Tech News

• Glass Packaging Market is Expected to Reach US$ 55.24 Bn by 2020: Transparency Market Research

  

  By: GlobalNewswire News | Published: Monday, October 19, 2015

  Albany - NY, Oct. 20, 2015 (GLOBE NEWSWIRE) -- Dark colored glass bottles are often used in packaging beer, as glass deflects UV rays, thereby reducing the occurrence of "skunky" beer. Rise in global consumption of beer is expected to be one of the primary factors driving the glass packaging market. Growth of the healthcare industry and higher usage of glass bottles for storage of medicines due to its sterility and reusability is also anticipated to increase demand for glass packaging over the next few years. However, rising popularity of plastics and its increasing scope of application for packaging are likely to hamper market growth. Increasing consumer preference for glass for packaging of food, beverages and chemicals is anticipated to offer new opportunities for market growth in the near future.

  Browse the full report at http://www.transparencymarketresearch.com/glass-packaging.html                                            

  Alcoholic beverages (excluding beer) was the largest application segment of glass packaging, accounting for over 40% share of the global market in terms of volume in 2013. The segment is projected to witness the fastest growth during the forecast period, followed by beer, due to rising consumption of these beverages. Market dynamics of glass packaging for alcoholic beverages (excluding beer) and beer often interchange owing to changing patterns in consumption of drinks. Pharmaceuticals are anticipated to exhibit above-average demand for glass packaging in the next few years.

  Asia Pacific was the largest market for glass packaging, accounting for over 35% of the market share in 2013. Rise in disposable income of consumers is expected to increase consumption of alcoholic beverages. This is anticipated to drive demand for glass over the next few years. Rest of the World is likely to experience a significant rise in market share due to growing consumption of alcoholic beverages. 

  Get Sample Research Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1614                                           

  The market for glass packaging is highly fragmented, with the top six companies accounting for less than 35% share of the market in 2013. Companies such as Ardagh Group, Gerresheimer AG, Owens-Illinois Inc., Saint-Gobain S.A., Vetropack Holding AG and Vidrala SA lead the global glass packaging market. Companies such as Hindusthan National Glass & Industries Ltd., Piramal Glass, Koa Glass Co. Ltd., Heinz-Glas GmbH, Wiegand-Glas GmbH and Vitro Packaging Inc. are the prominent manufacturers of glass packaging products. A large number of small and medium scale glass container manufacturing companies also operate across various geographies. The report segments the global glass packaging market as follows:

  Glass Packaging Market - Application Analysis

  • Alcoholic beverages (excluding beer)
  • Beer
  • Food & beverages
  • Pharmaceuticals
  • Others (Including personal care products and chemicals)

  Glass Packaging Market - Regional Analysis

  North America

  • U.S.

  Europe

  • France
  • Germany
  • Italy
  • Portugal
  • Turkey

  Asia Pacific

  • China
  • India

  Rest of the World

  • Brazil

  About Us

  Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend 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.

  TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

  CONTACT: Mr. Nachiket Ghumare State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com Blog: http://www.tmrblog.com/

  Full ArticleVisit Website

• Epcylon Technologies Inc. Enters Into MOU With Bitumen Capital

  

  By: GlobalNewswire News | Published: Monday, October 19, 2015

  TORONTO, Oct. 19, 2015 (GLOBE NEWSWIRE) -- Epcylon Technologies, Inc. (OTC PINK:PRFC) ("Epcylon" or the "Company") announces that it has entered into a Memorandum of Understanding (MOU) with Bitumen Capital Inc. (TSXV: BTM.H) ("Bitumen") whereby Bitumen and Epcylon will enter into an Asset Purchase Agreement (as defined hereunder) (the "Transaction") which will constitute Bitumen's qualifying transaction (the "Qualifying Transaction"), as per Policy 2.4 of the TSX Venture Exchange (the "Exchange" or "TSXV").

  Pursuant to the terms of the MOU, subject to execution of a definitive asset purchase agreement ("Asset Purchase Agreement") and receipt of applicable regulatory and Exchange approvals, Bitumen will issue to Epcylon's shareholders 182,202,994 common shares of the CPC in exchange for all the assets of the Company, as further agreed upon by the Parties. The MOU is intended to be binding upon the Parties until execution of the definitive Asset Purchase Agreement.

  There are currently 13,150,001 common shares of the CPC issued and outstanding and 1,315,000 allotted stock options entitling the holders, certain officers and directors of Bitumen to acquire common shares of the CPC (the "Stock Option(s)"). Each Stock Option entitles its holder to acquire a common share of the CPC at a price of $0.10 per common share at any time up to October 17, 2017. Upon completion of the Transaction, all of the 1,315,000 issued and outstanding Stock Options to officers and directors of Bitumen shall be cancelled.

  Prior to closing of the Transaction, Bitumen will complete a reverse split of its common shares consisting in one (1) old share for 0.538 new shares, resulting in an aggregate number of 7,000,000 issued and outstanding common shares of Bitumen.

  Current shareholders of Bitumen will hold approximately 3.7 per cent and current holders of the Company will hold approximately 96.3 per cent of the resulting issuer's common shares issued and outstanding before giving effect to the Private Placement described below.

