Brother of Slain Parkland Shooting Hero Aaron Feis Endorses Dr. Richard Mendelson for Broward County School Board

May 11, 2018, 9:47 am

≫ Next: Network-1 Receives New Patent from U.S. Patent Office Expanding Its M2M/IoT Patent Portfolio to 13 Issued Patents

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Broward County School Board District 6 candidate Dr. Richard Mendelson today received the endorsement of Ray Feis, brother of high school coach Aaron Feis, who was slain while protecting students during the Parkland shooting. Dr. Mendelson has pledged to improve the educational environment for students and teachers.

FORT LAUDERDALE, Fla. (PRWEB) May 11, 2018

Just weeks after announcing his campaign to serve District 6 on the Broward County School Board, Dr. Richard Mendelson today received the endorsement of his candidacy by Ray Feis, brother of the late high school coach Aaron Feis. Coach Feis died heroically after using his own body to shield students during the mass shooting that occurred at Marjory Stoneman Douglas High School, in which 17 were killed and many more injured.

"Richard has always been a passionate advocate for our local schools and was a close friend of my brother Aaron,” said Ray Feis. “I'm proud to endorse Richard’s candidacy for the Broward School Board because I know he will be a champion for positive change in our community. I strongly support his pledged commitment to working for fair pay for our teachers, requiring more accountability in the school district, and making changes in public school safety to better protect our schools, students, teachers and administrators.”

“Our family, and many others in this community, suffered terribly as a result of the Parkland shooting but I will not allow Aaron’s death to be in vain. Richard is well equipped to be the catalyst of critical changes we need in the Broward School District. As a life-long educator and former teacher for 13 years at Marjory Stoneman Douglas, there is nobody more qualified to serve as a Broward County School Board Member and leader in our community than Richard Mendelson” said Feis.

For his part, Mendelson said today that he was “honored to have the support of Ray Feis, and I pledge as a member of the Broward County School Board to tirelessly create a safe, fulfilling educational environment for our students and teachers as well as implement aggressive policies and procedures to require accountability at all levels of the school district.”

He added: “As a second-generation Broward County Public School educator and a graduate of the Broward School system, I have deep roots in this District and in this community. In the tragic Parkland attack, I lost a close friend in Aaron Feis, who was like a brother to me. I feel compelled to step forward and utilize my knowledge and experience as an educator and an expert in industrial and organizational psychology to facilitate the necessary critical changes to our school system at every level.”

“The time has come to aggressively revamp our district operations, administration, finance and culture. I am eager to be part of this process and to work with the other School Board members to effect these changes as quickly as possible” said Mendelson.

For more information on School Board Candidate Richard A. Mendelson, Ph.D., please visit: http://www.mendelsonbcps6.com/. Reported by PRWeb 4 hours ago.

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Network-1 Receives New Patent from U.S. Patent Office Expanding Its M2M/IoT Patent Portfolio to 13 Issued Patents

May 11, 2018, 10:04 am

≫ Next: SAE International Partners with MicroTek to Offer Virtual Training Room Across the Globe

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NEW YORK, May 11, 2018 (GLOBE NEWSWIRE) -- Network-1 Technologies, Inc. (NYSE AMERICAN:NTIP), a company engaged in the development, licensing and protection of intellectual property, announced today that the U.S. Patent and Trademark Office issued U.S. Patent No. 9,961,060 (“Embedded Universal Integrated Circuit Car Supporting Two-Factor Authentication”) to Network-1. The claims in the newly issued patent are generally directed towards remotely changing network access credentials using embedded Universal Integrated Circuit Cards.

The newly issued patent arises from a patent application contained in the M2M/IoT patent portfolio acquired by Network-1 in December 2017 (the “Portfolio”). The Portfolio relates to, among other things, the enabling technology for authenticating and using embedded SIM cards in next generation IoT, Machine-to-Machine, and other mobile devices, including smartphones, tablets and computers as well as automobiles and drones. With this latest issuance, the Nix Portfolio now includes thirteen (13) issued U.S. patents and nine (9) pending U.S. patent applications, plus seven (7) additional pending international patent applications. Network-1 anticipates further issuances of additional claims for this Portfolio.

ABOUT NETWORK-1 TECHNOLOGIES, INC.

