Global Car Inverters Industry 2017 Back-Up Solutions, Market Trends, Price, Types & Growth Factors : Mascot, Mean Well, Belkin

Brooklyn, NY — (SBWIRE) — 03/22/2017 — This market research report delves deep into the global Car Inverters market. It highlights the recent market scenario, growth in the past few years, and opportunities present for manufacturers in the future. The research methods and tools used in the completion of this study are both primary and secondary. The study further presents details on the investments initiated by several organizations, institutions, government, and non-government bodies.

The study presents an evaluation of the prime factors that are expected to inhibit or boost the progress of the global Car Inverters market. The global Car Inverters market has been examined thoroughly on the basis of key criteria such as end user, application, product, technology, and region. An analysis has been provided in the report of the key geographical segments and their share and position in the market. The estimated revenue and volume growth of the global Car Inverters market has also been offered in the report.

Global Car Inverters market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
Mascot
Mean Well
Electrocomponents plc
Belkin
Custom Power Design

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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Car Inverters in these regions, from 2012 to 2022 (forecast), covering
United States
EU
China
Japan
South Korea
India

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Square Wave Inverters
Sine Wave Inverters

An assessment of the market attractiveness with regard to the competition that new players and products are likely to present to older ones has been provided in the publication. The research report also mentions the innovations, new developments, marketing strategies, branding techniques, and products of the key participants present in the global Car Inverters market. The competitive landscape has been thoroughly analyzed utilizing the value chain analysis and Porter’s five forces analysis to present a clear vision of the market. The opportunities and threats present in the future for the key market players have also been highlighted in the publication.

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Table of Contents

1 Car Inverters Market Overview
1.1 Product Overview and Scope of Car Inverters
1.2 Car Inverters Segment by Type (Product Category)
1.2.1 Global Car Inverters Production and CAGR (%) Comparison by Type (Product Category) (2012-2022)
1.2.2 Global Car Inverters Production Market Share by Type (Product Category) in 2016
1.2.3 Square Wave Inverters
1.2.4 Sine Wave Inverters
1.3 Global Car Inverters Segment by Application
1.3.1 Car Inverters Consumption (Sales) Comparison by Application (2012-2022)
1.3.2 Passenger Vehicles
1.3.3 Commercial Vehicles
1.4 Global Car Inverters Market by Region (2012-2022)
1.4.1 Global Car Inverters Market Size (Value) and CAGR (%) Comparison by Region (2012-2022)
1.4.2 United States Status and Prospect (2012-2022)
1.4.3 EU Status and Prospect (2012-2022)
1.4.4 China Status and Prospect (2012-2022)
1.4.5 Japan Status and Prospect (2012-2022)
1.4.6 South Korea Status and Prospect (2012-2022)
1.4.7 India Status and Prospect (2012-2022)

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Smartphone 3D Camera Market to Increase Steadily by 2016-2024

Sarasota, FL — (SBWIRE) — 03/22/2017 — Zion Market Research, the market research group announced the analysis report titled „Smartphone 3D Camera Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021

Nowadays, people are more vigilant about recent features in their phone. However, 3D camera in smart phones is a trendy feature among all of them. It is getting more advanced as technology is developing. 3D camera in these phones is an advanced feature which helps to capture enhanced pictures and videos with the best quality. 3D camera accompanied with 3D sensors captures a sense movement, the accurate size of objects & environments. The performance of the 3D camera is enhanced with HD clarity and object sensing. It is getting more popular in the young generation with attractive features.

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The demand of the 3D camera in smartphones is increasing along with growing population. Emerging technology such as 3D scanning enables market players to bring innovative products with providing high-quality images and videos. Increasing adoption of the 3D camera in smartphones by young generation is expected to boost the market growth in the near future. High demand from entertainment and media industry for high-resolution images further propels the global smartphone 3D camera market. Increasing disposal income and changing lifestyle are also responsible for growing popularity of smartphone 3D camera in the market. Smartphone manufacturers inhibiting 3D technology in smartphones will open new market opportunities and enhance product sales in the coming years. In addition, increasing adoption of virtual reality applications and home automation is anticipated to impact the growth of the global market in a positive way. Conversely, huge purchasing price and compatibility issues of the smartphone may restrain the growth of the smartphone 3D camera market in the future.

