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Gary Stanley, Former Director of the Office of Critical Minerals and Metals at the U.S. Department of Commerce, Joins the First Phosphate Advisory Board


SAGUENAY, QUEBEC – Newsfile Corp. – 17 April 2024 – First Phosphate Corp. (CSE: PHOS) (OTC: FRSPF) (FSE: KD0) (“First Phosphate” or the “Company”) is pleased to announce the appointment of Gary Stanley to the advisory board of the Company.

Gary Stanley has more than 40 years experience with the U.S. Department of Commerce (“DOC”) in Washington, DC. Mr Stanley has served under every U.S. President from Ronald Reagan to Joe Biden. During his tenure, Mr. Stanley worked with both public and private sector stakeholders to strengthen American supply chains and to enhance U.S. global competitiveness in critical minerals, metals, chemicals, and other materials industries.

Mr. Stanley was lead author of the 2019 US Federal Critical Minerals Strategy which became the foundation for the U.S. Government’s critical mineral supply chain prerogatives. This initiative also led to the creation of the 2019 USA-Canada Critical Minerals Working Group which has contributed to the advancement of many critical minerals projects involving American and Canadian companies.

“Mr. Stanley shares our vision of deep commitment to a North American battery supply chain and has many years of experience in multilateral cooperation in crucial minerals and battery supply chains,” said John Passalacqua, CEO of First Phosphate. “Gary brings a wealth of knowledge and insights and an extensive global network of government, industry, and trade expertise to our team.”

“It is a privilege to share in First Phosphate’s commitment to the development of a critical piece of the North American lithium iron phosphate (“LFP”) battery supply chain,” said Mr. Stanley. “Together, Canada and the United States can achieve success in the globally-competitive battery and long-term energy storage sectors. This can be accomplished through respect for environmental standards and with benefit to rural and indigenous communities.”

The Company has granted Mr. Stanley 250,000 incentive stock options with each option exercisable for one common share of the Company at a price or $0.40 per share until April 16, 2027. The options vest in 4 tranches (25% on each of September 30, 2024; March 31, 2025, September 20, 2025 and March 31, 2026). The Options are subject to the terms of the Company’s Omnibus Equity Incentive Plan as approved by disinterested shareholders at the Company’s annual and special meeting of shareholders held on August 25, 2023. All securities issued are subject to a hold period of four months plus one day from the date of issuance.

About First Phosphate Corp.

First Phosphate is a mineral development company fully dedicated to extracting and purifying phosphate for the production of cathode active material for the Lithium Iron Phosphate (“LFP”) battery industry. First Phosphate is committed to producing at high purity level, in responsible manner and with low anticipated carbon footprint. First Phosphate plans to vertically integrate from mine source directly into the supply chains of major North American LFP battery producers that require battery grade LFP cathode active material emanating from a consistent and secure supply source. First Phosphate holds over 1,500 sq. km of royalty-free district-scale land claims in the Saguenay-Lac-St-Jean Region of Quebec, Canada that it is actively developing. First Phosphate properties consist of rare anorthosite igneous phosphate rock that generally yields high purity phosphate material devoid of high concentrations of harmful elements.

For additional information, please contact:

Bennett Kurtz, CFO & CAO
bennett@firstphosphate.com
Tel: +1 (416) 200-0657

Investor Relations: investor@firstphosphate.com
Media Relations: media@firstphosphate.com
Website: www.FirstPhosphate.com

Follow First Phosphate:

Twitter: https://twitter.com/FirstPhosphate
LinkedIn: https://www.linkedin.com/company/first-phosphate

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Forward-Looking Information and Cautionary Statements

This news release contains certain statements and information that may be considered “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements and forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved” and other similar expressions. In addition, statements in this news release that are not historical facts are forward-looking statements, including, among other things, the Company’s planned exploration and production activities, the properties and composition of any extracted phosphate, the Company’s plans for vertical integration into North American supply chains.

These statements and other forward-looking information are based on assumptions and estimates that the Company believes are appropriate and reasonable in the circumstances, including, without limitation, expectations of the Company’s long term business outcomes given its short operating history; expectations regarding revenue, expenses and operations; the Company having sufficient working capital and ability to secure additional funding necessary for the exploration of the Company’s property interests; expectations regarding the potential mineralization, geological merit and economic feasibility of the Company’s projects; expectations regarding drill programs and the potential impacts successful drill programs could have on the life of the mine and the Company; mineral exploration and exploration program cost estimates; expectations regarding any environmental issues that may affect planned or future exploration programs and the potential impact of complying with existing and proposed environmental laws and regulations; receipt and timing of exploration and exploitation permits and other third-party approvals; government regulation of mineral exploration and development operations; expectations regarding any social or local community issues that may affect planned or future exploration and development programs; expectations surrounding global economic trends and technological advancements; and key personnel continuing their employment with the Company.

There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include: limited operating history; high risk of business failure; no profits or significant revenues; limited resources; negative cash flow from operations and dependence on third-party financing; the uncertainty of additional funding; no dividends; risks related to possible fluctuations in revenues and results; insurance and uninsured risks; litigation; reliance on management and key personnel; conflicts of interest; access to supplies and materials; dangers of mineral exploration and related liability and damages; risks relating to health and safety; government regulation and legal uncertainties; the company’s exploration and development properties may not be successful and are highly speculative in nature; dependence on outside parties; title to some of the Company’s mineral properties may be challenged or defective; Aboriginal title and land claims; obtaining and renewing licenses and permits; environmental and other regulatory risks may adversely affect the company; risks relating to climate change; risks related to infrastructure; land reclamation requirements may be burdensome; current global financial conditions; fluctuation in commodity prices; dilution; future sales by existing shareholders could cause the Company’s share price to fall; fluctuation and volatility in stock exchange prices; and risks related to market demands. There can be no assurance that any opportunity will be successful, commercially viable, completed on time or on budget, or will generate any meaningful revenues, savings or earnings, as the case may be, for the Company. In addition, the Company will incur costs in pursuing any particular opportunity, which may be significant.

These factors and assumptions are not intended to represent a complete list of the factors and assumptions that could affect the Company and, though they should be considered carefully, should be considered in conjunction with the risk factors described in the Company’s other documents filed with the Canadian securities authorities, including without limitation the “Risk Factors” section of the Company’s Annual Information Form dated November 29, 2023 which is available on SEDAR at www.sedarplus.ca. Although the Company has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in the forward-looking information or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

The issuer is solely responsible for the content of this announcement.

About First Phosphate Corp.

Alliance to End Plastic Waste Solution Model Playbooks Document Comprehensive and Integrated Solutions to Enable Plastic Circularity


SINGAPORE – Media OutReach Newswire – 17 April 2024 – The Alliance to End Plastic Waste has published the first two in a series of ‘Solution Model’ playbooks, to improve the understanding of the many stakeholders across the plastic value chain about what is possible and what else is needed to drive systems change to end plastic waste in the environment and develop a circular economy for plastics.

National and regional governments, companies, and communities across the world face the issue of plastic pollution, for which there is no one-size-fits-all solution. The Alliance initiated the concept of Solution Models as an important component of its mission. Specifically, this involves the development, de-risking, and demonstration of solutions to address different sources of plastic waste in different situations. All of this aligns with the Alliance’s key goals to reduce unmanaged waste, capture value from waste, create social benefit, and mitigate climate impact.

