Companies news of 2017-12-12 (page 1)

 
Mandatory Notification of Trade - Flagging: NextGenTel Holding ASA

OSLO, Norway, Dec. 12, 2017 /PRNewswire/ -- Synesi AS, a company owned by Espen Fjogstad, member of the board of directors of NextGenTel Holding ASA (the "Company"), has 12 December 2017 purchased 500,000 shares in NextGenTel Holding ASA at an average price of NOK 19.00 per share. After this transaction, Synesi AS holds 1,250,000 shares in the Company. This represents 5.37% of total number of outstanding shares in the Company.

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NextGenTel Holding ASA 
http://nextgentelholding.com 
IR@nextgentel.com

Top Cruise Ships of 2017 Named by Cruise Critic

MSC Meraviglia is Best New Ship; Uniworld named Best River Cruise Line

LONDON, Dec. 12, 2017 /PRNewswire/ -- Cruise Critic, the world's largest cruise reviews site and online cruise community, has announced the winners of its 9th annual UK Editors' Picks Awards. The awards are selected by a global panel of impartial cruise experts from Cruise Critic, to highlight the best ocean, river and luxury cruise lines across dozens of categories.

"With more Brits than ever before trying a cruise for the first time, it's evident that a holiday at sea is becoming a more compelling proposition," explained Cruise Critic's UK Managing Editor, Adam Coulter. "These awards combine our editors' impartial cruise expertise, based on first-hand experiences and industry knowledge, to ultimately help travellers select the best cruise choice for them, from the myriad of amazing options now available."

The Ocean's Best

The award for 'Best New Ship' on the ocean went to MSC Cruises' 4,475-passenger MSC Meraviglia, which debuted in June. It was commended by editors for innovations such as introducing Cirque du Soleil at sea, and the exclusive suite-class Yacht Club. MSC Cruises also won the 'Best for Families' award  for the first time ever.

Marella (formerly Thomson) Cruises, whose fares include all tips and service charges, as well as alcohol drinks on some of its ships, was awarded 'Best Value for Money'. Celestyal Cruises won a new award for 2017 - the 'Best for Service' award.

Another new accolade for 2017, 'Best for Solo Travellers', went to Fred. Olsen Cruise Lines. It also won the coveted 'Best Itineraries' award.

Other ocean cruise line award winners included Celebrity Cruises, which kept its awards for 'Best Cabins' and 'Best Shore Excursions'. While sister company, Royal Caribbean, also held onto two of its titles -  for 'Best Entertainment' and 'Best Suites'

River's Crème da le Crème

Retaining its 2016 titles for 'Best River Cruise Line' and 'Best for Luxury', the judges felt that Uniworld's Boutique River Cruise Collection brought the atmosphere of opulent hotels to the rivers. Uniworld also took the new 2017 award for 'Best for Service'.

Avalon secured the 'Best Cabins' accolade for installing window-facing beds with memory foam mattress toppers and a choice of pillows. It additionally took the "Best for Active Travellers" award.

Luxury's Finest

In the luxury awards, Seabourn held onto the title for 'Best Luxury Cruise Line'. Judges were especially bowled over by Seabourn Encore, with its sumptuous, yacht-like feel and finest boutique hotel ambience.  Seabourn also, once again, secured the 'Best Enrichment' award.

The 'Best Dining' award went to Crystal for its imaginative menus and quality range of restaurant offerings. The line also secured the 'Best for Service' and 'Best for Solo Travellers' awards, as well as the 'Best Ship Refurbishment' accolade for Crystal Symphony.

Viking Ocean Cruises was once again handed awards for 'Best Value for Money' and 'Best Spa'.

Award-winning Ports

Southampton Port kept the 'Best UK Departure Port' title for the ninth year in a row. Guernsey took the award for 'Best UK & British Isles Port of Call'.

Please find the full list of all winners, below.

