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LONDON, UK / ACCESSWIRE / April 19, 2017 / Active Wall St. blog coverage looks at the headline from Clean Energy Company Synthesis Energy Systems, Inc. (NASDAQ: SYMX) as the Houston, Texas based Company announced the acquisition of a 270 million ton JORC compliant coal resource lease near Pentland, Queensland, Australia on April 18, 2017. Register with us now for your free membership and blog access at: http://www.activewallst.com/register/. One of Synthesis Energy Systems' competitors within the Specialty Chemicals space, Westlake Chemical Corp. (NYSE: WLK), is estimated to report earnings on May 02, 2017. AWS will be initiating a research report on Westlake Chemical following the release of its next earnings results. Today, AWS is promoting its blog coverage on SYMX; touching on WLK. Get all of our free blog coverage and more by clicking on the link below: http://www.activewallst.com/register/. The mine development lease MDL361 was acquired by Great Northern Energy Pty Ltd, a wholly owned subsidiary of Australian Future Energy Pty Ltd (AFE). Great Northern Energy Pty Ltd was formed by AFE specifically to manage the Pentland project. SES owns 40% stake in AFE, a privately owned Australian Company. As per the agreed terms of acquiring the mine development lease, AFE has already paid the first two instalments and will be making the third and final payment within the next six months. Commenting on the acquisition of mine development lease, Robert W. Rigdon, Vice Chairman of SES and Deputy Chairman of AFE said: "AFE once again delivers another important component of its business plan. When developed, this significantly sized Pentland resource acquisition of marketable coal additionally represents a significant amount of unmarketable coal from which AFE can manufacture low-cost urea and substitute natural gas, among other products." The Pentland mining resource is located in the northern part of the Galilee Basin, which is known for its vast quantities of Permian thermal coal. The quality of coal at this location is JORC compliant thermal coal. The site has an existing rail access to Townsville, Queensland. The JORC Code is a professional code of practice overseen by the global Committee for Mineral Reserves International Reporting Standards (CRIRSCO). The Code sets minimum standards and a mandatory system for public reporting of results, mineral resources, and ore reserves. SES is a technology Company that uses its proprietary technology by converting low-cost and low-grade coal, biomass and municipal solid waste into clean, high-value synthesis gas (syngas) and methane. SES's technology can also produce high-purity hydrogen which can be used as transportation fuel. SES technology can easily cater to the fuel needs for both large-scale and efficient small- to medium-scale operations. AFE's main purpose is to develop business opportunities in Australia for manufacturing a range of clean energy and chemical products from unmarketable and waste coals generated in the coal mining process. AFE uses SES's proprietary technology for conversion of these waste products into clean energy products like fertilizers, natural gas, power, and industrial fuel gas. The technology benefits both the coal owners / operators as well as the environment at the same time provides a low-cost energy source for feedstocks. In 2016, AFE had acquired Callide coal mine operations and founded Batchfire Pty, Ltd (‘Batchfire'). Batchfire currently owns and operates the Callide coal mines. Recently on April 12, 2017, SES together with its joint venture partner China's Suzhou THVOW Technology Company announced the completion of the first and largest SES Gasification Technology (SGT) project. The project, which became operational, was one of the three SGT projects being installed by Aluminum Corporation of China. SES has a total of 12 commercial gasification systems in China. At the closing bell, on Tuesday, April 18, 2017, Synthesis Energy Systems' stock tumbled 5.38%, ending the trading session at $0.88. A total volume of 57.74 thousand shares were traded at the end of the day. In the previous three months, shares of the Company have surged 14.29%. At Tuesday's closing price, the stock's net capitalization stands at $76.62 million. Active Wall Street (AWS) 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. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. AWS has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. LONDON, UK / ACCESSWIRE / April 19, 2017 / Active Wall St. blog coverage looks at the headline from Clean Energy Company Synthesis Energy Systems, Inc. (NASDAQ: SYMX) as the Houston, Texas based Company announced the acquisition of a 270 million ton JORC compliant coal resource lease near Pentland, Queensland, Australia on April 18, 2017. Register with us now for your free membership and blog access at: http://www.activewallst.com/register/. One of Synthesis Energy Systems' competitors within the Specialty Chemicals space, Westlake Chemical Corp. (NYSE: WLK), is estimated to report earnings on May 02, 2017. AWS will be initiating a research report on Westlake Chemical following the release of its next earnings results. Today, AWS is promoting its blog coverage on SYMX; touching on WLK. Get all of our free blog coverage and more by clicking on the link below: http://www.activewallst.com/register/. The mine development lease MDL361 was acquired by Great Northern Energy Pty Ltd, a wholly owned subsidiary of Australian Future Energy Pty Ltd (AFE). Great Northern Energy Pty Ltd was formed by AFE specifically to manage the Pentland project. SES owns 40% stake in AFE, a privately owned Australian Company. As per the agreed terms of acquiring the mine development lease, AFE has already paid the first two instalments and will be making the third and final payment within the next six months. Commenting on the acquisition of mine development lease, Robert W. Rigdon, Vice Chairman of SES and Deputy Chairman of AFE said: "AFE once again delivers another important component of its business plan. When developed, this significantly sized Pentland resource acquisition of marketable coal additionally represents a significant amount of unmarketable coal from which AFE can manufacture low-cost urea and substitute natural gas, among other products." The Pentland mining resource is located in the northern part of the Galilee Basin, which is known for its vast quantities of Permian thermal coal. The quality of coal at this location is JORC compliant thermal coal. The site has an existing rail access to Townsville, Queensland. The JORC Code is a professional code of practice overseen by the global Committee for Mineral Reserves International Reporting Standards (CRIRSCO). The Code sets minimum standards and a mandatory system for public reporting of results, mineral resources, and ore reserves. SES is a technology Company that uses its proprietary technology by converting low-cost and low-grade coal, biomass and municipal solid waste into clean, high-value synthesis gas (syngas) and methane. SES's technology can also produce high-purity hydrogen which can be used as transportation fuel. SES technology can easily cater to the fuel needs for both large-scale and efficient small- to medium-scale operations. AFE's main purpose is to develop business opportunities in Australia for manufacturing a range of clean energy and chemical products from unmarketable and waste coals generated in the coal mining process. AFE uses SES's proprietary technology for conversion of these waste products into clean energy products like fertilizers, natural gas, power, and industrial fuel gas. The technology benefits both the coal owners / operators as well as the environment at the same time provides a low-cost energy source for feedstocks. In 2016, AFE had acquired Callide coal mine operations and founded Batchfire Pty, Ltd (‘Batchfire'). Batchfire currently owns and operates the Callide coal mines. Recently on April 12, 2017, SES together with its joint venture partner China's Suzhou THVOW Technology Company announced the completion of the first and largest SES Gasification Technology (SGT) project. The project, which became operational, was one of the three SGT projects being installed by Aluminum Corporation of China. SES has a total of 12 commercial gasification systems in China. At the closing bell, on Tuesday, April 18, 2017, Synthesis Energy Systems' stock tumbled 5.38%, ending the trading session at $0.88. A total volume of 57.74 thousand shares were traded at the end of the day. In the previous three months, shares of the Company have surged 14.29%. At Tuesday's closing price, the stock's net capitalization stands at $76.62 million. Active Wall Street (AWS) 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. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. AWS has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


