Companies news of 2018-02-14 (page 1)

Criteo CEO Interview - FY 2017 Results

NEW YORK, February 14, 2018 /PRNewswire/ --

Criteo, the commerce marketing technology company, has just announced its fourth quarter and fiscal year 2017 results. CEO Eric Eichmann comments on results and outlook.

Watch video interview and read transcript:

Topics covered in the interview include: 

- Summary of Q4 & Fiscal Year 2017 Results
- Drivers for Q4 2017 Success - Innovation
- Drivers for Q4 2017 Success - Inventory, Clients
- New Products
- Priorities for 2018

About Criteo 

Criteo (NASDAQ: CRTO) the leader in commerce marketing, is building the highest performing and open commerce marketing ecosystem to drive profits and sales for retailers and brands. 2,800 Criteo team members partner with over 18,000 customers and thousands of publishers across the globe to deliver performance at scale by connecting shoppers to the things they need and love. Designed for commerce, Criteo Commerce Marketing Ecosystem sees over $600 billion in annual commerce sales data.

For more information, please visit

Rolta's Q3-FY-18 Consolidated PAT Grows 60.4% Q-o-Q

MUMBAI, Feb. 14, 2018 /PRNewswire/ -- Rolta India Limited (Rolta), a leading provider of innovative IP-led IT solutions for many vertical segments, including Defence and Security, today announced unaudited financial results for the quarter ended December 31, 2017 (Q3 FY - 18).

Rolta India Limited


  • Consolidated Revenue for Q3 FY-18 at Rs. 770.24 cr (Rs. 7.70 Billion) against Rs. 748.77 cr (Rs. 7.49 Billion) in Q2 FY-18, registering a Q-o-Q growth of 2.9%.
  • Consolidated EBITDA for Q3 FY-18 at Rs. 242.66 cr (Rs. 2.43 Billion) against Rs. 246.89 cr (Rs. 2.47 Billion) in Q2 FY-18, registering a Q-o-Q decline of 1.7%.
  • Consolidated profit after tax for Q3 FY-18 at Rs. 53.41 cr (Rs. 0.53 Billion) against Rs. 33.30 cr (Rs. 0.33 Billion) in Q2 FY-18, registering a Q-o-Q growth of 60.4%.

Mr. K. K. Singh, Chairman and Managing Director said, "Organizations need to evolve to address the changing business landscapes. Organisations today are embracing Digital Transformation to deliver fast track insights and drive rapid innovation to outpace competition and thus creating value. With extensive experience in understanding digital transformation, Rolta is strategically placed to help clients define and deliver winning strategies. Increased adoption of our IP led approach and strategy is clearly differentiating Rolta in the market place and enabling the Company to gain significant market share. With this focussed approach we are confident in our ability to continue delivering value for our clients and shareholders."


The Company and certain of its international subsidiaries announced that it has entered into an agreement to implement a restructuring of its US$300M 8.875% Senior Notes due 2019 and US$200M 10.75% Senior Notes due 2018 with an ad hoc committee whose members represent several of the largest bond holders. The Committee has unanimously signed a Restructuring Support Agreement which contains the material terms of the consensual restructuring which is expected to close in the first half of 2018. Details of this can be found in the investor section of the Company's web site. The outstanding amounts shall be restructured and exchanged for US$50M of upfront cash; US$270M of new 4% PIK unsecured notes due 2019 ("1-Year Notes") that can be redeemed in full prior to maturity for US$100M; and US$230M of new 4% unsecured notes due 2023 ("5-Year Notes") that can be redeemed in full prior to 1 year for US$113M or within 2 years for US$156M. In addition to the 1 and 2 year redemption rights set forth above, the Group has the right to redeem both the bonds in full via payment of an additional US$150.5M within 30 days of the effective date of the Restructuring. The agreement, when implemented, will reduce the Group's annual interest expenses by more than 50% and significantly strengthen the Group's capital structure which will be a very positive step for Rolta.

Defence and Homeland Security

The urgent need for force modernization and digitization of the Armed Forces has become increasingly evident from the emerging two front external threats and the continuing internal security challenges facing the country. Rolta is very well poised to meet this need through the 'Make India' and Buy (Indian-IDDM) Indigenously Designed, Developed and Manufactured routes with its indigenous cutting-edge solutions for C2, BMS, ISR, Operations Room, Tri Services, War gaming etc.

Rolta is considered amongst a select group of highly accomplished companies that meet the stringent 'Make India' vision of the Government. The Defence Procurement Procedure 2016 promulgated by the Ministry of Defence (MoD), introduced the categorization of "Buy (Indian-IDDM)" as most preferred category for procurement. Rolta is poised to greatly benefit due to its track record and investments in creating indigenous products and solutions for Indian defence over the last 20 years. As a case in point, Project for procurement of Static and Mobile Photogrammetry and GIS Systems (SMPGS) has been categorised as Buy (Indian-IDDM) where Rolta is a front runner.

The Indian Army's Battlefield Management System (BMS) is its most ambitious program aimed at ushering in Digital Transformation of the Indian Army. BMS will network the Army's combat units by digitally interlinking frontline soldiers and providing them common tactical picture in the battle fields of the future. It is a force multiplier that uses ICT to enhance effectiveness and the weapons they operate. MoD has mandated a totally indigenous software which is Rolta's forte. The Consortium of BEL and Rolta selected as a Development Agency for BMS has submitted the final DPR this quarter, under the active support and guidance of the Indian Army which is an important milestone in implementation of the project.

