Category Archives: News

SUSS enters Wafer-Cleaning Market with launch of GreenTec Solutions Product Line and first GT200 System

• Product portfolio expansion into growing wafer-cleaning market driven by advanced packaging applications
• GreenTec Solutions enable sustainable wafer cleaning with reduced chemical consumption and without hazardous acids
• Proven TurbulenStrip™¹ and CrustBuster™² technologies extend established SUSS expertise from photomask processing to wafer-level production
• GT200 is the first GreenTec Solutions platform, addressing 200 mm process development, qualification, and production applications
• Scalable roadmap from R&D and qualification to 200 mm and 300 mm high-volume manufacturing

GARCHING, Germany, Oct. 6, 2026 /PRNewswire/ — SUSS MicroTec SE (MDAX/TecDAX: SMHN), a leading supplier of equipment and process solutions for the semiconductor industry, today announces its entry into the wafer-level cleaning market with the launch of the new GreenTec Solutions product line and the introduction of its first system, the GT200.

The launch expands SUSS’ technology portfolio into the growing wafer-cleaning market, which today represents an addressable market of approximately €5.4 billion³ and is driven by advanced packaging, heterogeneous integration and increasing semiconductor demand from AI and high-performance computing applications.

“GreenTec Solutions marks an important milestone in the execution of our Ambition 2030 strategy. By expanding into wafer-level cleaning, we are entering an attractive market with significant long-term growth potential while leveraging proven technologies and process expertise from our existing portfolio. Our differentiated approach combines strong cleaning performance, significantly lower chemical consumption and the elimination of hazardous acids. This creates tangible benefits for customers and positions SUSS for future growth in advanced semiconductor manufacturing,” says Burkhardt Frick, Chief Executive Officer of SUSS.

Proven SUSS technology as a competitive differentiator addressing ESG-needs of the semiconductor industry

At the core of the portfolio is a hybrid cleaning approach that combines the proven SUSS process technologies TurbulenStrip™ and CrustBuster™ from the Photomask Solutions segment in a single platform. TurbulenStrip™ incorporates lower-impact batch soaking and single-wafer handling for efficient resist and residue removal, while CrustBuster™ utilizes patented in-situ UV technology to break down and remove organic materials directly at the wafer surface in a single-wafer process chamber. Together, these technologies enable highly efficient residue removal and process stability while helping customers reduce chemical consumption, support their sustainability targets, and lower overall cost-of-ownership.

The GT200 is specifically designed for research and development, process qualification, and production in 200 mm manufacturing environments for MEMS⁴, RF⁵, Power Device and CMOS⁶ applications. In addition to equipment supply, SUSS supports customers through joint evaluation programs, process co-development and recipe optimization services to accelerate adoption, improve process stability and de-risk technology transfers ahead of volume production ramps.

Clear roadmap toward high-volume manufacturing

Following SUSS’ strategic approach, all platforms of the GreenTec Solutions product line are designed with a focus on a high degree of modularization and standardization with the GT200 serving as the first member of a scalable GreenTec platform. SUSS will expand its portfolio toward high-volume manufacturing (HVM) with a dedicated 300 mm HVM platform in 2027.

“The GreenTec Solutions product line represents our vision for the next generation of semiconductor manufacturing—where sustainability and process excellence go hand in hand. We are building on decades of experience in demanding photomask applications and transferring this expertise now into eco-friendly wafer-level manufacturing. Together with customers and partners, we develop process solutions that support the next generation of microelectronics with a clear focus on reliability, innovation, and responsible resource use. Due to the strong interest from our customers, we are pulling in the launch of a 300 mm HVM solution,” explains Yuta Nagai, Senior Vice President Photomask Solutions at SUSS. A 200 mm HVM platform will follow in 2028. This provides customers with a clear migration path from evaluation to full-scale production.

Please find more information about the GT200 at https://www.suss.com/en/products-solutions/greentec-solutions/wafer-cleaning/gt200 

Meet SUSS at SEMICON West 

Discover the latest developments in wafer-level cleaning and join our Product Deep Dives at SEMICON West.

