text:
Q&A Session on the Proposed Acquisition of Power-One
April 22, 2013 9:00 am ET
Joseph M. Hogan - Chief Executive Officer
Richard J. Thompson - Chief Executive Officer, President and Director
Ulrich Spiesshofer - Head of Discrete Automation and Motion Division
Eric Elzvik - Chief Financial Officer and Executive Vice President
Brian K. Langenberg - Langenberg & Company, LLC
Joseph A. Maxa - Dougherty & Company LLC, Research Division
Garland Buchanan - Legal & General Investment Management America Inc.
Chris Godby - Stephens Inc., Research Division
Ladies and gentlemen, good morning or good afternoon. Welcome to the ABB Media and Analyst Conference Call. I'm Goran, Chorus Call operator. [Operator Instructions] The conference is being recorded. [Operator Instructions] At this time, it's my pleasure to hand over to Mr. Joe Hogan, CEO of ABB. Please go ahead, sir.
Joseph M. Hogan
Hi. Thanks for joining us. I'm sitting here with Ulrich and Eric, and what we want to do is try to move to questions as quickly as possible. And so there's a podcast available from this morning's call that you can access on our website and you can also access on -- access it on Power-One's website also.
And so I just want to open up by saying we're excited about this deal. I think we've given a good overview in the sense of the logic behind it and the strategy behind it, and we're looking forward to your questions. But before we get started, I'd like to turn it over to Richard, and Richard has a few words from the Power-One side.
Go ahead, Rich.
Richard J. Thompson
Great. Thank you, Joe. First of all, I want to introduce myself again, Richard Thompson. I'm the CEO of Power-One. I think it's really appropriate that we announce this transaction today on Earth Day. I think it has a great meaning and a great start for our combination.
As you have just heard, ABB and Power-One are joining to form the most comprehensive equipment, software and service supplier in the solar PV industry. Our customers, from the residential user to the largest utility, will benefit from this unique combination. We believe the strength of each company in the solar PV space are highly complementary, thus creating a win-win transition for both companies. ABB benefits from Power-One's strong reputation as a technology leader and innovator in the solar inverter space, as well as acquiring the most comprehensive portfolio of inverters in the industry.
Power-One benefits through ABB's global strength and significantly expanding our total addressable market with immediate access to new geographies, including high-growth emerging markets and by leveraging ABB's well-established global sales and service network. Both companies benefit from combining the broadest solar inverter portfolio with state-of-the-art transformers, switchgear and control systems into the leading balance of system offering to the utility sector. We both will have much growth opportunities on a combined basis than we would have as separate players in the global PV market. Likewise, Power-One's traditional power supply business fits well with ABB's power conversion electronic resources, particularly in industrial applications.
Finally, our shareholders will receive a significant cash premium to the existing share price, in essence, being compensated today for some of the growth opportunities that will be realized as becoming a part of the combined company. ABB's shareholders benefit from the economic reward, sustaining a much larger and stronger competitor in the attractive solar PV market with a complement of product offerings, service capability in every market around the world.
Our management team is excited to join ABB, and we share Joe and Ulrich's vision of creating the strongest offering in the solar PV market, a market that is ready for exceptional growth as PV-generated power rapidly reaches great parity in many countries. Power-One's leadership team across the globe is pleased to have the opportunity to work with the ABB team and is committed to bring our customers, employees and investors exceptional products, opportunities and returns. Thank you.
Joseph M. Hogan
Richard, thanks. And with that, I'd like to turn it over to any questions that people on the phone may have.
Question-and-Answer Session
[Operator Instructions] The first question is from Mr. Brian Langenberg from Langenberg & Company.
Brian K. Langenberg - Langenberg & Company, LLC
This deal makes perfectly straightforward -- looks like it makes sense for both parties. Just one question. Last couple of years, obviously the solar end market's been down. Dick, you mentioned the whole revenue's flat, which is heroic. Just walk me through the change in cost of goods sold over the last couple of years and how that gets back to, maybe let's call it, the historic norm above and beyond cyclical issues, if you can address that, too, please.
