Impulse Dynamics Announces First International Implants of the Optimizer Smart Mini System in Italy

MARLTON, N.J., June 14, 2022 (GLOBE NEWSWIRE) — Impulse Dynamics, a commercial-stage medical device company focused on delivering our CCM therapy to people with heart failure, announced that the first implants in Europe for the newly launched Optimizer® Smart Mini device were recently completed in Italy. The company announced the launch of the new technology on April 29, 2022, and the first U.S. implants on May 10, 2022.

Dr. Stefano Guarracini, Head of Cardiology at the Synergo Casa di Cura Pierangeli Hospital in Pescara, Italy, described his experience with CCM therapy and his outlook for the Optimizer Smart Mini system after the first implant. “Starting in 2019, we had the opportunity to implant Optimizer devices in several patients with heart failure. We believe in the technology and consider CCM therapy to be the only option for many patients suffering from heart failure. We are excited now to be affiliated with the first European institution to have implanted the new Optimizer Smart Mini device and look forward to the simple but more advanced patient management experiences during implants and follow-ups going forward.”

Dr. Giovani Bisignani, with the Ospedale di Castrovillari, who completed his first implant almost simultaneously in the southern Italian province of Cosenza, said, “CCM therapy is a powerful weapon against heart failure. The cutting-edge technology of the new Optimizer Smart Mini along with its smaller, physiological shape allowed us to achieve efficient implantation and initiation of CCM therapy in even less time.”

In March 2022, the company announced that its quality management system received certification under the new European Union Medical Device Regulation. We believe that the launch of the Optimizer Smart Mini system is an example of the importance of a global infrastructure to support ongoing technology innovation and access. The new components of the Optimizer Smart Mini system are equally important across international markets, including a rechargeable battery with a 20-year life and new internal technology with improved programming and potential for remote monitoring in a smaller design to make the implant procedure easier for patients and physicians.

“The pace of this international rollout is a reflection of our commitment to delivering innovation that is relevant to patients worldwide,” said Mateusz Zelewski, MD, Impulse Dynamics’ Vice President International, “It is exciting to see how quickly we can increase access to new and better technology that offers hope for more patients living with heart failure.”

The Optimizer Smart Mini delivers CCM therapy, which consists of electric pulses applied to the heart between heartbeats and serves to enhance the performance of cardiac muscular contraction, making the heart work more efficiently without increasing the heart rate or the oxygen consumption of the cardiac muscle. CCM therapy is currently indicated in Europe to reduce hospitalizations and improve physical exercise tolerance, quality of life, and functional status for a large population of patients with systolic heart failure who remain symptomatic despite guideline-directed medical therapy.

To date, CCM therapy has already been used to treat over 7,000 patients worldwide and is available in 44 countries across the globe. The therapy has been studied in almost 2,000 patients and has appeared in more than 100 peer-reviewed journal articles. Ongoing studies are also underway to examine the safety and efficacy of CCM for patients suffering from heart failure with a left ventricular ejection fraction between 40 – 60%.

About Impulse Dynamics

Impulse Dynamics is dedicated to helping healthcare providers enhance the lives of people with heart failure by transforming how the condition is treated. The company is focused on delivering its proprietary CCM therapy, which is delivered by the company’s Optimizer Smart device, the CE-marked, and FDA-approved treatment verified to improve the quality of life for heart failure patients. CCM therapy is a safe, effective, and minimally invasive treatment option for many heart failure patients who otherwise have few effective options available to them.[1] To learn more, visit www.ImpulseDynamics.com, or follow the company on LinkedIn, Twitter, and Facebook.

