Cisco Announces New, Expanded Roles for Key Executives

Gary B. Moore and Rob Lloyd Promoted to President; Company Sharpens Focus on Customer Centricity and Operational Excellence

SAN JOSE, CA--(Marketwire - October 5, 2012) -  Cisco (NASDAQ: CSCO) today announced an evolution of its organizational structure and executive leadership team, which is designed to position the company for future growth and enable it to more quickly capture market transitions and deliver innovative solutions to its customers. Based upon the principles of customer-centricity and operational excellence, Cisco is evolving its organization structure and leadership team for speed, agility, alignment and growth with the following executive appointments:

Gary B. Moore, President and Chief Operating Officer 
As President and Chief Operating Officer, Moore is accountable for Cisco's end-to-end operations, and will continue to drive alignment across all parts of the company by leading the operational discipline and prioritization required to support the company's long-term strategy. Moore has architected Cisco's transformation, and will deepen the company's focus on operational excellence while building the business capabilities and talent to enable Cisco's future growth.

Moore is also responsible for Cisco's operations, services, IT, supply chain, marketing and communications, human resources, corporate affairs, transformation office, legal, government affairs, and corporate planning functions. 

Rob Lloyd, President, Development and Sales

Lloyd assumes responsibility for Cisco's development and sales efforts, as the company creates tighter connections between customer requirements and innovation, along with ensuring greater speed-to-market. Lloyd's organization will drive alignment and acceleration of Cisco's technology innovation to enable a faster response to market transitions; increased customer relevance; and growth.

Pankaj Patel, executive vice president and chief development officer, will continue to lead Cisco's development organization. Chuck Robbins, who previously ran the Americas sales region, will immediately assume Lloyd's prior role as the head of worldwide sales. Wim Elfrink, executive vice president and chief globalization officer, will continue his focus on emerging solutions and the development of new markets, and will integrate his organization into the development and sales organization. Patel, Elfrink and Robbins will report to Lloyd. 

The remainder of Cisco's executive leadership team remains unchanged.

Supporting Quotes:
John Chambers, Chairman and CEO:
"Cloud computing, mobility and Internet of everything are the most network-centric computing transitions that have ever been, and present Cisco with an opportunity to lead the communications and IT industry for the next decade. Today we're evolving our organization and developing our leadership team to grasp this opportunity. We're optimizing the alignment across development and sales, and on the top priorities of our customers, to maximize speed to market and our competitive advantage. At the same time, we are focusing on operational excellence across the company, which creates capacity for innovation, investment and growth."

Gary Moore, President and COO:
"Today's announcement advances the accountability and operational discipline we reinvigorated 18 months ago. This model will give clear responsibility and accountability for driving faster, more customer-focused innovation and the operational excellence and talent needed to enable it. Together, this will drive us to become the #1 IT and communications company for our customers and partners."

Rob Lloyd, President, Development and Sales
"I'm excited about the opportunities ahead of us and look forward to continue bringing the most innovative technology and architecture solutions to market to solve our customers' pressing business problems. I believe Cisco has the top development and sales team in our industry, and I'm honored to be part of this team. Cisco has never been more relevant to our customers and this will drive great value between sales and development." 

About Cisco 
Cisco (NASDAQ: CSCO) is the worldwide leader in networking that transforms how people connect, communicate and collaborate. Information about Cisco can be found at http://www.cisco.com. For ongoing news, please go to http://newsroom.cisco.com.

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. 

Forward-Looking Statements

This press release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including: the evolution of Cisco's organizational structure and executive leadership team to position the company for future growth and enable it to more quickly capture market transitions and deliver innovative solutions to its customers; cloud computing, mobility and Internet of everything transitions presenting Cisco with an opportunity to lead the communications and IT industry for the next decade; Cisco's model driving it to become the #1 IT and communications company for its customers and partners; Cisco continuing to bring the most innovative technology and architecture solutions to market; and Cisco's relevance to customers driving great value between sales and development. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including, among other things, business and economic conditions and growth trends in the networking industry, our customer markets and various geographic regions; global economic conditions and uncertainties in the geopolitical environment; overall information technology spending; the growth and evolution of the Internet and levels of capital spending on Internet-based systems; variations in customer demand for products and services; the return on our investments in certain priorities, including our foundational priorities, and in certain geographical locations; increased competition in our product and service markets, including the data center; dependence on the introduction and market acceptance of new product offerings and standards; rapid technological and market change; our ability to achieve the benefits anticipated from our investments in sales, engineering, service, marketing and manufacturing activities; our ability to recruit and retain key personnel; and other factors listed in Cisco's most recent report on Form 10-K. Any forward-looking statements in this release are based on limited information currently available to Cisco, which is subject to change, and Cisco will not necessarily update the information.

