ACN Newswire: latest releases

News releases provided by ACN Newswire - Asia Corporate News Network ACN Newswire - Asia Corporate News Network.

WARC Awards 2020 - Effective Use of Brand Purpose winners announced

Thursday, June 4, 2020 - 8:00am

View on www.warc.com/WarcAwards.prize?tab=purpose the winning case studies in the Effective Use of Brand Purpose category alongside the winners of the Effective Innovation category.

Key Points: 
  • View on www.warc.com/WarcAwards.prize?tab=purpose the winning case studies in the Effective Use of Brand Purpose category alongside the winners of the Effective Innovation category.
  • The winners of the remaining categories - Effective Content Strategy and Effective Social Strategy - will be announced shortly.
  • The Grands Prix and Special Awards winners across the four categories of the WARC Awards share a $40,000 prize fund.
  • WARC provides the latest evidence, expertise and guidance to make marketers more effective.

Transforming the SMART GRID with Fibocom 5G Modules

Wednesday, June 3, 2020 - 12:00pm

Both the Fibocom 5G modules FM150(W) and FG150(W) support 5G standalone (SA) and Non-Standalone (NSA) network architectures, provide an integrated multi-network compatibility with 5G Sub 6 and millimeter-wave bands and work both with LTE and WCDMA standards.

Key Points: 
  • Both the Fibocom 5G modules FM150(W) and FG150(W) support 5G standalone (SA) and Non-Standalone (NSA) network architectures, provide an integrated multi-network compatibility with 5G Sub 6 and millimeter-wave bands and work both with LTE and WCDMA standards.
  • The applications of Fibocom's 5G smart modules bring efficient cost-effective advantages to a vast number of industries.
  • In this paper, we will look at the application of these 5G modules in the utility industry, specifically in smart grids.
  • Fibocom's FM150(W) and FG150(W) 5G modules will enable the next leap in smart grids, reducing labor, costs, fossil fuel usage, and saving time.

MB Bank turns to Software AG to revolutionise the banking experience

Wednesday, June 3, 2020 - 8:00am

Additionally, the lengthy loan approval process translated to a high possibility of the bank losing potential customers to faster, more agile competitors.

Key Points: 
  • Additionally, the lengthy loan approval process translated to a high possibility of the bank losing potential customers to faster, more agile competitors.
  • MB Bank eventually invested in webMethods, Software AG's powerful application integration suite, upon realising that its future depended on a stable, secure, multi-channel integration platform.
  • "We hope to continue empowering financial services institutions such as MB Bank as they focus on optimising processes and bolstering speed in the new era of banking."
  • MB Bank will continue to leverage Software AG's solutions as it continues to scale up, enhancing its end-to-end process management, and integrating data silos across the organisation.

Keep Your Enterprise Moving Forward by Backing Up Right

Wednesday, June 3, 2020 - 4:48am

Yet, diligently backing up organizational data can be complicated, time-consuming, and expensive.

Key Points: 
  • Yet, diligently backing up organizational data can be complicated, time-consuming, and expensive.
  • Many organizations only attempt to regularly back up the minimum assets, such as a few critical servers and workstations.
  • Offered by an outside service provider, Backup-as-a-Service, or BaaS, addresses the complexity and overhead of traditional enterprise backup methods.
  • To make sure your company stays competitive and maintains its forward momentum, protect its achievements by backing up with the right BaaS.

Nili Method and APP helping Couples Choose Baby Gender Naturally

Wednesday, June 3, 2020 - 2:30am

Determining the gender of your baby is possible, and now, with the Nili method and new App, it is more accessible than ever.

Key Points: 
  • Determining the gender of your baby is possible, and now, with the Nili method and new App, it is more accessible than ever.
  • Nili is a method that personalizes a unique day by day program for couples who want to conceive the gender they are wishing for.
  • The personal Nili Family Planner is based on physical parameters and lifestyle, and will provide couples with daily instruction on how to conceive their desired baby boy or baby girl.
  • Couples that use the Nili Family Planner and do not conceive their desired gender will receive their money back, without any questions.

