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- Find a rental
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Beautiful Royal suites **Gold Bracelets***
From $175 / night
Payment Protection
Description from the owner
Description from the owner
Bedrooms: 2/
Bathrooms: 2/
Sleeps: 4/
Type: House
The Royal Suites of Lifestyle Holidays Vacation Resort are located just a half block from the golden sands and the sparkling silvery hues of Cofresi Beach and offers spacious deluxe and standard one and two bedroom suites in a lush and tropical surrounding. Nestled inside the excellent Lifestyles Resorts, Royal Suites features six low-rise modern Mediterranean-style buildings surrounding a beautiful pool.
The resort provides a first class, five-star vacation experience. In addition to the Royal Suites swimming pool and tennis courts, our guests will enjoy other resort swimming pools, multiple pool bars and restaurants, a fully equipped gym, a ...Read more
About the owner
About the owner
Janet C.
Janet C.
- Response rate: 100%
- Response time: Within a day
- Calendar updated: 3 months ago
Overall rating:
Beautiful Royal suites **Gold Bracelets*** Puerto Plata, Dominican Republic
Additional Location Information
More About This Location
Beach or lakeside relaxation, Waterfront
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Homestay/Guardianship/Hostel/ Student pass- Study in Singapore
We are able to help you to apply for student pass in the shortest time. Do call us at no obligation. All nationalities are welcome. Live chat service available. Speak to us now!
Student pass for local government and private schools for all levels
Free education consultation! Call/ Email us now!
Call/ SMS +65 82987978 (Daily 11am to 11pm)
Skype: gratifyeducation
Education Agent for foreign student
www.studyabroadsingapore.com (Study In Singapore)
Homestay/Guardianship/Hostel/ Student pass- Study in Singapore
Posted in the Top Stories in the Blogosphere Forum
1 - 2 of 2 Comments Last updated Mar 17, 2013
Since: Oct 10
Singapore, Singapore
#1 Oct 4, 2011
Singapore, Singapore
#2 Mar 17, 2013
We are a warm and friendly family who welcomes foreigners from different cultures to come experience the Singaporean culture and improve their English language with us. We are experienced Singapore ex-government school teachers offering guardianship for Asians from Johor Bahru/Malaysia/Indonesia/Thail and/Korea/Japan studying in Singapore.
Our Objective:
We are dedicated to providing for an secure conducive environment for the foreign students to complete their educational goals.
We have set curfew of 10pm and do regular spot checks on the students to make sure that they are not with the wrong company of friends.
At all times, there is an adult in the house to take care of the needs of your kid.
We will give the parents a monthly update on their kids.
Guardianship includes :
1. Stay at fully furnished condominium (with full condo facilities like swimming pools x 3, steam rooms, tennis courts, clubhouse, BBQ pits, gym, Karaoke room, heated pool) with free wifi, laundry and room cleaning services provided.
2. Meals provided ( 2 on school days and 3 on weekends, public and school holidays)
3. Schoolwork supervision, coaching and tutoring (including educating and training students of good study habits)
Facilities: personal bed, personal desk, personal chair, wireless internet access, air-conditioning, wardrobe
Within walking distance (5-10 minutes) to Woodlands MRT, Woodlands Causeway Point Shopping Mall, Civic centre, national library, banks, eateries, etc.
Interested parties please kindly WhatsApp/sms your profile to Ms Raine at Hp : 91725226 or email : email@example.com
Thank you.
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Merger Monday Beyond $1.1B Yahoo-Tumblr Deal
May 20 (Bloomberg) -- Bloomberg's Dominic Chu looks at this morning's merger activity, headlined by the $1.1 billion Yahoo deal for Tumblr. He speaks on Bloomberg Television's "In The Loop."
Most Recent Videos
Where Are the Top Roach and Vermin Filled U.S. Cities?
41:33 - Bloomberg's Matt Miller and Olivia Sterns reports on a survey ranking the U.S. cities that have the most vermin. They speak on "Bloomberg Markets." (Source: Bloomberg)


text:
Baltimore City Police Investigate Multiple Shootings
August 1, 2014 9:39 PM
BALTIMORE (WJZ) — Baltimore police investigate two separate shootings in the city.
Authorities say a 26-year-old man walked into an area hospital with a gunshot wound to the knee. Investigators have not been able to determine where the shooting took place.
Another shooting victim was found in the 600 block of N. Monroe Street. That's where police say a 40-year-old man walking down the street was shot in the side of his body.
Both victims are being treated at the hospital and are expected to survive.
Anyone with information about either incident is asked to call 911 immediately.
Other Local News:
- Police Seeking Public's Help To Solve Deadly Beating Of Man
- More Than A Dozen Animals Found Dead In Baltimore Fire
- House Searched In Connection With Lyon Sisters' Disappearance
- Baltimore Co. Man Charged With Distributing Child Porn, Sex Offense Of A Minor
- Authorities: Woman Faces Over 150 Animal Cruelty Charges


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Beam receives a $5 M commitment from Telstra for Satellite Docking Stations and Iridium Handsets.
Beam Communications Pty Ltd, a wholly owned subsidiary of World Reach Limited (ASX: WRR), announces it has received a commitment from Telstra to purchase a minimum of USD5.1 M of Iridium based satellite docking stations and product bundles over the next 12 months. The initial shipment (valued at USD1.65 M) is expected to be fulfilled by 30 June 2012, the balance being called upon as required over the 12 month period.
