News Article | November 16, 2016
NEW YORK, Nov. 16, 2016 (GLOBE NEWSWIRE) -- FolioDynamix, a leading provider of wealth management technology and advisory services, today announced a collaborative integration with PIEtech, the creator of MoneyGuidePro, the award-winning financial planning solution. MoneyGuidePro will become a key component of the “Fiborg Constellation,” introduced by FolioDynamix to help firms grow, automate key functions, and meet DOL Fiduciary Rule requirements. FolioDynamix launched the concept of FiborgSM earlier this year in response to the dual conversations in the marketplace about the disruptive impact of robo-advisors on traditional financial advisory business and the increasing regulatory pressure brought by the DOL Fiduciary Rule. Fiborg—a play on cyborgs, technology-enhanced humans—encourages the adoption of technology to enable and empower advisors, automating non-revenue generating activities and providing the tools for an advisor to maximize time spent collaborating with clients. FolioDynamix, which offers an end-to-end wealth management platform as well as a suite of advisory options, is delivering a solution to help advisors and firms manage DOL Fiduciary Rule requirements by leveraging the core platform integrated with several carefully selected best-of-breed partners: the “Fiborg Constellation.” Each partner will be tightly integrated with the core technology to ensure a seamless advisor and investor experience. “No single provider will be able to deliver a complete DOL solution that also helps advisors grow their business—not just survive—by the deadlines set by the legislation,” said Steve Dunlap, president of FolioDynamix. “At Folio, we had the core building blocks and we went out in the marketplace to choose the very best partners to deliver that end-to-end solution. We believe many financial institutions will increase their usage of financial planning as a way for advisors to comply with the regulations; MoneyGuidePro has created the most robust “Know Your Customer” discovery and evaluation tool in the industry. We are confident that this partnership will deliver a unique combined value proposition.” MoneyGuidePro® recently introduced Best Interest Scout, a client-facing discovery tool that provides a highly-scalable and efficient method of client discovery. Best Interest Scout gathers the information necessary to understand the client’s full financial circumstances including expectations, concerns, financial goals, resources and risk tolerance. It seamlessly integrates into myMoneyGuide® and MoneyGuidePro® for every creation of a financial plan forming the foundation needed for the delivery of best interest advice. “FolioDynamix has been building custom wealth management platforms successfully for years,” said Bob Curtis, CEO of PIEtech. “That expertise made this partnership compelling for us, because it enables the financial advisor to seamlessly execute investment recommendations that are developed in the financial planning process. The ability to customize and deliver an end-to-end solution that automates much of the investment process in order to meet each clients’ needs will be increasingly important in our changing environment.” The MoneyGuidePro/FolioDynamix integration is live now; for a demo, email firstname.lastname@example.org. About PIEtech℠, Inc. PIEtech℠, Inc.’s vision is that everyone needs and deserves a quality financial plan. PIEtech℠ is the creator of MoneyGuidePro®, the industry’s leading financial planning software, myMoneyGuide®, an online guided planning solution that allows firms to broadly offer financial planning, and Best Interest Scout℠, a standalone, scalable discovery solution to help firms of all types obtain necessary client information. For more information on PIEtech℠’s powerful financial planning solutions, please visit http://www.moneyguidepro.com. About FolioDynamix FolioDynamix is leading the evolution of the wealth management experience, with an end-to-end technology solution paired with a suite of advisory tools including model portfolios, research, and overlay management services. Through our powerful technology platform, advisors can manage the entire client lifecycle from proposal generation to account opening to account management (trading and rebalancing) to reporting, all through a sophisticated but easy-to-use cloud-based solution. FolioDynamix is an Actua company (Nasdaq:ACTA). Visit www.foliodynamix.com. Follow us on Twitter @foliodx.
