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NRT to Exhibit Groundbreaking New Solutions During Upcoming 2019 G2E Asia Show

Following NRT’s five acquisitions last year, executives will be showcasing dozens of new software and hardware solutions to make payments easier and guest experiences better than ever before

MACAU, May 20, 2019 (GLOBE NEWSWIRE) — NRT, one of the largest FinTech and information technology companies in the gaming industry, will be exhibiting at the Global Gaming Expo Asia (G2E Asia) from May 21-23, 2019, at the Venetian Macao. NRT will be displaying a suite of its latest technologies in booth A825, including ticket redemption and cash access kiosks, OfferCraft marketing and HR software, VisuaLimits Table Game solutions, and more.

“NRT inspires more commerce to happen across the entire casino,” said Michael Dominelli, President of NRT. “Casinos use NRT’s solutions to attract more visitors, ensure those visitors can easily and securely access their cash, and to make it easier for patrons to securely make the purchases they want in the way they want. Casinos entrust NRT to assist with these mission-critical tasks because they know our solutions work today and will continue to work as the broader payments industry continues to evolve. If you’ve visited a casino in the last twenty years, including any of the top properties in Asia, chances are you’ve interacted with NRT’s technology.”

The following are just some of the innovations NRT will showcase at G2E Asia:

Lilly – a powerful new marker technology for table games.  Lilly will increase profitability, improve operational efficiency, and drastically improve guest satisfaction for the casinos using it.

Multiple kiosk solutions, including the award-winning NEO™ kiosk, the most advanced, reliable and secure casino cash handling & payment kiosk in the world. NRT kiosks reliably and securely serve millions of guests, through hundreds of kiosks in the Asian market alone. The hardware and integrated CHS™ software offer best-in-class security, and include mobile payments, dynamic marketing, customized lighting, powerful encryption, and a smoother guest experience.

The celebrated VisuaLimits™ Intelligent Table Management tools improve dealer productivity, optimize utilization, and enhance game protection at virtually any table.

The NCC Gaming™ end-to-end marker management solution, which has become the solution of choice for the world’s top casino operators because it allows for ultra-fast and reliable credit acceptance, underwriting, marker issuance, deposit, and collection.

The NCC Compliance Suite™ is creating the future of AML compliance utilizing Artificial Intelligence. The solution will include AML, Tax, ID, and audit tools.

The award-winning OfferCraft™ software, a patron engagement platform that is used by operators to motivate guest behaviors like higher spending and more redemptions via dynamic content tools like smart offers and gamification.

“We are always excited to be able to present our solutions at G2E Asia,” said Art Ayow, SVP of International Sales. “We work hard to deliver solutions that really connect with patrons and operators in the Asian market, and with our newest offerings we’re also helping to ensure casino employees can be as productive and impactful as possible.”

About NRT

NRT is a technology company that builds next-generation commerce and information-enabling experiences for enterprise gaming operators. Our solutions include secure payment systems, specialized financial and marketing kiosks, AML compliance tracking and reporting tools, digital gamification and mobile experiences, intelligent table game platforms, credit/ marker information services and electronic marker solutions. By seamlessly combining technological innovation, in-house infrastructure and strategic partnerships, NRT creates the most convenient, reliable, and secure omni-channel payment ecosystem for casino operators and their guests. Our collective solutions are used by casinos, race and sports operators, lotteries, banks, and retailers globally.

Aron Ezra
Chief Marketing officer
Aezra@nrttech.com

Governance reform could see African economies benefit to tune of £23bn – PwC Global Economy Watch

  • Continent-wide analysis of African economies demonstrates positive correlation between economic growth and rising governance indicators
  • Ethiopia and Cote d’Ivoire demonstrate consistent annual average real per-capita growth of >5% since 2013
  • Particularly strong growth among East African economies (average 3% per capita), while Central Africa has struggled (fall by average 1.3%)
  • Global analysis highlights slowdown in manufacturing sector linked to US-China trade war

LONDON, May 20, 2019 (GLOBE NEWSWIRE) —  The latest edition of PwC’s bimonthly Global Economy Watch has found that African economies could receive a windfall of £23bn if each economy applied similar governance reforms equivalent to those made by Cote d’Ivoire since 2013.