  The Transaction is not a "Non-Arm's Length Transaction" under the Exchange's policies.

  Concurrently with the Qualifying Transaction, the parties intend to complete a non brokered private placement for total proceeds of USD$1,000,000 consisting of secured convertible debentures with a three (3) year term and yielding at 8 per cent at a price of US$0.20 per secured convertible debenture and one half share purchase warrant, each whole share purchase warrant entitling its holder to purchase one common share of the Resulting Issuer at a price of USD$0.30 per common share within 24 months from the date of the issuance of the warrant (the "Private Placement").

  Closing and final acceptance of the Transaction are subject to the satisfaction of certain conditions, including the completion of a satisfactory due diligence, the execution of the Asset Purchase Agreement, obtaining required approval by shareholders, if applicable, third party and regulatory authorities and completion of the Private Placement. There are no guarantees that the Qualifying Transaction will be completed as proposed or at all.

  Board of Directors and Insiders following completion of the Transaction

  Todd Halpern, proposed Director is currently President of Halpern Enterprises. He and his family have been in the business of importing fine wines and spirits into Canada for over 57 years. Mr. Halpern joined Halpern Enterprises in 1979, and since significantly grown the company tremendously. Today, the company represents over 100 of the World's finest wine and spirit producers. Serving on the Toronto General Hospital Board since 2005, Mr. Halpern is Board Champion of the Krembil Neuroscience Centre's Krembil Discovery Tower and Krembil Neuro Program. He is also Chair of the Grand Cru Culinary Wine Festival, which benefits research at University Health Network. He also carries honorary detective badges from the Ontario provincial police and metro Toronto police. Mr. Halpern was also a member of the Board of Sentinelle Medical Inc. and was involved in the successful acquisition of the company by Hologic Inc. He is also a member of the Board of Mopals, a unique mobile and points-based rewards platform.

  Gary Schwartz, proposed Director has played, over the past 15 years, a leadership role in the mobile industry. He is the author of "THE IMPULSE ECONOMY" and "FAST SHOPPER, SLOW STORE" published by Simon & Schuster, Atria Imprint. Gary is presently writing a book on the Internet of Everything (IoT) titled "IF THINGS COULD SPEAK". In 2013, Gary was recognized by Mobile Marketer publication as the "Mobile Commerce Evangelist of the Year" and in 2014 Gary was selected as the Retail Innovator of the Year by Retail Touchpoints. Gary is Chair Emeritus of mobile committee of the Interactive Advertising Bureau (IAB) and the Mobile Entertainment Forum (MEF) and is presently is the Global Director of the Location Based Marketing Association (LBMA). Gary is an alum of Columbia University in New York and the Stanford University Center in Yokohama, where he was the recipient of the Asia and Japan Foundation Fellowships.

  Leon Redensky, proposed Director is a founding partner of Lynx Capital Partners, LLC, a technology and equity trading company, with offices in New York, Montreal, Kiev (Ukraine), and the Cayman Islands. Lynx trades equity products for its own account as well as develops trading technology for other clearing and trading firms in the capital markets space. Mr. Redensky manages the daily operations of the firm. In addition, Mr. Redensky was one of the founding members of Viridian Spirits, which re-introduced Absinthe in the United States after a 95-year ban. After 5 years of leading the company, Viridian was sold to another distillery. Based in Manhattan, NY, Mr. Redensky graduated from the University of Pennsylvania with a BSE in bioengineering and a minor in economics.

  Nikolas Perrault, proposed Director is a Chartered Financial Analyst who has spent the first 15 years of his career working with some of Canada's largest financial institutions, including National Bank, Merrill-Lynch, CIBC and Scotia Capital. He is President, CEO and Director of Colt Resources Inc., a diversified Canadian mining exploration and development stage company whose primary focus  is on developing its base, precious and strategic metal assets in Portugal. His focus throughout his career has been on small cap resource companies worldwide which has allowed him to develop an extensive international network. In May 2007, he founded a management consulting company providing strategic advice to early stage energy and resource companies. Mr. Perrault is also an independent director of NEX listed Bitumen Capital. Mr. Perrault holds a Bachelor of Commerce and obtained his Chartered Financial Analyst designation in 1997.

  Richard Groome, proposed Director, is currently, President & Managing Partner at Notre-Dame Capital Inc., President and CEO of The Changing Planet Inc., Chairman, President, Chief Executive Officer & CFO at Bitumen Capital Inc., member of the Board of Directors of Hitlab Inc. and past Chairman of Select TV Solutions Inc. and Oriana Technologies Inc., Past CEO and Director at Urban Barns Foods Inc., and past Director of  Preo Software Inc. Mr. Groome was previously employed as Senior Vice President-Institutional Equity Sales by Desjardins Securities Inc. past President of Groome Capital Inc., and Marleau Lemire Inc. He served at the CDNX Exchange, the predecessor of the TSXV, and he also served on the board at First Gold Exploration Inc., Sofame Technologies Inc., Global Minerals Ltd., Mitec Technologies Inc., Advantex Marketing International Inc., Creso Exploration Inc., and Mint Technology Corp. He received his undergraduate degree from McGill University.    

