Monthly Archives: December 2019

Applied Minerals Enters into Multi-Year Iron Oxide Supply Agreement

NEW YORK, NY / ACCESSWIRE / December 9, 2019 / Applied Minerals, Inc. (the "Company" or "Applied Minerals") (OTCQB:AMNL), a leading global producer of halloysite clay, under the trade name DRAGONITE, and advanced natural iron oxides, under the trade name AMIRON, is pleased to announce it has entered into a definitive agreement with one of the largest cement manufacturers in the United States to supply up to 30,000 tons per year of crushed, unmilled iron oxide for a two-year period. The Company has commenced delivery with respect to this agreement.

Iron oxide is a key ingredient in the production of cement. A number of cement producers have tested the Company's iron oxide and have determined it meets their production requirements. The Company believes the mercury content of its iron oxide falls below the maximum levels allowed by most cement producers.

"We are very excited to identify this additional market for our iron oxide product. While our primary focus is still on the continued commercialization of our halloysite resource, the exploitation of our iron oxide resource will provide the Company an additional source of cash flow. We are focused on developing other customers within the cement industry for our iron oxide product," says Mario Concha, CEO of Applied Minerals.

The Company's ultimate goal is to scale its production of iron oxide to 100,000 to 200,000 tons per year. The most recent resource study performed for the Company's mine indicates that it has the capacity to supply at these levels for at least 15 years.

About Applied Minerals

Applied Minerals is the leading producer of halloysite clay and advanced natural iron oxide solutions from its wholly owned Dragon Mine property in Utah. Halloysite is aluminosilicate clay that forms naturally occurring nanotubes. In addition to serving the traditional halloysite markets for use in technical ceramics and catalytic applications, the Company has developed niche applications that benefit from the tubular morphology of its halloysite. These applications include carriers of active ingredients in paints, coatings and building materials, environmental remediation, agricultural applications and high-performance additives and fillers for plastic composites. Applied Minerals markets its halloysite products under the DRAGONITE™ trade name.

From its Dragon Mine property, the Company also produces a range of ultra-pure natural iron oxides consisting of hematite and goethite. Combining ultra-high purity and consistent quality, the inherent properties of the iron oxide from the Dragon Mine allow for a wide range of end uses in pigment and technical applications. Applied Minerals markets its comprehensive line of advanced natural iron oxide pigments under the AMIRON™ trade name. Additional information on the Company can be found at www.appliedminerals.com and www.AMIRONoxides.com.

Safe Harbor Statements

The following are safe harbor statements under the Private Securities Litigation Reform Act of 1995 for Applied Minerals, Inc. Some statements contained or implied in this news release may be considered forward-looking statements, which by their nature are uncertain. Consequently, actual results could materially differ. For more detailed information concerning how risks and uncertainties could affect the Company's revenue pipeline, please refer to Applied Minerals' most recent annual and quarterly reports filed with the SEC. The Company assumes no obligation to update any forward-looking information.

IR Contact:
Richard P. Brown
978-767-0048
rbrown@appliedminerals.com

SOURCE: Applied Minerals, Inc.

ReleaseID: 569521

Lifequest World Corp Subsidiary Biopipe Global Successfully Completes Installation and Commissioning of First 2 Plants in India; Ready to Ship 1 Plant to South Africa and Awaits Release of 1 Plant by Customs in Bangladesh

RIDGEFIELD PARK, NJ / ACCESSWIRE / December 9, 2019 / Biopipe Global Corp., a wholly-owned subsidiary of Lifequest World Corp (OTC PINK:LQWC) with its JV partner has successfully installed and commissioned 10m3 and 30m3 plants at hotels in India. We are also ready to ship a 30m3 plant to South Africa and await the release of a 108m3 plant by customs in Bangladesh.

Mr. Senthil Kumar, President, CEO of our JV, Biopipe Global India stated that "we are thrilled with the results and how quickly we have been able to procure, install and commission the first two plants. We have targeted the hotels first because as of Jan 1, 2020, all hotels with kitchen and laundry must have a sewage treatment plant (STP) on site. There are approximately 1,784,000 hotels in India and Biopipe's small footprint and versatility makes it an ideal, if not the only STP solution for hotels. Everyone was waiting for the demo plants to be fully commissioned and with full EPC capability in place, our focus is now on building our sales pipeline, which continues to grow. We expect to install approximately 1,000m3 in the next 3 to 4 months."