Register now: https://www.suss.com/en/company/events/semicon-west 

¹ TurbulenStrip™ is a trademark of SUSS MicroTec SE

² CrustBuster™ is a trademark of SUSS MicroTec SE

³ Source: SUSS Research, Yole

⁴ Micro-Electro-Mechanical Systems

⁵ Radio Frequency

⁶ Complementary metal–oxide–semiconductor

Contact

Sabrina Müller

Vice President Investor Relations & Communications

sabrina.mueller@suss.com

+49 160 94989008

www.suss.com

About the GT200

The GT200 is an eco-friendly manufacturing solution for wafer cleaning and stripping processes. It combines photoresist removal, surface activation, and final cleaning in one configurable platform, helping fabs reduce tool fragmentation, simplify process flows, and improve operational efficiency.

By combining greener process media with advanced technologies adapted from proven solutions developed by SUSS’s Photomask Solutions business unit, the GT200 supports shorter process learning cycles, reduced EHS exposure, and lower chemical consumption and hazardous waste generation — without compromising process performance. Its flexible hybrid concept consolidates multiple cleaning and stripping steps, reducing wafer transfers and toolset complexity.

SUSS supports customers throughout implementation with co-development, recipe tuning, and a structured Joint Evaluation Program. This helps accelerate adoption, strengthen process stability, and transfer process know-how from pilot and qualification phases into high-volume manufacturing.

About SUSS

SUSS is a leading global provider of equipment and process solutions for the semiconductor industry. Focused on cutting-edge technology and precision engineering, we enable the production of next-generation microchips and semiconductor devices that power digital progress. Developed in close collaboration with research institutes and industry partners, our solutions fuel the AI and high-performance computing ecosystem and shape the future of intelligent devices and applications worldwide.

Headquartered in Garching, Germany, SUSS has approximately 1,500 employees worldwide and recently generated sales of approximately €500 million. We operate production sites in Germany and Taiwan and development centers in Europe, Asia, and the US, supported by a strong network of sales and service offices with close proximity to our customers. SUSS MicroTec SE is listed on the Frankfurt Stock Exchange (Prime Standard, FWB: SMHN; ISIN DE000A1K0235) and is part of the TecDAX and MDAX indices. For more information, visit www.suss.com.

Legal Disclaimer

Certain statements made in this release are forward-looking statements or may be construed as such. All information and assessments are based on extremely diligent research. However, this publication is made without a warranty. Any liability is excluded. The above statements do not constitute an offer to buy or sell securities. All rights reserved.

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In the presence of Mansour bin Zayed etisalat launches project to expand digital infrastructure within the UAE and abroad to increase international connectivity to more than 500 Tbps by 2030

More than 500 Tbps of international connectivity is 25 times today’s capacity

ABU DHABI, UAE, Oct. 6, 2026 /PRNewswire/ — His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, today witnessed the launch of etisalat’s strategic project to develop and expand digital infrastructure capacity within the UAE and abroad, enhancing the country’s readiness for the increasing demands of AI and strengthening its position on the global digital stage.

His Highness, in his capacity as Chairman of the Emirates Investment Authority (EIA), the main shareholder in etisalat group, was briefed on the group’s plans and future projects to develop digital infrastructure crucial to meeting accelerated growth in AI technologies and the digital economy.

The project includes plans to expand international connectivity capacity to more than 500 terabits per second (Tbps) by 2030, an increase of over twenty-five times of the current capacity, in addition to developing diverse routes designed to enhance connectivity efficiency and reliability, delivering advanced, low-latency performance.

His Highness Sheikh Mansour bin Zayed Al Nahyan emphasised the importance of investing in digital infrastructure as a fundamental pillar for supporting emerging technologies and enabling a knowledge-based, innovation-driven economy. His Highness also stressed the importance of coordinated national efforts and the role of national institutions in advancing the UAE’s AI ambitions and digital economy.

His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, said: “The UAE continues to invest in building advanced digital infrastructure, guided by its vision for the future and its belief that readiness for what comes next starts with having the enablers that support economic growth, accelerate innovation and strengthen the country’s global competitiveness.

