|TOKYO–(BUSINESS WIRE)–Jul. 13, 2016
– Obtains communication service license to deliver one-stop ICT solutions
NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT (NYSE: NTT) Group, announced today that it has received a network service license from Myanmar’s Ministry of Transport and Communications and has begun offering reliable, high-speed internet connections for enterprises throughout the Yangon area as a first phase, effective immediately.
The service, Digi-Path Premier, provides dedicated circuits from 1Mbps to connect enterprises with NTT Com’s global internet network. Optional services include global IP address, web hosting, mail hosting, rental routers, managed firewalls, internet VPN and file transfers.
New connection service in Yangon, Myanmar
Benefits of NTT Com’s new connection service include the following:
For more information about Digi-Path Premier, including application procedure, optional services and initial/monthly costs, please contact NTT Communications Yangon (in English, Japanese or Burmese) as follows:
NTT Communications Yangon
NTT Com is now providing internet connections to enterprises globally as well as in seven Southeast Asian countries, including Singapore, Malaysia, Indonesia, Thailand, Vietnam and Cambodia, as well as Myanmar.
Myanmar has been strengthening its presence in the Mekong regional economy since beginning its transition from military to democratic rule in March 2011. An increasing number of multinational enterprises are entering the market and creating demand for reliable high-quality internet connection services. NTT Communications Yangon was opened in October 2012 to provide ICT solutions that combine global networks, system integration and security throughout Myanmar. The internet connection service, which is now available nationwide, previously had been restricted to tenants in Yangon’s Sakura Tower, a high-rise office building serving multinational companies.
About NTT Communications Corporation
www.ntt.com | Twitter@NTT Com | Facebook@NTT Com | LinkedIn@NTT Com
BroadSoft Connections 2016 Theme "Let’s Change the Game" Focused on Empowering Global Service Providers, Industry Leaders to Capture Larger Share of Cloud Unified Communications Market
GAITHERSBURG, MD–(Marketwired – Jul 12, 2016) – BroadSoft, Inc. (NASDAQ: BSFT) has announced that its annual user conference, BroadSoft Connections 2016, will be held November 13th-16th, 2016 in San Antonio, Texas. The event will welcome hundreds of BroadSoft’s service provider customers, as well as industry leaders and market influencers. At last year’s Connections event, 62% of attendees were senior decision makers within their organizations.
Now in its 14th year and once again on track for record attendance, the theme of BroadSoft Connections 2016 is ‘Let’s Change the Game.’ By assembling top innovators and experts, attendees to this year’s event will not only gain valuable knowledge and hands-on experience to use, sell and deploy cloud unified communications, but collectively help shape the future of business communications.
"At last year’s event, we unveiled Project Tempo, our vision for the future of work that enables more effective team collaboration by integrating popular enterprise cloud applications with contextual intelligence and real-time unified communications services provided by BroadSoft UC-One®," said Taher Behbehani, chief digital and marketing officer, BroadSoft. "Attendees of Connections 2016 will walk away with invaluable knowledge on how to meet enterprise demand for these innovative communications and collaboration solutions with game changing go-to-market strategies to rapidly grow their market share and unlock new revenue streams."
In addition to informative and real-life best practice keynote addresses from BroadSoft executives and industry experts, at Connections 2016, BroadSoft will inspire smarter working with provocative insights from thought leaders on market trends, go-to-market strategies and best practices for obtaining stronger business results in terms of time-to-market, wins, market share, revenue and margins. There will be extensive opportunities to connect one-on-one with peers from around the world, and collaborate on ways to expand UCaaS market share, as well as gaining a competitive advantage through differentiated market offers with live demonstrations of BroadSoft’s full solutions stack that includes PBX, UC, team collaboration and contact center offerings.
BroadSoft is the leading provider of software and services that enable mobile, fixed-line and cable service providers to offer Unified Communications over their Internet Protocol networks. The Company’s core communications platform enables the delivery of a range of enterprise and consumer calling, messaging and collaboration communication services, including private branch exchanges, video calling, text messaging and converged mobile and fixed-line services.
For additional information, visit www.BroadSoft.com.
Bluetext PR for BroadSoft North America
Andy Crisp / Jon Bawden / Kate Anderson
Cohesive for BroadSoft UK
+44 (0) 1291 626200
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|GREENWOOD VILLAGE, Colo.–(BUSINESS WIRE)–Jul. 11, 2016
– New Location Represents Additional Investment by Selling Simplified Group to Capitalize on Growing Opportunity in Marketing Data Quality Segment.
