WESLEY CHAPEL, FL -- (Marketwired) -- 05/22/13 -- HPEV, Inc. (OTCQB: WARM), an innovator in thermal dispersion technologies, has entered into an agreement with a worldwide leader in electric motor manufacturing and sales.
HPEV and its customer signed a Memorandum of Understanding (MOU) detailing the implementation, testing and timeline to develop a new product category for the motor and pump industry, a $45 billion market last year. The two companies expect to joint venture with a leader in the pump manufacturing industry. The terms of that relationship are currently being established.
The product in development will be unique in the marketplace. The new motor will not require liquid cooling, effluent cooling, blower cooling or any form of closed-loop cooling. Instead, it will incorporate HPEV's breakthrough platform -- a thermal dispersion technology that more efficiently cools the motor while increasing power output by as much as 25%. Manufacturers will benefit from the increase in output with no increase in manufacturing costs, whereas customers will benefit from the improved energy efficiency and little to no maintenance expense. Maintenance costs for traditional cooling technologies are substantial.
The MOU details the steps that will be taken to integrate and commercialize HPEV's technology into an existing product line and the resulting new industry products. As product development begins in the coming weeks, the two companies will negotiate and establish a license and royalty agreement for the use of HPEV technology.
"This agreement is a transformational moment for the company. We have the opportunity to become a major player in a very large space," said Tim Hassett, HPEV's CEO and founder. "Our breakthrough thermal dispersion technology can be used in numerous industries requiring high performance, low maintenance thermal control. In fact, we are in discussions with several other multi-national manufacturers."
About HPEV, Inc.
HPEV, Inc. is an intellectual property and product development company with expertise in thermal dispersion technologies and their application to various product platforms. The Company is currently commercializing its patented thermal technology and has additional patents-pending for various applications of its proprietary heat removal technologies. The markets that will be addressed by these technologies include myriad industries such as pumps, fans, compressors, batteries, motors, generators and bearings.
Safe Harbor Statement.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on plans and expectations of management and are subject to uncertainties and risks that could affect the company's plans and expectations, as well as results of operations and financial condition. A listing of risk factors that may affect the company's business prospects and cause results to differ from those described in the forward-looking statements can be found in company reports and documents filed with the Securities and Exchange Commission. The company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For HPEV Inc. Inquiries Contact: email@example.com or Capital Group Communications, Inc. Mark Gundy 972-240-1873 Mark Bernhard 415-332-7200
Source: HPEV Inc.
AUSTIN, Texas, May 22, 2013 /PRNewswire/ -- Deals2Buy (www.deals2buy.com), a leading deals website for discounts and close-out inventory offers, today released the Memorial Day weekend edition of its monthly Deal Breaker Report, identifying the hottest deals available on Deals2Buy.com leading up to Memorial Day weekend.
Memorial Day weekend is often thought of as the unofficial start of summer, and according to a survey Deals2Buy recently conducted with The Omnibus Company (www.omnibus.com), consumer-purchasing plans during May reflect consumer excitement for summer to begin. This month, 1 in 5 (20%) consumers surveyed will book summer travel and another 29 percent are likely to buy new summer clothing during this time frame.
To kick-start their summer shopping, 79 percent of consumers surveyed typically seek out information about Memorial Day weekend sales to help them find the best deals. The top resources respondents use to find these sales are newspaper ads or circulars (37%), retailer websites (23%) and coupon websites (17%).
"We're encouraged to see that such a high percentage of consumers plan to take advantage of Memorial Day weekend sales, as May is a great time to get deep discounts on apparel, home goods and gym memberships," says Mike Spankie, senior merchandising manager of Deals2Buy.com. "However, there are some items you may want to hold off on while you're out and about shopping this weekend to avoid paying top dollar if you don't need the items right away."
With warmer weather here or just around the corner, 13 percent of consumers surveyed plan to purchase outdoor furniture in May, but this is when patio furniture and grill costs are at a premium.
"If you can wait, retailers will begin discounting summer seasonal items closer to July and August," adds Spankie.
