News Article | May 16, 2017
U.S. International Media (USIM), the fastest growing independent media services agency, announced that it has extended its agreement with the California Earthquake Authority (CEA), the country’s leading provider of residential earthquake insurance, as its media agency of record. “We’re pleased to continue our ongoing relationship with CEA. In California, earthquakes are not a matter of if, but when,” said USIM President/COO, Doug Livingston. “Our team will execute CEA’s strategic messaging to ensure that Californians are well prepared and properly covered.” USIM will oversee integrated media strategy, planning and buying duties for CEA’s statewide marketing efforts. CEA educates Californians on earthquake insurance options available in California and encourages them to take steps to reduce their risk of earthquake loss. For more information regarding the USIM-CEA relationship, please contact Chelsea Lancaster, PR/Marketing Manager for USIM. About U.S. International Media USIM is an independent, full-service media agency that provides innovative media strategies and execution to maximize advertising return on investment. Founded in 2004 by media industry innovator Dennis Holt, USIM is headquartered in Los Angeles with 22 offices throughout the United States and Canada. USIM excels in media research, strategy, planning and analytics, as well as placement of broadcast, cable, digital, direct response, out-of-home, print and multicultural media. For more information regarding USIM services, please visit http://www.usintlmedia.com. About CEA The California Earthquake Authority (CEA) is a not-for-profit, privately funded, publicly managed organization that provides residential earthquake insurance and encourages Californians to reduce their risk of earthquake loss. Learn more at EarthquakeAuthority.com.
News Article | April 27, 2017
The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standard Board and adopted by the European Union, or IFRS; Additionally, this press release includes non-IFRS alternative performance measures i.e., EBITDA, Net cash / debt and Free Cash Flow; See exhibit I for more details on these alternative performance measures LUXEMBOURG--(Marketwired - Apr 26, 2017) - Tenaris S.A. ( : TS) ( : TS) ( : TS) ( : TEN) ("Tenaris") today announced its results for the quarter ended March 31, 2017 in comparison with its results for the quarter ended March 31, 2016. *EBITDA includes severance charges of $9 million in Q1 2017, $8 million in Q4 2016 and $13 million in Q1 2016. If these charges were not included EBITDA would have been $207 million (18%) in Q1 2017, $180 million (17%) in Q4 2016,and $204 million (17%) in Q1 2016. Our sales rose 10% quarter on quarter reflecting a strong increase in demand in USA and Canada, partially offset by lower sales in the Middle East and Africa. Our EBITDA continues to recover from the low point reached in the second quarter of last year and our net income benefited from an after tax gain of $92 million from the sale of Republic Conduit and a positive income tax charge. Net cash provided by operations was $26 million, with an increase in working capital of $105 million reflecting higher inventories and receivables. Capital expenditures amounted to $139 million and our net cash position (cash, other current investments and fixed income investments held to maturity less total borrowings) rose to $1.6 billion, including the $328 million we collected from the sale of Republic Conduit. Four months into 2017, the recovery in shale drilling in the USA and Canada has been impressive. With oil and gas prices remaining rangebound ($50-55/bbl, $3.00-3.30/million BTU), however, we expect the pace of the recovery will slow down. In the rest of the world, signs of recovery are more scarce, as oil and gas companies focus on strengthening cash flow and their financial position. In Latin America, drilling activity has been recovering from a very low base and, in Argentina various operators have announced investments in the Vaca Muerta shale play. We estimate that global demand for OCTG products in 2017 will increase in the range of 35-40% with respect to 2016. The demand increase is concentrated in USA and Canada, where we have been implementing our Rig Direct™ program, reopening our Canadian mills and starting up the heat treatment and threading facilities of our new mill in Bay City, Texas. Our sales and EBITDA in the second quarter should be in line with those of this first quarter as further increases in sales in the USA are counterbalanced by seasonal effects in Canada and a lower quarterly level of shipments to the Middle East. In the second half of the year, sales should increase driven by higher demand from Rig Direct™ customers in North America and Argentina and line pipe shipments to Eastern Mediterranean offshore gas projects in the fourth quarter. Our EBITDA should also increase with margins improving based on a better absorption of fixed costs. Although pricing conditions are improving, particularly in North America, average revenue per ton will continue to be held back by a changing regional mix and the prices in our Eastern Hemisphere backlog. Net sales of tubular products and services increased 10% sequentially but declined 4% year on year. In North America sales increased 42% sequentially, reflecting an increase in drilling activity in the United States and Canada. In South America sales declined 4% due to lower demand for OCTG and line pipe in Argentina partially offset by higher shipments of connectors in Brazil and higher OCTG demand in Colombia. In Europe sales increased 7% as demand for mechanical pipe and line pipe for power generation and hydrocarbon processing industry remained stable while higher sales of OCTG in North Sea were partially offset by lower sales elsewhere. In the Middle East and Africa sales declined 17% as shipments for Zohr phase 1 were completed in January and we had a low level of demand in sub-Saharan Africa. In Asia Pacific sales increased 20% due to Rig Direct sales to Chevron in Thailand at full regimen but demand in the rest of the region continues to be low. Operating income from tubular products and services amounted to $31 million in the first quarter