The smartphone 3D camera market is segmented based on technology as, time-of-flight and stereoscopy. Stereoscopy provides the high quality of pictures, accuracy in capturing images, and reliability. Hence, it is the largest segment in the smartphone 3D camera market. The smartphone 3D camera market is segmented based on the camera resolution as below 8MP, 8 to 16MP, and above 16 MP. Most of the customers prefer cameras in the range of 8 to 16 MP smartphone, hence it accounts for the largest market share.

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Asia-Pacific is the leading market for smartphone 3D camera in the world. This trend is followed by North America. The spending power of the middle-class people in Asia Pacific increases the growth of the market. Emerging economies such as India and China are also expected to propel market in the future.

Some of the major players in the smartphone 3D camera market are Sony Panasonic Corporation, Cannon, Panas, Sony Corporation, Microsoft, Sharp Corporation, and PMD. Other key players include Nikon, LG Electronics, HTC, Infineon Technologies, SoftKinetic, Toshiba, Intel Corporation, Samsung Electronics, and Pelican.

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Global Smartphone 3D Camera Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East & Africa

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Top 3 Emerging Trends Impacting the Global Carbonated Ready-to-Drink Tea Market From 2017-2021: Technavio

LONDON–(BUSINESS WIRE)–Technavio’s latest report on the global carbonated ready-to-drink tea market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

The research study by Technavio on the global carbonated ready-to-drink tea market for 2017-2021 provides a detailed industry analysis based on packaging form (bottled packaging and metal can packaging) and geography (the Americas, EMEA, and APAC).

Carbonated ready-to-drink (RTD) tea is a prepared combination of carbonated soda with the refreshing taste and health benefits of powerful antioxidants found in tea. Technavio analysts forecast the global carbonated RTD tea market to grow to USD 1,380.5 million by 2021, at a CAGR of more than 9% over the forecast period.

Request a sample report: http://www.technavio.com/request-a-sample?report=55784

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

The top three emerging trends driving the global carbonated ready-to-drink tea market according to Technavio food and beverage research analysts are:

  • Consumer focus shifting toward organic variants of carbonated tea
  • Growing use of natural sweeteners
  • Packaging innovation to highlight product characteristics

Consumer focus shifting toward organic variants of carbonated tea

Consumers are becoming increasingly health-aware and consciously opt for organic alternatives to commonly used products. The trend is catching up in the carbonated tea market as well, and the premium prices of these commodities are resulting in the growth of the market,” says Manjunath Reddy, a lead analyst at Technavio for non-alcoholic beverage research.

Consumers who opt for organic products are contributing to building a greener future for the coming generations. To cater to this trend, vendors such as the J.M. Smucker Company, offers US Department of Agriculture (USDA) certified organic carbonated RTD teas such as Rose Hip Infused Earl Grey Tea Lemonade and Mint Infused Green Tea Lemonade.

Growing use of natural sweeteners

The growing awareness about health and healthy eating habits are encouraging consumers to seek products with natural sweetening agents. There is a growing demand for healthy, low-calorie products, and major market vendors are focused on developing and launching low calorie or zero calorie carbonated RTD tea. For instance, Bhakti offers Bhakti Sparkling Tea – Tart Cherry Rooibos, which is prepared using monk fruit extract as a sweetener. Therefore, the increased production of healthy carbonated RTD tea with no or low calories is expected to aid in the growth of the market during the forecast period.

Packaging innovation to highlight product characteristics

Packaging is often perceived to be an extension of a particular brand’s value. Good packaging not only provides better protection and tampering resistance but is also an effective marketing tool. Vendors use attractive graphic designs for tea packages to attract a larger number of consumers,” says Manjunath.

Carbonated RTD tea manufacturers are coming up with innovative packaging to increase the shelf life of their products and also to grab the attention of consumers. For instance, Talking Rain rolled out a new packaging design for its zero-calorie sparkling ice teas, which features bold colors and bright fonts. Vendors are also using sustainable packaging to appeal to more consumers.

Browse Related Reports:

Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they’re published in addition to all 6,000+ existing reports covering segments like alcoholic beverages, food, and food service. This subscription nets you thousands in savings, while staying connected to Technavio’s constant transforming research library, helping you make informed business decisions more efficiently.

