Day: October 26, 2023

San Francisco , Oct. 26, 2023 (GLOBE NEWSWIRE) — LambdaTest, a  leading cloud-based unified testing platform announces a strategic partnership with QBS Software, a leading global software distributor. This collaboration aims to provide enhanced testing solutions to meet the evolving needs of software development and quality assurance teams.

Companies often grapple with challenges like diverse tech stacks, fast release cycles, multiple devices and browsers to test on, and resource constraints when adopting comprehensive testing solutions. Overcoming these challenges requires strategic planning and the right testing solution for ensuring software quality and reliability in a dynamic environment

This collaboration between QBS Software and LambdaTest shows the commitment to offering their customers comprehensive testing capabilities. QBS Software will be able to provide its clients exclusive access to a wide range of real browsers, devices, and operating systems thanks to LambdaTest’s cloud-based testing infrastructure. The process of running efficient and reliable tests is significantly streamlined by LambdaTest’s cloud-based testing infrastructure. Due to LambdaTest’s cloud-based testing infrastructure, this collaboration demonstrates QBS Software’s dedication to offering its clients a complete testing solution. This infrastructure aids in making testing simpler and more effective, enabling more accuracy and precision.

Maneesh Sharma, COO at LambdaTest, said “We are more than excited to partner with QBS Software to jointly help customers transform their digital and software engineering efforts with the LambdaTest platform. QBS Software is a trusted partner for customers across the UK & Europe and this partnership will take the combined value of our offerings to drive innovation in the market.”

“This strategic partnership with LambdaTest aligns with our commitment to empower software engineers and to do that they need access to cutting-edge solutions.,” said Dave Stevinson, CEO of QBS. “By integrating LambdaTest into our portfolio, we will enhance the testing capabilities of our customers, ensuring the reliability and quality of their software tooling.”

Through this partnership, both QBS Software and LambdaTest look forward to supporting businesses in optimizing their software testing processes, improving overall product quality, and fostering innovation within the software development industry.

About LambdaTest

LambdaTest is an intelligent and omnichannel enterprise execution environment that helps businesses drastically reduce time to market through Just in Time Test Orchestration (JITTO),  ensuring quality releases and accelerated digital transformation. Over 10,000+ enterprise customers and 2+ million users across 130+ countries rely on LambdaTest for their testing needs.

● Browser & App Testing Cloud allows users to run both manual and automated tests of web and mobile apps across 3000+ different browsers, real devices, and operating system environments.

● HyperExecute helps customers run and orchestrate test grids in the cloud for any framework and programming language at blazing-fast speeds to cut down on quality test time, helping developers build software faster.

For more information, please visit, https://lambdatest.com

 

About QBS Software

QBS’ mission is to enable publishers and customers to optimize their procurement process and create value for all stakeholders, sustainably. Benefit from great service, competitive prices, and product expertise.

By investing in its people, processes, and technology QBS delivers the leading enterprise software procurement platform in Europe. Passionate, empowered and dependable are just a few words that describe the diverse and experienced QBS team.

As the only single-source procurement platform for 10,000 software publishers – with market-leading service levels – QBS ensures increased procurement efficiencies, reduced costs and more successful deals.

QBS Software Ltd is part of QBS Technology Group.

Website: qbssoftware.com/contact

For more details, contact LambdaTest press office at press@lambdatest.com and QBS at sales@qbssoftware.com

GlobeNewswire Distribution ID 8966724

• Highly successful inaugural CHF senior bonds priced earlier today
• Two tranches of CHF 400 million and CHF 350 million with maturities of 3 and 8 years, carrying 2.125% and 2.600% fixed coupons, respectively
• Proceeds to partially repay bridge loan facility and for general corporate purposes

Basel, October 26, 2023 – Sandoz, the global leader in generic and biosimilar medicines, today announced the issuance of two highly successful inaugural CHF bonds with gross proceeds of CHF 750 million.

This debut transaction was driven by overwhelming investor demand and marks a solid entry for Sandoz as a borrower in debt capital markets.

