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The Institute for Excellence in Sales (IES) is proud to bestow Paul Smith, Senior Vice President and General Manager, Public Sector at Red Hat with the 7th Annual Lifetime Achievement Award.


News Article | May 5, 2017
Site: globenewswire.com

HOUSTON, May 05, 2017 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ:IESC) today announced financial results for the quarter ended March 31, 2017.  Management Commentary Robert Lewey, President, stated, “We experienced strong revenue growth of 27% and earnings improved in three of our four segments in the second quarter of fiscal 2017 compared with the second quarter of fiscal 2016.  These gains were offset by certain project inefficiencies in our Commercial & Industrial segment during the quarter.  However, we believe that we are taking appropriate actions to manage this risk and the overall outlook for our Commercial & Industrial business remains positive. Additionally, our newly acquired businesses continue to perform well and are contributing to our consolidated performance.  We expect to continue evaluating opportunities to strengthen the mix of our business and improve consolidated operating margins through acquisitions.” Tracy McLauchlin, Chief Financial Officer, added, “Our balance sheet remains strong, as highlighted by our amended and expanded credit facility, which increased our maximum revolver amount from $70 million to $100 million.  Additionally, we were pleased to close the acquisition of Freeman Enclosure Systems, LLC on March 16, 2017, which significantly strengthened our Infrastructure Solutions segment’s offering of electro-mechanical products and services. Lastly, we believe that the strength and increasing diversity of our $335 million in backlog has us well-positioned to continue to expand our margins.” Net Operating Loss Carryforwards The Company estimates that it has available NOLs for U.S. federal income tax purposes of approximately $404 million at September 30, 2016, including approximately $142 million resulting from the additional amortization of personal goodwill.  The Company's common stock is subject to a Rights Plan dated November 8, 2016, which is intended to assist in limiting the number of 5% or more owners of the Company’s common stock and, thereby reduce the risk of a possible “change of ownership” under Section 382 of the Internal Revenue Code of 1986, as amended. Any such “change of ownership” under these rules would limit or eliminate the ability of the Company to use its existing NOLs for federal income tax purposes.  There is no guarantee that the Rights Plan will achieve the objective of preserving the value or realization of the NOLs. Stock Buyback Plan The Company’s Board of Directors has authorized and previously announced a stock repurchase program for purchasing up to 1.5 million shares of our common stock from time to time.  The Company did not repurchase any of its common stock during the three months ended March 31, 2017. Non-GAAP Financial Measures and Other Adjustments This press release includes adjusted net income attributable to IES and, in the non-GAAP reconciliation table included herein, adjusted net income before taxes, both of which are financial measures not calculated in accordance with generally accepted accounting principles in the U.S. (“GAAP”).  Management believes that these measures provide useful information to our investors by distinguishing certain noncash events such as our valuation allowances release and certain acquisition and disposition related items, and that these measures, when reconciled to net income attributable to IES, which is the most directly comparable GAAP measure, help our investors to better identify underlying trends in the operations of our business and facilitate easier comparisons of our financial performance with prior and future periods and to our peers.  Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information calculated in accordance with GAAP.  Investors are encouraged to review the reconciliation of these non-GAAP measures to their most directly comparable GAAP financial measures.  A reconciliation of these non-GAAP financial measures to GAAP results has been provided in the financial tables included in this press release. For further details on the Company’s financial results, please refer to the Company’s annual report on Form 10-K for the fiscal year ended September 30, 2016 and quarterly report on Form 10-Q for the period ended March 31, 2017, to be filed with the Securities and Exchange Commission (“SEC”) by May 5, 2017, and any amendments thereto. About IES Holdings, Inc. IES is a holding company that owns and manages diverse operating subsidiaries, comprised of providers of industrial infrastructure services to a variety of end markets. Our approximately 4,000 employees serve clients in the United States. For more information about IES, please visit www.ies-co.com. Certain statements in this release may be deemed "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, all of which are based upon various estimates and assumptions that the Company believes to be reasonable as of the date hereof. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "could," "should," "expect," "plan," "project," "intend," "anticipate," "believe," "seek," "estimate," "predict," "potential," "pursue," "target," "continue," the negative of such terms or other comparable terminology. These statements involve risks and uncertainties that could cause the Company's actual future outcomes to differ materially from those set forth in such statements. Such risks and uncertainties include, but are not limited to, the ability of our controlling shareholder to take action not aligned with other shareholders; the possibility that certain tax benefits of our net operating losses may be restricted or reduced in a change in ownership or a change in the federal tax rate; the potential recognition of valuation allowances on net deferred tax assets; the inability to carry out plans and strategies as expected, including our inability to identify and complete acquisitions that meet our investment criteria in furtherance of our corporate strategy; competition in the industries in which we operate, both from third parties and former employees, which could result in the loss of one or more customers or lead to lower margins on new projects; fluctuations in operating activity due to downturns in levels of construction, seasonality and differing regional economic conditions; and our ability to successfully manage projects,  as well as other risk factors discussed in this document, in the Company's annual report on Form 10-K for the year ended September 30, 2016 and in the Company’s other reports on file with the SEC.  You should understand that such risk factors could cause future outcomes to differ materially from those experienced previously or those expressed in such forward-looking statements. The Company undertakes no obligation to publicly update or revise any information, including information concerning its controlling shareholder, net operating losses, borrowing availability, or cash position, or any forward-looking statements to reflect events or circumstances that may arise after the date of this release. Forward-looking statements are provided in this press release pursuant to the safe harbor established under the Private Securities Litigation Reform Act of 1995 and should be evaluated in the context of the estimates, assumptions, uncertainties, and risks described herein. General information about IES Holdings, Inc. can be found at http://www.ies-co.com under "Investors." The Company's annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, as well as any amendments to those reports, are available free of charge through the Company's website as soon as reasonably practicable after they are filed with, or furnished to, the SEC.


