First Tier One additive manufacturer approved by Honeywell for production

DAVIE, Fla.-Thursday, January 11th 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Sintavia, LLC, a leading Tier One metal additive manufacturer, announced today that it had received internal approval to manufacture production parts for Honeywell Aerospace via the powder bed fusion process, representing the first company to do so. The approval covers all programs within Honeywell Aerospace.

“We have been working with Honeywell for over 18 months as part of their rigorous supplier qualification,” said Brian R. Neff, Sintavia’s Chairman and Chief Executive Officer. “We are grateful that all of our team’s hard work has paid off, and are looking forward to demonstrating the many benefits of additive manufacturing within Honeywell’s supply chain in the form of lower costs, shorter manufacturing times, and dramatic design improvements.”

 - Accelerating the expansion of international safety business -

TOKYO-Wednesday, January 10th 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- NEC Corporation (NEC; TOKYO:6701) today announced the acquisition of UK-based IT services company Northgate Public Services Limited (NPS), accelerating the expansion of its international safety business. NEC is buying NPS for GBP 475 million from leading international private equity firm Cinven. This acquisition is expected to be completed by the end of January 2018.

Established in 1969, Northgate Public Services develops software and services for the public sector, mainly in the UK, and employs approximately 1,400 software engineers throughout the UK and India. NPS works closely with the British police and government organizations to deploy its business platform across a broad client base that includes local police forces, tax collection offices, social security offices and housing authorities.

NEC’s ... Read more »

 TS4-F (Fire Safety) is the first to support SunSpec Alliance signaling specifications with all safety capabilities.

LOS GATOS, Calif.-Wednesday, January 10th 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Tigo®, pioneer of the Smart Modular Flex MLPE platform, today announced its new TS4-F (Fire Safety) to join the current TS4 Platform of integrated and retrofit/add-on junction box covers. As the most cost-effective rapid shutdown solution in the TS4 Platform, the TS4-F will accompany the family of products in the form of integrated PV modules by manufacturers worldwide. Consult your preferred PV module supplier or visit Tigo’s website for the new "integrated TS4-F" or "retrofit/add-on TS4-R-F," available in Q1 2018.

As part of the TS4 Platform, the TS4-F utilizes the Ultra-High Definition Core (UHD-Core) and supports any PV module up to 475W with voltage up to 90V and current up to 12A. Furthermore, TS4-F uniquely s ... Read more »

LAS VEGAS-Wednesday, January 10th 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Business Wire will be making breaking CES 2018 exhibitor news and online press kits available through an exhibitor news archive at https://www.ces.tech/Media/News/Exhibitor-Press-Releases.aspx.

The following Online Press Kits are also available

    A-Volute
    Absolute Audio Labs
    Altek Corporation (3D Depth Sensing Solutions)
    beyerdynamic, inc.
    Bot3, Inc.
    Butterfly Technology (Shenzhen) Ltd.
    CareOS
    Casio America, Inc.
    CES
    Cleer, Inc.
    Emfit
    Gary's Book Club presented by Barnes & Noble
    Hampton Products International
    Humanscale
    ... Read more »

Sharjah, United Arab Emirates-Wednesday, January 10th 2018 [ AETOS Wire ]

All signs point to Asia leading the gas demand and continuing this upward trajectory for at least the next decade. Natural gas is still showing strong signs of becoming the world’s second most important source of energy over the next decade, according to Majid Jafar, CEO of Crescent Petroleum, the Middle East’s oldest private oil & gas company.

Examples of this trend are seen in both India and S. Korea. India’s Prime Minister Narendra Modi, whose medium-term goal for gas is a rise from 6.5% to 15%, has consulted industry CEOs on how to increase the role of gas in India. In a break from previous administrations, S. Korea’s new policy of phasing out coal and nuclear power in favor of more costly natural gas means it could see gas rise from 18% to 37% of the power mix by 2030.

According to Jafar, “Not only is the Middle East the source of c.42.5% of the wo ... Read more »

Company announces best quarterly and yearly revenue in its history

WESTBOROUGH, Mass.-Wednesday, January 10th 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- ExaGrid®, a leading provider of hyper-converged secondary storage for backup, today announced record revenue for Q4 2017. ExaGrid grew over 20% from the same quarter a year ago as well as for the full year of 2017 over 2016. The company is growing faster than the overall market and continues to grow its market share position. Demonstrating growing demand on the part of enterprise IT environments for a superior solution that’s also cost effective, ExaGrid achieved a record number of six-figure new customer opportunities in the 4th quarter.

“ExaGrid had a strong record quarter in both North America and EMEA,” said Bill Andrews, CEO and President of ExaGrid. “We continue to see record numbers of organizations – particularly the larger environments with hundreds of ter ... Read more »

 European litigation, backed by institutional investors from around the world, seek equal restitution for majority of losses 

AMSTERDAM-Monday, January 8th 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Stichting Petrobras Compensation Foundation (SPCF or Foundation).

On January 3, 2018, Petrobras announced that in connection with the losses investors suffered from the “Lava Jato” bribery scandal, it had agreed to a USD 2.95 Billion settlement with investors who purchased American Depository Shares (ADS) and bonds in the US. The US settlement is a commendable and positive development, but it only provides recoveries for claims by purchasers in the United States and by purchasers of Petrobras securities that are listed for trading in the United States. The US issued and traded securities represent a limited portion of Petrobras global securities and related investor losses. The majority of investor losses occurred from trading in the Petrobras se ... Read more »

Dubai, United Arab Emirates.-Wednesday, January 10th 2018 [ AETOS Wire ]

In a world-first, Dubai Airports and ITP Media Group have joined to launch Time Out DXB, a new media brand with the opportunity to engage with the 90 million passengers that pass through the world’s leading international airport every year.

From February 2018, passengers passing through all terminals at Dubai International will have real-time access to the latest offers in food and retail outlets, plus experiences and leisure activities, via the brand-new app and monthly Time Out DXB magazine. By downloading the App, using the airport’s free wi-fi, they will receive curated information based on their travel status – with users able to choose between transit passengers, tourists and residents. The 88-page English-language magazine will be circulated free-of-charge throughout the airport’s terminals.

The ultimate showcase for both DXB and the city of Dubai itself, t ... Read more »