Daily Archives: April 19, 2018

SpeeDx receives FDA clearance for Mycoplasma genitalium product

SYDNEY, Australia, April 19, 2018 (GLOBE NEWSWIRE) — SpeeDx’s ResistancePlus® MG Positive Control kit has now been listed with the US Food and Drug Administration (FDA) for sale in the United States through the company’s recently incorporated US entity, SpeeDx Inc. The announcement coincides with the FDA registration of the Australian parent company – SpeeDx Pty Ltd – as a Medical Device Manufacturing Establishment, and clinical trials remain on-track for the ResistancePlus MG assay.*

The ResistancePlus MG Positive Control kit contains synthetic DNA to simulate Mycoplasma genitalium, as well as five mutations known to confer resistance to macrolide antibiotics. Macrolide-resistant M. genitalium is a challenging sexually transmitted infection (STI), and global management guidelines are currently being adapted to deal with the rise in resistance. “This is an important product in our portfolio,” said Elisa Mokany, Chief Technology Officer for SpeeDx. “M. genitalium is very difficult to culture, and positive material for quality control can be hard to come by.”

SpeeDx’s ResistancePlus MG assay is the first commercially available diagnostic test that simultaneously detects M. genitalium and genetic markers for antimicrobial resistance, and has been widely adopted across Europe, Australia and New Zealand since gaining CE marking in 2016. “We have a strong focus on tackling the global antimicrobial resistance problem,” said Colin Denver, CEO of SpeeDx. “STIs are set to become the first incurable bacterial infections, and our ResistancePlus line of diagnostic tests empowers clinicians to make informed treatment decisions.”

About Mycoplasma genitalium

M. genitalium can cause symptoms such as urethritis, cervicitis, endometritis and pelvic inflammatory disease. In recent studies, it has been found to have a higher prevalence than gonorrhoea. Like gonorrhoea, M. genitalium is evolving into a so-called STI superbug that is becoming resistant to many antibiotic treatments, leading to exceedingly difficult-to-treat infections and threatening global public health.

Macrolide antibiotics, specifically azithromycin, are the first-line treatments for the rapidly growing problem of M. genitalium STIs, but resistance to these antibiotics has increased by up to 60 percent in several countries. This development led guidelines on M. genitalium infections in Europe and Australia recommending the molecular detection of M. genitalium be complemented with an assay capable of detecting macrolide resistance-associated mutations.

About SpeeDx

Founded in 2009, SpeeDx is an Australian-based private company with offices in London and the US, and distributors across Europe. SpeeDx specializes in molecular diagnostic solutions that go beyond simple detection to offer comprehensive information for improved patient management. Innovative real-time polymerase chain reaction (qPCR) technology has driven market-leading multiplex detection and priming strategies. Product portfolios focus on multiplex diagnostics for sexually transmitted infection (STI), antibiotic resistance markers, and respiratory disease. Currently, SpeeDx markets the only CE-marked and TGA approved commercial molecular test for the STI M. genitalium (ResistancePlus® MG*) that combines detection of the disease with detection of markers for antibiotic resistance.
For more information about SpeeDx please see: http://plexpcr.com

Not available in the US

Contacts for SpeeDx:
Madeline O’Donoghue
madelineo@speedx.com.au
+61 2 8212 8512 (ext 008)

Taconic Biosciences Launches New Inflammatory Bowel Disease Models

RENSSELAER, N.Y., April 19, 2018 (GLOBE NEWSWIRE) — Taconic Biosciences, a global leader in providing genetically engineered mouse model and service solutions, announces the launch of several new inflammatory bowel disease (IBD) animal models.

As a fully-licensed provider of CRISPR/Cas9 gene editing technology, Taconic scientists knocked out the mouse Il10 gene to generate a spontaneous colitis mouse models.  The new knockout models were created on Taconic’s B6 (C57BL/6NTac) and BALB/c (BALB/cAnNTac) backgrounds, and are available at both the Excluded Flora (EF) and Germ Free (GF) health standards.  Beyond the scientific benefits, Taconic is also making them easy to access by offering these models to commercial, contract research organization (CRO), and academic institutions under a simple label license.  This represents a departure from the license requirements for Il10 knockouts from other animal model providers.

