News Article | April 20, 2017
The controversial Fox News host Bill O’Reilly has been dropped from the network after allegations of inappropriate behaviour and sexual harassment, in a development that could have significant implications for the Murdoch empire on both sides of the Atlantic. Ofcom, the British media regulator, is considering whether 21st Century Fox, the parent company of Fox News, is a “fit and proper” owner of pay-TV broadcaster Sky. Campaigners say the allegations against O’Reilly should alarm the watchdog, which can recommend that the government blocks 21st Century Fox’s £11.7bn bid for the 61% of Sky that it does not already own. Rupert Murdoch and his son Lachlan are the joint executive chairs of 21st Century Fox while James Murdoch, Rupert’s other son, is chief executive. Maggie Chao at campaign group 38 Degrees, which opposes the Sky deal, said: “There’s a mountain of evidence that the Murdochs are not fit or proper to own Sky. The recent allegations of sexual harassment at Fox News in the US are just another reason to doubt whether the Murdochs can be trusted to control even more of the UK’s media. “Hundreds of thousands of people in the UK already don’t think they should be trusted. If Ofcom’s alarm bells weren’t ringing already, they certainly should be now.” O’Reilly had been an anchor on Fox News since 1996 and was the most-watched host on cable television in the US. However, the New York Times revealed earlier this month that O’Reilly and 21st Century Fox, the parent company of Fox News, have paid out about $13m (£10.1m) to settle allegations from five women about inappropriate behaviour and sexual harassment. More women have subsequently come forward with allegations against O’Reilly. The scandal has led to dozens of companies pulling adverts from Fox News and protesters targeting the Fox News headquarters. It has also triggered an internal investigation conducted by the same New York law firm that looked into sexual harassment allegations that ultimately forced out Roger Ailes, the founding chair of Fox News, last year. Lisa Bloom, an attorney who is representing women who have made allegations against O’Reilly, has made a direct link between the scandal and 21st Century Fox’s bid for Sky by writing to Ofcom to protest about the deal. In the letter Bloom accused Fox News of having an “utter disregard for the rights of women” and creating a “toxic culture”. She added: “Fox’s failure to intervene to protect the rights of its female journalists, its secret payouts, and use of intimidation tactics are reminiscent of Rupert Murdoch’s tabloid phone-hacking scandal in 2011, when it emerged that News of the World reporters had hacked the voicemail of murdered schoolgirl Milly Dowler. “The similarities between the current harassment scandal and the phone-hacking scandal reveal the company’s approach to business and management – a lack of oversight, intervention, and decency.” Tom Watson, the deputy Labour party leader and the shadow culture, media, and sport secretary, urged Ofcom to consider the O’Reilly scandal as part of its investigation into whether 21st Century Fox is a fit and proper owner of Sky. “The conduct of senior executives at Fox and their consistent failure to meet corporate governance standards in the recent past has a direct bearing on whether it is a suitable owner of one of the UK’s most powerful broadcasters,” he said. Karen Bradley, the culture, media and sport secretary, has indicated that she expects Ofcom to look into the corporate governance of the Murdochs’ companies. In a letter to 21st Century Fox and Sky last month Bradley’s department said she wanted Ofcom to look at whether the “culture or corporate governance” at 21st Century Fox explained why the services it operated, such as Fox News, had proportionately breached the broadcasting code more than Sky. The letter also referred to the “huge failings of corporate governance at the News of the World and its parent, News Corporation” during the phone hacking scandal. Ofcom is scheduled to make a decision before 16 May. The Murdochs’ previous bid for Sky was scrapped in 2011 when the phone hacking scandal was at its peak. Since then, the family has restructured its empire. The publishing businesses, including the Sun, the Times and the Sunday Times in the UK, were spun into a company called News Corp while the entertainment arm, including Fox News and the film studios, was spun into 21st Century Fox. However, Rupert and Lachlan Murdoch remain co-chairs of both businesses, while James Murdoch is on the board of News Corp as well as being the 21st Century Fox chair. The decision by 21st Century Fox to force out O’Reilly could appease Ofcom and critics of the Sky deal. In the past Rupert Murdoch has stood by high-profile employees when they have faced heavy public criticism, including Rebekah Brooks, who was appointed chief executive of News UK, the UK arm of News Corp, after being found not guilty of phone-hacking charges, and Kelvin MacKenzie, the controversial former editor of the Sun. MacKenzie was suspended as a columnist by the Sun last week after comparing the Everton footballer Ross Barkley, whose grandfather is Nigerian, to a gorilla and writing that the only other men in Liverpool who are paid £60,000 a week are drug dealers. MacKenzie was already a contentious figure in Liverpool because of the Sun’s coverage of the Hillsborough disaster while he was editor. In a statement about the proposed Sky deal, 21st Century Fox said it “takes its regulatory and compliance obligations very seriously”. It added: “We have a strong record of compliance in all our markets, including in the UK. “We are confident that our proposed transaction to acquire the outstanding shares of Sky that we don’t already own will be approved following a thorough review by regulators.”
News Article | April 18, 2017
The Hillsborough Gallery of Arts continues its Featured Artist series this year with new works by Ellie Reinhold, Jason Smith, and Evelyn Ward: a painter, a sculptor, and a potter play side by side.
News Article | May 1, 2017
James J. Przyborowski’s new book WARNING! Get Ready Christians ($43.99, paperback, 9781498473323; $9.99, eBook, 9781498473330) warns that many American Christians have been taught that they will be secretly “raptured” or “snatched-up” to heaven before the Great Tribulation begins. Przyborowski believe that this teaching is incorrect, and that the Rapture will take place after the Great Tribulation. The Great Tribulation will no doubt include persecution of Christians, even in the United States. Therefore, American Christians are in danger of not being prepared for the coming Tribulation and need to learn what the Bible says about it. This book has been nearly 40 years in the making and the author believes he was directed by God and led by the Holy Spirit to write it. In view of world events, its message is more important now than ever before. Przyborowski says, “Christians who read this book will be better prepared in Christ’s words, to ‘endure to the end’. Those who read this book will be more likely to realize that Christ’s return will be significantly delayed, and therefore they will not give up hope of Christ’s return perhaps only months, weeks or days before He actually comes. Christians will be less likely to ‘fall away and betray one another’ when the Great Tribulation begins, and they will be better prepared to face martyrdom if necessary, rather than abandon their faith in the face of evil.” James J. (“Jim”) Przyborowski is a retired Plant and Facilities Engineer with two college degrees. He has been a born-again, evangelical Christian for over 40 years. He has attended churches of many denominations. Jim was heavily involved in the Neshanic Reformed Church of Hillsborough, NJ. He was a Sunday school teacher, a Consistory member, and the Vice President of the Consistory. His passion has been prophecy and the Second Coming of Christ. This book has been over 30 years in the making, and his hope is that it will raise the awareness of Christians about what lies in store for us, and that they will be ready for the Great Tribulation. Xulon Press, a division of Salem Media Group, is the world’s largest Christian self-publisher, with more than 12,000 titles published to date. Retailers may order WARNING! Get Ready Christians through Ingram Book Company and/or Spring Arbor Book Distributors. The book is available online through xulonpress.com/bookstore, amazon.com, and barnesandnoble.com.
