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News Article | May 12, 2017
Site: globenewswire.com

FALLS CHURCH, Va., May 12, 2017 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) will conduct its annual shareholders meeting Wednesday, May 17. The meeting, which includes a presentation by Wes Bush, chairman, chief executive officer and president, will be webcast beginning at 8 a.m. Eastern time at www.northropgrumman.com. An audio replay will be available for two weeks. Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, strike, and logistics and modernization to customers worldwide. Please visit news.northropgrumman.com and follow us on Twitter, @NGCNews, for more information. Note: Statements in this press release, other than statements of historical fact, constitute “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “expect,” “intend,” “plan,” “believe,” “estimate,” “guidance,” and similar expressions generally identify these forward-looking statements. These forward-looking statements speak only as of the date when made, and the Company undertakes no obligation to update or revise any forward-looking statements after the date of this press release. Forward-looking statements are not guarantees of future performance and inherently involve a wide range of risks and uncertainties that are difficult to predict. Actual results may differ materially from those described or implied in these statements based on a number of factors, including global economic conditions, economic conditions in our industry, government fiscal and budget policies, changes in interest rates and other market conditions. A discussion of these risks and uncertainties is contained in the Company’s filings with the Securities and Exchange Commission.


News Article | May 12, 2017
Site: globenewswire.com

FALLS CHURCH, Va., May 12, 2017 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) will conduct its annual shareholders meeting Wednesday, May 17. The meeting, which includes a presentation by Wes Bush, chairman, chief executive officer and president, will be webcast beginning at 8 a.m. Eastern time at www.northropgrumman.com. An audio replay will be available for two weeks. Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, strike, and logistics and modernization to customers worldwide. Please visit news.northropgrumman.com and follow us on Twitter, @NGCNews, for more information. Note: Statements in this press release, other than statements of historical fact, constitute “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “expect,” “intend,” “plan,” “believe,” “estimate,” “guidance,” and similar expressions generally identify these forward-looking statements. These forward-looking statements speak only as of the date when made, and the Company undertakes no obligation to update or revise any forward-looking statements after the date of this press release. Forward-looking statements are not guarantees of future performance and inherently involve a wide range of risks and uncertainties that are difficult to predict. Actual results may differ materially from those described or implied in these statements based on a number of factors, including global economic conditions, economic conditions in our industry, government fiscal and budget policies, changes in interest rates and other market conditions. A discussion of these risks and uncertainties is contained in the Company’s filings with the Securities and Exchange Commission.


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

"We commend MCNC for taking the initiative to evidence that their control environment has been implemented successfully and is operating as intended," said Juan Vargas, Senior IT Security Auditor, Assure Professional. "It is admirable for a company to provide this assurance to their users." The American Institute of Certified Public Accountants (AICPA) is the governing organization for SOC 2. In 2012, MCNC achieved SOC Type I certification. Type I reports examine policies and procedures placed in operation at a specific moment in time. Type II reports are more comprehensive and designed for advanced IT service providers as systems are evaluated for a minimum of six months to a year. Organizations that undergo this independent review and achieve this level of certification by meeting very stringent requirements have proven that its entire system is designed to keep its customers' sensitive data secure. "In today's cyber environment where third-party vendor risk is at an all-time high, it is imperative that customers look for solutions that can provide baseline security controls for the protection of their data," said Maria Thompson, State Chief Risk Officer with the N.C. Department of Information Technology, noting that NC DIT requires all state agencies to certify the facilities housing state data are appropriately secured. "Understanding that there is no 'silver bullet', a SOC 2 Type II certification is an industry best practice designed to identify organizations that can best meet the trust principles." MCNC Director of Security and Chief Security Architect Chris Beal explained that securing an organization's networking infrastructure requires employees and institutions alike to proactively manage and protect personal and organizational assets. He says MCNC manages security threats and responses in the context of business risks and continues to strengthen its ability to rapidly detect and respond to security threats on NCREN. "MCNC recognizes the increasing importance of ensuring our services are secure and resilient in the face of cyber threats," said Beal. "The SOC 2 Type II standard sets a clear bar for appropriate security and risk management practices, and then goes a step further to ensure the right controls are in place, signifying our commitment to operating a secure data center." MCNC employs an experienced team of engineers to efficiently run and manage its data centers. MCNC's 5,000 square-foot data center in Research Triangle Park is SOC 2 Type II compliant. MCNC also has a data center presence at the Pisgah Astronomical Research Institute (PARI) in Rosman that has more than 1,500 square-feet, raised-floor space in a building constructed to stringent U.S. Department of Defense standards. "From basic broadband to advanced services for experimental networks, MCNC is instrumental in connecting millions of North Carolinians with reliable and forward-thinking technology solutions," said Jean Davis, MCNC President and CEO. "This extensive effort to validate our security protocols and procedures further demonstrates our commitment to our customers with a structured approach to risk management." MCNC offers colocation, data protection, and managed hosting within its data centers. MCNC's Network Operations Center (NOC) staff and Client Network Engineers (CNE) offer a range of expertise from the most basic managed hosting services to more advanced performance monitoring, digital diagnostics, architecture assessments and planning, system tuning, IT management, and planning services. For more information, view the MCNC Service Catalog. For more information and specifics about MCNC Security, visit here. MCNC, a technology nonprofit that builds, owns and operates the North Carolina Research and Education Network (NCREN), has served research, education, non-profit health care and other community institutions with Internet connectivity in the state for more than 30 years. NCREN is the fundamental broadband infrastructure for more than 500 of these institutions including all K-20 education in North Carolina. As one of the nation's premier middle-mile networks, MCNC leverages high-speed fiber on NCREN to customize Internet services and related applications for each customer while supporting private service providers in bringing cost-efficient connectivity to rural and underserved communities in North Carolina. Visit www.mcnc.org. MCNC Social:Facebook, Twitter@MCNC,YouTube,Google+,LinkedIn. Editorial Contact Noah Garrett, NGC Communications, on behalf of MCNC: (252) 423.1277 or press@mcnc.org To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/mcnc-boosts-cybersecurity-on-north-carolina-research-and-education-network-300454279.html