  Kyle Appleby, proposed CFO is a CPA, CA and serves as the corporation's Chief Financial Officer. Mr. Appleby has over 15 years' experience in public accounting and has been providing part-time CFO, and other financial accounting and compliance services to both public and private companies since 2007. Prior to 2007 Mr. Appleby worked for several public accounting firms in Canada. Mr. Appleby is a member of the Chartered Professional Accountants of Canada.

  It is anticipated that the Resulting Issuer's Board will nominate a new CEO and President.

  Sponsorship

  The Qualifying Transaction will be subject to the Exchange Policy 2.2 on sponsorship and sponsorship requirements. Bitumen intends to retain a sponsor for the Qualifying Transaction. An agreement to sponsor should not be construed as any assurance with respect to the merits of the Qualifying Transaction or the likelihood of completion.

  About Epcylon

  Epcylon is a Nevada company who has developed two separate business units based on a patented invention: a) a desktop and mobile proprietary sentiment-based trading platform targeted at both the professional and retail trader verticals, and b) a geolocation-verification technology servicing lottery and gaming industries for applications provisioned on mobile devices. In 2015, this invention was patented in each of the US and Canada.

  Based on Epcylon's May 31, 2015 audited annual financial statements, the latter had USD$17,999 in revenues and a net loss of USD$563,150. As at May 31, 2015, total assets and liabilities were approximately USD$2.6 million and USD$1.3 million, respectively.

  Principal Security holders of Epcylon

  The sole beneficial owner of securities of Epcylon owning beneficially, directly or indirectly, more than 10 per cent of any class or series of the company's voting securities is 2238646 Ontario Inc. which holds 97,040,000 common shares, representing 57.6 per cent.    

  The common shares of Bitumen are currently halted from trading and will remain so until such time as the Exchange provides its authorization to resume trading. Resumption of trading is subject to the Issuer satisfying certain Exchange conditions under Policy 2.4 of the TSXV's TSXV Corporate Finance Manual.

  Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and if applicable pursuant to Exchange Requirements and shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all. Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

  The TSXV has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. Neither TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

  Signed,
  Todd Halpern, 
  Chair, Board of Directors

  Forward-Looking Statements

  You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about Epcylon Technologies Inc., please refer to its website at http://www.epcylon.com

  CONTACT: Media Relations Epcylon Technologies, Inc. 34 King Street East Suite 1010 Toronto, ON Canada M5C 2X8 Phone +1-416-479-0880

  Full ArticleVisit Website

• IntelliChief Automating Document Management and Workflow at the IOFM AP & P2P Conference

  

  By: GlobalNewswire News | Published: Monday, October 19, 2015

  TAMPA, Fla., Oct. 19, 2015 (GLOBE NEWSWIRE) -- IntelliChief, LLC, a provider of enterprise-class automated document management and workflow solutions for Accounts Payable environments, announces participation with the Institute of Finance and Management (IOFM) to present IntelliChief's lifecycle document management and business processes workflow at the AP & P2P Conference & Expo, October 25-27, 2015 at Caesars Palace, Las Vegas. IntelliChief's Paperless Process Management (PPM), an advancement of enterprise content management (ECM), enables users to optimize business processes throughout organizations by automating document management and workflow, with ERP system data validation and real-time updating. Demonstrations to be held in the Exhibit Section, Booth 504.
  
  IntelliChief's Paperless Process Management software provides a smooth transition from costly manual document management and workflow functions. It enables users to capture documentation in any format, index the contents and validate with data in their enterprise resource planning system (ERP) or Line of Business application, for lifecycle-managing all related documentation, and facilitating an optimized interdepartmental processes workflow. Areas of use include Accounting (purchase-to-pay and order-to-cash), Finance, Customer Service, Human Resources, Legal, Operations and other paper and process-intensive departments, supporting process time and cost savings throughout organizations.
  
  To review the IntelliChief's Paperless Process Management, visit IntelliChief in the AP & P2P Conference & Expo Exhibit Section, Booth 504. Alternately, request a demo or visit www.intellichief.com.
  
  About IntelliChief, LLC

  IntelliChief's Paperless Process Management (PPM) provides enterprise-class business processes document management and workflow automation solutions for any IT platform. With decades of expertise in the market and seamless integration with leading enterprise resource planning (ERP) systems, IntelliChief takes companies of all sizes paperless with a typical ROI of less than one year. Users can create, capture, manage, archive, retrieve and distribute mission-critical documents directly from their familiar ERP screens, automating and streamlining business processes workflow throughout their organization. www.intellichief.com.

  CONTACT: IntelliChief, LLC Tim Nissen Marketing Manager tnissen@intellichief.com (813) 971-9500 x335

  Full ArticleVisit Website

• Gartner Analysts Recognize Varonis in New Market Guide for User and Entity Behavior Analytics

  

  By: GlobalNewswire News | Published: Monday, October 19, 2015

  NEW YORK, Oct. 19, 2015 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq:VRNS), the leading provider of software solutions for unstructured, human-generated enterprise data, has been recognized by Gartner as a "Representative Vendor" in its new Market Guide for User and Entity Behavior Analytics (UEBA).