Rolta is actively involved in the development of Aakrosh, the Indian Army's War gaming project for Counter Insurgency and Counter Terrorism (CI/CT) operations, assisted by frequent interactions with WARDEC staff.  This will meet the Army's need for smart solutions to provide dynamic and cost-effective training by simulating operational and strategic scenarios. The solution is being developed indigenously using Rolta Geospatial and War gaming IPs which provide military specific simulation as well as accurate terrain visualisation and interpretation. On completion, it will be a first of its kind War gaming solution for training Battalion/Company and going down to the Unit levels of the Indian Army to meet the real challenges being faced by them.

Border Security & Management along 15000 Km of the country's land borders and 7500 Km of its Coastline, presents a huge opportunity for Rolta's portfolio of indigenous Command & Control (C2) solutions. Rolta is participating in the ambitious program of the Border Security Force (BSF) to secure the country's borders and has responded to RFI issued recently.

To meet their needs of mission critical communications, Rolta has recently delivered state-of-the-art VHF Digital Mobile Radio (DMR) equipment to the Maharashtra Police. A large number of similar opportunities are being addressed from CRPF, Maharashtra, Tamil Nadu, Andhra Pradesh etc.

GOFNMS (Geographical Information based Optical Fiber Network Management System) is a large project to meet the requirements of the Defence Forces for a state-of-the-art GIS based Optic Fibre Cable Network Management System (NMS), spanning over 57000 Kms. Rolta has teamed with a leading Indian Company specializing in telecom and have bid Rolta's solution which will form Core of the GOFNMS System. Formal order, which includes US $ 20+M for Rolta's scope of work, is in its final stages and is expected shortly.

Geospatial and Smart City Solutions

Rolta has been successfully leveraging its Geospatial expertise and proven IP in the areas of Smart Cities and e-Governance. Having deployed hundreds of geospatial enabled Smart City Solutions in leading cities across the world, Rolta's Smart City Solutions continue to gain momentum across the globe including India. For example, under the aegis of Government of India's Smart Cities Mission, Rolta has won a multi-million dollar contract to transform Varanasi in Uttar Pradesh into a 'Smart City'. Rolta in consortium with one of the leading Infrastructure development company, Shapoorji Pallonji won this prestigious contract where Rolta will be responsible to deliver its field-proven Command & Control product suite combined with Rolta OneView? based analytics to establish the Smart City Command Centre which will act as the nerve centre for the city's transformation. In the Safe City arena, Rolta in consortium with another infrastructure major, recently won a state-wide implementation of a computer aided dispatch system wherein a single dial '112' call from citizens will coordinate emergency services across police, ambulance and fire department. The Company's field-proven and scalable Rolta GeoCAD Solution together with analytics was a key factor in this selection.

A leading GIS solution provider in Ireland, engaged Rolta for its IP led data migration to create a digital data repository and its subsequent ongoing management for their geospatial information. Additionally, in the Middle East a permitting agency handling the 'Emirate's Free Zones' engaged the Company to deploy and implement Rolta SmartCity eNOC solution. This web based Electronic No Objection Certificate (eNOC) management solution provides an efficient workflow management system catering to multiple agencies.

Enterprise IT, Cloud, Mobility and Cyber Security

Organisations are increasingly embracing Mobility and ubiquitous Cloud Computing with Cyber Security to achieve greater accessibility and flexibility in this digital era. Rolta is well equipped with innovative IP and services to provide end-to-end solutions starting from advisory, consulting and application development together with their ongoing management which is gaining traction globally. For example, an American healthcare provider awarded Rolta with a US $ 10 M contract to help transform the datacenter of a large hospital system. An American Electric Power Company engaged Rolta as their trusted technical adviser, with a US $ 5.9 M contract to improve their network and security to protect them and their customers from emerging security threats.

In the quarter, Rolta ManageX? an IP based IT Transformation platform was rolled out to more than 100 customers to automate and improve service delivery. This solution is expected to dramatically reduce customer costs and present new opportunities for expanding Rolta's portfolio of Managed Services customers.

IoT and Big Data Analytics

Asset intensive industries in their quest for digital transformation have grown to trust Rolta for its ability to address the full spectrum of Big Data analytics maturity journey from initial advisory, data discovery, migration and enablement of big data landscape, establishing an asset information model (AIM) to secure IoT integration and advanced analytics. This has enabled the company to build digital repositories enriched with Business, Geospatial as well as Engineering data to enable collaboration, knowledge sharing, workflow automation together with analysis of intricate data patterns for deep insights. Rolta's BI and Big Data analytics platform has been a key differentiator enabling the Company in winning multiple Smart City Solutions. Rolta has also recently received a contract to re-engage with an existing customer, one of the large Oil Refining, Global Fortune 500 company. Through this project Rolta will be assisting to extend their Asset Information for their new Oil Terminal.

One of India's largest energy conglomerate awarded Rolta with a US $ 20+ M contract for their ambitious Digital Transformation program to establish and manage their next generation paperless office as part of the Digital India initiative. This program will essentially leverage the entire portfolio of Rolta's Big Data IP to design and establish an enterprise content management system encompassing both business as well as engineering data for records and knowledge management, migration of their existing data, integration and business process automation together with mobile access.

