CES 2018 : French start-up DYRUN reinvents Internet connection in white and grey zones

DOMMARTEMONT, FRANCE—(Marketwired – January 10, 2018) – DYRUN, specialist in Internet connection for white and grey zones, and part of the FrenchTech brand, is pleased to announce TRON and TRON X, two “hyper–connecters” that provide high speed Internet (3G/4G LTE). This new generation of products assures premium connection even in white zones.

In isolated areas abroad, or even in a city center, connection issues can strike anyone, anytime, prompting the dreaded phrase “I don't have connection!”. Too many areas are still affected by grey or white zone problems, and in this highly digital IoT era, these issues are impossible to accept.

According to Gartner, 6 billion connected objects will be in circulation this year. And Gartner and the IDATE predict that by 2020 the number of connected objects in circulation will rise to somewhere between 50 and 80 billion.

Created in 2013, this French start–up sought to solve connectivity issues. DYRUN has develop a patented technology, revolutionizing Internet connection and to reducing the digital divide. DYRUN products are now ready for deployment and compatible in nearly 90 countries.

“DYRUN offers a smart solution able to choose a network based on its quality and its flow. This is a world first! Our products are compatible with Windows PC / iOS and Android and iOS, empowering people with connection in poorly served areas,” says Jérôme CASSOUS, Communication and Development Manager at DYRUN.

“Hyper–Connectors” TRON and Tron X are 180g mobile units that can easily fit in a pocket. Each unit has a slot for a SIM card of the regular operator and compensates for the loss or absence of a network. The unit finds the best network to provide the user with a strong, fast and secure connection.

The units also offer a multi–operator SIM card option via DYRUN Telecom, with daily or monthly subscription fees. The advantage of this ensures continuous connection with the best operator in the area, regardless of where the user is and without incurring data roaming fees.

A tiny signal is required for DYRUN to capture and optimize connection. That said, even areas as remote as the Sahara Desert can offer a signal when equipped with the box.

TRON and Tron X are equipped with LED and a luminous logo indicates a low battery.

*Source: https://www.arcep.fr/index.php?id=13111
TRON

Price: 149EUR TTC, available in April 2018.
CHARACTERISTICS:

  • Carte SIM
  • 5h00 of autonomous operation
  • Powerbank
  • Connection for up to 10 people / devices
    • Configurable VPN connection

TRON X

Price: 299EUR TTC, available in April 2018.
CHARACTERISTICS:

  • SIM + eSIM card with VPN and Intelligent Back–up connection system
  • Anticipation of mobility
  • Smart battery
  • Up to 18h00 of autonomy
  • Connection for up to 32 people / devices

About Dyrun:
DYRUN is a French start–up founded by Michel Sieben in 2013, and joined by the group MENTOR in 2015 by President Benoit Michaux. After five years of R & D and a patent in 148 countries, DYRUN products are being launched with the goal to reduce the digital divide and enhance user experience.

Documents and/or Photos available for this release:

Caption(s):
DYRUN TRON
DYRUN TRON X

To view supporting documents and/or photos, go to www.enr–corp.com/pressroom and enter Release ID: 417087

Melcor REIT Announces Unitholder Approval of $80.875 Million of Property Acquisitions

EDMONTON, AB—(Marketwired – January 10, 2018) –

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES.

Melcor Real Estate Investment Trust (TSX: MR.UN) (the “REIT”) announced today that unitholders approved, in accordance with the requirements of Multilateral Instrument 61–101, Protection of Minority Security Holders in Special Transactions (“MI 61–101″), the purchase (the “Melcor Acquisition”) of five commercial properties from Melcor Developments Ltd.. As the Melcor Acquisition was considered a “related party transaction” under MI 61–101, the REIT was required to obtain the prior approval of the Melcor Acquisition by a majority of the minority unitholders. The Melcor Acquisition is expected to close on January 12, 2018.

About Melcor REIT

The REIT is an unincorporated, open–ended real estate investment trust. The REIT owns, acquires, manages and leases quality retail, office and industrial income–generating properties. Its portfolio is currently made up of interests in 37 properties representing approximately 2.71 million square feet of gross leasable area located across Alberta, Regina, Saskatchewan and Kelowna, British Columbia. For more information, please visit www.melcorREIT.ca.

