Ceapro Inc. Announces Conversion of Convertible Debentures to Equity and the Grant of Stock Options

MarketWatch | January 04, 2017

EDMONTON, ALBERTA, Jan 04, 2017 (Marketwired via COMTEX) -- EDMONTON, ALBERTA--(Marketwired - Jan 4, 2017) - Ceapro Inc. (CZO) ("Ceapro" or the "Company"), a growth-stage biotechnology company focused on the development and commercialization of active ingredients for healthcare and cosmetic industries, announced today that holders of $960,000 of convertible debentures due December 31, 2016 have all elected to convert their debentures into common shares at the stated conversion price of $0.64 per common share.

Spotlight

Machine learning is powering most of the recent advancements in artificial intelligence including autonomous systems, computer vision, natural language processing, predictive analytics, and a wide range of applications among the seven patterns of AI. However, in order for these systems to be able to create accurate generalizations, these machine learning systems must be trained on data. The more advanced forms of machine learning, especially deep learning neural networks, require significant amounts of data to be able to create models with acceptable levels of accuracy.


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ENGINEERING TECH,CONSTRUCTION

Sciens Building Solutions Announces First Acquisition in Maryland

Sciens Building Solutions | September 23, 2022

Sciens Building Solutions ("Sciens") today announced it has added to its growing portfolio Maryland-based LS Systems just outside of Baltimore. With four already-established Northeast locations, LS Systems increases Sciens' presence in this region, along with the Washington metropolitan area, allowing them to provide coverage and expanded capabilities to even more customers, while leveraging the unique offerings of LS Systems across the Sciens portfolio. "Sciens' commitment to a Mid-Atlantic regional expansion, combined with our capabilities and relationships, will enhance our ability to serve our loyal customers, as well as new clients, We chose to partner with Sciens to become part of a platform that can serve our customers locally, regionally, and nationally. LS Systems and Sciens both view growth as a top priority, not only for our customer base but for our valued employees, so we're excited to be a part of the ongoing expansion across the country." -Derrick Mitchell, President of LS Systems. LS Systems was established in 1996 just outside of Baltimore, Maryland, where it quickly became a well-respected life safety powerhouse focused on design, construction, and maintenance of fire protection, electronic security, and emergency communication systems. Its team of over 90 professionals are market leaders in providing fire and life safety services in the complex healthcare, retail, hospitality, higher education, and government spaces. "We're taking the fun Sciens journey to Maryland, an exciting addition to our many locations across the country. LS Systems is a true life-safety leader in the Baltimore-area with a team of industry experts whose experience positions them well for growth, Sciens is delighted to partner with Derrick and the entire LS Systems team as we continue on our quest to build the largest independent fire and life safety integrator in the United States." -Terry Heath, CEO Sciens. About Sciens Building Solutions: Headquartered in San Francisco, California, and backed by The Carlyle Group, Sciens Building Solutions is a holding company focused on the fire detection and security services sector. This includes the design, installation, and provision of maintenance services for fire detection and clean agent fire suppression systems in a variety of commercial, institutional, and government facilities. About LS Systems: Founded in 1996 and headquartered near Baltimore Maryland, LS Systems is an industry leader in safety and security systems design, implementation, and maintenance. They offer their clients leading-edge technology, integrated solutions, and passionate problem-solving.

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CONSTRUCTION

INTELIE by Viasat Joins Transocean, Intellilift to Accelerate Autonomous Well Construction as Partner in Joint Venture

