ICELAND POST DEPLOYS DESCARTES ROUTE PLANNING SOLUTION FOR EXPANDING DELIVERY OPERATIONS16/11/2017 MALMÖ, Sweden and REYKJAVÍK, Iceland, Nov 15 (Bernama-GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, and Iceland Post, the Icelandic national postal service, announced that Descartes’ route planning solution is being deployed to manage delivery operations for Iceland Post as the company shifts its primary focus from mail to parcel delivery in support of the country’s dramatic growth in ecommerce.
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SABINA GOLD & SILVER ANNOUNCES FINANCIAL RESULTS FOR THE QUARTER ENDED SEPTEMBER 30, 201715/11/2017 $38.5 million at September 30, 2017 in cash and equivalents
VANCOUVER, British Columbia, Nov 15 (Bernama-GLOBE NEWSWIRE) --Sabina Gold & Silver Corp. (“Sabina”) or (the “Company”) (TSX:SBB) reports the financial results for the quarter ended September 30, 2017. “With the positive recommendation received from the Nunavut Impact Review Board (“NIRB”) in July, the third quarter of 2017 saw a milestone de-risking event for the Company,” said Bruce McLeod, President & CEO. “While the NIRB report is with the Minister of Indigenous and Northern Affairs Canada (“INAC”) pending a decision, we have continued to advance the project forward by advancing basic engineering and other site assessment activities at the same time as continuing to drill high impact targets at the Goose property. We are very pleased with the results from both the Umwelt and Llama drilling to date which demonstrate the significant mineral endowment of the property. We look forward to a Minister’s decision, we anticipate could be before the end of the year, and to fully assessing our 2017 drilling to determine the campaign focus for 2018.” Q3 2017 Highlights:
For the three months ended September 30, 2017, the Company reported a net loss of $0.5 million or $0.00 per share, in comparison to a net loss of $3.7 million or $0.02 per share in the corresponding period of 2016. The difference quarter over quarter was primarily the result of a write-down ($5.2 million) on the Wishbone properties in 2016 and higher finance income in Q3 2017 ($0.7 million) on amortization of flow-through premium associated with the flow-through financing completed in 2017. Partially offsetting were higher operating and deferred income tax expenses in Q3 2017 than the comparable period. Q3 2017 operating expenses were $0.5 million higher than the comparable period due to: the higher professional services fees of $0.3 million related to Back River project financing; higher travel expenses of $0.1 million for marketing activities; and, higher stock based compensation resulting from more stock options granted in Q3 2017 than the comparable period. For the nine months ended September 30, 2017, the Company reported a net loss of $2.5 million, favourable by $1.6 million compared to the same period of 2016. As noted above, the decrease in loss period over period was mainly due to the result of a write-down of the Wishbone properties and higher operating and deferred income tax expense in 2017 compared to 2016. Partially offsetting was a higher net gain ($0.6 million) realized on the sale of Pure Gold shares in 2016 compared to 2017. For the full September 30, 2017 interim financial statements and Management’s Discussion and Analysis, please see the Company website at www.sabinagoldsilver.com or on SEDAR. SABINA GOLD & SILVER CORP Sabina Gold & Silver Corp Sabina Gold & Silver Corp. is a well-financed, emerging precious metals company with district scale, world class undeveloped assets in one of the world’s newest, politically stable mining jurisdictions: Nunavut, Canada. In September, 2015, Sabina released a Feasibility Study on its 100% owned Back River Gold Project which presents a project that has been designed on a fit-for purpose basis, with the potential to produce ~200,000 ounces a year for ~11 years with a rapid payback of 2.9 years. At a US$1,150 gold price and a 0.80 exchange rate, the Study delivers a potential after tax internal rate of return of approximately 24.2% with an initial CAPEX of $415 million. In addition to Back River, Sabina also owns a significant silver royalty on Glencore’s Hackett River Project. The silver royalty on Hackett River’s silver production is comprised of 22.5% of the first 190 million ounces produced and 12.5% of all silver produced thereafter. All news releases and further information can be found on the Company’s website at www.sabinagoldsilver.com or on SEDAR at www.sedar.com. All technical reports have been filed on www.sedar.com For further information please contact: Nicole Hoeller, Vice-President, Communications: 1 888 648-4218 [email protected] Forward Looking Statements This news release contains “forward-looking information” within the meaning of applicable securities laws (the “forward-looking statements”), including our belief as to the extent, results and timing of exploration programs and various studies including and exploration results, reserves estimates, potential production from and viability of the Company’s properties, production and operating costs and permitting submission, timing and receipt of necessary permits and project approvals for future operations and access to project funding. These forward-looking statements are made as of the date of this news release. