KUALA LUMPUR, Malaysia, April 19 (Bernama-BUSINESS WIRE) -- Long Tale Games (LTG) announces the Steam relaunch of Life is Feudal: MMO. To show appreciation to the game's community, the publisher is launching a special event aimed at the game's original players, the Balance Restoration Campaign. Players who have made any purchases during the previous Life is Feudal: MMO round will receive special LiF Coins that can be exchanged for a subscription to the game.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240418169927/en/ Since the relaunch in June 2023, Life is Feudal: MMO has transitioned to a subscription-based model, removing all pay-to-win features. This shift ensures a level playing field for all players, fostering fairness as success in the game now fully depends on the player's skill and effort, creating a more engaging environment. Until now, the game has only been distributed through the publisher's (LTG.com) own personal gaming platform. However, with this launch, it is now expanding its presence to other stores, starting with Steam. Evgenii Romin, Publishing Director at Long Tale Games, expressed his enthusiasm for the forthcoming relaunch and the accompanying campaign by saying, "We are incredibly excited to introduce 'Life is Feudal: MMO' to a broader audience via Steam. In addition, we're eager to show our gratitude towards our community through the balance restoration campaign. This endeavor demonstrates our appreciation for our players' support and mirrors our dedication to ensuring a fair and rewarding gaming experience." Life is Feudal: MMO has been significantly refined through relentless development, targeted rebalancing, and the elimination of bugs while maintaining a strong bond with its community, with a special nod to the contributions of modders. The game has experienced a renaissance with over 150 updates to its content, including new items, buildings, professions, and gameplay mechanics, along with the introduction of much-anticipated features like in-game voice chat, anti-cheat systems, and additional content. These advancements and captivating events, such as the King of the Hill competition, have profoundly enriched the gaming experience. Thank you to the players and the MMO community for their dedication to our favorite real-life Medieval simulator. Looking ahead, the roadmap for Life is Feudal: MMO includes major updates inspired by the community's feedback, such as a new map and many game improvements scheduled for mid-2024. This strategy underscores LTG's commitment to developing Life is Feudal: MMO in close cooperation with the community. What is Life is Feudal: MMO? Life is Feudal: MMO is a sandbox MMORPG set in a gritty medieval world called Abella. Players find themselves in this strange new world with no memory of their past and must quickly learn the basics of survival, from hunting and gathering to finding allies who will support them in their time of need. As their journey progresses, players will be able to learn new skills that allow them to craft intricate weapons, construct buildings, and even establish towns, castles, and mighty fortresses. Whether players choose to band together in guilds and march out on epic wars of conquest or master the art of solo survival, the game offers endless opportunities for explorations and conquest, no matter what path they set out on. About Long Tale Games Long Tale Games (LTG) is a multiverse publisher set on reinvigorating legendary games with fresh energy and employing innovative monetization and user acquisition techniques. With a diverse portfolio that includes everything from classic to web3 games, LTG leverages industry expertise to channel, port, further develop, and support the marketing of hidden gems and classics, ensuring each project gets a tailored approach. At its core, LTG is powered by dedicated industry veterans who believe in a community-driven strategy, involving players in the development process to breathe new life into every game, proving their dedication to reviving beloved titles and fostering the growth of new ventures in the gaming world. For additional information and to learn more, please visit corp.ltg.com The monetization model: $14.99 monthly subscription, with a 7-day free trial for new users and 30 days for owners of the original Life is Feudal: MMO on Steam. View source version on businesswire.com: https://www.businesswire.com/news/home/20240418169927/en/ Contact Derrick Stembridge Global Director of Public Relations, LTG [email protected] Source : Long Tale Games --BERNAMA
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KUALA LUMPUR, Malaysia, April 19 (Bernama-GLOBE NEWSWIRE) -- BioNexus Gene Lab Corporation (NASDAQ: BGLC), a global leader in genomic diagnostics and healthcare technology, announces a strategic investment by its wholly owned subsidiary, MRNA Scientific Sdn Bhd, in Ascension Innovation Sdn Bhd (AISB), a privately held Malaysian company. This investment underscores BGLC’s commitment to advancing healthcare solutions through cutting-edge AI and predictive analytics.
