Leuven, Belgium
Leuven, Belgium

Time filter

Source Type

MELVILLE, N.Y., May 15, 2017 (GLOBE NEWSWIRE) -- Park Electrochemical Corp. (NYSE:PKE) announced the appointment of John Jamieson as the President of Neltec Inc., Park’s electronics Business Unit based in Tempe, Arizona.  In this position, Mr. Jamieson will report to Mark Esquivel, Park’s Vice-President Aerospace and President of Park Aerospace Technologies Corp., Park’s aerospace Business Unit located in Newton, Kansas.  Mr. Jamieson will continue in his position as Vice President of Aerospace Supply Chain Management of Park Electrochemical Corp., also reporting to Mr. Esquivel. Mr. Jamieson joined Park Electrochemical Corp. in October 2014 as Vice President of Project Management and has been Vice President of Aerospace Supply Chain Management since January 2015.  Prior to joining Park, Mr. Jamieson was General Manager of Active Metal Finishing Company Ltd., a metal finishing and industrial coating company located in Toronto, Ontario, Canada, from October 2011 to November 2013.  Prior to October 2011, Mr. Jamieson was Vice President Global Manufacturing Engineering of Sanmina-SCI Corporation, a leading electronics contract manufacturing services company, from 2007 to 2011 and Director, Global Manufacturing Engineering of Sanmina-SCI Corporation from 2003 to 2007.  Mr. Jamieson held several engineering and managerial positions with Fullarton Computer Industries, an electronics contract manufacturing services company, from 1987 to 2003, and he was a Fabrication Planning Engineer from 1979 to 1987 with Scott Lithgow Ltd., a fabrication and construction facility.  Mr. Jamieson received a Mechanical and Production Engineering degree from James Watt College in Scotland. Brian Shore, Park Electrochemical Corp.’s Chairman and CEO, said, “I would like to thank Pat Crowley, who recently rejoined Park as President of Neltec, Inc., for getting us started on the path of reinventing Neltec into a Niche Company and now handing the baton to John Jamison.  Pat will continue to serve and help Park in other capacities in the future.” Park Electrochemical Corp. is a global advanced materials company which develops and manufactures advanced composite materials, primary and secondary structures and assemblies and low-volume tooling for the aerospace markets and high-technology digital and RF/microwave printed circuit materials principally for the telecommunications and internet infrastructure, enterprise and military markets. The Company’s manufacturing facilities are located in Kansas, Singapore, France, Arizona and California. The Company also maintains R&D facilities in Arizona, Kansas and Singapore. Additional corporate information is available on the Company’s web site at www.parkelectro.com.


MELVILLE, N.Y., May 15, 2017 (GLOBE NEWSWIRE) -- Park Electrochemical Corp. (NYSE:PKE) announced the appointment of John Jamieson as the President of Neltec Inc., Park’s electronics Business Unit based in Tempe, Arizona.  In this position, Mr. Jamieson will report to Mark Esquivel, Park’s Vice-President Aerospace and President of Park Aerospace Technologies Corp., Park’s aerospace Business Unit located in Newton, Kansas.  Mr. Jamieson will continue in his position as Vice President of Aerospace Supply Chain Management of Park Electrochemical Corp., also reporting to Mr. Esquivel. Mr. Jamieson joined Park Electrochemical Corp. in October 2014 as Vice President of Project Management and has been Vice President of Aerospace Supply Chain Management since January 2015.  Prior to joining Park, Mr. Jamieson was General Manager of Active Metal Finishing Company Ltd., a metal finishing and industrial coating company located in Toronto, Ontario, Canada, from October 2011 to November 2013.  Prior to October 2011, Mr. Jamieson was Vice President Global Manufacturing Engineering of Sanmina-SCI Corporation, a leading electronics contract manufacturing services company, from 2007 to 2011 and Director, Global Manufacturing Engineering of Sanmina-SCI Corporation from 2003 to 2007.  Mr. Jamieson held several engineering and managerial positions with Fullarton Computer Industries, an electronics contract manufacturing services company, from 1987 to 2003, and he was a Fabrication Planning Engineer from 1979 to 1987 with Scott Lithgow Ltd., a fabrication and construction facility.  Mr. Jamieson received a Mechanical and Production Engineering degree from James Watt College in Scotland. Brian Shore, Park Electrochemical Corp.’s Chairman and CEO, said, “I would like to thank Pat Crowley, who recently rejoined Park as President of Neltec, Inc., for getting us started on the path of reinventing Neltec into a Niche Company and now handing the baton to John Jamison.  Pat will continue to serve and help Park in other capacities in the future.” Park Electrochemical Corp. is a global advanced materials company which develops and manufactures advanced composite materials, primary and secondary structures and assemblies and low-volume tooling for the aerospace markets and high-technology digital and RF/microwave printed circuit materials principally for the telecommunications and internet infrastructure, enterprise and military markets. The Company’s manufacturing facilities are located in Kansas, Singapore, France, Arizona and California. The Company also maintains R&D facilities in Arizona, Kansas and Singapore. Additional corporate information is available on the Company’s web site at www.parkelectro.com.


MELVILLE, N.Y., May 15, 2017 (GLOBE NEWSWIRE) -- Park Electrochemical Corp. (NYSE:PKE) announced the appointment of John Jamieson as the President of Neltec Inc., Park’s electronics Business Unit based in Tempe, Arizona.  In this position, Mr. Jamieson will report to Mark Esquivel, Park’s Vice-President Aerospace and President of Park Aerospace Technologies Corp., Park’s aerospace Business Unit located in Newton, Kansas.  Mr. Jamieson will continue in his position as Vice President of Aerospace Supply Chain Management of Park Electrochemical Corp., also reporting to Mr. Esquivel. Mr. Jamieson joined Park Electrochemical Corp. in October 2014 as Vice President of Project Management and has been Vice President of Aerospace Supply Chain Management since January 2015.  Prior to joining Park, Mr. Jamieson was General Manager of Active Metal Finishing Company Ltd., a metal finishing and industrial coating company located in Toronto, Ontario, Canada, from October 2011 to November 2013.  Prior to October 2011, Mr. Jamieson was Vice President Global Manufacturing Engineering of Sanmina-SCI Corporation, a leading electronics contract manufacturing services company, from 2007 to 2011 and Director, Global Manufacturing Engineering of Sanmina-SCI Corporation from 2003 to 2007.  Mr. Jamieson held several engineering and managerial positions with Fullarton Computer Industries, an electronics contract manufacturing services company, from 1987 to 2003, and he was a Fabrication Planning Engineer from 1979 to 1987 with Scott Lithgow Ltd., a fabrication and construction facility.  Mr. Jamieson received a Mechanical and Production Engineering degree from James Watt College in Scotland. Brian Shore, Park Electrochemical Corp.’s Chairman and CEO, said, “I would like to thank Pat Crowley, who recently rejoined Park as President of Neltec, Inc., for getting us started on the path of reinventing Neltec into a Niche Company and now handing the baton to John Jamison.  Pat will continue to serve and help Park in other capacities in the future.” Park Electrochemical Corp. is a global advanced materials company which develops and manufactures advanced composite materials, primary and secondary structures and assemblies and low-volume tooling for the aerospace markets and high-technology digital and RF/microwave printed circuit materials principally for the telecommunications and internet infrastructure, enterprise and military markets. The Company’s manufacturing facilities are located in Kansas, Singapore, France, Arizona and California. The Company also maintains R&D facilities in Arizona, Kansas and Singapore. Additional corporate information is available on the Company’s web site at www.parkelectro.com.


THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES Pétrolia Inc. (TSX VENTURE:PEA) ("Pétrolia" or the "Company") announces that it has entered into a definitive agreement dated May 15, 2017 (the "Arrangement Agreement") with Pieridae Energy Limited ("Pieridae"), a private Canadian corporation, providing for a business combination by way of plan of arrangement (the "Arrangement") in accordance with Section 192 of the Canada Business Corporations Act (the "CBCA"), pursuant to which Pétrolia and Pieridae will amalgamate to form a new entity to be named "Pieridae Energy Limited" ("Amalco"). The completion of the Arrangement will result in a reverse takeover of the Company as defined in the policies of the TSX Venture Exchange (the "Exchange"). Completion of the Arrangement is subject to, among other things, the approval of the Exchange and shareholder approval from Pétrolia and Pieridae shareholders. This Arrangement will enable Amalco to strategically position itself in the North American equity markets as a developing fully integrated energy company, from upstream production to the sale of liquefied natural gas ("LNG"). Pieridea's Goldboro LNG facility project (the "Goldboro LNG Project"), combined with the resource potential held by Pétrolia, constitutes an opportunity for investors to participate in the evolution and growth of Canada's only integrated LNG facility holding key permits and approvals for its current stage of development. It is expected that the combined expertise and diversification of the two companies will provide Amalco with the potential of an effective and sustainable long term growth plan. The Arrangement will also allow Pétrolia shareholders an opportunity to participate in the LNG industry through the development of an integrated energy company and provide the means for an accelerated exploration of Pétrolia's properties while offering a long-term market for any gas production. Pétrolia's shareholders will receive an immediate premium and considerable potential upside when correlated against similar corporate situations in the North America equity markets this past year. Amalco will maintain offices in Calgary, Québec City and Halifax. The Boards of Directors of each of Pieridae and Pétrolia have unanimously approved the Arrangement and determined that it is in the best interests of their respective shareholders. Laurentian Bank Securities Inc. ("Laurentian Bank Securities") is acting as exclusive financial advisor to Pieridae with respect to the Arrangement. Pieridae is a privately held Canadian corporation based in Calgary, Alberta. Focused on the development of the Goldboro LNG Project, Pieridae has embarked on a strategy to consolidate natural gas reserves in key natural gas basins to develop new international markets for Canadian and US natural gas. With its first acquisition of resources in New Brunswick, to this merger with Pétrolia, Pieridae seeks to build a long term portfolio of natural gas to supply the Goldboro LNG Project. Pieridae is on the leading edge of the re-integration of the LNG value chain in North America. The development of its own natural gas potential allows for a comprehensive risk management strategy. Pieridae is targeting the next wave of world-wide LNG production, post 2020, and has sold 50% of the initial capacity of the Goldboro LNG Project pursuant to a 20-year, take-or-pay contract with Uniper Global Commodities SE, a 100% subsidiary of Uniper SE, one of Europe's most important gas companies. Pieridae forecasts continuing significant growth in international and domestic markets for liquefied natural gas as consumers look to replace oil with cleaner burning natural gas in the electricity and transportation sectors. The key principals of Pieridae were the founders of Galveston LNG, which created the Kitimat LNG project in British Columbia that was the first new liquefaction facility permitted in North America in 40 years and which is now owned by Chevron and Woodside Petroleum. Following the sale of Galveston LNG, Pieridae was incorporated under the Canada Business Corporations Act on May 29, 2012 to invest in the Goldboro LNG Project, of which it owns 100%. In addition, Pieridae is establishing a fully integrated LNG business by acquiring assets that will supply the Goldboro LNG Project. On March 4, 2013, Pieridae entered into a partnership to establish Pieridae Production Limited Partnership (the "Partnership") and Pieridae Production GP Ltd. in order to develop natural gas resources in New Brunswick, Nova Scotia and the Northeast United States. As at January 1, 2014, Pieridae had a 16.98% interest in the Partnership and made no further contributions to the Partnership during the year. During 2015 Pieridae invested an additional $750,000 in the Partnership, increasing its ownership interest to 20%. Pieridae is entitled to contribute an additional $14,125,000 to the Partnership prior to any further funding by the other partner, and to increase its ownership in the Partnership to 50%. On December 3, 2015, Pieridae completed the purchase of approximately 107.5 hectares (265.5 acres) of land located in the Goldboro Industrial Park in Goldboro, Nova Scotia (the "Goldboro Property") from the Municipality of the District of Guysborough (the "Municipality") for consideration of $3,200,000 (the "Purchase Price"). The Goldboro Property is the site for the proposed Goldboro LNG Project. The Goldboro LNG Project is located at the Atlantic Ocean coast, approximately two kilometres from the communities of Goldboro in the west, and Drum Head in the east in Goldboro, Guysburough County, Nova Scotia. The Goldboro LNG Project is situated on the same site as the LNG regasification component of the formerly assessed Keltic Petrochemicals and LNG Facility Project. The Goldboro LNG Project being developed by Pieridae will include storage tanks, marine structures and gas processing equipment. Initial permits allow for up to 10 Million Metric Tons Per Annum (MMTPA) of LNG production capacity and the facility will be equipped to handle LNG carriers of up to 250 000 m3. The Goldboro LNG Project has obtained its Environment Assessment Approval from the Nova Scotia Minister of Environment, National Energy Board of Canada LNG export licence, United States Department of Energy LNG Free Trade Agreement and Non-Free Trade Agreement licences and United States Department of Energy Statement on Energy in Transit between Canada and the United States. The Goldboro LNG Project is the only project on the East coast of Canada that has both key permits for its current stage of development and a credit worthy offtake customer. Pieridae, along with its strategic partners; General Electric, CB&I and ORLEN Upstream Canada, a wholly-owned subsidiary of Poland's PKN ORLEN S.A., is positioned to become the first LNG liquefaction project to be constructed in Canada. Pieridae has appointed Ernst & Young LLP as its auditors. The consolidated financial statements and the notes thereto have been prepared for each of the previous five (5) financial years (including the year ended December 31, 2016) in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board. Based on Pieridae's audited financial statements, Pieridae has invested approximately $65 million to develop the Goldboro LNG Project to date. As at December 31, 2016, Pieridae had current liabilities in excess of current assets of $24,260,000 consistent with Pieridae's development stage. It is a condition of the transaction that Pieridae will complete the Private Placement of $50,000,000 described below, which funds are expected to allow Amalco to reach the final investment decision with respect to the Goldboro LNG Project and to fund Amalco's operations and general working capital requirements. In order to complete the Arrangement, Pétrolia must first continue its corporate existence under the CBCA, as provided in the Arrangement Agreement, which continuance will provide for an amendment of Pétrolia's articles to add a category of non-transferrable and non-voting preferred shares to its share capital description ("Pétrolia Preferred Shares"), all of which will require the approval of Pétrolia's shareholders. The Pétrolia Preferred Shares will not be listed for public trading. Subject to the satisfaction or waiver of each of the conditions to complete the Arrangement, immediately prior to the effective time for the Arrangement each issued and outstanding subscription receipt of Pieridae ("Pieridae Subscription Receipt") to be issued under the Private Placement (described below) shall be cancelled and in consideration therefor the holders of such Pieridae Subscription Receipts shall receive one fully paid and non-assessable common share in the capital of Pieridae ("Pieridae Share") in respect of such Pieridae Subscription Receipt so cancelled. Commencing at the effective time of the Arrangement, each of the events set out below shall occur and shall be deemed to occur in the following order without any further act or formality except as otherwise expressly provided in the Arrangement Agreement: (a) Pétrolia shall declare and pay a dividend to its shareholders by way of the issuance of one (1) Pétrolia Preferred Share per issued and outstanding common share of the capital of Pétrolia ("Pétrolia Common Shares"); (b) the issued and outstanding Pétrolia Common Shares shall be consolidated on the basis of one (1) post-consolidation Pétrolia Common Share for every twelve (12) pre-consolidation Pétrolia Common Shares; (c) the issued and outstanding Pétrolia Preferred Shares shall be consolidated on the basis of one (1) post-consolidation Pétrolia Preferred Share for every twelve (12) pre-consolidation Pétrolia Preferred Shares; (d) the issued