June 15, 2023 – Indonesia News Gazette

June 15, 2023

LambdaTest launches AI-powered command logs analytics in its test intelligence platform

With essential widgets like command status summary, error status trends, command type trends, error messages categorization, and command success trends, users will have enhanced control over their logs

San Francisco, June 15, 2023 (GLOBE NEWSWIRE) — LambdaTest, a unified enterprise test execution cloud platform, has launched AI-powered command logs analytics in its test intelligence platform. Customers can now intelligently analyze the test execution on the platform and gain insights into the error commands that are causing the test runs to fail.

First, the ‘command status summary’ widget offers a summary of the response statuses for Selenium commands executed on the platform. This is visualized using a tree map, giving a quick and clear overview of the system’s status. Next up, the ‘command error trends’ widget provides a time-series representation of command log HTTP response statuses and groups tests with similar response statuses for a clear view of the system’s health and performance trends. Users can also use the ‘command error categorization’ widget to sort unique error messages from command logs, allowing users to identify common issues and prioritize bug fixes.

Also, users can identify potential system bottlenecks and optimization opportunities with the ‘command type trends’ widget. It shows the trends of endpoint usage over time by displaying the count of commands for each name mapped to the endpoint/request path. Finally, users can see a time-series view of the number of tests where all commands were successfully executed with the ‘command success trends’ widget.

“Given the pace at which customers expect feature/product releases, it is important for digital businesses to keep a keen eye on test intelligence, especially the nuts and bolts of their commands and the resultant errors. However, it is usually a painstaking manual process that eats away a lot of what could potentially have been development time,” said Mayank Bhola, Co-founder and Head of Product, LambdaTest. “With our AI-powered command logs analytics, development teams now have an intelligent assistant that can do the heavy lifting and they can, in turn, focus on the decision-making. This will result in faster bug fixes, higher-quality software development, reduced time-to-market, and enhanced end-customer satisfaction.”

For more details, visit: https://www.lambdatest.com/test-intelligence/

About LambdaTest

LambdaTest is an AI-powered unified enterprise test execution cloud platform that helps businesses drastically reduce time to market through faster test execution, ensuring quality releases and accelerated digital transformation. Over 10,000+ enterprise customers and 2+ million users across 130+ countries rely on LambdaTest for their testing needs.

● Browser & App Testing Cloud allows users to run both manual and automated tests of web and mobile apps across 3000+ different browsers, real devices, and operating system environments.

● HyperExecute helps customers run and orchestrate test grids in the cloud for any framework and programming language at blazing-fast speeds to cut down on quality test time, helping developers build software faster.

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

For further information, please contact the LambdaTest press office: press@lambdatest.com.

GlobeNewswire Distribution ID 8858940

June 15, 2023

การศึกษาใหม่เกี่ยวกับการพนันออนไลน์พบความเชื่อมโยงระหว่างสภาวะสุขภาพและการใช้เวลาบนหน้าจอที่มากเกินไป

แบบสำรวจที่ครอบคลุมเน้นให้เห็นถึงผลกระทบของการใช้เวลาบนหน้าจอที่มากเกินไปที่มีต่อความเป็นอยู่ที่ดี

Online Gambling and Health

Infographic showing Key Findings from Online Gambling and Health Survey

ลอนดอน, June 15, 2023 (GLOBE NEWSWIRE) — Minimum Deposit Casinos (MDC) ซึ่งเป็นแบรนด์ชั้นนำในด้านเกมการพนัน (iGaming) ได้จัดทำการศึกษาที่ครอบคลุมเป็นเวลานานหนึ่งเดือนเพื่อวิเคราะห์ปัญหาด้านสุขภาพที่เชื่อมโยงกับการพนันออนไลน์และการใช้หน้าจอ/อุปกรณ์มากเกินไป วัตถุประสงค์ของการศึกษาครั้งนี้ยึดตามหลักการการสร้างความตระหนักรู้และช่วยเพิ่มประสิทธิภาพการแทรกแซง เพื่อส่งเสริมและสนับสนุนแนวทางปฏิบัติของการพนันออนไลน์ให้เป็นไปอย่างมีความรับผิดชอบ ประเด็นหลักในผลการวิจัยประการหนึ่งชี้ให้เห็นว่านักเล่นพนันออนไลน์ที่ได้สำรวจจำนวน 41% เคยมีประสบการณ์สัมผัสกับความวิตกกังวลหรือภาวะซึมเศร้า

