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BackOffice Associates Names Kevin Campbell as President of Global Consulting and Services Delivery

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Information Governance Leader Further Strengthens its World-Class Services Organization with Former Accenture Executive

MCLEAN. Va. (PRWEB) April 30, 2018

BackOffice Associates, the worldwide leader in information governance and data stewardship solutions, today announced the appointment of Kevin Campbell as President, Global Consulting and Services Delivery. Reporting to CEO David Booth, Campbell will oversee the company’s global services delivery team operations including spearheading the rollout of new solutions to further expand and strengthen BackOffice’s world-class consulting services organization. 
 
“We are thrilled to have Kevin join our leadership team and know he will have an immediate impact on our clients’ experiences as we continue to extend our business globally,” said Booth. 
 
Prior to joining BackOffice Associates, Campbell recently held the position of COO for Oscar Insurance Corporation and oversaw company growth as it scaled from 40,000 to over 170,000 members. Before this role, Campbell served as Co-COO at Bridgewater Associates. Campbell also held multiple executive leadership roles at Accenture, including Group Chief Executive Officer of the company’s $2 billion BPO business; Chief Executive of its $9 billion outsourcing business; and Group Chief Executive of a combined unit, including global systems building and outsourcing a $20 billion unit, where he also managed Accenture’s technology consulting, labs and software groups. During this time, Campbell oversaw a team that redeveloped Accenture’s service offerings to address the changing services market buyer values. It included a significant increase in the use of global delivery and the integration of management and technology consulting skills with systems integration and outsourcing services. In addition to his management responsibilities, Campbell also served as lead client executive at Dupont, Raytheon and many other clients.
 
“I had the pleasure of working side by side with Kevin for many years at Accenture. He is a rare combination of talent whose leadership and client experience in services will position BackOffice Associates for continued accelerated growth,” said Bill Green, Chairman of BackOffice Associates and former CEO and Chairman of Accenture.
 
Added Campbell, “I am very excited to join the BackOffice team. I have been impressed with the company’s positioning in software and services in the data space, their strong customer references, and the quality and depth of the team worldwide. BackOffice Associates is ideally positioned to address the rapidly growing data transformation needs of large companies around the world, especially for those firms with highly complex, heterogeneous data needs.”
 

About BackOffice Associates
BackOffice Associates is a worldwide leader in information governance and data stewardship solutions, focusing on helping customers manage one of their most critical assets – data. Our range of award-winning products, built on a revolutionary platform, address the needs of business users seeking to unlock the value of their data assets. Our products and services enable organizations to accelerate growth, gain actionable visibility and reduce risks. Founded in 1996, we have an unparalleled record of success in the most complex data environments across a variety of industries. Customers include many Fortune 1000 companies including Eli Lilly, Kraft and Graybar. BackOffice Associates is a global corporation headquartered in Massachusetts with additional offices in the U.S., Australia, Canada, Dubai, India, Singapore, Switzerland and the U.K. To learn more, please visit http://www.boaweb.com Reported by PRWeb 2 hours ago.

New Book Explores Custom, Cultures and Adventures Experience by Life-Long Traveler

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Author Rusty Hix collects his most memorable life – and death - escapades

TAMPA, Fla. (PRWEB) April 30, 2018

In 1966, Rusty Hix and his family piled into their Chevy Impala and began a 14-day road trip around the United States. For eight-year-old Hix, that family vacation would mark the first of 48 other countries that he would explore throughout his life. With “No Adventure Too Ridiculous,” Hix shares some of his greatest travel adventures.

In “No Adventure Too Ridiculous,” Hix chronicles his international travels as well unforgettable journeys throughout memorable locations. Hix speaks on his time kayaking and whitewater rafting in Costa Rica, helicoptering over geothermal areas of New Zealand, visiting Buddhist temples in China and other various escapades in Cancun, Australia, New Zealand, China, Easter Island and Finland.

In captivating prose, he describes a panda sitting on his lap, vertical caving, skydiving, climbing the world’s tallest structure, as well as the serious car accident that nearly took his life. He also details the food, customs and behavior of the people within a variety of cultures.

“I live for the 'wow' moments in life. I live for those brief seconds where my breath is taken away and my entire being feels alive,” Hix said. “I’ve made it my life’s goal to find as many of those moments as possible. That requires that me to be on the lookout for unique adventures and heart-stopping experiences.”

For more information, please visit http://www.rustyhix.com/.

“No Adventure Too Ridiculous: Mad Tales From A Life Time of Travels”
By Rusty Hix
ISBN: 9781480841888 (hardcover) 9781480841871 (softcover) 9781480841895 (ebook)
Available at Amazon, Barnes & Noble and Archway Publishing

About the author
Rusty Hix has been involved in international sales for the last 17 years. His travels have included many back-road adventures in the United States as well as journeys to over 48 countries for both business and pleasure. Hix currently resides in Tampa, Florida.

Review Copies & Interview Requests:
LAVIDGE – Phoenix
Kalin Thomas
480-648-7540
kthomas(at)lavidge(dot)com Reported by PRWeb 2 hours ago.

Travefy Announces New Partnership With Classic Vacations To Increase Travel Agent Efficiency and Productivity

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Travefy Pro users can now directly import customer bookings from Classic Vacations onto any client itinerary.

San Jose, CA (PRWEB) April 30, 2018

Travefy - the leading itinerary management and client communication tool for Travel Agents - announced a new partnership and integration with Classic Vacations.

Through this integration, Travel Agents can directly import all customer bookings from Classic Vacations onto any Travefy itinerary. A Travel Agent simply authenticates their Classic Vacations account on the Travefy Pro platform. Once complete, they can seamlessly import any client bookings which will auto-populate an itinerary with rich information.

“At Travefy, we are relentlessly focused on adding new tools and integrations that save Travel Agents valuable time and streamline their processes,” notes David Chait, Travefy’s CEO. “This new integration allows Travefy Pro users to instantly craft expert itineraries and with this new level of productivity these Agents can efficiently scale their businesses. We’re beyond thrilled to be working with Classic Vacations, who are consistently on the forefront of innovation within our industry.”

“We listen to our customers, and we are passionate about delivering on the needs of both the traveler and travel agent,” said David Hu, President of Classic Vacations. “In partnering with Travefy, Classic Vacations provides our valued Travel Advisors even more choices for high-quality, professional client itineraries.”

ABOUT TRAVEFY

Travefy’s award-winning itinerary management and client communication tools help Travel Agents and professionals save time and impress clients. Professionals can build dynamic travel quotes and itineraries all in their brand that can be delivered via mobile app, responsive web page, or PDF. Additional time-saving integrations bring key data seamlessly to any itinerary.

Travefy powers thousands of travel businesses ranging from small, independent travel advisors to the largest travel organizations like Travel and Transport and the Gifted Travel Network (GTN). Travefy has been featured in The New York Times, The Wall Street Journal, and Forbes among other publications and has won numerous industry honors including the Brand USA Marketing Innovation Award at Phocuswright and the 2017 ASTA Entrepreneur of the Year Award.

For more information please see: https://travefy.com/pro
For press assets please see: https://travefy.com/press

ABOUT CLASSIC VACATIONS®

Classic Vacations delivers superior customer satisfaction to Travel Advisors and their clients. Classic offers a full line of accommodations, from mid-tier to luxury (including suites, villas, and residences), competitive pricing, first class and private transportation options, and unique tours and excursions in Asia, Australia, Canada, Caribbean, Costa Rica, Dubai, Europe, Fiji, Hawaii, Maldives, Mexico, New Zealand, Seychelles, and Tahiti. Travel Advisors have always relied on Classic to help create exceptional travel experiences for their clients.

For more information, visit https://www.classicvacations.com/travel-agent/login or call (800) 221-3949. CST: 2079429-20 Reported by PRWeb 2 hours ago.

Glance Reports First Quarter 2018 Results

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VANCOUVER, British Columbia, April 30, 2018 (GLOBE NEWSWIRE) -- Glance Technologies Inc. (CSE:GET.CN) (OTCQB:GLNNF) (FKT:GJT) (“Glance” or the “Company”) ​today announced financial results for the first quarter ended February 28, 2018.“In recent months we have made great strides in expanding beyond the initial success we achieved in the Vancouver market with our core mobile payments product,” said Glance CEO Desmond Griffin. “We have a clear technology roadmap that will enable us to deliver further value to our merchants and end users. Our customer base extends across multiple industry verticals, and we now have offices on three continents with plans for further international expansion in 2018. I believe we are very well positioned to capitalize on the continuing shift towards mobile devices as the platform of choice for payments and consumer engagement.”

