Monthly Archives: October 2018

Undoing Aging 2019 Conference Seeks Abstracts for Poster Session

MOUNTAIN VIEW, Calif. and BERLIN, Oct. 25, 2018 (GLOBE NEWSWIRE) — The SENS Research Foundation and the Forever Healthy Foundation are seeking abstracts for the 2019 Undoing Aging Conference poster sessions. Undoing Aging will take place March 28-30, 2019 at the Umspannwerk Alexanderplatz in Berlin, Germany. Submission information and guidelines can be found at The deadline for consideration is January 31, 2019.

The Undoing Aging conference series is focused on the cellular and molecular repair of age-related damage as the basis of therapies to bring aging under full medical control. The series, a joint effort of SENS Research Foundation and Forever Healthy Foundation, provides a platform for the existing scientific community that already works on damage repair and, at the same time, offers interested scientists and students a first-hand understanding of the current state of this exciting new field of biomedical research.

The conference sessions will cover a range of topics across the damage-repair spectrum including speakers from SENS Research Foundation, Oxford University, Buck Institute for Research on Aging, Stanford University, and Albert Einstein College of Medicine.

All details, including regular speaker announcements, can be found at Conference Early Bird pricing remains in effect until January 24, 2019.

About SENS Research Foundation

SENS Research Foundation is a 501(c)(3) nonprofit that works to research, develop and promote comprehensive regenerative medicine solutions for the diseases of aging. SRF is focused on a damage repair paradigm for treating the diseases of aging, which it advances through scientific research, advocacy, and education. SENS Research Foundation supports research projects at universities and institutes around the world with the goal of curing such age-related diseases as heart disease, cancer, and Alzheimer’s disease. Educating the public and training researchers to support a growing regenerative medicine field are also major endeavors of the organization that are being accomplished through advocacy campaigns and educational programs. For more information, visit

About Forever Healthy Foundation

The Forever Healthy Foundation is a private non-profit initiative whose mission is to enable people to vastly extend their healthy lifespans and be part of the first generation to cure aging. To accelerate the development of therapies to get aging under full medical control, the Forever Healthy Foundation directly funds cutting edge research aimed at the molecular and cellular repair of damage caused by the aging process and supports the creation of startups turning that research into therapies for human application. For more information, please visit

Lisa Fabiny-Kiser, Vice President of Operations, SENS Research Foundation,
Frank Schueler, COO, Forever Healthy Foundation,

New SharesPost Token Index Highlights Opportunity For Long-Term Crypto Investors

First-of-its-kind benchmark tracks growth of tokens based on the ERC-20 protocol

San Francisco, CA, Oct. 25, 2018 (GLOBE NEWSWIRE) — SharesPost, the leading provider of liquidity solutions to the private growth asset class, has announced the launch of the SharesPost Token Index, a tool designed to better track the growth of the token market. The Index focuses on a select group of tokens based on the ERC-20 protocol, and uses factors such as market capitalization and trading history to assign a weight to each token based on price and circulating supply. As such, the Index is able to accurately reflect the market’s overall maturity in real-time on a daily basis while minimizing liquidity risk and transaction costs.

SharesPost Founder and CEO Gregory Brogger said: “As interest in cryptocurrencies and blockchain continues to rise, we saw a need to provide a meaningful measure of token performance to help inform investor decisions and make the market more comprehensible for everyday people. Our resulting growth Index addresses this need, while reflecting our larger mission of providing liquidity to the private growth asset class through trading, asset management, research, and data.”

The Index uses a market capitalization formula to calculate a total value based on daily pricing data. Specifically, the Index draws upon the volume-weighted average price of each token from a white list of exchanges. The tokens chosen for the Index were selected because they are representative of the broad blockchain sector, come from credible projects, and have defined utility. As a result, the Index excludes tokens that are pegged to a particular asset or currency.

Using July 1, 2018 as the baseline, SharesPost reviewed the Index’s performance back to Q3 2017 and compared the data to Bitcoin and Ethereum prices. Although the token market has suffered short term volatility, the assets present an opportunity for longer term investors. Cumulatively, the Index has grown 17 percent since October 2017, with Ethereum dropping 17 percent and Bitcoin increasing by 59 percent over that time frame.

