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NMTC Coalition Opens Sign-on Letter to Congress Urging Members to Make the NMTC Permanent

NMTC

The NMTC Coalition is circulating an organization sign-on letter to Congress urging members to make the NMTC permanent. Organizations committed to community and economic development, adding jobs and increasing wages, and supporting healthcare, education, manufacturing, infrastructure, telecom, energy, the arts, and recreation are encouraged to add their name to this letter in support of a bipartisan program with a 20-year track record of success. The sign-on letter, available at NMTCCoalition.org, closes on August 31, 2023. Any organization (businesses, trade groups, city governments, Mayors, nonprofits, investors, CDEs) can sign the letter using the form on the NMTC Coalition website. “As we continue our efforts to make the NMTC program permanent, it is critical for our elected officials in Congress to hear from the businesses and organizations who bring these programs to life across our country and are charged with making communities stronger and more economically sound,” said NMTC Coalition spokesperson Bob Rapoza. “This is an opportunity to make your voice heard and to make a real difference in communities that need help the most.” Authorized by Congress in 2000, the NMTC Program incentivizes community development and economic growth through the use of tax credits (given as allocations) that then attract private investment to distressed communities. The unique beauty of the NMTC program is that it is used effectively in both rural and urban areas to support good jobs and strong wages and has historically held bipartisan support. In addition to creating high-quality jobs, NMTCs create and expand access to health care, early childcare and schools, job training, groceries, telecommunications, energy, arts, recreation, and infrastructure in ways that traditional private sector financing cannot effectively meet. Since 2003, the NMTC has provided much-needed investment and advancement opportunities for underserved communities across the country. In just two decades, NMTCs have spurred an unprecedented level of investment in rural and urban low-income communities, generating nearly $130 billion in capital investment through public-private partnerships and creating more than one million jobs nationwide. The NMTC has an outstanding track record of revitalizing communities outside of the economic mainstream as a targeted, cost-efficient financial tool — and it has the potential to achieve an even greater impact. Currently, the NMTC program is set to expire in 2025. By adding their name to the sign-on letter, organizations will lend their support for making the NMTC permanent by passing the bipartisan NMTC Extension Act of 2023 (S. 234 and H.R. 2539). In addition to extending the program at $5 billion in allocation per year, the legislation would provide an inflation adjustment for future years. It also includes reforms to ensure the NMTC program maintains its efficiency during an economic downturn when it is needed the most. “Organizations, especially CDEs and investors on the frontlines of community revitalization efforts using NMTCs, are encouraged to join this effort to ensure no community is left behind and to preserve one of the federal government’s most successful community development programs,” said Aisha Benson, President and CEO of Nonprofit Finance Fund (NFF) and President of the NMTC Coalition. The New Markets Tax Credit (NMTC) was enacted in 2000 to stimulate private investment and economic growth in low-income urban neighborhoods and rural communities lacking the patient capital to support and grow businesses, create jobs, and sustain healthy local economies. Since its inception, the NMTC has generated more than one million jobs. Due to the NMTC, nearly $130 billion is hard at work in underserved communities in all 50 states, the District of Columbia, and Puerto Rico. For more information, visit www.NMTCCoalition.org. Contact Details New Markets Tax Credit Coalition Greg Wilson +1 571-239-7474 gregwilsonpr@gmail.com Company Website https://nmtccoalition.org/