*Q1 2018 Financial Highlights:
**(all figures are rounded to the nearest thousand)*

· Revenue of $1,174,000, compared to $17,000 in Q1 2017. The current period includes a royalty fee ($1,000,000) and marketing revenue ($44,000), in addition to application and service fees ($130,000). It should be noted that the fourth quarter 2017 and first quarter 2018 revenues may be higher than can be expected in future near-term quarters due to timing of licensing related revenue;
· Operating expenses of $5,447,000 compares to $981,000 in Q1 2017, reflecting the significant ramping of the business over the past year;
· The largest change in expenses this quarter was a $2,353,000 increase in corporate communications and investor media expense, which the Company expects to reduce significantly in future quarters as it evolves to a more focused outreach strategy;
· Another notable increase was a $1,199,000 increase in sales and marketing expense. A significant part of this was related to the increase in the number of employees in sales and marketing, commencing work in the Blockchain sector and preparing the Company’s rebrand. The Company expects this expense category to reduce in future near term quarters;
· Net loss was $4,869,000 or $(0.04) per share, compared to $964,000 or $(0.02) per share in Q1 2017;
· Completed a bought deal public offering during the quarter for net proceeds of $10,180,000 and raised an additional $808,000 through the exercise of outstanding warrants and incentive options;
· As at February 28, 2018, the Company had $13,377,000 of cash ($10,294,000 at November 30, 2017) and no long-term debt ($nil at November 30, 2017).

*Q1 2018 Operating Highlights:*

· Over 350 signed locations as of the end of the quarter;
· Live in 164 locations, up 173% from 60 locations in Q1 2017;
· Raised approximately $11 million from equity financings;
· Acquired the Block impact blockchain technology platform;
· Expanded our sales presence with new offices in San Jose, CA, Toronto, ON, and subsequent to quarter end, London, UK and Melbourne, Australia; and
· Surpassed a full year of zero fraud across our payment platform.

The Company’s complete financial results for the first quarter of 2018 are available in its Condensed Consolidated Interim Financial Statements and Management’s Discussion and Analysis, each of which have been filed with Canadian securities regulators at www.sedar.com.

*Outlook
*Management intends to pursue a number of technology, product and marketing initiatives to continue to drive growth in 2018.  The Company’s strategic priorities include:

· Grow monthly recurring revenue by continuously adding new merchants and consumers;
· Launch a new downloadable merchant app that enables merchants to quickly set up Glance Pay on their own devices and facilitates our migration towards a higher-volume sales model;
· Establish Glance as a leader in the blockchain space by developing innovative applications and hosting a “Future of Blockchain” conference on May 8, 2018, in Vancouver;
· Further the development of the Glance Coin reward token, which is intended to simplify and enable the adoption of cryptocurrency into everyday life;
· Leverage the Company’s superior anti-fraud technology to expand into online purchases, e-commerce and other markets;
· Expand into new vertical markets through both direct sales and joint efforts with our licensing partners;
· Continue Glance Pay’s international expansion through the launch of our apps in several new markets; and
· Broaden our geographic footprint across more North American cities, building on its existing presence across Canada and its recent launch in California.

*IFRS
*The operational and financial information in this release is based on the consolidated figures in accordance with International Financial Reporting Standard (IFRS).

*About Glance Technologies Inc.
*Glance owns and operates Glance Pay, a streamlined payment system that revolutionizes how smartphone users choose where to shop, order goods and services, make payments, access digital receipts, redeem digital deals, earn great rewards & interact with merchants. Glance offers targeted in-app marketing, geo targeted digital coupons, customer feedback, in-merchant messaging and custom rewards programs. The Glance Pay mobile payment system consists of proprietary technology, which includes user apps available for free downloads in IOS (Apple) and Android formats, merchant manager apps, a large-scale technology hosting environment with sophisticated anti-fraud technology and lightning-fast payment processing. Glance has also recently purchased a blockchain solution and is working on a rewards-based cryptocurrency.

For more information about Glance, please go to *www.glance.tech**. *

*For more information, contact:*

David Jan
Vincic Advisors
1-866-258-1249
investors@glancepay.com

Laura Burke
Chief Financial Officer
604-694-6502
laura@glancepay.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

*Forward-Looking Statements
*This press release contains forward-looking information or forward-looking statements (collectively "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: “may”, "believe", “thinks”, "expect", “exploring”, “expand”, “could”, "anticipate", "intend", "estimate", “plan”, “pursue”, "potentially", “projected”, “should”, “will” and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of Glance’s business strategies and its expectations concerning future operations (including advancing its technological roadmap), the expectation that Glance will reduce its corporate communications and investor media expenses in future quarters, growing monthly recurring revenue, launching a new downloadable merchant app, establishing Glance as a leader in blockchain space, furthering the development of the Glance Coin rewards token, building a rewards-based cryptocurrency platform using blockchain technology, leveraging Glance’s anti-fraud technology to expand into online purchases, e-commerce and other markets, expanding into new vertical markets, continuing international expansion, and broadening geographic footprint across more North American cities. Although Glance considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among other things, the risk that Glance is unable to continuously add new merchants as planned, the risks related to the development of Glance Coin and integration into the Glance Pay app, risks related to expansion, both internationally and in North America, and risks related to, the business of Glance’s licensing partners. The forward-looking information in this press release is also based on certain estimates, forecasts and projections, as well as expectations, beliefs and assumptions, including, among other things, that Glance will be able to achieve its business objectives, that Glance will be able to develop proprietary software to implement its plans, Glance will be successful in obtaining and retaining clients and licensees for its software, that the new downloadable merchant app will enable merchants to quickly set up Glance Pay on their own devices, the blockchain platform will continue to develop and grow in utilization and adoption in the world, and that Glance will be able to expand its operations successfully in new geographic markets and new industries.  For additional information with respect to these and other factors and assumptions underlying the forward-looking statements in this press release, see the section entitled “Risk Factors” in the most recent Annual Information Form and Prospectus of Glance, which may be accessed through Glance's profile on SEDAR at www.sedar.com. Glance cautions investors that any forward-looking information provided by Glance is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Reported by GlobeNewswire 2 hours ago.

Sport24.co.za | Lynn thrilled to find form at crunch time

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Australia batsman Chris Lynn is thrilled that his batting form has picked up after a slow start to the IPL for the Kolkata Knight Riders. Reported by News24 1 hour ago.

Ali Oetjen confirmed as Australia's next Bachelorette

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Reality star hopes she'll be third-time lucky in love. Reported by Brisbane Times 59 minutes ago.

Listen To This: Ready!

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Say hello to Ruel! The next big thing! He's just 15 years old. Wise beyond his ears. And from Australia. His voice is special! His debut song is special! Timeless. Soulful. Cool without trying too hard. So excited to see what this youngster does next! Check out Don't Tell Me above! Then CLICK HERE to listen to more music from Ruel! Reported by Perez Hilton 54 minutes ago.

