BALTIMORE, Jan 26 (Bernama-GLOBE NEWSWIRE) -- Algeco/Scotsman Holding S.à r.l. (together with its subsidiaries, “Algeco Scotsman”) today announced that it has made available certain information relating to Algeco Scotsman on its website, which contains an update on the financial performance of the Group and certain other information and can be accessed at http://www.algecoscotsman.com/pdf/Algeco-Information-Release_Jan_25_2018.pdf
About Algeco Scotsman Algeco Scotsman is the leading global business services provider focused on modular space, secure portable storage solutions, and remote workforce accommodation management. Headquartered in Baltimore, Algeco Scotsman has operations in 24 countries with approximately 245,000 modular space and portable storage units and 11,400 remote accommodations rooms. The company operates as Target Logistics in North America, Algeco in Europe, Elliott in the United Kingdom, Ausco in Australia, Portacom in New Zealand, and Algeco Chengdong in China. Cautionary Notice Regarding Forward Looking Statements This press release contains statements reflecting assumptions, expectations, projections, intentions or beliefs about future events that are intended as “forward-looking statements,” particularly those statements concerning expectations regarding the use of proceeds from the offering. A number of risks and uncertainties could cause our actual results to differ materially from current projections, forecasts, estimates and expectations relating to us. Any or all of these forward-looking statements may turn out to be wrong. They can be affected by inaccurate assumptions or by known or unknown risks, uncertainties and other factors, many of which are beyond our control. Disclaimer This press release shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Investor Relations Contact Scott Shaughnessy Vice President, Finance Algeco Scotsman +1 410-933-5921 [email protected] Source : Algeco Scotsman --BERNAMA
0 Comments
RESTON, Va., Jan 26 (Bernama-GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ:LTBR) (the “Company”), a nuclear fuel technology company, and Framatome, a leader in nuclear fuel, components and reactor services, finalized and launched Enfission, a 50-50 joint venture company to develop, license and sell nuclear fuel assemblies based on Lightbridge-designed metallic fuel technology and other advanced nuclear fuel intellectual property. Lightbridge is a U.S. nuclear fuel development company and Framatome is a leader in designing, building, servicing, and fueling today’s reactor fleet and advancing nuclear energy.
The two companies already began joint fuel development and regulatory licensing work under previously signed agreements initiated in March 2016. The joint venture is a Delaware-based limited liability company. Bernard Fontana, Chairman of the Managing Board and CEO of Framatome, said, “This is an exciting time of growth for Framatome and we are proud to work with Lightbridge on Enfission. Together, we are developing an innovative fuel technology that will provide significant benefits for our customers, helping them to generate more electricity from their nuclear power plants and better compete in the marketplace. Framatome provides its next generation of fuel assembly designs to more than 100 of the approximately 260 light water reactors worldwide. Through this work, we help our customers to meet their operational goals with a high level of safety. We are confident that our strategic partnership with Lightbridge on Enfission will strengthen our position as a key international player in the global fuel market.” Seth Grae, Lightbridge president and CEO, said, “With the world calling for more reliable, economic and carbon-free baseload power, Lightbridge’s innovative metallic fuel technology will help both existing and new nuclear plants fill that need. Framatome is the ideal partner with established manufacturing capabilities, an impeccable reputation as a nuclear fuel supplier and a large global footprint. We appreciate the strong support we have already received from the leading nuclear operators, both in the U.S. and around the world. The world’s energy and climate needs can only be met if nuclear power grows as a part of the energy-generating mix. We are honored to work with Framatome on this important project and believe the economic and safety benefits of our fuel will encourage greater use of nuclear power.” About Framatome Framatome is a major international player in the nuclear energy market recognized for its innovative solutions and value-added technologies for designing, building, maintaining, and advancing the global nuclear fleet. The company designs, manufactures, and installs components and fuel for nuclear power plants and offers a full range of reactor services. With 14,000 employees worldwide, every day Framatome’s