With its charter and focus of improving marketing data quality for today’s sales and marketing teams, Acquiro, a marketing technology solutions vendor launched earlier this year, announced today the opening of its Singapore office. Acquiro – part of the Selling Simplified Group (SSG) – was formed with the mission of bringing to market data quality solutions engineered to dramatically increase a company’s revenue by validating and enriching lead contact data.
This global expansion by SSG is in response to the increasing need for more complete and accurate marketing data required by companies across the Asia-Pacific Region. Although SSG has an established presence and regional sales team in support of its Selling Simplified content syndication business, the addition of the recently launched Acquiro brand is in recognition of the expanded opportunity for its Software-as-a-Service (SaaS) data solutions product, LeadFUSION.
“We believe companies throughout the Asia-Pacific region have a tremendous need to address the poor data quality problem which can greatly inhibit their revenue growth,” says Michael Whife, CEO, Acquiro. “Our Acquiro LeadFUSION Suite is the only sales data quality solution available on the market which is proven to be as effective in these global regions as it is in the U.S.”
Launched in May of 2016, Acquiro is part of the Selling Simplified Group (SSG) founded in 2012, an organization of sales and marketing technologists who are dedicated to helping companies fill sales funnels and grow revenue – fast! Our mission is to simplify selling so sales teams can focus on closing and growing revenue by keeping pipelines full of high quality, nurtured, sales-ready leads. In keeping with this mission, Acquiro was formed to focus on the development of cutting-edge technologies to bring to market advanced SaaS solutions engineered to improve sales data quality that can dramatically increase clients’ revenue streams. With headquarters in Greenwood Village, Colorado, Acquiro is a global organization with regional offices in California, London, Singapore, and Pune, India.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160711005277/en/
TOKYO–(BUSINESS WIRE)–Jul. 11, 2016
– For 1.5A large current control and 110 degrees Celsius operation.
Toshiba Corporation’s (TOKYO:6502) Storage & Electronic Devices Solutions Company today announced the launch of photorelays in the industry’s smallest package. Shipments start from today.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160710005090/en/
Toshiba: Photorelays for semiconductor testers in industry’s smallest package (Photo: Business Wire)
The new product, "TLP3406S", utilizes the industry’s smallest package for photorelays, the Toshiba-developed S-VSON4 package. Compared to Toshiba’s previous products in a VSON4 package, the new photorelay has an approximately 22.5% smaller assembly area, which can contribute to the development of smaller test boards and also make it possible to increase the number of photorelays on a board to increase density. Since the new photorelay can drive large currents of up to 1.5A, in spite of its small package, it can be used in device power supplies (DPS) that make up the power supply circuits in various testers. As a further positive, the operating temperature range has been enhanced from 85 degrees Celsius (max.) to 110 degrees Celsius (max.).
ATE (Automatic Test Equipment), memory testers, SoC/LSI testers and probe cards
Part Number: TLP3406S VOFF ION RON RON COFF CxR IOFF tON tOFF BVs (min.)(max.)(typ.) (max.) (typ.) pF・Ω (typ.) (max.) (max.) (max.) (min.) 30V 1.5A 0.1Ω 0.2Ω 120pF 7.2 1nA@20V 2ms 1ms 500Vrms
 For photorelay products, as of July 11, 2016. Toshiba survey.
 S-VSON4 package: 2.00mm×1.45mm (typ.)
VSON4 package : 2.45mm×1.45mm (typ.)
Follow the links below for more on Toshiba photorelays. http://toshiba.semicon-storage.com/ap-en/product/opto/photocoupler/photorelay.html
Optoelectronic Device Sales & Marketing Department
Information in this document, including product prices and specifications, content of services and contact information, is correct on the date of the announcement but is subject to change without prior notice.
Toshiba Corporation, a Fortune Global 500 company, channels world-class capabilities in advanced electronic and electrical product and systems into three focus business fields: Energy that sustains everyday life, that is cleaner and safer; Infrastructure that sustains quality of life; and Storage that sustains the advanced information society. Guided by the principles of The Basic Commitment of the Toshiba Group, “Committed to People, Committed to the Future”, Toshiba promotes global operations and is contributing to the realization of a world where generations to come can live better lives.
