TIS Launches New Suite of Working Capital Insights & Analytics Tools

New Tools Enable Global Businesses to Track & Measure Core KPIs Related to AP & AR Performance, DPO, DSO, & Much More

Featured Image for TIS

HEIDELBERG, Germany, Oct. 04, 2022 (GLOBE NEWSWIRE) — Today, Treasury Intelligence Solutions (TIS) announced the launch of their new Working Capital Insights solution, which provides global businesses with 360-degree visibility and control over all their core working capital metrics and KPIs.

With TIS’ Working Capital Insights, organizations can seamlessly integrate their ERPs and corresponding AP and AR data with the solution in order to review payment terms and behavior for vendors and customers, analyze invoice and billing activity, and measure all elements related to their net working capital status and cash conversion cycle.

As TIS enables clients to aggregate and classify this data, users can evaluate their metrics globally or granularly according to specific entities, regions, or customers and suppliers. They can also leverage TIS’ visual dashboards for intuitive reporting and refine their analyses by any timeframe to view activity and cash flows through customizable and flexible parameters.

Using the capabilities provided through these tools, organizations can gain unparalleled visibility over their working capital and effectively take control of, recognize, and react to abnormalities in their WC drivers. For instance, users can evaluate DPO or DSO to identify discrepancies in payment behavior across certain regions or customer groups, and could also analyze payment and invoice terms across their supplier base to determine whether additional efficiencies or adjustments could be introduced. By leveraging these innovative tools in conjunction with TIS’ existing liquidity and payment management solutions, organizations can access all data and information related to their global cash balances, payment statuses, and broader working capital operations across the entire company. And with TIS’ robust cash forecasting tools that were strengthened by their recent acquisition of Cashforce, clients can utilize their global data stored within TIS to produce highly accurate and effective cash forecasts across any time horizon.

According to Erik Masing, CEO of TIS, “The working capital solutions recently introduced by our team are the perfect addition to our existing cash, liquidity, and payments management capabilities. Now, TIS clients can control every element of their cash, payments, and working capital operations through a single solution, with the ability to also connect and integrate with other back-office platforms and banks for simplified and automated workflow management.”

For more information about this release and the ensuing benefits for organizations, refer to the below contact information.

Contact Information:
Jennifer Knutel
VP Marketing
jennifer.knutel@tispayments.com
978-875-2085

Related Images

Image 1

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

Attachment

Nordic IT Announces New CEO Martin Mørup

Nordic IT joined the Dura Software portfolio in 2019, and seeks to further develop the company’s specialized technology for the maritime shipping industry.

Featured Image for Nordic IT

Featured Image for Nordic IT

SAN ANTONIO, Oct. 04, 2022 (GLOBE NEWSWIRE) — Nordic IT, a San Antonio-based developer of a collaborative email platform for maritime shipping companies, has announced a new Chief Executive Officer for the hyperniche software company. As of Oct. 1, 2022, Martin H. Mørup is leading the team on all fronts as CEO and continues to amplify company success.

“I am really excited for the opportunity to lead the fantastic team at Nordic IT,” states Martin.  “The team has done a great job in developing our product and servicing our customers well for the last couple of years, and we are now in a great position to evolve the company even further and bring our SaaS product to the market.”

Previously, Martin has spent the past 18 months as the VP of Operations for Nordic IT and has done exceptional work improving the company’s on-premise, Gateway, and SaaS products.

Martin’s strong knowledge of the maritime industry allows for unique insights and further development of the platform, while his laser focus on customer satisfaction contributes to the company’s overall success.

Prior to his working relationship with Nordic IT, Martin spent 18 years at J. Lauritzen in various progressive technology roles. As an excellent technologist and business visionary, Martin’s expertise will allow the company to further develop and improve its offerings. Nordic IT’s current CEO, Justin Brady, remains involved with the company and transitioned to the Nordic IT Board of Directors.

“We fully anticipate the success that’s going to come with transitioning Martin to CEO of Nordic IT,” said Justin Brady, the current CEO. “He has strong technological prowess and deep knowledge of the maritime shipping industry and we’re very much looking forward to how our product will progress under his command.”

To learn more about Dura Software and its portfolio of companies, visit https://www.dura.software. To learn more about Nordic IT, visit https://nordic-it.com.

About Dura Software

Dura Software is an expert in acquiring, owning and operating “Hyper-Niche” software businesses. Over the coming years, Dura will work to continue to expand by acquiring additional great businesses and by generating sustained profitable growth from business operations. Dura Software is based in downtown San Antonio and operates a portfolio of companies that includes 6Connex, dbtech, DVSAnalytics, Eventory, Lane, Moki, Nordic IT, SecureVideo, and Vertex Systems.

About Nordic IT

Nordic IT has been transforming maritime communication since 1982. Widely regarded as one of the leading experts in collaborative email technology for the past two decades, the company presently serves more than 250 clients across the globe. Nordic IT has offices in the USA, Denmark, Dubai, and Singapore, and their collaborative email solution is used by some of the largest and well-respected shipping companies in the industry. Offering exceptional customer service and highly effective communication solutions, Nordic IT is at the forefront of collaborative email technology for maritime shipping companies.

