Simbionix’s Innovative Solution for Patient Specific Simulation Receives Further Global Recognition

CLEVELAND, July 17, 2014 /PRNewswire/ — Medical simulation technology provides an excellent approach to training physicians, nurses and allied health personnel. However, medical simulation development and utilization does not have to stop with training. Simbionix USA Corporation advances the concept of using its proprietary technologies and capabilities to turn the simulation experience into an essential part of pre-operative surgery planning.

(Logo: http://photos.prnewswire.com/prnh/20120502/529202-a)

The company’s revolutionary PROcedure Rehearsal Studio™ (PRS) steps up simulation by enabling physicians to rehearse a complete endovascular procedure on a virtual 3D anatomical model based on a specific patient’s CT data. The virtual model can be used for simulating, analyzing and evaluating pre-operative surgical treatment options prior to performing an actual case, which may increase a physician’s confidence in the upcoming procedure.

The advantages of patient specific planning have long been recognized in other fields within the healthcare industry, such as medical imaging. Simbionix is pleased to announce the signing of a collaboration agreement with the market leader in medical image analysis software, Pie Medical Imaging BV. The company manufactures and distributes the 3mensio software, a clinical application that enables the visualization and analysis of patient CT scans in both 2D and 3D modes.

The collaboration will enable exporting the 3mensio Vascular™ model into the Simbionix simulation environment to form a comprehensive planning solution that combines 3DR, data analysis and simulation on the same platform. The solution will allow physicians and clinical specialists to rehearse a procedure in a complete virtual environment without the need for physical tools. This will take users of the 3mensio software to the next level of preparedness for endovascular procedures, as it will allow added simulation insights. Cases created by the software may also be imported to the ANGIO Mentor simulator for full procedure practice using fluoroscopy, guidewires, catheters, and other equipment that is used in the cath lab.

Simbionix recently received the CE marking of conformity for its patient specific simulation, an important step towards launching this innovative technology and expansion of its use in the clinical practice. The PRS CE mark demonstrates the product’s compliance with stringent requirements related to the quality, safety, and performance of medical devices determined by the European Union legislation.

In addition, Simbionix PRS has recently been granted a patent in China. The company now has patents for this technology in three key countries: the USA, UK and China. These patents represent recognition for Simbionix’s comprehensive line of products, which provide innovative solutions to advance medical performance and ensure patient safety.

Gary Zamler, Simbionix CEO added that “Growing interest from the image analysis market, which 3mensio is part of, demonstrates the need for more comprehensive planning solutions. The ability to evaluate surgical treatment options using simulation anytime, anywhere, is a major factor in achieving the goal to increase patient safety and improve procedure outcomes. The collaboration agreement, CE mark and additional patent are all examples of the company’s key position as a market leader and innovator in the field of medical simulation.”

Visit: http://www.simbionix.com, FacebookTwitter and LinkedIn.

Contact: Rebecca Levy, Rebecca@simbionix.com, +1-216-2292040

Max Bupa Recognized as ‘Model Insurer Asia of the Year’ for Effective Implementation of Technology Enabled by Newgen

SINGAPORE, July 17, 2014 /PRNewswire/ — Max Bupa Health Insurance has been recognized as the Celent Model Insurer of Asia for 2014, one of the most coveted honour in APAC region, for effective technology usage in insurance. With a strong focus on utilizing technology to deliver the best in class service, Max Bupa is creating a benchmark in the industry through innovative IT practices. Max Bupa’s focus from the time of inception has been to evolve and transform customer experience, by offering exceptional customer service through smart and hassle free processes.

Max Bupa implemented Newgen Software Technologies’ BPM solution to automate core processes like New Business, Claims, Healthcare Provider Enrolment, Agent Licensing, and Renewals. These solutions together enhanced customer experience through improved interactions, and reduced customer response timelines. Newgen’s mobility application ZapIn enabled end to end automation of the highly critical New Business process thus providing a uniform end user experience. Through this implementation, Max Bupa became the first insurer in India to introduce a mobility application into its customer acquisition process.