About Rolta: Rolta is a leading provider of innovative IP-led IT solutions for many vertical segments, including Federal and State Governments, Utilities, Oil & Gas, Petrochemicals, Financial Services, Manufacturing, Retail, and Healthcare. Rolta is recognized for its extensive portfolio of solutions based on field-proven Rolta IP tailored for Indian Defence and Homeland Security. By uniquely combining its expertise in the IT, Engineering and Geospatial domains, Rolta develops State-of-the-Art Digital Solutions incorporating rich Rolta IP in the areas of Cloud, Mobility, IoT, BI and Big Data Analytics. Rolta is a multinational organization headquartered in India and the Company's shares have been publicly traded for more than 25 years in India.

Disclaimer: This press release includes statements that are not historical in nature and that may be characterized as "forward- looking statements", including those related to future financial and operating results, benefits and synergies of the Company's brands and strategies, future opportunities and the growth of the market for open source solutions. You should be aware that Rolta's actual results could differ materially from those contained in the forward-looking statements, which are based on current expectations of Rolta management and are subject to a number of risks and uncertainties, including, but not limited to, Rolta's ability to integrate acquired operations and employees, Rolta's success in executing its strategies, Rolta's ability to take a competitive position in the industry, business conditions and the general economy, market opportunities, potential new business strategies, competitive factors, sales and marketing execution, shifts in technologies or market demand, and any other factors. The Company may make additional written and oral forward looking statements but do not undertake, and disclaim any obligation, to update them.

For additional information please visit, or contact:  

Preetha Pulusani
President ? International Operations
Member of the International Board
Tel: +1(678)942-5000

Lt. Gen K.T. Parnaik
JMD - Defence & Security Business
Member of the Board
Tel: +91(22)2926-6666

Rajesh Ramachandran
JMD - Global Products & Technology Solutions
Member of the Board
Tel: +91(22)2926-6666

Ramakrishna Prabhu
Director ? Finance and Corporate Affairs
Member of the Board
Tel: +91(22)2926-6666


Q&A Interview with Blockchain Company Fineqia International Inc. Discussing New Blockchain Investment Advisory Group

POINT ROBERTS, Washington and DELTA, British Columbia, February 14, 2018 /PRNewswire/ --, a leader in Blockchain content with its Bitcoin and Blockchain portals, and Blockchaininvestorideas.comrelease an exclusive Q&A interview with Rudra Dalmia discussing the recent Fineqia International (CSE: FNQ), (OTC: FNQQF) (Frankfurt: FNQA) formation of a new blockchain investment advisory group.

Rudra Dalmia is an angel investor, technology mentor and philanthropist and is heading up the blockchain advisory board for Fineqia International Inc. He is also a consultant to Swordfish Investments-a Private Equity and Technology Investment Fund in London and the former MD of Saxo Financial Services (Saxobank India), one of the world's largest online trading platforms for currency and securities.

Q&A Interview 

Rudra, can you give us an overview of your background in the fintech sector and how that led you to the new blockchain advisory role with Fineqia?

A: Rudra Dalmia
As an asset manager in the private and public equities market in London, New York and India, I have been a traditional investor and investment banker for over 18 years. I spent 4 years as the MD of Saxo Financial Services (SaxoBank's India operation) building up their white label business with some of India's largest banks and brokers. Saxo Bank is the pioneer in financial technology and currency trading for over 20 years in Europe and Asia. Building their white label business in India from scratch gave me incredible insight on currency markets, liquidity and the power of technology in maximizing margins. The closest thing to blockchain and crypto currency was obviously the currency markets.  

As an early investor and advisor to Fineqia International Inc. since 2015, I was involved in their decision to pivot towards blockchain technology and have used my experience in evaluating several deals and recommended them to the Board of Directors. Most of the deals done for Fineqia are in cutting edge technology companies with some of the worlds most reputed blockchain and crypto investors.

In the press release you say, "Blockchain technologies represent a paradigm shift in the functioning of financial services. The long term value of this new technology is still being mapped out and we want to actively participate in the architecture of this new landscape." Can you expand on that and how you define the paradigm shift?

A: Rudra Dalmia
So much has been written about blockchain that it is hard to not be repetitive, however the simplest answer for your readers is that a well implemented blockchain enables automated (event based) immutable settlements that increase efficiency and minimize fraud and minimize disputes because the rules are unmalleable and defined at the outset.  

During the infancy of this technology and adoption of cryptocurrency as a settlement medium, the industry will face several hurdles with regulation, fraud detection, transaction management, security etc. The investors and operators who work on fundamental principles of problem solving and strong security architecture will survive and grow. The long term paradigm shift will happen when fiat currencies become fully fungible in real time with crypto and alt-coins and every enterprise is able to value itself and trade itself in a global marketplace using multiple options for transacting and settle gains and losses with the coin holder seamlessly.

In pure economics terms, blockchain technology will enable the right pricing of assets or factors of production with the utility they contain; the utility will be trackable and monetizable. This will be the paradigm shift.

What are some of the top things you look for in a blockchain company when reviewing it as a possible investment opportunity?

A: Rudra Dalmia
Our investment strategy is evolutionary and will follow the curve of the industry, as the industry matures and the lines between early stage to growth stage starts clearing, we will adapt to define it even more clearly. At this point we are looking at quality entrepreneurs whose businesses are technology enabled adequately, to confirm to long term blockchain strategy where the value proposition is easy to tokenise. We are investing at various stages of a company's life cycle - from incubation to early stage to growth stage.

Incubation -  In the incubation stage we look at functional knowledge of the specific business of the entrepreneur and test his logic of moving his business on to the blockchain. If the founder has strong industry knowledge of his/her sector and has a good roadmap to blockchain, then we guide the entrepreneurs and provide them with appropriate resources and networks to build out the blockchain stack. If we like the deal, we take a significant position in the company and then guide the promoter on their growth path using our network/resources and our advisory board.

