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All-New 2016 Optima Midsize Sedan Makes Global Debut At The New York International Auto Show

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All-New 2016 Optima Midsize Sedan Makes Global Debut At The New York International Auto Show

Kia’s Best-Selling Nameplate is Passionately Designed and Obsessively Crafted with European Styling, a Refined Premium Interior and Significant Ride and Handling Improvements

– Optima matures into an expertly crafted sedan with two turbo engine choices and five trims, including the U.S.-exclusive SX Limited

– Built at Kia’s U.S. plant, Optima features reduced NVH and a more responsive, confident ride


NEW YORK, April 1, 2015 /PRNewswire-HISPANIC PR WIRE/ — Five years ago Kia Motors America (KMA) debuted the re-designed Optima at the New York International Auto Show and introduced a game-changing midsize sedan that catalyzed the brand’s design-led transformation.  History was repeated when the all-new 2016 Optima, a symbol of the Kia brand’s maturation through continuous refinement and obsessive attention to detail, made its debut here today.  An instant hit with consumers looking for a fresh alternative to an otherwise staid segment, the Optima has been KMA’s top-selling vehicle for three consecutive years, and the all-new model is poised to continue that success.

Conceived under the watchful eye of Kia’s president and chief design officer, Peter Schreyer, with modern and instantly recognizable design cues, the Optima maintains its athletic identity but rides on a chassis that is longer, wider and stiffer for improved ride and handling and a more spacious cabin.  Available with three engine choices, including a new 1.6-liter turbocharged four-cylinder that’s mated to a seven-speed Dual Clutch Transmission (DCT), the Optima is more confident than ever on the road.  The all-new Optima’s roomier, more luxurious cabin features an impressive level of craftsmanship that will come standard across five trim levels – LX, LX Turbo, EX, SX Turbo and SXL – when sales begin in the fourth quarter of 2015.  As with its predecessor, the all-new Optima will be built at Kia’s plant in West Point, Georgia.  Pricing will be announced closer to the vehicle’s launch date.

“The Optima changed the way people felt about the Kia brand, and KMA owes much of its growth and success to its head-turning design and sporty performance.  It was – and still is to this day – a fresh alternative in the midsize sedan segment, and it amplified a five-year design-led transformation that propelled Kia to record-setting sales year-on-year,” said Michael Sprague, executive vice president, sales and marketing, KMA.  “The all-new Optima retains the signature personality of its predecessor, but we’ve literally improved everything, providing more space, better ride and handling, more technology and greater refinement.”

Instantly Recognizable European Design 

Because the previous generation Optima was such a success story for the brand, Kia’s designers had to strike a delicate balance, retaining the identity of the vehicle while, at the same time, making a confident move forward to keep the car modern and fresh.  Sweeping contemporary surfaces and modern architecture inspired the design of the all-new Optima, revealing a sophisticated and dynamic sedan that is instantly recognizable yet has more road presence than ever.

The all-new Optima is boldly designed to be functional and sporty with exterior dimensions that are marginally longer, taller and wider.  The wheelbase has been extended to 110.4 inches (increased 0.4 inches), and the vehicle has been widened to 73.2 inches (increased 1.0 inch).  Both changes enable a roomier and more comfortable cabin with more head room, shoulder room and rear seat leg room.  The increased dimensions also allow for more cargo capacity in the trunk. 

The aggressive front clip pulls the sheet metal taut over the wheel arches, and the swept-back headlights reach deeply into the fenders.  On the SX and SXL trims, Kia’s signature tiger-nose grille is hot stamped and composed into a sophisticated pinpoint design that bears a strong resemblance to Kia’s luxury sedan, the K9001.  The all-new Optima introduces Kia’s first application of bi-functional HID headlights – with available Dynamic Bending Lamps and High Beam Assist – that illuminate the tarmac around corners.

The greenhouse silhouette maintains the raked A-pillar and sweeping C-pillar that lend the Optima its sport-sedan appearance.  The rear vent windows kick up smartly just ahead of the carved rear fenders.  As with its predecessor, the all-new Optima incorporates a raised deck lid, and the use of available LED halo-style tail lights mimics that of the Cadenza premium sedan.   

The 2016 Optima rides on alloy wheels ranging from 16 to 18 inches, with three new unique 18-inch wheel designs, depending on trim level.  Three new exterior colors compliment the latest Optima’s sophisticated styling:  a vibrant blue inspired by a sparkling ocean underneath a sunny sky; a dynamic grey with olive undertones, and a deep red that gains depth from the use of aluminum pigments.

Exquisite Interior Craftsmanship

Optima’s interior is larger and more comfortable with an innovative and functional cabin that is well-appointed with class-up touches.  Drawing inspiration from Kia’s premium and luxury sedans, the Optima utilizes more soft-touch materials throughout the passenger compartment.  Optima’s luxurious interior is obsessively crafted with an impressive attention to detail and features real stitching along the dash and doors, complimented by tasteful metallic accents, varying by trim level.  The driver-oriented cabin has been simplified with a cleaner, more unified design than the previous generation, with a stronger horizontal plane and a wider center console that help create a greater sense of space.  By grouping and reducing the number of functional keys and buttons, Kia’s already-superior ergonomics are markedly improved. 

