THE PIAGGIO GROUP AND FOTON MOTOR GROUP SIGN A GENERAL AGREEMENT FOR JOINT DEVELOPMENT OF A NEW ELECTRICALLY POWERED LIGHT COMMERCIAL VEHICLE

BEIJING, Dec. 9, 2022 /PRNewswire/ — The Chairman and CEO of Piaggio & C. S.p.A. (PIA.MI), Roberto Colaninno, and the Vice General Manager of Foton Motor Group, Wang Shuhai, signed a preliminary agreement in Mantua for the development of a new range of four-wheel electric light commercial vehicles. The agreement consolidates the partnership set up by the two groups in September 2017 for joint development of innovative solutions for the light commercial vehicles market.

Over the coming months, a team of representatives from the two groups will work on the development and approval of a production and commercial plan and on the contractual documents with a view – in the event of a successful outcome of the above activities – to finalising the technical documentation for the project and the contracts by Spring 2023.

Park Place Technologies Acquires CentricsIT Global Services Division

Purchase Strengthens Park Place as Global Leader for all IT Infrastructure Solutions, as Economy and Skills Gap Challenges Impact Global Business.

CLEVELAND, Dec. 08, 2022 (GLOBE NEWSWIRE) — Park Place Technologies, the leading global data center and networking optimization firm, has acquired the TPM and Professional Services assets of CentricsIT, an IT services provider based in Atlanta, Georgia.

The demand for Professional Services is growing globally, driven by economic conditions and skills gaps. Park Place’s Professional Services offering will benefit from the acquisition with greater capabilities in IMAC, ITAD, Remote Hands, and deployment services, including cabling, wi-fi surveys, data center installs and refreshes, and network installations. Park Place clients will benefit from a state-of-the-art Professional Services portal developed by CentricsIT that provides real-time project status, reporting, and collaboration tools. Park Place’s Project Management Office function will be enhanced with the addition of Project Management Institute-certified CentricsIT employees worldwide. CentricsIT customers will gain access to Park Place Technologies’ unique portfolio of products and services, including automated monitoring and managed services.

Chris Adams, President and CEO of Park Place Technologies, said in addition to investing in Professional Services, Park Place continues to focus on providing exceptional customer service and support. “When acquiring businesses, we always search for companies that are intensely focused on customer service and have a similar culture and value set to PPT. CentricsIT delivers that and more,” he said. “Our combined Professional Services capabilities are evolving to meet client needs, and this will accelerate that CX agenda. CentricsIT’s EVP of Global Services, Patrick Keuller, will join the global Professional Services group. Patrick brings decades of experience and understands the growing needs of companies around the globe that are struggling to recruit skilled stafff and stretching budgets to efficiently manage their infrastructures.”

CentricsIT has been a global leader in IT lifecycle management solutions and professional services since 2007. As the company transitions its professional services and TPM divisions to Park Place Technologies, it will retain its server, storage and networking resale division.

“We’re pleased to have found the right fit in Park Place Technologies for our services practice to grow and thrive,” said CentricsIT founder and CEO Derek Odegard. “We know they will continue to excel in service delivery and client support.”

This is Park Place’s fourth acquisition in 2022.

“Agile Equity provided investment banking services to CentricsIT and facilitated the transaction,” Odegard said. “We enjoyed working with the Agile Equity team. Their expertise in the data center infrastructure industry was very beneficial throughout the transaction.”

Founded in 1991, Park Place Technologies is powered by the world’s largest on-the-ground engineering team, a robust group of hundreds of advanced engineers and its fully staffed 24x7x365 Enterprise Operations Center. Park Place leverages a global parts supply chain, automation, machine learning and a comprehensive portfolio of services and products to optimize networking and data center uptime and performance.

About Park Place Technologies

Park Place Technologies is a global data center and networking optimization firm. Powered by the world’s largest on-the-ground engineering team, a robust group of advanced engineers and our fully staffed, 24x7x365 Enterprise Operations Center, we offer a robust portfolio of IT solutions to optimize networking and data center uptime and performance. Our services include third-party data center hardware maintenance, professional services, infrastructure managed services, network performance monitoring and hardware sales. Through our unique and fully integrated DMSO (Discover, Monitor, Support, Optimize) approach, customers enjoy streamlined infrastructure monitoring and management, cost efficiencies, less chaos, and faster mean-time-to-resolution – ultimately providing the freedom to think bigger. Park Place’s industry-leading and award-winning services include Park Place Hardware Maintenance™, Park Place Professional Services™, ParkView Managed Services™, Entuity Software™ and Curvature Hardware sales. For more information, visit www.parkplacetechnologies.com. Park Place is a portfolio company of Charlesbank Capital Partners and GTCR.