“As more institutions continue to dive into the crypto world, a consistent and comprehensive tool for analyzing tokens is integral to effectively evaluate and interpret the market. Our mission is for the SharesPost Token Index to be that tool, providing much-needed clarity to a nascent and ever-evolving industry, ” said Rohit Kulkarni, Head of Research for SharesPost, Inc.

To view the SharesPost Token Index, visit
For more information on SharesPost, visit

About SharesPost, Inc.
SharesPost’s mission is to create liquidity for the private growth asset class. In 2009, SharesPost launched the first online secondary market for private technology company shares. Since then, SharesPost has connected thousands of buyers and sellers in more than $4 billion worth of transactions in the shares of more than 220 leading technology companies.

The SharesPost platform now also enables clients to access a variety of private market investment and liquidity solutions including (i) research and data on leading private technology companies, (ii) the SharesPost Private Growth Index, (iii) the SharesPost100 Fund, a registered closed-end interval fund providing all investors with easy access to the asset class, and (iv) SharesPost Lending, which enables private company shareholders to borrow against their shares. In 2017, SharesPost managed its first Initial Coin Offering and in 2018 announced plans to integrate trading of digital securities into the SharesPost platform.

SharesPost is a FINRA-registered broker-dealer, SEC registered Alternative Trading System and Registered Investment Advisor. For more information, please visit

About the SharesPost Token Index:
The SharesPost Token Index acts as a proxy for the performance of Ethereum ERC20-standard tokens, which represent a broad array of blockchain solutions for various industries. The Index uses a market capitalization formula to calculate a total value based on real-time pricing data from a white list of exchanges. The Index is calculated on a daily basis based on proprietary technology to create basket tokens using market capitalization and trading volumes, and will be rebalanced and reconstituted every quarter. Daily token pricing will also be available on for accredited investors.

For more information on the SharesPost Token Index, visit:

Tom Hannaford

Neuralstem Announces Publication of a Study Showing Benefits of Neural Stem Cell (NSC) Transplantation in a Mouse Model of Alzheimer’s Disease

NSC transplantation led to improved cognition and reduced Aβ plaque pathology

GERMANTOWN, Md., Oct. 25, 2018 (GLOBE NEWSWIRE) — Neuralstem, Inc. (Nasdaq:CUR), a biopharmaceutical company focused on developing novel treatments for nervous system diseases, announced the publication of a manuscript in Scientific Reports showing that transplantation of NSI-532.IGF1, a proprietary human neural stem cell line developed by Neuralstem (US patent no 9,750,769), mitigates disease pathology and improves cognition in a mouse model of Alzheimer’s disease (AD).

The study was performed at the University of Michigan by a team led by Dr. Eva Feldman, Director of the Program for Neurology Research and Discovery, and Research Director of the University of Michigan ALS Center of Excellence. Dr. Feldman’s team grafted the neural stem cell line into APP/PS1 mice that carry genes bearing mutations associated with onset of AD in humans.

NSI-532.IGF1 was implanted adjacent to the hippocampus, a structure in the brain that is critical for memory formation, and animals were evaluated for cognitive performance along with evidence of Aβ plaque pathology, a hallmark of AD in humans. Animals receiving neural stem cell grafts showed improved cognitive performance relative to control animals in two memory tasks that are dependent on hippocampal function, and also showed a decrease in Aβ plaque pathology relative to controls.

“Our leading neural stem cell therapy product in clinical development, NSI-566, has shown promise for treatment of motor deficits across three different indications—stroke, spinal cord injury, and ALS,” said Karl Johe, PhD, Chief Scientific Officer at Neuralstem. “NSI-532.IGF1 is a second-generation cell therapy candidate that is engineered to combine neural stem cells with a neuroprotective protein, IGF-1, thereby targeting neurodegenerative conditions like AD. This preclinical study from Dr. Feldman’s team suggests that the combined properties of neural stem cells and IGF-1 may mitigate the pathology and cognitive deficits associated with Alzheimer’s disease.”