The interior design team also paid particular attention to seat comfort.  A stiffer seat frame reduces vibration and soft foam in the headrest, upper back and thigh-support areas allows occupants to nestle into seats with deeper side bolsters made with denser, more supportive foam.  For extra convenience, heated and ventilated front seats are available with power adjustable driver and front passenger seats.  For added convenience, the 2016 Optima offers a height-adjustable front passenger seat, a feature normally found only in premium vehicles.  Depending on trim level, the seats are covered in cloth, leather or luxurious Nappa leather and two new interior colors – a rich merlot and a dark aubergine – are available.  

Convenience and Technology

Kia’s cutting-edge connectivity system, UVO2, comes standard with four additional eServices not previously available on Optima:  Geo-fencing, Speed Alert, Curfew Alert and Driving Score3.  Additionally, Optima is Kia’s pilot vehicle for the introduction of AndroidTM4 Auto and Apple®5 CarPlay (late availability), which allow drivers to access a suite of core functions from their smartphones.  After connecting their smartphone to the head unit via the vehicle’s front fast-charge USB port (another fast-charge USB port is located in the rear seat), the 8-inch touchscreen screen displays the smartphone’s most important features.  Core functions including music, messaging, navigation and voice calls are available via the screen, the steering wheel or via voice command2.  Kia is one of the first to deliver this technology, which is available for select Android phones operating with Lollipop or Apple phones operating with iOS8.X or higher.  Any future third-party apps that are added by either Android or Apple will be available for customers to enjoy from their respective app store.

While the standard six-speaker audio system will satisfy all but the most demanding enthusiasts, true audiophiles will gravitate to the available Infinity® Premium Audio System6, which includes 14 speakers, Clari-Fi™7 technology and an upgraded 630-watt digital amplifier.  Clari-Fi is a patented music restoration technology that rebuilds audio signals that are lost in the digital compression process.  This technology breathes new life into your favorite music, restoring a high-fidelity listening experience to any compressed digital source.  Optima’s premium Infinity audio system also comes equipped with next-generation QuantumLogic™7 Surround technology, which extracts signals from the original recording and redistributes them into an authentic, multidimensional soundstage for playback that is clear, refined and detailed.  Kia was one of the first automakers to incorporate Clari-Fi technology into their audio systems with the debut of the 2016 Sorento, and Optima is the first-ever Kia sedan to feature QuantumLogic Surround technology.

The all-new Optima takes convenience to the next level with a long list of available technologies across the various trim levels.  Available on every Optima is a rear-camera display8 while SX and SXL trims offer an available 360-degree Around View Monitor8.  Available driver-aid technology, including Advanced Smart Cruise Control (SCC)8, Blind Spot Detection (BSD)8, Rear Cross Traffic Alert (RCTA)8 and Autonomous Emergency Braking (AEB)8 – which, under appropriate conditions, will bring the vehicle to a complete stop to potentially avoid a collision or reduce damage – makes the task of driving easier and more convenient.  Also available for the first time on any Kia vehicle are Bi-function HID headlights with Dynamic Bending Lamps (DBL) and intuitive High Beam Assist (HBA), which recognizes oncoming traffic and automatically switches the lights to low beam until the opposing vehicle has passed.

Smart Performance and Safety

The 2016 Optima features a uniquely engineered body that combines various high-tensile strength steel alloys and sits on a chassis that is stiffer and more durable thanks to the increased use of Advanced High Strength Steel (AHSS).  With more than 50 percent of the body constructed from AHSS, a 150-percent increase over the previous car, torsional rigidity has been increased X percent.  The greater use of structural adhesive by more than 450 percent over the previous generation improves NVH and contributes to structural rigidity.  Engineers also added more hot stamped components to the all-new Optima, a 350-percent increase over the 2015 model.  This body structure helps provide crash protection, better driving dynamics, and is the foundation for a quieter ride.

Additional innovations were implemented to reduce NVH, lighten the vehicle and enhance aerodynamics.  The 2016 Optima is the first Kia to feature a panoramic sunroof support structure made with carbon-fiber-reinforced plastic, which helps reduce weight and lower the vehicle’s center of gravity.  A larger full floor under cover helps reduce wind noise and aid fuel efficiency.  Increased dash insulation, added windshield side molding and the increased use of structural adhesive ensure a quiet ride with reduced road and wind noise.  Engine mounts, body panels and wheels all are stiffer on the all-new Optima, reducing vibrations, engine noise and road noise.  Larger cross-member bushings are utilized to help isolate road and engine noise, as well as reducing engine vibration through the floor and steering wheel.

Improving ride and handling was a top priority for engineers.  Overall, the chassis is lighter and stiffer, resulting in improved steering response, high-speed stability and handling.  Moving the suspension location points of the front and rear sub-frames outward optimizes suspension geometry for a smoother ride over uneven pavement.  Where the previous Optima made due with dual bushing mounts, increased lateral stiffness was achieved with a four-bushing mount system for both sub-frames.  The increased stiffness pays dividends in improved steering response and tractability through corners.  More robust wheel bearings up front and the addition of larger dual lower control arms at the rear also help refine the all-new Optima’s ride and handling characteristics.  Available Rack-mounted Motor Driven Power Steering (R-MDPS) improves steering response with a higher gear ratio.