News Article | April 23, 2017
Finding the right attorney for you and your needs is a challenge in todays world where it seems there is an attorney on every corner. This is why it is so important for an attorney to have an up to date and vibrant website. Here is where potential clients can find out about the attorney as a person, a professional, and a member of the community. Palm Beach Gardens, FL, April 23, 2017 --( User friendly design Easy navigation Breaking news and articles Radio talk show interview Tons of family law information Testimonies Full schedule and contact information To give an example of what can be found on Attorney Gisondo’s family law website, his mission statement is, “We are a guiding light through even the darkest of situations which result in solutions. I provide clients going through a tough time with a light at the end of a tunnel. I counsel clients about good decision making in both their emotional and financial futures.” In addition to a most informative website, Attorney Gisondo also offers a free, in-office, initial consultation where you can get to know him personally and ask the questions you need answers for regarding your individual situation. He is available Monday through Friday from 9:00 am to 5:00 pm and Saturdays for new clients from 8:30 am to 1:00 pm. Call his office at (561) 530-4568 to make an appointment. And be sure to view Attorney Gisondo’s new family law website at http://gisondolaw.com. Palm Beach Gardens, FL, April 23, 2017 --( PR.com )-- Attorney Grant J. Gisondo, who practices Family Law in Palm Beach Gardens, Florida and serves Palm Beach, Martin, St. Lucie, Miami-Dade, Broward, Orange, and Hillsborough counties as well as Washington, DC, has recently launched a new family law website to promote his areas of practice and provide a mission statement, profile, and testimonies from clients and some of his peers. You can learn about his or her areas of practice, how many years they have been in practice, and where they received their training. Most attorneys also provide a mission statement for their practice which can be found on their website. The changes he has made to his website for the benefit of potential clients include:User friendly designEasy navigationBreaking news and articlesRadio talk show interviewTons of family law informationTestimoniesFull schedule and contact informationTo give an example of what can be found on Attorney Gisondo’s family law website, his mission statement is, “We are a guiding light through even the darkest of situations which result in solutions. I provide clients going through a tough time with a light at the end of a tunnel. I counsel clients about good decision making in both their emotional and financial futures.” In addition to a most informative website, Attorney Gisondo also offers a free, in-office, initial consultation where you can get to know him personally and ask the questions you need answers for regarding your individual situation. He is available Monday through Friday from 9:00 am to 5:00 pm and Saturdays for new clients from 8:30 am to 1:00 pm. Call his office at (561) 530-4568 to make an appointment. And be sure to view Attorney Gisondo’s new family law website at http://gisondolaw.com.
News Article | April 24, 2017
CRANBURY, N.J., April 24, 2017 (GLOBE NEWSWIRE) -- 1ST Constitution Bancorp (NASDAQ:FCCY), the holding company (the “Company”) for 1ST Constitution Bank (the “Bank”), today reported net income of $1.9 million and diluted earnings per share of $0.23 for the three months ended March 31, 2017. Robert F. Mangano, President and Chief Executive Officer, stated “Our first quarter of 2017 financial results reflected several important operating fundamentals. We have good momentum in our lending operations as we generated growth in our commercial business, commercial real estate and construction loan portfolio segments. Our new residential lending team contributed to a significant increase in non-interest income in the first quarter through the sale of $38 million of mortgages.” Mr. Mangano added, “We are beginning to see a positive effect of the increase in short-term interest rates through increasing yields on our variable rate commercial business, SBA, construction and consumer loans.” Net income was $1.9 million, or $0.23 per diluted share, for the first quarter of 2017 compared to $2.2 million, or $0.27 per diluted share, for the first quarter of 2016. Growth of loans and deposits generated a $139,000 increase in net interest income and higher residential lending activity produced $25 million of closed loans and $38 million of loan sales, which generated a net increase in gains on sales of loans of $686,000 and contributed to the $807,000 increase in non-interest income for the first quarter of 2017 compared to the first quarter of 2016. The combined increase in revenue was offset by a $150,000 provision for loan losses in the first quarter of 2017 compared to a $200,000 credit (negative) provision for loan losses in the first quarter of 2016 and a $1.1 million increase in non-interest expenses for the first quarter of 2017 compared to the first quarter of 2016. As a result, net income declined $273,000, or 12.3%, from $2.2 million in the first quarter of 2016 to $1.9 million in the first quarter of 2017. Net interest income was $8.6 million for the quarter ended March 31, 2017 and increased $139,000 compared to net interest income of $8.5 million for the first quarter of 2016. Total interest income was $9.9 million for the three months ended March 31, 2017 compared to $9.7 million for the three months ended March 31, 2016 and increased primarily due to a net increase of $31.8 million in average loans, reflecting growth primarily of commercial real estate and construction loans, which was partially offset by declines in the average balances of mortgage warehouse and commercial business loans. Average interest-earning assets were $941.8 million with a yield of 4.38% for the first quarter of 2017 compared to $895.5 million with a yield of 4.46% for the first quarter of 2016. The lower yield on average interest-earning assets for the first quarter of 2017 reflected primarily the lower yield earned on commercial real estate loans and investments. The yield on commercial real estate loans and investments declined due to the continued low interest rate environment as new commercial real estate loans were originated and investment securities were purchased at yields lower than the average yield on commercial real estate loans and investments, respectively, in the prior year period. The 75 basis point increase in the Federal Reserve’s targeted federal funds rate and the corresponding increase in the prime rate since December of 2015 have had a positive effect on the yields of construction, commercial business, SBA, home equity and other loans with variable interest rate terms in the first quarter of 2017. Interest expense on average interest bearing-liabilities was $1.3 million, with an interest cost of 0.73%, for the first quarter of 2017 compared to $1.2 million, with an interest cost of 0.69%, for the first quarter of 2016. The $104,000 increase in interest expense on interest-bearing