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ECI Development, Marriott Break Ground on New 202-Key Oceanfront Hotel & Residences in Ambergris Caye, Belize

ECI Development

ECI Development today announced that it broke ground on a new Marriott branded hotel and residences on the island. Designed for travelers seeking a relaxed Caribbean lifestyle, the Belize Marriott Ambergris Caye Resort and Residences will be built on Ambergris Caye, Belize’s largest island known for its world-class scuba diving, fishing, water sports and white sandy beaches. “Now that we’ve seen an uptick in travel, we’re excited to begin building the new Marriott branded hotel and residences ECI Development is bringing to Ambergris Caye, one of the Caribbean’s most beautiful island destinations with famed access to the Belize Barrier Reef and dive sites,” said Michael K. Cobb, Chairman and CEO of ECI Development. “ECI has been creating inspired lifestyles for adventurous souls across Latin America for more than two decades, but we are particularly focused on this project and the opportunity to deliver a top-quality hotel and residence option from a treasured global brand.” The hotel, along with the Marriott Hotels-branded residential component, saw the first shovels of dirt turned January 14. The project will fuse old-world British charm and modern amenities while keeping an eye towards the heritage and history of Belize. ECI plans as many as 70 privately-owned branded residences as a part of the 202-key oceanfront resort. “We are excited to welcome the first Marriott Hotel to the beautiful shores of Belize,” said Laurent de Kousemaeker, Chief Development Officer, Caribbean & Latin America, Marriott International. “The Belize Marriott Resort and Residences of Ambergris Caye will be a stand out and attract travelers from around the world. As we continue to grow in Latin America, what a stunning location along this beautiful stretch of beach on Ambergris Caye to plant the Marriott Hotels brand flag.” "We welcome the Belize Marriott Residences of Ambergris Caye to the increasing number of new and modern brand name hotels in Belize. We are confident that the Belize Marriott Residences will be a partner in our sustainable brand of hospitality and sustainable tourism development. It is in partial fulfillment of our Plan Belize agenda, and testament to our promise that Belize is Open for Business," said Prime Minister of Belize, Honorable John Briceño. "I have every confidence that the Marriott will be a tremendous success in Belize." “Now available to this incredibly diverse and expansive market, Belize’s rich culture and unique attractions will be marketed to a discerning audience seeking both the thrill of a new place and the comforts of the familiar,” said Evan Tillett, Director of Tourism at the Belize Tourism Board (BTB). “Employees will also benefit through training and developing skill sets that will allow them to undertake a greater variety of work. There is always room for improvement and learning, and with specific goals and requirements under a brand, their abilities and skills will flourish.” Guests will have access to first-class restaurants, a rooftop lounge, conference and event space, a spa, fitness center and retail outlets. Amenities will also include a dive shop to cater to the island’s many visitors who come to explore the Belize Barrier Reef – the largest reef system in the northern hemisphere and a UNESCO World Heritage designated site. “As Belize continues to emerge as a top tourist and business destination for world travelers, the Belize Marriott Ambergris Caye Resort and Residences will contribute to the positive evolution of one of the jewels of Central America,” said Brian J. King, President, Caribbean & Latin America, Marriott International. “All of the best things seasoned travelers have come to expect from Marriott destinations around the globe will be brought to serve our guests on Ambergris Caye. That’s why we’re very excited to welcome this new hotel into Marriott International’s family of resorts as well as our Marriott Bonvoy loyalty program that boasts more than 160 million members worldwide.” With tourism accounting for 33.2% of Belize’s GDP, and approximately 40,000 jobs – or 30.1% of total employment, the positive economic impact of tourism from a trusted hotel brand like Marriott extends well-beyond the jobs created at the property. “The construction of the Belize Marriott Ambergris Caye Resort and Residences is a welcome respite to the Belize tourism industry after the devastation the pandemic has wrought worldwide. An anticipated 100+ jobs will be required during construction, and upon completion, close to 300 full-time employees will be needed for the oceanfront hotel. What’s more, the economic benefits will reach far beyond the hotel property as owners and guests participate in water sports like diving and snorkeling, explore Mayan ruins and shop for art, woodcrafts, and other souvenirs,” said Briceño. “From the farmers deep in the western villages providing fresh produce, to souvenir artists across the country, to the families who receive remittances from direct tourism service providers, the financial benefit to Belizeans will be immeasurable.” ECI Co-Founder and Chairman of Caye International Bank, Joel Nagel built upon Prime Minister Briceño’s comments stating that the hotel planned to work with local farmers, manufacturers, and craftsmen to supply much of the initial construction and ongoing supply needs for the hotel. “Our company has been a solid corporate citizen in San Pedro for nearly 30 years. We constantly strive to engage the local community in business, philanthropy, and all types of community service and engagement, including the creation and founding of the San Pedro Rotary Club,” said Nagel. “We believe that all ships rise with the high tide and we want the Marriott hotel to be another important engine for economic development and growth for San Pedro and for all of Belize.” In addition to the many economic benefits this project will bring, corporate social responsibility has been a priority for ECI from its founding. The company works tirelessly to ensure that the communities surrounding each project receive direct support through a variety of initiatives and partnerships. Since 2021, ECI has been directly involved with ACES Wildlife Rescue on Ambergris Caye, championing the wildlife organization’s efforts in the conservation and protection of Belize’s native wildlife and their habitats. Education Directors and Wildlife Rehabilitators Chris Summers and Christina Manzi can often be found rescuing animals, even the tamanuas, as well as rehabilitating mangroves along the coastline. “In 2021, the mangrove reforestation along stretches of beach and lagoon waters became a priority, as mangroves are critical for marine wildlife. That’s why ECI Development and Marriott International will continue full support of these critical habitat efforts long into the future,” said Ricardo Calo, Area Vice President, Marriott International, who will directly oversee the new hotel and residences. ***Hotel renderings and photos of the groundbreaking event available upon request.*** # # # About ECI Development ECI Development is a real estate developer working in Central and Latin America creating inspired lifestyles for adventurous souls. We create value through socially responsible development within our communities in Nicaragua, Belize, Costa Rica, Argentina, El Salvador, and Panama. More info is available at www.belizebrandedresidences.com. The Belize Marriott Residences Ambergris Caye Resort are not owned, developed or sold by Marriott Worldwide Corporation or its affiliates (Marriott). Grand Baymen Villas, LLC and Exotic Caye Beach Resort Limited use the Marriott marks under a license from Marriott, which has not confirmed the accuracy of any of the statements or representations made herein. Contact Details Ray Young +1 512-633-6855 ray@razorsharppr.com Company Website https://www.ecidevelopment.com/