With the release of Iridium Extreme, the toughest satellite handset ever made, Beam Communications has developed and manufactured a range of next-generation docking stations. Beam was the first company globally to receive certification from Iridium Satellite LLC for the docking solutions developed for this new Extreme Satellite Telephone. Beam docking solution extends the functionality of the Iridium Extreme Satellite Phones so they can be used for voice, data and tracking services indoors, in-vehicles, on vessels and in other remote locations where easy or enhanced access to satellite communications is required.
"The new order from Telstra in the Australian market is further reinforcement of Beam's global positioning as the leading provider of handset docking stations for Iridium and Inmarsat, the world's largest satellite operators, said Michael Capocchi, Managing Director at World Reach and Beam Communications. "Due to our long and close relationship with Telstra we have been able to develop these products to be user friendly and reliable which is crucial for the areas where most satellite users are"
The order follows work done by Telstra and Beam to better address the communication needs of customers in the mining, transport, emergency services, relief aid, and recreational (maritime and four wheel drive) sectors. The innovative solutions that were developed comprise Beam-designed and manufactured satellite docking stations and related accessories plus the Iridium Extreme satellite handset. Telstra is using its Enterprise, Business and Government sales force, along with its extensive retail distribution network, to provide the various solutions to customers.
Captain Claus Hyldager yesterday decided to step down as the Chief Executive Officer of Inchcape Shipping Services ("ISS").
The current Chief Financial Officer,
CME Group has lifted its declaration of force majeure at all Illinois River terminals that are regular for Chicago Board of Trade corn and soybean futures delivery,
ENL Group and FURUNO Electric Co. Ltd of Japan have announced that FURUNO has increased its investment into the New Zealand company to a total of 29.5%.
Australia to spend A$65 bln on ships and subs over 20 years; PM pledges A$40 bln for domestic shipbuilders.
Australia will spend A$89 billion ($65 billion) on
The start of production of Tallink's new generation LNG powered fast ferry for the Tallinn-Helsinki route was celebrated on the 4th of August 2015 at Meyer Turku shipyard.
South Africa could deploy power barges using gas to generate electricity to help overcome chronic supply shortages, a senior government official said on Tuesday.
The Coast Guard's latest 418-foot National Security Cutter James (WSML 754) entered Boston Harbor August 3, 2015. The James is the fifth of eight planned National
Over three dates in July, NYK hosted a safety promotion conference for shipowners and ship-management companies at the NYK head office in Tokyo and at Imabari city in Ehime prefecture.
Five people have been rescued from the Solent after their small leisure boat suffered engine failure and began taking on water.
The occupants of the boat made
Satellite services provider Intelsat S.A. has reported total revenue of $598.1 million and net income attributable to Intelsat S.A. of $60.2 million, or $0.47 per common share on a diluted basis,
McMurdo has announced PRISMA Connect, a web-based integrated fleet management system that connects ship to shore in real-time for improved communication and operational efficiencies,


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winery Quick Search
Enter a Winery Name
Our goal: Happy wine drinkers and happy wineries!
AmericanWineryGuide.com is designed to help wine drinkers discover America's best wineries, wine tasting events, and wine tourism-related businesses.
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Eating and sleeping are critical components of any wine tasting adventure! We provide a nation-wide listing of the best places for wine tourists to eat, sleep, drink and buy.
Use the American Viticultural Area (AVA) map on AmericanWineryGuide.com's homepage to explore America's best wine-making regions and the top-rated varieties for each region.
Learn about your favorite varieties, brush up on your wine tasting terms, and browse a categorized list of the best wine education and wine tourism books available.
Steamboat Wine Festival (2015)
8/05/2015 - 8/09/2015
Steamboat Springs, Colorado
V Foundation Wine Celebration (2015)
8/06/2015 - 8/09/2015
Napa, California
Nebraska Balloon & Wine Festival (2015)
8/07/2015 - 8/08/2015
Elkhorn, Nebraska
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8/07/2015 - 8/08/2015
Kirtland, Ohio
Beaver Creek Wine & Spirits Festival (2015)
8/07/2015 - 8/09/2015
Avon, Colorado
Bergstrom Winery (OR)
Cottonwood Cellars (CO)
Chappellet Winery (CA)
Stage Left Cellars (CA)
Bridgeview Vineyard & Winery (OR)
Sandhill Crane Vineyards (MI)


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Health and safety specialist jobs4,788 Jobs
People Also Searched: Environmental Health and Safety Specialist, Occupational Health and Safety Specialist, Senior Environmental Health and Safety Specialist, Senior Environmental Health and Safety Specialist, Environment Health and Safety Specialist, Health, Safety and Training Specialist, Quality Control Health and Safety Specialist, Health & Safety Specialist more
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- Safety and Occupational Health Specialist This specialty includes knowledge involving the management, administration, or operation of a safety and occupational health program or performanceEagle Ray, Inc.2.8 8 Reviews Eagle Ray, Inc.Chantilly, VA6 daysSave
- Sr. Safety & Health Specialist • Relocation support is available for this position. Savannah River Remediation, an LLC of AECOM is seeking a Sr Safety &URS Corporation2.7 1,258 Reviews URS CorporationAiken, SC22 daysSave
