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Genesis Celebrates Official Launch In China, Unveiling Its All-new Vision Of Automotive Luxury To Chinese Consumers

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  • Genesis announced its arrival in China with an extraordinary event, introducing the brand to a new generation of Chinese consumers seeking true distinction in luxury
  • Athletic Elegance, the distinctive Genesis design philosophy was showcased with an unveiling of the Genesis G80 and Genesis GV80
  • To deliver the unique Genesis Experience, a new business model will be introduced in China aiming to design authentic relationships with Chinese consumers

SHANGHAI, April 3, 2021 /PRNewswire/ — Global luxury automotive brand Genesis marked its official entry into China with a spectacular Brand Night held on April 2 at Shanghai’s International Cruise Terminal, where Genesis showcased its unique Genesis brand identity, design and experience philosophy. With a stunning drone show titled the “Genesis of Genesis” sweeping over the Bund, Genesis signified its exceptional beginning in the Chinese market.

Genesis performing dazzling drone show, titled with “Genesis of You”

Jaehoon (Jay) Chang, Global Head of Genesis, said, “Today marks the beginning of another audacious chapter for Genesis. The Chinese market serves a critical role in the development of our global business, and we are very excited to present the next generation luxury for China.”

“We are excited to showcase our globally recognized products, Genesis G80 and Genesis GV80, known for the highest quality and distinctive design. We are driven by a purpose to design authentic relationships with Chinese consumers. This is our promise and our differentiator in China to deliver meaningful and stress-free experiences,” said Markus Henne, Chief Executive Officer of Genesis Motor China. “To do that, we will be implementing an all-new business model that will bring our commitments to life.”

New Luxury Defined by A Unique Brand Identity and Design Philosophy

Genesis is a brand that aspires to make true positive impact in our customers’ lives. With a fresh perspective, Genesis audaciously challenges expectations and brings a progressive attitude in order to build emotional bonds with customers based on new ideas in design and innovation. Genesis also desires to provide customers with a sense of thoughtful hospitality throughout the entire journey. More than an automotive brand, Genesis represents a lifestyle and an experience.

Every Genesis presents an intimate opportunity to explore the extraordinary Genesis vision. The distinctive design of Genesis was showcased through a special Brand Night unveiling of the Genesis G80, its mid-sized luxury sedan, and Genesis GV80, the first SUV in the lineup. Defined by their symbolic Two Lines architecture, both models are the expression of Athletic Elegance, Genesis’ design philosophy that achieves the perfect balance between two opposing characteristics: Athleticism and Elegance. Inside the cabin, the Beauty of White Space philosophy is expressed through a harmony of personal space and state-of-the-art technology.

China-tailored Strategy to Provide An All-New Experience

Genesis intends to inspire its customers of what new luxury can be. It addresses what the brand calls Generation Genesis, a generation with bold new perspectives in style and everyday life, whose refined taste in aesthetics and appreciation for distinctive design cultivates resonance with the brand spirit of Genesis. To underline this, Genesis unveiled its brand manifesto at the heart of which sits the  “Genesis of You” message-Every touchpoint with Genesis is designed to fuel the confidence of these consumers, as they embark on new beginnings, break boundaries and progress in their every endeavor. 

Genesis is establishing an all-new business model for the Chinese market, aiming to design authentic relationships with Generation Genesis and deliver meaningful, stress-free experiences centered on human-touch, convenience, trust and transparency. Genesis will gradually develop its presence in China through an omnichannel approach based on direct sales, supported by trusted agents and online sales. 

Furthermore, Genesis will ensure that every person interested in the brand receives the best one-to-one experience from a dedicated companion with the introduction of the Genesis Partner Concept. 

A transparent pricing model under the Genesis One Price Promise will be implemented to ensure a unified price across all sales channels. This unique and uncompromising brand experience will be enabled by the Genesis Digital Ecosystem.

Focus on Brand Building and Designing Genesis Experience

An essential part of the Genesis is lifestyle. Aesthetic ambition with the love for beautiful things are at the core of the brand. That’s the reason Genesis is never compromising anything on design and open to collaborate on a variety of canvases, where the Generation Genesis can be naturally met.