Enes Kutluca, the CEO of Biopipe said, "We are extremely pleased with Mr. Senthil's team's ability to not only overcome initial hurdles but also their ability to assemble, install and commission a plant with limited engagement from our side. We are now very confident that this will allow us to scale very quickly in India."

In South Africa, our focus is on leasing and build own operate (BOO) projects and about to ship the first plant that will be installed at a prominent college in Eastern Cape. Our JV partner, Abrimix expects several orders to follow, once we have successfully commissioned and met the effluent discharge standards. We are confident of meeting the discharge standards. These plants will be leased and expect them to generate significant cashflow for the Company over a long period.

About Biopipe

Biopipe, a wholly owned subsidiary of Lifequest, has developed a patented 100% sludge free, chemical free, odor free, silent, easy to assemble and install, scalable, low cost, ecological and virtually maintenance free sewage wastewater treatment system. The treated water exceeds EU Standards for discharge and can be reused for irrigation, flushing and cleaning.

www.biopipe.co

www.lifequestcorp.com

Contact: media@lifequestcorp.com or +1 646-201-5242

www.environestglobal.com

Contact: infotank@environestglobal.com or +91-8220595903

This press release contains forward-looking statements that reflect the Company's current beliefs, expectations or intentions regarding future events. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as "will," "will be," "anticipate," "predict," "expect" "continue," "future," and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of the Company and are difficult to predict. Examples of such risks and uncertainties include, but are not limited to: future revenues, expenditures, capital, the adequacy of the Company's current cash and working capital to fund present and planned operations, and the growth through joint ventures. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, can be found in our current Disclosure Statements at www.otcmarkets.com. The Company anticipates that subsequent events and developments may cause views and expectations to change. The Company assumes no obligation, and specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: Lifequest World Corp

ReleaseID: 569512

Cameron Taylor acquires Common Shares

REGINA, SASKATCHEWAN / ACCESSWIRE / December 9, 2019 / Cameron Taylor, a current insider of Petrodorado Energy Ltd. ("Petrodorado" or the "Company") by virtue of being an officer of the Company through his holdings personally announces that effective November 27, 2019 he has acquired a total of 6,956,521 common shares in the capital of the Company ("Common Shares") from treasury pursuant to the closing of an acquisition (the "Acquisition") of all of the issued and outstanding shares in the capital of ROK Resources Inc. ("ROK"), a company of which Mr. Taylor was a significant shareholder, pursuant to which Petrodorado issued an aggregate of 20 million Common Shares to the shareholders of ROK. Prior to completion of the issuance, Mr. Taylor did not own or exercise control over any Common Shares. Following the Acquisition, Mr. Taylor holds a total of 6,956,521 Common Shares, representing approximately 16.08% of the issued and outstanding 43,274,268 Common Shares on an undiluted basis and approximately 12.92% of the issued and outstanding 53,850,935 Common Shares on a fully diluted basis (assuming exercise of all of the issued and outstanding 3,910,000 stock options and all 6,666,667 of the issued and outstanding common share purchase warrants of the Company).

Mr. Taylor has acquired the Common Shares by virtue of his being a shareholder of ROK and for investment purposes and from time to time, Mr. Taylor may acquire additional securities of Petrodorado, dispose of some or all of the existing or additional securities he holds or will hold, or may continue to hold his current position. All such transactions will be reported on SEDI as Mr. Taylor is a current insider of the Company.

An early warning report is being filed concurrently with this news release under Petrodorado's SEDAR profile at www.sedar.com and a copy of the report may be obtained from SEDAR or by contacting Mr. Taylor at the address below.

For more information contact:

Cameron Taylor
200 – 1965 Broad Street
Regina, SK
S4P 1Y1

SOURCE: Petrodorado Energy Ltd.

ReleaseID: 569478

Jared Lukomski acquires Common Shares

REGINA, SASKATCHEWAN / ACCESSWIRE / December 9, 2019 / Jared Lukomski, a current insider of Petrodorado Energy Ltd. ("Petrodorado" or the "Company") by virtue of being an officer of the Company through his holdings personally and together with his spouse, Renee Lukomski announces that effective November 27, 2019 he has acquired a total of 6,956,521 common shares in the capital of the Company ("Common Shares") from treasury pursuant to the closing of an acquisition (the "Acquisition") of all of the issued and outstanding shares in the capital of ROK Resources Inc. ("ROK"), a company of which Mr. Lukomski was a significant shareholder, pursuant to which Petrodorado issued an aggregate of 20 million Common Shares to the shareholders of ROK. Prior to completion of the issuance, Mr. Lukomski did not own or exercise control over any Common Shares. Following the Acquisition, Mr. Lukomski holds a total of 6,956,521 Common Shares, representing approximately 16.08% of the issued and outstanding 43,274,268 Common Shares on an undiluted basis and approximately 12.92% of the issued and outstanding 53,850,935 Common Shares on a fully diluted basis (assuming exercise of all of the issued and outstanding 3,910,000 stock options and all 6,666,667 of the issued and outstanding common share purchase warrants of the Company).