Early Stage -  We look at the technological milestones achieved by the founding team and their fundamental knowledge of their sector. We only engage with businesses that have a strong online presence, where the teams have a profitable track record in the traditional way of transacting and where the path to expansion is clear. Typical expansion plans are tested in the ability of the team to have a successful ICO, however that is not necessarily the only criteria.

Growth Stage - We have invested in, and are evaluating a few growth stage companies. This is the stage where the business has been clearly defined over the last 12-18 months and is ready to launch its beta blockchain strategy and is already issuing tokens or alt-coins. Some of the most exciting companies we have seen are in this stage.

The continual calibration of this strategy allows us to cross-pollinate various skill sets and transmit fundamental knowledge across our various portfolio companies and subsequently coach them not to repeat mistakes committed by others.

Where do you see the biggest opportunities for blockchain over the next year, and 5 years and with your background in India and Europe, how do you see it being accepted and/or integrated there versus North America?

A: Rudra Dalmia
I feel the next year is going to be very exciting where clear leaders will emerge, those who will be able to issue alt-coins and also successfully ensure the 'utility' being promised is delivered to the coin holders. I liken this stage to the early internet world where Netscape, Yahoo and AOL emerged as dominant leaders. It is very difficult to predict the next 5 years but as the power of computing increases, we will see an analogous growth to the financial services world where speed of connectivity enabled right pricing of assets with programme trading - for example some of the emerging blockchain exchanges will become the new Nasdaqs and computing power coupled with fibre/wireless high speed connectivity will create a 24/7 world market for exchange of value.  

No country can afford to ignore blockchain technology, no matter what their inhibitions about crypto currency are. Monetary authorities the world over will realize that cryptocurrency is the gateway to blockchain technology and is the only enabler of value exchange within the tokenised world. I feel blockchain will be India's Y2K moment all over again, when India established itself as the provider of technology knowledge and skilled personnel and continually moved up the value chain. Now, 2 of the world's 3 biggest technology companies are led by CEOs who are not only Indian but were educated in the Indian education system and moved to the west for post-doctoral education; Satya Nadella (Microsoft) and Sundar Pichai (Google).

Europe will do fantastically well in this phase because of the strong power and mathematical grounding of the educational institutes of the erstwhile Eastern Bloc countries. Countries like Estonia, Lithuania, Poland etc will emerge with strong companies that will be a part of the paradigm shift globally.

Cryptocurrency versus blockchain; do you think we will see both survive over the next 5 years or do you think blockchain will be the one with longevity?

A: Rudra Dalmia
Cryptocurrencies are the gateway to the blockchain transaction world. They are the fuel to power transactions and transfer value, just like US Dollars power the global oil trade, except there won't be a single dominant currency. Exciting times ahead!

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Telstra, Ericsson, Qualcomm and NETGEAR Achieve 2Gbps Speeds in Live Demo

WASHINGTON, Feb. 14, 2018 /PRNewswire/ -- Telstra, Ericsson (NASDAQ:ERIC), NETGEAR and Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, today announced they have achieved record-breaking 4G speeds of up to 2 Gigabits per second (Gbps) in lab testing using a new commercially announced chipset.

The top speeds were made possible using Ericsson's Baseband 6630, Radio 4415, and latest Gigabit LTE network software. The extreme speeds are enabled by aggregating five 20 MHz LTE carriers across three different frequency bands with each carrier using 4x4 MIMO and 256 QAM technologies.

The demonstration saw 2Gbps speeds achieved by aggregating 100MHz of spectrum across the bands 1, 3 and 7, using a NETGEAR Nighthawk mobile router equipped with Qualcomm® Snapdragon? X24 LTE modem, the world's first-announced Category 20 LTE modem.

Telstra's Group Managing Director of Networks Mike Wright says; "With the ever-increasing demand for data and the need to provide our customers with a superior user experience, we are always striving to provide new solutions and develop advanced technologies. Following Telstra's world first Gigabit-enabled network launch in January 2017, we are delighted to again be partnering with Ericsson and Qualcomm to double these speeds. This achievement demonstrates our continued LTE innovation, providing our customers with an unrivalled network experience and preparing our networks for future growth."

Following the world's first 1Gbps speeds demonstration in November 2015 and the first commercial Gigabit LTE network launch in January 2017, this latest technology breakthrough accelerates joint efforts by Ericsson, Telstra, Qualcomm Technologies and NETGEAR to deliver the world's leading Gigabit LTE network, paving the way for increased capability and performance on the journey towards 5G.

Serge Willenegger, Senior Vice President and General Manager, 4G/5G and Industrial IoT, Qualcomm Wireless GmbH says: "By setting this major industry milestone, we're helping mobile operators fully mobilize their spectrum assets and maximize the capacity of their Gigabit LTE networks and allowing mobile device makers to offer consumers a preview of new services soon expected to be enabled with 5G networks."

Joakim Sorelius, Head of Product Area Network Systems at Ericsson, says: "We're pushing the boundaries of technology and providing unprecedented advances in LTE evolution by breaking the 2Gbps-barrier with our partners. This technology advancement will enable faster mobile broadband speeds and greater network capacity for all subscribers. This is important as users consume and generate greater amounts of content via video streaming and share their own pictures and video content." 

Ericsson, Telstra, Qualcomm Technologies and NETGEAR will be showcasing the lightning-fast 2Gbps speeds in a live demonstration at Mobile World Congress in Barcelona, February 26-March 1, in hall 2, booth 2O60. The demonstration will illustrate how 2Gbps speeds are achieved on LTE by running 4x4 MIMO on five 20MHz carriers.


