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Introducing the GE Safety Helmet with patented technology by Caco America LLC

Caco Abbo Internacional

Caco America LLC a subsidiary of Caco Abbo International, S.A., leader for more than 36 years in the PPE market with sales in more than 35 countries and the exclusive licensee of GE, for the design, manufacturing, and distribution of GE branded personal protective equipment (“PPE”) products for the Americas, is pleased to announce the launch of the GH400 safety helmet with a patented technology at the next NSC show September 2022 in San Diego, CA. Booth 2131. Caco America LLC is committed in bringing the best technologies and designs to the workforce to improve the occupational safety, health, and well-being of workers. The Future of the safety helmet has arrived with the GE branded, safety helmet (part number GH400). In partnership with Koroyd™ Technologies, Caco America has designed one of the lighter, smaller, and more breathable helmets in the industry. The GH400 protective helmet is engineered with the patented Koroyd™ impact-absorbing technology. Its cross-ventilation cooling feature and light weight provide the user with the most comfortable fit in the market. It facilitates the job through an array of accessories available and gives the user a better-looking style due to its lower profile design. Available vented or non-vented. Type 1, Class C, and Class E. Please see the complete GH400 protective helmet brochure here. At the trade show, Caco America will also be presenting the GG244-FUSEFLEX gloves with a patent pending TPR design that has an A5 cut resistant feature as well as an IMPACT 2 protection. The GG244 FUSEFLEX is a foam nitrile patent pending TPR Impact Glove. This glove has the latest in engineering TPR protection to provide flexibility, comfort, and protection all day long. The 18-gauge liner was developed to feel light and thin while providing ANSI cut level 5 protection (A5) due to the components of its fibers. Its black foam nitrile palm coating provides outstanding dexterity, enhanced grip, and touchscreen compatibility. For even more protection, it has a longer cuff and a stitched reinforced crotch thumb. Please see our complete catalog here. About Caco Abbo Caco Abbo Internacional, S.A. was founded in 1986 by Mr Isaac Abbo V and his son Jose M Abbo. In 1992 Joel Abbo joined the company and expanded the development of products and international sales. Today, Caco Abbo International, S.A. is one of the top Import/Export Companies in the Americas with sales in more than 35 countries. www.cacoamerica.com About GE GE (NYSE:GE) rises to the challenge of building a world that works. For more than 125 years, GE has invented the future of industry, and today the company's dedicated team, leading technology, and global reach and capabilities help the world work more efficiently, reliably, and safely. GE's people are diverse and dedicated, operating with the highest level of integrity and focus to fulfill GE's mission and deliver for its customers. www.ge.com Contact Details Caco America LLC Isaac Joel Abbo +1 305-512-1150 sales@cacoamerica.com Company Website https://www.geppe.cacoamerica.com/

September 07, 2022 12:46 PM Eastern Daylight Time

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Chinachem Group Confirms with Helical The Purchase of a London Office Building at £158.5 million

Chinachem Group

HONG KONG SAR - Media OutReach - 7 September 2022 - Chinachem Group (the “Group”) today announces that the Group has confirmed with Helical Plc for the purchase of the 150-year long leasehold interest of Kaleidoscope, an office property situated in an emerging new tech cluster in London, at £158.5 million, reflecting a capital value of £1,789 psf. The lease from Transport for London was granted in 2018 and has a head rent geared to 10% of contracted rents. Completion is due to take place in ten days. This transaction marks the Group’s first overseas acquisition, which will help drive its portfolio diversification and sustainable growth. Newly completed in 2019, this six-storey 88,580 sq. ft. office building sits above the Farringdon East Crossrail Station. This well-connected area has attracted many tech companies to settle there, while the UK headquarters of Amazon and Snapchat are nearby. Situated at Lindsey Street, EC1, Kaleidoscope is currently fully occupied by Tiktok, the popular short form video hosting service owned by ByteDance, who took a 15-year lease in March 2021 at £7,633,053 per annum (an average rent in excess of £86 psf). The PLP designed scheme is accredited BREEAM Excellent, WiredScore Platinum and provides a 5,000 sq. ft. roof terrace together with spa quality end of journey facilities and features integrated artwork by Dutch artists De Makers Van. Donald Choi, Executive Director and CEO of Chinachem Group, said: “We’re delighted to have acquired Kaleidoscope successfully as it is located in a prime position in one of London’s most dynamic, vibrant and culturally rich sub-markets with impressive rental growth. We intend to hold this property for long-term investment.” He added: “Having now made our London entrance, we will incrementally increase our exposure in gateway cities of other major developed markets in order to move further forward our diversification objectives and build a long-term resilient income stream. However, Hong Kong still remains our home and the core market of our business operations.” Matthew Bonning-Snook, Property Director at Helical, commented: “ Kaleidoscope was the first over station development to complete on the Elizabeth Line and we were able to attract one of the world’s fastest growing tech businesses due to its striking design, highly accessible location, excellent amenities and strong environmental credentials. We will now seek to recycle the proceeds from the sale into delivering new highly sustainable ‘best-in-class’ Central London office schemes, where occupier demand remains strong.” Click here for high-resolution image About Chinachem Group Since 1960, Chinachem Group has been a leading property developer in Hong Kong, with a portfolio covering residential, commercial, retail and industrial buildings for sales and investment, in addition to operating hotels and property management services. The Group actively seeks to make a positive contribution to society through its adherence to the ‘Triple Bottom Line’, a commitment that its activities will benefit People, bring Prosperity to the community and preserve the Planet. Please visit www.chinachemgroup.com/en Contact Details Chinachem Group David Woo, Project Advisor, Corporate Communications +852 2500 7344 davidwoo@chinachemgroup.com

