BusinessNews.ph

Author: Marie Jones

  • Horangi among first cybersecurity companies in Asia to attain SOC 2 Type II Certification

    Horangi, a Singapore HQ cybersecurity company which provides solutions optimised for Southeast Asia companies, announced it has successfully achieved SOC 2 Type II Compliance and Certification, making it one of the first cybersecurity companies in Asia to do so. This is a testament to Horangi’s ongoing dedication to advancing its security program, and reaffirms its commitment to meeting trust services criteria in information and data security.

    Developed by the American Institute of CPAs (AICPA), the SOC 2 compliance framework is internationally recognised as the gold standard for security compliance for Software-as-a-Service (SaaS) companies. It requires companies to establish and follow strict information security policies and procedures encompassing the security, availability, and confidentiality of customer data. Horangi identified shortfalls and introduced the fundamental changes required to strengthen the necessary security controls.

    Certification involves a technical auditing process that validates internal control policies and practices, ensuring the organisation is operating in accordance with SOC 2 standards. Organisations are required to demonstrate the effectiveness of their information security control environment for a period of 3 to 12 months. Coalfire, conducting the audit over a 4-month review period for security and confidentiality criteria, concluded that Horangi upheld the essential criteria around secure data management for its cloud security products and services.

    The newly acquired SOC 2 certification further bolsters Horangi’s CREST-accredited cybersecurity consulting services and Gartner-recognised Warden cloud security platform after the company was inducted into programs by Singapore’s Infocomm Media Development Authority (IMDA) and Cyber Security Agency of Singapore (CSA) earlier in the year.

    Paul Hadjy, CEO and Co-founder, Horangi, said: “Attaining the SOC 2 Type II certification demonstrates Horangi’s dedication to meeting the most rigorous security and confidentiality standards at a time where data breaches and misuse are prevalent. We developed more than twenty policies and implemented new procedures and tools, enhancing our monitoring and security management capabilities according to the stringent prerequisites of the SOC 2 certification. It has been an intense but fruitful year-long endeavour for the Horangi team, and we remain committed to enhancing our services in alignment with evolving industry requirements.”

    Horangi leveraged its flagship cloud security platform, Warden, to manage configurations, Identity and Access Management (IAM), and potential vulnerabilities for deployment of these new policies and procedures. This was streamlined by the use of JumpCloud for onboarding, offboarding, access management and monitoring.

    “The best practices are built into our daily operations, throughout every team from the technical team to people operations, enabling us to achieve optimal security outcomes for organisations we serve. Constant innovation in alignment with best-in-class practices has been a key facet of our growth strategy, and will continue to drive our success as a cloud security leader in Asia,” added Hadjy.

    Horangi Warden currently includes APAC-focused compliance automation that supports standards such as MAS TRM, BNM-RMiT, OJK, and APRA. Support for upcoming standards such as the PDPA in Thailand will be incorporated on a regular basis. Horangi also obtained the Amazon Web Services (AWS) Security Competency and Public Sector Competency earlier in 2021, positioning it to maintain its leading market position and magnifying the effectiveness of its solutions in a rapidly digitalising economy.

    About Horangi
    Horangi is a leading cybersecurity company founded by ex Palantir Technologies engineers, headquartered in Singapore. Horangi’s best-in-class Warden cloud security platform protects organizations in the public cloud, complemented by an elite team of cybersecurity experts providing CREST-accredited offensive and strategic cybersecurity services to customers across the world. For more information, visit https://www.horangi.com.

    Media Contact
    KeKomunikation for Horangi
    Email: Horangi@KeKomunikation.com
    Phone: +65 6303 0567

  • Olympus Selected for Inclusion in Dow Jones Sustainability World Index (DJSI World)

    Olympus Corporation (Olympus – Director, Representative Executive Officer, President and CEO: Yasuo Takeuchi) has been selected for inclusion in the 2021 Dow Jones Sustainability World Index (DJSI World) and the 2021 Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific), among the world’s most recognized corporate sustainability indices. Olympus is admitted to the DJSI World for the first time this year and in the DJSI Asia Pacific for the third consecutive year.

    The Dow Jones Sustainability Indices (DJSI) are corporate sustainability evaluation indices for environmental, social and governance (ESG) investment. Jointly developed by S&P Dow Jones Indices and RobecoSAM, the DJSI track the financial performance of leading companies in terms of ESG criteria. Companies with excellent corporate sustainability practices are assured and selected annually.

    In 2021, 322 companies were selected as DJSI World members from approximately 3500 companies in 61 industry sectors that were evaluated worldwide, and 153 companies were selected as DJSI Asia Pacific members from approximately 600 companies assessed in the region. Olympus is one of only 10 out of 84 companies to have been selected as DJSI World in the Health Care Equipment & Supplies sector. Our scores on Corporate Governance, Innovation Management, Operational Eco-Efficiency, Occupational Health and Safety initiatives have improved this year and those efforts were highly rated.

    In addition to DJSI World and DJSI Asia Pacific, Olympus was also named in the FTSE4Good Index Series and FTSE Blossom Japan Index.

    Based on Our Purpose of “Making people’s lives healthier, safer and more fulfilling,” Olympus believes that the sustainability of a company will be recognized primarily by meeting the demands and expectations of society and fulfilling our responsibilities through dialogue with all stakeholders. Since announcing our material issues (materiality)*1 at the beginning of our Corporate Strategy in 2019, we have further strengthened our efforts to address ESG challenges. We will continue to contribute to a sustainable society by actively engaging in activities that incorporate ESG perspectives to fulfill our corporate social responsibilities on a global scale.

    For more information on our ESG initiatives, please refer to the Integrated Report 2021*2 and the Sustainability Report 2021*3.

    *1: The following five materiality items were identified; “Healthcare access and outcomes”, “Compliance, product quality and safety”, “Responsible supply chain”, “Diversity and inclusion”, and “Carbon neutral society and circular economy” (this item was added in May, 2021).
    *2: https://www.olympus-global.com/ir/data/integratedreport/pdf/integrated_report_2021e_A4.pdf
    *3: https://www.olympus-global.com/csr/download/pdf/Olympus_Sustainability_Report_2021e.pdf

    About Olympus

    Olympus is passionate about creating customer-driven solutions for the medical, life sciences, and industrial equipment industries. For more than 100 years, Olympus has focused on making people’s lives healthier, safer and more fulfilling by helping to detect, prevent, and treat disease; furthering scientific research; and ensuring public safety. Olympus is headquartered in Tokyo, Japan, with more than 30,000 employees worldwide in nearly 40 countries and regions. For more information, visit www.olympus-global.com and follow our global Twitter account: @Olympus_Corp.

