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Bermuda Emissions Control Wins Applause at Paris Environmental Conference

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Donal Smith, the Founder and CEO of Bermuda Emissions Control, Ltd. (BECL), of Hamilton, Bermuda

Donal Smith, the Founder and CEO of Bermuda Emissions Control, Ltd. (BECL), of Hamilton, Bermuda.

CaribPR Wire, PARIS, Tues. December 15, 2015: The growing need for vehicle emission control around the world was the subject of an address given at the COP21 Climate Change Conference in Paris by Donal Smith, the Founder and CEO of Bermuda Emissions Control, Ltd. (BECL), of Hamilton, Bermuda.

In presenting an overview of his Bermuda-based operation to delegates assembled at the ‘Wider Caribbean Pavilion’ in Paris, France on Friday, December 4, 2015, Smith said the small island of Bermuda had taken the lead in ensuring that vehicle emissions met strict quality control standards as a mandatory government requirement, since his company, BECL, began operating in 2009. “It took 20 years of painstaking research and development to open our first inspection plant but it was worth it,” he said.

Smith elaborated on the ways he was fulfilling his company’s commitment to help protect residents on Bermuda’s densely populated 22-square mile island from dangerous levels of carbon monoxide released into the fragile environment from vehicles licensed to operate on the public roadways.

He reminded the audience that Bermuda had achieved global relevance as an international financial centre which led the world in asset protection for ‘blue chip’ corporations. “Helping to protect the Island’s pristine environment has enhanced Bermuda’s appeal as a prominent offshore domicile of choice,” said the former Deputy Mayor of the City of Hamilton, Bermuda’s business Capital.

“The compulsory testing of vehicles on Bermudas roads contributes greatly towards ensuring a safer and cleaner quality of air and helps diminish the long-term impact of vehicular emissions, which research has identified as a significant cause of respiratory ailments which contribute to a high incidence of health concerns, such as asthma and bronchitis,” he added.

In concluding his remarks, Mr. Smith congratulated France on hosting the ‘COP21 Climate Change Conference,’ which resulted in 195 countries approving an historical draft agreement to address the world’s climate change challenges by the year 2020.

“I am so very pleased to see islands from the Caribbean region so well represented at the conference and I look forward to meeting them again to discuss the pressing need for Vehicle Emission Control at the COP22conference next year in Morocco along with the many delegates from all parts of the world I have had the privilege of meeting in Paris,” he said.

# # # # # # #

For a transcript of the Paris presentation and details of the services provided by Bermuda Emission Control Ltd please contact:

Media Contact:

Donal Smith                                                                           Victor Webb

Bermuda Emissions Control Ltd.                                Marston Webb International

T: (441) 504-2735                                                             T: (212) 684-6601

e-mail: donalsmith10@gmail.com                             e-mail: marwebint@cs.com

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St. Kitts and Nevis Hon. Prime Minister Timothy Harris Announces Suspension of Syrians from Citizenship by Investment Program

PM’s remarks draw on matters of Caribbean-U.S. mutual concern, highlighting stringent passport and security measures, and lucrative trade

and investment opportunities

WASHINGTON, Dec. 4, 2015 /PRNewswire-HISPANIC PR WIRE/ — During a Washington reception on December 3, the Prime Minister of St. Kitts and Nevis announced the suspension of Syrians from attaining dual nationality via the islands’ citizenship by investment program. Exclusion for second citizenship eligibility will hold, the Prime Minister noted, until further federal vetting processes can be completed.

The statement, first issued in St. Kitts and Nevis last week, comes in the wake of ongoing reports of counterfeit Syrian passports flooding the international black market. St. Kitts and Nevis’s exclusion additionally follows the government’s recall in 2013, barring Iranian citizens from its program due to security concerns.

“As the pioneer country in developing a second citizenship by investment program, we are proud that St. Kitts and Nevis established a standard for the highest due diligence in processing applicants, while developing an integral investment platform and helping the island’s economy,” Hon. Prime Minister Timothy Harris said. “These are hallmarks that have set St. Kitts and Nevis onto the international stage as one of the most lucrative and appealing locations to attain second citizenship by investment.”

St. Kitts and Nevis, alongside economic citizenship offerings in Dominica and Grenada, have emplaced rigorous screening processes in establishing application protocol. The security of a country’s borders remains top priority—standards the St. Kitts and Nevis government holds to highest standard to ensure integrity of its citizenship by investment programs, and opportunities for collaboration with its regional and international partners.

“Today’s perilous times call for heightened security measures—both from government bodies and the global citizen,” said Lanny Davis, executive vice president at LEVICK Communications and former White House counsel.

Speaking at the reception, Prime Minister Harris joined diplomatic representatives and Caribbean leaders in highlighting avenues for joint partnerships between the island nations and the U.S. Ongoing since the 2000 Caribbean Basin Trade Partnership Act, the Caribbean nations remain poised to continue expanding and diversifying their trade offerings, drawing interest from the U.S. market for foreign investment into the islands’ economies.

“Dual nationality is, simply, the 21st century’s insurance policy,” said Micha Emmett, the global managing director and legal advisor of UK-based citizenship solutions firm CS Global Partners. “From visa-free or -upon arrival options for 131 countries to the tranquil experience at the heart of the Caribbean existence, investing in St. Kitts and Nevis, Dominica or Grenada grants tremendous benefits while, in turn, supporting the economic developments of each respective island nation. At the heel of the recent events in Mali, Nigeria, Paris, Ankara, and Beirut, a second citizenship from a Caribbean island provides indispensable access to a safe haven, while opening substantial business possibilities.”

St. Kitts and Nevis, Dominica and Grenada present various real estate and diversification investment offerings, from a $100,000 contribution to Dominica’s Economic Diversification Fund; to $200,000 donation to Grenada’s National Transformation Fund; and a $250,000 minimum investment to the St. Kitts and Nevis Sugar Fund Diversification. For more information, please visit: www.csglobalpartners.com.

About CS Global Partners
CS Global Partners is an international, industry-leading, legal advisory firm specializing in citizenship and residence solutions. Our business was born out of a desire to deliver efficient and effective solutions for businesspersons and high net-worth individuals looking to safeguard their future and that of their families. With a global physical presence, counting nine offices across the world and an expert multi-lingual team fluent in over eleven languages, we are always available to provide tailored guidance and advice. CS Global Partners’ strong reputation for expertise and integrity has also allowed us to establish a government advisory practice, making us the consultants of choice of countries offering the world’s most sought-after citizenship and residence programs. For more information, please visit: www.csglobalpartners.com.

CONTACT: Olga DeMetri, odemetri@levick.com, +1-202-973-1329 office

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James River Group Holdings informa ingresos netos de 19,0 millones de USD o 0,64 USD por acción diluida durante el tercer trimestre

Informa ingresos netos operativos de 19,2 millones de USD o 0,65 USD por acción diluida.

Declara dividendos trimestrales de 0,16 USD por acción.

Declara dividendos especiales de 1,00 USD por acción.

Crecimiento del 33,0 % del segmento de Líneas de Excesos y Excedentes y 41,2% de crecimiento en el segmento Especial Admitido en el tercer trimestre.

El aumento en la escala impulsa reducciones del índice de gastos en Excesos y Excedentes (Excess and Surplus, E&S) y de segmentos Especiales Admitidos.

Ingresos netos del año de 40,8 millones de USD o 1,40 por acción, e ingresos netos operativos de 43,2 millones de USD o 1,48 USD por acción.

CaribPR Wire, PEMBROKE, Bermudas, Nov. 07, 2015: James River Group Holdings, Ltd. (NASDAQ:JRVR) anunció hoy los resultados financieros del tercer trimestre y los nueve meses que finalizaron el 30 de septiembre de 2015.

J. Adam Abram, director ejecutivo y presidente ejecutivo de James River Group Holdings, Ltd, comentó: “Mis colegas tuvieron excelentes rendimientos: el índice combinado se situó en el 89,0 %. James River continúa en la senda de una rentabilidad del 12 % sobre el capital tangible para nuestros accionistas durante el año calendario 2015. Nuestro crecimiento rentable le permitió a nuestro directorio complementar nuestros dividendos trimestrales regulares de 0,16 USD con un dividendo especial adicional de 1,00 USD por acción que se pagará en el cuarto trimestre.  Nos complace anunciar estos resultados y estos dividendos”.

Los factores significativos que deben tenerse en cuenta a la hora de evaluar el tercer trimestre de 2015 incluyen los siguientes:

  • Cada uno de los segmentos operativos de la compañía generó ganancias de suscripción.
  • Las ganancias operativas por acción diluidas son de 0,65 USD por acción en comparación con los 0,64 USD por acción del año anterior.
  • Ingresos netos operativos de 19,2 millones de USD en el tercer trimestre de 2015 en comparación con los 18,3 millones de USD del año anterior.
  • En el trimestre actual, la evolución favorable de las reservas antes de impuestos fue de 9,6 millones de USD (que representan 0,28 USD por acción) en comparación con la evolución favorable antes de impuestos de 15,4 millones de USD (que representan 0,48 USD por acción) del año anterior. Este fue el 13.° trimestre consecutivo en el que pudimos reducir las reservas respecto de los años de siniestros anteriores.
  • Nuestros segmentos comerciales continúan respondiendo de manera hábil a las condiciones del mercado:

– Nuestro segmento E&S altamente rentable observó un crecimiento del 33,0 % en las primas brutas emitidas, pasando de 61,9 millones de USD en el tercer trimestre de 2014 a 82,2 millones de USD.

– Nuestro segmento de seguros de productos especiales admitidos aumentó las primas brutas emitidas en un 41,2 %, pasando de 16,2 millones de USD en 2014 a 22,9 millones de USD, lo que ayudó a reducir el índice de gastos del segmento al 35,7 % en comparación con el 46,4 % en el tercer trimestre de 2014.

  • Nuestro índice combinado para el trimestre fue de 89,0 % en comparación con el 88,8 % del año anterior. Al 30 de septiembre de 2015, el 69 % de las reservas totales por pérdidas netas fueron designadas como reservas de siniestros ocurridos y no reportados (incurred but not reported reserves, IBNR), lo cual es coherente con nuestra historia de reservas fuertes.
  • Los ingresos netos por inversiones para el trimestre fueron de 9,5 millones de USD en comparación con los 10,0 millones de USD para el mismo período de 2014.
  • Las primas brutas emitidas en nuestro Segmento de Reaseguros de Responsabilidad disminuyeron de 93,3 millones de USD a 43,1 millones. Ello fue principalmente el resultado de una diferencia temporal, debido a que un gran contrato de reaseguro se renovó con anticipación. Asimismo, la gerencia de este segmento tomó decisiones de no renovar o de reducir el tamaño de otros contratos al momento de su renovación en el trimestre.

Los factores significativos que se deben tener en cuenta a la hora de evaluar el período de nueve meses que finalizó el 30 de septiembre de 2015 incluyen los siguientes:

  • Cada uno de los segmentos operativos de la compañía generó ganancias de suscripción.
  • Las ganancias operativas por acción diluidas subieron un 7,2 % a 1,48 USD por acción en comparación con los 1,38 USD por acción del año anterior.
  • Ingresos operativos netos de 43,2 millones de USD en 2015 en comparación con los 39,6 millones de USD del año anterior.
  • Durante los 9 meses de 2015, tuvimos una evolución favorable de las reservas de 14,6 millones de USD en comparación con los 19,1 millones de USD en los primeros 9 meses del año anterior.
  • Disfrutamos de un aumento en las primas brutas emitidas del 11,5 %, pasando de 415,6 millones de USD a 463,5 millones de USD, lo cual ayudó a disminuir los índices de gastos en nuestras dos aseguradoras principales:

– Las primas brutas de emisión del Segmento de Líneas de Excesos y Excedentes crecieron un 28,9 % hasta alcanzar 235,4 millones de USD, lo cual disminuyó el índice de gastos del segmento en 2,1 puntos porcentuales.

– Las primas brutas de emisión del Segmento de Seguros de Productos Especiales Admitidos crecieron en un 52,7 % hasta alcanzar 61,8 millones de USD, lo cual disminuyó el índice de gastos del segmento en 12,1 puntos porcentuales.

– Las primas brutas emitidas de nuestro Segmento de Reaseguros de Responsabilidad disminuyeron en un 13,6 %, pasando de 192,6 millones de USD en 2014 a 166,4 millones de USD.

El valor del capital tangible aumentó un 3,3 % durante el tercer trimestre de 2015, de 470,5 millones de USD al 30 de junio de 2015 a 485,9 millones de USD al 30 de septiembre de 2015. Esto se debió principalmente a nuestros ingresos netos de 19,0 millones de USD y a un aumento de otros ingresos globales acumulados (es decir, ganancias no realizadas en nuestra cartera de inversión) que aumentaron en 1,6 millones de USD (después de impuestos), pasando de 7,3 millones de USD al 30 de junio de 2015 a 8,9 millones de USD al 30 de septiembre de 2015, que fue compensado parcialmente por el dividendo de 4,6 millones de USD pagados durante el trimestre.  El aumento de las ganancias no realizadas fue impulsado principalmente por el cambio en las tasas de interés del mercado.