- Environmental Health and Safety Specialist Maintain and promote a safe and healthful work environment for all associates. Ensure compliance to legal and established system requirements. DriveGKN Driveline2.6 8 Reviews GKN DrivelineBowling Green, OH6 daysSave
- Market Safety & Health Specialist include ensuring assigned locations have fully implemented divisional safety program: safety policies; safety controls; working with locationCintas3.3 975 Reviews CintasSan Jose, CA1 daySave
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- Occupational Health, Safety and Environmental Specialist The OHSE Coordinator is responsible for overall coordination of the Shelbyville site Occupational Health, Safety and Environmental Management SystemAmcor Flexibles Europe & AmericasAmcor Flexibles Europe & AmericasShelbyville, KY15 hoursSave
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- Environmental Health And Safety Specialist shall include: employee training, emergency response, incident investigation & trend analysis, hazard identification, program development andUniveral Stainless And Alloy ProductsUniveral Stainless And Alloy ProductsBridgeville, PA2 daysSave
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text:
system administrator ii jobs near Beaverton, OR
Data Center/Systems Administrator - III
Technosoft- Hillsboro , OR
Role: Data Center/Systems Administrator - II Location: Hillsboro OR Duration: 5+ months ... control. Knowledge of data center power system i.e. PDU, 120/240v would be helpful...30+ days ago from Technosoft Corporation
Desktop Administrator II (11AM-7PM)
Eid Passport- Hillsboro , OR
**Job Summary** The Desktop Administrator II is primarily responsible for the end-user ... Passport employees. * Monitor the helpdesk system for new trouble tickets and prioritize...30+ days ago from Eid Passport
Windows Application Administrator
Rentrak- Portland , OR
Windows applications and underlying system services. Hands-on experience with ... environment. Creates and maintains system documentation on existing and new...30+ days ago from Rentrak
Systems Administrator I LeadNEW
Vectrus- Portland , OR
the operating system environment. Performs system software upgrades including planning ... following: MCSA System Administrator: Windows Server 2003, MCITP Server Administrator:...2 days ago from Vectrus
Research Assistant IINEW
Oregon Employment Department- Portland , OR
## Description Job Title Research Assistant II Department Department of Emergency ... of POLST forms into database/registry system. Participate in research efforts to...3 days ago from Oregon Employment Department
Network Security Engineer IINEW
CSI- Portland , OR
(AD) domain controllers, IDS, Exchange, and system maintenance. Periodically scan the ... Windows Server 2008, MCITP Enterprise Administrator Windows Server 2008, MCITP...1 day ago from Dice
Windows Application Administrator
Corsource- Portland , OR
Windows applications and underlying system services. Hands-on experience with ... environment. Creates and maintains system documentation on existing and new...30+ days ago from CorSource
Oracle Database Administrator - HealthSparq
Oregon Employment Department- Portland , OR
**In addition, the Database Administrator II demonstrates:** * Ability to effectively ... own work. **In addition, the Database Administrator III demonstrates:** * Ability...4 days ago from Oregon Employment Department
Web Security Infrastructure LeadNEW
Daimler Trucks North America- Portland , OR
network, and security teams. Analyze system and application software malfunctions and correct or assist in problem resolution. Write detailed documentation, standardize process,...2 days ago from Daimler Trucks North America LLC.
Web Designer IntermediateNEW
Imri Technology & Engineering Solutions- Portland , OR
System Administrator: Windows Server 2003, MCITP Server Administrator: Windows Server ... Enterprise Administrator: Windows Server 2008, MCITP Virtualization Administrator Windows...2 hours ago from AcquireTM
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text:
Spanish Word for mayor
English Word: mayor
Spanish Word: alcade, alcalde
Now you know how to say mayor in Spanish. :-)
Interested in travelling to a Spanish-speaking country? Read the travel blog below:
What a nice surprise! (San Salvador, El Salvador)
When I first said I was going to visit El Salvador there were some strange looks, then some warnings and finally some strong suggestions to travel in a tour ( preferable with an armed guard). I took the advice and signed up for a tour with a company called ' Amortours'. My contact ( this was done entirely by e-mail) was Ana Maria Chavez. She planned an incredible week for me with wonderful...
[ view entire travel blog ]
Popular Phrase: preterite forms of escribir | Spanish Course | Conjugated Verb: fruncir - to wrinkle, to pucker, to knit [ click for full conjugation ]


text:
[ Larger Image ]
Rules for Writers with Writing about Literature (Tabbed Version)
by Diana Hacker, Nancy Sommers
Spiral-bound: 752 pages
Publisher: Bedford/St. Martin's
List Price:
Availability: Usually ships in 24 hours
Editorial Reviews
Product Description
Book by Hacker, Diana, Sommers, Nancy
Related Titles
- Writing in Response
- Reading the World: Ideas That Matter (Second Edition)
- Practical Argument: A Text and Anthology
- Critical Thinking, Reading, and Writing
- The Bedford Reader
Scribendi offers Books and Software in association with Amazon.com. Portions copyright Amazon Inc. and its affiliates used under license.


text:
The Top 10 In Action Sports
01Mad Descents & Lunar Landscapes: Incredible Shots from One of Europe's Best MTB Destinations
02Eccentric Adventures Episode 4: We Risked Life And Shin At The Cotswold Olimpicks
03Why Do We Travel?
04Going Against the Brain: How Ski and Snowboard Head Injuries Re-Shaped Two Young Lives
05Easy Riders: Is This Vintage Bikes & Surfboards Festival the Coolest in Europe?
