Category Archives: Business

Business, Shopping

Savinguae.com Expanding to Other Countries After a Great Success in UAE

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Savinguae.com is affiliated with over 50 clients right now and increasing the advertisers’ day by day.

Dubai, UAE — GCC has great potential for online promotions and that’s why more new websites are entering to the market month on month. There are many e-commerce companies who are moving ahead to other parts of the United Arab Emirates to expend their business. On the other side affiliates are also creating more domains to Saudi, Oman, Egypt and Qatar to grab more organic traffic to boost sales.

Internet penetration in UAE is 91.9% now which is one of the highest in the world. (Source: http://www.internetlivestats.com/internet-users/united-arab-emirates). Saudi Arabia has only 64.7% internet penetration and have much more scope to grow. This is also the reason more companies are now moving toward the Kingdom of Saudi Arabia. There is huge potential for online shopping and travel in Saudi and many international brands as Amazon also entered the market by taking a stake in Souq.com, one of the largest ecommerce portal in GCC region. Expected revenue from E-commerce in Saudi by 2017 is US$5,471m and expected to grow by 21-25% by 2021. The market is largely set for fashion and there is huge potential of growth in the country.

“As internet shopping is growing, there is huge scope for affiliate websites and blogs to attract customers by offering them more deals and offers at one place. There are many coupon code / deal websites who are collecting daily deals or offers from clients and listing them on their website to make it convenient for users to get saving options at one place”. You can get Souq Promo code, Namshi Coupon and Groupon Coupon codes online for free and save from 5% to 70% with these free coupons.

Savinguae.com is affiliated with over 50 clients right now and increasing the advertisers’ day by day. All customers can get free coupons and deals from the website to use at client’s website for saving. There are both exclusive and generic coupon codes listed on website and helping 1000’s of customers to save money online with shopping, travel and other transactions.

Media Contact:
Savinguae.com
savinguae@gmail.com
http://www.savinguae.com

Business

CycleBar Westgate West Celebrates the Coming of Fall and Back to School with Special Events, Sales and Campaigns

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CycleBar Westgate West, part of an emerging concept in premium indoor cycling, is getting ready for autumn with a number of events, special sales and cycling challenges.

San Jose, CA, September 11, 2017 — CycleBar Westgate West, part of an emerging concept in premium indoor cycling, is getting ready for autumn with a number of events, special sales and cycling challenges.

For example, for the Report Card Challenge, riders will receive a card and their goal is to go on as many different ride formats as they can. There are 12 different types of rides and three levels of winning CycleBar merchandise as prizes.

CycleBar Westgate is also offering a number of specials on classes and merchandise and apparel. During the month of September, four- and eight-pack monthly packages will be reduced: four classes per month for $69 per month; and eight classes per month for $129 per month. A VIP contract for $185 per month features unlimited rides and two guests passes.

Buy a monthly four-pack and get 20% off your next CycleBar Boutique purchase; buy an eight-pack and get 30% off; and buy a monthly unlimited package and get 40% off.

And if you’re a teacher or a student, you can get a discounted $15 drop-in class rate.

Catch CycleBar Westgate West at lululemon in Santana Row in San Jose on Sept. 16.

On Sept. 23, CycleBar Westgate West will be offering three 30-minute outdoor rides at the Cupertino Whole Foods. To sign up, for 1PM go to https://westgatewest.cyclebar.com/class-detail/?apptid=3315534, for 2PM go to https://westgatewest.cyclebar.com/class-detail/?apptid=3315535, and for 3PM go to https://westgatewest.cyclebar.com/class-detail/?apptid=3315536

CycleBar Westgate West will also be a sponsor for the Sharks Foundation 5K/10K on Sept. 30. Catch us at the start/finish line!

We also offer CycleGiving rides. These are a philanthropic movement where we partner with local organizations and charities to help them raise donations by creating exciting and energetic indoor cycling rides for companies, teams, groups, and families to help raise proceeds that benefit their cause. If you have interest in setting up a CycleGiving ride for your school, charity, or any non-profit close to your heart, please contact don.dasher@cyclebarwestgatewest.com.

