GA Telesis and Tokyo Century Corporation Launch $1 Billion New Technology Engine Leasing Initiative

FORT LAUDERDALE, Fla. & TOKYO-Wednesday, August 2nd 2017 [ ME NewsWire ]

(BUSINESS WIRE)-- GA Telesis and Tokyo Century Corporation announced today the launch of a new technology engine financing initiative focusing on a select group of new technology jet engines. GA Telesis has been an industry leading engine lessor since its inception in 2002 and has consummated well over 1,000 engine transactions. The new joint initiative will enhance GA Telesis’ current technology engine leasing business by implementing a more competitive cost of capital for longer-term and more structured transactions.

The target portfolio will consist of the following engine models: General Electric GEnx, Rolls-Royce Trent 1000 and Trent XWB, Pratt & Whitney GTF and CFM International LEAP engines. GA Telesis and Tokyo Century are targeting the origination and closing of $1 billion new-technology engine transactions over the next 24 months.

“This is an unprecedented time in the history of aviation where each engine manufacturer is delivering a new technology engine simultaneously," said Abdol Moabery, President & CEO of GA Telesis. “With over ten thousand new-technology engines in the backlog, we are prepared to help our airline customers by providing them a customized financing solution to meet their needs,” he added.

“As a company that has built a global reputation for its leasing products, the initiative will continue to define Tokyo Century Corporation’s commitment to the aviation industry,” said Koichi Nakajima, Deputy President, Director and Executive Officer of Tokyo Century Corporation. We are very enthusiastic about the market’s demand for leasing products such as this and we are committed to growing this,” he added.

About GA Telesis

GA Telesis is a global provider of integrated aviation solutions serving the aerospace industry. The Company helps its customers achieve higher levels of performance by creating custom-tailored, multi-faceted solutions integrating its financial asset structuring expertise with component supply chain solutions, jet engine, aircraft systems and aerostructures MRO services. GA Telesis serves over 2,000 customers on six continents supporting all Airbus, Boeing, Bombardier and Embraer aircraft as well as CFM International, General Electric, International Aero Engines, Pratt & Whitney, and Rolls-Royce jet engines.

About Tokyo Century Corporation

Tokyo Century Corporation is a highly specialized and unique financial services company that pioneers new business fields combining finance, services and business expertise, working alongside customers in pursuit of their growth and goals. Through its four core businesses (Equipment Leasing, Specialty Financing, Domestic Automobile Financing, and International Business) Tokyo Century seeks to provide solutions that help increase the corporate value of customers. The Company is a 20% shareholder of GA Telesis.

For further information: please contact: marketing@gatelesis.com

Contacts

GA Telesis, LLC
Cathy Moabery, 954-676-3111
cmoabery@gatelesis.com

Permalink : http://www.me-newswire.net/news/4340/en

The first-ever UNITE with Tomorrowland sets temperatures soaring in Dubai!

~ Magic takes over as Festival City Arena transforms into a haven of dance and music with a live satellite connecting more than 200,000 souls all over the globe ~