The all-new Optima is available with three engine choices, striking a performance balance between sportiness and fuel efficiency.  Two powerplants carry over from the previous generation, the 2.4-liter GDI four-cylinder, available on the LX and EX models, and the 2.0-liter GDI turbo engine, available on the SXL and SX Turbo models.  While the engines have yet to receive EPA certification, the 2.4-liter is estimated to produce 185 horsepower at 6,000 rpm and 178 lb.-ft. of torque at 4,000 rpm.  The 2.0-liter turbo is expected to generate approximately 247 horsepower at 6,000 rpm and 260 lb.-ft. of torque at 1,350 rpm.  Both engines are mated to a six-speed automatic transmission with Sportmatic® shifting while the SX and SXL trims add paddle shifters.  Both engines have been retuned for fuel economy10 and better performance and drivability with maximum torque now available at a lower RPM. 

All new for the 2016 model is a 1.6-liter four-cylinder turbo engine.  The 1.6-liter will be offered on the LX trim.  Pushing out an estimated 178 horsepower at 5,500 rpm and a stout 195 lb.-ft. of torque at just 1,500 rpm, the new engine mates to a seven-speed DCT, a first for the Kia brand.  The transmission optimizes the engine’s responsiveness for a sporty feel that doesn’t sacrifice fuel economy.  Also new for the Optima, Michelin®11 tires are available on all trims.  All three engines channel energy through the front wheels.

About Kia Motors America
Kia Motors America (KMA) is the marketing and distribution arm of Kia Motors Corporation based in Seoul, South Korea, and in 2014 was the #1 ranked mainstream brand according to Strategic Vision’s Total Quality Index.  KMA proudly serves as the “Official Automotive Partner” of the NBA and LPGA and set an all-time annual sales record in 2014, surpassing the 500,000 unit mark for the third consecutive year. KMA offers a complete line of vehicles, including the rear-drive K900 flagship sedan1, Cadenza premium sedan, Sorento CUV, Soul urban passenger vehicle, Soul Electric Vehicle, Sportage compact CUV, Optima midsize sedan, Optima Hybrid, the Forte compact sedan, Forte5 and Forte Koup, Rio and Rio 5-door subcompacts and the Sedona midsize multi-purpose vehicle, through a network of more than 765 dealers across the United States.  Kia’s U.S. manufacturing plant in West Point, Georgia, builds the Optima* and Sorento* and is responsible for the creation of more than 14,000 plant and supplier jobs.

Information about KMA and its full vehicle line-up is available at www.kia.com. For media information, including photography, visit www.kiamedia.com.  To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert.

* The Sorento and Optima GDI (EX, SX & Limited and certain LX Trims only) are assembled in the United States from U.S. and globally sourced parts
1 2015 K900 V8 available in select trims and in select markets with limited availability.
2 Warning: Driving while distracted can result in a loss of vehicle control that may lead to an accident, severe personal injury and death. Always drive safely and use caution.
3 The Driving Score is for informational purposes only and is based on factors such as the smoothness, consistency, and length of time that the driver applies the accelerator and brake pedals during a trip segment.
4 Android™ is a trademark of Google, Inc.
5 Apple® is a registered trademark of Apple Inc.  
6  Infinity® is a registered trademark of Harman International Industries, Inc.
7 Clari-Fi™ and QuantumLogicTM are trademarks of Harman International Industries, Inc.
8 These features are not substitutes for safe driving and may not detect all objects around vehicle. Always drive safely and use caution.
9 Actual mileage will vary with options, driving conditions, driving habits and your vehicle’s condition.
10 Michelin® is a registered trademark of Michelin.
11 2015 Soul EV in select markets with limited availability.

 


Honda Named Best Value Brand and Best Overall Brand by Thousands of New-Car Shoppers in KBB.com’s 2015 Brand Image Awards

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Honda Logo

American Honda Motor Co Inc Logo



Honda Named Best Value Brand and Best Overall Brand by Thousands of New-Car Shoppers in KBB.com’s 2015 Brand Image Awards


Honda is the ‘Best Overall Brand’ for third consecutive year


TORRANCE, Calif., April 1, 2015 /PRNewswire-HISPANIC PR WIRE/ — New-car shoppers have once again recognized the Honda brand (automobiles.honda.com) as the ‘Best Value Brand’ and ‘Best Overall Brand’ in Kelley Blue Book’s 2015 Brand Image Awards, based on the company’s Brand Watch™ study. This is the fourth time Honda has been named ‘Best Value Brand’ and marks the third consecutive year it has been recognized as ‘Best Overall Brand’ by non-luxury car shoppers on KBB.com.

