Getinge Selects Anaqua to Provide Single, Centralized IP Management Platform

Global medical technology company will use Anaqua’s AQX to help consolidate and coordinate the management of all its IP assets BOSTON, June 06, 2023 (GLOBE NEWSWIRE) — Anaqua, the leading innovation and intellectual property (IP) management technology provider, today announced that global medical technology company Getinge has selected Anaqua’s AQX in order to consolidate the management of […]

Global medical technology company will use Anaqua’s AQX to help consolidate and coordinate the management of all its IP assets

BOSTON, June 06, 2023 (GLOBE NEWSWIRE) — Anaqua, the leading innovation and intellectual property (IP) management technology provider, today announced that global medical technology company Getinge has selected Anaqua’s AQX in order to consolidate the management of all its IP assets onto a single, centralized platform.

Founded in Sweden in 1904, Getinge provides hospitals and life science institutions in 133 countries with products and solutions that aim to improve clinical results and optimize workflows.

Anna Maria Lagerqvist Gahm, Head of IP & Digital Law at Getinge, said: “With our extensive range of products and solutions for intensive care, cardiovascular procedures, operating rooms, sterile reprocessing, life science and digital healthcare solutions and our strong international presence with operations in more than 40 countries worldwide, it was important to be able to improve the efficiency and coordination of our IP management by consolidating onto a centralized platform. AQX enables us to do that, while also providing highly integrated functionality in key areas such as analytics and invention management.”

Bob Romeo, CEO of Anaqua, said: “Getinge focuses on helping its customers save lives through the products and solutions it develops, and on achieving its goal of becoming the world’s most trusted and respected medtech company. We are delighted to be supporting Getinge on that journey by helping manage and protect the company’s valuable IP assets. Anaqua continues to invest in offerings to meet and exceed the ever-evolving demands of the world’s most innovative life science companies.”

About Getinge

With a firm belief that every person and community should have access to the best possible care, Getinge provides hospitals and life science institutions with products and solutions that aim to improve clinical results and optimize workflows. The offering includes products and solutions for intensive care, cardiovascular procedures, operating rooms, sterile reprocessing and life science. Getinge employs over 11,000 people worldwide and the products are sold in 133 countries.

About Anaqua

Anaqua, Inc. is a premier provider of integrated intellectual property (IP) management technology solutions and services for corporations and law firms. Its IP management software solutions, AQX and PATTSY WAVE, both offer best practice workflows with big data analytics and tech-enabled services to create an intelligent environment designed to inform IP strategy, enable IP decision-making, and streamline IP operations, tailored to each segment’s need. Today, nearly half of the top 100 U.S. patent filers and global brands, as well as a growing number of law firms worldwide use Anaqua’s solutions. Over one million IP executives, attorneys, paralegals, administrators, and innovators use the platform for their IP management needs. The company’s global operations are headquartered in Boston, with offices across the U.S., Europe, and Asia. For additional information, please visit anaqua.com, or on LinkedIn.

Company Contact:
Amanda Glagolev
Director, Communications
Anaqua
617-375-5808
aglagolev@anaqua.com

GlobeNewswire Distribution ID 8852728

Ai-Media to Launch AI-Powered Automatic Captioning Solution to Asian Market at BroadcastAsia

Ai-Media at BroadcastAsia 2023 in Singapore SYDNEY, Australia, June 06, 2023 (GLOBE NEWSWIRE) — Ai-Media, the leader in technology-driven live captioning, transcription, and translation solutions, is excited to announce its presence at BroadcastAsia in Singapore, where it will unveil its ground-breaking LEXI 3.0 automatic captioning solution to the Asian market. Previously launched to the North […]

Ai-Media at BroadcastAsia 2023 in Singapore

Ai-Media at BroadcastAsia 2023 in Singapore, June 7-9

SYDNEY, Australia, June 06, 2023 (GLOBE NEWSWIRE) — Ai-Media, the leader in technology-driven live captioning, transcription, and translation solutions, is excited to announce its presence at BroadcastAsia in Singapore, where it will unveil its ground-breaking LEXI 3.0 automatic captioning solution to the Asian market.