September 07, 2022 09:00 AM Eastern Daylight Time

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MetaProp Names Industry Vet Dana Wildeboer As Vice President of Marketing

MetaProp

MetaProp —the world’s leading venture capital (VC) firm focused on the PropTech industry—today announced the addition of industry vet, Dana Wildeboer, as its Vice President of Marketing. Wildeboer joins the firm after spending five years with MassChallenge—the global network for innovators that runs an ecosystem of zero-equity startup accelerators—Dreamit, Hulu, and the University of Southern California. With nearly 20 years of marketing experience, Wildeboer’s unique skill set spans creating experiences for companies to activate ideal clients through content strategy, large scale events, strategic public relations, digital brand engagements, and more. “Our firm has established its global brand as the early stage VC firm known for our award-winning investment team, top performing portfolio, and notable partnerships with the industry’s most respected brands,” said MetaProp Partner Maureen Waters. “Dana’s vast global marketing experience and innovative work with startups will be a valuable addition to MetaProp as we continue to grow our reach & service our portfolio, LPs, and the PropTech ecosystem.” Wildeboer will deepen MetaProp’s marketing competency and drive the marketing function to raise awareness and educate global audiences about the impact of PropTech and MetaProp’s work across the real estate value chain. She will also strategically support MetaProp portfolio companies with their marketing strategy while helping MetaProp founders accelerate startup growth. Prior to MetaProp, Wildeboer led global marketing and communications for MassChallenge. Within this role, she fostered MassChallenge’s global alignment at all levels to promote and exemplify cross-collaboration, simultaneously executing a global marketing strategy that met growth goals and propelled the organization forward. Wildeboer previously served as the Director of Strategic Client Solutions for Sol Marketing, responsible for content strategy for all clients and company operations – including managing $1M in revenue for Fortune 100 clients. Prior to joining Sol Marketing, Wildeboer was Director of Entrepreneur Programs for DreamIt, building an “accelerator in a box” solution that allowed the company to scale to five locations across two core programs. She also spent a year and a half at Hulu, where she acted as International Communications Lead and served at the University of Southern California, supporting early-stage startups and contributing to ground-breaking programs, including producing the first TEDx event, TEDxUSC, in 2009. “I’ve dedicated my career to accelerating the future by working to build startups’ brands and the communities that propel success,” said Wildeboer. “As such – MetaProp has always been on my radar for the way they pioneer technological innovation in the largest global asset class via the relationships they’ve harnessed with their LPs and portfolio companies. I’m thrilled to have the opportunity to join the team and drive MetaProp’s next stage of growth.” About MetaProp MetaProp is a New York-based venture capital firm focused on the real estate technology (“PropTech”) industry. Founded in 2015, MetaProp’s investment team has invested in 175+ technology companies across the real estate value chain. The firm manages multiple investment funds for both financial and strategic real estate investors representing a pilot- and test-ready sandbox of 20+ billion square feet across every real estate asset type and global market with partners and investors from various parts of the world, including Ivanhoe Cambridge, PGIM, Mitsui Fudosan, CBRE, AECOM, Development Bank of Japan, Cushman & Wakefield, Swire Properties, JLL Spark, Sumitomo, GS Futures, Bridge Investments and others. The firm’s investment activities are complemented by pioneering community leadership including the PropTech Place innovation hub, MetaProp Accelerator at Columbia University programs, global events NYC Real Estate Tech Week and Propel by MIPIM NYC, and publications Global PropTech Confidence Index and PropTech 101. Contact Details Elise Szwajkowski +1 212-402-3495 eszwajkowski@marinopr.com

September 07, 2022 08:00 AM Eastern Daylight Time

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Amidst Inflation, People Are Becoming Hosts on Airbnb

