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TCM Digital Announces New Board of Advisors

TCM Digital

TCM Digital announced today it has established a new Board of Advisors, bolstering the company’s accomplished executive team with outstanding experience, expertise and guidance. The new advisors to TCM will leverage their collective skills and specialties to provide counsel and direction during the next stage of growth and development for the company. TCM is a fast-growing, tech-first eCommerce aggregator that stands out by harnessing powerful AI and ML technology to achieve unmatched predictive analysis and financial performance of online stores. TCM’s founding advisory board members include seasoned private equity investor and business executive Erik Levy; accomplished internet and media entrepreneur and global business/government connector Jared Carney; well-recognized U.S. relationship builder and cultivator Cyrus Walker; startup investor and governance expert David Bree; and serial entrepreneur, investor, board member and attorney-at-law Omer Granit. “This is truly a rock-star supergroup with whom we are lucky to build our new advisory board, board,” said TCM Digital’s CEO and co-founder Gabi Bar. “I expect their fresh perspectives and incredibly diverse and relevant backgrounds will positively impact TCM’s strategies and operational decisions going forward as we enter our next phase of growth and market impact.” The inaugural TCM Digital Board of Advisors includes: Jared Carney is the Vice-Chairman of McKinley Capital Management’s Board of Directors and actively involved in the firm’s product development and sales and marketing initiatives. Mr. Carney also founded Lightdale, a global holding and strategic advisory firm as the natural evolution of a career spent building companies and relentlessly forging partnerships with business leaders, influential philanthropists, and government officials across the globe. He served as Chief Strategy & Marketing Officer at the Milken Institute working closely with its Chairman, Michael Milken and was senior advisor of Knowledge Universe Education Holdings. Previously, Mr. Carney was a pioneer in the Internet/high-tech, and media industries where he successfully founded, launched, or helped build disruptive companies and technologies which he helped steer to successful exits. He sits on a number of boards, including The Arctic Circle, was the co-founder of the Arctic Maritime Exchange and founded the California Fund. Erik Levy is an experienced private equity investor and business executive with significant experience investing across technology and healthcare businesses. Mr. Levy was a founder of some of the world's largest Private Equity platforms, most recently as Managing Director and founding member of BlackRock's Direct Private Equity fund, Long Term Private Capital. Mr. Levy was previously with CPP Investments, where he was a founding member of the Direct Private Equity group and helped the firm become one of the largest and most active investors globally. Erik has served on the boards of numerous companies including Skype, Informatica Corporation, Kinetic Concepts (KCI), Acelity, Suddenlink Communications and Altice USA. Erik began his career with Mercer and then Bain & Co. He received an MBA from the University of Toronto and a BSc in Actuarial Mathematics from Concordia University. Cyrus Walker is the founder and CEO of The Dibble Group, a national insurance brokerage and consulting firm. Mr. Walker is well regarded throughout the industry as a relationship builder and cultivator. He has been recognized by industry and global leaders as a thoughtful, proactive partner to businesses. He was previously the Co-CEO of Nemco Group LLC, a provider of insurance and employee benefits consulting services, as well as the CEO and founder of OSI Benefits Inc., an insurance consulting firm. Mr. Walker is also a current board director of global investment bank Houlihan Lokey, Inc. and APi Group Corp., a publicly traded provider of commercial life safety and specialty solutions and services. Mr. Walker holds a B.A. in Political Economy from Colorado College. Mr. Walker previously served on the board of advisors of NFP Corp., a leading insurance brokerage and consulting firm, and Opportunity Systems, Inc., a privately held data processing firm. David Bree is a startup investor and former Managing Director and shareholder of DMS Governance Ltd. (now Waystone), a global leader in fund governance. During his 18 years at DMS, Mr. Bree served on the board of some of the largest and most prestigious hedge funds in the world. He retired from DMS Governance Ltd. in 2020 following the sale of his interests in the firm. In addition to his ownership of DMS Governance Ltd., Mr. Bree and his related entities were significant shareholders of affiliated operations in insurance, real estate, banking, and broadcasting in the Cayman Islands. Mr. Bree graduated from New York University with a B.S. Accounting degree. After a career as a practicing attorney-at-law at the offices of White & Case in New York City, Omer Granit pivoted to finance, managing a multimillion-dollar family office in London and serving in roles including international investments, business development, M&A and the structuring of new products and services at Migdal Capital Markets, one of Israel's leading financial services firms. He is the founder and former CEO of Mixer Global (a high end co-working brand) and the managing partner and founder of West 4 Capital a leading hedge fund in the income generating real-estate space. Mr. Granit currently serves as a partner at Infinity VC. Mr. Granit previous positions include serving a board director of Balkan Energy Investments, Monte Rosa Private Equity Fund, The Dragon Variation Fund, and the MGT hedge fund. Mr. Granit earned a degree in finance and LLB from Reichman University and LLM (masters) degrees in law from New York University School of Law where he was Valedictorian. Technology Commerce Management (TCM) delivers the eCommerce aggregator industry’s first predictive, AI-driven eCommerce performance optimization. Using a combination of big data, artificial intelligence (AI) and machine learning (ML), TCM identifies, qualifies, acquires and optimizes eCommerce businesses with the highest empirical probability of maximizing wealth creation and ROI for all stakeholders. Founded in 2016 and based in Israel, TCM now operates eCommerce businesses on Amazon, Shopify, eBay, Walmart, Wayfair, WooCommerce and more. Learn more about TCM at www.tcmdigital.com and follow TCM on LinkedIn, Facebook, Twitter and YouTube. TCM has engaged Castle Placement, LLC as its exclusive placement agent to raise capital for its eCommerce aggregator platform, and is seeking +/-$104 million to acquire more great brands focused in the U.S. Learn more at https://castleplacement.com/portfolio/tcm/. Contact Details Steve Schuster +1 508-868-5892 steve@rainierco.com Company Website https://tcmdigital.com/