2017 Cruise Critic UK Editors' Picks Awards (Ocean):
Best New Ship: MSC Meraviglia
Best Ship Refurbishment: Cunard - Queen Victoria
Best for Adventure: Hurtigruten
Best Cabins: Celebrity Cruises
Best Dining: Holland America
Best Entertainment: Royal Caribbean
Best for Families: MSC Cruises
Best Itineraries: Fred. Olsen Cruise Line
Best Nightlife: Norwegian Cruise Line
Best for Romance: Celebrity Cruises
Best Service: Celestyal Cruises
Best Shore Excursions: Celebrity Cruises
Best for Solo Travellers: Fred. Olsen Cruise Line
Best Suites: Royal Caribbean
Best Value for Money: Marella (formerly Thomson) Cruises
Best UK Departure Port: Southampton
Best UK & British Isles Port of Call: Guernsey

2017 Cruise Critic UK Editors' Picks Awards (River):
Best River Cruise Line: Uniworld Boutique River Cruise Collection
Best New River Ship: Crystal Cruises - Crystal Bach
Best for Active Cruisers: Avalon Waterways
Best for Adventure: Pandaw River Cruises
Best Cabins: Avalon Waterways
Best Dining: AmaWaterways
Best Enrichment: Viking River Cruises
Best for Families: Tauck
Best Itineraries: Viking River Cruises
Best for Luxury: Uniworld Boutique River Cruise Collection
Best Service: Uniworld Boutique River Cruise Collection
Best Shore Excursions: Tauck
Best for Solo Travelers: Pandaw River Cruises
Best Value for Money: Amadeus River Cruises 

2017 Cruise Critic UK Editors' Picks Awards (Luxury):
Best Luxury Cruise Line: Seabourn
Best New Luxury Ship: Silversea - Silver Muse
Best Ship Refurbishment: Crystal Symphony
Best for Adventure: Silversea
Best Cabins: Regent Seven Seas Cruises
Best Dining: Crystal
Best Enrichment: Seabourn
Best Itineraries: Silversea
Best for Romance: Windstar
Best Service: Crystal
Best Shore Excursions: Azamara Club Cruises
Best for Solo Travelers: Crystal
Best Spa: Viking Ocean Cruises
Best Value for Money: Viking Ocean Cruises

For the full details of this year's winners, visit the 2017 Cruise Critic UK Editors' Picks Awards listing.

About Cruise Critic
Cruise Critic® is an online cruise guide, offering a comprehensive resource for cruise travelers, from first-time cruisers to avid cruise enthusiasts. The site features more than 350,000 cruise reviews and hosts the world's largest online cruise community where travelers share experiences and opinions with fellow cruisers. Cruise Critic was the first consumer cruise site on the Internet, launched in October 1995 by The Independent Traveler, Inc., a subsidiary of TripAdvisor, Inc.

About TripAdvisor
TripAdvisor-branded sites are home to the world's largest travel community of 455 million average monthly unique visitors*, with over 570 million reviews and opinions covering the world's largest selection of travel listings worldwide -- covering 7.3 million accommodations, airlines, attractions, and restaurants.

TripAdvisor, Inc. (NASDAQ: TRIP), through its subsidiaries, manages and operates websites under 20 other travel media brands: www.airfarewatchdog.com, www.bookingbuddy.com, www.citymaps.com, www.cruisecritic.com, www.familyvacationcritic.comwww.flipkey.com, www.thefork.com (including www.lafourchette.com, www.eltenedor.com, www.iens.nl and www.dimmi.com.au), www.gateguru.com, www.holidaylettings.co.uk, www.holidaywatchdog.com, www.housetrip.com, www.jetsetter.com, www.niumba.com, www.onetime.com, www.oyster.com, www.seatguru.com, www.smartertravel.com, www.tingo.com, www.vacationhomerentals.com and www.viator.com.  

*Source: TripAdvisor log files, average monthly unique visitors, Q3 2017

UK Media Contact:
Laurena McKenna, Cruise Critic
lmckenna@cruisecritic.com
T: 020 3194 2137

Zurich rolls out Medallia Experience Cloud to enhance customer experience

SAN MATEO, California, Dec. 12, 2017 /PRNewswire/ -- Medallia, Inc. (www.medallia.com) today announced it has been appointed by leading insurer Zurich to expand the use of Medallia Experience Cloud? across its UK insurance business.

Medallia company logo. (PRNewsFoto/Medallia)

The insurer is now implementing Medallia Experience Cloud across its General Insurance business for the first time, building on systems it already has in place to track customer experience amongst Zurich's retail life customers.

Medallia Experience Cloud provides the insurer with sophisticated customer data in real-time, giving Zurich employees another mechanism to help them understand and act on customer feedback to complement existing systems already in place. The technology also provides Zurich with valuable customer insights to help the insurer shape its customer retention strategy.

"We are delighted to be working with Medallia and using their customer data analysis tools across our UK business for the first time," Tulsi Naidu, CEO, Zurich UK. "This is an exciting development for us which will help us better understand the customer experience and shape our strategy to ensure we continue to deliver a first class service for all our customers."

