Tech News
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Global Connected Car Market: Growing Demand for Navigation among Drivers to Increase Valuation of Market to US$131.9 bn by 2019 : Transparency Market Research
Albany - NY, Oct. 20, 2015 (GLOBE NEWSWIRE) -- A new research report by the market intelligence agency Transparency Market Research titled Connected Car Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 articulates the global connected car market which is projected to be worth USD 131.9 billion by the end of the year 2019.
Connected cars are vehicles equipped with internet access and also with a Wireless Local Area Network (WLAN) that can be shared with the navigation and infotainment systems, as well as with the passengers inside. These cars are equipped with technologies which provide additional benefits to the driver such as security, emergency call, traffic information, weather information among others.
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Connected cars are equipped with a wireless local area network (LAN), infotainment unit, head unit, and an in-dash system with a monitor. The monitor helps the user to manage and control various functions in the car. Growing need for connectivity has propelled the growth of the global connected cars market. Government mandates regarding automobile safety across nations will further augment the market growth. However, the report points out that the global connected car market will be restricted by the high hardware and communication cost as well as complex user interfaces. Growing concerns about safety caused by driver distraction in connected cars will negatively impact the market. Advancements in network technology will open new opportunities for the global connected car market.
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On the basis of connectivity technology, the report segments the global connected car market into 2G (GSM, GPRS, EDGE), 3G (UMTS, HSPA, HSPA+), and 4G (LTE). Of these, 4G is the fastest connectivity technology and in 2012 it held more than 30% of the market with users preferring it to download newest apps and services in a vehicle. In terms of application, the report categorizes the connected car market into telematics, navigation, and infotainment. Growing demand for real time updates about traffic made navigation as the most sought after application in 2012. A navigation system with voice commands and real-time traffic data helps the user to navigate easily.
According to connectivity solution, the global connected car market has been divided into integrated, tethered, and embedded. Integrated segment accounted for more than half of the overall market share in 2012.The report studies the global connected car market across four key regions: Asia Pacific, Europe, North America, and Rest of the World. In 2012, North America dominated the overall connected car market owing to the technological advancements in the entertainment head units and growing usage of smartphones. During the forecast horizon, the report estimates that there will be a growing demand for luxury and high-tech vehicles from the U.S. and Europe.
Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/connected-car-market.htm
The report profiles some of the major players in the global connected car market such as BMW AG, General Motors, Ford Motor Company, Sierra Wireless, Gemalto, Audi, Mercedes-Benz, Hyundai Motor Co., Toyota Motor Corporation, Delphi Automotive, Verizon Communications, and Microsoft Corporation.
The research study has been segmented as below:
Connected Car Market, by Connectivity Technology:
- 4G technology
- LTE
- 3G technology
- UMTS
- HSPA
- HSPA
- 2G technology
- GSM
- GPRS
- EDGE
Connected Car Market, by Connectivity Solutions:
- Embedded
- Tethered
- Integrated
Connected Car Market, by Application:
- Navigation
- Telematics
- Infotainment
Connected Car Market, by Geography:
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
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Car Air Fresheners Market
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NEV Taxi Market
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Browse All Other Technology & Media Market Research Reports: http://www.transparencymarketresearch.com/technology-market-reports-8.html
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. 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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Big Data Applications in Healthcare likely to Propel Market to US$48.3 Bn by 2018 : Transparency Market Research
Albany - NY, Oct. 20, 2015 (GLOBE NEWSWIRE) -- Transparency Market Research announces the release of a new report titled "Big Data Market - Global Scenario, Trends, Industry Analysis, Size, Share And Forecast 2012 - 2018". The report states that registering a remarkable CAGR of 40.5% from 2012 to 2018, the global big data market is likely to grow from US$6.3 billion in 2012 to US$48.3 billion in 2018.The research report studies the global big data market by segmenting it on the basis of four criteria: product requirement, component, application, and geography. By component, the big data market is categorized into hardware, software and services, and storage. Owing to the growing demand for new big data services and functionality, the segment of software and services has dominated the overall market, accounting for nearly 50% of the global big data market in 2012. The storage segment is likely to grow at the fastest pace from 2012 to 2018, registering an astounding CAGR of 45.3%. Given the massive amount of and the rapid pace at which data is being generated, storage is most likely to become a major issue in the years to come.