YourUpdateTV

With inflation still a concern for people in the us and around the world, hosting is once again proving to be a vital tool to earn extra income. Recently, Ansel Troy, host of a Host of a tiny house in Oakland, conducted a satellite media tour to talk about his experience being an Airbnb Host and the financial benefits of listing a unique space on Airbnb. A video accompanying this announcement is available at: https://youtu.be/kv2NETtMVWI Airbnb started in 2008 during the Great Recession, at a moment in which people across the US and around the world were looking for new ways to earn extra income. Now, in the midst of a new economic downturn, hosting is once again proving to be a vital tool to earn. According to a recent survey conducted by Airbnb, 41 percent of Hosts in the US reported that one of the reasons they host is to earn money to help navigate rising prices. Airbnb is sharing new findings showing that new Hosts began opening their doors amidst growing inflation in Q2 2022 – as well as new insights into how these new Hosts are sharing their space as well as their ability to earn. More people start hosting as inflation increases Inflation has been climbing higher around the world. At the same time, more people have begun hosting, specifically in top tourism destination countries with high growth in inflation. While there are other factors that contribute to Host growth – including seasonality, demand and product initiatives – according to Airbnb’s analysis, on average, a one percentage point increase in the inflation rate in a top Airbnb market was correlated with a nearly four percentage point increase in the number of new Hosts in that country for Q2 2022. In the United States, where inflation hit 9.1 percent in June 2022, the number of new Hosts grew by more than 50 percent in Q2 2022, compared to Q2 2021. For new Hosts, it’s mortgages on their mind Hosts around the world have long shared that hosting helps them to afford their home – with the need to pay for their mortgage or rent even serving as a reason why many began hosting in the first place. According to an Airbnb survey, nearly 40 percent of Hosts in the US said that the income earned through hosting has helped them stay in their home in 2021. Now, with the cost of homeownership rising, new Hosts in the US are not only turning to hosting, but also may be hosting more frequently when they get started, to increase their earning potential and cover a larger mortgage. Regions with the greatest hikes in local residents’ mortgage payments also saw an increase in earnings for typical new Hosts in Q2 2022 – suggesting more hosting activity. In fact, according to Airbnb’s analysis, in Q2 2022, a $1 rise in the average American’s monthly mortgage payment – due to the hike in mortgage interest rates from three percent to six percent – was correlated with a 26-cents increase in a new typical Host’s earnings for the quarter. New Hosts see the opportunity to earn Inflation may be rising, but so too is the income Hosts are earning. As Airbnb has reported, in 2021, the typical Host in the US earned over $13,800 – an increase of 85 percent over 2019. The typical income of $13,800 represents over two months of pay for the median US household. For those who have begun hosting recently due to the changes in cost of living, the ability to earn is still strong: New Hosts earned a combined total of over $1.8 billion globally in 2021, up more than 30 percent from 2019. And this opportunity has continued into 2022 – including for younger Hosts, many of whom have discovered hosting as a way to fulfill their dreams even as new financial responsibilities and burdens stack up. In the first three months of 2022 alone, Hosts under 30 in the US alone earned approximately $200 million – after earning approximately $775 million in all of 2021. Hosts are sharing the space they have to get started now With these new economic pressures, more people are not only looking to start hosting, but also to do so flexibly – leveraging the space they have to earn, and quickly. New listings that were activated and booked in Q1 2022 are getting booked faster compared to a year ago, with the average time to get a first booking for the majority of new listings being about a week. In many cases, Hosts are tapping into the demand for more unique spaces to earn real income, with unique listings earning nearly $1 billion just in 2021. Take Host Ansel in Oakland, California, who decided to put a tiny home in his backyard and list it on Airbnb as a way to earn some passive income. After spending about $5,000 on the home itself, Ansel needed to get the rest of the space ready for guests on a budget. Though far from a trained designer, he purchased some tools, rolled up his sleeves and took to the web to teach himself everything from painting to propagating a plant wall in his bathroom – now one of the biggest selling points of his tiny home to guests. Since he began hosting in 2018, Ansel has earned more than $98,000, with the goal of setting up another listing in his home that he hopes will go viral. For Ansel, his own experience is proof that anyone can Host, and anyone can Host anywhere – a no brainer for people to consider hosting amidst economic flux. To find out more about hosting go to airbnb.com/host and get started. About Ansel Troy Ansel Troy is an Airbnb Super host in his hometown of Oakland, CA. His entrepreneurial start began when he was 14 selling newspaper subscriptions to help his mother with groceries and bills. With a propensity for helping others, he graduated from California State University East Bay with a degree in Ethnic Studies and pursued a career in Social Work. In 2013, he purchased a small fixer upper home in East Oakland and spent the next few years making DIY renovations. Four years later, Ansel was looking for a way to earn some passive income - he decided to lean into the tiny home craze and used the equity from his home to purchase a Tiny House to list on Airbnb. He didn’t have the funds to invest in contractors or designers for the fitout, so dove into a self-prescribed DIY YouTube rabbit hole to get the space ready to list. He parked the Tiny House in his backyard; guests loved the experience and responded with rave reviews. A few years into his Hosting journey, his son was diagnosed with Autism. Looking to spend more time at home with his son, Ansel decided to share his tiny home full-time, generating a source of income that helped to lighten the burden of worrying how he would care for him. In 2021, he resigned from a 13-year career in Social Work and currently works from home as a full-time Airbnb Host and Tiny House consultant. About Airbnb Airbnb was born in 2007 when two Hosts welcomed three guests to their San Francisco home and has since grown to 4 million Hosts who have welcomed more than 1 billion guest arrivals in almost every country across the globe. Every day, Hosts offer one-of-a-kind stays and unique Experiences that make it possible for guests to experience the world in a more authentic, connected way. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

September 01, 2022 12:06 PM Eastern Daylight Time

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PCMA Announces Continued Nationwide Expansion With The Addition of North Carolina To Our Lending Footprint

PCMA

PCMA, the pioneer and leading voice in Non-Bank Private Client Lending, announces the expansion of our Private Client services to the state of North Carolina – Company NMLS ID: 237710. The expansion of Private Client Lending into North Carolina highlights the extraordinary growth of PCMA and the continued growth in North Carolina’s luxury housing markets. “With both inflation and interest rates still rising, luxury real estate is an attractive hedge and a way to put your money to work”, says John R. Lynch, CEO and Founder of PCMA Private Client. “With so much in flux and all signs pointing towards a 10-year Treasury yield won’t surpass 3% by the end of 2022, luxury real estate acquisitions have become even more attractive.” PCMA Private Client understands the symbiotic relationship between wealth creations and real estate. According to a report produced The Institute for Luxury Home Marketing (ILHM), there has been an 180% increase in luxury property ownership over the past three years in North Carolina. The increase in Private Client wealth is in part due to a strong stock market, increased real estate prices and alternative lending solutions that circumvent the increasing rate environment. This has allowed Private Clients access to credit, fueling a strong real estate market across the state of North Carolina. “While the average home buyer continues to be hammered by the volatility in the mortgage rates, our Private Clients are not as impacted by the fluctuation in rates,” said Lynch. “Through asset-based lending and other bespoke lending solutions offered exclusively by PCMA, Private Clients can look past the tumultuous rate environment and focus on putting their money to work without risking long term investment strategies or paying all cash for a primary or secondary home.” PCMA’s expansion into the North Carolina market comes on the heels of both internal and external growth of the company and new subsidiaries. PCMA continues to experience an unprecedented growth of high-net-worth originations at a record pace throughout the first half of 2022 even in the face of rising interest rates. Continued growth has come with the addition of PCMA Capital Advisors and the expansion of direct and indirect origination channels. ABOUT PCMA PCMA is a vertically integrated Asset Origination and Convexity Management firm that specializes in Structured, Super Prime, Non-Agency, Private Client Credit. With its captive origination unit, PCMA has become the leading Non-Bank Private Client Lender in the U.S. What began as a linear venture has morphed into a vertical organization and industry leading incubator of ideas pushing the boundaries of innovation in high-capacity financial services. PCMA offers qualified individuals and institutions bespoke lending and advisory services across all major credit, and residential asset classes. PCMA is headquartered in Orange County, CA. Additional information is available at www.pcma.mortgage & www.pcma.us.com Forward-Looking Statements This release may contain “forward-looking statements,” which reflect the Company’s current views with respect to, among other things, its operations and financial performance. You can identify these statements by the use of words such as “outlook,” “anticipation”, “potential,” “continue,” “may,” “seek,” “approximately,” “predict,” “believe,” “expect,” “plan,” “intend,” “estimate”, “preparing” and similar expressions or the negative versions of these words or comparable words, as well as future or conditional verbs such as “will,” “should,” “would” and “could.” These forward-looking statements are based on current available operating, financial, economic and other information, and are not guarantees of future performance and are subject to risks, uncertainties and assumptions which are difficult to predict. Therefore, current plans, anticipated actions, financial results, as well as the anticipated development of the industry, may differ materially from what is expressed or forecasted in any forward-looking statement. The Company does not undertake any obligation to publicly update or revise any forward-looking statement to reflect future events or circumstances, except as required by applicable law Contact Details PCMA Private Client Jason Jepson +1 949-394-7033 jason.jepson@pcma.us.com Company Website https://pcma.partners

