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SPARK Microsystems Teams with UWB Alliance to Test UWB Coexistence

SPARK Microsystems

SPARK Microsystems, a Canadian fabless semiconductor company specializing in next-generation ultra-wideband (UWB), and UWB Alliance, an international non-profit organization dedicated to the promotion and growth of the UWB industry, have initiated a joint effort to test the coexistence and aggregation capabilities of UWB technology in environments where other UWB or other wireless protocols and radio devices are in use. This first phase includes testing the interoperability and compatibility of a pair of UWB technologies operating in a single environment simultaneously with UWB transceivers from SPARK Microsystems and other industry players. “Generating empirical data through scientific testing is critical for understanding how UWB devices can coexist with other devices,” said Benjamin Rolfe, CTO, UWB Alliance. “The testing we are doing with SPARK Microsystems will enable the industry to progress forward on collaborative coexistence strategies that optimize spectrum sharing while minimizing interference. It will also provide standards-making bodies with factual documentation to aid in amending or modifying spectrum rules, allowing more UWB-enabled solutions to come to market.” Preliminary results of phase one with multiple UWB devices indicate generally good coexistence performance, with the tested devices showing no measurable performance impact from other interfering UWB devices. Testing of multiple devices in aggregation was also conducted. Phase two will expand the coexistence testing to include UWB with U-NII devices in 6 GHz (802.11ax). The full results will become available shortly after the conclusion of the testing. “SPARK Microsystems and UWB Alliance together recognize the importance of coexistence with other wireless devices for widespread market adoption of UWB technology across various markets such as consumer, healthcare, connected cars, smart home and smart factory,” said Frederic Nabki, Co-Founder and CTO, SPARK Microsystems. “We anticipate the results of the testing will educate and inform cross-industry stakeholders on how UWB uses the spectrum in aggregation while coexisting with other radio devices.” About SPARK Microsystems SPARK Microsystems is a fabless semiconductor company that is leading the way towards ultra-low power wireless communications for consumer and IoT-connected devices. With its patented technologies, SPARK Microsystems is bringing to market a high-performance wireless transceiver that allows for orders of magnitude improved power consumption, latency and more accurate ranging and positioning, while providing higher data rates than competing technologies. For more information, please visit www.sparkmicro.com. About UWB Alliance UWB Alliance is an international non-profit organization headquartered in Washington D.C. dedicated to the promotion and growth of the ultrawideband (UWB) industry. The UWB Alliance promotes large-scale deployments of UWB technology by fostering the advancement of the regulatory environment for UWB technologies, providing a center of excellence for UWB education and coexistence, and promoting industry cooperation in the development of specifications and standards for interoperability. For more information regarding the UWB Alliance, visit uwballiance.org. Contact Details Rainier Communications Jenna Beaucage +1 508-340-6851 jbeaucage@rainierco.com UWB Alliance Steve Raymond +1 206-406-0087 steve@uwballiance.org Company Website https://www.sparkmicro.com

July 12, 2022 11:18 AM Eastern Daylight Time

Inflectra's Spira Version 7.0 Enables Partners and Customers to Create Native Plugins and Make them Available to Other Users

