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News Article | May 15, 2017
Site: www.prlog.org

• 6th Facility in Tamil Nadu Zone and 27th Automall in South India • 150+ used vehicles available for Display • 250+ Registrations -- Shriram Automall India Limited (SAMIL), India's most trusted service provider for exchange of used vehicles & equipment, inaugurated its first facility in Hosur,6in Tamil Nadu Zone & 27in South India.SAMIL, an ISO 9001:2008 certified company with AA+ rating from CRISIL, strategically located its 68Automall facility in the industrial area which is near Andhra Pradesh & Karnataka State border and expands through Big Vegetable Market Hub. The 68Automall spreads over a sprawling area of 4 acres of land and will satisfy the demand in the area for vehicles primarily the LCV, HGV & SGV.Hosur Automall is an extension of the company's automall facility which will provide complete access to customers in Chennai, Salem, Bangalore, Vellore and Krishnagiri thus fulfilling their pre-owned vehicle requirements in an organized manner."As a part of our expansion plan to inaugurate 75 well structured Automalls by 2017, we launch the Hosur Automall today which is the 68facility of the company. With favorable demand of used vehicles and equipment across the country, I am absolutely certain & confident that 2017 will be a year of great pride for us. We will work together, determined to keep the faith in the company intact with unwavering focus on goals we have together set," said Mr. Sameer Malhotra, CEO Shriram Automall.During the inauguration ceremony, a live bidding event was also held at the Hosur Automall where over 150+ used vehicles & construction equipment were displayed on the ramp for the customers to bid on. In addition to the event, health checkup camp was organized where professional doctors conducted the eye test free of cost for our customers. Also, to enhance the career, scholarship cheques were distributed to 20 deserving students so that they can shape their life in a better and successful way.Additionally SAMIL also launched its quarterly newsletter 'Connect' at the event which gives first hand information to the customers about the company's latest Development, Inaugurations, Awards Won and Policies etc.CHENNAI  TRINULVELLI  TRICHY  MADURAI  COIMBATOREShriram Automall Hosur, Attibele-Rayakottai Road, SBM Colony, Anthivadi, Hosur, Tamil Nadu- 635109Veerendra Kumar - 8754436200SAMIL is one-of-its kind facility, is a wholly owned subsidiary of Shriram Transport Finance Company (STFC). It is India's first-ever service provider that offers various well organized and transparent bidding platforms, including physical, online, one stop classified and negotiated deals, for acquisition & disposal of pre-owned commercial vehicles, construction & industrial equipment, tractors & agricultural equipment, passenger vehicles, three wheelers and two wheelers. Company has its presence all over the country with its already established 67 Automalls and 150+ bidding locations. The company has been awarded ISO 9001:2008 certification for its Quality Management System and rated AA+ from CRISIL.Ms. Jyoti Jain (NH-Marketing of SAMIL)SHRIRAM AUTOMALL INDIA LIMITEDFloor, Best Sky Tower,Netaji Subhash Place, Pitampura, Delhi-110034Tel: 011-41414444, Fax: 011-42414444E-Mail: contact@samil.inWebsite: www.samil.in