Dubai, United Arab Emirates, -Sunday, July 30th 2017 [ ME NewsWire ]
The Festival City Arena was packed with a party crowd full of energy which didn’t stop dancing all night. UNITE with Tomorrowland Dubai at Festival City Arena on 29th July 2017 was definitely a never-seen-before phenomenon in Dubai. Festival-goers set out on this unforgettable journey with show-stopping performances by Armin van Buuren, Dimitri Vegas & Like Mike and KSHMR LIVE from the Mainstage in Belgium, and Martin Solveig, Franky Rizardo, Tom Swoon, Ferreck Dawn, Robert Falcon, Mikael Weermets, Siege, Arcade 82 and Barry Fore on the incredible Dubai stage.
This playground of magic with dazzling laser shows, cold flames, confetti and CO2 streamers ensured the crowd in Dubai had the global magical experience of Tomorrowland right on the dance floor at Festival City Arena. The event showcased live footage from Tomorrowland in Belgium, as well as UNITE with Tomorrowland taking place in seven different countries around the world. Audiences were able to experience the magic and share the love of this beautiful festival, which united EDM lovers across the globe. UNITE with Tomorrowland Dubai was surrounded by the indescribable and surreal Tomorrowland vibe. With one of the biggest and most unforgettable parties ever, Tomorrowland teased fans with its ‘Amicorum Spectaculum’ circus theme which brought alive all manner of magical oddities from around the world.
“I’m still buzzing from the overwhelming electric atmosphere of Unite With Tomorrowland. We have worked for months to make this happen, and we couldn’t have realised this without working closely together with Festival City, the Government, our Media partners, local suppliers and partners. We hope to come back for more soon.” says Nicolas Vandenabeele, Director at Envie Events.
UNITE with Tomorrowland Dubai presented a custom built stage which showcased synchronised lighting and effects across all eight countries of UNITE. The one-of-a-kind stage kept audiences enthralled throughout the event.
Link to download high resolution images of the event in Dubai: https://tomorrowland.app.box.com/s/lwa190pfj4zmhcma3z274q1npjqmkfpa
About Envie Events
Envie Events is proud producer, organizer and promoter of some of the most spectacular, immersive and innovative Dance Music Events in the Middle East including Sensation Dubai, Martin Garrix on NYE 2015, I am Hardwell 2016, Armin Only Embrace 2016.
With over 25 years of combined experience in the entertainment, hospitality, and nightlife industry, the company’s events captivate tour senses and inspire a unique level of fan interaction enhanced by state-of-the-art lighting, pyrotechnics and sound design, large-scale art installations and theatrical performers. Having hosted the first world exclusive open-air edition of Sensation in Dubai, two Mega Night Club operations in Europe and various annual partnerships with globally-renowned concepts such as Sensation, Tomorrowland, WMC Miami, and Summer Clubbing Ibiza, Envie Events aspires to become the ultimate destination of choice for events and concerts in Dubai – attracting the entire MENA Region and beyond.
Contacts
Malaika Fernandes

0971 52 954 9333

malaika.fernandes@mediaagency-me.com



Bipin Pathak

Bipin.pathak@mediaagency-me.com

Permalink : http://me-newswire.net/news/4327/en

Inteva Products Receives International Innovation Award for Structurally Integrated Panoramic Sliding Sunroof

TROY, Mich. -Tuesday, August 1st 2017 [ ME NewsWire ]
(BUSINESS WIRE)-- Inteva Products, LLC, a leading global Tier One automotive supplier of engineered components and systems, received its second consecutive innovation award in the annual Innovation Awards program sponsored by the European Association of Automotive Suppliers (CLEPA). This year’s recognition was for Inteva’s structurally integrated panoramic sliding sunroof developed in cooperation with Daimler for the Mercedes-Benz GLE Coupe.
The structurally integrated panoramic sliding sunroof is one of the largest mechanically operated sliding glass panels available globally. Traditionally, roofs have been manufactured as separate modules and considered one of a vehicle’s main subsystems. This roof is one of the first sunroofs ever to be structurally integrated with the vehicle. This approach allowed the automaker to offer one of the largest sunroofs in the industry while maintaining the structural integrity of the vehicle.
The 2017 CLEPA Innovation Awards, organized in cooperation with Deloitte, celebrate automotive excellence in the categories of Environment, Safety, Connectivity & Automation and Cooperation. Inteva and Daimler received the third-place award in the Cooperation category. This year, CLEPA received 56 applications from 31 companies for innovations introduced around the globe.
About Inteva Products, LLC
Inteva Products, LLC is a leading global automotive supplier providing automakers with innovative, reliable, environmentally friendly products that enhance vehicle quality, safety and performance. Inteva has global resources for engineering, manufacturing and customer service for Closure Systems, Interior Systems, Motors and Electronics, and Roof Systems. Formed in 2008, the tier-one supplier is focused on achieving sustained global growth, providing excellent customer service and driving innovation. Inteva was founded on innovative solutions and the use of applied technology to drive value-based solutions. Inteva employs more than 15,000 people globally and is headquartered in Troy, Michigan USA.
For future company updates, please visit the Inteva Products website, or the company’s Facebook, LinkedIn and Twitter pages.
Contacts
Inteva Products, LLC
Karen Manardo, 248-535-4825
kmanardo@intevaproducts.com

