Dublin, Ireland
SEARCH FILTERS
Time filter
Source Type

News Article | May 24, 2017
Site: www.businesswire.com

SEATTLE--(BUSINESS WIRE)--Bulletproof 360, makers of Bulletproof Coffee and other performance-enhancing food and beverage products, announced today that it raised more than $19 million in Series B funding led by CAVU Venture Partners, the high-profile consumer-focused investment firm led by Rohan Oza, Clayton Christopher and Brett Thomas. Trinity Ventures, an original Series A investor for the brand and an early Starbucks and Jamba Juice investor, also participated in the round. The injection of funding follows an initial $9 million round in 2015, and will support the brand’s high growth trajectory both in e-commerce and at retail locations. “For too long, consumers were satisfied with cheap food that tasted good, without much regard for what it was actually made of,” said company founder and Chief Executive Officer (CEO) Dave Asprey. “Now, people are waking up to the idea that food is meant to fuel us, and that what matters most is how your food makes you feel. We raised this round of funding from CAVU Ventures, one of the world’s most innovative investors in the consumer space, to continue leading the way in the performance nutrition revolution. This injection of capital will ensure that people get faster, easier access to the world’s highest performing coffee and food.” CAVU Venture Partners has a strong track record of building successful consumer brands, as well as a high-profile reputation in the food and beverage category. Its founders are known in the industry for success stories including vitaminwater, smartwater and Deep Eddy Vodka. Most recently, the firm saw return on its investment in Bai Brands through its acquisition by Dr. Pepper Snapple Group (DPS) for $1.7 billion in late 2016. “Dave Asprey is a visionary and creative disruptor, and we’ve long admired his commitment to bringing high quality food, beverage and supplement products to consumers via the Bulletproof platform,” said Rohan Oza, Partner at CAVU. “We feel Bulletproof has created a whole new category around products that fuel human performance. We’re excited to partner with Dave and the Bulletproof team to continue the company’s growth momentum.” The funding round comes on the heels of the hiring of Anna Collins as Chief Operating Officer earlier this year. Collins, who joined Bulletproof from Amazon, is responsible for the company’s growth strategy and operations, driving multi-channel growth for the company’s portfolio of products, including the signature Bulletproof® Coffee, Brain Octane® oil, FATwater™, Collagen Bars, Collagen Protein and more. “Since inception, Bulletproof’s performance-based approach has had an enormous impact on the health and wellness industry,” said Dan Scholnick, General Partner at Trinity Ventures. “Similarly, CAVU and Rohan have consistently championed products that disrupt the beverage segment with more nutritious and ‘better for you’ alternatives. Bulletproof is all of that and more – so this partnership is not only natural, but also quite powerful. We’re excited to see this latest investment propel the brand and the company to new heights.” In addition to two existing Bulletproof Cafés in Southern California, the brand has plans for a 2017 retail expansion to New York City and other locations yet to be announced. Asprey’s newest book, titled HEAD STRONG, was released on April 4 and is the second Bulletproof book to reach the New York Times bestseller list. The Series B funding supports the brand’s momentum from the first quarter of the year and will aid in its brick and mortar expansion, as well as planned product launches and other innovative developments. Asprey founded Bulletproof in 2013 after spending two decades and more than $1 million to hack his own biology. As the world’s first human performance and nutrition company to focus on making the state of high performance a daily reality for everyone, Bulletproof continues to provide a range of solutions for consumers to improve their bodies and minds. Founded by biohacker, bestselling author, and Bulletproof coffee creator Dave Asprey, Bulletproof 360 is dedicated to providing the world with groundbreaking, science-based information, techniques, tools and products to help people perform better, increase focus, enhance energy, and live longer. Resources include #1 ranked radio show and podcast Bulletproof Radio, the New York Times bestselling books THE BULLETPROOF DIET and HEAD STRONG, documentary feature film MOLDY, The Bulletproof Executive blog, and more. Twitter: @bpnutrition Instagram: @bulletproofcoffee https://www.bulletproof.com/ CAVU Venture Partners invests in high growth, iconic consumer brands, primarily better-for-you food and beverage companies. Founded by CPG Veterans Rohan Oza, Clayton Christopher, and Brett Thomas, CAVU looks to partner with passionate entrepreneurs with big visions. CAVU helps bring those dreams to fruition through know-how and deep industry contacts. For more information, please visit http://www.cavuventures.com/. Trinity Ventures is a top-tier venture capital firm combining business insight, practical expertise and a personal touch to help start-ups win big. For over thirty years, Trinity has helped passionate entrepreneurs with breakthrough ideas transform markets and lives. Trinity's investment team takes a collaborative approach and believes in personal engagement, mutual respect and goal alignment to deliver out-sized returns to entrepreneurs and investors. The firm invests in early stage technology companies with emphases on Cloud and Mobile infrastructure, Software-as-a-Service, Digital Media and Social Commerce and Entertainment. To learn more visit: www.trinityventures.com.


