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Report Identifies Key Opportunities to Improve Current Carbon Efficiency Measures

BSMC

The Blue Sky Maritime Coalition (BSMC) has released a new report today titled “A Perspective on IMO Efficiency Measures: Opportunities for Improvement" which highlights key opportunities to improve current international efficiency measures. “This report is a great example of industry collaborating to find opportunities for improvement and spurring further discussion among key stakeholders. As a member-led organization focused on decarbonizing the maritime industry, BSMC brings together diverse perspectives with the goal of getting to net-zero emissions by 2050, and this report offers another step in that direction,” said David Cummins, BSMC President and CEO. Developed by the Finance, Commercial and Chartering Workstream, the report offers insights on how decisions made by charterers can affect vessel operations, ultimately impacting the efficiency rating of ship owners. The report concludes that more work will be needed to fine tune the existing calculation method and benchmarking. Maritime stakeholders welcome the opportunity to improve vessel operational performance through robust reporting regimes, necessary to consistently measure emissions. To address the issues raised, the report recommends mutual responsibility and obligation by both the charterer and ship owner to reduce emissions. To accomplish this, both parties must have transparent negotiations and data sharing under a new era of chartering contracts where environmental key performance indicators (KPIs) become instrumental to vessel selection criteria and commercial utilization. To read more, download a copy of the report by clicking here. F or more information contact communications@bluesky-maritime.org. Blue Sky Maritime Coalition (the Coalition) a non-profit corporation, is a strategic alliance formed to accelerate the transition of waterborne transportation in Canada and the United States toward net-zero greenhouse gas (GHG) emissions. The Coalition brings together industry, community, government, academic leadership and other stakeholders across the waterborne transportation value chain to action projects that remove barriers to accelerating development, encourage innovation, and promote policies in support of zero emissions. Learn more at www.bluesky-maritime.org. Contact Details Morgan Marketing & Communications Carleen Lyden Walker +1 203-260-0480 c.walker@morganmarketcomm.com

May 18, 2022 08:58 PM Eastern Daylight Time

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Plus One Robotics to Present Parcel Sortation Robot Workflow at Automate Conference 2022

Plus One Robotics

Plus One Robotics, the leading 3D and AI-powered software maker for logistics robotics, will showcase live demonstrations of their revolutionary PickOne technology, which features Yonder, the company’s award-winning remote supervision product, at the Automate Show June 6 – June 9, 2022. Plus One Robotics CEO and founder Erik Nieves will also host a session in the “How to Automate” track on Wednesday, June 8 titled Workforce Development in the Face of Accelerated Automation. Visitors to the Plus One Robotics booth will be able to see a full-scale, in-booth demonstration of warehouse automation with robot-to-AMR picking using the company’s PickOne software alongside Tompkins’ tSort technology. In addition, attendees will also be provided an opportunity to act as a ‘Crew Chief’ and remotely control and command a robot in San Antonio to pick and place using their depalletizing system for random mixed pallets. “Robotics is an ever-changing industry. That’s why I'm excited to bring this powerful combination of vision-equipped robot arms together with AMRs from Tompkins. Our solutions are designed for businesses that need to increase their overall picks per day, thereby achieving higher fulfilment volumes and lower operations costs,” commented Erik Nieves, Plus One Robotics’ CEO and founder. In addition to the live in-booth demonstrations, Nieves will be leading his session on Workforce Development in the Face of Accelerated Automation on Wednesday, June 8 from 11:00 a.m. – 11:45 a.m. as part of the Automate track. Visit Plus One Robotics at booth #4745 from June 6 – June 9, 2022 to learn more about the company’s robot technology that is scaling automation in warehouses. For more information on Plus One’s vision software and robotic automation solutions, please visit www.plusonerobotics.com. About Plus One Robotics, Inc. Plus One Robotics was founded in 2016, with a mission to bring leading-edge 3D and AI vision to industrial robots, enabling hand-eye coordination for material handling in the warehouse. Founded by computer vision and robotics industry veterans, Plus One's novel approach to human/robot collaboration and supervised autonomy ensures fast, accurate, and scalable solutions, with one person able to manage many robots simultaneously. Plus One's customers include logistics and ecommerce leaders in the Fortune 100; the company is headquartered in San Antonio with offices in Boulder and The Netherlands. Visit www.plusonerobotics.com for more information, and follow us on Linkedin, Twitter, YouTube, Facebook and Instagram. Contact Details Jennifer Podkasik +1 630-347-9338 jen@arrowheadcommunications.com Company Website https://plusonerobotics.com/

