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Calian Acquires Canadian Manufacturer of Wireless Antennas

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OTTAWA, Sept. 03, 2020 — Calian Group Ltd. (TSX: CGY) is pleased to announce it has acquired Tallysman Wireless Inc. (Tallysman), a leading manufacturer of precision Global Navigation Satellite Systems (GNSS) antennas, and related components.

Tallysman designs, manufactures and sells a very wide range of GNSS, Iridium and Globalstar antennas and related products into a market with a broad range of vertical applications that include precision reference systems, survey, timing, precision agriculture, unmanned and autonomous vehicles, marine and many more.   The company also produces cloud based wireless tracking systems over two-way radio systems and 4G category M cellular systems, for applications ranging from school buses to municipal public works.

Tallysman has substantially invested in R&D to produce the widest range of GNSS antenna available, and that includes several antenna types that lay claim to being among the most accurate GNSS antennas in world.  The company is widely recognized as a technology leader and is the supplier of high precision antennas to a number of leading precision GNNS systems providers.

“Calian welcomes Tallysman to our team. The Tallysman product line and services add a complementary component to our ground-based satellite communications business.  It expands Calian’s reach in the satcom industry to markets requiring smaller antenna used in end-user devices that need a different range of fidelities.” said Patrick Thera, President, Advanced Technologies, Calian. “GNSS is one of the fastest growing markets for satellite ground systems and we are excited to join forces with a leader in this field.”

“We are extremely pleased to join the Calian team.” said Gyles Panther President and CTO, Tallysman. “we look forward to continuing, profitable growth of our core GNSS businesses with market leading products that we sell to a broad customer base.  As a member of the Calian family we also look forward to leveraging additional resources, new technologies and markets deriving from Calian’s deep expertise in satellite communications”

The definitive agreement is valued at up $24.5 million. Amount paid on closing is $15.7 million (net of cash received) and contains two earnout periods of $4M and $4.8M based on the achievement of a certain level of EBITDA performance over the next 30 months. Tallysman’s results will be consolidated and reported with Calian’s Advance Technology segment.

“Tallysman has shown consistent profitable revenue growth as they have expanded their network across the globe” said Patrick Houston. “With a growing product portfolio of class leading precision and custom GNSS antenna’s, they are poised to maintain their growth momentum as part of Calian.”

“This important acquisition supports both customer diversification and service line innovation, two key pillars within our four-pillar growth strategy,” stated Kevin Ford, President and Chief Executive Officer, Calian. “The Tallysman acquisition demonstrates Calian continued our focus on innovation and growth.  The wide range of products and applications Tallysman brings to Calian expands our product line and entry into new markets.  We are excited with the opportunity to support innovation in exciting growth industries such as autonomous vehicles, precision agriculture and wearables.  We could not be more pleased to welcome Tallysman to the Calian team.”

Sampford Advisors acted as exclusive M&A advisor to Tallysman.

About Tallysman Wireless Inc Tallysman® is a developer, manufacturer, and provider of GNSS, Iridium and Globalstar antennas and accessories in support of customers who are engaged in a broad range of satellite-based positioning, navigation, and data applications.

Based in Ottawa Canada, Tallysman is focused on high function, high performance technology and solutions. Our core competencies include digital wireless networks, RF and Global Navigation Satellite Systems (GNSS) component design.

Tallysman is known for its Accutenna® and VeraPhase® technology, as well as its recently introduced VeroStarTM and Helical innovations. These technologies have been shown to provide the highest performance antennas (low axial ratios, high multi-path signal rejection, tight PCV) in their size and weight, at economical price points. Tallysman’s antennas are the antennas of choice for a wide variety of applications.

About Calian Advanced Technologies Calian Advanced Technologies solutions include satellite gateways and infrastructure for RF communications, telemetry, tracking and control systems, space science and earth observation. Calian also provides leading-edge communication products for terrestrial and satellite networks. In addition, we enable our commercial and defence customers to deliver reliable, high-quality products and systems by providing them with superior electronics engineering, manufacturing and test services. One of our key markets is satellite RF ground systems solutions for customers that have complex technical requirements. Our customers are leaders in their industries providing systems tailored to meet their demanding requirements, with practical solutions, delivered on time and on budget.

About Calian Calian employs over 3,400 people in its delivery of diverse products and solutions for private sector, government and defence customers in North American and global markets. The Company’s diverse capabilities are delivered through four segments: Advanced Technologies, Health, Learning and Information Technology. The Advanced Technologies segment provides innovative products, technologies and manufacturing services and solutions for the space, communications, defence, nuclear, government and agriculture sectors. The Health segment manages a network of more than 1,800 health care professionals delivering primary care and occupational health services to public and private sector clients across Canada. Learning is a trusted provider of emergency management, consulting and specialized training services and solutions for the Canadian Armed Forces and clients in the defence, health, energy and other sectors. The Information Technology segment supports public- and private-sector customer requirements for subject matter expertise in the delivery of complex IT and cyber security solutions. Headquartered in Ottawa, the Company’s offices and projects span Canada and international markets.

