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News Article | April 24, 2017
Site: globenewswire.com

HOUSTON, April 24, 2017 (GLOBE NEWSWIRE) -- Indoor Harvest Corp (OTCQB:INQD) is pleased to announce, with Alamo CBD, LLC (“Alamo”), that on April 20, 2017 both Companies entered into a definitive share exchange agreement (the “Agreement”) to acquire 100% of the member ownership in Alamo. Pursuant to the Agreement, Indoor Harvest will sell, convey, transfer and assign to Alamo, twenty five million two hundred eighty thousand and twenty seven (25,280,027) shares of common stock of Indoor Harvest, par value $0.001, in the aggregate, in exchange for the transfer of such securities by the members of Alamo. Upon completion of the exchange, all of the Alamo interests shall be held by Indoor Harvest and Alamo shall become a wholly-owned subsidiary of Indoor Harvest. On March 31, 2017, Alamo submitted an application under the Texas Compassionate Use Program (“TCUP”) to produce and dispense low-THC cannabis oils for the treatment of intractable epilepsy. Alamo has brought together prominent Texans from the United States military, Healthcare and Biopharmaceutical industries, as well as retired veterans of the Department of Public Safety (“DPS”), each committed to providing low-THC cannabis medicine to intractable epilepsy patients in Texas, while advancing the TCUP by collaborating with DPS officials. If licensed, Alamo would meet and exceed security, compliance, and quality standards set by regulators. The DPS is currently expected to notify those applicants that have been conditionally approved on April 30, 2017. Additionally, on March 23, 2017, Indoor Harvest and Alamo entered into a Contractual Joint Venture Agreement with Vyripharm Enterprises, LLC (“Vyripharm”), pursuant to which the parties agreed to participate in an unincorporated joint venture (the “Joint Venture”) to establish Alamo as a supplier of a variety of low-THC cannabis oil to Vyripharm for Vyripharm’s use in conducting research and development to create novel pharmaceutical and radiopharmaceutical compounds designed to image and treat intractable epilepsy. Under the Joint Venture, Alamo will provide low-THC cannabis oil to Vyripharm using Indoor Harvest’s patent pending HPA platform in order to provide specific chemical expression profiles needed for Vyripharm’s research and patient treatments. The Joint Venture would allow the group to provide a unique ability in the industry, personalized patient medicine, by testing patient efficacy, utilizing the full entourage effect of cannabis, to those suffering from intractable epilepsy in the State of Texas. Vyripharm has extensive patent coverage on its imaging and delivery platforms and was recently granted patent allowance by the United States Patent and Trade Office for its comprehensive medical cannabis and hemp testing methodology platform ["Integrated Systems and Methods of Evaluating Cannabis and Cannabinoid Products for Public Safety, Quality Control and Quality Assurance Purposes," Patent# US20150219610 A1]. Additionally, Vyripharm has entered into sponsored research agreements for its core platforms with the University of Texas Medical Branch Galveston, The University of Texas Health Science Center at Houston – Institute of Molecular Medicine Sponsored Research and The University of Texas M.D. Anderson Cancer Center. There is also an agreement with the National Institute of Drug Abuse and pending agreements with Baylor College of Medicine and the VA Hospital in Houston, TX. In connection with the proposed transaction, the Company will file with the Securities and Exchange Commission (the “SEC”) and furnish to the Company’s stockholders a proxy statement and a shareholder vote will be required to close the transaction. Before making any voting decision, the Company’s stockholders are urged to read the proxy statement in its entirety when it becomes available and any other documents to be filed with the SEC in connection with the proposed acquisition or incorporated by reference in the proxy statement because they will contain important information about the proposed transaction and the parties to the proposed transaction.  Investors and shareholders may obtain a free copy of documents filed by Indoor Harvest Corp with the SEC at the SEC’s website at http://www.sec.gov. In addition, investors and shareholders may obtain a free copy of Indoor Harvest Corp’s filings with the SEC from Indoor Harvest Corp’s website at http://investors.indoorharvest.com/SEC-filings. Consistent with the SEC’s April 2013 guidance on using social media outlets like Facebook and Twitter to make corporate disclosures and announce key information in compliance with Regulation FD, Indoor Harvest is alerting investors and other members of the general public that Indoor Harvest will provide weekly updates on operations and progress through its social media on Facebook and Twitter. Investors, potential investors and individuals interested in our company are encouraged to keep informed by following us on Twitter or Facebook. Indoor Harvest Corp, through its brand name Indoor Harvest®, is a full service, state of the art design-build engineering firm for the indoor farming industry. Providing production platforms and complete custom-designed build-outs for both greenhouse and building integrated agriculture (BIA) grows, tailored to the specific needs of virtually any cultivar. Our patent pending aeroponic fixtures are based upon a modular concept in which primary components are interchangeable. Visit our website at http://www.indoorharvest.com for more information about our Company. FORWARD LOOKING STATEMENTS             This release contains certain “forward-looking statements” relating to the business of Indoor Harvest and its subsidiary companies, which can be identified by the use of forward-looking terminology such as “estimates,” “believes,” “anticipates,” “intends,” expects” and similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on Indoor Harvest’s current expectations and beliefs concerning future developments and their potential effects on Indoor Harvest. There can be no assurance that future developments affecting Indoor Harvest will be those anticipated by Indoor Harvest. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. Indoor Harvest undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.


