News Article | April 27, 2017
Energijos Skirstymo Operatorius AB (hereinafter – the Company), identification code 304151376, registered office placed at Aguonu str. 24, Vilnius, Republic of Lithuania. The total number of registered ordinary shares issued by company is 894 630 333; ISIN code LT0000130023. The Company informs that on 26 April, 2017 the Supervisory Board of the Company adopted a decision to elect Saulius Vaičekauskas as the new member of the Board in charge of the area of network operations from the end of the meeting of the Supervisory Board of the Company that elected him until the end of the term of office of the current Board of Directors. The newly elected member of the Board will take the office of the Director of Network Operations Division. "I am glad that I will be able to contribute to a safer and more reliable energy supply to the customers. I am ready to continue work, search and install advanced electricity and natural gas distribution network technological solutions enabling to increase the operating efficiency of the distribution networks", - said S. Vaičekauskas. S. Vaičekauskas has accumulated 14 years of management experience in the field of energy. Since the establishment of ESO in 1 January, 2016 he led Company's Metering Management department. Until then for nearly five years he led LESTO Operations department, during 2003-2010 he managed Electricity Supply and Accounting unit of Vakarų Skirstomieji tinklai (VST), worked in other positions. S. Vaičekauskas graduated from Kaunas University of Technology (KTU) and holds a master’s degree of International Trade and bachelor’s degree of Electricity Engineering. Besides S. Vaičekauskas the Board of the Company consists of Dalia Andrulionienė (Chairman of the Board and Chief Executive Officer of the Company), Augustas Dragūnas (Director of Finance and Administration Division), Rytis Borkys (Director of Network Development Division) and Ignas Pranskevičius (Director of Services Division).
News Article | April 21, 2017
BEIJING, April 21, 2017 /PRNewswire/ -- Today, 2017 Tsinghua Aging Industry Forum was convened at Tsinghua University. Centering on the topic of "Layout & Positioning", the Forum discussed the layout of and opportunities in China's aging industry and the specific practical experiences of social organizations, enterprises and individuals. As a leading company of Nutrition, Health and Wellness, Nestle delivered a keynote speech on Nutrition as Part of Solution for Healthy Aging: It also Takes a Village for Healthy Aging in China. Tsinghua Aging Industry Forum has been successfully held for 9 years and has become one of the most influential forum platforms in China's aging care industry. As the first food company invited by the forum, Nestle has always treated nutrition and wellness of the elderly as a focus and one of its research topics. Dr. Kai Yu from Nestle Research Center introduced Nestle's experiences and highlighted the important role of nutrition for healthy aging in China. According to the 6th Census data in 2010, population over 50 years old constituted 28.3% of the total population in China. By 2050, the ratio could reach 1/2. China faces severe aging problem. During the Forum, officials from the Family Development Division of the National Health and Family Planning Commission of the PRC (NHFPC) introduced the main message and background of the Planning of Development of the Aging Industry and the Elderly Care System in the 13th Five-Year Period. The Planning points out that compared to other countries, China faces more complex aging problems. The most severe ones include a large absolute number of old people and a rapidly increasing number of vulnerable elderly who live alone and who are disabled or partially disabled. The demand for elderly care industry is huge. China State Assessment Report on Aging and Health jointly published by WHO and NHFPC validated the situation. The Report mentioned that average life expectancy in China was 76.3 years in 2015. However, average healthy life expectancy was only 66 years old. "In the ten year gap, physical function and quality of life are affected by chronic diseases and other risk factors. Narrowing the 10 year health gap is the main challenge for realizing nationwide healthy aging." Dr. Kai Yu said, "Nestle's research on healthy aging is dedicated to explore nutrition solution for helping to address this challenge. Nestle is committed to improving life quality of the middle aged and the old people and contributing to extending the average healthy life expectancy of the Chinese people by providing healthy nutrition for prevention of nutrition related chronic diseases." During the keynote speech, Kai Yu introduced the concept of "biological age" which is based on measurements of biomarkers and functional indicators. "We usually say that an old person doesn't look like they are in their 70s and they look much younger. There is scientific foundation for why we say that. Published study have shown that biological age can vary up to 20 years depending on health conditions even for people of the same age." Promotion of a healthy life style including improving dietary quality and having sufficient nutrient intake is an important way for prevention of nutrition-relevant non-communicable chronic diseases, which is part of the explanation for the mismatch between biological age and chronological age. Enhancing the