Press Releases

DALLAS, Feb. 9, 2012 /PRNewswire/ -- Behringer Harvard announced today that it has completed the sale of The Palms of Monterrey, a 408-unit, resort-style multifamily community situated on a 28-acre site in Fort Myers, which is on Florida's southwest coast in Lee County, approximately 100 miles south of Tampa. The buyer was Newton, Massachusetts-based Churchill Forge Properties, Inc., an owner and operator of more than 10,000 units of multifamily housing.

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"We have been pleased with the performance of The Palms of Monterrey in terms of its sustained occupancy and net operating income, which exceeded expectations," said Mr. Samuel A. Gillespie, Chief Operating Officer of Behringer Harvard Opportunity REIT II, Inc. "In addition to these property-level performance factors, heightened investor interest in the multifamily property sector has been compressing cap rates. These conditions combined to make this an opportune time for us to market The Palms of Monterrey and capture an attractive 28 percent return on our investment.*"

Behringer Harvard acquired a fee simple interest in The Palms of Monterrey in May 2010 through a joint venture between Behringer Harvard Opportunity REIT II, Inc., a public non-listed real estate investment trust, and a partnership formed by DeBartolo Development and Christian Tyler Properties, LLC. Before May 2010, the joint venture held an interest in a promissory note secured by The Palms of Monterrey that was acquired in October 2009 from the Federal Deposit Insurance Corporation, which was acting as receiver for Corus Bank.

"The Palms of Monterrey is an excellent example of our investment strategy at work, from acquisition to disposition," said Mr. Edward Kobel, President and Chief Operating Officer of DeBartolo Development. "We acquired The Palms of Monterrey during a time when the capital markets had frozen and financing wasn't available. Anticipating a decline in single-family housing demand resulting from the foreclosure crisis, we saw this as an exceptional opportunity to buy a first-class multifamily asset at a significant discount. We successfully added value by leveraging our core competencies and ultimately benefiting from rising demand for apartments and the property's excellent location."

Constructed in 2001 at 15250 Sonoma Drive, the gated community consists of 17 three-story residential buildings, a clubhouse with a business center, a fitness center with a racquetball facility, a lighted tennis court, a playground, two heated pools and a poolside hot tub. Units feature one, two or three bedrooms and range in size from 1,008 to 1,496 square feet.

The Palms of Monterrey is less than a mile from HealthPark Medical Center, an area employment center that includes a 270-bed acute care facility and the only comprehensive children's health care center between Tampa and Miami. Residents are only minutes from Fort Myers Beach and the Sanibel and Captiva islands, as well as many hospitality-industry employers.

*The return on investment was calculated as a simple annual average, fully loaded, net of all fees.

About Behringer HarvardBehringer Harvard creates and manages global institutional-quality alternative investment programs for individual and institutional investors. Programs sponsored and managed by the Behringer Harvard group of companies have attracted equity of more than $5 billion and made investments into more than $11 billion in assets. For more information, contact our U.S. headquarters toll-free at 866.655.3600 or our European headquarters at 011 49 40 34 9999 90, or visit us online at behringerharvard.com.

This release contains forward-looking statements relating to the business and financial outlook of Behringer Harvard Opportunity REIT II, Inc. that are based on our current expectations, estimates, forecasts and projections and are not guarantees of future performance. Actual results may differ materially from those expressed in these forward-looking statements, and you should not place undue reliance on any such statements. A number of important factors could cause actual results to differ materially from the forward-looking statements contained in this release. Such factors include those described in the Risk Factors sections of the offering documents for the offering of shares of Behringer Harvard Opportunity REIT II, Inc. Forward-looking statements in this document speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that may become untrue because of subsequent events. We claim the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.

SOURCE Behringer Harvard

MENLO PARK, Calif., Feb. 9, 2012 /PRNewswire/ -- TE Circuit Protection, a business unit of TE Connectivity, announces a family of eight new single-channel and multi-channel silicon ESD (SESD) protection devices offering the lowest capacitance (bi-directional: 0.10pF typical; uni-directional: 0.20pF typical), highest ESD protection (20kV air and contact discharge) and smallest size (multi-channel: smallest flow-through form-factor and 0.31mm height) packages available on the market.