About CycleBar Westgate West

Founded in 2017, CycleBar Westgate West is located in San Jose, California, and serves the greater Silicon Valley area. CycleBar delivers a premium indoor cycling experience via daily classes in its state-of-the-art CycleTheatre. CycleStar instructors lead workouts set to an invigorating mix of music and lights, helping riders reach their workout goals.

CycleBar Westgate West

5293 A Prospect Road

San Jose, CA 95129

http://westgatewest.cyclebar.com

westgatewest@cyclebar.com

Contact:

Marci Bracco Cain

Chatterbox PR

Salinas, CA 93901

(831) 747-7455

http://westgatewest.cyclebar.com

Business, Security, Technology

Cyber Security Risk Expert to Provide Key Insights for CEOs and Management Teams in London and Dubai

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Edgar Perez, author of The Speed Traders and Knightmare on Wall Street and former strategy consultant with McKinsey, partnering with Terrapinn Training in 3-Day Masterclass Cybersecurity to bring key insights for government officials, CEOs and board members on cyber security.

London, UK — Mr. Edgar Perez, author of The Speed Traders and Knightmare on Wall Street, is addressing senior government officials and executives from Europe and Asia at the 3-Day Masterclass in Cybersecurity organized by Terrapinn Training in London and Dubai. Perez is a well-known international futurist and cyber keynote speaker who currently offers Cybersecurity Due Diligence and Awareness Training services for Fortune 500 firms and private equity groups.

As information technology becomes ever more complex and Internet usage increasingly widespread, cybersecurity is becoming an increasingly important and business-critical field. Unfortunately, most organizations are not prepared to handle cybersecurity threats. In fact, 66% of IT and security professionals say that their firms are unprepared to recover from a cyberattack. A key example of this unpreparedness is the fact that many of the companies impacted by the recent WannaCry attack didn’t install critical updates into their Windows infrastructure that had been released by Microsoft back in March.

Perez’s workshops bring CEOs, board members and top executives up to speed on the most recent and battle-tested approaches to protect their companies’ valuable information and intellectual property from prying eyes of hackers and competitors, and leverage their cyber success in both cultivating stronger relationships with current and new clients and safeguarding the interests of all stakeholders, partners and employees.

Perez, author of Knightmare on Wall Street and The Speed Traders, is a recognized futurist, keynote speaker and director of programs targeted at board members, chief executive officers and senior executives looking for new ways to gain and maintain a competitive business advantage.

RECENT TESTIMONIALS
• “After working with a number of vendors, we found your team to be in a qualitatively different level. By that I speak to your deep expertise and exemplary professionalism.” Divisional Chief Information Officer
• “The team that Edgar has assembled is top-notch. There are no words to express our satisfaction with your high-quality delivery.” Member of the Board of Directors
• “Thanks for the great work training our employees. You really made a difference!” Global Chief Information Security Officer
• “The program provides a comprehensive approach for any organization to lead in cybersecurity readiness.” IT Security Coordinator

ABOUT EDGAR PEREZ
Mr. Edgar Perez is a published author, business consultant for billion-dollar private equity and hedge funds and Council Member at the Gerson Lehrman Group, Guidepoint Global Advisors and Research International, with subject matter expertise in cyber security, investing, trading, financial regulation (Dodd-Frank Act) and market structure.

He is author of Knightmare on Wall Street, The Rise and Fall of Knight Capital and the Biggest Risk for Financial Markets (2013), and 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, published in Bahasa Indonesia by Kompas Gramedia (2012).

Mr. Perez is course director of 3-Day Masterclass Cybersecurity, Longest Running Cyber Security Business Workshop and 3-Day Masterclass Quantitative Finance, The World of Quant Finance. He has presented his workshops in Singapore, Hong Kong, Sao Paulo, Seoul, Kuala Lumpur, Warsaw, Kiev, New York, Singapore, Beijing and Shanghai. He contributes to The New York Times and China’s International Finance News and Sina Finance.