The continent-wide economic analysis modelled the performance of each country across six of the World Bank’s Worldwide Governance Indicators (2013-17), which covers aspects such as regulatory quality, rule of law and government effectiveness.

The analysis has found that if each African economy made an improvement to governance equivalent to that made by Côte d’Ivoire over the past four years, these gains would be worth around $23bn if realised across the continent.

The countries with the largest potential gains are those with a comparatively high GDP per head but a poor track record on governance. Accordingly, oil-rich Libya and Equatorial Guinea would see the greatest increase, with each person gaining an additional $400 and $200, respectively.

Those with lower GDP per capita, such as Niger and Malawi, would see a smaller improvement, despite their governance rank being below the average for the region. By contrast, economies like Rwanda, which have made similar improvements to Côte d’Ivoire, would also only realise a small benefit, with greater gains made through further diversification of their economies.

Regional differences are significant

The forecast also notes strong regional differences in economic growth across the continent. Economic growth has been particularly strong in East Africa (at around 3% a year since 2013). Central Africa, by contrast, saw annual real GDP per capita fall by an average of 1.3% over the period. North Africa and the Southern region experienced very sluggish growth (of 0.4% and 0.8% a year respectively), while West Africa saw faster growth of 1.9% a year.

Mike Jakeman, senior economist at PwC UK says,

‘Given that Africa contains more countries than any other land mass on earth, it is vital that we consider each economy in its own terms. Economic performance has varied wildly in recent years, but the correlation between strong economic growth and improvements in governance suggests a way for all of Africa to grow more quickly.

‘It is important to acknowledge the real benefits that governance reform can bring. Improved governance can also help countries identify other opportunities for growth. Although we should move away from a single narrative about the African economy, we can also acknowledge areas of mutual interest and benefit across regional economies.’

Manufacturing has driven the global slowdown

Looking at the recent performance of the global economy, the report also explores the causes of the slowdown since mid-2018. The weakness appears concentrated in the manufacturing sector, with purchasing managers indices for the US, China and the euro zone, in particular, declining.

Mike Jakeman says,

‘There are two interrelated stories here. The first is the effect of the US-China trade conflict, which is causing disruptions to supply chains suppressing appetite for trade. This is bad news for Europe, especially, which is a big exporter to both the US and China.

‘The second is the Chinese government’s attempt to deleverage its highly indebted corporate sector, which is likely to have exerted downward pressure on its own manufacturing output and those of its main suppliers. However, the cooling effect of the trade war on the economy has led the government to prioritise its GDP target of 6-6.5% over its deleveraging programme.

‘This short-term relaxation of policy, especially if combined with an armistice on trade, could be enough to re-inject some momentum into the global economy in the remainder of 2019.’

Notes to editors:

Find the full report: at https://www.pwc.com/gx/en/issues/economy/global-economy-watch.html

Follow us on twitter:  @PwC

About PwC
At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 158 countries with over 250,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.

© 2019 PwC. All rights reserved

Contact

 

David Bowden, PwC
Tel: +44 (0)7483365049
e: david.bowden@pwc.com

Philips launches new IntraSight interventional applications platform to seamlessly integrate intravascular imaging and physiology applications for image-guided procedures

May 20, 2019

Integrating best-in-class physiology, imaging and co-registration tools across the interventional lab workflow supports physicians in providing cardiac and peripheral vascular patients with superior care

Amsterdam, The Netherlands Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the launch of the new IntraSight interventional applications platform. The secure, application-based platform offers a comprehensive suite of clinically proven iFR, FFR, IVUS and co-registration [1] modalities to simplify complex interventions and speed routine procedures.