Permalink : http://me-newswire.net/news/4337/en

SES Government Solutions Lands Additional MEO Beam Task Order with U.S. Department of Defense

 Five-year task order leads to enhanced situational awareness and additional connectivity sites using SES’s Medium Earth Orbit fleet



LUXEMBOURG-Tuesday, August 1st 2017 [ ME NewsWire ]

(BUSINESS WIRE)-- SES announced today that SES Government Solutions (SES GS), a wholly owned subsidiary of SES, signed a five-year task order with the U.S. Department of Defense (DoD). Under the agreement, an additional satellite beam will enable access to real-time information for better-informed, life-saving decisions in the field for key U.S. Government end-users. The additional connectivity will be provided via SES’s Medium Earth Orbit (MEO) O3b fleet as part of a high throughput, low latency satellite communications solution SES GS is providing to the U.S. DoD.

Operational benefits of the solution include the capability to transfer large files from remote locations in just minutes instead of hours. Cloud-based applications and information can be used anywhere in the service area. End-users will be able to view simultaneous High Definition videos providing situational awareness to commanders.

“Last year we won the first MEO-enabled satellite connectivity contract for the DoD, and we’ve been supporting our U.S. Government mission partner every step of the way since,” said Pete Hoene, President and CEO at SES Government Solutions. “The customer has been very pleased with the service our extended SES Networks team has provided, hence the desire to proceed with an additional beam.”

The solution includes an additional 432 MHz satellite beam operating at less than 200 milliseconds roundtrip, a full duplex link, gateway access, transportable 2.4m AvL terminals, terrestrial backhaul, installation services and 24/7/365 operations and maintenance activities.

Follow us on:

Twitter: https://twitter.com/SES_Satellites & https://twitter.com/SES_Government

Facebook: https://www.facebook.com/SES.Satellites & https://www.facebook.com/SESGovernmentSolutions

YouTube: http://www.youtube.com/SESVideoChannel & https://www.youtube.com/user/SESGovernment

SE GS Blog: https://www.ses.com/news/blogs & http://www.ses-gs.com/govsat

SES white papers are available under https://www.ses.com/news/whitepapers

SES GS materials available under http://ses-gs.com/govsat/category/resources/

About SES

SES is the world-leading satellite operator and the first to deliver a differentiated and scalable GEO-MEO offering worldwide, with more than 50 satellites in Geostationary Earth Orbit (GEO) and 12 in Medium Earth Orbit (MEO). SES focuses on value-added, end-to-end solutions in two key business units: SES Video and SES Networks. The company provides satellite communications services to broadcasters, content and internet service providers, mobile and fixed network operators, governments and institutions. SES’s portfolio includes the ASTRA satellite system, which has the largest Direct-to-Home (DTH) television reach in Europe, O3b Networks, a global managed data communications service provider, and MX1, a leading media service provider that offers a full suite of innovative digital video and media services. SES is listed on the Euronext Paris and Luxembourg Stock Exchange (Euronext Paris:SESG) (LuxX:SESG). Further information available at: www.ses.com

Contacts

SES
Markus Payer
Corporate Communications & Global PR, SES
Tel. +352 710 725 500
Markus.Payer@ses.com
or
Natalia Kossobokova
Marketing & Communications, SES GS
Tel. +1 703 646 7231
Natalia.Kossobokova@ses-gs.com























Permalink : http://www.me-newswire.net/news/4335/en

Susman Godfrey LLP and Hausfeld LLP Announce a $120 Million Settlement That Impacts Individuals and Institutions Who Owned a U.S. Dollar LIBOR-Based Instrument Between August 2007 and May 2010

NEW YORK -Tuesday, August 1st 2017 [ ME NewsWire ]

(BUSINESS WIRE)-- The following is being released by Susman Godfrey LLP and Hausfeld LLP.

