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/C O R R E C T I O N — Seegene Inc./

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In the news release, Seegene Holds Partner Executive Roundtable with Microsoft, and Springer Nature, Accelerating its Technology-Sharing Initiative, issued 24-Oct-2024 by Seegene Inc. over PR Newswire, we are advised by the company that the second photo and its caption should be removed as originally issued inadvertently. The complete, corrected release follows:

Seegene Holds Partner Executive Roundtable with Microsoft, and Springer Nature, Accelerating its Technology-Sharing Initiative

–  The first tri-party executive roundtable was held in London to strengthen synergies for Seegene’s vision of creating ‘a world free from diseases’ 

–  Preliminary results of product development automation and statistical analysis of syndromic test results powered with Microsoft’s AI technology were showcased

–  Global experts and scientists participated in building a diagnostic product development eco-system utilizing Springer Nature’s scientific network

–  Companies fostered collaboration to drive collective impact towards next year’s ‘a world free from diseases’ declaration ceremony

SEOUL, South Korea, Oct. 24, 2024 /CNW/ — Seegene Inc., a leading South Korean company providing a total solution for PCR molecular diagnostics, held the first executive roundtable with Microsoft and Springer Nature to discuss advancing its technology-sharing initiative aimed at mitigating future pandemics and creating ‘a world free from diseases’, including the showcase of preliminary results from an automated diagnostic development system powered with Microsoft’s artificial intelligence (AI) technology. This is the first official event that the three companies gathered to discuss the initiative.

On October 23, the three companies convened at Springer Nature London Campus Auditorium for the technology-sharing initiative partner roundtable to share initial achievements and explore strategies for further collaboration. Dr. Jong-Yoon Chun, CEO and founder of Seegene; Marc Spenlé, chief operating officer of Springer Nature; Steven Inchcoombe, president of research at Springer Nature; and Elena Bonfiglioli, vice president of global business leader healthcare, pharma and life science at Microsoft attended the meeting.

“By integrating Seegene’s proprietary syndromic real-time PCR technology, Microsoft’s cutting-edge AI and cloud services, and Springer Nature’s extensive reach in the global scientific community, we will create new avenues for collaboration with scientists and experts in this technology-sharing initiative,” said Dr. Chun, CEO and founder of Seegene.

The technology-sharing initiative aims to globally share Seegene’s advanced diagnostic and data analysis technologies, including syndromic real-time PCR and an automated product development system (SGDDS), with a leading company partnered in each country. Partnering companies will collaborate with local scientists and experts to develop diagnostic tests tailored to the needs of their communities and fields, spanning a wide range of human and non-human diseases. Amidst the challenges of climate change and the anticipated rise in outbreaks, the initiative’s ultimate vision is to create ‘a world free from diseases’—a future where people no longer suffer from infectious diseases and cancer, and where animals and plants thrive without illness.

Seegene’s syndromic real-time PCR technology represents a breakthrough in molecular target detection, unparalleled by other PCR methods. It enables the simultaneous detection of up to 14 pathogens in a single reaction tube, with quantitative information for each target. Furthermore, multi-tube panel tests may be designed to cover an even more comprehensive set of pathogens with overlapping symptoms. As a powerful tool for mitigating the growing threat of multi-pandemics—exacerbated by climate change—Seegene’s technology enhances the ability to monitor and respond to a diverse range of rapidly evolving pathogens.

Companies participating in the technology-sharing initiative will gain access to Seegene’s cutting-edge technology and expertise, enabling them to develop and manufacture syndromic real-time PCR products tailored to their countries’ specific public health needs. Localization of such capabilities through this initiative will allow their communities to promptly respond to future outbreaks and multi-pathogen pandemics.

Building on the momentum achieved during this year’s roundtable, a declaration ceremony is expected to take place in the second half of next year, where strategies to maximize synergy amongst the three company’s technology will be further discussed.

At the meeting in London, Seegene and Microsoft showcased the preliminary results of integrating Microsoft’s Azure Open AI into the research planning module of Seegene’s automated product development system (SGDDS). The use of AI technology dramatically reduced the time needed to process and analyze relevant information from published scientific literature. Additionally, the two companies demonstrated a proof of concept for Seegene’s syndromic-based statistical analysis system that leverages Fabric, Microsoft’s AI-driven data integration platform, ultimately to discover statistical correlations between multiple pathogens causing similar symptoms, support accurate diagnosis and treatment, and predict future outbreaks.

“Until now, scientists and experts have been confined to limited local data, usually generated by themselves. However, access to diagnostic information shared across the world powered with Microsoft’s AI technology will enable swift response to any emerging diseases,” said Dr. Chun at Seegene.