Mr. Perez has presented to the Council on Foreign Relations, Vadym Hetman Kyiv National Economic University (Kiev), Quant Investment & HFT Summit APAC (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 (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 Cyber Security World Conference (New York), Inside Market Data (Chicago), Emerging Markets Investments Summit (Warsaw), CME Group’s Global Financial Leadership Conference (Naples Beach, FL), Harvard Business School’s Venture Capital & Private Equity Conference (Boston), High-Frequency Trading Leaders Forum (New York, Chicago), 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 has been interviewed on CNN’s Quest Means Business, 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, Petersburg – Channel 5, 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 featured on 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, Finance.QQ.com, hexun.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 was a vice president at Citigroup, a senior consultant at IBM, and a strategy consultant at McKinsey & Co. in New York City. Previously, he managed Operations and Technology for Peruval Finance. Mr. Perez has an undergraduate degree in Systems Engineering 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 is an accomplished salsa and hustle dancer and resides in the New York City area.

Media Contact:
Julia Petrova
Media Relations Coordinator
The Speed Traders
+1-414-FORUMS0
jpetrova@thespeedtraders.com

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Advertising, Business, Entertainment, Marketing

Westwind Balloon Co. Presents Michigan’s Fall Color Tour From a Hot Air Balloon

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“Michigan fall colors are spectacular flying OVER tree tops in a hot air balloon,” says Scott Lorenz, President and Chief Pilot of Westwind Balloon Company of Plymouth, Michigan.

Ann Arbor, MI, USA — Michigan’s fall color season is fast approaching and there’s no better way to see the colors than from a hot air balloon. Hot air balloonists offer a stunning platform from which to enjoy this once a year feast for the eyes. “Michigan fall colors are spectacular flying OVER tree tops in a hot air balloon,” says Scott Lorenz, President and Chief Pilot of Westwind Balloon Company of Plymouth, Michigan. (http://www.AboveMichigan.com)

“The palate of colors just takes your breath away,” says Lorenz “I love taking photos from the balloon especially when we fly over Island Lake State Park, it’s fabulous, it’s ten times better than driving. People just have no idea how pretty it is until they get above it.”

“Want to get a preview of a flight?” asks Lorenz, “I put together of some of our fall color flights. The views are incredible as we glide over canopy of trees. There’s no better way to enjoy Michigan’s fall colors than from a hot air balloon.” Check out a fall color flight with WDIV-TV of Detroit at: http://youtu.be/DzOMvjEgX-U

Most hot air balloon rides in Michigan last about one hour and Lorenz flies over the woods and streams of Kensington Park and Island Lake State Park. He and several other pilot friends meet at Park ‘n Ride area off Milford Road and I-96 (exit # 155) about 2 1/2 hours before sunset. From there he’ll launch helium balloons, determine the wind direction, then take a short drive to one of nine launch sites in the area that give the best views and best landing sites downwind.

What to wear? Lorenz suggests passengers wear tennis shoes and jeans. He says the air temp “upstairs” is within a couple degrees of ground temp so it’s not a factor. Cameras and video cameras are highly recommended to preserve the once in a lifetime moments while flying over the countryside.

Since fall color balloon flights are popular Lorenz suggests people call now to reserve a spot. Flights cost $695 for a private ride which is two passengers and the pilot. All flights are pre-paid. Visa, MasterCard, AMEX, Discover and PayPal are accepted. Gift certificates are available.

To really appreciate all of the fall color that Michigan has to offer, call a balloonist and schedule a flight today, the view is really better from above! Fall Color Video URL: http://youtu.be/1R-QsurhW6M

Westwind Balloon Company – Plymouth, MI, Flying over Kensington Park, Brighton, South Lyon and Milford. 734-667-2098 | http://www.westwindcos.com/balloon | Scott Lorenz, Pilot and Owner.