    Olympus Contact (Tokyo)
    Yuka Horimoto
    +81-90-2490-1071
    yuka.horimoto@olympus.com

  • The 30th Edition of World AI Show Highlighted the Importance of Driving AI adoption in Singapore

    The 30th Edition of World AI Show Highlighted the Importance of Driving AI adoption in Singapore

    Singapore played host to the most content-rich virtual conference on Artificial Intelligence and related future-tech on Thursday, 18 November 2021. Hosted by Trescon, World AI Show convened over 300 online participants that included major stakeholders of Singapore’s AI ecosystem including government authorities, top AI experts and solution providers. The online conference featured leading AI organizations such as Dataiku, Denodo and Snowflake to discuss Singapore’s AI prospects.

    An image from World AI Show – Singapore; panel discussion streamed live on 18 November 2021

    The event focused on key topics such as Outlining how the government is using AI to enhance government services; Leveraging digital transformation through AI strategy; AI strategy: The epiphany of digital transformation; The increasing use of AI in the pharmaceutical industry; How artificial intelligence is changing the world of cloud computing; What is the Role and Future of AI in CX Excellence; How do you keep your organization up to date with emerging AI technologies and solutions and much more.

    Some of the top speakers who attended the event that took place on 18 November 2021 included:
    – Dimitrios Kalogeropoulos, Digital Health and Innovation Expert, Senior Independent Consultant, WHO
    – Richard Jones, VP APAC, Dataiku
    – Alex Hoehl, Senior Director, Partner Channel Sales & Business Development, APAC, Denodo
    – Shaun McGirr, AI Evangelist, Dataiku
    – Peter Henstock, ML & AI Lead, Pfizer
    – Lofred Madzou, AI Project Lead, World Economic Forum
    – Sutowo Wong, Director, Data Analytics, Ministry of Health(Singapore)
    – IR. Dr. Karl Ng, VP, Data Ecosystem Development at Malaysia Digital Economy Corporation, Malaysia Digital Economy Corporation
    – Miao Song, Global CIO, GLP
    – Aaron Lee, CIO, Blue Insurance
    – Luis Carlos Cruz Huertas, Head of Infrastructure and Automation for Big Data and Analytics DBS Bank
    – Muni Vinay, SVP – Regional Head of Data – Enterprise Intelligence
    – Gaurav Dixit, Head of Analytics, Unilever Indonesia
    – Lcol Francel Margareth Taborlupa, IS Officer, National Task Force Against Covid 19
    – Meraj Khan, Head, Digital Banking Technology, Maybank

    Key highlights and takeaways from World AI Show included:

    The show kicked off with an opening keynote by Sutowo Wong, Director, Data Analytics at Ministry of Health Singapore, where he shared his insights on, ‘Outlining the Government Strategy for Health’. He was found quoting, “The Ministry of Health Singapore aims to improve the quality of healthcare delivery by creating a more comprehensive and integrated healthcare system, and reshaping health services so as to meet the needs of a rapidly ageing population.”

    Shaun Mcgirr, AI Evangelist at Dataiku spoke at length on “Economics of AI”. He was quoted saying, “Dataiku is a unified data management platform that has been engineered for data-rich enterprises. It makes it easier for enterprises to leverage their data to provide the user-centric experience they are looking for, while automating their data management process, bringing the best of the cloud into their data center.”

    While speaking about ‘Developing a strong framework for building Ethical AI’, Lofred Madzou, Project Lead for AI, at World Economic Forum, mentioned that, “A Robust framework for a new generation of AI technology will need to support three core values: fairness, transparency and accountability. Companies and governments should work together to establish and implement a set of standards and guidelines for human-centered AI and to build a common framework for the ethical development and implementation of AI solutions.”

    Mark Parkinson, Next Generation Technologies at Mars shed light on the topic ‘Leveraging AI at scale to grade cancer in animals – how ML can build a better world for pets’. Riva stated, “Our main goal is to enhance the quality of care for pets by using AI to objectively determine the efficacy of the treatments they’re receiving.”

    “The arrival of artificial intelligence and its subsequent transformation of the global business landscape has been predicted for several decades, with it projected to be one of the most disruptive technologies over the next ten years. Today, we see AI on the market in the form of robots, virtual assistance, and self-driving cars, allowing us to go about our daily lives and allowing businesses and customers to capitalise on the technology while it is still in its early stages,” says Mithun Shetty, CEO of Trescon.

    The show was hosted on the virtual events platform Vmeets which helped the participants to network and conduct business in an interactive and immersive virtual environment. Participants were also able to engage with speakers in Q&A sessions and network with solution providers in virtual exhibition booths, private consultation rooms and private networking rooms.

    World AI Show Singapore was officially sponsored by Platinum Sponsor – Dataiku; Gold Sponsor – Denodo; and Silver Sponsor – Snowflake.

    About World AI Show – Singapore

    World AI Show is a thought-leadership-driven, business-focused, global series of events taking place in strategic locations across the world.

    It connects top AI experts, enterprises, government representatives, data scientists, technology leaders, startups, investors, researchers, academicians, and global AI innovators – to discuss the impact of AI on commercial applications and the revolutionary ways it can transform businesses and government functions.

    About Trescon

    Trescon is a global business events and consulting firm that provides wide range of business services to a diversified client base that includes corporations, governments and individuals. Trescon is specialised in producing highly focused B2B events that connect businesses with opportunities through conferences, road shows, expos, demand generation, investor connect and consulting services.