One of these forthcoming brand experiences, for instance, will be held in collaboration with the Shanghai Fashion Week, to create an elevated and in-depth exploration of progressive luxury style through world-class fashion concepts. Comprehensive and touchable Genesis Experience will come to life at Genesis Studios, a luxury lifestyle oasis where people can experience our cars, the arts and culture combined with Genesis hospitality. The first of Genesis Studio will soon launch in downtown Shanghai.

Markus Henne, Chief Executive Officer of Genesis Motor China, added, “Launching the brand in China represents a significant, perhaps the most important, new chapter in our brand’s history. Genesis will focus on brand building in the early stage. We will continue to reveal more highlights of how we plan to appeal to our Chinese audience. I am confident to deliver this promise and invite everyone to be a part of this journey.”

About Genesis

Genesis is a global luxury automotive brand that delivers the highest standards of performance, design, safety, and innovation. The Genesis brand is one of the highest-ranked brands in the automotive industry by respected, third-party experts including North American Car of the Year, Consumer Reports and J.D. Power and more. For more information on Genesis and its new definition of luxury, please visit https://www.genesis.com.cn

Speech of Markus Henne, CEO of Genesis Motor China, at Genesis Brand Night

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SOURCE Genesis

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Treasuries Extend Upward Trend Ahead Of Monthly Jobs Report

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(RTTNews) – Treasuries moved modestly higher during trading on Thursday, extending the upward trend seen over the past few sessions.

Bond prices moved to the upside in morning trading and remained firmly positive throughout the afternoon. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 2.3 basis points to 1.561 percent.

The continued strength among treasuries may have reflected their appeal as a safe haven ahead of the release of the Labor Department’s closely watched monthly jobs report.

Ahead of the release of the monthly report, the Labor Department released a report showing first-time claims for U.S. unemployment benefits fell by much more than expected in the week ended May 1st.

The report said initial jobless claims slid to 498,000, a decrease of 92,000 from the previous week’s revised level of 590,000.

Economists had expected initial jobless claims to edge down to 540,000 from the 553,000 originally reported for the previous week.

The bigger than expected decrease once again dragged jobless claims down their lowest level since the early days of the coronavirus pandemic.

“Claims have declined by 33% since the start of April, further confirmation that a recovery in the labor market is well underway,” said Nancy Vanden Houten, Lead Economist at Oxford Economics. “We expect more evidence of that recovery in tomorrow’s April jobs report.”

Economists currently expect employment to jump by 978,000 jobs in April after surging up by 916,000 jobs in May. The unemployment rate is also expected to dip to 5.8 percent from 6.0 percent.

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Cruise lines will have to mandate masks even by the pool and nix buffets for trial sailings without vaccine requirements, CDC says

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Mardi Gras Sea Trial
Carnival Cruise Line’s Mardi Gras ship.

  • The CDC has unveiled the next two phases of its Conditional Sailing Order.
  • The new phases detail how a cruise’s “simulated” trail sailings should look.
  • New requirements include masking up when poolside, and the potential ceasing of buffet services.
  • See more stories on Insider’s business page.

On May 5, the US Centers for Disease Control and Prevention released new guidelines on how cruise lines should go about trial voyages, providing some insight into how cruising could look when it finally returns after over a year of no-sailing.

In the newly released next two phases of its Framework for Conditional Sailing Order (CSO), the CDC detailed protocols that should be implemented on these “simulated voyages,” adding that cruise lines now have all the information needed to begin their trials. These sailings are meant to precede the COVID-19 Conditional Sailing Certificate application needed to resume “restricted passenger voyages” again.

However, cruise lines that can prove that 98% of crew and 95% of passengers are vaccinated will be allowed to skip this test sailing period.

It’s one step closer to the resumption of sailing in July after over a year of no large cruise ships in US waters, but according to the CDC’s guidelines, cruising may not look the same as pre-COVID-19 times.

“These instructions reflect CDC’s reasoned judgement based on the best available current science regarding the subject areas covered in the document,” the CDC wrote in its “COVID-19 Operations Manual for Simulated and Restricted Voyages under the CSO.” “Cruise ship operators should carefully consider and incorporate these instructions in developing their own health and safety protocols.”

Read more: Carnival and Royal Caribbean salaries revealed: From $32,000 to $383,000, here’s how much the cruise industry’s power players pay some of their employees

The CDC’s “requirements” and “recommendations”

roller coaster on Carnival Cruise Line's Mardi Gras ship
The roller coaster on Carnival Cruise Line’s Mardi Gras ship.

