Daily Archives: September 26, 2019

Avis Budget Group Names Avis Car Rental And Budget Car Rental Licensees of The Year

Budget Romania, Licensee of the Year for the International Region, Avis Budget Group International Licensee Awards 2019

Budget Romania – Left to Right – Keith Rankin, President – International, Avis Budget Group, Gabriel Diaconu, Sales Performance Manager, Budget Romania, Larry de Shon, CEO and President, Avis Budget Group, Adrian Halmagean, Executive Director, Budget Romania, Andrei Panoiu, Strategic Business Director, Budget Romania, Hans Mueller, Vice President – Global Licensees, Avis Budget Group, Bogdan Hostea, Network Manager, Budget Romania, Paul Redmond, Licenses Director – Africa, Avis Budget Group

LONDON, Sept. 26, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) has announced its Avis Car Rental and Budget Car Rental Licensees of the Year for the International Region, which includes, Europe, the Middle East, Africa, Asia and Asia-Pacific. This year’s recipients of the annual awards are Avis Turkey and Budget Romania. Each honoree accepted the accolade at a celebratory event held in Lisbon, Portugal.

The annual Avis Budget Group International Licensee Awards recognize licensee partners that have demonstrated growth in annual financial performance, measured against their respective country’s economic conditions, excellence in customer service and alignment with the brand’s initiatives.

Avis Turkey, Licensee of the Year for the International Region, Avis Budget Group International Licensee Awards 2019

Avis Turkey – Left to Right – Keith Rankin, President – International, Avis Budget Group, Erdal Kemikli – Technology & Strategy Director Otokoc Otomotiv, Larry De Shon, President and CEO, Avis Budget Group, Inan Ekici – CEO, Otokoc Otomotiv, Esra Kaynak – Head of Marketing, Otokoc Otomotiv, Omer Ates – Head of Sales, Otokoc Otomotiv, Onder Kutman – CFO, Otokoc Otomotiv, Sabri Cimen – COO, Otokoc Otomotiv, Hans Mueller, Vice President – Global Licensees, Avis Budget Group, Stuart Liddle, Licensee Director – Southern Central Europe, Avis Budget Group, Sahin Bayram – Head of Operations, Otokoc Otomotiv

Keith Rankin, President, International at Avis Budget Group said: “I’m delighted to announce our Licensee Award winners, Avis Turkey and Budget Romania. Both winners have invested in their businesses, delivered strong growth and consistently generated high levels of customer satisfaction. As a global mobility company, with a presence in approximately 180 countries, we rely on the expertise and professionalism which our licensees offer Avis and Budget customers in their markets. These awards are to celebrate and recognize their hard work, passion and dedication.”

Avis Car Rental in Turkey has driven growth in market despite challenging economic circumstances, that continue today. In this difficult environment, Avis Turkey focused on revenue management and revenue generation, whilst investing in the ancillary sales area of the business. As a result, Avis Turkey has not only maintained its number one market share position, but also grown the business by more than 22 percent, whilst keeping consistently high customer service scores, showing determination and spirit in the face of adversity.

Budget Romania is accepting this award after a very successful year, which has seen a revenue growth of 19 percent and a fleet size growth of more than 10 percent. Whilst investing in the brand, marketing and its rental locations, the country can celebrate a 10 percent increase in its customer service score over the prior year, providing quality vehicles at great value prices.

Contact: Laura Watts
+44(0) 7342 075 430
laura.watts@abg.com

About Avis Budget Group
Avis Budget Group, Inc. is a leading global provider of mobility solutions, both through its Avis and Budget brands, which have more than 11,000 rental locations in approximately 180 countries around the world, and through its Zipcar brand, which is the world’s leading car sharing network, with more than one million members. Avis Budget Group operates most of its car rental offices in North America, Europe and Australasia directly, and operates primarily through licensees in other parts of the world. Avis Budget Group has approximately 30,000 employees and is headquartered in Parsippany, N.J. More information is available at www.avisbudgetgroup.com.

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/c1151d4a-3918-4558-bf38-378576e7550e
https://www.globenewswire.com/NewsRoom/AttachmentNg/7b3c6710-3778-4efe-b0e2-351e1e62520d

The OCP Open Domain-Specific Architecture (ODSA) Subproject Makes Significant Gains in Chiplet-based Architecture, Design and Industry Collaboration

Amsterdam, The Netherlands, Sept. 26, 2019 (GLOBE NEWSWIRE) — The Open Compute Project (OCP) announced today significant progress by the Open Domain-Specific Architecture (ODSA) subproject in the development of a chiplet-based architecture.  Since its charter in March 2019 within OCP, the ODSA subproject has made critical steps in defining and developing a chiplet-based architecture with the introduction of new interfaces, link layers, a marketplace and exchange, and an early proof-of-concept.

