April 24, 2023

UBTECH Smart Elderly Care Solution honored as the winner of the 2023 Edison Awards™

FORT MYERS, FLORIDA, USA, April 24, 2023 (GLOBE NEWSWIRE) — FORT MYERS, FLORIDA, April 20, 2023– UBTECH, a leading global AI and robotics company, was honored the Bronze award of the 2023 Edison Awards’ MedTech category for the distinguished innovation of its Smart Elderly Care Solution.

Known as the “Oscars of tech,” the Edison Awards is one of the oldest and most prestigious technology awards. It honors the most impactful brands and business leaders worldwide, with past winners including Steve Jobs, Elon Musk, General Motors, and Genentech, recognizing their excellence in service development, marketing, design, and innovation.

All nominations were reviewed by the Edison Awards Steering Committee with the final ballot determined by an independent judging panel. The panel is comprised of more than 3,000 senior business executives and academics from the fields of product development, design, engineering, science, marketing and education, as well as past winners.

UBTECH’s Smart Elderly Care Solution offers an enriched portfolio of intelligent robots to enhance the quality of life for seniors. In addition to using cutting-edge robotics technologies, the solution also leverages advanced artificial intelligence. And through UBTECH’s Smart Healthcare Cloud Platform, the Smart Elderly Care Solution creates a network that enables seamless integration of a variety of devices. This interconnect between hardware, network and people supports the seven key scenarios of smart elderly care: operational management, safety and security, health management, daily care, rehabilitation, mental and physical activities, and nutrition and diet.

“This is the industry’s comprehensive solution that combines advanced robotics and AI technology to assist seniors and their caregivers in nursing homes. Rather than providing services using isolated, individual products, we focus on addressing system-level challenges. By extensively applying AI technology, we vastly improved product performance to bring a richer, more optimized experience to the elderly and caregivers,” Henry Tan, Co-Chief Technology Officer of UBTECH and General Manager of UBTECH Healthcare, says, “It is an honor to have our Smart Elderly Care Solution be recognized by the Edison Awards.”

According to the U.S. Census Bureau, starting in 2030, all baby boomers will be 65 and older. And by 2034, older adults will outnumber children for the first time in U.S. history. This forecast generates demand for efficient, comprehensive assistive care solutions.

Designed for accessibility, UBTECH’s Smart Elderly Care Solution portfolio accepts a multitude of inputs. Its smart sensors, working in parallel with its data platform, transform care from passive to proactive in assisting with daily tasks. And with rich interactive features, the solution can support seniors’ physical and mental well-being.

Moving into the smart care era, UBTECH provides people with an intelligent, independent, and convenient solution to raise the standard for the elderly care industry. Within the past year, UBTECH has released five service robots: Wassi, an intelligent walking assistance robot; VerCari, a containerized delivery robot; PathFynder, a smart wheelchair; AuCari, an open delivery robot; and Welli, a companion robot.

Due to its utility and innovation, UBTECH’s Smart Elderly Care Solution is garnering international interest. The PathFynder smart wheelchair is now exploring market in North America. In addition, UBTECH has worked with companies and partners to deliver and implement the solution in different facilities and scenarios. These successes are encouraging UBTECH to continue its mission to refine its technologies, pushing the industry forward to promote a higher quality of care.

As UBTECH expands its business globally, it expects to generate higher value and provide higher-quality services for seniors worldwide. By continuing to develop robotics and AI, the company aims to address the long-term challenge for society and create a new industry to boost the global economy.

About UBTECH

UBTECH, established in March 2012, is a leading AI and robotics company specializing in service robotics research, manufacturing, and marketing. Throughout the ongoing journey, from establishing an R&D center in North America focusing on the healthcare sector in 2019 focusing on applying solutions in various elderly-care scenarios, to releasing its global strategy for smart elderly-care in 2022, UBTECH has been a pioneer and leader in smart service robotic solutions. UBTECH is committed to the vision of transforming the healthcare industry and the sustainable development of the elderly-care economy with innovative technologies, together with industry partners.