Additionally, because May is graduation season and many new smartphones have been released onto the market, 17 percent of consumers surveyed plan to purchase consumer electronics in May through the beginning of June.
"I would caution that May is not typically when we see the deepest discounts on new electronics," says Spankie, "but if you're willing to buy an older model, you'll always get a cost benefit."
More than 4 in 5 (83%) consumers surveyed can name at least one electronic item that they would buy an older model of instead of the new version to save money. Laptops (60%), smartphones (56%) and cameras (51%) top this list. However, 17% of respondents are unwilling to purchase older model electronics even if it means they'd save money.
Consumers can visit Deals2Buy.com year-round for discounts on a variety of products and services, but they should act now to take advantage of the Memorial Day weekend deals below.
Editor's Picks – Top Memorial Day Weekend Deals
Save $240 off the Garden Oasis Shoal Creek 7-Piece Dining Set. Now only $359.99 + free delivery or in-store pickup at Sears.http://www.deals2buy.com/deals/o/356664-garden-oasis-shoal-creek-7pc-dining-set
Save 23% off the Crosley Griffith 2 Metal Outdoor Seating Set in White. Now only $159.99 + free shipping at Cymax Stores.http://www.deals2buy.com/deals/o/356670-crosley-griffith-2-metal-outdoor-seating-set-in-whi
Save $120 off a Propel Trampolines 15-foot Trampoline With Enclosure and Anchor Kit. Now only $299.99 + free in-store pickup at Sears.http://www.deals2buy.com/deals/o/356630-propel-trampolines-15ft-trampoline-with-enclosure-a
Save 15% Off Franklin Sports Outdoor and Indoor Hockey, Basketball, Baseball, Volleyball Games including free shipping at BuyDig.http://www.deals2buy.com/deals/o/356722-15-off-franklin-sports-outdoor-and-indoor-hockey-baExpires May 31, 2013
Save up to 50% off sun care products at Walgreens. Includes free shipping with $25 purchase.http://www.deals2buy.com/deals/o/356694-up-to-50-off-suncare-saleExpires May 25, 2013
Save 69% off Lokkii HWG110816F (Black Enamel) 14-inch Portable Charcoal BBQ Grill. Now only $24.99 + free shipping at eBay.http://www.deals2buy.com/deals/o/356665-lokkii-hwg110816f-black-enamel-14-portable-charcoal
Save 82% off an i-Zoom 11 LED 20 Lumens LED Mini Lantern for Camping & Emergencies. Now only $8.99 + free shipping at eBay.http://www.deals2buy.com/deals/o/356669-izoom-11-led-20-lumens-led-mini-lantern-for-camping
Apparel & Accessories
Save up to 50% off select sunglasses and get free 2nd day shipping at SunglassHut.com.http://www.deals2buy.com/deals/o/356680-up-to-50-off--free-2nd-day-shipping-Expires May 31, 2013
Save up to 50% off sunglasses for him or her and get free shipping at eBay.http://www.deals2buy.com/deals/o/356193-up-to-50-off-sunglasses-for-him-or-her--free-shippiExpires May 31, 2013
Save up to 50% off travel with Travelocity's Memorial Day sale.http://www.deals2buy.com/deals/o/356625-save-up-to-50-off-from-travelocityExpires May 27, 2013
Save up to 30% off hotels with the hotels.com Memorial Day sale.http://www.deals2buy.com/deals/o/356622-save-up-to-30-off-during-memorial-day-saleExpires May 27, 2013
Save up to 66% off computers, TVs, Blu-ray players, cameras, appliances and much more at BestBuy. Offers are changing daily between now and June 1, so check back often.http://www.deals2buy.com/deals/o/356631-save-up-to-66-off-during-best-buys-kick-off-to-summExpires June 1, 2013
Survey Methodology:The survey was conducted by The Omnibus Company between May 2 and May 9, 2013, among 1,058 nationally representative Americans ages 18 and over, using an email invitation and an online survey. Quotas are set to ensure reliable and accurate representation of the entire U.S. population 18 and over. Results of any sample are subject to sampling variation. The magnitude of the variation is measurable and is affected by the number of interviews and the level of the percentages expressing the results. In this particular study, the chances are 95 in 100 that a survey result does not vary, plus or minus, by more than 3 percentage points from the result that would be obtained if interviews had been conducted with all persons in the universe represented by the sample. The marge of error for any subgroups will be slightly higher.
