ROSEN, GLOBALLY RESPECTED INVESTOR COUNSEL, Encourages Discovery Inc. Investors with Losses Exceeding $100K to Secure Counsel Before Important March 8 Deadline in Securities Class Action – DISCA, DISCK

NEW YORK, Jan. 25, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Discovery, Inc. (NASDAQ: DISCA, DISCK) between March 22, 2021 and March 29, 2021, inclusive (the "Class Period"), of the important March 8, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Discovery securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Discovery class action, go to http://www.rosenlegal.com/cases–register–2239.html or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 8, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, Goldman Sachs Group Inc. and Morgan Stanley sold a large amount of Discovery shares during the Class Period while in possession of material non–public information about Archegos Capital Management (at the time a family office with $10 billion under management) and its need to fully liquidate its position in Discovery because of margin call pressure. As a result of these sales, the defendants in the case, Goldman Sachs and Morgan Stanley, avoided billions in losses combined.

To join the Discovery class action, go to http://www.rosenlegal.com/cases–register–2239.html or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the–rosen–law–firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

———————————————–

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686–1060
Toll Free: (866) 767–3653
Fax: (212) 202–3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com


GLOBENEWSWIRE (Distribution ID 8463324)

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Faraday Future Intelligent Electric, Inc. f/k/a Property Solutions Acquisition Corp. Investors With Losses Exceeding $100K to Secure Counsel Before Important February 22 Deadline in Securities Class Action – FFIE, FFIEW, PSAC, PSACW, PSACU

NEW YORK, Jan. 25, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Faraday Future Intelligent Electric, Inc. f/k/a Property Solutions Acquisition Corp. (NASDAQ: FFIE, FFIEW, PSAC, PSACW, PSACU) between January 28, 2021 and November 15, 2021, inclusive (the "Class Period") of the important February 22, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Faraday Future securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Faraday Future class action, go to http://www.rosenlegal.com/cases–register–2206.html or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 22, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Faraday Future had assets in China frozen by courts; (2) a significant percentage of Faraday Future's deposits for future deliveries were attributable to a single undisclosed affiliate; (3) Faraday Future's cars were not as close to production as the Company claimed; (4) as a result of previously issued statements that were misleading and/or inaccurate, Faraday Future could not timely file its quarterly report; and (5) as a result of the foregoing, defendants' positive statements about Faraday Future's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Faraday Future class action, go to http://www.rosenlegal.com/cases–register–2206.html or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the–rosen–law–firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686–1060
Toll Free: (866) 767–3653
Fax: (212) 202–3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com


GLOBENEWSWIRE (Distribution ID 8463296)

Le Sommet Mondial 2022 Rassemble des Conférenciers et des Participants de 157 Pays

Washington, DC, Jan. 25, 2022 (GLOBE NEWSWIRE) — POUR DIFFUSION IMMDIATE

Sommet mondial pour tudier les moyens

de ramener la paix dans la pninsule corenne

La Fdration pour la paix universelle (FPU) et le gouvernement royal du Cambodge sont heureux d'annoncer la tenue du prochain Sommet mondial 2022 (Sommet pour la paix dans la pninsule corenne) Soul, en Core du Sud. Les confrenciers principaux et les participants de 157 pays s'adresseront la fois un public en personne et un public virtuel mondial sur les perspectives de rconciliation pacifique de la pninsule corenne.

Le Sommet mondial 2022 sera organis par le Dr Hak Ja Han Moon, cofondatrice de la FPU, et co–organis par Samdech Techo Hun Sen, Premier ministre du Royaume du Cambodge, et SE Ban Ki–moon, ancien secrtaire gnral du Les Nations unies.

Le Sommet, du 10 au 13 fvrier 2022 est intitul : Vers la paix dans la pninsule corenne . Des orateurs minents examineront de nombreux aspects de la rconciliation, commencer par des propositions de dialogue constructif et la recherche d'un consensus entre les acteurs majeurs autour de la question corenne.

