HOUSTON--(BUSINESS WIRE)--NOV Inc. (NYSE: NOV) today announced Scott K. Duff Vice President, Corporate Controller and Chief Accounting Officer, notified the Company of his intention to retire. Mr. Duff will step down from his current role effective November 1, 2021 and remain employed as an advisor until his retirement on February 28, 2022. Christy H. Novak will succeed Mr. Duff as Vice President, Corporate Controller and Chief Accounting Officer effective November 1, 2021.
“On behalf of the entire organization I would like to thank Scott for his innumerable contributions during his nearly 18-year career with NOV,” commented Jose Bayardo, Senior Vice President and Chief Financial Officer. “Scott’s leadership, underpinned by intelligence, rigor, discipline and integrity, will have a lasting influence on our organization. I am especially grateful for the deep bench of talented professionals he developed and mentored within our accounting organization, including Christy Novak, who will carry forward his legacy of excellence. Scott will be greatly missed by all of us at NOV and we wish him the very best in his retirement.”
“We are excited to announce the promotion of Christy Novak to be NOV’s Chief Accounting Officer. As a key executive within our finance organization over the past 16 years, Christy has proven her capabilities as a builder and leader of high performing teams, a driver of continuous process improvements, and a strong technical accountant. She is a true professional and we are eager to see the positive impact she will have on our accounting group and on the broader organization as a member of the leadership team within NOV.”
Christy Novak has served as NOV’s Vice President of Accounting Systems since August 2020, where she has been leading efforts to design, implement, rationalize, and improve efficiencies of NOV’s accounting systems and processes. From October 2013 to August 2020, she served as the Vice President of Finance for the Company’s Rig Technologies operating segment. During her 16 years with NOV, Ms. Novak has advanced through several positions of increasing responsibility and successfully led initiatives to strengthen and streamline accounting functions. Prior to joining NOV, she spent nearly 10 years in public accounting with Ernst & Young where she served various audit clients in the manufacturing and energy industries. Ms. Novak graduated from Texas A&M University with a BBA in Accounting and is a Certified Public Accountant.
About NOV
NOV (NYSE: NOV) delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has pioneered innovations that enable its customers to safely produce abundant energy while minimizing environmental impact. The energy industry depends on NOV’s deep expertise and technology to continually improve oilfield operations and assist in efforts to advance the energy transition towards a more sustainable future. NOV powers the industry that powers the world.
Visit www.nov.com for more information.
Blake McCarthy
Vice President, Corporate Development and Investor Relations
(713) 815-3535
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CLEARWATER, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, today announced that Adam M. Johnson has been elected to its Board of Directors.
Adam Johnson has served as the Chairman and Chief Executive Officer of NetJets, Inc. since June 2015. During his 25-year career with NetJets, a Berkshire Hathaway company, he has served in many senior leadership roles including: President of Global Sales, Marketing and Service; Senior Vice President of NetJets Administrative Services; Senior Vice President of Logistics; and Executive Director of the NetJets Aviation Flight Center. Adam received a bachelor’s degree in business management from Ohio State University and is a licensed pilot.
William Brett McGill, Chief Executive Officer and President of the Company, stated, “We are very excited and honored to have Adam join our Board of Directors. Adam’s passion for business aviation and his dedication to safety and service for NetJets customers aligns well with MarineMax’s commitment to exceeding our customer’s expectations. We are confident that he will be a strong addition to our Board and his years of experience, plus his passion for boating, will complement our ongoing efforts to continue profitably growing MarineMax. On behalf of the Board, we welcome Adam and look forward to his future contributions to the Company.”
Adam Johnson added, “I am excited to join the MarineMax Board of Directors. MarineMax, like NetJets, is the clear leader in their industry. Many similarities exist between the two business models and I look forward to the opportunity to assist the Company in achieving its strategic goals and objectives.”
About MarineMax
MarineMax is the world’s largest recreational boat and yacht retailer, selling new and used recreational boats, yachts and related marine products and services, as well as providing yacht brokerage and charter services. MarineMax has over 100 locations worldwide, including 77 retail dealership locations, which includes 31 marinas or storage operations. Through Fraser Yachts and Northrop and Johnson, the Company also is the largest super-yacht services provider, operating locations across the globe. Cruisers Yachts, a MarineMax company, manufacturers boats and yachts with sales through our select retail dealership locations and through independent dealers. MarineMax provides finance and insurance services through wholly owned subsidiaries and operates MarineMax Vacations in Tortola, British Virgin Islands. The Company also operates Boatyard, a pioneering digital platform that enhances the boating experience. MarineMax is a New York Stock Exchange-listed company (NYSE: HZO). For more information, please visit www.marinemax.com.
Forward Looking Statement
Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include Mr. Johnson's contributions to the Board, the Company's efforts to continue profitably growing, and the Company's achievement of its strategic goals and objectives. These statements are based on current expectations, forecasts, risks, uncertainties and assumptions that may cause actual results to differ materially from expectations as of the date of this release. These risks, assumptions and uncertainties include the Company’s abilities to reduce inventory, manage expenses and accomplish its goals and strategies, the quality of the new product offerings from the Company’s manufacturing partners, the impacts (direct and indirect) of COVID-19 on the Company’s business, the Company’s employees, the Company’s manufacturing partners, and the overall economy, general economic conditions, as well as those within our industry, the level of consumer spending, the Company’s ability to integrate acquisitions into existing operations, and numerous other factors identified in the Company’s Form 10-K for the fiscal year ended September 30, 2020 and other filings with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Michael H. McLamb
Chief Financial Officer
Media:
Abbey Heimensen
Public Relations
MarineMax, Inc.
727-531-1700
Investors:
Brad Cohen
ICR, LLC
203-682-8211
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Dawn Francfort
646-677-1859
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MEMPHIS, Tenn.--(BUSINESS WIRE)--Riverview Acquisition Corp. (Nasdaq:RVACU) ("RVAC" or the "Company") announced that holders of the units sold in the Company's initial public offering of 25,000,000 units completed on August 10, 2021 (the "offering") may elect to separately trade the shares of Class A common stock and warrants included in the units commencing on September 28, 2021. Any units not separated will continue to trade on The Nasdaq Capital Market under the symbol "RVACU", and each of the shares of Class A common stock and warrants will separately trade on The Nasdaq Capital Market under the symbols "RVAC" and "RVACW," respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their broker contact Continental Stock Transfer & Trust Company, the Company's transfer agent, in order to separate the units into shares of Class A common stock and warrants.
The Company is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
The units were initially offered by the Company in an underwritten offering. Cantor Fitzgerald & Co. acted as book-running manager and Stephens Inc. acted as co-manager in the offering.
The offering was made only by means of a prospectus, copies of which may be obtained on the U.S. Securities and Exchange Commission website at http://www.sec.gov. Alternatively, copies of the prospectus may be obtained from Cantor Fitzgerald & Co., 499 Park Avenue, New York, NY 10022, or by e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it..
A registration statement relating to the securities became effective on August 5, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any State or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State or jurisdiction.
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute "forward-looking statements," including with respect to the search for an initial business combination. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of RVAC, including those set forth in the Risk Factors section of the Company's registration statement for RVAC's initial public offering filed with the Securities and Exchange Commission ("SEC"). Copies are available on the SEC's website, www.sec.gov. RVAC undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Jason Chudoba, 646-277-1249
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or
Megan Kivlehan, 646-677-1807
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WATERTOWN, Mass.--(BUSINESS WIRE)--WiTricity, the company wirelessly charging the future of mobility, has hired Stephen Tsao as managing director for Asia, based in Hong Kong. Tsao was previously the company’s managing director for Greater China from 2015-2019. He rejoins WiTricity to lead a team that will expand WiTricity’s relationships with automakers and their Tier 1 suppliers across the Asian continent, most notably in China and South Korea, to commercialize wireless electric vehicle (EV) charging.