Founded in 2002, Deals2Buy (www.deals2buy.com) focuses on delivering consumers time-sensitive last-minute deals on thousands of products and services. Known among tech professionals and enthusiasts as a leading destination for deals on items like laptops, computing hardware and other technology products, the site has since expanded its discounted offerings to include promotions for products and services — everything from clothing and credit card offers to jewelry and tax-preparation services. Deals2Buy is a RetailMeNot, Inc. website. Follow Deals2Buy on Twitter, Facebook and Google+. To get hot deals delivered directly to your inbox, sign up for deal alerts at http://www.deals2buy.com/#subscribe-modal.
About RetailMeNot, Inc.
RetailMeNot, Inc. (http://www.retailmenot.com/corp/) is the world's leading digital coupon marketplace. The company's websites enable consumers across the globe seeking to save money to find hundreds of thousands of offers from retailers. RetailMeNot, Inc. experienced more than 450 million consumer visits to its sites in 2012. The RetailMeNot, Inc., portfolio of coupon and deal websites includes www.RetailMeNot.com, the leading online coupon site in the United States; www.VoucherCodes.co.uk, the leading online coupon site in the United Kingdom; www.Deals.com in Germany; www.ActiePagina.nl in the Netherlands; Bons-de-Reduction.com and www.Poulpeo.com in France; and www.Deals2Buy.com, a leading discount offer site in North America.
Allison+Partners Public RelationsDeals2Buy@allisonpr.com
Demand for tokenless authentication to secure cloud, VPN and Microsoft Office365 drives growth in Russia, Kazakhstan and neighbouring CIS countries
WETHERBY, United Kingdom--(BUSINESS WIRE)-- Swivel Secure, a global leader in multifactor tokenless authentication has bolstered its presence in Russia with a new exclusive agreement with leading Russian distributor, NGS Distribution.
The move responds to an increase in demand for Swivel’s flexible multifactor tokenless authentication solution, which has been driven, in part, by those seeking to use the technology to secure Microsoft Office365, for which Swivel is the only authorised tokenless provider.
NGS Distribution is one of Russia’s foremost distributors of information security and IT infrastructure management technology, with partners spanning Russia, Kazakhstan and a variety of additional CIS countries. Through the subsequent signing of NGS Distribution, Tsarev Evgeny, Head of Swivel Secure, CIS, has strengthened Swivel’s regional presence and sales channel significantly.
“Swivel Secure’s growth in Russia is evidence of the benefits that its solution delivers to a wide range of industries,” comments Eugene Tsarev, Head of Swivel Secure in the CIS. “Signing the right distribution partner is essential to our success. NGS Distribution has quickly proven itself to be both professional and innovative in its approach to developing and support the channel. Its depth of experience within the regional technology sector is already proving invaluable.”
Swivel Secure is a UK network security solutions provider that has pioneered the development of tokenless, multifactor authentication technology. The Swivel authentication platform, first launched in 2003, is now used in over 35 countries by governments and global enterprises in a range of sectors including healthcare, pharmaceuticals and logistics as well as in hundreds of smaller businesses around the world.
Vasily Dubinin, President, NGS Distribution, comments: “It is clear that Swivel’s unique approach to multifactor authentication is in considerable global demand and with Swivel Secure in the final stages of FSTEC certification, we are naturally very excited to be introducing the technology to this part of the world. The competitive strength of the Swivel solution combined with our knowledge and connections in the information security sectors in Russia, Kazakhstan and other CIS counties should quickly enable us to capture a significant portion of the market.”
Swivel Secure’s tokenless approach has harnessed the power of the mobile device by enabling it to act as a ‘virtual token’, thus eliminating the need for a consumer to carry and care for an additional fob. This greatly reduces the cost and time associated with provisioning new users, maintaining and updating the system and replacing lost or stolen tokens.
