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ChinaNet Online Holdings, Inc. (CNET) Announces Updated 28.com Website

Today, ChinaNet Online Holdings, a leading Internet technology company focusing on providing RMB sales channel expansion service as well as entrepreneurial management and networking service, announced the launch of a major update in content, functionality and format to its subsidiary website 28.com.

28.com is a web portal that connects SME franchisors with new franchisees, Internet advertising and marketing with other value-added communication channels, brand management and sales solutions, and cloud-based management tools. The site has been revamped to include upgrades in site navigation and streamlining of its comprehensive category listings. Additionally, larger image dimensions on the site gives customers more visual area to their exhibit space.

“The new website better showcases 28.com’s products, services, and solutions,” stated George Chu, ChinaNet Online’s Chief Operating Officer. “In addition, we have included a prototype of a 3rd party-jointed developed O2O tracking system, which has demonstrated an increase in sales leads conversion rate by more than 20% within the first month of implementation and it is the first of its kind in the industry. We believe this upgrade will help to support new customer registration and increase real-time sales leads through streamlined functionality. This version better positions 28.com as a premier Internet property in the China SME community and as the largest merchant marketplace for franchise opportunity seekers in China.”

For more information on ChinaNet Online Holdings, visit www.chinanet-online.com.

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ENGlobal Corp. (ENG): A Leaner & Meaner Automation & Engineering Powerhouse Focused On Core Segments

ENGlobal’s decision to trim the fat and redouble efforts on their core automation and engineering segments, a process which began back in 2012, seems to have paid off rather well considering the 26.8% YoY jump in nine-month revenues (period ending September 27) to $81M reported earlier this month, with $5.2M in net earnings, or $0.19 per diluted share. Margins have improved sharply, while project execution across the engineering and construction, automation engineering/integration, and subsea controls/integration segments has been exceptional, with a renewed emphasis on customer service helping to sustain momentum.

For a company that specializes in a broad array of design and engineering tasks, as well as the installation, operation and maintenance of facilities (including global U.S. Defense industry turnkey automation and instrumentation solutions for diverse government and public sector interests), tight execution and relationship management is key. The company’s recent results are a testament to ENGlobal’s increasingly laser-like focus and client retention speaks volumes about how serious they are when it comes to delivering results for old and new clients alike. ENG’s efforts to hone their focus and deliver top-line results in their most profitable areas have really put a spotlight on the core engineering and automation offerings. Moreover, this focusing has allowed ENG to substantially grow their core operating areas, and this Houston-based company even managed pull down the number one slot for market return on the Houston Chronicle’s top 100 list of companies.

ENGlobal came in first this June on the Chronicle 100, an independent annual report put out by Houston’s daily newspaper, which looks at public companies throughout the city and ranks them according to overall market return performance, using criteria like annual revenue growth, total revenue, EPS, and the total return to shareholders over the span of a single year. The company’s automation team was a major component of this latest victory, as they pack years of expertise into a punch hitting hard and fast across a wide range of industries. The automation team’s ability to produce fully integrated control, process and power solutions is one of the secret’s to ENG’s success, as they are able to handle project executions in a soup-to-nuts fashion, encompassing everything from assembly, fabrication and programming, to in-house testing and documentation.

For example, earlier this year, ENG reported on a slew of automation awards totaling approximately $10M. From a large automated pipe handling concern’s award for procurement, testing and integration of drilling/pipe handling control systems (complete with programmable logic controllers for diagnostics and resident data processing systems), to a similar award for work in analyzer shelters and remote instrument enclosures by a big refiner, ENG has received and continues to receive lucrative project awards for the exemplary solutions provided by the company’s automation division. Professional execution of complete process control integration services, from drawing board to installation, are particularly key when it comes to stuff like the modular enclosures used in the more difficult areas of energy handling, recovery, and refining. Aspects of ENG’s solutions, like single-source responsibility from start to finish and consistent, standardized programming of the software utilized, are absolutely essential when it comes to things like control cabins for drilling, electrical substations, and blast-resistant process units at a refinery.

