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Monaker Group’s (MKGI) NextTrip Platform Destinations in Line with U.S. Travel Trends this Fall

Americans’ travel habits and destinations are changing, as this fall’s trends show a significant increase among alternative destinations such as Cuba and South Africa, according to a recent survey (http://nnw.fm/lNf8N) by leading travel insurance comparison site Squaremouth. The changes are largely due to U.S. tourists’ growing concerns about terrorism, which have led to a major drop in the number of booked trips to Turkey amid the country’s unrest and terror attacks in recent months. The Zika virus, however, does not seem to be a major cause for concern, despite a wave of alerts from the Centers for Disease Control, as Americans are still traveling to affected destinations.

The most popular international destination this fall remains Italy, while South Africa has reported the highest growth in the list of 20 most popular places to visit since last year. With Monaker Group, Inc.’s (OTCQB: MKGI) NextTrip.com, the only real-time booking platform that allows travelers access to alternative lodging rentals as well as traditional hotel accommodations, airline booking services, car rentals and more, it is easier than ever to plan a trip with your friends or family in any of this fall’s top five destinations.

Italy has grown 25 percent in popularity since last year, still topping the list of most sought-after travel destinations, according to travel insurance data compiled by Squaremouth. Two other European countries, Spain and France, also made the list of the five most popular destinations. In the wake of recent terror attacks, most notably those in Paris last November and in Nice this July, France has dropped to the fourth position, with 3.9 percent fewer travelers, while Spain has climbed to the third position with an impressive 73 percent boost in traveler numbers. Once a popular vacation spot, Turkey has seen an 80 percent drop in the number of American tourists following political unrest and an attempted coup in the country this summer, as well as recent terror attacks. The changes are not much of a surprise, given that a growing number of American travel insurance customers are specifically looking to get terrorism coverage when buying a policy. The Squaremouth survey showed that 127 percent more customers are interested in getting this type of coverage now before going on a trip.

The second most popular international destination after Italy is Mexico, with 23 percent more tourists planning to go there this fall. The country actually tops the list of Zika-affected destinations as well, although it was one of the first tourism spots to receive a CDC alert. Other top destinations with Zika virus include the Bahamas, with an overall 25 percent increase compared to last year, as well as Costa Rica and Peru. Cuba, however, has reported the highest growth, with an impressive 149 percent increase in Americans booking insurance for trips to the country despite the Zika virus. This is largely due to the fact that several U.S. commercial airlines are beginning flights to the region for the first time this fall.

The fifth most popular international destination this fall is Canada, with a 32 percent hike in the number of tourists. Other highly popular vacation spots include Japan, Portugal, Australia, and, most notably, South Africa, which has seen a remarkable 80 percent rise in travelers since last year, the highest growth among the top 20 most popular destinations.

NextTrip.com from Monaker Group allows travelers to thoroughly plan their trips to nearly all of these destinations, offering them access to alternative lodging options such as vacation home rentals, unused timeshare inventory and resort residences, alongside a wide range of hotels, airlines, cruises, tours, rental cars and concierge services. Almost all of the aspects of a trip can be arranged through the platform, which is currently the first and only real-time booking engine that combines multiple booking solutions to meet travelers’ needs. Due to its complexity and integrated approach, the platform has grown exponentially since its launch in February 2016 and currently comprises more than 250,000 vacation rental units, with one million alternative lodging units under Monaker contract to be added.

For more information, visit www.MonakerGroup.com

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OurPet’s Company (OPCO) Announces Third Licensing Agreement Related to Polymer Bonded Patent

Earlier today, OurPet’s Company (OTCQX: OPCO) announced that it has licensed its U.S. patent number 8,973,529 B1 to a major stainless steel pet bowl manufacturer based in India. This agreement marks OPCO’s third licensing deal related to the ‘529 patent since the company announced its intent to license the IP on June 9, 2016. According to this morning’s news release, OPCO is currently in ongoing negotiations with several other manufacturers regarding additional licensing agreements related to the polymer bonded patent, which was originally issued March 10, 2015.

