Tag: MENA

Posted on

KPLT LOSS ALERT: ROSEN, LEADING TRIAL ATTORNEYS, Encourages Katapult Holdings, Inc. f/k/a FinServ Acquisition Corp. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – KPLT, KPLTW, FSRV, FSRVU, FSRVW

NEW YORK, Sept. 07, 2021 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Katapult Holdings, Inc. f/k/a FinServ Acquisition Corp. (NASDAQ: KPLT, KPLTW, FSRV, FSRVU, FSRVW) between December 18, 2020 and August 10, 2021, inclusive (the “Class Period”), of the important October 26, 2021 lead plaintiff deadline.

SO WHAT: If you purchased Katapult 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 Katapult class action, go to http://www.rosenlegal.com/cases-register-2151.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 October 26, 2021. 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) Katapult was experiencing declining e-commerce retail sales and consumer spending; (2) despite Katapult’s assertions that it was a clear and compelling value proposition to both consumers and merchants, transforming the way nonprime consumers shop for essential goods and enabling merchant access to this underserved segment, Katapult lacked visibility into its consumers’ future buying behavior; and (3) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Katapult class action, go to http://www.rosenlegal.com/cases-register-2151.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

Posted on

Majid Al Futtaim Launches AI Powered Carrefour City+; The Region’s First Check-Out Free Store

Carrefour City+ The Region’s First Check-Out Free Store

Opened today in Mall of the Emirates, the new convenience store provides a fast, seamless and contactless experience using cutting-edge, artificial intelligence technology

  • Carrefour City+ offers customers a fast, seamless and contactless shopping experience
  • From start to finish, the new store explores a holistic approach to Artificial Intelligence
  • Customers simply pick their products and walk-out with no staff interaction or checkout

DUBAI, United Arab Emirates, Sept. 07, 2021 (GLOBE NEWSWIRE) — Majid Al Futtaim – the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia – is setting new precedents for retail with the launch of the region’s first check-out free store, Carrefour City+. Opened today in Mall of the Emirates, the new convenience store provides a fast, seamless and contactless experience using cutting-edge, artificial intelligence technology. Customers use their phones to access the store, pick their desired items and simply walk out without having to queue and pay at the cash register.

Carrefour City+ The Region’s First Check-Out Free Store

Opened today in Mall of the Emirates, the new convenience store provides a fast, seamless and contactless experience using cutting-edge, artificial intelligence technology

Carrefour City+ was inaugurated by H.E Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications along with Alain Bejjani, Chief Executive Officer of Majid Al Futtaim Holding and Hani Weiss, Chief Executive Officer at Majid Al Futtaim Retail.

Store access and shopping payment is enabled via the current MAF Carrefour App. Once inside Carrefour City+, every item picked up by customers will then be automatically added to a digital shopping basket and the purchase will be completed by simply walking out. Not only is the shopping journey faster, but also completely contactless, with no store staff interaction necessary.

“Carrefour City+ has been designed to make life easier by using technology to remove friction and enhance the retail experience,” revealed Hani Weiss, Chief Executive Officer at Majid Al Futtaim Retail. “The store represents a huge leap forwards for retail in the UAE and region as Carrefour continues to innovate to meet the needs of the present whilst anticipating future shopping trends.”

A first for Carrefour worldwide, City+ deploys artificial intelligence and state of the art technology to identify thousands of products with pinpoint accuracy, improving inventory management and simplifying shopping for customers. Carrefour City+ stocks over 1,300 items including snacks, beverages, packaged food and food-to-go meals as well as basic essentials. It can easily be found near the entrance of the Mall of the Emirates Metro Station link for anyone wishing to try the world’s most advanced, ‘simply walk out’ shopping technology.

Carrefour City+ is a prime example of the role of the private sector in supporting the UAE’s Fourth Industrial Revolution Strategy to become a leading global hub and an open lab for the Fourth Industrial revolution’s application. It is also in line with the UAE Artificial Intelligence Strategy that aims to make the UAE the first in the field of AI investments and applications in various sectors. Having established a reputation for innovation, modernity and technology, this retail revelation from Majid Al Futtaim contributes to the UAE’s transformation into an international technology hub as the government takes concrete steps towards establishing a strong, digitally enabled economy.

