borussia Dortmund.

For more information please visit: https://www.bybit.com/

For updates, please follow: Bybit’s Communities and Social Media

https://discord.com/invite/bybit
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For media inquiries, please contact: press@bybit.com

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GLOBE-NEWSWIRE MENA Pakistan Press Releases

UBL, One of the Largest Banks in Pakistan, Goes Live on Temenos to Power Digital Corporate Lending

Corporate loan origination on Temenos digital banking platform will enable the bank to elevate the digital customer experience and drive growth with corporate clients

GENEVA, May 10, 2023 (GLOBE NEWSWIRE) — Temenos (SIX: TEMN) today announced that United Bank Limited (UBL), one of the largest banks in Pakistan with 11 million customers, has gone live with Corporate Lending on Temenos digital banking platform as part of a comprehensive digital transformation of the bank’s retail, SME and corporate banking for domestic and international customers on the Temenos platform.

The Temenos Corporate Loan Origination solution, implemented with NdcTech, will help UBL to meet growing demand for digital customer experiences and win business with corporate clients in a highly competitive lending market that has seen demand slowed by global economic conditions and rising interest rates.

Temenos’ solution systematizes the process of loan initiation, credit approval management, credit policy, limit monitoring, credit documentation management, risk rating, collateral management and post approval activities and transactions.

With these banking capabilities integrated into Temenos digital banking platform, UBL can provide a smooth and seamless digital experience while enabling the bank’s corporate lending teams to access the right data at the right time to make quick, consistent and cost-effective credit decisions.

This go-live covers loan originations to five segments, including large conventional banking corporates and group companies, Islamic banking corporates, Agri enterprises, Financial Institutions and Small & Medium Enterprises.

A pioneer in digital banking, UBL is working with Temenos and NdcTech to further leverage the Temenos platform to provide an integrated, digital experience for all retail and corporate customers, covering the entire customer lifecycle from onboarding and origination to servicing.

Offering composable banking services – built on microservices and accessible via APIs – the Temenos platform will enable UBL to quickly develop new products at lower risk and cost that bring real benefits to customers.

Muhammad Faisal Anwar, Chief Information Officer, UBL, commented: “We are delighted to go live with corporate lending on Temenos digital banking platform. The solution enables us to elevate the digital experience for corporate customers and achieve operational excellence, helping us to increase customer satisfaction and drive revenue growth. We look forward to building on this success and our close partnership with Temenos and NdcTech.”

William Moroney, Managing Director – Middle East and Africa, Temenos, said: “Congratulations to UBL on this successful go-live. This well-executed implementation will transform the lending experience for UBL’s corporate customers. UBL has a clear vision for the future of banking with digital-first customer experiences. We look forward to building on this success across the bank’s domestic and international business.”

Ms. Ammara Masood, CEO & President from NdcTech, added: “We are proud to celebrate this important milestone with UBL in Pakistan. Going live with Temenos’ loan origination solution is a great leap forward in UBL’s digital banking transformation that will give the bank an edge in the corporate market. It also sets a high bar as we continue to partner with them to leverage the composable banking capabilities of the Temenos platform.”

With clients such as Allied Irish Bank in Ireland, Commerce Bank in the USA, and Al Rajhi in Saudi Arabia, corporate banking is a key are of investment. Temenos is a leader in The Forrester Wave™: Digital Banking Processing Platforms for Corporate Banking, Q3 2022. According to the report, “Temenos sets the pace in AI-powered banking capabilities and application architecture”. Temenos was also recently named a ‘Global Power Seller’ and ‘Top Global Player’ based on Forrester’s Global Banking Platform Deals Survey 2022.

About Temenos
Temenos (SIX: TEMN) is the world’s leading open platform for composable banking, creating opportunities for over 1.2 billion people around the world every day. We serve 3000 banks from the largest to challengers and community banks in 150+ countries by helping them build new banking services and state-of-the-art customer experiences. The Temenos open platform helps our top-performing clients achieve return on equity three times the industry average and cost-to-income ratios half the industry average.

For more information, please visit www.temenos.com.

