News Article | November 24, 2016
Stabilization of the doping profile by counter-ion immobilization in self-compensated doped polymer organic semiconductors. Credit: (c) Nature (2016). DOI: 10.1038/nature20133 (Phys.org)—A team of researchers from Singapore and the U.K. has found that using a particular type of polymer allowed for creating interfacial layers (IFLs) in optoelectronic devices with improved performance and stability. In their paper published in the journal Nature, the team describes their technique and their results when they made actual devices using the polymer. Antonio Facchetti with Northwestern University offers a News & Views piece on the work done by the team in the same journal issue and outlines some of the benefits of self-compensated polymers as well as some of the hurdles that will need to be overcome before they can be used in commercial products. To make optoelectronic devices a layering technique is used—a thin film conductor is caused to be in contact with a semiconductor allowing an electric charge to move between them—to facilitate the transfer an IFL is placed between them. But as Facchetti notes, conventional IFLs are considered to be inefficient—improvements would allow greater efficiency in solar cells, for example. In this new effort, the researchers suggest a particular type of polymer, part of a group called π-conjugated polymers—a type of stable polymer with high doping content that has a self-compensation mechanism that involves covalently bonded counter ions that serve to block the migration of dopants—they offer not only improved efficiency but stronger performance and more stability. But, as Facchetti also notes, most such polymers in their native state are not able to transfer large numbers of charged particles—to overcome that problem the researchers used a chemical doping process that caused the charge carriers to become denser which in turn caused the polymer to become much more conductive. To test their ideas, the researchers modified several devices (solar cells, LEDs, photodiodes, etc.), replacing conventional IFLs with ones they had created and then tested their performance. The team reports that the expected improvements in efficiency were realized, which they note, suggests such polymers have the potential to improve the efficiency of a wide variety of optoelectronic devices. More work will need to be done though before that can be proven—first it remains to be seen if such polymers can be scaled up and then it must be shown that they can stand up to the rigors of real-world demands. Explore further: New polymer able to store energy at higher temperatures More information: Cindy G. Tang et al. Doped polymer semiconductors with ultrahigh and ultralow work functions for ohmic contacts, Nature (2016). DOI: 10.1038/nature20133 Abstract To make high-performance semiconductor devices, a good ohmic contact between the electrode and the semiconductor layer is required to inject the maximum current density across the contact. Achieving ohmic contacts requires electrodes with high and low work functions to inject holes and electrons respectively, where the work function is the minimum energy required to remove an electron from the Fermi level of the electrode to the vacuum level. However, it is challenging to produce electrically conducting films with sufficiently high or low work functions, especially for solution-processed semiconductor devices. Hole-doped polymer organic semiconductors are available in a limited work-function range, but hole-doped materials with ultrahigh work functions and, especially, electron-doped materials with low to ultralow work functions are not yet available. The key challenges are stabilizing the thin films against de-doping and suppressing dopant migration. Here we report a general strategy to overcome these limitations and achieve solution-processed doped films over a wide range of work functions (3.0–5.8 electronvolts), by charge-doping of conjugated polyelectrolytes and then internal ion-exchange to give self-compensated heavily doped polymers. Mobile carriers on the polymer backbone in these materials are compensated by covalently bonded counter-ions. Although our self-compensated doped polymers superficially resemble self-doped polymers, they are generated by separate charge-carrier doping and compensation steps, which enables the use of strong dopants to access extreme work functions. We demonstrate solution-processed ohmic contacts for high-performance organic light-emitting diodes, solar cells, photodiodes and transistors, including ohmic injection of both carrier types into polyfluorene—the benchmark wide-bandgap blue-light-emitting polymer organic semiconductor. We also show that metal electrodes can be transformed into highly efficient hole- and electron-injection contacts via the self-assembly of these doped polyelectrolytes. This consequently allows ambipolar field-effect transistors to be transformed into high-performance p- and n-channel transistors. Our strategy provides a method for producing ohmic contacts not only for organic semiconductors, but potentially for other advanced semiconductors as well, including perovskites, quantum dots, nanotubes and two-dimensional materials.
News Article | December 9, 2016
These trees do more than just add ambiance. Harnessing the wind to generate electrical energy usually brings to mind thoughts of huge land- or ocean-based wind farms consisting of huge towers with two or three blades, each more than 100-feet long, on the top. The size, weight, noise, and vibration of industrial wind turbines restrict their use to large open spaces. Newwind, a French startup, has developed a much smaller, urban-space-friendly “Wind Tree,” reports Electrek. The Wind Tree, which produces sufficient energy to power small buildings or streetlights, is designed to connect to a nearby energy storage system. The trees are each about 30 feet tall and 26 feet in diameter, and weigh approximately 5,500 pounds. Each tree has 54 Aeroleafs mounted vertically on tree branches. The Aeroleafs are 3.2 feet high and, spinning at optimum speed, are capable of generating 65 watts each. So, a tree with 54 leaves has an energy-generation capacity maximum of 3,510 watts (3.5kW), about the same as a small home solar installation. More: Amazon Wind Farm Texas is expected to produce 1 million megawatt hours per year The Wind Tree isn’t intended for residential applications or city streets, as it needs a good deal of space. The closest building must be at least 32 feet away and the tree needs to be installed within 164 feet of an electrical panel to which it attaches. The prime application, according to the company, is for civil engineering and city landscaping projects. The tree’s leaves are held in place with a magnet assembly and can generate energy at speeds as low as 4.5 mph, without distracting sound. According to Newwind, “Current is generated by a (rotor) magnet assembly, which is rotated by a blade moving across circuit (stator). Micro-electricity generation is created with and multiple turbines combine to capture the lowest winds and accumulate their power.” The trees are made of steel and the leaves of lightweight plastic that is “treated with a resin which protects it from weather conditions such as humidity and salt” according to IFL Science. Electrek reported that Newwind has “planted” more than 40 wind trees in France and is now exploring market possibilities in the U.S. The trees currently cost $67,500 each before delivery and installation, which again rules them out for most residential applications, even if you have the required space. It’s interesting to see developing technologies that could work alone or in conjunction with solar installations to produce energy without using fossil fuels.
