Tech News
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Exa Announces Breakthrough in Software for Detection and Elimination of Unwanted Noise Through Simulation
- The FIND™ module within Exa PowerACOUSTICS® locates, quantifies and ranks noise sources so improvements can be made
- BMW Group says FIND enabled efficient optimization of HVAC noise in the earliest stages of vehicle development
- Applications for FIND are wide ranging and can be used in multiple industries including: automotive, rail, aerospace and HVAC
BURLINGTON, Mass., Nov. 24, 2015 (GLOBE NEWSWIRE) -- Exa® Corporation, a global innovator of simulation software for product engineering, today revealed its patent-pending FIND (Flow-Induced Noise Detection) capability within Exa PowerACOUSTICS. This integrated solution represents a critical advancement for Exa's existing aeroacoustic computational fluid dynamics (CFD) simulations by clearly pinpointing the origins of airflow-induced noise. Exa PowerFLOW® has long been the established leader in aeroacoustic simulations, but engineers have been challenged to unravel the complex turbulent flows in order to understand how to acoustically improve their designs by reducing the noise sources. Now the FIND software can analyze the fluid flow of a design and rank the different noise sources in order of importance, providing engineers with the insight they need. The noise generated can also be listened to before and after design modifications, so that the impact of any proposed improvements can be aurally assessed. Exa's solutions empower engineers to understand issues early in the development process. Product designs can then be improved in a digital environment, long before costly physical prototypes that provide no insight have been built.
A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=37800
A video animation of the FIND module within Exa PowerACOUSTICS can be seen here: https://youtu.be/Ahvu9EP9hnY
For the automotive industry, the FIND module within Exa PowerACOUSTICS predicts the flow-induced noise sources for areas such as greenhouse or underbody wind noise, HVAC and blower noise, or noise from within exhaust systems. Using a patent-pending method, it analyzes the airflow simulated with Exa's PowerFLOW, the market leader in ground vehicle aeroacoustics and the fastest and most accurate solution available. As always with PowerFLOW, the simulation reproduces the transient nature of real fluid flow, resulting in accurate modeling of turbulence. Flow-induced noise sources, even those normally masked by turbulent airflow, are then pinpointed in space by the FIND model and their intensity quantified, enabling a precise localization and ranking of noise problems. Thanks to other Exa products, the results can be visualized in 3D: quickly, clearly and simultaneously with the underlying design geometry. This makes it easy to convey the findings to engineers and managers, and easy to decide how to improve the design.
"Exa PowerFLOW accurately predicts aeroacoustic noise levels and PowerACOUSTICS FIND provides an unprecedented insight to identify noise sources. This allows engineers to make design changes that will reduce the generated noise levels," remarked Dr. Franck Pérot, Sr. Director of Acoustic Applications for Exa. "This capability applies to all aeroacoustics applications across multiple industries, such as wind noise and HVAC systems noise in automotive, landing-gear noise in aerospace, or applications in the rail industry. FIND provides significant additional value to our clients through these breakthrough capabilities that were not available anywhere, until now."
Collaboration with BMW
The noise produced by the HVAC system is one of the top complaints for automotive passengers. In close collaboration with Exa, BMW Group has already used the new tool to perform aeroacoustic evaluations of complete HVAC systems. BMW had previously found that analysis of the flow through standalone components such as ducts or blowers gave incomplete information on the acoustic performance of the whole system. Worse still, it had been found that it could be misleading to decide on which sub-system to improve, based solely on the sounds it generated.
"We initially used PowerFLOW and PowerACOUSTICS FIND for the BMW 7 Series and Rolls-Royce Phantom," said BMW 's Group Leader for Overall Vehicle Development, Dr.-Ing. Michael Spickenreuther. "We were so impressed with the noise sourcing capability that we have now implemented FIND across all our platforms. FIND is enabling us to deliver quieter cars."
By using PowerFLOW's transient simulation as the basis for an analysis of the complete HVAC system, BMW engineers were able to see how the sound was not only generated, but propagated through the system, from the initial source to the passenger's ear. The new FIND model provided enhanced insight by localizing, quantifying and ranking the generated acoustic power, providing a more complex and accurate view on where noise reduction improvements could be made within the system. Overall, BMW found that the tool enabled efficient optimization of HVAC aeroacoustics in the earliest stages of vehicle development. BMW published this work in a paper, Acoustic Source Detection for Climate Systems via Computational Fluid Dynamics for Improved Cabin Comfort, and presented it at the 3rd International ATZ Conference, held in Zurich, Switzerland.
