Daily Archives: June 27, 2019

Vista Global Presents XO, the Global Private Aviation Marketplace

  • The beginning of a new world, with instant booking and worldwide access for all On Demand customers;  
  • Demonstrating the speed of change the Vista Global group is bringing to the industry;
  • Customers will be able to choose the best digital membership option, request a flight, or book a seat – instantly.

DUBAI, UAE, June 27, 2019 (GLOBE NEWSWIRE) — Vista Global, the private aviation group founded by Thomas Flohr, announces the creation of XO, the global digital marketplace for private aviation.Vista Global Holding

The launch of XO, powered by JetSmarter technology, marks the beginning of a new world for all private aviation customers. Built by combining the trusted operational and customer-centric expertise of XOJET with the speed and convenience of technology originally developed by JetSmarter, the new brand will provide elevated services for On Demand private jet travel.

Whereas in the past, business aviation customers would have to navigate the complex industry with no centralized platform, they will now be able to fly anytime, anywhere, at a moment’s notice through the XO app or online. As demand moves towards digital solutions, customers will be able to:

  • Choose the best membership option to serve their travel needs – from occasional flyers to those traveling more regularly, XO offers more flexibility than ever before.
  • Request a flight through XO’s advanced private aviation platform – providing On Demand charter access to over 1,500 private jets globally, covering the full spectrum of cabin classes.
  • Book a seat on existing shared flights around the world.
  • Enjoy a seamless experience with a dedicated Aviation Advisor who works diligently on their behalf.

Existing XOJET and JetSmarter Members will have access to Vista Global’s worldwide operational excellence and the option to switch to enhanced membership benefits, including additional rewards for loyal customers.Vista Global Holding

The launch of the new marketplace demonstrates the speed of change and comprehensive range of solutions that Vista Global is bringing to the business aviation market. With VistaJet and XO, the group is able to serve the entire spectrum of business aviation consumers.

Vista Global’s Founder and Chairman, Thomas Flohr, said: “In the first month after closing our acquisition of JetSmarter for its innovative technology, we have worked relentlessly to establish a new company, a new brand and new products to fulfill our vision to serve every single customer in the business aviation market. XO, powered by JetSmarter technology, is well equipped to address the $11B per year global market of On Demand business aviation, as well as the new market of customers moving up from First and Business class. We are ready to go live and introduce our suite of XO solutions to the market.”

Vista Global was founded in 2018 to become a worldwide leading provider of asset-light solutions in private aviation. In 2018 alone, Vista Global arranged for 115,000 passengers to fly on over 70,000 flights on a fleet of 116 owned aircraft and its partners’ network. Vista Global aircraft will also be available on the XO platform, with the global fleet operated by VistaJet Ltd and the U.S. fleet by its partner operators, including XOJET Aviation, allowing the group to maximize utilization and provide higher value to customers compared to traditional full and fractional ownership costs.

About XO, powered by JetSmarter technology

XO, powered by JetSmarter technology, is the first global digital marketplace for private aviation. The centralized platform combines the trusted operational and customer-centric expertise of XOJET with the speed and convenience of technology originally developed by JetSmarter.Vista Global Holding

All private aviation customers can instantly request a flight or book a seat on the XO app or online, with access to thousands of private jets across all categories, from light, midsize, super-midsize and long-range aircraft. XO Members can also benefit from preferential pricing and guaranteed access, and receive 24/7 assistance from XO’s Aviation Advisors.

XO, powered by JetSmarter technology, is part of Vista Global Holding, the private aviation group founded by Thomas Flohr to become the worldwide leading provider in business flight services. Vista Global integrates a unique portfolio of brands offering asset-light flying solutions to serve every private aviation customer.