News Article | April 10, 2017
Site: globenewswire.com

HOUSTON, April 10, 2017 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES”) (NASDAQ:IESC) today announced that the Company has entered into a Second Amended and Restated Credit and Security Agreement (the “Amendment”) with Wells Fargo Bank, National Association, which expands the Company’s borrowing capacity.  Pursuant to the Amendment, the Company’s maximum revolver amount increased from $70 million to $100 million, and the maturity date of the revolving credit facility was extended from August 9, 2019 to August 9, 2021. Tracy McLauchlin, IES's Chief Financial Officer, stated, "This Amendment provides us with increased liquidity and future capacity as we continue to execute our organic and acquisition growth strategies. We are very appreciative of Wells Fargo’s continued support and confidence, and look forward to continuing this important relationship." ABOUT IES HOLDINGS, INC. IES is a holding company that owns and manages diverse operating subsidiaries, comprised of providers of industrial infrastructure services to a variety of end markets. Our over 4,000 employees serve clients in the United States. For more information about IES, please visit www.ies-co.com. Certain statements in this release may be deemed "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, all of which are based upon various estimates and assumptions that the Company believes to be reasonable as of the date hereof. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "could," "should," "expect," "plan," "project," "intend," "anticipate," "believe," "seek," "estimate," "predict," "potential," "pursue," "target," "continue," the negative of such terms or other comparable terminology. These statements involve risks and uncertainties that could cause the Company's actual future outcomes to differ materially from those set forth in such statements. Such risks and uncertainties include, but are not limited to, the ability of our controlling shareholder to take action not aligned with other shareholders; the possibility that certain tax benefits of our net operating losses may be restricted or reduced in a change in ownership; the potential recognition of valuation allowances on net deferred tax assets; the inability to carry out plans and strategies as expected, including our inability to identify and complete acquisitions that meet our investment criteria in furtherance of our corporate strategy; competition in the industries in which we operate, both from third parties and former employees, which could result in the loss of one or more customers or lead to lower margins on new projects; fluctuations in operating activity due to downturns in levels of construction, seasonality and differing regional economic conditions; and our ability to successfully manage projects,  as well as other risk factors discussed in this document, in the Company's annual report on Form 10-K for the year ended September 30, 2016 and in the Company's other reports on file with the SEC.  You should understand that such risk factors could cause future outcomes to differ materially from those experienced previously or those expressed in such forward-looking statements. The Company undertakes no obligation to publicly update or revise any information, including information concerning its controlling shareholder, net operating losses, borrowing availability, or cash position, or any forward-looking statements to reflect events or circumstances that may arise after the date of this release. Forward-looking statements are provided in this press release pursuant to the safe harbor established under the Private Securities Litigation Reform Act of 1995 and should be evaluated in the context of the estimates, assumptions, uncertainties, and risks described herein. General information about IES Holdings, Inc. can be found at http://www.ies-co.com under "Investors." The Company's annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, as well as any amendments to those reports, are available free of charge through the Company's website as soon as reasonably practicable after they are filed with, or furnished to, the SEC.