    For further details, please contact:
    Monith M Shetty
    Corporate Communication Executive
    marketing@tresconglobal.com

  • Empire Token on the Rise: Empire NFT Marketplace now supports Ethereum; plans to expand to Solana and major exchange listing

    Empire Token on the Rise: Empire NFT Marketplace now supports Ethereum; plans to expand to Solana and major exchange listing

    Empire Token’s flagship utility, the Empire NFT Marketplace, is now live on the Ethereum mainnet. The Ethereum Blockchain is a global computing platform and operating system which can be used to create decentralized services and applications. Fortunately, the bright future of this blockchain now has Empire on its side. NFT creators and traders can now use Ethereum coin and Ethereum based tokens to mint and trade NFTs on the Empire NFT Marketplace. Projects that are powered by Ethereum may include anything from smart contracts, voting systems, decentralized exchanges, and much more. Constructing a bridge to the Ethereum Blockchain will be the building blocks for exciting applications to come to the Empire Ecosystem.

    Empire NFT Marketplace expansion to Solana is likewise around the corner. Solana is a company that offers enterprise-grade blockchain solutions to meet the increasing demands of enterprises. Solana is a high-performance blockchain that’s designed for modern workloads. It has all the features of Bitcoin, but it’s application system can do so much more. Solana has the scalability of Ethereum, the privacy of Zcash, and is quantum-resistant. Empire will get the best of Solana’s scalability for all its upcoming projects and ensure modern day tools are provided for the Empire ecosystem.

    Empire Token has also signed with a top-tier exchange to be revealed soon. All they can share right now is that this exchange is today, one of the world’s leading crypto exchanges in terms of trading volume according to Coinmarketcap.com, which lists it on the top 10 in terms of trading volume for cryptocurrencies globally. In the next two months, Empire will be listed on additional top 10 exchanges as the project continues to expand on the global crypto scene.

    In addition to the big exchange listing news, Empire plans to launch Goosebumps which is Empire’s own decentralized exchange and portfolio tracking platform. Aside from typical portfolio features, Goosebumps will have unique functionalities including multi-chart layout trading view, multiple wallets tracking, and alerts system for major price movements. The DEX will also have a launchpad feature, where users can easily invest in or launch their own ICOs with Empire. For investors, this means a quick and easy way to get into the booming crypto market. For entrepreneurs, it means a streamlined path to raise funds for projects without going through the tedious process of doing so themselves. The launchpad will be key to raise funds for projects. Goosebumps can also help enterprises manage their digital assets and tokens in an easier way while keeping them secure from frauds and scams.

    All of these interesting new projects to the Empire Ecosystem will be available to new and experienced users significantly faster with the help of the Empire Payment System. Empire Payment System is a payment system currently in the development phase that will allow instant conversion from FIAT to cryptocurrency and vice versa. This will make the process of transferring money from one currency to another much more efficient and easy. This system will solve a lot of problems that people have with the current payment systems that are available on the market. It will also provide a much more secure way of transferring money around for people who don’t want their information going through the internet.

    About Empire Token

    Built as a super token, Empire Token is a decentralized token on the Binance Smart Chain which brings utility stretching from DeFi applications to real-world operations. Empire’s goal is to bridge the gap between the crypto world and the real world as the latter gradually adapts to cryptocurrency. Empire aims to do this by integrating strong use cases into the token that will bring value not only to the whole DeFi and blockchain ecosystem but also the real world through innovation, utility, and modern tools. Visit https://empiretoken.world.

    Social Links
    Twitter: https://twitter.com/RealEmpireToken
    Instagram: https://www.instagram.com/empiretoken/

    Media Contacts
    Empire Token
    Abdullah Ghandour
    E: admin@empiretoken.world
    U: https://empiretoken.world

    SOURCE: Empire Token

  • Artentik: Santa Casa Drop Goes Live on December 1

    Artentik: Santa Casa Drop Goes Live on December 1

    On Wednesday, December 1, Artentik, the digital marketplace for SCML, is dropping the world’s first religious relics in the form of Non-Fungible-Tokens (NFTs) for the 500-year-old social enterprise organisation and keeper of the Museum and Church of Sao Roque in Lisbon, and houses one of the most important religious collections in Catholic Europe.

    Artentik is SCML’s curated platform to share digital twins of its treasures and encourage living artists to also sell their works as NFTs. This will enable SCML to monetize and promote its unique cultural heritage to the world while continuing its extensive 500-year support to social causes.

    St Francis Xavier

    The theme of the first drop celebrates St Francis Xavier, (7 April 1506 – 3 December 1552), who was a Navarrese Catholic missionary and co-founder of the Society of Jesus (the Jesuits). He was a companion of Ignatius of Loyola and one of the first seven Jesuits who took vows of poverty and chastity at Montmartre, Paris in 1534. He led an extensive mission into Asia, mainly in the Portuguese Empire of the time and was influential in evangelization work, most notably in India.

    He was beatified by Pope Paul V on 25 October 1619 and canonized by Pope Gregory XV on 12 March 1622. In 1624, he was made co-patron of Navarre. Known as the “Apostle of the Indies” and “Apostle of Japan”, he is considered to be one of the greatest missionaries since Paul the Apostle.

    After his death in 1552, he was buried once off the coast of China and again in Malaysia, for a total period of almost two years, before being transferred to the Basilica of Bom Jesus in Goa, India — one of his key missionary sites. Each time the body was exhumed, no natural decomposition had taken place, making Francis Xavier what is called an incorrupt saint.

    While St Francis Xavier was lying in state in 1554 in Goa a local Portuguese woman decided she wanted a piece for her private collection; she bit off the little toe of his right foot. The bone from this bite is now preserved in a reliquary in the SCML.

    The SCML Drops

    There will be five distinct items in the first drop.

    The first four NFTs are part of a 20 strong collection of paintings by Portuguese proto-baroque painter Andre Reinoso (c.1590-1641) and his collaborators. This collection of 20 paintings features the blessing of the Pope and the submission of St Francis Xavier to the Church of Rome. These paintings were placed on the Sacristy of the Church of St. Roch in 1619, three years before the official canonization of St. Francis Xavier on the 12th of March 1622 and were part of immense religious “propaganda” about the life and the work of the great Jesuit missionary, and in order to speed up the process of canonization by the Catholic Church.