Logo – http://photos.prnewswire.com/prnh/20140415/73520

“These awards from KBB.com demonstrate that customers continue to recognize the tremendous quality and value of our products, which are at the heart of the incredible competitive strength of the Honda brand,” said Jeff Conrad, Honda division senior vice president and general manager at American Honda Motor Co., Inc. “We take this recognition from our customers as a mandate to continue building the highest quality, longest lasting vehicles on the road.”

The 2015 Brand Image Awards are based on consumer automotive perception data from the Kelley Blue Book Market Intelligence Brand Watch study. Brand Watch is an online brand and model perception tracking study tapping into 12,000+ in-market new-vehicle shoppers annually on Kelley Blue Book’s KBB.com. The highly comprehensive study offers insight into how shoppers perceive important factors driving their purchase decisions, and captures brand/model familiarity and loyalty among new-car shoppers. Honda was named ‘Best Overall Brand’ by securing the highest average score across ratings of all non-luxury models, and the weight of importance of each of the factors in the study.

“Honda garnered not just one but two extremely important awards in our Kelley Blue Book Brand Image Awards program for 2015,” said Jack R. Nerad, executive editorial director and executive market analyst, Kelley Blue Book’s KBB.com. “Winning vehicle shoppers’ endorsement as the Best Value Brand is a tangible expression of consumers’ perception that Honda vehicles offer industry-leading value, and winning the Best Overall Brand award makes it clear that value isn’t the only attribute for which Honda tops the industry. In fact, it is an industry leader in a variety of important attributes.”

For more information about Kelley Blue Book’s 2015 Brand Image Awards, please visit http://www.kbb.com/new-cars/brand-image-awards/.

About Honda
Honda offers a full line of reliable, fuel-efficient and fun-to-drive automobiles for American car buyers through approximately 1,000 independent U.S. Honda dealers. The Honda lineup includes the Accord, Crosstour, Civic, Fit, and CR-Z along with the Pilot, and CR-V sport-utility vehicles and the Odyssey minivan.

Honda has been producing automobiles in America for more than 30 years and currently operates 16 major manufacturing facilities in North America. In 2014, 98 percent of all Honda brand vehicles sold in U.S. were made in North America, using domestic and globally sourced parts.

 


NSHMBA’s Board of Directors Appoint Thomas Savino as Interim CEO

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NSHMBA’s Board of Directors Appoint Thomas Savino as Interim CEO


DALLAS, April 1, 2015 /PRNewswire-HISPANIC PR WIRE/ — The National Society of Hispanic MBAs (NSHMBA) announced today that Manuel Gonzalez has resigned as CEO but will continue to serve on the Board of Directors. The Board has appointed board member Thomas Savino as interim CEO, and a special committee of the board will immediately begin the search for a permanent CEO.

“We want to thank Manny for his five years of service to NSHMBA,” said Stuart Jara, Chairman of the Board. “Also, we are very pleased that he agreed to stay engaged with the organization. Our interim CEO Thomas is a capable leader with deep roots in our organization. I’m confident that he will successfully lead us through this transition.”

Mr. Savino, a NSHMBA Board member and former chapter leader, is currently the Managing Director of TMS Consulting. Previously, he was a management consultant with McKinsey & Company. He holds an MBA in finance from Fordham University and a B.S. in public relations from Boston University.

“I’m excited about the future of the organization,” Mr. Savino said. “The Board of Directors and the executive leadership team remain committed to our goal of becoming the leading catalyst for Hispanic achievement by 2025.”

About the National Society of Hispanic MBAs

Founded in 1988, the National Society of Hispanic MBAs (NSHMBA) is a national 501(C)(3) nonprofit organization dedicated to promoting educational excellence, economic and social opportunities for Hispanics. With a national network of 40 local chapters and 30,000 members, NSHMBA represents the Hispanic community in the United States and Puerto Rico. For more information, please visit www.nshmba.org.


Southwest Airlines And The Hispanic Association Of Colleges And Universities Now Accepting Applications For The Lanzate Travel Award Program For College Students

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Southwest Airlines And The Hispanic Association Of Colleges And Universities Now Accepting Applications For The Lanzate Travel Award Program For College Students


DALLAS, April 1, 2015 /PRNewswire-HISPANIC PR WIRE/ — Southwest Airlines (NYSE: LUV), in conjunction with the Hispanic Association of Colleges and Universities (HACU), today announced that they are accepting applications for the 11th annual “¡Lánzate!/Take Off!” Travel Award program. Online applications will be accepted through May 15, 2015, at www.hacu.net. The program is geared toward Hispanic college students with economic need who pursue higher education at least 200 miles away from home.  All applicants must complete an online application including an essay describing their inspiration to pursue a college degree.

Educators and education advocates from around the country will form a diverse judging panel this summer to select the 2015 Travel Award recipients. To view the criteria for the 2015 award program, please visit: SWAmedia.  Each selected student winner is eligible for up to four roundtrip tickets for use by the student and/or a family member traveling to/from the university.

“Over the last 11 years, we have seen more than 700 inspirational students reach their dreams through their pursuit of higher education,” said Christine Ortega, Southwest Airlines Manager of Community Affairs & Grassroots.  “We are proud and excited to once again offer this award to encourage the dreams of Hispanic students.”