About Scott Lorenz
Scott Lorenz, a commercial balloon pilot since 1982, has logged 1,850 + hours in-flight. He has flown over Niagara Falls, The Great Wall of China, Disney World, the Olympics, Austria, Japan, Spain, Red Rock Canyon NM. He co-piloted a Guinness World Record flight to 19,000′ and a 20 hour-Gas Balloon flight from MI to KY. Westwind has been featured by FOX-2 Detroit, WDIV, WJR, The Detroit Free Press, Oakland Press, HOUR Detroit, to name a few and was named “most creative date” by It’s Just Lunch. In 2012 Westwind was name one of America’s Most Romantic companies for the balloon engagement flights. Scott’s Westwind Balloon Company offers unforgettable rides over Michigan’s breathtaking countryside. Balloon rides make terrific gifts!! Call 734-667-2098 or visit: http://www.AboveMichigan.com.

Westwind Balloon Company is a member of The Balloon Federation of America (BFA) and the Southeast Michigan Balloon Federation (SEMBA).

Michigan Fall Color Video: http://www.youtube.com/watch?v=2BDl12PjPqQ

Media Contact: Scott Lorenz | Westwind Co. | 734-667-2090

Business

Meet the Artist Paul Seftel — Paul is Available for Media Interviews and Studio Tours

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Paul Seftel’s journey as an artist began when he was only 4, thrown out of his first school for the crime of drawing a “lewd picture” of a dog standing up wearing a suit, taking a piss.

Salinas, CA, August 31, 2017 – Seftel has always pursued his own path, finding further study in Denver and learning masterful techniques in creating and applying paint and plaster. PS Project Space in New York, which he opened in 2011, served as a studio, gallery and collaborative project space for a few years.

Seftel has done several artist’s residencies around the world, living and working from a few months at a time to a few years in Taos, New Mexico, Denver and Vail, Colorado, Barcelona, Costa Rica, Hawaii and now in Pacific Grove at the American Tin Cannery.

“My work is very much about the physical elements and the textural emotional elements of our lives. The ephemeral motions of the crashing ocean waves to the way fog moves across the water somehow represent our timeless and changing human state to me,” says Seftel while sitting in his studio/workshop at the American Tin Cannery, a former commercial outlet center and one of the few surviving original sardine canneries at the edge of Cannery Row.

When talking to the London-born and raised artist, these elements, and how they organically become part of his work, are never far from any conversation about what he does and who he is.

Yet Seftel isn’t only inspired by nature, he’s compelled by it. He is aware that he is also a part of this same nature, and as such sees himself as a “co-creator” and “channel” in his artful process. This process doesn’t involve just conventional paints and brushes, but investigates the nature of surface, deconstructing traditional fresco formulas and ancient techniques, whilst integrating modern materials and chemistry. The mixtures and solutions are applied with the aid of gravity and his own active painting techniques.

One work could be composed of limestone, iron oxide, copper patina, pigments and polymer on canvas, while another could be cast gypsum, cast mineral stone an crystal. He adds layers and layers of colors, hues and textures that transform and react to each other to create yet another layer.

The bio on his website isn’t a recitation of what schools he attended or where his works are displayed, but about his journey as an artist.

“What is discovered is a ‘dynamic process,’ where awareness of internal experience and a connection with the creative forces of the universe is found,” he writes. “Confronting the many conundrums of time and space, the beauty of what we have and what has been lost is texturally explored, revealing patterns and depths in the endless layers of formless form behind the nature of the seen and unseen world.”

For Seftel it’s all about the process and he never really knows where it will take him, though for now, the Monterey Peninsula has captured him. Living the dream, the quality of the light, and the energy of earth, ocean and sky meeting on the central coast captures him in both reality and imagination.

Learn more at: http://www.paulseftel.com/

Visit his Pacific Grove Studio in the American Tin Cannery Building Address: 125 Ocean View Blvd Suite 311, Pacific Grove, CA 93950 Phone: (970) 376-1577.

Contact:

Marci Bracco Cain

Chatterbox PR

Salinas, CA 93901

(831) 747-7455

http://www.paulseftel.com/

Business, Healthcare, Media

Finding Temporary Care for Seniors Displaced by Disaster

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Many Seniors Displaced by Hurricane Harvey – How Local Senior Communities are Helping.

