Tech News

  • Social, Economic Benefits of Micro Irrigation Systems to help Global Market reach US$8.13 Mn by 2020 : Transparency Market Research

    Published: Tuesday, October 20, 2015 | By: GlobalNewswire

    Albany - NY, Oct. 20, 2015 (GLOBE NEWSWIRE) -- Growing need to conserve water and increase crop yield has fueled the global market for micro irrigation systems, according to a report published by Transparency Market Research. The report is titled "Micro Irrigation Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020" and is available for sale on the company website.As per figures revealed in the report, the global micro irrigation systems market stands to develop from US$2,852.1 million in 2013 to US$8,130.0 million by 2020, registering a strong CAGR of 16.2% during the forecast period. Factors such as government initiatives, economic and social advantages of micro irrigation systems, and rising adoption in emerging countries have also contributed to the growth of the global market. However, lack of expertise and high cost of managing micro irrigation systems is likely to curb the development of the market to an extent.

    Browse Market Research Report with ToC & Free  Analysis: http://www.transparencymarketresearch.com/micro-irrigation-systems-market.html

    Micro irrigation systems, by type, can be bifurcated into drip irrigation systems and sprinkler irrigation systems. Sprinkler irrigation systems are further segmented into center pivot sprinklers, traditional sprinklers, and lateral move sprinklers. Traditional sprinklers dominated the micro irrigation systems market in 2013 in terms of revenue. This segment was driven by the advantages they present such as easy portability, low initial costs, larger coverage area, and higher water efficiency.On the basis of crop type, the micro irrigation systems market is segmented into orchard crops, forage and turf grasses, plantation crops, field crops, and others such as herbs and ornamental crops.

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    Micro irrigation systems find applications in large gardens, household lawns, public parks, agriculture, sports grounds, and others such as nurseries and greenhouses. Agriculture was the largest application segment of the micro irrigation systems market by revenue in 2013. This segment is likely to retain its lead throughout the forecast period owing to increased need for high food productivity and frugal usage of water. Geographically, the global micro irrigation systems market is divided into North America, Asia Pacific, Europe, and Rest of the World. The growing adoption of the lateral move and center pivot sprinkler irrigation systems in Canada and the U.S. has driven North America to be the largest regional segment of the micro irrigation systems market. This region accounted for a 36.5% share of the global market in 2013 and is projected to develop at a strong CAGR of 15.6% from 2014 to 2020.

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    http://www.transparencymarketresearch.com/pressrelease/micro-irrigation-systems-market.htm

    The micro irrigation systems market is rather competitive and is presently dominated by large companies who occupy over 50% of the overall market. The prominent players operating in the global micro irrigation systems market include The Toro Company, Valmont Industries, Inc., Rain Bird Corporation, Netafim Ltd., Lindsay Corporation, Hunter Industries, Inc., Reinke Manufacturing Company, Inc., Jain Irrigation Systems Ltd., and T-L Irrigation Company. Each of these companies has been profiled in the research report on the basis of aspects such as company and financial overview, business strategies, and recent developments.

    Micro Irrigation Systems Market, by Type

    • Sprinkler Irrigation
    • Traditional Sprinklers
    • Center Pivot Sprinklers
    • Lateral Move Sprinklers
    • Drip irrigation Systems

    Micro Irrigation Systems Market, by Component Type

    • Sprinkler Irrigation
    • Tubing
    • Pumping Units
    • Fittings/Sprinkler Heads
    • Couplers
    • Others (Spans, Towers)
    • Drip Irrigation
    • Tubing
    • Backflow Preventers
    • Valves
    • Filters
    • Pressure Regulators

    Micro Irrigation Systems Market, by Crop Type

    • Plantation Crops
    • Orchard Crops
    • Field Crops
    • Forage and Turf Grasses
    • Others (Ornamental Crops and Herbs)
    • Micro Irrigation Systems Market, by Applications
    • Agriculture
    • Large gardens, Public parks and Household Lawns
    • Sport Grounds
    • Others (Greenhouses and Nurseries)

    Micro Irrigation Systems Market, by Geography

    • North America
    • Europe
    • Asia -Pacific
    • Rest of the World (RoW)

    Other Reports Published By Transparency Market Research:

    Agriculture and Farm Machinery Market

    http://www.transparencymarketresearch.com/agriculture-forestry-machinery.html

    Hydraulic Rubber Hose Market

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    Hydraulic Thermoplastic Hose and Couplings Market

    http://www.transparencymarketresearch.com/hydraulic-thermoplastic-hose-couplings-market.html

    Reciprocating Compressors Market

    http://www.transparencymarketresearch.com/china-reciprocating-compressors-market.html

    Browse All Other  Technology & Media Market Research Reports:

    http://www.transparencymarketresearch.com/technology-market-reports-8.html

    About Us

    Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

    TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

    CONTACT: Mr. Atil Chaudhari State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com

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  • mHealth Services Market Driven at 23.9% CAGR by Demand for Homecare : Transparency Market Research

    Published: Tuesday, October 20, 2015 | By: GlobalNewswire

    Albany - NY, Oct. 20, 2015 (GLOBE NEWSWIRE) -- Transparency Market Research's new market study "mHealth Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020" is an in-depth analysis of the global mHealth market, aided by detailed analysis of key regional markets and expert projections regarding the course of the market for the forecast period. Displaying an explosive 23.9% CAGR from 2014 to 2020, the global mHealth market is expected to be highly promising in the coming years. If the figures hold true, the mHealth market will be valued at US$23.39 billion by 2020, increasing from US$5.79 billion in 2013.Excessive penetration of smartphones globally, the availability of high-speed telecommunication networks, and increasing awareness about the advantages of mHealth services are key factors leading the market to an escalating growth trajectory.Additionally, increasing prevalence of chronic diseases and need for affordable healthcare services for the masses is boosting demand for mHealth services. Inadequate presence of conventional brick and mortar healthcare centers to fulfill the healthcare needs of the population worldwide is driving demand for mHealth services.

