Showing posts with label Press Release. Show all posts
Showing posts with label Press Release. Show all posts

Tuesday, May 8, 2012

Cubic Corporation

Cubic Delivers Mobile Combat Training Center to Jordan

 

 

SAN DIEGO, CA--(Marketwire - May 3, 2012) - Cubic Corporation (NYSE: CUB) has completed delivery of a mobile Combat Training Center to the country of Jordan under a $17 million contract.

The Foreign Military Sales contract with the Jordanian Armed Forces was made through the U.S. Army's Program Executive Office for Simulation, Training and Instrumentation (PEO STRI).

The agreement includes Multiple Integrated Laser Engagement System Individual Weapons System (MILES IWS) units and units for instrumenting vehicles. In addition, it features an Exercise Control center and an After Action Review center each housed on trailers, allowing the system to be used on training ranges throughout the country.

Cubic's state-of-the art MILES IWS system uses eye-safe lasers on actual weapons to realistically simulate force-on-force combat, and records what happens for later review. "This is a new capability for the Jordanian Armed Forces," said Mike Collier, a senior program manager with Cubic Defense Applications (CDA), which makes the systems. "They have never trained force-on-force with MILES before."

After delivering the system, Cubic personnel conducted three weeks of training about how to use it, followed by a week-long training exercise. The contract also specifies on site support and a two year warranty.

Cubic executives met with Jordanian officials to mark the delivery of the system. "We are honored that the Jordanian Armed Forces has once again chosen a Cubic training product to enhance the security of the country," said Brad Feldmann, president of Cubic Defense Applications. "The CTC will be the backbone of its live training program for years to come, and provide interoperability with the U.S. and other allied nations."

Cubic Corporation is the parent company of three major business segments: Defense Systems, Mission Support Services and Transportation Systems. Cubic Defense Systems is a leading provider of realistic combat training systems, cyber technologies, asset tracking solutions, and defense electronics. Mission Support Services is a leading provider of training, operations, maintenance, technical and other support services.Cubic Transportation Systems is the world's leading provider of automated fare collection systems and services for public transit authorities. For more information about Cubic, see the company's website at www.cubic.com

 

 

Contact Information

WizIQ

WizIQ Wins the Jury-Award for 'Best Education Webinar Series' in the Category of 'Best Service Providers'

MOHALI, INDIA and BOSTON, MA--(Marketwire - May 4, 2012) - Franchise India, Asia's largest integrated franchise solution company, organized the Indian Education Congress 2012, the nation's largest convention on education, where WizIQ won the 'Best Education Webinar Series' award in the category of 'Best Service Providers.'

Top policy makers, educators, and corporate leaders participated in the event, held on April 28-29 at Hotel Claridges, Surajkund, New Delhi.

The occasion also included the prestigious Indian Education Awards 2012, which recognized achievers, innovators and suppliers who have contributed significantly towards the growth of the segment, where WizIQ won the jury-based award in the Education Webinar Series.

WizIQ came into the education market in 2006 as a low-cost virtual classroom platform that connects teachers and learners from around the world. The WizIQ Wednesday Webinars, which are a part of the Education Webinar Series, keep the audience up-to-date about the latest trends and technologies in education.

The WizIQ Conversations, another popular activity on WizIQ, invite educators, luminaries, bloggers, authors, entrepreneurs and veteran teachers to share their expertise, knowledge, and experiences with the audience.

WizIQ is quickly progressing towards making the WizIQ platform available on mobile devices like mobile phones, iPhones, iPads, and other tablets.

About WizIQ
WizIQ is a Chandigarh (Mohali), India based company with offices in Boston, MA, and in Hyderabad, India. WizIQ's online learning and teaching platform connects educators and students through its WizIQ Virtual Classroom technology and courses, with nearly 2 million registered users. WizIQ's teaching tools work from a web browser, eliminating the need to download software or worry about upgrades. At the same time, these tools are scalable enough to meet the needs of universities, and major training and teaching organizations.

 

Media, Press, Advertising, & Marketing Inquiries:
Email: 
pr@wiziq.com

Sales Inquiries:
Email: 
sales@wiziq.com

US
WizIQ, Inc
2 On The Common
PO Box 36
Royalston, MA 01368
978-895-1699

International
WizIQ.com
C-133, Second Floor
Industrial Area, Phase VIII
Mohali-160071
Phone: +91.172.501.3134-35 

GuestLogix

GuestLogix Strengthens Presence in Asia-Pacific Region with Opening of Headquarters in Hong Kong

Company Reinforces Commitment to Better Serve the Asia-Pacific Airline Market

TORONTO, ONTARIO and HONG KONG, CHINA--(Marketwire - May 7, 2012) - GuestLogix Inc. (TSX:GXI), the leading global provider of onboard retail and payment technology to airlines and the passenger travel industry, today celebrates the opening of its Asia-Pacific headquarters in Hong Kong, reinforcing the Company's commitment to expand its global reach and better serve the Asia-Pacific airline market. Collectively, the region's airlines represent more than 700 million passenger-trips* annually, translating to almost one-third of the global passenger traffic.