En cuanto al desempeño anual hasta la fecha, nuestro valor contable tangible aumentó un 4,3 %, de 466,0 millones de USD el 31 de diciembre de 2014 a 485,9 millones de USD el 30 de septiembre de 2015. Este aumento se debió principalmente a nuestros ingresos netos de 40,8 millones de USD, compensados parcialmente por una disminución de otros ingresos globales acumulados, que disminuyeron 9,5 millones de USD, de 18,4 millones de USD el 31 de diciembre de 2014 a 8,9 millones de USD el 30 de septiembre de 2015, así como también se debió a los 13,9 millones de USD de dividendos pagados y devengados durante 2015.

Las ganancias operativas netas por acción diluida del primer trimestre de 2015 fueron de 0,65 USD por acción, sin incluir 252 000 USD de costos antes de impuestos relacionados con las ganancias y pérdidas realizadas y con otros gastos no operativos. Este monto se compara con los 0,64 USD generados durante el mismo período de 2014. En cuanto a las ganancias anuales hasta la fecha, las ganancias operativas netas por acción diluidas del año 2015 fueron de 1,48 USD por acción, sin incluir 0,08 USD por acción de los costos relacionados con las ganancias y pérdidas realizadas y con otros gastos no operativos. Este monto puede compararse con los 1,38 USD para el mismo período de 2014.

Las ganancias por acción totalmente diluidas para el tercer trimestre de 2015 fueron de 0,64 USD, las cuales excedieron el monto de 0,60 USD del tercer trimestre de 2014. A la fecha, las ganancias por acción totalmente diluidas en el año 2015 fueron de 1,40 USD por acción. Este monto puede compararse con los 1,24 USD del mismo período de 2014.

El índice combinado de la compañía para el tercer trimestre de 2015 fue del 89,0 % (compuesto por un índice de pérdidas del 54,4 % y un índice de gastos del 34,7 %). Este puede compararse con el índice combinado del 88,8 % (compuesto por un índice de pérdidas del 54,5 % y un índice de gastos del 34,3 %) del año anterior. A la fecha, el índice combinado de la compañía para 2015 fue de 94,6 % (compuesto por un índice de pérdidas del 60,5 % y un índice de gastos del 34,1 %). Esto se compara con un índice combinado del año anterior de 94,5 % (compuesto por un índice de pérdidas del 60,1 % y un índice de gastos del 34,4 %).

Los resultados del trimestre que finalizó el 30 de septiembre de 2015 incluyen una evolución favorable de las reservas de 9,6 millones de USD respecto de los años de siniestros anteriores. Esto representó 7,8 puntos de nuestro índice de pérdidas y nuestro índice combinado, respectivamente, que puede compararse con una evolución favorable de las reservas de 15,4 millones de USD del año anterior, que representó 15,4 puntos de nuestro índice de pérdidas y nuestro índice combinado, respectivamente. La evolución favorable de las reservas para el trimestre es de 8,3 millones de USD después de impuestos (13,9 millones de USD el año anterior). Los parámetros anuales hasta la fecha para el año 2015 incluyen una evolución favorable de las reservas para años de siniestros anteriores de 14,6 millones de USD (o 12,4 millones de USD después de impuestos), que representa 4,2 puntos de nuestro índice de pérdidas y del índice combinado, respectivamente. En 2014, la evolución favorable de las reservas para este período de 9 meses fue de 19,1 millones de USD (o 16,8 millones de USD después de impuestos), que representó 6,7 puntos de nuestro índice de pérdidas y del índice combinado, respectivamente.

El aumento en el índice de gastos globales durante el tercer trimestre de 2015 en comparación con el mismo período del año anterior (34,7 % en 2015 frente a 34,3 % del año anterior) se debió a mayores comisiones a tarifa variable en nuestro segmento de Reaseguros de Responsabilidad (debido menores a índices de pérdidas subyacentes). Dicho incremento también se debió a mayores gastos de compensación basados en acciones y otros costos asociados a ser una compañía pública, pero fue compensado por el aumento del 22,7 % de nuestras primas devengadas durante el trimestre, de 100,0 millones de USD en 2014 a 122,7 millones de USD en 2015. Nuestro índice de gastos globales durante el período de 9 meses que finalizó el 30 de septiembre de 2015 disminuyó de 34,4 % en 2014 a 34,1 % en 2015, como consecuencia del aumento del 20,9 % en las primas devengadas, de 286,1 millones de USD en 2014 a 345,8 millones en 2015, pero fue compensado por el aumento de los gastos de compensación basados en acciones y los demás costos asociados a ser una compañía pública.

El índice combinado del segmento de Líneas de Excesos y Excedentes, compuesto por un índice de pérdidas del 49,9 % y un índice de gastos del 24,2 %, fue de 74,1 % durante el tercer trimestre de 2015. El año anterior, el índice combinado de este segmento fue de 74,6 % durante el segundo trimestre, compuesto por un índice de pérdidas de 46,6 % y un índice de gastos de 27,9 %. A la fecha, el índice combinado del segmento de Líneas de Excesos y Excedentes fue de 83,0 %, compuesto por un índice de pérdidas de 56,9 % y un índice de gastos de 26,1 %. El año anterior, el índice combinado a la fecha de este segmento fue de 84,1 %, compuesto por un índice de pérdidas de 55,9 % y un índice de gastos de 28,2 %. Durante el tercer trimestre, registramos una evolución favorable de las reservas antes de impuestos de 10,1 millones de USD, lo cual representó 15,3 puntos de nuestro índice de pérdidas y nuestro índice combinado, respectivamente. Durante el mismo período de 2014, registramos una evolución favorable de las reservas antes de impuestos de 12,0 millones de USD, lo cual representó 23,4 puntos de nuestro índice de pérdidas y nuestro índice combinado, respectivamente. A la fecha, 2015 incluye una evolución favorable de las reservas para años de siniestros anteriores de 18,5 millones de USD, lo cual representa 10,4 puntos de nuestro índice de pérdidas y del índice combinado, respectivamente. Durante el año 2014, esta evolución favorable de las reservas fue de 18,3 millones de USD, lo cual representó 13,2 puntos de nuestro índice de pérdidas y del índice combinado, respectivamente.

El índice combinado del segmento de Seguros de Productos Especiales Admitidos, compuesto por un índice de pérdidas del 60,0 % y un índice de gastos del 35,7 %, fue de 95,7 % durante el tercer trimestre de 2015. El año anterior, el índice combinado de este segmento fue de 97,7 %, compuesto por un índice de pérdidas de 51,3 % y un índice de gastos de 46,4 %. A la fecha, el índice combinado del segmento de Seguros de Productos Especiales Admitidos, compuesto por un índice de pérdidas de 60,4 % y un índice de gastos de 38,0 %, fue de 98,3 %. El año anterior, el índice combinado de este segmento fue de 104,7 %, compuesto por un índice de pérdidas de 54,5 % y un índice de gastos de 50,1 %. Durante el tercer trimestre, registramos una evolución favorable de las reservas antes de impuestos de 2,0 millones de USD, que representó 18,3 puntos de nuestro índice de pérdidas y nuestro índice combinado, respectivamente. Durante el mismo período de 2014, registramos una evolución favorable de las reservas antes de impuestos de 2,2 millones de USD, que representó 30,3 puntos de nuestro índice de pérdidas y nuestro índice combinado, respectivamente. A la fecha, 2015 incluye una evolución favorable de las reservas para los años de siniestros anteriores de 2,2 millones de USD, que representa 7,1 puntos de nuestro índice de pérdidas y del índice combinado, respectivamente. Durante el año 2014, este segmento tuvo una evolución favorable de las reservas de 3,3 millones de USD, lo cual representó 17,2 puntos de nuestro índice de pérdidas y del índice combinado, respectivamente. El índice de gastos anual hasta la fecha y del tercer trimestre de 2015, de 38,0 % y 35,7 %, respectivamente, ha comenzado a evidenciar las consecuencias del crecimiento exitoso de los programas y de las transacciones “fronting”, con un aumento global de las primas devengadas en este segmento. Durante el mismo período del año anterior, el índice de gastos fue del 50,1 % y del 46,4 %, respectivamente.

El índice combinado del segmento de Reaseguros de Responsabilidad, compuesto por un índice de pérdidas del 59,4 % y un índice de gastos del 40,0 %, fue de 99,4 % durante el tercer trimestre de 2015. El año anterior, el índice combinado de este segmento fue del 100,0 %, compuesto por un índice de pérdidas del 64,7 % y un índice de gastos del 35,2 %. El aumento del índice de gastos durante el tercer trimestre de 2015 fue el resultado de mayores comisiones a tarifas variables asociado con índices de pérdidas favorables, principalmente en el año de suscripción 2014. A la fecha, el índice combinado del segmento de Reaseguros de Responsabilidad, compuesto por un índice de pérdidas de 65,1 % y un índice de gastos de 34,2 %, fue de 99,3 %. El año anterior, el índice combinado de este segmento a la fecha fue de 99,7 %, compuesto por un índice de pérdidas de 65,4 % y un índice de gastos de 34,3 %. Durante el tercer trimestre, registramos una evolución desfavorable de las reservas de 2,5 millones de USD, que representó 5,3 puntos del índice de pérdidas y del índice combinado, respectivamente. El año anterior, registramos una evolución favorable de las reservas de 1,2 millones de USD, lo cual representó 2,9 puntos del índice de pérdidas y del índice combinado, respectivamente. A la fecha, 2015 incluye una evolución desfavorable de las reservas para los años de siniestros anteriores de 6,0 millones de USD , lo cual representa 4,4 puntos de nuestro índice de pérdidas y del índice combinado, respectivamente. Durante 2014, esta evolución desfavorable de las reservas fue de 2,4 millones de USD, lo cual representó 1,9 puntos de nuestro índice de pérdidas y del índice combinado, respectivamente.

La disminución de las primas brutas emitidas en este segmento durante el tercer trimestre de 2015 se debe, principalmente, al momento de la renovación de un contrato que se renovó en el tercer trimestre de 2014, pero que fue renovado en el segundo trimestre de 2015. Este contrato contribuyó 25,0 millones de USD a las primas brutas emitidas del tercer trimestre de 2014 y 16,0 millones a las del segundo trimestre de 2015. Asimismo, la gerencia de este Segmento tomó decisiones de no renovar, o de reducir el tamaño de otros contratos al momento de su renovación en el trimestre.

Los ingresos netos por inversiones durante el tercer trimestre de 2015 fueron de 9,5 millones de USD, que se comparan con los 10,0 millones de USD durante el mismo período en 2014. A la fecha, los ingresos netos por inversiones durante 2015 fueron de 34,5 millones de USD, que se comparan con los 33,2 millones para el mismo período de 2014. La disminución de los ingresos netos por inversiones para el trimestre pudo atribuirse, principalmente, a una disminución en el valor de mercado de nuestras inversiones en ciertas sociedades relacionadas con energías renovables llevadas a cabo en el tercer trimestre, de 659 000 USD, en comparación con un aumento de 697 000 en el tercer trimestre del año anterior. A la fecha, estas sociedades relacionadas con la energía han contribuido a nuestros ingresos netos por inversiones 4,0 millones de USD y 4,7 millones de USD durante los nueve meses finalizados el 30 de septiembre de 2015 y 2014, respectivamente. El aumento a la fecha de los ingresos netos por inversiones también pudo atribuirse al aumento en nuestro saldo en efectivo y activos invertidos que aumentaron un 5,9 %, de 1302,1 millones de USD al 30 de septiembre de 2014 a 1378,9 millones al 30 de septiembre de 2015. Asimismo, los ingresos netos por inversión se vieron afectados por nuestro flujo de caja operativo positivo, parcialmente compensado por los 70 millones de USD en dividendos que pagamos el 30 de septiembre de 2014, los cuales redujeron nuestros activos invertibles, así como también el rendimiento de la cartera. Nuestro rendimiento bruto anualizado de inversiones sobre los valores de vencimiento fijo promedio para los períodos de tres y nueve meses que finalizaron el 30 de septiembre de 2015 fue de 3,4 % y 3,3 %, respectivamente, mientras que la duración promedio de nuestra cartera fue de 3,5 años.

Durante el tercer trimestre, registramos pérdidas realizadas netas antes de impuestos por un total de 17 000 USD (diecisiete mil dólares estadounidenses). A la fecha, registramos ganancias realizadas netas antes de impuestos por un total de 2,5 millones de USD. Este monto incluye los 3,4 millones de USD en pérdidas durante el primer trimestre de 2015 en relación con el segmento energético de nuestra cartera. Al 30 de septiembre de 2015, ésta tenía un valor contable residual de 21,0 millones de USD y un valor de mercado de 16,1 millones de USD.

Dividendos

La compañía anunció que su Junta Directiva declaró un dividendo en efectivo de 0,16 USD por acción ordinaria. Este dividendo se pagará el 28 de diciembre de 2015 a todos los accionistas que se encuentren registrados el lunes 14 de diciembre de 2015.