In addition to Medallia's desktop technology being deployed across its UK business, the insurer is also using the Medallia mobile app to track real-time comments from its customers.

"We work closely with our clients to help them anticipate customer needs and adapt their organizations to meet them," said Borge Hald, CEO and Co-Founder, Medallia. "By using Medallia Experience Cloud across the company, Zurich can engage everyone in the company with the customer feedback that is relevant to their job."

About Medallia

Medallia's mission is simple: to create a world where companies are loved by customers and employees alike. Hundreds of the world's best-loved brands trust Medallia's Software-as-a-Service application to help them capture customer feedback everywhere the customer is (on the phone, in store, online, mobile), understand it in real-time, and deliver insights and action everywhere?from the C-suite to the frontline?to improve their performance. Founded in 2001, Medallia has offices in Silicon Valley, New York, London, Paris, Sydney, Buenos Aires, and Tel Aviv. Learn more at www.medallia.com.

About Zurich

Zurich in the UK
Zurich provides a suite of general insurance and life insurance products to retail and corporate customers.

We supply personal, commercial and local authority insurance through a number of distribution channels, and offer a range of protection, retirement and savings policies available online and through financial intermediaries for the retail market and via employee benefit consultants for the corporate market.

Specialist student and young person insurance provider Endsleigh has been wholly-owned by Zurich since 2007 and remains the only insurance brand recommended by NUS. Endsleigh offers a range of motor, home, travel and gadget cover and more information can be found here.

Based at around 20 locations across the UK - with large sites in Birmingham, Cheltenham, Farnborough, Glasgow, London, Swindon and Whiteley - Zurich employs approximately 6,000 people in the UK.

Corporate Responsibility is an integral part of how we do business and Zurich understands the need to set and maintain high standards of integrity towards our customers, employees, local communities, society and the environment. As a result of this work, Zurich holds the Business in the Community's 'CommunityMark'. This award is the UK's only national standard that publicly recognises excellence in community investment which in Zurich's case is mainly delivered by the Zurich Community Trust, the charitable arm of Zurich in the UK. For more information about Zurich's commitment to Corporate Responsibility and the Trust's work, please visit our website here.

Zurich Globally
Zurich Insurance Group (Zurich)
is a leading multi-line insurer that serves its customers in global and local markets. With about 54,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 210 countries and territories. Zurich's customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information about Zurich is available at www.zurich.com.

CONTACT:  press@medallia.com

Logo - http://mma.prnewswire.com/media/159007/medallia_logo.jpg

Glance Announces Speaking Spot at Blockchain Davos Conference

VANCOUVER, British Columbia, December 12, 2017 /PRNewswire/ --

Glance Technologies Inc.(CSE: GET.CN)(OTCQB: GLNNF) is pleased to announce that it will be attending and speaking on a panel at the inaugural Blockchain Davos event to be held in Davos Switzerland January 23 - 26, 2018. Glance will also be a sponsor of the event.

Each year in January, the top global leaders gather in Davos from every country and sector to collaborate on developing shared initiatives to improve the condition of our world. Led by 2017's blockchain boom and the "Fourth Industrial Revolution", Blockchain Davos is a gathering to build partnerships for a decentralized future. Blockchain Davos is an exclusive invite only conference for attendees. The event is timed to coincide with the annual World Economic Forum, which is also being held in Davos.

Glance is attending the event to raise awareness of its upcoming cryptocurrency and to make further inroads into the worldwide cryptocurrency and blockchain community. Glance's planned cryptocurrency is a rewards based token that will be granted as rewards to users of the Glance Pay mobile payment app every time they spend on the Glance Pay mobile payment network, whether they have paid with the new cryptocurrency or via other payment methods. This strategy is intended to support rapid adoption of the cryptocurrency to a broad range of consumers, although the app will also be marketed to crypto users in leading urban centers. Glance also intends to apply elements of its anti-fraud technology to this cryptocurrency to reduce the risk associated with converting traditional currencies to and from cryptocurrencies.

