News Article | May 9, 2017
JPD Financial is sponsoring the 17th Shared Services for Finance & Accounting. JPD Financial will be joined by top industry leaders, June 21-23 at the Highlands in Dallas, Texas. In its 17th installment, Shared Services for F&A offers greater interactivity and has an 80% new speaker faculty. The 2017 program will be premiering a series of hour-long clinics to help attendees optimize their 3rd-party provider relationships, master data management, and integrate Smart Technology into their automation roadmaps. Speakers include Jonathan Kepets, Global Head of Business Analysis & Reporting, Cantor Fitzgerald; Bryan Ternes, Vice President of Finance – GBS, Levi Strauss & Co.; Brenda McCoy, Americas R2R, Global Finance Shared Services, Apple, Inc.; John Nderitu, Staff VP, Business Improvement Group, Anthem; Scott Gillan, Executive Director of Transformation & Service Management, Enterprise Financial Services, Warner Bros.; and Misty Thorpe, Business Leader, GBSC Accounting Services, and MasterCard. “With an impressive line-up of speakers and hands-on clinics, this year’s event Shared Services for F & A promises attendees exceptional opportunities to learn and network with experts,” said Alexa Bradley, Vice President of Business Development and Marketing for JPD Financial. “We look forward to contributing to the program and helping attendees learn how to transform their service delivery into the indispensable backbone of the business.” The event is designed to include a four pre-conference workshops, 2 main conference days, Process Improvement Clinics, Quickfire Intelligence Labs, and more than 7 hours of networking to discuss the most important challenges and most effective strategies and solutions within the industry. JPD Financial will be featured in the comprehensive expo hall that is showcasing innovative solutions and services for the industry. JPD is a professional service provider that employs a team of highly skilled individuals who communicate directly with their client’s suppliers. As the audit landscape continues to evolve, JPD has become proficient in rebalancing expectations and offering a solution that is advantageous to its clients. About JPD Financial: For more than 30 years, JPD Financial has worked behind the scenes on behalf of Fortune 1000 clients to research and uncover funds that would otherwise be lost in today’s automated systems and written off due to accounting miscommunications. They work with their clients’ suppliers to research credits, overpayments, and misapplied or duplicate payments that appear on their records, but which may not appear on the standard statements their clients receive. JPD Financial is headquartered in Santa Clara, California with a European office in Harpenden, UK to serve its global clients. JPD Financial’s client base includes major vertical industries such as healthcare, telecommunications, energy, consumer goods, oil and gas, and manufacturing. For more information, visit http://www.JPDFinancial.com. About IQPC: IQPC produces 1,500 global events that are custom-tailored to the unique needs of business executives. Founded in 1973, IQPC leverages an office network that spans six continents and a wealth of intellectual capital to provide an unparalleled portfolio of conferences and seminars. For more information, please visit http://www.iqpc.com.
News Article | May 10, 2017
JAMIS Software Corporation, the leading provider of world-class project ERP software, is pleased to announce the expansion of their Lunch and Learn series partnership with Capital Edge Consulting to include the west coast. The complimentary events offer attendees an opportunity to explore regulatory updates and compliance changes with industry experts while earning CPE Credits and enjoying a complimentary meal. Craig Stetson, Managing Director at Capital Edge Consulting, will join the west coast events to discuss the opportunities and challenges that come with a new Administration, as well as the obstacles that could directly affect government contractors’ compliance programs which may impact multiple areas of the business, including: cost accounting and allocation practices, determination of allowable costs, estimating and pricing practices, business systems documentation and internal controls, purchasing and supply chain management practices, contract administration, and financial reporting practices. Stetson has over 25 years of direct experience in a wide range of cost accounting and regulatory compliance matters related to government contracts. Before joining Capital Edge, Stetson was a director at PricewaterhouseCoopers, Baker Tilly Virchow Krause, Navigant Consulting, and KPMG. He began his career as an auditor for the Defense Contract Audit Agency (DCAA). “JAMIS is excited about the opportunity to host Lunch and Learn events on the west coast with Capital Edge Consulting,” said Dan Rusert, Director of Business Development and Marketing Operations for JAMIS Software Corporation. “We want to give federal contractors on the west coast an opportunity to network and learn from industry experts, without having to travel all the way to the DC area. Craig Stetson’s extensive industry familiarity coupled with JAMIS’ knowledge of