Online Learning Market Size is Projected to Grow CAGR 10.85% by 2025 – Valuates Reports

BANGALORE, India, Aug. 10, 2020 /PRNewswire/ — Online learning has seen exponential development as the Internet and education merge to allow new capabilities to be developed. Since the COVID-19 outbreak online learning has become more important in people’s lives. The pandemic pushed colleges, universities, and companies to operate remotely, and this increased the use of online learning, thereby causing a rapid increase in the Online Learning Market size.

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BANGALORE, India, Aug. 10, 2020 /PRNewswire/ — Online learning has seen exponential development as the Internet and education merge to allow new capabilities to be developed. Since the COVID-19 outbreak online learning has become more important in people’s lives. The pandemic pushed colleges, universities, and companies to operate remotely, and this increased the use of online learning, thereby causing a rapid increase in the Online Learning Market size.

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Online Learning Market size was valued at USD 171 Billion in 2019 and is expected to grow CAGR 10.85% by 2025

Most growth in the eLearning market is projected to come from demand in developing countries. eLearning provides access to world-class educational resources for developing country audiences that might not be available in person in their home country.

This report provides comprehensive information on the different factors influencing regional growth across North America, Europe, China, Rest of Asia Pacific, Central & South America, and Middle East & Africa.

The Online Learning Market report also includes a list of all major players on the online learning market, along with a thorough overview of the strategies that are being implemented by the companies.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-7O2141/global-online-learning

TRENDS INFLUENCING THE ONLINE LEARNING MARKET SIZE

Growing internet penetration is a major factor driving the growth of Online Learning Market size during the forecast period.

Increasing adoption of cloud-based solutions coupled with major market players investing heavily in improving the security and efficiency of cloud-based education platforms is further improving end-user adoption of the Online Learning Market.

BYOD ‘s adoption among businesses has increased demand for smartphones and laptops. Growing investments from key players in online education to offer learning management software with enhanced features are expected to increase the growth of online learning market size.

Increasing emphasis on science education in schools has led to an inclination to online courses offering bachelors, masters, and doctoral degrees in science-oriented subjects, thereby compelling the growth of the global online education sector.

Other factors leading to the growth of online education are increased productivity of animated learning, along with the versatility it brings to the table.

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ONLINE LEARNING MARKET SHARE

Based on the region, North America held the largest market share during the forecast period. This dominance of North America is attributed to the early adoption and advancements in educational technologies in the region.

Asia Pacific is expected to witness the highest growth rate during the forecast period.  This rapid growth is attributed to rising internet penetration and the growing use of mobile devices in emerging economies such as China, India, Malaysia, and South Korea.

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ONLINE LEARNING MARKET SEGMENTATION

Online Learning Market By the product type, the market is primarily split into

  • Primary and Secondary Supplemental Education
  • Test Preparation
  • Reskilling and Online Certifications
  • Higher Education
  • Language and Causal Learning.

Online Learning Market By the end users/application, this report covers the following segments

  • K 12 Students
  • College Students
  • Job Seekers
  • Working Professionals.

Key Companies

  • K12 Inc
  • Pearson
  • White Hat Management
  • Georg von Holtzbrinck GmbH & Co. K
  • Bettermarks
  • Scoyo
  • Languagenut
  • Beness Holding, Inc
  • New Oriental Education & Technology
  • XUEDA
  • AMBO
  • XRS
  • CDEL
  • Ifdoo
  • YINGDING
  • YY Inc
  • Others.

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SIMILAR REPORTS

  • E-learning Market Report

eLearning Market size was valued at USD 171 Billion in 2019 and is expected to grow CAGR 10.85% by 2025

Increased penetration of e-learning in corporate & university setups, government policies to promote e-learning in developing markets, developments in digital education & e-learning technologies, growth in the number of mobile learning apps are some of the major factors projected to increase the E-learning Market size.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-0C243/global-elearning 

  • Online Education Market Report

The global Online Education market size is projected to reach USD 153180 Million by 2026, from USD 140710 Million in 2020.

This research provides the empirical analysis of the demand outlook for Online Education, along with emerging developments and potential forecasts to assess the imminent pockets of investment. The research will also cover the impact of the COVID -19 pandemic.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-3D269/online-education 

  • Online Learning Management System Market Report

The key drivers for the growth of Online Learning Management System Market size are growing the adoption of digital learning, rising inclination towards Bringing Your Own Device ( BYOD) policy and enterprise mobility, and government initiatives to expand LMS.

Furthermore, the growing use of Artificial Intelligence (AI ) and Machine Learning (ML) in LMS increases the importance of eLearning in corporate and academic setups.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-14D2724/covid-19-impact-on-global-online-learning-management-system 

  • Online Learning Platform Market Report

This report focuses on the global Online Learning Platform market size, future forecast, growth opportunity, key market, and key players. The study objectives are to present the Online Learning Platform development in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-12U2806/global-online-learning-platform 

  • Academic E-Learning Market Report 

Academic E-learning Market size was valued at USD 103.8 Billion in 2019 and is expected to grow CAGR 11.23% by 2025.

The top companies in the Academic E-Learning Market include Pearson, Berlitz, Blackboard, Desire2Learn, EF Education First, Instructure, MPS Limited, Vipkid, Sanako Corporation, Inlingua International, 51talk, New Oriental, etc.

This study focuses on the global academic e-learning market size, future outlook, opportunities for growth, key market, and key actors. The study aims to present the growth of Academic E-Learning in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-3J253/academic-e-learning 

  • Digital Learning Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-17J2086/global-digital-learning 

  • Online K-12 Education Market Report

In 2018, the global Online K-12 Education Market size was 67300 Million USD, and it is expected to reach 449400 Million USD by the end of 2025.

In the United States, the cumulative process of primary and secondary education is known as K-12 education. Many school districts and states in the US are turning to online learning to improve K-12 Education outcomes.

In Asia, online learning is already reaching many millions of learners. Several countries are putting their entire K-12 curriculum online due to the COVID-19 outbreak. At the country level, India has the highest growth rate, followed by China and Malaysia.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-6127/global-online-k-12-education 

  • Online Higher Education Market Report

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-2L317/online-higher-education 

  • Online Language Learning Market Report

In 2018, the global Online Language Learning market size was USD 8140 Million, and it is expected to reach USD 26100 Million by the end of 2025, with a CAGR of 18.1% during 2019-2025.