July 25, 2023 09:41 AM Eastern Daylight Time

Paul Newman Summer Camps Mean Fun for All

YourUpdateTV

Going to summer camp can be the highlight of any kid’s summer. Camp is where kids learn many life skills that they will take into adulthood, including learning how to be independent, how to make friends, and how to embrace new experiences. In addition to fun in the sun, summer camp is also a time to learn about kindness, belonging, diversity, inclusion, and compassion. All those positive traits are fostered at the camps that are part of SeriousFun Children’s Network, a global community of camps founded by actor and philanthropist Paul Newman. Recently, CEO of SeriousFun Children’s Network, Blake Maher, and Executive Director of Rite Aid Healthy Futures, Matt DeCamara, teamed up for a nationwide satellite media tour to discuss how SeriousFun camps are spreading kindness, belonging, diversity, inclusion and hope to kids and families all around the U.S. A video accompanying this announcement is available at: https://youtu.be/1ckiqe7mcp0 Thirty-five years ago, Paul Newman, the Hollywood icon, philanthropist, and car racing champion envisioned a camp where kids living with serious and life-limiting medical conditions could break away from the everyday challenges of their illness to, in his words, “raise a little hell.” Today, Serious Fun Children’s Network, the leading network of medical specialty camps in the world, boasts 30 camps and programs which have delivered more than 1.7 million life-changing camp experiences to kids living with more than 130medical conditions and their families, totally free of charge. But the SeriousFun camp experience is more than just a week of fun and adventure. Over 80% of SeriousFun alumni campers surveyed said the SeriousFun camp experience was a major influence in the development of skills they use daily in their adult lives including the willingness to try new things, appreciation of diversity, self-identity, empathy and compassion, self-confidence, perseverance, and friendship skills. For Rite Aid Healthy Futures, partnering with SeriousFun to support kids and families was a natural fit. Healthy Futures strives to empower children and strengthen communities every day by advancing equity and opportunity for children facing daunting challenges. The partnership with SeriousFun Children’s Network places a caring community around children with serious medical conditions and provides a needed sense of belonging for kids who spend too much time isolated in hospitals. SeriousFun camps also bring together children from a rich variety of backgrounds, experiences and locations, creating opportunities for campers, families, caregivers, and volunteers to get to know others from within or outside of their own community. For more information, visit seriousfun.org and riteaidhealthyfutures.org Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

July 20, 2023 03:18 PM Eastern Daylight Time

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The Department Of Education Issues Recommendations For How Educators Should Approach The Use Of AI – Benzinga Dives Deeper With EdTech CEO

Amesite Inc.

By David Willey, Benzinga Follow the latest news from Amesite, Inc. Dr. Ann Marie Sastry, CEO of Amesite, Inc. (NASDAQ: AMST), recently appeared on Benzinga’s All Access Live, a live show where Benzinga highlights companies and leaders who are transforming their industry. Amesite is an eLearning platform and content provider powered by artificial intelligence (AI). The company is looking to revolutionize the traditional educational experience and harness the power of AI for the next generation of learners. Amesite has had an AI-first approach from its inception, and Dr. Sastry spoke about how this “build-to-integrate” approach has given the company both philosophical and technical advantages in the market. The company sees that the world is moving rapidly toward the integration of AI across all sectors, and it believes that this is creating a need for services that make AI readily available and part of daily life. Also, on a very practical level, Dr. Sastry believes companies that don’t adopt AI will quickly become obsolete and be left behind in the fast-changing economic environment. Amesite is addressing this need both by integrating AI technology into its platform and by educating its users in AI competence. One way it is doing this is by offering a free course on the fundamentals of ChatGPT. Amesite’s AI-First Framework In fact, Amesite moved early to integrate language learning model (LLM) technology, and it recently announced the launch of its Version 6.3 (V6) platform, which incorporates GPT4 technology. This means that courses hosted on Amesite’s platform take advantage of cutting-edge AI features to provide a premium Learning Management System (LMS). Dr. Sastry explained how with Amesite, people can harness AI to answer questions and create content, enabling the delivery of mass customized, deeply engaging learning experiences. Dr. Sastry credits their provision of AI solutions as one of the reasons why Amesite delivers a high retention rate of 99% for learners on its platform. Dr. Sastry highlighted Amesite’s GPT-4 powered AI bot, which is available 24/7 to provide learners with support and answers to their questions. The platform also has a feature that allows for contextualized information. That means courses on popular topics will include a sidebar populated with current news stories to complement the course material with up-to-date sources. These features, and Amesite’s approach, make it an increasingly popular choice for organizations looking to leverage AI. “The world is moving very fast,” said Dr. Sastry. “You have to have the infrastructure and the mindset. We are an AI-first company, we have been thinking about this for a long time, and we’re integrating it very rapidly.” Amesite recently published a free integration white paper that can be downloaded by the public here. The Need For An AI-Powered Learning System The interview occurred following the Department of Education issuing recommendations for how educators should approach the use of AI in a learning environment. A survey of 1,000 college students found that more than 60% had used ChatGPT for help with homework, and a third had used it on a written assignment. This means that it is important to integrate ChatGPT and other AI tools into the classroom, not only to provide learning benefits but because it is crucial for helping students approach technology in a controlled and supportive environment. This is what Amesite is looking to do through its premium platform and eLearning service. Amesite has already worked with numerous institutions, including universities, museums, and corporations, to deliver important educational and upskilling training. Read more about Amesite’s position as a cutting-edge adopter of AI in education. Amesite Inc., an artificial intelligence driven platform and course designer, provides online products in the United States. The company uses machine learning to offer a mass customized experience to learners. Its customers include businesses, universities and colleges, K-12 schools, and non-profit organizations. The company was incorporated in 2017 and is headquartered in Detroit, Michigan. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Amesite, Inc. +1 734-876-8141 info@amesite.com Company Website http://www.amesite.io