Qualcomm 2 Gbps LTE Modem

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Ericsson is a world leader in communications technology and services with headquarters in Stockholm, Sweden. Our organization consists of more than 100,000 experts who provide customers in 180 countries with innovative Solutions and services. Together we are building a more connected future where anyone and any industry is empowered to reach their full potential. Net sales in 2017 were SEK 201.3 billion (USD 23.5 billion). The Ericsson stock is listed on Nasdaq Stockholm and on NASDAQ in New York. Read more on

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Wirecard Expands Long-Standing Collaboration With Villeroy & Boch

MUNICH, February 14, 2018 /PRNewswire/ --

  • Villeroy & Boch increases customer retention by introducing alternative digital payment options
  • Wirecard supports Villeroy & Boch with the launch of a new online shop for bathroom and wellness accessories

Wirecard, one of the leading international suppliers for digital financial technology, is expanding its long-standing collaboration with Villeroy & Boch. With this cooperation, this company that is steeped in tradition is now expanding its existing online shop to include alternative payment methods and launching a new online shop for bathroom and wellness accessories. For over twelve years, Wirecard has handled payment processing for credit cards in 13 countries for Villeroy & Boch and has also managed its real time online risk management for two years.

From now on, Villeroy & Boch's online customers can use local payment methods such as SOFORT transfers, secured payments on account, P24, iDeal, EPS and Bancontact in addition to credit and debit cards. Alternative payment methods like these are becoming more and more important in online retail. The recent EHI study Online Payments 2017 backs this up with the fact that at 30.5%, payment on account constitutes the most popular payment type in Germany. By offering a variety of payment options, Villeroy & Boch is able to further increase customer satisfaction.

Villeroy & Boch is also strengthening its B2B sales strategy by launching a new online shop for bathroom and wellness accessories. Wirecard will manage credit card acceptance and all payment processing for this.

Taylan Demirkol, Head of Online Marketing Bath and Wellness at Villeroy & Boch: "We have had faith in Wirecard's expertise in the area of digitalisation of payment processes for several years now, so the decision to expand our collaboration with them was very easy to make. As an innovative company, we aspire to provide the latest solutions in the field of digital payments, too."

Marion Laewe, Vice President Sales Consumer Goods at Wirecard: "We are proud to be continuously expanding our long-standing customer relationship with Villeroy & Boch and to be supplementing the payment selection offered with popular payment methods. One of our core competencies is supporting the multichannel international sales strategies of our customers via a digital platform."

About Wirecard:  

Wirecard AG is a global technology group that supports companies in accepting electronic payments from all sales channels. As a leading independent supplier, the Wirecard Group offers outsourcing and white label solutions for electronic payments. A global platform bundles international payment acceptances and methods with supplementary fraud prevention solutions. With regard to issuing own payment instruments in the form of cards or mobile payment solutions, the Wirecard Group provides companies with an end-to-end infrastructure, including the requisite licences for card and account products. Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN DE0007472060, WDI). For further information about Wirecard, please visit or follow us on Twitter @wirecard.

About Villeroy & Boch:  

Villeroy & Boch is one of the world's leading premium brands for ceramic products. The family business, which was founded in 1748 and is headquartered in Mettlach/Germany, stands for innovation, tradition and exceptional style. As a renowned lifestyle brand, Villeroy & Boch offers products from the sectors Bathroom and Wellness and Tableware, and is active in 125 countries.

Wirecard media contact:
Wirecard AG
Jana Tilz
Tel.:  +49(0)89-4424-1363

Villeroy & Boch media contact:
Villeroy & Boch AG
Katrin May
Tel.: +49-6864-81-2714

Kindred Group plc - Year End Report January - December 2017 (unaudited)

LONDON, Feb. 14, 2018 /PRNewswire/ --

Fourth quarter and full year highlights

  • New all-time high in Gross winnings revenue of GBP 238.0 (152.8) million for the fourth quarter of 2017, and GBP 751.4 (544.1) million for the full year 2017.
  • Underlying EBITDA for the fourth quarter of 2017 was GBP 74.5 (39.3) million, and GBP 185.0 (123.7) million for the full year 2017. 
  • Gross winnings revenue contribution from 32Red for the fourth quarter was GBP 18.8 million and underlying EBITDA was GBP 3.2 million.
  • Profit before tax for the fourth quarter of 2017 amounted to GBP 55.9 (30.1) million, and GBP 132.0 (92.8) million for the full year 2017. For the fourth quarter, this includes non-cash fair value adjustments of GBP 6.1 million relating to the accelerated amortisation of the acquired assets. These fair value adjustments amounted to GBP 9.2 million for the full year 2017.
  • Profit after tax for the fourth quarter of 2017 amounted to GBP 50.8 (29.4) million and GBP 117.4 (83.9) million for the full year 2017.
  • Earnings per share for the fourth quarter of 2017 were GBP 0.223 (0.129) and GBP 0.516 (0.366) for the full year 2017.
  • Underlying earnings per share for the fourth quarter of 2017 were GBP 0.253 (0.131) and GBP 0.578 (0.379) for the full year 2017.
  • Number of active customers during the quarter was 1,329,124 (1,150,027).
  • The Board of Directors propose a dividend of 0.551 (0.310) per share/SDR, which is approximately SEK 6.16 (3.46) per share/SDR and amounts to a proposed distribution to shareholders of GBP 125.5 (71.4) million.
  • AGM to be held on Tuesday 15 May 2018 in Stockholm.

