Synchronoss Personal Cloud Solution Selected for Integration into Japan’s Kitamura Online and Retail Channels

New partnership will allow Japanese retailer to offer content storage as it seeks to digitize more of its services

BRIDGEWATER, N.J., Aug. 03, 2021 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital solutions, today announced that Kitamura, a Japanese multimedia retailer, has selected the Synchronoss Personal Cloud solution for integration into its online and retail channel. The addition of personal cloud will give Kitamura’s online and retail customers the ability to back up and manage their valuable digital content, including photos and videos, from any device.

Kitamura is one of Japan’s leading retailers offering image-related services and products, including cameras, photo printing, video dubbing, photo studio, photo books and so on. The retailer has over 1,000 retail locations across the country with over 20 million paying visitors each year and approximately 10 million consumers registered in its online services. Through this integration, Kitamura will be able to provide seamless online and retail experience with the new white-label personal cloud offering.

“We are excited to be partnering with Synchronoss to integrate its personal cloud solutions across our online and retail channels,” said Hajime Yanagisawa, Managing Executive Officer, Kitamura. “We have always been committed to bringing customers’ memories to life through the medium of photography, and this cloud offering is the next step in not only enabling our customers to enjoy their memories but to also store, organize and manage them safely and securely. We’re looking forward to bringing this new service to our customers as we continue our journey towards digitizing our offering.”

Synchronoss’ white-label personal cloud has been adopted by mobile operators and other companies across the globe. The solution gives their customers a safe, secure cloud experience and the ability to store and sync digital content – a key to building brand loyalty and customer satisfaction in an increasingly online world. It also delivers to those organizations the flexibility to quickly add additional value-added services that strengthen the bottom line.

Anthony Socci, President of Synchronoss International, said he is delighted to be working with Kitamura on its new cloud offering. “This cloud solution will be instrumental to Kitamura as it increases its digital touchpoints and seeks to create new revenue streams beyond its traditional printing and camera retail business. We look forward to collaborating with Kitamura as it brings new, innovative services to its customers,” he said.

To learn more about Synchronoss cloud solutions, visit

About Synchronoss
Synchronoss Technologies (NASDAQ: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding, and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market. Hundreds of millions of subscribers trust Synchronoss products to stay in sync with the people, services and content they love. That’s why more than 1,500 talented Synchronoss employees worldwide strive each day to reimagine a world in sync. Learn more at

About Kitamura
Kitamura is a leading company of photographic and video-related products and services in Japan. The company owns Japan’s largest in-house laboratories (photo and video processing factories) and delivers its services and products via more than 1,000 retail stores nationwide and online. It’s the company’s mission to provide services to shape customer memories not only at that moment but also for decades to come, restore photos, and revive precious memories.

Media Contacts

For Synchronoss: Anais Merlin, CCgroup, E:

Investor Contact
For Synchronoss: Todd Kehrli/Joo-Hun Kim, MKR Investor Relations, Inc., E:

Don’t miss Australia’s largest Aboriginal and Torres Strait Islander visual art event

Digital DAAF, 2020

Photo by Dylan Buckee

DARWIN, Australia, Aug. 03, 2021 (GLOBE NEWSWIRE) — The Darwin Aboriginal Art Fair (DAAF) will open Friday 6 August via its cutting-edge digital platform, connecting audiences around the world with Australia’s Aboriginal and Torres Strait Islander creatives.

Presented by Darwin Aboriginal Art Fair Foundation (DAAFF), now in its 15th year, the DAAF program will run from 6-11 August. The program features a highly anticipated digital art fair and an online Public Program that includes artist masterclasses and artists talks.

George Tjungurrayi Ward, Tingarri, acrylic on linen, 300x760mm 2021

Image courtesy of Warakurna Artists

DAAFF will also showcase two First Nations fashion events including the annual National Indigenous Fashion Awards (NIFA) and the winner announcement will be live streamed across NITV’s social media channels on 3 August, direct from the Darwin Convention Centre, Australia. The vibrant Country to Couture runway will also be presented on 4 August.

DAAF is internationally celebrated as a world-class program and pays homage to the world’s oldest living culture. It is the only event of its kind that connects artists, performers and Art Centres from Australia’s most remote regions with domestic and international audiences, eager to snap up stunning and authentic works.

DAAFF Executive Director, Claire Summers says the program generates significant flow-on benefits for Australia’s Indigenous communities, where 100 per cent of the sales from each artwork is returned to Art Centres, the artists and their communities.