    The first four paintings of the collection have been converted into NFTs. Each painting in the collection will be restricted to 20 mints in total. The four first mints will be sold via auction.
    The fifth item in the first drop is a reliquary of St Francis Xavier. This reliquary comes from the 18th century and measures 15,5 x 10 cm. In total, 1 million NFTs will be minted of this reliquary, but only 10,000 released in the first drop. This is a fixed price NFT at EUR100 each.

    When and where

    The auction and sale open at Artentik.com on December 1st, Independence Restoration Day in Portugal, at 00.05 UTC and will run until December 3rd, the feast day of St Francis Xavier. To receive updates, visit the site and provide an email address.

    The next drop will begin two days afterwards and drops will continue though out December.
    Message from the President of SCML

    “In Lisbon, SCML enjoys a warm relationship with residents and visitors to the museum and church and we see a way of extending that relationship globally, and to new generations, through NFTs,” says Edmundo Martinho, President of SCML.

    “We have 500 years’ worth of priceless treasures from baroque art to graffiti art that we are keen to share with lovers of art, antiquities and religious history. By creating our own digital window, Artentik, people can view our unique cultural assets, own a digital replica of them through NFTs, and know that the proceeds will be used for social enterprise activities. This is a cultural democratisation of museums, and we are delighted to embrace it,” he added.

    Tech layer

    Artentik, www.artentik.com, is built on Polygon, the full stake scaling solution, on the Ethereum blockchain offering faster transaction speeds, Proof of Stake leading to minimum environmental impact, and reliability. Payment for NFTs will only be accepted in cryptocurrency.

    Polygon’s NFT ecosystem has been rapidly growing with more than 100+ NFT Dapps including Opensea, Aavegotchi, Zed Run, Neon District, Megacryptopolis building on Polygon.
    Artentik is a joint venture with Boloro Global Limited, a New York City based technology company.

    For more history on the SCML – visit here: bit.ly/3o8HMyA

    About SCML

    SCML is a not-for-profit organisation overseen by the Portuguese Minister in charge of Social Security. Since its founding in 1498, SCML has focused on social enterprise works, and since 1783 it has held the right to operate lotteries to fund health and social initiatives. These now include various national lotteries, the Euromillions lottery and online gaming. Revenues earned from this activity are put back into society through social enterprise programmes.

    Since the start of the 21st century, SCML has focused on expanding its social enterprise work to a broader segment of the population. SCML operates hospitals, invests heavily into scientific and medical research in neuroscience, funds education and training programmes, aggregates social entrepreneurship activities, runs a free paediatric dentistry service, works with other bodies to focus on the care of the 65+ population, and during the COVID-19 pandemic helped the elderly in social isolation as well as setting up a free online psychological support platform.

    Over the centuries SCML has accumulated a vast artistic and cultural collection, including the Museum and Church of Sao Roque.

    About Boloro

    Boloro Global Limited (BGL) is a New York City headquartered technology company, specializing in proprietary platforms for non-fungible tokens (NFTs), e-commerce based lotteries and gaming, as well as unique multi-factor and multi-channel authentication that is patented in 84 countries. BGL is a member of the Vatican Council for Inclusive Capitalism as well as telecom and other industry associations. Please see www.Boloro.com for more information.

    About Polygon

    Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium etc and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 350+ Dapps, ~128M txns and ~1M+ unique users.

  • NextPlay’s NextFin Division Receives Conditional License Approval for Insurance and Re-insurance Offerings

    NextPlay Technologies, Inc. (NASDAQ: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, announced that its NextFin Division has received conditional approval of its general insurance and re-insurance license application from the Labuan Financial Services Authority (Labuan FSA), a growing jurisdiction of choice by insurers and insurance intermediaries around the world.

    The licensing enables NextPlay’s fintech division to establish primary insurance operations, NextShield LTD, that looks to initially offer products in the form of block-chained parametric comprehensive travel insurance and bank deposit insurance. These products can be offered directly to businesses globally, as well as further enhance the offerings of NextPlay’s other operating units, such as NextBank International, where it could help attract more sizeable deposits due to the licensed insurance coverage.

    The re-insurance license enables the company to establish re-insurance operations, NextShield Re, which can offer to investors tokenized fully compliant insurance-linked securities (ILS). The company is expected to begin selling insurance policies in 2022.

    Todd Bonner, head of NextPlay’s fintech division, will be leading the new insurance initiatives. He brings to the program significant experience in the insurance industry, including co-founding Pacific Century Insurance with Richard Li in Hong Kong which eventually exited in a $888 million transaction.

    According to Bonner: “We are grateful to the Labuan FSA for working through the application process with us in a constructive manner and giving NextPlay the opportunity to push the boundaries of insurance and re-insurance innovation with a product portfolio that will be unique to the industry. We believe our initial products will offer clients a much-needed continuum of protection which has yet been unavailable to them under one policy. Of equal importance, we will offer easy and efficient onboarding. We are crypto-friendly, and NextBank and NextShield welcome partners globally.”

    For partnership inquiries, contact todd.bonner@nextplaytechnologies.com.

    About NextPlay Technologies

    NextPlay Technologies, Inc. (Nasdaq: NXTP) is a technology solutions company offering games, in-game advertising, crypto-banking, connected TV and travel booking services to consumers and corporations within a growing worldwide digital ecosystem. NextPlay’s engaging products and services utilize innovative AdTech, Artificial Intelligence and Fintech solutions to leverage the strengths and channels of its existing and acquired technologies. For more information about NextPlay Technologies, visit www.nextplaytechnologies.com and follow us on Twitter @NextPlayTech and LinkedIn.