Dividendos especiales

La compañía también anunció que su Junta Directiva declaró un dividendo en efectivo de 1,00 USD por acción ordinaria. Este dividendo se pagará el lunes 28 de diciembre de 2015 a todos los accionistas que se encuentren registrados el lunes 14 de diciembre de 2015.

Conferencia telefónica

James River Group Holdings llevará a cabo una conferencia telefónica para hablar sobre este comunicado de prensa mañana, 05 de noviembre de 2015, a las 9.00 a. m., hora del este. Los inversionistas pueden participar en la conferencia llamando al (877) 930-8055; el número de identificación de la conferencia es el 17443071. O bien a través de Internet en www.jrgh.net, haciendo clic en el enlace “Investor Relations” (Relaciones con los inversionistas). Ingrese al sitio web al menos 15 minutos antes del evento para inscribirse, y descargar e instalar el software de audio necesario. La repetición estará disponible poco después de la finalización de la conferencia y hasta el momento de cierre de la jornada del 04 de diciembre de 2015 en el número de teléfono y en el sitio web antes mencionados.

Declaraciones a futuro

Este comunicado de prensa contiene declaraciones a futuro, según la definición del término establecida en la Ley de Reforma de Litigios sobre Valores Privados (Private Securities Litigation Reform Act) de 1995. En algunas ocasiones, estas declaraciones a futuro pueden identificarse por el uso de términos tales como “creer”, “esperar”, “buscar”, “poder”, “será”, “pretender”, “proyectar”, “anticipar” “planificar”, “estimar” u otras palabras similares. Las declaraciones a futuro implican riesgos e incertidumbres que podrían causar que los resultados reales difieran materialmente de los previstos en ellas. Si bien no es posible identificar todos los riesgos y factores, entre ellos se incluyen los siguientes: pérdidas que excedan las reservas, pérdida de empleados o de miembros de la gerencia claves, factores económicos adversos, disminución de nuestra capacidad financiera, pérdida de un grupo de corredores o agentes que representan una parte importante de nuestro negocio, pérdida de nuestra cartera de inversiones, reglamentaciones gubernamentales o del mercado adicionales, posibilidad de quedar sujetos a impuestos estadounidenses y otros riesgos descritos en los documentos presentados por la compañía ante la Comisión de Bolsa y Valores. Estas declaraciones a futuro son válidas únicamente a la fecha de este comunicado y no asumimos ninguna obligación de actualizar o revisar la información de cualquiera de estas declaraciones a futuro para reflejar cambios en las suposiciones, eventos imprevistos o cualquier otra situación.

Índices que no se ajustan a los principios de contabilidad generalmente aceptados

Al presentar los resultados de James River Group Holding, la gerencia incluyó índices financieros que no se calculan de acuerdo con los estándares o las reglas comprendidos en los principios de contabilidad generalmente aceptados (Generally Accepted Accounting Principles, GAAP) en Estados Unidos. Estos índices, que incluyen las ganancias de seguros, los ingresos operativos netos y el rendimiento sobre el capital tangible, se denominan índices financieros no ajustados a los principios de contabilidad generalmente aceptados. Es posible que otras compañías definan o calculen estos índices de manera diferente. No debe considerarse que estos índices sustituyen aquellos establecidos de acuerdo con los GAAP. Al final de este comunicado se incluye la conciliación de estos índices con los índices GAAP más similares.

Acerca de James River Group Holdings, Ltd.

James River Group Holdings, Ltd. es un holding empresarial de seguros con sede en las Bermudas que posee y opera un grupo de compañías especializadas de seguros y reaseguros fundadas por miembros de nuestro equipo gerencial. La compañía opera en tres segmentos especializados de seguros y reaseguros de responsabilidad y patrimoniales: Líneas de Excesos y Excedentes, Seguros de Productos Especiales Admitidos y Reaseguros de Responsabilidad. En cada uno de los segmentos, la compañía tiende a enfocarse en cuentas asociadas con pequeñas y medianas empresas. A.M. Best Company calificó con “A-” (excelente) y una “perspectiva positiva” a cada una de las subsidiarias de seguro reguladas de la compañía.

Visite el sitio web de James River Group Holdings, Ltd. en www.jrgh.net

James River Group Holdings, Ltd. y sus subsidiarias
Información del balance condensado consolidado
(No auditado)
September 30,
2015
December 31,
2014
($ in thousands, except for share amounts)
ASSETS
Invested assets:
Fixed maturity securities, available-for-sale $ 888,480 $ 756,963
Fixed maturity securities, trading 1,251 7,388
Equity securities, available-for-sale 74,453 67,905
Bank loan participations, held-for-investment 213,625 239,511
Short-term investments 50,225 131,856
Other invested assets 74,301 33,622
Total investments 1,302,335 1,237,245
Cash and cash equivalents 76,561 73,383
Accrued investment income 8,281 7,273
Premiums receivable and agents’ balances 197,962 162,527
Reinsurance recoverable on unpaid losses 133,273 127,254
Reinsurance recoverable on paid losses 5,835 1,725
Deferred policy acquisition costs 72,673 60,202
Goodwill and intangible assets 221,509 221,956
Other assets 77,686 67,727
Total assets $ 2,096,115 $ 1,959,292
LIABILITIES AND SHAREHOLDERS’ EQUITY
Reserve for losses and loss adjustment expenses $ 779,009 $ 716,296
Unearned premiums 329,867 277,579
Senior debt 88,300 88,300
Junior subordinated debt 104,055 104,055
Accrued expenses 29,250 31,107
Other liabilities 58,218 54,034
Total liabilities 1,388,699 1,271,371
Total shareholders’ equity 707,416 687,921
Total liabilities and shareholders’ equity $ 2,096,115 $ 1,959,292
Tangible equity $ 485,907 $ 465,965
Tangible equity per common share outstanding $ 16.89 $ 16.33
Total shareholders’ equity per common share outstanding $ 24.59 $ 24.10
Common shares outstanding at end-of-period 28,769,487 28,540,350
Debt to total capitalization ratio 21.4 % 21.9 %
James River Group Holdings, Ltd. and Subsidiaries
Condensed Consolidated Income Statement Data
(Unaudited)
Three Months Ended
September 30,
Nine Months Ended
September 30,
2015 2014 2015 2014
($ in thousands, except for share data)
REVENUES
Gross written premiums $ 148,236 $ 171,415 $ 463,505 $ 415,616
Net written premiums $ 122,928 $ 153,836 $ 390,401 $ 367,618
Net earned premiums $ 122,705 $ 99,989 $ 345,776 $ 286,057
Net investment income 9,510 9,996 34,496 33,189
Net realized investment (losses) gains (17 ) 2,033 (2,473 ) (1,678 )
Other income 925 (201 ) 2,018 740
Total revenues 133,123 111,817 379,817 318,308
EXPENSES
Losses and loss adjustment expenses 66,718 54,486 209,133 171,936
Other operating expenses 43,387 34,114 119,764 98,971
Other expenses 69 2,459 207 2,848
Interest expense 1,769 1,557 5,217 4,661
Amortization of intangible assets 149 149 447 447
Total expenses 112,092 92,765 334,768 278,863
Income before taxes 21,031 19,052 45,049 39,445
Income tax expense (2,070 ) (1,884 ) (4,222 ) (3,626 )
NET INCOME $ 18,961 $ 17,168 $ 40,827 $ 35,819
NET OPERATING INCOME $ 19,177 $ 18,288 $ 43,230 $ 39,639
EARNINGS PER SHARE
Basic $ 0.66 $ 0.60 $ 1.43 $ 1.26
Diluted $ 0.64 $ 0.60 $ 1.40 $ 1.24
NET OPERATING INCOME PER SHARE
Basic $ 0.67 $ 0.64 $ 1.51 $ 1.39
Diluted $ 0.65 $ 0.64 $ 1.48 $ 1.38
Weighted-average common shares outstanding:
Basic 28,735,087 28,540,350 28,608,398 28,540,350
Diluted 29,418,251 28,793,815 29,244,520 28,787,500
Cash dividends declared per common share $ 1.16 $ 2.45 $ 1.48 $ 2.45
Ratios:
Loss ratio 54.4 % 54.5 % 60.5 % 60.1 %
Expense ratio 34.7 % 34.3 % 34.1 % 34.4 %
Combined ratio 89.0 % 88.8 % 94.6 % 94.5 %
James River Group Holdings, Ltd. and Subsidiaries
Segment Results
EXCESS AND SURPLUS LINES
Three Months Ended
September 30,
Nine Months Ended
September 30,
2015 2014 2015 2014
($ in thousands)
Gross written premiums $ 82,249 $ 61,857 $ 235,384 $ 182,544
Net written premiums $ 68,731 $ 51,079 $ 191,951 $ 150,618
Net earned premiums $ 65,804 $ 51,230 $ 178,071 $ 138,313
Losses and loss adjustment expenses (32,853 ) (23,882 ) (101,383 ) (77,362 )
Underwriting expenses (15,904 ) (14,315 ) (46,429 ) (39,020 )
Underwriting profit (a), (b) $ 17,047 $ 13,033 $ 30,259 $ 21,931
Ratios:
Loss ratio 49.9 % 46.6 % 56.9 % 55.9 %
Expense ratio 24.2 % 27.9 % 26.1 % 28.2 %
Combined ratio 74.1 % 74.6 % 83.0 % 84.1 %
(a) See “Reconciliation of Non-GAAP Measures.”
(b) Underwriting results include fee income of $861,000 and $(218,000) for the three months ended September 30, 2015 and 2014, respectively, and $1.8 million and $565,000 for the respective nine month periods.
SPECIALTY ADMITTED INSURANCE
Three Months Ended
September 30,
Nine Months Ended
September 30,
2015 2014 2015 2014
($ in thousands)
Gross written premiums $ 22,898 $ 16,211 $ 61,755 $ 40,447
Net written premiums $ 11,110 $ 9,212 $ 31,751 $ 24,855
Net earned premiums $ 10,743 $ 7,185 $ 30,448 $ 18,847
Losses and loss adjustment expenses (6,448 ) (3,687 ) (18,377 ) (10,274 )
Underwriting expenses (3,833 ) (3,336 ) (11,565 ) (9,451 )
Underwriting profit (loss) (a), (b) $ 462 $ 162 $ 506 $ (878 )
Ratios:
Loss ratio 60.0 % 51.3 % 60.4 % 54.5 %
Expense ratio 35.7 % 46.4 % 38.0 % 50.1 %
Combined ratio 95.7 % 97.7 % 98.3 % 104.7 %
(a) See “Reconciliation of Non-GAAP Measures.”
(b) Underwriting results include fee income of $328,000 and $211,000 for the three months ended September 30, 2015 and 2014, respectively, and $992,000 and $514,000 for the respective nine month periods.
CASUALTY REINSURANCE
Three Months Ended
September 30,
Nine Months Ended
September 30,
2015 2014 2015 2014
($ in thousands)
Gross written premiums $ 43,089 $ 93,347 $ 166,366 $ 192,625
Net written premiums $ 43,087 $ 93,545 $ 166,699 $ 192,145
Net earned premiums $ 46,158 $ 41,574 $ 137,257 $ 128,897
Losses and loss adjustment expenses (27,417 ) (26,917 ) (89,373 ) (84,300 )
Underwriting expenses (18,465 ) (14,640 ) (46,973 ) (44,173 )
Underwriting profit (a) $ 276 $ 17 $ 911 $ 424
Ratios:
Loss ratio 59.4 % 64.7 % 65.1 % 65.4 %
Expense ratio 40.0 % 35.2 % 34.2 % 34.3 %
Combined ratio 99.4 % 100.0 % 99.3 % 99.7 %
(a) See “Reconciliation of Non-GAAP Measures.”

CONCILIACIÓN DE LAS NORMAS NO AJUSTADAS A LOS PRINCIPIOS DE CONTABILIDAD GENERALMENTE ACEPTADOS

El cuadro siguiente concilia las ganancias (pérdidas) de seguros por segmento operativo individual y de la compañía en su totalidad con los ingresos consolidados antes de impuestos. Creemos que estas normas son útiles para los inversores al evaluar el desempeño de la compañía y de sus segmentos operativos, porque nuestro objetivo es obtener ganancias de seguros en forma consistente. Evaluamos el desempeño de nuestros segmentos operativos y asignamos recursos principalmente en función de las ganancias (pérdidas) de seguros de los segmentos operativos. Las ganancias (pérdidas) de seguros no pueden compararse con los de otras compañías.

