Day: January 18, 2022

January 18, 2021

• New capabilities on Philips Image Guided Therapy Mobile C-arm System – Zenition – and collaboration with Cydar offer the latest advances in endovascular treatment
• Partnership adds new innovations to the Zenition platform to elevate the clinical experience, enhance workflow efficiency and help improve patient outcomes

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced physicians will now have access to advanced new 3D image guidance capabilities through its Image-Guided Therapy Mobile C-arm System – Zenition, delivering enhanced clinical accuracy and efficiency, and aiming to improve the outcomes for patients undergoing endovascular treatment. The company has signed a strategic partnership agreement with Cydar, a UK-based provider of cloud-based procedure maps software to plan and guide surgery in real time.

As patient numbers rise and procedures become more complex and time-consuming, patient-specific real-time procedure planning and guidance, optimization of equipment utilization, and usability have become ever more important. To help overcome these challenges, Philips Image-Guided Therapy Mobile C-arm System – Zenition – brings together innovations in image capture and processing, ease-of-use, and versatility, many of which were pioneered on Philips’ highly successful image guided therapy platform Azurion. Like Azurion, the Zenition mobile C-arm system allows hospitals to maximize operating room performance, enhance their clinical capabilities, and provide staff with a seamless user experience. The integration of Cydar EV Maps software into the Zenition platform now adds extended procedure planning and real-time 3D guidance capabilities.

Cloud-based AI and computer vision
Cydar EV Maps assists in the planning, real-time guidance, and post procedure review of endovascular surgery. It brings cloud-based AI and computer vision to mobile surgery, enabling reductions in radiation exposure, fluoroscopy time, and procedure time together with improved ease of use [1,2]. It enables surgeons to create a detailed patient-specific 3D map of the target vasculature to help plan surgery, and then uses these maps to augment intraoperative live image-guidance, updating the maps in real time to account for deformations during surgery, such as guidewires and instruments deforming the patient’s blood vessels. Cydar EV also facilitates post procedure outcome analysis. The combined result of this integration of procedure planning, guidance and review is that surgeons can work more accurately and efficiently – enabling an approximate 50% reduction in radiation exposure [1], a significant reduction in fluoroscopy time and a reduction of procedure times by more than 20% [2], while helping achieve better outcomes for patients.

“With Philips’ integrated portfolio, using validated AI and cloud technologies, we can facilitate collaborative care to optimize surgical pathways,” said Karim Boussebaa, General Manager Image Guided Therapy Systems at Philips. “Philips has a strong global network of mobile surgery systems and recognizes that Cydar’s EV Maps solution can play a key role in further improving our integrated offering for endovascular procedures.”

“By partnering with Philips to bring our Cydar EV Maps solution to Philips’ user-friendly Zenition platform of mobile C-arms, we are a step closer to achieving our mission to ensure every image-guided minimally-invasive surgical procedure goes exactly as planned,” said Paul Mussenden, CEO of Cydar. “The benefits of this combined solution, with integrated and enhanced procedure planning and visualization, include shorter and more predictable procedure times, reduced X-ray exposure to patients and staff, and fewer injections of iodine dye – the leading cause of in-hospital kidney failure.”

Cydar EV Maps is currently in use across the EU, UK and US. It is certified Software-as-a-Medical Device with EU CE mark and U.S. FDA 510(k) clearances.

[1] Southerland K, Nag U, Turner M, Gilmore B, McCann R, Long C, Cox M, Shortell C. IF09. Image-Based Three-Dimensional Fusion Computed Tomography Decreases Radiation Exposure, Fluoroscopy Time, and Procedure Time During Endovascular Aortic Aneurysm Repair. J Vasc Surg. 2018;67: e61-e61
[2] Shortell C., Veith Symposium New York, 2017

For further information, please contact:

Joost Maltha
Philips Global Press Office
Tel: +31 6 10 55 8116
Email: joost.maltha@philips.com

Fabienne van der Feer
Philips Image Guided Therapy
Tel: + 31 622 698 001
E-mail: fabienne.van.der.feer@philips.com

About Royal Philips
Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and well-being, and enabling better outcomes across the health continuum – from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Philips generated 2020 sales of EUR 17.3 billion and employs approximately 78,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

About Cydar
Cydar Limited specializes in medical computer vision, machine learning and cloud high-performance computing.  Cydar EV is a cloud-based software platform that generates patient specific 3D Maps of soft tissue vasculature to support more effective image guided, minimally invasive endovascular surgery. The system comprises pre-operative procedure planning functionality and real time, AI enabled 3D intra-operative imaging and procedure guidance, with procedure video capture and post procedure review functions.
Cydar EV Maps harnesses the latest in cloud GPU computing, computer vision and machine learning technology to advance surgical visualization and decision-making in theatre and across the surgical pathway. Cydar’s Surgical Intelligence system is learning from every case to develop a deeper understanding of surgery.
Headquartered in Cambridge, UK, Cydar’s focus is to build a future where all patients benefit from augmented surgical intelligence.  Cydar EV Maps is the first product from Cydar’s Intelligent Maps system.

