Memorandum

Synack earns FedRAMP Moderate Authorized status to extend leadership in public sector security testing

Retrieved on: 
Wednesday, January 3, 2024

Operating dedicated application security testing programs is a critical component of a zero trust strategy, and Synack proudly empowers agencies to conduct such services in a FedRAMP Moderate Authorized environment.

Key Points: 
  • Operating dedicated application security testing programs is a critical component of a zero trust strategy, and Synack proudly empowers agencies to conduct such services in a FedRAMP Moderate Authorized environment.
  • "This FedRAMP designation clears the way for Synack's premier security testing platform to protect more government systems," said Synack vice president for public sector Catherine Bowen.
  • To qualify as Moderate Authorized from FedRAMP, Synack successfully enforced 325 security controls and underwent extensive third-party vetting of its security infrastructure.
  • Today's announcement builds on Synack's FedRAMP Moderate "In Process" designation achieved in 2022 , when Synack was first listed on the FedRAMP marketplace .

Alset Inc. Announces Execution of Binding Term Sheet to Acquire 41.5% Interest in Company Engaged in Distribution of Electric Vehicles and Charging Stations

Retrieved on: 
Wednesday, December 13, 2023

NEAPI owns approximately 41.5% of New Energy Asia Pacific Limited, a Hong Kong company (“New Energy”).

Key Points: 
  • NEAPI owns approximately 41.5% of New Energy Asia Pacific Limited, a Hong Kong company (“New Energy”).
  • New Energy focuses on distributing all-electric versions of special-purpose and transportation vehicles, charging stations and batteries.
  • Such convertible note will have a five year term and an interest rate of three (3%) per year.
  • New Energy will seek to significantly increase revenues in the coming months relating to both electric chargers and electric vehicles.

Next Hydrogen Secures Follow On Purchase Order from Casale

Retrieved on: 
Wednesday, December 13, 2023

MISSISSAUGA, Ontario, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Next Hydrogen Solutions Inc. (“Next Hydrogen”) ( TSXV:NXH , OTC:NXHSF ) is pleased to announce it has received a purchase order from Casale for development work related to integration of Next Hydrogen’s next generation products for use in Casale’s green ammonia and methanol systems.

Key Points: 
  • MISSISSAUGA, Ontario, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Next Hydrogen Solutions Inc. (“Next Hydrogen”) ( TSXV:NXH , OTC:NXHSF ) is pleased to announce it has received a purchase order from Casale for development work related to integration of Next Hydrogen’s next generation products for use in Casale’s green ammonia and methanol systems.
  • This work advances the partnership between Next Hydrogen and Casale established under the previously announced Memorandum of Understanding.
  • The purchase order will support testing various operational profiles of Next Hydrogen’s unique electrolysers to allow their optimization and integration into Casale’s green ammonia and methanol plants.
  • “This order marks the first step of our partnership with Casale and lays the groundwork for market demonstrations contemplated under our MoU.”

Nokia and Deutsche Telekom begin deployment of multi-vendor Open RAN network in Germany

Retrieved on: 
Tuesday, December 12, 2023

Nokia will deploy its commercial Open RAN compliant, high-performance, energy efficient 5G AirScale baseband solution in DT’s commercial network including Fujitsu Radio Units.

Key Points: 
  • Nokia will deploy its commercial Open RAN compliant, high-performance, energy efficient 5G AirScale baseband solution in DT’s commercial network including Fujitsu Radio Units.
  • For Open RAN, Nokia develops the required Open Fronthaul features on top of its high-performance RAN software, ensuring co-existence and feature performance parity with purpose-built RAN.
  • Claudia Nemat, Board Member of Deutsche Telekom AG for Technology and Innovation commented: “Open RAN is crucial to Deutsche Telekom’s strategy to promote greater supplier diversity and accelerate customer-oriented innovation in the radio access network.
  • Our commercial deployment with Nokia and Fujitsu is an important step to prepare multi-vendor Open RAN as the technology of choice for future networks.”
    Tommi Uitto, President of Mobile Networks at Nokia, said: “We are proud to partner with Deutsche Telekom, the largest mobile network operator in Europe, to start deploying a commercial multi-vendor Open RAN network in Germany with Fujitsu.

The Yacht Club de Monaco and the Royal Selangor Yacht Club strengthen relations with the signing of an MoU

Retrieved on: 
Tuesday, December 5, 2023

TURIN, Italy, Dec. 05, 2023 (GLOBE NEWSWIRE) -- The Yacht Club de Monaco and the Royal Selangor Yacht Club signed a MoU (Memorandum of Understanding) on November 27th in Kuala Lumpur to strengthen the relations between the two Clubs.

Key Points: 
  • TURIN, Italy, Dec. 05, 2023 (GLOBE NEWSWIRE) -- The Yacht Club de Monaco and the Royal Selangor Yacht Club signed a MoU (Memorandum of Understanding) on November 27th in Kuala Lumpur to strengthen the relations between the two Clubs.
  • Following the signing in 2008 of a reciprocity agreement between Yacht Club de Monaco, whose President Prince Albert II of Monaco, and the Royal Selangor Yacht Club, under the Royal Patronage of The Sultan of Selangor, the two Clubs wish to reinforce their bonds of friendship and collaboration by signing the document  with a view to the Royal Selangor Yacht Club obtaining the ‘La Belle Classe Destinations by YCM’ certification.
  • Initiated in 2011, this certification sets a standard of excellence in terms of quality of the facilities, services and events offered.
  • The signing took place at the Monaco Economic Forum 2023 during the state visit of Prince Albert II of Monaco to Malaysia.