Tsao specializes in transforming advanced, innovative technologies like EV wireless charging into mass-produced, commercialized products. His experience includes semiconductor development, end-product design, manufacturing, and channel sales. Prior to his latest role at WiTricity, Tsao was senior vice president of global business development at Season Group, a global, vertically integrated electronic manufacturing solutions (EMS) provider with specialty in product design and IoT connectivity. Tsao previously held roles as CEO of Giant Wireless, VP of sales & marketing of WE3 Technology Company Ltd., and marketing director at Freescale Semiconductor and Motorola. He received his MS in electrical engineering at Texas A&M University.
“I’m thrilled to rejoin WiTricity and continue to pursue my passion to deliver world-class wireless charging solutions for EVs across Asia,” said Tsao. “The EV market is exploding in Asia. China has been leading the world in putting EVs on the road, and IHS Markit predicts that if government mandates remain intact, 100% of new car sales in the country will be electric by 2050. Asia presents a massive opportunity for WiTricity, and our goal is to ensure all EVs on the streets are equipped with wireless charging.”
WiTricity’s wireless charging technology enables EVs of all sizes to automatically charge while parked, hands-free, providing numerous benefits to consumers who own EVs, EV fleet operators, and enabling true autonomous mobility. WiTricity’s patented technology is being incorporated into global automakers’ and Tier 1 suppliers’ EV roadmaps, including the VIE Group, Green Power, Yura and Anjie Wireless Technologies in Asia, and is the foundation for global standards developed to support wide-scale adoption of EVs with wireless charging, including the GB standard for wireless charging of EVs in China.
“Global automakers, especially those in Asia, are investing in the development and production of wireless charging technology because they recognize that making EV charging a simple, efficient, and hands-free experience is key to driving mass EV adoption. Stephen’s experience in high volume manufacturing in the region adds tremendous value to our existing relationships with automakers and Tier 1 suppliers and enable us to expand and contribute to a greener future for Asia,” said Alex Gruzen, WiTricity CEO. “We’re excited to have Stephen back to drive our success in the region.”
For more about WiTricity, visit witricity.com.
About WiTricity
WiTricity is the global industry leader in wireless charging, powering a sustainable future of mobility that is electric and autonomous. WiTricity’s patented magnetic resonance technology is being incorporated into global automakers’ and Tier 1 suppliers’ EV roadmaps and is the foundation of major global standards developed to support wide-scale adoption. Advancements like dynamic charging of moving vehicles, and the charging of autonomous robots and vehicles without human intervention all depend on WiTricity technology. See how WiTricity enables a magically simple, efficient charging experience.
Allison Webster for WiTricity
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(617) 426-2222
JENBACH, Austria--(BUSINESS WIRE)--To better serve the growing power and grid reliability needs in Indonesia, INNIO Jenbacher and Clarke Energy today announced that they have recently signed an agreement to extend Clarke Energy’s distribution territory of Jenbacher gas engines to Indonesia with focus on Independent Power Producers (IPP) and Merchant Power Producers (MPP). Clarke Energy offerings will focus primarily on natural gas applications for IPPs and MPPs in Indonesia. Additionally, in 2022, Clarke Energy can also offer Jenbacher natural gas engines with a “Ready for H2” option that allows the engines the capability to be readily converted from natural gas to up to 100% hydrogen operation. With this agreement, Clarke Energy is now the distributor of INNIO’s Jenbacher gas engines in 28 countries worldwide.
“Power generation in Indonesia is critical to its growing economy and heavily depending on coal and oil-based fuels. As Indonesia moves to increase the share of renewable energy, providing Jenbacher natural gas-powered engines will help support decarbonization and grid reliability with fast starting and highly efficient assets,” commented Carsten Dommermuth, Vice President and General Manager APAC at INNIO Jenbacher. “Our gas engine technologies help close supply-and-demand gaps, creating more power stability for power producers across Indonesia and helps reduce their carbon footprint. Clarke Energy will provide significant value in helping both independent and merchant power producers deliver much needed base-load power to the Indonesian grid.”
“We are pleased to add Indonesia to list of countries that we distribute Jenbacher gas engine technology and services. We look forward to installing INNIO’s advanced natural gas-fueled Jenbacher gas engines to provide dependable on-site power for Indonesian companies,” said Jamie Clarke, Chief Executive Officer of Clarke Energy. “Our engineers will work hard with customers across Indonesia to help secure the country’s energy future by expanding the use of climate friendly distributed-power technologies to enhance local energy reliability.”
As a large archipelago, Indonesia is comprised of more than 17,000 islands. These islands stretch 5,000 kilometers across Southeast Asia and Oceania. With an estimated population of more than 250 million people, Indonesia is the fourth most populous country in the world, the largest country in Southeast Asia, and the seventh largest global economy in terms of purchasing power. Indonesia’s Electricity Power Supply Business Plan (RUPTL) has estimated that the countries annual electricity demand will increase by 6.4% through 2028. The Indonesian government has laid out an overall strategy for its energy sector that emphasizes diversification, environmental sustainability, and maximum use of domestic energy resources, which includes natural gas.
Clarke Energy has been a distributor for INNIO Jenbacher for over 25 years. With this expansion, Clarke Energy is now the distributor for INNIO Jenbacher gas engines in 28 countries, including Algeria, Australia, Bangladesh, Botswana, Cameroon, Cote d’Ivoire, Democratic Republic of Congo, France, Ghana, India, Indonesia, Ireland, Kenya, Lesotho, Morocco, Mozambique, New Zealand, Nigeria, Papua New Guinea, Rwanda, South Africa, Swaziland, Tanzania, Tunisia, Malawi, the United Kingdom and parts of the U.S.
About INNIO
INNIO is a leading provider of renewable gas, natural gas, and hydrogen-rich solutions and services for power generation and gas compression at or near the point of use. With our Jenbacher and Waukesha gas engines, INNIO helps to provide communities, industry and the public access to sustainable, reliable and economical power ranging from 200 kW to 10 MW. We also provide life-cycle support and digital solutions to the more than 53,000 delivered gas engines globally, through our service network in more than 100 countries. We deliver innovative technology driven by decarbonization, decentralization, and digitalization to help lead the way to a greener future. Headquartered in Jenbach, Austria, the business also has primary operations in Welland, Ontario, Canada, and Waukesha, Wisconsin, U.S. For more information, visit the company's website at www.innio.com. Follow INNIO on Twitter and LinkedIn.
About Clarke Energy
Clarke Energy, a KOHLER Group company, is a leader in the engineering, design, installation and maintenance of installations equipped with Jenbacher gas engines. Clarke Energy is INNIO Jenbacher's authorized distributor in 28 countries, employs 1,200 employees across these territories and has over 7 GW of INNIO Jenbacher gas engines installed worldwide. For more information, visit Clarke Energy website here www.clarke-energy.com Follow Clarke Energy on LinkedIn and Twitter.
Susanne Reichelt
INNIO
+43 664 80833 2382
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Alex Marshall
Clarke Energy
+44 151 546 4446
+44 7917066242
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DUBLIN--(BUSINESS WIRE)--The "Transformative Mega Trends in the Indian Solar Inverters Market" report has been added to ResearchAndMarkets.com's offering.
This report explores the various market drivers and the challenges that suppliers face. Along with the current installed capacity of different states, hotspots in the country with high solar potential are also mapped.
The competitive environment, market share of top competitors, revenue forecast, and pricing trends are also discussed. Market segmentation is based on inverter type and capacity, and market revenues of each segment have been discussed for the 2021 to 2025 forecast period.
Growth opportunities that market players can capitalize on are analyzed along with key market end-user verticals. The impact of the COVID-19 pandemic has been incorporated into the analyses and an achievable annual capacity addition has been forecasted in the report.
The opportunity size of the market is based on the government's cost benchmark and the publisher estimates the Indian solar inverters market to register a CAGR of 3.9%. In terms of revenue, the C&I segment is expected to register the highest CAGR at 7.0%.