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated in or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur. While we have based these forward-looking statements on our expectations about future events as at the date that such statements were prepared, the statements are not a guarantee that such future events will occur and are subject to risks, uncertainties, assumptions and other factors which could cause events or outcomes to differ materially from those expressed or implied by such forward-looking statements. Such factors and assumptions include, among others, the effects of general economic conditions, commodity prices, changing foreign exchange rates and actions by government and regulatory authorities and misjudgments in the course of preparing forward-looking statements. In addition, there are known and unknown risk factors which could cause our actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Known risk factors include risks associated with exploration and project development; the need for additional financing; the calculation of mineral resources and reserves; operational risks associated with mining and mineral processing; fluctuations in metal prices; title matters; government regulation; obtaining and renewing necessary licenses and permits; environmental liability and insurance; reliance on key personnel; the potential for conflicts of interest among certain of our officers or directors; the absence of dividends; currency fluctuations; labour disputes; competition; dilution; the volatility of the our common share price and volume; future sales of shares by existing shareholders; and other risks and uncertainties, including those relating to the Back River Project and general risks associated with the mineral exploration and development industry described in our Annual Information Form, financial statements and MD&A for the fiscal period ended December 31, 2016 filed with the Canadian Securities Administrators and available at www.sedar.com. Although we have attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. We are under no obligation to update or alter any forward-looking statements except as required under applicable securities laws. This news release has been authorized by the undersigned on behalf of Sabina Gold & Silver Corp. Bruce McLeod, President & CEO 1800-555 Burrard Street, Two Bentall Centre Vancouver, BC V7X 1M9 Tel 604 998-4175 Fax 604 998-1051 http://www.sabinagoldsilver.com Source : Sabina Gold & Silver Corp. --BERNAMA Pioneer and Global Leader in Document Automation, HotDocs, Becomes Part of the AbacusNext Family of Business Management Solutions
SAN DIEGO, Nov 14 (Bernama-GLOBE NEWSWIRE) -- AbacusNext®, the largest Technology-as-a- Service (TaaS) provider for the professional services industry, is pleased to announce the acquisition of HotDocs, the global leader in document automation. Integration of HotDocs into the existing technology solutions for legal, accounting, and business management makes AbacusNext the most complete technology provider to the professional services industry. Highlights of Acquisition: - HotDocs is the leading provider of document automation software, with customers in 60 different countries and a user-base, globally, that exceeds one million. - AbacusNext pioneered the only Compliance-Ready™ suite of technology solutions designed exclusively to cloud-enable desktop, mobile and SaaS applications in a single sign-on, secured and fully managed environment. - HotDocs is widely used in the legal, banking, insurance, government, public and corporate sectors for increasing accuracy, reducing cost, mitigating risk, and improving efficiency in the generation of complex documentation. Users can quickly and efficiently generate customized documents such as contracts, sales agreements, government forms, and loan documentation. - HotDocs Market, the standalone marketplace and publishing platform, gives professionals access to thousands of premium templates. Utilized by over 9,000 users, HotDocs Market is populated with content created by leading publishers and state bar associations. - AbacusNext’s combined user base, 1.5 million worldwide, will benefit from the most compelling products and services portfolio in the industry, including case management and practice management software solutions, private cloud hosting, Desktop-as-a-Service (DaaS), IT infrastructure management, security endpoint protection, and business automation. This caps a year of expansion for AbacusNext-which saw acquisitions of Results Software, an award-winning CRM, OfficeTools, an industry leading practice management application, and Cloudnine Realtime, a hosting platform for accounting firms. The combination represents a unique opportunity to bring end-to-end technology services to existing clients, and AbacusNext will be positioned to capture significant market share in a highly fragmented market as the first company to provide a comprehensive suite of enterprise-level technology services and products. In addition to core products, AbacusNext acquires HotDocs Market, an online ecommerce marketplace that allows clients to purchase and use HotDocs templates whenever and wherever they want. This unique, self-contained e-store built by HotDocs will ultimately allow on-demand access to products and templates across the unified AbacusNext portfolio. Incorporating HotDocs Market into the AbacusNext ecosystem will deliver yet another game-changing automation platform for clients. “Today marks another milestone as we continue building on our unique technology services platform for our current and future clients,” said Alessandra Lezama, CEO of AbacusNext. “HotDocs’ document automation software is the perfect addition to our portfolio and will make an immediate impact for our client base of legal and accounting firms. By leveraging the HotDocs platform and support staff, we’ll be able to offer organizations greater business efficiency than ever before, with the broadest value proposition to support customer growth. The combined company will have an unmatched position in serving clients by providing a complete end-to-end solution.” Rapid technology changes in recent years, together with increased pressure to reduce costs and increased mobility, is driving the movement to cloud-enable firms in the professional services industry to considerably reduce their costs and increase revenues. With this acquisition, AbacusNext builds HotDocs service offerings into its platform, allowing deeper relationships with business clients by providing the solutions they need to maximize operational efficiency and strengthen profit margins. “HotDocs and AbacusNext work across many of the same markets and are a natural fit,” said Russell Shepherd, outgoing CEO of HotDocs. “I was looking for an acquirer with the same grand scale of ambition as the HotDocs team, and Abacus has the ambition to take the combined businesses on to even greater heights. HotDocs offers Abacus the opportunity to expand vertically and internationally in one bold strategic move, through the acquisition of a global, market leading brand, and I am delighted to be passing on the leadership and ownership of HotDocs to this successful and expanding company.” Steve Spratt, COO at HotDocs, commented, “HotDocs document automation technology will enhance the existing product suite that AbacusNext already provides to its impressive client base and the 11,500 existing HotDocs client organizations will now have access to new CRM, practice management and hosting services under one roof. We welcome this new partnership and I look forward to sharing the benefits it brings with existing and new customers across our key verticals of banking, legal and large enterprise.” mrem.bernama.com/viewsm.php?idm=30544 Vricon to increase the resolution and accuracy of SOCOM’s 3D geospatial data McLean, Virginia, Nov 10 (Bernama-GLOBE NEWSWIRE) -- The US Special Operations Command (USSOCOM) awarded Vricon a contract for a Foreign Comparative Test for commercial data, software, and testing to increase the resolution and accuracy of the Command’s 3D geospatial data. Vricon also will work to automate workflows to reduce manual processes involved in producing enhanced geospatial data and 3D scene visualizations. “This collaboration between SOCOM and Vricon should result in superior geospatial data, as well a reduction in time-consuming manual work to produce the data,” said Magnus Brege, Vricon CEO. “These results are increasingly important in a time when national security is dependent upon ever-shrinking timelines and precise information.” The sole source award is based on USSOCOM’s assessment that Vricon “is the only vendor which currently has the highly specialized software algorithms to generate pre-processed 3D data capable of meeting the government’s requirements…” The contract is valued at approximately $1.3 million. SEASON GETS UNDER WAY FOR CATCHING “ECHIZEN GANI,”REPRESENTATIVE OF JAPANESE BRAND-NAME CRABS10/11/2017 FUKUI, Japan, Nov 9 (Bernama) — The season for catching “Echizen Gani” (crabs), luxury-brand Zuwai Gani (snow crabs) caught in the Sea of Japan off the Echizen Coast and landed in Fukui Prefecture, got under way on November 6.
