Daily Archives: November 6, 2019

GT Advanced Technologies Achieves ISO-9001:2015 Certification

Key Production and Quality Milestones in Less than a Year

GTAT ISO Certification

GTAT achieves ISO Certification for the design and manufacture of silicon carbide products.

 

HUDSON, N.H., Nov. 06, 2019 (GLOBE NEWSWIRE) — GTAT Corporation, d/b/a GT Advanced Technologies (GTAT), is proud to announce that it has achieved ISO-9001:2015 certification through auditors TÜV Rheinland of North America, a globally renowned third-party testing, inspection and certification company. GTAT produces silicon carbide materials at its primary facility in Hudson, New Hampshire.

“Obtaining ISO Certification is one of many milestones that we have been able to achieve very rapidly,” said GTAT’s CEO Greg Knight. “In less than a year, we equipped our facility, reached volume production, and achieved ISO certification. I cannot think of any other company in our industry that has been able to accomplish these milestones faster.”

Silicon carbide is the preferred substrate material for power electronics semiconductors used in applications such as electric vehicles and others. GTAT’s CrystX™ silicon carbide is sold to industry partners who produce sliced and polished wafers. Since silicon carbide outperforms silicon for these applications, demand for it is exceptionally high.

GTAT’s rapid growth as an ISO-certified producer of silicon carbide reflects accelerating demand coming from makers of power-electronics semiconductors. “Our focus has been to rapidly scale production and achieve the necessary quality certifications so that growing markets can take advantage of what we produce,” said Knight. In August, GTAT signed a long-term supply agreement with Taiwan-based GlobalWafers Co. (GWC) for its CrystX™ silicon carbide.

ABOUT GTAT

GT Advanced Technologies is a diversified technology company with crystalline growth expertise in silicon carbide and sapphire.  These important, high-demand materials deliver sustained performance and value across expanding global markets.  The Company focuses on increasing supply of these materials while driving cost down, which helps accelerate the adoption of products such as electric vehicles, power electronics, aerospace optics, and the emerging 5G telecom infrastructure. For more information about the company, please visit www.gtat.com.

Contact
info@gtat.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0a0d16c1-6712-4a4c-b54a-08417ba2ae6b

Virtusa Named a Major Contender and Star Performer by Everest Group in Life Sciences Digital Services PEAK Matrix™

SOUTHBOROUGH, Mass., Nov. 06, 2019 (GLOBE NEWSWIRE) — Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital strategy, digital engineering, and IT services and solutions that help clients change and disrupt markets through innovation engineering, announced it was named a Major Contender in the 2019 Life Sciences Digital Services PEAK Matrix™ by Everest Group. Virtusa was also named a Star Performer based on demonstrating the most improvement over time among the 23 IT service organizations assessed.

Virtusa’s position was evaluated on two fronts: market impact that includes market adoption, portfolio mix, and value delivered; and vision and capability that includes vision and strategy, scope of services offered, innovation and investments, and delivery footprint.

“Virtusa’s Life Sciences practice harnesses our intense industry expertise and digital innovation engineering to ultimately improve patient outcomes and lower costs,” said Anthony Lange, SVP, Life Sciences, Virtusa. “With our vLife™ Platform, researchers can combine multiple data sources with pre-built APIs, AI, and machine learning models to uncover hidden trends that can lead to new treatment strategies and cures for a range of illnesses.”

Virtusa’s vLife™ Platform is a cloud-based, data-driven platform that accelerates the pace of innovation and streamlines operations in the life sciences industry. It includes a large clinical data lake with APIs, microservices, pre-built AI and machine learning models, visualization, and predictive tools available for client subscription. The data includes over one billion rows of public, synthetic, or acquired data from electronic health records, claims, clinical trials, government agencies, human genomes, and images. vLife™ also includes pre-built solutions and device simulators for deep analyses and predictions to map patient journeys and disease progression.

Virtusa recently announced a collaboration that uses AI and machine learning techniques to advance medical research. The research will leverage the vLife™ Platform and initially focus on finding the best treatment and management strategies for subarachnoid hemorrhage and diabetes based on health care data and computer simulations.