Decades of progress with general-purpose CPUs have slowed, while performance requirements of workloads have catapulted, driving significant demand in domain-specific accelerators. Chiplet-based designs that combine multiple die into a single package can reduce the development time and manufacturing costs for accelerators. According to a preliminary research report by IHS/Informa, the aggregate market for chiplets is projected to be almost $3B by 2024 and grow to $10B in 2030..

The ODSA subproject’s mission is to define an open interface and architecture that enables the mixing and matching of silicon chiplets from different vendors via an open marketplace onto a single SoC. To achieve this goal, multiple working groups within the ODSA have been established:

  • The ODSA PHY interface group is tasked with defining a simple, open, flexible data-rate interface between chiplets. This group has produced an objective analysis of multiple inter-chiplet PHY technologies published at a recent peer-reviewed conference. The group has also defined a new Bunch of Wires (BoW) interface. The interface aims to combine ease of design with process portability and suitability for use in low-cost packaging technologies. The group has released a 0.7 BoW specification today at the OCP Regional Summit. Group members include participants from Aquantia, Avera Semi, Netronome and zGlue.
  • The ODSA Proof of Concept (PoC) group is tasked with validating the technology proposals from the program. Equally important, the PoC group is working to understand and test business and technical issues around having multiple companies collaborating and sharing responsibility on a chiplet solution. As a first step, the group is working to deliver a software development prototype by the end of the year involving multiple small interoperable, interchangeable boards, which would model a single-chip solution based on chiplets. Group members include participants from Achronix, Cisco, Facebook, Netronome, NXP and zGlue.
  • The ODSA Business Working Group is tasked with defining a workflow and business processes to enable companies to assemble products from the marketplace. As a first step, the group has released a 0.9 specification for a Chiplet Design Exchange (CDX). The CDX specification is an extension of ZEF format developed by zGlue to describe chiplets and defines data sharing. Group members include participation from zGlue Inc, Ayar Labs, Microsoft Azure, and Netronome.

“We are observing new architectures emerging that solve for rapidly changing workloads currently not well-fit for a traditional large-scale integration approach to design. These new architectures provide improved approaches to rapidly and cost-effectively develop workload-specific products. We believe an open chiplet-based architecture being developed within the ODSA community provides a pathway towards achieving these goals, while enabling continued performance gains,” said Aaron Sullivan, director of hardware engineering at Facebook.

Since OCP launched the ODSA subproject, they have hosted three workshops, in conjunction with Samsung, Intel and IBM, to bring together a comprehensive ecosystem of chip designers, software and hardware architects, and cloud/data center operators to collaborate and solve a wide range of issues, from PHY specifications and protocols, link layers, chip and board design, to new business and licensing considerations.

“Since 2015, we’ve been successfully partnering with the OCP community to reimagine cloud hardware making it more efficient, flexible and scalable,” Kushagra Vaid, Distinguished Engineer, Azure Hardware Infrastructure, Microsoft. “Creating new open standards for chiplet-based architecture and interoperability is an important step forward to enabling emerging applications, like Machine Learning, that require compute resources at unprecedented scale.”

“OCP has become the community of choice for collaboration. The open architecture for domain-specific accelerators being developed by the ODSA subproject can bring the benefits of disaggregation to the world of SoCs. In just a short time, the ODSA has come with specifications, a chiplet marketplace and exchange, and an early prototype. We are very thankful for the tremendous support from participating companies for the excellent work being performed by the ODSA,” said Bill Carter, CTO of OCP.

Learn more about the ODSA at the OCP Regional Summit in Amsterdam, the Netherlands during the ODSA Session on September 26, and at the ODSA mini-workshop on September 27:

For additional information and how to get involved, please visit the project portal and join the mailing list.

About OCP

The Open Compute Project Foundation was initiated by Facebook in 2011 with a mission to apply the benefits of open source and open collaboration to hardware and rapidly increase the pace of innovation in, near and around the data center’s networking equipment, general purpose and GPU servers, storage devices and appliances, and scalable rack designs. OCP’s collaboration model is being applied beyond the data center, helping to advance the telecom industry & EDGE infrastructure.

Dirk Van Slyke
Open Compute Project Foundation
303-999-7398
dirkv@opencompute.org

Helsinn demonstrates commitment to MF CTCL with multiple scientific sessions at the EORTC Cutaneous Lymphoma Meeting 2019

Helsinn demonstrates commitment to MF CTCL with multiple scientific sessions at the EORTC Cutaneous Lymphoma Meeting 2019

Lugano, Switzerland, September 26, 2019 – Helsinn, the Swiss pharmaceutical group focused on building quality cancer care products, today announces two further abstracts have been accepted for oral presentations at the European Organization for Research and Treatment of Cancer (EORTC) Cutaneous Lymphoma Meeting 2019. Helsinn has also announced the acceptance of an abstract for the first real-world study of Valchlor®/Ledaga® at this same meeting.  The EORTC Cutaneous Lymphoma meeting is taking place from September 26-28, 2019 in Athens, Greece.  In addition to presenting new scientific data on Valchlor®/Ledaga®, Helsinn supported an educational satellite symposium on experiences in treating MF-CTCL.

