U.S. Polo Assn. Launches Spring 2022 Collection

Iconic, Sport-Inspired Brand Celebrates Spring with Sun-Washed Pastels, Florals, and Tropical Prints

U.S. Polo Assn.

U.S. Polo Assn.

WEST PALM BEACH, Fla., March 03, 2022 (GLOBE NEWSWIRE) — U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has launched its iconic, sport-inspired Spring Collection for 2022. The brand’s global photoshoot took place across South Florida in trendy Miami Beach, The Biltmore Hotel in Coral Gables, and in iconic Palm Beach ─ all known for their luxurious, coastal scenery, lush, tropical feel, and bright, sunny skies.

U.S. Polo Assn.’s Spring 2022 Collection represents what is bright and new in the upcoming spring season. In this beautiful South Florida setting, sun-washed pastels were layered with textured linens and shot beside chic poolside cabanas, breezy palms, and white sand beaches. Escape the winter grays and sunbathe in the Spring Collection, filled with soft colors, leafy florals and tropical patterns. This collection offers casual comfort and a relaxed style to bring your wardrobe into a new season with ease. The Spring Collection is filled with looks that match your personal style and can be layered for the ever-changing spring weather. This season you will see subtle prints, fabrics with texture, color blocking, and softer fits to create an evolved classic style from U.S Polo Assn.

“In our Spring 2022 Collection, we take a fresh approach to wardrobe classics by using color as the catalyst for change,” says Brian Kaminer, SVP of Brand and Product for U.S. Polo Assn. “Always keeping comfort as much a priority as style, we have also used technical yarns and fabrics in creating products that work for busy lifestyles.”

U.S. Polo Assn. is known for its sport-inspired, classic American style, and each season the brand takes it to a new level with unique colors, styles, and fabrics. The Spring 2022 Collection is no different, as the vibrant and modern assortments offer wide variety, including some apparel with sustainable aspects.

“The U.S. Polo Assn. creative team was able to capture the inspiration behind the collection in the photoshoot at iconic locations in South Florida, like the historic Biltmore Hotel and the stylish sites around Palm Beach,” says J. Michael Prince, President and CEO of USPA Global Licensing, which manages the global, multi-billion-dollar U.S. Polo Assn. brand. “Every season, we evolve our products with innovation, production and style but always maintain our authentic connection to the sport of polo.”

About U.S. Polo Assn. and USPA Global Licensing Inc. (USPAGL)

U.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the nonprofit governing body for the sport of polo in the United States and one of the oldest sports governing bodies, having been founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through some 1,200 U.S. Polo Assn. retail stores, department stores, sporting goods channels, independent retailers and e-commerce, U.S. Polo Assn. offers apparel for men, women, and children, as well as accessories and footwear in 194 countries worldwide. Ranked the fifth largest sports licensor in License Global magazine’s 2020 list of “Top 150 Global Licensors,” U.S. Polo Assn. is named alongside such iconic sports brands as the National Football League, the National Basketball Association and Major League Baseball. Visit uspoloassnglobal.com.

USPA Global Licensing Inc. (USPAGL) is the for-profit subsidiary of the USPA and its exclusive worldwide licensor. USPAGL manages the global, multi-billion-dollar U.S. Polo Assn. brand and is the steward of the USPA’s intellectual properties, providing the sport with a long-term source of revenue. Through its subsidiary, Global Polo Entertainment (GPE), USPAGL also manages Global Polo TV, the world’s leading digital platform with polo and lifestyle content, and global television broadcasts on ESPN and beIN Sports. Learn more at globalpolo.com.

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Press Release Contact: 

Stacey Kovalsky – Senior Director, Global Communications

Phone +001.561.790.8036 – Email: skovalsky@uspagl.com

Kaela Drake – PR & Communications Coordinator

Phone +001.561.461.8596 – Email: kdrake@uspagl.com

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GA-ASI Introduces Gambit

New Autonomous Collaborative Platform Designed to Lead From Front

Featured Image for General Atomics Aeronautical Systems Inc.

Featured Image for General Atomics Aeronautical Systems Inc.

SAN DIEGO, March 03, 2022 (GLOBE NEWSWIRE) — General Atomics Aeronautical Systems, Inc. (GA-ASI), the world leader in unmanned aircraft and associated technologies, proudly announces its newest UAS platform: Gambit.

Like the chess opening move that inspires the name, Gambit is about initiative, leading from the front, using advanced sensing to grab the tactical advantage and open a world of possibilities.

Gambit is an Autonomous Collaborative Platform (ACP) designed through digital engineering to speed its time to market and lower acquisition cost, and it will deliver an extended and enhanced sensing capability. The jet-powered platform is being built for air dominance and will heavily leverage advances in artificial intelligence and autonomous systems. Working alongside human-piloted aircraft, Gambit will enable pilots to see deeper into hostile airspace, detect threats first, and provide time and space for critical decisions and actions.

