KnownHost Announces Shared Hosting expansion in Europe

WEST PALM BEACH, Fla., June 20, 2023 (GLOBE NEWSWIRE) — KnownHost, a high-quality and fully managed web hosting service and solutions provider, has just announced the launch of new services in the Netherlands to expand its European presence. This expansion brings shared, reseller, and semi dedicated hosting to more customers for their particular needs or wants. In addition, the deployment will provide faster performance and response times for local.

Shared Hosting is the basic hosting used for a single website for those who want a presence on the web. This package is used by individuals, single owner businesses, and/or commercial websites and gives you only what you need for your website.

Reseller Hosting is a cost effective way to provide another level of service for your design or agency clients. This interface allows you to create, manage and sell individualized web hosting packages for your clients.

Semi Dedicated Hosting provides a low budget option for many of our customers because of its use of shared resources and partitioned costs. For those who don’t require high-quality resources or have heavy traffic, semi dedicated hosting is perfect for your needs.

All new services are deployed using AMD EPYC CPUs and high speed enterprise NVMe storage for faster performance. In addition, Litespeed web server is utilized to offer lightning quick response times to our customers. Our CEO offers some insight as to our expansion into the Netherlands.

“The Netherlands has long been recognized as a global technology hub, with a robust digital infrastructure and a high level of connectivity. By establishing our Shared Hosting services in the Netherlands, we can leverage this advanced infrastructure to offer faster and more reliable hosting solutions to our customers. The proximity of our servers to the local user base ensures reduced latency, faster loading speeds, and improved overall performance, resulting in a superior website experience for our clients.”

-KnownHost CEO Daniel Pearson

About KnownHost
KnownHost is a privately-held professional web hosting company founded in 2006, with customers in more than 150 countries. It offers affordable web hosting plans through packages featuring shared hosting, managed SSD virtual private servers (VPSs), and managed SSD dedicated servers. All datacenters have 24-hour onsite security and redundant power supplies. For more information, visit KnownHost –

Media Contact:
J Wilcott
Marketing, KnownHost

GlobeNewswire Distribution ID 8861293

Fortinet Global Zero Trust Report Finds Majority of Organizations are Actively Implementing Zero Trust But Many Still Face Integration Challenges

Almost half of respondents reported significant challenges related to a lack of integration between zero-trust solutions deployed on-premises and in the cloud

SUNNYVALE, Calif., June 20, 2023 (GLOBE NEWSWIRE) —

John Maddison, EVP Products and CMO at Fortinet

“The Fortinet 2023 State of Zero Trust Report shows that although more organizations are implementing a zero-trust strategy, they still face challenges related to integration. To successfully implement zero trust, organizations need solutions that are designed to converge networking and security and have the ability to span multiple environments, such as Fortinet Universal ZTNA and Universal SASE.”

News Summary
Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the findings from its global 2023 State of Zero Trust report. The results provide an overview of the current state of zero-trust security efforts and the progress IT teams have made following the pandemic-initiated need to secure remote workers. The report also delves into the continuing challenges many organizations face in securing a hybrid workforce.

Key findings from the State of Zero Trust Report include:

  • Organizations of all sizes are working to implement zero-trust strategies. Since the last survey in 2021, companies have deployed more solutions as part of their zero-trust strategies. The number of respondents that report being in the process of implementation is 66%, up from 54% in 2021. Companies are working to enable zero trust everywhere to minimize the impacts of a breach.
  • Organizations continue to face challenges in implementing their zero-trust strategies. Although companies are moving forward, they still face challenges. Nearly half of respondents (48%) indicated that a lack of integration between the zero-trust solutions deployed on-premises and in the cloud is the most significant issue they need to address. Other reported challenges relate to end-to-end policy enforcement, application latency, and a lack of reliable information to help select and design a zero-trust solution.
  • Solutions must cover both on-premises and remote users with a consistent application access policy and success has been mixed. Many companies need to secure access to applications both on-premises and outside of the network, and nearly 40% of respondents report still hosting more than half of their applications on-premises. It’s notable that 75% also have encountered issues because of relying on cloud-only ZTNA.
  • The consolidation of vendors and solution interoperability is crucial. Deploying solutions from multiple vendors has led to challenges such as the introduction of new security gaps and high operations costs. Larger companies in particular are looking to consolidate solutions to simplify operations and reduce overhead.
  • SASE is a priority. The top priorities for SASE solutions vary, but “security effectiveness” is the most significant, with 58% placing it in their top three priorities. According to 89% of respondents, SASE integration with their on-premises solutions is also very or extremely important.