News Article | May 12, 2017
Site: globenewswire.com

Le 3 mars 2017, CGG S.A ("CGG" ou la "Société") a entamé un processus de restructuration financière dans le but de réduire de manière drastique la dette et son coût en numéraire pour les aligner sur sa génération de trésorerie. Afin de faciliter ces discussions relatives à sa restructuration menées sous l'égide d'un mandataire ad hoc CGG a conclu des accords de confidentialité et initié des discussions avec (i) certains membres du comité ad hoc représentant la majorité du montant en principal de la dette sécurisée (le "Comité de Coordination des Prêteurs Sécurisés"), (ii) les membres du comité ad hoc représentant environ 40 % du montant en principal des Senior Notes (le "Comité ad hoc des Senior Notes"), (iii) le représentant des masses des porteurs d'OCEANEs (qui détient également environ 8,9 % des OCEANEs venant à échéance en 2019 et environ 10,0% des OCEANESs venant à échéance en 2020), (iv) DNCA, actionnaire représentant environ 7,9 % du capital et environ 7,7 % des droits de vote de CGG, ainsi que environ 19,1 % du montant en principal des Senior Notes venant à échéance en 2020 et environ 20,7 % des OCEANEs venant à échéance en 2020 et (v) deux autres actionnaires significatifs, Bpifrance Participations représentant environ 9,4 % du capital et environ 10,8 % des droits de vote de CGG, et AMS Energie représentant environ 8,3 % du capital et environ 8,1 % des droits de vote de CGG (collectivement les "Parties Prenantes"). La présentation ci-jointe, intitulée « Présentation du plan d'affaires et proposition de restructuration financière » et qui est disponible dans la rubrique « relations investisseurs » du site internet de la Société, résume l'état d'avancement des négociations et les informations auparavant confidentielles susvisées (cf. pages 7  à 17) en particulier certaines informations relatives au plan d'affaires 2017-2019. Elle est diffusée conformément aux obligations de la Société au titre des accords de confidentialité et afin de satisfaire à ses obligations de communication au marché de l'ensemble des informations privilégiées échangées avec les Parties Prenantes au cours des discussions. En tout état de cause, tout plan de restructuration nécessitant la capitalisation totale d'environ 2.0 milliards de dollars US (incluant les intérêts courus) de high yield bonds (Senior Notes) et d'OCEANEs entraînera une dilution significative pour les actionnaires et/ou les autres investisseurs dans la structure du capital de la Société. La Société a formulé une proposition de restructuration conforme à son intérêt social et qui préserve l'intégrité du Groupe et fournit un cadre pérenne pour ses activités, ses salariés et ses clients. En outre, cette proposition offre aux actionnaires actuels l'opportunité de participer au redressement de la Société. Cette proposition est soutenue par DNCA (en qualité d'actionnaire institutionnel de longue date, d'obligataire et de porteur d'OCEANEs de la Société) et le Comité de Coordination des Prêteurs Sécurisés. Cette proposition n'est pas soutenue par les autres Parties Prenantes dont les propositions figurent en pages 20 à 29 et 47 à 56 de la présentation ci-jointe. -     après conversion en capital de la totalité des Senior Notes et des OCEANES (la "Conversion de la Dette Unsecured"), de 4,9% avant exercice des BSA à $4 et de 10,3% en cas d'exercice de ces BSA ;       -     après Conversion de la Dette Unsecured, augmentation de capital sous forme d'ABSA avec droits préférentiels de souscription (DPS) et apport de liquidités sous forme de Senior Notes couplé à des bons de souscription à prix minime, de 10,4% avant exercice des BSA à $4 et à $5 ; de 14,3% après exercice des BSA à $4 et avant exercice des BSA à $5, et de 19,4% après exercice des BSA à $4 et à $5 ;       -     de 3,9% du capital en l'absence de participation à l'augmentation de capital sous forme d'ABSA et d'exercice des BSA à $4, et après augmentation de capital sous forme d'ABSA et d'émission des BSA à prix de souscription minime couplé à l'apport de liquidités sous forme de Senior Notes. En outre, les actionnaires percevraient le produit de la cession des BSA à $4 et des DPS liés à l'augmentation de capital sous forme d'ABSA. Jean-Georges Malcor, Directeur Général de CGG, a déclaré : « Les discussions ont été complexes en raison des efforts importants demandés à toutes les parties prenantes. La proposition que nous avons formulée est dans l'intérêt social de la Société. Elle préserve l'intégrité du Groupe et fournit un cadre pérenne pour les activités, les salariés et les clients de la Société. Cette proposition de restructuration repose sur un désendettement important avec une dette brute d'environ 3 milliards de dollars US réduite à environ 1 milliard de dollars US par conversion en actions et offre à la Société la flexibilité financière nécessaire pour prendre en compte les différents scénarios de redressement. Les actionnaires ont la possibilité de participer de manière significative au redressement de la Société après restructuration, par le biais de l'augmentation de capital avec maintien du droit préférentiel de souscription et des deux types de bons de souscription qui leurs sont réservés. Cette proposition est soutenue par plusieurs des Parties Prenantes clés. Nous cherchons à obtenir le soutien d'autres Parties Prenantes à cette proposition exhaustive.» CGG (www.cgg.com) est un leader mondial de Géosciences entièrement intégré qui offre des compétences de premier plan en géologie, géophysique, caractérisation et développement de réservoirs à une base élargie de clients, principalement dans le secteur de l'exploration et de la production des hydrocarbures. Nos trois activités, Equipement, Acquisition et Géologie, Géophysique & Réservoir (GGR) interviennent sur l'ensemble de  la chaine de valeur  de l'exploration à la production des ressources naturelles. CGG emploie environ 5 600 personnes dans le monde, animées par la Passion des Géosciences, pour apporter les meilleures solutions à nos clients.


