Author: Marie Jones

  • SCCG Management and Booming Games Bring Uniquely Themed, Next Level Games to North American iGaming Industry

    Stephen Crystal, Founder of SCCG Management, announced today a partnership with Booming Games to bring its next-level slot game content for the US iGaming industry.

    Stephen Crystal said of the event, “Identifying truly next-level content in the ocean of available games is a challenge. We believe that Booming Games is one of those rare gems. Booming Games in-house designs and its complete back-office solution provide operators with feature-rich game content and bonus games, and optimized for mobile deployment as HTML5 content.”

    Privately-held Malta-based Booming Games is licensed and regulated in Great Britain and Malta. The company supplies Type 1 gaming services under a B2B – Critical Gaming Supply License issued in 2018. Booming Games delivers high-end, next-level gaming to the slots market. Offering an established portfolio that encompasses uniquely themed games, innovative features, and volatilities to satisfy every spectrum of the player market. We utilize the knowledge of seasoned experts, who apply their years of expertise in the industry to craft games to the highest of standards, harnessing proven formulas for success, combined with the latest developments in the gaming industry.

    About SCCG Management

    SCCG specializes in investment in and developing worldwide brands, representation before governmental agencies for complex regulatory matters, intellectual property, and strategic business development within international, land-based casinos, internet gambling, gaming, esports, and entertainment markets.

    About Booming Games

    Malta-based Booming Games delivers high-end, next-level gaming to the slots market. Offering an established portfolio that encompasses uniquely themed games, innovative features, and volatilities to satisfy every spectrum of the player market. They utilize the knowledge of seasoned experts, who apply their years of expertise in the industry to craft games to the highest of standards, harnessing proven formulas for success, combined with the latest developments in the gaming industry. Booming Games? ever-growing catalog consists of over 50 games, all of which are crafted to be fun, engaging and keep players coming back for more, from uniquely novel configurations and interfaces to highly entertaining themes and characters.

    Contact:
    Stephen A. Crystal
    SCCG Management
    +1 702-427-9354
    stephen.crystal@sccgmanagement.com
    Visit us on social media:
    LinkedIn

    Source: https://sccgmanagement.com/

  • New Ulaanbaatar International Airport Set to Open in Mongolia

    New Ulaanbaatar International Airport Set to Open in Mongolia

    Mitsubishi Corporation (MC), Narita International Airport Corporation (NAA), Japan Airport Terminal Co., Ltd. (JAT), and JALUX Inc. (JALUX) are pleased to announce that the New Ulaanbaatar International Airport (Official name: Chinggis Khaan International Airport) will be officially opened to the public on July 4, 2021.

    The new airport will be operated by the partners’ joint venture with the Mongolian government that was established in 2019. Under the terms of its concession agreement with the government, New Ulaanbaatar International Airport LLC (NUBIA) will be in charge of airport operations for the next 15 years.

    Location: Tuv Province, Mongolia (about 50 km southwest of Ulaanbaatar City).
    Annual Passenger Traffic: 1.61 million passengers (1.2 million for international and 410,000 for domestic routes).

    The new airport was originally scheduled to commence operations in 2020, but the opening was delayed because of the COVID-19 pandemic. All assets have now been safely transferred from the old airport (Buyant-Ukhaa International Airport), thereby readying the new airport for flights and passenger traffic.

    Although the pandemic has significantly reduced air travel in Mongolia, demand for flights is expected to increase over the medium to long term, particularly in Ulaanbaatar, the country’s capital and center of its political and economic activity. The new airport will likely play an increasingly prominent role over the coming years.

    In operating the new airport, NUBIA will be taking advantage of the combined expertise of its four shareholders. MC boasts a strong track record in airports and other infrastructure projects in Japan and around the world, while NAA and JAT operate Narita International Airport and the passenger terminal buildings at Haneda Airport respectively. JALUX is engaged in airport retail businesses and also has experience managing overseas airports. In addition to prioritizing passenger safety, security and comfort, NUBIA plans to leverage the new airport to increase the number of routes and flights servicing Ulaanbaatar, develop attractive in-terminal commercial facilities, and otherwise enhance the new airport’s services and profitability.