Orocobre Limited Quarterly Report of Operations for the Period Ended 31 March 2018

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BRISBANE, Australia, April 30, 2018 (GLOBE NEWSWIRE) -- Orocobre Limited (TSX:ORL) (ASX:ORE)

*MARCH QUARTER 2018 KEY HIGHLIGHTS^1*

*OLAROZ LITHIUM FACILITY **(ORE 66.5%)^2*

· Record quarterly *sales revenue of US$41.3 million* on total sales of 3,052 tonnes of lithium carbonate. Total sales revenue for the year to date is US$105 million
· Record gross *cash margin up 21% to US$9,177 per tonne*, underpinned by firmer sales prices, demonstrating the strong cash generation ability of the Olaroz operations
· Record *price received of US$13,533/tonne on a free on board basis (FOB), up 17% quarter on quarter (QoQ) *with higher priced contracts reflecting firmer market conditions. Prices for the June quarter 2018 are expected to be higher than in the March 2018 quarter
· Cash costs (on cost of goods sold basis) up 10% QoQ to US$4,356/tonne as a result of lower production and sales volumes in the quarter
· Production of 2,802 tonnes of lithium carbonate. As previously reported 2018FY production is expected to be approximately 10% less than the previous guidance of approximately 14,000 tonnes

*LITHIUM GROWTH PROJECTS*

· Preparatory works have commenced at Olaroz for the 25,000 tonne per annum (tpa) Phase 2 expansion bringing Olaroz to a total production capacity of 42,500tpa. This has included the clearing of small amounts of low biodiversity vegetation by local contractors where the new ponds are located, construction of roads and drill pads and the first new bore. Upgrades to sewerage facilities and the camp will commence in the June quarter. A final investment decision is still expected mid-year
· Negotiations have advanced with the two possible contractors on the construction of the 10,000tpa Naraha Lithium Hydroxide Plant in Japan. Discussions have progressed with Toyota Tsusho Corporation (TTC) regarding the final commercial arrangements between the JV partners. A final investment decision is still expected mid-year

*BORAX ARGENTINA*

· Overall sales volume in the March quarter was 9,079 tonnes (8,341t in the prior quarter)
· Sales of refined higher value borate products (decahydrate, pentahydrate, anhydrous) were up 61% compared to the previous corresponding period
· The Tincalayu Expansion Project feasibility study (from 30,000 tonnes to 120,000 tonnes decahydrate equivalent and 40,000 tonnes of Boric Acid) is undergoing an internal review

*ADVANTAGE LITHIUM (29%) AND CAUCHARI JV*

· Advantage Lithium has now undertaken drilling at 12 locations within the Cauchari tenements and is about to complete Phase 1 and 2 of its drilling program
· Phase 3 drilling will test the extent of a deeper sand unit that has been intersected in a number of holes
· An updated resource estimate is expected to be completed in the June quarter
· A Preliminary Economic Assessment will be completed by mid-year with a Feasibility Study to be completed by early 2019
· Recent results confirm that the brine body in the north west sector of Cauchari extends to the southern boundary of Olaroz

*CORPORATE*

· As at 31 March 2018, Orocobre Group had US$319 million of available cash
· During the quarter the previously announced A$361 million funding initiative was completed ensuring that the Phase 2 Olaroz expansion and Lithium Hydroxide plant (in Japan) are both fully funded
· All standby letters of credit have now been released
· Mr Masaharu Katayama from Toyota Tsusho Corporation was appointed to the Orocobre Board of Directors
· Following the end of the quarter Richard Seville advised the Board that he intends to step down from the role of Managing Director and CEO, the company has commenced a recruitment process to find his replacement. The recruitment and transition processes are expected to take approximately 12 months. Richard will remain as a Director of Orocobre.
· During the quarter Lithium X Energy Corp, owner of the Diablillos project in Salta province, completed a change of control transaction with Chinese based purchasers. As a result, Orocobre will receive approximately $C1.7m in respect of its shareholding in Lithium X. Orocobre maintains a 1% revenue royalty over all production from the Diablillos project. Borax Argentina also holds a usufruct (right to extract) for high grade ulexite ore at Diablillos*OLAROZ LITHIUM FACILITY**For more information on Olaroz click here*

The Olaroz Lithium Facility is located in the Jujuy province of Argentina. Together with partners, Toyota Tsusho Corporation and Jujuy Energia y Mineria Sociedad del Estado (*JEMSE*), Orocobre is now operating the first large scale lithium chemicals brine-based facility to be commissioned in approximately 20 years.

Olaroz produces high quality lithium carbonate chemicals for both the battery and industrial markets. It is the only operation in the world with an integrated purification circuit that permits it to produce, if desired, 100% battery grade lithium carbonate (+99.5%) on site.

The Olaroz Lithium Facility joint venture is operated through Argentine subsidiary Sales de Jujuy S.A. (SDJ). The effective equity interests are: Orocobre 66.5%, TTC 25.0% and JEMSE 8.5%.

*PRODUCTION, SALES AND OPERATIONAL UPDATE*

*PRODUCTION AND SALES*

As previously advised production for the March quarter was 2,802 tonnes, down 29% from 3,937 tonnes in the December quarter. Sales were 3,052 tonnes with a record realised average price up 17% on the December quarter to US$13,533^3 per tonne on a FOB basis and record total sales revenue of US$41.3 million. Operating costs (on a cost of goods sold basis) were US$4,356/tonne, up 10% QoQ due to lower production levels which were partially offset by low cost inventory that was sold during the quarter but produced in December 2017.Gross cash margins were a record US$9,177 per tonne, up 21% on the December quarter with significantly higher prices partially offset by marginally higher costs. This continues to demonstrate the strong cash generation ability of the Olaroz operations.
*Metric* *March
 quarter 2018* *December
 quarter 2017* *Change QoQ (%)* *Year to Date*
*Production (tonnes)* 2,802 3,937 -29% 8,874
*Sales (tonnes)* 3,052 3,460 -12% 8,584
*Average price received (US$/tonne)* 13,533 11,550 17% 12,168
*Cost of sales (US$/tonne)^4* 4,356 3,946 10% 4,343
*Revenue (US$M)* 41 40 3% 105
*Gross cash margin (US$/tonne)* 9,177 7,604 21% 7,825
*Gross cash margin (%)* 68% 66% 3% 64%
         

*OPERATIONAL UPDATE*

The lower production rate in the March quarter was due to lower evaporation rates in the period, 24% below those in 2017, caused by reduced solar radiation from cloudy conditions and above normal rainfall. In particular, the February mean evaporation rate was the lowest recorded since 2011 and less than half that of February 2017 resulting in lower than expected brine concentrations at the beginning of March. Concentrations improved during March but did not recover to the level expected, affecting production performance during this period and into the current quarter.

*Pond harvesting*

Towards the end of the quarter, the first cycle of salt harvesting commenced from the harvestable ponds, the final eight ponds in the pond system. This process will occur approximately every three years and involves the removal of the majority of salt, mainly halite and sylvite, which has precipitated through the evaporative process. Construction of the salt stock pile area has commenced immediately adjacent to the existing harvest ponds where the mined salts will be stored.

The sequential process involves each pond being drained and then the salt being removed. Although evaporative area is lost in the process, the recovery of stored brine from the salts through the drainage process and the addition of three harvest ponds (due for construction this quarter) is expected to fully compensate the impact of a reduced evaporation area.

The salt drainage and harvesting process will take approximately 8 months.

*Carbon dioxide recovery *

Carbon dioxide is used at the Olaroz Lithium Facility in the production of battery grade lithium carbonate. It is currently sourced from near Buenos Aires, Cordoba and Mendoza and transported up to 1,800 kilometres by truck. Consequently, it is a significant component of total reagent costs and the Company is installing CO[2] recovery systems on various parts of the purification circuit to recover CO[2] from the production process.

Results from engineering studies and a trial plant over the last year have demonstrated that recovery of up to 50% of total CO[2] is possible, and orders have now been placed for provision and installation of permanent equipment. Capital expenditure on this project is expected to be less than US$2M. The CO[2] plant is supplied as a package by a specialist manufacturer in Europe.

Installation and operation of the permanent CO[2] recovery equipment is expected in the second half of 2018 following some delays in the procurement and manufacturing of the equipment.

*Future production and guidance*

Production in the June quarter is expected to be significantly higher than the March quarter. At the end of March, harvest pond inventories were approximately 30% above the same period last year and continue to be supplied with brine from intermediate and primary ponds, in line with revised pond operating practices. Plant feed brine concentrations are currently 20% above the levels at the same time last year. Inventory balance between the pond areas will be affected by the salt harvesting process but this is not expected to negatively impact on production.

As previously advised, the company expects full year production (FY18) will be approximately 10% less than the previous guidance of approximately 14,000 tonnes. Production for the month to 28 April has been 1,135 tonnes.

*PHASE 2 EXPANSION AT OLAROZ*

The Phase 2 expansion of Olaroz is fully funded with cash and proposed debt funding arrangements. Final investment decision remains subject to Orocobre and JV Board approvals.

*SCOPE OF PHASE 2 EXPANSION*

Based on forecast strong demand growth the Joint Venture Partners have scaled the expansion to 25,000 tonnes per annum (total 42,500 tonnes per annum across the whole Olaroz site).

