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Telos' Decentralization Rivals that of Bitcoin and Ethereum

Telos Foundation

Telos Blockchain (ticker: TLOS), the world’s most robust and decentralized ESG compliant layer 1 platform and home to the world's fastest, highest capacity EVM (tEVM), derives credible neutrality and decentralization from at least 42 equally distinct validating nodes compared to the much smaller number of major mining pools securing Bitcoin and Ethereum. After a thorough competitive analysis comparing Telos’ decentralization to the decentralization of many of the other top Layer 1 chains, the Foundation has confirmed its assumptions. Based on validator equality and crucial factors regarding architecture and finances, the team confirmed that Telos is indeed one of the leading chains regarding credible neutrality and decentralization. As mining pools lack equality, massive node counts become irrelevant: As depicted in the pie charts above, Telos, via its governance, has maintained an equitable distribution amongst all its active validators and Bitcoin and Ethereum have not. Instead, the mining pools of both Bitcoin and Ethereum have now become centralized. The hypothesis is that over the years the well-funded pools have overtaken the little ones. Despite the substantial number of nodes, to be a credibly neutral peer-to-peer network, the network must also sustain even splits in validator power / responsibilities. Without this equality, the insulating strengths of decentralized peer-to-peer networking becomes significantly degraded. A decentralized network made up of equitable validators adds a powerful layer of insulation against multiple scenarios. For example, a multi-government coalition could potentially implement disruptive regulations or restrictions on blockchain. If only a handful of validators / mining pools need to be targeted, it becomes much easier for those governments to impose their will and degrade the insulation that a peer-to-peer network is supposed to provide. In fact, an event far smaller than this could instantly interrupt some chains from operating as they intended. However, the problem is not just limited to government interference. It is also the potential of a coalition amongst the validator majority that threatens the decentralization and stability of a chain. Despite having many nodes, it appears that for Bitcoin it would take only ~5 large mining pools to form a majority, only ~4 for Ethereum and 22 for Telos (as depicted in the pie charts above). Aside from this significant (4x to 5x) difference, it is also worth noting that the community fairly votes the Telos validators into active slots vs Bitcoin / Ethereum in which the mining pool’s principles are anonymous and can simply buy their way into a majority position. Hence, the centralization and lack of credible neutrality that has now formed. Credible neutrality cannot exist in an environment in which control and influence is exerted by small groups of well-funded people. This move towards validator centralization also leads to neutrality questions that are impossible to answer. For example, are the validator majorities' ambitions in line with what is best for the chain or themselves? To put the potential gravity of this into perspective one needs to understand that the principal/s of a majority sized mining pool can easily be a crime syndicate, and no one would know about it due to the anonymity. In fact, all the major mining pools can hypothetically be owned by crime syndicates, and no one would ever know. In contrast to this, with chain-governed validator equality and ongoing fair community voting, these credibility and neutrality questions are simply non-existing issues. In fact, all these chain degrading scenarios are exactly what the Telos architecture and governance have insulated against. As a chain’s validator network becomes unequal in size; the more it will move towards centralization, the more its neutrality will become biased and the more these chain breakdown scenarios may become a reality. Insider allocation cost blockchain’s their credible neutrality: Being that Telos was a 100% bootstrap project (95% of the coins airdropped to the community, 5% were used as equal pay to the almost 150 contributors, no insider handouts, and no ICO), the team already knew that its insider allocation was at the same level as Bitcoin’s beginnings, zero. Telos is the only L1 chain besides Bitcoin to have ever reached this stage of maturity while still maintaining zero insider allocation. All the other L1 chains are believed to be centralized and unable to become credibly neutral public infrastructure due to their insider allocation (click here to see). With this