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NovAtel® Demonstrates Precise Positioning Using the Teseo APP and Teseo V Automotive GNSS Chipsets from STMicroelectronics

Deutsche Version: www.novatel.com/TeseoPRGerman

Calgary, Canada, March 06, 2018 (GLOBE NEWSWIRE) — NovAtel, part of Hexagon’s Positioning Intelligence Division, has integrated its high-precision positioning engine and correction services with the world’s first automotive-grade multi-frequency GNSS chipsets, the STMicroelectronics Teseo APP (Automotive Precise Positioning) and Teseo V. The integration demonstrates future possibilities with regard to vehicle localization solutions. STMicroelectronics’s Teseo APP and Teseo V provide multi-frequency GNSS data for PPP (Precise Point Positioning) and RTK (Real Time Kinematic) for accurate positioning capabilities. The Teseo APP features built-in integrity checking for use in safety-critical systems, whereas Teseo V is used for non-safety-critical precise positioning applications. NovAtel’s positioning engine combines the GNSS measurements from these chipsets with Inertial Measurement Unit (IMU) data and Hexagon Precise Point Positioning (PPP) correction services on the demonstration platform to deliver centimeter-level PPP positioning solutions in real-time.

“Working closely with STMicroelectronics using their Teseo APP chipset allowed us to innovate and speed up the development of our assured positioning solution tailored specifically for safe positioning of autonomous vehicles,” said Jonathan Auld, VP Engineering and Safety Critical Systems from NovAtel.

NovAtel’s positioning engine architecture enables a flexible integration with different GNSS receiver chipsets, IMUs, and processor environments, providing automotive manufacturers with additional flexibility when it comes to selecting components and subsystems of Advanced Driver Assistance Systems (ADAS) and autonomous driving solutions. The positioning engine is being developed to ASIL-B standards according to ISO26262 and will include a proprietary GNSS integrity solution to ensure safe positioning within defined protection limits that are tailored to the customer’s application requirements.

“NovAtel’s choice of the automotive-quality ASIL-capable Teseo APP to integrate with their GNSS positioning engine is enabling them to develop a world-class safety-critical positioning offering to the automotive industry,” said Antonio Radaelli, Director, Infotainment Business Unit, STMicroelectronics.

NovAtel technology continues to be an integral part of the connected and autonomous car ecosystems, including academic research, industry development, and real-life applications. Our automotive positioning solution includes automotive GNSS antenna technology, GNSS/INS positioning engine, and global correction services. Developed by the industry’s most experienced team of high-performance, safety-critical GNSS/INS engineers.

Early results from the Teseo V demonstration platform are available now. To learn more, visit:

www.novatel.com/teseo-integration

About NovAtel 

NovAtel designs, manufactures and sells high precision OEM positioning technology. Developed for efficient and rapid integration, our products have set the standard in quality and performance for over 25 years. State-of-the-art, lean manufacturing facilities in our North American headquarters produce the industry’s most extensive line of OEM receivers, antennas and subsystems. All of our products are backed by a team of highly skilled application engineers.

NovAtel Inc. is part of Hexagon (Nasdaq Stockholm: HEXA B; hexagon.com), a leading global provider of information technology solutions that drive productivity and quality across geospatial and industrial landscapes.

Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/978fa92c-fd66-4a77-9d7c-aeef5becdae7

http://www.globenewswire.com/NewsRoom/AttachmentNg/78e0fc9d-f134-4432-96bd-8b203dd3c5d2

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/3db4147f-f366-4cc3-b772-66832f7c36df

Jennifer Abrahams, Marketing Manager
NovAtel
1.403.630.0382
jennifer.abrahams@hexagon.com

DENSO Licenses NetSpeed IP for use in Advanced Automotive Platform SoCs

SAN JOSE, Calif. , Sept. 27, 2017 (GLOBE NEWSWIRE) — NetSpeed Systems Inc. announced today that DENSO Corporation, a leading global automotive supplier of advanced technology, systems and components, has licensed NetSpeed’s Orion on-chip network IP and Pegasus last-level cache for use in System-on-chip (SoCs) targeting Advanced Automotive Electronic Platforms including autonomous driving (ADAS, Autopilot) systems.