Contact Information:
Martin Morup
CEO
martin.morup@nordic-it.com
+45 3940 3997

Related Images

Image 1

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

Attachment


Automox Expands Functionality and Reach with Remote Control and New Global Partnership

Product and distribution momentum set to fuel international growth

Boulder, Colo, Oct. 04, 2022 (GLOBE NEWSWIRE) — Automox®, the cloud-native IT operations provider, today announced general availability of its remote control feature, offering global IT teams advanced troubleshooting capabilities from a single cloud-native console.

Remote control is a powerful tool for IT teams everywhere. IT administrators often face a mountain of device-related issues daily, ranging from email account errors, password resets, and devices that won’t update, to processes that drain device resources. Without the ability to perform an in-depth investigation directly on the device, providing a fix generally requires significant time from IT teams and multiple tools.

With remote control, IT admins can gain immediate access to end-user devices to troubleshoot issues directly. The functionality was developed in-house by Automox’s product team to help IT teams quickly address a wide array of common endpoint issues.

“While our customers usually just set up Automox and let it run, we found that many of our customers occasionally need more hands-on capability with their endpoints to help with troubleshooting or user assistance.  It was a straightforward and natural step to add in remote control capabilities,” said Corey Bodzin, Senior Vice President of Product.  “Our customers can now use a single intuitive console to manage and troubleshoot all of their endpoints.”

Automox’s in-console remote control gives IT operations teams two major advantages:

  • Teams can quickly and easily access and troubleshoot remote devices for employees anywhere in the world to provide quick fixes to update issues, configuration problems, and more.
  • Teams can consolidate their toolset for simplicity and cost savings by combining patching, configuration, and troubleshooting into a single easy-to-use platform.

On the heels of its remote control release, Automox also announced further momentum into international markets with its inclusion in Orchestra, an IT channel sales distribution partnership led by QBS Software and global investor Insight Partners. Automox is one of five hypergrowth software companies to be included in the international launch, which focuses its preliminary distribution in the UK and Germany.

“This is an exciting opportunity for Automox, along with some of our fast-growing peers in the software industry, to continue to build on our international community of customers,” said Stefan Schweizer, Vice President of International Sales. “With new added functionality in our platform, our positioning is better than ever to empower fast and easy IT operations anywhere in the world.”

To learn more about Orchestra, visit here.

To learn more about remote control and troubleshooting with Automox, visit here.

About Automox

Automox is the cloud-native IT operations platform for modern organizations. It makes it easy to keep every endpoint automatically configured, patched, and secured – anywhere in the world. With the push of a button, IT admins can fix critical vulnerabilities faster, slash cost and complexity, and win back hours in their day. Join thousands of companies transforming IT operations into a strategic business driver with Automox. Learn more at : www.automox.com or follow us on Twitter, LinkedIn, Facebook, or Instagram.

© 2022 Automox Inc. All rights reserved. Automox, Automox Worklet, and the Automox logo are registered or unregistered trademarks of Automox Inc.

Justin Talerico
Automox
(561) 870-5957
press@automox.com

Moore Nanotechnology Systems Opens Global Training and Process Development Center in Charlotte, North Carolina

SWANZEY, N.H., Oct. 04, 2022 (GLOBE NEWSWIRE) — Moore Nanotechnology Systems (“Nanotech”), a leading global supplier of ultra-precision machining systems, announces the grand opening of their Global Training and Process Development Center in Charlotte, North Carolina.

Mark Boomgarden, President and CEO of Nanotech shared, “Nanotech is very excited to announce the grand opening of our Global Training and Process Development Center in Charlotte, North Carolina. Although the initial focus of this facility is to provide customer-specific training and industry-leading process development, it also provides Nanotech incremental production capacity to meet the demands of a rapidly growing market.”

Nanotech purchased and recently completed the upfit of a 50,000 ft2 building located in the Northpark Corporate Park – Charlotte, NC.

Nanotech’s core technology and employee base is in Swanzey, New Hampshire, and this foundation is fundamental to the products and services in which they provide. But as the organization continues to grow, Nanotech needed to find an ecosystem to help foster and accelerate this growth, and the Charlotte region allows Nanotech access to a world-class university, an international airport, and a city with the infrastructure to support a global footprint.

Robert Keynton, Dean of Engineering at UNC Charlotte added, “One of the advantages of having Nanotech expand their facilities here in Charlotte is that it strengthens our collaborations and our relationship, to include the hiring of our students.” Keynton continued, “But it also enables them access to the cutting-edge research our faculty are doing and to incorporate that knowledge into their systems.”

Nanotech continues to see significant growth as the requirements for optical systems become more and more complex and evolve from both real to virtual applications. The knowledge and process development required to support the manufacturing of these systems has also dramatically increased.

Scott Gerhart, Vice President Nanotech Sales and Service commented “Training and application support are fundamental to our product and service offerings, and in today’s markets, are expected by our customers.” Gerhart continued, “Because of this, our business depends on hiring the top talent available in the ultra-precision machining world. The students that are coming out of the Precision Manufacturing and Metrology Programs at UNC Charlotte are extremely well-prepared for the kind of roles we need to be successful at Nanotech.”

Paul Vermette, Vice President of Engineering stated, “As our customer’s continue to advance their in-house capabilities to meet the industry’s demanding product requirements, Nanotech continues to stay 1 to 2 generations ahead of the curve.” Vermette continued, “Our 5-year product & technology roadmap is built with customer input, which when combined with our internal investments, provides Nanotech the required strategic direction to achieve these goals.”