Inflectra

Inflectra, a leading maker of IT software lifecycle management solutions, today announced its latest Spira platform version release. The company’s Spira Version 7.0, which includes SpiraTest, SpiraTeam and SpiraPlan, three industry-leading products for application test management, test automation, and project and quality management, now comes with a built-in app store — SpiraApps. Spira is designed to help customers streamline their software operations, allowing developers, testers and managers to allocate time and resources to business-critical assignments. “We recognize that lots of companies have good ideas and products, and we want to be able to harness and integrate these into Spira for the benefit of our customers and partners,” said Inflectra CEO Adam Sandman. “The unique features of the SpiraApp plugin extensibility system will allow, for the first time, customers and partners of Inflectra to create their own functionality inside the system. Our entire suite of tools was created with users in mind, and because the company has never accepted any outside investment, our products are influenced by users’ needs, not those of investors. SpiraApps is a direct result of Inflectra’s partners’ and customers’ feedback.” SpiraApps is unique in that: The same set of plugins and extensions written as SpiraApps will be available for cloud and self-hosted (on-premise) versions of the platform without any differences in code — in other words, it will offer “write once, run everywhere” functionality for plugins. It focuses on industry and methodology-specific functionality, helping to better meet the specific needs of regulated industries. For example, software products targeting the healthcare sector must comply with different regulations and requirements than those for the banking or aviation industries. It gives individual customers access to features they need, without having to contend with any they don’t need, creating their ideal toolchain. It allows third-party applications to be deployed and run securely and reliably inside the platform using built-in Spira Plugin Manager, so that users can harmoniously blend different tools to meet their exact requirements. SpiraApps integrates seamlessly with three key DevOps platforms — GitLab, GitHub, and CircleCl. It will also offer enhanced risk management for hardware projects, automated standard tasks, test cases for streamlined project management, and templated artifact descriptions so customers can more easily standardize their processes. Inflectra offers a suite of intuitive, turnkey enterprise solutions to manage the entire software lifecycle. Its industry-leading products for application test management, test automation and lifecycle management. Among our most popular products are SpiraPlan, giving you the ability to synchronize what matters, with agile program development; and Rapise, providing fast and easy test automation for everything—web, mobile, desktop, and APIs. Founded in 2006 and headquartered in the United States, Inflectra now has offices in more than 10 countries, along with a global partner network that covers more than 5,000 customers worldwide. Learn more at www.inflectra.com. Contact Details Trust Relations Sara Reister +1 215-896-3243 inflectra@trustrelations.agency Company Website https://www.inflectra.com/

July 12, 2022 09:00 AM Eastern Daylight Time

Congratulations to Carlos Alcaraz, who wins the OPPO Breakthrough Inspiration Award at Wimbledon 2022

OPPO

LONDON, UK - Media OutReach - 12 July 2022 - As this year’s Wimbledon has drawn to a close, The All England Lawn Tennis Club and OPPO (Wimbledon’s Global Partner for the fourth consecutive year) recognise the sporting excellence on show during the fortnight. Looking at those that inspire, not just the next generation of tennis stars, but also the fans in the stands and at home, unveiled today is the winner of the OPPO Breakthrough Inspiration Award – Carlos Alcaraz. The winner of the OPPO Breakthrough Inspiration Award at Wimbledon 2022– Carlos Alcaraz Hailed as one of the most exciting young stars in tennis, the 19-year-old has won four ATP singles titles this year and is currently ranked at a career-high of No.6 in the world. Tied to OPPO’s new brand proposition, Inspiration Ahead, this year’s award has rebranded to focus on recognising the herculean efforts of tennis players at the peak of their talents. Competing against the best of the best comes with struggle and adversity, and the award champions those who have persevered and excelled with a positive outlook. “Inspiration Ahead means showing confidence and poise when we are moving forward. It encourages us to remain resolved and graceful as we brave the storm and break the stagnation. Participating in sporting events is fantastic for OPPO to convey the mutually inspirational spirit and communicate OPPO’s technology innovation experience with our global users.” announced William Liu, OPPO's Vice President and President of Global Marketing. The finalists, chosen by a panel of Wimbledon’s broadcast correspondents, were selected from this year’s competing tennis stars at The Championships. In the running to be crowned the winner of the OPPO Breakthrough Inspiration Award for 2022 were eventual winner Carlos Alcaraz, along with Jannik Sinner, Tatjana Maria and Harmony Tan. Fans around the world had the power to vote for the tennis player that inspired them the most throughout the competition, with the vote concluding on 8 July. Breaking new ground and inspiring people worldwide is a key ethos at OPPO. The OPPO Breakthrough Inspiration Award exemplifies this ethos by acknowledging the tennis stars that live and breathe those values. Inspiring future tennis stars is key to continuing the eclectic 100-year legacy of Wimbledon’s Centre Court, marking it as one of the greatest sporting tournaments in the world. About OPPO OPPO is a leading global smart device brand. Since the launch of its first mobile phone - “Smiley Face” - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find X and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world. About Wimbledon The Championships, Wimbledon, is the oldest of the four tennis Grand Slams and the only one played on grass. Managed by The All England Lawn Tennis Club and staged on the Club’s Grounds, Wimbledon has evolved from its origins as a private members’ croquet club in 1868, to one of the world’s biggest annual sporting events and one of the most well-respected brands in sport. Visit www.wimbledon.com and follow us @wimbledon on all major social media platforms. Contact Details OPPO Media Contact press@oppo.com