January 27, 2022 08:30 AM Eastern Standard Time

PCMA Announces Continued Nationwide Expansion with the Addition of Connecticut 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 Connecticut - Company NMLS ID: 237710. The expansion of Private Client Lending into Connecticut highlights the extraordinary growth of PCMA and the continued growth in the Connecticut luxury housing market. 2020’s median sale price was $2.1 million, followed by a strong 2021 with median home sale prices reaching $2.3 million. Greenwich continues to be a leader in million-dollar home sales with over 540 transactions falling between $1 million and $3 million. Even with the elevated home prices, high-end homes sold quickly, averaging less than 10 days on the market. “High Net Worth households have migrated from New York to Connecticut in record numbers over the past year, keeping the high-end housing market red hot,” said John R. Lynch, CEO and Founder of PCMA.” We take a holistic approach to High Net Worth Lending when working with our clients and their advisors in the acquisition of prized real estate assets, repositioning obligations, or unlocking liquidity in their respective real estate portfolios.” PCMA’s expansion into the Connecticut market comes on the heels of both internal and external growth of the company. PCMA continues to experience an unprecedented growth of high-net-worth originations at a record pace as we enter 2022 even in the face of rising interest rates, adding to its already impressive C suite bench, and continuing to expand its direct and indirect origination channels. “The Private Clients of Connecticut are under leveraged and over-weighted in excess basis due to record home appreciation, and PCMA is in a perfect position to help high-capacity households unlock liquidity, acquire assets, and lock in long term debt in a manner not available in traditional private banking relationships,” said Lynch. “The Collective is a streamlined approach to asset-based lending without the need to collateralize or pledge vested holdings. These bespoke flexibilities were not available to the High-Net-Worth Communities of Connecticut prior to our expansion.” 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.us.com Contact Details Pcma Private Client Jason L Jepson +1 949-394-7033 jason.jepson@pcma.us.com Company Website https://pcma.mortgage/