Three Months Ended
September 30,
Nine Months Ended
September 30,
2015 2014 2015 2014
($ in thousands)
Underwriting profit (loss) of the operating segments:
Excess and Surplus Lines $ 17,047 $ 13,033 $ 30,259 $ 21,931
Specialty Admitted Insurance 462 162 506 (878 )
Casualty Reinsurance 276 17 911 424
Total underwriting profit of operating segments 17,785 13,212 31,676 21,477
Other operating expenses of the Corporate and
Other segment
(4,324 ) (2,041 ) (12,958 ) (5,762 )
Underwriting profit (a) 13,461 11,171 18,718 15,715
Net investment income 9,510 9,996 34,496 33,189
Net realized investment (losses) gains (17 ) 2,033 (2,473 ) (1,678 )
Other income and expenses (5 ) (2,442 ) (28 ) (2,673 )
Interest expense (1,769 ) (1,557 ) (5,217 ) (4,661 )
Amortization of intangible assets (149 ) (149 ) (447 ) (447 )
Consolidated income before taxes $ 21,031 $ 19,052 $ 45,049 $ 39,445
(a)  Included in underwriting results for the three months ended September 30, 2015 and 2014 is fee income of $1.2 million and $(7,000), respectively, and $2.8 million and $1.1 million for the respective nine month periods.

Definimos a los ingresos netos operativos como ingresos netos, excluidas las ganancias y pérdidas netas realizadas por inversión, los gastos relacionados con los costos de diligencia debida por varias actividades de fusión y adquisición, costos asociados con nuestra oferta pública inicial, costos de indemnizaciones asociadas con el despido de empleados, cargos por deterioro del fondo de comercio y los activos intangibles, y ganancias por la extinción de deudas. Utilizamos los ingresos netos operativos como una medida de desempeño interno en la gestión de nuestras operaciones, porque creemos que le otorga a nuestra gerencia y a otros usuarios de nuestra información financiera un conocimiento útil de los resultados de nuestras operaciones y de nuestro desempeño de negocios subyacente. Los ingresos operativos netos no deberían ser considerados como un sustituto de los ingresos netos calculados de acuerdo con los principios de contabilidad generalmente aceptados, y nuestra definición de ingresos operativos netos tal vez no sea comparable a la de otras compañías.

Nuestros ingresos antes de impuestos y nuestros ingresos netos durante los tres y nueve meses finalizados el 30 de septiembre de 2015 y 2014, respectivamente, se concilian con nuestros ingresos netos operativos de la siguiente forma:

Three Months Ended
September 30,
2015 2014
Income
Before
Taxes
Net
Income
Income
Before
Taxes
Net
Income
($ in thousands)
Income as reported $ 21,031 $ 18,961 $ 19,052 $ 17,168
Net realized investment losses (gains) 17 63 (2,033 ) (1,420 )
Other expenses 69 45 2,459 (a) 2,434
Interest expense on leased building the Company is deemed to own for accounting purposes 166 108 163 106
Net operating income $ 21,283 $ 19,177 $ 19,641 $ 18,288
Nine Months Ended
September 30,
2015 2014
Income
Before
Taxes
Net
Income
Income
Before
Taxes
Net
Income
($ in thousands)
Income as reported $ 45,049 $ 40,827 $ 39,445 $ 35,819
Net realized investment losses 2,473 1,946 1,678 723
Other expenses 207 135 2,848 (a) 2,775
Interest expense on leased building the Company is deemed to own for accounting purposes 496 322 495 322
Net operating income $ 48,225 $ 43,230 $ 44,466 $ 39,639
(a)  Principally costs of the initial public offering.

Definimos al capital tangible como la suma del patrimonio neto menos la el fondo de comercio y los activos intangibles (neto de amortización). Es posible que nuestra definición de capital tangible no sea comparable con la de otras compañías, y no debe considerarse como un sustituto del patrimonio neto calculado de acuerdo con los principios de contabilidad generalmente aceptados. Utilizamos al capital tangible internamente para evaluar la fortaleza de nuestro balance y para comparar rendimientos relativos a esta medida. El siguiente cuadro concilia el patrimonio neto con el capital tangible al 30 de septiembre de 2015, 30 de junio de 2015 y 31 de diciembre de 2014.

September 30, June 30, December 31,
2015 2015 2014
Shareholders’ equity $ 707,416 $ 692,185 $ 687,921
Less:  Goodwill and intangible assets 221,509 221,658 221,956
Tangible equity $ 485,907 $ 470,527 $ 465,965

Para obtener más información, comuníquese con:

Robert Myron
Presidente y director de Operaciones
1-441-278-4583

InvestorRelations@jrgh.net
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CITIVA and UWI Join Forces to Lead Global Charge in Marijuana Research

KINGSTON, Jamaica, Nov. 2, 2015 /PRNewswire-HISPANIC PR WIRE/ — CITIVA Jamaica (CITIVA) has made another major step in their ongoing relationship with the University of the West Indies, Mona Campus (UWI). The medical research company held its first Continuing Medical Education (CME) Seminar on October 15, 2015, during which CITIVA’s Chief Medical Officer, Jack D’Angelo MD, MBA, delivered a lecture onCannabinoids and the Management of Multiple Disease States.

CITIVA is focused on advancing the study of marijuana and its efficacy in the field of medicine. In July, CITIVA initiated construction of the world’s first facility dedicated to medical marijuana research at UWI.

“In the US we are only allowed to legally study the undesirable effects [of marijuana]; those are the only studies that can be funded,” said D’Angelo, adding that, “these studies are a little bit unfair in their interpretation.” CITIVA’s research will focus on the endocannabinoid system – a system within the human body which is involved in a variety of physiological processes including appetite, pain-sensation, mood, and memory. CITIVA is seeking to show how the naturally occurring cannabinoids in marijuana affect different disease states, particularly Type II Diabetes, Epilepsy and Neuropathic Pain.

Support for the inaugural seminar came from an array of medical fields, with many individuals looking forward to the start of CITIVA’s clinical trials. “It’s good to see that there was a multidisciplinary turnout,” said Eric Williams, who is a consultant in Emergency Medicine at the University Hospital. Amongst those in attendance were, pediatric neurologist Dr. Roxanne Melbourne-Chambers, senior lecturer in Physiology at UWI, Dr. Dagogo Pebble, and Executive Director of the Jamaican Epilepsy Association, Joy McHugh.

“This is a growing industry,” said Pebble, “and having Citiva here will be like having [the research] at the home of the plant.” CITIVA’s research into Type II Diabetes, epilepsy and neuropathic pain could have additional benefits for the local population. “Particularly within our context and our strained resources, this would seem to be an option worth researching to see if it is clinically applicable,” said Chambers, who treats many children with severe epilepsy at the University Hospital. The cost of cannabinoid treatments is expected to be significantly lower than synthetic products.

Along with their work at UWI, CITIVA is working closely with the Diabetes Association of Jamaica (DAJ) and the Jamaican Epilepsy Association (JEA) to study these diseases and how cannabinoids can be beneficial to treatment. One initiative, spear-headed by CITIVA and the JEA, is to make cannabinoid treatments available to all children afflicted with epilepsy. “People in the US move to states where [marijuana is] available to treat their children,” said D’Angelo, who used the CNN piece by Dr. Sanjay Gupta as a prime example of how these treatments work.

CITIVA seeks to make medical practitioners and educators aware of the advancements in marijuana research. “Still in medical schools we don’t spend any time educating people on this topic,” according to D’Angelo. The hope is to grow this series of CME Seminars into a program at the UWI which will be a critical part of proving the efficacy of cannabinoid treatments.

CONTACT: For further information and/or to schedule interviews, please contact: Tiffany Grey, DRT Communications Ltd., Email: tiffany@drtcommunications.com, Tel: 631-8663

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New Scientific Study Finds Coral Reefs Under Attack From Chemical In Sunscreen As Global Bleaching Event Hits

SANTO DOMINGO, Dominican Republic, Oct. 20, 2015 /PRNewswire-HISPANIC PR WIRE/ — A new study published today in a toxicology journal has found that a chemical widely used in personal care products such as sunscreen, poses an ecological threat to corals and coral reefs and threatens their existence.

Oxybenzone is found in over 3,500 sunscreen products worldwide, and pollutes coral reefs from swimmers wearing sunscreens and through wastewater discharges from municipal sewage outfalls and from coastal septic systems.

The study comes less than two weeks after NOAA declared the third ever global coral bleaching event and warned that locally produced threats to coral, such as pollution, stress the health of corals and decrease the likelihood that they will resist bleaching, or recover from it.

It demonstrates that exposure of coral planulae (baby coral) to oxybenzone, produces gross morphological deformities, damages their DNA, and, most alarmingly, acts as an endocrine disruptor. The latter causes the coral to encase itself in its own skeleton leading to death.

These effects were observed as low as 62 parts per trillion, the equivalent to a drop of water in six and a half Olympic-sized swimming pools.

Measurements of oxybenzone in seawater within coral reefs in Hawaii and the U.S. Virgin Islands, for example, found concentrations ranging from 800 parts per trillion to 1.4 parts per million.  This is over 12 times higher than the concentrations necessary to impact on coral.

A team of marine scientists from Virginia, Florida, Israel, the National Aquarium (US) and the US National Oceanic & Atmospheric Administration, undertook the study.  Lead author Dr. Craig Downs of Haereticus Environmental Laboratory Virginia, said, “The use of oxybenzone-containing products needs to be seriously deliberated in islands and areas where coral reef conservation is a critical issue.  We have lost at least 80% of the coral reefs in the Caribbean. Any small effort to reduce oxybenzone pollution could mean that a coral reef survives a long, hot summer, or that a degraded area recovers. Everyone wants to build coral nurseries for reef restoration, but this will achieve little if the factors that originally killed off the reef remain or intensify in the environment.”

Between 6,000 and 14,000 tons of sunscreen lotion are emitted into coral reef areas each year, much of which contains between one and 10% oxybenzone.

Further information about the study can be found at haereticus-lab.org and marinesafe.org.

CONTACT:  Patricia Roy; patricia@communicationinc.co.uk ;  +34.696.905.907

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International Day of the Girl

TORONTO, Oct. 16, 2015 /PRNewswire-HISPANIC PR WIRE/ – With the October 11 observance of the International Day of the Girl Child, Canadian researcher Caril Phang emphasizes education as vital to the empowerment of girls, and women. “Organizations such as UNESCO insist that cultural co-operation is essential to pedagogy, and it is this perspective which informs my work.” An advisor on parity, and cultural inclusion in industry, Phang insists that greater representation of women in the production of popular works is vital to enhancing the self-image of our girls. “One of my favourite directors, Tania Hoser, insists that the arts can empower women, being a creative format with informative function. The day our girls can see themselves truly, fully represented in popular culture − in all their complexities as human beings − is the day my work will be done.”

Photo: http://photos.prnewswire.com/prnh/20151016/277809

Caril Phang @WordsEdge has been published by the United Nations, and the United States Environmental Protection Agency (EPA). Phang manages multilateral projects, specializing in globalism, equity, and discourses, and is author, most lately, of Birth of a Beat: How Kaná:ta’ Creates World Music (spring 2016).

For further information: Caril Phang, 647-829-7086

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Miya signs a water efficiency project estimated at $42.5M in Jamaica

Project with National Water Commission of Jamaica is designed to maximize efficiency of Kingston’s water system. Daily savings of more than 70 million liters of fresh water are expected within 5 years, enough to supply water to additional 500,000 people

KINGSTON, Jamaica, July 9, 2015 /PRNewswire/ — Miya, a wholly owned subsidiary of Arison Investments, signed a $42.5M contract  with the National Water Commission (NWC) of Jamaica to maximize the efficiency of its water systems in the KSA (Kingston & Saint Andrew) Area, it was announced today.

Photo – http://photos.prnewswire.com/prnh/20150709/234593

The 5-year co-management project focuses on improving KSA’s water distribution system and substantially reducing non-revenue water (NRW), currently estimated at 54%. Within five years, most of the current NRW in the KSA-area systems will be saved, estimated in daily savings of more than 70 million liters of fresh water.

Miya is already active in the Caribbean, running a mega 10-year project in the Bahamas. Starting in 2012, Miya returned the water system to its continuous supply within two years, and cut NRW by more than half. This culminates in savings of 16 million liters every day, enabling water production to be reduced by almost 20%.

Meir Wietchner, Miya’s Chairman: “This partnership sets an example for the entire region on how important it is to manage our water resources efficiently. A holistic solution, such as this, leads to sustainable change that mutually benefits the utility and the citizens it supplies.”

The NWC supplies drinking water to about 600,000 residents in KSA. One of the main targets of this unique co-management project is to build professional NRW capacity within NWC, while increasing the system efficiency. The project is fully funded by the Inter-American Development Bank (IDB) and includes performance based fees, which will be paid only if contract targets are achieved.

David Arison, Miya’s Vice President of Global Business Relations: “We hope and believe that the Miya-NWC project will be the beginning of an extended partnership, and will serve as an exemplary project for all the Parishes in Jamaica. Getting to know NWC’s team, we are certain that together we will achieve the level of commitment and professionalism needed for a successful project. Executing this project is practicing sustainability in its purest form. The results of this project will benefit the environment, the financial position of NWC and most importantly the citizens of KSA.”

The project includes a comprehensive suite of water efficiency solutions, incorporating strategic and financial planning, based on efficiency audits of NRW. This will be followed by a water infrastructure improvement phase devised specifically for the area, including the monitoring of water pressure, locating leaks, repairing or replacing selective pipes, and ultimately (after 5 years) handing over responsibility to NWC staff, who will continue to maintain high levels of system efficiency for the long-run.

