Thursday, September 21, 2023

KAL Releases a Full Acquiring Host System for Banks

 EDINBURGH, Scotland

(BUSINESS WIRE) -- The latest version of KTH (Kalignite Terminal Host), from world-leading ATM software company KAL, provides banks with a highly scalable solution for processing transactions.

As part of the Kalignite software suite, KTH is best known as a host terminal handler that drives ATMs, kiosks and POS devices. It is also a robust and future-ready alternative to conventional host systems, suitable for networks of all sizes and complexities.

With the key release of version 3, KTH has evolved into a fully integrated acquiring host. As the demand for resilient and innovative banking grows, today’s financial institutions can now leverage KAL’s solution to deliver a whole ‘host’ of additional capabilities - including end-to-end transaction processing, card scheme gateway support and advanced security. At a business level, KTH delivers cost reductions along with a superior transaction set. It also increases banks’ abilities to differentiate in the market and enhance the customer experience.

Highly scalable host software that’s built to last and designed to evolve

KTH runs in a low-cost hardware environment on virtual servers in the cloud or OnPrem – helping banks reduce total cost of ownership. It is tightly integrated with KAL’s K3A application and KTC management system. The user-friendly KTH Design Studio is included as standard and is similar to K3A’s development environment. Banks already using K3A have the added benefit of being able to apply their existing skills to KTH and tightly integrate the ATM with the host.

Consistent with its original release, the new version of KTH comes with pre-built components, configurable core code and virtualization support that accelerates software development timelines. It is engineered for versatility – making it quicker and easier for banks to support new ATM transaction types when needed.

In the words of KAL CEO Aravinda Korala:

“As banks grow more reliant on ATMs to deliver services, there is a greater demand for streamlined software development and support for new transaction types. KTH thrives in this context as a fully integrated acquiring host. It has a superior transaction set and an architecture that is engineered to scale as needed. As an alternative to conventional host systems, the KTH of today is more competitive than ever before – unlocking mission-critical support and new possibilities for bank delivery channels.”

About KAL

KAL ATM Software (est. 1989) is a world-leading ATM software company and the preferred supplier for global megabanks. The company specializes in software solutions for ATM networks of all sizes and complexities – allowing banks to gain control, reduce costs, increase functionality, and improve competitiveness.


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Marylin Bell, Head of Marketing, KAL ATM Software


FEELM and Aroma King Continue European Expansion with Trendsetting Innovations

 DORTMUND, Germany - Wednesday, 20. September 2023

(BUSINESS WIRE) -- Aroma King, a leading vape brand renowned from Poland, has unveiled its latest disposable product: The Cosmic Max, further expanding its presence in Europe.

Since 2020, Aroma King has rapidly made its mark on the European vaping scene. Its product, the Cosmic Max, has gained traction across the European markets, including Spain, France, Belgium, and Austria. The brand's other flagship product, the Cosmic Box, is poised for upcoming release in Germany, Spain, and Italy.

The groundbreaking Cosmic Max integrates FEELM Max, the world-first ceramic coil disposable technology. It distinguishes itself by delivering over 800 puffs with 2mL of e-liquid, while most of the disposable products in the market only offer up to 600 puffs, thus creating a new industry standard in TPD regions. This technological development presents a superior alternative to many disposables that are backed by cotton coil technology.

With a 30% increase in puff count from 2mL e-liquid compared to its competitors, Cosmic Max sets a new industry benchmark. Another advantage of ceramic coil is it offers a flavour consistency rate exceeding 95%. These features, combined with the device's signature transparent e-liquid tank, not only alleviate e-juice related concerns but also enhance its visual appeal. Reflecting their industry impact, Aroma King proudly received the "Industry Leader" title at the 2023 Vapouround Awards.

Crafted in a sleek cylindrical design, Cosmic Max tantalizes with an array of 15 distinct flavours, offering a rich variety to the European market. Consumer feedback has been overwhelmingly positive, frequently highlighting its "smooth", "consistent", and "high-level of flavour reproduction".

Furthermore, the eagerly anticipated Cosmic Box, featuring a unique box design, is set to hit markets including Germany, Spain, Italy, in the coming months.

Aroma King

AROMA KING was founded in 2020 and is most recognised for its disposable vape devices, which have been painstakingly crafted with affection for adults who want to vape smarter. As more adult vapers discover that disposables give a pleasant vape experience, we want to present them with a great-tasting, practical, easy-to-use, and budget-friendly vape that is unequalled among the competition.