“GA-ASI has led the way in integrating UAS into every aspect of military operations,” said GA-ASI President David R. Alexander. “Now, we’re once again pushing the boundaries of what’s possible with unmanned aircraft, software, mission systems integration, and more. Gambit will usher in a new era, where UAS work collaboratively with manned aircraft to detect, identify and target adversaries at range and scale across the battlespace.”

Designed as an advanced concept aircraft, Gambit will use AI and autonomy to complete a variety of tasks without being prompted by an operator. GA-ASI’s software and integration systems will support detection and analysis, and provide users with the highest-quality intelligence, surveillance, and reconnaissance ever possible from an unmanned aircraft. On point out ahead of U.S. Air Force tactical aircraft, Gambit will also be able to sense and track targets of interest and distribute that information across the battlespace.

“We’re designing systems to meet future requirements, to include working collaboratively and autonomously,” Alexander continued. “Gambit is part of a broader Family of Systems strategy that began with Predator and Reaper, and continues in support of USAF’s future force design concepts.”

About GA-ASI

General Atomics-Aeronautical Systems, Inc. (GA-ASI), an affiliate of General Atomics, is a leading designer and manufacturer of proven, reliable remotely piloted aircraft (RPA) systems, radars, and electro-optic and related mission systems, including the Predator® RPA series and the Lynx® Multi-mode Radar. With more than seven million flight hours, GA-ASI provides long-endurance, mission-capable aircraft with integrated sensor and data link systems required to deliver persistent flight that enables situational awareness and rapid strike. The company also produces a variety of ground control stations and sensor control/image analysis software, offers pilot training and support services, and develops meta-material antennas. For more information, visit www.ga-asi.com@GenAtomics_ASI on Twitter or LinkedIn.

Avenger, Lynx, Predator, SeaGuardian, and SkyGuardian are registered trademarks of General Atomics Aeronautical Systems, Inc. 

CONTACT:
GA-ASI Media Relations
General Atomics Aeronautical Systems, Inc.
+1 (858) 524-8101
ASI-MediaRelations@ga-asi.com

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Brunswick Expands Into Lithium Exploration With District Scale Land Package in Quebec

MONTREAL, March 03, 2022 (GLOBE NEWSWIRE) — Brunswick Exploration Inc. (“BRW” or the “Company”) is pleased to announce that it is launching a major, long-term, grassroots lithium exploration program in Quebec and the Maritime provinces, with initial staking of several prospective claim blocks throughout the Southern Abitibi region of Quebec. A total of 618 claims, separated into 12 blocks and totaling 35,440 hectares, were acquired and are collectively known as the Pontiac Lithium Project. The claims cover known pegmatite intrusions, which is the host rock to spodumene, the most common and commercially valuable hard-rock ore of lithium. All claim are located in the Pontiac geological province, south of the Cadillac-Larder Lake break, and are accessible by road from Rouyn-Noranda, Malartic or Val d’Or.

Mr. Killian Charles, President of BRW, commented: “This newly announced claims acquisition is the start of Brunswick Exploration’s push into grassroot exploration for critical metals such as lithium, nickel and tin, building on our recently announced tin portfolio in New Brunswick. Tin and lithium fundamentals are incredibly strong and were the best performing metals in 2021, and we do not expect demand nor spot price for these valuable commodities to drop any time soon.”

“Few companies are actively searching for new discoveries in the lithium space with most of the current exploration effort focused around historical deposits and showings. Leveraging our exploration expertise, we have been able to stake many areas with sound geology and favorable rock geochemistry, with no historical lithium exploration. We believe that there is excellent potential for discovery of new spodumene pegmatites in Eastern Canada, and are extremely excited to kick-off a very busy field season starting in Q2 2022. We have begun to outline multiple new, highly prospective lithium targets elsewhere in Quebec and further afield into the Maritime provinces.”

Lithium Market Fundamentals

The lithium market is rapidly growing as lithium-ion batteries, used predominantly in vehicle as well as small electronics, are creating demand that has already outstripped global supply. The sharp rise in demand is largely attributed to western governments pushing for decarbonization as they seek to transition their economies to sustainable energy sources.

In 2021, market consultant Adamas Intelligence estimated an increase of 89% year-over-year in electric vehicle (“EV”) purchases with no sign of market exhaustion. This significant demand increases in global EV has spurned massive investments from the auto industry to develop and advance the nascent market with planned investment in excess $200B in 2020 alone.

Importantly, the mining industry has been largely unable to meet current and expected demand. Lithium carbonate, the most common lithium battery component, has seen prices rising nearly ten-fold over the previous decade. Prices rose over 500% since 2020 and continue to trade near all-time highs.