“In order for animal models to drive drug discovery they need to be both scientifically sound and accessible to the research community.  Taconic checks both of those boxes with the launch of these Il10 knockouts, underscoring the company’s extensive metabolic and microbiome portfolio and commitment to providing our customers with the best animal model solutions to accelerate discoveries for the prevention and treatment of disease,” commented Dr. Michael Seiler, vice president of commercial products.

Complete information on the Il10 knockout on the B6 background is immediately available on Taconic’s website, and the model built on the BALB/c background will be available in Fall 2018.

The Taconic IBD portfolio includes standard strains such as the B6 for chemically-induced colitis, Rag2 knockouts or C.B-17 scids for adoptive transfer colitis, and MDR1A for spontaneous colitis.  Additionally, Taconic also supports metabolic research through an extensive portfolio of microbiome products and services.  Launching these Il10 knockouts underscores Taconic’s leadership providing solutions in the metabolic disease field.   According to the CDC, between 1 and 1.3 million people suffer from IBD in the United States (https://www.cdc.gov/ibd/ibd-epidemiology.htm), with global prevalence a major focus for the pharmaceutical industry, representing a significant market opportunity.

To learn more about how Taconic’s animal model solutions can progress your research, please call 1-888-TACONIC (888-822-6642) in the US, +45 70 23 04 05 in Europe, or email info@taconic.com.

About Taconic Biosciences, Inc.
Taconic Biosciences is a fully-licensed, global leader in genetically engineered rodent models and services. Founded in 1952, Taconic provides the best animal solutions so that customers can acquire, custom generate, breed, precondition, test, and distribute valuable research models worldwide. Specialists in genetically engineered mouse and rat models, precision research mouse models, and integrated model design and breeding services, Taconic operates three service laboratories and six breeding facilities in the U.S. and Europe, maintains distributor relationships in Asia and has global shipping capabilities to provide animal models almost anywhere in the world.

Media Contact:
Kelly Owen Grover
Director of Marketing Communications
(518) 697-3824
kelly.grover@taconic.com

Cisco ACI Is Data Center Solution of Choice for Service Providers Worldwide

Service providers deliver new cloud services more quickly and offer superior customer experience with the help of Cisco Application Centric Infrastructure

SAN JOSE, Calif., April 19, 2018 (GLOBE NEWSWIRE) — Providing secure, differentiated and rapidly delivered cloud services to customers is a crucial requirement for today’s service providers.  To meet cloud infrastructure demands, global service providers are increasingly turning to the Cisco® Application Centric Infrastructure (Cisco ACI™), the industry-leading software-defined networking (SDN) solution. Cisco ACI reduces operational costs with an automated, policy-based programmable architecture, while improving scalability and security. In addition, new Cisco ACI multi-site management capability helps service providers to connect and manage multiple geographically distributed Cisco ACI fabrics and to move and manage workloads with a single pane of glass.

Cisco ACI is being deployed worldwide by service providers such as NTT Communications (United States), T-Systems (Germany), Hosters (Denmark), scanplus GmbH (Germany), Tieto Oyj (Finland), and Ritter (United States).

NTT Communications
NTT Communications (NTT Com) is a subsidiary of NTT Group and a 20-year IT service provider veteran.   The U.S. division of NTT Com recognized a market opportunity to better serve the enterprise market with a portfolio of managed service offerings tailored to key vertical markets that would also meet compliance mandates and regulations.

To succeed in this new direction, NTT Com decided to transform its data centers with a focus on greater security and performance. NTT Com selected Cisco ACI because it offered a much more agile management model over competing industry solutions.  NTT Com can now quickly set up highly complex data center domains, bringing new customers onboard in as little as three days, and the security policies inherent in Cisco’s SDN solution also support the compliance needs of its customers.

“Cisco ACI means applications guide the way the network acts, not the other way around,” says Indranil Sengupta, vice president of product engineering at NTT Com.  “We’re able to offer an outstanding customer experience with fewer errors and up to 80 percent better application performance.”

T-Systems

With operations in more than 20 countries and multi-billion euro revenues, T-Systems, based in Germany, is one of the world’s leading providers of information and communications technology.  Increasingly T-Systems midsize customers are requesting new services based on cloud services and innovative business models, such as data analytics, the Internet of Things, machine-to-machine communications, and industrial Internet.  T-Systems selected Cisco ACI to provide its customers with tailored infrastructure, platforms, and software solutions.

“Our customers want high quality services, uncompromised security, and flexibility, all at a reasonable price,” says Andreas Schwall, Delivery Executive Production Midmarket at T-Systems. “Our challenge was to reduce IT effort and maintenance-based outages, while improving capacity at the network and security layer.”