quality of life through support of healthy diet and optimal nutrition is the focus for Nestle's R&D in the elderly related area. Increase diet's nutrition and realize the targets of average life expectancy According to Global Burden of Disease Study, the leading factor influencing the Chinese healthy life expectancy was not the environmental factor as is a hot topic for the country, but dietary risk factor. Kai Yu said that evidences from epidemiological studies have shown that the association between dietary quality and healthy aging. A large scale meta-analysis involving cohort data of 396,000 people above 60 years old in Europe and the US sponsored by EU demonstrated that an increase of 10 Healthy Diet Indicator points was significantly associated with a decrease risk of all-cause mortality, equivalent to a two year increase in life expectancy." In laymen's word, the finding of the research suggested that it was never too old to eat healthy. In October 2016, the national Healthy China 2030 Plan proposed that by the year 2030, there is a goal to increase average life expectancy in China to 79 years old, 3 years increase from 76 years in 2015. Kai Yu believed that the improvement of dietary quality and nutrition status would be an important contributor to reach this goal. "Considering the fact that dietary risk as the no.1 risk factor of suboptimal health condition, improving dietary quality could be an important approach to modify risk factors and helping to reach the national goal of increasing life expectancy of the population." China elderly dietary nutrition research carried out by Nestle Research Center and the Chinese Center for Disease Control and Prevention (CDC) showed that among the 11 food categories in residents' dietary pagoda, intake of dairy products and fruits were the two categories that most insufficient compared to the dietary recommendation guideline for population over 60 years old. The daily intake of the two was just around 30 grams, only 10% of the recommended intake level. Enhancing dietary quality is the advice and practice consistently implemented by Nestle in elderly care. Apart from encouraging the elderly to take more dairy products and fruits, Nestle has also innovated dairy products for the cardiovascular benefits of the middle aged and the elderly people with its R&D excellence. Based on expertise from its global food and health R&D network, Nestle launched Yiyang milk powder in China, which was supplemented with phytosterol ester, an ingredient with cardiovascular health benefit. Through clinical trials, Nestle proved for the first time the clinical efficacy of phytosterol ester added milk powder on lowering total cholesterol and LDL-C in a Chinese population and the research was received and published by the leading journal in the field -Chinese Journal of Cardiology. One of the topics of the forum was how government, social organizations, enterprises and individuals could establish synergy in constructing elderly care service system. Nestle proposed to establish healthy aging industry partnership. In his speech, Dr. Kai Yu from Nestle R&D cited Finland as an example to show the importance of cross-function collaboration in helping a country to achieve healthy aging: "the success of Finland is a thrilling case to show if people from different walks of life join together, they can change the world." To reduce its world leading CVD incidence, Finland initiated a pilot community intervention in early 1970s and later upgraded to a nationwide program. Promoted by the government, supported by the Finnish people including industry and lay people, and strengthened by scientific innovation, the national dietary habit was changed. During 35 years' time, mortality of CVD was reduced by 75% (mortality of cancer was reduced by 53% in the same period), making Finland the example of prevention of non-communicable chronic disease recommended by WHO. "The cooperation proposed by Nestle is also a kind of partnership that serves the elderly with more suitable products and services in different aspects in life," said Kai Yu. A while ago, Nestle Yiyang and iQIYI video created "Yiyang 50+ Channel". It is the first video service platform for the elderly in China, providing the elderly with health and wellness information and programs that they are interested in. Nestle Yiyang also collaborated with Xiaomi Mobile on introducing a Yiyang theme pack tailored for the middle aged and the elderly. In the future, Nestle will continue to expand partnership and implement its motto of Creating Shared Value in the healthy aging industry. Nestle R&D used to carry out cultural anthropology studies to compare cross-cultural understanding of aging, with countries studied including China, France, Germany and Russia. The research found out that one common theme of people from different countries when they talked about aging was that instead of talking about age in absolute number, they would take a comparative perspective that make them younger. Marriane Tsanis, Head of Dairy Unit, Nestle Greater China said: "People will not always be young. However through appropriate nutritional diet, and a healthy life style, people can maintain a young condition for longer time. Nestle pays great attention to the genuine request of the middle aged and the elderly. This also reflects Nestle's purpose "Enhancing quality of life and contributing to a healthier future".
