Daily Archives: January 30, 2018

New Predictive Analytics, Assurance Capabilities Advance Cisco’s Strategy to Reinvent the Network for Digital Business

  • Mathematical modeling and contextual insights represent the next major advancement in intent-based networking revolution
  • Waves of software innovation fuel evolution of networking portfolio toward subscription-led model
  • Cisco delivers an industry leading end-to-end intent-based networking portfolio, which spans the data center, campus, branch and edge

BARCELONA, Spain, Jan. 30, 2018 (GLOBE NEWSWIRE) — Cisco today announced powerful assurance innovations across its intent-based networking portfolio that will help IT teams shift from reactive to proactive. It will address the 43 percent of time IT spends troubleshooting, while making IT operations more proactive, agile and automated. The software innovations represent significant advancements in mathematical modeling and contextual insights, accelerating Cisco’s strategy to reinvent the network for the digital era.

Over the past few years, the explosion of devices, adoption of cloud, and exponential growth of security threats have challenged current approaches for building and managing networks. Cisco’s vision is to create a network that anticipates operational issues, stops security threats in their tracks, and continues to learn, adapt and protect. To realize this, Cisco is driving the intent-based networking revolution by transforming the entire network, from the data center and campus, to the branch and edge.

Today, Cisco is introducing its second wave of intent-based networking innovation, with powerful assurance products spanning the networking portfolio.

  • In the data center, the Cisco Network Assurance Engine uses continuous verification of the entire network to help keep business running as intended, even as the network changes dynamically.
  • In campus and branch networks, Cisco DNA Center Assurance is delivering a new level of insight and visibility to dramatically reduce the time and money IT spends troubleshooting across wired and wireless environments.
  • And, for customers with distributed IT operations, the new Cisco Meraki Wireless Health reduces mean time to remediate wireless issues with rich analytics and insights.

“The network has never been more critical to business success,” said David Goeckeler, executive vice president, Networking and Security Business at Cisco. “We’re reinventing the network ground up to deliver a secure and intelligent platform for digital business. Today, we are taking another major step toward that ambitious goal with intent-based networking innovations designed to deliver contextual insights and assurance that will help transform IT from reactive to proactive.”

Cisco’s intent-based networking portfolio represents a fundamental shift away from the manual and time-intensive methods by which networks are traditionally managed. These intent-based networks capture and translate business intent into network policies, and activate them across the infrastructure. With the introduction of assurance capabilities, they can now continuously verify the network is operating as intended.

Customers globally are embracing intent-based networking. Nearly 200 customers are in early field trails with the new assurance technologies, including Robert Bosch GmbH, REWE Group, Houston Methodist Hospital and Scotiabank. More than 1,100 customers are deploying the recently announced Catalyst 9000 Series switches, with 150 running DNA Center pilots. In the data center, Cisco has more than 14,500 Nexus 9000 customers, with a 45 percent ACI attach rate.

Innovation Spanning Data Center and Enterprise Networking 
Today, Cisco is introducing three powerful new assurance products that further demonstrate how intent-based networking systems move at the speed of digital business.

In the data center network, Cisco is enabling always-on assurance through the Cisco Network Assurance Engine. By combining mathematically accurate models of the network with more than 30 years of codified domain knowledge, Cisco provides IT teams the ability to instantly pinpoint why and when the network is not acting as intended, then offer suggestions on how to address the issue. This comprehensive view into their network helps enable IT teams to:

  • Predict the Impact of Changes: Make changes to the network faster and with more confidence, catching human configuration errors before they cause problems.
  • Continuously Verify Network Behavior: Proactively eliminate network outages and vulnerabilities by continuously analyzing the state of the entire network.
  • Assure Security Policy and Compliance: Reduce risk by assuring that security policies are being applied consistently across the network, and ensure policies are compliant with business requirements—every minute of every day.

With ACI and Tetration, Cisco provides the ability to translate application intent and activate those policies across the network. Now, with the Network Assurance Engine, Cisco is delivering the final element of intent-based networking – the assurance of intent.

In the campus and branch, Cisco is enabling ‘everything as a sensor’ and aggregating intelligence from the network, application, client and things to help provide IT with full context. These capabilities will dramatically reduce the 43 percent of time that IT spends troubleshooting and improve the experience for employees and customers.

