AntWorks™ Announces Series A Funding With Strategic Investment by SBI Holdings, Inc.

Technology

A SBI Group and AntWorks™ Joint Venture also Announced to Target Opportunities in the Asian Region

AntWorks, a leading Artificial Intelligence (AI) and Intelligent Automation products and solutions company, today announced their Series A funding with a $15 millioninvestment by SBI Investment Co., Ltd., a subsidiary of SBI Holdings, Inc., which conducts investments and management of venture capital funds, at an undisclosed valuation. This investment will provide AntWorks with an impetus for their next level of growth in Artificial Intelligence & Enterprise RPA, fuel R&D, strengthen their marketing and sales engine, and energise their foray into newer markets.

In addition, in an unusual show of commitment, a joint venture between SBI and AntWorks was also announced to tap the tremendous opportunities in the emerging AI space in South East Asia.

Fuelled by cognitive automation and machine-learning capabilities, AntWorks delivers industry-best RPA – that’s powered by AI – using its ANTstein™ platform to enterprises of all sizes. AntWorks provides a unique code-free RPA product and its one-of-a-kind Cognitive Machine Reading (CMR) engine – that is very rapidly replacing OCR – is the most critical component to any Automation, RPA or digitisation journey for enterprises as it ingests any data type – Structured, Unstructured, Inferred, or Image data.

Asheesh Mehra, Founder and Group CEO, says, “When Govind Sandhu and I started AntWorks with a small, passionate group of people, the dream was to create a company that would serve as a catalyst for enterprises on their digitization journey. SBI Holdings reposing this faith in us with both the investment and the joint venture is a validation and an opportunity to grow and come into what we have always believed AntWorks can be – a true leader forging a new path, reimagining business as usual. Today I feel pride in our team who have worked so tirelessly and gratitude towards SBI Holdings and towards every employee, partner, analyst and well-wisher who has been on this journey with us. May we remain fresh in our approach, fearless in embracing change and fast in learning, adapting and delivering on everything we stand for as AntWorks.”

As a relatively new entrant, AntWorks has already made a global impact in the space and is consistently benchmarked against competitors who have been in the space for far longer. The AntWorks differentiator is in bringing together all three pieces of the Automation puzzle, effortlessly and under one umbrella – Data Ingestion, RPA, and Artificial Intelligence.

“AntWorks’ has risen through the ranks of global RPA, Automation and Artificial Intelligence companies with a ferocity that’s unprecedented in the industry. We are excited with the possibilities of ANTstein™ and look forward to their growth in the Asian region through our joint venture, as well as globally,” said Mr. Yoshitaka Kitao, Representative Director, President, and CEO of SBI Holdings, Inc. “SBI Group is actively involved in introducing RPA solutions to financial institutions in Japan and strongly believes in the future of this field.”

Highlights of AntWorks’ capabilities, enterprise automation solutions, and business growth:

• Providing solutions for about 450+ customers and with a presence in 4 continents, AntWorks is building a business that works with a diverse range of verticals and creates unique Deep Automation™ solutions for every industry.
• Their intelligent automation platform – ANTstein[TM]has made an impressive debut with its user-friendly interface, code free RPA environment, intuitive ML (Machine Learning), & NLM (Natural Language Modelling) capabilities.
• ANTstein™ is unmatched in the industry for both its deep automation capability and its ability to meet diverse AI requirements across industries.
• AntWorks’ advanced capabilities in AI, NLP, and NLM, allow training of BOTs which are proficient and highly accurate while performing higher-value tasks.
• In a marketplace that is growing at 10X multiples, AntWorks has the only end-to-end automation offering in the market built using the fundamentals of fractal science.
• AntWorks has performed at an annual revenue growth in 3-digit multiples.
• Analytics Insight included AntWorks in their annual report of the 10 most innovative companies in Machine Learning for July 2018. They were also awarded the IDC Digital Disruptor of the Year for 2017 apart from a number of other accolades and analyst mentions over the last 18 months.
• SQUARE, the new RPA product release, is slated for Q4 of this calendar year and details will be released closer to launch.