Global lithium production is currently sourced from three separate deposit types:

  • Brines: Typically large-scale, continental saline deposits with low grades (less than 2000 ppm lithium). Brine lithium deposits accounts for the majority of global lithium carbonate production and resources. They are formed through the evaporation of ancient seas or existing salt-rich natural springs. The resulting salt flats are mined for the underground liquid brines. Globally, brines are concentrated in the “Lithium Triangle” of the Northern Andes located in Bolivia, Chile and Argentina. Processing lithium from brines is typically water-intensive which is a major limiting factor in the arid region. A subset of this deposit type includes lithium produced from geothermal sources with elevated lithium concentrations. This is currently a minor source of lithium globally.
  • Lithium Bearing Clays: Also large-scale and low grades (2000-6000 ppm lithium), but hosted by soft rocks (clays). This deposit type is currently the smallest source of lithium due to the need for open pit mining and more complex metallurgy. Major resource basins include Nevada with one mine currently active in North America.
  • Pegmatites: Smallest deposit type but grades are in the percentage range (usually 1-2% lithium), hence multiples higher than brines or clays. Pegmatites are mined for spodumene, a lithium-bearing mineral, from which a commercial concentrate is produced for processing. Other lithium minerals found in pegmatite, such as lithium mica (lepidolite), have little commercial value. Due to the lower levels of impurities and simple metallurgy relative to other deposit types, spodumene-bearing pegmatites were among the first sources of lithium and remain an important part of the market. The largest hard-rock lithium producer and highest grade mine in the world, the Greenbushes mine of Australia, is a lithium pegmatite. Brunswick Exploration will focus its exploration work on this deposit type.

Other significant lithium deposits include Rio Tinto’s Jadar deposit located in Serbia, a world-class lithium resource. The main ore mineral is known as jadarite, an unusual boron-lithium mineral. It is the only known deposit of its kind in the world and is not currently in production.

Qualified Person

The scientific and technical information contained in this press release has been reviewed and approved by Mr. Robert Wares, P. Geo, CEO and Chairman of Brunswick Exploration.

About Brunswick Exploration

The Company is a Montreal-based mineral exploration venture listed on the TSX-V under symbol BRW. The Company is focused on grassroot exploration for metals necessary to decarbonization and energy transition with a particular focus on lithium, tin, nickel and copper. The company is focused on rapidly advancing the most extensive grassroot lithium exploration claim package in Eastern Canada.

Investor Relations/information

Mr. Killian Charles, President (info@BRWexplo.com).

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

Cautionary Statement on Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; the other risks involved in the mineral exploration and development industry; and those risks set out in the Corporation’s public documents filed on SEDAR at www.sedar.com. Although the Corporation believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Corporation disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Zoho Takes on Current Low-Code Market Gaps with New Creator Platform to Empower Businesses to Easily Build, Deploy, Manage, and Analyze Custom Solutions

Bringing in the company’s 15 years of expertise in low code, the new unified development platform empowers both IT teams and business users to build sophisticated, modern, and compliant solutions, for a low-code experience that is secure, easy to use, and custom-fit to solve business challenges

Austin, Texas, March 03, 2022 (GLOBE NEWSWIRE) — Today, Zoho Corporation, a leading global technology company, announced the latest version of its low-code offering, Zoho Creator Platform, an all-in-one solution that bridges the gap between business users and IT teams by providing a low-code solution-building experience regardless of technical know-how. Organizations currently face soaring demand for new business software, but existing low-code platforms for business users only facilitate basic app building, lacking the sophistication needed to develop scalable, enterprise-ready end-to-end tools. Existing solutions in the market designed specifically for business users facilitate only basic app building, lacking the complexity needed to develop end-to-end tools, which allow organizations to scale and ensure centralized governance.

Addressing the needs of both business users and IT teams, Zoho Creator Platform supports all levels to build, manage, integrate, and analyze for a complete low-code experience, enabling 10X faster deployment than any other solution on the market. Democratizing access to low-code development tools allows IT and business users to work in tandem to create and deploy apps that are highly customized, while minimizing common interoperability, permissions, and governance challenges.

“Currently there isn’t a low-code solution on the market that allows both business users and IT to truly build end-to-end business solutions,” said Raju Vegesna, Chief Evangelist, Zoho Corporation. “With this update, Zoho’s Creator Platform combines application development, integrations, process automation, business intelligence and analytics into a single platform while simultaneously enabling IT teams to effortlessly manage security, compliance, and governance challenges. Organizations can now leverage a unified solution for all of their low-code needs, extending the ability to innovate to every employee.”

The Zoho Creator Platform integrates digital data and processes to facilitate the creation of truly agile solutions for business users and IT teams alike. Business developers can now easily build scalable low-code solutions which include apps, integrations, analytics, and process automation without heavy dependency on IT teams or time-consuming training. For IT stakeholders, the Platform now provides deeper controls around governance and management, without compromising automation, data-driven insights, customization, and the ability to affect revenue and growth. Together, business users and IT can quickly deploy secure, dynamic solutions built to auto-scale, so that organizations can focus on solving business problems and pursue new opportunities.