Cisco DNA Center Assurance provides a 360-degree contextual view that connects all the relationships of who, what, where, when, how. Spanning wired and wireless environments, it delivers a complete picture of what is happening between users and applications with real-time, historical and predictive capabilities. DNA Center Assurance helps IT teams address three major issues:

  • Problem Isolation: Get to the root cause in minutes—not days or weeks—by isolating where exactly the issue happened.
  • Problem Replication: Go back in time to when an issue occurred. IT can view a complete 360 snapshot of the status of the network, user, device and application at the exact moment the issue arose.
  • Problem Resolution: Proactively fix the issue through guided remediation.

With Cisco Meraki Wireless Health, IT also gains visibility and rich analytics to troubleshoot wireless issues faster and deliver a better user experience. Cisco Meraki uses a cloud-managed IT model to automate operations, simplifying the complexity of IT. Now, Meraki Wireless Health allows IT teams to quickly identify wireless anomalies, find poorly performing access point and clients, and provide actionable insights to improve the wireless experience.

Powered by network analytics and rich contextual data, Cisco Services offers new services to help customers streamline the deployment of the new assurance solutions. From advisory and implementation, through optimization and managed services, Cisco and its partners are helping customers accelerate their journey to truly intent-based networks.

Customer Quotes
Robert Bosch GmbHJan Holzmann, Team Lead for Data Center Network Operations
“We are constantly bringing on new applications and expanding our data center capacity as we expand our business. The Cisco Network Assurance Engine helps enable a new level of quality for our application migrations. With a detailed understanding of the policy model and proactive verification of all changes, Cisco Network Assurance Engine can help us greatly reduce the risk of production outages and accelerate our timelines.”

Houston Methodist Hospital, Manuel Ortiz III, Senior Wireless Engineer
“DNA Center helps me find problems proactively, before users contact me. With a mostly wireless network, I’m able to find devices throughout the network and quickly solve any problems with the help of analytics.”

Axians Nordic, Erik Sohlman, Senior Manager and CTO
“As a Cloud Service Provider, our business depends on network availability and delivering on customer SLAs. We are always looking for modern technologies to manage our multiple data centers and remain an industry leader.  Cisco Network Assurance Engine’s approach of ‘always on assurance’ for our network and services will make our operating model more proactive and help enable us to remain as the best-in-class service provider to our customers.”

REWE Group, Hans Vasters, Senior Network Architect
“Cisco DNA Center allows the networking team to focus on our core projects and give more responsibility to the first line support team. It lets our team be proactive when it comes to resolving issues, before it becomes a problem to our users.”

Scotiabank, Nicholas Yurkovich Chief Network Engineer
“The more intuitive that I can make troubleshooting, the sooner I can take the network out of the equation. With Cisco DNA Center Assurance, the Scotiabank first line support teams can now take a proactive approach to resolving wireless issues and the engineering networking teams can work on growth and forward-looking opportunities.”

West Corporation, Tania Mazza, Director, Network Engineering
“At West, we run critical communications infrastructure for our customers, and as such, scale and speed are vital for our operations. Using the change verification process, we see Cisco Network Assurance Engine as a way to achieve higher levels of automation with increased certainty, allowing us to confidently move at a faster pace.”

Availability

  • The Cisco Network Assurance Engine is available now, initially for Cisco ACI customers, with a free, 30-day, no-commitment trial. Customers can purchase it via software subscription.
  • Cisco DNA Center Assurance is available now. Customers can purchase it via the Cisco ONE subscription offer for networking.
  • Cisco Meraki Wireless Health is expected to be available in early 2018. It will be included with the standard subscription for Meraki Wireless Access Points.

Additional Resources

About Cisco
Cisco (NASDAQ:CSCO) is the worldwide technology leader that has been making the Internet work since 1984. Our people, products, and partners help society securely connect and seize tomorrow’s digital opportunity today. Discover more at newsroom.cisco.com and follow us on Twitter at @Cisco.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the United States and certain other countries. A listing of Cisco’s trademarks can be found at www.cisco.com/go/trademarks.  All other trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. Many of the products and features described herein remain in varying stages of development and will be offered on a when-and-if-available basis. This roadmap is subject to change at the sole discretion of Cisco, and Cisco will have no liability for delay in the delivery or failure to deliver any of the products or features set forth in this document. This document is Cisco Public Information.