“Alzheimer’s disease is a leading cause of dementia and there are currently no treatments available that significantly alter the course of this disease,” said Dr. Feldman. “We are encouraged by the results we have seen with human neural stem cells in this established animal model and look forward to continuing this collaboration with Neuralstem.”

About Neuralstem
Neuralstem is a clinical-stage biopharmaceutical company developing novel treatments for nervous system diseases of high unmet medical need. The Company has two lead development candidates:

  • NSI-566 is a neural stem cell therapy being tested for treatment of paralysis in stroke, Amyotrophic Lateral Sclerosis (ALS) and chronic spinal cord injury (cSCI).
  • NSI-189, is a small molecule in clinical development for major depressive disorder (MDD) and in preclinical development for Angelman syndrome, irradiation-induced cognitive impairment, Type 1 and Type 2 diabetes, and stroke.

Neuralstem’s diversified portfolio of product candidates is based on its proprietary neural stem cell technology.

Cautionary Statement Regarding Forward Looking Information
This news release contains “forward-looking statements” made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to future, not past, events and may often be identified by words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Specific risks and uncertainties that could cause our actual results to differ materially from those expressed in our forward-looking statements include risks inherent in the development and commercialization of potential products, uncertainty of clinical trial results or regulatory approvals or clearances, need for future capital, dependence upon collaborators and maintenance of our intellectual property rights. Actual results may differ materially from the results anticipated in these forward-looking statements. Additional information on potential factors that could affect our results and other risks and uncertainties are detailed from time to time in Neuralstem’s periodic reports, including its Annual Report on Form 10-K for the year ended December 31, 2017, and its Quarterly Report on Form 10-Q for the three and six months ended June 30, 2018 , filed with the Securities and Exchange Commission (SEC), and in other reports filed with the SEC. We do not assume any obligation to update any forward-looking statements.

Kimberly Minarovich
Argot Partners (Investor Relations)

Teledyne DALSA แนะนำตระกูลเฟรมแกร็บเบอร์รุ่นใหม่สำหรับการจับภาพที่มีประสิทธิภาพสูง

ตัวจับเฟรมใหม่ Xtium2-CLHS ส่งข้อมูลได้เร็วขึ้นบนสายไฟเบอร์ยาว ด้วยอุปกรณ์ทวนสัญญาณในตัวสำหรับการประมวลผลภาพแบบกระจายโดยไม่มีผลต่อสมรรถนะของ CPU

เมืองวอเตอร์ลู รัฐออนแทรีโอ, Oct. 25, 2018 (GLOBE NEWSWIRE) — Teledyne DALSA ซึ่งเป็นบริษัทหนึ่งของ Teledyne Technologies และเป็นบริษัทชั้นนำของโลกด้านทคโนโลยีแมชชีนวิชั่น ยินดีที่จะประกาศตระกูลเฟรมแกร็บเบอร์รุ่นใหม่ที่มีประสิทธิภาพสูง Xtium2 สำหรับแพลตฟอร์ม PCIe Gen3 ตระกูล Xtium2 เริ่มต้นด้วยการเปิดตัวบอร์ดเฟรมแกร็บเบอร์สองรุ่นใหม่ ที่มีหน้าสัมผัส Camera Link HS® ของเอไอเอ: Xtium2-CLHS PX8 และ Xtium2-CLHS FX8 ชุดนี้ยังจะสนับสนุนหน้าสัมผัสที่มีอยู่และอันใหม่ที่กำลังจะมา อย่าง CoaXPress® (เวอร์ชั่น 2.0) และ Camera Link

Xtium2-CLHS PX8 มีช่องสัญญาณ 7 ช่อง ทำงานที่ 10 Gbit/วินาที โดยใช้ CLHS X-Protocol และสามารถส่งข้อมูลแบนด์วิธโฮสต์เกินกว่า 6.8 GByte/วินาที Xtium2-CLHS PX8 สนับสนุนขั้วต่อ CX4 ที่มี Active Optical Cables (AOC) พร้อมใช้ สายเคเบิล AOC ใช้สายไฟเบอร์เพื่อให้มีความยาวมากกว่า 15 เมตร