As a flagship tech brand belonging to SMOORE, FEELM is the world’s leading closed vape system solution provider. Based on the world's leading Ceramic Coil Heating Technology, FEELM combines authentic Flavor Reproduction Technology with innovative electronics technology, bringing ultimate sensation and premium vaping experience.


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PR Manager: Ruiqi Wang

Phone/WhatsApp: +44 7502009458


Wednesday, September 20, 2023

BAT Outlines Five-Step Plan Towards Better Regulation of Vapour Sector

 SEOUL, Republic of Korea - Wednesday, 20. September 2023 AETOSWire Print 

Kingsley Wheaton, BAT’s Chief Strategy & Growth Officer offered the following remarks as the Global Tobacco & Nicotine Forum 2023 (GTNF) kicked off today.

Mr Wheaton called for a smarter regulatory framework for vapour products to help governments worldwide deliver on their aims for a Smokefree 2030.


(BUSINESS WIRE)--A blueprint for how regulators and governments could better regulate vapour products and help smokers switch to less risky*† products has been outlined today by Kingsley Wheaton, BAT’s Chief Strategy & Growth Officer as the Global Tobacco & Nicotine Forum (GTNF) opened in South Korea.

Mr Wheaton explained how BAT’s five-step plan for regulation could support achieving the right balance between harm reduction and the mitigating unintended consequences, including underage access to products.

The BAT leader further added that reckless players in the market need to be penalised when they do not abide by the rules.

Kingsley Wheaton, BAT’s Chief Strategy & Growth Officer, said:

“There are five areas where more could be considered in terms of regulation. These are the areas that regulators should explore and establish smart regulation that is right for their market.

“First, on-device technology and functionality: vapour products should be accessible only to adults. Both underage prevention and restriction is crucial. On-device technology, when applied and enforced across entire markets, could help in this regard.

“Second, more recognition is needed that flavours are an important driver of adoption for smokers seeking alternatives. However, flavours in vapour products should not particularly appeal to anyone underage.

“Third is at the manufacturing and import level: ensuring that non-compliant products cannot reach the market in the first place.

“Fourth, where no restrictions exist already, regulators may want to look at who should be able to sell vapour products and where. Reasonable safeguards at the point-of-sale would help ensure these products are sold only to adult consumers. Solutions such as retail licensing and facial recognition technologies should be seriously considered.

“Lastly, enforcement and penalties: governments must wield their power and ensure consumers are purchasing legitimate products. Such measures should be rigorously enforced and those who fail to comply should face meaningful sanctions.”

Mr Wheaton added: “Let there be no doubt about what BAT stands for – a future where reduced-risk*† alternatives to smoking are embraced. A future where innovation thrives, and where millions of consumers are free to choose from a range of alternatives. We call upon governments, regulators, and industry peers to rally towards a sustainable and progressive environment in which these products are sold and marketed responsibly.”



GTNF is the world’s leading conference discussing the future of tobacco and nicotine, running from 19 to 21 September in Seoul, South Korea.

Due to unforeseen circumstances, Kingsley Wheaton’s speech was delivered on his behalf by BAT’s Global Head of Business Communications, Jonathan Atwood.

About BAT

BAT is a leading, multi-category consumer goods business with a purpose to build A Better Tomorrow™ by reducing the health impact of its business through offering a greater choice of enjoyable and less risky products for adult consumers.

The company continues to be clear that combustible cigarettes pose serious health risks, and the only way to avoid these risks is not to start or to quit. BAT encourages those who would otherwise continue to smoke to switch completely to scientifically-substantiated, reduced-risk alternatives*†. In order to deliver this, BAT is transforming into a truly consumer-centric multi-category consumer products business.

BAT’s ambition is to have 50 million consumers of its non-combustible products by 2030 and to generate £5billion of New Categories revenue by 2025. BAT has set stretching ESG targets including achieving carbon neutrality for Scopes 1 & 2 by 2030 and eliminating unnecessary single-use plastic and making all packaging reusable, recyclable or compostable by 2025.

BAT employs over 50,000 people. The BAT Group generated revenue of £27.65 billion in 2022 and profit from operations of £10.5 billion.