News Article | May 12, 2017
Site: globenewswire.com

Le 3 mars 2017, CGG S.A ("CGG" ou la "Société") a entamé un processus de restructuration financière dans le but de réduire de manière drastique la dette et son coût en numéraire pour les aligner sur sa génération de trésorerie. Afin de faciliter ces discussions relatives à sa restructuration menées sous l'égide d'un mandataire ad hoc CGG a conclu des accords de confidentialité et initié des discussions avec (i) certains membres du comité ad hoc représentant la majorité du montant en principal de la dette sécurisée (le "Comité de Coordination des Prêteurs Sécurisés"), (ii) les membres du comité ad hoc représentant environ 40 % du montant en principal des Senior Notes (le "Comité ad hoc des Senior Notes"), (iii) le représentant des masses des porteurs d'OCEANEs (qui détient également environ 8,9 % des OCEANEs venant à échéance en 2019 et environ 10,0% des OCEANESs venant à échéance en 2020), (iv) DNCA, actionnaire représentant environ 7,9 % du capital et environ 7,7 % des droits de vote de CGG, ainsi que environ 19,1 % du montant en principal des Senior Notes venant à échéance en 2020 et environ 20,7 % des OCEANEs venant à échéance en 2020 et (v) deux autres actionnaires significatifs, Bpifrance Participations représentant environ 9,4 % du capital et environ 10,8 % des droits de vote de CGG, et AMS Energie représentant environ 8,3 % du capital et environ 8,1 % des droits de vote de CGG (collectivement les "Parties Prenantes"). La présentation ci-jointe, intitulée « Présentation du plan d'affaires et proposition de restructuration financière » et qui est disponible dans la rubrique « relations investisseurs » du site internet de la Société, résume l'état d'avancement des négociations et les informations auparavant confidentielles susvisées (cf. pages 7  à 17) en particulier certaines informations relatives au plan d'affaires 2017-2019. Elle est diffusée conformément aux obligations de la Société au titre des accords de confidentialité et afin de satisfaire à ses obligations de communication au marché de l'ensemble des informations privilégiées échangées avec les Parties Prenantes au cours des discussions. En tout état de cause, tout plan de restructuration nécessitant la capitalisation totale d'environ 2.0 milliards de dollars US (incluant les intérêts courus) de high yield bonds (Senior Notes) et d'OCEANEs entraînera une dilution significative pour les actionnaires et/ou les autres investisseurs dans la structure du capital de la Société. La Société a formulé une proposition de restructuration conforme à son intérêt social et qui préserve l'intégrité du Groupe et fournit un cadre pérenne pour ses activités, ses salariés et ses clients. En outre, cette proposition offre aux actionnaires actuels l'opportunité de participer au redressement de la Société. Cette proposition est soutenue par DNCA (en qualité d'actionnaire institutionnel de longue date, d'obligataire et de porteur d'OCEANEs de la Société) et le Comité de Coordination des Prêteurs Sécurisés. Cette proposition n'est pas soutenue par les autres Parties Prenantes dont les propositions figurent en pages 20 à 29 et 47 à 56 de la présentation ci-jointe. -     après conversion en capital de la totalité des Senior Notes et des OCEANES (la "Conversion de la Dette Unsecured"), de 4,9% avant exercice des BSA à $4 et de 10,3% en cas d'exercice de ces BSA ;       -     après Conversion de la Dette Unsecured, augmentation de capital sous forme d'ABSA avec droits préférentiels de souscription (DPS) et apport de liquidités sous forme de Senior Notes couplé à des bons de souscription à prix minime, de 10,4% avant exercice des BSA à $4 et à $5 ; de 14,3% après exercice des BSA à $4 et avant exercice des BSA à $5, et de 19,4% après exercice des BSA à $4 et à $5 ;       -     de 3,9% du capital en l'absence de participation à l'augmentation de capital sous forme d'ABSA et d'exercice des BSA à $4, et après augmentation de capital sous forme d'ABSA et d'émission des BSA à prix de souscription minime couplé à l'apport de liquidités sous forme de Senior Notes. En outre, les actionnaires percevraient le produit de la cession des BSA à $4 et des DPS liés à l'augmentation de capital sous forme d'ABSA. Jean-Georges Malcor, Directeur Général de CGG, a déclaré : « Les discussions ont été complexes en raison des efforts importants demandés à toutes les parties prenantes. La proposition que nous avons formulée est dans l'intérêt social de la Société. Elle préserve l'intégrité du Groupe et fournit un cadre pérenne pour les activités, les salariés et les clients de la Société. Cette proposition de restructuration repose sur un désendettement important avec une dette brute d'environ 3 milliards de dollars US réduite à environ 1 milliard de dollars US par conversion en actions et offre à la Société la flexibilité financière nécessaire pour prendre en compte les différents scénarios de redressement. Les actionnaires ont la possibilité de participer de manière significative au redressement de la Société après restructuration, par le biais de l'augmentation de capital avec maintien du droit préférentiel de souscription et des deux types de bons de souscription qui leurs sont réservés. Cette proposition est soutenue par plusieurs des Parties Prenantes clés. Nous cherchons à obtenir le soutien d'autres Parties Prenantes à cette proposition exhaustive.» CGG (www.cgg.com) est un leader mondial de Géosciences entièrement intégré qui offre des compétences de premier plan en géologie, géophysique, caractérisation et développement de réservoirs à une base élargie de clients, principalement dans le secteur de l'exploration et de la production des hydrocarbures. Nos trois activités, Equipement, Acquisition et Géologie, Géophysique & Réservoir (GGR) interviennent sur l'ensemble de  la chaine de valeur  de l'exploration à la production des ressources naturelles. CGG emploie environ 5 600 personnes dans le monde, animées par la Passion des Géosciences, pour apporter les meilleures solutions à nos clients.


