Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
News Release Digital Asset Direct

Fermata Energy Raises $40M in Recent Fundraising Round, Led by Carlyle

Fermata Energy

Fermata Energy, a leading vehicle-to-everything (V2X) technology services provider, announced today it has raised $40 million in investments to accelerate the company’s growth. "When I set out to create a company that accelerated the adoption of EVs by making them more affordable, while at the same time fortifying the electric grid, I did not imagine how quickly this technology would take off, and how important our technology would prove to be, particularly in light of climate change," said founder and CEO, David Slutzky, "I could not be more pleased by the recent round of fundraising and projects we now have in operation. Each partner brings unique, strategic benefits, and we are thrilled to leverage those in the coming months.” V2X technology enables electric vehicle (EV) integration with the continued growth in renewable energy into the electric power grid. Fermata Energy’s V2X technology provides essential energy storage to the power grid to facilitate the transition to renewables and provides revenue generation capabilities for vehicle and fleet owners. To transition to a clean energy economy, abundant energy storage must be deployed quickly and at scale. Investment from our new partners, including funds managed by global investment firm Carlyle (NASDAQ: CG) and Verizon Ventures, will allow Fermata Energy's next-generation bidirectional EV charger and accompanying proprietary software to be ready to dispatch power from stored energy in EV batteries directly back into the grid, building, or home. This functionality turns EVs into energy storage resources, and in the process, unlocks and monetizes the massive energy storage potential of EVs. “Bidirectional charging technology will become essential as electric vehicles increasingly become a key component to global decarbonization,” said J.B. Oldenburg, a Managing Director specializing in renewables investing at Carlyle. “We are proud to partner with Fermata Energy to accelerate the deployment of its bidirectional offering and believe Carlyle’s broad network and expertise in business development will help jumpstart the company’s growth.” In July 2021, as part of their participation in the 5G Studio, a collaboration between Verizon and Newlab, Fermata Energy's V2X energy management software successfully leveraged Verizon's 5G Ultra Wideband network to react to changes in the grid based on near real-time data and with near-zero latency. Through this partnership, Fermata Energy was connected to Verizon Ventures, the corporate strategic investment arm of Verizon that finds and funds the 5G future. "Distributed energy use and storage continue to grow in importance, in part due to the fast-growing EV space,” said Kristina Serafim, Managing Director of Verizon Ventures. "Both 5G and mobile edge compute are integral to the future of managing and tracking distributed clean energy, so Verizon Ventures is excited to support Fermata Energy's incredible team and mission as they help accelerate the adoption of EVs and help to transform renewable energy on the grid." Fermata Energy’s existing investors include Skyview Ventures, I Squared Capital, and ClearSky. "Our partnership with, and investment in, Fermata Energy demonstrates our commitment to being a leader in mobility and vehicle-to-everything technology,” said Andy Karetsky, President, Skyview Ventures. “We look forward to working together to implement a network of vehicle-to-grid charging stations while optimizing grid functionality.” "Fermata Energy's V2X technology has proven to save building owners money and add resilience to the grid," said Alex Weiss, Managing Partner at ClearSky "We are excited to be a part of Fermata Energy's growth at such a critical time for electric vehicles and charging infrastructure." "I Squared Capital has deep expertise in this area, and a robust venture program to help innovative companies, like Fermata Energy, scale at such a critical time in the market," said Peter L. Corsell, InfraTech Fund Partner. "We are committed to accelerating demand for V2X technology as the model for EV adoption." ABOUT FERMATA ENERGY Fermata Energy’s proprietary vehicle-to-everything (V2X) software and bidirectional hardware technology turns EVs into energy-storage assets, and makes it possible for EVs to combat climate change, increase energy resilience, and reduce energy costs. For more information, visit www.fermataenergy.com, and follow us onTwitter (@FermataEnergy), LinkedIn, Facebook, and Instagram (@fermata__energy). Contact Details North Coast Strategies Daniel Cherrin +1 313-300-0932 dcherrin@northcoaststrategies.com Company Website https://www.fermataenergy.com