liabilities for the first quarter of 2017 reflected primarily higher short-term market interest rates in the first quarter of 2017 compared to the first quarter of 2016. The net interest margin declined to 3.83% for the first quarter of 2017 compared to 3.92% for the first quarter of 2016 due primarily to the lower yield on average interest-earning assets and the higher cost of average interest-bearing liabilities. The Company recorded a provision for loan losses of $150,000 for the first quarter of 2017 compared to a negative (credit) provision for loan losses of $200,000 for the first quarter of 2016. A provision for loan losses of $150,000 was recorded for the first quarter of 2017 due primarily to the increase in loans. At March 31, 2017, total loans were $676.4 million and the allowance for loan losses was $7.6 million, or 1.12% of total loans, compared to total loans of $659.0 million and an allowance for loan losses of $7.3 million, or 1.11% of total loans, at March 31, 2016. Management believes that the current economic and operating conditions are generally positive, which also were considered in management's evaluation of the adequacy of the allowance for loan losses. Non-interest income was $2.4 million for the first quarter of 2017, an increase of $807,000, compared to $1.6 million for the first quarter of 2016. This increase was due primarily to an increase of $686,000 in gains on sales of loans and an increase of $178,000 in other income in the first quarter of 2017 compared to the first quarter of 2016. In the first quarter of 2017, $3.9 million of SBA loans were sold and gains of $335,000 were recorded compared to $5.3 million of SBA loans sold and gains of $482,000 recorded in the first quarter of 2016. SBA guaranteed commercial lending activity and loan sales vary from period to period. In the first quarter of 2017, $38.4 million of residential mortgages were sold and $1.2 million of gains were recorded compared to $24.0 million of residential mortgage loans sold and $421,000 of gains recorded in the first quarter of 2016. The increase in residential mortgage loans closed and sold was due primarily to higher residential mortgage lending activity as the result of a new residential mortgage lending team joining the Bank in August 2016. The increase in other income was due primarily to the sale of $2.1 million of investment securities, which generated a gain of $106,000 for the first quarter of 2017. There were no sales of investment securities in the first quarter of 2016. Other income also included a $40,000 fee related to a loan participation with another bank. Service charge income decreased $43,000 to $154,000 for the first quarter of 2017 from $197,000 for the first quarter of 2016 due primarily to lower fees for insufficient funds. Non-interest expenses were $8.1 million for the first quarter of 2017, an increase of $1.1 million, or 15.1%, compared to $7.0 million for the first quarter of 2016. Salaries and employee benefits expense increased $607,000, or 14.1%, in 2017 due primarily to an increase of $221,000 in commissions paid to residential loan officers, $334,000 of salaries for additional commercial loan, business development and residential mortgage personnel, merit increases and increases in employee benefits expenses. Full time equivalent employees (“FTE”) increased by 21 to 194 FTE in the first quarter of 2017 from 173 FTE in the first quarter of 2016. Commission expense increased due to the higher volume of residential mortgages originated and sold in the first quarter of 2017 compared to the first quarter of 2016. Occupancy costs increased $47,000, or 5.4%, due primarily to the occupancy costs of four residential mortgage loan offices added in the third quarter of 2016. Data processing expenses of $318,000 were relatively unchanged for the first quarter of 2017 compared to $313,000 for the first quarter of 2016. FDIC insurance expense declined $38,000, or 32.2%, due to a lower assessment rate that reflected the Bank’s improvement in asset quality and financial performance and lower assessment rates for community banks. OREO expense declined due to the lower level of OREO assets in the first quarter of 2017. Other operating expenses increased $469,000 due primarily to a decrease of $334,000 in deferred loan origination costs compared to the first quarter of 2016. In the first quarter of 2017, management implemented a refined methodology utilized to estimate loan origination costs, which, in combination with a lower level of loan origination activity, resulted in a lower amount of deferred costs. The implementation of the refined methodology is not projected to have a significant impact in subsequent periods. Increases of $87,000 in consulting expense and $39,000 in internal and external professional audit fees also contributed to the increase in other operating expenses for the first quarter of 2017 compared to the first quarter of 2016. Income tax expense was $852,000 for the first quarter of 2017, resulting in an effective tax rate of 30.4% compared to income tax expense of $1.0 million, which resulted in an effective tax rate of 32.0% for the first quarter of 2016. Income tax expense decreased primarily due to the decrease in pre-tax income. The effective tax rate decreased due to the higher percentage of the net amount of tax-exempt interest income and income on Bank-owned life insurance as compared to pre-tax income. At March 31, 2017, the allowance for loan losses was $7.6 million compared to $7.5 million at December 31, 2016. As a percentage of total loans, the allowance was 1.12% at March 31, 2017 compared to 1.03% at December 31, 2016. The increase in the allowance for loan losses as a percentage of loans was due primarily to a $414,000 increase in the specific reserve component of the allowance for loan losses at March 31, 2017 compared to December 31, 2016. Total assets decreased $28.3 million to $1.01 billion at March 31, 2017 from $1.04 billion at December 31, 2016 due primarily to a $48.4 million decrease in total loans and a decrease of $11.5 million in loans held for sale, which were partially offset by an increase of $33.0 million in cash and due from banks. The reduction in assets and the $34.3 million increase in deposits resulted in a $63.1 million decrease in short-term FHLB borrowings. The $1.8 million increase in shareholders’ equity also contributed to the decrease in FHLB borrowings. Total portfolio loans at March 31, 2017 were $676.4 million compared to $724.8 million at December 31, 2016. The decrease in loans was due primarily to a decrease of $73.6 million in mortgage warehouse loans, which was partially offset by a $16.0 million increase in commercial real estate loans, an $11.7 million increase in construction loans and a $1.5 million increase in commercial business loans. The decline in mortgage warehouse loans reflects the seasonal nature of residential lending in the Bank’s markets, with generally lower home purchase activity during the winter months as compared to other periods during the year. Higher mortgage interest rates in the later part of the fourth quarter of 2016 and the first quarter of 2017 also reduced the volume