The United States Of America As Represented By The Federal Bureau Of Investigation and Federal Bureau Of Investigation | Date: 2014-02-28
The present invention relates to a hot-wire detonator emulator that has the capability of monitoring switching in a simulated, mock, or inert improvised explosive device (IED) powered by direct current. One purpose of the inventive emulator is to function as an energetic witness substitute by replacing the detonator in an actual IED, thus enabling bomb technicians to conduct bench top and field analyses of IEDs, and to assess the effectiveness of render-safe procedures by, for example, illustrating how a detonator would react in a render-safe procedure.
News Article | February 17, 2017
HERNDON, Va., Feb. 17, 2017 (GLOBE NEWSWIRE) -- ManTech International Corporation (Nasdaq:MANT) will provide mission-critical clinical information technology specialty support to the Department of Veterans Affairs (VA) Office of Information & Technology (OI&T), Enterprise Program Management Office (EPMO). ManTech will deliver troubleshooting, systems engineering, software development, and operational support to the VA’s telemedicine and VistA Imaging systems as a subcontractor to Liberty IT Solutions, LLC, a leading Service-Disabled Veteran-Owned Small Business IT services provider to the Federal Government, helping enable systems that directly support veterans’ healthcare. The base subcontract with options has a total value to ManTech of $20 million. “ManTech is proud to continue its support for our nation’s veterans through the provision of critical IT services to the Department of Veterans Affairs and its clinical IT systems. Through the HPS contract and in partnership with Liberty IT and the VA, ManTech will contribute to top-quality and accessible medical care for veterans,” said Daniel J. Keefe, president and chief operating officer of ManTech’s Mission Solutions & Services Group and a retired Army brigadier general. ManTech provides innovative technologies and solutions for mission-critical national security programs for the Intelligence Community; the Departments of Defense, State, Homeland Security, Health and Human Services, Veterans Affairs and Justice, including the Federal Bureau of Investigation (FBI); the space community; and other U.S. government customers. We support important national missions by providing services to approximately 50 federal government agencies under approximately 900 current contracts. ManTech's expertise includes cybersecurity; software and systems development; enterprise information technology; multi-discipline intelligence; program protection and mission assurance; systems engineering; test and evaluation (T&E); command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR); training; supply chain management and logistics; and management consulting. Additional information on ManTech can be found at www.mantech.com. Statements and assumptions made in this press release, which do not address historical facts, constitute "forward-looking" statements that ManTech believes to be within the definition in the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties, many of which are outside of our control. These forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes we anticipate. Factors that could cause actual results to differ materially from the results we anticipate include, but are not limited to, the following: failure to obtain option awards, task orders, or funding under contracts; failure to realize the full amount of our backlog, or adverse changes in the timing of receipt of revenues under contracts included in backlog; or renegotiation, modification, or termination of our contracts, or failure to perform in conformity with contract terms or our expectations. These and other risk factors are more fully discussed in the section entitled "Risk Factors" in ManTech's Annual Report on Form 10-K, and, from time to time, in ManTech's other filings with the Securities and Exchange Commission.