This new Nanotech facility is located at 6510 Northpark Blvd in Charlotte – fifteen minutes from both Uptown and Charlotte Douglas International Airport. The facility was renovated in 2022, to include the buildout of Class 10k cleanrooms, sitting on 24-inches of concrete isolation pads, and temperature control to +/- 0.1 degrees C. Additionally, the facility was upgraded to include temperature controlled high-bay manufacturing space, and a state-of-the-art training complex to support customer engagement.

Moore Nanotechnology Systems (Nanotech) was founded in Keene, New Hampshire in 1997 as a stand-alone subsidiary of the Moore Tool Company. In 2010, the company relocated into a modern, purpose-built facility in Swanzey, New Hampshire and in 2020 opened a facility in Concord, North Carolina. For over 25 years, Nanotech has been a world leader in the design, development and manufacture of state-of-the-art ultra-precision machine tools and associated processes (single point diamond turning, micro-milling, micro-grinding and glass press molding) for the production of advanced optical components in consumer electronics, space, defense, aerospace, lighting, medical and automotive sectors. Moore Tool, founded in 1924 and located in Bridgeport, Connecticut, has a long history in the precision and ultra-precision machine tool markets. Today, Moore Tool provides a complete line of high-performance CNC jig grinders, along with contract precision-manufacturing services certified to both ISO 9001:2015 and AS9100D. Moore Nanotechnology Systems and Moore Tool are vertically integrated under the PMT Group.

Moore Nanotechnology Systems: www.nanotechsys.com
Moore Tool, Inc: www.mooretool.com

For further information, please contact: sales@nanotechsys.com

Moore Nanotechnology Systems เปิดศูนย์ฝึกอบรมและการพัฒนากระบวนการระดับโลกในเมืองชาร์ลอตต์ รัฐนอร์ทแคโรไลนา

สวานเซย์ นิวแฮมป์เชียร์ , Oct. 04, 2022 (GLOBE NEWSWIRE) — Moore Nanotechnology Systems (“Nanotech”) ซึ่งเป็นซัพพลายเออร์ชั้นนำระดับโลกด้านระบบเครื่องจักรที่มีความแม่นยำสูงเป็นพิเศษ ได้ประกาศเปิดตัวศูนย์ฝึกอบรมและการพัฒนากระบวนการระดับโลกในเมืองชาร์ลอตต์ รัฐนอร์ทแคโรไลนา

Mark Boomgarden ประธานและ CEO ของ Nanotech ได้กล่าวว่า “ทาง Nanotech รู้สึกตื่นเต้นมากครับ ที่จะได้ประกาศเปิดตัวศูนย์ฝึกอบรมและการพัฒนากระบวนการระดับโลกของเราในเมืองชาร์ลอตต์ รัฐนอร์ทแคโรไลนา แม้ว่าจุดประสงค์หลักตอนเริ่มต้นของโรงงานแห่งนี้คือการให้การฝึกอบรมที่พุ่งเป้าแบบเฉพาะไปยังลูกค้าและการพัฒนาในด้านของการเป็นผู้นำในด้านอุตสาหกรรม แต่ก็ยังให้กำลังการผลิตของทาง Nanotech ให้เพิ่มขึ้น เพื่อตอบสนองความต้องการของตลาดที่เติบโตอย่างรวดเร็วครับ”

Nanotech ได้ซื้ออาคาร 50,000 ตารางฟุตและเพิ่งเสร็จสิ้นการปรับปรุงไป โดยอาคารดังกล่าวตั้งอยู่ใน Northpark Corporate Park เมืองชาร์ลอตต์ รัฐนอร์ทแคโรไลนา

ส่วนเทคโนโลยีหลักและฐานพนักงานของ Nanotech นั้นตั้งอยู่ในเมืองสวอนซีย์ รัฐนิวแฮมป์เชียร์ และที่ตั้งนี้ก็ถือได้ว่าเป็นฐานสำหรับผลิตภัณฑ์และบริการขององค์กร แต่เมื่อองค์กรมีการเติบโตอย่างต่อเนื่อง จึงทำให้ Nanotech จำเป็นต้องค้นหาระบบนิเวศเพื่อช่วยส่งเสริมและเร่งการเติบโตนี้ และทางภูมิภาคชาร์ลอตต์ก็อนุญาตให้ Nanotech ได้เข้าถึงมหาวิทยาลัยระดับโลก สนามบินนานาชาติ และเมืองที่มีโครงสร้างพื้นฐานเพื่อรองรับรอยเท้านิเวศโลก

Robert Keynton คณบดีฝ่ายวิศวกรรมของ UNC Charlotte ได้กล่าวเสริมว่า “ข้อดีอย่างหนึ่งของการที่มี Nanotech ช่วยขยายสิ่งอำนวยความสะดวกในชาร์ลอตต์ก็คือการเสริมความแข็งแกร่งให้กับความร่วมมือและความสัมพันธ์ของเรา รวมถึงการได้จ้างงานนักศึกษาของเราด้วยครับ” Keynton กล่าวต่อว่า “แต่ก็ยังช่วยให้พวกเขาได้เข้าถึงการวิจัยที่ทันสมัยที่สาขาของเรากำลังทำอยู่ และรวมความรู้นั้นเข้ากับระบบของพวกเขาด้วยครับ”

