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Press Release: BlueVolt survey finds most employees want to learn on the job by video, in five minutes or less


PORTLAND, Ore., Dec. 11, 2018 (GLOBE NEWSWIRE) -- BlueVolt in cooperation with market research firm Cascade Insights has released the second edition of its “Voice of the E-Learner” survey, which asked 1,327 workers from manufacturers and distributors in the electrical, plumbing, HVAC and industrial tools industries about their perceptions of online learning. BlueVolt launched the first edition of the survey in 2016. This year’s findings showed a 27 percent drop – from 59 percent in 2016 to 33 percent in 2018 – in the number of learners who were “very satisfied” with their organization’s online training programs.
“We know this year that 90 percent of workers ranging in age from the 20s to late 60s want online training courses, such as product training, in chunks of five minutes or less,” says Douglas Gastich, president of BlueVolt. “Fifty percent of workers in their early 20s to mid-40s also want interactive online training content.”According to Gastich, the steep drop in very satisfied learners might come from online training content suppliers who are making courses too long, which the Voice of E-Learner survey suggests being any course lasting more than 10 minutes. This year’s survey saw a five percent rise, to 69 percent, among workers who prefer to learn about their company’s products and services at work versus other venues.“The desire for shorter courses could stem from employees who have limited time to learn at work,” says Scott Swigart, chief research officer of Cascade Insights. “The survey findings show a correlation between training, especially product training, and increased sales. If an employer doesn’t realize this, they may not encourage time for dedicated learning; this pressures employees to learn in short bursts.”Gastich says this year’s survey offers three key findings: First, among the total survey population, 40 percent report taking 21 or more online training courses in the last year; second, 47 percent credit online training, in part, for increasing their company’s sales; and, third, incentives may be important to getting workers to take online training courses, since just 26 percent stated they were likely to take a course without an inducement.Kian Sanjari, marketing and training manager for Mersen Electrical Power North America, says he doesn’t necessarily think companies have to reward people to learn if the content helps them do their job more successfully. Sanjari adds, “Product and application knowledge that creates customer intimacy or career advancement, are the true incentives.”

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Press Release: North Carolina State University researchers to disclose novel in ovo application of BioTyton, White Dog Labs’ new probiotics product


NEW CASTLE, Del., Dec. 11, 2018 (GLOBE NEWSWIRE) -- North Carolina State University (NCSU) researchers Dr. Shaymaa M. Abousaad, Dr. Ramon D. Malheiros, and Dr. Peter R. Ferket, along with White Dog Labs’ personnel Shawn W. Jones and Bryan P. Tracy, will be presenting at the International Poultry Scientific Forum (Atlanta, GA Feb. 12-14) a paper titled “In ovo feeding dose response of probiotic Clostridium species on hatch performance and hatchling quality of broilers.”
“Due to current public concern about antimicrobial resistance, the use of direct fed microbials to manage enteric health is becoming a feasible practice, especially if administered early in a broiler’s productive life,” said Prof. Ferket, a William Neal Reynolds Professor of Nutrition and Biotechnology in the Prestage Department of Poultry Science. “Butyric acid-producing, spore-forming clostridia have been demonstrated to promote improved growth performance and gut health. We believe that in-ovo feeding of this clostridia consortium in late-term embryos is a novel and cost-effective application of probiotics in broiler chickens.”White Dog Labs was established in 2012 on the foundation of biotechnology and bioprocess development. It has invented a proprietary process, Protocol B, for the isolation, selection and cultivation of microbiome-derived Clostridia. For this series of studies, the company prepared three clostridial consortia: one containing only known species which produce butyric acid, a second butyric acid-producing consortia containing only acetogenic Clostridiales, and a third containing both acetogenic and non-acetogenic Clostridiales. Acetogenic microbes are unique because they can consume CO2.“The objective of this study was to examine the dose response of these consortia delivered by in ovo feeding on hatch performance,” said Dr. Abousaad. “The libraries were injected into the amnion of fertile eggs at ~17 days of incubation with 100 µL of either saline (9%), as a control, or different microbe dosages, from 100 to 108 microbes per egg.” Dr. Abousaad added, “The non-acetogen and the mixed consortia adversely affected hatch rate due to egg explosion and embryo death, which was attributed to excessive gas production, while the acetogen-only library significantly improved the hatchability rate by 8 – 9%, compared to the control. Additionally, in ovo feeding of the acetogen-only library improved the hatch window with all eggs hatching by exactly 21 days. The saline control and other clostridial libraries needed an additional 8 hours or more for all eggs to hatch. Importantly, no significant differences in hatchling quality parameters were observed.”