The increased expansion plans retain the simplified design to remove the purification circuit from the incremental production with the proposed development of a 10,000tpa Naraha Lithium Hydroxide Plant in Japan. The resultant product mix is 17,500 tonnes per annum purified lithium carbonate (>99.5%) from the existing purification circuit and 25,000 tonnes per annum Prime grade lithium carbonate (avg. 99.0%) which will provide feedstock for the planned Naraha Lithium Hydroxide Plant.

Capital expenditure for Phase 2 is approximately US$285 million including a US$25 million contingency and allowing for the addition of evaporators/crystallisers (US$13m) to service both Phase 1 and 2. The expansion retains a lower risk of implementation as the project is based around a simple duplication and upscaling of bores, ponds and primary circuit of Phase 1 at Olaroz.

Multinational engineering firm GHD continues to oversee engineering design studies for the Olaroz Phase 2 expansion; all basic engineering work has been completed.

All key permits for the expansion have been received for process water, brine extraction, additional bores, new ponds and the new plant from the Jujuy Provincial Government.

A construction team has been established and major tenders are being finalised.

Long lead time activities are being prioritised such as vegetation clearing for the new ponds with the first of the new harvest ponds underway. Road construction and drilling of the first new bore has also started. The vegetation removed from the pond area is provided to local communities as part of the Company’s shared value programme as it is a valuable fuel. Expansion of existing infrastructure such as sewerage and camp facilities will commence this quarter.

Wherever possible, local communities are involved in procurement and construction activities. This has already seen contracts awarded to local companies for the vegetation removal, provision of offices and accommodation and fencing.

*Key project milestones include:*

*Milestone* *Timing*
*Final joint venture approvals* mid 2018
*Drilling of wells * 2018
*Construction of ponds* 2H 2018 – 1H 2019
*Construction of lithium carbonate plant* 2H 2018 – 2H 2019
*Plant commissioning* 2H 2019
   

*MARKET AND SALES*

Total volume of lithium carbonate sold in the March quarter was 3,052 tonnes. Lithium carbonate prices increased 17% to US$13,533/tonne (FOB) for the quarter.

Since operations commenced Olaroz has developed a strong customer base of >70 customers who have tested and accepted the high grade Purified and Prime products. The Purified product regularly tests at 99.9% lithium carbonate and is sold to battery and cathode end users. The Prime product regularly tests at 99% lithium carbonate and is sold to a variety of technical and industrial end users. Neither of these products require any additional processing for their respective markets and uses.

*LITHIUM MARKET*

The rechargeable battery market continued to forge ahead, generating strong lithium demand despite the holiday season. While many large cathode customers reportedly attempted to build lithium inventories in the December quarter, stocks were quickly run down as the Chinese government clarified the EV policy regarding ‘New Energy Vehicles’ (NEV). This resulted in many customers returning to the market earlier than lithium suppliers expected at a time when lithium producers volumes were fully-committed. Uncommitted supply from smaller Chinese brine and lepidolite/spodumene conversion plants that intermittently sell into the spot market during the year was also limited as operations were impacted by the Chinese New Year and Spring Festival holidays.

The differential between China domestic market price and the rest of the world market price continued to close QoQ. Major Chinese producers Tianqi and Ganfeng prices were reportedly stable at H2 levels with no un-committed volume available as both experienced an imbalance between spodumene concentrate supply and lithium salt production due to longer than expected maintenance or completion and commissioning of expansion volume. Tianqi’s Jiangsu conversion plant (17.5ktpa LCE nameplate capacity) was shut down for an extended period during April for maintenance resulting in a significant backlog of undelivered volume while production from Ganfeng’s expanded capacity (~10ktpa hydroxide expansion) was delayed in commissioning (Asian Metals). Similarly, another significant conversion plant, Yahua, also conceded it had temporarily ceased production to improve plant equipment to support more effective conversion of its multi-source feedstock (Benchmark Minerals, April 2018). Meanwhile, Shandong Ruifu’s product line, installed to convert direct shipping ore (DSO), was scheduled to finish commissioning during the quarter, however no information could be sourced to confirm this had occurred or indicate the DSO had been converted to lithium carbonate equivalent product. 

Further investment is required in downstream conversion capacity to address the existing bottleneck for spodumene conversion. In response, many of the existing conversion plant operators announced expansions of varying scales and timeframes. Historically, actual effective conversion capacity has been significantly less than claimed nameplate capacity. Therefore, the actual conversion capacity realised in the short to medium term will lie somewhere between the existing capacity and claimed new nameplate capacity.

The consensus amongst suppliers is for market demand to be at a level of 14% CAGR or above. In the short term, demand will be driven by electric vehicle uptake and increasingly car manufacturers are announcing higher sales targets, new EV models and greater investment, upgrading advice from as recent as the December 2017 quarter. In addition to the mandatory EV sales requirements and credit system clarified during the quarter, China most recently announced it would remove foreign ownership caps for companies making fully electric and plug-in hybrid vehicles in 2018, for makers of commercial vehicles in 2020, and the wider car market by 2022. These ownership restrictions were imposed in 1994, limiting foreign carmakers to owning no more than a 50 percent share of any local venture and forcing foreign carmakers to work with Chinese firms.

In addition to demand from electric vehicles, the energy storage sector began to gather pace on a global scale. A number of key developments occurred during the quarter supporting the view that lithium demand from ESS may materialise earlier than most forecasts:

· Tesla deploys 143MWh of energy storage products in Q4 2018; Completes 129MWh energy storage installation in South Australia
· Tesla forecasts energy storage sales tripling in 2018 to 1,230MWh
· French utility EDF to invest US$10b in 10GW of ESS by 2035
· Hurricane Irma pushes Florida and Caribbean islands to integrate ESS
· AES and Siemens launch new ESS start-up, Confluence
· Sonnen announces new South Australia facility to build 10,000 residential ESS systems / year
· Tesla to install and aggregate 50,000 residential ESS systems in Australia
· NY State commits $260m on ESS; targets 1500MW by 2025
· Massachusetts sets 200MWh ESS target by 2020
· California targets 1,825MWh by 2024
· Over 2,500MWh of utility scale projects have been announced; construction in 2018 and beyond
· European, American, Australian residential segments set for record year

Robust demand from the electric vehicle and energy storage sectors compared to realistic forecast growth in both brine and hard rock supply, lead the company to conclude that the market will remain tight until at least 2020.

*BORAX ARGENTINA*

Progress was achieved during the quarter in developing Borax Argentina into a sustainable operational and financial business unit. The strategy is one of shifting to a product mix that will drive higher average pricing, improved margins and reducing unit costs at full production rates. This product mix realignment has included the removal of one high volume marginal / loss making product. Sales of refined higher value borate products (decahydrate, pentahydrate, anhydrous) were up 61% compared to the previous corresponding period.

Several new product development opportunities have been identified since this initiative began which have demonstrated strong market acceptance, particularly in the local South American market. During the quarter, more customer testing was completed resulting in product approval. Integration of these new products into the customer supply chain will be pursued over the course of the year. Unit costs are near or at record lows.

Borax Argentina will aim to drive greater sales share of these new products but recognise the need for customers to manage themselves out of their current supply arrangements before the financial benefits of the initiative can be realised.

* OPERATIONS*

Operations were focussed on maintaining healthy stock levels following a strong production drive in the previous quarter when record production levels were achieved at Tincalayu and the Boric Acid Plant at Campo Quijano. Stock levels remained above the minimum threshold throughout the quarter.

*COMBINED PRODUCT SALES VOLUME BY QUARTER*

*Previous Year Quarters* *Recent Quarters**
*
June 2016 9,274               June 2017 11,398
September 2016 11,940               September 2017 8,543
December 2016 8,767               December 2017 8,341
March 2017 9,672               March 2018 9,079
                     

*TINCALAYU EXPANSION STUDY*

The feasibility study on an expansion of the Tincalayu refined borates operation is currently under internal review. It is anticipated that the potential expansion will significantly increase efficiencies in the production of refined borates at Tincalayu and contribute to providing a step change improvement in unit costs. Approvals have been received for a new gas pipeline to supply the expanded plant and initial cost estimates are under review.

