Companies news of 2017-01-10 (page 1)

  • TransDigm Announces Potential Refinancing of a Portion of Its Senior Secured Term Loans
  • Klipsch and Capitol Partner for AnniversariesCelebrating over 70 years of music
  • QinetiQ North America Partners with Persistent Systems to Integrate MPU5 Radios into...
  • ManpowerGroup Solutions' Managed Service Provider Named a Leader in Everest Group's MSP...
  • ArcBest Unveils Redesigned Website- New arcb.com offers enhanced customer tools and...
  • Klipsch Audio at International CES 2017Legendary sound intersects smart design
  • Javier Ceriani joins the cast of "Esta Noche Si" on MegaTVWeekdays at 9:00pm (est), 8:00pm...
  • Jamo at International CES 2017Design and performance integrated
  • Travelport Worldwide Limited Confirms Date and Time for Fourth Quarter 2016 Earnings...
  • Novanta Increases Ownership in Laser Quantum to over 75 Percent
  • InWith Corp. to Build "InLens 1.0" Mobile Contact Lenses Using Patented EPGL Technology
  • Klipsch and Capitol Partner for AnniversariesCelebrating over 70 years of music
  • OpenText to Report Second Quarter Fiscal Year 2017 Financial Results on Thursday, February...
  • MagnaChip Semiconductor Pre-Announces Preliminary Fourth Quarter 2016 Financial Results
  • Klipsch Audio at International CES 2017Legendary sound intersects smart design
  • MagnaChip Announces Proposed $65 Million Private Offering of Exchangeable Senior Notes and...
  • Jamo at International CES 2017Design and performance integrated
  • Synopsys Extends Software Integrity Platform with Acquisition of ForcheckAcquisition Adds...
  • Intersections Inc. Board Names Johan Roets as Next CEO
  • EXFO Reports First-Quarter Results for Fiscal 2017
  • For the second time, Samsung and LG found guilty of unlawful trade practices that hurt...
  • Vantiv Integrated Payments Selected as 2017 Best Channel Vendor for the 9th Consecutive...
  • TE Connectivity named a Top 100 Global Innovator for sixth consecutive yearClarivate...
  • Launch Of World's First Wearable, Non-Invasive, Continuous, Blood Glucose Estimation...
  • Standard Missile-6 approved for international salesMulti-role missile protects against...
  • Student-athletes, university sport conferences and Bell Let's Talk team up to grow the...
  • Southwest Airlines Wins 2016 FICO Decision Management Innovation Award for Real-Time...
  • Postal Savings Bank of China Teams with IBM to Build Blockchain-Based Asset Custody System
  • Spare5 is Now Mighty AI, Relaunches with $14M in New Funding and New Agreements with Intel...



    TransDigm Announces Potential Refinancing of a Portion of Its Senior Secured Term Loans

    CLEVELAND, Jan. 10, 2017 /PRNewswire/ -- TransDigm Group Incorporated today announced a potential refinancing of a portion of its senior secured term loans to modestly reduce interest expense and extend maturities. In connection with the refinancing, TransDigm will make a presentation to its lenders on Wednesday, January 11, 2017. Additional information will be available via Credit Suisse Securities (USA) LLC.

    About TransDigm

    TransDigm Group Incorporated, through its wholly-owned subsidiaries, is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today. Major product offerings, substantially all of which are ultimately provided to end-users in the aerospace industry, include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, NiCad batteries and chargers, engineered latching and locking devices, rods and locking devices, engineered connectors and elastomers, databus and power controls, cockpit security components and systems, specialized cockpit displays, aircraft audio systems, specialized lavatory components, seatbelts and safety restraints, engineered interior surfaces and related components, lighting and control technology, military personnel parachutes, high performance hoists, winches and lifting devices, and cargo loading, handling and delivery systems.

    Contact:
    Liza Sabol
    Investor Relations
    (216) 706-2945
    ir@transdigm.com

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/transdigm-announces-potential-refinancing-of-a-portion-of-its-senior-secured-term-loans-300388933.html

    TransDigm Group Incorporated

    Web site: http://www.transdigm.com/




    Klipsch and Capitol Partner for AnniversariesCelebrating over 70 years of music

    INDIANAPOLIS, Jan. 10, 2017 /PRNewswire/ -- Klipsch((R)), a tech-driven audio company, announced today an anniversary partnership with Capitol Records, one of the world's preeminent record companies and the first label established on the West Coast. Klipsch is celebrating 70 years of bringing the power, detail and emotion of the live music experience into homes as Capitol Records celebrates 75 years of extraordinary music luminaries past and present.

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    "Klipsch and Capitol Records, both celebrating over seven decades, is a natural partnership of two iconic brands and pays tribute to the important role music plays in our lives," said Paul Jacobs, president and CEO of Klipsch. "Music is timeless and unites people across cultures. Our global brands are committed to the enduring power of music and the emotion it evokes. We look forward to continuing our heritage and legacy around this great art form."

    The partnership includes special edition co-branded Klipsch and Capitol Records Heritage Wireless products which feature mid-century modern design, legendary Klipsch sound and the latest technology. The Capitol One, the Capitol Three and the Capitol Heresy speakers will be available through select retailers beginning in 2017 and include a special edition cobranded anniversary logo and select materials.

    Capitol Records year-long 75(th) anniversary celebration includes extensive projects that pay tribute to Capitol artists spanning the past eight decades and shine a spotlight on their historic contributions to music and popular culture. Part of the celebration includes The Capitol Records 75(th) Anniversary Collection which features albums, selected based on different eras and musical genres, best sellers, influential works and lesser known gems.

    The Capitol One, designed to be a semi-portable tabletop speaker, is a 2.1 stereo system featuring Bluetooth(R) wireless technology and analog audio input connections. The product is biamplified and professionally tuned by Klipsch engineers for superior sound. The One features two 2 1/4" full range drivers and a 4.5" woofer to deliver a crystal clear acoustic performance with great bass. The One comes with an 8-hour rechargeable battery and is available in two species of real wood veneer, walnut or ebony.

    The Capitol Three, a slightly larger sized stereo tabletop system, features two 2 1/4" full range drivers, a 5 1/4" long-throw woofer and dual opposed 5 1/4" passive radiators to deliver enhanced bass and includes a 192kHz / 24-bit digital to analog converter for audiophile resolution. Part of the Klipsch Stream Wireless Multi-Room Audio system (featuring DTS(R) Play-Fi(TM) technology), The Three can receive audio input from Wi-Fi, Bluetooth(R) wireless technology, Analog (3.5 mm miniplug and RCA), phono pre-amp, and USB Type B audio. The Klipsch Stream app, available for iPhone(R) and Android(TM), allows consumers to control the system's operations from their phones to enjoy popular music services, internet radio and their personal listening libraries. The Three is available in walnut or ebony.

    The Capitol Heresy, handmade in Hope, Arkansas, with custom anniversary finishes, delivers smooth, dynamic and low distortion sound. The Heresy, first introduced in 1957, started out as a compact center channel speaker to accompany the Klipschorn(R) in three-speaker stereo arrays. Today, the new Heresy has a more powerful woofer, a bi-wire network, and a titanium diaphragm tweeter with a larger magnet assembly.

    About Klipsch Audio
    In 1946 Paul W. Klipsch, inventor, acoustics pioneer and maverick, founded Klipsch Audio with the sole purpose of bringing the power, detail and emotion of the live music experience into his living room. Through the use of highly efficient speaker designs, handcrafted cabinetry and a thirst for real engineering breakthroughs - Klipsch, the great American loudspeaker company, was born in Hope, AR. Today, our diverse range of quality audio products includes speakers and headphones for almost any consumer and professional application - including cinema, whole-house, wireless, home theater and portable offerings. Honoring our founder's legacy, Klipsch continues to be the legendary high-performance brand of choice for audiophiles and aficionados around the world. We are the Keepers of the Sound(R). Klipsch Group, Inc. is a VOXX International Company . For more information, visit Klipsch.com.

    About DTS, Inc.
    Since 1993, DTS, Inc., a wholly owned subsidiary of Tessera Holding Corporation, has been dedicated to making the world sound better. Through its pioneering audio solutions for mobile devices, home theater systems, cinema, automotive and beyond, DTS provides incredibly high-quality, immersive and engaging audio experiences to listeners everywhere. DTS technology is integrated in more than two billion devices globally, and the world's leading video and music streaming services are increasingly choosing DTS to deliver premium sound to their listeners' network-connected devices. For more information, please visit www.dts.com.

    The Bluetooth word mark and logos are registered trademarks owned by Bluetooth sig LLC and any use of such marks by Klipsch Group Inc. is under license. DTS and Play-Fi are registered trademarks of DTS, Inc.

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    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/klipsch-and-capitol-partner-for-anniversaries-300388870.html

    Photo: https://mma.prnewswire.com/media/455970/Klipsch_Logo.jpg
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    http://mma.prnewswire.com/media/456176/Klipsch_Capitol_Logo.jpg Klipsch

    CONTACT: Allison Eckstein, Klipsch Group, Inc., (317) 860-8426,
    allison.eckstein@klipsch.com

    Web site: http://www.klipsch.com/




    QinetiQ North America Partners with Persistent Systems to Integrate MPU5 Radios into Family of Unmanned Ground Robots

    WALTHAM, Mass., Jan. 10, 2017 /PRNewswire/ -- QinetiQ North America (QNA), a subsidiary of QinetiQ Group which delivers world-class technology and revolutionary products to defense, security and commercial markets worldwide, and Persistent Systems, LLC (Persistent), the leader in Mobile Ad hoc Network (MANET) Technology and developers of the Wave Relay(R) system, today announced a long-term agreement to offer for integration Persistent's MANET radio products into QNA's TALON(R) and Dragon Runner(R) ground robots. The MANET relay radio can connect QNA's ground robot family with a reliable, high throughput, and long range MANET communication system that is self-forming, self-healing, and scalable.

    QNA tactical robots equipped with Wave Relay(R) provide:

    --  Increased operational range and throughput in urban and subterranean
    environments
    --  Multiple Real-time HD video feeds to the operator from all robots within
    the MANET
    --  The ability for a tactical team wearing MPU5 radio systems to receive
    video and sensor data from the UGV in real time, increasing situational
    awareness and operational effectiveness.
    

    "QinetiQ North America has a long history of delivering the most cutting edge systems, sensors, and capabilities on our family of ground robots. Persistent's MANET relay radio products can significantly increase the communication range enabling the robot operator to perform dangerous missions at much greater distances. At the end of the day, everything we do is about keeping our soldiers safe," said Jeff Yorsz, President of QinetiQ North America.

    Dr. Herbert Rubens, CEO of Persistent Systems, offered a similar perspective. "Our agreement with QinetiQ North America brings us closer to achieving our vision of a fully networked battlefield. The Wave Relay(R) MANET also lays the groundwork for autonomous and collaborative behaviors that will dominate the battlefield of the future. We are excited to work with QNA to deliver the most cutting edge technology to the warfighter."

    QNA has begun accepting orders for MPU5-equipped Talon V systems.

    About QinetiQ North America
    QinetiQ North America (QNA) is a subsidiary of QinetiQ Group plc, the FTSE250 company listed on the London Stock Exchange . QNA delivers world-class technology and revolutionary products to defense, security and commercial markets worldwide. The Company's product offerings include survivability, unmanned systems, power sensors, control systems and transportation solutions. Customers rely on our products to increase readiness, improve mission effectiveness, streamline operations, increase situational awareness and enhance security. QNA is headquartered in Waltham, Massachusetts. For more information visit www.qinetiq-na.com.

    About QinetiQ
    Listed on the London Stock Exchange , QinetiQ is a leading science and engineering company operating primarily in the defence, security and aerospace markets. Its customers are predominantly government organisations including defence departments, as well as international customers in other targeted sectors.

    About Persistent Systems, LLC
    Headquartered in New York City since 2007, Persistent Systems, LLC is a global communications technology company which develops, manufactures, and integrates a patented and secure Mobile Ad Hoc Networking (MANET) system: Wave Relay(R). The company's industry leading R&D team has designed wireless networking protocols to support their cutting edge Wave Relay(R) system and technology. Wave Relay(R) is capable of running data, video, voice and other applications under the most difficult and unpredictable conditions. Their suite of products is field proven and utilized in Commercial, Military, Government, Industrial, Agriculture, Robotics, and Unmanned System markets. For more information visit http://www.persistentsystems.com. Follow Persistent Systems on Twitter to get updates on the latest developments @pswaverelay.

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/qinetiq-north-america-partners-with-persistent-systems-to-integrate-mpu5-radios-into-family-of-unmanned-ground-robots-300389019.html

    Photo: http://mma.prnewswire.com/media/455962/QNA_TALON_tactical_robot.jpg QinetiQ North America

    CONTACT: Julie Collura, 781-250-9618, Julie.Collura@QinetiQ-NA.com; Kayla
    Lively, 212-561-5895, klively@persistentsystems.com

    Web site: http://www.qinetiq-na.com/




    ManpowerGroup Solutions' Managed Service Provider Named a Leader in Everest Group's MSP PEAK Matrix(TM) Assessment for Third Consecutive YearTAPFIN cited as one of few providers able to offer total talent management solutions to clients

    MILWAUKEE, Jan. 10, 2017 /PRNewswire/ -- TAPFIN, ManpowerGroup Solutions' managed service provider (MSP), has once again been named a Leader among MSP service providers in Everest Group's MSP - Service Provider Landscape with PEAK Matrix((TM)) Assessment 2016. TAPFIN's strong ranking across seven evaluation categories has secured its place as a clear industry leader for the third year in a row.

    "As one of the largest MSP providers, TAPFIN's flexibility, strong understanding of business models and willingness to explore new opportunities were cited as key strengths in this year's report," said Arkadev Basak, RPO Research Practice Director, Everest Group. "With expertise in all aspects of talent management, TAPFIN is one of the few providers that can offer total talent management solutions to clients."

    The PEAK Matrix is Everest Group's proprietary approach to assessing the market success and overall delivery capability of MSP providers. Providers are evaluated on seven categories, including scale, scope, technology solution & innovation, delivery footprint, buyer satisfaction, market success and overall. TAPFIN received "high" to "very high" rating in six of the seven categories, earning a strong placement on the matrix among the top quartile providers, designated as "Leaders" by Everest Group.

    "Employers look to us to create an integrated talent strategy to lower their risk and realize untapped value across their total talent investment. This accolade is a welcome testament to the great work our people deliver consistently around the world," said Jamiel Saliba, Vice President and General Manager, TAPFIN Global. "We're seeing more and more organizations recognize the need to break the silos between HR and procurement to optimize a blended workforce and adopt a total talent management approach. We're pleased to once again be named a Leader by Everest Group."

    For more information about Everest Group's report, MSP - Service Provider Landscape with PEAK Matrix(TM) Assessment 2016, click here.

    About ManpowerGroup Solutions
    ManpowerGroup Solutions provides clients with outsourcing services related to human resources functions, primarily in the areas of large-scale recruiting and workforce-intensive initiatives that are outcome-based, thereby sharing in the risk and reward with our clients. Our solutions offerings include Talent Based Outsourcing, Managed Service Programs, Borderless Talent Solutions, Language Services and Recruitment Process Outsourcing, where we are one of the largest providers of permanent and contingent recruitment in the world. ManpowerGroup Solutions is part of the ManpowerGroup family of companies, which also includes Manpower, Experis, and Right Management. More information about ManpowerGroup Solutions is available at www.manpowergroupsolutions.com.

    About ManpowerGroup
    ManpowerGroup(R) is the world's workforce expert, creating innovative workforce solutions for nearly 70 years. We connect more than 600,000 people to meaningful work across a wide range of skills and industries every day. Through our ManpowerGroup family of brands - Manpower(R), Experis(R), Right Management(R) and ManpowerGroup(R) Solutions - we help more than 400,000 clients in 80 countries and territories address their critical talent needs, providing comprehensive solutions to resource, manage and develop talent. In 2016, ManpowerGroup was named one of the World's Most Ethical Companies for the sixth consecutive year and one of Fortune's Most Admired Companies, confirming our position as the most trusted and admired brand in the industry. See how ManpowerGroup makes powering the world of work humanly possible: www.manpowergroup.com.

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/manpowergroup-solutions-managed-service-provider-named-a-leader-in-everest-groups-msp-peak-matrix-assessment-for-third-consecutive-year-300389001.html

    Photo: http://mma.prnewswire.com/media/456128/High_Res_PEAK_Manpower_Group.jpg
    http://mma.prnewswire.com/media/182971/manpowergroup_solutions_logo.jpg ManpowerGroup

    CONTACT: Chelsey Orlikowski, 414.906.7320,
    chelsey.orlikowski@manpowergroup.com

    Web site: http://www.manpowergroup.com/




    ArcBest Unveils Redesigned Website- New arcb.com offers enhanced customer tools and improved reporting capabilities for better insight and a streamlined user experience

    FORT SMITH, Ark., Jan. 10, 2017 /PRNewswire/ -- ArcBest(SM) today announces the launch of its redesigned website, www.arcb.com.