May 18, 2022 06:31 PM Central Daylight Time

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G Medical Innovations (NASDAQ: GMVD) Provides Update Regarding its Forecast for Q1 2022 Revenues

G Medical Innovations Holdings

Irvine, CA – May 18, 2022 – G Medical Innovations Holdings Ltd. (NASDAQ: GMVD) (the “Company”), today announced that it will not meet its forecast of $30 million in revenues for the first quarter of 2022. While the Company is still working on finalizing most of the revenue figures for the first quarter, the previously reported purchase orders received by the Company from McDade Products, LLC for 6 million co-branded LiveNow COVID-19 PCR Test Collection Kits (approximately $20 million in orders) have not materialized into revenues due to a slowdown of the pandemic in the US during the first quarter. Approximately $6 million of invoices have been submitted for payment, out of which $0.7 million has been received and another batch of claims of approximately $1 million is to be filed for payment. Further, the proposed budget for COVID-19 tests which has not yet been approved by the U.S. Congress creates further uncertainty as to revenue the Company expected to receive and recognize from sales of such tests in its testing centers. The Company plans to announce the final revenues numbers for the first quarter of 2022 as part of its financial results release for the first six months of 2022. The Biden administration has announced that it expects another outbreak of the pandemic as early as this fall with new variants and expects about 100 million patients, which we believe will increase the need for tests. About G Medical Innovations G Medical Innovations Holdings Ltd. is an early commercial stage healthcare company engaged in the development of next generation mHealth and telemedicine solutions and monitoring service platforms. The Company’s solutions and services can empower consumers, patients, and providers to better monitor, manage and improve clinical and personal health outcomes, especially for those who suffer from cardiovascular disease (or CVD), pulmonary disease and diabetes. The Company’s current product lines consist of its Prizma medical device (or Prizma), a clinical grade device that can transform almost any smartphone into a medical monitoring device enabling both healthcare providers and individuals to monitor, manage and share a wide range of vital signs and biometric indicators; its Extended Holter Patch System, a multi-channel patient-worn biosensor that captures electrocardiography (or ECG) data continuously, including its QT Syndrome Prolongation Detection Capabilities Patch. In addition, the Company is developing its Wireless Vital Signs Monitoring System (or VSMS), which is expected to provide full, continuous, and real time monitoring of a wide range of vital signs and biometrics. Its monitoring services include provision of Independent Diagnostic Testing Facility (or IDTF) monitoring services and private monitoring services. Visit https://gmedinnovations.com/. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, the Company is using forward looking statement in this press release when it is providing an update regarding its forecast for first quarter 2022 revenue in connection with the previously reported purchase orders, uncertainty of additional government funding for COVID-19 tests and the belief in an increased need for COVID-19 testing in the future. Because such actions deal with future events and are based on the Company’s current expectations, they are subject to various risks and uncertainties, and actual results, performance, or achievements of the Company could differ materially from those described in or implied by the statements in this press release. The forward looking statements contained or implied in this press release are subject to other risks and uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's Annual Report on Form 20-F for the year ended December 31, 2021 filed with the Securities and Exchange Commission (“SEC”) on April 29, 2022, and in any subsequent filings with the SEC. Except as otherwise required by law, the companies undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Contact Details G Medical Innovations Kobi Ben-Efraim, CFO +972 8-958-4777 service@gmedinnovations.com Company Website https://gmedinnovations.com/