Founded in Tokyo in 1875, today’s Toshiba is at the heart of a global network of 550 consolidated companies employing 188,000 people worldwide, with annual sales surpassing 5.6 trillion yen (US$50 billion). (As of March 31, 2016.)
To find out more about Toshiba, visit www.toshiba.co.jp/index.htm
View source version on businesswire.com: http://www.businesswire.com/news/home/20160710005090/en/
WASHINGTON–(BUSINESS WIRE)–Jul. 12, 2016
– Arbitral Tribunal Condemns China’s “9-Dash Line” And Upholds the Philippines’ Maritime Rights An international arbitral tribunal today unanimously upheld the Philippines’ claims in a much-watched arbitration against China. The Tribunal rejected China’s claim to “historic rights” in the maritime areas encompassed by its so-called “nine-dashed line” as inconsistent with the U.N. Convention on the Law of the Sea.
The case had captured global attention because it involves critical issues relating to China’s expansive claims over some 90% of the South China Sea, an area of major strategic importance through which over 50% of the world’s commercial shipping passes each year.
Foley Hoag LLP partners Paul Reichler, Lawrence Martin and Andrew Loewenstein led the Philippines’ legal team.
“This historic decision not only vindicates the Philippines’ claims, it provides much-needed clarity concerning the Parties’ legal rights and obligations under the Law of the Sea Convention to which they and more than 180 other States are signatories,” said Reichler.
“The Tribunal’s ruling not only benefits the Philippines, it also benefits other States bordering the South China Sea like Indonesia, Malaysia and Vietnam,” Reichler added. “If China’s nine-dash line is invalid as to the Philippines, it is equally invalid to those States and, indeed, the rest of the international community.”
The five-member arbitral tribunal was convened in 2013 pursuant to the terms of Annex VII to the Law of the Sea Convention. It was comprised of some of the world’s leading authorities on the law of the sea and presided over by Mr. Thomas Mensah of Ghana, a former President of the International Tribunal for the Law of the Sea in Hamburg, Germany. It also included three of the sitting judges on that court (from France, Germany and Poland), and the former director of the Netherlands Institute for the Law of the Sea.
“This was, beyond doubt, the most pre-eminent and well respected panel of arbitrators to sit in a Law of the Sea case,” said Reichler, “and we (Foley Hoag) have been involved in almost all of them.”
The Philippines initiated the arbitration In January 2013, after China claimed exclusive rights over 90% of the South China Sea’s waters and seabed, and all of its resources, and refused to allow the Philippines to fish or explore for oil even in areas close to the Philippine coast. China claimed exclusive rights and jurisdiction within its so-called nine-dash line, which all neighboring States have protested, and no State besides China recognizes.
The Philippines also sought determinations that China had unlawfully interfered with the Philippines’ sovereign rights and jurisdiction in its exclusive economic zone and continental shelf within 200 nautical miles of its coasts; that no features in the South China Sea generate maritime entitlements beyond a 12 nautical mile territorial sea; and that China’s island building activities in the area have caused massive environmental harm in violation of the provisions of the Convention on protection of the marine environment.
China refused to formally participate in the proceedings. The Tribunal nevertheless moved forward with the case. The relevant provisions of the Law of the Sea Convention—to which China agreed when it ratified the Convention in 1996—expressly state that all Parties consent to binding arbitration of disputes arising under the Convention, and that proceedings may continue even when one party fails to appear.
The Tribunal’s ruling upheld the Philippines’ claims in all critical respects. Specifically, it determined that China’s maritime entitlements in South China Sea, like those of the Philippines and other States, cannot extend beyond the clear limits stated in the Law of the Sea Convention. It also determined that China’s claim to “historic rights” in the areas of the South China Sea encompassed by its nine-dash line is contrary to the Convention and therefore unlawful.
“The Tribunal’s decision on China’s nine-dash line is truly historic. Equally important is the Tribunal’s ruling on the marine environment. This is the first time that an international court or tribunal has put teeth in the Convention’s provisions relating to environmental protection,” said Foley Hoag’s Lawrence Martin. “States should be on notice that they can expect to be held to their obligation to protect and preserve the marine environment in the world’s oceans and seas.”
The Philippines’ victory owes much to former President Begnino Aquino III and his Secretary of Foreign Affairs, Ambassador Albert del Rosario, under whose leadership the case was brought and successfully prosecuted. In addition to Foley Hoag LLP, the Philippines was represented by Professor Bernard Oxman of the University of Miami, Professor Philippe Sands QC of University College London and Professor Alan Boyle of the University of Edinburgh. View source version on businesswire.com: http://www.businesswire.com/news/home/20160712005801/en/
Foley Hoag LLP Audra
NEUHAUSEN, SWITZERLAND–(Marketwired)–12 July 2016
– ISO 50001:2011 Certification Demonstrates Continued Commitment to Green Retailing.
