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Does this mean that the results of the last Convention are really nothing more than an option?
Synonymer Synonymer engelsk for "option":. English alternative choice pick selection. English I could take the easy option and suggest that we vote 'no ' as we did last time.
English It is just not an option to force goods or passengers back onto the railways. English Freight transport is forced onto the roads because it is the most effective option.
English No matter what, the lifting of the arms embargo cannot be an option for our group.
English Selecting an option will retrieve the relevant report directly from AdSense. English However, doing nothing in the light of declining cod stocks is not an option.
English To place your ads in this auction, you set a bidding option in your account. In the Lighting division, on the one hand, there is the risk that the LED technology will be replaced by other technologies before the majority of existing normal luminaires have been replaced by LED, and on the other hand that the smart lighting solutions would not have filled this declining market in time.
The cash position stood at EUR 0. The gross financial debt amounted to EUR 4. The debt position did not change significantly compared to the beginning of the year, although the reference shareholders have allowed the company additional loans to enable it to repay the remaining external bridge financing of EUR 0.
Management continues to believe that until the moment a positive cash flow is obtained in the Solutions segment, the EBITDA derived from the Services and Lighting segments should be capable of fully offsetting the negative EBITDA of the Solutions segment, which was not yet the case in the first half of the year however.
Anticipating the breakthrough of the new products launched by Crescent NV in the IOT market, the reference shareholders have promised their support to meet the cash needs in this interim period if the Company cannot yet generate the funds itself.
For example, they increased their advances in the third quarter by EUR 0. The Board of Directors has taken the decision to reduce the company's debt position by year-end by incorporating all existing debts to shareholders as a result of the recent and the two still ongoing acquisitions, as well as the advances made by shareholders to improve the liquidity position, into capital.
This contribution in kind will represent a nominal amount of approximately EUR 5 million. The Board of Directors also approved the issuance of a new warrant plan for senior management.
Based on the improvement in EBITDA and the debt reduction described above, the Board of Directors is of the opinion that the Company will have sufficient means to realize its plan in the coming years.
Full press release including tables - click here. Crescent Half year report - click here. De relevante gegevens van deze transparantiemelding is als volgt:.
Statutory Accounts - Enkelvoudige Jaarrekeningen Statutory Accounts — Enkelvoudige Jaarrekeningen VAN 1.
Bijlage A - Bijzonder verslag van de raad van bestuur overeenkomstig artikel van het wetboek van vennootschappen.
Bijlage B - Verslag van de commissaris overeenkomstig artikel van het wetboek van vennootschappen.
Bijlage C - Akte kapitaalverhoging. Bijlage F - Jaarverslag en jaarrekening Bijlage G - Jaarverslag en jaarrekening Bijlage H - Jaarverslag en jaarrekening Bijlage K - Persberichten.
VAN Bijlage J — Jaarcijfers The involved shareholders must comply with the statutory requirements and regulations in this regard.
De betrokken aandeelhouders dienen zich te conformeren naar de wettelijke voorschriften ter zake. Download PDF. New technologies are changing the way health services are delivered, allowing recipients to remain in their homes to receive care and to avoid costly hospital stays.
SimplyHome of Asheville, N. The solution was developed together with Aeris www. By communicating with multiple sensors to observe activities of daily living, the SimplyHome systems proactively alert caregivers and loved ones to changes in behavioral patterns.
Text, email or phone alerts can be generated by a single event, an intersection of multiple events or by inactivity. The SimplyHome systems also help the resident remain independent with environmental controls that operate beds, lights, TVs, doors, and more via tablet or voice-activation.
State and federal healthcare agencies encourage in-home care programs as a vital way to deliver efficiencies. The M2M Summit Scandinavia presents a brand new platform to discover the latest trends and developments in the rapidly evolving field of M2M communication.
You can expect a vibrant conference and exhibition, where major M2M actors — including Option — meet, exchange and bring their M2M solutions to a truly international audience.
Over 1. In addition to an M2M zone in the exhibition area at the Embedded Conference, the one-day M2M conference provides a unique platform for the presentation of new trends and interesting business cases.
Option welcomes key customers as well as System Houses and System Integrators interested in reselling this unique solution intelligent M2M gateway and the provisioning server.
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Round Solutions and Option will both welcome key customers as well as System Houses and System Integrators interested in reselling this unique solution intelligent M2M gateway and the provisioning server.
According to the research report, Contributing to the pain of declining ARPUs has been slower than expected migration to 3G and 4G technologies which offer better margins per megabit of traffic.
Connection traffic and application needs have not grown enough to require 3G and 4G connections. But another reason is disparity in M2M module pricing — 3G and 4G cellular modules are over 2 times and 6 times more expensive than 2G modules.