Automobiles are undergoing a dramatic transformation. Design efforts once focused almost exclusively on mechanical power trains and body styling are shifting toward advanced sensing and processing. As cars become autonomous, the SoCs inside that drive them need to be designed differently. SoC design must become much more efficient, error-free, and adaptable to meet next generation of challenges. Achieving the levels of performance, sensing, and functional safety required needs a whole new level of capability. Global leaders like DENSO are leading the charge by spearheading systems and solutions targeted towards the ADAS and autonomous driving systems. NetSpeed’s interconnect technology, with its combination of IP and the Design Cockpit, brings together performance, sensing, and safety, and leverages automation for breakthroughs in automotive design.

“NetSpeed’s interconnect IP offer the outstanding performance, flexibility and advanced functional safety features needed for our products,” said Hideki Sugimoto, General Manager, Semiconductor IP Department, Basic Electronic Technology Unit, DENSO. “Furthermore, NetSpeed Pegasus offering is one of a kind IP that allows us to build scalable platform solutions delivering unprecedented performance, power results.”

“We are excited to be working with DENSO, a company with world-class expertise, experience and an extensive technology portfolio,” said Sundari Mitra, CEO and co-founder of NetSpeed. “DENSO is well positioned to deliver SoC products to drive tomorrow’s automotive systems. With NetSpeed’s IP and the advanced functional safety features it delivers – ISO 26262 ASIL D Compliance – DENSO will be able to utilize its IP more effectively to create richer and more powerful SoC solutions.”

About DENSO Corporation
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2016, totalled US$40.2 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com.

About NetSpeed Systems
NetSpeed Systems provides scalable, coherent on-chip network IPs to SoC designers for a wide range of markets from automotive to high-performance computing and networking. NetSpeed’s on-chip network platform delivers significant time-to-market advantages through a system-level approach, a high level of user-driven automation and state-of-the-art algorithms. NetSpeed Systems was founded in 2011 and is led by seasoned executives from the semiconductor and networking industries. The company is funded by top-tier investors from Silicon Valley. It is based in San Jose, California and has additional research and development facilities in Asia. For more information, visit www.netspeedsystems.com.

Press Contact:
Pauline Shulman
415-375-0303
pauline@pshulman.com

Covisint Extends Relationship with Ford Motor Company

Enables Secure Access to Information and Applications for Global Suppliers

DETROIT, May 31, 2017 (GLOBE NEWSWIRE) — Covisint Corporation (Nasdaq:COVS) today announced that it has extended its relationship with Ford Motor Company (“Ford”).  With this extension, Ford will continue to leverage the Covisint B2B Automotive Exchange.

The Covisint B2B Automotive Exchange currently provides global access to information and applications for more than 615,000 supplier users across 100,000 supplier organizations connected to select global automotive OEMs.  The B2B Automotive Exchange provides global OEMs with the following:

  • Extends the OEMs enterprise to manage external supplier users with single sign-on to critical resources based on user types.
  • Provides delegated administration both for security and access, as well as for content management and collaboration resources.
  • Helps to manage, automate and govern the complex network of people, systems, and devices that need access to resources.
  • Allows authenticated and unauthenticated content to be personalized and presented to users based upon attributes such as location, division and role.
  • Anytime, anywhere 24×7 support with industry-leading service level agreements and availability.

About Covisint Corporation

Covisint is the connected company – we securely connect ecosystems of people, systems and things to enable new service offerings, optimize operations, develop new business models and ultimately enable the connected economy.  Today, we support more than 2,000 organizations and connect to more than 212,000 business partners and customers worldwide.  Learn more at www.covisint.com.

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Safe Harbor for Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding Covisint’s present and future technology design, architecture, performance and operations which affects the Covisint IoT Platform’s market growth and the demand for Covisint’s solutions.  Any forward-looking statements contained in this press release are based upon Covisint’s historical performance and its current plans, estimates and expectations and are not a representation that such plans, estimates, or expectations will be achieved.  These forward-looking statements represent Covisint’s expectations as of the date of this press release.  Subsequent events may cause these expectations to change, and Covisint disclaims any obligation to update the forward-looking statements in the future except as may otherwise be required by the federal securities laws.  These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially.  Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, Ford Motor Company’s ability to non-renew the purchase order or to terminate our contract for convenience.  Further information on potential factors that could affect actual results is included in Covisint’s reports filed with the SEC.