RSS Feed for Cisco: http://newsroom.cisco.com/rss-feeds

Gareth Pettigrew
Cisco
+1 (604) 647-2326
gpettigr@cisco.com

Lee Davis                                                                                     
Cisco                                                                              
650-868-3036                                                                                                            
leedavis@cisco.com

Komet Reports 185 and 149.6 g/t Au from Grab Samples within the Guiro Mine

QUEBEC CITY, Jan. 30, 2018 (GLOBE NEWSWIRE) — Komet Resources Inc. (“Komet” or the “Company”) is pleased to announce a gold discovery 4km from the Guiro mine and the development of a new unmined shoot at the mine.

New Gold Zone

Komet geologists’ verification of three 40m deep gold diggers’ shafts, located about 4km northeast of the Guiro mine, revealed a quartz vein with a true width of 1.5m, oriented east-west, with a northward dip of 60 degrees. The vein has the same mineralogical composition and the same host rock limonitic alteration from weathering as the Guiro mine vein.

Sampling was carried out by Komet geologists in sealed bags directly from grab samples brought to surface by the gold diggers. The samples are random samples (3 grabs takes per composite sample). These grab samples are indicative but not representative of the grade of the gold structure.

Table of results of the grab samples:

SamplesDescriptionAu g/t
201 806 870White quartz vein with black minerals bands, bearing limonite, hematite and pyrite47.0
201 806 871White quartz vein with black minerals bands, bearing limonite, hematite and pyrite7.08
201 806 872White quartz vein with black minerals bands, bearing limonite, hematite and pyrite with rare banded hematite13.9
201 806 873White quartz vein with hematitic alteration and disseminated hematite and pyrite12.4
201 806 874White quartz vein with hematite stringers with disseminated limonite and pyrite9.89

New underground zone at the Guiro mine.

During the development in the western sector of the mine (see the October 23, 2017 press release), the Level 3 west gallery intercepted the junction where the 210/80 oriented shear cuts the Guiro vein (270/60).

In this sector the Guiro vein is hardly perceptible due to the shear that displaced the main structure. However, the operators noted the presence of thin centimetric quartz veins with gold mineralization, grading up to 120 g/t over 1.2m obtained from jackleg drill holes.

Table of the best results over 1.2m (true width) from jackleg drill holes:

SamplesAu g/t
201 706 564120.0
201 706 57410.1
201 706 57531.8
201 706 581110.0

In order to better characterize this zone, several grab samples were taken from the roof, the wall and the sludge surrounding these thin chloritized white-pink quartz veins.

Summary of the best results of the grab samples:

SamplesAu g/t
201 706 61172.5
201 706 61247.0
201 706 61417.0
201 706 61522.7
201 706 61611.7
201 706 61714.7
201 706 618149.6
201 706 62117.6
201 706 64613.4
201 706 64782.7
201 706 65063.1
201 706 65160.3
201 706 63512.6
201 706 64127.7
201 706 64226.8
SamplesAu g/t
201 706 65526.9
201 706 658185.0
201 706 66113.5
201 706 66710.5
201 706 66811.6
201 706 66952.3
201 706 67012.5
201 706 67267.4
201 706 67712.6
201 706 68050.6
201 706 68416.5
201 706 68713.9
201 706 69216.5
201 706 69314.5

The chimney to which the current development of level 3 is oriented, theoretically lies 25m farther west and has already been intercepted by the Gu2015dd04, 06, 32 and 35 diamond drill holes who show metric grades reaching 31.1g/t Au (see the September 10, 2015, press release for more details).

Table of the survey intercepting the chimney:

SurveyFrom (m)To (m)g/t AuSpan (m)True width (m)
Gu2015dd04125.33127.285.811.951.69
Gu2015dd0680.6083.402.052.802.42
Gu2015dd32149.00149.668.730.660.57
Gu2015dd35105.45106.8031.11.351.17

This chimney is at least 50m wide at level 3 and continues to level 2 and 4 and should have, between these levels, a 60x50x2m size.

Guiro Mine Exploration

The sinistral offset of the Guiro structure, along the 210-degree shear in the west section of the mine, implies that this type of displacement might be present in the eastern sector, involving the displacement of the Guiro vein to the north and thus opening up new exploration targets northeast of the Guiro mine.

