Intelligent CIO Middle East Issue 26 | Page 7

NEWS Mayflex Middle East to exhibit at Intersec 2018 in Dubai as well as being the number one event of its type in the MENA region. Mayflex will be taking a stand in the Information Security section and will be representing a wide range of its security product portfolio including, MOBOTIX, Veracity, Paxton and Wavestore. Mayflex will also be showcasing some of the other products it distributes which can help to provide a converged solution for security integrators and installers, such as LevelOne switching products and the Excel infrastructure solution. M ayflex, the distributor of Converged IP Solutions, will be exhibiting at Intersec 2018. The event takes place on January 21–23 at the Dubai International Convention and Exhibition Centre. Intersec is the world’s leading trade fair for security, safety and fire protection and provides an important business platform worldwide Visitors can find the Mayflex team on stand number S1–D37. Meetings will be conducted in the VIP meeting room area which is located on stand number S1–C47. If you would like to make an appointment to meet with the team call +9714 421 4352 or email [email protected] For details of the full list of products and support provided by Mayflex in the Middle East region contact the team on or visit www.mayflex. com/mayflex-middle-east. ///////////////// Avaya announces completion of debt restructuring at Dubai event A vaya Holdings Corp. has announced that it has completed its debt restructuring and emerged from chapter 11. Executives from Avaya International celebrated the announcement with key channel partners at an Avaya Edge World Tour event in Dubai. Jim Chirico, Avaya’s president and CEO, said: “In less than a year since the commencement of our chapter 11 restructuring, Avaya has emerged as a publicly traded company with a significantly strengthened balance sheet. Overall, we reduced our prior debt load by approximately $3 billion, and we exit with more than $300 million in cash on our balance sheet. The reduction of our debt and certain other long-term obligations will also improve annual cash flow by approximately $300 million compared to fiscal 2016. www.intelligentcio.com “We have the flexibility we need to invest in the large and growing contact centre and unified communications markets as we complete our transformation to a software, services and cloud solutions provider. “With a new board and leadership team firmly in place, Avaya is now well-positioned to execute on its growth plan and deliver the returns and value expected by our stakeholders.” During the Dubai leg of the tour executives explored how Avaya is going beyond the digital experience through emerging technologies such as artificial intelligence, analytics, blockchain and the Internet of Things. INTELLIGENTCIO 7