For more information, visit flyXO.com

About Vista Global Holding
Vista Global Holding provides worldwide business flight services. A global group headquartered at the DIFC in Dubai, Vista Global integrates a unique portfolio of companies offering asset-light services to cover all key aspects of business aviation: guaranteed and On Demand global flight coverage; aircraft leasing and finance; and cutting-edge aviation technology.Vista Global Holding

The group’s mission is to lead the change to provide customers with the most advanced flying services and the very best value, anytime, anywhere around the world. Vista Global’s knowledge and understanding of all facets of the industry deliver the best end-to-end offering and technology to any business aviation customer, through its VistaJet and XO branded services.

Vista Global does not own or operate any aircraft. All flights are performed by FAA-licensed/DOT-registered EASA or U.S. certified Vista Global group direct air carriers and/or partner operators. Vista Global Holding holds a non-controlling minority stake in XOJET Aviation LLC.

For more information, visit vistaglobal.com

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/cc441853-03c0-4224-b5d2-bf44f741cd64
https://www.globenewswire.com/NewsRoom/AttachmentNg/0b85e0a4-976e-4db9-95dd-0a85544a749d
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https://www.globenewswire.com/NewsRoom/AttachmentNg/d2b51e52-f223-4ad2-b17b-6f93748b7d60

Contacts
Vista Global
press@vistaglobal.com

XO
press@flyxo.com

Virgin Hyperloop One Zooms Into Washington D.C. to Present Pioneering Transit Technology, Government Partnerships & Viable Routes Across the United States

Transportation Firm is Rapidly Expanding Roster of Government Partners who Support Certification and Regulatory Investment in this New Form of Mass Transportation in Europe, USA, and India

WASHINGTON, June 27, 2019 (GLOBE NEWSWIRE) — Virgin Hyperloop One (VHO), the only hyperloop company in the world to successfully test its technology at scale, was on Capitol Hill in Washington D.C. today to showcase its industry-leading technology to members of Congress and federal stakeholders at its event “Hyperloop On The Hill,” as the company continues to broaden support of its revolutionary transportation technology across the globe.VHO_June26 (2)

Building off of the momentum of U.S. Secretary of Transportation Elaine Chao’s newly-formed Non-Traditional and Emerging Transportation Technology (NETT) Council to support new and innovative transportation projects like hyperloops and self-driving cars, Virgin Hyperloop One’s demonstration on Capitol Hill focused on this new mode of transportation that will change the way we move passengers and cargo in a safe, sustainable, and efficient way.

Virgin Hyperloop One has been working with the Directorate-General for Mobility and Transport in Europe and the Consultative Group on Future Transportation (CGFT), under the Principal Scientific Advisor to the Government of India as there has been significant interest from regulatory agencies in those regions to coordinate and prepare a global framework that would regulate hyperloop technology and systems.

Now, there is a serious movement in the United States to accelerate the regulatory process. The vision of the NETT Council is to develop and establish department-wide processes, solutions, and best practices to identify and manage non-traditional and emerging transportation technologies and projects, to provide assistance to local and state governments, and to conduct research to better understand the safety and regulatory needs of these technologies.

“We are seeing growing interest and excitement in the hyperloop vision from across the United States, Europe, and India at both the local and federal level,” said Sir Richard Branson, founder of the Virgin Group. “I believe we could see a hyperloop passenger system in years, not decades.”

In May, House Transportation and Infrastructure Chairman Peter DeFazio (D-OR) became another global transportation leader to visit VHO’s full-scale test track outside of Las Vegas.  The European Commission’s Deputy Director General for Mobility and Transportation, Matthew Baldwin, and the Chief Minister of Maharashtra in India, Shri. Devendra Fadnavis, have also visited Devloop, the most established global test site in the hyperloop space.

