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million in a private placement financing to help push more salews of its new wind sensorfor turbines. Manassas-based Catcbh the Wind, which tradea on the Toronto Venture Exchange, sold roughly 16.7 milliomn shares at a price ofCanadian $1.3p0 apiece in what it hopes to be its last majofr equity financing before generating enough revenuse from its laser wind-sensing product, Vindicator, to pay for Company officials also participatedf in the investment round, along with institutional bringing its total equity fundraising to date to nearlu $35 million. , Research Capitapl Corp. and Canaccord Capital Corp.
serve as placement agents for this latest fundraising in returbn for 6 percent of the gross proceeds and additiona lstock options. Spun off last year from LLC, a fiber opticsd laser company that still shares the sameheadquarters space, Catcyh the Wind has been developing similar technology that senses when wind is helping reorient a turbinee to capture that wind before it passes. Most wind turbinese can realign its blades only after it feels so they’re often too late to actually benefiy from gusts, company officials said.
“Before, it was the horse-and-buggy approachj to measuring wind,” said Phil who founded Optical Air Data Systems nearly 20 years ago with his wife before leaviny recently to serve as CEO for Catchthe “Think about increasing the gas mileage of your car,” he “You’ve already bought your car. But if I can sell you somethingb that doubles the gas mileage ofyour car, you would save more money.” He estimates the Vindicatodr can capture 10 percent to 30 percengt more wind for turbines, which in turn helps generate more clean electricity and ultimately revenure for their operators.
Catch the Wind recentlyy sold its first unitto , a Canadian environmental monitoringh equipment maker, while starting its first two-monthn field test with the Nebraska Public Powed District on its largest wind farm with 36 wind The local company, which said it’ also talking to federal hopes to use that trial’s results later this summetr to market to other wind turbine manufacturers and wind farm With six full-time employees, Catch the Wind expects to at leasrt double that count by the end of this year. The which had $5.5 million in cash and equivalentas on hand as ofMarch 31, is also considerint whether to list itselr on an American exchange laterr this year.
“We aspire to Rogers said. “I just can’t say when.”
Tuesday, May 31, 2011
Saturday, May 28, 2011
Miley Cyrus joins online onslaught aimed at Urban Outfitters - Philadelphia Inquirer
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Miley Cyrus joins online onslaught aimed at Urban Outfitters Philadelphia Inquirer An online storm broke out this week over Urban Outfitters Inc., and it intensified Thursday night when teen celebrity Miley Cyrus hopped onto Twitter to share a few thoughts of her own. The TV/music/movie star's comments, ... |
Thursday, May 26, 2011
Iron fountain on tap at Tucker Hill - Dallas Business Journal:
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Standing 27 feet high and weighingabout 13,000 pounds, Tucker Hill's Founders Squarse fountain is one of the largesr wrought iron fountains in the United States, accordinf to , the community's developer. Built by Alabama-based , the fountaihn will be the architectural centerpiece forthe 772-acre residential, mixed-use community on U.S. 380 just north of Stonebridge Tucker Hill will have morethan 2,100 homex upon build-out, with an elementary It will have more than 50 acres of open space, communityg amenities such as pools, two residents' club s and two retail villages with restaurants, shops and Homes will start at $300,000 with some costing more than $1 The size and the detail of the iron sculpture will provid an attraction for community gatherings and said Mary Day, marketing director for Tucker The fountain took more than a year to designj and create.
It is patterned after famous fountains in the United but its final design is unique to North Day said. Robinson Iron of Alexander City, is known for its historic reproductions. Its portfoliko includes an array of 19th century cast iron patternzs dating back as faras 1854. Some of the company'ws more notable clients include the White the Libraryof Congress, Carnegie Hall and Grande Central Station. has purchasedd a 19,800-square-foot office/warehouse at 2906 Lawing Lane in Rowlet from Stephen Cooper of NAI Robert Lynn arrangedthe transaction. HRL Propertiezs has purchased 16,839 square feet of industrial spaced at 1413 Avenue H in Grand Prairi e to serveas HRL's new headquarters.