Investor Relations Contact
866-319-7659  
investors@covisint.com

Media Contact
Brad Schechter, Vice President, Corporate Marketing
248-483-2097
bschecht@covisint.com

For Sales and Marketing Information 
Covisint Corporation, 26533 Evergreen Road, Suite 500, Southfield, MI 48076, 800-229-4125
http://www.covisint.com

Mercedes-AMG Drives Performance with SAP® SuccessFactors® Solutions

SOUTH SAN FRANCISCO, Calif., March 29, 2017 (GLOBE NEWSWIRE) — SAP SuccessFactors today announced that Mercedes-AMG has selected SAP® SuccessFactors® human capital management (HCM) solutions to help drive the company’s digital HR transformation and optimize talent management. Mercedes-AMG, the world-renowned sports car and performance brand of Mercedes-Benz, chose SAP SuccessFactors solutions to help centralize its global HR processes, streamline HR service delivery and, most important, attract top talent.

Reinhard Breyer, CIO at Mercedes-AMG, said: “As a global leader in the automotive industry, attracting and retaining the best talent is essential to developing some of the most attractive and innovative sports cars and performance vehicles in the market.”

Jürgen Kress, director of HR at Mercedes-AMG, added: “With the rapid pace of change today, our employees are the heart of our business and are critical to delivering state-of-the-art technological developments. Partnering with the leading provider of cloud-based HCM solutions has been an important step in ensuring our workforce remains happy and engaged, and with SAP SuccessFactors solutions, we are better equipped to remain a global employer of choice.”

Mercedes-AMG selected the SAP SuccessFactors Employee Central, SAP SuccessFactors Recruiting, SAP SuccessFactors Learning and SAP SuccessFactors Performance & Goals solutions to help consolidate its HR systems, improve the recruiting and performance management processes, and provide leading development programs. With these tools, Mercedes-AMG expects to standardize its HR processes and improve the employee experience by ensuring workers have access to easy-to-use, harmonized solutions.

“As the fight for top talent continues to intensify, businesses require technology to help them find and then retain the best people,” said Mike Ettling, president of SAP SuccessFactors. “Cloud-based HCM solutions deliver today’s expected employee experience. We’re delighted to take this journey with Mercedes-AMG to support its commitment to stay at the forefront of innovation within a highly specialized industry, which starts with its people.”

Mercedes-AMG is one of the latest companies to select SAP SuccessFactors solutions to put people first and help them succeed. As more companies look to transform HR to meet the demands of an increasingly global and digital workforce, they are embracing leading SAP SuccessFactors solutions to help unify and optimize HR processes, while also fostering a mobile, cloud-first philosophy.

For more information, visit the SAP SuccessFactors website or the SAP News Center. Follow SAP SuccessFactors solutions on Twitter at @SuccessFactors and SAP at @sapnews.

Media Contact:
Geraldine Lim, SAP, +1 (415) 418-0945, geraldine.lim@sap.com

Dubuc Motors Receives SEC Qualification Under US JOBS Act

The first electric vehicle (EV) company approved to sell equity shares to accredited and non-accredited investors

MENLO PARK, Calif., Feb. 23, 2017 (GLOBE NEWSWIRE) — Dubuc Motors, the company behind the Tomahawk – the world’s first 2+2 electric sports car, announced today the launch of the live offering phase of its equity crowdfunding campaign after the qualification of its filing with the Securities and Exchange Commission (SEC). The company revealed its electric supercar through a Testing the Waters (TTW) campaign in 2016 and is now turning the $6 million in initial funding reservations into real funding dollars.

Photos accompanying this release are available at:

http://www.globenewswire.com/NewsRoom/AttachmentNg/309423be-9f0e-4bb4-a283-e15b58f02cef

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Under Title IV of the JOBS Act, Regulation A+, Dubuc Motors can begin to convert reservations into equity shares. The company regards itself as the first company to jointly conduct a Regulation S offering with a Regulation A, allowing for investors to contribute as little as $200 in the United States as well as internationally. The company will be a low volume manufacturer, with an expected production of up to 1500 units per year.

“People have embraced the idea that the Tomahawk, although an exotic sports car, can be as practical as a sedan,” said Mike Kakogiannakis, co-founder of Dubuc Motors. “We are seeing the incredible response from investors and it’s exciting to see a big community of game changers and trend setters jump on board as shareholders early on.”