Despite claims that everything is moving to the cloud, most organizations still have a hybrid application and data strategy in place. ZTNA needs to work no matter where applications and users are located, and respondents indicated that the top areas that a hybrid ZTNA strategy must cover include web applications (81%), on-premises users (76%), remote users (72%), on-premises applications (64%), and SaaS applications (51%).

About the Zero Trust Report:
The Zero Trust Report is based on a global survey of IT decision-makers aimed at better understanding how far along organizations are in their zero-trust journey. The survey is intended to better understand the following:

  • How well zero trust and ZTNA are understood
  • The perceived benefits and challenges in implementing a zero-trust strategy
  • Adoption of and the elements included in a zero-trust strategy

The survey was conducted from March 30-April 2, 2023 with 570 IT and security leaders from 31 different countries, representing nearly all industries, including the public sector.

Additional Resources

About Fortinet
Fortinet (NASDAQ: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere you need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at, the Fortinet Blog, and FortiGuard Labs.


Copyright © 2023 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFone, FortiGSLB, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMoM, FortiMonitor, FortiNAC, FortiNDR, FortiPenTest, FortiPhish, FortiPlanner, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM and FortiXDR.

Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

Media Contact:
Travis Anderson
Fortinet, Inc.
Investor Contact:
Peter Salkowski
Fortinet, Inc.
Analyst Contact:
Brian Greenberg
Fortinet, Inc.


GlobeNewswire Distribution ID 8860659

Curia Expands Cell Line Development Offering with CHOZN Platform

Curia signs license agreement with MilliporeSigma to support production of proteins and antibodies

ALBANY, N.Y., June 20, 2023 (GLOBE NEWSWIRE) — Curia, a leading contract research, development and manufacturing organization, today announced it has signed a licensing agreement with MilliporeSigma, the North American Life Sciences Business of Merck KGaA, Darmstadt, Germany, that enables Curia and its clients to use the CHOZN® GS-/- cell line for production of therapeutic proteins and antibodies. Following the agreement, the CHOZN GS-/- cell line has been integrated into Curia’s cell line development workflow and is immediately available to Curia customers.

CHOZN® platform is a Chinese Hamster Ovary (CHO) mammalian cell expression system that allows for faster, simpler selection and scale-up of high-producing clones for production of biologics and therapeutic recombinant proteins. It includes high-performing CHO cell lines, paired media and feeds, optimized expression vectors and robust protocols. The glutamine synthetase GS knockout (GS-/-) cell line of the CHOZN platform is specially designed to help streamline selection, identification and scale-up of high-producing clones ideal for GMP manufacturing of recombinant protein drugs.

“We continue to strengthen our biologics development offerings from discovery through clinical manufacturing,” said Christopher Conway, President R&D, Curia. “The CHOZN GS-/- cell line platform adds a widely accepted and commercially viable cell line to our capabilities. Our integrated offering accelerates therapeutic protein and antibody production and offers seamless tech transfer for optimal flexibility.”

Curia’s protein and antibody development experts offer a track record of accelerating progress, with a timeline in as little as 12 months from cell line development to phase I drug substance, depending on the manufacturability of the candidates.