Other areas Virtusa supports its clients through digital services innovation in the life sciences industry include:

  • Simulated electronic health record datasets used by researchers to improve the health of patients with diabetes, metabolic disease, and poor nutrition.
  • IoT data aggregation and analytics platform integration into a wearable SmartBelt for real-time monitoring of worker safety and productivity data.
  • AI-enabled, hand-held ultrasound emergency diagnostics device designed to remotely diagnose and administer telemedicine solutions to remote points, including ambulances, battlefields, and medical facilities, across the world.
  • Microservices-based specimen tracking application engineered to digitally track specimens dispatched from the operating room to the laboratory.

To learn more about Virtusa and Life Sciences, please visit: virtusa.com/industry/life-sciences/

About Virtusa Corporation
Virtusa Corporation (NASDAQ GS: VRTU) is a global provider of digital business strategy, digital engineering, and information technology (IT) services and solutions that help clients change, disrupt, and unlock new value through innovation engineering. Virtusa serves Global 2000 companies in Banking, Financial Services, Insurance, Healthcare, Communications, Media, Entertainment, Travel, Manufacturing, and Technology industries.

Virtusa helps clients grow their business with innovative products and services that create operational efficiency using digital labor, future-proof operational and IT platforms, and rationalization and modernization of IT applications infrastructure. This is achieved through a unique approach blending deep contextual expertise, empowered agile teams, and measurably better engineering to create holistic solutions that drive business forward at unparalleled velocity enabled by a culture of cooperative disruption.

© 2019 Virtusa Corporation. All rights reserved.

Virtusa is a registered trademark of Virtusa Corporation. All other company and brand names may be trademarks or service marks of their respective holders.

Contact:
Ron Favali
Conversion Marketing
ron@conversionam.com
727-512-4490

Oil-Dri Adds Second Research Facility to Accelerate Innovation

Oil-Dri Adds Second Research Facility to Accelerate Innovation

New lab is an investment in microbiological research to support growing markets

New lab is an investment in microbiological research to support growing markets

CHICAGO, Nov. 06, 2019 (GLOBE NEWSWIRE) — Oil-Dri Corporation of America (NYSE: ODC), leading producer and marketer of sorbent mineral technology, announces the opening of an additional research facility to support its expansion into Life Sciences research.

The Richard M. Jaffee Center for Applied Microbiology is located within walking distance from the company’s Nick Jaffee Center for Innovation in Vernon Hills, Illinois. The proximity will allow for continued collaboration between Oil-Dri’s Materials Sciences and Life Sciences teams. A showcase for both research and customer education, the 6,000 square foot facility houses Oil-Dri’s Life Sciences team and a state-of-the-art Biosafety Level-1 and 2 laboratory space.

In 2017, Oil-Dri opened its first microbiology lab within its Innovation Center. It was named for Richard M. Jaffee, former company chairman, in honor of his leadership, innovative spirit and passion for research and medicine. Over the past two years, the Life Sciences team has had tremendous success and quickly identified the need for further investment.

“Dr. Hongyu Xue and the Life Sciences team has tapped into the next generation of Oil-Dri’s new product development, harnessing the synergy between our unique mineral and microorganisms,” says Daniel Jaffee, President and CEO. “With this new laboratory, we are poised to bring new ideas and products to the agricultural marketplace like never before.”

The biosafety Level-2 designation permits the study of the unique interaction between functional microbes used in crop protection and our sorbent minerals. “Recent and developing innovations in our business include the engineering of granular carriers to act as hosts for microorganisms including bacteria and fungi. These solutions help our partners in crop science formulations bring biological alternatives to the pesticide market,” says Yasmith Bernal, Vice President of Oil-Dri’s Agricultural division.

The company will also utilize the Richard M. Jaffee Center for Applied Microbiology for developing intestinal health solutions to managing disease in livestock and odor control in the cat litter box.

About Oil-Dri Corporation of America:
Oil-Dri is a leading manufacturer and supplier of high-quality sorbent products for Pet Care, Animal Health, Fluids Purification, Agricultural Ingredients, Industrial & Automotive, and Sports Fields markets. Oil-Dri is vertically integrated, which enables the company to efficiently oversee every step of the process from research and development to supply chain to marketing and sales. With more than 75 years of experience, the company continues to fulfill its mission to Create Value from Sorbent Minerals. For more information, please visit www.oildri.com.

Reagan B. Culbertson
Media Contact
press@oildri.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/80de874d-fbbb-41a6-a4db-13bfd90a09f4

Oil-Dri Adds Second Research Facility to Accelerate Innovation

Oil-Dri Adds Second Research Facility to Accelerate Innovation

New lab is an investment in microbiological research to support growing markets

New lab is an investment in microbiological research to support growing markets

CHICAGO, Nov. 06, 2019 (GLOBE NEWSWIRE) — Oil-Dri Corporation of America (NYSE: ODC), leading producer and marketer of sorbent mineral technology, announces the opening of an additional research facility to support its expansion into Life Sciences research.