About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.

Top 3 Emerging Trends Impacting the Global Carbonated Ready-to-Drink Tea Market From 2017-2021: Technavio

LONDON–(BUSINESS WIRE)–Technavio’s latest report on the global carbonated ready-to-drink tea market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

The research study by Technavio on the global carbonated ready-to-drink tea market for 2017-2021 provides a detailed industry analysis based on packaging form (bottled packaging and metal can packaging) and geography (the Americas, EMEA, and APAC).

Carbonated ready-to-drink (RTD) tea is a prepared combination of carbonated soda with the refreshing taste and health benefits of powerful antioxidants found in tea. Technavio analysts forecast the global carbonated RTD tea market to grow to USD 1,380.5 million by 2021, at a CAGR of more than 9% over the forecast period.

Request a sample report: http://www.technavio.com/request-a-sample?report=55784

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

The top three emerging trends driving the global carbonated ready-to-drink tea market according to Technavio food and beverage research analysts are:

  • Consumer focus shifting toward organic variants of carbonated tea
  • Growing use of natural sweeteners
  • Packaging innovation to highlight product characteristics

Consumer focus shifting toward organic variants of carbonated tea

Consumers are becoming increasingly health-aware and consciously opt for organic alternatives to commonly used products. The trend is catching up in the carbonated tea market as well, and the premium prices of these commodities are resulting in the growth of the market,” says Manjunath Reddy, a lead analyst at Technavio for non-alcoholic beverage research.

Consumers who opt for organic products are contributing to building a greener future for the coming generations. To cater to this trend, vendors such as the J.M. Smucker Company, offers US Department of Agriculture (USDA) certified organic carbonated RTD teas such as Rose Hip Infused Earl Grey Tea Lemonade and Mint Infused Green Tea Lemonade.

Growing use of natural sweeteners

The growing awareness about health and healthy eating habits are encouraging consumers to seek products with natural sweetening agents. There is a growing demand for healthy, low-calorie products, and major market vendors are focused on developing and launching low calorie or zero calorie carbonated RTD tea. For instance, Bhakti offers Bhakti Sparkling Tea – Tart Cherry Rooibos, which is prepared using monk fruit extract as a sweetener. Therefore, the increased production of healthy carbonated RTD tea with no or low calories is expected to aid in the growth of the market during the forecast period.

Packaging innovation to highlight product characteristics

Packaging is often perceived to be an extension of a particular brand’s value. Good packaging not only provides better protection and tampering resistance but is also an effective marketing tool. Vendors use attractive graphic designs for tea packages to attract a larger number of consumers,” says Manjunath.

Carbonated RTD tea manufacturers are coming up with innovative packaging to increase the shelf life of their products and also to grab the attention of consumers. For instance, Talking Rain rolled out a new packaging design for its zero-calorie sparkling ice teas, which features bold colors and bright fonts. Vendors are also using sustainable packaging to appeal to more consumers.

Browse Related Reports:

Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they’re published in addition to all 6,000+ existing reports covering segments like alcoholic beverages, food, and food service. This subscription nets you thousands in savings, while staying connected to Technavio’s constant transforming research library, helping you make informed business decisions more efficiently.

About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.

Virtustream Expands Enterprise Cloud Platform for Mission Critical Applications to Asia-Pacific Region

SYDNEY–(BUSINESS WIRE)–Virtustream, the enterprise-class cloud company and a Dell Technologies Business, today announced that its enterprise cloud platform and services for mission critical applications are now available in the Asia-Pacific region including Australia and Japan. This offering includes Virtustream’s innovative cloud technology and unique consumption billing model.

The need for enterprise cloud services in the region is increasing. According to published research, by 2020, “IDC predicts the Cloud Systems Infrastructure Services revenue in Asia/Pacific including Japan will reach $12.9 billion.”

“The pent up demand for enterprise-level cloud services in the Asia-Pacific region is tremendous as organizations are eager to globally scale their operations at a rapid pace; while also managing the complexities of migrating their existing systems of record to the cloud,” said Frank Gens, IDC senior vice president and chief analyst. “Add to that regional needs such as data sovereignty, and it narrows the playing field of providers significantly.”