จุดที่การวิจัยในเดือนพฤษภาคม 2566 ให้ความสำคัญได้แก่การเกิดภาวะต่าง ๆ จากการใช้งานหน้าจอที่มากเกินไปซึ่งเกี่ยวข้องกับสภาวะสุขภาพ เช่น ความเครียด ความวิตกกังวล ปวดศีรษะ ซึมเศร้า ปวดคอและหลัง ความผิดปกติของการนอนหลับ และการนอนไม่หลับ ได้มีการสำรวจนักเล่นพนันออนไลน์หลายร้อยคนทั่วทั้งสี่ประเทศ ได้แก่ แคนาดา นิวซีแลนด์ สหราชอาณาจักร และสหรัฐอเมริกา Minimum Deposit Casinos พบข้อมูลเชิงลึกที่เปลี่ยนแปลงชีวิตในความเชื่อมโยงระหว่างพฤติกรรมการพนันออนไลน์และปัญหาสุขภาพเหล่านี้ ซึ่งจะมีการใช้ข้อมูลดังกล่าวเพื่อสร้างแนวทางที่ยั่งยืนมากขึ้นในการปรับปรุงและช่วยเหลือในด้านการจำกัดเวลาการใช้งานหน้าจอของผู้ใช้งานทางออนไลน์ เพื่อความเป็นอยู่ที่ดีโดยรวมของผู้ใช้งานในอนาคต

ข้อค้นพบที่สำคัญ

ข้อค้นพบที่สำคัญจากการศึกษาเผยให้เห็นถึงแนวโน้มที่สำคัญของทั้งสี่ประเทศ โดยมีการพบว่านักเล่นพนันส่วนใหญ่มีความเครียดหรือวิตกกังวล โดยอุปกรณ์พกพาเป็นแพลตฟอร์มยอดนิยมสำหรับการเล่นพนันออนไลน์ นอกจากนี้ยังมีการสรุปความชุกของอาการปวดหัวและไมเกรนในหมู่นักพนัน ซึ่งบ่งบอกถึงความเชื่อมโยงระหว่างความถี่ของการเล่นพนันออนไลน์และการเกิดภาวะเหล่านี้

การศึกษาเพิ่มเติมเผยให้เห็นการเกิดขึ้นของภาวะซึมเศร้า ความผิดปกติของการนอนหลับ และการนอนไม่หลับในหมู่นักเล่นพนันของทั้งสี่ประเทศ ความกังวลด้านสุขภาพเหล่านี้แพร่หลายมากขึ้นในกลุ่มผู้ที่ใช้เวลาส่วนใหญ่ไปกับกิจกรรมการพนัน

สามารถดูรายงานฉบับสมบูรณ์ซึ่งสรุปวิธีการและผลลัพธ์ได้ที่นี่: https://www.minimumdepositcasinos.org/2023/05/29/observing-the-online-gambling-habits-and-health-concerns-in-the-uk-ca-nz-us/

เกี่ยวกับ Minimum Deposit Casinos

Minimumdepositcasinos.org นำเสนอข้อมูลที่ถูกต้องและเป็นปัจจุบันเกี่ยวกับคาสิโนออนไลน์ที่ดีที่สุดทั่วโลก Minimum Deposit Casinos จัดทำขึ้นโดยทีมงานผู้เชี่ยวชาญด้านคาสิโนออนไลน์ โดยมีจุดมุ่งหมายเพื่อให้ข้อมูลเชิงลึกที่มีคุณค่าและส่งเสริมแนวทางปฏิบัติในรูปแบบออนไลน์ให้เป็นไปอย่างมีความรับผิดชอบสำหรับผู้ใช้งานทั่วโลก

สามารถดูอินโฟกราฟิกส์ที่ใช้ประกอบการประกาศนี้ได้ที่ https://www.globenewswire.com/NewsRoom/AttachmentNg/501e25af-1d5f-4ef0-a69e-09ab07dbfce0

หากสื่อมวลชนต้องการสอบถาม กรุณาติดต่อ:

อีเมล: info@minimumdepositcasinos.org

ทวิตเตอร์: @MinDeposCasino

GlobeNewswire Distribution ID 1000825448

June 15, 2023

SimpleNexus, an nCino Company, Announces New Integration with Empower, Black Knight’s Comprehensive Loan Origination System

Bidirectional integration brings a world-class homebuying experience and mobile origination toolset to financial institutions and independent mortgage banks

LEHI, Utah, June 15, 2023 (GLOBE NEWSWIRE) — SimpleNexus (https://simplenexus.com/), an nCino (NASDAQ: NCNO) company and developer of the leading U.S. homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced a new integration with Empower, Black Knight’s loan origination system (LOS). The bidirectional integration, available to financial institutions including independent mortgage banks nationwide, dynamically shares loan application data, milestone updates and documents in real time.