    While maintaining all precautions to prevent the spread of COVID-19, NUBIA is committed to building on a facility that is already being heralded as a symbol of bilateral cooperation between Japan and Mongolia, and in operating the new airport efficiently, the joint venture will do its best to contribute to the sustainable development of Mongolia’s economy and society.

    1. Mitsubishi Corporation
    A global integrated business enterprise that develops and operates businesses across virtually every industry including natural gas, industrial materials, petroleum & chemicals solution, mineral resources, industrial infrastructure, automotive & mobility, food industry, consumer industry, power solution and urban development.
    URL: www.mitsubishicorp.com

    2. Narita International Airport Corporation
    Establishment and management of Narita International Airport
    URL: www.naa.jp

    3. Japan Airport Terminal Co., Ltd.
    JAT’s main lines of business are Terminal Building Management at Haneda Airport as well as associated Merchandise and Food & Beverage sales.
    URL: www.tokyo-airport-bldg.co.jp

    4. JALUX Inc.
    Aviation & Airport-related business, Life Service Business, Retail Business, Food & Beverage Business
    URL: www.jalux.com

    5. NUBIA : New Ulaanbaatar International Airport LLC
    Operation of New Ulaanbaatar International Airport (Chinggis Khaan International Airport)
    Shareholders:
    Japan Airport Management LLC: 51.0% (Special Purpose Company funded by MC, NAA, JAT and JALUX)
    Khushigiin Khundii Airport Stated Owned LLC: 49.0% (Special Purpose Company funded by Govt of Mongolia)
    URL: http://www.nubia.mn

    For more information, please visit: https://www.mitsubishicorp.com/jp/en/pr/archive/2021/html/0000047394.html.

  • Mitsubishi Corporation: Mobility & Regional Contents Pilot Project Launched in Smart City Aizuwakamatsu

    Mitsubishi Corporation: Mobility & Regional Contents Pilot Project Launched in Smart City Aizuwakamatsu

    Mitsubishi Corporation (MC), Shobunsha Holdings, Inc. and Shobunsha subsidiary MAPPLE, Inc. (MAPPLE) are pleased to announce the signing of a memorandum of understanding (MoU) between MC and MAPPLE regarding joint studies on new tourism services.

    The services will combine each company’s unique expertise with advances made by HERE Technologies (HERE)(1), a leading provider of location-based information technologies. The partners recently launched a pilot project to create localized mobility demand in the Aizukawamatsu “smart city’ in Fukushima Prefecture. The project is being undertaken in collaboration with the Aizuwakamatsu Tourism Bureau, a general incorporated foundation.

    Screenshots of the Castle-Town Tour App

    Aims Under the MoU
    Although the tourism industry has been hit hard by the COVID-19 pandemic, it is expected to enjoy robust growth over the medium to long term and be one of the main drivers of regional revitalization in Japan. Through these studies, MC hopes to develop real-world applications for location-information services that take advantage of HERE’s technologies, and to grow its know-how through cross-industry business developments. MAPPLE intends to leverage the studies to help stimulate Japan’s regional revitalization efforts through creative applications of map and other tourism services.(2)

    In the future, the partners plan to develop a platform for regional mobility services that will enable connectivity between a wide range of services and service providers in both digital and real worlds. The efforts underway in Aizuwakamatsu City are a good first step towards creating mobility services that not only effectively marry digital contents with physical means of transport, but also showcase the unique appeal of each region and what tourists can expect to enjoy there.

    The Pilot Project in Aizuwakamatsu City
    The trials being carried out MC and MAPPLE have two focuses: (1) Delivery of local-tour-related content and a rental-bicycle booking service; and (2) Visualization and analysis of users’ mobility data.

    Outline of Pilot Project
    (1) Delivery of Local-Tour-Related Content and Rental-Bicycle Booking Service
    The partners have developed digital content for visitors to Tsuruga Castle, one of the most famous tourist spots in the Tohoku (northeast) region of Japan. The content helps to provide visitors with a “smooth mobility experience” by using a routing function and other technologies from HERE to recommend tours of the region’s most popular attractions. Users can then select their preferred courses, and they can use the same platform to book rental bicycles managed by the Aizuwakamatsu Tourism Bureau.

