Daily Archives: May 11, 2017

Mérieux NutriSciences Relocates Canadian Food Testing Laboratory

Food Testing Lab Expands Offerings in Burnaby, British Columbia

BURNABY, British Columbia, May 11, 2017 (GLOBE NEWSWIRE) — Mérieux NutriSciences, a leading international network of accredited food testing laboratories, announced today that it has moved one of its four Canadian food testing labs to a new, 24,000 square foot facility, just miles from its former location in Burnaby, British Columbia. The actual move, which took place on Saturday, April 22nd, signifies the growth in offerings and the ability to enhance Mérieux NutriSciences’ microbiological testing capabilities in the Vancouver area, including the upper northwest region of the United States.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/c85cbfb7-61b9-4072-8d18-006200946e39

“The new Burnaby lab will give us the ability to enhance our analytical testing, especially for micro. We will be able to offer even more capabilities now, including tests such as E. coli 0.157, and will have the space to introduce additional rapid methods for detecting Salmonella and Listeria in raw and processed products. The lab’s new layout will also be able to support a more efficient sample flow and provide room to expand our chemistry capabilities,” states Mérieux NutriSciences President for North America, Jim Miller.

With a continued focus on protecting consumer health, Mérieux NutriSciences takes pride in being an industry leader in food safety and quality. “To understand our customers’ needs is to understand where the industry is headed,” says Miller. “The feedback we were getting from our customers had a lot of influence on our decision for this move.”

The new lab in Burnaby is one of four Mérieux NutriSciences labs in Canada, and one of twenty-one labs in all of North America. The Burnaby location presently caters to the dietary supplements, meat and poultry, fish and seafood, fruit and vegetables and processed foods industries. However, with the new space, the company expects to be able to expand their current capabilities to reach a wider array of customers by late fall.

Mérieux NutriSciences’ officials visited the lab for a ribbon cutting ceremony on Monday, May 8th, and hope to celebrate with a open house, inviting customers to tour the lab, in early September.

Mérieux NutriSciences is dedicated to protecting consumers’ health throughout the world,
by delivering a wide range of testing and consulting services to the food & nutrition,
agrochemicals, pharma and cosmetics industries.

Headquartered in Chicago, Mérieux NutriSciences has grown from a single laboratory founded in Chicago in 1967 to a global presence
throughout North, Latin and South America, Europe, 
Middle-East, Africa and Asia Pacific.

Present in 21 countries, Mérieux NutriSciences employs 6,500 people worldwide working in close to 100 laboratories.
Visit www.merieuxnutrisciences.com/us for more information.

Contact:
Susan Rubin, Director of Marketing 
[email protected]

Mérieux NutriSciences Relocates Canadian Food Testing Laboratory

Food Testing Lab Expands Offerings in Burnaby, British Columbia

BURNABY, British Columbia, May 11, 2017 (GLOBE NEWSWIRE) — Mérieux NutriSciences, a leading international network of accredited food testing laboratories, announced today that it has moved one of its four Canadian food testing labs to a new, 24,000 square foot facility, just miles from its former location in Burnaby, British Columbia. The actual move, which took place on Saturday, April 22nd, signifies the growth in offerings and the ability to enhance Mérieux NutriSciences’ microbiological testing capabilities in the Vancouver area, including the upper northwest region of the United States.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/c85cbfb7-61b9-4072-8d18-006200946e39

“The new Burnaby lab will give us the ability to enhance our analytical testing, especially for micro. We will be able to offer even more capabilities now, including tests such as E. coli 0.157, and will have the space to introduce additional rapid methods for detecting Salmonella and Listeria in raw and processed products. The lab’s new layout will also be able to support a more efficient sample flow and provide room to expand our chemistry capabilities,” states Mérieux NutriSciences President for North America, Jim Miller.

With a continued focus on protecting consumer health, Mérieux NutriSciences takes pride in being an industry leader in food safety and quality. “To understand our customers’ needs is to understand where the industry is headed,” says Miller. “The feedback we were getting from our customers had a lot of influence on our decision for this move.”

The new lab in Burnaby is one of four Mérieux NutriSciences labs in Canada, and one of twenty-one labs in all of North America. The Burnaby location presently caters to the dietary supplements, meat and poultry, fish and seafood, fruit and vegetables and processed foods industries. However, with the new space, the company expects to be able to expand their current capabilities to reach a wider array of customers by late fall.