August 31, 2022 08:00 AM Eastern Daylight Time

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Talon Wall Holdings Files $150 Million Defamation Claim Against Reflection Window & Wall

Talon Wall Holdings, LLC

Talon Wall Holdings LLC and their related entities, Chicago Heights Glass Inc. and Entekk Group LTD, longstanding national leaders in commercial high-rise façade construction, recently filed a $150 million defamation counterclaim against Reflection Window & Wall, LLC (RWW) and its director of curtain wall, Joel J. Phelps, who formerly worked for Talon Wall. Talon Wall Holdings, LLC and the related entities had sued the defendants in 2021 for patent infringement, a case that has yet to be resolved. In the interim, RWW filed a lawsuit and published a press release that questioned the safety of Talon Wall®, a patented and revolutionary exterior aluminum and glass wall construction system for commercial buildings. Talon Wall Holdings LLC and the entities refute the RWW allegations and have filed the defamation claims in response. The counterclaim states that RWW “baselessly alleges that the Talon Wall System is not fire safe,” and “in an effort to compete through the courts rather than the marketplace” alleges that the Talon Wall entities committed “fraud.” The counterclaim calls the RWW allegations a “far-reaching and illogical conspiracy” and alleges that, in fact, the “Talon Wall System utilizes the same Window Wall Fire Safe Structure” as all the window wall systems that RWW and other façade manufacturers have been installing for decades, and which RWW has asserted “are known for exceeding fire safety objectives.” According to the counterclaim, “the Talon Wall System has been stringently evaluated by experts on fire safety through the process of approval for large projects throughout the country, and through third-party engineering judgments (including third-party fire testing).” The counterclaim further states that the “Talon Wall System meets or exceeds project specifications with class-leading thermal, structural, air, acoustic, seismic and water performance. It does not require field-applied acoustical, fire-safing insulation, mullion wraps, or fire sealant at floor slab interfaces. It does not require layout or presetting of unit anchors at mounting locations to floor slabs.” In fact, the Talon Wall System has been approved for use by multiple building departments for projects throughout North America, including in Chicago, New York, Denver, Toronto, Vancouver, San Francisco, Nashville, New Jersey, and Virginia, among others. It has also been awarded five United States patents. The counterclaim also alleges that RWW’s July 7, 2022, press release made numerous false statements about Chicago Heights Glass that constitute defamation, commercial disparagement, and slander. The claim further alleges that Phelps, now employed by RWW, breached his fiduciary duty to his former employer by disseminating confidential documents and that they “misquoted and misrepresented ASTM standards in an effort to scare monger and create suspicion when [they] knew that all test requirements were met and passed by the Talon Wall System.” The counterclaim attaches 26 certified engineering judgments and fire test reports for Talon Wall projects, which contradict RWW’s claims that Talon Wall is unsafe. A May 20, 2018, engineering judgment was actually directed to Phelps while he was employed by Entekk as its vice president. Phelps left Entekk in June 2020 to join RWW as its director of curtain wall. He helped RWW design a curtain wall system known as UWALL, which sparked the original patent infringement suit by Talon Wall. The counterclaim seeks damages of $150 million and asks the court to direct RWW and Phelps to retract all defamatory communications and false statements, enjoin them from making further defamatory statements, and disgorge profits from all unlawful activity. Chicago Heights Glass, Inc., a privately owned specialty subcontracting firm, and Entekk Group LTD, a privately owned specialty design and manufacturing firm, are both located in the southern Chicago suburbs and specialize in large commercial construction projects. More information on the company is available at www.chicagoheightsglass.com and www.entekk.com. The original patent infringement lawsuit and the recently filed counterclaim can be downloaded here and at www.LawsuitPressRelease.com. Contact Details LawsuitPressRelease.com John P. David +1 888-859-6637 john@LawsuitPressRelese.coom

August 25, 2022 01:52 PM Eastern Daylight Time

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American Equipment Holdings Expands Presence in Eastern United States Through Acquisition of Patriot Crane & Hoist