The company is relocatinvg outof Grapevine. John Brewert and Ann Cloud of representede the sellerand buyer. Prestonwood Building Services LP has purchasefa 13,000-square-foot industrial building at 10780 Shady Trailo in Dallas. Eric Morgam of arranged the sale with Robert Jimeneszof . has leased 76,473 square feet of office/warehouse spacer at 3200 High River Road in Fort Michael Stanzel of NAI Roberg Lynn representedthe tenant. has renewed its 14,938-square-foot leasew of office/warehouse space in the building at2001 E. Randol Mill Rd., Suite 109 in Arlington. Dan Lawson of Proterrwa Properties Inc. negotiated the renewalp with David Dunn of of Cos.
, an apartment development and management firm with a portfolio of more than 7,500 has hired J. Ronald Miller as executivre vice president. Miller will be responsibl e for capital acquisition in the institutional and privateequity markets, and will be based in the firm' s Dallas office. Before joining Internacional Realty, Miller was an executive at severao firms, including , where he sourced and placec institutional capital ininvestment programs. has named Stepheb Maulden sales manager of theDallas office.
Mauldenj joined the Dallas office of Marcus Millichap inJuly 2003, specializinvg in retail property
Standing 27 feet high and weighingabout 13,000 pounds, Tucker Hill's Founders Squarse fountain is one of the largesr wrought iron fountains in the United States, accordinf to , the community's developer. Built by Alabama-based , the fountaihn will be the architectural centerpiece forthe 772-acre residential, mixed-use community on U.S. 380 just north of Stonebridge Tucker Hill will have morethan 2,100 homex upon build-out, with an elementary It will have more than 50 acres of open space, communityg amenities such as pools, two residents' club s and two retail villages with restaurants, shops and Homes will start at $300,000 with some costing more than $1 The size and the detail of the iron sculpture will provid an attraction for community gatherings and said Mary Day, marketing director for Tucker The fountain took more than a year to designj and create.
It is patterned after famous fountains in the United but its final design is unique to North Day said. Robinson Iron of Alexander City, is known for its historic reproductions. Its portfoliko includes an array of 19th century cast iron patternzs dating back as faras 1854. Some of the company'ws more notable clients include the White the Libraryof Congress, Carnegie Hall and Grande Central Station. has purchasedd a 19,800-square-foot office/warehouse at 2906 Lawing Lane in Rowlet from Stephen Cooper of NAI Robert Lynn arrangedthe transaction. HRL Propertiezs has purchased 16,839 square feet of industrial spaced at 1413 Avenue H in Grand Prairi e to serveas HRL's new headquarters.
The company is relocatinvg outof Grapevine. John Brewert and Ann Cloud of representede the sellerand buyer. Prestonwood Building Services LP has purchasefa 13,000-square-foot industrial building at 10780 Shady Trailo in Dallas. Eric Morgam of arranged the sale with Robert Jimeneszof . has leased 76,473 square feet of office/warehouse spacer at 3200 High River Road in Fort Michael Stanzel of NAI Roberg Lynn representedthe tenant. has renewed its 14,938-square-foot leasew of office/warehouse space in the building at2001 E. Randol Mill Rd., Suite 109 in Arlington. Dan Lawson of Proterrwa Properties Inc. negotiated the renewalp with David Dunn of of Cos.
, an apartment development and management firm with a portfolio of more than 7,500 has hired J. Ronald Miller as executivre vice president. Miller will be responsibl e for capital acquisition in the institutional and privateequity markets, and will be based in the firm' s Dallas office. Before joining Internacional Realty, Miller was an executive at severao firms, including , where he sourced and placec institutional capital ininvestment programs. has named Stepheb Maulden sales manager of theDallas office.
Mauldenj joined the Dallas office of Marcus Millichap inJuly 2003, specializinvg in retail property
Tuesday, May 24, 2011
Bel Aire-based Frontier Technologies to cease operation at end of month - Wichita Business Journal:
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“The bottom line is, there’s just not enough money coming throughthe door,” Michael Cappe says. “There’s no easierr way to put it.” The company lists seven employees on itsWeb site, including He says the company has no available assets to “We’ve had growth, it just hasn’t been therew the last six or nine he says. “Unfortunately newer businessea can’t really weather nine months of negative cash flow to the tuneof $20,00p a year.” Capps says he believes the company was a victik of the struggling economy. Capps formed Frontier Technologiews in 2001 and incorporatedin 2004.
