President Clinton to participate in First World Coffee Producers Forum in Colombia

In a panel with President Juan Manuel Santos on ‘Economic Sustainability and Rural Development to promote Global Stability and Democracy’ BOGOTA, Colombia, June 29, 2017 (GLOBE NEWSWIRE) — Today, the Colombian Coffee Growers Federation (FNC) announced that President Bill Clinton, the Founder of the Clinton Foundation & 42nd President of the United States, will address […]

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NBF Capital Raises AED1 Billion for Pacific Control Systems

DUBAI, UAE, April 9, 2015 /PRNewswire/ — NBF Capital, regulated by the Dubai Financial Services Authority and a fully-owned subsidiary of National Bank of Fujairah PJSC (NBF) (, raised AED1 billion for Pacific Control Systems (PCS) (, which is pressing ahead with a project to expand cloud services infrastructure across the GCC.

PCS, a global provider of information communication technologies, intends to use the amount which has a tenor of 72 months to finance its expansion and working capital requirements.

PCS has positioned itself as a leader in providing smart city solutions and cloud infrastructure service in the Middle East. The new smart city offerings and cloud-based IT as a service offering for both government and private sector have had huge market acceptance due to the highly secure, end-to-end service delivery packaging by Pacific Controls.

Today, PCS is addressing a market opportunity of over $360 billion in the Middle East alone. The funds raised through the current syndication from NBF will enhance the capacity in data-centre infrastructure, increase cloud services infrastructure and offer automated service portal, etc., for customers in the GCC.

PCS has partnered with Microsoft to deliver these services in the region.

The deal was originally valued at AED750 million but was oversubscribed by 33%, receiving AED1 billion in total commitments. It was underwritten by NBF and Al Khaliji Commercial Bank QSC, as mandated lead arrangers, with NBF also acting as global facility agent for the transaction.

Other participating banks include Al Khaliji France, Dubai Islamic Bank, United Arab Bank, National Bank of Oman, Ajman Bank and Sharjah Islamic Bank. Dubai Islamic Bank also served as the investment agent for the syndication.

The syndication, a combination of conventional and Islamic financing structures, was PCS’ second in the past three years. Its first club deal was facilitated by NBF in 2012, before the formation of NBF Capital. NBF acted as mandated lead arranger, bookrunner and underwriter for the syndication, which amounted to AED265 million.

PCS plays a greater role in the UAE’s ongoing transformation into a knowledge-based economy. The overwhelming interest that was received for the transaction is not just an endorsement of PCS’ prospects, but also a demonstration of the institutional goodwill that can be mustered by NBF Capital on behalf of its clients. PCS was recently recognised as one of the “50 Most Promising Internet of Things Technology Companies”.

For further information, please contact:
Tasneem Raza
Watermelon Communications

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Zebra Medical Vision Launches the Most Comprehensive Medical Imaging Research Platform Globally

SHEFAYIM, Israel, April 7, 2015 /PRNewswire/ —

Completes $8m seed round led by Khosla Ventures to accelerate the creation of imaging insights tools for HMOs and ACOs

Zebra Medical Vision launched a closed beta of its Medical Imaging Research platform and announced funding of $8 million led by Khosla Ventures, with participating parties DeepFork Capital and Salesforce (NYSE: CRM) CEO Marc Benioff. The company’s solution enables researchers to quickly develop imaging algorithms and insights based on large scale datasets and advanced processing power. Zebra’s commercialization pipeline will then expedite clinical application of imaging research products.


With a billion people joining the middle class by 2020, and an aging global population, the demand for medical imaging is rapidly increasing. Fast, accurate diagnosis is paramount, and is getting increasingly difficult to achieve with existing Radiology resources. Medical Imaging storage has grown tenfold since 2005 according to a Frost&Sullivan report and continues to grow with more advanced modalities. Therefore there is an acute need for accurate automated tools to enable high quality diagnostic insights at scale.

“Advances in machine learning and computer vision have made it possible to create diagnostic quality algorithms based on big data, that surpass current reading accuracy rates. Such algorithms will reduce false positives, identify false negatives, provide earlier diagnosis of cancer or other diseases and unlock incidental findings hidden in the vast amounts of imaging data that resides within archives of health providers,” said Elad Benjamin, Zebra Medical CEO and former General Manager of the Carestream Healthcare Information Solutions group.