India is a signatory to the Paris climate change agreement, which requires at least 40% of its energy to be from renewable sources by 2030. By 2022, India targets 175GW from renewable sources, out of which it plans to achieve 100GW from solar sources with rooftop solar contributing about 40GW.
The Ministry of Renewable Energy has launched a number of schemes to achieve this target and introduced policy measures, such as RPOs, that mandate a certain percentage of power distributed to be from renewable sources. The policy environment is briefly discussed in this study in addition to the various schemes available for participants in the market.
The falling costs of equipment and overall levelized cost of electricity (LCOE) have further spurred the adoption of renewable energy creating the demand for inverters. To encourage local manufacturing, the government has taken various initiatives, such as increasing customs duty on imported inverters.
Key Issues Addressed
Key Topics Covered:
1. Strategic Imperatives
2. Growth Opportunity Analysis, Indian Solar Inverters Market
3. Growth Opportunity Analysis, Residential Segment
4. Growth Opportunity Analysis, Commercial & Industrial Segment
5. Growth Opportunity Analysis, Utilities Segment
6. Growth Opportunity Universe, Indian Solar Inverters Market
For more information about this report visit https://www.researchandmarkets.com/r/xmkhns
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Facility provides end-to-end logistics solutions and other FedEx services
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Logistics, a subsidiary of FedEx Corp. (NYSE: FDX) and provider of specialty solutions that support FedEx services and facilitate global trade, announced the opening of an office in Seoul, South Korea, in the latest expansion of its worldwide network.
“The new office in Korea complements our global operations, strengthening our position to better serve our customers around the world,” said Patrick Moebel, President of FedEx Trade Networks. “Global customers who trade with Korea and Korean customers alike will benefit from the fully customizable solutions offered by FedEx Logistics. We deliver for our customers by helping them navigate the complexities of global commerce.”
The new FedEx Logistics Korean organization will provide one-source, end-to-end logistics solutions, including international air and ocean cargo services, customs brokerage arrangements, and trade solutions, as well as a range of value-added services.
“This is an exciting moment for FedEx Logistics and one that brings tremendous opportunity,” said Edward Hui, Vice President for Asia Pacific, Middle East, and Africa (AMEA) at FedEx Logistics. “Korea is a key player in international trade. In addition to the substantial enhancement in service level, customers will gain access to the unparalleled global reach of FedEx guided by local, Korean expertise.”
The enhanced FedEx presence in Korea illustrates the company’s role in helping to expand global trade, build nimble supply chains and transport local products and services to customers around the world. The opening follows the company’s latest growth strategy to expand into economies with great potential and reinforces its continuous commitment to delivering best-in-class services. The FedEx Logistics AMEA region works within the global FedEx network to provide customers with logistics solutions to more than 220 countries and territories.
About FedEx Logistics
FedEx Logistics plays a key role within the FedEx portfolio, which connects 99 percent of the world’s gross domestic product (GDP) with its comprehensive suite of specialty logistics solutions. The company provides air and ocean cargo forwarding, supply chain solutions, specialty transportation, cross border e-commerce technology services, customs brokerage arrangements, and trade management tools and data from a single trusted source. For more information, visit fedex.com/logistics.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $87 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively and innovating digitally under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its 560,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.
Christina Meek, 901-304-9495
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SAN JOSE, Calif.--(BUSINESS WIRE)--$BE--Bloom Energy Corporation (NYSE:BE) today announced the appointment of Edward Vallejo as vice president, investor relations, effective September 27, 2021. In this role, Vallejo will focus on articulating the company’s values, interests, and positions to the investment community.
Vallejo brings over two decades of experience as a financial and operational executive, including extensive work in finance, as well as launching and developing an investor relations department. Before joining Bloom Energy, Vallejo served as vice president of investor relations and ESG reporting at American Water.
“On behalf of the entire leadership team, we welcome Ed to Bloom Energy,” said Greg Cameron, executive vice president and CFO, Bloom Energy. “Ed’s proven record and expertise as a financial executive working in investor relations and financial strategy will bolster Bloom Energy’s next phase of growth and investment. As the energy sector continues to transition, Bloom Energy has the opportunity to advance new technology and business models enhancing the health and livelihoods of the communities we serve. We look forward to having Ed communicate progress against our mission to Bloom Energy’s investors.”
Throughout his career, Vallejo has navigated progressive roles in financial strategy. In his most recent role, he oversaw the development and execution of a strategic best-in-class investor relations platform. Vallejo ensured that business strategy and progress was understood by the analyst and investor community and served as the company’s primary spokesperson and information conduit to investors.
“I am thrilled to be joining such a transformational company, at a critical time when clean energy is top of mind as we look to provide customers with options for energy resiliency,” said Vallejo. “I’m excited to be joining the team as they advance Bloom Energy’s mission to provide cost-effective and reliable energy for everyone around the world.”
Vallejo held a number of senior executive roles throughout his tenure at American Water, including vice president of financial planning and investor relations, vice president of financial strategy, planning and modeling, and vice president of investor relations. In the earlier stages of his career with the company, Vallejo held roles as IPO project manager, vice president of mergers and acquisitions, and treasurer. He also previously served as CFO at Thames Water Chile.
Vallejo holds a bachelor’s degree in economics from New York Institute of Technology and a Master of Business Administration in finance from the Stern School of Business at New York University and is a member of the Board of Trustees at La Salle Prep High School.
About Bloom Energy
Bloom Energy’s mission is to make clean, reliable energy affordable for everyone in the world. The company’s product, the Bloom Energy Server, delivers highly reliable and resilient, always-on electric power that is clean, cost-effective, and ideal for microgrid applications. Bloom’s customers include many Fortune 100 companies and leaders in manufacturing, data centers, healthcare, retail, higher education, utilities, and other industries. For more information, visit www.bloomenergy.com.
Media Contact:
Jennifer Duffourg
408.543.1566
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Investor Relations:
Ed Vallejo
267.370.9717
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DENVER--(BUSINESS WIRE)--Liberty Oilfield Services Inc. (NYSE: LBRT; “Liberty”) announced today that its team has collectively achieved the milestone of 24-hours of continuous plug and perf pumping time for Kaiser-Francis Oil Company in the Permian Basin. By delivering a full 1,440 minutes of pumping time with zero non-productive time, Liberty crews were able to attain the premier goal of Liberty’s Operation 1440.
Operation 1440 was formed at Liberty in early 2021 to improve throughput on location. Liberty teams worked together to assess how to optimize the use of each of the 1,440 minutes in a day for pumping and perforating operations, effectively eliminating non-productive and non-pumping time. On September 22, 2021, Liberty reached this goal for the first time on a plug and perf completion. Liberty’s unique approach to maximizing efficiency using real-time data tracking, predictive analytics and supply chain and logistics integration allowed Liberty teams to achieve a 24-hour period of continuous plug and perf pumping record. Real-time well swap automation with Downing’s Freedom Series system was used in the completion. Liberty frac and wireline crews worked in tandem to eliminate non-productive time on location and utilize real-time data to dynamically respond to above ground equipment maintenance, subsurface design changes, and logistics coordination.
“From the beginning, Liberty has focused on safety and technology to become more agile and efficient. Efficiency is a win-win-win, resulting in reduced cost for our customers, lower environmental impact and increased profitability for Liberty,” said CEO, Chris Wright. “Today’s announcement marks the beginning of what is possible with Operation 1440. Liberty frac and wireline crews worked in concert with Downing to safely achieve the momentous goal of eliminating downtime and continuously pumping all 1,440 minutes in the day. I am proud of the Liberty team for reaching new heights during an unconventional time in the oil and gas cycle.”
Liberty teams utilized Downing’s Freedom Series iControl, a completion system that instantaneously transitions from one well to the other, opening the second well and subsequently shutting-in the first well, all while pumping, eliminating the time between stages.
“Kaiser-Francis is excited about the accomplishment of 24 hours of continuous pumping. It is a significant milestone that was made possible by the commitment of Liberty and Downing both to advance the technology, and to work together on location in the field,” said Tom Redman, Chief Operating Officer, Kaiser-Francis Oil Company.