    Forward-Looking Statements
    This press release includes “forward-looking statements” within the meaning of, and within the safe harbor provided by the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations, opinions, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including “will,” “may,” “expects,” “projects,” “anticipates,” “plans,” “believes,” “estimate,” “should,” and certain of the other foregoing statements may be deemed forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Factors that may cause such a difference include risks and uncertainties including, and not limited to, our need for additional capital which may not be available on commercially acceptable terms, if at all, which raises questions about our ability to continue as a going concern; the fact that the COVID-19 pandemic has had, and is expected to continue to have, a significant material adverse impact on the travel industry and our business, operating results and liquidity; amounts owed to us by third parties which may not be paid timely, if at all; certain amounts we owe under outstanding indebtedness which are secured by substantially all of our assets and penalties we may incur in connection therewith; the fact that we have significant indebtedness, which could adversely affect our business and financial condition; our revenues and results of operations being subject to the ability of our distributors and partners to integrate our alternative lodging rental (ALR) properties with their websites, and the timing of such integrations; uncertainty and illiquidity in credit and capital markets which may impair our ability to obtain credit and financing on acceptable terms and may adversely affect the financial strength of our business partners; the officers and directors of the Company have the ability to exercise significant influence over the Company; stockholders may be diluted significantly through our efforts to obtain financing, satisfy obligations and complete acquisitions through the issuance of additional shares of our common or preferred stock; if we are unable to adapt to changes in technology, our business could be harmed; our travel business depends substantially on property owners and managers renewing their listings; if we do not adequately protect our intellectual property, our ability to compete could be impaired; our long-term success depends, in part, on our ability to expand our property owner, manager and traveler bases outside of the United States and, as a result, our business is susceptible to risks associated with international operations; unfavorable changes in, or interpretations of, government regulations or taxation of the evolving ALR, Internet and e-commerce industries which could harm our operating results; risks associated with the operations of, the business of, and the regulation of, Longroot and NextBank International (formerly IFEB); the market in which we participate being highly competitive, and because of that we may be unable to compete successfully with our current or future competitors; our potential inability to adapt to changes in technology, which could harm our business; the volatility of our stock price; the fact that we may be subject to liability for the activities of our property owners and managers, which could harm our reputation and increase our operating costs; and that we have incurred significant losses to date and require additional capital which may not be available on commercially acceptable terms, if at all. More information about the risks and uncertainties faced by NextPlay are detailed from time to time in NextPlay’s periodic reports filed with the SEC, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, under the headings “Risk Factors”. These reports are available at www.sec.gov. Other unknown or unpredictable factors also could have material adverse effects on the Company’s future results and/or could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made only as of the date hereof. The Company takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by the Company. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

    SOURCE: NextPlay Technologies, Inc.

    Company Contacts:
    Richard Marshall
    Director of Corporate Development
    NextPlay Technologies, Inc.
    Tel (954) 888-9779
    Email: richard.marshall@nextplaytechnologies.com

  • Tiger Brokers (Singapore) Expands Offerings with Singapore’s First L&I ETPs in Partnership with Phillip Capital Management

    Tiger Brokers (Singapore) Expands Offerings with Singapore’s First L&I ETPs in Partnership with Phillip Capital Management

    • Tiger Brokers (Singapore) (“Tiger Brokers”) today announced its partnership with Phillip Capital Management (PCM), as a new Distribution Partner for Phillip L&I Products.
    • The trading of units on Phillip L&I Products will commence on Tiger Brokers’ trading platform on 1st December 2021.

    Xiaomi-backed online brokerage Tiger Brokers (Singapore) (Tiger Brokers) today announced its partnership with Phillip Capital Management (PCM), the award-winning Asian fund management company. Tiger Brokers has joined PCM as a new Distribution Partner and a Participating Dealer for PCM’s two newly launched exchange-traded products, namely Phillip MSCI Singapore Daily Leveraged & Inverse Products (collectively “Phillip L&I Products”).

    With effect from 1 December 2021, Singapore-based traders and investors[1] will be able to trade Phillip L&I Products through Tiger Brokers’ platform, Tiger Trade. These products would allow investors and traders to achieve a constant daily leveraged or inverse exposure, to the MSCI Singapore Index which covers about 85 per cent of free-float market capitalisation in the Singapore Exchange universe. The MSCI Singapore index is designed to measure the performance of the large- and mid-cap segments of Singapore equities.

    The trading of units on Phillip L&I Products will commence on Tiger Brokers’ trading platform on 1 December 2021.

    Mr Eng Thiam Choon, CEO of Tiger Brokers (Singapore), shared, “Tiger Brokers (Singapore) stays true to our commitment in helping our investors diversify their portfolio by expanding our product offerings. We believe with Phillip L&I Products availed on Tiger Trade, our trading platform, we can meet the needs of investors and traders who are looking for tactical trading tools that can help them trade through the use of leverage and inverse exposure to gain daily rebalancing results.”

    Combining futures-based synthetic replication strategy and direct investments into the underlying Securities of the Index, Phillip MSCI Singapore Daily (2X) Leveraged Product provides investment results that closely correspond to twice (2x) the daily performance of the MSCI Singapore Index. On the other hand, Phillip MSCI Singapore Daily (-1X) Inverse Product adopts a futures-based synthetic replication strategy, to provide investment results that closely correspond to the inverse (-1x) of the daily performance of the MSCI Singapore Index.

    Mr Linus Lim, CEO and Director of Phillip Capital Management, shared, “We are happy to welcome Tiger Brokers (Singapore) as one of our PDs as it is well established and positioned in the online trading space. Along with Phillip Securities, expanding into the online trading space with Tiger Brokers (Singapore), would definitely provide our traders and investors the flexibility to monitor the L&I Products with an on-the-go basis and ease to trade anytime they want for opportune gains.”

    Apart from Phillip L&I Products, Tiger Brokers’ investors can trade across six different exchanges – New York Stock Exchange (NYSE), NASDAQ, Shanghai/Shenzhen-Hong Kong Stock Connect, the Hong Kong Stock Exchange (HKEX), the Singapore Exchange (SGX) and the Australian Securities Exchange (ASX), with access to other trading opportunities such as Equities, different types of Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, Callable Bull/Bear Contracts (CBBCs), Daily Leveraged Certificates (DLCs), US-listed over the counter (OTC) equities and Fund Mall.

    The Tiger Trade mobile application is available for download on Apple App Store and Google Play store.
    – Apple App Store: https://apps.apple.com/sg/app/id1023600494
    – Google Play Store: https://play.google.com/store/apps/details?id=com.tigerbrokers.stock

    [1] Investors who are qualified to buy Specified Investment Products (SIP)

    About Tiger Brokers (Singapore) Pte Ltd.
    Tiger Brokers (Singapore) Pte Ltd (“Tiger Brokers (Singapore)”) is a brokerage firm operating with a Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore (MAS). Its trading platform, Tiger Trade – available on both online and mobile app (Apple App Store and Google Play Store) offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates. Its online and mobile app trading platform, Tiger Trade, offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates.