Mr André Gagné, president and CEO declare: “After a discovery south to the Guiro vein (see the may 25, 2017 press release), we now have a new vein to the north which is also similar to the Guiro vein. The exploration activities will hence be intensified in the next few weeks; it appears that the historical exploration data is getting confirmed.”

The grab samples assays reported were obtained by standard 30 grams fire-assaying-AA finish or gravimetric finish at the Company’s mine site laboratory. Quality Assurance/Quality Control and interpretation of results is performed by qualified persons employing a QA/QC program consistent with NI 43–101 and industry best practices, including the introduction of standards or blanks with every batch of 3 samples analyzed.

The diamond drill holes samples from 2015 were analyzed by the SGS Lab in Ouagadougou using fire assay followed by atomic absorption spectrometry.

More information about the corporation is available at: http://kometgold.com.

Investors relations and information: André Gagné, President and CEO 581-300-1666 / a.gagne@kometgold.com  / Skype: andregagne11

Jacques Marchand, P.Eng. P.Geo., is the Qualified Person who has reviewed this news release and is responsible for the geological information presented herein.

Forward-Looking Statements

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains statements that may constitute “forward-looking information” or “forward-looking statements” as set out within the context of security law. This forward-looking information is subject to many risks and uncertainties, some of which are beyond Komet’s control. The actual results or conclusions may differ considerably from those that have been set out, or intimated, in this forward-looking information. There are many factors which may cause such disparity, especially the instability of metal market prices, the results of fluctuations in foreign currency exchange rates or in interest rates, poorly estimated resources, environmental risks (stricter regulations), unforeseen geological situations, unfavorable extraction conditions, political risks brought on by mining in developing countries, regulatory and governmental policy changes (laws and policies), failure to obtain the requisite permits and approvals from government bodies, or any other risk relating to mining and development. There is no guarantee that the circumstances anticipated in this forward-looking information will occur, or if they do occur, how they will benefit Komet. The forward-looking information is based on the estimates and opinions of Komet’s management at the time of the publication of the information and Komet does not assume any obligation to make public updates or modifications to any of the forward-looking statements, whether as a result of new information, future events, or any other cause, except if it is required by securities laws.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/ccdd8280-c01e-4a86-a03b-ce1c316c11b1

Globecomm Announces Robust Orders Year to Date for Fiscal Year 2018

Highlights

  • Total orders valued at over $130 million achieved year to date for FY18
  • New customer orders as well as renewals contribute to growth in major markets
  • Projects take advantage of Globecomm’s ability to address the most difficult communications challenges with comprehensive communications solutions

HAUPPAUGE, N.Y., Jan. 30, 2018 (GLOBE NEWSWIRE) — Globecomm, a leading service provider of multi-network communications solutions, today announced year to date orders valued at over $130 million for fiscal year 2018, which began July 1, 2017. Orders from new customers as well as renewals and expansions contributed to robust growth across its Government, Media, Telecom, Enterprise, and Oil and Gas segments.

Globecomm’s new projects for the U.S. government include IPTV services (Globecomm’s state-of-the-art content delivery platform), wireless services, and SATCOM engineering solutions.  Innovative solutions such as Vector – Globecomm’s cloud-based, virtualized video headend solution – and Ka-band broadcast uplink facilities have driven growth with major broadcasters.   Globecomm has also experienced rapid growth in demand for the company’s Internet of Things (“IOT”) Asset Tracking solutions.  Thanks to its continued focus on customer satisfaction, the company has received significant contract extensions and add-ons.

Globecomm has also been successful in winning new customer business in the Oil and Gas market. Projects awarded include managed VSAT networks for pipelines, offshore transport, and barge communications within the United States and globally.

“Globecomm’s success has always been driven by our relationships, understanding our customers’ needs, and delivering leading technologies for complex communications,” said Chief Executive Officer Jason Juranek. “With a continued focus on creating an impact for clients across all geographies and service areas, we are uniquely positioned with a broad and innovative portfolio of services and products.  The results demonstrate Globecomm’s positioning for long-term success and continued growth and conversion on our growing pipeline in all segments.”

