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Miroma Project Factory wins Australia’s International Good Design Awards for Excellence in Design and Innovation for StandingTall.

SYDNEY, Oct. 16, 2025 /PRNewswire/ — The Australian Good Design Awards, one of the world’s longest-running international design award programs, has announced this year’s Winner of the Australian Good Design Award for Rewarding, Defining, and Celebrating Good Design.

Miroma Project Factory wins the Australian Good Design Award for Social Impact, empowering older Australians to live actively and age healthier.
Miroma Project Factory wins the Australian Good Design Award for Social Impact, empowering older Australians to live actively and age healthier.

This year’s theme, “Design for Better“, underscores the vital role design plays in shaping a more balanced, inclusive, and sustainable world. From reimagining products and services to reshaping cities and systems, the Awards showcase how design has the power to drive positive change for people, planet, and prosperity.

 “We are incredibly proud that StandingTall: Live Actively, Age Healthier has been recognised with a Good Design Award in the Social Impact category. This accolade reflects years of collaboration with Professor Kim Delbaere, NeuRA and UNSW to translate world-class research into a warm, accessible, and life-changing tool for older Australians. As the Commercial Lead on this project since its inception, I am personally thrilled to see the impact of our work recognised at this level. At Miroma Project Factory (MPF), we believe design is at its best when it empowers independence and wellbeing, and StandingTall is proof of how technology and thoughtful design can deliver measurable impact at scale.” Kat Robinson CEO MPF

StandingTall: Live Actively, Age Healthier, recognised as the Winner of the prestigious Australian Good Design Award Winner accolade in the Social Impact category.

“StandingTall empowers older Australians with a science-backed tablet app delivering tailored balance exercises, proven to reduce falls by 16% and injurious falls by 20%. In partnership with NeuRA and UNSW, clinical protocols have been translated into an engaging, warm design that inspires independence at home. Smart, innovative and impactful health design.” Jury Comments

Record-Breaking Year for Design Excellence

Rachel Wye, Managing Director of Good Design Australia, reflects on the calibre of this year’s entries: “The standard of Award Winners in this year’s Australian Good Design Awards was the highest on record, with game-changing projects that push the envelope of good design, design innovation and design impact. These Awards clearly demonstrate the transformational power of design to create a better and more sustainable future.”

About the Australian Good Design Awards

The Awards recognise design excellence from around the world, across 13 Design Disciplines and more than 35 categories, spanning the built environment, product design, engineering, digital, social impact, policy design and many more categories.

The 2025 Australian Good Design Awards Ceremony will take place on Friday 17 October, at the International Convention Centre (ICC) Sydney, where more than 1,000 distinguished guests from design, architecture, engineering, and business sectors will come together to celebrate the transformational power of good design.

Each entry undergoes a rigorous evaluation by over 80 international Jurors, assessed against three core criteria: Good Design, Design Innovation, and Design Impact. With a proud heritage dating back to 1958, the Australian Good Design Awards remain the nation’s oldest and most prestigious international design accolade, continuing to champion the critical role of design in shaping a brighter, fairer, and more sustainable future.

View the Award-Winning Project here: https://www.theprojectfactory.com/projects/st-rebrand 

 About Miroma Project Factory

Miroma Project Factory (MPF) is a multi-award-winning digital production and development studio, specialising in delivering ground-breaking interactive digital products across web, mobile, social media, and gaming platforms. As a female-led business recognised by Women Love Tech for creating an amazing workplace, MPF’s reputation is built on producing transformative solutions in health, broadcast, and entertainment, with a specialisation in gamification for behaviour change. Visit www.theprojectfactory.com to learn more. https://www.theprojectfactory.com/projects/standing-tall

For media inquiries, interviews, or partnership opportunities, please contact:

Miroma Project Factory
info@theprojectfactory.com 

The World’s Only SK hynix Leveraged Exchange Traded Product Debuts in Hong Kong Today

HONG KONG, Oct. 16, 2025 /PRNewswire/ — CSOP Asset Management Limited (CSOP), one of Asia’s premier Exchange Traded Product (ETP) issuers, announces the launch of the CSOP SK Hynix Daily (2x) Leveraged Product (stock code: 7709.HK) on the Hong Kong Stock Exchange (HKEX) on 16 October 2025. This follows the successful listing of leveraged and inverse products tracking its peer, Samsung Electronics, in May 2025. The CSOP SK Hynix Daily (2x) Leveraged Product is the world’s only leveraged exchange traded product tracking SK hynix, designed to empower investors to seize the upside of one of Korea’s most illustrious stocks during Asian trading hours.

