|By Marketwired .||
|September 2, 2014 11:13 AM EDT||
OTTAWA, ONTARIO -- (Marketwired) -- 09/02/14 -- Grafoid Inc., a complete solutions graphene company, announced today its acquisition of Braille Battery, Inc. of Sarasota, Florida - an internationally recognized developer and manufacturer of advanced, lightweight lithium ion automotive batteries.
Financial details of the acquisition were not released.
Braille Battery is a global leader in the development, production and sales of ultra lightweight lithium ion high performance batteries and seller of the world's first environmentally sustainable AGM carbon fiber batteries for IndyCar, NASCAR, Formula 1 racing cars, motorcycles and batteries for the marine industry.
Under the terms of the agreement, Grafoid acquires a 75% ownership interest in Braille while Braille's founder, Mr. Blake Fuller, will continue to lead the company as President and Chief Operating Officer.
Mr. Fuller is a championship race car driver, engineer and developer of the first lithium starting battery and GO PUCK, a pocket sized mobile power supply. He founded Braille Battery in 2002 and continues to develop lightweight power solutions across all sectors.
Braille Battery has a history of successfully commercializing new battery technologies.
Gary Economo, Grafoid's Chief Executive Officer said the purchase of Braille Battery paves the way for Grafoid's commercialization of high performance, next generation MesoGraf(TM) lithium batteries.
"Grafoid's high-energy performing MesoGraf(TM) graphene combined with Braille's cutting edge engineering and manufacturing capabilities create a perfect fit for adapting a novel power source to the needs of our future electric vehicle manufacturing customers," Mr. Economo said.
"In commercial terms, the benefits of a 100% controlled supply chain are immeasurable," Mr. Economo added. "MesoGraf(TM) holds the potential to become a powerful, high-performing energy source.
"And with supply chain control, Grafoid moves into a globally unique position to lead change in the electrification of transportation industries," Mr. Economo said. "While we will continue our focus on Formula 1, NASCAR and IndyCar markets, we'll also be pursuing all racing platforms."
Mr. Economo said Grafoid intends to further expand its reach into the global battery industry by developing advanced battery applications and products for the medical, military and marine sectors.
Mr. Fuller described the transaction as "an exciting advancement in corporate development because it will allow us to take 21st century technologies and move them into the not-so-distant future.
"From our initial discussions with Grafoid's President and Chief Technology Officer, Dr. Gordon Chiu, it was very clear that Braille Battery was the perfect vehicle for winning the race to market for graphene technology," he said.
"The diverse capabilities of MesoGraf(TM) graphene will enable Braille Battery to improve not only lithium ion batteries, but other transportation power technologies," Mr. Fuller said.
With research and development and MesoGraf(TM) production facilities in Canada and Singapore and with the commissioning of its United States' production facility later this year, Grafoid is the world's largest producer of few layer, high-purity, high energy density graphene.
About Braille Battery, Inc.
Founded in 2002 by Mr. Blake Fuller, Braille Battery is a pioneering battery manufacturing and energy storage solutions company with a complete line of lightweight high powered battery systems for the transportation market. Braille developed the world's first commercially available automotive lithium starting battery and has grown to become the highest volume producer of automotive lithium starting batteries.
With a rich history dominating motorsports from NASCAR to IndyCar, Braille has developed solutions that are applicable to the demanding, highly profitable specialty automotive, marine, defense, medical, and aerospace markets. With international patents pending on over 20 core technologies, Braille brings superior performing products to market with a simplified manufacturing process with exclusive designs. With over 500 international resellers, 100 web domains, and trademarks and copyrights on 25 attractive branding elements, Braille's experienced marketing team has continued to fast track growth to become a global market leader in niche, high performance batteries.
Braille's ISO compliant, GSA/CCR registered design, engineering and manufacturing facility in Sarasota, Florida forms a global distribution and contract manufacturing hub extending to the United Kingdom, Germany, Australia, Japan, China and Singapore.
Braille Battery was adopted as the official business name to reflect that electrical performance and lightweight benefits are often only felt and not seen. The company's focus is to produce products that are lighter, stronger and faster.
For additional company information please visit: www.braillebattery.com
About Grafoid Inc.
Incorporated in Ottawa, in September 2011, Grafoid is a graphene development and investment company partnered with Focus Graphite Inc., owner of the high-grade Lac Knife, Quebec graphite deposit, and; graphene producer Graphite Zero Pte Ltd. and the National University of Singapore's Graphene Research Center - one of the premier graphene R&D institutes in the world - all of whom are now represented at Grafoid's Innovation Park facilities in Kingston, Ontario.
