|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.
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
Apr. 24, 2017 10:45 PM EDT Reads: 2,079
SYS-CON Events announced today that Hitachi, the leading provider the Internet of Things and Digital Transformation, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., offers an integrated portfolio of services and solutions that enable digital transformation through enhanced data management, governance, mobility and analytics. We help globa...
Apr. 24, 2017 10:45 PM EDT Reads: 671
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
Apr. 24, 2017 10:45 PM EDT Reads: 1,699
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
Apr. 24, 2017 10:00 PM EDT Reads: 763
The age of Digital Disruption is evolving into the next era – Digital Cohesion, an age in which applications securely self-assemble and deliver predictive services that continuously adapt to user behavior. Information from devices, sensors and applications around us will drive services seamlessly across mobile and fixed devices/infrastructure. This evolution is happening now in software defined services and secure networking. Four key drivers – Performance, Economics, Interoperability and Trust ...
Apr. 24, 2017 09:45 PM EDT Reads: 3,608
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across supply chain networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost and time for product recall as well as advance trade. Are you curious about Blockchain and how it can provide you with new opportunities for innovation and growth? In her session at 20th Cloud Exp...
Apr. 24, 2017 09:15 PM EDT Reads: 1,636
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busin...
Apr. 24, 2017 08:15 PM EDT Reads: 393
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Apr. 24, 2017 08:00 PM EDT Reads: 733
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
Apr. 24, 2017 07:45 PM EDT Reads: 2,139
In recent years, containers have taken the world by storm. Companies of all sizes and industries have realized the massive benefits of containers, such as unprecedented mobility, higher hardware utilization, and increased flexibility and agility; however, many containers today are non-persistent. Containers without persistence miss out on many benefits, and in many cases simply pass the responsibility of persistence onto other infrastructure, adding additional complexity.
Apr. 24, 2017 07:30 PM EDT Reads: 2,107
Cloud Expo, Inc. has announced today that Aruna Ravichandran, vice president of DevOps Product and Solutions Marketing at CA Technologies, has been named co-conference chair of DevOps at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Apr. 24, 2017 07:15 PM EDT Reads: 2,405
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
Apr. 24, 2017 06:45 PM EDT Reads: 609
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
Apr. 24, 2017 06:45 PM EDT Reads: 702
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Analytic. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
Apr. 24, 2017 06:30 PM EDT Reads: 649
Translating agile methodology into real-world best practices within the modern software factory has driven widespread DevOps adoption, yet much work remains to expand workflows and tooling across the enterprise. As models evolve from pockets of experimentation into wholescale organizational reinvention, practitioners find themselves challenged to incorporate the culture and architecture necessary to support DevOps at scale. In his session at @DevOpsSummit at 20th Cloud Expo, Anand Akela, Senior...
Apr. 24, 2017 06:30 PM EDT Reads: 1,667