LONDON, UK / ACCESSWIRE / April 19, 2017 / Active Wall St. blog coverage looks at the headline from Clean Energy Company Synthesis Energy Systems, Inc. (NASDAQ: SYMX) as the Houston, Texas based Company announced the acquisition of a 270 million ton JORC compliant coal resource lease near Pentland, Queensland, Australia on April 18, 2017. Register with us now for your free membership and blog access at: http://www.activewallst.com/register/. One of Synthesis Energy Systems' competitors within the Specialty Chemicals space, Westlake Chemical Corp. (NYSE: WLK), is estimated to report earnings on May 02, 2017. AWS will be initiating a research report on Westlake Chemical following the release of its next earnings results. Today, AWS is promoting its blog coverage on SYMX; touching on WLK. Get all of our free blog coverage and more by clicking on the link below: http://www.activewallst.com/register/. The mine development lease MDL361 was acquired by Great Northern Energy Pty Ltd, a wholly owned subsidiary of Australian Future Energy Pty Ltd (AFE). Great Northern Energy Pty Ltd was formed by AFE specifically to manage the Pentland project. SES owns 40% stake in AFE, a privately owned Australian Company. As per the agreed terms of acquiring the mine development lease, AFE has already paid the first two instalments and will be making the third and final payment within the next six months. Commenting on the acquisition of mine development lease, Robert W. Rigdon, Vice Chairman of SES and Deputy Chairman of AFE said: "AFE once again delivers another important component of its business plan. When developed, this significantly sized Pentland resource acquisition of marketable coal additionally represents a significant amount of unmarketable coal from which AFE can manufacture low-cost urea and substitute natural gas, among other products." The Pentland mining resource is located in the northern part of the Galilee Basin, which is known for its vast quantities of Permian thermal coal. The quality of coal at this location is JORC compliant thermal coal. The site has an existing rail access to Townsville, Queensland. The JORC Code is a professional code of practice overseen by the global Committee for Mineral Reserves International Reporting Standards (CRIRSCO). The Code sets minimum standards and a mandatory system for public reporting of results, mineral resources, and ore reserves. SES is a technology Company that uses its proprietary technology by converting low-cost and low-grade coal, biomass and municipal solid waste into clean, high-value synthesis gas (syngas) and methane. SES's technology can also produce high-purity hydrogen which can be used as transportation fuel. SES technology can easily cater to the fuel needs for both large-scale and efficient small- to medium-scale operations. AFE's main purpose is to develop business opportunities in Australia for manufacturing a range of clean energy and chemical products from unmarketable and waste coals generated in the coal mining process. AFE uses SES's proprietary technology for conversion of these waste products into clean energy products like fertilizers, natural gas, power, and industrial fuel gas. The technology benefits both the coal owners / operators as well as the environment at the same time provides a low-cost energy source for feedstocks. In 2016, AFE had acquired Callide coal mine operations and founded Batchfire Pty, Ltd (‘Batchfire'). Batchfire currently owns and operates the Callide coal mines. Recently on April 12, 2017, SES together with its joint venture partner China's Suzhou THVOW Technology Company announced the completion of the first and largest SES Gasification Technology (SGT) project. The project, which became operational, was one of the three SGT projects being installed by Aluminum Corporation of China. SES has a total of 12 commercial gasification systems in China. At the closing bell, on Tuesday, April 18, 2017, Synthesis Energy Systems' stock tumbled 5.38%, ending the trading session at $0.88. A total volume of 57.74 thousand shares were traded at the end of the day. In the previous three months, shares of the Company have surged 14.29%. At Tuesday's closing price, the stock's net capitalization stands at $76.62 million. Active Wall Street (AWS) 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. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. AWS has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


News Article | May 4, 2017
Site: www.prweb.com

Hitachi Solutions Asia Pacific, the leading provider of Microsoft-based ERP and CRM solutions, will be holding Lunch-and-Learn Events in Singapore, Philippines, Hong Kong, Malaysia and Australia. These events will focus on how Hitachi Solutions and Microsoft Dynamics 365 can address the challenges that Insurance companies face today. The CRM for Insurance Lunch and Learn Events and Webinars will showcase Hitachi’s Solution for Insurance built on Microsoft Dynamics. The solution helps: Hitachi Solutions Asia Pacific will also discuss how insurers can further improve their relationship with their clients and business partners by providing a customer-centric approach in doing business. With this solution, insurers are able to easily create and maintain a clear view of their customers from first contact through post-sales, improving agent productivity and thus expanding business growth. The Digital Insurer – Becoming a Customer-centric Insurer in the Digital Age Webinar (Hong Kong) Date: Wednesday, May 10th, 2017 Time: 10:00 AM to 11:00 AM HKT Register Here: http://bit.ly/2q0Xq20 CRM for Insurance Lunch and Learn Event (Philippines) Date: Thursday, May 11th, 2017 Time: 11:00 AM to 1:00 PM PHT Register Here: http://bit.ly/2oQI8fQ CRM for Insurance Lunch and Learn Event (Singapore) Date: Wednesday, May 31st, 2017 Time: 11:00 AM to 1:00 PM SGT Register Here: http://bit.ly/2pgxyy9 CRM for Insurance Lunch and Learn Event (Kuala Lumpur) Date: Wednesday, July 26th, 2017 Time: 11:00 AM to 1:00 PM MYT Register Here: http://bit.ly/2qqYBaU CRM for Insurance Lunch and Learn Event (Australia) Date: Tuesday, August 1st, 2017 Time: 11:00 AM to 1:00 PM AEST Register Here: http://bit.ly/2ouNz4m “We understand the business of Insurance and its IT needs. We are pleased to provide our global solution to Insurers in Asia Pacific and the Australia New Zealand region that will help them improve Customer Satisfaction, Customer Retention and Increase Policy Production per agent.” said Sandeep Walia, President, Hitachi Solutions Asia Pacific. For more information on the CRM for Insurance Webinar and Lunch and Learn events, please email apacsales(at)hitachi-solutions(dot)com. Hitachi Solutions Asia Pacific helps its customers to successfully compete with the largest global enterprises using powerful, easy-to-use, and affordable industry solutions built on Microsoft Dynamics AX and Microsoft Dynamics CRM enhanced with world class Business Analytics, and Portals and Collaboration. Recognized as the Microsoft ERP Partner of year in 2015 and 2015 and Microsoft Partner of the Year in Asia Pacific in 2015, Microsoft CRM Global Partner of the Year in 2014 and the 2014 Dynamics Global Outstanding Reseller of the Year. Hitachi Solutions Group provides global capabilities with regional offices and team members in the Asia Pacific region including Australia, Hong Kong, Japan, Malaysia, New Zealand, Philippines, Singapore, Thailand, and Vietnam. For more information visit: http://apac.hitachi-solutions.com/. Hitachi Solutions, Ltd., headquartered in Tokyo, Japan, is one of the core IT Companies of Hitachi Group and a recognized leader in delivering proven business and IT strategies and solutions to companies across many industries. The company provides value-driven services throughout the IT life cycle from systems planning to systems integration, operation and maintenance. Hitachi Solutions delivers products and services of superior value to customers worldwide through key subsidiaries in the United States, the United Kingdom, Canada, India, China, and Asia Pacific. For more information on Hitachi Solutions, please visit: http://www.hitachi-solutions.com. Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society’s challenges with our talented team and proven experience in global markets. The company’s consolidated revenues for fiscal 2015 (ended March 31, 2016) totaled 10,034 billion yen ($88.8 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company’s website at http://www.hitachi.com.