January 14, 2022 08:04 AM Eastern Standard Time

Image

G Medical Innovations (NASDAQ: GMVD) is forecasting incremental Q1 revenues at around $30 MM, based on revenue generated from G Medical Tests and Services’ physical storefront testing locations

G Medical Innovations Holdings

Dr. Yacov Geva, President and CEO of G Medical Innovations, and Michael McDade, CEO of McDade Products, LLC, announced today that they acquired an undisclosed number of shares of G Medical Innovations (NASDAQ: GMVD). The CEO of McDade Products, LLC cited high confidence levels for sales of the co-branded LiveNow COVID-19 PCR Test Collection Kits announced this week and the forecasting of $30MM in revenues generated from the successful storefront COVID-19 testing locations operated by the company’s G Medical Tests and Services division. G Medical Tests and Services currently operates storefront testing locations in California. During the next few months, the company expects to expand its network of storefront testing locations in California and other U.S. regions to be announced at a later date. Pittsburgh-based McDade Products, LLC and G Medical Tests and Services have partnered to make millions of FDA EUA-approved COVID-19 PCR collection test kits available for retailers to sell by the end of January, in response to a national shortage of COVID-19 test options. The LiveNow COVID-19 PCR Test Collection Kits provide 24–48-hour certified lab results and retail for $9.99. Visit https://www.mcdadegrp.com/ to place orders for the LiveNow PCR Collection Kits. “With the U.S. government’s shift to emphasize COVID-19 testing to combat this virus, I’ve acquired stock with G Medical on the open market because I strongly believe in the future of the company. As a trusted and proven mobile health and e-health company, G Medical is now making SARS-CoV2 certified lab testing even more accessible and convenient for consumers,” said Michael McDade, CEO of McDade Products, LLC. McDade Products is a division of McDade Group, a privately held specialty sales, marketing, and distribution company serving the U.S. retail industry. About McDade Group Founded in 1994, McDade Group is a growing and dynamic sales, marketing, and distribution services company headquartered in Pittsburgh, PA. The company has expanded to provide solutions in distribution, category management, full-service merchandising, and consulting across the U.S. retail industry. Many of the world’s leading CPG manufacturers rely on the ability of McDade Group to build strong industry relationships and deliver services, insights, and expertise for hundreds of their products. Visit: https://www.mcdadegrp.com/ or LinkedIn: https://www.linkedin.com/company/mcdade-group/. 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. Because such statements deal with future events and are based on G Medical’s and McDade Products’ current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of G Medical and McDade Products could differ materially from those described in or implied by the statements in this press release. For example, G Medical is using forward-looking statements when it discusses delivery of purchase orders and anticipated gross profits. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in G Medical’s prospectus filed pursuant to Rule 424(b)(4), filed with the Securities and Exchange Commission (“SEC”) on June 28, 2021, 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. G Medical and McDade Products are not responsible for the contents of third-party websites. Investor Relations CONTACT: G Medical Innovations Kobi Ben-Efraim, CFO Contact Details Kobi Ben-Efraim, CFO +972 8-958-4777 service@gmedinnovations.com Company Website https://gmedinnovations.com/

January 14, 2022 07:00 AM Eastern Standard Time

LanzaJet Secures Industry-Leading, Innovative Financing with Microsoft Climate Innovation Fund to Construct the World’s First Commercial Alcohol-to-Jet Sustainable Fuel Plant