There is a Settlement with Barclays Bank that impacts individuals and institutions that entered into over-the-counter financial derivative and non-derivative instruments directly with Barclays or a Non-Settling Defendant that received payments tied to U.S. Dollar LIBOR. Barclays and the Non-Settling Defendants are U.S. Dollar LIBOR Panel Banks. Please visit www.BarclaysLiborSettlement.com for the list of Defendants. The instruments include certain interest rate swaps, forward rate agreements, asset swaps, collateralized debt obligations, credit default swaps, inflation swaps, total return swaps, options, and floating rate notes.

The litigation claims that the banks manipulated the U.S. Dollar LIBOR rate during the financial crisis, artificially lowering the rate for their own profit, which resulted in purchasers receiving less interest payments for their U.S. Dollar LIBOR-based instruments from the banks as they should have. Plaintiffs assert antitrust, breach of contract, and unjust enrichment claims. Barclays denies all claims of wrongdoing.

Individuals and institutions are included in the Settlement if they:

    Directly purchased certain U.S. Dollar LIBOR-based instruments;
    From Barclays or any Non-Settling Defendant (or their subsidiaries or affiliates);
    In the United States; and
    Owned the instruments at any time between August 2007 and May 2010.

The Settlement will create a $120 million Settlement Fund that will be used to pay eligible Class Members who submit valid claims. Additionally, Barclays will cooperate with the Plaintiffs in their ongoing litigation against the Non-Settling Defendants.

Class Members must submit a Proof of Claim, online or by mail, by December 21, 2017 to get a payment. They are entitled to receive a payment if they have a qualifying transaction with Barclays or a Non-Settling Defendant. At this time, it is unknown how much each Class Member who submits a valid claim will receive.

Even if they do nothing, Class Members will lose the right to sue Barclays for the alleged conduct and will be bound by the Court’s decisions concerning the Settlement. This Settlement will not result in a release of claims against any Non-Settling Defendant, and the litigation against Non-Settling Defendants is ongoing. If Class Members want to keep their right to sue Barclays, they must exclude themselves from the Settlement Class by October 9, 2017. If they stay in the Settlement Class, they may object to the Settlement by October 9, 2017.

The Court will hold a hearing on October 23, 2017 to consider whether to approve the Settlement and approve Class Counsel’s request of attorneys’ fees of up to one-third of the Settlement Fund, plus reimbursement of costs and expenses. Class Members or their lawyers may appear and speak at the hearing at their own expense.

For more information, please visit www.BarclaysLiborSettlement.com, or call 1-888-568-7640.


View source version on businesswire.com: http://www.businesswire.com/news/home/20170801005007/en/

Contacts

Susman Godfrey LLP
Media Contact:
Seth Ard, 212-471-8354
sard@susmangodfrey.com

Versum Materials and NuMat Technologies to Commercialize Next-Generation Adsorbent Technology for Delivery of Dopant Gases

The ION-X® technology platform enables IC manufacturers to meet increasingly demanding performance requirements

● Drives participation in profitable growth market critical for semiconductor manufacturing process
● Leverages Versum Materials’ global infrastructure and franchise
● Creates value for customers by enabling new and differentiated technology



TEMPE, Ariz.-Tuesday, August 1st 2017 [ ME NewsWire ]

(BUSINESS WIRE)-- Versum Materials, Inc. (NYSE: VSM), a leading global materials supplier to the semiconductor industry, and NuMat Technologies, a pioneer in the design and integration of atomically-engineered materials into gas delivery, separation and purification systems, today announced a global, commercial agreement to offer a new line of products for the safe storage and delivery of dopant gases such as arsine, phosphine and boron trifluoride. The new product line is called ION-X® and is based on revolutionary Metal Organic Frameworks (MOFs), which can selectively adsorb, store and safely deliver ultrahigh purity gases at sub-atmospheric pressures. ION-X® offers performance advantages over traditional carbon-based adsorbent technology used in the ion implant processes for the manufacture of semiconductor devices.

Jim Minicucci, general manager for Versum's Process Materials, Asia commented, "NuMat and Versum are combining their respective leadership positions, with NuMat manufacturing the proprietary MOFs and Versum harnessing its world-class global footprint to manufacture, commercialize, and distribute the ION-X®product globally. Building on our long-history in Specialty Gases, we plan to design and construct a new ION-X® dopant gas fill plant at our production site in Sihwa, South Korea."