News Article | May 12, 2017
Site: globenewswire.com

Le 3 mars 2017, CGG S.A ("CGG" ou la "Société") a entamé un processus de restructuration financière dans le but de réduire de manière drastique la dette et son coût en numéraire pour les aligner sur sa génération de trésorerie. Afin de faciliter ces discussions relatives à sa restructuration menées sous l'égide d'un mandataire ad hoc CGG a conclu des accords de confidentialité et initié des discussions avec (i) certains membres du comité ad hoc représentant la majorité du montant en principal de la dette sécurisée (le "Comité de Coordination des Prêteurs Sécurisés"), (ii) les membres du comité ad hoc représentant environ 40 % du montant en principal des Senior Notes (le "Comité ad hoc des Senior Notes"), (iii) le représentant des masses des porteurs d'OCEANEs (qui détient également environ 8,9 % des OCEANEs venant à échéance en 2019 et environ 10,0% des OCEANESs venant à échéance en 2020), (iv) DNCA, actionnaire représentant environ 7,9 % du capital et environ 7,7 % des droits de vote de CGG, ainsi que environ 19,1 % du montant en principal des Senior Notes venant à échéance en 2020 et environ 20,7 % des OCEANEs venant à échéance en 2020 et (v) deux autres actionnaires significatifs, Bpifrance Participations représentant environ 9,4 % du capital et environ 10,8 % des droits de vote de CGG, et AMS Energie représentant environ 8,3 % du capital et environ 8,1 % des droits de vote de CGG (collectivement les "Parties Prenantes"). La présentation ci-jointe, intitulée « Présentation du plan d'affaires et proposition de restructuration financière » et qui est disponible dans la rubrique « relations investisseurs » du site internet de la Société, résume l'état d'avancement des négociations et les informations auparavant confidentielles susvisées (cf. pages 7  à 17) en particulier certaines informations relatives au plan d'affaires 2017-2019. Elle est diffusée conformément aux obligations de la Société au titre des accords de confidentialité et afin de satisfaire à ses obligations de communication au marché de l'ensemble des informations privilégiées échangées avec les Parties Prenantes au cours des discussions. En tout état de cause, tout plan de restructuration nécessitant la capitalisation totale d'environ 2.0 milliards de dollars US (incluant les intérêts courus) de high yield bonds (Senior Notes) et d'OCEANEs entraînera une dilution significative pour les actionnaires et/ou les autres investisseurs dans la structure du capital de la Société. La Société a formulé une proposition de restructuration conforme à son intérêt social et qui préserve l'intégrité du Groupe et fournit un cadre pérenne pour ses activités, ses salariés et ses clients. En outre, cette proposition offre aux actionnaires actuels l'opportunité de participer au redressement de la Société. Cette proposition est soutenue par DNCA (en qualité d'actionnaire institutionnel de longue date, d'obligataire et de porteur d'OCEANEs de la Société) et le Comité de Coordination des Prêteurs Sécurisés. Cette proposition n'est pas soutenue par les autres Parties Prenantes dont les propositions figurent en pages 20 à 29 et 47 à 56 de la présentation ci-jointe. -     après conversion en capital de la totalité des Senior Notes et des OCEANES (la "Conversion de la Dette Unsecured"), de 4,9% avant exercice des BSA à $4 et de 10,3% en cas d'exercice de ces BSA ;       -     après Conversion de la Dette Unsecured, augmentation de capital sous forme d'ABSA avec droits préférentiels de souscription (DPS) et apport de liquidités sous forme de Senior Notes couplé à des bons de souscription à prix minime, de 10,4% avant exercice des BSA à $4 et à $5 ; de 14,3% après exercice des BSA à $4 et avant exercice des BSA à $5, et de 19,4% après exercice des BSA à $4 et à $5 ;       -     de 3,9% du capital en l'absence de participation à l'augmentation de capital sous forme d'ABSA et d'exercice des BSA à $4, et après augmentation de capital sous forme d'ABSA et d'émission des BSA à prix de souscription minime couplé à l'apport de liquidités sous forme de Senior Notes. En outre, les actionnaires percevraient le produit de la cession des BSA à $4 et des DPS liés à l'augmentation de capital sous forme d'ABSA. Jean-Georges Malcor, Directeur Général de CGG, a déclaré : « Les discussions ont été complexes en raison des efforts importants demandés à toutes les parties prenantes. La proposition que nous avons formulée est dans l'intérêt social de la Société. Elle préserve l'intégrité du Groupe et fournit un cadre pérenne pour les activités, les salariés et les clients de la Société. Cette proposition de restructuration repose sur un désendettement important avec une dette brute d'environ 3 milliards de dollars US réduite à environ 1 milliard de dollars US par conversion en actions et offre à la Société la flexibilité financière nécessaire pour prendre en compte les différents scénarios de redressement. Les actionnaires ont la possibilité de participer de manière significative au redressement de la Société après restructuration, par le biais de l'augmentation de capital avec maintien du droit préférentiel de souscription et des deux types de bons de souscription qui leurs sont réservés. Cette proposition est soutenue par plusieurs des Parties Prenantes clés. Nous cherchons à obtenir le soutien d'autres Parties Prenantes à cette proposition exhaustive.» CGG (www.cgg.com) est un leader mondial de Géosciences entièrement intégré qui offre des compétences de premier plan en géologie, géophysique, caractérisation et développement de réservoirs à une base élargie de clients, principalement dans le secteur de l'exploration et de la production des hydrocarbures. Nos trois activités, Equipement, Acquisition et Géologie, Géophysique & Réservoir (GGR) interviennent sur l'ensemble de  la chaine de valeur  de l'exploration à la production des ressources naturelles. CGG emploie environ 5 600 personnes dans le monde, animées par la Passion des Géosciences, pour apporter les meilleures solutions à nos clients.