Virtustream is bringing its enterprise cloud platform – built specifically for the mission critical applications that are essential for commerce, customer interaction, and enterprise productivity—to customers in the Australia/New Zealand (ANZ) region. Virtustream has established a cloud presence in Sydney and Canberra in order to serve the needs of both the enterprise and public sectors within Australia. This expansion comes on the heels of Virtustream’s recently announced expansion in Japan with regional ICT providers.

“We are prepared to tackle the most challenging digital transformation projects for our customers in Asia-Pacific,” said Simon Walsh, chief operating officer, Virtustream. “Our local partnerships combined with the strength of our cloud platform, deep expertise in the enterprise cloud space and relationship with Dell Technologies will provide businesses in the region with an unprecedented opportunity to utilize the cloud to rapidly transform and scale their businesses.”

Virtustream’s partnership with Dell Technologies is a critical part of its formula for success as it continues to expand in the Asia-Pacific region.

“Virtustream and Dell EMC’s cloud solution will create new ways for organisations to approach enterprise cloud in ANZ. The platform offers the cost benefits of consumption billing, as well as increased security, compliance, application performance and disaster recovery,” said Mark Fioretto, vice president, Enterprise, Dell EMC Australia and New Zealand. “The business of migrating mission-critical systems of record to the cloud is complex and requires specific expertise. Our customers require a multi-cloud strategy to truly transform their environments. Between Virtustream and our service provider ecosystem, Dell EMC is ideally positioned to provide enterprise and public sector customers with the choice they need to digitally transform their organisations.”

To learn more about how Virtustream transforms enterprise IT estates, click on the following links:

About Virtustream

Virtustream, a Dell Technologies business, is the enterprise-class cloud company that is trusted by organizations worldwide to migrate and run their mission-critical applications in the cloud. For enterprises, service providers and government agencies, Virtustream’s xStream management platform and Infrastructure-as-a-Service (IaaS) meets the security, compliance, performance, efficiency and consumption-based billing requirements of complex production applications in the cloud – whether private, public or hybrid.

Stratasys Files Annual Report on Form 20-F for the Year Ended December 31, 2016

MINNEAPOLIS & REHOVOT, Israel–(BUSINESS WIRE)–Stratasys Ltd. (NASDAQ: SSYS) (“Stratasys” or the “Company”), the 3D printing and additive manufacturing solutions company, announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2016 with the U.S. Securities and Exchange Commission (the “SEC”).

The annual report on Form 20-F, which contains Stratasys’ audited financial statements, can be accessed on the SEC’s website at http://www.sec.gov, as well as via the Company’s investor relations website at http://www.stratasys.com/corporate/investor-relations/financial-information.

The Company will deliver a hard copy of its annual report on Form 20-F, including its complete audited financial statements, free of charge, to its shareholders upon request to Cody Burke, Director of Investor Relations, at 347- 676-3918, or cody.burke@stratasys.com.

About Stratasys Ltd.

For more than 25 years, Stratasys Ltd. (NASDAQ:SSYS) has been a defining force and dominant player in 3D printing and additive manufacturing – shaping the way things are made. Headquartered in Minneapolis, Minnesota and Rehovot, Israel, the company empowers customers across a broad range of vertical markets by enabling new paradigms for design and manufacturing. The company’s solutions provide customers with unmatched design freedom and manufacturing flexibility – reducing time-to-market and lowering development costs, while improving designs and communications. Stratasys subsidiaries include MakerBot and Solidscape, and the Stratasys ecosystem includes 3D printers for prototyping and production; a wide range of 3D printing materials; parts on-demand via Stratasys Direct Manufacturing; strategic consulting and professional services; the GrabCAD platform with over 3 million professional users; and the Thingiverse and GrabCAD communities with over 2 million 3D printable files for free designs. With more than 2,700 employees and 1,200 granted or pending additive manufacturing patents, Stratasys has received more than 30 technology and leadership awards. Visit us online at: www.stratasys.com or http://blog.stratasys.com/, and follow us on LinkedIn.

Stratasys, the Stratasys signet are trademarks or registered trademarks of Stratasys Ltd. and/or its subsidiaries or affiliates and may be registered in certain jurisdictions. All other trademarks belong to their respective owners.