“With this investment we will work together with SBI Group to bring end-to-end, AI-based Enterprise RPA to the globe in a way not done before. Our goal is to empower enterprises in emerging markets like PhilippinesIndiaChina, etc. – by unleashing the limitless potential of Machine Learning and Cognitive Automation,”  says Govind Sandhu, Co-Founder and CFO, AntWorks.

“The funding that we have received and the repute of our investors will only bolster our efforts to forge ahead. Our ANTstein[TM] platform will be leveraged to automate administration and augment human judgement, creating new criteria for success: collaboration capabilities, information sharing, experimentation, learning, and decision-making effectiveness. I am excited about this investment from SBI Group and I welcome them to the board as their contribution will be game-changing, for us at AntWorks and for the industry at large,” says Asheesh Mehra in his closing remarks.

New Poll Shows Overwhelming Support for GBPI’s People-First Plan

Society, World

An overwhelming majority of Georgians want the state to invest in people-first strategies including expanded access to education and mental health services, while raising new revenue to pay for them, according to a Mason-Dixon statewide poll conducted this month.

“We’re thrilled that the poll revealed widespread support for GBPI’s People-Powered Prosperity vision,” said Taifa Butler, Georgia Budget and Policy Institute’s executive director. “Georgians across the state endorse the pillars of our plan to build a stronger and more inclusive economy, focused on educated youth, skilled workers, thriving families and healthy communities.”

Georgians strongly support more affordable higher education options, including funding for the state’s new need-based financial aid program and tuition-free post-secondary technical training to develop skilled workers.

Nearly nine in 10 Georgians surveyed support additional state spending to better screen, diagnose and treat people who suffer from mental health or substance abuse problems.

The GBPI-commissioned poll of 625 Georgia voters found broad support for raising state revenue to pay for new investments in things like education and health services by raising tobacco taxes and enacting a minimum tax on Georgia corporations.

Nearly nine in 10 poll respondents want the state to scrutinize returns on investment Georgia gets from hundreds of millions of dollars in tax breaks that deplete the state treasury.

Nearly two in three poll respondents support leveraging federal dollars to put an insurance card in the pockets of hundreds of thousands of Georgians to expand affordable health care access. A proposed Georgia Work Credit drew similar support.

Other poll highlights include:

  • 72 percent of poll respondents said they support increased funding to meet the education needs of Georgia’s students if a study supports it.
  • 69 percent of poll respondents support a state school funding formula that sends more money to districts that serve many students from families in poverty.
  • 71 percent of Georgians favor increased state spending for the state’s subsidized child care program to serve more working families.

The telephone poll was conducted from July 9 through July 11, 2018 by Mason-Dixon Polling & Strategy, an independent research firm that conducts public policy and political polling research and has been polling Georgia voters for 20 yearsSee full poll results.

‘Stigma and discrimination still persists’ against people living with HIV – UN labour agency

Health, Society, World

Based on 13 country team surveys throughout the world, the International Labour Organization’s (ILO) HIV Stigma and Discrimination in the World of Work: Findings from the People Living with HIV Stigma Index, draws on interviews with more than 100,000 people living with the virus.

“It is sad to see that despite years of work, stigma and discrimination still persist,” said Shauna Olney, Chief of the ILO branch which deals with gender, equality, diversity and AIDS, speaking in Amsterdam at the launch.

“But treatment alone is not sufficient. We must work harder to reduce stigma and discrimination for people living with HIV at workplaces. They have a right to work and no one should deny them that,” she added.

Co-written with the Global Network of People Living with HIV, the report was introduced during the biennial International AIDS Conference “AIDS 2018”, which has been taking place this week; the largest conference on any global health or development issue in the world.

The data highlights a number of findings, such as that 10 out of 13 countries recorded a 30 per cent or higher unemployment rate for people living with HIV, with a greater rate among HIV-positive youth.

And women living with HIV are less likely to be employed then their male counterparts because of unpaid care responsibilities, and a lack of independent income.

Moreover, unemployment among HIV-positive transgender people in all countries remains high.

Hiding their HIV status

Another key finding reveals that their HIV status costs many people their jobs – often because of employer or co-worker discrimination.