LanzaJet

Today, LanzaJet, a sustainable fuels technology company and renewable fuels producer, announced it has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia, through the Microsoft Climate Innovation Fund. The Microsoft Climate Innovation Fund has made a $50M investment to support the construction of LanzaJet's (and the world's) first alcohol-to-jet sustainable aviation fuel (SAF) production plant. The innovative structure of Microsoft's financing will enable LanzaJet to bring lower-cost sustainable aviation fuel and renewable diesel to the global market. LanzaJet is dedicated to accelerating the energy transition in sectors where decarbonization is hard, such as aviation. LanzaJet produces SAF and renewable diesel from low-carbon, sustainable ethanol sources. This investment also creates the opportunity for LanzaJet and the Microsoft Climate Innovation Fund to work together in enabling LanzaJet, through the Freedom Pines Fuels plant, to catalyze the market for 2 nd generation, waste-based ethanol feedstock, demonstrating clear demand signals for ethanol that can achieve greater carbon reductions. The construction of Freedom Pines Fuels is progressing as planned, even with supply chain, manufacturing, and labor shortages impacting the global economy. Fabrication of the plant is well underway; some modules are already completed and final site engineering is nearing completion. The LanzaJet Freedom Pines Fuels plant is expected to achieve mechanical completion this year and begin producing 10 million gallons of SAF and renewable diesel per year from sustainable ethanol, including from waste-based feedstocks, in 2023. The investment was made as part of Microsoft's efforts to achieve its 2030 goal of becoming carbon negative and advancing a net-zero economy. It also allows Microsoft to access sustainable, renewable diesel for its data centers to enable Microsoft to further achieve its net-zero goals. Demand for sustainable fuels is increasing, and governments like those in the United States and the United Kingdom are leading the transition by encouraging sustainable fuel production. The Biden administration set a goal for achieving net-zero aviation emissions by 2050, with the E.U. wanting to increase the amount of SAF blended to 63% by 2050. In September of 2021, the White House announced a target of 3 billion gallons of SAF produced per year by 2030. As part of that announcement, LanzaJet shared it would strive to achieve 1B gallons of SAF production in the US by 2030, significantly supporting US ambitions. Private sector investment and government support are crucial to enabling the development and scale-up of new technologies to curb carbon emissions as the world tackles climate change. The collaboration between LanzaJet and the Microsoft Climate Innovation Fund demonstrates that such an innovative investment approach breaks down barriers by deploying new technologies, improves our nation's infrastructure, and creates new economic opportunities in rural communities. The development of LanzaJet’s Freedom Pines Fuels plant is also supported by funding from the U.S. Department of Energy Bioenergy Technologies Office. LanzaJet continues to work with its founding investors to scale up the production of sustainable fuels to meet global demand and to enable the energy transition underway. Microsoft's financial support of LanzaJet joins other LanzaJet funders including LanzaTech, Inc., Suncor Energy Inc., Mitsui & Co., Ltd., British Airways, Shell, and All Nippon Airways – all who are working together to catalyze and build a new global market for sustainable fuels. Jimmy Samartzis, LanzaJet CEO, said: "We know that creating the change which our world desperately needs requires perseverance, innovation, and like-minded partnerships. We are thrilled to bring on Microsoft and its Climate Innovation Fund to help us build our first-of-its-kind sustainable fuels plant in Georgia. The partnership with Microsoft is more than just financing – it advances our work towards net zero fuels, it enables lower-cost sustainable fuels into the market, and it supports the urgency to have real, proven technologies scale-up and deploy." "We set a bold ambition to support the White House with a goal of 1 billion gallons of sustainable fuels by 2030. With Microsoft's support, this first plant significantly expands the production of sustainable fuels in the US, establishes Georgia as a leader in cleantech, and is the foundation for us as the first alcohol-to-jet sustainable fuels producer, and as a blueprint for the commercial plants we're developing globally." Brandon Middaugh of Microsoft's Climate Innovation Fund said: "With this investment, we support LanzaJet in creating new pathways to help companies across industries achieve net-zero carbon through the use of sustainable fuels. Decarbonizing hard to abate industries and technologies will be essential to achieving our carbon reduction goals by 2030. We look forward to working with LanzaJet to accelerate the global development and deployment of high-quality, sustainable fuels technologies." Governor Brian P. Kemp (Georgia), said: “LanzaJet is adding to Georgia’s growing sustainability ecosystem with the development of their aviation fuel and renewable diesel products,” said Georgia Governor Brian P. Kemp. “We congratulate LanzaJet, Microsoft, Soperton, and Treutlen County on this innovative opportunity. We’re proud that they’re growing in Georgia’s pro-business environment, and we look forward to working with them to support their production goals in the future.” U.S. Senator Jon Ossoff (Georgia), said: "This is good news for Georgia. My vision remains that Georgia should lead the nation in clean energy and renewable energy technology — including sustainable aviation fuels. I brought the Secretary of Energy to visit the LanzaJet site last year, and I will continue working to promote clean energy technology and create Georgia jobs.” U.S. Representative Rick Allen (GA-12), said: “This is great news for Georgia’s 12th District as it will enable continued investment and workforce development in Soperton. I applaud LanzaJet on today’s announcement, which is the result of free markets and innovation at work.” State Senator Blake Tillery (Vidalia-19), said: “We are continually working on jobs and investment in rural Georgia and are excited about what this announcement today means for Treutlen County and the surrounding areas.” About LanzaJet LanzaJet, Inc. is the world’s alcohol-to-jet technology leader and producer of Sustainable Aviation Fuel (SAF) and Renewable Diesel (RD) from ethanol. LanzaJet’s alcohol-to-jet technology has been in development for more than a decade through a partnership initially between LanzaTech and the US Department of Energy’s Pacific Northwest National Lab (PNNL). PNNL developed a unique catalytic process to upgrade ethanol to alcohol-to-jet synthetic paraffinic kerosene (ATJ-SPK) which LanzaTech took from the laboratory to pilot scale. LanzaJet is now commercially deploying the technology globally. Launched in June 2020, LanzaJet produces SAF and renewable diesel for hard to decarbonize sectors such as transportation including aviation and maritime. With its approach to the commercialization of SAF, LanzaJet creates regional jobs while enabling global decarbonization of the aviation sector. The LanzaJet process can use any source of low CI, sustainable ethanol for fuel production. Investors include LanzaTech, Inc. - the world’s carbon recycling leader and sponsor that spun out LanzaJet, Suncor Energy Inc. - Canada's leading integrated energy company, British Airways - the flag carrier airline of the United Kingdom, Shell – a global energy company, and Mitsui & Co., Ltd – a leading Japanese trading and investment company. Further information is available at https://www.lanzajet.com/. Contact Details North Coast Strategies Daniel Cherrin +1 313-300-0932 dcherrin@northcoaststrategies.com Company Website https://www.lanzajet.com