Celanese Announces Vinyl Acetate Monomer Price Increases in Asia

DALLAS & SHANGHAI–(BUSINESS WIRE)–Celanese Corporation (NYSE: CE), a global technology and specialty materials company, will increase list and off-list selling prices for vinyl acetate monomer in Asia in view of recent market conditions. The price increase below will be effective immediately, or as contracts otherwise allow.

Product    

China

   

AOC
(Asia Outside China)

   
    RMB/MT     USD/MT
Vinyl Acetate Monomer     200     60
 

About Celanese

Celanese Corporation is a global technology leader in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications. Our two complementary business cores, Acetyl Chain and Materials Solutions, use the full breadth of Celanese’s global chemistry, technology and business expertise to create value for our customers and the corporation. As we partner with our customers to solve their most critical business needs, we strive to make a positive impact on our communities and the world through The Celanese Foundation. Based in Dallas, Celanese employs approximately 7,300 employees worldwide and had 2016 net sales of $5.4 billion. For more information about Celanese Corporation and its product offerings, visit www.celanese.com or our blog at www.celaneseblog.com.

All registered trademarks are owned by Celanese International Corporation or its affiliates.

Veritas Equips Organizations with Systematic Approach to Address GDPR Globally

Integrated solution helps organizations gain visibility, take action and assume control over personally identifiable information under management

SINGAPORE, March 23, 2017 /PRNewswire/ -- Veritas Technologies, the leader in information management, today unveiled an integrated solution that will help organizations directly address the forthcoming General Data Protection Regulation (GDPR). This solution gives enterprises around the world the ability to understand what personally identifiable information (PII) they hold on European Union (EU) residents and access that information quickly when requested by employees or consumers. It also provides a systematic way for organizations to protect PII from breach, loss or damage. These elements are critical mandates required by the new regulation.

The solution comes at a time when many businesses around the world either don't know how to prepare for the new regulation or are underestimating the effort needed to become compliant. New research commissioned by Veritas shows that less than a third (31 percent) of organizations meet the minimum GDPR requirements today, despite the fact that the regulations take effect in just over a year's time.

With maximum fines set at the greater amount of EUR20 million or four percent of annual turnover, the penalties for non-compliance are severe. Also, this is not just an issue for companies based in the EU. It applies to any business around the world that interacts with EU residents and holds their personal data.

With this in mind, Veritas has launched 360 Data Management for GDPR. It includes an array of comprehensive advisory services and integrated software technologies. These not only help companies jump-start their compliance journey, but help maintain compliance at every turn moving forward.

Key components of the 360 Data Management for GDPR Solution include:

  • Providing expert guidance where and when it's needed the most: Veritas has established a new advisory service designed to educate and transfer knowledge to global legal, compliance, and privacy teams as to how the solution can help meet the GDPR challenge. This expert team is chartered to facilitate GDPR workshops, conduct GDPR-readiness assessments, and implement core GDPR-specific technologies.
  • Locating data for GDPR compliance: New regulations mandate that businesses must locate PII within a very short time frame. Veritas metadata analytics provides accurate data maps so companies can easily determine where personal and sensitive information is stored, who has access to it, and how long it is being retained. Companies can then take action on the data if required. 
  • Searching data for GDPR compliance: With GDPR, European residents have a right to obtain a personal copy of the data companies hold on them. Veritas machine learning technology can easily uncover directly and indirectly identifiable personal data to ensure individuals' rights are met, including "right to be forgotten" requests. Additionally, Veritas' easy-to-use eDiscovery tools help companies search, analyze, and produce relevant data to quickly satisfy requests pertaining to all regulatory and legal matters.
  • Minimizing data for GDPR compliance: Under GDPR regulations, companies will need to retain regulated information. However, they also need to delete non-essential data on a regular basis. Through Veritas personal data classification offerings, companies can set policies that help businesses retain the right information and delete the rest, helping to adhere to strict compliance guidelines.
  • Protecting data for GDPR compliance: With GDPR, companies must have the right tools in place to protect data from loss, damage or breach. Veritas unified data protection delivers an end-to-end audit trail that demonstrates data protection and resiliency protocols are being met. Additionally, these data protection offerings are infrastructure agnostic, and work across on-premise, cloud and hybrid environments, giving businesses added flexibility to address compliance regulations.
  • Monitoring data for GDPR compliance: When the GDPR takes effect, data controllers and data processors are required to file a data breach notification within 72 hours of an incident. Veritas predictive threat analytics helps companies automatically identify anomalous behavior and facilitates single-click investigations. 