News Article | February 28, 2017
ALHAMBRA, Calif., Feb. 28, 2017 (GLOBE NEWSWIRE) -- EMCORE Corporation (NASDAQ:EMKR), a leading provider of advanced Mixed-Signal Optics products that provide the foundation for today’s high-speed communication network infrastructures and leading-edge defense systems, announced today the introduction of the 5200 Series, 3 and 6.5 GHz Fiber Optic Links for satellite communications and wireless applications. The 5200 series are a compact, weatherproof fiber optic transmitter and receiver pair for Inter-Facility Link (IFL) applications where high-performance under demanding conditions is critical. EMCORE will debut its new 5200 series fiber optic links at Satellite 2017, booth #1736, March 7-9 at the Walter E. Washington Convention Center, Washington, DC. EMCORE’s 5200 series fiber optic IFLs provide highly-linear, low-noise operation and function as transparent RF fiber links. They eliminate the limitations of copper systems by enabling longer transmission distance while retaining the highest level of signal quality. In addition, EMCORE’s IFLs provide several other significant network advantages, including simplified network design, ease of installation, and immunity from EMI/RFI and lightning. 5200 series transmitter and receiver pairs are available in two frequency range models for tailoring to specific customer requirements. The 5200 3 GHz has frequency response from 20 MHz – 3000 MHz and the 5200 6.5 GHz ranges from 20 MHz – 6500 MHz. The 5200 3 GHz includes 50 ohm SMA and 75 Ohm BNC options with LNB power options of 13 v /18 v / 22 kHz and the 6.5 GHz features 50 ohm SMA. Each model allows for up to four flange-mount modules per 1RU chassis, and both include variable RF gains. “With bandwidth up to 6.5 GHz and adjustable gain control with high-dynamic-range, our 5200 transmitter and receiver modules are the most versatile microwave link modules in the marketplace,” said Dr. Henry Cheung, EMCORE’s Senior Product Director for satellite RF fiber optic transport products. “With other optional features including IP66 weatherproof housing and LNB or GPS voltage output, they support a broad range of applications including earth stations, TVRO, VSAT and 5G wireless systems,” added Dr. Cheung. In addition to the 5200 series, EMCORE will showcase its complete line of satellite communications RF transport products at Satellite 2017, featuring the modular Optiva platform and the latest release of the EMCOREView Management & Control Suite. EMCOREView features a new graphical user interface that makes remote monitoring and control of Optiva enclosures and modules simple. Through the utilization of Simple Network Management Protocol (SNMP), the Optiva EMCOREView Controller Card (model OPV-CTLR-IC) operates under a uniform software platform which allows for efficient integration with other devices. It collects data coming from any Optiva enclosure and the Optiva EMCOREView software analyzes and displays the data to the user. For more information on the 5200 series, the EMCOREView Management & Control Suite and the Optiva platform, please visit us at Satellite 2017, booth #1736, or at www.emcore.com. About EMCORE EMCORE Corporation is a leading provider of advanced Mixed-Signal Optics products that provide the foundation for today’s high-speed communication network infrastructures and leading-edge defense systems. Our optical chips, components, subsystems and systems enable broadband and wireless providers to continually enhance their network capacity, speed and coverage to advance the free flow of information that empowers the lives of millions of people daily. The Mixed-Signal Optics technology at the heart of our broadband transmission products is shared with our fiber optic gyros and military communications links to provide the aerospace and defense markets state-of-the-art systems that keep us safe in an increasingly unpredictable world. EMCORE’s performance-leading optical components and systems serve a broad array of applications including cable television, fiber-to-the-premise networks, telecommunications, wireless infrastructure, satellite RF fiber links, navigation systems and military communications. EMCORE has fully vertically-integrated manufacturing capability through its world-class Indium Phosphide (InP) wafer fabrication facility at our headquarters in Alhambra, California and is ISO 9001 certified in Alhambra, and at our facilities in Warminster, Pennsylvania and China. For more information, please visit www.emcore.com. Forward-looking statements: The information provided herein may include 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, as amended. Such statements include statements regarding EMCORE's plans, strategies, business prospects, growth opportunities, changes and trends in our business and expansion into new markets. These forward-looking statements are based on management's current expectations, estimates, forecasts and projections about EMCORE and are subject to risks and uncertainties that could cause actual results and events to differ materially from those stated in the forward-looking statements, including without limitation, the following: (a) the rapidly evolving markets for EMCORE’s products and uncertainty regarding the development of these markets; (b) EMCORE’s historical dependence on sales to a limited number of customers and fluctuations in the mix of products and customers in any period; (c) delays and other difficulties in commercializing new products; (d) the failure of new products: (i) to perform as expected without material defects, (ii) to be manufactured at acceptable volumes, yields, and cost, (iii) to be qualified and accepted by our customers, and (iv) to successfully compete with products offered by our competitors; (e) uncertainties concerning the availability and cost of commodity materials and specialized product components that we do not make internally; (f) actions by competitors; and (g) other risks and uncertainties discussed under Item 1A - Risk Factors in our Annual Report on Form 10-K for the fiscal year ended September 30, 2015, as updated by our subsequent periodic reports. Forward-looking statements contained in this press release are made only as of the date hereof, and EMCORE undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
News Article | December 30, 2015
Yes, 2015 was another banner year for filming the future. A deluge of new sci-fi movies have debuted since last January—we saw big budget sci-fi blockbusters, fun, competent genre exercises, and stellar, mind-bending new concoctions. That meant still more post-apocalypses (but maybe the best yet) and interstellar dogfights, but it also meant fresh, incisive stories about gender politics and transhumanism, and experimental future-weary fables, too. Oh, and it meant a new Star War. The major themes that bubbled up in the year’s science fictional slipstream included income inequality, artificial intelligence, transgender rights, and the power and necessity of the scientific endeavor itself. Young adult dystopias showed signs of flagging, while classic-mold sci-fi mega franchises boomed (with one exception). There were not one but two great feminist-leaning SF films; one a bona fide blockbuster hit, another a powerful, slow-burning indie. There was an already-beloved animated short about our possible futures. Looking at the year’s most impactful sci-fi films is, in other words, a pretty good way to gauge the zeitgeist in how we’re processing the future, with a few very big exceptions. Climate change, mass shootings, and racial injustice were conspicuously absent from the cinema scene, despite having been era-defining, society-threatening ills for years now. Maybe those issues were tackled in the 50 some-odd small budget films that came out this year—the new sci-fi B-movie deluge is another sign of the resurgence of the genre—and I just missed them. Regardless, there was a wealth of future fictional ideas to soak in, examine, and debate. These are the SF films that defined 2015. The familiarly twisty time travel action narrative—agent goes back in time to stop an atrocity—gets a gender fluid facelift with Predestination. Even though it’s based on a Robert