As popular gym celebrates nine years in business, CAPPIES award is second in a row -- For the second year in a row, Get Fit NH has won a Capitol Area People's Preference Award  ("CAPPIES")for Best Fitness Center or Health Club. This regional recognition comes just a day after the popular training gym celebrated its ninth year in business. Co-owner Dean Carlson reflected on the anniversary:"​When we started, with nine of us in my backyard on the cool morning on May 8, 2008, at 5:00am, there was no grandiose plan of 2 locations, multiple coaches, and state, regional and national recognition."But yet this is exactly what has happened. Get Fit NH now operates two locations in Concord and Epsom and has gone from two coaches, Dean and his wife and business partner, Nancy, to six coaches. "Then, as today, it was about a group of people bonding together for a common purpose: to be the best version of ourselves we could be, through the vehicle of pursuing better health and fitness." In 2008, there were nine. Today, more than 400 clients choose to train to lose fat, get lean, and look and feel great with Get Fit NH.Just last month in the annual statewide Hippo Press voting, Get Fit NH was named "Best of the Best" gym in all of New Hampshire and their "Smart Group Training" the "Best of the Best workout class" in the entire state. Coach Nancy Carlson earned the "Best of the Best" Fitness instructor award. This makes five years in a row of  "Best of the Best" awards and eight "Best of…" awards for Get Fit NH.Nationally, Get Fit NH is one of only a handful of gyms to have earned Smart Group Training (SGT) certification. SGT is built around the Functional Movement Screen which allows personalization of the routine within a group setting to maximize each client's results. Get Fit NH asks each new student to come in for a 2 week free trial before joining. These two weeks allow them the best chance to see for themselves what taking advantage of the innovative approach at Get Fit NH will do for them.Get Fit NH is built on the philosophy that if the training isn't fun, safe, and effective, clients won't come back. "Fitness technology is huge these days," Dean says. "It makes training interesting and helps both our clients and us see and track progress, as well as make quicker adjustments to the training program as needed." In the last few years, they have added new innovations at the gym such as BioForce HRV heart rate variability testing, which monitors readiness for exercise, Fit 3D body scanning for viewing and tracking progress over time, and MyZone, which allows coaches and clients to monitor degree of effort while training.The success of Get Fit NH is due to their continuous drive to do what it takes to make their clients better. To this end they offer professional group fitness training, nutrition coaching, and seminars at two locations in Concord and Epsom. See their website, www.getfitnh.com or call 344-2651 today to make it happen for you.


Patent
SGT Co. and We | Date: 2017-03-22

Provided is a plastic waste solid fuel incinerator comprising: an incinerator housing which has, on the upper portion thereof, a gas outlet through which combustion gas is discharged; a fuel supply unit which transfers and supplies a plastic waste solid fuel; a first combustion unit which continuously transfers and burns the supplied plastic waste solid fuel; a first air supply unit which supplies air needed for combustion to the first combustion unit; a combustion gas induction unit which induces the combustion gas generated from the first combustion unit toward the lower portion of a first combustion chamber; a second combustion unit which is arranged in the lower portion of the first combustion unit and comprises a downward injection nozzle unit which downwardly injects the combustion gas supplied through the combustion gas induction unit in order to reburn the combustion gas; and a second air supply unit which is arranged in the lower portion of the second combustion unit and supplies the air needed for combustion to the second combustion unit by downwardly injecting the air. Accordingly, there is an advantage of allowing continuous combustion using combustion gas generated during the combustion of the plastic waste solid fuel without using a separate auxiliary fuel, thereby reducing incineration costs.


HOUSTON, May 11, 2017 (GLOBE NEWSWIRE) -- Synthesis Energy Systems, Inc. (SES) (NASDAQ:SYMX), a global leader in clean and efficient production of low-cost synthesis gas for high value energy and chemical markets, today reported financial results for its fiscal 2017 third quarter ended March 31, 2017. “During the third quarter of our fiscal year 2017, our business activities in Australia have been SES’s area of intense focus and we are now seeing these efforts accelerate. As we announced this morning, we are very excited to have entered into a definitive Technology License Agreement with Australian Future Energy Pty Ltd (AFE). SES owns approximately 40% of AFE, and through AFE, SES expects to also indirectly own an interest in the individual projects. All AFE projects will use Australia’s resources in a responsible manner, and AFE has identified several project opportunities and is expected to initially carry two projects forward into development, design and construction. The scale of these projects is quite large, each on the order of $2 billion total installed cost. The initial two projects combined have the potential to generate approximately $300 million in orders for technology licensing and equipment sales to SES,” said DeLome Fair, SES’s President and CEO. “AFE has also continued to execute on its plan to acquire additional ownership position in coal resources, such as the recently announced 270 million ton Pentland resource acquisition. Additionally, the owners of AFE created Batchfire Resources which acquired ownership of the producing Callide Mine in October 2016. These resources, along with local renewable resources, will be used in combination to fuel the AFE projects. All projects will use our clean energy technology exclusively. “This top line licensing and equipment revenue, along with future AFE equity project dividends and dividends from both AFE’s and Batchfire’s coal resources from our first global platform, and the development of additional similar platforms in other regions of the world has been, and will continue to be, our focus,” added Ms. Fair. “As we diversify our business we recognize our history in China, which has been a market that has allowed us to successfully commercialize our proprietary clean energy technology with 12 systems. In the future, our focus inside China is to make the business self-sufficient and self-funding, and to generate positive cash flow from our assets. This strategic shift of focus has allowed us to appropriately streamline our costs while retaining our core technology capabilities. This has resulted in a reduction of our company cash expenses from about $8.9 million at the beginning of this fiscal year to a projection of about $6.4 million over the next 12 months. “While Australia will be our area of intense focus over the next 12 months, we are pursuing the successful AFE model of developing platforms in additional regions of the world that have abundant coal and limited access to affordable natural gas. Opportunities for financially impactful project platforms exist in Eastern Europe, South America and the Caribbean, and we continue the process of moving these forward. Globally, we have a project pipeline with current prospective project opportunities that could exceed $20 billion in total project facilities cost. Along with Australia we continue to pursue other nearer term opportunities in South America, India, the Caribbean and Southeast Asia,” concluded Ms. Fair. AFE Technology License Agreement for Project in Australia: In May 2017, SES entered into a definitive Technology License Agreement with AFE for a large-scale project in Australia. Based on the terms of the agreement, SES will receive fees based on the licensed capacity for the project, and for the Process Design Package (PDP), totaling $27 million. It is expected that the project will purchase proprietary equipment from SES which, based on the license capacity of the project, could be valued at approximately $120 million and would be contracted soon after completion of the PDP, which is expected to start later this year and take about six months to complete. Fees are to be paid at agreed milestones across the development, design, construction, start-up and operations of the project. The entire package of technology, services and equipment is expected to provide SES with top line revenue of approximately $150 million with attractive gross profit margins. This Technology License Agreement kicks off AFE’s first project, which is expected to be the first of several AFE projects developed for industrial-scale poly-generation facilities that produce low-cost syngas, ammonia for nitrogen fertilizer and ammonium nitrate products, as well as synthetic natural gas and electric power. AFE has identified several project opportunities, and is expected to carry two of these projects forward into development, design and construction, subject to obtaining all necessary Government approvals and funding. Pentland Resource Acquisition: In April 2017, Great Northern Energy Pty Ltd, a wholly owned subsidiary of AFE, acquired a 270 million ton JORC compliant coal resource lease near Pentland, Queensland. The acquired mine development lease, MDL361, has existing rail access to Townsville, QLD. Under the terms of the definitive agreement for acquiring the mine development lease AFE has completed its first of two payments and is scheduled to complete the final payment within six months. The Pentland resource is located in the northern part of the Galilee Basin which contains large quantities of Permian thermal coal. The Pentland resource has been well proven through significant bore hole evaluation work completed initially by Shell Oil Company in the 1970s and several subsequent analyses since that time. Callide Mine Operations: The AFE spin-off resource company, Batchfire Resources Pty Ltd., in which SES holds an 11.4% ownership position, continues to improve efficiencies at the Callide Mine which it acquired with uninterrupted operations in October 2016. Financial results at the mine are ahead of the original plan. The Callide Mine is a mature and significantly sized coal producer with substantial recoverable thermal coal reserves, according to Batchfire. The Callide Mine has been a major economic and employment driver for the town of Biloela and central Queensland for more than 70 years, supplemented by the commissioning of the nearby Callide Power Station in 1965. The Callide B and C power stations are leading customers for the mine’s output under long-term supply contracts, essential for major power generation facilities with a combined capacity of 1,510 megawatts. The Company has implemented significant cost reductions in China and has challenged its China team with the goals of becoming self-sufficient and self-funding with capital raised locally in China, and on generating positive cash flow from its existing assets including the Yima and Tianwo-SES joint ventures. The Company is currently evaluating all SES activities in China through this process. The Company reported revenues of $22,000 for the three months ended March 31, 2017 (the “Current Quarter”).  