of 2017, compared to $5 million in the previous quarter and $21 million in the first quarter of 2016. The sequential increase is a result of an improvement in the margin; while average selling prices remained stable, we were able to reduce our costs due to a better absorption of fixed costs on higher volumes. Net sales of other products and services increased 9% sequentially but declined 10% year on year. The sequential increase in sales and operating income is due to increased revenues of sucker rods, coiled tubing and excess energy. Selling, general and administrative expenses, or SG&A, amounted to $294 million, or 25.5% of net sales, in the first quarter of 2017, compared to $280 million, 26.8% in the previous quarter and $279 million, 23.1% in the first quarter of 2016. Sequentially, SG&A declined as a percentage of sales due to a better absorption of fixed costs on higher sales and lower provisions for contingencies. Financial results amounted to a loss of $4 million in the first quarter of 2017, compared to a gain of $23 million in the previous quarter and a loss of $15 million in the first quarter of 2016, mainly explained by the negative impact from Euro appreciation against the U.S. dollar on Euro denominated intercompany liabilities in subsidiaries with functional currency U.S. dollar. These results are to a large extent offset in equity, in the currency translation adjustment reserve. Equity in earnings of non-consolidated companies generated a gain of $35 million in the first quarter of 2017, compared to a gain of $15 million in the previous quarter and a gain of $12 million the first quarter of 2016. These results are mainly derived from our equity investment in Ternium ( : TX) and Usiminas (BSP: USIM). Income tax amounted to a gain of $47 million in the first quarter of 2017, primarily reflecting the effect of the Mexican and Argentine peso revaluation on the tax base used to calculate deferred taxes at our Mexican and Argentine subsidiaries which have the U.S. dollar as their functional currency. This result offsets to a large extent the income tax charge for the same concept that was generated in the previous quarter due to a devaluation of the Mexican and Argentine peso. Results for discontinued operations amounted to $92 million in the first quarter of 2017, reflecting the after tax result of the sale of Republic Conduit, which was closed in January 2017. Results attributable to non-controlling interests amounted to zero in the first quarter of 2017, compared to a $9 million loss in the previous quarter and a gain of $10 million attributable to non-controlling interests in the first quarter of 2016. These results are mainly originated at our subsidiray in Japan, NKKTubes and at our pipe coating subsidiary in Nigeria. Net cash provided by operations during the first quarter of 2017 was $26 million, compared to $309 million in the first quarter of 2016 and $79 million used in the previous quarter. Capital expenditures amounted to $139 million for the first quarter of 2017, compared to $158 million in the previous quarter and $230 million in the first quarter of 2016. At the end of the quarter, our net cash position (cash, other current investments and fixed income investments held to maturity less total borrowings) amounted to $1.6 billion, compared to $1.4 billion at the beginning of the year, as in January 2017 we collected $328 million from the sale of Republic Conduit. Tenaris will hold a conference call to discuss the above reported results, on April 28, 2017, at 10:00 a.m. (Eastern Time). Following a brief summary, the conference call will be opened to questions. To access the conference call dial in +1 877 730 0732 within North America or +1 530 379.4676 Internationally. The access number is " 9094268". Please dial in 10 minutes before the scheduled start time. The conference call will be also available by webcast at www.tenaris.com/investors. A replay of the conference call will be available on our webpage http://ir.tenaris.com/ or by phone from 1.00 pm ET on April 28th, through 11.59 pm on May 6th, 2017. To access the replay by phone, please dial 855 859 2056 or 404 537 3406 and enter passcode "9094268" when prompted. Some of the statements contained in this press release are "forward-looking statements". Forward-looking statements are based on management's current views and assumptions and involve known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied by those statements. These risks include but are not limited to risks arising from uncertainties as to future oil and gas prices and their impact on investment programs by oil and gas companies. EBITDA provides an analysis of the operating results excluding depreciation and amortization and impairments, as they are non-cash variables which can vary substantially from company to company depending on accounting policies and the accounting value of the assets. EBITDA is an approximation to pre-tax operating cash flow and reflects cash generation before working capital variation. EBITDA is widely used by investors when evaluating businesses (multiples valuation), as well as by rating agencies and creditors to evaluate the level of debt, comparing EBITDA with net debt. EBITDA is calculated in the following manner: This is the net balance of cash and cash equivalents, other current investments and fixed income investments held to maturity less total borrowings. It provides a summary of the financial solvency and liquidity of the company. Net cash / (debt) is widely used by investors and rating agencies and creditors to assess the company's leverage, financial strength, flexibility and risks. Net cash/debt is calculated in the following manner: Net cash= Cash and cash equivalents + Other investments (Current) + Fixed income investments held to maturity - Borrowings (Current and Non-current). Free cash flow is a measure of financial performance, calculated as operating cash flow less capital expenditures. FCF represents the cash that a company is able to generate after spending the money required to maintain or expand its asset base. Free cash flow is calculated in the following manner: Free cash flow = Net cash (used in) provided by operating activities - Capital expenditures.
