Tag: technology

Student Transportation Inc. Reports Fourth Quarter & Fiscal Year 2016 Results

BARRIE, Ontario, Sept. 14, 2016 (GLOBE NEWSWIRE) — Student Transportation Inc. (TSX:STB) (NASDAQ:STB) (“STI” or “the Company”) today announced financial results for the fourth quarter and fiscal year ended June 30, 2016. All financial results are reported in U.S. dollars except as otherwise noted. “We were very pleased with our strong performance and solid results in fiscal 2016 which were in line with our internal objectives and we are well-positioned for continued improvements in fiscal 2017,” said Denis J. Gallagher, STI Chairman and CEO. “Our year-end results reflect the positive impact of our fuel management and early stage returns from strategic

First-of-Its-Kind Hackathon Bridges Gap Between Tech and Commercial Real Estate Industries

CHICAGO, Sept. 14, 2016 (GLOBE NEWSWIRE) — Transwestern today announces it held CREforge, a first-of-its-kind commercial real estate hackathon, which is a competitive event that challenges the technology world to find new solutions to everyday problems. On Aug. 26-28, Houston-based Transwestern introduced four companies in the commercial real estate sector to numerous designers, coders and software developers, who developed innovative solutions to the challenges posed by each business. Some of the solutions explored include: Using augmented reality to project 3D building renderings onto everything from tabletops to land sites, allowing clients to see a 360-degree view of a project before

Nasdaq Included in Dow Jones Sustainability Index

NEW YORK, Sept. 14, 2016 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq:NDAQ) today announced it has been selected to join the Dow Jones Sustainability Indices (DJSI). Nasdaq is one of 16 companies added to the Dow Jones Sustainability North America Index in 2016, which is comprised of 146 companies. Nasdaq actively supports its 3,500 listed companies in their sustainability efforts, and strives to create an open dialogue between listed companies, investors, analysts, regulators, and academics on the economic value of sustainability. Nasdaq also works closely with international groups such as the World Federation of Exchanges, The United Nations Sustainable Stock Exchanges Initiative, and

WAM Capital Announces Investment in Chelsea Management Company

LOS ANGELES, Sept. 14, 2016 (GLOBE NEWSWIRE) — WAM Capital, LLC, an investment entity of WEDBUSH, Inc., is proud to announce that earlier this year, it invested directly into Los Angeles-based Chelsea Management Company. Through this investment, WAM Capital continues to expand and grow WEDBUSH, Inc.’s long and rich history of supporting financial services related companies through equity investments and operational support. Eric Wedbush, President, WEDBUSH, Inc., stated, “We’ve known Fred and his firm for some time now, and the more we discussed, the more we realized that we not only share a similar history, but also a similar mindset

iSectors, LLC to Ring The Nasdaq Stock Market Opening Bell

ADVISORY, Sept. 14, 2016 (GLOBE NEWSWIRE) —              What: iSectors, LLC, a manager of a suite of exchange-traded fund (ETF)-based asset allocation models, will visit the Nasdaq MarketSite in Times Square in celebrating the recent debut its flagship iSectors® Post-MPT Growth ETF (Nasdaq:PMPT). The actively-managed ETF aims to optimize investor return and minimize the downside risk. In honor of the occasion, Charles H. Self III, Chief Operating Officer and Chief Investment Officer of iSectors and Portfolio Manager for PMPT, will ring the Opening Bell.  Where:Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast

Educational Development Corporation Announces Record Net Revenue for the Month of August 2016

TULSA, Okla., Sept. 14, 2016 (GLOBE NEWSWIRE) — Educational Development Corporation (“EDC”) (NASDAQ:EDUC) (http://www.edcpub.com) today reported historic record net revenues for the month of August 2016 (unaudited). Randall White, CEO of Educational Development Corporation, announced that the Company achieved record net revenues of $10.0 million for the month of August compared to $5.0 million for August last year.  The Company was led by the direct sales division, Usborne Books & More (“UBAM”), with net revenues of $9.1 million compared to $3.9 million last August. UBAM continues to attract new sales associates, which now total just under 25,000, compared to 8,500

Steelcase Inc. Announces Time Change of Second Quarter Fiscal Year 2017 Webcast and Conference Call

GRAND RAPIDS, Mich., Sept. 14, 2016 (GLOBE NEWSWIRE) — September 14, 2016 – Steelcase Inc. (NYSE:SCS) will webcast a discussion of its second quarter fiscal year 2017 financial results on Thursday, September 22, 2016 at 11:00 a.m. ET.   The news release detailing the financial results will be issued the previous day, September 21, 2016, after the market closes.  About Steelcase Inc.For over 100 years, Steelcase Inc. has helped create great experiences for the world’s leading organizations, across industries. We demonstrate this through our family of brands – including Steelcase®, Coalesse®, Designtex®, PolyVision® and Turnstone®. Together, they offer a comprehensive portfolio

