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News Article | December 16, 2016
Site: globenewswire.com

SARASOTA, Fla., Dec. 16, 2016 (GLOBE NEWSWIRE) -- Uniroyal Global Engineered Products, Inc., a global leader in vinyl-coated fabrics and soft trim technologies, (OTCQB:UNIR) (or the “Company”) was awarded supplier of the year honors from The Brewer Company. The award is given to the supplier who has continuous on-time delivery and quality performance throughout the year. Uniroyal Global supplies Naugahyde® brand vinyl-coated upholstery for Brewer Company medical equipment products. The Brewer Company is a leading provider of Medical Equipment, Dental and Optical Seating with OEM capabilities. Brewer specializes in clinical and exam room solutions, specialty and ergonomic seating and custom OEM design and products.  “We really appreciate all that Uniroyal does for The Brewer Company. Since we changed our exam table line to the Nauga Soft material two years ago, we have had no quality issues and no stock issues to hold up customer orders. Also Uniroyal's customer service has been world class!” said Dave Karger, Director of Purchasing. “We are honored to receive this award. It is wonderful recognition of the Uniroyal Global team’s commitment to manufacturing innovative, quality products and providing service that exceeds expectations,” added Ted Torres, Senior Vice President of Sales and Marketing. For more information on Uniroyal Global Engineered Products, visit www.uniroyalglobal.com.  To learn more about Naugahyde vinyl-coated fabrics, visit www.naugahyde.com. Uniroyal Global Engineered Products, Inc., (OTCQB:UNIR) through its subsidiaries, manufactures and sells vinyl coated fabrics products that have applications in the automotive and non-automotive transportation, indoor/outdoor furniture, commercial and hospitality seating, healthcare facilities, and athletic equipment primarily in North America and Europe. The company’s products in the automotive industry are used primarily in seating, door panels, head and arm rests, security shades, and trim components. Its non-automotive applications include outdoor seating for utility and sports vehicles, and sheeting used in medical, nuclear protection, personal protection, moisture barriers, pool liners, pram and nursery, movie screen, and decorative surface applications. The company offers its products primarily under the brands. The company offers its products primarily under the Naugahyde®, BeautyGard®, Spirit Millennium®, Ambla®, Velbex®, Cirroflex®, Plastolene® and Vynide®.   It also offers sensor products directly to manufacturers, dealers, and end users. Except for statements of historical fact, certain information contained in this press release constitutes forward-looking statements, including, without limitation, statements containing the words “believe,” “expect,” “anticipate,” “intend,” “expect,” “should,” “planned,” “estimated” and “potential” and words of similar import, as well as all references to the future. These forward- looking statements are based on Uniroyal Global Engineered Products, Inc.’s current expectations. The Company cautions investors that any forward-looking statements made by the Company are not guarantees of future performance and that a variety of factors could cause the Company´s actual results and experience to differ materially from the anticipated results or other expectations expressed in the Company´s forward-looking statements. The risks and uncertainties which may affect the operations, performance, development and results of the Company´s business include, but are not limited to, the following: uncertainties relating to economic conditions, uncertainties relating to customer plans and commitments, the pricing and availability of equipment, materials and inventories, technological developments, performance issues with suppliers, economic growth, delays in testing of new products, the Company’s ability to successfully integrate acquired operations, the Company’s dependence on key personnel, the Company’s ability to protect its intellectual property rights, the effectiveness of cost-reduction plans, rapid technology changes and the highly competitive environment in which the Company operates. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made.