Each solution is tested through Alliance projects. As the projects and solutions mature, the Alliance combines these findings with existing industry experience to develop Solution Models, which the Alliance hopes will further improve replication and scaling in collaboration with partners. It has worked in collaboration with Boston Consulting Group (BCG) to create playbooks to support this. The first two playbooks are about Engaging Households in Segregated Municipal Waste Collection and Unlocking Value Through Basic Manual Sorting of Municipal Waste.

The first addresses household waste segregation which can significantly improve the volume and quality of material collected for recycling, while reducing sorting costs and decreasing landfill disposal. The playbook maps the steps Alliance project partners have taken to encourage households to separate the waste ‘at source’, in projects implemented in Argentina, China, India, and Indonesia.

The second playbook highlights the improved value recovery of plastic waste for recycling, including the use of simple and low-cost equipment to improve the ergonomics and speed of basic manual sorting. The Solution Model expressed in this playbook is particularly relevant to countries which have limited collection and treatment infrastructure, or those with early-stage recycling systems. Alliance projects that underpin this Solution Model can be found in Brazil, China, Indonesia, and Kenya.

In essence, the playbooks describe the challenges presented by the activities of each solution, how they were addressed in the projects, the lessons the Alliance has learnt, and its successes. They also record the enabling conditions necessary to implement the solutions, from policy levers to ecosystem conditions, business models, and innovation. The Alliance and BCG will continue to collaborate and, where applicable, update these playbooks as the solutions are strengthened.

The Alliance hopes that the playbooks will encourage other organisations to scale and replicate these solutions, taking on the lessons the Alliance has learnt and the identified critical success factors. This will enable acceleration of the common interest to prevent plastic waste from entering the environment.

Jacob Duer, President and CEO at the Alliance, said, “There is a need for solutions that are environmentally beneficial, socially responsible, and economically viable; and therefore, replicable and scalable if we are to advance the transition into a circular economy for plastics.”

“The plastic waste challenge is complex and requires a systems evolution from the current take-make-dispose model to a circular one that encourages reuse and recycle, alongside a range of other solutions required to address plastic pollution. To encourage this, we need investments and solutions that improve waste management, support behaviour change, and promote innovation.”

“We have not wavered in our aspiration to drive the systems change necessary to achieve full plastics circularity. This is a journey no organisation can approach alone, nor is there a silver bullet. We are calling for like-minded partners from across the public and private spheres to collaborate with us in furthering the development, strengthening, and implementation of current and future Solution Models.”

Marc Schmidt, Managing Director and Partner at BCG, Singapore, said, “The leakage of plastic waste into the environment is a critical issue that urgently needs tackling by working together with a wide range of stakeholders. We understand this is a big challenge.”

“We believe in creating practical, instructional solutions that can be easily implemented locally, tailored to the specific needs and context of a community dealing with plastic or waste issues. By scaling and replicating these solutions, we increase their impact significantly. We encourage local project developers to use these playbooks as a foundation and further develop and implement them.”

An in-depth introduction to the concept of Solution Models accompanied by a framework for documenting solutions can be found in a whitepaper published alongside the first two playbooks. Additional Solution Model playbooks are scheduled for release later in the year.

Hashtag: #AlliancetoEndPlasticWaste

The issuer is solely responsible for the content of this announcement.

About the Alliance to End Plastic Waste

The Alliance to End Plastic Waste is a global non-profit organisation with the mission to end plastic waste in the environment and to advance a circular economy for plastics.

The Alliance convenes more than 70 companies across the plastic value chain with local communities, civil society groups, intergovernmental organisations, and governments. The collective know-how, experience and resources of this global network enable the current portfolio of more than 50 projects.

Together, we work towards economically viable, environmentally beneficial, and socially responsible solutions. Find out more: .

About Boston Consulting Group

Boston Consulting Group (BCG) partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholders – empowering organisations to grow, build sustainable competitive advantage, and drive positive societal impact.

Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organisation, fuelled by the goal of helping our clients thrive and enabling them to make the world a better place.

VinFast Reports Unaudited First Quarter 2024 Financial Results


SINGAPORE – Media OutReach Newswire – 17 April 2024 VinFast Auto Ltd. (“VinFast” or the “Company”) (Nasdaq: VFS), a subsidiary of Vingroup JSC, today announced its unaudited financial results for the first quarter ended March 31, 2024.

  • First quarter revenue rose 269.7% year-over-year (YoY) to $302.6 million.
  • Deliveries rose 444% YoY to nearly 9,700 vehicles.
  • Launching in new key markets in Southeast Asia, including Indonesia and Thailand, entering the Middle East & Africa, starting construction of a manufacturing facility in India, and growing sales network worldwide.
  • Reaffirmation of the 100,000 vehicle deliveries target in 2024.


Caption

VinFast VF 8 model


Madam Thuy Le, Chairwoman of the Board of Directors, said: “While VinFast acknowledges ongoing global economic and geopolitical uncertainties, we view them as temporary hurdles. With our diverse product range, fast-growing global sales network, outstanding after-sales policy, and our groundbreaking battery subscription policy, VinFast has outlined a clear roadmap for the rest of the year and remains committed to our target of delivering 100,000 electric vehicles in 2024.”

Ms Anh Nguyen, VinFast Chief Financial Officer, added: “We remain steadfastly committed to driving continuous improvements across our business. Our focus on materials optimization, scale advantages, and disciplined cost management will be key to delivering sustained value for our shareholders.”

Deliveries and Revenues Soar in the First Quarter Compared to the Same Period in 2023

VinFast delivered a total of 9,689 vehicles in the first quarter of 2024, marking an increase of 444% year-over-year (YoY).

Total revenues were US$302.6 million, representing an increase of 269.7% from the first quarter of 2023. This growth was driven by successful new campaigns like the expansion of VinFast’s dealership network and customer interest in new electric car models.

Gross loss in the first quarter of 2024 was US$150.8 million, while gross margin improved from negative (172.9%) in the first quarter of 2023 to negative (49.8%) in the first quarter of 2024.

VinFast is Building Strong Foundations to Support H2 Growth

In the first quarter of 2024, VinFast continued to closely follow its global growth roadmap by launching its brand in Thailand and Indonesia, establishing a presence in the Middle East, beginning construction of its manufacturing facility in India, and ramping up its sales network globally.

While domestic sales still drove most of the revenues this quarter, VinFast recorded encouraging growth in the U.S. market, with several new dealers reporting sales figures.

In the first quarter of 2024, VinFast has also secured partnerships with 10 new dealers, bringing its total U.S. network to 16 dealers across 7 states, including North Carolina, New York, Texas, Florida, Kansas, Connecticut, and Kentucky. These newly signed dealerships will begin operations in the second quarter.

Beyond current markets, VinFast is also ramping up its presence and sales efforts in markets across Southeast Asia. At the 2024 Bangkok International Motor Show, the Company officially launched its brand in Thailand and signed Letters of Intent with 15 dealers, with a target of operating 22 stores in Bangkok.

In Indonesia, VinFast officially opened its first dealer store and started sales of the VF e34, a C-segment electric SUV. Notably, the Company has implemented a unique battery subscription policy within the market, specifically designed to incentivize Indonesian consumers to switch to electric vehicles by offering lower initial and operating costs.

In March, VinFast officially started deliveries of its C-segment electric SUV VF 7 to customers in Vietnam.