“When information about my [HIV] status reached my manager, he called me to his office,” said an anonymous individual facing discrimination, in the report. “First he told me I was working badly – doing too little work. Then he asked me to submit my resignation, without any serious explanation – as if I were resigning voluntarily.”

As a result, many people are hesitant to disclose their HIV status. to employers or even co-workers. Testimony from Cameroon, in West Africa, shows the extent of the problem of accessing employment:

“I went to pick up my appointment letter only to be told that I had to undergo a medical examination. I already knew my sero-status, which I told the human resource officer about. She said I had to do the examination which confirmed my HIV-positive status. That marked the end of getting the job as they could not recruit me even though I had passed the interview,” said one anonymous interviewee.

Similarly, HIV-related discrimination remains a major cause for not receiving job promotions.

“What this report shows is that we still have a long way to go in our efforts to combat workplace related stigma and discrimination against people living with HIV,” said Sasha Volgina, GNP+ Programme Manager. “Access to healthcare and access to employment are inextricably linked and as such a meaningful commitment towards stemming the epidemic and securing the wellbeing of all people living with HIV, cannot be met without prioritizing ending HIV stigma in the workplace.”

This is How Marijuana Goes Global

Business

There’s a huge investment opportunity unfolding right now, and it’s going largely unnoticed. It’s based on a global movement to essentially legalize a plant. As wild as it sounds, this plant is still criminalized in most of the world, despite its proven medical and recreational benefits. Mentioned in today’s commentary includes: THC Biomed International (OTC: THCBF), Zynerba Pharmaceuticals (NASDAQ: ZYNE), Compass Diversified Holdings (NYSE: CODI), Teva Pharmaceuticals (NYSE: TEVA), Aurora Cannabis Inc (OTC: ACBFF)

The movement began in the U.S. with a few states in what many considered an ambitious social experiment…but it was so successful, and more importantly, profitable, that Canada decided to follow suit. This was just the beginning.

Now, with Canada’s recreational marijuana legislation set in stone, one small company is turning to lucrative markets across the globe, including EuropeLatin America and the Caribbean – with 1.37 billion potential consumers.

The playbook is simple: Scythian Biosciences Corp. (SCYB.V; SCCYF) is an investment company for pot projects in countries around the world. The company identifies, acquires and flips key businesses – netting a huge profit along the way.

They’ve taken a global ‘first mover approach’ which gives the company a unique advantage against the competition. Scythian is the world’s first global cannabis incubator, and they’re already making some game-changing deals.

After closing the sale of their projects in ColombiaJamaica and Argentina, they’ll have over $200 million in cash and stock. Despite this tremendous score, they’re still hungry for more.

Scythian is pushing to continue to diversify its strategy, growing into a key investment company in the marijuana business.

Here are five key reasons to keep watch on Scythian Biosciences Corp.developments:

#1 Canadas Cannabis Boom is Well Underway

On June 7thCanada finally approved the Trudeau administration’s landmark legislation to end cannabis prohibition in Canada. Experts estimate that legal marijuana sales in Canada will reach close to $22 billion by 2021 – more than the combined Canadian sales of beer, wine and spirits. This is why companies like Scythian Biosciences Corp. (SCYB.V; SCCYF) are poised to see huge opportunities.

Legalizing recreational marijuana could result in demand of about 400,000 kilograms of cannabis in its first full year, according to Canaccord Genuity analysts. That’s just for recreational use.

Demand for medical cannabis is also growing at a significant pace, and the total combined demand for the first year could be 575,000 kilograms.

With a population of just 36 million – Canada is dwarfed by the 1.37 billion potential cannabis consumers located in progressive, high income jurisdictions of EuropeLatin America and the Caribbean.

#2 There Will Be $57 Billion Market Up For Grabs 

Cannabis industry leaders know they can’t stop there, however. So now they’re pursuing international expansion to justify long-term market cap growth. And Scythian Biosciences Corp. (SCYB.V; SCCYF) is taking it one step further.

The company is actively identifying and pursuing cannabis startups around the world – and the potential opportunities are staggering in scale.