Helsinn’s oral presentation, entitled: Efficacy of chlormethine gel in patients with stage I–IIA mycosis fungoides cutaneous T-cell lymphoma (MF-CTCL): Re-analysis of a randomized Phase 2 study, will take place on Friday September 27, 2019, 4.45pm – 6.00pm.

The presentation reports the results of the re-analysis on the response of early-stage MF-CTCL patients to chlormethine1 gel treatment in a randomized, controlled, observer-blinded, multi-center Phase 2 study. Early stage patients who had been previously treated with more than one skin-directed therapy were enrolled into the study and their response rate to treatment was monitored at each physician visit. Results showed that the percentage of patients with more than 50% improvement from the baseline was 46.9% at 4 months, 72.2% at 8 months and 78.9% at 10 months by the Composite Assessment of Index Lesion Severity (CAILS),  37.8% at 4 months, 4 54.4% at 8 months and  54.4% at 10 months by Severity Weighted Assessment Tool (SWAT), and 32.7% at 4 months, 52.2% at months 8 and 51.1% at 10 months by Body Surface Area (BSA).

A second oral presentation, entitled: Clinician-level variation in mechlorethamine treatment duration in mycosis fungoides cutaneous T-cell lymphoma (MF-CTCL) / Biologic Insights III, will take place on Friday September 27, 2019, from 09.00am – 10:30am. The presentation will discuss research into the use of mechlorethamine in the treatment of mycosis fungoides cutaneous T-cell lymphoma (MF-CTCL). The study evaluated the association of patient volume with early discontinuation and overall treatment duration for clinicians prescribing standardized 0.016% gel formulation mechlorethamine. Clinicians with higher patient volume consistently sustained longer treatment duration and, importantly, avoided early discontinuation, perhaps attributable to experience managing the condition and dermatitis, and setting patient expectations for treatment adherence and toxicity.

As previously announced, Helsinn is also presenting a separate abstract on a significant real-world study assessing the use of chlormethine gel in 298 adult patients with any stage MF-CTCL. Full details can be found in the herewith press release link.

Helsinn has also supported an educational symposium, entitled Tried and applied: experiences with chlormethine gel in MF-CTCL, which took place on Thursday September 26. It brought together a panel of leading experts from the field of Cutaneous Lymphoma, to discuss the current treatment options of Mycosis Fungoides Cutaneous T-cell lymphoma (MF-CTCL), in particular the use of chlormethine gel in treating MF-CTCL. The full programme for the event can be viewed on the EORTC Congress website:

https://www.eortccltf2019.com/articlefiles/program/Eortc_2019_Scientific_programme_5.pdf

In a randomised-controlled trial (n=128 exposed to Ledaga® for a median duration of 52 weeks), the most frequent adverse reactions to Ledaga® were skin related: dermatitis (54.7%; e.g., skin irritation, erythema, rash, urticaria, skin-burning sensation, pain of the skin), pruritus (20.3%), skin infections (11.7%), skin ulceration and blistering (6.3%), and skin hyperpigmentation (5.5%). Cutaneous hypersensitivity reactions were reported in 2.3% of the treated patients.

Evangelia Papadavid, MD, PhD Associate Professor of Dermatology National and Kapodistrian University of Athens, Greece, Chair of the Symposium and Chair of EORTC 2019, commented: “There is currently no cure for patients living with MF-CTCL and current treatment goals are mainly aimed at reducing the abnormal appearance of the skin and to control any itching or other symptoms. This symposium specifically discussed the use of chlormethine gel in treating MF-CTCL, including where we are now and other new treatment approaches that are being explored to help patients suffering from this disease.”

Silvia Sebastiani, PhD, Head of Medical Affairs, commented: “MF-CTCL patients currently have limited treatment options mainly aimed at reducing symptom burden. At EORTC, we will be presenting significant data and outcomes of real world studies that demonstrate how chlormethine gel can help these patients managing the disease in their day to day lives. We are delighted to be among the leaders in transforming treatment of MF-CTCL and to support clinical and educational programs that brings together leading experts to share ideas on how to improve care for these patients. We thank all our partners, presenters and the Chair of the EORTC and the Symposium, Evangelia Papadavid.”

About Ledaga®

Ledaga® gel is an alkylating drug indicated for the topical treatment of MF-CTCL in adult patients. Ledaga® is a gel which is applied topically once a day. The drug has been approved by the European Commission (for the treatment of MF-CTCL in adult patients). Since June 2019, Ledaga® is commercialized in Germany, The Netherlands, France and Italy.