being noted, these chains will most likely never be utilized by governments as a legal tender and dApps depending on this infrastructure will never be 100% insulated by the full power of credible neutrality and decentralization. Telos Decentralization: Since its inception, the validators of the Telos Blockchain are both equally sized and regionally / globally diversified. Plus, no ungoverned wallet is known to hold more than 2% of the chain. From chain architecture to finances, decentralization and neutrality are of the highest priority for the chain. Over the last 4 years, Telos has grown into a truly utopian blockchain option for both private and public infrastructure. It is ludicrously fast, very inexpensive, extremely energy efficient, credibly neutral, non-congested, super easy to deploy on and the only chain that fully insulates the public from the front running / MEV that is plaguing Ethereum. Decentralization Highlights: Telos is the only third generation layer 1 blockchain to have never done an ICO [initial coin offering] and this non-action alone insulates the chain greatly regarding insider collusion and the SEC security law suits. Telos, at its inception, electively chose to stay a bootstrap project and rise in the same fashion as Bitcoin. All other third generation layer 1 chains (including Ethereum) have done ICOs and will more than likely be forced to file with the SEC as securities. The former and current SEC Chairman have both expressed that every ICO [initial coin offering] they have seen are indeed securities, that they have jurisdiction, and that federal securities laws apply. The validating architecture of other networks might be structured via peer-to-peer architecture, but they are not credibly decentralized due to the distribution of monetary / voting / validating power. Again, insider allocation is non-existent and as you can see above in the pie charts depicting validator decentralization, Telos Validators are proportionally equal. Telos governance has the fairest voting system in existence, called Telos Decide. It is tamper-proof and secured by the Tlos coins that investors own. A coin holder can vote on behalf of the coins they hold and rely on outcomes that do not require any further human involvement. No other Layer 1 offers this level of automated community fairness. Especially because the Telos governance documents may be dynamically amended by the votes of the coin holders in a process that is entirely controlled by on-chain smart contracts. Governments, investors, dApp creators, and end users need not forget that the fundamental features which bring the most value to blockchain are credible neutrality and decentralization. With credible neutrality and decentralization the following attributes are all significantly enhanced: Utility Redundancy Security / Trust Individual Financial Independence dApp Sovereignty Fair Voting Legal Tender The actions and inactions of Telos are driven by the belief that the public and private sectors require credibly neutral blockchain infrastructure in a third-generation capable format. Credible neutrality, ludicrously fast speeds, energy efficiency, and super low-cost transactions make Telos the perfect crypto currency for the global internet and for the people. About Telos Live since 2018, Telos Blockchain (ticker: Tlos) is a third-generation smart contract platform that offers compatibility with Solidity, Vyper and Native C++ smart contracts. Telos provides full EVM/Solidity support with fixed low-cost gas fees and no front running. Uniquely, Telos also offers a path to fee-less transactions via its robust native C++ smart contract support. Utilizing less than 0.000002 kWh per transaction, the chain can sustainably support hundreds of millions of transactions per day, produce blocks in 0.5 second intervals on a first-in-first-out basis (eliminating front running on the network) and securely validate transactions via a credibly neutral and globally decentralized block producer network. The Telos Blockchain has the throughput needed to facilitate and scale the thriving Metaverse / Web 3.0 better than any other blockchain. Its performance is unrivaled in the industry and was purpose-built to offer speed, scalability, cost-effectiveness, credible decentralization, and end-user fairness. Telos, harnesses its power by utilizing tight C++ on the frontend and a custom WASM runtime environment on the backend. About The Foundation The Telos Foundation is a Decentralized Autonomous Organization established as a promotional and funding body to advance the Telos Blockchain Network and provide support to network applications. Contact Details The Team hello@telosfoundation.io Company Website https://www.telos.net/