    Browse Market Research Report with ToC & Free  Analysis:

    http://www.transparencymarketresearch.com/mobile-health-market.html

    The global mHealth market benefits primarily from a combination of rising awareness about the benefits of mHealth services and rising ubiquity of 3G and 4G communication networks. The convenience of mHealth services to both doctors and patients has come to the fore in recent years, thanks to growing preference for homecare, as rehabilitation in the comforts in their own homes is preferred by a majority of patients. Homecare also eliminates the hospitalization bills for patients and frees up hospital resources for other, perhaps more urgent uses. This, according to TMR analysts, is one of the most prominent drivers of the mHealth services market.The growing demand for homecare is complemented by the emergence of next-gen communication technologies, which have made the rise of mHealth services possible. While 'mHealth' was limited to calls between the patient and the doctor in the past, the emergence of 3G and 4G communication technologies has made it possible for the two parties to hold video calls, making the interaction more intimate.

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    mHealth services also include monitoring and diagnostic services that would not have been possible without modern smartphone technology. Thus, the unending rise of the smartphone market has broadened the horizons of the global mHealth services market.Accordingly, the dominant application segment of the global mHealth market is that of remote monitoring, collaboration, and consultancy. This segment is expected to grow at a stunning CAGR in excess of 28% in the forecast period, considerably higher than the overall market's CAGR. This segment is also aided by the growing geriatric population all over the world, since elderly people are more likely to fall prey to chronic diseases that require long-term monitoring, and also to prefer homecare over hospitalization.

    Browse Press Release : http://www.transparencymarketresearch.com/pressrelease/mobile-health-market.htm

    Due to the prevalence of high-end communication technologies and easy incorporation of the same in existing healthcare infrastructure, the North America market for mHealth services emerged as the leader in the global market in 2013. Europe followed North America, but continuous advancement of the healthcare sector in Asia Pacific countries is expected to elevate the share of this regional market in the global market.The report also includes a detailed analysis of major companies operating in the global mHealth services market, such as AT&T Inc., Koninklijke Philips N.V., Symantec Corporation, Vodafone Group plc, and Alcatel-Lucent Corporation.

    The global mHealth market is divided as follows:

    Global mHealth Services Market, By Application

    • General healthcare and fitness
    • Medication information
    • Remote monitoring, collaboration and consultancy
    • Healthcare management
    • Health data and record access

    Global mHealth Services Market, By Services Type

    • Solutions for patients
    • Wellness
    • Prevention service
    • Monitoring service
    • Diagnostic service
    • Treatment service
    • Information and reference
    • Healthcare system strengthening
    • Emergency response
    • Health care practitioner support
    • Healthcare surveillance

    Global mHealth Services Market, By End User

    • Public/Private healthcare institutions
    • Physicians
    • Healthcare workers
    • Individuals

    Global mHealth Services Market, By Geography

    • North America
    • Europe
    • Asia Pacific
    • Rest of the World

    Other Reports Published By Transparency Market Research:

    Mobile Point-of-Sale (mPOS) Market

    http://www.transparencymarketresearch.com/mpos-market.html

    Enterprise Mobility Market

    http://www.transparencymarketresearch.com/enterprise-mobility-market.html

    Mobile Applications Market

    http://www.transparencymarketresearch.com/mobile-applications-market.html

    Mobile Robotics Market

    http://www.transparencymarketresearch.com/mobile-robotics-market.html

    Browse All Other Technology & Media Market Research Reports: http://www.transparencymarketresearch.com/technology-market-reports-8.html

    About Us

    Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

    TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

    CONTACT: Mr. Atil Chaudhari State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com

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  • North America to Lead Global Wearable Technology Market, Healthcare Sector Dominates Demand : Transparency Market Research

    Published: Tuesday, October 20, 2015 | By: GlobalNewswire

    Albany - NY, Oct. 20, 2015 (GLOBE NEWSWIRE) -- Transparency Market Research, a leading U.S.-based market research and analysis firm, has released a new report on the global market for wearable technology. This comprises devices worn on the body rather than carried around like other consumer electronics. The two main purposes of wearable technology are to monitor various bodily markers and to keep the user connected to the digital world by syncing to parent electronic devices such as smartphones. Within the former, some wearable devices can also compute data gained from the markers they monitor and take actions such as drug delivery in response.The market for wearable technology is on the rise owing to growing demand from younger demographics and the high computing power wearable devices provide in a relatively small and compact size. The global wearable technology market, according to TMR's research report, was worth US$750 million in 2012. It is expected to make further gains in the coming years, at a CAGR of 40.8% from 2012 to 2018. The 2018 value of the global wearable technology market is expected to be US$5.8 billion, a jump of close to 800% on its 2012 value.The TMR report, titled 'Wearable Technology Market - Global Scenario, Trends, Industry Analysis, Size, Share and Forecast 2012 - 2018', is available for sale on TMR's website.

    Browse Market Research Report with ToC & Free  Analysis: http://www.transparencymarketresearch.com/wearable-technology.html

    The report categorizes the global wearable technology market by end use into the following sections: Fitness and wellness, further subcategorized into smart clothing and smart sports glasses, activity monitors, and sleep sensors; the infotainment sector, further subcategorized into smartwatches, augmented reality headsets, and smart glasses; the healthcare and medical sector, further subcategorized into continuous glucose monitors, smart drug delivery devices, wearable patches, and other monitors; the industrial and military sector, further subcategorized into hand-worn terminals and augmented reality headsets.