Network-1 Technologies, Inc. is engaged in the development, licensing and protection of its intellectual property and proprietary technologies. Network-1 works with inventors and patent owners to assist in the development and monetization of their patented technologies. Network-1 currently owns fifty-two (52) patents covering various telecommunications and data networking technologies as well as technologies relating to document stream operating systems and the identification of media content. Network-1’s current strategy includes continuing to pursue licensing opportunities for its Remote Power Patent and its efforts to monetize two patent portfolios (the Cox and Mirror Worlds patent portfolios) acquired by Network-1 in 2013. Network-1’s acquisition strategy is to focus on acquiring high quality patents which management believes have the potential to generate significant licensing opportunities as Network-1 has achieved with respect to its Remote Power Patent and Mirror Worlds Patent Portfolio. Network-1’s Remote Power Patent has generated licensing revenue in excess of $121,000,000 from May 2007 through December 31, 2017. Network-1 has achieved licensing and other revenue of $47,150,000 through December 31, 2017 with respect to its Mirror Worlds Patent Portfolio.

This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements address future events and conditions concerning Network-1’s business plans. Such statements are subject to a number of risk factors and uncertainties as disclosed in the Network-1’s Annual Report on Form 10-K for the year ended December 31, 2017 filed with the Securities and Exchange Commission, including, among others, the material adverse effect on Network-1’s business, results of operation and cash-flow if the District Court issues an order confirming the HP Jury Verdict and finding certain claims of the Remote Power Patent obvious (invalid) and Network-1 is unable to overturn the District Court order on appeal to the Federal Circuit, the risk that Network-1 will not continue to receive material royalty revenue from licensees of its Remote Power Patent, the uncertainty of Network-1’s revenue stream, the ability of Network-1 to successfully execute its strategy to acquire high quality patents with significant licensing opportunities, Network‑1's ability to achieve revenue and profits from its Cox Patent Portfolio, its recently acquired M2M/IoT Patent Portfolio and additional revenue and profit from its Mirror Worlds Patent Portfolio as well as intellectual property it may acquire in the future, the ability of Network-1 to enter into additional license agreements, uncertainty as to whether cash dividends will continue be paid, the uncertainty of patent litigation and proceedings at the United States Patent and Trademark Office, the difficulty in Network-1 verifying royalty amounts owed to it by its licensees, Network-1's ability to enter into strategic relationships with third parties to license or otherwise monetize their intellectual property, the risk in the future of Network-1 being classified as a Personal Holding Company, future economic conditions and technology changes and legislative, regulatory and competitive developments. Except as otherwise required to be disclosed in periodic reports, Network-1 expressly disclaims any future obligation or undertaking to update or revise any forward-looking statement contained herein.

Corey M. Horowitz, Chairman and CEO
Network-1 Technologies, Inc.
(212) 829-5770

Reported by GlobeNewswire 4 hours ago.

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SAE International Partners with MicroTek to Offer Virtual Training Room Across the Globe

May 11, 2018, 10:46 am

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SAE International announces a pilot program in partnership with MicroTek that will offer professional development courses via virtual training rooms, accessible all over the world.

WARRENDALE, Pa. (PRWEB) May 11, 2018

SAE International announces a pilot program in partnership with MicroTek that will offer professional development courses via virtual training rooms, accessible all over the world.

For the pilot program, three SAE International instructors will present a course at a MicroTek facility in El Segundo, Calif. combining both in-class and remote participants. Virtual students will have the ability to both interact with the instructor and fellow in-class students as if they were physically in the classroom.

SAE pilot courses include:· C1603 - Introduction to Highly Automated Vehicles – July 23-24
· C1410 - Introduction to DO-178C – Oct. 16-17, 2018
· Applying DO-254 for Avionics Hardware Development and Certification – Oct. 18-19, 2018
· C1701 - FAA Part 21 Certification Procedures for Products and Parts – Nov. 12-13 offering
· C1707 - FAA Certification, Operations and Maintenance Orientation – Nov. 14-16 offering

“The virtual classroom is the next, logical step in our efforts to provide easy-to-access, efficient and cost-effective learning options for today’s engineering professionals,” said Kevin Perry, EdD, Director of Professional Development for SAE International. “We are pleased to be partnering with MicroTek, a leader in this learning technology.”

About MicroTek Virtual Training Room
MicroTek Virtual Training Room is part of its Next Generation Classroom solution suite. Virtual Training Room combines the learning benefits of live, instructor-led training with the power and flexibility of a virtual platform. The result is an equal learning environment where remote participants experience the same collaboration, instructor interaction and learning benefits as those who are physically in the classroom.
https://twitter.com/MicroTekTrains
https://www.facebook.com/MicroTekTraining/
https://www.linkedin.com/company/microtek/

About SAE International
SAE International is a global association committed to being the ultimate knowledge source for the engineering profession. By uniting over 127,000 engineers and technical experts, we drive knowledge and expertise across a broad spectrum of industries. We act on two priorities: encouraging a lifetime of learning for mobility engineering professionals and setting the standards for industry engineering. We strive for a better world through the work of our philanthropic SAE Foundation, including programs like A World in Motion® and the Collegiate Design Series™.

http://www.sae.org Reported by PRWeb 4 hours ago.