News Article | February 21, 2017
RESTON Va., Feb. 21, 2017 (GLOBE NEWSWIRE) -- STG Group, Inc. (OTCQB:STGG), (the “Company” or “STG”), a leading provider of mission-critical technology, cyber, and data solutions to the U.S. Government, today announced that it has entered into a definitive merger agreement to acquire Preferred Systems Solutions, Inc. (PSS) for a total consideration of approximately $119 million. STG Group intends to fund the purchase price with a combination of debt and equity financing. STG Group expects the transaction to close during the first quarter of 2017, subject to customary closing conditions, including regulatory review. PSS is a leading provider of advanced computing, analytics, program and acquisition management, cyber and software solutions to key defense, intelligence and federal civilian customers, working with over 25 government agency partners. The acquisition of PSS advances STG’s vision to create a new breed of high growth, agile business delivering knowledge superiority and information security to U.S. federal clients. It will combine strong capabilities and proven success in delivery and innovation with a shared commitment to developing and enhancing new solutions with much greater speed and efficiency, aligned to a growing customer demand for rapid innovation. “We are excited to announce the next step in our transformation strategy for STG Group. With the acquisition of PSS, we are advancing our technological agility and ingenuity to meet the most complex and demanding national security challenges facing the U.S.,” said STG President Phillip Lacombe. “Preferred Systems Solutions has proven excellence in data analytics, cyber security, high performance computing, acquisition and program management, and software development, with particular strength and depth in the Intelligence Community. The combined company will have stronger core competences, greater scale and depth, the ability to develop new capabilities and focus on a wider range of customers managing larger, more complex Federal programs. With our progressive vision for the business, I believe that we will deliver on the growing demands of those customers. As we work towards close, we look forward to welcoming and integrating PSS and its people in to the STG team.” “We are extremely pleased to become part of the STG Group as it will significantly increase our ability to provide an expanded set of advanced technology capabilities across the broad spectrum of critical national security programs,” said Scott Goss, CEO of PSS. “Equally important is the opportunity for our associates to grow personally and professionally in an environment with similar values and culture. The company’s commitment to outstanding customer support enables world class services in support of our country’s warfighters and the federal civilian workforce working daily to safeguard our country.” Morrison & Foerster LLP (legal counsel) served as advisors to STG Group, Inc. on this transaction. Sagent Advisors acted as financial advisor and rendered a fairness opinion to the Board of Directors of STG in connection with the acquisition. About STG STG Group, Inc. is a leading provider of mission-critical technology, cyber, and data solutions to more than 50 U.S. Federal Agencies. Applying decades of experience, the company works to ensure the security of the digital domain, the effectiveness of complex IT systems and the delivery of quality intelligence to decision makers. STG is a Washington Technology Top 100 Company. Visit STG at www.stg.com. About Preferred Systems Solutions Preferred Systems Solutions is a premier provider of Software Engineering & Development, High Performance Computing, Cyber Security, Cloud Computing, Systems Engineering & Technical Assistance, Business Applications and Financial Management, and Program and Acquisition Management services to government and industry clients that include the Intelligence Community, U.S. Army, U.S. Navy, Defense Logistics Agency, U.S. Transportation Command, Defense Advanced Research Project Agency (DARPA), Federal Bureau of Investigation (FBI), and the Departments of Homeland Security and Transportation, among other customers. For more information, visit www.pssfed.com. Forward-Looking Statements This press release contains forward-looking statements that involve risks and uncertainties concerning STG, STG’s expected financial performance, as well as STG’s strategic and operational plans. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. Terms such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties. The potential risks and uncertainties include, among others, the possibility that the transaction will not close or that the closing may be delayed; the reaction of customers to the acquisition; the possibility that conditions to the closing of the transaction may not be satisfied; the transaction may involve unexpected costs, liabilities or delays; or the occurrence of any event, change or other circumstances that could give rise to the termination of the transaction agreement. In addition, please refer to risks described in the “Risk Factors” in STG’s Annual Report on Form 10-K for the year ended December 31, 2015 and filed with the SEC. Please also refer to the other documents that STG filed with the SEC on Forms 10-K, 10-Q and 8-K. The filings by STG identify and address other important factors that could cause its financial and operational results to differ materially from those contained in the forward-looking statements set forth in this press release. STG is under no duty to update any of the forward-looking statements after the date of this press release to conform to actual results, and you are cautioned not to place undue reliance on any such statements.