expertise helps its customers improve the safety and performance of their nuclear plants and achieve their economic and societal goals. Join the energy conversation with Framatome Inc. on Twitter: @FramatomeUS and Facebook: @FramatomeUS. Framatome is owned by the EDF Group (75.5%), Mitsubishi Heavy Industries (MHI – 19.5%) and Assystem (5%). About Lightbridge Corporation Lightbridge (NASDAQ:LTBR) is a nuclear fuel technology development company based in Reston, Virginia, USA. The Company develops proprietary next generation nuclear fuel technologies for current and future reactors. The technology significantly enhances the economics and safety of nuclear power, operating about 1000° C cooler than standard fuel. Lightbridge invented, patented and has independently validated the technology, including successful demonstration of the fuel in a research reactor with near-term plans to demonstrate the fuel under commercial reactor conditions. The Company has assembled a world class development team including veterans of leading global fuel manufacturers. Four large electric utilities that generate about half the nuclear power in the US already advise Lightbridge on fuel development and deployment. The Company operates under a licensing and royalty model, independently validated and based on the increased power generated by Lightbridge-designed fuel and high ROI for operators of existing and new reactors. The economic benefits are further enhanced by anticipated carbon credits available under the Clean Power Plan. Lightbridge also provides comprehensive advisory services for established and emerging nuclear programs based on a philosophy of transparency, non-proliferation, safety and operational excellence. For more information please visit: www.ltbridge.com. To receive Lightbridge Corporation updates via e-mail, subscribe at http://ir.ltbridge.com/alerts.cfm . Lightbridge is on Twitter. Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp. Forward Looking Statements With the exception of historical matters, the matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the joint venture and its impact on each company’s businesses, customers and positions in the global fuel market; the development of innovative metallic fuel technology; the world’s energy and climate needs; and the ability of commercial nuclear power to meet the world’s energy and climate needs. These statements are based on current expectations on the date of this news release and involve a number of risks and uncertainties that may cause actual results to differ significantly from such estimates. The risks include, but are not limited to, the degree of market adoption of the Company's product and service offerings; market competition; dependence on strategic partners; demand for fuel for nuclear reactors; the Company's ability to manage its business effectively in a rapidly evolving market; as well as other factors described in Lightbridge's filings with the Securities and Exchange Commission. Lightbridge does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements. Investor Relations Contact: David Waldman/Natalya Rudman Tel. +1 855-379-9900 [email protected] Source : Lightbridge Corporation --BERNAMA LONDON & NEW YORK, Jan 29 (Bernama-BUSINESS WIRE) -- Duco, the data engineering technology company, today announced the completion of a $28m investment round by Insight Venture Partners, NEX Opportunities and Eight Roads Ventures. The round also includes an investment by lifetime entrepreneur and former CEO of SunGard, Cristóbal Conde.
Duco provides technology that enables banks, brokers, asset managers and exchanges to normalise, validate and reconcile any type of data in Duco’s cloud, providing firms with on-demand data integrity and insight. The company has seen rapid and global growth as the industry re-platforms, adopting advances in leading technology to eliminate operational risk and cost and making actionable data more immediately available across the enterprise. Duco will use the investment to expand its global footprint, with headcount growth in Europe and the US, the launch of an Asia office and an expansion of its award-winning product set. Christian Nentwich, CEO of Duco, said, “Duco’s approach to solving complex data problems in financial services is to empower experts with self-service solutions. We have gained considerable traction as the industry looks for intelligent answers to evolving new market realities. Our clients have engaged us globally at a strategic level and are relying on our proven ability to deliver at scale. This investment enables us to push further in applying our natural background in Computer Science to solving fundamental industry problems, while strengthening our resources to deepen relationships with our existing client base.” Peter Sobiloff, Managing Director, Insight Venture