“We are proud to partner with Liberty. Achieving 1440 has been a shared goal, and hitting this milestone is a testament to the incredible people involved in this project,” said Zac Graves, CEO of Downing’s parent company, SEF Energy. “We look forward to continuing to set the standard in terms of safety and efficiency in well completions.”
About Liberty
Liberty is a leading North American oilfield services firm that offers one of the most innovative suites of completion services and technologies to onshore oil and natural gas exploration and production companies. Liberty was founded in 2011 with a relentless focus on developing and delivering next generation technology for the sustainable development of unconventional energy resources in partnership with our customers. Liberty is headquartered in Denver, Colorado. For more information about Liberty, please contact Investor Relations at This email address is being protected from spambots. You need JavaScript enabled to view it.
Michael Stock
Chief Financial Officer
303-515-2851
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EXCELSIOR, Minn.--(BUSINESS WIRE)--Excelsior Energy Capital (“Excelsior”), a leading independent North American renewable energy investor, announced today that its flagship fund – Excelsior Renewable Energy Investment Fund I (the “Fund”) – has closed on the acquisition of 100 percent of Santander Bank, N.A.’s Class A tax equity interests in the 25 MWDC El Centro Solar Project (the “Project”), located in El Centro, California. Mitsubishi HC Capital Inc. and Shikoku Electric Power Co., will invest alongside the Fund to own the asset. The Project has a long-term power purchase agreement with an investment-grade public utility and benefits from over 8-years of operating history.
The Fund acquired the Class B cash equity interests in 2019 and plans to implement identified performance upgrades as it seeks to further optimize the Project. This transaction is a way for the Fund to deploy follow-on capital into existing investments while streamlining the capital structure. This type of transaction allows the existing tax equity (Class A) investor to redeploy its capital into new renewable energy projects, fostering industry growth.
Anne Marie Denman, Partner at Excelsior, said: “The acquisition of tax equity in Fund portfolio investments is an important investment strategy for Excelsior Energy Capital. The Excelsior team is already very familiar with the Project given its original investment of the El Centro Solar project’s cash equity interests in early 2019. With this investment Excelsior is able to optimize the Project’s capital structure and pursue other value-add strategies for what is already a very strong asset.”
About Excelsior Energy Capital
Excelsior Energy Capital is a pure-play renewable energy infrastructure fund focused on long-term investments in wind and solar power plants in North America. The Excelsior Team brings over 100 years of combined experience and a comprehensive set of strategic, financial, legal and operational expertise; making Excelsior Energy Capital a valuable partner for developers and operators, and a trusted manager for investors. For more information, visit http://www.excelsiorcapital.com.
Alex Ellis
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HOUSTON--(BUSINESS WIRE)--Expro Group, an international energy services company with market leadership in well access and well flow optimization, has appointed Karen David-Green to the newly created position of Chief Communications, Stakeholder and Sustainability Officer.
Ms. David-Green is a seasoned executive with considerable experience leading communications, marketing and investor relations functions, with particular expertise in the energy industry. At Expro, she is responsible for leading the planning and execution of the Company’s communication and engagement with key stakeholders, including analysts, investors and employees, as well as its sustainability initiatives and environmental, social and governance (ESG) reporting. She reports to Mike Jardon, Chief Executive Officer of Expro.
“Karen brings deep and highly relevant experience to Expro – her prior success overseeing investor relations, communications and sustainability programs will be invaluable as we enter Expro’s next chapter as a public company through our combination with Frank’s International,” said Mr. Jardon. “Karen is uniquely qualified to help us build a best-in-class program to deepen our engagement with key stakeholders and articulate our clear vision for the future of our company and the role we play in helping our customers deliver on a lower carbon future.”
“Expro is a global industry leader at the forefront of the energy transition, and I am honored to join the company at this critical point in its history,” said Ms. David-Green. “I look forward to continuing to work with the management team to ensure Expro demonstrates leadership, accountability and transparency as it drives growth and value creation for the benefit of customers, shareholders and other stakeholders.”
About Karen David-Green
Ms. David-Green joins Expro after spending ten years in communications, marketing and investor relations leadership positions with Weatherford International plc, most recently as Senior Vice President, Stakeholder Engagement & Chief Marketing Officer. In that role she led the company’s global marketing, communications and investor relations strategy and established Weatherford’s Sustainability Leadership Council and Working Group, which guided the company’s ESG and sustainability agenda. She previously served as Vice President, Corporate Marketing and Investor Relations, as well as Vice President, Communications and Investor Relations. Prior to joining Weatherford in 2010, she spent 15 years on Wall Street including serving as Executive Director of U.S. Equity Research, Oil Services & Equipment at Oppenheimer & Co., Inc.
About Expro
Expro is a provider of well flow optimization services, combining technology with high quality data across well flow management, subsea well access, well intervention and production solutions, with a specific focus on offshore, deepwater and other technically challenging environments. Expro provides well flow management services in many of the world’s major offshore and onshore basins and has nearly 50 years of experience assisting its customers in all aspects of well management, from exploration and appraisal through to mature field production optimization and eventual well abandonment. Founded in 1973, Expro has approximately 4,000 employees and 900 contractors and provides services to leading exploration and production companies in both onshore and offshore environments in approximately 50 countries with over 100 locations.
For more information, please visit: www.exprogroup.com and connect with Expro on Twitter @ExproGroup and at www.linkedin.com/company/expro
Investor contact:
Karen David-Green - Chief Communications, Stakeholder & Sustainability Officer
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+1 281 994 1056
Media contact:
Hannah Rumbles - Global Marketing and Communications Manager
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+44 1224 796 729
Consumer products leader saves energy and optimizes production processes in manufacturing facilities, shrinking its carbon footprint
ST. LOUIS--(BUSINESS WIRE)--Global software, technology and engineering leader Emerson (NYSE: EMR) is collaborating with S&P 100 consumer products manufacturer Colgate-Palmolive Company (NYSE: CL) to reduce wasted energy in Colgate’s product packaging facilities and contribute to its goal of achieving net zero carbon emissions in operations by 2040. Armed with data from Emerson’s advanced sensor technologies and analytics, Colgate has already seen a 15% reduction in energy usage on several toothpaste and toothbrush packaging lines and expects even greater energy savings as the technology is rolled out more widely.
The project is part of Colgate’s digital transformation program and uses specialized AVENTICS™ pneumatic sensors and IIoT-enabled software architecture to precisely monitor compressed air flow in real time to identify leaks, optimize pneumatic processes and improve air flow efficiency. Given the heavy reliance on pneumatics in large-scale consumer goods production, reducing the amount of energy associated with compressed air contributes not only to sustainability efforts, but also to overall equipment health and reliability.
“Colgate is a caring, innovative growth company that’s reimagining a healthier future for all people, their pets and our planet. This collaboration is an excellent example of how the power of digitalization is helping us achieve our purpose by meeting our global sustainability and performance ambitions,” said Warren Pruitt, Vice President Global Engineering Services, Colgate-Palmolive. “Saving energy through air flow monitoring is just the tip of the iceberg. With a test-and-learn mindset, we’re able to scale successful lessons across our global footprint and help achieve our sustainability objectives.”
In Colgate’s implementation, Emerson’s AVENTICS AF2 Smart Flow Sensor calculates air usage data with integrated software that displays trends and anomalies on analytics dashboards, allowing operators to easily regulate supply pressures and detect leaks. The system’s built-in connectivity makes it easy to deploy and provides immediate insights at the machine level, with network capability paving the way for monitoring compressed air usage enterprise wide.
“We’re honored to work shoulder-to-shoulder with Colgate-Palmolive, whose brand Colgate is in more homes than any other,” said Mark Bulanda, Executive President of Emerson’s Automation Solutions business. “Projects like this demonstrate the technology available today to detect wasteful and costly energy leaks, optimize manufacturing processes and make a measurable difference in meeting sustainability goals.”