Colin Bond, Sandoz CFO said: “The inaugural bonds are a milestone in our financial strategy as an independent company and establish Sandoz as a new issuer in the CHF bond market.”

The bonds carry 2.125% and 2.600% fixed coupons with tenors of 3 and 8 years, maturing on 17.11.2026 and 17.11.2031, respectively.

The proceeds will be used for partial repayment of a bridging loan and general corporate purposes.

Sandoz continues to target a net debt to core EBITDA ratio of 1.7 to 2.0 times and to maintain its solid investment grade rating.

Sandoz is rated Baa2 (stable outlook) by Moody’s and BBB (stable outlook) by S&P, and both agencies are expected to rate the bonds with ratings of Baa2 and BBB, respectively.

The transaction was led by BNP Paribas and UBS as Joint Lead Managers; Advestra supported Sandoz as legal advisor on the transaction.

Disclaimer
This Media Release contains forward-looking statements, which offer no guarantee with regard to future performance. These statements are made on the basis of management’s views and assumptions regarding future events and business performance at the time the statements are made. They are subject to risks and uncertainties including, but not confined to, future global economic conditions, exchange rates, legal provisions, market conditions, activities by competitors and other factors outside of the control of Sandoz. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. Each forward-looking statement speaks only as of the date of the particular statement, and Sandoz undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law.
The distribution of this Media Release may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with applicable securities laws in such jurisdiction may constitute a violation of the securities laws of such jurisdiction.
This Media Release does not constitute or form part of an offer to sell securities of Sandoz Group AG or the solicitation of any offer to subscribe for or otherwise buy securities of Sandoz Group AG, to any person in Australia, Canada, Japan or the United States, or in any jurisdiction to whom or in which offer or solicitation is unlawful.

About Sandoz
Sandoz (SIX: SDZ; OTCQX: SDZNY) is the global leader in generic and biosimilar medicines, with a growth strategy driven by its Purpose: pioneering access for patients. 22,000 people of more than 100 nationalities work together to bring Sandoz medicines to some 500 million patients worldwide, generating substantial global healthcare savings and an even larger total social impact. Its leading portfolio of more than 1500 products addresses diseases from the common cold to cancer. Headquartered in Basel, Switzerland, Sandoz traces its heritage back to the year 1886. Its history of breakthroughs includes Calcium Sandoz in 1929, the world’s first oral penicillin in 1951, and the world’s first biosimilar in 2006. In 2022, Sandoz achieved sales of USD 9.1 billion and core EBITDA of USD 1.9 billion.

Global Media Relations contacts	Investor Relations contacts
Global.MediaRelations@sandoz.com	Investor.Relations@sandoz.com
Joerg E. Allgaeuer +49 171 838 4838	Karen M. King +1 609 722 0982
Chris Lewis +49 174 244 9501	Laurent de Weck +41 79 795 7364

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• Global CHF bond issuance Oct 2023 final

GlobeNewswire Distribution ID 1000886163

Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund I (CI ETF I), the largest dedicated clean hydrogen fund globally, and Tenaska further strengthen their relationship by entering into an agreement to ramp up development of gigawatt-scale green hydrogen projects in the U.S.

NEW YORK and OMAHA, Neb. and COPENHAGEN, Denmark, Oct. 26, 2023 (GLOBE NEWSWIRE) — As part of the agreement, Tenaska and CIP will develop greenfield gigawatt-scale green hydrogen projects, with the intent of serving local and global demand for green hydrogen, ammonia, methanol, sustainable aviation fuel and other clean fuels in key U.S. hydrogen markets.

The agreement will support the targets of the U.S. Department of Energy’s National Clean Hydrogen Strategy and Roadmap of reaching a production of 10 million metric tonnes (MMT) of clean hydrogen annually by 2030, 20 MMT annually by 2040, and 50 MMT annually by 2050.