The Company also expanded its global footprint with first distribution agreements signed in Oman, Ghana, and Micronesia.

VinFast Remains Committed to the Goal of Delivering 100,000 Vehicles in 2024

Despite marco-economic challenges facing the electric vehicle industry, VinFast has established clear plans and remains committed to the target of delivering 100,000 electric cars in 2024, with the majority of deliveries expected in the second half of the year. This goal will be primarily driven by the Company’s rapidly expanding distribution network, the introduction of new models targeting a broader customer base, and entry into new markets.

Concerning the product lineup, VinFast plans to deliver the much awaited and affordable VF 3 model in Vietnam. The Company will also launch the VF 9 and VF 7 in North America and plans to complete its full electric vehicle lineup for global markets.

Regarding charging infrastructure, Mr. Pham Nhat Vuong, Founder and CEO of VinFast, announced the establishment of V-GREEN in March 2024, to develop a global network of charging stations specifically for VinFast vehicles. By reducing capital expenditures (Capex) on infrastructure, VinFast can maintain its unwavering focus on driving business growth.

Conference Call

The Company’s management will host its first quarter 2024 earnings conference call at 8:00 AM U.S. Eastern Time on April 17, 2024.

Live Webcast: https://edge.media-server.com/mmc/p/jy88a8z3

For additional information, please visit ir.vinfastauto.us.

Investor Relations Email: ir@vinfastauto.com

Media Relations Email: info@vinfastauto.com

Hashtag: #VinFast #financialresults

The issuer is solely responsible for the content of this announcement.

About VinFast

VinFast – a subsidiary of Vingroup JSC – is Vietnam’s leading automotive manufacturer committed to its mission of creating a green future for everyone. VinFast manufactures a portfolio of electric SUVs, e-scooters and e-buses in Vietnam and exports to the United States, and soon, Europe. Learn more at .

VinFast deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the average selling price and various cost components.

Forward-Looking Statements

Forward-looking statements in this announcement, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1955. These statements include statements regarding our future results of operations and financial position, planned products and services, business strategy and plans, objectives of management for future operations of VinFast, market size and growth opportunities, competitive position and technological and market trends and involve known and unknown risks that are difficult to predict. As a result, our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “shall,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “goal,” “objective,” “seeks,” or “continue” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans, or intentions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the effect of the consummation of the business combination and the public listing of the Company’s securities on its business relationships, performance, financial condition and business generally, (ii) the risk that the Company’s securities may experience a material price decline and volatility in the price of such securities due to a variety of factors, (iii) the adverse impact of any legal proceedings and regulatory inquiries and investigations on the Company’s business, (iv) the Company’s potential inability to maintain the listing of its securities on Nasdaq, (v) the risk associated with the Company’s limited operating history, (vi) the ability of the Company to achieve profitability, positive cash flows from operating activities and a net working capital surplus, (vii) the ability of the Company to fund its capital requirements through additional debt and equity financing under commercially reasonable terms and the risk of shareholding dilution as a result of additional capital raising, if applicable, (viii) risks associated with being a new entrant in the EV industry, (ix) the risks of the Company’s brand, reputation, public credibility and consumer confidence in its business being harmed by negative publicity, (x) the Company’s ability to successfully introduce and market new products and services, (xi) competition in the automotive industry, (xii) the Company’s ability to adequately control the costs associated with its operations, (xiii) the ability of the Company to obtain components and raw materials according to schedule at acceptable prices, quality and volumes acceptable from its suppliers, (xiv) the Company’s ability to maintain relationships with existing suppliers who are critical and necessary to the output and production of its vehicles and to create relationships with new suppliers, (xv) the Company’s ability to establish manufacturing facilities outside of Vietnam and expand capacity in a timely manner and within budget, (xvi) the risk that the Company’s actual vehicle sales and revenue could differ materially from expected levels based on the number of reservations received, (xvii) the demand for, and consumers’ willingness to adopt, EVs, (xiii) the availability and accessibility of EV charging stations or related infrastructure, (xix) the unavailability, reduction or elimination of government and economic incentives or government policies which are favorable for EV manufacturers and buyers, (xx) failure to maintain an effective system of internal control over financial reporting and to accurately and timely report the Company’s financial condition, results of operations or cash flows, (xxi) battery pack failures in the Company or its competitor’s EVs, (xxii) failure of the Company’s business partners to deliver their services, (xxiii) errors, bugs, vulnerabilities, design defects or other issues related to technology used or involved in the Company’s EVs or operations, (xxiv) the risk that the Company’s research and development efforts may not yield expected results, (xxv) risks associated with autonomous driving technologies, (xxvi) product recalls that the Company may be required to make, (xxvii) the ability of the Company’s controlling shareholder to control and exert significant influence on the Company, (xxiii) the Company’s reliance on financial and other support from Vingroup and its affiliates and the close association between the Company and Vingroup and its affiliates, (xxix) conflicts of interests with or any events impacting the reputation of Vingroup affiliates or unfavorable market conditions or adverse business operations of Vingroup and Vingroup affiliates and (xxx) other risks discussed in our reports filed or furnished to the Securities and Exchange Commission.

All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements set forth above. You are cautioned not to place undue reliance on any forward-looking statements, which are made only as of the date of this announcement. VinFast does not undertake or assume any obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If VinFast updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements. The inclusion of any statement in this announcement does not constitute an admission by VinFast or any other person that the events or circumstances described in such statement are material. Undue reliance should not be placed upon the forward-looking statements.

Schneider Electric and NVIDIA Redefine AI Data Center Design for Performance and Efficiency


HONG KONG SAR – Media OutReach Newswire – 17 April 2024 – Schneider Electric, the leader in the digital transformation of energy management and automation, shared a collaboration with NVIDIA to optimize data center infrastructure and pave the way for groundbreaking advancements in edge artificial intelligence (AI) and digital twin technologies. To assist IT professionals in addressing persistent pain points related to IT deployment in data centers and distributed edge IT environments, Schneider Electric has introduced Intelligent Micro Data Center One, an order-to-site assembly solution package covering power, cooling, security, and monitoring into a single enclosure. Simultaneously, Schneider Electric has launched the APC Smart-UPS Ultra, the industry’s smallest and lightest, single-phase 8 and 10kW uninterruptible power supply, and the latest evolution of gas-insulated switchgear with pure air technology and digital connectivity, SF6-free switchgear for medium voltage.

“We’re unlocking the future of AI for organizations,” said Pankaj Sharma, Executive Vice President of Secure Power Division & Data Center Business at Schneider Electric “By combining our expertise in data center solutions with NVIDIA’s leadership in AI technologies, we’re helping organizations to overcome data center infrastructure limitations and unlock the full potential of AI. Our collaboration with NVIDIA paves the way for a more efficient, sustainable, and transformative future powered by AI.”

Cutting-Edge Data Center Reference Designs

Schneider Electric is leveraging its expertise in data center infrastructure and NVIDIA’s advanced AI technologies to introduce the first publicly available AI data center reference designs. These designs are set to redefine the benchmarks for AI deployment and operation within data center ecosystems, marking a significant milestone in the industry’s evolution.

With AI applications gaining traction across industries and demanding more resources than traditional computing, the need for processing power has surged exponentially. The rise of AI has spurred notable transformations and complexities in data center design and operation, with data center operators working to swiftly construct and operate energy-stable facilities that are both energy-efficient and scalable.