April 20, 2022 10:07 AM Eastern Daylight Time

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38-Year Printing Business Avante Print Center Converts to International Minute Press Franchise in Mesa, Arizona

Minuteman Press International Inc

For nearly 38 years, Carl Denti and his family operated their independent print shop Avante Print Center. In Feb. 2022, Carl sold the business to new owners Devin and John Weiss through Minuteman Press International’s conversion program, which connects sellers with qualified buyers. Carl says, “It was time for me to join my wife Patricia in retirement and I think the transition to International Minute Press has gone very well. I needed to like the people who bought the business and Devin and John are great. My daughter Renee has stayed on working in the business and we also have employees with 25 years of tenure, so it was important for us to be comfortable with everything.” Devin and John have rebranded as International Minute Press in Mesa, AZ, and are operating out of the same location at 218 West Hampton Avenue, Unit 13 that was home to Avante Print Center. Devin says, “We believe owning a business gives us a real sense of pride. By purchasing this established business, we strive to honor our clients, our community, and our staff with continued personalized service and outstanding support.” History of the Business On March 27 th, 1984, Carl Denti and his wife Patricia opened Avante Print Center in Mesa. Carl shares, “I had owned a previous business in Kansas City that I sold. We moved to Arizona and at that time I decided to invest in another business. I told my accountant I didn’t want anything in credit collections (which I did for 15 years) and I didn’t want to own a food-related business. One of the things he came up with was printing.” He adds, “Patricia was very influential in having us go into the printing industry as well. She previously had worked for Hallmark in Kansas City doing calligraphy, and she wanted something we could do together. In our first full year in business together, we made a 39.8% profit.” While printing proved to be a viable business for Carl and Patricia, he also appreciated the freedom it afforded him to pursue other passions. Carl says, “From 1992 – 2021, I also served as the pastor of a church in Arizona, which I never really considered to be work plus it didn’t really pay the bills. Printing was an easy business to market and sell, and I felt it had easier customer acquisition than other industries.” Over the years, Avante Print Center became a second-generation family business. Carl explains, “Patricia and I worked together in the business until she retired a few years ago, and my daughter Renee also worked with us and is still working in the business today even after it was sold.” Growing the Business For the 37-plus years he was in business, Carl operated on four key principles. He says, “No matter what business you own, for me the principles never change. We built Avante Print Center following these principles: Customer service was the apex. We decided that no one would out-service us. When we said we were going to do something, we did it. My goal was to get at least 98% (if not 100%) of all jobs out on time and done right. My definition of quality is that the job has to be accepted by the customer, that they will be happy with it and order it again, and that they will tell someone about the work that we did and refer our business. You have to be able to go after the market and you have to sell. One of the problems people run into when starting a business is that their goal is to simply unlock their doors. Instead, your goal needs to be to make a profit, which takes a lot more than turning the key and turning on lights. Know your numbers and live by your numbers. It’s as simple as that.” Selling the Business While Carl was thinking of retiring at some point, he actually wasn’t actively pursuing a sale of his printing business. He explains, “I did not have the business listed for sale but I’ve known Jack Panzer (Minuteman Press International Regional Vice President) for approximately eight years. When I received a letter and flyer in the mail that Jack could help sell my business, I thought that was very smart of Minuteman Press International do reach out. Jack was very laid back whenever we spoke, and he was always open and honest along with being knowledgeable about the industry.” At the beginning of 2021, the timing was right. Carl shares, “In January 2021, Jack approached me with a qualified buyer that he thought could be a fit for my shop. I told him what it would cost if someone wants to buy our business. I also consulted with my daughter Renee, who decided she didn’t want to take over the business. We started the sales process in March 2021 and it was finished by Feb. 2022.” As for the transition to the new owners, Carl says, “I think the transition has gone very well. I needed to like the people who bought the business and Devin and John Weiss are great. Renee has stayed on working in the business and we also have employees with 25 years of tenure, so it was important for us to be comfortable with everything.” “Jack Panzer is a terrific guy from top to bottom. He’s very transparent and open as is the team at Minuteman Press International. I don’t think there’s a better way to sell your business and here’s why: 1. You’re not paying any commission; 2. You’re working with a well-established 45-year company in Minuteman Press International; and 3. Your buyer is going to have a much better chance of succeeding with the support they are getting. If they succeed, then your employees will be taken care of… and that really means a lot to us.” -Carl Denti, Retiring Owner, Avante Print Center (now International Minute Press, Mesa, AZ Meet the New Owners Devin and John Weiss are no strangers to owning a business. Devin says, “ John and I have owned several diverse businesses but most recently I owned a dance studio for 25 years. When John and I met approximately 10 years ago, we started a business together shortly after, that we continue to operate.” When the opportunity came to buy an established business while also receiving additional support, Devin says, “Honestly, it was a no brainer. We had planned to open an International Minute Press in the area in 2020, just before the pandemic hit. A year and a half later, our Regional VP Jack Panzer, reached out with this opportunity to buy Avante Print Center and convert it to International Minute Press. It was such a great opportunity that we couldn’t pass it up!” When asked why they chose franchising, Devin answers, “We have looked at other businesses and franchises, and were completely impressed with Minuteman Press International by comparison. The amount of hands-on guidance and support are second-to-none. In the past, we have always done businesses independently, and having the support of this franchise in particular was a great draw.” “Jack Panzer and his team were with us every step of the way; they made the sale as easy as it could be. Since buying the business, the support has been great. From the training to the in-store training with the local field staff, it has superseded our expectations in every way. Their patience and knowledge gave us the confidence we needed to enter a new industry for us.” -Devin Weiss, Owner, International Minute Press, Mesa, AZ (formerly Avante Print Center) Entering the Printing Industry Now that Devin and John are operating their business, they are excited to hit the ground running and continue the legacy that Carl and family started. Devin says, “We believe owning a business gives you a sense of pride. By purchasing an established business, we strive to honor our clients, our community, and our staff with continued outstanding service and support.” As a full-service printing and marketing services provider, Devin and John are excited to help other local businesses and organizations with virtually everything they need to operate and promote themselves. Devin says, “Wide format printing is especially exciting right now. There is such a wide variety of custom printed products that we can provide to our clients – we haven’t found anything we can’t do yet in-house or with the help of our franchisor and vendors.” As she reflects on owning a business vs. having a job, one word comes to mind for Devin: “Freedom!” She elaborates, While you have to put in many hours as the owner of a business, they are on your own schedule and with your own priorities. You decide what your life entails every day, and we wouldn’t trade that for the world! We love to travel and the freedom makes that possible.” Advice for Others Devin shares this advice for others who are looking to buy a business right now: “Do your due diligence. A positive attitude is a must. Survey other business owners about their experiences, both good and bad. There is a lot of preparation that goes into buying a business, and having a successful franchise to guide you is a great option. Ultimately, no matter how prepared you are, it is a learning experience!” International Minute Press is located at 218 West Hampton Avenue, Unit 13; Mesa, AZ 85210. For more information, call 480-969-4888 or visit https://minuteman.com/us/locations/az/mesa21. Learn more about #1 rated Minuteman Press International franchise opportunities at https://minutemanpressfranchise.com. To find out how to sell your printing business through Minuteman Press International, visit https://bit.ly/minutemanpressconversions. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

