Tech News
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Rapid Rise in Application to Fuel Global OLED Display to Reach US$25.9 Bn by 2018: Transparency Market Research
Albany - New York, Oct. 9, 2015 (GLOBE NEWSWIRE) -- Transparency Market Research (TMR), a market research and intelligence firm, has published a research study on the global OLED display market. The report estimates the overall value of this global market by the end of 2018 to be US$25.9 bn, expanding at an exceptional CAGR of 30.0% over the period from 2012 to 2018.The research report, titled "OLED Display Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018", states that the worldwide OLED display market stood at US$3.8 bn in 2011.
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http://www.transparencymarketresearch.com/oled-displays.htmlThe rising application of OLED displays in televisions, smartphones, and signage on account of their soaring demand significantly boosts the OLED display market. However, the high cost associated with manufacturing OLED displays, together with decreasing cost of alternative technologies, is likely to hamper the market growth over the forecast period, according to the research report. The major types of OLED display technologies operational in the global market are active matrix OLED and passive matrix OLED. The active matrix OLED market held around 80.0% of the global market in 2011 and secured the first place. Analysts at TMR expect the market segment to maintain its position over the forecast period.
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Hitherto, the mobile phones are the biggest application area for the OLED displays. The market segment accounted for 71.0% of the overall market in 2012 and was followed by OLED televisions. However, in the long run, the former is expected to lose its ground to the latter, the market report states. North America, Asia Pacific, Europe, and the Rest of the World are the key regional markets for OLED displays across the globe, cites the market study. Among these, Asia Pacific led the global market in 2011. The regional market is expected to retain its leadership with a majority share of the global market for OLED displays over the forecast period.
Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/oled-displays.htm
On the other hand, the OLED display market in Europe is projected to report the fastest growth between 2012 and 2018 due to the increasing consumer base for OLED display equipped smartphones, televisions, and tablets, the study signifies. North America is also slated to exhibit a remarkable growth during the forecast period.Au Optronics Corp., Sony Corp., LG Display, Visionox, Pioneer, Rit Display, Tdk, and Samsung Electronics are the major participants operating in the global OLED display market. The market is highly concentrated in nature with top four players, namely Samsung, WiseChip, Visionox, and Pioneer, accounting for 80.0% of the overall industry. Samsung led this market in 2011 and has maintain its leadership since then, cited the research report.
Browse Article: http://www.transparencymarketresearch.com/article/oled-displays.htm
The global OLED display market is segmented into:
By Technology
Electroluminescent materials
- Small-molecule OLEDs
- Polymer OLEDs
Driving electronics
- Passive matrix OLEDs (PMOLED)
- Active matrix OLEDs (AMOLED)
- Hybrid OLEDs (HOLED)
Other types of OLED displays
- Phosphorescent OLEDs
- Transparent OLEDs
- Top emission OLEDs
- Flexible OLEDs
- Stacked OLEDs
By End Users
- Mobile phones
- TV displays
- Netbook/desktop
- Digital cameras
- Automotive
- Others
By Region
- North America
- Europe
- Asia Pacific
- Rest of World (ROW)
Other Reports Published By Transparency Market Research:
- Head-up Display Market: http://www.transparencymarketresearch.com/head-up-display-market.html
- Head Mounted Display Market: http://www.transparencymarketresearch.com/head-mounted-displays.html
- Outdoor LED Displays Market: http://www.transparencymarketresearch.com/outdoor-led-displays-market.html
- Industrial And Commercial LED Lighting Market: http://www.transparencymarketresearch.com/industrial-commercial-led-lighting-market.html
Browse All Other Technology & Media Market Research Reports:
http://www.transparencymarketresearch.com/technology-market-reports-8.htmlAbout Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
CONTACT: Mr. Atil Chaudhari State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com
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Singapore Post Limited to Acquire a Majority Stake in Jagged Peak, Inc.
TAMPA, Fla., Oct. 9, 2015 (GLOBE NEWSWIRE) -- Jagged Peak, Inc. (OTC Pink:JGPK), a leading provider of enterprise-class e-commerce software solutions and supply chain services (the "Company"), and Singapore Post Limited (Singapore Stock Exchange:S08.SI), a leading provider of mail, logistics and ecommerce solutions in Singapore and the Asia Pacific region ("SingPost"), today announced that the Company and SP Jagged Peak LLC, a newly organized Delaware limited liability company ("SP JP") owned by SingPost, have entered into a definitive agreement under which SP JP will acquire all of the outstanding stock of the Company other than approximately 28.9% of the stock which is held by Paul Demirdjian and Primrose Demirdjian. Mr. Demirdjian is the Chief Executive Officer of the Company, and both Mr. and Mrs. Demirdjian are directors, principal shareholders and founders of the Company.
Under the agreement, SP JP and the Demirdjians will form a new company which will be merged with and into the Company at the closing (the "Merger"). As a result of the Merger, each share of the Company's common stock outstanding at the closing, excluding shares owned by the Demirdjians and shares held by Company's shareholders who properly exercise appraisal rights under Nevada law, will be converted into the right to receive a cash payment equal to $1.08 minus an amount equal to the transaction expenses incurred by the Company divided by the total number of shares outstanding at the closing of the Merger on a fully-diluted basis. Presently, the Company anticipates that transaction expenses will be approximately $0.09 per share, resulting in a cash payment to shareholders of approximately $0.99 per share, which represents a premium of approximately 32% over the closing price for common stock on October 8, 2015. The transaction will be financed by SingPost through its existing internal cash resources.
