UBTECH Smart Elderly Care Solution honored as the winner of the 2023 Edison Awards™

FORT MYERS, FLORIDA, USA, April 24, 2023 (GLOBE NEWSWIRE) — FORT MYERS, FLORIDA, April 20, 2023– UBTECH, a leading global AI and robotics company, was honored the Bronze award of the 2023 Edison Awards™’ MedTech category for the distinguished innovation of its Smart Elderly Care Solution.

Known as the “Oscars of tech,” the Edison Awards™ is one of the oldest and most prestigious technology awards. It honors the most impactful brands and business leaders worldwide, with past winners including Steve Jobs, Elon Musk, General Motors, and Genentech, recognizing their excellence in service development, marketing, design, and innovation.

All nominations were reviewed by the Edison Awards Steering Committee with the final ballot determined by an independent judging panel. The panel is comprised of more than 3,000 senior business executives and academics from the fields of product development, design, engineering, science, marketing and education, as well as past winners.

UBTECH’s Smart Elderly Care Solution offers an enriched portfolio of intelligent robots to enhance the quality of life for seniors. In addition to using cutting-edge robotics technologies, the solution also leverages advanced artificial intelligence. And through UBTECH’s Smart Healthcare Cloud Platform, the Smart Elderly Care Solution creates a network that enables seamless integration of a variety of devices. This interconnect between hardware, network and people supports the seven key scenarios of smart elderly care: operational management, safety and security, health management, daily care, rehabilitation, mental and physical activities, and nutrition and diet.

“This is the industry’s comprehensive solution that combines advanced robotics and AI technology to assist seniors and their caregivers in nursing homes. Rather than providing services using isolated, individual products, we focus on addressing system-level challenges. By extensively applying AI technology, we vastly improved product performance to bring a richer, more optimized experience to the elderly and caregivers,” Henry Tan, Co-Chief Technology Officer of UBTECH and General Manager of UBTECH Healthcare, says, “It is an honor to have our Smart Elderly Care Solution be recognized by the Edison Awards™.”

According to the U.S. Census Bureau, starting in 2030, all baby boomers will be 65 and older. And by 2034, older adults will outnumber children for the first time in U.S. history. This forecast generates demand for efficient, comprehensive assistive care solutions.

Designed for accessibility, UBTECH’s Smart Elderly Care Solution portfolio accepts a multitude of inputs. Its smart sensors, working in parallel with its data platform, transform care from passive to proactive in assisting with daily tasks. And with rich interactive features, the solution can support seniors’ physical and mental well-being.

Moving into the smart care era, UBTECH provides people with an intelligent, independent, and convenient solution to raise the standard for the elderly care industry. Within the past year, UBTECH has released five service robots: Wassi, an intelligent walking assistance robot; VerCari, a containerized delivery robot; PathFynder, a smart wheelchair; AuCari, an open delivery robot; and Welli, a companion robot.

Due to its utility and innovation, UBTECH’s Smart Elderly Care Solution is garnering international interest. The PathFynder smart wheelchair is now exploring market in North America. In addition, UBTECH has worked with companies and partners to deliver and implement the solution in different facilities and scenarios. These successes are encouraging UBTECH to continue its mission to refine its technologies, pushing the industry forward to promote a higher quality of care.

As UBTECH expands its business globally, it expects to generate higher value and provide higher-quality services for seniors worldwide. By continuing to develop robotics and AI, the company aims to address the long-term challenge for society and create a new industry to boost the global economy.

About UBTECH

UBTECH, established in March 2012, is a leading AI and robotics company specializing in service robotics research, manufacturing, and marketing. Throughout the ongoing journey, from establishing an R&D center in North America focusing on the healthcare sector in 2019 focusing on applying solutions in various elderly-care scenarios, to releasing its global strategy for smart elderly-care in 2022, UBTECH has been a pioneer and leader in smart service robotic solutions. UBTECH is committed to the vision of transforming the healthcare industry and the sustainable development of the elderly-care economy with innovative technologies, together with industry partners.

Press contact

Jade Su

Senior PR Manager

Jade.su@ubtrobot.com

Attachments

Cindy Li
UBTECH ROBOTICS CORP LTD
cindy.li@ecoinst.ca

GlobeNewswire Distribution ID 8824058

Duck Creek Technologies Unveils a “Who’s Who” Participating in the Insurance Industry’s Leading Conference for Tech Decision Makers, Formation ’23

The world’s leading insurance industry and technology minds gather in Orlando, FL, May 8-10, 2023

Boston, April 24, 2023 (GLOBE NEWSWIRE) — Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announces major sponsors, partners, and presenters joining the leading insurance technology decision makers for its upcoming marquee customer conference, Formation ’23. The event is being held May 8 through May 10, 2023, at Signia by Hilton Orlando Bonnet Creek in Orlando, Florida.