CSOP SK Hynix Daily (2x) Leveraged Product (7709.HK)
CSOP SK Hynix Daily (2x) Leveraged Product (7709.HK)

As a major chip supplier to Nvidia, SK hynix’s revenue soared to 22.23 trillion KRW (~equivalent to 15.86 billion USD), representing an exponential 35% year-over-year surge[1]. In particular, 2025 is a banner year for SK hynix stock, with its return skyrocketed to a phenomenal 145% year-to-date[2]. Riding a wave of exuberant optimism driven by rapid AI development and the booming semiconductor industry in recent years, investors are doubling down on SK hynix with an average daily turnover of 824.90 billion KRW (~ equivalent to 588.73 million USD) in 2025[3]. Its 1-year total turnover reached 194 trillion KRW (~ equivalent to 140 billion USD), ranking #2 on Korea Exchange’s top 10 list and trailing only Samsung Electronics[4].

In order to track the two times daily performance (before fees and expenses) of the common stock of SK hynix, the product deploys a swap-based synthetic replication strategy, with listing price of about 7.8 HKD (1 USD) per unit, trading lot of 100, and management fee of 1.6% of the ETP’s net asset value per year. CSOP SK Hynix Daily (2x) Leveraged Product offers an amplified exposure with several advantages, including no margin calls, zero collateral requirements, no financing costs, transparent pricing, and capped maximum leverage.

“We are pleased to announce the listing of CSOP SK Hynix Daily (2x) Leveraged Product on the Hong Kong Stock Exchange,” Said Ms. Ding Chen, CEO of CSOP Asset Management. “As a leading ETF issuer in the dynamic APAC region with a 98% market share in leveraged and inverse products in Hong Kong, CSOP is committed to offering diversified investment options[5]. The introduction of the only SK hynix leveraged exchange traded product globally in Hong Kong offers opportunities to double gains on SK hynix’s meteoric growth in AI-driven semiconductor market.”

Tied to innovation and growth, SK hynix’s product line includes DRAM, NAND flash memory, and SRAM chips. It captured the lion’s share of DRAM market with 36% in Q2 2025, surpassing all competitors[6]. From 2020 to 2024, the compound annual growth rate (CAGR) of its yearly revenue, operating income, and net income reached 20%, 54%, and 58%[7]. Leading the charge in semiconductor, SK hynix is ambitiously growing into a full stack AI memory provider. SK hynix has expanded into the NAND business through an 8.84 billion USD acquisition of Intel’s NAND business in March 2025[8]. Additionally, SK hynix unveiled a spending plan to keep pace with the HBM market expansion. TrendForce reported that SK hynix’s 2025 capex is set to reach 23.44 trillion KRW (~equivalent to 16.97 billion USD), a striking 30% upswing over prior forecasts[9].

About CSOP Asset Management
For over a decade, CSOP has successfully established itself as one of the leading ETF issuers in Hong Kong, with second largest AUM and demonstrated innovative product development. As of 30 September 2025, the total AUM of CSOP reached 28.6 billion USD by building a healthy ETF ecosystem and managing 62 ETPs and 4 mutual funds in Hong Kong and Singapore markets*. In 2025, 5 out of the top 10 most actively traded ETFs/ETPs in Hong Kong are managed by CSOP**.

Asia’s First batch of Single Stock Leveraged & Inverse Products on HKEX

Product Name

HKD counter

USD counter

CSOP NVIDIA Daily (2x) Leveraged Product

7788.HK

9788.HK

CSOP NVIDIA Daily (-2x) Inverse Product

7388.HK

9388.HK

CSOP Tesla Daily (2x) Leveraged Product

7766.HK

9766.HK

CSOP Tesla Daily (-2x) Inverse Product

7366.HK

9366.HK

CSOP Coinbase Daily (2x) Leveraged Product

7711.HK

9711.HK

CSOP Coinbase Daily (-2x) Inverse Product

7311.HK

9311.HK

CSOP MicroStrategy Daily (2x) Leveraged Product

7799.HK

9799.HK

CSOP MicroStrategy Daily (-2x) Inverse Product

7399.HK

9399.HK

CSOP Berkshire Daily (2x) Leveraged Product

7777.HK

9777.HK

CSOP Samsung Electronics Daily (2x) Leveraged Product

7747.HK

9747.HK

CSOP Samsung Electronics Daily (-2x) Inverse Product

7347.HK

9347.HK

*Source: CSOP
** Source: Bloomberg, from 1 January 2025 to 30 June 2025

Disclaimer and Important Notices

NONE OF THE SUB-FUND (“SUB-FUND”) MENTIONED IN THIS DOCUMENT OR MARKETING MATERIAL (THIS “DOCUMENT”), CSOP LEVERAGED AND INVERSE SERIES AND CSOP ASSET MANAGEMENT LIMITED (“CSOP”) ARE AFFILIATED WITH THE CORRESPONDING COMPANY OF THE UNDERLYING SECURITY OF THE SUB-FUND (THE “CORRESPONDING COMPANY”).