During the three months ended March 31, 2016 (the “Comparable Quarter”) total revenues were $51,000, which resulted from engineering feasibility studies and coal testing services for a customer. The Company reported $20,000 costs of sales during the Current Quarter, which related to the costs incurred for engineering studies for a customer. There was no cost of sales in the Comparable Quarter. The Company's operating loss from continuing operations for the Current Quarter was $2.7 million versus an operating loss of $2.8 million for the Comparable Quarter. The decrease in operating loss was primarily due to a reduction in general administrative expenses during the Current Quarter. The net loss attributable to stockholders for the third quarter of fiscal 2017 was approximately $2.7 million during the Current Quarter versus a loss of $3.0 million for the Comparable Quarter. As of March 31, 2017, the Company had cash and cash equivalents of $7.0 million and working capital of $5.7 million. SES’s President and CEO DeLome Fair and CAO Scott Davis will report on financial results and provide a business update beginning at 4:15 p.m. ET on May 11. To access the live conference call webcast, please log on to http://services.choruscall.com/links/symx170511.html, or the Investor Center of the corporate website: http://ir.synthesisenergy.com/index.cfm. Alternatively, interested parties may participate in SES’s conference call by phoning (877) 508-9602 (U.S.) or (412) 317-5113 (Int’l). Callers should request the “Synthesis Energy Systems, Inc. call.” An archived version of the SES conference call webcast will be available, beginning approximately one hour after its completion, through June 10, 2017. Interested parties can access the telephonic replay on the Investor Center of the company’s website, or by phoning (877) 344-7529 (U.S.) or (412) 317-0088 (Int’l). The PIN access code for both the live call and replay is: 10105582. Synthesis Energy Systems (SES) is a Houston-based technology company focused on generating clean, high-value energy from low-cost and low-grade coal, biomass and municipal solid waste through its proprietary technology for conversion of these resources into a clean synthesis gas (syngas) and methane. SES’s proprietary technology enables the production of clean, low-cost power, industrial fuel gas, chemicals, fertilizers, transportation fuels, and substitute natural gas, replacing expensive natural gas-based energy. SES’s technology can also produce high-purity hydrogen for cleaner transportation fuels. SES enables greater fuel flexibility for both large-scale and efficient small- to medium-scale operations close to fuel sources. Fuel sources include low-rank, low-cost high ash, high moisture coals, which are significantly cheaper than higher grade coals, waste coals, biomass, and municipal solid waste feedstocks. SES: Growth With Blue Skies. For more information, please visit: www.synthesisenergy.com. This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those risks, trends and uncertainties are the ability of our project with Yima to produce earnings and pay dividends; our ability to develop and expand business of the TSEC joint venture in the joint venture territory; our ability to develop our power business unit and our other business verticals, including DRI steel, through our marketing arrangement with Midrex Technologies, and renewables; our ability to successfully develop the SES licensing business; the ability of the ZZ Joint Venture to retire existing facilities and equipment and build another SGT facility; the ability of Batchfire and AFE management to successfully grow and develop their Australian assets and operations, including Callide and Pentland; the economic conditions of countries where we are operating; events or circumstances which result in an impairment of our assets; our ability to reduce operating costs; our ability to make distributions and repatriate earnings from our Chinese operations; our ability to successfully commercialize our technology at a larger scale and higher pressures; commodity prices, including in particular natural gas, crude oil, methanol and power, the availability and terms of financing; our customers’ and/or our ability to obtain the necessary approvals and permits for future projects, our ability to raise additional capital, if any, our ability to estimate the sufficiency of existing capital resources; the sufficiency of internal controls and procedures; and our results of operations in countries outside of the U.S., where we are continuing to pursue and develop projects. Although SES believes that in making such forward-looking statements our expectations are based upon reasonable assumptions, such statements may be influenced by factors that could cause actual outcomes and results to be materially different from those projected by us. SES cannot assure you that the assumptions upon which these statements are based will prove to have been correct.


HOUSTON, May 11, 2017 (GLOBE NEWSWIRE) -- Synthesis Energy Systems, Inc. (SES) (NASDAQ:SYMX), a global leader in clean and efficient production of low-cost synthesis gas for high value energy and chemical markets, today reported financial results for its fiscal 2017 third quarter ended March 31, 2017. “During the third quarter of our fiscal year 2017, our business activities in Australia have been SES’s area of intense focus and we are now seeing these efforts accelerate. As we announced this morning, we are very excited to have entered into a definitive Technology License Agreement with Australian Future Energy Pty Ltd (AFE). SES owns approximately 40% of AFE, and through AFE, SES expects to also indirectly own an interest in the individual projects. All AFE projects will use Australia’s resources in a responsible manner, and AFE has identified several project opportunities and is expected to initially carry two projects forward into development, design and construction. The scale of these projects is quite large, each on the order of $2 billion total installed cost. The initial two projects combined have the potential to generate approximately $300 million in orders for technology licensing and equipment sales to SES,” said DeLome Fair, SES’s President and CEO. “AFE has also continued to execute on its plan to acquire additional ownership position in coal resources, such as the recently announced 270 million ton Pentland resource acquisition. Additionally, the owners of AFE created Batchfire Resources which acquired ownership of the producing Callide Mine in October 2016. These resources, along with local renewable resources, will be used in combination to fuel the AFE projects. All projects will use our clean energy technology exclusively. “This top line licensing and equipment revenue, along with future AFE equity project dividends and dividends from both AFE’s and Batchfire’s coal resources from our first global platform, and the development of additional similar platforms in other regions of the world has been, and will continue to be, our focus,” added Ms. Fair. “As we diversify our business we recognize our history in China, which has been a market that has allowed us to successfully commercialize our proprietary clean energy technology with 12 systems. In the future, our focus inside China is to make the business self-sufficient and self-funding, and to generate positive cash flow from our assets. This strategic shift of focus has allowed us to appropriately streamline our costs while retaining our core technology capabilities. This has resulted in a reduction of our company cash expenses from about $8.9 million at the beginning of this fiscal year to a projection of about $6.4 million over the next 12 months. “While Australia will be our area of intense focus over the next 12 months, we are pursuing the successful AFE model of developing platforms in additional regions of the world that have abundant coal and limited access to affordable natural gas. Opportunities for financially impactful project platforms exist in Eastern Europe, South America and the Caribbean, and we continue the process of moving these forward. Globally, we have a project pipeline with current prospective project opportunities that could exceed $20 billion in total project facilities cost. Along with Australia we continue to pursue other nearer term opportunities in South America, India, the Caribbean and Southeast Asia,” concluded Ms. Fair. AFE Technology License Agreement for Project in Australia: In May 2017, SES entered into a definitive Technology License Agreement with AFE for a large-scale project in Australia. Based on the terms of the agreement, SES will receive fees based on the licensed capacity for the project, and for the Process Design Package (PDP), totaling $27 million. It is expected that the project will purchase proprietary equipment from SES