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Mercury Systems Delivers Full Range of Flight Safety Assurance to Mission-Critical Aerospace and Defense Programs

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ROCK-2 architecture with BuiltSAFE technology powers smart, capable platforms with high-performance, safety-critical processing, saving customers time and money

ANDOVER, Mass., June 13, 2019 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com) announced today the availability of the full range of flight-safety certification levels in its ROCK-2 mission computing architecture, allowing customers to focus on developing critical aviation applications, while reducing system development time and cost. As requirements for flight-safety certification increase, ROCK-2 customers now have access to the complete range of design assurance levels (DAL), from DAL-E to the highest, DAL-A, and the critical safety assurance they need for a growing number of mission-critical applications, including avionics, vetronics for defense and commercial fixed and rotary-wing platforms, ground stations, unmanned aerial vehicles (UAVs), and urban air mobility platforms (UAM).

“Customers can be assured that no matter what their safety-critical needs, the commercial-off-the-shelf (COTS) ROCK-2 platform will meet their flight-safety requirements,” said Ike Song, Mercury’s Vice President and General Manager for Mercury’s Mission Systems group. “Designed and built using long-life, state-of-the-art COTS components, the ROCK-2 architecture delivers on Mercury’s commitment to enable smart, capable platforms that provide customers the high-performance, safety-critical mission processing solutions they demand.”

The ROCK-2 architecture features BuiltSAFE technology, bringing the highest level of flight-safety assurance to aerospace and defense applications. The ROCK-2 platform is an open systems-compliant, 3U OpenVPX form factor that is fully compatible with the Sensor Open Systems Architecture (SOSA). Together, ROCK-2 and BuiltSAFE offer customers an extensive portfolio of interoperable processing hardware, software, networking, datalink, graphics and I/O building blocks with supporting flight-safety certification artifacts, so their solutions can be deployed quickly with less program and schedule risk, and at a lower total cost of ownership than traditional systems.

In addition, with both NXP® and multi-core Intel® processing options, as well as the support of multiple certifiable real-time operating systems, ROCK-2 solutions also deliver next-generation processing performance. From design to full product support, the included reusable DAL artifacts simplify the flight-safety certification process for both hardware (DO-254) and software (DO-178B/C) for greater program velocity with reduced risk.

For more information, visit www.mrcy.com/mission-computing-safety-dal/ or contact Mercury at (866) 627-6951 or info@mrcy.com.

Mercury Systems – Innovation That Matters®
Mercury Systems is a leading commercial provider of secure sensor and safety-critical processing subsystems. Optimized for customer and mission success, Mercury’s solutions power a wide variety of critical defense and intelligence programs. Headquartered in Andover, Mass., Mercury is pioneering a next-generation defense electronics business model specifically designed to meet the industry’s current and emerging technology needs. To learn more, visit www.mrcy.com and follow us on Twitter.

Forward-Looking Safe Harbor Statement
This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to fiscal 2019 business performance and beyond and the Company’s plans for growth and improvement in profitability and cash flow. You can identify these statements by the use of the words “may,” “will,” “could,” “should,” “would,” “plans,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” “likely,” “forecast,” “probable,” “potential,” and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs, the timing and amounts of such funding, general economic and business conditions, including unforeseen weakness in the Company’s markets, effects of any U.S. Federal government shutdown or extended continuing resolution, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in, or in the U.S. Government’s interpretation of, federal export contractor procurement rules and regulations, market acceptance of the Company’s products, shortages in components, production delays or unanticipated expenses due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, increases in interest rates, changes to cyber-security regulations and requirements, changes in tax rates or tax regulations, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, and various other factors beyond our control. These risks and uncertainties also include such additional risk factors as are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2018. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.

Contact:
Robert McGrail, Director of Corporate Communications
Mercury Systems, Inc.
+1 978-967-1366 / rmcgrail@mrcy.com

Mercury Systems and Innovation That Matters are registered trademarks of Mercury Systems, Inc. Other product and company names mentioned may be trademarks and/or registered trademarks of their respective holders.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4b874b7c-8d21-4bc9-a128-72efbd51ade7

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

IT Industry

ARHT Media Completes First Tranche of Private Placement Raising $1.9 Million

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BALANCE SHEET STRENGTHENED WITH CAPITAL TO BE USED TO RETIRE DEBENTURES AND ADDED TO WORKING CAPITAL

NOT FOR RELEASE OR DISSEMINATION IN THE UNITED STATES

TORONTO, Aug. 22, 2019 (GLOBE NEWSWIRE) — ARHT Media Inc. (the “Company” or “ARHT”) (TSX-V:ART), a global leader in holographic telepresence, is pleased to announce it has closed the first tranche (the “First Tranche”) of the previously announced non-brokered private placement (the “Offering”) of units (the “Units”).  The Company issued 14,934,076 Units as part of the First Tranche at a price of $0.13 per Unit for aggregate gross proceeds of $1,941,429.88.