    The rented bicycles can help visitors to navigate the castle town’s complex network of streets, ease traffic congestion and reduce the region’s carbon footprint. In the future, MC and MAPPLE also plan to connect this bicycle service with other means of transportation to further optimize the region’s mobility environment.

    (2) Visualization and Analysis of Users’ Mobility Data
    The partners plan to link data on user attributes, preferences and mobility (obtained via GPS technology mounted on the rental bicycles) and then use HERE’s location platform to visualize and analyze those data. The results will be used to create new localized mobility demand, offer users personalized travel itineraries, and otherwise help tourists to enjoy a stress-free mobility experience.

    For more information, visit https://www.mitsubishicorp.com/jp/en/pr/archive/2021/html/0000047442.html.

  • Jinjiang Wulin Qiaopi Hall Included in UNESCO’s Memory of the World Register

    Jinjiang, China, July 2, 2021 – (ACN Newswire) – With the recent approval of UNESCO Memory of the World Program’s Sub-Committee on Education and Research and the National Archives Administration of China, the Fujian Provincial Archives and Jinjiang Municipal Archives jointly established Jinjiang Wulin Qiaopi Hall as the practice base of the “Memory of the World Program Knowledge Center – Fujian”.

    Wulin Qiaopi Hall.
    Citizens read Qiaopi at Wulin Qiaopi Hall.
    Simulation of Qiaopi Office at the first floor.

    It is reported that the MoW Knowledge Center – Fujian is located in the Fujian Provincial Archives, which is responsible for assisting the China National Committee of the Memory of the World Program and the UNESCO Memory of the World Program’s Sub-Committee on Education and Research. It aims at strengthening the research on the value of the Qiaopi archives, developing different forms of archival products and promoting the communication, promotion and utilization of the MoW program across countries, regions, and communities.

    Qiaopi, commonly known as “Fanpi” and “Yinxin”, is a collective term for letters and remittances sent home by overseas Chinese through private channels. The name “Qiao (overseas Chinese) Pi” came as the Southern Min dialect pronounces “xin (letter)” as “pi”.

    The hall reminds people of how the Qiaopi Office operated during the period of the Republic of China. People can request a letter from an old writer here. Also, they may interpret the stories of overseas Chinese entrepreneurs from the aged Qiaopi and their belongings, and feel their patriotism, love for hometown, and zeal for public welfare.

    It is an immersive cultural experience. People can view the development history of Jinjiang as an Overseas Chinese Hometown, and appreciate the overseas Chinese culture of Jinjiang and even Fujian Province.

    The base will serve as a demonstration center to promote Qiaopi culture in Fujian Province. It will work with the MoW Knowledge Center – Fujian to build a conservation, research and promotion platform of Qiaopi archival legacies with local characteristics and to add another popular travel destination to inherit and develop the “Jinjiang Experience” of innovation and development.

    Contact:
    Lisa Wu, lisa_wu916@163.com
    http://www.jinjiang.gov.cn/xxgk/gzdt/jjyw/202106/t20210622_2576937.htm

  • Crypto Copy-Trading Platform Reaches a Milestone, Announces Giveaway

    Crypto Copy-Trading Platform Reaches a Milestone, Announces Giveaway

    Copy-trade platform ProfitFarmers recently passed the 4,000 member mark, a major testimony to their product’s user-value and market adoption. To celebrate, they are giving away over $1800 worth of memberships.

    “Each lucky winner will not only walk away with 3 months full access to our platform, trading tools and premium trading signals but their friend can too! On top of that they will get access to our trading academy and educational materials to get them up to speed as quickly as possible,” says Matthew Tansley, Founder of ProfitFarmers (https://www.profitfarmers.com/founder).