Mr. Lukomski has acquired the Common Shares by virtue of his being a shareholder of ROK and for investment purposes and from time to time, Mr. Lukomski may acquire additional securities of Petrodorado, dispose of some or all of the existing or additional securities he holds or will hold, or may continue to hold his current position. All such transactions will be reported on SEDI as Mr. Lukomski is a current insider of the Company.

An early warning report is being filed concurrently with this news release under Petrodorado's SEDAR profile at www.sedar.com and a copy of the report may be obtained from SEDAR or by contacting Mr. Lukomski at the address below.

For more information contact:

Jared Lukomski
200 – 1965 Broad Street
Regina, SK S4P 1Y1

SOURCE: Petrodorado Energy Ltd.

ReleaseID: 569477

Bryden Wright acquires Common Shares

REGINA, SASKATCHEWAN / ACCESSWIRE / December 9, 2019 / Bryden Wright, a current insider of Petrodorado Energy Ltd. ("Petrodorado" or the "Company") by virtue of being an officer of the Company through his holdings personally and together with his spouse, Alison Wright, announces that effective November 27, 2019 he has acquired a total of 5,217,392 common shares in the capital of the Company ("Common Shares") from treasury pursuant to the closing of an acquisition (the "Acquisition") of all of the issued and outstanding shares in the capital of ROK Resources Inc. ("ROK"), a company of which Mr. Wright was a significant shareholder, pursuant to which Petrodorado issued an aggregate of 20 million Common Shares to the shareholders of ROK. Prior to completion of the issuance, Mr. Wright did not own or exercise control over any Common Shares. Following the Acquisition, Mr. Wright holds a total of 5,217,392 Common Shares, representing approximately 12.06% of the issued and outstanding 43,274,268 Common Shares on an undiluted basis and approximately 9.69% of the issued and outstanding 53,850,935 Common Shares on a fully diluted basis (assuming exercise of all of the issued and outstanding 3,910,000 stock options and all 6,666,667 of the issued and outstanding common share purchase warrants of the Company).

Mr. Wright has acquired the Common Shares by virtue of his being a shareholder of ROK and for investment purposes and from time to time, Mr. Wright may acquire additional securities of Petrodorado, dispose of some or all of the existing or additional securities he holds or will hold, or may continue to hold his current position. All such transactions will be reported on SEDI as Mr. Wright is a current insider of the Company.

An early warning report is being filed concurrently with this news release under Petrodorado's SEDAR profile at www.sedar.com and a copy of the report may be obtained from SEDAR or by contacting Mr. Wright at the address below.

For more information contact:

Bryden Wright
200-1965 Broad St
Regina, SK
S4P 1Y1

SOURCE: Petrodorado Energy Ltd.

ReleaseID: 569476

Roof Coating Company in Los Angeles CA, Modern Roofing, Inc., Launches New Service

Modern Roofing, Inc. Now Offers Roof Coating, Which Will Protect the Roof Against the Strong Rays of the Southern California Sun

BURBANK, CA / ACCESSWIRE / December 9, 2019 / Modern Roofing Inc., a roof coating company in Los Angeles, CA, recently added roof coating to their list of available services.

To read more about Modern Roofing and their roof installation and other Los Angeles roofing services, visit http://www.thebluebook.com/iProview/1191081.

The founders of Modern Roofing pride themselves on providing specialty, commercial and residential roofing Los Angeles home and business owners can rely on. In their continuing effort to be a top roofing company in Los Angeles and offer the best possible customer service to their valued clients, the founders are always looking into new services.

Recently, the founders decided to start offering roofing coating in Los Angeles. As a company spokesperson noted, roof coatings can help to extend the life of a roof. Because they are thicker than paint, roof coatings are also designed to protect a roof against the harsh UV rays of the bright California sun, as well as from wind and rain.

In addition to the new roof coating service, Modern Roofing will still offer a wide variety of other services including roof inspections and roof repair in Los Angeles. The founders are proud to specialize in all types of residential and commercial roofing, and they take pride in being professional, affordable, honest and fair to their customers.