06Free Wheels East: Rejecting Society for Historic Adventure
07Eccentric Adventures Episode 3: We Took on Vikings at the Scottish Highland Games
08A Million Miles Away... In Your Own Backyard
09Brick By Brick: Camping Lego Style
10Booze and Bikes: 14 Tours That Let Combine Two of the Best Things in the World
ALWAYS RIDE FREE: Nitro Circus Special Edition Part 1
For the past 10 years, the Nitro crew has cultivated a reputation of thrills, hi-jinx and stunts. And while that has been the foundation for their wild ride, they still find pure joy and freedom in what they do. As a special part of the Astars Always Ride Free film series, we sat down with the Nitro crew and our 16MM camera and let them reflect on what Nitro was, is and will be.
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Editor's Pick
When should you get pregnant? Computer knows age to start trying
The apps that let you earn money while you holiday
Bitter truth: How we're making fruit and veg less healthy
In an effort to cater to our sweet tooth, food producers are making fruit and veg taste less bitter. The trouble is, that's making them worse for us
Home, sweet exomoon: The new frontier in the search for ET
We're fixated on the idea that life can only exist on a planet like Earth – but the most likely habitat might lie elsewhere
Nature's strangest families: Why animals adopt
Forget altruism and good intentions, in nature adoption is a cut-throat business involving deception, mistaken identity, posturing and offspring on the make
How our capacity to lie peaks in young adulthood
The ability to lie follows a distinct pattern as we age, says Bruno Verschuere, who finds ways to spot liars in the hope of building better lie detectors


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Lynn Ahrens
Jump to
To pigeonhole Lynn Ahrens as a lyricist or librettist overlooks her distinguished career as a producer of children's television. Yet it is in the former capacity that she has achieved her greatest success. The daughter of bohemian parents, Ahrens was born and raised in Manhattan. After earning a degree in journalism from Syracuse University, Ahrens embarked on a career in advertising as a copywriter and composer of jingles. When a co-worker overheard Ahrens singing, she was invited to audition to work on a children's television show. Soon thereafter, she became a contributing songwriter to "Schoolhouse Rock!" (ABC). In the late 1970s, Ahrens founded her own production company and went on to create a number of successful children's informational programs, earning an Emmy for "H.E.L.P.! (Dr. Henry's Emergency Lessons for People)", about the Heimlich maneuver, as well as nominations for "Kids Are People Too", "The Doughnuts" and "Willie Survives".
In 1982, Ahrens enrolled at the BMI Musical Theatre Workshop where she was introduced to composer Stephen Flaherty. The pair joined together for a project and a working partnership was born. Ahrens and Flaherty adapted the 1967 film "Bedazzled" as a musical. Despite earning attention for a workshop production, they were unable to secure the stage rights to the material. Their professional debut came with the children's musical "The Emperor's New Clothes" staged at TheaterworksUSA. Ahrens had proposed a musical based on "Antler", a modern tale of homesteading in South Dakota, for their first "adult" show, but the material defied musicalization. Instead, the pair turned to the novel "The Man Who Broke the Bank at Monte Carlo" which they transformed into "Lucky Stiff" (1988). A spoof of Victorian music hall shows, the musical won the Richard Rodgers Award and premiered at Playwrights Horizons, but despite a favorable review in THE NEW YORK TIMES, it only played for six weeks. (A studio recording was released in 1994.)
The second Ahrens and Flaherty musical was also based on a novel, Rosa Guy's "My Love, My Love", which in turn was loosely based on the Hans Christian Andersen fairy tale "The Little Mermaid". Perhaps coincidentally, when their version "Once on This Island" premiered, the animated Disney film of "The Little Mermaid" had become a blockbuster. With its infectious Afro-Caribbean score, "Once on This Island" became an instant hit at Playwrights Horizons and soon transferred to Broadway where it earned eight Tony Award nominations, including Best Musical, Best Book of a Musical and Best Score. With "My Favorite Year" (1992), an adaptation of the 1982 feature, Ahrens concentrated solely on lyric writing. Despite a long process of staged readings and workshops, the finished musical failed to impress audiences or critics.
By this time, the songwriting pair had begun to consider following Alan Menken and Howard Ashman to Hollywood to craft songs for animated films. During the same period, Ahrens and Flaherty were one of ten songwriting teams who were asked to submit material for a proposed musical based on E L Doctorow's novel "Ragtime". Because of other commitments, Ahrens and Flaherty had less than two weeks to complete four numbers. After just meeting the deadline for submission, they were awarded the job and produced what some critics feel is one of the best theater scores of the latter half of the Twentieth Century. "Ragtime" premiered in Toronto in 1996 to generally favorable notices and later played Los Angeles in 1997 before its 1998 Broadway opening. Just weeks before "Ragtime" began its NYC previews, the animated film "Anastasia" (1997) opened, featuring a song score by Ahrens and Flaherty. Their efforts again were generally praised and two of the songs earned Golden Globe Award nominations and were short-listed for Oscar consideration.


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Davey Richards and Eddie Edwards Expected to Debut for TNA Soon, Pre-Match AJ Styles Video
by Amish Patel - January 13, 2014
– TNA posted this video of AJ Styles discussing TNA, Dixie Carter and Magnus before his last match:
– TNA officials have been in talks with "The American Wolves" Eddie Edwards and Davey Richards for several weeks now, likely since the duo got word that WWE wouldn't be signing them.
It's expected they will be debuting for TNA soon as they have canceled some upcoming independent wrestling dates. It's possible they could appear on Thursday's live Impact Wrestling from Huntsville, Alabama.
