Daily Archives: August 29, 2017

Palo Alto startup 8th Wall launches cross-platform tools for Mobile AR

8th Wall XR provides a single solution for developing AR apps on all iOS and Android phones

PALO ALTO, Calif., Aug. 28, 2017 (GLOBE NEWSWIRE) — 8th Wall, Inc. announced today 8th Wall XR, the world’s first Augmented Reality (AR) platform that works on all commonly available iOS and Android phones and integrates seamlessly with ARKit (Apple) and Tango (Google).AR-Screenshot

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/51163dc6-2e25-4f8d-a653-d797786f1e26

Founded in August 2016, 8th Wall is a Palo Alto startup made up of an all-star team of ex-Google and Facebook engineers with extensive experience in computer vision, machine learning and product development. Passionate about AR, the team believes that the shift to widespread AR adoption will start with today’s mobile phones. As a result they have been working on a suite of native tools that make it effortless to develop AR applications for mobile.

Even with promising native AR frameworks such as ARKit becoming available later this year, current estimates put the availability of native mobile AR frameworks at less than 15% of smartphones in 2018. This severely limits the consumer reach of these applications compared to standard mobile apps.

In contrast, 8th Wall XR provides a cross-platform AR solution that works on any common phone with or without native AR frameworks, proving an estimated 650% increase in the number of supported smartphones. When a phone supports a native framework such as ARKit or Tango, 8th Wall XR uses these libraries to provide 6 Degrees-of-Freedom (DoF) tracking, surface estimation, lighting estimation, and calibrated scene display. For other phones, 8th Wall XR provides 3DoF tracking, fixed surfaces, camera calibration information and vision-based lighting estimation. Later this year the team plans to bring 6 DoF to all supported phones as well, using 8th Wall’s vision and machine learning algorithms.

“8th Wall XR works by bringing the best possible AR experience to each user’s device,” said Erik Murphy-Chutorian, Founder and CEO of 8th Wall. “It leverages native libraries like ARKit or Tango when available, and in their absence as is common today, the very same apps run on all other iOS or Android devices by using the phone’s camera and inertial sensors. We’ve made it much faster to develop as well, addressing the current shortcomings and challenges in building an AR app today. With 8th Wall XR, developers can now effortlessly create an AR application in a matter of minutes.”

Beginning today, 8th Wall XR is publicly available to Unity developers at www.8thwall.com and is also available as a native library for iOS and Android per arrangement.  The team plans to support additional platforms in the future.

About 8th Wall, Inc.

8th Wall’s mission is to break the wall between the digital world and the physical world by creating software that enables developers to quickly and easily build mobile applications that interact with the real world. The 8th Wall team is comprised of proven experts with deep expertise in computer vision, image infrastructure, machine learning and full-stack mobile product development. For more information, please visit www.8thwall.com

Trademarks

8th Wall, 8th Wall, Inc., 8th Wall XR and associated logos are registered trademarks or trademarks of 8th Wall, Inc. and/or its affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners.

Safe Harbor

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for 8th Wall’s products remain at the sole discretion of 8th Wall, Inc.

Dana Elizabeth
dana@8thwall.com

Sundance Energy Australia Limited Provides Production Update Following Hurricane Harvey

DENVER, Aug. 28, 2017 (GLOBE NEWSWIRE) — Sundance Energy Australia Limited (ASX:SEA) (NASDAQ:SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, shut in approximately 75% of its Eagle Ford production on Friday, August 25, 2017 in the United States to ensure the safety its local employees and protect from potential environmental and equipment damage due to Hurricane Harvey.  Forecasted high winds of over 140 miles per hour and over 40 inches of rain are expected to cause catastrophic flooding.  The hurricane has caused the majority of midstream and downstream natural gas and crude oil infrastructure to be shut down across the Texas Gulf Coast.

For the past 30-days and week prior to shutting in its wells Sundance was producing over 10,500 boe/d.  Sundance anticipates its wells will be shut down for at least one week depending on the course of the storm. Once the storm has passed it will take at least one week to bring wells back online due to expected high demand for oil tanker trucks and other services.

About Sundance Energy Australia Limited

Sundance Energy Australia Limited (“Sundance” or the “Company”) is an Australian-based, independent energy exploration company, with a wholly owned US subsidiary, Sundance Energy Inc., located in Denver, Colorado, USA.

