Thursday, May 12, 2022

Experian Launches New Cloud-Based Decisioning Solution – PowerCurve Strategy Management


* The new SaaS model helps businesses make faster and more efficient credit decisions 

Experian, the world’s leading global information services company, has launched a new PowerCurve® Strategy Management solution, a powerful decisioning solution delivered as software-as-a-service via cloud. The solution is designed to help organisations leverage data and make faster, secure, and informed business decisions. 

PowerCurve® is a unified platform that helps businesses understand and leverage their data across the entire customer life cycle – be it acquisition, retention or growth – to make fast, efficient decisions that support their strategic goals. With the new solution, businesses will be able to swiftly adapt their decision-based strategies at lower operational cost while harnessing the power of cloud.  

Neeraj Dhawan, Managing Director, Experian India, says: “Financial institutions in India are looking for more agile and scalable decisioning solutions. To fulfil their needs, we have come up with a comprehensive suite of solutions to help businesses make better decisions and stay one step ahead. At Experian, we are committed to providing advanced solutions through innovation, technology, and excellence.” 

The cloud-based PowerCurve® solution empowers businesses with integrated insights by maximising data and analytics to drive effective decisions across customer touchpoints. The solution supports businesses across a wide range of industries, including banking, fintech, MSME, insurance and beyond. 

PowerCurve® Strategy Management combines machine learning and Experian’s deep knowledge of the industry to generate advanced data-driven insights. The cloud-based service offers: 

Market-leading expertise – Easy access to a world-class decision engine with a strong global track record, providing high performance strategy execution. 

Agility – Businesses can evolve their strategies swiftly with self-service capabilities and easily expand the solution for their portfolio growth. 

Business user control – Designed for business users with easy access and full autonomy for strategy design, testing, and deployment to production. 

Security first – State-of-the-art security which includes round-the-clock security event monitoring, detection, and response as well as with seamless and continuous security patches. 

Cloud native – The solution is built on active-active microservices architecture ensuring high availability and scalability, consumed as a service. 

Full automation– Continuous innovation with fully automated software upgrades every six weeks that make new functionalities available at businesses’ convenience.   

The new PowerCurve® Strategy Management solution sits on the Experian cloud deployment platform and leverages the scale and the rich features of the underlying Amazon Web Services (AWS) cloud infrastructure, to deliver its as-a-service benefits to businesses. 

IPO-Bound Navi Expands Its Board To 4 Independent Directors With The Latest Appointment Of Vidit Aatrey, Meesho’s Co-Founder & CEO


* With Mr. Aatrey’s appointment, independent directors now form a majority on Navi’s Board.

* Navi had recently also appointed three other independent directors - namely, Mr Abhijit Bose, Mr Shripad Shrikrishna Nadkarni, and Ms Usha A Narayanan.

Navi Technologies Limited (“Navi”) announced the appointment of Mr Vidit Aatrey, the co-founder & CEO of Meesho as an Independent Director on its board of directors (“Board”) effective as of April 9, 2022, subject to completion of formalities.

Mr Aatrey’s appointment is in continuation of Navi’s ongoing efforts to strengthen its Board, having recently appointed three other Independent Directors, namely, Mr Abhijit Bose, Mr Shripad Nadkarni, and Ms Usha Narayanan who all come with rich and diverse experience across various sectors.

With this appointment, Navi’s Board, which now comprises 7 members, will have majority representation from independent directors. The other board members include Navi’s promoter and co-founder, Mr. Sachin Bansal, co-founder, Mr. Ankit Agarwal and Mr. Anand Sinha, the former Deputy Governor of the Reserve Bank of India.

Commenting on the appointments, Sachin Bansal, Co-founder of the Navi group said:

“I am pleased to welcome Bobby (Abhijit), Shripad, Usha and, most recently, Vidit to our Board. They each bring a unique perspective and I believe they will add significant strategic value to Navi as we continue to grow. These appointments  further reinforce our commitment to setting high standards in corporate governance.”

About the Independent Directors:

Mr. Vidit Aatrey is the co-founder & CEO of Meesho. He graduated from IIT Delhi in 2012 and co-founded Meesho in 2015. He has been featured in Fortune India’s 40 Under 40 list for 2021, and was awarded the EY Entrepreneur of the year 2021- Startup category.