“I have frequently commented that technology will reinvent healthcare as we know it,” said Vinod Khosla, founder of Khosla Ventures. “Zebra is combining the power of machine learning, computer vision and big data to do just that in medical imaging – creating a sandbox through which imaging innovation can occur and be delivered to patients. We are proud to back such a team and an ambitious endeavor and look forward to seeing the outcomes of the platform.”

Zebra’s platform offers a cloud-based, fully hosted research and development environment. This includes access to large datasets of structured, de-identified studies, storage, state-of-the-art GPU computing power and support for a multitude of research tools. The platform also enables research groups to collaborate and create joint tools.

“Zebra is the only platform today that offers such seamless access to both the tools and the needed datasets and research environment – and at such a large scale,” said Professor Gabriel Krestin, Professor of Radiology, Chair of Radiology at Erasmus University Medical Centre Rotterdam and past President of the European Society of Radiology. “This will finally enable providers to bring medical imaging into the fold of large scale clinical analysis and population management.”

The Zebra platform is initially being launched to select research groups. Researchers and machine learning practitioners can apply for an invite here. ACOs and HMOs are welcome to participate and learn how can better imaging insights improve care and reduce costs.

About Zebra Medical Vision Ltd  

Zebra Medical Vision has set out to create the world’s largest medical imaging insights platform. We believe that by providing machine-learning researchers the needed tools and datasets we can accelerate development of advanced decision support tools and diagnosis needed to serve the worlds population. Headquartered in Kibutz Shfayim Israel, the Company was founded in 2014 by Co-Founders Eyal Toledano, Eyal Gura and Elad Benjamin.  

More info at

Elad Benjamin

Continue Reading — The Revolutionary Social Network — Releases Ello Beta V.2 — Secures New $5 Million Round Of Funding Led By Foundry Group & Techstars Ventures — Ello Mobile Apps Arrive This Spring

BURLINGTON, Vt., April 2, 2015 /PRNewswire/ — Ello, the revolutionary community-supported social network, announced the rollout of Ello Beta V2 today, and simultaneously completed a new $5MM round of financing from Foundry Group, Techstars Ventures, and FreshTracks Capital.

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“Ello Beta V2 completely redefines the social network experience, with full screen image posting & browsing, and an interface that acts and feels more like an app than a web site,” said Ello CEO Paul Budnitz.

New features include full-screen browsing and navigation, expanded search, improved discovery, drag & drop editing, drafts, rich publishing and much more. CodePen integration allows developers and hobbyists to write web apps and embed them right into their Ello posts.

Technical changes behind Ello V2 also set the stage for rapid rollout of more features, including private messaging, private groups, and loves. Ello mobile apps for iOS and Android also arrive this spring, and will mirror Ello V2’s innovative web interface, with emphasis on clean and beautiful design and full-screen browsing.

“We’re listening to our community and that’s helping Ello grow rapidly from the inside out,” said Ello Co-CPO Lucian Fohr. “New features and mobile apps coming this spring will only add to people’s ability to connect with others with similar interests, find existing friends, and make new ones on Ello.”

With millions of people on the network, Ello continues to grow both users and engagement rapidly.

“We’ve seen super-active micro communities pop up on Ello around subjects like finance, art, photography, and graffiti. We’ve created a platform that’s welcoming to all levels of participation — from top professionals to hobbyists to people with more casual interests,” said Budnitz.

The latest $5MM round of funding brings the total raised in the last six months to $11MM.

“We’re very excited with the continued momentum at Ello. This is a company whose business will literally change the world,” said Mark Solon, managing partner at Techstars Ventures, who will be joining Foundry director Seth Levine on the Ello board.

Ello is a for-profit public benefit corporation (PBC) with a charter that assures that Ello will never sell third party ads or user data.

“The Ello community is leading a revolution in how people connect,” said Budnitz, “where people can be whoever they want to be, and where quality, beauty, and positivity are valued over advertising, manipulation, and exploitation.”