The Company is focused on the acquisition and development of large, repeatable oil and natural gas resource plays in North America. Current activities are focused in the Eagle Ford.  A comprehensive overview of the Company can be found on Sundance’s website at www.sundanceenergy.net

Summary Information

The following disclaimer applies to this document and any information contained in it. The information in this release is of general background and does not purport to be complete. It should be read in conjunction with Sundance’s periodic and continuous disclosure announcements lodged with ASX Limited that are available at www.asx.com.au and Sundance’s filings with the Securities and Exchange Commission available at www.sec.gov

Forward Looking Statements

This release may contain forward-looking statements. These statements relate to the Company’s expectations, beliefs, intentions or strategies regarding the future. These statements can be identified by the use of words like “anticipate”, “believe”, “intend”, “estimate”, “expect”, “may”, “plan”, “project”, “will”, “should”, “seek” and similar words or expressions containing same.

These forward-looking statements reflect the Company’s views and assumptions with respect to future events as of the date of this release and are subject to a variety of unpredictable risks, uncertainties, and other unknowns. Actual and future results and trends could differ materially from those set forth in such statements due to various factors, many of which are beyond our ability to control or predict. These include, but are not limited to, risks or uncertainties associated with the discovery and development of oil and natural gas reserves, cash flows and liquidity, business and financial strategy, budget, projections and operating results, oil and natural gas prices, amount, nature and timing of capital expenditures, including future development costs, availability and terms of capital and general economic and business conditions. Given these uncertainties, no one should place undue reliance on any forward looking statements attributable to Sundance, or any of its affiliates or persons acting on its behalf.  Although every effort has been made to ensure this release sets forth a fair and accurate view, we do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For more information, please contact:

United States
Eric McCrady, Managing Director 
Tel: +1 (303) 543 5703

Australia
Mike Hannell, Chairman
Tel: +61 8 8363 0388

Abiomed Announces Resignation of Chief Financial Officer and Welcomes Back Former Chief Financial Officer as Consultant

DANVERS, Mass., Aug. 28, 2017 (GLOBE NEWSWIRE) — Abiomed, Inc. (NASDAQ:ABMD), a leading provider of breakthrough heart support and recovery technologies, announced today that it has accepted the resignation of its Chief Financial Officer, Michael Tomsicek, effective August 24, 2017.  After two years, Mr. Tomsicek is leaving the Company to pursue other interests.

While the Company performs its external search to identify a replacement for Mr. Tomsicek, the Company’s former Chief Financial Officer, Robert Bowen, will return from retirement to support the organization as a consultant until a new CFO has been recruited and hired. Mr. Bowen served as the Company’s CFO from December 2008 to July 2015, during a period of substantial growth for the Company and advised the Company in a consulting role for one year following his retirement.

Ian McLeod, Company Vice President and Corporate Controller, will perform the functions of principal financial officer and principal accounting officer on an interim basis until a permanent CFO has been hired. Mr. McLeod has been employed at the Company for the last ten years and has served as an outstanding Corporate Controller during that period.

“We wish Mike Tomsicek all the best as he explores other opportunities and thank him for maintaining high standards of financial compliance and quality,” said Michael R. Minogue, Chairman, President and Chief Executive Officer, Abiomed. “We also welcome back Bob Bowen, who has been instrumental to Abiomed’s success over nearly the last decade.”

ABOUT IMPELLA HEART PUMPS

The Impella 2.5®, Impella CP® and Impella 5.0® are FDA-approved heart pumps used to treat heart attack patients in cardiogenic shock, and have the unique ability to enable native heart recovery, allowing patients to return home with their own heart. The Impella 2.5 and Impella CP devices are also approved to treat certain advanced heart failure patients undergoing elective and urgent percutaneous coronary interventions (PCI) such as stenting or balloon angioplasty, to re-open blocked coronary arteries. Abiomed’s right-side heart pump, the Impella RP® device, is approved to treat certain patients experiencing right heart failure. To learn more about the Impella platform of heart pumps, including their approved indications and important safety and risk information associated with the use of the devices, please visit: www.protectedpci.com.