About Exa Corporation
Exa (NASDAQ:EXA) (www.exa.com) Corporation's visualization and simulation software helps designers and engineers produce better vehicles and equipment. As a design evolves, Exa accurately predicts the performance of that design while providing actionable insight to optimize the performance of the product. With Exa, the need for costly physical prototypes and expensive late-stage changes is reduced. Now, designers and engineers are freed from the risk of producing compromised products that do not meet market and regulatory requirements. Some of the most successful product companies in the world use Exa, including BMW, Delphi, Denso, Fiat Chrysler, Ford, Hino, Honda, Hyundai, Jaguar Land Rover, Kenworth, Komatsu, MAN, Nissan, Peterbilt, Peugeot, Renault, Scania, Toyota, Volkswagen and Volvo Trucks.
Founded in 1991, the company is headquartered at 55 Network Drive, Burlington, MA, USA 01803. Tel: 1.781.564.0200; Fax: 1.781.564.0299; Email: info@exa.com; URL: www.exa.com; NASDAQ:EXA
FIND is a trademark and Exa, PowerFLOW and PowerACOUSTICS are registered trademarks of Exa Corporation.
The photo is also available via AP PhotoExpress.
CONTACT: For media enquiries, please contact: UK: James Parsons Tel: +44 1622 766526 E-mail: james.parsons@pfpr.com US: Cole Quinnell Tel: +1 248 877 0590 Email: cole.quinnell@pfpr.com Germany: David Plaettner Tel: +49 6971 0475 349 Email: david.plaettner@pfpr.com
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New Sears Hometown Store Opens in Great Falls
GREAT FALLS, Mont., Nov. 23, 2015 (GLOBE NEWSWIRE) -- Sears Hometown and Outlet Stores, Inc. (NASDAQ:SHOS) will open its newest Montana Sears Hometown Store on November 24 at 1200 10th Ave South Suite F-4 in Great Falls.
The Great Falls location marks the 26th opening of a new Sears Hometown Store this year and the 37th opening of a new store across all of Sears Hometown and Outlet Stores formats. Unlike most retail concepts, Sears Hometown Stores combine the value, selection and services associated with larger retail stores but are owned and operated by a member of the local community.
"We're looking forward to being a staple in the community as a resource for quality home appliances at competitive prices," said Terry Parsons, owner of the new Sears Hometown Store in Great Falls. "With our in-store kiosks and expert team, we're giving customers the most convenient and knowledgeable shopping experience we can offer."
This unique store format allows customers in small communities to have access to the great products and brands usually found only in Sears stores. For instance, the new Sears Hometown Store in Great Falls is the only place in town where customers can find an incredible selection of the top appliance brands such as Kenmore®, Maytag®, KitchenAid®, Whirlpool®, Bosch®, Frigidaire® and GE®, plus a large assortment of lawn and garden equipment, Craftsman® tools, fitness equipment, mattresses and more.
The Great Falls team is excited to provide customers with professional advice, exceptional service and real-time price checks to make sure they receive the guaranteed lowest price. For instance, if a product is not available in-stores, Sears Hometown Store associates can order customers any product from the entire merchandise selection offered by Sears, including apparel, footwear, jewelry and much more. Customers also have the option to order products online and pick them up in the store without a shipping charge. The Great Falls store also offers Sears Nationwide Service, Parts and Installation.
The Sears Hometown Store in Great Falls can be reached at (406) 952-0416 and is open Monday through Friday from 10 a.m. to 9 p.m., Saturday from 10 a.m. to 7 p.m. and on Sunday from 11 a.m. to 6 p.m. To learn more about Sears Hometown Stores, visit www.searshometownstores.com.
About Sears Hometown and Outlet Stores, Inc.
Sears Hometown and Outlet Stores, Inc. (NASDAQ:SHOS) is a national retailer primarily focused on selling home appliances, lawn and garden equipment, tools and hardware. As of August 1, 2015, Sears Hometown and Outlet Stores, Inc. and its dealers and franchisees operated 1,215 stores across all 50 states as well as in Puerto Rico and Bermuda. In addition to merchandise, Sears Hometown and Outlet Stores, Inc. provide consumers with access to a full suite of services, including home delivery, installation and extended service contracts.
Operating through two segments—the Sears Hometown and Hardware segment and the Sears Outlet segment—Sears Hometown and Outlet Stores, Inc. and its subsidiaries offer franchise and dealership opportunities focused on selling, as applicable, top brand home appliances, hardware, tools, lawn and garden equipment and outlet merchandise. For more information about Sears Hometown & Outlet Stores, Inc., visit www.shos.com. To learn about the opportunity to own and operate a store format, visit www.ownasearsstore.com.