China is the largest country of online language learning in the world during the forecast period. China’s market took up about 30% of the global market in 2018, while Europe was about 26%, and North America was about 16%.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-17D2489/covid-19-impact-on-global-online-language-learning 

  • LMS Market Report

View Full Report: https://reports.valuates.com/market-reports/360I-Auto-6U3/global-learning-management-system

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Precision Planting Market worth $4.6 billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, Aug. 10, 2020 /PRNewswire/ — According to the new market research report «Precision Planting Market with COVID-19 Impact Analysis by Offering (Hardware, Software, Services), System Type (High-Speed Precision Planting Systems, Precision Air Seeders, Drones), Farms Size, Drive Type (Electric, Hydraulic), Application, and Geography – Global Forecast to 2025», published by MarketsandMarkets™, the Precision Planting Market is estimated to be worth USD 3.6…

CHICAGO, Aug. 10, 2020 /PRNewswire/ — According to the new market research report «Precision Planting Market with COVID-19 Impact Analysis by Offering (Hardware, Software, Services), System Type (High-Speed Precision Planting Systems, Precision Air Seeders, Drones), Farms Size, Drive Type (Electric, Hydraulic), Application, and Geography – Global Forecast to 2025», published by MarketsandMarkets™, the Precision Planting Market is estimated to be worth USD 3.6 billion in 2020 and projected to reach USD 4.6 billion by 2025, at a CAGR of 5.1%.

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The most significant factor driving the precision planting market is the increasing focus on farm efficiency and crop productivity due to the rising global population. Precision planting has the potential to transform the agricultural sector by making traditional farming activities more efficient and predictable. The high demand for agricultural products due to population growth; increased adoption of VRT, remote sensing technology, and guidance technologies by farmers worldwide; and strong government support promoting the use of precision planting techniques are the major factors fueling the growth of the precision planting market. Several governments are providing subsidiaries and promoting the benefits of using precision planting to increase awareness regarding the benefits of this technology. The substantial cost-cutting achieved using precision planting and seeding equipment is helping farmers to improve their production levels.

Hardware to hold largest market share during forecast period

The hardware segment is expected to continue to hold the largest share of the precision planting market from 2020 to 2025. The growth of this segment is attributed to the increasing adoption of automation and control devices, such as drones/unmanned aerial vehicles (UAV), GPS devices, control systems, guidance systems, delivery systems, and display systems. In precision planters, hardware such as delivery systems, control systems, seed meters, sensors, and GPS devices play a vital role in accurate seed placement and uniform distribution of seeds. GPS-based auto-guidance technology is used in agricultural vehicles to reduce the overlapping during the field mapping process, thereby saving fuel, labor, and time, and leading to soil compaction. The increasing adoption of advanced planting and seeding equipment with new features such as VRT and guidance systems for precision planting is expected to drive the growth of the precision planting market for hardware.

High-speed precision planting systems to hold largest market share between 2020 and 2025

The high-speed precision planting systems segment is expected to hold the largest share of the precision planting market in 2020, and a similar trend is likely to continue in the coming years. High RoI and growing awareness about the benefits of using these planting systems among farmers are the primary reasons for the largest market share of this segment. Precision planters with GPS-based auto-guidance technology allow growers to reduce the overlapping of seeds during the planting process, thereby substantially saving on the input costs. High-speed precision planters are available in different row sizes, ranging from portable 2-row planters to 48-row planters, which are suitable for all types of farms, and hence, have a higher adoption rate. Integration of technologies such as guidance systems, smart metering systems, variable rate seeding systems, and sophisticated sensors in planters have made them a preferred choice among the owners of large farms.

Row crops application to account for larger share of precision planting market in 2020

The row crops application is expected to capture the largest size of the precision planting market in 2020. Precision planting equipment and systems are widely used for row crops for precise seed distribution within a row. High-speed precision planting systems are used to plant row crops majorly on large farms. Row crops mainly include corn, soybean, and canola, where the singulation of seeds influences crop yield. Such crops are sown mostly on farms sized above 400 ha, which are majorly found in the US, Canada, Argentina, Brazil, and Australia.

Farms below 400 ha to hold largest market share between 2020 and 2025

Farms smaller than 400 hectares are common in Europe, APAC, and Africa regions. There are around 80 million farms in the world sized between 100 and 400 hectares. The use of compact precision planting systems is more prevalent in such farms due to the associated benefits such as high productivity due to precise inputs of seeds, good seed-to-soil contact, ability to plant thousands of seeds per minute, and less dependency on labor. These farms are extensively adopting precision planting systems as the farmers have a considerable disposable income to invest in the technologically advanced planting devices and equipment. Precision air seeders also find high adoption in farms with a size smaller than 400 ha.

Hydraulic drive to hold largest market share between 2020 and 2025

Hydraulic drive is expected to hold a larger market size owing to its advanced features and ability to allow growers to reduce the overlapping of seeds. Currently, all advanced planters and seeders come with either an electric or a hydraulic drive. Factors that are facilitating the growth of hydraulic drive-based precision planting systems include the increasing adoption of high-speed precision planters and precision air seeders, and growing awareness about the benefits of modern precision planting systems among farmers. The rising preference for advanced planting equipment to reduce manual labor and attain cost-savings is leading to the growth of high-speed precision planting systems equipped with hydraulic drive.

Browse in-depth TOC on «Precision Planting Market«
94 – Tables
57 – Figures
199 – Pages         

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North America to hold largest share of precision planting market from 2020 to 2025

North America is expected to account for the largest share of the precision planting market in 2020 owing to the presence of a substantial number of large farms and major players such as Deere & Company (US), AGCO Corporation (US), and Topcon Positioning Systems (US) in this region. These companies have contributed to the growth of the precision planting market by launching innovative products and services, and by extensively spending on the R&D of precision planting technologies. Further, countries in this region, such as the US and Canada, are the early adopters of precision planting technologies since these countries have a large number of progressive farmers with bigger farms.