Schneider Electric will introduce cutting-edge data center designs tailored for NVIDIA’s AI workloads, such as data processing, engineering simulation, and generative AI. The company aims to help data center owners integrate AI solutions efficiently, enhance deployment, and ensure reliable operations. In addition, AVEVA, a subsidiary of Schneider Electric, will connect its digital twin platform to NVIDIA Omniverse, enabling seamless collaboration between designers, engineers, and stakeholders and reducing time to market and costs for data center operators.

Innovative solutions for Resilient, Sustainable, Adaptive and Efficient IT Infrastructure in Data Centers and Distributed IT

“With the recent explosion and popularity of AI, data centers have taken a leading role in driving digitization and electrification. Data centers are crucial for the most advanced systems and act as catalysts for sustainable progress across all industries. Simultaneously, the rapid advancement of digital technologies, the rise of edge IT, and the increasing adoption of IoT applications have generated a growing demand for computing, networking, and storage resources in edge IT environments. This demand arises from the convergence of operation technology (OT) and the need for close proximity to support critical business processes and enhance user experiences.” shared Steven Lee, Director, Secure Power, Power Systems and Industrial Automation, Schneider Electric Hong Kong.

As a pioneer in innovation, Schneider Electric is committed to delivering innovative solutions that address the unique challenges of a digital and energy-conscious world. By harnessing the power of digitization, AI, and IoT, Schneider Electric is shaping a more efficient, resilient, adaptive, and sustainable future for data centers and edge IT.

  • Schneider Electric’s Intelligent Micro Data Center One (IMDC One) offers an order-to-site assembly solution package that combines power, cooling, security, and monitoring into a single enclosure for up to 7kW IT load. This eliminates the need for an IT room, deploys 20% faster, and can save up to 50% on capital expenditure (CAPEX). The IMDC is scalable for up to three racks, providing standalone Edge IT capacity in branch offices, commercial buildings in semi-controlled environments, and wiring closets. This affordable solution offers a one-stop professional service with a fast response time, enabling simple and rapid deployment in weeks instead of months for customers, enabling seamless customer experiences and optimized business operations at the edge.

  • Schneider Electric has expanded its APC Smart-UPS Ultra to 8kW and 10kW. This UPS is the world’s smallest and lightest single-phase 8kW and 10kW UPS. It offers customers more scalable power while taking up minimal space. The extended range of UPS is 30% smaller, 50% lighter, and 1.5x more power-dense than comparable offerings in a 4U footprint. The UPS with Lithium-ion battery could last for about eight to ten years and has longer battery life than VRLA for three times. The UPS can also connect up to ten external battery packs to cover extended runtime.

  • Medium voltage (MV) switchgear is critical for electrical distribution. However, most MV equipment has SF6 gas, which acts as a potent electrical insulator and emits a greenhouse gas 23,500 times stronger than CO2. Proper disposal of end-of-life switchgear is essential to prevent the release of SF6 into the atmosphere and avoid costly compliance measures. By transitioning to SF6-free switchgear, these challenges can be mitigated. Schneider Electric’s AirSeT innovation combines the latest gas-insulated switchgear with pure air technology and digital connectivity. It’s a sustainable solution that enables grid operators to modernize and decarbonize the grid while improving operational performance and reliability.


Related resources:

Hashtag: #AI #datacenter #sustainability #EdgeIT #EdgeComputing #DistributedIT #MicroDataCenter #UPS #SF6free #EcoStruxure #LifeIsOn






The issuer is solely responsible for the content of this announcement.

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

Discover the newest perspectives shaping sustainability, electricity 4.0, and next generation automation on .

Putien at Galaxy Macau Marks Anniversary with Culinary Extravagant Showcase Featuring Authentic Fujian Delicacies by Six-hands Awarded Chefs

Hong Kong style western cuisine, enchanting Sakura afternoon tea and the time travel journey of Macallan’s 200 years significant milestone


MACAU SAR – Media OutReach Newswire – 17 April 2024 – Putien, the Michelin-starred Singaporean restaurant that has taken over Macau by its true Fujian flavor, is marking its first anniversary at Galaxy Macau™ with unprecedented taste extravaganza! Three starred chefs from Putien’s Singapore, Hong Kong, and Macau outlets have teamed up to create a mouth-watering menu of exquisite Fujian dishes that are a must-try for food lovers. Expect flavors that are rich, unique, and straight out of Southeast Asia—a celebration of Putien’s commitment to seafood-driven cuisine.

To celebrate the 1st anniversary of Putien at Galaxy Macau, it has invited star chefs from Putien Singapore, Hong Kong, and Macau to collaborate on a brand-new menu for the first time ever.
To celebrate the 1st anniversary of Putien at Galaxy Macau, it has invited star chefs from Putien Singapore, Hong Kong, and Macau to collaborate on a brand-new menu for the first time ever.

And that’s not all! Café de Paris Monte-Carlo is serving up a retro-chic Hong Kong-style western cuisine that’ll take you back in time. CHA BEI is offering a Sakura themed afternoon tea that’s pure Instagram-worthy eye candy. Kyo Watami is dishing out fresh lunch sets, and The Macallan Whisky Bar & Lounge is hosting a one-night-only collaboration with guest bartenders, plus a “TIME TRAVEL” exhibition that salutes The Macallan’s 200-year legacy. Galaxy Macau is pulling out all the stops to welcome summer with these incredible dining experiences and events. Head over to Galaxy Macau for the unforgettable culinary adventures!

Putien, a restaurant brand that has captured the hearts and palates of Singaporeans for years, has maintained its coveted Michelin one-star for a remarkable seven years in a row. Known for its masterful renditions of overseas Fujian cuisine, Putien’s menus reflect the unique blend of rich cultural exchanges between Fujian people and their overseas compatriots.

As Master Chef of Putien on Kitchener Road, Li Wen Wu has led his team to attain the coveted Michelin Star 7 years in a row; while Chen Guang Lin, now Regional Coach of Putien Hong Kong, is the chef that led the Singapore team towards its first Michelin Star. Putien at Galaxy Macau, led by Chef Ng Man Kin, upholds a culinary philosophy that seamlessly blends tradition with innovation. While faithfully preserving the traditional dishes of Fujian cuisine and adhering to traditional techniques in preparing signature seafood, the restaurant also boldly introduces Southeast Asian flavors to create exclusive, Macau-limited dishes. This fusion of flavors offers guests an endless surprise and leaves them with a lingering taste that is truly memorable.

To present the essence of Fujian cuisine in its glory, the three chefs have procured some of the finest seafood and premium delicacies. With a combination of inventive flavor pairings and traditional culinary techniques, they will delight your palate with amazing sensations. The two banquet dishes Poached Sea Clams in Chicken Soup and Braised 5-head Abalone with Pork Rib both feature seafood prepared tableside, taking luxurious dining to new heights. It also presents diners with the rare opportunity to savor pork rib as its preparation demands much time, skill and attention. The perfect marriage of big-flavored sauces and seafood is another hallmark of Fujian cuisine, and Deep-fried Sea Cucumber stuffed with Fujian Pork Roll and Braised Boston Lobster Noodle with Sha Cha Sauce are fantastic examples. Also, on the menu is the nourishing Braised Duck with Ginger which has been stewed on low heat with ginger and Macau beer for 3 hours to create a tender, succulent dish packed with health benefits. Don’t miss this precious opportunity to sample Fujian cuisine at its finest, crafted by Putien’s three master chefs! Only available 20 April – 10 May. 8 courses menu price at MOP880 per person (min. 2 persons). Make your reservation at +853 8883 2221.