    Registration can be completed by heading over to their announcement blog post and filling in the sign up form. There are 3 prizes available, all of which offer the winner 3 months premium membership worth $600 each:

    – 1st prize (3 months membership worth $600) is awarded based on a lucky draw, meaning anyone can win just by entering the competition.
    – 2nd prize (3 months membership worth $600) is awarded by gathering points awarded for sharing social media posts and other simple actions.
    – 3rd prize (3 months membership worth $600) will be awarded to the friend that referred the 1st winner!

    ProfitFarmers is designed to be ‘your crypto co-pilot’, taking the major pain points out of trading.

    “We specialise in making profitable cryptocurrency trading easy and accessible for everyone, so we are thrilled to be able to give this opportunity to even more people! We hope that we can raise awareness amongst retail traders and show them that with the help of a little technology anyone can trade like a pro,” says Matthew Tansley, Founder of ProfitFarmers.

    Winners will be chosen on the 1st of August and announcements will be placed on the ProfitFarmers blog. For full details, visit the competition page here: https://www.profitfarmers.com/premium-signals-subscription-giveaway

  • Anta Presents Team China’s High-tech Podium Uniform for Tokyo Summer Olympics

    Anta Presents Team China’s High-tech Podium Uniform for Tokyo Summer Olympics

    Chinese sportswear brand Anta presented Team China’s podium uniform for the Tokyo Olympics, called ‘Champion Dragon Clothes’ on June 25 in Beijing. The uniform is designed by Tim Yip, also known as Ye Jintian, the renowned art director,

    visual artist and Oscar winner for best art design.

    According to Ye, the uniform combines Chinese traditional cultural icons, beauty and advanced sportswear technologies. The designer said he hoped to show the beauty of Chinese culture in the most creative design language to the world.

    “This is probably the longest time in history it took to design the Champion Dragon Clothes for Team China. It’s different from designing costumes for movies or shows. We need to show the beauty of athletes’ bodies, so we have conducted many studies,” said Ye.

    “We also used many advanced technologies and high-quality materials for different functions of the uniform. During the process, I’ve been impressed by Anta’s technologies, especially the shoes. It’s fresh and interesting for me to learn about making sneakers lightweight, yet with good breathability and durability at the same time.”

    Working with the Chinese Olympic Committee for 16 years, Anta has invested over 3 billion yuan ($460 million) in the research and development of sportswear technology. Throughout the years, Anta has provided sportswear to 28 Chinese national teams in different Olympics.

    Anta also launched specially-designed sportswear and equipment for different sports at Friday’s event. For example, the custom-made weightlifter’s shoes are 2.5 times stronger than regular footwear and can handle weights of more than a ton.

    The unique support system of the weightlifting suit can improve waist support and prevent muscle strain; while the wrestling uniform, with anti-grab fabric technology, reduces the chance of being grasped by the opponent. Gymnastics and trampoline suits are tailored in 3D to protect the human body from injury in every movement, particularly high-intensity aerial movements, and from being affected by wind resistance.

    With the help of the competition equipment created by Anta, Chinese athletes have won 111 medals in various world competitions, including the Olympics. Anta has applied each of these sports science and technology achievements to commercial sports equipment, using technology to protect every sports enthusiast.

    “Sponsoring Olympic teams has always been one of our focuses. We have provided sportswear for Olympics in different climates as well, and we have more than1,400 patents to show for it,” said Wu Yonghua, executive director of Anta Group.

    “We work closely with the Chinese Olympics, yet we work with Chinese sports generally. As we designed the Team China podium uniform to show the best of Chinese culture, we also use the best sports technology to manufacture it.”

    Media Contact:
    Kennth Ko
    overseas@anta.com
    www.ANTA.com
    400-885-6000

  • NovelPlus Makes Successful Debut on LEAP Market

    NovelPlus Makes Successful Debut on LEAP Market

    NovelPlus Technology Berhad(NTB or the Group), an online social reading and writing platform developer and operator, successfully listed on the LEAP Market of Bursa Securities Malaysia Berhad today at RM0.25 per share, above the offer price of RM0.15 per share.

    NTB Chief Executive Officer, Crystal Lai
    The Group has an e-book library comprising over 37,000 published novels in Bahasa Melayu and Bahasa Indonesia with an ecosystem comprising over 2.1 million users, of which approximately 10,000 are registered as writers and the rest are readers.

