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News Article | April 17, 2017
Site: www.prweb.com

Author Jeffrey L. Gross’ “Waipi’o Valley: A Polynesian Journey from Eden to Eden” (published by Xlibris) is packed with information and knowledge. It describes the amazing journey of the Polynesians, the, “Nomads of the sea,” across a third of the circumference of the earth. Many voyages covering thousands of miles across the world’s largest ocean in double-hull canoes constructed from hollowed-out logs and built with Stone Age technology—tools of stone, bone and shell and navigating by the stars of the night sky. Now a new marketing campaign is set to be launched for this groundbreaking book. “Waipi’o Valley” will embark readers on an amazing journey from Kalana i Hau’ola, the biblical Garden of Eden located in Sumer, Mesopotamia, along the shore of the Persian Gulf, to the Indus River Valley of ancient Vedic India, to Egypt where some of the ancestors of the Polynesians were on the Israelite Exodus, through Island Southeast Asia and across the vast Pacific Ocean where the Polynesians resided on numerous tropical island paradises such as Ra’iatea Island, Tahiti, home of the Taputapuatea Marae, the most holy temple in Polynesia before reaching Hawai’i Island and Waipi’o Valley; the last Polynesian Garden of Eden. Due to their isolation on the islands of the Pacific Ocean, Polynesian religious and cultural beliefs preserved elements from mankind’s past nearer the beginning of human history. Polynesian mythology includes genealogical records of their divine ancestors extending back to Kahiki, the land of their origin; epic tales of gods and heroes preserving records of their ancient voyages, oral chants such as the Kumulipo containing evolutionary creation theories reflecting modern scientific thought, and the belief in a Supreme Creator God. “Waipi’o Valley” is a clear historical account that follows the story of the Polynesians on their amazing journey through time and space from their ancient origins to their discovery by western civilization. Those interested in mankind’s ancient past and in Polynesian history will find this book a source of valuable information as it provides enlightenment about these significant voyages, where they can learn more about the Polynesian way of life, beliefs and influence to the modern world. “Waipi’o Valley: A Polynesian Journey from Eden to Eden” By Jeffrey L. Gross Hardcover | 6 x 9in | 626 pages | ISBN 9781479798452 Softcover | 6 x 9in | 626 pages | ISBN 9781479798445 E-Book | 626 pages | ISBN 9781479798469 Available at Amazon and Barnes & Noble About the Author Jeffrey L. Gross is an architect living in the State of Hawaii. Born in Washington, D.C., he graduated from Washington University in St. Louis, Missouri., and first lived in the Hawaiian Islands during the late 1970s and early 1980s, when he became interested in Polynesian history and traditional culture that led to the research for this book. Xlibris Publishing, an Author Solutions, LLC imprint, is a self-publishing services provider created in 1997 by authors, for authors. By focusing on the needs of creative writers and artists and adopting the latest print-on-demand publishing technology and strategies, we provide expert publishing services with direct and personal access to quality publication in hardcover, trade paperback, custom leather-bound and full-color formats. To date, Xlibris has helped to publish more than 60,000 titles. For more information, visit xlibris.com or call 1-888-795-4274 to receive a free publishing guide. Follow us @XlibrisPub on Twitter for the latest news.


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

Jeffrey L. Gross' realization of the ancient origins of the Polynesians and their historic ocean voyages which is perhaps the most amazing migration in human history became his inspiration for writing “Waipi’o Valley: A Polynesian Journey from Eden to Eden VOLUME 1” (published by Xlibris). This book recounts the remarkable migrations of the Polynesians across a third of the circumference of the earth. The Polynesian’s amazing journey began from Kalana i Hau’ola, the biblical “Garden of Eden” located along the shore of the Persian Gulf, extended to the Indus River Valley of ancient Vedic India, to Egypt where some ancestors of the Polynesians were on the Israelite Exodus, through Island Southeast Asia and across the Pacific Ocean. They voyaged thousands of miles in double-hull canoes constructed from hollowed-out logs, built with Stone Age tools and navigated by the stars of the night sky. The Polynesians resided on numerous tropical islands before reaching Waipi’o Valley, the last Polynesian “Garden of Eden.” "There are no other books about Polynesia like it,” Gross says. “Polynesian cultural and religious beliefs retain elements from mankind’s vanishing cultural past. Polynesians have complex societies from their extensive interaction and cultural diffusion from ancient civilizations they encountered on their migrations from Sumer, Mesopotamia, the Indus River Valley of ancient India, Egypt and Island Southeast Asia.” Through the publication of this book, Gross hopes readers will appreciate the connection between ancient cultures and beliefs and those of the modern world. About the Author Jeffrey L. Gross is an architect living in the State of Hawaii. Born in Washington, D.C., he graduated from Washington University in St. Louis, Missouri, and first lived in the Hawaiian Islands during the late ‘70s and early ‘80s. Xlibris Publishing, an Author Solutions, LLC imprint, is a self-publishing services provider created in 1997 by authors, for authors. By focusing on the needs of creative writers and artists and adopting the latest print-on-demand publishing technology and strategies, we provide expert publishing services with direct and personal access to quality publication in hardcover, trade paperback, custom leather-bound and full-color formats. To date, Xlibris has helped to publish more than 60,000 titles. For more information, visit xlibris.com or call 1-888-795-4274 to receive a free publishing guide. Follow us @XlibrisPub on Twitter for the latest news.