“Seegene and Microsoft shared the vision of a new generation of diagnostic solutions, accessible at population level to help people stay healthier longer. Cloud and AI solutions help protect, manage and reason over the vast amounts of data needed to track diagnosis of global diseases in real time. Microsoft is the trusted partner to help realize Seegene’s vision of building ‘a world free from diseases,'” said Ms. Bonfiglioli from Microsoft.

In January 2024, Seegene and Microsoft entered a strategic collaboration to integrate Microsoft’s Azure Open AI services into numerous modules of Seegene’s SGDDS. The goal of these collaborative projects is to empower global companies participating in the technology-sharing initiative with a streamlined product development system augmented by advanced IT system operations and AI-powered data analysis.

Springer Nature was also present at the discussion. Since 2023, Seegene and Springer Nature have been running the Open Innovation Program (OIP) that invited scientists and experts around the world to participate in the development of clinically significant diagnostics assays. This year, the program was renewed by Springer Nature as the prestigious Nature Awards, MDx Impact Grants, calling for innovative proposals for PCR diagnostic assay development. Springer Nature will oversee key aspects of the process, including project submissions and evaluations, expecting to broaden interest and participation from the global scientific community.

In May 2024, the two companies signed a strategic alliance agreement that included expansion of the OIP program scope. Springer Nature will encourage the global scientific community to participate in the ideation, design, and development of new PCR diagnostic products.

“We have high expectations that the MDx Impact Grants will work synergistically with the technology-sharing initiative serving as a catalyst for greater adoption of PCR molecular diagnostics. Together we will build an ecosystem that promotes the development of accurate, rapid, accessible tests for underserved patient populations.” said Mr. Spenlé, the COO of Springer Nature.

An OIP Award ceremony was held, following the technology-sharing initiative partner roundtable to recognize the European winners. At the ceremony, eight scientists working in Europe among 17 awardees across the world were honored for their achievements. The awardees were as follows: Ulrich Eigner (Germany); Gian Maria Rossolini (Italy); Vismara Chiara Silvia (Italy); Davy Vanden Broeck (Belgium); Nicolas Yin (Belgium); Piet Cools (Belgium); Khoa Thai (Netherlands); Pedro Vieira-Baptista (Portugal).

Prof. Dame Jenny Harries, Chief Executive of the UK Health Security Agency (UKHSA), attended the event as a keynote speaker. During her visit to South Korea in March this year, Prof. Harries met with Dr. Chun at Seegene’s headquarters to discuss Seegene’s response and achievements during the COVID-19 pandemic, as well as to exchange views on its technology-sharing initiatives and the Open Innovation Program (OIP).

Companies participating in the technology-sharing initiative, such as Hy Laboratories Ltd. based in Israel and Werfen based in Spain, along with other business partners and bio-medical experts from Europe, attended the event to share the vision of the technology-sharing initiative.

About Seegene

Seegene has 24 years of dedicated experience in R&D, manufacturing, and business related to syndromic real-time PCR technologies. This expertise was particularly highlighted during the COVID-19 pandemic when Seegene provided over 340 million COVID-19 tests to more than 100 countries worldwide. The core feature of Seegene’s syndromic real-time PCR technology is the ability to simultaneously test for 14 pathogens that cause similar symptoms in a single tube with quantitative information.

Visit: Seegene.com and follow linkedin.com/company/seegene-inc

 

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SOURCE Seegene Inc.

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Trip.Biz Unveils New Product Matrix to Digitalise Business Travel for the Japanese Market

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TOKYO , Oct. 28, 2024 /PRNewswire/ — Trip.com Group’s corporate travel management brand, Trip.Biz, recently hosted its annual conference, ‘Trip.Biz Transform 2024,’ in Singapore. The event convened approximately 200 corporate clients, partners, and industry leaders from across the Asia-Pacific region. A highlight of the conference was the unveiling of the ‘Trip.Biz Product Matrix’, a suite of innovative solutions designed to optimise every aspect of corporate travel management. Representatives from Tokyo Masters, Trip.Biz’s local partner in Japan, also attended this event.

Japan’s Travel Management Company (TMC) market is highly fragmented and lacks digital maturity, presenting significant challenges for companies. Travel managers often navigate multiple sites to find suitable options, leading to inefficiencies. Additionally, the traditional reliance on offline services and bookings is increasingly incompatible with the needs of businesses that require digital transformation.

Trip.Biz maximises convenience through a customised online business travel booking platform for managers, travel bookers, and travellers. By offering the All-in-One Digital booking tools, Trip.Biz has streamlined the business travel management and sourced the best price for travel managers. Travellers can now book their flights, cars, trains, and hotels in a single platform, with instant online confirmation, no matter where their business takes them.