D'autres sujets seront abords : projets de coentreprise entre les deux Cores susceptibles d'impliquer aussi la Chine, le Japon, la Russie et les tats–Unis ; projets touristiques en Core du Nord ; convertir la DMZ – qui, intacte depuis 1953, est redevenue un environnement naturel vierge – en monument la paix mondiale.

La guerre de Core a commenc il y a plus de 70 ans et s'est conclue par un armistice, et non par un trait de paix , a dclar le prsident de la FPU, le Dr Thomas G. Walsh. Et d'ajouter : La pninsule corenne a une culture et langue et une histoire plurimillnaire commune. Ne peut–on pas rsoudre ce conflit et chercher la runification pacifique de la pninsule ? Le Sommet tentera de rpondre ces questions .

Avec ce Sommet mondial 2022, la FPU poursuit une srie d'activits de consolidation de la paix sous le thme prosprit mutuelle, interdpendance valeurs universelles partages . La FPU, ONG dote du statut consultatif gnral auprs du Conseil conomique et social de l'ONU, est connue pour sa srie de Rassemblement de l'Espoir, ses confrences internationales des dirigeants et, depuis dbut 2021, son Forum Think Tank 2022. Ce dernier projet mobilise plus de 2 000 leaders d'opinion mondiaux en vue d'une perce pour la paix dans la pninsule corenne. (Des dtails sur les Think Tank 2022 sont disponibles sur UPF.org.)

Conformment aux directives de scurit de Covid–19, plus de 1000 personnes devraient se rassembler Soul pour le Sommet mondial 2022 lors des sances d'ouverture du vendredi 11 fvrier 2022. Des millions d'autres participeront via un format hybride de haute technologie.

Dans le cadre du Sommet mondial 2022, les associations de consolidation de la paix affilies la FPU tiendront plusieurs sessions de haut niveau :

Le Conseil international au sommet pour la paix (ICSP) et l'Association internationale des premires dames pour la paix (IAFP)

Association internationale des parlementaires pour la paix (IAPP)

Association interreligieuse pour la paix et le dveloppement (IAPD)

Association internationale pour la paix et le dveloppement conomique (IAED)

Association internationale des mdias pour la paix (IMAP)

Association internationale des universitaires pour la paix (IAAP)

Association internationale des arts et de la culture pour la paix (IAACP)

Pour les demandes des mdias, veuillez contacter :

William P. Selig | Directeur des communications, Universal Peace Federation

Tl. : 240–274–1744 | Courriel : wselig@upf.org | Web : www.upf.org

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GLOBENEWSWIRE (Distribution ID 8463279)

now.gg launches now.gg Fungible Games (NFGs) the building blocks of Mobile Gaming Metaverse

PALO ALTO, Calif., Jan. 25, 2022 (GLOBE NEWSWIRE) — now.gg, the mobile cloud company, today announced its now.gg Fungible Games (NFG) platform for mobile games developed on Unity, Unreal, and Cocos engines. NFG enables the unbundling of the game so pieces of it can be owned by different people, its dynamic re–composition in the cloud, and delivery to the gamer. NFG also enables the games to be interlinked with each other by sharing the unbundled pieces across games.

"I am a big Marvel fan and awed by how they interlink the movies to create the Marvel Cinematic Universe. The Mobile Metaverse is inspired by Marvel. Games today are like movies, what if you could interlink them with Matter, Avatars, Space, and Time. Matter being things like weapons in a game, Avatars being the heroes, Space are things like maps with portals like Dr. Strange can make, and Time is the time of the gamer,” said Rosen Sharma, CEO and founder of now.gg. "This would be impossible to do today on a phone, but the processing power of the mobile cloud and the dynamic compositing of games makes this possible. We are very excited about this, and you will see more games plug into the Metaverse."

now.gg Fungible Games combines several unique technical capabilities to create a mobile Metaverse. The first is the ability to break down a game into game code, game events, and game art with different people owning different pieces of the game. The NFG platform can do this automatically for some existing games or enable developers to do this programmatically. The game can query, and augment or replace, any of these unbundled components with components from the user or the game's developer to create a fungible game, introducing an entirely new experience. The second is the real–time dynamic composition of these unbundled elements in the cloud streamed to the user with low latency. The third is the interlinking of the elements between games and the user's own wallets and journey.