“We are excited about working together with NuMat Technologies to deliver ION-X® products to our global customer base. ION-X® represents a new and differentiated growth opportunity, is complementary to our Process Materials business, and further aligns with our core competencies as a leading specialty gas manufacturer and supplier,” stated Ed Shober, Senior Vice President of Materials at Versum Materials.

“We are pleased to announce our agreement with Versum Materials to globally commercialize ION-X®. This relationship with Versum represents a strategic pairing of NuMat’s differentiated technology platform with Versum’s operational, quality and commercial leadership in the semiconductor industry. We look forward to executing against a shared mission of delivering value and innovation to customers,” stated Ben Hernandez, Chief Executive Officer at NuMat Technologies.

About Versum Materials
Versum Materials, Inc. (NYSE: VSM) is a leading electronic materials company providing high-purity chemicals and gases, delivery systems, services and materials expertise to meet the evolving needs of the global semiconductor and display industries. Derived from the Latin word for “toward,” the name “Versum” communicates the company’s deep commitment to helping customers move toward the future by collaborating, innovating and creating cutting-edge solutions.

A global leader in technology, quality, safety and reliability, Versum Materials is one of the world’s leading suppliers of next-generation CMP slurries, ultrathin dielectric and metal film precursors, formulated cleans and etching products, and delivery equipment that has revolutionized the semiconductor industry. Versum Materials has annual sales of approximately $1 billion, 2,000 employees and 10 major facilities in Asia and North America. It is headquartered in Tempe, Arizona. Prior to its separation on October 1, 2016, Versum Materials had operated for more than three decades as a division of Air Products and Chemicals, Inc. (NYSE: APD). For additional information, please visit http://www.versummaterials.com.

About NuMat Technologies
NuMat Technologies, Inc. is an advanced technology company innovating at the intersection of big data, material science, and hardware systems. We work with leading partners in the semiconductor, healthcare, and industrial sectors to design material-enabled products that meet the most demanding customer requirements. NuMat is a recognized pioneer in the field of Metal-Organic Frameworks (“MOFs”) - an emerging class of nanoporous materials. MOFs have surface areas far exceeding those of traditional adsorbents, and can be programmed to uniquely interact with target molecules at the atomic level. NuMat’s expertise lies in the design and integration of MOFs into next-generation storage, separation, and purification systems. In doing so, NuMat enables previously unachievable form factors, performance, and cost-advantaged production economics. NuMat provides a total solutions platform for product commercialization, pairing world-class material discovery software with application development and manufacturing expertise. www.numat-tech.com

Versum Investor Inquiries:
Nahla A. Azmy, 610-481-7499
Nahla.Azmy@versummaterials.com
or
Versum Media Inquiries:
Tiffany Zinn, 480-282-6475
Tiffany.Zinn@versummaterials.com
or
NuMat Media Inquiries:
Aileron Communications
Peter Gray, 312-629-9400
pgray@aileroninc.com

The Versum Materials logo and Versum are registered trademarks of Versum Materials, Inc. or its affiliates. ION-X is a registered trademark of NuMat Technologies. All rights reserved.

Forward-Looking Information:

This press release contains certain “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may be identified by references to future periods, and include statements about the anticipated success of our relationship with NuMat, the anticipated success of ION-X® over competing technologies that may become available, our ability to successfully design and construct a new ION-X® dopant gas fill plant in Sihwa, South Korea, our ability to successfully compete as a leading materials supplier to the semiconductor industry, and other matters. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date the statements were made. Actual results and the outcomes of future events may differ materially from those expressed or implied in the forward-looking statements because of a number of risks and uncertainties, including, without limitation, the risk factors described in our filings with the Securities and Exchange Commission, including in our Annual Report on Form 10-K for the fiscal year ended September 30, 2016, and in our periodic filings. Versum Materials disclaims any obligation or undertaking to disseminate any updates or revisions to the forward-looking statements.