inteliwell | August 19, 2022

Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it has agreed to join Inteliwell, a joint venture (JV) with Transocean Ltd. (NYSE: RIG), and Intelilift AS, a subsidiary of Nekkar ASA. Inteliwell's mission is to decrease drilling times through rig automation and streamlining of the well construction process using new processes and tools driven by artificial intelligence ("AI"). Inteliwell will offer a suite of applications that will provide an end-to-end, closed-loop workflow for well construction planning, execution, and monitoring. Inteliwell's software has been meticulously designed to leverage cutting edge technology and data that will improve consistency in operations by improving safety through reduction of personnel exposure to red zones and reducing well planning and construction time. For its part, INTELIE™, which was part of the Company's 2021 RigNet acquisition, will provide operational AI expertise, real-time data analytics, and planning components to the Inteliwell JV. "The joint venture between Transocean, Viasat, and Intelilift aligns a potent mix of expertise in the areas of well construction, automation, and artificial intelligence, INTELIE is already in use on the majority of drill ships today for real-time analytics and remote operating centers. Through the Inteliwell JV, we are poised to accelerate autonomous well construction while reducing cost and improving safety." -Brendan Sullivan, SVP, Intelligent Edge Solutions, Viasat, Inc. By reducing the days needed to drill a well, Inteliwell and its suite of applications creates incredible value to a large addressable market that is primed for change, said Scott McKaig, Director, Technology & Digital Solutions at Transocean Ltd. By aligning expertise from the three entities in our platform, we will be advancing the well construction process from preparing a well program to completion of the well. This advancement will streamline planning, increases rig site efficiency, and reduce unplanned non-productive time ("NPT") to generate significant cost savings that can be realized quickly by the well operators. Stig Trydal, managing director of Intellilift added: In short, the JV will provide software solutions combined with automation that are designed to allow operators to further improve the consistency of their operations while reducing drilling costs through more reliable and faster drilling operations. The offering -- that can be applied across all rig classes -- will be comprised of three key applications: InteliPlan, InteliAutomate and InteliAssist, which will create digital well plans that interface with a drilling rig's control system to autonomously execute tasks, greatly expediting the well construction process. Additionally, an integrated real-time monitoring platform will measure downhole progress and evaluate conditions in the well to provide critical, precision-enhancing feedback to the drilling control system. The Inteliwell Suite of Applications InteliPlan: InteliPlan will create a well construction program in both human readable and automatable, machine-readable format. The software will enable engineers to input well design data and generate the well construction program, including rig-specific well construction sequences. For standardization, specific operational practices can be embedded in the InteliPlan logic to ensure these critical practices permeate across all ongoing and future programs. InteliAutomate: InteliAutomate is a digital drilling control system which will automate well construction tasks by sending instructions from the well construction program, created by InteliPlan, to the rig equipment controllers. InteliAutomate receives feedback from such machines to automatically acknowledge completion of tasks and from InteliAssist for validated adjustments. InteliAssist: For operations oversight, InteliAssist will monitor well construction parameters and simultaneously run engineering simulations to allow comparison with real-time observations. The process will allow optimization of ongoing operations, avoid deviations from plan, provides prediction of operational problems, and can identify when human intervention in required. To learn more about Inteliwell, please visit: www.inteliwell.com About Transocean: Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. Transocean specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and operates the highest specification floating offshore drilling fleet in the world. About NEKKAR ASA: Nekkar (OSE: NKR) is an industrial technology group offering impact technologies combined with high-end software solutions. The group combines 50 years' heritage from the world's number one shiplift company, Syncrolift, with new investments into sustainable, digitalised technology businesses that aim to unlock growth within ocean-based industries such as offshore energy and renewables and aquaculture. About Viasat: Viasat is a global communications company that believes everyone and everything in the world can be connected. For more than 35 years, Viasat has helped shape how consumers, businesses, governments and militaries around the world communicate. Today, the Company is developing the ultimate global communications network to power high-quality, secure, affordable, fast connections to impact people's lives anywhere they are—on the ground, in the air or at sea.

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CONSTRUCTION

Planon launches comprehensive package to deliver an exceptional and engaging workplace experience to building users

Planon | July 01, 2022

Planon, the leading global provider of smart sustainable building management software, today announced the launch of Planon Workplace Edition. Planon Workplace Edition allows organisations to modernise and improve their workplace management quickly and securely with the option to upgrade to the full Planon Integrated Workplace Management System (IWMS) suite later. Planon Workplace Edition is a plug-and-play, cloud-based software solution. It is composed of fully integrated modules underpinned by smart IoT technology: Planon Workplace Insights and Planon Workplace Engagement. Planon Workplace Insights - the foundation for Planon Workplace Engagement - displays analysed information captured from IoT sensors (occupancy, utilisation, people flow and indoor air quality measurements). This information supports workplace strategists and facilities managers in making the right decisions to create engaging and productive workplaces. The newest module, Planon Workplace Engagement, adds space and services management processes on top of that. In addition, a mobile app and other workplace engagement interfaces for the building user, including room booking panels and kiosks, enhance the workplace experience and build business resilience. "With Planon Workplace Edition, organisations are able to use spaces in a cost-effective and sustainable way while improving the wellbeing and productivity of their building users, It supports workplace professionals in ensuring a safe and healthy environment, and a great experience for building users." -Pierre Guelen, Planon's founder and CEO. About Planon- Planon is the leading global provider of Smart Sustainable Building Management software that connects buildings, people and processes. By eliminating data silos and aligning solutions into one shared information platform, Planon provides all building stakeholders with actionable and meaningful insights. Independent market research and consulting firms have consistently rated Planon as a global leader in the market. Planon has implemented its comprehensive solutions for more than 2,500 clients, supported by offices and partners around the world.

