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Demand for Duct Tape to Increase 3.6% Annually Through 2022
June 13, 2018 (Investorideas.com Newswire) Demand for duct tape is projected to increase 3.6% per year to $403 million in 2022, above the average of PSA tape overall.

Atrium Mortgage Investment Corporation (TSX: AI) Announces July 2018 Dividend
Toronto, Ontario - July 3, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of July 2018 of $0.075 per common share

Global Pump Market to Grow 5.6% Annually Through 2022
June 11, 2018 (Investorideas.com Newswire) Global demand for fluid handling pumps is projected to grow 5.6% per year to $84.4 billion in 2022 based on broad growth across major markets.

Foamed Plastic Insulation Demand to Grow 4.4% Annually Through 2022
June 1, 2018 (Investorideas.com Newswire) Foamed plastic insulation in the residential market is forecast to rise 4.4% per annum to 520 million pounds in 2022, valued at $1.1 billion.

Fiber Cement Siding Demand to Exceed 2 Billion Square Feet in 2022
May 21, 2018 (Investorideas.com Newswire) Demand for fiber cement siding is forecast to grow 3.3% per year to 2.1 billion square feet in 2022.

Outdoor Lighting Fixture Demand to Grow 6.7% Annually Through 2022
May 21, 2018 (Investorideas.com Newswire) Demand for outdoor fixtures is expected to increase 6.7% per year to $5.5 billion in 2022.

Legalshield Law Index Points To Rise In Home Construction, But Trade Conflicts Are Driving Up The Cost Of Materials
ADA, OKLAHOMA - May 8, 2018 (Investorideas.com Newswire) Released today, the LegalShield Housing Activity Index, a leading indicator of housing starts and a component of the broader LegalShield Law Index, suggests there is reason for optimism about increasing housing construction momentum this year

Demand for Reactive Adhesives and Sealants to Reach 1.3 Billion Pounds in 2022
May 2, 2018 (Investorideas.com Newswire) Demand for reactive adhesives and sealants is projected to rise 3.0% per year to 1.3 billion pounds in 2022, valued at $4.8 billion. The leading reactive adhesive and sealant chemistries are silicones, polyurethanes, epoxies, and polysulfides.

Atrium Mortgage Investment Corporation (TSX: AI) Announces May 2018 Dividend
Toronto, Ontario - May 1, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of May 2018 of $0.075 per common share, to be paid June 12, 2018 to shareholders of record May 31, 2018.

Gardening Hand Tool Sales to Reach $738 Million in 2022
April 30, 2018 (Investorideas.com Newswire) Demand for gardening hand tools totaled $654 million in 2017, increasing only 0.6% annually between 2012 and 2017.

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Construction and Materials News from Globe Newswire

Corning to Invest in Manufacturing Facility for Automotive Glass Solutions

  
Retrofitted facility will be third Corning manufacturing site in Hefei, China

CORNING, N.Y.; JULY 16, 2018 - Corning Incorporated (NYSE: GLW) announced today that, with the support of the Hefei government, it will invest in an existing production facility in the Hefei Xinzhan Hi-Tech Industrial Development Zone in the Anhui Province, China, for its Automotive Glass Solutions business.

This facility, which Corning expects to be fully operational in 2019, will produce Corning Gorilla Glass for Automotive Interiors, a durable and optically advantaged cover glass solution specially designed for automotive interior applications. Retrofitting an existing facility will help Corning bring on new capacity quickly and efficiently in advancing the growth of its automotive glass solutions business.

"Corning is excited to be delivering technical glass solutions that address and accelerate the adoption of more dynamic and visually appealing in-vehicle infotainment systems. Our cover-glass innovations deliver advantaged performance and economics versus commodity materials and are driving significant pull for our products," said Michael Kunigonis, vice president and general manager, Corning Automotive Glass Solutions. "Corning's investment will deliver the capability, quality and capacity the auto industry needs to drive innovation and supply drivers with the connectivity and user experience they desire."

Corning's decades-long leadership in the display, mobile consumer electronics, and automotive markets positions the company to deliver advanced technical glass solutions and an extensive partner ecosystem to its auto glass customers. Corning helped create the first displays in 1947 with its television picture tubes and revolutionized the industry with LCD glass in the early 2000s. In the automotive industry, Corning has 40+ years of OEM market presence with its cellular ceramic substrates that take harmful emissions out of vehicle exhaust systems. For mobile consumer electronics, Corning has been a leading cover glass supplier for top OEMs since 2007, with Corning® Gorilla® Glass having been featured on more than five billion devices worldwide.

This manufacturing facility demonstrates Corning's continued commitment to China and marks the company's third investment in Hefei within the past three years. Corning Environmental Technologies announced a new facility focused on its gasoline particulate filter product line and Corning Display Technologies recently opened the world's largest LCD glass substrate facility to supply BOE, China's leading panel maker.

"Corning has been committed to the China auto industry since we first entered the China market in the early 1980s, and this investment underscores Corning's longstanding support of this market," said Li Fang, president and general manager, Corning Greater China. "Corning selects its manufacturing locations to be close to our customers, which makes Hefei an ideal location. Additionally, we have found Hefei to have excellent infrastructure and a solid base of skilled local talent. We appreciate the support we have received from the Hefei municipal government and the industrial development leadership from Anhui provincial officials."