SP JP and the Demirdjians have also entered into an agreement which contains put and call rights for the Demirdjians and SP JP relating to the purchase and sale of the Demirdjian's stock in the Company following the Merger under certain conditions and at various prices.
All of the Company's directors, who together own approximately 68.4% of the outstanding stock of the Company, have entered into Voting Agreements with SP JP under which they have agreed to vote in favor of the transaction at any meeting called for that purpose.
"SingPost's investment in Jagged Peak is evidence of a new era of eCommerce where global infrastructure and fulfillment needs are becoming the new norm," said Chief Executive Officer Paul Demirdjian. "This merger is an exciting opportunity that will allow us to provide retailers and consumer brands with an end-to-end worldwide solution."
Mr. Lim Ho Kee, Chairman of SingPost, said, "As SingPost pioneers and leads eCommerce logistics in Asia Pacific, we are casting our eyes beyond the region. Jagged Peak can enable end-to-end fulfilment of eCommerce orders across the US. SingPost is excited about this capability. This transaction is also part of our strategy to focus our resources on strengthening our geographical reach and the technology we employ as an eCommerce logistics company."
Dr. Wolfgang Baier, Group Chief Executive Officer of SingPost, said, "This acquisition will 'connect the dots' and make our eCommerce logistics network global. The acquisition of Jagged Peak allows us to use their state-of-the-art eCommerce omni-channel technology to enable brands and retailers not only to leverage their warehouse facilities in over 20 locations in the US but expand these services into our Asia Pacific warehouse network. A win-win for existing and future customers. We have planted the seeds with this investment of what will be SingPost's global multi-channel B2B4C eCommerce logistics platform."
Closing of the Merger is subject to certain closing conditions, including obtaining the approval of the Company's shareholders at a meeting called for that purpose and other customary conditions. Further information regarding the terms and conditions in the definitive agreement, will be contained in a Current Report on Form 8-K which will be filed promptly with the SEC.
About Jagged Peak, Inc.
Jagged Peak, Inc. is a leading e-commerce solutions provider with software and services that enhance the scalability, flexibility and profitability of single-channel, multi-channel and omni-channel online businesses. Its cornerstone technology is EDGE---an enterprise-class commerce platform that includes a full-featured e-commerce Platform (ECP) and robust Order Management System (OMS) as well as a Warehouse Management System (WMS) and Transportation Management System (TMS). These platform elements can be deployed alone or together through a license or SaaS delivery model to form an end-to-end, Cloud-based software suite that integrates the entire order life cycle with visibility across business units, distribution channels and trading partners---all while enabling the client to have complete control of its online brand. Combining its technology with a comprehensive array of eMarketing, customer support and IT professional services along with "anytime, anywhere" order fulfillment through its FlexNet warehouse network, Jagged Peak offers a rare and uniquely holistic approach to e-commerce. Jagged Peak's blue chip client roster includes numerous global consumer brand companies. For more information, please visit www.jaggedpeak.com.
About Singapore Post Limited
For over 150 years, Singapore Post (SingPost) as the country's postal service provider, has been delivering trusted and reliable services to homes and businesses in Singapore.
Today, SingPost is pioneering and leading in eCommerce logistics as well as providing innovative mail and logistics solutions in Singapore and the Asia Pacific, with operations in 15 countries.
Building on its trusted communications through domestic and international postal services, SingPost is taking the lead in end-to-end integrated and digital mail solutions. The suite of SingPost eCommerce logistics solutions includes front end web management, warehousing and fulfilment, last mile delivery or international freight forwarding.
Listed on the Main Board of the Singapore Exchange in 2003, SingPost is a constituent stock of various main global benchmark indices - FTSE All-World Index Series, FTSE All-World Minimum Variance Index, FTSE All-World High Dividend Yield Index, FTSE RAFI Index Series, FTSE Global Infrastructure Index Series and FTSE ST Index Series. It has a strong credit rating of 'A/Stable/NR' by Standard & Poor's.
To find out more about SingPost, please visit www.singpost.com and https://www.singpost.com/corporate-information/businesses.html for more information on SingPost's subsidiaries and businesses.
Forward Looking Statement Disclosure
This document contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. All forward-looking statements speak only as of the date hereof and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause the expected timing, completion and effects of the merger to differ materially from such forward-looking statements. The Company may not be able to complete the proposed merger on the terms described above or other acceptable terms or at all because of a number of factors, including the failure to obtain shareholder approval or the failure to satisfy other closing conditions. Such forward-looking statements are necessarily dependent upon assumptions, estimates and dates that may be incorrect or imprecise and involve known and unknown risks, uncertainties and other factors. Accordingly, any forward-looking statements included herein do not purport to be predictions of future events or circumstances and may not be realized. Given these uncertainties, stockholders and prospective investors are cautioned not to place undue reliance on such forward-looking statements. Please refer to the Company's annual, quarterly and periodic reports on file with the SEC for a more detailed discussion of these and other risks that could cause results to differ materially. The Company disclaims any obligations to update any such factors or to publicly announce the results of any revisions to any of the forward-looking statements contained herein to reflect future events or developments.
