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MANILA, PHILIPPINES - Media OutReach Newswire – 21 January 2026 - The Jollibee Group has formally inaugurated its newest – and its largest commissary in Visayas and Mindanao province - in Danao City, on January 8, 2026, a state-of-the-art facility designed to power the company's expanding manufacturing and logistics footprint across the rapidly growing VisMin region and the wider Philippines. Jollibee Group officially inaugurates its largest, state-of-the-art commissary in Cebu, Philippines, strengthening its Visayas and Mindanao operations, supporting multiple brands, creating jobs, and advancing sustainable growth across the country. The inauguration was attended by national and local government leaders, including Cristina Roque, Secretary of the Department of Trade and Industry; Pamela Baricuatro, Governor of Cebu Province; Ace Durano, Cebu Provincial Administrator; Nito Durano, Mayor of Danao City; and Carmen Durano, Vice Mayor of Danao City. Milestone Facility for a High-Growth Region The Danao facility is the fourth—and largest—Jollibee Group commissary in Cebu and its first multi-brand, state-of-the-art commissary in the Philippines. It comes at a time of accelerating economic momentum in VisMin, driven by a strong tourism rebound, the rise of BPO hubs, expanding agribusiness exports, and growing manufacturing clusters—factors that continue to drive employment, consumer spending, and demand across the region. Outfitted with advanced automation and integrated systems, the commissary is designed to support increasing demand across multiple Jollibee Group brands while generating efficiencies by consolidating equipment and production capabilities. This allows the Group to scale responsibly while upholding its standards for food quality, consistency, and operational excellence. Supporting Brand Expansion and Same-Store Growth The Danao Commissary supplies key ingredients and products for the Group's major brands, including Jollibee, Chowking, Mang Inasal, Greenwich, Red Ribbon, and Burger King. These brands continue to expand their store networks in VisMin while sustaining same-store sales growth. The facility strengthens the Group's supply chain by supporting distribution centers serving Cebu, Iloilo, Bacolod, Zamboanga, Cagayan de Oro, and Davao, as well as select areas in Luzon—ensuring reliability and scalability as the company accelerates its nationwide expansion. Economic Impact Speaking during the program, Department of Trade and Industry (DTI) Secretary Cristina Roque highlighted the broader economic impact of the investment. "Every new commissary that the Jollibee Group opens represents more jobs, more security, and more growth for our local industries," Roque said. "As we open more commissaries, we are also encouraging more investments in our country while strengthening our supply chain." Speaking at the inauguration, Joseph Tanbuntiong, Chief Executive Officer of Jollibee Group Philippines and Global Head of Jollibee Brand, underscored the strategic importance of the new facility to both the company's domestic and global growth. "The opening of the Danao Commissary is both a reflection of our journey and a new beginning," Tanbuntiong said. "Accelerating our growth by building on the strong momentum in Visayas and Mindanao is critical to our Philippine business." The investment also highlights the Jollibee Group's confidence in Cebu as a strategic hub for manufacturing and logistics. "This commissary underscores our confidence in Cebu—its people, its capability, and its role in our growth today and in the long term," he added. Community Impact and Sustainability Beyond strengthening operational capacity, the Danao Commissary is expected to deliver shared value for local communities, generating close to 500 jobs, with over 60% of the workforce coming from Danao City. At full capacity, the commissary will create 800 jobs. Sustainability features were integrated into the facility's design and operations in line with the Jollibee Group's Joy for Tomorrow agenda. From Day 1 of commercial operation, the Danao Commissary operates on 99% renewable electricity from geothermal sources. It is also equipped with roof-mounted solar panels, rainwater-harvesting systems, energy-efficient equipment, and wastewater treatment systems—supporting responsible, future-ready growth. Tanbuntiong said the inauguration marks the beginning of a shared journey among stakeholders involved in the project. "The success of the Danao Commissary is a shared success—for Danao, for Cebu, and for the nation. Together, we are building a stronger, more inclusive, and more sustainable future." Hashtag: #JollibeeThe issuer is solely responsible for the content of this