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

HEI and Hawaiian Electric Company, Inc. (Hawaiian Electric) intend to continue to use HEI's website, www.hei.com, as a means of disclosing additional information.  Such disclosures will be included on HEI's website in the Investor Relations section.  Accordingly, investors should routinely monitor such portions of HEI's website, in addition to following HEI's, Hawaiian Electric's and American Savings Bank's press releases, HEI's and Hawaiian Electric's Securities and Exchange Commission (SEC) filings and HEI's public conference calls and webcasts.  The information on HEI's website is not incorporated by reference in this document or in HEI's and Hawaiian Electric's SEC filings unless, and only to the extent, specifically incorporated by reference.  Investors may also wish to refer to the Public Utilities Commission of the State of Hawaii (PUC) website at in order to review documents filed with and issued by the PUC.  No information on the PUC website is incorporated by reference in this document or in HEI's and Hawaiian Electric's SEC filings. HEI supplies power to approximately 95% of Hawaii's population through its electric utilities, Hawaiian Electric Company, Inc., Hawaii Electric Light Company, Inc. and Maui Electric Company, Limited and provides a wide array of banking and other financial services to consumers and businesses through American Savings Bank, F.S.B., one of Hawaii's largest financial institutions. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/hei-maintains-quarterly-dividend-of-031-per-share-300451204.html