July 14, 2023 09:25 AM Eastern Daylight Time

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As IMF Deputy Director Issues AI Warning, Workers Are Unprepared For Disruptions Caused By Advent Of AI – Amesite Is Looking To Change That

Amesite Inc.

By David Willey, Benzinga Click here to download the latest research report on Amesite. The technology of tomorrow is rapidly becoming the economy of today, and governments and workers are unprepared for the changes, said Gita Gopinath, Deputy Director of the International Monitory Fund (IMF), in a recent interview with the Financial Times. Artificial intelligence (AI) is here to stay, and it is already changing how people live and work. As technology reshapes the marketplace, governments and institutions need to act fast, both in terms of implementing regulations but also “also in terms of preparing for probable substantial disruptions in labor markets,” said Gopinath. She highlighted the potential for particularly extreme changes – that will include both benefits and disruptions – coming from large-language models like ChatGPT. In previous decades, the assumption has been that individuals and economies would adjust to new technologies. “The lesson we have learned is that it was a very bad assumption to make,” concluded Gopinath. That is why online platform and course developer Amesite (NASDAQ: AMST) has made it its mission to help institutions upskill both students and workforces. It is rejecting the complacency model that has failed workers in the past and is working with businesses, universities, government agencies and others to help prepare them to thrive in a changing economic and technological environment. Amesite Works With Business And Schools Amesite has always had a technology-first approach, and to support its eLearning offerings, the company recently launched Version 6.0 (V6) of its platform website. Amesite’s white-label, scalable platform is designed to host courses from businesses and learning institutions that help them upskill and reskill their employees. As part of its commitment to helping the transition to an AI-powered economy, it launched a free course on the fundamentals of ChatGPT and has integrated several AI capabilities into V6. Amesite is positioning itself as a leader in adopting AI in the educational sector, which it believes places it at the vanguard of AI development and integration. An Ipsos survey from late 2021 found that education was the sector people thought most likely to be impacted by AI. Bill Gates has also recently commented on the transformation that AI could bring to education, saying AI has the potential to take learning to a “whole new level.” One way Amesite is helping change education is through its partnership with the National Association for Equal Opportunity in Higher Education (NAFEO). Amesite is working with NAFEO-affiliated colleges and universities to deliver upskilling content through NAFEO’s Center for Opportunity, Excellence and Equity (COEE) learning management system. Amesite also recently partnered with Michigan Works! Southeast (MWSE) to provide training materials through MWSE’s Learning Community Environment system. Other companies looking to adapt in the eLearning sector include Coursera Inc. (NYSE: COUR), 2U (NASDAQ: TWOU) and Powerschool Holdings Inc. (NYSE: PWSC). However, Amesite cites data from a third-party source indicating it has both a higher positive consumer sentiment score and a lower negative sentiment score than any of its competitors. This puts it in a strong leadership position in the AI-powered learning sector, according to Amesite. Learn more about how Amesite is disrupting education with AI. Amesite Inc., an artificial intelligence driven platform and course designer, provides online products in the United States. The company uses machine learning to offer a mass customized experience to learners. Its customers include businesses, universities and colleges, K-12 schools, and non-profit organizations. The company was incorporated in 2017 and is headquartered in Detroit, Michigan. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Amesite, Inc. +1 734-876-8141 info@amesite.com Company Website http://www.amesite.io