Commenting on the win, Somesh Chandra, Director – Customer Service, Operations and Technology, Max Bupa said, “It is an honour to be recognized for our technological prowess by Celent. At Max Bupa, we have a strong focus on utilizing technology to deliver the best in class service and a seamless experience to our customers, partners and employees. We have a clear roadmap to ensure our technology implementation maintains a competitive edge and addresses evolving customer needs. The innovative IT solutions by Newgen have helped us streamline and automate our customer facing business processes.”

Puneet Nath Kapil, Vice-President (IT), Max Bupa added, “We needed a solution to bring about overall improvement in terms of process efficiency, SLA adherence and customer engagements. Newgen with its vast domain expertise, robust product platforms and invigorating business solutions helped us significantly improve our customer response rate.”

Diwakar Nigam, MD & CEO, Newgen Software said, “Every implementation we undertake comes with a unique set of challenges. We have, over the years strived to find invigorating solutions to these challenges. Max Bupa’s win is a testimonial of our success.”

Celent is a leading research and consulting firm focused on the application of information technology in the global financial services industry. Max Bupa won this honour amongst the 18 other insurers.

Media contact: Asif Khan, +65-6221-8432, Asif.khan@newgen.co.in

Singapore Based Capillary Technologies Raises $14 Million Series B Funding Led by Sequoia Capital and Norwest Venture Partners

SINGAPORE, July 17, 2014 /PRNewswire/ —

Cloud-Based Integrated Marketing Platform Leader Expands Presence and Partner Ecosystem to Help Retailers Drive Sales through Capillary Intelligent Customer Engagement™ Suite 

Capillary Technologies, the market leader in cloud-based retail customer engagement management, today announced that it has closed a $14 million Series B round of venture financing. This new investment adds to the $17 million of Series A funding received in 2012, providing a sizable balance to fund continued growth. Sequoia Capital and Norwest Venture Partners (NVP) led this round.   The funding will be used to enhance Capillary’s cloud-based integrated marketing platform and grow its partnership ecosystem, which already includes Blue Label Engage in South Africa and the American Express US Global Merchants Services group.

(Logo: http://photos.prnewswire.com/prnh/20130228/599759)

“Continued funding by both Sequoia and NVP is a vote of confidence in our vision and continued traction in the marketplace. By harnessing the power of Capillary’s Intelligent Customer Engagement™ Suite, retailer marketers are forming successful and personalized relationships with their customers based on insights from our customer analytics platform across multiple channels,” said Aneesh Reddy, co-founder and CEO of Capillary Technologies. “Retailers realize a 15% increase in Average Basket Value and 30% increase in their customer retention rate by implementing our solutions, which is the reason we continue to grow so rapidly around the world.”

Capillary’s insights-driven, integrated marketing platform helps retailers to quickly and easily manage their customer data, gain insights and personalize engagement across multiple channels, driving a significant increase in sales and loyalty.  Capillary’s Intelligent Customer Engagement™ (ICE) suite of software solutions incorporates everything that retail marketers require to engage with their customers, weaving social and mobile experiences into any e-commerce platform or point-of-sale device from legacy terminals to the latest POS devices, mobile tablets, and online shopping platforms.

With the announcement of funding also comes the announcement of a new partner, Agilysys. Agilysys is a leading developer and marketer of proprietary enterprise software, services and solutions to the hospitality industry and operates extensively throughout North America, Europe and Asia.  “We are excited to have them on board and our partnership will allow us to bring innovative solutions to companies of all sizes in the hospitality industry,” said Anant Choubey, Vice President of the APAC region at Capillary Technologies.

Notable new customers include Marks & Spencer, a leading apparel retailer with stores in Europe, Middle East and Asia, KFC, the world’s most popular chicken restaurant chain, Lacoste, a leading French bridge-to-luxury brand, Keedo, a leading children’s clothing manufacturers in South Africa, and Courts, one of the top electrical, IT and furniture retailers in Southeast Asia.”

“We want to continue to provide innovative shopping experiences for our customers.  Capillary’s insights-driven approach has allowed us to more precisely target prospects in six European countries who will be most receptive to our expanded product line,” said Zdenek Hasek, Head of Marketing at Marks & Spencer for Czech Republic, Poland, Slovakia and Baltics.    

