NASDAQ OMX

Aegex Technologies Announces Strategy at SPE Offshore Europe 2017 to License Intrinsic Safety Designs and Services to Improve Safety in Oil & Gas Operations

Dela

Calls on Offshore Equipment Manufacturers to Collaborate to Make All Mobile Devices Intrinsically Safe

ABERDEEN, United Kingdom, Sept. 05, 2017 (GLOBE NEWSWIRE) -- Aegex Technologies, the leader in intrinsically safe mobile devices and Internet of Things (IoT) solutions for hazardous area industrial operations, has announced it will license access to its intrinsic safety designs for mobile devices. It will also provide production and testing services to other technology companies serving the oil & gas industry. This strategy leverages Aegex's proprietary intrinsically safe technology to promote collaboration and further innovation in the offshore equipment industry, enabling greater operational safety and efficiency.

Aegex made the announcement today during the SPE Offshore Europe 2017 exhibition, Europe's largest oil & gas exploration and production technology showcase. The company is demonstrating its Aegex10 Intrinsically Safe Tablet and IoT Platform at Stand #2C120 in the event's Technology Zone.

"In the same spirit that the OGTC [The Oil & Gas Technology Centre] here in Aberdeen is aggregating the strengths of technology companies to create new solutions for the offshore industry, Aegex will license and provide other manufacturers access to our intrinsically safe technology, manufacturing facilities and testing grounds," said Aegex CEO Thomas P. Ventulett. "The goal is to make sure every device used in hazardous area operations is the absolute safest possible."

"Intrinsically safe" (IS) devices, such as Aegex's flagship product, the Aegex10 IS Tablet, are certified under international standards for the most potentially explosive conditions, including Zone 1 areas of oil & gas operations. IS devices are designed to limit a concentration of heat or energy that could ignite combustible environments, or "hazardous areas." This is distinct from "explosion-proof" devices, which do not necessarily prevent an explosion but encapsulate it in a protective housing. The benefit of the Aegex design is that equipment is intrinsically safe "from the inside," rather than relying on heavy and expensive explosion-proof form factors.

Aegex will use its proprietary methodologies to assist companies to make offshore solutions intrinsically safe, such as IoT sensors, wearables, accessories, peripherals and scanners that help increase efficiency and safety across operations, from inventory management to equipment maintenance to personnel health.

The new Aegex services include support from the company's research and development division, AegexLabs, which is comprised of an innovation center, engineering and design studio, and manufacturing facilities in Hungary, plus an 800-acre testing facility in the United States, where it tests hazardous area products under realistic conditions.

"Oil and gas operators are increasingly seeking IoT technologies that can help them work more efficiently and more safely. Aegex wants to offer our expertise to other innovators and collectively develop new technologies that can truly reduce costs, increase productivity and enhance safety in offshore industries," Mr. Ventulett added.

Multiple regional and international standards govern the safety and quality of all equipment used in oil & gas operations. These standards - including directives regulated by ATEX, IECEx, UL and other standards bodies - exist to prevent the accidental ignition of combustible atmospheres by an electronic device.

The Aegex10 tablet is globally certified as intrinsically safe for ATEX/IECEx Zone 1 and UL Class I, II, III Division 1 hazardous areas, where flammable materials are likely to be present during normal operations.

About Aegex Technologies
With world headquarters in Atlanta, Ga., USA, European headquarters in Rotterdam, Netherlands, sales offices in Southampton, UK and Dubai, UAE, and distributors worldwide, Aegex provides intrinsically safe mobile and Internet of Things (IoT) solutions for hazardous locations in oil & gas, chemical, pharmaceutical, public safety and other industries with explosive environments.

Contact Aegex for more details. Watch an Aegex overview video to learn more. LinkedIn Twitter Facebook Google+ Instagram

Leigh Villegas
Marketing & Communications Director
+1 229 220 9660
press@aegex.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Aegex Technologies via Globenewswire

Om

NASDAQ OMX
NASDAQ OMX



Följ NASDAQ OMX

Abonnera på våra pressmeddelanden.

Senaste pressmeddelandena från NASDAQ OMX

Greater Anglia Selects PowerPlan to Optimise Its Asset Investments17.7.2018 15:29Pressmeddelande

ATLANTA, July 17, 2018 (GLOBE NEWSWIRE) -- Greater Anglia, a UK-based train operating company, has selected PowerPlan's Asset Investment Optimization software suite to maximise its asset investments over a 40-year time period. Greater Anglia's long-term investment strategy includes a 40-year asset plan to meet its regulatory requirements. For what was historically built with manual processes and not easily tracked, the Asset Investment Optimization solution from PowerPlan will provide a comprehensive, auditable approach to help the company analyze different investment scenarios for impacts to risk, cost, timing and level of service and provide a defendable asset plan for the next four decades. "The condition of our assets drives our business," said Richard Turner, Head of Asset Management for Greater Anglia. "With PowerPlan, we can apply a fact-based methodology to prioritise investments, maximise their return and produce plans that communicate our asset strategy to internal and extern