In addition, Cisco ACI allows T-Systems to run more agile, flexible operations and open up new security offerings for customers. “Based on open APIs and an application-centric view of our landscape, we can reduce lead times during the onboarding process and rapidly add more services to our portfolio,” adds Schwall.

Now application traffic steers the network, rather than the other way around, enabling T-Systems to build the network environment around different customer applications, significantly improving performance and better meeting requirements.   Optimizing software-defined automation has reduced manual tasks by 90%, providing a productivity gain equivalent to three full-time employees.

Hosters
Hosters, located in Denmark, is a certified Microsoft Azure Managed Service Provider offering cloud and hybrid solutions.  The company turned to Cisco ACI to reduce time to market and to provide customers with the right solution easily and quickly.  Security was also an important consideration, and Hosters worked with Fortinet and Cisco ACI to ensure the highest levels of security for customers.  Cisco ACI is now operating in three Hosters data centers and baby spines, and the company is planning to upgrade its data centers to 100GbE, made easier with the Cisco ACI deployment.

“The results of the Cisco ACI deployment have exceeded our expectations,” said Thomas Raabo, CTO, Hosters.  “Our deployment time of new services to customers has been cut down from weeks to hours, and we are spending less time on systems integration and more time on innovation.  We’re moving to a DevOps model of continuous improvement, and we’re creating agility and value that can be passed along to our customers.”

scanplus GmbH
As a leading provider of managed cloud services in Germany, scanplus delivers to Deutsche Telekom business customers carrier-grade cloud services with rock-solid service level agreements throughout Europe. scanplus wanted to provide Deutsche Telekom customers with a “cloud in a box” that offered options and full automation and delivery through a self-service portal. scanplus chose Cisco ACI to address these needs, and will also benefit from a network fabric that scales to multiple sites, with single pane-of-glass management and automation.  Because scanplus is supporting a large number of business customers in a shared cloud environment, data protection and strict tenant segmentation are essential.   Designed for secure multi-tenancy, Cisco ACI makes it possible for applications and users to share the same infrastructure without leaking information across tenant boundaries.

“With Cisco ACI, we have full segmentation of each tenant, and can also reference other tenant objects within a tenant while maintaining isolation, which makes them private, separated, and highly secure,” said Stefan Daiber, head of architecture at scanplus.

Using Cisco ACI multi-site functionality, scanplus is also in the process of extending its network fabric to multiple data centers.  Because the solution works with any vendor’s hypervisor, it can easily accommodate the different systems in each location.

“The openness of Cisco ACI is a big benefit,” said Daiber.  “It doesn’t just support any hypervisor, but also all of the network equipment surrounding the hypervisor.  It gives us a tremendous amount of choice and flexibility.”

Tieto Oyj
Tieto Oyj, headquartered in Finland, is a Nordic software and services company.   Tieto has deployed Cisco ACI as a Layer 2 fabric in six data centers in three countries.  Tieto’s growth strategy is to shift from providing basic services to also delivering an outstanding experience for its customers. That means being able to deliver services quickly and making it possible to build anything on the application level that a customer wants—without being hindered by the underlying physical infrastructure.

Tieto selected Cisco ACI solution to ensure a holistic architecture with centralized automation and policy-driven application profiles. Using the Cisco ACI unified policy model, the team enforces policy through endpoint groups (EPGs), a collection of network endpoints that includes a wide range of entities, including bare-metal servers, virtual machines, and containers.

“Cisco ACI provides a foundation that we can build on to channel innovation into new services,” said Juha Syrjänen, Head of Connectivity Services Business at Tieto. “We’ll be able to quickly and efficiently deliver basic connectivity services, while building a new connectivity ecosystem between our customers, their other partners, and Tieto.”

Ritter Communications
Headquartered in the United States, Ritter Communications serves more than 45,000 customers in rural Arkansas and Tennessee with advanced voice and data services typically only found in major metropolitan areas.  Although Ritter Communications has provided local phone service since 1906, sheer connectivity doesn’t deliver the revenues it once did.  Ritter needed to deliver a new set of business-focused cloud services to drive revenue growth.  But Ritter had limited operational experience with cloud services, and so did its customers.