    The new website features comprehensive transportation and logistics solutions and a streamlined interface for all customer tools, including shipment tracking, calculators, reporting and document retrieval. For a seamless transition, the new site incorporates ABF Freight((R)) tools and information customers previously accessed at abf.com, in addition to Panther Premium Logistics((R)) and other logistics web functionality through the same interface.

    "We are excited to present ArcBest as a multi-faceted logistics provider with guaranteed capacity options to better serve our customers," said Judy R. McReynolds, ArcBest chairman, president and chief executive officer. "We are focused on providing the best customer experience possible, and an easy-to-navigate and attractive website is an important part of that experience."

    The new website offers more quoting options, improved shipment visibility and simplified reporting to give users better insight that helps them develop a more streamlined supply chain. The site also features a responsive, mobile-friendly design that adapts to any device -- desktop, tablet or smartphone -- making it easier for the user to do business with ArcBest.

    ArcBest has significantly expanded its total service offerings to include both asset-based and asset-light solutions to meet any customer need. ArcBest offers a full array of less-than-truckload services via the ABF Freight network, expedite shipping through Panther Premium Logistics, and additional logistics solutions including truckload, intermodal, ocean and air transportation, supply chain optimization, warehousing and distribution, managed transportation, and residential moving services.

    ABOUT ARCBEST

    ArcBest(SM) is a logistics company with creative problem solvers who have The Skill and the Will((R)) to deliver integrated logistics solutions. At ArcBest, We'll Find a Way to deliver knowledge, expertise and a can-do attitude with every shipment and supply chain solution, household move or vehicle repair. For more information, visit arcb.com.

    Media Contact: Kathy Fieweger
    Email: kfieweger@arcb.com
    Phone: 479-719-4358

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/arcbest-unveils-redesigned-website-300388731.html

    Photo: http://mma.prnewswire.com/media/455909/ArcBest_Corporation_Logo.jpg ArcBest Corporation

    Web site: http://www.arcb.com/




    Klipsch Audio at International CES 2017Legendary sound intersects smart design

    INDIANAPOLIS, Jan. 10, 2017 /PRNewswire/ -- Klipsch((R)), a tech driven audio company, continues its 70(th) anniversary celebration at CES((R)) 2017 by debuting its legendary sound in smartly designed products. Klipsch is focused on delivering innovative audio products consumers would be proud to have in their homes. This CES showcase will be one of the largest debuts of new products in Klipsch's history.

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    "The Klipsch showcase of products illustrates our commitment to incorporating luxury materials, such as real wood veneer and tactile spun copper switches and knobs, blended with the acoustics and the classic design legacy of Paul W. Klipsch," said Paul Jacobs, president and CEO of Klipsch Group.

    The Heritage Wireless collection is expanding and Klipsch will introduce two table top speakers and a pair of powered floorstanding speakers, named The Fifteens. "When designing The Fifteens, we took cues from the 1930's and the result is a pair of romantically nostalgic floorstanding speakers with a distinct wide baffle and large format sound," said Steve Jain, VP and general manager, Klipsch. "The Fifteens completely redefine the audiophile experience with a design nod to the past and the latest technology." Also on display in the Heritage Wireless collection, attendees will find The One, The Three and The Sixes. Visit Klipsch in the Las Vegas Convention Center's Central Hall, booth #13528 to see and hear the Heritage Wireless family members firsthand.

    The newest member to the Heritage family, the Forte III, also will be on display. Incorporating luxury materials such as real wood veneer and a lambswool grille, the Forte III blends the acoustics and classic design legacy of Paul W. Klipsch with the latest technologies available today. The floorstanding speakers provide clean, multi-dimensional sound and true, full-range performance with a narrow profile.

    Other must-see products include the new Heritage range of headphones consisting of multiple models with a top of the line product that incorporates Klipsch's first semi-open headphone design. "In a sea of plastic headphone options, Klipsch Heritage Headphones are crafted from machined metal, milled wood, and hand-selected full grain cow hide. Klipsch Heritage headphones deliver the style and legendary sound of Klipsch's 70 year legacy," said Steve Jain, VP and general manager, Klipsch.

    Making their CES debut, and designed with power, performance and simplicity in mind, the R-25PF powered floorstanding speakers cater to the way people access and listen to music, while maintaining the core Klipsch design and acoustic principles. The Klipsch R-25PF's were designed for simple set-up, directly to a turntable, television, computer or wireless device. Its integrated phono pre-amp, Bluetooth((R)) wireless technology, digital optical, analog RCA, and USB audio inputs, make it a versatile audio solution.

    Klipsch introduces new Reference subwoofers, controlled via the easy-to-use Klipsch LowControl((TM)) app for iPhone((R)) and Android. The app allows the user in-room tuning performance to fully customize the listening experience. Simple yet robust, the sub tuning is complete with volume, phase, high pass and EQ customization. The new Klipsch Reference subwoofers feature night, cinema and music listening modes for quick and easy adjustments while enjoying your favorite content.

    Expanding the Klipsch Stream Wireless Multi-Room ecosystem, Klipsch introduces the Powergate Max.The Powergate Max features real wood, a180W digital amplifier with 192kHz / 24-bit ESS DACs and is turntable ready, moving magnet and moving coil. The Klipsch Stream system features DTS Play-Fi((R)) technology for high resolution wireless multi-room streaming over a home Wi-Fi network. Check out all the Stream products at the Klipsch CES booth.

    For more information about Klipsch at CES, please visit the Klipsch booth in the Central Hall, #13528 or Klipsch.com/CES for product information and a digital press kit.

    About Klipsch Audio
    In 1946 Paul W. Klipsch, inventor, acoustics pioneer and maverick, founded Klipsch Audio with the sole purpose of bringing the power, detail and emotion of the live music experience into his living room. Through the use of highly efficient speaker designs, handcrafted cabinetry and a thirst for real engineering breakthroughs - Klipsch, the great American loudspeaker company, was born in Hope, AR. Today, our diverse range of quality audio products includes speakers and headphones for almost any consumer and professional application - including cinema, whole-house, wireless, home theater and portable offerings. Honoring our founder's legacy, Klipsch continues to be the legendary high-performance brand of choice for audiophiles and aficionados around the world. We are the Keepers of the Sound((R)). Klipsch Group, Inc. is a VOXX International Company . Klipsch is a trademark of Klipsch Group, Inc., registered in the U.S. and other countries. Reference, Demi, PowerGate and LowControl are Klipsch trademarks. For more information, visit Klipsch.com.

    About DTS, Inc.
    Since 1993, DTS, Inc., a wholly owned subsidiary of Tessera Holding Corporation, has been dedicated to making the world sound better. Through its pioneering audio solutions for mobile devices, home theater systems, cinema, automotive and beyond, DTS provides incredibly high-quality, immersive and engaging audio experiences to listeners everywhere. DTS technology is integrated in more than two billion devices globally, and the world's leading video and music streaming services are increasingly choosing DTS to deliver premium sound to their listeners' network-connected devices. For more information, please visit www.dts.com.

    The Bluetooth word mark and logos are registered trademarks owned by Bluetooth sig LLC and any use of such marks by Klipsch Group Inc. is under license. DTS and Play-Fi are registered trademarks of DTS, Inc. CES((R)) is a registered trademark of the Consumer Technology Association. iPhone is a trademark of Apple, Inc. Android is a trademark of Google, Inc.

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    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/klipsch-audio-at-international-ces-2017-300388868.html

    Photo: https://mma.prnewswire.com/media/455970/Klipsch_Logo.jpg
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    http://mma.prnewswire.com/media/456275/The_Fifteens_2.jpg Klipsch

    CONTACT: Allison Eckstein, Klipsch Group, Inc., (317) 860-8426,
    allison.eckstein@klipsch.com

    Web site: http://www.klipsch.com/




    Javier Ceriani joins the cast of "Esta Noche Si" on MegaTVWeekdays at 9:00pm (est), 8:00pm (cst), 7:00pm (mst) and 6:00pm (pst)

    MIAMI, Jan. 10, 2017 /PRNewswire/ -- The new year is filled with big surprises for "Esta Noche Si" on MegaTV. Spanish Broadcasting System, Inc. (SBS) announced today that controversial entertainment journalist Javier Ceriani will be joining the cast of "Esta Noche Si" on weekdays at 9:00 pm (EST), 8:00 pm (CT), 7:00 pm (MST) and 6:00 pm (PST). Since the beginning of this week Ceriani has taken part in the program, which is hosted by Lieter Ledesma.

    Ceriani's role in the MegaTV variety show will involve taking a closer look at political and entertainment news through his distinctly humorous and always entertaining lens. The addition of Ceriani to the program promises to bring zany, off-the-wall artist interviews, news exclusives with political personalities, and most importantly the utilization of social networks to get more millennials interested in the content presented.

    "I am ready to meet another challenge in my career. Any talent wishes they could have the freedom to develop creative content for themselves and my moment has arrived. I promise not disappoint in sharing my experiences, but I will add humor, glamor and guests to my segments on 'Esta Noche Si.' My segments will provide new, exciting concepts for viewers the diversity of the millennial audience in mind," said Javier Ceriani.

    "We are extremely proud to have Ceriani as a part of our programming. MegaTV is constantly evolving entertainment platforms for the entertainment of our audience, so the addition of Ceriani to 'Esta Noche Si' during this new season is key," commented Jose Perez, Vice President of Programming and Production, MegaTV.

    Be sure not to miss Javier Ceriani in "Esta Noche Si" alongside host Lieter Ledesma, weekdays at 9:00 pm (EST), 8:00 pm (CT), 7:00 pm (MST), 6:00 pm (PST) on MegaTV.

    Don't forget to check for behind-the-scenes and live content during the program, either on Facebook Live or Twitter @megatvlive using the hashtags #MegaTV #LaMegaSePega

    About Spanish Broadcasting System

    Spanish Broadcasting System, Inc. is a leading Hispanic media company that owns and operates 17 radio stations located in the top U.S. Hispanic markets of New York, Los Angeles, Miami, Chicago, San Francisco and Puerto Rico, airing the Spanish Tropical, Regional Mexican, Spanish Adult Contemporary, Top 40 and Latin Rhythmic format genres. SBS also operates AIRE Radio Networks, a national radio platform which creates, distributes and markets leading Spanish-language radio programming to over 100 affiliated stations reaching 93% of the U.S. Hispanic audience. SBS also owns MegaTV, a television operation with over-the-air, cable and satellite distribution and affiliates throughout the U.S. and Puerto Rico. SBS also produces live concerts and events and owns multiple bilingual websites, including www.LaMusica.com, an online destination and mobile app providing content related to Latin music, entertainment, news and culture. For more information, visit us online at www.spanishbroadcasting.com.

    MEDIA CONTACT FOR SBS:

    Vladimir Gomez

    Director of Communications & National Promotions

    vgomez@sbscorporate.com

    (786) 470-1644

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/javier-ceriani-joins-the-cast-of-esta-noche-si-on-megatv-300389064.html

    Spanish Broadcasting System, Inc. (SBS)

    Web site: http://www.spanishbroadcasting.com/




    Jamo at International CES 2017Design and performance integrated

    INDIANAPOLIS, Jan. 10, 2017 /PRNewswire/ -- Jamo((R)), a high-tech audio collaborative founded on Danish design principles and a Klipsch Group, Inc. brand, announces today an exceptional line-up of new and existing products on display at CES((R)) in Las Vegas. Jamo, architects of sound design for modern living, will feature design inspired, high performance products that seamlessly integrate into living spaces.

    http://mma.prnewswire.com/media/455965/Jamo_Logo.jpg

    "We are committed to making 2017 the year of Jamo and are dedicating research and development dollars to bring beautifully designed, high performance products to the market," said Paul Jacobs, president and CEO of Klipsch Group. "Jamo provides style and great sound to any home; well-crafted product designed for people's lives and living spaces."

    Featured at CES, the new Jamo Studio 8 series has been completely reimagined to live seamlessly in modern, premium environments. Contemporary material and finish choices, such as wood grain accents, matte polymer veneers, and magnetic woven linen grilles accentuate the clean, minimalist lines of this European design, while the compact cabinet designs are an ideal solution for urban living environments around the world. Jamo Studio 8 includes seamless Dolby Atmos((R)) integration for incredibly realistic, 3-dimensional sound without sacrificing aesthetics.

    Jamo enters the sound bar market with products that combine European design and immersive experiences for the ears. Featuring softgrey woven grill cloth, a minimalistic look and high-performance components, these sound bars deliver home entertainment needs in an appealing way. "Jamo sound bars are a beautiful way to get exceptional sound in a variety of settings, especially for a minimalist environment," said Steve Jain, VP and general manager of Jamo.

    The All-In-One sound bar has a built-in subwoofer, is 36" long, wrapped in soft textures and features Bluetooth(R) wireless technology, optical and analog inputs and is available in black or grey. The 40" sound bar and subwoofer includes HDMI, Bluetooth((R) )wireless technology, optical and analog inputs. The slim design is great for limited space, fits well with a minimalist interior and offers a better sound experience.

    Debuting at CES, the Jamo ATM 50 speaker adds immersive Dolby Atmos((R)) height effects to any existing home theater, atop floorstanding or bookshelf speakers for dynamic, 3-dimensional sound for music and movies. The ATM 50's designer aesthetic blends with any high-performance home theater system. The exclusive grille design provides built-in front stage occlusion for life-like, powerful overhead effects and the matte black polymer veneer finish fits into any high-end home theater system.

    The new Jamo Landscape and Outdoor System, debuting at CES, is energizing, powerful and available this spring. The Landscape series provides exciting, dynamic outdoor speakers in an all-new elevated design form. The JL-4 Landscape Satellites offer an ultra-compact design and integrate seamlessly into any landscape. All-weather construction offers maximum durability and impact resistance for great sound year in and year out. The series offers 8 ohm/70V compatibility for maximum system flexibility. The JL-10SW Subwoofer is compact and installs in-ground to easily integrate into landscape designs. The dual voice coil design allows for stereo, mono or 70v operation without a transformer, for maximum low frequency detail and output.

    The JDA-500 Jamo Amplifier is designed with the Jamo landscape system in mind to optimize performance as well as providing DSP presets for the entire Jamo speaker family. The Jamo Amplifier allows for maximum install flexibility and offers 70V/100V low impedance capability. The powerful DSP suite provides full customization of I/O routing, EQ, limiting and system tuning.

    Blending Danish inspired design with luxury materials and high performance digital amplifiers, the Jamo Powered Series is designed to provide great sound for every environment. With a wealth of connection and turntable ready options, the PM-9 powered monitors are as versatile as they are beautiful and offer Bluetooth((R)) wireless technology, optical, Digital, RCA, USB and phono pre-amp inputs. The PM-9 powered monitors are available in white, yellow, red or black. All Jamo powered solutions include wireless remotes for easy control of the system.

    For more information about Klipsch at CES, please visit the Jamo booth in the Central Hall, #13528 or www.Jamo.com/CES for product information and a digital press kit.

    About Jamo
    Since 1968, Jamo, a high-tech audio collaborative, has utilized resources from around the globe while honoring its Scandinavian design roots. Jamo innovative loudspeakers seamlessly adapt to fit any environment. Operating in more than 80 countries, Jamo, designed for life, delivers contemporary style while integrating high-tech audio, reflecting the different ways the world listens. Jamo is owned by Indianapolis, Indiana-based Klipsch Group, Inc. Klipsch Group, Inc., owner of the Jamo brand, is also a wholly-owned subsidiary of VOXX International Corporation . Jamo is a trademark of Klipsch Group, Inc., registered in the U.S. and other countries.

    Dolby Atmos is a registered trademark of Dolby Laboratories. The Bluetooth word mark and logos are registered trademarks owned by Bluetooth sig LLC and any use of such marks by Klipsch Group Inc. is under license. CES(R) is a registered trademark of the Consumer Technology Association. The terms HDMI and HDMI High-Definition Multimedia Interface, and the HDMI Logo are trademarks or registered trademarks of HDMI Licensing LLC in the United States and other countries.