News Article | April 28, 2017
Site: www.prnewswire.com

First quarter of 2017 net income of $15.8 million was $3.1 million higher than the first quarter of 2016 and $0.4 million lower than the fourth (linked) quarter of 2016. Compared to the first quarter of 2016, the $3.1 million increase was primarily driven by $3 million (after-tax) higher net interest income mainly due to growth in the commercial real estate and consumer loan portfolios as well as the deployment of strong deposit growth into our investment portfolio. Compared to the linked fourth quarter of 2016, the $0.4 million decrease was primarily driven by the following on an after-tax basis: These increases were offset by the following on an after-tax basis: Net interest income (pretax) was $54.8 million in the first quarter of 2017, compared to $53.0 million in the linked quarter and $50.4 million in the prior year quarter.  Net interest margin was 3.68% in the first quarter of 2017 compared to 3.59% in the linked quarter and 3.62% in the first quarter of 2016.  The higher net interest margin was primarily attributable to higher yields on interest-earning assets. The provision for loan losses (pretax) was $3.9 million in the first quarter of 2017 compared to $1.5 million in the linked quarter and $4.8 million in the first quarter of 2016.  As previously mentioned, the increase from the linked quarter was primarily due to reserves for a commercial real estate relationship.  The first quarter of 2017 net charge-off ratio was 0.29%, compared to 0.40% in the linked quarter and 0.21% in the prior year quarter.  The fourth quarter of 2016 net charge-off ratio included charge-offs of specific commercial credits that had been previously individually reserved.  Nonaccrual loans as a percent of total loans receivable held for investment dropped to 0.41% compared to 0.49% in the linked quarter and 1.01% in the prior year quarter. Noninterest income (pretax) was $15.1 million in the first quarter of 2017 compared to $16.5 million in the linked quarter and $15.4 million in the prior year quarter, primarily attributable to the decline in mortgage banking activity. Noninterest expense (pretax) was $41.9 million compared to $43.1 million in the linked quarter and $41.4 million in the first quarter of 2016. Total loans were $4.7 billion at March 31, 2017 and included growth in the residential and consumer loan portfolio during the first quarter of 2017.  The reduction in our exposure to national credits, a loan payoff connected with a completed construction project, and the resolution and payoff of a prior nonperforming commercial loan contributed to the 1.2% annualized decline in our loan portfolio in the first quarter of 2017. Total deposits were $5.7 billion at March 31, 2017, an increase of $126 million or 9.1% annualized increase from December 31, 2016.  Low-cost core deposits increased $140 million or 11.4% annualized increase from December 31, 2016.  The average cost of funds was 0.20% for the first quarter of 2017 compared to 0.22% for the fourth quarter of 2016 and 0.23% for the first quarter of 2016. American's return on average equity was 10.8% for the first quarter of 2017 compared to 11.1% in the linked quarter and 8.9% in the first quarter of 2016.  Return on average assets was 0.98% for the first quarter of 2017, compared to 1.02% in the linked quarter and 0.84% in the same quarter last year.  American's solid results enabled it to pay dividends of $9.4 million to HEI while maintaining healthy capital levels -- leverage ratio of 8.5% and total capital ratio of 13.6% at March 31, 2017. HEI EARNINGS RELEASE, HEI WEBCAST AND CONFERENCE CALL TO DISCUSS EARNINGS AND 2017 EPS GUIDANCE Concurrent with American's regulatory filing 30 days after the end of the quarter, American announced its first quarter 2017 financial results today.  Please note that these reported results relate only to American and are not necessarily indicative of HEI's consolidated financial results for the first quarter of 2017. HEI plans to announce its first quarter 2017 consolidated financial results on Friday, May 5, 2017 and will conduct a webcast and conference call to discuss its consolidated earnings, including American's earnings, and 2017 EPS guidance on Friday, May 5, 2017, at 8:00 a.m. Hawaii time (2:00 p.m. Eastern time). Interested parties within the United States may listen to the conference by calling (844) 834-0652 and international parties may listen to the conference by calling (412) 317-5198.  Parties may also listen to the conference by accessing the webcast on HEI's website at www.hei.com under the heading "Investor Relations."  HEI and Hawaiian Electric Company, Inc. (Hawaiian Electric) intend to continue to use HEI's website as a means of disclosing additional information.  Such disclosures will be included on HEI's website in the Investor Relations section.  Accordingly, investors should routinely monitor such portions of HEI's website, in addition to following HEI's, Hawaiian Electric's and American's press releases, HEI's and Hawaiian Electric's Securities and Exchange Commission (SEC) filings and HEI's public conference calls and webcasts.  The information on HEI's website is not incorporated by reference in this document or in HEI's and Hawaiian Electric's SEC filings unless, and except to the extent, specifically incorporated by reference.  Investors may also wish to refer to the Public Utilities Commission of the State of Hawaii (PUC) website at dms.puc.hawaii.gov/dms in order to review documents filed with and issued by the PUC.  No information on the PUC website is incorporated by reference in this document or in HEI's and Hawaiian Electric's SEC filings. An on-line replay of the May 5, 2017 webcast will be available on HEI's website beginning about two hours after the event.  Replays of the conference call will also be available approximately two hours after the event through May 19, 2017 by dialing (877) 344-7529 or (412) 317-0088 and entering passcode:  10104146. HEI supplies power to approximately 95% of Hawaii's population through its electric utilities, Hawaiian Electric, Hawaii Electric Light Company, Inc. and Maui Electric Company, Limited and provides a wide array of banking and other financial services to consumers and businesses through American, one of Hawaii's largest financial institutions. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/american-savings-bank-reports-first-quarter-2017-earnings-300448339.html


