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Nikkiso Clean Energy & Industrial Gases Group annonce une expansion de son installation de ventes, service et ingénierie en Afrique du Sud

TEMECULA, Californie, 22 mars 2023 (GLOBE NEWSWIRE) — Nikkiso Clean Energy & Industrial Gases Group (le Groupe ), qui fait partie de Nikkiso Co., Ltd (Japon) et opre dans le cadre de Cryogenic Industries, Inc. (tats–Unis), est fier d'annoncer une nouvelle expansion de ses capacits de ventes, service et ingnierie pour le march africain. Depuis son installation, l'entreprise fournira une assistance pour tous les produits du Groupe.

Situe Waterfall, dans le KwaZulu–Natal, en Afrique du Sud, l'installation t tablie pour fournir une empreinte plus forte en Afrique et afin de soutenir le centre conomique et le hub d'ingnierie d'Afrique du Sud. Les ingnieurs locaux et l'quipe d'assistance aux services sur le terrain apporteront des connaissances spcifiques de la rgion et des marchs locaux, permettant la cration de solutions hautement personnalises.

Outre l'offre de ventes techniques pour l'ensemble des produits du Groupe, l'entreprise a ajout une quipe de mise en service d'units de sparation de l'air comprenant une assistance client. Cette quipe d'assistance en ingnierie supplmentaire fournira une optimisation de la conception et des processus ainsi que des solutions innovantes la rgion. L'installation fournira aussi de l'quipement GNL afin de soutenir la grande expansion de gaz naturel au large du Mozambique, et le dveloppement potentiel de pipelines virtuels pour le GNL en guise de combustible dans le but d'attnuer la crise de l'lectricit.

Cette expansion nous positionne de manire pouvoir ragir rapidement aux besoins nergtiques croissants de l'Afrique, et offrir une assistance et un service amliors nos clients grce notre prsence locale , selon Peter Wagner, PDG de Cryogenic Industries et prsident du Groupe.

Bruce van Dongen sera le directeur gnral. Une installation de service est prvue pour un moment indfini dans l'avenir. Elle prendra en charge les pompes et turbodtendeurs. Cette expansion reflte l'engagement du groupe et son soutien au dveloppement du march africain.

PROPOS DE CRYOGENIC INDUSTRIES
Cryogenic Industries, Inc. (aujourd'hui membre de Nikkiso Co., Ltd.) et ses entreprises membres fabriquent et entretiennent des quipements de traitement du gaz cryognique (pompes, turbodtendeurs, changeurs thermiques, etc.), et des usines de traitement pour les gaz industriels, la liqufaction du gaz naturel (GNL), la liqufaction de l'hydrogne (LH2) et le cycle organique de Rankine pour la rcupration de la chaleur perdue. Fonde il y a plus de 50 ans, Cryogenic Industries est la socit–mre d'ACD, de Nikkiso Cryo, de Nikkiso Integrated Cryogenic Solutions, de Cosmodyne et de Cryoquip, et d'un groupe administr en commun comptant une vingtaine d'entits oprationnelles.

Pour tout complment d'information, veuillez consulter les sites www.nikkisoCEIG.com et www.nikkiso.com.

CONTACT AUPRS DES MDIAS :

Anna Quigley
+1.951.383.3314
aquigley@cryoind.com

Une photo accompagnant ce communiqu de presse est disponible l'adresse suivante : https://www.globenewswire.com/NewsRoom/AttachmentNg/30d66f23–e389–4adb–86c2–43133a748d6e/fr


GLOBENEWSWIRE (Distribution ID 8793066)

Nikkiso Clean Energy & Industrial Gases Group kündigt Erweiterung des Vertriebs-, Service- und Technikstandorts in Südafrika an

TEMECULA, Kalif., March 22, 2023 (GLOBE NEWSWIRE) — Nikkiso Clean Energy & Industrial Gases Group (die "Gruppe"), Teil der Unternehmensgruppe Nikkiso Co. Ltd (Japan) und unter dem Namen Cryogenic Industries, Inc. (USA) ttig, ist stolz darauf, eine weitere Ausweitung ihrer Vertriebs–, Service– und Technikkapazitten fr den afrikanischen Markt bekannt geben zu knnen. Von diesem Werk aus werden alle Produkte der Gruppe untersttzt.