News Article | April 25, 2017
Denali Advanced Integration announces the launch of the Enterprise Application Development Division and taps Industry Software Veteran Jamison Jamie Marra to lead the new division. Jamison “Jamie” Marra has been named Executive Vice President of the Enterprise Application Development Division reporting directly to Denali Chief Executive Officer and co-founder Majdi Daher. “The Enterprise Application Development Division will enable Denali to provide offerings across the entire technology stack and meet our customer’s needs end-to-end,” said Majdi Daher, CEO and Founder of Denali, “We’re thrilled to have this group led by such an acclaimed software industry veteran. Jamie has been driving innovation in software development for decades and we are excited about the value provided to our customers through his leadership, expertise and innovation,” Daher continues. “Jamie shares our worldview and knows what it takes to drive new growth in the Enterprise Application Development space,” says Daher. Marra joins Denali from Maxsam Partners where he most recently served as CEO and co-founder. For more than 30 years, Marra has helped Fortune 1000 companies achieve high growth and turnarounds (including transformations) by delivering innovative solutions for their large-scale software initiatives. He has held executive and senior leadership positions at some of the largest high tech companies in the industry such as Microsoft, Amazon.com, EDS, aQuantive and more. Marra specializes in delivering innovative products, building great teams and scaling their capabilities to achieve high-growth business and technical results for customers. “I’m excited to join Denali at such a pivotal and transformative time for the company and the industry. Building new and disruptive enterprise software platforms and solutions for our clients across the globe is a tremendous opportunity, and I look forward to leading these efforts,” said Jamie Marra, Executive Vice President of Enterprise Application Development at Denali. Denali’s Enterprise Application Development Division will focus on seven new core services which include: • Professional Services for Amazon Web Services (AWS) • DevOps Services • Big Data Services (Artificial Intelligence, Machine Learning, and Deep Learning) • IT Software Engineering Staffing • Digital Services • Software Application Development Services • Testing Services Learn more about Denali’s Enterprise Application Development Services. About Denali Advanced Integration Denali delivers Enterprise IT solutions and services, powered by strategic experts and best of breed technologies to help guide our clients through the most complex IT challenges. For nearly 25 years, Denali has been one of the most trusted and prominent technology providers in North America, providing a comprehensive set of technology solutions to enable our customers to grow, maintain and expand their business globally. Learn more at Redmond, WA, April 25, 2017 --( PR.com )-- Denali Advanced Integration , a global leader in providing world-class Enterprise IT solutions and services, today announced the formation of Denali’s Enterprise Application Development Division. The new division is the culmination of our vision and commitment to our customers to create a 360-degree integrated set of offerings across the entire enterprise.Jamison “Jamie” Marra has been named Executive Vice President of the Enterprise Application Development Division reporting directly to Denali Chief Executive Officer and co-founder Majdi Daher.“The Enterprise Application Development Division will enable Denali to provide offerings across the entire technology stack and meet our customer’s needs end-to-end,” said Majdi Daher, CEO and Founder of Denali, “We’re thrilled to have this group led by such an acclaimed software industry veteran. Jamie has been driving innovation in software development for decades and we are excited about the value provided to our customers through his leadership, expertise and innovation,” Daher continues.“Jamie shares our worldview and knows what it takes to drive new growth in the Enterprise Application Development space,” says Daher.Marra joins Denali from Maxsam Partners where he most recently served as CEO and co-founder. For more than 30 years, Marra has helped Fortune 1000 companies achieve high growth and turnarounds (including transformations) by delivering innovative solutions for their large-scale software initiatives. He has held executive and senior leadership positions at some of the largest high tech companies in the industry such as Microsoft, Amazon.com, EDS, aQuantive and more. Marra specializes in delivering innovative products, building great teams and scaling their capabilities to achieve high-growth business and technical results for customers.“I’m excited to join Denali at such a pivotal and transformative time for the company and the industry. Building new and disruptive enterprise software platforms and solutions for our clients across the globe is a tremendous opportunity, and I look forward to leading these efforts,” said Jamie Marra, Executive Vice President of Enterprise Application Development at Denali.Denali’s Enterprise Application Development Division will focus on seven new core services which include:• Professional Services for Amazon Web Services (AWS)• DevOps Services• Big Data Services (Artificial Intelligence, Machine Learning, and Deep Learning)• IT Software Engineering Staffing• Digital Services• Software Application Development Services• Testing ServicesAbout Denali Advanced IntegrationDenali delivers Enterprise IT solutions and services, powered by strategic experts and best of breed technologies to help guide our clients through the most complex IT challenges. For nearly 25 years, Denali has been one of the most trusted and prominent technology providers in North America, providing a comprehensive set of technology solutions to enable our customers to grow, maintain and expand their business globally. Learn more at www.Denaliai.com
News Article | November 9, 2016
The nonprofit Lean Enterprise Institute (LEI), a global leader in lean management thinking and practice, announced today that David Errico has joined LEI to support lean transformations at companies in its growing Co-Learning Partners program. Errico joins LEI as a senior coach with 28 years’ experience as a continuous improvement leader and practitioner at Toyota Motor Manufacturing North America, General Motors, Delphi Automotive, and Medtronic’s Surgical Technologies and Neuromodulation divisions. “I’m honored to join the team at LEI, a company with products and services that are respected worldwide. The opportunity to develop and contribute at LEI is truly my World Series, game-winning home run,” Errico said. “And I’m excited to contribute to the continuing success of Co-Learning Partners as it takes on new customers in new industries.” LEI COO Mark Reich said, “Dave comes to us with a wealth of experience and knowledge. As we grow our partner’s criteria to cover new areas and industries, Dave will be a valuable resource with his deep knowledge of lean management and many years of successful hands-on implementation projects. In addition, his combined operations and accounting background allows him to approach process improvement with a business perspective.” Lean Learning Partners Co-Learning Partners are a select group of companies from a variety of industries that have demonstrated executive commitment to lean transformations, an enthusiasm for collaborative learning where the work is actually done, and a willingness to share the results with the global lean community. Errico joins LEI from Medtronic’s Surgical Technologies Division where he was the lean deployment manager, leading and implementing strategic improvement activities across seven manufacturing sites. He held the same post at Medtronic’s Neuromodulation Division, working with internal plant operations and external suppliers to improve quality, lead times, and costs. As a global supplier development manager at Delphi, Errico was the only person selected for a three-year, full-time assignment at Toyota’s Operation and Management Development Division where he learned and implemented Toyota Production System (TPS) projects under the direction of the carmaker’s continuous improvement experts. Coincidentally, Operation and Management Development is the sister division to the Toyota Production System Support Center once headed by Reich. Errico holds a master’s in business administration and a bachelor’s in accounting from Canisius College. About the Lean Enterprise Institute Lean Enterprise Institute Inc., a 501(c)(3) nonprofit based in Cambridge, MA, makes things better through lean research, training, publishing, and events. Founded in 1997 by management expert James P. Womack, PhD, LEI supports other lean initiatives such as the Lean Global Network, the Lean Education Academic Network, the Healthcare Value Network, and the Center for Lean Engagement and Research in Healthcare at the University of California Berkeley School of Public Health. Learn more at lean.org.