“We needed a complete solution to resolve specific operational difficulties, including a lack of streamlined communication and an inability to oversee employees effectively. The Zoho Creator Platform allowed us to build new contextual tools that unify disjointed communication channels, automate processes, and seamlessly integrate into our existing system,” said Gaurav Kakkar, System Process Manager at Emirates Logistics. “Additionally, the new Platform has given specific administrators greater flexibility in implementing new processes through the sandbox and demo user options to keep our data secure while providing important business insights. Together, we’re able to better support employees to be more productive, enabling them to collaborate and spot opportunities to better serve themselves and customers.”

“With this version of Creator, Zoho is shifting its low-code emphasis from applications to business solutions,” said Jason Bloomberg, President of Intellyx, an industry research firm. “Creator helps business stakeholders and IT personnel collaborate to combine applications, business intelligence and analytics, and process automation into end-to-end business solutions. Creator is simple enough for nontechnical staff while also powerful enough to address complex workflow scenarios in a secure, scalable environment.”

Key areas of innovation in the new Creator Platform include:

Expand App Building to Solution Building

Unified Solution Builder – Create, integrate, analyze, and manage custom business solutions at scale from a single dashboard. Seamlessly switch between different elements, with deep interoperability between capabilities, and in-built guardrails for IT teams to drive enterprise-wide citizen development programs.

Artificial Intelligence (AI) – Zoho’s intelligent AI assistant (Zia) now enables developers to import data from anywhere, cleanse and transform with one click, build data models, and automatically detect data relationships via Smart Import. AI tasks such as predictive analytics, keyword extraction, sentiment analysis, OCR, and object detection are built into the drag-and-drop user interface for easy deployment.

Process Blueprinting – This intuitive drag-and-drop builder graphically constructs an online replica of a business process by specifying each step, assigning responsibilities across stakeholders, and automating actions based on pre-set conditions. Users can now identify bottlenecks and have clarity to facilitate scalability for evolving business needs.

Enhanced Serverless Functions – Developers can now write, store, and execute reusable code blocks in Zoho Creator Platform using Deluge, Java, or Node.js. These functions encourage IT and business teams to work together to build scalable and easily maintainable enterprise-ready apps faster.

Build a Connected Ecosystem of Solutions for a Seamless Experience

Unified Data Modeling (UDM) – Unchecked data points, varied data formats, and evolving app landscapes add layers of difficult-to-solve complexities to data integration, resulting in sub-optimal business results. Universal cloud modeling is now included to help developers establish secure data transfer by automating data integration protocols with unified data architecture and over 600 plug-and-play connectors to make data integration easier for users.

Integration Status Dashboard – Users have complete visibility on how well each integration operates with the new Integration Status Dashboard. Status Dashboard provides key findings on recent executions, success and failure stats, and top connections facilitating early error detection and resolution to enable organizations to discover errors and resolve them quicker.

Embedded BI and Analytics Engine – An industry-first, full-fledged business intelligence and analytics engine is now included in the Zoho Creator Platform, enabling users to derive business insights from the data residing in their applications without worrying about bringing another subscription into the fold. High-end BI functionalities like predictive analytics, data alerts, what-if analysis, data blending, and conversational analytics are all now supported on the low-code platform.

Increased Control for IT with End-to-End ADLM

Environments – Developers can now launch solutions in different environments of choice—development, staging (testing), or production—with a single click based on the readiness of the solution. This allows users to add features continuously or make changes without disturbing the existing app in production. The environments also support role-based access to help business developers simulate user-specific experience validation.

Centralized Governance – To help IT manage low-code development, features such as granular role-based access controls, comprehensive audit trails and backup options, application IDE, dashboards to view and manage users, billing dashboard, personalization options such as localization, branding customization, and more, are now available in the low-code platform.

Integrated Communication and Collaboration Aid – Often, business developers get stuck in the build phase with minor obstacles, especially when new to the platform. In order to enhance communication and collaboration, integrated communication enables messaging, sending files, sharing screens, and the ability to make audio and video calls.

Zoho Creator Platform Pricing 

Pricing starts at $25 USD per employee, with a 15-day trial available. For comprehensive pricing information, please visit: https://www.zoho.com/creator/pricing.html

Zoho Privacy Pledge

Zoho respects user privacy and does not have an ad-revenue model in any part of its business, including its free products. More than 75 million users around the world, across hundreds of thousands of companies, rely on Zoho every day to run their businesses, including Zoho itself. For more information, please visit: https://www.zoho.com/privacy-commitment.html

About Zoho

With 50+ apps in nearly every major business category, including sales, marketing, customer support, accounting and back-office operations, and an array of productivity and collaboration tools, Zoho Corporation is one of the world’s most prolific technology companies.