Sapphire to Strategically Divest 43.87% Equity Stake of Subsidiary Ranken Railway for Cash Consideration of RMB 280 Million

Tuesday, June 2, 2020 - 9:00am

SINGAPORE, June 2, 2020 - (ACN Newswire) - With Ranken Railway's (excluding the carved-out assets) transaction valuation of approximately RMB 638.2 million, Shandong Hi-Speed will purchase a 43.87% equity stake from Sapphire for RMB 280 million and subscribe for more shares in Ranken Railway, amounting to approximately 10.6% of the enlarged equity capital post-proposed transactions, for approximately RMB 75.7 million.

Key Points: 
  • SINGAPORE, June 2, 2020 - (ACN Newswire) - With Ranken Railway's (excluding the carved-out assets) transaction valuation of approximately RMB 638.2 million, Shandong Hi-Speed will purchase a 43.87% equity stake from Sapphire for RMB 280 million and subscribe for more shares in Ranken Railway, amounting to approximately 10.6% of the enlarged equity capital post-proposed transactions, for approximately RMB 75.7 million.
  • Upon the completion of the proposed transactions, Sapphire will retain 48.82% effective interest of Ranken Railway.
  • As at 31 December 2019, Shandong Listco's market capitalisation is approximately RMB 5.24 billion, with an order book of approximately RMB 22.1 billion.
  • "And by retaining a meaningful stake in Ranken Railway, we have the opportunity to participate in the future growth of Ranken Railway as an indirect and partial state-owned- enterprise in the PRC.

Blockchain Holdings Ltd. subsidiary TraceSafe and Toronto Wolfpack Sign Contract for Wearable Technology to Safely Reopen Lamport Stadium

Monday, June 1, 2020 - 4:00pm

TraceSafe's iMSafe wristbands help ensure that each person is protected by having the smart wireless wristbands always on the person.

Key Points: 
  • TraceSafe's iMSafe wristbands help ensure that each person is protected by having the smart wireless wristbands always on the person.
  • The wristbands effectively act as two-way radios that enable public health directives such as contact-tracing and social-distancing to be applied at large scale events such as at Lamport Stadium.
  • "We are delighted to partner with Toronto Wolfpack to work on safely reopening Lamport Stadium and bringing back rugby to Toronto.
  • In addition to their government work, TraceSafe is developing leading edge solutions for Enterprise, Healthcare, and large-scale venue management.

Impact Biomedical and GRDG Sciences Announce Medical Technology Package Valued at USD 1.39 Billion (SGD 1.97 Billion) by Independent Experts

Monday, June 1, 2020 - 5:00am

The Suite is mainly co-owned by Impact Biomedical and its scientific research partner, Global Research and Discovery Group Sciences ("GRDG Sciences").

Key Points: 
  • The Suite is mainly co-owned by Impact Biomedical and its scientific research partner, Global Research and Discovery Group Sciences ("GRDG Sciences").
  • Impact Biomedical's ownership in the Suite equates to a value of approximately USD 933 Million (SGD 1.32 Billion).
  • Impact Biomedical previously announced on 23 April 2020 that the Suite was valued at USD 592 million (SGD 841 million) by Destum Partners.
  • Impact Biomedical accomplished this research and development in strategic partnership with GRDG Sciences led by Mr. Chan Heng Fai, Chairman.

Greenbriar to Seek Uplift to the Nasdaq Global Market

Monday, June 1, 2020 - 4:00am

Newport Beach, California, June 1, 2020 - (ACN Newswire) - Greenbriar Capital Corp. (TSXV: GRB) (OTC: GEBRF) ("Greenbriar") is pleased to announce that Greenbriar is seeking to obtain a full listing on the world class NASDAQ Global Market Select.

Key Points: 
  • Newport Beach, California, June 1, 2020 - (ACN Newswire) - Greenbriar Capital Corp. (TSXV: GRB) (OTC: GEBRF) ("Greenbriar") is pleased to announce that Greenbriar is seeking to obtain a full listing on the world class NASDAQ Global Market Select.
  • Greenbriar is currently conducting internal non-deal road shows via conference calls with our own 53,000 investors and followers.
  • Greenbriar is moving ahead to construct the sophisticated 160MWdc/80MWac Montalva solar project in Puerto Rico, which will become the largest solar facility in the Caribbean once completed.
  • Greenbriar is very confident the project will expand to 320MWdc/160MWac in the very near future.

