SUNWAVE IS TAKING DAS TECHNOLOGY TO A NEW GLOBAL LEVEL

HONG KONG, May 29 (Bernama) -- Zenic8 as the global channel of SUNWAVE Communications is ready to announce the most flexible DAS (Distributed Antenna System) solution named “CROSSFIRE” at CommunicAsia 2015 in Singapore during 2-5 June. It is an all-digital solution with broadband supported by a 19” 1U bracket.

The CROSSFIRE family includes High Power (HP), Low Power (LP) and integrated BDA (iBDA) targeted to meet the requirements in all different scenarios. The three-layer network makes the topology quite simple but pretty flexible. All three network components: Access Unit (AU), Expansion Unit (EU) and Remote Unit (LPRU or HPRU) are designed to be modular and scalable. All chassis with natural cooling are impressively in size: 19” 1U for AU, EU and LPRU, 250W@16L for HPRU.

http://mrem.bernama.com/viewsm.php?idm=24557

NASDAQ LISTS THE GLOBAL X YIELDCO INDEX ETF

NEW YORK, May 29 (Bernama) -- Nasdaq announced that Global X Funds will list a new exchange-traded fund (ETF), the Global X YieldCo Index ETF (Symbol: YLCO), which will begin trading on The Nasdaq Stock Market Thursday, May 28, 2015.
"YieldCos are an emerging asset class that meets many of the key investment characteristics investors are looking for, such as high current income, low volatility and the opportunity for dividend growth," said Jay Jacobs, Research Analyst at Global X Funds. "We are excited to bring this asset class to investors who have traditionally looked to MLPs and REITs for alternative income exposure."

http://mrem.bernama.com/viewsm.php?idm=24559

A.M. BEST AFFIRMS RATINGS OF PRODUCT CARE (NZ) LIMITED

SINGAPORE, May 28 (Bernama) -- A.M. Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb” of Product Care (NZ) Limited (PCL) (New Zealand). The outlook for both ratings is stable.

The rating affirmations for PCL reflect its adequate risk-adjusted capitalization, prospective favorable underwriting results and conservative investment strategy.

http://mrem.bernama.com/viewsm.php?idm=24551

SABAH STATE COMPUTER SERVICES DEPARTMENT OF MALAYSIA CHOOSES PROPHETSTOR TO KEEP GOVERNMENT OPERATIONS RUNNING 24X7

KOTA KINABALU, Sabah, May 26 (Bernama) -- ProphetStor Data Services, Inc., a leader in Software-Defined Storage (SDS), today announced that its DR Prophet solution has been implemented by the Sabah State Computer Services Department (SCSD) for the Sabah State Government of Malaysia. DR Prophet brings cost-effective disaster recovery and business continuity to their key Electronic Government application systems (SM2, E-leave, E-Pay, State Scholarship and Examination Systems) and enables the SCSD to keep operations running 24x7.
 
http://mrem.bernama.com/viewsm.php?idm=24536

DAE ANNOUNCES SALE OF STANDARDAERO TO VERITAS CAPITAL

DUBAI, United Arab Emirates, May 27 (Bernama) -- Dubai Aerospace Enterprise (DAE) Ltd. announced the signing of a definitive agreement to sell 100% of StandardAero to an affiliate of Veritas Capital. Terms of the transaction were not disclosed.

DAE Managing Director Khalifa H. AlDaboos said: “StandardAero is one of the world’s largest independent MRO platforms with clients in over 70 countries. DAE acquired StandardAero in 2007 and since then has nurtured and built its market leading position. This transaction will allow StandardAero to accelerate its growth by leveraging Veritas’ global relationships and in-market presence.”
http://mrem.bernama.com/viewsm.php?idm=24542

EXIDE TECHNOLOGIES ANNOUNCES VICTOR M. KOELSCH APPOINTMENT AS PRESIDENT AND CHIEF EXECUTIVE OFFICER

MILTON, Ga., May 21 (Bernama) -- The Board of Directors of Exide Technologies, a global leader in stored electrical energy solutions, announced today that Victor (Vic) M. Koelsch has been appointed President and Chief Executive Officer of the Company, effective June 22, 2015. Mr. Koelsch also joins the Company's Board of Directors at that time. He will succeed Robert M. Caruso, Exide's current Chief Executive Officer, who served as President and CEO since August 2013 and guided the Company through its recent Chapter 11 restructuring.

http://mrem.bernama.com/viewsm.php?idm=24499

FUJITA KANKO OPENS BANGKOK AND JAKARTA OFFICES

TOKYO, May 21 (Bernama) -- Leading Japanese hospitality company Fujita Kanko Inc. will open two new overseas offices in Bangkok, Thailand and Jakarta, Indonesia in June. The openings are intended to accelerate the globalization of its business, one of the key goals the company has set for the next five years, aiming at 25 percent growth in overseas guests by 2019.