The integration between the SimpleNexus platform and Empower allows two-way sync of loan file data and milestone status updates. Additionally, this connection will offer borrowers all the modern conveniences of a world-class homebuying experience, such as the ability to securely photograph and upload documents from an Android or iOS mobile phone, while saving loan originators and back-office staff valuable time by eliminating the need for manual file import into other systems of record.

“We are excited about the opportunity this integration creates for us to help even more financial institutions and independent mortgage banks to work more efficiently and deliver seamless customer experiences,” said Ben Miller, CEO of SimpleNexus, an nCino Company. “Our integrations with best-in-class LOS providers like Black Knight make it easy for financial institutions to automate processes that enhance the experience for loan officers, the back office and borrowers alike.”

“Black Knight is continuing to help transform the mortgage industry by providing lenders with advanced technology capabilities to help streamline their operations and enhance the borrower experience,” said Rich Gagliano, president, Origination Technologies, Black Knight. “We look forward to continuing our collaboration with the SimpleNexus team and supporting their continued growth and success in the industry.”

“Ross Mortgage is pleased to be the first to utilize the new integration between SimpleNexus and Empower LOS,” said Ericka Staton, Ross Mortgage’s EVP of marketing. “We are deeply committed to delivering an unparalleled customer experience — in fact, it’s one of our core values, which we call our #RossWays — and this integration will allow us to do just that. In addition, the automatic flow of loan applications, milestone updates and borrower documents will give us a huge lift in efficiency.”

Those interested in learning more can view a complete list of integrations or request a demo.

About SimpleNexus
SimpleNexus, an nCino (NASDAQ: NCNO) company, is an award-winning developer of mobile-first technology for the modern mortgage lender. U.S. lenders depend on our namesake homeownership platform to unite the people, systems and stages of the mortgage process into a seamless, end-to-end solution that spans engagement, origination, closing and business intelligence. By helping lenders manage their teams and stay connected with borrowers and real estate professionals, we deliver a measurable return on investment in the form of reduced turn times, increased loan application submissions and more referral business. A four-time Inc. 5000 company, SimpleNexus has been recognized as one of the world’s Best Workplaces for Innovators. For more information, visit https://www.simplenexus.com or follow @SimpleNexus.

Media Contacts
Leslie Colley
DepthPR for SimpleNexus, an nCino Company
+1 678.622.6229
leslie@depthpr.com

Natalia Moose
nCino
natalia.moose@ncino.com

Safe Harbor Statement
This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions. Any forward-looking statements contained in this press release are based upon nCino’s historical performance and its current plans, estimates, and expectations, and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may cause these expectations to change and, except as may be required by law, nCino does not undertake any obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially including, among others, risks and uncertainties relating to the market adoption of our solution and privacy and data security matters. Additional risks and uncertainties that could affect nCino’s business and financial results are included in reports filed by nCino with the U.S. Securities and Exchange Commission (available on our web site at www.ncino.com or the SEC’s web site at www.sec.gov). Further information on potential risks that could affect actual results will be included in other filings nCino makes with the SEC from time to time.

GlobeNewswire Distribution ID 8857850

June 15, 2023

Bridge International Academies celebrates potential of all African children on Day of the African Child

Bridge International Academies School

Bridge Kenya pupil reads to class

NAIROBI, Kenya, June 15, 2023 (GLOBE NEWSWIRE) — Bridge International Academies is marking the Day of the African Child by celebrating the potential of each and every child in Africa.

The school network, which includes Bridge Kenya, Bridge Nigeria and Bridge Uganda, supports children and parents in underprivileged communities through quality education.

The day, commemorating a series of demonstrations and protests in 1976 led by thousands of South African school children, is synonymous with taking action in education, and 2023 marks a historic opportunity that if missed will be a great loss for Africa and the world.

2023 is the year when Sub-Saharan Africa leads the world as the region with the most young people (0-14) – the size and acceleration of this age cohort are historically unprecedented. Additionally, 60% of the region’s population is under 25 years of age.