Mr. Abhijit Bose is the Head of India for WhatsApp. Prior to taking on the leadership role at WhatsApp, Abhijit held senior executive positions at Oracle, Intuit and was the co-founder of Ezetap. He graduated from Harvard Business School with an MBA and Cornell University with a Bachelor's degree in Science.

Mr. Shripad Shrikrishna Nadkarni is a member of Maverix Platforms. Mr. Nadkarni has several decades of experience in India’s consumer, pharmaceuticals, food & beverage and consulting industries. In the past, he has been associated with Coca-Cola India and Johnson & Johnson Private Limited for a combined period of 16 years and last held the position of Vice President- Marketing. He is an alumnus of the Indian Institute of Management, Bangalore.

Ms. Usha A Narayanan, who is already a part of the Navi group as an Independent Director for other group entities such as a Navi Finserv Limited, Navi General Insurance Limited & Chaitanya India Fin Credit Private Limited, has more than two decades of audit experience with Lovelock & Lewes Chartered Accountants LLP, a member firm of PricewaterhouseCoopers, where she was a partner for a period of 15 years. She is also a former independent director on the board of directors of Bank of Baroda. Ms. Narayanan is a Chartered Accountant (ICAI) and a qualified Company Secretary (ICSI).

About Navi Group:

Co-founded by Sachin Bansal and Ankit Agarwal, the Navi group offers a range of financial services and products such as Personal Loans, Home Loans, Retail Health Insurance and Mutual Funds.

“Navi Technologies Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a draft red herring prospectus (“DRHP”) with the Securities and Exchange Board of India. The DRHP is available on the website of the SEBI at www.sebi.gov.in as well as on the websites of the book running lead managers, Axis Capital Limited at www.axiscapital.co.in, BoFA Securities India Limited at www.ml-india.com, Credit Suisse Securities (India) Private Limited at www.credit-suisse.com/in/en/investment-banking-apac/investment-banking-in-india/ipo.html,

Edelweiss Financial Services Limited at www.edelweissfin.com, and ICICI Securities Limited at www.icicisecurities.com, and the websites of the stock exchange(s) at www.nseindia.com and www.bseindia.com, respectively. Investors should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see "Risk Factors" of the RHP, when available. Potential investors should not rely on the DRHP for any investment decision.

The Equity Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) or any other applicable law of the United States and, unless so registered, may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, the Equity Shares are being offered and sold (a) in the United States only to persons reasonably believed to be “qualified institutional buyers” (as defined in Rule 144A under the U.S. Securities Act) in transactions exempt from the registration requirements of the U.S. Securities Act, and (b) outside the United States in offshore transactions as defined in and in compliance with Regulation S and the applicable laws of the jurisdiction where those offers and sales are made. There will be no public offering in the United States.”

LG Electronics Under Its CSR Initiative “KAREIN ROSHNI” Will Support 8700 Cataract Surgies


·       LG has partnered with five charitable hospitals across India

·       The initiative is aimed at benefiting 8700 individuals through cataract eye surgeries

With a continued commitment to serve the community and on the occasion of its 25th Anniversary in the country, India’s leading consumer durable company, LG Electronics India announced the launch of KAREIN ROSHNI- Light For Every Sight A CSR initiative. Under the aegis of this initiative,  LG has announced to support 8700 cataract Eye surgeries across India through 5 charitable Hospitals.

LG has announced its latest CSR initiative with an aim to support underprivileged. The company has pledged to support 8700 cataract eye surgeries across India through five charitable hospitals namely - Dr. Shroff's Charity Eye Hospital, Delhi, Icare Eye Hospital, Noida, Sankara Eye

Foundation, Coimbatore, H V desai Eye Hospital,Pune,Sri Sankaradeva Nethralaya,Guwahati.

Commenting on the initiative, Younglak Kim-MD,LG Electronics India said, “Over the past 25 years, our aim has not just been to make meaningful innovations that create convenience for our consumers, but also elevate the lives of the people. Our latest KAREIN ROSHNI- Light For Every Sight CSR initiative is an effort to offer a gift of vision to the people who cannot afford quality care. LG has always been committed to introduce meaningful interventions. We are thankful to all our partner hospitals and the people associated with this initiative for supporting us in this cause.”

