Conagen Successfully Develops Antioxidant Kaempferol by Precision Fermentation

Bedford, Mass., Jan. 05, 2022 (GLOBE NEWSWIRE) — Conagen, the Massachusetts-based biotechnology innovator, announced the successful development of antioxidant kaempferol produced by state-of-the-art, proprietary, precision fermentation. As a biotechnology company specializing in developing commercially valuable molecules for its partners and clients, Conagen’s kaempferol enables brands in nutrition, beauty, and personal care products to adopt a more natural position by formulating with clean and sustainable kaempferol.Recognized as one of nature’s most potent antioxidants, kaempferol is a flavonoid with health-promoting properties found in tea, fruits, and vegetables, especially rich in green leafy vegetables such as spinach and kale.

Rising consumer awareness towards chronic diseases such as cancer and diabetes drives the kaempferol market demand. The global kaempferol market may exceed $6.5 billion by 2025, according to a recent research report by Global Market Insights, Inc.

“We’re bringing to market a pure and natural kaempferol at affordable prices that were not possible or available until now,” said Casey Lippmeier, Ph.D. vice president of innovation at Conagen. “Conagen’s scalable, precision fermentation for producing flavonoids like kaempferol is more efficient and sustainable than what can be achieved with the chemically-synthesized or botanically-sourced molecule.”

Flavonoids are polyphenolic compounds commonly found in plants and are a significant part of the human diet. They are biosynthesized by plants and fungi as secondary metabolites and comprise a diverse group of phytonutrients.

Plants protect themselves and their fruits against biological intruders such as fungi and bacteria by using phenolic phytochemicals, including flavonoids. Accordingly, kaempferol provides powerful anti-microbial, anti-inflammatory, and immune system benefits to humans.

Dietary kaempferol in multiple studies has demonstrated a wide range of promising beneficial activities, primarily as an anti-inflammatory and antioxidant, for reducing the risk of chronic diseases, especially cancer.

Prolonged oxidative stress leads to premature aging and can trigger many degenerative diseases and cancer. Kaempferol’s powerful antioxidant property can help the body’s defense against free radicals that promote cancer development.

Conagen derived kaempferol from its molecular platform for flavonoid antioxidants, including the previously announced molecules: DHQ, also known as Taxifolin, p-coumaric acid, hydroxytyrosol, and rosmarinic acid. The development of natural kaempferol is good news for Conagen’s commercialization partner, Blue California, as kaempferol will expand its offerings of specialty ingredient solutions.

“This launch further demonstrates our talent for delivering innovative compounds which are ideal for dietary supplements and ‘clean-label’ ingredients for functional foods, beverages, and cosmetics,” said Lippmeier. “Our vision for promoting health and wellness is to continuously leverage our precision fermentation capabilities for high-quality phenolic and flavonoid phytonutrients, thus confirming our position as a leader in the development of strains and processes for making clean-label ingredients and nutraceuticals.”

Blue California has a long-standing partnership with biotechnology innovator Conagen. Conagen focuses on developing sustainable, nature-based ingredients that improve existing options in the market or represent completely novel ingredient solutions.

About Conagen

Conagen is a product-focused, synthetic biology R&D company with large-scale contract manufacturing capabilities. Our scientists and engineers use the latest synthetic biology tools to develop high-quality, sustainable, nature-based products by precision fermentation and enzymatic bioconversion. We focus on the bioproduction of high-value ingredients for food, nutrition, flavors and fragrances, pharmaceutical, and renewable materials industries. www.conagen.com

About Blue California

Blue California is a vertically integrated technology company providing innovative ingredient solutions to global partners. With more than 20 years of innovation success, our ingredients are used in commercial products and applications in nutrition, personal care, healthy aging and wellness, functional food and beverage, and beauty. www.bluecal-ingredients.com

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Ana Arakelian, Head of Public Relations and Communications
Conagen
+1.781.271.1588
ana.arakelian@conagen.com

Harris acquires i2 product portfolio from IBM

OTTAWA, Ontario and CAMBRIDGE, United Kingdom, Jan. 04, 2022 (GLOBE NEWSWIRE) — Harris, a global vertical market software provider, has acquired the i2 intelligence analysis product portfolio of IBM, including the i2 Analyst’s Notebook, i2 Enterprise Insight Analysis (EIA) and i2 iBase platforms. The acquisition positions Harris to further deliver mission-critical applications for national defense, state & local law enforcement, maritime security as well as evidence management.

i2’s advanced analytics and intelligence analysis tools, such as the industry leading i2 Analyst’s Notebook, help analysts transform data into decisions in near-real-time, uncover hidden connections with visual displays, and turn overwhelming and disparate data—regardless of the source—into actionable intelligence.