News Article | November 2, 2016
NEW YORK, Nov. 02, 2016 (GLOBE NEWSWIRE) -- FolioDynamix, a leading provider of wealth management technology and advisory services, today announced the acquisition of the assets of Summit Advisor Solutions (“SAS”), a Dallas-based firm focused on providing advisory services in the RIA market. SAS will transition its technology and advisors over to the FolioDynamix platform under the firm’s “FDX Complete” offering, which is an out-of-the-box advisory and technology solution for RIAs of any size. The move is a clear signal that FolioDynamix is committed to continued investment in growing the business organically, as well as through both strategic partnerships and acquisition. The pairing of the SAS advisor-friendly front end with the FolioDynamix enterprise chassis results in a state-of-the-art, comprehensive digital solution for the RIA marketplace. “This is an exciting acquisition for us and will really help us move the needle in the advisory space,” says FolioDynamix CEO Joe Mrak. “As an industry, we are seeing more and more advisors go the independent RIA route, and we think the technology solution we bring to market is exactly what these advisors need to grow their businesses exponentially, across custodial platforms.” SAS specializes in RIA-specific technology and advisory consulting and offers access to proprietary allocations (which will be assumed by FDx Advisors) and third-party managers. Both SAS and FDx Advisors’ clients will benefit from an expanded roster of third-party managers and the ongoing support of a best execution trade desk. The SAS approach and offering neatly complement the FolioDynamix core trading platform and advisory solutions. Combining the powerful trading and rebalancing solution that FolioDynamix offers in the enterprise space with the experience, advisor-facing screens, and operational depth of the SAS platform means advisors who wish to run their own portfolios and models can efficiently do so, leveraging institutional-grade technology. Existing clients will benefit by expanding the range of advisory services they can offer and service, regardless of where they custody—while also providing a more competitive recruiting value proposition. The pairing of the existing FDx Complete and SAS solutions creates a unique value proposition in the industry—a full service TAMP that offers advisor-as-a-portfolio-manager capability with quick implementation and multi-custodial access. FolioDynamix will take over SAS’s Dallas office. About FolioDynamix FolioDynamix is leading the evolution of the wealth management experience, with an end-to-end technology solution paired with a suite of advisory tools including model portfolios, research, and overlay management services. Through our powerful technology platform, advisors can manage the entire client lifecycle from proposal generation to account opening to account management (trading and rebalancing) to reporting, all through a sophisticated but easy-to-use cloud-based solution. FolioDynamix is an Actua company (Nasdaq:ACTA). Visit www.foliodynamix.com. Follow us on Twitter @foliodx.
News Article | November 29, 2016
CARPINTERIA, Calif. and NEW YORK, Nov. 29, 2016 (GLOBE NEWSWIRE) -- California-based PlanMember Services is in the midst of rolling out the FolioDynamix platform to hundreds of representatives across the country. PlanMember is a full service retirement and investment management firm focused exclusively on helping for-profit, school district and nonprofit organizations with retirement solutions at both a company and individual employee level. The firm, recognized for this expertise and solid infrastructure, has been growing quickly over the past several years. With that growth came a need for technology solutions to streamline workflow and create efficiency and scale. After the firm tried several technology solutions that didn’t offer the complete functionality needed, Chief Operating Officer Terry Janeway found himself in the position of looking for a complete solution that would be flexible, quick-to-market, and offer a track record of success. After extensive due diligence the firm chose FolioDynamix. “Our growth and success is based on a single, focused goal of providing excellence in retirement plan solutions,” says Janeway. “The FolioDynamix solution offered the flexibility to easily adapt to our model so that we could offer powerful, institutional-quality trading and proposal generation tools to our field within a very short implementation period.” FolioDynamix is a champion of the seamless pairing of technology and investment advice. The PlanMember solution offers financial professionals the ability to leverage powerful trading tools and automate time consuming activities to prioritize more valuable activities like spending time working directly with clients. “We knew how important making the right choice of technology partner was for PlanMember,” says Joe Mrak, CEO of FolioDynamix. “Working through the due diligence process with them allowed us to ensure we could deliver exactly what they needed, within a tight window.” Added Lou D’Addario, head of enterprise