CUI Global, Inc.'s Wholly-Owned Subsidiary, Orbital-UK, and its Distribution
Partner, BWG/Blue Flame to Present and Exhibit its GasPT2® and GasPTi®
Technology at the International Natural Gas Symposium (INGAS) 2013 in
TUALATIN, Ore., May 29, 2013
TUALATIN, Ore., May 29, 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, and its worldwide
distribution partner, BWG/Blue Flame, will present and exhibit at the upcoming
International Natural Gas Symposium 2013 (INGAS 2013) show to be held on May
29-30, 2013 in Istanbul, Turkey.
First organized by Turkey's leading natural gas distributor, Istanbul Gas
Distribution Company (IGDAS), in 2005, INGAS is one of the most
broadly-participated organizations in the natural gas industry. The
industry's leading companies from as many as 25 countries are expected to
attend and participate in INGAS 2013, where incomparable sectoral issues such
as the general view of energy in the world, latest R&D in the natural gas
industry and new technologies will be discussed and presented.
CUI Global's Lead Engineer, Terry Williams, has been personally invited by the
INGAS Organizing Committee to be a "Distinguished Speaker" at the event. Mr.
Williams will be presenting a 'White Paper' regarding the GasPT2 Technology
and GasPTi device. The presentation will describe the design, development,
certification, testing, field trials and implementation of the GasPT2
Technology across Europe and the Americas.
Mr. Williams, a 40-year Chartered Engineer with experience at, among others,
British Gas, BG Technology, National Grid, Advantica and GL Nobel-Denton,
managing the development and implementation of new technology for offshore and
onshore gas processing, transmission and utilization, has an international
reputation and is highly regarded in the specialized field of natural gas
metering. He was one of the original designers of the GasPT2 Technology and
is a Fellow of the UK Institution of Gas Engineers & Managers. Mr. Williams
has also served as Vice-Chairman of GERG – the European Gas Research Group.
In conjunction with the show and Mr. Williams' presentation, CUI Global's
worldwide distribution partner, BWG/Blue Flame, will be holding a reception at
the host hotel, Grand Hotel Tarabya, to individually present the GasPTi device
to some of the industry's leading professionals.
As explained by Blue Flame's chief executive officer, Patrick Campos, "Our
appearance at this prestigious event with Terry [Williams] and the Orbital
Team will significantly further our efforts to penetrate this very strategic
Turkish gas market. In addition, we expect representatives from such
important natural gas and energy markets as Germany, Austria, USA, Belgium,
Bosnia-Herzegovina, China, Denmark, France, India, the Netherlands, Hong Kong,
United Kingdom, Switzerland, Japan, Canada, Korea, Saudi Arabia, Serbia,
Kosovo, Macedonia, and more to be in attendance at the symposium."
"The great interest demonstrated by the Ministry of Energy of Turkey, as well
as by several leading private natural gas companies and the preeminent natural
gas equipment testing laboratory in Turkey, further validates the GasPT2
Technology and helps ensure its eventual implementation by this key market and
strategic region in the Eurasian natural gas industry," concluded Campos.
According to Bilal Aslan, IGDAS's general manager, "The forthcoming symposium
to be held by IGDAS in May 2013 in Istanbul will again huddle together the top
level representatives of natural gas and energy institutions and enterprises
of various countries and executives of the private sector. We suppose that
this symposium, where opinions regarding energy and natural gas strategies and
investment opportunities are to be presented, will be a cardinal data resource
at international scale."
CUI Global's president & chief executive officer, William Clough, stated,
"Orbital-UK and Blue Flame will have a significant presence at INGAS 2013 this
year. It is a great opportunity for us to present the latest from our GasPTi
product line to industry professionals and to showcase its dramatic economic
and technical advantages. The Symposium will provide the Company with an
opportunity to directly present the technical benefits of its GasPTi device to
some of the natural gas and energy industry's leading players."
Date: May 29-30, 2013
Venue: The Grand Hotel Tarabya
For more information about the conference, please visit: INGAS 2013
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-technologywith the ground-breaking Vergence® GasPT2 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
SOURCE CUI Global, Inc.
Contact: CUI Global, Inc., Media Contact, Maggie Lefor, 503-612-2300,
email@example.com; or Investor Relations, CUI Global, Inc., 503-612-2300,
firstname.lastname@example.org; or Outside IR contact, BPC Financial Marketing, John
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