Media Contacts

Jessica Wolfe & Scott Rowe
Temenos Global Public Relations
Tel: +1 610 232 2793 & +44 20 7423 3857
Email: press@temenos.com

Alistair Kellie
SECNewgate on behalf of Temenos
Tel: +44 20 7680 6550
Email: allnewgatetemenos@secnewgate.co.uk

GlobeNewswire Distribution ID 8835924

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Africa Arabic MENA Pakistan Press Releases South Africa

‫Recursion توقّع اتفاقيات استحواذ على Cyclica وValence بهدف تعزيز قدراتها في الكيمياء والذكاء الاصطناعي الإنشائي

سالت ليك سيتي وتورونتو ومونتريال، 10 مايو 2023 (GLOBE NEWSWIRE)‏ — شركة Recursion (بورصة ناسداك: RXRX)، رائدة التقنيات الحيوية السريرية المُستخدمة في تطوير صناعة اكتشاف الأدوية بالاستعانة بتحليل الشفرات الحيوية، أعلنت اليوم توقيعها اتفاقيات للاستحواذ على شركتين تعملان في مجال اكتشاف الأدوية المُدعم بالذكاء الاصطناعي هما: Cyclica و Valence.

قال كريس جيبسون، المؤسس المشارك والرئيس التنفيذي لـ Recursion، والحاصل على درجة الدكتوراه “كان لـ Recursion دورًا رائدًا في الإنشاء الهائل والمتوازي لبيانات دراسات العلوم الحيوية باستخدام التعلم الآلي، وذلك من أجل رسم خرائط لعلم الأحياء وتسهيل الاطلاع فيه، بهدف تسريع اكتشاف الأدوية الجديدة. ويمكننا تقديم ما أعتقد أنه الحل الأكثر شمولًا لاكتشاف الأدوية المُدعم بالتكنولوجيا في قطاع الأدوية الحيوية، وذلك بفضل الاستحواذ الإستراتيجي على Cyclica وValence وما تضيفانه من قدرات رائدة في القطاع في مجالات الكيمياء الرقمية والتعلم الآلي والذكاء الاصطناعي، إضافة إلى ما نزخر به من المختبرات التجريبية الآلية واسعة النطاق وقدرات الحوسبة الفائقة. نتطلع إلى أن نظهر للعالم الأدلة على الفوائد المضاعفة لهذا النهج المتكامل بتسريع عمليات الإنتاج والشراكات لدينا. وفي خضم التنافس العالمي المتسارع لجذب البارعين في ميدان التكنولوجيا، يرسخ الاستحواذ مكانة Recursion بوصفها مركز ثقل لأفضل الكوادر وألمعها في مجالي التعلم الآلي والذكاء الاصطناعي الذين يرغبون في وضع تصور جديد لطرق اكتشاف الأدوية. تغمرني الحماسة للترحيب بفرق Cyclica وValence في Recursion، لا سيما في هذه اللحظة التاريخية الفارقة بما تشهده من متغيرات سريعة في القطاعات كافة بفضل التعلم الآلي والذكاء الاصطناعي”.

قدمت شركة Cyclica، التي يقع مقرها الرئيسي في تورنتو، منتجَين متميزين للغاية في مجال الكيمياء الرقمية سيُدمجان في RecursionOS يتنبأ محرك التعلم العميق المدعوم بالذكاء الاصطناعي MatchMaker™‎ بعلم الأدوية المتعدد للجزيئات الصغيرة كنقطة انطلاق لاكتشاف الأدوية الجزيئية الصغيرة، حيث يمكنه التعميم عبر البروتيوم، كما أنه يستخدم بنيات AlphaFold2 ونماذج التماثل. POEM™‎ (نموذج باريتو للتضمين الأمثل) نموذج فريد للتنبؤ بالخصائص بناءً على أوجه التشابه. وعلى عكس نماذج التنبؤ الأخرى، يصف نموذج POEM الجزيئات باستخدام أنواع متعددة من بصمات الأصابع الجزيئية، مما يوفر مقياسًا أكثر تنوعًا للتشابه ويعزز مستوى الدقة.

قال نهيد كورجي، الرئيس التنفيذي والمؤسس المشارك لـ Cyclica: “إن كلًا من Cyclica وRecursion متفقتان على أهمية تطوير صناعة اكتشاف الأدوية” وأضاف: “سيتم إنشاء واحدة من أكبر مجموعات البيانات الحيوية والكيميائية الملائمة للغرض في مجال اكتشاف الأدوية من خلال الجمع بين تنبؤنا على مستوى البروتيوم للتفاعلات المستهدفة للجزيئات الصغيرة وعالم بيانات Recursion. وأعتقد أنه بهذا التعاون سيكون لـ Recursion تأثير أكبر على صحة الإنسان على مدى السنوات القادمة”.