News Article | December 15, 2016
RALEIGH, N.C.--(BUSINESS WIRE)--Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced the availability of Red Hat OpenStack Platform 10, the company’s massively-scalable and agile cloud Infrastructure-as-a-Service (IaaS) solution. Based on the upstream OpenStack ‘Newton’ release, Red Hat OpenStack Platform 10 drives new features that increase system-wide scalability, ease infrastructure management, and improve orchestration, while also enhancing network performance and platform security. Additionally, Red Hat OpenStack Platform 10 introduces a new software life cycle, with optional support up to 5 years. Hundreds of customers rely on Red Hat OpenStack Platform to power their hybrid and private clouds for a variety of mission-critical deployments, including BBVA; Cambridge University; FICO; NASA’s Jet Propulsion Laboratory; Paddy Power Betfair; Produban; Swisscom; UKCloud; and Verizon. Additionally, Red Hat OpenStack Platform is backed by a robust ecosystem of certified partners, including Cisco, Dell EMC, Fujitsu, Intel, Lenovo, Rackspace, and NetApp for enterprise businesses, as well as Ericsson, Nokia, NEC, Huawei, Cisco and others from the telecommunications industry. Red Hat OpenStack Platform 10 delivers a reliable cloud platform built on the proven, enterprise-grade backbone of Red Hat Enterprise Linux. Integrated with Red Hat’s hardened OpenStack community code, Red Hat OpenStack Platform provides the agility to scale and more quickly meet customer demand without compromising availability, performance, or IT security requirements. Also included in Red Hat OpenStack Platform is Red Hat CloudForms, a hybrid cloud management and monitoring platform to oversee not only OpenStack infrastructure components but also the workloads running on a given OpenStack cloud. Additionally, 64 TBs of storage capacity is provided with Red Hat Ceph Storage, enabling users to better evaluate the flexible, massively scalable properties of Ceph’s leading storage solution for OpenStack environments. New enhancements and updates to Red Hat OpenStack Platform 10 include: Red Hat OpenStack Platform 10 also introduces distributed continuous integration (DCI) to key partners, such as Dell EMC, NEC, and Rackspace. This collaborative approach to testing can help partners more effectively prepare for new Red Hat OpenStack Platform releases, and provide customers with greater stability and higher quality cloud solutions that have been tested many times over with their uniquely integrated cloud system than previously offered. New lifecycle offers up to 5 years support To help customers achieve long-term stability required by their specific workload requirements, Red Hat OpenStack Platform 10 introduces a dual support life cycle model that offers greater subscription flexibility for mission-critical operations. This new model gives customers the option of standardizing on a new “Long Life” version of Red Hat OpenStack Platform, offering a three year product lifecycle and optional two additional years of extended life cycle (ELS) support available for purchase. Customers can also choose to focus on consuming new feature functionality by using rolling upgrades to follow the latest releases of Red Hat OpenStack Platform every six months to one year. Long Life versions of Red Hat OpenStack Platform will be offered every third release, starting with Red Hat OpenStack Platform 10. Versions in between will include one year of life cycle support. Radhesh Balakrishnan, general manager, OpenStack, Red Hat “In just a few short years, OpenStack has moved from simply being an ‘innovation’ for proofs-of-concept and R&D testbeds to a foundation for mission-critical private cloud deployments, used by hundreds of enterprises and major telecommunication providers alike to power production operations. Red Hat OpenStack Platform 10 drives the enterprise-readiness of OpenStack by delivering a stable, reliable and open foundation for cloud deployments, delivering new innovations like composable services and roles while retaining our commitment to enterprise stability, highlighted by our new Long Life support model.” Lew Tucker, vice president, Cloud CTO, Cisco “As one of Red Hat's most committed OpenStack partners, Cisco works closely with Red Hat and the community to drive industry-leading cloud technology platforms, better enabling our enterprise and service provider customers to gain the benefits of an open cloud computing platform. Based on the latest ‘Newton’ OpenStack release, Red Hat OpenStack Platform 10 provides significant improvements in networking performance, stability, and scalability. We look forward to helping our customers to