For additional information please see the EU Summary of Product Characteristics.

About the Helsinn Group

Helsinn is a privately-owned pharmaceutical group with an extensive portfolio of marketed cancer care products and a robust drug development pipeline. Since 1976, Helsinn has been improving the everyday lives of patients, guided by core family values of respect, integrity and quality. The Group works across pharmaceuticals, biotechnology, medical devices and nutritional supplements and has expertise in research, development, manufacture and the commercialization of therapeutic and supportive care products for cancer, pain and inflammation and gastroenterology. In 2016, Helsinn created the Helsinn Investment Fund to support early-stage investment opportunities in areas of unmet patient need. The company is headquartered in Lugano, Switzerland, with operating subsidiaries in Switzerland, Ireland and the U.S., a representative office in China as well as a product presence in approximately 190 countries globally.

For more information:

Helsinn Group Media Contact:

Paola Bonvicini

Group Head of Communication

Lugano, Switzerland

Tel: +41 (0) 91 985 21 21

Email: Info-hhc@helsinn.com

For more information, please visit www.helsinn.com and follow us on Twitter, LinkedIn and Vimeo


1 Chlormethine gel, also referred as mechlorethamine, is approved in the US and Israel under the tradename Valchlor® and in the EU under the tradename Ledaga®.

Best ROI in Home Cryptocurrency Mining with BitHarp

WELLINGTON, New Zealand, Sept. 26, 2019 (GLOBE NEWSWIRE) — BitHarp Group Limited ( www.BitHarp.com ), an experienced manufacturer of crypto mining hardware, is now a favorite name amongst individuals interested in profitable crypto mining from the comforts of their home. The company’s recently launched products Lyre Miner and Harp Miner have initiated a new age in cryptocurrency mining, offering low heat and noise mining hardware that can be placed within limited spaces at home. Users can start earning profits immediately as the pre-configured mining rigs just require plugging in, choosing the preferred coin, and entering the pool data.

The most attractive benefit of Lyre Miner and Harp Miner is the ability of these products to generate quick return on interest for all users. This has been made possible by delivering high hash rate powers that are second to none in the market. Hash rate is a general measure of the processing power of crypto mining rigs. For the miners, a higher hash rate means increased profit-making opportunity and receiving block reward. Moreover, Lyre Miner and Harp Miner support profitability with their low energy consumption.

The hash rate powers delivered by Lyre Miner and Harp Miner are mentioned below.

Bitcoin: 335 TH/s (Lyre Miner) & 2000 TH/s (Harp Miner)

Litecoin: 55 GH/s (Lyre Miner) & 300 GH/s (Harp Miner)

Ethereum: 14 GH/s (Lyre Miner) & 75 GH/s (Harp Miner)

Dash: 9 TH/s (Lyre Miner) & 50 TH/s (Harp Miner)

“BitHarp is one of the earliest companies in this market to create products that are suitable for casual crypto enthusiasts mining from their home without much knowledge or experience,” said Daniel Cox, Engineering Director from BitHarp. “Lyre Miner and Harp Miner were designed to make crypto mining easy and affordable for them. It is a great pleasure for us to see many beginners earning profits using BitHarp mining rigs from home.”

To find out more about Lyre Miner and Harp Miner, please visit https://www.bitharp.com/

About BitHarp: BitHarp is a New Zealand based cryptocurrency manufacturer of the most high-performance and flexible Mining rigs built with the goal of making mining easier and more profitable for investors.

Media contact 
Alexa Zimine 
alexa@bitharp.com 
+64 04 889 3268

Helsinn announces abstract accepted for oral presentation at the EORTC Cutaneous Lymphoma Meeting 2019

Helsinn announces abstract accepted for oral presentation at the EORTC Cutaneous Lymphoma Meeting 2019

Lugano, Switzerland, September 26, 2019 – Helsinn, the Swiss pharmaceutical group focused on building quality cancer care products, today announces an abstract has been accepted for oral presentation at the European Organization for Research and Treatment of Cancer (EORTC) Cutaneous Lymphoma Meeting 2019 taking place from September 26-28, 2019 in Athens, Greece.

The abstract entitled “Efficacy and quality of life (QoL) in patients with mycosis fungoides cutaneous T-cell lymphoma (MF-CTCL) treated with chlormethine1 gel and other therapies: Results from the PROVe study” was a real-world study assessing 298 adult patients with any stage MF-CTCL.  New users, or continuing users, of chlormethine gel were enrolled in this multi-center, observational study and were followed for a period of 24 months. The study demonstrated that responding patients adding chlormethine gel to their MF-CTCL therapeutic armamentarium had a significant improvement in their quality of life, as assessed by the SkinDex-29 questionnaire. It also highlighted the importance of continuing treatment to achieve the peak clinical response.

