Yee

Orbbec Debuts Femto Mega at CES 2023, the Industry's Highest Resolution 3D Vision Camera with Integrated Depth and AI Processing

Retrieved on: 
Wednesday, January 4, 2023

LAS VEGAS, Jan. 4, 2023 /PRNewswire/ -- Orbbec, a leading global 3D camera manufacturer, today announced the launch of its latest product, the Femto Mega, at CES 2023. Built in partnership with Microsoft, it is the first product of a new platform aimed at enabling easy access to 3D technology. It's the industry's highest resolution 3D camera with real-time streaming of processed images over ethernet or USB connections that makes it ideal for use in logistics, robotics, manufacturing, retail, healthcare and fitness solutions.

Key Points: 
  • The 1 mega-pixel depth camera is complemented by a high performance 4K resolution RGB camera with 90° FOV.
  • A built-in Nvidia Jetson Nano is used to run advanced depth vision algorithms to convert raw data to precise depth images.
  • "Femto Mega is aimed at expanding the use of 3D vision in various industry solutions," said Amit Banerjee, Head of Platform and Partnerships at Orbbec.
  • The Orbbec team will be demonstrating Femto Mega and other 3D camera products and integrated partner solutions at CES 2023.

Infosys Compaz Collaborates with Singapore's StarHub for their IT Transformation Journey

Retrieved on: 
Wednesday, January 4, 2023

SINGAPORE, Jan. 4, 2023 /PRNewswire/ -- Infosys Compaz, a joint venture between Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, and Temasek, today announced a collaboration with Singapore-based communications, entertainment and digital services provider StarHub, to enable their IT transformation, while strengthening their technology operations, service management and cybersecurity. Through this engagement, Infosys Compaz will boost the quality, performance, availability, responsiveness, and cost efficiency of StarHub's foundational technology platform, while improving customer satisfaction and minimizing cyber risks.

Key Points: 
  • As part of this collaboration, Infosys Compaz will help StarHub enhance their sourcing strategy for IT services, to support their changing business needs while establishing a variable cost structure.
  • Mohit Joshi, President, Infosys, said, "Across several global engagements, Infosys has proven its command in the sphere of large-scale technology operations and digital transformation.
  • We are delighted that Infosys Compaz was chosen to drive StarHub's digital transformation journey and to accelerate their innovation agenda."
  • Manohar Atreya, CEO, Infosys Compaz, said, "We are delighted to collaborate with StarHub in their strategic digital journey.

IBJI CARES 'Wraps' Up Glenkirk Partnership

Retrieved on: 
Friday, December 23, 2022

DES PLAINES, Ill., Dec. 23, 2022 /PRNewswire/ -- A holiday wrapping party held on December 17, 2022 marked the last event to benefit Glenkirk organization, the IBJI CARES Foundation's 2022 Charity Partner. IBJI CARES raised $100,000 for the organization over a three-year period, and spent many hours supporting them at events to benefit individuals with disabilities who live in group home settings.

Key Points: 
  • Under normal circumstances, the IBJI CARES Foundation selects a new charity partner each year.
  • In December 2019, IBJI CARES selected Glenkirk as its 2020 Charity Partner, but due to the pandemic, Glenkirk's fundraising efforts and events were limited so the partnership was extended into 2021 and then 2022 to meet the pledged amount of $100,000.
  • "Additionally, IBJI CARES funding has assisted Glenkirk in expanding our community employment program, which matches adults with disabilities with local businesses to create inclusive work opportunities," Berenberg said.
  • The IBJI CARES Foundation is the philanthropic arm of IBJI.

ComEd Announces $40 Million Program to Electrify Low-Income Homes in Northern Illinois

Retrieved on: 
Thursday, December 15, 2022

To advance the electrification of buildings for all communities, ComEd today announced a first-of-its-kind program to convert low-income single family and multi-unit homes to all-electric, using highly efficient technologies.

Key Points: 
  • To advance the electrification of buildings for all communities, ComEd today announced a first-of-its-kind program to convert low-income single family and multi-unit homes to all-electric, using highly efficient technologies.
  • The $40 million Whole Home Electrification Program will empower low-income homeowners and tenants to reduce their carbon footprint, energy costs and climate impact.
  • This program will build on ComEds portfolio of energy efficiency programs which have saved northern Illinois customers more than $7 billion on their electric bills since 2008.
  • ComEd kicked off work on the Whole Home Electrification program earlier this year in collaboration with local climate justice nonprofit Elevate .

DXP Enterprises, Inc. Announces New Share Repurchase Program

Retrieved on: 
Thursday, December 15, 2022

This is after the successful completion of the previous program, whereby, the Company completed the repurchase of 1.5 million shares, under the 2-year program which began in May of 2021.

Key Points: 
  • This is after the successful completion of the previous program, whereby, the Company completed the repurchase of 1.5 million shares, under the 2-year program which began in May of 2021.
  • There is no guarantee as to the exact number of shares that will be repurchased, and DXP may discontinue the program at any time management determines additional purchases are not warranted.
  • David R. Little, Chairman and CEO commented, "The last few years have demonstrated the resilience of DXP and our ability to continue to evolve.
  • Kent Yee, CFO commented, "The continuation of our share repurchase program reflects the Boards commitment to our disciplined capital allocation strategy and the confidence in our business.