News Article | May 8, 2017
Site: www.prweb.com

Nemesis Bioscience today announced the successful completion of its latest funding round, bringing total seed funds raised to more than £700,000, and the commencement of its preclinical programmes. The round was led by The Rainbow Seed Fund who co-invested alongside Finance Wales and Dr Mark McCamish. Proceeds will be used by the company to validate its suite of Bacterial Cybergenetics technologies in vivo. These include Nemesis Symbiotics for applications including the reversal of antibiotic resistance and Transmids for their clinical, veterinary and industrial delivery. Nemesis believes that attempts to develop new antibiotics to kill bacteria are only short-term solutions and are doomed as natural selection pressure will result in selection for resistance. Instead, the company believes the answer to the problem of anti-microbial resistance (AMR) is to switch off resistance mechanisms. Nemesis’ agents do not kill bacteria directly. They resurrect antibiotic susceptibility – eliminating the threat of ‘super bugs’ and ensuring current antibiotics retain efficacy over the long-term. The Nemesis approach has also been proven to be effective in stopping horizontal resistance-gene transfer in bacteria, offering the potential, via probiotic administration, for both prevention of infection with AMR bacteria and clearing resistance genes from the microbiome. Nemesis Cybergenetics© technologies use modified, multiplexed programmable RNA-guided endonucleases – the first of which has been proven to inactivate resistance to beta-lactam antibiotics by targeting  8 families of beta-lactamases including extended spectrum beta-lactamases (ESBL), carbapenemases, and metallo-beta-lactamases. Rainbow’s Investment Director, Oliver Sexton said, “Nemesis has world-leading technology. Its platform has been shown to return vulnerability to antibiotics in clinical isolates. With this funding, Nemesis can take the programme closer to the clinic and revolutionise the race to beat antibiotic resistance.” Phil Barnes who led the investment for Finance Wales said: “Nemesis is an exciting portfolio company that has benefited from both Finance Wales’ technology seed funding and follow-on investment from our main technology venture funds. Having a high calibre co-investor such as the Rainbow Seed Fund brings great sector experience and additional development capital to the company.” Commenting on the funding, Nemesis CEO Dr Frank Massam thanked the syndicate and said he was, “looking forward to completing our early in vivo programmes, which we are confident will demonstrate the clinical potential of our technologies to contribute to the management of the global antimicrobial resistance crisis.” Nemesis Bioscience Ltd was founded in March 2014 by Dr Frank Massam, Professor Conrad Lichtenstein and Dr Gi Mikawa. Based in Cambridge and Cardiff, UK, the company has invented, and is developing, pioneering products that will resurrect anti-microbial therapies made ineffective by increasing microbial resistance. Nemesis will impact one of the world’s most significant clinical problems by not only treating antibiotic resistant infections, but also by preventing them in susceptible patients. Large and rapidly growing opportunities exist for the company’s products in the antibiotic, wound care and veterinary medicine markets. For more information please contact Dr. Frank Massam +44 7786 367053 or visit http://www.nemesisbio.com About Rainbow Seed Fund   The Rainbow Seed Fund is an early-stage venture capital fund dedicated to kick-starting technology companies from great science emerging from the National Research & Innovation Campuses. The Fund is backed by nine UK publicly-funded research organisations including STFC, BBSRC, Dstl and NERC and the Department of Business, Energy & Industrial Strategy (BEIS). The Fund, whose portfolio comprises more than 40 companies, holds investments in some of the UK’s most innovative early-stage companies, underpinning the Government's Industrial Strategy. The Fund invests, validates and mentors companies. It has successfully leveraged from the private sector more than 20 times its own investment and created more than 550 high-value technology jobs.   The Rainbow Seed Fund is managed by Midven, an established venture capital firm with a successful track record of investing in small and medium-sized enterprises. For more information, please visit http://www.rainbowseedfund.com. Finance Wales was established by the Welsh Government in 2001 and provides commercial funding to small and medium-sized businesses throughout Wales to enable them to realise their potential for innovation and growth. The company is part of the Finance Wales Group and in 2015-16 the Group invested £63 million through 268 debt-equity investments in growing businesses. The Finance Wales Group, one of the UK’s largest SME investors, has in excess of £1 billion of funds under management across all SME investment fund and the Help to Buy – Wales scheme. The Group has invested more than £500 million through more than 4,079 investments For more information, please contact:


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

COLUMBUS, Ohio--(BUSINESS WIRE)--Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable June 30, 2017, to shareholders of record at the close of business on June 13, 2017. This is the 104th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991. State Auto Financial Corporation, headquartered in Columbus, Ohio, is a super regional property and casualty insurance holding company and is proud to be a Trusted Choice® company partner. STFC stock is traded on the NASDAQ Global Select Market, which represents the top fourth of all NASDAQ listed companies. The insurance subsidiaries of State Auto Financial Corporation are part of the State Auto Group. The State Auto Group markets its insurance products throughout the United States, through independent insurance agencies, which include retail agencies and wholesale brokers. The State Auto Group is rated A- (Excellent) by the A.M. Best Company and includes State Automobile Mutual, State Auto Property & Casualty, State Auto Ohio, State Auto Wisconsin, Milbank, Meridian Security, Patrons Mutual, Rockhill Insurance, Plaza Insurance, American Compensation and Bloomington Compensation. Additional information on State Auto Financial Corporation and the State Auto Insurance Companies can be found online at http://www.StateAuto.com/STFC.


