Category Archives: Business

In Search of Liquidity at Tech2Trade 2013, World’s Most Influential High-frequency Trading Conference

June 25, 2013 staronepr Leave a comment

Golden Networking brings Tech2Trade Expo 2013 (www.Tech2TradeExpo.com), World’s Most Influential Alternative Investments Conference Series, including High Frequency Trading Leaders Forum 2013, “Strategic and Tactical Insights for Investors, Speed Traders, Brokers and Exchanges,” New York City, London, Chicago, Singapore and Frankfurt (www.High-Frequency-Trading-Conference.com).

New York City, NY, USA (June 25, 2013) — A deeply liquid market is considered a sign of a healthy market with lots of participants, but Commissioner Bart Chilton, Commodity Futures Trading Commission, says all liquidity may not be the same and could be distorting markets. The CFTC is concerned that some of the liquidity that may be provided by high-frequency traders could be “fantasy liquidity created by ‘wash’ sales,” which is prohibited under both the Commodity Exchange Act and exchange rules.

High-frequency traders enter and exit the market quickly and can do so multiple times a day, helping to create a more liquid market. But they’re a relatively new addition to the trading world and Chilton said how they operate needs closer scrutiny, especially since at times they can be 30% to 50% of a market. The concern is over “wash” trades, which happens a trader trades with himself, in other words puts out a bid price and matches it. “If you’re trading with yourself, you have nothing to lose, you’re not taking a risk. If this was occurring a little bit, it would be no harm, no foul,” Chilton said.

However, he said, this is happening more than a little bit, calling the wash trades “voluminous.” Chilton said there may be two reasons why these wash trades are happening. One is to make it look like there is deep volume to entice other people to trade those markets. Second, these traders may be part of legitimate market-maker programs, which is when an exchange pays a market-maker to provide liquidity. “But it’s dangerous if you’re trading with yourself and taking no risk. It can also affect price discovery and hurts consumers,” he said.

To discuss the eternal liquidity challenge, Golden Networking is pleased to host Tech2Trade Expo 2013’s High Frequency Trading Leaders Forum 2013 (http://www.High-Frequency-Trading-Conference.com), “Strategic and Tactical Insights for Investors, Speed Traders, Brokers and Exchanges”, this July 30 in New York City, September 18 in London., October 8 in Chicago, October 24 in Singapore and November 21 in Frankfurt.

“Strategic and Tactical Insights for Investors, Speed Traders, Brokers and Exchanges,” is the theme of High-Frequency Trading Leaders Forum 2013, forum that will provide attendees in New York City, London, Chicago, Singapore and Frankfurt with the most up-to-date review of where this ever-changing industry stands through an insightful keynote speeches and thought-provoking panels with leaders in the field. “High-frequency trading will no doubt play an ever larger role as computer technology advances and the global exchanges embrace fast electronic access.” said Edgar Perez, author of The Speed Traders and the forthcoming Knightmare on Wall Street. Recognized experts, regulators, and strategists, will return to High-Frequency Trading Leaders Forum 2013 to provide the information practitioners are looking for in an open and unbiased environment, highly conducive to the most efficient and effective networking.

High Frequency Trading Leaders Forum 2013, co-located with Hedge Funds Leaders Forum 2013 and Derivatives Trading 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 download our Information Package or contact Golden Networking directly by calling +1-414-FORUMS0 or sending an email to information@goldennetworking.net.

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

Business

New Regulatory Regimes for Derivatives at Tech2Trade Expo’s Derivatives Trading Forum 2013

June 25, 2013 staronepr Leave a comment

Golden Networking brings Tech2Trade Expo 2013 (www.Tech2TradeExpo.com), World’s Most Influential Alternative Investments Conference Series, including Derivatives Trading Forum 2013, “Global Implementation of Regulatory Reform in the $640 Trillion OTC Derivatives Market,” New York City, London, Chicago, Singapore and Frankfurt (www.DerivativesTradingForum.com).

