Fintech PR
Sapiens Introduces Next-Generation Enhancements for Life & Annuities Insurers with Updated IllustrationPro and ApplicationPro

Latest releases elevate automation, risk intelligence, and customization to drive seamless policy management and superior agent experience
ROCHELLE PARK, N.J., April 2, 2025 /PRNewswire/ — Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced the latest release of Sapiens IllustrationPro and Sapiens ApplicationPro, which deliver cutting-edge enhancements designed to meet the evolving needs of insurers. Driven by industry trends and direct user feedback, the updates provide greater automation, risk intelligence, and operational efficiency to transform how agents and advisors illustrate policies to applicants, manage business users, and integrate with underwriting and sales platforms, optimizing the agent/advisor experience.
As part of the new release, Sapiens IllustrationPro for Life & Annuities – a recipient of Celent’s prestigious Luminary Award and two XCelent Awards – takes illustration capabilities to the next level. This update provides insurers with unprecedented flexibility, control, and intelligence in managing illustrations and integrating with underwriting and sales platforms. Advanced solve capabilities allow for greater customization of premium and face amount searches, and a powerful new Report Editor enables effortless modifications to reports without IT intervention. Enhanced APIs and deep-linking functionality streamline workflows, ensuring a seamless and connected experience for agents and advisors.
With the latest release of ApplicationPro for Life & Annuities, insurers benefit from a more streamlined, compliant, and user-friendly process that enhances automation, risk assessment, and policy change management. New features such as Manager Review for oversight and compliance, AI-driven risk detection, and seamless API integrations empower insurers to accelerate underwriting, reduce errors, and improve agent efficiency. The upgraded user management interface simplifies administration, eliminating manual configurations and offering real-time access to application data.
“By continuously evolving our solutions, we enable insurers to meet market demands with agility, efficiency, and confidence,” said Roni Al-Dor, President and CEO of Sapiens. “The latest releases of IllustrationPro and ApplicationPro reinforce our commitment to innovation, providing insurers with the tools to drive superior agent and customer experiences while optimizing their operations.”
Both solutions are now available, empowering insurers to modernize their digital ecosystems and enhance operational performance.
Sapiens IllustrationPro is an award-winning, cloud-based illustration and quoting solution that delivers a fast, intuitive experience for advisors. Powered by a robust calculation engine, it supports complex new business and in-force illustrations with a library of more than 4,500 calculations for life, health, and annuity insurance.
Sapiens ApplicationPro is an award-winning, web-based eApp solution available as a modular, standalone system or seamlessly integrated with Sapiens Insurance Platform. It enhances efficiency by reducing time-to-issue, eliminating Not in Good Order (NIGO) applications, and lowering policy acquisition costs.
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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View original content:https://www.prnewswire.co.uk/news-releases/sapiens-introduces-next-generation-enhancements-for-life–annuities-insurers-with-updated-illustrationpro-and-applicationpro-302418431.html
Fintech PR
CE-LINK Unveils Next-Gen Solid-State Battery Power Bank, Leading a New Era of Mobile Charging

HONG KONG, April 9, 2025 /PRNewswire/ — CE LINK LIMITED (“CE-LINK”), a leading manufacturer of consumer electronics, is thrilled to introduce its latest generation of power banks, featuring revolutionary solid-state battery technology, redefining safety and performance. From April 11-14, visit booth 3A-02, Hall 3 at AsiaWorld–Experience this game-changer at the upcoming Global Sources Electronic Show in Hong Kong.
Advancing Safety and Performance with Solid-State Technology
CE-LINK’s next-gen power banks replace liquid lithium-ion batteries with advanced solid-state lithium-ion polymer batteries for superior benefits:
- Superior Safety: The non-flammable solid electrolyte eliminates fire and explosion risks of traditional liquid batteries. Tested under extreme conditions—steel needle puncture, extrusion, drop, overcharge, and overdischarge—these power banks ensure unmatched safety.
