Archive for the 'Economy' Category

Performance Team Named Top 100 3PL for 4th Year in a Row

Monday, August 23rd, 2010
Performance Team Named Top 100 3PL
for 4th Year in a Row

Los Angeles, CA, Aug 19, 2010 – Performance Team has been selected as an Inbound Logistics Top 100 Third-Party Logistics Provider (3PL) for 2010. Inbound Logistics (IL) editors trimmed the list from over 300 companies to select the top 100 third party logistic providers.

IL editors base their selection on the best logistics solutions providers by carefully evaluating submitted information, conducting personal interviews and online research, and comparing that data to their readers’ burgeoning global supply chain and logistics challenges. The service providers that are selected are companies that, in the opinion of IL editors, offer the diverse operational capabilities and experience to meet readers’ unique supply chain and logistics needs.

Felecia Stratton, Editor of Inbound Logistics, states, “Given the growing complexity of mastering global supply chain management, the role 3PLs play continues to become increasingly important. Recent economic times have forced companies to deal with product scalability, demand volatility, access to capacity, and matching inventory more tightly to demand. Cutting transport costs is also very important, but Inbound Logistics readers say that great 3PL relationships are built not just on cost savings but on consistent customer service. Performance Team qualifies as an Inbound Logistics 2010 Top 100 3PL Provider because it provides a high level of customer service and has shown consistent results in helping customers navigate stormy economic times. Performance Team has also demonstrated ability in helping leading enterprises achieve the efficiency and scalability so important to success in today’s global economic climate.”

ABOUT INBOUND LOGISTICS:

Inbound Logistics the leading trade magazine targeted toward business logistics and supply chain managers. The magazine’s editorial mission is to help companies of all sizes better manage corporate resources by speeding and reducing inventory and supporting infrastructure, and better matching demand signals to supply lines.

For more information, please visitwww.inboundlogistics.com.

ABOUT PERFORMANCE TEAM:
Since 1986, Performance Team (PT) has been an industry leading, privately held Third Party Logistics (3PL) company with over twenty years of experience in warehousing, distribution, consolidation, and transportation. PT has earned a reputation as one of the nation’s top 3PL companies, managing portions of supply chain logistics for large corporations such as Best Buy, Belk, and Gerber Childrenswear LLC. PT has eight domestic hubs strategically located near major ports, interstate highways, and intermodal rail lines, and over three million square feet of distribution and transportation space located in Los Angeles, New Jersey, Seattle, Dallas/Fort Worth, Charleston and Miami.

PT offers a full suite of services including full service Pick and Pack, Distribution, Facility Management, Garment on Hanger, Value Added Services, Kitting, Transportation, Drayage, full EDI/ Interface, Retail Store Deliveries, Deconsolidation and Consolidation Services.

Performance Team has positioned themselves as the “green leader” in the supply chain logistics industry through their multiple green initiatives. PT is committed to being an environmentally responsible organization and has taken initiatives to enhance environmental causes. For more information of Performance Team’s initiatives, please visit www.ptgt.net.

FURTHER INFORMATION:
For media inquires please contact:

Kelley Coughlan
Kelley@ballantinespr.com
Ballantines PR
Tel: 310.454.3080
www.ballantinespr.com

Mike Yerkes new Vice President of Operations, Performance Team NE

Monday, August 23rd, 2010

Performance Team Proudly announces Mike Yerkes as new Vice President of Operations, Performance Team Northeast

Los Angeles, CA, Aug 20, 2010 – Performance Team (PT), a leading provider of supply chain logistics, announces the addition of Mike Yerkes as Vice President of Operations, PT Northeast.

About Mike Yerkes, VP of Operations, Performance Team Northeast:
Mr. Yerkes is backed by an impressive 12-year career at Jones Apparel Group, earning titles of Director of Engineering, VP Business Solutions Group, VP Customer Service, and VP Operations support. While at Jones Apparel Group, Mr. Yerkes led ground-up startups of warehouses across North America, including structural design, facility design, process design, staffing, and training. Yerkes also implemented high speed cross belt and tilt tray sortation utilized in both apparel and footwear distribution. He led IT projects ranging from WMS customization and installation to ERP design and implementation, and also worked closely with senior management on all acquisition integration activities to ensure smooth business transitions.

The veteran also spent two years as Senior Vice President of Operations at The Moret Group. While there, he worked with Customs to set up a First Sale import process, which resulted in significant duty savings. At Moret, he also established new partnership with international logistics companies to better manage freight from factory to point of origin through the use of software and EDI protocols. Mr. Yerkes also made operational changes from factories in China to local distribution in order to increase shipping accuracy to key accounts such as Kohl’s. Through his efforts, Moret’s average performance grade significantly improved in one year.