The Swivel authentication platform provides secure remote access to business networks, virtual desktops and cloud-based applications. Offering the widest range of user deployment options, according to Gartner, the Swivel platform offers the choice of mobile apps, SMS and interactive voice response channels when full multifactor authentication is required.
Swivel customers can also opt to utilise PINsafe, Swivel’s unique, patented one-time-code extraction protocol. PINsafe combines the use of registered PINs with random ten digit security strings that are sent to the user via SMS, mobile app, telephone, or web, either on demand or in advance. The user combines the PIN with the string in order to work out their unique one-time access code. This protocol puts the user right at the heart of Swivel’s strong multifactor authentication process.
Source: Swivel Secure
PITTSBURGH, May 22, 2013 /PRNewswire/ -- On this date in 1923, Ketchum, which is one of the world's largest communications firms, incorporated in Pittsburgh with three employees. Today Ketchum's nearly 3,000 colleagues around the world in 130 locations celebrate the firm's 90th anniversary, making it the longest-tenured public relations firm in the world. It will commemorate the milestone with a series of global philanthropic initiatives, including donating 90 creative brainstorm sessions to nonprofit organizations over a period of 90 days. Ketchum's Pittsburgh office will support It's About the Warrior, a nonprofit organization dedicated to helping post-9/11 vets and their families transition back into civilian life financially, educationally, recreationally and therapeutically.
"As we celebrate our 90th anniversary, we are looking ahead at how we can continually increase the value we deliver to our clients, colleagues and the communities in which we live and work. To keep our focus on the future, we will be celebrating our anniversary by improving the lives of those less fortunate," said Rob Flaherty, senior partner and chief executive officer of Ketchum. "Ketchum has a rich history and culture that we draw upon to help guide the decisions we make for the firm every day. I am extremely proud of the enormous success Ketchum has achieved to date, and with that success comes the responsibility to propel our business and the industry forward during this time of opportunity."
A Commitment to CSRDriven by the belief that the power of communication can create a better world, Ketchum has a long legacy of providing pro bono support to nonprofit organizations through hands-on volunteer efforts, fundraising campaigns and strategic counsel. For the next 90 days, Ketchum colleagues will lead and participate in creative brainstorms to assist a local nonprofit in overcoming a challenge the organization is currently facing. Pittsburgh will support It's About the Warrior, an organization dedicated to helping post-9/11 vets and their families transition back into civilian life financially, educationally, recreationally and therapeutically. Their long-term goal, in addition to raising funds to aid in the aforementioned way, is to build a state-of-the-art facility to provide accessible, quality mental and physical care to our U.S. veterans. Additional organizations can be found at www.ketchum.com/90-brainstorms.
Flaherty said, "Several years ago, the agency set a goal to lead in the area of corporate citizenship and established the award-winning Ketchum Social Responsibility program as a platform for a wide range of partnerships, initiatives and pro bono projects that we are undertaking. As we mark our anniversary, we believe that one of the most meaningful ways to engage our global network and celebrate our success is by continuing this commitment to giving back to others."
This year also marks Ketchum's fifth anniversary with Room to Read, a global organization focused on transforming children's lives through literacy and gender equality in education. Underscoring the importance of Room to Read's mission, Ketchum and its employees have committed to donating the money needed to empower 90 girls who are enrolled in the nonprofit's Girls' Education program to graduate from secondary school and develop the skills needed to succeed beyond the classroom. The money raised will be a combination of agency and employee contributions.
"So many girls are forced to drop out of school due to economic, social or safety factors, which leaves them at a disadvantage for the rest of their lives," said Erin Ganju, co-founder and CEO of Room to Read. "It is our goal to provide girls around the world with equal access to a quality education, allowing them to gain literacy skills and become active members of society, lifting themselves, their families and society out of poverty. Ketchum's commitment to support 90 young women in the Morogoro Region of Tanzania and a region in India through financial support, mentorship and life skills training will provoke a wave of empowerment that will cascade to future generations."