Forward-looking Statements

This press release contains forward-looking statements. All statements other than statements of historical facts contained in this press release are forward-looking statements. In some cases, you can identify forward-looking statements by terms such as ‘‘may,’’ ‘‘will,’’ ‘‘should,’’ ‘‘expect,’’ ‘‘plan,’’ ‘‘anticipate,’’ ‘‘could,’’ ‘‘intend,’’ ‘‘target,’’ ‘‘project,’’ ‘‘contemplate,’’ ‘‘believe,’’ ‘‘estimate,’’ ‘‘predict,’’ ‘‘potential’’ or ‘‘continue’’ or the negative of these terms or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements include, but are not limited to, statements concerning potential benefits of CCM therapy, and the absence of risks associated therewith; the ability for CCM therapy and our products to fill a significant unmet medical need for patients with heart failure; and the short-term and long-term benefits of the Optimizer Smart Mini and CCM therapy in patients with heart failure, as well as to the physicians treating those patients. These forward-looking statements are based on management’s current expectations and involve known and unknown risks and uncertainties that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Other important factors that could cause actual results, performance or achievements to differ materially from those contemplated in this press release include, without limitation: the company’s future research and development costs, capital requirements and the company’s needs for additional financing; commercial success and market acceptance of CCM therapy; the company’s ability to achieve and maintain adequate levels of coverage or reimbursement for Optimizer Smart and Optimizer Smart Mini systems or any future products the company may seek to commercialize; competitive companies and technologies in the industry; the company’s ability to expand its indications and develop and commercialize additional products and enhancements to its current products; the company’s business model and strategic plans for its products, technologies and business, including its implementation thereof; the company’s ability to expand, manage and maintain its direct sales and marketing organization; the company’s ability to commercialize or obtain regulatory approvals for CCM therapy and its products, or the effect of delays in commercializing or obtaining regulatory approvals; FDA or other U.S. or foreign regulatory actions affecting us or the healthcare industry generally, including healthcare reform measures in the United States and international markets; the timing or likelihood of regulatory filings and approvals; and the company’s ability to establish and maintain intellectual property protection for CCM therapy and products or avoid claims of infringement. The company does not undertake any obligation to update forward-looking statements and expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein. These forward-looking statements should not be relied upon as representing the company’s views as of any date subsequent to the date of this press release.

[1] https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5494150/

Attachments

Rex Richmond, Director (Media Relations)
Impulse Dynamics
856-642-9933
rrichmond@impulsedynamics.com

Harriss Currie, CFO (Investor Relations)
Impulse Dynamics
856-642-9933
hcurrie@impulsedynamics.com

Ian Segal, Public Relations
Impulse Dynamics
856-642-9933
isegal@impulsedynamics.com

Ankur Arora Named Product & Business Development Manager for Nikkiso Clean Energy and Industrial Gases Group

TEMECULA, Calif., June 14, 2022 (GLOBE NEWSWIRE) — Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (“Group”), a part of the Nikkiso Co., Ltd (Japan) group of companies, is pleased to announce that Ankur Arora has been named Product & Business Development Manager for Nikkiso Cryogenic Services serving Southeast Asia, New Zealand and Africa.

Ankur has broad global experience in over 30 countries and worked for nearly 20 years with Atlas Copco. His responsibilities included Business Development Manager and Global Sales & Marketing reporting to Germany, based in Auckland, New Zealand, Regional BDM & Application/Product Managers based in Shanghai. He has also served as Project Manager. A mechanical engineer, he also earned an MBA and is currently working on a DBA.

He will be responsible for the launch, sales and solutions related to Waste Heat Recovery and Organic Rankine Cycle Power Generation, Pressure Letdown Power Recovery and more. He will report to Emile Bado, Executive VP, Marketing, and Dr. Reza Agahi, Vice President of Turbo.

“Ankur’s industry and global market experience will be of great benefit to the Group, as we work to develop the opportunities in these regions,” according to Emile Bado, Executive Vice President, Marketing.

With this addition, Nikkiso continues their commitment to be both a global and local presence for their customers.

ABOUT CRYOGENIC INDUSTRIES
Cryogenic Industries, Inc. (now a member of Nikkiso Co., Ltd.) member companies manufacture and service engineered cryogenic gas processing equipment (pumps, turboexpanders, heat exchangers, etc.), and process plants for Industrial Gases, Natural gas Liquefaction (LNG), Hydrogen Liquefaction (LH2) and Organic Rankine Cycle for Waste Heat Recovery. Founded over 50 years ago, Cryogenic Industries is the parent company of ACD, Nikkiso Cryo, Nikkiso Integrated Cryogenic Solutions, Cosmodyne and Cryoquip and a commonly controlled group of approximately 20 operating entities.

For more information, please visit www.nikkisoCEIG.com and www.nikkiso.com.

MEDIA CONTACT:
Anna Quigley
+1.951.383.3314
aquigley@cryoind.com

China Wins Battle of Perception Among Young Africans

If it’s a battle for hearts, minds – and wallets – then according to young Africans, China is outperforming the U.S. these days.