    The platform operates under the name NovelPlus, with the content being accessed through the Group’s mobile application and web browser. NovelPlus operates on a freemium model where readers can access the platform for free or pay a subscription fee to enjoy an advertisement-free reading experience.

    The NovelPlus platform allows readers to browse and select e-books, personalise their experience and manage their profile as well as interact with writers registered on the platform. For writers, the NovelPlus platform allows them to write, edit and self-publish their serialized novels, build readerships and receive reviews and tokens of appreciation from readers. Advertisers can also advertise on the mobile application and web browser, with the advertisements targeted towards users who are not subscribed.

    Chief Executive Officer of NTB, Crystal Lai, said the Group is now in a better position to focus on new business expansion and pursue future growth opportunities after the successful listing.

    “NovelPlus continues to innovate and evolve for the needs of our users. This is the beginning of an evolution for NovelPlus and we will continue to make improvements that mirror our users’ needs.”

    The Group’s plans include expanding the content of its library to include e-books published in both Bahasa Melayu and Bahasa Indonesia as well as other languages from Southeast Asia, where e-books have seen healthy growth from US$308.1 million (RM1.3 billion) in 2016 to US$382.9 million (RM1.6 billion) in 2019, which is a compound annual growth rate (“CAGR”) of 7.5%. Moving forward, the e-book market size may register CAGR of 6.4% between 2020 and 2022, to reach US$461.0 million (RM1.9 billion).

    TA Securities Holdings Berhad is the approved adviser, placement agent and continuing adviser for the listing exercise.

    Please contact the below for more information:
    Hakim Juraimi
    Email: h.juraimi@swanconsultancy.biz

  • Shippit Inks Three New Deals with Leading Logistics Providers Janio, FedEx and Qxpress to Strengthen Domestic and International Capabilities

    Shippit Inks Three New Deals with Leading Logistics Providers Janio, FedEx and Qxpress to Strengthen Domestic and International Capabilities

    SINGAPORE, July 1, 2021 – (ACN Newswire) – Today, fast-growing e-Commerce fulfilment tech company Shippit announces it has signed three new delivery partner deals with integrated logistics solutions provider Janio, global logistics player FedEx, and e-Commerce logistics expert Qxpress. These deals come as part of Shippit’s efforts to rapidly scale up its operations in Southeast Asia following its A$30 million Series B fundraise in December 2020.

    Apart from strengthening Shippit’s domestic delivery network in Singapore and Malaysia, Shippit’s new partnership with Janio will allow Shippit to open up its delivery lanes with special rates in Southeast Asia, China, and the US. This enables merchants access to ship to more countries than before at lower costs. The partnership with Qxpress will help Shippit improve reliability and flexibility in domestic deliveries by offering new delivery options such as “same-day delivery” in Singapore, so parcels can reach end customers quickly.

    With an estimated 40 million new users in Southeast Asia coming online because of the pandemic, e-Commerce spend has unsurprisingly surged; the industry is currently valued at US$62 billion and is expected to grow to US$172 billion by 2025. To support the increasing number of merchants moving online, Shippit has also added new integrations with some of the largest e-Commerce platforms such as WooCommerce and Magento to support a wider variety of merchants. WooCommerce and Magento join existing partner Shopify, allowing merchants a seamless integration with the Shippit platform.

    Shippit has onboarded a variety of SMB and Enterprise clients in different product categories such as Seira Elves, Global Knives, Looqal, Sans & Sans, Hush Candles, Blender Bottle, Sterling Nutrition, and Boxgreen.

    Mark Lancaster, Southeast Asian Business Development Lead at Shippit, said: “Shippit wants to be the platform of choice for growing, scaling and enterprise merchants across the region to support fulfilment and enable more last-mile choices. It’s critical that we continue investing in carrier integrations, product enhancements that benefit our merchants to capitalise on this growth in the region. These recent carrier deals expand our network capability providing more domestic and international services to our growing merchant base.”

