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Daily Archives: November 6, 2018

Markforged ships 100th metal 3D printing system

Additive manufacturing leader continues mission to transform the $12T manufacturing industry

WATERTOWN, Mass., Nov. 06, 2018 (GLOBE NEWSWIRE) — Markforged, the Boston-area 3D printer company transforming manufacturing, today announced it had shipped, globally, over 100 metal 3D printing systems. The company expects to more than double that number by the end of 2018, further establishing Markforged as the leader in affordable metal 3D printing. To learn more about the Metal X, please visit http://markforged.com/metal-x

The keys to unlocking massive adoption of additive manufacturing (AM) are cost and material selection. Markforged offers machines at a fraction of the price of both traditional manufacturing and existing metal 3D printers, and early customers are already saving hundreds of thousands of dollars per part. Shipping only since March, the company’s shipments now represent almost 10% of a 20 year old market.  With the Metal X, Markforged is now enabling large scale manufacturers to 3D print functional prototypes, tools and fixtures, injection molds, and even end-use parts – all in metal, a material they already use every day.

With low cost and quick installation, the powerful and safe-to-operate Metal X system is enabling engineers and manufacturing professionals to address their business needs:

  • Accelerate time to market for new innovative hardware by rapidly decreasing iteration cycles of traditional product development.
  • Reduce the need for carrying low-turn inventory by printing aftermarket parts on-demand.
  • Simplify logistics and reduce shipping costs by sending part designs directly to printers, whether they’re next door or across the world.
  • Adjust production seamlessly, dynamically, and according to demand, simply switching from part to part in the same platform.

The proliferation of Markforged printers is even creating new manufacturing business models. Re3DTech is a Chicago-area 3D printing service bureau founded in 2016. Founders Russell Beck and Jim Teuber believed in the massive potential of 3D printing, and set up a facility to print parts for interested manufacturers. Thanks to Markforged metal (and composite) printers, their shop now serves hundreds of customers, from global manufacturers to local small business.

“Markforged – especially the Metal X – accelerated our ability to serve a higher level of the industry,” said Beck. “We’re educating more and more companies everyday on the power of additive. Customers can see the performance of the machines in an actual manufacturing environment and it’s incredible to watch them hold a Markforged-printed part for the first time. With Markforged, we nearly always exceed their expectations, and we don’t need hazmat suits or a million-dollar machine to do it.”

“Demand for affordable, strong, and safe metal 3D printing has never been greater,” said Greg Mark, CEO and founder of Markforged. “Markforged is drastically reducing the barriers to entry and opening up additive to more and more businesses every day. We can’t wait to see what 2019 has in store.”

About Markforged
Markforged transforms manufacturing with the most affordable 3D printers capable of producing parts tough enough for the factory floor. Engineers, designers, and manufacturing professionals all over the world rely on Markforged metal and composite printers for tooling, fixtures, functional prototyping, and high-value end-use production. Founded in 2013 and based in Watertown, MA, Markforged has over 200 employees globally, with $57 million in both strategic and venture capital. Markforged was recently selected by Forbes as one of the Next Billion Dollar startups. To learn more about Markforged, please visit https://markforged.com.

Markforged
markforged@highwirepr.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/8de474ba-9270-48d9-b360-06f24ff13145.

Ascom named global company of the year in business awards

Ascom has been named global company of the year by business consultancy Frost & Sullivan in its annual awards.

BAAR, Switzerland, Nov. 06, 2018 (GLOBE NEWSWIRE) — Following its recent analysis of the global enterprise wireless phone market, Frost & Sullivan recognized Ascom (SWX:ASCN.SW) for leading the market with 20% of the total wireless phone shipment and 21.7% of the revenues.1 With a 14% growth in shipments, it was one of the few manufacturers to demonstrate an above-market average growth rate. Frost & Sullivan said its commitment to addressing customer needs, solid implementation of best practices, a distinct and innovative portfolio, and strong brand recognition helped differentiate it from the competition.

“Ascom recognized the need to build processes and tools that deliver consistent results and hence, harnessed several best practices in handset, battery, and system maintenance, as well as compliance adherence,” said Mohamed Alaa Saayed, ICT Industry Director, Frost & Sullivan.