Rita and Monica Watson at Ninuku Arts

Photo by Meg Hansen

“We are honoured to be able to profile over 70 Indigenous owned Art Centres and open up the rich storytelling, culture, and history behind these works of art,” says Ms Summers.

Commenting on the decision to pivot from a physical event to an online strategy, Ms Summers adds, “We’ve already had overwhelming interest in our Public Program, with many of the workshops at capacity. Last year we welcomed the largest global audience we have ever seen thanks to our digital offering.”

DAAF connects Indigenous and non-Indigenous art and culture audiences through its unique event to celebrate the vibrant heritage of Australian First Nations Peoples, providing an important meeting place for artists and designers to share stories and traditions through their chosen medium.

The DAAF program includes:

  • Tuesday 3 August |National Indigenous Fashion Awards (NIFA)
  • Wednesday 4 August | Country to Couture
  • 6-11 August | 15th Darwin Aboriginal Art Fair (DAAF)

For access to the Darwin Aboriginal Art Fair, register
+61 404 303 308


Dext launches new product to make managing sales data simpler: Dext Commerce

  • Solution helps accountants & bookkeepers take on digital sales clients profitably
  • Simplifies sales data and tax calculations for businesses selling via Shopify, Amazon, and other leading e-Commerce platforms

LONDON, Aug. 03, 2021 (GLOBE NEWSWIRE) — Accounting software provider Dext has added a digital sales product to its growing platform, following the acquisition of Greenback which rebrands to ‘Dext Commerce’.

Dext Commerce allows accountants and bookkeepers to take on more digital sales clients by simplifying the collection and categorisation of sales data from 16 e-commerce, POS and payment platforms including Amazon, PayPal, Shopify and Stripe. It also integrates with Xero and Quickbooks Online, enabling accountants and bookkeepers to accurately submit eCommerce revenue into the largest accounting platforms.

The solution solves the challenge of manually fetching and consolidating sales data from multiple commerce and payment platforms in different formats. Dext Commerce simplifies sales data and tax calculations across multiple countries, allowing accountants and bookkeepers to more profitably service digital sales clients.

Key Dext Commerce features include:

  • A digital record of sales transactions line by line to support compliance with new data regulations like ‘Making Tax Digital’ in the UK;
  • Making sure clients report and pay the right sales tax, wherever they sell;
  • Itemise sales, fees, refunds and reimbursements data, line by line, with one subscription;

E-commerce sales in the UK and US comprised c. 35% of total retail sales in 2021, nearly doubling in the UK1.

Dext CEO, Adrian Blair, commented: “Millions of businesses now sell via eCommerce platforms like Amazon and Shopify. Dext Commerce enables accountants and bookkeepers to take on these businesses as clients more profitably. Dext Commerce solves two key pain points: getting standardised data, line by line, from multiple sources; and ensuring digital sellers accurately calculate how much tax to pay in different markets.”

Dext Commerce is available to all accountants, bookkeepers and businesses in the UK, US and Canada from September 1st, with rollout in France and Australia later this year.

1 ONS, US Census:

Paul-Reza Afshar

Bombardier to Report Second Quarter 2021 Financial Results on August 5, 2021

MONTRÉAL, Aug. 02, 2021 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) will publish its financial results for the second quarter ended June 30, 2021 on Thursday, August 5, 2021.

On August 5, 2021 at 8:00 a.m., EST, Bombardier will hold a webcast/conference call intended for investors and financial analysts to review the company’s financial results for the second quarter ended June 30, 2021.

A live webcast of the call and relevant financial charts will be available at

Stakeholders wishing to listen to the presentation and question and answer period by telephone may dial one of the following conference call numbers:

In English: 514-392-1587, passcode: 3684902# or
1-877-395-0279, passcode: 3684902# (toll-free in North America)
Overseas calls: +800 4222 8835, passcode: 3684902#
Find Access number (
In French: (with translation) 514-861-1381, passcode: 2610446# or
1-877-695-6175, passcode: 2610446# (toll-free in North America)
Overseas calls: +800 4222 8835, passcode: 2610446#
Find Access number (

The replay of this call will be available on Bombardier’s website shortly after the end of the webcast.

About Bombardier
Bombardier is a global leader in aviation, creating innovative and game-changing planes. Our products and services provide world-class experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montréal, Canada, Bombardier is present in more than 12 countries including its production/engineering sites and its customer support network. The Corporation supports a worldwide fleet of more than 4,900 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals.

News and information is available at or follow us on Twitter @Bombardier.

Bombardier is a trademark of Bombardier Inc.

For Information
Marie-Andrée Charron
1 514.855.5001 ext. 26493

Lantronix Completes Acquisition of Electronics and Software Reportable Business Segment from Communications Systems, Inc.