The extensive expertise of ENG’s automation team spans multiple sectors, allowing them to handle just about anything when it comes to engineering and implementing automation and control systems, as well as guiding the process from conception, through to operations and optimization. Furthermore, when it comes to system’s integration, offerings like ENGlobal’s field-proven industrial HVAC solutions, assembled and tested on-site at the company’s 80k square foot Houston facility, speak volumes about how advanced their capabilities truly are. These systems aren’t chopped and shopped commercial rebrands like you might see elsewhere, they are designed and built from the ground up to meet and even exceed precise application requirements, ranging from wall-mounted 2 ton units up to 30 ton, redundant slid-mounted units.

Another prime example of the company’s automation integration expertise is their range (250 kW to 8MW) of customized, factory built power islands for electricity generation, which can run off a variety of fuel types, from gas and liquids, to wellhead gas and distillate fuel oil. Unique fusions of all the requisite components (from micro turbines and fuel processing equipment, to onboard automation/SCADA and electrical distribution hardware) needed to realize proven, portable electrical generation, ENGlobal’s power islands can be designed, manufactured and shipped out to customers within 90 days, making them perfect for operations like remote oil and gas production, offshore platforms and a whole host of other industrial applications.

For more information on ENGlobal Corp., visit: www.ENGlobal.com

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Viggle, Inc. (VGGL) Strengthens Presence in Entertainment and Rewards Markets

Viggle is an entertainment marketing and rewards platform with an app that rewards members for watching TV shows and discovering new music. The company has developed innovative ways of building awareness and driving consumer action through targeted ad engagements, interactive units, holistic media, and experiential marketing programs.

Viggle Points are redeemed via the Viggle app or on Viggle.com for TV show, movie and music downloads. Media companies and brands benefit from this rewards model by leveraging the opportunity to promote content to drive audiences to specific programming and events, and to reach targeted and verified audiences.

Wetpaint, Viggle’s online entertainment and celebrity news destination, provides content specifically geared toward the 18-34 female demographic. Established in 2010, Wepaint has become a Top 10 entertainment Web destination for millennial women. Wetpaint uses its proprietary Social Publishing Platform to share the right content with the right audience, adapting to changing audience interests and social networking trends. The platform converts traffic-to-ad revenue by presenting advertisers with loyal, segmented audiences.

NextGuide is Viggle’s technology designed to help consumers search for, find and set reminders for TV shows and movies. NextGuide helps TV networks reach and engage their audience through the entire lifecyle of the show – from production and promotion to airing and streaming/on-demand. The technology is available for 80 shows across four major TV networks and provides 50% market coverage for Remind-to-DVR service through Comcast, DIRECTV, DISH networks and Rovi.

Additionally, Viggle’s Choose Digital subsidiary is a digital marketplace platform that allows companies to incorporate digital content into existing rewards and loyalty programs in support of marketing and sales initiatives.

Viggle recently expanded its rewards program through a partnership with M-GO, a premium digital video on demand (VOD) service and joint venture between Technicolor and DreamWorks Animation. The rewards provides Viggle members with access to an extensive library of content that includes current and popular TV shows and movies, classics, as well as pre-order season passes for new shows. In addition, new movie releases are often available two weeks before they come out on DVD.

“This is a major step forward in the value proposition of a Viggle account … We are capitalizing on the consumer trend of enjoying movies and TV on demand. This is a natural and important evolution for the Viggle brand,” Greg Consiglio, president and COO of Viggle, stated in news release announcing the M-GO partnership.

As of September 2014, the broader Viggle Platform had total reach of 26.2 million, including more than 7 million Viggle registered users. Since the platform’s launch in January 2012, Viggle members have redeemed more than $20 million in rewards for watching their favorite TV programs and listening to music. The company continues to expand its offering, thereby strengthening its position in the rapidly growing consumer rewards market.