News Article | May 5, 2017
Site: www.prnewswire.com

Hawaiian Electric Industries, Inc. (HEI) (NYSE - HE) today reported consolidated net income for common stock for the first quarter of 2017 of $34.2 million and diluted earnings per share (EPS) of $0.31 compared to $32.4 million and EPS of $0.30 for the first quarter of 2016.  Core earnings1 were $34.2 million and core EPS1 of $0.31 in the first quarter of 2017 compared to $35.3 million and $0.33, respectively, in the first quarter of 2016. "Our utilities continue to be leaders in the transformation to clean energy and we're making significant upgrades to our grids to make them more resilient, reliable and renewable-ready.  At American Savings Bank, we continue to deliver solid year over year earnings growth and strong first quarter annualized deposit growth of 9.1% while maintaining healthy capital levels," said Constance H. Lau, HEI president and chief executive officer. Hawaiian Electric Company's2 net income for the first quarter of 2017 was $21.5 million compared to $25.4 million in the first quarter of 2016.  Core earnings were $21.5 million and $26.7 million in the first quarters of 2017 and 2016, respectively.  The $5.3 million core net income decrease from the prior year quarter was primarily driven by the following after-tax items: _________________ Note:  Amounts indicated as "after-tax" in this earnings release are based upon adjusting items for the composite statutory tax rates of 39% for the utilities and 40% for the bank. 1  Non-GAAP measure that excludes income and costs after-tax related to the terminated merger with NextEra Energy, Inc., the cancelled spin-off of ASB Hawaii, Inc., and the termination of the liquefied natural gas (LNG) contract which required PUC approval of the merger with NextEra Energy, Inc. (the "Transaction Adjustments").  See the "Explanation of HEI's Use of Certain Unaudited Non-GAAP measures" and the related reconciliation. 2    Hawaiian Electric Company, unless otherwise defined, refers to the three utilities, Hawaiian Electric Company, Inc. on Oahu, Maui Electric Company, Limited, and Hawaii Electric Light Company, Inc. These items were partially offset by $1 million (after-tax) lower operations and maintenance expenses5 compared to the prior year quarter which included power supply improvement plan consulting expenses of $2 million (after-tax).  The first quarter of 2017 also included additional reserves for environmental costs of $1 million (after-tax). American Savings Bank's (American) net income for the first quarter of 2017 was $15.8 million compared to $16.2 million in the fourth (or linked) quarter of 2016 and $12.7 million in the first quarter of 2016. Compared to the first quarter of 2016, the $3.1 million increase was primarily driven by $3 million (after-tax) higher net interest income mainly due to growth in the commercial real estate and consumer loan portfolios as well as the deployment of strong deposit growth into our investment portfolio. _________________ 3   Net revenues represent the after-tax impact of "Revenues" less the following expenses which are largely pass through items in revenues: "fuel oil," "purchased power" and "taxes, other than income taxes" as shown on the Hawaiian Electric Company, Inc. and Subsidiaries' Condensed Consolidated Statements of Income. 4   With the expiration of the 2013 settlement agreement with the Consumer Advocate that was approved by the PUC, in 2017 the Oahu rate adjustment mechanism (RAM) revenues revert to being recorded for accounting purposes from a calendar year recognition period to a period beginning on June 1 of each year through May 31 of the subsequent year.  The periods in which the cash reflecting RAM revenues is collected did not change as a result of the settlement agreement and have always been aligned to the June 1 to May 31 periods. Therefore, the expiration of the 2013 settlement agreement will have no impact on Hawaiian Electric Company cash collections. 5   Excludes net income neutral expenses covered by surcharges or by third parties and merger-related costs including the terminated LNG contract costs.  See the "Explanation of HEI's Use of Certain Unaudited Non-GAAP measures" and the related reconciliation. Compared to the linked fourth quarter of 2016, the $0.4 million decrease was primarily driven by the following on an after-tax basis: These increases were offset by the following on an after-tax basis: Total loans were $4.7 billion at March 31, 2017, and included growth in the residential and consumer loan portfolio during the first quarter of 2017.  The reduction in our exposure to national credits, a loan payoff connected with a completed construction project, and the resolution and payoff of a prior nonperforming commercial loan contributed to the 1.2% annualized decline in our loan portfolio in the first quarter of 2017. Total deposits were $5.7 billion at March 31, 2017, an increase of $126 million or 9.1% annualized increase from December 31, 2016.  Low-cost core deposits increased $140 million or 11.4% annualized increase from December 31, 2016.  The average cost of funds was 0.20% for the first quarter of 2017 compared to 0.22% for the fourth quarter of 2016 and 0.23% for the first quarter of 2016. Overall, American achieved solid profitability in the first quarter of 2017 with a return on average equity of 10.8% and a return on average assets of 0.98%. For additional information, refer to the American news release issued on April 28, 2017. The holding and other companies' net losses were $3.1 million in the first quarter of 2017 compared to the $5.7 million net loss in the first quarter of 2016.  Excluding the Transaction Adjustments which totaled $1.5 million in the first quarter of 2016, holding and other companies' net losses were $3.1 million and $4.2 million in the first quarters of 2017 and 2016, respectively.  The lower net loss was primarily driven by tax benefits in the first quarter of 2017 related to the adoption of an accounting standard update on share-based compensation. WEBCAST AND CONFERENCE CALL TO DISCUSS EARNINGS AND EPS GUIDANCE HEI will conduct a webcast and conference call to review its first quarter of 2017 earnings and 2017 EPS guidance on Friday, May 5, 2017, at 8:00 a.m. Hawaii time (2:00 p.m. Eastern time). Interested parties within the United States may listen to the conference by calling (844) 834-0652 and international parties may listen to the conference by calling (412) 317-5198 or by accessing the webcast on HEI's website, www.hei.com under the heading "Investor Relations."  HEI and Hawaiian Electric Company intend to continue to use HEI's website as a means of disclosing additional information.  Such disclosures will be included on HEI's website in the Investor Relations section.  Accordingly, investors should routinely monitor such portions of HEI's website, in addition to following HEI's, Hawaiian Electric Company's and American's press releases, HEI's and Hawaiian Electric Company's Securities and Exchange Commission (SEC) filings and HEI's public conference calls and webcasts. The information on HEI's website is not incorporated by reference in this document or in HEI's and Hawaiian Electric Company's SEC filings unless, and except to the extent, specifically incorporated by reference. Investors may also wish to refer to the Public Utilities Commission of the State of Hawaii (PUC) website at in order to review documents filed with and issued by the PUC. No information on the PUC website is incorporated by reference in this document or in HEI's and Hawaiian Electric Company's SEC filings. An online replay of the webcast will be available at the same website beginning about two hours after the event. Replays of the conference call will also be available approximately two hours after the event through May 19, 2017, by dialing (877) 344-7529 or (412) 317-0088 and entering passcode: 10104146. HEI supplies power to approximately 95% of Hawaii's population through its electric utilities, Hawaiian Electric Company, Inc., Hawaii Electric Light Company, Inc. and Maui Electric Company, Limited and provides a wide array of banking and other financial services to consumers and businesses through American Savings Bank, F.S.B., one of Hawaii's largest financial institutions. See "Explanation of HEI's Use of Certain Unaudited Non-GAAP Measures" and related reconciliations on pages 12 to 13 of this release. This release may contain "forward-looking statements," which include statements that are predictive in nature, depend upon or refer to future events or conditions, and usually include words such as "will," "expects," "anticipates," "intends," "plans," "believes," "predicts," "estimates" or similar expressions. In addition, any statements concerning future financial performance, ongoing business strategies or prospects or possible future actions are also forward-looking statements. Forward-looking statements are based on current expectations and projections about future events and are subject to risks, uncertainties and the accuracy of assumptions concerning HEI and its subsidiaries, the performance of the industries in which they do business and economic and market factors, among other things. These forward-looking statements are not guarantees of future performance. Forward-looking statements in this release should be read in conjunction with the "Cautionary Note Regarding Forward-Looking Statements" and "Risk Factors" discussions (which are incorporated by reference herein) set forth in HEI's Annual Report on Form 10-K for the year ended December 31, 2016 and HEI's future periodic reports that discuss important factors that could cause HEI's results to differ materially from those anticipated in such statements. These forward-looking statements speak only as of the date of the report, presentation or filing in which they are made. Except to the extent required by the federal securities laws, HEI, Hawaiian Electric Company, American and their subsidiaries undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. EXPLANATION OF HEI'S USE OF CERTAIN UNAUDITED NON-GAAP MEASURES HEI and Hawaiian Electric Company management use certain non-GAAP measures to evaluate the performance of HEI and the utility.  Management believes these non-GAAP measures provide useful information and are a better indicator of the companies' core operating activities given the non-recurring nature of these items.  Core earnings and other financial measures as presented here may not be comparable to similarly titled measures used by other companies.  The accompanying tables provide a reconciliation of reported GAAP1 earnings to non-GAAP core earnings and the adjusted return on average common equity (ROACE) for HEI and the utility. The reconciling adjustments from GAAP earnings to core earnings are limited to income, costs and associated taxes related to the terminated merger between HEI and NextEra Energy, Inc., the cancelled spin-off of ASB Hawaii, Inc., and the termination of the liquefied natural gas (LNG) contract which required the Hawaii Public Utilities Commission approval of the merger with NextEra Energy, Inc.  For more information on the transactions, see HEI's Form 8-K filed on July 18, 2016 and HEI's Form 8-K filed on July 19, 2016.  Management does not consider these items to be representative of the company's fundamental core earnings. The accompanying table also provides the calculation of utility GAAP O&M adjusted for costs related to the terminated merger discussed above. "O&M-related net income neutral items" which are O&M expenses covered by specific surcharges or by third parties have also been excluded.  These "O&M-related net income neutral items" are grossed-up in revenue and expense and do not impact net income. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/hei-reports-first-quarter-2017-earnings-300452132.html