Enjoy Hong Kong Style Western Cuisine at Café de Paris Monte-Carlo
From now until 30 June, Café de Paris Monte-Carlo is transforming into a hot spot where Chinese and Western flavors collide! Step inside for a trip back to Hong Kong’s golden era of tearooms and western restaurants. Expect a blast of nostalgia with every bite of western cuisine you take, all while soaking up the retro atmosphere. It’s the perfect blend of old-school charm and modern delights.

Café de Paris Monte-Carlo presents its Hong Kong-style Western cuisine series, offering a delicious moment where the rich flavors of Hong Kong and Macau seamlessly merge.
Café de Paris Monte-Carlo presents its Hong Kong-style Western cuisine series, offering a delicious moment where the rich flavors of Hong Kong and Macau seamlessly merge.

In Macau, a taste of neighboring Hong Kong’s culinary essence is a must, and Hong Kong-style Western cuisine is a key component of that experience. Dubbed “Soy Sauce Western Cuisine,” it’s a western recipe modified to create a unique dining experience for the local’s palate, resulting in a vibrant showcase of Hong Kong’s unique culinary heritage. The special menu for this promotion is a compilation of authentic Hong Kong flavors.

Start your meal with the indulgent Comprador Soup, a sumptuous blend of creamy soup and shark’s fin, shredded abalone and ham – a true fusion of Chinese and western flavors. Next, dive into the comforting dishes, such as baked pork chop rice topped with gruyère cheese, and the fragrant stir-fried beef rice noodles elevated with the use of wagyu beef and our secret sweet soy sauce, a delightful twist on the classic Hong Kong favorite.

Quench your thirst with an ice-cream float, a beloved cha chaan teng drink that blends ice cream with soda to create a refreshing sweet and fizzy mix. Remember to save room for the must-order, Baked Alaska, an old-fashioned sweet treat consists of a layer of sponge cake, a frozen ice cream center, and a coating of toasted meringue, always a crowd pleaser. Call +853 8883 2221 now to reserve your spot and immerse yourself in a delicious fusion of Hong Kong and Macau flavors.

CHA BEI Afternoon Tea Under the Sakura Tree
In the height of Sakura madness, CHA BEI is dishing out a seasonal afternoon tea that’s a floral explosion of salty and sweet delicacies. Think of it as a floral fantasy that will have you savoring the freshness and sweetness of the season’s best ingredients. Gather around CHA BEI’s enchanting Sakura tree, and feast your eyes and palate on a colorful medley of handcrafted delights! Leading the creation is the lady grey entremets, a gift that’ll make you feel like a ballerina gracefully dancing under a Sakura canopy. And don’t forget the Sakura swiss roll and panna cotta with osmanthus—they’re so floral and delicate, they’ll have you swooning like a true girl in love. Pair these treats with some of the tea master’s floral teas and single origin coffee from Brazil, and you’ve got an afternoon tea complete experience with tantalizing aromas. Price at MOP628 for two (plus a 10% service charge), this afternoon tea is available from 2:30pm to 5:30pm. It’s the perfect way to embrace the spirit of spring, on your taste buds. Call +853 8883 2221 and make a reserve.

In the time for cherry blossoms blooms, CHA BEI has created a seasonal treat, offering special afternoon tea set centered around the theme of flowers. Indulge in a delightful array of savory and sweet pastries inspired by the Sakura, served on a Sakuratree-shaped stand.
In the time for cherry blossoms blooms, CHA BEI has created a seasonal treat, offering special afternoon tea set centered around the theme of flowers. Indulge in a delightful array of savory and sweet pastries inspired by the Sakura, served on a Sakuratree-shaped stand.

TIME TRAVEL The Macallan 200 Years Young Exhibition
The “TIME TRAVEL” Macallan 200 Years Young Exhibition will kick off at The Macallan Whisky Bar & Lounge in Galaxy Macau from 26 April to 9 June. Marking this significant milestone, the exhibition will showcase a range of Macallan Fine & Rare collections, including The Macallan 1937, 1949, 1952, 1968, 1971, and 1988.

TIME TRAVEL The Macallan 200 Years Young Exhibition will kick off at the Macallan Whisky Bar in Macau Galaxy from 26 April to 9 June, showcasing a range of rare vintage series.
TIME TRAVEL The Macallan 200 Years Young Exhibition will kick off at the Macallan Whisky Bar in Macau Galaxy from 26 April to 9 June, showcasing a range of rare vintage series.

During the promotional period, guests can sample the “TIME TRAVEL” themed cocktails series within the bar. Classics as Rob Roy evoke a sense of sophistication, craftsmanship and the rich heritage of Scotland just like The Macallan’s commitment to quality and exceptional whisky making, while Old Fashion embodies the present, mirroring the simplicity, elegance and timelessness qualities of The Macallan. Looking ahead, the innovative cocktail, a creation of The Macallan Whisky Bar & Lounge, heralds the future, symbolizing elegance, refinement and innovation paying homage to classic flavours while embracing new contemporary twists. Using different Macallan whiskies as their base, each cocktail is distinctive, blending traditional Scottish flavors with elegant and sophisticated liquor styles, offering a rich historical taste that satisfies even the most discerning palates.

The exhibition promises to immerse each participant in the exquisite craftsmanship of Macallan, tracing its past and envisioning its future. For those eager to uncover the true essence of Macallan’s collections, this precious journey through time is not to be missed. Reserve immediately by calling +853 8883 2136 and embark on this captivating 200-year journey through the stories of Macallan’s precious libations.

The Macallan Whisky Bar & Lounge proudly hosts top bartenders from across the globe for exciting collaborations regularly and on 19 April, for the first time ever, Jade Lau, the Pernod Ricard Specialty Brands Brand Ambassador in Hong Kong and Macau, Head Bartender for one of the Asia’s Best 50 Bars, also named 2020 Time Out Bar Award Rising Star, teams up with Michael Baiguen, the Head Mixologist of The Macallan Whisky Bar & Lounge, to deliver a mind-blowing four-hands cocktail extravaganza. On this extraordinary night and this night only, you may witness the magic as Jade and Michael combine their genius, unveiling five unique cocktails concocted from the likes of Monkey 47 Gin, Absolut Elyx Vodka, and The Glenlivet Single Malt Whisky. Get ready for an evening that promises to dazzle your senses and elevate your cocktail experience to new heights! Call +853 8883 2136 now to get your spot reserved!

Jade Lau, the Pernod Ricard Specialty Brands Brand Ambassador in Hong Kong and Macau will team up with Michael Baiguen, the head mixologist of The Macallan Whisky Bar & Lounge on 19 April to deliver a mind-blowing four-hands cocktail extravaganza.
Jade Lau, the Pernod Ricard Specialty Brands Brand Ambassador in Hong Kong and Macau will team up with Michael Baiguen, the head mixologist of The Macallan Whisky Bar & Lounge on 19 April to deliver a mind-blowing four-hands cocktail extravaganza.