business development for the firm, “FolioDynamix is in the unique position of being able to customize our end-to-end solution to make sense for a firm like PlanMember, with its retirement focus. Our versatility, coupled with our technology, gave PlanMember the confidence to move forward.” About PlanMember Headquartered in Carpinteria, California, PlanMember Financial Corporation and its operating subsidiaries—PlanMember Securities Corporation, PlanMember Services Corporation and PSC Insurance Marketing Corporation—have been an industry leader in retirement planning for nearly three decades. PlanMember Securities is a registered Broker/Dealer, Investment Advisor and insurance licensed in all 50 states. With more than 500 registered representatives and a growing number of Financial Centers across the country, PlanMember has $8 billion in assets under management and over 140,000 customer accounts. PlanMember is an approved retirement plan provider in over 3,500 school districts and nonprofit organizations nationwide. About FolioDynamix FolioDynamix is leading the evolution of the wealth management experience, with an end-to-end technology solution paired with a suite of advisory tools including model portfolios, research, and overlay management services. Through our powerful technology platform, advisors can manage the entire client lifecycle from proposal generation to account opening to account management (trading and rebalancing) to reporting, all through a sophisticated but easy-to-use cloud-based solution. FolioDynamix is an Actua company (Nasdaq:ACTA). Visit www.foliodynamix.com. Follow us on Twitter @foliodx.
News Article | November 9, 2016
Sydney, Nov 9, 2016: Research and consulting firm BigInsights has announced the first-ever data awards to recognise companies and startups in the APAC region and the rest of the world that have used data analytics and Internet of Things (IoT) technology to innovate their business. The ‘BigInsights Data Innovation Awards’ will be specifically focused on recognising teams & end users that are doing ground-breaking work using Data Analytics & IoT to deliver business outcomes. (www.dataawards.org) Australia’s Federal Assistant Minister for Industry, Innovation & Science, The Hon Craig Laundy MP will present the BigInsights Data Innovation Awards 2016 on 6th December at an event in Sydney. Australia’s well-known boutique Big Data analytics research & advisory firm BigInsights led by founder, renowned industry analyst Raj Dalal, is the convener of the awards. The awards are managed by Consensus which has a proven track record of managing technology awards since 1999. The awards program is designed to identify companies that have clearly demonstrated best practices in developing and deploying analytics or IoT techniques. While one winner will be named in every category, the judges may declare more than one under special circumstances. Nominations are now open for companies wishing to pitch for the awards. The last date for nominations is November 16, 2016. Companies, startups, vendors or consultants who have completed a data analytics or IoT implementation that is delivering business value, and think their efforts deserve recognition by their peers, can fill in the entry form in the above categories. The entries will be judged by a panel of senior experts in the world of data analytic and IT world. Winners will get global recognition and be presented the Award at the 6th December ceremony by the Assistant Minister of Industry, Innovation and Science, Hon Craig Laundy.MP. Raj Dalal, Principal at BigInsights said, “While the ability to use Data, IoT and Machine Learning/AI has been talked about extensively, little has been discussed about benefits being realised by the early pioneers in industry and startups. So we decided to acknowledge these pioneers in startups and enterprises that are using technology for driving better decision making. In the ‘BIG’ world of Data, it is imperative to support a vibrant and exciting industry, hence our decision to institute this award”. Julian Day, Founder & CEO of Consensus added, “Our Awards programs has a long history of identifying emerging technologies that go on to succeed on the global stage and we are delighted to partner with BigInsights for the Data Innovation Awards. Our panel of eminent judges will not just identify the winners but more importantly, provide detailed feedback to those who fail to make it to the winners’ podium and be back next year. The inaugural awards is supported by Australian Consensus Technology Association (ACTA), TiE, and The Data Warehouse Institute (TDWI). Hitachi and UTS are key sponsor. The full details of the BigInsights Data Innovation Awards can be found at www.dataawards.org including the terms and conditions to submit entries. ……….. For further information please contact:
News Article | February 14, 2017