The 370-mile range Tomahawk caters to a unique audience, entering the market as the first and only electric all-wheel drive 2+2 sports car. The car accommodates the big and tall, seating drivers up to 6’5” comfortably. Additional features such as rear seats and trunk space add utility, making the Tomahawk an everyday luxury sports car. The Tomahawk is now available for purchase on the company’s website and customers can reserve early with a $5,000 deposit, securing their vehicle for 2018.

About Dubuc Motors:
Dubuc Motors is the company behind the Tomahawk – the world’s first 2+2 electric sports car. Self-funded since the company’s launch in 2013, Dubuc Motors spent 13 years in research and development to create a luxury sports car that merges automotive power with sustainability.

The Tomahawk features top quality performance, going 0-60 mph in 3 seconds while offering a 370-mile range. The company is focused on providing a luxury sports vehicle experience that is sleek yet spacious, and Mother Nature-approved. The vehicle is now available for reservation and will be unveiled in 2018.

For more information or to commit funding on the equity crowdfunding campaign, please visit www.dubucmotors.com

Regulation A Disclaimer:

An offering statement regarding this offering has been filed with the SEC. The SEC has qualified that offering statement, which only means that Dubuc may make sales of the securities described by the offering statement. It does not mean that the SEC has approved, passed upon the merits or passed upon the accuracy or completeness of the information in the offering statement. You may obtain a copy of the offering circular that is part of that offering statement from:
https://www.sec.gov/Archives/edgar/data/1688361/000168836117000008/dubform1a-02212017.htm

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

You should read the offering circular before making any investment.

Contact: Daniella Ruiz
BAM Communications
C: 619.788.1556
Daniella@bamcommunications.biz

Covisint Launches Supplier Engagement Platform for SAIC General Motors and NextEV in China

DETROIT and SHANGHAI, China, Dec. 07, 2016 (GLOBE NEWSWIRE) — Covisint Corporation (Nasdaq:COVS) today announced that it has signed agreements with Chinese automotive OEMs, SAIC General Motors (SGM) and NextEV to launch supplier engagement platforms for each of their global enterprises.

The Covisint platform provides the foundation for SAIC General Motors (SGM) and NextEV to provide easy access to critical applications and content to their ecosystem of suppliers, regardless of size or location, and enable both SAIC General Motors and NextEV to realize the following benefits:

  • Extend their enterprise to manage external supplier users with single sign-on to critical resources based on user types.
  • Delegated administration both for security and access, as well as for content management and collaboration resources.
  • Manage, automate and govern the complex network of people, systems, and things that need access to resources.
  • Authenticated and unauthenticated content that can be personalized and presented to users based upon attributes such as location, division and role.
  • Anytime, anywhere support with industry-leading service level agreements and availability.

“Innovative, high-growth companies like SGM and NextEV recognize the need for a single, global platform to meet their next generation supply chain needs,” said Steve Asam, CTO, Covisint.  “We are proud to expand our global platform to enable the first and only Automotive Exchange to be hosted in China.”

Established in June 1997, SAIC General Motors (SGM) is a joint venture between SAICMOTOR and General Motors, and is the largest automotive OEM in China.  Today, SGM is a multi-brand company with more than twenty product lines, including the world-renowned Buick, Chevrolet, and Cadillac brands, covering the luxury, compact, sedan, MPV, and SUV segments, as well as hybrid and electric vehicles.  They expect over 5,000 suppliers to be connected to the platform in the near future.

Covisint was recognized as supplier of the year by SAIC GM in 2016 and was the sole IT supplier to receive this award.

NextEV is the newest Chinese electric vehicle OEM headquartered in San Jose and has over 2,000 employees across 12 countries.  NextEV released the NIO brand, as well as model EP9 as the first ultra-pure electric vehicle in China on November 21, 2016.

“Covisint is the leader in providing automotive supply chain solutions in China, as our global network continues to grow,” said Yan Zhang, General Manager of Asia Pacific Operations for Covisint.  “This continued growth in China validates the value our platform delivers.”

SAIC General Motors and NextEV join the world’s largest automotive supplier network, which has over 97,000 suppliers globally connected to 7 global OEMs.  Over 600,000 supplier users access more than 700 applications and services across these OEMs.  The community is multi-lingual available in over 10 languages and with 24x7x365 help desk support in 6 global locations. 

