Tag Archives: Safe Harbor Statement

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Avery Dennison Prices $250 Million Senior Notes Offering

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Avery Dennison Prices $250 Million Senior Notes Offering

PASADENA, Calif.–(BUSINESS WIRE)– Avery Dennison Corporation (NYS: AVY) announced today that it has priced an underwritten public offering of $250,000,000 aggregate principal amount of 3.35% Senior Notes due 2023. The Senior Notes were priced at 99.898% of their principal amount. The offering is expected to close on April 8, 2013, subject to customary closing conditions.

Avery Dennison intends to use the net proceeds from the offering to repay existing indebtedness under its commercial paper program.

The joint book-running managers for this offering are Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC, RBS Securities Inc., and Wells Fargo Securities, LLC, with HSBC Securities (USA) Inc. and Mitsubishi UFJ Securities (USA), Inc. as co-managers.

Avery Dennison has filed a registration statement with the SEC relating to the offering. The offering may be made only by means of a preliminary prospectus supplement and accompanying prospectus, copies of which may be obtained from Merrill Lynch, Pierce, Fenner & Smith Incorporated at Attn: Prospectus Department, 222 Broadway, 11th Floor, New York, NY 10038, by calling (800) 294-1322 or by emailing dg.prospectus_requests@baml.com, or J.P. Morgan Securities LLC at Attn: Investment Grade Syndicate Desk, 383 Madison Avenue, 3rd Floor, New York, NY 10179, or by calling (212) 834-4533.

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

About Avery Dennison

Avery Dennison (NYS: AVY) is a global leader in labeling and packaging materials and solutions. The company’s applications and technologies are an integral part of products used in every major market and industry. With operations in more than 50 countries and 30,000 employees worldwide, Avery Dennison serves customers with insights and innovations that help make brands more inspiring and the world more intelligent. Headquartered in Pasadena, California, the company reported sales from continuing operations of $6 billion in 2012.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995:

This press …read more
Source: FULL ARTICLE at DailyFinance

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DISH Network Places Offering of $2.3 Billion in Senior Notes

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DISH Network Places Offering of $2.3 Billion in Senior Notes

ENGLEWOOD, Colo.–(BUSINESS WIRE)– DISH Network Corporation (NAS: DISH) today announced that its subsidiary, DISH DBS Corporation, has priced an offering of $1.1 billion aggregate principal amount of 5.125% Senior Notes due 2020 (the “2020 Notes”) and $1.2 billion aggregate principal amount of 4.250% Senior Notes due 2018 (the “2018 Notes”). The 2020 Notes and the 2018 Notes will, in each case, be issued at an issue price of 100%. The net proceeds of the offering are intended to be used for general corporate purposes, which may include wireless and spectrum-related strategic transactions.

The offering is expected to close on April 5, 2013, subject to customary conditions.

The notes will only be offered and sold to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act“) and in offshore transactions in accordance with Regulation S under the Securities Act. The notes being offered have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction. The notes may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the notes; nor shall there be any sale of these notes in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Except for historical information contained herein, the matters set forth in this press release are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in DISH Network Corporation’s and DISH DBS Corporation’s Disclosure Regarding Forward-Looking Statements included in their recent filings with the Securities and Exchange Commission, including their annual reports on Form 10-K. The forward-looking statements speak only as of the date made, and DISH Network Corporation and DISH DBS Corporation expressly disclaim any obligation to update these forward-looking statements.

DISH Network Corporation
Media Relations:
Bob Toevs, …read more
Source: FULL ARTICLE at DailyFinance

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Acacia Subsidiary Enters into Agreement with RPX Corporation

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Acacia Subsidiary Enters into Agreement with RPX Corporation

NEWPORT BEACH, Calif.–(BUSINESS WIRE)– Acacia Research Corporation (NAS: ACTG) announced today that its Acacia Research Group LLC subsidiary has entered into a patent rights agreement with RPX Corporation.

ABOUT ACACIA RESEARCH CORPORATION

Acacia Research Corporation‘s subsidiaries partner with inventors and patent owners, license the patents to corporate users, and share the revenue. Acacia Research Corporation‘s subsidiaries control over 250 patent portfolios, covering technologies used in a wide variety of industries.

Information about Acacia Research Corporation and its subsidiaries is available at www.acaciaresearchgroup.com and www.acaciaresearch.com.


Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This news release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including the economic slowdown affecting technology companies, our ability to successfully develop products, rapid technological change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. Our Annual Report on Form 10-K, recent and forthcoming Quarterly Reports on Form 10-Q, recent Current Reports on Forms 8-K and 8-K/A, and other SEC filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.