CONTACT: MEDIA CONTACT: Lauren Underhill Phone Number: 847-945-1300 Email Address: lunderhill@fishmanpr.com
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Web.com Joins Bing Ads Elite SMB Partner Program
JACKSONVILLE, Fla., Nov. 23, 2015 (GLOBE NEWSWIRE) -- Web.com Group, Inc. (NASDAQ:WEB), a leading provider of Internet services and online marketing solutions for small businesses, announced today that it has joined the Bing Ads Elite SMB Partner Program, for partners who have proven and trusted expertise in driving growth to small- and medium-sized businesses through a deep understanding of the search advertising landscape, specifically through the Bing Ads platform. These partners are committed to providing high-quality support and service and have the requisite technology, innovation and skilled workforce to help businesses see success using Bing Ads products.
"Because Web.com is continually looking for better ways to help drive the success of our small business customers, we are delighted to become a Bing Ads Elite SMB Partner," said David Brown, chairman and chief executive officer of Web.com. "This effort clearly supports our mission of providing small businesses with the right tools to help them build stronger marketing campaigns that may lead to increased business opportunities."
As a Bing Ads Elite SMB Partner, Web.com customers will receive:
- Expertise that maximizes ROI through custom-fit digital marketing campaigns, the latest technology, performance tracking and tailored reporting
- Dedicated support that lets customers focus on their business while the Bing Ads Elite SMB Partners take care of their marketing needs
- Deep industry and Bing Ad platform knowledge gained through exclusive access to customized training and industry insights
"Bing is enthused to have Web.com join the Bing Ads Elite SMB Partner Program," said Kelly Thomas Nojaim, director, Channel Partner Team at Bing. "Web.com can now share with its small business customer Bing's expertise that maximizes ROI through custom-fit digital marketing campaigns, the latest technology, performance tracking and tailored reporting."
About Web.com
Web.com Group, Inc. (NASDAQ:WEB) provides a full range of Internet services to small businesses to help them compete and succeed online. Web.com is owner of several global domain registrars and further meets the needs of small businesses anywhere along their lifecycle with affordable, subscription-based solutions including website design and management, search engine optimization, online marketing campaigns, local sales leads, social media, mobile products, eCommerce solutions and call center services. To get more information, visit www.web.com; follow Web.com on Twitter @webdotcom or on Facebook at www.facebook.com/web.com. For additional online marketing resources and small business networking, please visit Web.com's Small Business Summit.
Note to Editors: Web.com is a registered trademark of Web.com Group, Inc.
CONTACT: John Herbkersman Web.com 904-251-6297 Jherbkersman@web.com
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New HfS Research Report Highlights Syntel's Strategic Investments in Intelligent Automation
TROY, Mich., Nov. 23, 2015 (GLOBE NEWSWIRE) -- Syntel, Inc. (Nasdaq:SYNT), a global provider of digital transformation, information technology and knowledge process services to Global 2000 companies, today announced that a recent report authored by HfS Research analysts Tom Reuner and Phil Fersht praised the Company's automation platform, SyntBots™ as an example of the concept of "Intelligent Automation."
The HfS report, entitled "Lack Of Automation Revenue Model Spells Disaster For Service Providers" asserts that Intelligent Automation is a critical transformation lever for innovative enterprises, and singled out SyntBots as an example.
SyntBots is a next-generation platform that automates repetitive manual processes across IT operations, DevOps and business processes. The platform has delivered a 70% reduction in downtime and up to a 30% reduction in "run the business" costs. SyntBots also powers enterprise digital transformation initiatives by freeing up critical staff and delivering the integrated processes, improved quality and increased agility necessary to change the business.
According to the HfS report, SyntBots "provides a critical differentiation to many of its peers and is underpinned by a vertical jumpstart library to accelerate deployments for specific vertical use cases."
The authors go on to state that, "Syntel has shown it can leverage these investments in SyntBots to create greater stickiness and innovation with some of its key clients."
According to Syntel CEO and President, Nitin Rakesh, enterprises that are not exploring automation as a strategic transformation lever may be putting their competitive position at risk.
"Intelligent Automation is an important strategic investment for today's enterprises," said Rakesh. "It provides the agility, availability and efficiency that enterprises need to stay relevant in the two-speed world."
"Automation enables companies to adopt new technologies to improve productivity and fundamentally transform their business processes, applications and infrastructure."
The HfS report also recommends that enterprises considering an automation initiative work with a service provider to investigate the risks and rewards of such an effort.