Richard J. Thompson
All right. Great. As you – I'm sorry. Go ahead, Joe.
Joseph M. Hogan
No, no. It's all yours.
Richard J. Thompson
Okay. Great. As you look at the PV industry, and particularly for the inverters, the price declines over the last few years has averaged 8% to 10%. So that's an environment we're used to working in and working in successfully. We do this through superior design to reduce manufacturing cost and particularly, a very robust supply chain. That allows us to still bring to market great products for our customers with a reasonable profit. As you mentioned, the ups and downs of the industry are there. They're real. Some of them are cyclical. Most of them are tied to change in feed-in tariffs, and that's why this transaction is so important. As we look forward to parity in 2015, we will have the most -- the strongest PV set of resources in the total industry. That will give us great growth opportunities and certainly, by merging together today, it will give us a one-up, certainly at least one up over the rest of the industry. So we're really excited, we think it brings great opportunity to both companies.
The next question is from Mr. Joe Maxa from Dougherty & Co.
Joseph A. Maxa - Dougherty & Company LLC, Research Division
I just wonder if you could give us a little more information on the deal protection mechanisms in place.
Joseph M. Hogan
Ulrich Spiesshofer
Okay. On the deal protection, basically, we have a voting agreement from the largest shareholders, which is Silver Lake, the Silver Lake teams. We have a break-up fee of $20 million. We have matching rights -- unlimited matching rights if somebody else would come into the transaction.
Joseph A. Maxa - Dougherty & Company LLC, Research Division
Okay. Very good. And then I'm just thinking about your focus on the various segments of the inverter market. Is this going to be more of a -- did ABB acquire Power-One more for to get a better presence in North America utility as well as the Asian market? Or is it going to be really broad-based, go after micro inverters and the whole works? I mean, what's the strategy?
Ulrich Spiesshofer
Look, if you look at the combination here, this is really close to the perfect marriage. If you look what Power-One brings, it's a wonderful product portfolio: from micro inverters up to micro utility scale turnkey stations. They have European certification. They have UL certification, which I think is something which is pretty strong here. What we are bringing is the global service capability. We also bring some very important markets. If you look at India at the moment, Richard and us have been competing in the last couple of years. We are #1 now in India in solar inverters through our organic start-up organization. So if you look at it from a reach perspective, from a product perspective, this is a really great fit. And then if you look -- and it will be a global combination. We will not just single out 1 or 2 markets to go after. From a service perspective, the attached rate of Power-One is about 1/2 to 1/3. We have, with our average in the division on an attached rate, there's a fantastic service capability, and we have the platform on service basically in 100 countries all around the world. We got the execution capability. We got offering like remote condition monitoring, which will really make a big key difference to our customers. So if we'll take that one from a content perspective, really well balanced, very nice reach and then even better if you look at the culture of the 2 teams: Power-One's focus on rapid market penetration, very strong customer focus, fast time-to-market, combined with our strength in power electronics where we have -- after the deal, we will have about $5 billion packaged power electronics offering in ABB. This will be a pretty strong capability and platform that allows us to grow all around the globe.
The next question is from Mr. Garland Buchanan from Legal & General.
Garland Buchanan - Legal & General Investment Management America Inc.
Could you please provide a little more detail on the funding? The slide says that this deal will be cash funded. Is that coming from cash on the balance sheet? Are you looking to issue new debt? And then lastly, how does the financing for this deal tie into your view on the debt ratings that you want to maintain?
Eric Elzvik
Yes, we will clearly maintain our financial strategy, which we have communicated a few times already this year. So the financial writing of single A is a core part of that strategy. The funding will come out of existing cash and credit lines that we have, so we don't foresee any specific funding for this deal.
Garland Buchanan - Legal & General Investment Management America Inc.
And just maybe on the credit line funding, are you looking to essentially increase debt for the funding? Or is this really all cash out of the balance sheet?
Eric Elzvik
We ended last year with quite a lot of debt and cash on the balance sheet. And with that gross cash position that we have, we should be able to fund this transaction to a large extent. But it depends exactly when it closes, the positions at the end of the quarters going forward this year.