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    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/jamo-at-international-ces-2017-300388871.html

    Photo: http://mma.prnewswire.com/media/455965/Jamo_Logo.jpg
    http://mma.prnewswire.com/media/456285/JAMOstudio8_7_CES2017.jpg
    http://mma.prnewswire.com/media/456286/JAMOstudio8_5_CES2017.jpg
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    http://mma.prnewswire.com/media/456293/JAMOstudio8_2.jpg Klipsch

    CONTACT: Allison Eckstein, Jamo, (317) 860-8426,
    allison.eckstein@klipsch.com




    Travelport Worldwide Limited Confirms Date and Time for Fourth Quarter 2016 Earnings Conference Call

    LANGLEY, U.K., Jan. 10, 2017 /PRNewswire/ -- Travelport Worldwide Limited confirmed today that it will host its fourth quarter 2016 earnings conference call at 9:00 a.m. (Eastern Time) on Tuesday, February 21, 2017. The Company's earnings results will be released prior to the market opening. The details of the conference call are as follows:

    Time: 9:00 a.m. (Eastern Time) Telephone Dial-in: To pre-register for the call, please click the following link and submit the required form: http://dpregister.com/ 10099498. Once successfully pre-registered, access details and an individual access code will be provided along with a calendar meeting invitation and reminder. Individuals may call in beginning at 8:45 a.m. (Eastern Time). Presentation: A copy of the earnings slides will be posted on the Investors section of Travelport's website shortly after the earnings announcement is issued that morning. Audiocast: As an alternative means of accessing the call, a live audiocast of the presentation and accompanying slides will also be available via the Investors section of Travelport's website at http://ir.travelport.com/. Please visit the site or click the following link to pre-register: https://www.webcaster4.com/Webcast/Page/1138/19267. Replay Information: Shortly after the end of the investor call, a replay of the audiocast will be made available on the Investors section of Travelport's website where it will remain available for one year.

    About Travelport (www.travelport.com)
    Travelport is a Travel Commerce Platform providing distribution, technology, payment, mobile and other solutions for the global travel and tourism industry. With a presence in approximately 180 countries, over 3,700 employees, and an additional 1,200 employees at IGT Solutions Private Ltd who provide us with application development services, our 2015 net revenue was over $2.2 billion.

    Travelport is comprised of:

    --  A Travel Commerce Platform through which it facilitates travel commerce
    by connecting the world's leading travel providers with online and
    offline travel buyers in a proprietary business-to-business (B2B) travel
    marketplace. Travelport has a leadership position in airline
    merchandising, hotel content and rate distribution, mobile travel
    commerce and a pioneering B2B payment solution that addresses the needs
    of travel intermediaries to efficiently and securely settle travel
    transactions.
    --  Technology Services through which it provides critical IT services to
    airlines, such as shopping, ticketing, departure control and other
    solutions, enabling them to focus on their core business competencies
    and reduce costs.
    

    Travelport is headquartered in Langley, U.K. The Company is listed on the New York Stock Exchange and trades under the symbol "TVPT".

    Investors:
    Majid Nazir
    Vice President, Investor Relations
    Tel: +44 (0)1753 288 857
    majid.nazir@travelport.com

    Media:
    Kate Aldridge
    Vice President, Corporate Communications
    Tel: +44 (0)1753 288 720
    kate.aldridge@travelport.com

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/travelport-worldwide-limited-confirms-date-and-time-for-fourth-quarter-2016-earnings-conference-call-300388748.html

    Travelport Worldwide Limited

    Web site: http://www.travelport.com/




    Novanta Increases Ownership in Laser Quantum to over 75 Percent

    - Broadens Novanta's breadth of photonics solutions to the medical market

    - Novanta acquires an additional 35 percent of the outstanding shares of Laser Quantum for approximately 25.5 million

    BEDFORD, Mass., Jan. 10, 2017 /PRNewswire/ -- Novanta Inc. (the "Company", "we", "our", "Novanta"), a global leader and supplier of photonics, precision motion, and vision technologies to original equipment manufacturers in the medical and advanced industrial markets, announced today that it has acquired approximately 35 percent of the outstanding shares of Laser Quantum for 25.5 million in cash.

    Laser Quantum, based in Manchester, United Kingdom, is the leading supplier to original equipment manufacturers (OEMs) of solid state continuous wave lasers, femtosecond lasers, and optical light engines for the medical market.

    "Laser Quantum increases Novanta's breadth and technology capability in photonics solutions for medical applications. Particularly, it gives Novanta a significant presence in the growing DNA sequencing market, a technical subsystem capability in software-controlled integration, while also providing the company with key enabling photonics-based technologies for instrumentation and life sciences applications such as biomedical imaging, cell sorting, and ophthalmology," said Matthijs Glastra, Chief Executive Officer of Novanta Inc. "Our increased ownership stake brings together two highly successful photonics businesses, with an emphasis on addressing mission critical applications within the medical market."

    "Laser Quantum is a high quality business, with strong intellectual property and a long-tenured team that we trust and know well. Laser Quantum and Novanta have collaborated closely for over 10 years, and this step is a natural evolution in our partnership," said Mr. Glastra. "Furthermore, we see strong potential in selling the combined product offerings of both companies to each company's customer base."

    Novanta's ownership position in Laser Quantum has increased from approximately 41 percent to approximately 76 percent. Prior to this acquisition of additional shares, Novanta's 41 percent interest in Laser Quantum was accounted for under the equity method of accounting. After Novanta's purchase of the incremental 35 percent stake, Laser Quantum will become a consolidated subsidiary of Novanta and the remaining 24 percent stake in Laser Quantum will be reported as minority interests. The acquisition will be accounted for similar to a business combination with all of Laser Quantum's assets and liabilities being reported at fair value as of the closing date. The excess fair value over the carrying value attributable to Novanta's existing 41 percent equity interest shall be recognized as a one-time non-cash gain in Novanta's consolidated statement of operations. In addition, Novanta and Laser Quantum have entered into a call and put option for the purchase of all remaining Laser Quantum outstanding shares held by the minority shareholders by 2020, subject to certain conditions.

    The total purchase price of 25.5 million was financed with cash on hand and borrowings under the Company's amended and restated credit facility. The transaction, which is expected to be immediately accretive to Novanta's free cash flow and non-GAAP earnings per share, is expected to add approximately $25 million in revenue to Novanta's financial results on a full year pro forma basis.

    Safe Harbor and Forward-Looking Information

    Certain statements in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are based on current expectations and assumptions that are subject to risks and uncertainties. These forward-looking statements include, but are not limited to, statements regarding operating or financial results, the success of our internal plans, the prospects for the acquisition of Laser Quantum to contribute to our future growth and profit expectations. All statements contained in this news release that do not relate to matters of historical fact should be considered forward-looking statements, and are generally identified by words such as "expect," "intend," "anticipate," "estimate," "believe," "future," "could," "should," "plan," "aim," and other similar expressions. Such statements reflect the current beliefs of Company management and are not guarantees of future performance. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those contained in any forward-looking statement. Such risks and uncertainties include our ability to make and integrate our acquisitions and realize expected synergies. We also face other general risks, including our ability to realize cost savings from our operating initiatives; general economic conditions; unfavorable changes in foreign currency exchange rates; difficulties associated with exports; risks associated with our international operations; risks associated with newly acquired businesses; our significant dependence upon our customers' capital expenditures, which are subject to cyclical market fluctuations; increased warranty exposure; future competition; violations of our intellectual property rights and our ability to protect our intellectual property against infringement by third parties; our ability to attract and retain key personnel; disruptions in the supply of certain key materials or components; changes in the price for certain parts and components; changes in interest rates; changes in tax laws; credit ratings; risks in complying with local import and export regulations in the jurisdictions in which we operate; risks and cost associated with potential write-offs of our substantial intangible assets; and risks associated with maintaining regulatory compliance. Other important risk factors that could affect the outcome of the events set forth in these statements and that could affect the Company's operating results and financial condition are discussed in Item 1A of our Annual Report on Form 10-K for the fiscal year ended December 31, 2015, our subsequent filings with the Securities and Exchange Commission ("SEC"), and in our future filings with the SEC. Such statements are based on the Company's beliefs and assumptions and on information currently available to the Company. The Company disclaims any obligation to update any forward-looking statements as a result of developments occurring after the date of this document except as required by law.

    About Novanta

    Novanta is a leading global supplier of core technology solutions that give advanced industrial and healthcare OEMs a competitive advantage. We combine deep expertise at the intersection of photonics and motion with a proven ability to solve complex technical challenges. This enables Novanta to engineer core components and sub-systems that deliver extreme precision and performance, tailored to our customers' demanding applications. We deliver highly engineered photonics, vision and precision motion solutions to customers around the world. The driving force behind our growth is the team of innovative professionals who share a commitment to innovation and customer success. Novanta's common shares are quoted on NASDAQ under the ticker symbol "NOVT".

    More information about Novanta is available on the Company's website at www.novanta.com. For additional information, please contact Novanta Inc. Investor Relations at (781) 266-5137 or InvestorRelations@Novanta.com.

    Novanta Inc.
    Investor Relations Contact:
    Robert J. Buckley
    (781) 266-5137

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/novanta-increases-ownership-in-laser-quantum-to-over-75-percent-300388993.html

    Photo: http://mma.prnewswire.com/media/366501/novanta_Logo.jpg Novanta Inc.

    Web site: http://www.novanta.com/




    InWith Corp. to Build "InLens 1.0" Mobile Contact Lenses Using Patented EPGL Technology

    IRVINE, Calif., Jan. 10, 2017 /PRNewswire/ -- EP Global Communications, Inc.

    EPGL and InWith Corp. announced today that they will partner to build the "InLens 1.0" brand of electronic augmented, mobile contact lenses. The "InLens" line is planned to include augmented reality, autofocus and more electronic contact lens applications tied to mobile phone applications. In 2016, EPGL received the US Patent on the "Elastic Circuit" which is an essential element for molding and mass production of soft electronic contact lenses. Electronically enhanced contact lenses are the ultimate platform for augmented vision ($150 billion estimated market), advanced forms of vision correction, diagnostics and drug delivery. "InLenses" will be built to be compatible with both Apple iOS and Google Android Operating systems. The mobile network will open the door to perhaps hundreds of vision based display applications in the future. EPGL has multiple ophthalmic patents pending in this field.

    Already, Johnson & Johnson Vision Care, Inc. has acquired first rights to purchase the working products that are built from EPGL technologies. Today's announcement marks the beginning of the next phase for building and commercialization.

    "With our progress, we have the unprecedented opportunity to become the market leader in this multi-billion dollar electronic /ophthalmic field. We now own the IP that giants have been seeking and we have the know-how to back up what we have planned," said Michael Hayes, President of EPGL.

    For more information about InWith Corporation, visit www.inwithcorp.com

    About EP Global Communications, Inc.

    EP Global Communications, Inc. is an advanced technology research and development company for both medical devices and consumer electronics devices specializing in microelectronic mechanical systems (MEMS).

    For more information about EP Global Communications, Inc., visit www.epglmed.com

    Safe Harbor Statement

    Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. In particular, the Company's statements regarding trends in the marketplace and potential future results are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of projects due to the variability in size, scope and duration of projects, estimates made by management with respect to the Company's critical accounting policies, regulatory delays, clinical study results which lead to reductions or cancellations of projects, and other factors, including general economic conditions and regulatory developments, not within the Company's control. The factors discussed herein and expressed from time to time in the Company's filings with the Securities and Exchange Commission could cause actual results and developments to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/inwith-corp-to-build-inlens-10-mobile-contact-lenses-using-patented-epgl-technology-300388892.html

    EP Global Communications, Inc.

    CONTACT: Michael Hayes, mhayes@epglmed.com, 801-604-6808

    Web site: http://www.epglmed.com/




    Klipsch and Capitol Partner for AnniversariesCelebrating over 70 years of music

    INDIANAPOLIS, Jan. 10, 2017 /PRNewswire/ -- Klipsch((R)), a tech-driven audio company, announced today an anniversary partnership with Capitol Records, one of the world's preeminent record companies and the first label established on the West Coast. Klipsch is celebrating 70 years of bringing the power, detail and emotion of the live music experience into homes as Capitol Records celebrates 75 years of extraordinary music luminaries past and present.

    "Klipsch and Capitol Records, both celebrating over seven decades, is a natural partnership of two iconic brands and pays tribute to the important role music plays in our lives," said Paul Jacobs, president and CEO of Klipsch. "Music is timeless and unites people across cultures. Our global brands are committed to the enduring power of music and the emotion it evokes. We look forward to continuing our heritage and legacy around this great art form."

    The partnership includes special edition co-branded Klipsch and Capitol Records Heritage Wireless products which feature mid-century modern design, legendary Klipsch sound and the latest technology. The Capitol One, the Capitol Three and the Capitol Heresy speakers will be available through select retailers beginning in 2017 and include a special edition cobranded anniversary logo and select materials.

    Capitol Records year-long 75(th) anniversary celebration includes extensive projects that pay tribute to Capitol artists spanning the past eight decades and shine a spotlight on their historic contributions to music and popular culture. Part of the celebration includes The Capitol Records 75(th) Anniversary Collection which features albums, selected based on different eras and musical genres, best sellers, influential works and lesser known gems.

    The Capitol One, designed to be a semi-portable tabletop speaker, is a 2.1 stereo system featuring Bluetooth(R) wireless technology and analog audio input connections. The product is biamplified and professionally tuned by Klipsch engineers for superior sound. The One features two 2 1/4" full range drivers and a 4.5" woofer to deliver a crystal clear acoustic performance with great bass. The One comes with an 8-hour rechargeable battery and is available in two species of real wood veneer, walnut or ebony.

    The Capitol Three, a slightly larger sized stereo tabletop system, features two 2 1/4" full range drivers, a 5 1/4" long-throw woofer and dual opposed 5 1/4" passive radiators to deliver enhanced bass and includes a 192kHz / 24-bit digital to analog converter for audiophile resolution. Part of the Klipsch Stream Wireless Multi-Room Audio system (featuring DTS(R) Play-Fi(TM) technology), The Three can receive audio input from Wi-Fi, Bluetooth(R) wireless technology, Analog (3.5 mm miniplug and RCA), phono pre-amp, and USB Type B audio. The Klipsch Stream app, available for iPhone(R) and Android(TM), allows consumers to control the system's operations from their phones to enjoy popular music services, internet radio and their personal listening libraries. The Three is available in walnut or ebony.

    The Capitol Heresy, handmade in Hope, Arkansas, with custom anniversary finishes, delivers smooth, dynamic and low distortion sound. The Heresy, first introduced in 1957, started out as a compact center channel speaker to accompany the Klipschorn(R) in three-speaker stereo arrays. Today, the new Heresy has a more powerful woofer, a bi-wire network, and a titanium diaphragm tweeter with a larger magnet assembly.

    About Klipsch Audio
    In 1946 Paul W. Klipsch, inventor, acoustics pioneer and maverick, founded Klipsch Audio with the sole purpose of bringing the power, detail and emotion of the live music experience into his living room. Through the use of highly efficient speaker designs, handcrafted cabinetry and a thirst for real engineering breakthroughs - Klipsch, the great American loudspeaker company, was born in Hope, AR. Today, our diverse range of quality audio products includes speakers and headphones for almost any consumer and professional application - including cinema, whole-house, wireless, home theater and portable offerings. Honoring our founder's legacy, Klipsch continues to be the legendary high-performance brand of choice for audiophiles and aficionados around the world. We are the Keepers of the Sound(R). Klipsch Group, Inc. is a VOXX International Company . For more information, visit Klipsch.com.

    About DTS, Inc.
    Since 1993, DTS, Inc., a wholly owned subsidiary of Tessera Holding Corporation, has been dedicated to making the world sound better. Through its pioneering audio solutions for mobile devices, home theater systems, cinema, automotive and beyond, DTS provides incredibly high-quality, immersive and engaging audio experiences to listeners everywhere. DTS technology is integrated in more than two billion devices globally, and the world's leading video and music streaming services are increasingly choosing DTS to deliver premium sound to their listeners' network-connected devices. For more information, please visit www.dts.com.

    The Bluetooth word mark and logos are registered trademarks owned by Bluetooth sig LLC and any use of such marks by Klipsch Group Inc. is under license. DTS and Play-Fi are registered trademarks of DTS, Inc.

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/klipsch-and-capitol-partner-for-anniversaries-300388870.html

    Photo: http://mma.prnewswire.com/media/455965/Jamo_Logo.jpg Klipsch

    CONTACT: Allison Eckstein, Klipsch Group, Inc., (317) 860-8426,
    allison.eckstein@klipsch.com

    Web site: http://www.klipsch.com/




    OpenText to Report Second Quarter Fiscal Year 2017 Financial Results on Thursday, February 2, 2017

    WATERLOO, Ontario, Jan. 10, 2017 /PRNewswire/ -- Open Text Corporation , announced today that financial results for its second quarter fiscal year 2017 will be released on Thursday, February 2, 2017 at approximately 4:00 p.m. ET.

    Teleconference Call
    Mark J. Barrenechea, OpenText CEO and CTO, John Doolittle, OpenText CFO and Steve Murphy, OpenText President will host a conference call on February 2, 2017 at 5:00 p.m. ET to discuss the company's financial results.

    Date: Thursday, February 2, 2017 Time: 5:00 p.m. ET/2:00 p.m. PT Length: 60 minutes Dial-in: 1-800-319-4610 (toll-free) +1-604-638-5340 (international)

    Investors should dial in approximately 10 minutes before the teleconference is scheduled to begin. A replay of the call will be available beginning February 2, 2017 at 7:00 p.m. ET through 11:59 p.m. on February 16, 2017 and can be accessed by dialing 1-855-669-9658 (toll-free) or +1-604-674-8052 (international) and using passcode 1085 followed by the number sign.