Germany – Europe’s largest economy with roughly 83 million people – legalized marijuana for medical use for some ailments in 2017.

Italy – with roughly 60 million people and Europe’s fourth largest economy – legalized medical marijuana for certain use-cases in 2013.

In January 2017Brazil – with a population of over 207 million people and the highest GDP in South America – issued its first license for a cannabis-based medicine.

Experts are projecting that global spending on legal cannabis will grow from its current level of just under $10 billion to a whopping $57 billion in the next ten years. Scythianis an early mover in markets including EuropeLatin America and the Caribbean – with a total population of 1.37 billion.

This year it became the first multinational to receive an Import License for CBD oil by the Argentina Ministry of Health through their soon-to-be-acquired subsidiary – ABP S.A. This deal would give Scythian access to Argentina’s network of hospitals, doctors, retail pharmacies, private health providers and public health system. And in March 2018, Jamaican authorities granted Marigold Jamaica Products Ltd., five conditional licenses to research, cultivate, process and market medical cannabis. A company in which Scythian plans to acquire a controlling stake.
Scythian is building a portfolio in the global cannabis industry that it then sells off at a healthy profit, when the targets successfully develop with Scythian’s help.

#3 Partnerships With Some Of The Biggest Companies In The Space 

In February 2018Scythian Biosciences Corp. announced the closing of a $28.7 Moffering, led by a $14 million investment from Aphria Inc.. This investment makes Aphria Inc. a major stakeholder in Scythian Biosciences Corp.

With a market cap of $2.77 billion – Aphria Inc., is one of Canada’s leading producers, suppliers and sellers of high grade, low-cost medical cannabis. This is where Scythian’s genius is truly realized.

On Tuesday, July 17th Scythian announced the sale of their Latin American and Jamaican assets to Aphria for $193,000,000 mostly in stock. Scythian originally contracted to acquire those assets for approximately 65M USD assuming a $4 CAD share price.

The transaction will turn Scythian Biosciences Corp. into Aphria‘s single largest stockholder – and leave Scythian with a war chest of over $200 million in cash and stock.

#4 A World Class Management Team

CEO – Rob Reid

Mr. Reid is a leading business figure in Europe’s legal cannabis industry. He is co-founder of Prohibition Partners, a company that provides market data and intelligence to investors, entrepreneurs and regulators. He is also co-founder of Cannabis Europa, a conference series that will focus on the science and policy required to shape the future of Europe’s medical cannabis industry.

Chief Medical Officer – Michael Barnes

Professor Barnes MD FRCP is a leading world authority in neurological rehabilitation and has emerged as an influential voice in medical cannabis policy in Europe. Professor Barnes is a clinical neurologist and consultant in rehabilitation medicine.

He is the Honorary Professor of Neurological Rehabilitation at the University of Newcastle, and Founder and President of the World Federation of Neurological Rehabilitation.  Notably, he was the first doctor in the United Kingdom to be granted the ability to issue a medical prescription for cannabis to a child with an ailment.

#5 The Best Playbook In The Game 

The sale of Scythian Biosciences Corp. (SCYB.VSCCYF) LATAM and Jamaican assets for $193 million is company making news – but it’s not the end of the story. Management is already planning the proceeds for new acquisitions.

Scythian just announced it granted to Aphria a right to purchase up to 90% of the issued and outstanding common shares of an entity in Brazil which Scythian is currently seeking to acquire at terms to be agreed. The playbook in Brazil looks identical to ArgentinaJamaica and Colombia.

The divestiture of Scythian’s LATAM assets clearly demonstrates its ability to identify, acquire and flip profitable projects – and LATAM was accomplished all within a six-month timeframe. For this reason, Scythian has proven it can profit from a new global industry.