Oxford Immunotec Schedules Second Quarter 2018 Earnings Release and Conference Call for July 31, 201817.7.2018 14:30Pressmeddelande

OXFORD, United Kingdom and MARLBOROUGH, Mass., July 17, 2018 (GLOBE NEWSWIRE) -- Oxford Immunotec Global PLC (Nasdaq:OXFD), a global, high-growth diagnostics company, today announced that it plans to release second quarter 2018 financial results prior to market open on Tuesday, July 31, 2018. Dr. Peter Wrighton-Smith, Chief Executive Officer, and Rick Altieri, Chief Financial Officer, will host a conference call to review the Company's results at 8:00 a.m. Eastern Time the same day. The call will be concurrently webcast. To listen to the conference call on your telephone, please dial (855) 363-5047 for United States callers or +1 (484) 365-2897 for international callers and reference confirmation code 9268558, approximately ten minutes prior to start time. To access the live audio webcast or subsequent archived recording, visit the Investor Relations section of Oxford Immunotec's website at www.oxfordimmunotec.com. The replay will be available on the Company's website for approximately

SolarWinds Deepens Infrastructure Visibility with Log Manager for Orion17.7.2018 12:30Pressmeddelande

New log management solution delivers integrated, comprehensive event log management, collection, and consolidation to boost time-to-resolution AUSTIN, Texas, July 17, 2018 (GLOBE NEWSWIRE) -- SolarWinds, a leading provider of powerful and affordable IT management software, today announced SolarWinds®Log Manager for Orion®, a new, powerful log management tool for on-premises IT environments. Fully integrated with the SolarWinds Orion Platform, Log Manager is designed to provide the essential components an IT operations team needs for improved log monitoring, troubleshooting, and performance management. While IT infrastructure generates vast amounts of log data each day-from syslogs to SNMP traps and Windows® events-the responsibility of evaluating the information to determine which is most valuable falls on the shoulders of technology professionals. Log Manager, the latest addition to the larger SolarWinds network and systems management portfolio, is designed to provide integrated log m

SD-WAN Market Leader Aryaka Further Expands within Canada to Help Global Enterprises to Accelerate Digital Transformation Strategies17.7.2018 11:19Pressmeddelande

SAN MATEO, Calif., July 17, 2018 (GLOBE NEWSWIRE) -- Aryaka®, the leading global SD-WAN provider, announced today it has further expanded its worldwide network with the addition of a new Point of Presence (POP) in Toronto, Canada. This investment was spurred by a rapidly growing presence of global enterprises with sites in Canada who, as part of their digital transformation initiatives, are looking for better application performance, multi-cloud connectivity, and security from their network. With the deployment of its POP in Canada, Aryaka extends its SD-WAN as-a-Service into this region and can now offer it directly to Canadian enterprises. As over 70% of Aryaka's business comes through channel partners, this expansion will further enable their success in meeting the connectivity, application performance, and digital transformation needs of their global enterprise customers. "We are thrilled to further expand our network and market footprint in Canada and improve the performance of Ar

Notice of Arbitration Filed Against State of Kuwait16.7.2018 21:46Pressmeddelande

Attorneys for international business executive file notice of arbitration claiming violation ofinternational law by Kuwaiti courts London, United Kingdom, July 16, 2018 (GLOBE NEWSWIRE) -- Crowell & Moring LLP, counsel for Marsha Lazareva, a prominent member of the international business community, has filed a notice of international arbitration with the State of Kuwait for breaching a bilateral investment treaty in violation of international law. The notice follows a series of erroneous charges against Lazareva by the Kuwait Prosecutor General that have resulted in her prolonged imprisonment. The notice states that the charges against Ms. Lazareva, a Russian citizen, are part of a coordinated campaign to damage her reputation as a successful businesswoman and diminish the value of her investments. It also cites Kuwait for violating a longstanding bilateral investment treaty with Russia: the Agreement between the Russian Federation and the State of Kuwait on the Encouragement and Mutua

Two London ex-Bankers launch first UK regulated Digital Asset Trading Platform and Crypto exchange accessible to Institutional Investors16.7.2018 17:37Pressmeddelande

LONDON, July 16, 2018 (GLOBE NEWSWIRE) -- UK's first native crypto exchange platform is on its way to become a reality. Sovren Exchange, a venture founded by a team of London-based banking executives, has announced an Initial Coin Offering (ICO) to begin Q3 of this year. For their launch, Sovren (SVRN) is raising a maximum of 10 Million USD (combination of Equity Funding and its own Sovren Token) to create a hybrid order book and brokerage exchange platform that uses a trading engine supported by Artificial Intelligence (AI) and Robotic Process Automation (RPA). Sovren will have a fully compliant platform that will support trading in derivates, equities, commodities and securities. The platform will use intelligent automation to address liquidity challenges and a 3rd party custodial service for additional protection with a European Bank. Sovren is supporting trading between all major crypto assets and fiat currencies like pounds, euros, and dollars, aiming for same day service and low,

I vårt pressrum kan du läsa de senaste pressmeddelandena, få tillgång till pressmaterial och hitta kontaktinformation.

Besök vårt pressrum