Partners, said, “Insight Venture Partners tracks many companies, but few stand out. Duco is one of the few. The company has already demonstrated tremendous growth, and we are looking forward to scaling that growth to the next level. We are impressed by the management team’s ability to deliver tangible impact in a challenging and complex business-to-business environment while amassing an impressive global client list with high customer satisfaction levels and retention rates. Insight is looking forward to working with the Duco team.” Michael Spencer, CEO of NEX, said, “The evolution of the post-trade environment in financial services requires fundamental changes in market structure, processes and technology. In areas such as data, a deeper and more technical level of innovation has been required and this is exactly where Duco are the industry’s pioneers. NEX has supported the firm from its conception and we are thrilled, but not surprised, to see its substantial progress.” Cristobal Conde said, “I am delighted to be deepening my relationship with Duco at this important inflection point for the company. Reconciliation in financial services, and particularly in banks and large asset managers, is an area that requires a shake-up and re-engineering in the coming years. Duco is focused on bringing technological advancements to market in an industry that is ripe for disruption. The company is taking significant market share and will emerge as a household name in the coming years.” About Duco Duco provides self-service data engineering in the cloud. We empower users to normalize, validate and reconcile any type of data on demand. New clients are live in 24 hours, with results in 7 days and tangible business value in 30 days. Our customers include international banks, brokers, exchanges, asset managers, hedge funds, administrators, service providers and corporates. Headquartered in London, with offices in New York and Luxembourg, Duco serves clients throughout Europe, North America, Africa, Asia, and Australasia. For more information go to https://du.co About Insight Venture Partners Insight Venture Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries. Founded in 1995, Insight has raised more than $18 billion and invested in over 300 companies worldwide. Our mission is to find, fund and work successfully with visionary executives, providing them with practical, hands-on growth expertise to foster long-term success. Across our people and our portfolio, we encourage a culture around a core belief: growth equals opportunity. For more information on Insight and all its investments, visit www.insightpartners.com or follow us on Twitter @insightpartners. About NEX Opportunities A NEX business, NEX Opportunities helps companies challenge convention and accelerate growth. We invest in financial technology companies that are transforming markets. We partner with pioneers who are bringing new technologies, sciences, business models and talent to capital markets technology. Investments include: Abide Financial, AcadiaSoft, ENSO Financial, Duco, OpenGamma, Axoni, Digital Asset Holdings, OpenFin and Cloud 9. For more information, go to www.euclidopportunities.com. About Eight Roads Eight Roads Ventures is a global venture capital firm with more than 40 investments in the FinTech space. Together with associated funds it manages $3.6Bn of capital across offices in the UK, India, Japan, China and the US. Eight Roads has a near 50-year history of investing, that includes partnerships with companies such as Alibaba, Ant Financial, Appsflyer, China PnR, Compte Nickel, Curam, Future Advisor, Kensho, InnoGames, iPipeline, Letgo, Made.com, Neo4j, Nuance, Ping Identity, Prosper, Recurly, Wuxi Pharmatech, Xoom. About Cristóbal Conde Cristóbal is the former President and CEO of SunGard. He spent 24 years at the firm, growing SunGard into a Fortune 500 Company and the largest privately held software and services company in the world, employing over 26,000 staff. Prior to President and CEO, Cristóbal held various senior roles at Sungard including Executive Vice President and COO. Contacts Chris Peacock, +44 20 3111 9294 [email protected] or MWWPR for Insight Venture Partners +1 646 376 7037 [email protected] or Bryony Scragg, +44 20 7818 9689 Head of Media Relations [email protected] or Alex Prescot, +44 20 7074 5473 [email protected] Source: Duco HONG KONG, Jan 26 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” of The Dai-ichi Life Insurance Company, Limited (DL) (Japan), a wholly owned subsidiary of Dai-ichi Life Holdings, Inc. The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect DL’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management. DL’s very strong balance sheet is underpinned by risk-adjusted capitalization that A.M. Best considers to be at the strongest level and by a positive impact from the holding company, which is offset partially by DL’s moderate asset/liability duration gap. The company’s capital requirements, as measured by Best’s Capital Adequacy Ratio (BCAR), continue to be driven by asset risk due to its sizeable investment assets relative to its shareholder funds. DL’s financial leverage remains adequate for the current ratings. mrem.bernama.com/viewsm.php?idm=31025 Adds support for containers and Microsoft Hyper-V, integrates multicloud services
