CryptoSign Announces Execution of Conditional Agreement to Purchase NABUfit Global

OREM, UT--(Marketwired - October 08, 2015) -
On October 8, 2015, CryptoSign Inc. (OTCQB: CPSN) entered into an Agreement and Plan of Share Exchange to acquire 100% of NABUfit Global ApS, a Danish company.

The closing of the share exchange is conditioned upon the completion of due diligence items by CryptoSign and the preparation and completion of a current report on Form 8k to be filed with the Securities and Exchange Commission. The closing of the Exchange Agreement and completion of the share exchange are expected to take place on or prior to November 30, 2015.

CryptoSign will issue 15,500,000 of its common shares to all of the shareholders of NabuFit in the share exchange. The common shares issued in the share exchange will constitute approximately 80% of the total issued and outstanding shares of the Company following the completion of the share exchange. Of the shares issued in the share exchange, approximately 87% of the shares will be subject to a twelve month lock-up agreement following the closing of the exchange.

Upon closing, CryptoSign will change its name to NABUfit Global Inc.

CEO of CrytoSign, Mr. Brian Palm Svaneeng Mertz, commented: "I am very satisfied with the acquisition of NABUfit and see a great potential in the product, the marketing network and the NABUfit management. I am convinced that the Company, with the acquisition of NABUfit, will create great value for the shareholders."

CEO of the NABUfit Global, Ulrik Møll commented: "NABUfit Global is thrilled about the transaction. We have a unique business concept and a great offer concerning on-line fitness and health. We look forward to our combination with CryptoSign."

About CryptoSign Inc.
CryptoSign ( is a US smaller reporting public company that has most recently focused on finding and vetting opportunities that will preserve and increase its present value.

About NABUfit Global
NABUfit is a Danish company that is developing a state-of-the-art online fitness platform and mobile app with the option of connecting existing and future monitoring devices (wearables etc.) to the platform and application. The NABUfit product features input from world-class sport stars though its on-line portal. The product is designed to integrate with the Microsoft X-Box Kinect, which records and measures training performance. This monitoring allows feedback to the user and provides an improved user experience as well as motivation for improving personal performance. NABUfit plans to release its mobile NABUfit application before the end of 2015 and it is anticipated that the entire online fitness platform will be launched in 2016.

Forward-Looking Statements
Statements about the expected timing, and all other statements in this press release, other than historical facts, constitute forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date hereof and are based on current expectations and involve a number of assumptions, risks and uncertainties that could cause actual results to differ materially from those projected. A number of the matters discussed herein that are not historical or current facts deal with potential future circumstances and developments which may or may not materialize. This press release speaks only as of its date, and except as required by law, we disclaim any duty to update the information herein.

StrategaBiz Inc.
Brian Palm Svaneeng Mertz
+45 23903300

Bob Bench
+1 801-362-2115

NABUfit Global
Ulrik Moll
+45 20537466

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Phorm Corporation Limited: Agreement With Boston Globe Media Group

SINGAPORE--(Marketwired - Oct 9, 2015) - Phorm (AIM: PHRM)

Phorm Corporation Limited
("Phorm" or the "Company")

Agreement with Boston Globe Media Group

Phorm (AIM: PHRM), an advertising-technology company, is pleased to announce, further to its interim results released on 30 September 2015, that Boston Globe Media Group ("Boston Globe"), a leading U.S. digital media group, is implementing the Company's targeted advertising technology on its digital properties.

Phorm's cutting-edge Machine-Learning Artificial Intelligence ("AI") technology makes it easier and more efficient for publishers (and other sellers of advertisements) to identify and target specific audiences and extend audience reach to ultimately achieve more successful advertising campaigns. The Company's proprietary technology also provides unrivaled insight into digital advertising supply and demand dynamics such that publishers can regain more control of their advertising inventory.

Recognising the potential value and benefits of Phorm's software platform, Boston Globe will implement Phorm' technology across its digital properties to seek and achieve increased advertising sales and performance as well as optimised inventory control.

Boston Globe, through its developing relationship with Phorm, will continue to seek to extend its circa 4 - 5 million unique visitors per month, increase its advertising revenues through new sources, and optimise the revenue potential of all third party partnerships that it is working with, including Phorm.

Commenting on Boston Globe's decision to implement Phorm's platform, Pete Doucette, VP of Consumer Sales & Marketing, said:

"We are always looking to increase our revenue and margin, and engage with new users across our various websites and media channels. Phorm's technology will enable us to identify users in a deeper and more meaningful manner during their consumer journey with us and other sites, with an overarching objective of increasing our potential share of advertising spend."

Phorm's CEO, Timothy Smith, added:

"We're most energised and excited to be working with such a nationally esteemed brand as the Boston Globe, which is innovating through the use of technology. We are looking forward to demonstrating the power of our technology software platform and contributing to Pete and his team's enhanced understanding of their audience, delivering users more efficiently and recruiting new users of Boston Globe's content."

For further information please contact:

Phorm Corporation Limited
Timothy Smith (Chief Executive Officer) +44 (0)20 33976001

Mirabaud Securities LLP (Broker) +44 (0)20 7321 2508
Jason Woollard
Peter Krens

Strand Hanson Limited (Nominated Adviser) +44 (0)20 7409 3494
James Harris
Matthew Chandler
James Dance

About Phorm
Phorm is a global advertising-technology company that makes content and advertising more relevant to the consumer. Phorm's innovative platform preserves user privacy and delivers a more interesting online

Phorm's industry leading technology enables its Internet Service Provider ("ISP") and other partners to offer a
 new type of online advertising platform and a free consumer internet content feature, ensuring more relevant
 advertisements and personalised content for opted-in users.

Phorm's advertising platform revolutionises current standards of online privacy, fully protecting the identity of
 consumers. Phorm's solution is completely opt-in. Only those users consenting to the service are profiled and only ever on an anonymous basis.

Phorm's partners include leading ISPs, Publishers, Advertising Networks and Advertisers.

Phorm, under a predecessor holding company, was admitted to the AIM market of the London Stock
 Exchange in 2004.

For more information, please visit:


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Positive safety and tolerability for novel potentiator GLPG1837

Mechelen, Belgium; 9 October 2015 -
Galapagos NV (Euronext & NASDAQ: GLPG) presents today topline Phase 1 results with novel potentiator GLPG1837 at the
North American Cystic Fibrosis Conference (NACFC) in Phoenix this week.  GLPG1837 was shown to be safe and well-tolerated and demonstrated favorable drug-like properties in the study
.  GLPG1837 is a candidate drug for the treatment of the Class III mutation in cystic fibrosis.  It is expected that GLPG1837 will be combined with other Galapagos candidate drugs to create a potential triple combination therapy for Class II patients, the largest CF-patient group.

Galapagos conducted a randomized, double-blind, placebo-controlled study over a range of single and multiple doses of GLPG1837 in healthy human volunteers in Belgium.  In the single ascending dose (SAD) part of the study subjects were exposed to single oral doses of 30 to 2000 mg.   In the multiple ascending dose (MAD) part of the study, GLPG1837 was given orally at doses of 125 to 800 mg twice daily for a period of 14 days. 

On safety, GLPG1837 up to a single dose of 2000 mg and up to 800 mg twice daily for 14 days was generally safe and well tolerated in this study.  There were no adverse effects observed on ECG, vital signs, or on laboratory parameters.  Treatment-emergent adverse events were rare, with the most common adverse events reported being headache and tiredness.

The pharmacokinetics of GLPG1837 also proved favorable in this study.  Rapid absorption occurred, with a mean apparent elimination half-life of 6-15 hours.  The bioavailability of GLPG1837 was improved with food.  Steady state was attained within the second dosing, with no accumulation.

The company believes the results from this Phase 1 study support rapid progression into a Phase 2 study in Class III mutation patients, which is expected to commence before year end 2015.

Friday, 9 October: Poster 258, 7.30 AM - 8.45 AM SMT

"Safety, tolerability and pharmacokinetics of a novel CFTR Potentiator GLPG1837 in healthy volunteers"

This poster will be made available on the Galapagos website,
, shortly following the presentation session on 9 October.