Rotunda Capital Partners LLC

American Equipment Holdings (“American Equipment”), a Rotunda Capital Partners portfolio company, has acquired Patriot Crane & Hoist (“Patriot Crane”), a leading provider of overhead crane maintenance, repair and overhaul (MRO) field services headquartered in Suwanee, Georgia, with operations throughout the Southeastern U.S. The acquisition of Patriot Crane marks the 11 th acquisition completed by American Equipment since partnering with Rotunda in May 2021. For nearly 20 years, Patriot Crane has been a leader in providing comprehensive overhead crane and hoist field service solutions in the most demanding customer environments, including repairs, inspection, and replacement parts, to customers across a diverse range of end markets throughout the Southeastern U.S. During this time, the team at Patriot Crane has distinguished itself with highly skilled overhead crane technicians and a proven customer-first mentality. Combined with American Equipment’s industry leading engineering and fabrication capabilities, technical expertise and best-in-class resources, this partnership enhances the value proposition for both existing and new customers from coast to coast. Patriot Crane will continue to be managed by Gregg Salyer and operate as a division of American Equipment. “The addition of Patriot Crane and their extensive east coast operations is a great win for customers,” said American Equipment CEO Adam Zimmerman. “Our goal at American Equipment has always been to provide a high-quality, one-stop-shop solution from coast to coast, and our partnership with the exceptional team at Patriot Crane is an integral step in delivering that benefit.” “I am thrilled about what this partnership means for Patriot Crane, both for our customers and our employees,” said Gregg Salyer, owner of Patriot Crane. “I believe in the vision that American Equipment has for this industry. The talent and resources supporting this organization create a value proposition like no other in our industry, which will greatly enhance the customer experience and provide meaningful career opportunities for our employees.” About American Equipment Holdings American Equipment Holdings is an organization of leading overhead crane and hoist distributors and field service providers, including American Equipment, Allied Crane, Eastern Crane & Hoist, Facilities Engineering, Kistler Crane & Hoist, Pacific Crane & Hoist, and Washington Crane & Hoist. The consolidated entity is one of the largest independently owned overhead crane and hoist solutions providers in the country, serving over 4,000 customers nationwide. Together, American Equipment Holdings companies provide comprehensive solutions for everything related to customers’ overhead crane and hoist needs, including OSHA mandated inspections, preventative maintenance and repair field services, parts, engineering, ISO certified fabrication, new and replacement equipment, automated systems, system modernizations and training. American Equipment Holdings represents the industry’s leading manufacturers such as Detroit Hoist, Columbus McKinnon, ACCO, R&M, Demag, Gorbel, Spanco, IMS, Harrington, Conductix, Magnetek & PE, among others, and customers rely on its service, design, engineering, fabrication, and installation capabilities to meet their unique application needs. American Equipment Holdings serves local, regional and national customers across a variety of end markets, including light & heavy industrial, automotive, mining, public utilities, military, aerospace & defense and energy, among others. For more information, visit www.amquipinc.com. American Equipment is aggressively seeking to acquire other overhead crane and material handling equipment, parts and service solution providers and is interested in acquisition opportunities presented by business owners, management, or M&A intermediaries. Please contact Ryan Aprill, Principal at Rotunda Capital Partners, regarding acquisition opportunities. About Rotunda Capital Partners Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial & business services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com. Contact Details Rotunda Capital Partners Jill Lafferty +1 847-280-1295 jill@rotundacapital.com Company Website https://www.rotundacapital.com

August 16, 2022 07:47 AM Eastern Daylight Time

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CORRECTING and REPLACING Generation Income Properties Announces Second Quarter 2022 Financial and Operating Results