Acacia Research Corporation
Rob Stewart
Investor Relations
Tel (949) 480-8300
Fax (949) 480-8301
or
Media Contact:
SpecOps Communications
Adam Handelsman
President & Founder
(212) 518-7721
adam@specopscomm.com

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:

The article Acacia Subsidiary Enters into Agreement with RPX Corporation originally appeared on Fool.com.

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Source: FULL ARTICLE at DailyFinance

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DISH Network Announces Debt Offering

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DISH Network Announces Debt Offering

ENGLEWOOD, Colo.–(BUSINESS WIRE)– DISH Network Corporation (NAS: DISH) today announced that its subsidiary, DISH DBS Corporation, plans to offer, subject to market and other conditions, approximately $1.0 billionaggregate principal amount of its senior notes. The net proceeds of the offering are intended to be used for general corporate purposes, which may include wireless and spectrum-related strategic transactions.

The notes will only be offered and sold to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act“) and in offshore transactions in accordance with Regulation S under the Securities Act. The notes being offered have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction. The notes may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the notes; nor shall there be any sale of these notes in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Except for historical information contained herein, the matters set forth in this press release are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in DISH Network Corporation’s and DISH DBS Corporation’s Disclosure Regarding Forward-Looking Statements included in their recent filings with the Securities and Exchange Commission, including their annual reports on Form 10-K. The forward-looking statements speak only as of the date made, and DISH Network Corporation and DISH DBS Corporation expressly disclaim any obligation to update these forward-looking statements.

DISH Network Corporation
Media Relations:
Bob Toevs, 303-723-2010
bob.toevs@dish.com
or
Investor Relations:
Jason Kiser, 303-723-2210
jason.kiser@dish.com

KEYWORDS:   United States  North America  Colorado

INDUSTRY KEYWORDS:

The article DISH Network Announces Debt Offering originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same …read more
Source: FULL ARTICLE at DailyFinance

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Foster Wheeler Awarded Technical Consultancy Services Contracts by Apache Khalda for the Qasr Compre

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Foster Wheeler Awarded Technical Consultancy Services Contracts by Apache Khalda for the Qasr Compression Project in Egypt

ZUG, Switzerland–(BUSINESS WIRE)– Foster Wheeler AG (NAS: FWLT) announced today that subsidiaries of its Global Engineering and Construction Group have been awarded contracts by Apache Khalda Corporation LDC (Apache Khalda) for the provision of technical consultancy services to oversee the engineering, procurement and construction (EPC) phase of the Qasr Compression Project in Egypt. The Qasr Compression Project will provide additional compression to the existing facilities at the Qasr gas condensate field, in the Western Desert, approximately 525km west of Cairo.

The Foster Wheeler contract value was not disclosed and will be included in the first-quarter 2013 bookings.

Foster Wheeler will assist Apache Khalda in the management and administration of the EPC phase of the project as part of a joint project management team. The EPC phase is expected to be completed in the first- quarter 2015.

The company also provided project management consultancy services to Apache Khalda during the front-end engineering design phase.

Foster Wheeler AG is a global engineering and construction company and power equipment supplier delivering technically advanced, reliable facilities and equipment. The company employs approximately 13,000 talented professionals with specialized expertise dedicated to serving its clients through one of its two primary business groups. The company’s Global Engineering and Construction Group designs and constructs leading-edge processing facilities for the upstream oil and gas, LNG and gas-to-liquids, refining, chemicals and petrochemicals, power, mining and metals, environmental, pharmaceuticals, biotechnology and healthcare industries. The company’s Global Power Group is a world leader in combustion and steam generation technology that designs, manufactures and erects steam generating and auxiliary equipment for power stations and industrial facilities and also provides a wide range of aftermarket services. The company is based in Zug, Switzerland, and its operational headquarters office is in Reading, United Kingdom. For more information about Foster Wheeler, please visit our Web site at www.fwc.com.


Safe Harbor Statement

Foster Wheeler AG news releases may contain forward-looking statements that are based on management’s assumptions, expectations and projections about the Company and the various industries within which the Company operates. These include statements regarding the Company’s expectations about revenues (including as expressed by its backlog), its liquidity, the outcome of litigation and legal proceedings …read more
Source: FULL ARTICLE at DailyFinance

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Foster Wheeler Awarded SNG Studies by Pecket Energy in Chile

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Foster Wheeler Awarded SNG Studies by Pecket Energy in Chile

ZUG, Switzerland–(BUSINESS WIRE)– Foster Wheeler AG (NAS: FWLT) announced today that a subsidiary of our Global Engineering and Construction Group has been awarded a contract by Pecket Energy to perform feasibility, conceptual and basic engineering studies, and develop an overall investment cost estimate for a substitute natural gas (SNG) production facility which is planned to be built near Punta Arenas, Chile.

The value of the award was not disclosed and will be included in Foster Wheeler‘s first-quarter 2013 bookings.

