News Article | May 1, 2017
Espire Infolabs is delighted to be a gold sponsor at MuleSoft Summit to be held on May 17th at The Brewery, London. London, United Kingdom, May 01, 2017 --( MuleSoft, the leading provider of integration platform (Mule ESB and CloudHub) for connecting SaaS & enterprise applications in the cloud and on-premise, understands this complex business problem. With its powerful integration platform, MuleSoft is seamlessly integrating the wide spectrum of disparate applications that drive various business functions of organisations - be it sales, marketing, customer experience or HR. The resulting superior, delightful and consistent customer and business user experiences are translating into enhanced revenue and profitability for companies. Espire Infolabs, a global technology services company and a MuleSoft partner is solving this problem for global businesses, with its transformative Customer Engagement Hub (CEH), which leverages MuleSoft’s market-leading Anypoint Platform™ and API-led approach as one of its core technologies. To exchange thoughts on building an application network that can deliver impactful and profitable customer, partner and employee experiences, MuleSoft is hosting MuleSoft Summit on May 17th at The Brewery, London. The summit would be attended by leading CIOs, IT leaders, integration architects and development leads across the globe. Espire has today announced that it is a gold sponsor of MuleSoft Summit. This is in line with Espire’s commitment to bring the competitive edge of application networks to businesses. As a MuleSoft partner and a gold sponsor at the MuleSoft Summit, Espire will showcase how its customer engagement hub (CEH) enables enterprises to deliver compelling and profitable multi-channel customer experiences by harnessing the powerful fabric of connected data, devices and applications. Attendees of MuleSoft summit will get to experience a full day of innovation, best practices and interactive discussions with peers around digital transformation, and learnings on why API-led connectivity is the secret weapon to building robust application network. To attend the MuleSoft Summit, London 2017, write to us or register directly on espire's website. About Espire Infolabs Espire Infolabs is a global technology services company empowering businesses to drive growth and customer engagement with exceptional digital experience solutions through digital content management, multi-channel customer communication management, enterprise applications, cloud computing, integration and analytics. It is a SEI CMMI Level 5 Ver 1.3 (Dev + SVC) Appraised, ISO 27001:2013, ISO 9001:2015, ISO 20000-1:2011 and ISO 22301 Certified Company. Espire Infolabs has offices in UK, USA, Canada, Australia, New Zealand, Singapore and Development Centers in India (Gurgaon, Delhi and Pune). For more information, please visit the website. London, United Kingdom, May 01, 2017 --( PR.com )-- In the digital era, delivering compelling customer, partner and employee experiences is emerging as the most powerful competitive edge for businesses. To drive this business outcome, strategic digital transformation is essential, where data, devices and enterprise applications are woven together into a powerful network.MuleSoft, the leading provider of integration platform (Mule ESB and CloudHub) for connecting SaaS & enterprise applications in the cloud and on-premise, understands this complex business problem. With its powerful integration platform, MuleSoft is seamlessly integrating the wide spectrum of disparate applications that drive various business functions of organisations - be it sales, marketing, customer experience or HR. The resulting superior, delightful and consistent customer and business user experiences are translating into enhanced revenue and profitability for companies.Espire Infolabs, a global technology services company and a MuleSoft partner is solving this problem for global businesses, with its transformative Customer Engagement Hub (CEH), which leverages MuleSoft’s market-leading Anypoint Platform™ and API-led approach as one of its core technologies.To exchange thoughts on building an application network that can deliver impactful and profitable customer, partner and employee experiences, MuleSoft is hosting MuleSoft Summit on May 17th at The Brewery, London. The summit would be attended by leading CIOs, IT leaders, integration architects and development leads across the globe.Espire has today announced that it is a gold sponsor of MuleSoft Summit. This is in line with Espire’s commitment to bring the competitive edge of application networks to businesses. As a MuleSoft partner and a gold sponsor at the MuleSoft Summit, Espire will showcase how its customer engagement hub (CEH) enables enterprises to deliver compelling and profitable multi-channel customer experiences by harnessing the powerful fabric of connected data, devices and applications.Attendees of MuleSoft summit will get to experience a full day of innovation, best practices and interactive discussions with peers around digital transformation, and learnings on why API-led connectivity is the secret weapon to building robust application network. To attend the MuleSoft Summit, London 2017, write to us or register directly on espire's website.About Espire InfolabsEspire Infolabs is a global technology services company empowering businesses to drive growth and customer engagement with exceptional digital experience solutions through digital content management, multi-channel customer communication management, enterprise applications, cloud computing, integration and analytics. It is a SEI CMMI Level 5 Ver 1.3 (Dev + SVC) Appraised, ISO 27001:2013, ISO 9001:2015, ISO 20000-1:2011 and ISO 22301 Certified Company. Espire Infolabs has offices in UK, USA, Canada, Australia, New Zealand, Singapore and Development Centers in India (Gurgaon, Delhi and Pune). For more information, please visit the website. Click here to view the list of recent Press Releases from Espire Infolabs