July 06, 2023 09:00 AM Eastern Daylight Time

Fun learning platform Kidovo raises $1.2M funding round to provide personalised interactive learning to every child

Kidovo

The next generation of children are growing up with digital devices all around them. As a result, they’re spending increasing amounts of time on these devices in passive consumption of content which is leading to a range of development issues. In addressing this pressing concern, fun learning platform Kidovo is today launching with a $1.2 million seed funding round to provide every child (2-8 years old) with personalised interactive learning. The funding round saw participation from Venture Highway, Amplify PCC, Good Capital, & prominent angels including Ashish Singhal from Coinswitch among others. Using interactivity, Kidovo is aiming to turn passive consumption into active participation from kids, which helps avoid many of the problems prevalent today with kids’ screen time. Kidovo was founded by Sameer Goyal, ex Amazon & AWS engineer, and Rahul Bhatnagar, ex Uber, Cubical Labs, Amazon. They met while beginning their careers at Amazon over a decade ago. Together, they have a combined experience of over 20 years in the tech industry. “When Rahul reached out to me, about building an interactive learning platform for kids, I was sure something like this must exist. But I was surprised to see very few options for such content. Further, we both realised the massive size of this problem. This affects most of the kids on the entire planet. We started researching the space and found that there is a massive opportunity to build better learning experiences for kids using the latest technology.” said Sameer Goyal, co-founder of Kidovo. “We’ve been testing the early versions of the product with a small group of about 60 families as part of our co-builder program since December 2022. While we have been constantly improving the product based on feedback from that program, the platform has already grown to serve 4000 registered families. Further, as a testament to our team’s commitment to improving kids’ learning experience and safety, we have already received kidSAFE COPPA+ certification as well as a 5 star certification from educational app store in just 6 months since our platform accepted its first external user. We are now confident in serving more users on our platform and have begun rolling out our paid subscription plans.” Recent studies have suggested that kids spend about an hour everyday on Youtube. With shortage of workers in the childcare industry, increasingly these devices are the child’s nanny ( Source ). Further, since generation alpha is the first generation to grow up around digital devices, parents are increasingly finding it difficult to limit screen time without access to other sources of more meaningful & productive entertainment for children. The American academy of Pediatrics recommends for children 2 to 5 years of age to limit use to 1 hour per day of high-quality programming, while parents co-view & help children understand the content and help them apply what they learn ( Source ). Kidovo is designed to provide children with a digital playmate, who would fulfil the above responsibilities when a parent is unavailable to do so. “We found that existing interactive solutions were too focussed on academic outcomes & hence were unable to engage the child over a long period of time. Further, they lacked the variety of content that would support children as they explore different areas of interest. Therefore, we decided to work together with the best kids content creators and empower them with interactive tools to make more engaging content.” said Rahul Bhatnagar, co-founder of Kidovo. Since children are spending increasing amounts of time on digital devices, the time they spend practising speaking has gone down leading to speech delay problems. The team has devised an innovative approach to get kids to speak while learning on their platform. One of the forms of interactivity on the platform is where kids are asked questions from the content and they need to speak to answer and get real time feedback almost as if there’s a real life tutor with them. The owl mascot, Ovo, also involves kids in casual conversation to help them build confidence to express themselves. Kidovo not only helps children with healthier screen time options, but also helps parents participate in their children’s learning journeys. The platform offers parents key moments they might have missed from their kids’ activity on the platform, they can hear their kids speak, see what they drew. Further, parents are offered tips on activities & discussions that they can engage in with their kids based on their activity on the platform. Kidovo plans to use this investment to move closer to their vision of empowering every child worldwide to reach their full potential through personalised, immersive, and engaging experiences that make learning fun and accessible. About Kidovo Kidovo is a fun learning app providing personalised, interactive learning for kids between 2-8 years of age. Kidovo curates content from the best kids' content creators like SciShow Kids, Kiboomers, Learning Mole and many more and adds fun educational activities where children tap on the screen, respond with their voice, and even colour on the screen. Kidovo's mascot, Ovo, the owl will be kids’ digital buddy, and engage and talk with them. Kidovo shows parents what their kids are learning using their child's audio, coloring sheets and much more. Contact Details Kidovo Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.kidovo.com/