Xtium2-CLHS FX8 รองรับถึงสี่โมดูล SPF+ แบบสองทิศทาง เพื่อให้ส่งข้อมูลได้ถึง 4.0 GByte/วินาที ในการถ่ายภาพ และโอนโฮสต์เร็วถึง 6.8 GByte/วินาที โมดูล SPF+ ราคาต่ำและสายเคเบิลใยแก้วนำแสงจะช่วยเพิ่มความยาวของสายเคเบิลได้ถึง 100 เมตร นอกจากนี้ Xtium2-CLHS FX8 ยังรองรับกล้องแบบ CLHS หลายตัวได้อีกด้วย

“เฟรมแกร็บเบอร์รุ่นใหม่ Xtium2 ถูกออกแบบเพื่อตอบสนองความต้องการเกี่ยวกับอัตราการรับส่งข้อมูลและความยาวสายเคเบิลของกล้องใหม่อันมีความเร็วและความละเอียดสูง ที่มีหน้าสัมผัส CameraLink HS และ CoaXPress ชุด Xtium2 ช่วยลดความซับซ้อนของการประมวลผลภาพต่อเนื่อง โดยใช้การประมวลผลแบบเรียลไทม์บนบอร์ดและไม่ใช้งาน CPU ในขณะที่ประสิทธิภาพยังคงเป็นหัวใจสำคัญของการออกแบบ ความน่าเชื่อถือและค่าใช้จ่ายสำหรับระบบที่ต่ำลงเป็นผลงานที่สำคัญสำหรับผลิตภัณฑ์เหล่านี้” ผู้จัดการผลิตภัณฑ์อาวุโส Inder Kohli กล่าว

เมื่อใช้รวมกับกล้องถ่ายภาพสีที่ทันสมัย และทำการสแกนสายแบบหลายสาย อย่าง Linea ML เฟรมแกร็บเบอร์ Xtium2-CLHS สามารถเปิดใช้แอพพลิเคชั่นวิสัยทัศน์ต่างๆ ที่ใหม่และมีความต้องการมากที่สุด

คุณสมบัติหลักของ Xtium2-CLHS:

  • สายเคเบิลยาวกว่า 15 เมตรที่มีอัตราส่งข้อมูลสูงสุด โดยไม่ต้องเสียสละประสิทธิภาพ
  • ประมวลผลแบบกระจายโดยทำการส่งต่อข้อมูลในอัตราข้อมูลเข้าสูงสุด
  • ชุด Xtium2-CLHS ประกอบด้วยบอร์ดสองแผ่น:
    • Xtium2-CLHS PX8 ใช้ขั้วต่อ CX4 ซึ่งพร้อมใช้งานสำหรับ Active Optical Cables (AOC)
    • Xtium2-CLHS FX8 ใช้ 4 ช่อง SFP+ ที่ปรับขนาดได้
  • ควบรวมภาพประสานเวลาจากหลายกล้อง
  • ถ่ายภาพแบบ Hi-Dynamic Range ด้วยการสนับสนุน Multi-plane
  • กระบวนการออนบอร์ดแบบเรียลไทม์ให้รูปแบบพิกเซลพร้อมใช้งาน เพื่อลดเวลาในการประมวลผล
  • รองรับ CLHS X-protocol ซึ่งให้ประสิทธิภาพในการถ่ายโอนข้อมูลถึง 97%
  • ความน่าเชื่อถือสูง ด้วยเมตาดาต้าขั้นสูง
  • ความช่วยเหลืออย่างเต็มที่โดย Sapera LT SDKs ฟรี

กรุณาเข้าชมหน้าผลิตภัณฑ์ Xtium2 เพื่อดูข้อมูลเพิ่มเติม สำหรับคำถามเกี่ยวกับการขาย กรุณาเข้าไปที่หน้าติดต่อ และเพื่อดูภาพที่มีความละเอียดเต็ม กรุณาเปิดชุดสื่อออนไลน์ของเรา

