Daily Archives: September 18, 2013

Business

Greenwood Biosar To Install Five Santerno PV Inverters at New Romanian Solar Power Installation

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New Contract for Delivery of Five Santerno TG760 1000V Solar Power Inverters Expands Santerno Penetration Into Eastern Europe with New 5 MW Photovoltaic System.

San Francisco (September 18, 2013) — Santerno, the Carraro Group company that specializes in alternative energy electronics and industrial automation, has signed an agreement with Greenwood Biosar, the engineering, procurement, and construction (EPC) division of Greenwood Energy, to deliver five Santerno TG760 1000V solar inverters for installation at a new solar project in Calarasi, Romania. The PC inverters will deliver nearly 5 MW of solar power. This contract also increases Santerno’s market footprint in Eastern Europe; in the first six months of 2013 Santerno has installed photovoltaic (PV) inverters that deliver 35 MW of power in Romania and 40 MW of power in Greece.

According to company estimates, these five Santerno TG760 inverters will deliver a total output of 4998.245 kWp, or an estimated 6,739 MW hours per year. Santerno’s TG solar inverters are manufactured in Italy for use in media and large utility-scale PV systems. These best-in-class outdoor inverters are designed to deliver maximum yield for the lowest cost, and have all the grid code integrated features needed for compliance with advanced European and global power standards, including LVRT (low-voltage ride through), Reactive Power Control, Frequency and Voltage controls. The Santerno inverters are designed for optimal performance in harsh environments with a long meantime between failure.

“Greenwood Biosar has already seen the value of our solar inverter technology in their Vermont utility-scale PV installation and in a number of installations in Greece,” said Marco Tecchio, Chief Executive Officer of Santerno. “Our TG760 is ideally suited for the new Romanian installation, since the climate is moderate and there is nominal rainfall. The TG760 has performed flawlessly in harsher environments and we expect these inverters will be in service for years to come.”

All of Santerno’s solar power inverters feature a modular design for easy inspection and repair. Remote monitoring via the Web also is supported using the Santerno online monitoring system, which can be used to manage single-device or multi-inverter installations. Santerno uses an innovative satellite linking system so even if a local Internet connection is unavailable, a satellite link connects the PV system to the Web-based Santerno Portal monitoring system no matter what the location or terrain. Santerno’s inverters also have embedded Utility Interactive Features that are software controlled and completely configurable based on the appropriate grid code.

Santerno continues to expand into PV global markets with new contracts signed recently in South Africa and the United States as well as Eastern Europe.

About Santerno
Headquartered in Imola, Italy, with offices in San Francisco and around the globe, Santerno designs and markets solar inverters and products used to produce electricity from renewable sources. Since 2006 the company has been part of the Carraro Group, a multinational company specializing in power transmission systems with engineering and production operations in 16 countries. Santerno has more than 40 years of expertise in design automation of power electronics and has manufactured solar power inverters for 27 years, hybrid vehicles for 16 years, and wind power systems for six years. Santerno has more than 40 distributors worldwide.

For more information, visit http://www.us.santerno.com.

Contact:
Tom Woolf
Gumas Advertising
415-621-7575
twoolf@gumas.com

Business

Knightmare on Wall Streets Edgar Perez on Chinas Decision to Allow Foreign Hedge Funds to Raise Yuan

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Building off of the momentum of past conferences, Golden Networking brings back China Leaders Forum 2013 (ChinaLeadersForum.com), “Will the Chinese Dream Become Long-term Investors’ Dream or Nightmare?”, New York, October 1st.

New York City, NY, USA (September 18, 2013) — Golden Networking’s China Leaders Forum 2013, “Will the Chinese Dream Become Long-term Investors’ Dream or Nightmare?”, to be held on October 1st, New York City, will bring Mr. Edgar Perez, Author of The Speed Traders (http://www.thespeedtraders.com) and Knightmare on Wall Street (http://www.knightmareonwallstreet.com), as keynote speaker on “From CSRC’s Policing of Everbright Securities to SAFE’s Green Lighting of Foreign Hedge Funds Raising Yuan for Overseas Investment.” China Leaders Forum 2013 (http://www.chinaleadersforum.com), in its fifth edition, is gearing up to provide the information practitioners are looking for in an open and unbiased environment, highly conducive to the most efficient and effective networking.