"We've served thousands of satisfied customers and have grown to become one of the most reputable residential roofing companies in the Los Angeles area, in the Santa Barbara area, and in the nation," the spokesperson noted, adding that they are proud to offer top-of-the-line service to all of their clients.

That's how we've always done business, and we don't plan on changing it.

About Modern Roofing, Inc.:

Modern Roofing, Inc. is made up of a team of professional roofers that can handle roof repair throughout Los Angeles, California, as well as roof replacements on residential roofs, commercial roofs, or specialty roofs. They are one of the top roofing companies in greater Los Angeles and work on a wide variety of jobs, including roofs made from composition shingles, asphalt roofs, metal roofing, tile roofs, flat roofs, roof coating, PVC, single ply roofing and more. For more information, please visit https://modernroofing.net/.

Modern Roofing, Inc.
2325 W. Victory Blvd., #13
Burbank, CA 91506

Contact:

Mario R. Tudela

mario@modernroofing.net

1 (800) NEW-ROOF – (800) 639-7663

SOURCE: Modern Roofing Inc.

ReleaseID: 569529

Oncolytics Biotech(R) Announces Positive Multiple Myeloma Data Presented at the 61st Annual Meeting & Exposition of the American Society of Hematology

Pre-clinical and clinical data demonstrate synergies between pelareorep and the proteasome inhibitor carfilzomib through inflammation, apoptosis and tumor responses

Data provides scientific rationale supporting the ongoing phase 1b trial in multiple myeloma patients

SAN DIEGO, CA and CALGARY, AB / ACCESSWIRE / December 9, 2019 / Oncolytics Biotech® Inc. (NASDAQ:ONCY)(TSX:ONC), currently developing pelareorep, an intravenously delivered immuno-oncolytic virus, today announced that a poster presentation was given over the weekend highlighting pre-clinical and clinical results of combining pelareorep with the proteasome inhibitor carfilzomib in the treatment of multiple myeloma. The presentation was given on Saturday, December 7 as part of the 2019 American Society of Hematology Annual Meeting & Exhibition.

The poster, titled, "Carfilzomib Impairs the Innate Antiviral Immune Response and promotes cytotoxic T-cell Expansion in Oncolytic Virus Treated Multiple Myeloma Patients" describes synergies between proteasome inhibitors and pelareorep concerning immune cell changes and response in myeloma patients.

"These findings demonstrate that pelareorep, in combination with carfilzomib, infects multiple myeloma cells, thereby providing a strong scientific rationale regarding immune cell changes," said Dr. Rita Laeufle, Chief Medical Officer at Oncolytics Biotech. "The combination of carfilzomib and pelareorep promotes expansion of killer T cells in patients on an ongoing phase 1b study and how it may lead to tumor response when pelareorep is combined with proteasome inhibitors. We are confident that pelareorep could add significant clinical value to the treatment of multiple myeloma patients with the combination of these agents. Our first data in patients from an ongoing study has been very encouraging and further data will be presented at subsequent clinical conferences."

Key data and conclusions:

Demonstrated that pelareorep treatment selectively infected multiple myeloma cells and not normal bone marrow cells
Carfilzomib enhances reovirus entry, infection, and killing of multiple myeloma cells
Reovirus significantly increases the frequency and activation of certain killer T cells, and increases the anti-tumor activity of immune cells in multiple myeloma
Data supports that the combination of pelareorep, and carfilzomib potentiates the expansion of CD8+ killer T cells

The poster presentation was authored by Dr. Flavia Pichiorri, Associate Professor in the Judy and Bernard Briskin Center for Multiple Myeloma Research within the Hematologic Malignancies and Stem Cell Transplantation Institute at the City of Hope, et al. The poster can be found on the Posters & Publications page of Oncolytics' website, https://www.oncolyticsbiotech.com/technology/posters-publications.

Title: Carfilzomib Impairs the Innate Antiviral Immune Response and promotes cytotoxic T-cell Expansion in Oncolytic Virus Treated Multiple Myeloma Patients

Number: 1816
Presenter: Dr. Flavia Pichiorri
Program: Oral and Poster Abstracts
Session: 652. Myeloma: Pathophysiology and Pre-Clinical Studies, excluding Therapy: Poster I

About Pelareorep

Pelareorep is a non-pathogenic, proprietary isolate of the unmodified reovirus: a first-in-class intravenously delivered immuno-oncolytic virus for the treatment of solid tumors and hematological malignancies. The compound induces selective tumor lysis and promotes an inflamed tumor phenotype through innate and adaptive immune responses to treat a variety of cancers and has been demonstrated to be able to escape neutralizing antibodies found in patients.