Bridge Kenya pupil reads to class

Bridge Kenya pupil reads to class

Reuben Wambugu, Bridge Group Managing Director, said, “This demographic tipping point marks a historic moment of opportunity. With effective education, a skilled and energised future labour force could emerge from Africa and drive transformation both on the continent and around the world. Crippling rates of learning poverty threaten to derail this prospect however. Only 10% of children in sub-Saharan Africa are able to read a simple sentence by the age of 10.”

A recent study in Kenya of Bridge International Academies pedagogies, led by Nobel Prize winning economist Professor Michael Kremer, confirmed its “highly standardised education has the potential to produce dramatic learning gains at scale.”

Speaking on the success of Bridge’s methods, Bridge Nigeria Managing Director, Foyinsola Akinjayeju, said, “Bridge Nigeria schools produce some of the top students in the Nigeria National Common Entrance Exam. 80% perform above the average sample for literacy compared to just 18% in public schools. For eight years now Bridge Kenya pupils too have exceeded the national average in their primary school exit exam. With results like these it is clear that all African children can and must benefit from access to a quality education which drives learning. Their potential is unlimited. All African parents want their children to learn. Bridge International Academies is supporting thousands of them to do so.”

To learn more about the Bridge methodology – visit their website here.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4e8d812f-05b8-4922-ad83-a183bef5b20f

You can reach out to Bridge International Academies at info@bridgeinternationalacademies.com

GlobeNewswire Distribution ID 1000825399

June 15, 2023

IMAGIO consortium receives Innovative Health Initiative EUR 24 million grant to improve cancer treatments

June 15, 2023

The Innovative Health Initiative has awarded a EUR 24 million grant to the IMAGIO consortium of clinical partners coordinated by Philips, with additional resources and funding from industry partners
The consortium will carry out research into improving clinical outcomes through less invasive treatments for lung cancer, liver cancer and soft tissue sarcomas

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that the Philips-coordinated IMAGIO consortium [1] of clinical partners has been awarded a EUR 24 million Innovative Health Initiative (IHI) grant, complemented with additional resources and funding from industry partners [2], to carry out research into less invasive cancer treatments. Consisting of approximately 30 partners, the consortium will use the funding to improve clinical outcomes with interventional oncology innovations focused on lung cancer, liver cancer and soft tissue sarcomas. Leading European hospitals participating in the consortium include Leiden, Maastricht, Radboud and Utrecht University Medical Centers in the Netherlands and University Hospital of Cologne in Germany.

In Europe about 2.7 million people are diagnosed with cancer each year [3]. While significant advances have been made in treatment, many approaches continue to have negative side effects, impacting healthy tissues as well as targeting the cancer itself. The aim of interventional oncology is the very precise treatment of cancer cells with small instruments supported by imaging modalities such as MRI, ultrasound and CT. Treatment is carried out through targeted surgery, radiotherapy, chemotherapy, immunotherapy, or high-intensity focused ultrasound. In addition to reducing damage to healthy tissues, expanding the use of minimally or non-invasive procedures also decreases the need for major surgery.

“By bringing together leading university medical centers, academic partners, patient and healthcare professional organizations, as well as smaller and larger companies in the medical technology and pharmaceutical industry, the IMAGIO consortium has the potential to make a significant impact on improving cancer treatment,” said Bert van Meurs, Chief Business Leader Image Guided Therapy and Chief Business Leader Precision Diagnosis (ad interim) at Royal Philips. “We’ve chosen to focus on liver and lung cancer – two leading causes of death – alongside soft tissue sarcomas, a highly aggressive form of cancer that affects a significant proportion of young individuals, causing a lot of human suffering. By advancing established treatments and developing new approaches, we aim to improve clinical outcomes.”

Specific projects taking place in the consortium include:

Collaboration with Radboud University Medical Center and other partners including Jansen Pharmaceutica, Pfizer, Flash Pathology, VU, ETH, ImaginAb Inc. and Eberhards Karls University Tübingen to further expand diagnosis and minimally invasive treatment of lung cancer supported by Philips’ Azurion image-guided therapy platform. Read more.
Collaboration with Leiden and Maastricht University Medical Centers to improve the diagnosis and treatment of liver cancer using CT, ultrasound, precision marking and ablation technology.
Collaboration with University Medical Center Utrecht and TU Delft to improve the treatment of liver cancer through radioembolization (a type of radiation therapy) supported by hybrid imaging modalities. Read more.
Collaboration between University Hospital of Cologne, Profound Medical and Philips to treat soft tissue sarcomas with MR-guided high intensity focused ultrasound (MR-HIFU) in combination with Thermosome’s lead drug candidate THE001, which is a thermosensitive liposomal formulation of doxorubicin developed in soft tissue sarcoma.