Source: PWInsider
|Former TNA World Heavyweight Champion Demands That Dana White Apologizes For Saying Pro Wrestling Is Fake
The Hottest WWE news, photos and videos delivered to your inbox in one convenient newsletter. Sign up now and give it a try!


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Bark Less Wag More Mug
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Bark less. Wag more! Only a canine could teach us so much, so simply. Our mug starts your day right, with hot coffee and four tail-waggingly terrific words to live by.
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Kukla's Korner Hockey
Rangers Fail To Play A Full Game
by Paul on 04/17/13 at 10:58 AM ET
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from Larry Brooks of the New York Post,
The route to the playoffs has become more complex for the Rangers, who inexplicably could not deliver a 60-minute performance at a time of year when nothing less is required.
As such, the Blueshirts fell 4-2 last night to the 12th-place Flyers to fall into a numerical tie for eighth-place with Winnipeg with 46 points, though the Rangers have six games remaining to the Jets' five.
The defeat also pushed the Rangers three points behind the seventh-place Islanders, while also holding a game in hand on the suburbanites, who play their final five games on the road.
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Road rage brawl in street between Uber driver and passenger 'over clipped wing mirror'
This is the moment an Uber passenger brawled with another minicab's driver in an apparent road rage clash over a clipped wing mirror.
30 May 2013
The new boss of AstraZeneca today spent up to $443 million (£293 million) buying a US heart medicine business in a bid to resuscitate the drugmaker's dwindling pipeline of new medicines.
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The new boss of AstraZeneca took the knife to his workforce for the second time in under a week today, axing 2300 of his salesforce and administrator posts and taking the drugmaker's job losses to more than 11,000 over the past year.
21 March 2013


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|By Marketwired .
Article Rating:
|January 9, 2013 05:30 PM EST
TORONTO, ONTARIO -- (Marketwire) -- 01/09/13 -- Bauer Performance Sports Ltd. (TSX:BAU) ("BAUER" or the "Company") today announced financial results for the second quarter and six months of Fiscal 2013 ended November 30, 2012. All figures are expressed in U.S. dollars.
---------------------------------------------------------------------------- Three months Six months US$ 000,000's except per share ended ended data and % November 30 November 30 ---------------------------------------------------------------------------- Change Change vs. vs. prior prior 2012 2011 year 2012 2011 year ---------------------------------------------------------------------------- Revenue $109.6 $100.3 9% $257.9 $242.7 6% ---------------------------------------------------------------------------- Gross Profit 38.4 33.6 14% 98.7 93.1 6% ---------------------------------------------------------------------------- Adjusted Gross Profit(i) 39.7 34.2 16% 100.7 94.4 7% ---------------------------------------------------------------------------- Adjusted EBITDA(i) 14.2 9.3 53% 52.1 44.2 18% ---------------------------------------------------------------------------- Net Income (loss) 6.1 8.2 (26)% 22.1 30.9 (29)% ---------------------------------------------------------------------------- Adjusted Net Income(i) 7.3 4.4 64% 30.2 25.3 19% ---------------------------------------------------------------------------- Earnings per share (diluted) $ 0.16 $ 0.26 (38)% $ 0.61 $ 0.98 (38)% ---------------------------------------------------------------------------- Adjusted EPS(i) $ 0.20 $ 0.14 43% $ 0.84 $ 0.80 5% ---------------------------------------------------------------------------- (i)Note: Adjusted Gross Profit, Adjusted EBITDA, Adjusted Net Income and Adjusted EPS are non-IFRS measures. For the relevant definitions and reconciliations to reported results, please see "Non-IFRS Measures" at the end of this news release and in the Company's MD&A for the second quarter.
Revenues grew by 6% (9% excluding the impact of foreign exchange) to $257.9 million in the first half of Fiscal 2013 led by strong performance in several ice hockey equipment categories driven by recent new product launches. The new BAUER RE-AKT helmet helped drive 16% growth in helmets, while the success of the new BAUER NEXUS product line helped drive 11% growth in under-protective category revenues. Partially offsetting these gains was a 7% decline in goalie revenues due to the earlier launch of the new goalie product line in the 2012 Back-to-Hockey season as compared to the prior year. Lacrosse revenues increased significantly driven by the addition of sales from the recently acquired Cascade Helmets Holdings, Inc. ("Cascade") and apparel revenues grew by 27% driven by BAUER's new line of performance apparel and bags. Overall revenues from the North American market grew by 6% in the six month period ended November 30, 2012 compared to the same period last year, while sales outside North America grew by 8% in the same period. Second quarter revenues grew by 9% (10% excluding the impact of foreign exchange) due to the addition of Cascade and Inaria International, Inc. ("Inaria") revenues and continued growth in ice hockey equipment and related apparel categories, partially offset by lower sales to NHL teams as a result of the NHL lockout. Notably, apparel revenues were up 50% in the quarter (43% excluding the impact of Inaria). Revenues from the North American market were up 11% while sales outside of North America were up 5% in the second quarter.
Adjusted Gross Profit in the six month period ended November 30, 2012 increased by $6.3 million, or 7%, to $100.7 million. Adjusted Gross Profit as a percentage of revenues increased slightly to 39.0% for the six month period ended November 30, 2012 compared to 38.9% in the six month period ended November 30, 2011. During the second quarter of Fiscal 2013, Adjusted Gross Profit increased by $5.5 million, or 16%, to $39.7 million and Adjusted Gross Profit as a percentage of revenues increased to 36.2% from 34.1%. The increase in Adjusted Gross Profit as a percentage of revenues for the quarter and first half of Fiscal 2013 was driven by higher margins on ice hockey equipment, the impact of the Cascade acquisition and favourable other cost of goods sold, partially offset by the impact of higher product costs and unfavourable foreign exchange.