April 19, 2022 10:00 AM Eastern Daylight Time

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With a Two-Year Revenue Growth of 1,853%, Le Prunier Ranks No. 7 on Inc. Magazine’s List of the Pacific Region’s Fastest-Growing Private Companies

Le Prunier

Inc. Magazine recently named Le Prunier as No. 7 on its third annual Inc. 5000 Regionals: Pacific list, the most prestigious ranking of the fastest-growing private companies based in Alaska, Hawaii, California, Oregon, and Washington. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful private companies within the Pacific region economy generating sustainable growth and jobs. “We are so excited and grateful that Le Prunier has achieved this amazing milestone. We certainly couldn’t have done it without our amazing customers who have supported us during a phase of rapid growth and our talented, hardworking team,” shared Co-Founders Jacqueline, Allison and Elaine Taylor. ​​ Since its 2018 debut, Le Prunier has undergone dramatic year over year growth, built on its loyal customer base, strong innovation, and solid retail strategy. Customers seek out the brand for its efficacious products built on the Power Of Plum, and commitment to organic and sustainable practices. In 2021, the brand experienced an over 25,000 person wait list for their cult-classic Plum Beauty Oil. Expanding upon their offerings, patented Plumscreen Broad Spectrum SPF 31 was introduced this past year; an innovative sunscreen that pairs skincare and sun protection without leaving a white residue typical of many mineral sunscreens. Today, Le Prunier can be found at Credo Beauty, The Detox Market, Goop, Neiman Marcus, Saks Fifth Avenue, Aillea, Verishop, Petit Vour, Niche Beauty, Luisa Via Roma, Le Bon Marche and QVC. Le Prunier also has a strong international presence due to distribution partnerships in Europe and Asia. The companies on this Inc. list show a remarkable rate of growth across all industries in the Pacific. Between 2018 and 2020, these 150 private companies had an average growth rate of 195% percent and, in 2020 alone, they added 10,252 jobs and $5.1 billion to the Pacific region’s economy. Companies based in the Irvine, Santa Monica, and Venice, California, areas had the highest growth rate overall. Complete results of the Inc. 5000 Regionals Pacific, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/pacific. This acknowledgement by Inc. is aligned with the other accolades and recognition shared by some of the most prominent media and industry leaders for Le Prunier including, 2022 Elle Magazine’s Green Beauty Star Award for Plumscreen SPF 31, 2022 Allure Readers’ Choice Award Nominee for Best Clean Facial Moisturizer, 2021 Oprah Daily O-Ward for Best SPF for Combination Skin, 2021 Shape Magazine for Best Face Sunscreen, and 2021 QVC and HSN Winner of “The Big Find”. In 2021, Cosmetify and WWD announced Le Prunier as the “No. 3 Rising Beauty Star” with an 866% brand increase after carefully analyzing the most searched beauty brands in the world, ranked via Instagram followers, Instagram engagement, Instagram mentions, Google search volume, and change in search volume. “This year’s Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America’s off-the-charts growth companies. They are disruptors and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing about for years to come,” says Scott Omelianuk, Editor-In-Chief of Inc. About Le Prunier: In September 2017, siblings Jacqueline, Allison and Elaine Taylor collectively founded Le Prunier, an organic beauty line based on The Power of Plum®. The sisters built Le Prunier from an ancestral legacy that began in 1916 with their great grandfather who farmed the rich soils of Northern California, laying the seeds for four generations of family-operated farming. While maintaining the family’s sustainable, organic farming practices, the Taylor sisters unlocked the extraordinary beauty benefits of this powerful fruit. Today, the sisters carry on the farm’s legacy with a 4th generation perspective—Tradition Meets Innovation®. More about Inc. and the Inc. 5000 Regionals Methodology The 2022 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2018 and 2020. To qualify, companies must have been founded and generating revenue by March 31, 2018. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2020 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons. About Inc. Media The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com. Contact Details General Inquiries info@leprunier.com Company Website https://leprunier.com

April 19, 2022 08:03 AM Eastern Daylight Time

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NAMEPA receives grant from Cargill to implement program for educating students to become Marine Environment Protectors