“Adding Bangkok and Jakarta bases is a critical step in our business plan,” said Akira Segawa, Fujita Kanko’s President and CEO. “Southeast Asia is a strategically important market - an increasingly strong inbound market for Japan, and also a very popular destination for Japanese travelers.” Mr. Segawa stressed the importance for the company of maximizing business opportunities in Southeast Asia. “We’ve built a broad range of hospitality expertise, and offer some of Japan’s most upscale, exquisite properties. We’re eager to welcome more international travelers, and to build local businesses, including opening hotels, in other Asian markets.”

http://mrem.bernama.com/viewsm.php?idm=24501

CINEPOSTPRODUCTION SPEEDS SHARC DIGITAL CINEMA DISTRIBUTION WITH ASPERA HIGH-SPEED TRANSFER VIA HYBRID CLOUD

ARMONK, N.Y., May 20 (Bernama) -- IBM today announced that CinePostproduction, one of Germany's leading post-production facilities, has deployed high-speed file transfer software from Aspera, an IBM Company, to speed the delivery of Digital Cinema Packages (DCPs) directly to cinemas. The CinePostproduction SHARC distribution platform enables easy ingest of DCPs from studios and distributors via the SHARC web portal, and Aspera On Demand running in the cloud delivers the DCPs quickly and securely to on-premises storage in cinemas over a wide range of available infrastructure to accelerate and simplify distribution.

http://mrem.bernama.com/viewsm.php?idm=24483

AMERICAN EAGLE OUTFITTERS CONTINUES GLOBAL EXPANSION IN SOUTH KOREA, SINGAPORE AND GREECE WITH NEW LICENSE AGREEMENTS

PITTSBURGH, May 20 (Bernama) -- American Eagle Outfitters, Inc. (NYSE: AEO) continues its global expansion with new license agreements in South Korea with SK Networks Co., Ltd.; in Singapore with Trendz 360, Pte. Ltd.; and in Greece with Notos Com Holdings, S.A. Stores will begin opening in mid-2015. The addition of these key markets strengthens the company's position across the EMEA and APAC regions and extends its reach to 28 countries worldwide, through a combination of international licensed and company owned and operated stores.

http://mrem.bernama.com/viewsm.php?idm=24493

CASBAA WELCOMES SEACHANGE, APPOINTS DAVE ULMER TO COUNCIL OF GOVERNORS

ACTON, Mass., May 20 (Bernama) -- Multiscreen innovator SeaChange International, Inc. (Nasdaq:SEAC) has become the newest Patron member of CASBAA, the association for the multi-channel audio-visual content creation and distribution industry across Asia. SeaChange's participation will be led by its Asia Pacific SVP and GM Dave Ulmer, who has been appointed to CASBAA's Council of Governors. Comprising senior representation from Asia Pacific's leading television programming, distribution and technology providers, the council drives the organization's agenda and focus.


http://mrem.bernama.com/viewsm.php?idm=24484

IEEE SOFTWARE DEFINED NETWORKS INITIATIVE TAPPED TO LEAD CONVERSATIONS ON SOFTWARIZATION AT INTERNATIONAL COMMUNICATIONS TECHNOLOGY CONFERENCE

PISCATAWAY, N.J., May 20 (Bernama) -- IEEE, the world's largest professional organization dedicated to advancing technology for humanity, today announced the IEEE Software Defined Networks (IEEE SDN) Initiative will participate in two separate events during CommunicAsia2015 Summit, the world’s largest international communications and technology conference being held 2-5 June, 2015 at the Marina Bay Sands, Singapore.
“There is a shift occurring in the character of telecommunications and ICT. SDN and Network Functions Virtualization (NFV) are paradigms that are not just impacting telecom providers, technology vendors and other players of the related ecosystems. In fact, softwarization is a systemic trend that is also opening a new value-chain for various industries,” said Antonio Manzalini, IEEE Member and Chair of the IEEE SDN Initiative, and Senior Manager, Strategy and Innovation for Telecom Italia. “We will join with the presenters at this important event to delve into the vital insights being made in both scientific and industrial progress providing a unique opportunity to accelerate innovation for the entire Internet communications industry.”