New York City, NY, USA (June 25, 2013) — Over the past five years, the European Union and the U.S. have developed separate, new regulatory regimes for derivatives, aimed at protecting our financial systems, economies and taxpayers from a repeat of the 2008 crisis. European Markets and Infrastructure Regulation, the EU’s strict and comprehensive set of rules for derivatives transactions, became law in August and took effect in March. EMIR fulfills the commitments made by the leaders of Group of 20 nations to improve safety and transparency by requiring reporting and mandatory clearing for derivative trades. Trading rules will soon follow.

EMIR is stricter and broader in scope than the Dodd-Frank Act of 2010, which regulates U.S. markets. For instance, in Europe, all financial companies regardless of size are required to clear their derivatives trades and report them to trade repositories, and there is no carve-out for foreign-exchange transactions. The EU’s capital standards for clearing houses are much tougher. EMIR’s transparency obligations, both pre-trade and post-trade, are more rigorous than those in force in the U.S.

Following the entry into force of these regulations, market participants are dealing with a complex list of requirements to be fulfilled at different deadlines in the coming months. For market participants, the key challenge will be to meet the central clearing and trade reporting obligations, while regulators strive to ensure consistency with foreign jurisdictions so as to limit the unintended effects of extraterritoriality.

Golden Networking is pleased to host at Tech2Trade Expo 2013’s Derivatives Trading Forum 2013 (http://www.DerivativesTradingForum.com), this July 30 in New York City, September 18 in London, October 8 in Chicago, October 24 in Singapore and November 21 in Frankfurt. Derivatives Trading Forum 2013, “Global Implementation of Regulatory Reform in the $640 Trillion OTC Derivatives Market”, aims at critically reviewing recent regulatory developments and identifying opportunities and challenges in the implementation process, which may influence its full entry into force in America, Europe and Asia. This recent regulation, with its implementing rules, will certainly reshape OTC derivative markets and produce structural changes in the financial industry, with effects for the real economy.

Golden Networking’s Derivatives Trading Forum 2013, “Global Implementation of Regulatory Reform in the $640 Trillion OTC Derivatives Market”, will provide attendees with answers to all their questions on how to successfully navigate the new regulatory landscape for over-the-counter and exchange-traded derivatives, devise profit-increasing strategies to enhance the performance of their trading desks and anticipate further developments in the industry. Recognized industry experts will provide attendees with the information they are looking for in an open and unbiased environment. Leaders in the industry will also discuss long-term market and industry perspectives, taking into consideration the interaction of the Dodd-Frank Act and EMIR with other pieces of legislation.

Derivatives Trading Forum 2013, co-located with Hedge Funds Leaders Forum 2013 and High Frequency Trading 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 download our Information Package or contact Golden Networking directly by calling +1-414-FORUMS0 or 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

Chasing Alternative Investments Risk-Adjusted Alpha at Tech2Trade’s Hedge Funds Leaders Forum 2013

June 25, 2013 staronepr Leave a comment

Golden Networking brings Tech2Trade Expo 2013 (www.Tech2TradeExpo.com), World’s Most Influential Alternative Investments Conference Series, now incorporating Hedge Funds Leaders Forum 2013, “Getting Ready to Manage $5 Trillion by 2016,” New York City, London, Chicago, Singapore and Frankfurt (www.HedgeFundsLeadersForum.com).

New York City, NY, USA (June 25, 2013) — As hedge funds have matured as an alternative asset class they have been increasingly embraced by institutional investors of all sizes, as well as high net worth investors, Tim Ng, Managing Director, Clearbrook Global Advisors, says. Their very success or perceived non-success may also be creating confusion for some investors. This issue is more important than ever before due to the changing landscape of hedge fund investing that has shifted from predominantly an asset class filled with high net worth investors, to now being dominated by major institutional investors.

The growing dependence on hedge fund returns by institutional investors to provide alpha and downside risk mitigation versus traditional long only assets makes it more important than ever to properly identify, understand and employ the proper hedge fund to meet the specific return, risk and liquidity objectives of the institutional investors. Over many years and now decades, we believe that hedge funds have been a misunderstood asset class due to investors and advisors alike grouping hedge funds into a single melting pot and believing any hedge fund should be able to accomplish what the client needs.