and outstanding options to purchase Pétrolia Common Shares ("Pétrolia Options") shall be consolidated on the basis of one (1) post-consolidation Pétrolia Options for every twelve (12) pre-consolidation Pétrolia Options; (e) the issued and outstanding share purchase warrants of Pétrolia ("Pétrolia Warrants") shall be consolidated on the basis of one (1) post-consolidation Pétrolia Warrants for every twelve (12) pre-consolidation Pétrolia Warrants; and (f) Pétrolia and Pieridae shall be amalgamated and continued as one corporation under the CBCA to form Amalco. If the foregoing would result in the issuance of fractional Pétrolia Common Shares, Pétrolia Preferred Shares, or a fractional option or warrant to purchase Pétrolia Common Shares, then the number of shares, options or warrants otherwise issued shall be rounded down to the nearest whole number of shares, options or warrants. On, and because of, the amalgamation of Pétrolia and Pieridae under the Arrangement: (a) each issued and outstanding consolidated Pétrolia Common Share shall be cancelled and in consideration therefor the holders of consolidated Pétrolia Common Shares shall receive one (1) fully paid and non-assessable common share in the capital of Amalco ("Amalco Common Share") in respect of each one (1) consolidated Pétrolia Common Share so cancelled; (b) each issued and outstanding consolidated Pétrolia Preferred Share shall be cancelled and in consideration therefor the holders of consolidated Pétrolia Preferred Shares shall receive one (1) fully paid and non-assessable preferred share in the capital of Amalco ("Amalco Preferred Share") in respect of each one (1) consolidated Pétrolia Preferred Share so cancelled; (c) each issued and outstanding consolidated Pétrolia Option shall be cancelled and in consideration therefor the holders of consolidated Pétrolia Options shall receive one (1) option to purchase an Amalco Common Share in respect of each one (1) consolidated Pétrolia Option so cancelled; (d) each issued and outstanding consolidated Pétrolia Warrant shall be cancelled and in consideration therefor the holders of consolidated Pétrolia Warrants shall receive one (1) share purchase warrant of Amalco in respect of each one (1) consolidated Pétrolia Warrant so cancelled; (e) each issued and outstanding Pieridae Share shall be cancelled and in consideration therefor the holders of Pieridae Shares shall receive a quantity of fully paid and non-assessable Amalco Common Shares in respect of each Pieridae Share so cancelled in accordance with an exchange ratio of 2.74123, assuming: (i) the completion of the Pieridae Private Placement described below, subject to adjustment for any over-allotment, (ii) the conversion of convertible debt (the "Pieridae Debenture"), and (iii) the exercise of any issued and outstanding options to purchase Pieridae Shares ("Pieridae Options"), Pétrolia Options or Pétrolia Warrants; and (f) each issued and outstanding Pieridae Option shall be cancelled and in consideration therefor the holders of Pieridae Options shall receive options to purchase Amalco Common Shares in respect of each Pieridae Option so cancelled in accordance with the same exchange ratio and subject to rounding down for any fractional shares. Pétrolia currently has 108,399,683 issued and outstanding Pétrolia Common Shares while Pieridae has 15,599,157 issued and outstanding Pieridae Shares before giving effect to the Private Placement, the conversion of the Pieridae Debenture and any Pieridae Options, Pétrolia Options and Pétrolia Warrants that may be exercised prior to closing. The above-mentioned exchange ratio values the shares of Petrolia at $0.38, which is equal to 200% of the average closing price of $0.19 for the ten (10) consecutive trading days of Pétrolia Common Shares on the TSX-V immediately preceding January 17, 2017, which represents a 100% premium. In addition, Petrolia shareholders will receive the Amalco Preferred Shares, as described below. Upon completion of the Arrangement and under the same assumptions, it is expected that the holders of Pétrolia Shares will hold 14.75% and the holders of Pieridae Shares will hold 85.25% of the outstanding Amalco Shares. All directors and officers of Pieridae and Pétrolia and certain other shareholders representing an aggregate of 8,309,192 (53.3%) Pieridae Shares and 1,351,067 (1.25%) Pétrolia Shares have entered into voting support agreements pursuant to which they have agreed to vote all of their securities eligible to be voted in favour of the Arrangement. Pursuant to the Arrangement Agreement, Pieridae has agreed to use its reasonable commercial efforts to complete, on or before closing of the Arrangement, a private placement (the "Private Placement") of Pieridae Subscription Receipts at a price of $12.50 per Pieridae Subscription Receipt for minimum gross proceeds of $50,000,000 subject to any over-allotment. Each Pieridae Subscription Receipt will be automatically converted into one Pieridae Share immediately prior to the completion of the Arrangement. Such Pieridae Shares will be exchanged for Amalco Common Shares in accordance with the above described formula concurrently with the completion of the Arrangement at no additional cost and with no further action by the holder. Pieridae has engaged a syndicate of agents, to be co-led by Laurentian Bank Securities and National Bank Financial Inc. ("NBF"), and including Desjardins Capital Markets Canada (together with Laurentian Bank Securities and NBF, the "Agents"), on a "commercially reasonable efforts" basis for the Private Placement. The net proceeds of the Private Placement will be held in escrow by an escrow agent acceptable to Pieridae and the Agents and released concurrent with the completion of the Arrangement pursuant to the terms of a subscription receipt agreement (the "Subscription Receipt Agreement") to be entered into at the closing of the Private Placement. In the event the Arrangement is not completed or upon certain other events to be set forth in the Subscription Receipt Agreement, an amount equal to the full purchase price of each holder's Pieridae Subscription Receipts plus any interest accrued thereon during the term of the escrow will be paid to the holders of the Pieridae Subscription Receipts and the Pieridae Subscription Receipts will be cancelled. Pieridae intends to pay the Agents a cash commission equal to 5% of the gross proceeds of the Private Placement. The net proceeds of the Private Placement will be used to fund certain activities to allow Amalco to reach the final investment decision with respect to the Goldboro LNG Project, Amalco's operations and general working capital purposes. Other Terms of the Arrangement and Penalty for Withdrawal The Arrangement and related transactions, as described above, constitute an arm's length transaction as defined in the policies of the Exchange and in securities regulations, and none of the directors, officers or insiders of Pétrolia have any interest in Pieridae or are insiders of Pieridae. The Pétrolia Preferred Shares which, pursuant to the above-described Arrangement, will be exchanged for Amalco Preferred Shares, are being issued for the purpose of allowing Pétrolia's shareholders to receive their pro rata share based on shareholdings, of an amount equal to fifty percent (50%) of any cash amount that may be received by Amalco further to or flowing from an agreement or undertaking by the Government of Québec (or any entity owned or controlled by the Government of Québec), net of any taxes payable by Amalco pursuant thereto, in connection with the termination of oil and gas exploration on Anticosti Island, Québec. Any such amount shall be paid to holders of Amalco Preferred Shares upon redemption by Amalco of the Amalco Preferred Shares further to the reception thereof. The remaining funds further to any such payment will be used by Amalco in its ongoing business activities. If such agreement or undertaking is not reached, the Amalco Preferred Shares shall be redeemed at their stated capital value per Amalco Preferred Share. The completion of the Arrangement and related transactions are subject to the approval of the Exchange, of Pétrolia and Pieridae shareholders, of the court responsible for the Arrangement and any terms and conditions that the latter may impose, and all other applicable regulatory approvals. The Arrangement and related transactions are also subject to the satisfaction or waiver of additional conditions precedent, including, but not limited to, the closing of the Private Placement, the continuation of Pétrolia under the CBCA and other usual conditions for transactions of a similar nature. There is no guarantee that these conditions will be met or will be met in due time. Subject to the foregoing, the closing of the transaction is scheduled for July 2017. In accordance with the terms of the Arrangement Agreement, if the Board of Directors of the Company withdraws its support for the Arrangement, or if the Company violates its commitments made under the Arrangement before the completion of the Arrangement, it will be liable to Pieridae for a penalty in the amount of $600,000. If the Board of Directors of Pieridae withdraws its support for the Arrangement, or if Pieridae violates its commitments made under the Arrangement Agreement prior to the occurrence of the Arrangement, it will be liable to Pétrolia for a penalty in the amount of $600,000. The Board of Directors of Amalco will be composed of five (5) Directors. Subject to the approval of the Exchange, it is planned that the directors and officers of Amalco at the time of closing of the Arrangement will be the following: Mr. Tétreault has been President since 1999 of Calafate Holdings Ltd., a