*MARKET CONDITIONS*

The Borax business has continued to develop marketing initiatives that reflect the changing needs of the market by working closely with customers to understand their product specification needs and delivery timelines. Recently a supply agreement was reached with a large corporate customer for the next 12 months at a price premium to the market. During the quarter, the business commenced supply of a new high specification mineral product into the industrial market and now has further orders for this product. The business has also developed mineral product for the agriculture market and discussions are underway in relation to supply of this product for the upcoming cropping season in Brazil.

Market prices remain in the trough of the price cycle and although there are some encouraging signs of market price improvement there is nothing definitive at this point to signal ongoing market price improvement. Last year, two sizeable customers were forced to apply for “Chapter 11” equivalent bankruptcy protection. Borax Argentina is actively investigating and pursuing various remedial actions, however the financial position of customers continues to have a significant financial impact on the business as evidenced by the impairment of Borax’s accounts receivable in the half year 31 December 2017 financial statements.

*SAFETY AND COMMUNITY*

*SAFETY MILESTONES*

At Borax, the Sijes mine site achieved 930 days without a lost time injury (LTI), Tincalayu achieved 330 days without a LTI and Campo Quijano achieved 500 days LTI free prior to an injury occurring during March.

Unfortunately, an incident also occurred at Olaroz during January resulting in a lost time injury. As of 31 March, the site had recorded 79 days without an LTI.

*SHARED VALUE PROGRAM AND COMMUNITY*

During the quarter community support initiatives continued through our shared value program.

*Education* programs recommenced for the year with 30 students (15 per roster) enrolled in our in-house secondary education courses. In the lead up to Easter, we also ran bakery training programs in the communities to support Passover preparations. These programs were attended by over 100 people and facilitated by our local catering contractor Cookins. We have also commenced design and approvals for construction of a Music Room at Olaroz, which will provide the local community with a space to develop creative skills.

*Transparency* initiatives during the quarter included community presentations on operational environmental performance, as well as coordinated monitoring projects involving community participants. Our project team have also run various meetings with the local communities during the quarter to explain the requirements of Phase 2 expansion, including employment and contracting opportunities.

*Empowerment* projects during the quarter have included: our microcredit program, with 24 local entrepreneurs across our 10 communities all meeting their repayment schedules (thus far approximately 25% of the funds invested have been repaid); and a recycling project in the communities of Huancar and Pastos Chicos, seeking to convert used plastic bottles into construction materials for community-owned development projects.

*Production and Natural Resources *projects during the quarter included working with the community to ensure that the vegetation clearing undertaken as part of Phase 2 expansion was done in a way that generated shared value. The existing vegetation held little productive, cultural or biodiversity value, and the community considered the cleared vegetation would provide a valuable fuel source.

In accordance with our *Community Agreement* with Olaroz Chico, we continue to provide fuel for power generation, potable water, internet services, road maintenance and undertake activities to promote culture, recreation, health, production, and sustainable development across all our ten communities.

*ADVANTAGE LITHIUM (ORE 29%)*

Advantage Lithium Corp (TSV:AAL) manages a portfolio of high quality assets in Argentina, including the Cauchari joint venture in which Orocobre holds a 25% interest. Orocobre also holds approximately 29% of the issued shares of AAL and 2,550,000 warrants exercisable at C$1.

*CAUCHARI PROJECT (ORE 21.25%)*

The Cauchari Project is located in the Jujuy province in NW Argentina and AAL also has a 100% interest in five other lithium properties that were previously held by Orocobre totalling 85,543 hectares.

The objective of work programs at Cauchari is to rapidly advance the property through exploration and towards development. A diamond and rotary drilling program is nearly complete (Phase 1 and 2) that will provide an updated resource estimate combining both NW and SE blocks of the core area.

*Upcoming Phase 3 drill program *

Additional deeper drilling has been planned to depths below 450m to fully define the extent of the deeper sand unit and the base of the Cauchari salar basin. The Phase 3 Program will include additional production well installations and pumping tests in the NW and SE Sectors and will follow on immediately from the Phase 2 program.

The Phase 3 deep drilling will be supported by a new drill rig (large diameter drilling capacity to beyond 600m). A series of holes will be completed to define the full extent of the lower (deep) sand unit for an additional update to the resource /reserve estimate.

*Cauchari JV Development Timeline *

The updated resource estimate, due to be released in the June quarter, will be followed by a Preliminary Economic Assessment (PEA) planned for completion in June-July. Proposals have been received from internationally recognised engineering companies with lithium experience and the selection process is well advanced to allow engineering studies for the PEA to commence in mid-April 2018.

The PEA will evaluate project development options and establish the preliminary project economics, summarised in a NI 43-101 Technical Report.

Advantage Lithium has completed a detailed project development schedule and budget and is fully funded through the completion of the Phase 2 program, and the updated resource estimate, the Preliminary Economic Assessment and the Phase 3 drill program which will support the definitive feasibility study targeted for early 2019.

*CORPORATE AND ADMINISTRATION*

*FINANCE*

*VAT*

VAT refunds of US$6.8M were received on a timely basis by SDJ during the quarter.

*CASH BALANCE, DEBT POSITION AND STANDBY LETTERS OF CREDIT*

As at 31 March 2018, Orocobre Group had available cash of US$319 million (net of project debt, cash is US$217.6 million) after the proceeds of the Strategic Placement and Rights Issue of US$282.4 million, and final release of standby letters of credit related to Sales de Jujuy of US$2.4 million. During the quarter, approximately US$3 million was provided to Borax Argentina to support a build of working capital.

Contributions were made to SDJ of US$9.2M for the establishment of a Debt Service Reserve Account as required under the terms of the Phase 1 project finance facility with Mizuho Bank.

Corporate costs were US$1.9 million. A further US$2.6 million was paid for development activities and acquisition of properties to secure future lime supplies.

*INFLATION VERSUS DEVALUATION*

The AR$/US$ exchange rate weakened by 8% during the quarter from AR$18.65/US$ at 31 December 2017 to AR$20.15 at 31 March whilst inflation for the same period was 6.5%. When looking at the accumulated 12-month period from 1 April 2017 to 31 March 2018, devaluation of the AR$ against the US$ was 30.9% versus inflation of 22.6%. This resulted in balancing US$ costs for ARS peso denominated expenses for the period considering the delayed response in devaluation vs inflation from the first six-month period, resulting in lower costs at Borax Argentina and to a lesser extent, SDJ. The effect of inflation and devaluation over time generally shows that they cancel each other out.

*GENERAL MEETING*

The Company held a General Meeting of shareholders at 9am AEST on 26 February 2018 at L23, 480 Queen Street, Brisbane. The meeting was called to approve the issue of shares to Toyota Tsusho Corporation. All resolutions were passed with +97% shareholder support.

*OTHER MATTERS*

Orocobre Limited appointed Mr Masaharu Katayama from Toyota Tsusho Corporation to its Board of Directors effective 12 April 2018. This was in accordance with the strategic placement of Orocobre shares to TTC (ASX announcement 16 January 2018), under the terms of which TTC is entitled to appoint a representative to the Orocobre Board of Directors.

Subsequent to the end of the quarter, Richard Seville informed the Board of his intention to step down from the role of Managing Director and Chief Executive Officer (CEO) of Orocobre. The Orocobre Board has now commenced a global search for Richard’s replacement. The Board believes this is an exciting opportunity for a future CEO and has appointed Egon Zehnder to assist in this process. The recruitment and transition processes are expected to take approximately 12 months.

Richard will remain on the Board of Orocobre and retain a direct role in key stakeholder relationships, in particular Toyota Tsusho Corporation.  This will ensure the transition is effective as possible with the new Chief Executive Officer.

During the quarter Lithium X Energy Corp, owner of the Diablillos project in Salta province, completed a change of control transaction with Chinese based purchasers. As a result, Orocobre will receive approximately $C1.7M in respect of its shareholding in Lithium X. Orocobre maintains a 1% revenue royalty overall production from the Diablillos project. Borax Argentina also holds a usufruct (right to extract) for high grade ulexite ore at Diablillos.