Mérieux NutriSciences’ officials visited the lab for a ribbon cutting ceremony on Monday, May 8th, and hope to celebrate with a open house, inviting customers to tour the lab, in early September.

Mérieux NutriSciences is dedicated to protecting consumers’ health throughout the world,
by delivering a wide range of testing and consulting services to the food & nutrition,
agrochemicals, pharma and cosmetics industries.

Headquartered in Chicago, Mérieux NutriSciences has grown from a single laboratory founded in Chicago in 1967 to a global presence
throughout North, Latin and South America, Europe, 
Middle-East, Africa and Asia Pacific.

Present in 21 countries, Mérieux NutriSciences employs 6,500 people worldwide working in close to 100 laboratories.
Visit www.merieuxnutrisciences.com/us for more information.

Contact:
Susan Rubin, Director of Marketing 
[email protected]

Fortress Investment Group LLC makes EUR 120M move on FinTech Leader Euroloan Group PLC

Digital consumer finance leader Euroloan has secured the largest ever funding deal made to an unlisted company in Finland. The group, says founder Tommi Lindfors, is well positioned for accelerated growth.

Euroloan has doubled the size of its structured financing facility with funds managed by affiliates of Fortress Investment Group LLC (NYSE:FIG), from EUR 60 million to EUR 120 million. The credit line comes with the news that Euroloan increased net revenue by 90% in 2016 and is now focused on scaling its business significantly across Europe.

“The previous deal with Fortress was the largest in the company’s history and now we’re doubling it” says Tommi Lindfors, Chairman of the Euroloan Group. “Further, this is the biggest funding deal ever made by an unlisted company in Finland.  This is a real testament to our internal capabilities, track record of sustainable growth and the value of our long term partnership with Fortress.

This deal enables the Group to focus on our core strengths, leveraging our state-of-the art digital lending systems to generate higher volumes and acquiring new customers as we accelerate and expand our business across Europe.”

Euroloan’s digital consumer finance services include pay by invoice, credit and payment solutions for point of sale terminals, credit cards, e-commerce platform support and real-time online and mobile lending.

Euroloan Group Plc is a rapidly growing digital financial services group providing consumer loans, online and in-store pay-by-invoice capability, revolving credit lines and credit cards. The group operates in Finland, Poland and Sweden and has plans for significant growth across Europe.

For more information, please contact:
Jonas Lindholm
Euroloan Group Plc
Tel +358 10 217 1003

Nasdaq Stockholders Elect Members to Board of Directors

New Director, Melissa M. Arnoldi, Elected to the Board and Eight Directors Re-Elected

Nasdaq Board Elects Michael R. Splinter as Chairman of the Board

NEW YORK, May 10, 2017 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq:NDAQ) stockholders today elected all nominated directors at the Annual Meeting of Stockholders. All directors will serve one-year terms. Elected board members include:

  • Melissa M. Arnoldi, President of Technology Development, AT&T
  • Charlene T. Begley, Former SVP & CIO, General Electric Company
  • Steven D. Black, Co-CEO, Bregal Investments
  • Adena T. Friedman, President and CEO, Nasdaq
  • Glenn H. Hutchins, Co-Founder, Silver Lake
  • Essa Kazim, Governor, Dubai International Financial Center and Chairman, Borse Dubai and Dubai Financial Market
  • Thomas A. Kloet, Former CEO & Executive Director, TMX Group Limited
  • Michael R. Splinter, Former Chairman and CEO, Applied Materials, Inc.
  • Lars R. Wedenborn, CEO, FAM AB

Nasdaq stockholders also approved the following proposals:

  • The company’s executive compensation on an advisory basis;
  • An advisory vote to conduct future advisory votes on the company’s executive compensation every year; and
  • Ratification of the appointment of Ernst & Young LLP as Nasdaq’s independent registered public accounting firm for the fiscal year ending December 31, 2017.

The stockholders did not approve a stockholder proposal relating to the right to act by written consent.

The Nasdaq Board of Directors today elected Michael R. Splinter as Chairman of the Board.

About Michael R. Splinter:
Chairman Splinter has served on the Nasdaq Board since 2008. He is currently a business and technology consultant. Chairman Splinter served as Executive Chairman of the Board of Applied Materials, a Nasdaq listed company, from 2009 to his retirement in 2015 and was CEO from 2003 to 2013. An engineer and technologist, Chairman Splinter is a 40-year veteran of the semiconductor industry. Prior to joining Applied Materials, he was an executive at Intel Corporation for 20 years. Chairman Splinter was elected to the National Academy of Engineers in 2017.