January 26, 2022 11:00 AM Eastern Standard Time

Tribevest Secures $3 Million in Seed Round Funding to Enable Friends, Family, and Like-minded People to Invest as a Group

Tribevest

Tribevest, the platform that allows friends and family to invest together, announced it raised $3 million in a seed funding round. Investors in the round include I2BF Global Ventures, Mucker Capital, Gaingels, Vibe Capital led by Teachable Founder Ankur Nagpal, and Ryan Leslie, the founder of SuperPhone and Grammy-nominated recording artist. In an unprecedented approach, Leslie led an investor group that included Rashad Bilal and Troy Millings from The Earn Your Leisure Podcast in utilizing Tribevest's platform to participate in Tribevest's seed round. Tribevest’s platform allows investor groups to easily form LLCs, create operating documents, establish their FDIC bank accounts, and handle annual compliance. Through Tribevest’s collaborative dashboard, investor tribes can access their documents, pool capital, and transact as a single entity. Based in Columbus, Ohio, Tribevest started in 2018 after its founder Travis Smith struggled with the process, roadblocks, and fees required to invest as a group with his brothers. “We’re doing something special here at Tribevest that no one has ever done before and the investing world is taking notice,” said Smith. “I’m incredibly proud to see many of our company’s investors use Tribevest to pool capital and, in turn, use those dollars to participate in our funding round. This capital will allow us to continue to grow, add to our incredible team, and ensure that Tribevest becomes a household name in investing.” “Tribevest solves a problem for investor groups of all sizes and levels of sophistication,” said Ilya Golubovich, Managing Partner of I2BF Global Ventures. “Investing as a group previously took hiring expensive lawyers, navigating antiquated banking procedures, and overcoming so many question marks. We’re incredibly impressed by Travis and his team and look forward to taking this journey to grow a platform that brings simplicity to group investing.” “Making more millionaires is more important than making more millions,” said Leslie. “I view Tribevest as a platform that can level the playing field and help democratize capital. I look forward to continuing my journey of educating my community about investment strategies they may have never thought possible.” “As the largest investor network focused on supporting and investing in the best venture-backed companies that embrace and value diverse leadership, including LGBTQ+, Gaingels is proud of participating in Tribevest’s financing,” said Lorenzo Thione, Managing Director of Gaingels. “We are resolved on helping Tribevest grow and scale while strengthening its prospects of success by building a culture that reflects the diversity of its executive teams, staff, and customers.” Over the last year, Tribevest saw significant growth as investor group creation increased 10x in 2021. To date, 60% of tribes invest in more than one investment type. Real estate investments lead the way with 53% of tribes investing in multi-family properties, 32% investing in vacation homes, and another 32% in syndications. Tribes invest in small business ventures 45% of the time, while 24% invest in stocks, 22% invest in cryptocurrency, and 7% invest in collectibles. About Tribevest Founded in 2018, Tribevest is a collaborative, group investing platform that enables friends, family, and like-minded people to organize as an investor group, pool money, and manage co-owned investments. Based in Columbus, Ohio, Tribevest was founded by entrepreneur Travis Smith. Tribevest believes that forming and funding small to mid-sized investment groups will allow the general U.S. population to uncover a wealth of viable investment pathways to achieving personal financial freedom. Learn more about Tribevest at Tribevest.com or follow the company on LinkedIn, Twitter, Instagram, and Facebook. About I2BF Global Ventures I2BF Global Ventures, an international venture capital group focused on early-stage technology investments with over $500 million under management. I2BF backed 100+ companies operating in the areas of deep tech, digital transformation, and the future of content industries. For more information please visit www.i2bf.com. About Gaingels Gaingels is the leading investment syndicate in support of and representing the LGBTQ community and allies in the venture capital space. With over $380,000,000 deployed into a portfolio of over 600 companies since 2018, Gaingels is also the co-founder of Mathison.io and provides an internal at-cost diverse board member/observer recruitment advisory for our portfolio companies. Gaingels invests in companies with LGBT founders and C-suite leaders at all stages of growth, as well as in other high-growth companies resolved on building more inclusive teams. Gaingels is a founding co-signer of the Diversity Term Sheet Rider Initiative to increase access to venture funding events for non-traditional check writers, and regularly co-invests with select VC leads across a variety of sectors, from technology, to B2B, healthcare and consumer, in competitive and over-subscribed rounds from Seed to Growth/pre-IPO. For more information visit www.gaingels.com. # # # Contact Details Eric Nemeth nemeth@ericpr.com Company Website https://www.tribevest.com/