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The devices' ultra-low-capacitance results in the industry's lowest insertion loss, which is essential for maintaining signal integrity in ultra-high-speed applications. The devices help protect against damage caused by electrostatic discharge (ESD), surge and cable discharge events. The multi-channel devices also feature a flow-through design package that allows for matched impedance of PCB trace routing, which is essential for maintaining high-speed signal integrity. The ultra-low-capacitance, small size and high ESD kV rating of the SESD devices are well-suited for smart phones, HDTVs and similar consumer, auto and other markets' products using today's – and tomorrow's – highest-speed interfaces such as USB 3.0/2.0, HDMI, eSATA, DisplayPort, and Thunderbolt.

The single- and multi-channel SESD devices also feature an industry-leading 20kV contact and air discharge rating, exceeding IEC61000-4-2's 8kV industry standard. In the event of a high voltage ESD strike, this high kV rating helps minimize the risk of the ESD device failing short and permanently disabling the port, or open, exposing the downstream chipset to damage caused by another ESD strike. This capability helps reduce customer complaints and warranty repair costs.

"ESD protection devices add capacitance on data lines, which in turn can cause signal integrity issues that hamper a product's performance and interoperability. Today's high-speed ports need the lowest-capacitance ESD devices available to provide the highest degree of protection while having minimal effect on signal transmission," said Patrick Hibbs, Global Strategic Marketing and ESD Business Manager for TE Circuit Protection. "Our new SESD devices offer capacitance that is up to 92% lower than competing 'ultra-low-capacitance' solutions. This means our SESD devices are ready for Thunderbolt applications today. And even though the 4K ultra-high-definition (UHD) and quad high-definition (QHD) TV markets are still emerging, our SESD devices are ready for these applications as well."

Consumer electronics are constantly shrinking and TE Circuit Protection's SESD devices offer size advantages in the ongoing trend for miniaturization. The single-channel devices are available in 0201-sized XDFN small footprint (0.6mm x 0.3mm x 0.31mm) and 0402-sized XDFN (1.0mm x 0.6mm x 0.38mm) packages. The multi-channel SESD arrays (two-, four- and six-channel options) feature a package height as low as 0.31mm– resulting in up to a 50% lower profile than comparable devices. The SESD devices' lower profile allows for placement closer to the edge of the PCB, or in-between boards and connectors, facilitating design flexibility.

Additionally, one miniature four-channel SESD array can be used in a smaller board area than four 0201 devices, resulting in board space, assembly cost and device cost savings. As the smallest 4- and 6-channel flow-through arrays on the market, these devices also ease routing when used with applications employing miniature-size connectors, such as HDMI Type-D, mini DisplayPort, Thunderbolt and USB 3.0 Micro-B.

Product Family Description:

• SESD0201X1BN-0010-098: 1-channel, bi-di, 0.10pF cap., 20kV rating, 0201 package
• SESD0402X1BN-0010-098: 1-channel, bi-di, 0.10pF cap., 20kV rating, 0402 package
• SESD0201X1UN-0020-090: 1-channel, uni-di, 0.20pF cap., 20kV rating, 0201 package
• SESD0402X1UN-0020-090: 1-channel, uni-di, 0.20pF cap., 20kV rating, 0402 package
• SESD0402Q2UG-0020-090: 2-channel, uni-di, 0.20pF cap., 20kV rating, 0402 3L package
• SESD0802Q4UG-0020-090: 4-channel, uni-di, 0.20pF cap., 20kV rating, miniature array package
• SESD1004Q4UG-0020-090: 4-channel, uni-di, 0.20pF cap., 20kV rating, standard array package
• SESD1103Q6UG-0020-090: 6-channel, uni-di, 0.20pF cap., 20kV rating, miniature array package

ABOUT TE ConnectivityTE Connectivity is a global, $14 billion company that designs and manufactures nearly 500,000 products that connect and protect the flow of power and data inside the products that touch every aspect of our lives. Our nearly 100,000 employees partner with customers in virtually every industry—from consumer electronics, energy and healthcare, to automotive, aerospace and communication networks—enabling smarter, faster, better technologies to connect products to possibilities.