For more information, visit www.viggleinc.com

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Net Element, Inc. (NETE) Subsidiary TOT Money Enters into Financing Agreement with Bank Otkritie

Net Element, a technology company with a focus on mobile payments and value-added transactional services in emerging countries and in the United States, has announced that its indirect Russian subsidiary, OOO TOT Money, has entered into a financing agreement with Bank Otkritie Financial Corp., one of Russia’s largest private banks. The financing meshes with the NETE’s Alfa-Bank factoring facility and provides flexibility for expanding its footprint in Russia’s transactional services market. Along with the Alfa-Bank factoring agreement, TOT Money will have in the neighborhood of $15 million of credit to assist with its growth plans.

In the terms of the three-year agreement, TOT Money will assign to Bank Otkritie its accounts receivable as security for financing in an aggregate amount of up to 200 million Russian rubles ($4.2 million USD) based on the exchange rate at close of business November 17, 2014 provided by Bank Otkritie to TOT Money. Moscow-based Bank Otkritie will also track the status of TOT Money’s account receivables and monitor timeliness of receivable payments. Chief Executive Officer, Oleg Firer, commented, “This financing agreement provides TOT Money with an added measure of flexibility and foundation needed to advance its position in the Russian mobile payments industry. We’re honored to partner with Bank Otkritie as we continue to grow this business and look forward to the opportunities which it provides.”

Net Element is a global technology-driven group specializing in mobile payments and value-added transactional services. The Company owns and operates a global mobile payments and transaction processing provider, TOT Group. TOT Group companies include Unified Payments, recognized by Inc. Magazine as the #1 Fastest Growing Private Company in America in 2012, Aptito, an emerging cloud-based point of sale payments platform and TOT Money, previously acknowledged as the #1 SMS content provider by Russia’s second largest telecommunications operator. In concert with its subsidiaries, Net Element facilitates ecommerce and adds value to mobile commerce environments. The company’s US headquarters are based in Miami, Florida and its Russian headquarters are based in Moscow.

For more information on the company, visit www.netelement.com

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LD Micro Main Event: VII is Just around the Corner – Stay Tuned to DTN for Conference Coverage

More than 230 publicly traded companies are scheduled to follow-up the Thanksgiving holiday with presentations at the highly anticipated investor conference, LD Micro Main Event: VII. From December 2-4, companies from a wide breadth of industries will convene in Los Angeles to network and make connections with several hundred investors.

For more than 12 years, LD Micro has helped micro-cap companies in traditional and emerging markets make a name for themselves in the investment community. The seventh annual Main Event conference agenda includes panel discussions, a keynote presentation by LD Micro founder Chris Lahiji, and an evening of cocktails to create an environment of innovation, networking and discussion.

From well-recognized names in the micro-cap space to lesser-known companies ready to put their name on the map, Main Event will feature high-potential plays with innovation, ideas and developments that add value to the broader market.

For those in the investment community that won’t be attending the conference, not to worry. DreamTeamNetwork (DTN) will provide real-time coverage as each presenting company starts their presentation over the course of the three-day event. As an official conference sponsor, DTN will utilize its vast social media network to keep shareholders informed on who’s who at Micro Event: VII.

For more information visit www.LDMicro.com

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Synergy Resources Corp. (SYRG) Expanding Production Footprint in Booming Denver-Julesburg Basin as Proved Reserves, Revenues Grow

The Denver-Julesburg Basin, which spans Colorado, Kansas, Nebraska and Wyoming, continues to be one of the most attractive domestic oil and gas plays available to investors, with the Wattenberg Field, centered in northeastern Colorado’s Weld County, being a particular hot spot for numerous E&Ps. The Wattenberg Gas Field is one of the biggest natural gas deposits in the entire country at around 200k BOEPD estimated and has produced well over 4T cubic feet of gas to date, mostly from the Niobrara and Codell sandstone formations, as well as the even deeper Muddy J. Projections for 2019 indicate Wattenberg will likely surpass 500k BOEPD in gas production, or roughly 50% of the gas coming out of North Dakota’s Bakken, which has ramped up equally as fast, thanks to an abundance of tight shale formations.