which, based on the license capacity of the project, could be valued at approximately $120 million and would be contracted soon after completion of the PDP, which is expected to start later this year and take about six months to complete. Fees are to be paid at agreed milestones across the development, design, construction, start-up and operations of the project. The entire package of technology, services and equipment is expected to provide SES with top line revenue of approximately $150 million with attractive gross profit margins. This Technology License Agreement kicks off AFE’s first project, which is expected to be the first of several AFE projects developed for industrial-scale poly-generation facilities that produce low-cost syngas, ammonia for nitrogen fertilizer and ammonium nitrate products, as well as synthetic natural gas and electric power. AFE has identified several project opportunities, and is expected to carry two of these projects forward into development, design and construction, subject to obtaining all necessary Government approvals and funding. Pentland Resource Acquisition: In April 2017, Great Northern Energy Pty Ltd, a wholly owned subsidiary of AFE, acquired a 270 million ton JORC compliant coal resource lease near Pentland, Queensland. The acquired mine development lease, MDL361, has existing rail access to Townsville, QLD. Under the terms of the definitive agreement for acquiring the mine development lease AFE has completed its first of two payments and is scheduled to complete the final payment within six months. The Pentland resource is located in the northern part of the Galilee Basin which contains large quantities of Permian thermal coal. The Pentland resource has been well proven through significant bore hole evaluation work completed initially by Shell Oil Company in the 1970s and several subsequent analyses since that time. Callide Mine Operations: The AFE spin-off resource company, Batchfire Resources Pty Ltd., in which SES holds an 11.4% ownership position, continues to improve efficiencies at the Callide Mine which it acquired with uninterrupted operations in October 2016. Financial results at the mine are ahead of the original plan. The Callide Mine is a mature and significantly sized coal producer with substantial recoverable thermal coal reserves, according to Batchfire. The Callide Mine has been a major economic and employment driver for the town of Biloela and central Queensland for more than 70 years, supplemented by the commissioning of the nearby Callide Power Station in 1965. The Callide B and C power stations are leading customers for the mine’s output under long-term supply contracts, essential for major power generation facilities with a combined capacity of 1,510 megawatts. The Company has implemented significant cost reductions in China and has challenged its China team with the goals of becoming self-sufficient and self-funding with capital raised locally in China, and on generating positive cash flow from its existing assets including the Yima and Tianwo-SES joint ventures. The Company is currently evaluating all SES activities in China through this process. The Company reported revenues of $22,000 for the three months ended March 31, 2017 (the “Current Quarter”).  During the three months ended March 31, 2016 (the “Comparable Quarter”) total revenues were $51,000, which resulted from engineering feasibility studies and coal testing services for a customer. The Company reported $20,000 costs of sales during the Current Quarter, which related to the costs incurred for engineering studies for a customer. There was no cost of sales in the Comparable Quarter. The Company's operating loss from continuing operations for the Current Quarter was $2.7 million versus an operating loss of $2.8 million for the Comparable Quarter. The decrease in operating loss was primarily due to a reduction in general administrative expenses during the Current Quarter. The net loss attributable to stockholders for the third quarter of fiscal 2017 was approximately $2.7 million during the Current Quarter versus a loss of $3.0 million for the Comparable Quarter. As of March 31, 2017, the Company had cash and cash equivalents of $7.0 million and working capital of $5.7 million. SES’s President and CEO DeLome Fair and CAO Scott Davis will report on financial results and provide a business update beginning at 4:15 p.m. ET on May 11. To access the live conference call webcast, please log on to http://services.choruscall.com/links/symx170511.html, or the Investor Center of the corporate website: http://ir.synthesisenergy.com/index.cfm. Alternatively, interested parties may participate in SES’s conference call by phoning (877) 508-9602 (U.S.) or (412) 317-5113 (Int’l). Callers should request the “Synthesis Energy Systems, Inc. call.” An archived version of the SES conference call webcast will be available, beginning approximately one hour after its completion, through June 10, 2017. Interested parties can access the telephonic replay on the Investor Center of the company’s website, or by phoning (877) 344-7529 (U.S.) or (412) 317-0088 (Int’l). The PIN access code for both the live call and replay is: 10105582. Synthesis Energy Systems (SES) is a Houston-based technology company focused on generating clean, high-value energy from low-cost and low-grade coal, biomass and municipal solid waste through its proprietary technology for conversion of these resources into a clean synthesis gas (syngas) and methane. SES’s proprietary technology enables the production of clean, low-cost power, industrial fuel gas, chemicals, fertilizers, transportation fuels, and substitute natural gas, replacing expensive natural gas-based energy. SES’s technology can also produce high-purity hydrogen for cleaner transportation fuels. SES enables greater fuel flexibility for both large-scale and efficient small- to medium-scale operations close to fuel sources. Fuel sources include low-rank, low-cost high ash, high moisture coals, which are significantly cheaper than higher grade coals, waste coals, biomass, and municipal solid waste feedstocks. SES: Growth With Blue Skies. For more information, please visit: www.synthesisenergy.com. This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those risks, trends and uncertainties are the ability of our project with Yima to produce earnings and pay dividends; our ability to develop and expand business of the TSEC joint venture in the joint venture territory; our ability to develop our power business unit and our other business verticals, including DRI steel, through our marketing arrangement with Midrex Technologies, and renewables; our ability to successfully develop the SES licensing business; the ability of the ZZ Joint Venture to retire existing facilities and equipment and build another SGT facility; the ability of Batchfire and AFE management to successfully grow and develop their Australian assets and operations, including Callide and Pentland; the economic conditions of countries where we are operating; events or circumstances which result in an impairment of our assets; our ability to reduce operating costs; our ability to make distributions and repatriate earnings from our Chinese operations; our ability to successfully commercialize our technology at a larger scale and higher pressures; commodity prices, including in particular natural gas, crude oil, methanol and power, the availability and terms of financing; our customers’ and/or our ability to obtain the necessary approvals and permits for future projects, our ability to raise additional capital, if any, our ability to estimate the sufficiency of existing capital resources; the sufficiency of internal controls and procedures; and our results of operations in countries outside of the U.S., where we are continuing to pursue and develop projects. Although SES believes that in making such forward-looking statements our expectations are based upon reasonable assumptions, such statements may be influenced by factors that could cause actual outcomes and results to be materially different from those projected by us. SES cannot assure you that the assumptions upon which these statements are based will prove to have been correct.


HOUSTON, May 11, 2017 (GLOBE NEWSWIRE) -- Synthesis Energy Systems, Inc. (SES) (NASDAQ:SYMX), a global leader in clean and efficient production of low-cost synthesis gas for high value energy and chemical markets, today reported financial results for its fiscal 2017 third quarter ended March 31, 2017. “During the third quarter of our fiscal year 2017, our business activities in Australia have been SES’s area of intense focus and we are now seeing these efforts accelerate. As we announced this morning, we are very excited to have entered into a definitive Technology License Agreement with Australian Future Energy Pty Ltd (AFE). SES owns approximately 40% of AFE, and through AFE, SES expects to also indirectly own an interest in the individual projects. All AFE projects will use Australia’s resources in a responsible manner, and AFE has identified several project opportunities and is expected to initially carry two projects forward into development, design and construction. The scale of these projects is quite large, each on the order of $2 billion total installed cost. The initial two projects combined have the potential to generate approximately $300 million in orders for technology licensing and equipment sales to SES,” said DeLome Fair, SES’s President and CEO. “AFE has also continued to execute on its plan to acquire additional ownership position in coal resources, such as the recently announced 270 million ton Pentland resource acquisition. Additionally, the owners of AFE created Batchfire Resources which acquired ownership of the producing Callide Mine in October 2016. These resources, along with local renewable resources, will be used in combination to fuel the AFE projects. All projects will use our clean energy technology exclusively. “This top line licensing and equipment revenue, along with future AFE equity project dividends and dividends from both AFE’s and Batchfire’s coal resources from our first global