Under the terms of the newly-announced, non-exclusive deal, the licensee will now be permitted to sell stainless steel pet bowls with polymer materials applied to any portion of the bottom, as described in the ‘529 patent. In exchange, OPCO will receive a royalty for each unit sold in the United States.

“The polymer bonding on stainless steel technology has proven very popular and has attracted many domestic and foreign competitors who have not always appreciated US patent regulations, thus necessitating legal action,” Dr. Steven Tsengas, chief executive officer of OPCO, stated in a recent news release.

In June, the company highlighted its successful defense of the ‘529 patent against a range of competitors, both international and domestic. However, as a result of the considerable time and expense related to these suits, OPCO’s management team instituted general licensing of the patent to qualified manufacturers in an effort to both expand usage of the related technology and bolster the company’s financial growth.

Since its founding in 1995, OPCO has remained committed to enhancing the bond between pets and pet parents through the development of high quality, innovative products. Today, the company boasts an intellectual property portfolio featuring more than 160 individual patents spanning the entirety of the roughly $77 billion U.S. pet industry. OPCO continued to build on its position at the forefront of the pet market earlier this year through the presentation of its new Intelligent Pet Care Bluetooth® product line and Switchgrass Natural Cat Litter™ at the SuperZoo National trade show in Las Vegas. Leaning on the marketability of these new products, as well as a sizable portfolio of proven favorites, OPCO’s management team is looking forward to a strong finish to 2016, as noted by Tsengas in a recent news release.

“Due to the seasonal nature of the pet industry, we typically experience our strongest sales in the second half of the year. We have no reason to believe this year will be any different,” he added.

For more information, visit the company’s website at www.ourpets.com

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Sully Discovery by Star Mountain Resources, Inc. (SMRS) Confirms Richness of Balmat Mine Host Rock

The announcement by Star Mountain Resources, Inc. (OTC: SMRS) of the Sully discovery validates the company’s decision to reactivate the Balmat mine. The company’s recently completed district-wide review and evaluation, which targeted zinc mineralization in the Balmat-Edwards Mining District of St. Lawrence County, New York, yielded encouraging results. The review identified significant potential zinc mineralization, labeled the ‘Sully discovery’, in the Upper Marble unit at a location approximately one mile southwest of the historic Hyatt Mine and four miles northeast of the Balmat mine. The Upper Marble unit contains the rock within which the ore deposit occurs, known as host rock in the industry. Star Mountain’s Sully discovery is important because it increases the possibility that the company is sitting on reserves greater that those indicated by already completed feasibility studies.

Out of 12 drill holes executed on the Sully target in 2007 and 2008, seven intersected massive sulfide zinc mineralization. The drilling operations revealed significant thicknesses of zinc mineralization that can be correlated over approximately 1,500 feet along strike and up to 500 feet across strike. The strike of a bed is the direction of a straight line that connects two points of equal elevation on the bed.

The richness of the results was particularly promising. The seven drill holes yielded nine readings. The percentage of zinc assayed ranged from 1.4% to 24.7%. The average of the nine readings was 11.6%; the standard deviation was 7.4%.

On the release of the findings, Star Mountain Resources President Mark Osterberg pointed out that the Balmat-Edwards District has been in near continuous production for 100 years and that, on average, every 17 years a new mine has been discovered. The company, he said, will advance its exploration efforts and is confident it can “add to the record of discovery.”

Although further studies are required to confirm the economic viability of the mineralized material, the Sully discovery, naturally, raises the chances that further significant deposits of zinc are present in the Balmat-Edwards area. The area has historically proven to be rich in zinc. Star Mountain’s mining properties there consist of four mines: Balmat, Edwards, Hyatt and Pierrepont. Edwards was in operation from 1915 to 1980; Pierrepont produced from 1982 to 2001; and Hyatt operated from 1974 to 1998. The Balmat mine operated continuously from 1930 to 2001, when production ceased due to depressed zinc metal prices. Production then resumed in 2006 until falling prices caused it to be shuttered again in the fall of 2008.