The report profiles key players such as Deere & Company (US), Trimble, Inc. (US), AGCO Corporation (US), CNH Industrial (US), Topcon Positioning Systems, Inc. (US), AG Leader Technology (US), Kinze Manufacturing, Inc. (US), Buhler Industries, Inc. (Canada), Case IH Agricultural Equipment Inc. (US), Bourgault Industries Ltd. (Canada), Seed Hawk Inc. (Canada), SeedMaster Manufacturing (Canada), Morris Industries Ltd. (Canada), Stara S/A Indústria de Implementos Agrícolas (Brazil), Kasco Manufacturing Co., Inc. (US), Davimac (Australia), The Climate Corporation (US), DroneSeed (US), Kubota Corporation (Japan), and Dendra Systems (UK).                                                                                                                             

Related Reports:

Precision Farming Market by Technology (Guidance, VRT, Remote Sensing), Application (Crop Scouting, Field Mapping, Variable Rate Application), Offering (Hardware—Sensors, GPS, Yield Monitors; Software; Services) and Geography – Global Forecast to 2025

Precision Harvesting Market by Product (Combine, Harvesting Robots, Forage Harvesters), Application (Crop, Horticulture, Greenhouse), Offering (Hardware – Sensors, GPS, Yield Monitors, Software, Services), and Geography – Global Forecast to 2023

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Conservative Congressional Candidate Conducts Massive «Sting Operation» on Leftist Run Media Companies Protecting Pedophiles

STUART, Fla., Aug. 10, 2020 /PRNewswire/ — KW Miller, the high profile conservative congressional candidate running for office in Florida’s 18th Congressional District Conducted a Massive «Sting Operation» on Leftist Run Media Companies Protecting Pedophiles.

Mr. Miller began experiencing heavy censorship of his congressional campaign accounts when he began exposing the Entertainment and Media Industry’s deep ties to pedophilia on his social…

STUART, Fla., Aug. 10, 2020 /PRNewswire/ — KW Miller, the high profile conservative congressional candidate running for office in Florida’s 18th Congressional District Conducted a Massive «Sting Operation» on Leftist Run Media Companies Protecting Pedophiles.

Mr. Miller began experiencing heavy censorship of his congressional campaign accounts when he began exposing the Entertainment and Media Industry’s deep ties to pedophilia on his social platforms.

In June, Mr. Miller’s media team decided to launch a «Sting Operation» on several of these media companies including Twitter, Facebook, Google which had been censoring Mr. Miller’s Congressional Campaign social media accounts.  The goal of the «Sting Operation» was to expose and break the censoring of his Campaign’s accounts and to expose Pedophilia and Child Sex Trafficking within the Media and Entertainment Industry.

As part of the «Sting Operation» Mr. Miller utilized his Congressional Campaign’s Twitter account to openly attacked the rampant Pedophilia in the Media and Entertainment industry by calling out numerous suspected offenders within the industry.

Mr. Miller’s account went viral, racking up over one hundred (100) million views/hits on his Congressional Twitter page within a three (3) week time period. Twitter fought back, locked the number of followers of Mr. Miller’s account at 36,000 and «openly shadow banned».

Mr. Miller’s account was being openly suppressed by Twitter the further his media team dug into the Media and Entertainment industry ties to child sex trafficking and rampant pedophilia. Many of the suspected offenders named included prominent members of Democratic Party led support to the rumors that Twitter is «Leftist Run».

The deeper Mr. Miller’s media team dug, the more these «leftist run» media companies «openly covered up» for the Pedophilia ravaged Entertainment Industry, Democratic Politicians and other high-profile individuals allegedly involved in the «Cabal».

Mr. Miller’s media team struck a nerve, a very deep nerve that goes all the way to the top leadership of the «leftist run» media companies, deep into the Democratic Party and to their dark money donors.

Mr. Miller and his media team plan to continue the investigation tying in information made public by Ghislaine Maxwell and the Jeffery Epstein records uncovered by Federal Investigators.

There are thousands of Child Sex Trafficking rings in the U.S. and Internationally.  KW Miller is committed to eradicating Child Sex Trafficking in the United States and working with other global authorities to stop these despicable and depraved acts.

KW Miller Congressional Committee
Florida 18th Congressional District
Contact: KW Miller
Website: www.florida18thdistrict.com 
Email: info@florida18thdistrict.com 
Phone: 561-313-1353

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SOURCE KW Miller Congressional Committee

If You Purchased A Foreign Currency Instrument From Certain Individuals And Entities, A $23.63 Million Class Action Settlement May Affect You

PHILADELPHIA, Aug. 10, 2020 /PRNewswire/ — The following statement is being issued by Berger Montague PC regarding the Contant v. Bank of America settlement.

What is this About?
This lawsuit alleges Citigroup, MUFG Bank, Standard Chartered, Société Générale, Bank of America, Barclays, BNP Paribas, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan, Morgan Stanley, RBC, RBS, and UBS (the «Defendants») conspired to fix foreign…

PHILADELPHIA, Aug. 10, 2020 /PRNewswire/ — The following statement is being issued by Berger Montague PC regarding the Contant v. Bank of America settlement.

What is this About?
This lawsuit alleges Citigroup, MUFG Bank, Standard Chartered, Société Générale, Bank of America, Barclays, BNP Paribas, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan, Morgan Stanley, RBC, RBS, and UBS (the «Defendants») conspired to fix foreign currency («FX») instrument prices, causing people to be overcharged when purchasing an FX Instrument from an individual or entity and that individual or entity transacted in an FX Instrument directly with a Defendant or one of Defendants’ alleged co-conspirators. Defendants maintain that these claims lack merit. The settlements are not evidence of liability or wrongdoing. The Court has not decided who is right.  

Who’s Included?
You are if: (1) you purchased an FX Instrument from an individual or entity from December 1, 2007 through July 17, 2020, and that individual or entity in turn transacted in an FX Instrument directly with a Defendant or alleged co conspirator; and (2) you lived in NY, AZ, CA, FL, IL, MA, MN, or NC at the time of the transaction.

What do the Settlements provide? 
The $23,630,000 Settlement Fund, less court-approved fees and costs, will be distributed based on the greater of (1) a pro rata award based on transaction volume of FX Instrument purchases with a discount applied for purchases after December 31, 2013, or (2) a de minimis award.

See the Plan of Allocation at FXIndirectAntitrustSettlement.com for detailed payout information.