North American Marine Environment Protection Association

The North American Marine Environmental Protection Association (NAMEPA) has received funding from Cargill to implement an afterschool enrichment program for youth in grades 6-8 in underserved communities in the greater Miami area with a goal to educate and activate students to be “Marine Environment Protectors”. The project will help “Save Our Seas” by encouraging this generation to become responsible stewards of the marine environment through hands-on educational programs and projects. NAMEPA’s Marine Environment Protectors program increases ocean literacy among underrepresented youth, highlights workforce development in marine fields, allows for long-term scientific research, and creates a framework for similar projects to expand across North America. “Cargill believes in being strong community partners and actively supports valuable programs that protect and promote our planet,” explained Jan-Willem van den Dijssel, Cargill’s Americas Lead for Ocean Transportation. “We are partnering with NAMEPA to help foster ocean literacy amongst students of today and steer them to become ocean ambassadors of tomorrow. This program supports this goal and will drive lasting positive change.” NAMEPA Co-Founder and Executive Director Carleen Lyden Walker commented, “ NAMEPA is grateful to Cargill Cares Community Fund for providing opportunities for organizations such as NAMEPA to engage with students in local communities to be better overall stewards. Marine Environment Protectors will provide hands-on educational programming by utilizing the natural environment, scientific instrumentation, and immersive classroom instruction. This funding allows NAMEPA to continue our educational outreach toward the goal of activating communities to ‘Save Our Seas’.” CARGILL - Cargill’s 155,000 employees across 70 countries work relentlessly to achieve our purpose of nourishing the world in a safe, responsible and sustainable way. Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need to thrive. We combine 157 years of experience with new technologies and insights to serve as a trusted partner for food, agriculture, financial and industrial customers in more than 125 countries. Side-by-side, we are building a stronger, sustainable future for agriculture. NAMEPA - The North American Marine Environment Protection Association (NAMEPA) is a marine industry-led organization of environmental stewards preserving the marine environment by promoting sustainable marine industry best practices and educating seafarers, students and the public about the need and strategies for protecting global ocean, lake and river resources. Visit us at www.namepa.net. Contact Details NAMEPA Carleen Lyden Walker +1 203-260-0480 executivedirector@namepa.net Company Website https://namepa.net/

April 12, 2022 03:47 PM Eastern Daylight Time

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Fine Fragrance House LilaNur Parfums Finalists at 2022 US Fragrance Foundation Awards

LilaNur Parfums

India's luxury fragrance brand, LilaNur Parfums has been shortlisted for two of the most prestigious categories in the Fragrance Foundation Awards during their first year in the market. Davana Cèdre Eau de Parfum, created by Firmenich Master Perfumer, Honorine Blanc, was recognized for the Perfume Extraordinaire category for its olfactory innovation. Additionally, Rose Attar Absolu was recognized in the Fragrance Innovative Product of the Year for its unique product formulation and for utilizing pure Indian-grown Rose Centifolia in an international fragrance for the first time ever. LilaNur Parfums was created by Anita Lal, Founder and Creative Director of Good Earth India, and Paul Austin, former Senior Vice President for the Global Fine Fragrances division at Givaudan. LilaNur Parfums ’ mission is to inspire the world with India’s rich fragrance culture, build awareness around its array of natural perfumery ingredients, and to drive opportunities to the thousands of rural workers whose livelihoods depend upon India’s floriculture economy. From its inception, LilaNur Parfums forged partnerships with Jasmine C.E. in Madurai - the country’s leading supplier of floral absolutes to the fragrance industry - and the Firmenich Naturals Innovation Group in Grasse to create fully traceable and innovative scents from field to flacon. For Davana Cèdre, the idea was to harmonize the balsamic fruitiness of Davana - an herbaceous Indian plant used in worship - with something elemental and androgynous. “Davana Cèdre really took me out of my comfort zone” said Honorine Blanc. Master Perfumer at Firmenich. “I wanted to capture a sense of unexpected contrasts - between the spirituality of the Davana and the strength of the Cedarwood”. The Rose Attar Absolu is an alcohol-free, perfume oil infusion which delivers a singular, vivid true-to-flower bloom and luxurious skin feel. Absolutes of pure Indian-grown Rose Centifolia - cultivated exclusively for LilaNur Parfums in India and used for the first time in international perfumery - are macerated for over 100 days with pure, ethically sourced Sandalwood. “I’ve always had a desire to create a modern fragrance line that reflected the true essence of India’s majestic flora and to reintroduce the traditions of attars to the world,” said Anita Lal, co-creator of LilaNur Parfums, “I’m happy to see this innovation be recognized within the prestigious US fragrance community.” “These nominations attest to India’s incredible fragrance story and its ability to inspire so much creativity and imagination - from the jasmine fields of Madurai to the perfumery ateliers of Grasse.” said Paul Austin, co-creator of LilaNur Parfums. The Fragrance Foundation will officially announce the award winners on June 9, 2022, at their annual awards ceremony in New York City. About LilaNur Parfums LilaNur Parfums, which launched October 2021, is India’s first luxury fragrance house, celebrating the country’s abundant flora and olfactory riches, expressed through the lens of French master perfumery. Born in the fragrant fields of Madurai in Southern India and crafted in Grasse, each of the 7 Eau de Parfums and 3 Attar Absolus have been composed around India’s iconic flowers, spices, herbs and woods. LilaNur Parfums was created by Anita Lal, Founder and Creative Director of Good Earth India, and Paul Austin, former Senior Vice President for the Global Fine Fragrances division at Givaudan. For the launch collection, four of France's most revered perfumers - Honorine Blanc, Olivier Cresp, Fabrice Pellegrin, and Clément Gavarry - each with a shared passion for the rich fragrance culture of India - were invited to compose a scent using iconic Indian ingredients as their muse as a starting point. Many of these ingredients were borne from the joint venture between Jasmine C.E and Firmenich. aimed at developing unique and innovative extractions of Indian flora. LilaNur Parfums launched in October 2021 and is available exclusively at Bergdorf Goodman and lilanur.com. www.LilaNur.com @lilanurparfums Contact Details BPCM Laura Schroeder +1 631-885-2464 lschroeder@bpcm.com Company Website https://www.lilanur.com/