“It is time to seize the opportunity that hyperloop technology presents to bring people and economies closer together through more efficient, affordable, and seamless travel,” said Jay Walder, CEO of Virgin Hyperloop One. “We are now seeing the groundswell of support that’s needed to realize the hyperloop revolution with the formation of the NETT Council and support from lawmakers across the world. As hyperloop moves toward reality it’s becoming clear that it will not only transform how we travel but also create an entirely new industry with thousands of new jobs. ”

XP-1 Hits the Road
As cities across the country face increasing transportation challenges, such as extreme traffic congestion, vehicle emissions, long commute times and more, today’s event also kicked-off Virgin Hyperloop One’s roadshow. This summer, Virgin Hyperloop One will be travelling across the United States to showcase their XP-1 vehicle, connect with communities, and educate local and state governments on the tangible benefits of hyperloop. Virgin Hyperloop One’s technology would transport passengers and goods three times as fast as high-speed rail and enable regional cities to connect just as local city subways connect neighborhoods.

After Washington D.C., Ohio will be the next stop on the tour, taking place later this summer. Over the next few months, Virgin Hyperloop One will make stops across America in Missouri, Texas, Ohio, and more to showcase its technology.

About Virgin Hyperloop One
Virgin Hyperloop One is the only company in the world that has successfully tested its hyperloop technology at scale, launching the first new mode of mass transportation in over 100 years. The company successfully operated a full-scale hyperloop vehicle using electric propulsion and electromagnetic levitation under near-vacuum conditions, realizing a fundamentally new form of transportation that is faster, safer, cheaper, and more sustainable than existing modes. The company is now working with governments, partners, and investors around the world to make hyperloop a reality in years, not decades. Learn more about Virgin Hyperloop One’s technology, vision, and ongoing projects here.

Media Assets
To download high-resolution route maps and visuals of VHO technology, please click here.

Media Contact
Ryan Kelly
Head of Marketing and Communications
Virgin Hyperloop One
ryan.kelly@hyperloop-one.com
+1 610 442 1896

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b8692ac5-caab-4d6f-b625-d05521d512c9

TeraRecon Unveils iNtuition AI Data Extractor

New tool enables vast customer base to automatically convert 3D post-processed studies into rich AI training data sets

DURHAM, N.C., June 27, 2019 (GLOBE NEWSWIRE) — Artificial Intelligence (AI) and advanced visualization innovator, TeraRecon, today announced its new iNtuition AI Data ExtractorTM, a technology breakthrough that empowers its clients to automatically transform clinicians’ archived and day-forward advanced visualization data into valuable AI research-ready training data-sets.

With the addition of the iNtuition AI Data Extractor, users can quickly convert iNtuitionTM post-processed data – completed in the normal course of routine clinical reading workflow into volumetric, high-fidelity labeled data sets. This data can be further optimized by leveraging iNtuition as a powerful, clinical-quality data labeler and used by data scientists to create and train algorithms. The Extractor will be offered to customers free for the first 90 studies, with a low per-image extraction fee thereafter. TeraRecon customers can now derive new value from many years of past physician, technologist and system-based advanced 3D post-processing by leveraging the iNtuition AI Data Extractor and converting exported files into the necessary formats for continuous algorithm development and training.

TeraRecon is used within many of the highest volume 3D post-processing labs, some of which process approximately 200,000 studies per year. “At 3DR, we have 100 full-time 3D technologists who are highly skilled at segmentation and anatomic labeling. They have a deep understanding of our clients’ diagnostic interpretation requirements and produce 3D post-processed imaging data sets used by many of the most prestigious health systems in America.” said Dr. Robert Falk, Chief Medical Officer at 3DR Laboratories in Louisville, Kentucky. “Our most sophisticated work is performed on TeraRecon’s iNtuition solution. We are proud to be able to offer this profoundly simple way for our customers to access the AI Extractor technology and immediately unlock the value of their data.”

Shannon Walters, Executive Manager of a prominent 3D and quantitative imaging lab said, “The most important thing that AI can do for my department is help people do their work better day-by-day. I am excited that the clinical expertise of my staff can now be utilized in the development of new AI tools.”

The iNtuition AI Data Extractor is made available as an engine that runs locally or in the cloud as part of the EnvoyAITM platform. This new offering is the first in a series of developer-focused EnvoyAI engines that will streamline the training, delivery and application of new AI algorithms.

