GRAID Technology Named Most Innovative Flash Memory Startup, Best of Show at Flash Memory Summit 2022

GRAID Technology SupremeRAID™ recognized for sophisticated software-composed RAID data protection with record-breaking performance speeds and exceptional ROI for demanding workloads.

GRAID Technology Named FMS 2022 Best of Show Winner

SANTA CLARA, Calif., Aug. 04, 2022 (GLOBE NEWSWIRE) — GRAID Technology SupremeRAID™, the world’s first NVMe/NVMeoF RAID card to unlock the full potential of SSD performance, has been named Best of Show winner in the Most Innovative Flash Memory Startup category at Flash Memory Summit 2022.

Flash Memory Summit, the world’s largest and most prestigious storage industry conference and exposition, recognizes GRAID Technology SupremeRAID™ for cutting-edge innovation in flash memory applications. One SupremeRAID™ card can easily manage 32 direct-attached NVMe SSDs, and because it is NVMe-oF-based, no performance is lost over the network. SupremeRAID™ offloads RAID from the CPU to provide performant and robust data protection without the attendant complexity and performance cost of most current solutions.

“RAID data protection is a vital element in protecting valuable information assets, yet until now traditional RAID implementations could not unlock the full potential of enterprise SSD performance,” said Jay Kramer, Chairman of the Awards Program and President of Network Storage Advisors Inc. “We are proud to recognize GRAID Technology’s SupremeRAID™ Storage Solution, which protects direct-attached SSDs as well as SSDs connected via NVMeoF, while delivering 100 percent of available SSD performance with a single SupremeRAID™ card. It can deliver 19M IOPS and 110GB/s throughput.”

“We are honored to be named FMS 2022 Best of Show winner,” said Leander Yu, CEO of and Founder of GRAID Technology. “GRAID Technology SupremeRAID™ is quickly becoming the data protection solution of choice for Tier One OEMs and data centers worldwide. Our innovative solution provides the speed, flexibility, and unmatched TCO the market demands for the future of high-performance workloads in cutting-edge data centers.”

The Flash Memory Summit’s annual Best of Show awards are a premier opportunity for the industry to recognize innovative products and solutions that are being used in the marketplace. A record number of award submissions were received this year, making each of the categories extremely competitive.

About GRAID

GRAID Technology is headquartered in Silicon Valley, California, with an office in Ontario, CA, and an R&D center in Taipei, Taiwan. Named one of the Ten Hottest Data Storage Startups of 2021 by CRN, GRAID SupremeRAID™ performance is breaking world records as the first NVMe and NVMeoF RAID card to unlock the full potential of your SSD performance: a single SupremeRAID™ card delivers 19 million IOPS and 110GB/s of throughput. For more information on GRAID Technology, visit graidtech.com or connect with us on Twitter or LinkedIn.

About Flash Memory Summit

Flash Memory Summit showcases the mainstream applications, key technologies, and leading vendors that are driving the multi-billion dollar non-volatile memory and SSD markets. FMS remains the world’s largest event featuring the trends, innovations, and influencers driving the adoption of flash memory in demanding enterprise storage applications, as well as in smartphones, tablets, and mobile and embedded systems.

GRAID Media Contact:
Andrea Eaken (GRAID PR/Marketing)
andrea.eaken@graidtech.com

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China fires ballistic missiles into the sea off Taiwan

Unprecedented Chinese live-fire maritime drills got underway on Thursday with the People’s Liberation Army (PLA) launching ballistic missiles into the waters around Taiwan, the Taiwanese defense ministry said.

The Chinese military “launched 11 Dongfeng ballistic missiles into the northern, southern and eastern surrounding waters of Taiwan this afternoon from 13:56 hours to 16:00 hours,” the ministry said without specifying the range.

Matsu, Wuqiu, Dongyin and some other outlying islands have been put on heightened alert after the PLA fired long-range rockets in the surrounding areas, the ministry added.

Before the launch, the PLA threatened to fire missiles over Taiwan and enter the island’s territorial waters for the first time, in a scenario that analysts describe as ‘The Fourth Taiwan Strait Crisis.’

helicop.jpg
Chinese military helicopters fly past Pingtan island, one of mainland China’s closest point from Taiwan, on August 4, 2022, ahead of massive military drills off Taiwan. CREDIT: AFP

China’s ‘irrational action’

Chinese international state broadcaster CGTN said “military exercises and training activities including live-fire drills around Taiwan island” have begun.