[Operator Instructions] The next question is from Mr. Chris Godby from Stephens.
Chris Godby - Stephens Inc., Research Division
It sounds like this deal has been in the works for a while now, I guess, from both the Power-One and an ABB perspective. What made you decide to go ahead and pull the trigger now?
Joseph M. Hogan
It's really Earth Day more than anything. We followed this and worked this with Richard for a couple of years actually and decided to market together. I think -- took our time to really understand both companies and the cycle of the industry, and we really feel that you can never consider yourself smarter than the market. I think that's ridiculous to do that. But when we look at what the position in the industry is today, we look at the momentum that Richard and his team has and the momentum that, frankly, we've gained internally in understanding this market with different people. All that coming together, we felt this was the right time. We think waiting longer didn't make a whole lot of sense. It didn't mitigate any risk at all, and we think really getting started on this and realizing the synergies and the opportunities we have beginning now really goes in mind with the direction of the marketplace. I mean, Uli, you've been part of this whole thing, [indiscernible] driving this whole thing. What do you think?
Ulrich Spiesshofer
Look, I think this is a really, really good time to get together. In the last couple of years, on the ABB side, we have done a lot of homework in this field. We got our own startup business up and going. So we really understand this market pretty well today. With that understanding, we were even more convinced that Power-One is the right partner for us out of the choice that we could have had in terms of considering other alternatives. We got to know each other. We competed against each other, and there's nothing better than getting together with a strong competitor that you have already seen acting in the market. If somebody acts very [ph] strong technology, great integrity with a great team, now and then you lose against them and then you get together ultimately as a team. There's a high level of mutual respect, and there's a lot of enthusiasm at the moment, getting together. I can tell you, we have teams today in the different countries getting to know each other, naturally, within the limitations of the regulatory consideration that we are in because the deal is not close yet. And there's a very, very high level of enthusiasm of the teams that think they fit very well together.
Chris Godby - Stephens Inc., Research Division
Okay, great. And then Rich, maybe some thoughts from your perspective?
Richard J. Thompson
Yes. Thank you. I agree with what Ulrich said. We've studied this for quite some time. Power-One, as you know, is entering into new geographies. Each time we entered into the new geography, we had approximately 1 to 1.5 years to profitability as we set up legal entities, hired a staff, created a service organization within that country. All of these elements are now mitigated through this transaction. Once we merge together, ABB is in over 100 countries. They have substantial service resources. This will allow us to get to market much, much quicker than what we could today. Additionally, the entry into these new markets particularly help in markets in South America, in Africa, and other parts of Asia that we haven't penetrated, will allow us to take our initiatives forward more quickly.
[Operator Instructions] Ladies and gentlemen, there are no more questions at this time.
Ulrich Spiesshofer
Okay. And let me just quickly reiterate what this team, this combination and why we think this makes sense at the current time. If you look at Power-One and ABB, we will create together a very strong global leader in solar inverters. The comprehensive offering for solar inverters and solutions that come together by combining the 2 companies, the competencies that we have on the power electronic side, on the innovation side, on the service side and the bankability that ABB combines with Power-One's very strong innovative approach and the global reach that we will have as a combined entity positions us extremely well for profitable growth in attractive industry long term. So thank you very much to all of you for joining us. Look forward to talk to you soon again.
Richard J. Thompson
Great. Thank you.
Ladies and gentlemen, the conference is now over. Thank you for choosing Chorus Call, and thank you for participating in the conference. You may now disconnect your lines. Goodbye.
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The U. S. Court of Appeals for the Federal Circuit reversed an obviousness rejection by the U.S. Patent and Trademark Office (PTO) Patent Trial and Appeal Board's (the Board) of application claims directed to a row pulling exercise machine where the prior art reference was directed to a bench press pushing exercise machine. In re Giannelli, Case No. 13-1167 (Fed. Cir., Jan.13, 2014) (Lourie, J.).