The main objective of the project is to produce syngas that will be used as a clean feedstock for the production of SNG, which gas is intended to be distributed to the existing grid in the region of Magallanes, Chile for domestic consumption or for industrial purposes.

The new facility intends to include several state-of-the-art units, including air separation, partial oxidation for syngas production, syngas treatment, acid gas removal, methanation and solid sulfur production. Foster Wheeler‘s scope of work is expected to be completed by mid-2013.

Pecket Energy is a Chilean company focused on coal-based energy business development. Pecket Energy belongs to ICV, a Chilean company which has been active in mining and infrastructure developments in Chile for more than 50 years.

Foster Wheeler AG is a global engineering and construction company and power equipment supplier delivering technically advanced, reliable facilities and equipment. The company employs approximately 13,000 talented professionals with specialized expertise dedicated to serving its clients through one of its two primary business groups. The company’s Global Engineering and Construction Group designs and constructs leading-edge processing facilities for the upstream oil and gas, LNG and gas-to-liquids, refining, chemicals and petrochemicals, power, mining and metals, environmental, pharmaceuticals, biotechnology and healthcare industries. The company’s Global Power Group is a world leader in combustion and steam generation technology that designs, manufactures and erects steam generating and auxiliary equipment for power stations and industrial facilities and also provides a wide range of aftermarket services. The company is based in Zug, Switzerland, and its operational headquarters office is in Reading, United Kingdom. For more information about Foster Wheeler, please visit our Web site at www.fwc.com.


Safe Harbor Statement

Foster Wheeler AG news releases may contain forward-looking …read more
Source: FULL ARTICLE at DailyFinance

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Massive Dynamics in Discussion to Use 3D Printing for Iconic Cartoon Character

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Massive Dynamics in Discussion to Use 3D Printing for Iconic Cartoon Character

CUPERTINO, Calif.–(BUSINESS WIRE)– Massive Dynamics, Inc. (OTCQB: MSSD) has initiated discussions with the creators of an Iconic Cartoon Character to develop plans for using the Company’s 3D Printer, currently in post production, to create toys and figurines.

Action figures and figurines started gaining popularity in the 1960s. Today, it is a multimillion dollar business, spanning involvement from film production companies to fast food chains. 3D Printing is poised to enhance this industry for both manufacturers and consumers. Consumers will now have the chance to customize their toys and be able to choose the pose they like best for their beloved characters – even allowing full articulation.

An article published on Geek.com explains how a team of Harvard University computer scientists have developed software that allows anyone to 3D print their own action figures at home. “Not only will the models carry the likeness of the character, they will also be fully articulated,” stated the article posted August 2012.

“We are hopeful that a definitive agreement can be reached for Massive Dynamics to be involved with this Famous Cartoon Character,” said President Oscar Hines. “This would be a notable accomplishment for a company, such as us, entering into the 3D space.”

Further details will be released as talks progress. For more information about Massive Dynamics 3D Printing Division please visit http://www.massivedynamicsinc.com.

About Massive Dynamics, Inc. (OTCQB: MSSD)

Massive Dynamics, Inc. is a Nevada corporation listed on the OTCQB under the trading symbol MSSD. The Company is an acquirer, developer and seller of leading edge consumer oriented technologies and products ready for rapid commercialization.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release only speaks as of the date of its distribution.

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Source: FULL ARTICLE at DailyFinance

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Acacia Subsidiary Enters into Settlement and License Agreement with Ventyx USA, Inc.

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Acacia Subsidiary Enters into Settlement and License Agreement with Ventyx USA, Inc.

NEWPORT BEACH, Calif.–(BUSINESS WIRE)– Acacia Research Corporation (NAS: ACTG) announced today that its Automated Facilities Management Corporation subsidiary has entered into a settlement and license agreement with Ventyx USA, Inc. This agreement resolves patent litigation that was pending in the United States District Court for the Northern District of Georgia.

ABOUT ACACIA RESEARCH CORPORATION

Acacia Research Corporation‘s subsidiaries partner with inventors and patent owners, license the patents to corporate users, and share the revenue. Acacia Research Corporation‘s subsidiaries control over 250 patent portfolios, covering technologies used in a wide variety of industries.

Information about Acacia Research Corporation and its subsidiaries is available at www.acaciaresearchgroup.com and www.acaciaresearch.com.


Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This news release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including the economic slowdown affecting technology companies, our ability to successfully develop products, rapid technological change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. Our Annual Report on Form 10-K, recent and forthcoming Quarterly Reports on Form 10-Q, recent Current Reports on Forms 8-K and 8-K/A, and other SEC filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.