*Net Sales increase 6.2% versus prior year    *Net Income increases 55.2%    *Diluted Net Income Per Common Share, before dividends $0.07 versus $0.04 in prior year    *Diluted Earnings Per Common Share $0.03 versus $0.01 in prior year SARASOTA, Fla., Nov. 04, 2016 (GLOBE NEWSWIRE) -- Uniroyal Global Engineered Products, Inc. ((OTCQB:UNIR) or the “Company”) today reported its financial results for the quarter ended October 2, 2016 compared to the quarter ended October 4, 2015. Net Sales for the third quarter increased 6.2% to $24,675,521, a gain of $1,450,322 versus the prior year, which represented the highest year over year increase for any quarter of this fiscal year.  Included in the reported sales is a negative currency impact of $890,000. Without the currency fluctuation, Net Sales would have increased 10% for the quarter. Sales for the third quarter to the automotive industry (68.0% of total Net Sales) increased 14.4% versus last year due to sharp increases in both Domestic and European operations. “We continue to record strong results in Global automotive sales as product innovation and cost improvement programs are recognized by major OEM’s.  This has resulted in increased market penetration,” noted Howard Curd, Chairman. Sales to the industrial and consumer segments (32.0% of total Net Sales) declined 7.8% versus last year.  Seating applications for industrial equipment manufacturers showed improvement in the quarter after a sluggish first six months, but consumer sales (recreational and residential) declined, impacted by the continued slow Global economic recovery. Net Income Available to Common Shareholders increased to $578,015 versus $139,304 in the prior year quarter, representing a gain of $438,711, or three times greater than that of the previous year.  The increase versus the prior year quarter was due to the improvement in Net Sales and sharply lower General and Administrative expenses. Gross Profit Margins contracted during the third quarter to 21.7% versus 23.2% for the third quarter of the previous year.  The reduction in the margins was primarily caused by a decline in higher margin industrial and consumer sales. Operating Income improved to $1,868,358 for the third quarter of this year versus $1,482,256 for the third quarter of the previous year, a gain of $386,102 or 26.0%.  The principal catalyst for the increase versus the prior year was a sharp reduction in General and Administrative expenses from the previous period.  Certain one-time charges in the third quarter of last year resulted in costs abnormally high for the period.  Current General and Administrative expenses, which are 7.4% of Net Sales for the third quarter, are lower than the nine months at 7.9% of Net Sales. Net Sales for the nine months ended October 2, 2016 were $76,976,985, recording a gain of $490,797, or 0.6%, versus the previous year which was a 40 week period versus 39 weeks for the current nine months period.  The additional week in the prior year period represented approximately $500,000 in Net Sales, negatively impacting on year to year comparisons. Negative currency fluctuations of $1,700,000 also impacted the year to year comparisons. Net Income Available to Common Shareholders for the nine months ended October 2, 2016 (39 weeks) was $2,193,844 as compared to $1,815,796 for the nine months ended October 4, 2015 (40 weeks). The increase of $378,048 versus the previous year is due to improved Gross Profit Margins on Net Sales which more than offset an increase of 2.5% in operating expenses. Gross Profit Margins for the nine months ended October 2, 2016 improved to 23.0% of Net Sales from 21.7% of Net Sales for the nine months ended October 4, 2015, leading to an improvement in Gross Profit of $1,141,047. Global manufacturing efficiencies and lower overall raw material costs were the primary reasons for the Gross Profit improvement. Operating Income for the nine months improved to $6,356,226 from $5,492,864 versus the comparable prior year period for an increase of $863,362 or 15.7%.  The improvement in Gross Profit Margins on Net Sales led to the sharp increase in Operating Income. For further details, see the Consolidated Statements of Operations in the Company’s Form 10-Q filed on November 4, 2016.  The Company will have comments on the quarter in an earning conference call on November 7, 2016 at 9:00 am (EST).  Persons wishing to access the conference call may do so by dialing 888-857-6929 (U.S.) and 719-457-2607 (International), and using the ID #1385906.  Howard F. Curd, President, will discuss our earnings on the call and will be available for questions. The call will also be available by logging on to www.uniroyalglobal.com and accessing the webcast link (https://public.viavid.com/player/index.php?id=121900) in the investor relations section. A replay of the conference call will be available beginning Monday, November 7, 2016 through February 7, 2017 by calling 877-870-5176 (US) or 858-384-5517 (International) and Pin #1385906. Uniroyal Global Engineered Products, Inc. (UNIR) is a leading manufacturer of vinyl coated fabrics that are durable, stain resistant, cost-effective alternatives to leather, cloth and other synthetic fabric coverings. Uniroyal Global Engineered Products, Inc.’s revenue in 2015 was derived 65% from the automotive industry and approximately 35% from the recreational, industrial, indoor and outdoor furnishings, hospitality and health care markets. Our primary brand names include Naugahyde®, BeautyGard®, Flameblocker™, Spirit Millennium®, Ambla®, Amblon®, Velbex®, Cirroflex®, Plastolene® and Vynide®. Except for statements of historical fact, certain information contained in this press release constitutes forward-looking statements, including, without limitation, statements containing the words “believe,” “expect,” “anticipate,” “intend, “should,” “planned,” “estimated” and “potential” and words of similar import, as well as all references to the future. These forward-looking statements are based on Uniroyal Global Engineered Products, Inc.’s current expectations. The Company cautions investors that any forward-looking statements made by the Company are not guarantees of future performance and that a variety of factors could cause the Company´s actual results and experience to differ materially from the anticipated results or other expectations expressed in the Company´s forward-looking statements. The risks and uncertainties which may affect the operations, performance, development and results of the Company´s business include, but are not limited to, the following: uncertainties relating to economic conditions, uncertainties relating to customer plans and commitments, the pricing and availability of equipment, materials and inventories, currency fluctuations, technological developments, performance issues with suppliers, economic growth, delays in testing of new products, the Company’s ability to successfully integrate acquired operations, the Company’s dependence on key personnel, the Company’s ability to protect its intellectual property rights, the effectiveness of cost-reduction plans, rapid technology changes and the highly competitive environment in which the Company operates. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made.