Internet of Things (IoT) Billion Dollar Market Growth Emerging as Formidable Powerhouse in Tech Sector

Technology

One of the most valuable aspects of the emerging multi-billion dollar Internet of Things (IoT) industry is the ability to seamlessly share information, including mobile file sharing. IoT is evolving to be at the core of digital transformation. The IoT industry has turned into a formidable powerhouse, generating over $273 billion in 2017 in spending, according to Statista. IoT gained significant momentum in the enterprise. In 2017, it is clear there is no turning back. Businesses are laser-focused on IoT as an enabler of sustainability, safety and economic growth. Businesses in a variety of sectors and consumers alike are leveraging advancing IoT platforms to manage information at an increased level of convenience. Active tech companies in the markets this week include Gopher Protocol Inc. (OTC:GOPH), Qualcomm Incorporated (NASDAQ:QCOM), Zebra Technologies Corporation (NASDAQ:ZBRA), NXT-ID, Inc. (NASDAQ:NXTD), Check Point® Software Technologies Ltd. (NASDAQ:CHKP).

Gopher Protocol Inc. (OTCQB:GOPH) BREAKING NEWS: Gopher Protocol, a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, is preparing to file mobile database patent to work in conjunction with the Guardian Patch patent. Through the planned filing of this patent application, Gopher is seeking to protect a portion of intellectual property essential to mobile database management system.

Gopher’s devices, including the Patch, are intended to communicate with each other through Gopher gNET private, secured communication protocol. It is intended that gNET protocol devices will be able to share/exchange vast amount of data in a proprietary method. In addition, information database objects are transferred and stored between the devices through this method developed by Gopher. It is also intended that this innovative database management system will also add another significant layer of cyber security to Gopher’s network with the goal of eliminating possible hacking into the network.

“In order to appropriately implement our products, our data must be carefully secured and protected within our network protocol. This is one of our top priorities” said Mansour Khatib, Gopher’s CMO.

“In addition, as we intend to transfer a significant amount of information over our network, we developed an advanced dataset sharing system. Within the next few weeks we will be filing a patent to protect our database information sharing and management. The system manages databases of all types including media, textual, graphical and secured communication information. The system works with our proprietary integrated circuit (IC) within mobile devices. Read this and more news for GOPH at http://www.marketnewsupdates.com/news/goph.html 

Hyundai Hope On Wheels Presents Yale Cancer Center at Smilow Cancer Hospital With $100,000 Hyundai Impact Award To Support Pediatric Cancer Research

Health

Hyundai Hope On Wheels® 501(c)(3) nonprofit organization celebrates its 20th year in the fight funding pediatric cancer research and will present Dr. Shilpa Hattangadi of Yale Cancer Center at Smilow Cancer Hospital with a $100,000 Hyundai Impact Award. This institution is one of 21 recipients of this year’s award, which is given to pediatric oncology departments at select children’s hospitals nationwide. The $100,000 Hyundai Impact Award will be officially presented to Dr. Hattangadi and Yale Cancer Center at Smilow Cancer Hospital on Wednesday, July 25th at 10:00 a.m.

In 2018, Hope On Wheels will award over $15 million toward pediatric cancer research and programs. This brings the organization’s donation total to $145 million since Hyundai joined the fight against pediatric cancer 20 years ago in 1998. With this latest grant, Yale School of Medicine has received more than $1,000,000 from Hope On Wheels.

“Throughout the country, talented doctors are working tirelessly to help kids fight cancer by conducting research or providing bedside care,” said Scott Fink, chairman, Hyundai Hope On Wheels Board of Directors. “Our goal at Hope On Wheels is to provide these doctors with the grant funds they need to perform their lifesaving work.”

During the event, children being treated at Yale Cancer Center’s who are battling cancer will participate in the program’s signature Handprint Ceremony, in which they’ll dip their hands in paint and place their handprints on a white canvas. Their colorful handprints on the canvas will represent their individual and collective journeys, hopes and dreams.

For more information about Hyundai Hope On Wheels and to view a complete list of this year’s grant winners, please visit HyundaiHopeOnWheels.org/research. Follow us on Facebook, Twitter or Instagram at facebook.com/HyundaiHopeOnWheels, twitter.com/HopeOnWheels or instagram.com/HyundaiHopeOnWheels.