The greater Balmat-Edwards-Pierrepont district has produced in excess of 43 million tons of 9.4% zinc during its 76 years of operation, while the Balmat mine has produced 33.8 million tons of 8.6% zinc ore since operations began in 1930. It’s beginning to look as if Balmat may be just the tip of the Star Mountain iceberg.

Star Mountain Resources, Inc. is a junior exploration and mining company focused on acquiring and consolidating mining claims, mineral leases, producing mines, and historic mines with production and future growth potential. Its operations are currently focused on base metal and precious metal mining acquisitions in North America, and on re-commencing mining activities at the Balmat Zinc mine in upstate New York.

For more information, visit www.starmountainresources.com

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Moxian, Inc. (MOXC) Helping Merchants Target the Right Audiences with Intelligent Data Analytics

When it comes to social media advertising, there are a number of insights into the best way of reaching the right audience. Most experts will start by establishing a budget, choosing the right channels through which to advertise, and creating ads that they hope will kick off the process of converting viewers to customers.

Smart ads are not just posted to random audiences, but rather are tailored to reach the person that fits the criteria specified for that particular ad. WordStream (http://nnw.fm/9jAUu) emphasizes that “Targeting all of your fans isn’t precise. It’s lazy and you’ll waste a lot of money. Your fans aren’t a homogenous blob. They all have different incomes, interests, values, and preferences… Keyword targeting and other audience targeting methods help turn average ads into unicorns.” Today, social media platforms offer paid advertising that enables merchants to target specific groups with their ads. Moreover, once an ad is up and running, businesses should be looking to track and measure results.

Social media advertising is not just about the number of people clicking on an ad, but also exactly which people are doing the clicking. There are many criteria available to distinguish the target of each ad, including such factors as demographics, behavior, interest, follower stats, and keyword targeting. When it comes to social media platforms, there are a multitude of metrics that enable businesses to measure the success of their advertising, including ways to monitor click through rates, costs per click, likes, shares, frequency, and relevance. Not all of these are relevant to every ad a business posts, and it is essential to focus on the metrics that are most pertinent to a specific ad.

Moxian, Inc. (OTCQB: MOXC) is an organization that provides social media marketing and promotion platforms that help merchants accelerate and advertise their business growth through social media. The company has two apps: Moxian+ User and Moxian+ Business. Moxian’s online platform allows merchants with brick and mortar facilities to extend their marketing reach. To do this, the company has equipped its business app with tool kits to convert customers into fans.

Moxian allows small- to medium-sized organizations to conduct targeted marketing campaigns to members of the Moxian community in the form of ads. Aside from providing an advertising platform, the company also offers a range of business tools enabling merchants to know their audiences, get more customers and keep them, with intelligent data analytics tools to help businesses capture data with greater ease.

For more information, visit the company’s website at www.Moxian.com

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Star Mountain Resources, Inc. (SMRS) Positioned Perfectly to Benefit from Global Zinc Supply Plummet

A recent article, titled ‘Think zinc: Miners Bet Big On Revival In Key Base Metal Market’, by Reuters (http://nnw.fm/lJ0Ap) highlights the fact that resource companies are moving quickly to dig zinc mines as supply is becoming lower worldwide. As zinc mines are starting to run empty, prices are increasing, encouraging the start of new projects. Resource companies are feeling a sense of urgency, fearing that zinc prices will continue to rise, and new investments are continuing to pop up.

Richer mines around the world are contracting as reserves are running low, and new players are getting the chance to make a significant profit. In an interview with Reuters, Daniel Morgan, a commodities analyst from UBS, stated “There is no doubt the supply side of this market is declining and supporting the case for new mines.”

Although there are a number of variables that could affect future prices, such as China digging up more metal and the price of steel weakening, things are looking good for zinc resource companies for 2016. Mines across every continent are reopening their doors and returning to production. Supplies are especially stressed in Australia, Canada, and Ireland, and the U.S. is not far behind.