News Article | March 9, 2016
Site: www.fastcompany.com

Media coverage of higher education often focuses on the increased cost of college that places its graduates into an overload of debt with no decent job at the end. What’s often missing in that coverage is how higher education globally is developing technological innovations that are tremendous catalysts of change. Two decades-old international education organizations on the forefront of technological change are the New Media Consortium (NMC) and the EDUCAUSE Learning Initiative (ELI). Last month they published the NMC Horizon Report: 2016 Higher Education Edition that charts emerging technologies in higher education. Makerspaces and Affective Computing are two of six key developments the Horizon report lists as modern technologies—along with six trends and six challenges—having a big impact on teaching, learning, and creative inquiry in colleges. All are very likely to achieve widespread adoption over the next five years and significantly alter the workforce of the near future. Makerspaces are informal workshop environments where people gather to create prototypes or products in a do-it-yourself setting, explains NMC Horizon Project director Samantha Becker. "The key here is that these environments offer communal and cooperative access to devices and supplies [such as 3-D printers, Raspberry Pis, Arduinos, MaKey Makeys, Adobe Creative Suite software, laser cutters, and even sewing machines] for users to engage in self-directed activities that really build off of their curiosity and help them identify what they may be passionate about." One such Makerspace among many on college campuses is the seven-story, $35 million Sears think[box] at Case Western University in Cleveland. Affective Computing, as explained in the report, is based on the notion that we "can program machines to recognize, interpret, process, and simulate the range of human emotions." For example, through advances in gesture-based computing and speech recognition, context-aware, emotionally responsive machines can cater to subtly communicated needs. We are starting to see this kind of research come to fruition in such products as Amazon’s Alexa and Apple’s Siri, both capable of responding to voice prompts. "The addition of emotion recognition would take the category to a new level." Some higher education institutions leading the way in this area include MIT’s Affecting Computing Group (ACG), the University of Michigan’s CHAI Lab on the science of decoding human behavior and the emerging field of Behavioral Signal Processing (BSP), and Greece’s University of Macedonia Computer Networks & Telematics Applications Lab. The four other emerging educational technology developments outlined in the Horizon report were Robotics, Augmented and Virtual Reality, Learning Analytics and Adaptive Learning, and Bring Your Own Device (BYOD). According to the report, the world’s robot population—meaning "automated machines that accomplish a range of tasks"—is expected to reach 4 million by 2020, and "its potential uses are starting to gain traction." New outreach programs are promoting robotics and programming as multidisciplinary STEM (Science, Technology, Engineering and Math) skills that can make students better problem solvers." An interesting robotics example comes out of the UC Berkeley Department of Electrical Engineering and Computer Sciences’s BRETT initiative, the acronym for the Berkeley Robot for Elimination of Tedious Tasks. "Everyone has experienced this in the workforce firsthand," Becker says. "The most exciting projects you are working on take a lot of brain power and intense discussions and critical thinking, but then there are the tasks that seem a little more tedious, like data entry and updating your calendar. UC Berkeley has programmed a robot for those kinds of tasks." The report also includes AR, meaning "the layering of data over 3-D spaces to produce a new experience of the world," and VR, meaning "computer-generated environments that stimulate the physical presence of people and objects to generate realistic sensory experiences." The report notes that exposure to AR and VR is useful for