ERP software for government contractors will present a valuable opportunity for contractors.” In addition to a discussion led by industry experts, attendees will also receive a demo of JAMIS Prime. JAMIS Prime ERP streamlines the DCAA compliance process and allows businesses to focus on cutting costs and winning contracts. This demo, coupled with Craig Stetson’s presentation, will give attendees the tools to improve their performance and increase their knowledge of the GovCon industry. To learn more about lunch and learn events coming to your area, visit our website at https://jamis.com/govcon-events/ JAMIS Software Corporation is a leading provider of ERP software solutions designed specifically for government contractors and other project-focused organizations. JAMIS delivers comprehensive, intuitive, innovative, and cost-effective solutions for the most respected names in government contracting. Companies large and small rely on JAMIS to provide detailed visibility into all of their projects, as well as provide the foundation for DCAA and other regulatory compliance. JAMIS helps companies connect with customers, partners, and employees in entirely new ways to foster new levels of collaboration and drive profitability and growth. To learn more about JAMIS Software Corporation, please visit: https://jamis.com/ Capital Edge Consulting combines unique backgrounds and experience in consulting, public accounting, industry, DCAA and DCMA to provide clients with unmatched government contracting expertise. This breadth of specialized experience enables them to provide the exact services and level of expertise federal government contractors need to succeed. Capital Edge Consulting provides custom-tailored consulting solutions to government contractors ranging in size from startup to Fortune 100 companies in industries such as manufacturing, nuclear energy, professional services, biotech/pharmaceuticals, defense, and information technology. To learn more about Capital Edge Consulting, please visit: http://www.CapitalEdgeConsulting.com
News Article | May 23, 2017
Connecticut Spinnaker Real Estate Partners is planning to demolish the Comcast building in New Haven and construct a five-story building, containing 232 apartments above a ground-floor retail space. The project is valued at between $15 million and $25 million. Spinnaker Real Estate Partners, One North Water St., Norwalk, 06854. DR#14-00539625. Georgia Fickling & Co. is planning to develop phase two of Lullwater at Riverwood, a luxury apartment complex in Evans. Phase two will consist of eight three-story buildings, totaling 138,000 sq ft and containing 138 apartments. SGN+A Architects is the designer, and it is valued at between $10 million and $15 million. The owner expects to use its own workforce. Fickling & Co., Attn: Roy Fickling, President and CEO, 577 Mulberry St., Macon, 31201. DR#13-00635058. Michigan Robertson Brothers Co. is planning to build a townhouse residential development in Ferndale. The project will consist of 22 three-story buildings: two triplex buildings, six fourplex buildings, 10 fiveplex buildings and four sixplex buildings, totaling 104 units. The project is valued at between $10 million and $15 million. Robertson Brothers Co., Attn: Tim Loughrin, 6905 Telegraph Rd., Bloomfield Hills, 48301. DR#16-00684001. Montana Flathead County-Montana West Economic Development is planning to develop Glacier Rail Park, a new 43-acre industrial rail yard off Whitefish Stage Road in Kalispell. The project will involve installing water, sewer and utility lines and building roads and a new rail line in the former gravel-pit site. KLJ is the designer. The project is valued at $21 million. Flathead County-Montana West Economic Development, Attn: Kim Morisaki, Business Development and Marketing Director, 44 Second Ave. West, Kalispell, 59901. DR#15-00662158. Oklahoma The Oklahoma Dept. of Transportation is planning to repave the James C. Nance Bridge and its approaches, a total length of 1.08 miles. The bridge carries U.S. Route 77 over the South Canadian River between Purcell and Lexington. The project is valued at $36.8 million. Oklahoma Dept. of Transportation, 200 N.E. 21st St., Oklahoma City, 73105. DR#16-00569231. Nevada Core Construction, which has been selected as the construction manager-at-risk to build the East Las Vegas Library, currently is evaluating prequalification forms from subcontractors seeking work on the shell and core. The project entails constructing a two-story, 40,049-sq-ft freestanding library. Carpenter Sellers Del Gatto Architects is the designer, and the project is valued at $17 million. Core Construction, 7150 Cascade Valley Court, Las Vegas, 89128. DR#17-00529098. Tennessee Alstom Power Inc. has started rehabilitating the Unit 4 turbine generator at the Old Hickory Powerhouse in Hendersonville. The project includes replacing the stator core, rewinding the stator, refurbishing the rotor poles and the servomotors, installing a high-pressure lift system, and refurbishing or replacing worn Kaplan runner parts and wicket gates. The powerhouse is connected to the Old Hickory Lock and Dam on the Cumberland River. The project is valued at $19.3 million. Alstom Power Inc., 7901 Southpark Plaza, Littleton, Colo. 80120. DR#16-00530053. Arizona 6/5 The U.S. Army Corps of Engineers is seeking bidders to expand the National Memorial Cemetery in Phoenix. The work involves construction of two columbarium courts to house 4,688 niches, 2,180 preplaced crypts, grading for 1,900 in-ground cremains, and a light vehicular bridge. Site improvements include construction of approximately 650 linear ft of roadway, two dry earthen detention ponds and a 1,350-ft-long shotcrete drainage channel. The project is valued at between $5 million and $10 million. U.S. Army Corps of Engineers, Attn: Lucia Carvajal, Contracting Division, 915 Wilshire Blvd., Los Angeles, Calif. 