Caution Concerning Forward-Looking Statements
This press release contains "forward-looking statements" (within the meaning of the Private Securities Litigation Reform Act of 1995), which are based on current expectations and assumptions about Corning's financial results and business operations, that involve substantial risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include: the effects of acquisitions, dispositions and other similar transactions by the Company, the effect of global business, financial, economic and political conditions; tariffs and import duties; currency fluctuations between the U.S. dollar and other currencies, primarily the Japanese yen, New Taiwan dollar, euro, Chinese yuan, and South Korean won; product demand and industry capacity; competitive products and pricing; availability and costs of critical components and materials; new product development and commercialization; order activity and demand from major customers; the amount and timing of our cash flows and earnings and other conditions, which may affect our ability to pay our quarterly dividend at the planned level or to repurchase shares at planned levels; possible disruption in commercial activities due to terrorist activity, cyber-attack, armed conflict, political or financial instability, natural disasters, or major health concerns; unanticipated disruption to equipment, facilities, IT systems or operations; effect of regulatory and legal developments; ability to pace capital spending to anticipated levels of customer demand; rate of technology change; ability to enforce patents and protect intellectual property and trade secrets; adverse litigation; product and components performance issues; retention of key personnel; customer ability, most notably in the Display Technologies segment, to maintain profitable operations and obtain financing to fund their ongoing operations and manufacturing expansions and pay their receivables when due; loss of significant customers; changes in tax laws and regulations including the Tax Cuts and Jobs Act of 2017; and the potential impact of legislation, government regulations, and other government action and investigations.

For a complete listing of risks and other factors, please reference the risk factors and forward-looking statements described in our annual reports on Form 10-K and quarterly reports on Form 10-Q. Forward-looking statements speak only as of the day that they are made, and Corning undertakes no obligation to update them in light of new information or future events.

Web Disclosure
In accordance with guidance provided by the SEC regarding the use of company websites and social media channels to disclose material information, Corning Incorporated ("Corning") wishes to notify investors, media, and other interested parties that it uses its website (http://www.corning.com/worldwide/en/about-us/news-events.html) to publish important information about the company, including information that may be deemed material to investors, or supplemental to information contained in this or other press releases. The list of websites and social media channels that the company uses may be updated on Corning's media and website from time to time. Corning encourages investors, media, and other interested parties to review the information Corning may publish through its website and social media channels as described above, in addition to the company's SEC filings, press releases, conference calls, and webcasts.

About Corning Incorporated
Corning (www.corning.com) is one of the world's leading innovators in materials science, with a more than 165-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramic science, and optical physics along with its deep manufacturing and engineering capabilities to develop category-defining products that transform industries and enhance people's lives. Corning succeeds through sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries.


Corning's capabilities are versatile and synergistic, which allows the company to evolve to meet changing market needs, while also helping our customers capture new opportunities in dynamic industries. Today, Corning's markets include optical communications, mobile consumer electronics, display technology, automotive, and life sciences vessels. Corning's industry-leading products include damage-resistant cover glass for mobile devices; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for state-of-the-art communications networks; trusted products to accelerate drug discovery and delivery; and clean-air technologies for cars and trucks.

Media Relations Contacts:                          

United States
Anna Giambrone                                
(607) 974-5933                                              
giambronai@corning.com

China
Cara Xie
86-21-2215-2888
XieZ3@corning.com

Investor Relations Contact:
Ann H.S. Nicholson
(607) 974-6716
nicholsoas@corning.com

Follow CorningRSS Feeds | Facebook | Twitter | YouTube

Coda Octopus Group Enters into a Navy Cooperative Research And Development Agreement with Naval Surface Warfare Center, Panama City Division for Naval Real-Time 3D Imaging Head Up Display Diver Solution

  • U.S. Naval Sea Systems Command plan for multi-generation of development of real time 3D DAVD-HUD was outlined at Undersea Defence Technology 2018 conference;
  • Program to transition Divers Augmented Vision Display-Head Up Display System (DAVD-HUD) prototype into Gen 1 system ready for operational use within 12 months; technology to transition from CRADA to Exclusive Invention Licensing Agreement;
  • CODA project scope expanded from visualization software to productize the full system including 3D sonar, diver helmet hardware and surface electronics;
  • DAVD-HUD will be an “Authorized for Navy Use” (ANU) product available for supply across the U.S. Navy and military.
  • Coda Octopus’s proprietary commercial sonar technology, Echoscope®, would also be added to the ANU list.

ORLANDO, FL, July 16, 2018 – Coda Octopus Group, Inc. (CODA) (Nasdaq:CODA) a global leader in real-time 3D sonar technology and real-time subsea intelligence, announced the Company has entered into a Navy Cooperative Research Development Agreement (CRADA) to transition the prototype of the Divers Augmented Vision Display-Head Up Display system (DAVD-HUD) into a complete system that is ready for operational use, with Naval Surface Warfare Center Panama City Division (NSWC PCD). The DAVD-HUD first generation system (Gen 1), along with an outline plan for the development of the second, third and fourth generations of the DAVD-HUD, were unveiled by Mr. Paul D. McMurtrie, Diving Equipment RDT&E Program Manager for Naval Sea Systems Command 0038 at the Undersea Defence Technology 2018 conference held June 27, 2018 in Glasgow, Scotland.