Mr. Yerkes holds a BS in Industrial Engineering and an MBA from the Pennsylvania State University.

Comments about Performance Team:

“I feel the number one asset a company can possess is its people and this is what drew me to PT,” says Yerkes, “From the top down they have an excellent approach to business as well as the ability to create an environment for their clients that is very flexible and innovative to not just move product, but add value. In addition to good people, they are also well positioned geographically, have an excellent Finance and IT staff and understand what it takes to succeed. I am extremely excited to join the very talented team at PT and I look forward to supporting and contributing to the East Coast growth strategy.”

About Performance Team:

Performance Team (PT) has been an industry leading, privately held Third Party Logistics (3PL) company for over twenty years, with experience in warehousing, distribution, consolidation, and transportation. PT has eight domestic hubs strategically located near major ports, interstate highways, and intermodal rail lines, and over three million square feet of distribution and transportation space located in Los Angeles, New Jersey, Seattle, Dallas/Fort Worth, Charleston and Miami.

PT offers a full suite of services including full service Pick and Pack, Distribution, Facility Management, Garment on Hanger, Value Added Services, Kitting, Transportation, Drayage, full EDI/ Interface, Retail Store Deliveries, Deconsolidation and Consolidation Services.
Performance Team has positioned themselves as the “green leader” in the supply chain logistics industry through their multiple green initiatives. PT is committed to being an environmentally responsible organization and has taken initiatives to enhance environmental causes. For more information of Performance Team’s initiatives, please visit www.ptgt.net.

Further Information:

For more information on Performance Team, please visit www.ptgt.net.
Contact:
Kelley Coughlan
Kelley@ballantinespr.com
310.454.3080
www.ballantinespr.com

LA Times: NeuroSky is the leader in consumer Brain Computer Interface Technology

Wednesday, August 11th, 2010

MEDIA ALERT: According to the Cover of Sunday’s LA Times , Mind Reading is on the Market

NeuroSky Establishes itself as the Leader in Consumer Brain Computer Interface Technology

NeuroSky MindSet
NeuroSky Mindset


Mindflex Game, powered by NeuroSky


NeuroSky’s CEO, Stanley Yang,
using the Uncle Milton
Star Wars Force Trainer

WHAT: According to the cover of August 8th’sLA Times, The NeuroSky ThinkGear™ technology, first of its kind to be applied to the mass market, has propelled NeuroSky as the leader in consumer BCI. With industry leading partners like Mattel, Square Enix (Final Fantasy), Uncle Milton, Sega Toys Co, Toshiba and a number of others, NeuroSky is leading the charge with the introduction of BCI to the general public with the first of many toys and products.

Link to the full story:http://www.latimes.com/business/la-fi-mind-reader-20100808,0,6235181,full.story

WHY:
According to Reporter Shan Li, “The Company’s breakthrough was in harnessing the brain-wave technology found in EEG machines costing $20,000 and up into headsets that consumers could afford.”

The revolutionary NeuroSky chip is used on NeuroSky’s own MindSet headset and in products by partners Mattel (MindFlex) and Uncle Milton (Star Wars Force Trainer.)
The MindSet uses the advanced NeuroSky chip and one dry sensor to sense and interpret the wearer’s brainwaves. The information is sent by Bluetooth technology to a computer. The computer uses the brainwave information to determine the level of attention and meditation. For games like the MindSet video game and the MindFlex and Star Wars Force Trainer physical games, the user’s level of attention is transformed into action.

“Next year, Iceland-based game developer MindGames will roll out Tug of Mind, the Apple App Store’s first mind-controlled game, which also works with a NeuroSky headset.”

Beyond toys and games, a number of universities have been using the NeuroSky Mindset in their research. “Up until this point, conducting this type of research was cost prohibitive to almost every university except those with substantial resources,” states Assistant Professor Richard Van Eck at the University of North Dakota.  Dr. Stuart Johnstone Assistant Professor at the University of Wollongong has been developing a software system, which helps children with ADHD “The game is designed to strengthen specific psychological abilities that will help them in the classroom.”

According to the article, “We will see more and more products in the future that have this technology, whether for entertainment or healthcare or safety,” said Lee Ting, a managing partner at WR Hambrecht, one of the venture capital firms that backed NeuroSky. “This isn’t limited to very narrow applications or markets — even we can’t foresee all the possible applications.”

To learn more about NeuroSky and their technology, please go tohttp://www.neurosky.com.

Media Contact:
Erika Maya
Erika@ballantinespr.com
Ballantines PR
Tel: +1.310.454.3080
Mob: +1.310.850.0309
Fax: +1.310.943.1978
www.ballantinespr.com