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Normal.dotm 0 0 1 205 1171 Farata 9 2 1438 12.0 0 false 18 pt 18 pt 0 0 false false false Many years ago when I wanted to leave computer business and purchase a gas station, a friend of mine who was in fuel business said, “You know nothing about gasoline. Stay where you are. Keep doing what you’re doing, just do it a little better than others”. Believe it or not – this simple advice really works, and I had a chance to see it in action today. Let me ask you this, “Can you come up with any innovation for the time interval between the moment you pressed the button Send in your email client and the moment when the send process actually begins”? No? And Microsoft couldn’t, even though MS Outlook is probably still the most popular email client. But Google found a way to use this time interval “a little better than others”. Today, I was sending an email using my gmail acc... (more)

Honeywell Reports Third Quarter Sales of $7.7 Billion

Honeywell (NYSE: HON) today announced third quarter 2009 sales of $7.7 billion, in line with expectations, versus $9.3 billion in the third quarter last year. Earnings were $0.80 per share compared to $0.97 per share in the third quarter of 2008. Third quarter 2009 EPS included the positive impact of lower than expected tax expense in the quarter of approximately $0.04, which the company expects to be offset on a full-year basis by a higher income tax rate in the fourth quarter of 2009. Cash flow from operations was $1,148 million versus $769 million last year, and free cash flow (cash flow from operations less capital expenditures) was $1,022 million versus $556 million in the third quarter of 2008. "Honeywell is positioning its businesses for long-term growth by continuing to invest in new products and services, geographic expansion, and key process initiatives,"... (more)

Gregs StorageIO Out and About Update

With the 2010 summer solstice having occurred in the northern hemisphere that means it is time for a quick out and about update. It has been a busy winter and spring in the office, on the road as well as at home. Some results of this recent activity have appeared in blog, on my web site as well as via other sites and venues. For example, activity or content ranges from Industry Trends and Perspectives white papers, reports, blogs, newsletter commentary, interviews, Internet TV, videos, web cast, pod casts (including several appearances on StorageMonkeys Infosmack as well as Rich Brambleys Virtumania), ask the expert (ATE) questions, twitter tweets, tips and columns. Then there were the many in person presentations, key note and seminar events, conferences, briefing sessions along with virtual conferencing and advisory consulting sessions (read and see more here). ... (more)

Toyota Brings 'Highway to the Future: Mobile Hybrid Experience' to the Wisconsin State Fair

WEST ALLIS, Wis., July 25 /PRNewswire/ -- Toyota is bringing its nationwide tour called "Highway to the Future: Mobile Hybrid Experience," to the Wisconsin State Fair in West Allis, Wisconsin on August 2-12, 2007. The tour is designed to provide consumers with a firsthand opportunity to experience automotive hybrid technology. The tour which will run 18 months debuted Jan. 11, 2007 at the San Jose International Auto Show and is traveling to more than 150 events throughout the country. Consumers will have an opportunity to test Toyota's Hybrid Synergy Drive system and learn about hybrid technology through a number of interactive educational exhibits. "Most people have heard of hybrid technology and probably have a vague idea of how it works, but few have actually driven a hybrid and or taken an up-close look at its operation," said Celeste Migliore, Toyota's National... (more)

Toyota Brings 'Highway to the Future: Mobile Hybrid Experience' to the Iowa State Fair

DES MOINES, Iowa, Aug. 1 /PRNewswire/ -- Toyota is bringing its nationwide tour called "Highway to the Future: Mobile Hybrid Experience," to the Iowa State Fair in Des Moines, Iowa on August 9-19, 2007. The tour is designed to provide consumers with a firsthand opportunity to experience automotive hybrid technology. The tour, which will run 18 months, debuted Jan. 11, 2007 at the San Jose International Auto Show and is traveling to more than 150 events throughout the country. Consumers will have an opportunity to test Toyota's Hybrid Synergy Drive system and learn about hybrid technology through a number of interactive educational exhibits. "Most people have heard of hybrid technology and probably have a vague idea of how it works, but few have actually driven a hybrid and or taken an up-close look at its operation," said Keith Dahl, Toyota's National Engagement M... (more)

BP and Verenium Announce Significant Partnership to Accelerate the Commercialization of Cellulosic Ethanol

CAMBRIDGE, Mass., Aug. 6 /PRNewswire-FirstCall/ -- BP and Verenium Corporation (Nasdaq: VRNM) today announced the creation of a strategic partnership to accelerate the development and commercialization of cellulosic ethanol. The partnership combines a broad technology platform and operational capabilities in an effort to advance the development of a portfolio of low-cost, environmentally sound cellulosic ethanol production facilities in the United States, and potentially throughout the world. Under the initial phase of the strategic alliance, Verenium is to receive $90 million in total funding from BP over the next 18 months for rights to current and future technology held within the partnership. "We are very excited and proud to be partnering with BP, a world leader in both the traditional and alternative energy industries that shares our commitment and vision to ... (more)