The outline plan indicates that the DAVD-HUD product will advance military naval activities significantly, and is considered a critical deliverable to Naval Sea Systems Command (NAVSEA) and other naval bodies. The prototype DAVD-HUD, which includes CODA’s real-time 3D visualization software, has been successfully trialed and evaluated by divers, as well as astronauts, generating much interest for the product and its capability across numerous naval bodies. The internal naval sponsors of the program have grown substantially since Coda became involved in 2016, as the trials and evaluations have conclusively shown the significant benefits and advancement that the DAVD-HUD will bring to naval operations. Speaking at the conference, Mr. McMurtrie described a four-phase multi-generational development program through 2025, with CODA as the program’s partner that will work in conjunction with NSWC PCD to deliver this critical and state-of-the-art advancement to the military community.

Under the terms of the CRADA, CODA, in collaboration with NSWC PCD, will transition the existing prototype to a first-generation operational system in production no later than 12 months from the date of the CRADA. CODA would then be granted an Exclusive Invention Licensing Agreement to produce and supply the complete system of software and hardware to the Navy and military community. Once released for sale, the DAVD-HUD, along with CODA’s real-time 3D sonar and 3D visualization software which is branded commercially as Echoscope®, will be an “Authorized for Navy Use” (ANU) item, allowing these products to be purchased by the U.S. Navy and U.S. Allies.

The agreement to transition and develop the DAVD-HUD prototype is an expansion of CODA’s original brief on program. CODA received U.S. Government funding for the development of the 3D visualization software to be used with the DAVD prototype that was using 2D imaging sonar data. CODA was tasked to bring real-time 3D sonar and diver tracking into the DAVD – displayed simultaneously in real time for both divers in the water and diving operations’ supervisors on the surface, to use to navigate to targets, identify specific targets and conduct operations, such as repair work. The new scope of work extends to developing the second, third and fourth generations of the complete DAVD-HUD, including the helmet with all electronics, as well as the real-time 3D sonar and 3D visualization software.

Annmarie Gayle, Coda Octopus Group’s Chairman and CEO said: “I am very excited and pleased that we have been given this significant opportunity to take forward the initial vision of the DAVD-HUD into a real-time, real-world application that will greatly advance defense and military applications. This is a significant development for Coda Octopus as it positions the Company to roll out its unique real-time 3D capabilities, both hardware and software, across the Navy – a very important group of users. This is a seismic shift as it paves the way for standardization of our real-time 3D sonar products into this very important market. Although we are on a 12-month contractual commitment to develop the first generation of the DAVD-HUD, we intend to deliver this much sooner and get this critical product into operation across the Navy Community.”

For further information, see CODA’s news release, “Coda Octopus Group Awarded Contract to Advance U.S. Naval Diving Operations with State-of-the-art Real-time 3D Subsea Intelligence for Next Generation Wearable Head Up Display with Embedded Software” (February 5, 2018).

About Coda Octopus Group, Inc.

Originally founded in 1994 as Coda Technologies, the Coda Octopus Group’s patented real-time 3D subsea sonar technology, Echoscope®, enables real-time 3D imaging and mapping in zero visibility conditions underwater, and is used globally in numerous applications including defense, marine construction, oil and gas subsea infrastructure installation and surveys, and port and harbor security. For further information, please visit http://www.codaoctopusgroup.com or contact us at: cogi@codaoctopusgroup.com.

About Naval Surface Warfare Center Panama City Division (NSWC PCD)

The mission of Naval Surface Warfare Center Panama City Division is to conduct research, development, test and evaluation, and In-Service support of Mine Countermeasure Systems, Naval Sea Mine Systems, Naval Special Warfare Systems, Amphibious & Expeditionary Maneuver Warfare Systems and support all other systems that occur primarily in coastal or littoral regions. Today, Naval Surface Warfare Center Panama City Division is one of the major research, development, test and evaluation laboratories in the U.S. Navy and boasts a wide base of expertise in engineering and scientific disciplines. By October 2017, the command employed more than 1,400 civilian employees of which over 800 were scientists and engineers. NSWC PCD prides itself of being good stewards of the environment and taxpayer dollar. The command has a business base of more than $400 million of which $330 million goes back into the State of Florida through labor dollars, contract services, and local goods. For further information, please visit http://www.navsea.navy.mil/Home/Warfare-Centers/NSWC-Panama-City/.

Forward Looking Statement

This press release contains forward-looking statements concerning Coda Octopus Group, Inc. within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Those forward-looking statements include, without limitation, statements regarding the Company's expectations for the growth of the Company's operations and revenue. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include, but are not limited to, customer demand for our products and market prices; the outcome of our ongoing research and development efforts relating to our products including our patented real time 3D solutions; our ability to develop the sales force required to achieve our development and other examples of forward looking statement set forth in our Annual Report on Form 10-K filed with the Securities and Exchange Commission on January 30, 2018. Coda Octopus Group, Inc. does not undertake, and specifically disclaims any obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur.

Contact:

MDC Group
Investor Relations:
David Castaneda
Arsen Mugurdumov
414.351.9758

Media Relations:
Susan Roush
805.624.7624

Construction contract in Estonia (Kiini substation, Viljandi county)

On 16 July 2018, AS Merko Infra, part of AS Merko Ehitus group, Elering AS and Elekrilevi OÜ entered into a contract for the construction of Kiini 110 kV substation.