May 18, 2022 04:05 PM Eastern Daylight Time

iTradeNetwork Introduces Machine Learning File Monitoring—A Fresh Take on a Foodservice Data Problem

iTradeNetwork

iTradeNetwork (ITN), the industry’s largest perishables network, proudly announces its new Machine Learning File Monitoring system for Spend Insights— a unique, automated way to provide foodservice operators with the most complete distributor data in the industry. Operators can now devote less time to monitoring and correcting their data, and more time to making key decisions faster and unlocking savings and growth opportunities. How it works Before making any decisions about sourcing, contracting, or rebates, operators need to be confident those choices make financial sense for their business. As a result, foodservice operators face some key questions: “Do I have the best spend data I can get?” and “Can I rely on what I have to make strategic decisions?” Given their size and scope, operators sometimes devote entire teams to answering these questions. A finance or operations team can spend hundreds of hours manually monitoring thousands of incoming files from various distribution centers in order to aggregate data from all of an operator’s units. This process can be unpredictable and error-prone. Without complete visibility into the state and accuracy of their data, operators can’t be sure they have the right information at the right time. With iTrade’s Machine Learning File Monitoring, operators can quickly identify the typical 2-3% of their missing spend —and in a fast-moving industry, the completeness of your data reaps far-reaching financial benefits for your organization. iTrade’s machine learning-based file monitoring goes beyond just determining whether or not a distributor data file has been received. It: Analyzes the number of files expected weekly from individual distribution centers Provides the expected date of file receipt from individual distribution centers Confirms distributor data files have been processed or should have been processed but have not been received Assigns a confidence level to each distribution center based on the machine learning model to give context to decision making In short, it analyzes and interprets incoming distributor data, detects anomalies based on volume and history, flags files requiring additional follow-up, and provides a scorecard for all of the distribution centers providing data to foodservice operators. “This is the first time that the industry has seen something this proactive, complete, and accurate. We are giving you full visibility into your data, so you can quickly and seamlessly identify the files and data that need your attention. We are excited to help our foodservice operator customers redirect their efforts from chasing down data to more productive and value-added activities— and our customers are excited too,” comments Wills McMahon, Director of Product Management, iTradeNetwork. Machine learning-based file monitoring for Spend Insights is available now to all foodservice operators. About iTradeNetwork iTradeNetwork, Inc. is the leading global provider of supply chain management solutions for the food and beverage industry. Built upon deep industry expertise, a rich data foundation and the industries’ most extensive trading partner network, iTradeNetwork’s collaborative solutions allow distributors, manufacturers, operators, retailers, suppliers, and wholesalers of all sizes to reduce cost, grow revenue, and strengthen trading partner relationships. Today, iTradeNetwork’s growing customer list includes thousands of global companies. For more information, visit: www.itradenetwork.com. Contact Details iTradeNetwork Media Contact +1 925-660-1100 sales@itradenetwork.com Company Website https://www.itradenetwork.com