SAN JOSE, Calif., Jan 26 (Bernama-GLOBE NEWSWIRE) -- Cisco today announced platform innovations for Cisco® HyperFlex™ with the 3.0 software release that delivers performance and simplicity for any application, on any cloud, at any scale. Enhancements include support for Microsoft Hyper-V, stretch clusters, containers, and new multicloud services that enable applications to be deployed, monitored and managed in any cloud. The result is a platform that uniquely enables development and deployment of both traditional and cloud-native applications on a common hyperconverged platform. Cisco HyperFlex: The Power to Simplify More Other hyperconverged solutions neglect the crucial roles that networking and distributed file systems play in the performance and scaling of clustered servers. Cisco redefined hyperconvergence with a complete end-to-end approach that engineers high performance server and networking technology, with a purpose-built filesystem. The result is industry leading performance that enables customers to efficiently support a broader array of applications, including databases and mission critical ERP workloads. “HyperFlex’s approach enables high performance of Microsoft SQL and Oracle databases and critical applications with faster delivery of the environment, lower costs, and more effective management,” said Edivaldo Rocha, CEO, CorpFlex. The latest release of HyperFlex builds on this superior architecture and expands the opportunity for customers to simplify more. “Customers tell us they need operational simplicity, effortless scalability, and the ability to serve the unique needs of each of their applications,” said Liz Centoni, senior vice president and general manager of Cisco’s Computing Systems Product Group. “The new HyperFlex platform underscores our commitment to continuously simplify and improve data center operations and help organizations thrive in a multicloud world.” Run Any Application The HyperFlex 3.0 software release delivers significant advancements for mission critical and cloud-native workloads:
On Any Cloud Organizations today require workload mobility and application monitoring across public and private clouds. HyperFlex is the platform for the multicloud era featuring new service integrations with Cisco’s multicloud software portfolio:
Only Cisco enables customers to power rapidly growing workloads with comprehensive resiliency while enjoying the global reach of cloud-based systems management.
Organizations are rapidly adopting hyperconverged infrastructure (HCI) to help simplify their environments. HCI is one of the fastest growing segments in the data center space with a 5-year CAGR (2016-2021) of 30.2 percent (Source: IDC Worldwide Quarterly Converged Systems Forecast Tracker, 3CQ17). Cisco HyperFlex is being adopted as the platform of choice for enterprise IT, accelerating this market transition with more than 2000 customers globally. Additional Resources
About Cisco HyperFlex Systems™ Cisco HyperFlex Systems delivers complete hyperconvergence, combining compute, storage, and networking resources into a simplified, easy-to-use platform. The HyperFlex data platform engineered with Cisco Unified Computing System™ (Cisco UCS®) delivers a dynamic data fabric™ with the industry-leading performance customers need to simplify more applications in their data centers. Cisco HyperFlex Systems deliver the agility, scalability, and pay-as-you-grow economics of the cloud, but with the benefits of on-premises infrastructure. Cisco HyperFlex. Simplify more. About Cisco Cisco (NASDAQ:CSCO) is the worldwide technology leader that has been making the Internet work since 1984. Our people, products, and partners help society securely connect and seize tomorrow's digital opportunity today. Discover more at thenetwork.cisco.com and follow us on Twitter at @Cisco. Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. Press Relations Lee Davis Cisco 650-868-3036 [email protected] Analyst Relations Jennie Olean Cisco 978 936-0223 [email protected] Investor Relations Carol Villazon Cisco 408-527-6538 [email protected] Photos accompanying this announcement are available at http://www.globenewswire.com/NewsRoom/AttachmentNg/f62645a1-5b28-4671-ac70-24a5338e2371 http://www.globenewswire.com/NewsRoom/AttachmentNg/312438df-ca48-4c77-ac19-4664ff6f1106 SOURCE : Cisco Systems, Inc. |
Archives
April 2023
|