The ‘Trip.Biz Product Matrix’ is a comprehensive suite designed to optimize corporate travel management. For business travel management, Trip.Biz Online Booking Tool (OBT) and Trip.Biz App are designed to provide consistent global experience, offering features tailored to the needs of various markets. Covering over 10,000 cities worldwide, the platform consolidates content from multiple suppliers, reducing the need to switch between different service providers.

During the panel session themed “Driving Change: Global Reach, Local Focus,” representative from Tokyo Masters remarked, “For companies with primarily local travel, a local travel management company (TMC) offers personalized service and local expertise. For extensive international travel, a global TMC provides a wide network and advanced technology. The best choice depends on the company’s travel needs, budget, and resources, with some opting for a hybrid approach.”

Trip.Biz has established a mature partnership with its local partner, Tokyo Masters. By combining cutting-edge Online Booking Tool (OBT) technology with Tokyo Masters’ nearly 50 years of experience in the Japanese market, Trip.Biz offers a comprehensive range of global and localised content. Through this tech-empowered human service solution, Trip.Biz has been providing meticulous Japanese-style service to over 150 corporate clients in Japan.

With its all-in-one digital solution, Trip.Biz is committed to delivering top-tier services to both local and global clients, driving the digital transformation of business travel.

About Trip.Biz

Trip.Biz, a digital TMC powered by Trip.com Group and headquartered in Singapore, has been elevating business travel management since 2006 with human-centric technology, rich inventory, and sustainable solutions—all on one platform.

Trusted by over 15,000 large-scale corporations and more than 1,000,000 small to medium-sized enterprises globally, Trip.Biz continues to expand its reach, offering round-the-clock global customer service to cater to clients across different time zones.

Contact:
Biz_MKT@trip.com

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SOURCE Trip.Biz

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KBR Raises $1.3M for Important Causes at 18th Annual Charity Golf Tournament

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HOUSTON, Oct. 28, 2024 /PRNewswire/ — KBR (NYSE: KBR) announced it raised $1.3 million for deserving charities and community groups at its 18th annual charity golf tournament. The Kingwood Country Club in Kingwood, Texas, was once again the backdrop for the event, held this year on Monday, October 21, and hosted by KBR’s early career professionals’ group IMPACT.

“At KBR, we do things that matter, not only through the work we do with our clients but also through our active community engagement and support,” said KBR President and CEO Stuart Bradie. “The KBR Charity Golf Tournament is a shining example of our commitment to being a positive force of change in our communities. It is an honor to once again support these fantastic organizations that do so much in health care, public safety education, environmental sustainability, and other areas. My thanks to them for their vital work and also to all our tournament volunteers and staff who made the event a success.”

Since 2007, the KBR Charity Golf Tournament has raised more than $11.7 million. Each year, funds raised through the tournament go to organizations that align with KBR’s vision and values. This year’s recipients are:

Angel Flight South CentralBuffalo Bayou PartnershipCamp For AllThe Chester Pitts Charitable FoundationHouston Fire Department Operation: Stocking Stuffer Toy DriveHouston Police Department Greater Houston Police Activities LeagueHouston WildernessMarine Corps Scholarship FoundationPTSD Foundation of AmericaSt. Baldrick’s FoundationSt. Jude Children’s Research Hospital

For more information about the event, visit charitygolf.kbr.com or search KBR’s social media platforms using #KBRCharityGolf.

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 37,000 people worldwide with customers in more than 80 countries and operations in over 30 countries.

KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Visit www.kbr.com

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SOURCE KBR, Inc.

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LF Decentralized Trust Adds HKMA, Mastercard, and More as Members

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Spotlights Line-up of New Projects, Releases, Labs, and Deployments at First Meeting of Global Community at Member Summit

SAN FRANCISCO and HONG KONG, Oct. 28, 2024 /PRNewswire/ –Today, Linux Foundation Decentralized Trust (LF Decentralized Trust), the premier open source foundation for decentralized technology ecosystems, announced Gala Games, Mastercard, Qila, and Stellar as additional general members. In addition, Hong Kong Monetary Authority (HKMA) has joined as an associate member. 

The involvement and investment from these additional members will be valuable as we scale LF Decentralized Trust

With HKMA, there are now a total eight central banks and financial authorities that are associate members of LF Decentralized Trust. As members, they play a valuable role in defining the technical requirements for Central Bank Digital Currencies (CBDCs) and encouraging consistent development and application of common components in projects worldwide. This work is on display in sessions like the Project Ensemble roundtables taking place during Hong Kong Fintech Week, which features contributions and insights by Daniela Barbosa, General Manager of Decentralized Technologies at the Linux Foundation and Executive Director of LF Decentralized Trust. 