News Article | May 12, 2017
Site: globenewswire.com

FALLS CHURCH, Va., May 12, 2017 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) will conduct its annual shareholders meeting Wednesday, May 17. The meeting, which includes a presentation by Wes Bush, chairman, chief executive officer and president, will be webcast beginning at 8 a.m. Eastern time at www.northropgrumman.com. An audio replay will be available for two weeks. Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, strike, and logistics and modernization to customers worldwide. Please visit news.northropgrumman.com and follow us on Twitter, @NGCNews, for more information. Note: Statements in this press release, other than statements of historical fact, constitute “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “expect,” “intend,” “plan,” “believe,” “estimate,” “guidance,” and similar expressions generally identify these forward-looking statements. These forward-looking statements speak only as of the date when made, and the Company undertakes no obligation to update or revise any forward-looking statements after the date of this press release. Forward-looking statements are not guarantees of future performance and inherently involve a wide range of risks and uncertainties that are difficult to predict. Actual results may differ materially from those described or implied in these statements based on a number of factors, including global economic conditions, economic conditions in our industry, government fiscal and budget policies, changes in interest rates and other market conditions. A discussion of these risks and uncertainties is contained in the Company’s filings with the Securities and Exchange Commission.


News Article | May 12, 2017
Site: globenewswire.com

FALLS CHURCH, Va., May 12, 2017 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) will conduct its annual shareholders meeting Wednesday, May 17. The meeting, which includes a presentation by Wes Bush, chairman, chief executive officer and president, will be webcast beginning at 8 a.m. Eastern time at www.northropgrumman.com. An audio replay will be available for two weeks. Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, strike, and logistics and modernization to customers worldwide. Please visit news.northropgrumman.com and follow us on Twitter, @NGCNews, for more information. Note: Statements in this press release, other than statements of historical fact, constitute “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “expect,” “intend,” “plan,” “believe,” “estimate,” “guidance,” and similar expressions generally identify these forward-looking statements. These forward-looking statements speak only as of the date when made, and the Company undertakes no obligation to update or revise any forward-looking statements after the date of this press release. Forward-looking statements are not guarantees of future performance and inherently involve a wide range of risks and uncertainties that are difficult to predict. Actual results may differ materially from those described or implied in these statements based on a number of factors, including global economic conditions, economic conditions in our industry, government fiscal and budget policies, changes in interest rates and other market conditions. A discussion of these risks and uncertainties is contained in the Company’s filings with the Securities and Exchange Commission.