The North American Cystic Fibrosis Conference is sponsored by the Cystic Fibrosis Foundation:

About cystic fibrosis (CF)

CF is a rare, life-threatening, genetic disease that affects approximately 80,000 patients worldwide and approximately 30,000 patients in the United States.  CF is a chronic disease that affects the lungs and digestive system.  CF patients, with significantly impaired quality of life, have an average lifespan approximately 50% shorter than the population average, with the median age of death at 27.  There currently is no cure for CF.  CF patients require lifelong treatment with multiple daily medications, frequent hospitalizations and ultimately lung transplant, which is life-extending but not curative.  CF is caused by a mutation in the gene for the CFTR protein, which results in abnormal transport of chloride across cell membranes.  Transport of chloride is required for effective hydration of epithelial surfaces in many organs of the body.  Normal CFTR channel moves chloride ions to outside of the cell.  Mutant CFTR channel does not move chloride ions, causing sticky mucous to build up on the outside of the cell.  CFTR dysfunction results in dehydration of dependent epithelial surfaces, leading to damage of the affected tissues and subsequent disease, such as lung disease, malabsorption in the intestinal tract and pancreatic insufficiency.

About Galapagos

Galapagos (Euronext & NASDAQ: GLPG) is a clinical-stage biotechnology company specialized in the discovery and development of small molecule medicines with novel modes of action, with a pipeline comprising three Phase 2 programs, two Phase 1 trials, five pre-clinical studies, and 20 discovery small-molecule and antibody programs in cystic fibrosis, inflammation, and other indications.  Filgotinib is an orally-available, selective inhibitor of JAK1 for the treatment of rheumatoid arthritis and potentially other inflammatory diseases. Galapagos has reported good activity and a favorable safety profile in both the DARWIN 1 and 2 trials in RA.  Galapagos is  preparing to enter Phase 3 studies in RA and to report Phase 2 topline results with filgotinib in Phase 2 in Crohn's disease.  In the field of cystic fibrosis, AbbVie and Galapagos signed a collaboration agreement to develop and commercialize molecules that address mutations in the CFTR gene.  Potentiator GLPG1837 has completed a Phase 1 trial, and corrector GLPG2222 is expected to enter Phase 1 by end 2015. GLPG1205, a first-in-class inhibitor of GPR84 and fully-owned by Galapagos, will report topline results in Q4 2015 from a Phase 2 proof-of-concept trial in ulcerative colitis patients. GLPG1690, a fully proprietary, first-in-class inhibitor of autotaxin, has shown favorable safety in a Phase 1 trial and is expected to enter Phase 2 in idiopathic pulmonary fibrosis.  The Galapagos Group, including fee-for-service subsidiary Fidelta, has approximately 400 employees, operating from its Mechelen, Belgium headquarters and facilities in The Netherlands, France, and Croatia. More info at


Galapagos NV


Elizabeth Goodwin, VP IR & Corporate Communications

Cell: +1 781 460 1784

Media inquiries:

Evelyn Fox, Director Communications

Tel: +31 6 53 591 999

Galapagos forward-looking statements

This release may contain forward-looking statements, including statements regarding the safety, tolerability and activity of GLPG1837 and the potential timing of future clinical trials.  Galapagos cautions the reader that forward-looking statements are not guarantees of future performance.  In particular it should be noted that the positive results of the Phase 1 trial of GLPG1837 may not be indicative of future results, either on a stand-alone basis or as part of a combination therapy. Forward-looking statements involve known and unknown risks, uncertainties and other factors which might cause the actual results, financial condition and liquidity, performance or achievements of Galapagos, or industry results, to be materially different from any historic or future results, financial conditions and liquidity, performance or achievements expressed or implied by such forward-looking statements.  In addition, even if Galapagos' results, performance, financial condition and liquidity, and the development of the industry in which it operates are consistent with such forward-looking statements, they may not be predictive of results or developments in future periods.  Among the factors that may result in differences are the inherent uncertainties associated with competitive developments, clinical trial and product development activities and regulatory approval requirements (including that data from Galapagos' ongoing clinical research programs in cystic fibrosis may not support registration or further development of its potentiators and/or correctors due to safety, efficacy or other reasons), Galapagos' reliance on collaborations with third parties (including its collaboration partner, AbbVie, who may not devote sufficient resources to the development and commercialization of the cystic fibrosis programs), and estimating the commercial potential of our product candidates.  A further list and description of these risks, uncertainties and other risks can be found in the company's Securities and Exchange Commission filing and reports, including in the company's prospectus filed with the SEC on May 14, 2015 and future filings and reports filed by the company with the Secuirities and Exchange Commission.  Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements.  These forward-looking statements speak only as of the date of publication of this document.  Galapagos expressly disclaims any obligation to update any such forward-looking statements in this document to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements, unless specifically required by law or regulation.

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Galapagos NV via GlobeNewswire


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Diamond Resorts International(R) — Vacations for Life(R) — Canary Islands — Where African, European, and South American Cultures Meet

LAS VEGAS, NV--(Marketwired - October 09, 2015) - Diamond Resorts International® is proud to offer members, owners and guests a wonderful vacation escape on the beautiful and scenic Canary Islands. Resting between breathtaking mountains and beachside ocean luxury, the Cala Blanca resort is a highly coveted vacation spot granting travelers a refreshing glimpse of African, European, and South American cultures that provides an exciting mix of different languages, cuisines, and ways of life.

Off the northwest coast of Africa, the Canary Islands carry cultural influences and traditions from all over the world. Much of the area's African impact stems from the earliest residents of the region, a line of aborigines known as the "Guanches", who initially were the only residents of the islands. While the specific details still remain unclear, the Spanish were first known to have visited the islands regularly during the 14th and 15th centuries. Once the islands fell into the hands of the Spanish conquistadores, native people slowly declined in presence in the region. But even today, remnants of their culture can still be found, most notably the Cenobio de Valerón ruins on Gran Canaria. Members, owners and guests at the Diamond Resorts International® Cala Blanca resort can explore this and other cultural icons, and witness the European influence, which eventually took hold in the area.

Visitors ready to enjoy the nightlife will get to experience the South American flair that has become more prominent on the Canaries over the years, which is also reflected in the islands language: today, the primary dialect spoken in the region is a South American version of Spanish. Travelers who are keen on dancing will be thrilled about the high-energy Salsa music that dominates many of Gran Canaria's clubs and takes over the island during one of the many Carnival fiestas. These events honor the spirit and heart of the Canaries, echoing Venezuelan, Colombian, and other South American roots. After the sightseeing and cultural immersion, Diamond Resorts International® guests can enjoy poolside, affordable luxury, beachside enjoyment and clean, comfortable rooms to relax and unwind. Cala Blanca's own Mistral Restaurant brings guests an eclectic mix of different cuisines with an internationally inspired menu created by a superb chef and served by attentive waiters who make sure that guests at Cala Blanca Stay Vacationed.™

About Diamond Resorts International®

Diamond Resorts International®, with its network of more than 330 vacation destinations located in 34 countries throughout the continental United States, Hawaii, Canada, Mexico, the Caribbean, South America, Central America, Europe, Asia, Australasia and Africa, provides guests with choice and flexibility to let them create their dream vacation, whether they are traveling an hour away or around the world. Our relaxing vacations have the power to give guests an increased sense of happiness and satisfaction in their lives, while feeling healthier and more fulfilled in their relationships, by enjoying memorable and meaningful experiences that let them Stay Vacationed.™

Diamond Resorts International® manages vacation ownership resorts and sells vacation ownership points that provide members and owners with Vacations for Life® at over 330 managed and affiliated properties and cruise itineraries.

To learn more, visit:

Diamond Resorts (@diamondresorts) - Twitter:

Diamond Resorts International - Facebook:

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Embedded Video Available:

Contact Information
Liz Feldman
Hillman Communications
Tel: 735-387-0515
Email contact

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Norsk Hydro: Hydro enters LoI with Vale to raise MRN ownership to 45%

Hydro has signed a Letter of Intent (LoI) with Brazilian mining company Vale for the possible acquisition of Vale's 40 % interest in Brazilian bauxite producer Mineração Rio do Norte (MRN), which would strengthen Hydro's global position as a long player in bauxite and alumina.