With NFG, developers gain access to more ways to create and build and players get a much richer experience. NFG also introduces new levels of interaction between gamers, game developers, and gaming creators. The simplest use case of this is that users can find and use NFTs in the game and create an entirely personalized game experience by collecting NFT or non–NFT based 2D and 3D images, textures, videos, and code. The NFG platform can query a user's wallet so anyone can incorporate their NFTs or other assets into a game. Opening up these assets to share across users and games unlocks the Metaverse for developers and creators, who can now let fans use their assets within their games.

Heya (meaning room in Japanese), a mobile simulation game, is the first example of NFG. Here the game can query a user's wallet to see what assets they have, and then allow the user to place these assets on the walls in their room, creating a shared and completely personalized digital space. Also in the future, it will create portals enabling the users to jump into other games via some of these NFTs.

"NFG is a mind–blowing new platform. It will transform how games are developed in the future and how games interact with their player," said Yang GUO, Founder and CEO, Heya Game. "It also gives existing mobile developers a path to Web 3.0 building on top of the existing business. This would not have been possible without the mobile cloud."

NFG is available now. For more information, please visit now.gg/nfg.html

About now.gg:
now.gg is the mobile cloud company changing the gaming experience for game developers and consumers. With the first global mobile platform–as–a–service for game developers, now.gg enables gaming communities to play games on any device or OS, share games instantly on their social channels and pay in–game through payment channels they already have. No longer constrained by geography, device or attribution, now.gg opens the world of consumers to game developers and unlocks entirely new revenue streams.


GLOBENEWSWIRE (Distribution ID 8431112)

Cloud Database Demand Spurs 198% Growth for ScyllaDB

PALO ALTO, Calif., Jan. 25, 2022 (GLOBE NEWSWIRE) — ScyllaDB, the database for data–intensive apps that require high performance and low latency, today announced that the company achieved 106% overall year–over–year growth in net new ARR. The majority of this growth came from Scylla Cloud, the company's Database–as–a–Service (DBaaS), which grew 198% over 2021.

The impressive 2021 results were a direct response to the growing number of game–changing organizations challenged with scaling for rapid data growth. The ScyllaDB database "" which is available in open source, enterprise, and cloud options "" features deep architectural advancements that enable consistently high performance at extreme scale and efficiency. It is increasingly the database of choice for hard–core engineers who have experienced the constraints of the first generation of NoSQL databases (e.g. Apache Cassandra, MongoDB) and require a fundamentally different approach to powering their applications.

Notable 2021 milestones include:

  • Welcoming industry leaders across social media, food delivery, travel planning, exercise tracking, telecom, adtech, and cybersecurity as new customers
  • Launching Scylla Cloud on GCP in addition to AWS
  • Offering Scylla Cloud and Scylla Enterprise on AWS Marketplace
  • Introducing the industry's first fully–managed NoSQL DBaaS that runs in the customer's own cloud account (BYOA)
  • Achieving record enrollment and engagement in Scylla University, which achieved a 165% increase in certifications year–over–year
  • Completing extensive benchmarking vs CockroachDB and Apache Cassandra 4.0
  • Recognizing the accomplishments of users such as Zillow, GE Healthcare, Disney+ Hotstar, and Fanatics with ScyllaDB User Awards
  • Launching P99CONF, a highly–interactive virtual conference that attracted 5K developers obsessed with P99 percentiles and high–performance, low–latency applications

"One interesting business impact of COVID is the dramatic increase in the demand to build and accelerate data–intensive applications," explained ScyllaDB CEO and co–founder Dor Laor. "As the expectations for online services surged across B2B as well as B2C, the need for organizations to become digitally efficient increased significantly. This drove major growth across all our products. For our organization, one of the most notable impacts of 2021 was increased demand from industry disruptors: organizations leveraging data to change the game (for example, Discord, Disney+ Hotstar, Expedia, FireEye, and Zillow). They select ScyllaDB because of our ability to deliver consistent high performance with ultra–low latency."