News Article | May 10, 2017
Site: www.bevindustry.com

The growing desire among consumers to lead more healthful lifestyles has placed an emphasis on functional beverages that feature a variety of benefits. Among them, sports and protein drinks have experienced steady growth as consumers engage in more active lives and are proactive about their health and wellness. Although these products feature a variety of benefits and are experiencing some growth, they’re also facing some challenges as well, according to experts. In 2015, sports drinks experienced volume growth of 5.5 percent to 1.5 billion gallons, with wholesale dollars up 7.8 percent to $6.8 billion, according to an October 2016 report from New York-based Beverage Marketing Corporation (BMC) titled “U.S. Sports Beverages through 2020.” The report forecasts the market to have a 4.4 percent compound annual growth rate to reach $8.5 billion by 2020, with volume growth at 3 percent to 1.7 billion gallons. The market remains dominated by Purchase, N.Y.-based PepsiCo’s Gatorade brand and Atlanta-based The Coca-Cola Co.’s Powerade brand, which account for a combined 94 percent share of the sports drinks market, according to Chicago-based Euromonitor International’s February 2017 titled “Sports Drinks in the US.” The Euromonitor report notes that a few factors are playing into the segment’s current and forecasted performance. “The product’s innate ability to bridge consumer interest differences is expected to contribute to the category’s relative consistency when compared to other soft drinks, which have been considerably more volatile in recent years,” it states. “And, while a growing subset of consumers have become apprehensive of sports drinks’ sugar content, new products with a higher content of naturally occurring sugar may be able to assuage skeptical consumers.” BMC’s Senior Editor Roger Dilworth also notes skepticism among some consumers toward sports drinks, but notes that brands are introducing products that answer to the skepticism. “There might be a suspicion by some consumers that sports drinks are not as healthy as advertised, so PepsiCo has aimed to meet this implicit criticism through organic Gatorade, following an earlier attempt at a G Natural product that has been phased out,” he explains. “The company continues its long-successful tack of celebrity endorsements to underscore the message that Gatorade is a serious beverage for serious athletes.” The Euromonitor report notes that Gatorade has seen success with its August 2016 launch of G Organic, noting that consumers are more responsive to certified-organic claims than they are to natural claims while they're also  looking for premium offerings in the sports drinks space. “With consumer goods of all types claiming ‘natural’ on their labels, American consumers have become increasingly desensitized to such claims. Organic certification, however, retains consumer confidence,” the report states. “Initial response to the product has been well-received, with distribution rapidly growing beyond its original exclusivity to Kroger and Amazon, and with wages on the rise, consumers are more likely to spend more on a premium Gatorade product than they were six years ago.” The G Organic lineup is USDA-certified organic and provides the benefits of Gatorade’s Thirst Quencher lineup, the company says. However, the Top 2 sports drink brands aren’t the only ones appealing to consumers health-and-wellness desires. BodyArmor, a brand of Queens, N.Y.-based BA Sports Nutrition LLC, is one brand that experts highlight as making an impact within the market due to its functional and healthy associations with coconut water. “Following years of sports drinks and coconut water players stating that they swim in different ponds, one brand manufacturer, BodyArmor, showed that certain sports drinks and coconut water could, in fact, mingle,” the Euromonitor report states. “The brand’s coconut water-based sports drinks, endorsed by household names like Kobe Bryant, Andrew Luck and Rob Gronkowski, have made inroads among health-conscious consumers who have long sought an alternative to the products in the sports drink duopoly.” BMC’s Dilworth also notes the growth of BodyArmor's sports drinks that feature a coconut water base. “Also, it should be noted that BodyArmor has gained popularity in part due to its implicit promise of being a healthier sports drink — although deep pockets of course have played a role in its relative success.” BodyArmor has received significant investments from Dr Pepper Snapple Group (DPS), Plano, Texas. DPS has invested in BodyArmor on more than one occasion, most recently in April 2016 when it invested $6 million to the brand, which was in addition to the initial $20 million it invested in August of 2015. With its most recent investment, DPS maintains a 15.5 percent stake in the brand. When it comes to protein drinks, the market experienced high single-digit increases in 2016 to more than $600 million wholesale, BMC’s Dilworth says. The protein drink market is benefiting from an increasingly diverse consumer base as well as the influx of protein sources, as more consumers are entering the category for everyday consumption as a way to experience the benefits of protein, he adds. “Protein drinks should continue to benefit from changing consumer attitudes toward carbohydrates as more people seek out paleo  or ketogenic dietary solutions,” Dilworth says. Benicia, Calif.-based CytoSport Inc.’s Muscle Milk brand continues to lead in the segment, according to Dilworth. “Protein [drink] leader Muscle Milk continues to innovate with new products and has gained a deep pocket with acquisition a couple of years ago by Hormel, which seems committed to growing its protein business, not only in terms of animal-based proteins but also plant-based proteins,” he explains. In fact, CytoSport Inc. launched a new product at the beginning of the year, Evolve, its first plant-based and vegan ready-to-drink protein line, the company says. “The Evolve brand provides great tasting, plant-powered protein products that can be enjoyed by everyone,” President and Chief Executive Officer of CytoSport Greg N. Longstreet said in a statement at the time of the launch. “Our goal was to create highly nutritious, delicious and sustainable products that consumers will be proud to support.” The product contains 20 grams of pea protein along with 10 grams of fiber in each 12-ounce, single-serve bottle. Although plant-based proteins are gaining share in the market, milk-based proteins are growing with whey protein continuing to be most prevalent, according to BMC’s report. “As the protein category segments, there are even milk-based protein drinks emerging that can boast of being lactose-free, tapping into an even broader potential base of consumers,” it states. Although protein is a popular ingredient, Chicago-based Mintel notes in its April 2016 report titled “Nutritional and Performance Drinks – US” that consumers are looking to protein-containing beverages featuring different amounts of the ingredient for a variety of reasons. “Protein may have a stronger association with weight gain than weight loss,” the report states. “Category participants are more likely than [the] average to look for a small amount of protein for weight loss efforts and are less likely to seek a large amount of protein for this goal. They are also twice as likely to seek a large amount of protein for weight gain efforts. “Only 18 percent of consumers who are managing their weight are doing so through high-protein diets,” it continues. “The more specific high-satiety claim is on the rise among weight-loss products. This might suggest that, even if protein contributes to satiety, weight-loss consumers may be more open to hearing about the result (no hunger) than the ingredients that get them there.” In its report, BMC notes that the desire for protein is resulting in a variety of hybrid beverages. “For example, with energy now a proven functional category and protein drinks hot, a Phoenix-based marketer launched a brand called Whey Up as a ‘protein drink with energy,’” the report states. “The entrepreneur behind the brand, Erik Rothchild, has come up with a sucralose-sweetened beverage that boasts 20 grams of protein via whey protein isolate but only 1 gram of carbohydrates and no sugar.” Eleanor Dwyer, research analyst at Euromonitor, also notes the growth of crossover products, which are helping to meet the needs of mainstream consumers who occasionally consume these products, she says. For example, Farmington Hills, Mich.-based Living Essentials LLC, makers of 5-Hour Energy, jumped into the protein space last year with 5-Hour Energy Protein, which boasts 21 grams of whey isolate and vegetable proteins along with a boost of energy in each 6-ounce bottle. Yet, when it comes to the overall sports nutrition market, including sports and protein drinks, Dwyer notes that eCommerce will play a role in growth going forward. “The online channel will continue to grow in importance, particularly for young sports nutrition companies as eCommerce allows retailers to stock a wide variety of products [that] appeal to both casual and hard core sports enthusiasts, while still keeping costs relatively low,” she says. Sports and protein drinks continue to see an opportunity in the market, particularly as health-and-wellness trends proliferate. With the mainstream desire to lead healthy lifestyles, the sports and protein drink market has expanded its reach from a targeted base to a more mainstream group of consumers, Dwyer says. She notes that the U.S. sports nutrition market experienced current value growth of 12 percent in 2016. “Much of this growth was driven by the continued expansion of the sports nutrition demographic base. While sports nutrition products previously targeted core athletes and body builders, greater numbers of casual users have begun using these products as they have become more aware of the health benefits of protein and the importance of active lifestyles,” she explains. “So-called weekend warriors looking to protein products to supplement active lifestyles comprise this new base of casual users. Brands targeting these users often craft their positioning very explicitly toward a particular sport and demographic.” Although the market continues to see an increase in consumption by a more diverse consumer base, Dwyer highlights that various consumer demographics still can be further tapped, including women and seniors. “Women comprise another rapidly growing consumer group,” she says. “… As sports nutrition companies are targeting a wider audience, including non-core users, female consumers represent an increasingly lucrative opportunity. As evolving fitness and nutrition trends attract more women to the category, manufacturers are taking note and crafting brand extensions and stand-alone lines to cater to this long-ignored demographic. Moreover, many female consumers are crossing over from weight management to sports nutrition as high-protein diets grow in popularity.” Dwyer adds that packaging design is important for reaching female consumers, with approachable, health-focused packaging preferred by these users. Female consumers are interested in the weight-management and wellness benefits that sports and protein drinks offer, and packaging that conveys these messages can be more appealing to them, she says. BMC’s Dilworth echoes similar sentiments, noting that protein drinks increasingly are marketed to women, highlighting the functions of protein as well as offering on-the-go solutions and various types of protein. Seniors, on the other hand, are looking to sports and protein drinks for a separate set of benefits, Dwyer explains. “Senior consumers continue to show greater interest in taking sports nutrition products, which help to maintain muscle mass and sustain optimal levels of protein intake,” she says. BI