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    Growing awareness among the global populace regarding their wellbeing, the major driving factor of the global wearable technology market, is reflected in the hierarchy of the market, as the medical and healthcare end-use sector took up a dominant 35.1% share in 2012. Fitness and wellness followed the healthcare sector as the largest end user of wearable electronic devices. Continuous glucose monitors are a significant segment in the medical and healthcare sector owing to the growing prevalence of diabetes in the emerging economies of Asia Pacific and Latin America. Insulin delivery devices also play a major role in the dominance of the medical and healthcare sector in the global wearable technology market.By geography, the global market for wearable tech is divided into North America, Asia Pacific, Europe, and Rest of the World. Due to a high proportion of the population in the U.S. and Canada being tech-savvy, health-conscious, and affluent enough to purchase and use wearable devices, North America is expected to remain the leading regional segment of the global wearable technology market, with an expected 43% share by 2019.

    Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/wearable-technology.htm

    However, lack of such consumers is hampering wearable technology in regions such as Asia Pacific, Latin America, and Africa. The market is expected to remain above par in these regions, but growth will be slow and prone to fluctuations.Major players in the global wearable technology market include Adidas, Medtronic, Abbott Laboratories, Eurotech, Sony, Nike, and Google Inc.

    Other Reports Published By Transparency Market Research:

    eDiscovery Market

    http://www.transparencymarketresearch.com/ediscovery-market.html

    Drip Irrigation Systems Market

    http://www.transparencymarketresearch.com/drip-irrigation-systems-market.html

    Access Control and Authentication Market

    http://www.transparencymarketresearch.com/access-control-authentication-market.html

    Head Mounted Display Market

    http://www.transparencymarketresearch.com/head-mounted-displays.html

    About Us

    Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

    TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

    CONTACT: Mr. Atil Chaudhari State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com

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  • FPGA Market Poised for Strong CAGR of 8.6% from 2014 - 2020, Smartphones Drive Demand : Transparency Market Research

    Published: Tuesday, October 20, 2015 | By: GlobalNewswire

    Albany - NY, Oct. 20, 2015 (GLOBE NEWSWIRE) -- A FPGA is an integrated circuit or semiconductor device used to implement logical function that an application-specific integrated circuit (ASIC) could perform, but the ability to update the functionality after manufacturing offers advantages such as re-programming in the field for rapid prototyping and debugging for many applications. FPGAs use programmable routing channels and pre-built logic blocks for implementing custom hardware functionality, depending upon the embedded system developer configuring these devices. FPGAs are programmed and configured using "Hardware Description Language (HDL)" such as VHDL and Verilog.

    Browse Market FPGA Market Research Report with ToC & Free  Analysis: http://www.transparencymarketresearch.com/field-programmable-gate-array.html

    The competitive electronics market has changed that. Smartphones, one of the fastest-growing markets in the consumer electronics industry, need to be feature-packed without guzzling power. At the same time, the cost factor is a crucial aspect that influences purchase decisions in the market. Consequently, FPGAs are now targeted toward inexpensive and power-sensitive handheld devices and smartphones.

    Based on recent trends, TMR analysts predict that smartphones will play a central role in the global FPGA market. FPGAs, thanks to their built-in RAM, are able to perform functions such as image enhancements and signal processing - these are collectively referred to as digital signal processing (DSP) functions.As people consume more digital content, the demand for bandwidth has reported an unprecedented increase. This is yet another factor that will have a positive bearing on the growth of the global FPGA market. Higher the demand for faster processing speed in the smartphone and tablets markets, the greater will be the scope for the expansion of the FPGA market.

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    The report segments the global FPGA market based on technology as: Flash-based, static random-access memory (SRAM), and antifuse. In 2013, the largest share of the FPGA market was held by SRAM. This segment is projected to stay firmly in the leading position to 2020. The preference for SRAM-based FPGA arises due to its rapid in-circuit reconfiguration. FPGAs based on SRAM also show higher tolerance to radiation - an attribute that makes them highly suited in aerospace applications. Aerospace and ancillary industries are predicted to make extensive use of FPGAs for imaging and in wireless sensors.For a clear picture of the regional markets and their performance over the next five years, the report segments the global FPGA market into: North America, Asia Pacific, Europe, and Rest of the World. In 2013, Asia Pacific was seen as the most dominant region in the global FPGA market.  The dominance of the Asia Pacific region can be ascribed to the strong electronics industry in countries such as South Korea, China, and India. The report also carries a Company Profiles section that features leading FPGA market players such as Tabula, Lattice Semiconductor Corporation, Xilinix, Microsemi Corporation, Altera Corporation, and others.