Ever since enthusiasm started growing over the possibility that there could be a ninth major planet orbiting the sun beyond Neptune, astronomers have been busy hunting it. One group is investigating four new moving objects found by members of the public to see if they are potential new solar system discoveries. As exciting as this is, researchers are also making discoveries that question the entire prospect of a ninth planet. One such finding is our discovery of a minor planet in the outer solar system: 2013 SY99. This small, icy world has an orbit so distant that it takes 20,000 years for one long, looping passage. We found SY99 with the Canada-France-Hawaii Telescope as part of the Outer Solar System Origins Survey. SY99’s great distance means it travels very slowly across the sky. Our measurements of its motion show that its orbit is a very stretched ellipse, with the closest approach to the sun at 50 times that between the Earth and the sun (a distance of 50 “astronomical units”). The new minor planet loops even further out than previously discovered dwarf planets such as Sedna and 2013 VP113. The long axis of its orbital ellipse is 730 astronomical units. Our observations with other telescopes show that SY99 is a small, reddish world, some 250 kilometres in diameter, or about the size of Wales in the UK. SY99 is one of only seven known small icy worlds that orbit beyond Neptune at remarkable distances. How these “extreme trans-Neptunian objects” were placed on their orbits is uncertain: their distant paths are isolated in space. Their closest approach to the sun is so far beyond Neptune that they are thought to be “detached” from the strong gravitational influence of the giant planets in our solar system. But at their furthest points, they are still too close to be nudged around by the slow tides of the galaxy itself. It’s been suggested that the extreme trans-Neptunian objects could be clustered in space by the gravitational influence of a “Planet Nine” that orbits much further out than Neptune. This planet’s gravity could lift out and detach their orbits – constantly changing their tilt. But this planet is far from proven. In fact, its existence is based on the orbits of only six objects, which are very faint and hard to discover even with large telescopes. They are therefore prone to odd biases. It’s a bit like looking down into the deep ocean at a school of fish. The fish swimming near the surface are clearly visible. But the ones even only a meter down are fainter and murky, and take quite a lot of peering to be certain. The great bulk of the school, in the depths, is completely invisible. But the fish at the surface and their behaviour betray the existence of a whole school. The biases mean SY99’s discovery can’t prove or disprove the existence of a Planet Nine. However, computer models do show that a Planet Nine would be an unfriendly neighbour to tiny worlds like SY99: its gravitational influence would starkly change its orbit – throwing it from the solar system entirely, or poking it into an orbit so highly inclined and distant that we wouldn’t be able to see it. SY99 would have to be one of an utterly vast throng of small worlds, continuously being sucked in and cast out by the planet. But it turns out that there are other explanations. Our study based on computer modelling, accepted for publication in the Astronomical Journal, hint at the influence of an idea from everyday physics called diffusion. This is a very common type of behaviour in the natural world. Diffusion typically explains the random movement of a substance from a region of higher concentration to one of lower concentration – such as the way perfume drifts across a room. We showed that a related form of diffusion can cause the orbits of minor planets to change from an ellipse that is initially only 730 astronomical units on its long axis to one that is as big as 2,000 astronomical units or bigger – and change it back again. In this process, the size of each orbit would vary by a random amount. When SY99 comes to its closest approach every 20,000 years, Neptune will often be in a different part of its orbit on the opposite side of the solar system. But at encounters where both SY99 and Neptune are close, Neptune’s gravity will subtly nudge SY99, minutely changing its velocity. As SY99 travels out away from the sun, the shape of its next orbit will be different. The long axis of SY99’s ellipse will alter, becoming either larger or smaller, in what physicists call a “random walk”. The orbit change takes place on truly astronomical time scales. It diffuses over the space of tens of millions of years. The long axis of SY99’s ellipse would change by hundreds of astronomical units over the 4.5 billion-year history of the solar system. Several other extreme trans-Neptunian objects with smaller orbits also show diffusion, on a smaller scale. Where one goes, more can follow. It’s entirely plausible that the gradual effects of diffusion act on the tens of millions of tiny worlds orbiting in the near fringe of the Oort cloud (a shell of icy objects at the edge of the solar system). This gentle influence would slowly lead some of them to randomly shift their orbits closer to us, where we see them as extreme trans-Neptunian objects. However, diffusion won’t explain the distant orbit of Sedna, which has its closest point too far out from Neptune for it to change its orbit’s shape. Perhaps Sedna gained its orbit from a passing star, aeons ago. But diffusion could certainly be bringing in extreme trans-Neptunian objects from the inner Oort cloud – without the need for a Planet Nine. To find out for sure, we’ll need to make more discoveries in this most distant region using our largest telescopes. This article was originally published on The Conversation. Read the original article. Michele Bannister receives funding from the STFC, and has previously been funded by Canada's NRC and NSERC.


SWINDON, 27-Feb-2017 — /EuropaWire/ — A new agreement has guaranteed continued access to two world-class telescopes for astronomers in the UK. The future of the William Herschel and Isaac Newton telescopes on La Palma has been secured for the next decade thanks to a new operation agreement between the UK’s Science and Technology Facilities Council (STFC), the Netherlands Organisation for Scientific Research (NWO) and the current owner of the telescopes, Instituto de Astrofísica de Canarias (IAC). STFC and NWO signed the agreement in 2016, and the new arrangement came into effect this week with the final signature from IAC in a ceremony at the headquarters of the Isaac Newton Group of Telescopes (ING) on February 20. Under the 10-year agreement, telescope time will be shared between the three partners, who will each also contribute toward maintenance costs. The STFC will continue to manage the operation of the telescopes through the ING base on La Palma, which has been in charge of the telescopes since their installation in the mid-1990s. Speaking about the new agreement Professor Grahame Blair, STFC’s Director of Programmes said “We are very pleased the UK astronomy research community will continue to be a major partner in the far reaching scientific programme of research taking place at the ING. The next decade will be very exciting for UK astronomers working with the ING and the next-generation facility multi-fibre spectrograph known as WEAVE will offer researchers an unparalleled opportunity to learn more about the origins of the Milky Way.” The agreement ensures the continuation of the successful collaboration of the UK and the Netherlands in the operation of telescopes on La Palma, which dates back to 1981, and the extension of the 14-year partnership with IAC. For the William Herschel Telescope, the partners are finalising the construction of WEAVE, a next-generation facility multi-fibre spectrograph, which will be used to help us understand more about the formation of galaxies and the expansion dynamics of the universe. For the Isaac Newton Telescope, a new high-resolution stabilised spectrograph will allow the detection of Earth-like planets around nearby stars. The Isaac Newton Group of Telescopes (ING) operates three telescopes on the island of La Palma in the Spanish Canary Islands. They are the: The ING is operated under a tripartite arrangement on behalf of the UK, the Nederlanse Organisatie voor Wetenschappelijk (NWO) of the Netherlands and the Instituto de Astrofísica de Canarias (IAC) in Spain. The Director of the ING is Dr Marc Balcells. The ING’s aim is to develop collaboration between astronomers in the UK, the Netherlands and Spain and ensure that, through continual maintenance and development, these telescopes remain at the forefront of world astronomy.