How can I get payment? 
You can register to participate in the Settlement by submitting an online registration form at FXIndirectAntitrustSettlement.com or by submitting a claim form via mail or email. If the Settlements are granted final approval, you will receive a claim form in the mail or by email explaining the calculation of Settlement awards for eligible claimants. Claim forms will also be available on the settlement website. If you would like to register online to participate in the Settlement, you can do so now by visiting FXIndirectAntitrustSettlement.com, clicking «Register,» and completing the registration form. You can also submit documents showing your FX Instrument purchases to the Settlement Administrator, Heffler Claims Group, to substantiate your claim. The deadline to file a claim will be 120 days after the Court grants final approval of the Settlements.

What are my Rights?
Do nothing – If you do nothing, you will get no settlement proceeds but will be legally bound by all Court judgments and you won’t be able to sue, or continue to sue, Defendants for the same claims in this action.

Object – If you want to remain in the Settlements but wish to object to the Settlements or any aspect of them, you must submit your objection by October 15, 2020

Exclude – If you want to maintain your right to sue the Defendants, you must exclude yourself from the Settlements by October 15, 2020. If you exclude yourself, you will not get a payment from these Settlements. If you do not exclude yourself, you will remain a member of a Settlement Class and your legal claims will be released even if you do not submit a claim.

When will the Court decide?
A Fairness Hearing will be held on November 19, 2020 at 11:30 a.m. at the Thurgood Marshall US Courthouse, 40 Foley Square, NY, NY 10007, in Courtroom 1106 to consider whether to approve the Settlements and fee application. You may, at your own expense, appear at the hearing, but you do not have to. Class Counsel will ask the Court to approve an award of attorneys’ fees of up to 26.21% of the Settlement Fund, plus service awards for the class representatives and reimbursement of costs and expenses. The fee application will be available on the settlement website when filed.  

This is only a summary. For more information, including Settlement Agreements and release of claims, instructions on filing a claim (when available), and details on how to exclude or object to the Settlements, visit FXIndirectAntitrustSettlement.com or call 1-844-245-3777.

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SOURCE Berger Montague PC

Seelos Therapeutics Receives FDA May Proceed Notice to Initiate a Phase IIb/III Trial of SLS-005 in Amyotrophic Lateral Sclerosis

NEW YORK, Aug. 10, 2020 /PRNewswire/ — Seelos Therapeutics, Inc. (Nasdaq: SEEL), a clinical-stage biopharmaceutical company focused on the development of therapies for central nervous system disorders and rare diseases, today announced that, on August 7, 2020, it was notified by the Food and Drug Administration (FDA) that Seelos may proceed with initiating a Phase IIb/III trial studying SLS-005 (trehalose) for the treatment of Amyotrophic lateral…

NEW YORK, Aug. 10, 2020 /PRNewswire/ — Seelos Therapeutics, Inc. (Nasdaq: SEEL), a clinical-stage biopharmaceutical company focused on the development of therapies for central nervous system disorders and rare diseases, today announced that, on August 7, 2020, it was notified by the Food and Drug Administration (FDA) that Seelos may proceed with initiating a Phase IIb/III trial studying SLS-005 (trehalose) for the treatment of Amyotrophic lateral sclerosis (ALS or Lou Gehrig’s disease).

Mutations in the C9orf72, SOD1, FUS, and TARDBP genes can cause familial ALS and contribute to the development of sporadic ALS. These mutations contribute to the death of motor neurons and ALS affected motor neurons develop a buildup of protein aggregates such as TDP-43 and SOD1. In in-vivo studies of ALS, trehalose has been shown to increase clearance of TDP-43, decrease SOD1 and SQSM1/p62 aggregates and monomers, delay the progression of the disease, preserve ventral horn motor neurons and increase muscle fiber size.

«ALS is a debilitating disease which currently lacks a cure and there is significant evidence suggestive of trehalose having the potential to alter or slow the progression of ALS,» said Raj Mehra Ph.D., Chairman and CEO of Seelos. «Receiving the FDA notice that we may begin a registrational Phase IIb/III study is a transformative event for Seelos and our hope is that SLS-005 can offer a potential option for patients. The FDA signoff to begin this pivotal study allows Seelos to focus on ALS as the lead indication for SLS-005. We remain committed to our work in additional indications as well.»

«Several preclinical studies have demonstrated the potential of trehalose as a treatment for ALS, demonstrating preservation of motor neurons, motor function and prolonged survival. We are excited to start our clinical program for this devastating disease,» said Warren W. Wasiewski, M.D., F.A.A.P., Chief Medical Officer of Seelos. 

Seelos’ Phase IIb/III trial plans to enroll 160 patients with either familial or sporadic ALS in a double-blind placebo-controlled trial. Patients will be randomized 3:1 (drug:placebo) and studied with a primary endpoint measuring change from baseline on Revised Amyotrophic Lateral Sclerosis Functional Rating Scale (ALSFRS-R) score at 24 weeks. Secondary endpoints will also be measured at 24 weeks, including change from baseline in slow vital capacity, muscle strength, quality of life measurements as well as additional signs of disease progression.  

About Trehalose

Trehalose is a low molecular weight disaccharide (0.342 kDa) that crosses the blood brain barrier, stabilizes proteins and importantly, activates autophagy, which is the process that clears material from cells. In animal models of several diseases associated with abnormal cellular protein aggregation or storage of pathologic material, it has been shown to reduce aggregation of misfolded proteins and reduce accumulation of pathologic material. Trehalose activates autophagy through the activation of Transcription Factor EB (TFEB), a key factor in lysosomal and autophagy gene expression. Activation of TFEB is an emerging therapeutic target for a number of diseases with pathologic accumulation of storage material.  

About Amyotrophic Lateral Sclerosis (ALS)

According to the National Institute of Neurological Disorders and Stroke, Amyotrophic lateral sclerosis (ALS) is a group of rare neurological diseases that mainly involve the nerve cells (neurons) responsible for controlling voluntary muscle movement. In ALS, both the upper motor neurons and the lower motor neurons degenerate or die and stop sending messages to the muscles. Unable to function, the muscles gradually weaken, start to twitch (called fasciculations), and waste away (atrophy). Eventually, the brain loses its ability to initiate and control voluntary movements. The disease is progressive, meaning the symptoms get worse over time. The majority of ALS cases (90 percent or more) are considered sporadic. This means the disease seems to occur at random with no clearly associated risk factors and no family history of the disease. Although family members of people with sporadic ALS are at an increased risk for the disease, the overall risk is very low and most will not develop ALS.