Generation Income Properties

Generation Income Properties, Inc. (NASDAQ:GIPR) ("GIPR" or the "Company") today announced its financial and operating results for the period ended June 30, 2022. Highlights (For the 3 months ended June 30, 2022) Generated net loss attributable to GIPR of $1.05 million, or ($0.46) per basic and diluted share. Generated Core FFO of ($206) thousand, or ($0.09) per basic and diluted share. Generated Core AFFO of $36 thousand, or $0.02 per basic and diluted share. Commenting on the quarter, CEO David Sobelman stated, “This quarter has demonstrated our ability to exercise patience and discipline in this changing market environment, while strengthening our balance sheet and stabilizing our capital structure to allow us the platform to focus on acquiring assets accretive to our growth through the latter half of the year. We are hyper-focused on identifying new opportunities consistent with our current portfolio of tenants that we believe continues to prove its resiliency during economic headwinds.” Core FFO and Core AFFO are supplemental non-GAAP financial measures used in the real estate industry to measure and compare the operating performance of real estate companies. A complete reconciliation containing adjustments from GAAP net income to Core FFO and Core AFFO are included at the end of this release. Portfolio (as of June 30, 2022, unless otherwise stated) Approximately 85% of our portfolio’s annualized base rent ("ABR") as of June 30, 2022 was derived from tenants that have (or whose parent company has) an investment grade credit rating from a recognized credit rating agency of “BBB-” or better. Our largest tenants are the General Service Administration (Navy & FBI), PRA Holdings, Inc., Pratt and Whitney, and Kohl’s, all who have an ‘BB+’ credit rating or better from S&P Global Ratings and contributed approximately 66% of our portfolio’s annualized base rent. The Company’s portfolio is 100% rent paying and has been since our inception. Approximately 92% of our portfolio’s annualized base rent in our current portfolio provide for increases in contractual base rent during future years of the current term or during the lease extension periods. The average annualized base rent (ABR) per square foot at the end of the quarter was $15.53. Liquidity and Capital Resources $3.6 million in total cash and cash equivalents as of June 30, 2022. Total debt, net was $35.5 million as of June 30, 2022. Financial Results Total revenue from operations was $1.4 million during the three-month period ended June 30, 2022, as compared to $988 thousand for the three-month period ended June 30, 2021. This represents a year-over-year increase of 40% driven primarily by the acquisition of properties. Operating expenses, including G&A, for the same periods were $2.0 million and $1.3 million, respectively, due to increases in G&A, recoverable expenses and depreciation/amortization from recent acquisitions, and compensation costs. Net operating income (“NOI”) for the same periods was $1.1 million and $824 thousand, a 28% increase from the same period last year, which is a direct result of the acquisition of properties. Net loss attributable to GIPR for the three months ended June 30, 2022 was $1 million as compared to $370 thousand for the same period last year. Distributions On June 27, 2022, the Company’s Board of Directors declared a monthly distribution of $0.054 per common share and operating partnership unit to be paid monthly to holders of record as of July 15, August 15, and September 15, 2022. 2022 Guidance The Company is not providing guidance on FFO, Core FFO, AFFO, Core AFFO, G&A, NOI, or acquisitions and dispositions at this time. However, the Company will provide timely updates on material events, which will be broadly disseminated in due course. The Company’s executives, along with its Board of Directors, continue to assess the advisability and timing of providing such guidance to better align GIPR with its industry peers. Conference Call and Webcast The Company will host its second quarter earnings conference call and audio webcast on Monday, August 15, 2022, at 9:00 a.m. Eastern Time. To access the live webcast, which will be available in listen-only mode, please follow this link. If you prefer to listen via phone, U.S. participants may dial: 877-407-3141 (toll free) or 201-689-7803 (local). A replay of the conference call will be available after the conclusion of the live broadcast and for 30 days after. U.S. participants may access the replay at 877-660-6853 (toll free) or 201-612-7415 (local), using access code 13732104. About Generation Income Properties Generation Income Properties, Inc., located in Tampa, Florida, is an internally managed real estate corporation formed to acquire and own, directly and jointly, real estate investments focused on retail, office and industrial net lease properties in densely populated submarkets. The Company intends to elect to be taxed as a real estate investment trust. Additional information about Generation Income Properties, Inc. can be found at the Company's corporate website: www.gipreit.com. Forward-Looking Statements This press release, whether or not expressly stated, may contain "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. The words "believe," "intend," "expect," "plan," "should," "will," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These statements reflect the Company's expectations regarding future events and economic performance and are forward-looking in nature and, accordingly, are subject to risks and uncertainties. Such forward-looking statements include risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements which are, in some cases, beyond the Company’s control which could have a material adverse effect on the Company's business, financial condition, and results of operations. These risks and uncertainties include the risk that we may not be able to timely identify and close on acquisition opportunities, our limited operating history, potential changes in the economy in general and the real estate market in particular, the COVID-19 pandemic, and other risks and uncertainties that are identified from time to in our SEC filings, including those identified in our Annual Report on Form 10-K for the fiscal year ended December 31, 2021 filed on March 18, 2022, which are available at www.sec.gov. The occurrence of any of these risks and uncertainties could have a material adverse effect on the Company's business, financial condition, and results of operations. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statement made by us herein speaks only as of the date on which it is made. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof, except as may be required by law. Notice Regarding Non-GAAP Financial Measures In addition to our reported results and net earnings per diluted share, which are financial measures presented in accordance with GAAP, this press release contains and may refer to certain non-GAAP financial measures, including Funds from Operations ("FFO"), Core Funds From Operations ("Core FFO"), Adjusted Funds from Operations (“AFFO”), Core Adjusted Funds from Operations ("Core AFFO"), and Net Operating Income (“NOI”). We believe the use of Core FFO and Core AFFO are useful to investors because they are widely accepted industry measures used by analysts and investors to compare the operating performance of REITs. FFO and related measures including NOI should not be considered alternatives to net income as a performance measure or to cash flows from operations, as reported on our statement of cash flows, or as a liquidity measure, and should be considered in addition to, and not in lieu of, GAAP financial measures. You should not consider our Core FFO or Core AFFO as an alternative to net income or cash flows from operating activities determined in accordance with GAAP. Our reconciliation of non-GAAP measures to the most directly comparable GAAP financial measure and statements of why management believes these measures are useful to investors are included below. Note 1: Subsequent to the issuance of the Company’s 2021 Form 10-K and Q1 2022 Form 10-Q, management of the Company identified an immaterial error in application of Accounting Standards Codification (ASC) 480-10, Distinguishing Liabilities from Equity. Specifically, the Company incorrectly classified the partnership interest of GIP Fund 1, LLC as Redeemable non-controlling interest rather than Non-controlling interest within Equity. The Company has accordingly corrected certain numbers in the prior year presentation above. Our reported results are presented in accordance with GAAP. We also disclose funds from operations ("FFO"), adjusted funds from operations ("AFFO"), core funds from operations ("Core FFO") and core adjusted funds of operations ("Core AFFO") all of which are non-GAAP financial measures. We believe these non-GAAP financial measures are useful to investors because they are widely accepted industry measures used by analysts and investors to compare the operating performance of REITs. FFO and related measures do not represent cash generated from operating activities and are not necessarily indicative of cash available to fund cash requirements; accordingly, they should not be considered alternatives to net income or loss as a performance measure or cash flows from operations as reported on our statement of cash flows as a liquidity measure and should be considered in addition to, and not in lieu of, GAAP financial measures. We compute FFO in accordance with the definition adopted by the Board of Governors of the National Association of Real Estate Investment Trusts ("NAREIT"). NAREIT defines FFO as GAAP net income or loss adjusted to exclude extraordinary items (as defined by GAAP), net gains from sales of depreciable real estate assets, impairment write-downs associated with depreciable real estate assets, and real estate related depreciation and amortization, including the pro rata share of such adjustments of unconsolidated subsidiaries. We then adjust FFO for non-cash revenues and expenses such as amortization of deferred financing costs, above and below market lease intangible amortization, straight line rent adjustment where the Company is both the lessor and lessee, and non-cash stock compensation to calculate Core AFFO. FFO is used by management, investors, and analysts to facilitate meaningful comparisons of operating performance between periods and among our peers primarily because it excludes the effect of real estate depreciation and amortization and net gains on sales, which are based on historical costs and implicitly assume that the value of real estate diminishes predictably over time, rather than fluctuating based on existing market conditions. We believe that AFFO is an additional useful supplemental measure for investors to consider because it will help them to better assess our operating performance without the distortions created by other non-cash revenues or expenses. FFO and AFFO may not be comparable to similarly titled measures employed by other companies. We believe that Core FFO and Core AFFO are useful measures for management and investors because they further remove the effect of non-cash expenses and certain other expenses that are not directly related to real estate operations. We use each as measures of our performance when we formulate corporate goals. As FFO excludes depreciation and amortization, gains and losses from property dispositions that are available for distribution to stockholders and extraordinary items, it provides a performance measure that, when compared year over year, reflects the impact to operations from trends in occupancy rates, rental rates, operating costs, general and administrative expenses and interest costs, providing a perspective not immediately apparent from net income or loss. However, FFO should not be viewed as an alternative measure of our operating performance since it does not reflect either depreciation and amortization costs or the level of capital expenditures and leasing costs necessary to maintain the operating performance of our properties which could be significant economic costs and could materially impact our results from operations. Additionally, FFO does not reflect distributions paid to redeemable non-controlling interests. Contact Details Investor Relations +1 813-448-1234 ir@gipreit.com Company Website https://www.gipreit.com