VEON’s Kyivstar and Amazon Web Services Sign Memorandum of Cooperation to Support the Development of Ukrainian Businesses

Retrieved on: 
Monday, December 4, 2023

These include

Key Points: 
  • These include
    Analytics in AWS Cloud: Kyivstar will offer AWS solutions for data processing and analysis, reporting, and modeling.
  • Infrastructure Cloud Migration: Kyivstar will assist customers in migrating their infrastructure to AWS, enabling them to achieve greater efficiency and scalability of their IT infrastructure.
  • “The cooperation with AWS confirms Kyivstar's long-standing position of a technology and innovation leader in the Ukrainian market.
  • Our partnership with Amazon Web Services is a significant step for the development of Ukrainian business and its integration into the international environment”, said Oleksandr Komarov, President of Kyivstar.

Gamer Pakistan Subsidiary K2 Gamer Announces Super Mega Pakistan Universities Esports Championship 2023-24

Retrieved on: 
Thursday, November 30, 2023

HENDERSON, Nev., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Gamer Pakistan Inc. (NASDAQ: GPAK), an early-stage technology and esports company focused on game development and in-game AI community engagement, and organizing esports events in Pakistan, today announced subsidiary K2 Gamer has launched the Super Mega Pakistan Universities Esports Championship 2023-24, a groundbreaking event poised to captivate the nation's gaming community.

Key Points: 
  • HENDERSON, Nev., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Gamer Pakistan Inc. (NASDAQ: GPAK), an early-stage technology and esports company focused on game development and in-game AI community engagement, and organizing esports events in Pakistan, today announced subsidiary K2 Gamer has launched the Super Mega Pakistan Universities Esports Championship 2023-24, a groundbreaking event poised to captivate the nation's gaming community.
  • K2 Gamer Pakistan is registered with the Security and Exchange Commission of Pakistan (SECP) and a wholly owned subsidiary of the Gamer Pakistan Inc., the first USA based Pakistan esports company.
  • The Super Mega Pakistan Universities Esports Championship 2023-24 unfolds in a series of competitive stages.
  • “We are honored to announce that K2 Gamer’s Super Mega Pakistan Universities Esports Championship 2023-24 will begin in early December and run for a total of 45 days with a 1 million PKR prize pool,” said Muhammad Jamal Qureshi, CEO of K2 Gamer.

Yuengling’s and PickleJar Announces Mutual Agreement to Terminate the Business Combination Agreement

Retrieved on: 
Thursday, November 9, 2023

ATLANTA, GA and HOUSTON, TX, Nov. 09, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Yuengling’s (OTC: YCRM) and PickleJar Holdings today announced they have entered into a mutual agreement to terminate the MOU (Memorandum of Understanding) dated September 29th, 2023.

Key Points: 
  • ATLANTA, GA and HOUSTON, TX, Nov. 09, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Yuengling’s (OTC: YCRM) and PickleJar Holdings today announced they have entered into a mutual agreement to terminate the MOU (Memorandum of Understanding) dated September 29th, 2023.
  • The parties agreed necessary approvals and closing conditions to effectuate the Business Combination are no longer expected to be completed in timetable set for in the MOU, for reasons unrelated to PickleJar or Yuengling’s.
  • "Today's announcement is unfortunate and unexpected, however PickleJar has identified an alternative public company that will enable us to continue on our growth path.
  • "Our strong market position, business integrity, operational quality, and well-diversified and stable product mix have enabled our business to navigate challenging industry dynamics.

Lydia AI Expands Reach in Korea Through Strategic Partnerships with Hecto Data and Tobecon

Retrieved on: 
Monday, December 18, 2023

Lydia AI, a leading Canadian health AI company, is thrilled to announce its strategic collaborations with Hecto Data and Tobecon Inc., two prominent technology companies in South Korea.

Key Points: 
  • Lydia AI, a leading Canadian health AI company, is thrilled to announce its strategic collaborations with Hecto Data and Tobecon Inc., two prominent technology companies in South Korea.
  • (Photo: Business Wire)
    Hecto Data and Lydia AI have partnered to establish an intelligent data ecosystem, fostering innovative applications that promote the concept of "health is wealth."
  • Simultaneously, Tobecon and Lydia AI have solidified their partnership to integrate AI capabilities into insurance software, elevating customer experiences through more intelligent and streamlined processes.
  • As these partnerships unfold, Lydia AI remains dedicated to advancing the field of health predictive analytics and fostering a healthier, better insured society.

Chemours Announces Settlement Agreement with State of Ohio

Retrieved on: 
Wednesday, November 29, 2023

The agreement resolves the State’s claims relating to releases of PFAS from the companies’ facilities including the Washington Works facility located along the Ohio-West Virginia border.

Key Points: 
  • The agreement resolves the State’s claims relating to releases of PFAS from the companies’ facilities including the Washington Works facility located along the Ohio-West Virginia border.
  • The agreement also resolves claims relating to the manufacture and sale of PFAS-containing products and the State’s claims related to aqueous film-forming foam (“AFFF”).
  • Consistent with the binding Memorandum of Understanding (MOU) between Chemours, DuPont, and Corteva agreed in January 2021, Chemours will be responsible for 50% of the settlement costs, or $55 million, with DuPont and Corteva responsible for the remaining 50%.
  • Chemours believes this settlement furthers its objective to manage and resolve legacy liabilities, consistent with our MOU framework in coordination with DuPont and Corteva.