March 08, 2022 08:05 AM Eastern Standard Time

SullivanCotter Partners with Paradigm for Parity® to Champion Gender Equality in Corporate Leadership Positions

SullivanCotter

SullivanCotter, the nation’s leading independent consulting firm in the assessment and development of total rewards programs, workforce solutions, and technology and data products for the health care industry and not-for-profit sector, is pleased to announce its commitment to achieving gender parity within the firm’s executive leadership team by 2030. “Ensuring an equitable and inclusive workforce has long been a cornerstone of SullivanCotter’s mission, vision and values. As a member of the Paradigm for Parity ® movement, we are reinforcing our commitment to actively closing the gender gap by enhancing female representation and ensuring women of all cultures, races and backgrounds are able to thrive and advance within our firm,” said Ted Chien, President and CEO, SullivanCotter. By implementing the Paradigm for Parity ® 5-Point Action Plan, SullivanCotter is part of a coalition of companies dedicated to promoting gender equality through the minimization or elimination of unconscious bias in the workplace. The plan calls for members to accelerate the pace of change by significantly increasing the number of women in senior operating roles to 30% in the near-term, measuring targets and maintaining accountability by providing regular progress reports, basing career progress on business results and performance, and providing sponsors, not just mentors, to help position women leaders for long-term success. "Paradigm for Parity ® is excited to welcome SullivanCotter to our coalition of companies working to close the corporate leadership gender gap for women of all races, cultures and backgrounds," said Sandra Quince, CEO, Paradigm for Parity ®. "Using our Paradigm for Parity ® Toolkit and 5-Point Action Plan, companies can act on their commitments to gender parity and accelerate the advancement of women into leadership positions. We applaud SullivanCotter’s dedication to diversity, equity and inclusion to achieve gender parity in corporate leadership." SullivanCotter’s Women’s Council, a group formed to raise awareness of women’s experiences and promote a workplace culture of balance and inclusivity, will help to identify opportunities and recommend initiatives designed to support the Paradigm for Parity ® Roadmap as the firm moves forward with its pledge. About the Paradigm for Parity ® Movement The Paradigm for Parity ® coalition is comprised of CEOs, senior executives, founders, board members and business academics who are committed to achieving a new norm in corporate leadership: one in which women and men have equal power, status, and opportunity. The coalition created the Paradigm for Parity ® 5-Point Action Plan for corporations to accelerate the pace of gender equity in senior executive roles. This unique agenda defines bold and specific actions that, taken together and simultaneously implemented as a package, will catalyze change and enable today’s business executives to secure the best leaders of tomorrow. Visit www.paradigm4parity.com or follow us on Twitter using @p4parity to learn more about this exciting initiative. About SullivanCotter SullivanCotter partners with health care and other not-for-profit organizations to understand what drives performance and improve outcomes through the development and implementation of integrated workforce strategies. Using our time-tested methodologies and industry-leading research and information, we provide data-driven insights, expertise, data and technology products to help organizations align business strategy and performance objectives – enabling our clients to deliver on their mission, vision and values. About SullivanCotter SullivanCotter partners with health care and other not-for-profit organizations to understand what drives performance and improve outcomes through the development and implementation of integrated workforce strategies. Using our time-tested methodologies and industry-leading research and information, we provide data-driven insights, expertise, data and technology products to help organizations align business strategy and performance objectives – enabling our clients to deliver on their mission, vision and values. Contact Details Becky Lorentz +1 314-414-3719 beckylorentz@sullivancotter.com Company Website https://sullivancotter.com