succeed on their journey to hybrid cloud.” Jim Ganthier, senior vice president, Validated Solutions and HPC, Dell EMC Converged Platforms and Solution Division “Dell EMC and Red Hat’s close engineering and collaboration efforts continue to help our joint customers to quickly deploy and manage OpenStack powered clouds. We are pleased to have worked closely with Red Hat to both refine and build the new distributed continuous integration partner testing process which accelerates both code testing, validation and the ability to deliver robust software to customers. Red Hat’s new OpenStack Platform 10 lifecycle model for support will also offer more subscription flexibility for mission-critical operations and strengthens our joint ability to support customers throughout the entire lifecycle of their OpenStack deployments.” Kenji Kaneshige, director of development department, Linux Development Division, Fujitsu “Fujitsu and Red Hat have been working together over 10 years in open source software development and successfully supported Mission critical/Enterprise workloads. And now Fujitsu works hand-in-hand with Red Hat to drive several features needed by global enterprises in the upstream OpenStack project. We are so pleased to see the upstream development results delivering a more efficient and advanced cloud Infrastructure-as-a-Service through Fujitsu Integrated System PRIMEFLEX Family.” Bryan Thompson, general manager, OpenStack Private Cloud, Rackspace “The developments included in Red Hat OpenStack Platform 10 make it faster and easier for our customers and partners to adopt OpenStack. Forrester Research recently reported that more than half of all Fortune 100 companies use OpenStack, which means these deployments must be scalable, agile and intuitive. The new platform from Red Hat delivers improved performance capabilities and deeper integration with the latest Community projects and code. All of that, combined with support from Rackspace, means enterprise customers using Rackspace Private Cloud Powered by Red Hat will have even more confidence in OpenStack for their managed cloud needs.” Red Hat is the world's leading provider of open source software solutions, using a community-powered approach to provide reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As a connective hub in a global network of enterprises, partners, and open source communities, Red Hat helps create relevant, innovative technologies that liberate resources for growth and prepare customers for the future of IT. Learn more at http://www.redhat.com. Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: risks related to the ability of the Company to compete effectively; the ability to deliver and stimulate demand for new products and technological innovations on a timely basis; delays or reductions in information technology spending; the integration of acquisitions and the ability to market successfully acquired technologies and products; fluctuations in exchange rates; the effects of industry consolidation; uncertainty and adverse results in litigation and related settlements; the inability to adequately protect Company intellectual property and the potential for infringement or breach of license claims of or relating to third party intellectual property; risks related to data and information security vulnerabilities; the ability to meet financial and operational challenges encountered in our international operations; ineffective management of, and control over, the Company's growth and international operations; and changes in and a dependence on key personnel, as well as other factors contained in our most recent Quarterly Report on Form 10-Q (copies of which may be accessed through the Securities and Exchange Commission's website at http://www.sec.gov), including those found therein under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations". In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic and political conditions, governmental and public policy changes and the impact of natural disasters such as earthquakes and floods. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this press release. Red Hat, Red Hat Enterprise Linux, the Shadowman logo, Ceph and CloudForms are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries. Linux® is the registered trademark of Linus Torvalds in the U.S. and other countries. The OpenStack Word Mark is either a registered trademark/service mark or trademark/service mark of the OpenStack Foundation, in the United States and other countries, and is used with the OpenStack Foundation's permission. Red Hat is not affiliated with, endorsed or sponsored by the OpenStack Foundation, or the OpenStack community.