The company’s Strategic Portfolio is made up of its global cigarette brands and a growing range of reduced-risk*† New Category tobacco and nicotine products and traditional non-combustible tobacco products. These include vapour, tobacco heating products, modern oral products including tobacco-free nicotine pouches, as well as traditional oral products such as snus and moist snuff. In the first half of 2023, we had 24 million consumers of our non-combustible products, a rise of 1.5 million on full year 2022.

* Based on the weight of evidence and assuming a complete switch from cigarette smoking. These products are not risk free and are addictive.

† Our vapour product Vuse (including Alto, Solo, Ciro and Vibe), and certain products, including Velo, Grizzly, Kodiak, and Camel Snus, which are sold in the U.S., are subject to FDA regulation and no reduced-risk claims will be made as to these products without agency clearance.

Forward-looking statements

This release contains certain forward-looking statements, including "forward-looking" statements made within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are often, but not always, made through the use of words or phrases such as "believe," "anticipate," "could," "may," "would," "should," "intend," "plan," "potential," "predict," "will," "expect," "estimate," "project," "positioned," "strategy," "outlook", "target" and similar expressions. These include statements regarding our customer target ambition, New Categories revenue targets and our ESG targets.

All such forward-looking statements involve estimates and assumptions that are subject to risks, uncertainties and other factors. It is believed that the expectations reflected in this release are reasonable but they may be affected by a wide range of variables that could cause actual results to differ materially from those currently anticipated. A review of the reasons why actual results and developments may differ materially from the expectations disclosed or implied within forward-looking statements can be found by referring to the information contained under the headings “Cautionary Statement” and "Group Principal Risks " in the 2022 Annual Report and Form 20-F of British American Tobacco p.l.c. (BAT).

Additional information concerning these and other factors can be found in BAT's filings with the U.S. Securities and Exchange Commission ("SEC"), including the Annual Report on Form 20-F and Current Reports on Form 6-K, which may be obtained free of charge at the SEC's website, and BAT’s Annual Reports, which may be obtained free of charge from the BAT website

Past performance is no guide to future performance and persons needing advice should consult an independent financial adviser. The forward-looking statements reflect knowledge and information available at the date of preparation of this release and BAT undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on such forward-looking statements.


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Media Centre

+44 (0) 20 7845 2888 (24 hours) | @BATplc

Investor Relations

Victoria Buxton: +44 (0)20 7845 2012

Amy Chamberlain +44 (0)20 7845 1124

John Harney: +44 (0)20 7845 1263

Jane Henderson +44 (0)207845 1117

Briclinks Africa Plc “BTEL” selects Tecnotree Switch MVNO platform, DiWa and Moments B2B2X Marketplace to go-to-market and revenue monetization capabilities

 (BUSINESS WIRE) -- Tecnotree, a Finnish-based global provider of digital transformation solutions for Communication Service Providers (CSPs) and Digital Service Providers (DSPs), is proud to announce the signing of a new deal with Briclinks Africa Plc “BTEL” Nigeria, where Tecnotree will provide Tecnotree Switch, DiWa and Moments B2B2X marketplace enabling Briclinks Africa Plc “BTEL” to meet current and future market requirements as Green Field MVNO Operator in Nigeria.

Tecnotree’s Switch for MVNOs suite comprises a full range of business processes that support customer lifecycle and revenue management. Tecnotree Switch is agile and cloud-native, Open Digital Architecture (ODA) compliant, and platinum certified by TM Forum for real-world Open APIs that allows seamless integrations and interoperability. Tecnotree Switch provides an improved customer experience as well as advanced monetization opportunities. It meets the increasing need for new and futuristic services for both retail and enterprise customers. Tecnotree’s Switch BSS enables customers to create a market differentiator and provide tools and open-source technologies to gain maximum benefits in terms of scale, performance, flexibility, and Capex/Opex savings.

Tecnotree’s DiWa Intelligent Fintech Platform powers a Digital Intelligent Wallet that offers a full range of fintech and banking engagement-based wallet capabilities for consumers and enterprises. The platform enables operators with a range of offerings such as P2P, B2B, B2B2X Payments, Agent/Merchant Network Management, Remittance, B2C & B2B Micro-Lending collections, Virtual cards, Salary disbursements, Savings & Deposits etc.