Heinlein short from the 60s, thanks in part to stellar acting from Sarah Snook, the story takes on a newfangled immediacy. The protagonist is a gender-swapping Renaissance woman who is capable of kicking ass, topping her class, and traveling through time, but who’s never really sure of who she is. The central metaphors are carried a bit awkwardly, blunt as they are—we contain multitudes, can we ever really change who we are, etc—and the film is ultimately more comfortable serving as a classic sci-fi time travel adventure tale. At that, it ably succeeds, grandfather paradoxes be damned. This year may have seen the wearied death shudder of dystopian young adult sci-fi popcorn flicks. In 2015, there were no fewer than three releases in this genre, which, five years ago hardly existed; the final Hunger Games installment, the second Divergent film, Insurgent, and The Scorch Trials, the second volume in the okay I give up who can even keep track of which hero/ine is rising up against which cartoonish oppressor anymore. As the kids who once comprised these films’ target audience graduate from the high schools whose social politics the stories are modeled after, and as those kids begin looking to bigger and bolder and more mature franchises, and as the overstuffed genre gets bogged down with more cookie cutter teen heroes and villains, it’s finally beginning to wane. For the second time in a row, a Hunger Game “disappointed” at the box office, and its copycats didn’t kill, either. There is fatigue with the format, even though Katniss Everdeen is a great character, and rightly enshrined as a vital Young Adult heroine. Because, well, we get it: The world is unfair, but good prevails and those unfair things all collapse if you try really really hard. Except, not. This year we got not one but two big screen meditations on body transference and our newfangled aspirations toward immortality. Self/Less may actually turn out to have been a bit too far ahead of its time. No, the film isn’t great, but the target it’s ultimately skewering is still lingering on the fringes: The desire, especially of the rich, to harness technology to live forever. Elite transhumanism, in other words. The film focuses on a wealthy old tycoon (Ben Kingsley) who arranges to be transferred into a younger body (Ryan Reynolds)—a clone, he’s told—that turns out to have belonged to a war vet who sacrificed himself to pay his ailing child’s medical bills. There’s an astute and pertinent allegory here, even if the film devolves into a fairly mindless shoot ‘em up: The techno-elite rich are literally sucking the life out of the less fortunate. The message resonates; the urge to immortality is revealed as destructive fanaticism, the greedy rich are given a chance to redeem themselves by returning the resources they plundered from the poor. Advantageous is by far the better film. It’s sort of A Handmaid’s Tale meets Black Mirror. Directed by Asian American filmmaker Jennifer Phang, it just drips plausibility in its depiction of a patriarchal future where there’s no safety net, the inequality gap is yawning, and women are cast out of jobs when their looks fade. It’s a somber, deeply claustrophobic film that makes you feel this sterile but desolate future through its aching, struggling, and desperate characters. It’s another piece in which a protagonist opts into a body transfer, for entirely different, and heartbreaking, reasons. Nothing short of a misogynist, institutionally racist, and greed-driven capitalist society is in the sights here, as the men, even the execs, are either impotent or pathetic. I can’t think of another SF drama I’ve seen recently that so vigorously and comprehensively examines gender politics and projects them into the future. It’s not perfect—the last quarter lags, and the ending feels a bit like a compromise—but it will shove your nose in a rapidly-arriving tomorrow with iniquities intact. The Repulsive World Where Science Never Happens This is probably the most repulsive, unpleasant film I’ve ever seen. It is teeming with feces, blood, guts, bodily fluids of every stripe, and it is crowded with the thick textures of death. There’s barely any plot, it’s in washed out black and white, and it is three hours long. It’s also fascinating. Insofar as there’s a story (adapted from a 1964 Boris Sturgatsky novel by Alexei German, who spent decades on God, his final project, before dying just short of its completion, in 2013), it’s that scientists from Earth have been sent to a planet much like our own, with a human population that’s apparently a few hundred years behind in terms of development. Anton, one said scholar, is to study the emergence of the brutal medieval culture’s Renaissance, firsthand. Only thing is, enlightenment never comes; power-mad rulers, warlords, and cultish sects start snuffing out the emerging intelligentsia, free thinkers, and just about everyone else, really. The insinuation is that it’s pretty miraculous that we Earthbound humans have come as far as we have—there are plenty of possible futures where we’re stuck in the middle ages. It’s also a stirring comment on the anti-science, anti-progressive voices of our own era. Hard to Be a God makes the case better than any film I know of that life without progress is not just nasty, brutish, and short, but eventually, torturous and hellish. More visceral and disturbing than any post-apocalyptic fantasy, this depiction of a world without science is among the most gut-wrenching, original, and affecting science fiction films yet made. I was hesitant to see Inside Out at first, notwithstanding my (our, everyone’s) love of Pixar. The central conceit—that the human body is robotic; to be monitored, administered, and repaired as if it were machinery—had me worried that it’d act as a tacit endorsement of our Ritalin-happy attitude toward mental health. But Inside Out was less a pusher than a taker; it simply used sci-fi trappings like spaceship command centers, arcing screens, and control panels an ultra-modern metaphor for the emotional turmoil of growing up. Nothing inhuman was needed to overcome Riley’s distress. She took no pills, pulled no levers. The film was just using a brand new, sci-fi-indebted language to enrich its allegory. It was a whole new kind of great. The Affirmation of the Sci-Fi Mega-Franchise If we’re talking purely in terms of reach, then Star Wars: The Force Awakens is, hands down, the SF film that defined 2015. It’s already made well more than a billion dollars. In like ten days. Its promotional campaign will now set the golden standard for future mega-films; a slow drip that pools to total saturation with such precision that nobody noticed it happening—yet everyone knew they had to see the thing, immediately. Like the year’s previous mega-earner, Jurassic World, Force Awakens barely brings anything new to the table in terms of ideas. (Same goes for Terminator: Genisys, which disappointed critically and domestically, but was nonetheless a megahit overseas, and Mission Impossible 5, which pulled in big bucks, too.) But it’s roundly decreed, box office-verified mega-success means that the Marvel Universe model will now expand to include any successful film or franchise capable of bearing sequels or spinoffs. A Star Wars shared universe is on the horizon; Rogue One is up next year. This has pros and cons: These massive financial investments fly the banner high for science fiction, but they do so by leaning on well-worn narrative curves and mining nostalgia; the bane of a genre that should thrive on innovation. Sci-Fi for the Age of IFL Science The Martian was a both a celebration of science itself and a damned fun movie to watch. The film is set in an optimistic near-future (for once) that both feels and looks plausible, and the story is essentially an extended paean to human ingenuity. It’s a tribute to NASA, to botanists (and physicists and astronomers and engineers), to the spirit of collective achievement and international cooperation, to progress itself. There is no villain. No vastly pie-in-the-sky technology. And importantly, no wasted time. It’s exciting as hell. It was everything Tomorrowland tried to stand for but couldn’t muster. In our moment of