Additional Information and Where to Find It
In connection with the proposed merger transaction, the Company will file with the SEC and furnish to the Company's shareholders a proxy statement and other relevant documents. This press release does not constitute a solicitation of any vote or approval. BEFORE MAKING ANY VOTING DECISION, THE COMPANY'S SHAREHOLDERS ARE URGED TO READ THE PROXY STATEMENT IN ITS ENTIRETY WHEN IT BECOMES AVAILABLE AND ANY OTHER DOCUMENTS TO BE FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED MERGER OR INCORPORATED BY REFERENCE IN THE PROXY STATEMENT BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER.
Investors will be able to obtain a free copy of documents filed with the SEC at the SEC's website at http://www.sec.gov. In addition, investors may obtain a free copy of the Company's filings with the SEC from the investors section of the Company's Web site at http://www.jaggedpeak.com/page/investorrelations or by directing a request to: Albert Narvades, CFO, 813-637-6900 Ext. 225.
Participants in the Solicitation
The Company and its directors, executive officers and certain other members of management and employees of the Company may be deemed to be "participants" in the solicitation of proxies from the shareholders of the Company in connection with the proposed merger. Information regarding the interests of the persons who may, under the rules of the SEC, be considered participants in the solicitation of the shareholders of the Company in connection with the proposed merger, which may be different than those of the Company's shareholders generally, will be set forth in the proxy statement and the other relevant documents to be filed with the SEC. Shareholders can find information about the Company and its directors and executive officers and their ownership of the Company's common stock in the Company's annual report on Form 10-K for 2014, which was filed with the SEC on March 26, 2015, and in Forms 4 of directors and executive officers filed with the SEC subsequent to that date.
CONTACT: Investor Relations Albert Narvades, CFO Jagged Peak, Inc. 3000 Bayport Drive, Suite 250 Tampa, FL 33607 813-637-6900 Ext. 225
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Cerner Signs Up More Than 1,200 Provider Sites to Use CommonWell Services
KANSAS CITY, Mo., Oct. 8, 2015 (GLOBE NEWSWIRE) -- The reach of the CommonWell Health Alliance continues to grow, as Cerner announced today that more than 1,200 care provider sites, which represent more than 75 Cerner clients, have signed up to use CommonWell interoperability services to date.
"Ubiquitous, nationwide interoperability will take time, but we're seeing positive momentum," said Bob Robke, vice president of Interoperability, Cerner. "We're proud to have our clients joining us in advancing interoperability and applaud their leadership in getting our industry one step closer to helping patients share their records with their providers, wherever they receive treatment."
Cerner clients use CommonWell services to exchange health data across the care continuum. CommonWell uses a standards-based approach to connect different EHR suppliers.
"Since the alliance was formed in 2013, it has worked diligently with both the government and the private sector to stand up a nationwide infrastructure to securely share patient data, regardless of where care occurs," said Jitin Asnaani, executive director, CommonWell Health Alliance. "The many providers that have signed up to use CommonWell services through their health IT supplier understand that sharing information across organizations is the right thing to do for the patient."
As the number of providers that use CommonWell services across the United States continues to grow, providers are seeing value from connecting with other health care organizations in their community and surrounding regions. Nanticoke Health Services will benefit from the high volume of provider organizations in the greater Delaware region that have signed with CommonWell through their EHR suppliers, including Cerner, athenahealth and Greenway Health.
"As we continue to bring CommonWell live across our provider base, we will begin to see real value in the patient information that our providers are able to access through CommonWell," said Charles Palmer, chief information officer, Nanticoke Health Services. "Physicians are excited that by the end of year, they will be able to use CommonWell to help them make better treatment decisions because they had more context about the patient's care that happened outside of our organization."
About CommonWell Health Alliance
CommonWell Health Alliance is a not-for-profit trade association of health IT companies working together to create universal access to health care data. The Alliance is open to all organizations that are committed to making patient's data available to providers regardless of where care occurs. Alliance members support the belief that provider access to this data must be built into health information technologies at a reasonable cost for use by a broad range of health care providers and the populations and people they serve.
To learn more about CommonWell Health Alliance, please visit www.commonwellalliance.org, and read CommonWell Community blog. Also follow CommonWell on Twitter at @CommonWell, join us on the CommonWell LinkedIn page, and like the CommonWell Facebook page.
CommonWell Health Alliance and the CommonWell logo are registered trademarks of CommonWell Health Alliance, Inc. in the U.S. and other jurisdictions.
About Cerner
Cerner's health information technologies connect people, information and systems at more than 18,000 facilities worldwide. Recognized for innovation, Cerner solutions assist clinicians in making care decisions and enable organizations to manage the health of populations. The company also offers an integrated clinical and financial system to help health care organizations manage revenue, as well as a wide range of services to support clients' clinical, financial and operational needs. Cerner's mission is to contribute to the systemic improvement of health care delivery and the health of communities. On February 2, 2015, Cerner Corporation acquired substantially all of the assets, and assumed certain liabilities, of the Siemens Health Services business from Siemens AG. Nasdaq: CERN. For more information about Cerner, visit cerner.com, read our blog at cerner.com/blog, connect with us on Twitter at twitter.com/cerner and on Facebook at facebook.com/cerner.