Background: · MRNA Scientific Sdn Bhd: o A wholly-owned subsidiary of BGLC, MRNA Scientific specializes in blood-based genomic screening and dynamic genome profiling. MRNA’s innovative techniques enable early disease detection, personalized health management, and AI-driven insights. · Ascension Innovation Sdn Bhd (AISB): o AISB is a trailblazer in healthcare technology, committed to enhancing patient experiences and outcomes. o Their flagship platform, aiCMS, empowers clinics, physicians, and patients to have better control over healthcare delivery through personalized patient health management. Strategic Investment and Handover Ceremony: · MRNA Scientific’s investment of RM 1.2 million (approx. USD $250k) will occur in two tranches. The Company has made an initial payment of approx. RM 100k, to be followed by a final payment of RM 1.1million, subject to a formal agreement. Our investment in AISB signifies a strategic move to accelerate healthcare innovation. The investment, funded internally, is expected to constitute an indicative equity of approximately 10% of the ordinary shares in AISB upon completion. · The infusion of capital will further AISB’s development and accelerate its AI rollout, including: o AI Assistance in the Clinic and on-App: The AI features include the integration of predictive and generative AI note taking/analysis and diagnosis aids via Large Language Model (LLM), voice transcription, and natural language assistance for service selection and bookings. o Predictive Analytics and Personalized Solutions: aiCMS will enhance early disease detection and personalized health recommendations in clinic and on-app, with the integration of in-app predictive health and wellness recommendations, medical translation services, and AI medical image analysis. Ceremony Participants: · MRNA Scientific Directors: o Mr. Kenny Lai o Mr. CC Wong · AISB Directors: o Mr. Andrew Teng (Chief Executive Officer, CEO) o Mrs. Penny Attenbrough (Chief Strategy Officer, CSO) Expanding Market Reach: · MRNA Scientific and BGLC believe that this strategic investment will allow BGLC’s Blood-based Genomic Screening (BGS) liquid biopsies and other diagnostic services to be better marketed and accessible to a wider range of customers and healthcare providers, through integration into AISB’s aiCMS and the aiCARE app, enabling direct booking via healthcare providers and patients. · By combining MRNA’s expertise in genomics and AISB’s innovative platform, patients and healthcare professionals will benefit from advanced diagnostics and personalized care. Digital Health & AI Market: · The global digital health market size was estimated at USD 240.9 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 21.9% from 2024 to 2030¹. · The global market size for AI in Healthcare is expected to reach USD 187.7 billion by 2030 with a compound annual growth rate (CAGR) of 38.5% from 2024 to 2030². · Given the market size and opportunities in Digital Health and AI in Healthcare, MRNA and BGLC will closely consider opportunities to increase our participation in this market, including the potential to increase our investment in AISB and other technology platforms. AISB’s Projections: · Projected Revenue in Malaysia: o As stated in its investment documents, AISB anticipates substantial revenue growth driven by increased adoption of aiCMS, with projections reaching RM 75million collectively for 2024-2028. o The platform’s comprehensive suite of services positions it as a game-changer in the Malaysian healthcare landscape. o These revenue projections were part of the approved prospectus on the Securities Commission of Malaysia approved pitchIN Funding platform. · Clinics and Service Providers: o AISB aims to onboard a significant number of healthcare and wellness providers, and corporations. o Since its recent launch, aiCMS has already proven market traction with over 30 healthcare providers and corporations in its initial segue into this broad market. · User Base and Health Records: o With 145,000+ registered users and 340,000+ individual health records in its database, the aiCMS platform is already making an impact in the market. o The platform’s scalability has the potential for exponential growth. Quotes: · Mr. Sam Tan, CEO, BioNexus Gene Lab Corporation: “Our investment in AISB reflects our belief in their transformative healthcare solutions. Together, we aim to revolutionize patient care through predictive and generative AI.” · Mr. Andrew Teng, CEO, Ascension Innovation Sdn Bhd: “We welcome MRNA Scientific’s support and look forward to leveraging their expertise. The future of healthcare lies in predictive analytics and personalized solutions.” The handover ceremony took place at the Apollo Men’s Wellness Centre in Starhill, Kuala Lumpur on April 18th, 2024, witnessed by Mr. Sam Tan, Chief Executive Officer of BioNexus Gene Lab Corp (BGLC). About BioNexus Gene Lab Corporation: BioNexus Gene Lab Corporation (NASDAQ: BGLC) is a global leader