His Highness added: “AI is a central pillar in our development journey moving forward and developing our digital capabilities creates the ecosystem needed to harness its potential and ensure that every institution in this country, public and private, are empowered to build and innovate with AI, at the scale the coming decade will demand, with absolute confidence in the efficiency of the infrastructure beneath it.”

His Highness concluded that the UAE’s ambition extends beyond merely keeping pace with technological transformations. The country aspires to actively contribute to the creation and development of these technologies, noting that high-impact projects in digital infrastructure enhance the country’s readiness for the future and cement its position as a global hub for advanced technology and AI.

His Highness Sheikh Mansour bin Zayed Al Nahyan also witnessed the launch of etisalat’s 50th anniversary celebrations, unveiling the group’s new vision to become a leading AI-powered and enabling telco as it steps forward under ‘etisalat’ – the name trusted by its customers for fifty years.

This project is the group’s first major commitment under its new strategy, which is built around four business engines: telco, AI and business solutions, infrastructure, and fintech.

His Excellency Jassem Mohamed Bu Ataba Alzaabi, Chairman of etisalat group, said: “This project reflects our conviction that the UAE should not simply adopt AI, but govern it and build with it. That requires digital infrastructure at a scale that would prepare us for the future.”

His Excellency added: “Moving international connectivity from 20 terabits per second to more than 500 is a strategic step to address the growing challenges facing global data processing and data flow, particularly given the tremendous advancements in AI, and enhances the flexibility and reliability of the infrastructure to meet the requirements of UAE’s AI campuses, global cloud providers, and the group’s operations and customers across its markets. Delivered through diversified routes and low-latency design, the project is set to keep the country’s connection to the global digital economy fast, direct and resilient, while ensuring the UAE’s digital sovereignty.”

His Excellency concluded: “This is the same commitment that has guided this group for fifty years. We marked that anniversary this week by setting out what the next era asks of us, and this project is our answer. In every generation of technology, etisalat has built the infrastructure the nation depends on, ensuring high flexibility and resiliency across all our markets. AI is the defining technology of this generation, and the principle has not changed.”

etisalat group operates across 38 countries and serves more than 250 million subscribers, giving the project reach well beyond the UAE and connecting national infrastructure directly to the global digital ecosystem.

The project also supports the UAE’s ambition to become a global hub for advanced technology and AI, reinforcing the nation’s digital competitiveness and enabling public and private institutions to deploy AI at scale with confidence in the infrastructure that carries it.

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Odisha Swelters in October Heat as Puri, Paradeep, Bhubaneswar Record Near-Record Temperatures

Bhubaneswar, Oct. 6 (UDN): Unseasonal heat continued to grip several parts of Odisha, with Puri, Paradeep and Bhubaneswar recording exceptionally high temperatures for October, according to data released by the India Meteorological Department (IMD).

 Representational Image 

The unusual rise in mercury has made the beginning of October significantly warmer than normal across several coastal and central parts of the state.

Puri Records Second-Highest October Temperature

Puri recorded a maximum temperature of 36.6°C on October 5, making it the second-highest October temperature ever recorded in the coastal city since systematic meteorological records began in 1896.

The reading highlights the unusual intensity of the heat in a month when temperatures generally begin to moderate following the monsoon season.

Paradeep Also Nears October Record

The coastal port town of Paradeep was another major hotspot, recording a maximum of 36.5°C.

According to IMD records, the temperature ranks as the second-highest October maximum recorded in Paradeep since observations began there in 1969.

Bhubaneswar Sees Fifth-Highest October Heat

The state capital Bhubaneswar also remained unusually hot, with the maximum temperature reaching 35.8°C on Monday.

The IMD data shows that this is the fifth-highest October maximum temperature recorded in the city since 1952.

Coastal Odisha Under Persistent Heat

The latest readings indicate that the heat has remained unusually intense across parts of coastal and central Odisha even in the first week of October.

With several locations recording temperatures among their highest ever for the month, the IMD observations point to an unusually warm start to October across the state.