The addition of the CHOZN platform strengthens Curia’s offerings as a complement to its existing proprietary CHO cell line, providing customers with a highly versatile and broadly applicable solution.

About Curia
Curia is a leading contract research, development, and manufacturing organization providing products and services from R&D through commercial manufacturing to pharmaceutical and biopharmaceutical customers. Curia’s nearly 4,000 employees at 29 locations across the U.S., Europe, and Asia help its customers advance from curiosity to cure. Learn more at

Curia Contact Information:
Viana Bhagan
+1 518 512 2111

GlobeNewswire Distribution ID 8859845

Curia ขยายการให้บริการการพัฒนาเซลล์ไลน์ด้วยแพลตฟอร์ม CHOZN

Curia ลงนามข้อตกลงการอนุญาตกับ MilliporeSigma เพื่อสนับสนุนการผลิตโปรตีนและแอนติบอดี

อัลบานี นิวยอร์ก, June 20, 2023 (GLOBE NEWSWIRE) — Curia ซึ่งเป็นองค์กรชั้นนำด้านการวิจัย การพัฒนาและการผลิตตามสัญญา ได้ประกาศในวันนี้ว่า บริษัทได้ลงนามในข้อตกลงการอนุญาตให้ใช้สิทธิ์กับ MilliporeSigma ซึ่งเป็นธุรกิจวิทยาศาสตร์เพื่อชีวิตในอเมริกาเหนือของ Merck KGaA เมืองดาร์มสตัดท์ ประเทศเยอรมนี ซึ่งช่วยให้ Curia และลูกค้าสามารถใช้เซลล์ไลน์ CHOZN® GS-/- สำหรับการผลิตโปรตีนเพื่อการบำบัดรักษาและแอนติบอดีได้ ด้วยข้อตกลงดังกล่าว เซลล์ไลน์ CHOZN GS-/- จะได้รับการรวมเข้ากับเวิร์กโฟลว์การพัฒนาเซลล์ไลน์ของ Curia และพร้อมใช้งานทันทีสำหรับลูกค้าของ Curia

แพลตฟอร์ม CHOZN® เป็นระบบการแสดงออกของเซลล์สัตว์เลี้ยงลูกด้วยนมในรังไข่หนูแฮมสเตอร์ของจีน (CHO) ที่ช่วยให้สามารถเลือกได้เร็วขึ้น ง่ายขึ้น และเพิ่มจำนวนโคลนที่ให้ผลผลิตสูงสำหรับการผลิตสารชีวภาพและโปรตีนรีคอมบิแนนต์ในการบำบัดรักษา ซึ่งประกอบด้วยเซลล์ไลน์ CHO ที่มีประสิทธิภาพสูง สื่อและฟีดที่จับคู่ เวกเตอร์สำหรับใช้ในการแสดงออกของยีนที่ปรับให้เหมาะสม และโปรโตคอลที่มีประสิทธิภาพ เซลล์ไลน์กลูตามีนซินเธเทส GS น็อกเอาต์ (GS-/-) ของแพลตฟอร์ม CHOZN ได้รับการออกแบบมาเป็นพิเศษเพื่อช่วยให้การเลือก การระบุ และการเพิ่มขนาดของโคลนที่ให้ผลผลิตสูงนั้นเหมาะสมสำหรับการผลิตยาโปรตีนรีคอมบิแนนท์ตามหลักเกณฑ์วิธีการที่ดีในการผลิต (GMP)

“เรายังคงเพิ่มความแข็งแกร่งให้กับการให้บริการการพัฒนาผลิตภัณฑ์ชีวภาพของเราจากการค้นพบผ่านการผลิตเพื่อใช้ในการวิจัยทางคลินิก” Christopher Conway ประธานแผนกวิจัยและพัฒนาของ Curia กล่าว “แพลตฟอร์มเซลล์ไลน์ CHOZN GS-/- ได้เพิ่มเซลล์ไลน์ที่ได้รับการยอมรับอย่างกว้างขวางและมีศักยภาพในเชิงพาณิชย์ให้กับความสามารถของเรา การให้บริการแบบบูรณาการของเราช่วยเร่งการผลิตโปรตีนและแอนติบอดีเพื่อการบำบัดรักษา และให้บริการการถ่ายทอดเทคโนโลยีที่ราบรื่นเพื่อความยืดหยุ่นสูงสุด”