News Article | April 24, 2017
Site: globenewswire.com

HOUSTON, April 24, 2017 (GLOBE NEWSWIRE) -- Indoor Harvest Corp (OTCQB:INQD) is pleased to announce, with Alamo CBD, LLC (“Alamo”), that on April 20, 2017 both Companies entered into a definitive share exchange agreement (the “Agreement”) to acquire 100% of the member ownership in Alamo. Pursuant to the Agreement, Indoor Harvest will sell, convey, transfer and assign to Alamo, twenty five million two hundred eighty thousand and twenty seven (25,280,027) shares of common stock of Indoor Harvest, par value $0.001, in the aggregate, in exchange for the transfer of such securities by the members of Alamo. Upon completion of the exchange, all of the Alamo interests shall be held by Indoor Harvest and Alamo shall become a wholly-owned subsidiary of Indoor Harvest. On March 31, 2017, Alamo submitted an application under the Texas Compassionate Use Program (“TCUP”) to produce and dispense low-THC cannabis oils for the treatment of intractable epilepsy. Alamo has brought together prominent Texans from the United States military, Healthcare and Biopharmaceutical industries, as well as retired veterans of the Department of Public Safety (“DPS”), each committed to providing low-THC cannabis medicine to intractable epilepsy patients in Texas, while advancing the TCUP by collaborating with DPS officials. If licensed, Alamo would meet and exceed security, compliance, and quality standards set by regulators. The DPS is currently expected to notify those applicants that have been conditionally approved on April 30, 2017. Additionally, on March 23, 2017, Indoor Harvest and Alamo entered into a Contractual Joint Venture Agreement with Vyripharm Enterprises, LLC (“Vyripharm”), pursuant to which the parties agreed to participate in an unincorporated joint venture (the “Joint Venture”) to establish Alamo as a supplier of a variety of low-THC cannabis oil to Vyripharm for Vyripharm’s use in conducting research and development to create novel pharmaceutical and radiopharmaceutical compounds designed to image and treat intractable epilepsy. Under the Joint Venture, Alamo will provide low-THC cannabis oil to Vyripharm using Indoor Harvest’s patent pending HPA platform in order to provide specific chemical expression profiles needed for Vyripharm’s research and patient treatments. The Joint Venture would allow the group to provide a unique ability in the industry, personalized patient medicine, by testing patient efficacy, utilizing the full entourage effect of cannabis, to those suffering from intractable epilepsy in the State of Texas. Vyripharm has extensive patent coverage on its imaging and delivery platforms and was recently granted patent allowance by the United States Patent and Trade Office for its comprehensive medical cannabis and hemp testing methodology platform ["Integrated Systems and Methods of Evaluating Cannabis and Cannabinoid Products for Public Safety, Quality Control and Quality Assurance Purposes," Patent# US20150219610 A1]. Additionally, Vyripharm has entered into sponsored research agreements for its core platforms with the University of Texas Medical Branch Galveston, The University of Texas Health Science Center at Houston – Institute of Molecular Medicine Sponsored Research and The University of Texas M.D. Anderson Cancer Center. There is also an agreement with the National Institute of Drug Abuse and pending agreements with Baylor College of Medicine and the VA Hospital in Houston, TX. In connection with the proposed transaction, the Company will file with the Securities and Exchange Commission (the “SEC”) and furnish to the Company’s stockholders a proxy statement and a shareholder vote will be required to close the transaction. Before making any voting decision, the Company’s stockholders are urged to read the proxy statement in its entirety when it becomes available and any other documents to be filed with the SEC in connection with the proposed acquisition or incorporated by reference in the proxy statement because they will contain important information about the proposed transaction and the parties to the proposed transaction.  Investors and shareholders may obtain a free copy of documents filed by Indoor Harvest Corp with the SEC at the SEC’s website at http://www.sec.gov. In addition, investors and shareholders may obtain a free copy of Indoor Harvest Corp’s filings with the SEC from Indoor Harvest Corp’s website at http://investors.indoorharvest.com/SEC-filings. Consistent with the SEC’s April 2013 guidance on using social media outlets like Facebook and Twitter to make corporate disclosures and announce key information in compliance with Regulation FD, Indoor Harvest is alerting investors and other members of the general public that Indoor Harvest will provide weekly updates on operations and progress through its social media on Facebook and Twitter. Investors, potential investors and individuals interested in our company are encouraged to keep informed by following us on Twitter or Facebook. Indoor Harvest Corp, through its brand name Indoor Harvest®, is a full service, state of the art design-build engineering firm for the indoor farming industry. Providing production platforms and complete custom-designed build-outs for both greenhouse and building integrated agriculture (BIA) grows, tailored to the specific needs of virtually any cultivar. Our patent pending aeroponic fixtures are based upon a modular concept in which primary components are interchangeable. Visit our website at http://www.indoorharvest.com for more information about our Company. FORWARD LOOKING STATEMENTS             This release contains certain “forward-looking statements” relating to the business of Indoor Harvest and its subsidiary companies, which can be identified by the use of forward-looking terminology such as “estimates,” “believes,” “anticipates,” “intends,” expects” and similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on Indoor Harvest’s current expectations and beliefs concerning future developments and their potential effects on Indoor Harvest. There can be no assurance that future developments affecting Indoor Harvest will be those anticipated by Indoor Harvest. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. Indoor Harvest undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.