News Article | May 18, 2017
Move to make students cyber savvy in view of growing cyber-attacks; EC Council is world's largest cyber security technical certification body; University of Portsmouth to launch its first Forensic Computing degree programme in Singapore SINGAPORE--(Marketwired - May 17, 2017) - The National University of Singapore (NUS) and Nanyang Technological University (NTU) networks were breached by hackers last month (April 2017), according to the Cyber Security Agency (CSA) and the Ministry of Education (MOE). CSA said: "We know who did it, and we know what they are after..." This is a case of cyber forensics at work -- using forensic computing to secure and examine digital evidence which is central to criminal investigations involving digital media. Singapore's Ministries of Defence and Foreign Affairs systems have also been breached. And just over the past weekend, about 150 countries worldwide were hit by cyber-attacks on an unprecedented scale. It is against this backdrop that Kaplan Singapore is beefing up its cyber security programmes offered through reputed partner universities to produce digital forensics and cyber security specialists in response to a growing market for such personnel to fight rising cybercrime. The initiatives are: Murdoch University already offers four degree programmes in Cyber Forensics (part-time and full-time) through Kaplan: Graduates of these programmes are already employed in civil service and the private sector. The Cyber Security Landscape In Singapore, Minister for Communications and Information Yaacob Ibrahim has said that the cyber security sector is projected to grow to about S$900m by 2020. There is a National Cyber Security Masterplan 2018 which aims to: Worldwide, statistics from the Norton Cyber Security Insights Report 2016 show that there were 689 million victims of cybercrime -- i.e. 1.8 million victims per day and 21 victims per second. Since 2015, US$126 billion has been spent dealing with cybercrime globally. Seventeen new programmes to be launched by Kaplan The University of Portsmouth degree programme on Forensic Computing is one of 17 new programmes to be launched by Kaplan with reputed overseas universities from August this year to meet the changing market demand for personnel. All the programmes will be offered on both a part-time or full-time basis. It will also launch Murdoch University degree programmes in Journalism with an option for five other double majors -- Communications and Media Studies, Management, Marketing, Public Relations, and Web Communications. Other programmes include: University of Portsmouth courses in Psychology, Software Engineering, and Economics, Finance and Banking; a RMIT Masters programme in Engineering (Management), and Northumbria University programmes in Accounting and Childhood Studies and Early Years. (Please refer to the chart below.) About EC-Council International Council of E-Commerce Consultants, also known as EC-Council, is the world's largest cyber security technical certification body. EC-Council operate in 145 countries globally and are the owner and developer of the world-famous Certified Ethical Hacker (CEH), Computer Hacking Forensics Investigator (C|HFI), Certified Security Analyst (ECSA), License Penetration Testing (Practical) programs, among others. EC-Council has trained and certified over 200,000 information security professionals globally that have influenced the cyber security mindset of countless organisations worldwide. EC-Council certification programs are recognised worldwide and have received endorsements from various government agencies including the US Federal Government via the Montgomery GI Bill, and the US Government National Security Agency (NSA) and the Committee on National Security Systems (CNSS) certifying EC-Council's Certified Ethical Hacking (CEH), Network Security Administrator (ENSA), Computer Hacking Forensics Investigator (CHFI), Disaster Recovery Professional (EDRP), Certified Security Analyst (E|CSA) and Licensed Penetration Tester (LPT) program for meeting the 4011, 4012, 4013A, 4014, 4015 and 4016 training standards for information security professionals and most recently EC-Council has received accreditation from the American National Standards Institute (ANSI). Kaplan Singapore is a private education provider comprising of three entities - Kaplan Higher Education Academy (KHEA), Kaplan Higher Education Institute (KHEI) and Kaplan Learning Institute (KLI). Through its three entities, Kaplan offers more than 300 full-time and part-time academic programmes, over 200 WSQ courses and professional qualifications such as ACCA, CFA and others, for young and adult learners to pursue their qualifications of interest. Kaplan serves over 30,000 learners from more than 30 countries worldwide. It was conferred a record of 9 awards at the JobsCentral Learning Training and Education Development (T.E.D.) Awards 2016, making Kaplan the "Best Private Education Institution", "Best Corporate Training Provider" and "Gold Standard Service Provider" in the selected categories/discipline by entity. Kaplan in Singapore is the only private education provider to be awarded the 4-year EduTrust Certification for all its 3 entities. This affirms Kaplan's commendable performance in key areas of management and the provision of educational services.