An eventual agreement will depend on the parties agreeing terms for Hydro to acquire Vale's 40% interest in MRN, completion of Hydro's  due diligence process, approval by the parties' Board of Directors and by the relevant competition authorities. The parties will also seek support from the other MRN shareholders to the transaction and will proceed in accordance with the terms of the shareholders' agreement. MRN's current shareholders are Vale (40%), Alcoa (18.2%), South 32 (14.8%), Rio Tinto (12%),CBA (10%) and Hydro (5%). 

MRN is situated in the westernmost part of the state of Para, home to Hydro's other Brazilian operations, and is Brazil's, and one of the world's largest producers of bauxite. In operation since 1979, MRN currently employs around 1,400 employees and a significant number of contractors.

MRN is a well-operated mining operation with a competitive cost position due to its high-quality bauxite, attractive strip ratio and economy-of-scale benefits through its 18-million-tonnes-per-year production. In addition to mining licenses covering a total 143,000 hectares, operations include mine infrastructure and equipment, the Porto Trombetas township, railway, stockyard, beneficiation plant, tailings disposal system, driers, port and power generation facilities.

Hydro acquired Vales' other Brazilian aluminium assets in 2011, including the 57% interest in the Alunorte alumina refinery, the Paragominas bauxite mine, a 51% interest in the Albras smelter, and their 61 percent interest in the CAP alumina refinery project, all located in the state of Para.  The 2011 agreement also included commercial agreements for Vale's bauxite offtake in MRN

Investor contact

Contact Pål Kildemo

Cellular +47 97096711


Press contact

Contact Halvor Molland

Cellular +47 92979797


Certain statements included within this announcement contain forward-looking information, including, without limitation, those relating to (a) forecasts, projections and estimates, (b) statements of management's plans, objectives and strategies for Hydro, such as planned expansions, investments or other projects, (c) targeted production volumes and costs, capacities or rates, start up costs, cost reductions and profit objectives, (d) various expectations about future developments in Hydro's markets, particularly prices, supply and demand and competition, (e) results of operations, (f) margins, (g) growth rates, (h) risk management, as well as (i) statements preceded by "expected", "scheduled", "targeted", "planned", "proposed", "intended" or similar statements.

Although we believe that the expectations reflected in such forward-looking statements are reasonable, these forward-looking statements are based on a number of assumptions and forecasts that, by their nature, involve risk and uncertainty. Various factors could cause our actual results to differ materially from those projected in a forward-looking statement or affect the extent to which a particular projection is realized. Factors that could cause these differences include, but are not limited to: our continued ability to reposition and restructure our upstream and downstream aluminium business; changes in availability and cost of energy and raw materials; global supply and demand for aluminium and aluminium products; world economic growth, including rates of inflation and industrial production; changes in the relative value of currencies and the value of commodity contracts; trends in Hydro's key markets and competition; and legislative, regulatory and political factors.

No assurance can be given that such expectations will prove to have been correct. Hydro disclaims any obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. 

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Norsk Hydro via GlobeNewswire


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Internet Society Addresses Internet Safety in Bangladesh

Event on 10 October to highlight responsible use of social media

DHAKA, Bangladesh--(BUSINESS WIRE)--The Internet Society (ISOC) is convening a forum with government,
businesses, civil society members, and online activists to discuss
emerging norms around social media use in Bangladesh. The event, Asia
Internet Symposium (AIS) Dhaka, is the latest installment of ISOC’s AIS
series, and will be hosted by the ISOC Dhaka Chapter on 10 October.

“Bangladesh has a young population of Internet users, and it is also one
of the fastest growing social media markets in the region,” said Rajnesh
Singh, Regional Bureau Director for Asia-Pacific at the Internet
Society. “It is important for stakeholders to get the conversation going
on how social media can be used as a tool for empowerment, while also
minimising abusive or harmful behaviour online.”

Recent figures from the Bangladesh Telecommunication Regulatory
Commission peg the country’s Internet users at 51 million. Half of
Bangladesh’s 160 million-strong population is under 24-years old ─ the
most active age group in social media. Meanwhile, social media use has
jumped by 128% from last year, according to We Are Social, with some 88%
of its 13.2 million social media users accessing the Internet through a
mobile device.

Internet users in Bangladesh take to social media and blogging platforms
to communicate and voice ideas, particularly on socio-political issues,
but a number of recent incidents involving hate speech, cyberbullying,
and disturbing content have led to concerns over the rise of
irresponsible behaviour online.

AIS Dhaka aims to address ways Internet stakeholders in Bangladesh can
promote responsible conduct on the Internet, particularly among the
young generation, while also protecting users’ digital rights. The event
will be streamed
live from 15.30 - 19.00 local time (UTC +6). Please follow this link
to view the full agenda.

About the Internet Society

The Internet Society,,
is the trusted independent source for Internet information and thought
leadership from around the world. It is also the organizational home for
the Internet Engineering Task Force (IETF). With its principled vision
and substantial technological foundation, the Internet Society promotes
open dialogue on Internet policy, technology, and future development
among users, companies, governments, and other organizations. Working
with its members and Chapters around the world, the Internet Society
enables the continued evolution and growth of the Internet for everyone.


Internet Society
Noelle de Guzman, +65 6407 1470

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To Defend Payments Businesses, Banks Must Focus on Customer Pain Points

BOSTON, MA--(Marketwired - Oct 9, 2015) -  As payments and transaction-banking businesses evolve at a dizzying pace amid a toughening regulatory climate and digital innovations, banks can prevail over rivals by using their own vast infrastructure and customer knowledge, according to a new report by The Boston Consulting Group (BCG). The report, Global Payments 2015: Listening to the Customer's Voice, is being released today.

The report, BCG's thirteenth study of the global payments business, offers a comprehensive overview of the industry. It also discusses the findings of a recent BCG survey of nearly 5,500 consumers in four countries concerning payments preferences, and takes a detailed look at the wholesale transaction-banking market. In preparing the report, BCG for the fourth consecutive year collaborated with SWIFT, the global provider of secure financial-messaging services.

In conjunction with the report, BCG is launching the second edition of its Global Payments Model Interactive, available on, which explores how regions and segments of the payments market will shift from year-end 2014 through 2024. This feature provides interactive charts on the volume and value of noncash transactions worldwide.

"There will be both significant disruption and immense opportunity over the next decade in payments," said Stefan Dab, a coauthor of the report and the global leader of BCG's transaction-banking segment. "While banks face intensifying competition, they actually have the assets to play a critical role in how markets evolve. To continue to extract value from their payments businesses, they must take decisive action along multiple dimensions: improving the richness of their digital interfaces, broadening their range of services, raising the effectiveness of their operations, and forming partnerships in the larger payments ecosystem. Banks also need to recognize that the value of payments will increasingly be realized by deepening customer relationships, not just by direct revenue generation."

Industry Overview. According to the report, global transaction-banking revenues in 2014 were nearly $1.1 trillion, or about 27 percent of total global-banking revenues. By 2024, they are projected to reach nearly $2 trillion, with growth driven by a combination of account revenues (40 percent), transaction revenues (34 percent), and non-transaction card revenues (26 percent). Rapidly developing economies (RDEs, also commonly referred to as emerging markets), most of which are moving toward higher rates of financial inclusion and greater migration from cash to e-payments, are enjoying stronger growth in all metrics than mature markets and will continue to do so. Although retail payments accounted for a small fraction of global transaction values in 2014 (11 percent), they generated 78 percent of total payments revenues and will account for a projected 73 percent of total revenue growth through 2024. North America remains the largest payments and transaction-banking market globally, generating $238 billion in total retail-payments revenues in 2014 (28 percent of the worldwide total), with a projected CAGR of 4 percent through 2024.