News Article | August 2, 2017
Site: globenewswire.com

HOUSTON, Aug. 02, 2017 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ:IESC) today announced that it will release fiscal 2017 third quarter results before the market opens on Friday, August 4, 2017.  About IES Holdings, Inc. IES is a holding company that owns and manages diverse operating subsidiaries, comprised of providers of industrial infrastructure services to a variety of end markets. Our approximately 4,000 employees serve clients in the United States. For more information about IES, please visit www.ies-co.com.


HOUSTON, Aug. 04, 2017 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ:IESC) today announced financial results for the quarter ended June 30, 2017. Management Commentary Robert Lewey, President, stated, “We continued to experience strong growth during our third quarter of 2017, with revenues improving at three of our four segments, compared with the third quarter of 2016.  However, our third quarter results were negatively impacted by continued underperformance at our Denver, Colorado and Roanoke, Virginia branches within our Commercial & Industrial segment.  Upon completing our detailed reviews of operations, we determined that these branches no longer met our criteria to remain in our portfolio of businesses and made the decision to exit these markets. "As part of our strategic growth plan, we expanded and strengthened offerings in our Commercial & Industrial segment with two recent acquisitions, including NEXT Electric, which provided an opportunity to partner with an experienced and deep management team, and Technical Services, which expanded our mechanical services capabilities.  We believe these actions collectively position our Commercial & Industrial segment for steadier growth and diversified, higher margin business going forward.” Tracy McLauchlin, Chief Financial Officer, added, “During the third quarter we generated $7.5 million of cash flow from operations and $4.7 million of operating income despite a $2.6 million operating loss associated with the wind-down branches. We believe that our strong balance sheet and available liquidity, as well as expected cash flow from both our legacy and acquired businesses, will support our organic and acquisition growth strategies.” A summary of the historical results of the wind-down branches has been provided in the financial tables included in this press release. Net Operating Loss Carryforwards The Company estimates that it has available Net Operating Loss Carryforwards (NOLs) for U.S. federal income tax purposes of approximately $404 million at September 30, 2016, including approximately $142 million resulting from the additional amortization of personal goodwill.  The Company's common stock is subject to a Rights Plan dated November 8, 2016, which is intended to assist in limiting the number of 5% or more owners of the Company’s common stock and, thereby reduce the risk of a possible “change of ownership” under Section 382 of the Internal Revenue Code of 1986, as amended. Any such “change of ownership” under these rules would limit or eliminate the ability of the Company to use its existing NOLs for federal income tax purposes.  There is no guarantee that the Rights Plan will achieve the objective of preserving the value or realization of the NOLs. Stock Buyback Plan The Company’s Board of Directors has authorized and previously announced a stock repurchase program for purchasing up to 1.5 million shares of our common stock from time to time.  During the quarter ended June 30, 2017, the Company repurchased 51,673 shares at an average price of $15.68 per share. Non-GAAP Financial Measures and Other Adjustments This press release includes adjusted net income attributable to IES and, in the non-GAAP reconciliation table included herein, adjusted net income before taxes, both of which are financial measures not calculated in accordance with generally accepted accounting principles in the U.S. (“GAAP”).  Management believes that these measures provide useful information to our investors by distinguishing certain noncash events such as our valuation allowances release, and that these measures, when reconciled to net income attributable to IES, which is the most directly comparable GAAP measure, help our investors to better identify underlying trends in the operations of our business and facilitate easier comparisons of our financial performance with prior and future periods and to our peers.  Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information calculated in accordance with GAAP.  Investors are encouraged to review the reconciliation of these non-GAAP measures to their most directly comparable GAAP financial measures.  A reconciliation of these non-GAAP financial measures to GAAP results has been provided in the financial tables included in this press release. For further details on the Company’s financial results, please refer to the Company’s annual report on Form 10-K for the fiscal year ended September 30, 2016 and quarterly report on Form 10-Q for the period ended June 30, 2017, to be filed with the Securities and Exchange Commission (“SEC”) by August 4, 2017, and any amendments thereto. About IES Holdings, Inc. IES is a holding company that owns and manages diverse operating subsidiaries, comprised of providers of industrial infrastructure services to a variety of end markets. Our approximately 4,000 employees serve clients in the United States. For more information about IES, please visit www.ies-co.com. Certain statements in this release may be deemed "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, all of which are based upon various estimates and assumptions that the Company believes to be reasonable as of the date hereof. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "could," "should," "expect," "plan," "project," "intend," "anticipate," "believe," "seek," "estimate," "predict," "potential," "pursue," "target," "continue," the negative of such terms or other comparable terminology. These statements involve risks and uncertainties that could cause the Company's actual future outcomes to differ materially from those set forth in such statements. Such risks and uncertainties include, but are not limited to, the ability of our controlling shareholder to take action not aligned with other shareholders; the possibility that certain tax benefits of our net operating losses may be restricted or reduced in a change in ownership or a change in the federal tax rate; the potential recognition of valuation allowances on net deferred tax assets; the inability to carry out plans and strategies as expected, including our inability to identify and complete acquisitions that meet our investment criteria in furtherance of our corporate strategy; competition in the industries in which we operate, both from third parties and former employees, which could result in the loss of one or more customers or lead to lower margins on new projects; fluctuations in operating activity due to downturns in levels of construction, seasonality and differing regional economic conditions; and our ability to successfully manage projects,  as well as other risk factors discussed in this document, in the Company's annual report on Form 10-K for the year ended September 30, 2016 and in the Company’s other reports on file with the SEC.  You should understand that such risk factors could cause future outcomes to differ materially from those experienced previously or those expressed in such forward-looking statements. The Company undertakes no obligation to publicly update or revise any information, including information concerning its controlling shareholder, net operating losses, borrowing availability, or cash position, or any forward-looking statements to reflect events or circumstances that may arise after the date of this release. Forward-looking statements are provided in this press release pursuant to the safe harbor established under the Private Securities Litigation Reform Act of 1995 and should be evaluated in the context of the estimates, assumptions, uncertainties, and risks described herein. General information about IES Holdings, Inc. can be found at http://www.ies-co.com under "Investors." The Company's annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, as well as any amendments to those reports, are available free of charge through the Company's website as soon as reasonably practicable after they are filed with, or furnished to, the SEC.