    Through Tiger Trade, Tiger Brokers (Singapore) offers retail investors in Singapore access to six global exchanges in the US (NYSE, NASDAQ), China (Shanghai/Shenzhen-Hong Kong Stock Connect), Hong Kong (HKEX), Singapore (SGX) and Australia (ASX), with access to investment offerings such as Equities, Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, Callable Bull/Bear Contracts (CBBCs), Daily Leveraged Certificates (DLCs), and US-listed over the counter (OTC) equities, and Fund Mall.

    Tiger Brokers (Singapore) is the Singapore entity of UP Fintech Holding Limited (NASDAQ: TIGR), known as “Tiger Brokers” in Asia, a leading online brokerage firm focusing on global investors. Founded in 2014, Tiger Brokers became #1 in the U.S. equity trading by volume among trading platforms catered to Global Chinese investors in less than two years. Tiger Brokers was awarded “2017 Fintech 250” by CB Insights and shortlisted for “China Leading Fintech 50” for two years in a row by KPMG China. The company was listed on NASDAQ under “TIGR” in 2019 and has offices in China, United States, Australia, New Zealand and Singapore. Tiger Brokers has over 1.4 million customers worldwide currently, with a total trading volume exceeding USD123.8 billion in Q1 2021. The company is backed by well-known investors such as Xiaomi, as well as investment guru Jim Rogers.

    For more information, please visit https://www.tigerbrokers.com.sg

    About Phillip Capital Management (S) Ltd
    Incorporated in 1999, Phillip Capital Management (PCM) is a fund management company with network across the region including Singapore, Australia, Hong Kong, Indonesia, Thailand, and United Kingdom. PCM’s products and asset classes include unit trusts and segregated discretionary portfolios investing in equities, bonds, money market and private equity. PCM serves clients including private banks, insurance companies, tertiary institutions, sovereign wealth funds and Singapore government agencies and has approximately SGD 2.8 billion (Oct 2021, unaudited) of assets under management.

    A member of PhillipCapital Group, PCM has an established track record managing funds investing in the Asia Pacific region and globally, having won fund awards from Standard & Poor’s and Lipper since 2003.

    The funds managed by the Company include the following: Phillip SGX APAC Dividend Leaders REIT ETF (2016 Most innovative ETF by SGX), Phillip SING Income ETF, Phillip SGD Money Market ETF, Phillip Singapore Real Estate Income Fund, Phillip Global Opportunities Fund, Phillip Global Quality Fund, Phillip Global Rising Yield Innovators Fund, Phillip Money Market Fund, as well as Phillip US Dollar Money Market Fund. The Phillip Money Market Fund is the largest retail Singapore Dollar money market fund today.

    For media enquiries, please contact:
    PRecious Communications for Tiger Brokers (Singapore)
    Email: Tiger@preciouscomms.com

    This advertisement has not been reviewed by the Monetary Authority of Singapore.
    Any views shared with Prospective Clients (“Prospects”) are suggestive in nature and on a sample basis only. This may also be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects’ investment objectives and risk profile. Our suggestive and sample views extended to Prospects are not to be considered as recommendations made by the Company. Suggestions provided are also based on information that may be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers in not in a position to verify.

    Tiger Brokers (Singapore) Pte Ltd (herein “Tiger Brokers”) may, to the extent permitted by law, participate or invest in other transactions with the issuer of the products referred to herein, perform services or solicit business from such issuers, and/or have a position or effect transactions in the securities or options thereof. The information herein is for recipient’s information only and not an offer to sell or a solicitation to buy. Any date or price information is indicative only and may be changed without prior notice. All opinions expressed and facts referred to herein are subject to change without notice. The information herein was obtained and derived from sources that we believe are reliable, but while reasonable care has been taken to ensure that stated facts are accurate and opinions are fair and reasonable, Tiger Brokers does not represent that it is accurate or complete and it should not be relied upon as such. The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance. Investment involves risk. The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information in this document may be relied upon.

  • SPC Announces the Launch of Its Platform based on the Metaverse

    SPC Announces the Launch of Its Platform based on the Metaverse

    SPC, an Asia Capital Strategy (ACS) initiative, is a management protocol and cross-chain asset aggregation and revenue platform for creating stable, sustainable returns for users of the Metaverse ecosystem. SPC will evolve into a cross-chain asset aggregation and revenue marketplace, focused on developing innovative asset pools to create premiere offline metaverse eco-industrial parks, centered in Southeast Asia. Maximizing returns while ensuring that LP capital is as safe as possible, SPC creates a robust passive income platform to meet the needs of the Metaverse industry, further creating stable income-bearing derivatives products, such as risk-optimal return indices, as well as other derivative assets.

    Experts in the industry generally believe that in the Internet era, the PC era was Internet 1.0, the mobile Internet was era 2.0, and the Metaverse will be era 3.0. In terms of time and space, the Metaverse is a digital world that is virtual in the physical dimension but real in the temporal dimension. In terms of authenticity, the Metaverse contains digital copies of the real world as well as creations of the virtual world. In terms of independence, the Metaverse is a parallel space that is closely connected to the external real world while being highly independent. In terms of connectivity, the Metaverse is an extensive and sustainable virtual reality system that encompasses networks, hardware terminals and users.

    The basic features of the Metaverse include an immersive sensory experience; virtual clones with one or more virtual world identities; the ability to create virtual activities using the massive digital resources available; strong social attributes, with a more diverse and interactive social model than those found in the real world; and a stable, safe, and orderly virtual economic and social system. Metaverse is the future, and international groups such as Microsoft, Facebook, Amazon, Tencent, Alibaba and Toutiao, as well as Asia Capital Strategy SPC, have invested in the Metaverse industry.

    ACS: advocating Value Concept, promoting Long-term Value Investment
    Asia Capital Strategy (ACS) is a certified financial institution with a Cayman Islands Monetary Authority fund license issued to Asia Capital Strategy SPC. ACS is committed to promoting Venture Capital funds, market strategy of corporate bond issuance and the concept of long-term value investment. ACS adheres to the core concepts of value and growth and in addition to identifying undervalued value companies, it also looks for growth companies to invest in. ACS uses both top-down and bottom-up methodologies; on one hand looking at policy and industry trends, on the other using valuation models to make sound, comprehensive and holistic investment decisions.

