Send2Press Newswire
Fri, 03 Feb 2012 19:11:42 GMT
PowerGuard's PowerClip Warranty Solution Adopted by Global Solar Energy Services Provider, SunEdison
IRVINE, Calif., Jan. 17, 2012 (SEND2PRESS NEWSWIRE) -- PowerGuard Specialty Insurance Services announces that leading global provider of solar energy services, SunEdison, a client of retail insurance broker Lockton Companies, has joined the growing number of solar energy providers to adopt PowerGuard's unique PowerClip extended warranty protection.
SunEdison develops, finances, operates and monitors solar energy solutions worldwide, ranging from some of the world's largest solar deployments to residential customers' rooftops. SunEdison is a subsidiary of MEMC Electronic Materials (NYSE:WFR), a global leader in polysilicon and silicon wafer manufacturing, the foundation upon which most solar cells and semiconductor devices are built.
According to Kurt R. Bruenning, Treasurer of MEMC Electronic Materials, "We were impressed with the many unique features and valuable business benefits of the PowerGuard Solution. It was clearly developed by people who understand the nature of our business and anticipate the challenges an emerging industry and new technology face. Their people have proven to be outstanding partners to Gary Giulietti and our Lockton retail team throughout the entire underwriting and coverage placement process."
A specialty renewable energy Program Manager based in the United States, PowerGuard provides an innovative 25-year, non-cancellable quality and performance guarantee solution to back-up a manufacturer's own warranty terms.
Mike McMullen, managing principal of PowerGuard, says, "PowerGuard is proud that our innovative risk-transfer product is quickly gaining momentum with leading solar energy providers around the world like SunEdison and MEMC. We are committed to continuing to support the expansion and success of the global renewable energy industry with unique, leading-edge products and services."
Guaranteeing warranty terms through the use of insurance provides the certainty manufacturers and their customers desire, as well as long-term stability for the industry.
"The PowerGuard solution is an important way for solar energy providers to gain a greater degree of business certainty and it allows developers of solar parks to finance photovoltaic installations more easily and with increased flexibility," states Gary Giulietti, president of Lockton Companies' Farmington, CT operations. "We are very excited to partner with Mike and the PowerGuard team in delivering this innovative and valuable warranty product to our client, SunEdison."
PowerGuard's warranty solution, which is available directly from PowerGuard or through various retail brokers, provides certainty and security to the solar manufacturer's end customers. Its warranty terms are non-cancellable, surviving even insolvency and bankruptcy. Third-party rights to the policy, in case the original solar manufacturer goes out of business are also offered, and are backed by the capital strength of the insurance market.
Contacts:
PowerGuard Specialty Insurance Services
Mike McMullen
949-224-1325
mmcmullen@powerguardins.com .
Lockton Companies
Gary Giulietti
860-558-6800
ggiulietti@lockton.com .
MEMC Electronic Materials, Inc.
Kurt R. Bruenning
636-474-5925
kbruenning@memc.com .
About PowerGuard Specialty Insurance Services:
PowerGuard manages programs specializing in the design and underwriting of unique insurance and risk management solutions for wind, solar and other alternative energy companies.
PowerGuard's PowerClip warranty product is the most comprehensive contractual liability coverage available to renewable energy manufactures, project developers, power generation operators and the financial institutions who invest in them.
PowerGuard's PowerWrap Solar Project Guarantee Policy is a simple and straightforward insurance policy that guarantees the performance of the entire solar energy system - written on investment grade paper with an insurance company holding an AA- rating from Standard & Poor's. More information: www.powerguardins.com .
About SunEdison:
SunEdison is a global provider of solar-energy services. The company develops, finances, installs and operates distributed power plants using proven photovoltaic technologies, delivering fully managed, predictably priced solar energy services for its commercial, government and utility customers. In 2009, SunEdison delivered more kilowatt hours (kWh) of energy than any other solar services provider in North America. More information: http://www.sunedison.com/wps/portal/memc/aboutus/ .
About Lockton:
More than 4,100 professionals at Lockton provide more than 15,000 clients around the world with insurance, benefits, surety and risk management services, offering an uncommon level of client service. Since its founding in Kansas City in 1966, Lockton has grown to become the 9th largest insurance broker in the world. It is the world's largest privately held insurance broker. More information: www.lockton.com .
NEWS SOURCE: PowerGuard Specialty Insurance Services
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2012 Neotrope® News Network - all rights reserved.
TAGS: PowerGuard Specialty Insurance Services, Energy, Oil and Gas, Send2Press.
Tue, 17 Jan 2012 14:48:00 GMT
Nylabone Launches New Grain-Free Dog Biscuits
NEPTUNE CITY, N.J., Jan. 5, 2012 (SEND2PRESS NEWSWIRE) -- Consumers in the Southeast United States are the first in the country to gobble up the new, all-natural GRAIN-FREE DOG BISCUITS from Nylabone, the makers of safe, healthy chews since 1955. Nylabone has partnered with Costco Warehouses from Florida to North Carolina and Tennessee to market the new treats on a first-come, first-served limited basis.