IRVINE, Calif., Aug. 02, 2021 (GLOBE NEWSWIRE) — Lantronix, Inc. (“Lantronix”) (NASDAQ: LTRX), a global provider of Software as a Service (Saas), connectivity services, engineering services, intelligent hardware and turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), today announced that it has completed its previously announced acquisition of Transition Networks and Net2Edge, which comprises the majority of the Electronics and Software reportable business segment of Communications Systems, Inc. (NASDAQ: JCS) (“CSI”).

The transaction will bring immediate scale to Lantronix, with revenues from the combined company expected to total more than $100 million on an annual basis. The acquisition will bring complementary IoT connectivity products and capabilities, including switching, Power over Ethernet (PoE) and media conversion and adapter products.

Lantronix sees significant operating and product development synergies in the combined company and expects significant day one synergies will drive immediate non-GAAP earnings accretion upon closing, and the company further expects to realize $7 million in annual run rate synergies over the course of the first 24 months. Lantronix will release guidance for its fiscal year 2022 on its fourth quarter fiscal year 2021 earnings conference call, with that date to be named shortly.

Silicon Valley Bank, the bank of the world’s most innovative companies and their investors, along with SVB Capital, provided acquisition financing.

O’Melveny & Myers LLP served as legal advisor to Lantronix.

About Lantronix
Lantronix Inc. is a global provider of secure turnkey solutions for the Internet of Things (IoT) and Remote Environment Management (REM), offering Software as a Service (SaaS), connectivity services, engineering services and intelligent hardware. Lantronix enables its customers to provide reliable and secure IoT Intelligent Edge and OOBM solutions while accelerating time to market. Lantronix’s products and services dramatically simplify the creation, development, deployment and management of IoT projects while providing quality, reliability and security across hardware, software and solutions.

With three decades of proven experience in creating robust IoT technologies and OOBM solutions, Lantronix is an innovator in enabling its customers to build new business models, leverage greater efficiencies and realize the possibilities of the Internet of Things. Lantronix’s solutions are deployed inside millions of machines at data centers, offices and remote sites serving a wide range of industries, including energy, agriculture, medical, security, manufacturing, distribution, transportation, retail, financial, environmental and government.

Lantronix is headquartered in Irvine, Calif. For more information, visit

Learn more at the Lantronix blog,, featuring industry discussion and updates. To follow Lantronix on Twitter, please visit View our video library on YouTube at or connect with us on LinkedIn at

Discussion of Non-GAAP Financial Measures

Lantronix believes that the presentation of non-GAAP financial information, when presented in conjunction with the corresponding GAAP measures, provides important supplemental information to management and investors regarding financial and business trends relating to the company’s financial condition and results of operations. Management uses the aforementioned non-GAAP measures to monitor and evaluate ongoing operating results and trends to gain an understanding of our comparative operating performance. The non-GAAP financial measures disclosed by the company should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP, and the financial results calculated in accordance with GAAP and reconciliations of the non-GAAP financial measures to the financial measures calculated in accordance with GAAP should be carefully evaluated. The non-GAAP financial measures used by the company may be calculated differently from, and therefore may not be comparable to, similarly titled measures used by other companies.

Guidance on earnings per share growth is provided only on a non-GAAP basis due to the inherent difficulty of forecasting the timing or amount of certain items that have been excluded from the forward-looking non-GAAP measures, and a reconciliation to the comparable GAAP guidance has not been provided because certain factors that are materially significant to Lantronix’s ability to estimate the excluded items are not accessible or estimable on a forward-looking basis without unreasonable effort.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements that are not strictly historical statements constitute forward-looking statements and may often, but not always, be identified by the use of such words such as “expects,” “believes,” “intends,” “anticipates,” “plans,” “estimates,” “potential,” “possible,” or “probable” or statements that certain actions, events or results “may,” “will,” “should,” or “could” be taken, occur or be achieved. The forward-looking statements in this press release include, among others, statements about the expected benefits of the acquisition of Transition Networks and Net2Edge (the “Transaction”), including expected synergies in the combined company, to Lantronix and its stockholders, the accretive nature of the proposed Transaction and expected future operating results of the combined company. Forward-looking statements are based on current expectations and assumptions and analyses made by Lantronix and its management in light of experience and perception of historical trends, current conditions, and expected future developments, as well as other factors appropriate under the circumstances. However, whether actual results and developments will conform to expectations is subject to a number of material risks and uncertainties, including but not limited to: Lantronix’s ability to integrate the acquired businesses successfully after the Transaction and achieve anticipated benefits from it; risks relating to any unforeseen liabilities of the acquired businesses; inaccuracies of reserve estimates or assumptions underlying them; revisions to reserve estimates as a result of changes in commodity prices; any loss of management or key personnel; the impact of the COVID-19 pandemic, including the emergence of new more contagious and/or vaccine-resistant strains of the virus and the impact of vaccination efforts, including the efficacy and public acceptance of vaccinations, on the combined companies’ business, employees, supply and distribution chains and the global economy; and any additional factors included in Lantronix’s Report on Form 10-K for the fiscal year ended June 30, 2020, filed with the Securities and Exchange Commission (the “SEC”) on September 11, 2020, including in the section entitled “Risk Factors” in Item 1A of Part I of such report; its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2021, filed with the SEC on April 30, 2021, including in the section entitled “Risk Factors” in Item 1A of Part II of such report; and in the Company’s other public filings with the SEC. In addition, actual results may differ as a result of additional risks and uncertainties of which Lantronix management is currently unaware or does not currently view as material to the Company’s business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements Lantronix makes speak only as of the date on which they are made. Lantronix undertakes no obligation to revise or update publicly any forward-looking statements except as required by law or the rules of the Nasdaq Stock Market, LLC.