News Article | May 29, 2017
Site: www.prnewswire.com

LONDON, May 29, 2017 /PRNewswire/ -- According to Stratistics MRC, the Global Turbine Inlet Cooling System market is expected to grow from $3.839 billion in 2016 to reach $5.525 billion by 2022 with a CAGR of 6.2%. Some of the factors propelling the market growth are growing need of energy and power in urban countries and rising demand for turbine inlet cooling systems. On the other hand, limitations of turbine inlet cooling technologies and huge costs of the systems inhibit the market growth. Download the full report: https://www.reportbuyer.com/product/4917245/ Chiller Systems leads the market globally with the biggest market share and is expected to grow with a high CAGR during the forecast period. The growth of this segment is attributed to high efficiency of cooling systems in lowering the turbine inlet air temperatures. North America is expected to witness huge growth rate and the demand for turbine inlet cooling systems in this region is growing due to natural gas power production. Some of the key players in global turbine inlet cooling system market include Baltec IES Pty. Ltd, Mee Industries Inc, Cat Pumps Inc, Siemens AG, American Moistening Company Inc, Score Energy Limited, Camfil Power Systems, Humifrio S.L, Caldwell Energy Company Inc, UTC Technologies Company , Johnson Controls, Araner, Güntner, Stellar Energy , and GE Energy. Technologies Covered: - Mechanical Chillers - Inlet Fogging - Wet Compression - Others o Absorption Cooling o LNG Vaporization o Hybrid Systems Regions Covered: - North America o US o Canada o Mexico - Europe o Germany o France o Italy o UK o Spain o Rest of Europe - Asia Pacific o Japan o China o India o Australia o New Zealand o Rest of Asia Pacific - Rest of the World o Middle East o Brazil o Argentina o South Africa o Egypt What our report offers: - Market share assessments for the regional and country level segments - Market share analysis of the top industry players - Strategic recommendations for the new entrants - Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements Download the full report: https://www.reportbuyer.com/product/4917245/ About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: query@reportbuyer.com Tel: +44 208 816 85 48 Website: www.reportbuyer.com To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/turbine-inlet-cooling-system---global-market-outlook-2016-2022-300465064.html


News Article | May 25, 2017
Site: www.techradar.com

Adobe Photoshop Lightroom has two main functions: processing images, and organizing them (through tags, naming, rating, and metadata). It's hugely popular among professional and hobbyist photographers thanks to its ability to process photos in batches and optimize workflow, but it's not the only option – there are several superb free alternatives that are almost as powerful. Like Lightroom, all the image editors we’ve featured here are capable of processing raw files straight from your camera. Raw files contain all the data captured by your camera’s sensor, and all camera manufacturers have their own format for storing it. No screen or printer can reproduce that much detail, so it’s necessary to compress them into a format like JPG before you can display or use them. You can let your camera do that automatically, or use desktop software to control the process yourself. The image editors we’ve featured here let you adjust contrast, brightness, levels, saturation, sharpness, and tonality to achieve the results you envisaged when you shot the picture. They also offer tools for cropping and rotating images, but if you’re looking for retouching and healing tools, you’re better off with a free Photoshop alternative. Lightning-fast image processing and intelligent workflow optimization from the best free alternative to Adobe Lightroom RawTherapee is an advanced open source Lightroom alternative for processing raw files (or compressed image files like TIFF and JPG), then sending the resulting images directly to GIMP (or your preferred photo editor). RawTherapee uses non-destructive editing, so you can revert to the original file at any time. Its advanced image processing toolkit makes it easy to adjust exposure, colors, sharpness, and noise. RawTherapee’s de-mosaicing algorithms reduce artefacts in converted