“We serve a very rural market, and many network managers are tied to their servers.  They wouldn’t feel comfortable putting everything in the public cloud,” said Greg Sunderwood, vice president of engineering at Ritter Communications.   “We wanted more differentiation on the front end and more control on the back end.”

Ritter’s Hosted Solutions team found the answer in Cisco Cloud Architecture for the Microsoft Cloud Platform.  The integrated solutions feature a combination of Cisco ACI, Windows Azure Pack, and Cisco Unified Computing Systems (UCS®).

“We essentially pull the public cloud into a customer’s environment,” says Brandon Fergerson, senior cloud engineer at Ritter Communications.  “Microsoft Azure is the customer-facing management console, and Cisco ACI handles back end infrastructure and network management.”

The Hosted Solutions team has gone from manual provisioning to 100 percent virtual deployments, and customer spending for the new services is 50 to 60 percent higher than Ritter anticipated.

“We’ve turned server-hugging skepticism into cloud-first approaches,” Fergerson says.  “I see it all the time.  The subscriptions start with just one low-risk server, then it seems like every time I check back on that tenant, they are adding more and more resources in the cloud as the trust grows.  The Ritter cloud is a simple, customer-friendly, highly automated offering, and it’s been the catalyst for a mind shift—for us and our customers.”

Additional Resources
Read case study: NTT Communications
Read case study:  T-Systems
Read case study:  scanplus GmbH
Read case study: Hosters
Read case study:  Tieto Oyj
Read case study:  Ritter Communications
Learn more about: Cisco ACI
Learn more about Cisco ACI ecosystem partners
Learn more about: Cisco data center technology

About Cisco
Cisco (NASDAQ:CSCO) is the worldwide technology leader that has been making the Internet work since 1984. Our people, products, and partners help society securely connect and seize tomorrow’s digital opportunity today. Discover more at thenetwork.cisco.com and follow us on Twitter at @Cisco.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco’s trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.

RSS Feed for Cisco: http://newsroom.cisco.com/rss-feeds

Press Relations:
Lee Davis
Cisco                         
650-868-3036
leedavis@cisco.com

Analyst Relations:
Aimee Schoaf
Cisco                         
623-377-0377
aschoaf@cisco.com

Investor Relations
Carol Villazon
Cisco
408-527-6538
carolv@cisco.com

Surge in Management Liability Claims Driven by Harassment Highlights Latest Clements Worldwide Risk Index Findings

NGOs and international schools are the leading industries experiencing loss from this growing trend

Washington, DC, April 19, 2018 (GLOBE NEWSWIRE) — The rise of professional and management liability due to global harassment and abuse claims is a leading cause of loss and risk among global organizations, according to the 2018 Clements Worldwide Risk Index, released today in Lagos, Nigeria in an event held in collaboration with the U.S. Embassy in Nigeria.

The survey, which is released annually, found that 17 percent of the organizations surveyed shared they were subject to a lawsuit or litigation within the last six months, with industries such as international schools (28 percent), government agencies (25 percent) and government contractors (29 percent) the most impacted by this loss.  Twenty-seven percent of NGOs and UN agencies reported that they had suffered a significant loss from professional and management liability.

The focus on professional and management liability risks, which also includes gender pay gap and duty of care, by NGOs and international schools are new to the top featured losses and concerns of the survey, and threaten the quality of education and services provided to students and beneficiaries of their care. This coupled with emerging threats such as natural disasters, which cost the world $306 billion according to Swiss Re, nearly double the cost of 2016, and legislation posing greater challenges to program and school operations, data protection and infrastructure, make life challenging for these industries.

“Having worked in this business for over 30 years, I thought that nothing surprises me anymore, but we did not anticipate seeing such a surge in management liability claims and for it to be such a huge loss for our primary two segments – NGOs and international schools,” said Dan Tuman, President, Clements Worldwide. “In today’s social climate, these trends make a clear case for organizations and industries everywhere to take steps to adapt their policies accordingly and prepare for the unexpected as no one is immune to risk.”

And while respondents have shifted their attention to other losses besides political violence, more than 35 percent of respondents still express worry over increased threats of political violence and disruptions from elections or political environment, up from 27 percent last year. More conflict seems likely given the existing civil wars in Syria and Yemen, Al Shabaab in East Africa and Al Qaeda in West Africa.

Furthermore, political violence and disruption may present challenges leading up to some of the important elections on the schedule this year, including the Pakistani general election, Mexican presidential election and South Sudan general election this summer; and the Thailand general election, The Democratic Republic of Congo election and United States midterm elections later this year.