"The presence of GuestLogix in Asia-Pacific underscores the Company's continued focus on expanding our customer footprint in this key growing market," said Tom Douramakos, President and CEO of GuestLogix. "We are dedicated to applying our global knowledge and capabilities locally to meet the region's specific requirements from our Asia-Pacific hub located in Hong Kong, one of the world's busiest passenger travel centers."

Heading up the Company's Asia-Pacific operations is veteran airline industry executive Tony Sit who has been overseeing market expansion, client services and solutions delivery for the region since late 2011.

"GuestLogix is pleased to launch its Asia-Pacific headquarters to address a growing demand among the region's airlines for a sophisticated, end-to-end onboard retail solution," said Tony Sit, Senior Vice President and General Manager of GuestLogix Asia-Pacific. "We are also excited about the opportunity to strengthen relationships with our customers and partners in the region."

To solidify the Company's presence across Asia-Pacific, GuestLogix also plans to open regional offices in China, Singapore and Australia.

GuestLogix' new office is located at 193 Prince Edward Road West, Grand Century Plaza, Unit 1208-09, Tower 1, Hong Kong. The opening ceremonies will be attended by local dignitaries, key customers, partners and associations. Guests will receive demonstrations of the Company's onboard retailing technology platform including its new Chinese, Japanese and Korean language versions of its solution announced last month.

To learn more about GuestLogix, please visit: www.guestlogix.com.

*Source: ATW World Airline Traffic Results 2010

About GuestLogix

GuestLogix Inc. (TSX:GXI), the leading global provider of onboard store technology and merchandising solutions, helps airlines and other travel operators create, manage, and control onboard retail environments tailored to their needs and their passengers. GuestLogix brings a decade of expertise as a trusted onboard transaction processing partner to airlines around the world. The Company's global headquarters and centre for product innovation is located in Toronto, Canada with regional head offices located in Dallas, Texas (serving Americas) London, UK (serving EMEA), and Hong Kong (serving Asia Pacific). A sales and support office is located in Singapore. Logistics centres are situated in Toronto, Dallas, London and Seoul with a software development centre located in India. More information is available at www.guestlogix.com.

© 2012 GuestLogix. All rights reserved.

Forward-Looking Statements

This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with GuestLogix' business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect GuestLogix' current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risks and Uncertainties" in the Filing Statement filed on February 27, 2012 with the regulatory authorities. GuestLogix assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.

Contact Information

Bank of Montreal

Bank of Montreal to Redeem $1,200,000,000 5.20% Series D Medium-Term Notes Second Tranche

 

TORONTO, ONTARIO--(Marketwire - May 4, 2012) - Bank of Montreal (the "Bank") today announced its intention to redeem all of its $1,200,000,000 Series D Medium-Term Notes Second Tranche (the "Notes") on June 21, 2012.

 

The Notes are redeemable at the Bank''s option on or after June 21, 2012, at par together with unpaid accrued interest to but excluding the date fixed for redemption. Interest on the Notes will cease to accrue from and after the redemption date.

 

Notice will be delivered to holders of the Notes in accordance with the terms outlined in the Notes prospectus.

 

About BMO Financial Group

 

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. With total assets of $538 billion as at January 31, 2012, and more than 47,000 employees, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.

 

For News Media inquiries:
Ralph Marranca, Toronto
416-867-3996
ralph.marranca@bmo.com
Ronald Monet, Montreal
514-877-1873
ronald.monet@bmo.com
For Investor Relations inquiries:
Michael Chase, Toronto
(416) 867-5452
michael.chase@bmo.com
Andrew Chin, Toronto
(416) 867-7019
andrew.chin@bmo.com
Web: 
www.bmo.com

Bombardier Aerospace

WestJet Selects Bombardier Q400 NextGen Airliner

 

"Get More" Q400 NextGen Demonstration Aircraft Heading to Africa

 

TORONTO, ONTARIO--(Marketwire - May 1, 2012) - As Bombardier Aerospace's technologically advanced Q400 NextGen airliner heads to Africa on another leg of its 2012 world tour, its journey is boosted by WestJet's announcement earlier today, that the Q400 NextGen airliner has been selected to meet the airline's business requirement for up to 45 turboprop aircraft to launch its regional airline.

