March 2023 – Page 2 – Indonesia News Gazette

March 31, 2023

Heze Peony International Communication Forum to Be Held on April 9, Sharing the Story of Peony with the World

AsiaNet 99864 Heze, China, March 31, 2023 (ANTARA/Xinhua-AsiaNet)– The Heze Peony International Communication Forum will be held at Huimengtai of Heze on April 9, hosted by the Publicity Department of the CPC Shandong Provincial Committee and the China Foreign Language Publishing Administration. Peony is beautiful, dignified and graceful as the most typical business card of the ‘Chinese Capital of Peony’ — Heze, a famous tourism brand of Hospitable Shandong and a cultural symbol rich in Chinese characteristics to be promoted worldwide. Themed ‘Creating a Chinese Cultural Identity and Sharing the Story of Heze Peony with the World’, the forum aims to promote the international communication of Heze peony and build a peony culture platform for strengthening mutual exchange, multi-industry integration and the city’s influence. ccording to The News Office of the People’s Government of Heze, the forum is mainly composed of ‘1+6+N’, where ‘1’ refers to a themed forum. Important guests will be invited to exchange new thoughts, ideas and judgments from different angles and dimensions on the world’s pattern and make the voice of China heard. ‘6’ refers to the six segments of the forum, namely the exhibition of achievements, the opening ceremony, keynote speeches, round-table seminars, the signing ceremony of ‘Cultural Communication and Innovation Cooperation Base – Peony Culture International Communication Center’, the launching of the initiative of peony garden construction overseas. ‘N’ refers to a series of of activities such as observation trips before the forum, themed seminars, media reports, foreign internet celebrity and influencer trips, ‘Peony Tea Party’ for international friends. Various activities will be closely combined with the peony and special industries of Heze. The guests and reporters will be invited to have an immersive experience of the peony garden, survey the peony industry and visit the special exhibition halls. The international forum will promote the shaping of an international peony brand and the international communication of peony culture. The CPC Committee and government of Heze have attached high importance to the event, going all out to promote the preparations for the event. Heze will warmly welcome guests and visitors from around the world and invite them appreciate the charm of the ‘Chinese Capital of Peony’. Source: The News Office of the People’s Government of Heze Image Attachments Links:

Source: Antara News Agency (ANA)

March 31, 2023

BPJS Health stresses importance of optimizing JKN program

Jakarta (ANTARA) – President Director of the National Healthcare and Social Security Agency (BPJS Health) Ali Ghufron Muktihas emphasized the importance of optimizing the National Health Insurance program (JKN) as a strategic program for providing social protection.”The JKN program is one of the social protection programs,” he said during a public discussion themed “Various Problems of Health Funding Sources in the Regions” in Jakarta on Thursday. The 20202024 National Medium-Term Development Plan (RPJMN) is targeting to extend social protection or Universal Health Coverage (UHC) to 98 percent of the population, he noted. “To realize this target, the government has issued Presidential Instruction Number 1 of 2022, which regulates the optimization of the implementation of the JKN program,” he disclosed. The instruction encourages all stakeholders, especially ministriesagencies and including local governments to work together to optimize the JKN program, Mukti noted. “The President instructed 30 ministries/institutions and local governments to take steps to optimize the JKN program,” he added. Some time ago, awards were also given to local governments that had achieved UHC, he added. “However, we must realize that besides the community’s participation in the JKN program, they must utilize it optimally,” he remarked. In order for the public to utilize the JKN program, the government must prepare funds to build health infrastructure and prepare health workers (doctors, nurses, and others), health devices, and provide equal access to health services, Mukti said. These efforts are challenges that must be overcome by local governments, including by separating public health efforts (UKM) and individual health efforts (UKP), he added. “For example, health promotion and prevention activities or promotive preventive activities that are included in UKM are the task of the Health Service or the Ministry of Health, while the UKP lies under BPJS Health’s responsibility,” he explained. UHC is a health concept wherein people can access quality health services, both public and individual health services, according to their needs without being constrained by costs. baca-jugaRelated news: East Java government to help with JKN fee to achieve UHCRelated news: BPJS Kesehatan asks recipients of UHC Awards to maintain achievement

Source: Antara News Agency (ANA)

March 30, 2023

Constellation Brands Forms Multi-Year, Multi-Million Dollar Partnership with Tastemade to Create First-of-its-Kind Content Studio

“Constellation + Tastemade Studios” launches to move the wine & spirits category forward through a modern, video-led marketing approach to engage consumers globally.