Among other results reported, almost a third of respondents said that a disruption due to terrorism is likely to happen in the next six to 12 months, with 58 percent of government agencies reporting terrorism as a significant concern.

Additionally, legislation and regulatory risk remains a primary concern with nearly 37 percent believing there will be an increase in bureaucracy for business processes and specific industries like NGOs and UN organizations sharing that nearly one in four had experienced high losses from changes in regulation.

These facts reinforce that last year’s global legislation and political leadership worries surrounding the rise of nationalism, trade barriers and fluctuating currencies have been replaced this year with the United States increasing tariffs on steel and aluminum, greater deregulation and protectionism by President Trump, Brexit and renewed fallout from elections; and it may get worse before it gets better.

However, the culmination of these critical risks has not deterred an overwhelming majority of respondents surveyed from expanding their international operations, with only 13 percent saying they would delay, down from 37 percent last year, which reinforces that organizations are taking the shifting geopolitical risks seriously and adapting accordingly.

The survey reports responses from more than 500 senior risk management executives in the international education, IT, manufacturing, construction, government, banking, transportation, non-government organizations (NGO), tourism, education and oil and gas sectors. In addition to today’s Lagos, Nigeria event, the survey will be featured at a panel discussion next week in Amman, Jordan.

The full 2018 Clements Worldwide Risk Index, which was conducted online from January to February 2018, is now available at clements.com/riskindex.

Clements Worldwide is a leading insurance provider for expatriates and international organizations. Founded in 1947, Clements offers international car, property, term life, disability, health, specialty, and high-risk insurance in over 170 countries. With offices in Washington, D.C., London, and Dubai, Clements delivers comprehensive and customized coverage, superior customer service, and unparalleled claims response. For more information on the Clements Worldwide Risk Index and the methodology associated with the survey visit www.clements.com/riskindex. To learn more or receive a quote online, visit www.clements.com.

Attachment

Patricia Loria
Clements Worldwide
2028720060
ploria@clements.com

Surge in Management Liability Claims Driven by Harassment Highlights Latest Clements Worldwide Risk Index Findings

NGOs and international schools are the leading industries experiencing loss from this growing trend

Washington, DC, April 19, 2018 (GLOBE NEWSWIRE) — The rise of professional and management liability due to global harassment and abuse claims is a leading cause of loss and risk among global organizations, according to the 2018 Clements Worldwide Risk Index, released today in Lagos, Nigeria in an event held in collaboration with the U.S. Embassy in Nigeria.

The survey, which is released annually, found that 17 percent of the organizations surveyed shared they were subject to a lawsuit or litigation within the last six months, with industries such as international schools (28 percent), government agencies (25 percent) and government contractors (29 percent) the most impacted by this loss.  Twenty-seven percent of NGOs and UN agencies reported that they had suffered a significant loss from professional and management liability.

The focus on professional and management liability risks, which also includes gender pay gap and duty of care, by NGOs and international schools are new to the top featured losses and concerns of the survey, and threaten the quality of education and services provided to students and beneficiaries of their care. This coupled with emerging threats such as natural disasters, which cost the world $306 billion according to Swiss Re, nearly double the cost of 2016, and legislation posing greater challenges to program and school operations, data protection and infrastructure, make life challenging for these industries.

“Having worked in this business for over 30 years, I thought that nothing surprises me anymore, but we did not anticipate seeing such a surge in management liability claims and for it to be such a huge loss for our primary two segments – NGOs and international schools,” said Dan Tuman, President, Clements Worldwide. “In today’s social climate, these trends make a clear case for organizations and industries everywhere to take steps to adapt their policies accordingly and prepare for the unexpected as no one is immune to risk.”

And while respondents have shifted their attention to other losses besides political violence, more than 35 percent of respondents still express worry over increased threats of political violence and disruptions from elections or political environment, up from 27 percent last year. More conflict seems likely given the existing civil wars in Syria and Yemen, Al Shabaab in East Africa and Al Qaeda in West Africa.

Furthermore, political violence and disruption may present challenges leading up to some of the important elections on the schedule this year, including the Pakistani general election, Mexican presidential election and South Sudan general election this summer; and the Thailand general election, The Democratic Republic of Congo election and United States midterm elections later this year.

Among other results reported, almost a third of respondents said that a disruption due to terrorism is likely to happen in the next six to 12 months, with 58 percent of government agencies reporting terrorism as a significant concern.