Survey: Unlocking the Potential of Consumer Digital Payments. According to BCG's survey, the primary reasons for the slow uptake of digital payment methods are threefold: a lack of compelling value propositions that outperform traditional payment methods and reward structures; persistent security and privacy concerns; and, as a consequence, insufficient merchant acceptance and consumer comfort. BCG says that banks, at the highest level, must educate consumers about digital payments and their added value. In BCG's survey, 55 percent of respondents either found no value in m-wallets or had never heard of them. The banking industry, working with card networks, also has an important role to play in ensuring that security and communication standards are implemented, protocols are followed, and platforms are built with full transaction visibility. In addition, the report says, in order to sufficiently differentiate themselves and prosper in the new digital world, individual banks need to form smart partnerships, enhance consumer engagement linked to payments, optimize the overall consumer-banking experience, and experiment with next-generation technology.

Wholesale Transaction Banking. According to the report, wholesale transaction banking generated close to $330 billion in revenues globally in 2014. Account and payment revenues were $243 billion and are expected to nearly double to about $480 billion by 2024, a CAGR of 7 percent. Trade finance added $45 billion, and value-added services (such as information reporting) contributed another $40 billion. Trade finance revenues should reach nearly $100 billion by 2024, a CAGR of 8 percent. In general, growth will be driven by increasing volumes and deposit balances, as well as by improving spreads. The importance of all these drivers, however, will vary by region.

Although revenue-pool growth projections are strong, the report says, excelling in wholesale transaction banking is becoming increasingly difficult. The attractiveness of the business has heightened competition among banks, while deficiencies in bank services and the rise of multibank platforms have opened the door to nonbank competitors. In addition, the regulatory compliance burden has grown dramatically, adversely affecting client relationships, bank operations, product development, and international expansion. BCG says that there are four critical steps to overcoming current challenges and becoming a transaction-banking champion: focusing on the true needs of treasurers and CFOs, excelling in the basics, differentiating along key dimensions, and outperforming in go-to-market strategies.

"With so much change in the industry, one thing that has not changed is that payments and transaction-banking businesses remain a critical source of reliable revenues and a linchpin of customer relationships and loyalty," said BCG's Stefan Dab. "Their importance will only continue to grow in a digital world."

A copy of the report can be downloaded at

To arrange an interview with one of the authors, please contact Jenelle Tortorella at +1 617 850 3927 or

About The Boston Consulting Group
The Boston Consulting Group (BCG) is a global management consulting firm and the world's leading advisor on business strategy. We partner with clients from the private, public, and not-for-profit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization. This ensures that our clients achieve sustainable competitive advantage, build more capable organizations, and secure lasting results. Founded in 1963, BCG is a private company with 82 offices in 46 countries. For more information, please visit

About features the latest thinking from BCG experts as well as from CEOs, academics, and other leaders. It covers issues at the top of senior management's agenda. It also provides unprecedented access to BCG's extensive archive of thought leadership stretching back 50 years to the days of Bruce Henderson, the firm's founder and one of the architects of modern management consulting. All of our content -- including videos, podcasts, commentaries, and reports -- can be accessed by PC, mobile, iPad, Facebook, Twitter, and LinkedIn.

SWIFT is a member-owned cooperative that provides the communications platform, products and services to connect more than 10,800 banking organizations, securities institutions and corporate customers in over 200 countries and territories. SWIFT enables its users to exchange automated, standardized financial information securely and reliably, thereby lowering costs, reducing operational risk and eliminating operational inefficiencies. SWIFT also brings the financial community together to work collaboratively to shape market practice, define standards and debate issues of mutual interest. For more information, please visit

Jenelle Tortorella
Global Media Relations Senior Specialist

+1 617 850 3927

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Orange County Technology Alliance Names Paul Arling of Universal Electronics Inc. and Raymond Grainger of Mavenlink as Outstanding Technology CEOs of 2015

IRVINE, CA--(Marketwired - Oct 9, 2015) -  The Orange County Technology Alliance recognized a broad array of honorees at the 22nd Annual OC Tech Alliance High-Tech Awards tonight at the Westin South Coast Plaza in Costa Mesa. In addition to naming Paul Arling, CEO, Universal Electronics, as outstanding Public Company CEO of the Year and Raymond Grainger, CEO, Mavenlink, as outstanding Private Company CEO of the year, the OC Tech Alliance also honored Microsemi, Aliso Viejo, as outstanding Public Company of the Year and SYSPRO, Costa Mesa, as outstanding Private Company of the Year.

More than 350 attendees of Orange County's thriving high technology community also celebrated individual innovation awards in nine product categories presented during the event.

"We have a vibrant and creative innovation community here in Orange County," said Peter Craig, CEO, OC Tech Alliance. "The annual High-Tech Awards is the premier Orange County technology event that celebrates our bounty of innovation that our tech companies and individuals produce. Every finalist here for tonight's awards should be proud of the contribution Orange County makes to America's technology industry. Not only does that benefit us locally, our impact is felt across the nation and all over the world. It is especially inspiring to recognize the educators and students who represent our next generation of innovators and leaders."

OC Tech Alliance's education partner, Project Tomorrow, joined the celebration by honoring outstanding schools, teachers and students for their incorporation of technology in education.

"The OC Tech Alliance is thrilled to recognize 45 finalists over all categories. It is an honor to work with these outstanding individuals," added Craig.

Top honors for individual product categories for the 2015 OC High-Tech Innovation Awards were:

  • Clean Tech/Green Tech: Blossom Smart Sprinkler Controller from Blossom.
  • Cloud/SaaS/Web Platform Solutions: Corent SurPaaS® from Corent Technology.
  • Consumer Devices & Software: Insteon Hub from Insteon.
  • Cyber Security: CylancePROTECT from Cylance Inc..
  • Enterprise Hardware & Devices: Integrated GNSS Master Sync Solution from Microsemi.
  • Enterprise Software: iPourit Self-Serve System from iPourit, Inc.
  • Medical Technology: Helix Laboratory Information Management System from Technossus.
  • Mobile & Wearable Technology: Lexmark Mobile Capture™ from Lexmark.
  • Semiconductors: LightSpeed-II CL20010 from ClariPhy.

The Project Tomorrow 2015 Outstanding Technology in Education honorees were:

  • Innovative School wide Program of the Year in Science, Math & Technology
    FEAT Program from Foothill High School, Tustin Unified School District
  • High Impact Teacher of the Year in Science Math & Technology.
    Dwynn Famalette, Aliso Niguel High School, 10-12th Science Teacher
  • Emerging Student Innovator of the Year in Science, Math & Technology
    Anna Lou, Oxford Academy, 11th Grade

"These outstanding innovators, educators, students, executive leaders and companies represent the finest of Orange County. Our tech community has a bright and exciting future," said Craig.

About Orange County Technology Alliance
Orange County Technology Alliance is a 501(c)6 nonprofit trade association committed to fast-forwarding the local innovation economy. It is the successor organization to the Orange County Council of TechAmerica and AeA. It is the only technology association addressing the needs of technology companies and their leaders based in Orange County, Calif. The alliance serves members through local networking, professional development, state and federal advocacy, savings on business services and industry recognition. To learn more about membership, contact OC Tech Alliance at or Follow alliance activities on Twitter at

About Project Tomorrow
Project Tomorrow (, a national education nonprofit organization headquartered in Irvine, California, supports the innovative uses of research-based science, math and technology resources to develop critical thinking, problem solving and creativity in K-12 students. Project Tomorrow addresses the challenges of developing schools for the 21st century through national research projects, community and school-based programs, online tools and resources, and advocacy efforts to ensure that all students are prepared to be tomorrow's leaders, innovators and engaged citizens of the world.

Media Contacts:
Dan Chmielewski
Madison Alexander PR
Email Contact

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Alibaba to Open Second Silicon Valley Data Center to Meet Rising Cloud Demand

HANGZHOU, China--(BUSINESS WIRE)--AliCloud, Alibaba Group’s (NYSE:BABA) cloud computing arm, today
announced that it has launched its second data center based in Silicon
Valley in the United States, addressing increasing demand for affordable
and secure, mission-critical cloud computing while creating an
infrastructure for high availability and effective disaster recovery.
Cloud customers can apply for the center’s services starting Monday
(October 12).