News Article | March 2, 2017
WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions withdrew on Thursday from any probe into alleged Russian meddling in the 2016 presidential election after it emerged he had had contacts with Russian officials while involved with President Donald Trump's campaign. But Sessions, a long-time U.S. senator before becoming the country's top law enforcement official, said he did nothing wrong by not disclosing during Senate testimony that he had met last year with Russia's ambassador. He said the meetings were in his capacity as senator, not as a campaign aide. "I have recused myself in the matters that deal with the Trump campaign," Sessions told reporters at a hastily arranged news conference, after several fellow Republicans in Congress had called for the move. But his announcement did nothing to quell Democratic concerns, with House Democratic leader Nancy Pelosi repeating a call for him to resign and saying "his narrow recusal and sorry attempt to explain away his perjury" were totally inadequate. Sessions said he had been weighing recusal - ruling himself out from any role in the investigations - even before the latest twist of the controversy over ties between Trump associates and Russia that has dogged the early days of his presidency. The move means Sessions, a powerful member of Trump's inner circle, will not be briefed on details of any probe. Should the Federal Bureau of Investigation decide to move forward with charges, Sessions would not be in a position to weigh in on whether the Department of Justice should take the case. The controversy comes as Trump and Republicans who control Congress are trying to move past early administration missteps and focus on issues important to them, including immigration, tax cuts and repealing the Obamacare healthcare law. U.S. intelligence agencies concluded last year that Russia hacked and leaked Democratic emails during the election campaign as part of an effort to tilt the vote in Trump's favor. The Kremlin has denied the allegations. Trump fired national security adviser Michael Flynn last month after revelations that Flynn had discussed U.S. sanctions on Russia with Russian Ambassador Sergei Kislyak before Trump took office and that Flynn had misled Vice President Mike Pence about the conversations. During his Senate confirmation hearing in January, Sessions responded to a question from Democratic Senator Al Franken that he did not "have communications with the Russians" during the presidential campaign. But on Wednesday night, the Washington Post revealed that Sessions, who was a senior campaign aide of Trump's, received Kislyak in his Senate office in September. The other encounter was in July at a Heritage Foundation event that was attended by about 50 ambassadors, during the Republican National Convention, the Post said. Sessions said he was "honest and correct" in his answer to Franken, drawing a distinction between his role as a senator and his role as a campaign aide. "I never had meetings with Russian operatives or Russian intermediaries about the Trump campaign," Sessions said, but added that he felt that he should not be involved in investigating a campaign in which he had had a role. At least two other officials in Trump's campaign said they also spoke with the Russian ambassador at a conference on the sidelines of the July convention last July, USA Today reported on Thursday. While there is nothing legally wrong with such meetings, the reported contacts raise questions about the White House's repeated statements that it knew of no further contacts with Russian officials beyond those by Flynn. Before the news conference, Trump stood by his attorney general, saying he had "total" confidence in Sessions. Asked whether Sessions should step aside from the investigations, Trump told reporters, "I don't think so." Senate Democratic leader Chuck Schumer, who earlier said it would be like "Alice in Wonderland" if the administration were to approve Sessions' investigating himself, said he should have recused himself the moment he was sworn in rather than waiting until he was caught misleading Congress. Democrats on the House Judiciary Committee asked the FBI to launch a criminal investigation into Sessions' statements to Congress about his communication with Russian officials.
News Article | March 2, 2017
WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced its results of operations for the quarter and full year ended December 31, 2016. “Easterly Government Properties is pleased to have completed another successful year as a public company, marked by very strong fourth quarter and full year 2016 results,” said William C. Trimble III, President and Chief Executive Officer of Easterly Government Properties, Inc. “We continue to season as a public REIT and have provided our shareholders with solid growth since our IPO through the expansion of our focused, mission-critical portfolio: In 2015 and 2016 we gave guidance that Easterly would complete $75 - $125 million in acquisitions annually and we exceeded that with $171 million in 2015 and $157 million in 2016. Our acquisitions to date have met our target acquisition metrics and have been accretive. As we conclude our second successful year as a public company, we have stated $150 - $200 million as an acquisition goal for 2017 and fully expect Easterly to continue to deliver.” Financial Results for the Quarter Ended December 31, 2016 Net income of $1.5 million, or $0.03 per share on a fully diluted basis FFO of $13.9 million, or $0.31 per share on a fully diluted basis FFO, as Adjusted of $13.3 million, or $0.30 per share on a fully diluted basis Financial Results for the Full Year Ended December 31, 2016 Net income of $4.7 million, or $0.11 per share on a fully diluted basis FFO of $51.4 million, or $1.21 per share on a fully diluted basis FFO, as Adjusted of $49.6 million, or $1.17 per share on a fully diluted basis “Easterly continues to hone its definable edge in sourcing, underwriting and