"A strong finish to 2017 resulted in another record quarter for revenue and profit"

"Strong growth across our major markets and an exceptional sportsbook margin approximately 50 per cent above the long-term average, have resulted in record revenue and profitability for Kindred Group in the fourth quarter of 2017. Our investments in marketing and product development have also resulted in an all-time high in EBITDA and number of active customers. Gross winnings revenue grew by 56 per cent as reported and by 42 per cent organic and in constant currencies, compared to the same period last year."

"In the fourth quarter, Gross winnings revenue from mobile grew by 55 per cent compared to the fourth quarter last year and amounted to 70 per cent of our total Gross winnings revenue. Of the Group's Gross winnings revenue, 42 per cent came from locally regulated markets."

"Our underlying EBITDA reached a new all-time high at GBP 74.5 million for the fourth quarter, up 90 per cent compared to the same period last year. The underlying organic EBITDA in constant currency was up 80 per cent."

"The strong performance of the Group resulted in an increase in free cash flow of 78 per cent for the full year 2017. The Board has reviewed the cash requirements for 2018 and is proposing a cash dividend of GBP 0.551, which represents a growth of 78 per cent compared to the previous year."

"In the period up to 11 February 2018, average daily Gross winnings revenue in GBP was 35 per cent higher compared to the same period in 2017. Adjusting for the acquisition of 32Red and the impact of exchange rate changes, the growth was 23 per cent," says Henrik Tjärnström, CEO of Kindred Group.

Today, Wednesday 14 February 2018, Kindred Group's CEO Henrik Tjärnström will host a presentation in English at FinancialHearings, Tändstickspalatset, Västra Trädgårdsgatan 15, in Stockholm at 9.00 CET.

Please go to to sign in. The presentation is also webcast live on For those who would like to participate in the telephone conference in connection with the presentation, the telephone numbers are UK: +44(0)20-3008-9818 or USA: +1 855-753-2235.  

The Kindred Group companies hold local gambling licences in UK, France, Belgium, Denmark, Germany (Schleswig-Holstein), Italy, Australia, Ireland, Romania and Estonia. The Kindred Group also holds international gambling licences in Malta and Gibraltar. The Kindred Group pays betting duties in all markets in accordance with applicable local laws.

The information in this report is such that Kindred Group plc is required to disclose under the EU Directive of Market Abuse Regulation.

For further information please contact::
Inga Lundberg
Investor Relations

Henrik Tjärnström

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IAR Systems Invites Visitors of Embedded World 2018 to IAR Tech Theatre Seminars

UPPSALA, Sweden, Feb. 14, 2018 /PRNewswire/ -- IAR Systems®, the future-proof supplier of software tools and services for embedded development, is proud to present IAR Tech Theatre, an extensive in-booth seminar program at embedded world 2018. During all three days of the exhibition, IAR Systems together with partners will share its expertise on functional safety, debugging and code quality, C/C++ development, security, and IoT platforms.

For the fifth year in a row, IAR Systems offers in-booth seminars at embedded world. This year, it is the most extensive seminar program IAR Systems has ever had. All seminars take place at booth 4-216. More information is available at The complete seminar program is:

Tuesday, February 27

10:00 ? 10:20: Practical assistance to using a build toolchain in functional safety projects, Susanne Dahlén, Director of Engineering, IAR Systems

10:30 ? 10:50: Code analysis at your desk vs. in the field, Michael, Fuhrmann, FAE, IAR Systems

11:00 ? 11:20: How to migrate from GCC to IAR Embedded Workbench, David Källberg, FAE, IAR Systems

11:30 ? 11:50: Secure your application from design to deployment, Haydn Povey, Founder and CTO, Secure Thingz

12:00 ? 12:20: Prototyping Amazon FreeRTOS solutions using IAR Embedded Workbench for Arm, Richard Elberger, Partner Solutions Architect, Amazon Web Services

12:30 ? 12:50: Ensuring the integrity and functional safety of your medical device, Shawn Prestridge, Senior FAE, IAR Systems

13:00 ? 13:20: Working with ETM/SWO on high performance Cortex-M7 devices, David Källberg, FAE, IAR Systems

13:30 ? 13:50: Running continuous integration tests in an automated way, Micael Borgefeldt, Product Manager, IAR Systems

14:00 ? 14:20: Connect to the cloud - any cloud - with Express Logic's X-Ware IoT Platform, John Carbone, Director, Executive Staff, Express Logic

14:30 ? 14:50: Use case: How DENSO leverages IAR Systems' tools to create safe and high performance automotive applications, Kiyofumi Uemura, Global Automotive Director, IAR Systems

15:00 ? 15:20: Become highly efficient with big trace data, Shawn Prestridge, Senior FAE, IAR Systems

15:30 ? 15:50: How to avoid common mistakes in your next C++ project, Bertil Spolander, Senior Software Engineer, IAR Systems

Wednesday, February 28

10:00 ? 10:20: Ensuring the integrity and functional safety of your medical device, Shawn Prestridge, Senior FAE, IAR Systems

10:30 ? 10:50: Working with ETM/SWO on high performance Cortex-M7 devices, David Källberg, FAE, IAR Systems

11:00 ? 11:20: How to avoid common mistakes in your next C++ project, Bertil Spolander, Program Manager, IAR Systems

11:30 ? 11:50: Adding security to your workflow to deliver trustworthy IoT solutions, Steve Pancoast, VP Software Engineering, Secure Thingz