Dr. R.V. Ramani;Padma Shri Awardee;Founder & Managing Trustee;Sankara Eye Foundation India said “India has a huge population of visually impaired people.1/3rd of World’s population of blind live in our Country. The majority of the visual impairment is either preventable or curable.Majority of Patients suffer from Cataract.While the efforts taken by the Governmental and Non-Governmental Agencies to combat blindness started yielding results, the Pandemic over the past 2 to 3 years came as a bolt from the blue.Community Eye Care surgeries could not be pursued in the last 2 years.As a result, a huge backlog of cataract Patients has been accumulated across India.Only a concerted effort from all like-minded organisations would help in clearing the backlog of pending cataract surgeries.LG getting involved in this Humanitarian Cause will help mitigate the suffering of Cataract Patients.We at Sankara Eye Foundation India, across the Country, are glad to join hands with LG to provide the Gift of Vision to the Millions."

Dr. Umang Mathur- Executive Director, Dr. Shroff’s Charity Eye Hospital, Delhi said, “Shroff Hospital, being one of the torch-bearer of the eye care industry, it gives me immense pleasure to associate with LG on this new initiative. I believe avoidable blindness is still a big challenge in India and initiatives like KAREIN ROSHNI help us move towards our goal of eradicating needless blindness. I wish we can spread more awareness with our work and be the reason for vision.”

“Cataract is the leading cause of avoidable blindness in India. There is a backlog of over 22 million blind eyes (12 million blind people) in India, and 80.1% of these are blind due to cataract. The annual incidence of cataract blindness is about 3.8 million.This partnership will contribute towards saving the sight of countless who cannot afford a simple surgery. 700 cataract surgeries will be supported by LGEIL under their CSR programme.“We are grateful to LG Electronics India Private Ltd for their support towards this initiative. With this partnership, we hope to reach the unreached and ensure that quality eye care is available to everyone,” said Mr. Parvez Bilimoria, Executive Director- H V Desai Hospital (unit of The Poona Blind Men’s Association).

On the occasion, Dr. Sushil Choudhry- Managing Trustee ICARE Eye Hospital & Post Graduate Institute (unit of Ishwar Charitable Trust),Noida said, “Blindness is not only a health problem but is one of the most important social problems worldwide with enormous economic implications. Blindness is mainly a problem of developing countries which is preventable in at least 80% of cases. The WHO/NPCB (National Programme for Control of Blindness) survey has shown that there is a backlog of over 22 million blind eyes (12 million blind people) in India, and 80.1% of these are blind due to cataract. The annual incidence of cataract blindness is about 3.8 million. Cataract is responsible for 50-80% of bilaterally blind and this is avoidable and treatable.We are grateful to LG ELECTRONICS INDIA PRIVATE LTD for trusting ICARE’s mission of eradicating avoidable blindness and supporting us by approving cataract surgeries for the needy and elderly rural population.Our constant endeavour is to reach out to these people and help them not only to regain their eyesight but  once again live a life of dignity.” 

LG Electronics has always believed in enriching the lives of people and through this initiative, the brand is set to lend its support to the cause of helping underprivileged visually-impaired people regain their vision. LG Electronics is continuing this programme since 2018.

About LG Electronics India Pvt Ltd               

LG Electronics India Pvt. Ltd. (“LG Electronics”), a wholly owned subsidiary of LG Electronics, South Korea was established in January 1997 in India. It is one of the most formidable brands in consumer electronics, home appliances, HVAC, IT hardware. In India, LG has earned a premium brand positioning and is the acknowledged trendsetter for the industry. LGEIL's manufacturing unit at Greater Noida is one of the most eco-friendly units among all LG manufacturing plants in the world. The second Greenfield facility is located at Ranjangaon; Pune has the capacity to manufacture LED TV’s, air conditioners, commercial air conditioning systems, washing machines, refrigerators, and monitors.