Das Werk in Waterfall, Kwazulu–Natal, Sdafrika, wurde errichtet, um die Prsenz in Afrika zu strken und Sdafrikas Technikzentrum und den dortigen Wirtschaftsstandort zu untersttzen. Die Techniker und Auendienstmitarbeiter vor Ort bringen spezifische Kenntnisse der Region und der lokalen Mrkte mit und ermglichen so hochgradig mageschneiderte Lsungen.

Neben dem technischen Vertrieb fr alle Produkte der Gruppe wurde ein Team fr die Inbetriebnahme von Luftzerlegungsanlagen zusammengestellt, das auch den Kundensupport bernimmt. Der zustzliche technische Support wird Prozess– und Designoptimierung sowie innovative Lsungen fr die Region bieten. Die Anlage wird auch LNG–Ausrstung bereitstellen, um die groe Erdgasexpansion vor Mosambik und die mgliche Entwicklung virtueller Pipelines fr LNG–Kraftstoff zur Linderung der Stromkrise zu untersttzen.

"Durch diese Expansion sind wir in der Lage, schnell auf den wachsenden Energiebedarf in Afrika zu reagieren und unseren Kunden durch unsere Prsenz vor Ort einen besseren Service und Support zu bieten", so Peter Wagner, CEO von Cryogenic Industries und President des Konzerns.

Bruce van Dongen wird als Managing Director fungieren. Fr die Zukunft ist eine Serviceeinrichtung geplant, die Pumpen und Turboexpander untersttzen soll. Diese Expansion ist Ausdruck des Engagements und der Untersttzung fr das Wachstum des afrikanischen Marktes.

BER CRYOGENIC INDUSTRIES
Die Mitgliedsunternehmen von Cryogenic Industries, Inc. (jetzt ein Mitglied von Nikkiso Co., Ltd.) fertigen und warten technische Gerte zur Verarbeitung kryogener Gase (Pumpen, Turboexpander, Wrmetauscher usw.) und Prozessanlagen fr Industriegase und Erdgasverflssigung (LNG), Wasserstoffverflssigung (LH2) und Organic Rankine Cycle zur Rckgewinnung von Abwrme. Cryogenic Industries wurde vor ber 50 Jahren gegrndet und ist die Muttergesellschaft von ACD, Nikkiso Cryo, Nikkiso Integrated Cryogenic Solutions, Cosmodyne und Cryoquip und eine gemeinsam gesteuerte Gruppe von 20 operativen Einheiten.

Weitere Informationen finden Sie unter www.nikkisoCEIG.com und www.nikkiso.com.

MEDIENKONTAKT:

Anna Quigley
+1.951.383.3314
aquigley@cryoind.com

Ein Foto zu dieser Ankndigung ist verfgbar unter: https://www.globenewswire.com/NewsRoom/AttachmentNg/30d66f23–e389–4adb–86c2–43133a748d6e/de


GLOBENEWSWIRE (Distribution ID 8793066)

Nikkiso Clean Energy & Industrial Gases Group Anuncia a Expansão da Instalação de Vendas, Serviço e Engenharia na África do Sul

TEMECULA, Califórnia, March 21, 2023 (GLOBE NEWSWIRE) — O Nikkiso Clean Energy & Industrial Gases Group (Grupo), parte da Nikkiso Co., Ltd (Japo), operando sob a Cryogenic Industries, Inc. (EUA), tem o orgulho de anunciar mais uma expanso da sua capacidade de vendas, servio e engenharia no mercado africano. A partir das suas instalaes, eles fornecero suporte para todos os produtos do Grupo.

Localizada em Waterfall, KZN, frica do Sul, a instalao foi criada para proporcionar uma presena mais forte na frica e apoiar o centro de engenharia e o centro econmico da frica do Sul. O suporte local de engenharia e de servio em campo ir oferecer um conhecimento especfico da regio e dos mercados locais, permitindo solues altamente personalizadas.