    “The growth of e-commerce in Southeast Asia has been phenomenal, and the need for robust technological and logistical infrastructure has never been higher. We are truly excited to be working with Shippit to collectively serve southeast Asia’s merchants”, said Senthil Kumar, Janio Group Head of Commercial.

    Shippit recognises the negative environmental impact deliveries have and is committed to a future of sustainable retail. It is one of the only logistics SaaS platforms across APAC, that offsets 100% of the carbon emissions on deliveries made on Shippit’s discounted rates, at no extra cost to the merchant. Shippit does this by partnering with the Carbon Neutral Group and purchasing carbon offsets to support projects that prevent and reduce greenhouse gas emissions. To date, the company has offset more than 278,000 kilometers of carbon footprint for its Singapore clients.

    Shippit Co-founder and Co-Chief Executive Officer William On, said: “Southeast Asia presents a huge opportunity for Shippit; we think the region is set to become the world’s largest e-Commerce market within the next five years! Since Shippit’s launch in Southeast Asia in July 2020, we’ve seen our business grow quickly — and expect that it will continue to scale — which is why we are looking to improve our capabilities across the region and might consider expanding into other countries in the future.”

    Shippit was founded in Australia in 2014 with the intention of providing frictionless delivery options and enhanced customer experience. Shippit’s software enables retailers to instantly ship with leading partner carriers, share seamless tracking and notifications, as well as provide dedicated delivery support.

    Since the fast-growing logistic SaaS platform’s expansion to Singapore less than a year ago, the company has announced partnerships with Shopify, SingPost, Ninja Van, DHL and Aramex and now powers more than 20,000 deliveries per month. Shippit serves more than 275 merchants across Southeast Asia and has a dedicated team of 7 people working across the region with a shared staff of 40 in product and customer service. Shippit is also present in Malaysia and is currently strengthening its offerings in Malaysia by partnering with local carriers and improving product capabilities.

    About Shippit

    Shippit is a fast-growing e-Commerce fulfilment technology company founded in Australia. Powering delivery for Asia’s leading retailers like Sephora, Decathlon, UNIQLO, CottonOn, Harvey Norman, and JD Sports, Shippit’s powerful shipping engine saves retailers time, money and provides better experiences for delivery recipients. By simplifying omni-channel fulfilment, enabling retailers to accept cash on delivery and removing friction from the cross-border shipping process, Shippit simplifies shipping for retailers so they can focus on growing their business. For more info, please visit: www.shippit.com/

  • NEC Commercializes Open RAN Cloud-native Software Featuring High Performance Massive MIMO and Beamforming

    NEC Commercializes Open RAN Cloud-native Software Featuring High Performance Massive MIMO and Beamforming

    NEC Corporation announced today the launch of carrier-grade, cloud-native Open RAN software supporting its industry-leading digital beamforming of Massive MIMO (mMIMO). The solution will be available globally from the beginning of 2022.

    5G Networks are increasingly adopting the cloud. The introduction of virtualization technologies in various layers of the network, from core to RAN, enables faster service provisioning and equipment cost reduction while shortening procurement lead times. Cloud-native architecture and operation allows network orchestration and automation at scale, thereby achieving improved service quality and reliability.

    NEC’s cloud-native software delivers carrier-grade performance, cloud-grade scalability and cost effectiveness. To meet 5G’s high-speed, high-capacity requirements, it provides advanced control of full digital beamforming over 16 layers in downlink communications in systems where mMIMO is utilized. This implementation delivers large-capacity transmission as well as efficient and autonomous control depending on the service requirements and traffic conditions.

    The solution fully supports O-RAN specifications and leverages the wide ecosystem of a variety of partners. This open RAN, cloud-native software is fully containerized and provides flexibility for deployment scenarios (on premises, private cloud, public cloud), geographies (urban, peri-urban, rural) and use cases (consumer, enterprise, government).

    In addition to these products, NEC also offers a new windowRAN Domain Orchestration solution from its subsidiary Netcracker. The solution combines Netcracker’s industry-leading orchestration, OSS and analytics functions with NEC’s expertise in integrated network operation and management to fully automate all aspects of the RAN domain. The solution is based on Netcracker’s cloud-native Digital OSS (operation support system). It runs on any Kubernetes(2) cloud platform and is compliant with open APIs and standardization, enabling collaboration with a variety of products from different Open RAN vendors.