Jennifer Deutsch
Park Place Technologies
(440) 991-3105
jdeutsch@parkplacetech.com

Michael Miller
Park Place Technologies
(440) 991-5509
mmiller@parkplacetech.com

GlobeNewswire Distribution ID 8711279

WHO Study: Global Rise in Bacterial Resistance to Treatment

A report released Friday by the World Health Organization indicates high levels — above 50% — of bacterial resistance to treatment around the world, based on data collected from 87 countries since 2020.

The study, called the Global Antimicrobial Resistance and Use Surveillance System report, found levels of resistance above 50% were reported in bacteria such as Klebsiella pneumoniae and Acinetobacter spp, which frequently cause bloodstream and surgical wound infections in hospitals, as well as pneumonia.

These life-threatening infections require treatment with powerful, “last resort” antibiotics, such as carbapenems. However, the study also found 8% of bloodstream infections caused by these bacteria were reported to be resistant to carbapenems, increasing the risk of death due to unmanageable infections.

The study found that while most treatment-resistance trends have remained stable over the past four years, bloodstream infections due to drug-resistant e-coli, salmonella and gonorrhea have increased by at least 15% compared to rates in 2017.

In a statement, WHO Director-General Tedros Adhanom Ghebreyesus, said “antimicrobial resistance undermines modern medicine and puts millions of lives at risk.”

He called for more microbiology testing and higher-quality data across all countries, “not just wealthier ones.”

The study also calls for more research to identify the reasons behind increased antimicrobial resistance and how it might be related to increased hospitalizations and greater use of antibiotic treatments during the COVID-19 pandemic.

Source: Voice of America

Gulf of Guinea Countries Agree to Stop Illegal Chinese Fishing

Chinese boats are decimating West Africa’s fish stocks and fishing communities in the Gulf of Guinea, say environmental groups.

The Institute for Security Studies, a South African think tank, said the communities could be losing more than $2 billion each year to illegal fishing, mainly from Chinese-owned boats.

Beninese fisherman Geoffroy Gbedevi said it’s getting harder to feed his daughter and pregnant wife. He said the community is suffering and the number of fish being caught is much lower than it used to be.

“Nothing is going the way it used to,” he said.

Yaya Toshu Koma Benoit is a community leader in Grand Popo, a small fishing town in Benin close to the border with Togo, where houses are empty as community members have been forced to leave to find work elsewhere.

He blamed the problem in part on techniques that catch fish before the fish are fully developed.

“That’s why there are no more fish,” he said. “If we can ban this practice, that’s good. There are lots of fishermen who use smaller mesh nets, so there are not many fish left.”

The Environmental Justice Foundation said illegal fishing boats in Ghana use Ghanaian flags, but 90 percent were traced to Chinese owners.

Steven Trent of the Environmental Justice Foundation called for “basic measures to introduce transparency.”

“Cars have a number plate as an identifier,” he said. “Put very simply, give each of these vessels what we call a unique vessel identifier to get rid of all these people who in many instances are simply stealing fish from some of the poorest people on our planet.”

China has repeatedly denied wrongdoing, with one article in the state-affiliated Global Times newspaper last year rejecting what it called “Western media rumors” of China’s illegal fishing and saying Beijing had tightened oversight of deep-sea fishing boats.

Gulf of Guinea nations this year banded together to crack down on illegal fishing. Benin, Ghana and Togo agreed to joint patrols and information-sharing with support from the European Fisheries Control Agency through a center in Accra, Ghana.

But the agency’s executive director, Susan Steele, said more efforts are needed.

“Legislation, operations, training and cooperation,” she said. “One of the key things you want to be looking for is to make sure there are consequences for the people doing illegal fishing.”

Some fishermen VOA spoke to in Benin said the joint patrols seemed to be helping, and fish stocks are showing signs of improvement.

Gbedevi just wants to feed his family. He said he lives in hope that things will get better.

Source: Voice of America