in RNA-based genomic diagnostics, committed to advancing personalized medicine and improving global health outcomes. For more information, visit BioNexus Gene Lab Corp.’s website: www.bionexusgenelab.com About Ascension Innovation Sdn Bhd: Ascension Innovation Sdn Bhd (AISB) is at the forefront of healthcare technology, driving innovation through its flagship platform, aiCMS. For more information, visit Ascension Innovation Sdn Bhd’s website: www.aisb.io ¹ https://www.grandviewresearch.com/industry-analysis/digital-health-market ² https://www.grandviewresearch.com/industry-analysis/artificial-intelligence-ai-healthcare-market For media inquiries, please contact: Investor Relations BioNexus Gene Lab Corporation Email: [email protected] Disclaimer: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions involving risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or projected. Forward-looking statements include, but are not limited to, statements regarding: · Projected revenue growth · Market trends and adoption rates · The potential impact of aiCMS on patient care These forward-looking statements are subject to risks, uncertainties, and other factors that may cause actual results to differ materially from the statements made. Such risks and uncertainties include, but are not limited to: 1. Market and Industry Risks: - Rapidly evolving healthcare technology landscape - Regulatory changes and compliance challenges - Competitive pressures and market dynamics 2. Operational and Financial Risks: - Execution of strategic initiatives - Financial performance and liquidity - Intellectual property protection 3. External Factors: - Global economic conditions - Public health crises (e.g., pandemics) - Political and geopolitical uncertainties Investors are cautioned not to place undue reliance on these forward-looking statements. BGLC undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. The safe harbor provisions of the Private Securities Litigation Reform Act of 1995 protect forward-looking statements from litigation risks. Investors are encouraged to review BGLC's filings with the Securities and Exchange Commission (SEC) for a comprehensive understanding of the company's business, financial performance, and risk factors. BioNexus Gene Lab Corporation Tower B, Vertical Business Suite 10-2 No. 8, Jalan Kerinchi, Bangsar South, 59200, Kuala Lumpur Note to Editors: High-resolution images and additional information are available upon request. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3c3545c8-1c0f-47c1-aabc-7a3e4d1de620 Source: BioNexus Gene Lab Corp. --BERNAMA KUALA LUMPUR, April 17 (Bernama) -- Association of Certified Anti-Money Laundering Specialists (ACAMS), an international membership organisation dedicated to fight against illicit finance, will hold a two-day anti-financial crime (AFC) training and networking event beginning April 22 at Kerry Hotel, Hong Kong.
According to ACAMS in a statement, the Assembly Asia Pacific (APAC) 2024 will offer attendees expert guidance and practical insights, addressing how the region’s AFC professionals can prepare for the latest regulations and meet compliance expectations. The event will cover timely topics, from complex sanctions that can leave financial institutions grappling with conflicts of law, to technological developments including artificial intelligence that yield new opportunities and challenges. ACAMS Chief Executive Officer, Neil Sternthal said the event will offer invaluable insights essential for compliance professionals grappling with growing regulatory requirements and emerging illicit-finance threats that continue to reshape how AFC compliance is conducted. "But in addition to highlighting the most significant AFC threats and revealing best practices and pathways to capacity building, the event will, importantly, facilitate meaningful conversations and networking opportunities," he said. There will be a deep dive into APAC's evolving compliance landscape, addressing ways to prepare for the Financial Action Task Force's (FATF) fifth round of mutual evaluations, mitigate export control evasion risks, understand recent regulatory developments pertaining to virtual asset service providers (VASPs), and learn about domestic and global efforts to investigate and deter fraud. The Assembly APAC 2024 will feature a session wherein regulators will share their views on current developments in the region. More than 50 speakers will also address timely topics such as ‘pig butchering’ and other scams, conflicts linked to sanctions and emerging geopolitical risk, and a thorough examination of Korea's Travel Rule implementation. More information on Assembly APAC 2024 is available at https://www.acams.org/en/events/the-assembly/the-assembly-apac. -- BERNAMA LONDON, April 16 (Bernama-GLOBE NEWSWIRE) -- Emerging Markets Global Advisory LLP (EMGA) announces they have secured a US$50M facility senior debt facility from JICA, The Japan International Cooperation Agency.