Scylla Summit 2022
Scylla Summit 2022 will be unveiling more details about the company's progress as well as a broad array of expert perspectives on what's ahead in this next tech cycle (cloud infrastructure, distributed databases, event streaming, and more). The conference, which occurs on February 9 and 10, is virtual, free, and highly interactive. In addition to ScyllaDB leaders and engineers, it features speakers from:

  • AWS
  • Oxide Computer Company
  • Palo Alto Networks
  • Amdocs
  • Rakuten
  • IOTA
  • Confluent

Register at https://www.scylladb.com/scylla–summit–2022/ to attend live or to unlock full access to the on–demand session recordings plus the speakers' slide decks.

About ScyllaDB

ScyllaDB is the database for data–intensive apps that require high performance and low latency. It enables teams to harness the ever–increasing computing power of modern infrastructures "" eliminating barriers to scale as data grows. Unlike any other database, ScyllaDB is built with deep architectural advancements that enable exceptional end–user experiences at radically lower costs. Over 400 game–changing companies like Disney+ Hotstar, Expedia, FireEye, Discord, Crypto.com, Zillow, Starbucks, Comcast, and Samsung use ScyllaDB for their toughest database challenges. ScyllaDB is available as free open source software, a fully–supported enterprise product, and a fully managed service on multiple cloud providers. For more information: For more information: ScyllaDB.com

Media Contact:

Wayne Ariola

wayne.ariola@scylladb.com


GLOBENEWSWIRE (Distribution ID 8431241)

WHR Group, Inc. Offering Free Employee Relocation Policy Reviews

MILWAUKEE, Jan. 25, 2022 (GLOBE NEWSWIRE) — WHR Group, Inc. (WHR), a leader in the global employee relocation industry, is offering companies free relocation policy reviews. WHR will also help companies create new policies from scratch. Even with the Covid pandemic, companies are still relocating employees to fill crucial roles. Reviewing relocation policies and making critical adjustments helps organizations win in the war for talent, meet employees' needs, benchmark against the competition and control business costs.

Relocation policies should be incorporated into an organization's total rewards and talent management strategies. The right relocation policy can help a company, while a weak policy "" or none at all "" could have a negative impact on the candidate recruiting success rate. "With the current war for talent, it's critical to have a structured and competitive relocation program. This helps companies attract and retain top talent," says WHR's Business Development Regional Manager, Ben Koceja. Making sure a relocation policy meets transferees' needs helps reduce transferee stress so that employees can focus on work roles in their new locations.

Benchmarking a policy against other companies also helps organizations stay competitive in the war for talent. The policy needs to include a choice of offerings since relocation policies are wrapped into job offers. Companies also need to ensure they're allocating the right amount of dollars to transferees and organizational needs. It is important organizations are not paying for unnecessary or outdated benefits.

According to WHR's International Business Development Manager, Linden Houghtby, MBA, GMS, MIM+, "Having a relocation policy aligned with your company culture, talent strategy, and recruiting goals is essential to having a successful relocation/mobility program. It allows companies to move employees where they are needed most. Policies ensure transferees will be taken care of in a way that reflects the organization's values and goals."

To learn more about WHR's free employee relocation policy reviews or for help creating a new policy, contact WHR.

About WHR Group, Inc.
WHR is a private, woman–owned, global employee relocation management company distinguished by its white glove service delivery structure and proprietary technology. WHR has offices in Wisconsin, Switzerland, and Singapore. With its 100% client retention rate for the past decade, WHR continues to be the trusted leader in global employee relocation.
https://www.whrg.com, LinkedIn, Twitter and Facebook.