The Corresponding Company do not sponsor or endorse the offering of the Sub-Fund, nor is it involved with the Sub-Fund in any way. Investing in the Sub-Fund is not equivalent to investing in the Corresponding Company. Investors have no ownership rights in the Corresponding Company. Investors in the Sub-Fund will not have voting rights and will not be able to influence management of the Corresponding Company but will be exposed to the performance of the relevant security of the Corresponding Company.

This document is for general information only and does not constitute any kind of advice in any way and shall not be considered as an offer or solicitation to deal in any investment products. If you wish to receive advice on investment, please consult your professional legal, tax and financial advisers.

Investment involves risks. Investors should refer to the Prospectus and the Product Key Facts Statement for further details, including product features and risk factors. Investors should not make investment decisions based on this document alone. This document is not applicable in jurisdictions where the distribution of this document is restricted.

This document is not legally binding. CSOP takes no responsibility for the contents of this document and expressly disclaim any liability for any loss arising from or in reliance upon the whole or any part of the contents of this Document. This document does not confer upon the recipient any copyright or intellectual property rights (whether direct, indirect, or implied) in the use of the information contained herein. Any information or any part of this document should not be copied, reproduced, or distributed to any parties without the written consent of CSOP.

The Sub-Fund is a leveraged product. It is different from conventional exchange traded funds as it seeks leveraged investment results relative to the underlying stock and only on a daily basis.

The Sub-Fund is concentrated in a single underlying stock. Given the non-diversified and leveraged nature, the Sub-Fund is subject to extreme price volatility and may become non-viable within a short period. You may lose a significant portion or all of your investment within one day. Under exceptional circumstances where the Sub-Fund becomes non-viable, CSOP may use its discretion to deviate from the investment strategy or take defensive measures, which may include liquidating swap positions and suspending trading of the Sub-Fund and CSOP will issue a notice to inform investors.

The Sub-Fund is not intended for holding longer than one day as the performance of the Sub-Fund over a longer period may deviate from and be uncorrelated to the leveraged performance of the underlying stock over the period.

The Sub-Fund is designed to be used for short term trading or hedging purposes, and is not intended for long term investment.

The Sub-Fund only targets sophisticated trading-oriented investors who understand the potential consequences of seeking daily leveraged results and the associated risks and constantly monitor the performance of their holdings on a daily basis.

This document is prepared and issued by CSOP and has not been reviewed by the SFC in Hong Kong.

[1] Source: Bloomberg, as of Q2 2025.

[2] Source: Bloomberg, as of 15 October 2025.

[3] Source: Bloomberg, as of 31 July 2025.

[4] Source: Korea Exchange, 30 August 2024-29 August 2025.

[5] Source: Bloomberg, 1 January 2025-30 June 2025. 

[6] Source: TrendForce.

[7] Source: SK hynix.

[8] Source: Nikkei Asia.

[9] Source: Bloomberg, as of 9 September 2025.

 

Blokees Debuts New Products at the 2025 China Toy Expo, Continuing to Advance Product Competitiveness

SHANGHAI, Oct. 16, 2025 /PRNewswire/ — From October 15 to 17, 2025, Assembly Character Toys brand Blokees made its debut at the 2025 China Toy Expo. Blokees exhibited its two major categories “Blokees Model Kits” and “BLOKEES WHEELS”, and more than 100 products based on nearly 30 world-renowned IPs including Ultraman, Transformers, DC, and Sanrio. This highlighted Blokees’ product ecosystem, which is designed to cater to the needs of global players.


Blokees debuted several new series under its key product line, HERO10. These included the Transformers Galaxy Version 09 – Darkest Hour, as well as new series from Saint Seiya and Kamen Rider. Additionally, the exhibited DC Defender Version 01-Legendary Batman Assemble marked the first commercialization of DC in Blokee’s Defender Version.