CHICAGO, Feb. 14, 2017 (GLOBE NEWSWIRE) -- VelocityEHS, the leading cloud-based environment, health, safety (EHS) and sustainability software provider, has partnered with Avery Products Corporation, the leading manufacturer of printable labels and cards, to expand the printing options available to employers that must comply with rigorous workplace chemical labeling requirements. Workplace labels and secondary container labels are the first line of defense in keeping employees safe from chemical emergencies. Now, users of the VelocityEHS MSDSonline brand chemical management solutions have more flexibility to create and print customizable workplace labels that meet their specific needs and the U.S. GHS-aligned Hazard Communication Standard (HazCom) requirements with information taken from safety data sheets (SDSs) in their eBinders. “Producing chemical workplace labels is a top concern among employers with limited printing resources,” said Mike Flynn, vice president of product development at VelocityEHS. “This ground-breaking integration with Avery saves MSDSonline customers both time and money by providing them with access to a broad range of label format options to meet their unique labeling needs and the ability to print using standard laser and pigment-based inkjet desktop printers. In short, we’ve streamlined the printing process to make life-saving chemical communication faster, simpler and easier – and made it more accessible to many small to mid-size businesses across the country.” Avery Design & Print GHS Wizard labeling software has expanded customization options – including the ability to resize and move hazard pictograms, text and other safety guidance – that allow users to create labels using information taken directly from the SDSs stored in their MSDSonline accounts. The Design & Print GHS software is free to use with Avery UltraDuty GHS Labels and other Avery products. To meet harsh workplace conditions, Avery UltraDuty GHS Labels come in a variety of sizes and are waterproof and resistant to chemicals, abrasion, UV light, tearing and extreme temperatures. “We see the integration between VelocityEHS and our Avery GHS Wizard labeling software as a first-of-its-kind breakthrough in the industry, making GHS label creation a truly seamless process,” says Jenifer Do, Marketing Director for Industrial Labels at Avery. “Now MSDSonline users can leverage the easy-to-use editing tools from Avery and print their labels on durable Avery UltraDuty GHS labels using a desktop printer or our WePrint service with the confidence that the labels will be consistent with their SDSs.” Available through the cloud, the award-winning MSDSonline chemical management and reporting solutions streamline container tracking and compliance reporting requirements, and provides safety managers with easy access to the industry’s leading database of SDS content. The MSDSonline eBinder app – one of the most widely used EHS mobile apps in the world and available on the App Store and Google Play™ – further simplifies HazCom communication by giving employees anytime, anywhere access to chemical safety data sheets in the palm of their hands, through any mobile device, whether working on or offline. Additional information about MSDSonline can be found at www.MSDSonline.com. To learn more about the entire VelocityEHS suite of EHS and sustainability management software products, visit www.EHS.com. More information about Avery’s GHS solutions can be found at www.avery.com/GHS. About Avery Products Corporation Avery Products Corporation is one of the world’s leading manufacturers of printable labels, name badges, business cards, dividers and more, and markets products under the well-known Avery® brand. The company offers innovative solutions to make life easier, including free templates to design, customize and print projects. Avery Products Corporation, a division of CCL Industries, is based in Brea, California. For more information about Avery products, visit avery.com. About CCL Industries CCL Industries Inc., a world leader in specialty label and packaging solutions for global corporations, small businesses and consumers, employs more than 19,000 people and operates 150 production facilities in 35 countries on 6 continents with corporate offices in Toronto, Canada and Framingham, Massachusetts. For more information, visit www.cclind.com. Avery and all other Avery brands, product names and codes are trademarks of Avery Products Corporation. All other company and product names may be trademarks or service marks of their respective owners. About VelocityEHS VelocityEHS is a leading provider of cloud-based environment, health and safety (EHS) software. Its comprehensive software platform and innovative mobile solutions aim to make enterprise-level EHS functionality accessible and affordable to businesses of all sizes, helping them solve complex compliance and regulatory challenges in simple ways. Today, more than 12,000 customers worldwide, from virtually every industry, trust VelocityEHS and its solutions to improve EHS performance. The company’s quick implementations, affordable solutions and unparalleled customer support, make it possible for customers to reach their EHS goals faster. VelocityEHS is headquartered in Chicago, Illinois with locations in Canada, the UK and Australia. For more information, visit www.EHS.com. VelocityEHS is an Actua (Nasdaq:ACTA) company.