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

 

Press Contacts 
John Earnhardt 
Cisco 
408-527-2180 
jearnhar@cisco.com 

Industry Analyst Relations 
Melissa Selcher 
Cisco 
+1 408 424 1335 
mselcher@cisco.com

 

© 2012 Marketwire, Incorporated. All rights reserved.

GuestLogix Announces POSie Award Recipients for Onboard Retail Innovation and Excellence

TORONTO, ONTARIO--(Marketwire - October 4, 2012) -

Attention Photo Editors: Photos of this year''s POSie award recipients are available at a link further in this press release.

GuestLogix Inc. (TSX:GXI), the leading global provider of onboard retail and payment technology solutions to airlines and the passenger travel industry, today announced the recipients of this year''s POSie Awards at the fourth annual GuestLogix User Group Conference. The POSie Awards recognize the year''s best in onboard retail innovation and excellence and are presented to customers who are doing business in new and innovative ways with GuestLogix products and services.

"The GuestLogix POSie Awards recognize some of the most innovative airlines and rail companies in the global passenger travel industry today," said GuestLogix Executive Vice President Brett Proud. "We congratulate all of our nominees and are proud to recognize Alaska, Frontier and WestJet for their efforts in leveraging our leading onboard retail solution to enhance passenger experience and grow their business." 

This year''s POSie categories, recipients and nominees are as follows:

Highest Revenue per Flight for a Buy on board Program

This award measures an airline''s onboard sales performance compared with the previous year.

Winner: Alaska Airlines for their continued higher than average revenues per flight

Nominees: Ryanair, United Airlines, US Airways, WestJet Airlines

Most Innovative Use of a POS Solution

This award recognizes companies that have deployed a POS solution in innovative ways onboard the aircraft.

Winner: Frontier Airlines for their onboard fundraising programs

Nominees: Alaska Airlines, Delta Air Lines, East Coast Main Line, Garuda Indonesia

Best Onboard Merchandising Strategy

This award recognizes organizations that have created new onboard retail initiatives that have made a significant impact to their business.

Winner: WestJet Airlines for their unique selection of onboard offerings

Nominees: Eurostar, KLM Royal Dutch Airlines, Ryanair

Photos of this year''s POSie recipients are available at www.guestlogixusergroupconference.com.

About GuestLogix 

GuestLogix Inc. (TSX:GXI), the leading global provider of onboard store technology and merchandising solutions, helps airlines and other travel operators create, manage, and control onboard retail environments tailored to their needs and their passengers. GuestLogix brings a decade of expertise as a trusted onboard transaction processing partner to airlines around the world. The Company''s global headquarters and centre for product innovation is located in Toronto, Canada with regional head offices located in Dallas, Texas (serving Americas) London, UK (serving EMEA), and Hong Kong (serving Asia-Pacific). Sales and support offices are located in Singapore and Shanghai. Logistics centres are situated in Toronto, Dallas, London and Seoul with a software development centre located in India. In September 2012, GuestLogix acquired U.K.-based onboard retail technology provider Initium Onboard with clients in Europe, South America, Asia-Pacific and the Middle East. More information is available at www.guestlogix.com.

© 2012 GuestLogix. All Rights Reserved.

Forward-Looking Statements

This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with GuestLogix'' business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect GuestLogix'' current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risks and Uncertainties" in the Filing Statement filed on July 16, 2012 with the regulatory authorities. GuestLogix assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.

 

GuestLogix Inc.
Ruth Morayniss
Media Relations
416-987-7057
rmorayniss@guestlogix.com
www.guestlogix.com

 

© 2012 Marketwire, Incorporated. All rights reserved.

