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NOKIA BELL LABS AND AMBER RESEARCHERS FORMULATE NEW BATTERY DESIGN FOR THE 5G WORLD

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  • New battery technology provides critical attributes for 5G networks, renewable energy grids, and the consumer and Industrial Internet of Things
  • Offers 2.5 times the battery life in the same volume as the current market leading super slim battery
  • Doubles the energy a battery can carry without changing the weight, a critical requirement for uses such as IoT networks, electric vehicles and drones

20 June 2019, Espoo, Finland, and Dublin, Ireland: Researchers at Nokia Bell Labs and AMBER, the SFI Centre for Advanced Materials and BioEngineering Research  hosted at Trinity College Dublin, today announced they have created a new, innovative formula for battery composition that makes batteries more powerful by packing 2.5 times the battery life than anything currently on the market. As the world transitions to 5G, ushering in a new era of consumer and industrial Internet of Things (everything from wearable technologies, pervasive sensors, to industrial robots), this new, game-changing battery design has the potential to help power the connected world of the future.

The increasing power requirements of connected devices such as smartphones, drones, electric cars and robots necessitates greater battery performance for both new applications as well as longer battery lifetimes. The new battery design also has far-reaching implications for 4G and 5G networks where conventional power may not be available for network equipment, or where emergency backup battery systems are essential to keep systems running.

“By packing more energy into a smaller space, this new battery technology will have a profound impact on 5G and the entire networked world,” said Paul King, one of the lead investigators on the project and Member of the Technical Staff, Nokia Bell Labs.  “The combination of Nokia Bell Labs industry and device knowledge and AMBER’s materials science expertise allowed us to tackle an extremely difficult problem involving multiple disciplines. Our results were achieved through the deeply collaborative mode in which we work, underscoring the value of engaging with AMBER as part of our global research strategy.”

“The significant advancement in battery technology outlined in this research is a testament to the strong collaboration between AMBER and Nokia Bell Labs. Bringing scientists together from industry and academia with a common research goal has resulted in a substantial scientific breakthrough,” said Dr. Lorraine Byrne, AMBER Executive Director. “AMBER’s partnership with Nokia Bell Labs through their Distinguished Academic Partners Program has been a hugely positive experience and clearly illustrates the benefits of industry-academic engagements. I look forward to AMBER’s collaboration with Nokia Bell Labs continuing to break new boundaries in science creating impact for society.”

An additional benefit to this new technology is its potential to improve the performance of large-scale energy grids powered by renewable energy.  The demand for reliable power relies on storage technologies, such as the battery technology described here, to manage the high fluctuation in energy generation in today’s wind and solar renewable technologies.  A new study from Wood Mackenzie shows that the energy storage in 100 percent renewable systems will likely be 25 times higher as compared to today’s systems. This will pose issues as the need for efficient, fast charging and compact energy storage becomes even more imperative.

A patent has been filed to protect this new technology design and help bring it to the marketplace. A study discussing the battery research performed by Nokia Bell Labs and AMBER has been published in Nature Energy* a leading international science journal.

Nokia Bell Labs has been collaborating with AMBER as part of the Nokia Bell Labs Distinguished Academic Partners Program. The program brings together Nokia Bell Labs researchers with the best and brightest minds at the world’s top universities to solve future human needs, transform human existence, and deliver disruptive innovations.

About Nokia Bell Labs
Nokia Bell Labs is the world-renowned industrial research arm of Nokia. Over its more than 90-year history, Bell Labs has invented many of the foundational technologies that underpin information and communications networks and all digital devices and systems. This research has resulted in 9 Nobel Prizes, three Turing Awards, three Japan Prizes, a plethora of National Medals of Science and Engineering, as well as an Oscar, two Grammy awards and an Emmy award for technical innovation. For more information, visit www.bell-labs.com.

About AMBER
AMBER (Advanced Materials and BioEngineering Research) is a world-leading SFI Research Centre funded by Science Foundation Ireland, hosted by Trinity College Dublin which provides a partnership between leading researchers in materials science and industry to develop new materials and devices for a range of sectors, particularly the ICT, medical devices and industrial technology sectors. Working in collaboration with CRANN (Trinity’s Centre for Research on Adaptive Nanostructures and Nanodevices), the Trinity Centre for Bioengineering and with University College Cork and the Royal College of Surgeons in Ireland.

ENDS

For further information, please contact:
For Nokia:
Phone: +358 (0) 10 448 4900
E-mail: press.services@nokia.com 
or Eric.Mangan@Nokia.com  

For AMBER:
Aoife Van Wolvelaere, Edelman
Aoife.VanWolvelaere@edelman.com

Caption for photo: Researchers at Nokia Bell Labs and AMBER have created a new, innovative formula for battery composition that packs 2.5 times the battery life than anything currently on the market. As the world transitions to 5G, ushering in a new era of consumer and industrial IoT, the new battery design will help power the connected world of the future. 