Denise Austin, Corey Calliet, Rodrigo Garduño and the Health and Fitness Community Unite to Give Back and 'Get Fit for No Kid Hungry' this January

Retrieved on: 
Tuesday, December 13, 2022

WASHINGTON, Dec. 13, 2022 /PRNewswire/ -- This January, celebrity fitness trainers and top health and wellness experts are coming together to participate in "Get Fit for No Kid Hungry," a month-long campaign to raise funds and awareness to help end childhood hunger in the U.S. Those wanting to kick-off a healthy start to the new year can join livestream workout and wellness classes hosted by their favorite trainers and fitness icons, including Denise Austin, Corey Calliet and Rodrigo Garduño, to help connect the 1 in 8 kids in America living with hunger to the food they need to thrive. The full line-up and calendar of events can be found at NoKidHungry.org/GetFit.

Key Points: 
  • "Get Fit for No Kid Hungry" class offerings range from yoga, body-building, hiit workouts, nutrition and more.
  • "I want to help every kid feel love through food, something every child deserves," said her daughter Katie Austin.
  • But a key component is having the nutrition needed to fuel our minds and bodies," said Corey Calliet, celebrity fitness trainer.
  • "That's why I'm proud to join No Kid Hungry not only as someone dedicated to health and fitness, but also as a dad.

YC Wong Joins YES as VP of Business Development, Asia Pacific

Retrieved on: 
Monday, December 12, 2022

Mr. Wong, who isbased in Singapore, assumes overall responsibility for driving product penetration and for increasing backlog and revenue in the region.

Key Points: 
  • Mr. Wong, who isbased in Singapore, assumes overall responsibility for driving product penetration and for increasing backlog and revenue in the region.
  • Prior to joining YES, Mr. Wong spent six years as Senior Director of Product Marketing at Veeco SE Asia Pte.
  • "I am very pleased to welcome YC to the YES senior team," said Alex Chow, President of YES Asia.
  • Mr. Wong holds a bachelor's degree in Business Administration from the University of Western Sydney, Australia, and an MBA from the National University of Singapore.

Napa’s Mayacamas Charter Middle School Prepares for the Launch of 2023-2024 Student Enrollment Following California State Board of Education Approval

Retrieved on: 
Tuesday, November 15, 2022

Napa, CA, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Mayacamas Charter Middle School (MCMS), a new free small middle school option in Downtown Napa, is preparing to launch open enrollment for the 2023-2024 school year.

Key Points: 
  • Napa, CA, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Mayacamas Charter Middle School (MCMS), a new free small middle school option in Downtown Napa, is preparing to launch open enrollment for the 2023-2024 school year.
  • Families who want to learn more about the enrollment process can visit www.mayacamaschartermiddleschool.com to express interest and sign up to receive updates.
  • MCMS received its approval to open in September when the California State Board of Education ruled that the Napa Valley Unified School District (NVUSD) had abused its discretion in denying the schools initial charter petition.
  • Students at Mayacamas Charter Middle School will enjoy the benefits of a small school environment, personalized learning plans, and a diverse student body that reflects our community.

BioNTech Expands Global Footprint by Acquiring GMP Manufacturing Site to Establish First mRNA Facility in Singapore

Retrieved on: 
Monday, November 14, 2022

The acquisition is part of BioNTechs expansion strategy to strengthen its global footprint in Asia.

Key Points: 
  • The acquisition is part of BioNTechs expansion strategy to strengthen its global footprint in Asia.
  • Supported by the Singapore Economic Development Board (EDB), the facility will serve as BioNTechs Regional Headquarters and become its first mRNA manufacturing facility in Singapore.
  • We are excited to be moving a step closer to expanding our global manufacturing network to Singapore, supporting production of mRNA-based vaccines and therapeutics for the Asia Pacific region.
  • We are delighted that BioNTech has chosen Singapore as the location for its new Regional Headquarters and first mRNA manufacturing facility in the Asia Pacific region.

DXP Enterprises, Inc. Announces Raising an Incremental $105M In Term Loan B Borrowings

Retrieved on: 
Tuesday, November 22, 2022

DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has closed on raising incremental $105 million Senior Secured Term Loan B (TLB) borrowings that will be added to the initial $330 million Term Loan B raised in December of 2020.

Key Points: 
  • DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has closed on raising incremental $105 million Senior Secured Term Loan B (TLB) borrowings that will be added to the initial $330 million Term Loan B raised in December of 2020.
  • Including the new borrowings, DXP will have $417.2 million in Senior Secured Term Loan B borrowings.
  • The Term Loan B and incremental borrowings are 5.25 percent over Term SOFR and continues to include a secured leverage covenant ranging from 5.75:1 to 4.75:1.
  • Kent Yee, CFO added, We are pleased to announce the completion of raising an incremental $105 million to our existing Term Loan B.