North Carolina Business

Garmin® introduces the revolutionary GFC 600H helicopter flight control system

22 02 2018

OLATHE, Kan.--(BUSINESS WIRE)--Garmin International, Inc. a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the GFC™ 600H flight control system for helicopter owners and operators – a breakthrough in cost-effective technology that reduces pilot workload and improves mission effectiveness. This attitude-based (AHRS-derived) flight control system boasts a number of helicopter-tailored safety features, including stability augmentation system (SAS), Garmin Helicopter Electronic Stability and Protection (H-ESP™), dedicated return-to-level (LVL) mode, hover assist, as well as overspeed and low speed protection. The GFC 600H can operate as a full-featured standalone flight control system, but also offers integration with compatible flight displays, including the Garmin G500H and G500H TXi flight displays, instruments and navigation sources. “Garmin designed the GFC 600H to significantly reduce inflight workload, fatigue and stress levels for helicopter pilots who are often faced...

Auxis Recognized within the 2018 Top 100 Global Outsourcing Providers by IAOP for 3rd Year in a Row

22 02 2018

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Auxis, a leading Business Operations and IT outsourcing firm, is pleased to announce that it has been re-selected by IAOP as one of the world’s top 100 outsourcing providers for 2018. This is the third year in a row that the early pioneer in the nearshore outsourcing industry has been recognized by the esteemed association. "We are thrilled to be recognized one more time alongside other leaders in the industry," said Raul Vega, Auxis CEO. Auxis’ outsourcing division has been growing exponentially within the last 3 years. Part of its growth has been driven by the increased demand of Global and North American organizations looking for an innovative, high-performance nearshore solution closer to the U.S. “Progressively, organizations are expecting much more than cost savings from their outsourcing partner,” said Vega. “They expect us to bring innovation faster and more cost-effectively than they can do internally, and this is definitely...

Mycronic to introduce a new high-capacity, small-footprint storage system at APEX 2018

22 02 2018

Thu, Feb 22, 2018 13:00 CET Täby, 22 February, 2018 – Mycronic AB (publ) will launch its new high-capacity SMD Tower 8000 storage system at IPC APEX EXPO 2018 in San Diego (Booth 3511, Feb. 27 – March 1). The new system, which builds on the success of its current 615 series, is a compact, near-production storage solution that’s been raised to 3-meters in height but takes up just 1.5-square meters of space. As a result, it allows a 17% increase in reel capacity (1,148 reels), compared to previous SMD towers. The vendor-neutral system represents the most compact and flexible solution available on the market. Reduced bottlenecks in material flow “Ever since launching our first SMD Tower, we’ve seen an explosion of interest among assemblers in finding ways to eliminate unnecessary material movement and work-loading tasks in their factories,” says Robert Göthner, VP SMT, Assembly Solutions at Mycronic. “The high interest comes from all types of manufacturers, from high volume...

Complement to press release published on February 22, 2018 at 08.30 a.m. CET

22 02 2018

Thu, Feb 22, 2018 13:00 CET Press release complemented with information for the fourth quarter 2017. Year-end Report Cinnober Financial Technology AB (publ) October 1, 2017 – December 31, 2017 Net sales amounted to SEK 85.7 million (98.4). The proportion of recurring revenue* amounted to 75.9 percent (66.7) of net sales. EBITDA was negative in the amount of SEK 42.8 million (positive 9.7). The operating loss amounted to SEK 43.6 million (profit 9.1). The loss before tax amounted to SEK 44.0 million (profit 8.3). Earnings per share before dilution were negative in the amount of SEK 1.97 (positive 0.30). Growth initiatives had a negative impact of SEK 46.6 million on EBITDA. January 1, 2017 – December 31, 2017 Net sales amounted to SEK 348.6 million (330.9). The proportion of recurring revenue* amounted to 72.7 percent (66.8) of net sales. EBITDA was negative in the amount of SEK 90.7 million (positive 11.8). The operating loss amounted to SEK 93.4 million (profit 9.5). The loss before...

Nexum, Inc. Recognized for Excellence in Managed IT Services

22 02 2018

We understand every client’s need to ensure the security of systems, networks and infrastructure, round-the-clock and in real time, CHICAGO February 22, 2018 CRN®, a brand of The Channel Company, has named Nexum® to its 2018 Managed Service Provider (MSP) 500 list in the Security 100 category. This annual list recognizes North American solution providers with cutting-edge approaches to delivering managed services. Their offerings help companies navigate the complex and ever-changing landscape of IT, improve operational efficiencies, and maximize their return on IT investments. In today’s fast-paced business environments, MSPs play an important role in helping companies leverage new technologies without straining their budgets or losing focus on their core business. CRN’s MSP 500 list shines a light on the most forward-thinking and innovative of these key organizations. The list is divided into three categories: the MSP Pioneer 250, recognizing companies with business models...