June 29, 2023 09:00 AM Eastern Daylight Time

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From Integrating AI To Strictly Protecting Client Data, How Online Education Company Amesite Inc Is Doing Things Differently To Disrupt Learning

Amesite Inc.

Click here to download the latest research report on Amesite Amesite Inc. (NASDAQ: AMST) CEO Dr. Ann Marie Sastry recently delivered a presentation at a leading Micro-Cap conference hosted by Sidoti & Company LLC. As an online platform and product developer powered by artificial intelligence (AI), Amesite is positioning itself to disrupt the current educational model. It plans to accomplish this with its robust, technology-first approach. In her presentation, Sastry set out how Detroit-based Amesite has the goal of becoming a leading education specialist for delivering improved e-learning experiences and outcomes. In 2022 Amesite started a collaboration with Microsoft for the use of its Azure cloud, and it was featured in a story on Microsoft’s website. In February of 2023, it officially adopted GPT-3, the technology behind ChatGPT, onto its learning management system (LMS). In April, it launched the anticipated Version 6.0 (V6) of its platform. V6 is integrated with GPT-4, the AI system powering Bing and ChatGPT Plus. Amesite’s platform now includes AI capabilities such as learning and creative assistants, as well as a free course on GPT fundamentals. Its generative AI capabilities mean that the platform now allows customers to create features like educational games, interactive learning experiences, leaderboards and other learning incentives. A Strong Position In A Growing Market Amesite’s vision for education and upskilling is for learners not to be educated in silos but instead, be brought into a larger learning community. The company provides a top-tier learning management system (LMS) that sits at the intersection of several industries, including AI, online education and software-as-a-service (SaaS). Amesite believes it can harness the growth of each of these markets to scale its customer base and grow revenue. Each market is poised for significant growth in the next decade. The AI market was worth $136 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 37.3% between 2023 and 2030. Meanwhile, the SaaS market is expected to grow from $167 billion in 2022 to $462 billion by 2028, at a CAGR of 18.5% during the forecast period, and online education is projected to reach a value of $602 billion by 2030, growing at a CAGR of 17.2% over 2023-2030. Amesite already works with numerous universities, museums, government agencies and businesses to deliver its suite of online products. Its LMS delivers a 99% retention rate across its paid products, compared with a 60% industry average retention rate. How Amesite Is Doing Education Differently Something that differentiates Amesite’s position in the market is its approach to client data. While it uses analytics to improve customer experience, the company has a strict approach of never selling data to third parties or using data for exploitative purposes. Amesite also delivers what Sastry described as the best-in-class code and architecture in its LMS. Its V6 platform tools enable the integration of thousands of application programming interfaces (APIs). These APIs, along with Amesite’s collaboration with Microsoft, mean that Amesite’s offerings are easily scalable, and are capable of fast and efficient product delivery. Its robust architecture allows the company to continuously integrate improvements into the system. In a case study released earlier this year, Amesite revealed it was able to onboard 50 courses in four days for its client, the leading commodity management company EWIE Group of Companies (EGC). On average, Amesite is able to provide a custom-branded, enterprise-scale system for clients within just 24 hours, and its easy-to-use platform means custom-developed content is fully accessible within only one month. Other companies in the space include Coursera Inc. (NYSE: COUR), 2U (NASDAQ: TWOU) and Powerschool Holdings Inc. (NYSE: PWSC). According to Amesite – citing data from a third-party source – Amesite has a higher positive consumer sentiment score and a lower negative sentiment score than any of its competitors. Learn more about how Amesite is disrupting education with AI. Amesite Inc., an artificial intelligence driven platform and course designer, provides online products in the United States. The company uses machine learning to offer a mass customized experience to learners. Its customers include businesses, universities and colleges, K-12 schools, and non-profit organizations. The company was incorporated in 2017 and is headquartered in Detroit, Michigan. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Amesite, Inc. +1 734-876-8141 info@amesite.com Company Website http://www.amesite.io