Supplies in the U.S. saw a severe drop from February to May 2016. However, the price of zinc has been on the rise since January 2016 and supplies are starting to look up, according to Zinc Investing (http://nnw.fm/AXbo2). The U.S. zinc supply has been facing a medium-term supply issue, as there are no large, advanced-stage development projects on the horizon.

With this in mind, Star Mountain Resources, Inc. (OTC: SMRS) recently acquired the Northern Zinc and Balmat Holdings Corporation, as well as St. Lawrence Zinc Company, LLC, including its mining operations in the Balmat mining district of St. Lawrence County, New York. The Balmat mining complex is a fully equipped and functional mine with a hoisting capacity of 4,000 tons per day. The operation is rubber tired, with a mobile mining fleet, as well as a mill capable of producing 5,000 tons of zinc concentrator per day, a tailings facility, a concentrate storage area, and rail and truck transportation infrastructure.

Since the acquisition of the mine in November 2015, SMRS has been gearing up to resume production, which couldn’t come at a better time since supplies are falling and prices are rising. The Balmat mine opens new doors of opportunity to Star Mountain Resources, which are expected to play a role in the company’s transition from a junior exploration firm to a full-fledged production operation in the near future.

For more information, visit www.starmountainresources.com

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Moxian, Inc. (MOXC) Targets Merchant-Customer Interaction with Proprietary Social CRM

Whether we like it or not, social media has had a major impact on how businesses interact with their customers online. It is a great avenue for businesses to get their messages out and enhance awareness of their brands. It also has a huge potential of backfiring if any possible customer complaints voiced via social platforms are not handled properly. In addition, a lot of companies are still not responsive enough on social media and rarely reply to potential customer inquiries through the channel. As a result, many businesses fail to tap the full potential of social media when it comes to understanding and consolidating their client base. That’s where social customer relationship management (CRM) programs such as the one developed for the Chinese market by Moxian, Inc. (OTCQB: MOXC) come in.

The traditional customer relationship management platform typically focuses on managing and collecting static data about customers based on phone or email interactions between company and customers. The collected information often includes contact history, past purchase data and customer demographics. With Social CRM systems, an additional layer of information is added, extracted from the social networks where a customer shares information. A Social CRM allows companies to develop a more complete profile of their customers by tracking info such as revenue and social influence. By monitoring information that the consumer shares publicly outside of the direct communication with the company, any business will be able to combine the data it already has about current or prospective customers with new info around their intentions and sentiments. This will allow companies to take action faster, project customer needs in advance and develop a customized response to each consumer group.

It was with this personalized approach in mind that Moxian set off in 2010 to create a new way of combining social media with business intelligence and entertainment. The Chinese company’s proprietary Social CRM system is at the foundation of its multi-channel social commerce platform, and was developed in such a way to help consumers and merchants interact, further allowing merchants to run targeted advertising and promotions that can then generate personalized reports.

Targeting the giant Chinese online-to-offline market, Moxian’s platform for small and medium-sized enterprises consists of two primary mobile apps: Moxian+ Business App for merchants and Moxian+ User App for shoppers, both of which are available for free download for both iOS and Android users.

The company’s business app has built in Social CRM and offers merchants a wide range of options, from setting up a store on the Moxian platform to pushing promotions through the platform and obtaining customized reports for their stores. The user app serves to introduce consumers to the platform and includes social networking capabilities, a game center and a redemption center. The app comprises Moxian’s proprietary virtual currency, MO-Points and MO-Coin, which can be earned by playing games and then used to redeem prizes from merchants or Moxian. This mechanic ultimately helps to drive registered consumers to the merchants and allows companies to advertise their services, run marketing campaigns and learn about their customers and their habits through the Moxian platform.

For more information, visit the company’s website at www.Moxian.com

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GTX Corp. (GTXO) Reports 133% YOY Increase in Subscriber Revenue as Wearable Tech Market Matures

The consumer market for wearable technology is in a period of rapid growth. According to Statista (http://nnw.fm/vYNE4), sales of wearables exceeded $2 billion in 2015, and forecasts call for sales of more than $4 billion in 2017. This growth is, of course, being led by some heavy hitters in the tech industry. Apple (NASDAQ: AAPL) launched its Apple Watch to much fanfare in April 2015, and, according to Juniper Research (http://nnw.fm/5TAqW), the company had successfully secured 52 percent market share in the burgeoning smartwatch space by the end of that calendar year. In recent months, however, sales have begun to slow. According to a report from market research firm IDC, Apple Watch sales have already dropped 55 percent since the product’s launch, likely due to anticipated hardware updates in the coming months.