News Article | May 16, 2017
At the Global STEM Talent Summit in Washington, D.C. on April 28, EC-Council President and Founder Jay Bavisi presented a keynote talk that resonated deeply with STEMconnector’s core mission. Introduced by Edie Fraser, CEO of STEMconnector, Bavisi addressed the crowd regarding the tremendous threats crucial organizations like hospitals face. Just 10 days later, Britain's National Health Service (NHS) faced the worst attack it has ever seen. The attack affected up to 70,000 devices vital to the operations of many hospitals all over Britain such as computers, MRI scanners, blood-storage refrigerators and other equipment. His presentation covered the beginnings of the ethical hacking industry, from resistance from governments and businesses to the word “hacking” to today where cyber risk is now an existential threat to organizations around the world. In his keynote, Bavisi touched on the hacking of medical devices, the threat of ransomware, and the fact that large organizations are not doing enough to protect their essential functions. These points all factored into what happened last week. However, even though hacker is no longer a bad word, there is still resistance from organizations to spend money to secure their information. Despite an increase in technology solutions to help organizations secure their most important assets, there are more serious breaches every year. The root of the problem, according to Bavisi, is there is a severe shortage of talent. This is due at least partly to the fact that there aren’t foundational information security training programs integrated into traditional education. When testing programming students, for example, EC-Council found that out of 11,000 computer science students, 99.7% did not understand the basics of cybersecurity. This means that when these programmers enter the workforce and start creating and managing code for corporations and other organizations, their code will likely function but will be insecure, creating huge vulnerabilities for malicious hackers to exploit. The solution, according to Bavisi, is increasing the awareness of cybersecurity all over the world via gamification. One example of this solution, is EC-Council Foundation’s Global CyberLympics, their worldwide hacking competition. For organizations, Bavisi recommends re-training existing IT workers as information security experts to fill gaps in security programs. The best solution highlighted by Bavisi is for organizations to partner with education and training providers to develop custom training programs designed to ensure that incoming employees meet the needs of the organization. The Global STEM Talent Summit Initiative was designed as an employer led three-year Strategic Roadmap to deliver short, mid and long-term STEM Talent development strategies from implementation, execution and impact. In addition, the Summit offers deep dive discussions and perspectives on future STEM 2.0 capabilities required for STEM talent to be highly successful in careers pathways. About EC-Council EC-Council has been the world’s leading information security certification body since the launch of their flagship program, Certified Ethical Hacker (CEH), which created the ethical hacking industry in 2002. Since the launch of CEH, EC-Council has added industry-leading programs to their portfolio to cover all aspects of information security including EC-Council Certified Security Analyst (ECSA), Computer Hacking Forensics Investigator (CHFI), Certified Chief Information Security Officer (CCISO), among others. EC-Council Foundation, the non-profit branch of EC-Council, created Global CyberLympics, the world’s first global hacking competition. EC-Council Foundation also hosts a suite of conferences across the US and around the world including Hacker Halted, Global CISO Forum, TakeDownCon, and CISO Summit. For more information about EC-Council, please see http://www.eccouncil.org. About STEMconnector® STEMconnector® is a consortium of 165 member companies, associations, societies, policy organizations, government entities, universities, and academic institutions concerned with STEM education and the future of human capital. With several products and services, STEMconnector® is both a resource and a service, designed to link “all things STEM.” STEMconnector’s network includes organizations at the global, national, state, and local levels. STEMconnector® focuses on the STEM workforce and jobs, with a particular emphasis on diversity and women. Our work spans the entire pipeline (Kindergarten to Jobs) and how STEM education experiences translate into careers.
News Article | May 16, 2017
The last 10 months were the driest July to April for southern England in records stretching back more than 100 years, figures reveal. April was “exceptionally” dry with most of the UK seeing less than half the average rainfall, the Centre for Ecology and Hydrology (CEH) said. Some parts of southern England and eastern Scotland had less than a fifth of the normal rainfall for the month, it said. For the UK overall, April was joint ninth driest in records dating back to 1910, recording 49 per cent of average rainfall. Only the Highlands saw more rain than the 1981-2010 average. The southern region of England registered its driest July-to-April period in the records, the CEH said. As a result soils were dry, river flows were substantially below average for most of the UK, and most aquifers in south-east England were below normal, the CEH’s monthly hydrological summary for the country showed. It warned the summer would probably see dry soils and low river flows, which could cause issues for agriculture and put pressure on the environment in rivers, streams, ponds and wetlands. But “extensive water supply restrictions are unlikely this year”, the report said, although there could be localised pressure on resources, depending on how much rain there is in the coming months. The report comes after the Environment Agency downplayed concerns of drought, saying it was monitoring the situation following the dry weather but stressing that the UK was not experiencing critically low supplies. Affinity Water, based in south-east England, has issued advice to customers about conserving water ahead of the summer. “Following a dry winter, some rivers, groundwaters and reservoirs are lower than normal for the time of year,” said a spokesman for industry body Water UK. “We always advise that everyone use water wisely – especially during a period of dry weather – and to follow the advice of their water company should water-saving measures be required.” “Water companies are working with the Environment Agency, businesses and farmers to minimise any potential impacts to people and the environment should the dry weather continue.” The National Farmers’ Union (NFU) is advising members how to use water wisely to prevent crops being damaged by the dry weather. “Farmers can and do act early to improve their prospects of coping with prolonged dry periods by using water-saving devices like effective use of irrigation equipment, science-based soil and water management, and irrigation best practice,” said Paul Hammett, NFU water resources specialist.