  In its market analysis, Gartner highlights the advantages of using UEBA to detect malicious or abusive behavior that often goes unnoticed by existing monitoring systems such as SIEM and DLP. Among its recommendations, Gartner says that "CIOs, chief information security offices (CISOs) and security managers should:

  • Use UEBA to detect insider threats and external hackers and choose vendors with solutions that align with your use cases, for example, security monitoring or data exfiltration.
  • Operationalize UEBA by sending alerts to security orchestration, ticketing and workflow systems.
  • Favor UEBA vendors who profile multiple entities including users and their peer groups and devices, and who use machine learning to detect anomalies. These features enable more accurate detection of malicious or abusive users."

  Authored by Gartner analyst Avivah Litan, the guide predicts: "Over the next three years, leading UEBA platforms will become preferred systems for security operations and investigations at some of the organizations they serve. It will be – and in some cases already is – much easier to discover some security events and analyze individual offenders in UEBA than it is in many legacy security monitoring systems."

  David Gibson, Varonis Vice President of Strategy and Market Development, said, "In today's threat environment, user and entity behavior analytics have become an essential data security measure. The perimeter no longer exists in a practical sense anymore, and organizations are beginning to realize that this means they need to start fortifying the controls around the assets they need to protect. Varonis has always used user behavior analytics through our recommendations and alerts, but this is just a subset of what we do. We are pleased to be included by Gartner as serving this important category and are especially encouraged that Varonis solutions are so closely aligned with Gartner's recommendations. We look forward to continuing to add capabilities and use cases to our portfolio and helping many more organizations detect potential threats before they cause serious damage."  

  In assessing the market growth of UEBA technologies, the Gartner report states: "The UEBA market grew faster and matured more quickly than Gartner anticipated a year ago. Gartner expects UEBA market revenue will climb to almost $200 million by the end of 2017, up from less than $50 million today."

  The Varonis Metadata Framework is the basis for a wide range of use cases including UEBA, sensitive data classification and remediation, identity and access rights management, enterprise search, and storage reduction. Thousands of organizations around the world rely on Varonis to curtail over-exposure of their most valuable and sensitive data and help prevent the inevitable network breaches for causing harm.

  For information on Varonis' solution portfolio, please visit www.varonis.com and join the conversation on Facebook, Twitter, LinkedIn, and YouTube.

  Source: Gartner, Market Guide for User and Entity Behavior Analytics, September 22, 2015

  Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

  About Varonis

  Varonis is the leading provider of software solutions for unstructured, human-generated enterprise data. Varonis provides an innovative software platform that allows enterprises to map, analyze, manage and migrate their unstructured data. Varonis specializes in human-generated data, a type of unstructured data that includes an enterprise's spreadsheets, word processing documents, presentations, audio files, video files, emails, text messages and any other data created by employees. This data often contains an enterprise's financial information, product plans, strategic initiatives, intellectual property and numerous other forms of vital information. IT and business personnel deploy Varonis software for a variety of use cases, including user behavior analytics, data governance, data security, archiving, file synchronization, enhanced mobile data accessibility and information collaboration. As of June 30, 2015, Varonis had approximately 3,750 customers, spanning leading firms in the financial services, public, healthcare, industrial, energy & utilities, technology, consumer and retail, education and media & entertainment sectors.

  CONTACT: News Media Contact: Natalie Rizk CTP 617-412-4000 x227 nrizk@ctpboston.com

  Full ArticleVisit Website

• Materialise Expands i.materialise Online Platform Through Franchise Agreement With 3DVinci Creations

  

  By: GlobalNewswire News | Published: Sunday, October 18, 2015

  DUBAI, United Arab Emirates, Oct. 18, 2015 (GLOBE NEWSWIRE) -- Today during GITEX, a franchise agreement between Materialise (NASDAQ:MTLS) and 3DVinci Creations has resulted in the official launch of the i.materialise 3D Printing platform in the United Arab Emirates, further expanding the reach of 3D Printing into the GCC and Middle East region.

  This franchise agreement has linked Materialise, a leading provider of Additive Manufacturing software and of sophisticated 3D Printing solutions in the medical, industrial and consumer markets to 3DVinci Creations, a provider of affordable and accessible 3D printing technologies with its headquarters in the United Arab Emirates. The partnership further develops the growth of the already successful i.materialise 3D Printing platform with 3DVinci Creations using their Additive Manufacturing Centers in Dubai, UAE and Beirut, Lebanon to bring production closer to users in the region, including Saudi Arabia, Kuwait, Qatar and Bahrain. The service is now officially available.

  "i.materialise is a 3D Printing platform that caters to anyone who wants to materialize their creative ideas. With this franchise agreement, we aim to provide access to an even greater number of people who want to realize their dreams through 3D Printing," said Miranda Bastijns, Head of i.materialise. "This collaboration with 3DVinci Creations is an opportunity to localize quality 3D Printing and the benefits it enables in parts of the Middle East. With the potential of 3D Printing to change the ways we design, make and distribute products, it can truly contribute to creating a better and healthier world."