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IT Industry

GridGain In-Memory Computing Platform Continues Strong Momentum in First Half of 2019, Highlighted by a Doubling of Subscription Bookings

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GridGain’s Continued Industry Leadership Evidenced by Strong Growth in Its In-Memory Computing Platform, Major Industry Awards, Introduction of Product and Service Innovations, and Popular Industry Conferences

FOSTER CITY, Calif., July 18, 2019 (GLOBE NEWSWIRE) — GridGain® Systems, provider of enterprise-grade in-memory computing solutions based on Apache® Ignite™, today announced continued strong momentum for the first half of 2019. Key achievements during the period included doubling subscription sales versus the previous year, more than doubling sales of all products from new customers versus the previous year, receiving major industry honors, launching innovative new products and services, and driving sharply increased popularity of the In-Memory Computing Summit® Europe.

“Over the last year, the growing trends of digital transformation, omnichannel customer experience, and internet of things have driven increased adoption of in-memory computing. In-memory computing is the only practical, cost-effective approach to achieving the necessary performance and scalability for these initiatives,” said Abe Kleinfeld, president and CEO of GridGain. “We predicted that in-memory computing would become a part of every fast data discussion in 2019 and we’re excited that this is coming true.”

Growth

  • Subscription sales doubled during the first half of 2019 compared to the same period in 2018, reflecting the ever-growing number of customer solutions moving into production that are powered by the GridGain in-memory computing platform.
  • Total sales from new GridGain customers more than doubled during the first half of 2019 compared to 2018, driven by strong growth in the financial services and telecommunications industries, which both increased over 250% versus 2018.
  • Total sales from new European customers grew more than 150% compared to the first half of 2018, reflecting the growing demand for in-memory computing solutions throughout that region.

Awards & Foundations

Products and Services

  • GridGain introduced GridGain Developer Bundles to help accelerate digital transformations. The new Developer Bundles help companies implementing Apache Ignite or GridGain speed the development and rollout of real-time, massively scalable applications with in-depth developer training and consulting assistance with common tasks such as architectural reviews and performance optimizations. Once live, the support services included in the bundles ensure that any issues that arise in the pre-production or production deployments can be submitted to the GridGain customer engineering team for rapid resolution.
  • GridGain introduced the GridGain Data Lake Accelerator, an in-memory solution for digital businesses that need to enrich operational data with historical data stored in data lakes to improve real-time analytics and decision automation. The GridGain Data Lake Accelerator is available for use with the GridGain Enterprise Edition and GridGain Ultimate Edition. A free 30-day trial of all three of these products are available from the GridGain Downloads page.
  • GridGain released the GridGain Community Edition to bring production readiness to Apache Ignite. GridGain Community Edition includes the Apache Ignite code base plus patches and additional functionality developed to improve performance, reliability, security and manageability.
  • GridGain introduced the first support offering for Apache Ignite. GridGain Basic Support enables companies with new or existing Apache Ignite deployments to access the deep expertise of GridGain’s support engineers to troubleshoot performance or reliability issues and identify configuration optimizations, workarounds or software patches to improve the performance of their Ignite environment.
  • GridGain added automatic data persistence, high availability and immediate restarts to the GridGain Cloud In-Memory-Computing-Platform-as-a-Service. GridGain Cloud can be launched with just a few mouse clicks. It delivers in-memory speed by maintaining all data in memory and offers unlimited horizontal scalability by distributing data across a distributed cluster of servers. New nodes can be added to the cluster dynamically. The data held in memory is continually backed up to disk and is available in seconds in the event of a restart.

In-Memory Computing Thought Leadership

  • The third annual In-Memory Computing Summit Europe 2019 took place June 3-4, 2019 at the Park Plaza Victoria London. More than 500 people registered, representing 271 organizations from 26 countries on 5 continents. The attendees heard speakers from 451 Research, Capital One, Cerner, Confluent, Dell Technologies, Hazelcast, Red Hat, Redislabs, ScaleOut Software, the Storage Networking Industry Association (SNIA), GridGain Systems and more. The conference experienced a 70 percent increase in registrations compared to the 2018 event.
  • GridGain announced the Call for Papers for the fifth annual In-Memory Computing Summit North America, taking place November 13-14, 2019 at the Hyatt Regency San Francisco Airport. The Call for Papers will end on July 28, 2019.
  • GridGain continued its global effort to help businesses understand how in-memory computing addresses the speed and scale requirements of modern, data-intensive applications. The company hosted or participated in over a dozen of industry conferences, webinars and workshops, and organized or provided speakers for over 20 meetups around the world.