    For more information or to listen to the call via webcast, please use the following link: http://investors.opentext.com/events.cfm.

    About OpenText
    OpenText is the largest independent software provider of Enterprise Information Management (EIM). For more information, please visit www.opentext.com.

    Copyright (C)2017 Open Text. OpenText is a trademark or registered trademark of Open Text. The list of trademarks is not exhaustive of other trademarks. Registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text. All rights reserved. For more information, visit: http://www.opentext.com/who-we-are/copyright-information.

    OTEX-F

    For more information, please contact:

    Greg Secord
    Vice President, Investor Relations
    Open Text Corporation
    San Mateo: 415-963-0825
    gsecord@opentext.com

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/opentext-to-report-second-quarter-fiscal-year-2017-financial-results-on-thursday-february-2-2017-300388963.html

    Open Text Corporation

    Web site: http://www.opentext.com/




    MagnaChip Semiconductor Pre-Announces Preliminary Fourth Quarter 2016 Financial Results

    SEOUL, South Korea and SAN JOSE, Calif., Jan. 10, 2017 /PRNewswire/ -- MagnaChip Semiconductor , a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, today pre-announced preliminary financial results for the fourth quarter of 2016.

    Revenue in the fourth quarter now is estimated to be approximately $180 million and gross profit margin is expected to be approximately 25%. These preliminary financial results for the fourth quarter of 2016 compare with the Company's previous fourth quarter forecast on October 27, 2016 of revenue in the range of $174-180 million and gross profit margin in the range of 22-24%.

    The Company's preliminary financial results in the fourth quarter of 2016 benefited primarily from a richer-than-expected product mix and a larger-than-expected increase in foundry revenue. Gross profit margin in both the Foundry Services Group and the Standard Products Group improved sequentially in the fourth quarter of 2016, and gross profit margin for the AMOLED product line continued to exceed the corporate average in the fourth quarter of 2016. Adjusted EBITDA now is estimated to be higher in the fourth quarter of 2016 as compared to the prior third quarter, based on preliminary financial results for the fourth quarter of 2016.

    These preliminary estimates are not a comprehensive statement of our fourth quarter 2016 financial results and actual results may differ materially from these estimates.

    The Company expects to announce full financial results for the fourth quarter on February 9 at 4:15 p.m. ET and will host an investor conference call.

    "We ended 2016 on a strong note, as estimated revenue came in at the high end of the Company's previous guidance and estimated gross profit margin exceeded the top end of the guidance range," said YJ Kim, CEO of MagnaChip Semiconductor. "Our preliminary financial results in the fourth quarter of 2016 continued to demonstrate the ongoing progress of our business turnaround strategy."

    About MagnaChip Semiconductor Corporation
    MagnaChip is a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products for high-volume consumer, communication, industrial and computing applications. The Company's Display Solutions, Power Solutions, and Foundry Services Groups provide a broad range of standard products and manufacturing services to customers worldwide.

    Safe Harbor for Forward-Looking Statements
    Information in this release regarding MagnaChip's forecasts, business outlook, expectations and beliefs are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. These statements include statements about our future operating and financial performance. All forward-looking statements included in this release are based upon information available to MagnaChip as of the date of this release, which may change, and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to such differences include general economic conditions, the impact of competitive products and pricing, timely design acceptance by our customers, timely introduction of new products and technologies, ability to ramp new products into volume production, industry wide shifts in supply and demand for semiconductor products, industry and/or company overcapacity, effective and cost efficient utilization of manufacturing capacity, financial stability in foreign markets and the impact of foreign exchange rates, unanticipated costs and expenses or the inability to identify expenses which can be eliminated, compliance with U.S. and international trade and export laws and regulations by us and our distributors, and other risks detailed from time to time in MagnaChip's filings with the SEC, including our Form 10-K filed on February 22, 2016 and subsequent registration statements, amendments or other reports that we may file from time to time with the SEC and/or make available on our website. MagnaChip assumes no obligation and does not intend to update the forward-looking statements provided, whether as a result of new information, future events or otherwise.

    CONTACTS: In the United States: In Korea: Bruce Entin Chankeun Park Entin Consulting Director of Public Relations Tel. +1-408-625-1262 Tel. +82-2-6903-3195 Investor.relations@magnachip.com chankeun.park@magnachip.com

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/magnachip-semiconductor-pre-announces-preliminary-fourth-quarter-2016-financial-results-300388913.html

    MagnaChip Semiconductor Corporation

    Web site: http://www.magnachip.com/




    Klipsch Audio at International CES 2017Legendary sound intersects smart design

    INDIANAPOLIS, Jan. 10, 2017 /PRNewswire/ -- Klipsch((R)), a tech driven audio company, continues its 70(th) anniversary celebration at CES((R)) 2017 by debuting its legendary sound in smartly designed products. Klipsch is focused on delivering innovative audio products consumers would be proud to have in their homes. This CES showcase will be one of the largest debuts of new products in Klipsch's history.

    "The Klipsch showcase of products illustrates our commitment to incorporating luxury materials, such as real wood veneer and tactile spun copper switches and knobs, blended with the acoustics and the classic design legacy of Paul W. Klipsch," said Paul Jacobs, president and CEO of Klipsch Group.

    The Heritage Wireless collection is expanding and Klipsch will introduce two table top speakers and a pair of powered floorstanding speakers, named The Fifteens. "When designing The Fifteens, we took cues from the 1930's and the result is a pair of romantically nostalgic floorstanding speakers with a distinct wide baffle and large format sound," said Steve Jain, VP and general manager, Klipsch. "The Fifteens completely redefine the audiophile experience with a design nod to the past and the latest technology." Also on display in the Heritage Wireless collection, attendees will find The One, The Three and The Sixes. Visit Klipsch in the Las Vegas Convention Center's Central Hall, booth #13528 to see and hear the Heritage Wireless family members firsthand.

    The newest member to the Heritage family, the Forte III, also will be on display. Incorporating luxury materials such as real wood veneer and a lambswool grille, the Forte III blends the acoustics and classic design legacy of Paul W. Klipsch with the latest technologies available today. The floorstanding speakers provide clean, multi-dimensional sound and true, full-range performance with a narrow profile.

    Other must-see products include the new Heritage range of headphones consisting of multiple models with a top of the line product that incorporates Klipsch's first semi-open headphone design. "In a sea of plastic headphone options, Klipsch Heritage Headphones are crafted from machined metal, milled wood, and hand-selected full grain cow hide. Klipsch Heritage headphones deliver the style and legendary sound of Klipsch's 70 year legacy," said Steve Jain, VP and general manager, Klipsch.

    Making their CES debut, and designed with power, performance and simplicity in mind, the R-25PF powered floorstanding speakers cater to the way people access and listen to music, while maintaining the core Klipsch design and acoustic principles. The Klipsch R-25PF's were designed for simple set-up, directly to a turntable, television, computer or wireless device. Its integrated phono pre-amp, Bluetooth((R)) wireless technology, digital optical, analog RCA, and USB audio inputs, make it a versatile audio solution.

    Klipsch introduces new Reference subwoofers, controlled via the easy-to-use Klipsch LowControl((TM)) app for iPhone((R)) and Android. The app allows the user in-room tuning performance to fully customize the listening experience. Simple yet robust, the sub tuning is complete with volume, phase, high pass and EQ customization. The new Klipsch Reference subwoofers feature night, cinema and music listening modes for quick and easy adjustments while enjoying your favorite content.

    Expanding the Klipsch Stream Wireless Multi-Room ecosystem, Klipsch introduces the Powergate Max.The Powergate Max features real wood, a180W digital amplifier with 192kHz / 24-bit ESS DACs and is turntable ready, moving magnet and moving coil. The Klipsch Stream system features DTS Play-Fi((R)) technology for high resolution wireless multi-room streaming over a home Wi-Fi network. Check out all the Stream products at the Klipsch CES booth.

    For more information about Klipsch at CES, please visit the Klipsch booth in the Central Hall, #13528 or Klipsch.com/CES for product information and a digital press kit.

    About Klipsch Audio
    In 1946 Paul W. Klipsch, inventor, acoustics pioneer and maverick, founded Klipsch Audio with the sole purpose of bringing the power, detail and emotion of the live music experience into his living room. Through the use of highly efficient speaker designs, handcrafted cabinetry and a thirst for real engineering breakthroughs - Klipsch, the great American loudspeaker company, was born in Hope, AR. Today, our diverse range of quality audio products includes speakers and headphones for almost any consumer and professional application - including cinema, whole-house, wireless, home theater and portable offerings. Honoring our founder's legacy, Klipsch continues to be the legendary high-performance brand of choice for audiophiles and aficionados around the world. We are the Keepers of the Sound((R)). Klipsch Group, Inc. is a VOXX International Company . Klipsch is a trademark of Klipsch Group, Inc., registered in the U.S. and other countries. Reference, Demi, PowerGate and LowControl are Klipsch trademarks. For more information, visit Klipsch.com.

    About DTS, Inc.
    Since 1993, DTS, Inc., a wholly owned subsidiary of Tessera Holding Corporation, has been dedicated to making the world sound better. Through its pioneering audio solutions for mobile devices, home theater systems, cinema, automotive and beyond, DTS provides incredibly high-quality, immersive and engaging audio experiences to listeners everywhere. DTS technology is integrated in more than two billion devices globally, and the world's leading video and music streaming services are increasingly choosing DTS to deliver premium sound to their listeners' network-connected devices. For more information, please visit www.dts.com.

    The Bluetooth word mark and logos are registered trademarks owned by Bluetooth sig LLC and any use of such marks by Klipsch Group Inc. is under license. DTS and Play-Fi are registered trademarks of DTS, Inc. CES((R)) is a registered trademark of the Consumer Technology Association. iPhone is a trademark of Apple, Inc. Android is a trademark of Google, Inc.

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/klipsch-audio-at-international-ces-2017-300388868.html

    Photo: http://mma.prnewswire.com/media/455965/Jamo_Logo.jpg Klipsch

    CONTACT: Allison Eckstein, Klipsch Group, Inc., (317) 860-8426,
    allison.eckstein@klipsch.com

    Web site: http://www.klipsch.com/




    MagnaChip Announces Proposed $65 Million Private Offering of Exchangeable Senior Notes and Stock Repurchase

    SEOUL, South Korea and SAN JOSE, Calif., Jan. 10, 2017 /PRNewswire/ -- MagnaChip Semiconductor Corporation (the "Company," and together with its subsidiaries, "MagnaChip"), announced today the proposed offering by its wholly-owned subsidiary, MagnaChip Semiconductor S.A., of $65 million aggregate principal amount of Exchangeable Senior Notes due 2021 (the "Notes") through a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. MagnaChip expects to grant the initial purchasers of the Notes a 30-day option to purchase up to an additional $9.75 million aggregate principal amount of the Notes on the same terms and conditions.

    The Notes will be exchangeable, subject to certain conditions, into common stock of the Company. The interest rate, exchange rate and other terms of the Notes will be determined by negotiations between MagnaChip and the initial purchasers of the Notes.

    MagnaChip plans to use the net proceeds from the offering of the Notes (i) for its anticipated cost reduction program to be implemented during the first half of 2017 (approximately $30-40 million), (ii) for capital expenditures (approximately $15-20 million), (iii) to repurchase common stock as part of its stock repurchase program described below (up to $10 million) and (iv) for general corporate purposes.

    The Board of Directors of the Company also authorized a stock repurchase program.

    This notice does not constitute an offer to sell or a solicitation of an offer to buy any security. Any offers of the Notes will be made only by means of a private offering memorandum. The Notes and the Company's common stock issuable upon exchange of the Notes, if any, have not been registered under the Securities Act of 1933, as amended, or the securities laws of any other jurisdiction and may not be offered or sold absent registration or an applicable exemption from registration requirements.

    About MagnaChip Semiconductor Corporation
    MagnaChip is a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products for high-volume consumer, communication, industrial and computing applications. The Company's Display Solutions, Power Solutions, and Foundry Services Groups provide a broad range of standard products and manufacturing services to customers worldwide.

    Safe Harbor for Forward-Looking Statements
    Information in this release regarding MagnaChip's forecasts, business outlook, expectations and beliefs are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. These statements include statements about our future operating and financial performance. All forward-looking statements included in this release are based upon information available to MagnaChip as of the date of this release, which may change, and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to such differences include general economic conditions, the impact of competitive products and pricing, timely design acceptance by our customers, timely introduction of new products and technologies, ability to ramp new products into volume production, industry wide shifts in supply and demand for semiconductor products, industry and/or company overcapacity, effective and cost efficient utilization of manufacturing capacity, financial stability in foreign markets and the impact of foreign exchange rates, unanticipated costs and expenses or the inability to identify expenses which can be eliminated, compliance with U.S. and international trade and export laws and regulations by us and our distributors, and other risks detailed from time to time in MagnaChip's filings with the SEC, including our Form 10-K filed on February 22, 2016 and subsequent registration statements, amendments or other reports that we may file from time to time with the SEC and/or make available on our website. MagnaChip assumes no obligation and does not intend to update the forward-looking statements provided, whether as a result of new information, future events or otherwise.

    CONTACTS: In the United States: In Korea: Bruce Entin Chankeun Park Entin Consulting Director of Public Relations Tel. +1-408-625-1262 Tel. +82-2-6903-3195 Investor.relations@magnachip.com chankeun.park@magnachip.com

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/magnachip-announces-proposed-65-million-private-offering-of-exchangeable-senior-notes-and-stock-repurchase-300388914.html

    MagnaChip Semiconductor Corporation

    Web site: http://www.magnachip.com/




    Jamo at International CES 2017Design and performance integrated

    INDIANAPOLIS, Jan. 10, 2017 /PRNewswire/ -- Jamo((R)), a high-tech audio collaborative founded on Danish design principles and a Klipsch Group, Inc. brand, announces today an exceptional line-up of new and existing products on display at CES((R)) in Las Vegas. Jamo, architects of sound design for modern living, will feature design inspired, high performance products that seamlessly integrate into living spaces.

    "We are committed to making 2017 the year of Jamo and are dedicating research and development dollars to bring beautifully designed, high performance products to the market," said Paul Jacobs, president and CEO of Klipsch Group. "Jamo provides style and great sound to any home; well-crafted product designed for people's lives and living spaces."

    Featured at CES, the new Jamo Studio 8 series has been completely reimagined to live seamlessly in modern, premium environments. Contemporary material and finish choices, such as wood grain accents, matte polymer veneers, and magnetic woven linen grilles accentuate the clean, minimalist lines of this European design, while the compact cabinet designs are an ideal solution for urban living environments around the world. Jamo Studio 8 includes seamless Dolby Atmos((R)) integration for incredibly realistic, 3-dimensional sound without sacrificing aesthetics.

    Jamo enters the sound bar market with products that combine European design and immersive experiences for the ears. Featuring softgrey woven grill cloth, a minimalistic look and high-performance components, these sound bars deliver home entertainment needs in an appealing way. "Jamo sound bars are a beautiful way to get exceptional sound in a variety of settings, especially for a minimalist environment," said Steve Jain, VP and general manager of Jamo.

    The All-In-One sound bar has a built-in subwoofer, is 36" long, wrapped in soft textures and features Bluetooth(R) wireless technology, optical and analog inputs and is available in black or grey. The 40" sound bar and subwoofer includes HDMI, Bluetooth((R) )wireless technology, optical and analog inputs. The slim design is great for limited space, fits well with a minimalist interior and offers a better sound experience.

    Debuting at CES, the Jamo ATM 50 speaker adds immersive Dolby Atmos((R)) height effects to any existing home theater, atop floorstanding or bookshelf speakers for dynamic, 3-dimensional sound for music and movies. The ATM 50's designer aesthetic blends with any high-performance home theater system. The exclusive grille design provides built-in front stage occlusion for life-like, powerful overhead effects and the matte black polymer veneer finish fits into any high-end home theater system.

    The new Jamo Landscape and Outdoor System, debuting at CES, is energizing, powerful and available this spring. The Landscape series provides exciting, dynamic outdoor speakers in an all-new elevated design form. The JL-4 Landscape Satellites offer an ultra-compact design and integrate seamlessly into any landscape. All-weather construction offers maximum durability and impact resistance for great sound year in and year out. The series offers 8 ohm/70V compatibility for maximum system flexibility. The JL-10SW Subwoofer is compact and installs in-ground to easily integrate into landscape designs. The dual voice coil design allows for stereo, mono or 70v operation without a transformer, for maximum low frequency detail and output.

