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Universal Life Selects Sapiens to Modernise its Core Systems

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Sapiens’ solution will accelerate Universal Life’s growth and efficiency

ROCHELLE PARK, N.J., April 15, 2025 /PRNewswire/ — Sapiens International Corporation (NASDAQ: SPNS)(TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that Universal Life (Unilife), a leading life and health insurer in Cyprus, has entered into a conditional agreement with  Sapiens CoreSuite for Life & Pensions with the scope and intent to modernise its core insurance processes and support its strategic growth initiatives.

The intended collaboration between Universal Life and Sapiens seeks to replace Universal Life legacy systems with a modern, scalable solution to enhance operational efficiency and accelerate product innovation. By leveraging the end-to-end capabilities of Sapiens CoreSuite, Universal Life aims to streamline policy administration, claims processing, and billing operations to optimise customer satisfaction and loyalty. Sapiens Cloud Services will provide the insurer with a secure, flexible, and high-performance infrastructure to support its growth.

“We have engaged Sapiens after a comprehensive evaluation process due to its strong presence in the region and its ability to deliver an advanced, fully integrated solution tailored to our modernisation needs,” said Evan Gavas, Universal Life CEO. “With Sapiens, we are confident in our ability to optimise efficiencies, improve agility, and continue delivering market-leading insurance solutions to our customers.”

“We are excited to have the opportunity to engage with Universal Life as they embark on this important transformation journey,” said Roni Al-Dor, Sapiens President and CEO. “Our core solution and cloud services will empower Universal Life to future-proof their operations, enhance customer engagement, and accelerate business growth in a dynamic insurance landscape.”

Sapiens CoreSuite for Life & Pensions is an end-to-end, SaaS solution with enhanced digital capabilities for the management of both individual and group life and pensions products.

About Universal Life (Unilife)

Incorporated as a private company in 1970, Universal Life was the first insurance company founded in Cyprus after the enactment of local insurance legislation. A member of the Photos Photiades Group, Universal Life is one of the most prominent life insurers in Cyprus and a leader in the accident and health insurance sector. The company is widely recognised for its reliability, professionalism, and customer-centric approach, with products distributed through a network of highly trained insurance agents. For more information, visit www.universallife.com.cy.

About Sapiens

Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global leader in intelligent insurance SaaS-based software solutions. With Sapiens’ robust platform, customer-driven partnerships, and rich ecosystem, insurers are empowered to future-proof their organizations with operational excellence in a rapidly changing marketplace. Our SaaS-based Solutions help insurers harness the power of AI and advanced automation to support core solutions for property and casualty, workers’ compensation, and life insurance, including reinsurance, financial & compliance, data & analytics, digital, and decision management. Sapiens boasts a longtime global presence, serving over 600 customers in more than 30 countries with its innovative offerings. Recognized by industry experts and selected for the Microsoft Top 100 Partner program, Sapiens is committed to partnering with our customers for their entire transformation journey and is continuously innovating to ensure their success. 

For more information visit https://sapiens.com or follow us on LinkedIn. 

Investor and Media Contact
Yaffa Cohen-Ifrah
Sapiens Chief Marketing Officer and Head of Investor Relations 
Email: Yaffa.cohen-ifrah@sapiens.com 

Forward Looking Statements

Certain matters discussed in this press release that are incorporated herein and therein by reference are forward-looking statements within the meaning of Section 27A of the Securities Act, Section 21E of the Exchange Act and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, that are based on our beliefs, assumptions and expectations, as well as information currently available to us. Such forward-looking statements may be identified by the use of the words “anticipate,” “believe,” “estimate,” “expect,” “may,” “will,” “plan” and similar expressions. Such statements reflect our current views with respect to future events and are subject to certain risks and uncertainties. There are important factors that could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to:  the degree of our success in our plans to leverage our global footprint to grow our sales; the degree of our success in integrating the companies that we have acquired through the implementation of our M&A growth strategy; the lengthy development cycles for our solutions, which may frustrate our ability to realize revenues and/or profits from our potential new solutions; our lengthy and complex sales cycles, which do not always result in the realization of revenues; the degree of our success in retaining our existing customers or competing effectively for greater market share; the global macroeconomic environment, including headwinds caused by inflation, relatively high interest rates, potentially unfavorable currency exchange rate movements, and uncertain economic conditions, and their impact on our revenues, profitability and cash flows; difficulties in successfully planning and managing changes in the size of our operations; the frequency of the long-term, large, complex projects that we perform that involve complex estimates of project costs and profit margins, which sometimes change mid-stream; the challenges and potential liability that heightened privacy laws and regulations pose to our business; occasional disputes with clients, which may adversely impact our results of operations and our reputation; various intellectual property issues related to our business; potential unanticipated product vulnerabilities or cybersecurity breaches of our or our customers’ systems; risks related to the insurance industry in which our clients operate; risks associated with our global sales and operations, such as changes in regulatory requirements, wide-spread viruses and epidemics like the coronavirus epidemic,  and fluctuations in currency exchange rates; and risks related to our principal location in Israel and our status as a Cayman Islands company.