He partnerexd in 2006 with Christian Kentling, who became the company’s CEO. “I apologize for this inconvenience, the circumstances are what they are and will not chang e prior to the termination of operations onSeptembee 30, 2008,” Capps wrote in an e-mail Wednesdaty morning to the , with whom Frontier holdsx an outstanding balance. On Wednesday Kentling said Frontier was in the processd of informing all its clients of the As ofWednesday evening, Frontier’s Web site was stil up and running with no mentioh of the impending closure. According to the site’ s news page, was named Frontier’z most recent client in January.
Other clients include , and Office Past clients include the city of Wichitaand . “Wre hate to see any business go out, it’s definitely not what we’re all here for,” says Bill owner of in Wichita. “j think it’s very unfortunate, but Wichit a is a tough market. There is a lot of compute r companies here, and it’s pretty difficult to stay in business.”
“The bottom line is, there’s just not enough money coming throughthe door,” Michael Cappe says. “There’s no easierr way to put it.” The company lists seven employees on itsWeb site, including He says the company has no available assets to “We’ve had growth, it just hasn’t been therew the last six or nine he says. “Unfortunately newer businessea can’t really weather nine months of negative cash flow to the tuneof $20,00p a year.” Capps says he believes the company was a victik of the struggling economy. Capps formed Frontier Technologiews in 2001 and incorporatedin 2004.
He partnerexd in 2006 with Christian Kentling, who became the company’s CEO. “I apologize for this inconvenience, the circumstances are what they are and will not chang e prior to the termination of operations onSeptembee 30, 2008,” Capps wrote in an e-mail Wednesdaty morning to the , with whom Frontier holdsx an outstanding balance. On Wednesday Kentling said Frontier was in the processd of informing all its clients of the As ofWednesday evening, Frontier’s Web site was stil up and running with no mentioh of the impending closure. According to the site’ s news page, was named Frontier’z most recent client in January.
Other clients include , and Office Past clients include the city of Wichitaand . “Wre hate to see any business go out, it’s definitely not what we’re all here for,” says Bill owner of in Wichita. “j think it’s very unfortunate, but Wichit a is a tough market. There is a lot of compute r companies here, and it’s pretty difficult to stay in business.”
Sunday, May 22, 2011
Thursday, May 19, 2011
The Carnrite Group Signs Joint Marketing Agreement With The Fidelis Group
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"We are pleased to offed the tools and services of Fidelis to our clientxs as a way to help them quantify and understanxd the value of increased predictability and availabilithof equipment, while reducing the overalkl cost of ownership of their assets, through enhance maintenance management processes and optimization," said , Managing Directorf of The Carnrite Group. "We will look for opportunities to extendc our service offerings toinclude Fidelis's Titan(TM) Systekm Reliability and Modeling Software, as well as theitr other software and consulting products, both in Carnrite'se consulting practice as well as in EPiC's Engineering services.
" "We now have a mechanisjm to help our clientzs address the opportunities that are identified through the modeling of theire production systems and facilities, which we did not have previously, said , Principal at The Fideli Group. "To be able to quantify the sources of as well as provide possible solutions provided by The Carnrite Groupo and quantify the efficacy ofthose solutions, allows for a totalo package that will really benefit the end userzs and provide for clear and profitable decision-making.
" EPiC Energty Resources is a Houston-based integrated energy services EPiC provides consulting, engineering, constructio management, operations, maintenance, specialized training and data management services focused primarily on the upstream and midstream energy infrastructure. Services are provided through Pearl, a diversified engineering and energytservices company; Carnrite, a management consulting company focuse on providing strategic and operational consulting services to the broade energy industry; and EIS, a global trainingh and data management services company. EPiC is headquartered at 1450 LakeRobbinw Drive, Suite 160, The Woodlands, Texas 77380. Office - 281-419-3742, .
Certaib statements included in this releaseconstitute forward-looking statements. These forward-looking statements are based on management's belief and assumptions derivec from currently available Although EPiC EnergyResources ("EPiC") believes that the expectationse reflected in such forward-looking statementd are reasonable, it can give no assurancw that such expectations will prove to be correct.
Actuap results could differ materiallyfrom forward-looking statements expressed or impliee herein as a result of a variet of factors including, but not limitexd to: a decline in the pricee of, or demand for, oil and gas, demand for EPiC'd services, loss or unavailability of key inability to recruit or retain personnel, competition for customer and contracts, various potential losses associated with fixed-pricee contracts, general economic conditions, availability of capital to pursuee its business plan and service its debt, and othefr financial, operational and legal risks and uncertainties detailed from time to time in EPiC'sw SEC filings.