Amit Horman, Miya’s CEO: “Miya believes in the Caribbean market and continues to expand its operation in the territory. Our success in The Bahamas opens the eyes of other governments and water utilities in the region, with respect to the hidden value of water efficiency. We will keep striving for excellence in the planning and execution of such projects.”

In cooperation with the Jamaican government and NWC, Miya is planning to involve the local community in water conservation education programs, equipping people with tools such as a new Smartphone application that improves the connection between citizens and the water authority.

www.miya-water.com

CONTACT: Deborah Kohan, 212-593-5885, deborah.kohan@finnpartners.com

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MIT Professor & Known Haitian Creole Advocate Join Forces To Create First Ever Kreyol Alphabet Songs and Videos

Songs with Educational Video Available Now

TARPON SPRINGS, Fla., June 22, 2015 /PRNewswire/ – The first ever Kreyòl (Haitian Creole) alphabet songs as educational videos have been created and made available online, it was announced today. The groundbreaking project is the result of collaboration between Massachusetts Institute of Technology (MIT) Linguistics Professor Michel DeGraff and recognized Kreyòl advocate Mandaly Louis-Charles.

http://mma.prnewswire.com/media/224855/sweetcoconuts-blogspot-com-cd-photo-op.jpg?p=distribution&token=br5thZe6rQexpBMZrR84woUKbqbBwUWjsFORNl9JjZlc6dDe+AUx5VBD6xLCGagInVPy4KvgqKOrqq3bvD5oYhxD/rTS1oX1coAuqVI1s39JZeqO

The videos’ creation holds both historical and political significance to the country of Haiti. Historically the primary language of school instruction has been French, despite most Haitians speaking only Kreyòl at home and in the community. Nearly 30 years after the language was made official, the newly created alphabet songs are intended for Haitian children to easily and joyfully learn their native language’s official alphabet.

“Imagine a new Haiti where everyone at long last can read and write their native language,” said DeGraff.

DeGraff leads the MIT-Haiti Initiative, a project that was created in response to the destruction of Haitian universities by the 2010 earthquake. The Initiative is using digital technology and open educational resources online, all in Kreyòl, in order to improve science, technology, engineering, and math education, as well as leadership and management in Haiti. The professor is also a founding member of Haiti’s recently created Haitian Creole Academy (Akademi Kreyòl Ayisyen) and a member of Haiti’s National Commission for Curricular Reform.

“This is specifically a Haitian song that is well anchored in Haitian culture and will resonate well with Haitian children to enhance their reading skills,” he added.

Louis-Charles created the song’s melody, vocals and harmonies. Bémol Telfort provided the musical accompaniment, playing the congas. DeGraff and Louis-Charles teamed up to create the lyrics and worked with Telfort and animator Robert Capria to produce the videos.

The song’s original video (”Chante Alfabè Kreyòl 1″) inspired a follow-up video (”Chante Alfabè Kreyòl 2″) illustrating the basic principles of the Kreyòl alphabet. Both videos are available for preview via Louis-Charles’ YouTube channel. The complete video of Alfabè Kreyòl 2 is available on Louis-Charles’ Vimeo channel.

The instrumental soundtrack is available via iTunes, Amazon.com, Google Play, CDBaby.com, and Gracenote MusicID. The collaborators will make the song’s musical score available on http://www.sweetcoconuts.blogspot.com this summer.

“I hope both children and adults alike have lots of fun playing and singing along while they learn the Kreyòl spelling system,” said Louis-Charles.

http://mma.prnewswire.com/media/224854/sweetcoconuts-blogspot-com-tanbou-kreyol.jpg?p=distribution&token=br5thZe6rQexpBMZrR84woUKbqbBwUWjsFORNl9JjZlc6dDe+AUx5VBD6xLCGagInVPy4KvgqKOrqq3bvD5oYhxD/rTS1oX1coAuqVI1s39JZeqO

Photo – http://photos.prnewswire.com/prnh/20150622/224855

Photo – http://photos.prnewswire.com/prnh/20150622/224854

CONTACT:  Mandaly Louis-Charles, (727) 504-6986, limanecasimi@aol.com

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CSA Group, Trinidad and Tobago Bureau of Standards and Premier Quality Services Limited Sign Memorandum of Understanding

TORONTO, June 2, 2015 /PRNewswire/ – CSA Group, a leading global provider of standards development, testing and certification services, Trinidad and Tobago Bureau of Standards (TTBS), the standards development, conformity assessment, laboratory accreditation and metrology organization for Trinidad and Tobago, and Premier Quality Services Limited (PQSL), a fully owned subsidiary of TTBS that provides business solutions in quality, professional and skill development via training, consultancy and strategic partnership programs, announced a new alliance and have signed a memorandum of understanding (MOU).

“Our new alliance with TTBS and PQSL is part of our commitment to develop standards nationally and globally,” said Gianluca Arcari, Executive Director, Standards and Vice President, CSA Group. “Through our new alliance, we will be sharing expertise and knowledge to encourage stronger relationships with business and government in Trinidad and Tobago. Our new cooperation will help build awareness and understanding of the important work our respective organizations do to help make a safer world.”

CSA Group, TTBS and PQSL will cooperate and work together in the fields of standards, conformity assessment and training and consultancy to contribute meaningfully to trade and economic development. The new alliance will help build institutional linkages between Trinidad and Tobago and Canada.

Theodore Reddock, TTBS Executive Director (Ag) stated that “this alliance is an important step in building strategic partnerships to advance the development of a globally recognized quality infrastructure.” He further added that “the MOU with the CSA Group is of special significance to TTBS as it builds upon our previous excellent collaboration in the areas of standards, quality and trade support systems, as we keep abreast of international best practice.”

Through the proposed alliance, both organizations will engage in specialty training and mentorship programs for professional and technical staff in conformity assessment activities including inspection, testing and certification, accreditation and product evaluation. The organizations will also work together to fight counterfeiting and establish training programs to help identify counterfeit CSA marks to remove from the market potentially unsafe products that have not been tested and certified .

About CSA Group
CSA Group is an independent, not-for-profit membership association dedicated to safety, social good and sustainability. Its knowledge and expertise encompass standards development; training and advisory solutions; global testing and certification services across key business areas including hazardous location and industrial, transportation, plumbing and construction, medical, safety and technology, appliances and gas, alternative energy, lighting and sustainability; as well as consumer product evaluation services. The CSA certification mark appears on billions of products worldwide. For more information about CSA Group visit www.csagroup.org.

About Trinidad and Tobago Bureau of Standards
TTBS is responsible for the development of national standards in relation to goods, services, processes and practices in Trinidad and Tobago. The organization’s mandate includes conformity assessment activities including inspection, testing and certification of products, services and systems, laboratory accreditation, and metrology services. TTBS also serves as the Enquiry Point as well as the implementation and administration agency for the World Trade Organization’s Technical Barriers to Trade Agreement.

Premier Quality Services Limited
PQSL is a fully owned subsidiary of TTBS, which is committed to facilitating industrial development and supporting the quality infrastructure, by providing business solutions in quality related fields including inter alia management systems; business improvement initiatives and  programs; and professional & skill development via training, consultancy and strategic partnership programmes. For more information about TTBS visit www.gottbs.com.

For further information: CSA Group: Allison Hawkins, Manager, Corporate Affairs, 1-416-747-2615, Allison.hawkins@csagroup.org; TTBS: Rodney Ramnath, Head, Certification Division, 1-868-662-8827 Ext: 177, rodney.ramnath@ttbs.org.tt; PQSL: Huey Cuffie, Chief Executive Officer, 1-868-645-9026 – Ext 227, huey.cuffie@ttbs.org.tt

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Walden University Scholars of Change Demonstrate the Impact of Positive Social Change

$55,000 awarded to students and alumni whose inspiring videos document efforts to make a difference

MINNEAPOLIS, Dec. 30, 2014 /PRNewswire/ — Walden University Scholars of Change focus on the future, whether they are transforming the way children learn, mentoring, or improving living conditions for others. More than 175 Walden University students and alumni submitted inspiring videos of social change in their communities for the university’s 2014 Scholars of Change video contest. These scholars—along with hundreds of their fellow video contributors—are supporting Walden’s mission by putting their knowledge to use for the greater good.

To view the multimedia assets associated with this release, please click: http://www.multivu.com/players/English/7388451-walden-university-scholars-of-change/

Five scholars each received $7,500 plus a $2,500 donation to the charity of their choice. The 2014 Scholars of Change are:

  • Jazmin Chi-Aguillon, B.S. in Business Administration graduate from Altamira, Tamaulipas, Mexico. She founded LevGrow, an organization that improves education for children by transforming how they learn culture and values through stories, games, interactive toys and animated videos. Her charity donation will go to Shanxi University in China.
  • Heather Hefner, Ph.D. in Psychology graduate from Cortland, Ohio. A clinical psychologist, she partners with Refuge, an after-school program run primarily by volunteers who donate their time for the sole purpose of mentoring, to provide mental health support for children in her community. Her charity donation will go to Refuge.
  • Benjamin Isaac, Doctor of Education student from Augusta, Georgia. Inspired by his daughter, who has cerebral palsy, he is creating an animated show featuring children with special needs with the goal to positively impact and influence children with special needs. His charity donation will go to the T.W. Josey Comprehensive High School.
  • Dorsey Kendrick, Ph.D. in Education graduate from New Haven, Connecticut. As president of Gateway Community College, she works to impact its more than 8,000 students and connect the college to the surrounding community. Her charity donation will go to the Gateway Community College Foundation.
  • Carol Zoffinger, Ph.D. in Human Services student from Lakeland, Florida. As founder of the nonprofit organization Zoe’s Journey, she provides a safe place to help women and their children rebuild their lives after addiction, incarceration or homelessness, changing generations to come. Her charity donation will go to Zoe’s Journey.

Other inspiring stories of social change from Walden students and alumni include 10 additional scholars, who each received $500.

  • Joy Bliss, Ph.D. in Management graduate from Honolulu. She took nursing students to impoverished Micronesia to provide needed healthcare.
  • Yvette Castell, Doctor of Business Administration student from Kingston, Jamaica. She volunteers in her Jamaican community as a teacher and mentor.
  • Lynn Cockburn, Ph.D. in Public Health and Master of Public Health graduate from Toronto. She is improving services for people with disabilities in Africa.
  • Karanja Crews, Doctor of Education student from Portland, Oregon. He turns his passion for hip-hop music into an innovative literacy program.
  • Bobby Gueh, Ed.S. in College Teaching and Learning student from Buford, Georgia. He led a summer enrichment program for children in Liberia.
  • Lal Gunasinghe, Doctor of Business Administration graduate from Singapore. He is improving the English curriculum at a remote Sri Lankan school.
  • Kelly Kelley, M.S. in Education graduate from Fort Collins, Colorado. She opened a coffee shop with a mission of providing jobs for the homeless.
  • Natasha LaBeaud, Ph.D. in Public Health student from San Diego. She couples her love for running with a passion to prevent childhood obesity.
  • Candice McDonald, Ph.D. in Human Services student from Salem, Ohio. A volunteer EMT and firefighter, she creates positive social change in the fire service.
  • Martina St-Germain Auguste, B.S. in Public Health student from Lacombe, Alberta, Canada. She provides clean water and improves living conditions in Haiti.

All 15 Scholars of Change videos are available for viewing online at www.WaldenU.edu/scholarsvideos.

The Scholars of Change program began in 2009 when Walden invited students and alumni to submit short videos showing how they were applying their Walden education and experience to create positive social change in their communities and around the globe.

About Walden University
For more than 40 years, Walden University has supported working professionals in achieving their academic goals and making a greater impact in their professions and their communities. Today, more than 47,800 students from all 50 states and more than 150 countries are pursuing their bachelor’s, master’s or doctoral degrees online at Walden. The university provides students with an engaging educational experience that connects them with expert faculty and peers around the world. Walden is the flagship online university in the Laureate International Universities network—a global network of more than 80 campus-based and online universities in 29 countries.

Walden offers more than 80 degree programs with more than 370 specializations and concentrations. Areas of study include health sciences, counseling, human services, management, psychology, social work, education, public health, nursing, public administration and information technology. For more information, visit www.WaldenU.edu. Walden University is accredited by The Higher Learning Commission and a member of the North Central Association, www.ncahlc.org.

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To view the multimedia assets associated with this release, please click: http://www.multivu.com/players/English/7388451-walden-university-scholars-of-change/

CONTACT: Jen Raider, 1-443-627-7452, jen.raider@waldenu.edu

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Charles S. Coffey, O.C. to receive inaugural G. Raymond Chang Award at the sixth annual University of the West Indies Toronto Benefit Gala March 28, 2015

TORONTO, Dec. 4, 2014 /PRNewswire/ – The University of the West Indies today announced that Mr. Charles S. Coffey, O.C., will be honoured as the inaugural recipient of the G. Raymond Chang Award at the sixth annual The University of the West Indies Toronto Benefit Gala on Saturday, March 28, 2015, at the Ritz-Carlton, Toronto.

