Posts Tagged ‘Receives’

Arotech Receives First Order for Award-Winning SWIPES

Posted by admin on February 1st, 2012

Soldier Worn Integrated Power Equipment System Reduces Battery Weight Carried by Soldiers by up to 30%

ANN ARBOR, MI–(Marketwire – Feb 1, 2012) – Arotech Corporation (NASDAQ: ARTX) announced today that its Battery and Power Systems Division has received its first order for SWIPES, its award-winning Soldier Worn Integrated Power Equipment System.

The order for over 350 systems will service the U.S. Army REF (Rapid Equipping Force) and PEO Soldier, PM Soldier Warrior. The REF provides specialized and specific capabilities as quick as possible to Army units positioned globally in order to affect the outcome of wars and battles. PEO Soldier, PM Soldier Warrior, Product Director Soldier Power encompasses expeditionary power solutions intended for the most austere operating environments.

SWIPES utilizes the MOLLE vest and integrates force protection electronics and communications equipment with an advanced battery power source. The system utilizes a modular power distribution system that is powered by BA-8180/U, BA-8140/U Zinc-air batteries, Li-Ion Conformal Battery or the LI-145, BB2590 rechargeable batteries for direct power of equipment, allowing for extended mission times without the burden of power source swaps or power source charging due to their high energy density, and reducing battery weight soldiers carry by up to 30%. The batteries continuously charge the secondary batteries inside various devices, such as two way radios, GPS units and shot detection systems. The SWIPES product allows for individual tailoring by the warfighter and is designed to accept new applications as they become available.

“We are excited by the increased interest in the SWIPES as a consequence of being one of the Ten Best Army Inventions of 2011,” stated Arotech Chairman and CEO Robert S. Ehrlich. “We believe that the fielding of this initial order will demonstrate its effectiveness and pave the way toward wide acceptance by the Warfighter,” noted Ehrlich.

About Arotech’s Battery and Power Systems Division

Arotech’s Battery and Power Systems Division is a leading provider of primary and rechargeable batteries and chargers for defense and other military applications. Arotech develops and produces high power zinc-air batteries and is believed to be the sole supplier of this technology to the U.S. military. In addition, Arotech develops high-end primary and secondary batteries and associated chargers and has vast experience in working with government agencies, the military and large corporations.

The Battery and Power Systems Division consists of Electric Fuel Battery Corporation and Epsilor-Electric Fuel Ltd.

About Arotech Corporation

Arotech Corporation is a leading provider of quality defense and security products for the military, law enforcement and homeland security markets. Arotech provides multimedia interactive simulators/trainers and advanced zinc-air and lithium batteries and chargers. Arotech operates through two major business divisions: Training and Simulation, and Batteries and Power Systems.

Arotech is incorporated in Delaware, with corporate offices in Ann Arbor, Michigan and research, development and production subsidiaries in Alabama, Michigan and Israel.

Except for the historical information herein, the matters discussed in this news release include forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management’s current knowledge, assumptions, judgment and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, readers are cautioned not to place undue reliance on these forward-looking statements, as they are subject to various risks and uncertainties that may cause actual results to vary materially. These risks and uncertainties include, but are not limited to, risks relating to: product and technology development; the uncertainty of the market for Arotech’s products; changing economic conditions; delay, cancellation or non-renewal, in whole or in part, of contracts or of purchase orders; and other risk factors detailed in Arotech’s most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2010 and other filings with the Securities and Exchange Commission. Arotech assumes no obligation to update the information in this release. Reference to the Company’s website above does not constitute incorporation of any of the information thereon into this press release.

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Guanwei Recycling Corp. Receives Nasdaq Letter Regarding Non-Compliance With Minimum Bid Price Rule

Posted by admin on January 31st, 2012

SOURCE: Guanwei Recycling Corp.

FUQING CITY, CHINA–(Marketwire – Jan 31, 2012) – Guanwei Recycling Corp. (the “Company”) (NASDAQ: GPRC), China’s leading clean tech manufacturer of recycled low density polyethylene (LDPE), reported today it received a letter from the Nasdaq Stock Market stating that for the previous 30 consecutive business days, prior to January 25, 2012, the bid price of the Company’s common stock closed below the minimum $ 1.00 per share requirement for continued inclusion on Nasdaq pursuant to Nasdaq Marketplace Rule 5450(a)(1) (the “Minimum Bid Price Rule”).