News Article | December 8, 2016
RADNOR, Pa., Dec. 08, 2016 (GLOBE NEWSWIRE) -- Actua Corporation (Nasdaq:ACTA) today announced the preliminary results of its modified “Dutch auction” tender offer, which expired at 11:59 p.m., New York City time, on Wednesday, December 7, 2016. Based on the preliminary count by the depositary for the tender offer, an aggregate of 4,605,898 shares of Actua’s common stock were properly tendered and not withdrawn at or below a price of $14.00 per share, including 596,494 shares that were tendered through notice of guaranteed delivery. In accordance with the terms and conditions of the tender offer, and in view of the preliminary results, Actua expects to accept for payment an aggregate of 4,605,898 shares of its common stock at a purchase price of $14.00 per share. The shares expected to be repurchased represent approximately 11.7% of the shares of Actua’s issued and outstanding common stock as of December 2, 2016. The tender offer was made pursuant to an Offer to Purchase dated and filed with the U.S. Securities and Exchange Commission on November 7, 2016 and the related Letter of Transmittal, under which Actua offered to purchase up to $80 million of its common stock, $0.001 par value per share, at a price per share not greater than $14.00 and not less than $12.00. The number of shares to be purchased and the purchase price per share are preliminary and subject to change. The determination of the final number of shares to be purchased and the final purchase price per share is subject to confirmation by the depositary of the proper delivery of all shares validly tendered and not withdrawn, including shares to be delivered in accordance with notices of guaranteed delivery within the settlement period. The actual number of shares validly tendered and not withdrawn and the final purchase price per share will be announced following the completion of the confirmation process and the expiration of the guaranteed delivery period. Payment for the shares accepted for purchase will occur promptly thereafter. Payment for shares will be made in cash, without interest. Craig-Hallum Capital Group LLC is the dealer manager for the tender offer. The information agent for the tender offer is Innisfree M&A Incorporated, and the depositary for the tender offer is Computershare Trust Company, N.A. About Actua Actua Corporation, the multi-vertical cloud company, brings the power of the cloud to vertical markets and processes. Actua is pioneering the second wave of the SaaS revolution–the vertical wave–by growing cloud businesses that are transforming their markets. With over 700 employees delivering unrivaled domain knowledge, agility and responsiveness to our customers, Actua’s rapidly growing vertical cloud businesses are positioned to lead this wave. For the latest information about Actua and its brands, please go to www.actua.com. The statements contained in this press release that are not historical facts are forward-looking statements. These forward-looking statements involve certain risks and uncertainties, including, but not limited to, risks associated with the valuation of public and private cloud-based businesses by analysts, investors and other market participants, continued development of the cloud-based software market, our ability to compete successfully in highly-competitive, rapidly-developing markets, our ability to deploy capital effectively and on acceptable terms, the effect of economic conditions generally, capital spending by our customers, our ability to retain existing customer relationships and revenue streams and secure new ones, developments in the vertical markets in which we operate and our ability to respond to those changes in a timely and effective manner, the availability, performance and security of our cloud-based technology, particularly in light of increased cybersecurity risks and concerns, our ability to retain key personnel, our ability to successfully integrate any acquired business, the impact of any potential acquisitions, dispositions, stock repurchases or other strategic transactions, our ability to have continued access to capital and to manage capital resources effectively, and other risks and uncertainties detailed in Actua's filings with the U.S. Securities and Exchange Commission. These and other factors may cause actual results to differ materially from those projected.
