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Volatus Aerospace Corp. Announces Record Third Quarter 2022 Revenue of $11.12MM

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company"), a global leader in the drone industry, is pleased to announce its financial results for the quarter ending September 30, 2022 ("Q3 2022"). The Company generated revenue of $22,558,010 in the first nine months of 2022. Revenue for Q3 2022 was $11,120,589 an increase of 68% over the previous quarter and a 238% increase over the same quarter in the prior year. The revenue increase in Q3 2022 was driven by organic growth, scale in drone services activities, and increased aviation revenue. Gross profit for Q3 2022 was $3,329,444 an increase of $2,597,024 over the same period in 2021. The increase in gross profit was due to the scale of drone services and aviation revenue. The Company has experienced a gross margin of 30%, representing an increase of 127 basis points over the second quarter of 2022. Volatus recorded a comprehensive loss of ($352,206). This was due to increased investment in human resources in the defense and integrated solutions segments, expansion in the UK, increased share-based payments, and increased advertisement and marketing expenses. The cash on hand as of Sept 30, 2022, was $6,021,163. In a subsequent event, the Company raised additional cash of $4,226,772 from the oversubscribed prospectus and private placement offering that closed on Oct 6, 2022. Notable Operational Accomplishments During the Quarter: Continued delivery of ISR (Intelligence, Surveillance, and Reconnaissance) Drones to Ukraine Introduced a subsidized Customer Financing Program for rapid drone adoption in the commercial segment in partnership with Mitsubishi HC Capital Canada. Secured remote BVLOS (Beyond Visual Line of Sight) approval to operate a drone, using an optical technology for detection and avoidance of aircraft without a visual observer, inside the airspace of an active airport. Demonstrated remote flight operation of two drones located in Las Vegas by a pilot located in the company’s remote operations center more than 3,000 km away in Canada. Entered into a strategic partnership with a radar company - Accipiter Radar Technologies Inc. - to scale BVLOS operations. Continued delivery on our “Profit with Purpose” initiative by completing RPAS technical skills training program with Moose Cree First Nation. Launched our Environment Social and Governance (ESG) initiative to assist various industries achieve their ESG goals by reducing Scope 3 emissions. “Q3 was an important quarter for Volatus as we continued to scale our investment in the defense sector and higher margin Engineered Solutions,” said Glen Lynch, CEO of Volatus. “The quarter also marked the beginning of a transition for our Aviation division as we moved away from passenger activities towards cargo and long linear inspections where drones and eVTOLS’s (electric vertical takeoff and landing vehicles) have a much larger role to play.” Webinar In conjunction with this release, Volatus investor relations will host a webinar on Monday, November 7 th at 4:30 PM EST at which time Glen Lynch, Chief Executive Officer, and Abhinav Singhvi, Chief Financial Officer, will review the quarterly results and major milestones with Danielle Gagne, Head of Corporate Communications as moderator. Investors are invited to register for the webinar here. https://us06web.zoom.us/webinar/register/WN_uAeXAvY2SySzMEJf8FIi5g Audio Replay Options An audio replay of the event will be archived on the Investor Relations page of the company's website here. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout North America and growing into Latin America and globally. Volatus serves civil, public safety, and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, as well as R&D, design, and manufacturing. Through our subsidiary, Volatus Aviation, we are introducing green and innovative drone solutions to supplement and replace traditional aircraft and helicopters for long-linear inspections such as pipeline, energy, rail, and cargo services. Volatus is committed to carbon neutrality; the fostering of a safe, equitable and inclusive workplace; and responsible governance. Forward-Looking Information This news release contains statements that constitute “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and operating performance. Often, but not always, forward-looking information and forward-looking statements 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 Company; 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 Company 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 Company, 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 and forward-looking statements reflect the Company’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 commercialization of drone flights beyond visual line of sight and potential benefits to the Company; and meeting the continued listing requirements of the TSXV. Although the Company 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 Company 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. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Abhinav Singhvi +1 514-447-7986 abhinav.singhvi@volatusaerospace.com Company Website https://volatusaerospace.com