While we believe such forward-looking statements are based on reasonable assumptions, should one or more of the underlying assumptions prove incorrect, or these risks or uncertainties materialize, our actual results may differ materially from those expressed or implied by the forward-looking statements. Please read the risks discussed under the heading “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2023, to be filed in the near future, in order to review conditions that we believe could cause actual results to differ materially from those contemplated by the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our expectations.

 

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Dinto Solar Earns Thailand’s First Mandatory TISI Certification for HJT PV Module Makers

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24 minutes ago

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November 9, 2026

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BEIJING, Nov. 9, 2026 /PRNewswire/ — Dinto Solar, a global pioneer in heterojunction (HJT) technology, has earned mandatory certification from the Thai Industrial Standards Institute (TISI) for its solar modules. The company is among the first photovoltaic (PV) module makers worldwide to qualify under Thailand’s new requirements and the first dedicated HJT module maker to receive the certification.

Thailand’s compulsory safety requirements for crystalline silicon PV modules took effect on October 30, 2026. Modules imported for sale must comply with the applicable Thai standard and be covered by a TISI license. The approval strengthens Dinto Solar’s readiness to serve local customers as regulatory compliance becomes essential to market access.

Certification was granted under TIS 61730 Part 2-2567, aligned with IEC 61730-2:2023, covering electrical insulation, fire safety and mechanical strength. TISI auditors inspected Dinto Solar’s manufacturing facilities in Longgang and Suining, China, reviewing quality management, production controls, supply chains and traceability. The company’s modules, developed and manufactured in-house, passed the assessment on the first application.

The certified portfolio spans 33 power ratings from 455 W to 770 W, supporting residential rooftops, commercial and industrial (C&I) installations and utility-scale solar plants. This range gives Thai developers and engineering, procurement and construction (EPC) contractors greater flexibility in product selection and system design.

For businesses with limited rooftop space, HJT’s high efficiency supports greater power generation per square meter. Dinto Solar’s G12-132 module features a superior temperature coefficient of −0.24%/°C to limit heat-related power loss. Butyl sealing and coated dual glass further improve moisture resistance and durability, supporting reliable energy yield in Thailand’s hot, humid climate.

JJ Energy Company Limited, Dinto Solar’s exclusive partner in Thailand, holds the local import licenses. The companies’ 2026–2027 agreement, announced in September, includes an initial 30 MW order for G12-132 HJT modules for Thai C&I rooftops. Certification enables the partners to advance import arrangements, customs clearance and distribution in preparation for delivery.

With certified products and local market capabilities in place, Dinto Solar is strengthening its position in Thailand while expanding its presence across Southeast Asia. The company will continue working with regional partners to bring high-efficiency HJT solutions to more projects, focusing on reliable performance, long-term energy yield and customer value.

Website: www.dintosolar.com
Follow “Dinto Solar” on LinkedIn and Facebook for more heterojunction updates.

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SOURCE Dinto Solar

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Fibocom Showcases U6G-Capable FWA and PCBA-Level Solutions at MWC Doha 2026

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November 9, 2026

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DOHA, Qatar, Nov. 8, 2026 /PRNewswire/ — At MWC Doha 2026, Fibocom is showcasing its 5G and 5G-Advanced broadband portfolio, featuring FG390, FG370 and FG670 modules alongside PCBA-level solutions for indoor units (IDUs), outdoor units (ODUs), MiFi devices and 5G dongles. The portfolio addresses diverse network and device requirements across global markets, as commercial Upper 6 GHz (U6G) deployment in the Middle East opens new opportunities for next-generation FWA.

U6G Progress Meets Device-Side Readiness

In the UAE, e& UAE has launched a commercial U6G network, while du has announced end-to-end U6G connectivity using commercially available CPE equipment. These developments highlight the growing demand for FWA devices capable of taking advantage of new spectrum.

Responding to this market development, Fibocom is showcasing the U6G-enabled version of FG390, supporting NR n104 and cross-band carrier aggregation with Sub-6 GHz. It provides a connectivity option for OEMs developing next-generation CPEs, ODUs and enterprise gateways.