March 08, 2022 07:00 AM Central Standard Time

TCM Propels NinjaInfluence into Cryptocurrencies with Newly Added Internal Payment Capabilities

TCM Digital

Influencer marketing platform NinjaInfluence announced new feature updates adding key competitive advantages for online marketers and eCommerce business. NinjaInfluence’s powerful proprietary technology identifies and connects with over a hundred million social media influencers to discover and connect with the ones that most precisely reach each business’ specifically targeted customers. Newly added features to NinjaInfluence include: Internal payments – the ability to pay influencers from inside the NinjaInfluence platform Related profiles recommendation engine – helps users find wider range of relevant influencers Consolidated CRM-like workspace – single dashboard view for influencer management “These new features provide even more power to our customers, giving them all the speed, accuracy and agility they need so they never get left behind in the high-velocity world of influencer marketing,” said NinjaInfluence CEO Gabi Bar. “The NinjaInfluence platform continues to bring the most advanced, data-driven technologies available to help eCommerce brands find new customers and grow sales.” NinjaInfluence’s new internal payments feature, facilitates flexible and direct payments to influencers from inside the platform itself. NinjaInfluence payment capabilities now include wallet-to-wallet, credit card and ACH transfers, and most significantly, a variety of cryptocurrencies as a way to speed payments, avoid multiple banking systems, encourage followers and save banking fees. “This is crucial because influencers are known early adopters of cryptocurrency,” said Bar. “A majority are known to already own cryptocurrency, and most are rapidly becoming enthusiastic about being paid in cryptocurrency for their content creation.” Additional new features include NinjaInfluence’s AI and ML based profile recommendation engine that allows users to identify additional relevant influencers based on other influencers they search for and interact with. Because NinjaInfluence is constantly scraping to add new influencers, the system provides unprecedented exposure and engagement for eCommerce businesses. Finally, NinjaInfluence has added a unified workspace with CRM-like functionality that allows influencer marketing managers to control all communication, payments, campaigns, tracking and coupons related to an influencer from a single-page dashboard. The added convenience takes NinjaInfluence’s utility and efficacy to a new level. About NinjaInfluence NinjaInfluence streamlines the process of developing and executing influencer marketing campaigns that secure product reviews and endorsements on trending social media outlets, including, Instagram, TikTok, YouTube and others. Scalable and effective through its use of powerful big data technology, NinjaInfluence searches through millions of contacts to intelligently identify qualified influencer leads, and enable the launch of influencer campaigns with traceable ROI. For more information, a free trial or to subscribe to NinjaInfluence, visit https://NinjaInfluence.com/. Technology Commerce Management (TCM) delivers the eCommerce aggregator industry’s first predictive, AI-driven eCommerce performance optimization. Using a combination of big data, artificial intelligence (AI) and machine learning (ML), TCM identifies, qualifies, acquires and optimizes eCommerce businesses with the highest empirical probability of maximizing wealth creation and ROI for all stakeholders. Founded in 2016 and based in Israel, TCM now operates eCommerce businesses on Amazon, Shopify, eBay, Walmart, Wayfair, WooCommerce and more. Learn more about TCM at www.tcmdigital.com and follow TCM on LinkedIn, Facebook, Twitter and YouTube. TCM has engaged Castle Placement, LLC as its exclusive placement agent to raise capital for its eCommerce aggregator platform, and is seeking +/-$104 million to acquire more great brands focused in the U.S. Learn more at https://castleplacement.com/portfolio/tcm/. Contact Details Steve Schuster +1 508-868-5892 steve@rainierco.com Company Website https://tcmdigital.com/