Media Contact:

Mina Kiwan – Media Relations
E: mina.kiwan@ogilvy.com
D. +971 (0) 4 305 0325
M. +971 (0) 55 2426806

Raed Matarbazi – Communications Manager
Carrefour UAE
E: RMatarbazi@mafcarrefour.com
M. M +971 (0) 56 417 9771

About Carrefour

Carrefour was launched in the region in 1995 by UAE-based Majid Al Futtaim, which is the exclusive franchisee to operate Carrefour in over 30 countries across the Middle East, Africa, and Asia, and fully owns the operations in the region. Today, Majid Al Futtaim operates over 375 Carrefour stores in 17 countries, serving more than 750,000 customers daily and employing over 37,000 colleagues.

Carrefour operates different store formats, as well as multiple online offerings to meet the growing needs of its diversified customer base. In line with the brand’s commitment to provide the widest range of quality products and value for money, Carrefour offers an unrivalled choice of more than 500,000 food and non-food products, and a locally inspired exemplary customer experience to create great moments for everyone every day. Across Carrefour’s stores, Majid Al Futtaim sources over 80% of the products offered from the region, making it a key enabler in supporting local producers, suppliers, families and economies.

About Majid Al Futtaim

Founded in 1992, Majid Al Futtaim is the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia.

A remarkable business success story, Majid Al Futtaim started from one man’s vision to transform the face of shopping, entertainment and leisure to ‘create great moments for everyone, every day’. It has since grown into one of the United Arab Emirates’ most respected and successful businesses spanning 17 international markets, employing more than 43,000 people, and obtaining the highest credit rating (BBB) among privately-held corporates in the region.

Majid Al Futtaim owns and operates 28 shopping malls, 13 hotels and four mixed-use communities, with further developments underway in the region. The shopping malls portfolio includes Mall of the Emirates, Mall of Egypt, City Centre malls, My City Centre neighbourhood centres, and five community malls which are in joint venture with the Government of Sharjah. The Company is the exclusive franchisee for Carrefour in over 30 markets across the Middle East, Africa and Asia, operating a portfolio of more than 375 outlets and an online store.

Majid Al Futtaim operates more than 500 VOX Cinemas screens as well as a portfolio of world-class leisure and entertainment experiences across the region including Ski Dubai, Ski Egypt, Dreamscape, Magic Planet, Little Explorers and iFLY Dubai. The Company is parent to a Fashion, Home and Specialty retail business representing international brands such as Abercrombie & Fitch, Hollister, AllSaints, lululemon athletica, Crate & Barrel, Maisons du Monde, LEGO and THAT, a Majid Al Futtaim fashion concept store and app. In addition, Majid Al Futtaim operates Enova, a facility and energy management company, through a joint venture operation with Veolia, a global leader in optimised environment resource management.

www.majidalfuttaim.com

Please follow us on
https://www.youtube.com/user/majidalfuttaim
https://twitter.com/majidalfuttaim                
https://www.linkedin.com/company/majid-al-futtaim
https://www.facebook.com/MajidAlFuttaim
https://www.instagram.com/majidalfuttaim
https://majidalfuttaim.medium.com/

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/6908791c-aaed-49db-8666-9283cdc9cb67

https://www.globenewswire.com/NewsRoom/AttachmentNg/e1d14528-d3b4-4fa2-8e8c-9d8c22276ed6

Posted on

Intelex Is Making Moves to Further the Global Expansion of its Innovative ESG and Global Environmental Solutions

Sustainability Hero of the Year Michael Tuohy appointed as Intelex VP of Environment and Sustainability and Steven Lavoie named Senior Product Manager of Environment

Toronto, Sept. 07, 2021 (GLOBE NEWSWIRE) — TORONTO, CANADA – September 7, 2021 – Intelex Technologies, ULC, a leading global provider of cloud-based Environmental, Health, Safety and Quality (EHSQ) management software, today announced the appointments of Michael Tuohy as its new Vice President of Environment and Sustainability and Steven Lavoie as its Senior Product Manager of Environment to drive rapid innovation within the environmental and sustainability sectors.