June 08, 2023 09:15 AM Eastern Daylight Time

Enhancing School Safety with Siyata Mobile's (NASDAQ: SYTA) SD7 Handheld Device and CrisisGo Integration

Siyata Mobile

Over recent years, the sanctity and safety of American schools have increasingly been threatened by a growing wave of violence. Despite the assumption that these institutions should be havens of learning and personal growth, stark realities of active shooter incidents, student violence against teachers, and escalating student-on-student altercations have disrupted this perception. A trend that goes beyond mere numbers and statistics, it represents a significant shift in the climate of schools across the country, leading to profound and pressing concerns over safety and security. In the wake of increasing safety concerns in K-12 schools across the United States, Siyata Mobile (NASDAQ: SYTA) and CrisisGo have partnered to provide a cutting-edge solution that enhances communication and safety preparedness. The integration of Siyata Mobile's SD7 handheld device with CrisisGo's safety platform offers a comprehensive solution to help schools stay connected and prepared for incidents, including active shooter situations. Siyata Mobile and CrisisGo Siyata Mobile is a developer and provider of communication solutions for enterprise customers, first responders, security guards, delivery/logistics companies, construction workers, and government agencies. Its products include a portfolio of push-to-talk/PTT over cellular (PoC) devices, such as rugged handsets and in-vehicle communication devices. Siyata Mobile also sells a family of cellular boosters for use in vehicles, homes, and large venues with weak signals. The company’s SD7 handset is designed for instant communication with an SOS panic button, providing a simple, easy-to-use solution for immediate communication. The SD7 is a versatile Push-to-Talk (PTT) device that can handle everyday incidents like fights or medical emergencies, to contacting first responders. The SD7 can also initiate a lockdown of the building, meeting Alyssa's Law requirements. On the other hand, CrisisGo is the leading safety platform & emergency solution trusted by over 16,000 schools. With CrisisGo, schools can cover the entire process and workflow required for safety and emergency response, integrate the technology needed to streamline safety and connect the people who make safety happen. Integration Capabilities of the SD7 and CrisisGo’s Platform The integration of the SD7 with CrisisGo's platform allows users to instantly trigger a CrisisGo panic alarm and receive mass notifications without requiring an app or login. With simple clicks of the SD7 SOS button, users can trigger a Staff Assist alert or a Lockdown alert. After triggering an alert, users can record voice information (up to 20 seconds upon configuration) to send with the alert. Alert announcements and voice information will be automatically played in SD7 when an alert is sent to the device. The SD7 handset also supports two-way communication, allowing for more effective communication between dispatch and users. It provides an immediate, two-way connection with first responders, ensuring they have all the information needed to aid in the current crisis. This feature is particularly crucial in active shooter situations where immediate communication with first responders can save lives. Furthermore, the SD7 handset can be used in a vehicle kit on school buses, providing precise location data and PTT abilities. This feature can be particularly useful during emergencies, allowing school dispatch to monitor the bus’s location and ensure that it stays on its designated route. The integration allows for the following specific functionalities: Send Alert: Upon CrisisGo integration, users can use the Siyata SD7 SOS button to trigger alerts. Three clicks of the SOS button trigger a Staff Assist alert, while seven clicks trigger a Lockdown alert. After triggering an alert, users will hear a notification sound from the SD7 device, and they may record voice information (up to 20 seconds upon configuration) to send with the alert. Receive Alert: Alert announcements and voice information will be automatically played in SD7 when an alert is sent to the device. This feature ensures that all users are immediately aware of any emergencies and can respond accordingly. Check In: When a Check In is sent to a device, the SD7 plays a notification tone and vibrates for 10 seconds, displaying the Check In question and one of the options on OLED. Users can turn the SD7 knob to switch to show other options for check-in questions and press down on the knob to select the option shown on OLED for submission. Receive Messages: When a text or audio message is sent to a device, the SD7 plays a notification tone, vibrates for 10 seconds, and displays the message content or notification on OLED. Users can press down on the knob to play audio, stop playing, or remove the audio message from the SD7. Safety