Press contact

Jade Su

Senior PR Manager

Jade.su@ubtrobot.com

Attachments

Cindy Li
UBTECH ROBOTICS CORP LTD
cindy.li@ecoinst.ca

GlobeNewswire Distribution ID 8824058

April 24, 2023

Duck Creek Technologies Unveils a “Who’s Who” Participating in the Insurance Industry’s Leading Conference for Tech Decision Makers, Formation ’23

The world’s leading insurance industry and technology minds gather in Orlando, FL, May 8-10, 2023

Boston, April 24, 2023 (GLOBE NEWSWIRE) — Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announces major sponsors, partners, and presenters joining the leading insurance technology decision makers for its upcoming marquee customer conference, Formation ’23. The event is being held May 8 through May 10, 2023, at Signia by Hilton Orlando Bonnet Creek in Orlando, Florida.

With a focus on cultivating a world-class event experience filled with rich content, industry networking opportunities and unforgettable activities, Formation ‘23 is all about “BUILDING TOGETHER.” Duck Creek will welcome the leading insurtech minds and industry professionals of all levels from across the globe in a high-energy environment with ample educational and networking opportunities focused on the latest trends and innovations empowering the insurance industry. Duck Creek is delighted to be joined on stage and in sessions by customers who will share their personal stories and first-hand experiences implementing Duck Creek and partner ecosystem innovations. Notable carriers presenting include Australia-based general insurers Argyle and Hollard, as well as Berkshire Hathaway Specialty Insurance, EMC Insurance Companies, GAINSCO Auto Insurance® (GAINSCO), Great American Insurance Group, Indigo Insurance Ltd., and Munich Reinsurance America, Inc.

“This year we have a record number of sponsorship commitments from more than 60 members of our partner ecosystem, including diamond sponsors Glia and LTIMindtree; platinum sponsors Coforge and EY; and gold sponsors Accenture, Aggne Global, Capgemini, Cognizant and Quadient,” said Rohit Bedi, Chief Revenue Officer, Duck Creek Technologies. “This is a testimony to the robust partner ecosystem Duck Creek has built to benefit our customers worldwide. We maintain strong relationships with industry leaders to provide complementary, distinct solutions and services to get our joint customers to market quickly.”

Notably, several influential industry analysts from Aite-Novarica Group (Aite-Novarica), Celent, Everest Group, Forrester, International Data Corporation (IDC) and ReSource Pro Consulting, will participate in various sessions as guest speakers. In particular, Aite-Novarica, Celent, and Forrester will come together to speak in a panel, “Building the future together,” to share how insurers must utilize technology to win in today’s market.

Attendees will get first look at Duck Creek’s latest product vision, strategy, and roadmap. “Duck Creek is committed to providing great products that enable insurers and their customers to thrive,” said Chief Product & Technology Officer Jess Keeney. “We believe great products are personal – delivered and supported through the research and development of humanized experiences. Insurance is more complex with more regulations than ever, and we provide our customers with better data and more technology to manage increased distribution channels and shifting demographics.”

The agenda and speaker line-up are now available on the conference website. For more information on Formation ‘23 or to register now for the year’s must-attend event, please visit https://www.duckcreek.com/formation/.

About Duck Creek Technologies

Duck Creek Technologies is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and Twitter.

Carley Bunch
Duck Creek Technologies
+1-201-962-6091
carley.bunch@duckcreek.com

GlobeNewswire Distribution ID 8813214

April 24, 2023

Olymp Trade Held a Ramadan Charity Campaign

3,116 families in need received 10-kg food baskets

KINGSTOWN, SAINT VINCENT AND THE GRENADINES – Media OutReach – 24 April 2023 – Olymp Trade, a trading platform with over 80 million user accounts, has completed Every 1 Counts, a Ramadan charity campaign. The aim was to encourage the community of traders to support and help those in need.For every 100 trades made by the campaign participants, Olymp Trade committed to sponsoring one food basket for a disadvantaged family. The goal was to assemble 3,000 baskets and thus enable as many families to enjoy iftar meals.

Once Every 1 Count was over, Olymp Trade donated the resulting amount to the Misr El Kheir Foundation (MEK), a well-known Egyptian NGO. Since 2007, the foundation has been contributing to human development, intending to reduce poverty, illiteracy, unemployment, and disease.

Every 1 Count: Results
19,760 traders from Egypt and other MENA countries joined Olymp Trade’s Ramadan campaign. They collectively assembled 3,116 food baskets.