renewed action on the united space front, with SpaceX launching reusable rockets, Virgin Galactic’s orbital tourism creeping closer, and Elon Musk and Mars One contextualizing the idea of colonizing the red planet as a generational possibility, this can-do spirit is firmly in the zeitgeist. Even if it isn’t really competence porn, it’s the sort of highly aspirational, exciting, and rewarding narrative the times call for—especially as Republicans are trying to defund NASA, NOAA, and other scientific institutions in Congress. This is precisely the kind of movie I’d love to show my unborn son when he’s old enough. A New Brand of Fable for the Future-Weary No, not Tomorrowland. This 16-minute animated short probably cost less than Harrison Ford’s trailer on the Force Awakens set, but it’s as stirring a portrait of the future—and how we think about the future—as anything that emerged this year. World of Tomorrow was a two-year labor of love, borne out of acclaimed animator Don Hertzfeldt’s experimentation with digital tools. If at first it seems overly cutesy, watch on; the future that unfolds is poignant, absurd, funny, melancholy, and true as anything blasted onto a big screen canvas. The protagonist is 4-year-old Emily, who receives a visit from a time-traveling clone of herself, generations and hundreds of years into the future. As future-Emily explains all of the progress that’s set to unfold, from the immersive Outernet to solar-powered moon-harvesting robots to memory-mining, current-Emily happily mumbles on in toddler-speak. Even in the face of “we are all going to die horribly” Emily points at the shooting stars—that are actually human bodies burning up upon reentry—and calls them pretty. “Do not lose time on daily trivialities,” future-Emily intones. “Do not dwell on petty detail. For all of these things melt away and drift apart within the obscure traffic of time. Live well and live broadly. You are alive and living now. Now is the envy of all of the dead.” You could also read it this way: Don’t spend too much time worrying about the future. It’s a fitting metaphor at a moment when so many trajectories seem to lie before us; a singularity there, a mass extinction here, total digital devolution everywhere. And we’re like children in the face of it all, with no idea how it will all ultimately play out—but optimistic, whether we should be or not. The Rise of the Machines (and the Paranoid Indie SF Thriller) Slyly paranoid, creepy and captivating, Ex Machina is the perfect film for our techno-moment. We’re both hooked on and terrified of our smartening world; that world is constantly breaking down, after all. At its core, Machina is a fairly old school Frankenstein story about the perils of creating lifelike robots that, yes, eventually run amok. But it draws in interesting questions about human-on-robot sexual politics, too, as it considers and skewers the modern tech guru who literally wants to fuck the future. Machina is the deepest gray in science fiction’s color spectrum—a representative of the fast-ascendant genre of technophobic indie films that, like Advantageous, work insidiously to lodge a particular question in your brain. Machina’s is: What is it that we’re after, really? Companionship? Pleasure? Conquest? Are we creating just for the sake of creating at this point, and will we know when to stop? Apparently, no one really seems to think so. What the End Feels Like The biggest surprise of the year was delivered in our tiredest genre. Max breathed new life not just into the erstwhile Mel Gibson vehicle, but the entire post-apocalypse playground. This film was alive with the stench of death. For once, the world actually felt ended. The environment thoroughly decayed, in a deeply resonant aesthetic for a parched planet. The tribes that filled the vacuum felt menacing; plausible in their macabre surreality. Of course a bizarre machine-worshipping cult takes power, seeking to cage and destroy and control women. And of course women will take it back. Putting the rebelling general Furiosa at center stage was brilliant—the empowered heroines not only rebel, but win the day, take power, literally ascend from the ashes of primitive patriarchy. The film’s final moments are anarchic and joyous, capping off an onslaught of inventive big screen thrills. It was an expert feat of action filmmaking, too—a long surge of adrenaline through a bleak, expertly detailed future wasteland—and it gave feeling, a pulse, to that grimmest possible outcome. The world could be wrecked, and if you’re not a Furiosa or a Max, you’re probably not going to survive it. It’s going to hurt. It’s a dirt-stained, exclamation point-addled note to humanity, delivered to multiplexes around the globe: Don't blow it.
News Article | December 21, 2016
- First flight confirms IFL Group as launch customer of modified aircraft for cargo use MONTRÉAL, QUÉBEC--(Marketwired - Dec. 21, 2016) - Bombardier Commercial Aircraft announced today that it has delivered the first CRJ200 Special Freighter (CRJ200SF) aircraft to launch operator Gulf & Caribbean Cargo, Inc. Dba IFL Group (IFL Group) of Waterford, Michigan. The CRJ100SF/CRJ200SF jets are converted from the passenger version of the aircraft by Aeronautical Engineers, Inc. (AEI) of Miami who is a Bombardier-licensed Third Party Supplemental Type Certificate (STC) provider. The freighter design includes a large 94 in. x 77 in. (238.7 cm x 195.6 cm) cargo door, hold up to 14,840 lbs. (6,731 kg) of payload on the main deck and offer eight 61.5" X 88" pallet positions for containerization. "CRJ100 and 200 jets are the assets upon which regional airlines have built their existence, however they are gradually being replaced in favor of larger aircraft and are finding homes in secondary markets with modifications such as AEI's freighter conversions," said David Speirs, Vice President, Asset Management, Bombardier Commercial Aircraft. "We are continuing to see growing interest in these pre-owned aircraft from both traditional and emerging sectors of the industry." "The CRJ100 and 200 operator base has grown by about 120 per cent over the past eight or nine years, a strong indication of the aircraft's continuing strength, versatility and appeal," added Mr. Speirs. "To date, we have received commitments for 45 aircraft conversions from a variety of operators and we fully expect to convert over 100 aircraft over the life of the program," said Robert Convey, Vice President, Sales and Marketing, Aeronautical Engineers. "I believe that most CRJ100SF, CRJ200SF aircraft will be operated on longer-range regional services with thin demand that require the speed of a jet but can't support larger narrow-body freighters." "Speed and on-time performance are vital factors for success in a growing air freight industry," said Michael Church, President, IFL Group. "The reliability of the CRJ aircraft have made their mark in the highly-competitive and fast-paced world of regional airline operations and we're confident that will continue in our air freight business." Every 10 seconds a CRJ Series regional jet takes off somewhere in the world. The CRJ Series family of aircraft has transported almost 1.6 billion passengers to become the world's most successful regional jet program -- linking people and communities like no other. The CRJ Series regional jets have revolutionized aviation with their proven efficiency, reliability and profitability. The CRJ Series regional jets share commonality benefits that provide flexibility to operators and allow them to optimize their fleets to meet specific market demands. No other regional aircraft deliver this capability. Optimized for medium-haul regional routes, these aircraft can provide up to 10 per cent cash operating cost advantage over competing jets. Each of the CRJ aircraft models offers its own distinct advantages. The CRJ200 regional jet offers outstanding ownership cost, ideal for opening new routes and markets. The CRJ700 regional jet is the lightest aircraft in its category, delivering impressive efficiency, performance and fuel burn savings, while the CRJ900 regional jet offers tremendous flexibility and is ideally suited for growing markets. The CRJ1000 regional jet, which has