The Nasdaq letter has no immediate effect on the listing of the Company’s common stock. In accordance with Nasdaq Rule 581010(c)(3)(A), the Company will be provided 180 calendar days, or until July 23, 2012, to regain compliance with the Minimum Bid Price Rule. The Company may regain compliance with the Minimum Bid Price Rule if the bid price of the Company’s Common Stock closes at $ 1.00 per share or more for a minimum of 10 consecutive business days at any time prior to July 23, 2012.

The Company intends to actively monitor the closing bid price of its Common Stock and will consider available options to regain compliance with the Minimum Bid Price Rule.

Undervalued Shares

Mr. Chen Min, Chairman and CEO of the Company, commented further, “With core sales growth exceeding 41% annually and up 48% through the first nine months of 2011, a price earnings ratio of less than 1 1/2 times 2011 nine month earnings (which were up 29% year over year) and a continuing strong growth outlook for our industry-leading eco-friendly business, we believe our shares are significantly undervalued. Going forward, as we continue to focus on growing our business, we believe investors will recognize our strengths and Guanwei shares will be valued more appropriately.”

Description of Guanwei Recycling Corp.

Guanwei Recycling Corp. is China’s largest manufacturer of recycled low density polyethylene (LDPE). Adhering to the highest “green” standards, it has generated rapid growth producing LDPE from plastic waste procured mostly in Europe for sales to more than 300 customers in ten different industries in China. Guanwei Recycling Corp. is one of the few plastic recyclers in China that has been audited by German authorities, most recently Umweltagentur Erftstadt, for compliance with German pollution and environmental standards. This allows the company to procure high quality plastic waste directly from Germany and other European countries (Spain and Holland), with no middlemen, and permits highly economic production of the highest grades of LDPE. Additional information regarding Guanwei Recycling Corp. is available at www.guanweirecycling.com.

Information Regarding Forward-Looking Statements

Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product demand, market competition, and risks inherent in our operations. These and other risks are described in our filings with the U.S. Securities and Exchange Commission.

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S+H Construction Receives LEED-Certification on Residential Project in Cambridge

Posted by admin on January 26th, 2012

CAMBRIDGE, MA–(Marketwire – Jan 26, 2012) – S+H Construction, Inc. of Cambridge, Massachusetts, one of the greater Boston area’s premier residential renovation and custom home building companies, is pleased to announce a recently completed residential project in Cambridge received LEED-certification by the U.S. Green Building Council (USGBC) for achievement in green homebuilding and design.

The 6,435 square foot home, built by S+H Construction and designed by AndersonPorterDesign, took approximately six months to design and two years to construct. It incorporates durable construction details, sustainable landscaping, water-efficient plumbing fixtures, recycled materials, and enhanced indoor air quality features including HEPA filters, a heat-recovery ventilation system and Energy Star rated ventilation fans. It also includes the infrastructure to add solar voltaic panels in the future.

The project achieves a 61 HERS (home energy rating system) index score, meaning it is nearly 40% more energy efficient than a home designed to building code requirements. Helping to achieve this level was the use of Icynene foam insulation for the exterior walls and the roof and high efficiency and renewable energy measures such as a ground source heating and cooling system and a rooftop solar hot water heating system.

“This LEED-certified home serves as a model of greener living for the entire community, setting an example that we can live better by reducing our environmental footprint and cutting utility bills,” notes S+H Construction co-president Doug Hanna. “Our company is committed to offering the latest energy efficient options that carry the greatest long term benefits and savings.”

“The design and construction of an energy retrofit project like this renovation requires careful attention to detail and a well-coordinated team in order to successfully achieve LEED-certification,” states Daniel Anderson, AndersonPorterDesign partner. “I appreciated the skill and expertise brought to the project by S+H and am pleased that together we were able to meet the program’s stringent requirements. This project is significant in being only the 6th gut-rehab project to achieve LEED for Homes certification in Massachusetts.”

A multi-award winning firm, S+H Construction collaborates with architects and other design professionals to offer residential renovations, custom building, historic restorations, energy conservation, renewable energy, site work and landscaping solutions. Serving the greater Boston area for over 30 years, S+H provides a dedicated team who share a commitment to customer satisfaction. Their work is consistently seen in both regional and national home and design publications. Additionally the company recently received the 2012 Best of Boston Home Award which is the fifth “Best of” honor for S+H.