private investment management and venture capital company. Mr. Tétreault serves as the Lead Director of PHX Energy Services Corp. a TSX-listed horizontal and directional drilling company. He is also a co-founder and director of Fitzroy Developments Ltd. (a private real estate company), Northern Vision Development Corp. (a private real estate company) and of Webber Academy Foundation (a non-profit company that operates a private school in Calgary, Alberta). From August 1993 to December 1997, Mr. Tétreault was a corporate and securities lawyer with the law firm Bennett Jones Verchere (now Bennett Jones, LLP). Mr. Tetreault has over twenty years of experience as a director and officer of numerous companies in the oil & gas and oilfield services sector. Mr. Tétreault obtained his Juris Doctor degree (with distinction) from the University of Saskatchewan in 1992 and his Bachelor of Business Administration degree (cum laude) from the University of Ottawa in 1988. He is a member of the Law Society of Alberta and was a member of the Entrepreneurs' Organization for 10 years. Mr. Sorensen is the CEO of Pieridae Energy Limited since its founding in 2012. He is a chartered accountant and a leader in the energy industry with over 30 years of Canadian and international experience. Mr. Sorensen served as the CEO of Canadian Spirit Resources from 2013 to 2015. From 2003 to 2010 Mr. Sorensen was the CEO and a founder of Galveston LNG. Galveston LNG's Kitimat LNG project was the first new liquefaction facility permitted in North America in 40 years and is now owned by Chevron and Woodside Petroleum. Prior to Galveston LNG, he was President of Duke Energy Europe and before that President at Duke Energy Canada. Mr. Boulanger is the Chief Executive Officer of Leddartech Inc., a private company with a unique, patented solid-state LiDAR technology. He is also the President of Moody Management Inc., a private investment firm. Mr. Boulanger has over 30 years of experience in senior management positions in several industrial sectors with companies such as Shell Canada, Irving Oil, GSI Environment and Prolab Technologies. In 2008, he was the Founder, President and Chief Executive Officer of Groupe Unipex SAS, and President of the Active Ingredients and Specialty Chemicals Division of Atrium Innovations (TSX: ATB) from 2004 to 2008. Before joining Atrium, he was the Founder and President of Quebec International (formerly Pôle Quebec Chaudière-Appalaches) further to a partnership with Phenix Capital. Mr. Boulanger has over fifteen years of experience as a director and officer of numerous companies in the industrial and oil sectors; he currently sits on the boards of Chimie Parachem, Pétrolia and LeddarTech. Mr. Boulanger earned a degree in mechanical engineering from Université Laval in 1981 and graduated from the senior management program at the International Center for Research and Studies in Management (CIREM) in 1990. Since 2013, Mr. Judson has been a Managing Director of Camcor Partners Inc., a general partner and investment manager for a series of limited partnerships mandated to invest in the Canadian upstream energy industry. Previously he was a Managing Director with energy focused boutique investment dealer FirstEnergy Capital Corp. with offices in Calgary and London, helping lead the capital markets group. Mr. Judson was responsible for covering some of the largest institutional investors in Canada, the United States and Europe, and advising on their energy related investments. Mr. Judson has extensive board governance experience and serves on several boards of directors of Camcor portfolio companies. Mr. Rees is the President and Chief Executive Officer of ORLEN Upstream Canada Ltd., an oil and gas exploration and production company based in Calgary. Mr. Rees is a Professional Engineer with extensive experience in Western Canadian and international onshore and offshore oil and gas operations. He holds a Mechanical Engineering degree from University of Victoria and a Master's in Business Administration, from University of Calgary. Mr. Rees has a broad range of experience including Reservoir and Production Engineering, Business Development, Commercial Transactions and Corporate Planning in Canada, Latin America and the United Kingdom. Mr. Rees previously held positions with Talisman Energy and Petro-Canada Oil & Gas in the U.K., Colombia and Canada. Mr. Bélanger is currently the Interim CEO of Petrolia. He has more than 24 years of experience in the oil and gas industry. He began his career as a junior field engineer before progressively moving up the hierarchy to become a senior manager, a position he currently holds. Over the years, he has served several large and small companies, including Talisman Energy, PrimeWest Energy, TAQA NORTH, Laricina Energy and TransCanada Pipelines. He has gained valuable expertise in all facets of engineering, project management, field operations, maintenance, and regulatory compliance. Mr. Bélanger has an extensive experience in the management of upstream and downstream oil and gas facilities, as well as gas pipelines. Mr. Bélanger has worked internationally, including in the United Kingdom and the United States. Mr. Bélanger completed his bachelor's degree in chemical engineering at the University of Ottawa in 1991 and is an accredited member of the Association of Professional Engineers & Geoscientists of Alberta. Mr. Dawson has been active in the energy industry for 30 years and is the Chief Operating Officer of Pieridae Energy. He has been involved in the LNG industry for 15 years, including projects in Canada, Australia and the Middle East. Mr. Dawson was one of the principle founders of Galveston LNG. Galveston LNG's Kitimat LNG project was the first new liquefaction facility permitted in North America in 40 years and is now owned by Chevron and Woodside Petroleum. He has been involved in trading for natural gas, crude oil, electricity and currency markets with several large energy-trading companies from 1992 to 2002. He has served on utility risk management committees of a number of Canadian energy utilities. Mr. Dawson has also sat on the boards of several Canadian junior oil and gas companies. Currently Pétrolia's Chief Financial Officer and Corporate Secretary, Mr. Racicot has 15 years of experience as a financial professional. Since 2001, he held several management positions at the National Bank of Canada and at its subsidiary, Innocap Investment Management inc. A University du Québec à Montréal graduate, he completed a MBA with a specialization in financial management. Subject to the closing of the transaction, Mr. Alfred Sorensen will serve as Chief Executive Officer of Amalco. Mr. Thom Dawson will serve as President - LNG of Amalco. Mr. Martin Belanger, currently the Interim CEO of Pétrolia, will assume the role of President, Production, and Mr. Mario Racicot, the current CFO of Pétrolia will assume the role of Chief Financial Officer of Amalco. Alfred Sorensen, residing in Calgary, Alberta, together with his wholly-owned company, Alfred Sorensen Holdings Ltd., is expected to hold more than 10% of the Amalco Shares subsequent to the Arrangement. Alfred Sorensen Holdings Ltd. is an Alberta corporation. Pétrolia will apply to the Exchange for an exemption from or waiver of the sponsorship requirements in connection with the Arrangement. There is no assurance that such exemption or waiver will be granted. If such exemption or waiver is not granted, it will be necessary to engage a sponsor for the Arrangement. Trading of the Pétrolia Common Shares shall be halted at least until the reception, to the satisfaction of the Exchange and according to its applicable policies, of the documents necessary to resume trading. Pétrolia will issue a further news release when the trading of the Pétrolia Common Shares is to resume. A copy of the Arrangement Agreement (including the plan of arrangement) will be filed on the Company's SEDAR profile and will be available on www.sedar.com. Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and if applicable pursuant to Exchange Requirements, majority of the minority shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all. Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of Pétrolia should be considered highly speculative. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. Pétrolia is a junior oil and gas exploration company which owns interests in oil and gas licences covering 16,000 km² (4 million acres), which represents almost 23% of the Québec territory under lease. Pétrolia is a Québec leader in oil and gas exploration and its vision is to develop oil from here, by the people here, for here. The social and environmental dimensions are a major concern of Pétrolia and its exploration process. Through its Investissement PEA Inc. subsidiary, Pétrolia holds 21.7% of the Hydrocarbons Anticosti L.P. limited partnership and its Pétrolia Anticosti Inc. subsidiary is the operator of its Île d'Anticosti project. Pétrolia has 108,399,683 shares issued and outstanding. Certain statements made herein may constitute forward-looking statements. These statements relate to future events or the future economic performance of Pétrolia and carry known and unknown risks, uncertainties and other factors that may appreciably affect their results, economic performance or accomplishments when considered in light of the content or implications or statements made by Pétrolia. Actual events or results could be significantly different. Accordingly, investors should not place undue reliance on forward-looking statements. Pétrolia disclaims any intention or obligation to update these forward-looking statements. Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