Year-to-date Adjusted Net Income increased by $4.9 million, or 19%, to $30.2 million and second quarter Adjusted Net Income increased by $2.9 million, or 64%, to $7.3 million. The increase in Adjusted Net Income was driven by the increase in Adjusted Gross Profit, continued benefits of operating leverage in selling, general and administrative expenses, and a favourable impact from the Company's hedging activities.
Adjusted EPS increased 5%, or $0.04, to $0.84 for the six months ended November 30, 2012 compared to the same period last year and second quarter Adjusted EPS increased 43%, or $0.06, to $0.20. Fiscal 2013 Adjusted EPS includes an unfavourable impact from the higher number of common shares outstanding as a result of the share offering in June to fund the Cascade Acquisition making our Q1 and YTD Fiscal 2013 Adjusted EPS figures not directly comparable to the prior year. Excluding the impact of the Cascade Acquisition, YTD Adjusted EPS would have been approximately $0.88 or a 10% increase over the prior year. For the full fiscal year the Company currently expects the Cascade acquisition to be accretive to Adjusted EPS, however due to the seasonality of Cascade's business - a significant amount of Cascade's income is generated during the second and third fiscal quarters of the BAUER's fiscal year - the income from Cascade in the first fiscal half does not yet offset the dilutive impact of the higher number of common shares outstanding.
"BAUER continues to deliver strong results in hockey, lacrosse and our related apparel businesses," said Kevin Davis, President and Chief Executive Officer, Bauer Performance Sports. "Our newly launched hockey equipment products and our further investment into both apparel and lacrosse are key ingredients to our current and future success. We expect that these investments, combined with our comprehensive marketing strategy and recently launched brand building initiatives, will continue to fuel our exceptional performance. Like the millions of hockey fans around the world, we are excited that the National Hockey League is returning to action. Bauer Hockey maintains an important and valuable relationship with both the NHL and its players, and the recent agreement is welcome news for everyone involved."
The Company continued to deleverage as its leverage ratio, defined as net indebtedness divided by EBITDA, was 2.69 as of November 30, 2012 compared to 2.73 as of November 30, 2011. As of November 30, 2012, BAUER had working capital of $215.1 million compared to working capital of $179.6 million as of November 30, 2011, an increase of 20%. This increase was driven by the acquisitions of Cascade and Inaria, and sales growth of 18%, 4%, and 9% in the three most recent quarters (which include the entire "Back to Hockey" 2012 booking season).
Other Recent Highlights
-- During the week of October 1, 2012 the Company held its annual BAUER World event, where leading retailers from around the world were able to see and experience the newest BAUER gear, including BAUER's latest VAPOR line of skates, new team apparel and a new line of goalie equipment. In addition to unveiling new products, the Company also launched several key corporate initiatives including: -- An objective to grow hockey participation by 1 million new players by 2022 through a unique multi-year program. Partnering with Hockey Canada, USA Hockey, and led by a cross-functional team, including Mark Messier, who joined forces with BAUER as a result of the Company's recent acquisition of Cascade, the initiative will take a leadership role in both growing participation and increasing player safety. -- The unveiling of the "OWN THE MOMENT" brand campaign, a fully integrated global initiative that focuses on the numerous moments in hockey that make the sport truly unique and special. The campaign is the first BAUER brand campaign in more than 15 years. -- On October 16, 2012 BAUER closed the acquisition of substantially all of the assets of Inaria, a global provider of team sports and active apparel for Cdn$7 million in cash. The acquisition marks the Company's entrance into the growing jersey market and provides BAUER with full team apparel capabilities, including the design, development and manufacturing of uniforms for ice hockey, roller hockey, lacrosse, soccer and other team sports, enabling the Company to become a "one- stop-shop" for its global retail partners' equipment and team apparel needs, for both ice hockey and lacrosse. -- On October 17, 2012 funds managed by Kohlberg Management VI, LLC (the "Kohlberg Funds"), BAUER's largest shareholder, completed the sale of an aggregate of 4,140,000 common shares of the Company (the "Offering") at a price of Cdn$9.90 per share. A syndicate of underwriters completed the Offering on a bought deal basis. BAUER did not receive any proceeds from the Offering. Immediately following closing, the Kohlberg Funds owned the equivalent of 41.0% of the issued and outstanding common shares on a non-diluted basis (approximately 33.8% on a fully diluted basis).
Adjusted Gross Profit, EBITDA, Adjusted EBITDA, Adjusted Net Income/Loss and Adjusted EPS are non-IFRS measures. For the relevant definitions and reconciliations to reported results, please see "Non-IFRS Measures" noted below and in the Company's MD&A for the most recent period. Working capital as used above includes trade and other receivables, inventories, and trade and other payables.
The Company's unaudited condensed consolidated interim financial statements and MD&A for the period ended November 30, 2012 have been filed with applicable regulatory authorities and are available on SEDAR at www.sedar.com and on the Company's website.
BAUER will hold its conference call to discuss its financial and operating results on January 10, 2013 at 10:00 am ET. Kevin Davis, President and CEO and Amir Rosenthal, Chief Financial Officer will host the call. Following management's presentation, there will be a question and answer session for analysts.