servicing assets that are leased to the U.S. Federal Government,” said Darrell Crate, Chairman of Easterly Government Properties, Inc. “We believe by aligning ourselves with the highest quality properties and prudently managing our capital we are well positioned to continue to add meaningful value to shareholders over time.” As of December 31, 2016, the Company wholly owned 43 operating properties in the United States, encompassing approximately 3.1 million square feet in the aggregate, including 40 operating properties that were leased primarily to U.S. Government tenant agencies and three operating properties that were entirely leased to private tenants. As of December 31, 2016, the portfolio had an average age of 12.7 years, was 100% occupied, and had a weighted average remaining lease term of 5.9 years. With approximately 15.7% of leases based on square footage, or 16.6% based on total annualized lease income scheduled to expire before 2019, Easterly expects to continue to provide a highly visible and stable cash-flow stream. In 2016, the Company acquired 7 properties with an aggregate purchase price of $157 million. On February 17, 2016, Easterly acquired an Immigration and Customs Enforcement (ICE) building in Albuquerque, NM. The 71,100 square foot building is a 24/7 facility and houses both the Homeland Security Investigation and the Enforcement and Removal Operations directorates. The build-to-suit facility was completed in 2011 and is fully leased to the GSA until 2027. On May 19, 2016, Easterly acquired a National Park Service (NPS) building in Omaha, NE. The 62,772 square foot property serves as the Midwest Regional Headquarters for the NPS and includes a visitor center for the Lewis and Clark National Historic Trail. The build-to-suit LEED Gold building was completed in 2004 and is fully leased to the GSA until 2024. On July 1, 2016, Easterly acquired a 96,278 square foot Federal Bureau of Investigation (FBI) building in Birmingham, AL. This building, which was part of a portfolio acquisition, houses one of 56 field offices of the FBI and has a geographic reach which spans 31 counties in the northern part of the state. The build-to-suit facility was constructed in 2005 and has a number of security upgrades, including security fencing and vehicle barriers. The facility is fully leased to the GSA until 2020. On July 1, 2016, Easterly acquired a 35,616 square foot Drug Enforcement Administration (DEA) building in Birmingham, AL. This building, which was part of a portfolio acquisition, houses one of three DEA district offices with the New Orleans Division, which encompasses four states, and is responsible for the oversight of one satellite resident office in Alabama. The build-to-suit property includes 90 foot setbacks, holding cells, and anti-climb perimeter fencing. The building, constructed in 2005, is 100% leased to the GSA until 2020. On July 1, 2016, Easterly acquired a 71,979 square foot Environmental Protection Agency (EPA) laboratory in Kansas City, KS. This building, which was part of a portfolio acquisition, serves as the Region 7 Science and Technology Center, a special purpose laboratory where EPA scientists perform chemical and biological analyses. The LEED Gold build-to-suit laboratory was completed in 2003 and is 100% leased to the GSA until 2023. On November 22, 2016, Easterly acquired a 98,184 square foot Federal Bureau of Investigation (FBI) building in Albany, NY. This building, which was part of a portfolio acquisition, serves as one of the 56 field offices of the FBI and has a geographic reach which spans 32 counties in upstate New York and 14 counties in Vermont. The build-to-suit property, constructed in 1998, has seen a number of security improvements, including reinforced security fencing and hydraulic vehicle barricades, blast resistant envelope and window features, and intrusion detection systems. The property is 100% leased to the GSA until 2018. On December 23, 2016, Easterly acquired the 30,119 square foot Robert K. Rodibaugh United States Bankruptcy Courthouse in South Bend, IN. The courthouse serves the Northern District of Indiana and is responsible for handling bankruptcy cases throughout 11 counties. The property was originally constructed in 1996 and underwent a renovation in 2011 featuring a number of modifications, including bullet proof-glazed windows, wood paneling, enhanced chamber ceiling heights and two passenger elevators. The building is 100% leased to the GSA until 2027. On June 18, 2016, Easterly was awarded the lease for a 65,810 square foot Food and Drug Administration (FDA) laboratory in Alameda, CA. The FDA currently operates 13 field laboratories, located strategically throughout the country. The FDA - Alameda laboratory will become the newest laboratory in the FDA’s portfolio and, upon completion, will be leased to the GSA for a 20-year term. As of December 31, 2016, the Company had total indebtedness of $292.5 million comprised of $212.2 million on its unsecured revolving credit facility and $80.4 million of mortgage debt (excluding unamortized premiums and discounts). At December 31, 2016, Easterly had net debt to total enterprise value of 23.8% and a net debt to annualized quarterly EBITDA ratio of 4.5x. Easterly’s outstanding debt had a weighted average maturity of 4.4 years and a weighted average interest rate of 2.6%. On September 29, 2016 the Company entered into a $100 million unsecured delayed draw term loan which was undrawn as of December 31, 2016. In October, 2016 the Company entered into two forward-starting interest rate swaps to effectively fix the interest rate on future draw-downs of the term loan at 3.12% annually based on the Company’s current leverage ratio. As of December 31, 2016, on a pro forma basis, fully drawing the term loan and repaying a portion of the borrowings on the Company’s revolving credit facility, would extend the Company’s weighted average debt maturity to 6.0 years, in line with its weighted average remaining lease term, and would