กี่ยวกับ Teledyne DALSA
Teledyne DALSA เป็นบริษัทชั้นนำด้านเทคโนโลยีการตรวจจับ ถ่ายภาพ และผลิตเซมิคอนดักเตอร์แบบพิเศษ วิธีการตรวจจับภาพของเราครอบคลุมสเปกตรัมจากอินฟราเรด ผ่านความ visible ถึง X-ray โรง MEMS ของเรามีชื่อเสียงระดับโลก นอกจากนี้ โดยการผ่านบริษัทในเครือ Teledyne Optech และ Teledyne Caris เรายังให้บริการระบบข้อมูลสำรวจและข้อมูลเชิงพื้นที่ขั้นสูงแบบ 3 มิติ Teledyne DALSA มีพนักงานประมาณ 1400 คนทั่วโลก และมีสำนักงานใหญ่อยู่ในเมืองวอเตอร์ลู ประเทศแคนาดา สำหรับข้อมูลเพิ่มเติมโปรดไปที่

กี่ยวกับ Teledyne Imaging
Teledyne DALSA เป็นบริษัทที่อยู่ภายใต้บริษัท Teledyne Imaging ด้วยความเชี่ยวชาญที่ยอดเยี่ยมในทุกช่วงเวลาและประสบการณ์หลายสิบปี บริษัท Teledyne Imaging นำเสนอผลิตภัณฑ์และเทคโนโลยีที่ดีที่สุด และให้เทคโนโลยีตรวจจับภาพที่กว้างและลึกที่สุดในโลก สำหรับข้อมูลเพิ่มเติมโปรดไปที่


Teledyne DALSA ขอสงวนสิทธิ์ในการเปลี่ยนแปลงได้ตลอดเวลาโดยไม่ต้องแจ้งให้ทราบล่วงหน้า

Geralyn Miller
ผู้จัดการอาวุโส, แผนกสื่อสัมพันธ์ทั่วโลก
โทร.: +1-519-886-6001 ต่อ 2187


Teledyne DALSA introduces its next generation family of frame grabbers for high-performance image acquisition

New Xtium2-CLHS frame grabbers deliver faster data rates on long fiber cables with built-in repeaters for distributed image processing without affecting CPU performance

WATERLOO, Ontario, Oct. 24, 2018 (GLOBE NEWSWIRE) — Teledyne DALSA, a Teledyne Technologies company and global leader in machine vision technology, is pleased to announce the next generation high-performance family of frame grabbers – the Xtium2 for the PCIe Gen3 platform. The Xtium2 family starts with the introduction of two new models of frame grabber boards featuring AIA’s Camera Link HS® interface: the Xtium2-CLHS PX8 and Xtium2-CLHS FX8. The series will also provide support to upcoming and existing interfaces like CoaXPress® (ver 2.0) and Camera Link.

The Xtium2-CLHS PX8 features 7-lanes operating at 10 Gbit/s using CLHS X-Protocol and can deliver host transfer bandwidth in excess of 6.8 GByte/s. The Xtium2-CLHS PX8 supports a CX4 connector that is Active Optical Cables (AOC) ready. The AOC cables use fiber cable to deliver cable lengths greater than 15 meters.

The Xtium2-CLHS FX8 supports up to four bidirectional SPF+ modules to deliver up to 4.0 GByte/s of image acquisition and host transfer speeds of up to 6.8 GByte/s. The low cost SPF+ module and fiber optic cables help extend cable lengths to 100 meters. In addition, the Xtium2-CLHS FX8 is capable of supporting multiple independent CLHS cameras.

“The next generation of Xtium2 frame grabbers are designed to meet the data throughput and cable length requirements of the new high-speed, high-resolution cameras with CameraLink HS and CoaXPress interfaces. The Xtium2 series simplifies downstream image processing with its on-board, real-time processing with no CPU usage. While performance remains at the heart of the design, reliability and lower system cost are key deliverables for these products,” said Senior Product Manager, Inder Kohli.

When combined with cutting-edge color, and multispectral line scan cameras like the new Linea ML, the Xtium2-CLHS frame grabbers enable the newest and most demanding vision applications.