In Kiini‘s new substation a 110 kV and a 20 kV switchgear will be built together with substation building and access road.

The contract value is approximately EUR 1.68 million, plus value added tax.

The construction will start in July 2018 and the works are scheduled to be completed in July 2019. The works will be conducted as a turn-key project.

AS Merko Infra´s main activities include building external networks of water, sewerage and gas pipelines, installing sewerage pump rooms and constructing and renovating storm water systems. Additionally, the company is engaged in designing, setting up and building medium- and high-voltage substations and electrical lines.

AS Merko Ehitus Eesti (www.merko.ee) is Estonian leading construction company, which offers construction services in general construction, civil engineering, road, electrical and residential construction.

Additional information: AS Merko Infra, Member of the Management Board, Boris Tehnikov, tel. +372 680 5105.

Priit Roosimägi
Head of Group Finance Unit
AS Merko Ehitus
+372 650 1250
priit.roosimagi@merko.ee

AS Merko Ehitus (group.merko.ee) group consists of Estonia’s leading construction company AS Merko Ehitus Eesti, the Latvian-market-oriented SIA Merks, UAB Merko Statyba that is operating on the Lithuanian market, Peritus Entreprenør AS construction company in Norway and the real estate development business unit along with real estate holding companies. As at the end of 2017, the group employed 757 people and the company’s 2017 revenue was EUR 317.6 million.

Invitation to Uponor’s half year results briefing

Uponor Corporation     Investor news     16 July 2018     10:00 EET

Invitation to Uponor’s half year results briefing

Uponor Corporation will publish its half year financial results on Wednesday, 25 July 2018 at 08:00 EET. The report will be available on the company’s IR website at investors.uponor.com.

A live webcast will be arranged for analysts, fund managers, investors and representatives of the media, starting at 10:00 EET. It will be hosted by President and CEO Jyri Luomakoski and CFO Maija Strandberg. The webcast will be available on Uponor’s IR website and IR app.

Questions can be sent in advance and during the briefing to ir@uponor.com, or via the live webcast.

Uponor Corporation

Susanna Inkinen
Vice President, Communications and Corporate Responsibility
Tel. +358 20 129 2081


DISTRIBUTION:
Nasdaq Helsinki
Media
www.uponor.com  
www.investors.uponor.com 


Uponor in brief

The year 2018 marks Uponor's 100-year anniversary. Our success is built on strong partnerships with our customers and stakeholders in the past, present and future.

Uponor is a leading international systems and solutions provider for safe drinking water delivery, energy-efficient radiant heating and cooling and reliable infrastructure. The company serves a variety of building markets including residential, commercial, industrial and civil engineering. Uponor employs about 4,000 employees in 30 countries, mainly in Europe and North America. In 2017, Uponor's net sales totalled nearly €1.2 billion. Uponor is based in Finland and listed on Nasdaq Helsinki. Uponor builds on you - www.uponor.com  

Heijmans to construct two new-build projects on Oostenburg Island in Amsterdam

Heijmans will be transforming the former industrial park on the Oostenburg Island in Amsterdam on two adjacent plots: a residential complex with homes for private sale and social rental housing for the housing association Stadgenoot, and a new hotel for Inntel Hotels. The estimated value of these contracts is approximately € 35 million.

Rental Housing for Stadgenoot
For the housing association Stadgenoot, Heijmans will construct a total of 54 apartments for private sale and 97 studios for council housing, as well as 500 m2 of office space. Several apartments on the ground floor are suitable for disabled persons. Residents of the apartments and studios can make use of various communal facilities, including a joint enclosed garden and a roof terrace. Three young architect firms are involved in the design: Bureau Fraai and Laura Alvarez Architecture from Amsterdam, and Architectuur Maken from Rotterdam. Construction work is expected to commence at the end of this year with completion planned for mid-2020. This contract is valued at approximately € 17 million.

New Inntel Hotel
Heijmans, as part of a construction team, will be constructing a luxurious four-star hotel along the VOC quay on Oostenburg Island for the Inntel Hotels hotel chain. The building will have 17 floors and will have space for 306 rooms. The low-rise portion of the building will have a restaurant, meeting rooms, wellness facilities and a terrace facing the quay. Construction will commence immediately after the summer holiday period and is expected to be complete by mid-2020. The contract for this segment is valued at approximately € 18 million.

About Heijmans
Heijmans is a listed company that combines activities related to property development, residential building, non-residential building and infrastructure in the Living, Working and Connecting areas of endeavour. We create added value for our clients by focusing on quality improvement, innovation and an integrated approach. Heijmans realizes projects for home buyers, companies and government entities and, together with them, builds on the spatial contours of tomorrow. For more information, visit www.heijmans.nl.


For additional information / not for publication:

Media
Marieke Swinkels-Verstappen
Communications
+31 73 543 52 17
mswinkels-verstappen@heijmans.nl

Analysts
Guido Peters
Investor Relations
+31 73 543 52 17
gpeters@heijmans.nl

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Corning to Invest in Manufacturing Facility for Automotive Glass Solutions

  
Retrofitted facility will be third Corning manufacturing site in Hefei, China

CORNING, N.Y.; JULY 16, 2018 - Corning Incorporated (NYSE: GLW) announced today that, with the support of the Hefei government, it will invest in an existing production facility in the Hefei Xinzhan Hi-Tech Industrial Development Zone in the Anhui Province, China, for its Automotive Glass Solutions business.