  Edouard Baaklini, CEO of 3DVinci Creations, stated "At 3DVinci Creations, we strive to find the right 3D Printing solution for our customers, helping them turn their concepts and designs into physical objects. We started out as Materialise customers, using their Magics software. Now, by offering the i.materialise 3D Printing Platform at our new and expanded Additive Manufacturing Centers in Dubai and Beirut, our customers may have a broader range of manufacturing choices. Their creations can be entrusted to two companies that are dedicated to using 3D Printing technology to find creative solutions for their product. Moreover, we are pleased to expand our 3D Printing services in a stable region ready for growth in this innovative sector."

  The i.materialise online 3D Printing platform offers a range of solutions and services to help those realizing the potential of the technology. Anyone from inventors to students, designers and makers can use i.materialise to create something unique as well as offering their products for sale on the platform.

  About Materialise

  With its headquarters in Leuven, Belgium, and branches worldwide, Materialise is a provider of Additive Manufacturing (AM) software solutions and sophisticated 3D printing services in a wide variety of industries, including healthcare, automotive, aerospace, art and design and consumer products. Materialise has been playing an active role in the field of AM since 1990, through its involvement in AM for industrial and medical applications, by providing biomedical and clinical solutions such as medical image processing and surgical simulations and by developing unique solutions for its customers' prototyping, production, and medical needs. For additional information, please visit: www.materialise.com.

  About 3DVinci Creations

  Headquartered in Dubai, UAE and Beirut, Lebanon, 3DVinci Creations provides 3D Printing Services and Products to corporations, educational institutions, government ministries and agencies, and individuals throughout the Gulf Cooperation Council (GCC) and the entire Middle Eastern countries.

  For the first time in Dubai and the GCC, artists, architects, students, product designers and consumers alike can easily order their 3D designs as physical objects in an innovative and affordable way without 3D modeling skills with the help of 3DVinci Creations. 3DVinci Creations takes 3D printing to the next level by engaging the average consumer with no 3D experience to customize, form, mold and design their own 3D products with the help of our professional 3D designers. Through 3DVinci Creations, designers gain access to the best industrial 3D printing technology, capable of manufacturing products with complex designs in a wide range of high-quality materials.

  3DVinci Creations also provides full training and educational programs on 3D printing to schools and universities, students and professionals alike. Our programs lead to internationally recognized and accredited certifications. For additional information, please visit: http://www.3dvincicreations.com/

  Press contacts:

  Materialise

  Vanessa Palsenbarg
  Corporate Communications Specialist, Materialise
  Phone: +32 16 39 66 37
  Fax: +32 16 39 66 00
  Email: Vanessa.Palsenbarg@materialise.be
  Twitter: @belgiancanuck or @MaterialiseNV
  Visit: www.materialise.com

  3DVinci Creations

  Elie Baaklini
  Business Development Manager, 3DVinci Creations
  Phone: +971 4 552 1260
  Email: elieb@3dvincicreations.com

  Cautionary Statement on Forward-Looking Statements

  This press release contains forward-looking statements regarding, among other things, the plans, objectives, expectations, strategies and prospects of the Company, both financial and business. Such statements are subject to known and unknown uncertainties and risks. When used in this press release, the words "estimate," "expect," "anticipate," "project," "plan," "intend," "believe," "forecast," "will," "may," "could," "might," "aim," "should" and variations of such words or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon the management's current expectations. These expectations, beliefs and projections are given in good faith and management believes there is a reasonable basis for them. However, the management cannot offer any assurance that its expectations, beliefs and projections will actually be achieved. By their nature, forward-looking statements involve risks and uncertainties because they relate to events, competitive dynamics and industry change, and depend on economic circumstances that may or may not occur in the future or may occur on longer or shorter timelines than anticipated. Management cautions readers that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that are in some cases beyond its control. All of the forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from expectations. Management makes no commitment, and disclaims any duty to update or revise any forward-looking statements to reflect future events or changes in its expectations.

  Full ArticleVisit Website

• Middlebury Interactive Languages Named Statewide Provider by Florida Dept. of Education

  

  By: GlobalNewswire News | Published: Friday, October 16, 2015

  MIDDLEBURY, Vt., Oct. 16, 2015 (GLOBE NEWSWIRE) -- Middlebury Interactive Languages, the academic leader in online and blended language curriculum and solutions, has been selected by the Florida Department of Education as a statewide provider of middle and high school world language courses.
  
  Middlebury Interactive was approved for eight courses in French and Spanish at various grade and proficiency levels. All Middlebury Interactive courses meet federal standards and World Languages Next Generation Sunshine State Standards. Florida is the first state to allow up to 50 percent of textbook adoption dollars be used for digital courses. Educators and administrators interested in previewing courses eligible for textbook adoption funds can visit Middlebury Interactive's website.
  
  As the only digital-only language provider approved by the DOE, Middlebury Interactive offers Florida school districts the opportunity to create tailored and flexible language programs. All Middlebury Interactive courses are supported by proven language instruction techniques, culturally authentic materials, teacher professional development and digital learning tools. Middlebury Interactive courses are created by language Ph.Ds., K-12 educators and technologists and are modeled after the Middlebury Language Schools' proven instructional approach.
  