The PLA “conducted long-range live-fire shooting training in the Taiwan Straits on Thursday at around 1:00 p.m. and carried out precision strikes on specific areas in the eastern part of the Taiwan Straits,” CGTN added.

The state-supported Global Times said the Chinese military “conducted long-range artillery live-fire shooting drills in the Taiwan Straits, striking targets on the eastern side of the Straits and achieving the expected outcome.”

Taiwan’s defense ministry said it has activated relevant defense systems, and strengthened combat readiness. 

“The Ministry of National Defense condemned this irrational action that undermines regional peace,” it said in a statement.

The maritime drills at six locations around Taiwan, that started on Thursday and last until Sunday, are set to be larger in scale than those in 1996 during the Third Taiwan Strait Crisis, and also unprecedented in many ways.

For the first time, Chinese troops are expected to enter the 12-nautical-mile (22 kilometers) waters around Taiwan which, according to the U.N. Convention on the Law of the Sea, serve as the island’s sovereign territorial waters.  

Conventional missiles are expected to be test-launched from naval vessels that are sailing to the east of Taiwan and from the mainland, according to the PLA Eastern Theater Command. 

Chinese analysts, quoted by state media, said the missiles “would fly over the island.” 

“We need to recognize that we are in a major militarized crisis, and start calling it by its name: the Fourth Taiwan Strait Crisis,” said Christopher Twomey, a China military expert at the U.S. Naval Postgraduate School who spoke to RFA in a personal capacity.

“What will get the most attention are missile tests, particularly if they land close to Taiwanese claimed waters or fly over Taiwanese territory,” he said.

2022-08-03T095220Z_719812395_RC2WOV9XGBIN_RTRMADP_3_ASIA-PELOSI.JPG
Newspapers in Beijing on Wednesday, reporting Pelosi’s visit to Taiwan and showing maps of locations where the PLA will conduct military exercises and training activities including live-fire drills. CREDIT: Reuters

High level of attention

In the Third Taiwan Strait Crisis (1995-1996), a series of missile tests was conducted by the PLA in the waters surrounding Taiwan and the PLA live ammunition exercises led to intervention by the U.S., which staged the biggest display of American military might in Asia since the Vietnam War.

“The six areas in which the PLA will execute its live-fire drills until Sunday clearly delineate a military encirclement of Taiwan. To me, it looks like a prelude or preparations for a future scenario that is not primarily focused on amphibious assault, but on blockade,” said Nadège Rolland, a senior fellow at the National Bureau of Asian Research (NBR), a U.S. private think-tank.

“If this is the case, it will not only choke Taiwan, but also directly impact Japan’s security, and the region’s civilian transit as several Asian airlines have already canceled their flights over the broader area,” said Rolland, who previously served as a senior advisor on Asian and Chinese strategic issues at the French Ministry of Defense.

“The exercises will generate a high level of attention from both Taiwan’s military and that of the United States. Both will want to ensure that the exercises are not a cover for an even more offensive action, but also will want to learn about Chinese capabilities and operational practices,” Christopher Twomey said.

The maritime drills that see PLA troops entering an area within 12 nautical miles of Taiwan were announced on Tuesday evening when Speaker of the U.S. House of Representatives Nancy Pelosi landed in Taipei for a brief but highly symbolic visit.

Pelosi is the highest-ranking U.S. official to visit the democratic island in the last 25 years.

Beijing has repeatedly condemned the visit as a “grave violation” of China’s sovereignty and integrity, and threatened the “strongest countermeasures.”

‘Irresponsible drills’

Taiwan’s defense ministry said in a statement that by announcing air-naval live-fire drills around the island, Chinese leaders “made it self-evidently apparent that they seek a cross-strait resolution by force instead of peaceful means.”

U.S. National Security Adviser Jake Sullivan in a media interview on Wednesday called the drills “irresponsible” and they would “make the chance of an incident real.”

“The actors involved are certainly the same as for the three crises in 1954, 1958 and 1995-96, but the geostrategic context is very different,” said NBR’s Nadège Rolland.

“In each of the three previous crises, the U.S. intervened militarily and the military tensions between the PRC [People’s Republic of China] and the ROC [Republic of China] were prolonged but diffused after a rapid initial escalation,” said Rolland, referring to China and Taiwan by their official names.

“It remains to be seen whether the U.S. will get involved this time,” she said, noting that if the survival of Taiwan and Japan is at stake, “it will be impossible for the U.S. not to intervene at a minimum to safeguard the freedom of the sea lanes on which transit the majority of international commerce.”