“The Hispanic Association of Colleges and Universities is proud of its continued partnership with Southwest Airlines ¡Lánzate! Travel Award Program,” said HACU President and CEO Antonio R. Flores. “The compelling essays of more than 4,500 students received through the years underline the importance for our students of balancing their education and their families. Through HACU’s partnership with Southwest Airlines, the cost for these students of traveling back home is eliminated, and countless families have received a way to stay connected during their higher education journey.”

More than 1,500 roundtrip tickets on Southwest Airlines have been awarded to students across the nation since the program’s inception in 2005.  Learn more at NUTS About Southwest.

ABOUT HACU

The Hispanic Association of Colleges and Universities represents approximately 450 colleges and universities committed to Hispanic higher education success in the U.S., Puerto Rico, Latin America and Spain. HACU is the only national association representing existing and emerging Hispanic-Serving Institutions (HSIs). Information is available at www.hacu.net.

ABOUT SOUTHWEST AIRLINES CO.

In its 44th year of service, Dallas-based Southwest Airlines (NYSE: LUV) continues to differentiate itself from other air carriers with exemplary Customer Service delivered by more than 46,000 Employees to more than 100 million Customers annually.  Southwest operates more than 3,400 flights a day, serving 94 destinations across the United States and six additional countries.  Southwest service to Puerto Vallarta, Mexico, begins in June 2015; and subject to government approvals, service to Belize City, Belize begins in October 2015.

Based on the U.S. Department of Transportation’s most recent data, Southwest Airlines is the nation’s largest carrier in terms of originating domestic passengers boarded. The Company operates the largest fleet of Boeing aircraft in the world, the majority of which are equipped with satellite-based WiFi providing gate-to-gate connectivity while over the United States.  That connectivity enables Customers to use their personal devices to access streaming music provided by Beats Music or to view video on-demand movies and television shows, as well as nearly 20 channels of free, live TV compliments of our valued Partners.  Southwest is the only major U.S. airline to offer bags fly free® (first and second checked pieces of luggage, size and weight limits apply), and there are never reservation change fees, although fare differences might apply. In 2014, the airline proudly unveiled a bold new look:  Heart.  The new aircraft livery, airport experience, and logo, showcase the dedication of Southwest Employees to connect Customers with what’s important in their lives.

From its first flights on June 18, 1971, Southwest Airlines launched an era of unprecedented affordability in air travel described by the U.S. Department of Transportation as “The Southwest Effect,” a lowering of fares and increase in passenger traffic whenever the carrier enters new markets.  With 42 consecutive years of profitability, Southwest is one of the most honored airlines in the world, known for a triple bottom line approach that contributes to the carrier’s performance and productivity, the importance of its People and the communities they serve, and an overall commitment to efficiency and the planet. The 2013 Southwest Airlines One Report™ can be found at Southwest.com/citizenship.

Book Southwest Airlines’ low fares online at Southwest.com or by phone at 800-I-FLY-SWA.

 


L’Oreal Paris Announces Call For 2015 Women Of Worth Nominations

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L’Oreal Paris Announces Call For 2015 Women Of Worth Nominations

ANNUAL CELEBRATION MARKS 10th ANNIVERSARY OF HONORING EXTRAORDINARY WOMEN DEDICATED TO SERVING THE NEEDS OF OTHERS


NEW YORK, April 1, 2015 /PRNewswire-HISPANIC PR WIRE/ — L’Oreal Paris Women of Worth launches its annual call for nominations to recognize inspiring women who are making a difference in communities across the country. Now in its tenth year, Women of Worth embodies L’Oreal Paris’ iconic brand philosophy “Because I’m Worth It,” and demonstrates the powerful connection between giving back and igniting a sense of self worth. L’Oreal Paris is accepting nominations for the next 10 honorees today through May 15 at WomenofWorth.com.

Photo – http://photos.prnewswire.com/prnh/20150311/181070

Logo – http://photos.prnewswire.com/prnh/20141031/155926LOGO

Over the last decade, Women of Worth has recognized 90 extraordinary women, shining a spotlight on their stories and causes. From this platform the L’Oreal Paris Women of Worth have continued to thrive, receiving further accolades from government and media, authoring books, impacting legislation and expanding support for the causes they serve. Past honorees have been involved in a range of important issues from empowering young Latinas and mentoring at-risk youth, to advancing the detection of breast cancer and addressing child hunger.

“At L’Oreal Paris, we believe that all women are worth it. We know that when empowered, women can overcome any obstacle and accomplish whatever they set out to achieve,” said L’Oreal Paris President, Karen T. Fondu. “For the past decade, Women of Worth has strived to recognize women who have faced adversity and found a way to make a difference in the lives of others. With Women of Worth, our goal is to provide honorees with a national platform to raise awareness for their important organizations, as well as inspire others to pursue their passions.”