Acacia Research Corporation
Rob Stewart
Investor Relations
Tel: 949-480-8300
Fax: 949-480-8301
or
Media Contact:
SpecOps Communications
Adam Handelsman
President & Founder
212-518-7721
adam@specopscomm.com

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:

The article Acacia …read more
Source: FULL ARTICLE at DailyFinance

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Unico American Corporation Reports Fourth Quarter and Full Year 2012 Financial Results

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Unico American Corporation Reports Fourth Quarter and Full Year 2012 Financial Results

WOODLAND HILLS, Calif.–(BUSINESS WIRE)– Unico American Corporation (NAS: UNAM) (“Unico,” the “Company”) announced today its consolidated financial results for the three and twelve months ended December 31, 2012. For the three months ended December 31, 2012, revenues were $7.9 million and net income was $0.6 million ($0.10 diluted income per share) compared with revenues of $8.3 million and net income of $0.6 million ($0.12 diluted income per share) for the three months ended December 31, 2011. For the twelve months ended December 31, 2012, revenues were $32.8 million and net income was $2.0 million ($0.36 diluted income per share) compared with revenue of $34.6 million and net income of $3.7 million ($0.70 diluted income per share) for the twelve months ended December 31, 2011.

Stockholders’ equity was $70.4 million as of December 31, 2012, or $13.18 per common share including unrealized after-tax investment gains of $0.1 million, compared to Stockholders’ equity of $75.8 million as of December 31, 2011, or $14.20 per common share including unrealized after-tax investment gains of $1 million.

Headquartered in Woodland Hills, California, Unico is an insurance holding company that underwrites property and casualty insurance through its insurance company subsidiary; provides property, casualty, and health insurance through its agency subsidiaries; and through its other subsidiaries provides insurance premium financing and membership association services. Unico has conducted the majority of its operations through its subsidiary Crusader Insurance Company since 1985. For more information concerning Crusader Insurance Company, please visit the Crusader’s Web site at www.crusaderinsurance.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained herein that are not historical facts are forward-looking. These statements, which may be identified by forward-looking words or phrases such as “anticipate,” “believe,” “expect,” “intend,” “may,” “should,” and “would,” involve risks and uncertainties, many of which are beyond the control of the Company. Such risks and uncertainties could cause actual results to differ materially from these forward-looking statements. Factors which could cause actual results to differ materially include underwriting actions not being effective, rate increases for coverages not being sufficient, premium rate adequacy relating to competition or regulation, actual versus estimated claim experience, regulatory changes or developments, unforeseen calamities, general market conditions, and the Company’s ability to introduce new profitable products.

Financial Tables Follow –

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Source: FULL ARTICLE at DailyFinance
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Blonder Tongue Schedules Conference Call to Discuss Fourth Quarter Earnings and Year End 2012 Result

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Blonder Tongue Schedules Conference Call to Discuss Fourth Quarter Earnings and Year End 2012 Results

OLD BRIDGE, N.J.–(BUSINESS WIRE)– Blonder Tongue Laboratories, Inc. (NYSE MKT:BDR) announced today that it will host a conference call in conjunction with the release of its financial results for the fourth quarter 2012. The call is scheduled for 11:00 a.m. EDT, on Tuesday, April 2, 2013. Individuals in the United States and Canada wishing to participate in the live call should dial 877-407-8033; reference Blonder Tongue Fourth Quarter 2012 Results Conference I.D. number 411725. Please carefully note the phone and conference I.D. numbers. For those unable to join the live call, a replay will be available through Wednesday, July 3, 2013, by dialing 877-660-6853 and using Conference I.D. number 411725.

Blonder Tongue Laboratories, Inc. together with R. L. Drake Holdings, LLC – its wholly owned subsidiary – offer customers more than 130 years of combined engineering and manufacturing excellence with solid histories of delivering reliable, quality products. As a leader in the field of Cable Television Communications, the Company provides system operators and integrators serving the cable, broadcast, satellite, IPTV, institutional and professional video markets with comprehensive solutions for the provision of content contribution, distribution and video delivery to homes and businesses. The Company designs, manufactures, sells and supports an equipment portfolio of standard and high definition digital video solutions, as well as core analog video and high speed data solutions for distribution over coax, fiber and IP networks. Additional information on the Company and its products can be found at www.blondertongue.com, and www.rldrake.com.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: The information set forth above includes “forward-looking” statements and accordingly, the cautionary statements contained in Blonder Tongue’s Annual Report and Form 10-K for the year ended December 31, 2011 (See Item 1: Business, Item 1A: Risk Factors, Item 3: Legal Proceedings and Item 7: Management’s Discussion and Analysis of Financial Condition and Results of Operations), and other filings with the Securities and Exchange Commission are incorporated herein by reference. The words “believe”, “expect”, “anticipate”, “project”, “target”, “intend”, “plan”, “seek”, “estimate”, “endeavor”, “should”, “could”, “may” and similar expressions are intended to identify forward-looking statements. In addition, any statements that refer to projections for our future financial performance, our anticipated growth trends in our business and other characterizations of future events or circumstances are forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s analysis only as of the date hereof. Blonder …read more
Source: FULL ARTICLE at DailyFinance

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Anworth Declares a $0.15 Per Share First Quarter 2013 Common Dividend

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Anworth Declares a $0.15 Per Share First Quarter 2013 Common Dividend

SANTA MONICA, Calif.–(BUSINESS WIRE)– Anworth Mortgage Asset Corporation (NYS: ANH) announced today that its Board of Directors declared a quarterly common stock dividend of $0.15 per share for the first quarter of 2013. The common stock dividend is payable on April 29, 2013 to common stockholders of record as of the close of business on April 8, 2013.