Xtium2-CLHS Key Features:

  • Longer cable distance beyond 15 meters at max data rate without sacrificing performance
  • Distributed Processing using Data-Forwarding at max input data rates
  • The Xtium2-CLHS series is comprised of two boards:
    • Xtium2-CLHS PX8 uses CX4 connector which is ready for Active Optical Cables (AOC)
    • Xtium2-CLHS FX8 uses 4 SFP+ slots for scalable solution
  • Synchronized acquisition from multiple independent cameras
  • Hi-Dynamic Range imaging with Multi-plane support
  • Real-time on-board process delivers ready to use pixel formats to reduce processing time
  • Supports CLHS X-protocol delivering 97% data-transfer efficiency
  • High reliability with advanced meta data
  • Fully supported by free Sapera LT SDKs

Please visit the Xtium2 product page for more information. For sales enquiries, visit our contact page, and for full resolution images, our online media kit.

About Teledyne DALSA
Teledyne DALSA is an international technology leader in sensing, imaging, and specialized semiconductor fabrication. Our image sensing solutions span the spectrum from infrared through visible to X-ray; our MEMS foundry has earned a world-leading reputation. In addition, through our subsidiaries Teledyne Optech and Teledyne CARIS, we deliver advanced 3D survey and geospatial information systems. Teledyne DALSA employs approximately 1400 employees worldwide and is headquartered in Waterloo, Canada. For more information, visit

About Teledyne Imaging
Teledyne DALSA is a company aligned under the Teledyne Imaging umbrella. With unrivalled expertise across the spectrum and decades of experience, Teledyne Imaging companies offer best-in-class products and technology, and together, provide the deepest, widest image sensing technology portfolio on the planet. For more information, visit

All trademarks are registered by their respective companies.
Teledyne DALSA reserves the right to make changes at any time without notice.

Media Contact:
Geralyn Miller
Senior Manager, Global Media Relations
Tel: +1-519-886-6001 ext. 2187

Sales Contacts:

A photo accompanying this announcement is available at

Carpenter Enhances Additive Manufacturing Capabilities With Acquisition of LPW Technology Ltd.

Expands Growing Leadership Position as Additive Manufacturing Solutions Provider

Incorporates Metal Powder Lifecycle Management Technology with Superior Quality Control and Traceability

PHILADELPHIA, Oct. 24, 2018 (GLOBE NEWSWIRE) — Carpenter Technology Corporation (NYSE: CRS) today announced it has acquired LPW Technology Ltd. (LPW), a leader in the development and supply of advanced metal powders and powder lifecycle management solutions to the Additive Manufacturing industry, for approximately $81 million. LPW is based in Widnes, Cheshire, United Kingdom with additional processing operations near Pittsburgh, Pennsylvania. LPW employs approximately 80 people.

“Our aggressive development in key aspects of Additive Manufacturing (AM) demonstrates our commitment to build on our industry-leading position in this space,” said Tony R. Thene, Carpenter’s President and Chief Executive Officer. “The acquisition combines LPW’s metal powder lifecycle management technology and processes with our technical expertise in producing highly engineered metal powders and additively manufactured components.”

Lifecycle management technology is becoming increasingly important to understanding how materials behave before, during, and after production in the powder-bed fusion process. Understanding powder behavior is critical as AM becomes more widely adopted and implemented across various industries.

“LPW’s innovative platforms and enabling technology further solidify Carpenter’s position as a preferred provider of end-to-end next generation Additive Manufacturing solutions,” said Phil Carroll, LPW’s founder. “I’m extremely proud of the accomplishments we’ve achieved at LPW and I’m excited to be part of Carpenter’s continued growth and leadership in AM.”

Carpenter’s additive portfolio, including recent investments in Puris, a titanium powders producer; CalRAM, a leader in electron beam and laser powder-bed fusion additive manufacturing services, and construction of an Emerging Technology Center in Athens, Alabama represent a significant force positioned to capitalize on the rapid AM growth.

About Carpenter Technology

Carpenter Technology Corporation is a leading producer and distributor of premium specialty alloys, including titanium alloys, nickel and cobalt based superalloys, stainless steels, alloy steels and tool steels. Carpenter’s high-performance materials and advanced process solutions are an integral part of critical applications used within the aerospace, transportation, medical and energy markets, among other markets. Building on its history of innovation, Carpenter’s metal powder technology capabilities support a range of next-generation products and manufacturing techniques, including Additive Manufacturing and 3D Printing. Information about Carpenter can be found at

About LPW Technology Ltd.