The G. Raymond Chang Award has been established to honour outstanding individuals who exemplify the leadership and ideals of G. Raymond Chang, O.C., O.J. (1948-2014). Mr. Chang was a recognized outstanding business leader and philanthropist who embodied great humility and commitment to his fellow persons. Chang, who passed away in July 2014, was the Gala’s patron for the past five years.

The UWI Toronto Gala is proud to also award and celebrate other outstanding community leaders for 2015:

Justice Juanita Westmoreland-Traoré, O.Q. is the recipient of the Luminary Award, which is given to people of Caribbean Heritage who are outstanding achievers on an international scale in their respective fields or people who have brought to prominence issues which affect the Caribbean.

She is the first Black judge appointed in the history of Québec. She also holds the distinction of being the first Black dean of a Canadian law school (University of Windsor). A trailblazer in social justice and the first black woman to teach law, at the University of Montreal and at the University of Quebec at Montreal.

The Chancellor’s Award is given to Canadian organizations which have contributed significantly to The University of the West Indies and/or the Caribbean or outstanding organizations owned by people of Caribbean Heritage.

The 2015 honourees are Scotiabank Toronto Caribbean Carnival and George Brown College.

The Scotiabank Toronto Carnival is an expression of Toronto’s multicultural and multiracial society. In its 46th year it has become a major international event and the largest cultural festival of its kind in North America. An increasing number of attendees and participants come from the U.S., and overseas. Scotiabank Toronto Caribbean Carnival is an exciting three-week cultural explosion of Caribbean music, cuisine, revelry as well as visual and performing arts.

Since its founding in 1967, George Brown College has evolved to support the labour needs of a variety of key economic sectors. With three main campuses and several other downtown locations, its alumni serve every major industry in Canada. From the Jamaica Project to the Nine Miles of Smiles initiative, George Brown College has played an influential role in education and health care across parts of the Caribbean.

The Vice Chancellor’s Award is given to people of Caribbean Heritage who have gone on to make significant contributions within their organizations and communities. The 2015 honourees are:

  • Mr. Cameron Bailey, Artistic Director of the world renowned Toronto International Film Festival (TIFF). He is also a Film Programmer, Film Critic, and modern day cultural philosopher. As he travels the world searching for the films that emote, transform and create discourse, he remains a respected leader in his community, lover of all cultures.
  • Dr. Catherine Chandler-Crichlow, a University of the West Indies alumnus and Executive Director of the Centre of Excellence in Financial Services Education (COE). Dr. Chandler-Crichlow has over three decades of talent development experience specializing in the areas of executive and leadership development, curriculum development and implementation, technology-mediated distance learning and program evaluation.

The University of the West Indies Toronto Benefit Gala benefits the University’s Scholarship Fund, that, to date, has awarded almost 200 scholarships. The Patron of the sixth annual Gala will be The Chang Family, with Dr. Sheldon Levy, President and Vice Chancellor, Ryerson University and Dr. Herbert Ho Ping Kong, Co-founder, Centre for Excellence for Education and Practice as acting Co-chairs.

For tickets please order using the online form at www.uwitorontogala.com, or by calling 416-214-7848 or by emailing toni@uwitorontogala.com.

The University of the West Indies was established in 1948 as a College of the University of London. It achieved full university status in 1962. Today it is the only pan-Caribbean tertiary level institution offering a wide array of diverse and accredited programmes to 45,000 students throughout the region, with campuses in Barbados, Trinidad and Tobago, Jamaica, Anguilla, Antigua, The Bahamas, Belize, Bermuda, British Virgin Islands, Cayman Islands, Dominica, Grenada, Montserrat, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Turks and Caicos.

For Media Information: Ciarlo Communications, Tel: 416-763-3783, Cell: 416-458-5090, Email: vciarlo@ciarlo.ca

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Walden University Survey Reveals Younger Adults Are Believed To Be More Passionate About Positive Social Change

Insights also indicate that older adults are seen as being able to make more of a difference than younger adults

MINNEAPOLIS, Nov. 19, 2014 /PRNewswire/ – A young person’s passion can be powerful when it comes to positive social change, but knowledge and experience from older adults are necessary to transform it into action. According to Walden University’s 2014 Social Change Impact Report, a majority of adults (66%, on average) believe that younger adults are more passionate about positive social change than older adults, and 61%, on average, agree that young adults today are more involved in positive social change than they were 20 years ago.

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However, 57%, on average, agree that when it comes to positive social change, older adults can make more of a difference than younger adults. Paradoxically, adults in the countries surveyed with the youngest populations most likely agree: Brazil (62%), China (73%), India (71%), Jordan (52%) and Mexico (67%).

Commissioned by Walden and conducted online by Harris Poll June 1–17, 2014, the fourth annual survey about the state of social change around the world includes the perspectives of more than 9,000 adults in Brazil, Canada, China, Germany, India, Jordan, Mexico and the United States. This year’s report builds on the findings from the 2011–2013 reports and was designed to examine people’s perceptions of the impact of their engagement in positive social change.

Although six in 10 adults believe that older adults can have a greater impact on social change than younger adults, nearly as many believe that older adults are more resistant to innovation. Half of adults (53%, on average) agree that older adults are not willing to try new ideas to make a difference in positive social change. Nevertheless, nearly nine in 10 adults (86%, on average) agree that in order for positive social change to happen, it is necessary for older adults to share their knowledge and experience about social change with younger adults.

“Regardless of age, everyone can play an important role in the future of positive social change. At Walden University, we believe knowledge is most valuable when put to use for the greater good, and we prepare the next generations of change agents with the skills and knowledge needed to make a difference in their communities and around the world,” said Dr. Cynthia Baum, president of Walden University. “Social change is important and continuous, especially if everyone does their part to create an enduring impact.”

In Brazil, China, Germany and the U.S., young millennials (18- to 24-year-olds) are more likely than older adults (over 40 years old) to agree that younger adults are more passionate about positive social change than older adults.

  • Brazil (18–24): 77% vs. (over 40): 61%
  • China (18–24): 73% vs. (over 40): 60%
  • Germany (18–24): 58% vs. (over 40): 42%
  • U.S. (18–24): 63% vs. (over 40): 48%

In Brazil, China, Germany and the U.S., millennials are more likely than older adults (over 40 years old) to agree that older adults are not willing to try new ideas to make a difference in positive social change.

  • Brazil (18–24): 56% vs. (over 40): 40%
  • China (18–24): 70% vs. (over 40): 58%
  • Germany (18–24): 54% vs. (over 40): 38%
  • U.S. (18–24): 53% vs. (over 40): 44%

In addition to shedding light on the roles of both younger and older generations in effecting positive social change, the 2014 Social Change Impact Report also gives insight into people’s perceptions of the impact of their engagement. For more detailed findings, visit www.WaldenU.edu/impactreport.

Since its founding in 1970, Walden has believed that knowledge is most valuable when put to use for the greater good and that educational institutions have an important role to play in supporting positive social change. As a result of these guiding principles, Walden has attracted a community of students and scholars who are actively engaged in all facets of positive social change—whether it’s through their profession, research aimed at making a difference in their fields or ongoing volunteerism. This report is one of the many ways that Walden is leading the conversation and contributing to positive social change worldwide. Visit www.WaldenU.edu/socialchange to learn more.

About the Study
Walden University first commissioned this annual survey in 2011 to discover the current state of social change around the world. Designed to provide a barometer of who is engaged in social change, what is important to them and how they work together to advance social change issues of interest now and in the future, Walden’s Social Change Impact Report includes attitudes, behaviors and motivations from members of the international community.

The 2014 Social Change Impact Report survey was conducted online by Harris Poll on behalf of Walden University between June 1 and 17, 2014, among a total of 9,138 adults within Brazil (1,009 adults ages 18–64), Canada (1,003 adults ages 18–64), China (1,021 adults ages 18–64), Germany (1,000 adults ages 18–64), India (1,021 adults ages 18–64), Jordan (1,027 adults ages 18 and older), Mexico (1,020 adults ages 18–64), and the U.S. (2,037 adults ages 18 and older). Data for each country were weighted to the general or online population within each country. The “Average Result” is the arithmetic average across the countries. This measure does not account for differences in population size and thus is not representative. This online survey is not based on a probability sample, and therefore no estimate of theoretical sampling error can be calculated. A complete survey methodology is available upon request by contacting Jen Raider at 1-443-627-7452 or jen.raider@waldenu.edu.

About Walden University
For more than 40 years, Walden University has supported working professionals in achieving their academic goals and making a greater impact in their professions and their communities. Today, more than 50,000 students from all 50 states and more than 150 countries are pursuing their bachelor’s, master’s or doctoral degrees online at Walden. The university provides students with an engaging educational experience that connects them with expert faculty and peers around the world. Walden is the flagship online university in the Laureate International Universities network—a global network of more than 80 campus-based and online universities in 29 countries.

Walden offers more than 80 degree programs with more than 370 specializations and concentrations. Areas of study include health sciences, counseling, human services, management, psychology, social work, education, public health, nursing, public administration and information technology. For more information, visit www.WaldenU.edu. Walden University is accredited by The Higher Learning Commission and a member of the North Central Association, www.ncahlc.org.

Logo - http://photos.prnewswire.com/prnh/20110920/MM71012-b

CONTACT: Jen Raider, 1-443-627-7452, jen.raider@waldenu.edu

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If You Have Been Injured by Asbestos, Please Read this Notice of Voting Rights

WILMINGTON, Del., Oct. 27, 2014 /PRNewswire/ – The following statement is being issued regarding the In re Specialty Products Holding Corp. matter (Case No. 10-11780 (PJW) (Bankr. D. Del. 2010).

A Joint Plan of Reorganization (”Plan”) has been filed to reorganize Specialty Products Holding Corp. (formerly known as RPM, Inc.), Bondex International, Inc., Republic Powdered Metals, Inc., and NMBFiL, Inc. (formerly known as Bondo Corporation) (collectively, “Debtors”) in the United States Bankruptcy Court for the District of Delaware (”Bankruptcy Court”).

Persons or entities with asbestos related personal injury claims against any of the Debtors may vote to accept or reject the Plan by December 2, 2014.

A detailed document describing the Plan, called the Disclosure Statement, was approved by the Bankruptcy Court on October 20, 2014.  The Disclosure Statement, a copy of the Plan itself and voting materials have been sent to known holders of asbestos related personal injury claims against the Debtors or to their lawyers.

Important Plan Provisions Regarding Asbestos Related Claims

The Plan proposes establishing a trust to resolve all asbestos personal injury claims against the Debtors.  Persons and entities with asbestos personal injury or related claims will be forever barred from asserting their claims against the Debtors or other parties specified in the Plan. If the Plan is approved by the Court, all current and future holders of asbestos personal injury claims against the Debtors can request and receive money only from the trust.  You should read the Plan and Disclosure Statement carefully for details about how the Plan, if approved, will affect your rights.

Voting Procedures

The Bankruptcy Court has issued an order describing how to vote on the Plan and the Disclosure Statement contains information that will help you decide how to vote.  Your legal rights will be affected if the Plan is approved.  For a vote to be counted, a ballot must be received at the address indicated on the ballot form by 5:00 p.m., Eastern time, on December 2, 2014.

Under the procedures approved by the Bankruptcy Court, lawyers for holders of asbestos claims may vote on the Plan on behalf of their clients, if authorized by the client.  If you are unsure whether your lawyer is authorized to vote on your behalf, please contact your lawyer.

How to Obtain Documents

Copies of the Disclosure Statement, which includes the Plan, the voting materials, and the notice of the hearing to consider confirmation of the Plan may be obtained by visiting the following websites:  www.deb.uscourts.gov and www.loganandco.com.  You may also obtain copies of these documents by sending a request, in writing, to Logan & Company, Inc., 546 Valley Road, Upper Montclair, NJ 07043 (Attn: SPHC Voting Department) or by calling 1-866-692-2119.

Confirmation Hearing

A hearing to consider confirmation of the Plan has been scheduled for December 10, 2014 at 3:30 pm ET in Courtroom 4B at the United States District Court for the District of Delaware, J. Caleb Boggs Federal Building, located at 844 North King Street, 4th Floor, Wilmington, Delaware 19801. You may attend the Hearing but are not required to do so.

Objecting to the Plan

If you want to object to the Plan, you must file and serve a written objection on or before 5:00 p.m. ET, on December 2, 2014. All objections must comply with the requirements in the notice of the Confirmation Hearing.

For more information and to obtain a copy of the Plan, Disclosure Statement and Voting Materials,

Visit:  www.deb.uscourts.gov OR www.loganandco.com.