The new facility is AliCloud’s ninth globally and the fourth data center
announced in 2015, after its first U.S. data center in March 2015, a
Singapore data center announced in August, and an
environmentally-friendly lakewater-cooled data center at Qiandao Lake,
China in early September. AliCloud also maintains data centers in
Beijing, Hangzhou, Hong Kong, Shenzhen, and Shanghai in China, and plans
more facilities in other international locations in the Middle East,
Asia and Europe in the future.

The new U.S. data center is designed to accommodate the cloud and big
data requirements of customers in the West Coast for the next three to
five years. AliCloud’s second U.S. data center will feature the same
service level agreements (SLAs) as its first US data center, plus a
portfolio incorporating all AliCloud services currently available in
international markets.

The AliCloud portfolio at the new data center will include more than 10
cloud services that are designed to assist customers focused on
accelerating innovation, including start-ups looking to reduce the cost
of cloud-based service delivery and big data analytics, as well as
established businesses in the gaming, multimedia and mobile Internet

The AliCloud cloud services designed to help enterprises achieve premium
performance and high availability that are available from Silicon Valley

  • Elastic Compute Service (ECS), a simple and efficient computing
    service enabling scalable processing capacity;
  • Analytic Database Service (ADS), a real-time high-concurrency online
    analytical processing (real-time OLAP) service;
  • Cloud Monitor System (CMS), an open platform for real-time monitoring
    of sites and servers;
  • Distributed Relational Database Service (DRDS), an online service for
    distributed relational databases;
  • Key-Value Store (KVS), an online Key-Value storage service compatible
    with the open-source Redis protocol;
  • Message and Notification Service (MNS), an efficient and elastic
    distributed message service;
  • Open Cache Service (OCS), an online caching service for rapid access
    of hotspot data;
  • Open Table Service (OTS), a NoSQL database service;
  • Open Storage Service (OSS), a massive, secure and highly-reliable
    cloud storage service;
  • Relational Database Service (RDS), a reliable, elastic online database
  • Server Load Balancing (SLB), a load-balancing service that distributes
    traffic over multiple cloud servers;
  • Virtual Private Cloud (VPC), an isolated and customized network
    environment including other AliCloud services; and
  • Yundun, a security service which includes distributed denial of
    service (DDoS) protection, host intrusion prevention, vulnerability
    detection, Trojan detection, and more.

“Our data centers are typically located in key innovation and commerce
hubs around the world, where we expect growing demand for cost-efficient
cloud computing and big data analytics services. Our second U.S. data
center is situated in Silicon Valley which is the epicentre for
technology innovation world-wide,” said Ethan Sicheng Yu, Vice President
of AliCloud.

AliCloud data centers help deliver outstanding performance, including
advanced rack design, flash storage and modular infrastructure.
AliCloud’s new Qiandao Lake data center is among the most
energy-efficient in the world.

A number of new partnerships with cloud solution providers have also
been inked to enhance AliCloud’s global value proposition. These
partners, including Mesosphere, Bankware Global, Appcara, Appnovation,
Cloud Comrade and Panzura, complement the services offered by AliCloud’s
data centers around the world, by enabling providing premium cloud
products and services that are closely integrated with the AliCloud
platform, ultimately reducing infrastructure costs and improving
networking efficiency.

“AliCloud is focused on building a comprehensive and holistic global
ecosystem that offers world-class cloud computing and a nuanced
understanding of local requirements. We expect to welcome more partners
and customers onto the AliCloud platform as we extend our global reach
and continue to deliver outstanding value for our cloud computing
infrastructure services,” added Yu.

AliCloud’s overseas strategy aims to help Chinese enterprises reach the
world, and help foreign enterprises enter China’s market. The launch of
the data centers in Silicon Valley enables Internet companies in China
to expand their businesses in North America. Beyond existing data
centers, AliCloud’s strategies are being guided by customer demand.
AliCloud will be seeking local partners such as experienced companies in
the PaaS (Platform as a Service) and SaaS (Software as a Service) areas,
as well as developers dedicated to open source projects, to work with
AliCloud. “Opening up”, “win-win”, and “inclusive technology” are
AliCloud’s principles that will help AliCloud develop localized
strategies to cater to local markets.

About AliCloud

Established in September 2009, AliCloud (,
Alibaba Group’s cloud computing arm, develops highly scalable platforms
for cloud computing and data management. It provides a comprehensive
suite of cloud computing services to support the participants of Alibaba
Group’s online and mobile commerce ecosystem, including sellers, and
other third-party customers and businesses. AliCloud is a business
within Alibaba Group.


Alibaba Group
Beckie Wang, +86 136 0052 5282
Chan, +852 9400 0979

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Historic Hotels of America 2015 Awards of Excellence Winners Announced

Historic Hotels and Recipients Honored at the 2015 Annual Awards
Ceremony and Gala Dinner

WEST BADEN SPRINGS, Ind.--(BUSINESS WIRE)--Historic Hotels of America 2015 Awards of Excellence winners were
announced at West Baden Springs Hotel (1902) at French Lick Resort in
West Baden Springs, Indiana on Thursday, October 8. Awards were
presented before an audience of more than 200 owners, senior management,
invited media, industry leaders, and representatives from the finest
historic hotels across America. Honors were given in multiple categories
ranging from Hotelier of the Year and Hotel Historian of the Year to
Best Historic Resort, Historic Hotelier of the Year, and others.

Each year, these awards honor, encourage, and recognize the most
exemplary historic hotels, hoteliers, and leadership practices. The
Awards of Excellence are presented to historic hotels demonstrating the
highest contribution to furthering the celebration of history and
demonstrating leadership and innovation.

From more than 200 nominees, the following Historic Hotels of America
hotels and hoteliers were honored with these prestigious awards:

Historic Hotels of America New Member of the Year


Hilton Chicago (1927) Chicago, Illinois

Best Small Historic Inn/Hotel (Under 75 Guestrooms)

Green Park Inn (1891) Blowing Rock, North Carolina
Best Historic Hotel (75-200 Guestrooms)

The Jefferson, Washington, DC (1923) Washington, DC
Best Historic Hotel (201-400 Guestrooms)

Loews Don CeSar Hotel (1928) St. Pete Beach, Florida

Best City Center Historic Hotel

Hawthorne Hotel (1925) Salem, Massachusetts

Best Historic Hotel (Over 400 Guestrooms)

The Peabody Memphis (1869) Memphis, Tennessee
Best Historic Resort

Grand Hotel (1887) Mackinac Island, Michigan
Hotel Historian of the Year

Michaelene Lusk Norton, The Lancaster Hotel (1926) Houston, Texas
Legendary Family Historic Hoteliers of the Year

The Lusk Family, The Lancaster Hotel (1926) Houston, Texas
Best Historic Restaurant in Conjunction with a Historic Hotel

Plume, The Jefferson, Washington, DC (1923) Washington, DC
Best Social Media of a Historic Hotel

French Lick Resort (1845) French Lick, Indiana
Historic Hotels of America Sustainability Champion

Xanterra Parks & Resorts
Historic Hotels of America Ambassador of the Year (Quarter Century

Bill Ott, 1886 Crescent Hotel & Spa (1886) Eureka Springs, Arkansas
2015 Historic Hotelier of the Year

Dean Lane, Palmer House®, A Hilton Hotel (1871) Chicago,
2015 Lifetime Achievement Award

Gayle Cook
2015 Historic Hotels of America Historian of the Year Award

Stanley Turkel, Author and Consultant
2016 Historic Hotels of America Journalist of the Year Award

Peter Greenberg, Travel Editor for CBS News

“Historic Hotels of America is proud to congratulate the 2015 Awards of
Excellence winners,” said Lawrence Horwitz, Executive Director of
Historic Hotels of America and Historic Hotels Worldwide. “These
historic hotels and hoteliers represent the pinnacle in historic hotels
and their achievements from Portland, Oregon to St. Pete Beach, Florida.”