12:00 ? 12:20: Learn what's new in Amazon FreeRTOS, Richard Barry, Amazon FreeRTOS Principle Engineer, Amazon Web Services

12:30 ? 12:50: Use case: How DENSO leverages IAR Systems' tools to create safe and high performance automotive applications, Kiyofumi Uemura, Global Automotive Director, IAR Systems

13:00 ? 13:20: Become highly efficient with big trace data, Shawn Prestridge, Senior FAE, IAR Systems

13:30 ? 13:50: How to migrate from GCC to IAR Embedded Workbench, David Källberg, FAE, IAR Systems

14:00 ? 14:20: Secure your application from design to deployment, Haydn Povey, Founder and CTO, Secure Thingz

14:30 ? 14:50: Practical assistance to using a build toolchain in functional safety projects, Susanne Dahlén, Director of Engineering, IAR Systems

15:00 ? 15:20: Code analysis at your desk vs. in the field, Michael, Fuhrmann, FAE, IAR Systems

15:30 ? 15:50: Running continuous integration tests in an automated way, Micael Borgefeldt, Product Manager, IAR Systems

Thursday, March 1

10:00 ? 10:20: Use case: How DENSO leverages IAR Systems' tools to create safe and high performance automotive applications, Kiyofumi Uemura, Global Automotive Director, IAR Systems

10:30 ? 10:50: Become highly efficient with big trace data, Shawn Prestridge, Senior FAE, IAR Systems

11:00 ? 11:20: Running continuous integration tests in an automated way, Micael Borgefeldt, Product Manager, IAR Systems

11:30 ? 11:50: A Modern Workflow: making the connection between design and manufacturing, Anthony Ambrose, President and CEO, Data I/O

12:00 ? 12:20: Connect to the cloud - any cloud - with Express Logic's X-Ware IoT Platform, John Carbone, Director, Executive Staff, Express Logic

12:30 ? 12:50: Practical assistance to using a build toolchain in functional safety projects, Susanne Dahlén, Director of Engineering, IAR Systems

13:00 ? 13:20: Code analysis at your desk vs. in the field, Michael, Fuhrmann, FAE, IAR Systems

13:30 ? 13:50: Bringing machine learning to the edge device, Tim Hartley, Senior Product Manager, Arm

14:00 ? 14:20: Secure your application from design to deployment, Haydn Povey, Founder and CTO, Secure Thingz

14:30 ? 14:50: Ensuring the integrity and functional safety of your medical device, Shawn Prestridge, Senior FAE, IAR Systems

15:00 ? 15:20: Working with ETM/SWO on high performance Cortex-M7 devices, David Källberg, FAE, IAR Systems

15:30 ? 15:50: How to avoid common mistakes in your next C++ project, Bertil Spolander, Program Manager, IAR Systems

IAR Systems is exhibiting at booth 4-216 at embedded world 2018, February 27 ? March 1, in Nuremberg, Germany.

Editor's Note: IAR Systems, IAR Embedded Workbench, IAR Connect, C-SPY, C-RUN, C-STAT, IAR Visual State, IAR KickStart Kit, I-jet, I-jet Trace, I-scope, IAR Academy, IAR, and the logotype of IAR Systems are trademarks or registered trademarks owned by IAR Systems AB. All other products names are trademarks of their respective owners.

IAR Systems contacts

AnnaMaria Tahlén
Media Relations
IAR Systems
Tel: +46-18-16-78-00

Stefan Skarin
IAR Systems
Tel: +46-18-16-78-00

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Autoliv Declares Increased Dividend

STOCKHOLM, Feb.14, 2018 /PRNewswire/ --

Autoliv, Inc. (NYSE: ALV)and (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that its Board of Directors has declared a quarterly dividend of 62 cents per share for the second quarter 2018, an increase of 2 cents per share from the previous level.

The dividend will be payable on Thursday, June 7, 2018 to Autoliv shareholders of record on the close of business on Wednesday, May 23.

Stockholders AGM

As previously announced, the Board of Directors has set Tuesday, May 8, 2018, as the date for the Annual General Meeting of Stockholders to be held in Chicago, IL, USA.

Only shareholders of record at the close of business on March 12, 2018, will be entitled to be present and vote at the 2018 Annual General Meeting. Notice of the 2018 Annual General Meeting will be delivered to the holders of record in late March.

All directors with terms expiring at the 2018 Annual Meeting (Robert Alspaugh, Jan Carlson, Leif Johansson, David Kepler, Franz-Josef Kortüm, Xiaozhi Liu, James Ringler, Kazuhiko Sakamoto and Wolfgang Ziebart) will be nominated for re-election at the 2018 Annual Meeting.

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 contact person set out above, at 08.30 AM CET on February 14, 2018.

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 around 73,000 employees in 27 countries. In addition, the Company has 23 technical centers in nine countries around the world, with 19 test tracks, more than any other automotive safety supplier. Sales in 2017 amounted to about US $10.4 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

Safe Harbor Statement"

This report 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 are based upon our current expectations, various assumptions and 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. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements. 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 such statements in light of new information or future events, except as required by law.