April 12, 2022 09:30 AM Eastern Daylight Time

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Minuteman Press Franchise in Welshpool, Perth, Western Australia Celebrates 17 Years, Shares Growth Strategies

Minuteman Press International Inc

Rod Hambley has owned his Minuteman Press printing franchise in Welshpool since March of 2005. In May of 2021, Rod purchased 15-year independent print shop Images on Paper. Following the acquisition, Rod merged staff from both businesses and has been producing more in-house orders with the equipment that was added. The result has been doubling and even tripling monthly sales in the months following the acquisition. This includes a record sales month for his 17-year business, Rod says, “We’ve clearly had sustained business growth since the acquisition. Sales for both new and existing clients are in line with past turnover for both.” Welcome to Minuteman Press in Welshpool Prior to buying Minuteman Press in Welshpool, Rod worked in the banking industry. He shares, “I was in banking for 25 years and worked as Branch Manager for several banks. I found Minuteman Press at a franchise show and in gaining a rapport with the Regional Vice President, I saw this as a viable option I could venture to when finished at the bank.” Under Rod’s leadership and following the acquisition of Images on Paper, Minuteman Press in Welshpool has continued to grow its core business. Rod says, “Our core business is always in high demand. We offer our clients high quality printing from our wide format machine which produces posters, signage, and stickers of all shapes and sizes. Our digital machine prints booklets, flyers, business cards, and much more. We also still run an offset machine for NCR Books, envelopes, and spot colour work that are all still in demand.” “It is important for local businesses to market and promote themselves. We are able to design and produce the items they need for those purposes and they also need printing of workbooks, forms, and plenty of other items for their operations as well.” -Rod Hambley, owner, Minuteman Press, Welshpool Acquiring Images on Paper As for how the acquisition of Images on Paper came about, it was a combination of Rod being proactive in looking at local acquisition targets in his area as well as the local Minuteman Press outreach campaign initiated by Regional Vice President Glenn Coyle. Rod says, “We have had our eye on this business in the area for a number of years among others. I have done smaller acquisitions over the years that were successful as I still have some clients from those. I saw Images on Paper as a good prospect where the owner might be looking to retire, and Glenn Coyle also identified them through an acquisition campaign.” Glenn Coyle says, “I reached out to Images on Paper and set up a confidential meeting with the owner Harry and his wife Robyn. We chatted for a while and after we got to know each other and I learned about their business, we all moved forward with a plan for Rod to acquire the business if all went well so Harry and Robyn could sell the business and retire.” Glenn adds, “Once I looked over the paperwork they provided, I met with Harry and Robyn again and told them my plan to introduce their business to Rod. They were happy for me to do this. After Rod met with Harry and Robyn, things went well, and they ultimately came to an agreement on price, terms, equipment, staff, and changeover date.” Rod shares, “The benefit to the seller was to save on brokerage costs, and the benefit to me was the increased sales as well as merging staff and added equipment for in-house jobs.” Advice for Others When asked what advice he would give to others looking to own a business, Rod answers, “Be prepared to work hard and find good staff. Also, you should ensure that you have steady cash flow and enough for a rainy day or two.” Minuteman Press in Welshpool is located at U2 119 Welshpool Rd., Welshpool, WA 6106. For more information, visit their website: https://www.welshpool.minutemanpress.com.au. Learn more about Minuteman Press franchise opportunities in Australia at https://minutemanpressfranchise.com.au. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

April 11, 2022 10:00 PM Eastern Daylight Time

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CORRECTING and REPLACING Fine Hygienic Holding Continues to Lead on Progressive Female-Friendly Workplace Reforms with Pregnancy Loss Policy