the highest passenger capacity in the family, delivers the lowest seat-mile cost in the regional jet market and burns up to 13 per cent less fuel than its competitors. Since its launch, the CRJ Series family of regional jets has stimulated the regional jet market. In North America alone, it accounts for over 20 per cent of all jet departures. Globally, the family operates more than 200,000 flights per month. The CRJ Series aircraft family includes over 100 owners and operators in 49 countries, and the worldwide fleet has logged more than 45 million flight hours. To date, Bombardier has booked firm orders for 1,902 CRJ aircraft. Aeronautical Engineers, Inc. (AEI) is a global leader in the aircraft passenger-to-freighter conversion business and is the oldest conversion company in existence today. Since the company's founding in 1958, AEI has developed over 125 Supplemental Type Certificates (STCs) and converted over 430 aircraft. AEI helps its customers extend aircraft life and increase the overall value of aircraft assets by continuously focusing on dependable and flexible product offerings. www.aeronautical-engineers.com The IFL Group has been safely flying air freight since 1983 when it began operating on-demand flights (Charter) out of Pontiac, Michigan. The fleet grew as its reputation for service spread. Today, the company is an efficient Part 135 and Part 121 operator of multiple aircraft types, IFL Group has ably served the needs of its customers, safely and securely. It continues to strive to be the benchmark for customer-focused air transportation and has operations now extended throughout the United States, Canada, the Caribbean, and well into Latin America. Bombardier is the world's leading manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation. Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability North America Index. In the fiscal year ended December 31, 2015, we posted revenues of $18.2 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier Images of the CRJ200SF aircraft are posted with this press release at www.bombardier.com. For more information on CRJ Series aircraft, visit http://news.commercialaircraft.bombardier.com. Follow @BBD_Aircraft on Twitter to receive the latest news and updates from Bombardier Commercial Aircraft. To receive our press releases, please visit the RSS Feed section of Bombardier's website. Bombardier, CRJ Series, CRJ100, CRJ200, CRJ100SF, CRJ200SF and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries.
News Article | December 21, 2016
- Le vol inaugural confirme IFL Group comme client de lancement de l'avion modifié pour utilisation cargo MONTRÉAL, QUÉBEC--(Marketwired - 21 déc. 2016) - Bombardier Avions commerciaux a annoncé aujourd'hui que le premier avion-cargo CRJ200 Special Freighter (CRJ200SF) a été livré à l'exploitant de lancement Gulf & Caribbean Cargo, Inc. Dba IFL Group (IFL Group), de Waterford (Michigan). Les biréacteurs CRJ100SF/CRJ200SF sont convertis de la version passagers par Aeronautical Engineers, Inc. (AEI) de Miami qui est un fournisseur agréé de Bombardier en vertu d'un certificat de type supplémentaire. La conception de l'avion-cargo prévoit une grande porte de soute de 238,7 cm x 195,6 cm (94 po x 77 po), pouvant transporter jusqu'à 6 731 kg (14 840 lb) de charge payante sur le pont principal et offrant huit positions de palette de 61,5 po x 88 po pour conteneurisation. « Les biréacteurs CRJ100 et 200 sont des actifs sur lesquels les transporteurs aériens régionaux ont bâti leur existence, mais ils sont graduellement remplacés au profit d'avions plus grands et trouvent leur place sur des marchés secondaires avec des modifications comme les conversions en avion-cargo effectuées par AEI », a déclaré David Speirs, vice-président de la Gestion des actifs de Bombardier Avions commerciaux. « Nous continuons de voir croître l'intérêt à l'égard de ces avions d'occasion tant chez les secteurs traditionnels que chez les secteurs émergents de l'industrie. » « La base des exploitants des avions CRJ100 et 200 s'est accrue d'environ 120 pour cent depuis huit à neuf ans, ce qui témoigne de la solidité, de la polyvalence et de l'attrait soutenus de ces avions », a ajouté M. Speirs. « À ce jour, nous avons reçu des engagements pour 45 conversions d'avion de divers exploitants et nous prévoyons convertir plus de 100 avions pendant toute la durée de vie du programme », a affirmé Robert Convey, vice-président des Ventes et du Marketing d'Aeronautical Engineers. « Je suis convaincu que la plupart des avions CRJ100SF et CRJ200SF seront exploités sur des liaisons régionales long-courriers à la demande faible qui exigent la vitesse d'un avion à réaction, mais qui ne peuvent soutenir les plus gros avions-cargos à fuselage étroit. » « La vitesse et la ponctualité sont des facteurs essentiels à la réussite dans le secteur du fret aérien qui est en plein essor », a indiqué Michael Church, président d'IFL Group. « La fiabilité des avions CRJ a fait sa marque dans un contexte où les opérations de transport aérien régional sont hautement concurrentielles et évoluent constamment. Nous sommes donc convaincus que cela se maintiendra dans notre secteur du fret aérien. » Toutes les 10 secondes, un biréacteur régional CRJ Series décolle quelque part dans le monde. La gamme d'avions CRJ Series a transporté près de 1,6 milliard de passagers pour devenir le programme de biréacteurs régionaux le plus populaire du monde - reliant les gens et les collectivités comme aucun autre appareil. Ces biréacteurs ont révolutionné l'aviation par leur efficacité, leur fiabilité et leur rentabilité reconnues. Les biréacteurs régionaux CRJ Series partagent les avantages d'éléments en commun qui assurent la souplesse des exploitants et leur permettent d'optimiser leurs flottes afin de répondre aux exigences particulières de chaque marché. Aucun autre avion régional n'offre ce potentiel. Optimisés pour les liaisons régionales moyen-courriers, ces avions procurent un avantage pouvant aller jusqu'à 10 pour cent sur le plan des décaissements d'exploitation comparativement aux avions à réaction concurrents. Chacun des modèles d'avions CRJ présente ses propres avantages distincts. Le biréacteur régional CRJ200 offre des coûts de propriété exceptionnels, idéaux pour l'ouverture de nouvelles liaisons et de nouveaux marchés. Le biréacteur régional CRJ700 est l'avion le plus léger de sa catégorie, assurant efficacité, performance et économies de carburant impressionnantes, tandis que le biréacteur régional CRJ900 offre une très grande souplesse et est idéal pour les marchés en croissance. Le biréacteur régional CRJ1000, qui présente la plus grande capacité passagers de cette gamme d'avions, affiche les plus faibles coûts par siège-kilomètre sur le marché des avions régionaux et consomme jusqu'à 13 pour cent de moins de carburant que ses concurrents. Depuis son lancement, la gamme de biréacteurs régionaux CRJ Series a stimulé le marché de l'aviation régionale. En Amérique du Nord seulement, elle représente plus de 20 pour cent de tous les départs par avion à réaction. À l'échelle mondiale, cette gamme d'avions assure plus de 200 000 vols par mois. La gamme d'avions CRJ Series compte plus de 100 propriétaires et exploitants dans environ 49 pays et la flotte mondiale a enregistré plus de 45 millions d'heures de vol. À ce jour, Bombardier a enregistré des commandes fermes pour 1 902 avions CRJ. Aeronautical Engineers, Inc. (AEI) est un chef de file mondial dans les activités de conversion des avions passagers en avions-cargos, ainsi que la plus ancienne société de conversion existante aujourd'hui. Depuis la fondation de l'entreprise en 1958, AEI a développé plus de 125 certificats de type supplémentaires et converti plus de 430 avions. AEI aide ses clients à prolonger la vie utile de leurs avions et à accroître la valeur globale de leurs actifs aéronautiques en visant toujours à offrir des produits fiables et polyvalents. www.aeronautical-engineers.com Le IFL Group transporte du fret aérien en toute sécurité depuis 1983, année où il a commencé à exploiter des vols nolisés au départ de Pontiac (Michigan). Sa flotte s'est accrue à mesure que la réputation de son service s'est étendue. Aujourd'hui, la