In image-guided treatments of the heart and peripheral blood vessels, there is an increasing trend to use advanced catheters and pressure wires that are capable of producing ultrasound images of the interior of blood vessels (intravascular ultrasound or IVUS) and perform blood pressure measurements (fractional flow reserve or FFR and instant wave free ratio or iFR). There is a growing body of clinical evidence that the use of such technologies in conjunction with interventional X-ray improves patient outcomes.

“IntraSight has made an immediate impact in our lab,” said Dr. Rasha Al-Lamee, Clinical Academic Interventional Cardiology Consultant at Imperial College Healthcare NHS Trust, London, UK. “It is so simple and intuitive to use that it took us no time at all to get used to it. It has made using physiology and imaging even quicker and easier, which is a great advance for us and for our patients.”

Philips IntraSight optimizes lab performance with tableside touchscreen control, systems integration, data management and remote service diagnostics. The combination of IntraSight and Azurion, Philips’ industry-leading image-guided therapy platform, provides an unmatched level of diagnostic insight and intuitive tableside control that enables clinicians to provide cardiac and peripheral vascular patients with superior care. IntraSight delivers an outstanding user experience with a modern, intuitive interface that minimizes learning curves and increases workflow confidence.

“The range and complexity of cardiovascular diseases that can be treated with minimally invasive procedures continues to expand,” said Bert van Meurs, Chief Business Leader Image Guided Therapy at Royal Philips. “Correspondingly, the procedures themselves are also becoming more complex, increasing the demands on physicians to integrate different sources of information, decide on the best course of treatment for each patient, act on that decision and confirm the treatment’s effectiveness. IntraSight is an important step forward in integrating intravascular diagnostic applications into a smart, simple and seamless workflow in the interventional lab.”

A significant advance in Philips’ unique portfolio of systems, smart devices, software and services in image-guided therapy, the scalable IntraSight platform is based on Philips’ common software and hardware architecture.

Further providing seamless integration in the interventional lab, Philips SyncVision, available on IntraSight [4], advances patient care by mapping both the pressure profile and IVUS measurements of the whole vessel onto the angiogram. With iFR pullback and co-registration and IVUS co-registration [1], physicians can identify the precise locations causing ischemia, plan stent length and placement with a virtual stent, and predict physiologic improvement.

iFR is an innovative pressure-derived index proprietary to Philips, allowing a simplified hyperemia-free physiological assessment of coronary blockages. It continues to be adopted into clinical practice, with mounting evidence that this innovative technology contributes to reducing costs, improving outcomes [2, 3, 4] and enhancing the patient experience. IntraSight, SyncVision and iFR are part of Philips’ unique portfolio in image-guided therapy, delivering sophisticated, procedure-oriented solutions to healthcare providers.

IntraSight will be showcased at the SCAI scientific sessions, booth #706 (19-22 May in Las Vegas, U.S.) and EuroPCR, booth #F15, Level 1 (21-24 May in Paris, France. Visit the Philips booths at these events to experience the company’s innovative cardiology portfolio. Follow the #EuroPCR conversation at @PhilipsLiveFrom.

[1] Co-registration tools available within IntraSight 7 configuration via SyncVision.
[2] Davies JE, et al. Use of the Instantaneous Wave-free Ratio or Fractional Flow Reserve in PCI. N Engl J Med. 2017 May 11;376(19):1824-1834.
[3] Gotberg M, et al. iFR Swedeheart Investigators. Instantaneous Wave-free Ratio versus Fractional Flow Reserve to Guide PCI. N Engl J Med. 2017 May 11;376(19):1813-1823.
[4] Patel M. “Cost-effectiveness of Instantaneous Wave-free Ratio (iFR) compared with Fractional Flow Reserve (FFR) to guide coronary revascularization decision making.” Late-breaking Clinical Trial presentation at ACC on March 10, 2018.