Previously launched to the North American market at NAB Show 2023, LEXI 3.0 is the new and improved version of Ai-Media’s flagship automatic captioning solution. Powered by AI, LEXI 3.0 is the world’s most accurate and advanced automatic captioning solution, delivering results that rival human captions at a fraction of the cost.

During the BroadcastAsia, Ai-Media will also showcase its comprehensive range of captioning technology that boasts seamless integration with LEXI 3.0. Among the featured products is the new LEXI Viewer, an innovative HD-SDI device that empowers event organizers to effortlessly enhance accessibility by streaming captions to in-venue displays.

Additionally, Ai-Media will highlight its range of captioning encoders that ensure high quality distribution of audio and video via its iCap Cloud Network, the world’s largest, most secure caption delivery network. This includes iCap Alta, the broadcast industry’s leading IP encoder that provides efficient virtualized workflows for MPEG-TS and SMPTE-2110. Ai-Media will also showcase iCap Encode Pro, the HD-SDI encoder trusted by major TV networks worldwide that offers low operational cost & low-latency display.

BroadcastAsia will take place from 7 to 9 June at the Singapore EXPO in Singapore. Attendees can meet the Ai-Media team and discover its range of end-to-end broadcast captioning solutions at booth 6C3-08 in Hall 6.

Ai-Media’s Chief Sales Officer, James Ward said:

We are excited to launch LEXI 3.0 to the APAC market. AI-powered technologies are creating operational efficiencies and cost savings across countless industries and with Lexi 3.0 it is no different. LEXI 3.0 consistently delivers over 98% accuracy, meets all global regulatory requirements, enables customers to increase their reach and has cost savings of around 80% versus human captioning. We’re also able to leverage our decades of broadcast experience to ensure our captioning solutions are interoperable across different workflows, video standards and regions.

About Ai-Media

Founded in Australia in 2003, technology company Ai-Media is a global leader in the provision of high-quality live and recorded captioning, transcription, and translation solutions. The company helps the world’s leading broadcasters, enterprises and government agencies ensure high accuracy, secure and cost-effective captioning via its AI-powered LEXI automatic captioning solution. LEXI captions are delivered to millions of screens worldwide via Ai-Media’s range of captioning encoders and its iCap Cloud Network – the world’s largest, most secure caption delivery network. Globally, Ai-Media delivers 8 million minutes of live and recorded media monthly. Ai-Media trades on the Australian Stock Exchange (AIM). For more information, please visit Ai-Media.tv.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6e38de26-79b3-4f7f-b87b-cbf1939dc24a

Media Contact:
Fiona Habben
Senior Marketing Manager – Global
Fiona.habben@ai-media.tv

GlobeNewswire Distribution ID 8852879

UPDATE — VERSES, DENTONS US and SWF, Announce Collaboration on Landmark Industry Report “A Path to Global AI Governance”

Figure 1 VANCOUVER, British Columbia, June 05, 2023 (GLOBE NEWSWIRE) — VERSES AI Inc. (CBOE CANADA:VERS) (OTCQX:VRSSF) (“VERSES” or the “Company”), a cognitive computing company specializing in the next generation of artificial intelligence (“AI”), announces the release in June 2023 of an AI industry report titled “THE ROAD TO AUTONOMY: A Path To Global AI […]

Figure 1

The Road to Autonomy – Executive Summary

VANCOUVER, British Columbia, June 05, 2023 (GLOBE NEWSWIRE) — VERSES AI Inc. (CBOE CANADA:VERS) (OTCQX:VRSSF) (“VERSES” or the “Company”), a cognitive computing company specializing in the next generation of artificial intelligence (“AI”), announces the release in June 2023 of an AI industry report titled “THE ROAD TO AUTONOMY: A Path To Global AI Governance”.

The report combines the legislative expertise from Dentons, the world’s largest multinational law firm, and the AI acumen of VERSES with the guidance on technical standards from the Spatial Web Foundation to provide an in-depth analysis of the legal and key legislative trends from across the world on the state of AI regulation and recommendations for a path forward for government regulation of AI.

The report aspires to pioneer a fresh approach for legal practitioners, government regulators, and lawmakers, to keep pace with the rapid technological advancements and to guide their adaptation. The critical aspect of the report is to promote the adoption of standards for what VERSES considers “law as code.” The objective is to encode laws and legal principles into an understandable, machine-readable language that will facilitate the comprehension and autonomous compliance of AI systems with legal frameworks and social norms.