Dallas, TX, USA — We have all seen the horrific images of flooding and disaster along the gulf in Texas and Louisiana. This event has left thousands homeless and helpless, lacking basics as well as medical equipment, medication and help. Times like these leave the vulnerable, especially seniors, at a greater risk.

This is when neighboring communities open their doors to help those in need. From the mega-shelters, to churches, and small owner run assisted living homes, all are willing to help neighbors in need.

NewLifeStyles.com named as a Top Senior Living Website by Top5Reviewed.com, is a free, comprehensive guide to senior communities and care providers, not just in the Houston and Rockport areas, but nationwide. Where you can find senior homes offering respite, or temporary help for those displaced by the storm.

NewLifeStyles.com is a “one stop shop” where people can find and compare senior living communities & care providers across the country, from nursing homes in Texas, to assisted living and memory care in the Heartland, retirement communities in the New York and Boston, and even hospice providers in Alaska. You can find all licensed senior communities and care providers and more, including some pictures, videos, email forms, etc. The “robust blog content” contains tips for choosing a provider, moving, downsizing, caretaking and more.

We are receiving emails and notices from communities in Texas with openings, offering to take in seniors needing help. Let us help you find the help you need, rather that is temporary or long-term.

New LifeStyles is The Source for Senior Living and Care, providing free, comprehensive, quality information on senior communities and care providers nationwide. New LifeStyles offers free print guides covering many areas across the country, as well as a website and mobile site, reducing the frustration of trying to find information from multiple sources, agencies, or organizations. Whether looking for a nursing home, memory care, assisted living, independent living, home care or something else, New LifeStyles can help seniors and their loved ones make the best decisions to fit their needs.

If you would like more information about this topic, please contact at 1-800-869-9549 or jennifer@newlifestyles.com.

Media Contact:
Jennifer Campbell
New LifeStyles
800-975-9439
jennifer@newlifestyles.com

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Business

Bay Area Investment Manager With 18 Years of Experience Launches A Global High-Quality Growth Fund, Corvara Capital LLC

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The timing was right for investment manager Dave Geisler to strike out on his own after 15 years of working for private and public investment managers.

San Francisco, CA, August 30, 2017 — The timing was right for investment manager Dave Geisler to strike out on his own after 15 years of working for private and public investment managers.

Geisler founded and launched Corvara Capital LLC in March of this year, managing a global, high-quality growth, focused portfolio of 20-30 stocks offered through separately managed accounts (SMAs).

“This is something I’ve explored for a number of years and the timing was right,” says Geisler. “The firm was approved as a Registered Investment Adviser at the end of June, the infrastructure for the firm is now in place, and the fund has just recently launched.”

Geisler started his career in venture capital, working for Piper Jaffray Ventures, investing in early stage healthcare companies. He spent three years on the sell side covering the Internet sector for Cowen and Company, then spent the last 10 years working for a global equity manager and a domestic concentrated manager as a co-portfolio manager for Artisan Partners Global Equity and Lateef Investment Management, respectively.

Geisler believes his experience working for small companies like Lateef (20 employees) as well as larger firms such as Artisan (200 employees), give him the well-rounded experience and expertise to launch his own company.

“I’ve been on the buy-side for over 10 years, so I understand what clients are looking for in a global manager,” he says. “I have the experience and knowledge to run an asset management firm.”

Geisler has received a lot of support for his new venture, especially from those he has worked with, both fellow employees and clients.

“This business is about trust and relationships,” he says. “Former colleagues and friends have been very supportive, offering their help, opening accounts at Corvara and introducing me to new clients.”

He believes there are at least two things that make Corvara stand out from other similar firms: the fund is unique in that it is solely focused on quality, growth companies across the world and the product’s low-cost structure and transparency.

“Having a consistent investment philosophy is very important, individual and institutional investors look for this when they hire a portfolio manager,” he says. Dave is currently the largest client at Corvara and has invested his own capital to launch and support the firm.