"This is not just an issue for EU companies," said Carla Arend, senior program director at IDC. "This regulation impacts any organization that holds data concerning individual EU data subjects. This can be anything from a shopping history to employee records. It is imperative that companies immediately begin deploying solutions that will help them understand exactly what information they hold and let them manage that data in a compliant manner."

"360 Data Management for GDPR plays a key role in helping companies accelerate their digital transformation strategies," said Mike Palmer, executive vice president and chief product officer at Veritas. "At a time when data is your most critical business asset, giving companies capabilities that let them understand and gain valuable insights about their information provides advantages that go well beyond compliance. It can spur product and service development, as well as help them build loyalty as consumers begin to accept organizations as trusted custodians of their PII. This is an important transformational step towards a nimbler and digitally-driven operation."

Learn more about Veritas GDPR solutions here.

About Veritas Technologies

Veritas Technologies enables organizations to harness the power of their information, with information management solutions serving the world's largest and most complex environments. Veritas works with organizations of all sizes, including 86 percent of global Fortune 500 companies, improving data availability and revealing insights to drive competitive advantage. For more information, visit www.veritas.com

Veritas and the Veritas logo are trademarks or registered trademarks of Veritas Technologies LLC or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective owners. © 2017 Veritas Technologies. All rights reserved.

Media Contacts
Mizu Chitra / Marc Lee
Text100 Singapore
+65-6603-9000
veritas@text100.com.sg

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Gaming Nation Inc. Announces Fourth Quarter and Fiscal Year 2016 Financial Results

TORONTO, ON–(Marketwired – March 22, 2017) – Gaming Nation Inc. (TSX VENTURE: FAN) („Gaming Nation” or the „Company”), today announced its financial and operational results for the fourth quarter and year ending December 31, 2016. Consolidated financial statements and Management Discussion & Analysis for the quarter and year ending December 31, 2016 can be found on SEDAR (www.sedar.com). All amounts are reported in Canadian dollars unless otherwise noted.

The Company, through 5050 Central, established multi-year partnerships with 23 new customers during Q4 of 2016 and renewed agreements with 21 clients. 5050 Central’s recurring software licensing revenues increased by 20% year over year. 5050 Central also made substantial progress in its focus to expand into new markets through the development of new platform solutions, securing key hires in important sectors and ensuring the Company is prepared from a regulatory perspective to be first to market with new opportunities.

Fantasy Guru, the sports based information service business, continued to demonstrate strong growth during Q4 and fiscal 2016. Revenues increased by 50% in Q4 compared to Q4 of 2015 and 2016 fiscal revenues grew 60% compared to 2015 fiscal results. The Company launched a new premium service for daily fantasy sports participants providing content in all major sports through a subscription based business model similar to the company’s traditional business. The service generated $1,100,000 in subscription sales in 2016 since its launch in September and has realized a 25% increase in the daily average spend by subscribers.

Pick Nation’s business experienced challenges during fiscal 2016 as revenues decreased by approximately 13% compared to the same period in 2015. The decrease in revenue from the sports handicapping business is a direct reflection of the decrease in overall NFL wagering that is being experienced in the industry as well as a challenging NFL season related to television ratings and content downloads.

During Q4, Gaming Nation announced that it had entered into a definitive agreement to acquire BD Sport Group Ltd. („BD Sport”), the market leader for stadium betting services in the United Kingdom. The acquisition provides Gaming Nation with a portfolio that includes 100% of the shares of BD Sport Ltd., BD Stadia Ltd. and BD Deportes SL. The transaction officially closed March 2, 2017.

„During Q4 Gaming Nation continued the trend to strategically focus on two key sectors of operations; software solutions for stadiums as well as the Gaming Nation’s sports information content businesses. We are pleased with the results in the quarter and the progress during 2016. In 2017 we will remain committed to continuing to grow revenues and EBITDA across all our business lines while exploring strategic opportunities both in the form of partnerships or further acquisitions,” stated Gaming Nation’s President/CEO, Scott Secord.