Widnes, Cheshire, UK-based LPW Technology Ltd. is a leader in the development, manufacturing, and supply of ultra-clean metal powders designed specifically for the Additive Manufacturing industry. LPW’s 98,000 square foot manufacturing facility in the UK and its value-added processing facility near Pittsburgh, PA mobilizes its highly differentiated materials design, specification, manufacturing, and lifecycle management capabilities.

RSM Corporate Finance LLP served as exclusive financial advisor to LPW Technology Ltd. on the transaction.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s current expectations and are subject to risks, uncertainties and other factors that could cause actual results to differ from those projected, anticipated or implied. The most significant of these uncertainties are described in Carpenter’s filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended June 30, 2018, and the exhibits attached to that filing. They include, but are not limited to, statements regarding LPW Technology Ltd. Carpenter undertakes no obligation to update or revise any forward-looking statements.

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The launch comes just twelve months after Damco established its first block train on the same route, a testimony that the customer demand for rail services to transport their cargo is on the rise.

The Hague, The Netherlands, Oct. 24, 2018 (GLOBE NEWSWIRE) — Damco’s growth in the rail sector further contributes to A.P. Moller – Maersk’s goal to expand in the non-ocean segment and connect and simplify supply chains. Damco’s block train service offers a fast, cost-effective, flexible and reliable way to transport cargo from China into Europe. Block trains are customer-dedicated rail transport services that transport goods from origin to destination without splitting them up en route. This not only helps simplify customers’ supply chains, but together with Damco’s “no-rolling” policy where the container is directly loaded from the warehouse onto the train, brings further reliability to the service by providing a faster and more flexible service.

Kasper Krog, Head of Rail at Damco commented, “The continued rail growth is evident in the increased China-to-Europe freight train capacity of 69% the China Railway Corporation recorded for the first half of 2018. However, we also see continued rail growth due to the competitive advantages the service provides for our customers who demand speed, reliability and sustainability.” He continued, “We have cleared the clutter, complexity and disruption that add time and costs to our customers’ supply chains and created a reliable, weekly end-to-end service that can also be incorporated as part of a multi modal solution where two or more different modes of transport are being used.”

The Damco block train solution leverages the experience within the A.P. Moller-Maersk organization to ensure that the customers benefit from a wider range of options to transport their goods whether via ocean, air or rail. “Our target is to continue the expansion of the rail and intermodal footprint, in close corporation with our customers and to play an active role in helping to keep their business on track” says Krog.

Block train benefitsThe block train is able to cover the ca. 11,000 km journey from China to Europe in 18-20 days thanks to the prioritizations that rail operators are able to grant the train throughout its route. By using the latest technologies, customers are also given visibility of their goods during the transportation. This service makes it easy for the customer to place a booking with a dedicated specialist team who handle the cargo all the way to its final destination. Furthermore, with carbon emissions comparatively lower than those for air, the block train service offers a more environmentally conscious option for the transport of goods.

Caroline Wu, Area Manager for Greater China at Damco added: “Approximately 4,3% of cargo between China and Northern Europe is moved via rail. So, although it is still a relatively small contributor to global trade, it is a service which is poised for growth.” Caroline continues, “Due to the government’s support and efforts made in developing the Belt and Road Initiative, we are now seeing great opportunities and strong interest from our customers in using our rail services.”

For more information on Damco’s rail service as well as customer case studies please visit:

About Damco
Damco is at the forefront of developing innovative supply chain solutions. We fuse our global network and depth of expertise with pioneering digital innovations to enable our customers to stay ahead. Our vision is to connect and simplify supply chains across the globe.

We are experts in the field of complex, rapidly changing markets such as fashion, retail, chemical, FMCG and technology. With a presence in over 100 countries, where we employ more than 10,000 people worldwide, we combine global reach with depth of local understanding. In 2017, we generated turnover of 2.7 billion US dollars, managed 664 thousand TEUs (twenty-foot equivalent units) of ocean freight and 206 thousand tons of air freight.

From 1 January 2019, Damco Rail will go to market as Maersk Logistics and Services.

Lejla Charif
Damco International B.V.
+45 336 335 34