Born in Belgium, where French was his first language, Geisler spent his school years, ages 7-17, on the Monterey Peninsula, graduating from York School. His parents, brother and sister, in fact, still live on the Peninsula. Geisler has also lived in Madrid, Spain and Minneapolis, Minnesota, but has spent the last 18 years in the San Francisco Bay Area.

Geisler graduated from University of California, San Diego with a bachelor’s degree in economics, with highest distinction, and a master’s degree in business administration from University of California, Berkeley with certificates in management of technology and entrepreneurship.

According to Corvara’s website, Corvara is focused on preserving and growing its clients’ assets by applying its investment criteria and using a disciplined investment process. Corvara focuses on “highly liquid global companies that meet our high-quality criteria: high or improving ROIC (return on invest capital), a quality balance sheet supported by consistent free cash flow, high barriers to entry, sustainable competitive advantages, operating in markets with stable growth, value creating capital allocation, proven management, and valuation that support-long term capital appreciation.”

Geisler believes Corvara’s “low-cost strategy for investors” and “full transparency” will serve its clients well in the long run.

Corvara Capital Investment Approach

Corvara believes that consistently applying growth and high-quality investment criteria, using a disciplined investment process, and building high active share portfolios can provide long term excess return above relevant benchmarks.

Corvara’s investment strategy rests on a limited number of core beliefs:

Quality

Corvara believes that high quality companies outperform in down markets and outperform the broad market over time. The highest quality companies have high returns on capital, attractive business models supported by higher barriers to entry, and sustainable competitive advantages addressing end markets characterized by stable growth.

Growth

Corvara identifies undervalued global companies expected to generate greater than average earnings growth. Quality companies with sustainable earnings growth outperform over time.

High Active Share

Corvara focuses on high conviction ideas and thus limits its portfolio holdings to 20 to 30 global, liquid, mid-to-large cap companies. High active share managers have outperformed diversified managers over the last 15 years.

Contact:

Marci Bracco Cain

Chatterbox PR

Salinas, CA 93901

(831) 747-7455

http://corvaracapital.com/

Aerospace, Business, Technology

VTOL AEROSPACE to Expand Product Portfolio with New VTOL UAVs Called Converticopters™

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VTOL AEROSPACE (formerly Elytron Aircraft LLC) is introducing a new line of UAV products called Converticopters, adding unmanned versions to its manned convertiplanes.

Hayward, CA, USA — Since its creation in 2013, VTOL AEROSPACE has made extensive use of flying proof-of-concepts at different scales, going from compact unmanned test vehicles up to a 28-ft manned prototype.

Putting these test vehicles through their paces, meaning flying them in real conditions at a runway, has provided invaluable engineering data and experience, confirming the flight qualities of its patented technology, which blends the features of a tilt-wing inside a fixed box-wing.

The conclusion of a deep-dive evaluation of this planform was completed using a 20-lb scale model unmanned aircraft and applying a battery of tests, including comprehensive CFD simulations in and out of ground effect (IGE/OGE), high-speed tests on moving rig, wind tunnel tests conducted at NASA Ames, and free-air test flights. This has led to the collection and compilation of 100s of performance data points, allowing the company to fully qualify the airframe after such an extended evaluation phase and getting it ready for scale production.

VTOL AEROSPACE is excited to announce the launch of the UAV Converticopter™ line (CVC), ideal for several markets that require both VTOL support and also long-endurance flights with the ability to fly in any type of weather and wind conditions, such as Air Surveillance, Border Patrol, Search & Rescue etc…

The airframe was optimized for this typical flight pattern:
– Vertical take-off with considerable payload
– Self-stabilizing and self-rectifying hover flight transition
– Rapid and safe conversion to conventional flight
– Adaptive flight patterns based on the selected mission, including low-speed loitering.
– Extended flight time due to a low-drag, high-lift airframe
– Ability to land vertically any time in midst and/or at the end of the mission.

It was verified and corroborated through systematic simulations and flight tests, that the production airframe would benefit from a L/D ratio above 15.0 at loitering speeds, allowing very efficient and extended flight time.