ผู้เชี่ยวชาญด้านการพัฒนาโปรตีนและแอนติบอดีของ Curia ได้เสนอประวัติของการเร่งความคืบหน้า โดยมีระยะเวลาเพียง 12 เดือนนับจากการพัฒนาเซลล์ไลน์ไปจนถึงสารของตัวยาระยะที่ 1 ทั้งนี้ขึ้นอยู่กับความสามารถในการผลิตของผู้สมัคร

การมีแพลตฟอร์ม CHOZN เพิ่มเติมนั้นช่วยเพิ่มความแข็งแกร่งให้กับการเสนอการให้บริการของ Curia ในฐานะส่วนเสริมของเซลล์ไลน์ CHO ที่เป็นกรรมสิทธิ์ของบริษัทที่มีอยู่ ซึ่งช่วยให้ลูกค้าได้รับโซลูชันที่หลากหลายและนำไปใช้ได้อย่างกว้างขวาง

เกี่ยวกับ Curia

Curia เป็นองค์กรการทำวิจัย การพัฒนา และการผลิตตามสัญญาชั้นนำที่นำเสนอผลิตภัณฑ์และให้บริการตั้งแต่การวิจัยและพัฒนา (R&D) ผ่านการผลิตเชิงพาณิชย์ให้แก่ลูกค้ายาและเวชภัณฑ์ชีวภาพ พนักงานเกือบ 4,000 คนของ Curia ใน 29 สาขาทั่วสหรัฐอเมริกา ยุโรป และเอเชีย ช่วยให้ลูกค้าเปลี่ยนจากความสงสัยไปสู่การแก้ไขปัญหา เรียนรู้เพิ่มเติมได้ที่

ข้อมูลสำหรับติดต่อ Curia:
Viana Bhagan
+1 518 512 2111

GlobeNewswire Distribution ID 8860042

Finance Me Consultancy Announces Launch of its Digital Asset Trading Platform



LONDON, June 20, 2023 (GLOBE NEWSWIRE) — Well-respected digital asset investment firm, Finance Me Consultancy, has announced the unveiling of their cutting-edge trading platform. This breakthrough platform empowers users with access to a comprehensive selection of digital asset investment prospects, sophisticated trading instruments, and professional guidance designed to facilitate passive income creation and replace traditional sources of earnings. After making an initial deposit, clients can anticipate profit generation within the first day, all delivered in a secure, straightforward, and efficient manner, including ease of withdrawals.

The platform delivers real-time market intelligence, in-depth analytics, and a user-friendly design to foster informed decision-making for investments. Edward James, Finance Me Consultancy’s CEO, has hailed the introduction of their novel trading platform as a transformational moment in the digital asset trading sector, offering a safe, smooth trading experience, exclusive investment prospects, and robust investment management.



Employing state-of-the-art technology, the platform by Finance Me Consultancy offers exposure to an array of digital assets such as cryptocurrencies, tokens, and other novel asset types. There’s no necessity for specialized software or hardware, making it readily accessible to all. Clients will automatically receive daily dividends or returns directly into their accounts, which are available for withdrawal post the initial 24 hours.

Edward underscored the firm’s dedication to offering the premier trading experience, empowering clients with the tools to make informed trading choices, optimize their returns, and maintain a competitive edge in the dynamic world of digital assets. The trading platform from Finance Me Consultancy is available globally. Interested individuals are invited to visit their website to learn more about the firm’s investment ethos and the advantages of digital asset trading. The Wales, UK-based firm operates with the highest level of ethics, focused on delivering exceptional returns for clients.