Amy Mancuso, South Dakota Law Enforcement Telecommunications Director at DPS, said of the partnership, "The South Dakota Department of Public Safety has long been committed to keeping South Dakota a safe place to live, work, visit and raise a family. Our mission and our values have compelled us over the years to implement technology and systems that provide reliable information to criminal justice professionals and law enforcement officers. Diverse Computing's innovative technology is a great fit with our state's current infrastructure, and their commitment to public safety is well aligned with our department's priorities. We believe this important project will position the South Dakota Department of Public Safety, and our stakeholders to be more effective and efficient by improving our information sharing capabilities. The outcome of this effort will be an enhanced ability to fulfill our mission to protect the citizens and visitors of the State of South Dakota." In response to South Dakota's request, DCI proposed a replacement of the current system with a customized version of its eAgent FUSE (a message switch routing engine) and Hot Files products. eAgent FUSE will interface with existing systems and the standard SD LETS user interface to support and enhance South Dakota's DPS' protection of the public, and it will be customized to meet the State of South Dakota's specific needs. DCI has begun work on the system and is excited to continue the project in the coming months. DCI Business Consultant, Jamie Blakley, remarked, "DCI is excited to join the South Dakota Department of Public Safety team, and to become a participant and stakeholder in the fulfillment of their public safety mission. We appreciate the opportunity to provide our state-of-the-art eAgent software suite to modernize the SD LETS. South Dakota has a history of providing technology and systems to improve the effectiveness and efficiency of information sharing for criminal justice professionals, and DCI is honored to now be a part of that legacy. DCI has a strong commitment to our customers' success in fulfilling their mission. We look forward to a long-standing relationship with South Dakota DPS, and to implementing a solution that will securely deliver critical decision-making information to law enforcement." Diverse Computing, Inc. is a specialty software and consulting company that develops NCIC/CJIS end-user access and message switch applications for federal, state and local criminal justice agencies. Through its CJIS Audit and Compliance Experts Division (CJIS ACE), DCI provides criminal justice agencies and vendors with a full suite of "all things CJIS" consulting services. More than 1600 agencies throughout the country utilize the DCI software to perform their duties every single day. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/diverse-computing-inc-announces-a-new-project-with-south-dakotas-department-of-public-safety-for-modernizing-their-south-dakota-law-enforcement-telecommunications-system-300453372.html