Superfanz Launched in Vietnam with Top Actors and Live On

Thursday, May 28, 2020 - 1:00am

HO CHI MINH CITY, VIETNAM, May 28, 2020 - (ACN Newswire) - After the recent soft launch in Thailand and Taiwan, Superfanz is expanding its footprint to Vietnam in partnership with the upcoming big-budget film Thoat E (True Love) by Live On.

Key Points: 
  • HO CHI MINH CITY, VIETNAM, May 28, 2020 - (ACN Newswire) - After the recent soft launch in Thailand and Taiwan, Superfanz is expanding its footprint to Vietnam in partnership with the upcoming big-budget film Thoat E (True Love) by Live On.
  • Live On is partnering with Superfanz in order to further push the envelop on what's possible with technology for its movie.
  • Live On is using the Superfanz platform to create the fanpage for the film, offering exclusive VIP membership packages for fan clubs of actors and actresses.
  • Live On is one of Vietnam's top movie studios with headquarters in Ho Chi Minh City, Vietnam.

Mainetti to launch M-care PPE Range

Tuesday, May 26, 2020 - 10:00pm

HONG KONG, May 27, 2020 - (ACN Newswire) - Mainetti Group is pleased to announce a new range of personal protective equipment (PPE), "M-care", available to customers in support of mitigating the risks of COVID-19.

Key Points: 
  • HONG KONG, May 27, 2020 - (ACN Newswire) - Mainetti Group is pleased to announce a new range of personal protective equipment (PPE), "M-care", available to customers in support of mitigating the risks of COVID-19.
  • The M-care suite of PPE products also includes anti-bacteria mask folders, protective gloves, safety goggles, gowns and hand sanitizers.
  • Reusable masks and hi-tech smart devices such as portable air purifiers will be added to the range later this year.
  • Paul Tai, Global Head of M-care and Regional Director of Mainetti said, "As global businesses re-commence operations, having readily-available and high-quality PPE will be essential for staving off the return of COVID-19.

Novotech and Endpoints to present APAC Clinical Trial webinar series

Tuesday, May 26, 2020 - 11:00am

SYDNEY, May 26, 2020 - (ACN Newswire) - Leading Asia-Pacific biotech specialist CRO Novotech will collaborate with Endpoints, the independent biotech news platform, for a series of webinars on the advantages of conducting clinical trials in the Asia-Pacific.

Key Points: 
  • SYDNEY, May 26, 2020 - (ACN Newswire) - Leading Asia-Pacific biotech specialist CRO Novotech will collaborate with Endpoints, the independent biotech news platform, for a series of webinars on the advantages of conducting clinical trials in the Asia-Pacific.
  • "Clinical Trial Continuity in Asia-Pacific during the COVID-19 Pandemic" will be broadcast on 8 June, 2020, to open the series.
  • The APAC region is highly attractive for biotechs running clinical studies, with a streamlined regulatory environment and advanced medical infrastructure.
  • Novotech has partnered with leading institutions throughout APAC giving clients unique access to top researchers, investigators and key opinion leaders.

Kingsoft Announces 2020 First Quarter Results

Tuesday, May 26, 2020 - 10:05am

HONG KONG, May 26, 2020 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the three months ended 31 March 2020 ("period under review").

Key Points: 
  • HONG KONG, May 26, 2020 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the three months ended 31 March 2020 ("period under review").
  • Mr. Jun LEI, Chairman of Kingsoft, commented, "Our first-quarter results represent a strong start to the year.
  • Revenue from the office software and services and others for the first quarter of 2020 increased 36% year-on-year to RMB390.6 million.
  • Revenue from the online games business for the first quarter of 2020 reached to RMB780.7 million, represented a 30% growth year-on-year.

Blockpass debuts branded WebID version of its award winning digital identity protocol

Tuesday, May 26, 2020 - 12:00am

The Blockpass KYC Connect console now enables businesses to easily integrate a WebID button that will trigger an intuitive, web-based and merchant branded identity verification and onboarding process for end-users selecting their services.