Oil production in Weld County in particular is up roughly 34% from last year (25.8M bbls through May) and accounts for nearly 82% of statewide oil production, according to Colorado’s Oil and Gas Conservation Commission. With solid projections that this year will meet or exceed last year’s record output (64.4M bbls), before movingly steadily higher over the next five years, the region’s biggest players like Noble Energy (NYSE:NBL), Anadarko Petroleum (NYSE:APC) and Encana (NYSE:ECA), which represent collectively around 78% of Weld County’s total oil and gas production, are looking like excellent buys as the December WTI contract slumps to around $75 a barrel.

A strong dollar and OPEC’s resistance to cut output have helped push domestic crude inventories up to four-month highs of around 381.6M bbls, even as gasoline and distillate stockpiles shrank by 1M bbls and 2.2M bbls respectively, according to a recent Bloomberg analyst survey, with December gas around $4.40 per MMBtu. These price dynamics have created a buying opportunity for investors looking to get in on the energy action moving forward, allowing them to snap up stock in some of top players in the game today, at what are relatively discounted share prices.

Meanwhile, natural gas production in Weld County is lagging approximately 5% behind 2013 figures, mostly due to a lack of takeaway infrastructure. At around 120 new wells per month being drilled in Weld County, it is clear that the exceptional rate of return E&Ps are finding here is continuing to generate mounting capital investment. The attraction is primarily due to the superb development economics found here, which are on par with the Bakken and Eagle Ford, as relatively shallow plays and short laterals combine with high BTU content, liquids-rich natural gas, as well as typically long-lived production and reserve values.

DJ-Niobrara on the whole has added another 15 drilling rigs this year, and the record-breaking output levels achieved in August (235M BOPD) are thanks in large part to a continuous surge of horizontal drilling that has been taking place since 2009, something which has even forced the start of four new crude pipeline construction projects in the last three months. Even as energy looks relatively cheaper heading into this winter, activity in the DJ Basin’s Niobrara shale is accelerating towards the 2019 projection of around 450M bbls/day. Congested takeaway logistics should be somewhat relieved by the new pipeline infrastructure that is set to come online, likely resulting in a total of roughly 600M bbls/day throughput to Cushing, Oklahoma being realized by as early as 2017.

One of the top ten oil and gas producers in Weld County, Synergy Resources (NYSE MKT: SYRG), has an easily accessible share price compared to some of the bigger players and is heavily focused on the core of the Wattenberg, with their extant production all coming from wells in the Greater Wattenberg Area. The company announced late last month that they have doubled down on their regional growth strategy, which employs low risk drilling in proven areas and either acquisition of existing wells or recompletion using advanced hydraulic stimulation techniques, with a bold new purchase agreement. The company will have expanded (post customary due diligence) their existing core Wattenberg footprint by approximately 20%, to over 35k net acres, via a $125M purchase agreement (70% cash and 30% common stock) once the deal is complete. This sizeable deal will significantly add to the company’s already enviable leasehold acreage, which spans the core Wattenberg, the NE Wattenberg Extension (over 25.7k acres in Weld and Morgan counties), and Nebraska (over 182.6k acres).

Producing assets in the new acquisition, which includes 73 operated and 11 non-operated vertical wells (with over 5k gross acres besides that have rights to the Codell and Niobrara formations), saw net production from September in the range of roughly 1.24k BOED on average, with another 190 BOED net from wells that were shut-in by other operator’s offset completions. Also included in the acquisition are 91 net horizontal PUD locations (proven undeveloped) and 35 in-process permits for operated horizontals, as well as comprehensive 3D seismic and another 2.4k gross acres bearing rights to the Muddy J (J-Sand), Shannon, and Sussex formations. Ten wells in the acquisition are currently in production and seven more (being completed) are slated to go into production before the close of 2014, priming the pump for a noteworthy increase to SYRG’s already superb oil and gas portfolio.