Echizen Gani, known as the only brand-name crab species presented to the Imperial Family, have yellow tags attached that certify their origin, and can be easily distinguished from other kinds of snow crabs. In particular, “Echizen Gani Kiwami” is recognized as a special brand of Echizen Gani crabs that meet extremely strict standards for their size. Those recognized as “Echizen Gani Kiwami” account for only less than 0.5 percent of the total volume of Echizen Gani caught each year. As the Echizen Gani-cathcing season gets under way on November 6 every year, a large number of tourists visit Fukui Prefecture to enjoy Echizen Gani called the “king of delicious winter food.” The Echizen Gani season lasts until March 20. Fukui Prefectural Government officials have expressed hope that people all over Japan and the world will visit the prefecture to taste Echizen Gani, which is a local specialty. YouTube (2 minutes): https://youtu.be/VgzEhk7PRYs YouTube (30 seconds): https://youtu.be/qsa5evEeUOo Website: http://www.fuku-e.com/lang/english/delicious_food/seafoods.php NEW YORK, Nov 10 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ), one of the world's leading Governance, Risk management and Compliance (GRC) solution providers, has won the Best Operational Risk & GRC provider at the RiskTech100® 2018 awards.
Nasdaq’s four commercial offerings were considered for the award:
“We are thrilled to be named the winner of the Operational Risk and GRC category,” said Lars Ottersgård, EVP & Head of Market Technology, Nasdaq. “In today’s economy, access to capital can only be obtained when there is sufficient trust and transparency. Nasdaq provides the technology to help companies achieve their ambitions, build trust and be transparent, whether it’s driven by GRC, board & leadership communications or (pre-) trade risk management & surveillance efforts. This recognition by Chartis underscores our current and future commitment in this space.” “Nasdaq has embraced new technologies and addressed important industry demands over the past year,” said Rob Stubbs, Head of Research, Chartis. “We expect it to continue to progress as a provider of GRC and operational risk software.” mrem.bernama.com/viewsm.php?idm=30519
DA NANG, Vietnam, Nov 8 (Bernama-GLOBE NEWSWIRE) -- Confidence in revenue growth is at its highest level for three years amongst business leaders in 21 Asia-Pacific Economic Co-operation’s (APEC) economies. 37% of APEC CEOs are very confident of revenue growth during the next 12 months, up from 28% in 2016 despite trade policy uncertainty and related political tensions in many of the economies that make up APEC. PwC surveyed over 1,400 business leaders with responsibility in each of the 21 APEC economies in the run up to the annual APEC CEO Summit in Vietnam. In the next year, a net 50% of businesses surveyed by PwC will increase their global investments (including those outside the APEC region), up from 43% last year, as APEC businesses increase their foothold and influence on the global economy. 71% of those surveyed who are raising investment will direct those increases into APEC economies in 2018, and 63% of all APEC CEOs expect their broader global footprint to expand over the next three years. The biggest domestic investment winners will be Vietnam, Russia, the Philippines, Indonesia and Malaysia. Vietnam, China, Indonesia, the US and Thailand are the top APEC targets for business leaders’ overseas investment. 89% of Malaysian CEOs and 86% of Viet Nam CEOs expect to expand globally. Bob Moritz, PwC Global Chairman comments, “Business leaders’ confidence suggests they are not waiting for the fog of uncertainty to clear to push ahead with investment plans. In the short term this will drive momentum for APEC, increasing its global influence and supporting deals activity with 71% of CEOs expecting to rely more on business partnerships/joint ventures in the future. “CEOs’ concerns about restrictive trade conditions, particularly the movement of labour and goods, has to be a key area of discussion for APEC leaders at the upcoming summit as it directly impacts competition and growth. 30% of business leaders want APEC, as a forum, to take the lead on exploring labour mobility solutions. “The majority of business leaders are bullish for growth, and see APEC becoming more economically linked over time, with three quarters seeing slow current progress towards deepening economic integration. 31% of CEOs in the US say progress on free trade in Asia Pacific has stalled or reversed, compared to 18% across the region.” mrem.bernama.com/viewsm.php?idm=30499 Fusionex spearheads consortium to power up DFTZ e-Services Platform, a landmark, revolutionary, first-of-its-kind eWTP (electronic World Trade Platform) in the world