Most people with ALS die from respiratory failure, usually within 3 to 5 years from when the symptoms first appear. However, about 10 percent of people with ALS survive for 10 or more years. Currently, there is no cure for ALS and no effective treatment to halt, or reverse, the progression of the disease  

Forward Looking Statements

Statements made in this press release, which are not historical in nature, constitute forward-looking statements for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. These statements include, among others, those regarding the potential for trehalose to alter or slow the progression of ALS, the focus on ALS as the lead indication for SLS-005, other potential indications for SLS-005, the expected number of patients to be enrolled in the Phase IIb/III trial and other statements relating to the expected design and endpoints for the trial. These statements are based on Seelos’ current expectations and beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Risks associated with Seelos’ business include, but are not limited to, the risk of not successfully executing its preclinical and clinical studies and not gaining marketing approvals for its product candidates, the risk that prior test results may not be replicated in future studies and trials, the risks that clinical study results may not meet any or all endpoints of a clinical study and that any data generated from such studies may not support a regulatory submission or approval, the risks associated with the implementation of a new business strategy, the risks related to raising capital to fund its development plans and ongoing operations, risks related to Seelos’ current stock price, risks related to the global impact of COVID-19, as well as other factors expressed in Seelos’ periodic filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, even if subsequently made available by us on our website or otherwise. We do not undertake any obligation to update, amend or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Contact Information:

Anthony Marciano
Head of Corporate Communications
Seelos Therapeutics, Inc. (Nasdaq: SEEL)
300 Park Ave., 12th Fl
New York, NY 10022
(646) 293-2136
anthony.marciano@seelostx.com 
https://seelostherapeutics.com/ 
https://twitter.com/seelostx 
https://www.linkedin.com/company/seelos

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SOURCE Seelos Therapeutics, Inc.

Cargill works to positively impact communities where employees live and work

MINNEAPOLIS, Aug. 10, 2020 /PRNewswire/ — Across Cargill’s locations in 70 countries, the company and its employees are committed to positively impacting the communities where they live and work. This year, with a pandemic and natural disasters globally, Cargill intensified its focus on boosting economies, improving livelihoods and making a difference to individuals, families, farmers and small businesses around the world. 

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MINNEAPOLIS, Aug. 10, 2020 /PRNewswire/ — Across Cargill’s locations in 70 countries, the company and its employees are committed to positively impacting the communities where they live and work. This year, with a pandemic and natural disasters globally, Cargill intensified its focus on boosting economies, improving livelihoods and making a difference to individuals, families, farmers and small businesses around the world. 

In the fiscal year 2020, Cargill provided $115 million in total charitable contributions, hosted trainings for 860,000 farmers in sustainable agricultural and business practices to improve their earnings potential and provided more than 39 million meals to global and local food bank partners.

«As the world faces extraordinary challenges – from climate change to food insecurity – delivering on Cargill’s purpose to nourish the world in a safe, responsible and sustainable way is more critical than ever before,» said Michelle Grogg, vice president of corporate responsibility at Cargill. «We collaborate with strategic partners across the globe to bring this purpose to life by empowering farmers, protecting the planet and nourishing people and communities.»

Empowering farming communities and energizing the next generation of food and ag leaders

  • The National FFA Organization and Cargill continued their 60-year commitment to inspire and educate future leaders of the food and agriculture industry. Over the last year, the partnership reached 29,500 students and 500 teachers.
  • In 2019, Cargill and CARE announced a new phase of collaboration aligned to CARE’s She Feeds the World initiative. This phase aims to improve education, nutrition, water access, sanitation and economic support for 2 million people across Central America, Africa and Asia. The program strengthens women’s skills and confidence in sustainable agriculture, financial inclusion, market engagement, gender equality and food and nutrition – while also engaging men to support greater equality. In the first six months of the three-year program, 502 small producers and microentrepreneurs across Guatemala, Honduras and Nicaragua saw a gross income improvement of $540,212.
  • Cargill and Heifer International expanded Hatching Hope into Mexico, helping women farmers improve their livelihoods via poultry farming. The program connects Mexican women smallholder farmers with private sector buyers, creating market access and income opportunities. Hatching Hope has reached 206 Mexican smallholder female farmers and their families. This builds off the original Hatching Hope program in India, which has improved earnings for 24,000 smallholder female farmers since June 2019.
  • In Vietnam, Cargill has built a total of 96 schools across the country, 9 of those during the company’s past fiscal year. These schools positively impact and bring education opportunities to 14,000 students annually.

Nourishing communities

  • In partnership with the Global FoodBanking Network, Cargill provided 14,640,750 meals across 16 countries.
  • Feeding America and Cargill supported the creation of a new USDA clean room at the Houston Food Bank that, once in place, will deliver 3 million more pounds of protein annually to families in need. Cargill’s other contributions to Feeding America helped provide more than 1 million meals across the U.S.
  • In Canada, Cargill worked with Food Banks Canada to provide 554,772 meals.
  • In Central America, Cargill worked with World Central Kitchen to train school cooks in 40 schools across Nicaragua, Honduras, Guatemala, and Costa Rica on how to improve the safety, sanitization, and nutritional value of the food they prepare for more than 15,000 students. This initiative also significantly reduced food waste.
  • The Cargill Foundation, contributed more than $10 million to over 50 local nonprofits and schools in its headquarters state, Minnesota, to provide support for low-income children of color. Targeted investments in childhood nutrition, STEM education and college and career readiness brought to life the company’s goal to advance racial equity.
  • Cargill and Save the Children partnered in Thailand to promote positive nutritional practices and physical activity among children, adolescents and communities through school-based programs. The program is running across 50 schools and impacted 3,5000 children. Cargill and Save the Children also launched programs in Indonesia, Cote d’Ivoire and the Philippines.