platform, and the development of additional similar platforms in other regions of the world has been, and will continue to be, our focus,” added Ms. Fair. “As we diversify our business we recognize our history in China, which has been a market that has allowed us to successfully commercialize our proprietary clean energy technology with 12 systems. In the future, our focus inside China is to make the business self-sufficient and self-funding, and to generate positive cash flow from our assets. This strategic shift of focus has allowed us to appropriately streamline our costs while retaining our core technology capabilities. This has resulted in a reduction of our company cash expenses from about $8.9 million at the beginning of this fiscal year to a projection of about $6.4 million over the next 12 months. “While Australia will be our area of intense focus over the next 12 months, we are pursuing the successful AFE model of developing platforms in additional regions of the world that have abundant coal and limited access to affordable natural gas. Opportunities for financially impactful project platforms exist in Eastern Europe, South America and the Caribbean, and we continue the process of moving these forward. Globally, we have a project pipeline with current prospective project opportunities that could exceed $20 billion in total project facilities cost. Along with Australia we continue to pursue other nearer term opportunities in South America, India, the Caribbean and Southeast Asia,” concluded Ms. Fair. AFE Technology License Agreement for Project in Australia: In May 2017, SES entered into a definitive Technology License Agreement with AFE for a large-scale project in Australia. Based on the terms of the agreement, SES will receive fees based on the licensed capacity for the project, and for the Process Design Package (PDP), totaling $27 million. It is expected that the project will purchase proprietary equipment from SES which, based on the license capacity of the project, could be valued at approximately $120 million and would be contracted soon after completion of the PDP, which is expected to start later this year and take about six months to complete. Fees are to be paid at agreed milestones across the development, design, construction, start-up and operations of the project. The entire package of technology, services and equipment is expected to provide SES with top line revenue of approximately $150 million with attractive gross profit margins. This Technology License Agreement kicks off AFE’s first project, which is expected to be the first of several AFE projects developed for industrial-scale poly-generation facilities that produce low-cost syngas, ammonia for nitrogen fertilizer and ammonium nitrate products, as well as synthetic natural gas and electric power. AFE has identified several project opportunities, and is expected to carry two of these projects forward into development, design and construction, subject to obtaining all necessary Government approvals and funding. Pentland Resource Acquisition: In April 2017, Great Northern Energy Pty Ltd, a wholly owned subsidiary of AFE, acquired a 270 million ton JORC compliant coal resource lease near Pentland, Queensland. The acquired mine development lease, MDL361, has existing rail access to Townsville, QLD. Under the terms of the definitive agreement for acquiring the mine development lease AFE has completed its first of two payments and is scheduled to complete the final payment within six months. The Pentland resource is located in the northern part of the Galilee Basin which contains large quantities of Permian thermal coal. The Pentland resource has been well proven through significant bore hole evaluation work completed initially by Shell Oil Company in the 1970s and several subsequent analyses since that time. Callide Mine Operations: The AFE spin-off resource company, Batchfire Resources Pty Ltd., in which SES holds an 11.4% ownership position, continues to improve efficiencies at the Callide Mine which it acquired with uninterrupted operations in October 2016. Financial results at the mine are ahead of the original plan. The Callide Mine is a mature and significantly sized coal producer with substantial recoverable thermal coal reserves, according to Batchfire. The Callide Mine has been a major economic and employment driver for the town of Biloela and central Queensland for more than 70 years, supplemented by the commissioning of the nearby Callide Power Station in 1965. The Callide B and C power stations are leading customers for the mine’s output under long-term supply contracts, essential for major power generation facilities with a combined capacity of 1,510 megawatts. The Company has implemented significant cost reductions in China and has challenged its China team with the goals of becoming self-sufficient and self-funding with capital raised locally in China, and on generating positive cash flow from its existing assets including the Yima and Tianwo-SES joint ventures. The Company is currently evaluating all SES activities in China through this process. The Company reported revenues of $22,000 for the three months ended March 31, 2017 (the “Current Quarter”).  During the three months ended March 31, 2016 (the “Comparable Quarter”) total revenues were $51,000, which resulted from engineering feasibility studies and coal testing services for a customer. The Company reported $20,000 costs of sales during the Current Quarter, which related to the costs incurred for engineering studies for a customer. There was no cost of sales in the Comparable Quarter. The Company's operating loss from continuing operations for the Current Quarter was $2.7 million versus an operating loss of $2.8 million for the Comparable Quarter. The decrease in operating loss was primarily due to a reduction in general administrative expenses during the Current Quarter. The net loss attributable to stockholders for the third quarter of fiscal 2017 was approximately $2.7 million during the Current Quarter versus a loss of $3.0 million for the Comparable Quarter. As of March 31, 2017, the Company had cash and cash equivalents of $7.0 million and working capital of $5.7 million. SES’s President and CEO DeLome Fair and CAO Scott Davis will report on financial results and provide a business update beginning at 4:15 p.m. ET on May 11. To access the live conference call webcast, please log on to http://services.choruscall.com/links/symx170511.html, or the Investor Center of the corporate website: http://ir.synthesisenergy.com/index.cfm. Alternatively, interested parties may participate in SES’s conference call by phoning (877) 508-9602 (U.S.) or (412) 317-5113 (Int’l). Callers should request the “Synthesis Energy Systems, Inc. call.” An archived version of the SES conference call webcast will be available, beginning approximately one hour after its completion, through June 10, 2017. Interested parties can access the telephonic replay on the Investor Center of the company’s website, or by phoning (877) 344-7529 (U.S.) or (412) 317-0088 (Int’l). The PIN access code for both the live call and replay is: 10105582. Synthesis Energy Systems (SES) is a Houston-based technology company focused on generating clean, high-value energy from low-cost and low-grade coal, biomass and municipal solid waste through its proprietary technology for conversion of these resources into a clean synthesis gas (syngas) and methane. SES’s proprietary technology enables the production of clean, low-cost power, industrial fuel gas, chemicals, fertilizers, transportation fuels, and substitute natural gas, replacing expensive natural gas-based energy. SES’s technology can also produce high-purity hydrogen for cleaner transportation fuels. SES enables greater fuel flexibility for both large-scale and efficient small- to medium-scale operations close to fuel sources. Fuel sources include low-rank, low-cost high ash, high moisture coals, which are significantly cheaper than higher grade coals, waste coals, biomass, and municipal solid waste feedstocks. SES: Growth With Blue Skies. For more information, please visit: www.synthesisenergy.com. This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those risks, trends and uncertainties are the ability of our project with Yima to produce earnings and pay dividends; our ability to develop and expand business of the TSEC joint venture in the joint venture territory; our ability to develop our power business unit and our other business verticals, including DRI steel, through our marketing arrangement with Midrex Technologies, and renewables; our ability to successfully develop the SES licensing business; the ability of the ZZ Joint Venture to retire existing facilities and equipment and build another SGT facility; the ability of Batchfire and AFE management to successfully grow and develop their Australian assets and operations, including Callide and Pentland; the economic conditions of countries where we are operating; events or circumstances which result in an impairment of our assets; our ability to reduce operating costs; our ability to make distributions and repatriate earnings from our Chinese operations; our ability to successfully commercialize our technology at a larger scale and higher pressures; commodity prices, including in particular natural gas, crude oil, methanol and power, the availability and terms of financing; our customers’ and/or our ability to obtain the necessary approvals and permits for future projects, our ability to raise additional capital, if any, our ability to estimate the sufficiency of existing capital resources; the sufficiency of internal controls and procedures; and our results of operations in countries outside of the U.S., where we are continuing to pursue and develop projects. Although SES believes that in making such forward-looking statements our expectations are based upon reasonable assumptions, such statements may be influenced by factors that could cause actual outcomes and results to be materially different from those projected by us. SES cannot assure you that the assumptions upon which these statements are based will prove to have been correct.