images, and its multi-core support makes full use of your available hardware. Once you’re happy with the fruits of your labor, you can save the settings as a preset for future use. You can also process images in batches, or edit multiple files at once using the tabbed interface. The software’s user community have created a list of cameras supported by RawTherapee, but it’s not definitive; if your camera isn’t listed, try opening a file using the software anyway. LightZone is another open source, non-destructive digital darkroom that makes an excellent substitute for Lightroom. You’ll need to sign up for an account before you can download LightZone (the software’s creators are monitoring the number of downloads to assist in future development), but it only takes a moment. Once you’re in, LightZone can process raw files (as well as compressed image formats such as JPG and TIFF) using a series of filters, which you can stack, adjust and rearrange to achieve the desired effect. You can also choose specific areas to edit using a vector-based selection tool. To find out if LightZone supports your camera’s raw format, check out the program’s profile guide. IrfanView combines a powerful image editor and organizer, with excellent support for raw and compressed file formats (see the full list). Its interface isn’t as intuitive as some other free Lightroom alternatives, but it’s been in development for 20 years and is packed with thoughtfully designed tools for photographers of all abilities. IrfanView is one of the best free tools around for cataloging images – editing metadata, renaming files in batches, and adding tags – enabling you to get huge image libraries under control in the space of an afternoon. IrfanView's raw processing tools are superb as well, letting you convert and rename files in batches, or spend time adjusting tonality and colors for individual photos that need more care and attention. For further editing, you can export files straight to a separate photo editor like GIMP. IrfanView receives regular updates, and there’s a lively community of users on hand to offer support, should you need it. Review and where to download: IrfanView Chasys Draw IES is more than just a Lightroom alternative – it’s a full image editing suite that’s for personal and professional use. Not only is it an excellent photo editor and converter, you can also use it to capture still images or video from your desktop, create icons and cursors, make frame-by-frame animations, convert images in batches and create your own artwork from scratch. The raw processing component, Chasys Draw IES raw-Photo, might not be as intuitive as some other raw image processors, but it gives you an exceptional degree of manual control. You can tweak red, blue and green curves, and adjust white balance, sharpness and contrast before the images are exported in CD5 format. You must then use Chasys Draw IES Converter (included in the package) to convert the files to JPG or TIFF format. Chasys Draw IES supports raw files from all the popular camera manufacturers. You can find a list of supported formats on the developer’s site, but it’s not exhaustive so don’t be disheartened if your model isn’t listed. Google Picasa was another great free Lightroom alternative, but it was discontinued in May last year and replaced with Google Photos – a free photo editor available as a mobile app and online, with an optional desktop tool for uploading images. Google Photos is very convenient for editing and managing photos on an Android smartphone thanks to its simple toolkit and free online storage, but it's also possible to use the web interface to process and convert raw images (see the full list of supported formats). Online storage is free, but only for photos in JPG or WEBP format; you'll have to use your Google Drive storage allocation for anything else. Google Photos offers a selection of attractive filters that can be applied with a single click, plus sliders labelled Light, Color and Pop, which adjust brightness, saturation and contrast, respectively. Unfortunately, although it's a superb app for mobile devices, Google Photos doesn't offer the same processing power as the Picasa desktop software. There's no batch processing and editing is quite basic, so it's slipped down our rankings to number five.