All trademarks are the property of their respective owners without referring to any trademarks specifically.

SOURCE TE Connectivity

TULSA, Okla., Feb. 9, 2012 /PRNewswire/ -- CAVU Resources, Inc. ("CAVU"), which trades as OTC: CAVR.PK, announced today that the FILO SWDW # 1 LP Escrow account received its first investment of the $1.5 million funding commitment made by Amerex Resources Corp., an independent oil and Gas Company, for the project.

The ongoing $5 million offering for FILO SWDW # 1 LP has had both private and institutional interest in the project.  CAVU has recently completed the first phase of the project.  With recently infused equity and debt capital, CAVU was able to reconfigure its saltwater processing facility to meet the minimum requirements of the offering.  By installing additional tanks and pumps the current CAVU facility will be able to process up to 20,000 barrels of saltwater a day. Once the $5 million offering is completed the facility will be able to process 50,000 barrels a day of salt water. This will allow CAVU to restart the previously reworked wells complete the rework of existing and projected drilling of the total 11 well project on the Chisholm lease.

"With the first phase of the funding committed, the operator and partner in the project CAVU Energy Services, Inc. ("CES"), will be able to complete the disposal well and begin utilizing the CAVU Resources facility. The completion of this  private place should eliminate the need for further dilution and or debt related transactions for CAVU in the near future.  CAVU's approximate 40% ownership in CES and the ongoing success of the Chisholm Lease project should pay multiple dividends to our shareholders in the near future," said William Robinson, CEO of CAVU Resources, Inc.

About Amerex Resources Corp.

Amerex Resources Corp. is an independent oil and gas producer headquartered in Woodlands, Texas. Amerex's current areas of activity and interest include Giddings Field, Karnes County, Grimes County, Galveston County, Ft. Bend County, Texas and operates 80 wells in Oklahoma. RJ Abercrombie, CEO of Amerex, said that this is Amerex's first venture into the Commercial Salt Water Disposal business and foresees great potential for other opportunities in this sector for more info go to www.amerexoil.com.

About CAVU Resources, Inc.:

During World War II, Navy fighter pilots would look up at the sky and if it was a "CAVU" day then it meant ceiling and visibility unlimited. The pilots believed they would have unobstructed flying allowing them to see their targets quicker, identify the obstacles they needed to overcome, giving them a greater chance of success.  The founders of CAVU Resources, Inc., chose the name CAVU because they believe that the company will be the embodiment of its name.

CAVU was formed with the goal of becoming a recognized regional player in the independent oil and natural gas industry by growing the company's oil and natural gas reserves. CAVU is a natural resource company engaged in the acquisition, exploration and development of oil and natural gas properties. The Company operates in the upstream segment of the oil and gas industry with planned activities including the drilling, completion and operation of oil and gas wells in Oklahoma, Kansas, Colorado, Montana and Texas. The Company has acquired leases and is currently exploring additional opportunities in oil and gas leases.

CAVU's operating subsidiary, CAVU Energy Services, Inc., licensed Oil and Gas Operating Company manages the company's properties in Oklahoma and plans to operate targeted leases in Kansas, Colorado, Montana and Texas. The company will utilize its own operating equipment and with strategic partners provide contract drilling, fracture stimulation and directional drilling services to oil, natural gas exploration and production companies. CAVU plans to expand operations not only in the traditional Oil and Gas business, but also to invest in technology, waste disposal, Geo-Thermal and Wind, taking advantage of the changing environment and in the world's need for new, green and innovative resources.  More information is available at the company's website at http://www.cavu-resources.com.

Cautionary note: This report contains forward-looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. By their nature, forward-looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to U.S. investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.

Contacts:

Specialty Situations Investor RelationsTel: 973-507-6199

Amerex Resources Corp.RJ Abercrombie, CEOEmail: rj@amerexoil.com Website: www.amerexoil.com Tel: 281-685-9993

CAVU Resources, Inc.Desai V. Robinson, Director of Public Relations           5147 South Harvard Ave, STE 138Tulsa, OK 74135Email: info@cavu-resources.com Website: www.cavu-resources.com                      Tel: 504-722-7402                                           

SOURCE CAVU Resources, Inc.