For further information, please contact:

Mark Groves
Philips Group Press Office
Tel: +31 631 639 916
Email: mark.groves@philips.com
Twitter: mark_groves

Fabienne van der Feer
Philips Image Guided Therapy
Tel: +31 622 698 001
Email: fabienne.van.der.feer@philips.com
Twitter: FC_Feer

About Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Philips generated 2018 sales of EUR 18.1 billion and employs approximately 77,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

Attachments

TransCanna Executes LOI To Acquire The Business and Assets of Premier Indoor Cultivator Lyfted Farms

VANCOUVER, British Columbia, May 20, 2019 (GLOBE NEWSWIRE) — via NetworkWire – TransCanna Holdings Inc. (CSE:TCAN: XETR: TH8) (“TransCanna” or the “Company”) is pleased to announce the execution of a non-binding Letter Of Intent dated May 17, 2019 (the “LOI”) with Lyfted Farms, Inc. (“Lyfted”), of Modesto, California, to acquire the business and assets of Lyfted (the “Proposed Acquisition”). Lyfted Farms is a state licensed producer of high quality indoor grown cannabis.  The three permanent state licenses that Lyfted owns are for cultivation (nursery), cultivation (grow), and distribution.

“The Proposed Acquisition includes an exceptional brand, with a range of  high-end flower, growing revenues, fifty exotic and unique genetic strains and a team that’s been a staple in the Modesto valley with over two decades of cultivating experience. In short, this is another example of an ideal acquisition candidate for TransCanna that offers SKU velocity, growing revenues and branded products that differentiate from others in the marketplace,” stated Jim Pakulis, CEO of TransCanna.

“Being a premier cultivator, we thrive on new, cutting edge processes to generate superior results. We’re extremely excited about joining forces with the team at TransCanna,” stated Bob Blink, President of Lyfted Farms.

“The acquisition by TransCanna would allow us to solve our biggest current challenge, which is the limited cultivation space at our indoor facilities.  We’re already the number one selling vendor of products among the top seven dispensaries locally. It’s now time for us to scale throughout the state. TranCanna’s impressive facility in Modesto, not far from our present location, and their vertically integrated strategy, including distribution, will enable us to achieve that.”

On closing of the Proposed Acquisition, Lyfted will receive total consideration of US$5.5 million in cash and one million shares. The Company will pay US$2.75 million at closing and issue a 12 month, unsecured, interest only note for $2.75 million at 7% interest p.a. (the ”Note”). The Note is repayable by the Company in part or in full anytime during its 12 month term. The Company is paying a non-refundable deposit of US$50,000 in cash, which is deductible from the total consideration payable under the terms of the Proposed Acquisition.

The Proposed Acquisition is subject to completion of due diligence, execution of a definitive asset purchase agreement, which is to be completed within 45 days of the date of the LOI, and relevant regulatory approvals. There can be no assurances that the completion of the Proposed Acquisition will occur on the terms set forth above or at all.

For further information, please visit the Company’s website at www.transcanna.com.

About TransCanna Holdings Inc.

TransCanna Holdings Inc. is a Canadian-based company focused on providing integrated branding, transportation and distribution services, through its wholly-owned California subsidiaries, to a range of industries including the cannabis marketplace.

For further information, please visit the Company’s website at www.transcanna.com or email the Company at info@transcanna.com.

Media Contact
TransCanna@talkshopmedia.com
604-738-2220

On behalf of the Board of Directors

James Pakulis
Chief Executive Officer

Telephone: (604) 609-6199

The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Forward-looking statements in this news release include, but are not limited to:  the expected purchase of Lyfted, the terms of the Asset acquisition,, the ability of the Company to secure financing and the acquisition of appropriate licenses. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

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

Corporate Communications:
NetworkWire (NW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkWire.com

Merchants’ Association rejects guidebook on bird’s nest trading

SEREMBAN, The Federation of Bird’s Nest Merchants Association of Malaysia has rejected a newly-launched guidebook for the industry, saying the guidelines are too tight and impossible to implement.

Its president, Allen Tan, said the Rural Industry and Entrepreneurship Organisation, which drew up the 85-page guidebook, Guidelines for a Uniform Raw Bird’s Nest Trading (G.A.R.U.D.A), also did not represent the bird’s nest industry players.

He questioned the need for the guidebook as existing guidelines were sufficient for the industry.