Nanotech ยังคงมองเห็นการเติบโตอย่างมีนัยสำคัญ เนื่องจากข้อกำหนดในเรื่องระบบระบบเชิงทัศนศาสตร์ (optical systems) มีความซับซ้อนมากขึ้นเรื่อย ๆ และพัฒนาจากทั้งแอปพลิเคชันจริงและแอปพลิเคชันเสมือน ความรู้และการพัฒนากระบวนการที่จำเป็นในการสนับสนุนการผลิตระบบเหล่านี้ก็เพิ่มขึ้นอย่างมากเช่นกัน

Scott Gerhart รองประธาน Nanotech Sales and Service กล่าวว่า “การฝึกอบรมและการสนับสนุนแอปพลิเคชันเป็นพื้นฐานสำหรับการนำเสนอผลิตภัณฑ์และบริการของเรา และสำหรับตลาดปัจจุบันแล้ว ลูกค้าของเราก็คาดหวังสิ่งต่าง ๆ ดังที่ได้กล่าว” Gerhart กล่าวต่อว่า “ด้วยเหตุนี้ ธุรกิจของเราจึงขึ้นอยู่กับการจ้างผู้มีความสามารถระดับสูงที่มีอยู่ในโลกแห่งเครื่องจักรที่มีความแม่นยำสูงเป็นพิเศษ นักศึกษาที่ผ่านการเรียนรู้จากโครงการ Precision Manufacturing and Metrology Programs ที่ UNC Charlotte ต่างก็ได้รับการเตรียมพร้อมอย่างดีในบทบาทที่เราต้องการเพื่อให้ประสบความสำเร็จที่ Nanotech”

Paul Vermette รองประธานฝ่ายวิศวกรรมกล่าวว่า “ในขณะที่ลูกค้าของเรายังคงพัฒนาความสามารถภายในองค์กรของตนอย่างต่อเนื่องเพื่อตอบสนองความต้องการของผลิตภัณฑ์ที่เป็นที่ต้องการของอุตสาหกรรม Nanotech ก็ยังคงล้ำหน้าไปอีก 1 ถึง 2 ขั้น” Vermette กล่าวต่อว่า “แผนงานผลิตภัณฑ์และเทคโนโลยีระยะเวลา 5 ปีของเราสร้างขึ้นด้วยข้อมูลจากลูกค้า ซึ่งเมื่อรวมกับการลงทุนภายในของเราแล้ว ก็จะทำให้ Nanotech มีทิศทางเชิงกลยุทธ์ที่จำเป็นเพื่อให้บรรลุเป้าหมายเหล่านี้

โรงงาน Nanotech แห่งใหม่นี้ตั้งอยู่ที่ถนนหลวง 6510 Northpark ในชาร์ลอตต์ โดยใช้เวลาเดินทาง สิบห้านาทีจากทั้งตอนบนของเมืองและสนามบินนานาชาติ Charlotte Douglas โรงงานแห่งนี้ได้รับการปรับปรุงใหม่ในปี 2022 เพื่อสร้างคลีนรูม Class 10k (ห้องปฏิบัติการสะอาดที่มีอนุภาคขนาด 0.5 ไมครอนหรือใหญ่กว่าไม่เกิน 10,000 อนุภาคต่ออากาศหนึ่งลูกบาศก์ฟุต) ตั้งอยู่บนแผ่นคอนกรีตแบบตัดแยกขนาด 24 นิ้ว และการควบคุมอุณหภูมิที่ +/- 0.1 องศาเซลเซียส นอกจากนี้ โรงงานยังได้รับการปรับปรุงเพื่อให้มีพื้นที่การผลิตไฮเบย์แบบควบคุมอุณหภูมิ และศูนย์ฝึกอบรมที่ทันสมัยเพื่อรองรับการมีส่วนร่วมของลูกค้า

Moore Nanotechnology Systems (Nanotech) ก่อตั้งขึ้นที่เมืองคีน รัฐนิวแฮมป์เชียร์ในปี 1997 โดยเป็นบริษัทย่อยแบบสแตนด์อโลน (แยกออกมาบริหาร) ของบริษัท Moore Tool ในปี 2010 บริษัทได้ย้ายไปอยู่ที่โรงงานที่ทันสมัยและสร้างขึ้นโดยเฉพาะในเมืองสวานเซย์ รัฐนิวแฮมป์เชียร์ และในปี 2020 ก็ได้เปิดโรงงานในเมืองคองคอร์ด รัฐนอร์ทแคโรไลนา เป็นเวลากว่า 25 ปีที่ Nanotech เป็นผู้นำระดับโลกในการออกแบบ พัฒนา และผลิตเครื่องมือเครื่องจักรที่มีความแม่นยำสูงพิเศษและกระบวนการต่าง ๆ ที่เกี่ยวข้อง (การกลึงด้วยเพชรแบบจุดเดียว การขึ้นรูป) สำหรับการผลิตส่วนประกอบออปติกขั้นสูงในอุปกรณ์อิเล็กทรอนิกส์ให้กับผู้บริโภค อวกาศ การป้องกันประเทศ เครื่องบินและยานอวกาศ แสงสว่าง การแพทย์ และยานยนต์ Moore Tool ก่อตั้งขึ้นในปี 1924 โดยตั้งอยู่ในเมืองบริดจ์พอร์ต รัฐคอนเนตทิคัต มีประวัติอันยาวนานในตลาดของเครื่องมือเครื่องจักร ทั้งชนิดที่มีความแม่นยำสูงและสูงเป็นพิเศษ วันนี้ Moore Tool ได้นำเสนอกลุ่มผลิตภัณฑ์เครื่องเจียรจิ๊ก CNC (CNC jig grinder) ประสิทธิภาพสูง ควบคู่ไปกับบริการการผลิตที่มีความแม่นยำตามสัญญาที่ได้รับการรับรองทั้ง ISO 9001:2015 และ AS9100D Moore Nanotechnology Systems และ Moore Tool ได้รับการควบรวมธุรกิจในแนวดิ่งภายใต้ PMT Group