May 18, 2022 09:00 AM Pacific Daylight Time

Velocity Global raises $400M in Series B growth round

Velocity Global

Eldridge and Norwest Venture Partners lead funding round Achieves multi-billion dollar valuation, a 7x increase in one year Investment boosts the company’s Global Work Platform™ that enables businesses and talent to work with anyone, anywhere, anyhow Velocity Global, the leading provider of global talent solutions, announced today that it raised $400 million in its Series B funding round, increasing the company’s valuation seven-fold since the same time last year. This second round of funding is led by Eldridge and Norwest Venture Partners which join Series A investor FFL Partners on Velocity Global’s board to lend their deep expertise in the areas of technology, future of work and global scale. The company retains majority ownership and founder Ben Wright continues as CEO and chair of the board of directors. “This is a pivotal moment for our company in the midst of a paradigm shift for employers and talent,” said Wright. “Access to work is no longer limited by borders or the star you are born under as the adoption of global talent accelerates. In March, we tripled the number of new supported talent on our platform compared to the same time last year, and the momentum continues to build. Eldridge and Norwest Venture Partners join FFL Partners to invest in people’s lives and the future of business. Massive kudos to our team for this achievement on our way to even greater heights.” Profitable since its founding in 2014, Velocity Global more than doubled its client roster over the past year, tripled the number of new supported talent on its platform, and will reach an annual net revenue run rate of $200 million by midyear as it continues to scale rapidly. “Velocity Global’s proven technology platform is positioned to transform the future of work, offering businesses a frictionless solution for building and expanding their teams,” said Todd Boehly, co-founder and CEO of Eldridge. “We are proud to partner with Ben and his team as demand continues to grow for best-in-class workforce solutions that support organizations looking to scale across the globe.” Parker Barrile, partner at Norwest Venture Partners, joins the Velocity Global board as a director. Barrile is the former vice president of product at LinkedIn who oversaw 20-fold growth as the company went public. “Velocity Global has a rare mix of scale, growth, and profitability that attracted us to be part of the next phase,” said Barrile. “The company is led by a strong leadership team with an ambitious roadmap, and we look forward to partnering with them as they accelerate the future of work.” The company’s Global Work Platform™ seamlessly connects employers and talent worldwide through proprietary cloud-based talent management technology, personalized expertise, and unmatched global scale. The platform offers a full suite of talent solutions, including global Employer of Record (EoR) and Contractor Management, to help thousands of companies compliantly onboard, manage, and pay full-time and part-time talent, contractors, and freelancers in more than 185 countries and all 50 United States. Velocity Global serves more than 1,200 clients and over 7,000 supported employees worldwide. The Velocity Global team is more than 700 employees strong in 47 countries across six continents with plans to more than double the number of employees by the end of the year. In 2021, the company successfully completed acquisitions of iWorkGlobal and Shield GEO that added capabilities to its Global Work Platform. Velocity Global will use the funds to continue enhancing the customer experience for both businesses and talent. The company will make further strategic investments in technology, sales and marketing, as well as potential future acquisitions to execute on its vision to provide a frictionless solution for businesses and talent to work with anyone, anywhere, anyhow. FT Partners served as exclusive strategic and financial advisor to Velocity Global on this transaction. About Velocity Global Velocity Global accelerates the future of work for anyone, anywhere, anyhow. Its Global Work Platform™ simplifies the employer and talent experience through its proprietary cloud-based talent management technology, backed by personalized expertise and unmatched global scale. The platform offers a full suite of talent solutions, including global Employer of Record and Contractor Management, to help companies onboard, manage, and pay talent in more than 185 countries and all 50 United States. Thousands of brands rely on Velocity Global to build international teams without the cost or complexity of setting up foreign legal entities or state registrations. Velocity Global was named a "Leader" in Global Employer of Record Services by prominent analyst firm NelsonHall. Founded in 2014, the company has hundreds of employees across six continents. For more information, visit velocityglobal.com. About Eldridge Eldridge invests in businesses across the Insurance, Asset Management, Technology, Mobility, Sports & Gaming, Media & Music, Real Estate, and Consumer landscapes. The firm seeks to build and grow businesses led by proven management teams that have demonstrated leadership and experience to scale an enterprise. Eldridge is headquartered in Greenwich, Connecticut, with additional offices in Beverly Hills, New York, and London. To learn more about Eldridge, please visit www.eldridge.com. About Norwest Venture Partners Norwest is a leading venture and growth equity investment firm managing more than $12.5 billion in capital. Since its inception, Norwest has invested in more than 650 companies and currently partners with more than 200 companies in its venture and growth equity portfolio. The firm invests in early- to late-stage businesses across a wide range of sectors with a focus on consumer, enterprise and healthcare. The Norwest team offers a deep network of connections, operating experience, and a wide range of impactful services to help CEOs and founders scale their businesses. Norwest has offices in Palo Alto and San Francisco, with subsidiaries in India and Israel. For more information, please visit www.nvp.com. Follow Norwest on Twitter @NorwestVP. Contact Details Corporate Communications Anja Koltes +1 720-650-4348 news@velocityglobal.com Eldridge Nadia Damouni +1 212-518-8012 ndamouni@prosek.com Norwest Venture Partners Kate Dishaw +1 650-321-8000 kdishaw@nvp.com Company Website https://velocityglobal.com/