Partner at CIP, Søren Toftgaard, said: “Green hydrogen and Power-to-X will be key to take the next big leap within decarbonization, and CI ETF I, as managed by CIP, is uniquely positioned to invest in this segment. Working with Tenaska, a strong counterparty with significant experience within energy management and project development, will significantly ramp up CI ETF I’s green hydrogen and renewable development capabilities in the U.S and will add to our strong global portfolio of Power-to-X projects.”

Joel Link, president of Tenaska Development, said: “Green hydrogen presents exciting opportunities for the energy, transportation and agricultural sectors, among others, to meet climate and decarbonization goals. Tenaska looks forward to working with local and international consumers of hydrogen to create the right solutions for their clean energy needs and collaborating with CIP to deliver such hydrogen solutions and advance significant infrastructure projects throughout the U.S.”

About Copenhagen Infrastructure Partners
Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focuses on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.

CIP manages 11 funds and has to date raised approximately EUR 25 billion for investments in energy and associated infrastructure from more than 150 international institutional investors. CIP has approximately 400 employees and 12 offices around the world, including CIP’s North American headquarters located in New York City. For more information, visit www.cip.com

About Tenaska
Consistently ranked among Forbes List of America’s Largest Private Companies, Tenaska is a leading energy company with business operations across the energy value chain. Tenaska Marketing Ventures (TMV) and Tenaska Power Services Co. (TPS) are among the largest natural gas and electric power marketing companies in North America. In addition to green hydrogen, Tenaska is developing a portfolio of carbon sequestration projects capable of storing 50 MMT of CO2 per year, and its development services portfolios include more than 27,000 MW of solar, wind and energy storage projects. For more information, visit www.tenaska.com.

For further information, please contact:

E-mail: media@cip.com

Thomas Kønig, Partner – Investor Relations
Phone: +45 7070 5151, Email: tkon@cip.dk

GlobeNewswire Distribution ID 1000886072

NAPLES, Italy, Oct. 26, 2023 (GLOBE NEWSWIRE) — The aim of the Women Value Company Intesa Sanpaolo award, organised by the banking group in collaboration with the Marisa Bellisario Foundation, is to promote female entrepreneurship and companies that invest in gender equality and corporate welfare. Yesterday morning, October 25, at the Gallerie d’Italia on Via Toledo in Naples, the second concluding event of the award was held, dedicated to companies from the Central-Southern regions of Italy: Lazio, Abruzzo, Campania, Basilicata, Puglia, Calabria, and Sicily. Speakers at the event included Lella Golfo, President of the Marisa Bellisario Foundation, Virginia Borla, Head of Business Governance at Intesa Sanpaolo’s Banca dei Territori division, and Anna Roscio, Head of Corporate Sales & Marketing at Intesa Sanpaolo; the Intesa Sanpaolo Studies and Research Division also gave a speech.

This initiative, now in its seventh edition, is recognised as a special category of the Marisa Bellisario Award. This year, over 1,200 nominations were received from all over Italy, and two winners of the national Women Value Company Intesa Sanpaolo Golden Apple Award were selected from among them. In addition, companies were selected for special mentions in the categories of ‘Women Innovators’, ‘Women in International Markets’, and ‘Women in Social Initiatives’.

This year, the Women Value Company Intesa Sanpaolo award has seen the highest number of participants since its launch, reflecting a growing awareness of the topics of inclusion and the promotion of female entrepreneurship. For this reason, Intesa Sanpaolo and the Marisa Bellisario Foundation organised three meetings with all 100 winning companies. These meetings aimed to celebrate some of the companies with special mentions in line with the National Recovery and Resilience Plan’s objectives and examples of excellence in inclusive corporate culture, offering insights into the challenges of business strategies and measures to promote female entrepreneurship.

During the event in Naples, an analysis from Intesa Sanpaolo’s Studies and Research Division was presented, revealing that Italy has the lowest female labour force participation rate among European countries, at 56.4%, a 13-point difference compared to the European average. The research states: this result “is primarily due to the delays in the southern regions. If Italy aligned with the European average of female labour force participation, it would mean an increase of 2.4 million workers, with positive effects on GDP growth.”