result in a weighted average interest rate of 2.9%. Additionally, the Company’s total debt would be 56% fixed and 44% variable, after such pro forma adjustments. On February 23, 2017 the Board of Directors of Easterly approved a cash dividend for the fourth quarter of 2016 in the amount of $0.24 per common share. The dividend will be payable March 22, 2017 to shareholders of record on March 7, 2017. On February 3, 2017 the Company acquired a 75,000 square foot Occupational Safety and Health Administration (OSHA) laboratory located in Sandy, Utah. The build-to-suit facility was constructed in 2003 and is 100% leased to the GSA, under a 20-year initial lease, until 2024. The lease includes two five-year renewal options with fixed rental increases, that, if exercised, would carry the lease term to 2034. The Company’s financial guidance including the impact from all announced and completed acquisitions as well as assumptions for future acquisitions based on management’s expectations, for the 12 months ending December 31, 2017, is as follows: This guidance assumes our previously stated range of $150 - $200 million of acquisitions in 2017, including the recently announced OSHA - Sandy acquisition, and does not contemplate any dispositions. This guidance is forward-looking and reflects management's view of current and future market conditions. The Company's actual results may differ materially from this guidance. This section contains definitions of certain non-GAAP financial measures and other terms that the Company uses in this press release and, where applicable, the reasons why management believes these non-GAAP financial measures provide useful information to investors about the Company’s financial condition and results of operations and the other purposes for which management uses the measures. These measures should not be considered in isolation or as a substitute for measures of performance in accordance with GAAP. Additional detail can be found in the Company’s most recent annual report on Form 10-K, as well as other documents filed with or furnished to the SEC from time to time. Cash Available for Distribution (CAD) is a non-GAAP financial measure that is not intended to represent cash flow for the period and is not indicative of cash flow provided by operating activities as determined under GAAP. CAD is calculated in accordance with the current NAREIT definition as FFO minus normalized recurring real estate-related expenditures and other non-cash items and nonrecurring expenditures. CAD is presented solely as a supplemental disclosure because the Company believes it provides useful information regarding the Company’s ability to fund its dividends. Because all companies do not calculate CAD the same way, the presentation of CAD may not be comparable to similarly titled measures of other companies. EBITDA is calculated as the sum of net income (loss) before interest expense, income taxes, depreciation and amortization. EBITDA is not intended to represent cash flow for the period, is not presented as an alternative to operating income as an indicator of operating performance, should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP and is not indicative of operating income or cash provided by operating activities as determined under GAAP. EBITDA is presented solely as a supplemental disclosure with respect to liquidity because the Company believes it provides useful information regarding the Company's ability to service or incur debt. Because all companies do not calculate EBITDA the same way, the presentation of EBITDA may not be comparable to similarly titled measures of other companies. Funds From Operations (FFO) is defined by NAREIT as net income (loss), calculated in accordance with GAAP, excluding gains or losses from sales of property and impairment losses on depreciable real estate, plus real estate depreciation and amortization, and after adjustments for unconsolidated partnerships and joint ventures. FFO is a widely recognized measure of REIT performance. Although FFO is a non-GAAP financial measure, the Company believes that information regarding FFO is helpful to shareholders and potential investors. Funds From Operations, as Adjusted (FFO, as Adjusted) adjusts FFO to present an alternative measure of our operating performance, which, when applicable, excludes the impact of acquisition costs, straight-line rent, above-/below-market leases, non-cash interest expense and non-cash compensation. By excluding income and expense items such as straight-line rent, above-/below-market leases, non-cash interest expense and non-cash compensation from FFO, as Adjusted, the Company believes it provides useful information as these items have no cash impact. In addition, by excluding acquisition related costs the Company believes FFO, as Adjusted provides useful information that is comparable across periods and more accurately reflects the operating performance of the Company’s properties. Fully diluted basis assumes the exchange of all outstanding common units representing limited partnership interests in the Company’s operating partnership, or common units, the full vesting of all shares of restricted stock units, and the exchange of all earned and vested LTIP units in the Company’s operating partnership for shares of common stock on a one-for-one basis, which is not the same as the meaning of “fully diluted” under GAAP. Fully diluted basis does not include outstanding LTIP units in the Company’s operating partnership that are subject to performance criteria that have not yet been met. The Company will host a webcast and conference call at 10:00 a.m. Eastern Standard time on March 2, 2017 to review the fourth quarter and full year 2016 performance, discuss recent events and conduct a question-and-answer session. The number to call is 1-877-705-6003 (domestic) and 1-201-493-6725 (international). A live webcast will be available in the Investor Relations section of the Company’s website. A replay of the conference call will be