Write: Logan & Company, Inc., 546 Valley Road,

Upper Montclair, NJ 07043

(Attn: SPHC Voting Department)

Call:  1-866-692-2119

CONTACT: Dan Prieto, Jones Day, 1.214.969.4515

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New Mangrove Restoration Project for Jamaica

LANDOVER, Md., Oct. 10, 2014 /PRNewswire-USNewswire/ – This week the Khaled bin Sultan Living Oceans Foundation launches a year-long project to restore mangroves in Jamaica called the Jamaica Awareness of Mangroves In Nature (J.A.M.I.N.) project.

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The venture, joined with the University of the West Indies-Discovery Bay Marine Laboratory and the Caribbean Student Environmental Alliance, will work with teachers and students from the William Knibb High and Holland High Schools in Falmouth, Jamaica. The project will begin this week with a training session for teachers. This will provide them with information and materials to teach their students about the importance of mangroves for Jamaican marine ecosystems.

Mangrove forests are made of several species of trees and shrubs that grow in the intertidal zone. They provide important habitat for young fish and sea creatures, and help protect the coastline from storms.

Following the educational training sessions teachers and students will go on a mangrove walk to identify the different species of mangroves, observe the negative human impacts to the mangrove forest, and collect young mangrove seedlings called ‘propagules’ for future rehabilitation of a mangrove forest in West Falmouth. The students will plant the propagules in containers and track their growth over the coming school year while learning about mangrove survivability.

The Khaled bin Sultan Living Oceans Foundation and Discovery Bay Marine Laboratory will continue running training sessions throughout the school year, and after several months will help students plant their young mangrove trees along the shoreline. The young trees will be planted in restoration sites monitored by the University of the West Indies.

About the Khaled bin Sultan Living Oceans Foundation

The Khaled bin Sultan Living Oceans Foundation (LOF), founded by Khaled bin Sultan, is conducting the world’s largest coral reef survey and high resolution mapping expedition, as part of its 5 year Global Reef Expedition. The Expedition is helping LOF realize its mission to provide science-based solutions to protect and restore ocean health. As part of its commitment to Science Without Borders®, Living Oceans provides its data and information to leading ocean-focused organizations, governments, scientists, and local communities so that they can use knowledge to work toward sustainable ocean protection. For more information visit www.livingoceansfoundation.org

Photo – http://photos.prnewswire.com/prnh/20141010/151469

CONTACT: Alison Barrat, Director of Communications, Khaled bin Sultan Living Oceans Foundation, Barrat@lof.org, 301 577 1288 x 204

The venture, joined with the University of the West Indies-Discovery Bay Marine Laboratory and the Caribbean Student Environmental Alliance, will work with teachers and students from the William Knibb High and Holland High Schools in Falmouth, Jamaica. The project will begin this week with a training session for teachers. This will provide them with information and materials to teach their students about the importance of mangroves for Jamaican marine ecosystems.
Mangrove forests are made of several species of trees and shrubs that grow in the intertidal zone. They provide important habitat for young fish and sea creatures, and help protect the coastline from storms.
Following the educational training sessions teachers and students will go on a mangrove walk to identify the different species of mangroves, observe the negative human impacts to the mangrove forest, and collect young mangrove seedlings called ‘propagules’ for future rehabilitation of a mangrove forest in West Falmouth. The students will plant the propagules in containers and track their growth over the coming school year while learning about mangrove survivability.
The Khaled bin Sultan Living Oceans Foundation and Discovery Bay Marine Laboratory will continue running training sessions throughout the school year, and after several months will help students plant their young mangrove trees along the shoreline. The young trees will be planted in restoration sites monitored by the University of the West Indies.
About the Khaled bin Sultan Living Oceans Foundation
The Khaled bin Sultan Living Oceans Foundation (LOF), founded by Khaled bin Sultan, is conducting the world’s largest coral reef survey and high resolution mapping expedition, as part of its 5 year Global Reef Expedition. The Expedition is helping LOF realize its mission to provide science-based solutions to protect and restore ocean health. As part of its commitment to Science Without Borders®, Living Oceans provides its data and information to leading ocean-focused organizations, governments, scientists, and local communities so that they can use knowledge to work toward sustainable ocean protection. For more information visit www.livingoceansfoundation.org
Photo – http://photos.prnewswire.com/prnh/20141010/151469
CONTACT: Alison Barrat, Director of Communications, Khaled bin Sultan Living Oceans Foundation, Barrat@lof.org, 301 577 1288 x 204
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Walden University Offers New M.S. in Health Education and Promotion Program

Online master’s degree designed to meet the growing worldwide demand for health educators

MINNEAPOLIS, May 19, 2014 /PRNewswire/ – According to the World Health Organization (WHO), health education and promotion is crucial to improving outcomes in the prevention and control of disease and meeting the organization’s health-related Millennium Development Goals to help build a better world. Walden University’s new M.S. in Health Education and Promotion program, one of the few online master’s programs of its kind, can prepare students around the world with the skills and knowledge to advance their career and meet the growing worldwide demand for qualified health education specialists.

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“Global healthcare is moving from a reactive sick model of care to a more proactive preventive model, and qualified health education specialists are needed to help guide the effort through educating individuals and communities about health, wellness and illness prevention,” said Dr. Michelle Burcin,  director of the new program. “Walden’s M.S. in Health Education and Promotion helps prepare students to become qualified health education specialists, dedicated to helping others adopt healthy lifestyles, prevent injuries and disease, and improve their quality of life.”

Walden has designed this program to reflect the Seven Areas of Responsibility for Health Education Specialists outlined by the National Commission for Health Education Credentialing (NCHEC) and to prepare students to sit for the USA’s Certified Health Education Specialist (CHES) and Master Certified Health Education Specialist (MCHES) exams.

The M.S. in Health Education and Promotion is similar to Walden’s Master of Public Health (MPH) program, but with an emphasis on communication and education, students explore emerging issues, core public health principles and best practices that they can apply globally to help encourage healthy behaviors, communities, and environments. Students can also choose a general program or specializations in Emergency Preparedness, Health Policy and Advocacy, and Self-Designed. These programs, along with the B.S. in Public Health, Doctor of Public Health (DrPH) and Ph.D. in Public Health, form one of the largest online suites of public health programs available today.

To help health services students and all other students achieve their goal of advancing their education, Walden is offering millions of dollars in grants, scholarships and tuition assistance when they start their program in 2014. To learn more about our online health degrees and  tuition assistance, call an enrollment advisor at 1-855-203-7874 or visit www.waldenu.edu.

About Walden University
For more than 40 years, Walden University has supported working professionals in achieving their academic goals and making a greater impact in their professions and their communities. Today, more than 50,000 students from all 50 states and more than 150 countries are pursuing their bachelor’s, master’s or doctoral degrees online at Walden. The university provides students with an engaging educational experience that connects them with expert faculty and peers around the world. Walden is the flagship online university in the Laureate International Universities network—a global network of more than 75 campus-based and online universities in 30 countries.

Walden offers more than 80 degree programs with more than 370 specializations and concentrations. Areas of study include health sciences, counseling, human services, management, psychology, social work, education, public health, nursing, public administration and information technology. For more information, visit www.waldenu.edu. Walden University is accredited by The Higher Learning Commission and a member of the North Central Association, www.ncahlc.org.

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CONTACT: Jerry Sweitzer, 1-410-843-6576, jerry.sweitzer@waldenu.edu

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ADL Poll Of Over 100 Countries Finds More Than One-Quarter Of Those Surveyed Infected With Anti-Semitic Attitudes

Only 54 Percent Of Respondents Have Heard Of The Holocaust

NEW YORK, May 13, 2014 /PRNewswire-USNewswire/ — The Anti-Defamation League (ADL) today released the results of an unprecedented worldwide survey of anti-Semitic attitudes. The ADL Global 100: An Index of Anti-Semitism surveyed 53,100 adults in 102 countries in an effort to establish, for the first time, a comprehensive data-based research survey of the level and intensity of anti-Jewish sentiment across the world.

The survey found that anti-Semitic attitudes are pervasive around the world. More than one-in-four adults, 26 percent of those surveyed, are deeply infected with anti-Semitic attitudes. This figure represents an estimated 1.09 billion people.  The poll found that only 54 percent of those polled globally have ever heard of the Holocaust. Two out of three people surveyed have either never heard of the Holocaust, or do not believe historical accounts to be accurate.

The overall ADL Global 100 Index score represents the percentage of respondents who answered “probably true” to six or more of 11 negative stereotypes about Jews. An 11-question index has been used by ADL as a key metric in measuring anti-Semitic attitudes in the U.S. for the last 50 years.

In Spanish speaking countries, the numbers varied widely.  In Spain, 29 percent of the adult population holds anti-Semitic attitudes; Argentina, 24 percent; Bolivia, 30 percent; Chile, 37 percent; Colombia, 41 percent; Costa Rica, 32 percent; Dominican Republic, 41 percent; Guatemala, 36 percent; Mexico, 24 percent; Nicaragua, 34 percent; Panama, 52 percent; Paraguay, 35 percent; Peru, 38 percent; Uruguay, 33 percent; and Venezuela, 30 percent.

“For the first time we have a real sense of how pervasive and persistent anti-Semitism is today around the world,” said Abraham H. Foxman, ADL National Director.  ”The data enables us to look beyond anti-Semitic incidents and rhetoric and quantify the prevalence of anti-Semitic attitudes across the globe. We can now identify hotspots, as well as countries and regions of the world where hatred of Jews is essentially non-existent.”

Available through an interactive web site at http://global100.adl.org, the ADL Global 100 Index will give researchers, students, governments and members of the public direct access to a treasure trove of current data about anti-Semitic attitudes. The survey ranks countries and territories from the least anti-Semitic (Laos, at 0.2 percent) to the most (West Bank and Gaza, at 93 percent).

There are also some highly encouraging notes. In majority English-speaking countries, the percentage of those with anti-Semitic attitudes is 13 percent, far lower than the overall average. Protestant majority countries have the lowest ratings of anti-Semitic attitudes, as compared to any other majority religious country. And 28 percent of respondents around the world do not believe that any of the 11 anti-Semitic stereotypes tested are “probably true.”

ADL commissioned the polling firms First International Resources and Anzalone Liszt Grove Research to conduct the poll of attitudes toward Jews. Data was gathered from interviews conducted between July 2013 and February 2014 in 96 languages and dialects via landline telephones, mobile phones and face-to-face discussions.

Respondents were asked a series of 11 questions based on age-old stereotypes about Jews, including stereotypes about Jewish power, loyalty, money and behavior. Those who responded affirmatively to six or more negative statements about Jews are considered to hold anti-Semitic attitudes. The margin of error for most countries, where 500 respondents were selected, is +/- 4.4 percent. In various larger countries, where 1,000 interviews were conducted, the margin of error is +/- 3.2 percent.

ADL Global Index: Anti-Semitism by Region
The highest concentration of respondents holding anti-Semitic attitudes was found in Middle East and North African countries (”MENA”), where nearly three-quarters of respondents, 74 percent of those polled, agreed with a majority of the anti-Semitic stereotypes.  Non-MENA countries have an average index score of 23 percent.

Outside MENA, the index scores by region were as follows:

  • Eastern Europe: 34 percent
  • Western Europe: 24 percent
  • Sub-Saharan Africa: 23 percent
  • Asia: 22 percent
  • The Americas: 19 percent
  • Oceania: 14 percent

More information on the ADL Global 100, including country-by-country comparisons, is available online at http://global100.adl.org

The Anti-Defamation League, founded in 1913, is the world’s leading organization fighting anti-Semitism through programs and services that counteract hatred, prejudice and bigotry.

CONTACT: Todd Gutnick (212) 885-7755, adlmedia@adl.org

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Walden University Offers Millions of Dollars in Scholarships, Grants and Tuition Assistance

Savings opportunities help put a degree within reach for students across all online programs

MINNEAPOLIS, April 30, 2014 /PRNewswire/ — As part of its continuing commitment to make higher education accessible and affordable, Walden University is offering millions of dollars in tuition assistance in 2014 for online bachelor’s, master’s and doctoral degrees across all programs through scholarships, grants and other tuition savings.

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“Our tuition savings opportunities, grants and scholarships are an investment in the future of our students and the communities they serve as advocates for positive social change. It is our hope that tuition assistance initiatives such as these can help put a degree within reach for students of all programs,” said Dr. Cynthia Baum, president of Walden.

This includes more than $1 million in a variety of merit-based scholarships to help students reach their educational goals. These scholarships are based on a student’s particular area of study and specific goals, and are available for education programs, health sciences and nursing programs, social work programs and management programs. In addition, scholarships are available for new online master’s and doctoral students who reflect Walden’s mission and demonstrate the capacity to effect positive social change.

“I am so grateful that Walden granted me a scholarship to pursue my Ed.D. with a specialization in Teacher Leadership. It has afforded me the opportunity to take what I’ve learned in 23 years of classroom teaching and expand the positive impact I can have on others in the world of education,” said Derek Olson, a recipient of a scholarship from The Richard W. Riley College of Education and Leadership.

For additional information and eligibility requirements, contact an enrollment advisor at 1-855-203-7874 in the United States or see a list of international toll-free phone numbers. To learn more about Walden’s tuition savings opportunities, visit www.waldenu.edu/savings.