Operators dedicated to the M2M market are aggressively moving up the stack and either adding services or partnering to grow their share of the M2M pie.
Scala is one of the global leading providers of digital signage and location-based media solutions. This is one of the leading partner events in the mobile operator segment focusing on M2M trends, M2M user applications and technology demonstrations.
For Option this is a great opportunity to strengthen its relationships in the European M2M market and to show the unique features of its CloudGate solution.
Moreover, they are available to meet with both end-customers as well as M2M System Integrators about the CloudGate solution on the European market.
The VAS market represents an array of business and technical services that complement managed cellular connectivity and application platform services.
These services enable application developers, service providers and corporate adopters to create, deploy and manage cellular M2M applications.
Global M2M cellular connections are expected to rise to However, the cost and complexity of developing, deploying and operating cellular M2M applications is daunting, leading increasing numbers of companies to outsource cellular M2M application development, deployment and in many cases operation, to VAS providers.
For device manufacturers, Axeda Ready provides a testing and implementation program that validates their connectivity via the Axeda agent protocol or their own device protocol.
The program includes development and certification of Axeda Codecs protocol translators that leverage the Axeda AnyDevice Service to enable device makers to connect to Axeda using their own device protocol.
By enabling more devices and services to quickly and easily integrate with the Axeda Machine Cloud, the Axeda Ready program broadens connectivity options for customers and partners.
With more than 20 years of experience and many industry firsts, Option has always been at the forefront of wireless industry. CloudGate also allows simple integration and provisioning of applications and the Axeda Ready agent into its Linux software environment.
With a single SKU, CloudGate will work with all of the major network operators in North America and can be configured for the desired service provider at the time of installation.
CloudGate is ideal for cost sensitive applications that need a flexible end point device that can manage the connectivity.
ClearConnex is an innovative wireless embedded engineering firm with extensive experience in wireless device design and development.
ClearComm is a mature, proven, hardware agnostic software platform that can be loaded on any off-the-shelf modem or added to custom designed hardware which provides communication functionality as good as or better than any closed modem on the market.
The off-the-shelf modem can be made even better by customizing ClearComm with ClearConnex engineering services to meet your specific needs.
This method results in customized solutions at off-the-shelf prices. Since Diamond Technologies has been focused on assisting its customers in improving their products, machines, systems, and operations.
Echelon Corporation develops, markets and supports the world's most proven, open standard, multi-application energy control networking platform.
The Echelon platform powers energy-savings applications for smart grids , smart cities and smart buildings.
SmartServer 2. It provides an open platform for easy integration of equipment, systems, operator workstations, and enterprise applications.
GlobalSat WorldCom Corp. The TRB is a multi-functional and economically feasible communication platform for mobile positioning applications.
It integrates highly sensitive GPS module and quad-band 3G GSM communication module with a powerful micro controller that fits into a compact enclosure.
It provides real-time GPS positions anytime and anywhere with an open view to the sky, and offers precise positioning, and reports vehicle status to the server with necessary information shown on the map.
Enterprises utilizing CelloTrack family products can greatly reduce financial losses incurred by stolen or lost assets and by non-optimized logistics, inventory management or maintenance.
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First of all, many of our customers are launching products with lifecycles of years. As the product itself is connected, for example a car, it also means the connected service can constantly evolve, hence the connected service experience in a car should always feel up to date.
In a hyper-competitive global market place the lifecycle view is important. Making it easier for customers not only to build a connected service to reduce time to market, but also to efficiently manage and operate the service over time is critical.
Finally, ensuring that the service is flexible enough to evolve, as market needs and technology are constantly changing, is equally important.
Let me give a couple of examples, starting with the connected car — within a few years it has moved from basic safety and breakdown assistance services to multiple services both within and outside the car.
These include navigation with real time traffic information and weather reports, streaming internet radio and other infotainment services.
Pay-as-you-drive insurance schemes, road tolls and remote diagnostics to enable proactive service bookings are other examples of connected services.
Additionally, the services are deployed in more and more countries. Hence, the connectivity needs and the services around connected products are drastically changing.
Another example is the home alarm; from being just an SMS transmission in the event of an alarm, it is becoming a communication hub in the home, remotely opening doors, and steering home appliances.
Of course, more advanced alarm services can now be offered, such as real-time visuals and updates when your children get home from school.
The key to success is to build in a flexible approach in the offering to enable constant fine tuning. The early stages of solution design are important.
Designing based on open standards and avoiding technical lock-ins is of course essential if your product is going to be in market for the next 10 years.