Apple is far from alone in its efforts to bring innovation to the wearable technology space. Google (NASDAQ: GOOG; GOOGL) also entered the market with its innovative Google Glass prototype smart glasses back in 2013. Although the company announced intentions to discontinue sales of the product in January 2015, it would be shortsighted to refer to the project as an outright failure. Shortly after Google’s announcement last year, AugmentedReality.org predicted that sales of smart glasses would reach $1 billion in shipments by 2020 and surpass shipments of mobile phones within the next decade (http://nnw.fm/t0bH4). Meanwhile, Google has remained committed to leading future developments in the space, filing an application with the FCC for a new version of Google Glass in December 2015 (http://nnw.fm/6wqDj).

Alongside Apple and Google, other global tech leaders have thrown their hats into the wearables ring with varying degrees of success. Samsung (OTC: SSNLF), in particular, has illustrated some of the difficulties presented to established firms in targeting the wearables crowd. Despite being one of the first major tech companies to enter the wearables market, Samsung held just over eight percent of the market in 2015, according to IDC (http://nnw.fm/Uep27). The research firm expects this figure to fall to just 2.8 percent by 2019.

For investors looking to capitalize on the growth of the wearables market without being exposed to the greater tech industry, pure plays also exist. Fitbit (NYSE: FIT) is one example of a pure wearables play with a sizable share of the burgeoning market. Fitbit’s revenues have been on the rise in recent quarters, and sales more than doubled during 2015. According to an article on The Motley Fool (http://nnw.fm/Od59n), the wearables specialist is currently on track to grow an additional 35 percent this year. Still, investing in the future of Fitbit isn’t exactly cheap. The company’s PPS is currently hovering at around $14.80.

GTX Corp. (OTC: GTXO) is a more approachable option for investors seeking to diversify their portfolios in order to cash in on the forecast wearables boom. A self-described ‘pioneer in IoT wearable technology’, GTXO offers comprehensive end-to-end solutions that include location-based hardware, middleware, apps and related professional services. The company’s flagship product is the award-winning GPS SmartSole, which aims to improve the lives of the roughly six million Americans currently living with Alzheimer’s and Dementia, as well as their caregivers. By embedding a GPS tracking device into a comfortable insole, GTXO’s GPS SmartSole provides peace of mind to family members without the need for separate tracking devices and the obtrusiveness and stigma that are often associated with them.

Earlier this month, GTX Corp. released its financial results for the fiscal quarter ended June 30, 2016, which included promising growth. The company’s quarterly revenue was up 36 percent over the previous year, while subscriber revenue increased 133 percent year-over-year. In total, GTXO boasts active subscribers in more than 35 countries around the globe. The company intends to build on these results by adding new customers and subscribers, as well as through a new initiative designed to monetize its numerous intellectual property assets. In line with these initiatives, GTXO recently entered into two new master distribution agreements that will allow the company to scale distribution in certain vertical markets without significantly increasing operational expenses. Key to these efforts will be GTX Corp.’s ability to secure the capital required to keep up with market growth, as alluded to by CEO Patrick Bertagna in a recent news release.

“Lack of sufficient capital for inventory, human resources and infrastructure has been a challenge since our launch last year. It has limited our ability to order appropriate inventory thereby limiting our ability to grow as quickly as we would like,” he stated. “We believe that our increased margins and revenues, along with the new monetization IP campaign, will begin to ease our capital shortage problem. Having said that, we remain focused on building brand and product awareness on a global scale, growing our channels of distribution and increasing sales, subscription revenues and margins in all our product categories.”