"Enterprises that do not begin this discussion with their service providers are at risk of losing the early mover advantage," said Rakesh.
Reuner and Fersht caution that, "Intelligent Automation is an investment… [and] ROI is not immediate. However, risk and sacrifice can be managed through a skilled and confident provider to help guide the enterprise through the process."
"With Syntel, the discussion [with clients] begins with the ROI analysis and the scalability to justify the business case for the enterprise. By baking in SLAs into contracts that codify cost savings, Syntel is challenging the dominance of FTE based and fixed price contractual models."
More information about SyntBots is available at www.syntelinc.com/syntbots/.
About Syntel
Syntel (Nasdaq:SYNT) is a global provider of digital transformation, information technology and knowledge process services to Global 2000 companies. Syntel's mission is to create new opportunities for clients by harnessing our passion, talent and innovation. We combine technology expertise, industry knowledge and a global delivery model to drive business value creation. Syntel's "Customer for Life" philosophy drives our relentless focus to build long-term, collaborative client partnerships. To learn more, visit us at:www.syntelinc.com.
Safe Harbor Provision
This news release may include forward-looking statements, including those with respect to the future level of business for Syntel, Inc. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2014, the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2015 or from other factors not currently anticipated.
CONTACT: North America/Europe: Jon Luebke, (248) 619-3503, jon_luebke@syntelinc.com Asia/Pacific: Sikta Samantaray, +91 9167512186, sikta_samantaray@syntelinc.com
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Newly Transformed Compuware Named a "2015 Top Workplace" by the Detroit Free Press
DETROIT, Nov. 23, 2015 (GLOBE NEWSWIRE) -- Compuware Corporation, the world's leading mainframe-dedicated software company, has been named one of Michigan's Top 100 Workplaces by the Detroit Free Press.
Top Workplaces lists are based solely on the results of an employee feedback survey administered by WorkplaceDynamics, LLC, a leading research firm that specializes in organizational health and workplace improvement. The 22-question survey measured the fundamentals of the company including values, execution, leadership and culture. The questions asked surround organizational health, execution and connection.
"This honor is a tremendous validation of the new Compuware," said Compuware CEO Chris O'Malley. "We have achieved so much in the last year. We are earning back customers, our financial results have greatly improved and our employees are happy, engaged and inspired. It's a great time for Compuware and I couldn't be more proud of our staff and all they've accomplished. Look for great things to continue to come from Compuware."
"The Top Workplaces award is not a popularity contest. And oftentimes, people assume it's all about fancy perks and benefits," says Doug Claffey, CEO of WorkplaceDynamics. "But to be a Top Workplace, organizations must meet our strict standards for organizational health. And who better to ask about work life than the people who live the culture every day—the employees. Time and time again, our research has proven that what's most important to them is a strong belief in where the organization is headed, how it's going to get there, and the feeling that everyone is in it together." Claffey adds, "Without this sense of connection, an organization doesn't have a shot at being named a Top Workplace."
Compuware was also named one of "Metropolitan Detroit's 101 Best and Brightest Companies to Work For" by the Michigan Business and Professional Association (MBPA) in September.
Compuware provides comprehensive medical and dental plans, company-paid life and disability insurance, flexible work arrangements and 401k. The company actively works to support its employees' work/life balance by offering resources such as worldwide wellness programs, dependent- and elder-care reimbursement accounts, an employee referral program, and much more. Employees who work at or visit Compuware's Detroit headquarters enjoy an onsite gourmet cafeteria; commuter assistance program; state-of-the art wellness and child development centers; a physician and chiropractor office; dry cleaning services as well as access to onsite retailers and restaurants.
About WorkplaceDynamics, LLC
Headquartered in Exton, PA, WorkplaceDynamics specializes in employee feedback surveys and workplace improvement. This year alone, more than two million employees in over 6,000 organizations will participate in the Top Workplaces™ campaign—a program it conducts in partnership with more than 40 prestigious media partners across the United States. Workplace Dynamics also provides consulting services to improve employee engagement and organizational health. WorkplaceDynamics is a founding B Corporation member, a coalition of organizations that are leading a global movement to redefine success in business by offering a positive vision of a better way to do business.
Compuware Corporation
Compuware empowers the world's largest companies to excel in the digital economy by fully leveraging their high-value mainframe intellectual property. We do this by delivering highly innovative mainframe application development and performance optimization solutions that uniquely enable IT to drive business value. Learn more at compuware.com
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Press Contact
Kristina LeBlanc, The Medialink Group, kristinawleblanc@gmail.com, (508) 930-5636
Mary McCarthy, Public Relations Manager, Compuware, mary.mccarthy@compuware.com, (313) 227-8188.For Sales and Marketing Information
Compuware Corporation, One Campus Martius, Detroit MI 48226, 800-521-9353, www.compuware.com.