This also means we can take an agnostic approach to communication technology. In addition, as more and more products are going online, hacking attempts are likely to increase.
Building in security features, optimized for wireless communication is getting increasingly important and an aspect you should pay full attention to right from start.
Operating connected services across different regions and technologies is increasingly complex and requires end-to-end know-how to ensure the best end-user experience.
The task grows naturally over time as volumes are increasing. As the market evolves over time it is critical to enable flexible business logics — ensuring our customers can try out new business models to capture new market segments and make it easier to consume connected services.
In a changing world our customers will constantly evolve and tune their go-to-market proposition, which in turn requires new innovative flexible billing and charging services on our end.
Enabling connected services is so much more than supplying SIM and connectivity. Taking an end-to-end and holistic approach is critical to fully identify the key requirements that the solution should fulfill from the start and throughout the entire product lifecycle to remain competitive.
Source: www. The CloudGate automatically resolves problems associated with wireless M2M connectivity and incorporates two hardware expansion slots for RS and WiFi functionality.
Additional information on these new CloudGate products may be viewed in this video. The devices are also available by calling within North America ; or please find your local sales engineer worldwide at Local Sales Support.
The total number of listed shares of Crescent NV will therefore increase from ,, to 1,,, The new shares will be listed from July 17 at the latest.
Crescent NV has also added corrected consolidated financial statements on its website, which correct the results per share in the previously published financial statements.
Het totaal aantal noterende aandelen van Crescent NV zal daardoor verhogen van De nieuwe aandelen zullen noteren uiterlijk 17 juli.
Crescent NV heeft op haar website eveneens een gecorrigeerde geconsolideerde jaarrekening toegevoegd, die het resultaat per aandeel corrigeert in de eerder gepubliceerde jaarrekening.
EBITDA for the quarter turned positive and the company maintains its outlook guidance of double digit growth for calendar The board of directors will present the appointment of 4 independent directors to the general meeting of shareholders of 20 June.
Crescent will organize an extraordinary shareholder meeting dd. The net equity position of the company will not be affected by this operation and remains at 4.
De EBITDA voor het kwartaal werd positief en de onderneming handhaaft haar vooruitzichten voor groei met dubbele cijfers voor kalenderjaar De raad van bestuur zal de benoeming van 4 onafhankelijke bestuurders voorleggen aan de algemene aandeelhoudersvergadering van 20 juni.
Crescent zal een buitengewone aandeelhoudersvergadering organiseren dd. The financial information reported in this release is presented in Euros and has been prepared in accordance with the recognition and measurement criteria of IFRS as adopted by the European Union.
The accounting policies and methods of computation followed in the attached financial statements are essentially the same as those followed in the most recent annual financial statements.
With the loyal support of many small investors and a few strong reference shareholders, we succeeded in converting a huge financial debt of EUR 29 million into capital.
At the same time, drastic measures were taken to reduce the workforce in a socially responsible manner and to quickly reduce recurring expenses to an affordable level without affecting the basic competencies of Option.
These were important first tactical realizations within a rescue trajectory that few thought possible, but in which it was already clear at the time that we also had to take strategic action to put Option back on profitable tracks.
Remediation to survive was one thing, but achieving sustainable growth was another challenge of a different order. With the arrival of Alain Van den Broeck at the head of the new integrated Crescent group and with Michallis Pashidis as CTO, we were able to significantly strengthen the senior management team shortly afterwards.
We could now gradually start working on the strategic refocusing of the Crescent group with an increased focus on an IOT 'Systems and Solutions' profile and with an 'end to end' value creation story thanks to synergies with Innolumis smart lighting and with 2Invision managed services.
On the one hand, we chose to quickly and drastically upgrade Option's cloudgate platform and to prepare a number of targeted investments in emerging vertical markets for smart lighting and smart energy systems.
We recently received support from the government for the latter. The recovery of previously paid social security fines will also contribute to the elimination of the enormous debt burden that has weighed on the company for years.
The ultimate turn around is now really under construction. I am pleased that recently we have also been able to convince four very competent and professional Directors to assist us in this fascinating but difficult course and I take this opportunity to sincerely thank everyone, who continued to believe in us and supported us in this ultimate rescue attempt, for their confidence.
We are determined to complete this story successfully. The best is yet to come! Although Crescent Ventures NV formerly Crescent NV is legally the subsidiary, it is therefore regarded as the parent company for the purposes of the consolidated accounts.
This transaction has considerably changed the financial position of Crescent NV, and has substantially changed the consolidated statements.