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Press Release: Navios Maritime Acquisition Corporation and Navios Maritime Midstream Partners L.P. Announce Preliminary Election Results


MONACO, Dec. 11, 2018 (GLOBE NEWSWIRE) -- Navios Maritime Acquisition Corporation (“Navios Acquisition”) (NYSE:NNA) and Navios Maritime Midstream Partners L.P. (“Navios Midstream”) (NYSE:NAP) announced the preliminary results of the elections made by public unit holders of Navios Midstream regarding the consideration to be received in connection with the acquisition of Navios Midstream by Navios Acquisition (the “Acquisition”).
As announced on October 7, 2018, Navios Midstream and Navios Acquisition entered into a definitive agreement under which Navios Acquisition would acquire all of the publicly held units of Navios Midstream for shares of Navios Acquisition common stock. The Acquisition is expected to close on or about December 13, 2018. The deadline for Navios Midstream’s public unit holders to elect the form of consideration to be received in the Acquisition was 5:00 p.m. Eastern Time, on December 10, 2018 (the “Election Deadline”).As of December 10, 2018, there were approximately 20,947,418 Navios Midstream common units outstanding, of which approximately 41.9% are publicly held. Based on available information as of the Election Deadline, the preliminary merger consideration election results are as follows:Holders of approximately 22.2% of the outstanding publicly held Navios Midstream units, or 1,950,969 Navios Midstream units, elected to receive common stock.Holders of approximately 2.7% of the outstanding publicly held Navios Midstream units, or 239,220 Navios Midstream units, elected to receive preferred stock.Pursuant to the definitive acquisition agreement, holders of approximately 75.1% of the publicly held Navios Midstream units (6,586,779 Navios Midstream units) who failed to make a valid election are deemed to have elected to receive common stock.  Furthermore, since more than 80% of the outstanding publicly held Navios Midstream units elected, or are deemed to have elected, to receive common stock, it is anticipated that the common stock will be issued to all holders of the publicly held Navios Midstream units. No fractional shares of Navios Acquisition common stock will be issued. Each public holder of Navios Midstream units who would otherwise have been entitled to receive a fractional share of Navios Acquisition common stock of more than 0.5 will receive, in lieu of such fractional share, a full share of Navios Acquisition common stock. Each holder of publicly held...

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Press Release: First Foundation Bank Implements Continuity to Standardize Compliance Management


NEW HAVEN, Conn., Dec. 11, 2018 (GLOBE NEWSWIRE) -- Continuity, a leading provider of automated compliance management technology for financial institutions, today announced that Irvine, Calif.-based First Foundation Bank has successfully gone live with Continuity’s RegAdvisor®Pro and RegControls™ solutions to streamline and standardize its compliance management process.
First Foundation Bank provides private wealth management, personal banking and business banking services to its customers, and the institution has offices in California, Nevada and Hawaii. The $5.9 billion-asset bank recognized the need to identify and implement a comprehensive compliance management system to standardize and simplify its compliance processes, especially in light of the bank’s recent growth. After evaluating several vendors, the bank ultimately decided to partner with Continuity because of its modern, automated technology and deep regulatory expertise.“As our bank continues to expand, we understood that we would need to move beyond relying on spreadsheets and manual processes for compliance management,” said Nancy Smith, chief compliance officer of First Foundation Bank. “Continuity’s advanced, automated platform allows us to boost speed and ease of our compliance management, enabling our staff to focus less on tedious manual tasks and more on meaningful customer service and strategic growth-oriented activities.”Continuity’s RegAdvisor Pro platform interprets regulatory changes and disperses easily digestible summaries and pertinent action items to appropriate bank employees. By leveraging this technology, the bank has been able to simplify the compliance management process and boost accountability between departments. The platform’s wide range of pre-built compliance tools automates previously manual processes, increasing efficiencies and accuracy across the institution.“Strategic and growth-focused institutions such as First Foundation Bank understand the importance of streamlining compliance management and are proactively taking steps and investing in technology to ensure they’re well positioned for future expansion and success,” said Mike Nicastro, CEO of Continuity. “Our comprehensive compliance management system is designed to provide banks like First Foun...

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