Alm de oferecer vendas tcnicas para todos os produtos do Grupo, uma nova equipe de comissionamento de unidade de separao de ar oferece suporte ao cliente. O suporte adicional de engenharia fornecer otimizao de processos e de design, e solues inovadoras para a regio. A instalao tambm fornecer equipamentos de GNL, em apoio grande expanso do gs natural em Moambique e ao potencial desenvolvimento de oleodutos virtuais para combustvel de GNL para mitigar a crise de eletricidade.

"Essa expanso nos permite responder rapidamente s crescentes necessidades de energia da frica e oferecer mais servios e suporte aos nossos clientes com a nossa presena local", disse Peter Wagner, CEO da Cryogenic Industries e Presidente do Grupo.

Bruce van Dongen atuar como Diretor Administrativo. Uma instalao de servio est prevista para o futuro, em suporte s bombas e aos turboexpansores. Isto um exemplo do compromisso e apoio do grupo para com a ampliao do mercado africano.

SOBRE A CRYOGENIC INDUSTRIES

A Cryogenic Industries, Inc. (agora parte da Nikkiso Co., Ltd.) fabrica e presta servios para equipamentos de processamento de gs criognico projetados (bombas, turboexpansores, trocadores de calor, etc.) e plantas de processo para Gases Industriais, Liquefao de Gs Natural (GNL), Liquefao de Hidrognio (LH2) e Ciclo Rankine Orgnico para Recuperao de Calor de Resduos. Fundada h mais de 50 anos, a Cryogenic Industries a empresa controladora da ACD, Nikkiso Cryo, Nikkiso Integrated Cryogenic Solutions, Cosmodyne e Cryoquip, e de um grupo comumente controlado de 20 entidades operacionais.

Para mais informao, visite www.nikkisoCEIG.com e www.nikkiso.com.

CONTATO COM A MDIA:

Anna Quigley
+1.951.383.3314
aquigley@cryoind.com

Foto deste comunicado disponvel em:
https://www.globenewswire.com/NewsRoom/AttachmentNg/30d66f23–e389–4adb–86c2–43133a748d6e/pt


GLOBENEWSWIRE (Distribution ID 8793066)

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Honda Motor Co., Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – HMC

NEW YORK, March 21, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of American Depository Shares ("ADSs") of Honda Motor Co., Ltd. (NYSE: HMC) between June 20, 2018 and September 28, 2022, both dates inclusive (the "Class Period") of the important April 3, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Honda ADSs 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 Honda class action, go to https://rosenlegal.com/submit–form/?case_id=11692 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 April 3, 2023. 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 handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. 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) Honda had overstated the safety and effectiveness of the Idle Stop engine feature; (2) Honda maintained deficient disclosure controls and procedures with respect to product quality and safety; (3) as a result of the foregoing deficiencies, Honda failed to prevent American Honda from marketing and selling thousands of vehicles that contained a defective Idle Stop feature; (4) the foregoing conduct subjected the Company and/or its subsidiaries to a heightened risk of litigation, as well as financial and/or reputational harm; and (5) as a result, the Company's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Honda class action, go to https://rosenlegal.com/submit–form/?case_id=11692 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 8793020)

ROSEN, NATIONAL TRIAL LAWYERS, Encourages Dutch Bros, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – BROS

NEW YORK, March 21, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Dutch Bros, Inc. (NYSE: BROS) between March 1, 2022 and May 11, 2022, both dates inclusive (the "Class Period"), of the important May 1, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Dutch Bros 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 Dutch Bros class action, go to https://rosenlegal.com/submit–form/?case_id=12586 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 May 1, 2023. 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 handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. 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 materially false and/or misleading statements, and failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) the Company was experiencing increased costs and expenses, including on dairy; (2) as a result, the Company was experiencing increased margin pressure and decreased profitability in the first quarter of 2022; and (3) as a result of the foregoing, defendants' positive statements about the Company'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 Dutch Bros class action, go to https://rosenlegal.com/submit–form/?case_id=12586 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 8793014)

ROSEN, A TOP RANKED LAW FIRM, Encourages Signature Bank Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – SBNY, SBNYP

NEW YORK, March 21, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Signature Bank (NASDAQ: SBNY, SBNYP) between March 2, 2023 and March 12, 2023, both dates inclusive (the "Class Period"), of the important May 15, 2023 lead plaintiff deadline, in the securities class action commenced by the Firm.