July 12, 2022 05:00 AM Eastern Daylight Time

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Nearly Half a Million Young People Are Quitting E-cigarettes Through Text: First-of-its-kind program from truth® is helping young people quit vaping nicotine

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/qb2xLRu2VOQ E-cigarette use among young people remains at epidemic levels with nearly one in five high school students using e-cigarettes and approximately 40% of users doing so on a regular basis, according to recent data. What can be done to turn around this troubling trend? Text message programs are available to help young people on their quitting journey. This is Quitting from truth is a free and anonymous text messaging program designed to help young people quit vaping nicotine. The first-of-its-kind quit program incorporates messages from real young people like them who have attempted to, or successfully quit, e-cigarettes. Results from a clinical trial demonstrate the effectiveness of the program and found that This is Quitting from truth increased quit rates among young adults aged 18-24 by nearly 40% compared to a control group. How it works To enroll in This is Quitting, teens and young adults can text DITCHVAPE to 88709. The first messages they receive will ask for their age and product usage so that they are able to receive relevant messages. Users receive one age-appropriate message per day tailored to their enrollment date or quit date, which can be set and reset via text message. Those who are not ready to quit receive at least four weeks of messages focused on building skills and confidence. Users with a quit date receive one week of messages prior to that date and at least eight weeks of messages after their quit date. Throughout the program, users can text COPE, STRESS, SLIP or MORE to receive instant support. Upon completion of the program, users receive periodic text messages from truth and may continue to use supportive keywords for as long as they like. For more information, visit TRUTHINITIATIVE.ORG Teens and young adults can join for free by texting DITCHVAPE to 88709. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

July 11, 2022 04:00 PM Eastern Daylight Time

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Frost & Sullivan Honors Xcitium with the Best Practices Competitive Strategy Leadership Award in the Global Endpoint Security Industry