“Street Somm,” an original series following a sommelier’s travels and meals across the U.S., will premiere on the Tastemade streaming channel this year.

SAN FRANCISCO, March 30, 2023 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that it has formed a multi-year, multi-million dollar partnership with Tastemade, a modern media company, to launch a first-of-its-kind content studio that will create and distribute social and streaming content to drive consumer engagement globally for Constellation Brands Wine & Spirits.

“Constellation + Tastemade Studios” will drive elevated storytelling to introduce a new, highly-engaged generation of LDA consumers to the wine and spirits category, through Constellation’s leading brands, including Robert Mondavi Winery, The Prisoner Wine Company, High West Whiskey, Kim Crawford, SIMI, Schrader Cellars, Double Diamond, To Kalon Vineyard Company, Ruffino Estates, Lingua Franca and others. The partnership will create a new slate of original and powerful series, inspired by these winning brands, that break through, inspire, and advance global wine and spirits culture with innovative storytelling formats spanning native social video and streaming television, as well as brand experiences. Key components of the deal include:

Originals for streamers: the development and sale of original series to streamers.
Originals for the Tastemade streaming channel: the development and distribution of longform shows, including Street Somm, on Tastemade’s streaming channel.
Talent, community, content management, and innovation: the development of a tailored approach to curating key brand storytellers and building an engaged community through content and experiences; the architecture of experiential activations, creator and talent partnerships, and platform innovation.
Native social video content: branded original social video content to drive awareness and increase sales.

The first streaming show resulting from the partnership will be, Street Somm, an on-the-go travel series that sends a curious, outgoing sommelier traveling around the country with one goal in mind: to explore mouthwatering eats, learn the story behind them, and find unexpected wine pairings around every corner. In each episode, the “Street Somm” journeys to a new U.S. city where they will meet an in-the-know local to eat and pair in creative and surprising ways – putting a fun twist on the “right” way to pair wine and challenging any preconceived notions about wine and food.

A Media Snippet accompanying this announcement is available by clicking on the image or link below:

“We’re excited to launch this bold and innovative partnership with Tastemade, which we believe will bring new and diverse consumers into the category,” said Robert Hanson, executive vice president and president, Constellation Brands’ wine and spirits division. “Consumers today are in the driver’s seat and choose to engage with brands that not only deliver high quality, great tasting wines and spirits, but exciting and engaging experiences across modern channels. Our collaboration with Tastemade accelerates our consumer-obsessed strategy through rich storytelling, dynamic talent partnerships, native social video content and authentic consumer engagement moments that we anticipate will win with audiences around the world.”

“Constellation has established itself as a true innovator in the premium wine and spirits industry, creating a bold portfolio of distinctive brands that are loved by consumers,” says Tastemade’s Co-Founder & CEO Larry Fitzgibbon. “We’re thrilled to be expanding our partnership with the Constellation Brands Wine & Spirits team to leverage our expertise to create a content studio that inspires culture, audiences, and impact around wine and spirits.”

The venture will be nimble and at massive scale due to Constellation Brands Wine & Spirits’ global portfolio reach and Tastemade’s existing global platform. Programming will include original content and series for streamers; development of original concepts and series for Tastemade’s streaming channels; as well as original social content, talent partnerships, media, and experiential partnerships.

Constellation Brands Wine & Spirits is building a bold and innovative, high-end wine and spirits company with distinctive brands and products, delivering exceptional consumer experiences. The company has reshaped its wine and spirits portfolio to become a leading global premium, fine wine and craft spirits house of brands that align with consumer preferences. Each of its brands has a rich and distinctive story to tell, and Tastemade is uniquely equipped to not only bring those stories to life, but to also share them with a built-in global audience of more than 300 million monthly viewers on all major digital, mobile, and streaming television platforms.