http://mrem.bernama.com/viewsm.php?idm=24486

OFF LINE - PROVIDER OF JAPAN'S BIGGEST SOCIAL NETWORKING PHOTO SITE, PHOTOZOU - OFFICIALLY LAUNCHES "PHOTOZOU ENGLISH VERSION (FOR PCS AND SMARTPHONES)"

SHINAGAWA, Tokyo, May 19 (Bernama) -- OFF Line Co., Ltd. (Shinagawa, Tokyo, Japan; President and CEO Koichi Ishizuka) — which operates Photozou, the biggest social networking photo site in Japan (7 million registered users, 3.3 million monthly active PC users, 2.3 million monthly active smart phone users) — has developed an English version of the site for release. Photozou English version (for PCs and smartphones) will now officially launch along with additional support provided for users.


http://mrem.bernama.com/viewsm.php?idm=24477

BANK BGZ BNP PARIBAS BOOSTS CUSTOMER SERVICE AND INTERACTION WITH APTEAN PIVOTAL CRM

ATLANTA, May 19 (Bernama) -- Aptean customer Bank BGŻ BNP Paribas is a member of BNP Paribas, a leading international banking group. It is a universal bank, listed on the Warsaw Stock Exchange, that offers savings and investment products and a wide range of loans to its individual customers, while offering businesses (micro enterprises, SMEs and corporations) solutions for financing operations in both Polish and international markets.
Bank BGŻ, which specialises in financing food and agricultural infrastructure, had a vision to grow into a leader in its market. A fundamental part of this journey was to modernise its infrastructure as it lacked a single, complete source of customer data:

http://mrem.bernama.com/viewsm.php?idm=24479

MEDICAL TRANSLATIONS LEADER FOREIGNEXCHANGE TRANSLATIONS JOINS EUROSCRIPT INTERNATIONAL

 BROOMFIELD, Colo. & BERTRANGE, Luxembourg, May 19 (Bernama) -- ForeignExchange Translations and euroscript International have announced that they have signed an equity purchase agreement pursuant to which Luxembourg-based euroscript, a leading provider of global content management solutions, will acquire ForeignExchange, the leader in medical translations. The acquisition is expected to be completed by the end of May 2015.

The two companies are very complementary in the makeup of each firm’s client list, product and services offerings, and market penetration across key geographical areas within the life sciences industry. euroscript brings technology focus, a global presence and experience in enterprise regulated content, document and compliance management solutions, while ForeignExchange offers language-service expertise in the medical device and pharmaceutical markets with a strong global client base.

http://mrem.bernama.com/viewsm.php?idm=24471

VSERV BULLISH ON GROWTH; LAUNCHES ITS COMMERCE PLATFORM

MUMBAI, India, May 18 (Bernama) -- Vserv, the leading smart data platform for mobile marketing in India and Southeast Asia, today announced its entry into the burgeoning commerce space. In an industry-first move, Vserv will now provide an end-to-end solution for Telcos and DTH operators, right from discovery of customers to transaction of services. This game changing step will empower consumer-facing companies to utilize the combined power of Vserv Smart Data™ platform and commerce solution.

The Vserv commerce solution works on a four-pronged approach of -

http://mrem.bernama.com/viewsm.php?idm=24464

NICK EVANS JOINS KORN FERRY AS SENIOR CLIENT PARTNER

SINGAPORE, May 15 (Bernama) -- Korn Ferry (NYSE:KFY), the preeminent authority on leadership and talent, today announced that Nick Evans has joined the firm as Senior Client Partner in the Financial practice. Mr. Evans will focus on wholesale and consumer banking and has been appointed as the Regional Sector Leader for Retail, Consumer and Digital Banking for Asia Pacific. He will be based in Korn Ferry’s Singapore office. Mr. Evans joins us from a global search firm, where he was an instrumental member of the Financial Services & Digital practice. He started his career with the British Foreign and Commonwealth Office before moving into the recruitment industry, where he has worked across various geographies based out of London, Sydney, Hong Kong and, most recently, Singapore. http://mrem.bernama.com/viewsm.php?idm=24441