يقع المقر الرئيسي لشركة Valence في مونتريال في Mila، وهو أكبر معهد لأبحاث التعلم العميق في العالم. وتكرس الشركة جهودها لإطلاق العنان للإمكانات الكاملة للتعلم العميق في عملية اكتشاف الأدوية. أدت الشركة دورًا رائدًا في تطبيق التعلم القائم على البيانات الضئيلة في تصميم الأدوية، فضلًا عن إطلاق العنان لإمكانات تصميم جزيئات صغيرة متمايزة بخصائص ووظائف محسّنة من مجموعات البيانات المتفرقة أو غير متجانسة أو الضئيلة للغاية لطرق التعلم العميق التقليدية. وتتمتع Valence بسجل حافل من الابتكارات في مجال التعلم الآلي الجزيئي، من بينها أفضل التقنيات في فئتها للأحياء الهيكلية المُدعمة بالذكاء الاصطناعي، والكيمياء التوليدية، والتحسين متعدد المعامِلات، الأمر الذي مكَّن في نهاية المطاف من تصميم كيمياء هي الأفضل أو الأولى في فئتها في مقابل الأحياء الصعبة.

صرح دانيال كوهين، الرئيس التنفيذي والمؤسس المشارك لـ Valence Discovery: “دمج محرك الكيمياء الفعال القائم على الذكاء الاصطناعي لدى Valence في نظام التشغيل المتنوع الغني بالبيانات لدى Recursion سيساعد في إطلاق عنان الإمكانات القصوى للكيمياء الرقمية واكتشاف الأدوية اللذين يأتي الذكاء الاصطناعي في أولويتهما”. وأضاف: “شركة Recursion رائدة في مجال اكتشاف الأدوية المُدعم بالتكنولوجيا، ولديها سجل حافل من تسخير البيانات لاكتشاف آفاق حيوية جديدة، ويسعدني أن تتحد فرقنا وتجمع قواها من أجل ابتكار أدوية جديدة بسرعة للمرضى الذين يحتاجون إليها”.

وبالتعاون مع مكتب أبحاث التعلم العميق التابع لـ Recursion في مونتريال، ستصبح Valence مركزًا لأبحاث الذكاء الاصطناعي والتعلم الآلي تحت قيادة دانيال كوهين وبتوجيهات يوشوا بنجيو المستمرة.

قال يوشوا بنجيو، رائد مجال التعلم العميق والمستشار العلمي لكل من Recursion وValence: “الاستحواذ على Valence يتيح الفرصة لـ Recursion لإنشاء مركز امتياز حقيقي لبعض من أبحاث الذكاء الاصطناعي/التعلم الآلي الأكثر إقناعًا في العالم”. وأضاف: “بالتعاون مع هذه المجموعة المتكاملة حديثًا والموجودة بمنظومة Mila، سيصل فريق Recursion من الباحثين في مجالي الذكاء الاصطناعي والتعلم الآلي في وقت حاسم إلى مستوى مهم في تطوير خوارزميات ذكاء اصطناعي جديدة للاكتشاف العلمي”.

شروط الاستحواذ

وقعت شركة Recursion اتفاقيات للاستحواذ على كل من شركة Cyclica مقابل سعر شراء قدره 40 مليون دولار وشركة Valence مقابل سعر شراء قدره 47.5 مليون دولار، وذلك رهنًا في كل حالة بالتعديلات العادية التي تطرأ على سعر الشراء عند الإغلاق وما بعد الإغلاق. سيتم دفع سعر الشراء في عمليتي الاستحواذ في شكل أسهم عادية من الفئة A العائدة لشركة Recursion، وأسهم شركة تابعة لشركة Recursion قابلة للاستبدال بأسهم عادية من الفئة A عائدة لشركة Recursion، مع افتراض بعض الخيارات المعلقة لشركتي Valence وCyclica. وقد تدفع Recursion في بعض الظروف المحدودة مقابلًا نقديًا رمزيًا لمساهمي Valence وCyclica بدلاً من الأسهم العادية القابلة الاستبدال أو الأسهم العادية من فئة A العائدة لشركة Recursion. لا تتوقع Recursion أي تغيير جوهري في المدرج النقدي لديها نتيجة لعمليتي الاستحواذ هذه، وتتوقع أن يتم الانتهاء من عمليتي الاستحواذ في الربع الثاني من عام 2023، رهنًا بشروط الإغلاق المعمول بها.