Kyo Watami Unveils Several Lunch Sets from Monday to Friday
Kyo Watami, a restaurant deeply versed in the essence of Japanese “izakaya” dining, will introduce fresh lunch specials for the new season. The “Daily Special” lunch sets offer a variety of dishes that bring warmth and great taste to each day, ensuring a week of unwavering satisfaction. Enjoy the Beef with Hot Spring Egg Rice Bowl Set, a symphony of flavors in your mouth as fresh wagyu beef pairs with Japanese eggs, leaving you thoroughly delighted. Indulge in a range of options including the Tokachi-Style Pork with Scrambled Egg Sauce Rice Set, Chicken with Kimchi Rice Bowl Set, Fish Fillet with Curry Rice Bowl Set and Deep-fried Chicken with Tartar Sauce Rice Set, comprehensively catering to your everyday need.

Kyo Watami is offering dozens of freshly prepared lunch set meals, with new options available from Monday to Friday.
Kyo Watami is offering dozens of freshly prepared lunch set meals, with new options available from Monday to Friday.

The “Special Set” lunch options are also extensive, with several choices to select from. Among them, the “Eel & Japanese Wagyu Rice Box Set” and “Kyushu Wagyu Sanuki Udon Set” stand out, featuring A5 Wagyu beef, truly befitting the label of “luxury.” There’s also udon and soba set on the menu. All lunch set serving up from MOP 118, don’t miss out on this diverse lunch promotion if you’re eager to experience the flavors of Japanese set meals. To make a reservation, call + +853 8883 2221.

For more high-resolution images, please download from the following link:
https://www.galaxymacaulibrary.com/gallery/Putien/G0000Z69Nk.c3hyk
Password: galaxy

Hashtag: #澳門銀河 #GalaxyMacau



The issuer is solely responsible for the content of this announcement.

About Galaxy Macau Integrated Resort

Galaxy Macau™, The World-class Luxury Integrated Resort delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million square metres of unique entertainment and leisure attractions that are unlike anything else in Macau. Eight award-winning world-class luxury hotels provide around 5,000 rooms, suites and villas. They include Andaz Macau, Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, Raffles at Galaxy Macau, The Ritz-Carlton, Macau, Broadway Hotel. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575 meters, the largest Skytop Wave Pool with waves up to 1.5 meters high and 150-meter pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz-Carlton Spa, Macau help guests relax and rejuvenate.

As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies; Galaxy Promenade is the hottest shopping destination featuring the latest in fashion and curated experiences in Macau. Spanning over 100,000 square meters, luxury flagship stores, lifestyle boutiques and our selection of labels are among the more than 200 world-renowned brands for a world-class shopping journey; Galaxy Cinemas, a 10-theatre 3D Cineplex boasting 4K laser projection; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavours & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 different Authentic Macau & Asian Flavours at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff.

Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world-class event venue featuring 40,000 sqm of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.

For more details, please visit , and .

Arup and WWF to establish Nature-based Solutions standards for Hong Kong’s rural development


HONG KONG SAR – Media OutReach Newswire – 17 April 2024 – Arup and WWF released their joint research report ‘Designing a Sustainable Rural Township With Nature-based Solutions‘ today. The research provides practical insights for integrating NbS into the planning of Hong Kong’s rural districts to drive the city’s sustainable development.

(From left to right) ; Dr Bosco Chan, Director of Conservation at WWF-Hong Kong; Prof Rebecca Chiu, Honourary Professor at Department of Urban Planning and Design, University of Hong Kong, and Bartlett School of Planning, University College London; Ms Nicole Wong, Chief Executive Officer of the WWF-Hong Kong; Dr Vincent Cheng, Arup Fellow and East Asia Climate and Sustainability Services Leader; Mr Wong Kam Sing, Former Secretary for the Environment; Mr Jim Taylor, Senior Director of Planning and Development at CLP Power Hong Kong Limited; and Ms Claudia Yu, East Asia Nature Positive Design Leader at Arup, gathered to share insight on sustainability development in Hong Kong.
(From left to right) ; Dr Bosco Chan, Director of Conservation at WWF-Hong Kong; Prof Rebecca Chiu, Honourary Professor at Department of Urban Planning and Design, University of Hong Kong, and Bartlett School of Planning, University College London; Ms Nicole Wong, Chief Executive Officer of the WWF-Hong Kong; Dr Vincent Cheng, Arup Fellow and East Asia Climate and Sustainability Services Leader; Mr Wong Kam Sing, Former Secretary for the Environment; Mr Jim Taylor, Senior Director of Planning and Development at CLP Power Hong Kong Limited; and Ms Claudia Yu, East Asia Nature Positive Design Leader at Arup, gathered to share insight on sustainability development in Hong Kong.

Citing Lantau’s Mui Wo as the prime case for examination, the research outlined similar challenges faced by peri-urban landscapes in Hong Kong, highlighting the importance of balancing economic and social development with environmental conservation. It proposes six actionable NbS for Mui Wo, also applicable to New Development Areas (NDAs): establishing a water buffalo park, developing an eco-shoreline, promoting regenerative agriculture, increasing aerial greening, building an integrated wetland treatment system, and river revitalisation.

These solutions aim to address the environmental challenges and enhance the overall sustainability of the area. The study will serve as a comprehensive guidebook for diverse stakeholders, including the government, developers and other related sectors, to prioritise sustainability in rural development, foster green financing and ultimately boost Hong Kong’s green economy.

A launch event was held today, featuring speeches by Dr Vincent Cheng, Arup Fellow and East Asia Climate and Sustainability Services Leader, and Ms Nicole Wong, Chief Executive Officer of WWF-Hong Kong at the opening ceremony.

In his opening remarks, Dr Vincent Cheng said: “Today’s publication uses Mui Wo as an exemplary case study, demonstrating how Nature-based Solutions could be effectively integrated into Hong Kong’s new development areas. Through this case study, we aim to inspire individuals, communities, policymakers, and businesses to embrace Nature-based Solutions as a fundamental part of our urban development agenda. It is a call to action, urging each and every one of us to contribute to the cause of nature conservation and sustainability. We must recognise that our actions today will shape Hong Kong’s future for generations.”

Ms Nicole Wong said: “The collaboration between Arup and WWF-Hong Kong marks a significant milestone in the realm of environmental conservation. Nature-based Solutions offer a promising approach to address many of the environmental and societal challenges facing Hong Kong.”

This was followed by a panel discussion led by Mr Wong Kam Sing, Former Secretary for the Environment, with esteemed panelists from environmental, property, utilities and urban planning sectors. These included Dr Bosco Chan, Director, Conservation of WWF-Hong Kong; Prof Rebecca Chiu, MH, JP, Honourary Professor at Department of Urban Planning and Design, University of Hong Kong, and Bartlett School of Planning, University College London; Mr Jim Taylor, Senior Director of Planning and Development at CLP Power Hong Kong Limited; and Ms Claudia Yu, East Asia Nature Positive Design Leader at Arup. The business leaders across industries shed light on how to implement NbS in Hong Kong’s NDAs and capture the rising opportunities in TNFD (The Taskforce on Nature-related Financial Disclosures) reporting.

Ms Claudia Yu said: “We should acknowledge the value of nature and incorporate Nature-based designs in future city planning. The six Nature-based Solutions we proposed serve as a compelling demonstration of practical applications and show the potential for adopting Nature-based design, benefitting both the local community and the environment. We have also developed a landscape carbon calculator that allows us to evaluate the potential carbon emissions and sequestration, providing a roadmap towards a climate positive future. We look forward to applying this new concept in more future projects.”