Comodo

Xcitium, formerly known as Comodo Security Solutions, is proud to be recognized by Frost & Sullivan with the 2022 Best Practices Competitive Strategy Leadership Award. This honor is the result of a rigorous evaluation across the global endpoint security industry to assess best practices and award companies that are revolutionizing cybersecurity solutions to overcome market challenges. Xcitium received high marks across all categories including strategy effectiveness, strategy execution, executive team alignment, the customer purchase and service experience, and brand equity. At a time when endpoint security solutions are vital to stopping increasing cyber threats, Xcitium is the only suite of solutions on the market that provides protection against zero-day ransomware and malware attacks by confining unknown files and code in a protective container until it is determined safe. “ Xcitium ’ s Zero Threat Technology, utilizing patented Kernel API Virtualization, prevents unknown malware from accessing critical system resources that cause damage, while providing complete use of the unknown file or application—this is a distinct departure from all existing vendors which terminate the offending unknown once their engine makes a threat determination,” said Sarah Pavlak, Industry Principal at Frost & Sullivan. Originally founded as Comodo to provide SSL certificates, Xcitium has transformed in recent years into the industry ’ s leading unified managed endpoint security company. Where other cybersecurity solutions only provide 99% protection against attacks, Xcitium strives to close that gap and provide protection against all threats without disruption to a customer ’ s workflow. “ The threat landscape is incredibly large right now and constantly changing. Smaller and medium sized enterprises are dealing with the same threats as larger companies, but they rarely have the time or resources to deal with those attacks. Our ultimate goal is to make CISO ’ s jobs easier, providing them with Endpoint Detection and Response and Managed Detection and Response solutions that protect while being simple to configure, scale and maintain with no impact to business productivity,” said Ken Levine, CEO of Xcitium. “ This recognition from Frost & Sullivan is proof that our patented Zero Threat Technology is not only providing our customers with true protection, but is also an affordable and easy to use solution for security professionals.” Focused on core bundles to address different needs of organizations, Xcitium offers a wide range of services including Incident Response, Proactive Threat Hunting, Reverse Engineering of Binaries, Threat Intelligence, full endpoint protection with breach protection and MDR capabilities. For more information on Xcitium and to read the full Frost & Sullivan report visit Xcitium.com. About Xcitium Xcitium, formerly known as Comodo Security Solutions, is used by more than 3,000 organizational customers & partners around the globe. Founded with one simple goal – to put an end to cyber breaches, Xcitium’s patented ‘Zero Threat’ technology uses Kernel API Virtualization to isolate and remove threats like zero-day ransomware and other malware before they cause any damage. Zero Threat is the cornerstone of Xcitium’s endpoint suite which includes advanced endpoint protection (AEP), endpoint detection & response (EDR), and managed detection & response (MDR). Since inception, Xcitium has a zero breach track record when fully configured. About Frost & Sullivan For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact Details Xcitium Ashley Pontius +1 813-409-4091 ashley@ashleypontiuspr.com Company Website https://www.xcitium.com/

July 11, 2022 09:02 AM Eastern Daylight Time

Symphony to launch research lab in collaboration with French institutions

Symphony Communication Services

Symphony - the leading markets’ infrastructure and technology platform, will conduct applied research on confidential computing and voice management in partnership with public and private entities in France, as part of the soon to be launched Symphony Labs in Sophia Antipolis. Through this initiative the company will seek to employ at least 10 researchers in the next three years. Symphony plans to work with researchers and students from the university Mines Paris-Psl, Campus Pierre Laffitte to address forward looking topics in the domain of information technology and financial markets. Both organizations are proud to highlight the expertise in the region while investing in future talent. As part of the Symphony Labs, the company also partnered with smartTrade Technologies, a leading global technology provider of multi-asset SaaS electronic trading platforms, to work in the coming years on joint research initiatives in the fields of artificial intelligence (AI), machine learning (ML), natural language processing (NLP) and the management of unstructured data. Commitment to France Symphony is strongly committed to France, where it has two offices and employs over 170 people, mostly from technical backgrounds. From day one, the company - which was founded in Palo Alto, California back in 2014- has had a commercial presence in Paris to serve the thriving financial services sector in the country, which has grown in relevance post Brexit. In 2018, Symphony inaugurated a research and development (R&D) center in Sophia Antipolis, which has become the company’s main engineering hub. Currently, the expertise found in Sophia ranges from web and desktop applications, mobile, integrations, globally distributed architectures, security and encryption, and data science to operations. Symphony is proud to contribute and be part of the region’s dynamic and innovative ecosystem. The company will be working closely with Team Côte d’Azur to showcase the local fintech ecosystem and highlight the region’s capabilities abroad. Driving innovation The company has been an important driver of innovation and key partner to financial firms in France. Symphony is currently working with the Global Markets division of BNP Paribas on automating execution via a BOT and also powering federated solutions to reach their clients. The company also has prolific working relationships with other French financial institutions such as Crédit Agricole CIB, Societe Generale and Sycomore Market Solutions. Today the company’s chief executive, Brad Levy, is scheduled to attend Choose France, the flagship business summit for CEOs of international companies, organized by the Office of the French President. Symphony is the most secure and compliance-enabling markets’ infrastructure and technology platform, where solutions are built or integrated to standardize, automate and innovate financial services workflows. It is a vibrant community of over half a million financial professionals with a trusted directory and serves over 1,000 institutions. Symphony is powering over 2,000 community built applications and bots. For more information, visit www.symphony.com. Contact Details Odette Maher +44 7747 420807 odette.maher@symphony.com Company Website https://symphony.com/