The demanding healthcare market has particularly benefitted from the Ascom Myco, a purpose-built smart devices that enable Wi-Fi, DECT, and 4G LTE communications. Its robust design is capable of withstanding knocks and drops, ensuring compliance with industry security standards. The Ascom Healthcare Platform supports the integration of existing hospital systems such as electronic patient health records, patient monitoring, lab results, nurse call systems and medical devices.

Ascom Chief Sales & Marketing Officer, Francis Schmeer, said: “We are honored to receive this prestigious international award from Frost and Sullivan. For many years we have supported our customers’ critical communications with the latest mobile technologies and continue to innovate to best meet their needs. We are in the final stages of the development of a new smart device, designed for professionals in all sectors, to help them improve their efficiency, coordination and collaboration. This award is testament to the work of every team across our business.”

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

1According to Frost & Sullivan’s latest Global Enterprise Communications Platforms and Endpoints Market study

ABOUT ASCOM

Ascom is a global solutions provider focused on healthcare ICT and mobile workflow solutions. The vision of Ascom is to close digital information gaps allowing for the best possible decisions – anytime and anywhere. Ascom’s mission is to provide mission-critical, real-time solutions for highly mobile, ad hoc, and time-sensitive environments. Ascom uses its unique product and solutions portfolio and software architecture capabilities to devise integration and mobilization solutions that provide truly smooth, complete, and efficient workflows for healthcare as well as for industry and retail sectors.

Ascom is headquartered in Baar (Switzerland), has operating businesses in 18 countries and employs around 1,300 people worldwide. Ascom registered shares (ASCN) are listed on the SIX Swiss Exchange in Zurich.

This document does not constitute an offer or solicitation to subscribe for, purchase, or sell any securities. This document is not for publication in the United States of America or the United Kingdom and should not be distributed in any jurisdiction in a manner where such distribution would not comply with regulatory requirements. In particular, this document may not be distributed in the United States, to United States persons, or to publications with a general circulation in the United States. In addition, the securities of Ascom have not been and will not be registered in any jurisdiction outside Switzerland. The securities of Ascom may not be offered, sold, or delivered, and no solicitation to purchase such securities may be made within the United States or to U.S. persons absent an applicable exemption from the registration requirements of the United States securities laws or within any other jurisdiction and in a manner where such offer, sale, delivery, or solicitation might not be in compliance with regulatory requirements (including the United Kingdom).

Ascom Group Media Office, Daniel Lack, Senior VP Legal & Communications / IR
+41 41 544 78 10, daniel.lack@ascom.com

Crocus Technology Inc. Unveils Industry-Leading TMR-Based Angular Sensor

The CT300 is a 2D magnetic sensor with an angular error well below 0.5°

SANTA CLARA, Calif., Nov. 06, 2018 (GLOBE NEWSWIRE) — Crocus Technology Inc., a leading supplier of disruptive Tunnel Magneto-Resistance (TMR) sensors, today announces the CT300 device, a new break-through TMR-based angular (2D) magnetic sensor with an extremely low angular error and high stability over a wide temperature and voltage ranges to address a variety of markets.

The CT300 is designed using Crocus’s revolutionary Magnetic Logic Unit™ (MLU™) technology and consists of two full-bridge magnetic resistor networks capable of two-dimensional sensing.  In the presence of a rotating magnetic field, the CT300 senses the field and produces two sets of differential signals representing the sine (SIN) and cosine (COS) waveforms. Once the differential signals of the CT300 are processed and compensated, the resulting angular error will be at or below 0.5° over a temperature range of -40°C to +150°C. A single CT300 can measure the absolute angle resulting from a full 360° rotation and can sense magnetic fields ranging from 20 mT to 80 mT.

“The CT300 is a high-performance TMR angular position sensor that showcases the strength of our MLU technology. It will help our customers achieve both higher accuracy measurements and stable performance over the operating range of temperatures and fields for applications that require a precise angular position, rotation direction, and speed information,” states Zack Deiri, CSMO and GM of Sensor Products at Crocus Technology. “The CT300 exceeds the performance metrics of competing solutions in terms of angular error combined with very low noise, high frequency response, and low power consumption which makes the device ideal for, but not limited to, battery operated consumer hand-held devices and IoT applications.”