of residential mortgage loan refinancing activity compared to the first quarter of 2016. Total deposits at March 31, 2017 were $868.8 million compared to $834.5 million at December 31, 2016, primarily reflecting the growth in core deposits. Interest-bearing demand deposits increased $28.0 million, non interest-bearing demand deposits increased $13.4 million and savings deposits increased $4.9 million, which were partially offset by a decrease of $12.0 million in time deposits. Regulatory capital ratios for the Company and the Bank continue to reflect a strong capital position. Under current regulatory capital standards, the Company’s common equity Tier 1 to risk based assets (“CET1”), total risk-based capital, Tier I capital, and leverage ratios were 10.81%, 13.73%, 12.87% and 11.46%, respectively, at March 31, 2017. The Bank’s CET1, total risk-based capital, Tier 1 capital and leverage ratios were 12.58%, 13.44%, 12.58% and 11.20%, respectively, at March 31, 2017. The Company and the Bank are considered “well capitalized” under these capital standards. Non-accrual loans were $7.4 million at March 31, 2017 compared to $5.2 million at December 31, 2016. During the first quarter of 2017, $1.8 million of non-performing loans were resolved, including a residential mortgage that was foreclosed and transferred to OREO, which resulted in a charge-off of $101,000, and $4.0 million of loans were placed on non-accrual. In the first quarter of 2017, the Bank was notified that a shared national credit syndicated loan in which it was a participant in a $4.3 million facility had further deteriorated. As of the date of notification, the Bank downgraded the loan, which had a balance of $4.0 million, and placed it on non-accrual. Net loan charge-offs were $94,000 for the first quarter of 2017. The allowance for loan losses was 102% of non-performing loans at March 31, 2017 compared to 144% of non-performing loans at December 31, 2016. Overall, management observed generally stable trends in loan quality, with non-performing loans to total loans of 1.1% and non-performing assets to total assets of 0.78% at March 31, 2017 compared to non-performing loans to total loans of 0.72% and non-performing assets to total assets of 0.52% at December 31, 2016. OREO at March 31, 2017 increased to $431,000 from $166,000 at December 31, 2016 due to the foreclosure of one residential property in the first quarter of 2017. 1ST Constitution Bancorp, through its primary subsidiary, 1ST Constitution Bank, operates 18 branch banking offices in Cranbury (2), Fort Lee, Hamilton, Hightstown, Hillsborough, Hopewell, Jamesburg, Lawrenceville, Perth Amboy, Plainsboro, Rocky Hill, Princeton, Rumson, Fair Haven, Shrewsbury, Little Silver and Asbury Park, New Jersey. 1ST Constitution Bancorp is traded on the Nasdaq Global Market under the trading symbol “FCCY” and can be accessed through the Internet at www.1STCONSTITUTION.com The foregoing contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are not historical facts and include expressions about management’s confidence and strategies and management’s expectations about new and existing programs and products, relationships, opportunities, taxation, technology and market conditions. These statements may be identified by such forward-looking terminology as “expect,” “look,” “believe,” “anticipate,” “may,” “will,” or similar statements or variations of such terms. Actual results may differ materially from such forward-looking statements. Factors that may cause results to differ materially from such forward-looking statements include, but are not limited to, changes in the direction of the economy in New Jersey, the direction of interest rates, effective income tax rates, loan prepayment assumptions, continued levels of loan quality and origination volume, continued relationships with major customers including sources for loans, a higher level of net loan charge-offs and delinquencies than anticipated, bank regulatory rules, regulations or policies that restrict or direct certain actions, the adoption, interpretation and implementation of new or pre-existing accounting pronouncements, a change in legal and regulatory barriers including issues related to compliance with anti-money laundering and bank secrecy act laws, as well as the effects of general economic conditions and legal and regulatory barriers and structure. 1ST Constitution Bancorp assumes no obligation for updating any such forward-looking statements at any time, except as required by law.
News Article | May 3, 2017
An adjunct professor at the Tampa satellite location of Cooley Law School, Victoria Cruz-Garcia was one of two coaches for the students participating in this year’s competition, which hosted law students from around the country for 3 days in April. The competition focused on emerging issues at the intersection of gaming law and regulation and allowed the students to hone their appellate advocacy skills before prominent jurists and gaming practitioners in the gaming capital of the world. “The opportunity to guide my students through the litigation of a realistic trial was inspiring,” said Cruz-Garcia, a family law attorney at Givens Givens Sparks. “The students worked really hard to apply their knowledge and training and compete with their peers in a setting that was as close to a real-life courtroom as they have witnessed at this point in their pre-professional lives.” Cruz-Garcia represents clients in all facets of family law matters including divorce, child custody, alimony and support actions, as well as enforcement matters. A Stetson College of Law graduate and Rutgers University undergrad, she was the recipient of the ‘2015 Luis Cabassa Award’ by the THBA, was named to the Rising Stars℠ list by "Super Lawyers®" in 2012, 2013 and 2014, and was awarded the Tampa Hispanic Heritage Trailblazer Award in Education in 2014, and the WMU Cooley Law School ‘Great Deeds’ award in 2013. Cruz-Garcia is currently an adjunct professor at WMU Cooley Law School where she teaches courses on ‘Family Violence and Florida Juvenile Dependency and Delinquency.’ She is also the co-chair of the Awards Committee for the Hillsborough Association for Women Lawyers and was appointed to the Florida Bar Association Diversity & Inclusion Committee as well as the Judicial Nominating Procedures Committee. Givens Givens Sparks is a trial law firm representing individuals and their families in state and federal cases ranging from complex high net-worth divorce cases and personal injury/wrongful death actions, to commercial insurance litigation. With more than 135 years of combined professional experience, the Givens Givens Sparks team of lawyers is dedicated to the advocacy and protection of their clients and their families. To learn more about Givens Givens Sparks, please visit: http://www.givenssparks.com. Click on links for access to photos. Photo #1: Professors Victoria Cruz-Garcia and Barbara Kalinowski with their moot court law student team of (Thomas Yi, Jennifer Diaz, Cynthia Pritchett, Jill Albury and Timothy Siatta). Photo #2: Victoria Cruz-Garcia (right) with her moot court law student team (Thomas Yi, Jennifer Diaz and Jill Albury).