About Globecomm

Globecomm is a trusted global connectivity partner that designs, manages, and distributes voice, video and data solutions to the most remote locations on Earth and under the most treacherous conditions.  The company’s multi-network Satellite, Fiber, and Cellular Infrastructure is the backbone of mission-critical RF and IP communications for Government, Maritime, Media, Enterprise, and Oil and Gas customers in over 100 countries.  In addition to operating managed network and hosted switch services, Globecomm designs and integrates best-of-breed broadcast and OTT media solutions, complete enterprise communications and data management systems including Internet of Things applications, and on-premise and cloud-based enterprise video platforms.  We proudly serve the U.S. government and NGOs around the world with Morale, Welfare, and Recreation (MWR) services, and assist with enterprise and government disaster relief efforts.

Headquartered in Hauppauge, NY, Globecomm has locations in Texas, Florida, Maryland, New Jersey, Virginia, the Netherlands, South Africa, Germany, Singapore, Hong Kong, the United Arab Emirates, Indonesia and Afghanistan. www.globecomm.com

Contact Information:
Peggy Stalhut; peggy.stalhut@globecomm

Horizon Robotics Licenses NetSpeed Interconnect IP for AI SoCs

SAN JOSE, Calif., Jan. 30, 2018 (GLOBE NEWSWIRE) — NetSpeed Systems, Inc. today announced that Horizon Robotics has licensed NetSpeed Orion and Gemini Interconnect IP for use in its industry-leading artificial intelligence (AI) chips for embedded AI applications such as autonomous driving and smart cameras.

AI applications rely on extensive computing resources to emulate human intelligence and decision-making capability. IBM’s Watson platform, for example, utilizes vast cloud computing resources to address AI applications in healthcare, education, finance, transportation and energy. At the consumer level, smart assistants like Alexa and Siri still must rely on cloud resources to answer even simple questions. Horizon Robotics has developed chip technology that eliminates the dependency on the cloud and can bring AI to billions of smart devices at the edge of the Internet. Its chip technology provides capability for perception, understanding, and decision-making to all kinds of devices creating the “brains” necessary to enhance safety, convenience or fun.

“The chip industry is at an inflection point and is starting to embed AI capability in very meaningful and commercially viable ways,” said Sundari Mitra, CEO of NetSpeed. “Horizon Robotics represents the next generation of device intelligence providing integrated and open embedded AI solutions with high performance, low power and low cost. We are very excited that NetSpeed’s interconnect IP will provide a key part of these solutions.”

Horizon Robotics started out in 2015 with the mission to define “the brain of things.” Today the company is building platforms that allow manufacturers to embed AI to empower many types of things.

“Our chip technology needs to be very flexible and scalable to accommodate a vast range of power, performance and area requirements,” said Dr. Yu Kai, founder and CEO of Horizon Robotics. “NetSpeed’s interconnect IP enables us to rapidly adapt our platform to meet the specific requirements of a wide variety of embedded AI applications. We chose NetSpeed’s technology because of its higher performance, full coherency support, configurability, and scalability. We believe NetSpeed IP is a great on-chip network solution that fully addresses the needs of next-generation SoCs targeting AI applications.”

About Horizon Robotics
Horizon Robotics aims for becoming the global leader of embedded AI. By jointly optimizing algorithm and processor design, Horizon Robotics is delivering software and hardware integrated solutions with high performance and low power to equip devices, such as autonomous vehicles and smart cameras, to make human life more safe, convenient and fun. The company has a strong R&D team with rich industrial experience to support the development of the smart world. Horizon Robotics has received funding from venture investors including Morningside Venture Capital, Hillhouse Capital, Sequoia Capital, GSR Ventures, Linear Venture, Innovation Works, ZhenFund, Wu Capital, Tsing Capital and Vertex Ventures, as well as from Yuri Milner, a legendary venture capitalist from Silicon Valley. http://en.horizon.ai/

About NetSpeed Systems                                                     
NetSpeed Systems provides scalable, coherent on-chip network IPs to SoC designers for a wide range of markets from mobile to high-performance computing and networking. NetSpeed’s on-chip network platform delivers significant time-to-market advantages through a system-level approach, a high level of user-driven automation and state-of-the-art algorithms. NetSpeed Systems was founded in 2011 and is led by seasoned executives from the semiconductor and networking industries. The company is funded by top-tier investors from Silicon Valley. It is based in San Jose, California and has additional research and development facilities in Asia. For more information, visit www.netspeedsystems.com.

