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CATL and VWCO Collaborate to Speed up Global Commercial Vehicle Electrification

Sunday October 13 th 2019

SAO PAULO, Oct. 13, 2019 /PRNewswire/ — Contemporary Amperex Technology Co. Limited (CATL) and Volkswagen Caminhões e Ônibus (VWCO), one of the largest producers of trucks and buses in Latin America, have concluded a long-term strategic cooperation agreement. CATL is going to offer the comprehensive battery solutions for the electrification of VWCO, including battery development, manufacturing, as well as recycle and secondary use. According to the agreement, the partnership will be started with e-Delivery, which is VWCO’s electric vehicle series as well as the first 100% electric powered light truck in Latin America. Equipped with CATL’s standard LFP (lithium iron phosphate) battery packs, e-Delivery 11 and 14-ton models will be launched to global market soon in 2020.

Left: CATL Founder and CEO Dr. Robin Zeng;Right: VWCO President and CEO Antonio Roberto Cortes

Remarkable LFP and CTP application– the latest standard CV product of CATL
The cooperated electric trucks will be applied with the latest model of standard battery pack in CATL that is specifically designed for commercial vehicles. Using the LFP chemistry system, which features exceptional long cycle life and high thermal runaway temperature of up to 800°C, the product has outstanding performance in safety and reliability. CATL battery products have been verified by more than 300 testing items such as external fires, vibration, crush, and other hazards as well as simulating lifelong working conditions to meet local standards and satisfy the requirements of different real application scenarios, and enable the IP68 level of water/dust proof capability on this standard battery pack.

By adopting the cutting edge cell–to-pack (CTP) technology, which includes more than 70 core patents, conventional module parts could be removed to increase integration efficiency from 75% to 90%, and to ultimately achieve a system energy density that as high as 160Wh/kg in this brand new product. Besides, the cooling plate is also integrated to ensure the battery pack is suitable for the hot and humid environment in Brazil. Benefit from high system energy density, lower cost, longer cycle life and better efficiency, e-Delivery with CATL battery is providing lower total cost of ownership (TCO) and better user experience for consumers.

International alliance promotes CV electrification together
The partnership is also a part of the pioneering e-Consortium, an alliance established between VWCO and selected suppliers for facilitating access to electric technology in the commercial vehicle (CV) sector. By working with VWCO and other partners in this alliance, CATL, as the only lithium-ion battery supplier, will offer advanced and reliable battery solutions to build an electrical mobility (e-mobility) ecosystem together.

“We are constantly leveraging our strong technological position and global presence through providing highly efficient and reliable battery solution to e-mobility. Beyond the success in passenger vehicle field, we keep extending the successful experience and expertise to electric trucks as well,”Zhou Jia, President of CATL, said, “Cooperating with VWCO and being a part of the e-Consortium are the key elements of realizing our shared commitment in global sustainable development.”

VWCO’s e-Delivery truck with CATL battery inside

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SOURCE CATL

Unibet Customer Bets Big for Astros to Win World Series

LONDON, England, Oct. 13, 2019 /PRNewswire/ — US based entrepreneur Jim McIngvale “Mattress Mack” places USD 1 million bet with Unibet at 2.20 for Houston Astros to win the World Series. The bet placed in New Jersey on 11 October is the first of its size for Unibet in the US and demonstrates the company has a strong offering. 

Unibet, part of Kindred Group, has on 11 October accepted a bet from the US based entrepreneur Jim McIngvale, owner of Gallery Furniture. The bet is USD 1 million at 2.20 for the Houston Astros to win the World Series in baseball. Kindred Group will carry a risk of USD 2.2 million and, if materialised, will be paid out by the end of the month when the World Series ends.  

Jim McIngvale’s decision to place this bet with Unibet in New Jersey demonstrates the strong offer Unibet has brought to the US market.     

CONTACT:

For more information:

Manuel Stan, SVP Kindred US
+1 702 333 5360
manuel.stan@kindredgroup.com

Inga Lundberg, Investor Relations
+44 788 799 6116

This information was brought to you by Cision https://news.cision.com

https://news.cision.com/kindred-group/r/unibet-customer-bets-big-for-astros-to-win-world-series,c2931198

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ZEISS showcases next-level eye care digitalization at AAO 2019

Saturday October 12 th 2019

SAN FRANCISCO, Oct. 12, 2019 /PRNewswire/ — At the Annual Meeting of the American Academy of Ophthalmology (AAO) in San Francisco, ZEISS Medical Technology Segment will present the latest in digital eye care innovation and high-resolution imaging from October 12 – 15, 2019. With the vision and the expertise to bring digital technology to the next level, ZEISS is helping doctors provide their patients with transformational care.