A Commitment to Client Service and Break Through InitiativesThe cornerstone of Ketchum's 90 successful years is the partnerships it has developed with its clients throughout the years. Said Ketchum senior partner and chairman Ray Kotcher, "With some of the longest-standing relationships in the communications industry, our clients have placed their trust in us to help them advance their brands and build their reputations. Together, we have created a number of the most recognized and sophisticated campaigns in the industry, from feeding Stouffers products to the Apollo 11 crew, to developing and coordinating the Atlanta Olympic Games Torch Relay, to helping Doritos pioneer consumer-generated Super Bowl advertising, to supporting IBM's Centennial celebrations, including the world's largest Day of Service event."
Flaherty said, "Looking forward, we aim to be the most valued communications consultancy in the world. We will do this by ensuring our teams are working seamlessly across any geography where our clients need us, increasingly integrating paid, earned, shared and owned media, and providing detailed marketing analytics that allow companies to evaluate effectiveness and optimize their budgets."
About KetchumKetchum is a leading global communications firm with operations in more than 70 countries across six continents. Named 2012 PR Agency of the Year (PRWeek and European Excellence Awards) and the winner of an unprecedented three consecutive PRWeek Campaign of the Year Awards, Ketchum partners with clients to deliver strategic programming, game-changing creative and measurable results that build brands and reputations. For more information on Ketchum, a part of Diversified Agency Services, a division of Omnicom Group Inc., visit www.ketchum.com.
About Diversified Agency ServicesDiversified Agency Services (DAS), a division of Omnicom Group Inc. (NYSE: OMC) (www.omnicomgroup.com), manages Omnicom's holdings in a variety of marketing communications disciplines. DAS includes over 200 companies, which operate through a combination of networks and regional organisations, serving international and local clients through more than 700 offices in 71 countries.
-- Companies to focus on potential companion diagnostic opportunity --
DENVER--(BUSINESS WIRE)-- Corgenix Medical Corporation (OTCBB: CONX), a worldwide developer and marketer of diagnostic test kits, announced today that it has entered into a collaboration agreement with Eli Lilly and Company (NYSE: LLY) to develop diagnostic technology in support of a Lilly oncology pipeline program. Under the terms of the agreement, the two companies will collaborate to further advance this proprietary diagnostic technology originally developed by Lilly. The financial terms of the agreement were not disclosed.
“We are very pleased to enter into this new and exciting collaboration with Lilly,” said Douglass Simpson, President and CEO of Corgenix, “This relationship strengthens our company’s program of strategic alliances in key areas of laboratory and research medicine. The Lilly collaboration in particular opens a new door for Corgenix as we continue to explore this technology in global clinical research as potential new technology to meet the needs of oncology clinicians worldwide.”
The collaboration with Lilly is part of Corgenix’ recently announced expansion of its Contract Services Business Unit for contract product development, technology application and manufacturing for the healthcare and biotechnology industries.
About Corgenix Medical Corporation
Corgenix is a leader in the development and manufacturing of specialized diagnostic kits for immunology disorders, vascular diseases and bone and joint disorders, including the world’s only non-blood-based test for aspirin effect. Corgenix diagnostic products are commercialized for use in clinical laboratories throughout the world. The company currently sells over 50 diagnostic products through a global distribution network and has significant experience in product submissions to the FDA and other worldwide regulatory authorities. Additionally Corgenix contract develops and manufactures products for key medical and life science companies in state-of-the-art facilities in Colorado. The company operates under a Quality Management System that is ISO 13485:2012 certified and compliant with FDA regulations. More information is available at www.corgenix.com (Corporate website) and www.corgenix.net (Contract Services website).
Corgenix Medical Corp.Corgenix Company Contact:William Critchfield, 303-453-8903Senior VP Operations and Finance and CFOwcritchfield@corgenix.comorMedia Contact:Armada Medical MarketingDan Snyders, 303-623-1190 x 230Vice President, Public Relations Supervisordan@armadamedical.com
Source: Corgenix Medical Corporation
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