Zoho is privately held and profitable with more than 10,000 employees. Zoho is headquartered in Austin, Texas, with international headquarters in Chennai, India. Additional offices are in the United States, India, Japan, China, Canada, Singapore, Mexico, Australia, the Netherlands, Brazil, Saudi Arabia, and the United Arab Emirates. For more information, please visit: www.zoho.com/

Attachments

Sandra Lo
Zoho Corporation 
slo@zohocorp.com

Carol Tong
PR for Zoho
carol@caroltongconsulting.com

Alpine Optoelectronics Announces General Availability of its Single-Wavelength 100G DWDM QSFP28 PAM4 Transceiver for 100km Interconnects

Enabled by nCP4™ Silicon Photonics Optical Engine

100G DWDM QSFP28 PAM4 Optical Transceiver

Alpine Optoelectronics’ Single-Wavelength 100G DWDM QSFP28 PAM4 module supports 100km, 4.8Tbps single fiber links and is compatible with standard 100GE switches, 100GHz Mux/Demux filters, EDFA, and DCM.

FREMONT, Calif., March 03, 2022 (GLOBE NEWSWIRE) — Alpine Optoelectronics, Inc., a leading innovator of optical networking technology, announces general availability of its Single-Wavelength 100G QSFP28 DWDM PAM4 transceiver.

The 100G QSFP28 DWDM transceiver is built on Alpine’s patented nCP4™ Silicon Photonics Optical Engine and is awarded a score of 4.0 by Lightwave’s 2022 Innovation Reviews. Available in 40 channels, the module is compatible with common 100GE switches and 100GHz spacing DWDM Mux/Demux filters providing 4Tbps of data capacity and 100km reach over amplified and dispersion compensated G.652 single-mode fiber (SMF) links with minimal investment.

A unique feature of Alpine’s 100G QSFP28 DWDM module is its wavelength-independent receiver, which means any two modules can link regardless of transmitter channel. Therefore, the product is compatible with standard DWDM ROADM’s enabling ROADM-based all-optical switching at 100G per wavelength to reach 4Tbps capacity. The transceiver’s small form factor, low power consumption, and exceptional optical performance provide additional value for this and other DWDM applications.

“Alpine Optoelectonics’ 100G QSFP28 DWDM PAM4 optical transceiver with innovative Silicon Photonics technology offers excellent OSNR, Tx output power, and Rx sensitivity at a competitive price compared to other DWDM solutions available on the market,” said Professor Maria Yuang, National Yang Ming Chiao Tung University, Taiwan, ROC. “It provides the cost-effective performance advantage required for our new large-scale optical switching system co-developed with Delta Electronics for next generation optical data center networks.”

The 100G QSFP28 DWDM transceiver has successfully completed a full Telcordia GR-468-CORE qualification and is certified to IEC60825-1:2014 Class 1 Laser Safety, RoHS 2002/95/EC, and ESD IEC 61000-4-2 standards.

Modular TDCM+EDFA Platform

Alpine Optoelectronics’ Modular TDCM+EDFA Platform supports multiple-channel 100Gbps DWDM transmission over distances up to 100km and features a proprietary autotune dispersion compensation function.

In addition, Alpine now offers a complimentary Modular TDCM+EDFA Platform specifically designed for its 100G QSFP28 DWDM transceivers to facilitate deployment in common applications.

Key Features of the Modular TDCM+EDFA Platform

  • 1RU mainframe accepts pluggable EDFA & TDCM line cards
  • Automatic dispersion compensation tuning with G.652 fiber dispersion slope matching
  • Multiple TDCM+EDFA models support duplex & bi-directional links up to 100km
  • Pluggable redundant power supplies & pluggable cooling fans

“With full qualification and general availability of the 100G QSFP28 DWDM transceiver, Alpine Optoelectronics has achieved an important milestone in the evolution of our nCP4™ Silicon Photonics based optical interconnect solutions,” commented Tongqing Wang, President and CEO of Alpine Optoelectronics. “The addition of the Modular TDCM+EDFA Platform makes it even easier for our customers to deploy our 100G DWDM optics in high-density high-speed optical networking applications. We’re also pleased to support the next generation of ROADM-based all-optical high-speed switching.”

Alpine Optoelectronics plans to showcase this and other optical connectivity solutions in Booth #3750 at OFC 2022 in San Diego, California from March 8-10.

About Alpine Optoelectronics
Alpine Optoelectronics, Inc. is a US-based innovator in photonic products headquartered in Fremont, California. The company develops and commercializes Silicon Photonics, PAM4, and Coherent optical technologies to deliver advanced solutions for next generation optical networks to our customers and partners.

nCP4 is a trademark of Alpine Optoelectronics, Inc.