Browse Market Research Report with ToC & Free Analysis: http://www.transparencymarketresearch.com/big-data-market.html
The key product requirements of big data include relational database management systems (RDBMS), structured query language (SQL), Hadoop, and existing database management systems (DBMS).Big data finds application in retail, media and entertainment, financial services, telecommunication, manufacturing, government, healthcare, and many other sectors. In 2012, the financial, government, and healthcare sectors together accounted for around 55% of total big data market revenue. The financial sector is a major contributor to the global market thanks to growing demand from banks and financial institutes. The expansion of existing customer databases allows them to take strategic and calculated business decisions, thereby fueling the big data market. With an increasing amount of data being generated through audios, games, and videos, the segment of media and entertainment is projected to develop at a 41.1% CAGR from 2012 to 2018.
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The healthcare segment plays a vital role in the growth of the big data market. Factors such as providing accurate data, efficiently streamlining administrative processes, and providing cost benefits have made big data a success with major healthcare providers. However, inefficient use of data tools and lack of skilled professionals threaten to restrict the growth of the big data market in this segment. Geographically, the global big data market is divided into North America, Europe, Asia Pacific, and Rest of the World. North America dominates the worldwide market, holding a share of 54.5% in 2012. The report indicates that the Asia Pacific market for big data has immense potential for growth, especially in countries such as China and India.
Browse Press Release:
http://www.transparencymarketresearch.com/pressrelease/big-data-market.htm
The global big data market is growing to be rather competitive, with a large number of players operating at an international and domestic level. The key players profiled in this research report are Mu Sigma, Teradata Corporation, IBM, Calpont Corporation, Cloudera, EMC, Oracle Corporation, Splunk Inc., Hewlett-Packard Co. (HP), and Opera Solutions. Attributes such as company, business, and financial overview and recent developments have been focused on while assessing the performance of these big data market players.
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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. Atil Chaudhari 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
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Global Software Defined Networking (SDN) Market to Grow at an Impressive 61.5% CAGR till 2018, Thanks to Increasing Need for Mobility : Transparency Market Research
Albany - NY, Oct. 20, 2015 (GLOBE NEWSWIRE) -- Software Defined Networking (SDN) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2012 - 2018" is a report published by Transparency Market Research (TMR), which highlights the latest trends of the global SDN market. According to this report, the global software defined networking market will soar at a CAGR of 61.5% during the forecast period from 2012 to 2018 and will reach a value of US$3.52 billion by 2018.
Browse the full Software Defined Networking (SDN) Market report at http://www.transparencymarketresearch.com/software-defined-networking-sdn-market.html
Software defined networking (SDN) technique aims at building a more scalable and flexible network. This technique allows network administrators to achieve data flow control through the entire network instead of the individual devices. SDN also helps to easily create secure paths for data flow. SDN architecture manages mobility in a scalable manner and utilizes available resources optimally. Software defined networking technology allows programming and managing of the network at a higher scale with increased flexibility and agility. To implement cloud computing services effectively in an organization and to optimize its benefit in the infrastructure, a clear understanding of software defined networking technology is crucial.
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Factors such as the growing need for mobility, rising cloud services, and the escalating need for efficient network infrastructure will drive the global software defined networking market. On the other hand, interoperability challenges along with the lack of standardization and awareness among buyers will suppress the growth of the market. Nonetheless, players will benefit from the increasing adoption of BYOD in the market. The global SDN market is fragmented in nature. It is marked with the presence of multiple firms from different verticals such as hardware providers, software developers, and service producers. The key market players operating in the global software defined networking (SDN) market are Cisco, Big Switch Networks, HP, Intel Corp., Google, Juniper Networks, Arista Networks, NEC, Verizon Communications, and IBM.
Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/software-defined-networking-sdn-market.htm
The global SDN market by end user is divided into cloud service providers, enterprises, and telecommunication service providers. The enterprise segment held the largest share in the global SDN market, trailed by telecommunications services and the third spot belonged to the cloud computing sector. The segment - enterprises held around 35% of the global SDN market in 2012. According to the report, the segment of cloud computing will emerge as the fastest growing segment in the market that will support companies in significantly reducing their operating expenses and capital expenditures.
By solutions, the global SDN market is segmented into SDN controllers, SDN switching, cloud provisioning and orchestration, security, and services. The sector of cloud provisioning and orchestration held the majority share in the global SDN market, followed by SDN switching and SDN controllers.
Geographically, the global software defined networking market is divided into North America, Europe, Asia Pacific, and Rest of the World (RoW). At present, North America leads the global SDN market due to the favorable regulations on network administration and due to the elevated degree of standardization of services. On the other hand, Asia Pacific is expected to achieve the fastest growth in the global SDN market during the forecast period due to the emerging trend of BYOD in several countries of Asia Pacific.