May 18, 2022 07:01 AM Mountain Daylight Time

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Built In Honors VTS Among the 2022 Best Places To Work Awards

VTS

Built In today announced that VTS was honored in its 2022 Best Places To Work awards. Specifically, commercial real estate’s leading leasing, marketing, asset management, and tenant experience platform, earned a place on the Best Large Companies To Work For In New York City and Chicago lists, as well as the Best Mid-Sized Companies To Work For In Austin list. The annual awards program includes companies of all sizes, from startups to enterprise, and honors both remote-first employers as well as companies in the eight largest tech markets across the United States. VTS ranked 67th in the Best Large Companies In New York City category, 61st for the Best Large Companies In Chicago, and 74th for the Best Mid-Sized Companies in Austin. “We are thrilled to be recognized by Built In as one of the best places to work in three major markets this year,” said VTS’ CEO Nick Romito. “As VTS continues to expand across the globe, these accolades are a true testament to our dedication to the culture we’ve built, maintained, and continue to grow. We aim to be a diverse, equitable, and inclusive workplace that our employees truly enjoy working for — in-person and virtually — and we are incredibly proud of the community we’ve created. Thank you to Built In for this honor, and to our employees for bringing our vision to life.” Built In determines the winners based on an algorithm, using company data surrounding compensation, benefits, and company-wide programming. To reflect benefits candidates are searching for on Built In, the program weighs criteria like remote and flexible work opportunities, programs for DEI, as well as other people-first cultural offerings. “It is my honor to extend congratulations to the 2022 Best Places to Work winners,” shared Sheridan Orr as Chief Marketing Officer and Board Advisor for Built In. “This year saw a record number of entrants — and the past two years fundamentally changed what tech professionals want from work. These honores have risen to the challenge, evolving to deliver employee experiences that provide the meaning and purpose today’s tech professionals seek.” ABOUT BUILT IN: Built In is creating the largest platform for technology professionals globally. Monthly, more than three million of the industry's most in-demand professionals visit the site from across the world. They rely on our platform to stay ahead of tech trends and news, develop their careers and find opportunities at companies whose values they share. Built In also serves 1,800 innovative companies of all sizes, ranging from startups to the Fortune 100. By putting their stories in front of our uniquely engaged audience, we help them hire otherwise hard-to-reach tech professionals, locally, nationally or remotely. www.builtin.com ABOUT BUILT IN'S BEST PLACES TO WORK: Built In's esteemed Best Places to Work Awards, now in its fourth year, honor companies across numerous categories: 100 Best Places to Work, 50 Best Small Places to Work, 100 Best Midsize Places to Work, 50 Companies with the Best Benefits and 50 Best Paying Companies, 100 Best Large Companies to Work For, and 100 Best Remote-First Places to Work. ABOUT VTS: VTS is the commercial real estate industry's leading technology platform that transforms how strategic decisions are made and executed across the asset lifecycle. In 2013, VTS revolutionized the commercial real estate industry's leasing operations with what is now VTS Lease. Today, the VTS Platform is the largest first-party data source in the industry and delivers data insights and solutions for everyone in commercial real estate to fuel their investment and asset strategy, leasing and marketing automation, property operations, and tenant experience. With the VTS Platform, consisting of VTS Data, VTS Market, VTS Rise, and VTS Lease, every business stakeholder in commercial real estate is given the real-time market information and executional capabilities to do their job with unparalleled speed and intelligence. VTS is the global leader with more than 60% of Class A office space in the U.S., and 12 billion square feet of office, retail, and industrial space is managed through our platform globally. VTS' user base includes over 45,000 CRE professionals and industry-leading customers such as Blackstone, Brookfield Properties, LaSalle Investment Management, Hines, Boston Properties, Oxford Properties, JLL, and CBRE. To learn more about VTS, and to see our open roles, visit www.vts.com. Contact Details Marino PR Elise Szwajkowski +1 212-402-3495 eszwajkowski@marinopr.com Company Website https://www.vts.com/