    Asia Capital Strategy successfully promoted United Royale Holdings Corp to an OTCMARKETS listing in 2018. A modern enterprise with a royal background, and an established network in many countries and regions since its establishment in 2008, United Royale Holdings Corp is mainly engaged in agarwood plantations, perfectly combining the production, development and sales of high-end agarwood. United Royale Holdings Corp (OTCQB: URYL) has a current market capitalization of over $600 million, and is dedicated to building a comprehensive industrial chain, making it one of the most explosive stocks of the emerging markets.

    Asia Capital Strategy SPC plans to invest heavily in the ‘SPC Metaverse’ brand in Southeast Asia and establish the first SPC Technology Park in 2023, covering the development of ecosystem applications, scenario construction, technology training, and other related industries in the Metaverse. By focusing on the development of Metaverse technologies such as blockchain, Internet of Things, 3D virtual, interactive games, and artificial intelligence, SBC hopes to become a global brand name in the Metaverse industrial ecosystem.

    SPC’s plans have been recognized and supported by digital investment bank GOLDEN HORSE Exchange. SPC tokens will be issued and traded by the GOLDEN HORSE Exchange. Derivatives products based on stable income will be created in the future, inviting users to board the high-speed Metaverse train, boosting the value of SPC tokens in global circulation, and making SPC tokens a basic fuel of the global Metaverse.

    Leveraging the new Metaverse cluster industry and its tokens, SPC is expected to build a new value ecosystem ranging from industry to technology and finance, and from the physical to the virtual world. SPC is listed globally; linking SPC’s investment map to the core Metaverse and “next-generation Internet” is the long-term value.

    Media Contact
    Asia Capital Strategy SPC
    Joseph Yap, Marketing Manager
    E: support@asiacapitalstrategy.com
    U: https://www.asiacapitalstrategy.com

  • SCCG Management Unveils Nevatronix SBTVerse Sports Betting Terminal at SBC Summit North America

    SCCG Management Unveils Nevatronix SBTVerse Sports Betting Terminal at SBC Summit North America

    Stephen Crystal, SCCG Founder and CEO, announced today that the company, in a joint venture with Nevatronix, will be unveiling a new sports betting terminal at the SBC Summit – North America. The event, at the Meadowlands Exposition Center in New Jersey, will be held December 1-2 at the exhibit hall, booth #113. The new hardware product, SBTVerse, was developed by Nevatronix, a 25-year gaming product and turn-key electronics solutions provider, as part of their commitment to providing transformational and cutting edge sports betting devices to the gaming industry.

    Said Crystal, “We see this technology as a game-changing sports betting product that includes next-level fintech capabilities. This solution will not only change the landscape of what sports-wagering hardware suppliers offer today, but it will create an amazing opportunity never before showcased for our clients and partners.”

    Features of the SBTVerse sports betting terminal include:
    – Robust Steel Construction
    – 15.6″ Touch LCD
    – 27″ Touch LCD
    – Dual Bill Validators
    – Ticket Printer
    – Bar Code Reader
    – Card Reader
    – ADA Tactile / Audio Interface
    – Audio Speakers
    – Camera
    – Electronic Locks
    – Programmable RGB-LED Accent Lighting
    – Battery Backup
    – Forex
    – Crypto
    – ATM
    – Wager Payouts

    About Nevatronix

    Nevatronix is a world-class, UL Listed and ISO 9001:2015 certified fully integrated electrical engineering, manufacturing and digital design studio. One of the very few domestic electronics companies with vertically integrated processes such as precision sheet metal fabrication, machining, wire harnessing, circuit boards, 3D Printing along with electro-mechanical assembly and supply chain management, all under one roof. Located in a 70,000 square foot facility utilizing state-of-the-art technology, equipment, and processes. A highly skilled and experienced engineering, design, manufacturing, and assembly staff provide a wide range of technical capabilities that have created industry-leading, first-to-market products, which often gives customers an industry edge – Currently served industries: Kiosks, Aerospace, Amusement, BillPay, Crypto Currency, Customer Loyalty, Digital Signage, Gaming and Slot Machine, Recycling, Smart Safe, Sports Wagering, Telehealth, Valet Parking, and Vending. Priding on reliable and aesthetically pleasing high-tech electronic solutions sold worldwide. Nevatronix is your one-stop-shop for all things digital.

    About SCCG Management

    SCCG Management is a consultancy that specializes in sports betting, iGaming, sports marketing, affiliate marketing, technology, intellectual property protection, product commercialization, esports, capital formation, M&A, joint ventures, casino management, and governmental and legal affairs for the casino and iGaming industry.

    Contact:
    Stephen A. Crystal
    SCCG Management
    +1 702-427-9354

  • Charles Huang Foundation Makes Record-Breaking US$40 Million Donation to His Alma Mater, Wuhan University

    Charles Huang Foundation Makes Record-Breaking US$40 Million Donation to His Alma Mater, Wuhan University

    • Single-largest personal donation ever received by Wuhan University
    • Second alma mater donation by the Foundation this year, totaling US$110 million in grants to promote advanced education, health research, and growth-driven innovation

    Charles Huang, PhD, through his philanthropic foundation—Charles Huang Foundation (CHF)—made a donation of US$40 million to Wuhan University of China at the celebration ceremony of the university’s 128th anniversary, to express his appreciation to his alma mater and to promote the development of advanced education, health research and growth-driven innovation. This philanthropic gift is the single-largest personal donation ever received by Wuhan University. Together with the US$70 million landmark grant given by CHF to the University of Strathclyde in the UK in September, Dr Huang has donated a total of US$110 million to his two alma maters through his philanthropic foundation this year.

    Dr Charles Huang, Founder and Chairman of Charles Huang Foundation (Right), and Professor Dou Xiankang, President of Wuhan University (Left), jointly signed the unprecedented grant agreement

    The donation was formally made at a virtual signing ceremony held between Wuhan University campus in China and the Foundation headquarters in Pasadena, California, earlier today.