KUALA LUMPUR, Malaysia, Nov 8 (Bernama-BUSINESS WIRE) -- Fusionex is leading a consortium to provide the e-services platform, powered by Big Data technologies, for the world’s first Digital Free Trade Zone (DFTZ) – a ground-breaking initiative jointly launched between the Malaysian Government and e-commerce marketplace titan, Alibaba. With DFTZ being the brainchild of the Malaysian government, key drivers and stakeholders include the Ministry of Finance (MOF), Malaysia Digital Economy Corporation (MDEC), Ministry of International Trade and Industry (MITI), the Ministry of Transport (MOT), Royal Malaysia Customs Department, Malaysia Airports Holdings Berhad, POS Malaysia, the Malaysia External Trade Development Corporation (MATRADE), SME Corp, etc. The DFTZ e-Services Platform is a trade facilitation platform that is integrated with other business service platforms and government service platforms, to facilitate a paperless, end-to-end and accurate data capture, data storage, data exchange and data analytics process, in respect of the high growth in internet trade activities. The DFTZ will facilitate small and medium enterprises (SMEs) and merchants to capitalize on the internet community as well as the e-marketplace via a huge borderless addressable market. At the same time, these cost benefits and efficiencies inadvertently trickle down to consumers who would stand to enjoy faster, efficient and more cost-effective products and fulfillment. At the DFTZ launch, Malaysian Prime Minister Dato’ Sri Najib Tun Razak declared, “We want to be the leader in the region for global trade. We want this to be the regional hub. We want SMEs to really grow by leaps and bounds and that can happen because of DFTZ. Digital Malaysia is the fastest growing sector in our economy. It is a sector that will enjoy double digit growth, and the sky is the limit! This (the DFTZ) is the part that will provide the growth, the potential, the impetus, the catalyst for us to change, redefine regional and global trade, redefine the role of SMEs, and redefine the partnership of Malaysia and China.” The aim of the DFTZ is to capitalize on the convergence and exponential growth of the internet economy and cross-border e-commerce activities, by facilitating cross-border trade and enabling businesses to import and export goods with a priority for e-commerce. To achieve this goal, the DFTZ will help businesses including SMEs expedite the transportation of goods regionally. For Phase 1, the DFTZ will set aside a section of the Kuala Lumpur International Airport (KLIA) Aeropolis for storage space and logistics facilities. This will then expand to other sites in subsequent phases. During his keynote speech at the DFTZ launch, Alibaba Group Chairman and Founder Jack Ma commented, “I am impressed with Malaysia’s vision and speed. DFTZ and eWTP would help small businesses and individual eCommerce players benefit from global trade. Today we are witnessing that in Asia, small businesses can use digital ways to enable themselves to sell things, to buy things, to bridge moneys all across the world. Alibaba commits that we will make this thing - the first DFTZ, the first eWTP - very successful! This is not only an opportunity for Malaysia small businesses. This hub is a hope and opportunity for Asia’s young people and small businesses. It is the opportunity for Asia.” Giving businesses access to the international market will result in a growing trend of orders and trades fueled by businesses not being confined to specific locations and time zones. The Prime Minister also highlighted that the DFTZ will create 60,000 new jobs and boost exports by SMEs to US$38 billion (MYR160 billion) by 2025. The DFTZ is also expected to generate a huge amount of online transactions of orders, trade movements, payments, and more, coming in and going out of the country and region, hence the need for the platform to be powered by Big Data technologies. Dato’ Seri Ivan Teh, Fusionex Group CEO, says: “The DFTZ is a first of its kind digital hub that brings together a multitude of key parties including trade facilitation players, e-marketplace players, government agencies, logistics