News Article | May 25, 2017
The New Mexico Technology Council’s Smart Cities event, hosted by information security leader EC-Council, focused on building Smart Cities in New Mexico and included a panel of IT experts and stakeholders from around the state, moderated by veteran Albuquerque journalist Gene Grant. The sold-out event also featured a panel of speakers voicing concerns and ideas for New Mexico’s tech community. The panelists represented a range of perspectives and included Larry Worstell, Former Acting City of Santa Fe and ITT Director and Infrastructure Services Manager; Peter Ambs, CIO, City of Albuquerque; and Bruce Oakeley, Deputy CIO, NMDOT. Eric Lopez, EC-Council’s VP, said, “EC-Council is proud to host the Smart Cities conference and impressed by the leadership and innovation shown by the New Mexico Tech Council.” Gene Grant, the “Building Cities of the Future – Insights from our Community CIO’s” panel moderator, said, “I can't express enough how perfect this event was for me not only as a moderator of the panel but as an attendee. This was an important event for New Mexico. It was timely, informative and necessary.” After the panel presentation, there were four breakout sessions all throughout the EC-Council building presented by speakers from CheckPoint, the City of Las Vegas, AT&T, Deloitte, and the New Mexico Department of Information Security, among others. The breakout sessions focused on information security, sensor technology, IoT, how smart cities can enhance public safety, and other topics. A particularly resonate topic was presented by Michael Sherwood, Director of Technology and Innovation for the City of Las Vegas. Sherwood spoke on the importance of innovation in achieving smart city status and how that model has serviced Las Vegas financially. The closing presentation was delivered by Denise Lee, Senior Manager, Deloitte Advisory. Lee’s talk, entitled Deloitte’s 360ᵒ Smart City Framework: From Vision to Reality, the true value of attaining smart city status. Lee stressed that, “The result is an urban center that not only leverages technology to improve its own operations, but connects with citizens, business, and non-profits in new ways.” EC-Council has been the world’s leading information security certification body since the launch of their flagship program, Certified Ethical Hacker (CEH), which created the ethical hacking industry in 2002. Since the launch of CEH, EC-Council has added industry-leading programs to their portfolio to cover all aspects of information security including EC-Council Certified Security Analyst (ECSA), Computer Hacking Forensics Investigator (CHFI), Certified Chief Information Security Officer (CCISO), among others. EC-Council Foundation, the non-profit branch of EC-Council, created Global CyberLympics, the world’s first global hacking competition. EC-Council Foundation also hosts a suite of conferences across the US and around the world including Hacker Halted, Global CISO Forum, TakeDownCon, and CISO Summit. For more information about EC-Council, please see http://www.eccouncil.org. The New Mexico Technology Council (NMTC) is a member-driven association of businesses, organizations and tech professionals working together to promote the growth and success of New Mexico’s technology business sectors. We believe our technology community is the catalyst for inspiration and leadership that transforms our state into a world-center for business innovation, creative thinking, community involvement and educational support.
News Article | May 11, 2017
Peter C. Boylan III, CELP’s Chairman and Chief Executive Officer, stated, “As discussed in March, the first quarter is seasonally our slowest quarter and it was compounded by our Orla, Texas Permian Basin SWD facility fire and insured loss. Although the first quarter financial performance was sequentially down in all segments, we have seen slow but steady progress through April and into May across all business segments. We have continued to focus on growing and diversifying our customer base, and during the quarter we added 21 new customers across our three business segments. Average domestic inspector headcounts continue to improve, our hydrostatic testing utilization rate has materially improved and our backlog has risen over 30.8% since the end of the first quarter. Our water volumes in April were 4% higher than March, which was also in turn higher than February. Our lines of business are not directly tied to rig count growth and upstream completions and therefore we tend to lag behind the recovery in commodity prices, drilling, and completions that will eventually benefit our operations. 80% of our SWD’s are located in the Bakken region, which has materially lagged behind the recovery in the Permian basin, and a significant number of DUCs exist in both basins that when completed should benefit us. On a positive note, our inspection clients are once again starting new projects and increasing their spending on maintenance and integrity work that was deferred, when possible, during the two year industry downturn.” Mr. Boylan continued, “Our sponsor, Cypress Energy Holdings, LLC (“CEH”), and its affiliates who control our general partner remain aligned with our common unitholders, with an approximate 64% ownership interest in CELP. Because of this alignment, CEH has again provided financial support to CELP with temporary relief of the administrative fee owed to CEH pursuant to the Omnibus Agreement, which would have charged $1.0 million to CELP this quarter absent the relief. As with the Omnibus Agreement relief provided in prior quarters, CEH did not require any consideration from CELP for this additional support. With CELP’s operating performance sequentially improving in April and into May, CEH may not provide any incremental support to CELP for the remainder of 2017. “In the first quarter, we continued to evaluate several interesting acquisition opportunities and are currently working on four different prospects, while