Fine Hygienic Holding

In the last sentence boilerplate of release dated April 11, 2022, "multiple accolated and awards" corrected to read "multiple awards". The updated release reads: Fine Hygienic Holding Continues to Lead on Progressive Female-Friendly Workplace Reforms with Pregnancy Loss Policy Fine Hygienic Holding (FHH), the world-leading wellness group and manufacturer of hygienic paper products and long-term germ protection solutions, has yet again taken the initiative to introduce new female-friendly policies as part of its continuous workplace reforms which aim to provide the most inclusive and welcoming environment possible for all its employees. Demonstrating that the company is serious about bringing about positive change, it has updated its Parental Leave Policy to include provisions for miscarriage or stillbirth, across all its locations. FHH already has generous maternity leave provisions for working mothers who benefit from 16 weeks of paid leave, above what the International Labour Organization recommends, and it even offers 3 weeks of paid paternity leave, which puts it at the forefront not only in the MENA region but also globally. Employees are eligible for compassionate leave upon the unfortunate event of a female employee or a male employee’s spouse suffering a miscarriage or stillbirth. In both instances the employee is entitled to five days of paid leave, and females may take an additional five days of unpaid leave. This comes in line with FHH’s core values to lead with empathy and extend leave to women needing time to recover physically and emotionally, and to consider the needs of male partners as well. No other company in the region offers such a generous leave policy, with provisions for maternity, paternity, miscarriage or stillbirth, in addition to a monthly day off for females. James Michael Lafferty, FHH CEO, said, “Our company believes that – if we take care of the people, the business will take care of itself – which is why we are constantly on the lookout for practices that support our employees’ wellbeing, especially during pivotal moments in their lives. With our updated policy our aim is to live our values and support our employees through difficult times.” FHH adheres to the highest standards of HR practices with a strong emphasis on supporting and empowering parents within its workforce. It is worth mentioning that the company was recently recognized as a Top Employer Middle East 2022 by the prestigious Top Employers Institute in every country it operates. About Fine Hygienic Holding: Fine Hygienic Holding (FHH), one of the world’s leading wellness groups and MENA’s leading manufacturer of hygienic products, serves consumers in more than 80 countries around the world. Originally established as a paper manufacturer, FHH has transformed into a wellness company dedicated to enhancing global health and wellbeing. Committed to becoming “the shining star of the Arab FMCG business world,” the Group focuses on wellness, sustainability, pioneering CSR programs, and state-of-the-art production processes. Fine Hygienic Holding offers a diverse array of award-winning products including sterilized facial tissues, napkins, kitchen towels, toilet paper, baby diapers, adult briefs, jumbo rolls, as well as away-from-home products to accommodate all types of private and public institutions, in addition to its advanced range of personal protective equipment (PPE) and long-lasting germ protection solutions, it also brings Nai natural iced teas and innovative nutritional supplements, Motiva, to the market. Along with multiple awards over the years, particularly for its products and CSR initiatives, the company was recognized as a Top Employer Middle East 2022 by the prestigious Top Employers Institute in every country it operates. Contact Details Rana Kawalit | │ Corporate Communication & PR Director Rkawalit@finehh.com Company Website https://www.finehh.com/

April 11, 2022 12:24 PM Eastern Daylight Time

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Alvarez & Marsal Consumer Sentiment Survey Identifies Lasting Impact of Pandemic on Shopping Behaviors

Alvarez & Marsal Consumer and Retail Group

Alvarez and Marsal’s Consumer and Retail Group (CRG) releases today the findings from its latest bi-annual Consumer Sentiment Report, based on a survey of 1,500+ U.S. consumers conducted in February and March 2022, to understand how their sense of optimism, their desire to shop, what they were looking to buy, how they planned to use different shopping channels, has changed since the Fall, particularly as they start their journey toward some new form of post-pandemic normalcy. The survey was in the field as the Omicron variant faded across the USA, and just before the Ukrainian crisis began. “Our survey shows that consumers are not much more confident than they were in the Fall of last year,” said Jonathan Sharp, Managing Director in Alvarez & Marsal’s Consumer and Retail Group, and lead author of the report. He added, “They continue to be focused on basic needs with less frequent shopping trips, and their biggest concern is inflation.” The survey findings underscore the lasting impact of the pandemic on shopping behaviors. It finds that a vast majority of respondents, 80%, are still sticking with the behavioral changes made during the pandemic. Only 5% of respondents indicated reverting back to pre-pandemic habits when compared to the Fall 2021 survey. The survey found that 49% of respondents expected things to either get worse or stay the same for their family in the next 6 months. More than half expect to have less or the same amount of money for themselves in the next 6 months. Notes Jonathan Sharp, “Though these represent an improvement from results of the Fall 2021 survey, overall consumer sentiment clearly remains weak.” Spending reticence has been driven by concerns over inflationary pressures and price increases, which was cited as the #1 barrier to spending, by 49% of respondents. As a result, consumers have increasingly been focusing their spending on basic needs and experiences. As this focus grows, consumers’ spending on indulgence and gifts continue to lose priority. Majority of consumers also continue to regard shopping as a largely functional rather than leisure pursuit, with 59% of respondents mostly or only shopping when there is something they really need. As a result, they are increasingly bundling shopping missions – shopping less often and buying more items per trip. In the restaurant and vacation space however, the report points to some evidence that consumers have emerged from pandemic hibernation – most markedly in their out-of-home dining. More than half of respondents have reverted to their pre-pandemic dining frequency. Notably, 18% are dining out even more than they were prior to the pandemic. Almost half of those surveyed also plan to travel this Spring. “While they may not feel optimistic, consumers are beginning to open their wallets, go on vacation, and eat in restaurants, presenting opportunities for retailers and businesses alike,” says Sharp. To access the results and read the full Alvarez and Marsal’s Consumer and Retail Group Consumer Sentiment Report, please visit: https://alvarezandmarsal-crg.com/insight/am-crg-consumer-sentiment-survey-spring-2022/ Survey Methodology Alvarez and Marsal’s Consumer and Retail Group interviewed 1,578 US adults between Feb 23, 2022 and March 9, 2022. The survey sample was balanced to be representative of the US adult population according to gender, age, ethnicity, income and region. The Alvarez and Marsal Consumer and Retail Group (CRG) is a management consulting firm that tackles the most complex challenges and advances its clients, people, and communities towards their maximum potential. CRG combines the best of A&M’s broader firm's bias toward action and practicality with deep consumer and retail industry experience. CRG partners with businesses across a wide range of categories including Food & Beverage, Beauty & Personal Care, Grocery, Mass Merchandise, and Apparel & Footwear to drive significant performance improvement. Contact Details Alvarez & Marsal Consumer and Retail Group David Schneidman dschneidman@alvarezandmarsal.com Company Website https://www.alvarezandmarsal.com/industries/retail/retail