*Home Appliances include- Refrigerator; Washing Machine, AC, Water purifier, Microwave, Fan, Dishwasher & Air purifier

Skill India International Centre To Be Set Up At Varanasi To Prepare Skilled Workforce For Mobility To UAE


* India-UAE Agreed To Develop And Strengthen Comprehensive Institutional Framework For Engaging All Relevant Stakeholders To Scale Up Skills-Based Cooperation

* MoU signed between NSDC International Limited and Hindustan Ports Private Limited (a unit of DP World) in the presence of Shri. Dharmendra Pradhan, Union Education and Skill Development Minister

A Memorandum of Understanding (MoU) was exchanged between NSDC International (NSDCI) and the Indian unit of DP World, Hindustan Ports Private Limited to develop a Skill India International Centre at Varanasi and to skill Indian youth for pursuing overseas employment opportunities in logistics, port operations and allied areas. Skill India International Centre at Varanasi will impart skilling as per international standards, preparing the candidates for global markets. The MoU was exchanged between Shri Ved Mani Tiwari, Director, NSDC International and Mohammed Al Muallem, Executive Vice President, DP World and Director, HPPL in the presence of Shri Dharmendra Pradhan, Union Minister of Education & Minister of Skill Development and Entrepreneurship; Shri Rajeev Chandrasekar, Minister of State for Skill Development& Entrepreneurship; Dr. Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship & SMEs, UAE; Shri Rajesh Aggarwal, Secretary, MSDE; Shri Sunjay Sudhir, Ambassador of India to UAE and Rizwan Soomar, CEO and Managing Director, DP World subcontinent.

Shri Dharmendra Pradhan underscored that India is a valuable partner to United Arab Emirates and other countries across the world.  He mentioned that the Government is working to fulfill the aspirations of India’s youth and prepare them for the future of work.  The Government is creating a reliable, qualified and an able workforce that will drive economic success, not only for India but for other economies of the world too. He further highlighted that with the existing strong ties between India and the UAE, this will be yet another successful partnership that will deepen our relationship. Skill India Mission aims to bring economic prosperity and provide novel opportunities to the country’s youth.

Emphasizing the importance of skilled professionals in UAE, Dr. Ahmad Belhoul Al Falasi, Hon’ble Minister of State for Entrepreneurship & SMEs, UAE said, “This association will help accelerate skills development amongst both countries youth and will be beneficial in addressing and meeting the emerging skills needed by both economies labor markets. I congratulate both NSDCI and DP World for this intent of cooperation to build a future ready skilled workforce. This Memorandum of Understanding will further strengthen the relationship between UAE and India and help enhance workforce productivity.”

The MoU signing was preceded by bilateral discussions chaired by Minister Shri Dharmendra Pradhan and Dr. Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship & SMEs, UAE. They explored ways to further invigorate bilateral engagements in skill development & entrepreneurship and to take the India-UAE CEPA to unprecedented heights. The two sides agreed to develop and strengthen comprehensive institutional framework for engaging all relevant stakeholders to scale up skills-based cooperation, including in up-skilling of workforce, training of trainers, facilitating exchange programmes and apprenticeship engagement. Recognition of certificates issued by Indian Skilling Centres in UAE and renewal of G-to-G mechanism between Ministry of Skill Development and Entrepreneurship, GOI & National Qualifications Authority, UAE were also discussed for liberalising the process of assessment and certification of Indian workforce and to ensure greater mobility for them.

Skill India International Centres are aimed at providing high-quality training to Indian youth. The centres will host training facilities, providing skills as per the demand of international employers in countries like United Arab Emirates (UAE), Canada, Australia and other GCC regions. The Skill India International Centres will also have a wide network of partnering organisations and overseas recruiters to facilitate supply of skilled and certified workforce in other countries.  These partnering organisations will work with NSDCI for aggregating demand from overseas markets.  The centres will have services such as mobilisation, counselling, skill training, pre-departure orientation, foreign language training, placement and immigration and post-placement support.  

About NSDC International Limited (NSDCI)

NSDC International Ltd. is a subsidiary of National Skill Development Corporation that is driving Skill India International Mission of making India the Skill Capital of the World. The vision is to transform India as a preferred partner country for sourcing skilled and certified workforce across the globe.  Its objective is to be create an internationally benchmarked quality skills ecosystem and cements its position as a global supplier for quality talent.  It offers global job opportunities for resident Indians and global career mobility for overseas Indians.