Tyco Retail Solutions (www.tycoretailsolutions.com) today announced its state-of-the-art Tyco International de Mexico manufacturing facility has achieved ISO 50001:2011 certification for its effort to conserve resources through the development of an energy management system. The facility is the first in Matamoros, Mexico to achieve the ISO 50001 certification.
ISO 50001 is a global standard that provides a framework of requirements designed to help businesses take an active role in managing energy consumption more responsibly, including taking advantage of renewable energy technology. Certification provides third-party validation that organizations are reducing greenhouse gas emissions and working to meet environmental targets.
Tyco’s facility in Matamoros, Tamaulipas, Mexico manufactures a range of anti-theft, security and fire protection products for retailers worldwide. The facility was built using recycled building materials and features solar roof panels, which supply internal LED lighting for reduced power consumption, water efficient devices, and a thermal reflective building coating. The energy management system has provided a 47% improvement in energy efficiency over 2.5 years. The facility has over 1,400 employees following the energy policy with the highest commitment.
"Today’s shoppers care about protecting the environment, so we are dedicated to minimizing our impact while delivering high quality products that align with retailers’ sustainability goals," said Gopal Chandramowle, Senior Director, Global Supply Chain & Manufacturing, Tyco Retail Solutions. "This certification builds on our continued effort to drive green retailing and advance overall corporate environmental responsibility."
Tyco Retail Solutions’ ISO 50001 certification follows other energy efficiency honors including a 2015 INDEX Environmental Award and Tyco’s listing in the Newsweek U.S. Green Rankings 2015. Other notable green initiatives at Tyco include:
• An innovative Sensormatic source tagging recirculation program for retailers, which allows hard tags to be applied at the source of manufacture, removed at the store and then processed and returned for reapplication by garment manufacturers.
• A company-wide Environmental Health and Safety (EHS) program aimed at reducing hazardous waste, greenhouse gases, and water consumption globally.
• The creation of "Energy Commissions" at its state-of-the-art global manufacturing facilities to feature initiatives designed to encourage employee participation, such as tree planting and recycling contests.
Tyco Retail Solutions is continually improving product design, manufacturing and supply chain practices to deliver environmentally responsible in-store systems backed by global processes that cut waste and promote sustainability. To learn more about Tyco’s energy efficiency efforts, visit http://ow.ly/10hHhO.
About Tyco Retail Solutions
Tyco Retail Solutions is a leading provider of integrated retail performance and security solutions, deployed today at more than 80 percent of the world’s top 200 retailers. Customers range from single-store boutiques to global retail enterprises. Operating in more than 70 countries worldwide, Tyco Retail Solutions provides retailers with real-time visibility to their inventory and assets to improve operations, optimize profitability, and create memorable shopper experiences.
The Tyco Retail Solutions portfolio for retailers is sold direct through Tyco businesses and authorized business partners around the world. For more information, please visit TycoRetailSolutions.com or follow us on LinkedIn, Twitter, and our YouTube channel.
TYCO is a registered trademark. Unauthorized use is strictly prohibited.
+1 (978) 518-4512
PETALING JAYA, Malaysia–(BUSINESS WIRE)–Jun. 28, 2016
The unveiling of the 272 Cheria Residences semi-detached homes at Tropicana Aman marked both company’s first strategic collaboration in Malaysia.
PanaHome Malaysia, housing subsidiary of Panasonic will provide Japan-quality technologies from construction development to fitting homes with smart systems and applications.Staying true to its mission to build a sustainable and vibrant community, property developer Tropicana Corporation Berhad (“Tropicana”) has entered into a strategic collaboration with PanaHome Malaysia Sdn Bhd ("PanaHome Malaysia"), a local subsidiary of PanaHome Corporation based in Japan, to build 272 semi-detached innovative eco homes at its latest township, Tropicana Aman. The unveiling of Cheria Residences, the third phase of the residential precinct at the 863-acre Tropicana Aman marked the first collaboration between both companies.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160627006495/en/
Tropicana AMAN Cheria Residences_Semi-Detached Homes (Photo: Business Wire)
Incorporated since 1979, Tropicana is the pioneer of resort-themed developments, with over 42 completed and 16 ongoing developments across Malaysia. Established since 1963, PanaHome has built a total of about 470,000 residences in Japan over the past 50 years. Cheria Residences is a brainchild of both companies, embracing innovative design and concepts that are fitted with Japan intelligent construction technology that aim to improve the quality of lives.