نبذة عن Recursion
Recursionشركة رائدة في مجال التكنولوجيا الحيوية في المرحلة السريرية تعمل على تصنيع عملية اكتشاف الأدوية عن طريق تحليل الشفرات الحيوية. يدعم نظام Recursion OS الشركة في تحقيق أهدافها، وهو عبارة عن منصة تم إنشاؤها باستخدام مجموعة متنوعة من التقنيات التي تعمل باستمرار على توسيع نطاق واحدة من أكبر مجموعات البيانات الحيوية والكيميائية المسجلة الملكية في العالم. تستخدم Recursion خوارزميات التعلم الآلي المعقدة لاستخلاص مجموعة من تريليونات العلاقات القابلة للبحث في مجالي الأحياء والكيمياء التي لا تتقيد بالتحيز البشري من مجموعة بياناتها. تجمع Recursion مجالات التكنولوجيا والأحياء والكيمياء بهدف النهوض بمستقبل الطب، وذلك بفضل التحكم في نطاق تجريبي ضخم — يصل إلى الملايين من التجارب المعملية أسبوعيًا — ومقياس حوسبي هائل — بامتلاك أحد أقوى أجهزة الحاسوب الفائقة في العالم وتشغيله.

يقع المقر الرئيسي لشركة Recursion في سالت ليك سيتي، وهي هناك عضو مؤسس في BioHive، وهي جمعية تعمل في مجال علوم الحياة في ولاية يوتا. بالإضافة إلى ذلك، تمتلك Recursion مكاتب في تورنتو ومونتريال ومنطقة خليج سان فرانسيسكو. تعرف على المزيد عبر الموقع الإلكتروني www.Recursion.com، أو تواصل على Twitter و LinkedIn.

نبذة عن Cyclica
Cyclica شركة ناشئة في مجال التكنولوجيا الحيوية تسعى سعيًا جادًا إلى إنشاء محفظة أعمال رائدة وقوية ومستدامة لاكتشاف الأدوية تركز على الجهاز العصبي المركزي وعلم الأورام وأمراض المناعة الذاتية. أنشأت Cyclica المنصة الوحيدة القابلة للتعميم عبر البروتيوم بكامله، ما وسّع النطاق المستهدف للأهداف ضئيلة البيانات، بما في ذلك بنيات AlphaFold2، ومثبطات مضخة البروتون (PPI)، والأهداف الخاصة بالأورام المتحولة. جمعت Cyclica فريقًا متنوعًا وماهرًا من علماء الأحياء والكيميائيين وأخصائيي الحاسوب والمتخصصين في مجال الأعمال الذين لديهم جميعًا شغف بتغيير نموذج اكتشاف الأدوية. وتهدف Cyclica إلى إحداث تأثير غير مسبوق على صحة المريض باستكشاف الأشياء المجهولة وعلاج ما يتعذر علاجه. لمزيد من المعلومات، يرجى زيارة الموقع الإلكتروني: www.cyclicarx.com.

نبذة عن Valence Discovery
تستفيد Valence من التطور الثوري في مجال الحوسبة في سبيل تحسين الرعاية الصحية. وهي شركة رائدة في تطوير تقنيات الذكاء الاصطناعي والتقنيات القائمة على الفيزياء واستخدامها لتتمكن من تصميم جزيئات صغيرة متمايزة بخصائص ووظائف محسّنة. وبفضل الشراكات الناجحة التي عقدتها الشركة مع شركات رائدة في مجال التكنولوجيا الحيوية والأدوية، فضلًا عن سجلها الحافل من الابتكارات التي لا مثيل لها في المجلات والمؤتمرات الكبرى للذكاء الاصطناعي، جمعت Valence فريقًا من المحترفين متعددي التخصصات في القطاع والخبراء الحاسوبيين الذين ينصب تركيزهم على تسريع التقدم في مجموعة من برامج اكتشاف الأدوية الداخلية. تحظى شركة Valence بدعم مستثمرين بارزين في مجال التكنولوجيا الحيوية والتكنولوجيا العميقة منذ الإعلان عن إطلاقها في 2021، ويقع مقرها الرئيسي في مونتريال. لمعرفة المزيد، يرجى زيارة الموقع الإلكتروني www.valencediscovery.com.