News Article | February 15, 2017
NASA took another big step to ensure reliable crew transportation to the International Space Station into the next decade. The agency's Commercial Crew Program has awarded an additional four crew rotation missions each to commercial partners, Boeing and SpaceX, to carry astronauts to and from the International Space Station. The four additional missions will fly following NASA certification. They fall under the current Commercial Crew Transportation Capability contracts, and bring the total number of missions awarded to each provider to six. The additional flights will allow the commercial partners to plan for all aspects of these missions while fulfilling space station transportation needs. The awards do not include payments at this time. "Awarding these missions now will provide greater stability for the future space station crew rotation schedule, as well as reduce schedule and financial uncertainty for our providers," said Phil McAlister, director, NASA's Commercial Spaceflight Development Division. "The ability to turn on missions as needed to meet the needs of the space station program is an important aspect of the Commercial Crew Program." The two commercial spacecraft also will provide a lifeboat capability to allow the astronauts aboard the station to return safely to Earth in an emergency, if necessary. Returning human launch capabilities to U.S. soil underscores NASA's commitment to the station and the research that the orbiting laboratory makes possible including the advancement of scientific knowledge off the Earth, for the benefit of those on the Earth and to prepare for future deep space exploration. The Commercial Crew Program will help NASA get full operational use from the national laboratory for scientific research by increasing the number of astronauts on the space station, and allowing the crew members to dedicate more time to research. The commercial crew vehicles will transport up to four astronauts for NASA missions, along with about 220 pounds of critical cargo to the space station. More time dedicated for research allows NASA to better understand the challenges of long-duration human spaceflight without leaving low-Earth orbit. As NASA develops the Orion spacecraft and the Space Launch System rocket for deep space missions, including the journey to Mars, NASA is turning over low-Earth orbit crew and cargo transportation to commercial companies. This two-pronged approach is critical to achieve the agency's exploration goals. Boeing's uncrewed flight test, known as an Orbital Flight Test, is currently scheduled for June 2018 and its crewed flight test currently is planned for August 2018. SpaceX's uncrewed flight test, or Demonstration Mission 1, is currently scheduled for November 2017, followed by its first crew flight test in May 2018. Once the flight tests are complete and NASA certifies the providers for flight, the post-certification missions to the space station can begin. Boeing and SpaceX are developing two unique human space transportation systems. They also are upgrading necessary infrastructure, including launch pads, processing facilities, control centers and firing rooms. Boeing is developing the CST-100 Starliner that will launch on a United Launch Alliance Atlas V rocket from Space Launch Complex 41 at Cape Canaveral Air Force Station. SpaceX is developing the Crew Dragon to launch on the company's Falcon 9 rocket from Launch Pad 39A at the agency's Kennedy Space Center. Both are located on Florida's Space Coast. Please follow SpaceRef on Twitter and Like us on Facebook.
News Article | September 1, 2016
1 September 2016: Micrima, the Bristol-based breast imaging company and developer of a ground-breaking and CE Mark approved radiowave breast imaging system, has successfully closed on a new financing round of £2.6m. The new funding will support accelerated development of its patented MARIA technology, which aims to enable breast screening to become safer, more comfortable and more accessible to a larger proportion of the global female population. The company intends to start the commercialisation of its first system towards the end of this year. “Breast cancer is the most common cause of death in women between the ages of 35 and 55 in Europe and the leading cause of death for women in many countries. The problem is that many tumours are not discovered early enough, largely due to the difficulty in discriminating between cancers and dense tissue using current imaging technology,” said Roy Johnson, Micrima’s Executive Chairman. “Using harmless radiowaves, the MARIA imaging system is capable of detecting tumours in dense tissue and allows routine and repeated scanning without any of the safety or comfort concerns associated with x-ray mammography. The process takes less than five minutes and avoids painful breast compression.” Almost half of the new funds has come from pre-existing institutional and individual investors with the majority of the balance from new high net worth individuals; 50% of the latter through the Venture Founders platform. Re-investing shareholders include Technology Venture Partners LLP, based at the Innovation Centre at Bristol & Bath Science Park, Swarraton Partners, a UK venture capital firm investing in European early stage technology companies and the British Business Bank supported Angel CoFund. The company welcomes the Parkwalk managed University of Bristol Enterprise Fund as a new investor. The funding comes at an exciting period of significant progress for Micrima with the first clinical data from MARIA presented at the European Congress of Radiology in Vienna earlier this year to a very positive reception. The latest results from current multi-site clinical trials were presented at Symposium Mammographicum in Liverpool in July where, from over 90 papers accepted, Micrima’s was one of only four to receive an award from the organising committee. A paper reporting the pre-CE Mark clinical trial has also been accepted for publication by the prestigious Journal of Medical Imaging. Regarding the European Congress of Radiology presentation, Dr Mike Shere of the Bristol Breast Care Centre commented, “I was delighted to be able to present the latest sensitivity figures in Vienna. The presentation on MARIA was very well received, with the chair of the breast imaging session singling the work out and commenting on how he expected to see more about this very promising new modality over the coming years." The Company also continues to make excellent progress on the next version of the MARIA system, due to be released early next year, which