maintaining our disciplined approach to both due diligence and valuation. The lower yield in our common units provides additional flexibility in the consideration we can offer when bidding on accretive opportunities and providing sellers a tax efficient alternative to cash. CEH remains willing to deploy capital to assist CELP in acquiring attractive assets that may be larger than what CELP can currently acquire independently, with plans to offer those assets to CELP as drop-down opportunities. “As we announced in April, our next cash distribution will be $0.21 per limited partner unit. Our Board believes it was prudent and responsible to make the difficult decision to reduce our quarterly distribution for the first time since our initial public offering in January of 2014 by approximately 48%. If this distribution level is maintained throughout 2017 it will provide approximately $9.3 million of internally generated capital on an annualized basis, compared to the previous distribution level of $0.406413 per quarter ($1.63 annualized). This additional capital will provide the Company with increased liquidity and reduced leverage, will enable the Company to invest in selected growth projects, and will strengthen the Company’s balance sheet. We believe this action has provided a sound catalyst to reduce our previously elevated cost of capital by de-levering the Company and increasing the distribution coverage for our unitholders. We are confident these actions support the long-term interests of our unitholders, employees, and other stakeholders. We continue to see encouraging signs with some new customer additions and we are focused on organic growth, and improved SWD asset utilization to improve cash flow that will in turn contribute to the improvement of all of our financial ratios. We continue to believe the fundamental increased demand for inspection and water disposal remains strong over the long-term, but the recovery has been slower than previously anticipated.” CELP will file its quarterly report on Form 10-Q for the period ended March 31, 2017 with the Securities and Exchange Commission no later than Monday, May 15th. CELP will also post a copy of the Form 10-Q on its website at www.cypressenergy.com. CELP will host an earnings call on Friday, May 12th, 2017, at 11:00am EDT (10:00am CDT) to discuss its first quarter 2017 financial results. Analysts, investors, and other interested parties may access the conference call by dialing Toll-Free (US & Canada): (888) 390-3983 or International Dial-In (Toll): (862) 255-5354. An archived audio replay of the call will be available on the investor section of our website at www.cypressenergy.com beginning at 10:00am EDT (9:00am CDT) on May 16th, 2017. CELP defines Adjusted EBITDA as net income (loss), plus interest expense, depreciation, amortization and accretion expenses, income tax expenses, impairments, offering costs, non-cash allocated expenses and equity based compensation. CELP defines Adjusted EBITDA attributable to limited partners as net income (loss) attributable to limited partners, plus interest expense attributable to limited partners, depreciation, amortization and accretion attributable to limited partners, impairments attributable to limited partners, income tax expense attributable to limited partners and equity based compensation attributable to limited partners. CELP defines Distributable Cash Flow as Adjusted EBITDA attributable to limited partners excluding, cash interest paid, cash income taxes paid, and maintenance capital expenditures. These are supplemental, non-GAAP financial measures used by management and by external users of our financial statements, such as investors and commercial banks, to assess our operating performance as compared to those of other companies in the mid-stream sector, without regard to financing methods, historical cost basis or capital structure; the ability of our assets to generate sufficient cash flow to make distributions to our unitholders; our ability to incur and service debt and fund capital expenditures; the viability of acquisitions and other capital expenditure projects; and the returns on investment of various investment opportunities. The GAAP measures most directly comparable to Adjusted EBITDA, Adjusted EBITDA attributable to limited partners, and Distributable Cash Flow are net income (loss) and cash flow from operating activities, respectively. These non-GAAP measures should not be considered as alternatives to the most directly comparable GAAP financial measure. Each of these non-GAAP financial measures exclude some, but not all, items that affect the most directly comparable GAAP financial measure. Adjusted EBITDA, Adjusted EBITDA attributable to limited partners and Distributable Cash Flow should not be considered an alternative to net income, income before income taxes, net income attributable to limited partners, cash flows from operating activities, or any other measure of financial performance calculated in accordance with GAAP as those items are used to measure operating performance, liquidity, or the ability to service debt obligations. CELP believes that the presentation of Adjusted EBITDA, Adjusted EBITDA attributable to limited partners and Distributable Cash Flow will provide useful information to investors in assessing our financial condition and results of operations. CELP uses Adjusted EBITDA, Adjusted EBITDA attributable to limited partners and Distributable Cash Flow as a supplemental financial measure to both manage our business and assess the cash flows generated by our assets (prior to the establishment of any retained cash reserves by the general partner) to fund the cash distributions we expect to pay to unitholders, to evaluate our success in providing a cash return on investment, and whether or not the Partnership is generating cash flow at a level that can sustain or support an increase in its quarterly distribution rates and to determine the yield of our units, which is a quantitative standard