This facility, which Corning expects to be fully operational in 2019, will produce Corning Gorilla Glass for Automotive Interiors, a durable and optically advantaged cover glass solution specially designed for automotive interior applications. Retrofitting an existing facility will help Corning bring on new capacity quickly and efficiently in advancing the growth of its automotive glass solutions business.

"Corning is excited to be delivering technical glass solutions that address and accelerate the adoption of more dynamic and visually appealing in-vehicle infotainment systems. Our cover-glass innovations deliver advantaged performance and economics versus commodity materials and are driving significant pull for our products," said Michael Kunigonis, vice president and general manager, Corning Automotive Glass Solutions. "Corning's investment will deliver the capability, quality and capacity the auto industry needs to drive innovation and supply drivers with the connectivity and user experience they desire."

Corning's decades-long leadership in the display, mobile consumer electronics, and automotive markets positions the company to deliver advanced technical glass solutions and an extensive partner ecosystem to its auto glass customers. Corning helped create the first displays in 1947 with its television picture tubes and revolutionized the industry with LCD glass in the early 2000s. In the automotive industry, Corning has 40+ years of OEM market presence with its cellular ceramic substrates that take harmful emissions out of vehicle exhaust systems. For mobile consumer electronics, Corning has been a leading cover glass supplier for top OEMs since 2007, with Corning® Gorilla® Glass having been featured on more than five billion devices worldwide.

This manufacturing facility demonstrates Corning's continued commitment to China and marks the company's third investment in Hefei within the past three years. Corning Environmental Technologies announced a new facility focused on its gasoline particulate filter product line and Corning Display Technologies recently opened the world's largest LCD glass substrate facility to supply BOE, China's leading panel maker.

"Corning has been committed to the China auto industry since we first entered the China market in the early 1980s, and this investment underscores Corning's longstanding support of this market," said Li Fang, president and general manager, Corning Greater China. "Corning selects its manufacturing locations to be close to our customers, which makes Hefei an ideal location. Additionally, we have found Hefei to have excellent infrastructure and a solid base of skilled local talent. We appreciate the support we have received from the Hefei municipal government and the industrial development leadership from Anhui provincial officials."

Caution Concerning Forward-Looking Statements
This press release contains "forward-looking statements" (within the meaning of the Private Securities Litigation Reform Act of 1995), which are based on current expectations and assumptions about Corning's financial results and business operations, that involve substantial risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include: the effects of acquisitions, dispositions and other similar transactions by the Company, the effect of global business, financial, economic and political conditions; tariffs and import duties; currency fluctuations between the U.S. dollar and other currencies, primarily the Japanese yen, New Taiwan dollar, euro, Chinese yuan, and South Korean won; product demand and industry capacity; competitive products and pricing; availability and costs of critical components and materials; new product development and commercialization; order activity and demand from major customers; the amount and timing of our cash flows and earnings and other conditions, which may affect our ability to pay our quarterly dividend at the planned level or to repurchase shares at planned levels; possible disruption in commercial activities due to terrorist activity, cyber-attack, armed conflict, political or financial instability, natural disasters, or major health concerns; unanticipated disruption to equipment, facilities, IT systems or operations; effect of regulatory and legal developments; ability to pace capital spending to anticipated levels of customer demand; rate of technology change; ability to enforce patents and protect intellectual property and trade secrets; adverse litigation; product and components performance issues; retention of key personnel; customer ability, most notably in the Display Technologies segment, to maintain profitable operations and obtain financing to fund their ongoing operations and manufacturing expansions and pay their receivables when due; loss of significant customers; changes in tax laws and regulations including the Tax Cuts and Jobs Act of 2017; and the potential impact of legislation, government regulations, and other government action and investigations.

For a complete listing of risks and other factors, please reference the risk factors and forward-looking statements described in our annual reports on Form 10-K and quarterly reports on Form 10-Q. Forward-looking statements speak only as of the day that they are made, and Corning undertakes no obligation to update them in light of new information or future events.

Web Disclosure
In accordance with guidance provided by the SEC regarding the use of company websites and social media channels to disclose material information, Corning Incorporated ("Corning") wishes to notify investors, media, and other interested parties that it uses its website (http://www.corning.com/worldwide/en/about-us/news-events.html) to publish important information about the company, including information that may be deemed material to investors, or supplemental to information contained in this or other press releases. The list of websites and social media channels that the company uses may be updated on Corning's media and website from time to time. Corning encourages investors, media, and other interested parties to review the information Corning may publish through its website and social media channels as described above, in addition to the company's SEC filings, press releases, conference calls, and webcasts.

About Corning Incorporated
Corning (www.corning.com) is one of the world's leading innovators in materials science, with a more than 165-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramic science, and optical physics along with its deep manufacturing and engineering capabilities to develop category-defining products that transform industries and enhance people's lives. Corning succeeds through sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries.