Certain trademarks, service marks and logos set forth herein are property of Cerner Corporation and/or its subsidiaries. All other non-Cerner marks are the property of their respective owners.
CONTACT: Angela Vogen angela.vogen@cerner.com
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Cerner Clients Test SMART on FHIR Apps Within EHR
KANSAS CITY, Mo., Oct. 8, 2015 (GLOBE NEWSWIRE) -- Cerner, a global leader in health care technology, has unveiled a production version of HL7's FHIR® standard that is being tested in the Cerner Millennium® electronic health record (EHR).
"This next-generation standards framework enables health care organizations to utilize Cerner's open platform, which is designed to enable third-party innovators to advance care delivery and improve interoperability capabilities with other FHIR-compliant EHR systems," said Dr. David McCallie, senior vice president, medical informatics at Cerner. "This integrated approach will provide clinicians access to 'pluggable apps' directly within their workflows that are designed to expand and transform the way care is delivered."
Cerner clients will test SMART® on FHIR apps within Cerner Millennium. Mosaic Life Care has already begun to test a clinical decision support system that helps clinicians recognize and diagnose visually presenting conditions, VisualDX®, in its ambulatory clinics, emergency departments and throughout the hospital.
"The development of SMART on FHIR apps within Cerner Millennium is comparable to smartphones replacing pagers," said Brennan Lehman, CIO at Mosaic Life Care. "For years, we've struggled with complex interfaces, faxing and scanning to piece together the patient story. From the patient's perspective, care isn't limited to the four walls of the hospital. FHIR enabled apps seamlessly integrated with Cerner Millennium create the platform to solve the puzzle."
VisualDX will demonstrate its app in the Solutions Gallery at Cerner's Health Conference (CHC), Oct. 11-14, in Kansas City, Mo.
CHC attendees will also be able to explore a variety of SMART on FHIR apps on interactive touch-screens, including xG Health's EnrG | Rheum app and two open source apps created by Boston Children's Hospital.
Cerner continues to build FHIR services to support a wide variety of clinical resources and will continue to follow the standard, including the recently balloted Draft Standard for Trial Use 2.0. By the end of the year, an initial catalog of SMART on FHIR applications will be generally available for use to extend the Cerner Millennium platform.
Cerner's FHIR sandbox and documentation are available to clients and third-party application developers at fhir.cerner.com.
About Cerner
Cerner's health information technologies connect people, information and systems at more than 18,000 facilities worldwide. Recognized for innovation, Cerner solutions assist clinicians in making care decisions and enable organizations to manage the health of populations. The company also offers an integrated clinical and financial system to help health care organizations manage revenue, as well as a wide range of services to support clients' clinical, financial and operational needs. Cerner's mission is to contribute to the systemic improvement of health care delivery and the health of communities. On February 2, 2015, Cerner Corporation acquired substantially all of the assets, and assumed certain liabilities, of the Siemens Health Services business from Siemens AG. Nasdaq: CERN. For more information about Cerner, visit cerner.com, read our blog at cerner.com/blog, connect with us on Twitter at twitter.com/cerner and on Facebook at facebook.com/cerner.
Certain trademarks, service marks and logos set forth herein are property of Cerner Corporation and/or its subsidiaries. All other non-Cerner marks are the property of their respective owners.
©2015 Cerner Corporation. All rights reserved. This document contains Cerner confidential and/or proprietary information which may not be reproduced or transmitted without the express written consent of Cerner.
CONTACT: Media Contact: Marlene.Bentley@Cerner.com
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SMTP's SharpSpring Announces Launch of Media Center
GAINESVILLE, Fla., Oct. 8, 2015 (GLOBE NEWSWIRE) -- SMTP, Inc. (NASDAQ:SMTP), a global provider of cloud-based marketing technologies, today announced the availability of the SharpSpring Media Center, a new feature for the company's rapidly growing marketing automation solution. SharpSpring's Media Center allows users to manage, send and track click-throughs for marketing and sales materials in one convenient place.
With Media Center, users can improve their customer interactions with faster, more personal lead nurturing and other communications. SharpSpring's powerful automation technology can now be used with internal and external content pieces, such as white papers and videos, including those posted through social sites such as Twitter and Facebook. Media Center also provides resources with valuable content library management features, allowing users within organizations to share content and track performance of content between campaigns or various social channels.
"We continue to expand the SharpSpring platform to new levels and develop features that will enhance our users' interaction with their prospects," said Rick Carlson, SharpSpring founder and recently appointed SMTP Chief Executive Officer. "This is yet another example of SharpSpring creating ways for small and mid-sized businesses to improve the quantity and quality of their leads coming into their businesses and drive more sales."
About SMTP, Inc.