For further information, please visit our website at www.calian.com, or contact us at [email protected]

Kevin Ford   Patrick Houston     Media inquiries:
President and Chief Executive Officer    Chief Financial Officer    613-599-8600 x 2298
613-599-8600   613-599-8600    

—————————————————————————– DISCLAIMER

Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Such statements are generally accompanied by words such as “intend”, “anticipate”, “believe”, “estimate”, “expect” or similar statements. Factors which could cause results or events to differ from current expectations include, among other things: the impact of price competition; scarce number of qualified professionals; the impact of rapid technological and market change; loss of business or credit risk with major customers; technical risks on fixed price projects; general industry and market conditions and growth rates; international growth and global economic conditions, and including currency exchange rate fluctuations; and the impact of consolidations in the business services industry. For additional information with respect to certain of these and other factors, please see the Company’s most recent annual report and other reports filed by Calian with the Ontario Securities Commission. Calian disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No assurance can be given that actual results, performance or achievement expressed in, or implied by, forward-looking statements within this disclosure will occur, or if they do, that any benefits may be derived from them.

Calian · Head Office · 770 Palladium Drive · Ottawa · Ontario · Canada · K2V 1C8 Tel: 613.599.8600 · Fax: 613-592-3664· General Info email: [email protected]

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The Trade Desk Appoints Benson Ho as Senior Vice President, North Asia

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SHANGHAI, CHINA – Media OutReach – 22 January 2021 – Global advertising technology leader, The Trade Desk, today announced the appointment of Benson Ho as Senior Vice President of North Asia. In this role, Ho will lead the company’s business and growth strategy in the North Asia region, covering Greater China, South Korea and Japan. Ho will report to Tim Sims, Chief Revenue Officer.

 

 

 

Ho brings vast leadership experience in the Asian media industry, most recently as Chief Data Strategy Officer at Tencent Marketing Solution, an important early inventory partner of The Trade Desk in China. Prior to that, he served as Amnet’s chief consultant and programmatic expert to Dentsu Aegis Network. He has also served in senior leadership positions at Sizmek, GroupM and Digitas.

 

“One of The Trade Desk’s biggest priorities is Asia, and with Benson joining our team, we’re confident he will help accelerate our growth strategy in the region,” said Tim Sims, Chief Revenue Officer, The Trade Desk. “Benson brings experience and expertise of data-driven advertising, as well as his invaluable relationships with key partners and advertisers, that are specific and unique to the Asian market. I look forward to partnering with Benson as we execute our next phase of growth in the region.”

 

“I am delighted to join The Trade Desk and build on the success the company has had in North Asia,” said Ho. “The advertising industry is at a turning point right now, and there’s enormous opportunity for brands to leverage global best practices and connect with consumers in new ways. It’s very exciting to be a part of the team that’s delivering a unique solution and expertise to global advertisers in the region.”

About The Trade Desk

The Trade Desk™ is a technology company that empowers buyers of advertising. Through its self-service, cloud-based platform, ad buyers can create, manage, and optimize digital advertising campaigns across ad formats and devices. Integrations with major data, inventory, and publisher partners ensure maximum reach and decisioning capabilities, and enterprise APIs enable custom development on top of the platform. Headquartered in Ventura, CA, The Trade Desk has offices across North America, Europe, and Asia Pacific. To learn more, visit thetradedesk.com or follow us on Facebook, Twitter, and LinkedIn. 

 

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Innovation Through Adversity The Hong Kong Tutor Association Launches Online Electronic Payment System and Wins the Fintech Awards 2020

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HONG
KONG SAR – Media OutReach – 25
January 2021 – HKTA Hong Kong Tutor
Association Ltd
launched online electronic payment systems including TA
e-wallet, Loyalty Member Reward Points program, and e-gateway payment access
system, these newly launched programs are awarded the Fintech Awards 2020 by
etnet.com.cn. This is also the industry’s affirmation that HKTA Hong Kong Tutor
Association Ltd will rise to the challenge during the pandemic1.

 

In the past year, the education industry in
Hong Kong had a cold winter due to the COVID-19 pandemic. According to the unemployment rate
reached 6.3%2 according to the Census and Statistics Department
HKSAR. Many part-time tutors were unemployed since the beginning of the
semster. According to some private tutorial school owners, they are still
watching the economy and changed some full-time tutors to part-time mode3.