used throughout the investment community with respect to publicly-traded partnerships, as the value of a unit is generally determined by a unit’s yield (which in turn is based on the amount of cash distributions the entity pays to a unitholder). Because adjusted EBITDA, adjusted EBITDA attributable to limited partners and Distributable Cash Flow may be defined differently by other companies in our industry, our definitions of Adjusted EBITDA, Adjusted EBITDA attributable to limited partners and Distributable Cash Flow may not be comparable to similarly titled measures of other companies, thereby diminishing their utility. Reconciliations of (i) Adjusted EBITDA to net income, (ii) Adjusted EBITDA attributable to limited partners and Distributable Cash Flow to net income attributable to limited partners and (iii) Adjusted EBITDA to net cash provided by operating activities are provided below. This press release includes “forward-looking statements.” All statements, other than statements of historical facts included or incorporated herein, may constitute forward-looking statements. Actual results could vary significantly from those expressed or implied in such statements, and are subject to a number of risks and uncertainties. While CELP believes its expectations, as reflected in the forward-looking statements, are reasonable, CELP can give no assurance that such expectations will prove to be correct. The forward-looking statements involve risks and uncertainties that affect operations, financial performance, and other factors as discussed in filings with the Securities and Exchange Commission. Other factors that could impact any forward-looking statements are those risks described in CELP’s Annual Report filed on Form 10-K and other public filings. You are urged to carefully review and consider the cautionary statements and other disclosures made in those filings, specifically those under the heading “Risk Factors.” CELP undertakes no obligation to publicly update or revise any forward-looking statements except as required by law. Cypress Energy Partners, L.P. is a master limited partnership that provides essential mid-stream services, including pipeline inspection, integrity, and hydrostatic testing services to various energy companies and their vendors throughout the U.S. and Canada. Cypress also provides saltwater disposal environmental services to upstream energy companies and their vendors in North Dakota in the Bakken region of the Williston Basin, and West Texas in the Permian Basin. In all of these business segments, Cypress works closely with its customers to help them comply with increasingly complex and strict environmental and safety rules and regulations, and reduce their operating costs. Cypress is headquartered in Tulsa, Oklahoma. Reconciliation of Net Loss Attributable to Limited Partners to Adjusted EBITDA and Distributable Cash Flow Attributable to Partners (in thousands) Reconciliation of Net Cash Provided by Operating Activities to Adjusted EBITDA
News Article | May 10, 2017
Cyberspace and its underlying infrastructure are vulnerable to a wide range of risks stemming from both physical and cyber threats and hazards. The demand for an experienced and qualified workforce to protect networks and information systems has never been higher. To develop a more resilient and capable cyber nation, ETA® International (ETA) and the University of Charleston West Virginia (UCWV) have entered into a Memorandum of Understanding (MOU) to work together to develop a highly-skilled cybersecurity workforce across industry and government. Effective cybersecurity workforce development with ETA’s Information Technology Security (ITS) can help organizations more efficiently and effectively recruit qualified cybersecurity professionals. Under the School of Business and Leadership, the University of Charleston West Virginia (UCWV) offers a Bachelor’s of Science in Cybersecurity with a mixture of academic and practitioner-level certifications. A combination of foundational courses (28 hours), Cyber prerequisite courses (nine hours), Cyber required courses (nine hours), Cyber elective courses (15-18 hours), minor selection (18 hours), and general electives worth 38 hours round out the total Bachelors of Science in Cybersecurity degree. ETA’s ITS could be taken as a junior-level cyber elective that would earn the student three college credits. "I'm excited to have a signed partnership between ETA and UCWV enabling us to help train today's and tomorrow's cyber warriors,” said Matthew D. Gonzalez, PhD, CEH, CHFI, PMP, Cyber Program Director, UCWV. He added, “Our program combines certification training while achieving college credit at the same time so that students can become marketable and knowledgeable to become a part of the cyber workforce!" UCWV graduates will be prepared to contribute to and lead others in quickly-evolving dimensions of Information Technology (IT) related to cybersecurity. In alliance with The National CyberSecurity Workforce Framework, UCWV graduates will be prepared for a variety of careers in the rapidly growing industry of cybersecurity. Potential job opportunities, according to The National CyberSecurity Workforce Framework and U.S. Department of Labor (DOL), include but are not limited to: Information Security Analyst, Information Systems Security Engineer, Intrusion Detection System (IDS) Administrator, Engineer or Technician, Network Administrator, Computer Crime Investigator, Cyber Trainer and Chief Information Security Officer. The DOL’s O*NET Online rates Information Security Analysts as a Bright Outlook career with projected job growth predicted to grow much faster than other careers with an average of 14% or higher and the median wages last year for this occupation was $92,600. As cyber threats continue to evolve, the nation’s protection against them relies on a steady stream of qualified cybersecurity professionals entering the workforce. Training is essential to preparing the cybersecurity workforce of