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Iveco Group and Hyundai Motor Company sign Memorandum of Understanding to explore future collaboration

IVECO GROUP N.V.

Iveco_Group_Hyundai_Motor_Company_MoU_signing

Turin, Italy and Seoul, South Korea, 7 March 2022. Iveco Group (MI: IVG) and Hyundai Motor Company (HYMTF) have signed a Memorandum of Understanding (MoU) on the 4th of March to explore possible collaborations on shared vehicle technology, joint sourcing, and mutual supply.

The signing took place at Hyundai Motor Company and the major participants include Gerrit Marx, CEO of Iveco Group; Marco Liccardo, Chief Technology & Digital Officer of Iveco Group; Jaehoon Chang, President and CEO, Hyundai Motor Company; and Martin Zeilinger, Executive Vice President and Head of Commercial Vehicle Development Tech Unit of Hyundai Motor Company.

The MoU is a preliminary step in assessing the potential for the two groups to cooperate in the domains of technology and platforms, encompassing components and systems. Areas of possible mutual interest pertain to electric powertrains and platforms including fuel-cell systems, vehicle automation and connectivity for commercial vehicles.

This agreement is a further step in Iveco Group’s and Hyundai Motor Company’s independent strategies to create leading innovative solutions in today’s fast-changing environment by building an ecosystem of mutually beneficial partnerships.

Iveco Group N.V. (MI: IVG) is a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain, and related Financial Services arenas. Each of its eight brands is a major force in its specific business: IVECO, a pioneering commercial vehicles brand that designs, manufactures, and markets heavy, medium, and light-duty trucks; FPT Industrial, a global leader in a vast array of advanced powertrain technologies in the agriculture, construction, marine, power generation, and commercial vehicles sectors; IVECO BUS and HEULIEZ, mass-transit and premium bus and coach brands; Iveco Defence Vehicles, for highly-specialised defence and civil protection equipment; ASTRA, a leader in large-scale heavy-duty quarry and construction vehicles; Magirus, the industry-reputed firefighting vehicle and equipment manufacturer; and IVECO CAPITAL, the financing arm which supports them all. Iveco Group employs approximately 34,000 people around the world and has 29 manufacturing plants and 31 R&D centres. Further information is available on the Company’s website www.ivecogroup.com

Media Contacts:
Francesco Polsinelli, Tel: +39 335 1776091
Fabio Lepore, Tel: +39 335 7469007
E-mail: mediarelations@ivecogroup.com

About Hyundai Motor Company
Established in 1967, Hyundai Motor Company is present in over 200 countries with more than 120,000 employees dedicated to tackling real-world mobility challenges around the globe.
Based on the brand vision ‘Progress for Humanity,’ Hyundai Motor is accelerating its transformation into a Smart Mobility Solution Provider.
The company invests in advanced technologies such as robotics and Urban Air Mobility (UAM) to bring about revolutionary mobility solutions, while pursuing open innovation to introduce future mobility services.
In pursuit of sustainable future for the world, Hyundai will continue its efforts to introduce zero emission vehicles equipped with industry-leading hydrogen fuel cell and EV technologies.

More information about Hyundai Motor and its products can be found at:
http://worldwide.hyundai.com or http://globalpr.hyundai.com

Contact:
Jin Cha
Global PR Team / Hyundai Motor Company
sjcar@hyundai.com
+82 2 3464 2128

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NEP Opens Middle East Office To Serve Region’s Growing Live Broadcast Needs

The global media technology partner expands its presence and investment in the region with new technology solutions, facilities, and talent to support broadcasters, leagues, rights holders and producers in delivering live sport and entertainment.

ABU DHABI, March 06, 2022 (GLOBE NEWSWIRE) — NEP Group, the leading media technology partner for content creators around the globe, announced that it has opened a new office in the United Arab Emirates (UAE) to meet the growing demand for its services, strengthening the company’s investment and presence in the Middle East. Located across from the famed Khalifa Park in Abu Dhabi, NEP Middle East FZ LLC (“NEP Middle East”) will provide a wide range of outside broadcast solutions, including both on-site and remote production services, to enable clients to bring live sports and entertainment to fans and audiences around the region and worldwide.