ZEISS ARTEVO 800

“ZEISS has set the pace in digital advancements, collaborating with leading doctors and scientists around the world with integrated, data-driven solutions,” says Dr. Ludwin Monz, President and CEO of Carl Zeiss Meditec. “We’re excited to be here at AAO, demonstrating our commitment to providing customers with innovative platforms, so they can provide their patients with digital care every step of the way.”

ZEISS redefines digital workflow with integrated diagnostic solutions for improved clinical efficiency and patient care

The ZEISS Integrated Diagnostic Imaging platform, a software-driven, multi-modality solution that gathers, combines and associates data from different diagnostics devices, allows doctors to individualize treatment to their patients’ specific needs, creating a digital workflow that enhances treatment capabilities and expands the level of care.

With the onset of new technologies and vast amounts of information that doctors are required to absorb, fast and high-quality diagnostics are critical for creating customized treatment regimens enabling clinicians to spend more time with their patients. With the Integrated Diagnostic Imaging platform, ZEISS creates the ideal digital workflow using solutions like the CIRRUS® 6000 and the ZEISS Glaucoma Workplace.

The ZEISS CIRRUS 6000, the next generation, ultra-fast 100kHz system, promises to dramatically elevate the efficiency of busy, advanced care practices. At 100,000 scans per second, image acquisition is extremely fast. The ZEISS CIRRUS 6000 OCT scans are 270 percent faster than prior CIRRUS generations, 43 percent faster than the ZEISS CIRRUS 5000, and ZEISS AngioPlex and OCT cube scans can be acquired in as little as 0.4 seconds. Seamless transfer of raw patient data from previous generations makes it easy to analyze and preserve old, new, and future patient data.

The ZEISS Glaucoma Workplace integrates perimetry and OCT to help doctors streamline complex analysis. The new version of the ZEISS Glaucoma Workplace features a new Progression Summary report with “exception-based” alerts that automatically display statistically significant change in critical measurements such as Visual Field, RNFL, GCL, C/D Ratio and IOP change. The ZEISS Glaucoma Workplace helps deliver a new level of efficiency for glaucoma data analysis.

In addition to the ZEISS Integrated Diagnostic Imaging platform, the ZEISS SL 800 offers further innovative and ergonomic workflow improvements for a more straight-forward, uninterrupted eye exam that frees up one of the doctor’s hands. Equipped with AutoView, a motorized two-button mechanism for changing magnification right next to the joystick, an electronic QuickStop brake, and the unique VarioLight feature that combines all advantages of LED and halogen illumination characteristics, ZEISS SL 800 facilitates more focus on doctor-to-patient interaction and sets a new standard in slit lamps.

ZEISS ARTEVO 800 – a new digital era in surgical visualization

The ARTEVO® 800, the first digital microscope in ophthalmic surgery, is now commercially available in the U.S. The ZEISS ARTEVO 800 was developed with surgeons for surgeons and includes integrated digital optics for optimized digital visualization and cloud connectivity to the EQ Workplace® for remote access to patient data and images.

“I am thrilled with the digital microscope!” said Sri Ganesh, MD, Chairman and Managing Director of Nethradhama Super Speciality Eye Hospital, Bangalore, India. “The visualization is amazing – I don’t miss my oculars at all.”

“We are excited to offer surgeons an improved surgical experience with the commercially-available ZEISS ARTEVO 800,” said Jim Mazzo, Global President Ophthalmic Devices at Carl Zeiss Meditec. “With revolutionizing visualization, information, comfort and workflow in the operating room, the ARTEVO® 800 is going to change the future of surgical care.”

The ZEISS ARTEVO 800 brings the proven strengths of ZEISS optic engineering together with the countless capabilities of digital imaging and embeds that into the workflow of the company’s Cataract Suite with a full range of diagnostic and surgical products. With ZEISS ARTEVO 800, ZEISS is entering a new era of digital ophthalmic visualization, allowing customers to see more.