S+H Construction is located at 26 New Street in Cambridge, MA. For more information, please call (617) 876-8286, or visit the company website at www.shconstruction.com. Follow S+H on Facebook at www.facebook.com/shconstruction. Press inquiries; contact Joanne DiFrancesco, JDCommunications, Inc. at (781) 828-0323, or [email protected].

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Intertek Receives SCC Accreditation for Large and Small Wind Turbine Services

Posted by admin on January 19th, 2012

[unable to retrieve full-text content]ARLINGTON HEIGHTS, Ill.–(BUSINESS WIRE)–Intertek has been accredited by the Standards Council of Canada (SCC) to perform large and small wind turbine certifications for the Canadian market to CAN/CSA C61400 series of standards.



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EM Press Release: WIPP Receives First Remote-Handled Waste Shipment From Sandia Labs

Posted by admin on December 22nd, 2011

CARLSBAD, N.M., December 21, 2011 – The U.S. Department of Energy’s (DOE) Waste Isolation Pilot Plant (WIPP) has received the first of eight planned defense-related remote-handled transuranic (RH-TRU) waste shipments from Sandia National Laboratories (SNL) in Albuquerque. The shipment arrived December 16 for permanent disposal in WIPP’s underground repository… For additional information, please click the link above.
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Scorpex Receives a $90 Million Equipment Financing Letter of Intent

Posted by admin on December 18th, 2011

LAS VEGAS–()–Scorpex, Inc. (Pinksheets: SRPX) (the “Company”), an emerging leader of
industrial, hazardous and toxic waste disposal services in the Baja
Mexico/California region, has received an executed financing letter of
intent from International Environmental Technologies, Inc. (“IET”) for
the financing of its waste gasification/thermal oxidation equipment and
licenses currently under contract with Scorpex. IET has represented that
multiple sources are interested in financing the equipment it plans to
install at the Company’s initial site near Ensenada, Mexico.

Chief Executive Officer Joseph Caywood stated, “IET has continued to be
a very strong partner in satisfying our debt equipment financing needs.
Increasing the size of our initial equipment contract allows Scorpex the
ability to start stronger with more sources of waste supplies.
Furthermore, the access to larger equipment financing will allow us to
build on the site as soon as possible. I anticipate being able to
announce more specific details regarding the debt financing terms and
conditions in the coming weeks.”

About
Scorpex, Inc.

Scorpex, Inc. is taking the necessary steps to own and operate a full
service waste disposal and recycling company, capable of storing and
disposing all types of waste, including those classified as industrial,
toxic, and hazardous. The location chosen for the first Scorpex plant is
strategically positioned to accommodate the vast region of Baja
California, Mexico.

For more information, visit www.scorpex.com.

This press release may contain certain forward-looking statements
regarding future circumstances. These forward-looking statements are
based upon the Company’s current expectations and assumptions and are
subject to various risks and uncertainties that could cause actual
results to differ materially from those contemplated in such
forward-looking statements. Actual results, events, and performance may
differ. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as to the date hereof. The
Company undertakes no obligation to release publicly any revisions to
these forward-looking statements that may be made to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events. The inclusion of any statement in this release
does not constitute an admission by the Company or any other person that
the events or circumstances described in such statements are material.

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Millerhill waste treatment plant receives go ahead

Posted by admin on December 15th, 2011
December 14th, 2011 by Lynn Baker

The waste treatment facility set to be built close to Millerhill’s old rail marshalling yards in Edinburgh has been given the green light by councillors.

The joint venture between councils in Edinburgh and Midlothian is to operate 24 hours per day, seven days a week, while recycling municipal waste. For now,  a detailed planning application won’t be submitted until the mentioned councils have found a contractor to build it.

The first facility, currently out to tender, is to deal with food waste. According to insiders, it is highly likely that the successful bidder will put forward a planning application next summer, in 2012. The project’s director, Mr Gordon Pollock, spoke at a press conference and told of how a major step has been taking in the race to make sure that sustainable waste treatment can be provided for citizens across Edinburgh and Midlothian.

Pollock continued by explaining that the site at Millerhill remains ideal for several reasons and that work and research already undertaken has already proven that this has paid off. Mr Robert Aldridge, currently the environment leader at Edinburgh City Council, said that the best possible direction has been taken with regards to the future of Scottish waste treatment.