About DP World

Hindustan Ports Private Limited is part of DP World, a leading provider of worldwide smart end-to-end supply chain logistics, enabling the flow of trade across the globe. Its comprehensive range of products and services covers every link of the integrated supply chain – from maritime and inland terminals to marine services, rail network and economic zones as well as technology-driven customer solutions. Wherever DP World operates, it integrates sustainability and responsible corporate citizenship into its activities, striving for a positive contribution to the economies and communities.

Clix Capital Aims To Disburse INR1000 Crore In Unsecured MSME Loans By End Of FY2023


Clix Capital Services Pvt Ltd (‘Clix Capital’) – one of India’s leading digital-lending NBFCs – today announced that it aims to disburse INR 1000 crore in unsecured MSME loans to the underserved micro enterprises across India in line with the Company’s vision to simplify lending and enable financial inclusion. The offering is readily available to MSMEs in Delhi, Jaipur, Chandigarh, Mumbai, Pune, Ahmedabad, Bangalore, Hyderabad and Chennai. Having recently relaunched its operations in Jaipur and Ahmedabad, the lender plans on scaling up its operations to five additional cities by the end of this financial year.

“Working capital financing remains a major challenge for MSMEs across India, especially after the pandemic broke out. While digitalisation and pandemic-linked tailwinds have helped digitize the supply and demand side of digital lending significantly, smaller businesses in India still lack a formal digital footprint. At Clix Capital, this is precisely the gap we have been working tirelessly to bridge. Whatever be the business requirements of our consumers, whether for business expansion or working capital, we have this covered. Our customers range from manufacturers, retailers, wholesalers and even service providers since we service the entire spectrum of MSMEs. We have been focusing all efforts on aiding MSMEs in India to emerge strongly from this pandemic,” said Rakesh Kaul, CEO – Clix Capital.

The digital lender recently announced it had crossed the INR15,000 crore disbursement milestone after its rechristening from GE Capital five years ago. The lender also revealed it aims to disburse more than INR4000 crore this fiscal.

Clix Capital’s business loan offers an unsecured credit program to help small and medium-sized enterprises with loan amounts ranging from ?5 lakhs to ?50 lakhs to meet growing business needs. Clix offers two types of unsecured business loans: Business Term Loans and Working Capital Loans. The Business Term Loans are suitable for big-ticket expenses such as expansion, tools or machinery purchase, etc. The Working Capital Loans, on the other hand, are suitable to address the daily expenditures of the business for smooth operations. Some features of the offerings include large loan amounts, collateral-free offering, flexible loan repayment options (12-36 months), and minimal documentation combined with quick approvals.

About Clix Capital

Clix Capital is a new age NBFC revolutionizing the lending space by offering differentiated digital lending products driven by technology and deep analytics. Its range of lending products to a varied spectrum of customers across the MSME and consumer segment includes personal loans, MSME loans, healthcare loans and mortgage finance.

Co-founded by industry veterans Mr. Pramod Bhasin and Mr. Anil Chawla, Clix is backed by private equity fund AION Capital Partners Limited (an affiliate of Apollo Global Management, LLC – one of the largest alternate investment managers globally with an AUM of $433 billion). Mr Bhasin is the founder of Genpact and the former CEO of GE Capital India and Asia while Mr. Chawla has been the former CEO of GE Capital India and Asia’s Commercial Finance Business.

Together, Mr. Bhasin, Mr. Chawla and AION jointly acquired the commercial lending and leasing business of GE Capital India in September 2016 and rechristened it as Clix Capital.

Bayer Relaunches World’s No. 1 Antifungal Brand Canesten In India

 


* For over 40 years Canesten®  has been helping people around the world to treat and prevent skin and foot infections

* Bayer focuses on raising awareness about the under-reported fungal infections among women

* Encourages young women to resolve fungal infections with the expert solution

The Consumer Health division of Bayer announced the launch of the new and improved range of Canesten®, their anti-fungal treatment solution in India. Available in powder and cream formats, the product range offers anti-fungal properties that helps prevent and treat skin infections. An easy-to-use solution, Canesten®  is a full-cycle skin infection control formulation that not only provides relief from itching but also halts the spread of infection.

