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VFlowTech, MOL (Asia Oceania), and MOL PLUS Sign MoU for Strategic Collaboration on Long-Duration Energy Storage to Drive Sustainability in Southeast Asia’s Logistics and Maritime sector

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TOKYO and SINGAPORE, Oct. 24, 2024 /PRNewswire/ — VFlowTech Pte Ltd. (VFlowTech; CEO & Co-Founder: Dr. Avishek Kumar; Headquarters: Singapore), MOL (Asia Oceania) Pte. Ltd. (MOLAO; Managing Director: Jotaro Tamura; Headquarters: Singapore), and MOL PLUS Co., Ltd. (MOL PLUS; CEO: Takuya Sakamoto; Headquarters: Minato-ku, Tokyo) today announced the signing of a Memorandum of Understanding (MoU) to form a strategic collaboration aimed at advancing long-duration energy storage solutions in Southeast Asia. The MoU establishes a framework for leveraging VFlowTech’s cutting-edge vanadium redox flow battery (VRFB) technology to promote sustainable energy initiatives across MOL Group’s operations in the region.

The tripartite partnership will focus on deploying VFlowTech’s VRFB technology to support the transition to renewable energy in logistics and maritime applications. The collaboration aligns with MOL Group’s commitment to decarbonization, emphasizing the integration of innovative long-duration energy storage solutions for port facilities, warehouses, and cold chain systems.

Driving Strategic Partnerships for Decarbonization
Under the MoU, MOLAO will lead business development efforts to explore practical applications for VFlowTech’s VRFB technology across MOL Group’s logistics network in Southeast Asia, while also seeking opportunities to collaborate with other stakeholders in the region to scale up the adoption of energy storage solutions. The agreement aims to create commercial synergies and accelerate the region’s shift toward sustainable energy infrastructure.

“We are excited to formalize our collaboration with VFlowTech through this MoU. By integrating advanced energy storage solutions, we can reduce our environmental impact and enhance operational resilience in our logistics operations.” said Hideyuki Irisawa, Director, MOLAO

Expanding Opportunities Through Strategic Collaboration
As part of the MoU, MOL PLUS will support efforts to promote VFlowTech’s VRFB technology within the maritime industry and identify additional opportunities for the practical deployment of long-duration energy storage solutions in India and other regions outside Southeast Asia. The partnership represents a significant step forward in developing scalable solutions that contribute to a carbon-neutral future.

“We see great potential in VFlowTech’s VRFB technology to transform energy usage across the logistics industry. The logistics industry often requires time to gain consensus among stakeholders. This is especially true when aiming for carbon-neutral port solutions like VFlowTech. We commit to keep moving VFlowTech forward, step by step, towards our goal, even in such situations.” said Takuya Sakamoto, CEO, MOL PLUS.

“We are delighted to partner with MOL PLUS and MOLAO under this MoU to bring our innovative VRFB technology to critical infrastructure within the region. This collaboration will enable us to accelerate the deployment of clean energy solutions, delivering both environmental sustainability and economic growth in the region.” said Dr. Avishek Kumar, CEO & Co-Founder, VFlowTech.

About VFlowTech
VFlowTech is a Singapore headquartered company focused on developing and manufacturing long duration energy storage systems specializing in vanadium redox flow batteries (VRFB). Established in 2018, VFlowTech focuses on developing safe, scalable, and sustainable energy storage solutions that address the intermittency challenges of renewable energy sources like solar and wind power and are designed for various applications, including utility-scale projects, microgrids, and off-grid solutions. VFlowTech’s unique IP and innovative approach emphasizes eco-friendly and cost-effective battery technology with long operational lifespans of more than 25 years and addresses issues of performance degradation, thermal runaway, and product reliability and safety, while being fully recyclable at end of life. The company has installed their long duration storage systems in over 10 countries globally and has a vision to drive the world towards energy equity where everyone can access clean energy at affordable pricing.

For more information on VFlowTech, please visit: www.vflowtech.com

About MOL (Asia Oceania)
MOL (Asia Oceania) Pte. Ltd. is a regional subsidiary of Mitsui O.S.K. Lines, Ltd., focused on expanding business operations and promoting sustainability across Southeast Asia, Australia, and Oceania.

About MOL PLUS
MOL PLUS Co., Ltd. is a Corporate Venture Capital driving force for Mitsui O.S.K. Lines, Ltd. MOL PLUS invests in a wide range of early- and middle-stage startup companies around the world, that have the potential to reform ocean shipping business models and create new businesses in the shipping industry from a medium- to long-term perspective.