November 07, 2022 06:32 AM Eastern Standard Time

Renovators and OPPO, the Always-on Innovators

OPPO

When people mention “innovation”, they often think of “technology”. While technology is the most dynamic element in innovation, art is also at the forefront of creation. Artists express themselves and reflect on the current trends in their own innovative way. SHENZHEN, CHINA - Media OutReach - 7 November 2022 - To support young artists, OPPO has organized the Renovators Emerging Artists Project for four consecutive years, encouraging and supporting original and experimental art and design creations under the theme of “Art & Tech”. A Summer Night, by Shi Ziyuan In this year’s OPPO Renovators Emerging Artists Project, young artist Shi Ziyuan’s installation A Summer Night won the top prize in the Future Renovators category. A Summer Night is a mechanical device that creates and presents various types of sound, creating an imaginary world in listeners’ mind. Drawing on scenes from a well-known Chinese classical prose, Kouji (Oral Stunts), Shi Ziyuan connects a variety of sounds in her artwork, creating virtual scenes and events, such as “insects chirping on a summer night, people sleeping soundly, houses on fire, people fleeing”. At the same time, a page-turning device is placed to the side to give visitors visual hints and help the viewer think of the link between the visual and auditory contrasts. The idea of “breaking down stereotypes and encouraging people to explore more possibilities in what surrounds them” is what Shi Ziyuan wants to convey through A Summer Night. It is also her thoughts of “innovation”—only by thinking out of the box or even acting against experience can we see more possibilities and innovations. A Summer Night, by Shi Ziyuan How can we make breakthroughs and strive for innovation? As a leading global technology brand, OPPO has some unique insights. Does an electronic screen have to be fixed in size? New materials and technologies can help you break the shackles of imagination. After years of research, OPPO launched innovative products like the OPPO X 2021 rollable phone which unfolds like a scroll, and the OPPO Find N, a folding phone with a unique size and stunning appearance. Do XR glasses have to be a replica of normal glasses? With feather-light and sleek design that is truly a sight to behold, OPPO Air Glass proves that smart device can be both functional and beautiful. Does a phone’s rear design only allow for straight lines? Curves are more elegant and natural. Since the Find X3 series, OPPO has used volcano-shaped designs to create a more organic look. As product of the smartphone series that highlights personality and trendiness, OPPO Reno8 Pro 5G features a Streamlined Unibody Design, which is the first time in this series. Using a special high-temperature, high-pressure hot forging process, coupled with nanometer-scale polishing steps, OPPO creates a smooth 75-degree micro-arc transition around the camera on the integrated streamlined glass back cover. The seamless design makes the phone comfortable to hold while also fitting OPPO’s innovative and elegant design aesthetic. Back cover of OPPO Reno8 Pro 5G Technology evolves over time, pushing design and art forward while also constantly renewing itself. The emergence of the “metaverse” has given Luo Langyi, whose major is the digital media art, a sense of freshness that he has never felt before—not only in terms of the novelty of the form but also in the fact that virtual worlds have opened up more possibilities for breaking the shackles of reality. The individual initiative and creativity empowered by technological innovation dissolve the feeling of powerlessness in the face of changes. Under current technological trends, we can either be swept along or embrace innovation. “If we were no longer restricted by physical space, both creation and life would become more attractive.” Luo Langyi believes that the “crisis” of spatial blockage inspired her to create the OPPO—AR Urban Community, which won the Renovators Creativity Award in the 2022 Renovators Emerging Artists Project. Her artwork was a world modeled on real cities, where users can choose the city they actually live in or the city they dream of living in, while those who enter the same city will become residents of one community. There are four avatar roles to choose from in this AR City Community, including the “protector” who runs the infrastructure of the community, the “builder” who carries out city construction and community governance, the “researcher” who questions the known world, and “explorers” who are constantly chasing the unknown and the future. Through this AR artwork, she hopes to allow OPPO users worldwide to break away from the trivialities of everyday life, reimagine themselves in this urban community, explore independently, and create freely. OPPO—AR Urban Community, by Luo Langyi Similarly, to meet young generation’s need of exploration and self-expression, OPPO Reno8 series is equipped with cutting-edge technology to provide better user experience in terms of design and functionality. Designed to be a Portrait Expert in every aspect, Reno8 Pro 5G is equipped with OPPO’s first self-developed, dedicated imaging NPU, MariSilicon X. With the support of MariSilicon X’s powerful image processing capabilities, Reno8 Pro 5G delivers a series of innovative camera features, including 4K video shooting to help users shoot ultra-clear portraits in very challenging scenarios. In addition to optimized functionality, OPPO Reno8 series also places greater emphasis on design innovation and personality. OPPO Reno8 Pro 5G draws inspiration from porcelain glaze techniques to add a further touch of elegance to the back cover. The Glazed Green features a soothing gorgeous green tone to add a natural, organic feel that is visually relaxing. The Shimmer Gold color of OPPO Reno8 5G inherits the unique OPPO Glow process to create a refreshing feeling of rich textures and vivid color variations while also protecting the phone from fingerprints and other unwanted marks. At the same time, it has a gold base color with a gradient to create a sparkly color. It’s impressive with a stellar personality. Shimmer Gold color of OPPO Reno8 5G From its inception, the Renovators Emerging Artists Project has been closely linked to OPPO Reno series. Whether it is a product or an art contest, they carry the genes of the younger generation, aiming to empower young people to better create, express themselves, and enjoy technology and life. As technology and art complement each other, young artists and OPPO Reno series share the same passion for innovation. Together with young creators, OPPO looks forward to bringing the beauty of technology and art to more people around 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. Contact Details OPPO OPPO International PR Team press@oppo.com

November 07, 2022 05:17 AM Eastern Standard Time

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World’s Most Advanced Health & Safety Tech Startup GoX Labs Secures Seed Funding from SeAH Global, Inc.