The i2 product portfolio, i2 executives and their global teams will form a new Harris business unit, i2 Group, which will operate independently and autonomously. Jean Soucy, Harris Group President stated: “The acquisition of i2 is important to Harris because not only is it a proven business with an excellent international team of experts, but it also provides Harris with a feature-rich intelligence platform widely deployed by an influential customer base”, adding, “We look forward to working with our partners and customers to expand i2’s capabilities in this highly innovative space.”

“Resilience and collaboration have never been more critical for organizations as they confront the increasing complexity of intelligence analysis. We’re committed to addressing those needs by offering the most complete end-to-end intelligence analysis portfolio on the market” said Jamie Caffrey, Program Director at i2 Group. “The convergence of data and processes is transforming the industry. By integrating i2 into their existing networks, customers will be able to better leverage their data and will be empowered to unlock valuable insights that can translate into business success.”

As part of publicly traded Constellation Software Inc. (TSX: CSU), Harris’ financial strength, software industry expertise, and public safety focus were important factors in finding a forever home to execute i2 Group’s long-term growth strategies.

Visit www.i2group.com to learn more about i2 solutions.

For further information contact:

Jean Soucy
Group President
Phone: +1 581-205-9821
Email: JSoucy@harriscomputer.com

Steve Hammond
Portfolio Leader
Phone: +44 787-486-2811
Email: SHammond@harriscomputer.com

About N. Harris Computer Corporation (Harris)

Harris acquires vertical market software businesses, manages them well, and builds them for the future. Through acquisitions, Harris has grown extensively from its roots in the utilities, local government, education, and healthcare verticals to operate over 170 businesses globally across more than 20 industries. We are a part of Constellation Software Inc. (TSX: CSU), one of the world’s most active acquirers of VMS businesses.

About Constellation Software Inc.
Constellation Software acquires, manages and builds vertical market software businesses.

Expereo Appoints Ben Elms as Chief Revenue Officer

New addition strengthens executive management team of Amsterdam based global network company

AMSTERDAM, The Netherlands, Jan. 04, 2022 (GLOBE NEWSWIRE) — Expereo, the world’s leading provider of Global Internet, Cloud Access Optimization, SASE, and SD-WAN services, has today announced the appointment of Ben Elms as Chief Revenue Officer. Elms’ s overarching brief is to lead the Sales and go-to-market transformation across all channels and drive the expansion and adoption of Expereo’s services globally.

Elms brings more than 20 years of operational expertise and leadership in the telecommunications industry. Most recently, he served as the Group Director (CEO) at Vodafone Global Enterprise, a division of Vodafone Group Plc, a leading international wireless and wireline operator. Whilst there, he was responsible for leading global team managing relationships with multinational customers around the globe. During his tenure, the business outperformed the market with strong EBITDA performance and delivered significant improvements in customer and employee satisfaction whilst driving a program of operational efficiencies.

With his strong market experience, customer track record, and breadth of international expertise, he is a significant hire for the company as it continues its global growth and development.

Commenting on the appointment Irwin Fouwels, CEO at Expereo, said,

“Ben exhibits all the trademarks of a great leader, a true team player with super-strong commercial acumen and operational experience whilst demonstrating a relentless focus on the needs of the customer. Over the last few years, we see enterprises becoming even more cloud and internet-centric. Expereo has established a global leadership position in the highly attractive global cloud and software-defined networking market. I am very excited to have Ben join our company to continue our global go-to-market transformation. I am looking forward to a great partnership to take Expereo to further heights.

On joining the Expereo, Elms said:

“I am honored to be appointed as Expereo’s first Chief Revenue Officer and to lead the next phase of growth. Expereo is on an exciting journey and has developed a unique market leadership position. My immediate focus will be on serving our customers as we continue to invest and expand our market position and in building operational excellence in our go-to-market. I look forward to speaking and meeting with employees, customers, and partners and working with Irwin and the team to take the business forward in a market that has a huge opportunity.”