مسؤول التواصل الإعلامي

Media@Recursion.com

جهة الاتصال للمستثمرين
Investor@Recursion.com

البيانات التطلعية

تحتوي هذه الوثيقة على معلومات تتضمن أو تستند إلى “بيانات تطلعية” بالمعنى المقصود في قانون إصلاح التقاضي للأوراق المالية لعام 1995، ويشمل على سبيل المثال لا الحصر، البيانات المتعلقة بتوقيت عمليتي الاستحواذ على Cyclica وValence واستكمالهما والنتائج والفوائد المرجوة منهما؛ ونظام Recursion OS وغيره من التقنيات؛ والأعمال والخطط المالية والأداء، بما في ذلك المدرج النقدي؛ وجميع البيانات الأخرى التي لا تمثل حقائق تاريخية. قد تتضمن البيانات التطلعية أو لا تتضمن كلمات يمكن التعرف هذه البيانات من خلالها مثل “تخطط” و”سوف” و”تتوقع” و”تقدر” و”تنوي” و”ترى” و”محتملة” و”ممكنة” و”تستمر” وغيرها من العبارات المماثلة. تخضع هذه البيانات لمخاطر وشكوك معروفة أو مجهولة قد تؤدي إلى اختلاف النتائج الفعلية اختلافًا كبيرًا عمّا هو معبّر عنه أو متضمّن في هذه البيانات، بما في ذلك على سبيل المثال لا الحصر: التحديات المتأصلة في البحث والتطوير في مجال الأدوية، بما يشمل توقيت البرامج قبل السريرية والسريرية ونتائجها، والتي تزيد فيها احتمالية الفشل وإمكانية أن يحدث الفشل في أي مرحلة قبل الحصول على الموافقة التنظيمية أو بعدها بسبب الافتقار إلى الفاعلية الكافية أو اعتبارات السلامة أو غيرها من العوامل؛ وقدرتنا على الاستفادة من منصة اكتشاف الأدوية لدينا وتحسينها؛ وقدرتنا على الحصول على تمويل لأنشطة التطوير وغيرها من الأهداف المؤسسية؛ ونجاح أنشطة التعاون لدينا؛ وقدرتنا على الحصول على موافقة الجهات التنظيمية على الأدوية المرشحة وتسويقها في نهاية المطاف؛ وقدرتنا على الحصول على أوجه حماية الملكية الفكرية والحفاظ عليها وإنفاذها؛ والهجمات الإلكترونية أو غيرها من الاضطرابات الأخرى في أنظمتنا التكنولوجية؛ وقدرتنا على استقطاب الموظفين الرئيسيين وتحفيزهم واستبقاءهم وإدارة توسعنا؛ والتضخم وغيره من المسائل المرتبطة بالاقتصاد الكلي؛ إلى غير ذلك من المخاطر والشكوك مثل تلك الموضحة تحت عنوان “عوامل المخاطر” في ملفاتنا المودعة لدى لجنة الأوراق المالية والبورصات الأمريكية، بما في ذلك تقريرنا السنوي بشأن النموذج 10-K. وتستند جميع البيانات التطلعية إلى التقديرات والتنبؤات والافتراضات الحالية للإدارة، ولا تتعهد Recursion بتصحيح أو تحديث أي من هذه البيانات، سواء كان ذلك نتيجة لمعلومات جديدة أو تطورات مستقبلية أو غير ذلك، إلا بالقدر الذي يقتضيه القانون المعمول به.

GlobeNewswire Distribution ID 3553080

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Africa GLOBE-NEWSWIRE MENA Pakistan Press Releases South Africa

LeddarTech Showcasing LeddarVision, Its Award-Winning Sensor Fusion and Perception Software and Products at EcoMotion 2023 on May 22-24 in Tel Aviv, Israel

QUEBEC, May 10, 2023 (GLOBE NEWSWIRE) — LeddarTech®, an automotive software company that provides innovative low-level sensor fusion and perception ADAS and AD software technology that is scalable and flexible while delivering high performance, today announces its participation as a Silver Sponsor at EcoMotion Week 2023 in Tel Aviv, Israel.

The company, led by its Israeli-based technical experts, will demonstrate its award-winning technology at its booth and offer delegates the opportunity to experience it live on the road in their LeddarCar. In addition, LeddarTech’s CTO will chair a panel at the event.