Residents in affected areas are advised to remain cautious during peak afternoon hours, particularly while the unusual heat conditions persist.

Piramal Pharma Solutions Launches New Microbiology Laboratory at Its Lexington, KY Sterile Injectable Facility

• The new microbiology laboratory and sterility testing suite are designed for GMP drug product applications.
• This addition is part of the broader Lexington expansion and includes a dedicated sterility testing isolator, three new biosafety cabinets, and enhanced laboratory capacity.
• The remainder of the expansion, including commercial-scale fill/finish, is expected to be online in late 2027.

MUMBAI, India, Oct. 6, 2026 /PRNewswire/ — Piramal Pharma Solutions (“PPS”), a leading global Contract Development and Manufacturing Organization (CDMO) and part of Piramal Pharma Ltd. (“PPL”) (NSE: PPLPHARMA) (BSE: 543635), has opened a new microbiology laboratory at its sterile injectable facility in Lexington, Kentucky. This addition marks a significant step forward in PPS’ ongoing $85 million Lexington expansion, aimed at enhancing commercial-scale capabilities and improving operational efficiency. The new laboratory was released for routine GMP use on September 11, 2026, and shortly thereafter, its new sterility testing suite was conditionally approved, making the lab one of the first major components to come online in the expansion. The full manufacturing expansion is expected to be operational in late 2027.

The new lab more than triples the site’s existing microbiology testing space, supporting improved laboratory workflow and providing additional capacity to accommodate future growth. The added space features three new biosafety cabinets, allowing PPS to run concurrent tests and reduce sample queue times. All incubators have also been consolidated within the new lab, further streamlining workflow and improving monitoring and accessibility across testing activities.

A key element of the lab is a dedicated sterility testing suite with a Grade C background environment, representing a major upgrade from the previously non-classified area. At its center is a fully integrated, Grade A sterility testing isolator that doubles the site’s sterility testing capacity and allows multiple samples to be processed simultaneously. By supporting both open and closed filtration methods, the new isolator provides greater flexibility to meet a wider range of product testing requirements. The area also includes built-in pass-throughs to move samples directly from the manufacturing floor to the lab, reducing contamination risk and protecting product integrity.

These enhancements are expected to reduce testing times by up to 50%, accelerating batch releases, minimizing bottlenecks, and smoothing transitions as programs move from clinical to commercial stages. The new infrastructure also reinforces the site’s contamination control and sterility assurance capabilities, while the added capacity reduces supply risk and prepares the site for commercial-scale demand. 

“The new microbiology laboratory represents an important milestone in our Lexington expansion journey,” said Nathan Richardson, VP and Site Head, Piramal Pharma Solutions Lexington. “By enhancing sterility testing and microbiological quality capabilities, we are further strengthening our ability to support clients with high quality, reliable, and responsive services throughout the product life cycle. This investment reflects our continued commitment to operational excellence, patient safety, and the future growth of sterile injectable manufacturing in Lexington.”

The new microbiology lab solidifies PPS’ position as a leader in sterile injectables, empowering Lexington to deliver high quality, reliable, and patient-focused services to small molecule, bioconjugate, and peptide modality clients worldwide.

About Piramal Pharma Solutions

Piramal Pharma Solutions (PPS) is a Contract Development and Manufacturing Organization (CDMO) offering end-to-end development and manufacturing solutions across the drug life cycle. We serve our customers through a globally integrated network of facilities in North America, Europe, and Asia. This enables us to offer a comprehensive range of services including drug discovery solutions, process and pharmaceutical development services, clinical trial supplies, commercial supply of APIs, and finished dosage forms. We also offer specialized services such as the development and manufacture of highly potent APIs, antibody-drug conjugations, sterile fill/finish, peptide products and services, and potent solid oral drug products. PPS also offers development and manufacturing services for biologics including vaccines and gene therapies, made possible through Piramal Pharma Limited’s subsidiary, Yapan Bio Private Limited.