The hotels were nominated by fellow members, past award recipients, and
honorees. A panel of experts judged and weighed the nominees in each
category in order to determine a winner. As the official program of the
National Trust for Historic Preservation, Historic Hotels of America
provides the recognition to travelers, civic leaders, and the global
cultural, heritage and historic travel market that the members’ hotels
are among the finest historic hotels across America.

About Historic Hotels of America™

Historic Hotels of America is the official program of the National Trust
for Historic Preservation for recognizing and celebrating the finest
Historic Hotels. Historic Hotels of America was founded in 1989 by the
National Trust for Historic Preservationwith 32 charter
members. Today, Historic Hotels of America has more than 275 historic
hotels. These historic hotels have all faithfully maintained their
authenticity, sense of place, and architectural integrity in the United
States of America, including 44 states, the District of Columbia, the
U.S. Virgin Islands, and Puerto Rico. Historic Hotels of America is
comprised of mostly independently owned and operated properties. More
than 30 of the world’s finest hospitality brands, chains, and
collections are represented in Historic Hotels of America. To be
nominated and selected for membership into this prestigious program, a
hotel must be at least 50 years old; has been designated by the U.S.
Secretary of the Interior as a National Historic Landmark or listed in
or eligible for listing in the National Register of Historic Places; and
recognized as having historic significance. For more information, please

Click here
to see the About Historic Hotels of America video. To view the Historic
Hotels of America 2015 Annual Directory ebook
or download the free app on iTunes,
, and the Windows


Historic Hotels of America
Heather Taylor
Manager, Marketing
Tel: +1 202-772-8333
Fax: +1 202-772-8338

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Republic Airways Holdings Reports September 2015 Traffic

INDIANAPOLIS--(BUSINESS WIRE)--Republic Airways Holdings Inc. (NASDAQ/NM:RJET) today reported
preliminary passenger traffic results for September 2015.

The Company generated more than 905 million revenue passenger miles
(RPMs) in September, down about 1 percent compared to the same period in
2014, with a 4 percent reduction in available seat miles (ASMs). Block
hours declined 5 percent to about 58,000, and the load factor increased
2 percentage points compared to the same period last year. Republic
Airways carried nearly 2 million passengers during the month, a 2
percent decrease compared to August 2014.

2015 2014
Total     Total     Change
RPMs (000s) 905,046 916,274 -1%
ASMs (000s) 1,155,993 1,201,471 -4%
Block Hrs 57,774 60,969 -5%
LF % 78% 76% 2 pts
Passengers 1,810,810 1,841,915 -2%
Departures 33,355 34,952 -5%
Quarter to Date
2015 2014
Total     Total     Change
RPMs (000s) 2,883,927 3,010,870 -4%
ASMs (000s) 3,600,481 3,817,665 -6%
Block Hrs 182,488 194,716 -6%
LF % 80% 79% 1 pts
Passengers 5,897,985 5,946,742 -1%
Departures 106,701 110,272 -3%
Year to Date
2015 2014
Total     Total     Change
RPMs (000s) 8,448,591 8,612,476 -2%
ASMs (000s) 10,718,692 10,898,874 -2%
Block Hrs 542,413 572,077 -5%
LF % 79% 79% 0 pts
Passengers 16,767,166 16,985,158 -1%
Departures 307,089 320,120 -4%

Republic Airways Holdings Inc., based in Indianapolis, Indiana, is an
airline holding company that owns Republic Airlines and Shuttle America,
collectively called “the airlines.” As of Oct. 8, 2015, the airlines
operate a combined fleet of about 240 aircraft and offer scheduled
passenger service with approximately 1,200 flights daily to about 110
cities in the U.S., Canada and the Caribbean through fixed-fee flights
operated under our major airline partner brands of American Eagle, Delta
Connection, United Express and US Airways Express. The airlines
currently employ about 6,500 aviation professionals. For more about
Republic Airways, please visit our website at


Republic Airways Holdings
Corporate Communications

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CORRECTING and REPLACING United Wind Secures $13.5M Financing for Major Expansion of its WindLease Program

Leading renewable energy investors, U.S. Bank and New York Green Bank
partner with United Wind to expand its market leading distributed wind
energy financing program

BROOKLYN, N.Y.--(BUSINESS WIRE)--Please replace the release with the following corrected version due to
multiple revisions within the body of the release.

The corrected release reads:


Leading renewable energy investors, U.S. Bank and New York Green Bank
partner with United Wind to expand its market leading distributed wind
energy financing program

United Wind, a leading provider of distributed wind energy solutions
announced today that it had secured financing from U.S. Bank and New
York Green Bank to expand its market leading WindLease program,
which enables both residential and commercial property owners to lease
distributed-scale wind turbines (≤100kW in rated capacity). United
Wind’s popular program offers qualified customers a fixed rate, 20-year
maintenance-free lease to immediately reduce their energy costs by
harvesting their on-site wind energy, without any initial out-of-pocket
costs required from the customer.

“Rural communities represent a vast, underserved market for renewable
energy across the U.S. and beyond. Our WindLease program delivers
highly competitive energy prices in these areas when compared to the
grid or other renewable technologies,” said Russell Tencer, Co-Founder
and CEO of United Wind. “Today’s announcement represents an inflection
point for our industry; with this new access to affordable project
finance capital, distributed wind is now positioned to grow rapidly and
meet customer demand for affordable wind energy in these communities.”

“U.S. Bank is pleased to announce its commitment to United Wind and
their WindLease program,” said Daniel Siegel, vice president of
U.S. Bancorp Community Development Corporation’s renewable energy
finance division. “We see this opportunity as furthering the bank’s
overall commitment to supporting a green energy future.”

“New York Green Bank is delighted to provide a construction loan to
United Wind, establishing a precedent for distributed energy generation
and addressing the issue of limited private financing market interest to
date in supporting the construction of smaller-scale distributed energy
projects,” said Alfred Griffin, President of New York Green Bank. “We’re
pleased to play a role in providing NYS residential, agricultural, and
small commercial customers with greater access to distributed energy
solutions and ultimately to more affordable energy.”

United Wind launched the WindLease program in late 2013 in an
effort to provide financing to the historically underserved distributed
wind market. During in its first two years of operations, the company
closed two rounds of project financing, deploying over $7 million into
26 projects throughout the northeast. With this new partnership,
distributed wind energy begins its transition from niche concept to
mainstream solution.

About United Wind

United Wind is a leading provider of low-cost distributed wind energy
through its WindLease program. Founded on the belief that the
wind energy must be affordable to compete with conventional, less
sustainable energy sources, United Wind provides customers with low-cost
wind energy options that make sense for today and the future. For more
information visit:

About U.S. Bancorp Community Development Corporation

With nearly $15.8 billion in managed assets as of Dec. 31, 2014, U.S.
Bancorp Community Development Corporation, a subsidiary of U.S. Bank,
provides innovative financing solutions for community development
projects across the country using state and federally sponsored tax
credit programs. USBCDC's commitments provide capital investment to
areas that need it the most and have contributed to the creation of new
jobs, the rehabilitation of historic buildings, the construction of
needed affordable and market-rate homes, the development of renewable
energy facilities, and the generation of commercial economic activity in
underserved communities. Visit USBCDC on the web at


Mahoney Communications Group
Colin Mahoney, 212-220-6045

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Comcast Increases Internet Speeds for No Additional Cost for Majority of Customers in the West

The company introduces new Performance Pro 75 Mbps and Blast! Pro 150
Mbps Speeds in Arizona, Colorado, Houston, Idaho, Kansas, Minnesota,
Missouri, New Mexico, Oregon, Utah, Washington and Wisconsin

DENVER--(BUSINESS WIRE)--Comcast today announced it is increasing Internet speeds with the
introduction of a new Performance Pro speed tier of 75 Mbps and Blast!
Pro speed tier of 150 Mbps. Customers who subscribe to many popular
XFINITY bundles will now receive either Performance Pro, increasing
their download speeds from 50 Mbps to 75 Mbps, or Blast! Pro, increasing
their speeds from 105 Mbps to 150 Mbps, an increase of nearly 50 percent.