With a focus on cultivating a world-class event experience filled with rich content, industry networking opportunities and unforgettable activities, Formation ‘23 is all about “BUILDING TOGETHER.” Duck Creek will welcome the leading insurtech minds and industry professionals of all levels from across the globe in a high-energy environment with ample educational and networking opportunities focused on the latest trends and innovations empowering the insurance industry. Duck Creek is delighted to be joined on stage and in sessions by customers who will share their personal stories and first-hand experiences implementing Duck Creek and partner ecosystem innovations. Notable carriers presenting include Australia-based general insurers Argyle and Hollard, as well as Berkshire Hathaway Specialty Insurance, EMC Insurance Companies, GAINSCO Auto Insurance® (GAINSCO), Great American Insurance Group, Indigo Insurance Ltd., and Munich Reinsurance America, Inc.

“This year we have a record number of sponsorship commitments from more than 60 members of our partner ecosystem, including diamond sponsors Glia and LTIMindtree; platinum sponsors Coforge and EY; and gold sponsors Accenture, Aggne Global, Capgemini, Cognizant and Quadient,” said Rohit Bedi, Chief Revenue Officer, Duck Creek Technologies. “This is a testimony to the robust partner ecosystem Duck Creek has built to benefit our customers worldwide. We maintain strong relationships with industry leaders to provide complementary, distinct solutions and services to get our joint customers to market quickly.”

Notably, several influential industry analysts from Aite-Novarica Group (Aite-Novarica), Celent, Everest Group, Forrester, International Data Corporation (IDC) and ReSource Pro Consulting, will participate in various sessions as guest speakers. In particular, Aite-Novarica, Celent, and Forrester will come together to speak in a panel, “Building the future together,” to share how insurers must utilize technology to win in today’s market.

Attendees will get first look at Duck Creek’s latest product vision, strategy, and roadmap. “Duck Creek is committed to providing great products that enable insurers and their customers to thrive,” said Chief Product & Technology Officer Jess Keeney. “We believe great products are personal – delivered and supported through the research and development of humanized experiences. Insurance is more complex with more regulations than ever, and we provide our customers with better data and more technology to manage increased distribution channels and shifting demographics.”

The agenda and speaker line-up are now available on the conference website. For more information on Formation ‘23 or to register now for the year’s must-attend event, please visit https://www.duckcreek.com/formation/.

About Duck Creek Technologies

Duck Creek Technologies is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and Twitter.

Carley Bunch
Duck Creek Technologies
+1-201-962-6091
carley.bunch@duckcreek.com

GlobeNewswire Distribution ID 8813214

Olymp Trade Held a Ramadan Charity Campaign

3,116 families in need received 10-kg food baskets

KINGSTOWN, SAINT VINCENT AND THE GRENADINES – Media OutReach – 24 April 2023 – Olymp Trade, a trading platform with over 80 million user accounts, has completed Every 1 Counts, a Ramadan charity campaign. The aim was to encourage the community of traders to support and help those in need.For every 100 trades made by the campaign participants, Olymp Trade committed to sponsoring one food basket for a disadvantaged family. The goal was to assemble 3,000 baskets and thus enable as many families to enjoy iftar meals.

Once Every 1 Count was over, Olymp Trade donated the resulting amount to the Misr El Kheir Foundation (MEK), a well-known Egyptian NGO. Since 2007, the foundation has been contributing to human development, intending to reduce poverty, illiteracy, unemployment, and disease.

Every 1 Count: Results
19,760 traders from Egypt and other MENA countries joined Olymp Trade’s Ramadan campaign. They collectively assembled 3,116 food baskets.

In April, MEK volunteers distributed more than 30,000 kg of food aid among 3,116 impoverished households during the Iftar Ramadan Charity Campaign. Additionally, they distributed 1,000 free hot meals to provide instant hunger relief.

On its official Facebook page, Misr El Kheir Foundation thanked Olymp Trade for supporting this charitable cause.

According to an Olymp Trade’s representative, the company considers the event successful and plans to organize such campaigns regularly in the future:

“So far, Olymp Trade has held several charity campaigns, including one in Egypt. But Every 1 Counts is unique because it directly engages so many of our users. Their collective activity on the platform boosted Olymp Trade’s donation to 1,000,000 EGP. We are really proud to make this contribution on behalf of the platform’s community. It’s yet another proof that trading is not limited to pursuing personal gain. It also has the potential to bring about positive social changes.”

