Day: July 1, 2022

Posted on

Alaska Structures, Inc. Announces Company Renaming and Restructuring

A New Corporate Structure to Support Growth Strategy and Expand Individual Brands

KIRKLAND, Wash., July 01, 2022 (GLOBE NEWSWIRE) — Alaska Structures, Inc. (Alaska) is pleased to announce that, following the recent tremendous expansion of its product lines and its successful consolidation with WeatherPort Shelter Systems, the company is implementing a strategic renaming and restructuring program that reflects its continued growth and expanded product offerings. Effective July 1, 2022, Alaska will be renamed “AKS Industries, Inc.” and will serve as a parent corporation holding all its existing product lines under three new corporate divisions: Alaska Defense™, Alaska Structures®, and BLU-MED Response Systems®.

The timing of the renaming and restructuring program coincides with the expansion of Alaska Defense’s hard-wall container-based product lines, as well as a significant milestone in the company’s history. Alaska is known for providing the world’s most popular and widely used soft-wall shelter systems, with more than 65,000 shelter systems successfully deployed in 85-plus countries. Now, with nearly 400,000 square feet of manufacturing space in the USA, AKS Industries™ has grown to become the most efficient and largest manufacturer of its kind. In addition to manufacturing the highest-quality fabric buildings made anywhere in the world, AKS Industries now has the in-house capability to manufacture heavy-duty cargo trailers, expeditionary light towers, and modular container systems.

“This is an exciting development for AKS Industries and our customers. We now offer the option of both soft- and hard-wall building solutions. Bringing this capability in-house allows us to expand our product offerings and create containerized buildings that deliver the same rugged durability our customers expect, but also seamlessly integrate with our well-known plug-and-play capabilities,” stated COO Gerrit Boyle.

Under the new structure, the company’s three divisions will be as follows:

Alaska Defense™ — Formerly the Military Division of Alaska Structures, Alaska Defense will remain focused on providing rapidly deployable military shelter systems and military base camps while expanding its new lines of containerized facilities, including containerized shower/latrine systems to support military base camps. Alaska Defense will continue to support the rapid expansion of forces and enhance mission readiness with energy-efficient and scalable solutions that offer unmatched setup and strike capability for expeditionary or enduring deployments anywhere in the world.

For more information, please visit www.alaskadefense.com.

Alaska Structures® — Formerly Alaska’s commercial division, the Alaska Structures division of AKS Industries™ will continue to manufacture commercial fabric buildings and remote camp systems used by mining, construction, oil and gas, and manufacturing companies worldwide while expanding its consumer- and recreational-focused WeatherPort® product lines. Engineered fabric buildings from Alaska Structures meet area-specific wind and snow loads for safety, drastically reduce construction schedules, are easily relocated, and offer long-lasting durability in extremely hot, humid, and cold climates.

For more information about Alaska Structures’ commercial product lines, please visit www.alaskastructures.com.

For more information about Alaska Structures’ WeatherPort product lines, please visit www.weatherport.com.

BLU-MED Response Systems® (BLU-MED®) — BLU-MED® will continue as the mobile medical facilities division of AKS Industries to supply government agencies (of all levels), response organizations, and first responders with medical facilities and mobile field hospitals to respond quickly to medical emergencies, disasters, hospital surge events, disease outbreaks (like Ebola, COVID-19, flu, etc.) and world conflicts “…when and where needed.” ®

For more information, please visit www.blu-med.com.

Point of Contact:
William Hansen
AKS Industries, Inc.
inquiry@aks.com

This content was issued through the press release distribution service at Newswire.com.

Posted on

ETC Announces Notice of Annual Meeting of Shareholders

SOUTHAMPTON, Pa., July 01, 2022 (GLOBE NEWSWIRE) — Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today announces that the Annual Meeting of Shareholders (“Annual Meeting”) will be held virtually via Zoom on Thursday, August 4, 2022 at 10:00 a.m. for the following purposes:

  1. To elect five (5) Directors to serve on the Board of Directors until ETC’s 2023 Annual Meeting of Shareholders and until their successors are elected.
  2. To ratify the appointment of RSM US LLP as the independent registered public accounting firm for ETC for the fiscal year ending February 24, 2023.
  3. To transact such other business as may properly come before the meeting and any adjournment of the meeting.