Corning's capabilities are versatile and synergistic, which allows the company to evolve to meet changing market needs, while also helping our customers capture new opportunities in dynamic industries. Today, Corning's markets include optical communications, mobile consumer electronics, display technology, automotive, and life sciences vessels. Corning's industry-leading products include damage-resistant cover glass for mobile devices; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for state-of-the-art communications networks; trusted products to accelerate drug discovery and delivery; and clean-air technologies for cars and trucks.

Media Relations Contacts:                          

United States
Anna Giambrone                                
(607) 974-5933                                              
giambronai@corning.com

China
Cara Xie
86-21-2215-2888
XieZ3@corning.com

Investor Relations Contact:
Ann H.S. Nicholson
(607) 974-6716
nicholsoas@corning.com

Follow CorningRSS Feeds | Facebook | Twitter | YouTube

Coda Octopus Group Enters into a Navy Cooperative Research And Development Agreement with Naval Surface Warfare Center, Panama City Division for Naval Real-Time 3D Imaging Head Up Display Diver Solution

  • U.S. Naval Sea Systems Command plan for multi-generation of development of real time 3D DAVD-HUD was outlined at Undersea Defence Technology 2018 conference;
  • Program to transition Divers Augmented Vision Display-Head Up Display System (DAVD-HUD) prototype into Gen 1 system ready for operational use within 12 months; technology to transition from CRADA to Exclusive Invention Licensing Agreement;
  • CODA project scope expanded from visualization software to productize the full system including 3D sonar, diver helmet hardware and surface electronics;
  • DAVD-HUD will be an “Authorized for Navy Use” (ANU) product available for supply across the U.S. Navy and military.
  • Coda Octopus’s proprietary commercial sonar technology, Echoscope®, would also be added to the ANU list.

ORLANDO, FL, July 16, 2018 – Coda Octopus Group, Inc. (CODA) (Nasdaq:CODA) a global leader in real-time 3D sonar technology and real-time subsea intelligence, announced the Company has entered into a Navy Cooperative Research Development Agreement (CRADA) to transition the prototype of the Divers Augmented Vision Display-Head Up Display system (DAVD-HUD) into a complete system that is ready for operational use, with Naval Surface Warfare Center Panama City Division (NSWC PCD). The DAVD-HUD first generation system (Gen 1), along with an outline plan for the development of the second, third and fourth generations of the DAVD-HUD, were unveiled by Mr. Paul D. McMurtrie, Diving Equipment RDT&E Program Manager for Naval Sea Systems Command 0038 at the Undersea Defence Technology 2018 conference held June 27, 2018 in Glasgow, Scotland.

The outline plan indicates that the DAVD-HUD product will advance military naval activities significantly, and is considered a critical deliverable to Naval Sea Systems Command (NAVSEA) and other naval bodies. The prototype DAVD-HUD, which includes CODA’s real-time 3D visualization software, has been successfully trialed and evaluated by divers, as well as astronauts, generating much interest for the product and its capability across numerous naval bodies. The internal naval sponsors of the program have grown substantially since Coda became involved in 2016, as the trials and evaluations have conclusively shown the significant benefits and advancement that the DAVD-HUD will bring to naval operations. Speaking at the conference, Mr. McMurtrie described a four-phase multi-generational development program through 2025, with CODA as the program’s partner that will work in conjunction with NSWC PCD to deliver this critical and state-of-the-art advancement to the military community.

Under the terms of the CRADA, CODA, in collaboration with NSWC PCD, will transition the existing prototype to a first-generation operational system in production no later than 12 months from the date of the CRADA. CODA would then be granted an Exclusive Invention Licensing Agreement to produce and supply the complete system of software and hardware to the Navy and military community. Once released for sale, the DAVD-HUD, along with CODA’s real-time 3D sonar and 3D visualization software which is branded commercially as Echoscope®, will be an “Authorized for Navy Use” (ANU) item, allowing these products to be purchased by the U.S. Navy and U.S. Allies.

The agreement to transition and develop the DAVD-HUD prototype is an expansion of CODA’s original brief on program. CODA received U.S. Government funding for the development of the 3D visualization software to be used with the DAVD prototype that was using 2D imaging sonar data. CODA was tasked to bring real-time 3D sonar and diver tracking into the DAVD – displayed simultaneously in real time for both divers in the water and diving operations’ supervisors on the surface, to use to navigate to targets, identify specific targets and conduct operations, such as repair work. The new scope of work extends to developing the second, third and fourth generations of the complete DAVD-HUD, including the helmet with all electronics, as well as the real-time 3D sonar and 3D visualization software.

Annmarie Gayle, Coda Octopus Group’s Chairman and CEO said: “I am very excited and pleased that we have been given this significant opportunity to take forward the initial vision of the DAVD-HUD into a real-time, real-world application that will greatly advance defense and military applications. This is a significant development for Coda Octopus as it positions the Company to roll out its unique real-time 3D capabilities, both hardware and software, across the Navy – a very important group of users. This is a seismic shift as it paves the way for standardization of our real-time 3D sonar products into this very important market. Although we are on a 12-month contractual commitment to develop the first generation of the DAVD-HUD, we intend to deliver this much sooner and get this critical product into operation across the Navy Community.”

For further information, see CODA’s news release, “Coda Octopus Group Awarded Contract to Advance U.S. Naval Diving Operations with State-of-the-art Real-time 3D Subsea Intelligence for Next Generation Wearable Head Up Display with Embedded Software” (February 5, 2018).