Less than a month after trading incidents generated by Everbright Securities, China’s State Administration of Foreign Exchange has taken a step forward in its plan to open up its capital account and internationalize its currency with a trial program that allows foreign hedge funds to raise money denominated in yuan for overseas investment. Each of six hedge funds will be allowed to raise up to $50 million worth of yuan in China, according to people familiar with the situation.

While the trial program is minuscule in comparison with a similar program set up in 2006 for domestic investors, Mr. Perez will focus on the significance as a move toward full convertibility of the Chinese currency, which the country’s leadership has pledged as part of efforts to move away from a command economy. China’s regulators approved the pilot-program launch in Shanghai, with six firms-Oaktree Capital Management, Och-Ziff Capital Management Group, Winton Capital Management, Man Group, Citadel and Canyon Partners-getting the go-ahead.

Mr. Perez (http://www.mredgarperez.com) is widely regarded as the preeminent global expert and speaker in the specialized areas of algorithmic and high-frequency trading. He is author of Knightmare on Wall Street, The Rise and Fall of Knight Capital and the Biggest Risk for Financial Markets (2013), a minute-by-minute account of the terrifying hours following Knight Capital’s August 1, 2012 trading debacle, The Speed Traders, An Insider’s Look at the New High-Frequency Trading Phenomenon That is Transforming the Investing World, published in English by McGraw-Hill Inc. (2011), published in Mandarin by China Financial Publishing House (2012), and Investasi Super Kilat, Pandangan Orang dalam tentang Fenomena Baru Frekuensi Tinggi yang Mentransformasi Dunia Investasi, published in Bahasa Indonesia by Kompas Gramedia (2012).

Mr. Perez is course director of The Speed Traders Workshop, How High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX (Hong Kong, Sao Paulo, Seoul, Kuala Lumpur, Warsaw, Kiev, New York, Singapore, Beijing, Shanghai) and was Adjunct Professor at the Polytechnic Institute of New York University, where he taught Algorithmic Trading and High-Frequency Finance. He contributes to The New York Times, UltraHighFrequencyTrading.com and China’s International Finance News and Sina Finance.

Mr. Perez has been interviewed on CNBC’s Squawk on the Street, Worldwide Exchange, Cash Flow and Squawk Box, FOX BUSINESS’s Countdown to the Closing Bell and After the Bell, Bloomberg TV’s Market Makers, CNN en Español’s Dinero, Sina Finance, BNN’s Business Day, CCTV China, Bankier.pl, TheStreet.com, Leaderonomics, GPW Media, Channel NewsAsia’s Business Tonight and Cents & Sensibilities. In addition, Mr. Perez has been globally featured on FXFactor, Columbia Business, OpenMarkets, Sohu, News.Sina.com, Yicai, eastmoney, Caijing, ETF88.com, 360doc, AH Radio, CNFOL.com, CITICS Futures, Tongxin Securities, ZhiCheng.com, CBNweek.com, Caixin, Futures Daily, Xinhua, CBN Newswire, Chinese Financial News, ifeng.com, International Finance News, hexun.com, Finance.QQ.com, Finance.Sina.com, The Korea Times, The Korea Herald, The Star, The Malaysian Insider, BMF 89.9, iMoney Hong Kong, CNBC, Bloomberg Hedge Fund Brief, The Wall Street Journal, The New York Times, Dallas Morning News, Valor Econômico, FIXGlobal Trading, TODAY Online, Oriental Daily News and Business Times.