January 13, 2022 09:04 AM Eastern Standard Time

Image

Velocity Global and Icelantic’s Winter on the Rocks gives respite and relief to Marshall Fire victims

Velocity Global

$30,000 donation to relief fund VIP tickets to Red Rocks for those affected by the fire Velocity Global has partnered with Icelantic’s Winter on the Rocks to donate $30,0000 to the Boulder County Wildfire Fund to assist with recovery from the Marshall Fire, as well as a special VIP Red Rocks experience for those affected by the worst wildfire in Colorado history. “Our hearts go out to our neighbors who lost all of their possessions and precious life in the blink of an eye,” said Ben Wright, Velocity Global founder and CEO. “Money helps in times like this, but so does a brief escape from the realities of recovery. We chatted with our partners at Icelantic’s Winter on the Rocks to find a way to provide that getaway, even for just a night at Red Rocks.” Denver-based Velocity Global, the leading platform for global talent solutions, is a presenting sponsor of Icelantic’s Winter on the Rocks, a partnership between Icelantic Skis, The Pinecone Project, and AEG Presents Rocky Mountain. The group is donating VIP tickets to those affected by the Marshall Fire. “Music and community can help heal and we’re thrilled to be in a position to offer both to those impacted by this tragedy,” said Sam Warren, director and founder of Winter on the Rocks. “We’re asking anyone who knows someone affected to let us know and we’ll give them a night at Red Rocks.” The only winter concert at Red Rocks is celebrating its 10-year anniversary this year with Diplo, Sofi Tukker, Talib Kweli, DJ Matt Cassidy, and JACOBY on January 28th. Velocity Global will distribute tickets to those affected through its social media accounts on LinkedIn, Twitter, and Instagram starting today. About Velocity Global Velocity Global accelerates the future of work beyond borders. Its global work platform simplifies the employer and employee experience to employ any talent anywhere with just a click through its proprietary cloud-based workforce management technology, backed by personalized expertise and unmatched global scale. As the largest global Employer of Record (also known as International PEO) in 185 countries and all 50 United States, more than 1,000 brands rely on Velocity Global to build global teams without the cost or complexity of setting up foreign legal entities or state registrations. The company offers additional services including Independent Contractor Compliance to assess a workforce, and Agent of Record (AoR) to streamline payments to contractors. 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. Contact Details Velocity Global John Hall +1 720-650-4348 news@velocityglobal.com Company Website https://velocityglobal.com/