90017. DR#17-00642279. Florida 6/21 The U.S. Army Corps of Engineers is seeking bidders to rehabilitate portions of the Herbert Hoover Dike at Lake Okeechobee. The work will include in-place abandonment and removal of the existing Herbert Hoover Dike Culverts KI-1 and KI-2, respectively, and the construction of new water control structures S-266 and S-265 at the respective adjacent or existing locations. The structures will include cast-in-place reinforced-concrete foundations, headwalls, and box culverts. Combination flap-and-slide gates will be installed at the lakeside headwall of each structure and dual leaf gates on the landside headwall of S-266. S-266 will be constructed on the north side of the existing KI-1 structure and will require installation of only an earthen cofferdam on the lakeside to dewater the construction site. The existing canal at KI-1 will be backfilled, and the structure will be abandoned in place upon completion of S-266. S-266 will consist of two 7-ft by 7-ft culverts with approximate barrel lengths of 100 ft. Demolition-reconstruction efforts for S-265 will require installation of lakeside and landside earthen cofferdams to dewater the demolition-construction site. S-265 will consist of one 6-ft by 6-ft culvert with an approximate barrel length of 100 ft. The project is valued at $50 million. U.S. Army Corps of Engineers, Attn: Clarence Dingle, 701 San Marcos Blvd., Jacksonville, 32207. DR#17-00653977. Much information for Pulse is derived from Dodge Data & Analytics, the premier project information source in the construction industry. For more information on a project that has a Dodge Report (DR) number or for general information on Dodge products and services, call 1-800-393-6343 or visit the website at www.dodgeleadcenter.com.
News Article | May 4, 2017
Net earnings per diluted share increased 39.1% in the first three months of 2017 compared with the first three months of 2016, primarily due to a decrease in the accident year combined ratio from 99.4% at March 31, 2016, to 98.4% at March 31, 2017. Gross written premiums were down 1.4% compared with the same period of 2016. New business growth, higher average premium and an increase in retention in Texas as well as renewal policy growth in our Commercial Vehicle product were offset by a decline in new application counts in California and Florida, where we continue to work to improve the combined ratio. James Gober, Chairman, President and CEO of Infinity, commented, "Our growth during the first quarter was focused in Texas and our Commercial Vehicle product where our profitability remains strong. We remain committed to improving our profitability in our other states and continue to implement rate increases, modify class plans and make other underwriting changes." The Company also announced that Mr. Gober plans to retire during the first quarter of 2018. He has served as Infinity's President and CEO since the Company's initial public offering in 2003. The Board of Directors has named Glen Godwin, Senior Vice President, Business Development and Marketing, to succeed Mr. Gober as the Company's CEO effective August 1, 2017. Mr. Gober will continue to serve as the Company's Chairman until his retirement. Upon assuming the position of CEO, Mr. Godwin will also be appointed to the Company's Board of Directors. Mr. Godwin joined Infinity in 1987. He has served in various executive capacities with the Company, most recently as Senior Vice President, Business Development and Marketing since 2009. Mr. Godwin also oversees the Company's direct sales operations, customer service and technology. "I could not be more proud of what Infinity has accomplished in our 14 years, but that is secondary to how well we have positioned ourselves for success going forward," said Mr. Gober. "Our bright prospects make my decision to retire even more difficult, but the time is right for me on a personal level. In the meantime, we have much work ahead this year to improve our results over 2016, and that is what is first and foremost on my mind." Mr. Gober continued "with Glen's extensive experience, his understanding of every facet of our business and our strategy, coupled with his proven leadership abilities, the transition will be seamless. The Company has an exciting and promising future given his innovative thinking and appreciation of the future challenges and opportunities the Company will face. Infinity is blessed with tremendous talent and leadership at all levels, which bodes so well for our near and long-term prospects." Samuel Weinhoff, Infinity's