For those subscribing to eligible bundles, the new Performance Pro speed
or Blast! Pro speed tiers will be available by the end of October. They
are available to customers in Houston and Washington effective October 9.

To get the new speeds, customers need to re-start their modems. Comcast
will also notify customers who may need to upgrade their modems to be
able to receive the increased speeds. Eligible customers who lease
modems from Comcast will be able to receive upgraded modems at no
additional charge. A list of approved modems can be found online at

In addition to increasing speeds for its customers in Arizona, Colorado,
Houston, Idaho, Kansas, Minnesota, Missouri, New Mexico, Oregon, Utah,
Washington and Wisconsin, Comcast continues to offer the fastest
wireless service. Most XFINITY Internet customers can enjoy
complimentary access to more than 11 million XFINITY WiFi hotspots
nationwide by selecting "xfinitywifi" from the list of available Wi-Fi
networks on their laptops or mobile devices and entering their XFINITY
ID or email and password. Hotspots can be found by either downloading
the XFINITY WiFi App, available for free on iOS and Android devices, or
by visiting the hotspot finder map on
Additionally, Comcast provides consumers with tips on how to create the
best in-home Wi-Fi experience, out of home Wi-Fi experience, and how to
shop safely online.

Comcast has made significant investments in its network over the years,
doubling the capacity of its network every 18 months. Additionally, the
company has been delivering multi-gig speeds (up to 10 Gbps) to
businesses since 2011.

About Comcast Cable:

 is the nation's largest video, high-speed Internet and phone
provider to residential customers under the XFINITY brand and also
provides these services to businesses under the Comcast Business brand.
Comcast has invested in technology to build an advanced network that
delivers among the fastest broadband speeds, and brings customers
personalized video, communications and home management offerings.
Comcast Corporation (Nasdaq: CMCSACMCSK)
is a global media and technology company. Visit for
more information.


Staci Busby, 720-428-1594

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The Future is Now: Hager Environmental’s Emissions Camera is the Solution to Air Pollution

KNOXVILLE, Tenn.--(BUSINESS WIRE)--In light of the recent Volkswagen scandal and the demand for real world
driving cycle data, government entities are questioning traditional
methods and looking for alternatives for testing their fleets. Hager
Environmental & Atmospheric Technologies (HEAT)
has developed
one such option. The “Emission Camera” technology HEAT offers is an
Emissions Detection and Reporting System labeled EDAR.
It is a laser-based system installed on poles above main highways
scanning down on the roadway capturing emissions data of vehicles
passing underneath the unit in real time.

The discovery of Volkswagen’s “defeat devices” will cost billions to
rectify. Working in cooperation with government organizations, devices
like EDAR are fraud proof, low profile, and can capture extraordinary
amounts of emissions data all while drivers are on their daily commute
without any inconvenience.

Thus, abnormalities in emissions testing, otherwise not caught in a
laboratory setting due to smart software developed by car manufacturers,
can be detected effectively off-cycle and on-road at the source;
capturing thousands of vehicles a day.

Government entities worldwide are gathering in order to pose a solution
to the recent deceit by Volkswagen. Recently, at the National Air
Quality Conference held in Birmingham, UK, SMMT’s Mike Hawes stated that
“current regulations for testing are out of date” and the Volkswagen
scandal should not “detract from vital progress toward the
implementation of these new tests.” Stating that real world driving data
is the future and new technologies should be embraced.

Additional pollution being accounted for from diesel vehicles is known
to be quite toxic and compromises the health of thousands. It will be
virtually impossible to reduce the amount of diesel vehicles on-road
immediately. By gathering accurate real-world data, we can make a
difference in driving habits, policy, and enforcement. Organizations
such as the European Union and the United States’ E.P.A. can benefit
greatly from forming a system of these on-road devices.

Urgent action needs to be taken in response to Volkswagen’s defeat
devices in order to rectify the damage being caused to the environment.

Dr. J. Stewart Hager, CEO of Hager Environmental & Atmospheric
Technologies and inventor of EDAR, is a PhD in Molecular Physics and has
many achievements in high-resolution infrared spectroscopy.


Hager Environmental & Atmospheric Technologies
Allison Kelly,
Director of Communications

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Nassau Reinsurance Group to Acquire Traditional Insurance Business from Universal American

Traditional Insurance business to become Nassau’s reinsurance

Nassau to contribute $20 million in equity capital at closing

NEW YORK--(BUSINESS WIRE)--Nassau Reinsurance Group (“Nassau”) today announced that it has entered
into a definitive agreement to acquire Universal American Corp.’s
(NYSE:UAM) (“Universal American”) Traditional Insurance business
(“Traditional Insurance business”). The transaction is expected to close
in early 2016.

The Traditional Insurance business consists of a closed block of
insurance products, including Medicare supplement, other senior health
insurance, specialty health insurance and life insurance, including a
non-strategic closed block of long-term care insurance policies. The
Traditional Insurance business includes Universal American subsidiaries
Constitution Life Insurance Company (“Constitution Life”) and The
Pyramid Life Insurance Company (“Pyramid”), as well as a portion of
business written by American Progressive Life & Health Insurance Company
of New York (“American Progressive”).

Under the terms of the agreement, Nassau will acquire in an all-cash
transaction all outstanding shares of the Constitution Life and Pyramid
businesses, and the remaining portion of the Traditional Insurance
business at American Progressive, for approximately $43 million, subject
to purchase price adjustments based on capital and surplus of $68.5
million. Additionally, upon closing, Nassau will fund $20 million in
equity capital to support the transaction and strengthen the business
moving forward.

Nassau was launched in April 2015 and is an insurance and reinsurance
business founded by insurance industry executives Phillip J. Gass and
Kostas Cheliotis. Nassau is backed by Golden Gate Capital, a private
investment firm founded in 2000 with more than $15 billion of committed

“Nassau is excited to acquire UAM’s Traditional Insurance business,
providing UAM with a complete solution to exit these business lines,”
said Phillip J. Gass, Nassau’s Chairman and CEO. “With stable
profitability and predictable cash flow, we believe the Traditional
Insurance business is an attractive asset for Nassau that will establish
our onshore reinsurance platform, which we intend to grow through
additional closed block reinsurance transactions. Further, with the
injection of $20 million in new capital, we are bolstering the business’
financial strength to support its policyholders and allow for future
growth opportunities.”

Richard A. Barasch, Chairman and CEO of Universal American, commented,
“Continuing our focus on exiting non-core businesses, we are confident
that we have found the right buyer for our Traditional Insurance
business. Nassau provides a unique combination of substantial financial
resources, a proven track record of successfully managing insurance and
reinsurance businesses and a long-term commitment to the Traditional
Insurance business.”

The transaction is subject to customary closing conditions and
regulatory approvals. Upon closing, the Traditional Insurance business
will become a privately held, wholly owned subsidiary of Nassau. The
Traditional Insurance business, which has approximately 30 employees,
will continue to be led by existing management and retain its offices in
Lake Mary, Florida.

Debevoise & Plimpton LLP is acting as legal advisor to Nassau.

About Nassau

Founded in 2015, Nassau Reinsurance Group is an insurance and
reinsurance business focused on acquiring and operating onshore and
offshore platforms with long tail liabilities in the life, annuity and
long term care sectors. Founded by insurance industry executives Phillip
J. Gass and Kostas Cheliotis, Nassau Reinsurance Group has received an
equity capital commitment of $750 million from Golden Gate Capital, a
private investment firm with over $15 billion of committed capital. With
extensive experience both on Wall Street and as investor-operators of
onshore and offshore insurance, reinsurance and asset management
businesses, Nassau Reinsurance Group is uniquely positioned to build and
grow businesses with a long term view. For additional information, visit

About Universal American Corp.