Media Contact: Mindy Stroiman, Corporate Writer
Mindy.Stroiman@whrg.com
262–523–7510


GLOBENEWSWIRE (Distribution ID 8430469)

Kevin Shelly Named Strategic Account Manager – Americas’ for Nikkiso ACD

TEMECULA, Calif., Jan. 25, 2022 (GLOBE NEWSWIRE) — Nikkiso Cryogenic Industries' Clean Energy & Industrial Gases Group (Group), a subsidiary of Nikkiso Co., Ltd (Japan), is pleased to announce that Kevin Shelly has accepted a new position as Strategic Account Manager for the Nikkiso Cryogenic Pumps Unit "" Americas.

This new and vital position to the management team supports the Group's objectives to further grow their presence and impact within the Industrial Gas market throughout North and South America.

Kevin has an impressive track record in sales development, customer relations, and key account and territory management within his 20–plus years of industry experience. His focus will be to sell prime equipment as well as service and aftermarket for the pump group. Kevin will also play a vital role in the Group's strategy by facilitating opportunities for the Nikkiso group companies and paving the way to becoming a stronger strategic partner for our customers.

"The Pumps Unit is excited to have Kevin in this new strategic management role," according to Daryl Lamy, President and CEO of the Group's Pump Unit. "His years of experience will add to our ability to offer world–class cryogenic pump products, customer service and value–added solutions for our customers."

Nikkiso Cryogenic Pumps Unit which includes Nikkiso ACD and Nikkiso Cryo is a leading manufacturer of a diverse line of cryogenic pumps "" large to small.

ABOUT CRYOGENIC INDUSTRIES
Cryogenic Industries, Inc. (now a member of Nikkiso Co., Ltd.) member companies manufacture engineered cryogenic gas processing equipment and small–scale process plants for the liquefied natural gas (LNG), well services and industrial gas industries. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, Cosmodyne and Cryoquip and a commonly controlled group of approximately 20 operating entities.

For more information please visit www.nikkisoCEIG.com and www.nikkiso.com.

MEDIA CONTACT:
Anna Quigley
+1.951.383.3314
aquigley@cryoind.com


GLOBENEWSWIRE (Distribution ID 8462427)

Kevin Shelly Named Strategic Account Manager – Americas’ for Nikkiso ACD

TEMECULA, Calif., Jan. 25, 2022 (GLOBE NEWSWIRE) — Nikkiso Cryogenic Industries' Clean Energy & Industrial Gases Group (Group), a subsidiary of Nikkiso Co., Ltd (Japan), is pleased to announce that Kevin Shelly has accepted a new position as Strategic Account Manager for the Nikkiso Cryogenic Pumps Unit "" Americas.

This new and vital position to the management team supports the Group's objectives to further grow their presence and impact within the Industrial Gas market throughout North and South America.

Kevin has an impressive track record in sales development, customer relations, and key account and territory management within his 20–plus years of industry experience. His focus will be to sell prime equipment as well as service and aftermarket for the pump group. Kevin will also play a vital role in the Group's strategy by facilitating opportunities for the Nikkiso group companies and paving the way to becoming a stronger strategic partner for our customers.

"The Pumps Unit is excited to have Kevin in this new strategic management role," according to Daryl Lamy, President and CEO of the Group's Pump Unit. "His years of experience will add to our ability to offer world–class cryogenic pump products, customer service and value–added solutions for our customers."

Nikkiso Cryogenic Pumps Unit which includes Nikkiso ACD and Nikkiso Cryo is a leading manufacturer of a diverse line of cryogenic pumps "" large to small.

ABOUT CRYOGENIC INDUSTRIES
Cryogenic Industries, Inc. (now a member of Nikkiso Co., Ltd.) member companies manufacture engineered cryogenic gas processing equipment and small–scale process plants for the liquefied natural gas (LNG), well services and industrial gas industries. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, Cosmodyne and Cryoquip and a commonly controlled group of approximately 20 operating entities.

For more information please visit www.nikkisoCEIG.com and www.nikkiso.com.