“The requirements and important things spelt out in this guidebook are unreasonable, for example raw bird’s nest content not exceeding 30 parts per million (ppm) and the moisture content should not exceed 11 per cent.

“When the humidity is set to not exceed 11 per cent, it will cause the nest to become fragile and breakable, thus affecting the quality and production of the bird’s nest,” he said at a media conference here today.

He said the new guidelines would create bigger problems in the export of raw bird’s nest.

Tan said he would be holding a meeting with the Department of Veterinary Services soon to find a solution to the issue.

Source: BERNAMA (News Agency)

Realised FDI in Q1 made up of high-quality investments Tony Pua

KUALA LUMPUR, The historical high realised foreign direct investment (FDI) recorded in the first quarter (Q1) of 2019 was made up of high-quality investments, political secretary to the Finance Minister Tony Pua said.

He said this will help upgrade local skills and technologies through the sharing of expertise in various high value-added areas and importantly, ensure that Malaysia escapes from the middle-income trap, a goal that it is striving for.

International investors’ interest in Malaysia has increased since Pakatan Harapan took over the reins of government one year ago, he said in a statement today.

Pua was commenting on the aspersion cast by former prime minister Datuk Seri Najib on the FDI statistics posted on his (Pua’s) Facebook.

“The amount of FDI approved in 2018 was the best achievement thus far, which will help increase the realised FDI this year and next year.

Hence, Finance Minister Lim Guan Eng is correct to state that the country achieved the historical high realised FDI in a quarter in the first quarter of 2019, an increase of 94.8 per cent to RM21.7 billion from RM11.2 billion in the same the quarter in 2018,” Pua said.

He said that the purchase of IHH Healthcare Bhd shares on Bursa Malaysia by Mitsui and Co Ltd from Khazanah Nasional Bhd was a significant move as it demonstrated the confidence and trust placed by foreign investors on Malaysian companies and economy.

He also recalled that during Najib’s premiership in 2017, Petroliam Nasional Bhd sold 50 per cent of its stake in the Refinery and Petrochemical Integrated Development (RAPID) project in Pengerang to Saudi Arabia’s Saudi Aramco at US$7 billion.

In fact, the FDI interpretation used currently and before has not changed, and it is an international interpretation described in the International Monetary Fund’s Balance of Payments and International Investment Position Manual,” he said.

Source: BERNAMA (News Agency)

APEC needs focus on digital economy Leiking

KUALA LUMPUR, Digital economy is an immediate priority area that needs focussing by the Asia Pacific Economic Cooperation (APEC) through intensified efforts in facilitating cross border e-commerce.

International Trade and Industry Minister Datuk Darell Leiking said, in embracing digital transformation, APEC needs to quickly grab the opportunity to spearhead substantive work on the digital economy to become rule-makers or risk being left behind as the rule-takers in this area.

He said this in a statement issued in conjunction with the 25th APEC Ministers Responsible for Trade (MRT) meeting, held on May 17-18 in the port city of Valparaiso, Chile.

Leiking who would lead the Malaysian trade and investment mission to three South American countries this week also said the MRT in principle agreed that APEC has an important role to play to support the Multilateral Trading System instituted by the World Trade Organisation (WTO).

He said the APEC ministers also called on the WTO to modernise its rules to adapt to the current global trade environment while resolving its prolonged operational issues.

“While reform is crucial to ensure its relevance to modern times, WTO must be able to provide an effective platform for developing economies like Malaysia to ensure their trading interests are taken care of,” said Leiking.

The minister also emphasised that APEC must start to envision its way forward post-Bogor goals, which will expire in 2020.

“It is time to humanise APEC and Malaysia looks forward to taking on this specific task as the host of APEC in 2020, with a focus to advance economic development in the region, in tandem with the socio-economic well-being of its citizens,” added Leiking.

Leiking’s trade mission to South American countries will cover Santiago, Chile beginning today, Buenos Aires, Argentina tomorrow as well as Brasilia and Sao Paulo in Brazil from May 22-24.

Source: BERNAMA (News Agency)