ETC will be convening the meeting from our Corporate Headquarters via Zoom. If you would like to have the Zoom link emailed for access to the meeting, please email Andrea Morton at amorton@etcusa.com. Links will be emailed within twenty-four (24) hours of the meeting time.

The Board of Directors has fixed the close of business on June 23, 2022 as the Record Date for the determination of shareholders entitled to notice of and to vote at the Annual Meeting. Materials for the Annual Meeting were made available on or about June 30, 2022 to registered shareholders as of the Record Date. Such materials are also available within the Investors section of ETC’s website at https://www.etcusa.com/investors/ shareholder-information/annual-meetingshareholders-materials/.

You can vote your shares by emailing your position on each of the above items to voting@etcusa.com. If you are unable to attend the Annual Meeting, it is still important that your shares be represented. Please vote your shares promptly.

______________

About ETC:

ETC designs, manufactures, and sells software driven products and services used to recreate and monitor the physiological effects of motion on humans, and equipment to control, modify, simulate and measure environmental conditions. Our products include aircrew training systems (aeromedical, tactical combat, and general), disaster management systems, sterilizers (steam and gas), environmental testing and simulation systems, and other products that involve similar manufacturing techniques and engineering technologies. ETC’s unique ability to offer complete systems, designed and produced to high technical standards, sets it apart from its competition. ETC is headquartered in Southampton, PA. For more information about ETC, visit http://www.etcusa.com/.

Forward-looking Statements

This news release contains forward-looking statements, which are based on management’s expectations and are subject to uncertainties and changes in circumstances. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements, and these statements may include words such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “future”, “predict”, “potential”, “intend”, or “continue”, and similar expressions. We base our forward-looking statements on our current expectations and projections about future events or future financial performance. Our forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about ETC and its subsidiaries that may cause actual results to be materially different from any future results implied by these forward-looking statements. We caution you not to place undue reliance on these forward-looking statements.

Contact:      Joseph F. Verbitski, Jr., Chief Financial Officer
Phone:        (215) 355-9100 x1531
E-mail:        jverbitski@etcusa.com

Posted on

Soba Launches Alpha and Raises Seed Round From Lightspeed, FTX and Cherry

Soba launches Alpha open-world gaming platform where anyone can create games on any device through no-code tools. Soba is built on web3 and focuses on creating the best environment for creators.

Welcome to Soba

Welcome to Soba

BERLIN, July 01, 2022 (GLOBE NEWSWIRE) — Soba launches Alpha open-world gaming platform where anyone can create games on any device through no-code tools. Soba is built on web3 and focuses on creating the best environment for creators.

Additionally, Soba announced that it has raised $13.6 million in seed financing led by Lightspeed Venture Partners with participation from FTX Ventures.

Cherry Ventures, Point Nine Capital and TQ Ventures in addition to creators like Matthew “Nadeshot” Haag, Jack “CouRage” Dunlop, Tim “ClashwithAsh” Evans, Alvaro “Alvaro845” González de Buitrago, have also taken part in the financing round.

Soba’s vision is to build the most inclusive virtual world, where anyone can express their ultimate creativity through game creation.

You can access the full press release here and the media kit here.

For further questions, you can contact Soba’s head of marketing, Irina Nikolovska – irina.nikolovska@crew.gg

Related Images

Image 1: Welcome to Soba

This content was issued through the press release distribution service at Newswire.com.

Attachment


Copyright © 2022 GlobeNewswire, Inc.

Posted on

West Java Governor invites residents to plant mangroves

Governor of West Java, M. Ridwan Kamil, has invited residents to participate in a mangrove seed planting movement launched by the provincial government on the northern coast of West Java.

“The impact of global warming has arrived in West Java, which is turning land to sea,” he said in a press statement released on Friday.

“Because of this, the mangrove planting movement in the north of West Java must be massive,” he added.

During a mangrove seed planting event held to commemorate World Environment Day at Pondok Bali Beach, Subang, on Thursday, the Governor informed that hundreds of hectares of land on West Java’s northern coast has been inundated by seawater.