January 13, 2022 07:01 AM Mountain Standard Time

Image

Akeneo Named Innovatech Award Winner for 2022

Akeneo

Akeneo, a global leader in Product Experience Management (PXM) solutions, today announced that it has been named an Innovatech Award winner for 2022. The award, which honors the year’s best digital services and software providers, is a stamp of recognition for Akeneo’s commitment to innovation and customer satisfaction, and its continuing role as a tech industry leader. Innovatech, a global membership-based trade association founded to support, assist, and inform technology-based businesses, created the Innovatech Awards as an annual celebration of tech industry excellence. Candidates are nominated by the public, making the awards a true reflection of tech innovators’ consistent support from both customers and industry peers. Award winners are painstakingly selected by a panel of industry experts, based on third-party reviews and customer feedback aggregated from across the web, and careful comparative analysis of product features and capabilities. Only candidates that demonstrate uniqueness, unrivaled quality of services and facilities, and exceptional levels of customer care across a number of key categories are eligible for recognition. “This has been an extraordinary year, and the standard of entries was incredibly high,” said Jay Williams, Innovatech awards director. “The judging panel had great difficulty in narrowing down the entries, but the winners reflect the very best in industry standards. We were overwhelmed by the quality of entries, and we’d like to congratulate Akeneo for standing out as a true industry champion.” "Winning the Innovatech Award for 2022 is a real honor, and a testament to Akeneo’s commitment to innovation, industry leadership, and customer care,” said Kristin Naragon, Akeneo’s VP of Marketing and Strategy. "Over the past year, we’ve invested in our team and in our technology, and we’ve helped top brands all over the world to unlock the power of PXM for their products and their customers. We’re thrilled to have our efforts recognized by this prestigious award.” The full list of Innovatech Award winners will be included in the annual awards publication that will be available for digital download in February. About Akeneo Akeneo is a global leader in Product Experience Management (PXM) solutions that help merchants and brands deliver a compelling customer experience across all sales channels, including eCommerce, mobile, print, and retail points of sale. Akeneo's open-source enterprise PIM, and product data intelligence solutions, dramatically improve product data quality and accuracy while simplifying and accelerating product catalog management. Leading global brands, including Fossil, Staples, Tarkett, and Grundfos, trust Akeneo's solutions to scale and customize their omnichannel and cross-border commerce initiatives. Using Akeneo, brands and retailers can improve customer experience, increase sales, reduce time to market, go global, and boost team productivity. For more information, visit https://www.akeneo.com. About Innovatech The Innovatech Awards are an annual celebration of excellence across all sectors of technology. The independent awards program recognizes the best digital services and software available. For more details, go to www.innovatechawards.com. Contact Details Ran Xu +1 213-309-2373 ran@rosebudpr.io Company Website https://www.akeneo.com

January 13, 2022 09:00 AM Eastern Standard Time

Volatus Aerospace accelerates its Public Safety Initiative with the addition of advanced UAV Mobile Command Units