Parties within the United States may listen to the conference by calling (844) 834-0652.  International parties may listen to the conference by calling (412) 317-5198.  Parties may also listen to the conference by accessing the webcast on HEI's website at www.hei.com under the heading "Investor Relations."  HEI and Hawaiian Electric Company, Inc. (Hawaiian Electric) intend to continue to use HEI's website, www.hei.com, as a means of disclosing additional information.  Such disclosures will be included on HEI's website in the Investor Relations section.  Accordingly, investors should routinely monitor such portions of HEI's website, in addition to following HEI's, Hawaiian Electric's and American's press releases, HEI's and Hawaiian Electric's SEC filings and HEI's public conference calls and webcasts.  Also, at the Investor Relations section of HEI's website, investors may sign up to receive e-mail alerts (based on each investor's selected preferences).  The information on HEI's website is not incorporated by reference into this document or into HEI's and Hawaiian Electric's SEC filings unless, and except to the extent, specifically incorporated by reference.  Investors may also wish to refer to the Public Utilities Commission of the State of Hawaii (PUC) website at in order to review documents filed with and issued by the PUC.  No information on the PUC website is incorporated by reference into this document or in HEI's and Hawaiian Electric's SEC filings. An on-line replay of the May 5, 2017 webcast will be available on HEI's website beginning about two hours after the event.  Audio replays of the teleconference will also be available approximately two hours after the event through May 19, 2017, by dialing (877) 344-7529 or (412) 317-0088 and entering passcode: 10104146. HEI supplies power to approximately 95% of Hawaii's population through its electric utilities, Hawaiian Electric, Hawaii Electric Light Company, Inc. and Maui Electric Company, Limited and provides a wide array of banking and other financial services to consumers and businesses through American, one of Hawaii's largest financial institutions. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/hawaiian-electric-industries-inc-to-announce-first-quarter-2017-financial-results-on-may-5-2017-american-savings-bank-to-announce-first-quarter-financial-results-on-april-28-2017-300443165.html