Each Unit consists of one common share of the Company and one common share purchase warrant (a “Warrant”).  Each Warrant will be exercisable to purchase one additional common share of the Company at an exercise price of $0.18 per share for a period of three years following the closing of the Offering.  If at any time after four months and one day from the closing of the First Tranche, the common shares of the Company trade at a price of $0.50 per common share or higher (on a volume weighted adjusted basis) for a period of six consecutive weeks, the Company will have the right to accelerate the expiry date of the Warrants to the date that is 30 days after the Company issues a news release announcing that it has elected to exercise this acceleration right.

The proceeds from the First Tranche of the Offering will be used for general and working capital purposes as well as for the retirement of the Company’s outstanding debentures in the amount of $800,000.

The First Tranche of the Offering is subject to final approval of the TSX Venture Exchange. The securities issued pursuant to the Offering will be subject to a four month and one day statutory hold period expiring on December 23, 2019.

Certain insiders of the Company have subscribed for Units pursuant to the First Tranche of the Offering (the “Insider Participation”). The Insider Participation will be considered to be a “related party transaction” as defined under Multilateral Instrument 61-101 (“MI 61-101”). The Insider Participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.

About ARHT Media

ARHT Media’s patented holographic telepresence technology is a complete end-to-end solution that creates a sense of presence for audiences – as though the holographic presenter was actually live in the room. With no noticeable latency, ARHT Media makes two-way live communication with a 3D holographic presenter anywhere in the world possible.  We can also playback pre-recorded content and 3D animations on our displays to deliver rich holographic experiences.

Connect with ARHT Media
Twitter:  http://www.twitter.com/ARHTmedia
Facebook:  http://www.facebook.com/ARHTmediainc
LinkedIn: http://www.linkedin.com/company/arht-media-inc-

For more information, please visit http://www.arhtmedia.com or contact the investor relations group at info@arhtmedia.com.

ARHT Media trades under the symbol “ART” on the Toronto Venture Stock Exchange.

ARHT Media Press Contact
Salman Amin
samin@arhtmedia.com

Regulatory Statements

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the closing of the First Tranche or the use of proceeds of the First Tranche.  Generally, forward looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other risks of the technology industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the 1933 Act) absent such registration or an applicable exemption from such registration requirements.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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IT Industry

Acetic Acid Market Value to Reach US$ 16.4 Billion by 2026

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The global acetic acid market value is expected to reach around US$ 16.4 billion by 2026 and estimated to grow at CAGR above 6.2% over the forecast time frame

LOS ANGELES, Aug. 22, 2019 (GLOBE NEWSWIRE) — Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “Acetic Acid Market (By Manufacturing Process: Synthetic route {Methanol carbonylation, Terephthalic/isophthalic acid coproduct, Paraffin oxidation, Oxidation of hydrocarbons, Olefin oxidation}, Biological route; By Application: Vinyl acetate monomer, Monochloroacetic, Acetic anhydride, Terephthalic acid, Acetate esters, Dimethylacetamide, Ketene, Textiles, Others) – Global Industry Size, Share, Trends and Forecast 2019 – 2026”.

Free Download Sample Report Pages for Better understanding@ https://www.acumenresearchandconsulting.com/request-sample/1562

Ethanoic acid or acetic acid is manufactured mainly in liquid shape, is colorless and has a powerful, unique and pungent aroma. Most acetic acid is generated by methanol carbonylation response, where carbon dioxide and methanol combine as a final product to produce acetic acid. Acetic acid is an antifungal and antibacterial synthetic carboxylic acid. A wide area of application of acetic acid in agriculture, paper, chemical and water treatment industries is expected to accelerate the demand for acetic acid during the forecast period and thus drive the growth of the market for acetic acid.