On Thursday morning, the U.S. Air Force dispatched an RC-135S reconnaissance aircraft to observe the drills but the USS Ronald Reagan, the U.S. Navy’s only forward-deployed aircraft carrier, seems to have moved north towards Japan, according to a Beijing-based think-tank that has been tracking regional military movements.

“USS Ronald Reagan and her strike group are underway in the Philippine Sea continuing normal, scheduled operations as part of her routine patrol in support of a free and open Indo-Pacific,” a U.S. Navy 7th Fleet spokesperson was quoted by Reuters as saying.

“The U.S. should monitor to ensure there isn’t greater escalation and to learn about the PLA’s practices and capabilities. Beyond that, it is important to coordinate with other regional allies,” said Christopher Twomey.  

“It will be important to also signal to allies and partners that the U.S. would be a reliable ally if military aggression is undertaken by Beijing,” the analyst said.

In his opinion, the latest developments will have “a legacy effect of deepening the militarization of the cross-strait relationship and Sino-American competition.”

Meanwhile, Nadège Rolland warned that in previous crises that involved the U.S. and China, tensions eventually abated thanks to a combination of factors including the U.S.’s military superiority over the PLA and Beijing’s overarching strategic priorities such as joining the World Trade Organization). 

“Today, both have drastically changed,” she said.

Reunification by force

The blockage-style operation seen in current military drills “could be one of the action plans taken in the future for achieving the reunification by force,” Herman Shuai, a retired Taiwan general, was quoted by China’s Global Times as saying on Wednesday.

China considers self-ruled Taiwan a Chinese province that must be reunited with the mainland at all costs.

The PLA’s Eastern Theater Command has already conducted a number of military exercises around Taiwan upon the U.S. House Speaker’s arrival.

The joint naval-air exercises which started on Tuesday and continued on Wednesday were carried out in the north, southwest and southeast waters and airspace off Taiwan, according to the PLA Daily.

Maj. Gen. Gu Zhong, deputy chief of staff of the PLA Eastern Theater Command was quoted by the newspaper as saying that Chinese troops conducted “targeted training exercises of joint blockade, strikes on land and maritime targets, airspace control operations as well as the live firing of precision-guided munitions.”

“This round of joint military operations is a necessary response to the dangerous move made by the U.S. and Taiwan authorities on the Taiwan question,” Gu was quoted as saying.

Smallpox outbreak rips through displaced persons’ camp

Smallpox, which was thought to have been eradicated in 1977, is spreading quickly across the population of an internally displaced persons (IDP) camp in Myanmar’s Kayah state.

Aid workers say more than 20 children have caught the disease, which has existed for 3,000 years and caused millions of deaths according to the World Health Organization.

Karenni Human Rights Group (KNHRG) spokesman Ko Ba Nyar, said the children have been sick and feverish since the end of last month.

“It happened in the west side [of Demoso Township],” he said “It is the rainy season and drinking water is difficult to access, especially clean water. The children might possibly have been infected because they are living together.”

The children who have been infected with smallpox are not in a serious condition, Ko Ba Nyar told RFA. He said the camp is being monitored so the disease will not spread.

A health care worker at the camp, who did not wish to be named, said the infection broke out because there is not enough clean water and the children don’t practice good personal hygiene.

“It’s cramped living here and the parents of the children don’t have much health awareness,” the health worker said. “It starts with people getting sick and vomiting, then the rash comes out. It can be transmitted to another person through these blisters. Right now, we are treating the infected children with medicine in the camp.”

The rash appeared on the faces, abdomens and backs of the infected children, according to people who are assisting with the medical treatment.

More than 1,400 displaced people from 11 villages in Demoso township are sheltering in the IDP camp.

If the displaced people have any health issues, they cannot easily go to government hospitals due to the ongoing conflict between the junta and People’s Defense Forces. Health facilities in the IDP camp are not good enough to cope with a smallpox outbreak.

Demoso township was the first place to take up arms against the junta forces following the coup on February 1, 2021.

Since then more than half of Kayah State’s population, some 200,000 people, have fled their homes due to the fighting and crackdowns by the military junta. 

China may fire missiles over Taiwan as part of live-fire drills

Unprecedented Chinese live-fire maritime drills got underway on Thursday with the People’s Liberation Army (PLA) threatening to fire missiles over Taiwan and enter the island’s territorial waters for the first time in a scenario that analysts describe as “the Fourth Taiwan Strait Crisis.”

Chinese international state broadcaster CGTN said “military exercises and training activities, including live-fire drills around Taiwan island” have begun.