News Article | May 12, 2017
Site: globenewswire.com

FALLS CHURCH, Va., May 12, 2017 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) will conduct its annual shareholders meeting Wednesday, May 17. The meeting, which includes a presentation by Wes Bush, chairman, chief executive officer and president, will be webcast beginning at 8 a.m. Eastern time at www.northropgrumman.com. An audio replay will be available for two weeks. Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, strike, and logistics and modernization to customers worldwide. Please visit news.northropgrumman.com and follow us on Twitter, @NGCNews, for more information. Note: Statements in this press release, other than statements of historical fact, constitute “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “expect,” “intend,” “plan,” “believe,” “estimate,” “guidance,” and similar expressions generally identify these forward-looking statements. These forward-looking statements speak only as of the date when made, and the Company undertakes no obligation to update or revise any forward-looking statements after the date of this press release. Forward-looking statements are not guarantees of future performance and inherently involve a wide range of risks and uncertainties that are difficult to predict. Actual results may differ materially from those described or implied in these statements based on a number of factors, including global economic conditions, economic conditions in our industry, government fiscal and budget policies, changes in interest rates and other market conditions. A discussion of these risks and uncertainties is contained in the Company’s filings with the Securities and Exchange Commission.


News Article | May 12, 2017
Site: www.businesswire.com

TORONTO--(BUSINESS WIRE)--Acerus Pharmaceuticals Corporation (TSX: ASP) today reported its financial results for the three month period ended March 31, 2017. Unless otherwise noted, all amounts are in U.S. dollars. “The Canadian launch of Natesto® is off to a very strong start and prescriptions in the U.S. have been accelerating at an increased rate over the last weeks,” says Tom Rossi. “We have also begun to prepare for the launch of GynoflorTM in Canada which, if approved, could be an important growth driver for the Company. We continue to advance our efforts to partner Natesto® on a global scale and hope to close an additional deal in the second quarter.” Financial Results for the Three Months Ended March 31, 2017 Product revenue for the first quarter 2017 totalled $1.0 million versus $1.9 million for the same prior year period. Product revenues mainly relate to the sale of Estrace®. On a Canadian dollar basis, product sales of Estrace® in the first quarter 2017 decreased by 50% over first quarter 2016 due to a third-party generic obtaining public reimbursement across major provinces in July 2016. On a cumulative Canadian dollar basis, product sales of Estrace® from July 1, 2016 to March 31, 2017 have decreased by 35% over the same prior year period. Research and development (“R&D”) expenses for the first quarter 2017 and 2016 were $0.7 million and $0.5 million respectively. The higher expenses in the current quarter are mainly due to the New Drug Submission (“NDS”) fees for GynoflorTM. Selling, general and administrative expenses (“SG&A”) were $1.6 million and $1.0 million for first quarter 2017 and 2016 respectively. Earnings before interest, tax, depreciation and amortization (“EBITDA”) (see “Non-IFRS Financial Measures” below) for first quarter 2017 was a loss of $1.7 million compared to a loss of $1.5 million in the same prior year period. Adjusted EBITDA (see “Non-IFRS Financial Measures” below) for first quarter 2017 was a loss of $1.4 million compared to an income of $0.3 million in the same prior year period. On March 31, 2017, the Company had current assets of $8.6 million and current liabilities of $4.4 million. The remaining $4.0 million of the Aytu upfront payment was received in January 2017. The Company used these funds to extinguish its outstanding long-term debt with an affiliate of MidCap Financial LLC. Basic and diluted loss per share for first quarter 2017 was a loss of $0.01. Natesto® is a nasal gel formulation of testosterone developed by Acerus Pharmaceutical Corporation and indicated as a replacement therapy for men diagnosed with conditions associated with a deficiency or absence of endogenous testosterone (hypogonadism). It is the first and only nasally-administered testosterone product approved by the U.S. FDA and Health Canada and available in a ‘no-touch’ dispenser with a metered dose pump. A copy of the Natesto® Canadian product monograph can be found at: http://www.aceruspharma.com/English/products-and-pipeline/NATESTO®/default.aspx. For further information, specific to the U.S. product dosing and administration, please visit: www.NATESTO®.com. On April 5, 2017, the Company announced that Hyundai Pharm Co., Ltd filed an application for the marketing approval of Natesto® with the Ministry of Food and Drug Safety (MFDS) in South Korea. Hyundai Pharm acquired an exclusive license to market NATESTO® in South Korea from Acerus in December 2016. If approved by MFDS, NATESTO® will be the first and only testosterone nasal gel indicated for the treatment of low testosterone in South Korea. The Corporation is currently pursuing commercial partnerships for Natesto® globally. On November 16, 2015, Health Canada granted a Notice of Compliance (NOC) for a third party generic version of Estrace®, which is commercially available in Canada and obtained public reimbursement across major provinces as of July 2016. On February 28, 2017, the Corporation filed a New Drug Submission (“NDS”) with Health Canada to obtain marketing approval for GynoflorTM in Canada. If approved, GynoflorTM will be the first estriol + lactobacilli product on the Canadian market. Gynoflor™ is an ultra-low dose