The ABIOMED logo, ABIOMED, Impella, Impella 2.5, Impella 5.0, Impella LD, Impella CP, Impella RP, and Recovering Hearts. Saving Lives. are registered trademarks of ABIOMED, Inc. in the U.S. and in certain foreign countries.

ABOUT ABIOMED 
Based in Danvers, Massachusetts, Abiomed, Inc. is a leading provider of medical devices that provide circulatory support. Our products are designed to enable the heart to rest by improving blood flow and/or performing the pumping of the heart. For additional information, please visit: www.abiomed.com.

FORWARD-LOOKING STATEMENTS

This release contains forward-looking statements, including statements regarding development of Abiomed’s existing and new products, the Company’s progress toward commercial growth, and future opportunities and expected regulatory approvals. The Company’s actual results may differ materially from those anticipated in these forward-looking statements based upon a number of factors, including uncertainties associated with development, testing and related regulatory approvals, including the potential for future losses, complex manufacturing, high quality requirements, dependence on limited sources of supply, competition, technological change, government regulation, litigation matters, future capital needs and uncertainty of additional financing, and other risks and challenges detailed in the Company’s filings with the Securities and Exchange Commission, including the most recently filed Annual Report on Form 10-K and Quarterly Report on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances that occur after the date of this release or to reflect the occurrence of unanticipated events.

**For further information please contact: 

Ingrid Goldberg Ward
Director, Investor Relations
978-646-1590
igoldberg@abiomed.com

Adrienne Smith
Senior Director, Public Relations and Corporate Communications
978-646-1553
adsmith@abiomed.com

Malaysia creates probe team on US warship collision

Malaysia has formed a special team to investigate the collision of a US warship and a Liberian-flagged merchant vessel seven nautical miles off the coast of Johor.

Malaysia’s Transport Minister Datuk Seri Liow Tiong Lai said his country is currently working with both the Singapore and the US governments to assist and also to look into the incident. Last Monday, the John S. McCain was passing east of the Strait of Malacca on its way to a port in Singapore when it collided with the Alnic MC that was transporting 12,000 tons of oil. No oil leaks have been reported in the area. Ten American sailors were killed. This was the second accident involving a Navy ship in the Pacific ocean in the past two months.

Source: VOV5

China, Russia criticize new US sanctions against Venezuela

China and Russia say new US sanctions against Venezuela just increase tensions.

Chinese Foreign Ministry spokeswoman Hua Chunying said the present problem in Venezuela should be resolved by the Venezuelan government and people themselves, adding that China respects other countries’ sovereignty and independence and will not interfere in their internal affairs. Russian Foreign Ministry spokesperson Maria Zakharova said the new sanctions against Venezuela’s financial and oil sectors were clearly aimed at further destabilization of the situation.

China and Russia reacted after the US issued an order prohibiting Americans from dealing in any new debt or equity issued by the Venezuelan government or its state oil company, PDVSA.

Source: VOV5

Vietnam ranks 3rd at SEA Games 29

Vietnam had won 55 gold medals at the Southeast Asian Games (SEA Games 29) to rank 3rd as of the end of Monday, behind Malaysia and Indonesia.

The Vietnamese weightlifting team won 2 gold medals. Weightlifter Trinh Van Vinh earned a gold medal in the men’s 62kg event, breaking 2 SEA Games records.

On Tuesday, weightlifter Pham Tuan Anh and Nguyen Hong Ngoc will compete in the men’s under 69kg and under 77kg events. The Vietnamese pencak silat team will attend 10 final rounds. Taekwondo athlete Nguyen Van Duy will compete in the men’s under 63kg event, and diver Ngo Phuong Mai will compete in the women’s 3-metre springboard.

Source: VOV5

Exhibition features nations, peoples of ASEAN Community

More than 300 photos and 60 documentary films featuring ASEAN countries and people are being showcased at an exhibition that opened Monday in Ninh Binh province.

The works were chosen from the final round of festivals of photos, reportage, and documentary films. They highlight the beauty of the land, people, and cultures of ASEAN countries, the Community’s efforts toward environmental protection and climate change response, and ethnic groups in ASEAN. The exhibition also introduces ASEAN’s stamp and seal. It is hoped the event will give visitors a better understanding of the culture and peoples of ASEAN countries. The show will run until August 31.

Source: VOV5