Visit LeddarTech’s technology showcase featuring LeddarVision™, a high-performance, low-cost, scalable, hardware-agnostic low-level sensor fusion and perception solution for automotive and off-road industrial ADAS and AD applications. Witness the software’s high performance at various levels of autonomy in various scenarios, such as extreme weather conditions, via their award-winning demonstration dashboard.

Discover

LeddarVision Front-View (LVF) family of automotive software products addresses the challenges faced when developing Level 2/2+ ADAS applications, such as solving safety issues and finding scalable fusion and perception software that offers high performance at a low cost. These two distinct products are comprehensive low-level fusion and perception software stacks that optimally combine sensor modalities for Level 2/2+ ADAS applications achieving a 5-star NCAP 2025/GSR 2022 rating.

  • LeddarVision Front (Entry-Level) (LVF-E): This product pushes the performance envelope, potentially doubling the effective range of the sensors and enabling a solution operable with only three sensors.
  • LeddarVision Front (High-End) (LVF-H): With sensor configuration extended to 1V5R based on a single 3-megapixel 120-degree camera and five radars, the LVF-H stack extends the perception support to highway assist applications, including 160 km/h adaptive cruise control, 200-meter range and semi-automated lane change.

LeddarVision Surround (LVS-2+) efficiently extends the LVF front-view product family 1VxR sensor configuration to a 5V5R configuration, enhancing support to traffic jam assist (TJA) and highway assist (HWA) applications. It also enables applications such as automated lane change, overtaking and extended speed range adaptive cruise control (ACC).

Ride along: LeddarCar live – Delegates representing automotive Tier 1-2 suppliers and OEMs are invited to reserve an on-road demonstration of LeddarTech’s LeddarVision low-level fusion and perception software technology.

Participate: LeddarTech’s CTO Pierre Olivier will chair a panel entitled “Autonomous Vehicle 360: Use Cases.”

Pre-arrange a meeting for a product demonstration or to experience LeddarCar live.

About EcoMotion

EcoMotion is a dynamic and growing smart mobility community comprising over 650 start-ups and 15,000 community members. EcoMotion is a joint venture of the Israel Innovation Institute (NGO) alongside Israel’s Ministry of Transport and Road Safety and the Ministry of Economy and Industry.

About LeddarTech

LeddarTech, a global software company founded in 2007, develops and provides comprehensive perception software solutions that enable the deployment of ADAS and autonomous driving applications. LeddarTech’s automotive-grade software applies advanced AI and computer vision algorithms to generate accurate 3D models of the environment, allowing for better decision making and safer navigation. This high-performance, scalable, cost-effective technology is available to OEMs and Tier 1-2 suppliers to efficiently implement automotive and off-road vehicle ADAS solutions.

LeddarTech is responsible for several remote-sensing innovations, with over 150 patents granted or applied for that enhance ADAS and AD capabilities. Better awareness around the vehicle is critical in making global mobility safer, more efficient, sustainable and affordable: this is what drives LeddarTech to seek to become the most widely adopted sensor fusion and perception software solution.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook and YouTube.

Contact:
Daniel Aitken, Vice-President, Global Marketing, Communications and Investor Relations, LeddarTech Inc.
Tel.: + 1-418-653-9000 ext. 232 daniel.aitken@leddartech.com

Investor relations contact and website: InvestorRelations@leddartech.com
https://investors.leddartech.com/

Leddar, LeddarTech, LeddarVision, LeddarSP, VAYADrive, VayaVision and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

GlobeNewswire Distribution ID 8835234

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Media-OutReach MENA Press Releases

Tishman Speyer and Raffles Family Office Announce Blue Chip Collaboration to Launch APAC Real Estate Fund

SINGAPORE – Media OutReach – 10 May 2023 – Tishman Speyer, a leading global developer, owner, operator, and investment manager of premier real estate, and Raffles Family Office (“RFO”), a leading commercial multi-family office (“MFO”) in Asia, have established a new partnership to launch the Tishman Speyer/Raffles Family Office APAC Opportunity Fund I (the “Fund”).

The Fund targets value add and opportunistic investments within key real estate themes such as brown-to-green, living sector, logistics, and special situations, including credit strategies and distressed opportunities. This synergistic collaboration between a leading global real estate investor and a leading Asian MFO will grant private wealth investors unparalleled access into tailored, institutional grade real estate investments.