View the Ello PBC Charter.

View the Ello Manifesto.

About Ello
Ello is a revolutionary social network that is transforming how people connect — free from advertising, manipulation, and exploitation. Ello’s clean and beautiful design supports a global creative community where people can be whoever they want to be.

As a public benefit corporation, Ello will never sell ads or user data.

PR Contact:
Brittany LaValley

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Asiabiz Capital Invests in the New Field of Internet Finance

SHANGHAI, March 20, 2015 /PRNewswire/ — On January 27th, 2015, Asiabiz Capital signed an equity investment agreement with Dangtian Finance Online. The investment will mark as the first significant investment by Asiabiz Capital in the field of internet finance.

Asiabiz Capital signed an equity investment agree​ment with Dangtian Finance Online

Asiabiz Capital signed an equity investment agree​ment with Dangtian Finance Online

Asiabiz Capital (HK) Limited (“Asiabiz Capital”) is a premier financial services company, providing financial advisory (M&A, capital raising, IPO advisory) and private equity services for high-net-worth individuals and corporate clients throughout Asia with a focus in the Greater China Region. Asiabiz Capital created a differentiated and sustainable value-added advisory services platform and provides our clients with the one-stop solutions, adhering to the highest integrity, professionalism and devotion to excellence.

Asiabiz Capital ensures the professional management and effective appreciation of the investors’ capital, relying on the extensive experience of the core team in fund management and private equity investment. Mr. Ningdi Chen, the founder and chairman of the board, graduated from the University of Chicago with Bachelor Degrees (Hons) in both Economics and Statistics and has a more than 15 years of experience in the financial industry. The core management team of Asiabiz Capital has extensive experience in China with expertise in the areas of investment banking, restructuring, mergers and acquisitions, business operations, private investment, legal advice, audit assessments, private banking.

Asiabiz Capital officially launched in 2010 and it was licensed under the Hong Kong Securities and Futures Commission to carry out type 1 (dealing in securities), type 4 (advising on securities) and type 6 (advising on corporate finance) activities in 2012.

Asiabiz Capital’s merger with the Donglin Family Office was officially approved by the SFC in 2015. The post-merger company, Donglin Financial Holdings Ltd.’s will allow seamless collaboration between the 2 platforms in order to service our clients better.

Asiabiz completed a number of major projects since its establishment in 2010.

  • Conducted a minority equity investment to Xinsheng Pawn in 2012, and assisted the Xinsheng Pawn to list in Hong Kong in 2014. Shanghai Xinsheng pawnshop limited (the “company”) is a comprehensive pawn and financing enterprise, which approved to establish by the Chinese Ministry of Commerce, specializing in providing the pledged and collateral loan to the legal person, nature person and other organizations. The company was established in 2010 with the registered capital of RMB 48 million by now.
  • Assisted the clients to subscribe the shares of Alibaba before its listing, Alibaba was officially listed on September 19, 2014 on the NYSE, with the issue price of per American Depositary Shares(ADS) of US$68, and the market value of Alibaba reached 174.8 billion US dollars calculated by the issue price. As of the close, the stock price soared US$25.89 to close at US$93.89, increased by 38.07%.
  • Assisted the clients to participate in the F round financing of Xiaomi Technology in December 2014. According to the relative reports, the valuation of Xiaomi approximately was 45 billion US dollars after this round financing.
  • Moreover, Asiabiz Capital also invested in two well-known company in health industry.

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Gorilla Attracts Telstra Investment, Leverages Business Synergies to Launch Video-centric Services Worldwide

TAIPEI, March 20, 2015 /PRNewswire/ — Gorilla Technology Group – an expert developer of software platforms for managing video big data – has received C-round funding from Telstra Ventures, the investment arm of Australia’s leading telecommunications and information services company, Telstra.  

The investment follows several opportunities identified in the burgeoning market for video analysis and software-defined video storage across mainland China and Asia-Pacific. The deal gives Telstra Ventures a minority stake in Gorilla. Gorilla will use the investment to enhance its core Video Big Data & Analytics platform, and strengthen its sales and marketing presence worldwide.