The signing ceremony marked another important milestone for the Group and was witnessed by Mr Yasuteru Fujii, Corporate Advisor of Panasonic & PanaHome Corporation. Tropicana was represented by Dato’ Yau Kok Seng, Group CEO and Dato’ Dickson Tan, Deputy Group CEO; whilst PanaHome was represented by Mr Kenji Koyama, Executive Officer and Mr Haruhiko Kuwano, Managing Director of PanaHome Malaysia.
Speaking at the event, Dato’ Yau Kok Seng said that Tropicana has always been working in sync with the pulse of the local communities to enrich lives and improve the ecosystem. “Building innovative intelligent homes with PanaHome is a sign of our commitment to not just creating harmonious partnerships for the benefit of our customers but ultimately, to also create an ideal and vibrant township that is sustainable and holistic in nature. Going forward, Tropicana plans to build more sustainable homes in each of its townships.”
Dato’ Yau added, "Tropicana Aman is set to be an idyllic place where one can slow down, breathe in the fresh air, find the balance in life and live in a walk and bike-friendly environment. PanaHome Malaysia aims to make a difference by creating an "EcoNation" where one can work, live and play in a healthy environment. We share the same vision to create a better community with our future smart homes and thus, this is a very strategic partnership”.
Speaking on behalf of PanaHome Malaysia, Mr Haruhiko Kuwano said, "With Tropicana’s vision to redefine the art of living and its commitment to building luxurious, resort-themed developments, I believe together, we can create a more vibrant township in Tropicana Aman. The synergy between Tropicana’s master-planning and PanaHome’s Japan intelligent construction technology will definitely add more value to Cheria Residences precinct at Tropicana Aman".
The newly unveiled Cheria Residences is expected to launch in mid-July 2016 and expected to complete in 2019. Seated on a lush 38.5 acres land, the capacious double-storey semi-detached homes boast 3,200 to 3,670 square feet with wide car porch that could fit three cars side-by-side. Future residents of this gated and guarded precinct will also enjoy their own private 4.73-acre central park and linear garden, 3-km pedestrian and jogging track and a dedicated community hall.
On the innovative and Japanese-quality technologies front, each Cheria Residence is designed to be energy efficient and environmentally-friendly. Construction methods utilising reinforced concrete panel technology ensure high and consistent quality building structure.
PanaHome also offers air ventilation and heat insulation technology that supplies effective flow and circulation of natural cool air whilst at the same time, minimises the heat transmission from the ceiling unlike the issue faced in conventional buildings. The unique PanaHome’s PURETECH structured embedded ventilation system filters out dust and air pollutants and the special filter can remove up to more than 95% of harmful air particles. The thermal heat insulation materials will be incorporated behind the ceiling to help to reduce heat conduction to keep the living space naturally cool and clean for the inhabitants without the need for excessive air-conditioning, hence reducing energy consumption.
On the scope of fitted electronics equipment and security front, PanaHome will incorporate the video intercom and home network system to deter crime. With the built-in video intercom, residents will be able to see the face of their visitors without the need of opening the door. The Panasonic security systems are connected to the smartphone to monitor the status of your home remotely even when you are out of the house.
About Tropicana Aman
Set next to the growing affluent neighbourhood of Kota Kemuning, Tropicana Aman encompasses 863-acre of idyllic setting offering both residential and commercial components. The township also boasts an 85-acre Central Park with a central community clubhouse. Tropicana is also building a 10-acre Tenby International School campus and is expected to have its first intake in September 2018, offering international student-oriented programmes for students aged from 3 to 18 years old. Access-wise, Tropicana Aman is linked to six major highways – Lebuhraya Shah Alam (KESAS), the Federal Highway, Lebuhraya Kemuning Shah Alam (LKSA), Expressway Lingkaran Tengah (ELITE), South Klang Valley Expressway (SKVE) and the up-and-coming West Coast Highway.