News Article | April 17, 2017
MONTRÉAL, QUÉBEC--(Marketwired - 12 avril 2017) - Minière Osisko inc. (TSX:OSK)(« Osisko » ou la « Société ») a le plaisir d'annoncer de nouveaux résultats issus du programme de forage en cours sur son projet aurifère Garrison, détenu à 100 % par la Société et situé dans le canton de Garrison en Ontario. Le programme de forage de 35 000 mètres en cours à Garrison a pour but de poursuivre la vérification des zones aurifères connues Garrcon, Jonpol et 903. Le présent communiqué porte sur les résultats d'analyse significatifs issus de huit nouveaux sondages, qui sont présentés plus en détail dans le tableau ci-dessous. Les nouveaux résultats comprennent des teneurs de 45,0 g/t Au sur 2,4 mètres, 7,66 g/t Au sur 2,8 mètres, et 6,44 g/t Au sur 2,0 mètres dans le sondage OSK-G17-346; 2,76 g/t Au sur 5,6 mètres et 1,69 g/t Au sur 14,5 mètres dans le sondage OSK-G17-341. Les nouveaux résultats démontrent le potentiel d'augmenter l'étendue de minéralisation connue dans la zone 903 et en dessous de la zone Garrcon vers l'ouest. Le programme de forage 2017, présentement en cours, permettra de suivre les extensions des zones minéralisées Garrcon, Jonpol et 903. Des cartes et des sections montrant l'emplacement des sondages et les résultats d'analyse complets sont disponibles à l'adresse : www.miniereosisko.com. Remarque : L'épaisseur réelle est estimée à 65-80 % des longueurs présentées dans l'axe de forage. Voir la section « Contrôle de la qualité » ci-dessous. OSK-G17-339 ciblait la section centrale de la zone 903, mais n'a pas atteint la profondeur visée. Le sondage a recoupé les roches sédimentaires de la zone 903 Sud, y compris 1,59 g/t Au sur 10,0 mètres, prolongeant la zone la plus au sud de 100 mètres vers l'est par rapport au forage antérieur. Les roches sédimentaires de la zone 903 Sud correspondent à une section de 10 à 15 mètres de large de roches sédimentaires de type Timiskaming intensément séricitisées, avec des veines de quartz contenant jusqu'à 5 % de pyrite à grain très fin, section qui se trouve à 100 mètres au sud de la syénite principale de la zone 903. OSK-G17-341 et OSK-G17-344 sont des sondages peu profonds qui ciblaient la syénite principale de la zone 903, plus précisément l'extension en amont-pendage de l'intervalle de OSK-G17-326. Les deux sondages sont à 50 mètres à l'ouest des intervalles précédents et ont titré 2,8 g/t Au sur 5,6 mètres et 1,7 g/t Au sur 14,5 mètres. Les zones minéralisées sont comprises dans une syénite porphyrique et sont associées à une pyrite grossière et à une hématisation. OSK-G17-346 a été foré à l'ouest de la zone Garrcon, à 75 mètres sous le sondage OSK-G16-312 (résultats publiés antérieurement), lequel avait recoupé une minéralisation le long du contact sud de la formation de fer, en dessous et à l'ouest du secteur des ressources de Garrcon. Le nouveau sondage a recoupé plusieurs zones de minéralisation dans des roches sédimentaires de type Timiskaming modérément séricitisées, silicifiées, montrant un remplissage des fractures par du quartz et comprenant des quantités mineures de pyrite et de l'or visible localement. Ces zones ont titré 45,0 g/t Au sur 2,4 mètres, 7,66 g/t Au sur 2,8 mètres et 6,44 g/t Au sur 2,0 mètres. Le contenu scientifique et technique du présent communiqué a été révisé, préparé et approuvé par M. Greg Matheson, P.Geo., chef de projet pour le projet aurifère Garrison et personne qualifiée en vertu du Règlement 43-101 sur l'information concernant les projets miniers (le « Règlement 43-101 »). L'épaisseur réelle des nouvelles intersections d'exploration publiées dans le présent communiqué n'a pas encore été établie. D'autres travaux de forage sont planifiés dans le secteur immédiat et devraient permettre de déterminer l'épaisseur réelle. Les résultats d'analyse n'ont pas été coupés, sauf indication contraire, et les intervalles calculés sont présentés sur une longueur d'au moins 2 mètres selon un seuil de coupure de 3 g/t Au. Tous les résultats d'analyse de carottes de forage de calibre HQ ont été obtenus soit par pyroanalyse avec tamisage métallique de la roche totale ou par pyroanalyse standard avec fini par absorption atomique sur des fractions de 30 grammes aux laboratoires de SGS Minerals Services à Cochrane (Ontario). La méthode d'analyse par tamisage métallique de la roche totale est privilégiée par le géologue lorsque l'échantillon contient de l'or grossier ou pour tout échantillon analysé par pyroanalyse qui présente une teneur supérieure à 4 g/t. La conception du programme de forage, le programme d'assurance-qualité/contrôle de la qualité et l'interprétation des résultats sont effectués par des personnes qualifiées appliquant un programme d'assurance-qualité/contrôle de la qualité conforme au Règlement 43-101 et aux meilleures pratiques de l'industrie. Des échantillons de référence et des blancs sont insérés à tous les 20 échantillons dans le cadre du programme d'assurance-qualité/contrôle de la qualité par la Société et par le laboratoire. Environ 5 % des pulpes d'échantillons sont expédiés à d'autres laboratoires pour des analyses de vérification. Le projet Garrison est constitué de 214 claims miniers, 25 baux miniers et 87 claims conférés par lettres patentes, couvrant une superficie totale d'environ 8 000 hectares. Des estimations de ressources pour les deux zones, Garrcon et Jonpol, sont décrites dans un rapport technique préparé conformément au Règlement 43-101 par un détenteur antérieur, Northern Gold Mining Inc. (intitulé « Technical Report on the Golden Bear Project - Garrison Property: Larder Lake Mining Division - Garrison Township, Ontario, Canada ») daté du 30 décembre 2013 avec une date d'effet au 30 décembre 2013 (le « rapport technique Garrison »). Le rapport technique Garrison a été préparé par A.C.A. Howe International Limited pour Northern Gold Mining Inc. (une filiale à part entière d'Osisko) et est disponible sur le site web d'Osisko à l'adresse www.miniereosisko.com et sur SEDAR sous le profil de l'émetteur de Northern Gold Mining Inc. à l'adresse www.sedar.com. Les estimations de ressources ont été effectuées par A.C.A. Howe International Limited conformément aux normes de l'ICM. Les estimations pour la zone Garrcon font état de 15,1 millions de tonnes à une teneur moyenne de 1,07 g/t Au (521 000 oz) en ressources mesurées, 14,1 millions de tonnes à une teneur moyenne de 1,16 g/t Au (526 000 oz) en ressources indiquées, et 1,7 million de tonnes à une teneur moyenne de 0,72 g/t Au (39 000 oz) en ressources présumées. Des ressources souterraines potentielles de 5,1 millions de tonnes à une teneur moyenne de 3,49 g/t Au (577 000 oz) dans la catégorie présumée ont aussi été définies. Les ressources ont été présentées selon un seuil de coupure de 0,4 g/t Au pour le matériel exploitable par fosse et de 1,5 g/t pour le matériel exploitable par des méthodes en vrac souterraines, en tenant compte d'un prix de l'or à 1 250 $ US/oz. À la zone Jonpol, les ressources ont été estimées à 0,87 million de tonnes à une teneur moyenne de 5,34 g/t Au (150 000 oz) dans la catégorie indiquée, et 1,07 million de tonnes à une teneur moyenne de 5,56 g/t Au (192 000 oz) en ressources présumées. Les ressources ont été présentées selon un seuil de coupure de 3,0 g/t Au en supposant un scénario d'extraction souterraine et en tenant compte d'un prix de l'or à 1 250 $ US/oz. Le lecteur est mis en garde que les ressources présumées comportent une grande part d'incertitude quant à leur existence et à savoir si elles pourront être exploitées économiquement. L'on ne doit pas supposer que des ressources présumées seront éventuellement converties, en tout ou en partie, à une catégorie supérieure. Les ressources minérales ne sont pas des réserves minérales puisque leur viabilité économique n'a pas été démontrée. La zone Garrcon plonge faiblement vers l'est, dans l'éponte inférieure de la zone de faille de Porcupine-Destor; la majeure partie des ressources se trouve dans la partie ouest de la zone, où les données de forage sont plus denses. La zone minéralisée est exposée en surface et pourrait potentiellement être exploitée dans une fosse à ciel ouvert; le ratio de découverture global est estimé à 1,8:1. Il existe un potentiel