NEP is expanding on its already extensive experience and work, ranging from covering UAE National Day celebrations and New Year’s Eve concerts, to many sporting events including Indian Premier League (IPL) 2021 and 2022, the International Cricket Council (ICC) Men’s T20 World Cup and T10 Cricket, and Ultimate Fighting Championship (UFC) Fight Island. In addition, NEP’s Creative Technology business provides a full set of live event audiovisual solutions to clients throughout the MENA region.

Saeed Izadi, current head of NEP’s Singapore and India businesses, has been appointed President of NEP Middle East. He will oversee business strategy and operations for all three business units.

NEP also announced that Ammar Hina has joined the company as Business Development Director for the MENA region. Hina brings more than 16 years of industry experience to lead business development and operations NEP Middle East, serving as the key contact for clients, major events and cross-divisional initiatives. Throughout his career in broadcast and TV production, he has worked on some of the most prominent franchises in the sports industry, from FIFA World Cup, FIFA Club World Cup, AFC Asian Cup, UEFA Champions league, and European Qualifiers to the English Premier League live programming.

He joins NEP most recently from The UAE Pro League, the organizing body of the ADNOC Pro League and professional football in UAE. There he served as Director of Broadcast & TV Production where he formulated and oversaw the execution of the broadcast strategy for all competitions, identified market opportunities for content development and distribution channels, managed outside broadcast service provider and media rights holder relationships, and reported on viewership, fan experience, and stadium and venue development.

“I couldn’t be happier to welcome Ammar to NEP to spearhead our efforts for this very important market,” said Izadi. “His expertise is enabling us to build a strong team locally while delivering superior service and innovative solutions for our clients located in the Middle East as well as international clients looking to share the events taking place in this great region with the rest of the world.”

“Being in the Broadcast and TV production industry for many years, joining NEP Group is a huge step for me on both career and personal levels,” Hina said. “In my previous experiences in the industry and around the globe, whenever NEP is mentioned, it means ‘Quality & Clarity’. I always believed that NEP’s presence in the MENA region is needed, and NEP can set higher production standards in MENA. I am very excited to be part or NEP Group!”

Ammar Hina and the NEP Middle East team can be reached via email at ahina@nepgroup.com or by calling +971561102210. To learn more about NEP’s full range of end-to-end solutions or career opportunities with NEP Middle East, visit NEPGroup.com.

About NEP

NEP Group is the leading media technology partner for content creators around the globe. For more than 35 years, we have been delivering innovative products and services that enable our clients to make, manage and show the world their content—anywhere, anytime, on any platform. As a trusted partner working on some of the largest productions in the world, NEP offers a complete set of end-to-end solutions, from content capture to distribution—including a growing portfolio of transformational cloud-based, software-based and virtualized technologies. Our Live Production solutions range from AV services and live audience enhancements to traditional outside broadcast and cutting-edge centralized and cloud production. NEP’s Virtual Production solutions start at the creative stage and end with exceptional execution across ICVFX, augmented reality, LED stages and more. And, our Media Processing solutions provide the tools and products our clients need to ingest, edit, store, search, manage and distribute their digital assets to rights holders across multiple platforms.

Headquartered in the United States, NEP has operations in 25 countries with over 4,000+ employees. Together, we have supported productions in over 100 countries on all seven continents, and we’re still growing. Our clients range from the leaders in sport, music, film and TV, to major corporate brands, agencies, to new content owners and creators all around the world. Learn how we are helping clients bring their creative visions, content, live sports and entertainment to life at nepgroup.com.