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MATERIALS,CONSTRUCTION

LP Building Solutions Celebrates Ribbon Cutting for New Global Headquarters

LP Building Solutions | August 25, 2022

LP Building Solutions (LP), a leading manufacturer of high-performance building products, celebrated a landmark day in company history on Aug. 19, 2022 with the grand opening of its new global headquarters in Nashville, Tennessee. The new headquarters, which spans the top two floors—all 60,000 square feet—of the Creative Office Building in Midtown's Broadwest development, allows LP to further expand its corporate hybrid workplace model while upgrading its office environment. Founded 50 years ago in Portland, Oregon, LP relocated its headquarters to Nashville in 2004. Prior to its move to Broadwest, the company was in downtown's central business district. In 2021, LP announced the move to the Broadwest complex to seek a more innovative, collaborative and flexible office space. With more than 60 collaboration areas (conference rooms, huddle rooms and more), the new state-of-the-art headquarters is designed to support a hybrid work environment that allows employees to determine where they work—whether remotely or in the office—based on their roles and responsibilities. At the grand opening ceremony, LP Chair and CEO Brad Southern welcomed employees to their new workplace, and Senior Engineering Project Manager Danaillie Woodfine cut the ribbon to officially declare the facility open for business. They were joined by LP's executive team and more than 100 corporate employees. "Today marks an important milestone in our history, Our new headquarters is a hub for innovation and collaboration—critical components of our continued success. We are happy to welcome employees to this new space and excited to see the fresh ideas that will inspire further LP accomplishments here." -Brad Southern, Chair and CEO, LP. Located at 1610 West End Avenue, Broadwest's Creative Office Building, plaza and 2,500-space parking garage completed construction earlier this year. The Class A building features 18-foot floor-to-ceiling windows, a rooftop terrace, a fitness center and an exterior plaza. Inspired by the company's wood-based building materials, the architectural and design theme of the new headquarters is "never far from the tree" and was constructed using LP products throughout. The office also features a 25-foot-wide, 8-foot-tall, hand-carved wooden mural originally commissioned over 30 years ago for the company's original headquarters in Portland. The headquarters also features an LP Health & Wellness Center. This on-site clinic is for the exclusive use of employees and their family members. It provides primary care and wellness services, such as immunizations, annual health assessments and health coaching, at little to no cost. About LP Building Solutions: As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood building products that meet the demands of builders, remodelers, and homeowners worldwide. LP's extensive offerings include innovative and dependable building products and accessories, such as Siding Solutions (LP® SmartSide® Trim & Siding, LP® SmartSide® ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding, and LP® Outdoor Building Solutions®), LP Structural Solutions (LP® TechShield® Radiant Barrier, LP WeatherLogic® Air & Water Barrier, LP Legacy® Premium Sub-Flooring, LP® FlameBlock® Fire-Rated Sheathing, LP NovaCore™ Thermal Insulated Sheathing, and LP® TopNotch®350 Durable Sub-Flooring), and oriented strand board (OSB). In addition to product solutions, LP provides industry-leading customer service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes while our shareholders build lasting value. Headquartered in Nashville, Tennessee, LP operates 22 plants across the U.S., Canada, Chile, and Brazil.

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Spotlight

Machine learning is powering most of the recent advancements in artificial intelligence including autonomous systems, computer vision, natural language processing, predictive analytics, and a wide range of applications among the seven patterns of AI. However, in order for these systems to be able to create accurate generalizations, these machine learning systems must be trained on data. The more advanced forms of machine learning, especially deep learning neural networks, require significant amounts of data to be able to create models with acceptable levels of accuracy.

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