NewAir to Attend 2018 International Home + Housewares Show

22 02 2018

"The International Home + Housewares Show is one of the biggest shows of the year for manufacturers and buyers to connect," said Jordan Tanner, Director of Sales & Product Sourcing at NewAir. "We’re really excited to show off our best compact appliances and to help buyers to discover new products." CYPRESS, Calif. February 22, 2018 NewAir Appliances announces its booth (Lakeside Booth #12658) at the 2018 International Home + Housewares Show in Chicago this spring. The show is sponsored by the International Housewares Association and takes place at McCormick Place from March 10 through March 13. "The International Home + Housewares Show is one of the biggest shows of the year for manufacturers and buyers to connect," said Jordan Tanner, Director of Sales & Product Sourcing at NewAir. "We’re really excited to show off our best compact appliances and to help buyers to discover new products." NewAir will be one of 2,000 exhibitors on hand to demonstrate the latest solutions...

IDACORP, Inc. Announces Fourth Quarter and Year-End 2017 Results, Initiates 2018 Earnings Guidance

22 02 2018

BOISE, Idaho, Feb. 22, 2018 -- IDACORP, Inc. (NYSE: IDA) recorded fourth quarter 2017 net income attributable to IDACORP of $38.9 million, or $0.77 per diluted share, compared with $33.2 million, or $0.66 per diluted share, in the fourth quarter of 2016. IDACORP reported 2017 net income attributable to IDACORP of $212.4 million, or $4.21 per diluted share, compared with $198.3 million, or $3.94 per diluted share, in 2016. Idaho Power Company, IDACORP's principal operating subsidiary, reported fourth quarter 2017 net income of $37.2 million, compared with $28.9 million for the same period in 2016, and 2017 net income of $206.3 million, compared with $189.2 million in 2016. "Many factors contributed to IDACORP's tenth consecutive year of earnings growth," said IDACORP President and CEO Darrel Anderson. "Strong economic activity in our region, productive regulatory outcomes, and continued prudent oversight of our operating expenses helped lift our operating income." IDACORP...

Protein Ingredients Market Worth $48.77 Billion by 2025 | CAGR: 7.4%: Grand View Research, Inc.

22 02 2018

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Morning Technical Insight on These Packaging & Containers Stocks -- Graphic Packaging, International Paper, Owens-Illinois, and Packaging Corp. of America

22 02 2018

NEW YORK, Feb. 22, 2018 -- WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on GPK, IP, OI, and PKG which can be accessed for free by signing up to www.wallstequities.com/registration. Focus is shifted on the Packaging and Containers industry, which encapsulates any business related to the manufacturing of containers or packaging services. Some businesses that fall under this sector are pure plays that either provide packaging services or build containers, but some conduct business with a mix of both container manufacturing and packaging services. Today, WallStEquities.com observes the recent performance of Graphic Packaging Holding Co. (NYSE: GPK), International Paper Co. (NYSE: IP), Owens-Illinois Inc. (NYSE: OI), and Packaging Corp. of America (NYSE: PKG). All you have to do is sign up today for this free limited time offer by clicking the link below.  www.wallstequities.com/registration Graphic Packaging...

Tinyclues Closes $18 Million Investment Round for International Growth

22 02 2018

PARIS & LONDON & NEW YORK--(BUSINESS WIRE)--Tinyclues, provider of a leading AI-first marketing campaign intelligence solution, today announced the closing of a USD 18 million Series B investment. Lead investor in the round was the EQT Ventures fund (“EQT Ventures”), with participation from existing investors, Alven, Elaia Partners and ISAI. The Tinyclues solution uses a unique Deep AI technology that captures the latent business and customer insights contained in first-party data. It then predicts the future buyers for any product or service campaign with incredible accuracy, allowing brands to present highly relevant product offers to highly qualified audiences. Using Tinyclues to reinvent the way they create, target and orchestrate campaigns, Tinyclues customers have secured an outstanding +49% average increase in campaign revenue, in addition to a significant improvement in customer experience. Backed by EQT Ventures, Tinyclues will further accelerate its already impressive...

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