announcement.About Jollibee Group Jollibee Foods Corporation (PSE: JFC) (the "Company") is one of the world's fastest-growing restaurant companies, driven by its purpose of spreading joy through superior taste. It manages and operates a portfolio that includes 19 brands (the "Jollibee Group") with over 10,000 stores and cafés across 33 countries. The Jollibee Group's portfolio includes nine (9) wholly-owned brands (Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, Yonghe King, Hong Zhuang Yuan, Smashburger and Tim Ho Wan), five (5) franchised brands (Burger King, Panda Express, Yoshinoya, Common Man Coffee Roasters, and Tiong Bahru Bakery in the Philippines), and ownership stakes in other key brands like The Coffee Bean and Tea Leaf (80%), Compose Coffee (70%), SuperFoods Group that operates Highlands Coffee (60%), and bubble tea brand Milksha (51%). The Company also has membership interests in Tortazo, LLC, along with Chef Rick Bayless, for Tortazo in the U.S. and in Botrista, a leader in beverage technology. The Jollibee Group's global sustainability agenda, Joy for Tomorrow, underscores its commitment to sustainable business practices across food safety, employee welfare, community support, good governance, and environmental responsibility, among others. These focus areas are aligned with the United Nations Sustainable Development Goals (UN SDGs). The Company has been recognized as the Philippines' Most Admired Company by the Asian Wall Street Journal, named one of Asia's Fab 50 Companies, and listed among Forbes' World's Best Employers and Top Female-Friendly Companies. The Company is also a four-time Gallup Exceptional Workplace Award recipient and featured in TIME's World's Best Companies and Fortune's Southeast Asia 500 List. To learn more about Jollibee Group, visit www.jollibeegroup.com
Led by WestCap, the Series D Round Values the Company at $1.2 Billion and Marks the Next Chapter for Personalized, High-Quality Learning at Scale NEW YORK, Jan. 21, 2026 /PRNewswire/ -- Preply, the #1 global language learning marketplace, today announced the closing of its Series D round, securing $150 million in funding led by WestCap, a strategic operating and investing firm with over $6 billion in assets under management. Goldman Sachs International acted as sole placement agent in the transaction. The latest funding round values the company at $1.2 billion, marking a significant milestone in Preply's mission to make transformative learning experiences accessible to people around the world. A pioneer in online language learning, Preply's platform connects more than 100,000 tutors with learners in 180 countries, facilitating one-on-one lessons in more than 90 languages. Powered by a unique combination of human-led instruction, paired with its AI-supported tutoring co-pilot suite, Preply is redefining how people learn through high-quality, flexible and tailored learning experiences designed to drive real progress with every lesson. Preply's Series D fundraise comes at a time when an estimated 1.8 billion people, or roughly one in every four people worldwide, are actively striving to achieve proficiency in a second language, according to global education data platform HolonIQ. It's estimated that the global direct-to-consumer language learning market will reach $227 billion by 2035, and has already delivered 3X growth over the last five years, with long-term forecasts indicating sustained, exponential growth in years to come. Since its Series C raise, Preply has more than tripled its number of bookable tutors and expanded its offering by adding over 40 new languages to the platform. In the last twelve months the company continued improving EBITDA and became EBITDA positive. With this capital, and the support of new and existing investors, including The European Bank for Reconstruction and Development (EBRD) and Horizon Capital, among others, Preply will strengthen its commitment to delivering the world's most personalized learning experiences at scale. The company plans to advance its AI and data capabilities, expand its product and engineering teams to enhance the platform experience, and accelerate its global growth to reach more learners and tutors across the globe as it reshapes the traditional education system. The WestCap team, with its strong track record of building and scaling global marketplaces such as Airbnb and StubHub, will help Preply further deepen its impact worldwide. "We feel extremely fortunate and deeply responsible for shaping how people will learn in the future," says Preply co-founder and CEO Kirill Bigai. "Today, we connect people with the world's best tutors, amplified by AI, bringing learning efficiency to a level that was previously unreachable. We are happy to partner