Website: https://en.molplus.net/

Media Contact: 
Sylvia McKaige 
Sylvia.mckaige@salweengroup.com 

View original content:https://www.prnewswire.com/apac/news-releases/vflowtech-mol-asia-oceania-and-mol-plus-sign-mou-for-strategic-collaboration-on-long-duration-energy-storage-to-drive-sustainability-in-southeast-asias-logistics-and-maritime-sector-302285589.html

SOURCE VFlowTech Pte. Ltd

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Media Advisory: Conference call for the release of the consolidated results of Quebecor Inc. for the third quarter 2024

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MONTREAL, Oct. 24, 2024 /CNW/ – Pierre Karl Péladeau, President and Chief Executive Officer, Quebecor Inc. and Quebecor Media Inc. and Hugues Simard, Chief Financial Officer, Quebecor Inc. and Quebecor Media Inc. will hold a conference call on Thursday, November 7th, 2024, at 11:00 AM, following the release of Quebecor Inc.’s consolidated results for the third quarter 2024. Media are invited to access the call on a listen-only basis.

Conference call:

Quebecor Inc. reports third quarter 2024 consolidated results 
Thursday, November 7th, 2024, 11:00 AM

Call-in number:

1-877-293-8052 (Canada-US)

Participant code:

55218#

Speakers:

Pierre Karl Péladeau, President and Chief Executive Officer,
Quebecor Inc.    and Quebecor Media Inc.;

Hugues Simard, Chief Financial Officer, Quebecor Inc. and  
Quebecor Media Inc.

Anyone unable to attend this conference call may listen to the rebroadcast by phoning 1-877-293-8133 (Canada-US), conference access code 55218# and playback access code 0114601#. Available until February 5th, 2025.

The conference call is also available in audio webcast on Quebecor’s website at www.quebecor.com/en/investors/conferences-and-annual-meeting#Next-earnings-call

The Company

Quebecor, a Canadian leader in telecommunications, entertainment, news media and culture, is one of the best-performing integrated communications companies in the industry. Driven by their determination to deliver the best possible customer experience, all of Quebecor’s subsidiaries and brands are differentiated by their high-quality, multiplatform, convergent products and services.

Québec-based Quebecor (TSX: QBR.A) (TSX: QBR.B) employs more than 11,000 people in Canada.

A family business founded in 1950, Quebecor is strongly committed to the community. Every year, it actively supports more than 400 organizations in the vital fields of culture, health, education, the environment, and entrepreneurship.

Visit our website: www.quebecor.com 

Follow us on X: https://x.com/Quebecor

SOURCE Quebecor Inc.

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Hyro Transforms Patient Care with AI-Powered Assistants and Cisco’s Webex Contact Center

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Hyro’s AI seamlessly integrates with Cisco’s telephony and agent desktop infrastructure to create an intelligent, conversational call-routing system   

NEW YORK, Oct. 24, 2024 /PRNewswire/ — In a move poised to significantly improve patient access and support experiences across U.S. healthcare systems, Hyro, a member of Cisco’s partner ecosystem, today announced it will transform traditional contact center operations with its responsible AI-powered assistants. With this integration, Hyro’s platform purpose-built for healthcare integrated with Webex Contact Center and Cisco Finesse, aims to revolutionize and elevate healthcare operational efficiency for both patients and providers.

Hyro’s AI seamlessly integrates with Cisco’s telephony and agent desktop infrastructure to create an intelligent, conversational call-routing system. This eliminates frustrating long hold times and ensures callers connect with the most qualified specialist or live agent for their specific needs, delivering efficient and accurate support more quickly than ever before.

“By partnering with Cisco, we are ushering in a new era for healthcare contact centers. Our responsible AI-powered assistants are designed to not only streamline operations but also enhance the overall patient experience. This collaboration allows us to provide intelligent, efficient, and personalized support, ensuring patients receive the care they need without unnecessary friction,” said Israel Krush, CEO & Co-Founder, Hyro.

Intelligent Automation Takes Center Stage

This comprehensive solution addresses multiple areas of the healthcare enterprise, including employee-facing applications. Integrated with Webex Contact Center and Cisco Finesse, Hyro’s AI assistants efficiently manage a wide range of healthcare and IT tasks. Patients and employees receive clear, conversational guidance for tasks like appointment scheduling, IT ticketing, and password resets through AI-powered interactions. This allows live agents to concentrate on complex issues and provide more tailored support, enhancing overall contact center experience.