Conventional missiles are expected to be test-launched from naval vessels that are sailing to the east of Taiwan and from the mainland, according to the PLA Eastern Theater Command. Chinese analysts, quoted by state media, said the missiles “would fly over the island.” 

Taiwan’s Ministry of National Defense said it is closely monitoring the situation, strengthening military alerts, and “will respond appropriately.”

The ministry said that unidentified aircraft, probably drones, were spotted over Taiwan’s Kinmen islands on Wednesday night. During the day, 22 Chinese military aircraft also crossed the median line dividing the Taiwan Strait, it said. 

On Thursday morning, the U.S. Air Force dispatched a RC-135S reconnaissance aircraft to observe the drills but the USS Ronald Reagan, the U.S. Navy’s only forward-deployed aircraft carrier, seems to have moved north towards Japan, according to a Beijing-based think-tank that has been tracking regional military movements.

“USS Ronald Reagan and her strike group are underway in the Philippine Sea continuing normal, scheduled operations as part of her routine patrol in support of a free and open Indo-Pacific,” a U.S. Navy Seventh Fleet spokesperson was quoted by Reuters as saying.

The maritime drills that see PLA troops entering an area within 12 nautical miles (22 kilometers)  of Taiwan were announced on Tuesday evening when Speaker of the U.S. House of Representatives Nancy Pelosi landed in Taipei for a brief but highly symbolic visit.

Beijiing has repeatedly condemned the visit as a “grave violation” of China’s sovereignty and integrity, and threatened “strongest countermeasures.”

Pelosi is the highest-ranking U.S. official to visit the democratic island in 25 years.

Taiwan’s defense ministry said in a statement that by announcing air-naval live-fire drills around the island, Chinese leaders “made it self-evidently apparent that they seek a cross-strait resolution by force instead of peaceful means.”

U.S. National Security Adviser Jake Sullivan, in a media interview on Wednesday, called the drills “irresponsible” and said they would “make the chance of an incident real.”

helicop.jpg
Chinese military helicopters fly past Pingtan island, one of mainland China’s closest point from Taiwan, on August 4, 2022, ahead of massive military drills off Taiwan. CREDIT: AFP

Joint military exercises

The PLA’s Eastern Theater Command already conducted a number of military exercises around Taiwan after the U.S. House Speaker’s arrival.

The joint naval-air exercises, which started on Tuesday and continued on Wednesday, were carried out in the north, southwest and southeast waters and airspace off Taiwan, according to the PLA Daily.

Maj. Gen. Gu Zhong, deputy chief of staff of the PLA Eastern Theater Command was quoted by the newspaper as saying the Chinese troops conducted “targeted training exercises of joint blockade, strikes on land and maritime targets, airspace control operations as well as the live firing of precision-guided munitions.”

“This round of joint military operations is a necessary response to the dangerous move made by the U.S. and Taiwan authorities on the Taiwan question,” Gu was quoted as saying.

The maritime drills, that started on Thursday and last until Sunday, have attracted the most attention, not least because they are set to be larger in scale than those in 1996 during the Third Taiwan Strait Crisis but also unprecedented in many ways.

For the first time, Chinese troops are expected to enter the 12-nautical-mile waters around Taiwan which, according to the U.N. Convention on the Law of the Sea, serve as the island’s sovereign territorial waters.  

“We need to recognize that we are in a major militarized crisis, and start calling it by its name: the Fourth Taiwan Strait Crisis,” said Christopher Twomey, a China military expert.

“What will get the most attention are missile tests, particularly if they land close to Taiwanese claimed waters or fly over Taiwanese territory,” he told RFA.

In the Third Taiwan Strait Crisis (1995-1996), a series of missile tests were conducted by the PLA in the waters surrounding Taiwan. The PLA live ammunition exercises led to the U.S. intervening by staging the biggest display of American military might in Asia since the Vietnam War.

CNH Industrial: periodic report on the buy-back program

London, August 3, 2022

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that, under the common share buy-back program currently in place, in the period July 25 – July 27, 2022, the Company has completed the transactions reported in aggregate based on automatic orders placed with the Company’s broker (who has made its trading decisions as to the timing of the purchases independently of the Company and on the basis of instructions given before the commencement of the Company’s closed period under the applicable regulations) as follows:

Date Number of common shares purchased Average price
per share
excluding fees
Consideration
excluding fees
Consideration (*)
excluding fees
(€) (€) ($)
July 25, 2022 184,416 11.4620 2,113,776.19 2,163,661.31
July 26, 2022 200,000 11.6114 2,322,280.00 2,351,076.27
July 27, 2022 179,355 11.4252 2,049,166.75 2,080,314.08
563,771 6,485,222.94 6,595,051.66

(*) All translations determined from Euro to US Dollar at the exchange rate reported by the European Central Bank on the date of each purchase.