lead director, expressed that "Mr. Gober has shepherded the Company, since its initial public offering, through tremendous growth and overseen the refinement of its strategy from an insurer lacking a well-defined geographical or demographic niche to its current status as a dominant provider of automobile insurance in historically underserved urban and Hispanic markets. The company's shareholders have benefited handsomely from Jim's leadership as the total shareholder return over the course of his tenure exceeds 650% and is more than double that of the SNL Mid-Cap US Insurance index over the same period of time. While we will certainly miss his leadership, Jim has been equally committed to developing a solid executive and senior management team. The Board is confident that Mr. Godwin is fully prepared to take the helm and lead Infinity forward." This press release contains certain "forward-looking statements" which anticipate results based on our estimates, assumptions and plans that are subject to uncertainty. These statements are made subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements in this report not dealing with historical results or current facts are forward-looking and are based on estimates, assumptions and projections. Statements which include the words "assumes," "believes," "seeks," "expects," "may," "should," "intends," "likely," "targets," "plans," "anticipates," "estimates" or the negative version of those words and similar statements of a future or forward-looking nature identify forward-looking statements. The primary events or circumstances that could cause actual results to differ materially from what we expect include determinations with respect to reserve adequacy, realized gains or losses on the investment portfolio (including other-than-temporary impairments for credit losses), loss cost trends and competitive conditions in our focus states. Infinity undertakes no obligation to publicly update or revise any of the forward-looking statements. For a more detailed discussion of some of the foregoing risks and uncertainties which could cause actual results to differ from those contained in the forward-looking statements, see Infinity's filings with the Securities and Exchange Commission. Infinity will conduct a conference call and webcast to discuss first quarter 2017 results at 12:00 p.m. (ET) today, May 4, 2017. The webcast can be accessed on the Company's Investor Relations website at . The conference call will be available by dialing 1-877-508-9611. For those unable to attend the live event, a replay of the webcast will be posted on the website shortly after the event ends. Definitions of Non-GAAP Financial and Operating Measures is defined as net earnings, before realized gains and losses on investments, after tax. Management uses operating earnings as a measure to evaluate the insurance business. The Company believes that operating earnings provides investors a valuable measure of the performance without being obscured by the net effect of realized capital gains and losses, which can be volatile on a quarterly basis. Net earnings is the most comparable GAAP measure. measures the insurer's profit on insurance sales after all losses and expenses have been paid and is calculated by deducting losses and loss adjustment expenses and commissions and other underwriting expenses from earned premium. Management uses underwriting income to measure the success of its pricing and underwriting strategies. It is useful for investors to evaluate the components of our profitability separately from investments. Net earnings is the most comparable GAAP measure. Below is a schedule that reconciles operating earnings and underwriting income to net earnings: is the amount of premium charged for policies issued during a fiscal period (including assumed premium). Management uses gross written premium as a measure of production levels. Earned premium is the most comparable GAAP measure. Below is a schedule that reconciles gross written premium to earned premium: is defined as total capital (face value of long-term debt plus total shareholders' equity) less intangible assets. Infinity reports this non-GAAP measure because it is a measure often used by management, debt-holders and rating agencies when evaluating financial leverage. Total capital is the most comparable GAAP measure. Below is a schedule that reconciles tangible capital to total capital: Infinity also makes available an investor supplement on its website. To access the supplemental financial information, go to and click on "Annual & Quarterly Reports." Infinity Property and Casualty Corporation (NASDAQ: IPCC) is a national provider of automobile insurance with a concentration on nonstandard auto insurance. Its products are offered through a network of approximately 10,800 independent agencies and brokers. For more information about Infinity, please visit . To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/infinity-property-and-casualty-corporation-reports-results-for-the-first-quarter-of-2017-and-announces-chairman-president-and-chief-executive-officer-retirement-and-appointment-300450978.html
News Article | May 4, 2017