Significant attention was drawn to Blokees’ Champion and Legend series, which are designed for model kit collectors aged 16 and above. The exhibition included nearly 50 Blokees Model Kits from globally famous IPs such as EVANGELION, Saint Seiya and Transformers, with new products accounting for more than 70% of the exhibits.

Blokees’ series “daadoos” targets the female consumer market and is continuously enriching its series. Except for FUN, DREAM, MATE, ART series, the new series NEST was unveiled at the China Toy Expo for the first time, with The Powerpuff Girls being commercialized in it.

At the expo, BLOKEES WHEELS, a new product category officially launched at WF 2025, was displayed with more abundant products. The C Series, aimed at general IP fans, featured designs from Ultraman. The E Series, targeting adult IP enthusiasts, exhibited products based on the Fast & Furious. Notably, this marked Blokees’ first commercialization of the Fast & Furious.

During the 2025 China Toy Expo, Blokees also exhibited outstanding modified BFC works, demonstrating a profound co-creation spirit between the brand and its players. Furthermore, Blokees also held a two-day offline BFC Creation Contest during the concurrently held related expo. Participants enthusiastically joined six themed competitions based on their interests.

In the future, Blokees will persistently provide global players with abundant and high-quality products, striving to deliver superior experiences and the fun of building.

Pioneer in International Bilingual Education: YK Pao School Hong Kong to Open in September 2026.

HONG KONG, Oct. 16, 2025 /PRNewswire/ — The YK Pao Education Foundation, established to continue the philanthropic legacy of the esteemed shipping magnate and philanthropist Sir YK Pao, proudly announces the planned launch of its new international school in Hong Kong.*

This initiative builds on the success of its inaugural bilingual school, established in Shanghai in 2007. The new not-for-profit school aims to serve both non-local and local families with children aged 6 to 15, fostering global perspectives through a rich bicultural education.

Situated at 4 Rose Street, Kowloon Tong, a well-regarded educational hub in Hong Kong, the school will encompass more than 8,000 square meters of state-of-the-art facilities and green spaces, after the extensive rebuilding of a school site awarded to the Foundation by the Hong Kong SAR Education Bureau.* This includes the development of a new teaching and learning building, anticipated to be completed in 2028.

Cultivating Bicultural Thinkers for a Global Outlook

YK Pao School is known for its one-of-a-kind Putonghua-English immersive bilingual programme and whole person educational approach. The school in Shanghai has consistently been recognised as the number one bilingual school in the past six consecutive years by both the Hurun Report and Forbes China. The school’s international pathway, coupled with rigorous academic standards in both Putonghua and English, has led to a 100% bilingual International Baccalaureate Diploma (IBDP) achievement rate. Graduating students have successfully gained admission to top universities, including Ivy League universities, Oxford, Cambridge, Caltech, and other top 30 universities worldwide.

“As we launch our new school in Hong Kong, we are excited to bring our proven educational model to nurture the next generations of pioneers. We believe that education transcends knowledge acquisition; it is about nurturing well-rounded individuals who are equipped with skills in problem solving and communication. Our innovative bilingual program aims to not only foster bicultural understanding but also inspires creativity, joy of learning, and a lifelong purposeful living,” said Anna Pao Sohmen, Founder of the YK Pao Education Foundation.

Upholding the ethos of “Learning with Joy, Living with Purpose” the school is committed to cultivating a vibrant learning community that promotes academic excellence, Chinese cultural fluency and emotional well-being. The school’s curriculum is designed to foster curiosity, creativity, critical thinking and reflection ability in young learners. YK Pao School Hong Kong is in the process of becoming an IB candidate school and plan to offer primary year program with enhanced courses in Putonghua and Mathematics.** Students will be offered the opportunity to continue their senior years at YK Pao School Shanghai’s  Boarding programme as well as other pathways to further studies in Hong Kong and overseas.

High School Campus in Songjiang District
High School Campus in Songjiang District

 

YK Pao School Shanghai is recognised for its innovative immersive bilingual programme and strong focus on character education, nurturing well-rounded students.
YK Pao School Shanghai is recognised for its innovative immersive bilingual programme and strong focus on character education, nurturing well-rounded students.

 

A student from Shanghai school triumphed in the Cadet Men's Foil of the Junior & Cadet Fencing World Championships held in Saudi Arabia in 2024.
A student from Shanghai school triumphed in the Cadet Men’s Foil of the Junior & Cadet Fencing World Championships held in Saudi Arabia in 2024.