Since its launch in May 2015, Arahsia Residences, the first phase of Tropicana Aman recorded an overwhelming success with all the 432 units of link homes 100% taken up. The second phase, Bayan Residences was launched in August 2015 and has since recorded over 90% take up. Cheria Residences, the third phase will be launched in mid-July 2016. Interested purchasers are encouraged to contact 1700 81 8868 or visit the Tropicana Aman Property Gallery which is open daily from 9.30am to 6.30pm.
About Tropicana Corporation Berhad
Listed on the Main Board of Bursa Malaysia since 1992, Tropicana Corporation Berhad is involved in businesses that include Property & Resort Development, Property Investment, Manufacturing and Investment Holding. For more information about Tropicana, please visit www.tropicanacorp.com.my
About PanaHome Corporation
Established in 1963, PanaHome Corporation traces its roots back to the passionate vision of Mr Konosuke Matsushita, founder of Panasonic Corporation, who believed in building quality houses to improve people’s lives. As the housing subsidiary of the Panasonic Group, PanaHome recorded consolidated net sales of 325.6 billion yen for the year ended 31 March 2015. PanaHome has built a total of about 470,000 residences in Japan over the past 50 years. It has expanded its business overseas, to Taiwan in 2010, Malaysia in 2012 and Indonesia in 2016. In 2015, it established PanaHome Asia Pacific Pte Ltd to strengthen its foothold in the housing industry across the Southeast Asia and Oceania region. For more information on PanaHome, please visit the company’s website at www.panahome.jp/english/
View source version on businesswire.com: http://www.businesswire.com/news/home/20160627006495/en/
Media Contacts:Panasonic Corporation
Global Communications Department
Media Promotion Office
Michael Kors Announces New Lifestyle Partnership with McLaren-Honda
LONDON–(BUSINESS WIRE)–Jun. 22, 2016
Michael Kors (NYSE:KORS), a global luxury lifestyle brand, is delighted to announce a new partnership with McLaren-Honda, becoming the official lifestyle partner of the world championship Formula 1 team. Both McLaren-Honda and Michael Kors celebrate design and speed, with the partnership strengthening and amplifying both brands’ embodiment of a fast, jet-set lifestyle.
“Michael Kors and McLaren-Honda are pioneers in their respective spaces, and we firmly believe that McLaren-Honda is the right partner for our entry into the Formula 1 racing world,” says John D. Idol, Chairman and Chief Executive Officer of Michael Kors. “This is an exciting moment for us, especially as we continue to grow as a men’s lifestyle brand. ”
The Formula 1 audience is a new one for Michael Kors, providing a prime opportunity to familiarize the European consumer with all facets of the Michael Kors world. Additionally, the legendary McLaren-Honda brand and its renowned Formula 1 drivers are an exceptional representation of the Michael Kors man—sophisticated, international and successful, with an appreciation for living life in the fast lane.
“We’re delighted to announce a brand-new partnership between McLaren- Honda and Michael Kors, the world-famous award-winning designer of luxury accessories and ready-to-wear apparel,” says Ron Dennis, Executive Chairman and CEO McLaren Group.
He continues, “Like McLaren, which has raced in Formula 1 all over the world for the past 50 years, Michael Kors is also a truly international company, operating sty lish and successful stores in some of the most prestigious cities in the world, including New York, Beverly Hills, Chicago, London, Milan, Paris, Munich, Istanbul, Dubai, Seoul, Tokyo and Hong Kong.
“Moreover, I firmly believe that the corporate cultures of both McLaren and Michael Kors encompass a common dynamism and adventurism, as well as a shared commitment to a similarly relentless pursuit of perfection, and as such the two brands are extremely well suited to a long-term partnership. That brand fit is very important to both of us: both companies have built their reputations on being the very best at what they do, and, as we now march forward together, we’ll both become stronger still.”
As the team’s official lifestyle partner, Michael Kors branding will feature prominently on both the driver overalls and the McLaren-Honda MP4-31 car.
&nb sp; To celebrate the launch of the partnership, Michael Kors has created a limited-edition men’s leather jacket. The 50 specially produced black leather jackets will be sold exclusively on the men’s floor of the new Michael Kors London flagship store, while supplies last. The jackets feature both the Michael Kors and McLaren logos, as well as a limited-edition plaque with each piece’s unique production number.
“This partnership is about the convergence of style and speed, which is inherent to both the Michael Kors and McLaren-Honda DNA,” says Michael Kors. “There is an energy, sophistication and confidence to both of our brands, and we wanted to create a limited-edition piece that spoke to that.”