The fourth quarter and fiscal year 2016 operating results ending December 31, 2016 of Gaming Nation include operations from the following reportable segments: electronic 50/50 raffle platform through 5050 Central Ltd and 5050 Central Delaware Inc. (collectively „5050 Central”) and sports intelligence information though Guru Fantasy Reports, Inc. („Fantasy Guru” & „Guru Elite”) and Stevo Design, Inc. („Pick Nation”).

Q4 and Fiscal Year 2016 Financial Summary

  • Consolidated revenue was $3.63 Million for the fourth quarter and $11.05 Million for year ending December 31, 2016
  • Adjusted EBITDA was $1.01 Million for the fourth quarter and $2.07 Million for the year ending December 31, 2016
  • Net loss from continuing operations was $5.78 Million for the fourth quarter and $9.39 Million for the year ending December 31, 2016

Financial Position as of December 31, 2016

  • Cash of $10.00 Million
  • Working capital as of December 31, 2016 was $11.48 Million
  • Total assets of $63.10 Million
  • Total liabilities of $8.49 Million
  • Total equity of $54.61 Million

Conference Call Details

Gaming Nation will host an analyst/shareholder conference call on Thursday, March 23, 2017 at 8:00 a.m. ET to discuss its financial and operational results of its fourth quarter and fiscal year 2016. Scott Secord, CEO, and Blair McGibbon, CFO, will chair the call.

To access the conference call dial (647) 427-7450 or (888) 231-8191. Please connect approximately 15 minutes prior to the beginning of the call to ensure participation. A question and answer session for analysts will follow management’s presentation.

A digital recording of the conference call will be available for replay two hours after the call’s completion. The recording will be available until March 30th, 2017. To access the recording, please dial 1.855.859.2056 and the conference ID # 87518216.

About Gaming Nation Inc.

Gaming Nation Inc. (TSX VENTURE: FAN) provides technology and information platforms to the sports and entertainment industry. The Company’s platforms include 5050 Central, an electronic real-time raffle system, BD Sport Group, providing in-stadium betting in the UK football market, and sports information websites Fantasy Guru, FantasyGuruElite and Pick Nation.

For more information, visit www.gamingnationinc.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Reader Advisory

Certain information set forth in this news release contains forward-looking statements or information („forward-looking statements”). By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Gaming Nation Inc.’s control, including the impact of general economic conditions, industry conditions, currency fluctuations, operational risks, competition from other industry participants, stock market volatility, and the ability to access sufficient capital from internal and external sources. Although Gaming Nation Inc. believes that the expectations in its forward-looking statements are reasonable, its forward-looking statements have been based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. Accordingly, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. Risks, uncertainties, material assumptions and other factors that could affect actual results are discussed in our public disclosure documents available at www.sedar.com. Furthermore, the forward-looking statements contained in this document are made as of the date of this document and, except as required by applicable law, Gaming Nation Inc. does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.

Gaming Nation Inc. Announces Fourth Quarter and Fiscal Year 2016 Financial Results

TORONTO, ON–(Marketwired – March 22, 2017) – Gaming Nation Inc. (TSX VENTURE: FAN) („Gaming Nation” or the „Company”), today announced its financial and operational results for the fourth quarter and year ending December 31, 2016. Consolidated financial statements and Management Discussion & Analysis for the quarter and year ending December 31, 2016 can be found on SEDAR (www.sedar.com). All amounts are reported in Canadian dollars unless otherwise noted.

The Company, through 5050 Central, established multi-year partnerships with 23 new customers during Q4 of 2016 and renewed agreements with 21 clients. 5050 Central’s recurring software licensing revenues increased by 20% year over year. 5050 Central also made substantial progress in its focus to expand into new markets through the development of new platform solutions, securing key hires in important sectors and ensuring the Company is prepared from a regulatory perspective to be first to market with new opportunities.

Fantasy Guru, the sports based information service business, continued to demonstrate strong growth during Q4 and fiscal 2016. Revenues increased by 50% in Q4 compared to Q4 of 2015 and 2016 fiscal revenues grew 60% compared to 2015 fiscal results. The Company launched a new premium service for daily fantasy sports participants providing content in all major sports through a subscription based business model similar to the company’s traditional business. The service generated $1,100,000 in subscription sales in 2016 since its launch in September and has realized a 25% increase in the daily average spend by subscribers.