About Emerson
Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets. Our Emerson Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Emerson Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure. For more information visit Emerson.com.
About Colgate-Palmolive
Colgate-Palmolive Company is a caring, innovative growth company reimagining a healthier future for all people, their pets and our planet. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition, the Company sells its products in more than 200 countries and territories under brands such as Colgate, Palmolive, elmes, hello, meridol, Sorriso, Tom’s of Maine, EltaMD, Filorga, Irish Spring, PCA Skin, Protex, Sanex, Softsoap, Speed Stick, Ajax, Asion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet and Hill’s Prescription Diet. The Company is recognized for its leadership and innovation in promoting environmental sustainability and community well-being, including its achievements in saving water, reducing waste, promoting recyclability and improving children’s oral health through its Bright Smiles, Bright Future program, which has reached more than 1.3 billion children since 1991. For more information about Colgate’s global business and how the Company is building a future to smile about, visit ColgatePalmolive.com CL-C
Additional resources:
For Emerson
Denise Clarke
(512) 587-5879
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First Green Commercial Paper Program in the United States Provides for CarbonCount® Reporting on Avoided Emissions
ANNAPOLIS, Md.--(BUSINESS WIRE)--Hannon Armstrong Sustainable Infrastructure Capital, Inc. (“Hannon Armstrong,” or the “Company”) (NYSE: HASI), a leading investor in climate solutions, today announced the establishment of a $100 million CarbonCount® Green Commercial Paper Note Program (the “CarbonCount® Green CP Program”), marking the launch of the first fully Green Commercial Paper program in the United States. BofA Securities, Inc. is acting as the sole dealer and green structuring advisor on the program.
Amounts available under the CarbonCount® Green CP Program may be borrowed, repaid and re-borrowed from time to time, with the maximum aggregate face or principal amount of CarbonCount® Green Commercial Paper Notes outstanding at any one time not exceeding $100 million. The CarbonCount® Green Commercial Paper Notes will be sold on terms that are customary for the United States commercial paper market and will be at least equal in right of payment with all of Hannon Armstrong’s other unsecured and unsubordinated indebtedness. Payment of the CarbonCount® Green Commercial Paper Notes will be supported by a direct-pay letter of credit issued by Bank of America, N.A.
Consistent with our investment thesis and Sustainability Investment Policy, Hannon Armstrong only invests in assets that are neutral to negative on incremental carbon emissions or have some other tangible environmental benefit, such as reducing water consumption. We track and report on the impact of all investments utilizing our CarbonCount® metric, a proprietary scoring tool for evaluating investments in U.S. based renewable energy, energy efficiency, and climate resilience projects to determine the efficiency by which each dollar of invested capital reduces annual carbon dioxide equivalent (CO2e) emissions. This first-of-its-kind methodology promotes transparency in project finance by creating a simple and comparable metric for infrastructure projects to be evaluated in terms of how much the capital investment is mitigating climate change.
The Company intends to allocate an amount equal to the net proceeds of CarbonCount® Green Commercial Paper Notes to acquire or refinance, in whole or in part, Eligible Green Projects, which include Behind-the-Meter, Grid-Connected and Sustainable Infrastructure projects:
Pending allocation of the full amount equal to the net proceeds from the concurrently outstanding CarbonCount® Green Commercial Paper Notes at any point of time, the Company intends to invest such net proceeds in interest-bearing accounts and short-term, interest-bearing securities that are consistent with the Company’s intention to continue to qualify for taxation as a REIT.
“This CarbonCount® Green Commercial Paper Program is another cost-effective and innovative component of our diverse funding platform, as we remain a leader in both climate positive investing and green debt issuance,” said Jeffrey A. Lipson, Chief Financial Officer and Chief Operating Officer.
ABOUT HANNON ARMSTRONG
Hannon Armstrong (NYSE: HASI) is the first U.S. public company solely dedicated to investments in climate solutions, providing capital to leading companies in energy efficiency, renewable energy, and other sustainable infrastructure markets. With more than $8 billion in managed assets, Hannon Armstrong’s core purpose is to make climate-positive investments with superior risk-adjusted returns. For more information, please visit www.hannonarmstrong.com. Follow Hannon Armstrong on LinkedIn and Twitter @HannonArmstrong.
Forward-Looking Statements
Some of the information in this press release contains forward-looking statements and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used in this press release, words such as “believe,” “expect,” “anticipate,” “estimate,” “plan,” “continue,” “intend,” “should,” “may,” “target,” or similar expressions, are intended to identify such forward-looking statements. Forward-looking statements are subject to significant risks and uncertainties. Investors are cautioned against placing undue reliance on such statements. Actual results may differ materially from those set forth in the forward-looking statements. Factors that could cause actual results to differ materially from those described in the forward-looking statements include those discussed under the caption “Risk Factors” included in the Company’s Annual Report on Form 10-K for the Company’s fiscal year ended December 31, 2020, which was filed with the U.S. Securities and Exchange Commission (“SEC”), as well as in other reports that the Company files with the SEC.
Forward-looking statements are based on beliefs, assumptions and expectations as of the date of this press release. The Company disclaims any obligation to publicly release the results of any revisions to these forward-looking statements reflecting new estimates, events or circumstances after the date of this press release.
Investor Inquiries
Chad Reed
410-571-6189
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Media Inquiries
Gil Jenkins
443-321-5753
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DUBLIN--(BUSINESS WIRE)--The "Green Data Center Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global green data center market is expected to grow at a CAGR of around 22% during 2021-2026.
Companies Mentioned
Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A green data center refers to an environment-friendly facility that accommodates computers and servers for storage, management and distribution of data. It primarily operates on solar, wind or hydropower, and the components are designed for maximum energy efficiency and minimal carbon footprint. Some of the typically used components include energy-conserving power supply, centralized humidification, efficient servers, routers, heating, ventilation and air conditioning (HVAC) and light-emitting diode (LED) systems. In comparison to the traditionally used data centers, these systems aid in segregating workload, provide centralized control and ease of data migration, are more resilient and offer next-generation storage experience to the user.
The market is primarily being driven by the growing requirement for energy-efficient computing systems, which is further facilitated by increasing digitization across industries. Moreover, rising environmental consciousness and the widespread adoption of data centers to store and manage the constantly increasing amounts of data, are driving the market growth. Green data centers are usually designed with on-site wind and solar farms that are constructed on the terrace of the building or facility. They also use the wastewater by recycling it for cooling purposes.
Additionally, various product innovations, such as the utilization of low-emission building materials, paints, carpets, waste recycling systems and sustainable landscaping, for the construction of these data centers, are acting as other growth-inducing factors. Manufacturers are also using alternative technologies, such as evaporative cooling, heat pumps, photovoltaic cells and catalytic converters, for producing energy-efficient systems. This, along with significant growth in the information technology (IT) infrastructure, represents some of the other factors driving the market further.
Key Questions Answered in This Report
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Green Data Center Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
7 Market Breakup by Data Center Type
8 Market Breakup by Industry Vertical
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/6mwtfp
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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DUBLIN--(BUSINESS WIRE)--The "World - Furnace Burners for Solid Fuel or Gas - Market Analysis, forecast, Size, Trends and Insights. Update: COVID-19 Impact" report has been added to ResearchAndMarkets.com's offering.
This report provides an in-depth analysis of the global market for solid fuel furnace burner. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries.