    Patrick Lopez, Global VP Product management, 5G products at NEC commented: “We are continuing with our tradition of market-leading innovation. NEC was the first vendor to develop virtualization technologies for communications networks. We were the first company to commercialize Open Flow(3), SDN controllers(4) and NFV(5) as well as the pioneer vendor to provide virtualized core networks.

    “Today, by introducing cloud-native virtualization to the RAN as well, NEC accelerates the migration toward next-generation networks and contributes to unlocking the full potential of 5G.”

    (1) Technologies with advanced MIMO (Multiple Input, Multiple Output). A technology that simultaneously improves the quality stability of spatial multiplexing and radio propagation paths by taking advantage of the freedom of a large number of independent transceivers. In 5G, it was developed and introduced aiming at further frequency utilization efficiency improvement by spatial multiplexing in addition to orthogonal frequency multiplexing and time division multiplexing of 4G.
    (2) Open source software that automates the deployment and scaling of containerized applications.
    (3) Network technology that enables centralized network control by separating network control functions from switches and aggregating them into controllers.
    (4) Software-Defined Networking: Concepts for software-controlled networking.
    (5) Network Function Virtualization: A technology that virtualizes various functions that make up a network, such as router functions and firewall functions, and realizes network functions on a general-purpose server without using dedicated hardware.

    About NEC Corporation
    NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.

  • Eisai Launches In-house Developed Anti-insomnia Drug Dayvigo (Lemborexant) In Hong Kong

    Eisai Launches In-house Developed Anti-insomnia Drug Dayvigo (Lemborexant) In Hong Kong

    First Launch For Dayvigo In Asia Outside Of Japan

    Eisai Co., Ltd. announced today that its Hong Kong subsidiary Eisai (Hong Kong) Co., Ltd. has launched the in-house-discovered and developed orexin receptor antagonist DAYVIGO (generic name: lemborexant) for the treatment of adults with insomnia, characterized by difficulties with sleep onset and/or sleep maintenance.

    Eisai received approval for DAYVIGO in Hong Kong on February 28, 2021, and this launch is the first for DAYVIGO in Asia outside of Japan.

    DAYVIGO is a dual orexin receptor antagonist that inhibits orexin neurotransmission regulating sleep-wake rhythm by binding competitively to the two subtypes of orexin receptors (OX1R and OX2R). DAYVIGO acts on the orexin neurotransmitter system and is believed to facilitate sleep onset, sleep maintenance, and wake by regulating sleep-wake rhythm.

    DAYVIGO binds to orexin receptors OX1R and OX2R and acts as a competitive antagonist with stronger inhibition effect on OX2R, which suppresses both REM and non-REM sleep drive, such that DAYVIGO may provide faster sleep onset and better sleep maintenance to patients.

    DAYVIGO was launched in the U.S. and Canada for the treatment of adult patients with insomnia, characterized by difficulties with sleep onset and/or sleep maintenance; and in Japan for the treatment of insomnia. In addition, applications for approval have been submitted to the respective regulatory authorities in Australia, Brazil, India, Indonesia, Malaysia, the Philippines, Singapore, Taiwan and Thailand, and Eisai plans to further expand submissions of applications for approval in other countries.

    Insomnia is characterized by difficulty falling asleep, staying asleep or both, despite an adequate opportunity to sleep, that can lead to daytime consequences, such as fatigue, difficulty concentrating and irritability.1,2 Insomnia is one of the most common sleep-wake disorders. It is estimated that approximately 30% of adults worldwide have symptoms of insomnia.3,4 In Hong Kong, over 35% of adults are reported to have symptoms of insomnia.5 In particular, older adults also have a higher prevalence rate with many experiencing insomnia symptoms for months to years. As a result, insomnia causes various social losses, such as long absences and reduced productivity. It can increase the risk of falls in older adults. 6

    Eisai will continue its efforts to deliver DAYVIGO as a new treatment option to insomnia patients across the world with the hope of contributing to restoration of daytime function and recovery for patients with insomnia by potentially delivering an active daytime life through fast sleep onset and good quality sleep.