Forward–Looking Statements

This press release contains “forward–looking information” as defined under applicable Canadian securities law (“forward–looking information” or “forward–looking statements”) which reflect management's expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. Statements other than statements of historical fact contained in this press release may be forward–looking information. Some of the specific forward–looking statements in this press release include, but are not limited to, statements with respect to: the closing of the Melcor Acquisition and the expected terms and closing dates thereof. The REIT has based these forward–looking statements on its current expectations and assumptions about future events, which may prove to be incorrect.

When relying on forward looking statements to make decisions, readers are cautioned not to place undue reliance on these statements, as forward–looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results and do not take into account the effect of transactions or other items announced or occurring after the statements are made. All forward–looking information in this press release speaks as of the date of this press release. A number of factors could cause actual results to differ materially from the results discussed in the forward–looking statements. The REIT does not undertake any obligation to update any such forward–looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.

Corum Client Lending Manager Acquired by Loyalty Express

SEATTLE, WA—(Marketwired – January 10, 2018) – Corum Group, the leading M&A advisory firm for software and related technology companies, today announced that its client, Lending Manager, has been acquired by Loyalty Express.

Lending Manager is a leading point–of–sale and website creator for lenders of all sizes, and LoyaltyExpress is a provider of marketing automation and cloud–based CRM solutions for mortgage companies and banks. The combined company services 115 lenders with over 15,000 loan officers across all platforms.

“It was great working with the Corum Group team,” said Wayne Steagall, founder of Lending Manager. “They helped walk us through the entire acquisition process and were extremely responsive to any questions we had. Corum Group was referred to us by a previous successful client and we would definitely recommend them to anyone else looking to take their company to market.”

“We are impressed with Wayne, and the exceptional company he's built,” said Rob Schram, Corum Group Senior Vice President, who led the deal. “Lending Manager embodies a spectrum of excellence – team, platform, market position, growth, profitability and value potential. We are delighted with the LoyaltyExpress partnership and are excited to witness the combined teams' continued success.”

“Wayne and his team have developed integrations with over 75 CRM, loan origination, lead management, and point–of–sale systems which is a growing requirement of any solution in the mortgage industry,” said Jeff Doyle, CEO of LoyaltyExpress. “We look forward to integrating CustomerManager with Lending Manager.”

Schram will further discuss this deal, as well as the overall M&A market for software and related technology companies, during Corum's annual report webcast on January 18: Forecast 2018: Global Tech M&A.

About Corum Group
Corum Group is the global leader in merger and acquisition services, specializing in serving sellers of software and Internet companies worldwide. With offices globally, Corum has completed over US $7 billion in software M&A transactions over the last 30 years, spanning six continents. Corum also educates the industry with its popular conferences and publishes the most widely distributed software M&A research. Corum's M&A advisors are highly experienced former tech CEOs, who are supported by the industry's leading researchers, writers and valuators. Corum also does much to educate the industry with its conferences and webinars and the industry's most widely distributed software and IT M&A research.

About LoyaltyExpress
LoyaltyExpress simplifies CRM and marketing automation for banks and mortgage companies, including one of the top three retail lenders in the nation. Its flagship solution, CustomerManager, is an enterprise–wide, Software–as–a–Service platform that combines lead management, email and direct mail campaigns with a 360–degree view of each loan officer's customers, partners and prospects. The MarketingCentral service delivers a web–based, sales collateral store powered by custom content creation and integrated print fulfillment. LoyaltyExpress eliminates the need to share sensitive customer data with multiple vendors and has a team of world–class marketing and branding experts with extensive experience in the mortgage industry. LoyaltyExpress is backed by New Capital Partners. For more information, visit www.loyaltyexpress.com.

About Lending Manager
Lending Manager builds custom corporate and loan officer websites for lenders of all sizes. The Company delivers world–class flexible point–of–sale solutions with over 75 integrations with the leading mortgage technology providers. Lending Manager is based in Newark, Delaware. For more information, visit www.lendingmanager.com.