- Extended Lifespan: Solid-state batteries far exceed the life cycle of traditional lithium batteries, making them a more sustainable choice. These power banks retain over 80% of their original capacity even after 500 charge cycles.
- Wider Operating Temperature: Supports 0°C to 45°C for charging and -20°C to 60°C for discharging. They maintain stable performance in both hot and cold environments, making them ideal for outdoor exploration and polar scientific research scenarios.
Versatile Power Bank Series to Meet Diversified Needs
CE-LINK’s new power bank lineup caters to diverse user scenarios with multiple models:
- PD Slim Power Bank (5000mAh & 10000mAh): Ultra-thin 10.8mm design fits easily in pockets and bags. The storable USB-C lanyard cable makes it perfect for commuting and short trips.
- Built-in Retractable Cable Power Bank (5000mAh/10000mAh): Features a patented 75cm USB-C retractable cable, tested for 10,000 uses. With a gentle pull, the cable retracts smoothly from any length—ideal for frequent travelers.
- USB-C Power Bank (5000mAh): A push-slip design extends and stows the USB-C port for charging and protection. Rigorously plugging and pulling tested 10,000+ times, ensuring durability. Built-in zinc alloy bracket adds usage flexibility.
- 67W 2-in-1 Power Bank (10000mAh): Combines a GaN charger and power bank, with a foldable AC pin supporting global voltage. The intelligent LCD screen shows real-time output power of each port, and 67W output charges laptops, tablets, and phones simultaneously—ideal for business professionals.
CE-LINK remains dedicated to pioneering cutting-edge charging solutions that enhance user experience. “Solid-state battery technology is the future of power banks,” said Erica, Product Manager at CE-LINK. “This launch not only brings unparalleled safety and performance to users but also drives the industry towards more efficient and reliable power solutions.”
About CE-LINK
Founded in 2004, CE-LINK is a leading OEM and ODM company dedicated to developing cutting-edge consumer electronics solutions. With over 20 years of precision manufacturing expertise, CE-LINK leads innovation, focusing on research, development, and sustainability to deliver next-gen technologies that meet the evolving needs of global consumers and businesses.
For more information on CE-LINK, please visit www.ce-link.com.
Or following them on:
LinkedIn: www.linkedin.com/company/ce-link
Facebook: www.facebook.com/CELINK.ELECTRONICS
Media Contact: market@ce-link.com
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View original content:https://www.prnewswire.co.uk/news-releases/ce-link-unveils-next-gen-solid-state-battery-power-bank-leading-a-new-era-of-mobile-charging-302423229.html
Fintech PR
Hex Trust Partners with IDA to Provide Institutional-grade Custody for Stablecoin Products

HONG KONG, April 9, 2025 /PRNewswire/ — Hex Trust, a leading digital assets financial institution specializing in custody, staking, and markets services has partnered with IDA, a premier HK-based fintech company. Through this collaboration, Hex Trust will provide licensed, institutional-grade custody services for IDA’s stablecoin products, enabling compliant and seamless cross-border commerce and digital payments.
With its multi-jurisdictional licenses, and deep institutional expertise, Hex Trust will ensure secure and compliant custody solutions that uphold regulatory standards and enhance security for all transactions with IDA. Furthermore, IDA and Hex Trust will collaborate to explore real-world use cases for cross-border trade, aiming to enhance payment efficiency while ensuring regulatory requirements.
“The stablecoin initiative will strengthen Hong Kong’s competitive edge as a global financial hub,” said Giorgia Pellizzari, Managing Director and Head of Custody of Hex Trust. “Our role as an institutional-grade custodian reflects our commitment to fostering a secure and compliant financial ecosystem for digital assets. We’re excited to partner with IDA to propel the success of this innovative product.”
Sean Lee, Co-Founder and CSO of IDA, stated, “This marks just the beginning of our partnership. Beyond custody, we are exploring new opportunities to unlock global trade and commerce, enabling smoother transactions in collaboration with Hex Trust.”