Tecnotree Moments offers a B2B2X Super App, Marketplace to extend a specific set of services via APIs to enterprises and end users in a low-code/no-code platform to spearhead B2B2X monetization enabling social commerce across a range of verticalized experiences in healthcare, sports and gaming to media and entertainment. The platform offers different lifestyle bundling driven by microservices helping Telecom Service Providers grow their business over their current Telco framework and gain mutual revenue benefits from a 2-sided marketplace.

The deployment included products such as Customer Management, Product Catalogue, Order Management, Service Provisioning, Inventory Management, Workflow Management, Real Time Charging, Electronic Voucher Distribution, Dealer Distribution, Customer Self-care, Middleware, Policy Control, VAS Management, along with the DiWa Intelligent Fintech Platform and Moments B2B2X Platform.

The full digital stack deployment includes key differentiators of the solution such as, 360-degree view providing consolidated customer view, self-care capabilities with digital onboarding experience such as real-time charging in Intelligent Network, open-source technologies with configurable process reducing operational cost, and quick launch of digital services reducing time to market.

CEO Briclinks Africa Plc “BTEL” Mr. Mohammed Buhari said, “We are delighted to partner with Tecnotree on this transformative journey. Tecnotree MVNO suite, DiWa Intelligent Fintech Platform, Moments B2B2X enables us to enhance our operational efficiency and cater to the ever-evolving market requirements. It equips us with the necessary tools to drive maximum benefits in terms of scale, performance, and cost-effectiveness. We are confident that Tecnotree MVNO Suite capabilities such as digital customer onboarding, Intelligent customer 360-degree view, Real-time customer insights & recommendations, and Unified Catalog for bundled offerings will not only help Briclinks Africa Plc “BTEL” to deliver superior customer experience but will also complement our 5G offerings for the customers. Tecnotree DiWa Intelligent Fintech Platform shall enable Briclinks Africa Plc “BTEL” to take a big step forward for payments and financial services in Nigeria. In today’s modern era, communication and Telecom Services providers are aiming for the new revenue generation approaches towards B2C, B2B, and B2B2X segment by offering Bundled digital and Telco services which are part of daily lifestyle requirements. Moments offering from Tecnotree perfectly fits to enable different revenue streams for BTEL.”

Padma Ravichander, CEO Tecnotree OYJ, said, “We are excited to collaborate with Briclinks Africa Plc “BTEL” Nigeria and proud to play a critical role towards their move to digitization and advanced services. This partnership marks an important step forward in our commitment to provide superior digital transformation solutions that will allow them to gain maximum benefits in terms of an incremental transformation with new business models, operational efficiency, immersive user experience, and customer data-centric architecture. This collaboration demonstrates validation in our connected offerings BSS Switch, DiWa and Moments providing market differentiators and futuristic offerings that satisfy the increasing needs of telecom operators. This partnership not only improves access to financial services but also promises to create more job opportunities and drive economic growth in the region in line with our vision to empower digitally connected communities.

About Tecnotree

Tecnotree is a 5G-ready digital Business Support System (BSS) player, with AI/ML capabilities and multi-cloud extensibility. Tecnotree is among the first companies in the world to be Platinum Certified by TM Forum Open API standards, and our agile and open-source Digital BSS Stack comprises the full range (order-to-cash) of business processes and subscription management for telecom and other digital services industries creating opportunities beyond connectivity. Tecnotree also provides Fintech and B2B2X multi-experience marketplace to its subscriber base through the Tecnotree Moments platform to empower digitally connected communities across gaming, health, education, OTT, and other vertical ecosystems. Tecnotree is listed on Helsinki Nasdaq (TEM1V).

For more information, please visit


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Padma Ravichander, Tecnotree CEO


Rimini Street Presenting at Gartner® IT Symposium/Xpo™ Events Across the Globe

 LAS VEGAS - Wednesday, 20. September 2023 AETOSWire  

Executives will discuss strategies for driving innovation in IT and ERP at events in Orlando, Barcelona and Tokyo


(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced that the company will participate in three global Gartner IT Symposium/Xpo events this fall, following the exhibition and presentation at IT Symposium Gold Coast earlier this month.

Rimini Street will lead sessions and host insightful discussions around how to rebalance innovation and execution, understand and activate best practices to transform IT into a profit center, develop strategies for uncovering hidden resources to fuel business projects, and more - across the IT Symposia at Orlando, Barcelona, and Tokyo.