iControl Access: Users can access Safety iControl, the smart command center for school administrators to initiate, manage, and monitor safety activities. This feature allows users to send alerts, check-ins, and text messages, escalate and share with external first responders or communities, manage school maps and resources, and view real-time situations on GIS. Advantages of the SD7 + CrisisGo Compared to the Old LMR System The advantages of the SD7 integrated with CrisisGo are numerous, and it represents a significant improvement over the traditional Land Mobile Radio (LMR) system. Firstly, the SD7 provides an intuitive, straightforward interface that simplifies the process of communication during emergencies. Unlike the LMR system, which can be susceptible to signal interference, the SD7's digital interface is seamless and offers a clear, uninterrupted connection. Additionally, the SD7's integration with CrisisGo enhances its functionality by allowing for the instant triggering of panic alarms and mass notifications, a capability that the LMR system lacks. Furthermore, the SD7's Push-to-Talk (PTT) capability allows for instant communication, a feature that is critical during emergencies. This instant communication capability far surpasses the LMR system, which often requires several steps to establish a communication channel. The SD7's two-way communication feature also enhances the flow of information between the users and first responders, ensuring they have all the necessary details in real time. Unlike the LMR system, the SD7 uses cellular networks that allow the user access to nation-wide coverage compared to limited-ranged radio networks. This means the SD7 can be used in a multitude of environments and situations, such as on school premises, on field trips, at sporting events and other locations effectively without worry of radio connectivity. Lastly, the SD7 offers the potential for integration with vehicle systems, providing precise location data and enhancing the safety of school buses, a feature that the LMR system cannot match. Through these advancements, the SD7 and CrisisGo integration offers a modern, comprehensive solution that greatly surpasses the capabilities of the traditional LMR system in ensuring the safety of K-12 schools. Siyata Has Secured Large Purchase Orders Recently, While Continuing to Expand its Distribution Footprint Siyata Mobile has recently received multiple significant orders for its products and has continued to expand its distribution network. In total, Siyata has recently received orders with a combined value of $3.85 million: In terms of recent orders, the company has announced a $1.2 million order for its UV350 In-Vehicle Devices and “Siyata Real-Time View,” from a repeat customer adding more devices to their fleet of ambulances. The 'Siyata Real-Time View' product provides in-fleet video monitoring, offering high-resolution video that can be accessed in real-time or retrieved later via cloud storage. The video software creates a recurring revenue stream for Siyata from a license fee. Siyata also received a $750,000 order for its next-generation MCPTT (mission-critical push-to-talk) solution from an independent emergency management service (EMS) provider. This order includes the company's SD7 devices and related accessories, which will be used in a variety of mission-critical situations, including in ambulances and other emergency vehicles. The SD7 device operates over the high bandwidth 4G LTE network and is IP68 rated, making it resistant to water, dust, and drops, perfect for use in harsh environments. The company also secured a $900,000 order to supply a U.S. public school district with its SD7 handsets and accessories. This order represents the company's largest in the education market to date. The SD7 handset will provide teachers and school staff with a reliable means of communication and the ability to notify first responders in case of an emergency. Furthermore, a school district in the Southwest U.S. placed a $600,000 purchase order with Siyata to equip teachers with SD7 handsets and associated accessories, which will enable direct communication capabilities with first responders and other school officials. On June 5 th, Siyata received an additional purchase order of $400,000 for its SD7 handsets and their associated VK7 vehicle kits. The order effectively expands the company’s SD7 footprint into the education, healthcare and construction sectors. On the distribution front, Siyata announced a distribution reseller agreement with Two Way Direct, Inc. in April 2023 to offer the SD7 device nationally. In addition, Siyata has announced a global expansion into the Netherlands through a distribution deal with KPN Royal Dutch Telecom, a leading telecommunications and IT service provider in the region. As a part of the deal, KPN will now offer the SD7 device and associated accessories through its KPN PTT service. This offering is primarily targeted at medium and large-scale