*FOR FURTHER INFORMATION PLEASE CONTACT:*
*
Andrew Barber*
Investor Relations Manager
Orocobre Limited
T: +61 7 3871 3985
M:+61 418 783 701
E: *abarber@orocobre.com*
W: *www.orocobre.com.au*

*______________________________________________*

^1 All figures presented in this report are unaudited^2 All figures 100% Olaroz Project basis

^3 Note: Orocobre reports price as “FOB” (Free On Board) which excludes additional insurance and freight charges included in “CIF” (Cost, Insurance and Freight or delivered to destination port) pricing. The key difference between an FOB and CIF agreement is the point at which responsibility and liability transfer from seller to buyer. With a FOB shipment, this typically occurs when the goods pass the ship’s rail at the export port. With a CIF agreement, the seller pays costs and assumes liability until the goods reach the port of destination chosen by the buyer. The Company’s pricing is also net of TTC commissions.

The intention in reporting FOB prices is to provide clarity on the sales revenue that flows back to SDJ, the joint venture company in Argentina.

^4 Excludes royalties and head office costs Reported by GlobeNewswire 50 minutes ago.

Cradlepoint Adds New Product Marketing and Global Sales Executives

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New global chief revenue officer and vice president of product and solutions marketing will help the company extend its 4G LTE leadership to new era of software-defined and wireless WANs

BOISE, Idaho (PRWEB) April 30, 2018

Cradlepoint, the global leader in cloud-delivered edge solutions for 4G/5G-enabled networks, announced today the addition of two new executives to the company’s go-to-market leadership team. Cradlepoint welcomes Jim Hilbert as the new chief revenue officer and Donna Johnson as the new vice president of product and solutions marketing. Hilbert and Johnson are accomplished and channel-savvy technology executives with experience in bringing successful cloud and software-defined WAN (SD-WAN) solutions to market.

Jim Hilbert brings over 30 years of global sales, channel and strategy expertise to Cradlepoint and has significant experience in early and growth stage technology companies. Previously, Jim was the chief revenue officer at Aryaka, a leader in delivering SD-WAN as a network service. Prior to Aryaka, Jim developed and led high-performance sales teams and scaled revenues at several leading technology companies including Rackspace, EMC, FireHost and IBM.

Donna Johnson joins Cradlepoint from Citrix where she served as the director of product marketing for their NetScaler SD-WAN solution. Prior to Citrix, Donna held senior product marketing and management roles at SD-WAN pioneer Talari. She also held senior product marketing, product management and engineering roles at OSI, Aligo and Dorado Software.

These hires come on the heels of Cradlepoint’s newly announced NetCloud Solution Packages, which combine essential NetCloud services with fit-for-purpose, lifetime warrantied hardware and 24x7 comprehensive support in a single subscription. This new service-oriented packaging is a significant step forward in the company’s cloud-delivered solution model, and makes it easier for customers to buy, deploy, manage and evolve their Cradlepoint networks.

“The forces of cloud, mobile, IoT and 5G are transforming the enterprise WAN and changing the way network solutions are developed, delivered and operated,” said George Mulhern, chief executive officer at Cradlepoint. “Jim and Donna bring the right go-to-market knowledge and experience to help Cradlepoint capitalize on this transformation and extend our 4G LTE leadership into the new era of pervasive, elastic and wireless WANs.”

About Cradlepoint
Cradlepoint is the global leader in cloud-delivered, edge solutions for 4G/5G-enabled branch, mobile, and IoT networks. Cradlepoint Elastic Edge™ is powered by the NetCloud services platform and provides a blueprint for pervasive, software-driven wireless WANs that connect people, places and things everywhere with complete visibility, security and control. More than 20,000 enterprise and government organizations around the world — including 75 percent of the world’s top retailers, 50 percent of the Fortune 100 and 25 of the largest U.S. cities — rely on Cradlepoint to keep critical branches, points of commerce, field forces, vehicles, and IoT devices always connected and protected. Major service providers use Cradlepoint wireless solutions as the foundation for innovative managed network services. Founded in 2006, Cradlepoint is a privately held company headquartered in Boise, Idaho, with a development center in Silicon Valley and international offices in the UK and Australia. Learn more at cradlepoint.com or follow us on Twitter @cradlepoint. Reported by PRWeb 43 minutes ago.

Digitization and Demographic Changes to Drive Growth in $3.2 Billion Chinese Dental Prosthetics Market

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Digitization and demographic changes in China to drive growth in every segment of the total dental prosthetics market, according to a new market analysis by iData Research.

VANCOUVER, Canada (PRWEB) April 30, 2018

According to a new series of reports by iData Research, the total Chinese dental prosthetics market is valued at $3.2 billion USD. This value is expected to increase in 2018 through 2024. The total dental prosthetic market will be driven by the rapidly aging Chinese population.

According to the United Nations’ Population Division, the percentage of the Chinese population over 65 years old will double from 8% in 2010 to 16% in 2030. Because periodontal disease, tooth decay and caries become more severe and prevalent with age, older generations tend to have fewer natural teeth than younger ones. This factor, combined with traditionally poor dental health in China, will drive the market for dental prosthetics through the forecast period.

“With changes in demographics, many patients are outliving their dentures,” explains Jeffrey Wong, Analyst Director at iData Research. “Consequently, the denture market will see additional sales from the existing client base seeking product replacements.”

Request a Free Sample from This Latest Research on the China Dental Prosthetics Market

The increase in market demand in turn necessitates an increase in production. An ongoing trend within the dental prosthetic market is the movement towards digitization. Through the use of CAD/CAM technology, dentists and laboratory technicians are able to increase productivity levels. The increasing use of CAD/CAM systems, in conjunction with rising costs associated with the production of conventional prosthetics, will stimulate growth in the CAD/CAM prosthetics market.

The digital denture market encompasses dentures that are produced via 3D printers and those
fabricated using CAD/CAM technology. The current 3D printer market is largely centralized around
models and trials. As such, the digital denture market represented a minor portion of total full dentures.
Nevertheless, as digital products are offered with higher average selling prices, their growth will propel the upward trend in average selling prices of the total denture market.

There has been significant investment in the denture market by some of the largest laboratories in the country. Small-scale labs may be absorbed if they lack the financial means to invest in the necessary technology as CAD/CAM systems become more and more prevalent. This puts small facilities at a disadvantage because they may not produce enough unit sales to cover their fixed costs. By reducing the number of locations, dental labs can concentrate unit sales at facilities and maintain economies of scale, with cost savings distributed across the entire dental prosthetics market.

For Further Market Information
More can be found in a series of reports published by iData Research entitled the China Market Report Suite for Dental Prosthetics 2018 - MedSuite. The China market for dental prosthetics includes crowns and bridges, dentures and CAD/CAM prosthetics.

iData’s suite of reports on this subject covers the United States, Asia-Pacific (China, Japan, South Korea, India, Australia), Latin America (Mexico, Brazil, Argentina), Canada and 15 countries in Europe. These include a comprehensive analysis on units sold, market values, average selling prices, equipment installed bases, forecasts, as well as detailed competitive market shares and analysis of all major players.

Email us at info(at)idataresearch(dot)net or register online for a China Market Report Suite for Dental Prosthetics 2018 brochure and synopsis.

About iData Research
iData Research (http://www.idataresearch.com) is an international consulting and market research firm, dedicated to providing the best in business intelligence for the medical device industry. Our research empowers our clients by providing them with the necessary tools to achieve their goals and do it right the first time. Reported by PRWeb 43 minutes ago.

VGXI to Provide Plasmid Manufacturing under Client’s $56M CEPI Award

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VGXI, a Texas-based cGMP plasmid CMO, will provide manufacturing support under client’s $56M CEPI award for the development of Lassa and MERS vaccines.

THE WOODLANDS, Texas (PRWEB) April 30, 2018

VGXI announced today they will collaborate with one of their clients on a recent $56,000,000 award from the Coalition for Epidemic Preparedness Innovations, or CEPI to support the development of DNA vaccines for Lassa and Middle East Respiratory Syndrome (MERS). The funding will advance pre-clinical and clinical development of the two DNA vaccines, with the goal of readying them for possible use in the event of an emergency.

As part of the partnership, VGXI will provide manufacturing of cGMP grade plasmid DNA for use in human clinical studies. Additionally, the award may be expanded to support manufacturing of investigational stockpiles for both vaccines in the future.