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Susan Matis
NEP Group
+1 412 423-1339
press@nepgroup.com

Jordan Conigliaro
NEP Group
+1 412-423-1321
jconigliaro@nepgroup.com
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Chicago-Based Tailwind Services LLC Announces Sale of Secure Messaging Patents

Pursuant to Court Order, Sale of Patents of Loment, Inc. Will Take Place in July

CHICAGO, March 05, 2022 (GLOBE NEWSWIRE) — Chicago-based Tailwind Services LLC announced today that pursuant to an order entered by the Circuit Court of Cook County, Illinois, he will conduct a judicial sale of certain patents related to “secure messaging products” developed by Loment, Inc. Details of the sale included in Tailwind’s notice of sale are as follows:

Sale of Assets: On July 19, 2022, at 10:30 a.m. (Central), Tailwind Services LLC, not individually but solely as the sale agent (“Sale Agent”) in the above captioned case, shall sell at a public judicial sale pursuant to an Order of the Circuit Court of Cook County in favor of the plaintiff judgment holder (the “Judgment Holder”) the Defendant’s right, title, and interest in and to the following U.S. Patents: nos. 10,038,735; 10,009,305; 9,760,867; 9,684,887; 9,331,972; 9,231,900; 8,924,495; 8,880,625; 8,799,386; 8,799,385; 8,150,385; D667,441; D667,440; D667,439; D667,438; D667,437; D667,436; and D667,435 (collectively, the “Patents”). The Patents are the intellectual property rights of the Defendant for “secure messaging products” for use by retailers and others to permit mobile device chat communications with customers, with security features similar to those used by users on social media platforms, for enterprise-driven applications. The secure messaging products enable brands to easily and rapidly integrate privacy, security and identity management into their current infrastructure. The target audience for these products is FinTech, HealthTech, GovTech and InsureTech companies. The sale would also include a non-exclusive copy of the source code (the “Source Code”) for these applications. Interested parties should contact the Sale Agent below for additional information regarding the sale and the Assets.

Terms and Conditions: At the sale, all of the Patents, a non-exclusive copy of the Source Code and any and all “white papers” or other documents in the Sales Agent’s possession  (collectively, the “Assets”) will be sold in a single lot. The Assets are not offered separately at this time. The Sale Agent makes no representations or warranties whatsoever, including merchantability or fitness for a particular purpose, as to the condition or value of the Assets, and the sale is “AS IS, WHERE IS.” As a condition to participate in the sale, bidders (other than the Judgment Holder) must submit an initial written bid and post a $10,000 deposit via bank or cashier’s check by the close of business on July 12, 2022.  Initial written bids shall clearly state they are “all-cash bids”, have no contingencies and be addressed to Sale Agent at the address listed below. All potential bidders are advised that the Judgment Holder intends to submit an initial credit bid in the amount of $200,000 and may increase its credit bid up to the full amount of its judgment plus accrued interest totaling approximately $1,000,000. The written bids shall include the bidder’s financial statements and other information sufficient to support the financial ability of the bidder to close the sale in the full amount said bidder intends to bid. The sale will be conducted by the Sale Agent via Zoom, and Zoom instructions will be provided to all qualified bidders and any shareholder, creditor or interested party of Defendant prior to the sale. The higher of (a) the Judgment Holder’s initial credit bid or (b), a competing cash bid will be the opening bid at the live auction sale. Minimum increments for further bids will be announced by the Sale Agent at the time of the sale. Following the conclusion of the bidding process, the Sale Agent will announce the winning bid and the next highest bid as a backup bid, and he shall retain the deposits of each, and release the deposits of all other bidders. Within three (3) business days of the conclusion of the sale, the Sales Agent shall present the sale to the Circuit Court of Cook County for approval. The final sale price must be paid by successful bidder in full by cashier’s check, wire transfer or other means satisfactory to the Sale Agent at the closing. No closing shall take place until and unless the sale is approved by Order of the Court, and all sale proceeds shall be deposited by successful bidder with the registry of the Circuit Court of Cook County and shall be held pending further order of Court. The closing shall take place within five (5) business days of the entry of the Order approving the sale. If the successful bidder fails to pay the balance of the purchase price at closing, the initial deposit will be forfeited and, at the Sale Agent’s option, the Assets may be sold to the next highest bidder without prejudice to or waiver of any rights and remedies against the defaulting bidder. Any creditor, shareholder or other interested party of Defendant may attend and observe the sale via Zoom.