Seawater has submerged 192 hectares of land around Pondok Bali Beach and around 400 hectares of land on Bekasi’s coast due to a variety of factors, including development projects and global warming.

Therefore, the West Java provincial government is conducting a mangrove seed planting movement to protect the land along the coastal area from abrasion, he said.

“If the length of the beach is around 300–400 km, we will map out which areas are urgent to be planted with mangrove,” he added.

In comparison to West Java’s southern coastal area, which has steep land contours, West Java’s northern coast has lower-lying land, allowing seawater to enter more easily, he explained.

“The southern (coast) has steep land, which will not trigger land loss. Hence, the planting of millions of mangroves is focused on the north,” Kamil said.

Large-scale mangrove planting on the entire northern coast of West Java is expected to curb potential loss of land due to abrasion, the Governor added.

“Let us hope that it can reduce land loss within several years in the future,” he remarked.

 

Source: Antara News

Posted on

BPS records inflation of 0.61 percent in June 2022

Statistics Indonesia (BPS) recorded that inflation in June 2022 increased by 0.61 percent month-on-month (mom), as was reflected in the increase in the Consumer Price Index (CPI), from 110.42 to 111.09.

BPS Head Margo Yuwono noted in a press conference here on Thursday that red chili, labuyo chili (Capsicum frutescens), shallots, and broiler chicken eggs were the main commodities causing inflation in June 2022.

Meanwhile, the year-on-year (yoy) inflation reached 4.35 percent.

Furthermore, Yuwono stated that out of the 90 cities whose CPI was observed in June 2022, some 85 cities experienced inflation, while the rest recorded a deflation.

The highest inflation, reaching 2.72 percent, was recorded in Gunungsitoli City, North Sumatra Province.

Red chilli contributed 1.42 percent to the inflation in the city, while labuyo chili and shallot contributed 0.28 percent and 0.27 percent respectively.

“Meanwhile, in July 2022, the government will increase the electricity tariffs. It may have the potential to raise the inflation rate in July. We will find out the amount during the next month’s (press) release,” the head of BPS remarked.

Volatile prices are the biggest contributor to the inflation, with a contribution of 0.44-percent mom, due to the rising prices of red chili, labuyo chili, and shallot.

The second-highest contributor to the inflation was the core component — due to the increase in wages for  domestic helpers, powder and liquid detergent, as well as house rental fee — which contributed 0.12 percent.

Meanwhile, the price component regulated by the government contributed 0.05 percent to the inflation due to the rise in tariff for airlines and cigarettes.

On the same occasion, he also noted that the number of tourists visiting Indonesia in May 2022 jumped 1,382.45 percent yoy to reach 212.33 thousand visits, a record clocked since the start of the pandemic in 2020.

 

 

Source: Antara News

Posted on

BNI wins 1st Overall in E-Banking, 1st in Phone Banking

State-run lender PT Bank Negara Indonesia (BNI) won accolades at the 19th Banking Service Excellence Awards 2022 by ranking 1st Overall in E-Banking and 1st in Phone Banking in the national banking industry.

The awards were handed over to BNI, as it was considered to be the most successful in shifting from conventional to digital services and making a giant leap forward in the development of e-banking networks.

“BNI will continue to maximize front-end services with the support of reliable IT infrastructure. BNI also continues to expand synergies with various ecosystems to increase the interest and loyalty of the Indonesian people in (conducting) transactions,” BNI Director of Services and Networks Ronny Venir stated here on Friday.

Venir remarked that BNI is proactive in increasing service capacity and capabilities in developing digital solutions for customers.

“Customer satisfaction is BNI’s passion to always provide the best service, always be present in the customers’ life with features, convenience, and many value-added financial solutions. BNI is ready to jump higher,” he stated.

According to Venir, customers can enjoy e-banking services via the BNI Mobile Banking Super App Ecosystem.

“We are also proud that BNI Mobile Banking is also ranked 1st in the Mobile Banking Application on the Google Play Store,” Venir stated.

BNI has established partnerships with more than four thousand Application Programming Interface (API) partners, with a total of 443 services.

BNI API Open Banking is one of BNI’s champion digital service products in addition to BNI Mobile Banking, BNI Direct, and BNI Xpora.