société est un exploitant efficace en vertu des chapitres 135 et 121 de multiples types d'avions. IFL Group a servi avec compétence, sûreté et sécurité les besoins de ses clients. Il continue de travailler à demeurer la référence en matière de transport aérien axé sur le client et ses activités s'étendent maintenant dans tous les États-Unis, au Canada, dans les Antilles et jusqu'en Amérique latine. Bombardier est le leader mondial de la fabrication d'avions et de trains. Regardant vers l'avenir tout en repoussant les limites du présent, Bombardier fait évoluer la mobilité en répondant à la demande mondiale en moyens de transport plus efficaces, plus durables et plus agréables. Notre leadership résulte d'un vaste éventail de véhicules, de services et, surtout, de nos employés. Le siège social de Bombardier est situé à Montréal, au Canada. Nos actions (BBD) se négocient à la Bourse de Toronto, et nous sommes l'une des entreprises composant l'indice de durabilité Dow Jones Sustainability North America. Pour l'exercice clos le 31 décembre 2015, nos revenus ont totalisé 18,2 milliards $. Vous trouverez nouvelles et information à l'adresse bombardier.com ou en nous suivant sur Twitter : @Bombardier. Des images de l'avion CRJ200SF sont publiées avec le présent communiqué de presse à l'adresse www.bombardier.com. D'autres renseignements sur les avions CRJ Series sont disponibles à l'adresse http://news.commercialaircraft.bombardier.com/fr/ Suivez @BBD_Aircraft sur Twitter pour obtenir les dernières nouvelles et mises à jour de Bombardier Avions commerciaux. Pour recevoir nos communiqués de presse, visitez la section des fils RSS de notre site Web. Bombardier, CRJ Series, CRJ100, CRJ200, CRJ100SF, CRJ200SF et L'évolution de la mobilité sont des marques de commerce de Bombardier Inc. ou de ses filiales.
News Article | November 23, 2016
Unconventional optoelectronic devices such as thin-film transistors, solar cells and light-emitting diodes, in which organic semiconductors are key components, will potentially give rise to new display, circuit, lighting, imaging and energy-harvesting products1, 2, 3. All of these devices comprise a multilayer architecture in which a thin film of a conductor — typically, a metal or a transparent conducting oxide — is in contact with a semiconductor. To optimize the transfer of electric charge between these two materials, an interfacial layer (IFL) is usually introduced, but the resulting architectures are often inefficient. On page 536, Tang et al.4 show that IFLs created from a particular type of polymer can improve both the performance and the stability of optoelectronic devices. Several approaches have been developed to engineer IFLs, and these mainly depend on whether most of the charges that cross the conductor–semiconductor interface are electrons (negative charges) or holes (positive charges)5. For electron exchange, the energy needed to remove an electron from the conductor, called the work function, should be low and similar to that of the empty conduction energy band of the semiconductor. Conversely, for hole exchange, the work function should be high and match that of the semiconductor's filled valence band. The most prominent families of materials used for IFLs include polyelectrolytes, metal oxides, self-assembled mono- or multilayers of organic molecules and mixtures of these6, 7. Each of these families has its strengths and limitations. However, using only one type of IFL family has made it difficult to secure useful properties, such as the ability to tune the work function over a broad range of energies, large conductivities, equally efficient hole and electron transfer and IFL stability. Tang and colleagues have constructed IFLs using organic semiconductors called π-conjugated polymers, which allow efficient inter- and intramolecular charge transport to occur between the conductor and semiconductor materials8. Most π-conjugated polymers cannot transfer a large number of charged particles. However, the authors use a chemical doping process — the addition of either holes or electrons — to dramatically increase the density of charge carriers in the 'backbone' of these polymers and, in turn, their electrical conductivity (Fig. 1). In conventional doped polymers, the charge of the delocalized carriers in the backbone is balanced by molecular counterions (ions that have the opposite charge to that of the carriers). However, Tang and collaborators' polymers are self-compensated — the balance of charge is obtained intramolecularly owing to counterions that are chemically bonded to the polymer backbone by electrically insulating linkers. Such polymers, particularly hole-doped ones, have long been studied9, and recent reports have extended the repertoire to electron-doped varieties10. The authors make the case for the unique properties of these polymers and their broad applicability in a vast array of optoelectronic devices. In Tang and colleagues' polymers, doping and self-compensation are achieved in two separate steps, potentially improving control of the level of doping and the purity of the resulting materials. Furthermore, this control can be achieved both in solution and in thin films, broadening the range of doping materials and polymer structures that could be used for IFL fabrication. The array of self-compensated polymers includes hole-doped triarylamine−fluorene copolymers that can provide ultra-high work functions (up to 5.8 electronvolts) and electron-doped naphthalene-bis(carboxyimide)−fluorene copolymers that can have ultra-low work functions (down to 3.0 eV). Such a wide range of values allows the transfer of charge between the conductor and semiconductor materials to be optimized. In every multilayer optoelectronic device, chemical stability of the material components is of paramount importance for operational stability. This aspect is of even greater concern when using doped polymers, because ions can diffuse across the interfaces between layers, particularly in the presence of an electric field. However, Tang et al. show that, because the counterions in their self-compensated polymers are covalently bonded through the linkers, the diffusion of charge carriers and ions between layers is prevented. This molecular design is essential for achieving a stable concentration of the carriers (a constant doping density) across the entire thickness of the IFL film and across the interface between the IFL and the semiconductor. Tang and colleagues fabricate several devices in which standard IFL materials are replaced by their polymers, including thin-film transistors, solar cells, light-emitting diodes and photodiodes. The authors' realization of a blue-light-emitting diode is particularly impressive. Here, they use two self-compensated polymers (one electron-doped and one hole-doped) and a benchmark organic blue-light emitter (a polyfluorene) to achieve electric currents and energy-conversion efficiencies that surpass those of conventional IFLs using PEDOT:PSS and calcium — materials that have high and low work functions, respectively. The results demonstrate the great potential of self-compensated polymers, and raise several technological challenges and scientific questions. From a chemistry perspective, it will be instructive to study the synthetic reproducibility and scale-up feasibility of these polymers — to check whether the doping level and ionic content can still be controlled, and how charge transport and the work function are affected. Furthermore, although the authors demonstrate the stability of their materials (and the work functions of these materials), they do not evaluate the stability of the devices incorporating their IFLs according to commercial standards. Such protocols are typically extremely demanding for use in commercial products. Finally, an essential but unanswered question is whether self-compensation can result in electron-conducting polymers that have electrical conductivities and stabilities at ambient conditions that match those of current benchmark doped polymers such as PEDOT:PSS or polyaniline. However, despite the above-mentioned challenges, Tang and colleagues' work is a step on the path towards unconventional optoelectronics.