For more information visit: Piramal Pharma Solutions | LinkedIn| Facebook | X

About Piramal Pharma Limited

Piramal Pharma Limited (PPL) (NSE: PPLPHARMA) (BSE: 543635), offers a portfolio of differentiated products and services through its 17 global development and manufacturing facilities and a global distribution network in over 100 countries. PPL includes Piramal Pharma Solutions (PPS), an integrated contract development and manufacturing organization; Piramal Critical Care (PCC), a complex hospital generics business; and the Piramal Consumer Healthcare business, selling over-the-counter consumer and wellness products. In addition, one of PPL’s associate companies, Abbvie Therapeutics India Private Limited, a joint venture between Abbvie and PPL, has emerged as one of the market leaders in the ophthalmology therapy area in the Indian pharma market.

For more information, visit: Piramal Pharma | LinkedIn

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Professor Vladimir Obradović Unanimously Elected President of IPMA World

ZADAR, Croatia, Oct. 6, 2026 /PRNewswire/ — Professor Vladimir Obradović has been unanimously elected President of the International Project Management Association (IPMA World).

Obradović takes over the position after serving as Vice President of IPMA, where he was involved in the organisation’s international activities and development.

As part of the new leadership team, Tim Jaques (United States) and Giovanni Pisano (Italy) were elected Vice Presidents of IPMA, while professor Mladen Vukomanović (Croatia) was elected Chair of the IPMA Council of Delegates.

IPMA is entering a new phase of global development, aimed at increasing its real-world impact and international visibility by building on the expertise of its Member Associations worldwide.

A key part of this work will focus on strengthening project management capabilities in the private sector, while working with governments and public institutions to improve how major infrastructure and development projects are planned, managed and delivered.

“Sustainability and artificial intelligence will be important priorities as IPMA seeks to support the global project management community by shaping the furure of the profession” said Professor Vladimir Obradović.

Obradović is a professor at the Faculty of Organizational Sciences, University of Belgrade, with extensive academic and professional experience in project and programme management and a long-standing involvement in IPMA’s international activities.

About IPMA

The International Project Management Association (IPMA) is a global federation of more than 70 national Member Associations, including organisations from the United States, Germany, China, the United Kingdom, France, Italy, Japan, India, Canada and Australia, focused on advancing professional standards, competencies and practices in project, programme and portfolio management worldwide.

vladana.stepanovic@ipma.world

m.velasquez@mcgroup.com

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ServiceNow launches AI Workflow Factory to turn workflow improvement into a continuous, agentic AI-powered loop

India’s partner ecosystem to deploy new autonomous coding to scale global development 

MUMBAI, India, Oct. 6, 2026 /PRNewswire/ — ServiceNow (NYSE: NOW), the Super Intelligence Control Tower for business reinvention, today announced AI Workflow Factory and Autonomous Engineer solutions that discover where AI can improve work and deliver one unified way to build and run, and extend AI workflows across the enterprise to directly address the execution gaps caused by fragmented, legacy infrastructure.

Enterprises can use AI Workflow Factory and Autonomous Engineer solutions to scale business operations in days, not months, all while being governed by AI Control Tower. 

Announced in India at World Forum Mumbai, the news reinforces India’s role as one of the key markets for governed, enterprise-wide AI transformation. ServiceNow’s partner ecosystem in India is adopting AI Workflow Factory and deploying new developer capabilities including unattended coding for autonomous planning, building, and testing of implementation work with ServiceNow’s Autonomous Engineer. Developers get access to everything they need in one place to scale delivery, while retaining control of critical decisions.

“The next phase of AI demands connected execution, not fragmented solutions,” said Bhaskar Babu, ServiceNow Business Group India lead, Accenture. “ServiceNow’s AI Workflow Factory is designed to help organizations build and sustain AI automation across the applications and systems they already use. For our clients, this can help bridge the gap between AI investment and measurable business outcomes, while maintaining the visibility and governance needed to extend AI across the organization.”

“We are helping enterprises embrace systems of cognitive work where AI agents, enterprise knowledge and workflows come together with people driving direction and governance,” said Anant Adya, EVP and Co-Head, Cloud, Infrastructure and Security, Infosys. “ServiceNow’s AI Workflow Factory and Autonomous Engineer, together with Infosys Topaz and Infosys Cobalt, help enterprises move from isolated AI initiatives toward secure, scalable and continuously improving intelligent systems.” 