 

Over 200 students from 24 countries to participate in NYUAD Hackathon for Social Good

BU DHABI, 24th April, 2023 (WAM) — New York University Abu Dhabi (NYUAD) will host the 11th edition of the NYUAD Hackathon for Social Good in the Arab World with sustainability as its key theme. The event will take place from 27th to 30th April and welcomes over 200 students from 24 countries who will leverage Quantum Computing to develop innovative solutions to challenges related to the UN Sustainable Development Goals (SDGs). This hackathon will cover various sectors, including health, education, film, music, business, and science. This year will see renowned global computer science professors, founders of successful startups, technology professionals, and venture capitalists come together at NYUAD to lead teams of talented computer science students from across the globe, with a majority from the Arab world, to create mobile and web applications for the betterment of society. Students will have the opportunity to learn critical practices in Quantum Computing (QC), Quantum hardware, and software developments from 51 mentors, who are global leaders across industry and academia. Participants will explore quantum computing solutions to various challenging projects from machine learning and AI to physics (complex simulation problems), chemistry, computer science, healthcare, and maths to online gaming, security, social sciences and the arts (quantum-generated artwork). The diverse and cross-disciplinary teams (consisting of five to seven students and two mentors per team) will then work together to use these new QC skills for social good and to make a positive impact on the future of society. Bringing experts from world-leading institutions, like MIT, ETH, and Stanford, as a source of sponsorship and mentorship for participants, this event provides valuable insight into the full cycle of creating a tech startup. It cultivates future international project collaboration opportunities, launching startups, and undertaking academic research. The NYUAD Hackathon for Social Good will be supported by top global Quantum Computing experts from both industry and academia, such as The NYUAD Center for Quantum and Topological Systems; Technology Innovation Institute (TII), Geneva Science and Diplomacy Anticipator (GESDA), ETH Zurich in Quantum Information, University of Calgary’s Institute for Quantum Science and Technology (IQST), the MIT’s iQuHACK, QWorld, as well as experts from world-class businesses including IBM, qBraid, and NIEW. NYUAD Affiliated Faculty and Clinical Professor of Computer Science at NYU, Sana Odeh, who organises the event, announced the launch of the 2023 Hackathon event with a focus on finding sustainable solutions to challenging problems related to the UN Sustainable Development Goals using quantum computing technologies. With UAE’s Year of Sustainability and NYUAD’s participation in the COP28 Universities Climate Network, Odeh emphasised the commitment to drive sustainable growth in the UAE and beyond. “The event is an opportunity for young climate leaders to showcase the potential of technology and quantum computing to find solutions to sustainability challenges. The Hackathon has garnered a global reputation, and its past participants have gained scholarships, jobs, and even launched their own startups,” she added.

Source: Emirates News Agency (WAM)

Palestinian Foreign Ministry Condemns Raising Occupation’s Flag on Ibrahimi Mosque

The Palestinian Ministry of Foreign Affairs condemned the acts of the Israeli occupation forces and a group of far-right settlers who raised the occupation flag on the surface and walls of the Holy Ibrahimi Mosque, which is a blatant violation against the international law, Geneva Conventions, and an outright provocation against the feelings of citizens and Muslims.

Such aggression is a part and parcel of the occupation schemes that aim to entrench the theft of the Holy Ibrahimi Mosque and Judaize it through altering its landmarks, including its historic and civilized identity, the ministry said in a statement Sunday. It added that such an act reflects the mentality of the occupation and its policies in targeting the worshipping, historic and heritage places in occupied Palestine, in addition to falsifying their reality in the service of the occupation’s narratives and colonial schemes.

The United Nations Educational, Scientific and Cultural Organization (UNESCO), along with the relevant UN organizations called for speaking out and condemning these measures, activating the fact-finding missions to investigate the details of Judaization operations of these worshipping and historic places, in addition to taking measures to ramp up pressure on the Israeli government to stop them immediately.

They reaffirmed that such violations and other forms of constant aggression against Islamic and Christian sacred places, with Al-Aqsa Mosque coming at the forefront, are new proof of the intentions of the occupation government to escalate the situation and its rejection of the calls of pacification efforts.

Source: Qatar News Agency

UK, The Netherlands to Build World’s Biggest Electricity Power-Line in the World

The UK and The Netherlands announced today that they will build a cross-border power line that will provide electricity for 1.8 million people in the UK.

The ministry said that the power line, called LionLink, will be able to transfer 1.8 gigawatts (GW) of electricity. The Netherlands and the UK plan to build Europe’s biggest cross-border power line to deliver clean energy and boost energy security.

Source: Qatar News Agency