News Article | April 21, 2017
Site: www.PR.com

An analysis of all things post-production Burbank, CA, April 21, 2017 --( The evening began with a discussion on whether it’s still relevant to attend National Association of Broadcasters show in the digital age considering most product announcements are now made online weeks ahead of the show and more vendors are no longer exhibiting. It was agreed that the real importance of continued attendance at NAB now lies in the face-to-face meetings with people from across the globe you would never get the chance to meet otherwise. Norman Hollyn comments, “I think if you just go and walk the floor, you haven’t made real use of what NAB can do. Do the hallway stuff, find out where the parties are and hang out at the right restaurants.” Things to look for at NAB this year according to Mark Raudonis and his 6 Things presentation (a spin-off of Michael Kammes 5 THINGS series) included: One NLE to rule them all, 4K being the new HD, Live from anywhere, Next Gen TV (ATSC 3.0), HDR for everyone, and finally smaller, faster, cheaper technology. HDR continues to be the Wild West with no set standards in place that everyone agrees on and not all devices support the various versions of HDR content being produced. 4K is becoming more mainstream, but still has the same challenges as before with lack of bandwidth and costing more to deliver, particularly when it comes to visual effects where 4K severely impacts the budget. Panelists’ agreed 4K is most useful when it comes to acquisition and not as cost efficient when it comes to post-production or distribution. The newest technology on the horizon that’s sure to be the buzz at NAB this year is the new broadcast standard known as Next Gen TV Hub powered by ATSC 3.0. The new standard will support mobile television, 4K UHD, HDR, high frame rate and wide color gamut. When ATSC 3.0 officially goes into effect it will mean higher resolutions and multiple versioning of projects. This will add a new level of complexity to how post-production is delivered likely making it harder and more complicated. It’s important for editors to be aware that the world of post-production is changing faster than expected. Being prepared and knowledgeable about what’s coming out of the edit bay will be more important than it’s ever been. Looking ahead, the future of film and television editing will be greatly impacted by machine learning, often referred to as artificial intelligence or AI. “You’ve got to be crazy if you think that you’re not going to be working with, or in competition with a computer in the future. You’ve got your head buried in the sand if that’s what you believe,” said Raudonis. Learning how to code or at the very least having a comfort level with it, as well as having some foresight on how you can leverage these new tools and have the digital overlords work for you and not the other way around is a good way to approach the robotic revolution. “If your job can be taught to someone in 3 to 5 days, it’s more than likely going to become automated,” chimed in audience member Philip Hodgetts with Lumberjack System. In order to have a long prosperous career, it’s becoming imperative that you become really good telling emotionally compelling stories. Focusing more on the creative aspect and less on the technical is key when it comes to remaining successful in the new age of film and television editing. Additional topics discussed throughout the evening included the difference between virtual reality and augmented reality and why one is sure to be more successful than the other, the future of Avid, and how to market yourself through social media and personal websites to find the next gig. To watch the Pre-NAB panel discussion in its entirety visit https://youtu.be/8M9pJyU9p6s Check out the Editors’ Lounge website for more educational videos about careers in film and television editing. http://www.editorslounge.com The next Editors’ Lounge will be held at AlphaDogs on Friday, May 19th with all the latest from BlackMagic Design. http://www.editorslounge.com About the Editors’ Lounge: The Editors’ Lounge is a hands-on seminar for industry professionals. Each month, scores of professionals in the production and post-production industries exchange ideas, discuss trends and learn about new technologies; allowing editors to have their questions addressed objectively. To learn more visit http://www.editorslounge.com Burbank, CA, April 21, 2017 --( PR.com )-- Burbank based AlphaDogs Post Production recently hosted their 14th Annual Editors’ Lounge Pre-NAB/Post HPA discussion panel with an analysis of all things post-production. Moderated by Journalist Debra Kaufman, panelists included: Terence Curren (Editor/Colorist and Founder of AlphaDogs Post), Mark Raudonis (SVP of Post Production, Bunim/Murray Productions), Norman Hollyn (Editor, Heathers, Wild Palms and Professor at USC), Michael Kammes (Director of Technology, Key Code Media, Host of 5 THINGS).The evening began with a discussion on whether it’s still relevant to attend National Association of Broadcasters show in the digital age considering most product announcements are now made online weeks ahead of the show and more vendors are no longer exhibiting. It was agreed that the real importance of continued attendance at NAB now lies in the face-to-face meetings with people from across the globe you would never get the chance to meet otherwise. Norman Hollyn comments, “I think if you just go and walk the floor, you haven’t made real use of what NAB can do. Do the hallway stuff, find out where the parties are and hang out at the right restaurants.” Things to look for at NAB this year according to Mark Raudonis and his 6 Things presentation (a spin-off of Michael Kammes 5 THINGS series) included: One NLE to rule them all, 4K being the new HD, Live from anywhere, Next Gen TV (ATSC 3.0), HDR for everyone, and finally smaller, faster, cheaper technology.HDR continues to be the Wild West with no set standards in place that everyone agrees on and not all devices support the various versions of HDR content being produced. 4K is becoming more mainstream, but still has the same challenges as before with lack of bandwidth and costing more to deliver, particularly when it comes to visual effects where 4K severely impacts the budget. Panelists’ agreed 4K is most useful when it comes to acquisition and not as cost efficient when it comes to post-production or distribution.The newest technology on the horizon that’s sure to be the buzz at NAB this year is the new broadcast standard known as Next Gen TV Hub powered by ATSC 3.0. The new standard will support mobile television, 4K UHD, HDR, high frame rate and wide color gamut. When ATSC 3.0 officially goes into effect it will mean higher resolutions and multiple versioning of projects. This will add a new level of complexity to how post-production is delivered likely making it harder and more complicated. It’s important for editors to be aware that the world of post-production is changing faster than expected. Being prepared and knowledgeable about what’s coming out of the edit bay will be more important than it’s ever been.Looking ahead, the future of film and television editing will be greatly impacted by machine learning, often referred to as artificial intelligence or AI. “You’ve got to be crazy if you think that you’re not going to be working with, or in competition with a computer in the future. You’ve got your head buried in the sand if that’s what you believe,” said Raudonis. Learning how to code or at the very least having a comfort level with it, as well as having some foresight on how you can leverage these new tools and have the digital overlords work for you and not the other way around is a good way to approach the robotic revolution. “If your job can be taught to someone in 3 to 5 days, it’s more than likely going to become automated,” chimed in audience member Philip Hodgetts with Lumberjack System. In order to have a long prosperous career, it’s becoming imperative that you become really good telling emotionally compelling stories. Focusing more on the creative aspect and less on the technical is key when it comes to remaining successful in the new age of film and television editing.Additional topics discussed throughout the evening included the difference between virtual reality and augmented reality and why one is sure to be more successful than the other, the future of Avid, and how to market yourself through social media and personal websites to find the next gig.To watch the Pre-NAB panel discussion in its entirety visit https://youtu.be/8M9pJyU9p6sCheck out the Editors’ Lounge website for more educational videos about careers in film and television editing. http://www.editorslounge.comThe next Editors’ Lounge will be held at AlphaDogs on Friday, May 19th with all the latest from BlackMagic Design. http://www.editorslounge.comAbout the Editors’ Lounge: The Editors’ Lounge is a hands-on seminar for industry professionals. Each month, scores of professionals in the production and post-production industries exchange ideas, discuss trends and learn about new technologies; allowing editors to have their questions addressed objectively. To learn more visit http://www.editorslounge.com Click here to view the list of recent Press Releases from Alpha Dogs Post Production