«Thanks to Cargill’s support of The Global FoodBanking Network, food banks in 44 countries served 1.4 billion meals to families facing hunger. Unfortunately, the number of those suffering from food insecurity are steadily on the rise,» said Lisa Moon, President & CEO, The Global FoodBanking Network. «Due to the devastating impacts of COVID-19, demand for food relief has skyrocketed in the countries we serve. Our partnership with Cargill is now more important than ever, since early March this collaboration has enabled food banks in our network to reach to more than 21 million people facing hunger.»  

Supporting those affected by the COVID-19 pandemic

In addition to continuing its long term strategic corporate responsibility work, Cargill has worked with nonprofit and nongovernmental organization partners worldwide to address food security, health and safety needs, agriculture and industry challenges and employee support due to the spread of COVID-19. 

  • To address industry challenges and support customers and their employees, Cargill partnered with the National Cattlemen’s Foundation and the Canadian Cattleman’s Foundation, the American Farmland Trust’s Farmer Relief Fund, the National Restaurant Association Foundation Employee Relief Fund and the China Animal Health and Food Safety Alliance.
  • Cargill opened the kitchen at its corporate office center in Wayzata, Minn. to cook meals for the nonprofit partnership, Minnesota Central Kitchen. The additional kitchen space provided employment for laid-off food service workers and 5,000 meals each week for Minnesotans.
  • Along with monetary contributions, Cargill has donated nearly 3 million pounds of products to food shelves and hunger relief efforts, including 239 tons of chicken, sausage, and eggs to local food banks across Guatemala, Honduras, Nicaragua, Costa Rica, and Colombia; 1,000 metric tons of animal feed in Mexico to research centers, universities, farmers and Hatching Hope participants; 56 tons of oils, mayonnaises and sauces in Brazil; 300,000 packages of eggs in the Philippines; 60,000 liters of disinfecting alcohol to the health sector in the Netherlands; 58,000 liters of oil in France; and 500,000 pounds of beef and turkey to Feeding America Food Banks in Virginia, Nebraska and Texas.
  • Additionally, the company pledged 16 million meals, impacting over 150,000 families across 16 cities in India.

Protecting the land and regenerating our soils

  • Through its BeefUp Sustainability initiative, Cargill teamed up with Burger King restaurants, World Wildlife Fund (WWF) and Northern Great Plains ranchers to launch a three-year grasslands restoration program. Through reseeding, the program is converting nearly 8,000 acres of marginal cropland across Montana and South Dakota to ecologically diverse grasslands. The program is projected to save the carbon equivalent of driving nearly 70 million miles in an average passenger vehicle.
  • As part of Cargill’s collaboration with the Soil Health Institute to assess the economic benefits of soil health practices, over 80 farmers across eight U.S. states were interviewed on their adoption of these practices. The majority of the farmers cited increased yield, reduced fertilizer use, increased crop resiliency, better field access and reduced runoff as key benefits to their farming businesses.
  • In Mexico, Cargill has been working with Bimbo and the International Maize and Wheat Improvement Center to help corn farmers adopt sustainable agriculture practices, saving over 1 billion liters of water since 2018. And in Iowa, Cargill partnered with the Iowa Soybean Association and Quantified Ventures to create the Soil and Water Outcomes Fund, a pay-for-performance model that supports farmers, communities and the environment. In the first year, we enrolled 9,400 acres and aim to scale the program up to 100,000 acres next year.

«At Cargill, our commitment to the communities where our employees live and work has been a core value of our company for over 150 years. Through these partnerships and programs, we are able to put our values into practice – to reach higher, do the right thing and put people first,» said Grogg. 

Visit https://www.cargill.com/about/community-engagement to learn more about Cargill’s work with global and local partners to build vibrant communities. 

About Cargill
Cargill’s 155,000 employees across 70 countries work relentlessly to achieve our purpose of nourishing the world in a safe, responsible and sustainable way. Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need to thrive.

We combine 155 years of experience with new technologies and insights to serve as a trusted partner for food, agriculture, financial and industrial customers in more than 125 countries. Side-by-side, we are building a stronger, sustainable future for agriculture. For more information, visit Cargill.com and our News Center.

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SOURCE Cargill, Inc.

Vertical Farming Market Worth $16.77 Billion, Globally, by 2027 at 23.28% CAGR: Verified Market Research

JERSEY CITY, New Jersey, Aug. 10, 2020 /PRNewswire/ — Verified Market Research recently published a report, «Vertical Farming Market by Structure (Building-Based Vertical Farms, Shipping Container Vertical Farms), by Component (Irrigation Component, Lighting, Building Material, Sensor, Climate Control), Geography». According to Verified Market Research,…

JERSEY CITY, New Jersey, Aug. 10, 2020 /PRNewswire/ — Verified Market Research recently published a report, «Vertical Farming Market by Structure (Building-Based Vertical Farms, Shipping Container Vertical Farms), by Component (Irrigation Component, Lighting, Building Material, Sensor, Climate Control), Geography». According to Verified Market Research, the Global Vertical Farming Market was valued at USD 3.12 Billion in 2019 and is projected to reach USD 16.77 Billion by 2027, growing at a CAGR of 23.28% from 2020 to 2027.

This report provides detailed analysis of the growth trends among each of the segments as well as accurate forecasts in terms of the value and volume.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=4114

Browse in-depth TOC on «Vertical Farming Market«

202 – Pages
126 – Tables
37 – Figures

Global Vertical Farming Market Overview

The rise in the awareness about sustainable farming due to an increase in urbanization and less availability of fertile land is one of the prominent driving factors for the market growth. The increasing preference for locally grown food with higher nutrients in the urban areas supplements the also fueling the growth of the market. With the growing advancements in technology, factors such as automation and the implementation of artificial intelligence in various industry sectors are leading to an increased rate of urbanization. Labor cost is one of the highest operational costs for a vertical farm contributing around 25% of the total cost. By reducing labor costs, companies can reduce product costs and increase margins. Therefore, by integrating robots and automation in indoor agriculture practices is likely to propel the growth of the market. The concept of vertical farming has been developed based on its potential to provide large populations concentrated in urban areas with locally grown food – and to meet the demands of a growing population worldwide. Due to the challenges and costs of transporting fresh crops to larger cities, urban farmers have realized the potential in utilizing existing square meters in tall city buildings and producing crops locally.  The degree of urbanization is above 50% as of 2018, indicating the extent of urbanization that is occurring in regions worldwide. With this increasing urbanization in both developed as well as developing regions, the horizontal land area that can be used for applications such as farming is drastically reducing. The approach that can be employed to battle this limitation is vertical farming. Thus, it can be suggested that increasing urbanization is aiding the further progression and development of vertical farming. Moreover, other factors such as growing demand for high-quality food without any pesticides or herbicides, and independent farming technique with very less impact of climatic conditions and the possibility of growing vegetables and fruits in a limited space have been driving the market for the global vertical farming market

The major players in the market are Signify, AeroFarms LLC, Sky Greens PTE. LTD., Illumitex Inc., Everlight Electronics Co.Ltd., American Hydroponic Systems Inc., Vertical Farm Systems, Hort Americas, LLC.