The purchase agreement comes fast on the heels of mid-October’s proved reserve evaluation, which showed a 133% year-over-year jump to 32.2M BOE, with a 126% rise in the PV10 value of the company’s proved reserves, to around $534M. Roughly 61% of SYRG’s portfolio reserve value is in the proved developed producing (PDP) and proved developed non-producing (behind pipe) categories, with the remainder being proved undeveloped reserves and the overall volume being evenly split between gas (including natural gas liquids) and oil. The co-CEO of SYRG, William E. Scaff, Jr., chalked the company’s increasing proved reserves growth up to their multi-rig horizontal drilling program and noted that prior to the latest acquisition, Synergy had thirty plus PDP operated horizontals in their third party (Ryder Scott Company) reserve report.

Given that SYRG had three rigs in operation as of mid-October this year and disclosed plans to have another 30 to 35 horizontal wells in production by late 2015, prior to their recent purchase agreement, the company is clearly on track for success, especially considering their use of a $75 net oil price in calculating their fiscal 2014 and 2015 strategic and budgetary guidance. Synergy’s other co-CEO, Ed Holloway, even noted late last month that recent operating analysis, using $60 net oil and $4 net gas, indicated EBITDA margin on revenue of over 60%, even without factoring in lower drilling/servicing costs which would be associated with lower commodity prices. Synergy posted a 125% year-over-year revenue increase last month for FY14, driven by a 103% increase in production and a 11% rise in the company’s realized average BOE selling price.

For more information on Synergy Resources, visit: www.SYRGinfo.com

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ENGlobal Corp.’s (ENG) Game-Changing Solution for Subsea Projects Worldwide

ENGlobal is an engineering services firm that specializes in oil and gas automation solutions, subsea control systems and engineering and construction projects. Housed within its Subsea Controls and Integration (SCI) group is the company’s patented Universal Master Control Station (UMCS), the result of a collaborative development effort with a major global oil company that recognized an important need in the offshore oil and gas industry.

In offshore oil and gas projects, subsea equipment vendors are responsible for the topsides (the upper half of an offshore oil platform) subsea controls component. In developments with multiple vendors, operators have to work with multiple topsides subsea controls components, creating the need for an integrated solution to streamline operations. This is where ENGlobal’s UMCS, developed in collaboration with the major oil company, is emerging as an ideal solution for many subsea projects.

ENGlobal’s UMCS includes standardized and secure communication interfaces between major vendors of subsea equipment, distributed control systems and topside equipment, providing seamless integration of critical control execution and data monitoring. As a result, the solution offers savings in design and acceptance testing by requiring less time to build and interface with topside systems and components.

In the company’s own words, “UMCS is a start departure from the historic uniquely customized subsea control systems of the past.” The technology monitors and controls subsea control pods at the wellhead from multiple subsea equipment providers without disturbing the subsea vendor’s innate communication protocol.

In terms of architecture and connectivity, the UMCS interface is comprised of three main layers (HMI, logic/control and subsea communications) and two complete and segregated channel networks to create a dual redundant architecture that eliminates any single point of failure and provides a smooth transfer from the failed to healthy channel network.

Demonstrative of its many features, ENGlobal reports that UMCS has effectively cut engineering time by 80% in regards to system and design fabrication, software development, human machine interface graphic creation, subsea communications interface, and EPU/HPU interface.

To-date, ENGlobal’s UMSC/UMC project experience includes several industry giants such as Anadarko, Chevron, ExxonMobil, HESS and more.

ENGlobal’s UMCS is just a brush stroke of the company’s broader picture and mission to become the preferred provider of automation integration services and EPCM (engineering, procurement and construction management) projects for customers worldwide. The company is on track to achieve its goal and earlier this month reported its fourth consecutive quarter of profitability and an increase of 17% in quarterly revenues, demonstrating its ability for consistence performance both operationally and financially.