For more information, visit www.GTXCorp.com

Laguna Blends, Inc. (CSE: LAG) (OTC: LAGBF) (LB6A.F) Announces Closing of First Tranche of Private Placement

Before the opening bell, Laguna Blends, Inc. (CSE: LAG) (OTC: LAGBF) (FRANKFURT: LB6A.F) announced a first tranche closing related to its non-brokered private placement. The first tranche closing included the issuance of 1,627,200 units at a price of $0.25 per unit for gross proceeds of $406,800. Each of these units includes one common share, as well as a purchase warrant entitling the holder to acquire an additional common share of Laguna’s stock at a price of $0.40, valid until August 25, 2017. Securities issued as part of the first tranche will be subject to a hold period expiring four months and one day from the original date of issuance. The Canadian Securities Exchange has granted Laguna an extension for the filing of final material related to the private placement to October 7, 2016. The company expects to close the final tranche on or before this date.

In recent weeks, Laguna has remained focused on expanding the reach of its affiliate marketing network across North America. In addition to its innovative beverage products capitalizing on the nutritional health benefits derived from hemp – including Caffe and Pro369 – the company recently entered an exclusive distribution agreement with ISO International, LLC to market, promote and distribute seven cannabidiol (CBD) skin care products developed by Cannaceuticals of California, USA (“Canna”). Through this agreement, Laguna will look to bolster the marketability of its affiliate marketing network with a line of proven skin care products while gaining access to the global skin care industry, which is estimated at $121 billion.

Laguna’s ongoing growth initiatives are being guided by an experienced management team that was recently expanded to include Bryan Loree as chief financial officer, corporate secretary and director. Through this appointment, which was announced early this month, Loree replaced Stuart Gray, the company’s founder and CEO, who was previously serving as acting CFO, adding roughly 10 years of accounting, finance and management experience to the Laguna team.

For more information, visit www.lagunablends.com

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eXp World Holdings’ (EXPI) Agent-Owned Cloud Brokerage Offers a New Deal as New Home Sales Keep Rising

eXp World Holdings, Inc. (OTCQB: EXPI) is offering Americans a 21st century new deal with its Agent-Owned Cloud Brokerage™. Back in the 1930s, Americans were, as they have been in recent times, picking up the pieces after a series of devastating economic events, but if we thought the Great Recession was bad, it’s because most of us haven’t been around long enough to remember the Great Depression. Writing in the Wall Street Journal (http://nnw.fm/Diys5), well-known financial commentator and hedge fund director Roger Lowenstein opined that ‘the world didn’t experience anything close to a global depression during the recent crisis. Peak to trough, global GDP fell 15%, world-wide, from 1929 to 1932; it fell less than 1% from 2008 to 2009.’

As part of recovery efforts back then, President Franklin D. Roosevelt launched his New Deal, under which the Federal Housing Administration (FHA) was created. The FHA was a big deal for housing since it gave rise to the vibrant housing market now estimated by the National Association of Home Builders to contribute about 15 percent of GDP (http://nnw.fm/8GTa4). The FHA set standards for construction and underwriting of mortgage loans. Its most important contribution, however, was its provision of insurance for loans for home building made by banks and other private lenders.

The FHA has become the largest insurer of mortgage loans in the world, insuring over 34 million properties since its inception in 1934. It now falls under the aegis of the Department of Housing and Urban Development. After its creation, home ownership increased. It was 44 percent in post-Depression 1940, but is now 62.9 percent, according to a July 2016 press release from the Census Bureau (http://nnw.fm/0vHQq)… and it keeps rising.

Last week, housing data for July 2016 (http://nnw.fm/oX6sp) released by the Census Bureau and the Department of Housing and Urban Development (HUD) showed that ‘private-owned housing starts in July were at a seasonally adjusted annual rate of 1,211,000… (which) is 5.6 percent above the July 2015 rate of 1,147,000.’ Private-owned houses completed ‘were at a seasonally adjusted annual rate of 1,026,000… 3.2 percent above the July 2015 rate of 994,000.’

eXp World Holdings is offering brokers, agents and prospective home owners a new deal in these still uncertain times. Its Agent-Owned Cloud Brokerage, operated by wholly-owned subsidiary eXp Realty, offers brokers and agents a full service national real estate brokerage platform with all the services offered by a traditional brick-and-mortar brokerage… but without the associated costs. It provides a novel 3-D environment in which agents and brokers can source training, educational, coaching and mentoring resources, as well as transaction and technical support.