About Oncolytics Biotech Inc.

Oncolytics is a biotechnology company developing pelareorep, an intravenously delivered immuno-oncolytic virus. The compound induces selective tumor lysis and promotes an inflamed tumor phenotype – turning "cold" tumors "hot" – through innate and adaptive immune responses to treat a variety of cancers. Pelareorep has demonstrated synergies with immune checkpoint inhibitors and may also be synergistic with other approved immuno-oncology agents. Oncolytics is currently conducting and planning additional studies in combination with checkpoint inhibitors and targeted therapies in solid and hematological malignancies, as it prepares for a phase 3 registration study in metastatic breast cancer. For further information, please visit: www.oncolyticsbiotech.com.

This press release contains forward-looking statements, within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended and forward-looking information under applicable Canadian securities laws (such forward-looking statements and forward-looking information are collectively referred to herein as "forward-looking statements"). Forward-looking statements, including the Company's belief as to the potential and mode of action of REOLYSIN, also known as pelareorep, as a cancer therapeutic; and other statements related to anticipated developments in the Company's business and technologies involve known and unknown risks and uncertainties, which could cause the Company's actual results to differ materially from those in the forward-looking statements. Such risks and uncertainties include, among others, the availability of funds and resources to pursue research and development projects, the efficacy of pelareorep as a cancer treatment, the success and timely completion of clinical studies and trials, the Company's ability to successfully commercialize pelareorep, uncertainties related to the research and development of pharmaceuticals, uncertainties related to the regulatory process and general changes to the economic environment. Investors should consult the Company's quarterly and annual filings with the Canadian and U.S. securities commissions for additional information on risks and uncertainties relating to the forward-looking statements. Investors are cautioned against placing undue reliance on forward-looking statements. The Company does not undertake to update these forward-looking statements, except as required by applicable laws.

Company Contact
Michael Moore
Vice President, Investor Relations & Corporate Communications
858-886-7813
mmoore@oncolytics.ca

Investor Relations
Timothy McCarthy
LifeSci Advisors
212.915.2564
tim@lifesciadvisors.com

Media Contact
Jason Spark
Canale Communications
619-849-6005
jason@canalecomm.com

SOURCE: Oncolytics Biotech® Inc.

ReleaseID: 569513

Global Corneal Implants Market 2019-2025 Major Key Players ,Technology Advancement and Application

The notable feature Corneal Implants Market report is, it has been summarized with market dynamics such as drivers, restraints, and opportunities.

Pune, India – December 9, 2019 /MarketersMedia/

The latest report found on WiseGuy Reports (WGR) has given an informative overview of the industry with a short explanation. This overview provides information about the product/service, the primary applications of this product/service, and its end-users. It also mentions different production and management technologies and technological developments for the same. The global Corneal Implants market report found on WiseGuy Reports (WGR) has discussed the market in depth. The report has also mentioned different industry trends, market dynamics, competitive landscape, and a detailed analysis of the market based on various regional segments for the forecast period of 2019 to 2025.

Market Dynamics

The report has explored several factors that are attributable to the accelerated growth noted in the global Corneal Implants market. This includes various volume trends, pricing history of the product/service, and the value of this product/service. Some prominent factors contributing to the ascension of the global Corneal Implants market include a mounting worldwide population, fast-paced technological innovations noted in the market, and the demand and supply dynamics influencing the growth of the market. Other than that, the report has discussed various policies introduced by the government that are either in favor of or against the upscaling of the market.

Get Free Sample Report @ https://www.wiseguyreports.com/sample-request/4658947-global-corneal-implants-market-professional-survey-report-2019

Major Key Players
Neoptics
ReVision Optics
AcuFocus
Presbia
KeraMed
Powervision
Cornea Research Foundation of America
Ocular Systems
Cornea Biosciences
DIOPTEX
SMR OPHTHALMIC

Global Corneal Implants Market Segmentation

Segment by Type
Intracorneal Ring Segments (ICRS)
Keratoprosthesis

Segment by Application
Hospitals
Diagnostic Laboratories
Research & Academic Laboratories
Pharmaceutical & Biotechnology Companies

Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India

Browse for Detailed research report @ https://www.wiseguyreports.com/reports/4658947-global-corneal-implants-market-professional-survey-report-2019

ABOUT US:

Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers   reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories.