EnvoyAI is the world’s first medical imaging AI marketplace and interoperability platform, currently offering over 80 algorithms with 20 holding regulatory clearances in various global territories. All EnvoyAI marketplace algorithms, including the iNtuition AI Data Extractor, are offered with a free trial period allowing clinicians to experiment with the ever-growing number of commercial-ready and research-use AI products.

TeraRecon technologies including the EnvoyAI platform, TeraRecon Northstar AI Results ExplorerTM, and its flagship iNtuition advanced visualization solution, are on display at the Society for Imaging Informatics in Medicine (Book a demo at SIIM) in Aurora, Colorado from June 26th – June 28th, 2019. Online demonstrations are available by contacting TeraRecon at info@terarecon.com.

About TeraRecon (www.terarecon.com) TeraRecon is a leader in medical advanced visualization and artificial intelligence solutions. Their flagship product, iNtuition, consistently leads the advanced visualization category of the industry’s leading independent technology analyst. The company continues to innovate ahead of customer demand and has most recently developed new sophisticated healthcare-focused artificial intelligence platform solutions unlike any in the world today. EnvoyAI was the recipient of the prestigious Aunt Minnie 2018 Best New Radiology Vendor award. TeraRecon’s Northstar AI Results Explorer is the first and only enterprise-wide solution capable of delivering AI imaging insights directly and interactively into the systems clinicians use every day. As a company with a 20-year history of innovation, TeraRecon’s mission is to continuously redefine medical advanced visualization and leverage artificial intelligence to improve patient care.

Press Inquiries US: 1-650-372-1100 | info@terarecon.com

TeraRecon, iNtuition, EnvoyAI, Northstar and the iNtuition AI Data Extractor are trademarks of TeraRecon, Inc.

Government to Table Motion to Compel M Ps to Declare Assets

KUALA LUMPUR, Tun Dr Mahathir Mohamad today confirmed that the government will table a motion in Parliament to compel all MPs to declare their income and assets to the Malaysian Anti-Corruption Commission (MACC).

In a brief reply to the media, the Prime Minister, however, did not elaborate on when the motion will be tabled.

We will table the motion, whether it will be passed or not, that’s a different matter, he told reporters after launching the Marvel Studios: Ten Years of Hero Exhibition here today.

The Second Meeting of the Second Term of the 14th Parliament will commence on Monday and will last until July 18.

Dr Mahathir said all MPs should declare their assets as each one of them has influence over others.

Opposition MPs are also influential people, so we should not use our influence to get financial rewards, he said.

Currently, only backbenches and members of the administrative are required to declare their assets on a voluntary basis, which are publicly listed on the MACC website.

According to the portal, so far, 124 MPs and 79 members of the administration (including ministers, deputy ministers and political secretaries) have declared their assets.

Source: Office of the Prime Minster Malaysia

MP Presents Labuan Economic Plan to Dr Mahathir

LABUAN, Labuan MP Datuk Rozman Isli has submitted an economic development plan of the Labuan Development Foundation (YPL) to Prime Minister Tun Dr Mahathir Mohamad.

He presented the plan to the Dr Mahathir yesterday at the Prime Minister’s Office.

Speaking to reporters after officially launching a RM300,000 passenger boat at the Labuan International Ferry Terminal here today, Rozman said he expected a positive outcome from Dr Mahathir in the interest of Labuan’s future.

Rozman said one of the projects included in the plan is the long-awaited bridge linking Labuan to mainland Sabah.

We need the bridge as it will be a game changer for the Labuan economic landscape; it will have economic spinoffs for both Labuan and Sabah, he said.

He said he briefed Dr Mahathir on the need for YPL to be strengthened in every aspect so that it plays a greater role in the Labuan economic development agenda.

Rozman, who is also Labuan Corporation Advisory Council chairman, said he extended an official invitation to the Prime Minister to visit Labuan.