The World's First Real-Time Ray Tracing GPU 'RayCore(R)' Developed

Upheaval Expected in 3D Graphics Application Ecosystem Such as Mobile App Store

 

SEOUL, SOUTH KOREA--(Marketwire - October 4, 2012) - Siliconarts Inc. (www.siliconarts.com), a Korean tech startup, developed RayCore®, the real-time ray tracing graphics processor (GPU) for the first time in graphics hardware history.

 

RayCore® is the next-generation GPU that is used in rendering high-quality 3D graphics whose graphics performance surpasses that of rasterization GPU approach.

 

Mostly utilized in Hollywood studios in creating huge contents such as "Toy Story" and "Avatar," realistic effects are the key to differentiating the features of ray tracing technology compared to a rasterization approach. However, ray tracing was only implemented using software due to the limitations to process exponential calculations, to equip with highly expensive series of rendering gears and to process and the wait for significantly longer rendering times. In addition, it was not even implemented on a real-time basis.

 

RayCore®, developed by Siliconarts, is a hardware that has overcome the limitations of the existing ray tracing approach, applying all of the benefits of ray tracing to its product that can render cinema-quality 3D graphics effects on real-time basis.

 

Particularly, RayCore® is designed to consume the industry's lowest power level in order to implement both User Interface and User Experience on mobile platforms such as smartphones; it is expected that a significant impact is inevitable to the mobile game space. In other words, UI/UX as well as mobile games created based on these high-quality 3D effects will be made possible. A senior official of Siliconarts mentioned that ray tracing technology-enabled smartphones will be introduced soon, as the company already completed its license agreement with Company A to supply RayCore® GPU IP.

 

"The key feature of this product is that ray tracing, which was considered impossible to implement using hardware, is now available not only on PCs and servers, but also in diverse devices such as smartphones and smart TVs. None of the global GPU companies have successfully implemented ray tracing on a real-time basis and their technology level is still trivial. It is almost impossible to implement," said Hyung Min Yoon, the CEO of Siliconarts.

 

You can witness the powerful implementation of exquisite 3D graphics using RayCore® as the company will be demonstrating its products at i-SEDEX2012 from October 9 - October 11 at #2570, Hall 2, KINTEX, Goyang-si, Gyunggi-do, Korea.

 

Contact Information

 

Contact

Hee Jin Shin

CMO

+82+2 470 2829

heejinshin@siliconarts.com

© 2012 Marketwire, Incorporated. All rights reserved.

Russell Emerging Markets Index Posted 8.1% Gain in Third Quarter of 2012

SEATTLE, WA--(Marketwire - October 4, 2012) - The Russell Emerging Markets Index reflected a return of 8.1% in the third quarter of 2012, outperforming the U.S. large-cap Russell 1000® Index by almost 2%. Year-to-date, both indexes have posted strong returns, with U.S. large caps (16.3%) outperforming emerging markets (12.8%) by approximately 3.5% through September 28, 2012. 

"According to the IMF, the total production of goods and services in emerging markets is on pace to exceed that of developed nations by 2013," said Gustavo Galindo, emerging markets portfolio manager at Russell Investments. "Due to the strong potential for growth and the undervalued nature of equities in a number of emerging markets, it may also be a strategic time to invest in these markets for investors whose risk tolerance allows for the additional risk of these markets." 

Moreover, the newly created Russell 1000 EM GeoExposure Index, which is designed to track the performance of companies in the Russell 1000 Index with significant revenue exposure to emerging markets, has posted 4.4% gains in the third quarter and 9.2% YTD.

 

Russell Indexes Performance                       

                                                                            

---------------------------------------------------------------------------

Russell Index                   1st QTR   2nd QTR   3rd QTR  YTD a/o 9/28

---------------------------------------------------------------------------

Russell Emerging Markets Index   14.7%     -9.0%      8.1%       12.8%  

---------------------------------------------------------------------------

Russell 1000 Index               12.9%     -3.1%      6.3%       16.3%  

---------------------------------------------------------------------------

Russell 1000 EM GeoExposure Index 14.2%     -8.3%      4.4%       9.2%   

---------------------------------------------------------------------------

Russell Frontier Index            5.6%     -6.8%      7.5%       5.8%   

---------------------------------------------------------------------------

 

 

The Russell Global Index includes more than 10,000 securities in 48 countries and covers 98% of the investable global market. All securities in the benchmark are classified according to size, region, country and sector. Daily Returns for the main components are available here:http://www.russell.com/indexes/data/daily_total_returns_global.asp

 

Disclaimer: http://www.russell.com/indexes/about/index_alerts.asp#disclaimer

 

 

For further information contact: 
Lauren Goble 
lauren@ryanfin.com 
+852 9703 9161

 

© 2012 Marketwire, Incorporated. All rights reserved.