The report segments the global SDN market into three segments:
By End Users
- Enterprises
- Cloud service providers
- Telecommunications service providers
By Solutions
- SDN Switching
- SDN Controllers
- Cloud Provisioning and Orchestration
- Others (Security and Services)
By Geography
- North America
- Europe
- Asia Pacific
- RoW
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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. Atil Chaudhari 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
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FPGA Market Poised for Strong CAGR of 8.6% from 2014 - 2020, Smartphones Drive Demand : Transparency Market Research
Albany - NY, Oct. 20, 2015 (GLOBE NEWSWIRE) -- A FPGA is an integrated circuit or semiconductor device used to implement logical function that an application-specific integrated circuit (ASIC) could perform, but the ability to update the functionality after manufacturing offers advantages such as re-programming in the field for rapid prototyping and debugging for many applications. FPGAs use programmable routing channels and pre-built logic blocks for implementing custom hardware functionality, depending upon the embedded system developer configuring these devices. FPGAs are programmed and configured using "Hardware Description Language (HDL)" such as VHDL and Verilog.
Browse Market FPGA Market Research Report with ToC & Free Analysis: http://www.transparencymarketresearch.com/field-programmable-gate-array.html
The competitive electronics market has changed that. Smartphones, one of the fastest-growing markets in the consumer electronics industry, need to be feature-packed without guzzling power. At the same time, the cost factor is a crucial aspect that influences purchase decisions in the market. Consequently, FPGAs are now targeted toward inexpensive and power-sensitive handheld devices and smartphones.
Based on recent trends, TMR analysts predict that smartphones will play a central role in the global FPGA market. FPGAs, thanks to their built-in RAM, are able to perform functions such as image enhancements and signal processing - these are collectively referred to as digital signal processing (DSP) functions.As people consume more digital content, the demand for bandwidth has reported an unprecedented increase. This is yet another factor that will have a positive bearing on the growth of the global FPGA market. Higher the demand for faster processing speed in the smartphone and tablets markets, the greater will be the scope for the expansion of the FPGA market.
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The report segments the global FPGA market based on technology as: Flash-based, static random-access memory (SRAM), and antifuse. In 2013, the largest share of the FPGA market was held by SRAM. This segment is projected to stay firmly in the leading position to 2020. The preference for SRAM-based FPGA arises due to its rapid in-circuit reconfiguration. FPGAs based on SRAM also show higher tolerance to radiation - an attribute that makes them highly suited in aerospace applications. Aerospace and ancillary industries are predicted to make extensive use of FPGAs for imaging and in wireless sensors.For a clear picture of the regional markets and their performance over the next five years, the report segments the global FPGA market into: North America, Asia Pacific, Europe, and Rest of the World. In 2013, Asia Pacific was seen as the most dominant region in the global FPGA market. The dominance of the Asia Pacific region can be ascribed to the strong electronics industry in countries such as South Korea, China, and India. The report also carries a Company Profiles section that features leading FPGA market players such as Tabula, Lattice Semiconductor Corporation, Xilinix, Microsemi Corporation, Altera Corporation, and others.
Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/field-programmable-gate-array.htm
The FPGA market has been segmented as follows:
FPGA Market, by Types
SRAM
Flash
Antifuse
FPGA Market, by Application Analysis
- Consumer Electronics
- Automotive
- Industrial
- Data Processing
- Military and Aerospace
- Telecommunication
Others
Global FPGA Market, by Geography:
- North America
- Europe
- Asia Pacific
Rest of the World
Browse All Other Semiconductor & Electronics Market Research Reports:
http://www.transparencymarketresearch.com/semiconductor-market-reports-5.html
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. Atil Chaudhary 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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Glass Packaging Market is Expected to Reach US$ 55.24 Bn by 2020: Transparency Market Research
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.
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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/
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Epcylon Technologies Inc. Enters Into MOU With Bitumen Capital
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 DirectorsForward-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
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IntelliChief Automating Document Management and Workflow at the IOFM AP & P2P Conference
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, LLCIntelliChief'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
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Gartner Analysts Recognize Varonis in New Market Guide for User and Entity Behavior Analytics
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
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Materialise Expands i.materialise Online Platform Through Franchise Agreement With 3DVinci Creations
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.com3DVinci Creations
Elie Baaklini
Business Development Manager, 3DVinci Creations
Phone: +971 4 552 1260
Email: elieb@3dvincicreations.comCautionary 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.
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Middlebury Interactive Languages Named Statewide Provider by Florida Dept. of Education
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