About Anworth Mortgage Asset Corporation

Anworth is an externally-managed mortgage real estate investment trust. We invest primarily in securities guaranteed by the U.S. Government, such as Ginnie Mae, or guaranteed by federally sponsored enterprises, such as Fannie Mae or Freddie Mac. We seek to generate income for distribution to our shareholders primarily based on the difference between the yield on our mortgage assets and the cost of our borrowings. We are managed by Anworth Management, LLC, or the Manager, pursuant a management agreement. The Manager is subject to the supervision and direction of our Board of Directors and is responsible for (i) the selection, purchase and sale of our investment portfolio; (ii) our financing and hedging activities; and (iii) providing us with management services and other services and activities relating to our assets and operations as may be appropriate. Our common stock is traded on the New York Stock Exchange under the symbol “ANH.”

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This news release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based upon our current expectations and speak only as of the date hereof. Forward-looking statements, which are based on various assumptions (some of which are beyond our control) may be identified by reference to a future period or periods or by the use of forward-looking terminology, such as “may,” “will,” “believe,” “expect,” “anticipate,” “assume,” “estimate,” “intend,” “continue,” or other similar terms or variations on those terms or the negative of those terms. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including but not limited to, changes in interest rates; changes in the market value of our mortgage-backed securities; changes in the yield curve; the availability of mortgage-backed securities for purchase; increases in the prepayment rates …read more
Source: FULL ARTICLE at DailyFinance

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Avery Dennison Announces Early Termination of Waiting Period for Sale of Two Businesses to CCL Indus

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Avery Dennison Announces Early Termination of Waiting Period for Sale of Two Businesses to CCL Industries

PASADENA, Calif.–(BUSINESS WIRE)– Avery Dennison Corporation (NYS: AVY) announced today that the U.S. Federal Trade Commission has granted early termination of the Hart-Scott-Rodino waiting period for the company’s proposed sale of its Office and Consumer Products (OCP) and Designed and Engineered Solutions (DES) businesses to CCL Industries Inc. (TSX:CCL.A)(TSX:CCL.B).

The companies will continue to work toward closing and expect to complete the sale in mid-2013.

About Avery Dennison

Avery Dennison (NYS: AVY) is a global leader in labeling and packaging materials and solutions. The company’s applications and technologies are an integral part of products used in every major market and industry. With operations in more than 50 countries and 30,000 employees worldwide, Avery Dennison serves customers with insights and innovations that help make brands more inspiring and the world more intelligent. Headquartered in Pasadena, California, the company reported sales from continuing operations of $6 billion in 2012. Learn more at www.averydennison.com.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995:

Certain statements contained in this press release are “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties. Actual results and trends may differ materially from historical or anticipated results depending on a variety of factors, including but not limited to risks and uncertainties relating to the following: (1) the occurrence of any event, change or other circumstance that could give rise to the termination of the transaction; (2) the outcome of any legal proceedings that may be instituted against the Company and others regarding the transaction; (3) the inability to complete a transaction due to the failure to satisfy conditions to the transaction; and (4) risks that the proposed transaction disrupts current plans and operations and the potential difficulties in employee retention as a result of announcing the transaction.

For a discussion of the risk factors that could affect the Company’s financial performance, see Part I, Item 1A. “Risk Factors” and Part II, Item 7.”Management’s Discussion and Analysis of Results of Operations and …read more
Source: FULL ARTICLE at DailyFinance

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Hudson Technologies Reports the EPA's Issuance of Final Rule on HCFC Allowances for 2013 and 2014

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Hudson Technologies Reports the EPA’s Issuance of Final Rule on HCFC Allowances for 2013 and 2014

PEARL RIVER, N.Y.–(BUSINESS WIRE)– Hudson Technologies, Inc. (NAS: HDSN) , announced that the Environmental Protection Agency (EPA) issued its Final Rule on March 27 pertaining to allowances for virgin HCFC (R-22) for 2013 and 2014 and the previously noted recoupment allowances. The Final Rule provides for virgin R-22 allowances of 63 million pounds in 2013 and 51 million pounds in 2014.