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Nisqually Estuary restoration receives national award for outstanding coastal protection (WA)

Posted by admin on December 12th, 2011

 

Release Date: 12/12/2011
Contact Information: Hanady Kader, EPA Public Affairs, 206-553-0454, [email protected]

(Seattle—Dec. 10, 2011) The Nisqually Estuary Restoration Team received national accolades for outstanding efforts to restore and protect the coastal environment as a recipient of the Coastal America Partnership Award. This is the only award of its kind presented by the Obama Administration for on-the-ground environmental restoration partnership projects.

Federal, regional, tribal, and non-profit officials met at the Nisqually National Wildlife Refuge for a tour and award ceremony to recognize the restoration of over 900 acres of tidal habitat in the Nisqually Delta.

“The restoration of the Nisqually Estuary and delta system is striking,” said Virginia Tippie, Coastal America Director. “It is an example of an opportunity that resulted from critical community needs and the development of key partnerships.”

The 15-year long project was led by a partnership of federal, state, tribal, non-profit, and local scientists and officials who worked together to return the Nisqually Delta to a more natural state. A one-mile long boardwalk trail allows visitors to explore the delta, view wildlife and observe the estuary.

Officials from the U.S. Department of Interior, U.S. Environmental Protection Agency, Nisqually Indian Tribe, U.S. Fish and Wildlife Service, National Oceanic and Atmospheric Administration, Ducks Unlimited, and the Nisqually River Council were in attendance, as were representatives of all 17 partners on the team.

In October 2009, the Brown Farm Dike was removed after a century of blocking tidal flow, allowing the tides to return to over 760 acres of the Nisqually National Wildlife Refuge. Along with 190 acres of wetlands restored by the Nisqually Indian Tribe, the Nisqually Delta represents the largest estuary restoration project in the Pacific Northwest to assist in recovery of Puget Sound salmon and wildlife populations.

Over the past decade, the refuge and close partners, including the tribe and Ducks Unlimited, have reconnected more than 35 kilometers of the historic tidal slough systems and floodplains with the tides of Puget Sound, which could increase salt marsh habitat in the southern reach of Puget Sound by 55 percent. This partnership effort was an important step in the recovery of Puget Sound.

For more information on the Nisqually National Wildlife Refuge, visit: http://www.fws.gov/Nisqually/

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Cintas Uniform Rental Facility in Virginia Receives OSHA’s Highest Safety Recognition

Posted by admin on December 12th, 2011

RICHMOND, Va.–()–Cintas Corporation (NASDAQ: CTAS) today announced that its uniform
rental facility in Chester, Va., near Richmond, has received Voluntary
Protection Program (VPP) “Star” worksite designation from the Virginia
Occupational Safety and Health Administration (OSHA), the agency’s
highest recognition for the practice of, and commitment to, exemplary
occupational safety and health. The facility becomes the third Cintas
uniform rental operation to receive the coveted VPP “Star” status, and
the fourth company-wide.

“This type of achievement can only be realized when everyone is working
together for one common goal”

“This type of achievement can only be realized when everyone is working
together for one common goal,” said Howard Baron, General Manager of
Cintas in Chester, Va. “To say I’m proud of my team would be an
understatement! It’s a great accomplishment that is deserved by a great
group of employee-partners.”

The Cintas uniform rental facility in Chester, Va. officially began the
VPP process in 2006. Following close collaboration between management
and employee-partners to demonstrate the company’s exceptional culture
of safety and successful completion of a strict and rigorous audit, the
Chester facility becomes the 56th location in the state of
Virginia to be awarded the designation.

“Receiving the VPP ‘Star’ award here in the state of Virginia is no
small feat. Every year, only a small number of companies are ever
awarded this status,” said Jim Cheng, Secretary of Commerce and Trade,
Commonwealth of Virginia. “The effect is companies save money in the
long term, the employees are safer and healthier and the state saves
inspection time, manpower and money. It’s truly a win-win for everyone.”

As a facility with leading safety and health practices, the Chester, Va.
uniform rental facility is constantly integrating improvements to its
safety and health programs. The company employs 120 people in Chester
and 1,000 statewide.

Cintas Corporation currently has more than 130 facilities companywide
actively seeking either VPP certification or recognition under other
OSHA-administered safety excellence programs.