May 18, 2022 09:00 AM Eastern Daylight Time

Venture-Backed Home Buying Offer Platform, Doorsey, Enters Nashville

Doorsey

Doorsey —the leading online platform set to redefine the home buying offer process—today announced the completion of its second single family home sale in Tennessee, marking its foray into the market. Founded in 2021, Doorsey’s mission is to provide buyers, sellers and agents an offer platform and process leveling the playing field by eliminating traditional “blind offers” – ensuring parties know what it takes to win. “2022 has been an exciting year for Doorsey to say the least, as our team remains laser-focused on taking all of the guesswork out of one of life’s largest and most important decisions,” shared Jordan Allen, the CEO and Co-Founder of Doorsey. “We are extremely thrilled to team up with Ashton Real Estate Group’s phenomenal team of agents to continue to meaningfully expand our national reach - ensuring key lasting change within the home buying industry.” Doorsey’s Nashville market sales thus far include 104 Sunnyhill Trail in White House & 1104 Watermark Way in Mt. Juliet. “Our mission has always been to advise our clients with market-leading intel. Once Jordan and his team came on our radar, it was a given their platform would only further equip our agents to not only integrate further efficiencies into the process, but maximize results,” said Gary Ashton, Broker/Owner of Ashton Real Estate Group, RE/MAX Advantage. Since its inception, Doorsey has been committed to working directly with local real estate communities to build and evolve the platform so that it best meets—and evolves alongside—each market’s buyers, sellers & their agents' needs. Founded by entrepreneurs Allen, Nick McLain, and Matt Melville, Doorsey’s mission is to provide buyers, sellers and agents an offer platform and process where they can view all aspects of the process in real-time, under pre-accepted terms. It enables prospective buyers to know exactly where they stand and what it will take to win. Sellers are able to set a minimum price to protect their bottom line, and buyers can make confident offers thanks to next-level listings inclusive of virtual tours, neutral third-party inspection reports, disclosures as well as 100 up-to-date, accurate photos. In addition, each listing has an active community forum, where agents, building professionals, and sellers can come together with buyers to share expertise and answer inquiries on all properties, repairs, upgrades, and neighborhoods. Doorsey is backed by notable names including 166 2nd Financial Services, Agya Ventures, Liquid 2 Ventures, SRM Development & Sam Parr. Founded out of frustration for the antiquated home buying process, it’s currently available in Atlanta, Austin, San Francisco, Jacksonville, San Diego, & Spokane. It aims to expand into a dozen more markets by EOY 2022. About Doorsey: Doorsey is today’s state-of-the-art Software-as-a-Service (SaaS) platform designed to improve the home buying and selling offer process. Founded in early-2021 by Jordan Allen, Nick McLain, and Matt Melville, Doorsey’s mission is to advance the new tech-enabled era for residential real estate, providing buyers, sellers, and their agents full transparency throughout the offer process. Doorsey’s investors include notable names such as 166 2nd Financial Services, Agya Ventures, Liquid 2 Ventures, SRM Development, Sam Parr and Francis Davidson. To learn more, visit https://www.doorsey.com. About The Ashton Real Estate Group of RE/MAX Advantage: The Ashton Real Estate Group of RE/MAX Advantage is a locally owned and operated full-service real estate brokerage located in Nashville, Tenn. Founded in 2015, the brokerage has 180 agents and specializes in residential and commercial real estate. The Ashton Real Estate Group of RE/MAX Advantage is a proud supporter of Children's Miracle Network Hospitals® and the official real estate team for the Nashville Predators. For more information, visit NashvillesMLS.com. Contact Details Marino PR Elise Szwajkowski +1 212-402-3495 eszwajkowski@marinopr.com RE/MAX Amy Wilczynski +1 586-945-1250 amywpr@gmail.com Company Website https://www.doorsey.com/