with the WestCap team, who has deep expertise in helping founders to build legendary world-changing brands. This investment will help us to continue to innovate at the intersection of human tutoring and AI, creating opportunities everywhere for people to connect, belong, succeed, and ultimately to progress in their lives no matter where they are in the world." As other learning platforms increasingly turn to automation, Preply remains committed to the power of human connection, using AI to enable and enhance tutor-driven learning and support its tutoring co-pilot suite. In fact, Preply's 2025 Efficiency Study, conducted in partnership with the nonprofit research organization LeanLab Education, revealed that 96% of learners consider learning with a human tutor and engaging in real conversations as essential to their progress, while 97% said these interactions were key to boosting their confidence. The study also found that learners progressed up to 3x faster with Preply when compared to average benchmarks, with one in three learners moving up a full CEFR level in just 12 weeks. This indicates that human guidance remains a powerful driver of meaningful learning, and can be supercharged when paired with AI, like Preply's tutoring co-pilot, which tracks progress, delivers actionable insights, and automates administrative tasks, enabling tutors to focus on teaching and learners to more quickly reach their goals. "Preply is setting a new standard for personalized education at scale, and the opportunities are virtually limitless," says Allen Mask, Partner at WestCap and former senior executive at Airbnb, who is joining the Preply board. "Data shows that learners thrive when real human instruction is supported by technology, and in today's increasingly connected world, there is a real demand for democratizing access to high-quality learning in a modern and effective way. Preply has the market-leading product, the experienced leadership team, and the vision to shape how people communicate globally." This latest round brings Preply's total funding to approximately $299 million to-date, underscoring long-term investor confidence in the company's mission and growth trajectory. With continued momentum across its global marketplace, Preply is well positioned to expand its impact, build on its proven learning outcomes, and further establish itself as the category leader in human-led, AI-enabled learning. For more information, visit Preply.com. ABOUT PREPLYPreply is the human-led, AI-enabled language learning platform building the future of learning. With a global network of more than 100,000 tutors teaching over 90 languages, we are the category leader and the largest online marketplace that brings human tutors together with learners from 180 countries, supporting them with always-on, AI-powered tools to deliver real progress with every lesson. Our mission is to create life-changing learning experiences by powering real progress through personalized learning, motivation, and high-quality tutoring at scale. We believe that we are uniquely positioned to become the company that understands human learning better than anyone else on the planet. ABOUT WESTCAPWestCap is a strategic operating and investing firm that partners with visionary leaders to build generational businesses. Our team is comprised of seasoned industry leaders and entrepreneurs who guide companies through the most pivotal stages of growth. Some of our notable investments include Airbnb, StubHub, Klarna, Ipreo, Addepar, Hopper, iCapital and GoodLeap. The firm has offices in New York, San Francisco and London. For more information, please visit www.westcap.com. CONTACTLauren DoyleGlobal PR & Communications, PreplyLauren.Doyle@preply.com
A call to action for leaders to prioritise connectivity, says new Global Business Connectivity Outlook Report SYDNEY, Jan. 21, 2026 /PRNewswire/ -- Expanding regionally and beyond is a growing priority for businesses across Asia. Yet with increasing investment in AI, leaders are blindsided when it comes to seamless connectivity across the region, says inaugural Global Business Connectivity Outlook Report launched recently. The 2025-26 report by global Managed Services Provider (MSP), Coevolve, canvasses the views of leaders regarding their business outlook and technology strategies. The report revealed a striking paradox: while expansion is high on the business agenda - with over 70% of leaders planning to expand outside of their local region in 2026 – connectivity, the backbone of regional and global operations, isn't getting the investment or attention it deserves. Further, for more than 1 in 2 leaders, new markets are driving their expansion plans, followed by new products (24%), and personnel requirements (10%). For business leaders in Asia, expansion doesn't come without its challenges. The report revealed that leaders are most concerned by the growing complexities of compliance (18%), technology (17%), and security (17%). At the heart of these challenges lies connectivity, and while almost three-quarters of leaders interviewed (70%) report that enhancing connectivity is essential, it is rarely spoken about at the board level, with AI, automation, and cyber resilience tending to dominate the conversation. The report also found that AI is dominating business technology investment. When asked about their tech priorities to enhance connectivity, 1 in 3 leaders in the region said that they are investing in AI, followed by cloud (24%), and network architecture (19%). Further, when it comes to the spending itself, AI makes up close to half of spending (45%), followed by Cloud (33%), with only 8% directed towards network architecture. Ciaran Roche, Coevolve CTO and Co-Founder, says, "It's staggering to see just how much network connectivity and security are being sidelined in favour of AI hype, leaving businesses in Asia exposed to risk, disruption, and digital fragility. At a time of increased regulatory pressures and issues with data governance, it is concerning that AI is nearly absorbing half of the technology budgets for Asian businesses – yet the foundational infrastructure that enables it is being neglected. You can't scale and grow across Asia on a broken foundation." Tim Sullivan, Coevolve CEO and Co-Founder, added, "It isn't a surprise that so many businesses are expanding within the Asian region and beyond; growth across the region makes sense from a strategic perspective. However, the emerging AI paradox among leaders is surprising. Companies are investing heavily in AI, yet we still haven't seen the full impact of AI on telecommunication networks and traffic flows across Asia. To help leaders overcome data and compliance complexities across Asia and other diverse geographies, connectivity truly needs to be on the agenda." The inaugural Global Business Connectivity Outlook Report canvasses the views of more than 50 global business leaders, drawing on in-depth interviews. The report serves as an independent pulse-check of the global business connectivity outlook for enterprises worldwide, including Asia. About Coevolve (https://www.coevolve.com/) Coevolve is a leading global Managed Services Provider partnering with some of the world's most complex enterprises in key sectors, including professional services and manufacturing. With over a decade of experience supplying co-managed solutions and proprietary Smart Services, Coevolve delivers measurable business value relevant to its clients, improving access to key business applications at scale and with peace of mind. CONTACT: Gemma ManningGemma@manningandcogroup.com
BARCELONA, SPAIN - Media OutReach Newswire - 21 January 2026 - The 450 MHz spectrum is becoming a key driver in smart grids due to its unique advantages. Once seen as a traditional frequency band, it has seen revitalization for industrial digitalization. At HUAWEI CONNECT 2025, Jason Li, President of Global Marketing & Solutions from Huawei's Electric Power Digitalization Business Unit, gave a statement. "In the power industry, there are three key trends on the distribution side. Firstly, a massive amount of new energy will be integrated into the grid. Taking China as an example, by 2030, the installed capacity of distributed PV will reach approximately 1,000 GW. Secondly, the adoption of electric vehicles (EVs) is expected to grow rapidly, with around 110 million EVs and approximately 55 million charging piles projected by 2030. This poses significant challenges for power distribution. Thirdly, digitalization is accelerating. AI has gone from a 'nice-to-have' to a 'must-have.' Power systems cannot achieve effective protection, automation, or digitization without high-quality data and reliable communication. In medium-voltage grids, we rely on private wireless networks to achieve reliable backhaul and support endpoint control. I believe 450 MHz is the optimal solution. As the lowest band within 3GPP standards, it offers wide coverage, supports vast amounts of connections, and provides highly reliable network performance, all at a low cost. Moreover, it benefits from a mature ecosystem. This makes it perhaps the best solution for power companies undergoing digital transformation." At Mobile World Congress 2026 in Barcelona, Huawei will showcase more success stories in private wireless networks and 450 MHz applications, along with innovative solutions for intelligent power distribution, substations, and power plant inspections. To explore successful digital transformation in the power sector, visit the Huawei booth at stand 1H50, Fira Gran Via Hall 1. For more information, please visit https://e.huawei.com/en/industries/grid. Hashtag: #Huawei #intelligentdistribution #electric #grid #powersystem #powerwirelessThe issuer is solely responsible for the content of this announcement.