MEDIA CONTACT:
Anna Quigley
+1.951.383.3314
aquigley@cryoind.com


GLOBENEWSWIRE (Distribution ID 8462427)

Transsion and HERE partner to enhance location accuracy experience for smartphone users in emerging markets

  • Businesses and smartphone users in emerging markets will experience precise location fix on their apps and devices, even in challenging indoor and outdoor environments

Beijing and Mumbai "" HERE Technologies, the leading location data and technology platform, today announced that Transsion, the leading provider of smart devices and mobile services in global emerging markets, has selected HERE Network Positioning to improve its location accuracy capabilities in emerging markets such as Kenya, Nigeria, Ghana, Bangladesh, India, Pakistan, Indonesia and Thailand.

The global number of mobile internet users is expected to reach five billion by 2025, a 25% increase from 2020. This figure represents 60% of the world's population, with much of the forecasted growth coming from emerging digital markets in Asia Pacific, Sub–Saharan Africa, Middle East and North Africa (MENA), and Latin America[i].

By deploying HERE Network Positioning, Transsion will be able to identify accurate positioning of its devices both indoors and outdoors. This works especially when satellite signals of Global Positioning System (GPS) are not available, such as when the device is located indoor or the GPS signals are blocked by objects. As a result, Transsion will enable its smartphone users to locate devices, people, and objects faster, with higher precision and confidence.

Robin Wang, Assistant President at Transsion said, "As a technology company with a focus on global emerging markets, we've long been committed to supporting local communities there. We've decided to deploy with HERE because they have presented a stand–out, compelling solution for markets that lack advanced infrastructure such as Africa and India."

One use case that HERE Network Positioning will benefit is ride–hailing or ride–sharing. In Africa, ride–hailing has become increasingly popular over the years, with the number of users expected to grow 16% from 50.3 million in 2021 to 58.4 million by 2025[ii]. Traditional taxi companies are also pivoting their business model to include services that can be booked via mobile applications, making it more transparent for customers than before.

For these urban mobility services to stand out from its competition, a good user experience is key. HERE Network Positioning enables Transsion to gain an edge over its competitors by providing its users with more accurate calculations of estimated times of arrivals (ETA) and precise pick–up and drop–off locations. End users of Transsion will also benefit from more accurate positionings which may otherwise be affected due to the presence of buildings, trees, tunnels, bridges and atmospheric conditions that can put direct drivers to wrong locations.

"For ride–hailing services, being able to identify the exact location for pick–ups and drop–offs "" whether it's the right side of the street or the right entrance/exists within large venues such as airport or stadiums "" makes a huge difference in improving user experience. That's the difference Transsion is here to provide," added Wang.

Sammie Xi, Director and Head of Business for Greater China at HERE Technologies said, "Transsion is taking a big step forward in enhancing the quality of data within emerging economies. This is truly meaningful and inspiring. We've seen how the pandemic has profoundly impacted our lives, economies, and the global digital landscape. We are immensely proud to support Transsion in providing a more inclusive connected world for consumers. "

Media contacts
HERE Technologies
Camy Cheng
+65 9088 4127
Camy.cheng@here.com

About HERE Technologies
HERE, the leading location data and technology platform, moves people, businesses and cities forward by harnessing the power of location. By leveraging our open platform, we empower our customers to achieve better outcomes "" from helping a city manage its infrastructure or a business optimize its assets to guiding drivers to their destination safely. To learn more about HERE, please visit www.here.com and www.360.here.com.

About Transsion
TRANSSION Holdings is committed to becoming the most popular provider of smart devices and mobile services for consumers in global emerging markets. The company is best known for its high–quality multi–brand smart devices. Mobile phones are its core products, while it also offers mobile Internet services based on a self–developed operating system. To learn more about TRANSSION, please visit www.transsion.com.

[i] The Mobile Economy 2021, GSM Association
[ii] https://www.statista.com/outlook/mmo/mobility–services/ride–hailing–taxi/africa#analyst–opinion

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GLOBENEWSWIRE (Distribution ID 1000600766)