News Article | June 19, 2017
Site: www.businesswire.com

SAN FRANCISCO--(BUSINESS WIRE)--Dropbox today announced plans to continue expanding its global private network across North America, Europe, and Australia with five new regional accelerators that will increase performance and reliability for its users globally. As part of this expansion, Dropbox developed and deployed its own custom-built “proxy stack” based on open-source infrastructure in its North American facilities that has helped improve sync speeds and cut networking costs in half. “Since we began expanding our infrastructure footprint in early 2015, we have cut networking costs outside of North America in half while increasing our industry-leading sync speeds globally by as much as 300 percent,” said Dan Williams, Head of Production Engineering, Dropbox. “This is possible because we have built a global private network that enables us to bypass the complex web of intermediaries that make up the Internet while sending traffic directly to our own cloud infrastructure. We are excited to deploy these enhancements for our users to other parts of the world.” The new regional accelerators will go online in Sydney, Miami then Paris in Q3-2017, and Madrid and Milan in Q4-2017, extending performance benefits beyond these cities to the regions where the accelerators are based. By the end of 2017, Dropbox will have a total infrastructure footprint spanning 25 facilities in ten countries and four continents, including storage for users inside and outside of the U.S. By establishing network infrastructure in regions where Dropbox is seeing rapid adoption, and connecting them to its data centers over private lines, Dropbox can maintain open connections to carry its traffic using dedicated bandwidth. Each point of presence (PoP) is co-located within third-party data centers that also house infrastructure from other Internet service providers (ISPs); many of which connect directly into Dropbox’s network through thousands of different peering relationships. As a result, Dropbox users do not need to establish new connections through multiple ISPs every time they access their data. Instead, user data is routed through the nearest Dropbox PoP, lowering latency, reducing the frequency of dropped signals, and ultimately accelerating upload and download speeds. The new PoPs that Dropbox is introducing this year will add to these performance benefits for every user, regardless of location. The Dropbox PoPs outside of the U.S. were developed and built with a custom proxy stack architecture comprised of NGINX servers and open-sourced, IP virtual servers (IPVS) that receive and balance traffic. Dropbox engineers wrote code on top of these custom-built machines to manage traffic flows. This service has helped improve performance and lower costs by reducing dependency on third party hardware manufacturers, and optimizing utilization with load balancers for each specific use case. Starting today, Dropbox is deploying these proxy stacks across all of its U.S. data centers, as well. As a result, it expects to cut its overall costs for networking hardware and gain flexibility to scale with future demand. See more about Dropbox’s peering policy here: https://www.dropbox.com/peering Dropbox keeps more than 500 million registered users on the same page with easy-to-use collaboration tools and the fastest, most-reliable file sync platform. From the smallest business to the largest enterprise, we make teamwork better. For more information, please visit dropbox.com/news.