 

Students from YK Pao School Shanghai, who won this year’s global robotics competition.
Students from YK Pao School Shanghai, who won this year’s global robotics competition.

In Response to the Rising Demand for Quality Bilingual Education, YK Pao School Hong Kong is Poised to Welcome Its First Cohort in 2026*

To address the increasing demand for high-quality bilingual education, YK Pao School Hong Kong will welcome the first cohort of new students at its Kowloon East campus* , with plan to grow into Rose Street campus. Starting in September 2026, YK Pao School Hong Kong will initially offer classes for Years 1 to 3, delivering a comprehensive bilingual educational programme designed to establish a robust foundation for the young learners.*

“As we witness a remarkable surge in the demand for high-quality bilingual education, we are committed to taking this important step in Hong Kong. Our immersive bilingual programme is designed to benefit children at a formative age, equipping them with essential linguistic skills and cultural awareness to grow along the academic journeys,” said Philip Pao Sohmen, Co-Founder of the YK Pao Education Foundation.

Further details regarding the new school will be made available on the YK Pao School Hong Kong website.

The first information session is scheduled for 24 October, 2025 (Friday) at Conrad Hotel Hong Kong in Admiralty. Interested families are encouraged to register at https://forms.office.com/r/QibuVZEtBd. The Foundation eagerly anticipates to welcome students and families into the vibrant community of YK Pao School Hong Kong.

* Subject to HKSAR Education Bureau Approval and Registration
** Subject to the Approval from International Baccalaureate Organization and HKSAR Education Bureau

Website: www.ykpaoschool.hk

Photo: 2023-2025 Major University Offers of YK Pao School Shanghai
Photo: 2023-2025 Major University Offers of YK Pao School Shanghai

Corero Network Security Selected by XLC to Bolster DDoS Defenses Across New APAC Sites

LONDON, Oct. 16, 2025 /PRNewswire/ — Corero Network Security (AIM: CNS) (OTCQX: DDOSF), a recognized leader in DDoS protection and champion of adaptive, real-time service availability, today announced that XLC has selected Corero to deploy on-premises DDoS protection across five new Asia-Pacific sites, reinforcing its commitment to uninterrupted service and resilient infrastructure for its high-demand customers.

XLC, known for its enterprise-grade network infrastructure and hosting solutions, supports mission-critical workloads across fintech, gaming, and media streaming. The company required a resilient, low-latency mitigation solution to complement existing clean-pipe protections and enhance visibility and responsiveness to evolving threats.

Carl Herberger, CEO at Corero Network Security, said, “We’re proud to support XLC’s growth in APAC. Eric Lo and his team are building something exceptional, and we’re honored to help protect the resilience and availability that power their customers’ businesses. This partnership reflects the strength of our long-term relationship and our shared drive for operational excellence.”

Corero’s ability to ensure real-time availability with minimal disruption was key to the selection. As a trusted long-term partner, Corero has consistently delivered proven performance and reliable support. This reinforced XLC’s confidence in the solution and highlighted the strategic value Corero brings to providers in high-growth digital markets.

“Partnering with Corero was one of the most critical decisions we’ve made for our cybersecurity posture,” said Eric Lo, CEO at XLC. “The solution has proven its worth continuously, allowing us to mitigate DDoS attacks seamlessly and with minimal intervention. Their outstanding support gives us immense confidence and truly allows us to operate with greater peace of mind.”

The deployment supports XLC’s expansion across APAC and reflects growing demand among infrastructure providers for integrated, real-time DDoS protection that safeguards customer experience and business continuity.

About Corero Network Security 

Corero Network Security is a leading provider of DDoS protection solutions, specializing in automatic detection and protection solutions with network visibility, analytics and reporting tools. Corero’s technology protects against external and internal DDoS threats in complex edge and subscriber environments, ensuring internet service availability. With operational centers in Marlborough, Massachusetts, USA, and Edinburgh, UK, Corero is headquartered in London and listed on the London Stock Exchange’s AIM market (ticker: CNS) and the US OTCQX Market (OTCQX: DDOSF). 

About XLC

XLC is a premium provider of enterprise-grade network infrastructure and hosting solutions with a focus on performance, reliability, and global reach, particularly across the Asia-Pacific region. Its strategically located data centers and compliance-ready infrastructure support mission-critical workloads in sectors such as fintech, gaming, and media streaming.