News Article | November 22, 2016
Site: www.prweb.com

CanAm Enterprises LLC (“CanAm”) is pleased to announce that its 30th EB-5 Partnership Loan from the PIDC Regional Center has repaid on November 22nd, 2016. This marks the milestone of 1,423 investor-families fully repaid, further establishing CanAm as one of the leading sponsors of EB-5 investments. The $45 million EB-5 loan helped finance the redevelopment of a former historic building to a boutique hotel located across the square of the Independent Bell of Philadelphia. An estimate of 1,387 new, permanent jobs were created as a result of the project’s completion. All of the 90 investors and their families have met the job-creating requirement and received residency status. The EB-5 Immigrant Investor Program(“EB-5”) is administered by the United States Citizenship and Immigration Services (USCIS). The Program provides qualified foreign investors with the opportunity to earn “conditional” or temporary two-year visas in return for investing $500,000 in businesses located in high unemployment areas that create or retain at least ten permanent full-time jobs for U.S. workers. In 2003, New York-based CanAm Enterprises partnered with the Philadelphia’s PIDC to create the PIDC Regional Center, which has become one of the most successful EB-5 Regional Centers in the nation. Over the past ten years, PIDC Regional Center has raised $620.5 millions of foreign investment that has helped the economic growth in Philadelphia. CanAm President and CEO Tom Rosenfeld, a Philadelphia native, started this business in Philadelphia following a highly successful similar program in Canada starting in 1987. “In partnership with PIDC, we do exhaustive research to find qualified projects for investment, and we work just as hard to ensure that our borrowers follow the job creation formula required by the EB-5 model,” Rosenfeld said. “We follow the law to the letter. We constantly monitor all of our projects to ensure that the job creation goals are being met, and we work with our investors and the federal government to keep them fully informed about the status of the Regional Center projects.” “The program works,” said PIDC President, John Grady. “It has been invaluable as a resource for investment in Philadelphia projects. The partnership between CanAm and PIDC has succeeded in attracting hundreds of millions of dollars to the city, and we look forward to working together to bring even more investment to Philadelphia in the years to come.” When the CanAm PIDC Regional Center received its designation, it was one of only a handful of active Regional Centers nationwide. Today, there are well over 1,200 designated Regional Centers, and CanAm has also successfully launched Regional Centers in Pennsylvania, Los Angeles, Hawaii, New York, Florida and Texas. “Even as the Program has grown, the CanAm PIDC Regional Center remains one of the pioneers and most enduring success stories. It has been an amazing 13 years, and we are very proud to have been part of some of the most important projects in the Philadelphia region,” added Rosenfeld. PIDC is Philadelphia’s public-private economic development corporation. A non-profit founded in 1958 by the City of Philadelphia and the Greater Philadelphia Chamber of Commerce, PIDC’s mission is to spur investment, support business growth, and foster developments that create jobs, revitalize neighborhoods, and drive growth to every corner of Philadelphia. Over the last 58 years, PIDC has invested nearly $14 billion of financing and more than 3,100 acres of land sales – which has leveraged over $25 billion in total investment and assisted in retaining and creating hundreds of thousands of jobs in Philadelphia. For more information about PIDC, visit http://www.PIDCphila.com and follow us @PIDCphila on Twitter. With three decades of experience promoting immigration-linked investments in the United States and Canada, CanAm has a long and established track record. Based on a reputation of credibility and trust, CanAm has financed more than 53 project loans and raised more than $2.3 billion in EB-5 investments. CanAm exclusively operates seven USCIS-designated Regional Centers that are located in the City of Philadelphia, the Commonwealth of Pennsylvania, the County of Los Angeles, the State of Hawaii, the Metropolitan Region of New York, the State of Florida and the State of Texas. For more information, please visit http://www.canamenterprises.com