News Article | April 19, 2017
Site: www.prlog.org

The newest technology on the horizon that's sure to be the buzz at NAB this year is the new broadcast standard known as Next Gen TV Hub powered by ATSC 3.0. -- Burbank based AlphaDogs Post Production recently hosted their 14Annual Editors' Lounge Pre-NAB/Post HPA discussion panel with an analysis of all things post-production. Moderated by Journalist Debra Kaufman, panelists included: Terence Curren (Editor/Colorist and Founder of AlphaDogs Post), Mark Raudonis (SVP of Post Production, Bunim/Murray Productions), Norman Hollyn (Editor,and Professor at USC), Michael Kammes (Director of Technology, Key Code Media, Host of 5 THINGS).The evening began with a discussion on whether it's still relevant to attend National Association of Broadcasters show in the digital age considering most product announcements are now made online weeks ahead of the show and more vendors are no longer exhibiting. It was agreed that the real importance of continued attendance at NAB now lies in the face-to-face meetings with people from across the globe you would never get the chance to meet otherwise.  Norman Hollyn comments, "I think if you just go and walk the floor, you haven't made real use of what NAB can do. Do the hallway stuff, find out where the parties are and hang out at the right restaurants."Things to look for at NAB this year according to Mark Raudonis and his 6 Things presentation (a spin-off of Michael Kammes 5 THINGS series) included: One NLE to rule them all, 4K being the new HD, Live from anywhere, Next Gen TV (ATSC 3.0), HDR for everyone, and finally smaller, faster, cheaper technology.HDR continues to be the Wild West with no set standards in place that everyone agrees on and not all devices support the various versions of HDR content being produced. 4K is becoming more mainstream, but still has the same challenges as before with lack of bandwidth and costing more to deliver, particularly when it comes to visual effects where 4K severely impacts the budget. Panelists' agreed 4K is most useful when it comes to acquisition and not as cost efficient when it comes to post-production or distribution.The newest technology on the horizon that's sure to be the buzz at NAB this year is the new broadcast standard known as Next Gen TV Hub powered by ATSC 3.0.  The new standard will support mobile television, 4K UHD, HDR, high frame rate and wide color gamut. When ATSC 3.0 officially goes into effect it will mean higher resolutions and multiple versioning of projects. This will add a new level of complexity to how post-production is delivered likely making it harder and more complicated. It's important for editors to be aware that the world of post-production is changing faster than expected. Being prepared and knowledgeable about what's coming out of the edit bay will be more important than it's ever been.Looking ahead, the future of film and television editing will be greatly impacted by machine learning, often referred to as artificial intelligence or AI. "You've got to be crazy if you think that you're not going to be working with, or in competition with a computer in the future. You've got your head buried in the sand if that's what you believe," said Raudonis. Learning how to code or at the very least having a comfort level with it, as well as having some foresight on how you can leverage these new tools and have the digital overlords work for you and not the other way around is a good way to approach the robotic revolution. "If your job can be taught to someone in 3 to 5 days, it's more than likely going to become automated," chimed in audience member Philip Hodgetts with Lumberjack System. In order to have a long prosperous career, it's becoming imperative that you become really good telling emotionally compelling stories. Focusing more on the creative aspect and less on the technical is key when it comes to remaining successful in the new age of film and television editing.Additional topics discussed throughout the evening included the difference between virtual reality and augmented reality and why one is sure to be more successful than the other, the future of Avid, and how to market yourself through social media and personal websites to find the next gig.To watch the Pre-NAB panel discussion in its entirety visit https://youtu.be/ 8M9pJyU9p6s Check out the Editors' Lounge website for more educational videos about careers in film and television editing. http://www.editorslounge.com The next Editors' Lounge will be held at AlphaDogs on Friday, May 19with all the latest from BlackMagic Design. http://www.editorslounge.comhttp://www.editorslounge.com