GoX Labs

GoX Labs, a Phoenix, Arizona-based startup developing a predictive injury prevention solution called Boost, has raised an undisclosed round of seed funding from SeAH Global, Inc., a US-entity of SeAH Besteel Holdings Corp. This round of financing will enable investment in the areas of sales and marketing, customer service, and partner success. GoX Labs is expecting an increased demand for more governmental oversight regarding heat stress in the workplace. GoX Labs’ patented smart watch app for heat stress prediction was validated in an independent study by Samsung as the most accurate and effective solution of its kind. Companies such as the U.S. Steel Corporation are realizing a 100% reduction in heat injuries using GoX Labs’ smart watch app. “Our approach to mitigating heat stress, like all other injury risk predictions, is based on 12 years of outcome-correlated data analytics, fundamental science and independent validation,” said CEO and Co-Founder Dr. Joe Hitt. “We understand the root cause of each of these injury risks and we eliminate them one worker at a time using our automated learning process.” GoX Labs’ Boost is the only all-in-one wearable solution that is effective against the top five workplace injuries, which include repetitive stress injuries, slips and falls, overexertion, machine-related injuries, and exposure to harmful chemicals. Partnership and customer growth in 2022 has been exponential given the novel science, price point, partner benefits, and positive customer outcomes. This round of funding shows confidence in GoX Labs’ technology from a strategic investor who deeply emphasizes the importance of workforce safety. “We have reviewed a number of comparable biometric-based solutions and found Boost to be the most holistic solution in the world that is based on validated science,” said Sujin Kim, Head of Innovation Center at SeAH Besteel Holdings Corp. “We are extremely happy with the funding of SeAH Global, Inc. We will focus on informing companies that there is a better way to take care of their colleagues’ health and safety. It is better to identify a risk and warn them before that risk turns into an injury. Boost is currently available in North America, Australia, New Zealand, and Singapore. With the additional funding, we will be able to add parts of Europe, Middle East and Asia to the list,” said Duncan Treffers, Chief Growth Officer at GoX Labs. About GoX Labs GoX Labs’ Boost system is redefining how wearable devices can help improve workforce health and wellness. The Boost system uses commercially available sensors, like a smart watch and a sensor pod. The proprietary algorithm developed by GoX Labs turns ubiquitous third-party smartware into an effective injury fighting solution. Everyday, 89 million workers in the US and 350 million in developed countries are exposed to injuries. Some risks such as heat stress and transportation accidents are growing. The Boost solution stays in front of the evolving need to protect our workers who are delivering the essential services that make the world go around. About SeAH Besteel Holdings SeAH Besteel Holdings, Korea’s No. 1 special steel manufacturer, produces top-quality special steel through its optimized automatic system. SeAH Besteel Holdings is leading the market with its competitive product quality and world-class production capacity to manufacture steel by 2.1 million tons and forged products 1.8 million tons a year. SeAH Besteel Holdings has positioned itself as a company specializing in special steel by actively promoting R&D. In the automobile field, SeAH Besteel Holdings, through in-depth research and successful technological development, is supplying independently developed products to meet more than 20% of special steel demand of automakers in Korea. Recently, the company is improving product competitiveness in the global market by strengthening its global marketing organization and entering into contracts with OEM companies that supply products to global automakers. In the rapidly expanding eco-friendly energy market, SeAH Besteel Holdings has also embarked on targeting the special steel market for offshore wind power generation field by winning contracts for and supplying special steel products that are used in wind power turbine gearboxes and offshore wind power generators. For more information please visit goxlabs.com or send us an email at info@goxlabs.com. Contact Details GoX Labs Duncan Treffers duncan.treffers@goxlabs.com Company Website https://www.goxlabs.com

November 04, 2022 09:00 AM Eastern Daylight Time

WonderFi Becomes First TSX-Listed Company To Receive Approval to Offer Crypto Staking

