Author: Asianet Pakistan

The conference highlights how industry leaders are propelling the industry forward by delivering innovative solutions to minimize risk and exposure and deliver better customer experiences

BOSTON, May 20, 2025 (GLOBE NEWSWIRE) — Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, today kicks off Formation ’25, its flagship customer conference, at the Signia by Hilton Bonnet Creek in Orlando, Florida.

Formation ’25 will focus on how insurers lead, adapt, and innovate together to face unprecedented circumstances in the insurance industry. Formation ’25 is a dynamic event featuring enriching content, extensive industry networking opportunities, and unforgettable moments.

“Formation provides a unique platform for insurance professionals to come together, share insights, and explore the transformative power of AI,” said Mike Jackowski, Chief Executive Officer of Duck Creek Technologies. “We are thrilled to host this conference and look forward to the impactful conversations and innovative ideas that will emerge with our customers and partners.”

Kicking off the event, Jackowski takes the main stage to discuss the insurance industry’s toughest challenges and solutions shaping its future. Jackowski will challenge the insurance industry to stretch their imagination on how to leverage new technology, such as Agentic AI, to boost the industry to the leading-edge of innovation. The opening keynote will be followed by different customers and Duck Creek leaders to provide a deep dive into topics such as how adopting a modern platform with evergreen Software-as-a-Service (SaaS) and how Active Delivery will transform their business by driving growth and profitability and improving risk and exposure.

In addition to main stage general sessions, Formation ’25 will host 50 general and hyper-focused breakout sessions covering every aspect of the P&C insurance industry attendees have top of mind. Sessions will cover AI and machine learning in Insurtech, distribution management, loss control, payments, reinsurance, successful migration strategies, and so much more.

The conference agenda is packed with engaging sessions for in-depth learning and networking opportunities, including exclusive forums for customers to discuss product experiences and share best practices in User Group sessions. The Launchpad will showcase Duck Creek’s latest innovations and partner solutions in an interactive space. Networking events, such as the Women in Insurance Networking (W.I.N.) event, will provide opportunities to connect with peers and industry leaders about Evolving Conversations.

Formation ’25 highlights real-world customer success stories, with case studies and panel discussions featuring organizations that have leveraged Duck Creek’s solutions to drive digital transformation and operational efficiency.

The event also showcases Duck Creek’s robust partner ecosystem, with over 50 partners participating as sponsors. Platinum sponsors include Aggne, a wipro company, Coforge, Cognizant, InvoiceCloud and LTIMindtree. For a full list of Formation ’25 sponsors, click here. For more information on Formation ’25, including the full agenda and speaker lineup, visit https://events.duckcreek.com/formation25.

About Duck Creek Technologies

Duck Creek Technologies is the global intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and X.

Media Contacts:
Marianne Dempsey/Tara Stred
[email protected]

GlobeNewswire Distribution ID 9454636

VICTORIA, Seychelles, May 20, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, is celebrating Bitcoin Pizza Day by hosting events across five continents and distributing pizzas to more than 2,000 people. Between May 19 and May 22, gatherings are being held in cities including Abuja, Cape Town, Buenos Aires, São Paulo, Mexico City, Lisbon, Barcelona, Florence, Catania, Turin, Milan, Athens, Metro Manila, Penang, Tirana, Prague, Dubai, Taipei, and Ho Chi Minh City.

Bitcoin Pizza Day, celebrated annually on May 22, reminds us of the historic purchase of two pizzas for 10,000 Bitcoins by Laszlo Hanyecz in 2010—a transaction that demonstrates Bitcoin’s immense potential as a medium of exchange. The modest transaction, then worth around $41, is now estimated to be valued at nearly $1 billion. The day has become a symbol of Bitcoin’s evolution from a niche experiment to the backbone of the emerging financial innovation space.

This year’s celebrations seek to bridge the global crypto community, offering an opportunity for enthusiasts, traders, and newcomers alike to engage in dialogue about Bitcoin’s journey and the future of decentralized finance. The events combine informal networking with educational discussions, reinforcing Bitcoin’s growing relevance amid shifting economic landscapes.

“Every year, we celebrate Bitcoin Pizza Day because it reminds us how far this industry has come—from 10,000 BTC being worth just $40 to now touching $1 billion. It marks the epitome of any financial vehicle’s success in history. At Bitget, it’s one of our favorite days to share with the community and reflect on the incredible journey we’ve all been part of,” says Gracy Chen, CEO at Bitget.

By organizing events across diverse regions such as Africa, Latin America, Europe, and Asia, Bitget is showing support towards local crypto communities, encouraging wider participation in the evolving cryptospace. The gatherings highlight how Bitcoin’s story resonates globally, transcending borders. Initiatives such as this serve as reminders of the principles that will continue to fuel the adoption of crypto—innovation, resilience, and joint vision.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5fd9309d-8df9-47c3-a79b-d573efe84e51

GlobeNewswire Distribution ID 1001097710

Arla Foods Ingredients

The expanded collaboration will see Brenntag distributing Arla Foods Ingredients’ extensive portfolio of protein ingredients in Vietnam, Thailand and Indonesia. It will cover a wide range of categories, including health foods, infant nutrition and sports nutrition, as well as solutions for functionality in dairy and bakery.