The report analyzes the unprecedented challenges presented by the emergence of AI and autonomous software, devices, and vehicles addressing fundamental questions like, “How can governments regulate AI systems that are on a path to regulating themselves? How can humans stay in the loop to ensure AI alignment with human values, principles, and laws, while guaranteeing fair and equitable services for all individuals and communities? And, how do we encode and enforce AI laws directly in AI systems themselves?

The report critically examines the transformative power of rapidly evolving technologies such as AI systems and their impending impact on legal, regulatory, and government sectors and accentuates the crucial need for developing and adopting standards that foster the understanding, governance, and interoperability of AI and autonomous systems. The report underscores the role of these technical standards in shaping dynamic and effective laws to regulate, oversee, and contemporize AI activities.

The goal of the report is to provide governments, regulators, and legislators with a pragmatic framework that not only informs but also provides a roadmap for policymaking, legislation, and compliance efforts in the field of AI. This is relevant to the flourishing autonomous vehicle industry, while also serving as a fundamental guide for all future AI-driven systems. Emphasizing the urgency of a globally unified, forward-thinking approach to AI governance, the report signals the vital need for standards development and deployment as the world navigates the pathway to Autonomous Intelligent Systems (“AIS”).

Significantly, the report points to the instrumental role of sociotechnical standards, as demonstrated by the work of the Institute of Electrical And Electronics Engineers IEEE P2874 Working Group. This initiative from the world’s largest association of technical professionals, underscores the importance of aligning AIS with human values and reducing the risk of harmful behavior.

The report also highlights the European Commission’s Flying Forward 2020 (“FF2020”) project for successfully implementing these standards. Led by VERSES and running on its KOSM platform, the FF2020 project featured autonomous AI-powered drones executing various tasks, such as medical supply delivery, building security inspection, and large crowd monitoring, all while adhering to local laws. The project exemplifies how the seamless integration of standards for AI with Urban Air Mobility and current legal and regulatory frameworks could improve the implementation of AI-powered services at city scale and beyond.

The report envisions the application of these standards to a host of sectors, including healthcare, education, finance, supply chain and more, paving the way for a smarter world with AI seamlessly operating behind the scenes.

AI is advancing at an unprecedented pace, raising concerns about the direction of its future trajectory. As AI evolves towards autonomous systems, the need for regulation becomes critical. We must address the challenge of regulating self-regulating AI to ensure alignment with human values and prevent potential risks. By implementing global technical standards and establishing an international AI regulatory framework, we can harness the immense benefits of AI while safeguarding against its potential perils,” stated VERSES CEO, Gabriel René.

We are thrilled to collaborate with VERSES on this report, as the challenge of regulating AI raises complex and often novel questions of law for our clients and regulators. We hope this report provides a new way of thinking about AI regulation, and provides important insights to key stakeholders who are wrestling with new AI regulatory frameworks and are trying to strike an appropriate balance between innovation and moderation,” said Peter Stockburger, Partner at Dentons US LLP.

In summary, the report calls for a safe, effective, and inclusive journey down the “Road to Autonomy,” ensuring that future AI systems are not just technically advanced but also aligned with the best interests of humanity, both now and in the future. With AI influencing every sector, this insightful report offers pragmatic recommendations for a more secure, innovative, and integrated AI-driven future. The full report will be available on the VERSES, DENTONS, and Spatialweb.org websites in June 2023, with the executive summary already available for preview.

The Road to Autonomy - Executive Summary

About VERSES

VERSES is a cognitive computing company specializing in next-generation AI. Modeled after natural systems and the design principles of the human brain and the human experience, VERSES flagship offering, GIA™, is an Intelligent Assistant for everyone powered by KOSMOS™, a network operating system enabling distributed intelligence.  Built on open standards, KOSM transforms disparate data into knowledge models that foster trustworthy collaboration between humans, machines, and AI, across digital and physical domains. Imagine a smarter world that elevates human potential through innovations inspired by nature. Learn more at VERSESLinkedIn, and Twitter.