"Our dogs' ancestors' diets did not include grain, corn or other fillers," says Mike Connelly, Vice President of Marketing for Nylabone® Products based in Neptune City, N.J. "We at Nylabone know that pet parents want the healthiest, most natural products for our pets, and these new grain-free dog treats are just that."
Connelly says that veterinarians have known what many pet lovers have not: the link between a dog's allergies and "unnatural" food fillers like wheat and corn. In his book "The Holistic Health Guide: Natural Care for the Whole Dog," holistic pet care expert Doug Knueven, DVM, says "Grains contained in pet foods contribute to the widespread problem of canine allergies. You do not see wolves-our dogs' wild counterparts-out grazing in the corn field."
Rich in antioxidants and slow-cooked to help maintain nutrients, the new Grain-Free Dog Biscuits from Nylabone are made in the USA. The tasty biscuits are turkey-flavored and contain wholesome ingredients like peas, turkey meat, blueberries, cranberries and flaxseed.
Just as important is what they do not include: added sugar, molasses or salt; artificial flavors or colors; and preservatives. They contain no wheat, corn, rice, soy, or other grains. The new treats are perfect for sensitive stomachs and the fresh, healthful ingredients help build a strong and healthy immune system.
Only 8 calories each, Nylabone Grain Free Dog Biscuits are made for all dogs to enjoy from small to large. This allows pet parents to conveniently control portions and decide on how much to treat their dog.
The new products are available for a limited time only in Costco Warehouse in North Carolina, Tennessee, Alabama, South Carolina, Georgia, Florida and Puerto Rico. They are available in 4-pound "pantry packs" for $9.99.
About Nylabone Products:
Nylabone® Products is a respected producer of premium dog products, and the Leader in Responsible Pet Care for Over 50 Years®. Nylabone is a division of T.F.H. Publications, Inc., the world's most distinguished publisher of high-quality care and training books for pets, and a founding member of the American Pet Products Manufacturing Association (APPMA). Nylabone is recognized for its excellence, quality, innovation and leadership in today's pet industry. Its patented and patent-pending products are frequently industry award-winners. T.F.H./Nylabone is a subsidiary of Central Garden & Pet Company. For more information, visit www.nylabone.com .
About Central Garden & Pet Company:
Central Garden & Pet Company (NASDAQ:CENT) is a leading innovator, marketer and producer of quality branded products for the pet and lawn and garden supplies markets. Committed to new product innovation, its products are sold to specialty independent and mass retailers in the following categories: Lawn and Garden - Grass seed including the brands Pennington and the Rebels; wildbird feed and the brands Pennington and Kaytee; weed and insect control and the brands AMDRO, Sevin, Ironite, and Over 'N Out; and decorative outdoor patio products and the brands Norcal, New England Pottery and Matthews Four Seasons. It also provides a host of regional and application-specific garden brands and supplies.
Pet - Animal health and the brands Adams and Zodiac; aquatics and reptile and the brands Oceanic, Aqueon and Zilla; bird and small animal and the brands Kaytee, Super Pet, and CritterTrail; dog and cat and the brands T.F.H./Nylabone, Four Paws, Pinnacle and Avoderm; and equine and the brands Farnam, Bronco and Super Mask. It also provides a host of other applications-specific pet brands and supplies. Central Garden & Pet is based in Walnut Creek, Calif., and has approximately 5,000 employees, primarily in North America and Europe.
For additional information on Central Garden & Pet, including access to the company's SEC filings, please visit the company's Web site at http://www.central.com .
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts, including expected earnings guidance, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks are described above and in the company's annual report on Form 10-K and other Securities and Exchange Commission filings. Central undertakes no obligation to publicly update these forward-looking statements to reflect new information, subsequent events or otherwise.
NEWS SOURCE: Nylabone Products
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2012 Neotrope® News Network - all rights reserved.
TAGS: Nylabone Products, Veterinary, Animals, Pets and Zoos, Send2Press.
Thu, 05 Jan 2012 16:25:16 GMT
Titan Lenders Corp. Fulfillment Services Now Available to PHH Mortgage Correspondent Lenders
DENVER, Colo., Dec. 29, 2011 (SEND2PRESS NEWSWIRE) -- Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan), has entered into a strategic relationship with one of the nation's top-five residential mortgage originators and the largest non-financial mortgage servicer in the country PHH Mortgage Corporation, a subsidiary of PHH Corporation. This strategic relationship will give PHH Mortgage's correspondent lenders direct access to Titan's back-office fulfillment services, which include closing, funding, post-closing and investor loan review services.