    The US$40 million funding will be used to provide significant and long-lasting support for Wuhan University to attract and recruit top scholars, develop and create innovative and entrepreneurial talents with exceptional leadership skills, and advance research and teaching capabilities, especially in the field of Management Science at Wuhan University’s School of Economics and Management.

    Dr Huang, Founder and Chairman of CHF said, “My study in Wuhan University signified the starting point of my journey to the world beyond and I deeply believe that all my achievements are based upon the excellent education that I received.”

    “Today I’m fulfilling the promise I made to donate at least $100 million of my personal wealth to my alma maters in China and the UK upon my firm achieving tremendous business goals within 5 years after its formation,” added Dr Huang.

    Dr Huang established the private equity firm, Pasaca Capital Inc., in Los Angeles at the end of 2016. Since then, Pasaca has delivered on Dr Huang’s vision to set the world record for rapid growth on revenue, speed and scale within the first 5 years. Pasaca has now earned its place among other legendary businesses globally.

    “As his alma mater, we are very proud that Wuhan University helped to cultivate such a global visionary entrepreneur like Dr Huang. We would like to express our sincere thanks to our alumnus Dr Huang and Charles Huang Foundation for this tremendously generous donation to the university, which will help us cultivate first-class innovative talents, enhance our capabilities in scientific research and innovation, and contribute to Wuhan University’s development into a world-class university with uniquely Chinese characteristics,” said Professor Dou Xiankang, President of Wuhan University.

    Following the completion of his bachelor’s degree in economics at Wuhan University, and MBA and PhD studies in the UK, Dr Huang joined James Capel (Now HSBC Securities) in Hong Kong where he became a pioneer in Chinese equity research. Later joining Credit Lyonnais and BNP Paribas he was recognized as having “the Midas touch” because of his unrivaled stock selection skills and impeccable stock market calls. Dr Huang participated in and led over 20 IPOs prior to becoming a celebrated business executive in private and publicly traded companies.

    In 2016, Dr Huang founded Pasaca Capital Inc. in Pasadena, California. With a focus on medical devices, pharmaceuticals, TMT, industrial & automation, and food ingredient sectors, Pasaca Capital seeks to improve the human condition globally. One of Pasaca Capital’s portfolio companies, Innova Medical Group Inc. is the global leader and the largest supplier of COVID-19 antigen rapid testing in the world with manufacturing facilities in the US, the UK, France, Singapore, and China. To date, Innova Medical Group has delivered more than two billion rapid tests worldwide.

    On November 1, 2021, Dr Huang was named “2021 Philanthropreneur of the Year” by the California State Assembly in recognition of the exceptional leadership he demonstrated while building the California-based private equity firm Pasaca Capital Inc. into a global evergreen fund with unprecedented scale and speed, and his commitment to improving the human condition by making large donations through his foundation. Pasaca Capital was also named “2021 Business of the Year” by the California State Assembly for its extraordinary contributions to the State of California and the world.

    On November 11, 2021, Innova Medical Group, Inc. established a global joint venture, Sino-Innovax Biotech Pte Ltd, with Sinopharm’s China National Biotech Group (CNBG) with a focus on providing critical vaccines to the world population, including the highly sought-after World Health Organization-approved COVID-19 vaccines.

    For more information about Dr Huang and his foundation, please visit www.charleshuangfoundation.org.

    About Charles Huang Foundation’s Donation to Wuhan University
    The US$40 million donation will mainly support six programs:

    • Pasaca/Innova Endowed Chair Fund: Attract and recruit world-leading scholars to advance research and teaching in management science, natural sciences, and medicine/medical/health-related areas.
    •  Innova Excellence Scholarship Program: A merit-based scholarship program to reward the most outstanding and innovative students to encourage innovation in scientific research.
    • Innova Award for Undergraduate Innovation Achievement: Reward students with exceptional “Innovation, Originality and Entrepreneurship” achievements and help students develop innovation and entrepreneurship competence.
    • Innova International Exchange Scholarship Program: Help Wuhan University develop more creative and innovative talents with a global vision and international competitiveness through sponsoring scholarship exchanges with world-leading universities.
    • Innova Center for Innovation and Entrepreneurship: Construct a new building that will provide a best-in-class public platform and facilities in Mainland China to support undergraduate independent innovation, school-enterprise collaborative education, and entrepreneurship.
    • Pasaca Education Fund for the Economics and Management School of Wuhan University: A special Education Fund exclusively for the Economics and Management School to attract and recruit top-rated scholars and outstanding talents in the fields of Management Science, facilitate international exchange programs, and fund the Outstanding Academic Achievement Award.

    About Pasaca Capital Inc.
    Headquartered in Pasadena, CA, US, Pasaca Capital Inc. is an evergreen private equity investment firm focused on innovative technologies and products that benefit the world. With a focus on medical devices, pharmaceuticals, TMT, industrial & automation, and food ingredient sectors, Pasaca Capital seeks to improve the human condition globally. Pasaca portfolio companies operate in Europe, Middle East, SE Asia, and North America. Portfolio companies include Innova Medical Group Inc, Sweegen Inc, Meepo Inc., ATL Group Ltd, ASOCS, Caton Technology and others.

    For more information about Pasaca, please visit www.pasacacapital.com.

    About Innova Medical Group, Inc.
    Innova Medical Group, Inc. is a global health screening and diagnostic innovator driven to dramatically improve health outcomes worldwide with equitable, high-value testing solutions. A uniquely strategic and iterative approach enables Innova Medical Group to create, build and deploy a myriad of accessible tests customized to meet and empower users at their point of need. With a panoramic vision spanning the present to the future, Innova Medical Group develops trusted solutions that are both intuitive and secure to use. Innova has quickly and nimbly become the world’s largest provider of COVID-19 tests, and is determined to execute on this model across infectious diseases, other chronic conditions and wellness.

    For more information about Innova Medical Group, Inc., please visit: www.innovamedgroup.com

    For press inquiries:
    Strategic Financial Relations (China) Limited
    Anita Cheung Tel: (852) 2864 4827 Email: anita.cheung@sprg.com.hk
    Chris Lee Tel: (852) 2864 4963 Email: chris.lee@sprg.com.hk