News Article | February 22, 2017
Site: www.businesswire.com

SAN JOSE, Calif.--(BUSINESS WIRE)--With more than seven billion mobile devices in the world and cyber-threats at an all-time high, demand has surged for simple and secure ways to sign and manage documents on smartphones and tablets. At the same time, new electronic signature regulations, like eIDAS in the European Union, have paved the way for electronic signatures to be adopted globally. Building on the work of the Cloud Signature Consortium, announced last June, Adobe (Nasdaq:ADBE) today unveiled the first cloud-based digital signatures built on an open standard. Adobe Document Cloud and Adobe Sign will enable digital signatures, the most advanced and secure type of electronic signatures used for things like healthcare forms or mortgage applications, in any browser or on any mobile device. The Adobe Sign preview release will be available to customers in the coming weeks. “Open standards propel entire industries forward, allowing interoperability between otherwise fragmented solutions, and paving the way for widespread adoption,” said Bryan Lamkin, executive vice president and general manager of Digital Media, Adobe. “Adobe pioneered digital signatures. And as the creator and champion of standards like PDF, we are proud to have once again rallied the industry to develop a new, open standard for digital signatures in the cloud, ensuring a great customer experience.” In addition, Adobe today unveiled new functionality in Adobe Sign that enables users to create end-to-end business workflows that go beyond signing and approvals. Adobe Sign now streamlines the flow of documents and tasks across entire teams with solutions that are mobile, customizable and easy-to-use. And, Adobe Sign works where you do, integrating with the systems, processes and applications you already use today. Now anyone can quickly and easily convert paper to digital with a smartphone ‘scan’, route documents for collaboration or certified electronic delivery, and connect into popular systems like Microsoft SharePoint. New Capabilities That Streamline Document Processes Across Teams: “With so many of today’s critical business processes moving to cloud based solutions, it’s imperative that people trust the information they are interacting with,” said Alan Lepofsky, VP and principal analyst at Constellation Research. “Digital signatures play a vital role in that trust, but for them to be successful they must be a frictionless part of the process. Building signatures on an open standard that works across browsers and mobile devices creates the seamless experience that people expect.” Adobe Sign lets you work with the world’s most trusted digital IDs today, enabling desktop signing with over 200 providers from the European Union Trust List (EUTL) and Adobe Approved Trust List (AATL). Thanks to the newly-released open standard specification built in collaboration with the Cloud Signature Consortium, customers and partners can see mobile and web signing in action with the Adobe Sign preview release, expected in the coming weeks. Cloud Signature-compliant digital ID solutions will be available from the following providers over the coming months: Asseco Data Systems, Certinomis (a subsidiary of La Poste Group), D-Trust (a subsidiary of Bundesdruckerei), InfoCert, Intarsys, Intesi Group and Universign. Adobe customers can contact their customer support manager to join the product preview. Service providers can learn more about the Adobe Cloud Signature Partner Program here. At the heart of Adobe Document Cloud is Adobe Acrobat DC, the world’s best PDF solution; Adobe Sign, the leading e-signature solution that allows anyone to electronically sign and send documents from any device; and powerful companion mobile apps. More than six billion digital and electronic signature transactions are processed through Document Cloud each year, including global businesses like Academy of Art, AmerisourceBergen, Deloitte, Diners Club, JLL, Mastercard, The Royal Bank of Scotland, the State of Hawaii and Verizon. With data centers in the U.S., UK, Germany, Japan and Australia, organizations around the world rely on Document Cloud and Adobe Sign for fast, secure and mobile e-signatures from anywhere. Adobe is changing the world through digital experiences. For more information, visit www.adobe.com. © 2017 Adobe Systems Incorporated. All rights reserved. Adobe and the Adobe logo are either registered trademarks or trademarks of Adobe Systems Incorporated in the United States and/or other countries. All other trademarks are the property of their respective owners.