Brenntag Group is the global market leader in chemicals and ingredients distribution. The new deals follow 2023’s extensive distribution agreement between Arla Foods Ingredients and Zhongbai Xingye Food Technology (Beijing) Co., Ltd, a Brenntag group company, to serve the Chinese market.

Southeast Asia offers significant market potential. Research suggests that increasing prosperity in the region is driving demand for food and beverage products containing high-quality protein, which is currently not being fully met.¹

Alexander Leufgen, Head of Asia-Pacific at Arla Foods Ingredients, said: “Demand for high-quality whey and dairy ingredients is growing across Southeast Asia, especially in key segments like active nutrition and food functionality. Our goal is to improve and extend our offering to manufacturers across the region. By building on our existing arrangement with Brenntag we’ll be able to better tailor our products and services to meet their needs.”

Kenneth Keh, Regional President, Nutrition Asia Pacific, Brenntag Specialties, said: “Our partnership with Arla Foods Ingredients in China has been immensely successful, and we are excited to expand it into Southeast Asia. With our combined strength we are confident that we can meet the demand for high-quality, innovative nutritional products in the growing markets of Indonesia, Thailand, and Vietnam.”

For more information contact:

Arla Foods Ingredients
Helence Zhang | Email: [email protected]

Brenntag
Kaye Lim, APAC Communications
Tel: +65 98514750 | Email: [email protected]

¹ US Dairy Export Council ‘USDEC sparks innovation opportunities in SE Asia with U.S. dairy proteins’, January 18th, 2024

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e09384c2-7e0b-4d46-8d87-2aa79056d170

GlobeNewswire Distribution ID  9454054

Arla Foods Ingredients

The expanded collaboration will see Brenntag distributing Arla Foods Ingredients’ extensive portfolio of protein ingredients in Vietnam, Thailand and Indonesia. It will cover a wide range of categories, including health foods, infant nutrition and sports nutrition, as well as solutions for functionality in dairy and bakery.

Brenntag Group is the global market leader in chemicals and ingredients distribution. The new deals follow 2023’s extensive distribution agreement between Arla Foods Ingredients and Zhongbai Xingye Food Technology (Beijing) Co., Ltd, a Brenntag group company, to serve the Chinese market.

Southeast Asia offers significant market potential. Research suggests that increasing prosperity in the region is driving demand for food and beverage products containing high-quality protein, which is currently not being fully met.¹

Alexander Leufgen, Head of Asia-Pacific at Arla Foods Ingredients, said: “Demand for high-quality whey and dairy ingredients is growing across Southeast Asia, especially in key segments like active nutrition and food functionality. Our goal is to improve and extend our offering to manufacturers across the region. By building on our existing arrangement with Brenntag we’ll be able to better tailor our products and services to meet their needs.”

Kenneth Keh, Regional President, Nutrition Asia Pacific, Brenntag Specialties, said: “Our partnership with Arla Foods Ingredients in China has been immensely successful, and we are excited to expand it into Southeast Asia. With our combined strength we are confident that we can meet the demand for high-quality, innovative nutritional products in the growing markets of Indonesia, Thailand, and Vietnam.”

For more information contact:

Arla Foods Ingredients
Helence Zhang | Email: [email protected]

Brenntag
Kaye Lim, APAC Communications
Tel: +65 98514750 | Email: [email protected]

¹ US Dairy Export Council ‘USDEC sparks innovation opportunities in SE Asia with U.S. dairy proteins’, January 18th, 2024

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e09384c2-7e0b-4d46-8d87-2aa79056d170

GlobeNewswire Distribution ID  9454054

Arla Foods Ingredients

The expanded collaboration will see Brenntag distributing Arla Foods Ingredients’ extensive portfolio of protein ingredients in Vietnam, Thailand and Indonesia. It will cover a wide range of categories, including health foods, infant nutrition and sports nutrition, as well as solutions for functionality in dairy and bakery.

Brenntag Group is the global market leader in chemicals and ingredients distribution. The new deals follow 2023’s extensive distribution agreement between Arla Foods Ingredients and Zhongbai Xingye Food Technology (Beijing) Co., Ltd, a Brenntag group company, to serve the Chinese market.

Southeast Asia offers significant market potential. Research suggests that increasing prosperity in the region is driving demand for food and beverage products containing high-quality protein, which is currently not being fully met.¹

Alexander Leufgen, Head of Asia-Pacific at Arla Foods Ingredients, said: “Demand for high-quality whey and dairy ingredients is growing across Southeast Asia, especially in key segments like active nutrition and food functionality. Our goal is to improve and extend our offering to manufacturers across the region. By building on our existing arrangement with Brenntag we’ll be able to better tailor our products and services to meet their needs.”