The next regional meeting for the Women Value Company Intesa Sanpaolo award will take place in Milan on November 22 and will be dedicated to the 38 selected companies from Northern Italy.

For more information:

Press Office LaPresse – ufficio.stampa@lapresse.it

A video accompanying this announcement is available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/16956b1d-5fb9-47dd-b5af-1e3cbde58ccd

GlobeNewswire Distribution ID 8966703

RIYADH, Saudi Arabia, Oct. 26, 2023 (GLOBE NEWSWIRE) — At the 2023 Global Health Exhibition in Riyadh, King Faisal Specialist Hospital and Research Centre (KFSH&RC) is presenting its advanced approach to elevating the patient treatment journey. By harnessing state-of-the-art digital healthcare solutions, the hospital has showcased the role of such tools in enhancing healthcare outcomes and operational efficiency across diverse medical domains.

KFSH&RC has achieved substantial advancements in streamlining the patient admission process through the ‘Ehalat’ service. This automated platform simplifies medical referrals and fosters collaboration with both public and private healthcare entities. Additionally, it empowers users to submit medical reports, compile personal data, and access their medical history—all within a unified service, eliminating the necessity for in-person visits to the hospital. This not only simplifies the evaluation of a patient’s condition and treatment eligibility but also provides real-time tracking and updates on applications.

Patients can now track their treatment progress remotely through “Altakhassusi” mobile application, providing them with secure access to their medical records. The app allows patients to view radiology and medical lab test results, easily schedule appointments, attend virtual follow-up sessions with their physicians, and even assess the effectiveness of their treatment. Moreover, it enhances the process of prescription refills, medical supplies, and nutritional needs, making communication with the medical team and the hospital effortless.

KFSH&RC is dedicated to providing a high-quality treatment experience with automation at every stage. This approach saves time and effort for patients, and it improves medical decision-making through cutting-edge methods and care models that leverage the rapid advancements in digital health innovations. These capabilities enable seamless integration of various medical technologies, consolidating clinical results, documents, and medical data. This ranges from surgical notes to post-operative care, ensuring a smooth flow of information, boosting care efficiency, and customizing it to meet each patient’s unique needs.

KFSH&RC is globally recognized for its exceptional specialized healthcare services and groundbreaking innovations. It stands as an advanced hub for medical research and education, committed to advancing medical technologies and raising the standard of healthcare on a global scale. Through collaborations with prominent local, regional, and international institutions, it aspires to deliver world-class services in clinical care, research, and education.

The Global Health Exhibition, featuring the participation of 250 exhibitors from 15 countries, stands as the premier healthcare gathering in the Middle East. It serves as a platform for collaboration among Saudi and global healthcare communities, including regional and international manufacturers and suppliers. This year’s summit, operating under the theme ‘Investing in Health,’ promises to be a pivotal event shaping the future of healthcare.

Contact information:
kfshrc@mcsaatchi.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2825a442-d3e8-4c08-aa98-61fb48e4fe5e

GlobeNewswire Distribution ID 8966676

• A network that is transforming private air travel with four core pillars: Choice, Innovation, Service, and Community;
• Choice: Private flyers have access to over 2,400 safety-vetted private jets reaching more than 1,900 private airport terminals worldwide;
• Innovation: Built on advanced technology, providing real-time and transparent pricing, ensuring clients get the best value for their journey. Instantly bookable private jets, with just a tap of a mobile device, saving private aviation flyers an average of 72 hours;
• Service: A remarkable 95.5% on-time departure rate when flying on the Vista Members fleet;
• Community: XO elevates artists, entrepreneurs, and philanthropists, shaping tomorrow’s future with every flight.

New York October 26, 2023: XO has infused data science and product discipline into an industry traditionally bound by legacy methods to offer unprecedented levels of choice, innovation, benefits, and community in the private aviation sector. XO announces the ascension of its propriety network to stand for what’s possible in the new era of air mobility, setting new benchmarks for client satisfaction and operational effectiveness.