The abstract of the application explained that the invention was directed to a rowing exercise machine that "includes an input assembly which enables a user to maintain biomechanical alignment of the user's wrist and forearm during performance of the exercise, while maintaining a consistent torque applied to the shoulder joint." The abstract further explained that the input assembly "defines a declining, substantially linear path, where the user's forearms remain substantially parallel to the ground as the input assembly is draw back." The original claims of the application recited an input assembly mechanism that was "adapted to" be moved from a first to a second position.
During prosecution, the examiner rejected the application claims as anticipated by a prior art patent directed to a chest press exercise machine whose input assembly "travel[s] along a . . . path which simulates . . . [an] outward pushing motion." In response to the rejection, the patentee amended the application claims to recite that the input assembly mechanism was "adapted to" be moved from a first to a second position "by a pulling force exerted by a user . . . in a rowing motion."
The examiner issued a final rejection of the claims under 35 U.S.C. §102(b) and §103(a) based on the same prior art. On appeal, the Board affirmed, broadly construing the "adapted to" language of the application claims to mean "capable of." In other words, the Board characterized the dispositive issue as whether the prior art chest press machine was "capable of" being used by exerting a pulling force on the handles and affirmed the obviousness rejection. The Board did not address the anticipation rejection. The applicants appealed.
The Federal Circuit reversed, explaining that the written description of the application described the physical location of the pulling handles relative to other machine components as "structural attributes that enable[d] performance of the rowing motion." The Court explained that the proper dispositive issue was whether the prior art chest press machine was "made to," "designed to" or "configured to" allow the user to perform a rowing exercise. The Court answered that question in the negative, stating emphatically that "[p]hysical capability alone does not render obvious that which is contraindicated," that "[a] chest machine is not a rowing machine" and that "a sure-fire way to cause injury is to use a machine in a manner not intended by the manufacturer."
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Newman Lecture to Explore Developments in Religious Teaching
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|Patrick Mueller <pmue...@gmail.com>
|Re: Better real time communication
|Wed, 19 Sep 2012 20:21:03 GMT
On Wed, Sep 19, 2012 at 1:23 PM, Michal Mocny <firstname.lastname@example.com> wrote: > Thanks for clearing this up and answering our questions. > One of the issues I've seen come up re: IRC is that, if we're logging it, we should notify folks that we're logging it. One of the ASF irc channels goes to an extreme level of posting a message every few hours to the chat indicating that it's being logged. Personally, I think adding it to the persistent "topic message" should be good enough. The thinking being notifying people of logging is that some folks might not realize it's logged, and say something they didn't want kept in a log. I think posting the log on the ml is total overkill; I would certainly add a gmail filter to move it somewhere else, for myself. OTOH, would be nice to have a per-day log archive available on the web somewhere. -- Patrick Mueller http://muellerware.org
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In April the global health care giant Merck & Co. (NYSE:MRK), received "breakthrough therapy designation" from the U.S. Food and Drug Administration (FDA) for its investigational antibody therapy, lambrolizumab, a drug that treats patients with advanced melanoma. Lambrolizumab, which targets Programmed Cell Death protein (PD-1), disrupts the action of the immune checkpoint protein PD-1 and inhibits the ability of some cancers to evade the body's immune system. Researchers have shown that several tumor types are able to develop a "molecular camouflage" tricking the body's immune system into thinking that the cancer cells are normal cells and, therefore, the immune system allows these camouflaged cells to grow unchecked. The interaction between the immune checkpoint receptor PD-1 and its ligands represents a potentially important tumor-specific immunomodulatory mechanism. By utilizing the PD-1 pathway, a tumor cell can prevent the activation of T-cells and so may block a key step that triggers the immune system. Lambrolizumab, as an antibody therapy, is designed to disrupt the action of PD-1 and thus inhibit the ability of some cancers to evade the body's immune system.
Breakthrough therapy designation of an investigational drug is intended to expedite the development and review of the drug's planned use, alone or in combination, and is designed to treat a serious or life-threatening disease or condition when preliminary clinical evidence indicates that the drug may demonstrate substantial improvement over existing therapies on one or more clinically significant endpoints. Last year's results were made available, and approximately half the patients in a Phase 1 study experienced tumor shrinkage after treatment and about 10% had no detectable cancer after treatment as assessed by imaging techniques. Some patients did however experience adverse events such as fatigue, rash, and diarrhea, which could be related to the drug's mechanism of action of unleashing the body's immune system. Merck also is studying the drug as a potential treatment for non-small cell lung cancer.