Dow Chemical, Softchoice, Dominion Electric Supply Dell, Pure Storage, and Monumental Sports and Entertainment Win Awards; Achievement Awards to Red Hat Sales Leader Paul Smith and Deltek's Mary Beth Cockerham -- The Institute for Excellence in Sales (IES) announced today the six winners of the 2017 IES sales excellence awards. The award ceremony recognizes organizational sales and business development operational excellence. Often referred to as the Oscars for sales professionals, the event had over 300 sales and business leaders in attendance. The seventh annual awards event recognized sales teams and organizations for their excellence in sales across four different categories.The winners are:Dominion extended sales training to operational employees to leverage deep industry knowledge during the sales cycle.The Dow Commercial Development Program prepares the next generation of Dow Sales Professionals to be productive in their new sales roles much faster than in the past. The Softchoice Sales Academy team on boarded 380 reps in 2016 increasing rep retention to 99.9% during the rep's first year in the role.Dell's Federal sales leadership implemented an impressive plan to bring the EMC sales team under its banner.Pure helped the US FDA implement a more secure, sustainable solution for now and the future."We are honored to recognize the 2017 IES winners who have demonstrated operational and programmatic excellence across the sales lifecycle," said Fred Diamond, Executive Director and President of the IES. "The winners and finalists ranged from Fortune 50 companies to high-growth, high-energy firms and represented a diverse array of industries."The 7annual Lifetime Achievement Award was awarded to Paul Smith, General Manager for Red Hat Public Sector. Art Richer, DLT CEO and the 2016 IES Lifetime Achievement Winner, presented the award to Smith.Additionally, the first ever IES Women in Sales Leadership Award was presented to Deltek sales vice president Mary Beth Cockerham.  Deltek CEO Mike Corkery presented the award to Ms. Cockerham."We were honored to present our Lifetime Achievement Award to Paul Smith and our Women in Sales leadership award to Mary Beth Cockerham," said Diamond. "Both are very accomplished sales leaders with a tremendous history of success."Congressman Gerald Connolly also honored Smith and Ms. Cockerham with a Congressional Record. Sales consultant Thomas Ellis was named IES Member of the Year at the event.Winners were selected from a large pool of nominees by an independent panel of expert judges for their commitment to excellence in five sales and business development categories.World-renowned sales expert John Asher of ASHER Strategies provided the keynote address during the ceremony. A portion of the proceeds from the event will be donated to the Northern Virginia Family Service (NVFS).For membership information, please visit http://i4esbd.org/ membership/ # # #The IES is a professional organization that provides a wealth of services to selling professionals at companies large and small throughout the Mid-Atlantic region and across the U.S. It is an unbiased and trusted partner for the delivery of sales programs, speakers, training, services and products. Contact the IES at www.i4esbd.org. A complete list of upcoming IES programs can be found https://i4esbd.com/ programs/ies- 2017-program- year/