To access the call, please dial 1-888-437-9445 or 1-719-325-2429. The conference call will also be accessible via webcast at www.bauerperformancesports.com.
A replay of the conference call will be available from 1:00 p.m. ET on January 10, 2013, until midnight ET, January 24, 2013. To access the replay, dial 1-877-870-5176 or 1-858-384-5517, followed by passcode 6094323.
To participate in the live audio webcast, please visit the Company's website at www.bauerperformancesports.com. The webcast will also be archived on the Company's website.
Bauer Performance Sports Ltd. (TSX:BAU) is a leading developer and manufacturer of ice hockey, roller hockey, and lacrosse equipment as well as related apparel. The company has the most recognized and strongest brand in the ice hockey equipment industry, and holds the top market share position in both ice and roller hockey. Its products are marketed under the BAUER Hockey, Mission Roller Hockey, Maverik Lacrosse, Cascade, and Inaria brand names and are distributed by sales representatives and independent distributors throughout the world. Bauer Performance Sports is focused on building its leadership position and growing market share in all product categories through continued innovation at every level. For more information, visit www.bauerperformancesports.com.
Adjusted Gross Profit, EBITDA, Adjusted EBITDA, Adjusted Net Income, and Adjusted EPS are non-IFRS measures. Adjusted Gross Profit is defined as gross profit plus the following expenses which are part of cost of goods sold: (i) amortization and depreciation of intangible assets, (ii) non-cash charges to cost of goods sold resulting from fair market value adjustments to inventory as a result of business acquisitions, and (iii) reserves established to dispose of obsolete inventory acquired from acquisitions. Adjusted EBITDA is defined as EBITDA (net income adjusted for income tax expense, depreciation and amortization, losses related to amendments to the Company's credit facility, gain or loss on disposal of fixed assets, net interest expense, deferred financing fees, unrealized gains/losses on derivative instruments, and realized and unrealized gains/losses related to foreign exchange revaluation) before restructuring and other one-time or non-cash charges associated with acquisitions, pre-IPO sponsor fees, costs related to share offerings, as well as share-based payment expense. Adjusted Net Income is defined as net income adjusted for unrealized gains/losses related to derivative instruments and unrealized gains/losses related to foreign exchange revaluation, one-time or non-cash charges associated with acquisitions, amortization of acquisition related intangible assets for acquisitions since Fiscal 2012, costs related to share offerings, share-based compensation expense, and other non-cash or one-time items. Adjusted EPS is defined as Adjusted Net Income/Loss divided by the weighted average diluted shares outstanding.
Reconciliations of these non-IFRS measures to the relevant reported results can be found in the Company's MD&A for the second quarter of Fiscal 2013.
This press release includes forward-looking statements within the meaning of applicable securities laws. Forward-looking statements relate to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. The words "may", "will", "would", "should", "could", "expects", "plans", "intends", "trends", "indications", "anticipates", "believes", "estimates", "predicts", "likely" or "potential" or the negative or other variations of these words or other comparable words or phrases, are intended to identify forward-looking statements.
Forward-looking statements, by their nature, are based on assumptions, including those described herein and are subject to important risks and uncertainties. Many factors could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including, without limitation, the following factors: inability to introduce new and innovative products, intense competition in the equipment and apparel industries, inability to introduce technical innovation, inability to protect worldwide intellectual property rights, inability to successfully integrate recent acquisitions, decrease in ice hockey, roller hockey and/or lacrosse participation rates, adverse publicity, reduction in popularity of the NHL and other professional leagues of sports in which our products are used, inability to maintain and enhance brands, reliance on third party suppliers and manufacturers, disruption of distribution chain or loss of significant customers or suppliers, cost of raw materials and shipping freight and other cost pressures, a change in the mix or timing of orders placed by customers, inability to forecast demand for products, inventory shrinkage or excess inventory, product liability claims and product recalls, compliance with standards of testing and athletic governing bodies, departure of senior executives or other key personnel, litigation, employment or union related matters, inability to translate order bookings into realized sales, fluctuations in the value of certain foreign currencies in relation to the U.S. dollar, inability to manage foreign exchange derivative instruments, general economic and market conditions, changes in consumer preferences and the difficulty in anticipating or forecasting those changes, natural disasters, as well as the factors identified in the "Risk Factors" section of BAUER's Annual Information Form dated August 29, 2012 available on SEDAR at www.sedar.com.
Furthermore, unless otherwise stated, the forward-looking statements contained in this press release are made as of the date of this news release, and we have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Bauer Performance Sports Ltd.
Chief Financial Officer
[email protected]
Spinnaker Capital Markets Inc.
Kevin O'Connor / Ali Mahdavi
[email protected]
Tory Mazzola
Global Communications Manager
[email protected]
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Home > Press > Cognitive Science and Technology Program becomes Sandia initiative
Sandia researcher Rob Abbott uses a joystick and plays the role of a student in a training exercise driving an amphibious assault vehicle simulator used by the Navy and Marines. The second monitor is an instructor/operator application called CDMTS. In the background is a thermal image of a student's face used for investigating biometrics to monitor the student in various ways including the level of engagement and focus of attention. (Photo by Randy Montoya)
Imagine a world where a machine creates a "virtual you" by modeling how you think and your expertise on a subject. Or one where your car's computer appreciates your driving skills and compensates for your limitations. That's the world Sandia National Laboratories has entered full throttle through its Cognitive Science and Technology Program (CS&T).