 

New Holland Presents First Grape Harvester in China at CIAME Show

New Holland Displayed Its Advanced Braud 9080L Grape Harvester at the International Trade Fair for the Mechanization of This Sector

LUGANO, SWITZERLAND--(Marketwire - October 4, 2012) - New Holland Agriculture showcased its innovative Braud 9080L -- the first grape harvester to be presented in the country -- at the CIAME Show 2012 held from September 25^th to 27^th at the International Exhibition Center in Shenyang, Northeast of China.

The CIAME, China International Agricultural Machinery Exhibition, is the largest international agricultural machinery show in Asia, with an attendance of over 100,000 visitors and 1,700 exhibitors for this year's edition.

New Holland's presentation of the ingenious Braud 9080L is testimony to the company's leading expertise in the grape harvesting industry and the ability to provide advanced solutions in the mechanization of this sector. The self-propelled grape harvester was also seen by Mr. Zhang Taolin, the vice minister for China's Ministry of Agriculture, who visited the New Holland stand.

As one of the world's biggest grape and wine producers, China presents enormous potential for mechanization in this industry.

The New Holland Braud 9080L offers Chinese growers unequalled opportunities to develop their business in a sustainable way, maximizing productivity and delivering the highest harvest quality while benefitting from cost efficiency and operator comfort.

New Holland grape harvesters are complemented by a full range of agricultural equipment, from tractors and combine harvesters to till balers and hay and forage tools, to serve any customer's requirement.

Today, New Holland is a world leader in grape harvesting technology with a long standing tradition of innovation and excellence rooted in the history of the agricultural and grape industry. Its Braud grape harvesters are the preferred choice of wine makers around the world.

Braud grape and olive harvesters hold the global leading position in their segment, offering the most advanced solutions available in the market today.

 

Superior harvesting quality

Braud grape harvesters have been recognized for their superior harvesting quality since their first introduction over 30 years ago. Today, the Braud 9000L Series takes advantage of this legacy with the innovative SDC shaking system which is universally recognised as the best picking technology. Each shaking rod is independent and secured at the rear on a maintenance free flexible fixing. This fixing allows perfect control of the shaker action with maximum flexibility for soft picking. These shaking rods can be quickly and easily deactivated according to the yield and guarantee full respect for the fruit and the plant.

 

More power, more performance, less fuel

The Braud 9080L is part of the New Holland Braud 9000L Series, which comprises four models to suit medium, large, and extra large vineyards' needs.

The 9000L Series ranges from 141hp to 175hp, with 4- or 6-cylinder displacement and common rail electronic engines developed by FPT Industrial, a sister company that is also a part of Fiat Industrial. These engines deliver unmatched performance and economy and feature the Intelligent Management System, which has won multiple awards.

This feature allows the engine speed rate to be set up by the electronic controls and continuously adjusted by the machine itself, with reduced fuel consumption.

For example, at the end of a rowwhen the operator switches off the shakers and the fans, the machine slows down the engine speed rate to save fuel. These power performances are ideally complemented by the hydraulic transmission with Anti-skid, giving more traction control and climb capability on slopes and in wet soil conditions.

 

Multi-functionality for all-year round productivity

The Braud 9000L Series models are designed to carry out vineyard operations all year round, from pre-pruning to grape harvesting. The picking head can be easily coupled and uncoupled by one person without special tools, while the front carrier can be fitted quickly with implements, including trimmer, pre-pruner, leaf-remover or spraying implements to meet the multifunction expectations of grape growers in every season.

 

Ultimate comfort, enhanced safety

The cabs are suspended, soundproofed, ventilated, pressurized, waterproof, heated and air-conditioned. The narrow steering column increases the visibility while the seat provides operators with first-class comfort, allowing them to face even the longest harvesting days with full peace-of-mind.