News Article | December 14, 2016
Site: www.eurekalert.org

The latest recipients of Germany's most prestigious research funding prize have been announced. In Bonn today, the Joint Committee of the Deutsche Forschungsgemeinschaft (DFG, German Research Foundation) chose ten researchers, three women and seven men, to receive the 2017 Leibniz Prize. The recipients of the prize were selected by the Nominations Committee from 134 nominees. Of the ten new prizewinners, three are from the natural sciences, three from the humanities and social sciences, two from the life sciences and two from the engineering sciences. Each of the ten winners will receive €2.5 million in prize money. They can use these funds for their research work in any way they wish, without bureaucratic obstacles, for up to seven years. The awards ceremony for the 2017 Leibniz Prizes will be held on 15 March in Berlin. The following researchers will receive the 2017 "Funding Prize in the Gottfried Wilhelm Leibniz Programme" awarded by the DFG: The Gottfried Wilhelm Leibniz Prize has been awarded by the DFG annually since 1986. Each year a maximum of ten prizes can be awarded, each with prize money of €2.5 million. With the ten prizes for 2017, a total of 348 Leibniz Prizes have been awarded to date. Of these, 115 were bestowed on researchers in the natural sciences, 101 in the life sciences, 79 in the humanities and social sciences, and 53 in the engineering sciences. The number of award recipients is higher than the number of awarded prizes because, in exceptional cases, the prizes and money can be shared. Accordingly, a total of 374 nominees have received the prize, including 326 men and 48 women. The Leibniz Prize is the most significant research prize in Germany. Seven past prizewinners have subsequently received the Nobel Prize: 1988 Professor Dr. Hartmut Michel (Chemistry), 1991 Professor Dr. Erwin Neher and Professor Dr. Bert Sakmann (Medicine), 1995 Professor Dr. Christiane Nüsslein-Volhard (Medicine), 2005 Professor Dr. Theodor W. Hänsch (Physics), 2007 Professor Dr. Gerhard Ertl (Chemistry) and most recently in 2014 Professor Dr. Stefan W. Hell (Chemistry). Professor Dr. Lutz Ackermann (43), Organic Molecular Chemistry, Institute of Organic and Biomolecular Chemistry, University of Göttingen Lutz Ackermann has been selected for the 2017 Leibniz Prize for his outstanding work in the field of organic chemistry. His international reputation is based especially on his research into the catalytic activation of carbon-hydrogen bonds. These bonds, which occur in all organic substances, are usually extremely inert and permit only very poor and frequently non-selective transformation. The methods developed by Ackermann and his colleagues have paved the way for fundamentally new and low-impact manufacturing methods for important chemical products including active substances, agrochemicals and fine chemicals. Through his other work, Ackermann has also created new concepts for environmentally friendly chemical synthesis. Lutz Ackermann studied chemistry in Kiel, and, after further studies in Rennes and Mülheim an der Ruhr, he obtained his doctorate from the University of Dortmund. He did postdoctoral research at Berkeley before going to Munich in 2003 to work as the leader of a DFG-funded Emmy Noether independent junior research group. Ackermann has held his current chair in Göttingen since 2007 and has headed the Institute of Organic and Biomolecular Chemistry there since 2015. He is one of the most frequently cited researchers in his field in the world. Professor Dr. Beatrice Gründler (52), Arabic Studies, Seminar for Semitic and Arabic Studies, Free University of Berlin Beatrice Gründler will receive the Leibniz Prize for her studies on the diversity of voices in Arabic poetry and culture. She has been interested in the medium of script and its fundamental importance to Arabic traditions since an early stage in her career, as evidenced for example by her book "The Development of the Arabic Script" (1993). Through her research she has developed a complex media history of the Arab world, from the introduction of paper to book printing and beyond - indeed, she refers to an 'Arabic book revolution'. In a pilot project for a critical, annotated digital edition of the "Kalila wa-Dimna", begun in 2015, Gründler has unravelled the history of the text, development and impact of this collection of fables, considered one of the earliest Arabic prose works and a central text of Arabic wisdom literature. Gründler's own approach puts into practice in an exemplary way the encounters between Arabic and European knowledge traditions that she investigates in her work - another reason for the importance of her research. Beatrice Gründler studied at Strasbourg, Tübingen and Harvard, where she received her doctorate in 1995. After a period at Dartmouth College, she began teaching at Yale University in 1996, first as an assistant professor and from 2002 as Professor of Arabic Literature. In 2014 she returned to Germany, and has since been undertaking research at the Free University of Berlin. Ralph Hertwig will be recognised with the 2017 Leibniz Prize for his pioneering work in the psychology of human judgement and decision-making. His research has expanded our understanding of the possibilities and limitations of human rationality. Hertwig investigates the strategies which humans use, faced with limited knowledge, limited cognitive resources and often limited time, to nonetheless make good decisions and organise their actions. Central to his work is the question why a limitation also constitutes a strength, in other words how adaptive heuristics, as simple rules of thumb for problem-solving, can be as effective as complex optimisation models. Another of Hertwig's important contributions to decision research is the distinction between experience-based and description-based assessment of risk. This explains why the dramatic consequences of climate change, for example, are systematically underestimated by society, because although there is plenty of information available to describe the problem, there is little everyday experience - the main thing that people base their decisions on. Ralph Hertwig has been the director of the Max Planck Institute for Human Development since 2012 and heads the Center for Adaptive Rationality. Hertwig began his scientific career in 1995 at the Max Planck Institute for Psychological Research in Munich. In 1997 he moved to the Max Planck Institute in Berlin. Between 2000 and 2002 he was a Research Fellow at Columbia University. In 2003 he obtained his habilitation from the Free University of Berlin. In 2005 he was appointed Professor of Cognitive Science and Decision Psychology at the University of Basel, and moved from there to his current position. Karl-Peter Hopfner will receive the Leibniz Prize for his outstanding work in structural molecular biology and genome biology, with which he has made pioneering contributions to the field of DNA repair and the cellular detection of foreign nucleic acids. Hopfner's research focused on the molecular mechanisms of multiprotein complexes, which play an important role in the detection of damaged or viral nucleic acids. These detection processes are crucial to the protection of the genome; errors in detection and repair are among the main reasons for the development of cancer. Building on that work, Hopfner has carried out essential work on DNA double-strand break repair and in recent years has decoded the mechanism of the central MRN complex Mre11-Rad50-Nbs1, a DNA damage sensor. He also contributed substantially to answering the question of how cellular sensors of the innate immune system recognise viral or bacterial nucleic acids in the case of infection. Here, the sensors must distinguish between the body's own RNA and foreign RNA. Karl-Peter Hopfner studied biology in Regensburg and in St. Louis, USA. He completed his doctorate at the Max Planck Institute for Biochemistry in Martinsried as part of the Division led by Nobel Prize winner Robert Huber. Between 1999 and 2001 he carried out postdoctoral research at the Scripps Research Institute in La Jolla, before accepting a tenure track professorship at the Gene Center at LMU Munich. He has been a full professor at LMU since 2007. Professor Dr. Frank Jülicher (51), Theory of Biological Physics, Max Planck Institute for the Physics of Complex Systems, Dresden The award of the Leibniz Prize to Frank Jülicher recognises a world-leading researcher in biophysics with the ability to identify universal physical principles in the complex world of living matter. He had already attracted attention with his early work on the physics of hearing and cell mechanics. Through his investigation of active matter - the components of which exhibit autonomous activity, such as molecular motors, which play a key role in cell movement and division - Jülicher has established a new field of research. This raises many fundamental questions in non-equilibrium physics and has also inspired numerous new applications as well as biomimetic design. In collaboration with French researchers, the biophysicist laid the foundations for the dynamics of