About Coda Octopus Group, Inc.

Originally founded in 1994 as Coda Technologies, the Coda Octopus Group’s patented real-time 3D subsea sonar technology, Echoscope®, enables real-time 3D imaging and mapping in zero visibility conditions underwater, and is used globally in numerous applications including defense, marine construction, oil and gas subsea infrastructure installation and surveys, and port and harbor security. For further information, please visit http://www.codaoctopusgroup.com or contact us at: cogi@codaoctopusgroup.com.

About Naval Surface Warfare Center Panama City Division (NSWC PCD)

The mission of Naval Surface Warfare Center Panama City Division is to conduct research, development, test and evaluation, and In-Service support of Mine Countermeasure Systems, Naval Sea Mine Systems, Naval Special Warfare Systems, Amphibious & Expeditionary Maneuver Warfare Systems and support all other systems that occur primarily in coastal or littoral regions. Today, Naval Surface Warfare Center Panama City Division is one of the major research, development, test and evaluation laboratories in the U.S. Navy and boasts a wide base of expertise in engineering and scientific disciplines. By October 2017, the command employed more than 1,400 civilian employees of which over 800 were scientists and engineers. NSWC PCD prides itself of being good stewards of the environment and taxpayer dollar. The command has a business base of more than $400 million of which $330 million goes back into the State of Florida through labor dollars, contract services, and local goods. For further information, please visit http://www.navsea.navy.mil/Home/Warfare-Centers/NSWC-Panama-City/.

Forward Looking Statement

This press release contains forward-looking statements concerning Coda Octopus Group, Inc. within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Those forward-looking statements include, without limitation, statements regarding the Company's expectations for the growth of the Company's operations and revenue. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include, but are not limited to, customer demand for our products and market prices; the outcome of our ongoing research and development efforts relating to our products including our patented real time 3D solutions; our ability to develop the sales force required to achieve our development and other examples of forward looking statement set forth in our Annual Report on Form 10-K filed with the Securities and Exchange Commission on January 30, 2018. Coda Octopus Group, Inc. does not undertake, and specifically disclaims any obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur.

Contact:

MDC Group
Investor Relations:
David Castaneda
Arsen Mugurdumov
414.351.9758

Media Relations:
Susan Roush
805.624.7624

Construction contract in Estonia (Kiini substation, Viljandi county)

On 16 July 2018, AS Merko Infra, part of AS Merko Ehitus group, Elering AS and Elekrilevi OÜ entered into a contract for the construction of Kiini 110 kV substation.

In Kiini‘s new substation a 110 kV and a 20 kV switchgear will be built together with substation building and access road.

The contract value is approximately EUR 1.68 million, plus value added tax.

The construction will start in July 2018 and the works are scheduled to be completed in July 2019. The works will be conducted as a turn-key project.

AS Merko Infra´s main activities include building external networks of water, sewerage and gas pipelines, installing sewerage pump rooms and constructing and renovating storm water systems. Additionally, the company is engaged in designing, setting up and building medium- and high-voltage substations and electrical lines.

AS Merko Ehitus Eesti (www.merko.ee) is Estonian leading construction company, which offers construction services in general construction, civil engineering, road, electrical and residential construction.

Additional information: AS Merko Infra, Member of the Management Board, Boris Tehnikov, tel. +372 680 5105.

Priit Roosimägi
Head of Group Finance Unit
AS Merko Ehitus
+372 650 1250
priit.roosimagi@merko.ee

AS Merko Ehitus (group.merko.ee) group consists of Estonia’s leading construction company AS Merko Ehitus Eesti, the Latvian-market-oriented SIA Merks, UAB Merko Statyba that is operating on the Lithuanian market, Peritus Entreprenør AS construction company in Norway and the real estate development business unit along with real estate holding companies. As at the end of 2017, the group employed 757 people and the company’s 2017 revenue was EUR 317.6 million.

Invitation to Uponor’s half year results briefing

Uponor Corporation     Investor news     16 July 2018     10:00 EET

Invitation to Uponor’s half year results briefing

Uponor Corporation will publish its half year financial results on Wednesday, 25 July 2018 at 08:00 EET. The report will be available on the company’s IR website at investors.uponor.com.

A live webcast will be arranged for analysts, fund managers, investors and representatives of the media, starting at 10:00 EET. It will be hosted by President and CEO Jyri Luomakoski and CFO Maija Strandberg. The webcast will be available on Uponor’s IR website and IR app.

Questions can be sent in advance and during the briefing to ir@uponor.com, or via the live webcast.

Uponor Corporation

Susanna Inkinen
Vice President, Communications and Corporate Responsibility
Tel. +358 20 129 2081


DISTRIBUTION:
Nasdaq Helsinki
Media
www.uponor.com  
www.investors.uponor.com 


Uponor in brief

The year 2018 marks Uponor's 100-year anniversary. Our success is built on strong partnerships with our customers and stakeholders in the past, present and future.