“Gorilla’s video big data and analytics technology can be applied to several of Telstra’s key vertical markets, including retail, security, broadcast and government,” said Dr Spincer Koh, Gorilla Technology Group CEO. “We see this investment as a first step in the roll out of software-based services, with Gorilla leveraging Telstra’s state-of-the-art global cloud and telco infrastructure to capture new business opportunities worldwide.”

For the past 15 years, Gorilla has applied its technology to two of the most video-centric industries around: broadcast media and video surveillance. Today, with the prevalence of video as a communication medium, and its availability across an ever-expanding ecosystem of capture and playout devices, the ability to analyze and manage the big data generated from video offers new opportunities for providing business intelligence and value-added services across a wide range of industry sectors.

According to Dr Koh, Gorilla’s approach to finding investors is focused on developing strategic technology and business partnerships, with Telstra being a good match for tackling the huge demand for software-driven value-added services for enterprise, government and the home.

Telstra International President, Tim Chen, said Gorilla’s software solutions enable their business customers to convert raw video into searchable data and real-time searchable video cataloguing. Retail, security, broadcast and government industries will benefit from Gorilla’s solutions for scheduling and management and its video analytic software solutions in intelligent security and forensics.

“Telstra will also be able to integrate Gorilla’s software into our network and resell an integrated solution to enterprise and government customers worldwide through our international connectivity and data centres. Gorilla will also provide storage using Telstra’s Cloud solutions to its customers worldwide,” Mr. Chen said.

Gorilla develops its own software systems from its research and development facility in Taiwan, serving customers across the regions of Asia, the US, Europe, and the Middle East. Existing customer relationships reflect Gorilla’s focus on building business within the enterprise and semi-government sectors.

At the NAB 2015 show in Las Vegas in April, Gorilla will announce its first line of broadcast video services on Telstra’s cloud infrastructure. Gorilla will begin showcasing other sector-specific services available via its Video Big Data and Analytics platform on Telstra starting Q3 this year.

About Telstra

Telstra is Australia’s leading telecommunications and information services company, offering a range of communications services and competing in all telecommunications markets. In Australia Telstra provides 16.4 million mobile services, 7.4 million fixed voice services and 3 million retail fixed data services. Telstra provides international customers with end-to-end solutions including managed network services, global connectivity, data, voice, satellite solutions, collaboration and cloud. Telstra has licenses internationally and facilitates access to more than 2,000 Points of Presence in 230 countries and territories.

Telstra Ventures invests in breakthrough companies that are strategically important to Telstra’s future growth. Its investments are focused on enabling Telstra to offer new products and services, by working closely with some of the technology world’s most innovative entrepreneurs to make sure Telstra remains on the cutting edge.

About Gorilla Technology

Gorilla Technology is a global leader in Video Big Data and Analytics technology, supporting a wide range of video-centric applications for broadcast media and entertainment, education, enterprise unified communication, business intelligence, and security. In addition to managing over 35 petabytes of content across 5 continents and in multiple languages, Gorilla solves key Video Big Data related issues derived from the volume, velocity and variety of videos generated by real-world applications in Smart Cities, logistics, and retail. Working with leading hardware partners such as Cisco, EMC, and Dell, Gorilla offers scalable on-site products and solutions that facilitate video intelligence, video management, video delivery and network intelligence for a variety of video applications. Gorilla also works with service providers to develop value-added cloud-based video entertainment and security services for the connected home, office and government. Gorilla Technology was established in 2000 by Dr Spincer Koh, a PhD graduate of the University of Washington, and has sales representation across the US, UK, Europe, the Middle East, South-East Asia, and mainland China. Prior to investment by Telstra Ventures in 2015, investors in other funding rounds included EMC, HTC, and Morningside Technology Investments Limited.

Official Gorilla Technology website:

Media Contact

Gorilla Technology Inc. in Taiwan:
Ken Wang 
+886-2-26277996 Ext:  5003
+886 911 366 717

Telstra in Australia:
Telstra contact: Cath Harris +61 477 747 176

All companies and product names mentioned herein are for identification purposes only and remain the properties of their respective owners. Copyright © 2015 Gorilla Technology Inc. All rights reserved.

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