“For years, Rimini Street has been exhibiting and presenting at the Gartner IT Symposia, connecting with leading CIOs and IT executives across the world to share fresh perspectives and actions they can take to create measurable business value,” said Eric Helmer, EVP and chief technology officer, Rimini Street. “We look forward to empowering the community with timely, high-value information on how to improve innovation, profitability, and agility today and into the future.”

Gartner IT Symposium/Xpo Orlando

In October, Rimini Street will visit the Gartner IT Symposium/Xpo in Orlando, Florida from October 16-19. CEO of Rimini Street, Seth Ravin, will be in attendance providing further insights into balancing operations and innovations.

Join the Rimini Street executives in the following sessions:

“From Cost Center to Profit Center: How to Evolve IT Systems into Engines,” Eric Helmer SVP and Chief Technology Officer, Rimini Street. Monday, October 16 at 3:45 p.m. – 4:15 p.m.

“Proven Strategies for Protecting Profitability and Growth,” Eric Helmer. Tuesday, October 17 at 10:00 a.m. – 10:20 a.m.

Turn IT into a Profit Center and Innovation Driver,” Michael Perica, EVP & Chief Financial Officer, Rimini Street. Tuesday, October 17 at 1:45 p.m. – 2:15 p.m.

“Striking the Right Balance Between ERP Operations and Innovation,” Seth Ravin, CEO, President and Chairman of the Board, Rimini Street. Tuesday, October 17 at 3:45 p.m. – 4:15 p.m.

Attend Rimini Street’s executive networking dinner at Il Mulino at Garden Grove on Monday, October 16 from 7:30 p.m. – 10 p.m.

Rimini Street will be available at booth #915. Visit Rimini Street’s website to learn more about the presentations and the executive networking dinner, and to schedule 1:1 meetings with Rimini Street executives at the Gartner IT Symposium/Xpo Orlando.

Gartner IT Symposium/Xpo Barcelona

Next, Rimini Street will be present at the Gartner IT Symposium in Barcelona, Spain from November 6-9. Speaking sessions to include:

“From Cost Centre to Profit Centre: How to Evolve IT Systems into Engines,” Eric Helmer.

“Turn IT into a Profit Centre and Innovation Driver,” Emmanuelle Hose, GVP & Theatre GM, EMEA, Rimini Street.

Visit Rimini Street’s website to learn more about the presentations and to schedule 1:1 meetings with Rimini Street executives at the Gartner IT Symposium/Xpo Barcelona.

Gartner IT Symposium/Xpo Tokyo

Finally, Rimini Street will attend the Gartner IT Symposium in Tokyo, Japan from November 13-15. Speaking sessions to include:

“From Cost Center to Profit Center: How to Evolve IT Systems into Engines,” Eric Helmer.

“Turn IT into a Profit Center and Innovation Driver,” Nobutake Gohdo, Chief Technology Officer – Japan, Rimini Street.

“Proven Strategies for Protecting Profitability and Growth,” Yorio Wakisaka, GVP & Regional GM, Japan, Rimini Street.

Visit Rimini Street’s website to learn more about the presentations and to schedule 1:1 meetings with Rimini Street executives at the Gartner IT Symposium/Xpo Tokyo.

Visitors to Gartner Symposium/Xpo can stay updated and join Rimini Street’s executives and peers to share and learn how to drive growth and profitability through their IT strategy by visiting this page. RSVPs for 1:1 conversations with Rimini Street executives will be scheduled on a first come, first serve basis.

About Gartner IT Symposium/Xpo

Gartner IT Symposium/Xpo 2023 is the world's most important gathering for CIOs and other IT executives. IT executives rely on these conferences to learn how to meet the moment and make a difference by providing the vision and results needed to lift their organizations to the next level. For more information, please visit

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

About Rimini Street, Inc.

Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software and a Salesforce and AWS partner. The Company has operations globally and offers a comprehensive family of unified solutions to run, manage, support, customize, configure, connect, protect, monitor, and optimize enterprise application, database, and technology software, and enables clients to achieve better business outcomes, significantly reduce costs and reallocate resources for innovation. To date, over 5,200 Fortune 500, Fortune Global 100, midmarket, public sector, and other organizations from a broad range of industries have relied on Rimini Street as their trusted enterprise software solutions provider. To learn more, please visit, and connect with Rimini Street on Twitter, Instagram, Facebook and LinkedIn. (IR-RMNI)

Forward-Looking Statements

Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “anticipate,” “believe,” “continue,” “could,” “currently,” “estimate,” “expect,” “future,” “intend,” “may,” “might,” “outlook,” “plan,” “possible,” “potential,” “predict,” “project,” “seem,” “seek,” “should,” “will,” “would” or other similar words, phrases or expressions. These forward-looking statements include, but are not limited to, statements regarding our expectations of future events, future opportunities, global expansion and other growth initiatives and our investments in such initiatives. These statements are based on various assumptions and on the current expectations of management and are not predictions of actual performance, nor are these statements of historical facts. These statements are subject to a number of risks and uncertainties regarding Rimini Street’s business, and actual results may differ materially. These risks and uncertainties include, but are not limited to, adverse developments in and costs associated with defending pending litigation or any new litigation, including the disposition of pending motions to appeal; additional expenses to be incurred in order to comply with injunctions against certain of our business practices and the impact on future period costs; changes in the business environment in which Rimini Street operates, including the impact of any recessionary economic trends and changes in foreign exchange rates, as well as general financial, economic, regulatory and political conditions affecting the industry in which we operate and the industries in which our clients operate; the evolution of the enterprise software management and support landscape and our ability to attract and retain clients and further penetrate our client base; significant competition in the software support services industry; customer adoption of our expanded portfolio of products and services and products and services we expect to introduce; our ability to sustain or achieve revenue growth or profitability and manage our cost of revenue; estimates of our total addressable market and expectations of client savings relative to use of other providers; variability of timing in our sales cycle, and risks relating to retention rates; the loss of one or more members of our management team; our ability to attract and retain qualified employees and key personnel; challenges of managing growth profitably; our need and ability to raise additional equity or debt financing on favorable terms and our ability to generate cash flows from operations to help fund increased investment in our growth; the impact of environmental, social and governance (ESG) matters; risks associated with global operations; our ability to prevent unauthorized access to our information technology systems and other cybersecurity threats, protect the confidential information of our employees and clients and comply with privacy regulations; our ability to maintain an effective system of internal control over financial reporting; our ability to maintain, protect and enhance our brand and intellectual property; changes in laws and regulations, including changes in tax laws or unfavorable outcomes of tax positions we take, or a failure by us to establish adequate tax reserves; our credit facility’s ongoing debt service obligations and financial and operational covenants on our business and related interest rate risk, including uncertainty from the transition to SOFR or other interest rate benchmarks; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the amount and timing of repurchases, if any, under our stock repurchase program and our ability to enhance stockholder value through such program; uncertainty as to the long-term value of Rimini Street’s equity securities; catastrophic events that disrupt our business or that of our clients; and those discussed under the heading “Risk Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on August 2, 2023, and as updated from time to time by Rimini Street’s future Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings by Rimini Street with the Securities and Exchange Commission. In addition, forward-looking statements provide Rimini Street’s expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street’s assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street’s assessments as of any date subsequent to the date of this communication.

# # #

© 2023 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.


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Janet Ravin

VP, Global Communications

Rimini Street, Inc.

+1 702 285-3532

Intelsat Inflight Connectivity Expanded to All Airbus Aircraft


Intelsat’s multi-orbit service will be available for factory and retrofit-installed inflight connectivity systems

(BUSINESS WIRE) -- Intelsat, operator of one of the world’s largest integrated satellite and terrestrial networks and leading provider of inflight connectivity (IFC), today announced that its multi-orbit network offerings, relying on LEO and GEO satellites, will be available to airlines and aircraft lessors through Airbus’ Airspace Link (HBCplus) solution. Intelsat will be the largest service provider in the manufacturer’s flexible IFC service catalogue.

“Understanding that no airline is like any other, Intelsat has long offered flexibility and choice to its customers, including fit-for-purpose equipment options, and a variety of business models and passenger service offerings,” said Dave Bijur, Intelsat’s Senior Vice President of Commercial Aviation. “With Airbus, we are offering a new level of sophistication and flexibility that leverages the high throughput of GEO satellites with the low latency delivered by LEO satellites.”