Uponor is a leading international systems and solutions provider for safe drinking water delivery, energy-efficient radiant heating and cooling and reliable infrastructure. The company serves a variety of building markets including residential, commercial, industrial and civil engineering. Uponor employs about 4,000 employees in 30 countries, mainly in Europe and North America. In 2017, Uponor's net sales totalled nearly €1.2 billion. Uponor is based in Finland and listed on Nasdaq Helsinki. Uponor builds on you - www.uponor.com  

Heijmans to construct two new-build projects on Oostenburg Island in Amsterdam

Heijmans will be transforming the former industrial park on the Oostenburg Island in Amsterdam on two adjacent plots: a residential complex with homes for private sale and social rental housing for the housing association Stadgenoot, and a new hotel for Inntel Hotels. The estimated value of these contracts is approximately € 35 million.

Rental Housing for Stadgenoot
For the housing association Stadgenoot, Heijmans will construct a total of 54 apartments for private sale and 97 studios for council housing, as well as 500 m2 of office space. Several apartments on the ground floor are suitable for disabled persons. Residents of the apartments and studios can make use of various communal facilities, including a joint enclosed garden and a roof terrace. Three young architect firms are involved in the design: Bureau Fraai and Laura Alvarez Architecture from Amsterdam, and Architectuur Maken from Rotterdam. Construction work is expected to commence at the end of this year with completion planned for mid-2020. This contract is valued at approximately € 17 million.

New Inntel Hotel
Heijmans, as part of a construction team, will be constructing a luxurious four-star hotel along the VOC quay on Oostenburg Island for the Inntel Hotels hotel chain. The building will have 17 floors and will have space for 306 rooms. The low-rise portion of the building will have a restaurant, meeting rooms, wellness facilities and a terrace facing the quay. Construction will commence immediately after the summer holiday period and is expected to be complete by mid-2020. The contract for this segment is valued at approximately € 18 million.

About Heijmans
Heijmans is a listed company that combines activities related to property development, residential building, non-residential building and infrastructure in the Living, Working and Connecting areas of endeavour. We create added value for our clients by focusing on quality improvement, innovation and an integrated approach. Heijmans realizes projects for home buyers, companies and government entities and, together with them, builds on the spatial contours of tomorrow. For more information, visit www.heijmans.nl.


For additional information / not for publication:

Media
Marieke Swinkels-Verstappen
Communications
+31 73 543 52 17
mswinkels-verstappen@heijmans.nl

Analysts
Guido Peters
Investor Relations
+31 73 543 52 17
gpeters@heijmans.nl

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ABB Ltd. ( NYSE:ABB ), ABB is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB group of companies operates in some 100 countries and employs approximately 120,000 people. In Canada ( www.abb.ca ), ABB employs over 2,000 people in 26 locations from coast to coast.

Abbey plc ( LSE:ABBY.L ) main activities are residential housing developments in the UK, Ireland and Prague.

Acciona SA ( OTC:ACXIF ; MCE:ANA.MC ) is one of the foremost Spanish business corporations, leader in the development and management of infrastructure, renewable energy, water and services. ACCIONA Construction is at the forefront in R&D+ and one of the leading construction companies in the world, using the latest techniques to carry out projects. ACCIONA Construction covers the whole range of construction , from engineering to the performance of works and their later maintenance, and also the management of public works concessions, particularly in the field of transport and social infrastructures.

Acuity Brands, Inc., ( NYSE:AYI ) is a North American market leader and one of the world`s leading providers of luminaires, lighting control systems and related products and services with fiscal year 2010 net sales of over $1.6 billion. The Company`s lighting and system control product lines include Lithonia Lighting®, Holophane®, Peerless®, Mark Architectural Lighting(TM), Hydrel®, American Electric Lighting®, Gotham®, Carandini®, RELOC®, Antique Street Lamps(TM), Tersen®, Winona® Lighting, Syner­gy® Lighting Controls, Sensor Switch®, Lighting Control & Design(TM), Dark to Light®, ROAM®, Sunoptics®,  acculampTM) and Healthcare Lighting®. Headquartered in Atlanta, Georgia, Acuity Brands employs ap­proximately 6,000 associates and has operations throughout North America, Europe and Asia.

AECOM Technology Corporation ( NYSE:ACM ) is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 45,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation, and technical excellence in delivering solutions that enhance and sustain the world's built, natural, and social environments. A Fortune 500 company, AECOM serves clients in more than 100 countries and had revenue of $6.1 billion during its fiscal year 2009.

Aecon Group Inc. ( TSX:ARE.TO ) As the largest publicly traded construction and infrastructure development company in Canada, our expertise covers the full range of services, including design and construction, financing, operating, procurement and project management.

Aerofoam Metals Inc. ( OTCPK:AFML ) under the brand Aerometal, manufactures foamed aluminum products for applications in automotive, defense, and aerospace industries.

Alumasc Group plc ( LSE:ALU.L ) is a UK based supplier of premium building and precision engineering products. The majority of the group's business is in the area of sustainable building products which enable customers to manage energy and water use in the built environment. We believe that growth rates in these sectors, through the construction cycle, will exceed UK industry averages.

AMCOL International Corporation ( NYSE:ACO ) produces and markets a wide range of specialty minerals and materials used for industrial, environmental and consumer-related applications. AMCOL operates four primary segments: Minerals & Materials, Environmental, Oilfield Services and Transportation, providing a diverse range of products and services. Major markets served include metalcasting, detergents, pet products, building materials and personal care.

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