It should be unsurprising that COVID-19 pandemic protocols are steeped into the trial sailings manual. As a result, some of the CDC’s guidelines will completely alter what traditional cruising once looked like.

The updated manual advises the typical protocols we’ve all grown accustomed to during the pandemic, including reducing face-to-face contact and social distancing around the ship. But if you long for the days of buffets and maskless lounging by the pool, cruise ships may not be the way to go.

The CDC’s mask order will be applied to the ships unless a passenger is eating or drinking for a short amount of time. or inside their own cabin. However, not wearing a mask during an “extended meal service or beverage consumption” is still considered a violation of the mask order.

This means masking up while on the pool deck as well. And while masks won’t have to be worn in the pool, water goers will still have to social distance.

This social distancing guideline will also apply to entertainment areas like show venues, casinos, and mini-golfing, and is why the CDC recommends encouraging passengers to take the stairs instead of elevators if possible.

In regards to dining, the guideline says cruise ships should consider letting passengers order meals ahead of time to limit their duration inside a restaurant, and offer prepackaged meals and single-use items like utensils and menus to limit contact. In line with this, the CDC is advocating for the end of buffet services aboard cruise ships.

The agency also recommends implementing “wearable recording technology [like] proximity bands” to create some form of onboard contact tracing that could tell the wearer when they’re not adhering to social distancing guidelines.

And when it’s time to disembark a ship for shore excursions, options may be limited. The CDC says cruise lines can’t allow “self-guided or independent exploration” at ports, and tour companies must still follow COVID-19 protocols like mask-wearing and social distancing.

“CDC is committed to working with the cruise industry and seaport partners to resume cruising following the phased approach outlined in the CSO,” the agency said in the press release. “This goal aligns with the prospective resumption of passenger operations in the United States by mid-summer, expressed by many major cruise ship operators and travelers.”

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Xcelerate, Inc. Signs Letter of Intent to Explore Business Relationship with HS Pharmaceuticals

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MAULDIN, S.C., May 6, 2021 /PRNewswire/ — Xcelerate, Inc. (OTC pink sheets: XCRT) today announced it has signed a non-binding letter of intent to pursue a business combination with HS Pharmaceuticals, LLC of Greenville, SC.  Over the past 14 years HS Pharmaceuticals has developed a platform of novel technologies centered around their patented and patent pending silicate particle research. Their research, in conjunction with leading universities and research facilities, has led to developments in healthcare in areas such as immunotherapy alternatives, topical therapies to combat infection and bacteria as well bone regeneration. For more information visit their website www.hspharma.com.

The LOI provides for XCRT to undertake its due diligence wherein its world-renowned team of clinicians and researchers will review HS Pharmaceuticals’ operations, structure, and intellectual property. “During this process, Xcelerate, a rapidly emerging leader in assembling and developing early-stage medical technology, will determine how and in what structure HS Pharmaceuticals research and IP would fit within its business plan.  The potential consolidation with HS Pharmaceuticals is further evidence that Xcelerate seeks to continue making headway in finding innovative acquisitions within the patent/engineering world.  We remain focused on joining early-stage medical technology companies in a setting of controlled clinical care where these new developments can be trialed, tested and applied,” said Xcelerate CEO Michael F. O’Shea.

SAFE HARBOR

This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company’s financing plans; (ii) trends affecting the Company’s financial condition or results of operations; (iii) the Company’s growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and actual results may differ materially from those projected in forward-looking statements resulting from various factors.

Media contact: Justin Baronoff 561-750-9800; justin@transmediagroup.com.

Cision View original content:https://www.prnewswire.com/news-releases/xcelerate-inc-signs-letter-of-intent-to-explore-business-relationship-with-hs-pharmaceuticals-301286074.html

SOURCE Xcelerate, Inc.

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Paradigm Appoints Two Key Executive Leaders for Continued Strategic Growth

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WALNUT CREEK, Calif., May 6, 2021 /PRNewswire/ — Paradigm, the industry leader in solving catastrophic and complex health care challenges and improving lives, today announced the appointment of two individuals to newly created executive leadership positions. Joining the organization are Tom Mafale as Chief Growth Officer and Jason Cooper as Chief Data and Analytics Officer. The addition of these two senior leadership roles represents an essential step in Paradigm’s vision for strategic growth with a reliance on robust data-based practices. 