Additionally, ZEISS is expanding its data management system FORUM® with the ZEISS EQ Workplace, allowing customers to remotely plan IOL surgery to streamline their refractive cataract workflow. Along with ZEISS Veracity Surgical, ZEISS offers digital workflow solutions for a wide variety of customer preferences and infrastructure requirements.

ZEISS leads the way with new refractive technologies in the U.S.

ZEISS demonstrates its commitment to the U.S. refractive market with the MEL 90 clinical trial across eight investigational sites. At a time when most companies are focused on modifying existing platforms, ZEISS is leading the way by bringing new refractive technologies to the U.S. market, starting with the VisuMax® laser for SMILE® and continuing with the MEL 90.

With more than 2 million Small Incision Lenticule Extraction (SMILE®) treatments to date, ZEISS continues its leadership in laser vision correction with SMILE® currently used by more than 2,000 surgeons across more than 70 countries worldwide. With FDA approval late last year, ZEISS expanded its Myopia treatment to patients with Astigmatism and has seen the volume of treatments with SMILE® more than double in the U.S. compared to last year.

“As one of the first surgeons in California to perform the SMILE®-based procedure I have since seen a drastic improvement in patient care,” said Jay Bansal, MD, of the LaserVue Eye Center in the San Francisco Bay Area. “The minimally-invasive nature of the procedure improves the overall patient experience and the solution set up makes it more efficient and economical for my practice.”

SMILE® supports a minimally-invasive corneal refractive procedure performed by using the VisuMax® femtosecond laser to create a thin disc-shaped lenticule within the cornea, which is then removed through a small incision, thereby achieving the desired vision correction. SMILE® requires only one laser to perform the entire solution leaving the outer corneal layer largely intact, thus potentially contributing to the cornea’s biomechanical and refractive stability after surgery.

As some indications in refractive surgery still require treatment by an ablative laser, ZEISS has initiated a clinical trial for the MEL 90 Excimer Laser. With IDE approval received earlier this year, first treatments have commenced prior to AAO. “We are thrilled to be starting this study now and to eventually support an approval that will complement our surgical toolbox beyond the indications of the SMILE®-based procedure,” said Jon Dishler, MD, of Dishler Laser in Denver, Colorado, and Medical Monitor for the MEL 90 clinical trial.

ZEISS will showcase the latest solutions for digital eye care in Booth # 5669 in North Hall at the Annual Meeting of the American Academy of Ophthalmology (AAO) from October 12-15, 2019.

For more information, visit www.zeiss.com/meditec/

Not all products, services or offers are approved or offered in every market and approved labeling and instructions may vary from one country to another. For country specific product information, see the appropriate country website. Product specifications are subject to change in design and scope of delivery as a result of ongoing technical development.

Brief profile
Carl Zeiss Meditec AG (ISIN: DE 0005313704), which is listed on MDAX and TecDax of the German stock exchange, is one of the world’s leading medical technology companies. The Company supplies innovative technologies and application-oriented solutions designed to help doctors improve the quality of life of their patients. The Company offers complete solutions, including implants and consumables, to diagnose and treat eye diseases. The Company creates innovative visualization solutions in the field of microsurgery.

With approximately 3,050 employees worldwide, the Group generated revenue of €1,280.9m in fiscal year 2017/18 (to 30 September).

The Group’s head office is located in Jena, Germany, and it has subsidiaries in Germany and abroad; more than 50 percent of its employees are based in the USA, Japan, Spain and France. The Center for Application and Research (CARIn) in Bangalore, India and the Carl Zeiss Innovations Center for Research and Development in Shanghai, China, strengthen the Company’s presence in these rapidly developing economies. Around 41 percent of Carl Zeiss Meditec AG’s shares are in free float. The remaining approx. 59 percent are held by Carl Zeiss AG, one of the world’s leading groups in the optical and optoelectronic industries.

For more information visit our website at: www.zeiss.com/med

ZEISS CIRRUS 6000 including application

ZEISS EQ Workplace with screen without IOLMaster

ZEISS (PRNewsfoto/Carl Zeiss Meditec)

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SOURCE ZEISS

‘Ghost kitchens’ are taking over fast-food chains from Chick-fil-A to Wendy’s

Wendy's Honey Butter Chicken BiscuitIrene Jiang / Business Insider

  • Wendy’s became the latest fast-food chain to name-check ghost kitchens on Friday, at the company’s investor day
  • Abigail Pringle, Wendy’s chief development officer, said “dark kitchens” would be a significant part of the chain’s expansion strategy and said it planned to open two of these delivery-focused locations in the US by the end of the year. 
  • Chains including The Halal Guys, Sweetgreen, and Chick-fil-A have partnered with leading ghost-kitchen brand Kitchen United to offer delivery out of a shared commercial kitchen.
  • In September, Kitchen United closed on a $40 million Series B funding round led by real estate company RXR Realty and GV (formerly Google Ventures). 
  • Visit Business Insider’s homepage for more stories.