About Melissa M. Arnoldi:
Ms. Arnoldi has been President of Technology Development at AT&T, a telecommunications company, since September 2016. Ms. Arnoldi has served in various capacities at AT&T since 2008 including: Senior Vice President, Technology Solutions & Business Strategy, from December 2014 to September 2016; Vice President, IT Strategy & Business Integration, from December 2012 to December 2014; and Assistant Vice President, IT from January 2008 to December 2012. Prior to AT&T, Ms. Arnoldi was a partner in the Communications & High Technology Industry Group at Accenture Ltd. from 2006-2008 serving in various other capacities from 1996-2008.

For additional biographical information on Nasdaq’s board members, see the Nasdaq 2017 Proxy Statement.

About Nasdaq:
Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 89 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to 3,800 total listings with a market value of $11 trillion. To learn more, visit: http://business.nasdaq.com

NDAQF

Nasdaq Contacts

Media:

Allan Schoenberg
212 231 5534
[email protected] 
                                                                                                
Joe Christinat                                                                                                     
646 441 5121                                                                                                       
[email protected]

Kimball Electronics Receives Award From Siemens Healthineers

JASPER, Ind., May 10, 2017 (GLOBE NEWSWIRE) — Kimball Electronics (NASDAQ:KE), a leading global contract electronic manufacturing services (“EMS”) company that specializes in durable electronics for the medical, automotive, industrial, and public safety end markets has been recognized with the 2017 Supplier Award for Competitiveness and Collaboration from Siemens Healthineers.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/c7b95f03-89e1-4cce-9d46-8950b031067c

The awards ceremony was held recently at the supplier conference in Erlangen, Germany where the top 75 suppliers of Siemens Healthineers worldwide were invited to attend.  There were five suppliers recognized, including an overall supplier of the year.  Kimball Electronics was recognized with the 2017 Supplier Award for Competitiveness and Collaboration.  This distinction is bestowed to a supplier of Siemens Healthineers that has demonstrated excellence in collaboration and competitiveness aiding the Siemens Healthineers team.

Presenting the award, David Mount, Chief Procurement Officer, Point of Care, Siemens Healthineers explained, “Kimball put forth a lot of extra effort to help with a Siemens device that had gone on back-order during a re-design; things such as training additional resources, scheduling additional shifts, and collaborating around the clock.  This enabled Siemens to alleviate the backlog within a three-month period, produce additional new supply of the new design, and mitigate and rebuild safety stock.”

Headquartered in Jasper, Indiana, Kimball Electronics operates nine manufacturing facilities in six countries and was selected based on its “extra effort and performance excellence,” “outstanding communication” and “successful collaboration with change and transition requests and backlog issues from the Siemens team.”

“On behalf of our more than 4,800 employees worldwide, I would like to say thank you to Siemens for recognizing Kimball Electronics with this very special award,” says Don Charron, Kimball Electronics Chairman and CEO.  “This is another great story and a great example of our commitment to service excellence!”

About Kimball Electronics, Inc.

Recognized with a reputation for excellence, Kimball Electronics is committed to a high performance culture that values personal and organizational commitment to quality, reliability, value, speed, and ethical behavior.  Kimball Electronics employees know they are part of a company culture that builds lasting relationships and global success for customers while enabling employees to share in the Company’s success through personal, professional, and financial growth.

Kimball Electronics trades under the symbol “KE” on The NASDAQ Stock Market.  Kimball Electronics is a global contract electronic manufacturing services (“EMS”) company that specializes in durable electronics for the medical, automotive, industrial, and public safety end markets.  Kimball Electronics is well recognized by customers and industry trade publications for its excellent quality, reliability, and innovative service.  From its manufacturing operations in the United States, China, Mexico, Poland, Romania, and Thailand, Kimball Electronics provides engineering, manufacturing, and supply chain services which utilize common production and support capabilities to a variety of industries globally.  Kimball Electronics is headquartered in Jasper, Indiana.

To learn more about Kimball Electronics, visit: www.kimballelectronics.com.

Lasting relationships.  Global success.

CONTACT:
Mary Leah Siegel
Director of Marketing and Research
Telephone: 812-634-4000
E-mail: MaryLeah.Siegel@kimballelectronics.com