About Dentons 
Dentons is designed to be different. As the world’s largest global law firm with 21,000 professionals in over 200 locations in more than 80 countries, Denton’s can help you grow, protect, operate and finance your business. Denton’s polycentric and purpose-driven approach, together with their commitment to inclusion, diversity, equity and ESG, ensures they challenge the status quo to stay focused on what matters most to you. www.dentons.com

About the Spatial Web Foundation 
The Spatial Web Foundation is a non-profit organization dedicated to the development and ethical use of technology, specifically in the creation and implementation of the Spatial Web protocol. The foundation’s core initiatives include developing open standards and protocols, promoting interoperability, and educating the public and policymakers. The foundation supports transparency and accountability in the development and use of technology, promotes responsible innovation, engages in dialogue and collaboration with various stakeholders, and adopts a proactive approach to addressing emerging ethical challenges. Ultimately, the Spatial Web Foundation seeks to create a more inclusive, accessible, and equitable internet that empowers individuals and communities to connect, create, and thrive.

On Behalf of the Company 

Gabriel René
VERSES Technologies Inc.
Co-Founder & CEO
press@verses.io

Media and Investor Relations Inquiries 

Leo Karabelas
Focus Communications
President
info@fcir.ca
416-543-3120

The NEO has not reviewed or approved this press release for the adequacy or accuracy of its contents.

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/1df22be2-a8db-4ce3-8217-05fbc905429f

GlobeNewswire Distribution ID 8852483

Baseball Legend Appointed Head Coach of Karachi Monarchs

Baseball United has made a groundbreaking announcement that has set the baseball world abuzz. The legendary Miguel Tejada, a former Major League Baseball MVP, and All-Star, is set to make history as the first manager of the Karachi Monarchs, the newly…

Baseball United has made a groundbreaking announcement that has set the baseball world abuzz. The legendary Miguel Tejada, a former Major League Baseball MVP, and All-Star, is set to make history as the first manager of the Karachi Monarchs, the newly announced franchise for the upcoming Baseball United tournament.

Tejada’s appointment to this coveted position marks a significant milestone for the sport, emphasizing the global reach and appeal of baseball.

Tejada’s resume speaks for itself. Known for his exceptional skills and charismatic leadership, he is widely regarded as one of the greatest Dominican Republic baseball players of all time.

With a career that spanned over 16 seasons in the Major Leagues, Tejada left an indelible mark on the game with his powerful hitting, defensive prowess, and unwavering passion.

Adding to the excitement, Tejada will be joined by another Dominican Republic baseball legend, Adrian Beltre, who was recently appointed as the Honorary General Manager of the Karachi Monarchs. The collaboration between these two esteemed figures promises to elevate the Monarchs to new heights, both on and off the field.

The Karachi Monarchs, based in Pakistan’s vibrant city, are poised to make a strong impression in the baseball world under the guidance of Tejada and Beltre. The duo’s wealth of experience, coupled with their deep understanding of the game, will undoubtedly leave a lasting impact on the development and growth of baseball in the region.

Source: Pro Pakistani

PM directs to take steps to fulfill energy needs of export industry

Prime Minister Shehbaz Sharif has directed to take measures to fulfill the energy needs of the export industry on priority basis.He gave these directions, while chairing a meeting on budgetary proposals for the energy sector in Islamabad today.The Pri…

Prime Minister Shehbaz Sharif has directed to take measures to fulfill the energy needs of the export industry on priority basis.

He gave these directions, while chairing a meeting on budgetary proposals for the energy sector in Islamabad today.

The Prime Minister decided to make energy reforms part of the budget. He said that renewable energy projects should be started by reducing reliance on the expensive imported fuel in a gradual manner. He said effective measures should be proposed in the next budget in order to control line losses and electricity theft.

Shehbaz Sharif further advised to include wind and solar energy projects in the upcoming budget.

Emphasizing the importance of an efficient transmission system, he said power transmission projects should be completed at the earliest. He said transformer metering should be made part of the next budget for the elimination of line losses and the pilferage of electricity.

The Prime Minister further directed to expedite the ongoing solarization projects in the country.

He said early completion of hydel projects should be given priority.

The meeting was apprised that four phases of the bidding for solarization of government buildings have been completed, after which several buildings are being shifted on the solar energy.

A detail briefing was also given on the steps taken to provide uninterrupted supply of gas and electricity to the export industry.