March 08, 2022 08:00 AM Eastern Standard Time

OPPO Find X5 Pro's ultra night video mode empowers the story of Joana Pastrana

OPPO

SHENZHEN, CHINA - Media OutReach - 8 March 2022 - OPPO celebrates International Women's Day in collaboration with Director Laura Sisteró to produce the story of Joana Pastrana, who is a world-class boxer and held the International Boxing Federation's mini-flyweight title for three years in a row. Her achievements were hard won through training and self-betterment. Joana Pastrana represents the spirit of OPPO's Save the Night initiative, which celebrates the empowerment of women who find they have to push harder and train longer in a world that can seem out of sync with their ambitions. (Shot on Find X5 Pro) A story of empowerment Joana Pastrana's story is told in a short film made in association with OPPO, directed by Laura Sisteró, and shot in part using the new OPPO Find X5 Pro. It shows what the night can be if we choose to make it so: "In the dark, I just saw an opportunity. While everyone went back home to rest, I was ready to chase my dream," says Pastrana. For her, the night was a time to work, and push harder. Competing in a male-dominated sport only made her self-empowerment more crucial. "I didn't see many women up there," says Pastrana. "I had to become my own role model. And from then on, I never stopped. I trained harder and harder. This was the only way to achieve my goals", she says. After three years of competing in the amateur circuit, Pastrana made her professional debut in 2016. At the time she was the only professional boxer in Madrid. By the middle of 2018 she was already a global champion in her weight class. Pastrana is an inspirational figure, an example of what self-motivation through empowerment can bring. Few could, or would even want to, box at a professional level. However, her words can inspire us all. She says, "the night can be the time to dream wide awake." It's a reminder that while dreams and aspirations may seem remote, they may be within reach. This is a sentiment worth celebrating. (Shot on Find X5 Pro) Behind the camera The aim of OPPO's Joana Pastrana short film was to offer a view into her world. She walks through the empty city streets at night towards her boxing gym, capturing images with the OPPO Find X5 Pro. She straps up her wrists and takes to the ring to train. As she sits at the end of the session, exhausted, Pastrana visualizes the match to come, when all her efforts will be put to the test. The film-making challenge was to capture the emotional and physical investment here in a 90-second format. Director Laura Sisteró's tools were the industry standard Arri Alexa camera and a less likely partner, the OPPO Find X5 Pro. OPPO Find X5 Pro can be the night companion. Its camera is optimized to produce stunning results, for stills or video, even in the most challenging lighting. An OPPO Find X5 Pro will record night-time memories, challenges, victories and defeats, which can form an important part of a motivational journey. The phone was put to the test in the shooting of this short film, used to film some of the more difficult scenes in the piece. The phone used by Pastrana to visually narrate her journey through the street in photo form. Shots of Pastrana training both in and outside the ring used the OPPO Find X5 Pro's Ultra Night Video mode. This marks a paradigm shift in the video quality of OPPO phones, bringing the quality associated with enhanced low-light stills to moving images. "I was quite surprised by the capabilities the phone has to take pictures at night," says director Laura Sisteró. A tapestry of software and hardware in the OPPO Find X5 Pro makes this a reality. Its wide and ultra-wide cameras use large, high-quality Sony IMX766 sensors. 5-axis OIS avoids motion blur and allows for longer shutter speeds, and OPPO's self-developed MariSilicon X NPU fine tunes the camera's advanced processing algorithms to suit each shooting situation. To create a night-time short film with the OPPO Find X5 Pro, take some of the creative choices made in the short film as inspiration. Note how Pastrana is not the only character here. The quiet atmosphere of the streets is brought into focus by the use of Pastrana's footsteps as the primary soundtrack to each exterior shot. This sits in stark contrast to the traffic noise of the first few seconds of footage, shot during the day. Director Sisteró plays with the shadows and light contrasts of the night-time city, and lets scenes bathe in the warmth of street light and the artificial lighting of neon signs. At night, each shadow can be an outlet for creative expression. This visual language is a key part of the telling of Pastrana's story ( https://www.youtube.com/watch?v=g5epW6JpoCw ). The phone is available from mid-March. Read more about the OPPO Find X5 Pro at the OPPO website. #OPPO Contact Details OPPO Media Contact press@oppo.com