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ET deals: Refurb Dell XPS 13 Eighth Generation Core i7 Laptop for $900

May 11, 2018, 12:26 pm

≫ Next: ULA picks an engine for its next generation rocket — just not the main one

≪ Previous: SAE International Partners with MicroTek to Offer Virtual Training Room Across the Globe

ET deals: Refurb Dell XPS 13 Eighth Generation Core i7 Laptop for $900

With a slim form factor and a focus on flexibility, these highly portable laptops are excellent fits for most consumers. Now, Dell is offering up the sleek XPS 13 with a brand new eighth generation Core i7 CPU at a very reasonable asking price.

The post ET deals: Refurb Dell XPS 13 Eighth Generation Core i7 Laptop for $900 appeared first on ExtremeTech. Reported by ExtremeTech 2 hours ago.

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ULA picks an engine for its next generation rocket — just not the main one

May 11, 2018, 12:25 pm

≫ Next: SPP Market Monitor’s Annual State of the Market Report shows competitive markets, recommends steps for enhanced flexibility and efficiency

≪ Previous: ET deals: Refurb Dell XPS 13 Eighth Generation Core i7 Laptop for $900

ULA picks an engine for its next generation rocket — just not the main one

The United Launch Alliance announced today that it had picked one of the engines it plans to use to power the company’s next generation rocket, called the Vulcan. ULA has decided to go with the RL10, an engine manufactured by Aerojet Rocketdyne, to propel the Vulcan’s upper stage, the top portion of the vehicle that deploys satellites into their final orbits during launch. It’s a big hardware decision for ULA, but the company has yet to make a much more anticipated choice for the Vulcan: which will be the main engine?

The question over the Vulcan’s main engine has loomed over the company ever since it announced plans to develop the rocket in 2014. The move to create a brand new vehicle was borne out of tense geo-political relations with... Reported by The Verge 2 hours ago.

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SPP Market Monitor’s Annual State of the Market Report shows competitive markets, recommends steps for enhanced flexibility and efficiency

May 11, 2018, 12:50 pm

≫ Next: BTL™ Announces Grant of Stock Options

≪ Previous: ULA picks an engine for its next generation rocket — just not the main one

LITTLE ROCK, Ark., May 11, 2018 (GLOBE NEWSWIRE) -- The Southwest Power Pool (SPP) Marketing Monitoring Unit (MMU) has released its 2017 Annual State of the Market Report. The report presents an overview of market design and market outcomes, assesses market performance and provides recommendations for improvement.“SPP’s markets are very competitive,” said executive director of the SPP market monitoring unit Keith Collins. “The report highlights opportunities to increase efficiencies and enhance flexibility of the system.”

Highlights from the report include:

· Market results were workably competitive, with infrequent mitigation of offers and high resource participation levels.
· Total wholesale market costs — including energy, operating reserve and uplift payments — averaged around $24/MWh in 2017, which was about 7 percent higher than in 2016. This was primarily caused by increases in energy costs.
· The incidence of negative prices doubled in 2017 to about 7 percent of all real-time intervals, up from about 3.5 percent of intervals in 2016.
· Wind generation peaked at 15.7 GW and peak wind penetration was almost 57 percent of load in December. Wind capacity increased to almost 17.6 GW in 2017, up about 9 percent from 2016.
· SPP continues to have significant excess capacity at peak loads. The MMU estimates that capacity at peak is 30 percent higher than the peak demand level in 2017.
· Combined operating reserve costs totaled $80 million last year, an increase of 28 percent over 2016. This was driven by a combination of factors including higher spinning reserve requirements and prices.
· Market prices themselves do not signal new investment in generation. Furthermore, MMU analysis shows that market revenues do not support going forward costs for coal resources.

Recommendations from the report this year can be categorized in two areas: 1) increasing market flexibility and 2) improving market efficiency. The MMU emphasizes that economics and reliability are inseparable and that an efficient wholesale electricity market provides the greatest benefit to the end user both presently and in the years to come.

For more details, the entire report can be found at https://www.spp.org/spp-documents-filings/?id=18512

For additional information, contact sppmarketmonitoring@spp.org.

About Southwest Power Pool: Southwest Power Pool, Inc. manages the electric grid and wholesale energy market for the central United States. As a regional transmission organization, the nonprofit corporation is mandated by the Federal Energy Regulatory Commission to ensure reliable supplies of power, adequate transmission infrastructure and competitive wholesale electricity prices. Southwest Power Pool and its diverse group of member companies coordinate the flow of electricity across 66,000 miles of high-voltage transmission lines spanning 14 states. The company’s headquarters are in Little Rock, Arkansas. Learn more at www.spp.org.