Contacts

Versum Investor Inquiries:
Nahla A. Azmy, 610-481-7499
Nahla.Azmy@versummaterials.com
or
Versum Media Inquiries:
Tiffany Zinn, 480-282-6475
Tiffany.Zinn@versummaterials.com
or
NuMat Media Inquiries:
Aileron Communications
Peter Gray, 312-629-9400
pgray@aileroninc.com

Permalink : http://me-newswire.net/news/4334/en

DMS signs partnership with STEP Group

Appointed as Exclusive Media Representatives for “StepFeed”, “YallaFeed” and upcoming STEP Group platforms




Dubai, United Arab Emirates -Tuesday, August 1st 2017 [ ME NewsWire ]

DMS - which serves as the official digital arm of Choueiri Group – has partnered with STEP Group – a leading digital and new media company in the Middle East, with offices in Dubai, Beirut and Cairo. The tie-up with DMS will focus on harnessing the full potential of STEP Group’s modern digital news and entertainment platforms to benefit the communication needs of regional advertisers. DMS will have the exclusive representation rights to sell advertising space for STEP Group’s current platforms (StepFeed and YallaFeed), as well as its upcoming offerings in the region.

Founded in 2012 with a vision to “build the modern Arab World”, STEP Group owns modern news and entertainment brands (websites, digital video platforms and events) which serve content and experiences to progressive young Arab audiences.  One of its flagship brands is “STEP Conference”, now recognized as the largest and most reputable technology, digital, and entertainment conference and festival in the Middle East for Arab startups, entrepreneurs, and digital natives. STEP Group also hosts “STEP Music”, a leading music festival and digital content platform that highlights the best and rising music talent in the Middle East.

Launched in 2015, StepFeed is a dynamic content platform for the modern Middle East. Delivering news coverage and entertainment content to Arab millennials, StepFeed aims to inspire and share a positive narrative for the region with its distinct focus on human stories, as opposed to the events themselves. The platform takes on the responsibility of reporting positive stories about Arabs at a time of heightened negative global coverage.

“YallaFeed” was also launched in 2015 as a modern and daring entertainment platform for Arab millennials. It focuses on issues that matter to Arab youth and provides bold coverage of stories that challenge regional taboos. YallaFeed believes the region’s youth hold opinions and interests about topics which they are restricted from discussing. The platform aims to facilitate greater interaction between audiences and those vital stories.

In the two years since their launch the two platforms have already attracted 3 million unique users, garnered a combined total of 70 million monthly video views, and generated significant social reach through distribution networks. Plans are also underway to launch more STEP Group platforms.

Commenting on the partnership with DMS, Co-founder and CEO Ray Dargham said: “We are excited about our partnership with DMS. By combining our focus on the product and obsession for great creative content with DMS’ dynamic sales force and strong brand capabilities, we will continue to build a platform that our audience loves, while unlocking significant benefits for brands.”

DMS’ Chief Operating Officer, Michel Malkoun, also expressed his enthusiasm and stated, “DMS’ latest partnership with STEP Group, a consortium of digital platforms that produce creative and original content for Arab Millennials, is a very exciting development for us. Its premium platforms ‘StepFeed’ and ‘YallaFeed’ deliver a unique focus on innovative Native Content. We are confident that these platforms will offer our advertising partners new ways to reach out to a generation of Arabs who are ever more plugged-in.”

About Digital Media Services (DMS):

Digital Media Services (DMS) was incorporated in 2010 as the official digital media arm of Choueiri Group. Today, the Company extends a premium portfolio of online / mobile offerings, which reach 120 million Unique Users, generate 2 Billion Page Views and serve over 3.2 billion ads per month. Aligned with Choueiri Group’s commitment to and focus on digital, DMS received a brand makeover in April 2017, which expresses its unique strength as the true voice of independent publishers. DMS is headquartered in Dubai, with presence in key regional markets.

About STEP Group:

STEP Group is a leading digital and new media company in the Middle East with a house of modern news and entertainment brands. STEP Group’s platforms serve content and experiences to a dynamic and young Arab audience across its websites, digital video platforms, and events. 

Contacts

DMS / Choueiri Group:

Assad Jamil, +97144545454

ajamil.mr@choueirigroup.com 



Mojo PR

Mutaz Albadri, +971505706785

mutaz@mojo-me.com