UNIONPAY INTERNATIONAL TAKES 28TH SEA GAMES TO NEW HEIGHTS

SHANGHAI, China, May 15 (Bernama) -- The Singapore Southeast Asian Games Organizing Committee (SINGSOC) announced on May 14 UnionPay International (UPI), a subsidiary of China UnionPay, as the latest sponsor to come on board for the 28th SEA Games. As the official payment systems sponsor of the Games, UPI will strengthen SINGSOC's partnership portfolio for the region's largest multi-sport event, set to return to local shores after a 22-year long hiatus. In the spirit of celebrating the extraordinary, UPI is also set to provide an unforgettable SEA Games experience for the young and old alike.

 http://mrem.bernama.com/viewsm.php?idm=24446

JABIL TO EXPAND OPERATIONS IN PENANG, MALAYSIA

PENANG, Malaysia, May 15 (Bernama) -- Jabil Circuit, Inc. (NYSE: JBL), a global provider of design, engineering manufacturing and supply chain solutions, has secured approval from the Penang State government in Malaysia to purchase 20 acres of land at the Batu Kawan Industrial Park to support expansion plans. The agreement was officially signed today in a ceremony involving representatives from Jabil, led by Mr. Ong Kay Chong (KC Ong), Senior Vice President, Operations, Electronic Manufacturing Services and Mr. Lim Guan Eng, Chief Minister of the state of Penang.

http://mrem.bernama.com/viewsm.php?idm=24438

JAPAN FOUNDATION ASIA CENTER PRESENTS "CROSSCUT ASIA #02 THE HEATS OF PHILIPPINE CINEMA" AT TOKYO INTERNATIONAL FILM FESTIVAL

TOKYO, May 15 (Bernama) -- The Japan Foundation Asia Center and the Tokyo International Film Festival (TIFF) jointly launched "CROSSCUT ASIA" last year, showcasing Asian films focusing on particular countries, directors, actors and themes. This year, we will focus on Philippine films as our second project.

http://2015.tiff-jp.net/en/press/pressrelease.html

For the full text: http://mrem.bernama.com/viewsm.php?idm=24445

KYRIBA EMPOWERS FINANCE LEADERS TO INCREASE FORECAST ACCURACY AND MINIMIZE FRAUD WITH LAUNCH OF KYRIBA 15.0

Newest version of SaaS treasury management system delivers best practice cash forecasting and advanced financial controls

SAN DIEGO, May 14 (Bernama) -- Kyriba Corp, the global leader in cloud-based Proactive Treasury Management, has launched Kyriba 15.0, the newest version of its award-winning SaaS treasury management solution. With Kyriba 15.0, CFOs and global finance leaders will now benefit from a range of strategic treasury process improvements:

 

http://mrem.bernama.com/viewsm.php?idm=24429

BIL TO CLOSE ITS OFFICE IN SINGAPORE AS PART OF A NEW STRATEGIC FRAMEWORK

LUXEMBOURG & SINGAPORE, May 13 (Bernama-BUSINESS WIRE) -- Banque Internationale á Luxembourg SA (BIL) today announced that it will close its operations in Singapore for strategic reasons. The closure of the Singapore subsidiary is in line with BIL group’s new strategic framework called BIL2020, which was recently presented.

Despite the potential that Asia represents in terms of private banking markets, this decision was adopted after reviewing BIL group’s international presence in light of the new strategic framework and after completion of necessary procedures and internal communication to impacted staff.