As evidence of its continued success, Capillary and its Customer Engagement Management platform has been honored with awards such as one of the 20 Most Promising Digital Marketing Solutions by CIO Review Magazine, Always On Global 250 Top Private Companies, Winner of Top 50 Startups by TiE Silicon Valley, Innovative 100 by Inc. Magazine’s India, and CIO Asias 20 Most Promising Product Companies.

Contact Capillary Technologies:  
Vaibhav Khamesra
Director of Marketing, AP and MEA
+65-9005-7483
press@capillarytech.com

MDiT Forum and Regulation Summit 2014: Gearing up MD Development by Regulation & Innovation

SHANGHAI, July 17, 2014 /PRNewswire/ — Following the huge success of MEDTEC China on-site conference 2012 & 2013, MDiT Forum and Regulation Summit 2014 will continue to focus on regulatory updates & market access, product design & manufacture and risk management & quality control of medical devices. The conference will be held on September 25th-26th at Shanghai World Expo Exhibition & Convention Center and will keep using the theme of “Gearing up MD Development by Regulations & Innovations” which was very well-received by attendees in 2013. The conference will aim to provide you with the latest regulatory updates and advanced technology sharing.

Conference Highlights

  • Covering hot topics of updates on Chinese/overseas regulation, new technology, new material application and quality control of medical device
  • Resource integration and sharing of MEDTEC Global, 23+ international high-quality speakers
  • Exploring advanced technique and market information and to acquire development opportunities
  • MEDTEC Investment Summit takes place during MEDTEC, looking for capital opportunity for product and in-depth business cooperation
  • 5 theme modules, MEDTEC exhibition and conference, showcase and presentation promoted simultaneously

Call for Speakers

UBM/MEDTEC is compiling a great roster of thought leaders and industry insiders for a program packed with timely insights, strategic views, and actionable items. If you would like to have the opportunity to speak at MEDTEC on-site conference 2014, please submit your proposed topic, biography and contact information to us.

Producer:
Ms. Jessie Jiang
jessie.jiang@ubm.com / +86 21 6157 3933

Sponsorship & Delegates:
Ms. Julia Zhu
Julia.zhu@ubm.com / +86 21 6157 3922

Ms. Heron Zhuang
Heron.zhuang@ubm.com / +86 21 6157 3928

Media & PR:
Ms. Alisha Zhou
Alisha.zhou@ubm.com /+86 21 6157 3930

Logo: http://photos.prnasia.com/prnh/20140612/0861404094-b

Logo: http://photos.prnasia.com/prnh/20140612/0861404094-a

 

World’s Largest Sourcing Event for Baby, Children and Maternity Products Industry to Unveil New Brands, Products and Suppliers on July 22-24

SHANGHAI, July 17, 2014 /PRNewswire/ — The 14th Shanghai International Children Baby Maternity Industry Expo (CBME China) will welcome local and international suppliers to showcase their latest products on July 22-24, 2014 at the Shanghai New International Expo Centre (SNIEC).

The event will feature 2,428 brands from 1,751 exhibitors across 166,680 square meters (+21% year-on-year) of exhibition space. A number of world-known brands have already confirmed participation including Babybubbles, Britax, CAM, Chicco, Cybex, Design Skin, Dr. Brown’s, Fiona’s Prince, Friso, Goo.N, Hallmark Babies, iCandy, Johnson’s Baby, Joie, Karicare, Kiddy, les enphant, Mattel, Maxi-Cosi, Micro, NUBY, NUK, OXO, Philips AVENT, Pigeon, Quinny, Richell, RODY, Teletubbies, Wyeth Nutrition and more, covering a range of children baby maternity products from healthcare products to food, strollers and toys, clothing and accessories and services.

“Tens of thousands of buyers make CBME China a regular stop on their sourcing calendar as they recognize the purchase efficiency gained by meeting qualified suppliers with quality products that is available at CBME China. More and more suppliers also launch their latest products at CBME China. This is where they can find the latest trends affecting the industry,” says Athena Gong, General Manager, CBME.

“We have also seen an increase in the number of new exhibitors and brands in 2014. This year, we are also launching Cool Kids Fashion. Other activities include Trend Forums, Kids Fashion Shows, Fashion Designers Gallery, Kids Fashion Design Contest, Kids Fashion Museum and Private Networking Event. Cool Kids Fashion brings together world-renowned brands, designers, media and key players of children fashion in an exclusive on-trend ambiance. The event is by invitation only, and we are expecting a good turn out.”