January 25, 2022 08:55 AM Eastern Standard Time

GENERATION INCOME PROPERTIES APPOINTS ALLISON DAVIES AS CHIEF FINANCIAL OFFICER

Generation Income Properties

Generation Income Properties (NASDAQ: GIPR), a real estate investment company that acquires and owns single-tenant retail, office, and industrial net-leased properties, announced today that it has appointed Allison Davies as its Chief Financial Officer effective February 28, 2022. Ms. Davies joins GIPR from Regency Centers (NASDAQ: REG), where she spent the last fifteen years positioning herself as a strong organizational leader with expertise in accounting and corporate finance in the public REIT space. In her most recent role with Regency, she led a team of approximately 65 employees and worked closely with the capital markets, underwriting, and acquisitions/dispositions teams. As CFO for GIPR, Ms. Davies will lead the accounting, corporate finance, and capital markets functions. She will work in concert with GIPR’s executive management team and Board of Directors to establish GIPR as a best-in-class real estate investment trust (REIT). David Sobelman, GIPR's President and CEO, commented, "We are thrilled to welcome Allison to the GIPR team! In addition to her technical expertise within REIT accounting, Allison embodies our core company values. Regency Centers has the reputation of having an exceptional REIT accounting and finance team, as well as an inclusive corporate culture, and we are eager to have her contributions help mold the future of GIPR." Prior to Regency Centers, Ms. Davies was with KPMG in its audit group where her clients entailed both real estate and operating companies. She is currently the Treasurer of the North Florida Chapter of the Urban Land Institute (“ULI”) and has previously participated and led ULI’s Women’s Leadership Initiative. Ms. Davies holds a Bachelor of Business Administration and Master of Accountancy degrees from the University of Tennessee and is a Certified Public Accountant (CPA) licensed in the state of Florida. Commenting on her new appointment, Ms. Davies stated, "I will forever cherish the experience and growth opportunities Regency Centers has given me, as well as the many strong relationships I have built over the past 15 years. After meeting the extraordinary GIPR team and Board of Directors and learning what they have already accomplished, I am excited to contribute to GIPR's trajectory." Ms. Davies’ full bio can be found on the Company’s website at www.gipreit.com. 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 located primarily in major United States cities. 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 contains statements that constitute "forward-looking statements" that are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and preliminary prospectus for the Company's offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Contact Details Generation Income Properties Investor Relations +1 813-448-1234 ir@gipreit.com Company Website https://www.gipreit.com

January 25, 2022 08:30 AM Eastern Standard Time

Chicago Heights Glass Sues Reflection Window & Wall for Patent Infringement of Talon Wall® System