Universal American Corp. (NYSE:UAM), through our family of healthcare
companies, provides health benefits to people covered by Medicare and/or
Medicaid. We are dedicated to working collaboratively with healthcare
professionals, especially primary care physicians, in order to improve
the health and well-being of those we serve and reduce healthcare costs.
For more information on Universal American, please visit our website at


Nassau Reinsurance Group
Verbinnen & Co
Nathaniel Garnick, 212-687-8080
Gore, 312-895-4700

Adam C. Thackery, 914-597-2939
Financial Officer
The Equity Group Inc.
Buonocore, 212-836-9607
Linda Latman, 212-836-9609

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CORRECTING and REPLACING Lyft and the Fuel Rewards® Program Team Up to Offer Drivers Fuel Discounts

Lyft Drivers Can Now Lower Expenses Through Fuel Rewards Savings

DALLAS--(BUSINESS WIRE)--Reissuing release to correct Excentus/Fuel Rewards boilerplate.

The corrected release reads:


Lyft Drivers Can Now Lower Expenses Through Fuel Rewards Savings

The Fuel Rewards® program announced today that Lyft, the highly popular
peer-to-peer ride-sharing program, will join its growing partner network
to offer fuel discounts to Lyft drivers and passengers.

In the past several years, peer-to-peer ride-sharing companies have
captured increased market share and public attention as the sharing
economy has exploded. San Francisco-based Lyft, which currently operates
in more than 150 U.S. cities, has one of the leading smartphone
applications that connects drivers with passengers in need of a ride.
Lyft is known for making transportation a more welcoming, memorable, and
enjoyable experience backed by a culture of treating its drivers better.

Starting in select markets later this year, Lyft drivers will earn
cents-per-gallon rewards that can be redeemed at Shell simply by
enrolling in the Fuel Rewards program. Discounts will grow based on the
number of rides drivers give every week, so the more they drive, the
more they’ll save. After joining, Lyft drivers will have additional ways
to earn fuel savings, which can also be redeemed at participating Shell

“Driver support is a key differentiator for Lyft. We're excited to
provide their drivers with ways to save money on a significant business
expense - fuel - every day,” said Brandon Logsdon, President and
CEO of the Fuel Rewards program. “Fuel Rewards already helps millions of
U.S. consumers save on the cost of fuel and now, we’re happy to welcome
Lyft drivers to our national partner loyalty program.”

The financial value to Lyft drivers is clear: Not only have fuel
discounts been ranked as the most-valued loyalty reward by a recent
nationwide Excentus/Ipsos eNation survey, but fuel can become a very
costly expense in ride-share driver operations, with millions of gallons
consumed monthly across the Lyft driver network. Through the
partnership, Lyft drivers can drive down the cost of their fuel
expenses, while enjoying the high quality and premium fuels offered at
over 12,500 participating Shell stations across the country.

“We’re introducing an exclusive, first-of-its-kind partnership with Fuel
Rewards that will drastically decrease the amount of money Lyft drivers
pay for fuel at participating Shell stations – where top drivers could
position themselves to earn several free tanks per week,” said David
Rust, head of operations strategy at Lyft. “We look forward to piloting
this in a few markets over the coming months, and expect to have a
national rollout to cover 12,500 Shell stations across America early
next year.”

The Fuel Rewards program, with over six million members, is a national
loyalty program comprised of merchant partners across multiple
categories that rewards members with coveted savings on the cost of
fuel, through their everyday purchases made at thousands of
participating retailers across the country.

For more information about the Fuel Rewards program, the Lyft
partnership, or to arrange an interview with company executives, please
contact Vanessa Horwell at
(305.749.5342, x232) or Patricia Nunez at
(305.749.5342, x233).

About the Fuel Rewards program, owned and operated by Excentus

At Excentus, we create programs that help lower the cost of everyday
life. Whether through direct-to-consumer programs like the Fuel Rewards®
and fuelperks! programs, or through companies utilizing our Centego
products and services, Excentus’ proprietary software is the engine
helping numerous loyalty and marketing programs drive down the cost of
everyday commodities like gasoline. In fact, since 2012 we’ve helped
consumers and small businesses across America save over $600 million at
the pump. Creating real savings that positively affect the everyday
lives of real people – that’s what Excentus is all about. Founded in
1996 in Dallas, TX, Excentus is a privately held company with more than
200 employees. For more information, please visit

About Lyft

Lyft was founded to reconnect people and communities through better
transportation. Co-founded in June 2012 by Logan Green and John Zimmer,
Lyft is the fastest growing ride-share company in the U.S. Available in
over 150 cities, Lyft is preferred by drivers and passengers for its
safe and friendly experience, and its commitment to affecting positive
change for the future of our cities.

Shell Oil Company

Shell Oil Company is an affiliate of the Royal Dutch Shell plc, a global
group of energy and petrochemical companies with operations in more than
70 countries. In the U.S., Shell operates in 50 states and employs more
than 20,000 people working to help tackle the challenges of the new
energy future. Shell Oil Company is a leading oil and gas producer in
the deepwater Gulf of Mexico, a recognized pioneer in oil and gas
exploration and production technology and one of America’s leading oil
and natural gas producers, gasoline and natural gas marketers and
petrochemical manufacturers.

Royal Dutch Shell plc

Royal Dutch Shell plc is incorporated in England and Wales, has its
headquarters in The Hague and is listed on the London, Amsterdam, and
New York stock exchanges. Shell companies have operations in more than
70 countries and territories with businesses including oil and gas
exploration and production; production and marketing of liquefied
natural gas and gas to liquids; manufacturing, marketing and shipping of
oil products and chemicals and renewable energy projects. For further
information, visit


Patricia Nunez, +1-305-759-5342 x 233

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Community 1st Bank to Form Bank Holding Company

AUBURN, Calif.--(BUSINESS WIRE)--Community 1st Bank (OTCBB:CFBN), announced that its Board of Directors
has approved the formation of a bank holding company for the Bank. The
proposed reorganization will be effected through a share exchange in
which each of the Bank's shareholders will receive one share of common
stock of Community 1st Bancorp ("Bancorp") in exchange for
each share of the Bank's common stock, including shares of common stock
to be issued upon the conversion of the Bank’s Series C preferred stock.
Bancorp is a new corporation that is being organized for the purpose of
the reorganization, and its principal executive officers and directors
will be the same as those of the Bank.

“The formation of Community 1st Bancorp will provide a
structure to expand the Bank’s options and capacity to continue growth
of its balance sheet,” stated James J. Kim, President and Chief
Executive Officer.

Following the reorganization, the Bank's shareholders will be
shareholders of the new holding company, and the holding company will be
the Bank's parent company. The Bank will continue to exist as a
California bank and to be managed by its current Board of Directors and
officers, and will continue the same business in which it presently is
engaged at its presently established branch offices.

Completion of the reorganization is subject to approval by the Bank's
shareholders and regulators. A special meeting of shareholders is
anticipated to be held on November 16, 2015 for the purpose of voting on
approval of the reorganization, and proxy materials containing
additional information about the meeting and the reorganization will be
distributed to shareholders. Subject to receipt of all required
approvals, the Bank hopes the reorganization will be completed by the
end of the year 2015.

Community 1st Bank is headquartered in Auburn, California, with branches
in Roseville and Auburn and a loan production office in Sacramento,
California. Community 1st Bank offers a wide range of business and
consumer deposit products including remote deposit capture, health
savings accounts, online banking, mobile banking and cash management
services. The Bank also offers a full complement of loan products,
including commercial, consumer, and real estate loans. For more
information about the Bank, visit the Bank’s website at

Forward-Looking Statements

Statements concerning future performance, developments or events,
expectations for growth and income forecasts, and any other guidance on
future periods, constitute forward-looking statements that are subject
to a number of risks and uncertainties.
Actual results may differ
materially from stated expectations.
Specific factors include,
but are not limited to, loan production, competitive pressure in the
banking industry, balance sheet management, net interest margin
variations, the ability to control costs and expenses, changes in the
interest rate environment and financial policies of the United States
government and general economic conditions.
The Bank disclaims
any obligation to update any such factors.


Community 1st Bank
James J. Kim, 530-863-4803
President &
Chief Executive Officer
Fax: 530-863-4849
Kevin R. Watson,
EVP & Chief Financial Officer

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