News Article | May 17, 2017
Oasis Smart SIM, the expert in (e)SIM embedded Operating System and mobile networks connectivity and activation solutions, announces today that it has been collaborating with Tata Communications to implement an end-to-end embedded connectivity solution in the recently-unveiled Tata Communications MOVE mobility and IoT platform. This will enable its enterprise customers’ mobile devices to connect seamlessly to the company’s global network, which provides them with enterprise-grade, secure connectivity across 240 countries and territories. The Oasis solution includes the supply of bespoke SIM and eSIM products to Tata Communications’ enterprise customers, together with the set-up of a state-of-the-art delivery and remote SIM provisioning center located in Singapore. Oasis’ custom-designed products and solutions are derived from EOS and Helios product ranges which were developed per the GSMA Remote SIM Provisioning technical specifications, but also offer cost-effective and technology-agnostic methods to implement profile provisioning in the IoT space. The solution is fully integrated with the Tata Communications MOVE platform through APIs. Mick Higgins, VP of Mobility, Tata Communications: “At Tata Communications we believe that everything should be ‘born connected’, with embedded connectivity within everything, and for everyone. Incorporating Oasis Smart SIM technology into Tata Communications MOVE will play a part in how we will enable our enterprise customers to connect seamlessly around the world, as they look to drive their digital transformation with the latest mobile technologies.” Olivier Leroux, CEO, Oasis: “At Oasis Smart SIM we’ve been working for years to provide a full end-to-end embedded connectivity solution based on the secure and reliable USIM technology. Our technology is already embedded in millions of devices in form of cards, modules or Integrated UICC. Our collaboration with Tata Communications is a further demonstration of the strength of our technology expertise.” About Oasis Smart SIM Oasis Smart SIM provides both end-to-end and customized services to enable the deployment of global USIM technology connectivity and management. Oasis' mission is to embed USIM technology in all connected devices and provide secure services to manage their activation and connectivity. This value proposition is ensured by Oasis offering: a full set of services for embedded and reprogrammable SIM, along with solutions for activation, connectivity and subscription management. Oasis contributes in shaping the globally connected world by combining leading edge USIM technology and disruptive business models in a migrated focus from products and solutions to software and services. About Tata Communications Tata Communications Limited (CIN no: L64200MH1986PLC039266) along with its subsidiaries (Tata Communications) is a leading global provider of A New World of Communications™. With a leadership position in emerging markets, Tata Communications leverages its advanced solutions capabilities and domain expertise across its global network to deliver managed solutions to multi-national enterprises and communications service providers. The Tata Communications global network includes one of the most advanced and largest submarine cable networks and a Tier-1 IP network with connectivity to more than 240 countries and territories across 400 PoPs, as well as nearly 1 million square feet of data centre and colocation space worldwide. Tata Communications’ depth and breadth of reach in emerging markets includes leadership in Indian enterprise data services and leadership in global international voice communications. Tata Communications Limited is listed on the Bombay Stock Exchange and the National Stock Exchange of India. http://www.tatacommunications.com
News Article | May 29, 2017