July 11, 2022 03:44 AM Eastern Daylight Time

Bringing Convenience to ‘Summer Essentials’

YourUpdateTV

With summer here, people are excited to head out to the pool or beach for a little fun in the sun. Recently, TV Host and Lifestyle Expert Ereka Vetrini, teamed with DoorDash on a nationwide satellite media tour to discuss some tips to take the stress out of summer planning. A video accompanying this announcement is available at: Summer is the perfect chance to spend some lazy days at the pool or beach, hang out with the kids, reset, relax, and unwind. But with only a couple months to enjoy the summer season, it’s important to set yourself up for success and not waste any time stressing the little things. With DoorDash, it’s easy to stop sweating the small stuff. DoorDash is the one-stop shop for all things summer. Most people think of food delivery when you think DoorDash, but they have also partnered with Walgreens, Dollar General, CVS, Rite-Aid and more local convenience stores to give you quick access to all of the summer essentials that you need. Using DoorDash can help prevent those last-minute trips to the store, which alleviates so much anxiety and allows you to truly enjoy the summer. Did you know the average American has to turn around and go back inside their home to retrieve a forgotten item four times a month? Many Americans forget to pack these essentials and end up paying the price later. Whether that means finding another local store near their destination or going without sunscreen and sunglasses for the day, it’s not an ideal way to start a summer experience. DoorDash is the quickest and easiest way to help you access these summer essentials from wherever you are. Also keep an eye out for summer deals that you can take advantage of. DashPass members get huge discounts across a wide-variety of summer essentials, whether ordering from a restaurant, grocery, or convenience store. DashPass members also get free delivery on orders over $12. These deals will help save you money on summer essentials AND save time that could be better spent on a beach or pool deck, soaking up the sun with your family. For more information, download the app or visit DoorDash.com About Ereka Vetrini Ereka Vetrini is a TV Host, Lifestyle Expert, Brand Spokesperson, Producer, Blogger and proud mom of two. Ereka is currently the host of Lifetime’s Access Health. Access Health brings you the latest cutting-edge developments and innovations in medicine, nutrition and fitness, so women everywhere can take charge of their health starting today! She is also a regular contributor to NBC’s 1st Look and NY Live. As an on-air correspondent for NBC she covers the hottest spots to dine, travel and shop! Ereka was previously the host of TLC Sunday Brunch where she brought you the very best brunch & cocktail recipes, styling tips and so much more! As a mother of two, Ereka enjoys spending every spare minute running after her 9 and 7 year-old. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

July 08, 2022 12:30 PM Eastern Daylight Time

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OPPO Immortalises 100 years of Wimbledon’s Centre Court with its latest AR experience

