HOUSTON-Wednesday, May 17th 2017 [ ME NewsWire ]

(BUSINESS WIRE)-- Ascend Performance Materials, the largest fully integrated producer of PA66 resin, will exhibit a full range of automotive applications at Chinaplas 2017.

On display at booth 11.2B41 at the China Import and Export Fair Complex in Guangzhou, China will be PA66 automotive parts for cooling systems, oil management, powertrain, tire cord and electrical components.

“Drivers are expecting more from their cars than ever before. They expect more technology, better performance, higher fuel efficiency and greater comfort,” said Philip Jeszke, global segment leader for the automotive industry at Ascend Performance Materials. “OEMs and part manufacturers trust that Ascend’s world-class, integrated operations provide them with the quality and supply assurance they need to remain competitive in the marketplace.”

Ascend’s portfolio of PA66 resins and ... Read more »

 

DALLAS-Saturday, May 20th 2017 [ ME NewsWire ]

(BUSINESS WIRE)-- EB Holdings II, Inc., a Nevada corporation, reports the following information in connection with its EUR 600m PIK Loan Agreement:

On August 26, 2016, in Las Vegas, the GoldenTree Group filed a lawsuit in Nevada State Court making numerous, unfounded accusations against EB Holdings II, Inc., Howard M. Meyers, Albert P. Lospinoso, Eco-Bat Technologies Limited, Quexco Inc. and RSR Corporation.

On November 29, 2016, Eco-Bat Technologies Limited, Quexco Inc. and RSR Corporation were dismissed from the lawsuit.

Howard Meyers, President of EB Holdings II, Inc. stated, “The GoldenTree Group embarked on a course of action in Nevada and after filing the initial complaint, the GoldenTree Group continued as late as last week to file further lawsuits with the Nevada State Court which are, we believe, unsubstantiated and untruthful.”

Further Howard Meyers stated, &ld ... Read more »

 Annual Silicon Valley Business Journal Awards Recognize 100 Most Influential Women in the Region

SARATOGA, Calif.-Saturday, May 20th 2017 [ ME NewsWire ]

(BUSINESS WIRE)-- MATRIXX Software (http://www.matrixx.com/) today announced company Founder and Vice President of Marketing, Jennifer Kyriakakis, has been honored in the Silicon Valley Business Journal 2017 ‘Women of Influence’ list. The award recognizes women who demonstrate a strong record of innovation, have achieved outstanding performance in business and who are changemakers in the Silicon Valley community.

Jennifer was honored for her role as founder of MATRIXX Software, a company she helped launch in 2008 after envisioning how the smartphone would drive the mobile economy and change how mobile operators do business with their customers. Jennifer partnered with veteran innovator Dave Labuda, founder of Portal Software (acquired by Oracle in 2006), and together they built MATRIXX with ... Read more »

 In Addition to the Public Investment Fund, SoftBank Group and Mubadala, Initial Investors in Global Technology Fund include Apple, Foxconn, Qualcomm and Sharp

SoftBank Vision Fund Seeks to Accelerate Information Revolution

SAINT HELIER, Jersey-Saturday, May 20th 2017 [ ME NewsWire ]

(BUSINESS WIRE)-- The SoftBank Vision Fund (the “Fund”) today announced its first major close with over U.S.$93 billion of committed capital. In addition to SoftBank Group Corp (“SBG”) and the Public Investment Fund of the Kingdom of Saudi Arabia (“PIF”) as previously announced, investors in the Fund also include the Mubadala Investment Company of the United Arab Emirates (“Mubadala”), Apple Inc. (“Apple”), Foxconn Technology Group (“Foxconn”), Qualcomm Incorporated (“Qualcomm”) and Sharp Corporation ("Sharp"). The Fund is targeting a total of U.S.$100 billion of committed capital, ... Read more »