Based on Bayer's original research molecule Clotrimazole, the Canesten® range brings the required relief as it treats a wide spectrum of fungal skin infections. Canesten®  anti-fungal dusting powder is used in the prevention, therapy and follow-up treatment of superficial skin fungal infections and provides 5X relief vs. ordinary talcum powder from prickly heat, redness, skin irritation, itching, and fungal infection. Canesten® cream, provides relief from ringworm, jock itch, skin candidiasis, athlete's foot, erythrasma and fungal nail infection, among other fungal skin infections. Canesten®  S cream is used for treatment of skin fungal infections with inflammatory lesions, while Canesten®  V6 Tablets proves its effectiveness in the therapy of complicated vulvovaginal candidosis¹.

Available in 110 countries, a global market leader in anti-fungal solutions, the launch of Canesten® in India highlights Bayer’s commitment to focus on bringing science-based solutions to consumers around the world, throughout all stages of life. With solutions like Canesten®, Bayer intends to address treatment of skin fungal infections among women, which  tend to get ignored. Women usually disregard the first sign of discomfort from fungal infections, continuing to bear them and using home remedies to  treat them. Talcum powder is a common household remedy for sweat, prickly heat, and rash in India, which women use without any conscious consideration or judgement of whether it provides the right cure or not. The communication planned by the Consumer Health division for Canesten® aims to combat this behaviour by encouraging the use of an expert solution.

Talking about the launch, Sandeep Verma, Country Head, Bayer Consumer Heath India, said, "At Bayer, we are continuously working on our vision of making self-care accessible for all Indians. Women, especially those who lead a more active lifestyle, are prone to fungal skin infections in the hot-humid weather of India. Early symptom detection, diagnosis and treatment can provide relief, reduce the likelihood of recurrence, and improve their quality of life. To address this concern, we've brought our best  global solution to India, that’s already trusted by millions of women worldwide. We want to encourage women to stop being uncomfortable and hiding fungal skin infections, rather treat them with Canesten®,  and live their lives to the fullest.”

“As we focus on strengthening our dermatology portfolio in India, we are determined to take the legacy of Bayer's original research molecule Clotrimazole to new heights and establish Canesten® as the go-to solution for skin infection in women,” he further added.

Canesten® dusting powder is available as 50g and 100g SKUs (Stock Keeping Units) while Canesten® cream is available in a 30g tube - all of which can be purchased as an OTC product across India. The other 2 SKUs, Canesten® S cream in 15gm tube and Canesten® V6 tablets can be purchased with a doctor’s prescription.

About Bayer

Bayer is a global enterprise with core competencies in the life science fields of healthcare and nutrition. Its products and services are designed to help people and planet thrive by supporting efforts to master the major challenges presented by a growing and ageing global population. Bayer is committed to drive sustainable development and generate a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2021, the Group employed around 100,000 people and had sales of 44.1 billion euros. R&D expenses before special items amounted to 5.3 billion euros. For more information, go to www.bayer.com.

Honeywell Commissions First Laboratory In Bengaluru To Use UL's Remote Witnessed Testing

 
* Industry’s first such laboratory in the APAC region, and Honeywell’s second outside the United States, will help enable 30% savings in regulatory cycle time

Honeywell today announced the commissioning of a regulatory laboratory for testing fire panels that was assessed by UL, a global safety science leader. The facility is a first-of-its kind laboratory in the APAC region, and the second for Honeywell outside of the United States. Honeywell Technology Solutions (HTS), the engineering and technology development arm of the company, operates and manages the lab.

Rajeev Bhandari, senior director of building technologies engineering, HTS said, “Fire panels are required to comply to UL 864, the standard for control units and accessories for fire alarm systems. Receiving UL approval of the HTS lab for remote witnessed testing means that UL assessed and qualified the Honeywell laboratory for consistent and competent operation of the laboratory, for UL to use that test data in certification projects. This helps avoid the logistics of shipping and travelling and can help reduce product cycle time from six to nine months to four months.”

To establish this laboratory, HTS’ existing electromagnetic interference/electromagnetic compatibility and environmental laboratories were calibrated according to industry standards and engineers received appropriate UL training. The first product to undergo the UL witnessed testing is the ANN-80, a compact, backlit, 80-character LCD fire annunciator that mimics the fire alarm control panel (FACP) display. This will be followed by multiple fire system projects from Honeywell’s Farenhyt, Morley and Gamewell FCI product portfolios.

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