KMF Chairman of the Board Shalkar Zhusupov: "This is the first time that KMF has entered into a partnership with JICA, whose goals and mission are close to our own. We are grateful to EMGA and JICA for their trust and support. The funds from JICA will be used to implement projects to support micro and small enterprises, including rural entrepreneurs, which will create new opportunities and contribute to their economic growth." EMGA’s Head of Investment Banking and Managing Director Sajeev Chakkalakal said, “We are delighted to have arranged this new landmark debt facility for our long-standing client KMF. It has been a real pleasure to work with them again, as they continue to solidify their position as the largest MFI in the country, and further strengthen their financial position in spite of turbulent times.” EMGA’s Managing Director Jeremy Dobson added, “This new financing will help KMF deliver on their stated mission; to continue to help entrepreneurs throughout Kazakhstan, and to develop their business with a greater focus on female owned businesses and in rural areas.” MFO KMF is one of the leaders in Central Asian microfinance sector. The company aims to establish long-term partnership relations with clients based on mutual trust, understanding and respect. MFO “KMF” disburses clients individual and group loans for the following types of activity: business, trade, crop farming and cattle-breeding, production and services and consumer lending. JICA: The Japan International Cooperation Agency is a governmental agency that delivers the bulk of Official Development Assistance for the government of Japan. It is chartered with assisting economic and social growth in developing countries, and the promotion of international cooperation. mrem.bernama.com/viewsm.php?idm=48374 OUR OCEAN CONFERENCE: GLOBAL FISHING WATCH ENTERS MULTIPLE PACTS TO ENHANCE OCEAN MANAGEMENT17/4/2024 KUALA LUMPUR, April 17 (Bernama) -- Global Fishing Watch has announced three pioneering collaborations with Greece, Panama and the West African Sub-Regional Fisheries Commission (SRFC) in a bid to harness technology and data-driven solutions for enhanced transparency, improved fisheries management and greater ocean sustainability. Unveiled at the Ninth Our Ocean Conference held in Athens, Greece, the partnerships will leverage open data to combat illegal, unreported and unregulated (IUU) fishing, promote sustainable fisheries management and enable marine protection via deepened engagement with governmental bodies spanning three continents. In addition, they will provide Global Fishing Watch the opportunity to highlight transparency as a critical marine management tool and advance policy reforms regarding the adoption of vessel tracking methods like automatic identification systems (AIS) and vessel monitoring systems (VMS), as well as regional data sharing practices. Global Fishing Watch chief executive officer, Tony Long said the announcements marked a milestone in its collaborative efforts to mobilise open data and technology in the fight against illegal fishing and toward improved global fisheries management. “More importantly, our expanding network of partnerships shows that governments and multilateral institutions are increasingly recognising the role Global Fishing Watch can play in achieving better and more transparent ocean governance,” he added in a statement. Presented at an official conference side event co-hosted by Greece, the Athanasios C. Laskaridis Charitable Foundation and Global Fishing Watch, the partnership with Greece commits authorities to utilising Global Fishing Watch’s platform, which provides visualisations and analysis of fishing activity, for critical support in bolstering the country’s marine protection efforts. In addition, the Our Ocean Conference also welcomed a new partnership between Global Fishing Watch and the seven West African SRFC Member States. Via the new three-year agreement with SRFC, Global Fishing Watch will support Member States with analysis and generated insights to inform targeted monitoring, control and surveillance (MCS) actions, bolstering countries’ abilities to manage activity in their waters and safeguard livelihoods and regional economic and environmental ecosystems. Furthermore, Global Fishing Watch’s activity on the margins of the Our Ocean Conference also saw the renewal of an ongoing collaboration with the Government of Panama, first launched in 2019, aimed at building an improved, collaborative framework for data-sharing and policy development. -- BERNAMA |
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