SO WHAT: If you purchased Signature Bank 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 Signature Bank class action, go to https://rosenlegal.com/submit–form/?case_id=12988 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 May 15, 2023. 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, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. 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, throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose, among other things, that: (1) Signature Bank did not have the strong fundamentals that it represented itself as having in the days immediately prior to its takeover, or otherwise took action that left it susceptible to a takeover by the New York Department of Financial Services ("DFS"); (2) as a result, it became a target for regulatory action by the DFS, and (3) as a result, defendants' public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Signature Bank class action, go to https://rosenlegal.com/submit–form/?case_id=12988 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 or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. 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. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm's attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.

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 8792774)

Geopolitical Tensions Enabled Increased Hacktivist Cyber Threats in 2022

RESTON, Va., March 21, 2023 (GLOBE NEWSWIRE) — FS–ISAC, the member–driven, not–for–profit organization that advances cybersecurity and resilience in the global financial system, today announced the findings of its annual Global Intelligence Office report, Navigating Cyber 2023.

The latest report showcased the effect that Russia's invasion of Ukraine had on the global cyber threat landscape, sparking a flood of ideologically driven "hacktivism" that continues to this day. Driven from both sides of the conflict, the threats have increased substantially within the financial services sector, particularly for institutions in countries that Russia considers hostile. These threats can come from hacktivist groups or directly from the nation–states themselves.

"Unfortunately, the growing involvement of non–state actors attacking on an ideological basis and the manipulation of information by malicious actors will continue to sow uncertainty across the landscape in actual and perceived security threats," said Steven Silberstein, CEO of FS–ISAC. "The best tool available for financial institutions to combat this is intelligence sharing, allowing collaboration across the global industry and ensuring better cyber preparedness. Cyber threats often evolve faster than the tools we use to combat them, but our strength is in our community."

The report also highlights that some of the more traditionally common cyber threats, such as DDoS attacks and ransomware, are becoming more sophisticated and the suite of tools at a malicious actor's disposal continues to develop.

Looking ahead into 2023, some of the key drivers of change in the threat landscape include:

  • A growing market for malware–as–a–service: As threat actors become specialized in specific aspects of the kill chain and offer their services in skills and code for sale, cyberattacks become easier to orchestrate, less attributable, and of lower risk. Supply chain threats proliferate as key software, authentication, technology, and cloud service providers are increasingly targeted.
  • The accessibility of AI helping attackers, and defenders: The emergence of new AI–technology lowers the barrier for hacking, allowing threat actors to use tools like ChatGPT to design ever more convincing phishing lures. However, those same tools will be leveraged to strengthen defenses as well.
  • Cryptocurrency offers a prime target for cyber criminals: Cryptocurrency and digital assets are becoming more integrated into global financial infrastructure, generating a complex regulatory environment for multinational firms. In addition, threat groups will continue to finance their operations using cryptocurrency, highlighting the need for better oversight and asset class protections.

“Cyber criminals are endlessly inventive, and aided by technological advances,” said Teresa Walsh, Global Head of Intelligence at FS–ISAC. "The emergence of new technologies and malware delivery tactics will require institutions to ensure they keep up with evolving cyber threats on a continuous basis and focus on resilience so they can keep operating no matter what happens."

The threat landscape is rapidly changing, and organizations face key challenges of increasing regulation around the world, seismic shifts in the cyber insurance market, and cybersecurity talent shortages. Facing massive changes in their operational environment, the financial services sector must navigate pressures to reduce costs without compromising the ability to continuously evolve defenses and enhance operational resilience.