Institutional investors today are confronted with achieving acceptable rates of return and the need to mitigate downside risk. Pension funds in this low interest rate environment are seeing their underfunding status worsen, and endowments are needing to find other means with which to meet their annual spending needs. Therefore, Ng says, it is important for institutions to ferret out and employ investments that can meet their targeted rates of return without taking on an inordinate amount of risk. The choice of the appropriate hedge fund to either provide risk/adjusted alpha versus equities or a moderate fixed income like return can help institutions to reduce their volatility and enhance returns over time. Lower volatility and smaller potential portfolio draw-downs lead to a greater wealth effect and compounding of return for the institution.

The consistent compounding of returns will permit institutions to better meet their liabilities and spending needs, as hundreds of the most important players in alternative investments in the world will find out at Tech2Trade Expo 2013’s Hedge Funds Leaders Forum 2013 (http://www.HedgeFundsLeadersForum.com), “Getting Ready to Manage $5 Trillion by 2016”, this July 30 in New York City, September 18 in London., October 8 in Chicago, October 24 in Singapore and November 21 in Frankfurt. A virtual who’s who will soon follow as one legendary manager after another will take the stage. Billions of investable assets will be represented by influential local and international investors who will listen with rapt attention as star managers and analysts discuss and debate the biggest issues facing the industry today.

Hedge Funds Leaders Forum 2013, co-located with High Frequency Trading Leaders Forum 2013 and Derivatives Trading 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 download our Information Package or contact Golden Networking directly by calling +1-414-FORUMS0 or sending an email to information@goldennetworking.net.

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

Business

T5 Data Centers Projects T5@Dallas Customers Can Save Millions from New Texas Tax Incentive Bill

June 25, 2013 staronepr Leave a comment

Realize Substantial Savings from New HB 1223 Tax Legislation T5 Data Centers One of the Few Data Center Operators Prepared Today to Help Companies.

Dallas, TX, USA (June 25, 2013) — T5 Data Centers, innovators in providing state-of-the-art, customizable and highly reliable computing support environments for any enterprise, is advising clients to take full advantage of the new tax incentives offered in HB 1223, the new Texas sales tax exemption for data centers that goes into effect September 1. T5 sources estimate that companies leasing space in the new purpose-built T5@Dallas facility can realize savings from $30 million to $100 million depending on the number of critical megawatts (MW) needed and the length of the lease.

HB 1223 is a stimulus bill that exempts qualified companies from state sales taxes for the development, occupancy and operation of certain data centers. Based on internal estimates, T5 customers operating a data center at 6 critical MWs could potentially realize savings of $30 million over 10 years in tax on servers, software and energy. A company with 12 critical MWs could save as much as $101 million over 15 years in taxes on servers, software, and energy costs. Exemptions include the cost of gas and electricity costs, electrical systems, cooling systems, backup systems, servers, data storage, networking equipment, rack space, fixtures, and more. T5 Data Centers’ T5@Dallas campus has space available for lease in its 22.5 MW facility, and plans to expand with an additional 12.0 MW facility to be built in the near future. T5 customers investing a minimum of $200 million will qualify for a 10-year tax exemption; customers investing $250 million will qualify for a 15-year tax exemption.

“Today’s data center users are not only searching for robust and secure environments, but first class locations as well. These new tax incentives make Plano’s Legacy Business Park an even better location for an organization looking to install a mission-critical data facility. T5@Dallas, more than ever, is the best data center in the best location for business in Texas,” said Martin Peck, General Manager of T5@Dallas.

The new tax legislation includes a requirement for qualifying data center customers to create at least 20 new full-time jobs. Certified data centers must be specifically built to house servers, data processing, and data storage equipment. In addition, the data center tenant must occupy at least 100,000 square feet and the center must be used primarily for telecommunications services.

