ACM Holdings gains business agility and provides greater value to customers, reinvests in strategic initiatives while maximizing return on its ERP investment

LAS VEGAS-Thursday 12 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Rimini Street, Inc. (NASDAQ: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products, and a Salesforce partner, today announced that AllianceCorp Manufacturing Holdings (ACM), an international provider of integrated contract manufacturing solutions for precision parts, mechatronics modules, and equipment headquartered in Malaysia, has partnered with Rimini Street to support its SAP S/4HANA software.

ACM Holdings engaged in the strategic partnership with Rimini Street to re-evaluate the role of S/4HANA, the company’s core business application, to support business-critical customizations. Through this collaboration, Rimini Street has enabled ACM ... Read more »

LAUSANNE, Switzerland-Thursday 12 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Philip Morris International Inc. (PMI) (NYSE: PM) today announced that it has reached its global company-wide target to improve gender balance, ensuring at least 40% female representation in managerial roles by 2022.

Jacek Olczak, Chief Executive Officer at PMI, commented: “I am immensely proud of PMI’s vision, commitment, and achievement in ensuring equal opportunities are given to all in the workplace, irrespective of gender. Meeting this target demonstrates that our inclusion and diversity strategy is working. Diverse profiles, backgrounds, and perspectives allow us to make better and more considered decisions as well as contribute to better and more sustainable performance. I firmly believe that a culture of fairness, inclusion, and diversity are crucial to PMI’s progress in achieving a smoke-free future and will continue to benefit the company as we become more reflect ... Read more »

Sharjah, United Arab Emirates-Wednesday 11 May 2022 [ AETOS Wire ]

 Sharjah Asset Management (SAM), the investment arm of the Government of Sharjah, has announced the appointment of Sheikh Saud bin Mohammed Al Qasimi as CEO of the real estate sector in the company that overlooks vital assets such as Souq Al Jubail, Souq Al Haraj and Al Saja'a Industrial Oasis. This comes within the company's strategy to develop this important sector and retain high investment and asset management levels.

His Excellency Waleed Al Sayegh, CEO of Sharjah Asset Management Company, said that under the directives of His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, the organisation is focusing on the importance and necessity of continuing to qualify, train and refine the expertise of national leaders, stressing the percentage of Emiratisation within the leadership level in SAM  has reached 100 per cent.

Al Sa ... Read more »

New partnership will help businesses achieve ESG goals and incentivize suppliers to improve ESG behavior

SAN FRANCISCO-Wednesday 11 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Taulia, a leading provider of working capital management solutions, has today announced its partnership with the business sustainability rating provider, EcoVadis. EcoVadis will provide ESG ratings for Taulia’s Sustainable Supplier Finance solution, allowing businesses in any industry globally to identify the most responsible and sustainable suppliers while encouraging suppliers to improve ESG performance with financial incentives.

Taulia’s Sustainable Supplier Finance solution with EcoVadis’ ESG ratings will support businesses in identifying and monitoring their suppliers’ ESG performance and qualifications across the entire supply chain. By connecting ESG ratings with low-cost early payments as a financial incentive, businesses can create alignment with s ... Read more »

JSSI appoints Tim Elberfeld as chief financial officer

Ken Goodman to lead JSSI’s pricing, asset management and insurance efforts as chief underwriting officer

CHICAGO-Wednesday 11 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Jet Support Services, Inc. (JSSI), the leading independent provider of maintenance support and financial services to the business aviation industry, has appointed Tim Elberfeld as chief financial officer and named Ken Goodman as chief underwriting officer. Both Elberfeld and Goodman will report directly to the CEO, Neil Book.

Elberfeld brings more than 20 years of experience across global businesses in all aspects of finance and accounting, including M&A and system implementations, to his new role as chief financial officer and head of information technology at JSSI.