HOUSTON, May 11, 2017 (GLOBE NEWSWIRE) -- Synthesis Energy Systems, Inc. (SES) (NASDAQ:SYMX), a global leader in clean and efficient production of low-cost synthesis gas for high value energy and chemical markets, today reported financial results for its fiscal 2017 third quarter ended March 31, 2017. “During the third quarter of our fiscal year 2017, our business activities in Australia have been SES’s area of intense focus and we are now seeing these efforts accelerate. As we announced this morning, we are very excited to have entered into a definitive Technology License Agreement with Australian Future Energy Pty Ltd (AFE). SES owns approximately 40% of AFE, and through AFE, SES expects to also indirectly own an interest in the individual projects. All AFE projects will use Australia’s resources in a responsible manner, and AFE has identified several project opportunities and is expected to initially carry two projects forward into development, design and construction. The scale of these projects is quite large, each on the order of $2 billion total installed cost. The initial two projects combined have the potential to generate approximately $300 million in orders for technology licensing and equipment sales to SES,” said DeLome Fair, SES’s President and CEO. “AFE has also continued to execute on its plan to acquire additional ownership position in coal resources, such as the recently announced 270 million ton Pentland resource acquisition. Additionally, the owners of AFE created Batchfire Resources which acquired ownership of the producing Callide Mine in October 2016. These resources, along with local renewable resources, will be used in combination to fuel the AFE projects. All projects will use our clean energy technology exclusively. “This top line licensing and equipment revenue, along with future AFE equity project dividends and dividends from both AFE’s and Batchfire’s coal resources from our first global platform, and the development of additional similar platforms in other regions of the world has been, and will continue to be, our focus,” added Ms. Fair. “As we diversify our business we recognize our history in China, which has been a market that has allowed us to successfully commercialize our proprietary clean energy technology with 12 systems. In the future, our focus inside China is to make the business self-sufficient and self-funding, and to generate positive cash flow from our assets. This strategic shift of focus has allowed us to appropriately streamline our costs while retaining our core technology capabilities. This has resulted in a reduction of our company cash expenses from about $8.9 million at the beginning of this fiscal year to a projection of about $6.4 million over the next 12 months. “While Australia will be our area of intense focus over the next 12 months, we are pursuing the successful AFE model of developing platforms in additional regions of the world that have abundant coal and limited access to affordable natural gas. Opportunities for financially impactful project platforms exist in Eastern Europe, South America and the Caribbean, and we continue the process of moving these forward. Globally, we have a project pipeline with current prospective project opportunities that could exceed $20 billion in total project facilities cost. Along with Australia we continue to pursue other nearer term opportunities in South America, India, the Caribbean and Southeast Asia,” concluded Ms. Fair. AFE Technology License Agreement for Project in Australia: In May 2017, SES entered into a definitive Technology License Agreement with AFE for a large-scale project in Australia. Based on the terms of the agreement, SES will receive fees based on the licensed capacity for the project, and for the Process Design Package (PDP), totaling $27 million. It is expected that the project will purchase proprietary equipment from SES which, based on the license capacity of the project, could be valued at approximately $120 million and would be contracted soon after completion of the PDP, which is expected to start later this year and take about six months to complete. Fees are to be paid at agreed milestones across the development, design, construction, start-up and operations of the project. The entire package of technology, services and equipment is expected to provide SES with top line revenue of approximately $150 million with attractive gross profit margins. This Technology License Agreement kicks off AFE’s first project, which is expected to be the first of several AFE projects developed for industrial-scale poly-generation facilities that produce low-cost syngas, ammonia for nitrogen fertilizer and ammonium nitrate products, as well as synthetic natural gas and electric power. AFE has identified several project opportunities, and is expected to carry two of these projects forward into development, design and construction, subject to obtaining all necessary Government approvals and funding. Pentland Resource Acquisition: In April 2017, Great Northern Energy Pty Ltd, a wholly owned subsidiary of AFE, acquired a 270 million ton JORC compliant coal resource lease near Pentland, Queensland. The acquired mine development lease, MDL361, has existing rail access to Townsville, QLD. Under the terms of the definitive agreement for acquiring the mine development lease AFE has completed its first of two payments and is scheduled to complete the final payment within six months. The Pentland resource is located in the northern part of the Galilee Basin which contains large quantities of Permian thermal coal. The Pentland resource has been well proven through significant bore hole evaluation work completed initially by Shell Oil Company in the 1970s and several subsequent analyses since that time. Callide Mine Operations: The AFE spin-off resource company, Batchfire Resources Pty Ltd., in which SES holds an 11.4% ownership position, continues to improve efficiencies at the Callide Mine which it acquired with uninterrupted operations in October 2016. Financial results at the mine are ahead of the original plan. The Callide Mine is a mature and significantly sized coal producer with substantial recoverable thermal coal reserves, according to Batchfire. The Callide Mine has been a major economic and employment driver for the town of Biloela and central Queensland for more than 70 years, supplemented by the commissioning of the nearby Callide Power Station in 1965. The Callide B and C power stations are leading customers for the mine’s output under long-term supply contracts, essential for major power generation facilities with a combined capacity of 1,510 megawatts. The Company has implemented significant cost reductions in China and has challenged its China team with the goals of becoming self-sufficient and self-funding with capital raised locally in China, and on generating positive cash flow from its existing assets including the Yima and Tianwo-SES joint ventures. The Company is currently evaluating all SES activities in China through this process. The Company reported revenues of $22,000 for the three months ended March 31, 2017 (the “Current Quarter”).  During the three months ended March 31, 2016 (the “Comparable Quarter”) total revenues were $51,000, which resulted from engineering feasibility studies and coal testing services for a customer. The Company reported $20,000 costs of sales during the Current Quarter, which related to the costs incurred for engineering studies for a customer. There was no cost of sales in the Comparable Quarter. The Company's operating loss from continuing operations for the Current Quarter was $2.7 million versus an operating loss of $2.8 million for the Comparable Quarter. The decrease in operating loss was primarily due to a reduction in general administrative expenses during the Current Quarter. The net loss attributable to stockholders for the third quarter of fiscal 2017 was approximately $2.7 million during the Current Quarter versus a loss of $3.0 million for the Comparable Quarter. As of March 31, 2017, the Company had cash and cash equivalents of $7.0 million and working capital of $5.7 million. SES’s President and CEO DeLome Fair and CAO Scott Davis will report on financial results and provide a business update beginning at 4:15 p.m. ET on May 11. To access the live conference call webcast, please log on to http://services.choruscall.com/links/symx170511.html, or the Investor Center of the corporate website: http://ir.synthesisenergy.com/index.cfm. Alternatively, interested parties may participate in SES’s conference call by phoning (877) 508-9602 (U.S.) or (412) 317-5113 (Int’l). Callers should request the “Synthesis Energy Systems, Inc. call.” An archived version of the SES conference call webcast will be available, beginning approximately one hour after its completion, through June 10, 2017. Interested parties can access the telephonic replay on the Investor Center of the company’s website, or by phoning (877) 344-7529 (U.S.) or (412) 317-0088 (Int’l). The PIN access code for both the live call and replay is: 10105582. Synthesis Energy Systems (SES) is a Houston-based technology company focused on generating clean, high-value energy from low-cost and low-grade coal, biomass and municipal solid waste through its proprietary technology for conversion of these resources into a clean synthesis gas (syngas) and methane. SES’s proprietary technology enables the production of clean, low-cost power, industrial fuel gas, chemicals, fertilizers, transportation fuels, and substitute natural gas, replacing expensive natural gas-based energy. SES’s technology can also produce high-purity hydrogen for cleaner transportation fuels. SES enables greater fuel flexibility for both large-scale and efficient small- to medium-scale operations close to fuel sources. Fuel sources include low-rank, low-cost high ash, high moisture coals, which are significantly cheaper than higher grade coals, waste coals, biomass, and municipal solid waste feedstocks. SES: Growth With Blue Skies. For more information, please visit: www.synthesisenergy.com. This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those risks, trends and uncertainties are the ability of our project with Yima to produce earnings and pay dividends; our ability to develop and expand business of the TSEC joint venture in the joint venture territory; our ability to develop our power business unit and our other business verticals, including DRI steel, through our marketing arrangement with Midrex Technologies, and renewables; our ability to successfully develop the SES licensing business; the ability of the ZZ Joint Venture to retire existing facilities and equipment and build another SGT facility; the ability of Batchfire and AFE management to successfully grow and develop their Australian assets and operations, including Callide and Pentland; the economic conditions of countries where we are operating; events or circumstances which result in an impairment of our assets; our ability to reduce operating costs; our ability to make distributions and repatriate earnings from our Chinese operations; our ability to successfully commercialize our technology at a larger scale and higher pressures; commodity prices, including in particular natural gas, crude oil, methanol and power, the availability and terms of financing; our customers’ and/or our ability to obtain the necessary approvals and permits for future projects, our ability to raise additional capital, if any, our ability to estimate the sufficiency of existing capital resources; the sufficiency of internal controls and procedures; and our results of operations in countries outside of the U.S., where we are continuing to pursue and develop projects. Although SES believes that in making such forward-looking statements our expectations are based upon reasonable assumptions, such statements may be influenced by factors that could cause actual outcomes and results to be materially different from those projected by us. SES cannot assure you that the assumptions upon which these statements are based will prove to have been correct.