Contact Info:
Name: Norah Trent
Email: Send Email
Organization: WISE GUY RESEARCH CONSULTANTS PVT LTD
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Source URL: https://marketersmedia.com/global-corneal-implants-market-2019-2025-major-key-players-technology-advancement-and-application/88938374

Source: MarketersMedia

Release ID: 88938374

SHAREHOLDER ALERT: The Law Offices of Timothy L. Miles Is Investigating the Officers and Directors of Sage Therapeutics, Inc. (SAGE) on Behalf of Shareholders

HENDERSONVILLE, TN / ACCESSWIRE / December 9, 2019 / The Law Offices of Timothy L. Miles, who has been leading the fight to protect shareholder rights for over 18 years, is investigating whether certain officers and directors of Sage Therapeutics, Inc. (NASDAQ:SAGE) breached their fiduciary duties to shareholders. Sage Therapeutics is a clinical-stage biopharmaceutical company that develops and commercializes medicines to treat central nervous system (CNS) disorders.

Sage Shareholders Urged to Contact the Firm

If you purchased Sage securities, have information, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Timothy L. Miles, Esquire, at 615-587-7384, Toll-Free at 855-846-6529, or by email to tmiles@timmileslaw.com. If you inquire by email please include your mailing address, telephone number, and the number shares owned.

About Timothy L. Miles

Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles was recentely selected by Martindale-Hubbell® and ALM as a 2019 Top Ranked Lawyer; 2019 Top Rated Litigator; and a 2019 Elite Lawyer of The South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association, a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019). Awards: Top Rated Litigator by Martindale-Hubbell® and ALM (2019); 2019 Elite Lawyer of The South by Martindale-Hubbell® and ALM (2019); Member of the Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association (2017-2019); AV® Preeminent™ Rating by Martindale-Hubble® (2014-2020); PRR AV Preeminent Rating on Lawyers.com (2017 & 2019); The Top-Rated Lawyer in Litigation™ for Ethical Standards and Legal Ability (Martindale-Hubble® 2015); Lifetime Achievement Award by Premier Lawyers of America (2019); Superb Rated Attorney (Avvo); Avvo Top Rated Lawyer for 2017 & 2018 (Avvo). Mr. Miles has authored numerous publications advocating for shareholdings including most recently: Free Portfolio Monitoring Services Offered by Plaintiff Securities Firms Provides Significant Benefits To Investors (Timothy L. Miles, Dec. 3, 2019).

Contact:

Timothy L. Miles, Esq.
Law Offices of Timothy L. Miles
124 Shiloh Ridge
Hendersonville, TN 37075
Telephone: (855-846-6529)
Email: tmiles@timmileslaw.com Website: www.timmileslaw.com

SOURCE: The Law Offices of Timothy L. Miles

ReleaseID: 569534

THE 2020 TOP TECHNOLOGY TRENDS IN POWER: GaN Systems Looks Ahead to 2020 Game-Changing Technologies Associated With Power Electronics

OTTAWA, ONTARIO / ACCESSWIRE / December 9, 2019 / For the past several decades, the subject of ‘power' has been consistently viewed as a challenge focused primarily on the incremental improvement – be that by technology, by government regulations, or by shifting consumer behavior. Much attention has been paid to how the energy we use is generated, and rightly so. Energy production is one of the world's largest sources of carbon emissions. As 2020 approaches, the issues around energy efficiency are significantly more prevalent, persuasive, and urgent than they were just twelve months ago. It is now a major impetus for global change – social, economic, and technological. To view the full release with downloadable visuals and more, please click here.

Data and energy are the acknowledged fuels for global economic growth. And the demand for both is increasing at unprecedented levels. Data consumption is at an all-time high with millions of global data centers producing 2.5 quintillion bytes of data daily and a predicted 5X growth in just five to seven years. And those data centers use an astronomical 416 terawatt hours of electricity annually to keep up with that demand. The global demand for electricity has grown by nearly one-third over the past decade. Industry analysts predict that there will be a 57% increase in global electricity demand by 2050.

Energy efficiency is now a strategic initiative in increasingly power-reliant industries such as data centers, electric vehicles, renewable energy systems, industrial motors, and consumer electronics. How businesses choose to generate, store, deliver, and use power will be an important impetus for global change in 2020.