additionnel pour des ressources souterraines sous la fosse et dans l'axe de plongée vers l'est de la zone, qui demeure ouverte à l'exploration latéralement et dans l'axe de pendage. Le puits Garrcon a été foncé en 1935 et 1936 par la société Consolidated Mining and Smelting Co. of Canada (« Cominco ») et les zones Shaft et Sud ont été vérifiées pour la présence de minéralisation à haute teneur en or. Cominco a excavé environ 1 430 mètres de galeries et de travers-bancs pour exploiter des filons souterrains. Des travaux de forage au diamant réalisés par Cominco et Minerais Lac Ltée vers le milieu et la fin des années 1980 ont permis d'identifier de la minéralisation à basse teneur sur de vastes étendues. En 2006-2007, ValGold Resources Ltd a réalisé un nouveau programme de forage en vue de confirmer la présence de ces zones. De 2009 à 2013, Northern Gold Mining Inc. a complété 97 000 mètres de forage au diamant, ce qui a permis de délimiter les ressources actuelles. En 2014, Northern Gold Mining Inc. a obtenu un permis d'exploitation minière provisoire lui permettant d'extraire jusqu'à 150 000 tonnes. Northern Gold Mining Inc. a extrait 73 534 tonnes sèches qui ont été traitées à l'usine Holt située à proximité, où 3 516,3 oz d'or ont été récupérées à partir d'un matériel d'alimentation à 1,55 g/t, pour un taux de récupération de 95,9 %. Le permis d'exploitation provisoire est toujours valide. La zone Jonpol est situé le long de la zone de faille Munro, une faille subsidiaire orientée vers l'ouest et enracinée du côté nord de la faille de Porcupine-Destor. Encaissée dans une zone de cisaillement de quelques dizaines de mètres de large dans des volcanites mafiques altérées, la zone se compose de quatre zones minéralisées à haute teneur en or (JP, JD, RP et Est) réparties sur une distance latérale de 1,7 kilomètre. La minéralisation aurifère est encaissée dans des veines de quartz-carbonates, dans des roches mafiques et ultramafiques, et est associée à une altération intense en albite et/ou séricite avec de la minéralisation en pyrite. En 1997, un échantillon en vrac de 49 087 tonnes a été extrait dans la partie centrale de la zone JP par Hillsborough Resources Limited. Le minerai présentait une teneur moyenne de 6,7 g/t et le traitement a produit 9 476 onces Au. De 1985 à 2013, plus de 130 000 mètres de forage ont été complétés sur la propriété par les détenteurs antérieurs. Des travaux de développement ont été effectués dans la zone JP, notamment le creusage d'un puits de 184 mètres et l'excavation d'une rampe jusqu'au niveau 150 mètres, ainsi que des travaux d'abattage sur six sous-niveaux. Les infrastructures au site Jonpol ont fait l'objet de travaux de réhabilitation vers la fin des années 1990 et le site a été fermé en 2001, mais la rampe et le puits ont été préservés. Osisko est une société d'exploration minière axée sur l'acquisition, l'exploration et la mise en valeur de propriétés de ressources de métaux précieux au Canada. Osisko détient 100 % du gîte aurifère à haute teneur du Lac Windfall, situé entre les villes de Val-d'Or et Chibougamau au Québec, ainsi qu'une participation indivise de 100 % dans un important groupe de claims dans le secteur avoisinant d'Urban-Barry (82 400 hectares), en plus d'une participation de 100 % dans le projet Marban, situé au cœur du prolifique district minier aurifère de l'Abitibi au Québec. Osisko détient aussi des propriétés dans le district minier de Larder Lake, dans le nord-est de l'Ontario, qui couvrent notamment les zones Garrcon et Jonpol sur la propriété Garrison, l'ancienne mine Buffonta et la propriété minière Gold Pike. La Société détient aussi des participations et des options visant plusieurs autres propriétés dans le nord de l'Ontario. Osisko demeure bien financée puisqu'elle dispose d'environ 190 millions de dollars en trésorerie et en placements en actions. Le présent communiqué contient des « renseignements prospectifs » au sens attribué à ce terme par les lois canadiennes applicables sur les valeurs mobilières, qui sont basés sur les attentes, les estimations, les projections et les interprétations en date du présent communiqué. Les renseignements dans le présent communiqué portant sur le programme de forage en cours sur le projet aurifère Garrison; les résultats du programme de forage actuel de 35 000 mètres; l'importance des nouveaux résultats de forage présentés dans ce communiqué; la possibilité que les nouveaux résultats de forage puissent démontrer le potentiel d'expansion des zones minéralisées déjà définies sur le projet Garrison, soit les zones Garrcon, Jonpol et 903; l'envergure du programme de forage 2017; le fait que le programme de forage 2017 suivra les nouvelles extensions des zones minéralisées afin de mieux définir l'envergure de la minéralisation sur le projet Garrison; la minéralisation potentielle; la capacité de mettre en valeur toute minéralisation d'une façon économique; la capacité de réaliser toute activité d'exploration proposée et les résultats de ces activités; la continuité ou l'extension de toute minéralisation; ainsi que tout autre renseignement dans les présentes qui n'est pas un fait historique, pourraient constituer des « renseignements prospectifs ». Tout énoncé qui implique des discussions à l'égard de prévisions, d'attentes, d'interprétations, d'opinions, de plans, de projections, d'objectifs, d'hypothèses, d'événements ou de rendements futurs (utilisant souvent, mais pas forcément, des expressions comme « s'attend » ou « ne s'attend pas », « est prévu », « interprété », « de l'avis de la direction », « anticipe » ou « n'anticipe pas », « planifie », « budget », « échéancier », « prévisions », « estime », « est d'avis », « a l'intention », ou des variations de ces expressions ou des énoncés indiquant que certaines actions, certains événements ou certains résultats « pourraient » ou « devraient » se produire, « se produiront » ou « seront atteints ») n'est pas un énoncé de faits historiques et pourrait constituer des renseignements prospectifs et a pour but d'identifier des renseignements prospectifs. Ces renseignements prospectifs reposent sur des hypothèses raisonnables et des estimations faites par la direction d'Osisko au moment où elles ont été formulées, mais impliquent des risques connus et inconnus, des incertitudes et d'autres facteurs qui pourraient faire en sorte que les résultats réels, le rendement ou les réalisations d'Osisko soient sensiblement différents des résultats estimés ou attendus, du rendement ou des réalisations futurs explicitement ou implicitement indiqués par de tels renseignements prospectifs. Ces facteurs comprennent notamment les risques associés à la capacité des activités d'exploration (incluant les résultats de forage) de prédire la minéralisation avec exactitude; les erreurs dans la modélisation géologique de la direction; la capacité d'Osisko de réaliser d'autres activités d'exploration incluant du forage; la participation de la Société dans des propriétés; la capacité d'obtenir les autorisations requises et de clôturer les transactions selon les modalités annoncées; les résultats des activités d'exploration; les risques liés aux activités minières; la conjoncture économique mondiale; les prix des métaux; la dilution; les risques environnementaux; et les actions communautaires et non gouvernementales. Bien que les renseignements prospectifs contenus dans le présent communiqué soient basés sur des hypothèses considérées raisonnables de l'avis de la direction au moment de leur publication, Osisko ne peut garantir aux actionnaires et aux acheteurs éventuels de titres de la Société que les résultats réels seront conformes aux renseignements prospectifs, puisqu'il pourrait y avoir d'autres facteurs qui auraient pour effet que les résultats ne soient pas tels qu'anticipés, estimés ou prévus, et ni Osisko ni aucune autre personne n'assume la responsabilité pour la précision ou le caractère exhaustif des renseignements prospectifs. Osisko n'entreprend et n'assume aucune obligation d'actualiser ou de réviser tout énoncé prospectif ou tout renseignement prospectif contenu dans les présentes en vue de refléter de nouveaux événements ou de nouvelles circonstances, sauf si requis par la loi.