 

True ease of operation

The Intelliview(tm) III in-cab touch screen monitor can display and set up all the machine functions by means of several customizable pages. Fully ISO BUS compatible, it can be used to operate a range of multifunction equipment and sprayers. This eliminates the need for a separate control and reduces the time to switch between jobs.

Fast washing, easy servicing

The 9000L Series picking head has been designed to reduce washing time dramatically. A semi-automatic washing system is available as an option. All the harvester head's greasing points have been grouped together into one single point. An automatic greasing system is available as an option. This Series comes with long servicing intervals of 600 hours.

 

New Holland, a long history of expertise in grape harvesting

New Holland and Braud have become synonymous with excellence in grape harvesting technology. Braud first opened its doors back in 1870 when Alexandre Braud founded his own company. Almost a century later, the world's first self-propelled grape harvester rolled off the production line in 1975, revolutionizing the world of grape harvesting. In over 35 years, New Holland specialist teams have designed, fine-tuned, produced and delivered more than 13,000 grape harvesters throughout the world, setting today's benchmark in terms of productivity, harvesting quality and multi-functionality.

 

New Holland Agriculture - New Holland Agriculture is a global manufacturer and seller of agricultural equipment. Its reputation is built on the success of its customers, cash crop producers, livestock farmers, contractors, vineyards, or groundscare professionals, who can count on the widest offering of innovative products and services: a full line of equipment, from tractors to harvesting, material handling equipment, complemented by tailored financial services from a specialist in agriculture. 
A highly professional global dealer network and New Holland's commitment to excellence guarantee the ultimate customer experience for every customer. More information can be found online atwww.newholland.com. New Holland is a division of CNH Global N.V. (NYSE: CNH), a majority-owned subsidiary of Fiat Industrial S.p.A (FI.MI).

 

For info and photos,
CNH International press office:
e-mail: media.international@cnh.com
phone: +39 011 0086346

 

© 2012 Marketwire, Incorporated. All rights reserved.

Sidense Defeats Kilopass' Remaining Claims; Kilopass' Case Is Over

 

After Granting Sidense Summary Judgment of Non-Infringement on Kilopass' Patent Claims, the Court Today Dismissed Kilopass' Remaining Claims With Prejudice and Entered Judgment in Favor of Sidense

OTTAWA--(Marketwire - October 3, 2012) - Sidense Corp., a leading developer of Logic Non-Volatile Memory (LNVM) OTP IP cores, today announced that the United States District Court for the Northern District of California dismissed with prejudice all of Kilopass' remaining business tort claims against Sidense. With the Court's recent decision granting Sidense summary judgment of non-infringement, this ruling terminates the entire Kilopass case. The Sidense victory is complete.

Although the Court granted Sidense summary judgment of non-infringement against Kilopass' patent claims on August 16, 2012, Kilopass nevertheless continued to pursue its claims for False Advertising under the Lanham Act, intentional interference with prospective economic advantage, and unfair competition. After Sidense successfully excluded virtually all evidence Kilopass intended to present at trial, Kilopass asked the Court to dismiss its remaining claims without prejudice, allowing Kilopass the right to raise these same claims again later. Today the Court rejected Kilopass' request, dismissing all remaining claims with prejudice preventing Kilopass from raising these claims again in the future. This puts an end to Kilopass' case in the district court.

"We couldn't be happier with Judge Illston's ruling, which, in conjunction with our summary judgment win, confirms what we have said since this frivolous lawsuit was filed against us," said Xerxes Wania, Sidense President and CEO. "We do not infringe Kilopass' patents, nor have we committed any business torts. Sidense has patiently taken the high road in defending itself for the past two and one-half years against these baseless allegations. Our diligent approach has finally paid off. We have so many people to thank for these wins, including our team at Sidense, our customers, our investors, our partners, and last, but not least, our legal team at Kilpatrick, Townsend and Stockton."

Having prevailed on all of Kilopass' claims, Sidense will now seek to recover its attorneys' fees and costs for having to defend against Kilopass' baseless allegations.

About Sidense Corp.