Copyright © 2015 Compuware Corporation. Compuware, the Compuware logo, and Topaz are registered or pending registration with the U.S. Patent and Trademark Office, and may be registered or pending registration in other countries.
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Sizeable Investments in Transportation Systems to Help Automated Fare Collection Market reach US$10.87 bn globally by 2021: Transparency Market Research
Albany - New York, Nov. 23, 2015 (GLOBE NEWSWIRE) -- According to a new market report published by Transparency Market Research "Automated Fare Collection Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021," the automated fare collection market was valued at US$5.12 bn in 2014, and is expected to reach US$10.87 bn by 2021, at a CAGR of 11.4% from 2015 to 2021.
Browse Market Research Report with ToC & Free Analysis: http://www.transparencymarketresearch.com/automated-fare-collection-market.html
Automated fare collection (AFS) system is an automated ticketing systems designed for transportation networks. Automated fare collection system enables efficiency in the fare collection and helps in improving the transaction speed. The automated fare collection also helps in broadening the customer base for the transportation systems and establishment. The AFC system helps in saving considerable amount of time as it eliminates the wait in queues for buying tickets. Moreover, installation of AFC systems provides opportunity to the transportation authorities to enhance services to the end users.
Development of mono rail and metro services in developing cities and other metro cities is a major driver in the growth of the automated fare collection system. Government focus at improvement of transportation security and infrastructure is likely to drive the market. Use of app-based payment systems like credit, debit and bank card is likely to drive the market further. The cost of installation and development of infrastructure for the automated fare collection system is very high and is a major restraint for the growth of the automated fare collection market.
Get Sample Report Copy: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=7784
The global automated fare collection market is broadly segmented into: North America, Europe, Asia Pacific and Rest of the World. North America accounted for the largest market share in the global automated fare collection market. In 2014, North America accounted for 35.1% of the total market share. Presence of developed nations like the U.S and Canada which has a high adoption of AFC system and uses the technology in all kind of transportation system in the region is driving the growth of AFC system in the region.
The automated fare collection market by technology has been segmented into: smart cards, NFC, magnetic strips, and OCR. Smart card technology in the automated fare collection market accounted for the largest revenue in 2014. The smart card segment in the automated fare collection market segmented by technology accounted for 44% market share. Smart cards are the most widely used technology in the automated fare collection market as they are secure and reliable.
Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/automated-fare-collection-market.htm
The automated fare collection market by component has been segmented into hardware and software components. In 2014, the software segment accounted for 55% of the total market share in the automated fare collection market segmented by component. Growth in use of smart phones for making payments is expected to drive the market over the forecast period.
The automated fare collection market by industrial application is segmented into bus, toll, car rental, train, e-payment and others. The car rental segment in the automated fare collection market segmented by industrial application accounted for the largest market share and contributed 26% of the total market share in 2014. Use of AFC for payment, booking and ticketing in the car rental market is expected to drive the market over the forecast period.
Key players operating in the Automated Fare Collection market are Advanced Card Systems Ltd., Atos, Cubic Transportation Systems, Fare Logistics, GMV, LG, NXP Semiconductors, Omron Corporation, and Samsung SDS. This report provides strategic analysis of the automated fare collection market and the growth forecast for the period 2015 to 2021. The report covers competitive analysis of various market segments based on the technology types, components and industry applications and in-depth cross sectional analysis of the Automated Fare Collection market across different geographic segments.
The Automated Fare Collection market has been segmented as follows:
Automated Fare Collection Market: By Technology Type
- Smart cards
- Magnetic strips
- NFC
- OCR
Automated Fare Collection Market: By Components
- Software
- Hardware
Automated Fare Collection Market: By Industrial Application
- Bus
- Toll
- Car rental
- Train
- e-payment
- others
Automated Fare Collection Market: By Geography
North America
- U.S.