    The JDA-500 Jamo Amplifier is designed with the Jamo landscape system in mind to optimize performance as well as providing DSP presets for the entire Jamo speaker family. The Jamo Amplifier allows for maximum install flexibility and offers 70V/100V low impedance capability. The powerful DSP suite provides full customization of I/O routing, EQ, limiting and system tuning.

    Blending Danish inspired design with luxury materials and high performance digital amplifiers, the Jamo Powered Series is designed to provide great sound for every environment. With a wealth of connection and turntable ready options, the PM-9 powered monitors are as versatile as they are beautiful and offer Bluetooth((R)) wireless technology, optical, Digital, RCA, USB and phono pre-amp inputs. The PM-9 powered monitors are available in white, yellow, red or black. All Jamo powered solutions include wireless remotes for easy control of the system.

    For more information about Klipsch at CES, please visit the Jamo booth in the Central Hall, #13528 or www.Jamo.com/CES for product information and a digital press kit.

    About Jamo
    Since 1968, Jamo, a high-tech audio collaborative, has utilized resources from around the globe while honoring its Scandinavian design roots. Jamo innovative loudspeakers seamlessly adapt to fit any environment. Operating in more than 80 countries, Jamo, designed for life, delivers contemporary style while integrating high-tech audio, reflecting the different ways the world listens. Jamo is owned by Indianapolis, Indiana-based Klipsch Group, Inc. Klipsch Group, Inc., owner of the Jamo brand, is also a wholly-owned subsidiary of VOXX International Corporation . Jamo is a trademark of Klipsch Group, Inc., registered in the U.S. and other countries.

    Dolby Atmos is a registered trademark of Dolby Laboratories. The Bluetooth word mark and logos are registered trademarks owned by Bluetooth sig LLC and any use of such marks by Klipsch Group Inc. is under license. CES(R) is a registered trademark of the Consumer Technology Association. The terms HDMI and HDMI High-Definition Multimedia Interface, and the HDMI Logo are trademarks or registered trademarks of HDMI Licensing LLC in the United States and other countries.

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/jamo-at-international-ces-2017-300388871.html

    Photo: http://mma.prnewswire.com/media/455965/Jamo_Logo.jpg Klipsch

    CONTACT: Allison Eckstein, Jamo, (317) 860-8426,
    allison.eckstein@klipsch.com,




    Synopsys Extends Software Integrity Platform with Acquisition of ForcheckAcquisition Adds Coverage for Fortran Programming Language to Coverity Static Analysis Solution

    MOUNTAIN VIEW, Calif., Jan. 10, 2017 /PRNewswire/ -- Synopsys, Inc. today announced it has completed its acquisition of certain assets of Forcheck b.v., a privately held software company based in the Netherlands that provides a static analysis tool for detecting coding defects and anomalies in Fortran applications. This acquisition provides Synopsys with additional static analysis technology to extend the capabilities of its Software Integrity Platform and create new business opportunities.

    Forcheck technology will be integrated into Synopsys' Coverity((R)) static analysis solution to provide support for software written in the Fortran programming language, which is a popular choice for numerically intensive scientific and engineering applications in industries such as oil and gas, military, defense and aerospace.

    The terms of the deal, which is not material to Synopsys financials, have not been disclosed.

    The addition of Fortran to the growing list of languages and frameworks supported by Coverity aligns with Synopsys' overarching strategy to extend its best of breed software testing solutions to a broader audience, from organizations developing web and mobile applications to software embedded in critical infrastructure and safety-critical systems. Coverity also supports analysis of software written in C/C++, Objective-C, C#, Java, JavaScript, PHP, Python, Ruby, node.js, and Android.

    "Synopsys is committed to expanding its Software Integrity Platform to improve the security and quality of business-, mission- and safety-critical software," said Andreas Kuehlmann, senior vice president and general manager of Synopsys' Software Integrity Group. "The acquisition of Forcheck technology provides Synopsys with unique capabilities and extends the utility of the Software Integrity Platform for organizations developing and maintaining critical infrastructure systems written in Fortan."

    Through its Software Integrity Platform, Synopsys provides advanced solutions for improving the security and quality of software. This comprehensive platform of automated analysis and testing technologies integrates seamlessly into the software development process and enables organizations to detect and remediate security vulnerabilities, quality defects and compliance issues early in the software development lifecycle, as well as to gain security assurance with and visibility into their software supply chain.

    About Synopsys

    Synopsys, Inc. is the Silicon to Software(TM) partner for innovative companies developing the electronic products and software applications we rely on every day. As the world's 15th largest software company, Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP and is also growing its leadership in software security and quality solutions. Whether you're a system-on-chip (SoC) designer creating advanced semiconductors, or a software developer writing applications that require the highest security and quality, Synopsys has the solutions needed to deliver innovative, high-quality, secure products. Learn more at www.synopsys.com.

    Editorial Contact:
    Carole Murchison
    Synopsys, Inc.
    650-584-4632
    carolem@synopsys.com

    Investor Contact:
    Lisa Ewbank
    Synopsys, Inc.
    650-584-1901

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/synopsys-extends-software-integrity-platform-with-acquisition-of-forcheck-300388915.html

    Synopsys, Inc.

    Web site: http://www.synopsys.com/

    Company News On-Call: http://www.prnewswire.com/comp/AAB595.html




    Intersections Inc. Board Names Johan Roets as Next CEO

    CHANTILLY, Va., Jan. 10, 2017 /PRNewswire/ -- Intersections Inc. , a leading provider of identity risk management and privacy protection services for consumers, announced today that its Board of Directors has appointed Johan Roets as Chief Executive Officer effective January 10, 2017. Michael Stanfield will assume the role of Chairman and Founder and will continue to serve as the Chairman of the Board.

    "This is a perfect time for Johan Roets to become Intersections' Chief Executive Officer. We've selected a very strong leader to execute our strategy in the identity and privacy protection marketplace," said Michael Stanfield. "With the well-documented influx of large data breaches and cybersecurity hacks, protecting the personal information of consumers from misuse has never been more important. In his role as President of our Identity Guard business and COO of Intersections, Johan has proven his unique ability to translate vision and strategy into outstanding execution to drive results. Since joining the Company over two years ago, Johan has focused on all aspects of our business by executing our transformation strategy of stabilizing our client base, reducing our cost base, and reinvesting in our new product development and business development initiatives."

    Roets joined Intersections in September 2014, as Chief Operating Officer and quickly added President, Identity Guard to his role. Roets was elected as a member of the Intersections Board of Directors in May 2015. His leadership has been instrumental in executing the transformation of Intersections from a business with a highly concentrated customer base that was shrinking due to regulatory challenges, to a better positioned, highly innovative company with a more diverse customer base and product portfolio which leverage Intersections' core data analytics and recurring revenue model competencies. His leadership was critical to our achievement of a cost base reduction in excess of $19 million over the last two years, and the reinvestment in new business development capabilities and new product initiatives. Roets personally led the development and launch of our latest innovative product release, Privacy Now(TM) with Watson, a ground-breaking partnership with IBM representing the first time that advanced artificial intelligence has been applied to identity theft and privacy protection.

    "I joined Intersections over two years ago because I wanted to help fight for the consumer data privacy cause, one which Michael Stanfield and Intersections have led for more than 20 years. The proliferation of consumers' online presence and the explosion of data breaches have created a perfect storm that threatens both the personal and financial well-being of families today. We can help families in this battle to regain their online privacy," said Johan Roets. "Since he founded the Company in 1996, Michael's vision, creativity and leadership have enabled Intersections to protect more than 47 million U.S. consumers, employers and breach victims. I am incredibly energized to lead Intersections at a time when families' needs for personalized help, advice and tools have never been greater."

    Intersections also announced that Michael Stanfield, currently CEO and Chairman of the Intersections Board of Directors, will remain on the board and assume the role of Chairman and Founder. He will devote his time to supporting Roets and engaging with the board and management on strategies that drive increased shareholder value through the Company's now-singular focus on the field of personal information security and online data privacy. Stanfield has served as Chairman and CEO since he co-founded Intersections' predecessor in May 1996. Stanfield drove Intersections development of products that formed the basis for today's identity monitoring and privacy protection services and oversaw rapid growth in revenue and profits as these products were introduced into the market. Under Stanfield's leadership, the Company went public in 2004.

    "Johan is clearly the leader for Intersections' future, and he has the unanimous support of the Board of Directors," said Tom Kempner, Chairman of the Executive Committee of the Intersections Board of Directors as well as the Chairman and CEO of Loeb Holding Corporation, the Company's largest shareholder. "The board fully supported Michael Stanfield's hiring of Johan as COO and has been impressed with his rapid growth and ability to execute as additional responsibilities were transitioned to him over the last two years. With Michael taking the role of Chairman and Founder, Johan taking the role as CEO, and with the strength of the rest of the management team, the board is very confident Intersections has the leadership for its next stage of growth."

    Forward-Looking Statements:

    Statements in this release relating to future plans, results, performance, expectations, achievements and the like are considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as "anticipate," "estimate," "expect," "project,'' "plan," "intend," "believe," "may," "should," "can have," "likely" and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. Those forward-looking statements involve known and unknown risks and uncertainties and are subject to change based on various factors and uncertainties that may cause actual results to differ materially from those expressed or implied by those statements, including the impact of shutting down our Pet Health Monitoring segment; the timing and success of new product launches and other growth initiatives; the continuing impact of the regulatory environment on our business; the continued dependence on a small number of financial institutions for a majority of our revenue and to service our U.S. financial institution customer base; our ability to execute our strategy and previously announced transformation plan; our incurring additional restructuring charges; our incurring additional impairment costs or charges on goodwill and/or assets; our ability to control costs; and our needs for additional capital to grow our business, including our ability to maintain compliance with the covenants under our new term loan or seek additional sources of debt and/or equity financing. Factors and uncertainties that may cause actual results to differ include but are not limited to the risks disclosed under "Forward-Looking Statements," "Item 1. Business--Government Regulation" and "Item 1A. Risk Factors" in the Company's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and in its recent other filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to revise or update any forward-looking statements unless required by applicable law.

    About Intersections Inc.:

    Intersections Inc. provides innovative, information based solutions that help consumers manage risks and make better informed life decisions. Under its IDENTITY GUARD(R) brand and other brands, the company helps consumers monitor, manage and protect against the risks associated with their identities and personal information. Headquartered in Chantilly, Virginia, the company was founded in 1996. To learn more, visit www.intersections.com.

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/intersections-inc-board-names-johan-roets-as-next-ceo-300388561.html

    Intersections Inc.

    CONTACT: Ron Barden, Intersections Inc., 703.488.6810,
    IR@intersections.com

    Web site: http://www.intersections.com/




    EXFO Reports First-Quarter Results for Fiscal 2017
    --  Sales increase 11.9% year-over-year to US$61.8 million
    --  Bookings rise 12.6% year-over-year to US$65.9 million (book-to-bill
    ratio of 1.07)
    --  Gross margin reaches 63.1% of sales
    --  Adjusted EBITDA improves 19.6% year-over-year to US$6.3 million (10.2%
    of sales)
    

    QUEBEC CITY, Jan. 10, 2017 /PRNewswire/ - EXFO Inc. reported today financial results for the first quarter ended November 30, 2016.

    Sales reached US$61.8 million in the first quarter of fiscal 2017 compared to US$55.2 million in the first quarter of 2016 and US$62.9 million in the fourth quarter of 2016.

    Bookings attained US$65.9 million in the first quarter of fiscal 2017 compared to US$58.5 million in the same period last year and US$62.4 million in the fourth quarter of 2016. The company's book-to-bill ratio was 1.07 in the first quarter of 2017.

    Gross margin before depreciation and amortization(*) amounted to 63.1% of sales in the first quarter of fiscal 2017 compared to 63.5% in the first quarter of 2016 and 61.6% in the fourth quarter of 2016.

    IFRS net earnings in the first quarter of fiscal 2017 totaled US$3.3 million, or US$0.06 per diluted share, compared US$1.8 million, or US$0.03 per diluted share, in the same period last year and US$2.3 million, or US$0.04 per diluted share, in the fourth quarter of 2016. IFRS net earnings in the first quarter of 2017 included US$0.4 million in after-tax amortization of intangible assets, US$0.3 million in stock-based compensation costs and a foreign exchange gain of US$0.5 million.

    Adjusted EBITDA(*) totaled US$6.3 million, or 10.2% of sales, in the first quarter of fiscal 2017 compared to US$5.3 million, or 9.6% of sales, in the first quarter of 2016 and US$6.2 million, or 9.8% of sales, in the fourth quarter of 2016.

    EXFO closed the acquisition of Absolute Analysis' assets in late October for US$5.0 million in cash and US$3.5 million in stock. At the end of the first quarter of fiscal 2017, EXFO had a cash position of US$39.3 million and no debt.

    "Fiscal 2017 has gotten off to a strong start with double-digit increases in sales, bookings and adjusted EBITDA in the first quarter, highlighting growing market traction of both of our product groups," said Germain Lamonde, EXFO's Chairman, President and CEO. "I am particularly pleased with robust results from our optical and high-speed transport businesses, where we are gaining market share and taking advantage of the 100G investment cycle in long-haul networks, Metro links and data centers. We also benefited from calendar year-end purchases by some communications service providers and early returns from our industry-only, all-in-one optical RF analyzer for mobile network operators. We remain fully confident about achieving our adjusted EBITDA goal of US$26 million in 2017."

    Selected Financial Information (In thousands of US dollars) Q1 2017 Q4 2016 Q1 2016 ------- ------- ------- Physical-layer sales $42,016 $39,777 $37,477 Protocol-layer sales 20,009 23,445 18,629 Foreign exchange losses on forward exchange contracts (240) (364) (874) ---- ---- ---- Total sales $61,785 $62,858 $55,232 Physical-layer bookings $44,090 $39,826 $38,878 Protocol-layer bookings 22,009 22,969 20,469 Foreign exchange losses on forward exchange contracts (240) (364) (874) ---- ---- ---- Total bookings $65,859 $62,431 $58,473 Book-to-bill ratio (bookings/sales) 1.07 0.99 1.06 Gross margin before depreciation and amortization* $38,972 $38,713 $35,095 63.1% 61.6% 63.5% Other selected information: IFRS net earnings $3,303 $2,252 $1,766 Amortization of intangible assets $427 $292 $300 Stock-based compensation costs $258 $302 $376 Net income tax effect of the above items $(64) $(31) $(28) Foreign exchange gain (loss) $512 $(293) $310 Adjusted EBITDA* $6,321 $6,172 $5,286

    Operating Expenses
    Selling and administrative expenses totaled US$21.6 million, or 35.0% of sales in the first quarter of fiscal 2017 compared to US$20.3 million, or 36.7% of sales, in the same period last year and US$21.6 million, or 34.3% of sales, in the fourth quarter of 2016.

    Net R&D expenses totaled US$11.3 million, or 18.3% of sales, in the first quarter of fiscal 2017 compared to US$9.9 million, or 18.0% of sales, in the first quarter of 2016 and US$11.3 million, or 18.0% of sales, in the fourth quarter of 2016.

    First-Quarter Highlights

    --  Sales and bookings. Sales and bookings increased 11.9% and 12.6%
    year-over-year, respectively, mainly due to strong market demand in
    EXFO's three major selling regions and for optical and high-speed
    solutions. The company also benefited from a large wireless deal in
    Asia-Pacific in the first quarter. From a segmented revenue standpoint,
    56% of sales originated from the Americas, 23% from EMEA and 21% from
    Asia-Pacific, while Physical-layer sales represented 68% of total sales
    and Protocol-layer sales 32%. EXFO's top customer accounted for 13.8% of
    sales, while the top three represented 23.3%. This represents an
    unusually high concentration level for EXFO, but reflects greater
    success with Tier-1 operators.
    --  Profitability. EXFO generated adjusted EBITDA of US$6.3 million, or
    10.2% of sales, in the first quarter of 2017 compared to US$5.3 million,
    or 9.6% of sales, in the first quarter of 2016.
    --  Innovation. EXFO acquired substantially all the assets of Absolute
    Analysis in the first quarter to combine radio frequency (RF) test
    software with its own optical and Ethernet technologies. EXFO also
    introduced three other new solutions including a power meter, variable
    attenuator and optical switch modules for its LTB-8 platform dedicated
    to the high-speed optical lab market, a segment of increased focus.
    Finally, EXFO supplied OpenReach, British Telecom's local network
    business, with an initial order of MaxTesters to support its G.fast
    pilot project.
    

    Business Outlook
    EXFO forecasts sales between US$58.0 million and US$63.0 million for the second quarter of fiscal 2017, while IFRS net results are expected to range between a loss of US$0.01 per share and earnings of US$0.03 per share. IFRS net results include US$0.01 per share in after-tax amortization of intangible assets and stock-based compensation costs as well as an anticipated foreign exchange loss of US$800,000 based on today's exchange rates.

    This guidance was established by management based on existing backlog as of the date of this press release, seasonality, expected bookings for the remaining of the quarter, as well as exchange rates as of the day of this press release.