Gary Gilliland M.D., Ph.D., senior vice president and oncology franchise head of Merck Research Laboratories, commented on the FDA's decision: "We are pleased that the FDA has designated lambrolizumab a Breakthrough Therapy for patients with advanced melanoma. The FDA's decision to place lambrolizumab in a category that may enable expedited development and review is an important milestone for Merck as we advance ongoing programs in multiple cancer indications."
While Melanoma accounts for less than 5% of skin cancer cases, the disease is responsible for more than 80% of skin cancer-related deaths and 1% to 2% of all cancer deaths in the United States. It is estimated that roughly 76,690 new melanomas will be diagnosed this year, and in 2012 in the U.S. an estimated 9,180 people died from advanced melanoma. Analyst at investment bank, Leerink Swann, estimates annual U.S. sales of lambrolizumab for use in melanoma will peak at $450 million by 2023.
Lambrolizumab's breakthrough therapy designation may have come at a good time for Merck, which is facing a sales erosion due to patent expirations, including its top-selling asthma drug, Singulair. Singulair, which peaked at roughly $5 billion annually, has seen 97% of its sales wiped out by generic competition. There are also concerns about competition from Johnson & Johnson (NYSE:JNJ) and Takeda eroding sales of Merck's dipeptidyl peptidase 4 (DPP-4) inhibitors drug, Januvia, for type 2 diabetes, which has sales of $5.7 billion, but those concerns have yet to be materialized. The company also found that its cholesterol drug, Tredaptive, had failed to show benefit in preventing heart attacks, strokes, death, and other complications in heart patients. In addition, Merck will not seek U.S. approval and will stop selling Tredaptive in the dozens of other countries where it was already available. The company, however, does have a strong pipeline of drugs, including 23 in phase 2 studies, 15 in phase 3 studies, and 6 under regulatory review. Merck spends $20 billion annually on its R&D.
In February, Merck reported its fourth-quarter earnings fell 7.3% as generic competition continued to weaken pharmaceutical sales. On May 1st, Merck reported revenue of $10.70 million for the quarter, lower than consensus estimates of $11.09 million. But the company also reported $0.85 EPS for the quarter, beating consensus estimates of $0.79 by $0.06. The company's quarterly revenue was down 9% on a year-over-year basis. Merck & Co has set its FY13 guidance at $3.45-3.55 EPS.
Some analysts see a rosier picture for Merck in the future. In a research note issued to investors on Thursday May 16th, analysts at Sanford C. Bernstein gave Merck an "outperform" rating and currently have set a $49.00 price target. Barclays Capital reiterated an "overweight" rating and now has a $60.00 price target. Separately, analysts at Zacks reiterated a "neutral" and currently have set a $48.00 price target, while analysts at BMO Capital Markets reiterated an "outperform" rating and raised its target price from $47.00 per share to $51.00 per share.
There is little doubt that Merck has had some challenges lately, but its strong pipeline appears to be righting the ship. Though the company is up over 20% year over year, and it is close to its 52-week high, Merck is still a good stock to have in one's long-term portfolio. It has an excellent dividend and is on the cutting edge of novel drug products like its immunotherapy drug, lambrolizumab. However, I would like to see a dip in the stock for a better entry price before jumping in.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.


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A threat. An assault. An abduction.
And one massive twist!
With Lisa Ward's life now fully on the line, the question remains - who wants her dead? Is it her ex-boyfriend, Kevin, a homeless drunk addicted to meth? Or is it her former editor, Marco Boss, who has been cast to the bitter edges of revenge due to his firing? Or because of Lisa's rising fame - and all the pitfalls that come with it - could it be something else entirely?