providers, freight forwarders, and of course, SMEs. The state-of-the-art e-Services platform is powered by, amongst others, Big Data technologies and Machine Learning that will facilitate trade and allow transactions to take place faster, more cost effectively, more reliably and more efficiently. This visionary initiative by the Malaysian government and Alibaba will pave the way to a seamless digital trade platform that will help remove unnecessary barriers, reduce costs and minimize or avoid unnecessary delays and encumbrances. We are delighted that Fusionex’s platform will power this initiative. At Fusionex, we believe this marks the beginning of a revolutionary way to perform trade regionally and globally, at speed and at scale.” About Fusionex Fusionex is an established multi-award winning data technology provider specializing in Analytics, Big Data, Machine Learning and Artificial Intelligence (AI). Its offerings are focused on helping clients unlock the value and derive insights from data. Fusionex is the largest Big Data Analytics company and market leader in ASEAN, bringing state-of-the-art, innovative and breakthrough data-driven solutions to its stable of clientele (including Fortune 500, FTSE companies, large conglomerates as well as a wide array of small and medium enterprises (SMEs) that spans across the United States, Europe as well as Asia Pacific. Fusionex has recently entered into a strategic partnership with Alibaba Cloud to drive digital transformation across the region. To learn more about Fusionex, visit www.fusionex-international.com Contacts PiPR Consultancy Visithra Manikam, 03-77241719/ 0122661679 [email protected] www.pipr.com.my Source: Fusionex SAN DIEGO, Nov 8 (Bernama-GLOBE NEWSWIRE) -- Invivoscribe® Technologies Inc., a global company with decades of experience providing clonality and biomarker test solutions for the fields of oncology and personalized molecular medicine®, announces the release of the Research Use Only (RUO) version of its LymphoTrack® TRB Assay for the Illumina MiSeq® platform. Included with the assay is specialized bioinformatics software that allows researchers and pharmaceutical companies conducting clinical trials, to identify and track clonal populations by performing minimal residual disease (MRD) testing of subsequent samples.
Tests that detect TRB clonal rearrangements are useful in the study of T-cell malignancies as leukemias and lymphomas generally share one or more cell-specific or “clonal” antigen receptor gene rearrangement(s). The LymphoTrack® TRB Assay on MiSeq® identifies clonal TRB (VDJ) rearrangements, the associated VDJ region DNA sequences, and provides the frequency distribution of V, D, and J, region segment utilization using the included LymphoTrack® bioinformatics software. This assay will increase the probability of identifying T cell receptor beta chain gene rearrangements versus when testing for TRG gene rearrangements only. The LymphoTrack® TRB Assay completes the comprehensive menu of Invivoscribe LymphoTrack® Clonality Assays which enable rapid clonal rearrangement identification with the unparalleled accuracy and sensitivity of next generation sequencing (NGS). The LymphoTrack® product line allows customers to simultaneously run any combination of assays, thus significantly reducing both cost and time to results. The kit includes LymphoTrack® MiSeq® software which automates the sorting and individual tracking of each sample and IGH, IGK, TRG and TRB target, interprets sequence data, and generates succinct, yet comprehensive reports for each sample and each target. The LymphoTrack® MRD software enables temporal tracking of clonal populations, and has demonstrated potential to improve subject monitoring in clinical trial and research settings. Both the LymphoTrack® MiSeq® and MRD software programs facilitate international standardization and objective interpretation for clonality and MRD testing. Invivoscribe will also seek CE IVD marking of a LymphoTrack® TRB Assay for sale of kits to laboratories outside North America, and 510(k) clearance in the United States. We have already started this process for our menu of LymphoTrack® Clonality Assays. About Invivoscribe Invivoscribe® Technologies Inc. is a privately held biotechnology company dedicated to improving the quality of healthcare worldwide by providing high quality, reliable, cutting-edge reagents, tests, and bioinformatics tools to advance the fields of personalized molecular