The Business Intelligence Group has also announced today that not only was Tuohy named its Sustainability Hero of the Year in its 2021 Sustainability Awards program, Intelex’s ESG Management Suite won product of the year. The Sustainability Awards honor those who have made sustainability an integral part of their business practice and who use their role to make a meaningful impact on the environment. Organizations of all sizes submitted nominations to reward team members and gain exposure for their organizations, their initiatives and the exemplary accomplishments of their leaders as they work to improve our environment for future generations.

“We are so proud to reward and recognize all of our winners and finalists, as they provide the leadership and vision needed to protect our environment,” said Maria Jimenez, Chief Nominations Officer, Business Intelligence Group.

With over a decade of diverse technology and industry experience, Tuohy will now oversee the strategic development and delivery of Intelex’s global environmental compliance and ESG solution suite. By significantly expanding capabilities and team size, Tuohy is helping to boost Intelex’s ESG profile and increasing the ability of Intelex’s solutions to meet and exceed the needs of today’s global market. With global regulators and financiers using ESG as a gauge for risk, and the industry seeing a drastic shift in focus rarely seen before, Intelex is uniquely positioned to guide its clients through the complex landscape so they can become the leading companies of the future.

“Intelex is a company that not only says it values ESG, but truly believes in the importance of it and takes actions that genuinely help our clients have positive global impacts,” said Tuohy. “It is an honor to be stepping into the role of Vice President of Environment and Sustainability, where I can continue to grow our innovative team that designs, builds and delivers the leading ESG Management Software solution.”

Steven Lavoie, who has been at Intelex for nine years, has a background in energy and the environment, including field work as an onsite geologist for oil and gas, stack testing for mining, refineries, waste and water treatment.

Lavoie has a deep and thorough understanding of the energy industry and its ESG concerns and will drive product innovation and investments in technologies and talent around environmental compliance and sustainability.

“Transitioning into the role of Senior Product Manager of Environment could not be any more exciting than it is now. With today’s fast-paced world, immediate and effective actions within the ESG field are what we need now more than ever, and I could not be more thrilled to be as involved in the process as I am” said Lavoie. “Working at Intelex, with other like-minded people who collaboratively have the same end goal of delivering out-of-the-box, efficient and effective ESG solutions, is an honor.”

Intelex Technologies, ULC is a global leader in environmental, health, safety and quality (EHSQ) management software. Since 1992, Intelex employees across the globe have been committed to innovating and enabling organizations to send their employees home safely every day, leaving behind a more sustainable world to the generations that follow, and manage quality so that only the safest and highest quality products make it to market.

Intelex’s scalable, web-based platform and applications have helped clients across all industries improve business performance, mitigate organization-wide risk, and ensure sustained compliance with internationally accepted standards (e.g. ISO 9001, ISO 14001, ISO 45001) and OSHAS 18001) and regulatory requirements. Almost 1,400 customers in 195 countries trust Intelex to power their EHSQ initiatives.

Headquartered in Toronto with regional offices and employees around the world, Intelex became an Industrial Scientific company in 2019. In 2020, Intelex acquired ehsAI, provider of a SaaS-based next-wave compliance automation solution that leverages artificial intelligence and machine learning algorithms. For more information about Intelex, visit www.intelex.com.

Attachment


Sandy Smith
Intelex Technologies
2163750484
Sandy.Smith@intelex.com
Posted on

INVNT GROUP® to launch bzar – Xperience Shopping™ An “always on” 24/7/365 global, immersive metaverse connecting brands, consumers, experiences, content, and creators through gamification

New York, NY, Sept. 07, 2021 (GLOBE NEWSWIRE) — Launching this November, bzar is a patent pending, disruptive, immersive, metaverse leveraging Epic Games’ Unreal Engine, the most powerful real-time 3D creation tool, and partnering with SURREAL Events, a leading developer of multiplayer virtual experiences in Unreal. With multiplayer capabilities and gamified elements blended with virtual retail experiences or “brand worlds”, bzar offers brand safe environments, fosters brand love, and creates instantaneous transaction results.