“With passage of this new legislation, Texas becomes the 25th state to offer tax incentives for new data center installations,” said Peter S. Marin, President and CEO of T5 Data Centers. “This is a proven means to stimulate technology growth, and as T5 continues to add new data centers around the country, we look at the local economic climate, including taxes, as well as geographic conditions, the cost of energy, and other criteria to make sure our customers have the most cost-effective, sustainable data center facilities available.”

About T5 Data Centers
T5 Data Centers (T5) is a leading national data center owner and operator, committed to delivering customizable, scalable data centers that provide an “always on” computing environment to power mission critical business applications. T5 Data Centers provides enterprise and wholesale colocation data center services to organizations across North America using proven, best-in-class technology and techniques to design and develop facilities that deliver the lowest possible total cost of operations for its clients. T5 currently has business-critical data center facilities in Atlanta, Los Angeles, Dallas, and Charlotte with new projects announced in Portland and Colorado. All of T5’s data center projects are purpose-built facilities featuring robust design, redundant and reliable power and telecommunications and have 24-hour staff to support mission-critical computing applications.

For more information, visit http://www.t5datacenters.com.

Contact:
Aaron Wangenheim
T5 Data Centers
(415) 292-7700
aaron@t5datacenters.com

Business, Internet & Online, Small Business, Software, Technology

Maps by Zip Codes Through Topo.ly Online Mapping Help Companies Manage Teams

June 21, 2013 EPR Network Leave a comment

To gain business, entrepreneurs should have a knack of winning potential customers’ attention. They should be able to project the needs of customers and execute a plan to achieve their goals. A reliable tool like Topo.ly online mapping site is an easy-to-use BI tool that can readily help businesses win more customers. It allows its users to create a map based on location-target markets. By doing so, users can help their customers understand how the business will aid them every step to success.

Direct sales and marketing departments would want to make sure that their sales and managers are in the sales forefront in their respective territories. Business heads can tie-up with Topo.ly to create unlimited maps by zip codes. This will give their teams the necessary visuals on what strategies to take, plans to create and ideas to implement.

Online Mapping Solutions for Local and Targeted Marketing Issues

“Topo.ly is the easiest, most affordable and most flexible mapping solution for my web site I could find. Within 30 minutes I had my map up and when I hit a snag, customer service was right there to help. Thanks Topo.ly for making what I thought would be a mega job into something so easy!” That was well-said by Inez Steele from Realty Guild.

To be true to its commitment to make mapping simple, Topo.ly develops features that are user friendly and at the same time drive results better and faster. It makes creation of maps with zip codes possible in less than 5 minutes using one from the long list of territory zip code sets in the US. Direct sales organizations can customize their maps to give way to more in-depth analysis based from the individual performance of their sales agents.

Aside from US Zip Code territories, businesses can also take advantage of creating maps with zip codes like the 3-digit zip codes and PUMA territories.

Add-On Values by Topo.ly Online Mapping

Share Maps

To help the teams focused on one goal, maps by zip codes created through Topo.ly can be shared by team managers to their sales agents. This gives them access to view an exceptional data visualization and can immediately act upon not only to meet the goal but moreso, to exceed expectations for them.

Embed a Map

Company owners have the option to embed a map on their websites. It significantly plays as a guide to all teams on which areas they should focus.

Direct sales companies can maximize their efforts by using Topo.ly online mapping to monitor where they should focus each sales team, to identify opportunities, protect assets and create new and innovative ideas to promote the business.

Contact Details: contact@topo.ly
http://topo.ly

Business

Gorham Appoints Commercial Paper Agents as Exlusive European Distributor

June 21, 2013 straightlinepr Leave a comment

Targets International Growth of Specialty Packaging Papers

Gorham, New Hampshire, June 20, 2013 – Gorham Paper and Tissue announces the appointment of Commercial Paper Agents (CPA) as its exclusive distribution partner in Europe for its specialty packaging products.

Targeting European packaging converters and end users, CPA will focus on selling Optix™, a comprehensive line of specialty papers for food packaging engineered with grease resistance, wet strength and other functional properties.