For more information visit www.englobal.com

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Net Element, Inc. (NETE) Executives Discuss Q3 Results in Recent Earnings Call

Following a strong third-quarter performance, key members of Net Element’s executive team conducted an earnings call to discuss the company’s quarterly financial and operational results as well as expectations moving forward. Company Chief Executive Officer Oleg Firer began the call with a review of significant third-quarter achievements that resulted in a stronger balance sheet and suite of merchant solutions.

Read the full transcript here: http://seekingalpha.com/article/2690025-net-elements-nete-ceo-oleg-firer-on-q3-2014-results-earnings-call-transcript

Net Element, a technology-driven group specializing in mobile payments and value-added transactional services for consumer convenience, in the third quarter alone eliminated more than $15 million of debt from its balance sheet via a debt exchange transaction with Crede Capital. The company also secured $11 million in financing from Alfa-Bank, which the company intends to use to accelerate its growth in the Russian market, and announced the availability of Apple Pay to merchants using the company’s Unified Payments offering.

“We are pleased with our third-quarter performance, which includes significant debt reduction and narrowed quarterly loss. In Russia, we have successfully restructured the business and are confident in a significant quarter-over-quarter growth an ongoing basis,” said Firer.

“Pivoting from a strong balance sheet, our activities and improvement have set the pace for continued growth and demonstrate our commitment to increasing company value. Third quarter of 2014 was very busy quarter for us which I believe had positive impact on both operations and financials of the company. And we are well-positioned to continue to growth trend for the remainder of 2014 and into 2015.”

Net Element reported an adjusted loss (non-GAAP) for the third quarter at $2.2 million, or a loss of $0.05 per share, compared to a loss of $3.4 million, or a loss of $0.11 per share, for the comparable quarter of 2013. Revenues were approximately $6 million compared to $6.5 million a year ago. The company attributes the decrease in revenues primarily to its business in Russia, which Chief Executive Officer Jonathan New said “is now back and poised for future growth.”

“That business continues to rebuild and we are rebuilding it with more control and a lot less risk. So we are so far pretty pleased with what’s happening,” New commented.

For the nine months ended September 30, 2014, Net Element reported cash provided by operating activities at nearly $3 million and debt at $3.3 million vs. $21 million at December 31, 2013.

In response to inquiry from Zacks Investment Research senior equity research analyst Lisa Thompson during the Q&A session of the call, New discusses the company’s gross margins, which are currently in the 14%-17% range. He also comments on the company’s interest expenses of approximately $120,000-$160,000 per quarter, an improvement over the figures prior to the company’s significant debt reduction.

After brief discussion about Net Element’s recently launched version 2.0 for Aptito, which Firer said is already being picked up by independent resellers, the CEO commented on the company’s activities in the mobile payments market in Russia.

“Well, we are seeing actually an increase in mobile payment in Russia,” said Firer. “Obviously the conversion of a dollar to ruble is affecting the top line. We are however finished with the complete restructuring of the company and are currently growing our business that we believe that we are going to see tremendous growth on quarter-over-quarter basis … we have used our own funds in growth in Russia. So we have not been borrowing money on a daily basis from various facilities. And we believe the access to capital that we have in Russia is going to give us an ability to grow the business beyond levels that we have been showing to everybody’s delight.”

For more information, visit www.netelement.com

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VistaGen Therapeutics, Inc. (VSTA) Authorizes Letter of Intent with NIMH for NIH-Sponsored Phase 2 Study of AV-101 in Major Depressive Disorder

VistaGen signed a Letter of Intent to enter into a Cooperative Research and Development Agreement (CRADA) with the National Institute of Mental Health (NIMH), part of the National Institutes of Health (NIH), to collaborate on a NIMH-sponsored Phase 2 clinical study of VistaGen’s lead drug candidate, AV-101, in Major Depressive Disorder. The disorder is one of the most common in the U.S.

Both VistaGen and NIMH look to complete the CRADA next month and both commencing and completing the Phase 2 depression study in 2015.