Heavily rooted in entertainment, gaming, and celebrity brand sectors – allowing members to play and shop, providing an engaging shorthand between the influencer to consumer check out – bzar is a new paradigm for shareable, fun, and exciting shopping experiences.

bzar, pioneered by Scott Cullather, Co-founder and CEO of [INVNT GROUP] and Founder and CEO of bzar, will launch with a select group of brands that will debut their “brand worlds” in the bzar metaverse. bzar stands for a world which holds no limitations to creativity, love, inclusivity, fun, excitement, and the desire to connect with each other. Unbound by the restrictions of physical space, time, and distance, bzar invites modern brands to create their own brand worlds, and to tell their stories with imagination establishing an emotional connection between their brand and their most important consumers – Millennials and Gen Z.

Members create custom avatars equipped to discover, play, try on, and shop exclusive digital and physical products. Along with the ability to attend interactive live performances with virtually anyone in the entire bzar metaverse.

“We have been developing the bzar metaverse for over 18 months. When Mark Zuckerberg joins the narrative, you know you are onto something big. Our ideas of community start with people. Modern global consumers and brands want more than four walls and to scroll endlessly over flat boring images of products – which is what today’s brick and mortar, e-comm and omni-channel platforms offer.  Today, consumers and brands demand experience and innovation. bzar reimagines retail and experiential spaces in unimaginable virtual worlds, that help power modern, world-class brands. By bringing all those communities together, we hope to build the most powerful and exciting collective of brands, culture-shakers and makers on the planet.”  Scott Cullather, Founder and CEO, bzar

bzar speaks to a conscious consumer – they are authenticity focused and seek to be part of a community of firsts. Community is not created by bzar, it meets at bzar – empowering the audience to create the community and the culture.

bzar powers brands who seek to cultivate communities of the future.

For more on bzar – Xperience Shopping please visit: www.bzar.com

About INVNT GROUP

[INVNT GROUP] was established in 2020 with a vision to provide consistent, meaningful, well-articulated BrandStory across all platforms. With offices in New York, Dubai, London, Singapore, Sydney, Stockholm, and Detroit; headed up by President and CEO, Scott Cullather, [INVNT GROUP], THE GLOBAL BRANDSTORY PROJECT™ represents a growing portfolio of complementary disciplines designed to help forward-thinking organizations everywhere, impact the audiences that matter, anywhere. The GROUP consists of modern brand strategy firm, Folk Hero; creative-led culture consultancy, Meaning; branded content studio and content marketing agency, HEVĒ; collegiate events and experiences, INVNT Higher Education, and INVNT, the founding live brandstory telling agency. For more information about [INVNT GROUP], visit: www.invntgroup.com.

About SURREAL

SURREAL is a first-of-its-kind virtual event platform enabling audiences across industries to connect, collaborate and celebrate in entirely new ways. Web-based, hosted in the Cloud and pixel-streamed to participants, SURREAL provides a “digital twin” to physical events and experiences—bridging the possible and impossible in any virtual environment imaginable. Designed to be social-first, gamelike and avatar-based, SURREAL inspires organic meetings and real-world “collisions” in a variety of spaces and with intuitive tools that make it easy to converse and connect with colleagues. Visit www.surrealevents.com for more information.

Attachment


Jhonathan Mendez de Leon
 [INVNT GROUP]™
jmendezdeleon@invnt.com
Posted on

Exploring China’s Ocean Civilization: Documentary “Return to Zai Tun” is on National Geographic

QUANZHOU, China, Sept. 7, 2021 /PRNewswire/ — Documentary film “Return to Zai Tun” is airing on National Geographic starting from September 4, broadcasting to 170 countries and regions worldwide in 43 languages, to reveal the story of Quanzhou, where has been included among UNESCO World Heritage List through the 44th session of the World Heritage Committee as ” Emporium of the World in Song-Yuan China” lately. The documentary was jointly produced by Quanzhou Radio and TV Station and Fujian Straits TV.