Imagine a world where a machine creates a "virtual you" by modeling how you think and your expertise on a subject. Or one where your car's computer appreciates your driving skills and compensates for your limitations.
That's the world Sandia National Laboratories has entered full throttle through its Cognitive Science and Technology Program (CS&T).
A revolution is at hand, says Chris Forsythe, member of the Labs' cognition research team. It's not one of just better guns and weapons for national security. Instead, "it's a revolution of the mind — of how people think and how machines can help people work better."
Focus on individual
A large portion of Sandia's program today focuses on the uniqueness of the individual interacting with others and with machines. It involves using machines to help humans perform more efficiently and embedding cognitive models in machines so they interact with users more like people interact with one another. The result is the ability for researchers to take advantage of the basic strengths of humans and machines while mitigating the weaknesses of each.
Cognitive projects and research at Sandia span a whole gamut of areas, ranging from student training to assisting with Yucca Mountain licensing, from designing "smart" cars to using video-like games to train military personnel, and from determining how neurons give rise to memory to global terrorist threat detection.
Funding for the research has come from the Office of Naval Research, Sandia's internal Laboratory Directed Research and Development (LDRD) program, Department of Energy, the Defense Advanced Research Projects Agency (DARPA), and other government agencies. The CS&T program also benefits from collaborations with the University of New Mexico, the MIND Imaging Center in Albuquerque, and most recently the University of Illinois at Urbana-Champaign.
Sandia is a National Nuclear Security Administration (NNSA) laboratory.
The initial decision for Sandia to develop cognitive technologies is based on the belief that "there are numerous positive impacts cognitive systems technologies can have on our national security," says Russ Skocypec, senior manager of Sandia's Human, Systems, and Simulation Technologies Department.
Today's conflicts, he says, are unlike others over the past century. Although all wars are driven by humans, major influences on the outcomes have differed. World War I was a chemists' war, World War II a physicists' war, and the Cold War an economic war. Today, he believes, "we are engaged in a human war that is influenced primarily by individual human beings rather than technology or bureaucracy."
That is why he considers it appropriate for Sandia, a laboratory with national security as its mission, to use its resources to better understand the minds of this country's adversaries, as well as to use machines to enhance the Labs' abilities to recognize patterns, deal with massive amounts of data, solve perplexing problems, and perform complex activities.
While Sandia dipped its toes in cognitive research in the late 1990s, the Labs' real effort in the area started in 2002 when the program won an internally funded LDRD grand challenge. Based in part on the success and path set by the grand challenge in 2005, the former Mission Council — a group that consisted of senior Sandia vice presidents — selected cognitive science and technology (CS&T) as a research focus area for the Labs.
Strategic planning for cognitive science and technology
During the spring and summer of 2006, the cognition team conducted two investigations. The first looked at what cognitive capabilities exist at Sandia.
The second examined opportunities involving the convergence of Sandia's initiatives in the areas of cognition, biotechnologies, and nanotechnologies. This led to a Cognitive Science and Technology Plan with three technical objectives — a basic science understanding of the human brain, mind, and behavior; improved human performance; and advanced human-machine systems at all scales.
"The plan is at the level of 'send a man to the moon' — beyond the scope of what any one institution can possibly do," Forsythe says. "It's a synthesis of ideas. Now, our intent is to home in on a few areas in which the labs can make a unique and profound contribution."
Forsythe says there are two elements to Sandia's strategic planning for cognition.
"What makes most sense is for Sandia to select areas where we have unique, collective technical strengths, areas that few others in the world can do as well," Forsythe says. "These include such capabilities as high performance computing, nanotech, physics-based modeling and simulation, and surety." That is the first element. (Surety is an engineering discipline that emphasizes methods and technologies enabling assessment and technical solutions for the combined safety, security, and reliability of systems.)
The second involves a focus on opportunities where specific national security problems have a human factor.
John Wagner, manager of Sandia's Cognitive and Exploratory Systems and Simulations Department, says the new area of research means "profound opportunities exist for the Labs."
"CS&T's ambitious direction may not be realized for many decades, but the information required for progress is emerging today," he says. "It is reasonable to expect future discoveries will become the Nobel-class achievements for the cognitive and neuroscience communities at large in the years to come."
What is a cognitive system?
The term "cognitive systems" has been used worldwide to identify a variety of programs, initiatives, and technologies. However, so many varied uses have led to ambiguity of meaning. Sandia has established its own definition of cognitive systems: "Cognitive systems consist of technologies that utilize as an essential component one or more computational models of human cognitive processes or the knowledge of specific experts, users, or other individuals."
Wagner says that cognitive research at Sandia — like most worldwide — is in its infancy. He anticipates that within the next decade research that seems like science fiction today will be a daily part of everyone's lives. The cognitive revolution will be in full bloom.
"Once that happens, the best of both worlds can happen," Wagner says. "If we understand human cognition better, we can work together as a nation to reduce tension, find problems before they turn into armed conflict, and to work toward actions that establish and maintain peace worldwide."
About Sandia National Laboratories
Sandia is a multiprogram laboratory operated by Sandia Corporation, a Lockheed Martin company, for the U.S. Department of Energy's National Nuclear Security Administration. With main facilities in Albuquerque, N.M., and Livermore, Calif., Sandia has major R&D responsibilities in national security, energy and environmental technologies, and economic competitiveness.
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