  "Language learning—with all of its cognitive and academic benefits—translates very well to the digital environment, because students have access to authentic cultural materials, like videos with native speakers, and can learn at their own pace," said Middlebury Interactive Languages CEO Jane Swift. "We look forward to partnering with more Florida districts to implement language programs that are flexible, scalable and academically rigorous."
  
  More than 1,000 Florida students will use Middlebury Interactive courses this school year, including more than 100 studying Spanish in the Volusia County Schools. Another example of recent school adoption is St. Stephen Catholic School in Riverside, which delivers blended learning courses in French, Spanish and Chinese.
  
  "Middlebury Interactive courses are very engaging for our students and also deliver on high academic quality," said Dr. Amy Blowers, Curriculum and Instruction Specialist at Volusia County Schools. "Offering the digital courses expands access to language instruction for our students and provides greater flexibility and resources for our teachers to help students learn."
  
  "Middlebury Interactive gave us the flexibility to create a program that exposes our students to several different languages—French, Spanish and Chinese—in elementary school before focusing on one language in the upper grades," said Gina Robles, Media Specialist and Language Instructor at St. Stephen Catholic School. "Our new language program is working very well for students, teachers and parents and is helping students become self-directed learners."
  
  Nationwide, Middlebury Interactive serves the language education needs of more than 200,000 K-12 students. Middlebury Interactive programs are deployed in nearly 4,000 schools, from the largest urban districts, like New York City, Dallas ISD and Baltimore County Public Schools, to small towns throughout the country.
  
  Recognizing the diverse—and evolving—language instruction needs of each school district, Middlebury Interactive provides one-stop access to rigorous, leading-edge world language programs. Middlebury Interactive currently offers online and blended learning programs at the elementary, middle and high school levels in Spanish, French, Chinese and German, as well as new programs for English Language Learners.
  
  About Middlebury Interactive Languages
  
  Middlebury Interactive is the academic leader in digital language instruction for K-12 students with a suite of world language courses and a supplemental English Language Learner curriculum for grades 4-8. Middlebury Interactive provides access to superior language programs and prepares students with the skills and cultural understanding to compete in the 21st Century global marketplace. Middlebury Interactive has adapted principles of Middlebury College's renowned world language curriculum, developed and refined over the past 100 years, and translated it to the digital and K-12 settings. Middlebury Interactive also offers in-person language immersion summer academies for middle and high school students.

  CONTACT: Cort Boulanger cboulanger@middleburyinteractive.com 339-222-2442

  Full ArticleVisit Website

• t0.com Completes Another Successful Production Beta Test of Its Software

  

  By: GlobalNewswire News | Published: Thursday, October 15, 2015

  SALT LAKE CITY, Oct. 15, 2015 (GLOBE NEWSWIRE) -- t0.com, a majority-owned subsidiary of Overstock.com, Inc. (NASDAQ:OSTK) today announced it successfully completed another production beta test of its t0 software, by successfully using the bitcoin blockchain to record evidence of compliance with SEC Regulation SHO before a trader can engage in a short-sale. When fully operational, a platform operating the t0 software and the information being recorded on the blockchain, will bring unprecedented levels of transparency and fairness to the otherwise opaque world of stock lending.

  "The blockchain is the most important financial development of our lifetimes," said t0.com CEO Patrick M. Byrne. "While others theorize about the innovations this new technology can usher in, t0 is taking action and proving the concept daily, including using it to crack open the notoriously inaccessible black box of securities lending. This is further evidence of the world-historical potential of distributed, cryptographically secured ledgers."

  According to Byrne, "When up and running, each Pre-borrow Assured Token will provide the purchaser a valid locate satisfying the SEC's Regulation SHO requirements. These tokens will be auctioned nightly in a Dutch auction using t0 software and the transaction will be recorded on the blockchain. In the process, the arcane world of stock loan receives sunlight."

  Earlier this week, hedge fund Clique Fund, LP, participated in the testing to purchase locates for all 30 Dow Jones Industrial Average stocks.

  "As I have said publicly ad nauseam, I have no objection in principle with short selling when done legally," said Byrne. "Our introduction of the Pre-borrow Assured Token will solve a problem for the beneficial owners, by bringing their inventory into a transparent market; it will solve a problem for the short seller, who will be able to borrow in a transparent market; and it will solve a problem for regulators, who for several years have taken a more aggressive stance regarding this mischief than they did a decade ago, I feel obliged to acknowledge. Unfortunately, a few bad apples spoil the barrel. That barrel needs a good scrubbing, and that's what our Pre-borrow Assured Token will do."

  Access to t0.com's Pre-borrow Assured Tokens (PAT), when available, will be limited to qualified institutional buyers that are also qualified purchasers. This media release is neither an offer to sell nor the solicitation of an offer to buy PATs or any other securities, and there shall not be any offer to sell, solicitation of an offer to buy or sale of PATs in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale is unlawful. Any offers of the PATs will be made only in accordance with applicable securities laws.

  For additional information and to join the Pre-borrow Assured Token waiting list, email inquiries@t0.com.