Lantronix Media Contact:
Gail Kathryn Miller
Corporate Marketing &
Communications Manager

Lantronix Analyst and Investor Contact:
Jeremy Whitaker
Chief Financial Officer

Lantronix Sales:
Americas +1 (800) 422-7055 (US and Canada) or +1 949-453-3990
Europe, Middle East and Africa +31 (0)76 52 36 744
Asia Pacific + 852 3428-2338
China + 86 21-6237-8868
Japan +81 (0) 50-1354-6201
India +91 994-551-2488

© 2021 Lantronix, Inc. All rights reserved.

Zoom Video Communications to Release Financial Results for the Second Quarter of Fiscal Year 2022

SAN JOSE, Calif., Aug. 02, 2021 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM), a leading provider of frictionless enterprise communications, today announced it will release its financial results for the second quarter of fiscal year 2022 on Monday, August 30, 2021, after the market closes.

A live Zoom Video Webinar of the event can be accessed at 2:00 pm PT / 5:00 pm ET through Zoom’s investor relations website at A replay will be available approximately two hours after the conclusion of the live event.

About Zoom
Zoom is for you. We help you express ideas, connect to others, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for large enterprises, small businesses, and individuals alike. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Visit and follow @zoom.

Public Relations
Colleen Rodriguez
Global PR Lead for Zoom

Investor Relations
Tom McCallum
Head of Investor Relations for Zoom

Extraordinary General Meeting of Allied Bank Limited

Karachi, Allied Bank Limited informed Pakistan Stock Exchange that the Board of Directors of the Bank has decided to hold its Extraordinary General Meeting of the shareholders of the Bank on August 27, 2021 at Lahore mainly for election of Directors.

Further, the company has declared the closed period from August 20, 2021 to August 27, 2021 (both days inclusive).

Allied Bank Limited is incorporated in Pakistan under the Companies Ordinance, 1984. It is a scheduled bank, engaged in commercial banking and related services. The Bank operates a total of 948 branches in Pakistan, 1 branch in Karachi Export Processing Zone Branch, and 1 wholesale banking branch in Bahrain. The subsidiary of the company includes ABL Asset Management Company Limited. The bank is listed on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the bank is situated at Lahore.

The services of the company are in the personal and business banking segment. The services of the bank in the banking segment includes everyday accounts, lifestyle banking, savings and term deposits, credit and debit cards, domestic remittances, banc-assurance and e-banking services.

The symbol “ABL” is being used by the stock exchanges for the shares of Allied Bank Limited.

Annual General Meeting of Exide Pakistan Limited

Karachi, Exide Pakistan Limited informed Pakistan Stock Exchange that the resolution passed and adopted by the shareholders of the Company in the Annual General Meeting of the Company held on July 29, 2021.

EXIDE Pakistan Limited was incorporated in 1953 as a private limited company in association with Chloride Group Private Limited Company of United Kingdom. Chloride had its associates in 35 countries of the world and was supported by chloride Technical.

Exide Pakistan Limited is engaged in the manufacturing and sale of batteries, chemicals and acid and also supply solar energy solutions. The principal activities of the Company is to manufacture and sale of automotive batteries, batteries, chemicals and acid and also supply solar energy solutions and industrial cells. The Company is listed on Pakistan Stock Exchange, and the symbol “EXIDE” is being used for the shares of the Company.