Source: Office of the Prime Minster Malaysia

Government to Introduce Estate Farming to Increase Smallholders’ Income

PUTRAJAYA, The government will introduce an estate farming model to increase income of smallholders in rural areas, said Prime Minister Tun Dr Mahathir Mohamad.

Through the model, he said, land belonging to smallholders would be merged and managed professionally like an estate to increase agriculture produce.

We will identify areas where the smallholdings can be merged and managed as an estate.

We know that rubber estates are not so large. The small plots of land (belonging to smallholders), if merged, will be bigger than an estate, but the estates produce more rubber than the smallholders, he said.

Dr Mahathir told this to reporters after launching the Rural Development Policy at the Putrajaya International Convention Centre here today.

Also present were Rural Development Minister Datuk Seri Rina Mohd Harun and her deputy, R. Sivarasa.

Earlier in his speech, Dr Mahathir said agricultural produce from the estate would be distributed to smallholders depending on the size of their land.

He suggested that the estates involving the smallholders’ land be used to carry out mixed farming to reduce dependence on one crop, as was being practised in oil palm and rubber estates.

If the prices of palm oil and rubber drop, we will have problems. If part of the land is used for other crops, it will help farmers at times when the price of the main crop drops, he added.

Dr Mahathir said farming of crops like vegetables, fruits and flowers provides good income because of their high demand and can also be exported.

There are 1.4 billion people in China and they like Musang King (durian). Planting durian has the potential to provide additional income for farmers, he added.

Asked the difference between estate farming and the farming model implemented by the Federal Land Development Authority (FELDA), Dr Mahathir said there were mistakes in the implementation of the land scheme.

He said implementation of the FELDA land scheme should have involved merging land belonging to the settlers under one management, instead of each of the settlers managing their own plot.

We proposed to have a huge estate (for FELDA) where in this huge estate, every settler gets to own 10 acres of land, and for 1,000 acres of land, there will be 100 settlers.

But, I found it was not done, with every settler managing their own land. It is not efficient. That is why their income is low, he added.

Source: Office of the Prime Minster Malaysia

Dr Mahathir assembles with Avengers at Pavilion

KUALA LUMPUR, Malaysia’s ‘own’ superhero Tun Dr Mahathir Mohamad, today spared some time from his busy schedule to assemble with the Avengers at the Pavilion, here.

The 93-year old prime minister, accompanied by his wife Tun Dr Siti Hasmah Mohamad Ali was greeted by an almost-complete team of Avengers, including Iron Man, Thanos and Captain America.

But afraid not. Malaysia is not on crisis and the Avengers were not even the real actors themselves, just cosplayers.

The meet-up was arranged for the launching of the first ever Marvel Studios: Ten Years of Hero’s Exhibition by Captain Malaysia himself, Dr Mahathir.

Asked on the exhibition which would be opened for the public starting tomorrow until Oct 17, Dr Mahathir who was brought on tour around the exhibition said it was amazing to see how film technologies had progressed.

To produce a film in the past, the cartoons had to be drawn by hand, but now there is no necessity for this, just use animation, he said.

Named Thanos as his favourite character, Dr Mahathir believed that the exhibition would attract a huge crowd as it displayed real charactors’ costumes among others.

The exhibition, organised by Walt Disney Company Southeast Asia together with Crave Alive and Beast Kingdom, in collaboration with Maybank, Samsung Malaysia and KLOOK to be held at level 10 of the Pavilion, transports visitors into the multi-sensory world of the Marvel Cinematic Universe, celebrating the first 10 years of Marvel Studios’ films, from Iron Man (2008) to the record breaking blockbuster Avengers: Endgame (2019), through 10 immersive galleries featuring original movie props, costumes, concept art and interactive experiences.

Visitors will also have the chance to purchase Marvel exclusive merchandise, from t-shirts, stationery, bags, and collectible items, including selected pieces that are being sold in Malaysia for the very first time.

Entrance fee is RM48 per adult and RM28 per kids.

Source: Office of the Prime Minster Malaysia