    Browse Press Release:  http://www.transparencymarketresearch.com/pressrelease/field-programmable-gate-array.htm

    The FPGA market has been segmented as follows:

    FPGA Market, by Types

    SRAM

    Flash

    Antifuse

    FPGA Market, by Application Analysis

    • Consumer Electronics
    • Automotive
    • Industrial
    • Data Processing
    • Military and Aerospace
    • Telecommunication

    Others

    Global FPGA Market, by Geography:

    • North America
    • Europe
    • Asia Pacific

    Rest of the World

    Browse All Other Semiconductor & Electronics Market Research Reports:

    http://www.transparencymarketresearch.com/semiconductor-market-reports-5.html

    About Us

    Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

    TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

    CONTACT: Mr. Atil Chaudhary 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com

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  • Glass Packaging Market is Expected to Reach US$ 55.24 Bn by 2020: Transparency Market Research

    Published: Monday, October 19, 2015 | By: GlobalNewswire

    Albany - NY, Oct. 20, 2015 (GLOBE NEWSWIRE) -- Dark colored glass bottles are often used in packaging beer, as glass deflects UV rays, thereby reducing the occurrence of "skunky" beer. Rise in global consumption of beer is expected to be one of the primary factors driving the glass packaging market. Growth of the healthcare industry and higher usage of glass bottles for storage of medicines due to its sterility and reusability is also anticipated to increase demand for glass packaging over the next few years. However, rising popularity of plastics and its increasing scope of application for packaging are likely to hamper market growth. Increasing consumer preference for glass for packaging of food, beverages and chemicals is anticipated to offer new opportunities for market growth in the near future.

    Browse the full report at http://www.transparencymarketresearch.com/glass-packaging.html                                            

    Alcoholic beverages (excluding beer) was the largest application segment of glass packaging, accounting for over 40% share of the global market in terms of volume in 2013. The segment is projected to witness the fastest growth during the forecast period, followed by beer, due to rising consumption of these beverages. Market dynamics of glass packaging for alcoholic beverages (excluding beer) and beer often interchange owing to changing patterns in consumption of drinks. Pharmaceuticals are anticipated to exhibit above-average demand for glass packaging in the next few years.

    Asia Pacific was the largest market for glass packaging, accounting for over 35% of the market share in 2013. Rise in disposable income of consumers is expected to increase consumption of alcoholic beverages. This is anticipated to drive demand for glass over the next few years. Rest of the World is likely to experience a significant rise in market share due to growing consumption of alcoholic beverages. 

    Get Sample Research Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1614                                           

    The market for glass packaging is highly fragmented, with the top six companies accounting for less than 35% share of the market in 2013. Companies such as Ardagh Group, Gerresheimer AG, Owens-Illinois Inc., Saint-Gobain S.A., Vetropack Holding AG and Vidrala SA lead the global glass packaging market. Companies such as Hindusthan National Glass & Industries Ltd., Piramal Glass, Koa Glass Co. Ltd., Heinz-Glas GmbH, Wiegand-Glas GmbH and Vitro Packaging Inc. are the prominent manufacturers of glass packaging products. A large number of small and medium scale glass container manufacturing companies also operate across various geographies. The report segments the global glass packaging market as follows:

    Glass Packaging Market - Application Analysis

    • Alcoholic beverages (excluding beer)
    • Beer
    • Food & beverages
    • Pharmaceuticals
    • Others (Including personal care products and chemicals)

    Glass Packaging Market - Regional Analysis

    North America

    • U.S.

    Europe

    • France
    • Germany
    • Italy
    • Portugal
    • Turkey

    Asia Pacific

    • China
    • India

    Rest of the World

    • Brazil

    About Us

    Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

    TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

    CONTACT: Mr. Nachiket Ghumare State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com Blog: http://www.tmrblog.com/

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  • Epcylon Technologies Inc. Enters Into MOU With Bitumen Capital

    Published: Monday, October 19, 2015 | By: GlobalNewswire

    TORONTO, Oct. 19, 2015 (GLOBE NEWSWIRE) -- Epcylon Technologies, Inc. (OTC PINK:PRFC) ("Epcylon" or the "Company") announces that it has entered into a Memorandum of Understanding (MOU) with Bitumen Capital Inc. (TSXV: BTM.H) ("Bitumen") whereby Bitumen and Epcylon will enter into an Asset Purchase Agreement (as defined hereunder) (the "Transaction") which will constitute Bitumen's qualifying transaction (the "Qualifying Transaction"), as per Policy 2.4 of the TSX Venture Exchange (the "Exchange" or "TSXV").

    Pursuant to the terms of the MOU, subject to execution of a definitive asset purchase agreement ("Asset Purchase Agreement") and receipt of applicable regulatory and Exchange approvals, Bitumen will issue to Epcylon's shareholders 182,202,994 common shares of the CPC in exchange for all the assets of the Company, as further agreed upon by the Parties. The MOU is intended to be binding upon the Parties until execution of the definitive Asset Purchase Agreement.

    There are currently 13,150,001 common shares of the CPC issued and outstanding and 1,315,000 allotted stock options entitling the holders, certain officers and directors of Bitumen to acquire common shares of the CPC (the "Stock Option(s)"). Each Stock Option entitles its holder to acquire a common share of the CPC at a price of $0.10 per common share at any time up to October 17, 2017. Upon completion of the Transaction, all of the 1,315,000 issued and outstanding Stock Options to officers and directors of Bitumen shall be cancelled.

    Prior to closing of the Transaction, Bitumen will complete a reverse split of its common shares consisting in one (1) old share for 0.538 new shares, resulting in an aggregate number of 7,000,000 issued and outstanding common shares of Bitumen.

    Current shareholders of Bitumen will hold approximately 3.7 per cent and current holders of the Company will hold approximately 96.3 per cent of the resulting issuer's common shares issued and outstanding before giving effect to the Private Placement described below.

    The Transaction is not a "Non-Arm's Length Transaction" under the Exchange's policies.

    Concurrently with the Qualifying Transaction, the parties intend to complete a non brokered private placement for total proceeds of USD$1,000,000 consisting of secured convertible debentures with a three (3) year term and yielding at 8 per cent at a price of US$0.20 per secured convertible debenture and one half share purchase warrant, each whole share purchase warrant entitling its holder to purchase one common share of the Resulting Issuer at a price of USD$0.30 per common share within 24 months from the date of the issuance of the warrant (the "Private Placement").