This conference will allow Glance to highlight the functionality from its previously announced purchase of the Blockimpact platform, which is a complete end-to-end cryptocurrency blockchain solution including the following features:

  • Biometric ID
  • Blockchain Distributed Ledger Technology
  • Digital messaging / group chat (with functionality similar to Whatsapp)
  • Financial wallet
  • Open application program interface (API)
  • Crypto/token/fiat wallet (which allows seamless conversion between currencies)
  • Reward system
  • Encrypted cyber security
  • In-app support system
  • Document sharing
  • Social network features
  • Peer to Peer marketplace functionality

Clarification 

As a clarification of Glance's news release dated Dec 07, 2017: Fatburger Canada entered into an agreement with the intent to develop one store for a test trial of Glance's technology.

About Glance Technologies Inc. 

Glance Technologies owns and operates Glance Pay, a streamlined payment system that revolutionizes how smartphone users choose where to dine, order goods and services, make payments, access digital receipts, redeem digital deals, earn great rewards & interact with merchants. Glance is building a valuable network of merchants and consumers, and offers targeted in-app marketing, geo targeted digital coupons, customer feedback, in-merchant messaging and custom automated rewards programs. The Glance Pay mobile payment system consists of proprietary technology, which includes user apps available for free downloads in IOS (Apple) and Android formats, merchant manager apps, a large scale technology hosting environment with sophisticated anti-fraud technology and lightning fast payment processing. Glance Pay has entered into significant licensing agreements to access the cannabis, fitness and wellness, foreign student and tourist markets through Cannapay Financial Inc., Active Pay Distribution Inc. and Euro Asia Pay Holdings Inc. Glance Pay is currently developing a rewards based cryptocurrency to be integrated into its platform.

For more information about Glance, please go to www.glance.tech 

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.  

Forward-Looking Statements 

This press release contains forward-looking information or forward-looking statements (collectively "forward- looking information") within the meaning of applicable securities laws. Forward- looking information is typically identified by words such as: "believe", "expect", "anticipate", "intend", "estimate", "potentially" and similar expressions, or are those, which, by their nature, refer to future events. Glance cautions investors that any forward-looking information provided by Glance is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking complete discussion of such risk factors and their potential effects which may be accessed through the Glance's profile on SEDAR at www.sedar.com. In particular, Glance may not be successful in building its planned cryptocurrency or there may not be sufficient support for the cryptocurrency to make it a success.

For more information, contact:
Christina Rao
Vice President, Investor Relations
+1-(604)-723-7480
investors@glancepay.com


Clavister and EIB Hold Press Conference on December 18th, 2017

ÖRNSKÖLDSVIK, Sweden, Dec.12, 2017 /PRNewswire/ --

Clavister (CLAV: NASDAQ), a leader in high-performance network security solutions, and the European Investment Bank (EIB), will conduct a press conference this Dec. 18, 2017 in Nasdaq Stockholm auditorium for selected media. The conference is related to the expansion of Swedish and European high-tech companies that the EIB invests in to create a European economy that competes successfully in the global ITC sector. The event will be officiated by Alexander Stubb, former Prime Minister of Finland and current Vice President of the EIB; President and CEO of Clavister, John Vestberg and Clavister's Chairman of the Board, Viktor Kovács.  

For media requests or additional information please contact:

Sam Coleman,
Vice President of Marketing and Corporate Communications
Sam.coleman@clavister.com

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Autoliv Concludes Strategic Review and Prepares for Spin-off of its Electronics Segment

STOCKHOLM, Dec. 12, 2017 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that its Board of Directors has concluded its strategic review and decided to prepare for a spin-off of its Electronics business segment, creating a new, independent publicly traded company during the third quarter of 2018.

The analyses conducted under the strategic review concluded that the assumptions made at the time of the initial announcement in September 2017 to separate the Company hold true. Through the separation, additional value for shareholders and other stakeholders will be created by the ability to better address two distinct, growing markets with leading product offerings.

The key drivers for the separation include:

  • The different pace of technology advancement in the two businesses
  • Different skill sets of people throughout the organizations (leadership, engineering, sales)
  • Different Sales growth rates over the near and long-term with limited customer or operational synergies
  • Different market needs driving investments for growth and innovation (RD&E)
  • A potentially different shareholder profile due to the timing of returns

"With the strategic review concluded we now continue the process with full focus on a successful introduction of our two business segments as stand-alone companies during 2018. We are excited about the strategic opportunities for both our current business segments as separate companies", said Jan Carlson, Chairman, President and CEO of Autoliv.

The spin-off will be effected by a payment of a dividend of the common stock of the new Electronics company on a pro rata basis to the holders of common shares (including through Swedish Depository Receipts) of Autoliv as of a yet to be determined record date.