For existing Sub-6 GHz deployments, FG370 and FG670 offer additional choices to meet different FWA performance, hardware configuration and cost requirements.

From Wireless Modules to PCBA-Level Solutions

Beyond wireless modules, Fibocom provides PCBA-level solutions for IDUs, ODUs, MiFi devices and 5G dongles, helping OEMs simplify board-level design and integration and accelerate product development.

For portable connectivity with moderate data-rate requirements, 5G RedCap MiFi solutions based on RU311 and FG132 balance bandwidth, power consumption and cost, while also supporting 4G LTE connectivity.

Fibocom’s engineering capabilities are backed by commercial deployment experience. In a previously announced Nordic operator project, a customer won an operator tender with its FG370-based Wi-Fi 7 CPE and subsequently delivered the devices in volume. Fibocom contributed to the 18-antenna design and system integration, helping address complex hardware design and integration challenges.

By combining wireless modules, PCBA-level solutions and proven engineering experience, Fibocom supports OEMs in developing broadband devices for current network deployments while preparing for the next phase of FWA evolution.

About Fibocom 

Fibocom, founded in 1999, is China’s first wireless communication module company listed on both the A-share and H-share markets. Fibocom leverages wireless communication and artificial intelligence as its core technologies to provide integrated hardware and software solutions that empower industry applications. These solutions accelerate the transformation from “Connect Everything” to “Intelligent Connectivity” across diverse industries.

Fibocom’s one-stop solutions encompass cellular communication, AI, automotive, and GNSS modules, as well as AI toolchains, supporting industry-side and mainstream large model integration, and providing AI Agent, global connectivity, and cloud services, driving the digital intelligence upgrades in industries such as robotics, consumer electronics, low-altitude economy, intelligent transportation, smart retail, and smart energy.

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SOURCE Fibocom

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Xinhua Silk Road: Overseas media representatives visit Xiaomi’s smart auto factory in Beijing

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November 9, 2026

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BEIJING, Nov. 8, 2026 /CNW/ — On November 6, media representatives from various countries and regions visited Xiaomi’s smart auto factory in southeast Beijing, exploring firsthand Xiaomi’s achievements in NEV R&D, intelligent manufacturing and ecosystem innovation.

After the tour, Marcos Costa de Oliveira, editor-in-chief of Brazil’s Monitor Mercantil newspaper, said he is a lover of Xiaomi stuff, and Xiaomi cars are beautifully designed and useful too.

Xiaomi’s greatest advantage is its ability to combine innovative technology, attractive design and impressive performance, said Tamas Kovacs, CEO of ATV Hungary.

Covering an area of approximately 718,000 square meters, the factory is a modern smart manufacturing campus for Xiaomi NEVs that integrates R&D, production, sales and customer experience.

The factory has upgraded traditional auto-making processes to six tailored to NEV production, with 100 percent automation achieved in key processes. More than 700 robots work in coordination across the production lines while artificial intelligence (AI) technologies are employed to significantly improve quality inspection accuracy.

“I was particularly impressed by the extensive use of robotics, automation and artificial intelligence throughout the manufacturing process,” said Kovacs. “Xiaomi’s manufacturing capabilities demonstrate China’s remarkable progress in industrial innovation.”

The interactive demonstration of Xiaomi’s human×car×home smart ecosystem was another highlight of the tour. The ecosystem allows users to remotely control smart home devices directly from their vehicles through voice commands or preset scenarios, enabling seamless connectivity across different living scenarios.

Yasiru Bandara Ranaraja, founding director of Belt & Road Initiative Sri Lanka, said Xiaomi is very innovative and gives the whole solution of the car for controlling all electronics.

Such ecosystem is one of the most innovative achievements of Xiaomi, said Kovacs. “I believe this integrated approach represents an important direction for the future of transportation.”

When asked about Xiaomi’s plan to go global, many guests expressed hopes to see Xiaomi vehicles sold in their own countries. Agnes Kalekye Nguna, CEO of Kenya Broadcasting Corporation, said NEV plays a significant role in environmental conservation and promoting utilization of clean energy in Africa. “Come to Africa, we are waiting for you!”

The tour was one of the events held during the 7th World Media Summit running on November 5-9 in Beijing, which gathered nearly 500 guests from mainstream media, think tanks, government departments and international organizations across 112 countries and regions.

Original link: https://en.imsilkroad.com/p/352895.html

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SOURCE Xinhua Silk Road

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