News Article | February 15, 2017
Site: co.newswire.com

​​​Arvato Systems announced today that Joe Torelli has joined the company’s Media team. Torelli is tasked with elevating brand awareness and acceptance of Arvato Systems‘ advanced media management VPMS (Video Production Management System) and EditMate, Arvato Systems’ collaborative editing and project management system. Torelli joins Arvato Systems after nearly five years as a media and broadcast technology consultant, recently completing a two year engagement for Comrex Corporation with the LiveShot® IP Video product. “I’m thrilled to be part of the Media team at Arvato Systems. I’ve been watching various MAM and PAM products for several years and am very impressed with the functionality of Arvato’s VPMS system. Any network, station group, production company, or post house installing a new end to end asset management system, and especially organizations with a suggested ‘only option’ forklift upgrade, should seriously consider VPMS from Arvato Systems, while continuing to edit on their familiar software platforms from Adobe, Avid, Apple, and Grass Valley,” commented Torelli. “Joe brings a wealth of experience to my team both from the fast paced news and documentary production when he was covering global events at NBC News, and from the design and innovation side while at Avid, Quantel, and then Apple,” commented Rob Fox, Vice President, Media at Arvato Systems North America. “His familiarity with the broadcast industry, from senior executives to general assignment news photographers crashing stories to air, gives him a unique perspective that will help bring our solutions to the market." Delivering innovative technology to the broadcast industry is nothing new for Torelli. Over a quarter of a century ago while still at NBC, Joe began planting the seeds at Avid that would become Avid NewsCutter®, and then in 1995 the Avid/Ikegami collaboration Editcam®, the world’s first tapeless television camera. Editcam recorded Avid media files onto a spinning hard drive, eliminating the real-time video transfer process, so dreaded in the early days of non-linear editing. This “tapeless” acquisition, editing, and delivery technology is now ubiquitous. ​Joe‘s experience in asset management came as a result of the first server based NLE news installations for Avid (Media Server) having helped design and implement MediaManager®. While at Apple, Torelli was part of the team working on the acquisition of Proximity, which developed into Final Cut Server®. After authoring Final Cut Pro for News and Sports (Peachpit Press) in 2008, Torelli was honored with the Joseph A. Sprague Award by the National Press Photographers Association for “transforming the way television news is shot, edited, and delivered." Torelli commented, “Having my peers validate my work and passion for the industry is the highest honor for me.” Having relocated from New York to Minneapolis for Apple in 2009, Joe will continue using his base in the “middle” to easily travel to both coasts in this new position. Joe will be among our team representing Arvato Systems at upcoming events including regional SMPTE meetings, HPA in Palm Springs, SVG IP Production Forum in Stamford, the Broadcast and Cable Technology Leadership Summit and of course NAB.


News Article | February 27, 2017
Site: www.marketwired.com

MONTREAL, QUEBEC--(Marketwired - Feb. 27, 2017) - Further to its February 2nd press release, Orbite Technologies Inc. (TSX:ORT)(OTCQX:EORBF) ("Orbite" or the "Company") today provides an update on the Company's progress on its high purity alumina ("HPA") production. "We are very pleased with the progress of production, and we are on the doorstep of our intermediate goal of continuous 1 tpd production," stated Glenn Kelly, CEO of Orbite. "In the coming weeks we will continue to produce HPA, while completing test runs to calibrate how equipment and operations respond to certain changes in feed, temperature and throughput. We will then progress towards feeding higher purity ACH crystals to achieve 5N+ product and then continue our ramp up to nameplate capacity." Orbite will be hosting a booth at PDAC 2017, the largest annual gathering of resource professionals and investors in the world. The Company's presence will provide shareholders with the opportunity to meet with management. Additionally, PDAC provides a platform for the Company to present its technology to interested parties. The event will run March 5-8, 2017. The Company's booth is located at Exhibit Halls F & G - South Building (#3046) of the Metro Toronto Convention Centre (MTCC). Orbite will be represented by Yves Noel, VP Business Development, and Marc Lakmaaker, Investor Relations. Orbite Technologies Inc. is a Canadian cleantech company whose innovative and proprietary processes are expected to produce alumina and other high-value products, such as rare earth and rare metal oxides, at one of the lowest costs in the industry, and in a sustainable fashion, using feedstocks that include aluminous clay, kaolin, nepheline, bauxite, red mud, fly ash as well as serpentine residues from chrysotile processing sites. Orbite is currently in the process of finalizing its first commercial high-purity alumina (HPA) production plant in Cap-Chat, Québec and has completed the basic engineering for a proposed smelter-grade alumina (SGA) production plant, which would use clay mined from its Grande-Vallée deposit. The Company's portfolio contains 16 intellectual property families, including 45 patents and 71 pending patent applications in 11 different countries and regions. The first intellectual property family is patented in Canada, USA, Australia, China, Japan and Russia. The Company also operates a state of the art technology development center in Laval, Québec, where its technologies are developed and validated. Certain information contained in this document may include "forward-looking information". Without limiting the foregoing, the information and any forward-looking information may include statements regarding projects, costs, objectives and future returns of the Company or hypotheses underlying these items. In this document, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking statements and information are based on information available at the time and/or the Company management's good-faith beliefs with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company's control. These risks uncertainties and assumptions include, but are not limited to, those described in the section of the Management's Discussion and Analysis (MD&A) entitled "Risk and Uncertainties" as filed on March 30, 2016 on SEDAR, including those under the headings "Recent increase in budgeted capital costs will require additional financing and may adversely impact our prospects", "We will need to raise capital to continue our growth" and "Development Goals and Time Frames". The Company does not intend, nor does it undertake, any obligation to update or revise any forward-looking information or statements contained in this document to reflect subsequent information, events or circumstances or otherwise, except as required by applicable laws.