Over the past year, in conversations with corporate leaders, we at GaN Systems are more certain than ever before that yesterday's silicon has reached its limits in solving critical power systems challenges. GaN (gallium nitride) technology is the clear and undisputed solution for driving more robust growth and product innovation, as well as enabling companies to elevate the conversation and engage more deeply in sustainability initiatives.

As the year draws to a close, GaN Systems, the global leader of GaN power semiconductors, unveils the four trends for 2020 which we believe will have a major impact on the world's power and energy footprint.

Trend 1: Electric Vehicles

In 2019, it became increasingly clear that the near future of transportation revolves around electric vehicles, and in the longer term around autonomous vehicles that are also electric. Today, there are 5.1 million electric vehicles on global roads. Given the amount electricity needed as "fuel" for electric vehicles, the stage is set for a massive unfavorable hit to the global energy grid as 125 million electric vehicles are expected to be on the roads by 2035. The evolution of the design of Chargers and Traction Inverters will play a major role in automotive design studios in 2020, and then onto the public roads in the years following. In order to address the long-standing issue of ‘range anxiety,' the number of public electric charging stations will continue to grow, with an increasing focus on solar power and plug standardization.

In 2020, GaN Systems predicts:

• Electric Vehicles:
o The demand for EVs will continue with fuel efficiency pressure and driving range at the center of consumer demands.
o Designs from major auto manufacturers will focus on increased efficiency, power density and reduced weight with a focus on Chargers and Traction Inverters.
o Battery technology will continue to improve and then, combined with lighter weight vehicles, will contribute to increase vehicle range and consumer acceptance.
• Autonomous Vehicles:
o In the shorter term, will see technology evolution in Level 2 to Level 3 autonomy and improved safety systems using LiDAR.
o GaN technology is being used in the design of higher power, longer range detection solutions.

Trend 2: 5G Rollout Will Accelerate in 2020

In 2019, the 5G rollout was slower than expected, primarily due to the issues around communications service providers (CSPs) upgrading 4G infrastructure within 5G areas of coverage. Nevertheless, according to Gartner research, 5G services have already begun the U.S., South Korea, and some European countries, including Switzerland, Finland and the U.K.

In China, 5G commercial services are now available in 50 cities, including Beijing, Shanghai, Guangzhou and Shenzhen, according to Chinese state news agency Xinhua. In Shanghai, nearly 12,000 5G base stations have been activated to support 5G coverage across the city's key outdoor areas. CSPs in Canada, France, Germany, Hong Kong, Spain, Sweden, Qatar, and the United Arab Emirates have announced plans to accelerate 5G network building through 2020. As a result, Gartner estimates that 7% of CSPs worldwide have already deployed 5G infrastructure in their networks.

In 2020, GaN Systems predicts:

• 5G equipment will continue its ramp up throughout the world, requiring greater bandwidth and power in smaller enclosures. GaN power transistors will be the transistor of choice on the rollout of 5G because of power density, energy efficiency, and system size requirements for macro and micro base stations for broadband delivery. GaN RF transistors will play an important part for the power amplifiers of those base stations.

• GaN will solve a fundamental problem with delivering 5G broadband services to the customer
o The very high frequency of 5G excels at transporting large quantities of data fast. But the signal does not go through walls. A GaN-based power solution solves this problem with both signal and power transferred through a wall or thru a window.
o Wireless through-wall with GaN means low cost equipment can be installed and maintained economically and reliably. Fixed Wireless Access (FWA) with wireless power transfer technology solves the 5G data ‘wall problem".

• GaN solves the power efficiency and size issues of 5G equipment – in the networks and base stations
o 5G macro and micro base stations require very high efficiency and power density. These networks are expected to consume at least twice the amount of power as today's networks since they will require both new cell sites and more power to run existing sites.
o Using GaN technology will produce smaller and lighter equipment with up to 50% increase in power density.
o 5G macro and micro base stations, power is reaching 2-3X the requirements of legacy systems. While 5G will improve energy efficiency since energy cost per bit is 1/10 its level on 4G, base stations are still energy-hungry at network-level, due to tens of times traffic increase. 70 million micro base stations alone are expected to be deployed by 2025.

TREND 3: Renewables and Energy Storage

In 2019, renewable energy production has not yet met the mainstream milestone of 24/7 availability. That said, the social attitudes, local policies, and consumer awareness are in place to push this imperative forward with the urgency that it requires. Across the globe, there needs to be a focused and disciplined mandate to address climate change, pollution, and the unreliability of energy grids.
• Natural disasters (e.g. loss of power from hurricanes, earthquakes, snow storms) and ‘wildfire prevention' power outages (called PSPS for public safety power shutdown) imposed by utility companies in California has resulted in an increasingly unreliable energy grid. An increasing danger to human life and businesses has been the result.
• Power outages have gone beyond inconvenience. We depend on power for our personal safety and financial livelihoods. People are now rethinking how much power is a part of their lives. Along with food, water, shelter – power is now one of the most important required components of modern life.