The company highlights the features of a compact Converticopter version (CVC96) with a wingspan of 8-ft, allowing loiter flights up to 1.5 hour, only on battery power alone, and beyond 5 hours with an electric hybrid power plant. Larger payload sizes and longer flight times may be achieved by scaling up the airframe, and its power source, up to 40 ft in wingspan. Additional CVC models with various wingspans may be offered by manufacturing partners, who are to subscribe to a manufacturing license agreement.

VTOL AEROSPACE recognizes the need to support new emerging markets with specifically tailored UAVs, using custom-built payloads, and has created a dedicated sales channel that will be led by newly appointed Director of Marketing and Sales, Craig Davidenko, a Drone Marketing Industry Veteran.

We invite interested parties to contact VTOL AEROSPACE, visit our new website at http://www.vtolaerospace.com or check our extended flight videos on our YouTube Flight Videos Vault (http://www.youtube.com/channel/UC4xGvaVLibCcw4knIz8ItxQ/videos).

Media Contact:
Oliver Garrow
VTOL Aerospace
650-669-7324
oliverg@converticopter.com
http://www.converticopter.com

Business, Software

LeaseQuery Offers Lease Accounting Software to Facilitate Transition to New Lease Accounting Rules

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Implementation delay requested by the American Petroleum Institute not essential, but some clarification of the new accounting changes is needed.

Atlanta, GA (USA), August 25th, 2017 — The American Petroleum Institute (API) recently issued a letter to the Financial Accounting Standards Board (FASB) to request a delay in the implementation date of a new lease accounting standard. However, LeaseQuery LLC offers lease accounting software that complies with all of the new disclosure requirements under the FASB standard. LeaseQuery’s software will expedite the tasks required toward successful compliance under the new FASB standard.

In the letter, dated July 11, 2017, the API asked the FASB to grant companies two additional years to implement the changes associated with the Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842). API stated, “Quite simply, some 18 months before the effective date of one of the most extensive accounting changes in the last two decades, the software and related support required for effective implementation does not yet exist.” Therefore, the API asked that public companies be given until 2021, instead of 2019, to comply with the new standard.

“Our goal is to assist the API and other public businesses in successful, timely compliance of the new lease accounting standard,” said Chris Ramsey, Director of Customer Solutions. “Our software is built specifically for lease accounting. The accuracy of our software has been verified and determined to comply with the new standard by independent auditors.”

The API also said in its letter that the ASU necessitates more complex and time-consuming analysis and further explanation is needed. “Our company agrees with the API’s position that some clarification is indeed necessary, especially as it relates to easements,” Ramsey said.

Incidentally, the FASB’s new lease accounting changes would supersede or phase out FASB Accounting Standards Codification, Leases (Topic 840). ASC 840 standard stipulates that companies only have to record lease obligations on their balance sheets when the arrangements involve financing transactions, such as rent-to-own contracts for buildings or vehicles.

LeaseQuery’s software offers a specialized solution to assist users with compliance of the new lease accounting standard. It provides an “easy button” for lease accounting. Built by accountants for accountants—the software enables businesses to successfully manage real estate and equipment and effortlessly transition to the new lease accounting standard. Thanks to LeaseQuery, companies can stop using unreliable excel spreadsheets and start using a purpose-built tool that can help them avoid overpaying rent.

LeaseQuery is one of only a few companies that offer this specialized type of lease accounting software. Unlike other providers that focus on lease management or lease administration, LeaseQuery specifically concentrates on the lessee and the management of lease accounting liabilities.

For more information about LeaseQuery’s specialized software, visit http://www.leasequery.com. Or contact Chris Ramsey at 800-888-7270 to schedule a free demo.

About LeaseQuery LLC:
Founded in 2011, LeaseQuery LLC was established to fill a void in the marketplace. The software was created by accountants for accountants because a suitable solution for lease accounting did not exist. The founders of LeaseQuery benefited from accounting expertise that gave them foresight into future compliance changes. Since its inception, LeaseQuery has grown into a flourishing SaaS company with the professional expertise to address the accounting needs of clients of all sizes. LeaseQuery LLC, which is based in Atlanta, Ga., provides its accounting software to organizations nationwide.