Data coverage:
Reasons to buy this report:
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
While doing this research, the researchers combined the accumulated expertise of their analysts and the capabilities of artificial intelligence. The AI-based platform, developed by data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
Key Topics Covered:
1. INTRODUCTION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
3.1 MARKET SIZE
3.2 CONSUMPTION BY COUNTRY
3.3 MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS
Finding New Products to Diversify Your Business
4.1 TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2 BEST-SELLING PRODUCTS
4.3 MOST CONSUMED PRODUCT
4.4 MOST TRADED PRODUCT
4.5 MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition
5.1 TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2 TOP PRODUCING COUNTRIES
5.3 TOP EXPORTING COUNTRIES
5.4 LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition
6.1 TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2 TOP CONSUMING MARKETS
6.3 UNSATURATED MARKETS
6.4 TOP IMPORTING MARKETS
6.5 MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
7.1 PRODUCTION VOLUME AND VALUE
7.2 PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
8.1 IMPORTS FROM 2007-2019
8.2 IMPORTS BY COUNTRY
8.3 IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
9.1 EXPORTS FROM 2007-2019
9.2 EXPORTS BY COUNTRY
9.3 EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition
11. COUNTRY PROFILES
For more information about this report visit https://www.researchandmarkets.com/r/kvtei8
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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CHELMSFORD, Mass.--(BUSINESS WIRE)--#AI--Axis Communications announces the 8th generation of its custom-designed system-on-chip (SoC) made for network video. The ARTPEC-8 SoC was designed first and foremost to create new opportunities for impressive analytics applications based on deep learning on the edge. In addition, the new SoC accelerates the array of remarkable capabilities and features first seen with the implementation of ARTPEC-7. These include superior imaging, enhanced security, and powerful compression. Furthermore, the fact that ARTPEC-8 was designed in-house gives Axis a level of control crucial to cybersecurity. Going forward, the new chip will be the basis for the vast majority of Axis network video products. Some of the first cameras to include this chip are the soon-to-be-launched AXIS Q3536-LVE/38-LVE Dome Cameras and AXIS Q1656-LE Box Camera.
“With ARTPEC-8, Axis is leading the way toward a new era of exciting analytics based on deep learning on the edge,” says Johan Paulsson, Chief Technology Officer. We want to deliver the easiest access to actionable insights through the widest range of analytics on the market. Our ultimate goal is to contribute to creating a smarter, safer world by addressing more and more important use cases. Plus, ARTPEC-8 is 100% optimized for high-quality network video solutions. And, as always, we have complete control over every single transistor.”
Deep-learning-based analytics on the edge
ARTPEC-8 supports powerful analytics applications based on deep learning on the edge where cameras have the processing power to analyze data within the camera itself. An example of deep-learning-based analytics is highly granular real-time object detection and classification that makes it possible to develop analytics that can distinguish between different kinds of objects, such as types of vehicles. This is the basis for AXIS Object Analytics. It also opens the door to other deep-learning-based analytics that deliver actionable insights for security, safety, and operational purposes. Thanks to the open Axis platform, these other analytics applications will include tailor-made applications from Axis partners.
The advantages of analyzing data on the edge
Deep-learning-based analytics on the edge, powered by ARTPEC-8, deliver additional significant benefits as well. Analyzing data on the edge – on the camera – means no information is lost in compression or transmission making results more reliable. It allows for faster alerts, which in turn lets users act instantly to protect people and property and make the right decisions about their operations. It creates cost savings because less bandwidth and storage and fewer servers are needed. Less bandwidth and storage also significantly reduce the risk of loss of sensitive data and fewer servers also improves scalability.
Increased analytics performance and the best imaging
ARTPEC-8 continues to facilitate Axis Lightfinder 2.0 and Axis Forensic WDR for the best image processing under difficult light conditions. These are part of the foundation for Axis Scene Intelligence technology, which increases the performance of analytics applications. The result is consistent analytics results and fast, accurate forensic search capabilities with minimal false alarms even under challenging surveillance conditions. Axis Scene Intelligence puts market-leading expertise from decades of experience with image processing to work.
Cybersecurity benefits
ARTPEC-8 builds on cybersecurity features introduced with ARTPEC-7 including signed firmware and secure boot. ARTPEC-8 supports Edge Vault for secure storage of cryptographic keys and certificates. Trusted Platform Module (TPM) for FIPS-compliant secure storage will be available in certain cameras.
The first cameras to include the new ARTPEC-8 chip--the AXIS Q3536-LVE/38-LVE Dome Cameras and the AXIS Q1656-LE Box Camera--will be on display in the Axis Communications Booth #1341 at the Global Security Exchange (GSX) Conference, September 27 - 29, 2021, Orange County Convention Center, Orlando, Florida.
About Axis Communications
Axis enables a smarter and safer world by creating network solutions that provide insights for improving security and new ways of doing business. As the industry leader in network video, Axis offers products and services for video surveillance and analytics, access control, intercom and audio systems. Axis has more than 3,800 dedicated employees in over 50 countries and collaborates with partners worldwide to deliver customer solutions. Axis was founded in 1984 and has its headquarters in Lund, Sweden. For more information about Axis, please visit our website www.axis.com.
Chris Shanelaris,
Public Relations, Americas, Axis Communications
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Phone: (978) 614-3023
Company Set to Debut Brand New Epicentral Mobile Host
HAMDEN, Conn. & LAS VEGAS--(BUSINESS WIRE)--TransAct Technologies Incorporated (Nasdaq: TACT) (“TransAct” or “the Company”), a global leader in software-driven technology and printer solutions for high-growth markets, announced that it will demonstrate for attendees at the 21st Annual Global Gaming Expo (“G2E 2021”) how its line of gaming products enhance the player experience with its Epic technology. TransAct’s display (Booth #2423) at G2E 2021, to be held in Las Vegas, Nevada from October 5-7, 2021 at the Venetian Expo, will highlight the Company’s full lineup of casino and gaming printers and software solutions, including the latest version of its innovative Epicentral Software Bonusing System which includes the all new Epicentral Mobile Host feature running on iPad or Android Tablets and its TITO and roll-fed printers.
“TransAct has long offered print and player bonusing solutions that allow casino and gaming operators to get an edge over their competition. There’s no better proof of this than our showcase of the new Epicentral Mobile Host feature of Epicentral giving Casino Slot Floor Managers the ultimate tool to identify and reward their most valuable players on the property in real-time. With our Epic Edge printer and Epicentral solution, we are bringing to casinos worldwide the most advanced printing technology that takes gaming capabilities to the next level,” said Bart C. Shuldman, Chairman and Chief Executive Officer of TransAct Technologies. “Most importantly, we’re thrilled to reunite with our colleagues, clients and other industry leaders in person.”
Epicentral and Epicentral Mobile Host Delivers Casino Revenue Growth and Drives Loyalty
TransAct will again demonstrate at G2E 2021 its Epicentral Software Bonusing System along with its newest innovation, Epicentral Mobile Host. Together with the Epic Edge, Epicentral prints intelligent promotional offers at the slot machine or table-top game while the guest is playing. With the addition of Epicentral Mobile host, running on an iPad or Android tablet, Casino Slot Floor Managers will have a real-time dashboard of every player and activity on every game in the casino, giving them the ability to instantly deliver promotions to their best players. Additionally, Epicentral Mobile Host can provide a drill-down list of each slot machine player session to give hosts the ability to assess if a well-timed reward can further enhance play for their customer. If for any reason a player’s reward coupon has been damaged or lost, the host can look-up and reprint rewards on-demand. Casino Marketing and Slot Floor Managers can also view active promotions and coupons and select which offer they would like to award at the moment.
Epicentral extends time-on-device, increases player spend, and generates increased customer loyalty – all leading to more revenue for casinos. Epicentral offers a variety of new and improved features that are strategically designed for casino operators to increase their profits while using the most effective and user-friendly software in the industry. The latest version of Epicentral is cloud-based, which makes it easier to install, update, and keep secure. Epicentral can be enabled with the Acres Foundation System for real-time data or connected to the casino management system.