Attachments

• Philips Zention mobile C-arm platform vascular application
• Cydar EV Maps

The acquisition creates the largest multimodal carrier network in Europe and accelerates adoption of software solutions specifically designed for carriers and logistics service providers

CHICAGO, Jan. 18, 2022 (GLOBE NEWSWIRE) — FourKites, provider of the world’s #1 real-time supply chain visibility platform, announced that it has acquired leading European supply chain visibility provider NIC GmbH (NIC-place). The combined over-the-road, rail and ocean carrier networks of FourKites and NIC-place will create the largest multimodal carrier network in Europe, ready to serve global shippers with the most comprehensive end-to-end global supply chain visibility platform. The acquisition will also accelerate the adoption of secure real-time visibility solutions specifically designed for carriers, while shortening the time to value for shippers with complex, multimodal carrier networks.

NIC-place is the market leader in supply chain visibility software solutions specifically designed for transport companies, carriers and logistics service providers. With its proprietary Data Control Center (DCC), NIC-place provides a flexible and secure way for carriers to share supply chain data with customers, while giving them complete control of their business, their network and their data. Founded in 2016 and headquartered in Germany, thousands of companies such as Kuehne+Nagel, H.Essers, Unterer, Quehenberger and Frigotrans rely on NIC-place to track and monitor millions of shipments every year.

“We are thrilled to join forces with FourKites, the pioneer and market leader in real-time supply chain transport visibility, and the pace-setter for innovation and end-to-end multimodal coverage,” said Pete Jendras, Founder and Managing Director of NIC-place. “FourKites shares our vision for prioritizing data security and integrity, and empowering carriers to collaborate easily with their supply chain partners. We look forward to extending the combined benefit of NIC-place’s leading carrier solutions with the largest global real-time visibility network in the world.”

As a FourKites company, NIC-place will remain focused on carrier-specific solutions, while leveraging FourKites’ leading shipper network, global scale and R&D engine to accelerate the pace of innovation. The companies will maintain the NIC-place name and will maintain the NIC-place offices in Germany from which to expand its team and operations.

“NIC-place boasts the only carrier-focused visibility solution on the market; the most advanced rail tracking features in Europe; and unmatched expertise in high-value and temperature-controlled shipments,” said FourKites founder and CEO Mathew Elenjickal. “This acquisition creates a powerhouse of carrier- and shipper-focused expertise that accelerates end-to-end visibility and the delivery of new solutions tailor-made for our customers’ unique requirements.”

The acquisition will help accelerate much-needed supply chain visibility across Europe. According to a recent research report on the state of European supply chains by Reuters and FourKites, 78% of European companies indicated that end-to-end freight traceability was their biggest supply chain pain point.

NIC-place’s advanced capabilities:

• Data privacy and security. NIC-place’s Data Control Center (DCC) is subject to some of the most stringent data privacy regulations regarding GDPR. These laws allow carriers to have complete control over their data and with whom they share it.
• Easy integration with any real-time visibility provider. NIC-place’s DCC is the only solution with standardized interfaces to all open real-time visibility platforms, unifying all data types from multiple telematics systems across different manufacturers and transport modes. Carriers who onboard with DCC have a simple, single hub for all of their visibility data.
• Temperature-controlled and high-value shipments. NIC-place is the market-leader for tracking temperature-controlled and high-value transports such as pharmaceuticals, fresh and frozen products, and electronic equipment. The largest group of European refrigerated logistics companies leverage the NIC-place platform to better serve customers and ensure that critical goods are delivered with the highest quality.
• Comprehensive and optimized rail coverage. NIC-place tracks the largest European rail network — an increasingly critical capability as many companies shift more shipments to rail in the face of ongoing ocean challenges. The company’s advanced monitoring tracks wagons, train compositions, points of interest and transports for effective use, smooth processes and better planning.

“We are excited to see these two market leaders joining forces,” said European Carrier Rainer Linke, Unterer Logistics. “With their shared commitment to secure, carrier-controlled data sharing, collaboration and ongoing innovation, we are excited about the value this union will bring to the broader European logistics community.”

FourKites’ acquisition of NIC-place comes on the heels of record growth for both companies as they address the challenges fueled by the ongoing global supply chain crisis. In 2021, FourKites saw 148% growth in European shipment volume, doubled the number of new European customers, grew its carrier network 35% and saw 110% growth in European carriers on FourKites’ Premier Carrier List.

FourKites will be showcasing the NIC-place solution and the value it brings to both carriers and shippers in a live webinar taking place on Wednesday, February 16. Register here.