ABOUT CONSTELLATION BRANDS

Constellation Brands (NYSE: STZ) is a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Our mission is to build brands that people love because we believe elevating human connections is Worth Reaching For. It’s worth our dedication, hard work, and calculated risks to anticipate market trends and deliver more for our consumers, shareholders, employees, and industry. This dedication is what has driven us to become one of the fastest-growing, large CPG companies in the U.S. at retail, and it drives our pursuit to deliver what’s next.

Every day, people reach for our high-end, iconic imported beer brands such as those in the Corona brand family like the flagship Corona Extra, Modelo Especial and the flavorful lineup of Modelo Cheladas, Pacifico, and Victoria; our fine wine and craft spirits brands including The Prisoner Wine Company, Robert Mondavi Winery, Casa Noble Tequila, and High West Whiskey; and our premium wine brands such as Kim Crawford and Meiomi.

As an agriculture-based company, we have a long history of operating sustainably and responsibly. Our ESG strategy is embedded into our business and our work focuses on serving as good stewards of the environment, enhancing social equity within our industry and communities, and promoting responsible beverage alcohol consumption. These commitments ground our aspirations beyond driving the bottom line as we work to create a future that is truly Worth Reaching For.

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

ABOUT TASTEMADE

Tastemade is a modern media company that engages a global audience of more than 300 million monthly viewers on all major digital, mobile, and streaming television platforms, garnering 700 million minutes watched each month. We create award-winning video content and original programming in the categories of Food, Travel, and Home & Design that we share with an engaged, passionate, and global community. Tastemade has won a host of awards and accolades for its innovation and original programming, including three James Beard Awards, two Emmy Awards, and was most recently recognized as one of Fast Company’s “Most Innovative Companies” in 2021. For more information, visit Tastemade at: www.tastemade.com.

MEDIA CONTACTS
Alex Wagner, Constellation Brands: alex.wagner@cbrands.com Brooke Garringer, Tastemade: brooke.swilley@tastemade.com

A downloadable PDF copy of this news release can be found here http://ml.globenewswire.com/Resource/Download/ac738100-fa04-472e-a59b-1f60153b5d3b

GlobeNewswire Distribution ID 8798698

March 30, 2023

Citeline Launches TrialScope Intelligence, Meeting the Growing Complexities of Clinical Trial Disclosure

NEW YORK, March 30, 2023 (GLOBE NEWSWIRE) — Clinical trial disclosure compliance is challenging, whether a sponsor is registering five trials or 500 trials. Compounding the complexity is the fact that no global standards exist for disclosure. With ever-changing global regulations, new requirements on the rise and the threat of monetary penalties, study sponsors are feeling the pressure to maintain compliance, minimize risk and safeguard their brand reputation.

Created for by disclosure experts for any professional overseeing the disclosure process in life sciences organizations — disclosure, regulatory affairs, ClinOps and others — Citeline’s new TrialScope Intelligence platform is an all-in-one disclosure solution that centralizes the critical knowledge needed in clinical research for timely compliance with global clinical trial requirements. Citeline’s portfolio of solutions and services covers all aspects of drug development: clinical, regulatory and commercial. TrialScope Intelligence complements Citeline’s flagship regulatory solution, TrialScope Disclose, the industry’s most widely used platform for clinical trial disclosure management.

TrialScope Intelligence empowers compliance stakeholders to proactively plan trial disclosure throughout the clinical lifecycle. In an easily digestible format, it provides granular, country-specific requirements for close to 200 countries, English translations, disclosure trends and insights, all with intelligent, action-oriented functionalities.

With TrialScope Intelligence, users regain hours previously spent searching, mining data for pertinent regulatory information, keeping up to date and monitoring trends. TrialScope Intelligence also enhances collaboration across teams and favors alignment with external parties.