Lynn Fischer, Chief Marketing Officer at XO said: “XO has assembled a team and developed an approach deeply committed to transforming private aviation and air mobility. XO is not merely adapting to the future of private aviation; it’s shaping it. With a relentless focus on the needs of its discerning clientele, XO has evolved into the ultimate destination for those who want to fly private, at the best value, anytime and anywhere, instantly.”

The company’s commitment is underpinned by four core foundational pillars: Choice, Innovation, Service, and Community.

Choice

With clients having flown to 187 countries and 1,900 airports, covering 96% of the world, XO provides the ultimate freedom — choice, giving access to more than 2,400 private jets, from light jets to large cabin aircraft. As part of Vista, the world’s leading global private aviation group and the first private aviation ecosystem, XO clients also have access to the Vista Members’ fleet — recognized for its iconic design – of over 360 midsize, super-midsize, long-range, and ultra-long aircraft ranges and classes, including Gulfstream and the world’s largest fleet of Bombardier Global 7500s.

All operators in the XO network are held to a rigorous recurring safety audit so clients choose the aircraft best suited for their mission with peace of mind. The XO network delivers unmatched availability, through choice, from anywhere in the world at any time.

Innovation

Through the integration of augmented intelligence, XO delivers unprecedented efficiency, convenience, and customization to the private aviation sector. XO navigates multifaceted air transportation operations in a largely unscheduled private aviation environment; its network can deliver complex trip coordination from diverse private terminals with bespoke aircraft, crew, catering, and ground transportation arrangements.

Built on advanced technology providing real-time and transparent pricing, XO clients get the best value for their journey. They can instantly book a private jet with just a tap of a mobile device, saving flyers an average of 72 hours.

Service

While XO is at the forefront of private aviation innovation through its technology, its boutique-style service is made possible through its team of dedicated Aviation Advisors and Client Service individuals who are available to clients, day and night, ensuring a level of personalization that goes beyond the ordinary. Clients are engaged by accessing a personal XO Advisor who understands each client’s preferences and can provide tailored guidance and recommendations.

Support teams across Vista have increased 40% year-over-year, resulting in improved delivery and controllable on-time departures, averaging 95.5% this year. Clients flying on the Vista Members’ fleet can count on a dedicated team on standby and an on-time departure, ensuring a seamless journey.

Community

XO understands that a true network goes beyond technology and convenience, it’s about people coming together. The XO community is a dynamic and diverse group — from artists to entrepreneurs to philanthropists — all individuals who share a common love for exceptional private travel experiences. Inclusive of both experienced private flyers and newcomers to private aviation, our community comes together in a mutual pursuit of excellence, celebrating the unique and extraordinary in all of us.

With every flight XO connects visionaries, shaping tomorrow’s future, to help them make an impact in the world.

Information

XO | press@flyxo.com

ABOUT XO

XO is revolutionizing the private aviation industry by combining data intelligence with distinct, elevated service to allow you to reach anywhere in the world, anytime, just by reaching for a mobile device.

XO has built an open future for private aviation with more transparency, efficiency, and accessibility than ever before. Members and clients have access to the Vista Members’ fleet of over 360+ aircraft and the safety-vetted XO alliance fleet of 2,100+ private aircraft, covering the full spectrum of cabin classes. Flyers can book an entire aircraft or individual seats through the XO mobile app, website, or an XO aviation advisor.

XO is part of Vista — the world’s first private aviation ecosystem, integrating a unique portfolio of companies offering asset free solutions to cover all key aspects of business aviation.

More XO information and news at www.flyxo.com

XO Global LLC is not a direct air carrier and does not operate any aircraft. All flights will be operated by properly licensed U.S. or foreign air carriers. All services are subject to the terms and conditions available at flyxo.com/legal. Fla. Seller of Travel Ref. No. ST42114.

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• XO

GlobeNewswire Distribution ID 1000885961