Methodology

The Navigating Cyber 2023 report is sourced from FS–ISAC's thousands of member financial firms in 75 countries and further augmented by analysis by the Global Intelligence Office. Multiple streams of intelligence were leveraged for the curation of the round–up, which examined data from January 2022 to January 2023. The publicly accessible version of the report can be found here. The full report is only available to member financial institutions.

About FS–ISAC

FS–ISAC is the member–driven, not–for–profit organization that advances cybersecurity and resilience in the global financial system, protecting the financial institutions and the people they serve. Founded in 1999, the organization's real–time information–sharing network amplifies the intelligence, knowledge, and practices of its members for the financial sector's collective security and defenses. Member financial firms represent $100 trillion in assets in 75 countries.

Contacts for Media:
media@fsisac.com


GLOBENEWSWIRE (Distribution ID 8792894)

EQUITY ALERT: ROSEN, A LEADING LAW FIRM, Encourages Rite Aid Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action Commenced by the Firm – RAD

NEW YORK, March 21, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Rite Aid Corporation (NYSE: RAD) between April 26, 2018 and March 13, 2023, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 19, 2023.

SO WHAT: If you purchased Rite Aid 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 Rite Aid class action, go to https://rosenlegal.com/submit–form/?case_id=9388 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 May 19, 2023. 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. 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) Until at least June 2019, Rite Aid filled at least hundreds of thousands of unlawful prescriptions for controlled substances that lacked a legitimate medical purpose, including for potentially lethal opioids such as oxycodone and fentanyl; (2) Rite Aid pharmacists filled these prescriptions despite clear "red flags" that indicated that the prescriptions were unlawful; (3) Rite Aid ignored evidence that its stores were dispensing unlawful prescriptions, and intentionally deleted internal notes about suspicious prescribers written by concerned pharmacists; (4) by knowingly filling unlawful prescriptions for controlled substances, Rite Aid violated the Controlled Substances Act and, where Rite Aid sought reimbursement from federal healthcare programs, also violated the False Claims Act; (5) as a result, it was at risk of prosecution by federal authorities such as the United States Department of Justice ("DOJ") and (6) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Rite Aid class action, go to https://rosenlegal.com/submit–form/?case_id=9388 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
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GLOBENEWSWIRE (Distribution ID 8792702)

ROSEN, NATIONAL TRIAL LAWYERS, Encourages ZTO Express (Cayman) Inc. Investors to Inquire About Securities Class Action Investigation – ZTO

NEW YORK, March 21, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of ZTO Express (Cayman) Inc. (NYSE: ZTO) resulting from allegations that ZTO Express may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased ZTO securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit–form/?case_id=12595 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.

WHAT IS THIS ABOUT: On March 2, 2023, market analyst Grizzly Research published a report on ZTO Express called "ZTO Express Inc. (NYSE: ZTO): China's "Best–in–Class" Logistics Company is Really "Best in Show"; We Believe Financials are Fake and Insiders are Stealing from the Company." The report alleged that ZTO Express has falsified various financial metrics in its Securities & Exchange Commission ("SEC") filings, including its margins, by understating revenues and overstating net profit. Further, the report alleged, among other things, that ZTO Express underreports employees to decrease its costs, that its utilizes "sham network partner acquisitions to enrich insiders" and engages in undisclosed related party transactions.

On this news, ZTO Express's American Depositary Share ("ADR") price fell $1.06, or 4.32%, per ADR in intraday trading.

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. 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.

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
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GLOBENEWSWIRE (Distribution ID 8792825)

BRAC International Signs MoU with Rwanda to Empower People in Extreme Poverty

Jean Claude Muhire, Rwanda Program Director of BRAC Ultra-Poor Graduation Initiative, a flagship program at BRAC International, and Samuel Dusengiyumva, Permanent Secretary of the Ministry of Local Government sign the MoU in Kigali, Rwanda. Credit BRAC UPGI.

Jean Claude Muhire, Rwanda Program Director of BRAC Ultra-Poor Graduation Initiative, a flagship program at BRAC International, and Samuel Dusengiyumva, Permanent Secretary of the Ministry of Local Government sign the MoU in Kigali, Rwanda. Credit BRAC UPGI.