[1] The IMAGIO consortium – IMaging and Advanced Guidance for workflow optimization in Interventional Oncology – includes the following partners Philips, UMC Utrecht, LUMC, University Hospital of Cologne, TU Delft, Radboudumc, Luxium Solutions, Flash Pathology, Vrije Universiteit Amsterdam, Profound Medical, Gremse-IT, Thermosome, MUMC+, Nederlandse Leverpatiënten Vereniging, Fondazione IRCCS Istituto Nazionale Dei Tumori, Eberhards Karls University Tübingen, European Cancer Patient Coalition, Stichting Longkanker Nederland, ImaginAb Inc., Pfizer Inc., Universiteit Twente, Nanovi, Turku University Hospital, SIOP Europe, Janssen Pharmaceutica; and associated partners Eidgenössische Technische Hochschule Zürich and The Newcastle Upon Tyne Hospitals NHS Foundation Trust.
[2] The industry partners are members of COCIR, EFPIA, EuropaBio and MedTech Europe.
[3] European Commission, Europe’s Beating Cancer Plan https://health.ec.europa.eu/system/files/2022-02/eu_cancer-plan_en_0.pdf.

This project is supported by the Innovative Health Initiative Joint Undertaking (JU) under grant agreement No 101112053. The JU receives support from the European Union’s Horizon Europe research and innovation program and life science industries represented by COCIR, EFPIA, EuropaBio, MedTech Europe and Vaccines Europe.

Disclaimer: IMAGIO is funded by the European Union, private members, and those contributing partners of the IHI JU. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the aforementioned parties. Neither of the aforementioned parties can be held responsible for them.

For further information, please contact:
Mark Groves
Philips Global Press Office
Tel: +31 631 639 916
Email: mark.groves@philips.com

About Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and well-being through meaningful innovation. Philips’ patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatics, as well as in personal health. Philips generated 2022 sales of EUR 17.8 billion and employs approximately 74,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

Attachments

GlobeNewswire Distribution ID 1000825378

June 15, 2023

Hitachi Energy wins order for first subsea electricity interconnection between France and Spain

HVDC link improves the security and quality of power in the region, advancing the integration of emission-free energy

Zurich, Switzerland, June 15, 2023 (GLOBE NEWSWIRE) — Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it won an order from Electricity Interconnection France-Spain (Inelfe), the joint venture bringing together operators of the Spanish (Red Eléctrica) and French (RTE) electricity transmission networks, in charge of the construction and commissioning of all cross-border connections between both countries, to supply four high-voltage direct current (HVDC) converter stations to interconnect France and Spain via a subsea cable across the Biscay Gulf.

The Biscay Gulf interconnection, labeled as project of common interest (PCI) at the European level, will consist of two HVDC links, with a converter station at each end of both systems. Combined, the links will efficiently supply a total of 2,000 megawatts (MW) of electricity at 400 kilovolts (kV) over 400 kilometers (km). Providing the equivalent of the power consumption of more than two million households¹, the links will improve the safety, stability, and quality of the electricity supply between the two countries. It will advance the integration of emission-free electricity and create a more efficient system to generate savings that benefit consumers and the rest of Europe.² Most of the link will be underwater, but a short section of the link cable route will return to land to avoid the deep Capbreton Canyon.

“Cross border, and often subsea, interconnections are vital to Europe’s increasingly interconnected grid,” said Niklas Persson, Managing Director at Hitachi Energy’s Grid Integration business. “Through our pioneering HVDC technology, we enable Inelfe to accelerate the two countries’ sustainability goals, improving the safety, stability, and quality of electricity supply between France and Spain and the rest of Europe.”

Inelfe (Interconexión Eléctrica Francia-España or Electricity Interconnection France-Spain) was set up following the 2008 Zaragoza Agreement, between the governments of Spain and France, with the mission to enhance the exchange of electricity between the two countries. The resulting infrastructure doubled the interconnection capacity between France and Spain from 1,400 MW to 2,800 MW today. With the Biscay Gulf interconnection, the capacity to exchange power will soon reach 5,000 MW.³

In line with its Purpose to champion the urgency of a clean energy transition through innovation and collaboration, Hitachi Energy is collaborating with VINCI, an industry leader in energy and construction. Together the two companies will provide an advanced solution for the Biscay Gulf project by delivering the engineering and power technologies and the construction of the converter stations. The collaboration with VINCI will leverage the core competencies of the two companies to deliver a best-in-class solution for the project.