For the full text; http://mrem.bernama.com/viewsm.php?idm=24425

MOCA/PARKS ASSOCIATES STUDY SHOWS CONSUMER INTEREST IN WIRED SOLUTIONS FOR WIRELESS NETWORK ISSUES

SAN RAMON, Calif., May 13 (Bernama) -- According to new Parks Associates research of 1,000 U.S broadband households with a wireless home network, households commonly experience issues such as slow downloads, dead zones and interference with other devices with their wireless networks. The study found that nearly 40 percent of all U.S broadband households with a wireless router have and/or are currently experiencing problems with their wireless network.

http://mrem.bernama.com/viewsm.php?idm=24423

LATEST STUDY FROM FIRST ADVANTAGE REVEALS BACKGROUND SCREENING TRENDS IN ASIA PACIFIC

SINGAPORE & SYDNEY & HONG KONG & KUALA LUMPUR, Malaysia & MANILA, Philippines, May 13 (Bernama) -- First Advantage, a Symphony Technology Group (STG) company and the leading global provider of screening analytics and identity solutions, today announced the release of the First Advantage 2014 Background Screening Trends Report for Asia Pacific.

http://mrem.bernama.com/viewsm.php?idm=24422

SANSAN ANNOUNCES OPEN API AND PARTNERSHIPS FOR COMPLETE BUSINESS CARD DATA MANAGEMENT AND INTEGRATION

MENLO PARK, Calif. & SINGAPORE, May 13 (Bernama) -- Sansan Inc., the #1 business card and contact management service provider in Japan, today announces its’ new open API, along with official partnerships with several major IT service and software companies. Responding to its burgeoning international growth, Sansan’s new open API and partnerships enable businesses to easily integrate business card data into their existing tools and services for a complete enterprise solution.

http://mrem.bernama.com/viewsm.php?idm=24419

JAPAN'S LARGEST COSMETICS PORTAL LAUNCHES ENGLISH-LANGUAGE SHOPPING SITE

TOKYO, May 13 (Bernama) -- Cosme.com Inc., one of the consolidated subsidiaries of istyle, Inc. on May 13 launched a new website (https://www.cosme.com/en/), the English-language
version of "cosme.com," the e-commerce arm of "@cosme," the largest cosmetics and beauty portal in Japan.

(Photo: http://prw.kyodonews.jp/opn/release/201505130112/)

http://mrem.bernama.com/viewsm.php?idm=24426

ISOLA EXPANDS ITS PORTFOLIO OF HALOGEN-FREE MATERIALS FOR HIGH-END MOBILE APPLICATIONS

CHANDLER, Ariz., May 12 (Bernama) -- Isola Group, a market leader in copper-clad laminates and dielectric prepreg materials used to fabricate advanced multilayer Printed Circuit Boards (PCBs), announced today the introduction of IS350MD that expands its portfolio of halogen-free laminates and prepregs for high-end mobile applications. IS350MD fits nicely between Isola's well-established standard dielectric constant (Dk) material, DE156, and the company's ultralow Dk material, IS300MD, which was introduced in 2014 and quickly gained momentum in the High Density Interconnect (HDI) market.

http://mrem.bernama.com/viewsm.php?idm=24410

ENTRY APPLICATIONS FOR 5TH KOBE MARATHON TO BE ACCEPTED TILL MAY 26

KOBE, Japan, May 11 (Bernama) -- The Kobe Marathon Committee announced on May 11 that it is accepting applications until May 26 for the 5th Kobe Marathon to be held on November 15.

The concept of the Kobe Marathon is "Thanks and Friendship" and it is one of the biggest Japanese marathon races in Kobe, Hyogo Prefecture, that has recovered from the 1995 Great Hanshin Earthquake. The 5th marathon is a landmark event for taking us toward a future in which the Kobe Marathon will evolve into a unique urban citizen marathon.

http://mrem.bernama.com/viewsm.php?idm=24407

MONSANTO COMMENTS ON PROPOSAL FOR SYNGENTA

ST. LOUIS, May 11 (Bernama) -- In response to Syngenta's [VTX: SYNN] announcement this morning, Monsanto Company [NYSE:MON] today confirmed that it had made a private proposal to Syngenta's Board of Directors to acquire Syngenta for 449.00 CHF per share. The proposal contemplates consideration of approximately 45% cash and would provide Syngenta shareholders with a very attractive premium and significant further value creation through ongoing ownership in the combined company.

http://mrem.bernama.com/viewsm.php?idm=24406

A.M. BEST AFFIRMS RATINGS OF POLICE HEALTH PLAN LIMITED

SINGAPORE, May 11 (Bernama) -- A.M. Best has affirmed the financial strength rating of B (Good) and the issuer credit rating of “bbb ” of Police Health Plan Limited (PHP) (New Zealand). The outlook for both ratings is stable. PHP is a member-owned company providing health cover to current and former members of the New Zealand police.