estrogen (estriol) and probiotic (Lactobacillus acidophilus) combination vaginal tablet, which, if approved, may be used for the treatment of symptoms of vaginal atrophy, for the restoration of vaginal flora following the use of anti-infectives and for the treatment of mild vaginal infections. Gynoflor™ is approved in 41 countries across Europe, Asia-Pacific, the Middle East, Africa and South America, and it is estimated that up to 32.7 million women worldwide have been treated with the product to date. Appointment of Ken Yoon to the position of Chief Financial Officer Mr. Yoon will officially join Acerus on June 1, 2017. He is a Chartered Professional Accountant (CPA, CA) and also holds a Bachelor of Science degree from the University of Western Ontario, a Bachelor of Laws from Queen’s University and an MBA from the University of Toronto. Most recently, Ken held the position of CFO and Vice President of Corporate Development as well as Corporate Secretary at Vive Crop Protection Inc. Previous to his time at Vive, he was with VG Private Equity Partners as their Senior Associate, Investments – Advanced Life Sciences Fund. He also held the position of Strategist, Entrepreneurial Business Centre (EBC) at Ernst & Young. On December 21, 2016, the Honourable Mr. Justice Wilton-Siegel of the Ontario Superior Court of Justice heard a motion brought by Mr. Eugene Melnyk for leave to commence a derivative action in the name of the Company against certain of the Company’s directors and officers. The motion was dismissed by Mr. Justice Wilton-Siegel with written reasons to follow. On February 22, 2017, Justice Wilton-Siegel issued his written reasons dismissing Mr. Melnyk's claim with costs. On April 6, 2017, Mr. Eugene Melnyk served a Notice of Appeal to the Divisional Court of the Ontario Superior Court of Justice in order to appeal the decision of Justice Wilton-Siegel. A hearing date for the appeal to the Divisional Court has not yet been set. The above information is in summary form and readers are encouraged to consult the documents noted below for further details at the links indicated or on SEDAR at www.sedar.com. Shareholders are reminded of the conference call to discuss the Company’s first quarter 2017 results to be held on Monday, May 15, 2017 at 8:30 a.m. Eastern Time. To access the call live, please dial 416-340-2216 or 1-866-225-2055. Listeners are encouraged to dial in 10 minutes before the call begins to avoid delays. A replay of the conference call will be available until 11:59 p.m. Eastern Time on Monday, May 22, 2017 by dialing 905-694-9451 or 1-800-408-3053, using access code: 7380968#. Acerus Pharmaceuticals Corporation is a fully- integrated, Canadian specialty pharmaceutical company engaged in the development, manufacture, marketing and distribution of innovative, branded products in Men’s and Women’s Health. Acerus’ shares trade on TSX under the symbol ASP. For more information, visit www.aceruspharma.com and follow us on Twitter and LinkedIn. The non-IFRS measures included in this press release are not recognized measures under IFRS and do not have a standardized meaning prescribed by IFRS and may not be comparable to similar measures presented by other issuers. When used, these measures are defined in such terms as to allow the reconciliation to the closest IFRS measure. These measures are provided as additional information to complement those IFRS measures by providing further understanding of our results of operations from our perspective. Accordingly, they should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. Despite the importance of these measures to management in goal setting and performance measurement, we stress that these are non-IFRS measures that may have limits in their usefulness to investors. We use non-IFRS measures, such as EBITDA and Adjusted EBITDA to provide investors with a supplemental measure of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS financial measures. We also believe that securities analysts, investors and other interested parties frequently use non-IFRS measures in the valuation of issuers. We also use non-IFRS measures in order to facilitate operating performance comparisons from period to period, prepare annual operating budgets, and to assess our ability to meet our future debt service, capital expenditure and working capital requirements. The definition and reconciliation of EBITDA and Adjusted EBITDA used and presented by the Company to the most directly comparable IFRS measures refer to the section “Non-IFRS Financial Measures” in our 2016 Annual MD&A available on SEDAR at www.sedar.com. Information in this press release that is not current or historical factual information may constitute forward looking information within the meaning of securities laws. Implicit in this information are assumptions regarding our future operational results. These assumptions, although considered reasonable by the company at the time of preparation, may prove to be incorrect. Readers are cautioned that actual performance of the company is subject to a number of risks and uncertainties, including with respect to the ability of Acerus to obtain regulatory approval for GYNOFLOR™, and could differ materially from what is currently expected as set out above. For more exhaustive information on these risks and uncertainties you should refer to our annual information form dated March 7, 2017 which is available at www.sedar.com. Forward-looking information contained in this press release is based on our current estimates, expectations and projections, which we believe are reasonable as of the current date. You should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While we may elect to, we are under no obligation and do not undertake to update this information at any particular time, whether as a result of new information, future events or otherwise, except as required by applicable securities law.