News Article | April 17, 2017
TAMPA, FL--(Marketwired - Apr 11, 2017) - Enviro-Serv, Inc. ( : EVSV), the parent and publicly traded vehicle of Enviro-Serv USA Inc., a full service and fully licensed Florida pest control operation, is pleased to announce the following updates and comments. In a consistent effort to update the investment community on exciting developments with Enviro-Serv Inc., Chris Trina, Chairman and CEO of Enviro-Serv Inc., stated, "We are excited to announce to our shareholders and investors that 2016 was a record-breaking financial year. Comparative sales revenues in 2016 vs. 2015 were $193,000 vs. $107,000, an increase of 80%. Gross profits also increased from $89,000 in 2015 to $164,000 in 2016, another increase of 80%. We are very proud of our financial improvement from this past year's hard work and dedication to get us to this point." Trina went on to say, "Management is pleased to announce this exponential growth. However, we are nowhere near the position we need to be in the short term. The 2016 numbers prove that our investment in 2015 to become a franchisee of Pestmaster Services is certainly paying off, yet we haven't even touched the tip of the iceberg. Pestmaster Franchise Network is now the #1 small business Government Pest control contractor in the United States. From our HQ in Reno to each franchisee in the network, our united effort to work as diligent and skillful as possible has been the driving factor in beating out our competition for these lucrative awards." Trina ended his comments by stating, "These Government contract sales, along with strong residential and commercial growth, set us up very nicely for the 2nd quarter as we strive to continue to set financial records each quarter going forward in 2017. Quarter 1 2017 financials will be posted by the end of April as we are very eager to continue to announce updates and forthcoming results to the shareholder investment community." Enviro-Serv, Inc. (EVSV) is a Tampa based public corporation specializing in providing full service pest control management in the counties of Hillsborough and Pinellas. These pest control services are captured in our wholly owned subsidiary, Enviro-Serv USA Inc., which owns and operates the franchise Pestmaster Services-Tampa. Please visit our websites at www.evsvinc.com and www.pestmaster.com to learn more. This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely solely on such statements. The forward-looking statements in this release are made as of the date hereof and Enviro-Serv, Inc. undertakes no obligation to update such statements. NOTICE: THE CONTENT OF THIS NEWS RELEASE IS NEITHER AFFIRMED NOR APPROVED FROM PESTMASTER FRANCHISE NETWORK (PFN) AND THE OPINIONS, STATEMENTS, ESTIMATES NOR PROJECTIONS HEREIN DO NOT NECESSARILY REFLECT THOSE OF PFN BUT ONLY THAT OF ENVIRO-SERV INC. MANAGEMENT.
News Article | April 17, 2017
"I needed a way to keep my pets fed while I was away from home," said an inventor from Hillsborough, N.J. "I did not want to have to hire a sitter, so I came up with a pet feeder that makes sure that my pets receive food when it is needed." He developed the ROXY'S EASY FEEDER to provide a convenient way to keep pets well fed when the owner is away from home. The unit eliminates the need to hire a sitter to feed pets. The device ensures that pets have constant access to fresh food. This offers added peace of mind when pet owners are away from home. The accessory keeps pets happy and well nourished. Additionally, it also can be used to soothe pets in the absence of their owner. The original design was submitted to the New Jersey office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 15-NJD-1213, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com - https://www.youtube.com/user/inventhelp
News Article | April 28, 2017
New Public-Private Partnership Aims to Ease Tampa Bay School Traffic; Encourage Ridesharing Using PikMyKid Application PikMyKid, winner of the "Emerging Technology Company of the Year- 2016" awarded by Tampa Bay Technology Forum, is fast evolving as the sole parent communication platform for K-12 schools, which also simplifies school dismissal process, reduces chaos, and eases traffic in the school neighborhoods, enhancing student safety. Tampa, FL, April 28, 2017 --( The PikMyKid app works by creating a virtual geographic boundary, known as a “geofence,” around each school site that connects with the mobile application. When parent’s check-in with the app, the order of dismissal is automatically sequenced with the car line, streamlining the process. The application also provides enhanced security features for parents and guardians, such as instant push-notifications to parents and school staff when each child/student boards their bus or car for the ride home and instantly communicating any schedule changes or emergency notifications that need to be sent out by the school. Starting last month, TBARTA began meeting with each school district to present the project to transportation staff and school board members and request their support in identifying candidate schools for the pilot. Since 2015, several schools in Tampa Bay have implemented the PikMyKid program, and feedback from those schools played a large role in TBARTA facilitating the partnership. “The change in transportation has really assisted our front office and it’s been wonderful to have a ‘silent dismissal,’” said John Legg, former state senator and co-founder of Dayspring Academy Charter Schools. “We have had over 98% parent adoption within the first four weeks of launch,” said Renu Parker, a parent at Berkeley Prep School parent in Hillsborough County, "From a parent's point of view, it was revolutionary. It made a huge difference." The PikMyKid application has received acclaim across the United States as well, including in several technology publications, such as a listing by Popular Mechanics in 2015 as one of “6 Startups You Need to Know.” (http://www.popularmechanics.com/technology/startups/g1965/6-startups-one-spark-2015/?slide=6) PikMyKid founder and CEO Pat Bhava himself experienced the frustrations of the pick-up and dismissal process, and set out to make the school dismissal management smarter, safer, and cheaper in designing the software. “Waiting in the pick-up line an hour each day, I would watch school staff run around to keep the process moving,” said Bhava. “I thought, there has to be a better way that actually works for the schools and teachers while keeping the parents happy and the kids safer.” In addition to subsidizing the first-year costs of the app for schools, TBARTA is also planning to assist PikMyKid in developing features that will further reduce school traffic congestion and increase parent engagement, starting with real-time predictive traffic notifications, which will communicate with parents the optimal time to leave for drop-off and dismissal. Automated ridematching for participating parents is also planned, whereby the app would automatically identify common routes for students attending the same school, and send a push notification to parents to encourage carpooling. “Work commuters aren’t the only ones facing road congestion and lack of transit availability in our region, and school commuting is a very specific type of transportation need with far more security required in its delivery,” said Michael Case, the Principal Planner for TBARTA. “TBARTA was looking for ways to improve its school commute program, and PikMyKid was doing exactly what we