“Having supported the rapid development of DNA vaccines in response to Zika, MERS, and Ebola outbreaks in recent years, VGXI is highly experienced in this field,” said VGXI’s Chief Operating Officer Dorothy Peterson. “I am confident our team will be successful in supporting our client’s objectives as part of this collaboration.”

ABOUT VGXI, INC.
With over 15 years of experience, VGXI, Inc. is a leading provider of plasmid DNA manufacturing and development services for DNA vaccine and gene therapy research. The company has an outstanding track record of success in manufacturing plasmid products under cGMP conditions for clinical trials in the US, EU, Asia and Australia, and its cGMP and non-GMP products have passed rigorous reviews by several international regulatory agencies. VGXI’s ability to work with unique requirements and create custom manufacturing solutions is based on its patented manufacturing process, flexible cGMP production facility, and experienced development team. VGXI, Inc. is a wholly-owned subsidiary CMO of GeneOne Life Science, Inc. To learn more about VGXI's services, visit http://www.vgxii.com.

ABOUT GENEONE LIFE SCIENCE
GeneOne Life Science Inc. (“GeneOne” KOSPI: 011000) is an international DNA vaccine developer and leading contract manufacturer of DNA plasmid-based agents for pre-clinical and clinical trials for global companies and institutions. It researches and develops DNA vaccines to prevent and treat incurable diseases in South Korea and internationally. The company is headquartered in Seoul, South Korea. VGXI, Inc., GeneOne's wholly-owned manufacturing subsidiary located in Texas, is the largest pure-play cGMP DNA plasmid manufacturing facility in the world. For more information, visit http://www.genels.com/en.

ABOUT CEPI
CEPI is an innovative partnership between public, private, philanthropic and civil organizations founded in Davos in 2017. To date, CEPI has received multi-year funding from Norway, Germany, Japan, the Bill & Melinda Gates Foundation and Wellcome. CEPI has also received single-year investments from the governments of Australia, Belgium, and Canada. It has reached $630 million of its target $1 billion funding target. The European Commission has announced a contribution in kind of €250 million that will support relevant projects through EC mechanisms. Since its launch in January 2017, CEPI has announced two Calls for Proposals. The first was for candidate vaccines against MERS-COV, Nipah and Lassa viruses. The second was for the development of platforms that can be used for rapid vaccine development against unknown pathogens.

CAUTIONARY FACTORS THAT MAY AFFECT FUTURE RESULTS
Materials in this press release contain information that includes or is based upon forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Forward-looking statements relate to expectations or forecasts of future events. These statements can be identified by the fact that they do not relate strictly to historical or current facts. They include words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” and other words and terms of similar meaning in connection with a discussion of potential future events, circumstances or future operating or financial performance. In particular, these include statements relating to future actions, prospective products or product approvals, future performance or results of current and anticipated products, sales efforts, expenses, the outcome of contingencies such as legal proceedings, and financial results. Any or all of our forward-looking statements here or in other publications may turn out to be incorrect. They can be affected by inaccurate assumptions or by known or unknown risks and uncertainties. Many such factors will be important in determining our actual future results. Consequently, no forward-looking statement can be guaranteed, and forward-looking statements may be adversely affected by factors, including general market conditions, competitive product development, product availability, current and future branded and generic competition, federal and state regulations and legislation, manufacturing issues, timing of the elimination of trade buying, patent positions, litigations and investigations. Our actual results may vary materially, and there are no guarantees about the performance or valuation of GeneOne stock. It is also important to read the disclosure notice contained in many of the individual GeneOne documents available on the website, as many contain important information on such cautionary factors as of the date of the individual document. We undertake no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our reports. Reported by PRWeb 42 minutes ago.

Luxury Retailer Molton Brown Delivers on Multi-Phased Customer Experience Transformation with SaaS Point of Sale Powered by OneView Commerce

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OneView digital transformation fulfills Molton Brown’s high-end brand promise by re-imagining the customer experience and improving store operationsBOSTON and LONDON, April 30, 2018 (GLOBE NEWSWIRE) -- OneView Commerce (AIM:ONEV), the retail industry’s leading provider of digital point of sale (POS), enterprise promotions, and inventory management, announced today that Molton Brown Limited has gone live with the digital POS framework at the retailer’s first two London High Street stores, with two stores in Ireland following immediately thereafter. The first launch took place at the London Broad Street store on April 9, replacing a traditional POS with a cloud-based POS with omnichannel capabilities. Last week the company went live at a second London store, in Covent Garden, and at two of its Ireland locations. Molton Brown will now commence a fast-paced rollout of the OneView solution across its store estate in the United Kingdom and the United States by the end of May 2018. 

According to Tanay Taank, senior director of digital marketing, omni-commerce and sales applications at Molton Brown, “The go live of the OneView Digital Store is a significant milestone in our transformation journey. The positive initial results align with our expectations that the solution will deliver significant improvements for our retail stores that will directly translate into improved customer engagement. OneView’s digital point of sale, powerful promotions and real-time enterprise view of inventory combined with the SaaS model aligns with our operational strategy for continuous improvement in customer experience, store operations and supply-chain effectiveness—all focused on the needs of our loyal customers and the upcoming digital savvy consumers.”

Molton Brown’s journey to digital transformation is driven by a commitment to improving the customer experience with the brand, and to deliver on its vision of the high-end store of the future. The OneView Digital Store Platform provides a strong foundation on which to build for future growth including plans to transform the company’s omnichannel services to create a cohesive unified commerce experience for its customers.

OneView Chief Executive Officer Linda Palanza explained, “It has been a wonderful experience working with Molton Brown, a global retailer that is embracing the future of the digital landscape to position itself to be more aware of customer shopping behaviors and recognize that instant access to real-time customer and inventory information will better serve shoppers in every channel. We share a common vision of omnichannel retailing and look forward to our continued collaboration to deliver this vision.”

Molton Brown selected OneView’s SaaS-based Digital Store Platform that includes application management and support for both applications and infrastructure. Store associates reported that the OneView Digital Store Platform is intuitive and easy to use, allowing the store to focus on the customer versus time spent on legacy systems and processes. Additionally, the system provides strong benefits for operational support including agility in promotions and inventory management processes that allow Molton Brown to deliver the highly personalized customer experience that is core to its business strategy.

*About Molton Brown Limited
*Expertly blended in London, Molton Brown’s collection of signature fragrances, bath and shower gels, home and hand care luxuries have claimed iconic status with vibrant colours and bold scents. Carefully sourcing ingredients from around the world, each creation is intricately composed by some of the world’s best perfumers for a truly indulgent, memorable experience.

*About OneView Commerce *
OneView Commerce is a pioneer in digital store transformation, helping global retailers implement successful unified commerce strategies that center on the critical engagement in-store. The company’s cloud-based Digital Store Platform combines digital point of sale, real-time inventory management, and enterprise promotions to deliver a comprehensive store solution that drives increased footfalls, expands basket size and maximizes process optimization to improve margins. OneView enables the exchange of powerful store information across the enterprise to positively impact sales, business operations and customer experience. Australia Post, Molton Brown, and Carhartt are among the many global retailers revolutionizing their stores with OneView Commerce. For more information, visit www.oneviewcommerce.com. Twitter: @oneviewcommerce.

OneView is a registered trademark of OneView Commerce. All other trademarks belong to their respective companies.

*Contact:                                                                                                                
*Lis Grant
Schwegman Communications, Inc.                                                                                                           
612-599-7797
lis@schwegmancommunications.com Reported by GlobeNewswire 37 minutes ago.

Meet the App that Lets Anyone Launch Marketo Campaigns, At Scale, With Zero Risk

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Perkuto to Demo Jeto Software at Marketo Marketing Nation Summit

SAN FRANCISCO (PRWEB) April 30, 2018

Marketers who want to launch more Marketo campaigns faster finally have a solution to quickly and easily scale marketing operations without any risk or complexity. Jeto, a web form-to-Marketo app created by MarTech consulting firm Perkuto, allows businesses to delegate campaign creation and launch activities to any team member, including non-technical users without prior experience. Perkuto will be presenting demos of the app at Booth 441 at the Marketo Marketing Nation Summit in San Francisco.