WOMEN OF WORTH WEDNESDAYS

In honor of Women of Worth’s 10th anniversary, L’Oreal Paris is launching “Women of Worth Wednesdays,” a social content series that encourages followers to celebrate the women who inspire them every day. Whether teachers or mothers, mentors or friends, women are invited to join the conversation on Twitter, Facebook and Instagram by tagging the women that inspire them with #WomenofWorth.

CALL FOR NOMINATIONS: 2015 WOMEN OF WORTH

The nominations period for Women of Worth, conducted in partnership with Points of Light, the world’s largest volunteer service organization, will run through May 15. A respected panel of judges will select 10 women to each receive $10,000 towards her cause and one woman will be named the National Honoree and awarded an additional $25,000, following an online public vote later this year. All 10 honorees will be recognized in December at an awards ceremony hosted by L’Oreal Paris in New York.

“L’Oreal Paris Women of Worth is an example of the incredible energy created when we take time to recognize the amazing efforts of volunteers,” said Tracy Hoover, CEO, Points of Light.

“These exceptional women are truly points of light— leveraging their time, skills and resources to bring about change by tackling some of the world’s most pressing challenges and motivating others to serve.”

For more information about Women of Worth, nominate a woman making a difference and to learn more about past honorees, visit www.WomenofWorth.com.

ABOUT POINTS OF LIGHT
Points of Light – the world’s largest organization dedicated to volunteer service – mobilizes millions of people to take action that is changing the world. Through affiliates in 250 cities and partnerships with thousands of nonprofits and corporations, Points of Light engages 4 million volunteers in 30 million hours of service each year. We bring the power of people to bear where it’s needed most. For more information, go to http://www.pointsoflight.org.

ABOUT L’Oreal PARIS
The L’Oreal Paris division of L’Oreal USA, Inc. is a total beauty care company that combines the latest technology with the highest in quality for the ultimate in luxury beauty at mass. The L’Oreal Paris brand encompasses the four major beauty categories – hair color, haircare, skincare and cosmetics – and includes such well-known brands as Preference, Excellence, Feria and Healthy Look hair color; Advanced Haircare, Advanced Hairstyle, Elnett Satin Hairspray, EverPure, EverStrong, EverSleek, EverCreme, EverStyle, EverCurl and L’Oreal Paris Kids hair care; Advanced Suncare, Youth Code, Revitalift, Age Perfect, Ideal Clean, Ideal Moisture, Sublime Bronze and Men’s Expert skincare; and the Colour Riche, True Match, Infallible, Visible Lift and MAGIC cosmetics collections, along with a portfolio of mascara including Voluminous, Double Extend and Telescopic among many others. For more information on L’Oreal Paris and its brands, and to receive personalized beauty advice, expert tips and exclusive beauty content 24-7 (wherever you may be), check out www.lorealparisusa.com.


(Español) CRC Industries, Inc. adquiere a ChemFree Corporation

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CRC Industries, Inc. Acquires ChemFree Corporation


WARMINSTER, Pa., April 1, 2015 /PRNewswire-HISPANIC PR WIRE/ — CRC Industries, Inc. announces the acquisition of ChemFree Corporation located in Norcross, GA, a subsidiary of Intelligent Systems Corporation, which is traded on the NYSE MKT under the symbol INS.

Logo – http://photos.prnewswire.com/prnh/20150331/195848LOGO
Logo – http://photos.prnewswire.com/prnh/20120111/PH33464LOGO

CRC Industries is a global leader in the production of specialty chemicals for maintenance, repair and operational professionals and do-it-yourselfers within the automotive, heavy duty truck, marine, electrical, industrial, hardware and aviation markets.

ChemFree Corporation manufactures the SmartWasher® Bio Remediating Parts Washing System, providing an alternative method for cleaning vehicle and maintenance parts without harming humans or the environment.  The SmartWasher® system consists of the SmartWasher® parts washer, OzzyJuice® Degreasing Solutions and OzzyMats™ which are microbe impregnated filters.  The ChemFree Smartwasher® product line is distributed in more than 40 countries and marketed under multiple patents.

The SmartWasher® system eliminates or dramatically reduces waste streams, as well as the expense of hazardous waste removal and associated liabilities.  Combining the ChemFree product line and CRC’s broad specialty chemical platform will create superior performance and enhanced environmental responsibility, as well as new product growth opportunities.

Scott Grey, CEO of CRC Industries, Inc., states, “Our mission is to satisfy the needs of general maintenance, auto repair and do-it-yourself markets for high quality specialty chemical products.  This acquisition creates sustainable competitive advantages and values for our customers worldwide.”

Tom McNally will continue as Vice President and General Manager of the ChemFree business. The manufacturing, sales, customer service, distribution and administration offices will remain headquartered in Norcross, GA and will report directly to Wayne King, President – CRC Americas Group.

About CRC Industries:

CRC Industries Inc., a worldwide industry leader, was founded in 1958 as Corrosion Reaction Consultants with a single product.  Today the company’s products are sold globally and CRC operates 26 facilities producing more than 80 million cans of aerosol products each year.

CRC trademarked brands include: CRC®, Ambersil, KF, Kontakt Chemie®, Sta-Lube®, K&W®, Marykate® and Kitten®.