MarketJar

WonderFi Technologies Inc ( TSX:WNDR ) ( OTCQB:WONDF ) is a technology company focused on creating better access to digital assets through centralized and decentralized platforms. The company provides unified access to digital assets, including crypto, DeFi, gaming, and NFTs. Under its brands, Bitbuy, Coinberry and UniiFi, WonderFi provides access to the best that the crypto ecosystem has to offer. WonderFi Announces Upcoming Launch of Bitbuy Staking WonderFi Technologies just announced that, through its subsidiary Bitbuy, it is now the first TSX-listed digital currency trading platform to receive approval from Canadian securities regulators to offer staking to Canadian investors. Recent metrics show that due to the ongoing cryptocurrency and stock market downturn, investors are now holding onto their crypto at an increasing rate. Until recently, Canadians primary option for access to cryptocurrency staking was through unregistered platforms. Bitbuy Staking, which is expected to launch November 28, will allow users to leverage their crypto balances to earn crypto rewards through on-chain staking. Crypto assets associated with proof-of-stake blockchains like Solana (SOL) and Ethereum (ETH) may be bonded to the protocol to help validate transactions and secure the network, in exchange for receiving additional crypto assets as a reward. “Until recently, Canadian investors only had the option to stake on unregistered platforms, ” said WonderFi President and Interim CEO, Dean Skurka. “As a result, this placed undue risk on Canadian investors, and provided limited oversight in the event that things went wrong. By working with our regulators, and utilizing our external custodian, BitGo, and our institutional staking provider, Figment, we are focused on reducing counterparty risk for our clients. We are excited to offer Canadians the option to stake their crypto in a regulated and transparent environment.” At launch, WonderFi estimates that Bitbuy users will have the ability to stake Solana (SOL) for an annualized reward rate of 5-7%. The company expects Ethereum (ETH) staking and other proof-of-stake supported assets to be added in the near term. Bitbuy plans to pay earned rewards weekly, calculated from the protocol reward rate which is variable and different for each network. Incoming CEO Dean Skurka to Lead Organizational Change WonderFi Technologies also recently announced that it is turning its focus on four regulated business segments meant to help it optimize the revenue potential of its more than 600,000 Canadian clients thanks to rising user demand, the lifting of gaming restrictions, and current market trends. The four areas include traditional equities, digital assets, staking plus yield products, and regulated products like gaming and sports betting. Dean Skurka, the incoming CEO of WonderFi, will lead the organizational change. Skurka, who previously held the position of President at Bitbuy, played a crucial role in helping the company grow its registered customer base from around 2,600 in 2018 to more than 400,000 last year. He also helped Bitbuy grow yearly revenue from $1 million to more than $32 million over that period. As a result, he made Bitbuy the first authorized cryptocurrency platform in Canada through the CSA and OSC's exemptive relief scheme and facilitated around $4 billion in trading volume in 2021. Skurka outlines WonderFi' s diverse commercial objectives under his new position: “Revenue growth and profitability are WonderFi’s top priority and by including the trading of equities, staking and yield products, access to sports betting and gaming, and other regulated offerings, we will dramatically bolster our average revenue per user, while simultaneously developing a comprehensive ecosystem for users like ours to generate wealth in the most modern of ways.” Diversification Of Investments Critical In Wealth Creation Explaining the diversification, WonderF ’s strategic investor Kevin O’Leary said: "The key to wealth generation is diversification. There is a direct correlation between those who buy and sell crypto, and stocks, and seek out other wealth-generating products. It makes perfect sense to deliver that to WonderFi’s 600,000 customers within one fully regulated, Canadian-operated ecosystem.” Ben Samaroo shall continue to serve on WonderFi's board of directors to maintain sustainability for the company's relationships with its major shareholders, authorities, and the financial markets. As CEO and co-founder of WonderFi, Samaroo led the historic acquisition of Coinberry for $38 million, the purchase of Bitbuy for $206 million, raising approximately $100 million, and turned the company into the only licensed cryptocurrency firm to be listed on the Toronto Stock Exchange. “I fully endorse Dean Skurka as the next CEO of WonderFi. We are doubling down on offering a wide array of regulated products to our users and Dean, as a proven operational leader, is best suited to lead these efforts,” said Samaroo. “I look forward to continuing our excellent working relationship as he steps into the CEO role.” Dean Skurka and Ben Samaroo have engaged in new consensual lockup agreements barring any transfer or sale of their stock to show all shareholders their dedication to the future success of WonderFi. WonderFi is a top tech company with the goal of unifying and improving digital asset access through decentralized and centralized platforms. The company's board of directors and management team has a proven experience in crypto and finance. For more information on WonderFi Technologies Inc (TSX:WNDR) (OTCQB:WONDF), please visit this link. Disclaimer 1) The author of the Article, or members of the author's immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, WonderFi Technologies Inc. Market Jar Media Inc. has or expects to receive from WonderFi Technologies Inc.'s Digital Marketing Agency of Record (Native Ads Inc.) seventy six thousand Canadian dollars for 17 days (12 business days). 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc's terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on PressReach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on PressReach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management’s expectations regarding WonderFi Technologies Inc’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to WonderFi Technologies Inc’s industry; (b) market opportunity; (c) WonderFi Technologies Inc.’s business plans and strategies; (d) services that WonderFi Technologies Inc. intends to offer; (e) WonderFi Technologies Inc’s milestone projections and targets; (f) WonderFi Technologies Inc’s expectations regarding receipt of approval for regulatory applications; (g) WonderFi Technologies Inc’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) WonderFi Technologies Inc’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute WonderFi Technologies Inc’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) WonderFi Technologies Inc’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) WonderFi Technologies Inc’s ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) WonderFi Technologies Inc’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of WonderFi Technologies Inc. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) WonderFi Technologies Inc’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact WonderFi Technologies Inc’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing WonderFi Technologies Inc’s business operations (e) WonderFi Technologies Inc. may be unable to implement its growth strategy; and (f) increased competition. Except as required by law, WonderFi Technologies Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does WonderFi Technologies Inc. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither WonderFi Technologies Inc. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of WonderFi Technologies Inc. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of WonderFi Technologies Inc. or such entities and are not necessarily indicative of future performance of WonderFi Technologies Inc. or such entities. Contact Details PressReach James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

November 04, 2022 06:00 AM Pacific Daylight Time

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Could This Regulatory Data Company Attract More Interest As The Midterm Elections Approach?