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (“Volatus”) is pleased to announce that it has partnered with Illinois-based DRAXXON to market and sell fully integrated mobile command centers configured to support drone operations in a public safety environment. Demonstrations of these Mobile Command Centers and various public safety drones will provide an opportunity for first responders to evaluate customized solutions to meet their tactical requirements. The Mobile Command Center enhances Volatus’ integrated solutions for public safety agencies. “The public safety market is rapidly adopting the use of tactical drones and the application of Drones as First Responder. We are committed to being a leading provider of turnkey solutions in this sector,” said Glen Lynch, Volatus CEO. “Mobile Command Centers provide all the components of a rapid response unit including drone communications, flight operations, and live data feeds. DRAXXON is a leading manufacturer of high-quality, specialized vehicles designed for multi-mission capabilities. Innovation and quality make them a perfect partner for our public safety initiative.” DRAXXON CEO Brock Wilkerson remarked, “Partnering with Volatus and integrating their various drones, mission control systems, and intelligence offerings with our high quality, specialized vehicle solutions, results in powerful resources for first responders.” According to Markets&Markets in their 2021 report ‘Unmanned Aerial Vehicle (UAV) Market,’ the global government and law enforcement market is forecast at US$5.72B by 2026 growing at a CAGR of 17.1%. The public safety market is a targeted growth sector for Volatus. “Delivery of the first vehicle is scheduled for January 25 th and our North American roadshow will begin in March," said Dean Attridge, VP of Solutions Engineering. "We will be showcasing our fully integrated solution at the International Security Conference & Exhibition (ISC) West tradeshow.” About Volatus Aerospace: Volatus Aerospace is a leading provider of integrated drone solutions. Operating a vast pilot network with offices throughout Canada, the United States, and South America, Volatus provides enterprise and industrial solutions including training, equipment sales & support, imaging & inspection services, drone cargo solutions, design & manufacture, and research & development. With a rapidly expanding network of strategic partnerships and acquisitions, Volatus is driving the full potential of UAV technologies around the world and shaping the industry of tomorrow. Forward-Looking Statement: This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement.Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Contact Details Volatus Aerospace Corp. Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

January 12, 2022 07:00 PM Eastern Standard Time

Image

College of DuPage MPTV Student Produces Annual Fundraising Video for Spay Illinois

College of DuPage

College of DuPage Motion Picture and Television (MPTV) program student David Roudebush recently wrote, produced and directed a five-minute public service announcement highlighting Spay Illinois, a non-profit organization providing low-cost care to pet owners facing financial hardship. “It was my first time doing anything like this,” he said. “I learned on the spot and soaked in every last bit. That sometimes meant working 14-hour days, but it was worth it because it’s not really work when you love what you do.” Roudebush was approached by COD MPTV Professor Tony Venezia earlier in the semester to see if he would be interested in spearheading the video project to help Spay Illinois raise funds for their annual giving campaign. “I jumped at the opportunity because being able to use what I’m learning in the classroom for a professional client would be invaluable experience,” he said. “I also knew that I was passionate about Spay’s mission, and the more I talked to their staff, the more I felt a connection to the organization.” Roudebush got a chance to experience firsthand what goes into making a professional production from start to finish. As the writer, producer, director and editor for the project, he spent weeks planning every meticulous detail, including the technical aspects like lighting and sound, as well as creating a story arch and an emotional hook. “I had to think about what was going to land the ultimate goal of getting this organization the critical funds that they needed to help more pet owners in need,” he said. “I wanted to give the client something that was professional grade and reflected their mission statement.” Once Roudebush found a willing client whose dog’s life was saved when Spay Illinois stepped in to help, his vision came to life. Through firsthand storytelling, Roudebush’s finished product was an emotional and raw video that helped the non-profit organization reach its year-end fundraising goal. Venezia said he was impressed with the professionalism Roudebush displayed throughout the project. “I am highly impressed with the artistry of the project and David’s drive and dedication to his work,” he said. “The camera work is extraordinary and fully supports the message of the video. I also am impressed with the professionalism, care and involvement from everyone involved, including the staff from Spay. Excellent, amazing, professional work from all sides.” Roudebush credits his success on the project to his experience at COD. “At the end of the day, having COD as a resource and a safe place gave me the confidence that I could be successful working on a professional grade project that involved wearing multiple hats,” he said. “COD has really prepared me for what’s to come. I had this level of confidence that’s been missing for a long time.” Watch Roudebush’s fundraising video he produced for Spay Illinois. Finding Purpose at COD Roudebush enrolled in COD’s MTPV program at age 29 after spending nearly a decade working a variety of jobs. “Before finding my way at COD, I never thought I could made money off of dream jobs,” he said. “But one night I was watching the credits of a movie and saw that there were hundreds of names scrolling down the screen from lighting designers to photographers to writers. With the rise in streaming platforms, the needs of a crew are only going to grow, so I figured why not try it. When I finally got to COD, the MPTV department was able to provide me resources, knowledge and a safe place to explore my craft. And I’m still learning. I signed up for another semester because I truly don’t want to leave.” Eager to gain as much experience as possible, Roudebush began working as a student worker in the MPTV department helping students learn various multimedia equipment and assist students with studio rentals. “Working in the department allows me to have a center seat at the table,” he said. “The students that are the most successful are the ones that, like myself, completely commit to what COD has to offer. It’s about showing engagement with what is possible here. At a commuter school it’s so easy to come and leave, but getting involved is so important.” Hear more about Roudebush’s experience in COD’s MPTV program. Contact Details College of DuPage Angela Mennecke +1 630-942-3134 menneckea@cod.edu