News Article | May 9, 2017
Site: www.prnewswire.com

Karis Morrall, Communications & Partnerships Manager for the DPS CareerConnect program commented, "The awards committee was very impressed by the thoughtful, engaging workshop that Gates held for our middle school students." Working with the Colorado Advanced Manufacturing Alliance (CAMA) throughout the 2016 school year, the program has hosted over 200 7th and 8th Grade students at the company's Englewood, Colorado technical laboratory facility. During the all-day workshops, students took active roles in developing solutions to real manufacturing challenges related to engineering design, procurement, marketing, finance, and production with positive results. One student wrote, "Thank you for allowing us to have the experience that we did, it opened a lot of new possible career choices for me." "Exposing these diverse groups of students to the different career pathways the manufacturing sector has to offer was an extremely rewarding experience," said Cindy Cookson, Director Global Product Lines and chair of the Gates "Empowering Creators" committee. The program shows younger students that manufacturing is a good option as a career choice before career planning starts in High School. It is also easily duplicated for implementation in other communities. Gates Corporation is the world's leading manufacturer of power transmission belts and a premier global manufacturer of fluid power products. Our highly engineered products are critical components used in diverse industrial and automotive applications where the cost of failure is very high relative to the cost of our products. We provide a differentiated value proposition to our customers by offering a complete portfolio of premium product and service solutions for both replacement and first-fit applications across our targeted end markets, which encompass process and specialty, construction, agriculture, energy, transportation, and automotive. We sell our products globally under the Gates brand, which is recognized by distributors, original equipment manufacturers, and installers as the premium brand for quality and technological innovation, a reputation which we have built for over a century since our founding in 1911. As an engineering leader with a strong foundation in research and development, Gates is committed to advancing the science of motion performance by developing safe, forward-thinking products, services, systems, and solutions, as well as fostering long-term customer and employee relationships. Headquartered in Denver, Colorado, Gates employs over 14,000 people across 106 locations in 30 countries. If it moves you, there's a good chance Gates has a part in it. Denver Public Schools' CareerSpark Industry Exploration Program partners with Denver businesses to expose middle school students to professional work environments and inspires them to consider careers in Science, Technology, Engineering, and Math (STEM) industries. Through CareerSpark, DPS students learn about careers available within a particular industry and experience aspects of STEM careers through hands-on, engaging activities. They also learn about post-high school educational paths to the careers included in the event. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/gates-receives-denver-public-schools-partnership-award-300454276.html


TOKYO--(BUSINESS WIRE)--Toshiba Corporation's (TOKYO:6502) Storage & Electronic Devices Solutions Company today announced the launch of new two high current products, the 60V "TLP3407S" and the 100V "TLP3409S", additions to its line-up of photorelays packaged in S-VSON4[1], the package with the industry's smallest mounting area[2]. Mass production shipments start today. The new products realize high voltages while retaining the features of TLP3406S, already in the line-up, which offers a 30V voltage with large on-state current rating and small size. The higher voltages realize support for DPS[3] applications, such as SoC testers, which require voltage variation for automotive ICs. The S-VSON4 package has a 22.5% smaller mounting area than the current VSON4 package[4]. This series also pushes operating temperature to a new high, from 85°C to 110°C. It contributes to improved design efficiency by reducing the size of the tester board, increasing the number of relay circuits, and further improving integration density. The latest Gartner market report recognizes Toshiba as the leading manufacturer of optocouplers by sales in 2015 and 2016, with 23% of sale-based market share in CY2016. (Source: Gartner “Market Share: Semiconductor Devices and Applications Worldwide, 2016” 30 March 2016.) Toshiba will continue to deliver products that meet the needs of customers by promoting the development of a diverse portfolio of photocouplers and photorelays tailored to market trends. Notes [1] S-VSON4 package: 2.00mm×1.45mm (typ.) [2] For photorelay products, as of May 10, 2017. Toshiba survey. [3] DPS (Device Power Supply): Power supply peripheral circuits of various testers. [4] VSON4 package: 2.45mm×1.45mm (typ.) [5] New products. Follow the link below for more on the new products and the Toshiba photorelay line-up. https://toshiba.semicon-storage.com/ap-en/product/opto/photocoupler/photorelay.html Information in this document, including product prices and specifications, content of services and contact information, is correct on the date of the announcement but is subject to change without prior notice. Toshiba Corporation, a Fortune Global 500 company, channels world-class capabilities in advanced electronic and electrical product and systems into three focus business fields: Energy that sustains everyday life, that is cleaner and safer; Infrastructure that sustains quality of life; and Storage that sustains the advanced information society. Guided by the principles of The Basic Commitment of the Toshiba Group, “Committed to People, Committed to the Future”, Toshiba promotes global operations and is contributing to the realization of a world where generations to come can live better lives. Founded in Tokyo in 1875, today’s Toshiba is at the heart of a global network of 550 consolidated companies employing 188,000 people worldwide, with annual sales surpassing 5.6 trillion yen (US$50 billion). (As of March 31, 2016.) To find out more about Toshiba, visit www.toshiba.co.jp/index.htm