The shares of the Company are 7,768,618. The Earnings per shares of the Company is (71.94) in 2020 which was (64.94) in 2019. The Company had a loss of 558,852,000 in 2020 which was 504,511,000 in 2019.

Auditor’s Certificate Verification Receipt of Systems Limited

Karachi, Systems Limited informed Pakistan Stock Exchange that the Company reported a total amount of Rs. 1,274,914/- has been received from MR. Ovais Khan on Account of consideration money against allotment of 17,676 ordinary shares each of Rs. 10/- (face value) by the Company and shares have been issued.

Systems Limited is a global leader of next-generation IT services and BPO solutions. Ever since its inception in 1977, the company has evolved and taken center stage in information and technology by providing computing strategies and solutions to Government and Private Organizations.

With three decades of experience and IT evolution, they have accomplished above 500 projects completed in the US, Pakistan, Middle East and Africa. They excel at delivering business solutions to a huge list of clients from diverse industries that also includes several names from the Fortune 500. Their offshore facilities established in the US, UAE, UK, and Pakistan, comprise of over 2,500 customer-focused employees providing a great customer experience.

Systems Limited serves to enrich their productivity by guaranteeing that their core business functions work faster, cheaper and better. Using ability to conceptualize, they design, innovate, and implement with the latest and advanced tech proficiencies, hence enabling clients to metamorphose their legacy models and take their business to the next level.

The symbol “SYS” is being used by the stock exchanges for the shares Systems Limited.

Election of Directors of Nazir Cotton Mills Limited

Karachi, Nazir Cotton Mills Limited informed Pakistan Stock Exchange that the seven members have filed as directors of the Company for next three years in the extraordinary general meeting held on July 29, 2021 at Karachi.

Nazir Cotton Mills Limited is the yarn manufacturing company of Pakistan. Its in-house, world-class quality control lab has helped achieve the 5% world yarn standard for quality based on international USTER standards. It is listed on Pakistan Stock Exchange.

The symbol “NAZC” is being used by the stock exchanges for the Nazir Cotton Mills Limited.

Annual General Meeting of Mian Textile Mills Limited to be held on August 03, 2021

Karachi, Mian Textile Mills Limited informed Pakistan Stock Exchange that the resolution passed and adopted by the members in the Annual General Meeting of the Company held on August 03, 2021.

The agenda of the meeting will be confirming the minutes of Extraordinary General Meeting held on June 30, 2021, to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2021 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending June 30, 2021 and fix their remuneration and to transact any other business with the permission of the chair.

Mian Textile Industries Limited, “the Company”, was incorporated in Pakistan on December 01, 1986 as a Public Limited Company under the Companies Ordinance, 1984. Its shares are quoted on Karachi and Lahore Stock Exchanges. The registered office of the Company is situated at 29-B/7, Model Town, Lahore and its manufacturing facilities are located at 48.5 K.M. Multan Road, Bhai Pheru, Tehsil Chunian, District, Kasur. The Company is principally engaged in the business of manufacturing, sale and export of textile products. Due to the un-economical condition the production of own yarn and cloth was closed down and conversion services were extended to other parties. Weaving section building and Spinning section machinery, factory building has been leased to third parties.

The symbol “MTIL” is being used by the stock exchange for the Mian Textile Mills Limited.

Monthly Distribution of National Investment Unit Trust

Karachi, National Investment Unit Trust informed Pakistan Stock Exchange that the Chief Executive Officer on behalf of the Board of Directors of the Company has approved monthly distribution of NIT-Money Market Fund for the year ending June 30, 2022.

The above entitlement will be paid to the unit holders whose names will appear on the respective Register of unit holders of the above mentioned fund at the close of business on August 02, 2021.

National Investment Unit Trust (NIUT) is the Pakistan’s largest and oldest Mutual Fund. The portfolio of NIUT Fund carries an investment of around Rs. 63.581 Billion invested in over 389 listed companies as on March 31, 2016. The Fund belongs to around 48,376 unit holders.

The National Investment Trust Limited (NITL) is the first Asset Management Company of Pakistan, formed in 1962 had Funds under management of approximately Rs. 88 billion, with around 54,864 unit holders as on March 31, 2016. NIT’s distribution network comprises of 23 Branches, Sarmayakari Markaz at Abbottabad, Investor Facilitation Centre at Karachi & various Authorized Bank Branches all over Pakistan.

Recently, Central Depository Company of Pakistan Limited (CDCPL) has been appointed as the new Trustee of NIUT Fund with the approval of Regulatory Authority.

The symbol “NIUT” is being used by the stock exchange for National Investment Unit Trust.