A new survey by Johannesburg-based think tank The Ichikowitz Family Foundation, found this week that the vast majority of African youth see China as the most influential foreign player on the continent.

By contrast, U.S. influence has dropped by 12% since 2020, according to the survey of more than 4,500 Africans 18 to 24 years old and living in 15 countries across Africa.

Seventy-seven percent of young Africans said China was the “foreign actor” with the greatest impact on the continent, while giving the U.S. an influence rating of just 67%. In a follow-up question on whether that influence was positive or negative, 76% said China’s was positive, while 72% said the same of the U.S.

The top reasons those surveyed say China’s influence is positive: affordable Chinese products, Beijing’s investments in infrastructure development on the continent and China’s creation of job opportunities in African countries.

“In the first edition of the pan-African youth survey we asked young Africans which country they believed had the biggest influence on the continent and at that point it was without any doubt the United States,” said Ivor Ichikowitz, who heads the foundation that carried out the research.

“This year, two years later, post-COVID, the picture is completely different … the most influential country in Africa at the moment is China.”

Ichikowitz told VOA there are a few reasons for this change.

“(Former President) Donald Trump resonated with African youth. He was seen as a powerful, charismatic leader … and as a consequence the United States topped the list of most influential countries in Africa,” he explained.

But mostly, he said, it’s down to investment.

“Young Africans are telling us that they are seeing tangible, visible and very impactful signs of the role that China has played in the development of Africa,” Ichikowitz said.

“Albeit that there is significant criticism of Chinese investment in Africa, it’s very difficult for African governments not to value China because China is providing capital, providing expertise, providing markets at a time when Europe and the United States are not,” he added.

The African Union Commission reported more than 40% of the world’s youth is expected to reside in Africa in the next decade. The fact that China is helping to create a middle class on the continent means they will also help create one of the biggest consumer populations in the world, Ichikowtiz said.

However, the study also found some young Africans concerned over whether they are reaping enough of the benefits from China’s exploitation of their mineral wealth and natural resources.

Twenty-four percent of those interviewed said Chinese investments in their countries were a form of “economic colonialism,” with 36% of those surveyed saying the Chinese are exporting African resources without fair compensation. Yet other interviewees — 21% — said the Chinese showed a lack of respect for African values and traditions.

Among the countries surveyed was South Africa.

Woniso, a 23-year-old medical student at a busy sidewalk café in Johannesburg, told VOA she understood why China had come out on top. Chinese investment in Africa was significant, she noted.

However, she had some concerns about Chinese human rights abuses in Xinjiang and said she preferred Western-style democracy.

“Socially I’d probably put them (China) last because of like all the social injustices happening against the Muslim community,” said the student, who didn’t wish to give her last name.

Young South Africans, she said, are also “a very liberal sort of generation” and liked “the U.S. in terms of their liberal nature of doing things.”

However, when it comes to a Western style democracy, only 39% of the youth surveyed said it should be emulated. While the survey found African youth favoring democracy, more than half of those interviewed said a Western type of democracy “is not suitable” and African countries need a style of governance that fits them.

Chatting to a friend outside a mall a short distance away, Thandazani Nyathi, a businessman in his 30s, said he didn’t have a preference between the U.S. and China.

“They’re both looking to profit. I guess I would lean towards the country that wants to profit but on the most equitable terms,” he said.

“Which one am I particularly in favor of? The one that doesn’t come screw us,” he added, roaring with laughter.

Source: Voice of America

Speaker of the Parliament of Somalia receives Djiboutian Ambassador

The Speaker of the House of the People of the Federal Republic of Somalia, HE Sheikh Adan Mohamed Nur-Madobe received at his residence the Ambassador of the Republic of Djibouti, Amb. Mohamed Rashid.

The Ambassador greeted the Speaker and shared the brotherly relations and how the two parliaments can work together.

Also the Speaker thanked the Ambassador for his visit and praised the close relations between the two countries and the people and government.

Source: Somalia National News Agency

From DRC to NBA, Congolese Player Biyombo Gives Others a Shot at Better Life

Growing up in the Democratic Republic of Congo, Bismack Biyombo dreamed of playing professional basketball in the United States. His dream has been reality ever since he was drafted into the NBA more than a decade ago. But what he’s doing off the court gives a notable assist to his home country.