Texas Home Buyers: Here’s Your Chance to Win One Month’s Mortgage Payment

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AUSTIN, Texas, April 1, 2015 /PRNewswire-HISPANIC PR WIRE/ — Today, the Texas State Affordable Housing Corporation (TSAHC) announced it will be paying one month’s mortgage payment for five lucky winners as part of its “Mortgage-Free Monday” raffle.  To be eligible to win, home buyers must close a loan using TSAHC’s home buyer programs between April 1 and June 26, 2015. TSAHC will conduct the drawing on Monday, June 29, 2015.

Logo – http://photos.prnewswire.com/prnh/20150331/195733LOGO

Logo of Texas State Affordable Housing Corporation. (PRNewsFoto/Texas State Affordable Housing Corporation)

TSAHC is a statewide nonprofit organization created at the direction of the Texas Legislature to serve the housing needs of Texas families and individuals. TSAHC’s home buyer programs provide eligible home buyers with several assistance options, including fixed-rate mortgage loans and grants for down payment.  Home buyers who have not owned a home in the last three years can also apply for a special annual tax credit known as a mortgage credit certificate. 

TSAHC’s home buyer programs are open to low and moderate-income households including teachers, police officers, correctional officers, fire fighters and EMS personnel and military veterans. To view additional eligibility requirements, take the eligibility quiz on TSAHC’s website www.tsahc.org.

“We are excited to offer this special opportunity to home buyers who use our programs to buy a home from now until June 26th,” said David Long, TSAHC President. “June is National Homeownership Month, and we look forward to celebrating homeownership by making one mortgage payment for five lucky winners.”

Potential home buyers interested in buying a home and entering the “Mortgage-Free Monday” raffle should visit TSAHC’s website www.tsahc.org to learn more about TSAHC’s home buyer programs and view the raffle terms and conditions.

About Texas State Affordable Housing Corporation:
The Texas State Affordable Housing Corporation (TSAHC) is a statewide non-profit organization created at the direction of the Texas Legislature whose mission is to serve the housing needs of low-income Texans and other underserved populations who do not have comparable housing options through conventional financial channels.  For more information, please visit www.tsahc.org

Contact: Janie Taylor (512) 477-3563

OAS Companies ask for Judicial Recovery

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SAO PAULO, March 31, 2015 /PRNewswire-HISPANIC PR WIRE/ — OAS Group has filed this Tuesday (31) an application for Judicial Recovery of nine of their companies to the Judiciary of the State of Sao Paulo. The initiative was the best path found by the Group to renegotiate their debts with creditors and suppliers in view of the intense restriction of credit observed since the end of last year. OAS also decided that it will concentrate efforts on what is its primary purpose, heavy construction.

“The infrastructure sector depends on intense capital financing for the development of projects that support the economic growth of the Country. Since the beginning of the investigations at Petrobras, the financial institutions have systematically restricted the access of enterprises to the resources necessary for the maintenance of projects. With almost 40 years in operation, the OAS has been compelled to take measures that will enable it to continue to operate in a healthy process of renegotiation of debts, while preserving thousands of direct and indirect jobs,” says Fabio Yonamine, OAS Investments president.

OAS will bring to this case’s table very distinct contributions from those observed in other Judicial Recoveries. A company having the resources to maintain their activities, valiant assets and a team of professional managers provides the customers, creditors and suppliers a much safer environment for negotiations.

“We will sell our assets in a Judicial Recovery case in order to give safety to the investors so that they are not at risk of having their business disputed in Justice by OAS creditors. The divestment of assets is motivated also by the decision to prioritize the core business of the Group, which is our heavy construction arm, Construtora OAS,” says Diego Barreto, Construtora OAS Corporate Development director.

Assets that will be put up for sale are the participation of OAS S.A. in Invepar (24.44% of the business), the slice of Enseada Shipyard (17.5%), OAS Empreendimentos (80%), OAS Soluçoes Ambientais (100%), OAS Oleo e Gas (61%) and OAS Defesa (100%). Arena Fonte Nova (50%) and Arena das Dunas (100%) will also be traded.

Barreto also emphasizes that Construtora OAS is applying for Judicial Recovery for technical reasons, since it is a guarantor of the funding of the Group, not because of a lack of liquidity, which is a problem that has reached the other companies included in the application (OAS S.A. , OAS Imoveis S.A., SPE Gestao e Exploracao de Arenas Multiuso, OAS Empreendimentos S.A., OAS Infraestrutura S.A., OAS Investments Ltd., OAS Investments GmbH and OAS Finance Ltd.). 

After the granting of the recovery application by the Judiciary, OAS will have 60 days to submit the plan for the restructuring of debts to creditors and suppliers, who will have 120 additional days to discuss and approve the proposal. Debts incurred up to today’s date (March 31) will be frozen and renegotiated. All debts made from the month of April will be fully complied with. Payment of salaries and benefits of employees are not affected by the Judicial Recovery process. Directly or indirectly, there are more than 100 thousand employees involved.