Additionally, legislation and regulatory risk remains a primary concern with nearly 37 percent believing there will be an increase in bureaucracy for business processes and specific industries like NGOs and UN organizations sharing that nearly one in four had experienced high losses from changes in regulation.

These facts reinforce that last year’s global legislation and political leadership worries surrounding the rise of nationalism, trade barriers and fluctuating currencies have been replaced this year with the United States increasing tariffs on steel and aluminum, greater deregulation and protectionism by President Trump, Brexit and renewed fallout from elections; and it may get worse before it gets better.

However, the culmination of these critical risks has not deterred an overwhelming majority of respondents surveyed from expanding their international operations, with only 13 percent saying they would delay, down from 37 percent last year, which reinforces that organizations are taking the shifting geopolitical risks seriously and adapting accordingly.

The survey reports responses from more than 500 senior risk management executives in the international education, IT, manufacturing, construction, government, banking, transportation, non-government organizations (NGO), tourism, education and oil and gas sectors. In addition to today’s Lagos, Nigeria event, the survey will be featured at a panel discussion next week in Amman, Jordan.

The full 2018 Clements Worldwide Risk Index, which was conducted online from January to February 2018, is now available at clements.com/riskindex.

Clements Worldwide is a leading insurance provider for expatriates and international organizations. Founded in 1947, Clements offers international car, property, term life, disability, health, specialty, and high-risk insurance in over 170 countries. With offices in Washington, D.C., London, and Dubai, Clements delivers comprehensive and customized coverage, superior customer service, and unparalleled claims response. For more information on the Clements Worldwide Risk Index and the methodology associated with the survey visit www.clements.com/riskindex. To learn more or receive a quote online, visit www.clements.com.

Attachment

Patricia Loria
Clements Worldwide
2028720060
ploria@clements.com

Algeco Scotsman Releases Fourth Quarter 2017 Financial Report

BALTIMORE, April 18, 2018 (GLOBE NEWSWIRE) — Algeco Investments B.V. (together with its subsidiaries, “Algeco Scotsman”), the leading global business services provider of modular space, secure portable storage solutions and remote workforce accommodations, today announced that it has posted its fourth quarter 2017 financial report and the slide presentation to accompany the previously announced fourth quarter 2017 financial results conference call (scheduled for Thursday, April 19, 2018 at 10:00 a.m., Eastern Time) at http://www.algecoscotsman.com/en/investors.html.

About Algeco Scotsman

Algeco Scotsman is the leading global business services provider focused on modular space, secure portable storage solutions, and remote workforce accommodation management. Headquartered in Baltimore, Algeco Scotsman has operations in 24 countries with approximately 245,000 modular space and portable storage units and 11,400 remote accommodations rooms. The company operates as Target Logistics in North America, Algeco in Europe, Elliott in the United Kingdom, Ausco in Australia, Portacom in New Zealand, and Algeco Chengdong in China.

Investor Relations Contact

Scott Shaughnessy
Vice President, Finance
Algeco Scotsman
+1 410-933-5921
Scott.Shaughnessy@as.willscot.com

Algeco Scotsman Releases Fourth Quarter 2017 Financial Report

BALTIMORE, April 18, 2018 (GLOBE NEWSWIRE) — Algeco Investments B.V. (together with its subsidiaries, “Algeco Scotsman”), the leading global business services provider of modular space, secure portable storage solutions and remote workforce accommodations, today announced that it has posted its fourth quarter 2017 financial report and the slide presentation to accompany the previously announced fourth quarter 2017 financial results conference call (scheduled for Thursday, April 19, 2018 at 10:00 a.m., Eastern Time) at http://www.algecoscotsman.com/en/investors.html.

About Algeco Scotsman

Algeco Scotsman is the leading global business services provider focused on modular space, secure portable storage solutions, and remote workforce accommodation management. Headquartered in Baltimore, Algeco Scotsman has operations in 24 countries with approximately 245,000 modular space and portable storage units and 11,400 remote accommodations rooms. The company operates as Target Logistics in North America, Algeco in Europe, Elliott in the United Kingdom, Ausco in Australia, Portacom in New Zealand, and Algeco Chengdong in China.

Investor Relations Contact

Scott Shaughnessy
Vice President, Finance
Algeco Scotsman
+1 410-933-5921
Scott.Shaughnessy@as.willscot.com