- Canada
- Mexico)
Europe
- United Kingdom
- Germany
- France
- Italy
- Rest of Europe)
Asia Pacific
- China
- India
- Japan
- Taiwan
- South Korea
- Rest of Asia Pacific)
Rest of the World
- South America
- Middle East
- Africa)
Other Reports Published By Transparency Market Research:
- Automotive Fuel Delivery and Injection Systems Market: http://www.transparencymarketresearch.com/automotive-fuel-delivery-injection-systems-market.html
- Automotive Steering Systems Market: http://www.transparencymarketresearch.com/automotive-steering-systems-market.html
- Automotive Crankshaft Market: http://www.transparencymarketresearch.com/automotive-crankshaft-market.html
- Automotive Catalytic Converter Market: http://www.transparencymarketresearch.com/automotive-catalytic-converter-market.html
Browse All Other Consumer Goods Market Research Reports:
http://www.transparencymarketresearch.com/consumer-goods-market-reports-7.htmlAbout Us
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
CONTACT: Mr. Atil Chaudhari 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/
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Use of Force Simulators Order Worth $3.6 Million Awarded to VirTra
TEMPE, Ariz., Nov. 23, 2015 (GLOBE NEWSWIRE) -- VirTra Systems (OTC Pink:VTSI), a leading provider of use of force simulators and firearms training simulators, today announced that it has recently received an award from an undisclosed international customer in the approximate amount of $3.6 million.
VirTra will supply, install and maintain multiple units of its industry leading V-300TM simulator system at the customer's locations in 2016. The systems employ multiple screens, realistic video training content and an electric impulse return fire system to simulate the stress of real-world situations – preparing officers for hostile situations with skills honed and refined in realistic scenarios before lives are on the line.
Jason Mulcahy, VirTra's General Manager, said, "It has been our goal to expand our international business, so as to deliver the most effective and realistic use of force training and ballistically accurate marksmanship simulator solutions to law enforcement and other government agencies throughout the world, all while exceeding our customers' expectations. This award from this new customer demonstrates our ongoing progress towards achieving that goal."
Bob Ferris, Chairman and Chief Executive Officer of VirTra, commented, "We are honored to receive yet another significant award, which adds to our growing list of prominent international customers who've selected VirTra's training simulators and accessories. We appreciate the opportunity to serve this new customer and look forward to working with them in 2016 and for years to come."
About VirTra
VirTra is a global leading provider of the world's most realistic and effective judgmental use of force simulators. VirTra is the higher standard in firearms training simulators, offering a variety of simulator platforms, powerful gas-powered recoil kits and the patented Threat-Fire™ simulated hostile return fire system. VirTra's products provide the very best simulation training available for personnel that are entrusted with lethal force and critical missions. The Company's common stock is not registered under the Securities Exchange Act of 1934 and the Company does not currently file periodic or other reports with the Securities and Exchange Commission.
Forward-looking Statements
This news release includes certain information that may constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "proposed," "planned," "potential" and similar expressions, or are those, which, by their nature, refer to future events. All statements, other than statements of historical fact, included herein, including statements about VirTra's beliefs and expectations, are forward-looking statements. Forward-looking information is necessarily based upon a number of assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Although VirTra believes that such statements are reasonable, it can give no assurance that such forward-looking information will prove to be accurate. VirTra cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors. Accordingly, due to the risks, uncertainties and assumptions inherent in forward-looking information, readers and prospective investors in the Company's securities should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof, is based upon the opinions and estimates of management and information available to management as at the date hereof and is subject to change. The Company assumes no obligation to revise or update forward-looking information to reflect new circumstances, whether as a result of new information, future events or otherwise, except as required by law.
CONTACT: Investor Relations Counsel Larry Clark Financial Profiles, Inc. (310) 478-2700 vtsi@finprofiles.com
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Redefined, Reinvigorated Kuali Celebrates First Year
SALT LAKE CITY, Nov. 20, 2015 (GLOBE NEWSWIRE) -- In just one year, the new Kuali has redefined open source administrative systems for higher education by increasing the pace of development, improving design, creating new products, and making it easier for institutions of all types and sizes to use software built by education, for education.
With three products (Curriculum Management, Kuali Ready, Research Conflict of Interest) built from the ground up with a new multi-tenant cloud architecture, Kuali is giving institutions beautifully-designed software options for simplifying administration and streamlining processes to significantly reduce costs.
"Higher education administrative software is generally expensive, ugly, and inflexible," said Joel Dehlin, Kuali CEO. "It doesn't have to be. By combining the best parts of a community with the best parts of a company, we are accelerating software options that higher education desperately needs. We just passed the 150 customer mark, nearly 70% of which have chosen cloud delivery, and we are welcoming more customers every month."