January 12, 2022 02:19 PM Eastern Standard Time

Image

Entertainment Industry Leader Jed Weitzman joins Logitix as Head of Music

Logitix

Logitix, the leader in live event ticketing technology and analytics, announced they have named Jed Weitzman as their Head of Music. Weitzman brings over 25 years of experience as an executive in the entertainment industry, specializing in talent management, technology, and ticketing. Through this newly created position, Weitzman will lead the music division for Logitix to optimize concert ticket sales through real-time data, dynamic pricing, and distribution. “Jed is one of the most respected leaders in our industry,” said Logitix CEO Stuart Halberg. “He has a proven track record of helping artists and promoters navigate their ticketing strategy and increase revenue. He is joining an all-star team at Logitix that continues to prove that we are the most trusted solution to optimize ticket sales for live events.” Before joining Logitix, Weitzman built the music division for Ticket Evolution and consulted for over 60 major concert tours. He worked directly with agencies, promoters, venues, and managers to create revenue. Earlier in his career, Weitzman oversaw world tours and licensing deals, working with many of the world’s top artists, including Prince, Dave Matthews, Billy Joel, Tom Petty & The Heartbreakers, James Taylor, Jane’s Addiction, and Morrissey. “Throughout my career, I have always taken the approach to consider the artist first,” said Weitzman. “There is nobody helping artists, teams, and promoters more in the ticketing space than Logitix. They represent the present and future of the ticketing industry, and I’m thrilled to lead their music division.” Weitzman’s career started in television, working on shows like Saturday Night Live and Late Night with Conan O’Brien before becoming a sought-after talent manager and TV development executive. He spent nearly 10 years managing careers of comedic talents, including Zach Galifianakis, Stephen Colbert, and Steven Carell. During his time at Brillstein Grey Entertainment, he worked with the writing and production staff of The Larry Sanders Show, Mr. Show, and The Dana Carvey Show. From Oct. 1 through Dec. 31, 2021, Logitix managed 2.4 million tickets that sold for over $300 million through teams across the NFL, NBA, and NHL, plus NCAA events and live event properties. Logitix optimizes ticket sale outcomes for all of its partners through proprietary dynamic pricing and distribution. Its unique platform analyzes millions of real-time data points, providing up-to-the-minute insights within the live event marketplace. About Logitix Logitix is the preeminent monetization engine and ticketing platform for the live event industry, combining optimized pricing, distribution, and inventory management with real-time insights to help sellers and buyers respond to a rapidly changing market environment. The Logitix vision is to automate the entire ticket life cycle and provide data-driven insights to serve the diverse needs of its clients. The company is backed by ZMC and is privately held. For more information about Logitix, visit Logitix.com or find them on LinkedIn. Contact Details Eric Nemeth nemeth@ericpr.com Company Website https://logitix.com/