SMTP, Inc. (NASDAQ:SMTP) is a global provider of cloud-based marketing solutions, ranging from sophisticated marketing automation (via subsidiary SharpSpring) to comprehensive email and mobile marketing (via subsidiary GraphicMail) and scalable, cost-effective email deliverability services. The company's product family is hallmarked by its flexible architecture, ease-of-use and cost-effectiveness. SMTP augments its technology with high-quality, multilingual customer service and support. SMTP, Inc. is based in Gainesville, Fla.
Download SMTP's investor relations mobile app: Apple's App Store or Google Play.
Safe Harbor Statement
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continues," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing new customer offerings, changes in customer order patterns, changes in customer offering mix, continued success in technological advances and delivering technological innovations, delays due to issues with outsourced service providers, those events and factors described by the Company in Item 1.A "Risk Factors" in its most recent Form 10-K and other risks to which the Company is subject, and various other factors beyond the Company's control.
CONTACT: Investor Relations Contact: Edward Lawton Chief Financial Officer 617-500-0122 ir@smtp.com
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UBIC Obtains New Japanese Patent for Technology Related to Predictive Review
TOKYO, Oct. 8, 2015 (GLOBE NEWSWIRE) -- UBIC, Inc. (Nasdaq:UBIC) (TSE:2158) ("UBIC" or "the Company"), a leading provider of international litigation support and big-data analysis services, announced today that the Japan Patent Office has recently issued a Notification of Decision of Grant to the Company for a patent application related to "Predictive Review."
In order to address users' expectations for improved accuracy and productivity in document review, the Company developed Predictive Review. Previously, all of the review results had to be fed manually into UBIC's AI system, but with Predictive Review, such manual task becomes lighter. This is because it will take part to function in a specific area: the judgments made by document reviewers are processed automatically. This instantly and continuously boosts efficiency and allows users to focus on their review and encourages the AI system to continuously learn and improve itself. Predictive Review is a manifestation of UBIC's innovative concept called "Behavior Informatics."
The necessary procedures for patent registration have already been executed, and the patent is currently pending issuance.
Patent application number: 2012-225103
Patent application filing date: Oct 10, 2012
Predictive Coding, a platform provided by UBIC, can categorize data based on learning from experts. In Predictive Coding, UBIC's AI helps users process enormous amounts of data by assigning high scores to highly relevant data and low scores to less relevant data. Based on these scores the most essential data sets can be prioritized so that these data are marked for further review by a knowledgeable person. Predictive Coding thus greatly alleviates the burden on human reviewers involved in traditional document review.
Utilizing Predictive Review can make the Predictive Coding process even more efficient. The latest review results no longer need to be added manually to the database. The system now processes these results as they are being created by reviewers, so that it constantly improves its classification accuracy.
The automated scoring function thus improves the operational flow because the AI is being trained and evaluated in real time. In other words, the score assigning function will be updated every time it reads new input data, making the highly important data quickly move to the top of the list so that it gets evaluated much earlier.
The analytical framework covered by this patent will be implemented in some of the newly released products of Lit i View®, a platform for big data analysis.
"We believe that this patent is a testament to the superior innovation that underlies the highly-accurate document analysis provided by UBIC," stated UBIC Chairman and Chief Executive Officer Masahiro Morimoto. "In this advanced digital age, when the processing of vast volumes of data is necessary, our cutting-edge technology will open up new business frontiers, such as corporate fraud investigation and email auditing. UBIC aims to provide data analysis solutions in a broad range of new fields, including health care, intellectual property evaluation support and national security. By further honing our AI-based technologies and expanding our portfolio of intellectual properties, UBIC will continue to provide additional value-added eDiscovery services to customers worldwide."
About UBIC, Inc.
UBIC, Inc. (Nasdaq:UBIC) (TSE:2158) supports the analysis of big data based on behavior informatics by utilizing its technology, "VIRTUAL DATA SCIENTIST" or VDS. UBIC's VDS technology is driven by UBIC AI based on knowledge acquired through its litigation support services. The VDS incorporates experts' tacit knowledge, including their experiences and intuitions, and utilizes that knowledge for big data analysis. UBIC continues to expand its business operations by applying VDS to new fields such as healthcare and marketing.
UBIC was founded in 2003 as a provider of e-discovery and international litigation support services. These services include the preservation, investigation and analysis of evidence materials contained in electronic data, and computer forensic investigation. UBIC provides e-discovery and litigation support by making full use of its data analysis platform, "Lit i View®", and its Predictive Coding technology adapted to Asian languages.
For more information about UBIC, contact usinfo@ubicna.com or visit http://www.ubic-global.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These forward-looking statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the amount of data that UBIC expects to manage this year and the potential uses for UBIC's new service in intellectual property-related litigation, contain forward-looking statements. UBIC may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about UBIC's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: UBIC's goals and strategies; UBIC's expansion plans; the expected growth of the data center services market; expectations regarding demand for, and market acceptance of, UBIC's services; UBIC's expectations regarding keeping and strengthening its relationships with customers; UBIC's plans to invest in research and development to enhance its solution and service offerings; and general economic and business conditions in the regions where UBIC provides solutions and services. Further information regarding these and other risks is included in UBIC's reports filed with, or furnished to the Securities and Exchange Commission. UBIC does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments is as of the date of this press release, and UBIC undertakes no duty to update such information, except as required under applicable law.