Note to editors:
Hitachi Energy’s HVDC solution combines world-leading expertise in HVDC converter valves; the MACH digital control platform⁴, converter power transformers and high-voltage switchgear; as well as system studies, design and engineering, supply, installation supervision and commissioning.

HVDC Light^® is a voltage source converter technology developed by Hitachi Energy, which was launched over 25 years ago. It is the preferred technology for many grid applications, including interconnecting countries, integrating renewables and “power-from-shore” connections to offshore production facilities. HVDC Light’s defining features include uniquely compact converter stations and exceptionally low electrical losses.

Hitachi Energy pioneered commercial HVDC technology almost 70 years ago and has delivered more than half of the world’s HVDC projects.

1 https://www.odyssee-mure.eu/publications/efficiency-by-sector/households/electricity-consumption-dwelling.html
2 https://www.inelfe.eu/en/projects/bay-biscay
3 https://www.inelfe.eu/en/about-inelfe
4 Modular Advanced Control for HVDC (MACH)

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

About Hitachi Energy
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 over $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 through the use of data and technology. We solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the business structure of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railway systems, and “Connective Industries” – connecting products through digital technology to provide solutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company’s consolidated revenues for fiscal year 2022 (ended March 31, 2023) totaled 10,881.1 billion yen, with 696 consolidated subsidiaries and approximately 320,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.

Attachments

Jocelyn Chang
Hitachi Energy
jocelyn.chang@hitachienergy.com

GlobeNewswire Distribution ID 8858785

June 15, 2023

ETC Announces Retirement of Roger Colley from Board of Directors

SOUTHAMPTON, Pa., June 14, 2023 (GLOBE NEWSWIRE) — Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported that on June 7, 2023, the Chairman of the Board of Directors of the Company received notification from Mr. Roger Colley that Mr. Colley will retire from the ETC Board of Directors as of the date of the Company’s upcoming 2023 annual meeting of shareholders. Mr. Colley has served as the Chairman of the Audit Committee since 2011 and is currently a member of the Nominating and Compensation Committees. Mr. Colley’s decision was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

“On behalf of the Board of directors, the management team and our shareholders, we thank Roger for his dedication and service and wish him and his family all the best in the future,” said George K. Anderson, ETC’s Chairman of the Board of Directors and Robert L. Laurent, ETC’s President and CEO.

Forward-looking Statements

This news release contains forward-looking statements, which are based on management’s expectations and are subject to uncertainties and changes in circumstances. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements, and these statements may include words such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “future”, “predict”, “potential”, “intend”, or “continue”, and similar expressions. We base our forward-looking statements on our current expectations and projections about future events or future financial performance. Our forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about ETC and its subsidiaries that may cause actual results to be materially different from any future results implied by these forward-looking statements. We caution you not to place undue reliance on these forward-looking statements.

Contact: Robert L. Laurent, Jr., CEO
Phone: (215) 355-9100 x1200
Email: rlaurent@etcusa.com

GlobeNewswire Distribution ID 8858509

June 15, 2023

Philips to repurchase up to 7.1 million shares to cover long-term incentive plans

June 14, 2023

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it will repurchase up to 7.1 million shares to cover certain of its obligations arising from its long-term incentive plans. At the current share price, the shares represent an amount of up to approximately EUR 132 million.

The repurchases will be executed through one or more individual forward transactions, expected to be entered into in the second and/or the third quarter of 2023, in accordance with the Market Abuse Regulation and within the limits of the authorization granted by the company’s General Meeting of Shareholders on May 9, 2023. Philips expects to take delivery of the shares in 2024 and 2025. Further details will be available via this link.

For further information, please contact:

Ben Zwirs
Philips Global Press Office
Tel.: +31 6 1521 3446
E-mail: ben.zwirs@philips.com

Derya Guzel
Philips Investor Relations
Tel.: +31 20 59 77055
E-mail: derya.guzel@philips.com

About Royal Philips

Forward-looking statements

This release contains certain forward-looking statements with respect to the financial condition, results of operations and business of Philips and certain of the plans and objectives of Philips with respect to these items. Examples of forward-looking statements include statements made about the strategy, estimates of sales growth, future EBITA, future developments in Philips’ organic business and the completion of acquisitions and divestments. By their nature, these statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these statements.

GlobeNewswire Distribution ID 1000825302