By Joyce Chimbi
KIGALI, Mar 21 2023 – Last week, BRAC International signed a Memorandum of Understanding (MoU) with the Government of Rwanda under the Ministry of Local Government (MINALOC) to support efforts to empower people in extreme poverty to develop sustainable livelihoods and break the poverty trap long term. This is part of the Government’s broader efforts to eradicate extreme poverty by 2030.

“I am delighted to see the Government of Rwanda take a leadership role in addressing extreme poverty,” said Greg Chen, Managing Director of BRAC Ultra-Poor Graduation Initiative (UPGI), a flagship program at BRAC International.

The four essentials of the Graduation approach and initial outcomes. Credit: BRAC UPGI.

The four essentials of the Graduation approach and initial outcomes. Credit: BRAC UPGI.

The MoU was signed on Tuesday, March 14, 2023, by Jean Claude Muhire, Rwanda Program Director of BRAC UPGI, and Samuel Dusengiyumva, Permanent Secretary of the Ministry of Local Government.

BRAC International is a leading nonprofit organization with a mission to empower people and communities in poverty, illiteracy, disease, and social injustice, touching the lives of more than 100 million people in the last five decades. And now seeks to touch even more lives in the land of a thousand hills through this partnership.

“We are happy to serve as a partner in advancing the Government of Rwanda’s new National Strategy for Sustainable Graduation (NSSG) and to accelerate the reduction of poverty and extreme poverty,” said Muhire.

The MoU positions BRAC International as a key partner in advancing the Government of Rwanda’s new National Strategy for Sustainable Graduation (NSSG), recently approved by Cabinet in November 2022 to accelerate the reduction of poverty and extreme poverty in Rwanda and contribute to the achievement of the targets set out in the National Strategy for Transformation, 2017 to 2024.

“We are committed to combating extreme poverty by scaling the multifaceted, evidence-based Graduation approach through governments across Africa and Asia and reaching millions more people,” Chen said.

Similar to BRAC’s Graduation approach, which was established in Bangladesh in 2002, the NSSG defines Graduation as a two-year program for households to benefit from inclusive livelihood development programs, multifaceted interventions, access to shock-responsive social protection services, and market access that creates an enabling environment for households to “graduate” out of extreme poverty.

To date, BRAC’s Graduation program has reached more than 2.1 million people in Bangladesh alone and supported the expansion of Graduation in 16 additional countries, including Afghanistan, Egypt, Guinea, India, Kenya, Lesotho, Liberia, Pakistan, Philippines, Rwanda, South Africa, South Sudan, Tanzania, Tunisia, Uganda, and Zambia.

Leveraging 20 years of experience implementing, testing, and iterating the Graduation approach, BRAC International is extending support in the design, delivery as well as evaluation of the Graduation program to Rwanda, supporting the Ministry of Local Government in critical areas.

Areas such as providing technical capacity and expertise in the implementation of the Graduation strategy and making available necessary communication, advocacy, and technical resources to ensure smooth implementation of the Graduation strategy.

Equally important, collaborating with the Ministry will ensure the scale-up of an inclusive, holistic Graduation strategy that includes all Graduation essentials. In all, efforts will focus on the four essential components identified as fundamental to implementing Graduation successfully.

These essential components include meeting participants’ day-to-day needs such as nutrition and healthcare, providing training and assets for income generation, financial literacy and savings support, and social empowerment through community engagement and life skills training – all facilitated through coaching that calls for regular interactions with participants. Rigorous research by Nobel Laureates Abhijit Banerjee and Esther Duflo proves that the combination of support and resources provided through this multifaceted approach is critical for long-term impact.

Overall, the Graduation approach is grounded in the conviction that people living in vulnerable situations can be agents of change if they are empowered with the tools, skills, and hope they need to change their lives.

Perhaps with such people-centered efforts to scale an evidence-based approach, Rwanda could become known for more than its scenic beauty and clean capital city. It could also make history by becoming one of the first countries on the continent to establish a sustainable path out of extreme poverty by 2030.

IPS UN Bureau Report

 


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