identified as needed to bring it to the next level.” While it will be up to the school and/or district to continue with the program after the pilot ends, research from the University of South Florida College of Business shows it can be well worth the investment. According to the study, schools that subscribe to the system can save up to $43,000 annually in labor, transportation, and traffic management related efforts. With TBARTA fully subsidizing the first-year for select schools new to the program, the savings can be even greater. “We really want this to be a part of how we address school congestion in our region,” said Ray Chiaramonte, TBARTA Executive Director. “The effort will be data-driven, with the intention of showing the impacts to safety and efficiency for each school at the end of the pilot.” (http://tbarta.com/files/PIKMYKID-_Business_Analysis-USF_2014pdf.pdf) Since 2004, TBARTA has provided its Regional School Commute Program to schools that face transportation and related safety issues through computerized ridematching for carpooling, “walking school buses,” and “bicycle trains.” As a program funded by the FDOT District 7, the service is available free of charge to schools in Pinellas, Hillsborough, Pasco, Citrus, and Hernando Counties. Currently, there are over 2,000 parents and 66 schools participating between Pinellas and Hillsborough. Through the PikMyKid partnership, the Authority intends to bring schools from the Pasco, Citrus, and Hernando on board as well. For more information about TBARTA and the PikMyKid Partnership, contact Michael Case at (813) 282-8200 or email@example.com. For information on the PikMyKid application, contact Pat Bhava at (813 649-8028) or firstname.lastname@example.org or go to Tampa, FL, April 28, 2017 --( PR.com )-- The Tampa Bay Area Regional Transportation Authority (TBARTA) has announced a partnership with local education-technology company PikMyKid to bring their real-time mobile app dismissal management system to 20 select schools across the Tampa Bay area. Through a $115,000 grant provided by the Florida Department of Transportation (FDOT), District 7, TBARTA will be covering the full-cost of the yearly licensing fee for schools identified in Citrus, Hernando, Hillsborough, Pasco and Pinellas Counties, with the goal of reducing school traffic congestion created by pick up and drop off lines as well as improving the safety and reliability of transportation in getting students to and from school.The PikMyKid app works by creating a virtual geographic boundary, known as a “geofence,” around each school site that connects with the mobile application. When parent’s check-in with the app, the order of dismissal is automatically sequenced with the car line, streamlining the process. The application also provides enhanced security features for parents and guardians, such as instant push-notifications to parents and school staff when each child/student boards their bus or car for the ride home and instantly communicating any schedule changes or emergency notifications that need to be sent out by the school.Starting last month, TBARTA began meeting with each school district to present the project to transportation staff and school board members and request their support in identifying candidate schools for the pilot. Since 2015, several schools in Tampa Bay have implemented the PikMyKid program, and feedback from those schools played a large role in TBARTA facilitating the partnership. “The change in transportation has really assisted our front office and it’s been wonderful to have a ‘silent dismissal,’” said John Legg, former state senator and co-founder of Dayspring Academy Charter Schools. “We have had over 98% parent adoption within the first four weeks of launch,” said Renu Parker, a parent at Berkeley Prep School parent in Hillsborough County, "From a parent's point of view, it was revolutionary. It made a huge difference." The PikMyKid application has received acclaim across the United States as well, including in several technology publications, such as a listing by Popular Mechanics in 2015 as one of “6 Startups You Need to Know.” (http://www.popularmechanics.com/technology/startups/g1965/6-startups-one-spark-2015/?slide=6)PikMyKid founder and CEO Pat Bhava himself experienced the frustrations of the pick-up and dismissal process, and set out to make the school dismissal management smarter, safer, and cheaper in designing the software. “Waiting in the pick-up line an hour each day, I would watch school staff run around to keep the process moving,” said Bhava. “I thought, there has to be a better way that actually works for the schools and teachers while keeping the parents happy and the kids safer.”In addition to subsidizing the first-year costs of the app for schools, TBARTA is also planning to assist PikMyKid in developing features that will further reduce school traffic congestion and increase parent engagement, starting with real-time predictive traffic notifications, which will communicate with parents the optimal time to leave for drop-off and dismissal. Automated ridematching for participating parents is also planned, whereby the app would automatically identify common routes for students attending the same school, and send a push notification to parents to encourage carpooling. “Work commuters aren’t the only ones facing road congestion and lack of transit availability in our region, and school commuting is a very specific type of transportation need with far more security required in its delivery,” said Michael Case, the Principal Planner for TBARTA. “TBARTA was looking for ways to improve its school commute program, and PikMyKid was doing exactly what we identified as needed to bring it to the next level.”While it will be up to the school and/or district to continue with the program after the pilot ends, research from the University of South Florida College of Business shows it can be well worth the investment. According to the study, schools that subscribe to the system can save up to $43,000 annually in labor, transportation, and traffic management related efforts. With TBARTA fully subsidizing the first-year for select schools new to the program, the savings can be even greater. “We really want this to be a part of how we address school congestion in our region,” said Ray Chiaramonte, TBARTA Executive Director. “The effort will be data-driven, with the intention of showing the impacts to safety and efficiency for each school at the end of the pilot.” (http://tbarta.com/files/PIKMYKID-_Business_Analysis-USF_2014pdf.pdf)Since 2004, TBARTA has provided its Regional School Commute Program to schools that face transportation and related safety issues through computerized ridematching for carpooling, “walking school buses,” and “bicycle trains.” As a program funded by the FDOT District 7, the service is available free of charge to schools in Pinellas, Hillsborough, Pasco, Citrus, and Hernando Counties. Currently, there are over 2,000 parents and 66 schools participating between Pinellas and Hillsborough. Through the PikMyKid partnership, the Authority intends to bring schools from the Pasco, Citrus, and Hernando on board as well.For more information about TBARTA and the PikMyKid Partnership, contact Michael Case at (813) 282-8200 or email@example.com.For information on the PikMyKid application, contact Pat Bhava at (813 649-8028) or firstname.lastname@example.org or go to www.pikmykid.com Click here to view the list of recent Press Releases from PikMyKid