About New Capital Partners
New Capital Partners is focused on building great companies by investing in high–growth businesses and partnering with management teams in the healthcare, financial services, and business services industries. New Capital Partners is headquartered in Birmingham, Alabama and has an office in Dallas, Texas. For more information, visit www.newcapitalpartners.com.

Title II and III of the ADA and Section 508 Will Need to be Updated for New Accessibility Standards

PROVIDENCE, RI—(Marketwired – January 10, 2018) – The World Wide Web Consortium (W3C)'s Accessibility Guidelines Working Group has issued a “last call” for comments from the public regarding the updated Web Content Accessibility Guidelines (WCAG) 2.1, which are forecasted to take effect as early as spring of 2018.

WCAG 2.1 will contain new standards for Levels A, AA, and AAA of the web accessibility guidelines, including character key shortcuts that will help minimize conflict with accessibility software such as screen readers and improved “zoom” functionalities on webpages. WCAG 2.1 will be backward compatible with 2.0, meaning that everything that existed in WCAG 2.0 will be interoperable with version 2.1. This will help make the transition easier as companies improve their accessibility in the coming years. The Bureau of Internet Accessibility (BoIA) encourages all companies to review these guidelines to make plans for implementation in the coming months.

The Working Group will be issuing another call for comments before WCAG 2.1 becomes a final and formal recommendation, but this is expected to only be for minor changes.

For more information about the WCAG updates: https://www.boia.org/blog/wcag–2.1–what–you–need–to–know

About the Bureau of Internet Accessibility (BoIA):

Mobile and Web accessibility compliance is a requirement, but trying to understand the WCAG 2.0 Guidelines and how they relate to ADA, ACAA, OCR, AODA, Section 508 and other compliance requirements, can be confusing. The Bureau of Internet Accessibility (BoIA) has been helping eliminate the accessibility digital divide since 2001. The organization's reports, tools, and services have assisted businesses in improving, maintaining, and proving the accessibility of their websites. With services that include self–help tools, audits, training, remediation and implementation support, BoIA has the experience and expertise to ensure that accessibility efforts are worthwhile and successful. For more information, visit www.BoIA.org.

Palmetto Moon Appoints Adam Stone to Chief Executive Officer

CHARLESTON—(Marketwired – January 10, 2018) – Palmetto Moon, LLC (“Palmetto Moon” or the “Company”), a portfolio company of Topspin Partners, announced today that it has appointed Adam Stone to the position of Chief Executive Officer. Eric Holzer, who currently serves as CEO, has decided to step away from the position to spend more time with his family.

Mr. Stone has over 24 years of diverse experience in the retail industry and has extensive experience in both public and private equity environments. He previously served as CEO of children's apparel specialty retailer Hanna Andersson since 2010. Under Mr. Stone's leadership, Hanna Andersson grew from a $60 million business with 15 stores to a $200 million business with 75 stores. Adam successfully exited the Company through a sale to L Catterton in 2016. Prior to Hanna Andersson, Mr. Stone held various positions at Limited Brands, including Chief Financial Officer of Victoria's Secret Stores and Vice President of Finance at Express. Mr. Stone stated, “I am thrilled to join Palmetto Moon. The brand has tremendous growth opportunity. The unique product line and customer–centric approach develop a strong emotional connection at the local level. Eric and his team have done a remarkable job developing and growing the brand while staying true to the heritage established by the founders.”

Mr. Holzer, who has served as CEO of the Company since 2016, led Palmetto Moon through numerous stages of strategic transformation. Mr. Holzer said, “It has been a very difficult decision to step away from Palmetto Moon as I have cherished the time that I have spent in this dynamic company and am so proud of the team's extraordinary effort in building such a strong foundation for the future. While it is bittersweet to move on, I am confident that the timing is right for me to pursue the next phase in my life and that Adam will successfully guide the Company in to the future.”

Stephen Lebowitz, a Managing Partner at Topspin Partners, said, “We are highly enthusiastic to have Adam joining Palmetto Moon. His track record of success at Hanna Andersson is outstanding, and we are confident he will lead Palmetto Moon on a continued path of robust growth. We have enjoyed working with Eric and wish him the best in his future endeavors.”