“This marks a milestone in Tishman Speyer’s expansion into Asia Pacific gateway cities, and the start of a significant partnership with Raffles Family Office and their investors,” said Rob Speyer, Chief Executive Officer at Tishman Speyer. “Together, Tishman Speyer and RFO will create a compelling portfolio that supports the growth of new economy sectors throughout APAC.”

Chi-man Kwan, Group CEO and Co-founder of Raffles Family Office, said, “We are excited to partner with Tishman Speyer, one of the world’s most recognized and esteemed international developers. As both intergenerational wealth transfers and new wealth emerge, family offices continue to gain traction as preferred wealth management vehicles due to the enhanced control and flexibility they provide. This collaboration seeks to capitalize on the unique advantages of family offices and aims to address the increasingly complex asset management needs of APAC UHNWs. It is part of our ongoing commitment to support their growing demand for geographical and asset class diversification.”

Joe Kwan, Managing Partner, Real Estate of Raffles Family Office, added, “We look forward to embarking on this journey with Tishman Speyer for an inaugural APAC Real Estate fund. This partnership is the first of its kind, and it arrives at an ideal time to emphasize our conviction of the longer-term secular tailwinds across the Asia Pacific region. This combined with class leading investment, governance and asset management capabilities, offer a unique set of real estate investment opportunities for UHNW investors. The ability to invest through a down cycle will offer strong return proposition for our clients and may well prove to be an exceptional vintage for the fund.”

About Tishman Speyer

Tishman Speyer is a leading owner, developer, operator and investment manager of first-class real estate in 33 key markets across the United States, Europe, Asia and Latin America. Our portfolio spans market rate and affordable residential communities, premier office properties and retail spaces, industrial facilities, and mixed-use campuses. We create state-of-the-art life science centers through our Breakthrough Properties joint venture, and foster innovation through our strategic proptech investments. With global vision, on-the-ground expertise and a personalized approach, we are unparalleled in our ability to foster innovation, quickly adapt to global and local trends and proactively anticipate our customers’ evolving needs. By focusing on health and wellness, enlightened placemaking and customer-focused initiatives such as our tenant amenities platform, ZO, and our flexible space and co-working brand, Studio, we tend not just to our physical buildings, but to the people who inhabit them on a daily basis. Since our inception in 1978, Tishman Speyer has acquired, developed, and operated 531 properties, totalling 221 million square feet, with a combined value of approximately $130 billion (U.S.). Our current portfolio includes such iconic assets as Rockefeller Center in New York City, The Springs in Shanghai, TaunusTurm in Frankfurt and the Mission Rock neighborhood currently being realized in San Francisco. For additional information, visit https://www.tishmanspeyer.com

About Raffles Family Office

Raffles Family Office (RFO) is an award-winning multi-family office that offers a full suite of wealth management services for ultra-high net worth individuals. With an integrated platform that combines independence with advisory expertise across a broad range of asset classes and an expansive global partnership network built for seamless collaboration with the world’s leading financial institutions, the firm is uniquely placed to provide comprehensive, lasting and highly bespoke wealth growth and preservation solutions. RFO is headquartered in Hong Kong and has branch offices in multiple Asian financial centres, including Singapore, Shanghai, Beijing and Taipei. For additional information, visit http://www.rafflesgroup.co

Media Contact

Tishman Speyer: Raffles Family Office:
Bud Perrone

bperrone@rubenstein.com

+1 212-843-8068

Agnes Suen

agnessuen@rafflesgroup.co
+852 9050 5406

 
Categories
Africa GLOBE-NEWSWIRE MENA Pakistan Press Releases South Africa

Floship Hand-Picked for The Leading 100 List 2023

The annual research list recognizes Floship’s technology’s innovative approach to driving the future of brand-to-consumer

HONG KONG and NEW YORK, May 09, 2023 (GLOBE NEWSWIRE) — Floship, a leading global circular supply chain solutions provider, is pleased to announce that it has been appointed to The Leading 100 List — a highly anticipated annual research list by The Lead that recognizes innovative tech start-ups that are driving the future of brand-to-consumer businesses.

Companies from across the value chain—including marketing, e-commerce, last-mile, and third-party logistics, checkouts, and payments were nominated and considered.