ALVAREZ & MARSAL LAUNCHES IN JAPAN WITH HIRING OF SIX MANAGING DIRECTORS TO STEER SERVICE SUITE OFFERING

Firm opens offices in Tokyo and Osaka as demand grows for differentiated consulting services 

TOKYO and OSAKA, Japan, Oct. 16, 2025 /PRNewswire/ — Leading global professional services firm Alvarez & Marsal (“A&M”) announces its formal footprint in Japan with new offices in Tokyo and Osaka and the hiring of 14 professionals, including six Managing Directors and eight supporting staff, all hailing from the market’s largest competitor firms. A&M’s expansion into Japan (“A&M Japan”) underpins the firm’s continued build of service points in Asia’s financial hubs and reflects the growing need and resulting opportunity for challenger consultancies to offer diversified services in the Japanese market.

Building on its over 40-year heritage of premier operational, restructuring and advisory services, A&M Japan opens with M&A transaction professionals who bring deep local and cross-border expertise in financial, accounting, tax and corporate finance in Japan. This team serves as the foundation of A&M Japan and will be expanded upon with additional professionals to address the needs of the restructuring and operational performance improvement markets.

Joining A&M Japan in its opening stage is Daisaku Nonaka, Managing Director and Japan Leader for A&M’s Global Transaction Advisory Group (“Global TAG”), based in Tokyo. Most recently a Partner with Deloitte Japan and head of its private equity unit, Mr. Nonaka brings two decades of transaction-related experience advising private equity and strategic buyers in the Japanese market. Mr. Nonaka will spearhead Global TAG’s service line expansion in the country and A&M Japan’s collaboration in cross-border transactions across the firm’s Asia-Pacific region and other primed markets. Serving alongside Mr. Nonaka in Tokyo is Managing Director Teppei Matsuda, also previously a Partner of Deloitte Japan, with additional support staff based in Tokyo and Osaka who join A&M from former roles with Deloitte Japan and PwC Japan, respectively.

As the Japanese business corridor evolves and expands for both locally based multinationals and global companies, the need for tax advisory continues to rise. To help meet this demand, joining to lead A&M’s Tax practice in-country is Managing Director Ichiro Suto, formerly a Partner with EY Japan and recognized luminary in the field with 30+ years’ experience in international tax advisory with specialty in financial services. Based in Tokyo, Mr. Suto will lead a team of local tax experts, joining a growing network of A&M tax professionals across the Asia-Pacific region. The in-country build will be further supported by fellow Managing Director Yoshiaki Uno, also formerly of EY Japan, and Managing Director Koichi Hattori, a former Partner with Deloitte Japan, who will also serve as Head of Transaction Tax Services for A&M Japan.

Finally, in unison, market leader Takeshi Kon joins A&M Japan as Managing Director of its Corporate Finance practice; previously of Deloitte Japan, Mr. Kon is a 25-year veteran of Nomura Securities, with additional prior roles held at EY Japan and IR Japan.

Collectively, this founding group will extend A&M’s global business model and integrated platform to the Japanese market, with concentration on the firm’s service priorities of providing leadership, action and results for clients.

Bryan Marsal, Co-founder and Co-CEO of A&M, remarked on the significance of the entry: “The business landscape in Japan is seeing increased activity in restructuring, divestitures and cross-border M&A transactions – which demands a different type of consultancy, one that bridges global reach with hyper-local expertise and offers nuanced, value-driven solutions. A&M embodies that difference. Our entry in Japan is not simply a milestone for our firm – it signifies a shift in the market that presents a clear opportunity for challenger consultancies to offer a differentiated service. Since the beginning of A&M, we’ve followed client demand into markets where our experience can make a difference. As one of the world’s largest economies, Japan is the natural next hub within A&M’s operational build in Asia, bridging our globally integrated platform with leading local market expertise and freedom from audit conflicts to bring a diversified, results-driven approach to clients in Japan.”

Paul Aversano, Managing Director and Global Practice Leader of Global TAG, who provides oversight of A&M’s operations in Japan, stated: “With the recalibration happening in the Japanese consulting industry – the shift has crystalized the opportunity for a challenger, differentiated model like A&M’s to formalize a presence in this market and better meet client needs – both for Japanese multinationals seeking top local expertise with the backing of the A&M global network, as well as global enterprises that are active in the market. The founding team we’ve both sought-out and attracted to start A&M Japan is exemplary of our core talent investment strategy: selecting the top local market leaders with track-records of client-centric service of the highest quality, who share our entrepreneurial mindset and commitment to value creation. With this leading team – backed from day-one by our globally integrated network – we are positioned as the most formidable challenger consultancy in the Japanese market.”