available through March 16, 2016 by dialing 844-512-2921 (domestic) and 412-317-6671 (international) and entering the passcode 13654585. Please note that the full text of the press release and supplemental information package are available through the Company’s website at ir.easterlyreit.com. Easterly Government Properties, Inc. (NYSE:DEA) is based in Washington, D.C., and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government. Easterly’s experienced management team brings specialized insight into the strategy and needs of mission-critical U.S. Government agencies for properties leased primarily through the U.S. General Services Administration (GSA). For further information on the company and its properties, please visit www.easterlyreit.com. We make statements in this press release that are considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, which are usually identified by the use of words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “seeks,” “should,” “will,” and variations of such words or similar expressions and include our guidance with respect to Net income (loss) and FFO per share on a fully diluted basis. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and are including this statement in this press release for purposes of complying with those safe harbor provisions. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in or suggested by those forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond our control including, without limitation: risks associated with our dependence on the U.S. Government and its agencies for substantially all of our revenues; risks associated with ownership and development of real estate; decreased rental rates or increased vacancy rates; loss of key personnel; general volatility of the capital and credit markets and the market price of our common stock; the risk we may lose one or more major tenants; difficulties in completing and successfully integrating acquisitions; failure of acquisitions or development projects to occur at anticipated levels or to yield anticipated results; risks associated with actual or threatened terrorist attacks; intense competition in the real estate market that may limit our ability to attract or retain tenants or re-lease space; insufficient amounts of insurance or exposure to events that are either uninsured or underinsured; uncertainties and risks related to adverse weather conditions, natural disasters and climate change; exposure to liability relating to environmental and health and safety matters; limited ability to dispose of assets because of the relative illiquidity of real estate investments and the nature of our assets; exposure to litigation or other claims; risks associated with breaches of our data security; risks associated with our indebtedness; and other risks and uncertainties detailed in the “Risk Factors” section of our Form 10-K for the year ended December 31, 2016, to be filed with the Securities and Exchange Commission on or about March 2, 2017. In addition, our anticipated qualification as a real estate investment trust involves the application of highly technical and complex provisions of the Internal Revenue Code of 1986, or the Code, and depends on our ability to meet the various requirements imposed by the Code through actual operating results, distribution levels and diversity of stock ownership. We assume no obligation to update publicly any forward looking statements, whether as a result of new information, future events or otherwise.
News Article | February 16, 2017
(Reuters) - A federal jury on Thursday convicted a Chinese scientist in Kansas of conspiring to steal samples of a variety of genetically engineered rice seeds from a U.S. research facility, the U.S. Justice Department said, the latest attempt at agricultural theft linked to China. Weiqiang Zhang, 50, a Chinese national living in Manhattan, Kansas, was convicted on three counts, including conspiracy to steal trade secrets and interstate transportation of stolen property, the department said in a statement. Zhang, who has a doctorate from Louisiana State University, worked as a rice breeder for Kansas-based Ventria Bioscience Inc, which develops genetically programmed rice used in the therapeutic and medical fields. He stole hundreds of rice seeds produced by Ventria and stored them at his Manhattan residence, the statement said. In recent years, U.S. law enforcement officials have urged agriculture executives and security officers to increase their vigilance and report suspicious activity involving farm products, citing a growing economic and national security threat to the sector. The number of international economic espionage cases referred to the U.S. Federal Bureau of Investigation is rising, up 15 percent each year from 2009 to 2014 and up 53 percent in 2015, according to the FBI. In Zhang's case, employees of a crop research institute in China visited him in 2013 in Kansas. U.S. customs officers found seeds belonging to Ventria in the luggage of Zhang's visitors as they prepared to leave the United States for China, the department said. Last year, a Chinese man charged with conspiracy to steal high-tech U.S. corn seeds pleaded guilty in federal court in Iowa for participating in the theft of the patented seeds with the intention of transporting them to China. The case laid bare the value, and vulnerability, of advanced food technology in a world with 7 billion mouths to feed, 1.36 billion of them Chinese. China bans commercial growing of GMO grains due to public opposition to the technology. Still, President Xi called in 2014 for China to innovate and dominate the technique, which promises high yields through resistance to drought, pests and disease. In October, a geneticist at the U.S. Agriculture Department, Wengui Yan, pleaded guilty to making false statements to the FBI when questioned about plans to send U.S. rice samples to China. Yan admitted a group of Chinese tourists in 2013 told him of their plans to steal engineered U.S. rice.