Press Contact:
Horizon Robotics
Maggie Chen, Marketing Manager
Tel: +86 134 0119 2512
E-mail: yao.chen@hobot.cc

NetSpeed Newsroom
Pauline Shulman
415-375-0303
pauline@pshulman.com

Metron Wins Air Traffic Flow Management Contract From Civil Aviation Authority of Singapore

DULLES, Va., Jan. 30, 2018 (GLOBE NEWSWIRE) — The Civil Aviation Authority of Singapore (CAAS) has awarded Metron Aviation, a subsidiary of Airbus, an Air Traffic Flow Management (ATFM) system contract. This system will be located at the Singapore Air Traffic Control Centre (SATCC).

Metron will be responsible for the design, supply, delivery, installation, integration, testing and commissioning of the ATFM system over a 23-month period and a 10-year after sales support service beginning after initial system acceptance.

Metron will supply Harmony, its flagship ATFM automation product for air navigation service providers. Harmony provides advanced features to monitor air traffic demand in airspace areas and at airports in the strategic, pre-tactical, and tactical timeframes. Harmony also provides advanced decision support tools to facilitate the modeling of Traffic Management Initiatives (TMI) and the implementation of these initiatives in situations of demand and capacity imbalance.

Harmony also provides complete functionality for aircraft operator’s collaborative decision making in the ATFM process to ensure that ATFM actions reflect a plan optimized across all aviation system participants.

“We are proud to have been selected for this contract by CAAS, a premier provider of air navigation services,” said John Kefaliotis, President, Metron Aviation. “CAAS has a leadership role in the development of a regional ATFM concept for the Asia-Pacific region that will become a model for regional ATFM cooperation around the world.”

“The CAAS selection of the Harmony platform to support this concept testifies to the advanced capabilities of the product, which are highly supportive of regional ATFM concepts,” said Kefaliotis.

The contract duration is approximately 11 years, with the following major milestones:

  • Phase 1: Commissioning of the operational ATFM system, to occur 10 months after award;
  • Phase 2: Commissioning of the ATFM system’s enhanced services, scheduled for 20 months after award;
  • Completion of the system, which will occur three months after commissioning of Phase 2; and
  • Ten annual options for support services for both hardware and software.

Metron will be responsible for the overall system implementation and maintenance over the duration of the contract. Metron Aviation is teamed with Singapore Technologies Electronic Limited, which will provide in-country services to include acquisition, storage, installation and maintenance of the primary equipment, as well as spare parts, for the duration of the contract.

About Metron Aviation
Founded in 1995, Metron Aviation is a trusted and proven innovator in the air traffic management (ATM) industry. A subsidiary of Airbus Americas, Metron Aviation has an honored past, developing ATM and air traffic flow management solutions for the global aviation industry, including the Federal Aviation Administration. By working with all stakeholders in the ATM ecosystem — air navigation service providers, airlines, airports, civil aviation authorities and other influencers — through its Collaborative Decision Making (CDM) process, Metron Aviation understands ATM’s greatest issues. It fuses advanced science and mathematics with unparalleled subject-matter expertise to turn groundbreaking ATM research concepts into next-generation operational capabilities. For more information, please visit www.metronaviation.com.

Contact:
Quentin Hunstad
Quentin.hunstad@airbus.com
571.306.7243

Constellation Brands Announces Full Redemption of 6.000% Senior Notes Due 2022

VICTOR, N.Y., Jan. 29, 2018 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE:STZ) (NYSE:STZ.B), a leading beverage alcohol company, announced today that it has given notice for full redemption prior to maturity of all of its outstanding 6.000% Senior Notes due 2022 (CUSIP Number:  21036PAH1) (the “notes”) to be effected on February 28, 2018 (the “redemption date”). As of January 29, 2018, there were $600.0 million in aggregate principal amount of the notes outstanding.

The redemption price for the notes, payable in cash, will be calculated pursuant to the formula set forth in the supplemental indenture relating to the notes, and will include a make-whole premium of approximately $74.4 million which will be recorded as loss on extinguishment of debt for the fourth quarter of fiscal 2018. This expense is expected to reduce fiscal 2018 reported basis diluted earnings per share by approximately $0.26 and will be excluded from comparable basis diluted earnings per share.