The 29-year-old center for Arizona’s Phoenix Suns calls himself “a child of Africa” who “stepped onto a basketball court at the age of 13 in Lubumbashi,” a major city in southeastern DRC. “And I was lucky enough to have, you know, parents that supported me,” he told VOA in an interview at the Suns’ practice facility earlier this spring.

Biyombo credits his father Francois Biyombo and mother Françoise Ngoy with nurturing a spirit of purpose and generosity. They sacrificed to ensure that the eldest of their seven children could play basketball, including when he went to Yemen at 16 to try out for a local team, and later when he joined a club league in Spain. After Biyombo was drafted into the NBA in 2011, they encouraged his giving back.

He has. Bismack Biyombo has donated time and millions of dollars to support education and health care in the DRC, largely through the self-named foundation he started in 2017 in Florida. (Before joining the Phoenix Suns for the 2021-22 season, he played with the Orlando Magic — also in Florida — as well as the Charlotte Hornets in North Carolina and Toronto Raptors in Canada.)

Biyombo heavily funded the Kivu International School, which opened in Goma in 2017. “Each year, we award more than 150 scholarships within the DRC and the U.S.,” he said in a video clip posted on the foundation website. The foundation has brought more than 60 DRC students to the United States to study, he told VOA. Biyombo also hosts free basketball camps each summer in the DRC, equipping youths with new skills, athletic shoes and other gear.

“My job becomes to inspire kids across Congo and make sure that we give all of them an equal opportunity,” he said in the VOA interview.

Biyombo’s foundation has supported Congolese mobile clinics and upgrades to public health facilities. It also provided hundreds of thousands of dollars’ worth of health care equipment, including face masks and hazmat suits, to help combat the COVID-19 pandemic in the DRC.

“And now we’ve set bigger goals and we’re going for it,” Biyombo said.

That includes building a Lubumbashi hospital in honor of his father, who died last August at age 61 of complications from COVID-19. Biyombo announced earlier this year that he would donate his salary for the 2021-2022 season — $1.3 million, according to his foundation’s website — toward that mission.

“I want to build my dad a hospital that will continue servicing people, because he believed in one guy, which is me,” Biyombo said. “And now we get to do it for him.”

Such humanitarian gestures are right out of the playbook of retired NBA great Dikembe Mutombo, a Congolese player who, Biyombo said, is “like a big brother.”

Mutombo, who hung up his jersey in 2009 and was inducted into the Basketball Hall of Fame six years later, started a foundation in 1997 to aid people, especially those in his native DRC. That foundation’s projects include building the Biamba Marie Mutombo Hospital in his hometown of Kinshasa.

Dr. Joseph Nsambi Bulanda, health minister for Haut Katanga province where Lubumbashi is located, told VOA his government appreciated Biyombo’s offer of a new hospital. Construction has not yet begun.

“We can give him some advice,” Nsambi said, noting his government aims “to improve and to let all Congolese and all people from Haut Katanga province have a very good health system.”

Nsambi said of Biyombo, “He’s someone with very good will.” He added that the public health system in his country – one of the world’s poorest — welcomes an assist. “We need people. We need organizations.”

Biyombo’s generosity has brought him accolades. TIME named him to its 2021 list of Next Generation Leaders. The NBA and health care provider Kaiser Permanente honored him this year with a “community cares” award — and a $10,000 check for his foundation — for his efforts to aid the DRC.

The athlete wants others to benefit from basketball, as he has.

“So many young African American leaders [are] now coming into the NBA that I think the future of Africa there is great,” Biyombo said. He also talked up the Basketball Africa League, a partnership of the NBA and International Basketball Federation (FIBA).

“The reality of the league,” Biyombo said, “is that I think a lot of these kids are given an opportunity to actually stay home” and still prosper in the sport.

“You know, most of the kids want to find a way to escape what’s happening in Africa,” he said. “And you got to give them a reason to stay. I think that’s one thing that motivated me to invest so much in the younger generation. … The more tools we can give to the next generation, they’ll be able to solve more of the problems that we’re dealing with today.

“There is an opportunity to make an impact,” Biyombo said. “And I don’t want to waste it.”

Source: Voice of America