Harwell Campus SWINDON, 27-Feb-2017 — /EuropaWire/ — A major new £100 million investment by the government into the development of an innovative multi-disciplinary science and technology research centre was announced today (Thursday 23 February 2017) by Business Secretary Greg Clark. The new Rosalind Franklin Institute (RFI) – named in honour of the pioneering British scientist whose use of X-rays to study biological structures played a crucial role in the discovery of DNA‘s ‘double helix’ structure by Francis Crick and James Watson – will bring together UK strengths in the physical sciences, engineering and life sciences to create a national centre of excellence in technology development and innovation. The new Rosalind Franklin Institute will have a hub based at the Harwell campus It will bring together UK expertise to develop new technologies that will transform our understanding of disease and speed up the development of new treatments Part of the government’s Industrial Strategy to maintain the UK’s global leadership in science, innovation and research Business Secretary Greg Clark said: The UK has always been a pioneer in the world of science, technology and medical research. It’s this excellence we want to continue to build on and why we made science and research a central part of our Industrial Strategy – strengthening links between research and industry, ensuring more home-grown innovation continues to benefit millions around the world. Named after one of the UK’s leading chemists, the new Rosalind Franklin Institute will inspire and house scientists who could be responsible for the next great discovery that will maintain the UK’s position at the forefront of global science for years to come. Delivered and managed by the Engineering and Physical Sciences Research Council (EPSRC), the RFI will bring together academic and industry researchers from across the UK to develop disruptive new technologies designed to tackle major challenges in health and life sciences, accelerate the discovery of new treatments for chronic diseases affecting millions of people around the world (such as dementia), and deliver new jobs and long-term growth to the local and UK economies. Chair of the Research Councils and EPSRC Chief Executive, Professor Philip Nelson said: The UK is currently in a world leading position when it comes to developing new medical treatments and technologies in the life sciences. However, other countries are alive to the potential and are already investing heavily. The Rosalind Franklin Institute will help secure the country as one of the best places in the world to research, discover, and innovate. The central hub at Harwell will link to partner sites at the universities of Cambridge, Edinburgh, Manchester and Oxford, Imperial College, King’s College London, and University College London. Industry partners will be on board from the outset, and the Institute will grow over time, as more universities and researchers participate. The work at new Institute will contribute directly to the delivery of EPSRC‘s ‘Healthy Nation’ prosperity outcome, its Healthcare Technologies programme, and to the Technology Touching Life initiative that spans three research councils (the Biotechnology and Biological Sciences Research Council (BBSRC), the Medical Research Council (MRC) and EPSRC) and seeks to foster interdisciplinary technology development research across the engineering, physical and life sciences. The development of the RFI has been led by Professor Ian Walmsley, FRS, from the University of Oxford, who said: This is a new joint venture between some of the UK’s leading universities and key partners in industry and research councils. The aim is to speed the application of cutting-edge physical science insights, methods and techniques to health and life sciences by providing an interface between research programmes at the forefront of these areas, co-located at Harwell and connected, dynamically, to the wider UK research base. We anticipate innovative new businesses will grow from this effort over time, as the Institute will engage with a range of key industries from inception. A collaborative joint venture model allows the RFI to make the most of interactions and draw on a wide range of existing research excellence from across the UK. Patrick Vallance, President of R&D at GSK said: We welcome the creation of the RFI which will bring world-leading, multi-disciplinary teams from industry and academia closer together, and will further strengthen the UK as a place to translate excellent science into patient benefit. Through collaboration we will be able to make advances in life science technologies much quicker than we could manage alone. Research at the RFI will initially be centred on five selected technology themes, focusing on next-generation imaging technologies – X-ray science, correlated imaging (combining X-ray, electron and light microscopy), imaging by sound and light, and biological mass spectrometry – and on new chemical methods and strategies for drug discovery. Dame Carol Robinson, FRS, who is leading the RFI‘s biological mass spectrometry theme, and received the 2004 Royal Society Rosalind Franklin Award that recognises outstanding scientific contributions and supports the promotion of women in science, technology, engineering and mathematics, said: It is fitting that this new Institute bears Rosalind Franklin’s name. She achieved so much in a relatively short life and without her work many of the advances that have taken place since would not have come about. Work in the Institute will include development of the next-generation of physical tools including mass spectrometry, instruments for X-ray science and for advanced microscopy – fields directly descended from her research interests. Notes for Editors: The Engineering and Physical Sciences Research Council (EPSRC) As the main funding agency for engineering and physical sciences research, our vision is for the UK to be the best place in the world to Research, Discover and Innovate. By investing £800 million a year in research and postgraduate training, we are building the knowledge and skills base needed to address the scientific and technological challenges facing the nation. Our portfolio covers a vast range of fields from healthcare technologies to structural engineering, manufacturing to mathematics, advanced materials to chemistry. The research we fund has impact across all sectors. It provides a platform for future economic development in the UK and improvements for everyone’s health, lifestyle and culture. We work collectively with our partners and other Research Councils on issues of common concern via Research Councils UK. The Science and Technology Facilities Council (STFC) STFC is keeping the UK at the forefront of international science and tackling some of the most significant challenges facing society such as meeting our future energy needs, monitoring and understanding climate change, and global security. The Council has a broad science portfolio and works with the academic and industrial communities to share its expertise in materials science, space and ground-based astronomy technologies, laser science, microelectronics, wafer scale manufacturing, particle and nuclear physics, alternative energy production, radio communications and radar. STFC operates or