The CT300 addresses the demands of the consumer, industrial, medical and automotive markets and is highly suited for applications such as OIS (Optical Image Stabilization)/AF (Auto-Focus)-enabled camera modules, optical encoders, BLDC motor control, IoT enabled smart devices and appliances, automation equipment, industrial controls and robotics where precise angular position measurements are required.

CT300 is available in wafer/KGD (Known-Good-Die), an 8-lead TSSOP package, and in an ultra-low profile and small form factor 8-lead DFN package. Samples will be available in December 2018 and fully qualified for production in the first quarter (Q1) of 2019.

About Crocus Technology

Crocus Technology develops and supplies magnetic sensors and embedded memory solutions based on its patented TMR sensor technology, the Magnetic Logic Unit™ (MLU™). Crocus’s magnetic sensors bring significant advantages to industrial and consumer electronic applications requiring high sensitivity, stable temperature performance, low power and low cost. Crocus is headquartered in Santa Clara, California and has offices in Grenoble, France and Beijing and Shenzhen, China. For more information, please visit http://www.crocus-technology.com.

© 2018 Crocus Technology International Corp.  All rights reserved.  Crocus Technology, MLU, and combinations thereof are trademarks of Crocus Technology Inc. and Crocus Technology SA. Other names are for informational purposes only and may be trademarks of their respective owners

For more information, please contact:

Wayne Seto
Crocus Technology
Tel: +1-408-380-8316
Email: wseto@crocus-technology.com

LeddarTech Increases Expertise in Automotive and Semiconductor Technology with the Appointment of Two Senior Executives

Adrian Pierce joins LeddarTech as Vice President of Global Sales and Business Development and Michael Poulin is nominated Vice President of Product Management.

QUEBEC CITY, Nov. 06, 2018 (GLOBE NEWSWIRE) — LeddarTech, an industry leader in providing the most versatile and scalable automotive LiDAR development platform, is pleased to announce the appointment of two key executives to build upon the company’s increasing momentum in solid-state LiDAR technology and further drive its automotive and semiconductor expertise towards global adoption.

Adrian Pierce was appointed as Vice President of Global Sales and Business Development. Mr. Pierce is a results-driven leader with over 25 years’ experience in the semiconductor industry and automotive customer interface. He is an accomplished negotiator with a passion for customer service and a very strong technical understanding of the market needs of automotive customers. Mr. Pierce’s experience includes being Vice President of Global Sales & Marketing, Americas, for NXP Semiconductors. Prior to the merger with NXP in December 2015, he was Vice President for Americas Sales and Marketing for Freescale.

Michael Poulin, Eng., was promoted to Vice President of Product Management. Mr. Poulin, joined LeddarTech in 2010 and held the position of General Manager of Automotive prior to his promotion to Vice President. Mr. Poulin is responsible for the leadership of the company’s product management division, which also includes the application engineering and system specialist teams. These teams are devoted to delivering a LiDAR platform that enables our automotive customers to develop their own optimized LiDAR solutions. Over the course of his career, Mr. Poulin has acquired extensive experience managing teams that have successfully delivered a wide range of LiDAR and other advanced technological products, such as implantable neurosensing and neurostimulation medical devices and motorized prosthetics.

“I am delighted to have Mr. Pierce and Mr. Poulin as part of LeddarTech’s Executive team,” stated Frantz Saintellemy, president and COO at LeddarTech. “Mr. Pierce’s vast experience in the automotive and semiconductor industry and Mr. Poulin’s expertise in automotive LiDAR technology further strengthens our expertise. They have earned their reputations as industry leaders, and their superior management skills and extensive experience will play a key role in growing LeddarTech’s LiDAR automotive development platform to become the most widely deployed in mobility applications,” he concluded.

“LeddarTech is deeply committed to delivering the most versatile, flexible and architecturally scalable LiDAR development platform in the industry to our customers and I am confident that with the addition of these two leaders, combined with the other recent investments in senior management and technical personnel, LeddarTech will enhance our already accelerated time to market,” stated Charles Boulanger, CEO at LeddarTech. He added, “We will continue to intensify our efforts to attract the best talent to the organization both from a technical and leadership standpoint. I anticipate a significant increase of our entire workforce over the next six to nine months—with the addition of 80 new positions that will focus on supporting our customers with our automotive LiDAR development platform.”