About Michael Kors
Michael Kors is a world-renowned, award-winning designer o f luxury accessories and ready-to-wear. His namesake company, established in 1981, currently produces a range of products under Michael Kors Collection, MICHAEL Michael Kors and Michael Kors Mens, including accessories, footwear, watches, jewelry, ready-to-wear and a full line of fragrance products. Michael Kors stores are operated, either directly or through licensing partners, in some of the most prestigious cities in the world, including New York, Beverly Hills, Chicago, London, Milan, Paris, Munich, Istanbul, Dubai, Seoul, Tokyo and Hong Kong.
About McLaren Technology Group
McLaren is globally renowned as one of sport’s most successful competitors and as one of the world’s most illustrious high-technology brands.
The McLaren Technology Group has grown to encompass much more than just motorsport: toda y it houses McLaren Applied Technologies, which supplies electronic systems to the entire Formula 1, Indycar and NASCAR grids and creates cutting-edge solutions for a wide variety of high-tech industries. McLaren Automotive has established itself as a successful global company having launched the internationally acclaimed 12C, 650S and McLaren P1(TM) high-performance cars.
McLaren-Honda campaigns the 2016 FIA Formula 1 World Championship with the driver pairing of two-time (2005, 2006) world champion Fernando Alonso and 2009 world champion Jenson Button. They drive the McLaren-Honda MP4-31.
This press release contains forward-looking statements about Michael Kors and McLaren. You should not place undue reliance on such statements because they are subject to numerous uncertainti es and factors relating to the operations and business environment of each company, all of which are difficult to predict and many of which are beyond such company’s control. Forward-looking statements include information concerning each company’s possible or assumed future results of operations, including descriptions of its business strategy. These statements often include words such as “may”, “will”, ”should”, ”believe”, ”expect”, ”anticipate”, ”intend”, ”plan”, ”estimate” or similar expressions. The forward-looking statements contained in this press release are based on assumptions that each company has made in light of management’s experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors that it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties a nd assumptions. Although each company believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect its actual financial results or results of operations and could cause actual results to differ materially from those in these forward-looking statements. These factors are more fully discussed in the “Risk Factors” section and elsewhere in the Michael Kors Annual Report on Form 10-K for the fiscal year ended April 2, 2016 (File No. 001-35368), filed on June 1, 2016 with the U.S. Securities and Exchange Commission.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160622006009/en/
Dinesh Kandiah, 917-214-2979
&nb sp; VP, Global Communications
Michael Kors Holdings Limited
Krystyna Lack, 201-691-6133
VP, Treasurer and Investor Relations
Jean Fontana, 203-682-1214
&n bsp; Media:
Alecia Pulman, 646-277-1231
Matt Bishop, +44 7976 835878
Group Head of Communications & Public Relations, McLaren Marketing
Steve Cooper, +44 7881 426460
Media Manager, McLaren Marketing
First Seven Pilot Online Courses Certified by EOCCS – Online Course Certification System
BRUSSELS, BELGIUM–(Marketwired)–Jun 21, 2016
EFMD Global Network would like to warmly congratulate BI Norwegian Business School, Henley Business School, HEC Paris (in partnership with FFI), Sberbank Corporate University and Grenoble Ecole de Management, which have been recently certified by EOCCS, establishing the community of EOCCS Certified online courses.
Dr. Olga Udovichenko, Vice-Dean, Programs Development, Sberbank Corporate University, said: "We are very pleased with the successful launch of EOCCS certification system which is another evidence of EFMD’s global leadership in innovations in management education. For us at Sberbank Corporate University it is a great honor and responsibility to become the first EFMD corporate member awarded EOCCS."
"With the continual advancements in eLearning, we see a high quality online student experience as critical to our future success. The development of a rigorous review process by EFMD demonstrates that they too recognise the importance of technology and its role in delivering outstanding business education," said prof. Ginny Gibson, Deputy Dean at Henley Business School.
Mrs. Karine Le Joly, Director of Innovation at HEC Paris, added: "HEC Paris is proud to be among the first schools to receive the EOCCS certification. This certification confirms the excellence of our online courses and is a great reward for the efforts we are undertaking."
"We receive this certification toget her with major international and prestigious institutions. It establishes BI as a leading international educational institution for future teaching methods," commented prof. Inge Jan Henjesand, the President of BI Norwegian Business School.
