TUALATIN, Ore., June 25, 2013 /PRNewswire/ -- CUI Global, Inc. (NASDAQ: CUI), a platform company dedicated to the acquisition, development, and commercialization of new, innovative products and technologies, today announced that its wholly-owned subsidiary, Orbital-UK, along with leading UK sensor producer, SICK (UK) Ltd. ("Sick"), will host a natural gas technology symposium at the Mercedes-Benz World Centre in Brooklands, UK on July 3, 2013.
Following previous such successful symposiums hosted by Orbital and Sick, and reflecting the on-going commitment to innovation within the two organizations, Orbital and Sick are this year hosting another technical seminar at the state-of-the-art Mercedes Benz conferencing facility, located within the grounds of the historic Brooklands motor circuit.
This prestigious and valued event is aimed directly at those working within the global natural gas industry and offers an insight into the latest technologies, developments and best practices within the gas industry. The event will specifically afford Orbital an opportunity to re-introduce the GasPTi, its VE-Probe Technology and associated products to an assortment of industry leaders.
Sick, based in St Albans, Hertfordshire, is a subsidiary of Sick- AG. It has a wide network of Sales Engineers, Service Engineers, Distributors and resellers throughout the UK and Ireland and is an experienced system partner for many major projects.
Sick-AG, founded in 1946, has a global presence with almost 50 subsidiaries and equity investments plus numerous sales agencies. Sick-AG currently employs about 6,300 employees worldwide, and achieved Group sales of €971,300,000 (USD $1.272 billion) in 2012 (SICK (UK) Ltd.).
The event will be hosted by CUI Global's president & chief executive officer, William Clough, who stated, "This biennial event between Orbital and Sick has been and continues to be an excellent opportunity for the two companies to present a number of high-tech solutions and best practices to the natural gas industry. This year, we are especially excited to feature, among other topics, the GasPTi and VE-Probe Technologies and to showcase the dramatic economic and technical advantages of these two technologies."
Orbital/Sick Technical Seminar
July 3, 2013
Mercedes-Benz World Centre
Brooklands Motor Circuit, United Kingdom
For more information about the conference, please visit: Orbital/Sick Technical Seminar
About CUI Global, Inc.
Delivering Innovative Technologies for an Interconnected World . . . . .
CUI Global, Inc. is a publicly traded company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies. From Orbital Gas Systems' advanced GasPT2 platform targeting the energy sector, to CUI Inc's digital power platform serving the networking and telecom space, CUI Global and its subsidiaries have built a diversified portfolio of industry leading technologies that touch many markets. As a publicly traded company, shareholders are able to participate in the opportunities, revenues, and profits generated by the products, technologies, and market channels of CUI Global and its subsidiaries. But most importantly, a commitment to conduct business with a high level of integrity, respect, and philanthropic dedication allows the organization to make a difference in the lives of their customers, employees, investors and global community.
For more information please visit www.cuiglobal.com
Orbital-UK is the largest natural gas systems integrator in the U.K. For over 25 years, Orbital has developed its portfolio of products, services and resources to offer a diverse range of personalized gas engineering solutions to the gas utilities, power generation, emissions, manufacturing and automotive industries. Orbital-UK's internationally recognized expertise in the natural gas industry, including bringing together the patented VE-technology with the ground-breaking GasPTi device, offers natural gas operators and users a comprehensive engineering array for the next generation of energy metering systems.
For more information, please visit www.orbital-uk.com.
Important Cautions Regarding Forward Looking Statements
This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in future operating results due to a number of economic, competitive, and other factors, including, among other things, our reliance on third-party manufacturers and suppliers, government agency budgetary and political constraints, new or increased competition, changes in market demand, and the performance or reliability of our products. These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements. Additional information with respect to these and other factors, which could materially affect the company and its operations, are included in certain forms the company has filed with the Securities and Exchange Commission.
SOURCE CUI Global, Inc.
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