HBW Construction is pleased to announce the promotion of Mr. Patrick Foley to Vice President / Principal, and Mr. John Madary to Vice President. “It is with great pride that I announce Patrick Foley’s & John Madary’s promotion to Vice President,” said Phil Scott. “Their appointment is noteworthy for all of us at HBW, symbolizing our continued growth and increased presence in the region. Our expanded leadership team positions us strongly to deliver to a diverse, growing client base.” Foley and Madary were both instrumental in starting the Pre-Construction Department at HBW Construction which consists of Estimating, Business Development and Marketing. They started at HBW fifteen years ago within a month of each other; this team of two has now grown into a Pre-Construction team of ten. “This promotion recognizes both of their contributions made to HBW during their tenure with the organization. Pat is actively involved in building business for HBW. Over time he has created many long-lasting, repeat clients that have led to many successful projects. John transformed HBW from all paper estimating to fully electronic which dramatically shortened our bid cycle. His accurate budgeting is a refined skill valued by many of our clients who rely on HBW to assist with their upcoming projects. Pat & John’s commitment to excellence and passion for improving HBW’s overall image encompasses the qualities behind these promotions.” Foley spoke on his promotion. “It has been astonishing to watch the company grow into what it is today over the last 15 years, and I’m honored and proud to be a part of it. HBW’s value, integrity and goals have always impressed me and aligned with my own. While the new title is certainly a milestone for my personal career goals, my role will continue to be customer focused, as it has been from the start. I’m looking forward to the next 15 years at HBW! ” Madary also spoke on his promotion. “What I enjoy most about HBW Construction is the people that I work with and what we accomplish every day; somehow we always manage to make it happen! With being promoted to Vice President, I look forward to being an integral part of HBW’s continued growth, while continuing to mentor my fellow colleagues.” The company further noted the expanded leadership comes in response to recent growth and a strengthened presence across the region. Notable new projects for the company include the Venture Park Building Repositioning in Chantilly, VA; Dulles Metro Center Garage Conversion in Dulles, VA; Goodwill School in Washington, DC; and the Army Navy Building in Washington, DC. Foley and Madary remain based at HBW’s headquarters in Rockville, Maryland. HBW Construction is a full-service commercial construction firm serving the Washington, DC region since 1969. From large-scale transformations to immediate services work, HBW serves each client with a commitment to trust, partnership, and attention to detail. With an unmatched reputation for reliability and results, HBW creates leading-edge spaces that reflect the vision and values of the organizations that call them home. http://www.hbwconstruction.com
News Article | May 8, 2017
Bottle Rocket today announced moves to bring greater focus and fire power to its growth efforts and further secure its position as a leader in mobile experiences. As the world continues its rapid shift toward more of a connected lifestyle, the addition of two new team members and the promotion of a current senior executive set the stage for what’s to come from this innovative company. Calvin Carter, CEO of Bottle Rocket, said, “With the hires of Andrew Sevin as the SVP of Business Development, the promotion of Mark McKinney to SVP of Marketing and Corporate Strategy, and the addition of Jana Boone as Director of Marketing, we are showing an unprecedented commitment to innovation for our customers in both the consumer and enterprise mobility spaces. This investment is proof of our continued commitment to provide our clients unparalleled industry leadership.” McKinney will leverage his expertise in product development and strategy. Sevin previously served as VP of Client Services at Universal Mind. Boone previously served as Director of Business Development and Marketing at the Dallas office of Publicis North America. This evolution is just the beginning of what’s to come for Bottle Rocket. As the company continues to advance its focus and fortify its place as a leader in the world of mobile design and development, it will continue to enhance its offerings, expand its client base, and bring more and more personal, frictionless and contextual mobile experiences to the world. About Bottle Rocket Bottle Rocket is a multi-disciplinary mobile studio that connects future-focused brands to their customers through sophisticated yet simple mobile experiences. With our award-winning applications and solutions, our partners strengthen their businesses through enhanced user and brand interactions. Our more than 300 iOS, Android, streaming device, wearable, VR, voice, and TV experiences have set new standards in connecting people to what they want. A part of Ogilvy, an international advertising, marketing, and public relations agency, Bottle Rocket is the mobile specialist at the center of WPP, the world’s largest communications services group.