Verified Market Research has segmented the Vertical Farming Market on the basis of Structure, Component, and Geography.

  • Vertical Farming Market by Structure
    • Building-Based Vertical Farms
    • Shipping Container Vertical Farms
  • Vertical Farming Market by Component
    • Irrigation Component
    • Lighting
    • Building Material
    • Sensor
    • Climate Control
  • Vertical Farming Market by Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

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Botanical Extracts Market by Industry (Food, Beverages, Pharmaceutical, Cosmetic & Personal Care), by Source (Spices, Herbs, Flowers, Tea Leaves), by Form (Powder, Liquid), Geography, Forecast, 2020-2027

Precision Farming Software Market by Offering (Hardware, Software, Services), by Technology (Guidance Technology, Remote Sensing, Variable-Rate Technology), by Application (Yield Monitoring, Field Mapping, Weather Tracking & Forecasting, Irrigation Management, Farm Labor Management, Financial Management), Geography, Forecast, 2020-2027

About Us

Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SME’s offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.

Contact Us

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Verified Market Research
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SOURCE Verified Market Research

The Unusual Suspects Theatre Company Hosts Virtual CREATE-A-THON Fundraiser starting August 10th to Benefit Underserved Youth and Families in Los Angeles

LOS ANGELES, Aug. 10, 2020 /PRNewswire/ — The Unusual Suspects Theatre Company (US), a non-profit 501c3 arts-based social justice organization, is hosting its first multi-week Virtually UnUSual Create-A-Thon fundraiser online starting August…

LOS ANGELES, Aug. 10, 2020 /PRNewswire/ — The Unusual Suspects Theatre Company (US), a non-profit 501c3 arts-based social justice organization, is hosting its first multi-week Virtually UnUSual Create-A-Thon fundraiser online starting August 10th to inspire creating and sharing at home, while raising funds to maintain and expand its critical theatre-arts programming for underserved youth and families.  The mission of The Unusual Suspects Theatre Company is to mentor, educate, and enrich underserved youth through the creation of collaborative, original theatre. Since the Covid-19 pandemic hit, US has prioritized reaching and serving youth and families in Los Angeles by quickly pivoting to offer programming virtually to help mitigate the disproportionate impact of the pandemic on under-resourced communities.  Outcomes for participants are life-changing, including academic and emotional growth and increased social skills – all through the theatre stage.  The Create-A-Thon will raise vital funds to continue offering and expand US’s impactful, award-winning programs at no cost to partnering schools or participants, helping to fill a critical gap in access to arts-education at high-needs, arts-poor public schools and juvenile detention centers.  

How can you participate? CREATE, SHARE & FUNDRAISE! In the name of the arts, having fun and creating at-home during this difficult time, the Create-A-Thon invites individuals, companies, and friends to set a CREATIVE GOAL with a FUNDRAISING GOAL.  For 7 weeks, participants will CREATE something original, SHARE it with family and friends personally and online using the hashtag #UnusualCreateAThon, and FUNDRAISE along the way.  «Create-a-Raisers» can either WRITE or PERFORM anything they desire – whether it’s a play, script, poem, song, dance, or letter to a friend or loved one. Supporters may even choose to perform an original scene written by an Unusual Suspects youth.  No minimum age is required. Residents and companies worldwide can start a fundraising team of their ownjoin an existing team that inspires you, sign up as an individual, or simply donate! There will also be opportunities to bid on high-end auction packages and participate in their raffle with items like signed memorabilia and more. 

The Create-A-Thon is hosted by Actress & Comedian Melissa Peterman with support from a growing roster of celebrity and entertainment influencers in the Los Angeles arts community including Steve and Nancy Carell; Actresses Annabeth GishAisha Tyler, Kirsten Vangsness, Rachel Bloom, Mo Collins; Actors Hector Elizondo and Bruce Greenwood; Rapper Lil Dicky, Host Jason Kennedy, 2x Super Bowl Champion Dwight Hicks, and more.  Various industry creatives will also share creative tips along the way which will be seen on social media.  Financial and In-Kind Sponsors, and «Star Performer» Donors include ViacomCBS, Johnny Carson Foundation, Ipsy, Argyros Family Foundation and more. Final creations will be accessible online at theunusualsuspects.org. The Unusual Suspects aims to raise $275,000 through the Create-A-Thon for its impactful work!

WHEN & WHERE: 

Why now? In the current climate, low-income communities are disproportionately suffering, where many are isolated, and yet for this population, arts access is critical as it is especially healing during these unprecedented times.  Created in response to the 1992 L.A. Uprising, The Unusual Suspects Theatre Company was founded as a way to provide a platform for self-expression and healing through the arts.  From page to stage, participants learn to write and perform an original play as an ensemble, and in the midst of a worldwide pandemic, The Unusual Suspects stands committed to provide a voice for the voiceless, and a safe place for creative expression.  The Unusual Suspects works with communities, schools, and detention centers in neighborhoods with the most incidents of violence and crime, poverty, incarceration, and dropout rates. 

To learn more about The Unusual Suspects, visit: https://theunusualsuspects.org/.

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SOURCE The Unusual Suspects

New Media Platform Aims to Improve How Candidates Target Independent and Swing Voters in the COVID and Misinformation Age

LEWES, Del., Aug. 10, 2020 /PRNewswire-PRWeb/ — A new media platform is being introduced in the U.S. to help candidates of all political stripes, at all political levels, win over more undecideds, independents, and swing voters.

VoterFeed.com is a social media aggregator where each candidate has a dedicated campaign page pre-loaded with their Facebook, Twitter, Instagram, Youtube and Linkedin accounts, all organized into one easy-to-follow feed for voters.