    Closing and final acceptance of the Transaction are subject to the satisfaction of certain conditions, including the completion of a satisfactory due diligence, the execution of the Asset Purchase Agreement, obtaining required approval by shareholders, if applicable, third party and regulatory authorities and completion of the Private Placement. There are no guarantees that the Qualifying Transaction will be completed as proposed or at all.

    Board of Directors and Insiders following completion of the Transaction

    Todd Halpern, proposed Director is currently President of Halpern Enterprises. He and his family have been in the business of importing fine wines and spirits into Canada for over 57 years. Mr. Halpern joined Halpern Enterprises in 1979, and since significantly grown the company tremendously. Today, the company represents over 100 of the World's finest wine and spirit producers. Serving on the Toronto General Hospital Board since 2005, Mr. Halpern is Board Champion of the Krembil Neuroscience Centre's Krembil Discovery Tower and Krembil Neuro Program. He is also Chair of the Grand Cru Culinary Wine Festival, which benefits research at University Health Network. He also carries honorary detective badges from the Ontario provincial police and metro Toronto police. Mr. Halpern was also a member of the Board of Sentinelle Medical Inc. and was involved in the successful acquisition of the company by Hologic Inc. He is also a member of the Board of Mopals, a unique mobile and points-based rewards platform.

    Gary Schwartz, proposed Director has played, over the past 15 years, a leadership role in the mobile industry. He is the author of "THE IMPULSE ECONOMY" and "FAST SHOPPER, SLOW STORE" published by Simon & Schuster, Atria Imprint. Gary is presently writing a book on the Internet of Everything (IoT) titled "IF THINGS COULD SPEAK". In 2013, Gary was recognized by Mobile Marketer publication as the "Mobile Commerce Evangelist of the Year" and in 2014 Gary was selected as the Retail Innovator of the Year by Retail Touchpoints. Gary is Chair Emeritus of mobile committee of the Interactive Advertising Bureau (IAB) and the Mobile Entertainment Forum (MEF) and is presently is the Global Director of the Location Based Marketing Association (LBMA). Gary is an alum of Columbia University in New York and the Stanford University Center in Yokohama, where he was the recipient of the Asia and Japan Foundation Fellowships.

    Leon Redensky, proposed Director is a founding partner of Lynx Capital Partners, LLC, a technology and equity trading company, with offices in New York, Montreal, Kiev (Ukraine), and the Cayman Islands. Lynx trades equity products for its own account as well as develops trading technology for other clearing and trading firms in the capital markets space. Mr. Redensky manages the daily operations of the firm. In addition, Mr. Redensky was one of the founding members of Viridian Spirits, which re-introduced Absinthe in the United States after a 95-year ban. After 5 years of leading the company, Viridian was sold to another distillery. Based in Manhattan, NY, Mr. Redensky graduated from the University of Pennsylvania with a BSE in bioengineering and a minor in economics.

    Nikolas Perrault, proposed Director is a Chartered Financial Analyst who has spent the first 15 years of his career working with some of Canada's largest financial institutions, including National Bank, Merrill-Lynch, CIBC and Scotia Capital. He is President, CEO and Director of Colt Resources Inc., a diversified Canadian mining exploration and development stage company whose primary focus  is on developing its base, precious and strategic metal assets in Portugal. His focus throughout his career has been on small cap resource companies worldwide which has allowed him to develop an extensive international network. In May 2007, he founded a management consulting company providing strategic advice to early stage energy and resource companies. Mr. Perrault is also an independent director of NEX listed Bitumen Capital. Mr. Perrault holds a Bachelor of Commerce and obtained his Chartered Financial Analyst designation in 1997.

    Richard Groome, proposed Director, is currently, President & Managing Partner at Notre-Dame Capital Inc., President and CEO of The Changing Planet Inc., Chairman, President, Chief Executive Officer & CFO at Bitumen Capital Inc., member of the Board of Directors of Hitlab Inc. and past Chairman of Select TV Solutions Inc. and Oriana Technologies Inc., Past CEO and Director at Urban Barns Foods Inc., and past Director of  Preo Software Inc. Mr. Groome was previously employed as Senior Vice President-Institutional Equity Sales by Desjardins Securities Inc. past President of Groome Capital Inc., and Marleau Lemire Inc. He served at the CDNX Exchange, the predecessor of the TSXV, and he also served on the board at First Gold Exploration Inc., Sofame Technologies Inc., Global Minerals Ltd., Mitec Technologies Inc., Advantex Marketing International Inc., Creso Exploration Inc., and Mint Technology Corp. He received his undergraduate degree from McGill University.    

    Kyle Appleby, proposed CFO is a CPA, CA and serves as the corporation's Chief Financial Officer. Mr. Appleby has over 15 years' experience in public accounting and has been providing part-time CFO, and other financial accounting and compliance services to both public and private companies since 2007. Prior to 2007 Mr. Appleby worked for several public accounting firms in Canada. Mr. Appleby is a member of the Chartered Professional Accountants of Canada.

    It is anticipated that the Resulting Issuer's Board will nominate a new CEO and President.

    Sponsorship

    The Qualifying Transaction will be subject to the Exchange Policy 2.2 on sponsorship and sponsorship requirements. Bitumen intends to retain a sponsor for the Qualifying Transaction. An agreement to sponsor should not be construed as any assurance with respect to the merits of the Qualifying Transaction or the likelihood of completion.