An updated research report from Fundamental Research (http://nnw.fm/Nmzm0) issued last week details that ‘Since our previous report in May 2016, the company has expanded its membership count by 31%, from 1,204 to 1,580. The platform only had 665 real estate brokers and agents as members as of June 30, 2015.’

For buyers, things have never been easier. From the comfort of their armchairs, they can find the right agent and, through him or her, the right house. eXp Realty is currently operating in 41 states across the U.S., as well as the District of Columbia and Alberta, Canada. This new deal from eXp World Holdings looks like the real deal.

For more information, visit the company’s website at www.eXpWorldHoldings.com

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Dominovas Energy Corp. (DNRG) Finalizing Plans to Deliver RUBICON™ ‘Showcase’ Unit to the University of Johannesburg

In a recent news release, Dominovas Energy Corp. (OTCQB: DNRG) announced that it is currently in the process of finalizing plans to deliver its proprietary RUBICON™ solid oxide fuel cell (SOFC) technology to the University of Johannesburg in South Africa. Deployment of the proposed ‘showcase’ unit, which was originally announced in May, will be a first step toward the company’s ultimate goal of delivering its one-of-a-kind, multi-megawatt system to the region.

Dominovas Energy chairman and CEO Neal Allen met with officials from the University of Johannesburg late last week regarding the impending deployment of the company’s demonstration unit. In addition to determining the actual site and deployment strategy for the ‘showcase’ unit, the meetings included discussions regarding the development of a collaborative venture between the University of Johannesburg and Dominovas Energy designed to advance the study of fuel cell technology in the sub-Saharan region of Africa. Establishment of the Institute of Hydrogen Fuel Cell Technology is expected to provide “a welcome boost to the development of a new research frontier — for the vision of a future clean power supply for South Africa and the whole of Africa,” according to Professor Tien Chien Jen, director of the University of Johannesburg’s manufacturing research center.

To view photos from Allen’s time at the University of Johannesburg, visit http://nnw.fm/YUT2y

“Let there be no doubt, Dominovas Energy is committed 100% to the delivery of its ‘Showcase’ to South Africa,” Dr. Shamiul Islam, executive vice president for fuel cell operations with Dominovas Energy, stated in the news release. “I am excited to see the progress being made as necessary steps are taking place that have set the path for execution and delivery of our system.”

When deployed, Dominovas Energy’s ‘showcase’ unit will be the first SOFC unit to serve baseload capacity anywhere on the African continent. For residents of countries in sub-Saharan Africa, the company’s RUBICON™ technology will likely be a game changer in the years to come. According to a report by the International Energy Agency (http://nnw.fm/NQ6y9), more than 95 percent of the estimated 1.2 billion people who did not have access to electricity in 2013 were living in sub-Saharan Africa and developing Asia.

The RUBICON™ is expected to play a key role in providing access to reliable power generation throughout the region. The fuel-flexible power solution is capable of generating electricity from a wide variety of hydrocarbon fuels, including diesel, natural gas, propane, ethanol, methanol and bio-derived fuels. Additionally, the RUBICON™, as a stand-alone system, helps developing areas minimize the need for expensive grid construction and upkeep. This combined versatility is designed to encourage the use of natural resources instead of inefficient coal plants while greatly expanding global access to electricity.

For more information, visit www.dominovasenergy.com

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Antisense’s Moment: How Rational Design Is Rewriting Drug Development Economics

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The pharmaceutical industry has long faced sobering odds: about 90% of drug candidates fail before reaching market. For small molecules, approval rates hover at very low odds, often requiring up to two decades of development. In oncology, success rates fall to just 3%. These economics have created a bottleneck that leaves patients waiting years for […]

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