News Article | February 17, 2017
Complete Discovery Source (CDS), a leading eDiscovery company, announced that it will be partnering with In the House, an exclusive community for in-house legal professionals, to present a webinar on the Importance of Cybersecurity for M&A Data on Wednesday February 22, 2017 at 1pm ET. The 90-minute program, designed for law professionals whose practice areas include the handling of electronically stored data, is free to attend. Participants can register using the following link: Matthew F. Knouff, eDiscovery Counsel at CDS, will be moderating a discussion between panelists Jaime Skinner, Senior Corporate Counsel at Caterpillar, LLC; Jay Kramer, Supervisor Special Agent and Attorney at the Federal Bureau of Investigation; Rani A. Habash, Antitrust Associate at Dechert LLP; and Brad Janssen, Director of Advisory Services at CDS. This webinar will address many of the hot topics around data security in M&A, including: About Complete Discovery Source Complete Discovery Source (CDS) is a leading eDiscovery company, providing litigation technology and hosting, advisory services, and managed services to support complex discovery matters. CDS is the first choice of the Am Law 100 and Fortune 500 and is recognized as Best in End-to-End eDiscovery by the National Law Journal and New York Law Journal. With a team of seasoned legal experts and technicians, CDS uses advanced, tested, and defensible services and software to support all stages and types of eDiscovery. CDS is an Orange-Level Best-in-Service Relativity® Provider and provides one of the largest and highest volume footprints delivering that platform. CDS is headquartered in New York with regional offices in Chicago and Washington DC. The company maintains highly secure ISO 27001 certified hosting and Type 2 SOC 2 audited data centers in the US and Europe. Complete Discovery Source’s web site is http://www.cdslegal.com. About In The House Founded in 2011, In The House is an exclusive community for in-house legal professionals. With more than 26,000 individual members reaching over 90% of Fortune 500 legal departments, In The House is the fastest growing private network for in-house counsel. Today, In The House provides its members with networking opportunities, career development tools, law department best practices and the opportunity to develop strategic relationships with other in-house counsel. For more information please go to http://www.InTheHouse.org .
News Article | December 30, 2016
The fight between cybersecurity and cybercrime seems to be never ending, especially as more and more people rely on technology to manage their daily lives. By the time a solution is finally found and an issue patched, cybercriminals have found another issue to exploit, and the cycle begins again. 2016 saw the release of major technological advancements both in hardware and software but, as more and more individuals and businesses relied on technology, more hackers also chose to use their skills to victimize and exploit. Now that the year is closing, experts are weighing in on which forms of cybercrime were committed the most. Ajay Kumar breaks them down into three categories: Ransomware, IoT hacking, and lawful hacking. Ransomware is a cybercrime wherein hackers take over an information system, lock out the rightful owners then demand a certain sum for it to be released. It is like digital kidnapping, only with information instead of people. "We've begun noticing that ransomware has been focusing on small and medium businesses for the past year, as they're more likely to pay larger ransomware fees than the average user," Bitdefender senior e-threat analyst Liviu Arsene said. One such instance is the attack on the Hollywood Presbyterian Medical Center in Los Angeles, California wherein the hospital experienced network access and electronic communication issues. Not only that, the hackers encrypted many files in the hospital's system forcing employees record everything manually-with pen and paper-until the hospital gave in and paid the $17,00 ransom the hackers demanded to free its own system. Crypto-ransomware-the malicious program that allows hackers to encrypt files-also saw a rise in 2016. Most readers would probably be familiar with the concept of the IoT but, for those who are not up to speed, the IoT is basically how electronic and digital devices are all interconnected. This is much like how a mobile phone can communicate with a garage door or a home security camera. Since many, if not most, devices are connected to each other now, the effects of hacking has become more massive, just like how the attack on Internet Service Provider (ISP), Dyn, created huge problems for its users and the companies that rely on it to keep their information secure. A threat to the IoT can also mean scary times ahead for individuals whose lives rely on electronic and digital devices. Just imagine a hack that could endanger the lives of people aboard an autonomous car or a secure building unless ransom is paid or the hacker is content. "[We] have been shown just how vulnerable the internet, which is now an integral part of the critical infrastructure of the US and many other countries, is to disruptive abuse conducted at scale [...] Until this vulnerability is addressed, it will cast a serious shadow over the future of connected technology, a future in which much hope and massive resources have already been invested." Stephen Cobb from the ESET Security Company said of the Dyn attack. Notice the term "lawful" in this cybercrime and think back to the time the Federal Bureau of Investigation (FBI) were practically demanding Apple to give the bureau a way to access information on the iPhone after the San Bernardino shooting happened. Businesses, citizens and the government were split on the issue because, while it may help some put some cases to rest, there is really no certainty that the government would stop at one case and Apple rejected the FBI's demand for a backdoor. In the end, the FBI paid professional hackers to unlock the shooter's iPhone and access the encrypted data. Hopefully cybersecurity experts will be two steps ahead in 2017. © 2017 Tech Times, All rights reserved. Do not reproduce without permission.