http://mrem.bernama.com/viewsm.php?idm=24405

A.M. BEST BRIEFING: NEPAL EARTHQUAKE'S IMPACT TO BE MINIMAL ON GLOBAL REINSURERS, BUT SUBSTANTIAL FOR LOCAL SECTOR

HONG KONG, May 8 (Bernama) -- A.M. Best has released a new briefing that explores the impact on the insurance industry of the devastating earthquake that struck Nepal on April 25, 2015. Although the 7.8-magnitude quake has already brought significant economic and human losses, insured costs are expected to stay at a minimal fraction of total economic losses due to low insurance penetration in the area.

Looking at the effect from a global perspective, the Best’s Briefing, titled, “Nepal Earthquake’s Impact to Be Minimal on Global Reinsurers, But Substantial for Local Sector,” states this event is not expected to have a major impact on the current reinsurance market. However, on a local level, the event is expected to have an adverse impact on local or some regional players, due to the significant cost from property and motor losses.

http://mrem.bernama.com/viewsm.php?idm=24400

A.M. BEST COMMENTS ON RATINGS OF GENERAL INSURANCE CORPORATION OF INDIA FOLLOWING NEPAL EARTHQUAKE

HONG KONG, May 7 (Bernama) -- A.M. Best has commented that the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of General Insurance Corporation of India (GIC Re) (India) remain unchanged following the devastating earthquake that struck Nepal on April 25, 2015.
GIC Re’s risk exposure in Nepal is protected by its retrocession arrangement through excess of loss (XoL) cover. The maximum net loss after XoL and the reinstatement premium is small compared with the company’s latest capital and surplus. Hence, the impact of the earthquake on GIC Re’s ratings is insignificant.

http://mrem.bernama.com/viewsm.php?idm=24392

WESTERN UNION STATEMENT

ENGLEWOOD, Colo., May 7 (Bernama) -- The Western Union Company (NYSE: WU), a leader in global payment services, today issued the following statement:

"Although our policy is not to comment on market rumors or speculation, and that continues to be our policy on a going forward basis, in view of the high level of market activity in our stock today, Western Union states that current news reports indicating that our company is in discussions to acquire MoneyGram International, Inc. are not accurate."

http://mrem.bernama.com/viewsm.php?idm=24386

A.M. Best Comments on Ratings of Royal Insurance Corporation of Bhutan Limited Following the Nepal Earthquake

HONG KONG, May 7 (Bernama-BUSINESS WIRE) -- A.M. Best has commented that the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Royal Insurance Corporation of Bhutan Limited (RICB) (Bhutan) are unchanged following the devastating earthquake that struck Nepal on April 25, 2015.
 
RICB’s risk exposure in Nepal is well-protected by its retrocession program and the maximum loss due to the earthquake does not pose a significant impact to the company’s risk-adjusted capitalization. Hence, there is no immediate effect on RICB’s ratings.

http://mrem.bernama.com/viewsm.php?idm=24389

The Western Union Foundation Surpasses US$100M Charitable Global Giving Milestone

Since 2001, the Western Union Foundation has made over 3,000 grants supporting NGOs worldwide 
ENGLEWOOD, Colo., May 7 (Bernama-BUSINESS WIRE)-- The Western Union Foundation today announced it has surpassed a major milestone, donating more than US$100 million in support to more than 2,700 non-governmental organizations (NGOs) to provide support to thousands of families and individuals in more than 135 countries and territories.

http://mrem.bernama.com/viewsm.php?idm=24387

Frontera Resources Corporation Marks Historic One Year Anniversary of Gas Production Operations in Georgia

HOUSTON, May 7 (Bernama-BUSINESS WIRE) -- Frontera Resources Corporation (AIM: FRR), an independent international oil and gas exploration and production company, today announces a milestone at its gas operations in Georgia.
 
Since commencing gas production operations in April 2014 from the Mtsare Khevi Gas Complex, located within the Sagarejo District of its eastern Georgia, Block 12 contract area, Frontera has successfully marked one year of gas production operations.

http://mrem.bernama.com/viewsm.php?idm=24384

Horizon Unveils World's First Multi-rotor, Hycopter

KUALA LUMPUR, May 6 (Bernama) -- HYCOPTER, the world's first hydrogen fuel cell powered multi-rotor UAV is being readied for a record flight endurance for four hours, or around eight to 10 times of the average flight duration of equivalent systems.