Prof. David Asch, EFMD Quality Services Director, said: "We are extremely pleased that seven online courses from five renowned organisations, representing both business schools and corporate universities, have successfully completed the pioneering EOCCS – Online Course Certification System. EOCCS has been designed as a demanding and quality-driven international certification system, firmly embedded in the general philosophy of EFMD accreditations, namely internationalisation, practical relevance and quality improvement. We would like to warmly congratulate all five organisations for the tremendous work they put into the development of their online courses and for the completion of the certification process."
EOCCS gives online courses within universities, business schools, corporate learning organisations and public agencies a top international quality benchmark in the diverse education landscape where digital technology is applied to teaching and learning. The system is open to any institution delivering online business and/or management-related courses that are stand-alone or constitute part of a certificate or a programme.
If you would like further information or are interested in your online course taking part, please visit the EOCCS website or contact eoccs.
EFMD is a leading international network of business schools and companies at the forefront or raising the standards of management ed ucation and development globally. More information about EFMD is available via efmd.org.
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Posted Jun 22, 2016 09:36 (GMT+7)
Mitratech Acquires CMO Software
AUSTIN, TX–(Marketwired)–June 21, 2016
– Mitratech Signals New Future for Legal, Compliance and Operational Risk Management With Its Acquisition of CMO Software, an Industry-Leading GRC and EHS Platform
Mitratech, the market-leading provider of Enterprise Legal Management (ELM) solutions, announced today it has acquired CMO Software. CMO Software is a recognized market leader in Environment, Health and Safety (EHS) & Governance, Risk, and Compliance (GRC) solutions for organizations around the globe. With a robust web-based platform, and mobile solutions for both iOS and Android, CMO Software is an industry-leading integrated technology platform with extensive workflow and configuration capabilities.
&nb sp; Mitratech’s acquisition of CMO Software is the company’s fourth in the past year; Mitratech acquired Bridgeway Software in July 2015, CaseTrack in August 2015, and Viewabill in March 2016.
For more than 30 years, Mitratech’s mission has been to provide the technology and tools that enable the legal department to be the best-run function in the organization for companies of all sizes and for industries around the globe. We are excited to be a part of the continued expansion of that mission as the market and client needs continue to expand as well. The changing global environment has created an opportunity to go even further to erase the traditional barriers between legal processes and regulatory, compliance, and risk management.
“Risk, its mitigation, and the costs associated with both have become material issues for companies, whether that risk is legal, regulatory, or related to health and safety,” said Mitratech CEO Jason Parkman. “We’re staking a position as the company that brings this all together in a total end-to-end solution for the industry. The acquisition of CMO Software allows Mitratech to not only meet this growing market need, but to lead the market where data silos and disconnected business processes are costing companies billions each year. Our solutions will allow operational executives to better identify, manage, and mitigate the issues that keep them up at night, and will provide unprecedented visibility and predictability for the C-Suite.”
CMO Software is highly complementary to Mitratech’s fast-growing global customer base of large multinational and middle market corporations representing more than 750 companies and 11,000 law firms spanning the Americas, EMEA and APAC.
“With Mitratech and CMO together, we can offer a total risk management solution: helping our clients reduce risk and costs, whether legal, regulatory, or operational — with visibility, predictability, and control,” stated Jim Darragh, CMO Software’s CEO. “We are thrilled to be a part of their long-term vision for the global enterprise risk management market.”
Within a global environment of increasing regulation and higher stakes for non-compliance, the acquisition of CMO Software allows Mitratech to expand their abilities to enable corporations in their efforts to manage risk.
The financial terms of the deal are not being disclosed.
Mitratech, back-to-back recipient of Legaltech News’ Innovation Award for Case/Matter Management System, is the market-lead ing provider of Enterprise Legal Management (ELM) solutions for more than 750 global legal departments of all sizes, representing 6 of the Fortune 10, almost 40% percent of the Fortune 500, and over 100,000 users in over 150 countries. Mitratech’s award winning products are also used by over 11,000 of its clients’ external partners, including 99 of the Global 100 and 100 percent of the Am Law 200 law firms. Mitratech’s portfolio of ELM software solutions, which have received Market Leader designations from Hyperion Research, offer end-to-end matter management, spend management, e-Billing, legal hold, contracts management, GRC, and reporting solutions. Clients are able to prove demonstrable value creation for their organization by automating legal workflows, improving business outcomes through actionable data and insight, increasing collaboration with external partners, and reducing overall legal spend. To learn more, visit www.mitratech.com