OPPO

LONDON, UK - Media OutReach - 8 July 2022 - On the famous vibrant grass courts of Wimbledon, inspiration is front and centre, thanks to this year’s tennis stars wowing fans across the globe. For the athletes they’re inspired by the overwhelming support of their energetic crowd. For the fans, seeing the hero tennis stars they admire inspires them to push the boundaries of human achievement. To mark the centenary of Wimbledon’s Centre Court, OPPO has created an Assisted Reality (AR) experience based on its newest CybeReal 2.0 technology, giving fans a unique viewpoint of the beloved Grand Slam. OPPO immortalises 100 years of Wimbledon’s Centre Court OPPO has returned as the global partner of Wimbledon for the fourth consecutive year, empowering tennis fans to capture the authentic magic of the court with its advanced imaging technology. OPPO’s new brand proposition, Inspiration Ahead, champions overcoming challenges and adversity with determination and a positive attitude, which aligns with the ethos of many of the world’s favourite tennis stars. Wimbledon showcases worldwide the necessity of growth and evolution against stagnation. OPPO x Wimbledon This year, available exclusively for fans attending the tournament, OPPO’s AR experience will give fans an inside look into the eclectic history of Wimbledon. The experience allows tennis fans to drop in the iconic athletes from across the decades into their AR environment and hear first-hand the moments that have cemented Wimbledon’s legacy. The experience was created using OPPO’s AR platform, CybeReal 2.0. OPPO CybeReal 2.0 AR Experience for 100-year of Wimbledon Centre Court CybeReal 2.0 is underpinned by our latest spatial computing and localisation technology, which can provide highly accurate position and orientation but lower power consumption with a single capture of the physical environment. The self-developed 3D reconstruction technology achieved consumer-level data collection of real-world and cloud-based reconstruction of its virtual replica, all within few hours for Wimbledon court. This can be achieved on OPPO handsets, taking place this time on the flagship device, the OPPO Find X5 Pro. Innovation is threaded throughout all facets of OPPO and sits at the core of the company’s ethos. Technological advancements, such as the dedicated imaging NPU MariSilicon X, are a prime example of OPPO’s commitment to elevating users’ experiences. The imaging NPU is a product of over ten years of research and development, debuting in the smartphone filled with industry-firsts, the OPPO Find X5 Pro. With up-levelled photography and videography capabilities, tennis lovers can easily capture the awe-inspiring scenes on the court with brilliant HDR quality. MariSilicon X’s computational power brings true-to-life imaging experiences to reveal the subtle nuances of action at Wimbledon. With the breakneck speeds of the serves at Wimbledon and the fast-paced movement of the players, smartphones have notoriously been known not to capture the authentic intensity of the Grand Slam matches. The Find X5 Pro solves this issue with its Ultra-Clear Snapshot technology in tandem with the industry-first Five-Axis Optical Image Stabilisation (OIS) and three-degrees anti-shake technology for impressive results without the lag. Shot on OPPO Find X5 Pro: Wimbledon Centre Court Looking to the future, OPPO’s committed to ensuring tennis lovers around the world can experience the thrills and the excitement of the elite championship. From high-quality imaging experiences for the fans in the stalls to the crystal-clear smartphone displays for fans viewing at home, OPPO will continue to empower fans at Wimbledon 2023. About OPPO OPPO is a leading global smart device brand. Since the launch of its first mobile phone - “Smiley Face” - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find X and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world. Contact Details OPPO Media Contact press@oppo.com

July 08, 2022 05:00 AM Eastern Daylight Time

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Volatus Aerospace Chairman Joins The Hague Court of Arbitration for Aviation

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company") is proud to announce that Ian McDougall, Chairman of the Volatus Aerospace Board of Directors, has accepted the invitation of The Hague Court of Arbitration to join their Aviation Advisory Board. Located in The Hague, Netherlands and administered by the Netherlands Arbitration Institute, THE HAGUE COURT OF ARBITRATION FOR AVIATION is a non-profit and modern specialized court of arbitration and centre for mediation for the global aviation industry. Its mandate is to provide practical and flexible arbitration and mediation solutions in accordance with international best practices, tailored to the needs of the commercial and private aviation sectors and focused on ensuring enforceability in over 160 countries pursuant to the New York Convention. “Ian will contribute deep aviation expertise and market awareness in both traditional aviation and the rapidly emerging drone sector,” said Glen Lynch, CEO of Volatus Aerospace. “We’re proud of his involvement in this important and prestigious legal initiative.” “It’s an honour to be invited to participate on the Aviation Advisory Board for The Hague Court of Arbitration,” said Ian McDougall. “I look forward to the important work ahead.” About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, Latin America and most recently in Europe. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

July 07, 2022 11:38 AM Eastern Daylight Time

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