will offer significantly enhanced functionality, including the ability to automatically distinguish between different types of lesion, providing a significant advantage over current methods for its future screening applications. Tim Mills, Investment Director at the Angel CoFund commented: "We originally invested in Micrima because we knew we'd found an extremely capable team working with some very interesting technology in a sector with considerable opportunity for innovation. The team has really delivered on our expectation in the last couple of years and we're very happy to be supporting them again through this next phase of development." The MARIA radiowave breast imaging technology was initially pioneered at the University of Bristol in the UK. It received European regulatory approval in 2015 and is currently deployed in clinical trials based at several breast cancer imaging centres throughout the UK. For more information, please visit: http://www.micrima.com or contact Roy Johnson on 07769 883882. For editorial enquiries or photography, please contact Debbie Jones or Peter Rennison at PRPR, firstname.lastname@example.org / email@example.com + 44 (0)1442 245030 About Technology Venture Partners Technology Venture Partners is a venture capital firm based at the Bristol and Bath Science Park and investing in emerging technology companies in the South of the UK. TVP invests across a broad range of technology sectors including enterprise and infrastructure software, communications and networking, electronics, advanced engineering and materials, medical technology and healthcare IT. A number of the TVP portfolio companies were originally spinouts from leading universities and research institutions located in the South of the UK. www.techvp.co.uk About the Angel CoFund Launched in 2011, the Angel CoFund is a privately run fund that works alongside groups of business angels to invest in high potential SMEs across the UK. Backed by the British Business Bank and the Government’s Regional Growth Fund, the £100m Angel CoFund has already supported over 65 companies (for example Ebury, Gousto, Crowd Vision and Hopster) providing over £32 million in direct investment alongside more than £100m from business angels and other investors making it the most active early stage fund in the country. www.angelcofund.co.uk About the University of Bristol Enterprise Fund Launched in conjunction with the University of Bristol Research and Enterprise Development Division, the University of Bristol Enterprise Fund offer alumni and investors the opportunity to invest in the development of scientific and technological innovations from the University of Bristol and from companies supported by its world renowned SETsquared Bristol Business Incubator in a tax efficient manner. http://www.bristol.ac.uk/red/ About Swarraton Partners Swarraton Partners LLP is a full service venture capital firm specialising in investments in early stage and growth stage small companies. The firm invests in companies commercialising technology in sectors such as energy and resources technology, nano and materials technology and medical innovation. http://www.swarraton.com/
News Article | November 25, 2016
Energijos Skirstymo Operatorius AB (hereinafter – the Company), identification code 304151376, registered office placed at Aguonu str. 24, Vilnius, Republic of Lithuania. The total number of registered ordinary shares issued by company is 894 630 333; ISIN code LT0000130023. On 25 November, 2016 the Board of Directors of the Company held a meeting in which a member of the Board Mrs. Dalia Andrulionienė was elected as Chairman of the Board and Chief Executive Officer of the Company. The decision was adopted upon the Opinion by the Supervisory Board of the Company delivered on 25 November, 2016. The Company reminds that on 4 November, 2016 the Board decided to withdraw Mr. Liudas Liutkevičius as Chief Executive Officer of the Company. On the same day the Board adopted a decision to elect Mrs. Dalia Andrulionienė as an acting Chief Executive Officer. Besides Mrs. Dalia Andrulionienė the Board of Directors also consists of Mr. Augustas Dragūnas (Director of Finance and Administration Division), Mr. Rytis Borkys (Director of Network Development Division) and Mr. Dalius Svetulevičius (Director of Network Operations Division). The selection of the Company's Director of Service Division and Member of the Board will be announced in the near future. The Company will inform about any further decisions regarding the election of a Member of the Board in accordance with the procedure established by law.
News Article | March 24, 2016
« Hyundai unveils Ioniq HEV, PHEV and EV for US market at New York show | Main | Aemetis acquires license from LanzaTech with California exclusive rights for advanced ethanol from biomass including forest and ag wastes » Toyota GAZOO Racing revealed the all-new TS050 HYBRID LMP1 racer—Toyota’s third new car since joining WEC in 2012—for the 2016 World Endurance Championship (WEC) competition. Following an unsuccessful defense of its World Championship titles in 2015, Toyota set itself tough performance targets in order to compete once again at the front of the field, featuring fellow LMP1-Hybrid manufacturers Porsche and Audi. The TS050 HYBRID features a significant change in powertrain concept. A 2.4-liter, twin-turbo, direct injection V6 gasoline engine is combined with an 8MJ hybrid system, both of which are developed by Motor Sport Unit Development Division at Higashi-Fuji Technical Center. The regulations for this season include a reduction in fuel flow and total fuel energy of approximately 7.5%. As motorsport engineers, we want to always increase the performance of the powertrain so it was important to compensate for this reduction with a more efficient, powerful powertrain. We believe a V6, direct injection, twin turbo engine achieves the best balance of power and efficiency considering the current regulations. Combined with our move into the 8MJ class, this will give us significantly improved torque compared to the previous powertrain; this was a key target for the new car. The new powertrain presents some challenges, particularly in terms of weight and cooling, but the team at Higashi-Fuji and Cologne has worked very hard to address these and I am confident we have met the challenge. We face tough opposition, as last year showed, but we are ready and I cannot wait for Silverstone. A new generation turbo engine with direct injection is better suited to the current regulations which limit fuel flow to the engine, and provides opportunity to continue technology