Exploring China’s Ocean Civilization: Documentary “Return to Zai Tun” Is Coming Soon on National Geographic.

Quanzhou’s successful inscription on the World Heritage List marks a historical achievement of the then Eastern Maritime Silk Road, it’s regarded as a collective memory and common wealth of mankind that’s recognized and treasured by people worldwide. The documentary “Return to Zai Tun” starts with Quanzhou’s naming in ancient time, and takes the voice and perspective of present tense to elaborate on Zai Tun’s past and present as well as the historical connections.

As an outstanding example of world marine trade center port and the only starting point of the Maritime Silk Road recognized by UNESCO, how did Quanzhou emerge from a small fishing village to a prosperous key seaport city? How did the long-distance global ocean trade integrate the diversity of global society and culture, and how to make cross-cultural prosperity a reality – what are the historical driving forces and inheritance genes behind this?

The documentary “Return to Zai Tun” will take the chance to answer the questions through two episodes of 90 minutes in total. It leads with Jacob de Ancona’s oriental voyage journal “The City of Light” to decode the oriental features and influence of China’s marine civilization from a global perspective, and get to know the adventurous, brave, welcoming and diverse people who were born to the sea.

The documentary was produced and polished for nearly four years to ensure the rigorous and accurate historical facts of the documentary while presenting some fresh perspective. The production crew traveled to more than 20 countries and regions to collect historical documents about Quanzhou, including the church version of “The Travels of Marco Polo,” first print of “The City of Light” for study and comparison.

On this basis, the crew interviewed a number of leading experts from the Chinese Academy of Social Sciences and the National Museum of China to clarify the importance of civil maritime exchange activities in the long history and break through traditional knowledge. The filming team expanded their sights from Quanzhou and followed the nodes of important events along the route to trace physical evidence and contemporary stories, constructing a multi-dimensional cognitive system with Quanzhou as the fulcrum.

The documentary also takes this advantage to contrast the humanistic spirit, folk craftsmanship with the ancient society to draw the picture of inheritance and development, innovation and integrity. The ancient port of Zai Tun was once the largest port in the east, and its evolution can still ignite infinite inspirations to today’s people.

For more information about the Documentary, please visit www.docuchina.cn.

Photo – https://mma.prnewswire.com/media/1608947/1.jpg

Posted on

Nyxoah Announces Participation in the Baird 2021 Global Healthcare Conference

PRESS RELEASE

Nyxoah Announces Participation in the Baird 2021 Global Healthcare Conference

Mont-Saint-Guibert, Belgium – September 2, 2021, 10:30pm CET / 4:30pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH)(“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced that Olivier Taelman, Chief Executive Officer, and Fabian Suarez, Chief Financial Officer, will participate at the Baird 2021 Global Healthcare Conference on Tuesday, September 14, 2021, with a virtual presentation at 3:05 pm CET / 9:05 am ET.

A live webcast and replay of this event will be available on the Company’s investors relations website at https://investors.nyxoah.com/

About Nyxoah
Nyxoah is a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA). Nyxoah’s lead solution is the Genio® system, a CE-validated, patient-centered, next generation hypoglossal neurostimulation therapy for OSA, the world’s most common sleep disordered breathing condition that is associated with increased mortality risk and comorbidities including cardiovascular diseases, depression and stroke.

Following the successful completion of the BLAST OSA study in patients with moderate to severe OSA, the Genio® system received its European CE Mark in 2019. The Company has completed the BETTER SLEEP study in Australia and New Zealand for therapy indication expansion and is currently conducting the DREAM IDE pivotal study for FDA approval and a post-marketing EliSA study in Europe to confirm the long-term safety and efficacy of the Genio® system.

Contacts:
Nyxoah
Fabian Suarez, Chief Financial Officer
corporate@nyxoah.com
+32 (0)10 22 24 55

Gilmartin Group 
Vivian Cervantes
IR@nyxoah.com

Attachment