Investment, Policy and Holistic Planning Integral to Drive Hydrogen Fueling Infrastructure

OVERLAND PARK, Kan., Sept. 14, 2016 (GLOBE NEWSWIRE) — A new white paper from Black & Veatch’s Smart Integrated Infrastructure (SII) business examines the current hydrogen fueling infrastructure in the U.S. and challenges that complicate development. Costs, financing, siting, policies and safety education are cited as the keys, and sometimes barriers, to greater fueling station deployment. Recent reports estimate that in California alone more than 34,000 hydrogen fuel cell electric vehicles (FCEVs) will be on the road by 2021. Even with states like California investing heavily in new hydrogen fuel stations, the rate of consumer adoption is quickly outpacing fueling

CSX Receives Award of Excellence for “CSX Rail Respond” Emergency Response Tool

WASHINGTON, Sept. 14, 2016 (GLOBE NEWSWIRE) — The National Alliance for Public Safety GIS (NAPSG) Foundation has granted an Award of Excellence in Public Safety to CSX for its “CSX Rail Respond” mobile-computing application, which provides firefighters, police officers and other emergency responders with easy mobile access to critical information about the commodities traveling on CSX rails in near-real time. CSX Rail Respond supports safe and effective response to rail-related incidents by allowing emergency first responders to determine the exact contents of any rail car on a CSX train, along with emergency response information and recommendations for protective action distances.

Nordea to Ring The Nasdaq Stock Market Closing Bell

ADVISORY, Sept. 14, 2016 (GLOBE NEWSWIRE) — What: Nordea, the largest financial services group in Northern Europe with a market capitalisation of approximately EUR 41.3 billion, total assets of EUR 6,469 billion, will visit the Nasdaq MarketSite in Times Square. In honor of the occasion, Nils Lundsby, Director of Business Development, will ring the Closing Bell.  Where:Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio When:Thursday, September 15, 2016 – 3:45 p.m. to 4:00 p.m. ET         Nordea Contact:Nils.Lundsby+45 6122 0350Nils.lundsby@nordea.com Nasdaq MarketSite:Emily Pan(646) 441-5120emily.pan@nasdaq.com Feed Information:Fiber Line (Encompass Waterfront): 4463 Gal 3C/06C 95.05

Brinks Canada Inc. Appeals Labour Canada Ruling Stay of Direction Granted

EDMONTON, Alberta, Sept. 14, 2016 (GLOBE NEWSWIRE) — Brinks Canada is pleased to announce that it has received a stay of direction related to what it believes was an improper danger ruling by a Labour Canada Health and Safety Officer (HSO). This stay will remain in effect until the appeal of this direction is concluded. The HSO danger declaration, issued under Section 145 of the Canada Labour Code, relates to Brinks Canada’s use of the “All Off” Model for crew dispatch. “All Off” is a staff resourcing approach where work is completed by a two-person crew, where both crew members

Inc. Magazine Names PTS Diagnostics to its 2016 List of the 5,000 Fastest Growing Private Companies

INDIANAPOLIS, Sept. 14, 2016 (GLOBE NEWSWIRE) — PTS Diagnostics, the US-based manufacturer of point-of-care biometric testing devices distributed across the globe, has been selected for an impressive sixth time to the prestigious Inc. 5000 list. For the 2016 Inc. 5000 list, PTS Diagnostics placed as the 3,772nd fastest growing private company in America based on three-year revenue growth of 81%. PTS Diagnostics is one of only 237 of the 5,000 companies listed this year to have been chosen for four consecutive years.  This designation puts PTS Diagnostics in the top 50 fastest growing companies in Indiana. Founded in 1992, PTS

Emarsys' Allen Nance, CMO, to Host Emarsys LIVE New York

INDIANAPOLIS, Sept. 14, 2016 (GLOBE NEWSWIRE) — Emarsys, the leading provider of cloud marketing software for B2C companies, continues its Emarsys LIVE event series to educate, exchange ideas, and empower digital marketers across the globe, with how to “Overcome Omnichannel Overload” to be held on September 20 at the W New York – Times Square in New York. On Tuesday, September 20 at 1:00 p.m. ET, Allen Nance, CMO of Emarsys, will be joined by Dan Wolgin, Director of Marketing at the Ammunition Depot, Greg Bauman, Business Development Manager of ROI Revolution, and Michael Barber, Founder of barber&hewitt, for the half-day event