About the SPP Market Monitoring Unit: SPP's independent market monitor is responsible for monitoring the organization’s markets and services. The group's primary purpose is to ensure SPP's markets are efficient and fair. Specific duties include obtaining objective information about SPP's markets and services; assessing the behavior of market participants; and assessing the behavior of other markets and services that impact SPP. The market monitor is also responsible for detecting structural problems and design flaws in the operating rules, standards, procedures and practices in SPP markets. It assesses the mechanism that governs the transmission markets independently or as a result of complaints or requests for an inquiry.

*Contact:
*Keith Collins (501-482-2160, kcollins@spp.org) Reported by GlobeNewswire 1 hour ago.

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BTL™ Announces Grant of Stock Options

May 11, 2018, 12:50 pm

≫ Next: Benedict Cumberbatch brings Edward St. Aubyn's ‘Patrick Melrose’ novels to comic, debauched life

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VANCOUVER, British Columbia and LONDON, May 11, 2018 (GLOBE NEWSWIRE) -- *BTL GROUP LTD.* (TSX Venture:BTL) (“*BTL*” or the “*Company*”) announces the grant of options to acquire a total of 75,000 common shares (“*Common Shares*”) of the Company at an exercise price of CAD$5.83 per share to a director of the company, such options to vest as to one-half on May 11, 2019 and one-half on May 11, 2020. The options expire five years from the date of grant.*ABOUT BTL™** AND INTERBIT™*

Listed on the TSX Venture Exchange (TSX Venture:BTL) and operating from both Canada and the UK with offices in Vancouver, Calgary and London, BTL is a technology platform provider that owns Interbit, a next generation blockchain platform which enables business applications to be built quickly, easily and securely.

Interbit can be licensed by developers and businesses who can build and share their own applications in a trusted ecosystem, allowing them to embrace new revenue generating opportunities. Interbit meets the speed, scale and privacy that older generations of blockchain technology cannot achieve by using chain joining technology to connect multiple blockchains. It offers a simpler, more secure, new way of computing.

Website: www.btl.co & www.interbit.io
Twitter: https://twitter.com/blockchainltd & https://twitter.com/interbit
Videos: https://youtu.be/YFOH0YEHLak & https://youtu.be/eWI-0AXaZgc

For further information please contact:

*Dominic McCann, CEO*
Phone: +1 855 256 5246
Email: dominic@btl.co

Certain statements in this release are forward-looking statements, which include further development of BTL’s business relationships and business and the timing, development and success of BTL’s technologies and products, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, the development of competitive technologies, the marketplace acceptance of BTL’s technologies and products, as well as those risk factors discussed or referred to in BTL's annual Management's Discussion and Analysis for the year ended December 31, 2017 available at www.sedar.com, many of which are beyond the control of BTL. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BTL disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, BTL undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

*Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.* Reported by GlobeNewswire 1 hour ago.

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Benedict Cumberbatch brings Edward St. Aubyn's ‘Patrick Melrose’ novels to comic, debauched life

May 11, 2018, 1:21 pm

≫ Next: Intercontinental Gold and Metals Ltd. Announces Normal Course Issuer Bid

≪ Previous: BTL™ Announces Grant of Stock Options

Benedict Cumberbatch, this generation's English Actor — most people know him as Sherlock Holmes or Doctor Strange, but he plays Shakespeare too — is the star of "Patrick Melrose," a highly satisfying adaptation of five semi-autobiographical novels by Edward St. Aubyn. Premiering Saturday on Showtime,... Reported by L.A. Times 55 minutes ago.

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Intercontinental Gold and Metals Ltd. Announces Normal Course Issuer Bid

May 11, 2018, 1:35 pm

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DGAP-News: Intercontinental Gold and Metals Ltd. / Key word(s): Miscellaneous

11.05.2018 / 22:31
The issuer is solely responsible for the content of this announcement.
--------------------

Toronto, Ontario--(Newsfile Corp. - May 11, 2018) - Intercontinental Gold and Metals Ltd. (TSXV: ICAU) (the '*Company*') is pleased to announce today that it intends to proceed with a normal course issuer bid to purchase up to 877,873 of its common shares (the 'Bid').

The Company is commencing the Bid because it believes that the current market price of its common shares may not fully reflect the underlying value of the Company's business and future prospects. The Company believes that the repurchase of its common shares for cancellation is in the best interests of its shareholders because the Bid will increase the respective proportionate shareholdings and equity interests in the Company of all remaining shareholders.

As at the date hereof, the Company has 17,557,464 common shares issued and outstanding. The 877,873 common shares that may be purchased by the Company under the Bid represent approximately 5% of the Company's issued and outstanding. The Company received acceptance from the TSX Venture Exchange (the 'TSXV') to commence the Bid on May 14, 2018. The Bid will terminate on May 14, 2019, or an earlier date in the event that the number of common shares sought in the Bid has been repurchased. The Company reserves the right to terminate the Bid earlier if it feels appropriate to do so.

