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News Article | November 29, 2016
Site: globenewswire.com

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.


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.


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.


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 3, 2016
Site: globenewswire.com

RADNOR, Pa., Nov. 03, 2016 (GLOBE NEWSWIRE) -- Actua Corporation (Nasdaq:ACTA) (“Actua”) today reported its results for the third quarter ended September 30, 2016. “The GovDelivery transaction demonstrates the value Actua brings in building successful SaaS businesses and unlocking that value for stockholders,” said Walter Buckley, CEO of Actua.  “With approximately $170 million of cash following the GovDelivery sale, we will continue to drive stockholder value by building our remaining businesses and repurchasing shares.” Because GovDelivery is presented as a discontinued operation as of September 30, 2016, GovDelivery’s results are excluded from our continuing operations for all periods presented. Revenue was $27.9 million for the third quarter of 2016, up from $24.9 million for the third quarter of 2015.  Net loss attributable to Actua for the third quarter of 2016 was $(10.1) million, or $(0.27) per diluted share, compared to net loss attributable to Actua of $(13.9) million, or $(0.37) per diluted share, for the third quarter of 2015.  Non-GAAP net loss for the third quarter of 2016 was $(1.6) million, or $(0.04) per diluted share, compared to a non-GAAP net loss of $(1.4) million, or $(0.04) per diluted share, for the comparable prior year quarter.  Cash flows from operations for the third quarter of 2016 was $(0.6) million, compared to $(1.2) million for the comparable prior year quarter.  Non-GAAP cash flows from operations for the third quarter of 2016 was $0.2 million, compared to $(1.2) million for the comparable prior year quarter. For the fourth quarter of 2016, Actua expects revenue in the range of $28.5 million to $29.5 million, non-GAAP net loss per share in the range of between $(0.06) and $(0.08) per diluted share and non-GAAP cash flow from operations of between $1.5 million and $2.5 million. A reconciliation of the non-GAAP financial measures used above with the most comparable GAAP financial measures is included with the financial tables at the end of this release. Please see Actua’s website at www.actua.com for more information on Actua, its businesses and its third quarter 2016 results. Actua will host a webcast at 10:00 a.m. ET today to discuss its financial results.  As part of the live webcast for this call, Actua will post a slide presentation to accompany the prepared remarks.  To access the webcast, go to www.actua.com/investors/events-presentations/ and click on the webcast link.  Please log on to the website approximately ten minutes prior to the call to register and download any necessary audio software.  The conference call is also accessible through listen-only mode by dialing 800.708.4540 or 847.619.6397.  The passcode is 43551013. For those unable to participate in the conference call, a replay will be available from November 3, 2016 at 12:30 p.m. ET until November 10, 2016 at 11:59 p.m. ET.  To access the replay, dial 888.843.7419 or 630.652.3042.  The passcode is 43551013#.  The replay and slide presentation also can be accessed in the investor relations section of the Actua website at www.actua.com/investors/events-presentations/. About Actua Actua Corporation (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 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 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 valuation of public and private cloud-based businesses by analysts, investors and other market participants, 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 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, share 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. This release contains non-GAAP financial measures.  The tables above reconcile these non-GAAP financial measures to the most directly comparable GAAP financial measures. Non-GAAP financial measures should not be considered as a substitute for, or as superior to, measures of financial performance prepared in accordance with GAAP.  Actua strongly urges investors and potential investors in our securities to review the reconciliation of our non-GAAP financial measures to the comparable GAAP financial measures that are included in this press release. Actua’s management believes that its non-GAAP financial measures provide useful information to investors because they allow investors to view the business through the eyes of management and provide meaningful supplemental information regarding Actua’s operating results, as they exclude amounts that Actua excludes as part of its monitoring of operating results and assessment of the performance of the business. Actua presents the following non-GAAP financial measures in this press release:  (1) non-GAAP net income (loss) (which term may be used interchangeably with adjusted net income (loss) by management during quarterly earnings presentations), (2) non-GAAP net income (loss) per diluted share (which term may be used interchangeably with adjusted net income (loss) per diluted share by management during quarterly earnings presentations), (3) Adjusted EBITDA, (4) Adjusted Cost of revenue, (5) Adjusted Sales and marketing, (6) Adjusted General and administrative, (7) Adjusted Research and development and (8) non-GAAP cash flows from operations.  Actua excludes items from these non-GAAP financial measures as described below. Non-GAAP net income (loss) excludes from GAAP net income (loss) the following items: Non-GAAP net income (loss) per diluted share is calculated as follows: Adjusted EBITDA excludes from GAAP net income (loss) the following items: Adjusted Cost of revenue excludes from GAAP Cost of revenue operating expenses the following item: Adjusted Sales and marketing excludes from GAAP Sales and marketing operating expenses the following item: Adjusted General and administrative excludes from GAAP General and administrative operating expenses the following item: Adjusted Research and development excludes from GAAP Research and development operating expenses the following item: Adjusted Cash flows from operations excludes from GAAP Cash flows from operations the cash impact of the following items: Actua believes that the following considerations apply to the non-GAAP financial measures that it presents: To mitigate the limitations associated with non-GAAP financial measures, Actua reconciles its non-GAAP financial measures to the nearest comparable GAAP financial measures and recommends that investors and potential investors do not give undue weight to its non-GAAP financial measures. Actua is providing the following historical GAAP revenues, as reported to provide information as to what our GAAP revenues are excluding the revenues of GovDelivery, as they are now presented net within  discontinued operations, in those respective periods in the table below.


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.


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.


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.


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.


Grant
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.

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