Ocean Power Technologies Announces New Contract with the U.S. Department of Defense Office of Naval Research

PENNINGTON, N.J., Sept. 14, 2016 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (NASDAQ:OPTT) (“OPT” or “the Company”) announced today that it has been awarded a contract (or “Contract”), valued at nearly $250,000, by the U.S. Department of Defense Office of Naval Research (“ONR”) to conduct the design of a new mass-spring oscillating PowerBuoy for mission critical sensors.  Such a PowerBuoy differs from the current PB3 type in that it is self-contained and has no external moving components. Phase one of the contract scope includes the system design and laboratory testing of a proprietary, self-contained, inertia-based, mass-spring oscillator and power take-off

Repsol Selects CloudCraze to Bring its Commerce to the Cloud

LONDON, Sept. 14, 2016 (GLOBE NEWSWIRE) — CloudCraze, an enterprise digital commerce solution built natively on Salesforce, today announces that it has been selected as the commerce platform for Repsol, an integrated global energy company. This strategic initiative will provide Repsol, specifically its Chemicals Division, with a solution to enable B2B commerce on the cloud. “As our clients’ needs evolve, we want to provide a customer engagement platform that allows them to service themselves easily online. We also wanted a solution that we could adapt quickly due to the changing business climate and therefore help us remain competitive,” said Antonio

Rexahn Announces $6 Million Registered Direct Offering

ROCKVILLE, Md., Sept. 14, 2016 (GLOBE NEWSWIRE) — Rexahn Pharmaceuticals, Inc. (NYSE MKT:RNN) today announced it has entered into a definitive agreement with institutional investors to purchase 24 million shares of its common stock and warrants exercisable for up to 18 million shares of its common stock for gross proceeds of $6 million.  The shares and warrants are being sold in units, each consisting of one share of common stock and a warrant to purchase 0.75 of a share of common stock, at an offering price of $0.25 per unit. The warrants will be exercisable six months following the date

FTI Consulting Wins Mega Company Turnaround of the Year Award from Turnaround Management Association

WASHINGTON, Sept. 14, 2016 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE:FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that its Corporate Finance & Restructuring segment received the Turnaround Management Association’s Mega Company Turnaround of the Year Award for its role in the Chapter 11 reorganization of automotive supplier Chassix Holdings, Inc.  Chassix produces and sells aluminum and iron castings and machining solutions to the automobile manufacturers, generating more than $1.4 billion in annual revenue. In late 2014, the company faced an over-leveraged balance sheet and a liquidity shortage compounded by

New Study Reveals Customer Experience is Getting Worse; Contact Centers Out of Touch with the Reality of Today’s Consumer

BOSTON, Sept. 14, 2016 (GLOBE NEWSWIRE) — A new study from BoldChat by LogMeIn (Nasdaq:LOGM) and Ovum reveals that customer experience has worsened over the last two years despite investments in new engagement channels.  The report, which surveyed hundreds of contact center managers and consumers globally, found that the consumers surveyed believe it takes 6 different interactions to resolve an issue while the surveyed contact center managers believe it takes only 1-2 touchpoints.  This disconnect can be largely due to the fact that 72% of consumers surveyed search for information online before contacting an agent but the majority of contact center

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I.D. Systems Secures New Orders from Leading Global Intermodal Shipping Company for VeriWise® Intermodal Container Systems

WOODCLIFF LAKE, N.J., Sept. 14, 2016 (GLOBE NEWSWIRE) — The Asset Intelligence subsidiary of I.D. Systems, Inc. (NASDAQ:IDSY), a leading provider of enterprise asset management technology and solutions for the Industrial Internet of Things, has secured a new order from a global intermodal shipping company for 3,500 VeriWise® Container tracking systems to be deployed on its fleet of newly purchased containers.  The order follows a previous order placed in Q1 2016 from the customer for an initial 1,500 VeriWise Container tracking systems.  The customer, an industry leader in intermodal container shipping, chose Asset Intelligence to provide an advanced tracking solution for

Attraction and retention challenges plague U.S. employers, Willis Towers Watson surveys find

ARLINGTON, Va., Sept. 14, 2016 (GLOBE NEWSWIRE) — U.S. employers continue to experience difficulty with attracting and retaining employees, as increasing hiring and turnover levels show no signs of abating, according to two major surveys conducted by Willis Towers Watson (NASDAQ:WLTW), a leading global advisory, broking and solutions company. The research also reveals three in 10 employees say they are likely to leave their employer within the next two years, adding more pressure on employers’ ability to keep top talent. The Willis Towers Watson Global Talent Management and Rewards Survey, a study of more than 2,000 companies globally, including 441