government and corporate entities. In addition to KPN, Siyata’s distribution features wireless carrier partners include AT&T, FirstNet, Verizon, T-Mobile, U.S. Cellular, Bell Mobility (Canada), and Telstra (Australia). Fundamental Research Corp. Issues Updated Research Report Giving Siyata a Fair Value of $0.46; Zacks Investment Research Issues Price Target of $0.75 Equity research company, Fundamental Research Corp., issued an updated report on Siyata dated May 30, 2023. In the report, the firm highlighted the strong growth that is being driven by the SD7 handheld devices. As a result, the firm reiterated its “buy” rating for Siyata and issued a fair value price of $0.46. On an estimated basis for full-year 2023, Fundamental Research Corp. believes Siyata could generate total revenue of $10.38 million while maintaining a strong financial footing with cash estimates of $489,521, total assets of $15.01 million and working capital of $1.35 million. For the full-year 2024, the equity research firm estimates revenues growing to $14.81 million and the company's financial position further improving: estimated cash holdings of $1.03 million, total assets of $15.69 million, and working capital of $1.86 million. “We believe SYTA should be able to maintain its growth momentum in the coming quarters, driven by new distribution partners,” noted the equity research report. On June 5, 2023, Zacks Investment Research also issued an updated equity research report, after the company’s strong Q1 2023 and recent updated on new sales and distribution opportunities. As a result of the equity research firm’s discounted cash flow (DCF) model, the company has issued a new price target of $0.75 for Siyata Mobile. “We believe Siyata Mobile is on track to generate strong double-digit revenue growth rates going forward. We expect overall gross margins to increase steadily from current levels as volume levels increase,” according to the Zacks report. “Based on our 2023 revenue estimates of $12.2 million, SYTA is selling at a Price/Sales ratio of approximately 0.65x. The peer group average Price/Sales ratio is 2.35x and the sector median is 2.73x. These relative valuations support a significantly higher stock price for SYTA,” Zacks analysts concluded. Conclusion In the face of burgeoning school safety concerns, the partnership between Siyata Mobile and CrisisGo, fusing the SD7 handheld device and CrisisGo's safety platform, presents a groundbreaking solution designed to reinforce preparedness and communication during emergencies. The integration capitalizes on the strengths of each technology, creating an intuitive and effective tool that streamlines the process of initiating a response, managing safety workflows, and enabling immediate, two-way communication with first responders. Far superior to traditional Land Mobile Radio systems, the SD7-CrisisGo integration allows for a real-time panic alarm activation, mass notifications, and immediate communication, both in daily scenarios and critical incidents. An invaluable feature is the device's adaptability for use in school buses, augmenting safety through precise location data and push-to-talk capabilities. Siyata Mobile's recent success in securing significant purchase orders and expanding its distribution network underscores the market's recognition of the potential these innovations carry. Notably, the $900,000 order from a U.S. public school district represents a landmark in the education sector, signifying the industry's trust in Siyata Mobile's ability to deliver reliable and efficient solutions. Furthermore, Siyata's global expansion strategy, as demonstrated by its partnership with Two Way Direct, Inc. and KPN Royal Dutch Telecom, widens the reach of these transformative solutions. Finally, Fundamental Research Corp's "buy" rating for Siyata, along with an encouraging revenue growth projection, reflects the industry's optimism about the company's growth trajectory, largely driven by the SD7 handheld devices. Therefore, Siyata Mobile's concerted efforts towards innovative solutions for school safety represent a game-changing approach to meet the urgent needs of today's educational institutions. Disclaimer: Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement. All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated one thousand dollars for the creation and dissemination of this content by the company. This material does not represent a solicitation to buy or sell any securities. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management. The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings. Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions. Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/ The Post " Enhancing School Safety with Siyata Mobile's (NASDAQ: SYTA) SD7 Handheld Device and CrisisGo Integration " First Appeared On Spotlight Growth. Contact Details Siyata Mobile Spotlight Growth info@spotlightgrowth.com

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