Dr. Silvia Sebastiani, Head of Medical Affairs at Helsinn, commented:At Helsinn our focus is the quality of life and well-being of patients. We are therefore pleased to present these recent findings that demonstrate how clinicians can potentially improve the treatment and care of MF-CTCL patients by using Valchlor®/Ledaga® into their treatment options. We look forward to presenting the top line data of this real-world study at the EORTC this year, with the aim of expanding our collective knowledge and continuing to improve treatment for this patient group.”

In a randomised-controlled trial (n=128 exposed to Ledaga® for a median duration of 52 weeks), the most frequent adverse reactions to Ledaga® were skin related: dermatitis (54.7%; e.g., skin irritation, erythema, rash, urticaria, skin-burning sensation, pain of the skin), pruritus (20.3%), skin infections (11.7%), skin ulceration and blistering (6.3%), and skin hyperpigmentation (5.5%). Cutaneous hypersensitivity reactions were reported in 2.3% of the treated patients.

Dr. Ellen J. Kim, UPENN, Professor of Dermatology, Penn Cutaneous Lymphoma Program, PROVe principal investigator, said:The rarity of MF-CTCL has resulted in there being limited knowledge available for those affected by this disease, as well as many clinicians. We are pleased to have conducted the PROVe study and to further highlight our findings at the EORTC, as we set out to further expand our knowledge concerning the field of MF and current treatment options. The observational study assessed nearly 300 patients and verified that continued treatment of MF-CTCL patients with chlormethine gel is important and associated with improved patients’ health-related quality of life.”

Presentation Details:

Title:               Efficacy and quality of life (QoL) in patients with mycosis fungoides cutaneous T-cell lymphoma (MF-CTCL) treated with chlormethine gel and other therapies: Results from the PROVe study

Session:         Quality of life

Date:               September 27, 2019

Time:              3:30pm-4:15pm

Presenter:      Dr Ellen Kim

About Ledaga®

Ledaga® gel is an alkylating drug indicated for the topical treatment of MF-CTCL in adult patients. Ledaga® is a gel which is applied topically once a day. The drug has been approved by the European Commission (for the treatment of MF-CTCL in adult patients). Since June 2019, Ledaga® is commercialized in Germany, The Netherlands, France and Italy.

For additional information please see the EU Summary of Product Characteristics.

About the Helsinn Group

Helsinn is a privately-owned pharmaceutical group with an extensive portfolio of marketed cancer care products and a robust drug development pipeline. Since 1976, Helsinn has been improving the everyday lives of patients, guided by core family values of respect, integrity and quality. The Group works across pharmaceuticals, biotechnology, medical devices and nutritional supplements and has expertise in research, development, manufacture and the commercialization of therapeutic and supportive care products for cancer, pain and inflammation and gastroenterology. In 2016, Helsinn created the Helsinn Investment Fund to support early-stage investment opportunities in areas of unmet patient need. The company is headquartered in Lugano, Switzerland, with operating subsidiaries in Switzerland, Ireland and the U.S., a representative office in China as well as a product presence in approximately 190 countries globally.

For more information:

Helsinn Group Media Contact:

Paola Bonvicini

Group Head of Communication

Lugano, Switzerland

Tel: +41 (0) 91 985 21 21

Email: Info-hhc@helsinn.com

For more information, please visit www.helsinn.com and follow us on Twitter, LinkedIn and Vimeo


1 Chlormethine gel, also referred as mechlorethamine, is approved in the US and Israel under the tradename Valchlor® and in the EU under the tradename Ledaga®.

Sinch AB (publ): Sinch strengthens SaaS offering with myElefant acquisition

Stockholm, Sweden – Sinch AB (publ) – XSTO: SINCH

Sinch AB (publ), a global leader in cloud communications for mobile customer engagement, has entered into a definitive agreement to acquire myElefant SAS for an upfront cash consideration of EUR 18.5 million with an additional cash earnout of up to EUR 3 million within two years if certain gross profit targets are met.

Founded in Paris in 2010, myElefant has built a cloud-based software platform for mobile engagement using rich, interactive messaging. Its low-code design tools let businesses create immersive media experiences with minimal coding or development resources. The company has pioneered the use of mobile landing pages and is an early adopter of conversational messaging technologies like RCS, Facebook Messenger, and WhatsApp.

“Through advanced yet easy-to-use software, myElefant has successfully shown how next-generation messaging can drive tangible and measurable business outcomes. With myElefant as a part of Sinch, we can offer our global customer base and established ecosystem partners a sophisticated software platform, with powerful real-time analytics, that offers a step-change in customer experience”, comments Oscar Werner, CEO of Sinch.