Technology and Process Design Package Order Valued at Approximately $27 Million with Follow-On Equipment Supply of Approximately $120 Million SES’s President and CEO to Discuss Agreement on Conference Call Webcast Today at 4:15 p.m. ET HOUSTON, May 11, 2017 (GLOBE NEWSWIRE) -- Synthesis Energy Systems, Inc. (SES) (NASDAQ:SYMX), a global leader in clean and efficient production of low cost synthesis gas for high value energy and chemical markets, announced today that it has entered into a definitive Technology License Agreement with Australian Future Energy Pty Ltd (AFE) for a large-scale project to be located in Australia. Based on the terms of the agreement, SES will receive fees based on the licensed capacity for the project, and for the Process Design Package (PDP), totaling $27 million. In addition to the Technology License and PDP, SES will immediately begin providing technical services to AFE related to the development of the project. It is expected that the project will purchase proprietary equipment from SES which, based on the license capacity of the project, could be valued at approximately $120 million and would be contracted soon after completion of the PDP. Fees are to be paid at agreed milestones across the development, design, construction, start-up and operations of the project.  The entire package of technology, services and equipment is expected to provide SES with top line revenue of approximately $150 million, with attractive gross profit margins. This Technology License Agreement kicks off AFE’s first project. It is expected to be the first of several AFE projects developed for industrial-scale poly-generation facilities that produce low-cost syngas, ammonia for nitrogen fertilizer and ammonium nitrate products, as well as synthetic natural gas (SNG) and electric power. AFE has identified several project opportunities, and is expected to carry two of these projects forward into development, design and construction, subject to obtaining all necessary Government approvals and funding. A similar second Technology License and PDP order is also anticipated either later this year or next year related to AFE’s second project undertaking. “This is an important day for SES and AFE. We are very excited to complete this Technology Licensing Agreement with AFE, which is a key to the advancement of AFE’s first project. AFE’s business model is to retain a significant carried interest in projects it develops, and as SES is a 40% owner of AFE, SES is expecting to also indirectly own an interest in these projects. The scale of these projects is quite large, on the order of $2 billion total installed cost. Altogether, we believe that the technology, services, equipment and equity earnings have the potential to generate attractive income for SES. As a result, our Australian platform is fast becoming a growth business for SES,” said Robert W. Rigdon, Vice Chairman of SES and Deputy Chairman of AFE. “SES’s technology is the key to unlocking the most economic, beneficial and environmentally responsible energy and chemical project solutions for our country.  AFE’s acquired coal resources, including the recently announced Batchfire/Callide mine and Pentland resource, along with local renewable resources, are expected to be used in combination to fuel the projects in a very clean, responsible manner, while consuming less water than other commercially available technologies. We looked hard and long at the available cleaner energy solutions and, hands-down, SES’s technology delivers,” said Edek Choros, AFE’s CEO. “We are planning to complete a capital raising this year, which will facilitate the design, approval and financial closing process. Construction funding will be required after final investment decision. We anticipate carrying two initial projects into development and subsequent design and construction.” The SES business model in Australia is a combination of top line revenue and margin from technology licensing and equipment sales, as well as dividends from project equity ownership through its 40% ownership in AFE that can provide recurring annual income to SES over the life of the project. Additionally, SES expects to receive dividends from ownership in the primary fuel resources that supply the AFE projects, such as Batchfire Resources Pty Ltd, which operates the large and well-established Callide coal mine, and future resource operations such as the recently announced Pentland resource acquisition. “AFE has grown into the most advanced model of our cleaner, lower carbon energy platform, with potential for multiple attractive projects that can result from the highly advantaged economics of connecting coal ownership with projects using our technology. Simultaneously, we are pursuing this platform model in other regions of the world that have abundant coal and limited access to affordable natural gas,” said DeLome Fair, SES’s President and CEO. Ms. Fair continued, “The combination of our ownership in Batchfire Resources and this license and engineering work, together with the expected proprietary equipment order and equity ownership to follow, are the first major commercial successes for SES outside of China. When combined with the future projects that are planned by our Australia platform and coal mine ownership, we believe that SES now has a solid base for both near term profitability and attractive long term growth, and we are working to develop similar platforms in Europe, the Caribbean and South America.” Ms. Fair will discuss the Technology License Agreement and provide a business update, as well as report on financial results for the Company’s fiscal 2017 third quarter ended March 31, 2017, beginning at 4:15 p.m. ET on May 11. To access the live conference call webcast, please log on to http://services.choruscall.com/links/symx170511.html, or the Investor Center of the corporate website: http://ir.synthesisenergy.com/index.cfm. Alternatively, interested parties may participate in SES’s conference call by phoning (877) 508-9602 (U.S.) or (412) 317-5113 (Int’l). Callers should request the “Synthesis Energy Systems, Inc. call.” Synthesis Energy Systems (SES) is a Houston-based technology company focused on generating clean, high-value energy from low-cost and low-grade coal, biomass and municipal solid waste through its proprietary technology for conversion of these resources into a clean synthesis gas (syngas) and methane. SES’s proprietary technology enables the production of clean, low-cost power, industrial fuel gas, chemicals, fertilizers, transportation fuels, and substitute natural gas, replacing expensive natural gas-based energy. SES’s technology can also produce high-purity hydrogen for cleaner transportation fuels. SES enables greater fuel flexibility for both large-scale and efficient small- to medium-scale operations close to fuel sources. Fuel sources include low-rank, low-cost high ash, high moisture coals, which are significantly cheaper than higher grade coals, waste coals, biomass, and municipal solid waste feedstocks. SES: Growth With Blue Skies. For more information, please visit: www.synthesisenergy.com. Australian Future Energy (AFE), Pty Ltd is a privately owned Australian company founded in 2014 by its primary shareholders, coal industry veteran Edek Choros and Synthesis Energy Systems, Inc. AFE was established to secure an ownership position in local resources, such as coal and biomass for production of agricultural chemicals and energy using SES gasification technology that will reduce carbon dioxide emissions, and support Australian industry and regional growth. As part of the formation of AFE, SES and AFE entered into a Master Technology Agreement whereby SES will share a portion of its earned license fee with AFE, and AFE will exclusively use SES technology while SES will exclusively use AFE as its channel to the Australian market. Since formation, AFE successfully created Batchfire Resources, Pty, Ltd in Australia which completed the acquisition of the large Callide operating coal mine in Queensland. AFE has also acquired ownership of the mine development lease for a 270 million ton resource near Pentland, QLD announced in April 2017. Coal resources, along with local renewable resources, will be used in combination to fuel the AFE projects. AFE continues to actively develop its first projects that will utilize SES’s efficient and low-cost clean syngas production technology. This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those risks, trends and uncertainties are the ability of our project with Yima to produce earnings and pay dividends; our ability to develop and expand business of the TSEC joint venture in the joint venture territory; our ability to develop our power business unit and our other business verticals, including DRI steel, through our marketing arrangement with Midrex Technologies, and renewables; our ability to successfully develop the SES licensing business; the ability of the ZZ Joint Venture to retire existing facilities and equipment and build another SGT facility; the ability of Batchfire and AFE management to successfully grow and develop their Australian assets and operations, including Callide and Pentland; the economic conditions of countries where we are operating; events or circumstances which result in an impairment of our assets; our ability to reduce operating costs; our ability to make distributions and repatriate earnings from our Chinese operations; our ability to successfully commercialize our technology at a larger scale and higher pressures; commodity prices, including in particular natural gas, crude oil, methanol and power, the availability and terms of financing; our customers’ and/or our ability to obtain the necessary approvals and permits for future projects, our ability to raise additional capital, if any, our ability to estimate the sufficiency of existing capital resources; the sufficiency of internal controls and procedures; and our results of operations in countries outside of the U.S., where we are continuing to pursue and develop projects. Although SES believes that in making such forward-looking statements our expectations are based upon reasonable assumptions, such statements may be influenced by factors that could cause actual outcomes and results to be materially different from those projected by us. SES cannot assure you that the assumptions upon which these statements are based will prove to have been correct.

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