 

Facing
the new norm of social distancing, students cannot attend classes, parents are
inconvenient to go to the bank, and tutors cannot teach in person, HKTA Hong Kong Tutor Association Ltd swam upstream during the pandemic and
increase investment in company’s IT system. HKTA Hong Kong Tutor Association
Ltd use the most advanced artificial intelligence technology to enhance the
company’s comprehensive competitiveness. The IT department developed a
cross-platform video tutoring system, AI matching background enhancement
technology and online electronic payment system. With these great innovations,
HKTA Hong Kong Tutor Association Ltd helped to reduce physical contact, and
parents no longer need to queue up at banks or ATMs. Besides, logging in to the
HKTA website or mobile app can easily complete the one-stop service of tutoring
with online interacting video system, 
and contactless e-wallet settlement. In addition, tutors from all over
Hong Kong can easily go to HKTA’s online video platform to interact or check
homework with students at home. The combination of real person matching and AI
system can match students with the most suitable teacher in an efficient and
accurate way. HKTA Hong Kong Tutor Association Ltd provides the most efficient
and focused tutoring matching services in the market for 80,000 active students
and 120,000 registered tutors4.

HKTA Website:https://www.hkta.edu.hk/

HKTA Mobile Apps:https://www.hkta.edu.hk/download/

 

 

Reference:

[1] http://fintech.etnet.com.hk/2020/index.php

[2] https://www.news.gov.hk/chi/2020/12/20201217/20201217_164302_775.html

[3] 《教育界就業不足率雖跌但生意仍跌3成,補習社改視像教學轉兼職撐住》https://sme.hket.com/article/2781949/%E3%80%90%E9%A6%99%E6%B8%AF%E5%A4%B1%E6%A5%AD%E7%8E%87%E3%80%91%E6%95%99%E8%82%B2%E7%95%8C%E5%B0%B1%E6%A5%AD%E4%B8%8D%E8%B6%B3%E7%8E%87%E9%9B%96%E8%B7%8C%E4%BD%86%E7%94%9F%E6%84%8F%E4%BB%8D%E8%B7%8C%203%20%E6%88%90%E3%80%80%E8%A3%9C%E7%BF%92%E7%A4%BE%E6%94%B9%E8%A6%96%E5%83%8F%E6%95%99%E5%AD%B8%E8%BD%89%E5%85%BC%E8%81%B7%E6%92%90%E4%BD%8F

[4] https://www.hkta.edu.hk/

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DHL Express recognized as Global Express Provider of the Year

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DHL Express Asia Pacific wins industry award for the fifth time at Payload Asia Awards 2020

 

SINGAPORE – Media OutReach – 25 January
2021 – DHL Express, the world’s leading international express service
provider, has been awarded the Global Express Provider of the Year at the 7th
Payload Asia Awards. This is the fifth time that DHL Express has won the award,
which recognizes excellence among air cargo companies and the positive impact
it has made on the logistics industry.

DHL Express recognized as Global Express Provider of the Year for the fifth time at Payload Asia Awards 2020.

“The
award speaks volumes about the trust and quality that DHL Express has built
with our customers over the decades. Despite the challenging period, we are
proud to have been able to help keep our customers’ businesses running, and to
play an important role in the delivery of vaccines throughout the globe,” said
Ken Lee, CEO of DHL Express Asia Pacific. “We have bolstered our network and
infrastructure in the region to support our customers’ growing business needs
in global trade and the ever-growing demands from e-commerce. DHL Express’
global e-commerce volume grew by more than 40 percent in Q4 2020, and our
ongoing investments will continue to enhance our extensive operational network
and underscore our commitment to providing high quality service to customers.”

In
November, DHL Express announced that it is investing circa EUR
690 million
between 2020 and 2022 to build or expand its facilities in key
growth markets of Australia, Japan, Hong Kong S.A.R. and South Korea. Equally,
it intends to spend close to EUR 60 million to bolster its Asia Pacific air
network such as introducing direct, new (e.g. Vientiane, Yangon), and frequent flight
routes (e.g. within Oceania).
The expanded infrastructure and new flight routes across Asia Pacific will help
the company tackle the unprecedented growth in shipment volume and address the
ever-growing demand for time-definite express deliveries.

Last
week, DHL Express also announced that it has placed an order for eight
additional new Boeing 777 freighters
. The investment marks a further step in
DHL Express’ expansion of its intercontinental air network to meet customer
demand in fast growing international express shipping markets. First deliveries
of the new aircraft are scheduled for 2022.

Now
in its seventh year, the Payload Asia Awards recognizes the best companies in
the air cargo market, notably, putting the spotlight on services that benefit
the rising e-commerce market. This year’s awards comprises 15 categories judged
by an esteemed panel of judges, and winners are selected based on a set of
criteria evaluating the strength of customer service, business growth,
operational performance, development strategy as well as customer and product
innovation.

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 380,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.


DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 63 billion euros in 2019. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. Deutsche Post DHL Group aims to achieve zero-emissions logistics by 2050.

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