active matter by formulating a general hydrodynamic theory of active matter. Most recently, Jülicher has turned his attention to the control and organisation of cells in tissue. His seminal work is contributing to our understanding of cell self-organisation in tissue. This phenomenon, as yet poorly understood, is of enormous importance to developmental biology and medical applications. Frank Jülicher studied physics in Stuttgart and Aachen, received his doctorate in Cologne in 1994 and then spent two years researching in the USA and Canada. He subsequently worked with leading researchers in Paris in the field of soft matter and biophysics, before obtaining his habilitation in 2000 at Paris Diderot University (Paris 7). Since 2002, Jülicher has been the director of the Max Planck Institute for the Physics of Complex Systems in Dresden and Professor of Biophysics at the Technical University of Dresden. Professor Dr. Lutz Mädler (45), Mechanical Process Engineering, Stiftung Institut für Werkstofftechnik (IWT) and Department of Production Engineering, University of Bremen Lutz Mädler will receive the Leibniz Prize in recognition of his pioneering work in the targeted reactive formation of nanoparticles in the gas phase and their effect on living matter. He has developed an improved variant of flame spray pyrolysis for the cost-effective synthesis of nanoparticles, involving the thermochemical splitting of organic compounds. His work has made flame spray pyrolysis available for industrial applications. Mädler subsequently refined this pyrolysis technique when he discovered the droplet explosion phenomenon in flame sprays and its effects on material synthesis. However, as well as looking at the tailored synthesis of nanoparticles, Mädler has also investigated how toxic these particles are to the human body. This is important because many applications, for example paints, textiles and dental fillings, have direct impacts on humans. Mädler was able to demonstrate that interactions between synthetic nanoparticles and biological tissue produce reactive oxygen species which can trigger undesirable reactions. Lutz Mädler studied physics at the Technical University of Zwickau and then process engineering at Technische Universität Bergakademie Freiberg, where he obtained his doctorate in 1999. He completed his habilitation at ETH Zurich and then, with the support of a DFG fellowship, became a Senior Researcher at the University of California, Los Angeles. In 2008 he was appointed professor at the University of Bremen. Britta Nestler has been selected to receive the 2017 Leibniz Prize for her significant, internationally recognised research in computer-assisted materials research and the development of new material models with multiscale and multiphysical approaches. Nestler has developed extremely flexible and high-performing simulation environments to simulate the microstructure of materials for use on supercomputers. These are based on her own quantitative models for the description of multicomponent systems. She has thus achieved a new quality of microstructure representation in the thermomechanical simulation of materials and the simulation of solidification processes and thus depicted these processes through realistic 3D simulation for the first time. Through her creative application and further development of the phase field method, Nestler has achieved outstanding fundamental insights which are also of enormous practical relevance. For example, her simulation calculations are used to predict the spread of cracks in design materials such as brake discs and therefore help to extend their lifetime. Britta Nestler studied physics and mathematics in Aachen, where she also received her doctorate. Research visits took her to Southampton, UK and Paris. In 2001 Nestler accepted a professorship in the Faculty of Computer Science at Karlsruhe University of Applied Sciences and in 2009 her current chair at KIT. Professor Dr. Joachim P. Spatz (47), Biophysics, Max Planck Institute for Intelligent Systems, Stuttgart, and Institute of Physical Chemistry, University of Heidelberg Joachim Spatz will be recognised with the Leibniz Prize for his outstanding research at the boundaries of materials sciences and cell biophysics. His research is concerned with cell adhesion, that is, the adhesion and bonding of cells to one another and to surfaces. His exemplary experimental approach has garnered precise insights into the control of cell adhesion and indeed physiological processes. To achieve this, Spatz used artificial, molecularly structured boundary surfaces to reduce possible interactions to a minimum of molecular components. Joachim Spatz' scientific achievement lies in the fact that he can study the communication mechanisms between cells in a new way with the help of concepts from materials science and physics. Using these resources, he was able to explain how the molecular mechanism of collective cell migration works in wound healing. Joachim Spatz studied physics in Ulm and at Colorado State University. He obtained his doctorate in macromolecular chemistry in Ulm, and it was also there that he completed his habilitation with a topic on cell mechanics. Since 2000 he has been a professor of biophysical chemistry in Heidelberg. In 2004 he was appointed director of the Max Planck Institute for Metals Research, now the Max Planck Institute for Intelligent Systems, in Stuttgart. Since 2008 he has also held a visiting professorship in molecular cell biology at the Weizmann Institute in Rehovot, Israel. Professor Dr. Anne Storch (48), African Studies, Institute for African Studies and Egyptology, University of Cologne In awarding the 2017 Leibniz Prize to Anne Storch, the DFG is honouring an extremely innovative and world-renowned researcher in African Studies who has contributed to a far-reaching reorientation of her field through her pioneering work. Drawing on questions and methods from cultural anthropology and the social sciences, Storch has introduced new thematic and methodological dimensions, both theoretical and practical, to African Studies. Her exemplary studies have also shown how linguistically based analyses can be used in an interdisciplinary approach to develop a cultural-anthropological understanding of contemporary Africa. Of particular significance was her study of taboos and secret languages in central Africa, published in 2011, which describes linguistic observations in such a way that they lead to complex sociological descriptions of power practices and political mechanisms of effect. Storch's case studies, rooted in, yet transcending, linguistic speech description, have become internationally significant model studies for a modern, self-critical approach to African Studies. Anne Storch has been Professor of African Studies in Cologne since 2004. She trained in anthropology, African Studies, Oriental Studies and archaeology in Frankfurt am Main and Mainz. Between 2006 and 2009 she served as president of the Fachverband Afrikanistik, the specialist society for Africa-related scholarship in Germany. Since 2014 she has been the president of the International Association for Colonial and Postcolonial Linguistics. Awarding the Leibniz Prize to Jörg Vogel recognises one of the world's leading researchers in the field of ribonucleic acid biology. He was selected for his pioneering contributions to our understanding of regulatory RNA molecules in infection biology. Vogel recognised the importance of RNA biochemistry in prokaryotes very early on and has done pioneering work in the application and development of high-throughput sequencing for RNA analysis. Using this method, he has studied the influence of pathogens on the host cell. Vogel has also discovered how small regulatory RNA molecules control protein synthesis and the breakdown of RNA. This in turn has contributed to the development of new methods which can be used in gene therapy. Together with Emmanuelle Charpentier, who won the Leibniz Prize in 2016, Vogel was able to understand tracrRNA (trans-activating RNA) and its function, which made the application of the CRISPR/Cas9 system possible. Vogel thus uncovered general biological principles which play a major role in our understanding of pathogenic microorganisms and are resulting in new treatment approaches. Jörg Vogel studied biochemistry at the Humboldt University of Berlin, where he also obtained his doctorate on RNA splicing in plants. After doing postdoctoral research in Uppsala and Jerusalem, in 2004 he was appointed Head of Division at the Max Planck Institute for Infection Biology in Berlin. Since 2009 he has been a professor at the University of Würzburg, where he heads the Institute for Molecular Infection Biology. The Leibniz Prizes will be awarded on 15 March 2017 at 3.00 pm at the Berlin-Brandenburg Academy of Sciences and Humanities in Berlin. A separate invitation will be sent to members of the media. Additional information about the 2017 prizewinners can be requested at the start of the new year by contacting the DFG Press and Public Relations Office or at http://www. . Detailed information about the Gottfried Wilhelm Leibniz Programme is available at: http://www.