Moore Nanotechnology Systems: www.nanotechsys.com
Moore Tool, Inc: www.mooretool.com

หากต้องการรายละเอียดเพิ่มเติม กรุณาติดต่อ: sales@nanotechsys.com

Stromasys Legacy Hardware Emulation is Now Available in a New AWS Middle East (UAE) Region

Featured Image for Stromasys

Featured Image for Stromasys

GENEVA, Oct. 04, 2022 (GLOBE NEWSWIRE) — Stromasys, an industry-leading legacy server emulation company, announced today the availability of its Charon server emulation solutions for customers using the Amazon Web Services (AWS) Middle East (UAE) Region, which will support the acceleration of innovation and digital transformation in the United Arab Emirates (UAE). The new AWS Middle East (UAE) Region consists of three Availability Zones (AZs) and becomes AWS’s second region in the Middle East, with the existing AWS Region in Bahrain, which launched in 2019. The new AWS Region gives organizations even greater choice for running their applications and serving end users from data centers located in the UAE, using advanced AWS technologies to drive innovation.

“This expansion into the Middle East provides even more choice for customers,” said Myriam Khan, Head of Sales for Stromasys in Europe, the Middle East, and Africa. “With our proven solution and AWS’s commitment to customers in the UAE, customers will be able to significantly accelerate their cloud migration strategies.”

Stromasys recently achieved AWS Migration and Modernization Independent Software Vendor (ISV) Competency status for AWS Partners. This designation recognizes that Stromasys has demonstrated technical proficiency and proven customer success, automating and accelerating customer application migration and modernization journeys.

“Customers want migration and modernization solutions that remove obstacles and preserve the applications that are critical to their organizations,” said John Prot, CEO of Stromasys, “With Charon in AWS Marketplace, we make it easy for customers to virtualize and preserve their applications in the cloud without changes.”

For organizations struggling with compatibility challenges between mission-critical applications and modern cloud computing, Stromasys provides the most efficient solution to modernize and preserve applications. Charon legacy hardware emulation seamlessly virtualizes the respective legacy host system in the cloud with proven performance to quickly eliminate the time and costs associated with managing hardware or rewriting software. Stromasys makes it possible to lift and shift customers’ mission-critical applications to the cloud and leave customers’ legacy hardware behind.

AWS Regions are composed of Availability Zones that place infrastructure in separate and distinct geographic locations. Availability Zones are located far enough from each other to support customers’ business continuity but near enough to provide low latency for high availability applications that use multiple Availability Zones. Each Availability Zone has independent power, cooling, and physical security and is connected through redundant, ultra-low latency networks. AWS customers focused on high availability can design their applications to run in multiple Availability Zones to achieve even greater fault tolerance. The launch of the AWS Middle East (UAE) Region enables local customers with data residency requirements to store data securely in the UAE but also provides customers with even lower latency across the country.

About Stromasys

Stromasys is the original and leading provider of enterprise-class, cross-platform virtualization solutions for PDP-11, Digital VAX and Alpha, PA-RISC, and SPARC servers. The company extends the lifecycle of business and mission-critical applications through virtualization, modernization, and system enhancement.

Founded in 1998 and headquartered in Geneva, Switzerland, and in Raleigh, North Carolina, with sales offices as well as engineering, development, and research labs located around the world, Stromasys has implemented cross-platform virtualization solutions for the world’s leading companies in over 70 countries.

For more information, visit: https://www.stromasys.com.

Contact Information:
John Gutknecht
Chief Marketing Officer
john.gutknecht@stromasys.com
+1-717-914-7644

Related Images

Image 1

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

Attachment

Shorooq Partners’ Gametech Program Aims to Grow 100 Gametech Startups With the Launch of Its 2nd Cohort

The 300-plus Hour Virtual Program Led by Global Leading Subject Matter Experts Is Designed to Help Gametech Founders Secure Seed Investments

SHFT Build Gametech Program Cohort 2

SHFT Build Gametech Program Cohort 2

ABU DHABI, Arab Emirates, Oct. 04, 2022 (GLOBE NEWSWIRE) — Shorooq Partners, the leading technology investor in the Middle East, North Africa, and Pakistan, is pleased to announce the launch of the second cohort of its Gametech Program, SHFT Build, after the success of the inaugural cohort. The virtual program, set to kick off on Oct. 24, features industry leaders and subject matter experts who will coach founders and game developers on how to build game tech investment-ready startups.

To enrich the comprehensive learning experience, SHFT Build Gametech partners up with 12 new global partners such as Razer, Godot Engine, The Game Fund, and others, along with the program’s leading partners Amazon Web Services, Tamatem Games, Batal Gaming, and Invest Game, to name a few. This cohort is also supported by strategic ecosystem partners such as Sharjah Media City (Shams), TwoFour54, and AD Gaming.

Participants in the 300-plus hour experience receive access to more than 40 global industry experts through one-to-one mentorship and group sessions. In addition, once accepted into the program, participants are provided with more than $250,000 worth of in-kind perks and benefits such as AWS Cloud Credits, subsidized software subscriptions, business setup, publishing, and retail distribution support. They also get to join an exclusive Discord community connecting them to hundreds of like-minded founders from across the globe.