March 08, 2022 07:00 AM Eastern Standard Time

Video Image

EUCAST LEADER BACK IN UNITED STATES TO PROVIDE 4G and 5G WIRELESS BROADBAND ACCESS

EUCAST

The founder of EUCAST Co. Ltd., a South Korean company with 4G LTE and 5G advanced wireless telecommunication technology, is back in the United States this week. EUCAST and its representatives in the United States are pursuing additional partnerships to provide its state-of-the-art wireless broadband equipment and solutions to rural and remote communities and businesses in the United States. While initially focused on Korea and Japan, EUCAST sees the United States as a critical component of its global growth strategy. EUCAST Global Inc. headquarters was established last month in Denver, Colorado. EUCAST provides wireless communication systems that allow users to access the internet whenever and wherever they want. Its advanced equipment, comprising base stations, control servers, core network, and network management systems, allows users in remote and underserved communities to access the internet. EUCAST also provides private network solutions for businesses that share confidential information. On previous trips to the United States, Jaehyeong Kim, CEO of EUCAST, shared many of its solutions with leading academics, industry leaders, first responders, native American communities, and potential business development partners. EUCAST has already signed a partnership with a Colorado university to involve its students and campus as a "living laboratory". In addition, EUCAST has created a strategic relationship with Clovity, an IoT software solution company to bundle Clovity's artificial intelligence platform with EUCAST’S private network. EUCAST already has an agreement to have field trials at Native American tribal land and at a park area in southern California, where internet service was lacking or even non-existent. EUCAST’s citizens broadband radio services (CBRS) systems, including core network and base stations, will be delivered to the target area this month. “I am thrilled to be coming back to the United States and share how our products can make a difference, especially in areas that struggle with broadband access,” stated Jaehyeong Kim. “From first responders working in emergencies to students dealing with remote learning, or businesses working to reach customers, our 4G LTE and 5G systems provide valuable benefits.” “Instead of expensive and time-consuming construction of cellular towers and more fiber optics cabling, EUCAST provides its network in a box (NIB) solution allowing quick communication system recovery in emergency or disaster situations. These solutions also apply to public safety and military applications,” explained Gary Sumihiro of Sumihiro Investments, LLC, who is bringing EUCAST to the US. “EUCAST products are highly durable and rugged because they have verified quality and performance in Korean and Japanese markets. Furthermore, EUCAST’s less expensive price points and greater flexibility in design customization means less maintenance/support service fees," says Sumihiro. ### About EUCAST EUCAST provides end-to-end advanced wireless access solutions, comprised of base stations, control servers and gateway, core network, network management systems, and user devices. EUCAST has been a leading force in the advanced wireless access technology marketplace for more than a decade. Please visit http://www.eu-cast.com/ For more information or to schedule an interview with a EUCAST spokesperson, contact Dan Rene at 202-329-8357 or daniel.rene@kglobal.com. Contact Details kglobal Dan Rene +1 202-329-8357 daniel.rene@kglobal.com Company Website http://www.eu-cast.com/