Just as parent company Norstella helps life sciences clients navigate each step of the drug development life cycle, Citeline’s TrialScope Intelligence helps study sponsors navigate the complexities of clinical trial regulations.

“Our mission,” said David Laky, Citeline’s Clinical and Regulatory General Manager, “is to help sponsors understand their regulatory requirements in advance of starting a clinical trial and reduce the risks of noncompliance by helping them sharpen their knowledge, strategize, plan out and manage timely clinical trial disclosures globally. With TrialScope Intelligence, sponsors know what, when, why and how they need to comply.” He explained that each branch of the solution is validated along the way, with new branches to be added, as TrialScope Intelligence continually evolves post-launch. “It’s an iterative cycle, and it’s meant to never end.”

Clinical trial disclosure, in addition to meeting legal requirements, reflects sponsors’ commitment to transparency. This translates to increased investor confidence, public trust, and patient participation in clinical trials.

Learn more about TrialScope Intelligence.

About Citeline
Citeline, a Norstella company, powers a full suite of complementary business intelligence offerings to meet the evolving needs of life science professionals to accelerate the connection of treatments to patients and patients to treatments. These patient-focused solutions and services deliver and analyze data used to drive clinical, commercial, and regulatory-related decisions and create real-world opportunities for growth.

Citeline’s global teams of analysts, journalists and consultants keep their fingers on the pulse of the pharmaceutical, biomedical and medtech industries, covering it all with expert insights: key diseases, clinical trials, drug R&D and approvals, market forecasts and more. For more information on one of the world’s most trusted health science partners, visit Citeline.

Citeline PR contact:
Diffusion PR for Citeline
citeline@diffusionpr.com
(213) 318-4500

GlobeNewswire Distribution ID 8795278

March 30, 2023

Vista Equity Partners Completes Acquisition of Duck Creek Technologies

Boston, March 30, 2023 (GLOBE NEWSWIRE) — Duck Creek Technologies (“Duck Creek”), the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, today announced the completion of its acquisition by Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses, for $19.00 per share, in an all-cash transaction valued at approximately $2.6 billion.

“We are excited to commence our partnership with Vista Equity Partners and work together to advance the next generation of P&C insurance technology,” said Michael Jackowski, Chief Executive Officer of Duck Creek. “With Vista’s global network and deep sector expertise, we will be better positioned to support and accelerate the industry’s transition to the cloud while continuing to deliver a best-in-class customer experience.”

“Duck Creek is a demonstrated leader in the P&C space, delivering innovative solutions that empower carriers to be faster and more nimble in servicing the digital needs of their customers,” said Monti Saroya, Senior Managing Director and Co-Head of Vista’s Flagship Fund. “We look forward to partnering with Mike and the Duck Creek team as they continue to scale and define the future of P&C insurance technology.”

“We’re excited to welcome Duck Creek to the Vista ecosystem,” said Jeff Wilson, Managing Director at Vista. “Their commitment to excellence and innovation coupled with Vista’s experience in driving sustainable growth will take the business to new heights while delivering solutions that help carriers transform their business.”

Duck Creek has earned the right to partner with and provide its modern technology solutions to an esteemed list of leading carriers across the globe, including Berkshire Hathaway Specialty Insurance, Hollard Insurance, Northbridge Financial Corporation and Tokio Marine.

With the completion of the transaction, Duck Creek Technologies shares have ceased trading and are no longer listed on the Nasdaq Global Select Market.

J.P. Morgan acted as financial advisor to Duck Creek, and Skadden, Arps, Slate, Meagher & Flom LLP acted as legal counsel to Duck Creek.

Evercore acted as financial advisor to the Special Committee of the Duck Creek Board of Directors, and Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal counsel to the Special Committee of the Duck Creek Board of Directors.

RBC Capital Markets acted as financial advisor to Vista, and Kirkland & Ellis LLP acted as legal counsel to Vista.