In this final volume of the "Unleash Me" series, nothing is what it seems. Surprises are at every turn. Some might think they know who has threatened Lisa, but they'll guess again. And when they do guess, they'll never believe the reasons why she's wanted dead. Nobody will see that.
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In "Unleash Me," clichés are tossed aside in an effort to leave readers breathless - and, in the end, speechless.
This is the final audiobook in the Unleash Me series. "Annihilate Me 2" will be the next series from Christina Ross! Note: You must listen to Volumes 1 and 2 before listening this final volume.
©2014 Christina Ross (P)2014 Christina Ross
There are no listener reviews for this title yet.
"I didn't care much for the plot twister."
Started reading this series for a bit of romance and didn't care much for the drastic turn of events in the book. I finished it because I never lease a book mid way but I didn't care for the drastic turn of events at all.
Report Inappropriate Content
If you find this review inappropriate and think it should be removed from our site, let us know. This report will be reviewed by Audible and we will take appropriate action.


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Pernod Ricard's support for UN Sustainable Development Goals07/01/2016
Pernod Ricard's support for UN SDGs underscores the company's long-lasting commitment to sustainable development
The Paul Ricard Oceanography Institute and Pernod Ricard launch the Take OFF project06/24/2016
Join the movement on Take Off
Pernod Ricard commits one step further to sustainable agricultural raw materials by joining Bonsucro02/02/2016
Having so many of its brands strongly embedded in their original terroirs, Pernod Ricard has always taken great care of the sourcing of its raw materials.
Positive Planet recognizes Pernod Ricard's commitment to developing sustainable cooperatives in Armenia12/08/2015
In partnership with Positive Planet, Pernod Ricard has implemented a sustainable agriculture project in Armenia by helping local farmers structure and perpetuate their business.
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First Quarter Sales 2014/15 : return to growth in Q1 despite a difficult environment10/23/2014
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Responsible consumption : Pernod Ricard supports the merger of ICAP and GAPG10/17/2014
The International Center for Alcohol Policies (ICAP) and Global Alcohol Producers Group (GAPG) merge to create the International Alliance for Responsible Drinking (IARD).
Full Year 2013/14 Sales & Results08/28/2014
+2% organic growth in pro (in line with objectives outlined in February)
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Sales virtually stable and slight increase in PRO in HY102/13/2014
Sales virtually stable and slight increase in PRO1 in HY1 (excluding forex impact and Group structure)
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New worldwide CSR initiative for Pernod Ricard06/06/2013
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Puppy power! In celebration of World Puppy Day, this super talented pooch, Purin, has set a new Guinness World Record. This adorable footage shows young Purin rolling her way to smashing the world record as the fastest ten metres travelled on a ball by a dog.
Purin shot to fame in September 2015 when she set her first world record of the most balls caught by a dog with its paws in one minute.
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Difficult words: pooch (a dog), adorable (lovable), footage (a video), paw (an animal's foot).
Source: www.ondemandnews.com
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If it seems as if we've been talking about the Jaguar XJ a lot recently, it's because we have. The redesigned flagship model is very important car for the British-born, Indian-owned automaker. Reports say that its new design will borrow heavily from the automaker's modern, but still traditionally classy XF. Jaguar revealed the first official 2010 XJ teaser image at the Shanghai Auto Show today, and based on the overhead shot that shows the car's panoramic roof, we'd say the reports we've been hearing are spot on. Notice the hood in particular and what appears to be either a very thin or completely blacked out C-pillar. You can also follow the jump to watch the short teaser video Jaguar revealed at the Shanghai show earlier today.
Jaguar says that July 9 will be the date of the XJ's coming out party in London. There will be both short and long wheelbase versions, with power coming from the company's new range of gas and diesel engines. That includes the 503-hp, supercharged, direct-injection, 5.0-liter V8, although that model might not wear the "R" moniker like the similarly equipped XKR and XFR models. The "R" badge is said to be reserved for an even higher performance model to be announced later on.
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Our outside cement steps are separating from each other exposing a gap bewteen them. The first step is pulling away from the landing about 2 inches & appears to have dropped lower. You can also see the steel rod connecting the landing & this step. The 2nd step is only pulled away from the 1st step about 1 inch, but has not dropped. How can we inexpensively repair this before winter & cold weather sets in?