Ensuring conformity with 3GPP standards of IoT and M2M devices equipped with NB-IoT modules -- Narrow band-IoT (NB-IoT) is a low-power wide area network radio technology created for the Internet of Things (IoT) and machine-to-machine (M2M) world. The new Comprion NB-IoT USIM Test Bench will soon become mandatory for qualifying NB-IoT devices according to the Global Certification Forum (GCF). "We are pleased to be the first test equipment vendor offering a validated NB-IoT USIM conformance test solution", explains Abdul Majid Malik, Head of Comprion SIMfony Test Solutions. Jürgen Fischer, the responsible Lead Technical Advisor adds: "It ensures that IoT and M2M devices equipped with NB-IoT modules adhere to 3GPP standards avoiding any interoperability surprises."NB-IoT shall connect a wide range of devices and services in the IoT context by making use of low energy and a high radio range. "The technology is designed for application fields where conventional M2M channels such as mobile networks, DSL, Wi-Fi, or Bluetooth are unprofitable and for sites where the mobile network signals are too weak (for example, for transmitting smart metering data from cellars)", explicates Fischer. As NB-IoT bases on 3GPP standards, it uses currently unused frequencies of existing mobile networks in a narrow band that guarantees efficiency, stability, reliability, and future security.The new tests for NB-IoT terminals are now part of the test specification 3GPP TS 31.121 Rel-13 Version 13.6.0, which became part of the new GCF Work Item 266. USIM/USAT conformance testing is as essential for proper operation in the 3GPP NB-IoT network as it is for the LTE network. The test bench is useful for everyone intending to accurately evaluate the required specification conformity – be it chip and chipset manufacturers, terminal and M2M module vendors, mobile network operators, network infrastructure providers, test houses, test service providers, or UICC and card vendors.The new test bench is immediately available. It can be run on the Comprion SIMfony ( http://111879.seu2.cleverreach.com/ c/28744050/b4d9c9af22b... ) test solution with either the conformance tester UT³ Platform or the pre-conformance tester Prove 2 in combination with the R&S CMW500 network simulator.
Ismail W.,USIM |
Jali Z.,USIM |
Anuar K.,USIM |
Journal of Theoretical and Applied Information Technology | Year: 2015
In this paper, classification of brainwave using real world data from Parkinson’s patients is presented. Emotional model is produced from the classification of brainwave. Electroencephalograph (EEG) signal is recorded on eleven Parkinson’s patients. This paper aim to find the “best” classification for the emotional model in brainwave patterns for the Parkinson’s disease. The work performed based on the two method phases which are using the raw data and pre- processing data. In each of the method, we performed for steps in the sum of the hertz and divided by total hertz. In the pre-processing data we are using statistic mean and standard deviation. We used WEKA Application for the classification with 11 fold validation. As a results, implecart from the classification tree performed the “best” classification for the emotional model for Parkinson Patients. The Simplecart classification result is 84.42% accuracy. © 2005 - 2015 JATIT & LLS. All rights reserved.
Alauddin H.,National University of Malaysia |
Mohamad Nasir S.,Hospital Shah Alam |
Ahadon M.,University Malaysia Sarawak |
Raja Sabudin R.Z.A.,National University of Malaysia |
And 7 more authors.
Malaysian Journal of Pathology | Year: 2015
Haemoglobin (Hb) Lepore is a variant Hb consisting of two α-globin and two δβ-globin chains. In a heterozygote, it is associated with clinical findings of thalassaemia minor, but interactions with other haemoglobinopathies can lead to various clinical phenotypes and pose diagnostic challenges. We reported a pair of siblings from a Malay family, who presented with pallor and hepatosplenomegaly at the ages of 21 months and 14 months old. The red cell indices and peripheral blood smears of both patients showed features of thalassaemia intermedia. Other laboratory investigations of the patients showed conflicting results. However, laboratory investigation results of the parents had led to a presumptive diagnosis of compound heterozygote Hb Lepore/β-thalassaemia and co-inheritance α+-thalassaemia (-α3.7). Hb Lepore has rarely been detected in Southeast Asian countries, particularly in Malaysia. These two cases highlight the importance of family studies for accurate diagnosis, hence appropriate clinical management and genetic counseling. © 2015, Malaysian Society of Pathologists. All rights Reserved.