Press & Media Contact:
Chris Ramsey, Director of Customer Solutions
LeaseQuery, LLC
1050 Crowne Pointe Parkway Suite 500,
Atlanta, GA 30338 – USA
+1 800-888-7270
info@leasequery.com
http:///www.leasequery.com

Business, Electronics, Technology

Fulham HotSpot Constant Power Programmable LED Emergency Driver Recognized for Innovation in 2017 IES Progress Report

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Newest HotSpot LED Emergency Lighting Driver Listed in Illuminating Engineering Society Report for Unique Programmability, Monitoring, and Diagnostics.

Hawthorne, CA, USA — Fulham Co., Inc., a leading supplier of lighting components and electronics for commercial and specialty applications, today announced that the company’s HotSpot Constant Power Programmable LED Emergency Driver has been included by the Illuminating Engineering Society (IES) in the 2017 Progress Report. Being listed in the 2017 IES Progress Report is a distinct honor since the annual Report showcases technically significant advancements in the art and science of lighting.

The driver was selected because of a number of innovations that were identified by the IES Progress Committee, including:

• The first constant power LED emergency driver to feature programmable power output capability;
• The first emergency driver with an integrated life data recorder to log time in standby mode; time in emergency mode, emergency events, and temperature;
• The first emergency driver to use an integrated test switch bicolor indicator light (red and green) for status and self-diagnostics; and
• Meeting the CEC Title 20 requirements for small battery chargers, as well as the specifications of the European Eco Directive.

“Inclusion in the annual IES Progress Report is a special honor since selection is made by the engineering community and is based on superior engineering, demonstrating that Fulham is truly advancing lighting technology and innovation,” said Russ Sharer, Vice President of Global Marketing for Fulham. “At Fulham we listen to our customers, and our R&D team is committed to developing products with functionality that addresses their needs and advances the state of illumination.”

Fulham first introduced Constant Power Emergency LED drivers in 2016 with a series of cULus-classified models that quickly gained in popularity due to their ease of installation and compliance with local emergency lighting standards. The new programmable model is designed for luminaire manufacturers looking to offer emergency capability. It uses LiFePO4 batteries to deliver a minimum of 90 minutes of power in the event of an outage, and can be programmed for lower light output to extend emergency run times.

The HotSpot Constant Power Programmable LED Emergency Driver is an example of Fulham’s growing line of clever, programmable lighting products. Programmability allows a luminaire manufacturer to stock a single driver that can be customized for different applications. For example, the HotSpot driver uses a default setting for the battery to deliver maximum output for 90 minutes, e.g. a 10W battery delivers 10W of output. It also can be programmed to extend run time, such as programming a 10W battery to run at 5W to double emergency illumination time. This means the same HotSpot device can be used in a commercial space where regulations require 90 minutes of egress lighting, or in a high-rise building that may require longer emergency illumination times.

In addition to Title 20, the HotSpot Constant Power Programmable LED Emergency Driver complies with international safety regulations, including cULus, CE and ENEC. All HotSpot LED emergency drivers come with Fulham’s 5-year warranty.

For more information about Fulham’s LED emergency lighting products, please visit http://www.fulham.com.

About Fulham
Fulham Co., Inc. is a leading global provider of intelligent, socially-conscious sustainable commercial lighting components and electronics for use in commercial general lighting, parking structure, signage, horticultural, UV and other applications. The company develops and manufactures a variety of award-winning LED and emergency products, as well as legacy products across multiple lighting platforms. Fulham sells its lighting solutions worldwide through original equipment manufacturers (OEMs) and electrical equipment distribution channels. Headquartered in Hawthorne, Calif., the company has sales and/or manufacturing facilities in the Netherlands, China, India, the UK and the UAE. For more information, visit http://www.fulham.com.

Media Contact:
Andy Firchau
Marketing Manager
Fulham Co., Inc.
Phone: +1 (323) 779-2980, ext. 1252
afirchau@fulham.com

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