About GridGain Systems
GridGain Systems is revolutionizing real-time data access and processing by offering an in-memory computing platform built on Apache Ignite. GridGain solutions are used by global enterprises in financial services, software, e-commerce, retail, online business services, healthcare, telecom, transportation and other major sectors, with a client list that includes ING, Raymond James, American Express, Societe Generale, Finastra, IHS Markit, ServiceNow, Marketo, RingCentral, American Airlines, Agilent, and UnitedHealthcare. GridGain delivers unprecedented speed and massive scalability to both legacy and greenfield applications. Deployed on a distributed cluster of commodity servers, GridGain software can reside between the application and data layers (RDBMS, NoSQL and Apache™ Hadoop®), requiring no rip-and-replace of the existing databases, or it can be deployed as an in-memory database. GridGain is the most comprehensive in-memory computing platform for high-volume ACID transactions, real-time analytics, web-scale applications, continuous learning and hybrid transactional/analytical processing (HTAP). For more information, visit gridgain.com.

CONTACT:
Terry Erisman
GridGain Systems
terisman@gridgain.com
(650) 241-2281

GridGain is a trademark or registered trademark of GridGain Systems, Inc. Apache, Apache Hadoop, Hadoop, Apache Ignite, Ignite, Apache Kafka, Kafka, Apache Spark, and Spark are trademarks of The Apache Software Foundation. All other product and company names herein may be trademarks of their registered owners.

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IT Industry

Bel Will Report Second Quarter 2019 Results on August 1, 2019

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Conference Call Scheduled for 11:00 AM ET

JERSEY CITY, N.J., July 18, 2019 (GLOBE NEWSWIRE) — Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect electronic circuits, today announced that the Company will release preliminary financial results for the second quarter of 2019 prior to the commencement of trading on Thursday, August 1, 2019. A conference call has been scheduled for 11:00 a.m. ET that morning to discuss the preliminary results.

To participate in the conference call, investors should dial 888-254-3590, or 323-994-2093 if dialing internationally. The presentation will additionally be broadcast live over the Internet and will be available at https://ir.belfuse.com/events-and-presentations. The webcast will be available via replay for a period of 20 days at this same Internet address.  For those unable to access the live call, a telephone replay will be available at 844-512-2921, or 412-317-6671 if dialing internationally, using access code 5111961 after 2:00 p.m. ET, also for 20 days.

About Bel
Bel (www.belfuse.com) designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits.  These products are primarily used in the networking, telecommunications, computing, military, aerospace, transportation and broadcasting industries.  Bel’s product groups include Magnetic Solutions (integrated connector modules, power transformers, power inductors and discrete components), Power Solutions and Protection (front-end, board-mount and industrial power products, module products and circuit protection), and Connectivity Solutions (expanded beam fiber optic, copper-based, RF and RJ connectors and cable assemblies).  The Company operates facilities around the world.

 

Investor Contact:
Peter Seltzberg, Managing Director
Darrow Associates
tel 516.419.9915
pseltzberg@darrowir.com
  Company Contact:
Daniel Bernstein 
President 
ir@belf.com 

 

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IT Industry

Update:  Stealth Technologies Inc. Announces Launch of Product Sales Through Sharper Image

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LARGO, FL, July 18, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Stealth Technologies, Inc. (OTC PINK: STTH), an emergency response and protection product distribution company in the safety, health, and personal protection industries, is pleased to announce that it has entered into a new distribution agreement that includes distribution into Sharper Image catalog.

“The addition of another distributor with reach into Sharper Image is a major advancement in our diversification,” said CEO Brian McFadden. “With the product currently available at Sharper Image, we look forward to the potential growth this distribution channel will bring.” 

You can visit the link below to see the initial product offered at Sharper Image, the 911 Help Now Communication Pendant, which provides the user direct communication to 911 Emergency Services for one low fee. 

https://www.sharperimage.com/si/view/product/No+Fee+911+Help+Button/207060?question=911%20help%20now

“As we continue to expand our product channels, we look forward to our continuing distribution growth and expect to add additional products into these channels later this year,” said CEO Brian McFadden.

The company also wishes to notify all shareholders and persons of interest that Stealth Technologies, Inc. will be making announcements and updates via social media. Updates can be found at our newly created social media channel on Twitter: https://twitter.com/StealthTech4

About Stealth Technologies, Inc.

Stealth Technologies, Inc., incorporated in 2010 and based in Largo, FL, is a publicly traded company that distributes a large portfolio of products solving critical issues in the safety, health, and personal protection industries. Stealth products solve problems such as emergency response time, electronic pickpockets and hackers, home intrusions and robberies, and more. With such a diverse product offering, Stealth has prepared for long-term growth for our shareholders. For more information, please visit the Company’s website at www.stealthtechinc.com

Forward Looking Statements:

Statements included in this update that are not historical in nature, are intended to be, and are hereby identified as, “forward-looking statements.” Forward-looking statements may be identified by words including “anticipate,” “believe,” “intends,” “estimates,” “expect,” and similar expressions. The Company cautions readers that forward-looking statements including, without limitation, those relating to the Company’s future business prospects are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements, due to factors such as those relating to economic, governmental, technological, and other risks and factors identified from time to time in the Company’s reports filed with the SEC.

Contact:
Brian McFadden 
investors@stealthtechinc.com
1-800-579-0528

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