In addition to the stablecoin solution, IDA is developing a comprehensive financial infrastructure to bridge stablecoin operations with enhanced connectivity between blockchain networks and traditional financial systems. Hex Trust and IDA are also exploring deeper collaborations, including FX features, on this robust platform to foster a thriving stablecoin ecosystem.
About Hex Trust
Established in 2018, Hex Trust offers regulated institutional digital asset custody, staking, and markets services to builders, investors, and service providers. Get access to our comprehensive, secure, and regulated suite of services built on our proprietary and fully integrated infrastructure. For more information, visit Hextrust.com or follow Hex Trust on LinkedIn, X, and Telegram.
About IDA Finance Hong Kong Limited (IDA)
IDA is the premier digital asset technology company to spearhead the widespread adoption of blockchain finance and to empower businesses to seamlessly integrate between Web2 and Web3.
IDA will launch a stablecoin product which is designed to drive enhanced connectivity of digital currency for seamless commerce and payments between Hong Kong and global markets, 24/7/365. To maintain the highest level of security and stability, all circulating stablecoins will always be fully backed by at least 100% reserve assets in regulated Hong Kong based authorized institutions.
More information can be found at idafi.xyz / LinkedIn / X
Disclaimer:
This post is for informational purposes only and is not financial, investment or other advice, nor a recommendation, endorsement, offer, solicitation or sale of any kind in any jurisdiction. As always, users should do their own research and are urged to seek independent financial, investment and other advice before taking any initiative in connection with the information contained herein. The information contained in this article is intended to be current at the time of publication, but may not remain so indefinitely. Products or services mentioned in this material are subject to legal and regulatory requirements in applicable jurisdictions and may not be available in all jurisdictions nor to all persons.
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View original content:https://www.prnewswire.co.uk/news-releases/hex-trust-partners-with-ida-to-provide-institutional-grade-custody-for-stablecoin-products-302423239.html
Fintech PR
OCI Global Announces Agreement with Bondholders

AMSTERDAM, April 8, 2025 /PRNewswire/ — OCI Global (Euronext: OCI) a leading global producer and distributor of hydrogen products today announced that it has reached a support agreement (the “Support Agreement”) with a group of holders (the “Bondholder Group”) of its U.S.$ 600,000,000 6.700 per cent Notes due 2033 (the “Bonds”), relating to the treatment of the Bonds following the completion of the announced sale of OCI’s Global Methanol Business to Methanex Corporation (the “MetCo Transaction”). The Bondholder Group includes members holding Bonds with a principal amount in excess of 60% of the total outstanding principal amount of the Bonds.
Under the terms of the Support Agreement:
- OCI agrees that it will launch a tender offer for the Bonds within 5 business days of the successful closing of the MetCo Transaction, and each member of the Bondholder Group agrees to support and tender into any such tender offer. The tender offer will be on customary terms and offer a price of 110.75% of par, plus accrued and unpaid interest; and
- Each member of the Bondholder Group agrees that it will support any amendment to the Bonds proposed by OCI, which amends the documentation governing the Bonds to (1) insert a right of OCI to redeem the Bonds on or after the closing of the MetCo Transaction at a price of 110.75% of par, plus accrued and unpaid interest, and (2) waiving any alleged defaults or events of default that may be outstanding under the documentation governing the Bonds.
Hassan Badrawi, CEO of OCI commented: “We are delighted to have reached agreement with a large group of our bondholders, with a view to an orderly pay down of our capital structure upon the closing of the MetCo Transaction. OCI has a long and positive history in the bond markets and values its relationship with its investors, so we are pleased to have structured a deal that allows everyone to participate and rewards bondholders fairly for their faith in OCI over all these years.”
This press release contains information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
ABOUT OCI GLOBAL
Learn more about OCI at www.oci-global.com. You can also follow OCI on LinkedIn.
CONTACT
Sarah Rajani CFA
Global Vice President, Investor Relations & Communications
Email: sarah.rajani@oci-global.com
View original content:https://www.prnewswire.co.uk/news-releases/oci-global-announces-agreement-with-bondholders-302423892.html
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