As the population worldwide grows, demand for clothing and other packaged products is increasing, which in turn drives the development of the packaging and textile sectors using PTA, thus adding to the development of the general acetic acid industry during the forecast period. Acetic acid is also used as an industrial chemical and chemical reagent used to generate cellulose acetate for film movies, combined with polyvinyl acetate used in the manufacturing of synthetic fabrics and fibers, thus increasing acetic acid usage during the forecast period. Acetic Esters consumption projected to rise, which is anticipated to cause market growth across the glove during the forecast period.

View Detail Information with Complete TOC@ https://www.acumenresearchandconsulting.com/acetic-acid-market

Reduced output at low temperatures, poor crystal compatibility, and hair rash and metal corrosion are variables anticipated to hamper acetic acid market growth during the prediction era. Vinyl acetate monomer (VAM) is anticipated to boost the acetic acid industry as a significant contributor to VAM manufacturing. Demand for vinyl alcohols and polyvinyl acetates is also increasing, pushing the acetic acid industry growth.  VAM is also used to produce polymer for coatings and adhesives to boost acetic acid usage. Acetic acid is also used as a preservative in the food industry and in family products. High demand for acetic acid in the manufacturing and food industry of VAM & TPA would thus boost business development in acetic acid. However, environmental concerns such as non-biodegradability and emission into the atmosphere of damaging components such as aerosols can limit the development of acetic acid in VAM and TPA manufacturing. Growing demand for acetic acid in rubber, plastics, pharmaceutical, building, paint and other sectors is pushing worldwide acetic acid business development. Increasing demand for Purified Terephthalic Acid (PTA) and Vinyl Acetate Monomer (VAM) in the packaging and fabric industries (polyester production) also leads to increased demand for acetic acid. Increasing demand for acetic acid as vinegar owing to multiple related health advantages is also anticipated to boost the development of the worldwide acetic acid industry during the forecast period.

Browse all official Market Research Reports Press Releases@ https://www.acumenresearchandconsulting.com/press-releases

Explore Our Market Blog@ https://www.acumenresearchandconsulting.com/blogs

Acetic acid business growth is relatively small in some areas, but the industry is already maturing in those areas.  High acetic acid concentration can be detrimental to aquatic life, livestock, and crops, which in the forecast period can be a constraint to the worldwide acetic acid industry. Also, volatile raw material prices like methanol can be a limiting factor for the acetic acid industry. Chinese industry will proceed to drive acetic acid growth. The biggest end-use in China is PTA, followed by VAM and ethyl acetate. Overall, Chinese acetic acid usage will expand heavily during the forecast period, driven by ongoing powerful PTA supply. Consumption on the Indian Subcontinent will also improve sharply over the forecast period. PTA leads consumption in this region, followed tightly by ethyl acetate.

Key Players & Strategies

Some vital players in the acetic acid market includes Mitsubishi Chemical Corporation, Jiangsu Sopo (Group), Sinopec, GNFC Limited, Saudi International Petrochemicals, Daicel Corporation, DuPont, British Petroleum, LyondellBasell, Wacker Chemie, Celanese Corporation, HELM AG, Eastman Chemical Company and PetroChina.

Acumen Research and Consulting Enters Partnership with MARKETWATCH, Click Here

Request for Customization@ https://www.acumenresearchandconsulting.com/request-customization/1562

The report is readily available and can be dispatched immediately after payment confirmation.

Buy this premium research report@ https://www.acumenresearchandconsulting.com/buy-now/0/1562

If you would like to place an order or have any questions, please feel free to contact at sales@acumenresearchandconsulting.com

| +1 407 915 4157 OR +1 408 900 9135

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IT Industry

Acetic Acid Market Value to Reach US$ 16.4 Billion by 2026

GlobeNewswire

Published

on

Reading Time: 3 minutes

The global acetic acid market value is expected to reach around US$ 16.4 billion by 2026 and estimated to grow at CAGR above 6.2% over the forecast time frame

LOS ANGELES, Aug. 22, 2019 (GLOBE NEWSWIRE) — Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “Acetic Acid Market (By Manufacturing Process: Synthetic route {Methanol carbonylation, Terephthalic/isophthalic acid coproduct, Paraffin oxidation, Oxidation of hydrocarbons, Olefin oxidation}, Biological route; By Application: Vinyl acetate monomer, Monochloroacetic, Acetic anhydride, Terephthalic acid, Acetate esters, Dimethylacetamide, Ketene, Textiles, Others) – Global Industry Size, Share, Trends and Forecast 2019 – 2026”.