March 07, 2022 10:41 AM Eastern Standard Time

DealMaker announces acquisition of Ridge Growth Agency

DealMaker

DealMaker, the leading data-driven capital raising technology platform, is pleased to announce the acquisition of Austin, TX based Ridge Growth Agency, the leading digital investor acquisition agency in Regulation A+, Regulation CF, and Regulation D 506(c) capital raises. With expertise spanning “direct to investor” offerings, traditional crowdfunding, and e-commerce, Ridge has emerged as an unparalleled leader in the marketing of online capital raises. Far surpassing the industry standard, Ridge has helped issuers raise over $350M across 30 campaigns in the last 18 months. Their expertise in investor acquisition is unmatched, making them the perfect complement to DealMaker’s best-in-class technology platform. With this combined offering, leading issuers looking to raise capital online “from the crowd” can look to DealMaker for both leading technology as well as powerful go-to-market tools to acquire and convert potential investors. “We’re excited to join the DealMaker team and keep pushing the capital markets forward,” said Jon Stidd, CEO and Co-Founder of Ridge Growth,“There’s a great opportunity to build a lot of ‘best practices’ in investor marketing right into the technology platform, all while we continue to stay hands-on with campaigns for leading issuers.” “From the beginning, our synergies in working with Ridge have been unparalleled,” said Rebecca Kacaba, CEO and co-founder of DealMaker, “It has been a seamless collaboration for our teams since we began working together in the way we both think, act and approach the industry. Retail capital raising offers an enormous opportunity to entrepreneurs in the USA and around the world, and we are thrilled to be pushing the boundaries of what is technologically possible to bring more capital to entrepreneurs everywhere, creating one global capital market. At DealMaker, we continue to make acquisitions that give more power to issuers and create efficiency in the capital raising process.” Full marketing services will be offered to select Reg A and Reg CF offerings under the name DealMaker Reach. DealMaker will continue to collaborate with existing partner marketing agencies to service its pipeline of $1.5B in upcoming offerings. Interested issuers can learn more at www.dealmaker.tech/reach +++ About DealMaker DealMaker is on a mission to create the most sophisticated capital markets tools on the planet, empowering capital to flow faster. It offers a suite of primary issuance, shareholder management, and capital raising solutions including investor ranking algorithms and data analytics tools to support all global private placements exemptions. Its innovative technology was designed to enable organizations to own and control exempt market raises to get the money they need, faster. DealMaker puts forward-thinking organizations in control to run streamlined, successful capital raises in one centralized platform. The company’s offices are located in Toronto, Canada, Austin, Texas and Tampa, Florida. Visit DealMaker.tech for more information. ### Contact Details Kristina Corso +1 908-278-6225 kcorso@hotpaperlantern.com Company Website https://www.dealmaker.tech/