Dr Bosco Chan said: “We should fully embrace NbS in Hong Kong’s new development projects, as this approach provides exciting opportunities to harmonise nature conservation and development.”

The full research report, please click this [link]
Brief summary of the research report, please click this [link]

Hashtag: #Arup #WWF #NbS #MuiWo #Sustainability

The issuer is solely responsible for the content of this announcement.

Italian Brands Shine Bright with Cutting-Edge Dental & Technological Innovations at IDEM 2024


SINGAPORE – Media OutReach Newswire – 17 April 2024 – Back for its 13th edition, the highly anticipated IDEM 2024 (International Dental Exhibition and Meeting) returns from 19-21 April 2024, promising an extraordinary showcase of cutting-edge dental innovations and expertise. Spanning over 17,000sqm of exhibition space at Marina Bay Sands Expo & Convention Centre, the event will witness the participation of over 500 exhibitors from 33 countries, as they showcase their latest inventions and products covering the prosthodontics, orthodontics, endodontics, and pediatric dentistry industry.

This year’s edition themed “Exceptional Dentistry: Techniques, Technologies, and Trends,” will also spotlight the participation of 23 Italian companies and an Italian Lounge, hosted by the Italian Trade Agency (ITA) and UNIDI (Italian Dental Industry Association).

Italian Vision: Leading the Future of Healthcare

Italy’s dental industry is a cornerstone of global healthcare, with an export value of 875 million in 2022 and growing at a compound average growth rate at 7% over the past decade. The production of Italian dental service market sector, valued at 1.3 billion euros in 2022, has demonstrated impressive growth, with a compound annual growth rate (CAGR) of 6% between 2011 and 2023. Notably, following the pandemic, the production sector witnessed an approximate 30% increase compared to pre-pandemic levels (UNIDI, 2023).

The equipment category commands the highest percentage in total export of Italian companies, followed by clinical consumables, emphasising Italy’s focus on developing equipment sales internationally. The global dental market, valued at USD 38.9 billion in 2021, is poised for substantial growth, with a forecasted increase to USD 57.7 billion by 2027 (UNIDI, 2023).

Looking ahead, Italy’s dental sector anticipates positive growth in productions and export value, with a strategic focus on technology development and digital integration. Organisations like the Italian Dental Industry Association (UNIDI) serves as a central hub for collaboration and innovation within the Italian dental industry, fostering partnerships among manufacturers, practitioners, and regulatory bodies to drive continuous advancements. Through its robust network and initiatives, UNIDI champions research and development, ensuring that Italian dental products remain at the forefront of technological innovation and quality excellence.

Italian Excellence: Italian Lounge (Booth G16)

Among the activities at IDEM 2024, a highlight is the Italian Lounge, organised by the Italian Trade Agency (ITA) and UNIDI (Italian Dental Industry Association), in collaboration with the Italian Ministry of Foreign Affairs and International Cooperation. Located at booth G16, this exclusive space is designed for high-impact B2B meetings, as well as to facilitate valuable partnerships, between the 23 leading Italian companies exhibiting at IDEM and local counterparts. The Italian companies will be showcasing a plethora of products that ranges from household oral products to surgical, lab equipment and supplies, and to advanced dental software and technology. For a complete list of exhibitors and booth numbers, please refer to Annex A.

Dante Brandi, Ambassador of Italy to Singapore and Brunei, emphasised the significance of Italy’s presence at IDEM 2024, saying, “Italy’s consistent participation underscores our commitment to fostering collaboration and driving advancements in the dental industry. IDEM 2024 not only offers our 23 Italian participating companies the opportunity to showcase their expertise, but also serve as a catalyst for forging strategic alliances in the Singapore market and ignite new growth on a global scale. Looking ahead, Italy’s dental sector is poised for remarkable expansion in the realms of technology development and digital integration. I am eagerly anticipating the innovative breakthroughs that will emerge as we push the boundaries further, paving the way towards exciting new frontiers of the future.”

Expressing his excitement about Italy’s participation, Giorgio Calveri, Trade Commissioner for Singapore and Philippines, Italian Trade Agency, said, “We are thrilled to participate in IDEM 2024, showcasing Italy’s rich heritage of dental innovation and 23 Italian companies joining forces to demonstrate our country’s leadership in the global dental market. Italy’s dental sector is well known and highly appreciated globally for its reliability, technological innovation and cutting-edge solutions, with total exports reaching 875 million euros in 2022.”

Gianfranco Berrutti, Past President of UNIDI (Italian Dental Industries Associations) said, “IDEM represents an ideal platform for the Italian dental industry in Southeast Asia. In an all comprehensive 3-day event, UNIDI members seize the opportunity to meet professionals and dealers from the whole area – Myanmar, Cambodia, Timor-Leste, Indonesia, Laos, Malaysia, the Philippines, Thailand, Vietnam and Singapore – presenting the latest innovations in the dental industry.”

Asia’s Premier Dental Exhibition

Central to ITA’s engagement is the official opening of the Italian Lounge at Hall E, booth G16 on 19 April 2024 at 11:45am. Distinguished speakers, including Mr. Dante Brandi, the Ambassador of Italy to Singapore and Brunei, Mr. Giorgio Calveri, the Italian Trade Commissioner, and Mr. Gianfranco Berrutti, Past President, Member of the Board in charge for international promotion from the UNIDI Association, will deliver insightful speeches, underscoring the significance of Italian contributions to the dental sector.

Attendees can look forward to a three-day B2B trade fair at IDEM 2024, which holds paramount significance in light of the surge in dental implants and oral procedures, driven by an aging population and various risk factors including medication, smoking, poor oral hygiene, diabetes, and inherited problems. This growing demand reflects the expanding market within the dental services sector, which encompasses a diverse range of treatments from cosmetic surgery to oral cancer detection and treatment, all aimed at addressing various oral diseases and ailments.

Attendees can explore the transformative impact of recent technological advancements such as digital dentistry, laser therapy, and 3D printing on patient outcomes. To view the full list of Italian exhibitors at IDEM 2024, visit: https://www.idem-singapore.com/. For more information, visit: https://www.ice.it/en/.

ANNEX A

No.

Organisation

Website

Booth No.

1

88dent by 8853 S.p.A.

www.88dent.com

H 15

2

B&B Dental

www.bebdental.it

H 02

3

Biologitech Srl

www.biologitech.it

G 06

4

BTK

www.btk.dental

H 12

5

CIMsystem

www.cimsystem.com

H 13

6

CORICAMA since 1873

www.coricama.it

H 17

7

COSWELL S.p.A.

www.coswell.biz

H 07

8

C-TECH IMPLANT SRL

www.c-tech-implant.com

G 02

9

Curasept

www.curaseptspa.it

J 11

10

DenTag srl

www.dentag.com

G 10

11

DENTAL MANUFACTURING SPA

www.ruthinium.it

H 16

12

DENTAL MARKET SRL

www.plussproduction.it

G 08

13

EURONDA

www.euronda.com

H 19

14

IDS Dental

www.idsdental.it

H 08

15

Jdentalcare

www.jdentalcare.com

J 07

16

LASCOD S.p.A.

www.lascod.it

H 05

17

MAJOR DENTAL

www.majordental.com

H 11

18

Mectron

www.mectron.it

J 01

19

MEDESY SRL

www.medesy.it

G 14

20

SIA ORTHODONTIC MANUFACTURER SRL

www.siaorthodontics.com

H 01

21

PIERREL S.p.A.

www.pierrelgroup.com

G 12

22

UNIVET LOUPES

www.univetloupes.com

H 18

23

Xline S.r.l.

www.xlinemaging.com

J 15

Hashtag: #IDEM2024

The issuer is solely responsible for the content of this announcement.