Epic Edge: The Leader in Ticket-In/Ticket-Out
The next-generation Epic Edge is the newest and most advanced TITO printer, offering a more than 50 percent improvement over existing printers thanks to its 300-DPI print resolution. Higher print resolution allows the Epic Edge to replicate a nearly unlimited array of characters and graphics, making it an ideal fit for casino operators around the globe. The Epic Edge also creates sharper barcodes which drive better ticket acceptance and reduced attendant calls, resulting in measurably improved floor performance that allows slot and table operations to run at peak efficiency. Epic Edge also prints eye-catching, dynamic graphic images, making it ideal for implementation alongside applications such as Epicentral. The Epic Edge allows for firmware updates via a full speed USB 2.0 connection or directly via a micro SD card, making the process of updating firmware faster than ever. Other features include a single rugged outer chassis with color coded rails, numerous flexible port options (Serial and USB), hot swap capability to eliminate game downtime, a faster ServerPort™ connection and an adjustable ticket bucket that accommodates standard and smaller, paper-saving tickets.
Also on display will be the Epic Edge TT made especially for table games, players’ club desks and cash desks. It packages a printer and internally mounted power supply in a tidy, compact design that is easy to deploy. In addition, thanks to its dual port capability, the Epic Edge TT allows operators to expand the bonusing environment created by their Epicentral deployments to non-gaming device applications.
The Epic printer offering is rounded out by the Epic 880®, a compact printer for all types of gaming and sports betting machines (including video lottery terminals) which features a modular design that is configurable to nearly any space, a variable length ticket presenter and ticket retract capability. It also offers auto paper loading and can accommodate 4-inch or 6-inch paper rolls.
About TransAct Technologies Incorporated
TransAct Technologies Incorporated is a global leader in developing software-driven technology and printing solutions for high-growth markets including food service, casino and gaming, POS automation, , and oil and gas. The Company’s solutions are designed from the ground up based on customer requirements and are sold under the BOHA!™, AccuDate™, EPICENTRAL®, Epic®, Ithaca® and Printrex® brands. TransAct has sold over 3.3 million printers and terminals around the world and is committed to providing world-class service, spare parts and accessories to support its installed product base. Through the TransAct Services Group, the Company also provides customers with a complete range of supplies and consumable items both online at http://www.transactsupplies.com and through its direct sales team. TransAct is headquartered in Hamden, CT. For more information, please visit http://www.transact-tech.com or call (203) 859-6800.
Epicentral and Epic are registered trademarks of TRANSACT Technologies Incorporated. ©2021 TRANSACT Technologies Incorporated. All rights reserved.
Forward-Looking Statements
Certain statements in this press release include forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology, such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe" or "continue" or the negative thereof or other similar words. All forward-looking statements involve risks and uncertainties, including, but not limited to, customer acceptance and market share gains, both domestically and internationally, in the face of substantial competition from competitors that have broader lines of products and greater financial resources; our competitors introducing new products into the marketplace; our ability to successfully develop and introduce new products and the acceptance of such products in the marketplace; our dependence on significant customers; our dependence on significant vendors; dependence on contract manufacturers for the assembly of a large portion of our products in Asia; our ability to protect intellectual property; our ability to recruit and retain quality employees as the Company grows; our dependence on third parties for sales outside the United States, including Australia, New Zealand, Europe, Latin America and Asia; the economic and political conditions in the United States, Australia, New Zealand, Europe, Latin America and Asia; marketplace acceptance of new products; risks associated with foreign operations; the availability of third-party components at reasonable prices; price wars or other significant pricing pressures affecting the Company's products in the United States or abroad; risks associated with potential future acquisitions; the risk that our new line of food safety and oil and gas products will not drive increased adoption by customers; and other risk factors detailed in TransAct's Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission. Actual results may differ materially from those discussed in, or implied by, the forward-looking statements. The forward-looking statements speak only as of the date of this release and the Company assumes no duty to update them to reflect new, changing or unanticipated events or circumstances.
Investor Contact:
Ryan Gardella
ICR, Inc.
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JEFFERSONVILLE, Ind.--(BUSINESS WIRE)--#cyclones--Industrial manufacturer Heumann Environmental Company LLC (HEC) has announced the launch of a cloud-based software service that empowers customers to design and build cyclones, the specialized separation equipment used in many industrial processes and pollution control applications.
Developed by subsidiary Heumann Software Company, the High Efficiency Cyclone Calculator™ -- or HECyclone™ for short -- represents the first of a suite of proprietary software services for companies in the petrochemical, pharmaceutical, ethanol, petroleum, forest products and utility industries, among others, that use reverse flow cyclones to separate particles from gas streams. The software incorporates decades of HEC technical experience and more than a century of industry data validated across multiple applications and scenarios.
"This is intelligent software that puts the power to design, validate or build cyclones literally in customer hands," said Bill Heumann, president of Heumann Software Company. "It's available 24/7, and there's no limit on the number of cyclones or unique specifications that customers can test and build."
Through its easy-to-use interface, the HECyclone software allows customers to select a cyclone model and to provide conditions for its use. Operators can test as many process and design scenarios as desired to determine the best high efficiency cyclone solution, allowing them to witness the nuanced effects of those changes across their optimal collection range.
The software employs the same analytical engine used by HEC to size and build cyclones to exacting performance specifications.
Customer-built designs are securely stored and are available for password-protected retrieval. Additionally, operators can clone all or parts of previous designs to jumpstart new projects. Three pricing packages are available.
"HECyclone is invaluable for a wide range of professionals -- from equipment suppliers wanting to design and supply high efficiency cyclones, chemical engineers looking to better understand or optimize their own cyclones; and scientists, researchers and students wanting to learn about the unique effects design elements can have on cyclone performance," Heumann said.
The package can be customized with Gas Mix Calculator and Overall Performance Calculation add-ons that provide additional detail in various graphic formats. Software subscribers are eligible for discounts on HEC cyclone related services as well.
About Heumann Environmental Company and Heumann Software
HEC is a world leader in providing high efficiency cyclones, scrubbers and severe duty filters for emission control, product recovery and nuisance dust and fume collection. In addition to its environmental products, the company specializes in fabrication, manufacturing, engineering, consulting and infrastructure projects. For more information, visit www.heumannenviro.com. With the launch of HECyclone, Heumann Software is revolutionizing the tools for designing, modeling, testing, running simulations and building cyclones. More information is available at www.hecyclone.com.
Links to additional resources:
Extended news release (pdf)
Executive bios (pdf)
Bill Heumann headshot (jpg)
Neal Heumann headshot (jpg)
Software dashboard (png)
Media contacts:
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Aspiration becomes first Founding Partner of Intuit Dome, which will be the first climate positive arena
LOS ANGELES--(BUSINESS WIRE)--$IPVF--The LA Clippers and Aspiration have announced a multi-year partnership that designates the world's leader in sustainability as a service solution for consumers and companies as the first Founding Partner of Intuit Dome, the future home of the Clippers. Together, Aspiration and the Clippers are setting a new standard for social responsibility in sports by building the first climate positive arena and committing to programs that will make a difference in the fight against climate change. Aspiration recently entered into a merger agreement with InterPrivate III Financial Partners Inc. (NYSE: IPVF), a publicly traded special purpose acquisition company, which, upon closing, will result in Aspiration becoming a listed company.
The Clippers will engage Aspiration’s Sustainable Impact Services, which offers software and services that enable companies to integrate the fight against climate change into their daily customer experience. The Clippers and Aspiration are also introducing the first “Planet Protection Fund,” which will provide fans with the opportunity to offset their own carbon impact whenever they purchase a ticket to cheer on the Clippers. The two organizations will also develop sustainability programming to benefit Southern California businesses, entrepreneurs and students.
"There is a responsibility associated with building the best arena in the world,” said Clippers Chairman Steve Ballmer. "Aspiration becoming our first Founding Partner supports the stake we are planting in the ground to make Intuit Dome the most sustainable arena in the world.”
"Today, the Clippers are raising the bar for every major sports franchise in the world," said Joe Sanberg, Co-founder of Aspiration. "By committing to a sustainable future, this team is proving that its massive cultural influence can extend to harnessing meaningful and ongoing action against the climate crisis by embedding Aspiration’s sustainability services throughout the fan experience. As a Clippers fan, I am proud to be partnering with them to define a new era of climate action in major league sports — and I hope that the rest of the NBA follows their example."