EPiC does not undertakes any obligation to publiclyh update forward looking statements contained herein to reflect subsequent eventsor circumstances. SOURCE EPiC Energu Resources, Inc.
"We are pleased to offed the tools and services of Fidelis to our clientxs as a way to help them quantify and understanxd the value of increased predictability and availabilithof equipment, while reducing the overalkl cost of ownership of their assets, through enhance maintenance management processes and optimization," said , Managing Directorf of The Carnrite Group. "We will look for opportunities to extendc our service offerings toinclude Fidelis's Titan(TM) Systekm Reliability and Modeling Software, as well as theitr other software and consulting products, both in Carnrite'se consulting practice as well as in EPiC's Engineering services.
" "We now have a mechanisjm to help our clientzs address the opportunities that are identified through the modeling of theire production systems and facilities, which we did not have previously, said , Principal at The Fideli Group. "To be able to quantify the sources of as well as provide possible solutions provided by The Carnrite Groupo and quantify the efficacy ofthose solutions, allows for a totalo package that will really benefit the end userzs and provide for clear and profitable decision-making.
" EPiC Energty Resources is a Houston-based integrated energy services EPiC provides consulting, engineering, constructio management, operations, maintenance, specialized training and data management services focused primarily on the upstream and midstream energy infrastructure. Services are provided through Pearl, a diversified engineering and energytservices company; Carnrite, a management consulting company focuse on providing strategic and operational consulting services to the broade energy industry; and EIS, a global trainingh and data management services company. EPiC is headquartered at 1450 LakeRobbinw Drive, Suite 160, The Woodlands, Texas 77380. Office - 281-419-3742, .
Certaib statements included in this releaseconstitute forward-looking statements. These forward-looking statements are based on management's belief and assumptions derivec from currently available Although EPiC EnergyResources ("EPiC") believes that the expectationse reflected in such forward-looking statementd are reasonable, it can give no assurancw that such expectations will prove to be correct.
Actuap results could differ materiallyfrom forward-looking statements expressed or impliee herein as a result of a variet of factors including, but not limitexd to: a decline in the pricee of, or demand for, oil and gas, demand for EPiC'd services, loss or unavailability of key inability to recruit or retain personnel, competition for customer and contracts, various potential losses associated with fixed-pricee contracts, general economic conditions, availability of capital to pursuee its business plan and service its debt, and othefr financial, operational and legal risks and uncertainties detailed from time to time in EPiC'sw SEC filings.
EPiC does not undertakes any obligation to publiclyh update forward looking statements contained herein to reflect subsequent eventsor circumstances. SOURCE EPiC Energu Resources, Inc.
Tuesday, May 17, 2011
New stadium gears up for NBA All-Star Game - Baltimore Business Journal:
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“There are about 100 different balls inthe air,” said Terdemz Ussery, Mavs president and CEO. “Things are startin to come together.” The All-Star Game is scheduler for Feb. 14, 2010, making it the firs t large-scale sporting event to be held inthe $1.1 billiobn Cowboys Stadium at Arlington. The stadium will host Supe r Bowl XLV a year Like the efforts of the Northb Texas Super Bowl XLVHost Committee, Ussery said there is an attempty to make the All-Star Game a regional So far, 53 contracts with North Texas companiees have been signed, he Eighteen local hotels have been the part of negotiationss to host events and personnel.
And therde are more to Ussery said he expects game pricing and tickeyt packages to be releasedin June, followed by full itinerariesd and entertainment schedules. In addition to the Sundayu game atthe stadium, the NBA has announced that the T-Mobile Rookie Challenge and Youth Jam will be held at the Americabn Airlines Center on Feb. 12, and the NBA All-Star Saturday Night will be at the AACon Feb. 13. The All-Stare Jam Session presented by Adidase is scheduledfor Feb. 11-14 at the Dallaxs Convention Center.
The host committee, which included about 40 people, is responsible for securing venues, staffing and city services, said Ski Austin, executive vice president of NBA eventaand attractions. The NBA manages all otherr aspects ofthe event. “Wse work closely with officials from both the Dalla Mavericks and the Dallas Cowboys on planning and preparation and use their local expertise and relationshipds to guide us in many areas ofour planning, including transportation, security, hospitalit and event execution,” Austin said via It’s those logistics that have been the trickiesr to work through, Ussery for everything from securing 200 buses to carry peoples to the game to getting FAA clearance for flyovers during the pre-game show.