News Article | February 15, 2017
RADNOR, Pa., Feb. 15, 2017 (GLOBE NEWSWIRE) -- Actua Corporation (NASDAQ:ACTA), the multi-vertical cloud company, will release the financial results for its fourth quarter and full-year ended December 31, 2016 on Thursday, March 9, 2017, before the market opens. The Company will host a conference call to discuss fourth quarter and full-year results on Thursday, March 9, 2017 at 10:00 a.m. ET. Participating on the conference call will be Walter Buckley, chief executive officer, and Kirk Morgan, chief financial officer of the Company. The dial-in numbers for the call are 800.708.4540 or 847.619.6397. The confirmation number for either dial-in is 44194744. The Company will also host a live webcast for the call with an accompanying slide presentation. The webcast can be accessed at www.actua.com/investors/events-presentations/. Participants can also view fourth quarter and full-year information by clicking the link on Actua’s home page at www.actua.com. Please log on to the website approximately ten minutes prior to the call to register and download any necessary audio software. For those unable to participate in the conference call, a replay will be available beginning March 9, 2017 at 12:30 p.m. ET until March 16, 2017 at 11:59 p.m. ET. To access the replay, please dial 888.843.7419 or 630.652.3042. The confirmation number for either is 44194744#. The replay and slide presentation can also be accessed on the Actua website at www.actua.com/investors/events-presentations/. About Actua Actua (NASDAQ:ACTA), the multi-vertical cloud company, brings the power of the cloud to vertical markets and processes. Actua is pioneering the second wave of the SaaS revolution – the vertical wave – by growing cloud businesses that are transforming their markets. With approximately 700 employees delivering unrivaled domain knowledge, agility and responsiveness to our customers, Actua’s rapidly growing vertical cloud businesses are positioned to lead this wave. For the latest information about Actua and its brands, please go to www.actua.com. Safe Harbor Statement under Private Securities Litigation Reform Act of 1995 The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve certain risks and uncertainties, including, but not limited to, risks associated with our ability to compete successfully in highly-competitive, rapidly-developing markets, the effect of economic conditions generally, capital spending by our customers, our ability to retain existing customer relationships and secure new ones, developments in the markets in which we operate and our ability to respond to those changes in a timely and effective manner, the availability, performance and security of our cloud-based technology, particularly in light of increased cybersecurity risks and concerns, our ability to retain key personnel, our ability to deploy capital effectively and on acceptable terms, our ability to successfully integrate any acquired business, the impact of any potential acquisitions, dispositions or other strategic transactions, our ability to have continued access to capital and to manage capital resources effectively, and other risks and uncertainties detailed in Actua's filings with the U.S. Securities and Exchange Commission. Those and other factors may cause actual results to differ materially from those projected.
News Article | November 17, 2016
CHICAGO , Nov. 17, 2016 (GLOBE NEWSWIRE) -- VelocityEHS, the leading cloud environment, health, safety (EHS) and sustainability software provider, announced today it has released a series of exclusive webinars designed to educate safety professionals on the latest issues and topics affecting the EHS industry. During the webinars, attendees will hear from experts offering information and advice to help reduce risk in the workplace and stay compliant with the evolving regulatory landscape. The VelocityEHS webinar series schedule is as follows: “Our goal is to help EHS professionals be effective leaders, whether or not they are customers. That’s why we’re excited to offer the EHS industry our new slate of webinars covering recent regulatory changes and industry best practices,” said Glenn Trout, president and CEO of VelocityEHS. “In light of decreasing budgets and increasing regulations, it’s more important than ever that EHS professionals have the resources and insight they need to manage risk and lead sustainable business processes. That’s why our webinars, both live and on-demand, are provided at no cost and place an emphasis on educating, not selling.” VelocityEHS is the largest and fastest growing EHS software provider in the industry and its award-winning cloud-based EHS Management Software Platform delivers quick-to-implement and easy-to-use products that enable safety professionals to get a real-time, global view of the operational risks that exist in their workplace. The