"As a top-five residential mortgage investor, PHH Mortgage prides itself on providing best-in-class mortgage solutions," said Mary Kladde, Titan Lenders Corp. president and co-founder. "Over the past year, PHH has seen an increase in broker to banker and transitioning depository clients. This transition comes with a unique set of growing pains. Our goal is to assist PHH's correspondent lenders by providing education, back-office risk mitigation and the compliance tools needed to produce zero-defect, salable loans."
Titan's proprietary Cerberyx software offers an unparalleled option for lenders to have 24/7 access to file-flow management tools and electronic compliance safety checks, which are designed to reduce risk and errors. Titan's variable-cost solution and ability to help clients no matter what their size make Titan's services a good fit for lenders of all sizes looking for cost savings.
"Loan-by-loan flexibility with superior customer service - that is the promises we make to our correspondent lenders," said Norm Fitzgerald, senior vice president at PHH Mortgage. "Giving our lenders access to Titan's back-office fulfillment services is one more way we can help our customers enhance their profitability and grow their mortgage business."
About PHH Corporation:
Headquartered in Mount Laurel, New Jersey, PHH Corporation (NYSE: PHH) is a leading provider of business process management services for the mortgage and fleet industries. Its subsidiary, PHH Mortgage, is one of the top five retail originators of residential mortgages in the United States (*See Note 1), and its subsidiary, PHH Arval, is a leading fleet management services provider in the United States and Canada. PHH has more than 5,000 employees dedicated to delivering premier customer service and providing value-added solutions to its clients. For additional information about PHH and its subsidiaries, please visit the company's website at www.phh.com .
About Titan Lenders Corp.:
Titan Lenders Corp. (www.TitanLendersCorp.com) is one of a specialized few providers of mortgage back office fulfillment services, a not-well-understood facet of mortgage lending that includes closing, funding and post closing services. Community banks, credit unions, mortgage bankers and brokers, and warehouse line lenders use outsource providers strategically to minimize compliance risks in a time-sensitive error-averse environment. Fluctuations in mortgage lending volume also lead some mortgage lenders to outsource their entire back office operation and secure predictable "per transaction" pricing rather than maintaining an inflexible static in house staff.
Titan Lenders Corp.'s patented, proprietary web-based software Cerberyx (CBX) supports a full suite of fulfillment services, including: funding, compliance, closing, post-closing, purchase review for correspondents and warehouse lenders, trailing documents, MERS management, FHA insuring, and document management (imaging). CBX's flexible rules-based architecture allows Titan clients to define field level decision trees, priorities, checklists and process management specific to an investor product variance or a cross-investor climate.
*NOTE 1: Inside Mortgage Finance, Copyright 2011.
NEWS SOURCE: Titan Lenders Corp.
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2011 Neotrope® News Network - all rights reserved.
TAGS: Titan Lenders Corp., Banking and Finance, Send2Press.
Thu, 29 Dec 2011 08:59:39 GMT
Third Wave Business Systems Achieves SAP Accreditation for Active Quality Management
WAYNE, N.J., Dec. 6, 2011 (SEND2PRESS NEWSWIRE) -- Third Wave Business Systems today announced it has received the certificate of a new global quality accreditation program by SAP AG (NYSE:SAP). The certificate was awarded by the SAP® Active Quality Management organization for Third Wave Business Systems' demonstration of clear quality standards and processes. Through collaborative interaction with SAP, Third Wave Business Systems, Gold Channel Partner helps ensure that a customer project is delivered to specification, on budget and on time.
SAP launched a new global quality accreditation program for value-added resellers (VARs) that focus on SAP Business One solutions as well as members of the SAP Extended Business program. The accreditation is awarded globally to channel partners that prove active quality management of their sales processes and delivery methodologies.
Third Wave Business Systems (www.twbs.com) is closely aligned to the key principles of quality that SAP believes to be fundamental to the success of every implementation, designed to deliver high-quality software and support while providing the right processes, tools and services to drive successful projects and delivery.
Businesses today are continually challenged to manage risk in increasingly complex projects. As a certified member of the global quality accreditation program, Third Wave Business Systems will be able to help SAP customers avoid escalations, maintain profits, reduce profit dilution and improve successful delivery through the program lifecycle. In addition, the program offers a quality approach for sales processes and delivery methodologies through access to enhanced SAP channel quality templates and processes. With a distinct focus on quality deliverables, the accreditation also helps partners improve the success of bids by providing a sales differentiator from other partners through quality wording and information as well as risk mitigation activities.
"I'm proud of our team and our commitment to providing customers a great experience from start to finish," says Korey Lind, CEO. "This accreditation reaffirms the work we do to enable effective implementation of business processes using SAP solutions and to fulfill requirements to the highest standard."