Interested parties should contact the Sale Agent below for additional information regarding the sale and the Assets.

Sale Agent

Gregg Szilagyi

Tailwind Services LLC

209 South LaSalle Street

Chicago, Illinois 60601

gs@tailserv.com

 

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Tim Davis Announces $75M Oceanfront Property Now for Sale

Nearly 10 acres of oceanfront property with bay views

Conceptual Site Plan

Conceptual Site Plan

SOUTHAMPTON, N.Y., March 04, 2022 (GLOBE NEWSWIRE) — It starts with a strong vision. More than creating the home of one’s dreams, the opportunity to create a legacy doesn’t come along often. “That is why we are extremely honored to offer one of the most prized, oceanfront lots in all of the Hamptons to build a once-in-a-lifetime estate for generations to come,” mentions Tim Davis of the Corcoran Group.

“I’ve devoted my entire career to high-end residential real estate. Say what you will about this business, but I’ve always found that there’s truth in numbers, and this listing is the real deal,” says Tim. Sprawling across nearly 10 acres between the Atlantic Ocean and Shinnecock Bay, 1320 Meadow Lane is the largest single lot on the ocean in Southampton Village. “We aren’t talking currently for sale, but period,” he notes. In addition to being located on the “sweet spot” of the exclusive, peninsular road, the parcel’s 550-foot width and 750-foot depth are extremely rare for this part of the East End. Its ocean frontage spans 550 feet for epic water views from sunrise to sunset. Spectacular, bay views and deeded bay access for watersports also celebrate what makes living in the Hamptons so special. The serenity here is golden.

The vacant lot’s position along the renowned Meadow Lane provides privacy and distance from public beach access, while being close enough to enjoy local services and hot spots. Its magnificent dunescape further fortifies a sense of protective seclusion, and the dunes’ elevation allows for straight-on ocean views. A piece of land of this magnitude makes the imagination run wild. Tim states, “Of course, there are so many incredible architectural styles to tap into within our region however, we selected this modern, open-air concept by Brazilian architect Leandro Francis as one vision and muse for the property’s endless possibilities. His futuristic design features soaring wings like a bird about to take flight.” Natural light pours through enormous windows that take full advantage of the sweeping water views. The sound of the ocean waves echoes through Cantilevered roofs, brise-soleil and diagonal concrete columns beautifully reflect the work’s signature elements.

It’s an ideal setting to add all of the luxury amenities that a project of this level deserves. So, let one’s mind wander and see where it goes.

Please inquire about private confidential viewings. Just offered exclusively. $75,000,000.00

For more information, please contact:

Tim Davis, Licensed Associate Real Estate Broker

Corcoran Group Real Estate
24 Main Street Southampton, NY 11968
T: +1 631.702.9211 or +1 516.356.5736
E: tgdavis@corcoran.com
W: www.timdavishamptons.com

To view the listing, Click Here.

Related Images

Image 1: Conceptual Site Plan

Conceptual Rendering

This content was issued through the press release distribution service at Newswire.com.

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FBPC Organises 2021 National Boules and Petanque Championships

The Federation of Boules and Petanque of Cambodia (FBPC) is organising the 2021 National Boules and Petanque Championships.

The opening of the competition took place in the morning of Mar. 4 under the presidency of the federation’s President and Secretary of State at the Ministry of Education, Youth and Sports H.E. Sar Sokha.

According to H.E. Prum Bunyi, Deputy Secretary General of FBPC, the competition aims to develop the capacity of Cambodian athletes and select the best ones for the 2023 SEA Games to be hosted by Cambodia.

It is also to promote the development of the boules and petanque sport in Cambodia, he added.

Lasting from Mar. 4 to 6, the event attracts the participation of 189 athletes and 59 delegates and coaches.

The contest comprises 6 subjects including men and women beating for scores, men 3 vs 3, women 3 vs 3, youth 1 vs 1 and young women 1 vs 1.

Source: Agency Kampuchea Press

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