【台北訊，2026 年 1 月 21 日】在全球製造業加速邁向數位化與永續轉型之際，企業不僅面臨生產效率與成本壓力，也需同步回應能源管理、資安風險與安全治理等多重挑戰。全球工業自動化與數位轉型領導品牌洛克威爾自動化近期發布《2025 年永續報告書》，針對永續管理提出關鍵洞察，展現如何透過前瞻技術與創新思維，協助製造商於追求生產力的同時發展長遠競爭力。 洛克威爾自動化董事長暨首席執行官 Blake Moret 表示：「洛克威爾自動化兼具製造商與全球工業信任夥伴的雙重角色，憑藉獨特產業優勢，以創新與永續策略引領營運轉型。我們透過前瞻技術協助製造商降低能耗、減少廢棄物與碳排放，並提升生產力與品質，從智慧機械、數位分身到先進運動控制與資安防禦，皆賦能製造商在確保效能表現的前提下實現永續發展目標。」 自評估到加速，3A 框架驅動永續行動落地 洛克威爾自動化持續基於 3A（Assess – Advance – Accelerate）框架推動永續發展： 評估（Assess）：洛克威爾自動化重視將數據轉化為可執行的洞察，作為建構永續轉型藍圖的關鍵基礎。透過整合多方數據與前瞻技術，製造商得以將碳排放、廢棄物等納入工業資產的生命週期管理，推動永續指標的量化評估與追蹤，進而預視潛在成本與對營運的影響。 進程（Advance）：結合分散式控制系統、模型預測控制技術與能源管理系統等解決方案，將洞察進一步導入營運層級，驅動流程優化，拉近能源監控與管理間的落差，並藉情境化能源數據監控，結合 AI 進行即時與跨廠區優化，有效降低工廠能耗。 加速（Accelerate）：透過持續優化及整合 AI、數據與創新系統，加速營運永續轉型，例如：藉變頻器簡化製程與電氣系統，以優化電力使用，使能源消耗降低高達 80%；此外，藉數位分身技術將 2D 設計升級至 3D 模擬，加速從設計到組裝的完整流程外，同時降低相關成本與資源，滿足現今市場對高度量產客製化系統的需求。 強化資安防禦，建立數位韌性與安全文化 除環境永續外，洛克威爾自動化亦強調，建立具韌性的工業環境需要積極透過 OT 生命週期策略汰換過舊的系統以降低風險，而第十版《智慧製造現狀報告》指出，製造業是勒索軟體攻擊的首要目標之一，網路資安被列為企業第二大外部障礙。對此，洛克威爾自動化致力於提升製造商資安韌性與合規標準，透過結合 OT 原生的軟體平台賦予漏洞識別、可擴充的防禦措施以及快速偵測、回應與復原的能力，有效限制資料外洩的影響；此外，洛克威爾自動化亦專注網路成熟度發展，強化內部安全基礎設施與先進資安工具能力，實踐以人為中心的安全文化。 以安全為核心戰略，賦予企業長期成長動能 於安全治理層面，洛克威爾自動化專注於人機協作安全。以台灣輪胎成型機設計及製造品牌三貿機械為例，首先透過 OEM 產業顧問服務，協助廠區評估並配置精準安全防護措施，並結合數位技術及雙核心控制系統，能即時識別異常並自動停機，同時減少 20% 非預期停機時間，打造兼具安全性與高效率的產線環境，展現工安與數位轉型並行下，賦能企業於轉型浪潮中持續成長。 欲了解更多《2025 年永續報告書》內容，請點此取得完整報告。(https://www.rockwellautomation.com/zh-tw/sustainability/report.html) 關於洛克威爾自動化 洛克威爾自動化公司（NYSE:ROK）為工業自動化與數位轉型的全球領導品牌。結合想像力和科技的潛力，開創人類無限可能，打造高生產力與加倍永續化的世界。洛克威爾自動化總部位於美國威斯康辛州密爾瓦基市，旗下約有 26,000 名員工，致力服務遍布超過 100 國的客戶（統計截至 2025 財年）。如欲暸解更多我們如何在各工業企業中實現企業聯網（The Connected Enterprise）的相關資訊，請造訪 www.rockwellautomation.com/zh-tw.html。
Insilico Medicine and Hygtia Therapeutics, an incubatee of Shenzhen Pengfu Fund of Fosun Health Capital and Fosun Pharma, have entered into an exclusive license and co-development collaboration to advance ISM8969 worldwide. Under the agreement, both parties hold 50% worldwide rights, and Insilico is eligible to receive up to USD 66 million in upfront and milestone payments. Insilico will lead the IND submission and Phase 1 clinical trial of ISM8969, after which Hygtia Therapeutics will take responsibility for further clinical development, regulatory filings, and commercialization. ISM8969, an orally available, brain penetrant NLRP3 inhibitor discovered using Insilico's generative AI platform Chemistry42, has demonstrated strong efficacy, favorable safety, and robust blood-brain barrier (BBB) penetration in preclinical studies. CAMBRIDGE, Mass., Jan. 21, 2026 /PRNewswire/ -- Insilico Medicine ("Insilico", HKEX: 3696), a clinical-stage biotechnology company powered by generative artificial intelligence (AI), and Hygtia Therapeutics Co., Ltd., (Hygtia Therapeutics), today announced a co-development collaboration agreement for Insilico's ISM8969 program. Through the partnership, the two parties aim to accelerate the global advancement of ISM8969—an orally available, brain penetrant NLRP3 inhibitor for Central Nervous System (CNS) disorders. Under the terms of the agreement, Insilico grants Hygtia Therapeutics 50% worldwide rights to research, develop, register, manufacture, and commercialize ISM8969. In return, Insilico is eligible to receive upfront and milestone payments totaling up to USD$66 million, including an initial upfront payment of USD$10 million expected within 30 days of the agreement's effective date. Reflecting the joint commitment to the program's success, Insilico will lead the initial clinical development, including IND submission and execution of the Phase 1 clinical trial for the Parkinson's disease indication. Hygtia Therapeutics will assume leadership of subsequent global clinical studies, regulatory submissions, and commercialization activities. The NLRP3 inflammasome is a critical component of the innate immune system. Its aberrant activation is increasingly recognized as a key driver of neuroinflammation, contributing to the pathology of multiple neurodegenerative diseases, including Parkinson's disease (PD) and Alzheimer's disease (AD). While NLRP3 inhibition holds significant therapeutic promise, there are currently no approved therapies that directly and specifically target NLRP3, accentuating the strategic need for in-depth R&D advancement in this area. ISM8969, a potential best-in-class NLRP3 inhibitor, was discovered and optimized using Chemistry42, Insilico's proprietary generative chemistry engine. Preclinical data has demonstrated the molecule's robust