The myElefant SaaS (Software-as-a-Service) platform is currently used by more than 160 enterprise customers. Advanced mobile landing pages, that are unique to each recipient, let businesses combine the unrivalled, 100 percent reach of SMS with the rich media capabilities, interactivity, and analytics that a web page can offer. Customers include leading brands such as Orange, Nespresso and Nissan. In 2018, myElefant generated revenues of EUR 10.5 million, Gross Profit of EUR 3.1 million, and EBITDA of EUR 0.8 million. Year-on-year revenue growth was 25 percent. The myElefant team consists of 41 persons in Paris and Bordeaux.

“We see rising demand from businesses who want to use messaging to transform their customer journey. Together with Sinch, we gain the scale and reach to compete on a truly global basis. We’re excited to join forces and together pursue the market opportunities that we now see emerging”, comments myElefant President and co-founder, Cyril Puget.

The transaction is expected to close in early October 2019 and will be financed using Sinch’s available credit facilities. Handelsbanken Capital Markets is serving as a financial advisor to Sinch for the acquisition.

Sinch has a financial target to maintain net debt/adjusted EBITDA below 2.5x over time. As of Q2 2019, net debt/adjusted EBITDA was 1.0x when measured on a rolling, twelve-month basis. The acquisition of myElefant increases Sinch net debt/adjusted EBITDA by around 0.4x, which implies that Sinch pro forma net debt/adjusted EBITDA rises to around 1.4x following the acquisition.

Conference call and webcast
A conference call for analysts and investors will take place today, September 26, at 09.00 CET. Please dial in a few minutes before the call to ensure that you are connected.

Access code:   7779788

Sweden:         +46 8 5069 2185
UK:                +44 203 009 5710
US:                +1 191 772 00 178

The live webcast will be available at investors.sinch.com/webcast.
Presentation materials will be available at investors.sinch.com.

For further information, please contact

Thomas Heath
Chief Strategy Officer and Head of Investor Relations
Sinch AB (publ)
Mobile:            +46-722-45 50 55
E-mail:            thomas.heath@sinch.com

About Sinch

Sinch brings businesses and people closer with tools enabling personal engagement. Its leading cloud communications platform lets businesses reach every mobile phone on the planet, in seconds or less, through mobile messaging, voice and video. Sinch is a trusted software provider to mobile operators, and its platform powers business-critical communications for many of the world’s largest companies. Sinch has been profitable and fast-growing since its foundation in 2008. It is headquartered in Stockholm, Sweden, and has local presence in more than 30 countries. Shares are traded at NASDAQ Stockholm: XSTO:SINCH. Visit us at sinch.com.

About myElefant

Founded in Paris in 2010, by Jean Philippe Gallet and Cyril Puget, the French startup myElefant publishes a mobile messaging SaaS platform that allows brands to improve their customers’ engagement across all mobile messaging channels. The company, pioneering the use of Rich SMS, is one of the first to adopt conversational messaging technologies such as RCS, Facebook Messenger and WhatsApp. Find out more at myelefant.com.

Important information

This communication may contain certain forward-looking statements. Such statements are all statements that do not relate to historical facts and include expressions such as “believe”, “estimate”, “anticipate”, “expect”, “assume”, “predict”, “intend”, “may”, “presuppose”, “should” or similar. The forward-looking statements in this release are based on various estimates and assumptions that in several cases are based on additional assumptions. Although Sinch believes these assumptions were reasonable when made, such forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that are difficult or impossible to predict and that are beyond Sinch’s control. Such risks, uncertainties and important factors could cause the actual results to differ materially from the results expressly or implicitly indicated in this communication through the forward-looking statements. The information, perceptions and the forward-looking statements in this release apply only as of the date of this release and may change without notice.

This information is information that Sinch AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out above, at 07:30 CET on September 26, 2019.

Attachment

Constellation Brands Elects New Board Members

Christy Clark of Bennett Jones LLP and Jose Manuel Madero, formerly of Grupo Bepensa, to join the company’s Board of Directors

Constellation Brands New Board Member

Christy Clark, Bennett Jones LLP

VICTOR, N.Y., Sept. 25, 2019 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, today announced the election of Christy Clark, senior advisor at Bennett Jones LLP, and Jose Manuel Madero, honorary advisor of the COFINECE (national council for the promotion of investment, employment and economic growth) at the Office of the Chief of Staff of the President of Mexico, to serve as members of its board of directors, effective September 24, 2019. This election increases the size of Constellation’s board from 10 to 12 members.

“We’re excited to welcome Christy and Jose Manuel to our board of directors,” said Constellation Brands’ Executive Chair Rob Sands. “Christy brings extensive knowledge of Canada’s government, regulatory environment and legislative process, as well as an extensive history of supporting profitable growth within the business community. Similarly, Jose Manuel brings proven expertise in successfully running consumer product goods production operations throughout Mexico, while working effectively with local governments and communities to promote economic development. Christy and Jose Manuel will add unique perspective that enhances our board’s ability to provide guidance needed to sustain Constellation’s momentum in the marketplace.”