As part of the preparation for the spin-off, the Electronics business is expected to receive a cash injection from Autoliv, with the underlying objective of Autoliv to remain strong investment grade. The intent is for the spin-off to be tax free to stockholders both in the US and Sweden. A Form 10 registration statement for the transaction will be filed with the Securities and Exchange Commission during the first half of 2018. It will include historical financial information for the Electronics business on a stand-alone basis for the fiscal years 2015-2017 and other details regarding the proposed spin-off.

After the spin-off, Autoliv's current Passive Safety segment would continue to operate under the Autoliv name, with continued listings on the New York Stock Exchange and Nasdaq Stockholm. The Electronics business will assume a new company name to be announced at a later stage. It is also expected to be listed in the United States and Sweden. Both companies are to be headquartered in Stockholm, Sweden.

Forward looking full year 2018 indications for the stand-alone entities are expected to be given in connection with Autoliv's Q4 2017 earnings release.

The spin-off is expected to be completed during the third quarter of 2018 subject to market, regulatory and certain other conditions, including approval by Autoliv's board of directors. There can be no assurance regarding the ultimate timing of the spin-off or that the spin-off will ultimately occur. Further updates to the progress of the separation and stock market listing process will be provided in a timely manner.

Background

Electronics consists of Active Safety Products (automotive radars, cameras with driver assist systems, night vision systems and positioning systems), Restraint Control and Sensing and Brake Systems. Its market (particularly in active safety towards autonomous driving) is characterized by a high pace of change and growth which requires an agile innovation and partnering model as well as significant upfront investments to capture future growth. It is estimated that the total available market for Safety Electronics will grow from around $20 billion in 2017 to more than $40 billion in 2025. The objective for Electronics is to capture a significant portion of that growth while continuously improving the profitability of the unit.

Electronics is one of the leaders in Active Safety today with one of the broadest and most advanced product portfolios in the industry. Over the last two years Electronics has further positioned itself to be a major player in automotive electronics, including the competitiveness of the product portfolio, becoming a qualified supplier with a high number of OEM's for active safety and entering into important partnerships with companies like Volvo Cars (Zenuity), NVIDIA and LiDAR experts Velodyne for the next generation of highly automated cars. In 2016, Electronics sales were $2.216 billion, with a target to reach $3 billion in revenue in 2020.

Passive Safety consists of airbag systems, steering wheels and seatbelts. Its market is characterized by stable growth and incremental innovation which requires the highest requirements on quality and manufacturing efficiency. It is estimated that the total available market for Passive Safety will grow from around $20 billion in 2017 to around $25 billion in 2025. During the same period Passive Safety is expected to outgrow the market and light vehicle production, which is expected to grow by close to two percent annually. The objective for Passive Safety is to remain the market and innovation leader while maintaining a high level of quality and capital efficiency and further improving its margin performance.

Passive Safety is the global market leader with a market share of 39% in 2016. Over the last 2.5 years Passive Safety's share of order intake has been around 50% or more indicating significant market share expansion ahead. Standalone, Passive Safety will have increased freedom to further optimize its performance. In 2016 Passive Safety sales were $7.9 billion, with a target to reach more than $10 billion in revenues in 2020.

Inquiries:

Media
Thomas Jönsson
Group Vice President, Corporate Communications  
Tel +46(0)8-5872-0627

Investors
Ray Pekar
Vice President Investor Relations Americas 
Tel +1- 248-794-4537

Anders Trapp
Vice President Investor Relations
Tel +46(0)8-5872-0671

This information is information that Autoliv, Inc. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the Group VP of Corporate Communications set out above, at 08.30 CET on December 12, 2017.

About Autoliv

Autoliv, Inc. is the worldwide leader in automotive safety systems, and through its subsidiaries develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Together with its joint ventures, Autoliv has more than 80 facilities with 70,000 employees in 27 countries. In addition, the Company has 22 technical centers in ten countries around the world, with 19 test tracks, more than any other automotive safety supplier. Sales in 2016 amounted to about US $10.1 billion. The Company's shares are listed on the New York Stock Exchange (NYSE: ALV) and its Swedish Depository Receipts on Nasdaq Stockholm (ALIV sdb). For more information about Autoliv, please visit our company website at www.autoliv.com.