The Judicial Recovery application does not include the Special-Purpose Societies (SPEs – “Sociedades de Proposito Especifico“) of OAS Empreendimentos, which are responsible for the development and construction of real estate ventures in several Brazilian States. This way, no purchasers of the properties will be affected by any agreement established within the Judicial Recovery.

Also excluded from the Judicial Recovery are Arena das Dunas, Arena Fonte Nova, OAS Solucoes Ambientais and OAS Oleo e Gas, in addition to OAS holdings in the Porto Novo dealership, in Enseada Shipyard, in OAS Logistica, in OAS Energy and OAS Defesa.

The difficulties for OAS began in November, from the investigations on Petrobras, which resulted in the termination of credit lines. At the same time, customers briefly suspended their payments and new contracts. As a result, rating agencies have lowered OAS’s grade, which has led to the early maturity of its debts.

With the aggravation of the situation, OAS has decided, at the end of 2014, to temporarily suspend the payment of debts maturing in January. The immediate goal was to continue the operations, maintain the payroll up to date and fulfill tax commitments.

Construtora OAS is investing in a professionalized governance, in the corporate remodeling, in the reviewing of their management processes, in the strengthening of the compliance and internal audit departments, in addition to strict guidelines to reduce risks in conducting business. The goal is to make the company leaner, more agile, more competitive, focused on productivity and costs.

Contact
+ 55 11 3874-2028/2040

Live Nation And Europcar Announce Partnership Across Australia And New Zealand

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Live Nation And Europcar Announce Partnership Across Australia And New Zealand


MELBOURNE, Australia, March 31, 2015 /PRNewswire-HISPANIC PR WIRE/ — Live Nation Australasia, a Live Nation Entertainment, Inc. (NYSE: LYV) company, is pleased to announce an official partnership with Europcar Australia and New Zealand as the exclusive car rental partner across Australia and New Zealand.

Logo – http://photos.prnewswire.com/prnh/20150330/195331LOGO

The three-year partnership brings together travel and live entertainment, connecting Europcar with some of the biggest live events throughout Australia and New Zealand. In addition, Europcar will become the preferred supplier for Live Nation’s vehicle hire.

As part of the partnership, customers of Europcar will gain access to an exciting suite of Live Nation benefits including exclusive content, ‘Money Can’t Buy’ experiences and VIP ticketing to Live Nation events. Additional benefits will also be available to Europcar Privilege members.

Michael Coppel, president and CEO of Live Nation Australia and New Zealand, said: “We welcome Europcar to the family of brand partners and look forward to working with them on enhancing their customer value proposition and loyalty program. Live Nation’s 2015 calendar of events is truly exciting for our brand partners as we continue to provide the best all-round entertainment offering for a select group of exclusive partners.”

Ron Santiago, managing director of Europcar Australia and New Zealand, said: “This relationship is highly valuable to Europcar customers, our Privilege members and Live Nation ticket holders. Travel and live events belong together, and we want to ensure these special experiences are memorable. Because of this, Live Nation ticket holders will have access to exclusive Europcar car rental offers and enjoy the convenience of booking their car of choice to get to their live event of choice.”

Europcar joins Qantas, Spark, Rdio and NSW Health, plus international partners American Express and Hilton Hotels and Resorts, as current Live Nation Brand Partners.

Live Nation’s partnership with Europcar is one of a limited number of exclusive brand partnerships Live Nation Australia and New Zealand will enter.

The partnership was brokered by Sydney-based entertainment partnerships agency mixitup Australia, a Live Nation Australia and New Zealand joint-venture company.

Greg Segal, managing director of mixitup, said: “Live Nation continues to provide benefits that excite and motivate new and existing customers with truly unique opportunities that can be tailored to various objectives. We look forward to working closely with Europcar over the course of our partnership to continue to evolve their loyalty and rewards programs with truly unique opportunities.”

About Live Nation Entertainment

Live Nation Entertainment (NYSE: LYV) is the world’s leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, Live Nation Media & Sponsorship and Artist Nation Management. For additional information, visit www.livenationentertainment.com.

About Europcar Australia and New Zealand: Europcar is one of the leading mobility players in Europe. Present in 145 countries, the group provides customers with one of the largest vehicle rental networks through its own operators, franchisees and partnerships. Europcar operates worldwide its own brands Europcar® and InterRent, which is its low cost brand. The group puts customers at the heart of its mission whether it is innovation or service. All the employees of the group are committed to delivering customer satisfaction. Europcar is actively promoting Corporate and Environmental social responsibility. Europcar has been awarded again in 2013 for the 5th consecutive year, by the World Travel Awards. Europcar is owned by Eurazeo, one of the leading listed investment companies in Europe. In Australia and New Zealand, Europcar is one of the most popular providers of car rental services, operating a large fleet of quality vehicles across a network of more than 123 locations in Australia and 19 locations in New Zealand. Visit: www.europcar.com.au or www.europcar.co.nz

About mixitup:

mixitup is Australia’s leading brand entertainment agency, working across Australia, New Zealand and Asia. Established in 2006, mixitup creates and exclusively represents cultural assets, connecting customer centric brands to game changing content and experiences. For additional information, visit: www.mixitup.com.au