Grafoid's leading investment results in a game-changing process that sets a global standard for economically scalable graphene products, universally trademarked as MesoGraf(TM).
Grafoid Inc. is a privately held Canadian corporation investing in MesoGraf(TM) high-energy density graphene applications and economically scalable production processes for pristine bilayer and trilayer graphene and MesoGraf(TM) derivatives from raw, unprocessed, graphite ore.
The company is engaged in the development of graphene patent joint ventures globally, in the areas of renewable energy, advanced polymer materials, biomedicine, thermal dispersion technologies, coatings and a number of classified material development projects. Focus Graphite, Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) holds a significant interest in Grafoid on behalf of its shareholders.
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
Oct. 23, 2016 08:15 AM EDT Reads: 4,336
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to impr...
Oct. 23, 2016 08:00 AM EDT Reads: 5,674
@ThingsExpo has been named the Top 5 Most Influential Internet of Things Brand by Onalytica in the ‘The Internet of Things Landscape 2015: Top 100 Individuals and Brands.' Onalytica analyzed Twitter conversations around the #IoT debate to uncover the most influential brands and individuals driving the conversation. Onalytica captured data from 56,224 users. The PageRank based methodology they use to extract influencers on a particular topic (tweets mentioning #InternetofThings or #IoT in this ...
Oct. 23, 2016 08:00 AM EDT Reads: 8,315
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Oct. 23, 2016 07:00 AM EDT Reads: 4,094
Amazon has gradually rolled out parts of its IoT offerings, but these are just the tip of the iceberg. In addition to optimizing their backend AWS offerings, Amazon is laying the ground work to be a major force in IoT - especially in the connected home and office. In his session at @ThingsExpo, Chris Kocher, founder and managing director of Grey Heron, explained how Amazon is extending its reach to become a major force in IoT by building on its dominant cloud IoT platform, its Dash Button strat...
Oct. 23, 2016 06:30 AM EDT Reads: 4,735
DevOps is speeding towards the IT world like a freight train and the hype around it is deafening. There is no reason to be afraid of this change as it is the natural reaction to the agile movement that revolutionized development just a few years ago. By definition, DevOps is the natural alignment of IT performance to business profitability. The relevance of this has yet to be quantified but it has been suggested that the route to the CEO’s chair will come from the IT leaders that successfully ma...
Oct. 23, 2016 06:15 AM EDT Reads: 16,347
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
Oct. 23, 2016 06:00 AM EDT Reads: 683
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
Oct. 23, 2016 05:30 AM EDT Reads: 3,920
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Oct. 23, 2016 05:15 AM EDT Reads: 1,834
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
Oct. 23, 2016 04:00 AM EDT Reads: 3,925
SYS-CON Events announced today that Interface Masters Technologies, a leader in Network Visibility and Uptime Solutions, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Interface Masters Technologies is a leading vendor in the network monitoring and high speed networking markets. Based in the heart of Silicon Valley, Interface Masters' expertise lies in Gigabit, 10 Gigabit and 40 Gigabit Eth...
Oct. 23, 2016 03:45 AM EDT Reads: 3,305
One of biggest questions about Big Data is “How do we harness all that information for business use quickly and effectively?” Geographic Information Systems (GIS) or spatial technology is about more than making maps, but adding critical context and meaning to data of all types, coming from all different channels – even sensors. In his session at @ThingsExpo, William (Bill) Meehan, director of utility solutions for Esri, will take a closer look at the current state of spatial technology and ar...
Oct. 23, 2016 03:45 AM EDT Reads: 1,694
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue an...
Oct. 23, 2016 03:30 AM EDT Reads: 2,952
As software becomes more and more complex, we, as software developers, have been splitting up our code into smaller and smaller components. This is also true for the environment in which we run our code: going from bare metal, to VMs to the modern-day Cloud Native world of containers, schedulers and microservices. While we have figured out how to run containerized applications in the cloud using schedulers, we've yet to come up with a good solution to bridge the gap between getting your conta...
Oct. 23, 2016 03:30 AM EDT Reads: 1,442
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his session at @DevOpsSummit 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will show how customers are able to achieve a level of transparency that enables everyon...
Oct. 23, 2016 03:00 AM EDT Reads: 1,272