Mr. Perez has been engaged to present at the Council on Foreign Relations, Vadym Hetman Kyiv National Economic University (Kiev), Quant Investment & HFT Summit APAC 2012 (Shanghai), U.S. Securities and Exchange Commission (Washington DC), CFA Singapore, Hong Kong Securities Institute, Courant Institute of Mathematical Sciences at New York University, University of International Business and Economics (Beijing), Hult International Business School (London and Shanghai) and Pace University (New York), among other public and private institutions. In addition, Mr. Perez has spoken at a number of global conferences, including Inside Market Data 2013 (Chicago), Emerging Markets Investments Summit 2013 (Warsaw), CME Group’s Global Financial Leadership Conference 2012 (Naples Beach), Harvard Business School’s Venture Capital & Private Equity Conference (Boston), High-Frequency Trading Leaders Forum (New York, Chicago, London), MIT Sloan Investment Management Conference (Cambridge), Institutional Investor’s Global Growth Markets Forum (London), Technical Analysis Society (Singapore), TradeTech Asia (Singapore), FIXGlobal Face2Face (Seoul) and Private Equity Convention Russia, CIS & Eurasia (London).

Mr. Perez was a vice president at Citigroup, a senior consultant at IBM, and a strategy consultant at McKinsey & Co. in New York City. Mr. Perez has an undergraduate degree from Universidad Nacional de Ingeniería, Lima, Peru (1994), a Master of Administration from Universidad ESAN, Lima, Peru (1997) and a Master of Business Administration from Columbia Business School, New York, with a dual major in Finance and Management (2002). He belongs to the Beta Gamma Sigma honor society. Mr. Perez resides in the New York City area and is an accomplished salsa and hustle dancer.

China Leaders Forum 2013 is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to info@goldennetworking.net.

Media Contact:
Julia Petrova
Media Relations Coordinator
Golden Networking
+1-414-FORUMS0
jpetrova@goldennetworking.net
http://www.goldennetworking.net

Business

Golden Networking’s China Leaders Forum 2013 to Review Status of Financial and Political Reform

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Building off of the momentum of past conferences, Golden Networking brings back China Leaders Forum 2013 (ChinaLeadersForum.com), “Will the Chinese Dream Become Long-term Investors’ Dream or Nightmare?”, New York, October 1st.

New York City, NY, USA (September 18, 2013) — Golden Networking’s China Leaders Forum 2013, “Will the Chinese Dream Become Long-term Investors’ Dream or Nightmare?”, to be held on October 1st, New York City, will examine the political and economic challenges facing China nowadays and the long-term opportunities that will be created in the world’s largest economy by 2016. Recognized experts, regulators, and strategists, will return to China Leaders Forum 2013 (http://www.chinaleadersforum.com) in its fifth edition to provide the information practitioners are looking for in an open and unbiased environment, highly conducive to the most efficient and effective networking.

China’s journey in the last decades has been nothing short of extraordinary. Hundreds of millions have been lifted out of poverty while hundreds of millions more have joined the new middle class. Furthermore, a new generation of billionaires is recreating capitalism both inside and outside the mainland. China’s global influence is expanding and within a decade its economy is expected to overtake America’s.

As China’s importance in the world economy has grown, investors’ appetite in venture capital, private equity and capital and real estate markets remains is potentially growing. However, significant challenges persist. Goldman Sachs CEO Lloyd Blankfein has said that the Chinese government is “going to have to build up bigger equity markets inside China to create the securities that pools of capital need to have.”

The Chinese government is committed to rebalancing the country’s economy because their capital-intensive, export-oriented approach is delivering diminishing returns and threatens to become a major political vulnerability for the government. Now there’s more than economic growth though; President Jinping is promoting the new “Chinese dream”, one that relies on the rule of law and focuses on raising living standards for hundreds of millions more who still mired in poverty.

China Leaders Forum 2013 is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to info@goldennetworking.net.

Media Contact:
Julia Petrova
Media Relations Coordinator
Golden Networking
+1-414-FORUMS0
jpetrova@goldennetworking.net
http://www.goldennetworking.net

Business

Blue-ribbon Panels at Golden Networking’s China Conference to Review Progress of Chinese Reforms

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Building off of the momentum of past conferences, Golden Networking brings back China Leaders Forum 2013 (ChinaLeadersForum.com), “Will the Chinese Dream Become Long-term Investors’ Dream or Nightmare?”, New York, October 1st.