About LeddarTech
LeddarTech is an industry leader in providing the most versatile and scalable automotive LiDAR development platform based on the unique LeddarEngine, which consists of a suite of automotive-grade and functional safety certified SoCs working in tandem with LeddarSP software. The company is responsible for several technological innovations in cutting-edge mobility remote-sensing applications. Automotive active safety, autonomous driving, intelligent transportation, inner-city fleet vehicles, and more, are being enhanced using patented LeddarTech technologies.

Additional information about LeddarTech is accessible at www.LeddarTech.com, and on LinkedIn, Twitter or YouTube.

LeddarTech, Leddar, LeddarEngine, LeddarSP, and LeddarTech logos are trademarks or registered trademarks of LeddarTech Inc. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

Contact: Daniel Aitken, Vice President of Marketing and Communications, LeddarTech
Tel.: +1-418-653-9000 ext. 232 Daniel.Aitken@Leddartech.com

Constellation Brands to Present at the Morgan Stanley Global Consumer & Retail Conference, November 13, 2018

VICTOR, N.Y., Nov. 05, 2018 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that David Klein, chief financial officer, and Jim Sabia, chief marketing officer, will present at the Morgan Stanley Global Consumer & Retail Conference on Tuesday, November 13, at the Crowne Plaza Times Square, New York, NY. The presentation is scheduled to begin at 10:00a.m. EST and is expected to cover the company’s strategic business activities, financial and operating performance and outlook for the future in a fireside chat format.

A live audio webcast of the presentation can be accessed on the company’s website at www.cbrands.com in the “Investors” section under “Events & Presentations”. Following the presentation, the webcast will be available on the company’s website for replay through the close of business on December 31, 2018. Financial and statistical information discussed in the presentation and a reconciliation of any reported (GAAP) financial measures with comparable or non-GAAP financial measures will also be available on the company’s website in the “Investors” section under “Reporting”.

About Constellation Brands
Constellation Brands (NYSE: STZ and STZ.B), a Fortune 500® company, is a leading international producer and marketer of beer, wine and spirits with operations in the U.S., Mexico, New Zealand, Italy and Canada. Constellation is the No. 3 beer company in the U.S. with high-end, iconic imported brands such as Corona Extra, Corona Light, Modelo Especial, Modelo Negra and Pacifico. The company’s beer portfolio also includes Ballast Point, one of the most awarded craft brewers in the U.S., and Funky Buddha Brewery. In addition, Constellation is the world leader in premium wine, selling great brands that people love, including Robert Mondavi, Clos du Bois, Kim Crawford, Meiomi, Mark West, Black Box, Ruffino and The Prisoner. The company’s premium spirits brands include SVEDKA Vodka, Casa Noble Tequila and High West Whiskey.

Based in Victor, N.Y., the company believes that industry leadership involves a commitment to brand building, our trade partners, the environment, our investors and to consumers around the world who choose our products when celebrating big moments or enjoying quiet ones. Founded in 1945, Constellation has grown to become a significant player in the beverage alcohol industry with more than 100 brands in its portfolio; about 40 wineries, breweries and distilleries; and approximately 10,000 talented employees. We express our company vision: to elevate life with every glass raised. To learn more, follow us on Twitter @cbrands and visit www.cbrands.com.

MEDIA CONTACTS INVESTOR RELATIONS CONTACTS
Mike McGrew 773-251-4934 Patty Yahn-Urlaub 585-678-7483
Amy Martin 585-678-7141 Bob Czudak 585-678-7170
Tom Conaway 585-678-7503

A PDF accompanying this announcement is available at: http://resource.globenewswire.com/Resource/Download/2a2bb559-482d-4eaa-932f-1a2a2b30e758

New Taiwan Performing Arts Center Billed as Largest in World

KAOHSIUNG, TAIWAN A sprawling complex of four theaters billed as the biggest performing arts center in the world has opened in southern Taiwan.

The National Kaohsiung Center for the Arts houses a 1,981-seat concert hall, a 2,236-seat opera house, a play house and a recital hall under a single roof covering 3.3 hectares (8.2 acres).