Constellation Brands New Board Member

Jose Manuel Madero, Former CEO Grupo Bepensa

Clark currently serves as a senior advisor at Bennett Jones LLP, an internationally recognized and leading Canadian law firm, where she advises clients on matters related to infrastructure, international trade, natural resources and other factors needed to achieve sustained and profitable growth. Prior to joining Bennett Jones, Clark served in a variety of roles in Canadian government, including her most recent role as the Premier of the Province of British Columbia for six-and-a-half years from 2011 to 2017.

“I’m very excited to join Constellation Brands’ board of directors,” said Clark. “Constellation is an industry pioneer with a demonstrated willingness to pursue emerging market opportunities that keep the company on the forefront of consumer trends. I look forward to working with the rest of the board and lending my perspective to help sustain the company’s success well into the future.”

Madero most recently served as chief executive officer from 2015 to 2019 at Grupo Bepensa, a Mexican business group comprised of 40 companies across the food and beverage, alcohol, automotive and financial services sectors. Prior to joining Grupo Bepensa, Madero served in a number of senior leadership roles at Monsanto Company and Grupo Pulsar, and currently serves as honorary advisor to the head office of the President of Mexico.

“Constellation Brands’ iconic Mexican beer brands have been part of the fabric of Mexican culture for many years,” said Madero. “I look forward to working with my fellow board members to help ensure the company’s production operations are well-positioned to support its long-term objectives as Constellation’s business continues to grow and evolve.”

About Constellation Brands
Constellation Brands (NYSE: STZ and STZ.B), a Fortune 500® company, is a leading international producer and marketer of beer, wine and spirits with operations in the U.S., Mexico, New Zealand, Italy, and Canada. Constellation is the No. 3 beer company in the U.S. with high-end, iconic imported beer brands such as the Corona and Modelo brand families, and Pacifico. Its high-quality wine and spirits brands include the Robert Mondavi and The Prisoner Wine Company brand families, Kim Crawford, Ruffino, Meiomi, and SVEDKA Vodka. The company’s portfolio also includes a collection of highly-rated wine brands such as SIMI and Mount Veeder Winery, spirits brands High West Whiskey and Casa Noble Tequila, as well as new wine innovations such as Cooper & Thief and Spoken Barrel.

Based in Victor, N.Y., the company believes that industry leadership involves a commitment to brand building, our trade partners, the environment, our investors, and to consumers around the world who choose our products when celebrating big moments or enjoying quiet ones. Since its founding in 1945, Constellation’s ability to see, meet and stay ahead of shifting consumer preferences and trends across total beverage alcohol has fueled our success and made us one of the top growth contributors in beverage alcohol in the U.S.

To learn more, follow us on Twitter @cbrands and visit www.cbrands.com.

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Taiwanese Man Gets Suspended Jail Term over Radio Broadcasts into China

A Taiwanese businessman was convicted in a Thai court Thursday of illegally hosting a radio station that broadcast uncensored news to listeners in China and sentenced to eight months in jail, suspended for two years, his lawyer said.

Chiang Yung-hsin and his lawyer appeared at Chiang Mai provincial court, 720 kilometers (450 miles) north of Bangkok, Thursday morning to hear the verdict on the charges of possession and use of an unlicensed transmitter and setting up an unlicensed radio station.

The court sentenced him to 8 months in jail but suspended the penalty for two years and fined him 60,000 baht ($2,000), Chiang’s lawyer, Tawat Wipanguean told BenarNews, an RFA-affiliated online news service.

In other words, the court believes he knew about the station. Luckily he was not jailed.

Now he becomes a convict but he stays out of jail due to the suspension and becomes persona non-grata, he added.

Chiang, 52, was indicted in January on charges of setting up the station without a permit for Sound of Hope (SOH), a San Francisco-based radio network that was founded by Falun Gong, a religious movement banned in China, according to court documents.

Chiang consistently denied the charges in a case that played out amid claims that Beijing pressured Thai authorities to shut down the station.

Tawat told BenarNews that Chiang will go back to Taiwan and discuss with his family what to do next.

He has not seen his wife for over a year now. We have a month to appeal but if he doesn’t come back again, we won’t appeal the case,

A court official confirmed the verdict was read Thursday morning but the court declined to reveal the verdict to the public. An assistant of Chiang said he was not comfortable commenting on the case at the moment.

Thailand strictly controls radio and TV stations as well as prohibiting broadcasts in foreign languages, except for pre-approved items, to neighboring countries, according to broadcast experts.

Founded in 1992 in China’s northeast, the Falun Gong spiritual movement gained increasing influence as the fastest growing religion in the PRC and overseas over the next seven years. In 1999 the Chinese government at the orders of then President Jiang Zemin began a harsh and sometimes deadly crackdown on the sect, dragging practitioners from their homes and sending them to detention centers.