Specialized Zones and Pavilions to showcase the latest and best in the industry

With the increase in exhibition scale, CBME China is carefully categorized into themed areas to make sourcing easier for buyers. These are: International Pavilions; Licensing Zone; Maternity and Baby Care Products; Baby Carriages, Car Seats and Furniture; Food and Health Care Products; Toys, Educational Products and Souvenirs; Children, Baby and Teenager Clothing, Footwear and Accessories; Maternity Clothing, Underwear and Accessories; and Service Organizations.  

New to CBME China 2014 is the OEM/ODM Pavilions. Brand owners and buyers can now find reliable manufacturers and good quality products made to their specifications at CBME China.

Ms. Gong further comments: “CBME China has always focused on domestic and international brands. As the industry grows, we see a demand for OEM/ODM suppliers. China is always an ideal place to find good quality products and manufacturers for tailor-made designs. Thus, for 2014, we expanded the coverage of CBME China to include OEM/ODM companies. With the addition of OEM/ODM Pavilion to CBME China, we aim to serve the whole supply chain.”

Another highlight for 2014 is the Interactive Car Seats Gallery. Here, visitors can see live demonstration on the latest car seats from Baby First and Britax. They can find which car seat is best suited for which car. They can also learn the latest safety standards, technology and innovation for car seats. This also serves as an educational platform wherein retails store owners and their personnel can get hands-on training and gain industry know-how from manufacturers. They will learn the latest government regulations to impart with parents-to-be, gain the technical aspects of the car seats and enrich their sales skills necessary to effectively sell the product. To encourage the development of this skill, the participants of this year’s “Best Baby Store Sales Contest Awards” will be tested and judged based on it.

International Pavilions at CBME China grew again as more brands from Australia, Korea, United Kingdom, United States, Spain, Taiwan and other countries/regions are presenting products covering a range of children baby maternity products from healthcare products to food, strollers and toys, clothing and accessories and services.

The Licensing Zone is where licensees can find new properties and brands and initiate licensing deals. Whether looking to spot trends, building strategic partnerships, securing promotional tie-ins or taking property worldwide – this is where it all happens.

At the CBME AWARDS Gallery, visitors can find not only the latest innovation in the industry, but they can also see who the movers and shakers of China’s baby products industry are. The CBME AWARDS Gallery will feature the nominees for Lifetime Achievement Award, Top Retailer Awards, Top Brand Awards, the Innovative Products Awards and more.

Part to the CBME Awards Gallery, the Innovative Products Awards Gallery will showcase the nominees for the latest product innovations in the industry. Originally conceived to encourage independent research and development on safer quality products for mothers and babies, the CBME Innovative Product Awards continues the tradition by providing a platform for inspiring innovative products meeting the highest industry standards. From over 100 entries received, top six per category will be on display for visitors to view and vote for their favorite.

Focusing on content that matters to the industry

Visitors and exhibitors attending CBME China will not only find new business partners and find thousands of children, baby and maternity products, they will also get an inside look at what’s happening in the industry.

CBME China’s conference program aims to brand owners and buyers on conduct more efficient trade in the industry. The program provides a comprehensive source of information on China’s supply chain and will feature a broad range of hot topics from retail store management and operations to emerging market trends.

The Children Baby Maternity Products Industry Summit will give attendees an overview of China’s children, baby and maternity products market, and educate them on how to grow their business in the region. The whole-day summit will cover topics including industry survey reports, industry trends and analysis, e-commerce development, retail store management and more.

Other Industry Seminars during CBME China 2014 include presentations from government representatives to discuss the latest guidelines and laws covering milk importation, social media marketing, retail store development strategy and many more.

