Neology

BeautyFarm Med, the largest provider of traditional beauty services in China Successfully Listed on the Main Board of SEHK

Retrieved on: 
Tuesday, January 17, 2023

The stock price of BeautyFarm Med reached HK$30.5 at its debut today, representing an increase of 57.9% over the offer price.

Key Points: 
  • The stock price of BeautyFarm Med reached HK$30.5 at its debut today, representing an increase of 57.9% over the offer price.
  • BeautyFarm Med is the largest provider of traditional beauty services and the fourth largest non-surgical aesthetic medical service provider in China with a market share of 0.2% and 0.6%, respectively, as measured by revenue in 2021 and according to Frost & Sullivan.
  • The Company provides overall beauty and health management services through its well-established and widely recognized brand portfolio of BeautyFarm, Palaispa, CellCare and Neology.
  • The service offerings of the Company cover traditional beauty services, aesthetic medical services as well as subhealth assessment and intervention services, across the full client lifecycle.

BeautyFarm Med Announces Global Offering Results, Offer Price of HK$19.32per Share

Retrieved on: 
Friday, January 13, 2023

The Offer Price is HK$19.32 per share.

Key Points: 
  • The Offer Price is HK$19.32 per share.
  • The Hong Kong Offer Shares initially offered under the Hong Kong Public Offering have been very significantly oversubscribed.
  • The Offer Shares initially offered under the International Offering have been moderately oversubscribed, representing approximately 4.7 times of the total number of 36,482,500 International Offer Shares initially available for subscription under the International Offering.
  • The outstanding share oversubscription shows the trust and support of global investors for the Company's business development and lays a firm ground for the Company's long-term growth.

Beauty Farm Medical and Health Industry Inc. Announces Proposed Listing on the Main Board of SEHK, Offer price at HK$19.32 per share

Retrieved on: 
Friday, December 30, 2022

The Company provides overall beauty and health management services through its well-established and widely recognized brand portfolio of BeautyFarm, Palaispa, CellCare and Neology.

Key Points: 
  • The Company provides overall beauty and health management services through its well-established and widely recognized brand portfolio of BeautyFarm, Palaispa, CellCare and Neology.
  • As of June 30, 2022, the overall service network of Beauty Farm comprised 352 stores, including 177 direct stores and 175 franchised stores.
  • Constant evolution of business model in response to market demand, offering clients overall beauty and health management services
    As the leading chain brand in China's beauty and health management service industry, Beauty Farm has provided traditional beauty services to clients for nearly three decades.
  • Beauty Farm Medical and Health Industry Inc.
    Beauty Farm Medical and Health Industry Inc. ("Beauty Farm" or "Company", stock code: 2373) is a leading player in China's beauty and health management service industry, which has large and loyal client base, extensive network with expansion efficiency, diversified services and product offerings as well as strong brand awareness.

Neology Reinforces Tolling Business Leadership with Chris George as Senior Solutions Architect

Retrieved on: 
Thursday, December 15, 2022

SAN DIEGO, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Neology , a global innovator that is re-imagining mobility for smart cities and safer communities, continues to strengthen its leadership team by adding Chris George as a Senior Solutions Architect for its U.S. Tolling Business.

Key Points: 
  • SAN DIEGO, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Neology , a global innovator that is re-imagining mobility for smart cities and safer communities, continues to strengthen its leadership team by adding Chris George as a Senior Solutions Architect for its U.S. Tolling Business.
  • He brings over 30 years of experience in systems engineering and technology management including 16 years in the tolling industry.
  • “We are excited to have Chris join the Neology team,” said Bradley H. Feldmann, Neology Chairman & CEO.
  • He previously worked at Xerox where he was a Solutions Architect responsible for developing back-office solutions and other technology platforms for the tolling market.

Neology Adds New VP of Human Resources to Leadership Team to Drive Strategic Growth across Its Portfolio

Retrieved on: 
Tuesday, November 29, 2022

Roberto Enriquez has joined the leadership team as Neologys Vice President Human Resources, a new role that will support Neologys global talent growth and implementation of modern people policies.

Key Points: 
  • Roberto Enriquez has joined the leadership team as Neologys Vice President Human Resources, a new role that will support Neologys global talent growth and implementation of modern people policies.
  • Roberto is a human resources executive with over 25 years of experience in world-class, multinational companies across various industries including sensor technology, automotive, aerospace, and electronics.
  • Roberto is a strategic HR partner known forachieving business goals by aligning culture, people, systems, and processes, says Bradley H. Feldmann, Neology Chairman & CEO.
  • His experience will move our Human Resources practices from tactical to strategic and will be key in achieving talent attraction, development, and growth initiatives to deliver to our expanding set of global customers.