March 07, 2022 09:00 AM Eastern Standard Time

MISHA MCCLURE TO LEAD DIGITAL EQUITY AND COMMUNITY IMPACT PROGRAMS AS COMCAST HOUSTON’S NEW DIRECTOR OF EXTERNAL AFFAIRS

Comcast Houston

Misha McClure will lead the Comcast Houston region’s digital equity and community impact programs as the new Director of External Affairs. In this role, McClure will partner with community organizations to help advance Comcast Houston’s position as a digital equity leader through legacy programs that provide important resources residents and business owners need to be successful in a digital world. In 2021, Comcast invested more than $3.5M in Houston-area community organizations and local digital equity programs. “Serving others has always been a big part of who I am,” McClure said. “I’m thrilled to advance our life-changing efforts to close the digital divide and lift-up income-constrained families with affordable and reliable high-speed broadband service. I’m also looking forward to working with our non-profit partners to further our shared efforts that help so many residents and customers.” McClure is a proven public relations and community affairs leader with more than 15 years of experience. McClure joined Comcast nearly nine years ago. In her previous role as External Communications Manager, she created compelling and engaging content for a wide variety of audiences, including amplifying digital equity and community impact efforts through traditional, influencer and social media. Internally, McClure launched the Houston region’s MyAbilities Employee Resource Group and completed numerous leadership development courses. “Misha has worked tirelessly to empower our community with information and programs that have truly made a difference,” Toni Beck, Comcast Houston’s Vice President of External Affairs, said. “In her new role, Misha will continue that work while also blending in her infectious passion for building partnerships that will make the Houston region a more equitable place to live and work.” McClure received a Bachelor of Arts Degree in Mass Communication from Southern University in Baton Rouge, Louisiana. She serves on the Board for Easter Seals of Greater Houston. She is a member of the Public Relations Society of America – Houston chapter and the National Association of Black Journalists. In her free time, Misha enjoys traveling with her family. She volunteers with organizations to help them optimize and grow their brand. To learn more about Comcast’s digital equity and community impact programs, visit houston.comcast.com. Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Foti Kallergis +1 832-986-0196 Foti_Kallergis@comcast.com Company Website https://houston.comcast.com/

March 07, 2022 07:02 AM Central Standard Time

Blockchain Blockbuster - Egyptian Government Extends Ground-Breaking Customs Project with CargoX

CargoX

CargoX, the global blockchain company leading the world on the digital transfer of trade documents, has announced a long-term extension to its disruptive agreement with the Egyptian government to accelerate the digital transformation of Egypt's trade flows with the world. The public-private partnership Misr Technology Services (MTS) - 80% owned by the Egyptian government - authorized CargoX as its blockchain document transfer gateway service provider for the country’s official NAFEZA single-window trade platform in March last year. Designed to bring trust and transparency to a digital trade environment, systemize Egyptian trade documents and information flow with companies around the world, the NAFEZA solution integrates the CargoX platform for Blockchain Document Transfer (BDT). Usage of the system became mandatory in Egyptian ports on October 1 last year. Since its implementation, the project has surpassed all expectations with CargoX’s blockchain solution already used to seamlessly and safely transfer more than 1,100,000 actual trade and finance documents for more than 75,000 customers. NAFEZA’s triumph has made CargoX the fastest-growing blockchain platform in the logistics industry. It represents one of the most compelling cases for the adoption of the blockchain as a critical tool for streamlining global trade and commerce. Underpinning CargoX’s remarkable success story is some game-changing time and cost-savings for the Egyptian government, importers, and foreign exporters doing business in Egypt. Benefits resulting for users from the adoption of blockchain technology include increased transparency, the elimination of red tape, and a reduction in the average cargo release time from 29 days to 9 days with a notable reduction in container demurrage and storage fees. Compliance costs for shippers have also been slashed from more than USD$600 to USD$165, or less as a consequence of the move onto the blockchain. As part of the extended agreement, the NAFEZA project will now be rolled out to include air cargo and encompass a total number of 30 sites including airports, seaports, dry ports, border posts, free zones, and bonded warehouses. NAFEZA has so far been adopted by more than 32,000 importers, 20,000 exporters, 2,200 brokers, 300 shipping agencies & freight forwarders, as well as more than 74,000 foreign exporters. The system currently handles 12,000 transactions a day. “The use of the platform in the public sector is a revolutionary step for global maritime shipping - and our partners will be forever inscribed in the ledger of history,” said Stefan Kukman, Founder & CEO, CargoX. “We are constantly working on providing great value, confidentiality, transparency, and immutability to our customers and our partners - and we base that value on building digital trust in global trade.” Immediate benefits for the Egyptian government include integrating 26 government bodies associated with cargo clearance, establishing a reliable national data warehouse with high-quality data used to drive the decision-making process for the ministry of finance, trade & industry, transport, and cabinet as well as the digital transformation of 6 trade documents, and the elimination of 11 other documents reducing red tape in the country dramatically. “In pursuit of Egypt’s ambitious strategy for sustainable development and integration into the global economy, MTS succeeded in implementing the national single window for trade across borders to achieve the transformation from 19th Century manual & paper-intensive customs procedures to a modern, state-of-the-art, digital ecosystem and extending it to engage the trade community abroad by partnering contractually with CargoX to leverage their leading-edge technology and advanced solutions,” said MTS CEO and chairman, Captain Ossama al Sharif. As an early adopter of the technology, Egypt has catapulted itself to the forefront of the changes taking place in the digitalization of global trade, said CargoX Chief Business Development Officer, Vjeran Ortynski. “Governments and companies with a strong digitalization agenda are showing the way for all the rest to follow, while gaining a strategic advantage in the global markets. We listen to our strategic business partners and develop features on the platform that are adapted to the needs of the global trade - with specifics that can be tailored to specific needs of our partners and always provide ease of use, value, and savings in time and cost for our global user base,” said Ortynski. About CargoX CargoX Ltd is a global company specializing in document transfer solutions, based on blockchain transactions and an ownership validation platform. The core team of founders brings together more than 100 years of experience in the logistics, banking, programming, IT and blockchain industries. Users of CargoX's BDT platform can upload or create electronic trade documents and then transact ownership of them like money through a global bank, at any time, with the following benefits: For more information: ( https://cargox.io/ ) Contact Details CHARLIE PESTI —The world’s best publicist for supply chain technologies. Charlie Pesti +1 267-439-4355 charlie@pesti.io Company Website https://cargox.io/