For more information visit Alpine Optoelectronics at www.alpineoptoelectronics.com or email us at sales@alpineoptoelectronics.com.

Photos accompanying this announcement are available at:
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Match Fixing on the Rise as Global Sports Betting Turnover Surpasses €1.45 Trillion for the First Time

Sportradar Integrity Services detect record number of suspicious matches in 2021

Suspicious matches by sport.

Image provided by Sportradar AG.

LONDON and ST. GALLEN, Switzerland , March 03, 2022 (GLOBE NEWSWIRE) — The detection of a record number of suspicious matches exposes the serious, ongoing threat match-fixing presents to the integrity of global sport at all levels as the amount of money bet on sports reached record heights in 2021. This is a key finding of a new report, ‘Betting Corruption and Match-fixing in 2021’, prepared by Sportradar Integrity Services, a global supplier of sports integrity solutions and a division of Sportradar (NASDAQ: SRAD), a leading global sports technology company.

Sportradar’s bet-monitoring service, the Universal Fraud Detection System (UFDS), uncovered suspicious activity in 903 matches last year, across 10 sports and in 76 countries worldwide. It is the highest number of suspicious matches recorded in Sportradar Integrity Services’ 17-year history — a 2.4% increase on the previous high of 882 suspicious matches recorded in 2019.

The increase in suspicious activity arose alongside record levels of global sports betting turnover, which Sportradar now estimates at more than €1.45 trillion. According to the report, in 2021 approximately €165 million was generated in match-fixing betting profit. Organized crime syndicates are funded by revenue generated from betting fraud, which can in turn finance other illicit activities. The overall sum generated through betting corruption last year may even be greater, as this figure does not include any other potential financial schemes such as money laundering.

While the number of suspicious matches detected in 2021 reached a record high, Sportradar underscored its commitment to protecting the integrity of global sport by working with its partners to support 65 sanctions: 46 sporting sanctions, 15 criminal sanctions and four sanctions that were both sporting and criminal. These were delivered in 11 countries across football and tennis, with lifetime bans handed down to eight athletes.

Andreas Krannich, Managing Director, Sportradar Integrity Services, said: “There is no easy short-term solution to the match-fixing issue, and we’re likely to see similar numbers of suspicious matches in 2022, if not more. As the market has developed, so the threat of match fixing has evolved. Now, would-be corruptors take an increasingly direct approach to match-fixing and betting corruption, with athletes messaged directly via social-media platforms.

“We can take what we observed in 2021 and ask ourselves as fans of sport, what lessons can we learn? At Sportradar, we believe in adopting a progressive approach to integrity protection, through bet monitoring and intelligence gathering. This has been proven to deliver sanctions against those involved in match-fixing. Preventative measures, such as educating athletes and stakeholders, are also crucially important in the long-term fight against match-fixing.”

Other key findings within the report include:

  • Soccer has the highest frequency of suspicious matches at a rate of one in every 201 fixtures. It is followed by esports with one in every 384 and basketball at one in 498.
  • Lower-level competitions in soccer are significantly affected. It emerged that 50% of suspicious cases in domestic leagues came from the third tier or lower, including regional and youth soccer.
  • The months of September and October saw the highest number of suspicious matches detected with 105 and 104, respectively. This corresponds with the start of the traditional soccer season.
  • Sunday is the most common day of the week for suspicious sporting fixtures to occur, accounting for 22.5% of cases, followed by Wednesday at 16.8% and Saturday at 15.6%, reflecting the large number of soccer matches played on these days of the week.

Assessing the year ahead, the report forecasts a further increase in the number of suspicious matches set to be detected in 2022.

Sportradar Integrity Services’ report into match-fixing and betting corruption serves to highlight the extent of match-fixing and the damaging effect it has on the industry. The intention is to publish the report annually in order to raise awareness of the latest and most extensive data and trends.

The company used its UFDS to monitor more than 500,000 sports matches in 2021 and to provide an in-depth analysis of the match-fixing landscape. As a large representative sample size, it can be taken as a strong indication of the true rate of match-fixing globally.

Sportradar has made the UFDS available free of charge to all sports globally since October 2021 in an effort to ensure clean sport and to support all sports at all levels with their integrity measures and the system is now used by more than 120 sports organisations globally. Current partners include large international federations such as FIFA, UEFA, ITF, and ICC through to smaller organisations representing an individual sport in a single country.

ABOUT SPORTRADAR:
Sportradar is the leading global sports-technology company creating immersive experiences for sports fans and bettors. Established in 2001, the company is well-positioned at the intersection of the sports, media and betting industries, providing sports federations, news media, consumer platforms and sports-betting operators with a range of solutions to help grow their business. Sportradar employs more than 2,300 full-time employees across 19 countries around the world. It is our commitment to excellent service, quality and reliability that makes us the trusted partner of more than 1,600 customers in over 120 countries and an official partner of the NBA, NHL, MLB, NASCAR, FIFA, UEFA, ICC and ITF. We cover more than 750,000 events annually across 83 sports. With deep industry relationships, Sportradar is not just redefining the sports-fan experience; it also safeguards the sports themselves through its Integrity Services division and advocacy for an integrity-driven environment for all involved.