(PRNewsfoto/Paradigm)

“The addition of these senior leadership roles represents an essential step in Paradigm’s vision for strategic growth.”

“With Tom and Jason, we are fortunate to have found experienced executives for these critical new roles. Both leaders’ backgrounds and values closely align with Paradigm’s deep clinical expertise and mission to change lives,” said John Watts, Chief Executive Officer of Paradigm. “I’m looking forward to working closely with both Tom and Jason on key strategic initiatives that amplify Paradigm’s impact on the people we serve.”

Tom Mafale, Paradigm’s new Chief Growth Officer

Paradigm created the Chief Growth Officer position to focus on delivering new and existing products and services to a wider range of markets as part of the company’s strategic growth plan. Tom comes to Paradigm with more than 30 years of experience leading best-in-class health care organizations. His demonstrated leadership in driving rapid growth, while building and developing cross-functional teams, will strengthen Paradigm’s ability to innovate and evolve its products and services across markets.

“Paradigm is an exciting company, with a reputation for achieving outcomes that are unparalleled in the workers’ compensation industry,” said Mafale. “As I join a dynamic organization with an incredibly strong growth plan, I frankly can’t wait to get to work. Paradigm shares my commitment to a strong culture that values mentoring and cooperation, all to serve a larger purpose of improving lives and creating value.”

Most recently, Tom served as Executive Vice President, Chief Sales and Client Officer at HealthSmart, a Centene Company. There, Tom oversaw sales, account management, operations, and marketing for one of the largest third-party administrators in the country. Tom’s accomplished career has included senior leadership roles at top companies, including Aetna, UnitedHealthcare, and Centene. Across these roles, he developed a reputation as a seasoned sales, business development, and operations leader with a track record of successfully optimizing and enhancing sales performance, revenue growth, and strategic go-to-market strategies.

Tom holds a Bachelor of Science degree in Business Management from Fairfield University. He currently resides in Estero, Florida.

Jason Cooper, Paradigm’s new Chief Data and Analytics Officer

In his new role as Chief Data and Analytics Officer, Jason will be responsible for overseeing enterprise data and analytic initiatives to further Paradigm’s primary mission of achieving the best possible outcomes for complex and catastrophic injured patients and their families. Jason joins Paradigm with more than 20 years of experience in guiding the data strategy for leading health care organizations. His focus on data governance and clinical analytics will be a key asset as Paradigm continues to deliver an accountable care management model that leverages decades of proprietary clinical and outcomes data.

“I was drawn to Paradigm as a purposeful organization that takes an evidence- and data-based approach to maximizing outcomes for people in need of the highest levels of care,” said Cooper. “As the market leader for accountable care management, Paradigm is able to draw on a wealth of resources that includes 30 years of clinical and financial case data. I couldn’t be more excited to work with the senior leadership team, and the entire Paradigm ecosystem, to guide data and analytics initiatives throughout 2021 and beyond.”

Previously, Jason served as Senior Vice President, Chief Analytics and Engineering Officer for HMS, a leading provider of payment accuracy and population health management solutions to the broad health care market. In that role, he focused on evolving the organization around data governance, clinical analytics, client analytics and consulting, data science, and data visualization. Throughout his decades-spanning health care career, he has also held senior leadership positions for companies including Blue Cross and Blue Shield Plans, Cigna, and CVS.

Jason is a member of the Healthcare Information and Management Systems Society and the American Medical Informatics Association. He also serves on the advisory councils of the University of Iowa’s Tippie Analytics Cooperative and Montclair State University’s graduate Business Analytics program. Jason holds a master’s degree in Biomedical Engineering from Duke University and a master’s degree in Computer Science from West Virginia University. He currently resides in the New York City metropolitan area.

About Paradigm

Paradigm is an accountable specialty care management organization focused on improving the lives of people with complex and catastrophic injuries and diagnoses. The company has been a pioneer in value-based care since 1991, offering deep clinical expertise, high-value specialty networks, behavioral health support, payment integrity solutions, and robust data analytics to generate the very best outcomes for patients, payers, and providers.

Paradigm is headquartered in Walnut Creek, California, with offices across the U.S. For more information, please visit www.paradigmcorp.com.

Media contact
Ronda Clement
VP of Marketing
ronda.clement@paradigmcorp.com
(727) 488-9345

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SOURCE Paradigm

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