News Article | March 1, 2017
Site: www.marketwired.com

The Government of Canada is delivering on its commitment to renew the Royal Canadian Navy's (RCN) fleet and provide men and women in uniform with the equipment they need to do their important work. The Honourable Judy M. Foote, Minister of Public Services and Procurement and the Honourable Harjit Sajjan, Minister of National Defence, today announced a $230 million contract with Seaspan's Vancouver Shipyards Co. Ltd. that will help develop and finalize the design of the Navy's Joint Support Ship (JSS). Construction is scheduled to begin in 2018. The JSS will allow naval task groups to remain at sea anywhere in the world for long periods of time without going to shore for replenishment. It will provide fuel, ammunition, spare parts, food, and water to Canadian and allied vessels. These modern ships will also support deployed forces with medical and dental care facilities, as well as helicopter repair capabilities. Minister Foote also took part in a steel-cutting ceremony for the third Offshore Fisheries Science Vessel (OFSV) being built for the Canadian Coast Guard. Seaspan's Vancouver Shipyards now has all three of OFSVs under construction, with the first ship scheduled for delivery in early 2018. The National Shipbuilding Strategy is a long-term commitment to Canada's shipbuilding industry that will rejuvenate our marine industry, support Canadian technological innovation, and bring jobs and prosperity to many communities across the nation. "The National Shipbuilding Strategy is supporting our women and men in uniform and renewing Canada's reputation as a major shipbuilding country. By building these ships here in Canada, we are creating good, well-paying jobs to the middle-class and economic prosperity to many communities throughout the country." The Honourable Judy M. Foote, Minister of Public Services and Procurement "I am proud to be marking this major milestone in the JSS project and to see the Government honouring its commitment to the National Shipbuilding Strategy. By moving forward with this contract award we are getting one step closer to providing our brave women and men of the Royal Canadian Navy with the modern equipment they need to do the job that is asked of them." "The Offshore Fisheries Science Vessels are a critical part of the Coast Guard's Fleet Renewal Plan and are the first ships to be built at Seaspan's Vancouver Shipyards under the National Shipbuilding Strategy. These vessels will provide the women and men of the Coast Guard, as well as our scientists, with the equipment they need to conduct their important work for Canadians." The Honourable Dominic LeBlanc, P.C., Q.C., M.P., Minister of Fisheries, Oceans and the Canadian Coast Guard "The National Shipbuilding Strategy will create and maintain highly skilled engineering jobs, focused on innovation, which will grow Canadian businesses and build a strong middle-class. Through this contract, we are working to develop a strong and sustainable Canadian marine Industry, while generating economic benefits for Canadians." The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development "Today's announcement is an important step towards bringing the Joint Support Ship to life," said Brian Carter, President - Seaspan Shipyards. "The impacts of the design, engineering and planning efforts will be felt for years to come at Seaspan. The National Shipbuilding Strategy has enabled us to continue our growth as a West Coast centre of excellence in shipbuilding and ship repair, with all the benefits that come along with it." Design and Production Engineering contract signed for the Joint Support Ship project


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

National Technologies Associates, Inc. (NTA) was founded in 1981 to provide a full range of technical support services to government clients. NTA proudly promotes Greg Emmons to Vice President, Business Development and Strategy. Greg will manage the Business Development and Growth Strategy for NTA as well as supporting corporate M&A activities. Greg Emmons is a retired Army Officer with over 40 year’s executive experience in the Federal Market. Prior to joining NTA, Greg served as the Vice President, URS Federal Services managing solutions and services for the Army, Air Force and Combatant Command Business Area. Greg also has served as the Operations Manager for Northrop Grumman Mission Systems, where he was responsible for business development and account management of professional services supporting USSOCOM, USCENTCOM, USSOCCENT and other Combatant Command, Army, and Air Force programs. Mr. Emmons had a distinguished 25 year Military career with the U.S. Army Signal Corps commanding at the Company and Battalion level. Greg also served in many Joint assignments including Director of Communications J6, Special Operations Command Central (SOCCENT), Chief of Communications, National Airborne Operations Center (NAOC); and Director C4 Current Operations CCJ6C, United States Central Command (USCENTCOM). Greg received his Master of Science Degree in Information Systems Management from Central Michigan University, and his Bachelor of Science Degree in Mathematics from Southern Connecticut University. National Technologies Associates (NTA) a leader in the Federal Service Market providing core capabilities focused on Program Management, Systems Engineering, Configuration Management Support, Acquisition and Sustainment Logistics Support, Technical Training, Production Engineering Support, Performance Based Logistics and Cybersecurity.


News Article | November 7, 2016
Site: www.newsmaker.com.au

MarketStudyReport.com adds “Foundry Market in India 2017-2021” new report to its research database. The report spread across 67 pages with table and figures in it. The Report analysts forecast the foundry market in India to grow at a CAGR of 10.08% during the period 2016-2020. About Foundry Market A foundry is a workshop for manufacturing metal castings, wherein molten or liquid metal is poured into a mold made of metal, sand, or a ceramic substance. The metal casting comprises a hollow cavity of the desired shape to form geometrically complex parts when liquid metal is poured into it. All major metals like iron, magnesium, aluminum, zinc, steel, and copper-based alloys can be used to make castings. Metal castings find applications in cars, trucks, planes, trains, mining and construction equipment, oil wells, pipes, toys, space shuttles, wind turbines, and nuclear plants. Browse full table of contents and data tables at https://www.marketstudyreport.com/reports/foundry-market-in-india-2017-2021/ The report covers the present scenario and the growth prospects of the foundry market in India for 2017-2021. To calculate the market size, the report considers the revenue generated from the production value of castings manufactured by the foundry market in India. The market is divided into the following segments based on geography: Americas APAC EMEA The Report Foundry Market in India 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Key vendors Electrosteel Castings Hinduja Foundries Nelcast Rail Wheel Factory Other prominent vendors Ashok Iron Works Brakes India Cooper DCM Engineering Jayaswal Neco Industries Kirloskar Ferrous Industries Mahindra Hinoday Industries Sakthi Auto Components Tata Motors (Production Engineering) Welcast Steels Market driver Passage of GST bill by parliament. For a full, detailed list, view our report Market challenge Environmental issues leading to increasing environmental cost. For a full, detailed list, view our report Market trend Increasing investments in foundry market in India. For a full, detailed list, view our report Key questions answered in this report What will the market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors? To receive personalized assistance, write to us @ [email protected] with the report title in the subject line along with your questions or call us at +1 866-764-2150


News Article | November 7, 2016
Site: www.newsmaker.com.au

MarketStudyReport.com adds “Foundry Market in India 2017-2021” new report to its research database. The report spread across 67 pages with table and figures in it. The Report analysts forecast the foundry market in India to grow at a CAGR of 10.08% during the period 2016-2020. About Foundry Market A foundry is a workshop for manufacturing metal castings, wherein molten or liquid metal is poured into a mold made of metal, sand, or a ceramic substance. The metal casting comprises a hollow cavity of the desired shape to form geometrically complex parts when liquid metal is poured into it. All major metals like iron, magnesium, aluminum, zinc, steel, and copper-based alloys can be used to make castings. Metal castings find applications in cars, trucks, planes, trains, mining and construction equipment, oil wells, pipes, toys, space shuttles, wind turbines, and nuclear plants. Browse full table of contents and data tables at https://www.marketstudyreport.com/reports/foundry-market-in-india-2017-2021/ The report covers the present scenario and the growth prospects of the foundry market in India for 2017-2021. To calculate the market size, the report considers the revenue generated from the production value of castings manufactured by the foundry market in India. The market is divided into the following segments based on geography: Americas APAC EMEA The Report Foundry Market in India 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Key vendors Electrosteel Castings Hinduja Foundries Nelcast Rail Wheel Factory Other prominent vendors Ashok Iron Works Brakes India Cooper DCM Engineering Jayaswal Neco Industries Kirloskar Ferrous Industries Mahindra Hinoday Industries Sakthi Auto Components Tata Motors (Production Engineering) Welcast Steels Market driver Passage of GST bill by parliament. For a full, detailed list, view our report Market challenge Environmental issues leading to increasing environmental cost. For a full, detailed list, view our report Market trend Increasing investments in foundry market in India. For a full, detailed list, view our report Key questions answered in this report What will the market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors? To receive personalized assistance, write to us @ [email protected] with the report title in the subject line along with your questions or call us at +1 866-764-2150

Loading Production Engineering collaborators
Loading Production Engineering collaborators