Chicago Heights Glass

Chicago Heights Glass, Inc., a longstanding leader in commercial high-rise façade construction in the Chicago metropolitan area, and related entities recently filed a multi-count, federal patent infringement lawsuit against former employee Joel J. Phelps and Reflection Window & Wall, LLC (RWW), and others. The plaintiffs, including Chicago Heights Glass, Inc., Talon Wall Holdings, LLC, and Entekk Group Ltd., patented a revolutionary exterior aluminum and glass wall construction system for commercial buildings, known as Talon Wall®, which greatly reduces the labor, material, and installation costs for curtain wall systems on high-rise buildings. They are marketing and installing it nationwide. The Talon Wall system is stronger, less expensive, and easier to install than traditional façade systems. According to the lawsuit, Phelps and RWW have created and have installed a knock-off building façade called “Uwall or “U-8000” that incorporates the patented Talon Wall system. The lawsuit further alleges that the defendants knowingly violated the Talon Wall patents. Contracts to construct exterior façade walls for commercial medium and high-rise structures are frequently worth $5-50 million. The lawsuit seeks damages and asks the court to enjoin the defendants from using the patented Talon Wall System. According to the lawsuit, additional contracts to use the knock-off system have been proposed by the defendants for planned high-rise buildings in Chicago and elsewhere. For many years, high-rise buildings have been enclosed in aluminum and glass facades using systems developed decades ago. Chicago Heights Glass Inc. President Kurt LeVan invented the Talon Wall system, which differs significantly from traditional methods by attaching prefabricated glass and aluminum panels to the building floor slabs in a unique fashion. Installing prefabricated aluminum and glass panels this way makes them stronger, easier to fabricate, and easier to install by much smaller work crews. The Talon Wall system is therefore superior to and dramatically less expensive than traditional methods, and the Talon Wall system has become the preferred standard for many high-rise construction projects. The lawsuit alleges that former Chicago Heights employee Phelps left the company abruptly in June of 2020. According to the lawsuit, he had substantial knowledge regarding the technical details, advantages, and market opportunities for the Talon Wall system. The lawsuit also states that Phelps was obligated to return certain materials to Chicago Heights but failed to do so. The lawsuit adds that armed with the confidential information about the Talon Wall system, Phelps was promptly hired by RWW, a direct competitor. The lawsuit further alleges that: “With full awareness that the Talon Wall System was a patented and superior product to anything being offered by RWW, Phelps both individually and in his capacity as an executive officer of RWW, along with RWW, created knock-off systems.” The lawsuit also names as defendants several construction companies and building owners, including: Pepper Construction Co., Provident Group UIC Surgery Center, LLC, LendLease (US) Construction Inc., 1400 Land Holdings, LLC, and others. According to the complaint, the UI Outpatient Surgery Center located at 1009 South Wood Street in Chicago was built with the knock-off system, and a new building at 1400 South Wabash is under contract to use the patent-infringing system. LeVan devised and developed the Talon Wall System over a period of years and went through the rigorous U.S. patent process. The company will continue to vigorously defend its intellectual property against such violations, including against contractors and building owners that use it. Chicago Heights Glass, Inc. is a privately owned specialty manufacturer and subcontracting firm located in the southern Chicago suburbs that specializes in commercial construction projects. More information on the company is available at www.chicagoheightsglass.com. The lawsuit can be downloaded here and at www.LawsuitPressRelease.com. Contact Details LawsuitPressRelease.com John P. David +1 888-859-6637 john@lawsuitpressrelease.com

January 24, 2022 08:01 AM Central Standard Time

GENERATION INCOME PROPERTIES ANNOUNCES COMPLETION OF STARBUCKS PROPERTY UPREIT TRANSACTION

Generation Income Properties

Generation Income Properties, Inc. (NASDAQ: GIPR) (“GIP” or the “Company”) announced the acquisition of a 2,600 SF single-tenant retail building in Tampa, Florida for total consideration of approximately $2.2 million. The building is occupied by Starbucks (NASDAQ: SBUX) which holds an investment grade credit rating of BBB+ on the Standard & Poor's scale. The property was placed under contract with 0.5 years remaining on the current lease term and annualized base rental income of approximately $135,000, although the tenant exercised their 5-year lease renewal option during diligence, giving the tenant approximately 5.5 years remaining on the current lease term and a 10% increase in base rental income effective in March 2022. Additionally, Starbucks has communicated to GIP that it may be investing approximately $450,000 in the store for improvements, adding additional credibility to GIP’s overall investment thesis. The Company funded the acquisition with the issuance of approximately $1.1 million of operating partnership units of Generation Income Properties LP (the operating partnership subsidiary of GIP) priced at $10/unit convertible on a 1-to-1 basis to GIPR common stock, and debt of approximately $1.1 million. David Sobelman, CEO of GIP, stated, "I have been involved with this asset since the building was converted to a Starbucks roughly ten years ago. I developed a meaningful relationship with the contributor at the very beginning of my real estate career and fostering relationships is paramount to our corporate culture and success. This transaction and the other recently announced assets that we are pursuing are testament that our core company values lead to benefiting all stakeholders. We are honored that the contributor sees long-term value in GIP by contributing an asset to our growing company." The UPREIT structure generally allows current owners of a property to defer paying income taxes on the transfer of property to an operating partnership owned by a REIT, while providing the option to convert ownership in the partnership into shares of the REIT. About Generation Income Properties Generation Income Properties, Inc., located in Tampa, Florida, is an internally managed real estate investment corporation formed to acquire and own, directly and jointly, real estate investments focused on retail, office and industrial net lease properties located primarily in major United States cities. 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 contains statements that constitute "forward-looking statements," including with respect to the Company's recent public offering. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and preliminary prospectus for the Company's offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Contact Details Generation Income Properties Investor Relations +1 813-448-1234 ir@gipreit.com Company Website https://www.gipreit.com

January 19, 2022 08:30 AM Eastern Standard Time

FeganScott Announces Investigation into Equity LifeStyle Properties for Widespread, Chronic Neglect of Mobile Home Properties across U.S.