hosts world class experimental facilities including in the UK the ISIS pulsed neutron source, the Central Laser Facility, and LOFAR, and is also the majority shareholder in Diamond Light Source Ltd. It enables UK researchers to access leading international science facilities by funding membership of international bodies including European Laboratory for Particle Physics (CERN), the Institut Laue Langevin (ILL), European Synchrotron Radiation Facility (ESRF) and the European Southern Observatory (ESO). STFC is one of seven publicly-funded research councils. It is an independent, non-departmental public body of the Department for Business, Energy and Industrial Strategy (BEIS). The Biotechnology and Biological Sciences Research Council (BBSRC) BBSRC invests in world-class bioscience research and training on behalf of the UK public. Our aim is to further scientific knowledge, to promote economic growth, wealth and job creation and to improve quality of life in the UK and beyond. Funded by Government, BBSRC invested £473M in world-class bioscience, people and research infrastructure in 2015-16. We support research and training in universities and strategically funded institutes. BBSRC research and the people we fund are helping society to meet major challenges, including food security, green energy and healthier, longer lives. Our investments underpin important UK economic sectors, such as farming, food, industrial biotechnology and pharmaceuticals. More information about BBSRC strategically funded institutes. The Medical Research Council (MRC) The Medical Research Council is at the forefront of scientific discovery to improve human health. Founded in 1913 to tackle tuberculosis, the MRC now invests taxpayers’ money in some of the best medical research in the world across every area of health. Thirty-one MRC-funded researchers have won Nobel prizes in a wide range of disciplines, and MRC scientists have been behind such diverse discoveries as vitamins, the structure of DNA and the link between smoking and cancer, as well as achievements such as pioneering the use of randomised controlled trials, the invention of MRI scanning, and the development of a group of antibodies used in the making of some of the most successful drugs ever developed. Today, MRC-funded scientists tackle some of the greatest health problems facing humanity in the 21st century, from the rising tide of chronic diseases associated with ageing to the threats posed by rapidly mutating micro-organisms. www.mrc.ac.uk Diamond Light Source Diamond Light Source is the UK’s synchrotron science facility, and is approximately the size of Wembley Stadium. It works like a giant microscope, harnessing the power of electrons to produce bright light that scientists can use to study anything from fossils to jet engines to viruses and vaccines. Diamond is used by thousands of academic and industrial researchers across a wide range of disciplines, including structural biology, health and medicine, solid-state physics, materials & magnetism, nanoscience, electronics, earth & environmental sciences, chemistry, cultural heritage, energy and engineering. Many everyday commodities that we take for granted, from food manufacturing to consumer products, from revolutionary drugs to surgical tools, from computers to mobile phones, have all been developed or improved using synchrotron light. Diamond generates extremely intense pin-point beams of synchrotron light. These are of exceptional quality, and range from X-rays to ultraviolet to infrared. Diamond’s X-rays are around 10 billion times brighter than the sun. Diamond is one of the most advanced scientific facilities in the world, and its pioneering capabilities are helping to keep the UK at the forefront of scientific research. 2017 marks a double celebration for Diamond – 15 years since the company was formed, and 10 years of research and innovation. In this time, researchers who have obtained their data at Diamond have authored over 5,000 papers. The institute is funded by the UK Government through the Science and Technology Facilities Council (STFC), and by the Wellcome Trust The Harwell Campus Harwell Campus is a public private partnership between Harwell Oxford Partners, U+I Group PLC and two Government backed agencies, the Science and Technology Facilities Council (STFC) and the UK Atomic Energy Agency (UKAEA). Harwell is one of the world’s most important science and innovation locations. It has a growing reputation as the UK’s gateway to space with over 65 space and satellite applications related organisations located on campus and is now seeing rapid growth in the Life Sciences and HealthTec sector with over 1,000 people working in this field alone at Harwell. In addition to space and life sciences, the campus hosts an array of other key sectors including, Big Data and Supercomputing, Energy and Environment and Advanced Engineering and Materials. With a legacy of many world firsts, the campus comprises 710 acres, over 200 organisations and 5,500 people. Harwell Campus is the UK’s National Science Facility and is among Europe and the world’s leading sites dedicated to the advancement of science, technology and innovation. Having spent 75 years at the forefront of British innovation and discovery, Harwell Campus continues to drive scientific advancements to the benefit of the UK economy and centred around a community hub. Science experts, academics, government organisations, private sector R&D departments and investors create an environment where innovation, collaboration and discovery thrive. Harwell’s Cluster Strategy The Cluster of about 70 Space organisations at Harwell is testament to the power of co-locating industry, academia and the public sector alongside investors and entrepreneurs. The European Space Agency, RAL Space, The UK Space Agency, Airbus, Thales Alenia Space, Lockheed Martin, and Deimos Space UK can all be found on the Campus. This creates many opportunities for collaboration, increasing capability and sharing risk. Being within a Cluster brings access to high-quality common infrastructure, facilities and expertise, alongside exposure to new markets The Harwell vision is to be home to a number of Clusters that exploit the existing strengths of the Campus. The next step is a new HealthTec Cluster that will benefit from the considerable synergies across the life and physical sciences capabilities of the Campus and the Space cluster. These clusters will enrich each other, creating a powerful multidisciplinary environment tailored to problem solving that will allow the UK to compete with the best in the world. The clustering of industries, facilities and science experts has given rise to the term Harwell Effect – and is an ideal model for future science and business innovation programmes. Science clusters drive economic growth. MIT has created businesses with a combined value of $3tn, the equivalent of California’s GDP. Harwell Campus is the only location in the UK with the potential to emulate this success. To find out more about events, open days or the new developments, visit the Harwell Campus website. SOURCE: EPSRC Contact Details In the following table, contact information relevant to the page. The first column is for visual reference only. Data is in the right column. Name: EPSRC Press Office Telephone: 01793 444404