About Italian Trade Agency

The Italian Trade Agency (ITA) is the governmental agency that supports the development of their companies abroad and promotes the attraction of foreign investment in Italy. With a motivated and modern organisation and a widespread network of overseas offices, ITA provides information, assistance, consulting, promotion, and training to Italian small and medium-sized businesses. Using the most modern multi-channel promotion and communication tools, it acts to assert the excellence of Made in Italy in the world. ITA offices are the ideal gateway for enterprises to establish business relationships with Italian partners, from sourcing Italian products to investment opportunities in Italy.

Carlsberg Asia unveils strategic partnership with Grab to drive transformation and growth across Southeast Asia

The partnership will kick off in Q2 of 2024 with an exclusive football season campaign in the summer and a Responsible Drinking initiative on GrabAds later this year

HONG KONG SAR – Media OutReach Newswire – 17 April 2024 – Carlsberg Asia is pleased to announce the signing of a Memorandum of Understanding (“MoU”) with Southeast Asia’s everyday superapp, Grab, for a strategic partnership that will transform how consumers enjoy their beer. This partnership will cover awareness and promotional campaigns on GrabAds across four key countries in Southeast Asia (SEA) – Cambodia, Malaysia, Myanmar and Singapore, and will kick off with the launch of an exciting football season campaign featuring Liverpool Football Club and a collaborative Responsible Drinking campaign. The partnership also includes the setting up of a virtual store for Carlsberg on the Grab app in Singapore and Malaysia, to make it easier for consumers to order and have their favourite Carlsberg beers delivered.

Carlsberg Asia enters a strategic partnership agreement with Grab across four key Southeast Asian markets. Photo: (from left to right) Arindam Varanasi, Vice President, Commercial Asia, Carlsberg; Ken Mandel, Regional Head of GrabAds and Brand Insights; Russell Close, Global eCommerce Director, Carlsberg Group; Jerry Lim, Regional Head, Grab Sales & Support
Carlsberg Asia enters a strategic partnership agreement with Grab across four key Southeast Asian markets.
Photo: (from left to right) Arindam Varanasi, Vice President, Commercial Asia, Carlsberg; Ken Mandel, Regional Head of GrabAds and Brand Insights; Russell Close, Global eCommerce Director, Carlsberg Group; Jerry Lim, Regional Head, Grab Sales & Support

Both Carlsberg and Grab have a strong presence in Southeast Asia, with a significant overlap in their consumer bases. An internal survey from Grab indicates that 61% of Grab’s user base across the region identify as alcohol consumers1. Over 90% of users are also motivated by responsible drinking and safety reasons to choose Grab’s ride-hailing services over driving their own vehicles2. By tapping into Grab’s extensive ecosystem and hyperlocal insights in the region, Carlsberg aims to expand its digital footprint in the region and make its portfolio of products available to a larger audience.

“As part of Carlsberg Group’s Accelerate SAIL strategy, this exciting partnership will help us drive digital transformation and growth in the region by going beyond traditional retail channels,” said Arindam Varanasi, Vice President, Commercial Asia, Carlsberg. “With our joint forces, we will be able to introduce more drinking moments to consumers and make it easier and safer for them to access Carlsberg’s portfolio of local and international beers and Beyond Beer brands at their doorstep. This will also be a strong initiative to Carlsberg’s continuous efforts in driving responsibility drinking.”

Unlocking consumer experiences and improving accessibility

The partnership will kick off in the second quarter of 2024, with special offers, dine-in deals and rewards that consumers, of legal drinking age, will be able to access through the Grab app. As part of this, Carlsberg and Grab will launch an exciting campaign during the UEFA Euro 2024 season in the summer. Carlsberg has been a principal partner of Liverpool Football Club (LFC) for over three decades and became the club’s official beer in 2010. This football season, Carlsberg will bring football excitement to LFC fans across the SEA region by leveraging Grab’s multiple touchpoints, online to offline. Carlsberg will also collaborate with GrabAds, Grab’s advertising arm, on a Responsible Drinking campaign later in the year to promote responsible alcohol consumption and prioritise safety by encouraging GrabCar rides.

“It’s truly an honour that Carlsberg, one of the world’s leading brewery brands, chose Grab’s advertising arm, GrabAds, to strengthen their brand equity through purposeful consumer campaigns – the LFC partnership and the Responsible Drinking Campaign,” added Ken Mandel, Regional Head of GrabAds and Brand Insights. “This partnership not only showcases the extensive and impactful reach of GrabAds’ online to offline touchpoints but also attests to GrabAds’ effective engagement with high-value consumers who use Grab to engage or transact with brands and merchants every day.

Stay tuned for future announcements about more exciting campaigns and activations under this partnership. For more information, please visit: https://www.carlsberggroup.com/

___________________
1 Source: (2023) Grab in-app survey with 14,971 responses from active Grab users in ID 2,882; SG 1,681; MY 2,540; TH 3,246; PH 2,752; VN 1,870

2 Source: (2023) Grab in-app survey with 6,020 responses from active Grab users in ID 749; SG 721; MY 1,057; TH 1,535; PH 1,091; VN 867

Hashtag: #CarlsbergAsia #Grab

The issuer is solely responsible for the content of this announcement.

About Carlsberg

Established in 1847 by brewer J.C. Jacobsen, the Carlsberg Group is one of the leading brewery groups in the world, with an attractive portfolio of beer and other beverage brands. With over 30.000 employees, and with a presence in more than 125 markets, the Group has a purpose of brewing for a better today and tomorrow Doing business responsibly and sustainably supports that purpose – and drives the efforts to deliver value for shareholders and society.

Carlsberg Asia is a dynamic and diverse region comprising of 8 operating markets: Cambodia, China, Hong Kong S.A.R., Laos, Malaysia, Myanmar, Singapore and Vietnam. Altogether we have 33 breweries and some 12,000 employees spreading across the Asian markets. The Asia Regional Office is based in Hong Kong.

About Grab

Grab is a leading superapp in Southeast Asia, operating across the deliveries, mobility and digital financial services sectors. Serving over 500 cities in eight Southeast Asian countries – Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam – Grab enables millions of people everyday to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending and insurance, all through a single app. Grab was founded in 2012 with the mission to drive Southeast Asia forward by creating economic empowerment for everyone, and strives to serve a triple bottom line: to simultaneously deliver financial performance for its shareholders and have a positive social and environmental impact in Southeast Asia.

About GrabAds

Established in 2018, GrabAds has evolved into an integrated advertising solutions provider that provides advertisers with multiple channels, such as in-app advertising, branding, and product sampling via the Grab ecosystem, for building awareness, engaging audiences, and triggering action across the Grab platform. Through its advertising and technology capabilities, GrabAds aims to help people discover, engage, and connect with the best businesses in Southeast Asia. For more information, visit .