Benzinga

What is the role of information in changing the world? For companies like FiscalNote Holdings Inc. (NYSE: NOTE), this consideration is the cornerstone of its business. As an agency specialized in collecting data on the regulatory processes in the U.S. and abroad, FiscalNote’s existence is a testament to the power of quality information. FiscalNote belongs to a growing library of companies specializing in the timely acquisition and creative distillation of information. These companies have molded information to offer a variety of services ranging from automating finances such as Workiva Inc. (NYSE: WK) to consumer behavioral analysis like Splunk Inc. (NASDAQ: SPLK). For FiscalNote, regulatory data is the foundation of the work. Policies can have a radical impact on how businesses operate. Take the Roe versus Wade case, which in 1973 created a whole new industry for abortion-seeking individuals. FiscalNote is dedicated to collecting valuable regulatory information and detailing how it would affect its customers’ businesses and operations. As the U.S. midterm elections creep closer, FiscalNote’s work may be more valuable than ever. Fortunately, the company has reportedly prepared for this moment. In an episode on SPACInsider, FiscalNote CEO Tim Hwang outlines the company’s recent acquisitions, its cash-rich position and the favorability of market valuations as driving forces in the company’s quest for market share. Leveraging Market Conditions The past two years have seen shifts in the requirement for large-scale data. Brewing market uncertainty and the COVID-19 pandemic provide some of the strongest catalysts for this growing demand for data. As discussed in the podcast episode, Hwang believes the pandemic increased the number of touchpoints governments at every level have on business operations. Additionally, poor market conditions and whipsawing currency valuations are posing significant risks for businesses worldwide. FiscalNote provides services that help businesses tackle and understand their issues through data. The company says it has undergone significant growth to improve its service, including prioritizing key conditions in getting the right SPAC deal for it, and that it is already taking advantage of being a publicly-listed company. Specifically, Hwang highlighted the following developments: The acquisition of DT-Global Business Consulting, an Austria-based market intelligence company, that expands FiscalNote's existing Geopolitical & Market Intelligence solutions business, shortly after its initial public offering (IPO). The expansion into alternative data — financial information covering the economic activity that isn’t covered by equities and traditional markets. Labor, wage and credit card expenditure data are some examples. The acquisition of Aicel, a South Korea-based alternative data solutions and software company that enhances FiscalNote’s Data-as-a-Service offerings on a global scale. Commenting on the business’s merger and acquisition (M&A) strategy, Hwang said, “We are expanding the scope of our products and services to be able to drive continued organic growth well into the future.” Hwang sees the M&A process as simple product development — finding companies that would enrich FiscalNote’s data collection and analysis and acquiring them is a clear-cut way to improve the business’s database and reach. Hwang says that current market conditions, which have sent business valuations well below book and cash values, represent an incredible opportunity for FiscalNote, one that the company is taking advantage of via its acquisitions. Armed with $90 million in cash and a flexible credit facility driven by the company’s annual recurring revenue, Hwang believes the company has both the right management team and the right financials to take FiscalNote to the next level. As midterm elections creep around the corner, the importance of regulatory data and information may reach new heights. Hear more about how FiscalNote is tackling the situation here. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 04, 2022 08:00 AM Eastern Daylight Time

Snapbar Introduces Category-Defining Platform to Drastically Streamline Professional Headshots for Companies With Remote and Hybrid Employees