New York City, NY, USA (September 18, 2013) — Golden Networking’s China Leaders Forum 2013, “Will the Chinese Dream Become Long-term Investors’ Dream or Nightmare?”, to be held on October 1st, New York City, will bring a blue-ribbon lineup to discuss the status of financial and political reforms in the mainland. China Leaders Forum 2013 (http://www.chinaleadersforum.com), in its fifth edition, is gearing up to provide the information practitioners are looking for in an open and unbiased environment, highly conducive to the most efficient and effective networking.

Confirmed speakers to attend China Leaders Forum 2013 include:

– Ann Lee, Author, What the U.S. Can Learn from China
– Crocker Coulson, President, CCG Investor Relations
– Dan David, Co-founder and Vice President, GeoInvesting
– Edgar Perez, Author, The Speed Traders, Knightmare on Wall Street
– Harry Edelson, Managing Director, Edelson Technology Partners
– Janet Stites, Publisher, China Business Knowledge
– John Allen, Chairman & CEO, Greater China Corporation
– Jonathan Krane, CEO, Harvest Krane
– Lisa Prager, Partner, Schulte Roth & Zabel
– Minggao Shen, Managing Director, Citigroup
– Ned Cloonan, Managing Director, Liberty Square Group
– Neng Wang, Chong Khoon Lin Professor of Real Estate, Columbia Business School
– Peter Halasz, Partner, Schulte Roth & Zabel
– Reuben Guttman, Director, Grant & Eisenhofer
– Robert Vambery, Professor of International Business, Lubin School of Business

These distinguished speakers will discuss insightful and relevant subjects for all businessmen and investors interested in China:

– How American Interests Can Catch the Wave of Chinese Overseas Investing?
– Private Equity, Venture Capital and Capital Markets Investing in China
– Is Chinese Real Estate Headed Towards a Bubble?
– The Rule of Law and its Role in Achieving the Chinese Dream

China Leaders Forum 2013 is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to info@goldennetworking.net.

Media Contact:
Julia Petrova
Media Relations Coordinator
Golden Networking
+1-414-FORUMS0
jpetrova@goldennetworking.net
http://www.goldennetworking.net

Business

Actyl Group to Help Companies with Latest Changes to AINP

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Pilot project allows for increased allocations for foreign workers in the foodservices industry.

Edmonton, AB, Canada (September 17, 2013) — Actyl Group, a leading recruiter for the Canadian labor market, has announced that it will help businesses and organizations make the most out of recent changes to the Alberta Immigrant Nominee Program (AINP).

The changes, which come as part of the Foodservices Industry Pilot Project, include increasing the foreign worker allocation limit per restaurant location until November 28, 2013. Actyl Group is ready to leverage its expertise in this area to help companies complete the proper documentation to take advantage of the pilot project.

“This is a big opportunity for foodservice companies to find, recruit and hire dependable, skilled foreign workers for their restaurant locations-but you have to act fast,” said Dr. Linda West, president of Actyl Group. “This program is only available until late November, and it takes some time to fill out and submit the necessary paperwork. The team at Actyl Group is happy to assist with this complex process.”

As part of the pilot project, foodservice industry employers may apply for at least one candidate per each restaurant location, and up to 20 percent of the location’s current workforce. For example, if a restaurant currently has 25 employees, it may nominate as many as five foreign workers. If 20 percent of the current workforce results in a partial figure, it will be rounded up to the next highest full number.

The pilot is open to employers that are both new to hiring foreign workers and those that have been approved for AINP in the past, although the positions must be full time and fall under the categories of food and beverage server, food counter attendant or kitchen helper.

In addition to the Foodservices Industry Pilot Project, AINP’s 2013 Hotel and Lodging Additional Allocation Initiative has temporarily removed this year’s per-location allocation limit for front desk clerks, food and beverage servers and room attendants. Until the end of the year, employers may apply for as many foreign candidates as they need in these three areas.