  About t0.com

  t0.com is an assumed name for Medici, Inc., which is a majority-owned financial technology subsidiary of Overstock.com, Inc. (NASDAQ:OSTK). Overstock is an online shopping retailer based in Salt Lake City, Utah that sells a broad range of products at low prices including furniture, rugs, bedding, electronics, clothing, and jewelry. Overstock's OLabs department is the emerging businesses incubator for financial services and other initiatives.

  CONTACT: Media Contact: Kirstie Burden, Overstock.com, Inc. +1 (801) 947-3116 kirstie@overstock.com Investor Contact: Mark Harden, Overstock.com, Inc. +1 (801) 947-5409 mharden@overstock.com

  Full ArticleVisit Website

• Aptean Enters Healthcare Industry With Acquisition of Medworxx Solutions, Inc.

  

  By: GlobalNewswire News | Published: Thursday, October 15, 2015

  ATLANTA, Oct. 15, 2015 (GLOBE NEWSWIRE) -- With the completion of its acquisition of Medworxx Solutions Inc., Aptean announced today its entrance into the healthcare industry. Medworxx is a leading provider of clinical patient flow, compliance and education solutions to more than 350 hospitals internationally, including Canada, France, the United States and the United Kingdom.
  

  “Aptean is pleased to welcome Medworxx to our suite of solutions, extending our enterprise software expertise to the healthcare sector,” said Kim Eaton, Aptean CEO.  “The mission-critical software Medworxx provides to hospitals fits well with our strategy of providing our customers with vertically-focused, valuable, and trusted technology solutions. We look forward to continuing to provide exceptional support to Medworxx’s existing customer base, and helping Medworxx advance their growth and expansion into international markets with the support of Aptean’s extensive global capabilities, partner network, and software experience.”

  Medworxx’s flagship product, Patient Flow, focuses on helping hospitals meet bed utilization challenges, by providing a standardized, evidenced-based clinical criteria solution to improve patient experience while reducing wait times and length of stay. Software-enabled patient assessments conducted daily, in less than two minutes, help ensure that patients are receiving the right care at the right time in the right place. The Patient Flow platform includes three operational solutions (Clinical Criteria, Forms and Assessments, Bed Management) which work together to provide real-time analytics that assist with addressing patient throughput and capacity management challenges. Medworxx also provides hospitals learning management and document management tools to help support healthcare requirements in compliance and education.

  “Aptean’s strong operational efficiencies and deep understanding of delivering superior enterprise software solutions will enable us to accelerate our continuing efforts to advance our growth internationally,” said Dan Matlow, Medworxx President and CEO. “Leveraging Aptean’s strengths gives us the vital resources we need to evolve strategically and bring key innovations to our products and services, enhancing our ability to help our customers achieve their goals and objectives.”

  About Medworxx

  Medworxx delivers health information technology solutions to over 350 hospitals internationally, including Canada, United States, United Kingdom, France and Australia. Medworxx helps hospitals meet patient flow challenges and requirements for compliance and education. Medworxx Clinical Criteria — the flagship component of Medworxx Patient Flow, which also includes electronic bed management and independent assessment components — is currently used to manage 32% of the acute-care beds in Canada as well as acute-care beds in the United States and a rapidly increasing number of beds in Trusts and CCGs in the UK. Founded in 2004, Medworxx Inc. is based in Toronto, Canada. For more information, visit: www.medworxx.com.

  About Aptean

  Aptean is a leading provider of industry-focused mission critical enterprise software solutions. We build and acquire solutions to support the evolving operational needs of our customers. Our solutions help nearly 5,000 organizations stay at the forefront of their industries by satisfying their customers and continuing to operate more efficiently. For more information, visit www.aptean.com.

  CONTACT: FOR MORE INFORMATIONMedia RelationsMelissa Floyd, Apteanmelissa.floyd@aptean.com

  Full ArticleVisit Website

• Study Shows Metrics-Based Comp Helps Firms Retain Partners

  

  By: GlobalNewswire News | Published: Thursday, October 15, 2015

  ATLANTA, Oct. 15, 2015 (GLOBE NEWSWIRE) -- By using more objective than subjective methods when making compensation decisions, law firms can largely address partner dissatisfaction without simply distributing more cash, a recent Aderant report reveals. Concluding a six month research project, the legal software company released a new white paper today titled "Your Partner Compensation System Can Be Better: Here's How," which examines the most common remuneration challenges faced by law firms.
  
  Determining the best compensation strategy for partner recognition and motivation has become a debate among law firms worldwide. Early in 2015, Aderant embarked on a research study on the topic, involving a review of industry studies, interviews with industry experts and five Aderant Leaders in Law events held around the U.S. attended by managing partners and senior leaders at more than 50 top U.S. law firms.
  
  For the research project, Aderant focused on the following key questions:

  • How are law firms currently structuring their partner compensation systems?
  • Which models are the most widely used, and why?
  • What are some of the primary challenges firms face in determining partner compensation?
  • Which measurements are firms using to determine remuneration?

  The white paper released today reports on Aderant's research, which revealed dramatically different approaches to partner compensation in North America versus Europe. Confirming findings in prior industry studies, Aderant determined that a growing number of equity partners are not satisfied with their firm's compensation system and would like to see changes made. Interestingly, this partner dissatisfaction seems to be true even if the types of partner compensation systems in question are vastly different.
  