About Constellation Brands
Constellation Brands is a leading international producer and marketer of beer, wine and spirits with operations in the U.S., Mexico, New Zealand, Italy and Canada. Constellation is the third-largest producer and marketer of beer for the U.S. market and the world’s leading premium wine company with a leading market position in the U.S. Constellation’s wine portfolio is complemented by select premium spirits brands. Constellation’s brand portfolio includes Corona Extra, Corona Light, Modelo Especial, Modelo Negra, Pacifico, Ballast Point, Robert Mondavi, Clos du Bois, Kim Crawford, Meiomi, Mark West, Franciscan Estate, Ruffino, The Prisoner, SVEDKA Vodka, Casa Noble Tequila and High West Whiskey.

Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements which are not historical facts and relate to future plans, events or performance are forward-looking statements that are based upon management’s current expectations and are subject to risks and uncertainties. Detailed information regarding risk factors with respect to the company are included in the company’s filings with the SEC.

CONTACTS:
Media
Mike McGrew: 773-251-4934
Amy Martin: 585-678-7141

Investor Relations
Patty Yahn-Urlaub: 585-678-7483
Bob Czudak: 585-678-7170

Constellation Brands Prices Offering of Senior Notes

VICTOR, N.Y., Jan. 29, 2018 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE:STZ) (NYSE:STZ.B), a leading beverage alcohol company, announced today that it priced the public offering of $1.9 billion aggregate principal amount of Senior Notes, consisting of (i)  $600.0 million of 3.200% Senior Notes due 2023 (the “2023 notes”) for a public offering price of 99.907% of the principal amount of the 2023 notes; (ii)  $700.0 million of 3.600% Senior Notes due 2028 (the “2028 notes”) for a public offering price of 99.807% of the principal amount of the 2028 notes; and (iii)  $600.0 million of 4.100% Senior Notes due 2048 (the “2048 notes”) for a public offering price of 99.656% of the principal amount of the 2048 notes (collectively, the “notes”). The notes will be senior obligations that rank equally with all of Constellation’s other senior unsecured indebtedness, and will be guaranteed by the subsidiaries of Constellation that are guarantors under Constellation’s senior credit facility.

Closing of the offering is expected to occur on February 7, 2018. Constellation intends to use the net proceeds from the offering to redeem prior to maturity its outstanding 6.000% Senior Notes due 2022 in the aggregate principal amount of $600.0 million and for general corporate purposes.

Merrill Lynch, Pierce, Fenner & Smith Incorporated and J.P. Morgan Securities LLC are acting as the joint book-running managers of the offering. The notes are being offered only by means of a prospectus, including a prospectus supplement, copies of which may be obtained by contacting Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at (800) 294-1322 or emailing dg.prospectus_requests@baml.com, or contacting J.P. Morgan Securities LLC collect at (212) 834-4533. Alternatively, the prospectus and prospectus supplement may be obtained by visiting EDGAR on the SEC website at http://www.sec.gov.

This announcement does not constitute an offer to sell or a solicitation of an offer to buy notes. The notes will not be sold in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful.

About Constellation Brands
Constellation Brands is a leading international producer and marketer of beer, wine and spirits with operations in the U.S., Mexico, New Zealand, Italy and Canada. Constellation is the third-largest producer and marketer of beer for the U.S. market and the world’s leading premium wine company with a leading market position in the U.S. Constellation’s wine portfolio is complemented by select premium spirits brands. Constellation’s brand portfolio includes Corona Extra, Corona Light, Modelo Especial, Modelo Negra, Pacifico, Ballast Point, Robert Mondavi, Clos du Bois, Kim Crawford, Meiomi, Mark West, Franciscan Estate, Ruffino, The Prisoner, SVEDKA Vodka, Casa Noble Tequila and High West Whiskey.

Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Statements which are not historical facts and relate to future plans, events or performance are forward-looking statements that are based upon management’s current expectations and are subject to risks and uncertainties. Detailed information regarding risk factors with respect to the company and the offering are included in the company’s filings with the SEC, including the prospectus and prospectus supplement for the offering.

CONTACTS:

Media
Mike McGrew: 773-251-4934
Amy Martin: 585-678-7141
Investor Relations
Patty Yahn-Urlaub: 585-678-7483
Bob Czudak: 585-678-7170