In April, MEK volunteers distributed more than 30,000 kg of food aid among 3,116 impoverished households during the Iftar Ramadan Charity Campaign. Additionally, they distributed 1,000 free hot meals to provide instant hunger relief.

On its official Facebook page, Misr El Kheir Foundation thanked Olymp Trade for supporting this charitable cause.

According to an Olymp Trade’s representative, the company considers the event successful and plans to organize such campaigns regularly in the future:

“So far, Olymp Trade has held several charity campaigns, including one in Egypt. But Every 1 Counts is unique because it directly engages so many of our users. Their collective activity on the platform boosted Olymp Trade’s donation to 1,000,000 EGP. We are really proud to make this contribution on behalf of the platform’s community. It’s yet another proof that trading is not limited to pursuing personal gain. It also has the potential to bring about positive social changes.”

April 24, 2023

Barakah Nuclear Energy Plant’s Unit 2 back online to provide continuous clean electricity

BU DHABI, 24th April, 2023 (WAM) — At a time when many nations have suffered with energy shortages, the decision taken by the UAE just over a decade ago to construct its first nuclear plant has resulted in an annual capacity increase of 1400 MW of electricity that is available round the clock, and with zero emissions. This is a significant win for both the UAE’s energy security and energy sustainability. Since beginning commercial operations in March 2022, Unit 2 of the Barakah Nuclear Energy Plant has generated 10,402 gigawatt-hour (GWh) of clean electricity and prevented more than 5,000 kilotons of carbon emissions. This is a significant contribution to the growing electricity needs of both Abu Dhabi where the plant is located, and for the Nation, enabling the decarbonisation of the wider power sector in the country and accelerating the UAE’s progress towards achieving Net Zero emissions by 2050. Following 324 days of continuous commercial operations, the teams at the Barakah Plant have successfully completed the refuelling and maintenance outage for Unit 2 on time a scheduled activity that takes place around every 12-24 months or so depending on the plant. The process involves shutting down the reactor, implementing more than 8,000 planned maintenance activities, and replacing about a third of the fuel assembles in the reactor core, with the remaining fuel re-configured for optimal operations. Unit 2 has now restarted and powered back up to run at full power, 24/7 for another year with zero carbon emissions. Units 1 and 3 continued to operate normally throughout this time, delivering clean electricity to the nation. Having already completed the Unit 1 refuelling and maintenance outage last year, the operational teams have utilised the significant operating experience gained to streamline outage activities for Unit 2. The Emirati-led teams at Barakah continue to learn and build on the experience from conducting these scheduled outages, enabling enhanced outage delivery to bring each reactor back online safely, smoothly and as efficiently as possible. The four Units at Barakah, once all commercially operational, will generate up to 5,600 megawatts (MW) of clean electricity around the clock, equivalent to almost 40 percent of the UAE’s peak demand of about 15,000 MW during the hot summer months. With three units operating at maximum capacity, Barakah already generates more than 80 percent of the Emirate of Abu Dhabi’s clean electricity. Barakah’s capabilities showcase that nuclear energy has already made significant headway in meeting peak demand with reliable, clean and abundant electricity. Once all four units are operational, the Barakah Plant is set to meet up to 25 percent of the UAE’s electricity needs, generating enough clean electricity to power up to 574,000 homes. This will be done whilst also supporting the UAE’s strategy for becoming a net-exporter of LNG (liquefied natural gas) by 2030 by replacing local gas consumption with clean electricity from nuclear. Barakah will divert up to US$4 billion-worth of natural gas annually, which can be used for other energy needs or for international export. This illustrates why the UAE’s data-driven approach to including nuclear in its energy mix was the right approach as it has enabled the delivery of a swift and sharp decarbonisation of the power sector at a time when many nations are still trying to identify how they will deliver Net Zero while making sure the ‘lights are always on’. The timing couldn’t be more important as experts highlight just how critical the climate change emergency is becoming, and how essential nuclear energy will be to solving this crisis. The Intergovernmental Panel on Climate Change (IPCC) has identified several pathways to limit global warming to 1.5C in the coming decades with nuclear generation playing an important role in decarbonising the energy sector. It expects that by mid-century, the majority of primary energy will come from renewables and nuclear energy in most scenarios . Additionally, the International Energy Agency (IEA) states that to achieve Net Zero by 2050, the world needs to double existing nuclear energy capacity from about 400 gigawatts (GW) to more than 800 GW. With COP28 set to be held in Dubai this November, Barakah is a proven modern case study for climate change solutions. The Plant has been the result of a long-term, data driven strategy that is today paying dividends for the Nation. Once fully operational, the Barakah Plant will prevent millions of tonnes of carbon emissions annually, while bridging to other clean energy technologies, such as clean hydrogen, and stimulate the growth of the Net Zero economy. The Barakah Plant is also a catalyst for new technology development in the clean energy transition, including Small Modular Reactors (SMRs) development and next generation reactors, and generating the clean molecules steam, hydrogen and ammonia, along with heat. All of which is required to decarbonise hard to abate sectors such as shipping, aviation and heavy industries.