  Aderant also concluded that compensation plans based on objective analytical data appear to be best practice among top firms. Firms that use actionable data metrics as part of their model are able to provide partners with clear and accurate explanations for their decisions. In the midst of the current trends of high-level lateral poaching, dissatisfied partners will likely start evaluating their options, and may end up joining the growing wave of lateral defections. By evaluating partner performance using clear metrics, Aderant determined firms can increase transparency and abate suspicions that the compensation process is arbitrary or unfair.
   
  "Compensation is a difficult business issue regardless of the company or level of employee," commented Ian Oxman, VP of Marketing. "For law firms, partner compensation becomes a strategic issue as it can drive retention, recruitment and ultimately revenue. For long term growth, firms need to get partner compensation right."
   
  Aderant Leaders in Law research will continue to explore important strategic issues impacting the business of law and help enable firms for success now and in the future. The full research report is available for free download on the Aderant website, www.aderant.com.
   
  A video companion to this press release is available on Vimeo and YouTube.
   
  About Aderant
  
  Aderant, headquartered in Atlanta, is a global provider of comprehensive business management software for law and other professional services firms. With a 35-year history as a global industry leader, Aderant supports nearly 3,200 clients in more than 30 countries, representing 77 of the top 100 Global Law Firms and more than 88 percent of the Am Law 200. Aderant maintains a combined customer retention rate of more than 95 percent and a customer support Net Promoter Score of 81. Aderant's complete suite of solutions includes: business development, calendar/docket matter management with built-in court rules, practice and financial management, time and billing, case management, document management, and business intelligence. More information is available at www.aderant.com.
  
  Aderant and Aderant Expert are registered trademarks of Aderant Holdings, Inc. All other trademarks mentioned herein are the properties of their respective owners including, if so indicated, Aderant Holdings, Inc. or its subsidiaries. 

  CONTACT: Megan Hall Aderant Public Relations, North America megan.hall@aderant.com 404-889-8553

  Full ArticleVisit Website

• ShipTrack Expands Revenue Generating Opportunities In Home Delivery

  

  By: GlobalNewswire News | Published: Thursday, October 15, 2015

  OTTAWA, ON, Oct. 15, 2015 (GLOBE NEWSWIRE) -- ShipTrack, an innovative track and trace platform designed to provide complete control and visibility over any shipment's movement worldwide, today announced the release of new functionality that helps differentiate a transportation carrier's business in the eyes of consumers with value-added services (VAS) for last mile delivery.
  
  ShipTrack continually strives to improve our users' return-on-investment by consulting with customers and partners to gain a greater understanding of what businesses need today from a transportation management system. This led to the inclusion of more flexible business rules that reflect the changing business needs and growing expectations of e-tailers, manufacturers/wholesalers, logistics/delivery firms as well as their customers.
  
  By offering white glove delivery services, businesses maximize customer loyalty while at the same time developing new sources of revenue. ShipTrack's customizable business rules that enable a range of white glove services such as assembly, installation and item removal means an opportunity to change the economics of what has traditionally been the most expensive leg of transportation delivery services.
  
  ShipTrack has always been an easy-to-use transportation management system with clearly defined and simplified functions based on proven processes. The new value added services module means simple daily tasks can be handled even more efficiently. This streamlines communication processes, reduces administrative tasks for businesses by enabling drivers to update shipment details at the point of delivery. ShipTrack's added flexibility means more ways for users to develop and sustain competitive advantage.
  
  Vice President of Business Development at ShipTrack, Brock Gourlay said that ShipTrack remains committed to developing solutions that help business owners improve their business processes and drive profitable growth.
  
  "In developing the latest release, we have consulted with business owners and delivered a practical enhancement to our platform aimed at enabling businesses to operate more efficiently while still maintaining the ease of use they have gown to expect with ShipTrack," Gourlay said.
  
  E-tailers, manufacturers/wholesalers and logistics/delivery firms will improve business processes while also providing a higher level of customer service, ultimately improving overall return on investment. Business owners can spend more time making decisions that impact profitable growth and less time focused on day to day operations. Importantly, delighted online shoppers who increasingly view their delivery experience as an extension of their e-tailer's brand, are more likely to remain loyal.
  
  Please contact info@shiptrackapp.com for a free 30 day, no obligation trial or to request a live demo.
  
  About ShipTrack

  ShipTrack is an innovative logistics management platform that provides complete control and visibility of any shipment's movement worldwide. ShipTrack enables vendors all over the world to provide complete visibility and control that their customers demand of their deliveries. ShipTrack is a simple, easy-to-use service that is providing highly accurate shipment tracking to the masses. The shipping system has the potential to benefit companies of all sizes by increasing delivery speed and reliability, improving customer service and retention and streamlining operations. The ShipTrack smartphone app is a real-time shipment tracker that allows for easy management of multiple drivers, deployment of a fully branded web portal, and the collection of valuable reports and business metrics. ShipTrack is for everyone.

  A photo accompanying this release is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=36922

  CONTACT: Shawn Winter Chief Marketing Officer shawn.winter@shiptrackapp.com 613.670.1133

  Full ArticleVisit Website