News Article | February 15, 2017
Site: www.businesswire.com

LONDON--(BUSINESS WIRE)--Luxoft Holding, Inc (NYSE:LXFT), a leading provider of software development services and innovative IT solutions to a global client base, today announced results for the three and nine months ended December 31, 2016. Revenue for the three months ended December 31, 2016 increased to $206.9 million, up 20.3% from $171.9 million for the same period a year ago, and 5.3% sequentially. Adjusted EBITDA was $37.5 million with corresponding margins of 18.1%, as compared to $32.8 million and 19.1%, respectively, in the year ago quarter, and $37.4 million and 19.1% sequentially. US GAAP net income was $18.5 million, or $0.55 per diluted share, compared to $18.0 million and $0.52 per diluted share for the same period a year ago, and $16.3 million and $0.48 sequentially. Non-GAAP net income was $27.9 million, or $0.82 per diluted share, compared to $24.8 million and $0.72 per diluted share for the same period a year ago, and $27.8 million and $0.83 sequentially. Reconciliations between non-GAAP financial measures and US GAAP operating results and diluted EPS are included at the end of this release. Revenue for the nine months ended December 31, 2016 increased to $581.4 million, up 20.7% from $481.5 million for the same period a year ago. US GAAP net income was $48.9 million, or $1.44 per diluted share, compared to $55.7 million and $1.62 per diluted share for the same period a year ago. Non-GAAP net income was $76.8 million, or $2.27 per diluted share, compared to $74.0 million and $2.16 per diluted share for the same period a year ago. "We are happy to deliver good quarterly results to our shareholders, reflecting healthy growth and margins in line with our guidance. It has been a volatile time for businesses worldwide; however, we welcome challenges as they provide opportunities to transform the company and make it even stronger,” said Dmitry Loschinin, CEO and President of Luxoft. He continued: “We are happy to see solid growth across our core verticals mostly driven by High Potential Accounts across Automotive, Financial Services and Telecom sectors. At this time, the HPA group in the aggregate delivers close to 30% of revenues and is growing 110-120% on an annual basis. We believe we are successfully rotating the source of growth for the company to a new client base outside of our legacy clients. Current pace of our account development and pipeline dynamic combined with prevailing trends around autonomous driving, robo-advisory, cloud enablement, and other disruptive digital technologies that support IT spending momentum, we stand optimistic on our ability to capture the incoming demand." Virtually all of Luxoft's key verticals delivered strong performance during the course of the year with Telecom and Automotive and Transport delivering robust annual growth of 71.6% and 45.5%, respectively, for the nine months ended December 31, 2016. For the same period, the Company generated historically steady revenue growth across its core geographies: Swiss revenues increased 73.2%, German revenues increased 37.8%, and U.S. revenues increased 23.5% compared to the year-ago period. Luxoft finished the first nine months of this financial year with 12,036 employees, of which 10,149 were delivery professionals, who continued to drive average productivity during this period to another record – in excess of $78,700 per engineer or 2.0% annual growth. The effective rate for the nine months ended December 31, 2016 was 15.0%, the bottom of the expected 15%-16% range for current fiscal year. "We are pleased to announce a set of quarterly results marked by strong operational and financial performance. Despite some headwinds in foreign exchange, political, and other macro aspects we were able to reinvest into the company, once again honored our annual earnings outlook, and reported financial results in-line with the expectations. Our revenue per billable engineer keeps climbing as we consistently offer more value to our clients and increase productivity within the company. Our cash cushion and the level of free cash flow generation remain healthy and stable as we continue our bolt-on acquisition strategy, being conscious of shareholder dilution and remaining virtually free of the long-term debt," said Roman Yakushkin, Chief Financial Officer. The Company is confirming the following guidance for the financial year ending March 31, 2017: Reconciliations between forward-looking non-GAAP financial measures and comparable forward-looking measures on a US GAAP basis are included at the end of this release. A conference call will be conducted with the members of Luxoft's senior management at 8:00 a.m. EST on Wednesday, February 15, 2017 to review the financial and operational performance of the Company for the above-mentioned period. To participate in the conference call please dial 877-407-8293 (for domestic U.S. callers) or 201-689-8349 (for international callers). A live webcast will also be available during the call and can be accessed at http://edge.media-server.com/m/p/3vfj55sp/lan/en. Participants, please access the website at least 10 minutes prior to the call to register and follow the instructions provided on the website to download and install the necessary applications. If you are unable to join our live event, a replay will be available by dialing 877-660-6853 (for domestic U.S. callers) or 201-612-7415 (for international callers) and entering the conference ID# 13653359. The replay will be available from two hours as of the end of the call and up to 11:59 p.m. EST on March 1, 2017. The replay will also be available at Luxoft's Investor Relations portal for 14 days following the call. Luxoft Holding, Inc. (NYSE:LXFT) is a leading provider of software development services and innovative IT solutions to a global client base consisting primarily of large multinational corporations. Luxoft’s software development services consist of core and mission critical custom software development and support, product engineering and testing, and technology consulting. Luxoft’s solutions are based on its proprietary products and platforms that directly impact its clients’ business outcomes and efficiently deliver continuous innovation. The Company develops its solutions and delivers its services from 32 dedicated delivery centers worldwide. It has more than 12,000 employees across 39 offices in 19 countries in North America, Mexico, Western and Eastern Europe, Asia Pacific, and South Africa. Luxoft is incorporated in Tortola, British Virgin Islands, has its operating headquarters office in Zug, Switzerland and is listed on the New York Stock Exchange. For more information, please visit http://www.luxoft.com. To supplement our financial results presented in accordance with US GAAP, this press release includes the following measures defined by the Securities and Exchange Commission as non-GAAP financial measures: earnings before interest, tax, depreciation and amortization (EBITDA); adjusted EBITDA; non-GAAP net income; and non-GAAP diluted Earnings per share (EPS). Non-GAAP net income and non-GAAP EPS exclude stock-based compensation expense, amortization of fair value adjustments to intangible assets and impairment thereof and other acquisitions related costs, that may include changes in the fair value of contingent consideration liabilities. Non-GAAP diluted EPS are calculated as non-GAAP net income divided by weighted average number of diluted shares. We provide these non-GAAP financial measures because we believe that they present a better measure of our core business and management uses them internally to evaluate our ongoing performance. Accordingly, we believe that these non-GAAP measures are useful to investors in enhancing their understanding of our operating performance. These non-GAAP measures should be considered in addition to, and not as a substitute for, comparable US GAAP measures. The non-GAAP results and a full reconciliation between US GAAP and non-GAAP results are provided in the accompanying tables at the end of this press release. In addition to historical information, this release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements include information about possible or assumed future results of our business and financial condition, as well as the results of operations, liquidity, plans and objectives. In some cases, you can identify forward-looking statements by terminology such as "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "expect," "predict," "potential," or the negative of these terms or other similar expressions. These statements include, but are not limited to, statements regarding: the persistence and intensification of competition in the IT industry; the future growth of spending in IT services outsourcing generally and in each of our industry verticals, application outsourcing and custom application development and offshore research and development services; the level of growth of demand for our services from our clients; the level of increase in revenues from our new clients; seasonal trends and the budget and work cycles of our clients; general economic and business conditions in our locations, including geopolitical instability and social, economic or political uncertainties, particularly in Russia and Ukraine, and any potential sanctions, restrictions or responses to such conditions imposed by some of the locations in which we operate; the levels of our concentration of revenues by vertical, geography, by client and by type of contract in the future; the expected timing of the increase in our corporate tax rate, or actual increases to our effective tax rate which we may experience from time to time; our expectations with respect to the proportion of our fixed price contracts; our expectation that we will be able to integrate and manage the companies we acquire and that our acquisitions will yield the benefits we envision; the demands we expect our rapid growth to place on our management and infrastructure; the sufficiency of our current cash, cash flow from operations, and lines of credit to meet our anticipated cash needs; the high proportion of our cost of services comprised of personnel salaries; our plans to introduce new products for commercial resale and licensing in addition to providing services; our anticipated joint venture with one of our clients; and our continued financial relationship with IBS Group Holding limited and its subsidiaries including expectations for the provision and purchase of services and purchase and lease of equipment; and other factors discussed under the heading "Risk Factors" in the Annual Report on Form 20-F for the year ended March 31, 2016 and other documents filed with or furnished to the Securities and Exchange Commission. Except as required by law, we undertake no obligation to publicly update any forward-looking statements for any reason after the date of this press release whether as a result of new information, future events or otherwise.


