Companies news of 2018-03-07 (page 1)

Frost & Sullivan Recognizes Axalta as the Market Leader In Automotive Refinish Coatings with Best-in-Class Products and Superior Customer Value

Axalta's consultative development approach helps customers reap benefits such as cost optimization, durability, and efficiency

SANTA CLARA, California, March 7, 2018 /PRNewswire/ -- Based on its recent analysis of automotive refinish coatings market, Frost & Sullivan recognizes Axalta Coating Systems (NYSE: AXTA) with the 2017 Global Market Leadership Award. Axalta has successfully established itself as a leader in providing best-in-class products and superior customer value through its focus on continuous innovation and dedication to maintaining strong customer relationships.

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"Axalta's flagship brands in the refinish coatings market: Cromax®, Spies Hecker®, and Standox®, as well as its specialized products, are viewed as premium, market leading brands based on their excellent track record, servicing body shops around the world as well as some of the top motorsports drivers globally," said Christeena Thomas, Senior Research Analyst.

Axalta introduces a number of new coatings to the refinish market each year in response to consumer needs. The company developed its Syrox product system as a response to customer demand for straightforward, conventionally applied, economical, and sustainable refinish systems that provide accurate color matching. This product provides a cost-effective alternative to competing premium product offerings. In addition, Axalta launched application technologies to assist customers in the efficient processing and application of its products on vehicle surfaces. For example, the company introduced its coatings application system, IntelliMist? paint shop climate control technology, to improve paint shop productivity by automatically controlling spray booth humidity, thus enabling customers to apply all waterborne and solvent-borne coatings with ease, compared to other prevalent systems.

Apart from a strong product portfolio, Axalta offers numerous value-added services, including product application, testing, installation, training, and periodic validation. Axalta recently opened its new Customer Experience Center in Concord, North Carolina, a 36,000 square-foot facility that features next-generation education, meeting, exhibit, and hands-on training spaces for customers. The company also recently announced it has been designated as the "Official Paint Partner of NASCAR."

"Axalta  invested $180 million in R&D in 2016 has four dedicated R&D centers worldwide, while taking a consultative product development approach that helps customers reap benefits such as cost optimization, durability, and efficiency over the long term," said Thomas. "The company's constant product innovation and superior customer services are key reasons why Axalta has maintained its market leadership position in the industry."

Each year, Frost & Sullivan bestows this award upon the company that demonstrates excellence in growth and customer value. Attaining loyal customers who became brand advocates allows the company to grow and achieve a market leadership position. By committing to the customer at each stage of the buying cycle and continuing to nurture the relationship, this Award recognizes a company's increased market share over time.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Axalta

Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and sustainable solutions.  From light OEM vehicles, commercial vehicles and refinish applications to electric motors, buildings and pipelines, our coatings are designed to prevent corrosion, increase productivity and enable the materials we coat to last longer.  With more than 150 years of experience in the coatings industry, the approximately 13,300 people of Axalta continue to find ways to serve our more than 100,000 customers in 130 countries better every day with the finest coatings, application systems and technology.  For more information visit and follow us @Axalta on Twitter and on LinkedIn

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion.

Estefany Ariza
P: 210.477.8469
F: 210.348.1003


WANdisco Launches OEM Sales Partnership with Alibaba Cloud

LONDON, March 7, 2018 /PRNewswire/ --

  • WANdisco Fusion to be embedded as a standard component in selected Alibaba Cloud solutions
  • Represents WANdisco's first OEM agreement in China significantly expanding addressable market

WANdisco (LSE: WAND), the Live Data Company, announces it has entered into a non-exclusive OEM ('Original Equipment Manufacturer') sales agreement with Alibaba Cloud, the cloud computing arm of Alibaba Group.

Under the sales agreement, WANdisco Fusion, a solution that seamlessly replicates transactional data at petabyte scale without downtime or disruption, will be sold as a standard component on Alibaba Cloud, covering several key aspects including Live Data migration to Alibaba Cloud, Alibaba Cloud for disaster recovery and hybrid big data with Alibaba Cloud.  The partnership represents a substantial increase in WANdisco's addressable market and a significant extension of its channel strategy.

Mr. Hong Tang, Chief Architect of Alibaba Cloud, commented:  

"We believe WANdisco's unique Live Data platform can significantly help our customers to leverage cloud for their data computing demands, whether it is to migrate their on premise data to our cloud, utilize cloud for disaster recovery solutions or maintain a hybrid-cloud solution, while ensuring their data is always available, accurate and protected." 