Kuswandi B.,University of Jember |
Putri F.K.,University of Jember |
Gani A.A.,University of Jember |
Journal of Food Science and Technology | Year: 2015
The use of chemometrics to analyse infrared spectra to predict pork adulteration in the beef jerky (dendeng) was explored. In the first step, the analysis of pork in the beef jerky formulation was conducted by blending the beef jerky with pork at 5–80 % levels. Then, they were powdered and classified into training set and test set. The second step, the spectra of the two sets was recorded by Fourier Transform Infrared (FTIR) spectroscopy using atenuated total reflection (ATR) cell on the basis of spectral data at frequency region 4000–700 cm−1. The spectra was categorised into four data sets, i.e. (a) spectra in the whole region as data set 1; (b) spectra in the fingerprint region (1500–600 cm−1) as data set 2; (c) spectra in the whole region with treatment as data set 3; and (d) spectra in the fingerprint region with treatment as data set 4. The third step, the chemometric analysis were employed using three class-modelling techniques (i.e. LDA, SIMCA, and SVM) toward the data sets. Finally, the best result of the models towards the data sets on the adulteration analysis of the samples were selected and the best model was compared with the ELISA method. From the chemometric results, the LDA model on the data set 1 was found to be the best model, since it could classify and predict 100 % accuracy of the sample tested. The LDA model was applied toward the real samples of the beef jerky marketed in Jember, and the results showed that the LDA model developed was in good agreement with the ELISA method. © 2015, Association of Food Scientists & Technologists (India).
Elgembari E.S.,USIM |
International Review on Computers and Software | Year: 2013
Mobile WiMAX is a wireless networking system based on the IEEE 802.16e standard. Currently, mobile WiMAX has a long handover delay that contributes to the overall end-to-end communication delay. Since the data transmission should be paused during the hard handover process, it causes handover delay in mobile communication. The handover delay makes severe degradation in system performance when implemented in real-time applications such as IPTV and VoIP. However, serving a large number of Mobile Stations (MS) in practice requires an efficient handover scheme which guarantees lower level of the handover delay, particularly within the mobility in the coverage area. Many factors are affecting the performance of the handover delay. In this paper, the study has been done on location management area based multimedia and multicast/broadcast handover and the modifying different velocity levels of Mobile WiMAX, by comparing the number of Cells and the size in the location area have shown how all these parameters within the simulation logarithm can affect the handover delay. © 2013 Praise Worthy Prize S.r.l. - All rights reserved.
Azma R.Z.,USIM |
Ainoon O.,USIM |
Hafiza A.,USIM |
Azlin I.,USIM |
And 3 more authors.
Malaysian Journal of Pathology | Year: 2014
Alpha (α) thalassaemia is the most common inherited disorder in Malaysia. The clinical severity is dependant on the number of α genes involved. Full blood count (FBC) and haemoglobin (Hb) analysis using either gel electrophoresis, high performance liquid chromatography (HPLC) or capillary zone electrophoresis (CE) are unable to detect definitively alpha thalassaemia carriers. Definitive diagnosis of α-thalassaemias requires molecular analysis and methods of detecting both common deletional and non-deletional molecular abnormailities are easily performed in any laboratory involved in molecular diagnostics. We carried out a retrospective analysis of 1623 cases referred to our laboratory in Universiti Kebangsaan Malaysia Medical Centre (UKMMC) for the diagnosis of α-thalassaemia during the period October 2001 to December 2012. We examined the frequency of different types of alpha gene abnormalities and their haematologic features. Molecular diagnosis was made using a combination of multiplex polymerase reaction (PCR) and real time PCR to detect deletional and non-deletional alpha genes relevant to southeast Asian population. Genetic analysis confirmed the diagnosis of α-thalassaemias in 736 cases. Majority of the cases were Chinese (53.1%) followed by Malays (44.2%), and Indians (2.7%). The most common gene abnormality was αα/--SEA (64.0%) followed by αα /- α 3.7 (19.8%), - α 3.7/--SEA (6.9%), αα/αα CS (3.0%), --SEA/--SEA (1.2%), - α 3.7/- α 3.7 (1.1%), αα/-α4.2 (0.7%), -α 4.2/--SEA (0.7%), -α3.7/-α 4.2 (0.5%), αα CS/-- SEA (0.4%), αα CS/ααCd59 (0.4%), ααCS/αα CS (0.4%), -α3.7/αα Cd59 (0.3%), αα/ααCd59 (0.1%), αα Cd59/ ααIVS I-1 (0.1%), -α3.7/ααCS (0.1%) and --SEA /αα Cd59 (0.1%). This data indicates that the molecular abnormalities of α-thalassaemia in the Malaysian population is heterogenous. Although α-gene deletion is the most common cause, non-deletional α-gene abnormalities are not uncommon and at least 3 different mutations exist. Establishment of rapid and easy molecular techniques is important for definitive diagnosis of alpha thalassaemia, an important prerequisite for genetic counselling to prevent its deleterious complications.