Thomas Jönsson
Group Vice President Communications
Tel +46 (0)8 58-72-06-27

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Cyient Wins Two Prestigious Pratt & Whitney 2017 Awards for Supplier Innovation and Productivity Savings

EAST HARTFORD, Connecticut, Feb. 14, 2018 /PRNewswire/ -- Cyient, a global provider of engineering, manufacturing, geospatial, network, and operations management services to global industry leaders, has won two prestigious awards from Pratt & Whitney for 2017: the 'Productivity Savings and Cost Avoidance Award' and the 'Supplier Productivity Innovation Award.' The announcement was made at Pratt & Whitney's Annual Supplier Conference held at the Pratt & Whitney Museum in East Hartford, CT, USA. This is the fifth year in a row that Cyient has won the Supplier Productivity Innovation Award, a testimony of the company's focus on nurturing an innovation-driven culture and developing disruptive, cutting-edge solutions.

Maximizing the ROI of Your IoT Initiatives and Connected Assets

"Cyient continuously demonstrates its capabilities in co-creating innovative technology solutions and intellectual property that results in improved agility, quality, and productivity. It is our pleasure to recognize them with the productivity and innovation award for this year as well," said Chris Kmetz, Vice President, Engineering, Module Centers at Pratt & Whitney.

Commenting on the awards, Krishna Bodanapu, Managing Director & CEO at Cyient, said, "It is an honor to be recognized consistently by Pratt & Whitney for the work that we do with them. We believe in continuously raising the bar and delivering unprecedented outcomes to our clients. These awards acknowledge Cyient's commitment to creating value through innovation and delivering greater efficiencies for Pratt & Whitney."

"As a result of our continued focus on innovation, Cyient has delivered record productivity savings in 2017. In addition, we have launched several new technology initiatives, including augmented reality/virtual reality, robotic process automation, and additive manufacturing. This differentiated Cyient among our global competitors and helped us in winning these two prestigious awards," said Rajendra Kumar Patro, Vice President of Aerospace & Defense Delivery at Cyient.

In nearly two decades of engineering design and research collaboration with Pratt & Whitney, Cyient has developed extensive design engineering capabilities in aero engines, with engagements growing from basic to system-level engineering and co-creation of intellectual property. Cyient continues to support Pratt & Whitney with design engineering, systems engineering and validation, and other advanced data analytics solutions throughout the engine product lifecycle.

About Cyient:

Cyient (Estd: 1991, NSE: CYIENT) provides engineering, manufacturing, geospatial, networks, and operations management services to global industry leaders. Cyient leverages the power of digital technology and advanced analytics capabilities, along with domain knowledge and technical expertise, to solve complex business problems.  As a Design, Build and Maintain partner, Cyient takes solution ownership across the value chain to help clients focus on their core, innovate, and stay ahead of the curve.

Relationships form the core of how Cyient works. With over 14,000 employees in 21 countries, Cyient partners with clients to operate as part of their extended team, in ways that best suit their organization's culture and requirements. Cyient's industry focus includes aerospace and defense, medical, telecommunications, rail transportation, semiconductor, utilities, industrial, energy and natural resources.

For more information, please visit For media inquiries, please write to

Follow news about the company at @Cyient.

About Pratt & Whitney:

Pratt & Whitney is a world leader in the design, manufacture, and service of aircraft engines and auxiliary power units. United Technologies Corp., based in Farmington, Connecticut, provides high-technology systems and services to the building and aerospace industries. To learn more about UTC, visit its website at, or follow the company on Twitter: @UTC.


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MeaWallet Signs Contract With a Major Nordic Bank to Deliver Mea Token Platform and Mea Masterpass

STOCKHOLM, Feb. 14, 2018 /PRNewswire/ -- MeaWallet A/S ("MeaWallet"), part of Invuo Technologies AB, has signed an agreement with a major bank in the nordic region for delivery of MeaWallet's technology for converged wallet, i.e. mobile contactless payments to that specific nordic country.

The solutions of Mea Token Platform configured for MDES as well as Mea Masterpass will be delivered as a managed service, integrating MeaWallet´s platform with the bank´s mobile banking application. Mea Token Platform will enable the bank´s clients to perform digital contactless card payments (tap & pay) through the bank´s existing mobile banking application, while Mea Masterpass will enable secure and user-friendly online and web-to-app payments at any merchant that accepts Masterpass checkout. The order value of the contract is around Eur700,000 over a three-year period.

"We are happy to see continuous growth in this exciting market, and especially happy to be able to work with such a progressive bank as this nordic bank. While we now will be running seven simultaneous MDES projects, MeaWallet sees this as an exciting opportunity to prove that we can deliver the promised high quality on agreed time," says Lars Sandtorv, Head of MeaWallet. "This will be the northernmost project we've delivered, and we can now proudly state that we are delivering our products to all corners of Europe".

CEO of Invuo Technologies, John Longhurst, comments: "Over just the past 3 months, MeaWallet has signed profitable orders with a value of Sek29.5m. The market capitalisation of Invuo shares is Sek81m (closing price 13/2/18, Sek0.990). Invuo has realisable financial assets with present value of Sek55m. The market for MeaWallet is accelerating. Our stated goal is for MeaWallet to sign a minimum of 20 orders over the course of 2018. In so doing, we aim to meet the financials goals laid out for Invuo Technologies this year, as disclosed in recent public statements. As further orders are signed, we hope investors begin to share the confidence we have for the period ahead".

For further information, please contact:

John Longhurst,

Martin Schedin,

Lars Sandtorv,
Head of MeaWallet, 

This information is such that Invuo Technologies AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the contact person set out above, at CET 08:50 on February 14, 2018.

About Invuo

Since 2001 Invuo has been providing its proprietary solutions and systems for mobile phone transactions. Invuo operates in two main business areas; mobile phone payment solutions provided through the brand MeaWallet?, and distribution of e-products.

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