Free Download Sample Report Pages for Better understanding@ https://www.acumenresearchandconsulting.com/request-sample/1562

Ethanoic acid or acetic acid is manufactured mainly in liquid shape, is colorless and has a powerful, unique and pungent aroma. Most acetic acid is generated by methanol carbonylation response, where carbon dioxide and methanol combine as a final product to produce acetic acid. Acetic acid is an antifungal and antibacterial synthetic carboxylic acid. A wide area of application of acetic acid in agriculture, paper, chemical and water treatment industries is expected to accelerate the demand for acetic acid during the forecast period and thus drive the growth of the market for acetic acid.

As the population worldwide grows, demand for clothing and other packaged products is increasing, which in turn drives the development of the packaging and textile sectors using PTA, thus adding to the development of the general acetic acid industry during the forecast period. Acetic acid is also used as an industrial chemical and chemical reagent used to generate cellulose acetate for film movies, combined with polyvinyl acetate used in the manufacturing of synthetic fabrics and fibers, thus increasing acetic acid usage during the forecast period. Acetic Esters consumption projected to rise, which is anticipated to cause market growth across the glove during the forecast period.

View Detail Information with Complete TOC@ https://www.acumenresearchandconsulting.com/acetic-acid-market

Reduced output at low temperatures, poor crystal compatibility, and hair rash and metal corrosion are variables anticipated to hamper acetic acid market growth during the prediction era. Vinyl acetate monomer (VAM) is anticipated to boost the acetic acid industry as a significant contributor to VAM manufacturing. Demand for vinyl alcohols and polyvinyl acetates is also increasing, pushing the acetic acid industry growth.  VAM is also used to produce polymer for coatings and adhesives to boost acetic acid usage. Acetic acid is also used as a preservative in the food industry and in family products. High demand for acetic acid in the manufacturing and food industry of VAM & TPA would thus boost business development in acetic acid. However, environmental concerns such as non-biodegradability and emission into the atmosphere of damaging components such as aerosols can limit the development of acetic acid in VAM and TPA manufacturing. Growing demand for acetic acid in rubber, plastics, pharmaceutical, building, paint and other sectors is pushing worldwide acetic acid business development. Increasing demand for Purified Terephthalic Acid (PTA) and Vinyl Acetate Monomer (VAM) in the packaging and fabric industries (polyester production) also leads to increased demand for acetic acid. Increasing demand for acetic acid as vinegar owing to multiple related health advantages is also anticipated to boost the development of the worldwide acetic acid industry during the forecast period.

Browse all official Market Research Reports Press Releases@ https://www.acumenresearchandconsulting.com/press-releases

Explore Our Market Blog@ https://www.acumenresearchandconsulting.com/blogs

Acetic acid business growth is relatively small in some areas, but the industry is already maturing in those areas.  High acetic acid concentration can be detrimental to aquatic life, livestock, and crops, which in the forecast period can be a constraint to the worldwide acetic acid industry. Also, volatile raw material prices like methanol can be a limiting factor for the acetic acid industry. Chinese industry will proceed to drive acetic acid growth. The biggest end-use in China is PTA, followed by VAM and ethyl acetate. Overall, Chinese acetic acid usage will expand heavily during the forecast period, driven by ongoing powerful PTA supply. Consumption on the Indian Subcontinent will also improve sharply over the forecast period. PTA leads consumption in this region, followed tightly by ethyl acetate.

Key Players & Strategies

Some vital players in the acetic acid market includes Mitsubishi Chemical Corporation, Jiangsu Sopo (Group), Sinopec, GNFC Limited, Saudi International Petrochemicals, Daicel Corporation, DuPont, British Petroleum, LyondellBasell, Wacker Chemie, Celanese Corporation, HELM AG, Eastman Chemical Company and PetroChina.

Acumen Research and Consulting Enters Partnership with MARKETWATCH, Click Here

Request for Customization@ https://www.acumenresearchandconsulting.com/request-customization/1562

The report is readily available and can be dispatched immediately after payment confirmation.

Buy this premium research report@ https://www.acumenresearchandconsulting.com/buy-now/0/1562

If you would like to place an order or have any questions, please feel free to contact at sales@acumenresearchandconsulting.com

| +1 407 915 4157 OR +1 408 900 9135

For Latest Update Follow Us:

https://twitter.com/AcumenRC

https://www.facebook.com/acumenresearchandconsulting

https://www.linkedin.com/company/acumen-research-and-consulting/

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