Category: Pakistan

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Italian Operator EOLO Selects Mavenir 5G SA Core for Europe’s First 5G Standalone mmWave FWA Network 

Mavenir’s cloud-native, flexible and agile 5G SA Core solution enables EOLO to cost-effectively deliver FWA broadband services to hard-to-connect areas across Italy

RICHARDSON, Texas, Feb. 11, 2025 (GLOBE NEWSWIRE) — Mavenir, the cloud-native network infrastructure provider building the future of networks, has been selected by innovative telecommunications operator EOLO, Italy’s largest fixed wireless access (FWA) broadband provider, to supply the 5G SA Core for its groundbreaking Gbps fixed wireless access network. The deployment is among the world’s first 5G standalone FWA networks using mmWave and will deliver cost-effective ultrafast broadband internet access to areas across Italy not reached by fiber connectivity.

Mavenir’s 5G SA Core was selected by EOLO for its outstanding levels of flexibility and interoperability. The Mavenir solution will work alongside the User Plane Function (UPF) from 6Wind, marking an industry-first for interoperability and subsequent commercial deployment between Session Management Functions (SMF) and User Plane Functions (UPF) from two different vendors.

The Mavenir 5G SA Core will deliver both IP and Ethernet data units (IPDU and EPDU), which has never previously been achieved in a live environment.

Stefano Cantarelli, Executive Vice President at Mavenir, said: “This is one of the most exciting and innovative 5G FWA deployments in the world – it is pushing boundaries and using the very best 3GPP-based technologies available to deliver rural connectivity against all odds. EOLO has selected best-in-class partners for this project and Mavenir is proud to be a part of that team, bringing our 5G leadership and commitment to flexibility and agility.”

Guido Garrone, CEO at EOLO S.p.A., added: “Mavenir is an excellent team player. Their 5G Core is future-proofed, and the interoperability of their solution has enabled EOLO to choose the best partners for each element of this challenging and innovative new network. The infrastructures that we are building together will complement fiber coverage, playing a pivotal role in strengthening networks and driving the country’s future growth.”

Mavenir offers the industry’s only end-to-end cloud-native network software, with its AI-powered technology enabling energy savings, improved user experience, resource optimisation, enhanced security and fraud protection, and monetization. Its MAVcore® functions are implemented as microservices running in containers, using open APIs to integrate with 3rd party platforms and observability frameworks. This allows CSPs such as EOLO to roll-out services faster, increase efficiency, and reduce downtime.

Mavenir’s full 5G portfolio will be displayed at the upcoming MWC Barcelona, March 3-6, in Hall 2, Stand 2H60. For more on Mavenir’s presence at the show visit  https://www.mavenir.com/mwc-2025/#request-a-meeting-mwc

About Mavenir:

Mavenir is building the future of networks today with cloud-native, AI-enabled solutions which are green by design, empowering operators to realize the benefits of 5G and achieve intelligent, automated, programmable networks. As the pioneer of Open RAN and a proven industry disruptor, Mavenir’s award-winning solutions are delivering automation and monetization across mobile networks globally, accelerating software network transformation for 300+ Communications Service Providers in over 120 countries, which serve more than 50% of the world’s subscribers. For more information, please visit www.mavenir.com

About EOLO:

EOLO is a national telecommunications operator, leader in ultra-broadband wireless (FWA) for residential and business markets. It ensures high-quality access to Ultra Broadband focusing on areas affected by digital divide. EOLO is a Benefit Corporation and the first Italian telecommunications company to achieve B Corp certification. It covers over 7,000 municipalities with more than 4,100 BTS (radio transmitters). EOLO connects 1.6 million people and 116,000 businesses, public administrations, and professionals. The company relies on a network of over 17,000 individuals, including collaborators, technical installers, and commercial partners across the territory.

More information about EOLO’s services is available at www.eolo.it

Mavenir PR Contact:
Emmanuela Spiteri
[email protected]

GlobeNewswire Distribution ID 9356216

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Duck Creek Technologies Partners with Worldpay to Enhance Payments Solutions

Strategic partnership delivers future-proof, global payments capabilities for insurance carriers

BOSTON, Feb. 11, 2025 (GLOBE NEWSWIRE) — Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, today announced a strategic partnership with Worldpay®, a global industry leader in payments technology and solutions.

Worldpay’s global payments capabilities embedded in Duck Creek Payments, provide carriers with a seamless, end-to-end payment management platform tailored specifically to the insurance industry. The addition of Worldpay’s payments capabilities fortifies Duck Creek’s ability to serve carriers worldwide with its payments platform while ensuring scalability and future-proofing through continued technology investments.