News Article | March 1, 2017
KANSAS CITY, Kan. (Reuters) - The deadly shooting of an Indian engineer and wounding of his co-worker last Wednesday at a bar in Kansas is being investigated as a hate crime, the Federal Bureau of Investigation said on Tuesday. Srinivas Kuchibhotla, who was killed, and Alok Madasani, both 32, worked as engineers at U.S. company Garmin, which makes navigational devices. They were at Austins Bar and Grill in Olathe, a Kansas City suburb, when the shootings occurred. Another man, Ian Grillot, was wounded when he chased after the accused gunman, U.S. Navy veteran Adam Purinton, 51, who has been charged in the shootings. Purinton's attorney, Michael McCulloch, could not be reached for comment. "Based upon the initial investigative activity, the FBI, in conjunction with the U.S. Attorney's Office and the Department of Justice Civil Rights Division, is investigating this incident as a hate crime," the FBI said in a statement. The agency said it would work with the Olathe Police Department and state and local partners regarding the investigation. The Kansas City Star newspaper reported that at least one bystander said Purinton shouted "Get out of my country" before opening fire. The shooting received international attention and in India some suggested on social media that a climate of intolerance in the United States had been fueled by President Donald Trump's statements on immigration. White House spokesman Sean Spicer said on Friday that it was absurd to link the killing to Trump's "America First" stance. On Tuesday, the White House said it was looking more like the shooting was based on race. "As more facts come to light and it begins to look like this was an act of racially motivated hatred, we want to reiterate that the president condemns these or any other racially or religiously motivated attacks in the strongest terms," White House spokeswoman Sarah Sanders told reporters. The Indian Embassy in Washington previously expressed concern to the U.S. government over the shooting and requested a thorough investigation. Officials there could not be reached for comment on Tuesday. Purinton was arrested hours after the shooting at an Applebee's restaurant in Clinton, Missouri, about 80 miles (130 km) south of Olathe. According to a recording of a 911 call made by a bartender at the Applebee's, Purinton said he needed to hide because he had killed two Iranian men, local NBC affiliate KSHB-TV reported. On Tuesday, Grillot, 24, who is being treated at a Kansas City hospital with gunshot wounds to his hand and chest, told a news briefing that Purinton told him before the shootings that he was surprised Grillot was standing up for two foreigners. Grillot said he helped escort Purinton out of the bar about a half hour before the shooting. "He was saying, ‘You're going to stick up for them and not me?'” Grillot recalled. Grillot was later shot when he tried to pursue Purinton. Dozens of people gathered in the Indian city of Hyderabad on Tuesday for the funeral of Kuchibhotla.
Federal Bureau Of Investigation | Date: 2015-06-03
A real-time quantitative PCR assay that utilizes a duplex, synthetic DNA standard to ensure optimal quality assurance and quality control. One embodiment of the invention facilitates amplification of mtDNA by focusing on a 105-base pair target sequence that is minimally homologous to non-human mtDNA. The present invention can also be used to identify the presence of PCR inhibitors and thus indicate the need for sample repurification.