One platform, one governed loop with AI Workflow Factory

Instead of starting a new transformation project each time a business problem surfaces, every outcome helps reveal the next opportunity for multi-process improvement with AI Workflow Factory – a continuous workflow improvement loop to deliver repeatable AI transformation. The loop connects:

• Process Mining – identifying which business processes should change, tied to the KPIs that business units measure
• Autonomous Engineer and Build Agent – helping teams to build new workflow improvements and control quality
• App Engine – to run the new, improved workflows, safely at scale

The business challenge could be to increase case deflection by 20 percent across several business units. Traditionally, an organisation would need to put together a mature case deflection team, and pilot in one business unit, before moving to the next. With AI Workflow Factory, the outcome leads the process. Process Mining shows where cases can be deflected today, then the ‘factory’ builds the workflows, AI agents roll them out across the business units in tandem and continue to refine this process against the listed outcome, all within the guardrails you set in AI Control Tower. Your developers, strategists, UX designers and product operators move off the build and on to the next innovation for your business.

People still set the direction and approve the outcome, while AI moves more of the work forward at scale, with the ServiceNow AI Control Tower enabling enterprises to govern AI assets throughout the loop.

“Customers in India and around the world are no longer asking whether AI can improve the business — they are asking how fast they can turn that improvement into measurable outcomes, safely and at scale,” said Amit Zavery, President, Chief Operating Officer and Chief Product Officer, ServiceNow. “AI Workflow Factory brings the full cycle of reinvention onto the ServiceNow platform, so teams can move from idea to impact continuously, with control and governance built into every step.”

Move faster without giving up control

As AI takes on more work, enterprises need to maintain visibility and control, especially in regulated industries. AI Control Tower governs the workflows, decisions, and agent actions running through AI Workflow Factory. For enterprises in regulated sectors such as BFSI and telecommunications, ServiceNow India’s data centers provide resilience, auditability, and the oversight required to put AI to work responsibly.

Why this matters for India 

India’s enterprises are operationalizing AI faster than the global average, and enterprise AI investment grew 119% in a single year, one of the strongest showings among the markets ServiceNow surveyed in its 2026 Enterprise AI Maturity Index. The gap isn’t ambition or pace. It’s turning that speed into governed, connected execution: closing legacy integration gaps and containing the ‘solutions sprawl’ the same research flags as a top risk. That’s the specific problem AI Workflow Factory is built to close.

Connecting the enterprise with ServiceNow

Build applications and AI agents with ServiceNow, along with any AI development tools your teams also use, then run and scale them with the ServiceNow AI Platform under one governance model and one audit trail. Through Action Fabric, AI Workflow Factory extends that same governed loop to third-party AI agents and tools. The result is choice without sacrificing control and the AI Control Tower brings one governed view for the enterprise.

Availability: AI Workflow Factory is globally available today. Autonomous Engineer Early Access is available on request.

Media Contact

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OCI N.V. statement regarding correspondence from the Dutch association for retail investors (VEB)

AMSTERDAM, Oct. 6, 2026 /PRNewswire/ — OCI Global N.V. (“OCI”) (Euronext: OCI) OCI N.V. today publishes the letter received from the Dutch association for retail investors (VEB) dated 18 September 2026, and OCI’s response dated 1 October 2026. The correspondence relates to certain aspects of the NNS offer memorandum and the proposed transaction involving OCI and Orascom Construction, including: (i) the waiver provision applicable to tendering shareholders;  (ii) arrangements relating to Dutch dividend withholding tax; and (iii) the conditions remaining to completion of the OCI/Orascom transaction.

OCI remains committed to providing shareholders with timely and transparent information regarding the NNS Offer and the proposed OCI/Orascom transaction.

Annexes 

VEB letter to OCI – Dutch (18 September 2026)

VEB letter to OCI – English Machine Translation (18 September 2026)

OCI letter to VEB – (1 October 2026)

ABOUT OCI GLOBAL

Learn more about OCI at www.oci-global.com. You can also follow OCI on LinkedIn.