August 12, 2022 09:15 PM Eastern Daylight Time

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Article thumbnail News Release

Generation Income Properties Announces Second Quarter 2022 Financial and Operating Results

Generation Income Properties

Generation Income Properties, Inc. (NASDAQ:GIPR) ("GIPR" or the "Company") today announced its financial and operating results for the period ended June 30, 2022. Highlights (For the 3 months ended June 30, 2022) Generated net loss attributable to GIPR of $1.05 million, or ($0.46) per basic and diluted share. Generated Core FFO of ($206) thousand, or ($0.09) per basic and diluted share. Generated Core AFFO of $36 thousand, or $0.02 per basic and diluted share. Commenting on the quarter, CEO David Sobelman stated, “This quarter has demonstrated our ability to exercise patience and discipline in this changing market environment, while strengthening our balance sheet and stabilizing our capital structure to allow us the platform to focus on acquiring assets accretive to our growth through the latter half of the year. We are hyper-focused on identifying new opportunities consistent with our current portfolio of tenants that we believe continues to prove its resiliency during economic headwinds.” Core FFO and Core AFFO are supplemental non-GAAP financial measures used in the real estate industry to measure and compare the operating performance of real estate companies. A complete reconciliation containing adjustments from GAAP net income to Core FFO and Core AFFO are included at the end of this release. Portfolio (as of June 30, 2022, unless otherwise stated) Approximately 85% of our portfolio’s annualized base rent ("ABR") as of June 30, 2022 was derived from tenants that have (or whose parent company has) an investment grade credit rating from a recognized credit rating agency of “BBB-” or better. Our largest tenants are the General Service Administration (Navy & FBI), PRA Holdings, Inc., Pratt and Whitney, and Kohl’s, all who have an ‘BB+’ credit rating or better from S&P Global Ratings and contributed approximately 66% of our portfolio’s annualized base rent. The Company’s portfolio is 100% rent paying and has been since our inception. Approximately 92% of our portfolio’s annualized base rent in our current portfolio provide for increases in contractual base rent during future years of the current term or during the lease extension periods. The average annualized base rent (ABR) per square foot at the end of the quarter was $15.53. Liquidity and Capital Resources $3.6 million in total cash and cash equivalents as of June 30, 2022. Total debt, net was $35.5 million as of June 30, 2022. Financial Results Total revenue from operations was $1.4 million during the three-month period ended June 30, 2022, as compared to $988 thousand for the three-month period ended June 30, 2021. This represents a year-over-year increase of 40% driven primarily by the acquisition of properties. Operating expenses, including G&A, for the same periods were $2.0 million and $1.3 million, respectively, due to increases in G&A, recoverable expenses and depreciation/amortization from recent acquisitions, and compensation costs. Net operating income (“NOI”) for the same periods was $1.1 million and $824 thousand, a 28% increase from the same period last year, which is a direct result of the acquisition of properties. Net loss attributable to GIPR for the three months ended June 30, 2022 was $1 million as compared to $370 thousand for the same period last year. Distributions On June 27, 2022, the Company’s Board of Directors declared a monthly distribution of $0.054 per common share and operating partnership unit to be paid monthly to holders of record as of July 15, August 15, and September 15, 2022. 2022 Guidance The Company is not providing guidance on FFO, Core FFO, AFFO, Core AFFO, G&A, NOI, or acquisitions and dispositions at this time. However, the Company will provide timely updates on material events, which will be broadly disseminated in due course. The Company’s executives, along with its Board of Directors, continue to assess the advisability and timing of providing such guidance to better align GIPR with its industry peers. Conference Call and Webcast The Company will host its second quarter earnings conference call and audio webcast on Monday, August 15, 2022, at 9:00 a.m. Eastern Time. To access the live webcast, which will be available in listen-only mode, please follow this link. If you prefer to listen via phone, U.S. participants may dial: 877-407-3141 (toll free) or 201-689-7803 (local). A replay of the conference call will be available after the conclusion of the live broadcast and for 30 days after. U.S. participants may access the replay at 877-660-6853 (toll free) or 201-612-7415 (local), using access code 13732104. About Generation Income Properties Generation Income Properties, Inc., located in Tampa, Florida, is an internally managed real estate corporation formed to acquire and own, directly and jointly, real estate investments focused on retail, office and industrial net lease properties in densely populated submarkets. The Company intends to elect to be taxed as a real estate investment trust. Additional information about Generation Income Properties, Inc. can be found at the Company's corporate website: www.gipreit.com. Forward-Looking Statements This press release, whether or not expressly stated, may contain "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. The words "believe," "intend," "expect," "plan," "should," "will," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These statements reflect the Company's expectations regarding future events and economic performance and are forward-looking in nature and, accordingly, are subject to risks and uncertainties. Such forward-looking statements include risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements which are, in some cases, beyond the Company’s control which could have a material adverse effect on the Company's business, financial condition, and results of operations. These risks and uncertainties include the risk that we may not be able to timely identify and close on acquisition opportunities, our limited operating history, potential changes in the economy in general and the real estate market in particular, the COVID-19 pandemic, and other risks and uncertainties that are identified from time to in our SEC filings, including those identified in our Annual Report on Form 10-K for the fiscal year ended December 31, 2021 filed on March 18, 2022, which are available at www.sec.gov. The occurrence of any of these risks and uncertainties could have a material adverse effect on the Company's business, financial condition, and results of operations. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statement made by us herein speaks only as of the date on which it is made. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof, except as may be required by law. Notice Regarding Non-GAAP Financial Measures In addition to our reported results and net earnings per diluted share, which are financial measures presented in accordance with GAAP, this press release contains and may refer to certain non-GAAP financial measures, including Funds from Operations ("FFO"), Core Funds From Operations ("Core FFO"), Adjusted Funds from Operations (“AFFO”), Core Adjusted Funds from Operations ("Core AFFO"), and Net Operating Income (“NOI”). We believe the use of Core FFO and Core AFFO are useful to investors because they are widely accepted industry measures used by analysts and investors to compare the operating performance of REITs. FFO and related measures including NOI should not be considered alternatives to net income as a performance measure or to cash flows from operations, as reported on our statement of cash flows, or as a liquidity measure, and should be considered in addition to, and not in lieu of, GAAP financial measures. You should not consider our Core FFO or Core AFFO as an alternative to net income or cash flows from operating activities determined in accordance with GAAP. Our reconciliation of non-GAAP measures to the most directly comparable GAAP financial measure and statements of why management believes these measures are useful to investors are included below. Note 1: Subsequent to the issuance of the Company’s 2021 Form 10-K and Q1 2022 Form 10-Q, management of the Company identified an immaterial error in application of Accounting Standards Codification (ASC) 480-10, Distinguishing Liabilities from Equity. Specifically, the Company incorrectly classified the partnership interest of GIP Fund 1, LLC as Redeemable non-controlling interest rather than Non-controlling interest within Equity. The Company has accordingly corrected certain numbers in the prior year presentation above. Our reported results are presented in accordance with GAAP. We also disclose funds from operations ("FFO"), adjusted funds from operations ("AFFO"), core funds from operations ("Core FFO") and core adjusted funds of operations ("Core AFFO") all of which are non-GAAP financial measures. We believe these non-GAAP financial measures are useful to investors because they are widely accepted industry measures used by analysts and investors to compare the operating performance of REITs. FFO and related measures do not represent cash generated from operating activities and are not necessarily indicative of cash available to fund cash requirements; accordingly, they should not be considered alternatives to net income or loss as a performance measure or cash flows from operations as reported on our statement of cash flows as a liquidity measure and should be considered in addition to, and not in lieu of, GAAP financial measures. We compute FFO in accordance with the definition adopted by the Board of Governors of the National Association of Real Estate Investment Trusts ("NAREIT"). NAREIT defines FFO as GAAP net income or loss adjusted to exclude extraordinary items (as defined by GAAP), net gains from sales of depreciable real estate assets, impairment write-downs associated with depreciable real estate assets, and real estate related depreciation and amortization, including the pro rata share of such adjustments of unconsolidated subsidiaries. We then adjust FFO for non-cash revenues and expenses such as amortization of deferred financing costs, above and below market lease intangible amortization, straight line rent adjustment where the Company is both the lessor and lessee, and non-cash stock compensation to calculate Core AFFO. FFO is used by management, investors, and analysts to facilitate meaningful comparisons of operating performance between periods and among our peers primarily because it excludes the effect of real estate depreciation and amortization and net gains on sales, which are based on historical costs and implicitly assume that the value of real estate diminishes predictably over time, rather than fluctuating based on existing market conditions. We believe that AFFO is an additional useful supplemental measure for investors to consider because it will help them to better assess our operating performance without the distortions created by other non-cash revenues or expenses. FFO and AFFO may not be comparable to similarly titled measures employed by other companies. We believe that Core FFO and Core AFFO are useful measures for management and investors because they further remove the effect of non-cash expenses and certain other expenses that are not directly related to real estate operations. We use each as measures of our performance when we formulate corporate goals. As FFO excludes depreciation and amortization, gains and losses from property dispositions that are available for distribution to stockholders and extraordinary items, it provides a performance measure that, when compared year over year, reflects the impact to operations from trends in occupancy rates, rental rates, operating costs, general and administrative expenses and interest costs, providing a perspective not immediately apparent from net income or loss. However, FFO should not be viewed as an alternative measure of our operating performance since it does not reflect either depreciation and amortization costs or the level of capital expenditures and leasing costs necessary to maintain the operating performance of our properties which could be significant economic costs and could materially impact our results from operations. Additionally, FFO does not reflect distributions paid to redeemable non-controlling interests. Contact Details Investor Relations +1 813-448-1234 ir@gipreit.com Company Website https://www.gipreit.com

August 12, 2022 06:15 PM Eastern Daylight Time

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