students in STEM disciplines or for those who have an entrepreneurial bent. The Augmentarium at the University of Maryland, for instance, "brings together a unique assembly of projection displays, augmented reality visors, GPU clusters, human vision, and human-computer interaction technologies, to study and facilitate visual augmentation of human intelligence and amplify situational awareness." This technology is about Big Data and how it’s used in higher education to analyze student learning to more clearly see what is working or not working in order to create more effective pedagogies. It includes new software applications that track student learning in digital environments. "This is all about monitoring student activities and tracking their behaviors," Becker explains. "This has been happening for a long time, and there are many publishers and digital learning companies focusing less on publishing textbooks and more on producing adaptive learning platforms that reinvent their course services to be more about course material." The Universidad Internacional de La Rioja (UNIR) in Spain's iLime project is a good example of an adaptive learning system that takes students’ informal and formal interactions to generate more personalized guidance recommendations, such as suggesting a specific deeper learning path that the student should follow in order to reach goals. The ubiquity of our mobile devices, of course, has become a mainstay in education environments beginning at the K-12 level. The report describes higher education as "accommodating and even encouraging the use of mobile devices for a wide range of teaching and learning activities." In short, colleges are supporting more robust Wi-Fi infrastructures, better networks for streaming a wide variety of content quickly, and looking closer into how to avoid security risks and create policies relative to safety and privacy. For an example of how a smartphone can enhance a teaching and learning environment, check out MyTech at North Carolina State University. MyTech is a mobile app being used in physics labs that allows students "to analyze the motion of the device using raw data from the phone’s internal sensors as it falls, spins, or collides with springs. Each recording can be exported as a spreadsheet for more in-depth analysis." The combination of all these educational technologies paints a highly positive and rapidly changing picture of our colleges and universities worldwide. "Higher education has quietly enriched the entire planet and given us the ability to be much more informed and smarter," says Bryan Alexander, an education consultant and futurist who has been a Horizon report committee member for 12 years. "One of the trends is the development of startup thinking, entrepreneur thinking, getting to a culture of change. That is unusual for higher education. There is a different student body. The classic ivory tower is changing. The pattern is breaking, and we are blending work with academics in new ways."


Medina C.,UNIR | Rufin R.,Spanish University for Distance Education (UNED)
Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics) | Year: 2014

The use of Social Network Sites (SNS), and the improvements gained from new technologies through e-learning platforms are two of the main topics that are currently discussed in the area of higher education. Acquiring a better understanding of e-Learning platform adoption requires the addition of new antecedents to prevailing models and an analysis of their interrelations with other information and communication technologies. Web 2.0 and SNS are of particular significance in this connection. This paper attempts to determine the validity of the antecedents posited by Chan et al. (2010) in the field of e-Learning and the moderating role that SNS use may play in platform adoption. The influence of awareness, self-efficacy, convenience and assistance as antecedents of the components of the adoption model is determined; it is further found that SNS use has a moderating effect on the relationship between the intention to use the platform and its posited antecedents. © 2014 Springer International Publishing Switzerland.