About Duck Creek Technologies

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

About Vista Equity Partners

Vista is a leading global investment firm with more than $95 billion in assets under management as of September 30, 2022. The firm exclusively invests in enterprise software, data and technology-enabled organizations across private equity, permanent capital, credit and public equity strategies, bringing an approach that prioritizes creating enduring market value for the benefit of its global ecosystem of investors, companies, customers and employees. Vista’s investments are anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions and proven, flexible management techniques that drive sustainable growth. Vista believes the transformative power of technology is the key to an even better future – a healthier planet, a smarter economy, a diverse and inclusive community and a broader path to prosperity. Further information is available at vistaequitypartners.com. Follow Vista on LinkedIn, @Vista Equity Partners, and on Twitter, @Vista_Equity.

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

GlobeNewswire Distribution ID 8798688

March 30, 2023

Hitachi Energy and Petrofac secure landmark offshore wind agreement worth approximately 13 billion euros

Largest framework agreement in Hitachi Energy company history, enabling long-term capacity expansion to accelerate the energy transition.Complementary technologies and expertise support TenneT’s offshore wind capacity expansion in the German and Dutch sectors of the North Sea.

Zurich, Switzerland, March 30, 2023 (GLOBE NEWSWIRE) — Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, and Petrofac, a leading international service provider to the energy industry, have been selected by TenneT, the Dutch-German transmission system operator, to supply multiple offshore and onshore HVDC converter stations and associated infrastructure to accelerate the integration of bulk renewables into European power grids.

Hitachi Energy and Petrofac were awarded the multi-year framework agreement as part of TenneT’s ambitious offshore wind “2GW Program”¹, based on high-voltage direct current (HVDC) technology pioneered by Hitachi Energy.

The agreement includes an initial commitment to deploy six record-breaking renewable integration systems, five of which will connect offshore wind farms to the Dutch grid and the sixth to the German grid. Each of these connection systems has a capacity of 2 gigawatts (GW) and a voltage level of 525 kilovolts (kV) – a world-first for offshore wind.

This landmark framework agreement is the largest ever for Hitachi Energy. It confirms the opportunity to innovate how state-of-the-art technology can be deployed effectively and how new business models enable the scale needed for the green energy transition. The framework agreement approach allows Hitachi Energy and Petrofac to plan in advance and increase their workforce and manufacturing capacity timely as well as train people to have the skills needed in the industry while also capturing synergies between successive projects to meet the in-service dates.

Hitachi Energy will supply its HVDC Light^® converter stations, which convert AC to DC power offshore and DC to AC onshore. Petrofac will undertake the engineering, procurement, construction and installation (EPCI) of the offshore platforms and elements of the onshore converter stations.

The first contract under the framework, for the Ijmuiden Ver Alpha project, was awarded with immediate effect. The second, Nederwiek 1, is expected to be awarded later in the year. The framework also includes projects Doordewind 1, Doordewind 2, Nederwiek 3 and LanWin5, expected to be awarded over a 2024-2026 timeframe.

“This innovative business model will set the course for the integration of a huge amount of offshore wind power and gives visibility of the future. In fact, we are already hiring to expand our global delivery capacity and effectively fulfill these and other orders,” said Niklas Persson, Managing Director at Hitachi Energy’s Grid Integration business. “We’re proud to be part of this journey and, along with our partner Petrofac, we are setting the benchmark for deploying offshore HVDC technology at scale and with speed.”

“Today’s announcement represents an exciting next step in Petrofac and Hitachi Energy’s collaboration. We have already secured key resource and the yard capacity required to expedite the first two projects in TenneT’s ground-breaking program,” said Sami Iskander, Petrofac’s Group Chief Executive. “By combining Petrofac’s industry-leading EPCI expertise and Hitachi Energy’s well proven technology, we look forward to supporting TenneT to connect larger, more effective wind farms to deliver affordable clean energy for millions of European homes.”

“TenneT has the technical know-how, scale, and geographical position to connect wind energy from the North Sea. This is one of the most important infrastructure projects of the century; the green transformation of the energy system is key for the decarbonisation of industry,” said Tim Meyerjürgens, COO of TenneT. “Together with our market partners, we are very proud to have achieved another important milestone. Together we secure decisive acceleration of the offshore grid development and set the course for the future European energy landscape.”