All common shares will be purchased on the open market through the facilities of the TSXV, and payment for the common shares will be made in accordance with TSXV policies. The price paid for the common shares will be the prevailing market price at the time of the purchase. Purchases may be suspended at any time, and no purchases will be made other than by means of open market transactions during the term of the Bid.

The Company has engaged Integral Wealth Securities to act as broker through which the Bid will be conducted.

*About **Intercontinental Gold and Metals Ltd.*

Intercontinental Gold and Metals Ltd. is a Next Generation Metals and Mining Company providing leverage to commodity prices, exploration and development success and significant growth potential for our stakeholders. Our physical commodities marketing and trading operations provide insights in global primary supply and demand trends that in turn create a strategic and competitive advantage investment and expansion opportunities on a global basis. The Company generates revenues from the purchases and sales of gold and silver (accounted for as revenue). Cost of sales is measured at the fair value of the precious metals purchased and inventory sold, which is purchased at a competitive discount from licensed artisanal and small gold miners (ASGM) in Latin America (LATAM). ASGM supply supports a sustainable revenue generation model. We are unique being the only publicly listed company servicing the LATAM ASGM market.

ON BEHALF OF THE BOARD OF DIRECTORS
*INTERCONTINENTAL GOLD AND METALS LTD.*

Gorden Glenn
President & Chief Executive Officer

For further information, please contact;
Investor Relations at 647-985-2785 or Barry Mire, Renmark Financial at 514-939-3989

*Forward Looking Statements*

This release includes certain statements that may be deemed to be 'forward-looking statements'. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expect, are forward-looking statements. Actual results or developments may differ materially from those in forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Click on, or paste the following link into your web browser, to view the associated documents http://www.newsfilecorp.com/release/34605 --------------------

11.05.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de --------------------

Language: English
Company: Intercontinental Gold and Metals Ltd.

Canada
ISIN: CA4585711068

End of News DGAP News Service Reported by EQS Group 41 minutes ago.

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ENTREC Corporation Reports AGM Voting Results

May 11, 2018, 2:17 pm

≫ Next: RGS Energy Reports First Quarter 2018 Results

≪ Previous: Intercontinental Gold and Metals Ltd. Announces Normal Course Issuer Bid

ACHESON, Alberta, May 11, 2018 (GLOBE NEWSWIRE) -- ENTREC Corporation (“*ENTREC*” or the “*Corporation*”) (TSX:ENT) reports that all of the motions put forward at its annual general meeting of shareholders held on May 10, 2018 were approved by the shareholders. The detailed results of the voting were as follows:
*Motion* *Votes For*
*Number*^(1) *%*^(2)

To fix the number of directors to be elected and appointed
at the Meeting at not more than 6. 29,873,389 99.36

To elect the following persons as directors of ENTREC for
the ensuing year.
Rod Marlin 29,360,964 97.65
John Stevens 29,362,677 97.66
Brian Tod 29,820,689 99.18
Chuck Sanders 29,363,464 97.66
Don Goodwill 29,238,464 97.24
Joe Brennan 29,820,689 99.18

To appoint Ernst & Young LLP, Chartered Accountants as
auditors of ENTREC for the ensuing year and to authorize
the directors of ENTREC to fix the remuneration of such
auditors. 30,004,214 99.79

Notes:

1. Indicates shares held or represented by proxy with instructions to vote for the motion.
2. Indicates the percentage of the total number of shares represented in person or by proxy at the meeting.

*About ENTREC*

ENTREC is a heavy haul transportation and crane solutions provider to the oil and natural gas, construction, petrochemical, mining and power generation industries. ENTREC is listed on the Toronto Stock Exchange under the symbol *ENT*.

For further information, please contact:

*John M. Stevens - President & CEO*
Telephone: (780) 960-5625

*Jason Vandenberg – CFO *
Telephone: (780) 960-5630

www.entrec.com Reported by GlobeNewswire 6 hours ago.