Elms’ appointment comes after a sustained period of acquisition and expansion for Expereo, which will continue into 2022. With Elms added to its executive management team, the business will look to further consolidate its position as a leading player in the market – delivering simplified global networks while delighting customers with the seamless delivery of complementary services from one trusted supplier

About Expereo
Expereo is the leading provider of managed network solutions, including Global internet connectivity, SD-WAN, SASE, and Cloud Access Optimization services. Expereo is the trusted partner of 30% of Fortune 500 companies and powers enterprise and government sites worldwide, helping to enhance every business’ productivity with flexible and optimal Internet performance. In Feb 2021, Vitruvian Partners international growth capital and buyout firm acquired a majority stakeholding in Expereo, alongside the leading European private equity firm Apax Partners SAS and company management.

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MEDIA CONTACT:
Sofia Pensado
Account Director
sofia@grammatikagency.com
+447540221914

Notice for Revocation of Pak Oman Asset Management Company Limited

Karachi, Pak Oman Asset Management Company Limited informed Pakistan Stock Exchange that the management of the company has decided to proceed with the revocation of the fund from the date of this notice as the management company believes that continuation of the fund is not commercially viable due to substantially reduction in fund.

Pak Oman Asset Management Company Ltd. (POAMCL) is a Non-Banking Finance Company incorporated on July 28, 2006 as a public unlisted company with the principal objective to manage mutual funds as well as discretionary portfolios for all types of investors.

Extension in holding Annual General Meeting of Tandlianwala Sugar Mills Limited

Karachi, Tandlianwala Sugar Mills Limited informed Pakistan Stock Exchange that the competent authority has granted approval for extension in time for filing of Quarter Accounts for the period ended December 31, 2022 on or before March 01, 2022.

The Company was incorporated in Pakistan on November 01, 1988 as a public limited company. The principal activity of the Company is production and sale of white crystalline sugar and ethanol.

TSML produces sugar, ethanol and carbon dioxide and produced its first refined sugar in 1992 and have expanded frequently since then. The Sugar operation of the company is began with their mill at Kanjwani, in Punjab’s Faisalabad District. TSML is also Pakistan’s ethanol producer, manufacturing both ENA and REN grades.

The total numbers of shares are 117,706,300. The Earnings per share is (2.39) in 2020 which was 12.30 in 2019. The Profit after Taxation is (281,725,000) which were 1,448,317,000 in 2019.

Transmission of Annual Report for the Year Ended September 30, 2021 of Habib Sugar Mills Limited

Karachi, Habib Sugar Mills Limited informed Pakistan Stock Exchange that Annual Report of the Company for the year ended September 30, 2021 have been transmitted through PUCARS and is also available on Company’s website.

Habib Sugar Mills Limited is a public limited company incorporated in Pakistan. The Company is engaged in the manufacturing and marketing of refined sugar, ethanol, liquidities carbon dioxide (CO2), household textiles, providing bulk storage facilities and trading of commodities.

Established in 1962, the company produces 18,000 tonnes of liquified CO2. HSM also maintains bulk terminals at the port for commodity storage as well as for import and export purposes.

The total numbers of shares are 150,000,000. The Earnings per share is 4.63 in 2020 which was 8.02 in 2019.The Profit after Taxation is 694,295,000 in 2020 which was 1,202,276,000 in 2019.

Transaction of 63,541 shares of Millat Tractors Limited

Karachi, Millat Tractors Limited informed Pakistan Stock Exchange about transaction of shares of the company. 63,541 shares @ Rs. 0.00 per share were Inheritance in the market on January 03, 2022 through CDC.

Millat Tractors Limited is a public interest company, was incorporated on June 08, 1964. The Company is engaged in assembly and manufacturing of agricultural Tractors, Implements and Multi-application products. The Company is also involved in the sale, implementation and support of IFS applications in Pakistan.

The total number of shares of the Company are 56,057,751. The Earnings per share of the Company is 43.16 in 2020 which was 73.01 in 2019. The Profit After Taxation is 2,150,548,000 in 2020 which was 3,638,045,000 in 2019.

Annual general meeting of Dewan Textile Mills Limited to be held on January 27, 2022

Karachi, Dewan Textile Mills Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on January 27, 2022 at Karachi.