AV-101, an oral, non-sedating, non-hallucinogenic, NMDA receptor (NMDAR) glycineB-site antagonist, is a new generation of fast-acting, glutamatergic antidepressants with potential to treat millions of depression patients who are ineffectively served by classic antidepressants. Published NIH placebo-controlled clinical trials show evidence that ketamine, a classic NMDAR channel blocker, produces rapid-onset antidepressant effects. However, intravenously administered clinical utility of ketamine and other NMDAR channel blockers has been badly limited by their potential for abuse and dissociative side effects. By regulating as opposed to blocking NMDAR, AV-101 potentially can achieve the rapid-onset antidepressant effects of ketamine and other classic NMDAR channel blockers – all without causing their serious side effects.

Dr. Carlos Zarate, Chief, Section on the Neurobiology and Treatment of Mood Disorders and Chief of the Experimental Therapeutics and Pathophysiology Branch at the NIH’s National Institute of Mental Health, is expected to be the Principal Investigator of the AV-101 Phase 2 depression study under the proposed Cooperative Research and Development Agreement.

VistaGen CEO, Shawn K. Singh noted, “Depression is a global public health concern, affecting over 350 million people worldwide, including millions in the U.S. We are pleased to be on a specific path headed toward extending our long-standing relationship with the NIH. Collaborating under the new CRADA will provide us and the NIMH with an important near term opportunity to make a major difference in the battle against depression.”

VistaGen is a clinical-stage biopharmaceutical company developing innovative medicine for depression, cancer and diseases and conditions involving the central nervous system. VistaGen’s lead drug candidate, AV-101, is a novel, potent, oral NMDAR glycineB-site antagonist entering Phase 2 clinical development focused on depression.

For additional information, visit the company’s website at www.vistagen.com

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ENGlobal Corp. (ENG) is “One to Watch”

As a top-ranked provider of energy-related automation and engineering services, ENGlobal Corp. emphasizes quality and safety to deliver innovative, energy-related automation integration services and EPCM projects for clients worldwide. Operating through two strategic business segments, ENGlobal provides its services to the energy, pulp and paper, and government sectors throughout the United States and internationally.

ENGlobal’s Automation segment provides a wide range of services related to the design, fabrication and implementation of distributed control, instrumentation and process analytical systems. Products and services supporting the environmental technology fields are also offered by the Automation segment. The Engineering (EPCM) segment provides consulting services for the development, management and execution of projects requiring professional engineering, construction management, and related support services. Within the Engineering segment, ENGlobal’s Government Services group provides engineering, design, installation and operation and maintenance of various government, public sector and international facilities, and specializes in the turnkey installation and maintenance of automation and instrumentation systems for the U.S. defense industry worldwide.

Additionally, ENGlobal’s Subsea Controls and Integration (SCI) group provides advanced process automation design, engineering service and equipment for the effective integration of communication protocols between topsides production facilities and subsea devices. The SCI team was initiated when a major global E&P company set out to standardize the subsea process control environment. In 2008, ENGlobal’s SCI group was commissioned to further develop the concept commencing with a detailed design. Working together, they defined a long-term vision and commercialization plan for a now patented Universal Master Control Station (UMCS) that could communicate to virtually any subsea equipment.

In its 29 years of operations, ENGlobal has created a global workforce of more than 400 industry leaders in a variety of fields, ranging from drafters and designers to technical specialists. The company’s highly experienced core leadership team has established a solid financial foundation and proven ability to consistently grow company revenues and value.

Key Investment Highlights

• Applying years of automation expertise and broad industry experience to customers worldwide
• Innovative, cost-effective automation, instrumentation and specialty construction projects
• Consistently ranked by Engineering News Record magazine as a Top 500 engineering design firm
• Complete range of fully integrated process, power and control solutions for projects worldwide
• Patented Universal Master Control Station™ (UMCS™) and industrial Heating, Ventilation and Air Conditioning HVAC™ solutions

For more information, visit www.englobal.com

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