News Article | November 9, 2016
STAMFORD, Connecticut, Nov. 9, 2016 /PRNewswire/ -- HARMAN International Industries, Incorporated (NYSE: HAR), the premier connected technologies company for automotive, consumer and enterprise markets, will present and discuss the company's latest End-to-End Telematics Security Solution at the escar Europe Automotive Cyber Security Conference. HARMAN will also sponsor the premier forum for those working to identify and minimize threats to data and vehicles, held in Munich, Germany, on 16-17th November 2016. Founded in 2003, escar has established itself as a place of collaboration on the topic, with leading manufacturers, aftermarket companies, press and analysts in attendance. Yuval Weisglass, Sr. Director R&D will commence the event's Secure In-Vehicle Communication discussions at 14:45 (CET) on Wednesday, 16th November with an invited talk about authentication methods for CAN messages - which stemmed of a joint work with a major OEM. Alongside its talk, HARMAN's continued innovation in the sector will be evident through a number of demonstrations and lectures at the event. The End-to-End Telematics Security Solution is built on top of two key components – TCUSHIELD and the newly announced Alerts Monitor. TCUSHIELD is an embedded software solution which safeguards, alerts and protects against out-of-bounds attacks such as those exploiting cellular channels. The new Alerts Monitor software product serves as an infrastructure for aggregating, collecting and visualizing actionable security intelligence. With many of the most recent, high profile hacks achieved using cellular communication, HARMAN's solution offers unprecedented levels of prevention for this type of attack vector. With the support of HARMAN's embedded security products such as ECUSHIELD and TCUSHIELD, the Alerts Monitor allows actionable data and exposes a RESTful API to be integrated with third party systems. With partnerships such as the recently announced collaboration with Airbiquity to develop the first automotive grade end-to-end intrusion detection system (IDS) for connected vehicles, the ability to monitor via a custom dashboard, will have greater relevance. HARMAN's cyber security solutions - ECUSHIELD, TCUSHIELD and Alerts Monitor are being developed using the latest security practices, including SAE J3061, Auto-ISAC's and the NHTSA's Cyber Security Best Practices for Modern Vehicles documents. "Our launches at escar highlight how dramatically our offering has changed from being purely 'in vehicle' to a true 'end to end' solution," says Asaf Atzmon, Director, Business Development and Marketing, HARMAN Automotive Cyber Security. "By working in tandem with the industry and the government, HARMAN can also offer a secure solution off-board as well as the intelligence to make the best use of the data collected. At escar, we look forward to exchanging ideas on how we can work together to preserve our security in and out of the car." HARMAN's sponsorship of escar Europe follows its support of the sister event in Asia in September and is part of HARMAN's leading role within the industry together with manufacturers, government and academic institutions to define cyber security standards and policies for autonomous and connected vehicles. HARMAN is the industry leader in automotive cyber security solutions for the automotive OEM market. It has placed significant emphasis on cyber security protective measures, including launching the industry's first comprehensive multi-layer security framework for in-car technology design, and acquiring leading cyber security specialist TowerSec in January 2016. HARMAN is also a member of the Automotive Information Sharing and Analysis Center (Auto-ISAC), a coordinated auto industry effort to establish a secure platform for sharing, tracking and analyzing intelligence about cyber threats and potential vulnerabilities. ABOUT HARMAN HARMAN (www.harman.com) designs and engineers connected products and solutions for automakers, consumers and enterprises worldwide, including connected car systems, audio and visual products, enterprise automation solutions and connected services. With leading brands including AKG®, Harman Kardon®, Infinity®, JBL®, Lexicon®, Mark Levinson® and Revel®, HARMAN is admired by audiophiles, musicians and the entertainment venues where they perform around the world. More than 25 million automobiles on the road today are equipped with HARMAN audio and connected car systems. The Company's software services power billions of mobile devices and systems that are connected, integrated and secure across all platforms, from work and home to car and mobile. HARMAN has a workforce of approximately 29,000 people across the Americas, Europe, and Asia and reported sales of $6.9 billion during the 12 months ended June 30, 2016. The Company's shares are traded on the New York Stock Exchange under the symbol NYSE: HAR. © 2016 HARMAN International Industries, Incorporated. All rights reserved. Harman Kardon, Infinity, JBL, Lexicon and Mark Levinson are trademarks of HARMAN International Industries, Incorporated, registered in the United States and/or other countries. AKG is a trademark of AKG Acoustics GmbH, registered in the United States and/or other countries.