Daisaku Nonaka, added: “A&M’s global network of experts fortifies our ambition to build a strong, sustainable business that reflects international best practices and Japanese market expertise. With extensive industry knowledge across multiple sectors, a legacy of operational excellence, and senior-led client engagement teams – we ensure the delivery of customized solutions that generate value. By embedding A&M’s global culture while building local depth, we aim to become the trusted advisor of choice for Japanese corporates, private equity and multinationals.”

About Alvarez & Marsal

Founded in 1983, Alvarez & Marsal is a leading global professional services firm. Renowned for its leadership, action and results, Alvarez & Marsal provides advisory, business performance improvement and turnaround management services, delivering practical solutions to address clients’ unique challenges. With a world-wide network of experienced operators, world-class consultants, former regulators and industry authorities, Alvarez & Marsal helps corporates, boards, private equity firms, law firms and government agencies drive transformation, mitigate risk and unlock value at every stage of growth.

To learn more, visit: AlvarezandMarsal.com.

 

GBG to introduce acceptance of mobile driver licences (mDLs) in Australia, powered by MATTR

New option brings faster, high-assurance verification with selective disclosure; GBG’s market-leading licence checks to support mDLs as jurisdictions roll out digital credentials.

SYDNEY, Oct. 16, 2025 /PRNewswire/ — Today, GBG, a global identity technology business enabling safe and rewarding digital lives, announced it will introduce acceptance of mobile driver licences (mDLs) across its checks, powered by digital identity company MATTR. The enhancement gives organisations a more convenient, privacy-respecting and high-assurance way to verify attributes about a person such as age, identity details or licence status, without oversharing personal data.

This step positions GBG and MATTR at the forefront of a growing consumer-led shift toward digital credentials, as more Australian jurisdictions roll out support for mDLs based on ISO/IEC 18013 Parts 5 and 7. These emerging standards unlock breakthrough user experiences such as tap-to-share interactions at point of service or secure digital verification via websites, designed to give people greater control over their personal information.

The move also comes amid a shifting regulatory landscape. In its recent consultation paper, the Australian Communications and Media Authority (ACMA) proposed the use of digital identity as a more robust method for verifying prepaid SIM purchases. This, and other signals from government and industry, reflect growing momentum for a national digital identity ecosystem, with mDLs emerging as a key building block.

Why it matters

More convenient: People can verify in seconds from a phone without physical copies or manual typing of identity information.
Privacy-respecting: Share only the attributes needed (for example, “over 18” or name plus licence number) with cryptographic proof, reducing the exposure of full identity data.
High assurance: Digital credentials can be cryptographically verified to confirm authenticity and detect tampering, strengthening compliance and fraud controls.

How it works

GBG will enable its customers to accept mDLs within existing licence-check workflows. MATTR’s technology verifies the authenticity and integrity of the mDL and returns the specific attributes requested by the relying party, subject to jurisdictional support and customer configuration. This keeps processes familiar for GBG customers while adding a modern, privacy-forward option for people presenting their licence.

“Australians expect verification to be fast and respectful of their privacy. By introducing mDL acceptance, we’re making driver licence checks simpler for people and stronger for businesses. This initiative is part of GBG’s global approach to support digital identities, building on our work with mDLs in the US and digital ID schemes across Europe,” said Gus Tomlinson, GBG Chief Product & Technology Officer. “We chose MATTR to power this capability because of their track record in secure digital identity and their ability to scale with GBG’s global footprint.”

“We’re proud to support GBG’s market-leading checks with verifiable, privacy-preserving technology,” said Claire Barber, MATTR Chief Executive. “As more jurisdictions adopt mobile credentials, GBG’s customers can move quickly, confident the experience is friction-light for users and high-assurance for verifiers.”

Availability

mDL acceptance is now available for GBG to demonstrate to customers how it can be included in their customer onboarding process, with broader availability as mDLs become supported by issuing authorities across Australia and other markets.

About mobile driver licences (mDLs)

An mDL is a digitally issued version of a driver licence that allows people to prove specific information from their licence, often with on-device security and cryptographic verification, supporting privacy-by-design use cases such as confirming legal age without revealing date of birth.

The mDL technology standards, ISO/IEC 18013-5 and 18013-7, define how these credentials can be used both in-person (via NFC or QR code scanning) and online (via digital sharing). This standard enhances accessibility and strengthens security, and supports participation in an interoperable digital identity ecosystem. Support and features vary by jurisdiction.