Leite N.K.,University of Sao Paulo | Krusche A.V.,University of Sao Paulo | Ballester M.V.R.,University of Sao Paulo | Victoria R.L.,University of Sao Paulo | And 2 more authors.
Biogeochemistry | Year: 2011

Concentrations of cations (Na+, Ca2+, Mg2+, K+, NH4+), anions (HCO3-, Cl-, NO3-, SO42-, PO43-) and suspended sediments in the Madeira River water were determined near the city of Porto Velho (RO), in order to assess variation in water chemistry from 2004 to 2007. Calcium and bicarbonate were the dominant cation and anion, respectively. Significant seasonal differences were found, with highest concentrations occurring during the dry season, as expected from the drainage of Andean carbonate-rich substratum. Interannual variations were also observed, but became significant only when annual average discharge was 25% less than normal. Under this atypical discharge condition, bicarbonate was replaced by sulfate, and higher suspended sediment concentrations and loads were also observed. Compared to previously published studies, it appears that no significant changes in water chemistry have occurred during the last 20-30 years, although differences in approaches and sampling designs among this and previous studies may not allow detection of modest changes. The calculated suspended sediment load reported here is close to the values presented elsewhere, reinforcing the relative importance of this river as a sediment supplier for the Amazon Basin. Seasonality has a significant control on the chemistry of Madeira River waters, and severe decrease in discharge due to anthropogenic changes, such as construction of reservoirs or the occurrence of drier years-a plausible consequence of global climate change-may lead to modification in the chemical composition as well in the sediment deliver to the Amazon River. © 2011 Springer Science+Business Media B.V.


SARASOTA, Fla.--(BUSINESS WIRE)--UNIROYAL GLOBAL ENGINEERED PRODUCTS, INC. (OTCQB: UNIR) (“Uniroyal Global Engineered Products, Inc.” or the Company) will report its earnings for the three months ended October 2, 2016 on November 4, 2016 after the market close and will hold an earnings conference call on Monday, November 7, 2016 at 9:00am EDT. Persons wishing to access the conference call may do so by dialing 888-857-6929 (U.S.) and 719-457-2607 (International), and using the ID #1385906 or by


SARASOTA, Fla.--(BUSINESS WIRE)--Uniroyal Global Engineered Products, Inc. (OTCQB:UNIR) (or the “Company”) today reported its financial results for the quarter ended October 2, 2016 compared to the quarter ended October 4, 2015. Three Months Ended October 2, 2016 Net Sales Net Sales for the third quarter increased 6.2% to $24,675,521, a gain of $1,450,322 versus the prior year, which represented the highest year over year increase for any quarter of this fiscal year. Included in the reported sa


SARASOTA, Fla., Nov. 03, 2016 (GLOBE NEWSWIRE) -- UNIROYAL GLOBAL ENGINEERED PRODUCTS, INC. (OTCQB:UNIR) (“Uniroyal Global Engineered Products, Inc.” or the Company) will report its earnings for the three months ended October 2, 2016 on November 4, 2016 after the market close and will hold an earnings conference call on Monday, November 7, 2016 at 9:00am EST. Persons wishing to access the conference call may do so by dialing 888-857-6929 (U.S.) and 719-457-2607 (International), and using the ID #1385906 or by logging on to www.uniroyalglobal.com and accessing the webcast link (https://public.viavid.com/player/index.php?id=121900) in the investor relations section. A replay of the conference call will be available beginning Monday, November 7, 2016 through February 7, 2016 by calling 877-870-5176 (US) or 858-384-5517 (International) and Pin #1385906. If you are unable to participate during the live webcast, it will be archived on www.uniroyalglobal.com in the investor relations section until November 7, 2017. Uniroyal Global Engineered Products, Inc. (UNIR) is a leading manufacturer of vinyl coated fabrics that are durable, stain resistant, cost-effective alternatives to leather, cloth and other synthetic fabric coverings. Uniroyal Global Engineered Products, Inc.’s revenue in 2015 was derived 65% from the automotive industry and approximately 35% from the recreational, industrial, indoor and outdoor furnishings, hospitality and health care markets. Our primary brand names include Naugahyde®, BeautyGard®, Flameblocker™, Spirit Millennium®, Ambla®, Amblon®, Velbex®, Cirroflex®, Plastolene® and Vynide®. Except for statements of historical fact, certain information contained in this press release constitutes forward-looking statements, including, without limitation, statements containing the words “believe,” “expect,” “anticipate,” “intend, “should,” “planned,” “estimated” and “potential” and words of similar import, as well as all references to the future. These forward-looking statements are based on Uniroyal Global Engineered Products, Inc.’s current expectations. The Company cautions investors that any forward-looking statements made by the Company are not guarantees of future performance and that a variety of factors could cause the Company´s actual results and experience to differ materially from the anticipated results or other expectations expressed in the Company´s forward-looking statements. The risks and uncertainties which may affect the operations, performance, development and results of the Company´s business include, but are not limited to, the following: uncertainties relating to economic conditions, uncertainties relating to customer plans and commitments, the pricing and availability of equipment, materials and inventories, technological developments, performance issues with suppliers, economic growth, delays in testing of new products, the Company’s ability to successfully integrate acquired operations, the Company’s dependence on key personnel, the Company’s ability to protect its intellectual property rights, the effectiveness of cost-reduction plans, rapid technology changes and the highly competitive environment in which the Company operates. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made.