Candidates can also further…

LEWES, Del., Aug. 10, 2020 /PRNewswire-PRWeb/ — A new media platform is being introduced in the U.S. to help candidates of all political stripes, at all political levels, win over more undecideds, independents, and swing voters.

VoterFeed.com is a social media aggregator where each candidate has a dedicated campaign page pre-loaded with their Facebook, Twitter, Instagram, Youtube and Linkedin accounts, all organized into one easy-to-follow feed for voters.

Candidates can also further customize their VoterFeed™, including their photo, biography, and top 5 priorities, as well as provide direct links back to their campaign platform and donation page.

«COVID-19 has created an urgent need to help provide candidates from all parties with better ways to engage voters online, especially since the Coronavirus has eliminated typical door-to-door and public rally campaigning» says President and founder Marc Appleby.

«Our first-of-its-kind platform will officially launch to the public later this Summer, but we’re already following almost 5,000 candidates in federal, state, and local races across the U.S. Today, we want to invite all candidates running in 2020 to get early access by activating their campaign now at VoterFeed.com.»

Appleby says that VoterFeed™ was created to provide an easier way for voters to find, follow and compare candidates in any election, while providing candidates with the best way to campaign online, find new voters and raise more money.

A Pew Research survey dated February 2020 says that about two-thirds of Americans (66%) feel worn out by the amount of news being generated each day, making it confusing and difficult for many voters to understand candidates’ true positions on issues.

Candidates too can often feel misrepresented, sometimes due to media bias or political partisanship, other times their words taken out of context, but either way these civil divisions have been shown to be easily exploited by foreign governments like Russia and China.

VoterFeed™ on the other hand aims to provide clarity about candidates on what their top priorities will be if elected. Billing itself as ‘Your Election Home’, it is designed as a one-stop shop for voters to compare candidates fast, focusing especially on those harder-to-follow state and local races.

With so many divisive public commentaries on social media, Appleby says that» I believe that the political conversation for voters and candidates can instead be a productive one, where they can connect effectively with each other, and have a positive impact on campaigns and their message.»

To meet that challenge, VoterFeed™ offers what they’re calling Voter-Feedback™, a proprietary and private communication link between candidates and voters, away from the often noisy and negative media climate that can frustrate people on all sides of the aisle.

Another Pew Research survey from February this year also found that most Americans (72%) say it is likely that Russia or other foreign governments will attempt to influence the November 2020 election.

To help counter concerns, VoterFeed’s secure channel only allows the candidates themselves to speak directly to voters, with no third-party ads. This bypasses any risk of foreign meddling or corporate influence when a voter is trying to compare candidates on the issues that matter to them.

«In addition to their integrated social media feeds, candidates can now upload video, audio, and pictures from the campaign trail to showcase their personality and platform, and share it with voters through their own dedicated voter-focused channel,» explains Appleby.

«Each candidate’s VoterFeed™ is based on the good old soapbox model where only the candidate’s own spoken words are used for voters to make a decision. In our research, it is an electorate right now that does not want to be buried in Google searches, biased media opinions, or the confusing analysis of news pundits to get informed.»

As Franklin D. Roosevelt said «Democracy cannot succeed unless those who express their choice are prepared to choose wisely. The real safeguard of democracy, therefore, is education.»

VoterFeed™ is now sharing login instructions with all campaigns about the exclusive two-week pre-launch access window ahead of September’s public launch to voters.

Candidates running in federal, state, or local races in the USA in 2020 are invited to go to VoterFeed.com now and activate their free account for more details.

For more information on VoterFeed’s fight for the future of democracy, Marc Appleby can be contacted at media(at)voterfeed(dot)com.

 

SOURCE VoterFeed Inc.

LILEE Systems launches autonomous rapid transit services in Taiwan

SAN JOSE, Calif., Aug. 10, 2020 /PRNewswire/ — LILEE Systems announced the launch of self-driving bus operations in Tainan, the second largest city in southern Taiwan. This will be the first revenue-generating service of autonomous rapid transit (ART) in Taiwan supported by the central and local governments.

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SAN JOSE, Calif., Aug. 10, 2020 /PRNewswire/ — LILEE Systems announced the launch of self-driving bus operations in Tainan, the second largest city in southern Taiwan. This will be the first revenue-generating service of autonomous rapid transit (ART) in Taiwan supported by the central and local governments.

In July 2020, LILEE Systems received the autonomous vehicle license plate to run self-driving buses on public streets for two bus lines. Through the ART project, LILEE Systems will support the Tainan City Government to enhance and expand its public transportation network.

«Autonomous technology will lead a revolutionary change to the city’s transportation systems,» said Huang Wei-Cher, Mayor of Tainan. «The smart transportation initiative will help us improve overall road safety, operational efficiency, and rural area transportation services.»

«Through continuous safety validation of self-driving technology, autonomous rapid transit (ART) will be a cost-effective alternative to traditional MRT systems for cities like Tainan,» said Kung Ming-Hsin, Minister of National Development Council. «From a public infrastructure perspective, this new approach can not only reduce deployment costs by half but also serve twice as many citizens. The pioneering innovation of ART will provide a safer, more efficient, and more accessible transportation network and become the pride of Taiwan

«Thanks to the support from the governments and our partners, we are glad to bring a conceptual technology to a Level-4 autonomous bus solution,» said Jia-Ru Li, CEO of LILEE Systems. «We believe ART will become the new mode of public transportation in the coming years, solving urban transportation challenges such as driver shortages and increasing operational costs.»

The Tainan self-driving buses on virtual tracks are centrally managed and controlled from an operations control center (OCC) as added layers of safety. The safety-first principle comes from LILEE Systems’ decade of experience in the railroad industry. Prior to the ART project in Tainan, LILEE Systems has conducted several proof-of-service pilots in the past to demonstrate safety and operational efficiency of its self-driving solution.

About LILEE Systems
LILEE Systems is the leader of advanced wireless communications and autonomous driving solutions for the transportation industry. LILEE Systems is headquartered in Silicon Valley with offices in Taipei, Taiwan.

Contact us:
91 East Tasman Drive. Suite #150
San Jose, CA. 95134 USA
info@lileesystems.com

 

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SOURCE LILEE Systems