Innovative Products of America

TTI DELIVERS STRONG 2022 FIRST HALF RESULTS

Retrieved on: 
Wednesday, August 10, 2022

US cents)

Key Points: 
  • US cents)
    *For the six-month period ended June 30, 2022
    The Group is delighted that all of its geographic regions delivered solid sales growth in the first half.
  • TTI's Power Equipment business delivered a very strong first half, while Floorcare contracted due to slowing demand and customer destocking.
  • Now the global leader in professional cordless, TTI's flagship MILWAUKEE business continued to flourish with 25.8% local currency sales growth in the first half.
  • Mr. Horst Pudwill, Chairman of TTI, said, "Our world-class team is well prepared to manage the business through challenging macroeconomic environments and continue to deliver above market results.

TTI DELIVERS STRONG 2022 FIRST HALF RESULTS

Retrieved on: 
Wednesday, August 10, 2022

US cents)

Key Points: 
  • US cents)
    *For the six-month period ended June 30, 2022
    The Group is delighted that all of its geographic regions delivered solid sales growth in the first half.
  • TTI's Power Equipment business delivered a very strong first half, while Floorcare contracted due to slowing demand and customer destocking.
  • Now the global leader in professional cordless, TTI's flagship MILWAUKEE business continued to flourish with 25.8% local currency sales growth in the first half.
  • Mr. Horst Pudwill, Chairman of TTI, said, "Our world-class team is well prepared to manage the business through challenging macroeconomic environments and continue to deliver above market results.

TTI Delivers Strong 2022 First Half Results

Retrieved on: 
Wednesday, August 10, 2022

TTI's Power Equipment business delivered a very strong first half, while Floorcare contracted due to slowing demand and customer destocking.

Key Points: 
  • TTI's Power Equipment business delivered a very strong first half, while Floorcare contracted due to slowing demand and customer destocking.
  • Mr. Horst Pudwill, Chairman of TTI, said, "Our world-class team is well prepared to manage the business through challenging macroeconomic environments and continue to deliver above market results.
  • Mr. Joseph Galli, CEO of TTI, commented, "Our outstanding first half performance is the result of our ongoing new product flow and our market leadership position.
  • The global growth strategy of the relentless pursuit of product innovation has brought TTI to the forefront of its industries.

TTI Delivers Strong 2022 First Half Results

Retrieved on: 
Wednesday, August 10, 2022

TTIs Power Equipment business delivered a very strong first half, while Floorcare contracted due to slowing demand and customer destocking.

Key Points: 
  • TTIs Power Equipment business delivered a very strong first half, while Floorcare contracted due to slowing demand and customer destocking.
  • Now the global leader in professional cordless, TTIs flagship MILWAUKEE business continued to flourish with 25.8% local currency sales growth in the first half.
  • Mr. Horst Pudwill, Chairman of TTI, said, Our world-class team is well prepared to manage the business through challenging macroeconomic environments and continue to deliver above market results.
  • Mr. Joseph Galli, CEO of TTI, commented, Our outstanding first half performance is the result of our ongoing new product flow and our market leadership position.

Loop Energy and Mobility & Innovation Advance to Commercial Scale-Up Phase

Retrieved on: 
Monday, July 25, 2022

Loop Energy TM (TSX: LPEN) announces Mobility & Innovation (M&I) has purchased an additional 10 fuel cell systems to meet the growing demand for its hydrogen-electric city bus.

Key Points: 
  • Loop Energy TM (TSX: LPEN) announces Mobility & Innovation (M&I) has purchased an additional 10 fuel cell systems to meet the growing demand for its hydrogen-electric city bus.
  • The order sees Loop Energy progress to the Scale-Up Phase with a second bus manufacturer.
  • View the full release here: https://www.businesswire.com/news/home/20220725005200/en/
    Loop Energy will provide Mobility & Innovation with an additional 10 fuel cell systems.
  • Loop Energy is a leading designer and manufacturer of fuel cell systems targeted for the electrification of commercial vehicles, including light commercial vehicles, transit buses and medium and heavy-duty trucks.

CITIC Telecom CPC Shines at Global Awards in 1H 2022

Retrieved on: 
Monday, July 18, 2022

Distinguished Innovation Awards Recognizing Outstanding Professional Talents, Innovative Products and Globalization Capabilities

Key Points: 
  • Distinguished Innovation Awards Recognizing Outstanding Professional Talents, Innovative Products and Globalization Capabilities
    HONG KONG, July 18, 2022 - (ACN Newswire) - CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited ("CITIC Telecom", "the Group", SEHK: 1883), has always strived for new breakthroughs and innovation excellence with the motto "Innovation Never Stops" to bring new values to the digitalization development of different customers and industries.
  • CITIC Telecom CPC has been recognized and praised by people from all walks of life for years.
  • Distinguished awards and certifications won by CITIC Telecom CPC in the first half of 2022 including:
    Carrier Community, a leading global telecom and industry-networking platform, has successfully hosted CC-Global Awards 2022 in Berlin, Germany in June 2022.
  • CITIC Telecom CPC won "Best Innovative Value Added Provider" award, which is a testament to the wide recognition of the company's innovation capabilities.