Snapbar

Snapbar, a software company innovating in the world of virtual events and remote work introduced Snapbar Studio in 2022 after multiple pandemic-driven pivots. With over a decade of experience in designing premium photo and video engagements for some of the world’s largest brands, Snapbar has developed a category-defining corporate headshots solution, making ‘virtual headshots’ a standard term for teams of 50 to 10k+ employees. “We had a lightbulb moment after some of our existing corporate clients asked if our virtual photo booth app, Snapshot, could be used for capturing business headshots at events” recalled founder and CEO, Sam Eitzen. “Of course it can - the underlying technology was the same. Less than two months later, Studio was born and has quickly become our fastest growing product.” Snapbar’s Studio product for ‘virtual headshots’ is not only saving companies immediate time and money, but becoming an integral part of employee onboarding for growing teams: The intuitive, web-based interface along with the power of modern smartphone cameras gives employees the freedom to take their own headshots from wherever they are AI-powered editing coupled with user-assisted fine-tuning produces high quality results for the most common business use cases like web, social, email, badges, and more Pre-defined, automatically generated outputs give businesses every crop, edit, and output they need from only one picture, populated in an admin dashboard with moderation control, auto file naming, and easy exports Custom-branded Studios give businesses the flexibility they need to scale their current and future onboarding needs, whether by team, office, or region Studio replaces the need for location-dependent photography and hand-edited photos, and as a result it minimizes turn-around time and brings down per-headshot cost dramatically resulting in significant savings at scale It’s been a no-brainer for many of Snapbar’s existing clients like FedEx, FIFA and Gusto, who became early adopters and have now integrated Studio headshots into their organizational onboarding. “One of the beautiful things about being a nimble, bootstrapped business is that we can actively listen to our customers and quickly design new products and features around their pain points and specific use cases, which gives all customers a more valuable experience with Snapbar” said Joe Eitzen, Co-Founder and Chief Product Officer of Snapbar. Snapbar continues to roll out new features, improving quality with the latest AI technologies, adding security features for sensitive industries, and adding new administrative features to enhance scalability. “We’re excited to be at the forefront of this new business solution category and will continue innovating to serve the broader demand - from individuals to the largest global organizations” said Patrick Ellis, CTO. “We’ve also recognized a need for smaller teams and individuals that we’re currently not an ideal solution for, but keep an eye on us - we’ll have something for that very soon.” Learn more about Snapbar Studio on their website, or view some of their provided resources to see how it’s used. About Snapbar Snapbar develops intuitive, web-based products that leverage user devices to create on-brand content for teams, events, and marketing. Customers can choose one or combine multiple Snapbar apps to streamline onboarding, connect teams, engage audiences, and drive content creation. They work with companies of all sizes and have built custom solutions for events, marketing, education, teams, live sports, and more. Aside from Studio, Snapbar also offers their Snapshot photo booth and Story video booth products. Both are fully customizable and embeddable UGC apps that work seamlessly across all devices to increase and enhance content creation for nearly any use case you can come up with. Their underlying focus is leveraging user smartphones for creativity and content creation while giving organizations and brands a new way to reach and engage their most important audiences in an increasingly hybrid business world. Access Snapbar Studio assets for additional distribution here. Contact Details Snapbar Ben LoBue +1 833-476-2722 ben@thesnapbar.com Company Website https://snapbar.com/studio

November 03, 2022 10:00 AM Pacific Daylight Time

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PA Media and Agility partnership brings PRs closer to journalists driving news agenda

PA Media

PR and communications professionals can now monitor the news agenda and seamlessly reach the most relevant journalists for their stories through a new partnership between PA Media and Agility. PA Media’s Mediapoint enables customers to both understand and make the news by following breaking stories and then distributing their press releases on the newswire used by journalists. Agility, Innodata Inc.’s (NASDAQ:INOD) AI-enabled public relations platform, has an industry-leading media database with unparalleled data accuracy. The technology partnership will allow PR and comms professionals to seamlessly go from reading a story on Mediapoint to using the new Media Outreach tools to target relevant journalists with their insights, quotes or complementary story through Agility’s media database. PR and comms professionals will then be able to understand the success of their campaign in granular detail by reviewing the number of journalists reached through the wire, email open rates and clickthrough numbers from their release. The partnership will allow them to target journalists from specific industries or locations while knowing they are working with an accurate database. “Our partnership with Agility will allow PRs to respond to the news agenda and get their press releases in front of the right journalists faster and easier than ever before,” said Alan Marshall, Managing Director of Business Information Services at PA Media. “We’re working with Agility because a high-quality media database is essential for our customers to earn press coverage. The Media Outreach launch forms part of a series of enhancements we’re making to Mediapoint over the coming months.” “We believe combining PA Media’s illustrious history in the media and publishing space with Agility’s innovative technology will result in successful, outcome-driven experiences for PR and comms professionals,” said Martin Lyster, CEO of Agility. “We see these types of technology partnerships as key enablers of innovation both now and in the future, contributing to the dynamic and exciting nature of our industry.” The Agility database provides a top-rated user experience and impeccable data confidence due to its in-house media research team that makes up to 2 million manual updates to journalist and outlet contact information every year. “We are delighted to be working with PA Media, renowned for its multimedia and content delivery,” said Allison Murphy, UK Managing Director at Agility. “PA Media Group’s dedication to providing excellent service to their customers aligns perfectly with our values at Agility. We’re honoured to have been chosen as the technology provider to power targeted news distribution on behalf of PA Media.” Notes to editors Learn more about the powerful business ally that is PA Mediapoint. About PA Media Group PA Media Group comprises a diverse portfolio of specialist media companies, spanning news & information, technology and communications services. Its flagship brand, PA Media, is the UK and Ireland’s leading news agency. Alongside PA Media, the Group is also the parent company of content library Alamy, broadcast tech firm Globelynx, strategic marketing consultancy Sticky Content, video streaming business StreamAMG, PA Betting Services, PA Training and PA TV Metadata. PA Media Group has 20 shareholders, made up mainly of UK news and media businesses. The largest shareholders include DMGT plc, Informa plc, News UK plc and Reach plc. http://www.pamediagroup.com About Agility Agility PR Solutions, INNODATA INC.’s (NASDAQ: INOD) AI-enabled industry platform for public relations and media analysis, streamlines media monitoring, outreach, and media intelligence in one intuitive platform for public relations professionals. Global organizations rely on Agility to help them achieve ambitious business goals using an outcome-based approach. Software backed by deep expertise offers high-performance results and PR insights for brands with advanced requirements in a shifting media landscape. Providing innovative technology, outstanding data quality, and high-caliber support, Agility enables success for today’s communicators. https://www.agilitypr.com/ Contact Details PA Media Oyinda Bishi oyinda.bishi@pamediagroup.com Agility PR Solutions Jeffrey Mack jeffrey.mack@agilitypr.com