“The labor shortage in western Canada has many employers looking to other countries to fill needed positions,” said West. “This is a great effort being made through AINP, and one that will help boost the economy of Alberta and the rest of the country.”

Actyl Group, with offices in Edmonton, Winnipeg, Regina and Calgary, offers international workforce solutions that help its clients resolve difficult human resources issues and find highly qualified workers from across the globe. To learn more about the company and the services it offers businesses and organizations, visit http://www.actyl.com.

Please direct inquiries to: Luma Hameed, (888) 883-2731 ext.209, lhameed@actyl.com

Entertainment

Grammy Winning Disco Diva Thelma Houston Announces New Side Project with Emerging Producer Janitor

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Debut EP “Fortytwo” to be Released September 17, 2013

Los Angeles, CA, September 17, 2013 – Original songs aren’t a dime a dozen. It may be hard to recreate such a sound from one of American music’s most famous disco diva icons, Thelma Houston. Add into the mix a 28 year old producer named JANITOR who is deeply embedded in the Los Angeles indie rock scene and you have “fortytwo” – the EP concept and the actual age difference between Houston and JANITOR and an innovative new side-project that challenges the limit of an unlikely collaboration that incorporates both contemporary and vintage sounds.

Houston is well-known to the world of Disco, R&B and Motown. One of her most notable singles during that period was “You’ve Been Doing Wrong for So Long” which secured her a Grammy nomination for a Best Female R&B Vocal Performance. Houston released her third album Any Way You Like It in 1976. The first single released was her version of Harold Melvin & the Blue Notes’ 1975 song “Don’t Leave Me This Way”. In February 1977 the track hit Number 1 in the U.S. on the R&B and Club Play Singles charts and in April 1977 on the Hot 100 Charts. “Don’t Leave Me This Way” won Houston the Best Female R&B Vocal Performance at the Grammys for 1977.

Most recently she has teamed up with JANITOR, an up-and-coming producer and multi-instrumentalist who has played on hundreds of records as a cellist and bassist for veteran bands. Together they have formed this creative relationship built on respect and friendship.

This project is a testament to how an unlikely pairing can collaborate as they formed this partnership by creating songs that truly speak about their issues. Keeping an open mind, blending genres, styles, and focusing on the emotional context is what “fortytwo,” is about and not necessarily of the mindset if it will sound more like a pop or mainstream or commercially successful music release.

Infusing electronic and R&B and indie pop music, listeners can hear almost every genre in the five-song EP as JANITOR cites his taste in everything from jazz, hip hop to powerpop. Each song is a journey that starts from dark to light – raw, uncensored, thought-provoking lyrics is what JANITOR describes as “Conscious Club” music. They are making music that has a specific idea around it. It’s also the next generation of Thelma’s sound.

“Enemy,” is the first track from the album and first planned single and instantly draws you in with its minimal production and heavy lyrics. Houston’s stellar vocals and repetitive bass are prominent on this track with lyrics such as “Are you living with the enemy? Is the enemy in your head? Can you be good to yourself? Do you forgive yourself? Can you love yourself?”

Soulful, but yet dark, listeners can instantly understand how personal this EP release comes to life. “Enemy” is an ongoing song with the track clocking in just under six minutes which leaves one wanting more and the song closes with an excerpt of JANITOR’s string section. It was the first song they wrote together.

“Colorblind,” the fourth track from the EP, is about race relations and is meant to be an inspirational piece because it touches upon a controversial subject. JANITOR infuses a pop/punk and goth tone that also elevates during the chorus with positive, uplifting lyrics.

JANITOR and Houston are both drawn from each other’s musical and life experiences as they’ve co-written each song on the release.

The “fortytwo” EP will be released September 17, 2013 on most major digital retail stores.

For more information on Thelma Houston & JANITOR: http://thelmahouston.com
http://twitter.com/thelma_houston, http://soundcloud.com/thelmahouston

Contact:
Chip Schutzman
Miles High Productions
P.O. Box 93157
Hollywood, CA 90093
323-806-0400
chip@mileshighproductions.com
http://www.mileshighproductions.com/