Kevin Zugibe, Hudson’s Chairman and CEO, stated, “The EPA‘s issuance of a final rule has provided certainty to our industry regarding 2013 and 2014 and the clarity needed to fully implement our growth strategy. While the final rule provides for more allowances than the EPA‘s 2013 no action assurance letter, we continue to believe that the aftermarket demand for R-22 exceeds the total allowances and that reclaimed R-22 will bridge the supply and demand gap. Lastly, we look forward to the EPA‘s issuance next year of its rule for the period 2015 through 2019 and the ultimate phase-out of virgin R-22 by December 31, 2019.”

The final rule will become effective on the date of publication in the Federal Register. A pre-publication copy of the rule is available at http://www.epa.gov/ozone/title6/phaseout/2012-2014HCFCs_web.pdf

About Hudson Technologies

Hudson Technologies, Inc. is a leading provider of innovative solutions to recurring problems within the refrigeration industry. Hudson’s proprietary RefrigerantSide® Services increase operating efficiency and energy savings, and remove moisture, oils and other contaminants frequently found in the refrigeration circuits of large comfort cooling and process refrigeration systems. Performed at a customer’s site as an integral part of an effective scheduled maintenance program or in response to emergencies, RefrigerantSide® Services offer significant savings to customers due to their ability to be completed rapidly and at higher purity levels, and can be utilized while the customer’s system continues to operate. In addition, the Company sells refrigerants and provides traditional reclamation services to the commercial and industrial air conditioning and refrigeration markets. For further information on Hudson, please visit the Company’s web site at www.hudsontech.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Statements contained herein which are not historical facts constitute forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the …read more
Source: FULL ARTICLE at DailyFinance

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Viscount Systems Secures Midwestern Bank Facilities

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Viscount Systems Secures Midwestern Bank Facilities

BURNABY, British Columbia–(BUSINESS WIRE)– Viscount Systems Inc. (OTCQB: VSYS) today announced that the Company’s Freedom access control technology is being installed at facilities owned by a regional bank with operations in Ohio, West Virginia, and Kentucky. The systems include Freedom IP bridges, Freedom servers and software, and will be deployed as a retrofit, replacing the bank’s existing access control systems.”

“This the first deployment of Freedom into the financial services industry,” noted Stephen Pineau, President and CEO of Viscount. “While we are continuing to make great inroads within the U.S. Federal Government market, sales of Freedom to a wide range of other vertical markets, including banking, schools and multi-tenant high rises, are also increasing. It’s important to continue to diversify our end-user base among government and commercial customers.”

About Viscount’s Freedom Encryption Bridge Solution

Freedom Encryption Bridge is the first and only access control system that allows entry devices (ID cards, RFID readers, biometrics etc.) to be connected to standard building IT networks without requiring expensive control panels that are programmed from a PC. Freedom changes the paradigm of IT friendly access control. It eliminates up to 80% of the cost of traditional systems that require the installation of control panels. And, it utilizes existing logical IT security software (LDAP) to replace both the control panel component and the software component of traditional systems. Freedom drastically reduces system costs while providing a much more secure software solution.

About Viscount Systems

Viscount Systems Inc., designs unified IT and physical security software platforms for building security and emergency planning. Recent awards include the 2012 Microsoft “Be What’s Next” award, SIA Convergence Solution of the Year 2011 and Homeland Security Platinum Award for Emergency Response and Gold Award for Access Control at GOVSEC 2011.

For Further Information

Viscount System’s web site: www.viscount.com
Email news alerts: investors@viscount.com
Investor Relations: Foothills Group San Jose CA, 888-516-7415

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Forward looking statements: This press release and other statements by Viscount Systems Inc. may contain forward-looking statements within the meaning of the Private Securities Litigation Reform …read more
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Study Projects Mainstream Adoption of 3D Printing

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Study Projects Mainstream Adoption of 3D Printing

Massive Dynamics works to make it a reality with their New 3D Printer

CUPERTINO, Calif.–(BUSINESS WIRE)– A new study has been released by Gartner, Inc. (NYS: IT) , a leading IT research and analysis firm, detailing 3D printing’s move from niche markets to the mainstream. In How 3D Printing Disrupts Business and Creates New Opportunities Gartner urges enterprises to become early adopters of 3D printing and to begin experimenting with this new technology.

Gartner’s study explained, “The material science behind 3D printing processes and materials will continue to progress, and affordable 3D printers are lowering the cost of entry into manufacturing. As a result, the 3D printer market will continue moving from niche adoption to broad acceptance, driven by lower printer prices, the potential for cost and time savings, greater capabilities, and improved performance that drives benefits and markets.”

Massive Dynamics, Inc. (OTCQB: MSSD) is embracing the mainstream adoption of Additive Manufacturing. “Companies worldwide are quickly recognizing the broad implications of the 3D Technologies. The public is becoming better educated on the potential they have as consumers to individualize their purchases,” said Massive Dynamics President Oscar Hines. “3D printing is accelerating to the mainstream, it is our goal to makes this technology readily available and affordable to the general public.”