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

MOORPARK, Calif.--(BUSINESS WIRE)--ERP Power LLC (ERP), a leading provider of small, smart and efficient LED drivers for the lighting industry, today announced the world’s smallest power supply for LED lighting fixtures will be demonstrated in Philadelphia May 9-11 at LIGHTFAIR International 2017 – the world's largest annual architectural and commercial lighting trade show and conference. The next generation ERP LED driver architecture delivers power density of 20 Watts per cubic inch in a package the size of two AA batteries. The new patent-pending power electronics design delivers more than double the density of the previous generation ERP platform, while delivering 5 times the power density of current industry competitors. Initial models will be available in 100W, 60W, and 40W capacity in constant current and constant voltage configurations. “ERP is once again redefining what small and powerful means in the LED lighting industry,” said Michael Archer, CEO of ERP Power. “Every LED luminaire design engineer who has held it in their hand simply says ‘Wow!’. We expect our new LED driver power density will accelerate an entire generation of creative new lighting fixture designs.” ERP will also be demonstrating its latest lineup of high wattage outdoor LED Drivers, surge protection devices and step-down transformers designed for use in roadway lighting, parking areas, and sporting venues. ERP's programmable LED drivers with integrated Bluetooth® mesh communications make dimming, scheduling, and ambient scene control as simple as a swipe of your finger or the sound of your voice. #LFI2017 attendees can see the ERP CDB Series driver on display as part of the Avi-On Pro demonstration in booth number 457; and embedded as part of a Leotek area lighting demonstration in booth number 2841. Established in 2004, ERP designs and manufactures small, smart and efficient LED driver power electronics for architectural, commercial and industrial lighting applications. Powerful ERP products deliver an industry-leading combination of compact size, extensive dimmer compatibility, wireless controls, programmable output, and high efficiency at competitive cost. Headquartered in Moorpark, CA, ERP owns and operates its own ISO 9001 certified manufacturing facility to ensure quality of design, sourcing, production and testing. Learn more online at www.erp-power.com or by emailing SaveEnergy@erp-power.com. Angeles Equity Partners is a private equity firm that invests in companies across a wide range of industrial sectors and specifically targets businesses which it believes can directly benefit from the firm’s deep expertise in operational transformation and strategic repositioning. This skill set drives the firm’s investment philosophy and, in its view, can help underperforming businesses reach their full potential. Learn more online at www.angelesequity.com. LIGHTFAIR® International is the world’s largest annual architectural and commercial lighting trade show and conference and is sponsored by the Illuminating Engineering Society (IES) and the International Association of Lighting Designers (IALD). The event is produced and managed by AmericasMart® Atlanta. For more information, please visit LIGHTFAIR.COM. Join the #LFI2017 conversation on Facebook, Twitter @lightfair, Instagram @lightfair_international, LinkedIn and YouTube.