“It is with a lot of excitement that we welcome Tim to the team as we embark on our next chapter of growth and transformation at JSSI. T ... Read more »

Expanded AI portfolio now includes NVIDIA DGX SuperPOD, NetApp ONTAP AI Integrated Solution, and NVIDIA DGX Foundry Instant AI Infrastructure

SAN JOSE, Calif.-Wednesday 11 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- NetApp® (NASDAQ: NTAP), a global, cloud-led, data-centric software company, today announced that NetApp EF600 all-flash NVMe storage combined with the BeeGFS parallel file system is now certified for  ... Read more »

Capabilities Include the Latest in Sterile Lyophilization and Liquid Filling Technology to Support Global Pharmaceutical Supply Chain, Keeping Pace with Industry Trends
PHILADELPHIA-Wednesday 11 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- PCI Pharma Services (PCI), a leading global contract development and manufacturing organization (CDMO), today announced a major expansion of capabilities and capacity in aseptic liquid fill-finish and sterile lyophilization technology, an important manufacturing process commonly used with injectable and biologic therapies, with the investment of $100 million into the construction and enhancement of world-class facilities, at its Bedford, New Hampshire campus.

Following PCI’s acquisition of Lyophilization Services of New England, Inc. (LSNE) in December 2021, this expansion plan includes a 50,000 square foot facility, which will allow PCI to grow its breadth of services as a global CDMO, building on its expertise in biolog ... Read more »

HERZOGENAURACH, Germany-Wednesday 11 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- PUMA CEO Bjørn Gulden and Giorgio Chiellini, who captained the Italian national football team to success at Euro2020, talked about their careers, outstanding leadership skills and the importance of having fun, in a video interview published as part of the sports company’s annual report.

In a professional career that spans more than 20 years, Giorgio Chiellini made more than 420 appearances for his club, Juventus, and became one of the most capped players in the history of Italy’s national team. 2021 was an extremely emotional year for him, as he won Euro2020 with Italy.

“I shared my feelings with my teammates and with the people at home in front of their TV screens. This was probably the secret of my performance,” he said. “I wanted to enjoy and celebrate all the emotions the tournament brings with it.”

In 2021, PUMA recorded its best-ev ... Read more »

Company delivers new vulnerability management offering to help resource-constrained organizations combat increasing attacks on mission-critical SAP applications

(BUSINESS WIRE) -- Onapsis, the leader in business-critical application cybersecurity and compliance, today announced the release of Onapsis Assess Baseline. In a world where business-critical applications are under attack every day, this new offering accelerates organizations’ abilities to kickstart their SAP vulnerability management programs by better aligning with the SAP Security Baseline.

The exponential growth of targeted ransomware and the increased threat of cyber warfare due to global conflict means that organizations must re-evaluate how they secure their most critical systems. Amid this evolving, more aggressive threat landscape, companies struggle to keep up with patching the growing number of vulnerabilities exploited by threat actors to gain access to their business-critical applications. ... Read more »

CAIRO-Wednesday 11 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) --Mylerz, an Egyptian last-mile delivery and fulfillment innovation company, today announced the closing of a $9.6 million round led by Lorax Capital Partners to scale and expand their operations in Egypt and North Africa. Fawry, Egypt’s leading payment company who also participated in the round, will help bolster Mylerz’s cash collection services for its merchants.

Launched in 2019, Mylerz currently operates a fleet of over 350 eco-friendly vehicles and 21 local fulfillment hubs strategically positioned across Egypt. The company hit the milestone of two million packages delivered within two years of launching. Mylerz’s proprietary logistics management technology allows it to deliver e-commerce products to customers in city centers in as fast as same-day delivery. The investment will enable Mylerz to construct and open a brand-new AI-enabled, automated 25,000 sqm cross-docking fulfillment ce ... Read more »

ZUG, Switzerland-Wednesday 11 May 2022 [ AETOS Wire ]

Bancor's new Single-Sided, Impermanent Loss-Protected Liquidity Solution is set to unleash a wave of on-chain liquidity by making DeFi staking dead simple for DAOs and their token holders.

Creative Assets

(BUSINESS WIRE) -- Bancor (BNT), the inventor of DeFi and liquidity pools, has announced its new protocol version, Bancor 3, is now live. Bancor 3 is set to be the ultimate automated DeFi liquidity solution empowering token projects and their holders to drive healthy on-chain liquidity in their native tokens.

The launch has already attracted 30+ token projects and DAOs including Polygon (MATIC), Synthetix (SNX), Brave (BAT), Flexa (AMP), Yearn (YFI), Enjin (ENJ), WOO Network (WOO) and Nexus Mutual (wNXM), which are providing seed liquidity on the network or offering liquidity incentives via Bancor’s new customizable Auto-Compounding Rewards system.

Token projects and DAOs can use ... Read more »