“We are pleased to partner with Tom Radtke and the CPA team. They bring a tremendous amount of experience and insight about the needs of the European market,” said Brian McAlary, Vice President of Sales and Marketing for Gorham. “The response to our packaging papers domestically has been phenomenal. With the guidance of CPA, we anticipate the same reception in Europe.”

CPA was recently launched by paper industry veteran, Tom Radtke. Headquartered in Dresden, Germany, CPA is centrally located to service Central, Eastern and Western Europe. The CPA team has a network of highly trained technical and sales professionals in place targeting markets that require specialty papers.

“With decades of experience, we know the packaging segment. Given the recent market dynamics, our customers are looking for new sources of high quality technical papers,” added Tom Radtke. “We look forward to introducing the Gorham products to customers in Europe.”

Optix is offered in bleached and natural options in 30 – 90 g/m2 (18-55 lb., 24 x 36/500) with grease resistance and wet strength. The line is ideal for a range of Quick Serve Restaurant (QSR) and other food packaging including wraps, pouches, bags and liners. Gorham also makes various bases used for waxing, coatings and laminations. All products are FDA compliant for direct and indirect food contact and meet ISEGA and BRC/IoP standards. SFI, FSC and PEFC chain-of-custody fiber certification is available upon request.

About Gorham Paper and Tissue
Gorham targets niche technical markets with broad portfolio of custom-engineered products including high-quality Specialty Packaging, Converting, Engineered and Printing Papers, Tissue and Towel. Using scale and leanness as an advantage, the company challenges industry convention in the areas of manufacturing flexibility, product development lead times and its go-to-market strategy.

In May 2011, the Gorham facility was acquired with support from investment funds managed by Patriarch Partners, LLC (Patriarch). Patriarch is a private equity firm and holding company managing 75 companies across 14 industry sectors with revenues in excess of $8 billion. Founded by Lynn Tilton in 2000, Patriarch focuses on the acquisition and invigoration of undervalued iconic American brands where time, capital and sound strategy can rescue a business and restore its value, creating and preserving jobs in America.

About CPA:
CPA is committed to providing converters and end users with a full spectrum of specialty papers from reliable, high quality sources; responsive technical support; product innovation through mill relationships; and supply chain management for raw materials throughout Europe. With decades of global experience, CPA delivers customers unprecedented market knowledge combined with a level of personalized service unmatched in the industry. The CPA technical team will work with mill partners to develop new paper grades that target specific technical applications and meet daily demands in various markets.

Contact:
Pam Miller
Director of Marketing
Gorham Paper & Tissue
72 Cascade Flats
Gorham, NH 03581
203-829-4757
Pam.miller@gorhampt.com
http://www.gorhampt.com/

Business

Long Island Authors and Writers Society Members Sign Books at Summer Festival

June 21, 2013 staronepr Leave a comment

Authors of children’s, young adult and family friendly books will sign books and meet readers during Harbes Family Farm Sweet Corn Festival on July 13.

Mattituck, NY (June 21, 2013) — Amid an array of singing hayrides, pig races, farm animals, antique tractors, beekeeping exhibits and bushels of what has been called by Newsday, the ‘best corn on Long Island’, author members of Long Island Authors and Writers Society will be at Harbes Family Farm in Mattituck on Saturday, July 13 from 11 AM until 3 PM during Harbes Farms Sweet Corn Festival.

Included in the lineup of LIAWS authors are: ten-time award winning children’s author and children’s motivational speaker, Yvonne Capitelli, children’s book author Dr. Loraine Alderman, an advocate for children with learning disabilities who recently received Book of the Year Award, on-air radio personality and children’s book author, Lisa A. Dabrowski, elementary educator Valerie Pfundstein the author of Veterans, Heroes In Our Neighborhood, and author Tom Gahan, whose novel Harmony Bay was influenced by places and events on eastern Long Island during the American Revolution and became required reading at several Long Island high schools.