Safe Harbor Statement

This release contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Autoliv, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements, including without limitation, statements related to the completion and timing of the proposed spin-off, the future performance of the Passive Safety and Electronics businesses on a stand-alone basis if the spin-off is completed; the outlook for Passive Safety and Electronics as separate businesses if the spin-off is completed; the expected strategic, operational and competitive benefits of the proposed spin-off and the effect of the separation on Autoliv and its stakeholders; management's examination of historical operating trends and data, as well as estimates of future sales, operating margin, cash flow, effective tax rate or other future operating performance or financial results, are based upon our current expectations, various assumptions and/or data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. In some cases, you can identify these statements by forward-looking words such as "estimates", "expects", "anticipates", "projects", "plans", "intends", "believes", "may", "likely", "might", "would", "should", "could", or the negative of these terms and other comparable terminology, although not all forward-looking statements contain such words. Because these forward-looking statements involve risks and uncertainties, the outcome could differ materially from those set out in the forward-looking statements for a variety of reasons, including without limitation, changes in light vehicle production; fluctuation in vehicle production schedules for which the Company is a supplier, changes in general industry and market conditions or regional growth or decline; changes in and the successful execution of our capacity alignment, restructuring and cost reduction initiatives and the market reaction thereto; loss of business from increased competition; higher raw material, fuel and energy costs; changes in consumer and customer preferences for end products; customer losses; changes in regulatory conditions; customer bankruptcies, consolidations, or restructurings; divestiture of customer brands; unfavorable fluctuations in currencies or interest rates among the various jurisdictions in which we operate; component shortages; market acceptance of our new products; costs or difficulties related to the integration of any new or acquired businesses and technologies; continued uncertainty in pricing negotiations with customers; successful integration of acquisitions and operations of joint ventures; successful implementation of strategic partnerships and collaborations; our ability to be awarded new business; product liability, warranty and recall claims and investigations and other litigation and customer reactions thereto; (including the resolution of the Toyota recall); higher expenses for our pension and other postretirement benefits, including higher funding requirements for our pension plans; work stoppages or other labor issues; possible adverse results of pending or future litigation or infringement claims; our ability to protect our intellectual property rights; negative impacts of antitrust investigations or other governmental investigations and associated litigation relating to the conduct of our business; tax assessments by governmental authorities and changes in our effective tax rate; dependence on key personnel; legislative or regulatory changes impacting or limiting our business; political conditions; dependence on and relationships with customers and suppliers; the uncertainty as to which strategic alternatives may be available with respect to the Electronics business, whether any transaction will be commenced or completed as a result of such review, and the timing and value of any such transaction; risks related to the potential separation of the Electronics business; and other risks and uncertainties identified under the headings "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Reports and Quarterly Reports on Forms 10-K and 10-Q and any amendments thereto. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any forward-looking statements in light of new information or future events, except as required by law.

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New Zealand Breast Center Chooses Sectra's Imaging Solution

LINKÖPING, Sweden, Dec. 12, 2017 /PRNewswire/ --

International medical imaging IT and cybersecurity company Sectra (STO: SECT B) has implemented its IT solution for breast imaging at St Marks Breast Centre in New Zealand. With Sectra's comprehensive solution, the radiologists at St Marks Breast Centre now have full access to all images and tools from a single workstation login.

"With Sectra's solution we are able to read all types of radiology images, such as mammograms, MRI, and tomosynthesis, all from a single workstation," says Debbie Van Ryswyk, General Manager at St Marks Breast Centre. "This means that we get a comprehensive solution that provides us with a full patient overview. Since implementation, we have seen improved time and workflow efficiencies."

The solution is sold as a service and includes migration of 80,000 studies from St Marks Breast Centre's previous system into the Sectra solution.

Sectra Breast imaging reading efficiency
Sectra PACS features world-leading functionality for efficient mammography screening and diagnostic breast imaging workflows. True vendor-neutral, multi-modality capabilities enable display of breast images from any modality?including digital pathology and breast tomosynthesis?side by side with the mammograms. This enables a complete patient overview for the reading radiologist. For four continuous years, Sectra PACS has won the customer satisfaction award "Best in KLAS" for US hospitals over 200 beds and for three years in a row the "Best in KLAS" for Global (Non-US) PACS.

For further information, please contact::

Dr. Torbjörn Kronander,
CEO and President Sectra AB,
+46(0)705-23-52-27

Marie Ekström Trägårdh,
Executive Vice President Sectra AB and President Sectra Imaging IT Solutions,
+46(0)708-23-56-10

This information was brought to you by Cision http://news.cision.com
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