The opening season offers a range of artistic performances. The debut installation opera “Paradise Interrupted” is an international co-production with New York’s Lincoln Center Festival, the Spoleto Festival USA and the Singapore International Festival of Arts. The Berlin Philharmonic Orchestra under Gustavo Dudamel, who conducts in Taiwan for the first time, will perform in the venue’s vineyard-style concert hall.

Performers are seeing the new venue as an opportunity.

“Not many people can say that they have performed” at the new venue, said Chloe Young, a member of the Sydney Dance Company. She said it was an honor to be dancing there. “And I think it’s really gonna boost my career, saying I performed in Taiwan, in an amazing theater, amazing facility, and I feel super super lucky.”

The center, which opened last month, was built over eight years at a cost of NT$10.7 billion ($350 million) on the site of a former military barracks in Kaohsiung, a southern city of about 2.8 million people.

The design by Dutch architecture firm Mecanoo reflects the port city’s tropical location and maritime links. It includes an undulating white roof and a large public space with hoists and other cargo ship features.

“I think what is really unique is this roof, what was inspired by the banyan trees with the crown,” said Francine Houben, the creative director of Mecanoo. “I had to create a really new public space specifically for Taiwan, for Kaohsiung, that catches the wind of the ocean and the ventilation of the tropical space.”

The concert hall has the biggest pipe organ in Asia with 9,085 pipes. Built by a German manufacturer, its asymmetric design recalls bamboo.

“I have played many organs both in Taiwan and abroad, but this one is the biggest and the best,” said organist Liu Hsin-hung.

The center also includes an outdoor amphitheater.

He Wen-jhang, a 62-year-old retired physics and chemistry teacher who lives nearby, said he prefers to the art center to another real estate development.

“Coming here to exchange views greatly influences citizens’ temperament,” He said. “In the past, people only rushed to factories to make a living. But now, we have a place to relax and chat to each other. This has a big impact on Kaohsiung’s cultural aspect. A positive impact.”

Source: Voice of America

New Taiwan Performing Arts Center Billed as Largest in World

KAOHSIUNG, TAIWAN A sprawling complex of four theaters billed as the biggest performing arts center in the world has opened in southern Taiwan.

The National Kaohsiung Center for the Arts houses a 1,981-seat concert hall, a 2,236-seat opera house, a play house and a recital hall under a single roof covering 3.3 hectares (8.2 acres).

The opening season offers a range of artistic performances. The debut installation opera “Paradise Interrupted” is an international co-production with New York’s Lincoln Center Festival, the Spoleto Festival USA and the Singapore International Festival of Arts. The Berlin Philharmonic Orchestra under Gustavo Dudamel, who conducts in Taiwan for the first time, will perform in the venue’s vineyard-style concert hall.

Performers are seeing the new venue as an opportunity.

“Not many people can say that they have performed” at the new venue, said Chloe Young, a member of the Sydney Dance Company. She said it was an honor to be dancing there. “And I think it’s really gonna boost my career, saying I performed in Taiwan, in an amazing theater, amazing facility, and I feel super super lucky.”

The center, which opened last month, was built over eight years at a cost of NT$10.7 billion ($350 million) on the site of a former military barracks in Kaohsiung, a southern city of about 2.8 million people.

The design by Dutch architecture firm Mecanoo reflects the port city’s tropical location and maritime links. It includes an undulating white roof and a large public space with hoists and other cargo ship features.

“I think what is really unique is this roof, what was inspired by the banyan trees with the crown,” said Francine Houben, the creative director of Mecanoo. “I had to create a really new public space specifically for Taiwan, for Kaohsiung, that catches the wind of the ocean and the ventilation of the tropical space.”

The concert hall has the biggest pipe organ in Asia with 9,085 pipes. Built by a German manufacturer, its asymmetric design recalls bamboo.

“I have played many organs both in Taiwan and abroad, but this one is the biggest and the best,” said organist Liu Hsin-hung.

The center also includes an outdoor amphitheater.

He Wen-jhang, a 62-year-old retired physics and chemistry teacher who lives nearby, said he prefers to the art center to another real estate development.

“Coming here to exchange views greatly influences citizens’ temperament,” He said. “In the past, people only rushed to factories to make a living. But now, we have a place to relax and chat to each other. This has a big impact on Kaohsiung’s cultural aspect. A positive impact.”

Source: Voice of America