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RGS Energy Reports First Quarter 2018 Results

May 11, 2018, 2:17 pm

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DENVER, May 11, 2018 (GLOBE NEWSWIRE) -- RGS Energy (NASDAQ:RGSE), the exclusive worldwide licensee of POWERHOUSE™, an innovative and visually stunning solar shingle system using technology developed by The Dow Chemical Company, reported its results for the quarter ended March 31, 2018 and filed its quarterly report on Form 10-Q. RGS Energy encourages investors to read the filing for a complete report of its results for the quarter.
*Financial Summary*

($000’s omitted) *Q1 2018*
(reported*) *Q1 2017*
(reported)
*Operational Data:*
Net sales $4,243 $1,390
Total Revenue 2,822 3,663
Residential installation cycle time (days avg for quarter) 114 163
Backlog (at quarter end) 13,887 7,392
* *
*Financial Data:*
Pro Forma Cash** $4,700 $14,077
Convertible Debt** 2,000 1
Pro Forma shareholders’ equity** 6,400 17,886
Operating cash outflow (2,459) (4,152)
Net loss (4,338) (4,034)
Working capital** 3,900 15,857

*Execept where noted by an “**”
**The pro forma results present the company’s balance sheet as if the net proceeds of the $4.4 million raised on April 6, 2018 was completed on March 31, 2018.

*Management Commentary*

“We expect 2018 to be a truly transformative year for RGS,” said Dennis Lacey, CEO of RGS Energy. “We turned our focus on the tremendous market opportunity with POWERHOUSE™. This opportunity gained a huge boost last week with the new California solar mandate for new residential construction. There are also significant competitive barriers to entry with in-roof solar shingles, and we believe we have the most economical and aesthetically pleasing solution. So, as we start production and sales in this market, we expect our quarterly operating income to turn positive in 2019.”

*Conference Call *
RGS Energy will hold a conference call to discuss its first quarter 2018 financial results.

Date: Monday, May 14, 2018
Time: 4:30 p.m. Eastern time (2:30 p.m. Mountain time)
Toll-free dial-in number: 1-800-289-0438
International dial-in number: 1-323-794-2423
Conference ID: 6375171
Webcast: http://public.viavid.com/index.php?id=129765

The conference call will be webcast live and available for replay via the investor relations section of the company's website at RGSEnergy.com.

Please call the conference telephone number five minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact CMA at 1-949-432-7566.

A replay of the call will be available after 7:30 p.m. Eastern time on the same day through May 21, 2018.

Toll-free replay number: 1-844-512-2921
International replay number: 1-412-317-6671
Replay ID: 6375171

*About RGS Energy*
RGS Energy (Nasdaq:RGSE) is America’s Original Solar Company providing solar, storage and energy services whose mission is clean energy savings. The company is the exclusive manufacturer of POWERHOUSE™, an innovative in-roof solar shingle using technology developed by The Dow Chemical Company. RGS Energy also sells, designs and installs solar systems for residential homeowners, commercial businesses, non-profit organizations and government entities.

For more information, visit RGSEnergy.com and RGSPOWERHOUSE.com, on Facebook at www.facebook.com/RGSEnergy and on Twitter at twitter.com/rgsenergy. Information on such websites and the websites referred to above in this press release is not incorporated by reference into this press release.

RGS Energy is the company’s registered trade name. RGS Energy files periodic and other reports with the SEC under its official name “Real Goods Solar, Inc.”

POWERHOUSE™ is a trademark of The Dow Chemical Company, used under license.

*Forward-Looking Statements and Cautionary Statements *
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, including statements regarding RGS Energy’s results of operations and financial positions, and RGS Energy’s business and financial strategies. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they provide our current beliefs, expectations, assumptions, forecasts, and hypothetical constructs about future events, and include statements regarding our future results of operations and financial position, business strategy, budgets, projected costs, plans and objectives of management for future operations. The words “plan,” “expect,” “future,” “may,” “will” and similar expressions as they relate to us are intended to identify such forward-looking statements.

Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Forward looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward looking statements. Therefore, RGS Energy cautions you against relying on any of these forward-looking statements.

Key risks and uncertainties that may cause a change in any forward-looking statement or that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include: RGS Energy’s ability to successfully and timely commercialize POWERHOUSE™ 3.0; the ability to obtain requisite UL certification of POWERHOUSE™ 3.0; the adequacy of, and access to, capital necessary to commercialize POWERHOUSE™ 3.0; RGS Energy’s ability to satisfy the conditions and obligations under the POWERHOUSE™ 3.0 license agreement; RGS Energy’s ability to manage supply chain in order to have production levels and pricing of the POWERHOUSE™ 3.0 shingles to be competitive; the ability of RGS Energy to successfully expand its operations and employees and realize profitable revenue growth from the sale and installation of POWERHOUSE™ 3.0, and to the extent, anticipated; competition in the built-in photovoltaic solar system business; rules, regulations and policies pertaining to electricity pricing and technical interconnection of customer-owned electricity generation such as net energy metering; the continuation and level of government subsidies and incentives for solar energy; the continuation and level of utility and state incentives for solar energy; and changes in general economic, business and political conditions, including tariffs on imported solar cells and changes in the financial markets.