Kenneth Keh, Regional President, Nutrition Asia Pacific, Brenntag Specialties, said: “Our partnership with Arla Foods Ingredients in China has been immensely successful, and we are excited to expand it into Southeast Asia. With our combined strength we are confident that we can meet the demand for high-quality, innovative nutritional products in the growing markets of Indonesia, Thailand, and Vietnam.”

For more information contact:

Arla Foods Ingredients
Helence Zhang | Email: [email protected]

Brenntag
Kaye Lim, APAC Communications
Tel: +65 98514750 | Email: [email protected]

¹ US Dairy Export Council ‘USDEC sparks innovation opportunities in SE Asia with U.S. dairy proteins’, January 18th, 2024

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e09384c2-7e0b-4d46-8d87-2aa79056d170

GlobeNewswire Distribution ID  9454054

Collaboration with Intel Foundry opens access to a proven SLT and Burn-In test ecosystem and test engineering, accelerating time-to-market for fabless customers

SINGAPORE, May 20, 2025 (GLOBE NEWSWIRE) — AEM Holdings Ltd. (SGX: AWX, Reuters: AEM.SI, Bloomberg: AEM:SP) today announced it is working with Intel Foundry to expand access to their established System-Level Test (SLT) and Burn-In capabilities, tailored for advanced computing devices, to Intel Foundry’s customer base. Built on decades of collaboration, AEM and Intel Foundry have developed one of the most extensive and mature SLT and Burn-In ecosystems.

As chips grow in complexity, particularly in high-performance computing (HPC) and artificial intelligence (AI) applications, the need for Burn-In and SLT test solutions has become more critical than ever, to ensure test coverage while reducing the total cost of test. Conducted after the advanced package assembly process, Burn-in and SLT tests ensure chips meet reliability and performance standards in real-world environments — a crucial step to reduce field failures and improve product quality. The partnership between AEM and Intel Foundry offers a proven solution and strategic roadmap, delivering precise thermal control and validation capabilities for next-generation devices, with specifications including power exceeding 2,000 watts and support for package sizes surpassing 200mm x 200mm.

Through this collaboration, AEM brings device-specific configurable test units, advanced handlers and consumables, PiXL Active Thermal Control (ATC), along with software and application support for customer native boards — delivering a fully integrated approach to SLT and Burn-In enablement. This complements Intel Foundry’s comprehensive suite of services, including factory automation, adaptive test data management, turnkey Burn-In Board (BIB) solutions, test program development, customer board integration, and full product debug and execution support.

Key customer benefits include:

• Faster Time-to-Market: Built on a scalable, production-proven platform used across high-volume fabs.   Supported by AEM and Intel Foundry global engineers on hardware integration, test consumable designs, software development, and test application engineers.
• Lower Capital Expenditure: Minimal new infrastructure required, leveraging an established install base of thousands of systems worldwide.
• U.S.-based Engineering and Production Ecosystem: Local teams from both companies enable rapid deployment and support standards-based qualification, including High Temperature Operating Life (HTOL).

“With chiplet-based architectures redefining integration and performance expectations, our open SLT and Burn-In ecosystem—developed with AEM—provides semiconductor manufacturers with a fast, scalable path to high-quality production. This collaboration enhances test coverage, accelerates time-to-market, and ensures the reliability required for AI and HPC applications,” said Mark Gardner, Vice President, Intel Foundry Services, Package and Test Business Group.

“As performance demands rise and chiplet integration becomes the new norm, manufacturers need more than just tools—they need a proven ecosystem. Together with Intel Foundry, we’re enabling customers to reduce capital costs, accelerate qualification, and benefit from deep engineering collaboration that drives product success,” said Amy Leong, CEO of AEM Holdings Ltd.

About AEM Holdings Ltd.
AEM is a global leader in test innovation. We provide the most comprehensive semiconductor and electronics test solutions based on the best-in-class technologies, processes, and customer support. AEM has a global presence across Asia, Europe, and the United States. With manufacturing plants located in Singapore, Malaysia (Penang), Indonesia (Batam), Vietnam, and Finland (Lieto), South Korea, and the United States (Tempe) and a global network of engineering support, sales offices, associates, and distributors, we offer our customers a robust and resilient ecosystem of test innovation and support.

AEM Holdings Ltd. is listed on the main board of the Singapore Exchange (SGX: AWX, Reuters: AEM.SI, Bloomberg: AEM:SP). AEM’s head office is in Singapore.

Safe Harbour Statement
This document contains forward-looking statements, including but not limited to, statements regarding AEM Holdings Ltd.’s collaboration with Intel Foundry, the capabilities and benefits of the System-Level Test (SLT) and Burn-In ecosystem, and expected outcomes for customers. These forward-looking statements are based on current expectations, projections, and assumptions about future events and are subject to risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied in such statements. Factors that could cause actual outcomes to differ materially include, but are not limited to, changes in market conditions, technological advancements, competitive pressures, and regulatory changes. AEM Holdings Ltd. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

Media Contacts

AEM Holdings Ltd.
Name:	Lisa Schwartz, Director of Marketing
Email	[email protected]
Office Phone	1.480.566.6605

GlobeNewswire Distribution ID 9451892