The Clippers are aggressively working toward initiatives that will earn Intuit Dome a LEED Platinum certification, the highest classification available. Intuit Dome will operate 100% carbon-free from day one, and be the only sports arena in the world built with 100% embodied carbon concrete. Intuit Dome will be naturally ventilated, fully electric through batteries and solar power with enough on-site energy storage to power a basketball game or concert, and have no net new greenhouse gas emissions. It will feature a comprehensive waste reduction program to eradicate landfill waste onsite and extensive programs to improve regional air quality. Intuit Dome has committed to the annual monitoring of greenhouse gas emissions and transportation impacts, a first for a large-scale venue, which will ensure sustainability goals and promises are met, and also provide the data to help drive broader community transformation to a low carbon future.
“We are excited to be the first Founding Partner of Intuit Dome, and we recognize that this is a great opportunity to further integrate sustainability and carbon negativity into the operations of this iconic franchise,” said Andrei Cherny, Co-founder and CEO of Aspiration. “The LA Clippers are proof positive of Aspiration’s core philosophy: People and businesses can do well while also doing good.”
“Our relationship with Aspiration is aspirational; how do we do more?” said Gillian Zucker, LA Clippers President of Business Operations. “It’s not enough anymore to just do our part as a company. We need to use our platform to create a movement around the importance of protecting our planet.”
As Intuit Dome’s first Founding Partner and a team partner of the Clippers, Aspiration will receive physical and digital signage elements and activations that promote sustainability, hospitality elements and will become the presenting partner of the Clipper Nation MVP Program, which offers exclusive benefits to season ticket holders. Aspiration will also engage with the Clippers’ Mentorship Assist Zone program, which provides underserved Southern California youth with education and exposure to career opportunities.
About the LA Clippers
Led by Chairman Steve Ballmer, the LA Clippers have competed in 51 NBA seasons and appeared in the Playoffs in nine of the past 10 seasons. The Clippers are committed to the city of Los Angeles and through the LA Clippers Foundation, provide resources and opportunities that make a positive difference toward leveling the playing field for youth in Southern California. Visit the Clippers online at www.clippers.com or follow them on social media @LAClippers.
About Intuit Dome
Intuit Dome will open for the 2024-25 season in Inglewood, California as the new home of the LA Clippers. Built for the fan, by the fan, the technologically advanced and basketball-obsessed arena, entertainment venue and outdoor plaza will deliver a uniquely intimate and intense experience.
About Aspiration Partners Inc.
Aspiration is a leading platform to help people and businesses put automated sustainable impact into their hands and integrate it into their daily lives. The company is currently in the process of completing a merger with InterPrivate III Financial Partners Inc. (NYSE: IPVF), a publicly traded special purpose acquisition company. Aspiration has earned the trust of its more than 5 million members by helping them spend, save, shop, and invest to both "Do Well" and "Do Good." Aspiration Partners, Inc. is a certified B Corp. Headquartered in Marina del Rey, CA, Aspiration Partners Inc. is backed by investors including Alpha Edison, AGO, Capricorn Investment Group, Allen & Company, Flourish Ventures, Social Impact Finance, Deep Field Asset Management, Joseph Sanberg, Alex Pomeroy, Glenn "Doc" Rivers, Orlando Bloom, Leonardo DiCaprio, Cindy Crawford, Kaia Gerber, and Robert Downey Jr.'s Footprint Coalition Ventures. For more information, visit Aspiration.com or Aspiration.com/business. Still and video media assets can be found at https://tinyurl.com/56u3yu3z.
About InterPrivate III Financial Partners Inc.
InterPrivate III Financial Partners Inc., led by Chairman & CEO Ahmed Fattouh, President Nicholaos Krenteras, and Vice Chairman Sunil Kappagoda, is a blank check company whose business purpose is to effect a business combination with one or more businesses in the financial services or fintech sectors. InterPrivate III’s Board of Directors includes globally recognized financial services leaders including: former BankOneChairman, John McCoy; former Lucent and Verifone Chairman, Rich McGinn; Pine Brook founder and former Warburg Pincus Vice Chairman, Howard Newman; and fintech investor Gordy Holterman.
Aspiration Investor Relations
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Aspiration Public Relations
David Meadvin
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LA Clippers
Chris Wallace
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InterPrivate III Financial Partners Inc.
Investor Relations
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InterPrivate Capital
Charlotte Luer
Investor Relations
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DUBLIN--(BUSINESS WIRE)--The "Brazil Midstream Oil and Gas Industry Outlook to 2025 - Market Outlook for Liquefied Natural Gas (LNG), Liquids Storage, Pipelines and Gas Processing" report has been added to ResearchAndMarkets.com's offering.
Brazil Midstream Oil and Gas Industry Outlook to 2025 - Market Outlook for Liquefied Natural Gas (LNG), Liquids Storage, Pipelines and Gas Processing is a comprehensive report on midstream oil and gas industry in Brazil.
The report provides details such as name, type, operational status and operator for all active and planned (new build) LNG terminals, liquids storage terminals major trunk pipelines and gas processing plants in Brazil till 2025. Further, the report also offers recent developments, financial deals as well as latest contracts awarded in the country's midstream sector, wherever available.
Scope
Reasons to Buy
Key Topics Covered:
1. Table of Contents
1.1. Table of Figures
1.2. Table of Tables
2. Introduction
2.1. What is this Report About?
2.2. Market Definition
3. Brazil LNG Industry
3.1. Brazil LNG Industry, Regasification
3.2. Brazil LNG Industry, Regasification, Overview
3.3. Brazil LNG Industry, Regasification Capacity by Major Companies
3.4. Brazil LNG Industry, Regasification Capacity by Terminal
3.5. Brazil LNG Industry, Regasification Asset Details
4. Brazil Oil Storage Industry
4.1. Brazil Oil Storage Industry, Key Data
4.2. Brazil Oil Storage Industry, Overview
4.3. Brazil Oil Storage Industry, Storage Operations
4.4. Brazil Oil Storage Industry, Storage Capacity Share by Area
4.5. Brazil Oil Storage Industry, Storage Capacity by Major Companies
4.6. Brazil Oil Storage Industry, Storage Capacity by Terminal
4.7. Brazil Oil Storage Industry, Asset Details
5. Brazil Oil and Gas Pipelines Industry
5.1. Brazil Oil Pipelines
5.2. Brazil Oil Pipelines, Overview
5.3. Brazil Oil and Gas Pipelines Industry, Crude Oil Pipeline Length by Company
5.3.1. Brazil Oil and Gas Pipelines Industry, Crude Oil Pipelines
5.4. Brazil Oil and Gas Pipelines Industry, Petroleum Products Pipeline Length by Company
5.4.1. Brazil Oil and Gas Pipelines Industry, Petroleum Products Pipelines
5.5. Brazil Oil and Gas Pipelines Industry, Oil Pipelines, Assets Details
5.6. Brazil Gas Pipelines
5.7. Brazil Gas Pipelines, Overview
5.8. Brazil Oil and Gas Pipelines Industry, Natural Gas Pipeline Length by Major Companies
5.9. Brazil Oil and Gas Pipelines Industry, Natural Gas Pipelines
5.10. Brazil Oil and Gas Pipelines Industry, Natural Gas Pipelines, Asset Details
6. Brazil Gas Processing Industry
6.1. Brazil Gas Processing Industry, Key Data
6.2. Brazil Gas Processing Industry, Overview
6.3. Brazil Gas Processing Industry, Gas Processing Capacity by Major Companies
6.4. Brazil Gas Processing Industry, Processing Plant by Facility Type
6.5. Brazil Gas Processing Industry, Capacity Contribution of Various Provinces
6.6. Brazil Gas Processing Industry, Active Gas Processing Capacity
6.7. Brazil Gas Processing Industry, Planned Gas Processing Capacity
6.8. Brazil Gas Processing Industry, Asset Details
7. Recent Contracts
8. Financial Deals Landscape
9. Recent Developments
10. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/e4n7lf
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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