In 2020, GaN Systems predicts:

• Highly efficient residential and commercial energy storage systems (ESS) using GaN technology will enable distribution, local storage, and on-demand access to renewable energy. Both cost reduction and increasing energy security demands will drive this.
• With the price of ESS dropping and increased residential and commercial interest, sales of ESS will continue to rise, particularly in states such as California and Texas.
• Smaller ‘all-in-one' products such as solar panels with solar inverter and battery storage built in will provides AC power 24/7 if the local power grid goes down. GaN's efficiency in power conversion (lighter weight and smaller ESS) will be a key component to enable this kind of product design.
• The movement from lead acid to lithium ion batteries will lead to declining battery costs and the development of smaller, lightweight, energy-dense batteries that will pair with GaN technology-based converters and inverters to lead the revolution in ESS.
• Interest in local micro-grids for both business and residences will grow as individuals look to increase their energy security and leverage a collective of individuals ESSs.

TREND 4: Power Adapters and Power Chargers: Higher Power and the Rise Of USB-C + USB-PD

In 2019, we witnessed GaN's proliferation in the consumer electronics space with an abundance of smaller, lighter, and higher power adapters/chargers in the aftermarket. The tiny adapters had everyone's attention as size and weights were decreased by 2X or 3X.

In 2020, GaN Systems predicts:
• Growing momentum for USB-C and USB-PD products which can be used to charge any compatible product. The days of one charger for one piece of electronics will quickly disappear and the days of one charger for all your electronics will begin to dominate. A single adapter/charger that handles every device regardless of varying voltages for a phone (5V), tablet (12V), or laptop (19V).
• In-box GaN adapters/chargers (shipping inside the box with the computer or with the mobile phone) will start to become common. Pressure will build on computer and phone makers to deliver higher power levels for Fast-Charging.
• In the aftermarket, one GaN-powered adapter with two "type C" ports will be capable meeting the high-power needs of multiple device charging in a small form factor.
• USB-PD will garner increasing commercial interest across industries besides mobile phones and computers with its spec for higher power (100W) applications. Industrial markets will also demand a new generation of smaller and more powerful chargers for uses in portable test equipment, industrial equipment, medical and supply chain applications.

Conclusion: Meeting These Challenges with GaN Technology

At the core of these 2020 trends is the undeniable need for new ways of addressing growing global power consumption and delivery. Power cannot be viewed as an endless resource that comes out of a plug in a wall. There are many questions over the next twelve months and coming years that will arise in regard to electrical power: How do we meet the power demands of all the technology that surrounds us 24/7? And, how do we do that in a way that is both economically and socially responsible?

We can not endlessly shift the CO2 emissions and pollution problems across industries, geographies and future generations. Doing so solves nothing on a global level. And we must do so using less materials by making products dramatically smaller and lighter – using less to accomplish the job.

Power semiconductor companies must take the lead in providing the technology for new power system design approaches. Businesses must take the responsibility for bringing attention to power expertise inside their own companies. Removing the limitations of yesterday's silicon – by using GaN power transistors – will enable enterprise organizations to usher in entirely new energy efficient systems and products capable of transforming the future.

In 2020, looking at products in the market and next generation products in development using GaN technology, we can clearly see that GaN has become the basic building block of power efficiency proliferating through all the power systems of the world.

About GaN Systems

GaN Systems is the global leader in GaN power semiconductors with the largest portfolio of transistors that uniquely address the needs of today's most demanding industries including data center servers, renewable energy systems, automotive, industrial motors and consumer electronics.

As a market-leading innovator, GaN Systems makes possible the design of smaller, lower cost, more efficient power systems. The company's award-winning products provide system design opportunities free from the limitations of yesterday's silicon. By changing the rules of transistor performance, GaN Systems is enabling power conversion companies to revolutionize their industries and transform the world. For more information, please visit: www.gansystems.com or on Facebook, Twitter and LinkedIn.

Media Inquiries:

Trier and Company​
Beth Trier ​​​​
beth@triercompany.com ​​
415-285-6147​​​

Mary Placido​
mary@triercompany.com
415-218-3627

SOURCE: GaN Systems

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