News Article | February 17, 2017
Site: globenewswire.com

NORCROSS, Ga., Feb. 17, 2017 (GLOBE NEWSWIRE) -- Immucor, Inc., a global leader in transfusion and transplantation diagnostics, today announced the launch of Pak Lx™, a qualitative Luminex®-based immunoassay that brings high-definition to platelet antibody testing. While the assay is CE marked and has previously been available in international markets, Pak Lx is now available as a research use only (RUO) kit in the United States. Platelets express a variety of polymorphic proteins that may become targets for antibodies as a result of pregnancy or transfusion. The presence of antibodies that bind to platelet glycoproteins is associated with life-threatening bleeding disorders, such as refractoriness to platelet transfusions, post-transfusion purpura (PTP), and fetal and neonatal alloimmune thrombocytopenia (FNAIT). The Pak Lx assay may be used to detect and differentiate IgG antibodies to Human Platelet Antigens (HPA-1, HPA-2, HPA-3, HPA-4, HPA-5), Glycoprotein (GPIV), and Human Leukocyte Antigen (HLA Class I).  Once validated for use, Pak Lx may be used to support the selection of antigen negative or HLA-matched platelets for transfusion, providing a better matched unit to improve patient care. “Immucor is pleased to expand the offering of Pak Lx to the US market,” stated Christie Otis, Senior Transfusion Franchise Director at Immucor. “Pak Lx is an important addition to our platelet compatibility portfolio and provides another tool to enable laboratories to select antigen negative or HLA-matched platelets for transfusion. The availability of Pak Lx further supports Immucor’s portfolio for red cell and platelet compatibility testing.” Pak Lx availability demonstrates Immucor’s commitment to transfusion and transplant diagnostics.  Immucor’s total solution extends beyond platelet compatibility testing and includes a full line of automated immunohematology instruments including the NEO® and Echo® analyzers, PreciseType® (the only FDA licensed molecular immunohematology solution), and a broad portfolio of transplant solutions, including LIFECODES® for HLA typing and antibody screening, MIA FORA® for NGS HLA typing, and kSORT™ for post-transplant surveillance. Request a Demonstration To schedule a demonstration of Pak Lx, or any Immucor solution, Immucor clients may contact their local Molecular and Specialty Diagnostics Business Manager.  For more information about Immucor products, please contact your local Immucor representative or visit www.immucor.com. About Immucor Founded in 1982, Immucor is a global leader in transfusion and transplantation diagnostics that facilitate patient-donor compatibility. Our mission is to ensure that patients in need of blood, organs or stem cells get the right match that is safe, accessible and affordable. With the right match, we can transform a life together. For more information on Immucor, visit www.immucor.com.


— Market Synopsis of Global Aerospace High Performance Alloys Market The Global Aerospace High Performance Alloys Market is expected to grow at a CAGR of around 7% during 2016-2021. The key factors driving the growth are the need for lightweight alloys to reduce aircraft weight, usage of high performance alloy (HPAs) in jet engine, and high corrosion resistance of HPAs. Asia – Pacific is expected to grow at a CAGR of 13% during the forecast period to reach $XX billion Global Aerospace High Performance Alloys Market ($ billion), 2016-2021 As per the MRFR analysis, factors restraining the market growth are cost associated with high performance alloys, and machining & manufacturing complexities. Adoption of cobalt base HPA over nickel-base HPAs, additive manufacturing of alloy parts, and future R&D are the ongoing trends which will impact the market during the forecast period. Study Objectives of Global Aerospace High Performance Alloys Market • To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Aerospace High Performance Alloys Market • To provide insights about factors affecting the market growth • To analyse the Global Aerospace High Performance Alloys Market based on various factors- price analysis, supply chain analysis, porter’s five force analysis etc. • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW) • To provide country-level analysis of the market with respect to the current market size and future prospective • To provide country-level analysis of the market for segment by alloy type, product type, and alloying element. • To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market Regional and Country Analysis of Global Aerospace High Performance Alloys Market As per the MRFR analysis, the Americas region will continue its dominance in the forecast period to reach $XX billion, to grow at a CAGR of 3%. Whereas, APAC is expected to grow at a CAGR of 13% during the forecast period to reach $XX billion Table of Content 1.Introduction 1.1 Report Description 1.2 Research Objective 2. Executive Summary 2.1 Key Findings / Highlights 2.1.1 Investment Opportunities 2.1.2 Market Startegies 2.1.3 Latest Developments 3. Scope Of The Study 3.1 Markets Covered 3.2 Years Considered For The Study (2016-2021) 3.3 Geographic Scope 3.4 Key Stakeholders 4. Assumptions And Limitations 5. Research Methodology 5.1 Primary Research 5.2 Secondary Research 5.3 Econometric And Forecasting Model 6. Market Size Estimation 6.1 Top Down Approach 6.2 Bottom Up Approach 7. Market Factor Analysis 7.1 Value Chain Analysis 7.2 Supply Chain Analysis 7.3 Porter's Five Forces Analysis 8. Market Dynamics Continue……… Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors? Related Report Global Aerospace Fasteners Market by Application (Commercial Aerospace and Military), by Aircraft Class (Commercial Aircraft & Military Aircraft), and by Geography - Forecast To 2021.Know more about this report @ https://www.marketresearchfuture.com/reports/aerospace-fasteners-market About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. For more information, please visit https://www.marketresearchfuture.com