Key Points: 
  • The Blockpass KYC Connect console now enables businesses to easily integrate a WebID button that will trigger an intuitive, web-based and merchant branded identity verification and onboarding process for end-users selecting their services.
  • The WebID service provides a guided onboarding process with full web experience and branding, including an auto-generated branded merchant page with logo, service description and requirements.
  • This process seamlessly accommodates onboarding of existing Blockpass users via their reusable identity profile as well as new users to Blockpass.
  • "Blockpass is the ideal identity protocol for an increasingly remote world and regulated transaction environment, where there is a strong need to establish trust via reusable and verifiable digital identity."

ZALL Group Donates 1 Million Surgical Masks to Singapore Red Cross (SRC) in Support of Singapore's Fight against COVID-19

Saturday, May 23, 2020 - 1:00am

SINGAPORE, May 23, 2020 - (ACN Newswire) - China-based ZALL Group (ZALL) has donated one million surgical masks to the Singapore Red Cross (SRC).

Key Points: 
  • SINGAPORE, May 23, 2020 - (ACN Newswire) - China-based ZALL Group (ZALL) has donated one million surgical masks to the Singapore Red Cross (SRC).
  • Group photo of ZALL, Singapore Red Cross, Singapore Airlines.
  • From left: Ms Charis Chan, Associate Director of Singapore Red Cross; Mr Lee Wei Hsien, Director of ZALL Group; Mr Peter Yu, CEO of ZALL Group International; Mr. Benjamin J William, Secretary-General from Singapore Red Cross; Mr Mohamed Rafi Mar, Vice President of Singapore Airlines Cargo; Ms Iris Chong, Director of Singapore Red Cross (Photo credit: ZALL Group)
    ZALL Group donates one million masks to Singapore (handover).
  • From left: Mr Peter Yu, CEO of ZALL Group International, and Mr. Benjamin J William, Secretary-General from Singapore Red Cross (Photo credit: ZALL Group)
    Surgical masks being loaded onto the Singapore Airlines flight at the Shanghai Pudong International Airport (Photo credit: Singapore Airlines)
    "The Singapore Red Cross is grateful to the ZALL Group for its donation of one million surgical masks in support of the vulnerable groups in Singapore.

Breach Report: staying alert in the face of cyber dark ages

Friday, May 22, 2020 - 12:00pm

Their growth will overshadow the damage from natural disasters, while profitability will outdo the global trade of all illegal drugs combined.

Key Points: 
  • Their growth will overshadow the damage from natural disasters, while profitability will outdo the global trade of all illegal drugs combined.
  • Wannabe hackers run ready-made malware without understanding the mechanics behind it and leak breached records "for fun" and peer recognition.
  • End users get extra value from the monitoring and protection of their accounts against the daily privacy threats occurring on the dark web.
  • Overall, Breach Report offers great tools for businesses to boost user security, increase brand loyalty, scale operations, and generate profit.

Join the 3rd Annual POWER WEEK AFRICA in Johannesburg, South Africa

Friday, May 22, 2020 - 8:38am

JOHANNESBURG, SOUTH AFRICA, May 22, 2020 - (ACN Newswire) - Are you ready for the new challenges & opportunities as power markets around the world evolve?

Key Points: 
  • JOHANNESBURG, SOUTH AFRICA, May 22, 2020 - (ACN Newswire) - Are you ready for the new challenges & opportunities as power markets around the world evolve?
  • Specially designed for the African electric power & energy industry, POWER WEEK AFRICA (14-18 September 2020 in Johannesburg, South Africa) is the 3rd annual international conference & summit delivering a unique experience for each day of the event.
  • Seize this opportunity to stay ahead of your competitors in an industry that is ever-changing -- POWER WEEK AFRICA is definitely for you!
  • For more information, please log onto:
    The organiser of POWER WEEK Conferences.

Komatsu America Corp. Motion Appealed to United States 9th Circuit Court of Appeals

Friday, May 22, 2020 - 8:00am

However, the judge granted summary judgment to the Komatsu defendants.

Key Points: 
  • However, the judge granted summary judgment to the Komatsu defendants.
  • After entry of the summary judgment order, ETON filed a notice this week to the United States Ninth Circuit Court of Appeals to appeal the dismissal of the Komatsu defendants.
  • ETON is a Las Vegas-based premier transportation company serving the Western United States with equipment, professional drivers and superior on-time service.
  • Komatsu America Corp. is a U.S. subsidiary of Komatsu Ltd., the world's second largest manufacturer and supplier of earth-moving equipment, consisting of construction, mining and compact construction equipment.