News Article | February 17, 2017
RENO, Nev., Feb. 16, 2017 (GLOBE NEWSWIRE) -- Nevada's unmanned cloud-seeding research team has realized another fundamental capability in their effort toward enhancing snowfall in mountainous regions of the West. Flown at Hawthorne Industrial Airport under Nevada UAS Test Sites Certificate of Authorization (COA) and led by the Desert Research Institute (DRI) flight operations node, the Drone America Savant™ unmanned cloud-seeding aircraft reached an altitude of 1,500 feet and completed a one-hour BVLOS flight covering a total distance of 28 nautical miles on Wednesday, February 15, 2017. The test flight of the Savant™ cloud-seeding aircraft was the longest unmanned, cross-country round-trip flight in Nevada history. Beyond Visual Line of Sight (BVLOS) describes an aviation event in which the unmanned aircraft flies autonomously over a long distance. Flight crew members control and track the aircraft in real-time using computer-aided controls, but the pilot is not capable of visually following the aircraft during flight with the naked eye. "We have now demonstrated without a doubt that our unmanned cloud seeding technology and capabilities can move beyond line of sight – a significant hurdle in this industry," said Adam Watts, Ph.D., principal investigator on the project and an assistant research professor at DRI. "Most importantly, we have done this safely and in following all FAA regulations and guidelines." For more than a year a DRI-led research team, supported by the Nevada Governor's Office of Economic Development through the Knowledge Fund, has been working to develop an unmanned cloud seeding aircraft capable of helping communities address the ongoing impacts of drought and explore innovative solutions for natural-resource challenges such as augmenting regional water supplies. The research team combines more than 30 years of weather modification research and expertise at DRI with the proven experience in aerospace manufacturing and flight operations of Reno-based Drone America, and the industry leading unmanned aerial data services of Las Vegas-based AviSight. "Reaching this milestone allows us to now focus on higher altitude, longer distance flights; as well as the extreme challenges of flying our advanced unmanned fixed-wing aircraft in the harsh, icy weather that come with optimal winter cloud-seeding conditions," said Mike Richards, President and CEO of Drone America. The field operation was supported by multiple ground-based safety officials and visual observers. "Hawthorne offers an ideal location for BVLOS testing for both small and large UAS (greater than 55 pounds)," said Chris Walach, Ph.D., Director of the FAA-designated Nevada UAS Test Site. "And, when combined with the NASA tested BVLOS drone flights at one of the Nevada UAS Test Sites late last year, this again demonstrates Nevada's foremost capability to lead and support the nation's UAS industry and help advance BVLOS techniques and procedures that can eventually lead to safely integrating unmanned aircraft into the national airspace." For more information on DRI's unmanned cloud seeding project and UAS industry support visit – www.dri.edu Photo Caption: The Drone America Savant™ unmanned fixed-wing aircraft during its historic 28 nautical-mile BVLOS flight on Wednesday, February 15, 2017. Credit: Zach Clark/Drone America Additional photos and video available upon request. About the Desert Research Institute: DRI, the nonprofit research arm of the Nevada System of Higher Education, is a world leader in environmental sciences through the application of knowledge and technologies to improve people's lives throughout Nevada and the world. For more information about DRI please visit www.dri.edu About Drone America: Drone America strives to be one of the World's Top Providers of Autonomous Unmanned Vehicles, high tech equipment and services. Our mission is to use UAS technologies as a means to survey, protect, and preserve human life and strategic resources around the Globe. For more information about Drone America please visit www.droneamerica.com/ About AviSight: AviSight is an aerospace and remote sensing services company based in Las Vegas, Nevada. Our company employs Aerospace systems, Remote Sensing technology, Analytics, and Data Collection/Distribution systems for commercial and government clients. For more information about AviSight please visit www.avisight.com/ About the Nevada Institute for Autonomous Systems (NIAS): The Nevada Institute for Autonomous Systems (NIAS) and FAA-designated Nevada Unmanned Aviation Test Site leads the growth of the Nevada Unmanned Aviation Systems (UAS) Industry through business teaming relationships, collaborating with primary research institutions on UAS research and development, and enhancing the Nevada UAS Industry knowledge base to attract new and permanent business and create jobs in the State of Nevada. Learn more at www.nias-uas.com. For additional photos and b-roll media contacts are: Justin Broglio Communications Officer, Desert Research Institute Ph: (775) 673-7610 email@example.com Mark Barker Director of Business Development and Marketing, the FAA-designated Nevada UAS Test Site and the Nevada Institute for Autonomous Systems (NIAS) Ph: (702) 793-4218 Mark.Barker@nias-uas.com Photos accompanying this release are available at: http://www.globenewswire.com/newsroom/prs/?pkgid=42193 http://www.globenewswire.com/newsroom/prs/?pkgid=42194