INTIMO LINGERIE GROWS DATABASE FROM 0 TO 50,000 CUSTOMERS WITH JETO
At Intimo Lingerie, an Australia-based direct-selling company with over 2000 self-employed fitting specialists organizing 1500 monthly in-home sales events and lingerie fittings per month, Jeto has effectively grown the email database from nothing to more than 50,000 customers in mere months.

“Using Jeto, we can let our fitting specialists easily create and deploy large marketing campaigns,” said Matt Varone, Intimo’s Digital Marketing Manager. “Intuitive and easy to use, an independent fitting specialist can simply enter event information into an external form, which will trigger a series of automated campaigns that our in-house Sales team has generated, intended to build consumer demand before and after a sales event. And Jeto supports hundreds of users, so we could quickly deploy it to all of our fitting specialists without having to worry about a steep learning curve or other issues that typically come along with adopting new technology. They just had to fill out a form.”

Intimo’s results with Jeto have been stellar. “Even I couldn’t have imagined what was going to come out if it,” said Varone. “We’re ramping up and building scale at the level that is unprecedented and unexpected.” Intimo’s marketable database has grown from zero customers to 50,000 customers in months and is estimated to be at 80,000 before the end of 2018.

BENEFITS OF JETO
Jeto has a number of benefits for marketing teams interested in leveraging the power of Marketo without the complexity and risk associated with allowing non-technical users to have access. Jeto provides a structure in which to scale marketing operations, allowing more people to run more high-quality, error-free campaigns, without requiring additional support and resources from the marketing ops team. This scalable structure—more people executing more campaigns—ultimately leads to more revenue, another undeniable benefit. And because campaigns can be created and launched faster, and by people at all levels of the organization—including those whose pay rates fall at the lower end of the scale—campaign production fees and associated costs can be reduced, saving money.

With Jeto, anyone can fill out a form and launch a beautiful campaign within minutes, allowing the marketing team to give access in total confidence to field marketers, HR, support or product teams or even partners outside your organization.

“Over the years, many of our clients have told us that Marketo is simply too powerful for them to hand over to beginners, independent reps or even certain teams without worrying about major setbacks occurring, which is a reasonable concern,” said Alexandre Pelletier, CEO of Perkuto, makers of Jeto. “We created Jeto to make marketing automation accessible to anyone, to bridge the gap between marketing automation and having enough information and knowledge to put together a campaign without needing to know all of the mechanics behind it.”

HOW JETO WORKS
In Jeto, users are able to choose from a pre-set list of available campaigns, including emails, events, webinars and even SMS campaigns. Once a user selects a campaign, they fill out a simple web form with the information necessary to populate their campaign. Jeto then uses the Marketo API to launch the campaign in the business’ Marketo instance, all without ever giving the user access to Marketo.

ABOUT JETO
With a simplified user interface and structured validation/approbation workflow, Jeto helps marketing teams scale campaign execution by enabling non-technical people to create and launch marketing campaigns without ever needing to step foot inside their marketing automation software. Visit jeto.io to learn more.

ABOUT PERKUTO
Perkuto helps marketing leaders who feel frustrated with not having a bigger impact on revenue. As a Marketo Platinum Partner, our team of experienced consultants create impactful strategies, optimize marketing operations, simplify MarTech and execute on day-to-day campaigns. We assist marketing leaders in exceeding their goals and rising to the top. Visit perkuto.com to learn more.

Perkuto and the Perkuto and the Jeto logo are trademarks of Perkuto. All other trademarks are the property of their respective owners. Reported by PRWeb 39 minutes ago.

Gay Marriage Proposal On The Voice Australia Will Make You Believe In Love Again!!

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These cuties!!! After being together for 6 years, The Voice Australia hopeful Nathan Brake decided to propose to his partner Mitchell DURING HIS BLIND AUDITION! This is extra special because Australia just legalized same-sex marriage in December 2017. LOVE WINS, folks! Ch-ch-check out the moment (above)! Reported by Perez Hilton 26 minutes ago.

Facebook begins the roll-out of its Reddit-style downvote button to flag inappropriate comments

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Facebook begins the roll-out of its Reddit-style downvote button to flag inappropriate comments The feature was first tested in February on five per cent of Android users in the US. As part of the recent expansion, select users in Australia and New Zealand can now also access the tool. Reported by MailOnline 32 minutes ago.

Cash and cars: Clyde Campbell took $2.5m in bribes for contract, UK judge rules

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Former head of Fiat Chrysler Australia took $2.5 million in bribes to help an IT company win his company’s contract for car dealer websites, a London judge has ruled. Reported by Sydney Morning Herald 20 minutes ago.

Facebook begins the roll-out of its Reddit-style downvote button

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Facebook begins the roll-out of its Reddit-style downvote button The feature was first tested in February on five per cent of Android users in the US. As part of the recent expansion, select users in Australia and New Zealand can now also access the tool. Reported by MailOnline 29 minutes ago.

The world's oldest recorded spider built herself a hole, then just stayed there till age 43

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Just how many walking sticks would an elderly spider require?

SEE ALSO: 5 common groceries made from microorganisms

Researchers in Australia monitored what is most likely the world's oldest spider on record, who died at age 43, outstripping the previous record-holder, a 28-year-old tarantula.

The lead researcher, Leanda Mason, said of the spider in question, "to our knowledge this is the oldest spider ever recorded, and her significant life has allowed us to further investigate the trapdoor spider’s behaviour and population dynamics,” according to a press release.

A sedentary creature, the female Gaius villosus trapdoor spider builds itself a tunnel in the ground and stays there, seldom wandering too far from its hidey-hole. Sounds pretty ideal to be honest. Read more...

More about Australia, Science, Spider, Oldest, and Science Reported by Mashable 16 minutes ago.

Tyler Technologies Expands Odyssey Case Management Solution within the Northern Territory of Australia

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Tyler Technologies Expands Odyssey Case Management Solution within the Northern Territory of Australia PLANO, Texas--(BUSINESS WIRE)--$TYL #tylertech--Tyler Technologies expands its Odyssey case management solution within the Northern Territory of Australia. Reported by Business Wire 29 minutes ago.

Golden Matrix Group Issues Update on the Company's State-of-the-Art Online Gaming Technology

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LAS VEGAS, NV, April 30, 2018 (GLOBE NEWSWIRE) -- Golden Matrix Group Inc. *(OTCPK: GMGI)* today announced that its state-of-the-art online gaming technology has been successfully deployed in the months of March and April to customers of gaming operators based primarily in Asia.

As previously reported, Golden Matrix entered into an Asset Purchase Agreement on February 28, 2018 to acquire the gaming technology - along with certain intellectual property and know-how - from Luxor Capital LLC; and on March 1, 2018, the company entered into a definitive license and distribution agreement with Articulate Pty Ltd. to monetize the deployment of the acquired technology. Both Luxor and Articulate are affiliates of GMGI’s chief executive officer, Mr. Anthony Goodman.

Articulate, based in Sydney, Australia, is a gaming service company offering third party online gaming content together with customer retention, support and marketing services. Articulate has a customer base with extensive distribution primarily in the Asia Pacific(APAC) region. In exchange for the license to utilize GMGI’s technology and online gaming platform, Articulate pays fees to Golden Matrix calculated as a percentage of the monthly usage by its many clients. Articulate plans to utilize GMGI’s technology to help grow its existing business and gain access to additional markets outside of APAC*.*

“These recent events have created an exceptional opportunity for Golden Matrix,” said CEO Anthony Goodman. “We expect our relationship with Articulate to not only produce a meaningful and monthly recurring revenue stream, but also position GMGI as an important technology and content provider to the rapidly growing online social gaming market.”

*About Golden Matrix Group Inc.*

Golden Matrix Group, based in Las Vegas, NV, is an established gaming technology company that develops and owns online gaming IP and builds configurable and scalable white-label social gaming platforms for its international customers, located primarily in the Asia Pacific region. The gaming IP includes tools for marketing, acquisition, retention and monetization of users. The company's platform can be accessed through both desktop and mobile applications.

*Forward-Looking Statements*

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.

Connect with us.

Twitter - https://twitter.com/GMGI_Group

Instagram - https://www.instagram.com/goldenmatrixgroup/

CONTACT: Golden Matrix Group
Franco Sun
info@goldenmatrix.com
www.goldenmatrix.com Reported by GlobeNewswire 11 minutes ago.
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