News Article | December 8, 2016
LONDON, UNITED KINGDOM--(Marketwired - Dec 8, 2016) - INTL FCStone Inc. ( : INTL) today announced that its London-based subsidiary, INTL FCStone Ltd's Global Payments Division ("GPD" or "the Company"), has appointed François Beau Yon de Jonage as Senior Vice President. He joins the Company from Société Générale, where he served as Head of the firm's Global Exotic Currency Service. Mr. Beau Yon de Jonage is a leading expert in the global payments and foreign exchange industries, and brings his significant expertise and extensive knowledge in these fields to INTL FCStone Ltd's Global Payments Division. During his last five years at Société Générale, he managed the firm's Global Exotic Currency sales and trading for a client base inclusive of financial institutions, corporations, government agencies, and non-profit organizations. Carsten Hils, Global Head of INTL FCStone Ltd's Global Payments Division, commented on today's news, "We are thrilled to welcome François to our team. His extensive book of business, as well as his unparalleled understanding of those industries in which we operate and the unique needs of our client base, will reinforce our position as the industry leader in the global payments space. François' deep knowledge of global frontier markets will be enormously beneficial as we continue to improve the products and services that we offer to our customers." INTL FCStone Ltd's Global Payments Division allows clients to execute payments in more than 175 countries and 140 currencies through its global network of approximately 300 correspondent banks. These critical relationships allow the Company to provide efficient and secure cross-border payments for its clients, and to source unique insights into local market conditions. Mr. Beau Yon de Jonage's appointment will allow GPD to build out this worldwide network even further, as he has established a substantial number of trusted global correspondent banking relationships over the course of his 17-year career. Mr. Beau Yon de Jonage commented, "I am excited to be working alongside INTL FCStone's team of cross-border payments professionals, who are not only experts in the space but are deeply committed to client service. The Company maintains a leadership position in providing payments and foreign exchange services for exotic countries. I look forward to utilizing my knowledge and skillset to serve the Global Payments Division's customer base, and to leveraging my relationships across the industry to further the Company's growth." About INTL FCStone Ltd INTL FCStone Ltd ("IFL") is a wholly owned subsidiary of INTL FCStone Inc. ("INTL"). IFL is registered in England and Wales (5616586). IFL is authorised & regulated by the Financial Conduct Authority [FRN 446717]. INTL acts as Agent for IFL in New York. INTL Asia Pte Ltd acts as agent for IFL in Singapore. Any individual security mentioned in this presentation is subject to the following disclosure: This information is not meant to be viewed as analysis or opinion of any security. This information should not be taken as an offer or as a solicitation of an offer for the purchase or sale of any security or other financial instruments or as a recommendation to engage in any trading strategy. INTL FCStone Financial Inc. may have long or short positions in securities or related issues mentioned here. INTL FCStone Inc., through its subsidiaries, is a leading provider of financial-services execution, risk management, market intelligence, and post-trade services across asset classes and markets around the world. A Fortune 500 company with a nearly 100-year track record, the company focuses on providing products and services within the commodities, securities, foreign exchange and global payments sectors. INTL customers include the producers, processors and end users of virtually every major traded commodity; commercial counter parties; and governmental, nongovernmental and charitable organizations. The company also serves institutional investors, brokers, professional traders, CTA/CPOs, proprietary trading groups, commercial banks and major investment banks. Headquartered in New York City, the company is listed on the Nasdaq under the ticker symbol "INTL". Further information on INTL FCStone is available at www.intlfcstone.com.