Applied Brain Research Inc. (ABR) Named Best of Sensors Awards Finalist

Retrieved on: 
Monday, June 27, 2022

WATERLOO, Ontario, June 27, 2022 (GLOBE NEWSWIRE) -- Applied Brain Research today announces it has been named a finalist in the Innovative Product of the Year category of the Best of Sensors Awards for their ultra-efficient edge AI Time-Series Processor (TSP) chip .

Key Points: 
  • WATERLOO, Ontario, June 27, 2022 (GLOBE NEWSWIRE) -- Applied Brain Research today announces it has been named a finalist in the Innovative Product of the Year category of the Best of Sensors Awards for their ultra-efficient edge AI Time-Series Processor (TSP) chip .
  • "Applied Brain Research is honored to be a finalist in the Best of Sensors Awards for our TSP chip," said ABR's Co-CEO, Peter Suma.
  • We congratulate Applied Brain Research Inc. on being named a finalist."
  • Applied Brain Research, Inc. designs AI inspired by the efficiency of brain circuits and backed by neuroscientists and AI engineers.

 Fresenius Kabi Expands RFID Compatibility to Improve Hospital Inventory Management

Retrieved on: 
Tuesday, June 14, 2022

AmerisourceBergens medication tray solution is designed to help hospitals improve medication inventory visibility and tracking using advanced Radio Frequency Identification (RFID) technology.

Key Points: 
  • AmerisourceBergens medication tray solution is designed to help hospitals improve medication inventory visibility and tracking using advanced Radio Frequency Identification (RFID) technology.
  • View the full release here: https://www.businesswire.com/news/home/20220614005394/en/
    The Fresenius Kabi +RFID portfolio of radio frequency tagged medications is now compatible with AmerisourceBergens medication tray solution.
  • (Photo: Business Wire)
    There is tremendous value in embracing technology advancements such as RFID in health care, said Angie Lindsey, vice president of Marketing at Fresenius Kabi USA.
  • Fresenius Kabi +RFID medications feature a high-performance RAIN RFID tag embedded in the label that contains relevant data hospitals rely on to immediately identify, locate and manage their inventory.

Leading sustainable period care brand The Flex Co. wins three prestigious Red Dot Awards for outstanding product design

Retrieved on: 
Thursday, June 9, 2022

For over 60 years, the "Red Dot" award for product design has been highly sought out by companies due to its prestige and credible endorsement.

Key Points: 
  • For over 60 years, the "Red Dot" award for product design has been highly sought out by companies due to its prestige and credible endorsement.
  • The fact that the quality of these products equals their level of innovation makes them well-deserved winners in the Red Dot Award: Product Design 2022."
  • The Flex Co. is the top-selling sustainable period care brand known for creating highly differentiated, innovative products.
  • Their patented product portfolio, including Flex Disc, Flex Cup, Flex Reusable Disc, Flex Plant+ Disc, Softdisc, and Softcup, is sold in nearly 30,000 retailers in the United States.

Techtronic Industries Australia selects One Network Enterprises to Enhance Supplier Collaboration for Improved Demand and Supply Planning

Retrieved on: 
Tuesday, June 7, 2022

DALLAS , June 7, 2022 /PRNewswire/ -- One Network Enterprises (ONE), the leading global provider of intelligent control towers and the Digital Supply Chain Network™, is pleased to announce that Techtronic Industries Australia (TTI) has selected ONE to support its digital transformation agenda. ONE's solution was chosen based on the range of functionality, execution architecture, and the ability to deliver the highest quality services to TTI.

Key Points: 
  • DALLAS , June 7, 2022 /PRNewswire/ -- One Network Enterprises (ONE), the leading global provider of intelligent control towers and the Digital Supply Chain Network, is pleased to announce that Techtronic Industries Australia (TTI) has selected ONE to support its digital transformation agenda.
  • By leveraging One Network Enterprises' NEO Platform, TTI will integrate its physical network of partners across Asia, Australia, and New Zealand, to provide a single data model across multiple workflows and applications, enabling real-time collaboration.
  • The Digital Supply Chain Network TM will ensure that the efficient planning and execution of the demand-supply match is achieved using a single version of the truth.
  • One Network is the leader in supply chain control towers and provider of the Digital Supply Chain Network.