You should read the section entitled “Risk Factors” in our 2017 Annual Report on Form 10-K and in our Quarterly Reports on Form 10-Q, for 2017, each of which has been filed with the Securities and Exchange Commission, which identify certain of these and additional risks and uncertainties. Any forward-looking statements made by us in this press release speak only as of the date of this press release. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

*Investor Relations Contact*

Ron Both
Managing Partner, CMA
Tel 1-949-432-7566
RGSE@cma.team Reported by GlobeNewswire 6 hours ago.

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Why Google’s Pentagon mutiny should worry government contractors

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The debate at a cornerstone Silicon Valley company is rooted in idealism but it underscores a broader challenge for Greater Washington government contractors, and that’s how to transform a workplace culture to appeal to the next generation of leaders while also doing work rooted in the military-industrial complex. Reported by bizjournals 5 hours ago.

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On Mother’s Day, I worry about the world we’re leaving our kids

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As a mother and lifelong commercial fisher, I share my son’s frustration about the health of our oceans. Our generation is leaving a frightening legacy to our kids. Reported by Seattle Times 5 hours ago.

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Spirit airlines will add Wi-Fi to all its planes by 2019

May 11, 2018, 3:13 pm

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Spirit airlines will add Wi-Fi to all its planes by 2019

Budget airline Spirit will start offering Wi-Fi on its flights sometime later this year, the company announced today. Access will cost an “average price of $6.50” per flight, depending on bandwidth options and what route you’re flying. Spirit will use Ka-band high-speed satellites which should provide a fast enough connection for streaming. The rollout should be complete by summer 2019.

Spirit says the Wi-Fi experience will get even faster in the next few years since the communications group it’s working with will have access to next-generation satellites from SES. Of course, it will face tough competition between now and then, since major airlines all offer some form of “basic economy” fare that threatens the “ultra-low cost” sales... Reported by The Verge 5 hours ago.

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Kites: Age-old hobby gives new generation of fans a lift

May 11, 2018, 4:42 pm

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“I’m at peace when I’m flying” — Larry Day Reported by Seattle Times 4 hours ago.

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Beyond Ventures and Linear Capital lead US$9m investment in Insights Robotics in a move to benefit the world by embracing technological innovation

May 11, 2018, 4:09 pm

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Funding will enable Insight Robotics to build on its leadership in Asia Pacific while developing new technologies

HONG KONG, May 12, 2018 /PRNewswire/ -- Hong Kong venture capital fund Beyond Ventures has joined with Linear Capital of Shanghai to lead a US$9 million investment that will benefit forestry in national parks and other natural resources all over the world.

Other entities involved are Brizan Investments co-founded by Professor Ping K Ko - former Dean of the School of Engineering at The Hong Kong University of Science and Technology.

They are funding Insight Robotics, which pursues a mission to facilitate risk management of the world's assets by generating and making sense of data.

The company optimises management of forestry, agricultural land and oil palm plantations. It provides intelligence based on multispectral and spatial data from aerial and terrestrial sensors to facilitate early detection of man-made and natural threats to forestry.

One major outcome is enabling environmentally and economically-sustainable management of the world's national parks, as well as conservation areas and commercial forests.

The funding will enable Insight Robotics to build on its leadership in Asia Pacific, while developing new technologies. One beneficiary will be a project to develop a high-speed, high-resolution multispectral aerial survey camera designed to gather data by covering very large tracts of agricultural land. The camera's advanced data-processing algorithms yield best-in-class image quality.

Another project focuses on a big data storage application that enables fast extraction of spatial data. It tracks changes over time and drives a data-mining process carried out by smart algorithms.

All three venture capital firms share a goal with Insight Robotics to make the world a better place by embracing technological innovation.

A prime example was highlighted by Kevin Chan, Co-founder and CEO of Insight Robotics. He explained how the company was inspired by WALL-E, the science fiction movie, to design robots that are now improving fire detection to slash carbon emissions around the planet.

The significance of the breakthrough is that the deliberate burning of forests is responsible for about 30% of global carbon emissions, but some 1.5 million hectares of land are now being protected following deployment of more than 100 wildfire detection robots.

Kevin said: "We are delighted to receive funding from Beyond Ventures, Linear Capital and Brizan Investments. We are especially pleased Beyond Ventures has brought the highly-respected Linear Capital organisation on board."

Expanding on the aerial survey element of the company's forestry management efforts, he said: "Our solution facilitates the full data journey - from data generation through to harvesting, processing, storage, analytics and visualisation."

He added: "This will transform the entire risk management industry by virtue of a real-time risk assessment model. We are talking about a move from hedging financial risk with insurance, or buying commodity futures, to mitigating risk with data-generated intelligence."

Lap Man, Co-Founder and Managing Partner of Beyond Ventures, believes Insight Robotics is part of a nascent-yet-booming industry.