On Wednesday, shares in Providence, Rhode Island headquartered Textron Inc. ended the session 0.42% lower at $46.88 with a total volume of 853,441 shares traded. Textron's shares have gained 22.56% in the past one year. Shares of the Company are trading at a PE ratio of 16.12. The stock is trading 5.33% above its 200-day moving average. Moreover, shares of the Company, which operates in the aircraft, defense, industrial, and finance businesses worldwide, have a Relative Strength Index (RSI) of 50.63. TXT complete research report is just a click away and free at: On Wednesday, shares in Falls Church, Virginia-based Northrop Grumman Corp. recorded a trading volume of 780,148 shares. The stock ended the day 0.55% lower at $248.11. Shares of the Company, which provides systems, products, and solutions to government and commercial customers in the areas of aerospace, mission systems, and technology services worldwide, are trading at a PE ratio of 19.39. Northrop Grumman's stock has advanced 3.66% in the last one month and 7.14% in the previous three months. Furthermore, the stock has gained 15.92% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 2.23% and 7.79%, respectively. Furthermore, Northrop Grumman's shares have an RSI of 58.27. The complimentary report on NOC can be downloaded at: El Segundo, California headquartered Aerojet Rocketdyne Holdings Inc.'s stock finished Wednesday's session 1.09% lower at $20.87 with a total volume of 329,711 shares traded. Over the last three months and the previous one year, Aerojet Rocketdyne's shares have gained 11.66% and 15.62%, respectively. The Company's shares are trading above its 200-day moving average by 8.67%. Shares of Aerojet Rocketdyne, which designs, develops, manufactures, and sells aerospace and defense products and systems in the US, are trading at a PE ratio of 78.75. The stock has an RSI of 34.04. Sign up for your complimentary research report on AJRD at: Berwyn, Pennsylvania headquartered Triumph Group Inc.'s stock declined 11.11%, to close the day at $21.60. The stock recorded a trading volume of 2.57 million shares, which was above its three months average volume of 643,210 shares. Triumph's shares are trading 15.16% and 21.03% below its 50-day and 200-day moving averages, respectively. Additionally, share of the Company, which designs, engineers, manufactures, repairs, overhauls, and distributes aero structures, aircraft components, accessories, subassemblies, and systems worldwide, have an RSI of 22.52. Get free access to your research report on TGI at: Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. 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News Article | May 11, 2017
Site: www.prweb.com

OATI and USA Microgrids is pleased to host the Association of Large Distribution Cooperatives (ALDC) at the OATI Microgrid Technology Center today as part of the ALDC’s annual Spring CEO meeting, showcasing its unique model of a functioning commercial microgrid. This microgrid combines advanced technologies such as Combined Cooling, Heat, and Power (CCHP), solar photovoltaic (PV) wind generation, and energy storage. ALDC is on site to explore the future of affordable and reliable electricity for their customers. In the past, electric distribution cooperatives would not have considered a microgrid as a feasible business option. However, with decreasing technology costs, microgrids are now proving to be a smart option for businesses looking to cut costs while enhancing reliability. USA Microgrids can aid companies in exploring ways to build, manage, and optimize their microgrids as a successful investment, and performs a wide variety of services to support microgrids and Distributed Energy Resources (DERs). These services include feasibility studies, facility operations, asset optimization, maintenance, NOC operation services, and other aspects of managing generation assets. USA Microgrids understands how microgrids are designed, how they operate, and how they interact with the utility and markets. “OATI and USA Microgrids are excited to show communities, municipalities, and commercial and industrial businesses that microgrids are not only a feasible option, but a necessary component to provide reliable and economic energy in the future,” said David Heim, Chief Strategy Officer for OATI and USA Microgrids. About OATI OATI provides innovative software solutions that simplify, streamline, and empower the operational tasks required in today’s energy commerce and Smart Grid. With more than 1,800 customers OATI (http://www.oati.com) is a leading provider of Smart Grid, Energy Trading and Risk Management, Transmission Scheduling, Congestion Management, and Market Management products and services. OATI is headquartered in Minneapolis, Minnesota, with offices in Redwood City, California. For more information, please contact sales(at)oati.net. About USA Microgrids USA Microgrids, an OATI company, addresses the needs of distribution cooperatives and utilities, Commercial and Industrial businesses, communities, and municipal emergency services looking for more reliable and resilient electricity supply by self-generating power. We leverage next-generation technology and deep staff experience, plus best-in-class providers of microgrid design services and equipment to offer a full microgrid development and operations platform.