In addition, the platform provides an opportunity to diversify your portfolio which is monitored and managed for a nominal commission fee. This platform generates at least 4% daily returns on diverse investments with a minimum deposit of £500. Additionally, a rewarding referral program provides a 10% commission. By introducing a new investor to the platform, you will earn a commission equivalent to 10% of the deposited amount. This is an excellent opportunity to earn additional income and introduce your network to the benefits of our services.


South Wales Business Park, Cardiff, Wales, United Kingdom

Photos accompanying this announcement are available at

GlobeNewswire Distribution ID 1000826157

VCI Global To Distribute AI-Based State Of The Art “Socializer Messenger” For Cogia GmbH

KUALA LUMPUR, Malaysia, June 20, 2023 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) announced it has been appointed by Cogia GmbH as the latter’s distributor for the promotion and sale of its communication application known as “Socializer Messenger”.

The “Socializer Messenger” is a game changing, complete communication suite. On top of the basic conventional services being offered by other messaging devices, this AI-based, military grade messenger elevates communications to four additional dimensions namely privacy, security, business and administration. In short, it is a secured all-in-one communication tool with full data encryption and privacy protection.

“Socializer Messenger” is owned and controlled by Cogia GmbH, a software company based in Germany, with extensive experience in software development, in AI, text mining, web monitoring and cyber security.

VCIG is granted an exclusive distributorship within the Southeast Asian countries and non-exclusive distributorship for areas outside Southeast Asia to, amongst others, promote, market and distribute this messenger. For its role, VCIG shall be entitled to a percentage of the revenue generated from the sales of the messenger.

Once formalised, this distributorship is for a period of two years and will automatically be renewed for an additional year.

“Humbled would not truly describe our appreciation to Cogia as we offer our vast networking platform to Cogia to tap into for the distribution of its communication application, in particularly, to this part of the region. This (distributorship) will open up yet another revenue stream for us which will undoubtedly increase VCI Global’s value,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.

“We are excited to leverage on VCI Global’s expertise and extensive network to establish a strong presence, provide tailored AI and secure communication solutions to meet the evolving needs of the Southeast Asian markets,” said Pascal Lauria, Founder and Chief Executive Officer of Cogia GmbH.

About VCI Global Limited

VCI Global is a multi-disciplinary consulting group with key advisory practices in the areas of business and technology. The Company provides business and boardroom strategy services, investor relation services, and technology consultancy services. Its clients range from small-medium enterprises and government-linked agencies to publicly traded companies across a broad array of industries. VCI Global operates solely in Malaysia, with clients predominantly from Malaysia, but also serves some clients from China, Singapore, and the US.

For more information on the Company, please log on to

About Cogia GmbH

Cogia GmbH is a software company based in Frankfurt am Main, Germany, founded in 2010. The company offers AI-based, fully privacy-compliant solutions in the areas of secure communications, cybersecurity, Big Data Analytics and web monitoring. The customer portfolio includes major companies from many industries, including Volkswagen, BMW, IPSOS, Lufthansa and the government of an EU state.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company’s ability to achieve profitable operations, customer acceptance of new products, the effects of the spread of Coronavirus (COVID-19) and future measures taken by authorities in the countries wherein the Company has supply chain partners, the demand for the Company’s products and the Company’s customers’ economic condition, the impact of competitive products and pricing, successfully managing and, general economic conditions and other risk factors detailed in the Company’s filings with the United States Securities and Exchange Commission. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.


Issued by Imej Jiwa Communications Sdn Bhd on behalf of VCI Global Limited
For media queries, please contact:

Imej Jiwa Communications Sdn Bhd
Chris Chuah

GlobeNewswire Distribution ID 8861061

The top 5 places to do business in 2023 according to the World Citizenship Report: CS Global Partners

London, June 20, 2023 (GLOBE NEWSWIRE) — Access to opportunity is one of the most desirable qualities that any jurisdiction can offer.