Construction Expert Breezecoin (BRZE) Expands Further, Listed on CoinTiger Crypto Exchange

Friday, May 22, 2020 - 3:38am

- The spot trading of Breezecoin against BTC will be open at 08:00 on May 22, 2020 (UTC).

Key Points: 
  • - The spot trading of Breezecoin against BTC will be open at 08:00 on May 22, 2020 (UTC).
  • This is the second listing of Breezecoin following its recent one on Bithumb Global in late April.
  • Customers can pay for services, food and beverages, and even buy a property with Breezecoin in Breeze de Mar locations.
  • In addition to being a prominent exchange platform, CoinTiger also provides financial services, consulting, and funding to support the growth of promising blockchain projects.

Suprema announces Suprema Europe SARL to reinforce regional presence

Friday, May 22, 2020 - 2:00am

SEOUL, KOREA, May 22, 2020 - (ACN Newswire) - Suprema, a global leader in access control and biometrics for physical security, officially announces the formation of Suprema Europe SARL, which has been established to provide partners and customers in the region with better localized support.

Key Points: 
  • SEOUL, KOREA, May 22, 2020 - (ACN Newswire) - Suprema, a global leader in access control and biometrics for physical security, officially announces the formation of Suprema Europe SARL, which has been established to provide partners and customers in the region with better localized support.
  • Formerly Suprema France SARL, Suprema Europe SARL will provide direct supply products and services to European partners.
  • Suprema Europe has been granted an additional capital and will maintain products in stock and a technical support hotline in Europe.
  • Suprema has No.1 market share in biometrics access control in EMEA region and has worldwide sales network in over 130 countries.

Singapore Vet 2020 to be Postponed

Thursday, May 21, 2020 - 2:10am

SINGAPORE, May 21, 2020 - (ACN Newswire) - To ensure a safe and smooth exhibition experience amid the latest developments of the coronavirus (COVID-19) situation, the organiser of Singapore Vet - Closerstill Media has postponed the event, originally scheduled on 23-24 October to next year, 2021.

Key Points: 
  • SINGAPORE, May 21, 2020 - (ACN Newswire) - To ensure a safe and smooth exhibition experience amid the latest developments of the coronavirus (COVID-19) situation, the organiser of Singapore Vet - Closerstill Media has postponed the event, originally scheduled on 23-24 October to next year, 2021.
  • Singapore Vet will closely monitor the coronavirus situation in collaboration with the government, health authorities and Suntec Singapore, to ensure a high level of hygiene and safety at the world-class fair ground in October 2021.
  • The team will be in touch with all confirmed exhibitors, speakers and partners to discuss their participation at the postponed events.
  • After successful shows in Europe and the US, CloserStill Media has expanded into Singapore - one of the fastest growing animal health markets in the world.

Wintermar Offshore (WINS:JK) back to black in 1Q2020

Wednesday, May 20, 2020 - 11:00am

Chartering Revenue for 1Q2020 was 22% lower than a year ago at US$2.3 million.

Key Points: 
  • Chartering Revenue for 1Q2020 was 22% lower than a year ago at US$2.3 million.
  • The Management's continued drive for efficiency has produced results, as indirect expenses fell by 12% YOY to US$1.5 million for 1Q2020.
  • Wintermar had already experienced a turnaround in 1Q2020 and expectations were for a continued improvement in profitability for 2020.
  • Ms. Pek Swan Layanto, CFA Investor Relations PT Wintermar Offshore Marine Tbk Tel: +62-21 530 5201 Ext 401 Email: investor_relations@wintermar.com
    Copyright 2020 ACN Newswire .

Agilex Biolabs Presents the Australian Advantage, including the World's Largest Rebate on Clinical Trial Spend, at BIO Korea 2020

Wednesday, May 20, 2020 - 8:00am

SEOUL, KOREA, May 20, 2020 - (ACN Newswire) - Agilex Biolabs, Australia's largest specialist bioanalytical laboratory for biotech clinical trials, is presenting the Australian Advantage including the world's most attractive rebate on clinical trials costs, at BIO Korea 2020.