Source: Emirates News Agency (WAM)

April 24, 2023

GEAGEA: WE WILL PREVENT THE ELECTION OF THE OPPOSITION CANDIDATE, AND LINKING FRANCE’S NAME TO HEZBOLLAH’S CANDIDATE DOES NOT REFLECT REALITY

Head of the “Lebanese Forces” party, Samir Geagea, indicated during an interview that “there will be no breakthrough soon in the file of the presidential elections, and evidence of this is the words of Hezbollah’s Deputy Secretary-General Sheikh Naim Qassem,” adding, “Hezbollah’s equation in this regard is clear either its candidate or void.” Geagea pointed out that “France is waging a battle to bring Sleiman Franjieh to the presidency of the republic, against the background of the common interests between it and Hezbollah, from the port of Beirut to the port of Tripoli and other matters. Hence, the one who deals with embassies most is the Secretary General of Hezbollah, Sayyed Hassan Nasrallah.” He stressed that “there is no truth in changing the position of the Kingdom of Saudi Arabia or the American softness towards Franjieh’s election, and if he is elected, the doors of Arab countries will be further closed in the face of Lebanon, and that some of the deputies visited the Kingdom to consult it, but it refused to enter the naming process.” The LF Chief denied “any offer or deal from the French ambassador, Anne Grillo, in exchange for Franjieh’s approval, otherwise, the crisis will be extended…” He added: “Our position is clear and we made it clear to our friends. What France is doing will not produce any result, and is one of the few friends who care about the Lebanese issue, because its association with the Hezbollah candidate does not reflect its reality as the mother of democracy and human rights. Franjieh belongs to a specific political line, and he was never ashamed or denied it, and he is the son of the axis of resistance, and therefore he can adhere to what he has, not what he does not have, because the matter is in the hands of Hezbollah.” Regarding the possibility of an agreement with the head of the Free Patriotic Movement, Gebran Bassil, Geagea stressed that “there is no room for that unless he decides to elect our candidate.” In response to a question about appointing a new Central Bank Governor and his opinion of the former minister, Kamil Abu Suleiman, to assume this position, he said: ‘There is an absolute necessity to appoint a new governor, and the current government is capable of that because the necessities allow for prevention. If Abu Suleiman wants to take this position, I see that he is able to change, but I do not ask him to…” As for the name of the army commander for the presidency, Geagea said: “General Joseph Aoun is a statesman and he did not allow anyone to interfere in the military institution, and if his access is available, we will vote for him, but the problem is that he is the only candidate who needs 86 votes, and certainly Bassil will not vote for him because he does not represent his interests.” Geagea also touched on the crisis of the displaced Syrians, stressing the need to develop a plan to solve it, revealing that a press conference is being prepared to present a clear plan that includes preparing municipalities to carry out their tasks.

Source: National News Agency – Lebanon

April 24, 2023

A 7.3 magnitude earthquake strikes Kermadec Islands

A 7.3 magnitude earthquake rocked the Kermadec Islands region near New Zealand on Monday.

A magnitude 7.3 earthquake rocked the Kermadec Islands region near New Zealand on Monday, the United States Geological Survey (USGS) said, adding that the quake was at a depth of 10 km.

The U.S. Pacific Tsunami Warning Center said the tsunami threat from the earthquake in the Kermadec Islands region has now passed.

A 7.1 magnitude earthquake struck the Kermadec Islands in New Zealand last March.

Source: Syrian Arab News Agency