Deerfield, Illinois-based Mondelez International Inc.'s stock finished Tuesday's session 0.65% lower at $44.30, with a total volume of 5.82 million shares traded. Over the last one month and the previous three months, Mondelez International's shares have advanced 0.27% and 1.28%, respectively. Furthermore, the stock has gained 1.77% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 0.45% and 2.02%, respectively. Shares of Mondelez, which through its subsidiaries, manufactures and markets snack food and beverage products worldwide, are trading at a PE ratio of 42.03. The stock has a Relative Strength Index (RSI) of 48.00. On May 03rd, 2017, research firm Deutsche Bank upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $49 a share to $51 a share. See our free and comprehensive research report on MDLZ at: Pennsylvania headquartered The Hershey Co.'s stock edged 0.55% lower, to close the day at $106.41. The stock recorded a trading volume of 732,489 shares. Hershey's shares have gained 17.86% in the past one year. The Company's shares are trading 3.03% above its 200-day moving average. Shares of the Company, which together with its subsidiaries, manufactures and sells confectionery products, are trading at a PE ratio of 45.22. Additionally, the stock has an RSI of 39.38. HSY free research report PDF is just a click away at: On Tuesday, shares in Plano, Texas headquartered Dr Pepper Snapple Group Inc. ended the session 0.63% lower at $90.51, with a total volume of 983,768 shares traded. Shares of the Company, which operates as a brand owner, manufacturer, and distributor of non-alcoholic beverages in the US, Mexico, and Canada, are trading at a PE ratio of 19.95. The stock is trading 5.09% below its 50-day moving average and 0.73% below its 200-day moving average. Moreover, the Company's shares have an RSI of 28.06. Sign up for your complimentary report on DPS at: On Tuesday, shares in Tampa, Florida-based Cott Corp. recorded a trading volume of 776,338 shares, which was lower than their three months average volume of 1.19 million shares. The stock ended the day flat at $12.48. Cott's stock has gained 1.30% in the last one month and 18.68% in the previous three months. The Company's shares are trading above its 50-day moving average by 2.00%. Furthermore, shares of Cott, which together with its subsidiaries, produces and sells beverages on behalf of retailers, brand owners, and distributors worldwide, have an RSI of 43.71. Register for free on Stock-Callers.com and download the latest research report on COT at: Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. SC has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit CONTACT For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: Email: info@stock-callers.com Phone number:  +44-330-808-3765 Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


News Article | September 15, 2017
Site: www.prnewswire.com

Additionally, on September 7, 2017, DPS and Delphi Powertrain Corporation ("Delphi Powertrain"), a wholly-owned U.S. subsidiary of DPS, entered into a credit agreement by and among DPS, Delphi Powertrain and JPMorgan Chase Bank, N.A., as Administrative Agent (the "Credit Agreement"). The Credit Agreement consists of a senior secured five-year $750 million term loan facility and a senior secured five-year $500 million revolving credit facility  (collectively, the "Credit Facilities"). The Credit Facilities are expected to become available to DPS after the satisfaction of certain conditions customary for financings of this type, including the completion of the separation of DPS from Delphi by means of a spin-off and the establishment of DPS as a separate publicly traded company. "These financings mark another important milestone in our process toward completing the spin-off of our Powertrain Systems business," said Kevin Clark, president and chief executive officer.  "The strong demand for participation in the Credit Facilities and the Notes offering demonstrates the strength of the business and confidence in its ability to successfully compete as a standalone company." Upon completion of the spin-off, DPS intends to use the proceeds from the Notes, together with borrowings under the $750 million term loan, to fund operating cash, pay taxes, fees and expenses related to the spin-off, and distribute a dividend to Delphi. The Notes have been offered for sale to qualified institutional buyers in an offering exempt from registration pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and to persons outside the United States in compliance with Regulation S under the Securities Act. The Notes have not been registered under the Securities Act, or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering, solicitation or sale would be unlawful. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act. DPS is the recently formed holding company for Delphi's Powertrain Systems segment. DPS is a leader in the development, design and manufacture of integrated powertrain technologies that optimize engine performance, increase vehicle efficiency, reduce emissions, improve driving performance, and support increasing electrification of vehicles. DPS is a global supplier to original equipment manufacturers seeking to manufacture vehicles that meet and exceed increasingly stringent global regulatory requirements and satisfy consumer demands for an enhanced user experience. Additionally, DPS offers a full spectrum of aftermarket products serving a global customer base. Delphi Automotive PLC is a high-technology company that integrates safer, greener and more connected solutions for the automotive and transportation sectors. Headquartered in Gillingham, U.K., Delphi operates technical centers, manufacturing sites and customer support services in 46 countries. This press release, as well as other statements made by Delphi and DPS, contain forward-looking statements that reflect, when made, Delphi's current views with respect to current events and DPS's proposed notes offering and capital structure. The offering is subject to customary closing conditions and there can be no assurance as to whether the offering will be completed or when or whether the spinoff will be completed. Such forward-looking statements are subject to many risks, uncertainties and factors relating to Delphi and DPS's operations and business environment as well as market conditions, which may cause the actual results of Delphi and DPS to be materially different from any future results, express or implied, by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements are discussed under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Delphi's filings with the Securities and Exchange Commission and in DPS's Form 10 Registration Statement, as amended. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect Delphi and DPS. Delphi disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events and/or otherwise, except as may be required by law.

Loading DPS Inc collaborators
Loading DPS Inc collaborators