Key Points: 
  • SEOUL, KOREA, May 20, 2020 - (ACN Newswire) - Agilex Biolabs, Australia's largest specialist bioanalytical laboratory for biotech clinical trials, is presenting the Australian Advantage including the world's most attractive rebate on clinical trials costs, at BIO Korea 2020.
  • He said more than 38% of Agilex Biolabs' biotech clients already come from the APAC region - primarily from China and South Korea.
  • "APAC clients are particularly attracted by Agilex Biolabs' FDA-inspected status, and the more than 40% rebate on clinical trial spend that applies in Australia," he said.
  • Recently, Agilex Biolabs has added a comprehensive cannabinoid assay to its suite of validated assays to support clinical trials.

OmniSci Records Best Quarter in Company History

Wednesday, May 20, 2020 - 8:00am

Following the company's expansion into Europe last year, in April, OmniSci expanded into Asia to meet growing global demand for its analytics capabilities.

Key Points: 
  • Following the company's expansion into Europe last year, in April, OmniSci expanded into Asia to meet growing global demand for its analytics capabilities.
  • The company's revenue growth was fueled by major wins with new and expansion customers, including Procter & Gamble, HERE Technologies and the utility company Avangrid.
  • In OmniSci's first quarter, the company also engaged in the public fight against COVID-19, providing their platform to research teams across the country through the OmniSci for Good program.
  • OmniSci is funded by GV, In-Q-Tel, New Enterprise Associates (NEA), NVIDIA, Tiger Global Management, Vanedge Capital and Verizon Ventures.

COVID-19 Crisis: Aetna Expands NIPT Coverage for Young Pregnant Women

Monday, May 18, 2020 - 7:00pm

While Aetna has taken an encouraging step towards safeguarding maternal health during the COVID-19 pandemic, Stand Up!

Key Points: 
  • While Aetna has taken an encouraging step towards safeguarding maternal health during the COVID-19 pandemic, Stand Up!
  • women under the age of 35, big players like Aetna and UnitedHealthcare (UHC) still restrict coverage to include only traditional serum screening and other similar tests for young pregnant women.
  • By limiting NIPT access to women over the age of 35, these insurers in-effect put young women at high risk of false positives and false negatives.
  • 4APA, a non-profit organization, has raised awareness against the age-related discrimination amongst pregnant women that deprives access to the advanced and accurate NIPTs for young moms-to-be.

NIU Technologies Announces Q1 2020 Financial Results: Expansion is Undeterred under Global Pandemic, Expects Growth and Profit in Q2 2020

Monday, May 18, 2020 - 8:51am

BEIJING, China, May 18, 2020 - (ACN Newswire) - NIU Technologies ("NIU", or "the Company") (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today announced its financial results for Q1 2020.

Key Points: 
  • BEIJING, China, May 18, 2020 - (ACN Newswire) - NIU Technologies ("NIU", or "the Company") (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today announced its financial results for Q1 2020.
  • For Q1 2020, the revenue is RMB 232.9 million, which decreased by 34.4% YoY due to lower sales volume.
  • On the other hand, the number of e-scooters sold in international markets reached 5,844 units, increased by 5.9% YoY.
  • Q1 2020 R&D expenses were RMB 22.7 million (including RMB 2 million of share-based compensation), which increased by 58.6% compared to Q1 2019.

Onchain Custodian Announces Collaboration With Cyberbank

Sunday, May 17, 2020 - 9:00pm

SINGAPORE, May 18, 2020 - (ACN Newswire) - Renown digital asset custody provider Onchain Custodian today announced a strategic collaboration with CyberBank.

Key Points: 
  • SINGAPORE, May 18, 2020 - (ACN Newswire) - Renown digital asset custody provider Onchain Custodian today announced a strategic collaboration with CyberBank.
  • Through its collaboration with Onchain Custodian, CyberBank completes its business offerings, by tapping on Onchain Custodian's expertise in custody of digital assets.
  • CyberBank will adopt Onchain Custodian's secure and insured custody solution to upgrade the security level in its entire business ecosystem.
  • CyberBank and Onchain Custodian are both experienced in the industry and have strong resources.