“The new long-term approach goes hand in hand with a fundamental change in values towards a strong partnership. This approach enables both sides with more flexibility, technological progress, and planning security,” said Marco Kuijpers, Director Large Projects Offshore of TenneT. This benefits all parties and secures employment, growth, and the strengthening of supply chains. We can already see that our partners invest in extra resources and facilities.”

Hitachi Energy and Petrofac began working together in June 2022, to provide joint grid integration and associated infrastructure solutions to support TenneT’s 2GW Program.²

In the same year, Germany, the Netherlands, Denmark and Belgium agreed to install at least 65 gigawatts of offshore wind energy combined by 2030 announced with the inter-governmental Esbjerg Declaration.³ At 40 gigawatts, almost two-thirds of this capacity is accounted for by TenneT, with 20 gigawatts each in the German and Dutch North Sea sectors.

1 TenneT’s 2GW Program
2 Hitachi Energy and Petrofac to collaborate in growing offshore wind market
3 The Esbjerg Declaration

HVDC website:
https://www.hitachienergy.com/offering/product-and-system/hvdc

About Hitachi Energy Ltd.
Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 40,000 people in 90 countries and generate business volumes of approximately $10 billion USD.
https://www.hitachienergy.com
https://www.linkedin.com/company/hitachienergy
https://twitter.com/HitachiEnergy

About Hitachi, Ltd.
Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company’s consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.

About Petrofac
Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world’s leading energy companies.

Petrofac designs, builds, manages and maintains oil, gas, refining, petrochemicals and renewable energy infrastructure. Our purpose is to enable our clients to meet the world’s evolving energy needs. Our four values – driven, agile, respectful and open – are at the heart of everything we do.

Petrofac’s core markets are in the Middle East and North Africa (MENA) region and the UK North Sea, where we have built a long and successful track record of safe, reliable and innovative execution, underpinned by a cost effective and local delivery model with a strong focus on in-country value. We operate in several other significant markets, including India, Southeast Asia and the United States. We have 8,000 employees based across 31 offices globally.

Petrofac is quoted on the London Stock Exchange (symbol: PFC). For additional information, please refer to the Petrofac website at www.petrofac.com

Media contacts:
Jocelyn Chang
Global Head of Public Relations & Content Strategy
Hitachi Energy
jocelyn.chang@hitachienergy.com

Sophie Reid
Group Head of Communications
Petrofac
sophie.reid@petrofac.com

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2GW offshore platform. Photo courtesy of TenneT

Jocelyn Chang
Hitachi Energy
jocelyn.chang@hitachienergy.com

GlobeNewswire Distribution ID 8798527

March 30, 2023

Ex-Cap leverages the Tether Gold token (XAUt) to provide clients with trading accounts backed by physical gold

LONDON, March 30, 2023 (GLOBE NEWSWIRE) — Future Finance Group´s innovative platform Ex-Cap.com is launching cutting-edge trading product for the most demanding customers. After platform itself launching in late 2022, it already brings this novelty product “Gold Backed Accounts” to its first customers starting 1st of April 2023.

The Ex-Cap platform provides clients with 3 types of trading accounts, and from April 2023 it offers an absolute novelty on the market – trading accounts backed by physical gold. This is achieved thanks to the possibility to maintain a trading account in the cryptocurrency Tether Gold, which is backed by gold, which can be physically delivered to clients in Switzerland even in a shortened period of time.

Completely new possibilities are brought by the combination of a proven store of money value together with all the advantages of digital currencies. At a time of growing demand for inflation protection, the Ex-cap.com platform combines the many benefits of holding gold with innovations in the world of digital currencies. The client has a digital currency XAUt on his trading account, which he can personally convert into physical gold in the form of ingots on request in Switzerland.

Another option is to maintain an account in the Tether stablecoin, which allows clients to trade in an account currency that is immune to fluctuations in the exchange rates of classic cryptocurrencies.

Compared to other ways of owning gold, XAUt has the advantage of providing anti-inflationary protection while being highly liquid and suitable for short-term trading. On the contrary, long-term investors will appreciate the absence of fees associated with holding the XAUt token and its above-standard security.