CONTACT: UBIC Global PR UBIC North America, Inc. Tel: (212) 924-8242 global_pr@ubic.co.jp
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Roper Technologies to acquire legal software company Aderant
ATLANTA, Oct. 8, 2015 (GLOBE NEWSWIRE) -- Today, Roper Technologies announced their acquisition of Aderant, the world's largest independent legal software company, from private equity firm Madison Dearborn Partners ("Madison Dearborn"). The acquisition is expected to close within 30 days and will cement a milestone in Aderant's evolution and recognition as the leader in legal software technology. Roper Technologies is a constituent of the S &P 500 with a current market capitalization of approximately $17 billion.
Chris Giglio, Aderant CEO, commented, "I am so pleased that Aderant will operate from a permanent home within Roper Technologies. A permanent home enables Aderant to undertake larger strategic initiatives and even more visionary product development. I am proud of the products and services Aderant delivers today, and I am excited about what Roper will enable us to deliver tomorrow."
Roper Technologies CEO, Brian Jellison added, "While our businesses serve a diverse set of niche markets, a common focus on customer intimacy has been a key success factor over our 23-year history. Aderant has a strong history of delivering value and a high customer satisfaction to the legal technology market. Now, as part of the Roper family, Aderant will be even better positioned to grow."
The acquisition occurs amidst a rapid growth in Aderant's client base with many of the largest law firms in the world recently changing their practice management system to Aderant Expert. Chris Cartrett, SVP Global Sales, Aderant, noted "We are seeing a real trend in law firms making large investments in new technology. Such decisions go beyond evaluating technology functionality but also involve evaluating the long term strength, stability and vision of the vendor partner. Our permanent home with Roper should assure clients of Aderant's ambition and stability to lead the industry into the future."
In terms of stability, Aderant will continue to operate unchanged in company name, brand, office locations and most importantly staff. All Aderant employees and executives remain with the company and will lead Aderant into a new chapter of the company's growth.
"The transition from private equity ownership to now a permanent home within Roper Technologies signals the true maturity of our business," noted Aderant COO Deane Price. "The collaboration of Madison Dearborn with our executive team over the past several years has helped us prioritize opportunities, set us on a higher growth trajectory and positioned us for sale to a software industry leader. Our industry leading customer retention and our operating philosophy fit well within Roper Technologies."
Mike Barry, EVP Product and Strategy and nine year veteran of Aderant, commented on Aderant's future: "Today I am more excited than ever for Aderant's next chapter. Roper Technologies provides us a unique environment to plan and execute on a truly visionary approach to legal technology. No other vendor in our industry enjoys this same luxury."
About Aderant
Aderant, headquartered in Atlanta, is a global provider of comprehensive business management software for law and other professional services firms. With a 35-year history as a global industry leader, Aderant supports nearly 3,200 clients in more than 30 countries, representing 77 of the top 100 Global Law Firms and more than 88 percent of the Am Law 200. Aderant maintains a combined customer retention rate of more than 95 percent and a customer support Net Promoter Score of 81. Aderant's complete suite of solutions includes: business development, calendar/docket matter management with built-in court rules, practice and financial management, time and billing, case management, document management, and business intelligence. More information is available at www.aderant.com.
Aderant and Aderant Expert are registered trademarks of Aderant Holdings, Inc. All other trademarks mentioned herein are the properties of their respective owners including, if so indicated, Aderant Holdings, Inc. or its subsidiaries.
About Roper Technologies
Roper Technologies is a constituent of the S &P 500, Fortune 1000, and the Russell 1000 indices. Roper designs and develops software (both software-as-a-service and licensed), and engineered products and solutions for healthcare, transportation, food, energy, water, education and other niche markets worldwide. Additional information about Roper is available on the company's website at www.ropertech.com.
About Madison Dearborn Partners
Madison Dearborn Partners ("Madison Dearborn"), based in Chicago, is a leading private equity investment firm in the United States. Since Madison Dearborn's formation in 1992, the firm has raised six funds with aggregate capital of over $18 billion and has completed approximately 130 investments. Madison Dearborn invests in businesses across a broad spectrum of industries, including business and government services; basic industries; consumer; financial and transaction services; health care; and telecom, media and technology services. Notable Madison Dearborn investments include Aderant, Asurion, Cbeyond, Fieldglass, Fleet Complete, Intelsat, Kaufman Hall, LGS Innovations and Q9 Networks. For more information, please visit www.mdcp.com.
CONTACT: Aderant Contacts: Megan Hall Aderant Public Relations, North America megan.hall@aderant.com 404-889-8553 Rebecca Roome Aderant Public Relations, EMEA rebecca.roome@aderant.com +44 020 7038 9626 Leah Mahtani Aderant Public Relations, Asia-Pacific leah.mahtani@aderant.com +61 2 8507 1626
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Nasdaq's SMARTS Launches Trade Surveillance Monitoring for Dark Pools
NEW YORK, Oct. 8, 2015 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ), the world's leading provider of trade surveillance technology to marketplaces, regulators and market participants, has officially launched new trade surveillance monitoring capabilities for dark trading activity alongside its award-winning SMARTS Trade Surveillance platform.