This year, the 2023 World Citizenship Report measured 188 countries in the world, looking at what these nations have to offer High Net-Worth Individuals (HNWIs) and the mass affluent who are continually looking past their home borders for better opportunities.

One key motivator that was measured in the report was Economic Opportunity, which measures the overall ability of a nation to extend wealth, material comfort, and other key benefits of a strong economy to all of its citizens.

Greater access to improved business environments and employment opportunities allows individuals to participate in the economy while achieving their goals of securing their financial futures and raising the standard of living for themselves and their families. But it doesn’t end there. Apart from the supplementary benefits of social mobility, a reduction in income disparity, and greater capital formation, having the freedom to pursue key financial goals leads to significant investment in an individual’s own well-being, their families, and their communities, which, more often, is accompanied by a greater sense of purpose.

Not only have global mass affluent individuals shown to be willing to travel to access more powerful economies globally, but they also desire supportive business environments which enable them to fully realise their entrepreneurial potential.

A shift in economic growth from the West to emerging markets over the past few decades has led to new business hubs worldwide. Regions such as Asia, the Middle East, and South America have seen rapid economic growth, coupled with improved infrastructure and, in some cases, lighter regulation.

Entrepreneurs the world over are capitalizing on this, often by going through the citizenship by investment (CBI) route of a country that allows access to profitable business opportunities in booming markets across the globe.

The World Citizenship Report looks at the top business hubs globally, among other motivators for individuals looking to widen their prospects. Other motivators explored by the World Citizenship Report are Safety and Security, Quality of Life, Global Mobility, and Financial Freedom. The World Citizenship Report is based on research by London-headquartered leading government advisory and marketing firm CS Global Partners.

So which countries are the world’s most sought-after business hubs in 2023? 

5. Switzerland and Japan

Switzerland and Japan both tied at fifth place, ranking at 82.3 in the Economic Opportunity pillar.

Switzerland, the 20th biggest economy in the world, is a well-known financial hub and a great place to invest thanks to its stable economy and strong business culture. The country is also known for its innovation and flourishing start-ups in the major cities.

In addition to its positive economic outlook, Japan is noted for its internal stability. The nation is considered one of the most politically stable countries in the world, as well as one of the safest to travel in for work or business. Japan’s economy has gained momentum in 2023 with surveys of business activity indicating that the economy is growing.

4. Netherlands

Taking fourth place, the Netherlands scored 82.4 and the country continues to be a good place to start a business. Considered as the gateway to Europe, the Netherlands has a stable business climate where ambitious companies can tap into innovation ecosystems to accelerate their businesses.

3. Hong Kong (SAR) China

In third place with a score of 83.1 is Hong Kong. The country has a free-enterprise, free-trade economy and the government has traditionally adopted a policy of non-intervention in the private sector, while at the same time providing the territory with a modern and sophisticated commercial infrastructure and a sound legal and administrative framework.

2. United States of America

In second place is the United States of America. As one of the most recognised economies in the world, the USA offers a lucrative open market that is a powerful growth engine for companies of all sizes. Coupled with a predictable and stable political and judicial system where intellectual property is protected, the USA is a great place for business investment of any kind.

The country scored 83.7 in this year’s World Citizenship Report.

1. Singapore
Singapore was crowned as the best place to do business this year with a score of 84.8. Singapore has a conducive environment for business given its regulatory environment, stable and efficient infrastructure to support starting a business, access to financial intermediation and services, and enforcement of contracts. The economy makes it easy for domestic and international businesses to make their mark in the global arena.