News Article | February 17, 2017
SANTA CLARA, California, Feb. 17, 2017 /PRNewswire/ -- Crown Bioscience, a wholly owned subsidiary of Crown Bioscience International (TWSE: ticker 6554) and a global drug discovery and development services company providing translational platforms to advance oncology and metabolic disease research, has enhanced its digital engagement strategy with the release of OncoExpress, an innovative oncology data search engine. CrownBio soft launched the OncoExpress web application in the second half of 2016 and is today able to offer an improved user experience thanks to more powerful search and analysis capabilities that enhance its speed and stability, a newly designed, intuitive interface, as well as enhanced data and graphical display. Data volume has been expanded, to include integrated genomic, pharmacological, and histopathology data for patient-derived and cell line derived xenografts, in addition to syngeneic, HuGEMM™, and MuPrime™ immuno-oncology models. OncoExpress has also become available as a mobile app for both Apple and Android operating systems to enable users to access high level model data from their mobile devices "on-the-go". "The enhancements to the OncoExpress technology platform demonstrate our commitment to help scientists extract value from our oncology model data," said Laurie Heilmann, SVP of Global Strategy, Business Development and Marketing. She continued, "We will endure in our efforts to build groundbreaking toolsets that help our customers advance their research and will be offering more enhancements to existing platforms throughout 2017." To drive the digital strategy CrownBio has also hired Gavin Cooper as Executive Director of Marketing. Cooper will lead the corporate marketing group and will be responsible for the ongoing development of the platform. Cooper joins the company with more than 12 years' experience of creating positive brand experiences through digital engagement. OncoExpress can be accessed from oncoexpress.crownbio.com. The mobile app can be downloaded from , and the Apple Store. For more information on CrownBio's commitment to furthering the field of oncology and metabolic disease drug discovery, visit https://www.crownbio.com/ Crown Bioscience is a global drug discovery and development solutions company providing translational platforms to advance oncology and metabolic disease research. With an extensive portfolio of relevant models and predictive tools, Crown Bioscience enables clients to deliver superior clinical candidates. OncoExpress is an intuitive search application enabling access to scientific data held in CrownBio's three proprietary oncology databases, HuBase™, MuBase®, and XenoBase®. The search engine returns model data that includes, tumor growth curves, response to standard of care, biomarker identification, gene expression, and mutation analysis.
News Article | February 24, 2017
Inventus Power, a global designer and manufacturer of battery packs, chargers and power supplies for the consumer, commercial, medical and military markets, today announced it launched a new multi-platform branding and advertising campaign, encouraging global OEMs to "Believe in Possible" when searching for a power systems supplier for their devices. Inventus Power, which was created through the merger of ICCNexergy and Palladium Energy, is the leading single-source manufacturer for rechargeable power systems, consistently delivering safe, reliable, high-performing batteries, chargers and power supplies that enhance the design of OEM products. The "Believe in Possible" tagline and advertising creative were developed by Modo Modo Agency of Atlanta, GA. The messaging communicates to OEMs to not compromise on their specific needs because the perfect power solutions provider seems unattainable, but rather believe in what is possible. Inventus Power is capable of meeting the demanding and unique requirements of global brands, “any region, any market, any power solutions requirement...Inventus Power.” "As we continue to celebrate the formation of Inventus Power and the enhanced capabilities offered, we are proud to build a brand that communicates to our customers and the industry at-large that we are an experienced, innovative and global partner,” said Jeffrey VanZwol, Vice President of Business Development and Marketing for Inventus Power. “With our comprehensive technology portfolio and proven manufacturing processes, we are able to meet the stringent power demands for leading OEMs as they design increasingly complex devices with unique power needs." About Inventus Power: Inventus Power, founded in 1960, is the world’s largest power systems manufacturer that integrates and delivers battery packs, chargers & docking stations and power supplies across the consumer, commercial, medical and military & government markets and is located in ten countries across four continents. With headquarters in Woodridge, Ill. and manufacturing facilities in the United States, Mexico, Brazil, China and Malaysia, we are globally positioned to be a catalyst for our customers’ success. Inventus Power utilizes decades of design, engineering and market expertise to apply innovative technology to our OEM customers’ devices, and ensures a reliable, high quality product through our vertically integrated processes and performance testing capabilities. For more information about Inventus Power, please visit http://www.inventuspower.com and follow @inventuspower.