The future of fast food could be ghost kitchens. 

On Friday, Wendy’s became the latest fast-food chain to mention delivery-centric locations without dining rooms or takeout, commonly called ghost kitchens or dark kitchens. 

Abigail Pringle, Wendy’s chief development officer, said during Wendy’s annual investor day that dark kitchens would be a significant part of the chain’s expansion strategy. Pringle said the chain planned to open two dark kitchens in the US by the end of the year, having already utilized the design internationally. 

Wendy’s plans to use dark kitchens in high-delivery areas, as well as in regions where the chain has not yet opened locations due to high real estate costs or other restraints. And, the fast-food chain isn’t alone in turning to ghost kitchens to boost delivery sales without making massive investments. 

Read more: Fast food turns to ‘ghost kitchens’ and restaurants on wheels as chains like pizza and Chick-fil-A battle for delivery dominance

Chains including The Halal Guys, Sweetgreen, and Chick-fil-A have partnered with leading ghost-kitchen brand Kitchen United to offer delivery out of a shared commercial kitchen. In September, Kitchen United closed on a $40 million Series B funding round led by real estate company RXR Realty and GV (formerly Google Ventures). 

Kitchen United plans to enter the New York City market as part of its relationship with RXR Realty. The company has 13 more locations in the pipeline, with plans to have eight kitchens open by the end of the year. It aims to ultimately open 400 locations over the next four years. 

The ghost kitchen craze is being driven by the explosion of delivery options in fast food.

UberEats, Postmates, GrubHub, and other third-party delivery companies are partnering with chains, many of which are just now offering delivery for the first time. Food delivery is set to become a $75.9 billion business by 2022, according to a 2018 Cowen Co. report. That’s more than triple the $23.2 billion in delivery sales that were done in 2011. 

As delivery becomes a larger portion of chains’ sales, delivery-centric locations are likely to make up a greater number of fast-food shops around the US. The concept of what a fast-food location looks like is fundamentally transforming — and ghost kitchens are set to play a major role. 

Wall Street giants Blackstone and Citadel have reportedly held talks about a massive deal to combine their powers

Steve SchwarzmanHollis Johnson/Business Insider

  • Wall Street giants Blackstone Group and Citadel have reportedly held deal talks. 
  • Blackstone has held discussions to take a stake in the hedge fund itself as well as its securities-trading business, according to a report in The Wall Street Journal.
  • While a deal isn’t certain, it would represent a tie-up of two of the most preeminent names in investing. 

Two of Wall Street’s most legendary investment firms have reportedly discussed a deal to combine their powers. 

Private-equity behemoth Blackstone Group has reportedly held talks to take in stake in Citadel, the Chicago-based hedge fund run by billionaire Ken Griffin, according to a report in The Wall Street Journal by Rachael Levy and Liz Hoffman. 

Blackstone, which is helmed by billionaire Steve Schwarzman, has been sizing up an investment in Citadel’s flagship fund as well as its separate market-making business, Citadel Securities, according to the report. 

How hefty a price tag Citadel would fetch from Blackstone wasn’t immediately clear — Citadel execs reportedly value the hedge fund alone at $5 billion to $7 billion — and the Journal reported that the discussions were “occasionally contentious and not certain to result in a deal.”

A Blackstone spokeswoman told WSJ they are not in discussions “at this time,” while Citadel spokesman Zia Ahmed said a “number of investors have expressed interest in our management company” over its three-decade long run. 

With $32 billion in assets under management, Citadel is one industry’s largest and most successful hedge funds. That’s helped Griffin amass a fortune of nearly $13 billion, according to Forbes. 

Blackstone, meanwhile, is the world’s largest private-equity firm, with nearly $550 billion in assets under management. Schwarzman’s net worth is nearly $17 billion.

Read more at The Wall Street Journal.