tomorrow, and for keeping current cybersecurity workers up-to-date on skills and evolving threats. These professionals are critical in both private industry and the government for the security of individuals and the nation. “As our use of the internet increases, the threat to internet security by cybercrimes grow in frequency and intensity,” said ETA President Teresa Maher, CSS. She added, “Skilled workers able to identify, remediate and protect against this growing threat are of vital importance to virtually each and every business.” This Memorandum of Understanding is also intended to reflect the cooperative efforts between ETA and UCWV to expand, enhance and improve educational opportunities to ETA members with a reduced tuition rate for UCWV’s online and hybrid undergraduate or graduate degree programs in Business or Leadership. Programs include Bachelor’s of Science degrees in Accounting, Business Administration, Organizational Leadership (with concentrations in Healthcare, Aviation, Non-Profits and Emergency Services) and Cybersecurity. Become an ETA member and take advantage of this savings program today! To join the professional trade association, call ETA at 800-288-3824 or sign up online at http://www.eta-i.org/membership.html. Then find out how to apply the discount by contacting UCWV at 1-800-995-4682 or http://www.ucwv.edu/. About ETA - Since 1978, ETA has delivered over 200,000 professional certifications plus nearly 40,000 FCC license exams. Widely recognized and frequently used in worker job selection, hiring processes, pay increases, and advancements, ETA certifications are often required as companies bid on contracts. ETA certifications measure and validate competencies of persons, not products or vendors. All ETA certifications are accredited through the International Certification Accreditation Council (ICAC) and align with the ISO-17024 standard. ETA is a professional trade association that connects members with other professionals from around the world to discuss issues, share experiences, and learn from one another. http://www.eta-i.org About University of Charleston West Virginia - The mission of the University of Charleston is to educate each student for a life of productive work, enlightened living and community involvement. The University's mission is an expression of shared values and goals, including: Offering selected quality programs affording professional preparation in a liberal arts environment; Preparing students to live in an increasingly complex and changing society by helping them develop the knowledge, abilities, and character needed to be lifelong learners; and Utilizing and enriching the strong relationship between the University and the greater Charleston community to prepare students for a life rich in community involvement. http://www.ucwv.edu/
News Article | February 15, 2017
Cyber Defense Magazine, the industry’s leading electronic information security magazine and a media partner of the RSA® Conference 2017, has named winners in numerous categories for their innovations in the field of information security. While most of the winning companies will be showcasing their technologies, products and services at the conference, many being showcased in the annual print edition of Cyber Defense Magazine at the conference and then online on February 13th, 2017 in the monthly electronic edition of the magazine. “We’re very pleased to announce these next-generation INFOSEC leaders at #RSAC who deserve our coveted awards for 2017. The competition was fierce, after many months of review and judging by leading independent information security experts, Cyber Defense Magazine is pleased to have selected those on this list as the next-generation of innovation for the information security marketplace,” said Pierluigi Paganini, editor-in-chief, Cyber Defense Magazine. About CDM Awards: This is Cyber Defense Magazine’s 4th year of honoring these next generation leaders as INFOSEC Winners of CDM’s awards. Winner’s won titles such as, “Hot Company,” “Best Product,” “Most Innovative,” “Cutting Edge” and “Editor’s Choice of 2017.” Our submission requirements are for any startup, early stage, later stage or public companies in the INFOSEC space who believe they have a unique and compelling value proposition for their product or service. The judges are CISSP, FMDHS, CEH, certified security professionals who will be voting based on their independent review of the Company materials on the website of each submission including but not limited to data sheets, white papers, product literature and other market variables. CDM has a flexible philosophy to find more innovative players with new and unique technologies, than the one with the most customers or money in the bank. CDM is always asking “What’s Next?” so we are looking for Next Generation INFOSEC Solutions. #RSAC is the BEST place for Cyber Defense Magazine to find these Next Generation INFOSEC products, services and solutions. For the full details of each respective winner and their award, print editions are freely available throughout the RSA® Conference 2017 expo floor and at our Media Kiosk M1 outside the North Expo Hall or signup for an always free online edition. http://www.cyberdefensemagazine.com/e-magazines/ About Cyber Defense Magazine Cyber Defense Magazine was originally founded in 2012 by Gary S. Miliefsky, globally recognized cyber security thought leader, inventor and entrepreneur and continues to be the premier source of IT Security information. He handed the reigns over to the white hat team of Pierluigi Paganini and Stevin Miliefsky in early 2013 and continues to support CDM as the Executive Producer. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products and services in the information technology industry. We deliver electronic magazines every month online for free, and limited print editions exclusively for the RSA conferences and our limited edition paid reprint subscribers. Learn more about us at http://www.cyberdefensemagazine.com.