Neology Adds Industry Veteran, Steve Haddix, as SVP General Manager of U.S. Tolling Business

Retrieved on: 
Monday, November 21, 2022

SAN DIEGO, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Neology, a global innovator that is re-imagining mobility for smart cities and safer communities, today announced that Steve Haddix has been appointed Senior Vice President and General Manager for Neologys U.S. Tolling Business.

Key Points: 
  • SAN DIEGO, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Neology, a global innovator that is re-imagining mobility for smart cities and safer communities, today announced that Steve Haddix has been appointed Senior Vice President and General Manager for Neologys U.S. Tolling Business.
  • He is a change agent, with a proven ability to lead companies out of their entrepreneurial phases to realize long-term growth.
  • We are thrilled to have Steve join the Neology team, said Bradley H. Feldmann, Neology Chairman & CEO.
  • His successful portfolio growth experience is exactly what we need to accelerate our growth in the competitive U.S. and global tolling markets.

Neology Announces Transportation Authority Alum Carolyn Flowers Joins Board as Newest Non-Executive Director

Retrieved on: 
Wednesday, September 7, 2022

SAN DIEGO, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Neology, a global innovator that is re-imagining mobility for smart cities and safer communities, today announced that public and private sector Transportation Authority leader Carolyn Flowers, has joined the Neology Board of Directors.

Key Points: 
  • Carolyn truly embodies the innovative thinking and problem-solving mindset that we highly value across our teams.
  • Flowers is a National Association of Corporate Directors (NACD) certified Director, and brings more than 40 years of Board membership, public, and private sector experience in the automotive, computer, and transportation industries to Neology.
  • Neology provides mobility solutions with technology that will improve the delivery and effectiveness of transportation services, said Flowers.
  • In 2015, Flowers joined the Obama Administration as a Senior Advisor to the US Department of Transportation.

Neology Commences Litigation in Superior Court of California Against RFID Manufacturer Confidex Ltd. and Confidex, Inc.

Retrieved on: 
Friday, August 5, 2022

Neology in late 2013 sued Confidex for patent infringement in the U.S. District Court for the District of Delaware claiming that certain of Confidexs RFID products compatible with the 6C protocol infringed various Neology patents.

Key Points: 
  • Neology in late 2013 sued Confidex for patent infringement in the U.S. District Court for the District of Delaware claiming that certain of Confidexs RFID products compatible with the 6C protocol infringed various Neology patents.
  • Confidex also agreed not to permit any third parties to do any of the same acts with any of the Confidex products.
  • Neology attempted to remind Confidex of its contractual obligations and demanded that it cease any further conduct in violation of the parties agreement, but Confidex refused, thereby necessitating the filing of the lawsuit.
  • Neology is re-imagining mobility to help our customers accelerate their vision for smart cities and safer communities.

Neology Awarded NCPA Contract for Fixed and Vehicle License Plate Recognition for U.S. Law Enforcement Agencies

Retrieved on: 
Tuesday, June 7, 2022

SAN DIEGO, June 07, 2022 (GLOBE NEWSWIRE) -- Neology , a global innovator that is re-imagining mobility for smart cities and safer communities, is only one of four suppliers that has been awarded the NCPA(National Cooperative Purchasing Alliance) contract to provide Fixed and Vehicle License Plate Recognition solutions for local, state, and federal law enforcement agencies.

Key Points: 
  • SAN DIEGO, June 07, 2022 (GLOBE NEWSWIRE) -- Neology , a global innovator that is re-imagining mobility for smart cities and safer communities, is only one of four suppliers that has been awarded the NCPA(National Cooperative Purchasing Alliance) contract to provide Fixed and Vehicle License Plate Recognition solutions for local, state, and federal law enforcement agencies.
  • Neology has been solving some of the most challenging problems facing the smart mobility and law enforcement markets with its Automatic License Plate Reader (ALPR) solutions for more than 20 years.
  • The NCPA contract is further market validation of our technology prowess and lifecycle customer support across many use cases for fixed and vehicle ALPR systems, said Luke Normington, Managing Director of Neology.
  • We are confident the company will bring substantial value to our agencies," said Madison Huemmer, Manager of Member & Vendor Support of NCPA.

Neology Achieves SOC 1, Type 2 Certification

Retrieved on: 
Monday, June 6, 2022

The SOC 1 certification exemplifies Neologys continued commitment to create and maintain the most stringent controls needed to ensure the highest quality and security of solutions and services provided to customers.

Key Points: 
  • The SOC 1 certification exemplifies Neologys continued commitment to create and maintain the most stringent controls needed to ensure the highest quality and security of solutions and services provided to customers.
  • Whereas a Type 1 report signifies an organizations status as of a specific date, Type 2 refers to ongoing compliance with the AICPAs rigorous standards for security and efficacy over a period of time.
  • Neology is known for blazing new trails in the transportation, tolling, and public safety systems markets, and achieving this SOC certification is no different, said Charles Padgett, CFO of Neology.
  • For further information about Neologys SOC compliance, or to request a copy of a report, contact your representative or [email protected] .