The annual partner quality plan and quarterly quality reviews form the basis for the global quality accreditation program by providing a way to monitor joint performance and measure success. Partners are required to submit an annual quality plan to showcase how they will improve quality in their own organization during the year. In addition, the quarterly quality review enables joint risk monitoring via open bilateral communication as well as identifying and preventing issues.
"At SAP, we are continually striving to help customers manage the implementation of integrated software solutions, and encourage our partners to work to the principles of quality adhered to throughout SAP," said Paul Killingsworth, Director, Solution Experts & Customer Relations Business One, SAP North America. "The new global quality accreditation program allows us to work with partners such as Third Wave Business Systems to help ensure customers receive the necessary information to make informed decisions about their solution and implementation options, as well as realize the value of their investment early on and to its full potential."
About Third Wave Business Systems:
Third Wave Business Systems is recognized as a Microsoft Gold Certified Partner, SAP Business One Gold Partner, and SAP Pinnacle Award recipient. Third Wave has been an Accounting Technology "Top 10 VAR" every year since 2002. In addition to delivering superior business management system solutions, Third Wave is a top developer of SAP Business One add-ons for that provide functionality for specific business needs.
SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.
All other product and service names mentioned are the trademarks of their respective companies.
SAP Forward-looking Statement:
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
NEWS SOURCE: Third Wave Business Systems LLC
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2011 Neotrope® News Network - all rights reserved.
TAGS: Third Wave Business Systems LLC, VAR and IT Consulting, Send2Press.
Tue, 06 Dec 2011 17:12:00 GMT
Second Street Capital, Inc. to Provide Funding for Small Local Businesses, Real Estate and Export Trade Finance
VERO BEACH, Fla., Dec. 6, 2011 (SEND2PRESS NEWSWIRE) -- Second Street Capital, Inc. (SSCI), a publicly traded company, that suffered through the housing and credit crises beginning in 2007, has recently begun the process of recapitalizing and will soon begin operating as a specialty finance company, providing working capital to small and medium size local businesses and entrepreneurs. SSCI is headquartered in Ft. Lauderdale; however, Jack Rodgers, Maria Caldarone, and Laura Camisa all members of the management team will operate from a Vero Beach office.
SSCI is a value oriented lender focused specifically on small to medium sized companies and projects. SSCI helps to facilitate the flow of capital to community based companies in order to support job growth, share prosperity and increase the local tax base.
Jack Rodgers, Executive Vice President, stated today, "We want to promote old fashioned, value oriented investment policies by backing well managed local companies; places where we can eat, shop, watch our investments grow and contribute to the local economy." SSCI will specialize in making revenue participation loans and preferred equity investments from $500 thousand to $10 million for real estate, small business and global trade finance operations.
"We look forward to both, contributing to the local economy directly by operating our company and indirectly, as the result of capitalizing on strong local companies," said Maria Caldarone, also an Executive Vice President with SSCI.
Second Street Capital, Inc. (secondstreetcap.com), formerly known as Calton, Inc. ("Calton") (CTON.PK / Pink:CTON), announced on November 18, 2011 that it had raised capital in a private placement of common stock. Additionally, SSCI announced that:
* Calton's corporate name has been changed to Second Street Capital, Inc.
* A new Board of Directors and management team has been appointed.
* SSCI's primary business focus will be to operate as a specialty finance company providing asset based lending to small businesses, export trading companies and small and medium sized homebuilders and developers.
SSCI's new Chairman and Chief Executive Officer, Kyle E. Meyer, acquired shares of Calton's outstanding Common Stock pursuant to the private placement. Anthony J. Caldarone, who served as Calton's President and Chief Executive Officer until the completion of the private placement, also purchased shares of Common Stock in the transaction.
SSCI's Board of Directors now consists of Mr. Meyer, Mr. Caldarone, George Henderson and Maria F. Caldarone, who has served as an Executive Vice President of Calton since September 2002 and will continue serving in that capacity. Other members of the management team include Thomas Lunak, who will serve as President and Chief Operating Officer, Jack Rodgers and John Bock, who will serve as Executive Vice Presidents, and Laura Camisa, who has been appointed Chief Financial Officer. Ms. Camisa previously served as Calton's Chief Financial Officer from April 2004 through September 2007.
Certain information included in this press release may contain forward looking information that is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from expected results. Among these risks, trends and uncertainties are SSCI's ability to raise capital, risks associated with SSCI's new business plan, national and local economic conditions, including conditions in the homebuilding and construction industry, conditions and trends in the real estate industry in general, changes in interest rates and other factors.
NEWS SOURCE: Second Street Capital, Inc.
This story was issued by Send2Press® Newswire on behalf of the news source and is Copyright © 2011 Neotrope® News Network - all rights reserved.
TAGS: Second Street Capital, Inc., Banking and Finance, Send2Press.
Tue, 06 Dec 2011 09:59:00 GMT
|