About Walden University
For more than 40 years, Walden University has supported working professionals in achieving their academic goals and making a greater impact in their professions and their communities. Today, more than 50,000 students from all 50 states and more than 150 countries are pursuing their bachelor’s, master’s or doctoral degrees online at Walden. The university provides students with an engaging educational experience that connects them with expert faculty and peers around the world. Walden is the flagship online university in the Laureate International Universities network—a global network of more than 75 campus-based and online universities in 30 countries.

Walden offers more than 80 degree programs with more than 370 specializations and concentrations. Areas of study include health sciences, counseling, human services, management, psychology, social work, education, public health, nursing, public administration and information technology. For more information, visit www.waldenu.edu. Walden University is accredited by The Higher Learning Commission and a member of the North Central Association, www.ncahlc.org.

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CONTACT:  Jerry Sweitzer, 1-410-843-6576, jerry.sweitzer@waldenu.edu

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Walden University Adds New Research-Focused Ph.D. in Nursing

New program joins Doctor of Nursing Practice (DNP) to prepare new leaders for the nursing profession

MINNEAPOLIS, April 23, 2014 /PRNewswire/ – Continuous advancements in nursing science research, education and practice are increasing the demand for nurses with doctoral degrees. To help prepare new leaders in these expanding fields, Walden University is now offering an online Ph.D. in Nursing program for nursing professionals who want to directly impact nursing practice today or conduct cutting-edge research that improves patient care tomorrow.

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“In today’s complex healthcare environment, increasing importance is being placed on doctoral-level education to advance the science of nursing and the quality of patient care,” said Dr. Andrea Lindell, associate dean of the School of Nursing. “Through Walden’s Ph.D. in Nursing program, students can gain the credentials and interdisciplinary knowledge required to conduct research at the highest levels in their field, educate future nurses or shape healthcare policies, systems and processes.”

Students in the program will conduct original research that addresses increasingly complex healthcare issues, contribute to scientific nursing knowledge and help advance the nursing profession. Through multidisciplinary projects with other doctoral students from various health disciplines, students will develop the skills to lead or collaborate with diverse, cross-functional healthcare teams to promote positive change. Students can also develop advanced expertise in a focus area of their choice, such as Education, Healthcare Administration, Interdisciplinary Health, Leadership or Public Health Policy.

Walden’s new research-focused doctoral program joins the CCNE-accredited, practice-focused Doctor of Nursing Practice (DNP) program, which is designed to meet the country’s critical demand for doctoral-level nurses who can lead and mentor the next generation of nurses. The DNP program prepares nursing professionals to assume greater practice and leadership roles in healthcare organizations, promote a more effective and efficient healthcare system and evaluate and apply research that contributes to better patient outcomes.

Through Walden’s offering of both doctoral programs, students can now choose how they wish to play a key role in leading advancements in hospitals, educational institutions, public policy organizations, pharmaceutical companies and other health-related settings.

Walden’s portfolio of CCNE-accredited degree programs also includes the Master of Science in Nursing (MSN) program with specializations in Adult-Gerontology Nurse Practitioner, Adult-Gerontology Acute Care Nurse Practitioner, Family Nurse Practitioner, Leadership and Management, Nursing Education and Nursing Informatics and the Bachelor of Science in Nursing (BSN) Completion Program.

To help nursing and all other students achieve their goal of advancing their education, Walden is offering millions of dollars in grants, scholarships and tuition assistance when they start their program in 2014. To learn more about our nursing programs and tuition assistance, call an enrollment advisor at 1-855-203-7874 or visit www.waldenu.edu.

About Walden University
For more than 40 years, Walden University has supported working professionals in achieving their academic goals and making a greater impact in their professions and their communities. Today, more than 50,000 students from all 50 states and more than 150 countries are pursuing their bachelor’s, master’s or doctoral degrees online at Walden. The university provides students with an engaging educational experience that connects them with expert faculty and peers around the world. Walden is the flagship online university in the Laureate International Universities network—a global network of more than 75 campus-based and online universities in 30 countries.

Walden offers more than 80 degree programs with more than 370 specializations and concentrations. Areas of study include health sciences, counseling, human services, management, psychology, social work, education, public health, nursing, public administration and information technology. For more information, visit www.waldenu.edu. Walden University is accredited by The Higher Learning Commission and a member of the North Central Association, www.ncahlc.org.

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CONTACT: Jerry Sweitzer, 1-410-843-6576, jerry.sweitzer@waldenu.edu

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Hollywood Actor/Activist For Invest Caribbean Now 2014

Actor/Activist Malik Yoba

Actor/Activist Malik Yoba

CaribPR Wire, NEW YORK, NY, Mon. Mar. 10, 2014: Fresh on the heels of the Jamaican bobsled team’s participation in the 2014 Sochi Games, the man who played a Jamaican bobsledder and wrote the theme song in the now infamous movie, “Cool Runnings,” is set to attend the biggest investment summit on the Caribbean outside the region, Invest Caribbean Now, (ICN).

Hollywood actor and activist, Malik Yoba, will be among the top attendees at this year’s Caribbean Week in New York summit, set for June 4, 2014 at the prestigious Harvard Club of New York from 11:30 a.m. to 6:30 p.m.

Yoba’s attendance expresses his support for the Summit’s goals of sustainable development and investment towards building a stronger more economically viable region for the next generation and for Caribbean American Heritage Month in the United States.

Thirty-plus acting credits have solidified Yoba’s status as a distinguished Hollywood actor. He has starred in a number of hit TV shows and movies including his groundbreaking role in the drama series ‘New York Undercover’ along with films like Tyler Perry‘s ‘Why Did I Get Married?’ and its sequel.

Aside from acting, Yoba keeps busy with his heavy involvement in youth activism and mentoring. He has educated and inspired urban youth through a variety of projects encouraging them to express themselves creatively and reach their full potential.

Yoba will be attending with his mother, Mahmoudah Young, the co-author of-the coming of age memoir, “The Screw Factory.”

WHO’S WHO FOR ICN

This year’s summit top delegates will include Caribbean government dignitaries from across the region, including Premier of Nevis, Vance Amory; Chinese government officials; New York City elected officials; chairman of over two dozen companies throughout the Caribbean, North America and Great Britain, including Sandals Resort, Gordon ‘Butch’ Stewart and representatives from the World Bank, the IDB, the US State Department’s IdEA, Merrill Lynch, Nomura, HBO Latin America, DHL, First Citizens Investment Services, Island Global Yachting, Lugano Group, Caribbean Airlines, Laparkan, Caribbean Television, the Russian American Chamber of Commerce, the Allied African Nations Chamber Of Commerce and the Chinese American Business Development Center, among numerous others.

Harvard, Princeton and Colombia graduate and Caribbean-born scholar, Dr. Isaac Newton will deliver the keynote address on the issue of economic development and global investment outreach while Woody Wilson, designer to stars like Brad Pitt, Matt Damon, Dwayne ‘The Rock’ Johnson and Terrance Howard, will launch his Tropical Collection for the Caribbean.

Special partnership and co-branding opportunities for this prestigious event are available by contacting sheila@investcaribbeannow.com or logging on to ICN’s brand new summit page at Investcaribbeannow.com.

Limited early bird tickets to the summit are available by booking here or at investcaribbeannow.com/earlybird

An exclusive Diamond Dinner has been added to this year’s summit for only 20 people who will include Malik Yoba, Gordon ‘Butch’ Stewart and Woody Wilson. Tickets are available on an invitation only basis by contacting Joe Bernstein at joe@investcaribbeannow.com.

ABOUT ICN

Invest Caribbean Now has as its main focus wealth creation for the region by capitalizing on global trends and indigenous creativity while managing scarce resources intelligently and building sound economics, investment in human development, and a strong alliance with nature.  In the past three years alone, over 600 investment bankers, private equity investors, Chinese and U.S. government officials, Caribbean ministers of governments and premiers, hotel developers, architects, real estate developers, financial advisors, entrepreneurs and the media have attended the event.  Past ICN honourees have included billionaire Sir Richard Branson and billion-dollar company, Royal Caribbean Cruise Lines.

ICN PARTNERS

Partners for ICN 2014 include: Hard Beat Communications, The Caribbean Tourism Organization, One Caribbean Television, The Woody Wilson Collection of Beverly Hills, The PR Newswire, the Caribbean Commerce Magazine, Blinglets, The Caribbean Council for Economic Development, the Chinese Business Development Center, Woody Wilson Fine Clothing, CaribPR Wire and News Americas Now.

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SOURCE: Invest Caribbean Now

MEDIA CONTACT

Kathy Bronson

Communications Coordinator

Invest Caribbean Now

kbronson@investcaribbeannow.com

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Biggest Investment Summit On The Caribbean Outside The Region Returns To The U.S. Diaspora

Xiaoguang Liu is consul in charge of economic & commercial affairs of the Consulate General of China in New York addressing delegates at Invest Caribbean Now 2013. (Hayden Roger Celestin image/ICN)

Xiaoguang Liu is consul in charge of economic & commercial affairs of the Consulate General of China in New York addressing delegates at Invest Caribbean Now 2013. (Hayden Roger Celestin image/ICN)

CaribPR Wire, NEW YORK, NY, Sun. March 2, 2014: The biggest investment summit on the Caribbean held outside the region annually, returns with a bang this Caribbean American Heritage Month to the U.S. Diaspora.

Global investors, business leaders and dignitaries from China, Russia, Africa, Dubai, the United States and the Caribbean will come together for Invest Caribbean Now 2014, (ICN) summit during Caribbean Week in New York this June 4, 2014 at the prestigious Harvard Club of New York City from 11:30 a.m. to 4 p.m.

ICN returns with a revamped agenda and a focus on advancing wealth in the Caribbean region. The summit will kick-off with a panel on Global Investment Trends & The Caribbean with representatives from China, Russia, Africa, the U.S. and Dubai.

Also on the agenda this year will be a focus on medical tourism as an economic earner for Caribbean nations with CEO of Global Med Choices, Colin Childress, and Dr. Paul Angelchik, founder of American World Clinics. ICN will also spotlight on the Emerging Relationship Of Chinese Tourism & Investments In The Caribbean;  IT and Clean Energy in the Caribbean and The Caribbean Diaspora: A Real Source For Investment?  with the World Bank Group’s Qahir Dhanani, the US State Department’s IdEA’s Leigh Moran and Irwine Clare, advisory board member of the Jamaica Diaspora USA, North East.

Harvard, Princeton and Colombia graduate and Caribbean-born scholar, Dr. Isaac Newton, will deliver the keynote address on the issue of economic development and investment outreach while bridging the wealth gap to the people of the Diaspora and the Caribbean while this year’s project focus will be on the Caribbean Market Village, a brilliant, new innovative $30 million resort project/theme park set to be built in Dunnery, St. Lucia.

The summit will wrap up with the launch of the Woody Wilson Tropical Collection for the Caribbean. Woody Wilson is a renowned designer to stars like Brad Pitt, Matt Damon, Dwayne ‘The Rock’ Johnson and Terrance Howard among others.

Immediately following the Summit, ICN will present its 2014 networking awards and cocktail reception from 4:30 to 6:30 p.m. in the Harvard Club’s Cambridge Room, where a Hollywood celebrity will join delegates and honorees who will include the 2014 Leadership Awardee, Gordon, Butch Stewart, chairman of Sandals Resort.

A special addition to the ICN Summit of 2014 is the Diamond Dinner event for 20 individuals to network and do business privately. Attendance is by invitation only  from Joe Bernstein at joe@investcaribbeannow.com.

ICN Founder and Chairman Felicia Persaud, CMO of communications consultancy, Hard Beat Communications, says the 2014 Summit will be the best and biggest in the event’s four-year history because of the new team and board that’s been put in place to run the event and to market the Caribbean to the world.

ABOUT ICN

Invest Caribbean Now has as its main focus wealth creation for the region by capitalizing on global trends and indigenous creativity while managing scarce resources intelligently and building sound economics, investment in human development, and a strong alliance with nature.  In the past three years alone, over 600 investment bankers, private equity investors, Chinese and U.S. government officials, Caribbean ministers of governments and premiers, hotel developers, architects, real estate developers, financial advisors, entrepreneurs and the media have attended the event.  Past ICN honourees have included billionaire Sir Richard Branson and billion-dollar company, Royal Caribbean Cruise Lines.

PARTNERSHIP

For special partnership and co-branding opportunities for this prestigious event, contact sheila@investcaribbeannow.com or log on to ICN’s brand new summit page at Investcaribbeannow.com.

TICKETS

Early bird tickets are going fast but a few limited seats for the June 4th summit are still available at investcaribbeannow.com/earlybird.

ICN PARTNERS

Partners for ICN 2014 include: Hard Beat Communications, The Caribbean Tourism Organization, One Caribbean Television, The PR Newswire, the Caribbean Commerce Magazine, Blinglets, The Caribbean Council for Economic Development, the Chinese Business Development Center, CaribPR Wire and News Americas Now.

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SOURCE: Invest Caribbean Now

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