MovieCoin Partners with TV-TWO to Optimize Film and Entertainment Advertising

Business, Movies

MovieCoin, a leading next-generation financial technology company that is leveraging blockchain technology and cryptographic tokens to revolutionize entertainment industry financing and transactions, today announced that it has entered a partnership with TV-TWO, a blockchain-based content discovery channel that is adapting the Ethereum blockchain for tokenized video entertainment consumption.

As part of the agreement, films that are financed via MovieCoin and its Smart Fund will be considered for advertisement on TV-TWO’s platform. By automating the resource-intensive manual process of distributing content to highly-targeted audiences for maximum return on investment, MovieCoin and TV-TWO are making marketing cycle control more efficient and effective for all film financing stakeholders. TV-TWO recently partnered with 20th Century Fox of Germany ahead of the latter’s release of Deadpool 2, playing trailers and behind-the-scenes clips as commercials for TV-TWO users in order to boost movie ticket sales and digital downloads.

“The addition of TV-TWO to MovieCoin’s extended ecosystem reinforces our goal to bring improved time and cost efficiencies to entertainment industry stakeholders who drive the production and distribution of motion pictures and other media,” said Christopher Woodrow, MovieCoin Chairman and CEO. “By working together, we will not only refine legacy marketing, personalize audience engagement and help entertainment investors recoup more capital from their investments, we will also improve the liquidity of entertainment assets at fair-value.”

TV-TWO is a tokenized video entertainment platform, content discovery channel and app for Smart TVs that is available globally in the LG App Store. Currently undergoing a token sale that ends on July 24, the start-up organization has already sold $8 million worth of proprietary utility tokens for the platform. Using blockchain technology, TV-TWO helps advertisers overcome the traditional lack of transparency that conflates ad spend by facilitating measurable interactions between users, content providers and advertisers. TV-TWO also employs a supervised learning algorithm that curates relevant content for each consumer based on their established interests, which helps advertisers to reach their target audience more effectively.

In return for watching sponsored videos and sharing anonymous data with brands using TV-TWO’s platform, advertisers reward viewers with a specific utility token, known as Token for Television (TTV). Content providers also receive tokens and consumer insights from users in exchange for providing premium video content. Since the number of tokens is fixed, each TTV issued represents the right to show sponsored messages to a defined percentage of the consumers watching television via TV-TWO. As the number of TV-TWO users grows, the inherent utility of each token increases.

“TV-TWO and MovieCoin share the common vision of a streamlined, efficient and personalized entertainment industry that is based on the power of blockchain technology,” said Philipp Schulz, TV-TWO Co-Founder. “As motion pictures financed via the MovieCoin platform become a reality, our ability to direct advertisements towards select users through our behavioral and interest-based targeting capabilities will ensure that marketing budgets are spent efficiently. In return, viewers can enjoy a customized and less disruptive television-viewing experience.”

MovieCoin is establishing the MovieCoin Smart Fund and intends to sell $250 million worth of MSF Tokens. These tokens will finance 8 to 10 widely-released theatrical films on an annual basis during the term of the Fund. The Fund intends to own all rights to the films it finances and to build a valuable content library to benefit MSF Token holders.

Honeywell Technology to Help Indian Oil Corporation Meet New Clean Fuels Specifications

Technology, World

Honeywell (NYSE: HON)announced today that the Indian Oil Corporation Ltd. (IOCL) has chosen Honeywell UOP’s Pressure Swing Adsorption (PSA) technology to supply high-quality hydrogen at five of its refineries. Hydrogen is essential to the refining process, where it is used to decontaminate oil and facilitate catalytic processes that produce clean-burning fuels, including those that meet the Indian government’s strict Bharat Stage VI (BS-VI) environmental standards.

Under the terms of the agreement, Honeywell UOP will provide new PSA units to IOCL refineries at Gujarat, Panipat, and Mathura, and will upgrade existing hydrogen plants with UOP’s Polybed™ PSA technology at refineries in Haldia, Guwahati and Gujarat. Together, the six projects will generate 166,000 tons per year of new hydrogen capacity, representing an almost 30 percent increase for IOCL.

“Honeywell UOP’s hydrogen technology is part of IOCL’s efforts to produce BS-VI fuels before the end of 2019,” said Mike Banach, regional general manager for Honeywell UOP India. “This is a project of national importance to help India reduce pollution and improve its quality of life.”