After the purchases announced today and considering those previously executed under the program, the total invested amount is approximately €66,211,837.66 ($69,285,329.80) for a total amount of 5,613,049 common shares purchased.

As of July 31, 2022, the Company held 13,576,689 common shares, net of the common shares already delivered to fulfill its obligations arising from equity incentive plans.

Details of the transactions described in the table above, including the regulated markets where the purchases were made, are available on the Company’s corporate website under the Buyback Programs section at the following address: bit.ly/CNHI_Buyback.

CNH Industrial (NYSE: CNHI / MI: CNHI) is a world-class equipment and services company. Driven by its purpose of Breaking New Ground, which centers on Innovation, Sustainability and Productivity, the Company provides the strategic direction, R&D capabilities, and investments that enable the success of its global and regional Brands. Globally, Case IH and New Holland Agriculture supply 360° agriculture applications from machines to implements and the digital technologies that enhance them; and CASE and New Holland Construction Equipment deliver a full lineup of construction products that make the industry more productive. The Company’s regionally focused Brands include: STEYR, for agricultural tractors; Raven, a leader in digital agriculture, precision technology and the development of autonomous systems; Flexi-Coil, specializing in tillage and seeding systems; Miller, manufacturing application equipment; Kongskilde, providing tillage, seeding and hay & forage implements; and Eurocomach, producing a wide range of mini and midi excavators for the construction sector, including electric solutions. Across a history spanning over two centuries, CNH Industrial has always been a pioneer in its sectors and continues to passionately innovate and drive customer efficiency and success. As a truly global company, CNH Industrial’s 37,000+ employees form part of a diverse and inclusive workplace, focused on empowering customers to grow, and build, a better world.

For more information and the latest financial and sustainability reports visit: cnhindustrial.com

For news from CNH Industrial and its Brands visit: media.cnhindustrial.com

Contacts:

Media Relations
Email: mediarelations@cnhind.com

Investor Relations
Email: investor.relations@cnhind.com

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ETC Awarded $8.3 Million Contract for its Sterilization Systems Group

SOUTHAMPTON, Pa., Aug. 03, 2022 (GLOBE NEWSWIRE) — Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) Sterilization Systems Group announced it has been awarded an $8.3 million contract from an international customer. The contract includes three, fourteen pallet ethylene oxide (“EO”) sterilization chambers with automated pallet conveyance for use with the sterilization of medical devices. “This contract is another example of ETC Sterilization Systems Group repeat business in EO sterilization and system controls” states Eric Hunnicutt, ETC Director of EO Sterilizer Sales.  ETC’s Sterilization Systems Group offers Steam and Ethylene Oxide (“EO”) Sterilizer Systems, Vacuum Dryers, Software Systems, and project management services to the Medical Device, Pharmaceutical, Biotechnology, and Life Science industries. ETC’s systems are often specially designed to meet unique process systems challenges.

States Robert L. Laurent, Jr., President and CEO, “We are pleased to partner with our international customer on this award, which brings the first half of fiscal 2023 YTD orders received to $17.4 million, compared to $12.8 million through the first half of fiscal 2022.”

About ETC

ETC designs, manufactures, and sells software driven products and services used to recreate and monitor the physiological effects of motion on humans, and equipment to control, modify, simulate and measure environmental conditions. Our products include aircrew training systems (aeromedical, tactical combat, and general), disaster management systems, sterilizers (steam and gas), environmental testing and simulation systems, and other products that involve similar manufacturing techniques and engineering technologies. ETC’s unique ability to offer complete systems, designed and produced to high technical standards, sets it apart from its competition. ETC is headquartered in Southampton, PA. For more information about ETC, visit http://www.etcusa.com/.

Forward-looking Statements

This news release contains forward-looking statements, which are based on management’s expectations and are subject to uncertainties and changes in circumstances. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements, and these statements may include words such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “future”, “predict”, “potential”, “intend”, or “continue”, and similar expressions. We base our forward-looking statements on our current expectations and projections about future events or future financial performance. Our forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about ETC and its subsidiaries that may cause actual results to be materially different from any future results implied by these forward-looking statements. We caution you not to place undue reliance on these forward-looking statements.

Contact: Joseph F. Verbitski, Jr, CFO
Phone: (215) 355-9100 x1531
E-mail: jverbitski@etcusa.com