November 03, 2022 12:08 PM Eastern Daylight Time

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SHIFTKEY AWARDED TOP HONOR AT ANNUAL DALLAS 100 AWARDS

ShiftKey

ShiftKey, a leading technology platform bringing critical workforce solutions, was named the No. 1 fastest-growing privately held company in Dallas at the annual Dallas 100 Awards Gala, presented by Southern Methodist University’s Cox School of Business. The Dallas 100 recognizes the fastest-growing small, independent, privately held companies in North Texas based on three years of continuous revenue growth. To qualify for the Dallas 100, organizations must be headquartered in the Dallas-Fort Worth area and have revenue earnings of between $500,000 to $100 million dollars. “ShiftKey was born out of a vision to transform the workforce, creating opportunities for healthcare professionals to pursue independent, flexible opportunities while addressing serious workforce gaps to keep up with increased patient demand,” said Tom Ellis, CEO, ShiftKey. “We’re proud of our Dallas roots, so this honor means a lot to our team as we continue to position Dallas as a leading technology hub that brings real solutions to our workforce, healthcare systems and economy.” ShiftKey was founded in 2016 in Dallas by technology entrepreneur and innovator Tom Ellis. The company has experienced rapid growth, starting with 25 employees in 2016 and growing to 200 employees today. Since ShiftKey launched, more than 50 million hours in open shifts have been posted to its marketplace platform. The company has a network of 200,000 independent healthcare providers and partners with more than 3,000 healthcare facilities across 30+ states. Today, ShiftKey is the largest technology platform for connecting independent licensed healthcare professionals with open shifts at healthcare facilities across the United States. The company takes a marketplace approach, empowering the provider to determine when, where and how much they want to work, while giving healthcare facilities access to a vast network of professionals with diverse expertise and specializations to meet unique staffing needs in the moment. To learn more about ShiftKey’s exciting growth journey and opportunities for facilities and independent providers, follow ShiftKey on LinkedIn at https://www.linkedin.com/company/myshiftkey/. About ShiftKey Founded in 2016, Dallas-based ShiftKey is the largest technology platform for connecting independent licensed healthcare professionals with open shifts at healthcare facilities across the United States. Leveraging marketplace dynamics and deep industry knowledge, the company is playing a vital role in mitigating America’s healthcare staffing shortages, empowering providers to choose when, where and how much to work, while facilitating direct connections with healthcare facilities. Since its inception, healthcare facilities have posted more than 50 million hours of shifts on ShiftKey, gaining access to a vast talent network of licensed independent healthcare professionals with diverse expertise and specializations to meet their unique staffing needs in the moment. For more information, visit www.ShiftKey.com. Contact Details Curley Company for ShiftKey Lorianne Walker +1 410-688-1330 lorianne@curleycompany.com Company Website https://www.shiftkey.com/

November 03, 2022 10:32 AM Eastern Daylight Time

Venture Capital and Private Equity Continue to Have a Taste for HR and HCM Tech Opportunities