News Article | October 28, 2016
Company adds streamlined payments functionality for banks while continuing to offer innovative services to corporate and charitable clients LONDON, UNITED KINGDOM--(Marketwired - Oct 24, 2016) - INTL FCStone Inc. ( : INTL) today announced that its London-based subsidiary, INTL FCStone Ltd's Global Payments Division ("GPD" or "the Company"), has enhanced its proprietary FXecute global payments technology platform with the addition of streamlined functionality that bridges its clients' foreign exchange and payments services. FXecute is INTL FCStone Ltd's proprietary global payments platform that provides clients with a one-stop solution for making payments in more than 175 countries. Clients have access to live currency market rates, and can seamlessly execute payments in more than 140 currencies, which includes the world's roughly 90 exotic currencies used in the developing world. This enhanced and customizable solution can easily adapt to the nuances of each client's internal procedure whilst ensuring that they are maintaining proper controls for their international payments. The system also provides integration solutions via GPD's Web Services API which clients can use to retrieve rates and execute trades. Additionally, FXecute now enables clients to make payments using the local ACH system, ensuring seamless and less expensive payments while eliminating execution gridlocks. The Company has onboarded a multitude of its correspondent bank partners in developing countries for ACH functionality in order to provide uninterrupted payment delivery in local currency for those clients sending money to these markets. Carsten Hils, Global Head of INTL FCStone Ltd's Global Payments Division, commented on today's news, "We are committed to maintaining an open dialogue with our customers and continually improving the services that we offer based directly on their feedback, and the recent enhancements to FXecute directly serve the needs of our major bank clients. Payments technology changes at a rapid pace, and these additions to FXecute ensure that it remains the industry-leading payments execution service for exotic currencies. We have utilized our more than 20 years of experience in providing payments to the developing world, as well as the expertise of our best-in-class information technology team, to provide our customers with an even more efficient, secure, and effective global payments platform." FXecute allows GPD customers to access the Company's payments capabilities and allows clients to simplify their international funding operations while providing a clear audit trail and analytical reports. The platform provides clients with the intelligence necessary to understand local market conditions, which is critical given that every country has different regulatory requirements that must be met for successful and efficient payments execution. The Company's clients can even process their payrolls through FXecute in local currencies, simplifying their money management processes. Hils concluded, "FXecute brings efficiency and security to the payments process, and it is unmatched in the scope of markets and currencies that it covers. We are extremely proud to offer clients a comprehensive payments solution via FXecute, and strive to continually improve the platform to ensure that it provides for the needs of an ever-evolving market. We look forward to onboarding additional customers to FXecute, and to implementing even more advanced functionality, over the coming months." About INTL FCStone Ltd INTL FCStone Ltd ("IFL") is a wholly owned subsidiary of INTL FCStone Inc. ("INTL"). IFL is registered in England and Wales (5616586). IFL is authorised & regulated by the Financial Conduct Authority [FRN 446717]. INTL acts as Agent for IFL in New York. INTL Asia Pte Ltd acts as agent for IFL in Singapore. Any individual security mentioned in this presentation is subject to the following disclosure: This information is not meant to be viewed as analysis or opinion of any security. This information should not be taken as an offer or as a solicitation of an offer for the purchase or sale of any security or other financial instruments or as a recommendation to engage in any trading strategy. INTL FCStone Financial Inc. may have long or short positions in securities or related issues mentioned here. INTL FCStone Inc., through its subsidiaries, is a leading provider of financial-services execution, risk management, market intelligence, and post-trade services across asset classes and markets around the world. A Fortune 500 company with a nearly 100-year track record, the company focuses on providing products and services within the commodities, securities, foreign exchange and global payments sectors. INTL customers include the producers, processors and end users of virtually every major traded commodity; commercial counter parties; and governmental, nongovernmental and charitable organizations. The company also serves institutional investors, brokers, professional traders, CTA/CPOs, proprietary trading groups, commercial banks and major investment banks. Headquartered in New York City, the company is listed on the Nasdaq under the ticker symbol "INTL". Further information on INTL FCStone is available at www.intlfcstone.com.
News Article | November 1, 2016
Company to host workshop entitled "Treasury Operations for the Developing World" LONDON, UNITED KINGDOM--(Marketwired - Nov 1, 2016) - INTL FCStone Inc. ( : INTL) today announced that its London-based subsidiary, INTL FCStone Ltd's Global Payments Division ("GPD" or "the Company"), will present at the Netherlands-African Business Council's Africa Works! Conference, taking place November 10-11, 2016 in Amsterdam. The Company will serve as a sponsor of the event and will host a workshop session entitled, "Treasury Operations for the Developing World", on Thursday, November 10 at 3:30pm CET, at the Royal Tropical Institute. INTL FCStone Ltd's Global Payments Division maintains trusted relationships with approximately 300 local correspondent banks as well as regulatory bodies and other participants across international markets, including the majority of African nations. The Company's team members regularly travel through these markets and source intelligence from these decision makers to provide clients with the information necessary to ensure efficient and secure cross-border payments. GPD will leverage this unmatched expertise to educate Africa Works! attendees on overcoming the challenges of managing payments and foreign exchange in exotic markets during its "Treasury Operations for the Developing World" workshop. This session will provide comprehensive information about managing treasury operations in countries with complex economic or sociopolitical conditions, foreign exchange challenges and solutions, the benefits of making payments in local currency rather than hard currency, and more. Gregory Vincent, Head of EMEA for INTL FCStone Ltd's Global Payments Division, commented on today's news, "Transacting payments in local African currencies presents unique challenges, while at the same time business in the region is growing immensely. Companies that can navigate the local market conditions, as well as the cross-border payments and foreign exchange landscape, can take advantage of substantial opportunities on the continent. We look forward to sharing our industry-leading market intelligence on these issues during our 'Treasury Operations for the Developing World' workshop, and to providing attendees with the knowledge to operate successfully in Africa." For more than 20 years, INTL FCStone Ltd's Global Payments Division has been the industry leader in providing cross-border payments solutions in exotic currencies. The Company specializes in transferring funds to the developing world, and allows clients to execute payments in more than 175 countries and 140 currencies through its global network of approximately 300 correspondent banks. GPD offers global payments solutions to international aid and development organizations, non-governmental organizations, global financial institutions including more than half of the top ten largest banks in the world by total assets, and multinational corporations. Vincent concluded, "Africa is a hotbed of activity for business and finance, as well as humanitarian aid and economic development. International organizations engaged in these various activities share the common need to efficiently and securely transact payments in local currency. Africa is one of the key regions in which we conduct business, and we have unique knowledge of regulatory, economic, and sociopolitical conditions across the continent given our trusted relationships with a variety of local market participants. We look forward to sharing this intelligence at Africa Works! as we seek to educate attendees on those factors impacting cross-border payments and foreign exchange in Africa's growing economies, particularly in light of innovations in the region's developing financial sector." Details about Africa Works! 2016 are available at http://www.africaworks.nl/. About INTL FCStone Ltd INTL FCStone Ltd ("IFL") is a wholly owned subsidiary of INTL FCStone Inc. ("INTL"). IFL is registered in England and Wales (5616586). IFL is authorised & regulated by the Financial Conduct Authority [FRN 446717]. INTL acts as Agent for IFL in New York. INTL Asia Pte Ltd acts as agent for IFL in Singapore. Any individual security mentioned in this presentation is subject to the following disclosure: This information is not meant to be viewed as analysis or opinion of any security. This information should not be taken as an offer or as a solicitation of an offer for the purchase or sale of any security or other financial instruments or as a recommendation to engage in any trading strategy. INTL FCStone Financial Inc. may have long or short positions in securities or related issues mentioned here. INTL FCStone Inc., through its subsidiaries, is a leading provider of financial-services execution, risk management, market intelligence, and post-trade services across asset classes and markets around the world. A Fortune 500 company with a nearly 100-year track record, the company focuses on providing products and services within the commodities, securities, foreign exchange and global payments sectors. INTL customers include the producers, processors and end users of virtually every major traded commodity; commercial counter parties; and governmental, nongovernmental and charitable organizations. The company also serves institutional investors, brokers, professional traders, CTA/CPOs, proprietary trading groups, commercial banks and major investment banks. Headquartered in New York City, the company is listed on the Nasdaq under the ticker symbol "INTL". Further information on INTL FCStone is available at www.intlfcstone.com.