News Article | March 2, 2017
Site: www.prweb.com

Jeffrey L. Gross first lived in the Hawaiian Islands during the late ‘70s and early ‘80s, when he became interested in Polynesian history and traditional culture that led to the research for his book titled “Waipi’o Valley: A Polynesian Journey from Eden to Eden VOLUME 1” (published by Xlibris). His realization of the ancient origins of the Polynesians and their historic ocean voyages which is perhaps the most amazing migration in human history became his inspiration for writing this book. This book recounts the remarkable migrations of the Polynesians across a third of the circumference of the earth. Their amazing journey began from Kalana i Hau’ola, the biblical “Garden of Eden” located along the shore of the Persian Gulf, extended to the Indus River Valley of ancient Vedic India, to Egypt where some ancestors of the Polynesians were on the Israelite Exodus, through Island Southeast Asia and across the Pacific Ocean. They voyaged thousands of miles in double-hull canoes constructed from hollowed-out logs, built with Stone Age tools and navigated by the stars of the night sky. The Polynesians resided on numerous tropical islands before reaching Waipi’o Valley, the last Polynesian “Garden of Eden.” There are no other books about Polynesia like it,” Gross says. “Polynesian cultural and religious beliefs retain elements from mankind’s vanishing cultural past. Polynesians have complex societies from their extensive interaction and cultural diffusion from ancient civilizations they encountered on their migrations from Sumer, Mesopotamia, the Indus River Valley of ancient India, Egypt and Island Southeast Asia.” Through the publication of this book, Gross hopes readers will appreciate the connection between ancient cultures and beliefs and those of the modern world. About the Author Jeffrey L. Gross is an architect living in the State of Hawaii. Born in Washington, D.C., he graduated from Washington University in St. Louis, Missouri, and first lived in the Hawaiian Islands during the late ‘70s and early ‘80s. Xlibris Publishing, an Author Solutions, LLC imprint, is a self-publishing services provider created in 1997 by authors, for authors. By focusing on the needs of creative writers and artists and adopting the latest print-on-demand publishing technology and strategies, we provide expert publishing services with direct and personal access to quality publication in hardcover, trade paperback, custom leather-bound and full-color formats. To date, Xlibris has helped to publish more than 60,000 titles. For more information, visit xlibris.com or call 1-888-795-4274 to receive a free publishing guide. Follow us @XlibrisPub on Twitter for the latest news.


News Article | March 2, 2017
Site: www.prweb.com

Jeffrey L. Gross realization of the ancient origins of the Polynesians and their historic ocean voyages which is perhaps the most amazing migration in human history became his inspiration for writing “Waipi’o Valley: A Polynesian Journey from Eden to Eden VOLUME 1” (published by Xlibris). This book recounts the remarkable migrations of the Polynesians across a third of the circumference of the earth. The Polynesian’s amazing journey began from Kalana i Hau’ola, the biblical “Garden of Eden” located along the shore of the Persian Gulf, extended to the Indus River Valley of ancient Vedic India, to Egypt where some ancestors of the Polynesians were on the Israelite Exodus, through Island Southeast Asia and across the Pacific Ocean. They voyaged thousands of miles in double-hull canoes constructed from hollowed-out logs, built with Stone Age tools and navigated by the stars of the night sky. The Polynesians resided on numerous tropical islands before reaching Waipi’o Valley, the last Polynesian “Garden of Eden.” There are no other books about Polynesia like it,” Gross says. “Polynesian cultural and religious beliefs retain elements from mankind’s vanishing cultural past. Polynesians have complex societies from their extensive interaction and cultural diffusion from ancient civilizations they encountered on their migrations from Sumer, Mesopotamia, the Indus River Valley of ancient India, Egypt and Island Southeast Asia.” Through the publication of this book, Gross hopes readers will appreciate the connection between ancient cultures and beliefs and those of the modern world. About the Author Jeffrey L. Gross is an architect living in the State of Hawaii. Born in Washington, D.C., he graduated from Washington University in St. Louis, Missouri, and first lived in the Hawaiian Islands during the late ‘70s and early ‘80s. Xlibris Publishing, an Author Solutions, LLC imprint, is a self-publishing services provider created in 1997 by authors, for authors. By focusing on the needs of creative writers and artists and adopting the latest print-on-demand publishing technology and strategies, we provide expert publishing services with direct and personal access to quality publication in hardcover, trade paperback, custom leather-bound and full-color formats. To date, Xlibris has helped to publish more than 60,000 titles. For more information, visit xlibris.com or call 1-888-795-4274 to receive a free publishing guide. Follow us @XlibrisPub on Twitter for the latest news.

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