Value-added services to enhance buyer experience and facilitate trade

To help buyers and exhibitors meet and do business more effectively, CBME China is organizing a series of special services. These include:

  • Private Buyer Meetings to help buyers meet one-on-one with top suppliers to specify their sourcing requirements, product specification and close deals. The leading chain stores for children baby and maternity products in China like Leyou Babies to Kids, MSH’s Pregnant Women & Baby, Baby Bear, the leading Chinese online retailers like Yihaodian and Jingdong Mall, supermarkets and shopping malls like RT-Mart, Suning, Vanguard and WU Mart. Participating overseas companies include Nishimatsuya, the top baby products chain store with over 850 retail stores in Japan; Kooltrade, the baby products distributor in United Kingdom; windeln.de GmbH, the popular online retailer in Germany: Kids Travel, Inc, online retailer from Korea and more are scheduled to attend.
  • Elite and VIP guests of CBME China can enjoy free food and drinks, WIFI and more at the VIP lounges.
  • Free shuttle service is available during show dates to bring visitors to and from Longyang Road metro station.

“CBME China is a professional exhibition that upholds the highest quality standards. It only features certified suppliers and products and also adheres to intellectual property guidelines and laws. CBME China is just one of the service we provide the industry. We maintain the industry’s broadest and most integrated multi-channel platform, allowing buyers to find and meet suppliers using our print magazines, mobile apps and face-to-face shows,” concluded Ms. Gong.

CBME China is a perfect business platform for children, baby and maternity product buyers, retailers, manufacturers, distributors and suppliers to meet and do business in one venue.

CBME China 2014 will take place from July 22-24 at the Shanghai New International Expo Centre. For more information on CBME China, visit www.cbmexpo.com/en.

For press enquiries, please contact:
Louise Kathryn Yu
Marketing Director
Children, Baby, Maternity Industry Expo (CBME)
Tel: +852-2585-6101
louise.yu@ubm.com

MetLife HK Raises Interest Rates on Dividend and Coupon Accumulation for USD Policies

HONG KONG, July 17, 2014 /PRNewswire/ — MetLife Hong Kong announced an increase in interest rates to 4.5% per annum on all participating MetLife Hong Kong dividend accumulation and guaranteed cash coupon policies denominated in US dollars with immediate effect.

The decision to raise rates on these policies by approximately up to 75 basis points — different rate structures exist across different policies — reflects the actual experience of our investment return.

MetLife Limited and Metropolitan Life Insurance Company of Hong Kong Limited (collectively “MetLife Hong Kong”), the wholly-owned subsidiary of MetLife, Inc., the largest life insurance company in the United States*, is the first insurer(1) in Hong Kong to make this move in 2014, one that will mean better returns for its policyholders.

“At MetLife Hong Kong, we keep a close eye on market trends and try to stay one step ahead. We’re also a customer-centric company. The decision to raise rates on these policies will improve returns and reflects our ongoing effort to provide the most competitive and attractive products,” said Lennard Yong, Chief Executive Officer at MetLife Hong Kong.

The new rate of 4.5% is one of the highest(1)  for participating US dollar dividend and coupon accumulation policies among the major insurance market players in Hong Kong.

For all participating policies issued by MetLife Hong Kong, dividends and/or cash coupons paid to policyholders can be left with MetLife Hong Kong to accumulate with interest at a rate based on market conditions and investment performance. The interest rates offered are usually more competitive than a time deposit savings rate available from banks.

*

LIMRA and MetLife Research 2013

1

As of July 15, 2014

For Media:

Sunshine Farzan
(852) 2199 1821
sfarzan@metlife.com

Becky Lee
(852) 2199 1833
blee7@metlife.com

The WORD Network Now Available In Africa

DETROIT, July 17, 2014 /PRNewswire/ — The WORD Network is now available to an additional 70 million viewers throughout Central and Southern Africa. This is due to a new working agreement with ViewSat to launch on IntelSat20. The WORD Network position is on a selection of Free To Air Networks available to all residents living in Central and Southern African countries.

“We are ecstatic to be working with ViewSat and being able to get our message out to people throughout Africa. With this new relationship, we remain the largest African American religious network in the world!” stated WORD Network CEO Kevin Adell.

The WORD Network, which launched in February of 2000, beams into more than 200 counties and has a viewership worldwide of more than 3 billion.

MEDIA CONTACTS: MORT MEISNER ASSOCIATES, MORT MEISNER, +1-248-545-2222

“We are delighted to be broadcasting The Word Network into Sub Saharan Africa’s premium free to air neighborhood,” Safia Rana, Head of Sales and Marketing, ViewSat