In providing financial services in remote areas, BNI continuously enhances the branchless banking services or BNI Agen46 agents.

“The number of bank agents has reached more than 150 thousand to help reach the segment of society that has not been served by formal financial institutions. The transaction value of BNIAgen46 has reached Rp18.6 trillion,” Venir explained.

 

Source: Antara News

Posted on

Dairy farmers most affected by foot-and-mouth disease: Kadin

The Indonesian Chamber of Commerce and Industry (Kadin) has said that dairy farmers have been the most affected by the foot-and-mouth disease (FMD) outbreak because it greatly affects livestock health and milk production.

FMD-infected dairy cows experience a drastic decrease in milk production, or even stop producing milk, deputy chairman of the permanent commission for livestock at Kadin, Yudi Guntara Noor, explained at a webinar on FMD, which was organized by the Center for Agricultural Food Studies and Advocacy (Pataka) here on Friday.

In addition, dairy cows infected with FMD are unable to stand because of the illness.

According to Noor, dairy cows that contract FMD are mostly slaughtered because they stop producing milk.

Based on data from the Association of Indonesian Dairy Cooperatives (GKSI), cow milk production has decreased by 30–40 percent since the FMD broke out in Indonesia.

FMD data reported on the government’s official website, siagapmk.id, is smaller than the actual data in the field, Noor revealed.

For example, GKSI data has shown that as of June 22, 2022, at least 1,601 dairy cows have died due to FMD and 2,852 heads of cattle have been slaughtered in East Java, Central Java, and West Java, he informed.

Meanwhile, data from the Ministry of Agriculture as of June 22 has shown that nationally, 1,499 heads of cattle have died due to FMD and 2,460 have been slaughtered.

The difference in data occurred because not all livestock suspected of FMD infection were reported to the government by the farmers, he said.

Noor noted that the current situation of FMD is similar to the situation at the beginning of the COVID-19 pandemic in Indonesia, when detecting positive cases took a long time.

As part of the effort to curb the spread of FMD in Indonesia, the Ministry of Agriculture rolled out its FMD vaccination program for livestock from Sidoarjo district, East Java, on June 14.

Vaccine doses are being prioritized for healthy animals that are at high risk of infection, such as animals at livestock breeding centers, community-owned dairy farms, dairy cooperatives, and beef cattle farms.

 

Source: Antara News

Posted on

Govt will continue to encourage students to turn entrepreneurs

The government will continue to encourage university students, and youngsters in general, to take up entrepreneurship so that the number of entrepreneurs in the country rises, Coordinating Minister for Economic Affairs, Airlangga Hartarto, has affirmed.

In an official statement released on Friday, he said he expects that intellectuals and university students can combine knowledge and skills to exploit business opportunities so that the number of entrepreneurs from universities can increase.

“For university students who wish to become entrepreneurs, the government has prepared various integrated financing schemes,” he informed.

“For beginner businessmen who have just founded a micro and small business, there are several other programs such as Super Micro KUR (People’s Business Credit), Regular KUR, and financing with commercial credit,” he added.

Moreover, collaboration between universities and the government should also be carried out in supporting the financial inclusion program, Hartarto said.

“I expect that universities can also bolster their role to not just become a place for learning, but also to encourage financial literacy among students, which certainly will become knowledge for entrepreneurship,” he remarked.

In addition, the minister also noted that the government is committed to supporting youngsters through various skill-building programs.

“The government’s support for digital skills development exists from the basic to advanced level,” he informed.

“These program supports include Pre-Employment Card, Digital Literacy National Movement, Digital Talent Scholarship, Digital Leadership Academy, and Sea Labs Academy,” he added.

This is being done to support the productive age population, which has reached more than 191 million and the majority of which belongs to Generation Z and millennial demographics.

It is also expected to optimize digitalization opportunities in various sectors.

Digital skill development is estimated to contribute Rp4,434 trillion to the GDP in 2030.

This will be a major opportunity for Indonesia’s economy and must be utilized as best as possible, Hartarto said.

Digital talents are also required to boost the number of entrepreneurs in Indonesia, he added.

 

Source: Antara News

Proudly powered by WordPress