In addition, you can have an account maintained in the third largest cryptocurrency in Tether – US(D)T, which has a total capitalization in the tens of billions of dollars

Tether, the company that issues the digital currency, holds adequate dollar reserves, according to the latest audit. Another advantage is the increased speed of transactions. Depending on the deposit or withdrawal method used, the Ex-cap.com platform is able to process deposits or withdrawals as little as 60 seconds.

Why Ex-Cap?

The way the Ex-cap.com platform applies these new technologies allows the investor to retain the benefits of owning gold while not losing the opportunity to react to what is happening on the markets. If the trading account is maintained in XAUt, it is fully backed by gold and it is possible to immediately place any trading orders on all available markets within the proven MetaTrader4 trading platform.

In addition to the standard cryptocurrency offer, Ex-Cap.com has a very wide range of tokenized stocks and futures, thanks to which clients can build exposure to both classic and exotic markets. Thanks to this, a client looking for a comprehensive trading solution no longer has to simultaneously operate and pay for 2-3 trading accounts.

Media Contact Details:
Contact email: media@ex-cap.com

GlobeNewswire Distribution ID 8793523

March 30, 2023

Sinch appoints Laurinda Pang as CEO

Stockholm, Sweden – March 29, 2023 – Sinch AB (publ), which powers meaningful conversations between businesses and their customers through its Customer Communications Cloud, today announced that its Board of Directors has appointed Laurinda Pang as CEO. She replaces Johan Hedberg, who currently serves as interim CEO, on April 17, 2023.

Laurinda Pang brings more than 25 years of executive leadership experience and joins Sinch from a recent position as President, Global Customer Success, at Lumen Technologies. Beyond global responsibility for Lumen’s enterprise customer success organization, the role included full P&L responsibility for the company’s International operations and carrier relations, which together employ more than 4,000 people and generate annual revenues of USD 12 billion. Prior to this, Ms. Pang has held leadership roles spanning Sales, Operations, Strategy, Human Resources and Investor Relations at CenturyLink, Level 3 Communications and Global Crossing. She has designed and implemented several enterprise-wide transformational change initiatives and has played a pivotal role in the successful integration of multiple acquired businesses.

“Laurinda is an accomplished leader with a customer-first mindset and a proven ability to lead through transformation. Her focus on high-performing teams and ability to drive exceptional business outcomes makes her ideally placed to lead Sinch in this next chapter,” comments Erik Fröberg, Chairman of Sinch’s Board of Directors. “I also want to take this opportunity to sincerely thank Johan Hedberg for his valuable contribution as interim CEO over the past year,” continues Fröberg.

“Businesses thrive by delivering real value and servicing their customers well. Sinch offers the technology that businesses need to engage with customers in the digital era and has secured an enviable position as a global leader in its field. I am excited about the many opportunities that lie ahead and eager to engage with colleagues and customers to realize this potential,” comments Sinch’s incoming CEO, Laurinda Pang.

For further information, please contact

Thomas Heath
Chief Strategy Officer & Head of Investor Relations
Mobile: +46 722 45 50 55
E-mail: investors@sinch.com

Ola Elmeland
Investor Relations Director
Mobile: +46 721 43 34 59
E-mail: investors@sinch.com

About Sinch

Sinch powers meaningful conversations between businesses and their customers through its Customer Communications Cloud. More than 150,000 businesses – including many of the world’s largest tech companies – rely on Sinch and its global super network, which is the most secure and reliable network for messaging, voice and email. Sinch has been profitable and fast-growing since it was founded in 2008. It is headquartered in Stockholm, Sweden, with shares traded at NASDAQ Stockholm: XSTO:SINCH. Learn more at sinch.com. Learn more at sinch.com.

Sinch AB (publ) is required to publish this information pursuant to the EU Market Abuse Regulation. The information was released for publication by the contact person above on March 29, 2023, at 19:30 CEST.

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GlobeNewswire Distribution ID 1000800978