He said: "A new era of the service industry being served by drones is opening up and will represent a larger opportunity than the drone market itself. Insight Robotics presides over its own core technology in photogrammetry, pattern recognition and database management - all in the context of the forestry management market.

Lap Man reiterated the Beyond Ventures slogan - "From Hong Kong For Hong Kong" - and said the company is pleased to invest in a hi-tech start-up founded by a local entrepreneur who graduated from The Chinese University of Hong Kong.

He added: "We were also happy to bring in Linear Capital, which has invested extensively in the fields of artificial intelligence and big data, and holds a wealth of experience in the mainland China market."

Linear Capital VP Can Zheng said: "The Insight Robotics team has long been focused on large-scale aerial survey data processing and has accumulated in-depth hardware and software technology know-how. The application of big data technology to forestry and agriculture is still in its infancy, but the market potential is huge."

He added: "We hope development of data collection and processing technology will empower the company to provide high-calibre value-added services, such as risk assessment and management, to help its customers achieve real-time management driven by meaningful data."

Highlighting the contribution to the world made by the way Insight Robotics safeguards natural resources with intelligent threat detection, Lap Man said: "Beyond Ventures is not just about seeking return on investment - we also want to bring about a positive impact on society."

*About Beyond Ventures*

Beyond Ventures is a Hong Kong-based venture capital fund established by eGarden Ventures in partnership with locally-grown serial entrepreneurs. eGarden Ventures is a venture capital fund focused on technology, media and telecoms (TMT) and holds an 18-year investment track record in mainland China. The fund is also supported by leading investment company Hony Capital, which manages more than US$10 billion in assets.

Adopting the slogan "From Hong Kong For Hong Kong", Beyond Ventures seeks to revitalise Hong Kong's innovation ecosystem by bringing experienced venture and private equity funds together with successful entrepreneurs able to provide start-ups with mentoring support.

Running the fund is a trio comprising Alex Fang, a seasoned venture capitalist in Hong Kong and mainland China and co-founder of eGarden Ventures; Lap Man, Founder and CEO of DYXnet Group; and Marvin Hung, Vice Chairman of Hung's Group and Executive Director and CEO of Hop Hing Group Holdings Limited (stock code: 47).

Beyond Ventures is the only venture capital fund focusing solely on Hong Kong. It aims to help start-ups grow and extend their business networks throughout and beyond Hong Kong by drawing on vast experience accumulated by the founders, as well as the extensive resources held in mainland China and elsewhere by Hony Capital and eGarden Ventures. For more information about Beyond Ventures, please visit the official website at www.beyondventures.hk

*About Insight Robotics

*Insight Robotics Limited is a pioneering technology company founded in Hong Kong. The organisation underwent a restructuring exercise in 2017 in order to align more effectively with its vision and mission, while facilitating active risk management of the world's assets by generating and making sense of data - all to make the world a better and safer place. Insight Robotics develops automated technology to provide industry data-driven insights via which to quantify risks and plan accordingly. Industry professionals are able to use real-time data collected from robots and sensors - and presented by our geospatial intelligence system (GIS) platform - to contain dangerous or costly situations in a timely manner. For more information, please visit www.insightrobotics.com or email press@insightrobotics.com.

*About Linear Capital*

Linear Capital is a Shanghai-based early stage venture focused on applied data intelligence start-ups and was founded by former Facebook employee and first Chinese Engineering Manager Harry Wang, along with former JD and Tmall executive Michael Zhang. Linear Capital has invested in more than 40 start-ups in China as a major focus, as well as companies in Silicon Valley and Southeast Asia. Technologies involved include big data, DaaS (Data-as-a-Service), Fintech and AI+infrastructure. Star portfolio companies include Horizon Robotics, Rokid, Kujiale, Seeta, Sensors Data, Tongdun, Dianrong and Tezign. For more information, please go to www.linear.vc. Reported by PR Newswire Asia 4 hours ago.

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In an interplanetary first, NASA to fly a helicopter on Mars

May 11, 2018, 5:43 pm

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WASHINGTON (Reuters) - NASA said on Friday it will send a small helicopter to Mars as part of the U.S. space agency's 2020 mission to place a next-generation rover on the Martian surface, marking the first time such an aircraft will be used on another world. Reported by Reuters India 3 hours ago.

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Philly fans pass love from generation to generation

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Giants quarterback Eli Manning has years of experience playing in the City of Brotherly Love. Reported by Seattle Times 2 hours ago.

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In an interplanetary first, NASA to fly remote-controlled helicopter on Mars

May 11, 2018, 6:27 pm

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NASA said on Friday it will send a small helicopter to Mars as part of the US space agency's 2020 mission to place a next-generation rover on the Martian surface, marking the first time such an aircraft will be used on another world. Reported by Zee News 2 hours ago.

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