In an effort to cultivate breakthrough innovations, President Oscar Hines will meet with Massive Dynamics‘ 3D Division consultant, Jonathan J. Howard and his skilled team of technologists next week in Rochester, NY. They will be working to enhance the company’s New 3D Printer. For more information please visit http://www.massivedynamicsinc.com.

About Massive Dynamics, Inc. (OTCQB: MSSD)

Massive Dynamics, Inc. is a Nevada corporation listed on the OTCQB under the trading symbol MSSD. The Company is an acquirer, developer and seller of leading edge consumer oriented technologies and products ready for rapid commercialization.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that …read more
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Acacia Subsidiary Enters into Settlement and License Agreement with 6waves, LLC, 6waves Technologies

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Acacia Subsidiary Enters into Settlement and License Agreement with 6waves, LLC, 6waves Technologies, LLC, 6waves US, Inc, and Six Waves, Inc.

NEWPORT BEACH, Calif.–(BUSINESS WIRE)– Acacia Research Corporation (NAS: ACTG) announced today that its subsidiary, Gametek LLC, has entered into a settlement and license agreement with 6waves LLC, 6waves Technologies, LLC, 6waves US, Inc., and Six Waves Inc. This agreement resolves patent litigation that was pending in the United States District Court for the Southern District of California.

ABOUT ACACIA RESEARCH CORPORATION

Acacia Research Corporation‘s subsidiaries partner with inventors and patent owners, license the patents to corporate users, and share the revenue. Acacia Research Corporation‘s subsidiaries control over 250 patent portfolios, covering technologies used in a wide variety of industries.

Information about Acacia Research Corporation and its subsidiaries is available at www.acaciaresearchgroup.com and www.acaciaresearch.com.


Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This news release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including the economic slowdown affecting technology companies, our ability to successfully develop products, rapid technological change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. Our Annual Report on Form 10-K, recent and forthcoming Quarterly Reports on Form 10-Q, recent Current Reports on Forms 8-K and 8-K/A, and other SEC filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.

Acacia Research Corporation
Rob Stewart
Investor Relations
Tel (949) 480-8300
Fax (949) 480-8301
or
Media Contact:
SpecOps Communications
Adam Handelsman
President & …read more
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Walter Energy Announces Closing of $450 Million Senior Notes Offering

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Walter Energy Announces Closing of $450 Million Senior Notes Offering

BIRMINGHAM, Ala.–(BUSINESS WIRE)– Walter Energy Inc. (“Walter Energy“) (NYS: WLT) (TSX: WLT) today announced the closing of its previously announced private offering of $450 million aggregate principal amount of its 8.500% senior notes due 2021 (the “Notes”). The Notes will be guaranteed by each of Walter Energy‘s current and future direct and indirect wholly-owned domestic restricted subsidiaries that from time to time guarantees any of Walter Energy‘s indebtedness or any indebtedness of any of Walter Energy‘s restricted subsidiaries. The Notes and related guarantees were offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act“), and to non-U.S. persons in transactions outside the United States in reliance on Regulation S under the Securities Act. The Notes have not been registered under the Securities Act, and, unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws.

Walter Energy plans to use the net proceeds of the offering to repay $250 million of indebtedness outstanding under its credit facilities and the remainder for general corporate purposes.

This press release does not constitute an offer to sell, or a solicitation of an offer to sell or buy any securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Walter Energy

Walter Energy is a leading, publicly traded “pure-play” metallurgical coal producer for the global steel industry with strategic access to high-growth steel markets in Asia, South America and Europe. The company also produces thermal coal, anthracite, metallurgical coke and coal bed methane gas. Walter Energy employs approximately 4,100 employees and contractors with operations in the United States, Canada and United Kingdom.

Safe Harbor Statement

Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and may involve a number of risks and uncertainties. Forward-looking statements are based on information available to management at the time, and they involve …read more
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Virtual Piggy Announces Expanded Relationship with Gaia Online

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Virtual Piggy Announces Expanded Relationship with Gaia Online

Enabling teens and tweens to purchase safely online

LOS ANGELES–(BUSINESS WIRE)– Virtual Piggy, Inc. (OTCBB: VPIG), an innovator in safe youth payments, today announced that it will again be partnering with Gaia Online in a second exclusive promotion.

The initial campaign was designed to drive registration for Virtual Piggy and Gaia Online. Over the first week, Virtual Piggy gained over 10,000 new users and Gaia gained thousands in increased revenue. Currently, there are over 51,000 Gaia users wearing items that were offered exclusively through Virtual Piggy checkout on the site during the promotion.