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

PHILADELPHIA & MANITOWOC, Wis.--(BUSINESS WIRE)--Orion Energy Systems (NASDAQ: OESX) (Orion Lighting), a leading designer and manufacturer of high performance, energy-efficient LED retrofit lighting products, unveiled four new LED lighting products at the LIGHTFAIR® International Trade Show and Conference (booth #401) at the Pennsylvania Convention Center in Philadelphia, PA. The industry leading products deliver significantly more energy savings than comparable products on the market and are designed to serve as a connected lighting platform that delivers business solutions beyond energy savings and lighting performance. In addition to the four new products Orion is launching exclusively at LIGHTFAIR 2017, the company will showcase a wide array of the state-of-the-art LED lighting products it has released over the past year. The New ISON LED LDR® Retrofit Modular Gourmet with Britex™ delivers business solutions to the foodservice industry. Designed to easily integrate with smart controls, the high-performance luminaire has the power to elevate guest and staff experiences, improve food safety, and enhance the appearance of food products with a variety of light levels and color temperatures. The New APOLLO Generation III LED High Bay is designed for industrial, commercial, and retail applications – both high bay and low bay. At 165 lumens per watt, the Apollo Gen III is the highest performing luminaire in its class. The New APOLLO LED High Lumen High Bay and High Bay Plus are designed to provide powerful high bay or low bay illumination for industrial, warehouse, manufacturing, commercial, wholesale, and retail applications. The New HARRIS Generation II LED High Bay is ideal for industrial, commercial, and retail customers seeking a cost-effective solution to deliver energy savings and maintenance reductions over traditional linear fluorescent high bay lighting systems. Orion CEO John Scribante commented, “Our new state-of-the-art lighting solutions focus on delivering improved performance, ease of installation and meaningful long-term savings. Building on this value pillar, our solutions are easily integrated with lighting control technologies to create a ‘Connected Lighting Platform’ that provides even more ways for our customers to optimize lighting system performance and cost. The connected lighting ceiling provides a facility-wide platform to host new and future Internet of Things (IoT) technologies designed to deliver even greater business intelligence applications, from asset tracking to space occupancy and material handling efficiency in addition to lighting system operation. Orion lighting systems not only enable this potential, but also help to fund the investment through energy efficiency and lower installation and maintenance costs.” For a complete list of the features and benefits of Orion’s newly launched products, visit orionlighting.com. LIGHTFAIR® International is the world’s largest annual architectural and commercial lighting trade show and conference and is sponsored by the International Association of Lighting Designers (IALD) and the Illuminating Engineering Society (IES). 1. Based on replacing 1,000 3-lamp T8 troffer fixtures consuming 88 watts with Orion’s ISON LED LDR Troffer Retrofit Modular Gourmet fixtures consuming 102 watts, operating 6,000 hours per year at an electric rate of $0.11. 2. Based on replacing 1,000 6-lamp T8 high bay fixtures consuming 221 watts with Orion’s APOLLO LED High Bay, Generation III fixtures consuming 102 watts, operating 6,000 hours per year at an electric rate of $0.11. 3. Based on replacing 1,000 6-lamp T8 high bay fixtures consuming 221 watts with Orion’s APOLLO LED High Bay Plus fixtures consuming 139 watts, operating 6,000 hours per year at an electric rate of $0.11. 4. Based on replacing 1,000 6-lamp T8 high bay fixtures consuming 221 watts with Orion’s HARRIS LED High Bay Generation II fixtures consuming 121 watts, operating 6,000 hours per year at an electric rate of $0.11. Orion is a leading designer and producer of energy efficient lighting and retrofit lighting solutions for commercial and industrial buildings. Orion manufactures and markets connected lighting systems encompassing LED solid-state lighting and smart controls. Orion systems incorporate patented design elements that deliver significant energy, efficiency, optical, and thermal performance that drive financial, environmental, and work-space benefits for a wide variety of customers, including nearly 40 percent of the Fortune 500.

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