About FourKites
FourKites^® is the #1 supply chain visibility platform in the world, extending visibility beyond transportation into yards, warehouses, stores and beyond. Tracking more than 2.5 million shipments daily across road, rail, ocean, air, parcel and courier, and reaching 176 countries, FourKites combines real-time data and powerful machine learning to help companies digitize their end-to-end supply chains. More than 1,000 of the world’s most recognized brands — including 9 of the top-10 CPG and 18 of the top-20 food and beverage companies — trust FourKites to transform their business and create more agile, efficient and sustainable supply chains. To learn more, visit https://www.fourkites.com/.

Media Contact:
Marianna Vyridi
Big Valley Marketing for FourKites
(650) 468-3263
mvyridi@bigvalley.co

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a4419401-4eba-4337-84ff-9b407f30a20f

Vuzix and AMA Strengthen Strategic Partnership to Address the Future of the Deskless Workforce

• Vuzix M400 smart glasses now supports the entire XpertEye assisted reality product range

• Adoption of the embedded Vivoka multilingual automatic speech recognition

RENNES, France, January 18, 2022 – Vuzix® Corporation (NASDAQ: VUZI), (“Vuzix” or, the “Company”), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, and AMA (EURONEXT GROWTH: ALAMA), a pioneer of assisted reality and workflow management software solutions, today announced the reinforcement of their partnership to grow and strengthen both organization’s ability to deliver world-class remote collaboration for the deskless workforce.

Vuzix and AMA have been closely working together for over five years and are now widening the scope of their partnership agreement to accelerate the digital transformation of their joint industrial and healthcare customer base. By proposing the lightweight and ergonomically versatile Vuzix M400 smart glasses on the entire XpertEye remote assistance product range, customers will be able to boost productivity and successfully complete remote support tasks safely and efficiently. Customers will now benefit from hands-free collaboration with voice control on XpertEye Essential as well as from seamless remote assistance with the Vuzix M400 wearable display connected to a dedicated smartphone on XpertEye Advanced.

As a strategic partner, AMA has been the first to successfully test and leverage Vivoka’s embedded multilingual automatic speech recognition, now standard on Vuzix full line of smart glasses. With 18 languages available, the XpertEye assisted reality solution embraces the unparalleled and secured voice AI capabilities of this embedded speech technology.

“Our growing relationship with AMA increasingly leverages the strong combination of a leading hardware platform and a leading software solution,” said Paul Travers, President and CEO of Vuzix. “The proven productivity improvements of our combined offering will remain a strong demand driver as industry adoption continues to accelerate this year and beyond.”

“Our partnership is taking a new step forward. We are convinced that our combined, forward looking vision of remote assistance is key to accompany the rapid digital transformation of our customers,“ said Guillaume Campion, VP Product & Partnerships at AMA.

About Vuzix Corporation

Vuzix is a leading supplier of Smart Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company’s products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays, and augmented reality. Vuzix holds 243 patents and patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2022 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, and Tokyo, Japan. For more information, visit the Vuzix website,   Twitter, and Facebook pages.

Forward-Looking Statements Disclaimer
Certain statements contained in this news release are “forward-looking statements” within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward-looking statements contained in this release relate to Vuzix Smart Glasses, our business relationship and future opportunities with and orders from AMA and its customers, and among other things the Company’s leadership in the Smart Glasses and AR display industry. They are generally identified by words such as “believes,” “may,” “expects,” “anticipates,” “should” and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company’s beliefs and assumptions as of the date of this release. The Company’s actual results could differ materially due to risk factors and other items described in more detail in the “Risk Factors” section of the Company’s Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

Vuzix Media and Investor Relations Contact:

Ed McGregor, Director of Investor Relations,
Vuzix Corporation
ed_mcgregor@vuzix.com
Tel: (585) 359-5985

Vuzix Corporation, 25 Hendrix Road, West Henrietta, NY 14586 USA,
Investor Information – IR@vuzix.com www.vuzix.com

About AMA
While most video conferencing tools quickly prove their limits outside the office, AMA’s smart workplace allows experts and frontline workers to collaborate remotely on any device via a secure software platform, perfectly tailored to each business.

With seven years of proven experience in remote assistance solutions, AMA is helping medical institutions and industrial organizations of all sizes accelerate their digital transformation. Our market-leading XpertEye Assisted Reality platform has been deployed in more than 100 countries, addressing a wide range of applications like remote diagnostics, inspection, scheduling, and workflow management. These unequaled remote interactive collaboration solutions empower our customers to improve productivity, speed up resolution time, and maximize uptime.

AMA is a fast-growing company with offices in Canada, China, France, Germany, Hong Kong, Italy, Japan, Romania, Spain, UK, and the USA – allows us to work in every time zone and reach our customers wherever they are. AMA is listed on Euronext Growth Paris (GB00BNKGZC51 – ALAMA).

More information on www.amaxperteye.com

AMA Media Relations Contact:

Esther Duval
Marketing Director AMA
+33 689 182 343

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• 20220118_AMA_Vuzix_EN