“As we continue to develop and enhance the Ensemble Sandbox, the HKMA is proud to support the Linux Foundation Decentralized Trust as a founding member,” said George Chou, Chief Fintech Officer, Hong Kong Monetary Authority. “This initiative aligns perfectly with Project Ensemble’s commitment to fostering innovation through open-source technologies. By leveraging decentralised technology in the Sandbox, the HKMA aims to enhance the efficiency, transparency, security and interoperability of the tokenisation market in Hong Kong. We believe that collaboration within this vibrant ecosystem can promote meaningful advancements in financial services, ultimately benefiting all stakeholders.”

These new members joined in time for LF Decentralized Trust Member Summit, the first convening of the organization’s global member community. Member Summit is a member-only forum for discussing the growing line-up of LF Decentralized Trust projects, labs, and deployments and engaging the global community in planning for the upcoming year. As a lead-up to the summit, the technical leadership of LF Decentralized Trust projects gathered for a two-day, invite-only Maintainer Days event to share knowledge, collaborate, and strategize project roadmaps.

The Member Summit agenda featured speakers from around the world sharing development and deployment updates and lessons, including the latest on multiple new labs and projects as well as deep dives into cross chain, token, and privacy requirements and technologies. 

“The creation of LF Decentralized Trust has created a groundswell of interest and action from new and existing members and project communities,” said Barbosa. “There is a robust pipeline of proposals for new technologies to come under our umbrella as new projects, labs, and updates, reflecting the excitement for a neutral host for this next generation market infrastructure. The involvement and investment from these additional members will be valuable as we look to scale LF Decentralized Trust to meet the needs of the community and the market.”

New General Member Quotes

The support of LF Decentralized Trust’s members is what makes it a neutral home for technical collaboration and innovation:

Gala Games

“Our membership in LF Decentralized Trust and collaboration with the Hyperledger Fabric community represent a groundbreaking moment in Gala’s journey to reshape entertainment through decentralized technology,” said Eric Schiermeyer, founder and CEO of Gala Games. “With GalaChain, we’re creating a blockchain specifically designed for the worlds of gaming, film, and music—an industry-first. We’re excited to work with the best in the field, driving innovation and setting the standard for Web3 entertainment.”

Mastercard

“Mastercard and the Linux Foundation share a common vision to drive innovation, set new standards for digital transactions, and foster a more inclusive and efficient digital economy,” said Raj Dhamodharan, executive vice president, Blockchain and Digital Assets at Mastercard. “As a founding member of the Linux Foundation Decentralized Trust, we’re excited to bring our expertise and Multi-Token Network (MTN) solution together to advance secure, scalable, and interoperable solutions that support the future of global financial applications and services.”

Qila

“Qila.io is excited to become a member of the Linux Foundation Decentralized Trust, contributing to the transformative journey of Web3 infrastructure, where decentralized solutions are reshaping value creation,” stated Sid Ugrankar, CEO of Qila. “By joining this esteemed initiative, we are committed to empowering enterprises, developers, and communities to seamlessly adopt blockchain and tokenization technologies. Our focus is on fostering innovation and transparency to support a more secure and inclusive digital ecosystem, driving impactful changes, and helping to build the decentralized economy of tomorrow.”

Stellar

“The Stellar Development Foundation is joining LF Decentralized Trust because it aligns with the foundation’s mission to create equitable access to the global financial system through blockchain technology,” said Stellar Development Foundation CEO Denelle Dix. “Being a part of LF Decentralized Trust gives the Stellar Development Foundation the opportunity to collaborate with other leaders in blockchain to shape this technology and deliver real world utility that solves problems for people.”

About Linux Foundation Decentralized Trust

LF Decentralized Trust is the neutral home for the open development of technologies that empower organizations to innovate with secure and resilient code. It is the Linux Foundation’s flagship organization for a broad range of technologies and standards that deliver the transparency, reliability, security, and efficiency required for a digital-first economy. Supported by a diverse, global base of members and communities, LF Decentralized Trust champions open source best practices across a growing ecosystem of blockchain, ledger, identity, cryptographic, and related technologies. To learn more, visit: www.lfdecentralizedtrust.org.

About the Linux Foundation

The Linux Foundation is the world’s leading home for collaboration on open source software, hardware, standards, and data. Linux Foundation projects, including Linux, Kubernetes, Node.js, ONAP, OpenChain, OpenSSF, PyTorch, RISC-V999, SPDX, Zephyr, and more, are critical to the world’s infrastructure. The Linux Foundation focuses on leveraging best practices and addressing the needs of contributors, users, and solution providers to create sustainable models for open collaboration. For more information, please visit us at linuxfoundation.org.

The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see its trademark usage page: www.linuxfoundation.org/trademark-usage. Linux is a registered trademark of Linus Torvalds.

Contact:
Emily Fisher
LF Decentralized Trust
PR@lfdecentralizedtrust.org

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SOURCE LF Decentralized Trust

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