    About Epcylon

    Epcylon is a Nevada company who has developed two separate business units based on a patented invention: a) a desktop and mobile proprietary sentiment-based trading platform targeted at both the professional and retail trader verticals, and b) a geolocation-verification technology servicing lottery and gaming industries for applications provisioned on mobile devices. In 2015, this invention was patented in each of the US and Canada.

    Based on Epcylon's May 31, 2015 audited annual financial statements, the latter had USD$17,999 in revenues and a net loss of USD$563,150. As at May 31, 2015, total assets and liabilities were approximately USD$2.6 million and USD$1.3 million, respectively.

    Principal Security holders of Epcylon

    The sole beneficial owner of securities of Epcylon owning beneficially, directly or indirectly, more than 10 per cent of any class or series of the company's voting securities is 2238646 Ontario Inc. which holds 97,040,000 common shares, representing 57.6 per cent.    

    The common shares of Bitumen are currently halted from trading and will remain so until such time as the Exchange provides its authorization to resume trading. Resumption of trading is subject to the Issuer satisfying certain Exchange conditions under Policy 2.4 of the TSXV's TSXV Corporate Finance Manual.

    Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and if applicable pursuant to Exchange Requirements and shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all. Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

    The TSXV has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. Neither TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

    Signed,
    Todd Halpern, 
    Chair, Board of Directors

    Forward-Looking Statements

    You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about Epcylon Technologies Inc., please refer to its website at http://www.epcylon.com

    CONTACT: Media Relations Epcylon Technologies, Inc. 34 King Street East Suite 1010 Toronto, ON Canada M5C 2X8 Phone +1-416-479-0880

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  • IntelliChief Automating Document Management and Workflow at the IOFM AP & P2P Conference

    Published: Monday, October 19, 2015 | By: GlobalNewswire

    TAMPA, Fla., Oct. 19, 2015 (GLOBE NEWSWIRE) -- IntelliChief, LLC, a provider of enterprise-class automated document management and workflow solutions for Accounts Payable environments, announces participation with the Institute of Finance and Management (IOFM) to present IntelliChief's lifecycle document management and business processes workflow at the AP & P2P Conference & Expo, October 25-27, 2015 at Caesars Palace, Las Vegas. IntelliChief's Paperless Process Management (PPM), an advancement of enterprise content management (ECM), enables users to optimize business processes throughout organizations by automating document management and workflow, with ERP system data validation and real-time updating. Demonstrations to be held in the Exhibit Section, Booth 504.

    IntelliChief's Paperless Process Management software provides a smooth transition from costly manual document management and workflow functions. It enables users to capture documentation in any format, index the contents and validate with data in their enterprise resource planning system (ERP) or Line of Business application, for lifecycle-managing all related documentation, and facilitating an optimized interdepartmental processes workflow. Areas of use include Accounting (purchase-to-pay and order-to-cash), Finance, Customer Service, Human Resources, Legal, Operations and other paper and process-intensive departments, supporting process time and cost savings throughout organizations.

    To review the IntelliChief's Paperless Process Management, visit IntelliChief in the AP & P2P Conference & Expo Exhibit Section, Booth 504. Alternately, request a demo or visit www.intellichief.com.

    About IntelliChief, LLC

    IntelliChief's Paperless Process Management (PPM) provides enterprise-class business processes document management and workflow automation solutions for any IT platform. With decades of expertise in the market and seamless integration with leading enterprise resource planning (ERP) systems, IntelliChief takes companies of all sizes paperless with a typical ROI of less than one year. Users can create, capture, manage, archive, retrieve and distribute mission-critical documents directly from their familiar ERP screens, automating and streamlining business processes workflow throughout their organization. www.intellichief.com.

    CONTACT: IntelliChief, LLC Tim Nissen Marketing Manager tnissen@intellichief.com (813) 971-9500 x335

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  • Gartner Analysts Recognize Varonis in New Market Guide for User and Entity Behavior Analytics

    Published: Monday, October 19, 2015 | By: GlobalNewswire

    NEW YORK, Oct. 19, 2015 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq:VRNS), the leading provider of software solutions for unstructured, human-generated enterprise data, has been recognized by Gartner as a "Representative Vendor" in its new Market Guide for User and Entity Behavior Analytics (UEBA).

    In its market analysis, Gartner highlights the advantages of using UEBA to detect malicious or abusive behavior that often goes unnoticed by existing monitoring systems such as SIEM and DLP. Among its recommendations, Gartner says that "CIOs, chief information security offices (CISOs) and security managers should:

    • Use UEBA to detect insider threats and external hackers and choose vendors with solutions that align with your use cases, for example, security monitoring or data exfiltration.
    • Operationalize UEBA by sending alerts to security orchestration, ticketing and workflow systems.
    • Favor UEBA vendors who profile multiple entities including users and their peer groups and devices, and who use machine learning to detect anomalies. These features enable more accurate detection of malicious or abusive users."

    Authored by Gartner analyst Avivah Litan, the guide predicts: "Over the next three years, leading UEBA platforms will become preferred systems for security operations and investigations at some of the organizations they serve. It will be – and in some cases already is – much easier to discover some security events and analyze individual offenders in UEBA than it is in many legacy security monitoring systems."

    David Gibson, Varonis Vice President of Strategy and Market Development, said, "In today's threat environment, user and entity behavior analytics have become an essential data security measure. The perimeter no longer exists in a practical sense anymore, and organizations are beginning to realize that this means they need to start fortifying the controls around the assets they need to protect. Varonis has always used user behavior analytics through our recommendations and alerts, but this is just a subset of what we do. We are pleased to be included by Gartner as serving this important category and are especially encouraged that Varonis solutions are so closely aligned with Gartner's recommendations. We look forward to continuing to add capabilities and use cases to our portfolio and helping many more organizations detect potential threats before they cause serious damage."  