ISTANBUL, Turkey--(BUSINESS WIRE)--Turkcell, an integrated communication and technology services provider which serves about 50.4 million customers in Turkey and its region, selects ODINETM, a suite of intelligent wholesale voice business management applications, to increase the agility of their wholesale voice operations with greater efficiency and flexibility thanks to ODINE’s highly integrated structure and tailored features for Wholesale Carriers. Rapidly integrated with Turkcell’s existing back office elements and customized to its needs, ODINETM will help Turkcell; After a thorough evaluation, Turkcell has chosen ODINETM for monitoring and optimizing their Wholesale Voice Operation. They have seen that ODINE has led to significant improvements in their operational efficiency through its flexible ad-hoc CDR search engine, customizable widget-based Operational, Strategic & Analytical Dashboards, heads up NOC displays, multi-factor alarming and notification, and custom automated reporting engine. ODINE’s automation of these processes assures service quality, and minimizes the time spent by account managers as well as NOC Engineers on managing their wholesale business. "Our customers and carrier partners expect high service quality from our Wholesale Voice department," said Mr. Özgür Genç, Network Technologies Core Network Operations Director at Turkcell. "With ODINE, we can make our wholesale business more efficient and agile, leading to improved quality, lowered operating costs, and higher traffic volumes & margins. ODINE has provided us with the visibility, intelligence, and actionable insights to do all of this and more." Mr. Alper Tunga Burak, Managing Partner of Verscom Solutions said; "Turkcell's decision to deploy Verscom Solutions’ ODINE product has proven once again how our solutions and expertise meet the needs of complex and large scale Tier1 operators such as Turkcell and we look forward to updating Turkcell to the next generation BOS module of ODINE which adds Mobility and Offer Management." Verscom Solutions is a leading Systems Integrator and a Cloud PaaS/SaaS Service Provider to Communication Service Providers as well as Wholesale Voice/Data Aggregators across the globe. Our "Go Cloud" Service bundles ODINE which provides flexible policy driven routing, route optimization, offer management, rating, billing, number portability, technical and business reporting & analytics, as well as dispute management, with best-of-breed SBC, TDM/SIP Interworking services on the cloud. With regional offices in Istanbul, London, Dubai and Lahore, Verscom Solutions' geographical presence, experience, and cultural fluency bridges Europe and Asia, while uniquely serving emerging markets across Africa. For more information visit http://verscomsolutions.com/. Turkcell is a converged telecommunication and technology services provider, founded and headquartered in Turkey. It serves its customers with voice, data, TV and value-added consumer and enterprise services on mobile and fixed networks. Turkcell launched LTE services in its home country on April 1st , 2016, employing LTE-Advanced and 3 carrier aggregation technologies in 81 cities. In 2G and 3G, Turkcell’s population coverage is at 99.63% and 96.21%, respectively, as of March 2017. It offers up to 1 Gbps fiber internet speed with its FTTH services. Turkcell Group companies operate in 9 countries – Turkey, Ukraine, Belarus, Northern Cyprus, Germany, Azerbaijan, Kazakhstan, Georgia, Moldova – as of March 31, 2017. Turkcell Group reported a TRY4.1 billion revenue in Q117 with total assets of TRY33.0 billion as of March 31, 2017. It has been listed on the NYSE and the BIST since July 2000, and is the only NYSE-listed company in Turkey. Read more at http://turkcell.com.tr/.

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