The author’s works represent several subjects including character-building, farm life, history, science, and community relations. “We feel this is a good matchup of writing talents and titles with this venue. We look forward to meeting writers and aspiring authors from around Long Island,” says Tom Gahan, president of the not-for-profit LIAWS that mentors and develops writers at all levels.

“Harbes Farm is an amazing place. Their attention to detail, variety and focusing on the wants and needs of children is outstanding,” says Capitelli. “It’s a place where all ages can enjoy themselves. There’s something for everyone. We are honored to be included in Harbes Sweet Corn Festival activities.”

During Harbes’ Annual Sweet Corn Festival, which this year celebrates 25 years of growing super-sweet corn on their Mattituck farm, many children-friendly activities are planned. For adults the farm also features a vineyard and a 100-year-old barn for wine tasting where Harbes award-winning wines can be sampled.

“I too am delighted to be part of the annual Sweet Corn festival this year,” added Dabrowski. “As a North Fork native, I am very proud of my own family’s agricultural heritage and feel that it is important we continue our farming traditions on the East End. Harbes Farm is playing a vital role in doing that.”

These notable LIAWS authors will be on hand at Harbes Family Farm, 715 Sound Avenue, Mattituck, NY from 11 AM until 3 PM on Saturday, July 13.

More about LIAWS:
The Long Island Authors and Writers Society is a not-for-profit organization dedicated to support and promote the craft of writing through supporting one another, mentoring its members, educational programs, in-school programs, book events and events related to writing, and community outreach to residents of Long Island interested in writing. LIAWS nurtures writers and authors at all levels of development in a mutually beneficial environment. LIAWS: provides a trusting atmosphere where authors and writers can come together to meet their individual needs and share information for the good of the whole, supplies strong motivational programs of interest to all writers, offers the opportunity for members to network on different levels according to their needs, provides an environment that promotes authors, and encourages writers to strive to publish their work. All members pledge to support one another and to be involved in supporting the activities of the organization. For further information, please visit http://www.liaws.org.

More about Harbes Family Farm:
Harbes Family Farms, based in Mattituck, Long Island New York has 5 unique agro-tourism properties spread across more than 200 acres. In the farms situated in Mattituck, NY and Jamesport, NY are planted: sweet corn, field corn, grape vineyards, berries, melons, pumpkins and other produce. Farm stands, family based farm activities, and wine tasting rooms compliment the working farms. The Harbes family has been farming Long Island for 13 generations. For further information, please visit: http://www.harbesfamilyfarm.com.

Media Contact:
Tom Gahan
Tel: 631-369-0063
E-Mail: liawsorg@gmail.com
Web: http://www.LIAWS.org

Business

Gorham Paper and Tissue Announces Specialty Papers Price Increase

June 20, 2013 straightlinepr Leave a comment

Gorham Paper and Tissue Announces $50/ton price increase to offset to offset rising raw material and energy costs.

Gorham, New Hampshire, June 19, 2013 – To offset rising raw material and energy costs, Gorham Paper and Tissue announced today a $50/ton price increase for Packaging and Lightweight printing grades effective with July 15th shipments.

Since the fall, Gorham has experienced double digit price increases in the areas of pulp, PCW, natural gas and power. The costs increases are too great for the company to offset through productivity improvements and cost savings programs.

“Our customers understand our need to balance profitability and competitiveness. We pride ourselves on pricing our consistency in the market; however, a 10-15% increase across the board for fiber and energy is impacting our margins,” said Brian McAlary, Vice President of Sales and Marketing for Gorham. “With a lens toward long-term viability, our decisions are building a stronger business that supports innovation, service and capital investment.”

Launched in 2011, Gorham has transformed its business through the installation of a state-of-the-art tissue machine and a sharpened focus on delivering highly engineered specialty papers.

About Gorham Paper and Tissue:
Gorham targets niche technical markets with broad portfolio of custom-engineered products including high-quality Specialty Packaging, Converting, Engineered and Printing Papers, Tissue and Towel. Using scale and leanness as an advantage, the company challenges industry convention in the areas of manufacturing flexibility, product development lead times and its go-to-market strategy.