All companies were evaluated and selected using a rigorous methodology including company interviews, nomination forms, and company data. The selection process included a detailed look at each company’s business with a decision-making criterion based on Innovation, Business Impact, Commercialization & Customers, Teams and experience, Competition, Media Buzz, and Investor Value Creation.

Speaking on the selection, Floship CEO Joshua Tsui said, “Floship’s appointment to The Leading 100 List is a tremendous honor. The selection comes at an exciting time in our journey and this acknowledgment underscores Floship’s intelligent technology’s innovative capabilities and the exceptional value that it creates for our clients and their customers. As we look ahead to the next phase of our growth, our technology will remain integral to the rollout of our modular service offering including white-labeling solutions for enterprise organizations and this award confers another level of assurability to our solutions.”

Companies on The Leading 100 List will be honored in an awards ceremony at The Lead Innovation Summit between 12 & 13 July in New York City. The annual summit brings together executives from across the entire fashion, beauty, CPG, and retail innovation community to engage the future of the direct-to-consumer business model.

“I’d like to thank the selection committee and express my congratulations to the other companies selected for The List and look forward to connecting with industry peers in New York,” shared Tsui.

About Floship

Floship’s global circular supply chain ecosystem solutions cover all aspects of the global supply chain, ensuring minimal operation effort for e-commerce businesses, and allowing business owners to concentrate on driving growth with investment flexibility while gaining peace of mind.

Learn more at www.floship.com or follow us on,  LinkedIn,

For more information about Floship, please contact:

James Linacre, PR & Communications Lead

Phone: (+852) 5333 9420

Email: pr@floship.com

GlobeNewswire Distribution ID 8834891

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General

JREEEF wins Mediterranean Climate Change Adaptation Award

The Jordan Renewable Energy and Energy Efficiency Fund (JREEEF), established by the Ministry of Energy and Mineral Resources, has received the Mediterranean Climate Change Adaptation Award as the best institution working to mitigate climate change in the Arab and Euro-Mediterranean regions. The award was presented on the sidelines of a special conference on “energy rationalization” held in Marrakesh, Morocco. With over 50 institutions from Mediterranean countries competing for the award, JREEEF’s recognition came for its programs and efforts in reducing the effects of climate change on the environment and implementing programs that effectively reduced carbon emissions and had a positive economic and social impact on citizens. In remarks during the ceremony, JREEEF director Rasmi Hamza said that the award is a testament to JREEEF’s commitment to sustainable energy solutions and practices, and that the institution will keep working to make a difference in slowing down climate change. “We are proudly honored today because of programs that have had a direct economic and social impact over a period of seven years, in which the Integrated Energy Fund team succeeded in implementing a package of projects totaling more than JD100 million, covering 11 sectors and distributed over 16 projects,” he added. Numerous international organizations from the Mediterranean region, including those focused on sustainability, climate change, and energy transition, as well as representatives from the majority of Arab and European nations, attended the ceremony.

Source: Jordan News Agency

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General

JCC calls for establishing Arab investment platform

President of the Jordan Chamber of Commerce (JCC) Khalil Haj Tawfiq called for building a unified Arab investment platform entailing investment opportunities in each country separately, with the aim of maximizing investment in the Arab region. During his participation in an Annual Investment Meeting (AIM Global 2023) session in Abu Dhabi, he indicated that the Arab world is a consumer market that imports a trillion dollars annually, while the volume of Arab trade is approximately 14 percent, thus confirming the need to remove customs obstacles to impede the flow of goods between Arab nations. He also stressed the need to expand Arab investment projects with added value to generate job opportunities for youth, noting that Jordan has taken advanced steps to establish a modern, developed, and stimulating business environment for investors, based on its security and stability. Jordan, he said, abounds of many investment opportunities with high added value, distributed in the sectors of information and communications technology (ICT), logistics services, tourism, industry, agriculture, health, energy, renewable energy, medical tourism, mining, and food industries. Tawfiq called on businessmen, investors, and chambers of commerce to attend the businessmen and investment conference in Jordan during the last quarter of this year, which will be organized by the JCC in cooperation with the Arab League and the Union of Arab Chambers. Held in collaboration with the Ministry of Industry and Advanced Technology and the Abu Dhabi Department of Economic Development, this year’s edition of AIM Global is themed “The Investment Paradigm Shift: Future Investment Opportunities to Foster Sustainable Economic Growth, Diversity, and Prosperity,” bringing together over 600 speakers from 170 countries.

Source: Jordan News Agency