Grant
Agency: GTR | Branch: EPSRC | Program: | Phase: Research Grant | Award Amount: 605.74K | Year: 2015

The project Compressive Imaging in Radio Interferometry (CIRI) aims to bring new advances for interferometric imaging with next-generation radio telescopes, together with theoretical and algorithmic evolutions in generic compressive imaging. Radio Interferometry (RI) allows observations of the sky at otherwise inaccessible angular resolutions and sensitivities, providing unique information for astrophysics and cosmology. New telescopes are being designed, such as the Square Kilometer Array (SKA), whose science goals range from astrobiology and strong field gravity, to the probe of early epochs in the Universe when the first stars formed. These instruments will target orders of magnitudes of improvement in resolution and sensitivity. In this context, they will have to cope with extremely large data sets. Associated imaging techniques thus literally need to be re-invented over the next few years. The emerging theory of compressive sampling (CS) represents a significant evolution in sampling theory. It demonstrates that signals with sparse representations may be recovered from sub-Nyquist sampling through adequate iterative algorithms. CIRI will build on the theoretical and algorithmic versatility of CS and leverage new advanced sparsity and sampling concepts to define, from acquisition to reconstruction, next-generation CS techniques for ultra-high resolution wide-band RI imaging and calibration techniques. The new techniques, and the associated fast algorithms capable of handling extremely large data sets on multi-core computing architectures, will be validated on simulated and real data. Astronomical imaging is not only a target, but also an essential means to trigger novel generic developments in signal processing. CIRI indeed aims to provide significant advances for compressive imaging thereby reinforcing the CS revolution, which finds applications all over science and technology, in particular in biomedical imaging. CIRI is thus expected to impact science, economy, and society by developing new imaging technologies essential to support forthcoming challenges in astronomy, and by delivering a new class of compressive imaging algorithms that can in turn be transferred to many applications, starting with biomedical imaging.


Grant
Agency: GTR | Branch: EPSRC | Program: | Phase: Research Grant | Award Amount: 27.11K | Year: 2015

The project Compressive Imaging in Radio Interferometry (CIRI) aims to bring new advances for interferometric imaging with next-generation radio telescopes, together with theoretical and algorithmic evolutions in generic compressive imaging. Radio Interferometry (RI) allows observations of the sky at otherwise inaccessible angular resolutions and sensitivities, providing unique information for astrophysics and cosmology. New telescopes are being designed, such as the Square Kilometer Array (SKA), whose science goals range from astrobiology and strong field gravity, to the probe of early epochs in the Universe when the first stars formed. These instruments will target orders of magnitudes of improvement in resolution and sensitivity. In this context, they will have to cope with extremely large data sets. Associated imaging techniques thus literally need to be re-invented over the next few years. The emerging theory of compressive sampling (CS) represents a significant evolution in sampling theory. It demonstrates that signals with sparse representations may be recovered from sub-Nyquist sampling through adequate iterative algorithms. CIRI will build on the theoretical and algorithmic versatility of CS and leverage new advanced sparsity and sampling concepts to define, from acquisition to reconstruction, next-generation CS techniques for ultra-high resolution wide-band RI imaging and calibration techniques. The new techniques, and the associated fast algorithms capable of handling extremely large data sets on multi-core computing architectures, will be validated on simulated and real data. Astronomical imaging is not only a target, but also an essential means to trigger novel generic developments in signal processing. CIRI indeed aims to provide significant advances for compressive imaging thereby reinforcing the CS revolution, which finds applications all over science and technology, in particular in biomedical imaging. CIRI is thus expected to impact science, economy, and society by developing new imaging technologies essential to support forthcoming challenges in astronomy, and by delivering a new class of compressive imaging algorithms that can in turn be transferred to many applications, starting with biomedical imaging.