News Article | February 24, 2017
EC-Council, world famous creator of the Certified Ethical Hacker (CEH) certification, is bringing hybrid training courses to the 21st CISSE Colloquium. The Colloquium has long been the forum for cyber security educators, researchers, and practitioners to work together to improve infosec education to ensure its alignment with industry trends, emerging threats, and industry job requirements. The specialized training will combine EC-Council’s asynchronous training along with a one-day, in-person exam prep boot camp after which participants can immediately put their knowledge to work on the certification exam. The three courses being offered are Certified Ethical Hacker (CEH), EC-Council’s groundbreaking flagship program, Certified CISO (CCISO), EC-Council’s industry-leading executive program designed to create innovative infosec leaders and Certified Network Defender (CND) EC Council’s newest cyber defender course. Prior to arriving to the conference, students will be given access to the online version of each of these classes via EC-Council’s online program which allows participants to learn at their own pace and on their own schedule. Their learning will be reinforced by the one-day exam prep wherein the instructor will review the content, answer questions, and lead discussions in preparation for the certification exam at the end of the day. The missions of EC-Council and CISSE are focused on improving the information security training available to the industry. Tamara Shoemaker, Director, UDM Center for Cyber Security & Intel Studies and Operations Manager for CISSE had this to say about the partnership, "EC-Council and our Universities have been partnering for years, it is exciting to have that come together nationally at our 21st Annual CISSE conference in Vegas!" The Colloquium has become the leading proponent for implementing courses of instruction in infosec in education and the partnership between the two organizations goes back to 2013 when EC-Council’s CEO, Jay Bavisi, was invited to speak for the first time at the Colloquium. That year, Bavisi’s talk focused on coming cyber threats, highlighting that the key to combating them would be education. A year later, at the 2013 Colloquium, Bavisi was honored with the 2013 Industry Leadership Award, recognizing his work in promoting infosec education programs, his generous philanthropic efforts to colleges and universities around the nation, and his leadership in developing cyber security competitions. Bavisi was elected to the governing board of CISSE in 2014. “This newest partnership gives participants in the Colloquium the opportunity to earn a new certification as well as take a deep dive into three of the industry’s most important areas: executive leadership, ethical hacking and network defense.” Said Eric Lopez, Vice President of EC-Council. About EC-Council EC-Council has been the world’s leading information security certification body since the launch of their flagship program, Certified Ethical Hacker (CEH), which created the ethical hacking industry in 2002. Since the launch of CEH, EC-Council has added industry-leading programs to their portfolio to cover all aspects of information security including EC-Council Certified Security Analyst (ECSA), Computer Hacking Forensics Investigator (CHFI), Certified Chief Information Security Officer (CCISO), among others. EC-Council Foundation, the non-profit branch of EC-Council, created Global CyberLympics, the world’s first global hacking competition. EC-Council Foundation also hosts a suite of conferences across the US and around the world including Hacker Halted, Global CISO Forum, TakeDownCon, and CISO Summit. For more information about EC-Council, please see http://www.eccouncil.org. About CISSE The Colloquium for Information Systems Security Education (CISSE) was created in 1996 to provide a forum for dialogue among leading figures in academia, industry and government. The Colloquium recognizes that the protection of information and infrastructures that are used to create, store, process, and communicate information is vital to business continuity and security. For 20 years CISSE has supported Cyber Security educators, researchers and practitioners in their efforts to improve curricula and foster discussion of current & emerging trends. The Colloquium's membership works together to define requirements for cyber security education and to influence and encourage the development and expansion of information security curricula and course ware globally. CISSE provides a supportive environment for these discussions to flourish, for more information please visit http://www.cisse.info
News Article | February 24, 2017
The CEH scientists have created a model which is able to qualitatively and quantitatively predict how the deadly bacterial pathogen may spread as well as offer guidance on how buffer zones should be arranged to protect uninfected olive trees. The research, published in the journal Biological Invasions, highlights how Xylella fastidiosa is influenced by a range of insects - including spittlebugs - and the rate to which these vectors contribute to the potential spread of the disease across Europe and beyond. Xylella fastidiosa was once restricted to the Americas but was discovered near Lecce, Italy, in 2013. Since the initial outbreak it has invaded over 23,000 ha of olives in the Apulian Region of southern Italy, and is of great concern throughout the olive production areas of the Mediterranean basin. The study modelled control zones currently employed in Apulia, Italy, and found that increasing buffer widths decreased infection risk beyond the control zone but may not stop the spread completely. This was due to the ability of the disease-spreading insects to transport themselves between sites. Lead author Dr Steven White, a Theoretical Ecologist at the Centre for Ecology & Hydrology, said the model indicates the importance of control strategies reducing the risk of the disease-spreading insects infecting healthy trees through the use of wider buffer zones. Dr White said, "At these early stages of Xylella fastidiosa invasion, little is known about the rates of spread of this terrible disease of olive trees and how best to control it. This is largely due to biological and environmental differences between where the strain is invading and where it has originated. "Based on current surveillance work in Apulia, Italy, we have constructed a simple mechanistic model which attempts to replicate the pattern of disease spread. Then, building upon this model, we investigated the efficacy of the buffer zone control programme. "In doing so, this work provides policy makers with scientific information about how the disease might progress and how the control strategies imposed by the European Union may reduce the risk of spread to the rest of Italy and beyond." Co-author, Dr Daniel Chapman, a Plant Community Ecologist at the Centre for Ecology & Hydrology, said, "The emergence of novel invasive plant diseases such as Xylella fastidiosa in olives is an increasing threat. Our study shows that simple models can help to plan disease management strategies in the early stages of an epidemic. "Thanks to new funding from the European Union, we will be further developing the approach to provide specific guidance on surveillance, containment and even eradication of new outbreaks." More information: Steven M. White et al, Modelling the spread and control of Xylella fastidiosa in the early stages of invasion in Apulia, Italy, Biological Invasions (2017). DOI: 10.1007/s10530-017-1393-5