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on January 27, 2021, to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended September 30, 2021 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending September 30, 2021 and fix their remuneration and to transact any other business with the permission of the chair.

Further, the closed period of the company is from January 20, 2022 to January 27, 2022 (both days inclusive).

Dewan Textile Mills Limited was incorporated in Pakistan on 16 April 1970 as a public limited company. The principal activity of the Company is manufacturing and sale of yarn. However, the Company has suspended its manufacturing operations since December 2015.

The shares of the Company are 46,064,609. The Earnings per shares of the company is (13.17) in 2020 which was (18.98) in 2019. The Company had a loss of 606,778,000 in 2020 which was 874,172,000 in 2019.

Transaction of 5,000 shares of Avanceon Limited

Karachi, Avanceon Limited informed Pakistan Stock Exchange about transaction of shares of the company. 5,000 shares @ Rs. 95.70 per share were sold in the market on January 03, 2022 through CDC.

Avanceon Limited was incorporated in Pakistan on 26 March 2003, as a private limited company which was converted to a public company on 31 March 2008. The Company’s principally business is to trade in products of automation and control equipment and to provide related technical services.

In Pakistan they are operating from Lahore, Karachi and Islamabad in manufacturing and other segments which includes Oil and Gas, Power, Infrastructure, Transportation, as well as FMCG.

The Company is listed on Pakistan Stock Exchange Limited, and “AVN” is being used by the Stock Exchange for the shares of the Company.

The number of shares the company has introduced are 256,593,357. The Earnings per shares of the Company is 3.18 in 2020, which was 3.01 in 2019. The profit after taxation in 2020 has increased which is 673,839,000 compare to 653,870,000 in 2019.

Bonus Shares of At-Tahur Limited

Karachi, At-Tahur Limited informed Pakistan Stock Exchange that the bonus shares authorized the undersigned to consolidate and dispose of 358 fractional shares at the market value Rs. 23.3693 and the amount so received, be donated to any Charitable Institution.

At-Tahur Limited is a public limited Company incorporated on 16 March 2007. The principal activity of the Company is to run dairy farm for the production and processing of milk and dairy products.

The total numbers of shares are 177,467,070. The Earnings per share is 0.34 in 2020 which was 1.69 in 2019. The Profit after Taxation is 54,885,000 in 2020 which was 270,100,000 in 2019.

Election of Directors of Siemens Pakistan Engineering Company Limited

Karachi, Siemens Pakistan Engineering Company Limited informed Pakistan Stock Exchange that the seven members have filed with the company notice of their intention to offer themselves for election as Directors of the Company at the Annual General Meeting to be held on January 13, 2022.

Siemens (Pakistan) Engineering Co.Ltd was incorporated in Pakistan in 1953 as a public limited company. The Company is principally engaged in execution of projects under contracts and in manufacturing, installation and sale of electronic and electrical capital goods. The head office is situated at Karachi.

The Company is listed on Pakistan Stock Exchange with the total numbers of shares that are 8,247,037. The Earnings per shares of the Company is (60.14) in 2020 which was 86.03 in 2019. The Profit After Taxation in 2020 is (496,015,000) which was 709,468,000 in 2019.

Transaction of 15,000 shares of Byco Petroleum Pakistan Limited

Karachi, Byco Petroleum Pakistan Limited informed Pakistan Stock Exchange about transaction of shares of the company. 10,000 shares @ Rs. 6.85 per share were bought from the market on January 03, 2022 and 5,000 shares @ Rs. 6.78 per share were bought from the market on January 03, 2022 through CDC.

Byco Petroleum Pakistan Limited was incorporated in Pakistan as a public limited company on January 09, 1995. The Company currently operates two business segments namely Oil Refinery Business and Petroleum Marketing Business and logistics. Petroleum Marketing Business was formally launched in 2007. Byco has refining capacity of 155,000 barrels a day, converting crude oil into various saleable components including Liquefied Petroleum Gas, Light Naphtha, Heavy Naphtha, High Octane Blending Component, Motor Gasoline, Kerosene, Jet Fuels, High Speed Diesel and Furnace Oil.

The total number of shares the company has introduced are 5,329,884,706. The Earnings per share is (0.46) in 2020 which was (0.32) in 2019. The Company has a loss of 2,430,499,000 in 2020 compare to 1,683,700,000 in 2019.