Kuali product highlights from the past year include:
Kuali Student - New: beautifully designed new CM module, multi-tenant cloud architecture
Kuali is creating a Student Information System as a set of independent, best-of-breed components, including financial aid, student accounts, enrollment, and admissions. Each will work independently or together. The new curriculum management (CM) module is available now and demonstrates the brilliant design direction for Kuali Student. Built from the ground up on a native cloud architecture in approximately eight months, 17 colleges and universities from the United States, Canada, Europe, and South Africa were integral design partners. Development on the next module, enrollment, has begun.
Kuali Financials - New: Look and feel, user dashboard, redesigned to run in the cloud
The design of Kuali Financials is guided by institutions to meet the unique needs of higher ed and has been recently improved for the cloud. A beautiful and simplified look and feel has been applied and a customer and user configurable dashboard has been created. Used by a wide range of institutions, customers have reported a reduction of audit expenses after implementing Kuali Financials. Next steps include further modernization of the UX and robust analytics and reporting.
Kuali Research - New: COI module completely redesigned, cloud delivery
An end-to-end grant and research administration system that encompasses proposal, award, and compliance phases, nearly 50 customers rely on Kuali to manage a combined $12.9 billion in annual research expenditures. Kuali Research is being redesigned to simplify and modernize the user experience, and run in the cloud. The first new module, Conflict of Interest, has been completely redesigned and rebuilt with a multi-tenant cloud architecture. It is available now.
Kuali Ready - New: Complete product redesign and cloud enablement
The process of business continuity planning for higher education is greatly simplified with Kuali Ready. A questionnaire-based tool allows business users to create and manage department-focused plans in one location.
"This is just the beginning," added Dehlin. "Looking back at the impressive amount of work we have accomplished in so few months, I have great expectations for what we can do together in the next year."
About Kuali
Kuali delivers open source administrative software using modern cloud-based technologies built specifically for higher education. Thoughtfully designed software streamlines processes to significantly reduce costs for student services, financials, research, and continuity planning.
The Kuali Foundation and community was founded in 2005 by Indiana University, University of Arizona, University of Hawaii, Michigan State University, San Joaquin Delta Community College, Cornell University, and the National Council for College and University Business Officers (NACUBO) to develop a suite of open administrative systems for higher education.
In 2014, responsibility for product development and SaaS delivery for Kuali Student, Kuali Financials, Kuali Research, and Kuali Ready moved to the newly-created Kuali company. The Kuali Foundation continues as a non-profit body that enables Kuali members to aggregate resources, set priorities for the uses of those resources, and fund development of software features and enhancements that are important to them. For more information, visit www.kuali.co.
A photo accompanying this release is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=37782
CONTACT: Laura Kvinge Kuali laura@kuali.co 801.467.9263
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AUM Adds Weather Data to its Advanced Analytics Platform
LOMBARD, Ill., Nov. 19, 2015 (GLOBE NEWSWIRE) -- American Utility Management (AUM), the premier provider of utility management and energy services for the multifamily industry, announces the launch of Weather Data to its already robust Advanced Analytics platform. AUM's Advanced Analytics includes the most comprehensive set of business intelligence tools available for property owners and managers. Clients get easy access to portfolio level KPIs as well as detailed property level utility data to quickly identify trends, outliers and opportunities for improvement.
The addition of Weather Data helps clients understand temperature patterns and their effects on property utility usage. Heating and Cooling Degree Days are used to gauge usage sensitivity to fluctuating temperatures. Gaps between temperature trends and usage trends may indicate opportunities to reduce energy consumption. AUM's historical weather data reporting provides insight into current and future year utility forecasting.
With this announcement, AUM also introduces accounting-based data into its Advanced Analytics platform. Utility data can now be customized by client to align with their fiscal calendar. Accounting teams will also benefit from seeing their utility data categorized by customized GL codes. "These enhancements help us ensure seamless integration with our clients' accounting policies and practices," said Joe Stackhouse, AUM President and COO.
"We continue to enhance our Advanced Analytics and Billing platforms to help our clients manage their utilities more effectively," said Mr. Stackhouse. "These are just a few examples of our commitment to continuous improvement through innovation."
About American Utility ManagementAUM is the only utility management and energy services company with a complete, customized solution for multifamily including Resident Services, Invoice Processing, Energy Management and Advanced Analytics. AUM helps clients lower their utility costs by maximizing cost recovery, reducing energy usage and expense and providing tools to make smart business decisions.
To learn about AUM's Advanced Analytics platform and how AUM can help you manage your utilities more effectively, visit their new website at aum-inc.com or call 800-418-5393.CONTACT: Linda Alperin Executive Vice President, Marketing and Product Management American Utility Management 630-218-1400 myaum@aum-inc.com
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Apple Pay Now Available to Merchants on the GlobalOnePay Platform
PLANO, Texas, Nov. 19, 2015 (GLOBE NEWSWIRE) -- GlobalOnePay, a leading provider of omni-channel payment processing technologies and merchant services, now supports Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay that's fast and convenient.