“Selecting the right payments processing partner is pivotal to delivering an exceptional experience for our customers,” said Allan Lacoste, Chief Payments Officer at Duck Creek Technologies. “Worldpay aligns perfectly with our mission to provide insurance carriers with secure, efficient, and flexible payment solutions. Through this partnership, Duck Creek Payments becomes even more robust, eliminating the need for costly, bespoke integrations while embedding industry-leading payment processing capabilities directly into Duck Creek’s core technology.”

This partnership also reflects Duck Creek’s commitment to expanding its Marketplace, where strategic payment partnerships empower carriers to access a comprehensive suite of innovative payment solutions tailored to their unique needs. Worldpay’s technology is a critical, component of the Duck Creek Payments solution, emphasizing its role within the company’s ecosystem.

“By joining forces with Duck Creek, we are realizing our shared goal of modernizing payment solutions for the insurance industry,” said Jason Pavona, General Manager of North America at Worldpay. “The integration of our advanced payment technologies into Duck Creek Payments gives insurance carriers the tools they need to reduce complexity, deliver a better customer journey, and navigate an increasingly dynamic marketplace.”

Duck Creek Payments delivers unparalleled value, ensuring carriers benefit from a seamless, future-ready payments experience that integrates effortlessly into existing core systems. Additionally, insurers can process easier, more cost-effective payments and provide customers with increased payment flexibility, including Buy Now, Pay Later (BNPL) options.

About Worldpay
Worldpay is an industry leading payments technology and solutions company with unique capabilities to power omni-commerce across the globe. Our processing solutions allow businesses of all sizes to take, make and manage payments in-person and online from anywhere in the world. Annually, we process over 50 billion transactions across 146 countries and 135 currencies. We help our customers become more efficient, more secure and more successful. To learn more, visit worldpay.com or follow us on LinkedIn, Instagram, X, and or Facebook.

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:

Duck Creek:
Marianne Dempsey/Tara Stred
[email protected]

Worldpay:
Siobhan Acha Derrington
Director of Public Relations
[email protected]

GlobeNewswire Distribution ID 9355784

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Duck Creek Technologies Partners with Worldpay to Enhance Payments Solutions

Strategic partnership delivers future-proof, global payments capabilities for insurance carriers

BOSTON, Feb. 11, 2025 (GLOBE NEWSWIRE) — Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, today announced a strategic partnership with Worldpay®, a global industry leader in payments technology and solutions.

Worldpay’s global payments capabilities embedded in Duck Creek Payments, provide carriers with a seamless, end-to-end payment management platform tailored specifically to the insurance industry. The addition of Worldpay’s payments capabilities fortifies Duck Creek’s ability to serve carriers worldwide with its payments platform while ensuring scalability and future-proofing through continued technology investments.

“Selecting the right payments processing partner is pivotal to delivering an exceptional experience for our customers,” said Allan Lacoste, Chief Payments Officer at Duck Creek Technologies. “Worldpay aligns perfectly with our mission to provide insurance carriers with secure, efficient, and flexible payment solutions. Through this partnership, Duck Creek Payments becomes even more robust, eliminating the need for costly, bespoke integrations while embedding industry-leading payment processing capabilities directly into Duck Creek’s core technology.”

This partnership also reflects Duck Creek’s commitment to expanding its Marketplace, where strategic payment partnerships empower carriers to access a comprehensive suite of innovative payment solutions tailored to their unique needs. Worldpay’s technology is a critical, component of the Duck Creek Payments solution, emphasizing its role within the company’s ecosystem.

“By joining forces with Duck Creek, we are realizing our shared goal of modernizing payment solutions for the insurance industry,” said Jason Pavona, General Manager of North America at Worldpay. “The integration of our advanced payment technologies into Duck Creek Payments gives insurance carriers the tools they need to reduce complexity, deliver a better customer journey, and navigate an increasingly dynamic marketplace.”

Duck Creek Payments delivers unparalleled value, ensuring carriers benefit from a seamless, future-ready payments experience that integrates effortlessly into existing core systems. Additionally, insurers can process easier, more cost-effective payments and provide customers with increased payment flexibility, including Buy Now, Pay Later (BNPL) options.

About Worldpay
Worldpay is an industry leading payments technology and solutions company with unique capabilities to power omni-commerce across the globe. Our processing solutions allow businesses of all sizes to take, make and manage payments in-person and online from anywhere in the world. Annually, we process over 50 billion transactions across 146 countries and 135 currencies. We help our customers become more efficient, more secure and more successful. To learn more, visit worldpay.com or follow us on LinkedIn, Instagram, X, and or Facebook.