Grant
Agency: GTR | Branch: EPSRC | Program: | Phase: Research Grant | Award Amount: 585.81K | Year: 2016

We propose an ambitious multi-institution experimental programme to investigate one of the greatest mysteries in astrophysics: the acceleration mechanism that leads to generation of high energy cosmic rays. The presence of energetic particles in the Universe is a well established fact, with measurements of the cosmic ray (CR) spectrum extending up to astonishing 1e20 eV. In spite of this, the exact mechanism that leads to such high energy particles still remains controversial. The central theme of this proposal is to conduct a programme of linked earth-based experimental and theoretical investigations into CR acceleration mechanisms to address this long running problem. Although many different processes may result in CR acceleration, the present day understanding is that shock waves and turbulence play an essential role in energizing both the electrons and ions present in the interstellar medium. We will perform linked experimental and numerical studies of the acceleration of electrons in strong shocks formed in magnetised plasmas. The shocks will be formed by supersonic plasma flows created by high intensity lasers and Mega-Ampere-level pulsed currents. The first set of experiments will investigate the initial acceleration of electrons, which should allow the formation of electron population with energies significantly exceeding their initial thermal energy. This is expected to occur due to plasma wave turbulence which is excited in the pre-shock plasma by the ions reflected from the shock front, but this mechanism has never been tested by experiment. We will characterise the development of the turbulence and measure the parameters of the accelerated electrons using state-of-the-art diagnostic techniques previously developed by us. In the second set of experiments, we will investigate the so-called diffusive shock acceleration mechanism, which is considered as the most plausible mechanism of cosmic ray acceleration. This will be achieved by injecting sufficiently energetic electrons into the shock, in such a way that these electrons will then sample both the pre- and post-shock regions, performing multiple passages through the shock front as required for this mechanism to operate efficiently. Use of a magnetic spectrometer will allow direct measurements of the energy of the accelerated electrons which will be compared with theoretical predictions. As part of this project we will also perform numerical simulations using state of the art hybrid-MHD and PIC codes and cross-compare the results with our experimental data. The computational and theoretical components of the project will allow us to forge a strong connection between experiment, astrophysical models and observations. The proposed research lies at the border between Plasma Physics and Astrophysics, and will advance the development of the novel research area of Laboratory Astrophysics, which seeks to enhance the understanding of the physics governing the behaviour of astrophysical objects directly via scaled laboratory experiments, combined with computer modelling. Creating the extreme plasma conditions required for scaled reconstruction of astrophysical environments in the laboratory, became possible only recently thanks to the advent of high energy lasers and fast rise-time high-current pulsed power facilities. The similarity between the lab and nature in terms of key dimensionless parameters (e.g. Mach number) is sufficiently close to make such experiments highly relevant. The timeliness of this proposal is also underlined by the growing interest in this field internationally with major efforts in USA (Rochester, Livermore - NIF) and Europe (Bordeaux - LaserMegajoule). The combined expertise of the authors of this proposal and the involvement of international collaborators from Astrophysics community will allow us to create and exploit an unprecedented capability for the Laboratory Astrophysics research and provide both breadth and depth to the programme.