“As value investors, we have always been committed to being founders’ partners and developing ecosystems around industries that we believe will be shaping tomorrow’s economy,” says Mahmoud Adi, Shorooq Partners’ Founding Partner. “SHFT Build enables us to provide support, guidance, and know-how for founders in their earliest stages – accelerating their growth at zero cost and equity free. We are here to support governments and corporations across the world and specifically the UAE, Saudi Arabia, Egypt, Pakistan, and Türkiye to build the Gametech sector and attract successful companies into the region and help them expand,” added Tarek Fouad, Shorooq Partners’ Head of Growth.

Upon completion of the program, founders are shortlisted to pitch at the SHFT Build Gametech Demo Day, which is attended by more than 100,000 viewers online and features global investors looking to connect and partner up with startups in the gaming industry. The inaugural cohort, which took place in April 2022, featured 68 founders from 14 different countries, including Saudi Arabia, United Arab Emirates, Pakistan, Egypt, Canada, United States of America. Founders spent more than eight weeks working with Shorooq Partners SHFT Build team and leading subject matter experts before pitching their offerings to 160 investors, partners across the globe in its sought-for demo day.

SHFT Build Gametech invites founders in game development, game engine creators, publishers, Web3 and blockchain gaming, as well as streaming and esports platforms at idea, MVP, Pre-Seed, and Seed stages to apply to its second cohort.

Visit shft.shorooq.com to apply before the deadline on Oct. 20, 2022.

About Shorooq Partners

Founded in 2017, Shorooq Partners is the leading early-stage venture capital firm investing in the most innovative startups across MENAP. Shorooq Partners has backed market-leading disruptors, including Pure Harvest Smart Farms, Sarwa, NymCard, Lean Technologies, TruKKer, and Retailo. Shorooq Partners is headquartered in Abu Dhabi and has six offices across the MENAP region.

Shorooq Partners refers to a group of companies that are affiliates of each other and which operate under this business name, of which Shorooq Partners Ltd (regulated by the ADGM Financial Services Regulatory Authority FSRA Registration No 190004 ) is a member.

For media inquiries and further information, contact: 

SHFT Build Gametech Program

Email: shft@shorooq.com

Website: shft.shorooq.com

Contact Information:
Tarek Fouad
Head of Growth
tfouad@shorooq.com
971503129989

Related Images

Image 1: SHFT Build Gametech Program Cohort 2

Founders globally in the gaming and esports industry are invite to apply before 20th October 2022

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

Attachment

FOWPAL’s Peace Bell Rings in New York During UNGA77

FOWPAL’s President Dr. Hong, Tao-Tze Honored for Promoting Love and Peace

Dr. Hong, Tao-Tze Honored by NYC Mayor for Promoting the UN Goals

Dr. Hong, Tao-Tze, president of FOWPAL, is honored by New York City Mayor with a citation. From left, Harlem Globetrotter Robert Richard, New York City Sheriff Anthony Miranda, Dr. Hong, and Johnny Ford, president of the World Conference of Mayors. (AP Images)

NEW YORK, Oct. 03, 2022 (GLOBE NEWSWIRE) — During the High-Level Week (Sept.19-23) of the 77th session of the United Nations General Assembly, the delegation of the Federation of World Peace and Love (FOWPAL) organized ceremonies of ringing the Bell of World Peace and Love, FOWPAL Gathering 2022, and the World Leader Summit of Love and Peace in New York, as well as had dialogue with influential leaders, such as a member of Qatar’s Royal Family, the spouse of the prime minister of Malta, the first lady of Zambia, and others.

On September 20, FOWPAL hosted a bell ringing ceremony, where Eritrea’s Ambassador to the UN Sophia Tesfamariam Yohannes rang the bell and made a wish for peace. On September 21, the International Day of Peace, FOWPAL held bell ringing ceremonies in Times Square, where Paul Sladkus, founder and president of the Good News Corporation, rang the bell and prayed for the world and Dr. Hong, Tao-Tze, president of FOWPAL, rang the bell nine times and made three wishes: The first was for everyone to follow their conscience and do good deeds. The second was for all living creatures to live in safety and peace, and the third was for global peace and sustainability.

On the morning of September 23, Dr. Hong, Tao-Tze and Leonel Fernández, former President of the Dominican Republic, had a joyful reunion, where Dr. Hong presented President Fernández with FOWPAL’s Lifetime Achievement Award for his promotion of world peace. President Fernández attended FOWPAL’s world leader summit and rang the Bell of World Peace and Love in 2005, and he carried out the wish he made when ringing the bell by successfully defusing a potential war among Ecuador, Venezuela, and Colombia in 2008, saving millions from the scourge of war.

On the afternoon and evening of September 23, FOWPAL, Permanent Mission of Kiribati to the UN, International Federation for Peace and Sustainable Development, African Women Working Group at the UN, Marmara Group Foundation, Foundation for a Drug-Free World Americas Chapter, and COJEP International co-organized the World Leader Summit of Love and Peace and the ceremony of ringing the Bell of World Peace and Love, where President of Kiribati Taneti Maamau delivered a speech, and 13 leaders in various fields rang the Bell and made wishes for peace. Over 100 people from 27 nations attended the event.