April 11, 2022 11:03 AM Eastern Daylight Time

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Fine Hygienic Holding Continues to Lead on Progressive Female-Friendly Workplace Reforms with Pregnancy Loss Policy

Fine Hygienic Holding

Fine Hygienic Holding (FHH), the world-leading wellness group and manufacturer of hygienic paper products and long-term germ protection solutions, has yet again taken the initiative to introduce new female-friendly policies as part of its continuous workplace reforms which aim to provide the most inclusive and welcoming environment possible for all its employees. Demonstrating that the company is serious about bringing about positive change, it has updated its Parental Leave Policy to include provisions for miscarriage or stillbirth, across all its locations. FHH already has generous maternity leave provisions for working mothers who benefit from 16 weeks of paid leave, above what the International Labour Organization recommends, and it even offers 3 weeks of paid paternity leave, which puts it at the forefront not only in the MENA region but also globally. Employees are eligible for compassionate leave upon the unfortunate event of a female employee or a male employee’s spouse suffering a miscarriage or stillbirth. In both instances the employee is entitled to five days of paid leave, and females may take an additional five days of unpaid leave. This comes in line with FHH’s core values to lead with empathy and extend leave to women needing time to recover physically and emotionally, and to consider the needs of male partners as well. No other company in the region offers such a generous leave policy, with provisions for maternity, paternity, miscarriage or stillbirth, in addition to a monthly day off for females. James Michael Lafferty, FHH CEO, said, “Our company believes that – if we take care of the people, the business will take care of itself – which is why we are constantly on the lookout for practices that support our employees’ wellbeing, especially during pivotal moments in their lives. With our updated policy our aim is to live our values and support our employees through difficult times.” FHH adheres to the highest standards of HR practices with a strong emphasis on supporting and empowering parents within its workforce. It is worth mentioning that the company was recently recognized as a Top Employer Middle East 2022 by the prestigious Top Employers Institute in every country it operates. Fine Hygienic Holding (FHH), one of the world’s leading wellness groups and MENA’s leading manufacturer of hygienic products, serves consumers in more than 80 countries around the world. Originally established as a paper manufacturer, FHH has transformed into a wellness company dedicated to enhancing global health and wellbeing. Committed to becoming “the shining star of the Arab FMCG business world,” the Group focuses on wellness, sustainability, pioneering CSR programs, and state-of-the-art production processes. Fine Hygienic Holding offers a diverse array of award-winning products including sterilized facial tissues, napkins, kitchen towels, toilet paper, baby diapers, adult briefs, jumbo rolls, as well as away-from-home products to accommodate all types of private and public institutions, in addition to its advanced range of personal protective equipment (PPE) and long-lasting germ protection solutions, it also brings Nai natural iced teas and innovative nutritional supplements, Motiva, to the market. Along with multiple accolated and awards over the years, particularly for its products and CSR initiatives, the company was recognized as a Top Employer Middle East 2022 by the prestigious Top Employers Institute in every country it operates. Contact Details Rana Kawalit | │ Corporate Communication & PR Director Rkawalit@finehh.com Company Website https://www.finehh.com/

April 11, 2022 02:59 AM Eastern Daylight Time

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