January 12, 2022 11:03 AM Eastern Standard Time

iTradeNetwork Introduces OrderMaestro — The Food Industry’s Best-In-Class E-Commerce Platform That Gives Foodservice Distributors a Competitive Advantage

iTradeNetwork

iTradeNetwork, the food and beverage industry’s largest network with over 8,000 food and beverage trading partners, is proud to announce the launch of OrderMaestro for distributors — a mobile e-commerce solution that automates and streamlines the ordering process for their customers. OrderMaestro enables distributors to create powerful loyalty programs, easily promote specific products, increase sales opportunities and deliver a best-in-class mobile ordering experience that customers love. Over the last 18 months, distributors have had to evaluate business operations to survive in an ever-changing foodservice climate. Small and independent restaurants have closed their doors for good, forcing distributors to pivot to find new customers and explore different channels for revenue. Meanwhile, COVID-19 has accelerated digital transformation and technology adoption by three to four years 1, pressuring distributors to quickly adapt to new technologies to meet customer needs. Customers are expecting more — and faster — than ever before. In order to compete with the thousands of distributors on the market, they need to deliver a seamless mobile ordering experience that will attract customers — and keep them coming back. Introducing OrderMaestro OrderMaestro is a branded e-commerce platform that catapults distributors into the digital age and allows them to do more with less. iTradeNetwork designed OrderMaestro to offer a personalized experience for customers. Distributors will not only grow sales revenue, but they will also provide an intuitive and scalable ordering experience for their customers. This best-in-class solution provides clear order guides across units, auto-generates orders from past purchases and offers configurable workflows to streamline purchase order (PO) approvals — but that scratches the surface of what OrderMaestro is capable of doing: Create Powerful Loyalty Programs That Attract and Engage Customers: Build a loyal customer base and increase revenue with in-app promotions. With OrderMaestro, distributors can create loyalty programs, drive volume to specific products, get rid of excess inventory quickly, run holiday and seasonal promotions and more. Gift Your Customers with Effortless Onboarding in an Easy-to-Use Mobile App: With widespread labor shortages, onboarding and ease-of-use is top of mind for distributors and their customers. OrderMaestro is simple to manage and requires no formal training — customers can submit POs from their mobile devices in minutes. 3-Touch “Scan-To-Search'' Smart Barcode Scanning: Now, customers can place an order or take inventory in as little as three taps. OrderMaestro’s barcode scanning and voice recognition functionality allow users to auto-populate product information right from their mobile devices. Collaborate In Real-Time and Increase Customer Satisfaction: With alerts, distributors can notify their customers about when to expect delays based on weather conditions, changes in account cut-off times and more. Gain Visibility into Customer Purchases, So You Can Grow Your Business: With barcode scanning and voice recognition technology, collect rich, comprehensive data on the products customers are purchasing from other suppliers. “In a very competitive foodservice distribution market, OrderMaestro is the key to differentiating yourself,” said Wills McMahon, senior product manager at iTradeNetwork. “Distributors will be able to increase sales through our in-app promotions while delivering a best-in-class mobile ordering solution to their customers. It’s a win-win.” The OrderMaestro mobile app is currently available for foodservice distributors on the Apple and Android app stores. 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 more than 8,000 companies globally. For more information, visit: https://www.itradenetwork.com/. 1 https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/how-covid-19-has-pushed-companies-over-the-technology-tipping-point-and-transformed-business-forever Contact Details Landis Communications Inc. Robin Carr +1 415-971-3991 itn@landispr.com Company Website https://www.itradenetwork.com/

January 12, 2022 06:02 AM Pacific Standard Time

1 ... 515 516 517 518 519 ... 646