    Conference Call and Webcast
    EXFO will host a conference call today at 5 p.m. (Eastern time) to review first-quarter results for fiscal 2017. To listen to the conference call and participate in the question period via telephone, dial 1-704-288-0432. Please take note the following conference ID number will be required: 30629172. Germain Lamonde, Chairman, President and CEO, and Pierre Plamondon, CPA, Vice-President of Finance and Chief Financial Officer, will participate in the call. An audio replay of the conference call will be available two hours after the event until 11:59 p.m. on January 17, 2017. The replay number is 1-855-859-2056 and the conference ID number is 30629172. The audio Webcast and replay of the conference call will also be available on EXFO's Website at www.EXFO.com, under the Investors section.

    About EXFO
    EXFO provides communications service providers (CSPs) with test automation and 3D analytics solutions to ensure the smooth deployment, maintenance and management of next-generation, physical, virtual, fixed and mobile networks. The company has also forged strong relationships with network equipment manufacturers (NEMs) to develop deep expertise that migrates from the lab to the field and beyond. EXFO's key differentiation comes from combining intelligent, automated and cloud-based test and monitoring solutions with real-time analytics to deliver unmatched end-to-end visibility and assurance--from a network, services and end-user level. EXFO is no. 1 in portable optical testing and boasts the largest active service assurance deployment worldwide. For more information, visit www.EXFO.com and follow us on the EXFO Blog.

    Forward-Looking Statements
    This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, and we intend that such forward-looking statements be subject to the safe harbors created thereby. Forward-looking statements are statements other than historical information or statements of current condition. Words such as may, expect, believe, plan, anticipate, intend, could, estimate, continue, or similar expressions or the negative of such expressions are intended to identify forward-looking statements. In addition, any statement that refers to expectations, projections or other characterizations of future events and circumstances are considered forward-looking statements. They are not guarantees of future performance and involve risks and uncertainties. Actual results may differ materially from those in forward-looking statements due to various factors including, but not limited to, macroeconomic uncertainty as well as capital spending and network deployment levels in the telecommunications industry (including our ability to quickly adapt cost structures with anticipated levels of business and our ability to manage inventory levels with market demand); future economic, competitive, financial and market conditions; consolidation in the global telecommunications test and service assurance industry and increased competition among vendors; capacity to adapt our future product offering to future technological changes; limited visibility with regards to timing and nature of customer orders; longer sales cycles for complex systems involving customers' acceptances delaying revenue recognition; fluctuating exchange rates; concentration of sales; timely release and market acceptance of our new products and other upcoming products; our ability to successfully expand international operations; our ability to successfully integrate businesses that we acquire; and the retention of key technical and management personnel. Assumptions relating to the foregoing involve judgments and risks, all of which are difficult or impossible to predict and many of which are beyond our control. Other risk factors that may affect our future performance and operations are detailed in our Annual Report, on Form 20-F, and our other filings with the U.S. Securities and Exchange Commission and the Canadian securities commissions. We believe that the expectations reflected in the forward-looking statements are reasonable based on information currently available to us, but we cannot assure that the expectations will prove to have been correct. Accordingly, you should not place undue reliance on these forward-looking statements. These statements speak only as of the date of this document. Unless required by law or applicable regulations, we undertake no obligation to revise or update any of them to reflect events or circumstances that occur after the date of this document.

    *NON-IFRS MEASURES
    EXFO provides non-IFRS measures (gross margin before depreciation and amortization and adjusted EBITDA) as supplemental information regarding its operational performance. The company uses these measures for the purpose of evaluating historical and prospective financial performance, as well as its performance relative to competitors. These measures also help the company to plan and forecast for future periods as well as to make operational and strategic decisions. EXFO believes that providing this information, in addition to IFRS measures, allows investors to see the company's results through the eyes of management, and to better understand its historical and future financial performance.

    The presentation of this additional information is not prepared in accordance with IFRS. Therefore, the information may not necessarily be comparable to that of other companies and should be considered as a supplement to, not a substitute for, the corresponding measures calculated in accordance with IFRS.

    Gross margin before depreciation and amortization represents sales less cost of sales, excluding depreciation and amortization.

    Adjusted EBITDA represents net earnings before interest, income taxes, depreciation and amortization, stock-based compensation costs and foreign exchange gain.

    The following table summarizes the reconciliation of adjusted EBITDA to IFRS net earnings, in thousands of US dollars:

    Adjusted EBITDA Q1 2017 Q4 2016 Q1 2016 ------- ------- ------- IFRS net earnings for the period $3,303 $2,252 $1,766 Add (deduct): Depreciation of property, plant and equipment 903 957 975 Amortization of intangible assets 427 292 300 Interest (income) expense (20) (112) 63 Income taxes 1,962 2,188 2,116 Stock-based compensation costs 258 302 376 Foreign exchange gain (512) (293) (310) ---- ---- ---- Adjusted EBITDA for the period $6,321 $6,172 $5,286 ====== ====== ====== Adjusted EBITDA in percentage of sales 10.2% 9.8% 9.6% ==== === ===

    EXFO Inc. Condensed Unaudited Interim Consolidated Balance Sheets (in thousands of US dollars) As at As at November 30, August 31, 2016 2016 ---- ---- Assets Current assets Cash $35,061 $43,208 Short-term investments 4,281 4,087 Accounts receivable Trade 43,476 42,993 Other 3,321 2,474 Income taxes and tax credits recoverable 4,047 4,208 Inventories 33,880 33,004 Prepaid expenses 2,781 3,099 ----- ----- 126,847 133,073 Tax credits recoverable 33,800 34,594 Property, plant and equipment 35,530 35,978 Intangible assets 10,855 3,391 Goodwill 21,418 21,928 Deferred income tax assets 7,901 8,240 Other assets 372 589 --- --- $236,723 $237,793 ======== ======== Liabilities Current liabilities Accounts payable and accrued liabilities $34,779 $37,174 Provisions 308 299 Income taxes payable 567 971 Deferred revenue 8,910 9,486 ----- ----- 44,564 47,930 Deferred revenue 5,681 5,530 Deferred income tax liabilities 2,546 2,857 Other liabilities 29 75 --- --- 52,820 56,392 ------ ------ Shareholders' equity Share capital 89,352 85,516 Contributed surplus 18,018 18,150 Retained earnings 129,612 126,309 Accumulated other comprehensive loss (53,079) (48,574) ------- ------- 183,903 181,401 ------- ------- $236,723 $237,793 ======== ========

    EXFO Inc. Condensed Unaudited Interim Consolidated Statements of Earnings (in thousands of US dollars, except share and per share data) Three months ended November 30, ------------ 2016 2015 ---- ---- Sales $61,785 $55,232 ------- ------- Cost of sales (1) 22,813 20,137 Selling and administrative 21,595 20,252 Net research and development 11,314 9,933 Depreciation of property, plant and equipment 903 975 Amortization of intangible assets 427 300 Interest (income) expense (20) 63 Foreign exchange gain (512) (310) ---- ---- Earnings before income taxes 5,265 3,882 Income taxes 1,962 2,116 ----- ----- Net earnings for the period $3,303 $1,766 ====== ====== Basic and diluted net earnings per share $0.06 $0.03 Basic weighted average number of shares outstanding (000's) 53,884 53,814 Diluted weighted average number of shares outstanding (000's) 55,001 54,535 (1) The cost of sales is exclusive of depreciation and amortization, shown separately.

    EXFO Inc. Condensed Unaudited nterim Consolidated Statements of Comprehensive Loss (in thousands of US dollars) Three months ended November 30, ------------ 2016 2015 ---- ---- Net earnings for the period $3,303 $1,766 Other comprehensive income (loss), net of income taxes Items that will not be reclassified subsequently to net earnings Foreign currency translation adjustment (4,217) (2,509) Items that may be reclassified subsequently to net earnings Unrealized gains/losses on forward exchange contracts (561) (270) Reclassification of realized gains/ losses on forward exchange contracts in net earnings 181 878 Deferred income tax effect of gains/ losses on forward exchange contracts 92 (148) Other comprehensive loss (4,505) (2,049) ------ ------ Comprehensive loss for the period $(1,202) $(283) ======= =====

    EXFO Inc. Condensed Unaudited Interim Consolidated Statements of Changes in Shareholders' Equity (in thousands of US dollars) Three months ended November 30, 2015 ------------------------------------ Share Contributed Retained Accumulated Total capital surplus earnings other shareholders' comprehensive equity loss --- Balance as at September 1, 2015 $86,045 $17,778 $117,409 $(52,005) $169,227 Redemption of share capital (1) - - - (1) Reclassification of stock-based compensation costs 723 (723) - - - Stock-based compensation costs - 341 - - 341 Net earnings for the period - - 1,766 - 1,766 Other comprehensive income (loss) Foreign currency translation adjustment - - - (2,509) (2,509) Changes in unrealized losses on forward exchange contracts, net of deferred income taxes of $148 - - - 460 460 Total comprehensive loss for the period (283) ---- Balance as at November 30, 2015 $86,767 $17,396 $119,175 $(54,054) $169,284 ======= ======= ======== ======== ======== Three months ended November 30, 2016 ------------------------------------ Share Contributed Retained Accumulated Total capital surplus earnings other shareholders' comprehensive equity loss --- Balance as at September 1, 2016 $85,516 $18,150 $126,309 $(48,574) $181,401 Issuance of share capital 3,490 - - - 3,490 Reclassification of stock-based compensation costs 346 (346) - - - - 214 - - 214 Stock-based compensation costs Net earnings for the period - - 3,303 - 3,303 Other comprehensive loss Foreign currency translation adjustment - - - (4,217) (4,217) Changes in unrealized gains/ losses on forward exchange contracts, net of deferred income taxes of $92 - - - (288) (288) Total comprehensive loss for the period (1,202) ------ Balance as at November 30, 2016 $89,352 $18,018 $129,612 $(53,079) $183,903 ======= ======= ======== ======== ========

    EXFO Inc. Condensed Unaudited Interim Consolidated Statements of Cash Flows (in thousands of US dollars) Three months ended November 30, ------------ 2016 2015 ---- ---- Cash flows from operating activities Net earnings for the period $3,303 $1,766 Add (deduct) items not affecting cash Stock-based compensation costs 258 376 Depreciation and amortization 1,330 1,275 Deferred revenue (75) 1,511 Deferred income taxes 147 573 Changes in foreign exchange gain/ loss (538) (344) 4,425 5,157 Changes in non-cash operating items Accounts receivable (2,558) (2,024) Income taxes and tax credits (344) (278) Inventories (1,248) (3,226) Prepaid expenses 258 54 Other assets 13 193 Accounts payable, accrued liabilities and provisions (1,425) 3,375 Other liabilities - (28) (879) 3,223 ---- ----- Cash flows from investing activities Additions to short-term investments (296) (21) Additions to capital assets (1,237) (1,309) Business combination (5,000) - ------ --- (6,533) (1,330) ------ ------ Cash flows from financing activities Bank loan - 315 Redemption of share capital - (1) --- --- - 314 --- --- Effect of foreign exchange rate changes on cash (735) (197) ---- ---- Change in cash (8,147) 2,010 Cash - Beginning of the period 43,208 25,864 ------ ------ Cash - End of the period $35,061 $27,874 ======= ======= Supplementary information Income taxes paid $958 $608

    EXFO-F

    EXFO inc.

    CONTACT: Vance Oliver, Director, Investor Relations, (418) 683-0913, Ext.
    23733, vance.oliver@exfo.com

    Web site: http://www.exfo.com//




    For the second time, Samsung and LG found guilty of unlawful trade practices that hurt U.S. appliance industry workers

    BENTON HARBOR, Mich., Jan. 10, 2017 /PRNewswire/ -- Today the U.S. International Trade Commission unanimously ruled that Samsung and LG caused injury to the U.S. appliance industry by selling their China-produced washing machines in the U.S. for less than they cost to make. Whirlpool Corporation reports that this vote is the final step in the government's investigation it initiated in December 2015. Whirlpool filed the case to help ensure free trade so U.S. manufacturers can continue to create jobs, invest in new facilities and undertake research to drive innovation.

    http://photos.prnewswire.com/prnvar/20161116/440561LOGO

    Today's vote follows a U.S. Department of Commerce ruling last month that Samsung and LG violated U.S. and international trade laws by dumping clothes washers from China into the United States. Samsung and LG now must pay antidumping duties at the substantial rates set by the DOC margins of 52.51 percent for Samsung and 32.12 percent for LG.

    "This is a gratifying win for American manufacturing, particularly our more than 3,000 employees at our factory in Clyde, Ohio, who make clothes washers for American consumers," said Jeff Fettig, chairman and chief executive officer of Whirlpool Corp. "The government made the right decision today, affirming that Samsung and LG's long-term pattern of serial dumping injures American appliance manufacturers and threatens U.S. jobs. By enforcing and applying trade remedies that help ensure fair competition, the government supports a solid U.S. manufacturing base and continued investments in innovation that improve the lives of consumers."

    This ruling comes just four years after the government found Samsung and LG guilty of dumping washers from factories in Korea and Mexico. Following that 2013 ruling, the companies moved their washer production to China in an effort to circumvent the orders.

    To learn more about Whirlpool Corp.'s U.S. investments and prior trade case, visit its website: WhirlpoolCorp.com/fair-trade.

    About Whirlpool Corporation
    Whirlpool Corp. is the number one major appliance manufacturer in the world, with approximately $21 billion in annual sales, 97,000 employees and 70 manufacturing and technology research centers in 2015. The company markets Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air, Indesit and other major brand names in nearly every country throughout the world. Additional information about the company can be found at WhirlpoolCorp.com, or find us on Twitter at @WhirlpoolCorp.

    Whirlpool Corp. in the United States
    More than 80 percent of the products sold by Whirlpool Corp. in the United States are assembled in the United States. The company's Clyde, Ohio, washing machine manufacturing facility not only meets America's washers needs but also exports 10 percent of the washers it makes to meet the needs of families throughout the world. In the United States, the company's investments include $1.6 billion in supply chain spending, $7.4 billion in manufacturing spending and more than $1 billion in its U.S. facilities since 2010. Whirlpool employs approximately 25,000 people in the United States, with 15,000 of those jobs being held by manufacturing workers in its nine U.S. production plants.

    Whirlpool Corp. in China
    Whirlpool Corp. has a two-decade history meeting the needs of Chinese consumers through significant manufacturing and research and development investments in the country. The company has more than 20,000 employees in Beijing, Shanghai, Shandong, Zhejiang, Guangdong, and Anhui provinces. China is an important growth market for Whirlpool Corp., and the company is quickly expanding its investment in the country.

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/for-the-second-time-samsung-and-lg-found-guilty-of-unlawful-trade-practices-that-hurt-us-appliance-industry-workers-300388697.html

    Photo: http://photos.prnewswire.com/prnh/20161116/440561LOGO Whirlpool Corporation

    CONTACT: Whirlpool Corporation, Media: 269/923-7405, Media@Whirlpool.com,
    Financial: Chris Conley, 269/923-2641, Investor_Relations@Whirlpool.com

    Web site: http://www.whirlpoolcorp.com/




    Vantiv Integrated Payments Selected as 2017 Best Channel Vendor for the 9th Consecutive YearCompany recognized by subscribers for excellence in payment processing

    CINCINNATI, Jan. 10, 2017 /PRNewswire/ -- Vantiv Integrated Payments, a Vantiv, Inc. company , and a provider of payments technology and processing services for small and medium-sized businesses (SMBs), announced today that has been named Best Channel Vendor 2017 by the subscribers of Business Solutions Magazine (BSM) for the ninth consecutive year. The prestigious honor recognizes companies for providing exceptional value to the channel, as highlighted in the January 2017 issue.

    "We are honored to be recognized for the ninth year in a row by Business Solutions Magazine subscribers," said Matt Taylor, group president of integrated payments and emerging channels at Vantiv. "We look forward to continuing the work in making the payment processing experience as seamless as possible, meeting our customers' needs with best-in-class functionality and quality products and helping SMBs use technology to grow and protect their business."

    From September 2016 to mid-October 2016, BSM's VAR, MSP, and ISV subscribers were asked to participate in the Best Channel Vendors survey. They rated their vendor partners on a scale of 0 to 5 and Vantiv IP's payment processing technology scored top marks in the "product features" and "product reliability" categories.

    Providing resellers with a guide of top ranked vendors according to their peers, BSM goal is to reflect the sense of the survey respondents and let their readership know who they think are the Best Channel Vendors. With a partnership with Penn State University to help ensure the survey's statistical accuracy, the result of the selection as Best Channel Vendors, includes POS Hardware, POS Software, Payment Processing and Network Security.