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Elliott Management Statement on L’Air Liquide S.A.

LONDON, Oct. 6, 2026 /PRNewswire/ — Elliott Investment Management L.P. and Elliott Advisors (UK) Limited (“Elliott”), which advise funds that together hold a significant economic interest in L’Air Liquide S.A. (“Air Liquide” or the “Company”), today issued the following statement in connection with the Company’s 2026 Capital Markets Day:

“Elliott welcomes the value-creating initiatives announced on Monday as part of Air Liquide’s new strategic plan, including its target to improve margins by 400 to 600 basis points by 2030 and its first-ever large share buyback, which we believe should start immediately. The Company’s targets for annual growth of 5% in revenue and 10% in EPS through 2030 highlight the strength of its business and the opportunities in AI, electronics, healthcare and space.

We view these announcements as a positive first step, with targets that reflect the Company’s traditionally prudent approach and leave room for significant outperformance. Elliott looks forward to continued constructive dialogue with Air Liquide as the Company works to close the margin and valuation gaps with peers and create long-term shareholder value.”

About Elliott

Elliott Investment Management L.P. (together with its affiliates, “Elliott”) manages approximately $80.3 billion of assets as of June 30, 2026. Founded in 1977, it is one of the oldest funds under continuous management. The Elliott funds’ investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm.

Media Contacts:

London

Alice Best

Elliott Advisors (UK) Limited

T: +44 20 3009 1715

abest@elliottadvisors.co.uk 

Paris

Steele & Holt

Daphné Claude / Laura Barkatz

T: +33 6 66 58 81 92 / +33 6 58 25 54 14

elliott@steeleandholt.com 

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MTCM Launches Talea DRN: One Private-Market-Note, Two Rails, for Arrangers and Investors, with Bank Frick as Digital-Asset-Partner and Paying-Agent

Talea DRN lets arrangers issue one note reaching traditional and digital investors, fully fungible under one audit, with Bank Frick, Europe’s blockchain-banking pioneer, as digital-asset partner.

LUXEMBOURG and BALZERS, Liechtenstein, Oct. 6, 2026 /PRNewswire/ — MTCM Securitization Architects today launched Talea DRN, a Luxembourg securitization note issued in two forms from the same audited compartment: a traditional ISIN security and a digital token. Investors hold the same note, same collateral, same rights, in whichever form suits them.

How it works. Both forms are the same note, not a synthetic copy or separate instrument. MTCM does not tokenize an existing security, it represents the note itself as a token, fully fungible with the ISIN. Investors can switch forms without changing the note’s denomination or legal rights, and subscribe in fiat, crypto or stablecoin.

For arrangers: no longer choosing between a traditional issuance and a tokenized one: Talea DRN structure reaches banks and institutions through Clearstream/Euroclear, and digital-native, international investors through the token.

The name. Talea is Latin for a rod or cutting. For centuries, debts were recorded on tally sticks split into two matching halves, one for creditor, one for debtor. Talea DRN carries that idea forward: one note, two forms, one right.

“Investors shouldn’t have to choose between the system they trust and the technology they want,” said Pedro Herranz, Managing Partner and Group CEO, MTCM. “Talea DRN gives them one note in two forms: traditional settlement and custody, or the speed and reach of digital. For arrangers, that means a much wider investor-base.”

“We value our collaboration with MTCM. By combining their securitization expertise with our experience in capital markets and digital assets, we support issuers operating across traditional and digital infrastructure” said Roman Wildhaber, Head of Capital-Market-Solutions, Bank Frick.

Each compartment is ring-fenced, bankruptcy-remote and independently audited under Luxembourg securitization law, giving arrangers wider distribution and investors access anywhere.

More on how the structure works: https://mtcm.ch/securitization/talea-dual-rail-note/

About MTCM Securitization Architects

MTCM is an independent, self-administered Luxembourg securitization platform with over €2.5 billion in capital under service. Make any asset bankable.