About GBG

GBG is the leading expert in global identity and location tech, enabling safe and rewarding digital lives for genuine people, everywhere. 

For over 30 years, we have combined global data with our innovative technology to make sure that genuine people everywhere can digitally prove who they are and where they live.

We are an essential ingredient that protects against digital crime, strengthens business resilience and drives responsible growth, at scale, across a diverse range of sectors. Today, our team of over 1,100 people serve more than 20,000 customers globally.

GBG is a publicly traded company (LSE: GBG). Find out more at www.gbg.com and follow us on LinkedIn and X.  

About MATTR

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PENTAX Medical Announces Sale of C2 CryoBalloon™ Product Line to Merit Medical Systems through Asset Purchase Agreement

Transaction supports PENTAX Medical’s strategic focus on core flexible reusable endoscopy

MONTVALE, N.J., Oct. 16, 2025 /PRNewswire/ — PENTAX Medical, a division of HOYA Group and a global leader in flexible reusable endoscopy, today announced an asset purchase agreement with Merit Medical Systems, Inc. (NASDAQ: MMSI), a global leader of healthcare technology, for the acquisition of the C2 CryoBalloon™ technology.

This strategic move allows PENTAX Medical to sharpen its focus on core endoscopic solutions while fostering deeper clinical partnerships.  

The C2 CryoBalloon™ has been part of PENTAX Medical’s therapeutic portfolio since 2017, offering a minimally invasive option to treat patients suffering from Barrett’s Esophagus and other gastrointestinal disorders. The minimally invasive device delivers controlled cryotherapy to ablate unwanted tissue while preserving surrounding structures. Under Merit Medical’s stewardship, the technology is expected to reach new levels of adoption and impact, expanding access to care for patients suffering from chronic GERD and related conditions.

“C2 technology has been an exciting part of our innovation journey,” said Dominique Vincent, President of PENTAX Medical. “We are proud of the clinical value it has delivered and are confident that Merit Medical, with its expanding footprint in upper GI treatments and deep expertise in therapeutic endoscopy, is ideally positioned to unlock the full potential of C2. This transition allows PENTAX Medical to refocus on our core strength—flexible reusable endoscopy—and continue delivering intuitive solutions that empower clinicians worldwide.”

Merit Medical will integrate the C2 CryoBalloon™ into its Endoscopy portfolio, complementing its existing products and customer base. Over the coming months, product manufacturing will be transferred to Merit’s facility in South Jordan, Utah. Several PENTAX Medical employees will be joining Merit, bringing valuable expertise and continuity to the team.

The agreement reinforces PENTAX Medical’s strategic focus on its core strength—flexible reusable endoscopy—and its commitment to delivering intuitive solutions that empower clinicians worldwide.

About PENTAX Medical

PENTAX Medical, a division of the HOYA Group, is a global player in flexible, reusable endoscopy solutions. The company develops, manufactures, distributes, and services endoscopic equipment worldwide. PENTAX Medical is committed to delivering intuitive, flexible endoscopy solutions that empower healthcare professionals to provide outstanding care. Its mission is to maintain product excellence while collaborating closely with clinical partners to understand and address their daily challenges, workflows, and goals. At the core of this mission is a commitment to reliability and high-quality imaging—fundamental requirements for clinical performance. Building on this foundation, PENTAX Medical delivers solutions that integrate seamlessly into clinical practice, supported by ergonomic and ease-of-use innovations, practical clinical education, and personalized, attentive customer support.  
For more information, please visit our website: https://www.pentaxmedical.com

About Merit Medical

Founded in 1987, Merit Medical Systems, Inc. is engaged in the development, manufacture, and distribution of proprietary medical devices used in interventional, diagnostic, and therapeutic procedures, particularly in cardiology, radiology, oncology, critical care, and endoscopy. Merit serves customers worldwide with a domestic and international sales force and clinical support team totaling more than 800 individuals. Merit employs approximately 7,300 people worldwide.                                                                      

About HOYA

HOYA Corporation, founded in Tokyo in 1941, is a global leader in healthcare and technology innovation. HOYA provides advanced products for life care, including eyeglass lenses, intraocular lenses, and medical endoscopes, as well as high-precision components that support today`s information society, such as mask blanks for semiconductor manufacturing, glass substrates for hard disk drives, and optical components for imaging systems. With over 150 offices worldwide and a team of approximately 38,000 professionals, HOYA is committed to advancing technologies that contribute to a more sustainable future. For more details, please visit our website: https://www.hoya.com/en.