Mediaboss Marketing

DGAP-News: QSC AG / Key word(s): Acquisition QSC AG takes over encryption specialist FTAPI

24.02.2014 / 11:24

=--------------------------------------------------------------------

QSC AG takes over encryption specialist FTAPI

Cologne, February 24, 2014. QSC AG, the leading ICT provider for medium-sized businesses in Germany, takes over 51 per cent of the shares in the Munich based FTAPI Software GmbH, a company specializing in encrypted data exchange between business customers.

The start-up was founded in 2010 and offers a range of products around high-security transfer and storage of confidential company data. With FTAPI, files can be transferred and stored at different security levels, from an SSL download link to an end-to-end encryption. The features can easily be integrated in existing CRM and ERP systems like SAP and Salesforce as well as in e-mail solutions like Outlook. The particularity: The encryption is very easy to handle, it works also with large data volumes in the gigabyte range and is available as a local software solution as well as a cloud service. Furthermore, FTAPI has developed branch-specific solutions, for example for transport, manufacturing, trade, media and finance.

With the acquisition of the security specialist QSC intensifies as planned the in-house development of innovative cloud-based services. At the same time FTAPI benefits from QSC's high-security data centres, the efficient distribution channels and the client base of over 30,000 business customers.

"Since the latest NSA spying scandal the security issue has become very important. FTAPI's own software development and their contemporary products are totally in line with this topic", says Juergen Hermann Chief Executive Officer of the QSC AG, stating a reason for the acquisition and emphasizes: "This is only the beginning. We want to keep providing companies and creative minds the opportunity to continue to develop their innovative products and to market them efficiently. This is part of our ICT strategy."

The total market for IT security in Germany has been growing steadily for a long time with growth rates of five per cent a year. QSC projects the submarket for IT security software relevant for FTAPI at currently 800 million euros with an annual growth of at least 10 per cent a year.

The company FTAPI GmbH already has renowned businesses among their customers such as Hochland Group, MAN Roland and SSI Schaefer. The two company founders and managing directors, Stephan Niedermeier and Daniel Niesler, will remain shareholders and continue to develop FTAPI for QSC in the years to come. They emphasize: "For us, QSC is the ideal partner. As far as we are concerned, there is no German company apart from QSC with a comparably high innovation speed which will influence the ICT market in such a significant way in the years to come."

Original post:
PRESS RELEASE: QSC AG takes over encryption specialist FTAPI

DGAP-News: SolarWorld AG / Key word(s): Capital Reorganisation/Miscellaneous SolarWorld AG successfully closes financial restructuring

24.02.2014 / 11:56

=--------------------------------------------------------------------

With the entry of the implementation of the swap capital increase against contributions in kind in the Commercial Register of the Bonn District Court, the financial restructuring of SolarWorld AG was closed today as planned. After a year, therefore, SolarWorld AG has successfully completed its financial restructuring, a necessary undertaking in light of crisis in the solar industry.

Through the financial restructuring, the SolarWorld Group was able to reduce its financial liabilities by 57 percent. The remaining financial liabilities total EUR 427 million. A part of these were converted into two new secured bonds with terms of five years.

The new shares and bonds shall be admitted to the Regulated Market on the Dsseldorf Stock Exchange and/or the Frankfurt Stock Exchange on Feb. 26, 2014. Listing at the stock exchanges of both the new shares and bonds is expected to take place on March 5, 2014.

Futhermore, SolarWorld has gained a strategic investor, Qatar Solar Technologies (QSTec). "The investment of Qatar Solar in SolarWorld will positively accelerate the advancement of the integrated development of Qatar Solar Industry locally and internationally," said Dr. Khalid Klefeekh Al Hajri, Chairman and Chief Executive Officer of Qatar Solar Technologies (QSTec) at a visit to the production site of Bosch Solar Energy AG in Arnstadt, Thuringia (Germany). SolarWorld will take over cell and module production at this location soon.

"We are now back on a firm financial footing," stated Dipl.-Kfm. tech. Philipp Koecke, Chief Financial Officer of SolarWorld AG, upon completion of the restructuring measures.

In parallel to the financial restructuring, the group has pressed ahead with a comprehensive program to reduce costs and increase efficiency, which is already taking effect. "We have done our homework and in this way created favorable conditions to continue our business successfully and return to profitability in 2015," said Dr.-Ing. E. h. Frank Asbeck, Chief Executive Officer of SolarWorld AG. "A decisive factor will be success with our customers. We have consistently increased the quality and performance of our products during the industry crisis. SolarWorld has remained true to itself and its standards. We supply an all-round valuable product, setting us apart from the competition. This is the path for us to follow in the future," said Asbeck.