Pantech “Reveal” Leads AT&T’s Holiday Line Up

Pantech Wireless, Inc., – the U.S.-based subsidiary of Pantech Group, one of Korea’s largest mobile phone manufacturers – today announced the launch of Reveal, a full-feature double-keyboard phone, optimized for texting and emailing friends, flirts or family members, and surfing the Web. Reveal is the first in AT&T’s new line of quick messaging phones to hit stores, and is another example of an exciting Pantech handset at an attractive price. Available today in a glossy red or blue, Reveal is a perfect gift for any trendsetting teen or tween. Reveal is a slim, responsive slider that features an open-faced numeric keypad on the front of the phone which glides up to uncover a full keyboard underneath. Uniquely, both sets of keys stay active simultaneously, giving users fast access to numbers and letters at the same time – providing a truly quick messaging experience.... (more)

Mission NewEnergy Commissions Axens Biodiesel Trans-Refinery

SUBIACO, AUSTRALIA -- (Marketwire) -- 05/28/10 -- Mission NewEnergy Limited (ASX: MBT), a vertically integrated biodiesel producer, announced today that commissioning of its second 250,000 tons-per-annum (approximately 75 million gallons per annum) Axens 2nd Generation biodiesel trans-esterification refinery has been completed. During the performance tests, the plant achieved its nameplate capacity and met all guaranteed performance parameters. The biodiesel produced during the performance test has been evaluated by an internationally renowned external laboratory and the results exceed the European EN14214 specification for Biodiesel. Mission is in discussions with its turnkey contractor, KNM Process Systems Sdn Bhd, to finalise the handover of the plant to Mission. All approvals and licences required to operate the plant have been secured. As announced on 26 Novem... (more)

Mazda to Double Annual Production Capacity of SKYACTIV Engines to 800,000 units

Hiroshima, July 3, 2012 - (JCN Newswire) - Mazda Motor Corporation today announced it will double production capacity at its engine plant in Hiroshima. Production volume will be increased from 400,000 units to 800,000 units per year in October 2012. The plant produces SKYACTIV-D diesel engines and SKYACTIV-G gasoline engines. The capacity increase is made in response to increasing demand for cars incorporating the company's SKYACTIV TECHNOLOGY(1). It is made possible by Mazda's continued pursuit of a highly efficient flexible production system using multipurpose equipment. The SKYACTIV-G is a highly efficient, new-generation direct-injection gasoline engine. Mazda engineers overcame the problem of abnormal combustion, commonly known as "knocking", to achieve the world's highest compression ratio for a mass production gasoline engine for vehicles(2). It is presently ... (more)

Longwei Petroleum Provides Shareholder Update

TAIYUAN CITY, China, Oct. 30, 2012 /PRNewswire/ -- Longwei Petroleum Investment Holding Ltd. (NYSE MKT: LPH) ("Longwei" or the "Company"), an energy company engaged in the storage and distribution of finished petroleum products in the People's Republic of China ("PRC"), announced it has extended the expiration date of its October 29, 2009 financing warrants (the "Warrants") by one month from October 29, 2012 to November 29, 2012 to account for the NYSE closure on the original expiration date. Longwei previously completed a private placement financing, principally with institutional investors, on October 29, 2009, for approximately $14.8 million to provide inventory financing for its then newly acquired Gujiao facility. At the time of the financing, the Company issued a total of 14.8 million Warrants exercisable at $2.255 per share. These investors have subsequently... (more)

Felipe Massa Gives First Glimpse Of New Circuit Of The Americas

AUSTIN, Tex., Nov. 16, 2012 /PRNewswire/ -- The 2012 season sees Formula 1 racing return to the United States for the first time since 2007 with an all-new venue in Austin, Texas. To help launch this very special weekend, Massa joined invited media guests from around the world to give them a first glimpse of the 5.5-kilometre (3.4-mile) Grand Prix circuit. (Logo: http://photos.prnewswire.com/prnh/20120917/MM76045LOGO) Visiting a new track is nothing Scuderia Ferrari and its Technical Partner Shell are not used to. The secret of success is being able to anticipate the challenge before you arrive – thus making work done in the simulators and engine test bays critical. Having worked together since the birth of the FIA Formula 1 World Championship, the pair have encountered many races at unfamiliar tracks and Shell scientists have worked closely with Ferrari engineers t... (more)