About Covisint Corporation
Covisint is the leading Cloud Platform for building Identity and Internet of Things (IoT) applications. Our Cloud Platform technology facilitates the rapid development of identification, authorization and connection of complex networks of people, processes, systems and things.

The Covisint Cloud Platform supports customers in their endeavors to securely identify, authenticate and connect users, devices, applications and information.  It supports 2,000 organizations who connect more than 212,000 business partners and customers that support $4 billion in ecommerce transactions annually.  Learn more at www.covisint.com.

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Investor Relations Contact
866-319-7659 
investors@covisint.com

Media Contact
Brad Schechter
Vice President, Corporate Marketing
248-483-2097
bschecht@covisint.com

For Sales and Marketing Information
Covisint Corporation, 26533 Evergreen Road, Suite 500, Southfield, MI 48076, 800-229-4125
http://www.covisint.com

Forward-Looking Statements
This news release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934 – that is, statements related to future events. In this context, forward-looking statements may address our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For Covisint, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include, risks and uncertainties related to the customer’s launch of the solution within their eco-system; our ability to continue to host the platform in China; our ability to attract new customers; unpredictable macro-economic conditions; and other risks and uncertainties discussed in this and our other filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2016 and subsequent Quarterly Reports on Form 10-Q. We do not undertake to update our forward-looking statements except as required by law.

Zipcar to Launch Its First Floating Car-Sharing Service in Brussels

  • New service will allow members to pick up and drop off vehicles anywhere in the city
  • World’s leading car sharing network to extend international footprint in Europe

BRUSSELS, Belgium, May 31, 2016 (GLOBE NEWSWIRE) —  Zipcar, the world’s leading car-sharing network, today announced its intention to launch a new floating car-sharing service in Brussels. This will mark the seventh major country launch for the brand in Europe and the introduction of its most flexible car-sharing service to date.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/d7f25414-493d-4156-9a82-1f34de1ba654

Zipcar’s floating service is expected to be available in Brussels from 14 September 2016. It will allow members the freedom to pick up and drop off a Zipcar at any location within a set geographical area, providing a convenient and cost-effective way to get around the city. Zipcar members will have exclusive access to a fleet of Peugeot 208 vehicles, a car well-suited to life in the city with easy handling, low emissions and room for up to five people.

The floating service will extend Zipcar’s market offering, which currently provides its nearly one million members across 500 towns and cities with access to a wide range of vehicles and the options of round trip and one-way services.

“The launch of our floating service in Brussels will mark the introduction of our most flexible car-sharing service to date. Having successfully operated a round trip service around the globe for the last sixteen years, we pride ourselves on our ability to innovate and lead growth in the sector,” said Zipcar International President Nicholas Cole. With global car-sharing members set to increase from 2.4 million in 2014 to 23.4 million by 2024, we are proud to offer a range of services that are tailored to meet the mobility needs of cities around the world.”

Zipcar’s announcement follows a press conference today, hosted by Pascal Smet, Minister for Mobility and Public Works for the Brussels-Capital Region, which introduced the concept of free floating car-sharing in Brussels and opened up the permit application process to car-sharing providers. The move is part of the city’s plans to tackle urban mobility and the capital’s heavily congested roads. Zipcar International President Nicholas Cole spoke with reporters at the conference, and highlighted Zipcar’s plans to support the needs of the city once permits have been granted.

Further information on how to become a Zipcar member in Brussels and to sign up for pre-registration is available now at www.zipcar.be. The above forecast of car-sharing membership growth is from consulting firm Navigant.

About Zipcar

Zipcar is the world’s leading car sharing network, driven by a mission to enable simple and responsible urban living. With its wide variety of self-service vehicles available by the hour or day, Zipcar operates in urban areas and university campuses in over 500 cities and towns across Austria, Canada, France, Germany, Spain, Turkey, the United Kingdom and the United States. Zipcar offers the most comprehensive, most convenient and most flexible car sharing options available. Zipcar is a subsidiary of Avis Budget Group, Inc. (Nasdaq: CAR), a leading global provider of vehicle rental services. More information is available at www.zipcar.com.

For more information:

Zipcar International Inquiries:
Email: ZipcarEMEAPR@theprnetwork.co.uk

Zipcar Belgium Inquiries: 
FINN PR
Jurgen Thysmans
Email: zipcar@finnpr.com 
Tel: +32 477 47 78 52