Dr. Hong, Tao-Tze, president of FOWPAL, delivered welcome remarks, emphasizing that only by taking concrete actions of conscience to support reconstruction and recovery can humanity prevent or mitigate future crises and benefit the earth and all humanity. He stated, “Conscience is the foundation of human beings and the cornerstone of global stability and sustainability. Conscience guides us to tell true from false, right from wrong, and good from bad, as well as helps us establish priorities. Persistence brings strength. We need to strive for a better tomorrow. That is the way forward and will lead to a hopeful future.”

President of Kiribati Taneti Maamau and Amb. Teburoro Tito, former president of Kiribati and current permanent representative of Kiribati to the UN, both attended the Summit. Ambassador Tito expressed his gratitude to FOWPAL for working closely with his Mission to the UN over the years and introduced his president.

President Maamau rang the Bell of World Peace and Love in 2016 and delivered a keynote speech at FOWPAL’s World Leader Summit of Love and Peace in 2017. Kiribati also worked with FOWPAL and various Permanent Missions to the UN on a draft resolution titled “Promoting the Culture of Peace with Love and Conscience,” making the UN’s designation of April 5 as the International Day of Conscience possible. In recognition of President Maamau’s promotion of world peace, Dr. Hong presented FOWPAL’s Lifetime Achievement Award to him at the 2022 Summit.

President Maamau delivered a keynote speech at the summit, emphasizing, “While we are proud to learn that the promotion of International Day of Conscience is sustaining momentum around the world, let us also ponder on how can we create and inspire a sustainable world built on conscience. It is imperative to ask this question: How are we willing to apply our conscience to promote a culture of peace and global prosperity?”

Thirteen leaders rang the Bell of World Peace and Love, including Fatima Maada Bio, First Lady of Sierra Leone; Victoria Irabor, president of Defense and Police Officers Wives Association, Nigeria; Dr. Ada Okika, UN Coordinator of African Women Working Group at the UN; Dr. Monica Sanchez, culture ambassador and founder of Miss Caricom International Foundation; Ambassador Dr. Denis Atchade Assongba, president of the Beninese Alliance of New York, New Jersey, and Connecticut; Ralph Kader, head of Information Technology at United Nations; Dr. Agorom C. Dike, president and founder of the Caribbean and African Faith-Based Leadership Conference; Johnny Ford, founder and president of the World Conference of Mayors and Historic Black Towns and Settlements Alliance; Anthony Miranda, New York City Sheriff; Dr. Binod Verma, former president of New York State Academy of General Dentistry; Dr. Charles Olawole, president of the Pan African Unity Summit Group; Harlem Globetrotter Robert Richard, founder and executive director of Empowerment; and John L. German, main representative to the United Nations, Centre for International Peacebuilding.

Fatima Maada Bio, First Lady of Sierra Leone, wished for a more just and united world where everyone lives in peace. New York City Sheriff Anthony Miranda wished for safety, good health, and peace for everyone. Dr. Monica Sanchez stated, “I hope that all people can learn to respect and love each other so we can create a peaceful world.” Johnny Ford said, “To let peace and love ring around the world so that we will have no more war. . . . A world of peace and love forever.” Ralph Kader stated, “I wish peace will prevail over the world with peace and love.”

To date, 445 influential leaders from 128 countries, including 49 heads of state and government, seven Nobel Peace Prize laureates, UN ambassadors, and other visionaries, have rung the bell and made their wishes for peace. Through the solemn and sacred bell ringing ceremonies, the bell ringers spread their sincere wishes for peace. The consolidated positive energy has served as a powerful driving force for the collective actions of bell ringers and global citizens to foster world peace.

In the capacity of the president of the World Conference of Mayors, Johnny Ford proclaimed the evening of September 23, 2022 as Dr. Hong, Tao-Tze Night. On behalf of the mayor of New York, Johnny Ford and Harlem Globetrotter Robert Richard jointly presented a citation from New York City Mayor Eric Adams to honor Dr. Hong for promoting the UN goals.

The citation states, “Today’s summit serves as a reminder for us all to work towards a better tomorrow, and it also provides an opportunity to commend FOWPAL’s president, Dr. Tao-Tze Hong for his commitment to uphold the values of peace and love shared by people in the five boroughs and far beyond. I look forward to the many years Dr. Hong and every gathered will continue to foster positive change as we unite to #GetStuffDone and rebuild, renew, and reinvent our global city. Now therefore, I, Eric Adams, Mayor of the City of New York, on Friday, September 23rd, 2022, do hereby confer this citation on: Dr. Tao-Tze Hong.”

At the summit, the Foundation for a Drug-Free World Americas Chapter and COJEP International presented the Global Humanitarian Leadership Award to Dr. Hong in recognition of his advocacy of love and peace around the world. The night before, Dr. Bernard Fialkoff, president of the Foundation for a Drug Free World, The Americas Chapter, and Hugues Sanon, UN representative of COJEP International, on behalf of their organizations, jointly presented to Dr. Hong “The Key of Love, Peace, and Conscience” and the Global Humanitarian Leadership Award, the highest honor granted by the two organizations.