efficacy, favorable safety profile and marked anti-inflammatory activity in various disease models. Importantly, ISM8969 achieves desirable blood–brain barrier (BBB) penetration, a critical advantage that enables it to cross the natural protective barrier between the central nervous system and the bloodstream, and holds great promise for treating neuroinflammation-related diseases. Based on promising preclinical data, Insilico nominated ISM8969 as the preclinical candidate and has conducted extensive evaluations of the molecule across multiple neurological disease models. "Targeting neuroinflammation via NLRP3 represents a scientifically sound and high-potential approach to treating neurodegenerative and age-related diseases," said Ren Feng, PhD, co-CEO and Chief Scientific Officer of Insilico Medicine. "However, developing a safe molecule with good blood-brain barrier penetration remains a formidable obstacle for drug developers. Through our generative AI platform, we have designed a molecule specifically engineered to overcome this barrier. We are pleased to partner with Hygtia Therapeutics, We believe that through our combined efforts, we can accelerate its clinical progress to address significant unmet medical needs." Hygtia Therapeutics stated: "We are delighted to enter this strategic collaboration with Insilico Medicine, which marks a pivotal step in our global strategy.This partnership aligns with our strategy to expand our innovative neuroscience pipeline through high-quality assets.This BBB-penetrating NLRP3 inhibitor directly reflects our commitment to creating globally competitive innovations. We will advance its development through a collaborative alliance, uniting our strengths to deliver better therapeutic solutions worldwide." About Insilico Medicine Insilico Medicine is a pioneering global biotechnology company dedicated to integrating artificial intelligence and automation technologies to accelerate drug discovery, drive innovation in the life sciences, and extend health longevity to people on the planet. The company was listed on the Main Board of the Hong Kong Stock Exchange on December 30, 2025, under the stock code 03696.HK. By integrating AI and automation technologies and deep in-house drug discovery capabilities, Insilico is delivering innovative drug solutions for unmet needs including fibrosis, oncology, immunology, pain, and obesity and metabolic disorders. Additionally, Insilico extends the reach of Pharma.AI across diverse industries, such as advanced materials, agriculture, nutritional products and veterinary medicine. For more information, please visit www.insilico.com. About Hygtia Therapeutics Hygtia Therapeutics, an innovative biotechnology company incubated by the Shenzhen Pengfu Fund of Fosun Health Capital and Fosun Pharma, was founded in August 2025 with a focus on autoimmune diseases and related areas. The company is committed to a global product strategy, introducing and developing pipelines with "best-in-class" potential worldwide. Through efficient and effective R&D capabilities, it aims to provide patients with breakthrough treatment options. Forward-Looking Statements: This press release contains forward-looking statements relating to the likely future developments in the business of the Company and its subsidiaries, such as expected future events, business prospects or financial performance. The words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends", "visions", "schedule" and similar expressions are intended to identify such forward-looking statements. These statements are based on assumptions and analyses made by the Company at the time of this press release in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that the Company currently believes are appropriate under the circumstances. However, whether actual results and developments will meet the current expectations and predictions of the Company is uncertain. Actual results, performance and financial condition may differ materially from the Company's expectations. All of the forward-looking statements made in this press release are qualified by these statements. Consequently, the inclusion of forward-looking statements in this press release should not be regarded as representations by the Board or the Company that the plans and objectives will be achieved, and investors should not place undue reliance on such statements. The Company, its Board, the employees and the agents of the Company assume (a) no obligation to correct or update the forward-looking statements contained in this press release; and (b) no liability for any losses in the event that any of the forward-looking statements do not materialise or turn out to be incorrect.
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