    In assessing the market growth of UEBA technologies, the Gartner report states: "The UEBA market grew faster and matured more quickly than Gartner anticipated a year ago. Gartner expects UEBA market revenue will climb to almost $200 million by the end of 2017, up from less than $50 million today."

    The Varonis Metadata Framework is the basis for a wide range of use cases including UEBA, sensitive data classification and remediation, identity and access rights management, enterprise search, and storage reduction. Thousands of organizations around the world rely on Varonis to curtail over-exposure of their most valuable and sensitive data and help prevent the inevitable network breaches for causing harm.

    For information on Varonis' solution portfolio, please visit www.varonis.com and join the conversation on Facebook, Twitter, LinkedIn, and YouTube.

    Source: Gartner, Market Guide for User and Entity Behavior Analytics, September 22, 2015

    Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

    About Varonis

    Varonis is the leading provider of software solutions for unstructured, human-generated enterprise data. Varonis provides an innovative software platform that allows enterprises to map, analyze, manage and migrate their unstructured data. Varonis specializes in human-generated data, a type of unstructured data that includes an enterprise's spreadsheets, word processing documents, presentations, audio files, video files, emails, text messages and any other data created by employees. This data often contains an enterprise's financial information, product plans, strategic initiatives, intellectual property and numerous other forms of vital information. IT and business personnel deploy Varonis software for a variety of use cases, including user behavior analytics, data governance, data security, archiving, file synchronization, enhanced mobile data accessibility and information collaboration. As of June 30, 2015, Varonis had approximately 3,750 customers, spanning leading firms in the financial services, public, healthcare, industrial, energy & utilities, technology, consumer and retail, education and media & entertainment sectors.

    CONTACT: News Media Contact: Natalie Rizk CTP 617-412-4000 x227 nrizk@ctpboston.com

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  • Materialise Expands i.materialise Online Platform Through Franchise Agreement With 3DVinci Creations

    Published: Sunday, October 18, 2015 | By: GlobalNewswire

    DUBAI, United Arab Emirates, Oct. 18, 2015 (GLOBE NEWSWIRE) -- Today during GITEX, a franchise agreement between Materialise (NASDAQ:MTLS) and 3DVinci Creations has resulted in the official launch of the i.materialise 3D Printing platform in the United Arab Emirates, further expanding the reach of 3D Printing into the GCC and Middle East region.

    This franchise agreement has linked Materialise, a leading provider of Additive Manufacturing software and of sophisticated 3D Printing solutions in the medical, industrial and consumer markets to 3DVinci Creations, a provider of affordable and accessible 3D printing technologies with its headquarters in the United Arab Emirates. The partnership further develops the growth of the already successful i.materialise 3D Printing platform with 3DVinci Creations using their Additive Manufacturing Centers in Dubai, UAE and Beirut, Lebanon to bring production closer to users in the region, including Saudi Arabia, Kuwait, Qatar and Bahrain. The service is now officially available.

    "i.materialise is a 3D Printing platform that caters to anyone who wants to materialize their creative ideas. With this franchise agreement, we aim to provide access to an even greater number of people who want to realize their dreams through 3D Printing," said Miranda Bastijns, Head of i.materialise. "This collaboration with 3DVinci Creations is an opportunity to localize quality 3D Printing and the benefits it enables in parts of the Middle East. With the potential of 3D Printing to change the ways we design, make and distribute products, it can truly contribute to creating a better and healthier world."

    Edouard Baaklini, CEO of 3DVinci Creations, stated "At 3DVinci Creations, we strive to find the right 3D Printing solution for our customers, helping them turn their concepts and designs into physical objects. We started out as Materialise customers, using their Magics software. Now, by offering the i.materialise 3D Printing Platform at our new and expanded Additive Manufacturing Centers in Dubai and Beirut, our customers may have a broader range of manufacturing choices. Their creations can be entrusted to two companies that are dedicated to using 3D Printing technology to find creative solutions for their product. Moreover, we are pleased to expand our 3D Printing services in a stable region ready for growth in this innovative sector."

    The i.materialise online 3D Printing platform offers a range of solutions and services to help those realizing the potential of the technology. Anyone from inventors to students, designers and makers can use i.materialise to create something unique as well as offering their products for sale on the platform.

    About Materialise

    With its headquarters in Leuven, Belgium, and branches worldwide, Materialise is a provider of Additive Manufacturing (AM) software solutions and sophisticated 3D printing services in a wide variety of industries, including healthcare, automotive, aerospace, art and design and consumer products. Materialise has been playing an active role in the field of AM since 1990, through its involvement in AM for industrial and medical applications, by providing biomedical and clinical solutions such as medical image processing and surgical simulations and by developing unique solutions for its customers' prototyping, production, and medical needs. For additional information, please visit: www.materialise.com.

    About 3DVinci Creations

    Headquartered in Dubai, UAE and Beirut, Lebanon, 3DVinci Creations provides 3D Printing Services and Products to corporations, educational institutions, government ministries and agencies, and individuals throughout the Gulf Cooperation Council (GCC) and the entire Middle Eastern countries.

    For the first time in Dubai and the GCC, artists, architects, students, product designers and consumers alike can easily order their 3D designs as physical objects in an innovative and affordable way without 3D modeling skills with the help of 3DVinci Creations. 3DVinci Creations takes 3D printing to the next level by engaging the average consumer with no 3D experience to customize, form, mold and design their own 3D products with the help of our professional 3D designers. Through 3DVinci Creations, designers gain access to the best industrial 3D printing technology, capable of manufacturing products with complex designs in a wide range of high-quality materials.