Many prominent figures delivered speeches at the summit, including Jonathan Granoff, president of Global Security Institute; Sally Kader, president of the International Federation for Peace and Sustainable Development; Dr. Ada Okika, UN coordinator of African Women Working Group at the UN; Sezgin Bilgiç, vice president of the Marmara Group Foundation; Oğuzhan Ceylan, executive board member of the Marmara Group Foundation; Fatima Maada Bio, First Lady of Sierra Leone; Victoria Irabor, president of Defense and Police Officers Wives Association, Nigeria; Ambassador Dr. Denis Atchade Assongba, president of the Beninese Alliance of New York, New Jersey, and Connecticut; Dr. Bernard Fialkoff, president of the Foundation for a Drug-Free World, The Americas Chapter; Ali Gedikoglu, president of COJEP International; Hugues Sanon, UN representative of COJEP International; Dr. Agorom C. Dike, president and founder of the Caribbean and African Faith-Based Leadership Conference; Johnny Ford, founder and president of the World Conference of Mayors and Historic Black Towns and Settlements Alliance; Dr. Binod Verma, former president of New York State Academy of General Dentistry; Harlem Globetrotter Robert Richard, founder and executive director of Empowerment; and Licypriya Kangujam, a child environmental activist from India.

The summit also featured a multicultural feast, including a fashion show, recital performance, and more. FOWPAL members presented martial arts performances, dances and singing to convey their kind wishes for everyone. Through an elegant Celestial Peacock Dance, FOWPAL encouraged people to spread positivity and make the world a better place as according to legend, the celestial peacock digests poisons and exhales fragrance. Its elegant Royal Fan Dance, which culminates with a heart-shaped formation, symbolizes that the heart is the root of everything and that conscience is the key to solidarity and transformation for sustainability. Its demonstration of martial arts embodied the purpose of martial arts, which is to prevent war and advance morality. FOWPAL also presented several songs, including “A Prayer for Peace” and “We Can Change the World” to pray for the world.

FOWPAL encourages everyone to endorse meaningful declarations, taking action to support love, peace, and conscience. To date, the Declarations for Human Rights of World Citizens and Peace have been endorsed by over 3.7 million people in 200 nations, and the Declaration for the Movement of An Era of Conscience and the Declaration of International Day of Conscience have been endorsed by over 340,000 people in 200 nations. FOWPAL hopes that everyone will act with conscience so that the world will be peaceful, and that everyone will be joyful so that every family will be happy.

About the Federation of World Peace and Love (FOWPAL): Established in 2000 in the United States by Dr. Hong, Tao-Tze, FOWPAL is an international love and peace organization, with members from around the world. Over the past two decades, FOWPAL has promoted conscience, love, and peace globally. It had worked with various Permanent Missions to the UN through conferences, bell ringing ceremonies, and declaration signing, and was instrumental in the UN’s adoption of the International Day of Conscience in July 2019. It has held nearly 70 webinars in the past two years, fostering conscience-based sustainability.

Media Contact:
Lily Chen
Representative
info@fowpal.org
626-202-5268
www.fowpal.org

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/37121c93-957a-46e8-9ff0-d8f27c95da01

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

Promotion

​The Public Service Department, Prime Minister’s Office announced that His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam has consented for Yang Mulia Dayang Hajah Masliana Yuliah binti Abdullah @ Liew Nyok Len, Senior Special Duties Officer at the Department of Agriculture and Agrifood to be promoted as Director of Agriculture and Agrifood at the Department of Agriculture and Agrifood, Ministry of Primary Resources and Tourism starting the 12th of September, 2022.

 

Source: Radio Television Brunei

 

Anniversary of Name Change to Bandar Seri Begawan

​In conjunction with the 52nd Anniversary of the name change for Brunei Darussalam’s capital from Bandar Brunei to Bandar Seri Begawan, a Reading of Surah Yaasin, Ratib Al- Attas, Selawat Tafrijah and Doa Kesyukuran Ceremony was held yesterday afternoon.

 

The ceremony was held to commemorate the deeds of Al-Marhum Sultan Haji Sir Muda Omar ‘Ali Saifuddien Sa’adul Khairi Waddien in developing and modernizing Brunei Darussalam. The ceremony took place at the Omar ‘Ali Saifuddien Mosque in the capital.

 

 

Source: Radio Television Brunei

 

Dikir Maulidur Rasul Held by the Delegation from the Ministry Of Home Affairs

 

The delegation from the Ministry of Home Affairs held a dikir maulud ceremony at Al-Mashor Mosque in Kampung Sungai Mau, Belait District, yesterday afternoon.

 

The delegation was led by Awang Haji Ahmad Nizam bin Dato Paduka Haji Ismail, Deputy Permanent Secretary for Law, International and Research at the Ministry of Home Affairs. The ceremony aimed to glorify the mosque and foster closer relations among the mosque congregants and residents of the village and surrounding areas.

 

 

Source: Radio Television Brunei

 

Reception in Conjunction with ‘Day Of German Unity’

​Brunei Darussalam and the Federal Republic of Germany enjoy excellent relations over the past few decades. Both countries share similar views on the value of multilateralism and on the importance of free trade. This was explained by the Ambassador Extraordinary and Plenipotentiary of the Federal Republic of Germany to the country during a reception in conjunction with the ‘Day of German Unity’.

 

Representing His Majesty’s government at the reception was Yang Berhormat Dato Seri Setia Doctor Awang Haji Abdul Manaf bin Haji Metussin, Minister of Primary Resources and Tourism. Her Excellency Gerda Winkler in her speech also said  that one of the major projects is the fertiliser production facility which is one of the largest fertiliser plants in Southeast Asia and at the same time support the country’s economic diversification efforts. The reception took place last night in Gadong.

 

Source: Radio Television Brunei