March 07, 2022 12:20 AM Central Standard Time

IMA Financial Group Unveils the Metaverse’s First Insurance Research & Development Facility

IMA Financial

IMA Financial Group today announced the launch of IMA Web3Labs, the metaverse’s first insurance and risk management research and development facility. It will be located in Decentraland, a virtual world based on blockchain technology. Funded by IMA’s investment arm, IMA Investments Inc., Web3Labs sets new industry expectations for exploring, testing and bringing to market risk and insurance strategies specific to the metaverse. “IMA is known as a thoughtful and strategic partner that finds innovative and effective solutions to manage risk for our clients,” said Paul Washington, Executive Vice President of IMA Financial Group and head of IMA Investments. “Web3Labs allows us to explore the risks associated with digital and meta assets from within the metaverse, so we can better prepare our clients to manage such risks. Our investment in IMA Web3Labs will also enable IMA to explore the infinite applications of blockchain technology to best understand how it might fundamentally shift the landscape of the $1 trillion commercial insurance industry.” With a long history of building risk management and insurance programs customized to clients in complex, emerging industries, IMA recognized a gap between the growth in NFTs and fundamental risk transfer and management strategies to secure them — a gap that leaves business operations in the decentralized finance market at risk, according to Washington. In 2021, $20 billion of NFTs were traded, and the market value of the asset class today exceeds $40 billion. IMA plans to mint its own NFTs and use other tools to advance its expertise in the growing digital and meta opportunities ecosystem. “We aren’t content to take the ‘wait and see’ approach that our industry often favors,” said Justin Jacobs, Senior Vice President of Marketing at IMA Financial Group and architect of IMA Web3Labs. “Society is at an inflection point, proven out by the popularity of meta-platforms. We need the ability to swiftly test, learn and adjust in a meta-native environment so we can build strategies and products that manage risks beyond the confines of the metaverse.” About IMA Financial Group Based in North America, IMA Financial Group Inc. is an integrated financial services company focused on protecting the assets of its widely varied client base through insurance and wealth management solutions. Because IMA is employee-owned, its 1,800-plus associates are empowered to provide customized solutions for their clients’ unique needs. Contact Details IMA Financial Group Ruth Rohs +1 303-615-7513 ruth.rohs@imacorp.com Center Reach Communications Tracy Henderson +1 720-989-3530 tracy@centerreachcommunication.com Company Website https://imacorp.com/

March 04, 2022 12:12 PM Eastern Standard Time

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