Pick Nation’s business experienced challenges during fiscal 2016 as revenues decreased by approximately 13% compared to the same period in 2015. The decrease in revenue from the sports handicapping business is a direct reflection of the decrease in overall NFL wagering that is being experienced in the industry as well as a challenging NFL season related to television ratings and content downloads.

During Q4, Gaming Nation announced that it had entered into a definitive agreement to acquire BD Sport Group Ltd. („BD Sport”), the market leader for stadium betting services in the United Kingdom. The acquisition provides Gaming Nation with a portfolio that includes 100% of the shares of BD Sport Ltd., BD Stadia Ltd. and BD Deportes SL. The transaction officially closed March 2, 2017.

„During Q4 Gaming Nation continued the trend to strategically focus on two key sectors of operations; software solutions for stadiums as well as the Gaming Nation’s sports information content businesses. We are pleased with the results in the quarter and the progress during 2016. In 2017 we will remain committed to continuing to grow revenues and EBITDA across all our business lines while exploring strategic opportunities both in the form of partnerships or further acquisitions,” stated Gaming Nation’s President/CEO, Scott Secord.

The fourth quarter and fiscal year 2016 operating results ending December 31, 2016 of Gaming Nation include operations from the following reportable segments: electronic 50/50 raffle platform through 5050 Central Ltd and 5050 Central Delaware Inc. (collectively „5050 Central”) and sports intelligence information though Guru Fantasy Reports, Inc. („Fantasy Guru” & „Guru Elite”) and Stevo Design, Inc. („Pick Nation”).

Q4 and Fiscal Year 2016 Financial Summary

  • Consolidated revenue was $3.63 Million for the fourth quarter and $11.05 Million for year ending December 31, 2016
  • Adjusted EBITDA was $1.01 Million for the fourth quarter and $2.07 Million for the year ending December 31, 2016
  • Net loss from continuing operations was $5.78 Million for the fourth quarter and $9.39 Million for the year ending December 31, 2016

Financial Position as of December 31, 2016

  • Cash of $10.00 Million
  • Working capital as of December 31, 2016 was $11.48 Million
  • Total assets of $63.10 Million
  • Total liabilities of $8.49 Million
  • Total equity of $54.61 Million

Conference Call Details

Gaming Nation will host an analyst/shareholder conference call on Thursday, March 23, 2017 at 8:00 a.m. ET to discuss its financial and operational results of its fourth quarter and fiscal year 2016. Scott Secord, CEO, and Blair McGibbon, CFO, will chair the call.

To access the conference call dial (647) 427-7450 or (888) 231-8191. Please connect approximately 15 minutes prior to the beginning of the call to ensure participation. A question and answer session for analysts will follow management’s presentation.

A digital recording of the conference call will be available for replay two hours after the call’s completion. The recording will be available until March 30th, 2017. To access the recording, please dial 1.855.859.2056 and the conference ID # 87518216.

About Gaming Nation Inc.

Gaming Nation Inc. (TSX VENTURE: FAN) provides technology and information platforms to the sports and entertainment industry. The Company’s platforms include 5050 Central, an electronic real-time raffle system, BD Sport Group, providing in-stadium betting in the UK football market, and sports information websites Fantasy Guru, FantasyGuruElite and Pick Nation.

For more information, visit www.gamingnationinc.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Reader Advisory

Certain information set forth in this news release contains forward-looking statements or information („forward-looking statements”). By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Gaming Nation Inc.’s control, including the impact of general economic conditions, industry conditions, currency fluctuations, operational risks, competition from other industry participants, stock market volatility, and the ability to access sufficient capital from internal and external sources. Although Gaming Nation Inc. believes that the expectations in its forward-looking statements are reasonable, its forward-looking statements have been based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. Accordingly, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. Risks, uncertainties, material assumptions and other factors that could affect actual results are discussed in our public disclosure documents available at www.sedar.com. Furthermore, the forward-looking statements contained in this document are made as of the date of this document and, except as required by applicable law, Gaming Nation Inc. does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.