The Richard M. Jaffee Center for Applied Microbiology is located within walking distance from the company’s Nick Jaffee Center for Innovation in Vernon Hills, Illinois. The proximity will allow for continued collaboration between Oil-Dri’s Materials Sciences and Life Sciences teams. A showcase for both research and customer education, the 6,000 square foot facility houses Oil-Dri’s Life Sciences team and a state-of-the-art Biosafety Level-1 and 2 laboratory space.

In 2017, Oil-Dri opened its first microbiology lab within its Innovation Center. It was named for Richard M. Jaffee, former company chairman, in honor of his leadership, innovative spirit and passion for research and medicine. Over the past two years, the Life Sciences team has had tremendous success and quickly identified the need for further investment.

“Dr. Hongyu Xue and the Life Sciences team has tapped into the next generation of Oil-Dri’s new product development, harnessing the synergy between our unique mineral and microorganisms,” says Daniel Jaffee, President and CEO. “With this new laboratory, we are poised to bring new ideas and products to the agricultural marketplace like never before.”

The biosafety Level-2 designation permits the study of the unique interaction between functional microbes used in crop protection and our sorbent minerals. “Recent and developing innovations in our business include the engineering of granular carriers to act as hosts for microorganisms including bacteria and fungi. These solutions help our partners in crop science formulations bring biological alternatives to the pesticide market,” says Yasmith Bernal, Vice President of Oil-Dri’s Agricultural division.

The company will also utilize the Richard M. Jaffee Center for Applied Microbiology for developing intestinal health solutions to managing disease in livestock and odor control in the cat litter box.

About Oil-Dri Corporation of America:
Oil-Dri is a leading manufacturer and supplier of high-quality sorbent products for Pet Care, Animal Health, Fluids Purification, Agricultural Ingredients, Industrial & Automotive, and Sports Fields markets. Oil-Dri is vertically integrated, which enables the company to efficiently oversee every step of the process from research and development to supply chain to marketing and sales. With more than 75 years of experience, the company continues to fulfill its mission to Create Value from Sorbent Minerals. For more information, please visit www.oildri.com.

Reagan B. Culbertson
Media Contact
press@oildri.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/80de874d-fbbb-41a6-a4db-13bfd90a09f4

CNH Industrial Announces Senior Leadership Changes

London, November 6, 2019

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces the following two leadership changes:

Carl Gustaf Göransson is stepping down as President Construction, and will be replaced by Stefano Pampalone. Mr. Pampalone has over 20 years’ career experience in CNH Industrial, with a track record of profitable growth across the Company’s international business activities. He retains his current role as General Manager High Growth Markets Asia, Middle East and Africa, and continues to serve on the Global Executive Committee (GEC), which is the highest executive decision-making body within CNH Industrial outside of its Board of Directors.

“I would like to thank Carl Gustaf for his commitment and leadership of CNH Industrial’s Construction Equipment segment and wish him well for his future. I look forward to working with Stefano Pampalone as we continue to earn the right to grow for this important segment,” said Hubertus Mühlhäuser, Chief Executive Officer, CNH Industrial.

Alan Berger, Chief Technology Officer, CNH Industrial, has elected to leave the Company, and will be replaced by Jayanthi (Jay) Iyengar. She joins CNH Industrial as the Chief Technology Officer (CTO), with a wealth of experience in relevant technology fields, most recently at Xylem Inc., where she served as Senior Vice President, Chief Innovation and Technology Officer, Eaton Aerospace, Fiat Chrysler Automobiles and General Motors. As CTO, Ms. Iyengar will be a member of the GEC.

“I would like to thank Alan for his expertise and leadership of CNH Industrial’s technology activities and wish him well for his future. I am delighted to welcome Jay Iyengar, recognizing the insights she will bring to the development of our innovation and technology roadmap, as well as her deep experience in the important Indian market,” said Hubertus Mühlhäuser.

CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions. More information can be found on the corporate website: www.cnhindustrial.com

Contacts:

Corporate Communications

Email: mediarelations@cnhind.com

Investor Relations

Email: investor.relations@cnhind.com

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