Horizon Unmanned Systems (HUS), a Singaporean company, has unveiled the rotorcraft today, said a statement issued in Atlanta, the United States.

HYCOPTER makes use of its frame structure to store energy in the form of hydrogen instead of air, eliminating energy storage weight. With less lift power required, its ultra-light fuel cell turns the hydrogen in its frame into electricity to power its rotors.

With HUS' breakthrough technology, today's 20-30 minute multi-rotor missions shift to a new paradigm with flights lasting several hours at a time. Aerial survey jobs will become materially cheaper, faster and drone delivery over longer distances, more feasible.

HYCOPTER's special fuel cell was designed by sister company Horizon Energy Systems (HES), which recently announced a new 700Wh/kg solid hydrogen storage system.

Newly formed Horizon Unmanned Systems brings together years of knowledge in energy storage optimization, composites, as well as a new breed of autonomous navigation technologies, to show the way forward on innovation in mini-electric UAVs.

"By removing the design silos that typically separate the energy storage component from UAV frame development - we opened up a whole new category in the drone market, in-between battery and combustion engine systems.

"HYCOPTER is the first result of our efforts and we intend to demonstrate many more platform innovations in the coming months," explained Taras Wankewycz, CEO at Horizon in the same statement.

HYCOPTER will be on display starting today at booth 401 at the May 4-7 AUVSI trade show in Atlanta.

-- BERNAMA

http://www.bernama.com/bernama/v8/newsindex.php?id=1132332

CDTi Announces New Advanced Materials Technology

Initial Benchmarking Shows High Performance With Dramatically Lower PGMs 
OXNARD, Calif., May 6 (Bernama-GLOBE NEWSWIRE) -- Clean Diesel Technologies, Inc. (Nasdaq:CDTI) ("CDTi" or "the Company"), a leader in advanced emission control technology, released preliminary engine and vehicle test results for its new synergized-platinum group metal (SPGM™) diesel oxidation catalyst (DOC) technology. In these initial tests, CDTi's SPGM™ DOC achieved emission control and system performance comparable to a leading original equipment manufacturer (OEM) catalyst product while slashing PGM usage by over 80%. The SPGM DOC technology represents another breakthrough in CDTi's advanced materials research program aimed at significantly reducing or eliminating the need for costly PGMs in emission control catalysts.

http://mrem.bernama.com/viewsm.php?idm=24376

CP Kelco Announces Approval to Build New Citrus Peel Plant in Latin America

ATLANTA, May 5 (Bernama-GLOBE NEWSWIRE) -- CP Kelco, a leading global producer of specialty hydrocolloid solutions, today announced approval from the company's Boards of Directors to build a new, world-scale processing plant in Latin America for dry citrus peel. Citrus peel is the core raw material used to produce pectin, one of CP Kelco's strategic product lines.
 
Completion of the new citrus peel plant is targeted for the second half of 2016.

http://mrem.bernama.com/viewsm.php?idm=24363

Parker Aerospace Signs Long-Term Support Agreement with Tianjin Airlines

Company to provide inventory management and replenishment services for Tianjin Airlines’ fleet of Embraer 190 E-Jet aircraft 
TIANJIN, China, May 5 (Bernama-BUSINESS WIRE) -- Parker Aerospace, a business unit of Parker Hannifin Corporation, the global leader in motion and control technologies, and its Customer Support Operations have signed a long-term agreement with Tianjin Airlines to provide a comprehensive maintenance package for its fleet of Embraer 190 E-Jet aircraft.

http://mrem.bernama.com/viewsm.php?idm=24361

Capital Safety Acquires Python Safety, Inc.

Acquisition joins global leader in fall protection with leading manufacturer of drop prevention for tools, equipment 
BLOOMINGTON, Minn., May 5 (Bernama-BUSINESS WIRE)-- Capital Safety™, a global leader in fall protection and home of the DBI-SALA® and PROTECTA® brands, today announced that it has acquired Python Safety, Inc., a Woodstock, Georgia-based company that is a leading provider of dropped object prevention solutions for tools and equipment.

http://mrem.bernama.com/viewsm.php?idm=24359