Mr. David Richards, Chief Executive Officer and Interim Chairman of WANdisco, commented: 

"Partnering with Alibaba Cloud marks another significant milestone in our emergence as a critical part of cloud infrastructure. Our channel strategy has enabled us to expand our addressable market by; opening up new use cases for WANdisco Fusion, moving into new sectors, and now, growing our platform in new geographies. This is our first OEM agreement in the Chinese market and Alibaba Cloud is the largest provider of public cloud services in China, which adds significant market reach and scale to our business." 

About WANdisco 

WANdisco is shaping the future of data infrastructure with its groundbreaking Live Data platform, enabling companies to put all their data to work for the business - all the time, at any scale.

WANdisco makes data always available, always accurate, and always protected, delivering hyperscale economics to support exponential data growth with the same IT budget. With significant OEM relationships with IBM and Dell EMC and go-to-market partnerships with Amazon Web Services, Cisco, Microsoft Azure, Google Cloud, Hewlett Packard Enterprise, Oracle and other industry titans - as well as hundreds of customers among the Global 2000 - WANdisco is igniting a Live Data movement worldwide.

For additional information, please visit


For further information, please contact: 
FTI Consulting                                           +44-(0)20-3727-1000
Matt Dixon / Harry Staight / Leah Dudley / Kwaku Aning

Swedish Healthcare Provider Digitizes Pathology for Primary Diagnostics With Sectra

LINKÖPING, Sweden, March 7, 2018 /PRNewswire/ --

International medical imaging IT and cybersecurity company Sectra (STO: SECT B) has signed a contract with Dalarna County Council in Sweden for digital pathology. Dalarna County Council is already using Sectra's solution for breast imaging. The two departments work particularly closely together in cancer care. Working within the same system will allow for convenient sharing of images and information, enabling efficient integrated diagnostics and patient-centric care.

"By digitizing pathology, we will enable a closer collaboration between pathologists as well as with other departments, thereby increasing efficiency in cancer care," says Tibor Tot, operation manager for laboratory medicine at Dalarna County Council. "For example, it will make the preparation of multidisciplinary team meetings easier as well as the actual meetings. In addition, Sectra's vendor-neutral solution lets us use different scanners from various vendors depending on which is most suitable for a certain type of pathology image. This will be very important for us moving forward."

The contract also comprises Sectra's solution for sharing pathology images and collaborating with others. Pathologists at Dalarna County Council will be able to share images and collaborate with pathologists working from elsewhere, both in and outside the country. It provides efficient use of resources and an ability to easily discuss cases with subspecialized pathologists. 

Sectra digital pathology
Sectra's digital pathology solution includes digital tools which enable the pathologists to make their diagnoses and carry out reporting with higher precision and less time spent per case. The pathology solution is built on the same platform as Sectra's solution for handling radiology images (Sectra PACS). This enables in-depth collaboration and easier sharing of medical images and patient information between radiologists and pathologists as well as with other medical disciplines involved in cancer care?so called integrated diagnostics. In addition, using a common platform leads to reduced maintenance and operating costs. Sectra offers a complete, vendor-neutral solution for primary diagnostics that includes storage solutions and an advanced review workstation. In the US, digital pathology for primary diagnostics is still pending FDA approval.

For further information, please contact:

Dr. Torbjörn Kronander,
CEO and President Sectra AB,

Marie Ekström Trägårdh,
Executive Vice President Sectra AB and President Sectra Imaging IT Solutions,

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Swedish healthcare provider digitizes pathology for primary diagnostics with Sectra


Egis Technology Inc. Reports 2017 Q4 & Full Year Revenue

TAIPEI, Taiwan, March 7, 2018 /PRNewswire/ -- Egis Technology Inc. (TWO:6462) announces its net revenues for 4Q2017 & Full Year 2017.

Egis Technology logo

Consolidated 4Q2017 & Full Year 2017 Net Revenue (Unit: NTD Thousands)




Q4 2017


Q4 2016

Y-o-Y Increase (Decrease)


Q3 2017





2017 FY


2016 FY

Y-o-Y Increase (Decrease)

Net Revenues









About Egis Technology Inc.

As a leading provider of fingerprint biometrics, Egis Technology Inc. (TWO:6462), specializes in providing a total turnkey solution with superior sensor performance and software functionality. Their proprietary matching algorithm offers one of the best FAR/FRR performances in the current market while providing maximum security and convenience. Egis' leading edge fingerprint technology is the ideal choice for implementation in mobile devices. As a board member of the FIDO Alliance, Egis aims to provide security and authentication for all in the online world. Egis is headquartered in Taipei, Taiwan with a branch office located in China and subsidiaries in Japan, Korea, and USA. For more information, please visit

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