company’s comprehensive software platform offers a wide range of products that help companies reach their EHS goals faster, including Incident Management, Chemical Management, Audit & Inspection, Ergonomics, Air Emissions, Management of Change (MOC), Compliance Management, Risk Analysis, Performance Metrics, Corrective Action, Waste Compliance, Water Quality, On-Demand Training and Training Management. Webinar registration is now open and space is limited. For more information on VelocityEHS’ growing library of complimentary webinars and recordings, visit www.EHS.com/webinars-and-recordings. To learn more about the VelocityEHS Platform, visit www.EHS.com. About VelocityEHS In 2015, MSDSonline and KMI, two EHS industry leaders, joined forces to form VelocityEHS, which aims to make enterprise-level EHS functionality accessible and affordable to businesses of all sizes. More than 12,000 customers worldwide, from virtually every industry, trust VelocityEHS and its solutions to improve EHS performance. The company’s comprehensive, cloud-based EHS management software platform and innovative mobile solutions helps businesses solve complex EHS challenges in simple ways. Its quick implementations, affordable solutions and unparalleled customer support, make it possible for customers to reach their EHS goals faster. VelocityEHS is headquartered in Chicago, Illinois with locations in Canada, the UK and Australia. For more information, visit www.EHS.com. VelocityEHS is an Actua (Nasdaq:ACTA) company.
Agency: National Science Foundation | Branch: | Program: SBIR | Phase: Phase I | Award Amount: 150.00K | Year: 2010
This Small Business Innovation Research (SBIR) Phase I project aims to incorporate nanoparticles and filtration membranes into vapor compression systems to improve energy efficiency. The approach is to identify nanoparticles with proper surface properties and suspend these nanoparticles in a surfactant type base material. This will not only enable the nanofluid with the refrigerant to improve the heat transfer occurring in the condenser of a typical vapor compression system, but also solve the problems such as sedimentation, cohesion and corrosion that happen with conventional heterogeneous solid liquid mixtures. A novel membrane system will be introduced to collect the nanoparticles at the outlet of the condenser and return the particles to the inlet of the condenser, thereby preventing particles from entering the compressor. The broader/commercial impact of this project will be the potential to improve the energy efficiency in vapor compression systems. There is a demand for high performance cooling systems used in medical devices, computer chips, residential appliances, industrial cooling and refrigeration systems. Nanofluids have been known for their superior heat transfer properties. The challenge is how to introduce the nanofluids into a vapor compression system, which is addressed by this project. The anticipated result of this project is about 10% reduction in energy consumption of vapor compression systems.
News Article | December 5, 2016
Nearly 100 million households across the U.S. will display a Christmas tree, according to the sixth annual Christmas tree survey from the American Christmas Tree Association (ACTA), conducted by Nielsen. Of those Christmas trees displayed, 81 percent will be artificial Christmas trees and 19 percent will be real trees. The ACTA survey also indicated that the number of years consumers will reuse their artificial trees has increased. “No matter what kind of tree families choose to display, be it artificial or real, or more than one, we are delighted to see that, once again, the numbers don’t lie—Christmas trees endure as the centerpiece of the holiday celebrations in the United States,” said Jami Warner, Executive Director of ACTA. “With so many choices of Christmas trees available, we recommend that consumers focus on selecting the trees that represent their unique style and their family’s holiday traditions, be that classic or fun and funky, “ she added. “Holiday traditions can and do include both real and artificial Christmas trees, as reflected in the Nielsen data. We truly believe there is the perfect tree out there for everyone who chooses to celebrate the Christmas with a Christmas tree,” Warner said. Methodology: American Christmas Tree Association insights are based on data collected by Nielsen through an English Language PanelViews Survey sent to a representative subset of U.S. households in the Homescan Panel; results are projected to represent total U.S. households. The survey was fielded in November 2016. About ACTA: The American Christmas Tree Association is a non-profit organization dedicated to providing consumers with factual information about Christmas trees and the Christmas tree industry. For more information, please visit. http://www.christmastreeassociation.org.