GlobalOnePay merchants will now have another payment method in Canada to offer buyers. The GlobalOnePay payments processing platform is already accepting Apple Pay in the United States and United Kingdom, where the mobile payment service was already operating.
To begin accepting Apple Pay, Canadian GlobalOnePay merchants just need to show buyers that Apple Pay is now an accepted form of payment for American Express cardholders in-store or within apps. Apple Pay transaction processing has been built into the GlobalOnePay payment gateway and requires no additional software development or integration between the merchant and GlobalOnePay.
Security and privacy is at the core of Apple Pay. When you add a card to Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on your device. Each transaction is authorized with a one-time unique dynamic security code.
"Many consumers want additional, convenient payment methods, and GlobalOnePay is committed to ensuring our merchants can meet those demands," said Philip Fayer, president and chief executive officer of GlobalOnePay. "As of today, GlobalOnePay merchants in Canada can now accept Apple Pay across all commerce environments, including online, card present in-store, and mobile, including mPOS and within apps."
Apple Pay is easy to set up and users will continue to receive all of the rewards and benefits offered by their payment cards. In stores, Apple Pay works with iPhone 6s, iPhone 6s Plus, iPhone 6, iPhone 6 Plus and Apple Watch.
Online shopping in apps accepting Apple Pay is as simple as the touch of a finger with Touch ID, so there's no need to manually fill out lengthy account forms or repeatedly type in shipping and billing information. When paying for goods and services within apps, Apple Pay is compatible with iPhone 6s, iPhone 6s Plus, iPhone 6, iPhone 6 Plus, iPad Air 2, iPad mini 3 and iPad Pro, upon availability.
Payment gateways, just one aspect of GlobalOnePay's payment processing platform, link mobile, in-app, in-store, POS software and e-commerce Web sites with payment networks. Merchants, developers and value-added resellers save time and money by using gateway services, because there is no need to integrate with multiple third party processors. The gateway provider market is primarily divided into well-established companies that have a traditional financial/payments background and technology, mobile and API-driven "new kids."
"GlobalOnePay is different in that it offers the size, services and reach of the large, traditional providers, but with the technology-driven savvy of the upstarts," said Fayer. "Our technologies simplify the critical payment process for omni-channel commerce without bureaucracy, the hassles of managing multiple providers or having to learn deep technical skills."
The GlobalOnePay merchant services platform accepts an ever-changing range of online, in-store and mobile payment options, including card not present, EMV, magnetic stripe and contactless payment, making it easier for businesses to deliver a unified purchase experience online, in-app and in-store. One of the few payment gateways with truly international reach, GlobalOnePay enables businesses to access 130+ global payment processors and sell and price in 80 currencies, making it easy for merchants to accept all major credit cards, bill and receive funds in their primary currency, and accept local and alternative payments, as well as to test and enter new markets without significant upfront capital costs.
Integration to the GlobalOnePay payment processing platform via API is simple, and once completed, merchants can access a unique, modular, integrated set of payment technologies to support omni-channel commerce, including: multi-currency processing, smart transaction routing, automatic account updating, automatic recurring billing, transaction decline recycling, and tokenization. GlobalOnePay supports all major independent software vendor/value-added reseller/shopping cart integrations, minimizing development time and cost.
As a full-service merchant service provider, GlobalOnePay offers a comprehensive portfolio of services to help businesses domestically and internationally, as well as global multi-currency processing for all commerce environments, including mCommerce, mPOS, in-app, and card present EMV; gateway and transaction routing; reporting and reconciliation; and credit card data security/PCI management.
About GlobalOnePay
GlobalOnePay, formally known as GlobalOne, provides a modular, scalable, cloud-based platform that enables omni-channel businesses of all sizes to grow faster by processing a wider range of payments from virtually any market in the world. Easy-to-implement, GlobalOnePay provides access to an industry-leading set of integrated technologies that increase sales revenues, efficiencies and security for online, in-store, in-app and mobile payments. For more information, visit www.GlobalOnePay.com.
For more information on Apple Pay, visit: apple.com/apple-pay
Media Contact:
Michael E. Donner
Competitive Marketing Advantage
mdonner@CompetitiveMarketingAdvantage.comCONTACT:Michael E. Donner Competitive Marketing Advantage +1 (561) 542 7930 mdonner@CompetitiveMarketingAdvantage.com