May 17, 2022 03:00 PM Eastern Daylight Time

Pencil partners with BigCommerce & Meta to bring AI-generated ads to ecommerce merchants

Pencil

Creative AI company Pencil has partnered with new-era ecommerce platform BigCommerce to provide their merchants with the latest innovation in online advertising for ecommerce, AI-generated ads. Rather than spending hours in video editing software or engaging expensive professional agencies, BigCommerce merchants can now generate original video ads to pitch their businesses in just a few clicks. Furthermore, AI-generated ads trained using data from advertisers’ Meta ad accounts via the Meta Marketing API have been shown to consistently double return on ad spend for brands and halve customer acquisition costs. BigCommerce merchants using Pencil’s AI-generated ads will be able to discover new audiences on Meta’s platforms and grow their businesses faster. Matt Dornfeld, Director of Business Development at BigCommerce commented: “As part of our mission to help merchants sell more at every stage of growth, we are delighted to welcome Pencil into our partner ecosystem. We’ve seen that ecommerce marketers across the board know that great advertising creative is an important lever to growing their businesses. We’ve also seen that they consistently find it challenging to execute at scale. We are therefore excited to see Pencil offer BigCommerce merchants powerful AI tools to generate ad creative, thus unblocking a key driver of sales growth.” Pencil’s AI-generated ads work because they prioritize both creativity and data. When a merchant connects their BigCommerce store, Pencil analyzes their brand and product information and generates a wide variety of ad ideas to pitch their products. When a merchant then connects their Meta advertising data, Pencil compares the newly generated ideas to what’s worked well in the past. Those ideas similar to past winners are highlighted to the merchant. In this way Pencil helps merchants learn what works while continuously exploring fresh new creative ideas that might resonate with audiences. Pencil analyzed over 100 ecommerce campaigns that used AI-generated ads and found the best ads delivered an average return on ad spend (ROAS) 2x that of other ads the brands were running. One brand’s AI-generated ad campaign delivered 7x higher ROAS. Will Hanschell, CEO and co-founder of Pencil commented: “BigCommerce is an incredibly innovative ecommerce platform used by major midmarket and enterprise brands around the world. This direct integration removes one of the biggest frictions they experience - turning the product images and videos in their stores into ads that deliver sales. We are very excited to partner with BigCommerce to further enable brands to build their businesses online.” This partnership announcement comes hot on the heels of Pencil joining Meta’s Business Partners, a program that connects businesses to an ecosystem of advertising specialists. More than 200 million businesses worldwide use Meta’s apps to connect with customers and grow, and over 10 million of them run advertising campaigns each month. Pencil leverages proprietary technology to generate video, derive insights and make predictions, as well as integrating the OpenAI API to generate ad copy. The OpenAI API provides access to GPT-3, one of the world’s most powerful language models. Its use requires strict criteria in AI safety and ethics. About Pencil Pencil is a Creative AI company on a mission to generate unexpected ideas that get results. Pencil generates ads that learn to perform, delivering the return on ad spend that helps brands scale their businesses. Pencil’s AI-generated ads are a new way of making ads that algorithmically optimise for creative novelty, brand relevance and return on advertising spend. It always starts from a human brief and it always involves total human editorial control. Pencil’s Creative AI platform generates ads in minutes and has been shown to double returns for brands. Pencil was founded in 2018 with a team from Google, Meta and Uber and is backed by Sequoia Capital India’s Surge, Wavemaker Partners, Singapore Innovate and Entrepreneur First. For further information visit: https://www.trypencil.com About BigCommerce BigCommerce (Nasdaq: BIGC) is a leading open software-as-a-service (SaaS) ecommerce platform that empowers merchants of all sizes to build, innovate and grow their businesses online. BigCommerce provides merchants sophisticated enterprise-grade functionality, customization and performance with simplicity and ease-of-use. Tens of thousands of B2C and B2B companies across 150 countries and numerous industries use BigCommerce to create beautiful, engaging online stores, including Ben & Jerry’s, Molton Brown, S.C. Johnson, Skullcandy, SoloStove, Ted Baker and Vodafone. Headquartered in Austin, BigCommerce has offices in London, Kyiv, San Francisco, and Sydney. For more information, please visit https://www.bigcommerce.com or follow us on Twitter, LinkedIn, Instagram and Facebook. About Meta Business Partners Meta Business Partners are companies Meta has vetted for their expertise. They have the experience to help grow advertisers’ business – from running ads, to selling products, to engaging with customers. For more information visit: https://www.facebook.com/business/marketing-partners Contact Details Pencil Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.trypencil.com/