    3DVinci Creations also provides full training and educational programs on 3D printing to schools and universities, students and professionals alike. Our programs lead to internationally recognized and accredited certifications. For additional information, please visit: http://www.3dvincicreations.com/

    Press contacts:

    Materialise

    Vanessa Palsenbarg
    Corporate Communications Specialist, Materialise
    Phone: +32 16 39 66 37
    Fax: +32 16 39 66 00
    Email: Vanessa.Palsenbarg@materialise.be
    Twitter: @belgiancanuck or @MaterialiseNV
    Visit: www.materialise.com

    3DVinci Creations

    Elie Baaklini
    Business Development Manager, 3DVinci Creations
    Phone: +971 4 552 1260
    Email: elieb@3dvincicreations.com

    Cautionary Statement on Forward-Looking Statements

    This press release contains forward-looking statements regarding, among other things, the plans, objectives, expectations, strategies and prospects of the Company, both financial and business. Such statements are subject to known and unknown uncertainties and risks. When used in this press release, the words "estimate," "expect," "anticipate," "project," "plan," "intend," "believe," "forecast," "will," "may," "could," "might," "aim," "should" and variations of such words or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon the management's current expectations. These expectations, beliefs and projections are given in good faith and management believes there is a reasonable basis for them. However, the management cannot offer any assurance that its expectations, beliefs and projections will actually be achieved. By their nature, forward-looking statements involve risks and uncertainties because they relate to events, competitive dynamics and industry change, and depend on economic circumstances that may or may not occur in the future or may occur on longer or shorter timelines than anticipated. Management cautions readers that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that are in some cases beyond its control. All of the forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from expectations. Management makes no commitment, and disclaims any duty to update or revise any forward-looking statements to reflect future events or changes in its expectations.

    Full ArticleVisit Website

  • Middlebury Interactive Languages Named Statewide Provider by Florida Dept. of Education

    Published: Friday, October 16, 2015 | By: GlobalNewswire

    MIDDLEBURY, Vt., Oct. 16, 2015 (GLOBE NEWSWIRE) -- Middlebury Interactive Languages, the academic leader in online and blended language curriculum and solutions, has been selected by the Florida Department of Education as a statewide provider of middle and high school world language courses.

    Middlebury Interactive was approved for eight courses in French and Spanish at various grade and proficiency levels. All Middlebury Interactive courses meet federal standards and World Languages Next Generation Sunshine State Standards. Florida is the first state to allow up to 50 percent of textbook adoption dollars be used for digital courses. Educators and administrators interested in previewing courses eligible for textbook adoption funds can visit Middlebury Interactive's website.

    As the only digital-only language provider approved by the DOE, Middlebury Interactive offers Florida school districts the opportunity to create tailored and flexible language programs. All Middlebury Interactive courses are supported by proven language instruction techniques, culturally authentic materials, teacher professional development and digital learning tools. Middlebury Interactive courses are created by language Ph.Ds., K-12 educators and technologists and are modeled after the Middlebury Language Schools' proven instructional approach.

    "Language learning—with all of its cognitive and academic benefits—translates very well to the digital environment, because students have access to authentic cultural materials, like videos with native speakers, and can learn at their own pace," said Middlebury Interactive Languages CEO Jane Swift. "We look forward to partnering with more Florida districts to implement language programs that are flexible, scalable and academically rigorous."

    More than 1,000 Florida students will use Middlebury Interactive courses this school year, including more than 100 studying Spanish in the Volusia County Schools. Another example of recent school adoption is St. Stephen Catholic School in Riverside, which delivers blended learning courses in French, Spanish and Chinese.

    "Middlebury Interactive courses are very engaging for our students and also deliver on high academic quality," said Dr. Amy Blowers, Curriculum and Instruction Specialist at Volusia County Schools. "Offering the digital courses expands access to language instruction for our students and provides greater flexibility and resources for our teachers to help students learn."

    "Middlebury Interactive gave us the flexibility to create a program that exposes our students to several different languages—French, Spanish and Chinese—in elementary school before focusing on one language in the upper grades," said Gina Robles, Media Specialist and Language Instructor at St. Stephen Catholic School. "Our new language program is working very well for students, teachers and parents and is helping students become self-directed learners."

    Nationwide, Middlebury Interactive serves the language education needs of more than 200,000 K-12 students. Middlebury Interactive programs are deployed in nearly 4,000 schools, from the largest urban districts, like New York City, Dallas ISD and Baltimore County Public Schools, to small towns throughout the country.

    Recognizing the diverse—and evolving—language instruction needs of each school district, Middlebury Interactive provides one-stop access to rigorous, leading-edge world language programs. Middlebury Interactive currently offers online and blended learning programs at the elementary, middle and high school levels in Spanish, French, Chinese and German, as well as new programs for English Language Learners.

    About Middlebury Interactive Languages

    Middlebury Interactive is the academic leader in digital language instruction for K-12 students with a suite of world language courses and a supplemental English Language Learner curriculum for grades 4-8. Middlebury Interactive provides access to superior language programs and prepares students with the skills and cultural understanding to compete in the 21st Century global marketplace. Middlebury Interactive has adapted principles of Middlebury College's renowned world language curriculum, developed and refined over the past 100 years, and translated it to the digital and K-12 settings. Middlebury Interactive also offers in-person language immersion summer academies for middle and high school students.

    CONTACT: Cort Boulanger cboulanger@middleburyinteractive.com 339-222-2442

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