    ABOUT VANTIV INTEGRATED PAYMENTS
    Vantiv Integrated Payments is making payments smarter, faster and easier by partnering with software companies and technology service firms to embed payments processing in front and back office applications. Our commerce technology integrates into a broad set of point of sale systems, reaching merchants through an extensive partner network of thousands of point-of-sale software developers and value-added resellers. Our award-winning customer service and value-added solutions help businesses to streamline and build revenue through simple to use commerce solutions.

    ABOUT VANTIV
    Vantiv, Inc. is a leading payment processor differentiated by an integrated technology platform. Vantiv offers a comprehensive suite of traditional and innovative payment processing and technology solutions to merchants and financial institutions of all sizes, enabling them to address their payment processing needs through a single provider. We build strong relationships with our customers, helping them become more efficient, more secure and more successful. Vantiv is the second largest merchant acquirer and the largest PIN debit acquirer based on number of transactions in the U.S. The company's growth strategy includes expanding further into high-growth channels and verticals, including integrated payments, eCommerce, and merchant bank. Visit us at www.vantiv.com, or follow us on Twitter, Facebook, LinkedIn, Google+ and YouTube.

    (C) 2017 Vantiv, LLC. All Rights Reserved. All trademarks, service marks and trade names referenced herein are the property of their respective owners. Vantiv and other Vantiv products and services mentioned herein as well as their respective logos are registered trademarks or trademarks of Vantiv, LLC in the U.S. and other countries.

    CONTACTS
    Lori Stafford-Thomas
    Director, Public Relations
    970-335-4904
    lori.stafford-thomas@vantiv.com

    Aryma Braga
    Corporate Communications
    513-900-6471
    aryma.braga@vantiv.com

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/vantiv-integrated-payments-selected-as-2017-best-channel-vendor-for-the-9th-consecutive-year-300388708.html

    Photo: http://mma.prnewswire.com/media/455900/Vantiv_Inc_Channel_Vendor_Award.jpg
    http://mma.prnewswire.com/media/414232/Vantiv_Logo.jpg Vantiv, Inc.

    Web site: http://www.vantiv.com/




    TE Connectivity named a Top 100 Global Innovator for sixth consecutive yearClarivate Analytics, formerly Thomson Reuters, reveals new innovation trends in 2017 report

    SCHAFFHAUSEN, Switzerland, Jan. 10, 2017 /PRNewswire/ -- TE Connectivity Ltd. , a world leader in connectivity and sensors, was named one of Clarivate Analytics 2016 Top 100 Global Innovators. This marks the sixth consecutive year TE has been recognized for its achievements in innovation, and marks the first year Clarivate Analytics released this list under its new brand identity, following the sale of the Intellectual Property & Science business of Thomson Reuters to Onex Corporation and Baring Private Equity Asia in October 2016.

    The 2016 Top 100 Global Innovators report honors the most innovative corporations and institutions in the world as determined by analyzing proprietary data including patent volume, patent-grant success rates, global reach and invention influence. The 2016 report reveals that on average, the 2016 Top 100 Global Innovators invest 9.1 percent more in R&D than those in the S&P 100.

    "For each of the last six years, TE Connectivity has been named as a Top 100 Global Innovator, and we could not be more proud of this recognition," said TE Chairman and CEO Tom Lynch. "Innovation is a TE core value and an intrinsic part of our culture. We continue to broaden the environment in which our more than 7,000 engineers can unleash their potential and collaborate with our customers to bring previously impossible ideas to life."

    For over 75 years, TE has provided the connectivity and sensor solutions needed to move the world forward, enabling a safer, greener, smarter and more connected world. Today, the company continues to design and manufacture connectors, sensors and other products for all industries that are key parts of essential technologies transforming our connected society today and for generations to come.

    Clarivate Analytics CEO Jay Nadler said: "We believe the power of innovation is a fundamental driver of economic wellbeing, competitive advantage and success, which represents the heart of our business - to accelerate the pace of innovation through discovery, protection and commercialization. Our Top 100 Global Innovators methodology eliminates any ambiguity as to what makes an organization innovative and we congratulate those who have made meaningful gains to usher in the next era of global innovation."

    To view the full list and report on the Clarivate Analytics 2016 Top 100 Global Innovators, visit: http://top100innovators.stateofinnovation.com/.

    ABOUT TE CONNECTIVITY

    TE Connectivity is a $12 billion global technology leader. Our commitment to innovation enables advancements in transportation, industrial applications, medical technology, energy, data communications, and the home. TE's unmatched breadth of connectivity and sensor solutions, proven in the harshest of environments, helps build a safer, greener, smarter and more connected world. With 75,000 people - including more than 7,000 engineers - working alongside customers in nearly 150 countries, we help ensure that EVERY CONNECTION COUNTS - www.TE.com

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/te-connectivity-named-a-top-100-global-innovator-for-sixth-consecutive-year-300388457.html

    Photo: http://mma.prnewswire.com/media/337029/te_connectivity_ltd__logo.jpg TE Connectivity Ltd.

    CONTACT: Media Relations: B.J. Talley, TE Connectivity, +1 610 893 9553,
    bj.talley@te.com

    Web site: http://www.te.com/




    Launch Of World's First Wearable, Non-Invasive, Continuous, Blood Glucose Estimation Technology Using WRMT's Smart Wristband, Helo, Will Generate Recurring Revenues For WRMT

    MIAMI, Jan. 10, 2017 /PRNewswire/ -- World Media & Technology Corp. ("Wor(l)d") (www.worldmediatech.com) , today announced that its research activity generating non-invasive, continuous blood glucose estimates has been found to be sufficiently accurate to allow WRMT to proceed to full integration of the algorithm in the Helo platform so WRMT can offer blood glucose estimation as a service in Q4'17 to Helo wearers who choose to pay an initial set-up fee and an ongoing monthly charge.

    According to the International Diabetes Federation, 415 million people worldwide (1 in 11 people) have diabetes consuming 12% of global health expenditure ($673B) in 2015. The American Diabetes Association advises that in the US, nearly 30 million (1 in 8) people have diabetes and $1 in $5 health care dollars is spent caring for people with diabetes. Americans with diagnosed diabetes incur average medical expenditures of about $13,700 per year, of which about $7,900 is attributed to diabetes.

    The importance of blood glucose (blood sugar) monitoring is the main tool used to check diabetes control. The current mainstream blood glucose measurement process is to use a lancing device on the side of the fingertip to get a drop of blood, touch the test strip to the drop of blood, and wait for the result. Apart from being painful for the diabetic, there are health risks due to the invasive nature of the process as well as measurement compliance and recording issues.

    Helo's features today include measurement of Blood Pressure, ECG, Heart Rate, Respiration Rate, Heart Rate Variability (HRV) analysis for mood and energy levels along with measuring steps, distance and calorie burn. However, this is the first time anyone has used a photoplethysmograph (PPG) to estimate blood glucose levels and incorporate the technology into a wearable device to provide convenient, non-invasive blood glucose estimation and logging on a continuous basis.

    Helo is not a medical device, but continuous measurement of blood glucose estimates are expected to be helpful in understanding blood glucose changes over time, aid compliance and support a pre-diabetic seeking to change their lifestyle to avoid diabetes.

    WRMT's blood glucose estimation service is non-invasive, and can be scheduled to record blood glucose estimates routinely with readings stored in Helo's LifeLog for easy presentation to the diabetic's health care provider. In the event that Helo detects a blood glucose problem, Helo's Guardian service will automatically alert the wearer and their care giver. It is expected that this service will initially be available in Q4'17, to all Helo wearers who opt-in for the service and who pay the initial fee to cover registration and to start blood glucose monitoring.

    Fabio Galdi, CEO, World Media & Technology Corp., said, "I am personally excited by this development. It is the first time that I am aware that PPG technology has been used to estimate blood glucose in a wearable device designed for the consumer wellness market. It will address a very real, painful and expensive need. Our test results have proven consistent with traditional blood glucose measurements so we have decided to start integration to provide this as a full Helo service later this year." He continued, "By the time that we launch, we will have enough Helo wearers all over the world to generate a very valuable blood glucose data base. Our plan is to share this data via our Big Data Portal with appropriate research partners. We are sure that together we can gain valuable insights and who knows, maybe somewhere, buried below all that data our research partners may find the cure for diabetes!"

    About Wor(l)d
    World Media & Technology Corp. designs, manufactures and sells connected, next-generation, innovative wearable devices which use its proprietary Life Sensing Technology. It has end-users in over 80 countries which it supports through its exclusive distribution partnership with Wor(l)d Global Network (www.worldgn.com). For further information, see www.worldmediatech.com.

    This press release contains forward-looking statements. Words such as "expects," "intends," "believes," and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to secure additional sources of finance, the ability to reduce operating expenses, and other factors described in the Company's filings with the OTC Markets Group and with the SEC. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/launch-of-worlds-first-wearable-non-invasive-continuous-blood-glucose-estimation-technology-using-wrmts-smart-wristband-helo-will-generate-recurring-revenues-for-wrmt-300388644.html

    World Media & Technology Corp.

    CONTACT: Investor Relations & Media: World Media & Technology Corp., Sean
    McVeigh:+ 1-855-467-6500, investors@worldmediatech.com

    Web site: http://www.worldmediatech.com/




    Standard Missile-6 approved for international salesMulti-role missile protects against airborne, ballistic threats

    TUCSON, Ariz., Jan. 10, 2017 /PRNewswire/ -- The U.S. Department of Defense has approved the release of Raytheon Company's Standard Missile-6 to several international customers. Many of the approved countries are seeking the multi-mission SM-6 to bolster their shipbuilding programs.

    SM-6 currently provides U.S. Navy vessels with extended-range protection against fixed- and rotary-wing aircraft, unmanned aerial vehicles, cruise missiles and ballistic missiles in the terminal phase of flight. Earlier this year the missile was also successfully tested as an offensive effector against targets on the ocean's surface.

    "International navies are seeking the level of sophisticated protection that SM-6 provides," said Mike Campisi, Standard Missile-6 senior program director. "The flexibility of this multi-mission effector drives significant savings for our partners and allies; it's the exact opposite of a boutique missile."

    SM-6 continues to go further and faster. It shattered the record for the longest range surface-to-air intercept in September of this year - a milestone it set, and broke, twice before.

    In April 2015, Raytheon delivered the first full-rate production SM-6 from its $75-million, 70,000-square-foot SM-6 and Standard Missile-3 all-up-round production facility at Redstone Arsenal in Huntsville, Alabama. Raytheon has currently delivered more than 300 SM-6 missiles with continuing production.

    About Standard Missile-6
    SM-6 delivers proven over-the-horizon, air defense through the time-tested advantages of the Standard Missile's airframe and propulsion.

    --  SM-6 delivers multi-mission capability for long range Fleet Air Defense,
    Sea-Based Terminal Defense, and Anti-Surface Warfare.
    --  SM-6 uses both active and semi-active guidance modes and advanced fuzing
    techniques.
    --  It incorporates the advanced signal processing and guidance control
    capabilities from Raytheon's Advanced Medium-Range Air-to-Air Missile.
    

    About Raytheon
    Raytheon Company, with 2015 sales of $23 billion and 61,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 94 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I(TM) products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter @Raytheon.

    Media Contacts
    Amanda Schildt
    +1.571.305.3915
    rmspr@raytheon.com

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/standard-missile-6-approved-for-international-sales-300388728.html

    Photo: http://mma.prnewswire.com/media/455621/Raytheon_Company_Standard_Missile_6.jpg Raytheon Company

    Web site: http://www.raytheon.com/

    Company News On-Call: http://www.prnewswire.com/comp/742575.html




    Student-athletes, university sport conferences and Bell Let's Talk team up to grow the mental health conversation on Canadian campuses nationwide
    --  20,000 student-athletes, the Atlantic, Québec, Ontario and Canada West
    university sport conferences, and 53 Canadian universities join forces
    for Bell Let's Talk Day, January 25
    --  6 Academic All-Canadian student-athletes feature in Bell Let's Talk
    video series talking about mental illness and how to fight the stigma
    --  100 university sports games across Canada to host Bell Let's Talk events
    

    MONTRÉAL, Jan. 10, 2017 /CNW Telbec/ - Bell Let's Talk, Canadian universities and Atlantic University Sport (AUS), Réseau du sport étudiant du Québec (RSEQ), Ontario University Athletics (OUA), and Canada West Universities Athletic Association (CWUAA) today announced a national student initiative to promote mental health on campuses across Canada.

    On Bell Let's Talk Day this January 25, more than 20,000 student-athletes will help lead the campus conversation about mental health, joining with fellow students and others in the university community to discuss the impact of mental illness and how to fight the stigma that keeps too many from seeking help. Student-athletes are also hosting events at 100 university games leading up to January 25, and appearing in a new Bell Let's Talk video series.

    "I'm ecstatic that student-athletes at campuses everywhere are coming together in such a huge way to drive the mental health conversation, sharing their stories and inviting their fellow students to join in making a difference," said Clara Hughes, Canada's 6-time Olympic medalist and Bell Let's Talk national spokesperson. "Athletes are deeply involved in campus life and passionate about their school communities, and I offer my heartfelt thanks to them all for bringing their incredible energy and ideas to the mental health cause."

    "On behalf of the university sport conferences across Canada - the RSEQ, OUA, CWUAA and the AUS - we congratulate our student-athletes for leading the way," said Phil Currie, Executive Director of Atlantic University Sport. "They'll be spreading the mental health message at campuses across Canada, sparking conversations with fellow students and offering their own perspectives on how we can all make a positive change."

    "The Bell Let's Talk partnership with Canadian universities has grown from 11 schools in Atlantic Canada in 2016 to 53 right across the country this year, from 2,200 student-athletes to more than 20,000," said Mary Deacon, Chair of Bell Let's Talk. "Conversations will be taking place in classrooms, residences and sport facilities on campuses across the country, helping combat the stigma and supporting those who struggle. We look forward to the continued growth of this great initiative in the years to come."

    Leading up to January 25, 100 university sports games across the country will host Bell Let's Talk events. Fans will receive thunder sticks and temporary tattoos and have the opportunity to sign talk bubbles and banners in support of mental health. Fans are also encouraged to take pictures and share on social media on Bell Let's Talk Day to support Canadian mental health and drive Bell's funding for mental health programs.

    Fighting the stigma: Student-athlete video series
    Student-athletes from across the country have also produced a series of videos based on the 5 simple ways to help end stigma around mental illness. Videos featuring participants from each of the university sport conferences will be released tomorrow, January 11. To learn more, please visit Bell.ca/OneTeam.

    To kick off the series, 6 Academic All-Canadian student-athletes share their experiences in the first video, Let's Talk About It, recorded last fall in Ottawa:

    "Mental illness has impacted my life in various ways. Personally, I struggled with anxiety in my first couple years of university - just trying to manage all the performance demands both academically and in my sport. Later on, I found out that I had a lot of teammates dealing with various mental illnesses. It is definitely something people hide and are afraid to express especially among their teammates."
    Rebecca Terejko, Swimming, University of British Columbia

    "I think the difficulty is that the problem is invisible, you can't see it, but if we talked about it we could see the problem and people would know they're not alone."
    François Jarry, Cross Country/Track and Field, McGill University

    "Being a student-athlete, you can have the best times and you can have some of the worst times because there is so much emotion and passion involved with it. So it's important to check in with your teammates and friends. It's an easy way to just talk about it in a casual setting because it should be easy, it should be something we can just have a conversation about without there being a huge stigma associated with it."
    Elenor Henry, Soccer, Mount Allison University

    "Knowing there are other people going through the same situations and dealing with the same problems, really makes people feel comfortable to seek the help they need so they can try to get better and back to where they were."
    Geoff Schemitsch, Hockey, Acadia University

    "I think it's important for student-athletes to talk about mental health because it creates an open dialogue that builds understanding and compassion between peers and allows you to develop a better relationship with people who are in need of help."
    Cindy Nelles, Rugby, McMaster University

    "It's tough to keep things in and all of that will just build up, so having that outlet to talk to somebody is going to be very beneficial."
    Chad Bush, Soccer, University of British Columbia

    Participating Universities:
    AUS: Acadia University, Cape Breton University, Dalhousie University, Memorial University, Mount Allison University, Université de Moncton, University of New Brunswick, Saint Mary's University, University of Prince Edward Island, St. Francis Xavier University and Saint Thomas University.

    RSEQ: Bishop's University, Concordia University, McGill University, Université de Montréal, Université de Sherbrooke, Université du Québec à Montréal.

    OUA: Algoma University, Brock University, Carelton University, University of Guelph, Lakehead University, Laurentian University, Wilfrid Laurier University, McMaster University, Nipissing University, University of Ottawa, Queen's University, Royal Military College, Ryerson University, University of Toronto, Trent University, UOIT, University of Waterloo, Western University, University of Windsor and York University.

    CWUAA: University of Alberta, Brandon University, University of British Columbia, UBC Okanagan, University of Calgary, University of Fraser Valley, University of Lethbridge, MacEwan University, University of Manitoba, Mont Royal University, University of Northern British Columbia, University of Regina, University of Saskatchewan, Thompson River University, Trinity Western University, University of Victoria and University of Winnipeg.