News Article | February 27, 2017
Site: www.marketwired.com

La Société aura un kiosque à l'ACPE 2017 MONTRÉAL, QUÉBEC--(Marketwired - 27 fév. 2017) - Suite à son communiqué du 2 février dernier, Technologies Orbite inc. (TSX:ORT)(OTCQX:EORBF) (« Orbite » ou la « Société ») fait aujourd'hui le point sur la progression de la Société vers la production d'alumine haute pureté (« HPA »). « Nous sommes très satisfaits du progrès de la production et nous sommes au seuil de notre objectif intermédiaire de production continue d'une tonne par jour, » a déclaré Glenn Kelly, chef de la direction d'Orbite. « Au cours des prochaines semaines, nous continuerons à produire de l'HPA tout en terminant les essais pour calibrer la façon dont l'équipement et les opérations répondent à certains changements dans l'alimentation, la température et le débit. Par la suite, nous progresserons vers l'alimentation des cristaux de CAH de pureté plus élevée afin d'atteindre du produit 5N + et continuerons ensuite l'accroissement du taux de production vers la capacité nominale. » La Société aura un kiosque au congrès international de l'Association canadienne des prospecteurs et entrepreneurs (ACPE) 2017, le plus grand rassemblement annuel des professionnels des ressources et des investisseurs dans le monde. La présence de la Société permettra aux actionnaires de rencontrer la direction. En outre, PDAC fournit une plate-forme à la Société afin de présenter sa technologie aux parties intéressées. L'évènement se tiendra du 5 au 8 mars 2017. Le kiosque de la Société est situé dans les halls F & G de l'édifice Sud (# 3046) du Palais des congrès du Toronto métropolitain (MTCC). Orbite sera représentée par Yves Noël, vice-président développement des affaires et Marc Lakmaaker, relations avec les investisseurs. Technologies Orbite inc. est une société canadienne de technologies propres de transformation des minéraux et de développement des ressources dont les procédés novateurs et exclusifs devraient permettre l'extraction de l'alumine ainsi que d'autres produits de grande valeur, comme les oxydes des terres rares et des métaux rares, à des coûts parmi les plus bas de l'industrie, et ce, sans produire de déchets, en utilisant des matières premières, dont l'argile alumineuse, le kaolin, la néphéline, la bauxite, les boues rouges, les cendres volantes ainsi que les résidus de serpentine provenant des sites d'exploitation du chrysotile. À l'heure actuelle, Orbite est en voie de finalisation de sa première usine d'HPA à Cap-Chat. La Société possède un portefeuille qui comprend 16 familles de propriété intellectuelle incluant 45 brevets et de 71 demandes de brevet en cours d'homologation dans 11 pays et régions. La première famille de propriété intellectuelle est brevetée au Canada, aux États-Unis, en Australie, en Chine, au Japon et en Russie. La Société opère également un centre de développement technologique à la fine pointe, à Laval, Québec, où ses technologies sont développées et validées. Certains renseignements contenus dans le présent document peuvent inclure de « l'information prospective ». Sans limiter la portée de ce qui précède, l'information et l'information prospective peuvent inclure des énoncés au sujet des projets, des coûts, des objectifs et du rendement futur de la Société ou des hypothèses sous-jacentes à ces éléments. Dans le présent document, les termes comme « peut », « confiant », « ferait », « pourrait », « fera », « probable », « croire », « s'attendre à », « anticiper », « avoir l'intention de », « planifier », « estimer » et des expressions semblables, et leur forme négative, ont été employés pour signaler des énoncés prospectifs. Les énoncés prospectifs ne sauraient être interprétés comme une garantie de rendement ou de résultats futurs et n'indiquent pas nécessairement avec précision si ces rendements futurs seront réalisés ni à quel moment ils pourraient l'être. Cette information et ces énoncés prospectifs sont fondés sur les renseignements alors disponibles ou sur les croyances de bonne foi de la direction de la Société à l'égard d'événements futurs. Ils sont assujettis à des risques connus ou inconnus, à des incertitudes, à des hypothèses et à d'autres facteurs imprévisibles, dont bon nombre sont indépendants de la volonté de la Société. Ces risques, incertitudes et hypothèses incluent notamment ceux qui sont décrits sous la rubrique « Risques et incertitudes » de notre rapport de gestion daté du 30 mars 2016 et déposé sur SEDAR, incluant ceux sous les titres « Une hausse récente des coûts en capital budgétés exigera du financement supplémentaire et pourrait avoir un effet défavorable sur nos perspectives », « Nous devons réunir des capitaux pour poursuivre notre croissance » et « Objectifs et échéanciers de développement ». La Société n'a pas l'intention de mettre à jour ou de réviser l'information et les énoncés prospectifs figurant dans le présent document pour tenir compte de l'information, d'événements ou de circonstances subséquentes ou pour toute autre raison, et elle n'est tenue à aucune obligation à cet égard, sauf dans la mesure requise par les lois applicables.

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