 

"This is a very proud day for Bombardier. We are thrilled to learn that WestJet has selected the Q400 NextGen aircraft for its fleet expansion requirements, just as the "Get More" demonstration aircraft travels to Africa for another series of demonstration tours," said Mike Arcamone, President, Bombardier Commercial Aircraft. "This same aircraft kicked off its world tour in March 2012 with a visit to Calgary, Alberta - home of our WestJetter friends and was able to successfully showcase why our new-generation turboprop aircraft fits perfectly with WestJet's brand. We are pleased to welcome WestJetters to the Bombardier family and we look forward to continuing to work with the WestJet team to finalize the purchase agreement related to its selection of the Q400 NextGen aircraft.

 

"The Q400 NextGen aircraft was selected on its superior merit as the turboprop best suited for the growth-minded operations of WestJet. As a productivity machine, the Q400 NextGen aircraft delivers 78 seats with ample cargo volume to meet the needs of WestJet and its guests. This versatile aircraft is efficient on short-haul missions or can use its speed to reach regional destinations further afield - making it competitive with jets on longer sectors. With an unmatched balance of speed, comfort, cost efficiencies and highly regarded environmental qualities, the Q400 NextGen aircraft is a perfect fit for WestJet," added Mr. Arcamone.

 

The "Get More" Q400 NextGen airliner will be on display and conduct demonstration flights on more than 10 African stops. Q400 aircraft are proving their high value by operating in all kinds of diverse environments - cold weather operations in Canada and Eastern Europe; arid environments of the Middle East and Northern Africa and the humid environments in Western North America and sub-Saharan Africa. No other turboprop performs like the Q400 aircraft in these environments.

 

"Our demonstration flights in Western Canada, Chile and Peru earlier this year were exceedingly successful and we look forward to showcasing our Q400 NextGen aircraft in Africa in the coming weeks," said Raphael Haddad, Vice President, Sales, Middle East and Africa, Bombardier Commercial Aircraft. "More than 200 Bombardier CRJ Series regional jets and Dash 8/Q-Series turboprops - including some 42 Q400 aircraft - are already operating, or are on order, in Africa and the Middle East where they have been deployed in a variety of markets.

 

"The Q400 NextGen airliner is the fastest new-technology turboprop, providing both jet speed and turboprop fuel efficiency which allows the aircraft to deliver the best flexibility and overall operating economics in its market segment," added Mr. Haddad.

 

Bombardier's 2011-2030 market forecast predicts that while starting from a small base, the Middle East and Africa will capture seven per cent, or 980 of the 13,100 worldwide deliveries expected in the 20- to 149-seat market segment. In November 2011, Bombardier Aerospace announced the establishment of a Bombardier Commercial Aircraft regional sales and marketing office in Dubai to serve the Middle East and Africa. The facility, which is located in the Dubai Free Zone near Dubai International Airport, extends Bombardier's global presence and provides closer proximity to current customers and prospects in the Middle East and Africa.

 

Bombardier has booked firm orders for 428 Q400 and Q400 NextGen airliners. The delivered aircraft are in service with approximately 40 operators in 30 countries, on six continents. These aircraft have transported more than 177 million passengers and have logged more than 3.2 million flight hours and over 3.5 million take-offs and landings.

 

About Q400 NextGen aircraft

 

The Q400 NextGen turboprop airliner, which is built at Bombardier's Toronto, Ontario facility, is the most recent development in the evolution of the Q400 aircraft, and the advanced successor to Bombardier's Dash 8/Q-Series family of aircraft. Optimized for short-haul operations, the "comfortably greener," 70- to 80-seat Q400 NextGen aircraft is a large, fast, quiet and fuel-efficient turboprop. It provides an ideal balance of passenger comfort and operating economics with a reduced environmental footprint.

 

The Q400 NextGen aircraft features an enhanced cabin environment with the introduction of LED lighting, new ceiling panels, dished window sidewalls and larger overhead luggage bins. These features, combined with the aircraft's Active Noise and Vibration Suppression (ANVS) system, provide an excellent cabin experience for passengers.

 

Setting new environmental standards, the Q400 aircraft uses 30 to 40 per cent less fuel and produces 30 to 40 per cent fewer emissions on routes where it has replaced similar-capacity, older jets.

 

About Bombardier

 

A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended December 31, 2011, were $18.3 billion, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com or follow us on Twitter @Bombardier.

 

Notes to editors

 

Images of the Q400 NextGen aircraft in WestJet livery, as well as in its "Get More" livery are available in the press releases section at: www.bombardier.com. Additional information, photos and videos will be available on Flickr atwww.flickr.com/bombardieraerospace and www.youtube.com/bombardiervideos.

 

Follow @Bombardier_Aero on Twitter to receive the latest news and updates from Bombardier Aerospace and #GetMore to follow the progress of the Q400 NextGen airliner on its world tour.

 

Active Noise and Vibration Suppression, Bombardier, CRJ, Dash 8, NextGen, Q400 and Q-Series are trademarks of Bombardier Inc. or its subsidiaries.

 

Contacts:
Marc Duchesne
Bombardier Commercial Aircraft
+1-416-375-3030
www.bombardier.com