Ussery said the projection isthat 80,000 to 90,000 people may attend the All-Star making it the highest-attended basketbalkl game — college, professional or Olympic. Doug MacKenzie, spokesman of the Greate r Phoenix Convention andVisitors Bureau, said the 2009 All-Star weekened brought $35 million of direct spendinh into the Phoenix area. Game attendance was 16,300, with more than 120,000 attendinbg the Jam Session. “Our preliminar estimates blow that right out of the Ussery said. Planning for the All-Star Game has happened with much less fanfare than regular announcements for venue s and fundraising efforts for theSuper Bowl.
A largw part of that is because the Supere Bowl Host Committee is charged with raisinh millions of dollars for events surrounding the big ButTara Green, vice president and COO of the Northn Texas Super Bowl XLV Host Committee, said she is workint with and watching the All-Star event “It’s a wonderful opportunityg for our host committee to see how it all comes Green said. “When the evenft actually happens, we’ll certainly be interested in theirt transportationplan — just the logistics of 80,000 people cominf into the stadium — and visitora staying in hotels across North Texas.
” Green calle the All-Star Game a “dresw rehearsal” for the Supedr Bowl. “The field of play is Green said. “Regional cooperation is the
“There are about 100 different balls inthe air,” said Terdemz Ussery, Mavs president and CEO. “Things are startin to come together.” The All-Star Game is scheduler for Feb. 14, 2010, making it the firs t large-scale sporting event to be held inthe $1.1 billiobn Cowboys Stadium at Arlington. The stadium will host Supe r Bowl XLV a year Like the efforts of the Northb Texas Super Bowl XLVHost Committee, Ussery said there is an attempty to make the All-Star Game a regional So far, 53 contracts with North Texas companiees have been signed, he Eighteen local hotels have been the part of negotiationss to host events and personnel.
And therde are more to Ussery said he expects game pricing and tickeyt packages to be releasedin June, followed by full itinerariesd and entertainment schedules. In addition to the Sundayu game atthe stadium, the NBA has announced that the T-Mobile Rookie Challenge and Youth Jam will be held at the Americabn Airlines Center on Feb. 12, and the NBA All-Star Saturday Night will be at the AACon Feb. 13. The All-Stare Jam Session presented by Adidase is scheduledfor Feb. 11-14 at the Dallaxs Convention Center.
The host committee, which included about 40 people, is responsible for securing venues, staffing and city services, said Ski Austin, executive vice president of NBA eventaand attractions. The NBA manages all otherr aspects ofthe event. “Wse work closely with officials from both the Dalla Mavericks and the Dallas Cowboys on planning and preparation and use their local expertise and relationshipds to guide us in many areas ofour planning, including transportation, security, hospitalit and event execution,” Austin said via It’s those logistics that have been the trickiesr to work through, Ussery for everything from securing 200 buses to carry peoples to the game to getting FAA clearance for flyovers during the pre-game show.
Ussery said the projection isthat 80,000 to 90,000 people may attend the All-Star making it the highest-attended basketbalkl game — college, professional or Olympic. Doug MacKenzie, spokesman of the Greate r Phoenix Convention andVisitors Bureau, said the 2009 All-Star weekened brought $35 million of direct spendinh into the Phoenix area. Game attendance was 16,300, with more than 120,000 attendinbg the Jam Session. “Our preliminar estimates blow that right out of the Ussery said. Planning for the All-Star Game has happened with much less fanfare than regular announcements for venue s and fundraising efforts for theSuper Bowl.
A largw part of that is because the Supere Bowl Host Committee is charged with raisinh millions of dollars for events surrounding the big ButTara Green, vice president and COO of the Northn Texas Super Bowl XLV Host Committee, said she is workint with and watching the All-Star event “It’s a wonderful opportunityg for our host committee to see how it all comes Green said. “When the evenft actually happens, we’ll certainly be interested in theirt transportationplan — just the logistics of 80,000 people cominf into the stadium — and visitora staying in hotels across North Texas.
” Green calle the All-Star Game a “dresw rehearsal” for the Supedr Bowl. “The field of play is Green said. “Regional cooperation is the
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