IOCL chose Honeywell UOP technology due to its performance, superior economics and ability to meet an aggressive delivery schedule driven by India’s BS-VI emissions standards. UOP PSA technology features new UOP adsorbents that recover high levels of hydrogen. The project includes a substantial amount of Indian-made components and domestic fabrication, in line with the government’s “Make in India” program.

When the project is completed, the additional hydrogen produced each year will have a value to IOCL of about US$400 million.

“Hydrogen is as essential to refining as oil, and it’s generated on-purpose and as a byproduct of refining processes,” Banach said. “The PSA technology recovers and purifies this hydrogen so it can be used elsewhere in the refinery to remove impurities and to perform catalytic processes that transform crude oil into clean fuels and other products.”

Indian Oil Corporation Ltd., together with its subsidiaries, has interests across the entire hydrocarbon value-chain, including refining, pipeline transportation, marketing of petroleum products, exploration and production of crude oil, natural gas, and petrochemicals. The company was founded in 1959 and is based in New Delhi, India.

Honeywell UOP (www.uop.com) is a leading international supplier and licensor of process technology, catalysts, adsorbents, equipment, and consulting services to the petroleum refining, petrochemical, and gas processing industries. Honeywell UOP is part of Honeywell’s Performance Materials and Technologies strategic business group, which also includes Honeywell Process Solutions (www.honeywellprocess.com), a pioneer in automation control, instrumentation and services for the oil and gas, refining, petrochemical, chemical and other industries.

Honeywell (www.honeywell.com) is a Fortune 100 software-industrial company that delivers industry specific solutions that include aerospace and automotive products and services; control technologies for buildings, homes, and industry; and performance materials globally.  Our technologies help everything from aircraft, cars, homes and buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable.  For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

Philanthropists Step Up With $109 Million For Alzheimer’s Research

Health

Philanthropists across the USA answered the call to accelerate the pace of Alzheimer’s research by giving an unprecedented $109 million to the Alzheimer’s Association for research, it was announced today at the Alzheimer’s Association International Conference® (AAIC®) 2018 in Chicago. Private philanthropy has enabled the Association to increase the pace of innovative research funding commitments to $160 million for more than 400 best-in-field projects in 21 countries.

“The only way we will achieve the national goal of effectively treating and preventing Alzheimer’s disease by 2025 is through research, and that is why we have led the charge to increase both public and private funding of Alzheimer’s research,” said Alzheimer’s Association President and CEO Harry Johns. “Research funding is the fuel for discovery and has changed the trajectory of heart disease, HIV and many cancers, and we are confident that this funding will do the same for Alzheimer’s disease. The Alzheimer’s Association is leading the way to ensure that the robust research pipeline has the money needed to make critical discoveries that will lead us to fulfill the national goal.”

Since 2014, nearly 140 donors, including individuals, corporations and organizations, made gifts ranging from $100,000 to $5 million for research to the Alzheimer’s Association via its philanthropic initiative Step Up the Pace: Accelerating Alzheimer’s Research.

Dick Kipper of Woody Creek, Colorado, and John Beuerlein of Clayton, Missouri, served as co-chairs of the Step Up the Pace’s first phase. “I have been active in this cause for more than two decades, and the level of enthusiasm and commitment over the past four years has been unprecedented. Donors are eager to partner with the Alzheimer’s Association because of the strategic focus of the organization to accelerate research and fund new opportunities quickly in order to fuel the discovery this cause so desperately needs,” Kipper said.

The Alzheimer’s Association is the largest nonprofit funder of Alzheimer’s disease research in the world. It is also the nonprofit with the highest impact in Alzheimer’s disease research worldwide, with its impact exceeded only by that of the U.S. and Chinese governments, according to data compiled by Thomson Reuters InCites. By increasing private philanthropy, the Association has doubled its annual funding of research projects, advancing discovery science, early detection and diagnosis, treatment and prevention.