Starting with aircraft deliveries targeting the first half of 2026, airlines may select Airbus’ Ku-band ESA terminal, which is designed for simultaneous connections to Intelsat’s GEO network and LEO networks, like OneWeb. This data routing plan will deliver premium IFC service with an unmatched global level of resilience, low-latency and high throughput that is unique to Intelsat. As part of the agreement, Airbus will manage the HBCplus system installation in line and retrofit, as well as the related in-service support.

“The new blended multi-orbit IFC service is testament to the successful cooperation between the Airbus and Intelsat teams to develop joint solutions in response to customer demands,” said Maximilian Ruecker, VP Cabin Procurement Seats, IFE and Electronics. “Intelsat’s innovative use of GEO and LEO satellites to seamlessly offer a blended multi-orbit solution fits the disruptive nature of the Airspace Link open ecosystem.”

About Intelsat

Intelsat’s global team of professionals is focused on providing seamless and secure, satellite-based communications to government, NGO and commercial customers through the company’s next-generation global network and managed services. Bridging the digital divide by operating one of the world’s largest and most advanced satellite fleet and connectivity infrastructures, Intelsat enables people and their tools to speak over oceans, see across continents and listen through the skies to communicate, cooperate and coexist. Since its founding six decades ago, the company has been synonymous with satellite-industry “firsts” in service to its customers and the planet. Leaning on a legacy of innovation and focusing on addressing a new generation of challenges Intelsat team members now have their sights on the “next firsts” in space as they disrupt the field and lead in the digital transformation of the industry.

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Steve Lott

+1 202 285-9590

AVEVA Announces Two New Non-executive Directors to Join Its Board

LONDON - Wednesday, 20. September 2023

Dr. Yanbing Li, a digital engineering expert, brings expertise as a tech entrepreneur and innovator in the US and China.

Carl Bass, former CEO of Autodesk, will support business strategy in the transition to Software-as-a-Service.


(BUSINESS WIRE) -- AVEVA, a global leader in industrial software, today announced the appointment of two new non-executive directors to its board this September. The appointments come as the company further strengthens its focus on the transition to Software-as-a-Service (SaaS) and expands in key markets including the US and China.

Dr. Yanbing Li is a global business and technology leader with extensive experience building market leading products and hyper-growth businesses of over US$1 billion. Deeply rooted in technology and engineering, she has led large-scale international business operations. She brings expertise in cloud commerce and enterprise software, and the evolving digital SaaS marketplace.

Carl Bass is a former president and chief executive officer of industrial design software company Autodesk. He was credited with expanding Autodesk beyond its core software offerings through acquisitions and new product developments, leading the transition from 2D to 3D model-based design. Carl is co-founder of Flying Moose, Ithaca Software and buzzsaw.

Caspar Herzberg, CEO of AVEVA, said: “We are delighted that Yanbing Li and Carl Bass have joined AVEVA’s board. It is a critical point in our commercial and software evolution, and their expertise and insight will be vital to us as we plan our strategy. I look forward to working with them as we continue to pioneer software that enables industry to be at the forefront of digital innovation.”

AVEVA Chairperson Peter Herweck added: “The expansion of AVEVA’s board to include Yanbing Li and Carl Bass is an important step as we accelerate AVEVA’s SaaS strategy and drive deeper into high growth markets. Alongside our existing strong expertise and experience on the board, they bring expertise in engineering and design software, and seasoned experience of operating in global markets, particularly in Asia. I look forward to collaborating with them both to realize AVEVA’s next decade of growth.”

AVEVA’s strategic focus is on becoming the number one SaaS provider of industrial intelligence. The company is currently evolving into a subscription-led business model.

Since its foundation, AVEVA has grown from a niche design software developer to a leading global industrial software company. Today, AVEVA’s software drives efficiency and reduces costs for over 20,000 customers worldwide, including providing an end-to-end Digital Twin that spans the asset lifecycle from Engineering through to Operations and Maintenance across diverse industries worldwide.



AVEVA is a global leader in industrial software, sparking ingenuity to drive responsible use of the world’s resources. The company’s secure industrial cloud platform and applications enable businesses to harness the power of their information and improve collaboration with customers, suppliers and partners.

Over 20,000 enterprises in over 100 countries rely on AVEVA to help them deliver life’s essentials: safe and reliable energy, food, medicines, infrastructure and more. By connecting people with trusted information and AI-enriched insights, AVEVA enables teams to engineer efficiently and optimize operations, driving growth and sustainability.


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