    Bell Let's Talk Day
    On January 25, Bell will donate 5 cents to Canadian mental health programs for each of these interactions at no extra charge to participants:

    --  Every text message, mobile and long distance call made by Bell Canada
    and Bell Aliant customers.
    --  Twitter: Every tweet using #BellLetsTalk
    --  Facebook: Every view of the Bell Let's Talk Day video at
    Facebook.com/BellLetsTalk
    --  Instagram: Every post using #BellLetsTalk
    --  Snapchat: Every use of the Bell Let's Talk Snapchat geofilter
    

    Bell Let's Talk Day 2016 set new records with 125.9 million messages of support, growing Bell's funding for Canadian mental health by $6,295,764.75. #BellLetsTalk was the #1 Twitter hashtag in Canada for all of 2016, and the most used in the world on Bell Let's Talk Day 2016.

    With its original anchor donation of $50 million and the results of the first 6 Bell Let's Talk Days, Bell's total commitment to mental health now stands at $79,919,178.55, and is expected to surpass $100 million in 2020. To learn more, please visit Bell.ca/LetsTalk.

    Atlantic University Sport
    Atlantic University Sport is responsible for governing interuniversity sport in Atlantic Canada. The conference is comprised of 11 member institutions and over 2,000 student-athletes who compete annually for 18 conference championships in 10 different sports, including basketball, cross country, football, hockey, rugby, soccer, swimming, track & field, volleyball & curling. It is the mission of Atlantic University Sport to enhance the educational experience of students in university through sport programs offered by member institutions working in partnership. To learn more, please visit Atlanticuniversitysport.com.

    Réseau du sport étudiant du Québec
    The RSEQ (Réseau du sport étudiant du Québec) works to promote and develop sports and physical activity among students, from beginners to high-level sports. It therefore promotes academic success through sport. To learn more, please visit RSEQ.ca.

    Ontario University Athletics
    Ontario University Athletics (OUA) and its 20 member institutions are developing Champions For Life. Giving 9,000 student-athletes the opportunity to excel academically and on the playing field, while preparing for life after university. To learn more, please visit OUA.ca.

    Canada West Universities Athletic Association
    Canada West is the premier athletic conference in the country and is home to champion student-athletes that excel on the field, in the classroom and in their communities. Canada West and its 17 member institutions commit to a student-athlete experience where competitive excellence, scholarship and sportsmanship contribute equally towards moulding outstanding graduates and community leaders. To learn more, please visit Canadawest.org.

    About Bell
    Bell is Canada's largest communications company, providing consumers and business customers with wireless, TV, Internet, home phone, small business and enterprise communications services. Bell Media is Canada's premier multimedia company with leading assets in television, radio, digital and out of home media. Bell is wholly owned by Montréal's BCE Inc. . To learn more, please visit Bell.ca.

    Bell Canada

    CONTACT: Katie Burgess, Bell, 902-487-6198, katie.burgess@bellaliant.ca;
    Jess Burns, AUS, 902-425-4235, jburns@atlanticuniversitysport.com;
    Andrée-Anne Dionne-Émond, RSEQ, (514) 252-3300 ext: 3616,
    aaemond@rseq.ca; Matt Walker, OUA, (905) 635-5510 x 207,
    matthew.walker@oua.ca; Evan Daum, Canada West, (780) 266-4432,
    evan.daum@canadawest.org

    Web site: www.bell.ca/




    Southwest Airlines Wins 2016 FICO Decision Management Innovation Award for Real-Time Operations Recovery ToolSouthwest increases on-time flight performance by 10-15 percent using FICO optimization

    SAN JOSE, Calif., Jan. 10, 2017 /PRNewswire/ --

    --  Southwest Airlines has achieved extraordinary results in improving
    flight on-time performance using FICO optimization in their Baker
    Airline Operations Recovery Optimizer tool, winning the 2016 FICO
    Decisions Award for Decision Management Innovation.
    --  Since the project's inception, on-time performance is 10-15 percent
    higher on days with irregular operations compared to similar events in
    the past, and total on-time performance is more than 2 percent higher
    over the past year.
    --  The air carrier has experienced significant cost savings and customer
    satisfaction has improved during irregular operations as on-time
    performance improved and flight diversions, tarmac delays, and crew
    changes declined.
    --  This project has supported the company's goals and philosophies related
    to passenger hospitality, operational performance and maintaining a
    low-cost business model.
    --  Southwest Airlines serves 100 million customers annually with more than
    3,900 daily departures during peak travel season across a network of 101
    destinations in the United States and eight additional countries.
    

    Analytics software firm FICO today announced that Southwest Airlines has been awarded the 2016 FICO Decisions Award in the Decision Management Innovation category for its Baker Airline Operations Recovery Optimizer tool. The Baker, as it is referred to by Southwest Airlines, is the airline industry's first real-time, integrated recovery solver that generates solutions to operational disruptions such as maintenance problems and weather events, while minimizing the impact to passengers and flight and ground crews.

    Since its implementation in November 2015, Baker has yielded significant cost savings by demonstrating significant improvement in key metrics such as on-time performance (OTP), customers delayed more than two hours, and mishandled luggage. On days with irregular operations in which more than 2 percent of flights were cancelled, OTP was 10-15 percent higher than similar events in the past - equating to more than 2 percent increase in OTP since the tool was launched in November 2015. During a blizzard in Denver last year, for instance, OTP was seven percent higher than a comparable airline that did not take proactive action.

    "Prior to the Baker implementation, superintendents of dispatch would address airline problems with a manual, labor-intensive process that could take hours to work out a single solution," said Phil Beck, manager, optimization solutions at Southwest. "Not only does this tool enable them to quickly react to problems within minutes, but they can also get ahead of potential disruptions hours in advance and have time to evaluate multiple scenarios. This project has supported the company's goals and philosophies related to passenger hospitality, cost avoidance and operational performance."

    Using FICO((R)) Xpress Optimization Suite, the Baker utilizes several algorithms, advanced in-memory cache technology, and hundreds of carefully calibrated parameters to achieve real-time performance and high-quality, integrated decision-making. The Baker team worked closely with Southwest's Superintendents of Dispatch for years prior to launch, incorporating business knowledge and best practices gained from their decades of first-hand experience.

    "Southwest achieved an industry-first solution to a well-studied problem," said Jim Bander, national manager, Decision Science, Toyota Financial Services, a judge for this year's FICO Decision Awards. "The Baker project has several obvious benefits for its back-end operations and profitability, but at the end of the day, the real winners are the passengers who can get to their destinations without delay, and the crewmembers who can complete their assigned shifts as planned. Southwest is solving real problems for real people."

    About the FICO Decisions Awards

    The FICO Decisions Awards recognize organizations that are achieving remarkable success using FICO solutions. A panel of independent judges with deep industry expertise evaluates nominations based upon measureable improvement in key metrics; demonstrated use of best practices; project scale, depth and breadth; and innovative uses of technology. The 2016 judges are:

    --  Dan Ariely, expert on human behavior, author of Predictably Irrational,
    and Duke University Professor of Behavioral Economics
    --  Jim Bander, national manager, Decision Science, Toyota Financial
    Services (2015 winner)
    --  Ken Elliott, global director of Analytics, Hewlett Packard Enterprise
    --  Bill Fearnley, Jr., research director, Compliance, Fraud and Risk
    Analytics, IDC - Financial Insights
    --  Petr Kapoun, retail risk director, Ceska Sporitelna (2015 winner)
    --  Dr. Dalvinder Singh, editor, Financial Regulation International
    --  Nicole Sturgill, principal, Executive Advisor, CEB TowerGroup
    

    About FICO
    FICO powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 170 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.

    Learn more at www.fico.com.

    Join the conversation at https://twitter.com/fico & http://www.fico.com/en/blogs/

    FICO is a registered trademark of Fair Isaac Corporation in the US and other countries.

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/southwest-airlines-wins-2016-fico-decision-management-innovation-award-for-real-time-operations-recovery-tool-300386935.html

    Photo: http://mma.prnewswire.com/media/450763/FICO_Logo.jpg FICO

    CONTACT: Investors/Analysts: Greg Jawski, Porter Novelli for FICO, +1
    212-601-8248, greg.jawski@porternovelli.com; Media: Steven Weber, FICO, +1
    800-213-5542, investor@fico.com

    Web site: http://www.fico.com/




    Postal Savings Bank of China Teams with IBM to Build Blockchain-Based Asset Custody System

    BEIJING and ARMONK, N.Y., Jan. 10, 2017 /PRNewswire/ -- Postal Savings Bank of China (PSBC) announced today that it launched its blockchain-based asset custody system. As part of its work, the bank has also successfully executed more than 100 real business transactions on the blockchain since the system went live in October 2016. PSBC worked with IBM and used the Hyperledger Fabric to create the first deployment in China to apply blockchain technology to asset custody in the financial industry.

    As one of China's leading retail banks, PSBC pays attention to the technology innovation to speed its research in advanced financial products, technologies, processes and business applications. As part of these efforts, the bank worked with IBM to develop an asset custody system built on the Hyperledger Fabric. Upon completion of a Design Thinking workshop and joint development work with IBM, the bank embarked on a two-month trial operation, during which it completed over one hundred asset custody transactions involving buying and selling bonds. During the trial, the system demonstrated blockchain's ability to help streamline the traditionally complex credit verification process and manage risk, helping financial institutions operate more securely and efficiently.

    As one of PSBC's core businesses, asset custody now represents an approximately four trillion RMB business. Asset custody process typically involves multiple parties, including financial institutions, clients, asset custodians, asset managers and investment advisors and auditors. Each transaction involves the settlement of large sums of money and multiple participants exchanging data, each with its own information system and often relying on verification systems such as telephone, fax and mail, potentially creating delays, discrepancies and risk with reporting between entities.

    PSBC's blockchain solution enables the real-time sharing of information by multiple parties, eliminates repeated credit verifications, which reduces the operation process by about 60%-80%(1 )and helps make information exchanges more efficient. The smart contract and consensus mechanism integrates investment compliance verification regulations into the blockchain, and ensures that transactions are completed after contracts are satisfied and a consensus is reached. The immutability and encryption built into the blockchain ensures that account information remains secure while allowing the quick sharing of necessary information by transaction participants. Furthermore, blockchain technology helps auditing and supervising parties quickly gain information, intervene and exercise control, thus improving the efficiency of risk management across the industry.

    Lyu Jiajin, President, PSBC, said, "Blockchain technology has the potential to eliminate the trust frictions in financial business activities at a very low cost and creates trust and enables the efficient exchange of information for all the parties involved in a transaction. This technology has the potential to fundamentally transform the financial industry. Today, with a booming fintech and business innovation in the financial industry, we expect to join hands with more financial institutions to build the ecosystem for a financial industry based on blockchain technology."

    "The successful launch of PSBC's blockchain-based asset custody platform demonstrates the high impact the technology can have on the financial industry. As the technology evolves, we expect to work with PSBC to define and develop new solutions, drive adoption of blockchain in more lines of business and support more organizations in China and around the world as they build their blockchain ecosystems and create a more efficient and trusted business environment," said Chen LiMing, Chairman, IBM Greater China Group.

    (1) Based on performance improvement data from PSBC in production environment

    Contact: Hannah Slocum, 978-877-0105, hslocum@us.ibm.com

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/postal-savings-bank-of-china-teams-with-ibm-to-build-blockchain-based-asset-custody-system-300388574.html

    Photo: http://mma.prnewswire.com/media/95470/ibm_logo.jpg IBM Corporation

    Web site: http://www.ibm.com/




    Spare5 is Now Mighty AI, Relaunches with $14M in New Funding and New Agreements with Intel and AccentureNew agreements increase market reach and access across multiple industries to tools, data and services to build artificial intelligence models

    SEATTLE, Jan. 10, 2017 /PRNewswire/ -- Spare5 Inc. announced today it relaunched the company as Mighty AI and raised a Series A1 round of $14M. In addition, Mighty AI signed agreements with Intel and Accenture . Intel will be able to promote and sell Mighty AI's training data services to its global customers, and Accenture will recommend and integrate Mighty AI's training data services for its global clients.

    Intel Capital led the round with participation from new investors GV (formerly Google Ventures) and Accenture Ventures and additional investment from Foundry Group, Madrona Venture Group and New Enterprise Associates (NEA).

    Relaunching as Mighty AI reflects the company's core business of delivering the human insights artificial intelligence (AI) engines need to see, hear, talk and "think" like people. Its Training Data as a Service(TM) (TDaaS(TM)) platform helps businesses obtain the datasets they need to train and scale their computer vision and natural language models.

    "In the future, we will count on AI to make every aspect of our lives better," said Mighty AI Founder and CEO Matt Bencke. "AI will manage our information, schedules and energy use. It will make our factories, roads and homes safer and more efficient. It will provide us each with a personal shopper and investment advisor. But, for AI models to do all this and more, they need to understand what and how we think. Mighty AI is the critical link between computer and human cognition, putting the right humans in the right learning loops."

    Mighty AI will use the new funding to extend both its TDaaS platform and community of Fives--a network of tens of thousands of individuals who conduct microtasks in their spare time, such as identifying and labeling objects in images or doing sentiment analysis of text. With the funding, Mighty AI will also grow its team by adding new data scientists, engineers and product, sales and marketing professionals.

    "As our CEO, Brian Krzanich, has said, AI is not only the next big wave in computing; it's the next major turning point in human history," said Doug Fisher, Intel Corporation Senior Vice President and General Manager of the Software and Services Group. "Intel is investing in AI, with the goal of driving breakthrough performance while making AI solutions more accessible and easier to deploy for all. We see a significant opportunity across applications such as automated driving, robotics, healthcare and the Internet of Things. To produce high quality data for training models to deploy, it is essential to obtain clean, accurate human annotations at scale. With today's announcement, Intel is pleased to team with Mighty AI to power the world's AI engines, operating on Intel(R) architecture and guided by Mighty AI's training data platform."

    "As a leader in applying AI to both our own business and our clients' businesses, we know that AI will drive the next wave of business and societal transformation," said Paul Daugherty, Accenture's Chief Technology & Innovation Officer. "Data is the fuel required to power AI solutions, but many clients lack the right tools and solutions to achieve the business value they are looking for from their AI initiatives. By teaming with Mighty AI, we see a great opportunity to break this bottleneck, accelerate the integration of training data, and drive better business outcomes more rapidly."

    Mighty AI's agreements with Intel and Accenture gives customers better access to tools and services across the AI stack, also known as the four components of any AI model:

    1. The infrastructure, such as the chips Intel builds;
    2. The large-scale mathematical algorithms that process tremendous amounts
    of calculations in parallel to "think;"
    3. The training data that turns these blank slates into simulations of human
    knowledge; and
    4. The application of the resulting AI models in interfaces that make it
    easy for people to use.
    

    With the new agreement, customers of Accenture and Mighty AI will get a more streamlined experience as they execute across the full AI stack to apply their models. The formation of the relationship with Mighty AI was led by Accenture Ventures, which focuses on teaming with and investing in companies that create innovative enterprise technologies.

    "We couldn't be more excited to team with Intel and Accenture, both of which are second to none in their respective industries," said Bencke. "Our mission at Mighty AI is to tap the world's potential brainpower so that our customers' AI engines have heroic impact. Words matter, and today we declare that we operate the world's best platform to make our customers' AI models mighty, together with our industry-leading partners."

    About Mighty AI
    Founded in 2014, Mighty AI delivers the human insights artificial intelligence (AI) engines need to see, hear, talk and "think" like humans. Our Training Data as a Service(TM) platform helps companies get the accurate, high-quality datasets they need to train and scale their computer vision and natural language models. Visit www.mty.ai to learn more, and follow us at @mighty_ai.

    About Intel Capital
    Intel Capital, Intel's strategic investment organization, backs innovative startups targeting computing and smart devices, cloud, datacenter, security, the Internet of Things, wearable and robotic technologies and semiconductor manufacturing. Since 1991, Intel Capital has invested US$11.8 billion in 1,478 companies worldwide, and 617 portfolio companies have gone public or been acquired. Through its business development programs, Intel Capital curates thousands of introductions each year between its portfolio executives and Intel's customers and partners in the Global 2000. For more information on what makes Intel Capital one of the world's most powerful venture capital firms, visit www.intelcapital.com or follow @Intelcapital.

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/spare5-is-now-mighty-ai-relaunches-with-14m-in-new-funding-and-new-agreements-with-intel-and-accenture-300388493.html

    Photo: http://mma.prnewswire.com/media/455700/Mighty_AI_logo_white_background_Logo.jpg
    http://mma.prnewswire.com/media/455701/Segmentation_Mask.jpg Mighty AI

    CONTACT: Contact: Mighty AI, Angela Cherry, Director of Communications,
    angela@mty.ai

    Web site: http://mty.ai/

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