"Trade surveillance can no longer be limited to lit trading," said Rob Lang, Vice President, Business and Product Development, Risk & Surveillance Solutions, Nasdaq. "Regulators globally are taking a more active role in monitoring and enforcing greater transparency in the trading of listed instruments away from lit venues generally, and of trading behaviors within dark pools specifically. We see the need to address these new demands and support dark venue operators and those executing in the dark to boost their surveillance capabilities and help them stay in compliance."
The new module, SMARTS Surveillance for Dark Pools, helps Multilateral Trading Facilities (MTF), Alternative Trading Systems (ATS), Crossing Networks, and market participants internalizing order flow or trading in external dark venues to monitor for potentially abusive behavior taking place in the dark. Jurisdictions such as Hong Kong, Australia and Europe, amongst others, have already passed regulatory mandates in relation to dark trading. SMARTS Surveillance for Dark Pools will better position dark venue operators and participants to more effectively meet requirements and demonstrate a proactive approach to surveillance of dark trading.
- For dark venue operators, like MTFs and ATSs, these capabilities will enable them to monitor trading across all of their clients, like an exchange, to ensure market integrity. Using SMARTS, venue operators that also own broker-dealers would also be able to demonstrate that internal desks are not trading ahead of client orders on knowledge, further improving the integrity of the pool.
- For Crossing Networks or Systemic Internalization, the solution helps demonstrate system integrity in that the liquidity pool operates as advertised, in addition to helping identify potentially malicious behavior that is hidden in the network or any mispricing or fair pricing issues for trades that executed internally.
- For executing brokers, SMARTS Surveillance for Dark Pools enables firms the same cross-market, cross-asset monitoring and alerting capabilities as have proven successful in lit markets, with the ability to view dark executions within the full context of all of the markets traded.
SMARTS Surveillance for Dark Pools covers the full range of market manipulation and abuse behaviors from price manipulation to insider trading, front running, and cross-market (lit vs dark) manipulation, amongst others.
"In order to ensure integrity and compliance, dark venue operators and participants internalizing or crossing order flow, or externally participating in dark venues, need to have processes and systems in place to monitor activity for manipulative trading," said Michael O'Brien, Head of Product Development, SMARTS Trade Surveillance. "Not only does this support regulatory compliance needs, it is simply good business practice, particularly in a quickly evolving marketplace like dark pools."
SMARTS Surveillance solutions power monitoring capabilities for more than 100 market participants across 65 markets, and over 50 marketplaces and regulators.
For more information, visit business.nasdaq.com/tech.
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,600 listed companies with a market value of approximately $9.6 trillion and more than 10,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.
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CONTACT: For Media Inquiries: Nasdaq: Ryan Wells ryan.wells@nasdaq.com Direct: +44 (0) 20 3753 2231 Mobile: +44 (0) 7809 596 390
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McLaren Health Care Chooses Cerner for EHR, Revenue Cycle and Population Health Solutions
FLINT, Mich., Oct. 7, 2015 (GLOBE NEWSWIRE) -- McLaren Health Care announced today that it has selected Cerner, a global leader in health care technology, to implement an electronic health record (EHR) system including integrated revenue cycle management, along with population health management solutions, at McLaren's hospitals and outpatient facilities throughout Michigan.
The health system will begin to transition its clinical and revenue cycle data from disparate McKesson and Allscripts systems to Cerner Millennium® this month. Cerner will also implement HealtheIntentSM-enabled population health management solutions, including HealtheRegistriesSM. The solutions will contribute to a clinically driven revenue cycle, which ties clinical and financial information together across hospitals and clinics.
"Cerner's integrated system will help McLaren as we look to better manage the health status of the Michigan residents and communities we serve, as well as make life easier for our physicians and staff," said Ron Strachan, chief information officer, McLaren Health Care. "The Cerner solutions will deliver a single patient record across all of our facilities with tasks like scheduling, registration and billing on the same platform. We look forward to providing our clinicians with a system that is designed to help them deliver safer and more reliable care to our patients."
Cerner Millennium is designed to support an integrated clinically driven revenue cycle to help clinicians and staff pull information from a single patient record across the organization. The integration between Cerner's EHR and practice management solutions will help the care team benefit from one complete workflow and easy navigation to all capabilities in the solutions, from scheduling and clinical care to billing.
"By aligning with McLaren across each of its acute care and ambulatory points of care, Cerner is working to ensure physicians who care for a large percentage of Michigan residents have access to the right patient data, at the right time, no matter which facility they visit," said Zane Burke, president, Cerner.