The Prime Minister directed to finalize these measures and include them to the next budget.

Source: Radio Pakistan

Soneri Bank’s Rs. 4 Billion Bond to Go Live At PSX Tomorrow

Soneri Bank Limited’s (PSX: SNBL) privately issued Rs. 4 billion bond will go live for trade on the Pakistan Stock Exchange on Wednesday, June 7.The bond has a ten-year maturity date of December 26, 2032, and its certificate will have a face value of …

Soneri Bank Limited’s (PSX: SNBL) privately issued Rs. 4 billion bond will go live for trade on the Pakistan Stock Exchange on Wednesday, June 7.

The bond has a ten-year maturity date of December 26, 2032, and its certificate will have a face value of Rs. 100,000 apiece.

The loan instrument is expected to contribute to the bank’s Tier-II capital, which is the second or supplementary tier of capital that is less safe than Tier-I capital. It will be used in the entity’s ongoing banking activities, according to the term sheet of the offer.

After the TFC is listed on the stock exchange, only qualified institutional traders will be permitted to buy it.

If SNBL meets the capital adequacy ratio, minimum capital requirement, and leverage ratio at the conclusion of a given period, the bond will offer a floating rate of 6-month KIBOR + 170 basis points.

The issue, which legally took place on December 26, 2022, was attended by 33 enterprises, including commercial banks, microfinance institutions, pension funds, provident funds, textile mills, insurance companies, and energy production firms.

MCB Bank and United Bank Limited were the major investors, each investing Rs. 600 million in the Rs. 4 billion debt product. HBL Asset Management Company Limited followed, investing Rs. 520 million, or 13 percent of the entire bond amount.

Soneri Bank exercised the call option on another Rs. 3 billion bond issued in July 2015 last year. In other words, the commercial lender exercised its debt issuer’s right to “call” or buy back its listed bond before it matured, which had an eight-year maturity and paid a semi-annual markup of 6-Month KIBOR + 1.35 percent.

Source: Pro Pakistani

Pakistan, Norway agree to enhance cooperation in divers fields

Pakistan and Norway have agreed to work together for enhancing bilateral cooperation in multiple spheres especially in higher education, green energy, shipping and blue economy.The understanding was reached during meeting between Minister of State for…

Pakistan and Norway have agreed to work together for enhancing bilateral cooperation in multiple spheres especially in higher education, green energy, shipping and blue economy.

The understanding was reached during meeting between Minister of State for Foreign Affairs Hina Rabbani Khar and Minister for Foreign Affairs of Norway Anniken Huitfeldt in Oslo today.

Appreciating the 75 years of Pak-Norway bilateral relations, they agreed on the importance of multilateralism to address regional and global challenges.

They also discussed investments in micro hydro power plants in Pakistan.

Global and regional issues including Indian Illegally Occupied Jammu and Kashmir, Afghanistan and Ukraine also came up in the meeting.

Meanwhile, Hina Rabbani Khar also met Norwegian Deputy Foreign Minister Erling Rimestad and expressed gratitude for Norway's support for flood affectees in Pakistan.

Source: Radio Pakistan

Pakistan, Iraq agree to strengthen ties in diverse fields

Pakistan and Iraq have agreed to further strengthen their bilateral ties in diverse fields.The understanding was reached during meeting between Foreign Minister Bilawal Bhutto Zardari and head of Islamic Supreme Council of Iraq Sheikh Dr Hamoudi in Ba…

Pakistan and Iraq have agreed to further strengthen their bilateral ties in diverse fields.

The understanding was reached during meeting between Foreign Minister Bilawal Bhutto Zardari and head of Islamic Supreme Council of Iraq Sheikh Dr Hamoudi in Baghdad today.

They discussed ways to enhance bilateral cooperation in trade and investment and efforts for peace and stability of the region and beyond.

The Foreign Minister also met Speaker of Iraqi Parliament Mohammed al-Halboosi and discussed promotion of cooperative parliamentary exchanges.

During his meeting with President of Al-Hikmet Party of Iraq Ammar Hakeem, Bilawal Bhutto Zardari discussed the historic, religious and cultural linkages between the two countries deep-rooted in mutual respect and understanding.

Source: Radio Pakistan