About SolarWorld AG: SolarWorld AG manufactures solar power systems and in doing so contributes to a cleaner energy supply worldwide. The company, located in Bonn, employs approximately 2,400 people and carries out production in Freiberg, Germany, and Hillsboro, USA. From raw material silicon to the solar module, SolarWorld manages all stages of production ? including its own research and development. Through an international distribution network, SolarWorld supplies customers all over the world with solar modules and complete systems. The company maintains high social standards at all locations across the globe, and has committed itself to resource- and energy-efficient production. SolarWorld has been publically traded on the stock market since 1999. More information at http://www.solarworld.de/en Contact: SolarWorld AG Martin-Luther-King-Str. 24 53175 Bonn/Germany Tel.: +49 (0) 228/55920-409 E-Mail: presse@solarworld.de Internet: http://www.solarworld.de

Link:
PRESS RELEASE: SolarWorld AG successfully closes financial restructuring

PRESS RELEASE: CASSONA SE: CASSONA's oil property contains about 50.8 million barrel light oil and about 102.6 million barrel heavy oil

DGAP-News: CASSONA SE / Key word(s): Drilling Result CASSONA SE: CASSONA's oil property contains about 50.8 million barrel light oil and about 102.6 million barrel heavy oil

25.02.2014 / 08:33

=--------------------------------------------------------------------

CASSONA distributes the results of the expert's opinion: On the oil property of CASSONA in Alberta about 50.8 million barrel light oil and additionally 102.6 million barrel heavy oil are proven.

Frankfurt (25 February 2014) - CASSONA SE (COE) informs that according to the expert's opinion, which has been commissioned in early January, on the oil property a quantity of 50.8 million barrel light oil and 102.6 million barrel heavy oil OOIP have been proven.

The expert's report states that by primary, secondary and enhanced exploration technologies in total up to 65% of the light oil and 50% of the heavy oil are recoverable. The proven light oil deposits are resources of a soil layer, which in the area of Red Earth in the Province of Alberta in Canada is called Slave Point Formation.

Since a couple of years for the efficient production of light oil locally an efficient and approved technology is applied. The experts propose a successive development of the entire oil property in so called pads of up to 4 drilling wells, which are supposed to be located close to each other to reduce the environmental impact caused by the movement of the drilling rigs. In Q1 2014 the experts expect for locally produced light oil to achieve sale prices of up to 95 dollar per barrel. CASSONA markets its first production volumes for about 80 dollar per barrel minus applicable taxes. The production of heavy oil from oil sands however requires a different production technology. In close proximity to the production well a steam injection well is placed to liquidate the oil deposits before pumping them to the surface.

'For our internal evaluation this expert's opinion has an outstanding importance', states the CEO of CASSONA Dr. Guido Quadri. 'This finally shows the amount of assets held by CASSONA. As a next step we are planning to develop the production of our light oil resources. The additionally existing reserves of heavy oil we consider rather as a joker.'

CASSONA is an investment corporation for targets of the business sectors natural resources, mining and infrastructure. CASSONA is a European corporation with domicile in Frankfurt Main. The shares are listed at the regulated market of GXG Markets and they are traded at the Open Market of Frankfurt Stock Exchange FWB and at Berlin Stock Exchange (ISIN DE000A1C6T63).

Here is the original post:
PRESS RELEASE: CASSONA SE: CASSONA's oil property contains about 50.8 million barrel light oil and about 102.6 million ...

PRESS RELEASE: PNE WIND AG receives approval for the UK wind farm project Tralorg

DGAP-News: PNE WIND AG / Key word(s): Miscellaneous PNE WIND AG receives approval for the UK wind farm project Tralorg

21.02.2014 / 14:47

=--------------------------------------------------------------------

Cuxhaven, 21st February 2014 - The wind farm project developer, PNE WIND AG has taken another important step in expanding its international activities; PNE WIND UK has received approval for the Tralorg wind farm near Girvin in South Ayrshire. In this wind farm, eight turbines can now be built with a nominal capacity of up to 20 MW. Additional UK wind farm projects with up to 94 MW with particular focus on Scotland are currently in the approval process.

"We are pleased that the efforts of our colleagues in Brighton and Edinburgh over the past few years is now paying off with the receipt of this permit, which marks one of the first major operational successes in the progress of our UK wind farm projects developed by us," said Markus Lesser Chief Operational Officer (COO) at PNE WIND AG.

Martin Billhardt, CEO of PNE WIND AG adds, "The PNE WIND Group operates in 14 countries and after investing in the expansion of our international project pipeline, we are now able to report our first successes in Scotland.'

The planning for the wind farm Tralorg started in 2010.

Company profile

With its headquarters in Cuxhaven, the PNE WIND - Group plans and realises wind farm projects on land (onshore) and on the high seas (offshore). In doing so, its core competence lies in the development, planning, financing, operation, sales and service of wind farms. To date, the PNE Wind Group has already developed wind farms with a total nominal output amounting to nearly 2,000 MW.

Read the rest here:
PRESS RELEASE: PNE WIND AG receives approval for the UK wind farm project Tralorg

site template Cherry - Responsive News and Magazine Theme Download
Download here: http://bit.ly/1dcPmIV Cherry Word press Theme Is Perfect For Personal Blogs Magazine Sites, And Portfolio. Cherry Looks Fun And Sophisticated ...

By: Commercial WordPress Templates

See the original post here:
site template Cherry - Responsive News and Magazine Theme Download - Video