About McLaren Health Care
McLaren Health Care Corporation, headquartered in Flint, MI, is a fully integrated health network, committed to quality, evidence-based patient care and cost efficiency. The McLaren system includes 12 hospitals, ambulatory surgery centers, imaging centers, the state's only proton therapy center, an employed primary care physician network, commercial and Medicaid HMOs covering over 250,000 lives, home health care and hospice, durable medical equipment, retail pharmacy services, and a wholly-owned medical malpractice insurance company. McLaren operates the state's largest network of cancer centers and providers anchored by Karmanos Cancer Institute - one of only two NCI-designated cancer centers in the state. McLaren has 22,000 employees and more than 37,500 individual providers in its state-wide provider network. Learn more at www.mclaren.org
About Cerner
Cerner's health information technologies connect people, information and systems at more than 18,000 facilities worldwide. Recognized for innovation, Cerner solutions assist clinicians in making care decisions and enable organizations to manage the health of populations. The company also offers an integrated clinical and financial system to help health care organizations manage revenue, as well as a wide range of services to support clients' clinical, financial and operational needs. Cerner's mission is to contribute to the systemic improvement of health care delivery and the health of communities. On February 2, 2015, Cerner Corporation acquired substantially all of the assets, and assumed certain liabilities, of the Siemens Health Services business from Siemens AG. Nasdaq: CERN. For more information about Cerner, visit cerner.com, read our blog at cerner.com/blog, connect with us on Twitter at twitter.com/cerner and on Facebook at facebook.com/cerner.
Certain trademarks, service marks and logos set forth herein are property of Cerner Corporation and/or its subsidiaries. All other non-Cerner marks are the property of their respective owners.
CONTACT: Media Contacts McLaren Health Care - Kevin Tompkins 810-342-1173, kevin.tompkins@mclaren.org Cerner - Angela Vogen 816-213-5701, angela.vogen@cerner.com
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EEI Unveils Trusted Network Platform at FinDEVr 2015
SAN FRANCISCO, Oct. 7, 2015 (GLOBE NEWSWIRE) -- EEI announced today the launch of its Trusted Network Platform – an advanced data aggregation and management platform, consisting of a core engine and a robust API. EEI, with partners Xero and Square 1 Bank, publicly unveiled the new platform via an onstage demo at FinDEVr 2015.
Financial institutions need a fast and secure way of providing their clients with a single, customized view of all their financial data. Arthur Wasson, SVP, Global Treasury Management said, "At Square 1, our goal is to empower our clients to interact with us in ways that are intuitive to them – whether it's online through their desktops or mobile devices, through 3rd party applications such as Xero, or via direct connections. EEI's Trusted Network solution offers a platform upon which we can achieve this goal." Providing access and maintaining privacy of a client's data has always been a challenge. Now, with the EEI Trusted Network, you can deliver a single, secure, holistic view of all client assets, even those held away.
- EEI has created an advanced aggregation platform that delivers real-time information and is hosted in a secure cloud environment.
- EEI's Trusted Network supports the best authentication mechanism by utilizing OAuth 2.0 - the de facto industry standard for user authentication.
- The Trusted Network provides direct connect mechanisms to obtain data and does not rely on the more expensive and flawed method of screen scraping.
- The Trusted Network Platform communicates with any financial institution using industry standard messaging formats and implements business rules to enhance the information.
EEI's Trusted Network exceeds client expectations by intelligently aggregating data, and enabling banks to connect to advanced platforms such as Xero, while fiercely protecting the privacy of the data. The Trusted Network powers an unparalleled client experience along with digital intelligence for the enterprise through an intelligent, secure and flexible platform.
"Reconciliation of bank statements in Xero is vitally important to ensuring accuracy of financial statements," said Dinesh Katyal, Director of Product, U.S. Banking Services at Xero. "EEI's Trusted Network enables Xero to securely and reliably import statements directly from the banks, thus avoiding costly errors and saving our customers time and money."
About Enterprise Engineering, Inc. (EEI)
EEI works with financial institutions (FI's) and developers to securely and reliably connect people to their money through any channel they might care to use. Our software products facilitate data access, aggregation and transaction processing and, are trusted by many of the world's largest FI's. By brokering access to vast amounts of financial data we are able to power a wide range of applications for FI's and application developers. We leverage analytics that in turn power growth for our partners. Our software products integrate with Personal Financial Management tools, SMB Accounting software, tax packages, and expense management applications (i.e. Xero, QuickBooks®, TurboTax®, H&R Block Tax Software, Mint, and Expensify). EEI has garnered many awards since inception. Most recently we were named "Best Financial Services Technology Solutions" & "Best E-commerce Infrastructure & Systems Integration Firm" by Wealth & Finance Magazine (http://www.wealthandfinance-intl.com).
About Square 1 Bank
Square 1 Bank, a division of Pacific Western Bank, is a full-service financial services partner to entrepreneurs and their investors. Founded in 2005 by a group of seasoned venture bankers, Square 1 provides clients flexible resources and attentive service to help their companies grow. Square 1 offers a broad range of venture debt, treasury and cash management solutions through offices in top innovation centers: Austin, the Bay Area, Boston, Chicago, Denver, Durham, Los Angeles, Minneapolis, New York, San Diego, Seattle and Washington, DC. For more information, visit www.square1bank.com.
About Xero, Inc.
Xero is beautiful, easy-to-use online accounting software for small businesses and their advisors. The company has over 540,000 subscribers in more than 180 countries. Xero seamlessly integrates with over 400 third-party tools, and was ranked No.1 by Forbes as the World's Most Innovative Growth Company in 2014 and 2015.
CONTACT: Enterprise Engineering, Inc. 115 Broadway, Suite 1705 New York, NY 10006 info@joineei.com | 212-344-2000