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:

Duck Creek:
Marianne Dempsey/Tara Stred
[email protected]

Worldpay:
Siobhan Acha Derrington
Director of Public Relations
[email protected]

GlobeNewswire Distribution ID 9355784

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A Borderless Celebration: Nova Gorica and Gorizia Open the European Capital of Culture

Slovenian Nova Gorica and Italian Gorizia are coming together to write a new cultural chapter – one without borders. On 8 February 2025, Slovenia’s Cultural Holiday, the twin cities are hosting a spectacular all-day opening celebration. Under the title From Station to Station, the festivities will unfold across streets and squares, brought to life by musicians, dancers, folklorists and performers

Nova Gorica and Gorizia Open the European Capital of Culture
Nova Gorica and Gorizia Open the European Capital of Culture, Photo: Jernej Humar

NOVA GORICA, Slovenia, Feb. 08, 2025 (GLOBE NEWSWIRE) — At Europe Square, the symbolic heart of both cities, the European Capital of Culture will be officially inaugurated. As night falls, the spotlight will move to the open-air stage in front of Nova Gorica’s municipal building, where an unforgettable cultural spectacle will take place.

More about the official opening

Over the coming months, GO! 2025 will bring a thousand unforgettable events to the region, including concerts, theatre, art exhibitions, film screenings, culinary experiences and more.

After the grand opening ceremony, March for Europe (1–9 May) will transform border crossings into art, while Tastes without Borders (26–28 September) will offer a feast of gourmet delights. The Enlightened Closing Ceremony (1–3 December) will illuminate both cities in a spectacular finale. Highlights also include concerts by Alexander Gadjijev, Borderless Body, Dodecalogy 1972–1983, EPIC, ISOLABS, and Benedetti Life, celebrating unity, creativity and cultural heritage.

Official programme

GO! 2025 is also a chance to explore a region where history, modernism and breathtaking nature converge. Nova Gorica, Slovenia’s youngest city, boasts stunning examples of modernist architecture and sits along the breathtaking Soča River, a paradise for nature lovers. By train, visitors can visit the Soča Valley, discovering the charms of Tolmin, Kobarid and Bovec.

Meanwhile, wine lovers and food enthusiasts can indulge in two remarkable wine regions:

  • The Vipava Valley, often called the Slovenian Provence, renowned for its sun-kissed vineyards and boutique wineries
  • The poetic landscape of Goriška Brda, with beauty and exceptional wines.

To navigate the European Capital of Culture with ease, we invite you to use the Wherever You Go! – GO!2025 web app, which keeps you updated on the latest events, performances and cultural happenings, or the BulevAR app, which uses augmented reality to bring the past and present of Nova Gorica and Gorizia to life.

The Slovenian Tourist Board is deeply engaged in promoting GO! 2025, recognizing arts and culture as a central theme of 2024–2025 promotional activities.

GO2025-Jernej-Humar

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/831b0bb3-dbf9-4d83-ad41-16042aa316cf

Contacts: [email protected]

GlobeNewswire Distribution ID 1001047275

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Tungray Technologies Inc Announcement: If You Have Suffered Losses in Tungray Technologies Inc (NASDAQ: TRSG), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

NEW YORK, Feb. 07, 2025 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Tungray Technologies Inc (NASDAQ: TRSG) resulting from allegations that Tungray Technologies may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Tungray Technologies securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=32968 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

WHAT IS THIS ABOUT: On December 31, 2024, Tungray Technologies filed a current report with the U.S. Securities and Exchange Commission on Form 6-K. The current report stated that on “December 30, 2024, the Board of Directors of Tungray Technologies Inc (the “Company”), upon recommendation of the Audit Committee and following discussions with management, determined that the Company’s financial statements for the years ended December 31, 2023, 2022 and 2021 included in the Company’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the Securities and Exchange Commission on April 26, 2024 (the “20-F”), should no longer be relied upon. Similarly, related reports, press releases, earnings releases, and investor communications describing the Company’s financial statements for these periods should no longer be relied upon.”

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 9354626

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Tungray Technologies Inc Announcement: If You Have Suffered Losses in Tungray Technologies Inc (NASDAQ: TRSG), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

NEW YORK, Feb. 07, 2025 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Tungray Technologies Inc (NASDAQ: TRSG) resulting from allegations that Tungray Technologies may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Tungray Technologies securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=32968 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

WHAT IS THIS ABOUT: On December 31, 2024, Tungray Technologies filed a current report with the U.S. Securities and Exchange Commission on Form 6-K. The current report stated that on “December 30, 2024, the Board of Directors of Tungray Technologies Inc (the “Company”), upon recommendation of the Audit Committee and following discussions with management, determined that the Company’s financial statements for the years ended December 31, 2023, 2022 and 2021 included in the Company’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the Securities and Exchange Commission on April 26, 2024 (the “20-F”), should no longer be relied upon. Similarly, related reports, press releases, earnings releases, and investor communications describing the Company’s financial statements for these periods should no longer be relied upon.”

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 9354626