Security and Efficiency Through Seamless Integration

Hyro’s platform seamlessly and safely integrates with existing systems such as EHRs, CRMs, and IT desktop tools. This secure access allows AI assistants to personalize interactions and provide accurate information based on real-time organizational data. Additionally, callers are identified before receiving assistance, ensuring a secure and personalized experience throughout their call. Furthermore, integration with Webex Contact Center and Cisco Finesse enables seamless and contextual transfer of calls to agent desktops, enhancing overall efficiency and customer satisfaction.

Unlike traditional AI solutions, Hyro’s platform effortlessly adapts to Cisco’s telephony packages. This eliminates the need for complex AI training or time-consuming bot flow creation. Organizations can enjoy a smooth and efficient implementation, allowing them to see significant results quickly. Use of Hyro’s AI assistants are subject to Hyro’s privacy practices and usage terms.

Effortless Implementation, Measurable Results

Health systems such as Intermountain Health, leveraging Hyro and Cisco’s joint solution, have witnessed an 85% reduction in call abandonment rates and a 79% improvement in speed to answer. Furthermore, by automating repetitive calls, Intermountain has achieved a 35% decrease in operational costs and a fivefold return on investment.

“Hyro’s smart routing, integrated with our Cisco telephony system, has revolutionized our call center performance. We’ve experienced an 85% reduction in call abandonment and a 79% increase in speed to answer. This partnership is a game-changer for our patients and support teams, allowing us to focus on delivering exceptional care. That’s what truly matters.” – Craig Richardville, former Chief Digital and Information Officer, Intermountain Health

About Hyro

Hyro, the leading Responsible AI-Powered Communications Platform for healthcare, enables health systems to safely automate workflows and conversations across their most valuable platforms, services, and channels—including call centers, websites, SMS, mobile apps, and more. Hyro’s clients, which include Intermountain Health, Baptist Health, and Hackensack Meridian Health, benefit from AI assistants that are fully HIPAA-compliant, fast to deploy, easy to maintain, and simple to scale—generating better conversations, successful patient outcomes, and revenue-driving insights. To learn more, visit hyro.ai

This press release was issued through 24-7PressRelease.com. For further information, visit http://www.24-7pressrelease.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hyro-transforms-patient-care-with-ai-powered-assistants-and-ciscos-webex-contact-center-302285253.html

SOURCE Hyro

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A New Era for SMS: An AI Solution by CIRRUS Intelligence in 2025

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MIRABEL, QC, Oct. 24, 2024 /CNW/ – CIRRUS Intelligence, a pioneer in integrating artificial intelligence (AI) into Safety Management Systems (SMS), announces the development of a new autonomous solution designed to automate the processing of safety reports in the aviation industry.

Developed in collaboration with MILA, a world-renowned AI research institute, this platform integrates the latest technological advancements to meet the growing needs of safety management. It aims to significantly reduce report processing times and enhance the quality of the generated information. With an intuitive interface, it offers a seamless user experience and adapts to the diverse needs of companies.

The platform’s launch is scheduled for 2025. It will be accessible to a wide range of carriers, regardless of company size or operational complexity. CIRRUS Intelligence is currently seeking carriers interested in participating in the platform’s beta phase.

“Safety management often presents a significant challenge for carriers. With this in mind, we developed this solution in collaboration with MILA. Our goal is to make safety management more accessible while allowing each company to adapt it to the specific needs of their operations.” — Olivier Richer, General Manager of CIRRUS Intelligence

The solution will be offered in two versions: a “freemium” version for smaller users and a custom version for large enterprises. The free version will include a set of essential tools, facilitating the management of basic safety aspects. The team is already working on advanced features to address more complex challenges and further optimize safety processes, while remaining adaptable to various types of operations.

About CIRRUS

CIRRUS Intelligence specializes in digital solutions for the aviation industry, with a focus on safety management systems and compliance. By integrating advanced technologies such as artificial intelligence, CIRRUS offers efficient and accessible tools that allow carriers to optimize their operations while maintaining high safety standards. To learn more about CIRRUS Intelligence and its services, visit https://cirrusintelligence.ca/en/. You can also follow @cirrusintelligence on Instagram for the latest news and updates.

About MILA

MILA, the Quebec Artificial Intelligence Institute, is a world-renowned research center specializing in deep learning. With over 1,400 researchers and experts, MILA focuses on areas such as health, environment, and AI ethics. The institute stands out for its open science approach, promoting collaboration to accelerate knowledge transfer, and maintains industrial and academic partnerships on a global scale.

SOURCE CIRRUS Intelligence

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