Outside of China, the movement was considered harmless and continued to flourish. It is often cited as an example of religious persecution in China, with practitioners and allied religious freedom advocates holding protests in major cities to bring attention to the situation faced by Falun Gong believers in the PRC.

Copyright (copyright) 1998-2016, RFA. Used with the permission of Radio Free Asia, 2025 M St. NW, Suite 300, Washington DC 20036

Myanmar Security Readiness Questioned Amid Bomb Threats, Laser Incident

Myanmar authorities have rolled out additional security measures in major cities following recent alleged bomb threats by ethnic armed groups, with special squads patrolling busy public areas after Western nations issued alerts following the release of a leaked memo about possible attacks, police said Thursday.

Another incident earlier this week involving a laser pointer aimed at Myanmar leader Aung San Suu Kyi has raised questions about the security of the nation’s top officials.

The classified security memo issued by the President’s Office in mid-September identified Sept. 16, 26 and Oct. 16 as dates set by some ethnic armed groups for attacks in Naypyidaw, Yangon, and Mandalay, and instructed government offices to increase their safety measures.

The leaked letter, which circulated widely on social media, prompted warnings this week from the U.S. Embassy in Myanmar and other Western governments for their citizens to remain vigilant when traveling and to avoid Rakhine and northern Shan state where ethnic armies have been engaged in armed conflict with Myanmar forces.

The classified letter said that a group of 20 members from four ethnic armies planned the attacks at a meeting in northern Thailand on Aug. 30.

The ethnic armies mentioned in the letter � the Arakan Army (AA), Kachin Independence Army (KIA), Chin National Front (CNF), and Karen National Union (KNU) � denied that they had discussed or planned any attacks.

Police Major Myo Thu Soe told RFA’s Myanmar Service that none of the foreign embassies or governments that issued the warnings have contacted local police so far.

The embassies issued the warnings as they received information from their own sources, he said. I have nothing to comment on that. We are only focusing on our regular work.

He added that police were implementing the security plan laid out by policymakers, and not tightening security measures because of reports circulating on the internet.

Police were deployed in Naypyidaw on Thursday to patrol markets and other crowded areas because of the warnings and news of possible bombings, a police officer on duty in the capital told the online journal The Irrawaddy.

Another police official in Mandalay told the publication that bomb squads were conducting random security checks in crowded public places to search for any unusual items, and preparing to increase security.

Myanmar military spokesman Major General Zaw Min Tun told RFA in an earlier report that authorities were working on tightening the security in Naypyidaw, and that the leak of classified information would create problems.

The ethnic armies said the leaked letter would damage trust-building between the parties involved in the country’s peace process to end decades of internal conflict.

‘Grave consequences’

One analyst said he was concerned about shortcomings in Myanmar internal security operations.

Thein Tun Oo, director of the Thayninga Institute for Strategic Studies, a think tank formed by military veterans, said everybody � not just foreign nationals in Myanmar � should be cautious because the country’s security system is broken.

We learned about this [letter] only because the classified document went viral on the internet, so we should think about the possibilities of how the enemy can get this kind of information without going online, he said.

The authorities concerned should meticulously reevaluate and tighten their security measures, he advised, adding that the country’s security system has been dangerously breached.

If we can’t fix it in time, there will be grave consequences, Thein Tun Oo said. We are concerned about that.

Laser incident in Yangon

A related incident involving Aung San Suu Kyi on Tuesday raised questions about the country’s level of internal security when it comes to protecting top government officials.

An unknown person aimed a green laser pointer at the state counselor’s face as she attended an opening ceremony for a biographical film about her father and the country’s independence hero, General Aung San, at the Novotel Hotel in Yangon.

After a photo of the green laser on Aung San Suu Kyi’s face went viral on the internet, observers questioned the efficiency of her security personnel, who had failed to notice it.

I don’t know the details of the incident, but we will certainly reevaluate the programs of our security forces, as this concerns a national leader, said Police Colonel Myo Thu Soe, spokesman of the Myanmar Police Force.

Chit Win Maung, a Yangon-based journalist and member of the Myanmar Press Council, said authorities should investigate the incident.

It occurred in a hotel, so there would be CCTV and security details, he said. If this is all in place, then the authorities concerned should be able to take action. It is incomprehensible that a national leader has been targeted this way.

Thein Tun Oo from the Thayninga Institute for Strategic Studies noted that Aung San Suu Kyi’s security guards have not always remained vigilant in the past.

There has been a lot of criticism about the state counselor’s trips, he said.

Her bodyguards do not always stay close to the leader, he said. We don’t know how they will be able take care of her or the kinds of security protocols they use. These are minor issues, but it’s obvious that security has been breached.

There are weaknesses in the system, Thein Tin Oo added. We need to monitor how these weaknesses are going to be fixed.

Copyright (copyright) 1998-2016, RFA. Used with the permission of Radio Free Asia, 2025 M St. NW, Suite 300, Washington DC 20036