For more information about Sportradar, please visit www.sportradar.com
Source: Sportradar Group AG

Sportradar Press Contact:
Sandra Lee
comms@sportradar.com

Sportradar Investor Relations Contact:
Rima Hyder
investor.relations@sportradar.com

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CORONAVIRUS/Four new COVID-19 cases reported in Taoyuan school cluster

Four new domestic COVID-19 cases connected to a cluster infection involving four schools in Taoyuan were reported in Taiwan on Thursday, bringing the total in the cluster to 30 cases, according to the Central Epidemic Command Center (CECC).

New domestic cases

The new cases are a girl who attends Midi Preschool and three relatives of a different student at the preschool who had tested positive on Sunday, Health and Welfare Minister Chen Shih-chung (???), who heads the CECC, said at a press briefing.

The test results of the girl and two of her family members who tested positive on Monday show that their infections were not recent, which means that it is likely that they were the first in the cluster to contract the disease, Chen said.

The CECC has begun testing the girl’s other family members to find out whether this suspicion is true, he said, adding that another possibility is that a different family in the cluster who was the first to test positive was also the first to have been infected.

The cluster of unknown origin in Taoyuan also involves Guanyin Elementary School, Fulin Elementary School, and Shinjie Elementary School. Midi, Guanyin, and Fulin are located in Guanyin District, while Shinjie is in Zhongli District.

Patients in the cluster have been confirmed to have the same version of the Omicron variant that was circulating in an outbreak of the disease in Taoyuan that began in early January, and the CECC is looking into how the two are linked, CECC official Lo Yi-chun (???) said Thursday.

The two other clusters of unknown origin that the CECC is currently monitoring also involve the same version of the Omicron variant, according to Lo.

One of these clusters consists mainly of members of a religious group who dined together at a Taipei restaurant in February. It recorded one new case on Thursday, bringing its total to 49.

The other cluster, which totals eight cases to date, involves a New Taipei family, employees at a hotpot restaurant they dined at before testing positive for COVID-19, and family members of one of the restaurant’s employees.

The CECC is also monitoring three individual cases of unknown origin in Taiwan, of which two are nurses at quarantine hotels in Taipei and New Taipei and the third a marine surveyor who had been working in various harbor areas in central and southern Taiwan before testing positive.

The genome sequence in these three cases does not match that of any other domestic infections confirmed so far in Taiwan.

Imported cases

In addition to the domestic cases, the CECC also reported 66 imported cases on Thursday, 28 of them travelers who tested positive on arrival in Taiwan. The CECC did not release any information regarding the vaccination status of the imported cases.

To date, Taiwan has confirmed 20,653 COVID-19 cases since the pandemic began in early 2020, including 15,446 domestically transmitted infections.

With no deaths reported Thursday, the number of confirmed COVID-19 fatalities in the country remained at 853.

Source: Focus Taiwan News Channel

Power outage causes disruptions at science parks in southern Taiwan

Production was disrupted at several companies in science parks and other industrial areas in southern Taiwan on Thursday, when the power went out across most of the country, but some of them have since resumed operations.

Contract chipmaker United Microelectronics Corp. (UMC) was one of the major companies that reported an interruption of operations, saying a voltage drop had brought production lines to a halt at its plant in the Tainan Science Park during the widespread power outage, which occurred shortly after 9 a.m.

Since then, however, most of its equipment at the Tainan plant has been gradually put back online, and production has resumed, UMC said.

In the neighboring city of Kaohsiung, flexible printed circuit board maker Flexium Interconnect Inc. said production at its plant in the science park there had ground to a halt due to the power outage, while Chang Wah Technology Co. said its plant was running on a backup generator.

The Southern Taiwan Science Park (STSP) administration, which manages the Kaohsiung and Tainan science parks, said the latter had suffered a power supply drop, which had affected some of the companies there.

Some companies in Kaohsiung were also hit by a disruption of their water supply, which was linked to the power outage, while others have been running on backup generators, the STSP said.

As of press time, parts of southern Taiwan were still without electricity, hours after the power had been restored in most of the country.

According to the Ministry of Economic Affairs (MOEA), the problem was caused by an equipment malfunction at Kaohsiung’s Hsinta Power Plant early Thursday, resulting in the sudden loss of about one-third of Taiwan’s power supply and causing outages in more than 5 million households and businessplaces across the country.

Among them, 48 industrial parks were affected by the blackout, and power had been restored to 36 of them, as of Thursday afternoon, but work was being done to supply the other 12, the MOEA said.