Benzinga

The Surprise: While recession risks have led VCs to press pause on many pandemic favorites, the Human Capital Management (HCM) niche has proven to be the exception. It is a crowded space - over 400 HCM companies set up shop at the 2022 HR Technology Conference in Las Vegas. There's a reason for all the competition. The need for a scientific approach to managing a company's workforce gained steam during the COVID-19 pandemic, leading HR Tech to receive a record amount of VC attention in 2021. Despite all the hype over the past two years, this trend shows signs of staying power. The global HR Tech space is projected to expand at a CAGR of 9.1% through 2029 to $46.85B, which dwarfs the current size of $25.53B. Let’s provide some perspective on Human Capital Management’s dramatic rise in relevancy. HR Tech companies received a 250% increase in VC funding in Q4 2021 compared to Q4 2020. In that final quarter of 2021, VCs poured $11.2B into 212 unique HR Tech startups, which equates to an average deal size of $58.3M. In H1 2022, HR Tech was the beneficiary of $14.2B in funding across 387 deals, which equates to an average deal size of $41M. While the 2022 numbers thus far aren't nearly as eye-popping, context is everything. Recession fears in the U.S. and around the world kicked in during Q4 2021. Officials admitted inflation wasn't transitory. The public accepted the inevitability of higher borrowing costs. The stock market, being a forward-looking indicator, peaked in October of 2021. It's no surprise then that funding slowed from its peak. In fact, as of September 2022, overall VC investment has hit a two-year low. But not all industries feel the effects equally - flows into HR tech are holding up much better than the overall market. The Problem: Stubborn inflation and a fractured employer/employee relationship has put many small to midsize businesses at a crossroads. An American Express survey revealed that while the average small to midsize business enjoyed an 87% increase in revenue from July 2021 to July 2022, that same average also saw profits decrease by 4%. That’s the equivalent of running faster while falling even more behind. It’s easy to settle for top-line growth during a bull market, but downturns are when metrics like profitability and free cash flow become king. While expenses creep up, the expectations gap between employers and employees is also growing wider. As the gap expands, employee productivity, morale, & retention fall. The disconnect between both parties has become so widespread that it led to the coining of the term ‘quiet quitting’, which is an employee consciously doing just enough not to get fired. So while simply cutting costs through a reduced headcount would put a dent in the first problem, it would only exacerbate the second. A more comprehensive approach is needed to ensure a workforce is both happy and efficient. The Solution: Asure allows a small to midsize business to adopt a scientific attitude towards the management of its workforce. Asure Software’s (NASDAQ: ASUR) platform helps small and midsize businesses attract, manage, & retain the right people by automating the boring essentials - payroll, HR, & taxes. By removing administrative tasks from the equation, you free up the team’s day to do what they were hired to do. This streamlined approach saves employers money by reducing unnecessary headcount, and it ensures team members have the time to work on the business rather than just in the business. Let’s share a few examples of how the software is relevant in this climate. The tax laws in this country are more complex than ever. Under the CARES act, the Employee Retention Credit provision incentivized small and midsize businesses to keep employees on the payroll. For every employee spared, the business could receive a tax refund of up to $26,000. While the savings are significant, owners that looked to leverage this provision manually wasted hours navigating the application process. Do I fill out Form 941-X or Form 5884-A? How do I know if my business even qualifies? Am I compliant? Asure's clients didn't have to ask these questions because the company’s in-house experts and streamlining technology help to make the entire filing process smooth and without any time burden or confusion for the business owner. Asure recently integrated Equifax’s (NYSE: EFX) The Work Number technology with its platform to allow for instant verification of employment & income. Before this partnership, employees would have to fill out a verification request ahead of big applications like a mortgage or a car loan. Employers would then manually respond to each one. This Equifax integration eliminates all that back & forth at no extra cost to Asure’s clients. It's easy to miss the latest integrations or to only use a fraction of a software's capabilities. While Asure emphasizes efficiency for its clients, it's a company that believes in a personal touch. Upon subscribing, each client is assigned a dedicated team of Asure specialists in the local area. The implementation and maximization of the platform become significantly easier when help isn't outsourced to a call center. Asure offers its B2B cloud-based software via a subscription model. The company has a laundry list of individual solutions - Performance Tracking, Electronic Onboarding, Workers’ Compensation, you name it. But for small and midsize businesses that want to move beyond the a la carte approach, Asure offers comprehensive payroll & HR plans that bundle a host of services together. Asure has been around since 1985. Over those decades, Asure has earned the trust of 80,000 clients - 95% of which are SMBs. So despite being a company with vast resources, Asure markets itself to the business with say 100 employees. And as that business grows its market share, the software can scale and grow right along with it to serve 1000+ employees without expensive upgrades. As it is publicly traded, Asure is not a target for VC funding. However, VC and PE firms have certainly been active in acquiring HR tech and HCM companies during the recent market downturn. Thoma Bravo is one private equity software firm that has been on an acquisition spree recently. In October 2022 alone, the PE firm acquired ForgeRock (NYSE: FORG), Ping Identity, UserTesting (NYSE: USER) and completed a strategic investment into SMA Technologies. In addition, the strong activity in the industry by institutional investors highlights the underscoring demand is represents an overall “bullish” signal for the industry. Retail investors who believe in the secular shift to Human Capital Management would be wise to do further due diligence into the ticker symbol ASUR. Disclaimer: Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement. All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated five thousand dollars cash for the creation and dissemination of this content by the company. This material does not represent a solicitation to buy or sell any securities. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management. The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings. Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions. Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/ The article “ Venture Capital and Private Equity Continue to Have a Taste for HR and HCM Tech Opportunities ” first appeared on Spotlight Growth. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 03, 2022 10:30 AM Eastern Daylight Time