About Bank Frick

Bank Frick is a regulated bank based in Liechtenstein, providing banking and capital market services to financial intermediaries, asset managers and issuers. Services include Paying Agent services, digital-asset custody and trading, issuer services for ETPs, actively managed certificates (AMCs) and private market certificates.

www.mtcm.ch

www.bankfrick.li

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V-Key Announces Strategic Majority Investment in CloudsineAI to Advance AI Safety and Security for the AI Economy

SINGAPORE, Oct. 6, 2026 /PRNewswire/ — V-Key, a Tower Capital Asia (“TCA”) portfolio company and a leading provider of digital identity and Mobile Application Protection & Security (“MAPS”), today announced a strategic investment in Singapore-based CloudsineAI, a provider of AI cybersecurity and web integrity protection.

The investment advances V-Key’s strategy to address the evolving safety, identity, and security requirements of the AI economy. By integrating V-Key’s expertise in trusted digital identity and cryptographic protection with CloudsineAI’s AI cybersecurity capabilities, already adopted by private and public sector organisations, the companies aim to provide trusted infrastructure for secure AI adoption and the next generation of digital interactions.

As organisations accelerate digital transformation and AI adoption, AI safety is becoming an increasingly important priority for governments and enterprises. Security must now extend beyond authenticating human users to securing applications, AI agents, and other non-human actors that initiate transactions and access systems.

V-Key and CloudsineAI bring together complementary strengths spanning trusted identity, agentic security, and governance. Together, they enable organisations to establish verifiable identities, safeguard digital interactions, and maintain accountability across critical business processes.

“This strategic investment reflects our conviction that identity will become the control layer for the AI economy,” said Joseph Gan, Co-Founder and CEO of V-Key. “As organisations deploy AI agents alongside human users, AI safety requires more than authentication. Trusted identity, governed access, secure digital interactions, and verifiable accountability will be critical. By combining V-Key’s expertise in identity management and application security with CloudsineAI’s strengths in agentic cybersecurity, we are building the trust infrastructure for secure and responsible AI-powered services.”

Matthias Chin, Founder and CEO of CloudsineAI, said, “Digital and AI transformation increasingly depends on trust between people, organisations, applications, and AI agents. Together with V-Key, we are combining identity governance with TraceCtrl’s agentic AI security suite, giving customers greater identity, visibility, traceability, and control as they deploy AI.”

The combined offering will provide customers across regulated industries, including financial services, government, healthcare, and critical infrastructure, with a more integrated approach to securing digital and AI interactions, strengthening governance, and supporting regulatory compliance.

Seth Lim, Senior Vice President at Tower Capital Asia, said, “Our investment in V-Key was founded on the belief that identity and digital trust will become foundational to the next generation of the digital economy. V-Key’s strategic investment in CloudsineAI extends this vision into AI safety, combining its strengths in digital identity and application security with CloudsineAI’s expertise in AI cybersecurity. We see significant opportunities for innovation and expansion across Asia-Pacific and beyond.”

About V-Key

Founded in 2011, V‑Key provides digital identity, authentication, and mobile application security for banks, enterprises, and government‑linked organisations. Its AI-powered platform, built around the patented V‑OS Virtual Secure Element and V-OS App Identity, delivers hardware‑grade security in software, enabling secure onboarding, access and transaction protection across regulated digital markets in Asia and beyond.

www.v-key.com

About CloudsineAI

CloudsineAI is a Singapore-based provider of AI security and web integrity protection. Its proprietary platforms include TraceCtrl, an agentic AI security suite, and WebOrion^®, a web integrity protection platform trusted by enterprises and government customers in Singapore and four other countries.

www.cloudsine.tech

About Tower Capital Asia

Established in 2016, Tower Capital Asia is a mid-market private equity firm based in Singapore. The firm has led investments in the privatisation and/or buyout of Southeast Asian businesses including AXS, BoardRoom, Eu Yan Sang, and V-Key. As of 30 June 2026, the firm manages assets of more than US$900 million in investments and commitments across all vehicles.

www.towercapitalasia.com

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