About Palmetto Moon
Palmetto Moon is a specialty retailer, headquartered in Charleston, South Carolina and operating in the southeastern United States. Palmetto Moon is focused on merchandising affordable, outdoor active lifestyle, college lifestyle and state pride brands that appeal to and promote the values of collegiate, coastal and southern living. The Company is rapidly expanding its base of 15 stores in South Carolina, Georgia, North Carolina and Florida and through its e–commerce platform. For additional information on Palmetto Moon, please visit www.palmettomoononline.com.

About Topspin
Topspin Partners is a suburban NY–based private equity fund that makes investments in profitable and established lower middle–market businesses. The firm invests across a number of industries, including niche consumer, health and wellness, retail, food and beverage, business services, security and media and information services. The Topspin team has considerable operational expertise and collaborates with management teams to build businesses. Further information on Topspin can be found at www.topspinpartners.com.

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Avaya Names Mercer Rowe to Lead New Cloud Business

SANTA CLARA, CA—(Marketwired – January 10, 2018) – Avaya (OTCQX: AVYA) today announced the appointment of Mercer Rowe as senior vice president and general manager of Avaya Cloud, a newly formed organization with a singular focus on driving cloud products and services for Avaya.

Rowe joins Avaya from IBM, where he served as vice president of strategic partners for the company's cloud and Watson platforms, leading global cloud and artificial intelligence initiatives. Before joining IBM, Rowe founded and served as CEO of VMware vCloud Service, a joint–venture with SoftBank to deliver Cloud services in Japan. He also incubated VMware's own cloud service business, and spent a decade with cloud–powered start–ups in the enterprise software and service provider spaces, building sales, channel and services organizations. He began his career in engineering roles with Lockheed Martin and Nortel Networks.

“Mercer brings a wealth of knowledge that will help us expand our business in the cloud, which is critical to our growth,” said Jim Chirico, president and chief executive officer, Avaya. “By creating a business solely focused on cloud products and services, and with Mercer's leadership, we will accelerate the delivery of cloud solutions that meet the growing needs of our customers and partners.”

Rowe's responsibilities will span public, private and hybrid cloud offers, including cloud R&D, application development and services as well as sales for the newly organized business unit.

“Avaya is a global leader in contact center (CC) and unified communications & collaboration (UC) software solutions with over 130,000 customers worldwide and an installed base of over 100 million users,” Rowe said. “The transformation of UC and CC to cloud delivery is still in the early innings and the growth opportunity for Avaya is one of the biggest cloud opportunities in the market today. I'm excited to join the new executive team at Avaya to capture the growth being driven by cloud, digital transformation, mobility, artificial intelligence, cybersecurity and IoT.”

Rowe holds a B.S. in Computer Engineering from North Carolina State University.

About Avaya
Avaya enables the mission critical, real–time communication applications of the world's most important operations. As the global leader in delivering superior communications experiences, Avaya provides the most complete portfolio of software and services for contact center and unified communications — offered on premises, in the cloud, or a hybrid. Today's digital world requires communications enablement, and no other company is better positioned to do this than Avaya. For more information, please visit www.avaya.com.

Cautionary Note Regarding Forward–Looking Statements

This document contains certain “forward–looking statements.” All statements other than statements of historical fact are “forward–looking” statements for purposes of the U.S. federal and state securities laws. These statements may be identified by the use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, expected cash savings and statements about growth, exchange listing and improved operational metrics. The Company has based these forward–looking statements on its current expectations, assumptions, estimates and projections. While the Company believes these expectations, assumptions, estimates and projections are reasonable, such forward–looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. The factors are discussed in the Company's Registration Statement on Form 10 filed with the Securities and Exchange Commission, may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward–looking statements. For a further list and description of such risks and uncertainties, please refer to the Company's filings with the SEC that are available at www.sec.gov. The Company cautions you that the list of important factors included in the Company's SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward–looking statements contained in this report may not in fact occur. The Company undertakes no obligation to publicly update or revise any forward–looking statement as a result of new information, future events or otherwise, except as otherwise required by law.

Follow Avaya on Twitter, Facebook, YouTube, LinkedIn, Flickr and the Avaya Connected Blog.