Sidense Corp. provides secure, very dense and reliable non-volatile, one-time programmable (OTP) memory IP for use in standard-logic CMOS processes with no additional masks or process steps required. The Company's innovative one-transistor 1T-Fuse(tm) architecture provides the industry's smallest footprint, most reliable and lowest power Logic Non-Volatile Memory (LNVM) IP solution. With over 100 patents granted or pending, Sidense OTP provides a field-programmable alternative solution to Flash, mask ROM and eFuse in many OTP and MTP applications.

Sidense SiPROM, SLP and ULP memory products, embedded in more than 240 customer designs, are available from 180nm down to 28nm and are scalable to 20nm and below. The IP is offered at and has been adopted by all top-tier semiconductor foundries and selected IDMs. Customers are using Sidense OTP for analog trimming, code storage, encryption keys such as HDCP, WHDI, RFID and Chip ID, medical, automotive, and configurable processors and logic. For more information, please visit www.sidense.com.

 

Media Contacts:

Susan Cain
Cain Communications for Sidense
Tel: 503-538-2747
Email: scain@caincom.com

Jim Lipman
Sidense
Tel: 925-606-1370
Email: jim@sidense.com

 

© 2012 Marketwire, Incorporated. All rights reserved.

 

Triple Point Named "Software House of the Year - Asia" by Energy Risk Magazine

Recognized for Excellence in Energy Trading and Risk Management Solutions

SINGAPORE--(Marketwire - October 3, 2012) - Triple Point Technology, the leading global provider of cloud and on-premise Commodity Management software, announced today that it has been named "Software House of the Year - Asia" by Energy Risk magazine. This prestigious award is a result of Triple Point's unique ability to deliver next-generation energy trading and risk management (ETRM) solutions that can be rapidly configured to meet the needs of Asia Pacific (APAC) energy companies.

Triple Point's revenue grew 75% year-over-year for the APAC region with 22 leading energy companies licensing its ETRM solutions including China National Offshore Oil Company (CNOOC) Limited, China's third largest national oil company. Other notable customers in the APAC region include SK Energy (Korea), HPCL-Mittal Energy Limited (India), Marubeni (Japan), Petredec (Singapore), and BHP Billiton (Australia). 

"Energy companies operating in APAC are increasingly turning to Triple Point because they require a rapidly-deployable, integrated, end-to-end solution to meet increased energy market complexity," said Michael Schwartz, senior vice president, chief marketing officer, Triple Point. "This award validates what the world's largest energy companies already know firsthand -- that Triple Point delivers the most advanced and comprehensive ETRM solution, hands down."

Triple Point's flagship ETRM platform, Commodity XL™, delivers unparalleled functionality for managing multiple commodities and addressing the APAC energy market's top challenges including price volatility, regulatory compliance, and enterprise risk management. Furthermore, Commodity XL's advanced architecture enables it to be configured rapidly and efficiently to meet Asian market requirements, while other solutions typically require extensive customization.

The "Software House of the Year - Asia" award follows on the heels of analyst firm Gartner, Inc. naming Triple Point a Leader in its Magic Quadrant for ETRM Platforms for the fourth consecutive year. In addition, Triple Point was ranked the #1 Credit Risk Software Vendor in Energy Risk's 2012 annual software survey, which is the largest industry survey to poll users of energy risk management and trading software.

About Triple Point Technology
Triple Point Technology® is the leading global provider of cloud and on-premise Commodity Management software that delivers advanced analytics to optimize end-to-end commodity and energy value chains. The company provides real-time, innovative solutions to competitively address the complex and volatile commodities supply chain: buying, selling, trading, and procurement; enterprise risk management; scheduling and logistics; storage; processing; and settlement and accounting. 

Triple Point's Commodity Management platform enables over 400 customers in 35+ countries to profitably manage exposure to energy and raw materials across industries, including energy, metals, minerals, agriculture, transportation, shipping, consumer products (CP), industrial manufacturers, and big box retailers. Triple Point was named a "Leader" in Gartner's ETRM Magic Quadrant for its completeness of vision and ability to execute in 2009, 2010, 2011, and 2012. Founded in 1993, the company employs over 800 staff in 14 offices and support centers around the globe. www.tpt.com.

 

Contact:

 Lauren LaFronz

Tel: +1.203.291.7979

Email: lauren.lafronz@tpt.com

 

© 2012 Marketwire, Incorporated. All rights reserved.