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Mary Jean Eisenhower
Born Dec 21, 1955
Mary Jean Eisenhower is an American humanitarian, and the granddaughter of President Dwight D. Eisenhower. She has worked to develop and expand the mission of People to People International [PTPI PTPI]. Eisenhower became the Chief Executive Officer of… Read More
Learn about the memorable moments in the evolution of Mary Jean Eisenhower.
1955 Birth Born in 1955.
1999 44 Years Old Inspired by an orphanage she visited in Morocco, Ms. Eisenhower launched the People to People International Friendship Fund in 1999. … Read More
2000 45 Years Old … Eisenhower became the Chief Executive Officer of PTPI in January 2000 and its President in 2003. … Read More
2003 48 Years Old Her vision came to fruition with Peace Camp 2003: An Evolution of Thought and Change and the Global Peace Initiative. … Read More
Original Authors of this text are noted on http://en.wikipedia.org/wiki/Mary_Jean_Eisenhower.
Text is made available under the Creative Commons Attribution-ShareAlike License.
Text is made available under the Creative Commons Attribution-ShareAlike License.


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Information deemed reliable but not guaranteed accurate. Buyer to verify all information.The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2014 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


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You won't be able to dismiss this by usual means (escape or click button), but you can close it programatically based on user choices or actions.
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Annual Campaign
One of the important goals here at the Ottumwa YMCA is that no one, especially our youth, will be denied membership or participation due to inability to pay. To achieve that goal, the YMCA conducts an annual fundraising campaign that raises money to keep our program costs down and to give financial assistance to local youth, adults and families who need the help. The campaign is organized by the Board of Directors, YMCA staff and many community volunteers.
In our 2015 campaign, with the help of more than 60 volunteers, over $86,000 was raised in 2015. Money was raised from local businesses, service clubs and individuals! Many volunteers are needed for special events, writing thank you notes or join one of our fun calling teams! Come and help to make a difference in the lives of those in need! With the help and support of people just like you we will make a lasting impact right here in our community. This year our goal is to raise $90,000 in support funding! We can do it, but only with your help! So call or stop in today to get connected with this worthy cause and help the Ottumwa YMCA to build a stronger community!
For our 2016 campaign we'll be embarking on a Nationwide journey with many other YMCA across the United States and promoting a Nationwide Support Campaign. You'll start to see the YMCA in national TV ads in prime time television reminding our communities that the YMCA is not an organization that's a "nice to have" it's a "must have" to support our youth, engage our community and help us grow and thrive. Below are two national TV ads that you'll be seeing soon on major networks in prime time. View them here and help support the Y in it's vital work right here in Ottumwa!


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I am pleased to learn that Standard Chartered Bank is celebrating the 150th anniversary of its presence on this land. The Bank started its journey in 1863 by establishing its first office on I.I Chundrigar Road Karachi. Since then it has grown into an international Bank with a long and distinguished operating history in Pakistan.
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The 150th anniversary celebration is also an occasion for Standard Chartered Bank to commit to further expand the range and quality of its services to facilitate the diverse and growing range of its clientele. Once again, I wish to congratulate the management and staff of Standard Chartered Bank Pakistan and wish the Bank greater success in the years ahead.


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Here we are again with the albums you have to listen to this weekend. The new albums on Spotify. It's a small list again, because there are almost no releases this week. Can – Tago Mago (40th Anniversary Edition) Alright, so normally we don't put re-issues in this list. But we want to make an […]
[Spotifriday] Your weekend soundtrack – week 50
December 18, 2011
The top 486 releases of 2011 according to You
December 6, 2011
86 top-10's submitted, 486 unique releases submitted resulting in a top 448 releases of 2011; yeah, the call for year-lists seems to be quite a success. It's not a big surprise the magnificent Let England Shake-album by PJ Harvey ended up on number one in the We Are Incubate year-list 2011, followed by The War […]
Recent posts
ICYMI: Incubate Arcade 2014
December 18, 2015
With the year coming to an end, here's another trip down memory lane – a lovely, detailed look back at the Incubate Arcade of 2014, courtesy of Zuraida Buter. [View the story "Incubate Arcade 2014 " on Storify]


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9 posts tagged with vocaloid by anthy.