Source: Avaya Newsroom

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EnWave Signs Technology Evaluation and License Option Agreement with Calbee Incorporated

VANCOUVER, BC—(Marketwired – January 10, 2018) – EnWave Corporation (TSX VENTURE: ENW) (FRANKFURT: E4U) (“EnWave”, or the “Company”) announced today that it has signed a Technology Evaluation and License Option Agreement (the “TELOA”) with Calbee Incorporated (“Calbee”), the largest snack food manufacturer in Japan.

After multiple site visits and extensive preliminary trials at EnWave's facilities in Canada, Calbee decided to enter a TELOA to exclusively evaluate several snack food applications at their facilities using lab–scale Radiant Energy Vacuum (“REV™”) technology.

This is the first TELOA signed by EnWave with a Japanese food manufacturing company and represents an important milestone for the Company. Over the past year, EnWave has been working under a Cooperation Agreement with Correns Corporation (“Correns”) of Tokyo to broaden its sales and business development network in Japan. Correns will continue to collaborate with EnWave to support both research and development, as well as potential future commercial installations in Japan.

About Calbee Incorporated
Calbee Incorporated is a major Japanese snack food maker. Founded in 1949, its Calbee snacks are hugely popular in Asia, and are well known in the United States and internationally. Calbee manufactures a wide range of snack foods using potato, wheat, and corn as main ingredients. The company also manufactures bakery products and cereals.

Calbee is committed to harnessing nature's gifts, to bringing taste and fun to its consumers, and to contributing to healthy life styles. Its headquarters are located in the Marunouchi Trust Tower Main in Marunouchi, Chiyoda, Tokyo. For more information please visit www.calbee.com.

About Correns Corporation
Correns Corporation, founded in Tokyo in 1948, has contributed to the growth of this trade, serving as a bridge, not only for goods and services but also for mutual understanding, between Japan and Western countries.

Correns strives to play a broader role than merely trading, aiming to be reliable partners to both our principals and clients, to help them understand each other well enough to form long–lasting relationships. Correns has a staff of about 175 employees, most of them sales engineers, build strong ties on both sides; they bring to clients the benefits of the suppliers' expertise in engineering, production processes and product design. They also assist suppliers and clients with patent issues.

For more information about Correns, please visit www.correns.co.jp.

About EnWave
EnWave Corporation, a Vancouver–based advanced technology company, has developed Radiant Energy Vacuum (“REV™”) — an innovative, proprietary method for the precise dehydration of organic materials. REV™ technology's commercial viability has been demonstrated and is growing rapidly across several market verticals in the food and pharmaceutical sectors. EnWave's strategy is to sign royalty–bearing commercial licenses with industry leaders in multiple verticals for the use of REV™ technology. The company has signed twenty–three royalty–bearing licenses to date, opening up eight distinct market sectors for commercialization of new and innovative products. In addition to these licenses, EnWave has formed a Limited Liability Partnership, NutraDried LLP, to develop, manufacture, market and sell all–natural cheese snack products in the United States under the Moon Cheese® brand.

EnWave has introduced REV™ as the new dehydration standard in the food and biological material sectors: faster and cheaper than freeze drying, with better end product quality than air drying or spray drying. EnWave currently has three commercial REV™ platforms:

1. nutraREV® which is used in the food industry to dry food products quickly and at low–cost, while maintaining high levels of nutrition, taste, texture and colour;

2. powderREV® which is used for the bulk dehydration of food cultures, probiotics and fine biochemicals such as enzymes below the freezing point, and

3. quantaREV® which is used for continuous, high–volume low–temperature drying.

An additional platform, freezeREV®, is being developed as a new method to stabilize and dehydrate biopharmaceuticals such as vaccines and antibodies. More information about EnWave is available at www.enwave.net.

EnWave Corporation
Dr. Tim Durance
President & CEO

Safe Harbour for Forward–Looking Information Statements: This press release may contain forward–looking information based on management's expectations, estimates and projections. All statements that address expectations or projections about the future, including statements about the Company's strategy for growth, product development, market position, expected expenditures, and the expected synergies following the closing are forward–looking statements. All third party claims referred to in this release are not guaranteed to be accurate. All third party references to market information in this release are not guaranteed to be accurate as the Company did not conduct the original primary research. These statements are not a guarantee of future performance and involve a number of risks, uncertainties and assumptions. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward–looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.