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

COLUMBUS, Ohio--(BUSINESS WIRE)--State Auto Financial Corporation (NASDAQ:STFC) today reported fourth quarter 2016 net income of $32.5 million, or $0.77 per diluted share, versus net income of $3.1 million, or $0.07 per diluted share, for the fourth quarter of 2015. Net income from operations1 per diluted share for the fourth quarter 2016 was $0.46 versus net income from operations1 per diluted share of $0.00 for the same 2015 period. For the year ended Dec. 31, 2016, STFC had net income of $21.0 million, or $0.50 per diluted share, compared to net income of $51.2 million, or $1.23 per diluted share, for the same 2015 period. Net loss from operations1 per diluted share for the year ended Dec. 31, 2016 was $0.07 versus net income from operations1 per diluted share of $0.85 for the same 2015 period. STFC’s GAAP combined ratio for the fourth quarter 2016 was 101.3 versus 106.2 for the fourth quarter of 2015. Catastrophe losses during the fourth quarter 2016 accounted for 5.0 points of the 68.6 total loss ratio points, or $16.2 million, versus 1.3 points of the total 72.8 loss ratio points, or $4.3 million, for the same period in 2015. Non­catastrophe losses during the fourth quarter 2016 included 1.9 points of favorable development relating to prior years, or $6.3 million, versus 6.9 points of adverse development, or $22.3 million, for the same period in 2015. Net written premium for the fourth quarter of 2016 increased 1.4% compared to the same period in 2015. By segment, net written premium was relatively flat for personal, business decreased 2.1% and specialty increased 11.6%. Personal auto and homeowners new business premium and new policy counts were up, while policies in force were lower compared to the fourth quarter of 2015. During the first half of 2016, the Company increased its number of personal lines agency appointments, and conducted pricing reviews designed to improve personal lines profitability. The decline in the business insurance segment was significantly driven by our decision to exit our large account business and rate actions to improve profitability in commercial auto. The growth in the specialty insurance segment was primarily driven by an increase in new business for E&S property. STFC’s GAAP combined ratio for the year ended 2016 was 106.2 compared to 101.5 for the same 2015 period. Catastrophe losses increased the loss ratio for the year ended 2016 by 6.3 points, or $81.6 million, compared to 4.0 points, or $51.1 million for the year ended 2015. Non­catastrophe losses for the year ended 2016 included 2.2 points of adverse development relating to prior years, or $28.4 million, versus 0.8 points of adverse development, or $10.7 million, for the same period in 2015. Net written premium for the year ended 2016 increased 1.5% compared to the same 2015 period. By segment, net written premium was relatively flat for personal, decreased 5.4% for business, and increased 21.7% for specialty. The trends in the personal and business net written premiums are due to the same factors discussed above for the fourth quarter. The growth in the specialty insurance segment was largely driven by an increase in new business for both E&S casualty and programs. Book Value and Return on Equity STFC’s book value was $21.31 per share as of Dec. 31, 2016, a decrease of $0.51 per share from STFC’s book value on Sept. 30, 2016. The decrease was driven by the change in unrealized investment gains, slightly offset by net income. Return on stockholders’ equity for the twelve months ended Dec. 31, 2016, was 2.4% compared to 5.8% for the twelve months ended Dec. 31, 2015. STFC’s Chairman, President and CEO Mike LaRocco commented on the quarter as follows: “We’re proud of the progress we made in 2016. We finished strong with improved, but still unacceptable fourth quarter results. In our auto lines, both personal and commercial, we’ve been focused on improving profitability. We’ve implemented rate changes, which are now starting to earn out. Wildfires in Tennessee and Hurricane Matthew added 5.3 points, or $17.4 million, to our quarterly loss ratio. Our claims organization responded quickly to customers who were affected by those catastrophes. I was gratified, but not surprised, by the response from our agents and policyholders in those areas. “We know where our challenges are, and we’re better positioned than ever to address those challenges now that we have the right people, a culture where becoming more lean and efficient is an expectation, a greater focus on improving profitability, and improved processes throughout the organization to support our efforts. “In less than 15 months, we successfully launched our new digital platform in five states for our personal auto and homeowners products. Since the launch in October, we’ve responded to feedback from agents with eight updates to the platform. That level of responsiveness is certainly not the norm across our industry; but it reflects the changes we’ve made throughout State Auto. We are a very different company today. We’ll complete the rollout of the remaining states in 2017 for our personal auto and homeowners products and we’ll start to roll out our small commercial products in mid- 2017. But it’s about much more than just technology. It’s a new way of doing business for us and for our independent agency partners, in a way that exceeds the expectations of our customers in every area – from new products and coverage, to new pricing models, to digital solutions that offer easy, convenient online access. “There’s work to be done, but State Auto enters 2017 proud of our past, and even more excited about our future.” State Auto Financial Corporation, headquartered in Columbus, Ohio, is a super regional property and casualty insurance holding company and is proud to be a Trusted Choice® company partner. STFC stock is traded on the NASDAQ Global Select Market, which represents the top fourth of all NASDAQ listed companies. The insurance subsidiaries of State Auto Financial Corporation are part of the State Auto Group. The State Auto Group markets its insurance products throughout the United States, through independent insurance agencies, which include retail agencies and wholesale brokers. The State Auto Group is rated A- (Excellent) by the A.M. Best Company and includes State Automobile Mutual, State Auto Property & Casualty, State Auto Ohio, State Auto Wisconsin, Milbank, Meridian Security, Patrons Mutual, Rockhill Insurance, Plaza Insurance, American Compensation and Bloomington Compensation. Additional information on State Auto Financial Corporation and the State Auto Insurance Companies can be found online at http://www.StateAuto.com/STFC. 1 Net income (loss) from operations, a non-GAAP financial measure which management believes is informative to Company management and investors, differs from GAAP net income (loss) only by the exclusion of realized capital gains and (losses), net of applicable taxes, on investment activity for the periods being reported. For STFC, this amounted to income of $0.31 per diluted share for the fourth quarter 2016 and income of $0.57 year to date 2016 versus income of $0.07 per diluted share for the fourth quarter 2015 and income of $0.38 year to date 2015. STFC has scheduled a conference call with interested investors for Tuesday, Feb. 14, at 11 a.m. ET to discuss the Company’s fourth quarter and year 2016 performance. Live and archived broadcasts of the call can be accessed at http://www.StateAuto.com/STFC. A replay of the call can be heard beginning at 2 p.m., Feb. 14, by calling 855-859-2056, conference ID 51089135. Supplemental schedules detailing the Company’s fourth quarter and year 2016 financial, sales and underwriting results are made available on http://www.StateAuto.com/STFC prior to the conference call. Except for historical information, all other information in this news release consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected, anticipated or implied. The most significant of these uncertainties are described in State Auto Financial's Form 10-K and Form 10-Q reports and exhibits to those reports, and include (but are not limited to) legislative changes at both the state and federal level, state and federal regulatory rule making promulgations and adjudications, class action litigation involving the insurance industry and judicial decisions affecting claims, policy coverages and the general costs of doing business, the impact of competition on products and pricing, inflation in the costs of the products and services insurance pays for, product development, geographic spread of risk, weather and weather-related events, and other types of catastrophic events. State Auto Financial undertakes no obligation to update or revise any forward-looking statements.

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