Through Step Up the Pace, private philanthropy has enabled, expanded and enhanced 10 large-scale research projects. These include clinical trials of an innovative “drug cocktail” to treat Alzheimer’s and drug trials designed to prevent dementia symptoms before they occur.  Funded studies also include hundreds of smaller-scale investigations vetted by an international network of 6,000 dementia scientists.

The announcement comes within weeks of the U.S. Senate and House Appropriations Committees’ approval of a more than $400 million increase for Alzheimer’s and dementia research funding at the National Institutes of Health (NIH), which Alzheimer’s Association advocates have been calling for. If signed into law, this will mark the fourth consecutive year of historic increases and bring total federal funding of Alzheimer’s research to $2.3 billion annually.

“The dramatic expansion in government funding requires an equally dramatic increase in projects to feed the pipeline,” John Beuerlein added. “The Alzheimer’s Association has an unparalleled track record for identifying and funding high-potential studies early to ensure that the pipeline is wide-ranging and scientists are enthusiastic to join this field of research.”

The results of the Association’s funding efforts have also led to the Alzheimer’s Association-led U.S. POINTER study. U.S. POINTER is a two-year clinical trial to evaluate whether lifestyle interventions that simultaneously target multiple risk factors protect cognitive function in older adults (age 60-79) at increased risk for cognitive decline. It is the first such study to be conducted in a large group of Americans.

“It’s estimated that more than one-third of global dementia cases may be preventable by addressing lifestyle factors,” said Maria Carrillo, Ph.D., chief science officer at the Alzheimer’s Association. “Heart disease and some cancers can now be effectively treated and prevented with a combination of medical and behavioral management. It’s time to see if we can see the same benefits for Alzheimer’s and other dementias.”

KWAN SOUTH AIMS TO HERALD A NEW ERA FOR THE ENTERTAINMENT ECOSYSTEM OF SOUTH INDIA

Business, Movies

A year back, India’s leading entertainment marketplace-KWAN ENTERTAINMENT entered into a JV with South India’s largest production powerhouses Suresh Productions- heralded by Rana Daggubati introducing a specialized division- KWAN South.  Fast forward to a year, the entity has facilitated record making collaborations, set up profitable entertainment divisions and signed up leading talent to name a few accomplishments.

Leading names onboard like Venkatesh, Mahesh Babu, Regina Cassandra, Huma Qureshi to name a few, showcases a healthy mix of stalwarts and promising talent with a strong sense of conviction in Kwan South’s vision. KWAN South has taken a holistic approach in talent representations and focuses on building profiles rather than managing basic logistics and dates. It is a one stop shop for all stakeholders- from actors, directors, producers, writers to technicians.

Chennai will now be home to Kwan South’s second office and being the second largest South Indian Film Hub will is an apt choice for spreading out the second phase of operations for the division. Kwan South’s presence in two major film hubs of southern India – Hyderabad (Telugu) and Chennai (Tamil) gives them ease of access to major entertainment players.

Set up at its headquarters as a studio style agency, the entity is a close knit 20 member strong operating pivotal yet separate standalone profitable divisions; namely Talent Management and Casting, Live Performances & Appearances, Content and Packaging, Production Support- TV and Commercials, Brand Associations- Endorsements, Digital and Film Partnerships.

Actor, Businessman and Partner- KWAN South, Rana Daggubati (SP) added, “With KWAN South, we are acting as catalysts in the industry’s transformation while giving long due credit to our massive industry on the national platform and serving best interests of audiences with ace content and products”

Himank Duvvuru, Head- KWAN South stated, “The south film industry has a lot of talent and an incredible craft. However, streamlining operations is the need of the hour. With KWAN we have already earned the confidence of the top stakeholders in the industry and hope to bring out the craft in its purest forms for the audience, who deserve it. This Industry is on the cusp of change and we are confident of being deft pioneers in this scenario”

Despite its huge scale, popularity and productions it dishes out, the South Indian Film Industry is commonly still looked upon as a regional player and often denied credit as a national player. A major flaw lies in the industry’s fraternized, kin-based nature of operations.  Through KWAN South, the aim is to change the nature of processes, make it a collaborative system and realize its immense potential in terms of scale and value as an entertainment industry.