About Cintas

Headquartered in Cincinnati, Cintas Corporation provides highly
specialized services to businesses of all types primarily throughout
North America. Cintas designs, manufactures and implements corporate
identity uniform programs, and provides entrance mats, restroom
supplies, promotional products, first aid, safety, fire protection
products and services and document management services for approximately
900,000 businesses. Cintas is a publicly held company traded over the
Nasdaq Global Select Market under the symbol CTAS, and is a component of
the Standard & Poor’s 500 Index.

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Evergreen Energy Receives Delisting Notice from NYSE Arca

Posted by admin on December 1st, 2011

DENVER–()–Evergreen Energy Inc. (NYSE Arca: EEE) announced that on December 1,
2011, NYSE Arca delivered a notice to the company confirming that the
exchange will suspend trading of the company’s common stock on the NYSE
Arca prior to the opening of business on December 2, 2011 and that the
exchange intends to delist the company’s common stock. The basis for the
NYSE Arca delisting determination is set out below.

“While we did not meet the standards to remain listed on NYSE Arca, we
intend to continue our focus on our operations and moving the company
forward in its objectives.”

Thomas H. Stoner, Co-Chair of the Company’s Board of Directors, stated:
“While we did not meet the standards to remain listed on NYSE Arca, we
intend to continue our focus on our operations and moving the company
forward in its objectives.”

The company has a pending application to have its common stock quoted
for trading on the Over-the-Counter Bulletin Board. Stocks traded on the
Over-the-Counter Bulletin Board may experience more limited trading
volume and exhibit wider spreads between the bid/ask quotation. In
addition, the company’s common stock would become subject to the “penny
stock” rules, which impose additional customer suitability and
disclosure requirements on broker-dealers effecting transactions in
common stock. These requirements could adversely affect the market price
and liquidity of the company’s common stock.

On November 6, 2011, Evergreen responded to the NYSE Arca addressing the
areas of noncompliance. On November 8, 2011, the company received a
further letter from NYSE Arca indicating that it planned to initiate
delisting procedures for the reasons stated above and held a meeting on
November 29, 2011 to further discuss the company’s listing status.

The company did not, and currently does not, satisfy the continued
listing standards contained in the following sections of the NYSE Arca
Company Guide: (i) Rule 5.5(b) – failure to maintain a closing price at
or above $ 3.00 over a 30 consecutive trading day period; (ii) Rule
5.5(b) – failure to maintain a minimum net worth of $ 4,000,000; (iii)
Rule 5.5(l)(3) – NYSE Arca has concluded that the company’s financial
condition is currently impaired to the degree requiring consideration of
a suspension or delisting action; and (iv) Rule 5.3(k)(5)(C)(i) –
failure to have an audit committee comprised of at least three
independent directors as a result of the resignation of Peter Moss on
November 13, 2011. Evergreen has a limited right to appeal the basis for
the delisting determination by requesting a hearing with an NYSE Arca
listing qualifications panel. Evergreen’s business operations will
continue in the normal course and will not be affected by the status of
its NYSE Arca listing.

Evergreen Energy Inc.

Evergreen Energy Inc. (NYSE Arca: EEE) offers environmental solutions
for energy production and generation industries, primarily through its
patented clean coal technology, K-Fuel. K-Fuel significantly improves
the performance of low-rank sub-bituminous and brown coals and lignite.
The process yields higher efficiency levels, which are variable
depending on the type of coal processed, by applying heat and pressure
to low-rank coals to reduce moisture. For more information, please visit
the company’s website at www.evgenergy.com.

Safe Harbor Statement

Statements in this release that relate to future plans or projected
results of Evergreen Energy Inc. are “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933, as amended by
the Private Securities Litigation Reform Act of 1995 (the “PSLRA”), and
Section 21E of the Securities Exchange Act of 1934, as amended by the
PSLRA, and all such statements fall under the “safe harbor” provisions
of the PSLRA. Our actual results may vary materially from those
described in any “forward-looking statement” due to, among other
possible reasons, the realization of any one or more of the risk factors
described in our annual or quarterly reports, or in any of our other
filings with the Securities and Exchange Commission. Readers of this
release are encouraged to study all of our filings with the Securities
and Exchange Commission. Readers of this release are cautioned not to
put undue reliance on forward-looking statements.

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