Chantal Mabanga
CS Global Partners
+44 (0) 207 318 4343

GlobeNewswire Distribution ID 8861047

EEX and Nasdaq Commodities Announce Intention to Transfer Nasdaq’s European Power Business to EEX

EEX to facilitate transition to zonal futures in Nordic power market to grow area price liquidity

NEW YORK and LEIPZIG, Germany, June 20, 2023 (GLOBE NEWSWIRE) — The European Energy Exchange (EEX) and Nasdaq, Inc. (Nasdaq: NDAQ) today announced they have reached an agreement under which EEX will acquire Nasdaq’s European power trading and clearing business, subject to receipt of customary regulatory approvals. The transaction will involve the transfer of existing open positions in Nasdaq’s Nordic, French, and German power futures as well as European carbon emission allowance futures (EUAs) to EEX’s clearing house European Commodity Clearing (ECC). No financial details of the deal are disclosed.

Nasdaq Clearing AB, along with the clearing infrastructure to support it, is not part of the sale. Nasdaq will continue to own and operate Nasdaq Clearing AB to provide comprehensive clearing services for Nasdaq Nordic’s equity derivatives, fixed income derivatives, and other financial derivatives contracts.

As part of the agreement, EEX will update the current Nordic power market structure, replacing Electricity Price Area Differential (EPAD) contracts with zonal futures contracts, a proven and successful market model in many other European power derivatives markets.

Until the receipt of regulatory approvals, Nasdaq will continue to operate its European power trading and clearing business as usual. On receipt of the required approvals, Nasdaq will inform the market about the timing for the transfer of existing open positions to EEX.


About EEX

The European Energy Exchange (EEX) is a leading energy exchange which builds secure, successful and sustainable commodity markets worldwide – together with its customers. As part of EEX Group, a group of companies serving international commodity markets, it offers contracts on Power, Natural Gas and Emission Allowances as well as Freight and Agricultural Products. EEX also provides registry services as well as auctions for Guarantees of Origin, on behalf of the French State. More information:

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software, and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at


This communication contains forward-looking information related to Nasdaq and the proposed sale of the Nasdaq European power trading and clearing business by an affiliate of Nasdaq to EEX, which transaction involves substantial risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied by such statements. When used in this communication, words such as “will”, “enable”, “intends”, “expected” and similar expressions and any other statements that are not historical facts are intended to identify forward-looking statements. Forward-looking statements in this communication include, among other things, statements about the potential benefits of the proposed transaction, including statements relating to expectations of future operating results and financial performance, the anticipated timing of closing of the proposed transaction, preparations for the transfers of open interest and the actions of Nasdaq after the closing. Risks and uncertainties include, among other things, risks related to the ability of Nasdaq to consummate the proposed transaction on a timely basis or at all; Nasdaq’s ability to secure regulatory approvals on the terms expected, in a timely manner or at all; the ability to realize the anticipated benefits of the proposed transaction, including the possibility that the expected benefits from the proposed transaction will not be realized or will not be realized within the expected time period; disruption from the transaction making it more difficult to maintain business and operational relationships; risks related to diverting management’s attention from Nasdaq’s ongoing business operations; the negative effects of the announcement or the consummation of the proposed transaction on the market price of Nasdaq’s common stock or on Nasdaq’s operating results; significant transaction costs; unknown liabilities; the risk of litigation or regulatory actions related to the proposed transaction; and the effect of the announcement or pendency of the transaction on Nasdaq’s business relationships, operating results, and business generally.

Further information on these and other risks and uncertainties relating to Nasdaq can be found in its reports filed on Forms 10-K, 10-Q and 8-K and in other filings Nasdaq makes with the SEC from time to time and available at These documents are also available under the Investor Relations section of Nasdaq’s website at The forward-looking statements included in this communication are made only as of the date hereof. Nasdaq disclaims any obligation to update these forward-looking statements, except as required by law.

EEX Contact:
EEX Public Relations
T +49 341 2156-300 |
Nasdaq Media Relations Contact
Emily Pan Erik Gruvfors
+1 646 637 3964 +46 73 449 78 12
Nasdaq Investor Relations Contact
Ato Garrett


GlobeNewswire Distribution ID 8860927