and knowledge transfer from the track to road cars. Like Toyota road cars, the front and rear motor-generators recover energy under braking, storing it in a high-powered lithium-ion battery and releasing it as boost for maximum efficiency. The change from super capacitor to battery storage allows the TS050 HYBRID to move up to the more-powerful 8MJ hybrid class. With the engine contributing 368 kW (494 hp) and the hybrid system contributing the same, combined power for the TS050 is 736 kW (987 hp). The TS040 HYBRID was already used as a rolling test bench and contributed to current road cars. With turbo engines increasingly in use on the road, Toyota expects to use the technology and know-how from WEC to make ever-better road cars. The new powertrain concept brings different cooling and packaging demands, including an updated transmission to handle the significant increase in torque delivered by the turbo engine. Combined with a new aerodynamic concept, that means virtually every part on the TS050 HYBRID chassis has been redesigned by Toyota Motorsport GmbH in Cologne, Germany. Powertrain components have played their part too in the improved aerodynamic performance of the TS050 HYBRID—by relocating the front motor-generator unit, better under-floor air flow has been achieved which will contribute to overall performance. Suspension kinematics have also been revised to optimize tire wear. The team has already been busy testing the TS050 HYBRID, striving for performance and reliability, covering over 22,000 km (13,670 miles) with positive results. The next test comes at Paul Ricard on 25-26 March, while the nine-race WEC season kicks off at Silverstone on 17 April. Aside from some principles which have been retained to capitalise on previous years’ development, we have changed every single part. In many areas, like the powertrain and the aerodynamics, the concepts themselves have changed. The aerodynamic concept, and particularly the front face of the car, has changed drastically. We have spent thousands of hours refining this new concept and this time we have done more than incremental changes; we have significantly changed the way we handle the flow structure after the front downforce-generating devices. There has been a significant progress rate in WEC recently so we cannot afford to have any area of the package which is not fully optimized. The TS050 HYBRID has been developed on that basis. We want to be competitive. That is the minimum target we set ourselves—to be back in the game and competitive.
News Article | March 30, 2016
The agency recently wrapped up a comprehensive and successful review of plans for the facilities and ground support systems that will process the agency's Space Launch System (SLS) rocket and Orion spacecraft at NASA's Kennedy Space Center in Florida. "NASA is developing and modernizing the ground systems at Kennedy to safely integrate Orion with SLS, move the vehicle to the pad, and successfully launch it into space," said Bill Hill, deputy associate administrator of NASA's Exploration Systems Development Division at the agency's Headquarters in Washington. "Modernizing the ground systems for our journey to Mars also ensures long-term sustainability and affordability to meet future needs of the multi-use spaceport." Over the course of a few months, engineers and experts across the agency reviewed hundreds of documents as part of a comprehensive assessment. The Ground Systems Development and Operations Program (GSDO), responsible for processing SLS and Orion for flight and ensuring all systems and facilities are ready, completed its critical design review (CDR) of the facilities and ground support systems plans in December 2015. This was followed in January by the completion of an independent assessment by a Standing Review Board, a team of aerospace experts that assessed program readiness and confirmed the program is on track to complete the engineering design and development process on budget and on schedule. In the final step before actual fabrication, installation and testing of Kennedy's ground systems, the GSDO program and review board briefed the results of their assessments to NASA's Agency Program Management Council, led by Associate Administrator Robert Lightfoot. Engineers are transforming Kennedy's launch infrastructure to support the SLS rocket and Orion spacecraft. The heavy-lift rocket will be stacked in the Vehicle Assembly Building on the mobile launcher and roll out to Launch Pad 39B atop a modified crawler transporter. The Orion spacecraft will be fueled with propellants in the Multi-Payload Processing Facility at Kennedy prior to stacking atop the rocket. The launch team will use the new command and control system in the firing room as the clock counts down to liftoff of SLS's first flight. "The team is working hard and we are making remarkable progress transforming our facilities," said Mike Bolger, GSDO Program Manager. "As we are preparing for NASA's journey to Mars, the outstanding team at the Kennedy Space Center is ensuring that we will be ready to receive SLS and Orion flight hardware and process the vehicle for the first flight in 2018." The council also heard the results of the Orion CDR, completed at the program level in October 2015. The evaluation assessed the primary systems of the spacecraft, including the capsule's structures, pyrotechnics, Launch Abort System jettison, guidance, navigation and control and software systems among many other elements. For the spacecraft's first mission on the SLS rocket, ESA (European Space Agency) is providing Orion's service module, which powers, propels, cools and provides consumables like air and water in space. Results from ESA's service module design review, which began this month, will be assessed and incorporated into Orion development and integration plans later this summer. Systems unique to the first crewed flight will be addressed at a review in the fall of 2017. Progress continues on Orion at NASA facilities across the country. The underlying structure of the crew module arrived at Kennedy in early February for outfitting, which is currently underway. Over the next 18 months, thousands of Orion components will arrive and be installed. Meanwhile, a structural representation of the service module is being tested at NASA's Plum Brook Station in Sandusky, Ohio, where engineers conducted a successful solar array wing deployment test on Feb. 29 and are preparing for a variety of tests to confirm it can withstand the harsh conditions of launch. Explore further: NASA marks major programmatic milestone for spaceport of the future