diagnostics® and personalized molecular medicine®. Invivoscribe provides PCR and NGS-based reagents and bioinformatics software designed and manufactured in an ISO 13485 accredited facility registered with the FDA; RUO test kits; CE-marked IVDs, including IdentiClone® and LymphoTrack® Dx Assays with both LymphoTrack® and LymphoTrack® Dx Software; for clonality, MRD, and somatic hypermutation testing. Invivoscribe’s clinical laboratories also offer comprehensive MyAML®, MyHeme®, MyMRD®, and custom gene panels, that when used in combination with Invivoscribe’s proprietary MyInformatics® Software can identify and track primary driver mutations as well as the subclonal architecture and emergence of new driver mutations in patients with hematologic disease. Invivoscribe's clinical laboratories in the USA, Europe, and Japan provide international access to harmonized CLIA, CAP, and ISO 15189 accredited clinical testing and contract research organization (CRO) services. Invivoscribe’s tests, reagents and bioinformatics tools are currently being used in more than 700 clinical and research laboratories in more than 102 countries. Invivoscribe also has proven expertise in development and commercialization of companion diagnostics. As a global leader, Invivoscribe has long embraced the value of quality systems and develops all IVD products, including bioinformatics software in compliance with ISO 13485 design controls, making them eligible to be submitted to worldwide regulatory authorities for registration. For additional information please visit www.invivoscribe.com. CONTACT: Kevin Dobyns 858-224-6600 SOURCE : Invivoscribe, Inc. KULPSVILLE, Pa., Nov 8 (Bernama-BUSINESS WIRE) -- Greene, Tweed & Co. received an innovation award from a global oil and gas company in recognition for its dedicated support and commitment to success in the development of their client’s critical corporate initiative.
Greene, Tweed’s engineering and design team collaborated with their customer’s engineers to develop a custom solution consisting of Chemraz® 566 assemblies with Arlon® 3000 XT backups for a coupler interface seal. Greene, Tweed selected Chemraz® 566 for its proven performance in the low-temperature subsea environment, and Arlon® 3000 XT because of its excellent shear strength, extrusion resistance, and tensile strength at high pressure, which allowed for a compact seal design. The pairing of Greene, Tweed’s proprietary materials, Arlon® 3000 XT and Chemraz® 566, was key in meeting the critical application requirements set forth by this global provider of oilfield products, systems, and services, including the use of ISO 23936-2 qualified seal component materials for rapid gas decompression and fluid aging. In addition, the design needed to pass API 6A PR2 testing and multiple rigorous internal tests specified by the global oil and gas company. Robert Richter, commercial lead for the project, said, “By combining Greene, Tweed’s unique expertise in materials and design, we were able to provide our client with a custom solution that met their needs. Receiving this award is a great honor and a recognition of Greene, Tweed’s commitment to our customers to provide custom engineered solutions for challenging applications.” This collaboration demonstrates how Greene, Tweed utilizes its expertise in materials development and engineering to design custom solutions that enable high-performance applications. “The collaboration and communication between the Greene, Tweed and client teams was very open and resulted in an effective design being developed very quickly,” said Snow Phan, a Greene, Tweed mechanical designer. “This close partnership directly contributed to a successful, on-time completion of this critical project for our customer.” Read more in our case study here. About Greene, Tweed Greene, Tweed is a leading global manufacturer of high performance seals and engineered components. Combining more than a century of technical expertise and commercial knowledge in a variety of markets, Greene, Tweed collaborates with customers to develop engineered solutions that meet challenging performance requirements and reduce total cost of ownership. Greene, Tweed products are sold and distributed worldwide. For additional information, contact Greene, Tweed at +1.215.256.9521. Contacts Greene, Tweed Chris Aldred Corporate Marketing +1-267-932-5389 [email protected] Source: Greene, Tweed & Co. |
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