Gaia Online is one of the Internet’s largest communities, and is currently using the Virtual Piggy technology to remain COPPA compliant, and increase conversion rates of in-game transactions for their younger gamers. Virtual Piggy allows parents to set up a monthly allowance for their children and promote financial management while empowering youth under 18 to make purchasing, saving, and other money management decisions for themselves within the boundaries setup by parents.

The companies plan to launch a second campaign starting April 1, 2013.

For information about Virtual Piggy visit www.VirtualPiggy.com

About Virtual Piggy, Inc.

Virtual Piggy, Inc. is the first e-commerce solution that enables kids to manage and spend money within a parent-controlled environment. The technology company delivers online security platforms designed for the Under 18 age group in the global online market, and also enables online businesses the ability to function in a manner consistent with the Children’s Online Privacy Protection Act (“COPPA“) and similar international children’s privacy laws. Virtual Piggy enables the Under 18 audience to play, transact and socialize in a secure online environment guided by parental permission, oversight and control. The company is based in Hermosa Beach, CA and on the Web at: www.virtualpiggy.com

Safe Harbor Statement

All statements herein other than statements of historical facts are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Such statements are not guarantees of future performance and …read more
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Massive Dynamics President to Meet with Tech Team in Rochester, New York

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Massive Dynamics President to Meet with Tech Team in Rochester, New York

CUPERTINO, Calif.–(BUSINESS WIRE)– Massive Dynamics Inc. (OTCQB: MSSD) President Oscar Hines will travel to Rochester, NY next week to meet with Jonathan J. Howard, who signed onto Massive Dynamics‘ 3D Division as a consultant earlier this month. This trip will be the first of several meetings for Mr. Hines to meet with J. Howard and his skilled team of technologists and engineers. The Rochester team will be working to provide Massive Dynamics with feedback on how to enhance the New 3D Printer it intends to prepare for market.

“Mr. Howard has told me some great things about his team. We look forward to putting their experience and innovation to work for us, with the hope that it will shape our 3D printer’s future success,” said Oscar Hines.

J.J. Howard and his Rochester team are exploring ways to modify the 3D Printer, increase functionality and enhance its present capabilities. This expert assessment will position it to compete with other desktop models by companies like 3D Systems Corporation (NYS: DDD) , The ExOne Company (XONE) and Stratasys Ltd. (NAS: SSYS) .

For more information on Massive Dynamics‘ 3D printing division please visit http://www.massivedynamicsinc.com.

About Massive Dynamics, Inc. (OTCQB: MSSD)

Massive Dynamics, Inc. is a Nevada corporation listed on the OTCQB under the trading symbol MSSD. The Company is an acquirer, developer and seller of leading edge consumer oriented technologies and products ready for rapid commercialization.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release only speaks as of the date of its distribution.

<br …read more
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Foster Wheeler Signs Services Agreement with Valero Refinery in the UK

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Foster Wheeler Signs Services Agreement with Valero Refinery in the UK

ZUG, Switzerland–(BUSINESS WIRE)– Foster Wheeler AG (NAS: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has signed an evergreen agreement with Valero Energy Ltd (Valero) for the provision of home office engineering and project support services to Valero’s Pembroke Refinery and other facilities in the UK.

The terms of the agreement were not disclosed and bookings will be recorded as work is released by Valero.

Foster Wheeler will provide home office front-end engineering design and detailed engineering design services to support new development and modification projects at the Pembroke Refinery and other facilities. Foster Wheeler will also provide other support services including project control and cost estimating. Valero acquired the Pembroke refinery in 2011.

“We know this refinery well, having executed projects for the refinery since the 1980s,” said Umberto della Sala, President and Chief Operating Officer of Foster Wheeler AG. “The combination of our knowledge of the refinery, together with our in-depth refining expertise, particularly in revamp projects, and our flexible and responsive team, give us an excellent opportunity to build a strong, long-term relationship in the UK with Valero. We have already successfully executed projects for Valero elsewhere, particularly in the US.”

Foster Wheeler AG is a global engineering and construction company and power equipment supplier delivering technically advanced, reliable facilities and equipment. The company employs approximately 13,000 talented professionals with specialized expertise dedicated to serving its clients through one of its two primary business groups. The company’s Global Engineering and Construction Group designs and constructs leading-edge processing facilities for the upstream oil and gas, LNG and gas-to-liquids, refining, chemicals and petrochemicals, power, mining and metals, environmental, pharmaceuticals, biotechnology and healthcare industries. The company’s Global Power Group is a world leader in combustion and steam generation technology that designs, manufactures and erects steam generating and auxiliary equipment for power stations and industrial facilities and also provides a wide range of aftermarket services. The company is based in Zug, Switzerland, and its operational headquarters office is in Reading, United Kingdom. For more information about Foster Wheeler, please visit our Web site at www.fwc.com.


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