May 17, 2022 09:00 AM Pacific Daylight Time

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Verità Announces Acquisition of Nomad Tower Services LLC and $6 Million Investment in New Facility

Verità Telecommunications Corporation

Verità Telecommunications has acquired Nomad Tower Services LLC in Romulus, Michigan. Nomad executes a full range of microwave and cellular network deployment services in Michigan and the Midwest states. Moving forward, Nomad Tower Services, LLC. will operate as a division of Verità. Along with the purchase of Nomad, Verità is moving ahead with a $6 million dollar investment in a new facility in Wayne County. The move directly aligns with Verità’s mission to support the growing needs of the Great Lakes and Midwest States that will ultimately bridge the digital divide. Verità has planned a $6-million investment at a 10-acre site that will include a 40,000 -60,000 sq. ft. facility to support the company’s continued growth and advancement. The acquisition of Nomad Tower Services LLC. extends Verità’s offerings by adding turnkey tower services and an additional 10 crews to keep Verità on-track for building the infrastructure for reliable internet access throughout the Great Lake states and Midwestern states. With the addition of Nomad Tower Services LLC., Verità is now a full spectrum telecom company, providing customers with a full suite of services from design to final tower implementation. “The next 2 years we are growing our crews from 6 to 16 for this initiative, upgrading existing towers, 5G network and building new towers. A growing work force includes 10 additional teams, that equate to 50 new employees, working to a common goal of bridging the digital divide.” added Verità President, Michael Falsetti. “Verità will provide a single-source solution and differentiating advantage to our clients, carriers; AT&T, Verizon, T-Mobile and Dish, getting them into the market ahead of the competition and ultimately a part of the solution for the digital divide”, says President, Michael Falsetti. Verità is projecting an increase of revenue from $10 million to $25 million in this division with a forecast of $100 million for next year. The expansion advances the opportunity for economic growth in Wayne County, as well as Verità’s service offerings. The integration of services and talent fuel the vision for this major initiative with various carriers to build out their sites with 5G, including the rural areas throughout the decade to provide meaningful internet connectivity. The larger team and turnkey addition of services provides flexibility that supports growth and development creating job diversity, employee advancement and career opportunities. “We take pride in providing a culture that supports relationships and becoming a part of Verità as a family-oriented business. We put relationships first and value personal relationships with our team and customers. We are excited to be a part of Verità’s extended family” said Kylar Damon, Nomad Tower President. The Verità Way will chart a course for our clients and employee advancement and success. “Together we will build meaningful connectivity through access to reliable internet while supporting job growth in the Great Lakes States with a career that can advance with Technology.” About Verità Telecommunications Corporation Plymouth, Michigan-based Verità Corporation is a turnkey telecommunications contractor offering a one-stop-shop for design and construction of telecommunications networks. Verità provides tomorrow’s communications infrastructure today. Learn more about The Verità Way™ in thought, action, and operation at veritacorp.com. Contact Details Douglas Marketing Group Kay Douglas +1 248-940-8004 kdouglas@experiencedmg.com Amanda Iera +1 313-571-1858 aiera@experiencedmg.com Company Website https://veritacorp.com/

May 17, 2022 11:56 AM Eastern Daylight Time

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