Founded by Lynn Tilton in 2000, Patriarch focuses on the acquisition and invigoration of undervalued iconic American brands where time, capital and sound strategy can rescue a business and restore its value, creating and preserving jobs in America.

Contact:
Pam Miller
Gorham Paper and Tissue
72 Cascade Flats
Gorham, NH 03581
203-829-4757
pam.miller@gorhampat.com
http://www.gorhampt.com/

Business

Mabey Inc.’s CEO Robert Aylward a Finalist for Ernst & Young Entrepreneur of the Year award in Maryland

June 20, 2013 straightlinepr Leave a comment

CEO Robert Aylward Nominated as Finalist for Ernst & Young Entrepreneur Award

Elkridge, MD, June 19, 2013 – Mabey Inc., a leader in bridging, shoring, temporary roadways, and construction rentals, is proud to announce that its CEO, Robert Aylward, has been named a finalist for the Ernst & Young Entrepreneur Of The Year Award in Maryland. This award, given in 25 regions of the U.S., as well as in many locations abroad, honors leaders who are driving successful, innovative companies. The Maryland winner will be selected from among finalists who are judged by a panel of entrepreneurs and prominent leaders from business, academia, and the media.

“I’m deeply honored to be a nominee for this award, which is one of the longest running and most prestigious awards of its kind,” Mr. Aylward noted. “The award allows me to spotlight our innovative products and the incredible results that our hard working, professional employees have produced.”

The Ernst & Young Entrepreneur Of The Year has been celebrating entrepreneurs for more than 25 years and is the world’s most prestigious business award for entrepreneurs. The awards will be presented on June 26, 2013 in Baltimore.

About Mabey Inc.:
Mabey Inc. has more than 20 years of experience in serving the transportation, construction, and utility industries. We specialize in providing PE-certified engineered solutions with the rental or sale of equipment for bridging, structural shoring, excavation shoring, and temporary roadways. For more information, please visit www.mabey.com.

Contact:
Maria Fuster
Incite Creative, Inc
115 Wight Avenue, 95
Cockeysville, MD 21030
410-366-9479
maria@incitecreativeinc.com
http://www.incitecreativeinc.com

Business

Santerno Partners with Energy Absolute to Provide Inverters for Largest Solar Plant in Southeast Asia

June 19, 2013 staronepr Leave a comment

New contract will support 126 MW solar photovoltaic facility in Thailand.

IMOLA, Italy (June 18, 2013) — Santerno (http://www.santerno.com), the Carraro Group company that specializes in alternative energy electronics and industrial automation, today announced that the company has reached an agreement with Energy Absolute, the renewable energy business network in Thailand, to provide solar power inverters to the largest photovoltaic plant in Southeast Asia. Under the terms of the contract, Santerno will supply all the integrated inverters for the new utility-size plant being constructed in the Thai province of Nakorn Sawan.

Under the terms of the agreement, Santerno is delivering a three-phase solar inverter housed in an outdoor cabinet specified to withstand extreme weather conditions of the rainforest. The same type of product is currently being used in a photovoltaic facility under construction in Calexico, California, where temperatures can reach 120 degrees Fahrenheit. The agreement also calls for Santerno to oversee service and maintenance of the new system for two years, as well as support for photovoltaic systems in other parts of the country. Santerno will be launching a new service center in Thailand with a maintenance team on staff in the near future.

“Asia offers strategic and attractive growth prospects for Santerno,” said Marco Tecchio, Chief Executive Officer of Santerno. “The Carraro Group has been operating in China for a decade and as a result Santerno is one of the few international companies in the renewables market that has solar inverters installed throughout Southeast Asia. This agreement with Energy Absolute is an important milestone in our expansion into the Asian solar market. We are proud to participate in such a high-profile project that will contribute to saving the environment and producing clean energy.”

Santerno is aggressively expanding into new global markets with new contracts signed recently in South Africa and the United States.

About Santerno
Headquartered in Imola, Italy, with offices 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.santerno.com.

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