Displaying 1 through 9 of 9.
I wouldn't let your life fall like the short-lived autumn leaves
Seasonal Feathers by Hitoshizuku x Yama△ (previously on meta) is a beautiful song/video very loosely based on The Grateful Crane, a Japanese fairy tale about a wife with an unusual secret. [more inside]
I suppose my voice will always fall short
Yukkedoluce is a producer for vocaloid, a singing voice synthesizer program (previously on mefi). Some examples of his works are below.
- The Transient Apple Salesgirl - An apple one day keeps immortality away.
- Persona Robot - The touching tale of a girl and her robot.
- Dream Eater - Dream in this disenchanted world.
- DOGS - Wake up, sheeple!
I come to steal the "Diamond of Happiness."
Vocaloid producers Hitoshizuku x Yama△ (previously on meta) have just released a new song/video: Phantom Thief F's Scenario ~Mystery of the Missing Diamond~. Can you figure out who the culprit is? [more inside]
A barrage of zeroes and ones
1imb0 (SLYT) - At the end of the production line, into God's realm, we fall. Warnings for: singing robots, high-pitched Japanese voices, English subtitles, and copious amounts of animated ascii art. [more inside]
A magic lie
Hocus Pocus (SLYT) - the story of a woman who grew up without happiness and a girl who didn't know it. Written by Shikemoku, sung by Gumi and Hatsune Miku. Warnings for: singing robots, high-pitched Japanese voices, English subtitles, and references to child abuse and abduction. [more inside]
The buzzer sounds, and the curtains rise; one, two, three, let us begin!
Hitoshizuku x Yama (or Yamashizuku) are producers for vocaloid, a singing voice synthesizer program (previously on mefi). Their most recent compilation album, EndlessroLL, is available on Amazon and iTunes. They seem most fond of Kagamine Rin/Len, but have also released songs featuring other vocaloids. Suzunosuke often does the artwork for their videos. Examples of their works below. Warnings for: singing robots, high-pitched Japanese voices, catchy tunes, English subtitles, occasional violence, death, melancholy, some mildly NSFW content, and more than a dollop of drama.
- Bad∞End∞Night / Crazy∞nighT / Twilight ∞ nighT - a villager is trapped in a mansion with a bunch of nuts! Can she find the key to survival, or can this only be a Bad End Night? Features the Vocaloid Eight - i.e., all 6 Crypton vocaloids + Gumi & Gakupo. TO BE CONTINUED.
- Alluring Secret ~Black Vow~ - An angel falls in love with a human girl, which is forbidden. But she has a plan.
- Soundless Voice / Proof of Life / Endless Wedge. A girl wants to leave something good behind. A boy grieves.
Don't turn your missiles at me, please
sasakure.UK is a Japanese songwriter/artist who often produces songs using Vocaloid, a singing voice synthesizer program (previously on Mefi). Some examples of his works are below. WARNING: videos may contain high-fructose levels of cuteness, high pitched voices, english subtitles, retro video games, and rather depressing - even triggering - content (such death, suicide). Watch at your own risk.
- *Hello, Planet animated video | original 8-bit version: a last love song featuring a lonely robot on a journey through a post-apocalyptic world.
- NegaPosi*Continues - a girl really, really loves playing video games.
- Twee Box Puppet Show - a retro video game evolves in an unexpected way.
Is there any meaning to this song? / There's no meaning to this song.
Vocaloid Storytime
The Vocaloids,1 anime-like characters created for the singing synthasizer program by the Yamaha Corporation, have been capturing the imaginations of Japanese fans for more than a year. They've inspired and starred in a large body of fan-produced songs and animated videos,2 ranging from macabre to sorrowful to dramatic to humorous. [Massive MLYTP] [more inside]
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