http://wsw.com/webcast/ldmicro11/unir or www.uniroyalglobal.com in the investor relations section. The LD Micro Main Event is the largest independent conference for small/microcap companies and will feature 240 presenting names. Uniroyal Global Engineered Products, Inc. (UNIR) is a leading manufacturer of vinyl coated fabrics that are durable, stain resistant, cost-effective alternatives to leather, cloth and other synthetic fabric coverings. Uniroyal Global Engineered Products, Inc.'s revenue in 2015 was derived 65% from the automotive industry and approximately 35% from the recreational, industrial, indoor and outdoor furnishings, hospitality and health care markets. Our primary brand names include Naugahyde®, BeautyGard®, Flameblocker™, Spirit Millennium®, Ambla®, Amblon®, Velbex®, Cirroflex®, Plastolene® and Vynide®. LD Micro was founded in 2006 with the sole purpose of being an independent resource in the microcap space. What started out as a newsletter highlighting unique companies has transformed into an event platform hosting several influential conferences annually (Invitational, Summit, and Main Event). In 2015, LDM launched the first pure microcap index (the LDMi) to exclusively provide intraday information on the entire sector. LD will continue to provide valuable tools for the benefit of everyone in the small and microcap universe. For those interested in attending, please contact David Scher at david@ldmicro.com or visit www.ldmicro.com/events for more information.


News Article | November 30, 2016
Site: globenewswire.com

SARASOTA, Fla., Nov. 30, 2016 (GLOBE NEWSWIRE) -- Uniroyal Global Engineered Products, Inc. (OTCQB:UNIR), a leading global provider of vinyl-coated fabrics and soft trim technologies serving the automotive, recreational, industrial, contract, hospitality and healthcare markets, announced today that it will be presenting at the 9th Annual LD Micro Main Event in Los Angeles, CA on December 6, 2016 and at the NobleCon13 Conference in Boca Raton, FL January 30-31, 2017.    Howard Curd, President of Uniroyal Global, will present at the LD Micro Event at 8AM PST and will meet with investors during the conference.  Uniroyal's presentation will be webcast live and archived until December 6, 2017. Those wishing to access the presentation can do so by logging on to http://wsw.com/webcast/ldmicro11/unir or www.uniroyalglobal.com in the investor relations section. Mr. Curd will present at NobleCon13 during the January 30-31st event which will be webcast and archived as well.  Presentation date and time will be determined at a later date and the Company will issue an announcement once confirmed. Uniroyal Global Engineered Products, Inc. (UNIR) is a leading manufacturer of vinyl coated fabrics that are durable, stain resistant, cost-effective alternatives to leather, cloth and other synthetic fabric coverings. Uniroyal Global Engineered Products, Inc.'s revenue in 2015 was derived 65% from the automotive industry and approximately 35% from the recreational, industrial, indoor and outdoor furnishings, hospitality and health care markets. Our primary brand names include Naugahyde®, BeautyGard®, Flameblocker™, Spirit Millennium®, Ambla®, Amblon®, Velbex®, Cirroflex®, Plastolene® and Vynide®.

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