Ten of the 12 industrial parks, which are in Taichung, Kaohsiung and Pingtung, house some 700 companies, according to Liu Chi-chuan (???), operations management deputy director at the Export Processing Zone Administration.

Liu said that in total, 521 companies in the southern Taiwan industrial parks were affected by the blackout, and power had been restored to 358 of them as of 1 p.m. Thursday.

Meanwhile, Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, said its operations in Taiwan had not been affected by the power outage, although some of its plants had experienced a voltage drop.

Winbond Electronics Corp., a dynamic random access memory (DRAM) chip supplier, also made a similar statement.

The two companies are based in Hsinchu, where the Science Park administration said none of its six satellite parks — Hsinchu, Zhunan, Tonglu, Longtan, Yilan and Hsinchu Biomedical Parks – had been impacted by the power outage.

The Central Taiwan Science Park administration also reported that its companies had not experienced any problems as a result of the blackout.

Source: Focus Taiwan News Channel

First Hon Hai-developed electric bus delivered to Kaohsiung City

An electric bus developed by a subsidiary of Taiwan-based Hon Hai Technology Group was delivered to Kaohsiung City government Thursday and is scheduled to enter service on March 16.

Foxtron Vehicle Technologies Co., a subsidiary of Hon Hai, also known as Foxconn internationally, delivered its first electric bus based on the Model T prototype during a ceremony in front of Kaohsiung City Hall.

The Model T electric bus will run on the route between Taiwan High Speed Rail Zuoying Station and E Sky Land starting March 16, group chairman Liu Young-way (???), announced at the ceremony.

The design and production of Model T took place in Taiwan, Liu noted, adding that more than 65 percent of spare parts and accessories for the buses are provided by members of the MIH Consortium — an alliance initiated by Hon Hai Group in 2020 to promote open standards for electric vehicles — and other Taiwanese suppliers.

Noting that the delivery marks an important milestone for Foxtron Vehicle Technologies’ venture into the electric vehicle industry, Liu said the company expects to expand the scope of its EV business via cooperation with industry players around the world in the future.

At the ceremony, Kaohsiung Mayor Chen Chi-mai (???) said the delivery of the bus is a key moment for Taiwan’s development of electric vehicles and electric buses and lauded Hon Hai’s technology and competitiveness in the domestic and global electric vehicle manufacturing field.

The city government will build a stronger partnership with Hon Hai by improving policy-making and creating an investment-friendly environment, Chen said.

In addition to building Kaohsiung into an electric bus manufacturing hub, the city government will work to advance the development of Kaohsiung as a smart city and turn it into an important international manufacturing base for smart electric buses and smart transportation tools.

The Model T e-bus has completed 200,000 km of acceleration endurance testing and more than 1,000 hours of rigid strength tests at the Automotive Research & Testing Center (ARTC), according to data provided by Hon Hai.

Source: Focus Taiwan News Channel

U.S. senators propose bill to sanction Beijing in event of Taiwan invasion

Three U.S. senators have proposed a bill that would allow for the imposition of financial sanctions against China in the event of an attack or invasion of Taiwan.

Senators Rick Scott, Kevin Cramer, and John Kennedy introduced the Deterring Communist Chinese Aggression Against Taiwan Through Financial Sanctions Act, which would seek to impose financial sanctions on Beijing should it invade, blockade, or enact regime change in Taiwan through the use of force.

The Act would sever all financial transactions between the U.S. and China in such an event, and also require the U.S. president to implement sanctions within 30 days.

Sanctions under the proposed bill would include a ban on transactions of property, revocation of visas and restrictions on Chinese nationals involved in the use of force against Taiwan, restrictions on transfers of credit or payments between financial institutions with China, a ban on investment in equity or debt of sanctioned persons, and a prohibition on financial engagement with Chinese military and software companies, financial messaging systems and digital currencies.

In a press release issued Wednesday, Scott said Taiwan was one of the United States’ most important partners in the Asia-Pacific and that its peace and stability were in Washington’s security and economic interests.

“We have watched Communist China’s increasingly frequent actions to harass and intimidate the Taiwanese people, through regular military encroachments and cyberattacks. We must be clear that these intimidation tactics will not be ignored.

“As Beijing quietly watches Putin’s invasion of and assault on Ukraine, America must stand strongly behind our partners in democracy and leave no ambiguity as to our resolve to condemn and punish tyrants who attack our partners,” Scott said.

He said that passing the bill would make clear to Chinese Communist Party General Secretary Xi Jinpig (???) that if he mimics Russian President Vladimir Putin’s commencement of military action against neighboring Ukraine he would face economic isolation and severe financial sanctions.

The senator added that he would “urge my colleagues to join me in this important work and I hope to see this bill move swiftly through the Senate.”

Source: Focus Taiwan News Channel