[By NBC-1TV H. J Yook]GuestLogix Inc. (TSX:GXI), the leading global provider of onboard retail and payment technology solutions to airlines and the passenger travel industry, today announced a 3-year agreement with the world‘s largest independent provider of airport lounge access, Priority Travel Group. Following an extensive trial, the Company’s onboard retailing technology, including PCI-compliant handheld POS devices and GuestPass™ platform, will be deployed across Priority Travel Group's lounge network, to authenticate and manage lounge member access for all its membership programs, includ
[By NBC-1TV H. J Yook]Ecom instruments, the global market leader and a full-service provider in the field of portable explosion-protected equipment, bring the use of a wireless Bluetooth speaker microphone to hazardous areas, including ATEX Zone 1, Class I, Division 1, Zone 2, Class II, Division 1 areas. With the world's first intrinsically safe remote speaker microphone, the Ex-RSM Aurelis BT, we have provided users with a device fully capable of connecting with a range of Bluetooth devices such as mobile phones to offer a range of new possible applications. During activities where workers an
[By NBC-1TV H. J Yook]Isola Group S. r.l., a market leader in engineered dielectric materials used to fabricate advanced multilayer printed circuit boards (PCBs), announced today that the company has launched a technology-licensing program to mitigate conductive anodic filamentation (CAF) problems in the fabrication of PCBs. This proprietary manufacturing technology, which is offered by ISOLA USA Corp. “Isola USA”, reduces the number of voids in resin-impregnated dielectrics, which is a major source of CAF failures. The license is available to laminate and prepreg manufacturers and users world
[By NBC-1TV H. J Yook]Project Data Sphere, LLC (PDS), an independent not-for-profit initiative of the CEO Roundtable on Cancer’s Life Sciences Consortium (LSC), announced today the launch of a new data sharing platform (www.ProjectDataSphere.org), with the goal of advancing research to improve the lives of cancer patients and their families around the world. The CEO Roundtable on Cancer was established in 2001 with the mandate to bring bold and imaginative solutions to cancer care. “Globally, more than 8.2 million lives are lost to cancer every year. Making a difference demands a paradigm shif
[By NBC-1TV H. J Yook]With the advent of digital banking, where the bank sees 9 out of every 10 transactions in Korea happen outside a branch, and the long term low trend of lower profitability in the Korean Banking sector, Citibank Korea is updating its footprint in the market to better reflect changing consumer needs. As a result, Citibank Korea is transforming its distribution model to optimize its presence in Korea. Citi’s footprint in the country will be concentrated in 6 major cities including Seoul with a focus on high quality client segments and an enhanced digital experience, consiste
[By NBC-1TV H. J Yook]Sun Pharma and Ranbaxy today announced entering into definitive agreements for Sun Pharma to acquire 100% of Ranbaxy in an all-stock transaction. Under these agreements, Ranbaxy shareholders will receive 0.8 share of Sun Pharma for each share of Ranbaxy. This exchange ratio represents an implied value of Rs 457 for each Ranbaxy share. This combination creates the 5th largest specialty generics company in the world, and the largest pharma company in India. The combined entity will have operations in 65 countries, 47 manufacturing facilities across 5 continents, and a signi
[By NBC-1TV H. J Yook]TSYS (NYSE: TSS) announced today that its leading Vietnamese client, Vietnam Export Import Commercial Joint Stock Bank — Vietnam Eximbank, has begun to deploy fingerprint authentication technology for over-the-counter or ATM transactions. Vietnam Eximbank is one of the first banks in Vietnam to apply this technology that enables customers to make a transaction without having the physical card, ID, phone or card number present for identification, and uses only fingerprint verification when performing transactions at the counter or at the ATM. As a client of TSYS sinc
[By NBC-1TV H. J Yook]GT Advanced Technologies (Nasdaq:GTAT) today announced that it has received $58.6 million in orders this quarter for high temperature refractory metal furnaces that are used for a variety of industrial purposes. These orders will be reflected in Q2 reportable backlog and GT expects to recognize revenue from these orders during the second half of 2014. “Thermal Technologies, which was acquired by GT in 2013, developed the high temperature refractory furnace technology that will be deployed as part of these orders. It is expected that several other industrial products devel