It may also be emphasized that the consolidated income statement is not representative of a full year of operations of the group as compiled at the end of , because on one hand only seven months of results from Crescent NV were included and that its expenses also include non-recurring costs EUR , in severance pay and EUR , in costs related to the reverse acquisition , and on the other hand only nine months of results from NE-IT Automatisering BV and NE-IT Hosting BV that were acquired at the end of March The pro forma turnover of the group for a full year of operations would have amounted to EUR The explanation for the largest movements from to in the profit and loss statement and the balance sheet are the result of the aforementioned reverse takeover, but also of the evolution of other changes in the composition of the group from one year to the next.
For a detailed report on the consolidated Income Statement and Balance Sheet, we refer to the financial report below. They contributed to the group's revenue for EUR 2,, This decrease can only be attributed to the lower sales of the Cloudgate products whose introduction of the new announced gamma was postponed by six months until the second quarter of due to certification problems.
The two causes were, on the one hand, the delayed completion of several large projects and, on the other hand, the reduced portfolio of new projects.
The above table clearly shows the correlation between the increased or decreased revenue and the contribution to the group REBITDA, with the only exception being the results of Crescent NV, where the increased revenue for the group contributed negatively to the group result.
The negative net result of of EUR 25,, was largely impacted by the impairment on the initial goodwill of EUR 28,, resulting from the valuation of Crescent NV during the reverse acquisition.
The following are the most important items in the balance sheet at the end of Thousands EUR :. Equity increased as a result of the reverse takeover, but goodwill was increased accordingly.
Full details of the description of the processing and the underlying assumptions can be found in the notes to the financial report.
The issued capital of the company thus amounts to EUR 36,,, and the number of shares increased from ,, to a total of 1,,, All reports regarding this extraordinary shareholders meeting are available online at:.
On September 27, the company announced that the credit agreement with Belfius Bank to refinance and restructure the remaining non-financial historical debt obligations EUR 1.
At year end this is drawn in total for resp. EUR 1. EUR 0. Full year sales amounted to EUR 3. Operating expenses decreased from EUR 7.
In this result, EUR 0. Financial income includes a non-recurring income of EUR 0. These were fully amortized in the accounts in the previous financial year.
The financial costs decreased from EUR 0. With a loss of EUR 2. For the main assumptions and sensitivities of the underlying valuation, we refer to note 9 of the consolidated annual report.
As a result, the capital increased from EUR In addition, shareholders made an additional EUR 2. The existing non-current financial debt of EUR 0.
Belfius Bank also allowed a credit line of EUR 1. As security for this credit line, the trading fund and the acquired shares in Crescent Ventures NV were pledged.
This was mainly used to reduce the outstanding debts to social security charges, taxes and suppliers. On a balance sheet total of EUR The cash position of the group remains limited, but the reference shareholders have indicated that they continue to support the company.
The agreements for the acquisition of the minority interests The number of shares to be delivered amounts thus to 34,, On 13 April an addendum was signed to the agreement for the takeover of the two NE-IT companies.
This provides for a new arrangement for the amounts still to be paid for the acquisition. With regard to the remaining amount of EUR ,, it is agreed that this will be paid by Crescent Ventures by means of delivery of bearer shares in the share capital of Crescent, subject to the provisions in sub b.
The value of each share is set at EUR 0. Delivery of the shares will take place in the following manner:a.
The seller is entitled to the delivery of 11,, bearer shares in the share capital of Crescent. Crescent Ventures is obliged to deliver the aforementioned number of freely tradable shares within 31 days after the aforementioned number has been issued by Crescent, but no later than 31 August to the seller's securities account.
The seller is aware that on 13 April Crescent Ventures does not have freely tradable shares in Crescent's share capital.
If Crescent Ventures does not succeed in delivering the shares referred to in the aforementioned article on time, then the Seller will be entitled to payment of the remaining amount of EUR , in respect of the Purchase Price to the Buyer.
This claim will then become due on September 14, After payment of the advance of EUR , in , Crescent Ventures NV still had to deliver a total of 31,, shares of Crescent NV to the minority shareholders in April and 2,, shares before the end of July At the end of , the Company submitted a request for remission of contribution surcharges to the National Social Security Office.
This amount may be deducted from the following payments of social debts. In , the group took a number of crucial steps in its ambition to refocus and restructure itself.
On May 22, , all but EUR 0. This has enabled the Group to improve its liquidity position, on the one hand by rescheduling the short-term financial debt by EUR 1.
The cash position at the end of December remains limited at EUR 0. The realization of the various three-year plans should furthermore allow more than to supplement the liquidity shortages still foreseen in some companies with cash surpluses in others.
New employee We are happy to announce that Arne Martin Meling joined our team this fall. Case Studies.
More case studies. Contact Samuel J. E-mail: post option.