    About DAYVIGO (Generic Name: Lemborexant)
    DAYVIGO, an orexin receptor antagonist, is Eisai’s in-house discovered and developed small molecule that inhibits orexin neurotransmission by binding competitively to the two subtypes of orexin receptors (orexin receptor 1 and 2). Fast on/off receptor kinetics of DAYVIGO to orexin receptors may influence DAYVIGO’s potential to facilitate improvements in sleep onset and maintenance with minimal morning residual effects.

    About Sleep-Wake Disorders and Insomnia
    Sleep-wake disorders consist of disease categories such as insomnia, Irregular Sleep Wake Rhythm Disorder (ISWRD), hypersomnia and breathing-related sleep disorders. Among the sleep-wake disorders, insomnia is the most common with persistent insomnia symptoms experienced by approximately 30% of the adult population worldwide.(3),(4) Insomnia disorder is characterized by difficulty falling asleep, staying asleep or both, despite an adequate opportunity to sleep, which can lead to daytime consequences, such as fatigue, difficulty concentrating and irritability.(1),(2)

    Sleeping well is essential for good health, including brain health.(7) Studies suggest an optimal sleep duration between seven and eight hours.(8) Poor sleep is associated with a wide range of health consequences, including an increased risk of hypertension, accidental injury, diabetes, obesity, depression, heart attack, stroke, dementia and adverse effects on mood and behavior.(1),(8)

    Women are 1.4 times more likely than men to suffer from insomnia.(9) Older adults also have higher prevalence of insomnia as aging is often accompanied by changes in sleep patterns, including disrupted sleep, frequent waking, and early waking, that can lead to less sleep time.(10)

    About the Anti-Insomnia Drug Market in Hong Kong
    The anti-insomnia drug market in Hong Kong as of 2020 valued at approximately 8.4 million USD, comprising nearly 9% of the insomnia drug market in Asia (Hong Kong, India, Indonesia, Korea, Malaysia, the Philippines, Singapore, Taiwan, Thailand).(11)

    (1) Ferrie JE, et al. Sleep epidemiology – a rapidly growing field. Int J Epidemiol. 2011;40(6):1431-1437.
    (2) Roth T. Insomnia: definition, prevalence, etiology and consequences. J Clin Sleep Med. 2007;3(5 Suppl):S7-S10.
    (3) Institute of Medicine. Sleep disorders and sleep deprivation: An unmet public health problem. Washington, DC: National Academies Press. 2006.
    (4) Ohayon MM, et al. Epidemiology of insomnia: what we know and what we still need to learn. Sleep Med Rev. 2002;6(2):97-111.
    (5) Wong, et. al. Prevalence of Insomnia among Chinese adults in Hong Kong: a population-based study. J Sleep Res. 2011; 20: 117-126
    (6) National Institute of Public Health. Sleep disorders practice guidelines – for the proper usage of sleeping medications and the withdrawal: insomnia medical manual aiming for breaking through (available in Japanese only).
    (7) Cappuccio FP, et al. Sleep duration and all-cause mortality: a systematic review and meta-analysis of prospective studies. Sleep. 2010;33(5):585-592.
    (8) Pase MP, Himali JJ, Grima NA, et al. Sleep architecture and the risk of incident dementia in the community. Neurology. 2017;89(12):1244-1250.
    (9) Roth T, et al. Prevalence and perceived health associated with insomnia based on DSM-IV-TR; International Statistical Classification of Diseases and Related Health Problems, tenth revision; and Research Diagnostic Criteria/International Classification of Sleep Disorders, second edition criteria: results from the America Insomnia Survey. Biol Psychiatry. 2011;69:592- 600.
    (10) Crowley K. Sleep and sleep disorders in older adults. Neuropsychol Rev. 2011;21(1):41-53.
    (11) Copyright 2021 IQVIA.Internal analysis based on IQVIA Analytics Link 2020. Reprinted with permission.