FeganScott

Today consumer-rights law firm FeganScott announced it is broadening its investigation of Equity LifeStyle Properties (ELS) (NYSE:ELS) to include other mobile home properties owned and operated by ELS across 33 states. FeganScott filed a class-action lawsuit earlier this month in the Southern District of Florida, alleging that ELS and the operator of the Heritage Plantation mobile home park in Vero Beach, a subsidiary of ELS, have failed to maintain the park’s stormwater drainage system, leaving residents to deal with frequent flooding, mud, slip and fall injuries, and damaged mobile homes and cars, in dereliction of their duties as mobile home park operators and owners. “Since we filed our complaint on behalf of the residents in Vero Beach, we’ve learned that this might not be an issue limited to this one property but could be a systemic issue with ELS properties across the state of Florida and in other states as well,” said Elizabeth Fegan, founding partner and managing member of FeganScott and lead attorney representing the residents. In the Florida lawsuit, homeowners claim they have had to pay to replace flooring that is persistently damaged by the three-feet high floodwaters that occur after normal rainfall. In addition to the stress of frequent household damages, residents risk injuries caused by muddy accumulations and face health risks caused by mold growth caused by the flood waters. “Heritage Plantation, like many of ELS’ properties, is an age-qualified community, meaning its residents are over the age of 55. Many of those residents are on a fixed incomes and because mobile homes cannot easily be moved, cannot relocate to another mobile home park and so are trapped by ELS’s neglect,” Fegan added. “As we noted in our complaint, we contend that ELS has made the decision to forego necessary infrastructure investments in efforts to increase profits at the expense of residents’ safety and wellbeing and believe this extends to other ELS properties.” FeganScott urges residents and homeowners who live in properties managed by ELS to learn more about their rights by contacting the firm at heritage@feganscott.com. ### About FeganScott FeganScott is a national class action law firm dedicated to helping victims of consumer fraud, sexual abuse, and discrimination. The firm is championed by acclaimed veteran, class action attorneys who have successfully recovered $1 billion for victims nationwide. FeganScott is committed to pursuing successful outcomes with integrity and excellence while holding the responsible parties accountable. Media Only: Mark Firmani feganscottpr@firmani.com 206.466.2700 Case: 8:20-cv-01584 About FeganScott FeganScott is a national class action law firm dedicated to helping victims of civil rights violations, sexual abuse, sexual harassment, and consumer fraud. The firm is championed by acclaimed veteran, class action attorneys who have successfully recovered $1 billion for victims nationwide. FeganScott is committed to pursuing successful outcomes with integrity and excellence while holding the responsible parties accountable. Contact Details Mark Firmani +1 206-466-2700 feganscottpr@firmani.com Company Website https://feganscott.com

January 17, 2022 09:35 AM Pacific Standard Time

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

Fermata Energy

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

January 14, 2022 08:04 AM Eastern Standard Time

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CHOC MONARCH ARCHITECT WINS IDA 2021 DESIGN RECOGNITION

Community Housing Opportunities Corporation

Maria Song, AIA LEED AP, has received the honorable mention from the International Design Awards for the design of The Monarch Apartment Homes, a 60-unit affordable housing community currently under development by the Community Housing Opportunities Corporation (CHOC ). The award underscores the critical nature design plays in the development and creation of affordable housing. The first affordable housing complex to break ground in the area in over a decade, completion is slated for January, 2023. “Interactive Design is honored and humbled to be a part of this team – client, agencies, investors, designers, engineers, and contractors – which has been recognized by the International Design Awards,” said Song, a principal with Palm Springs-based Interactive Design Corporation. “We’re hopeful this honor continues to bring attention to the need for housing at all economic and social levels. Well-designed and affordable housing is essential for emotional and physical health. Every person deserves housing that is stable, beautiful, and livable.” Awards are chosen from thousands of entries that came from more than 80 countries around the world. IDA seeks out truly visionary designers who showcase creativity and innovation. “We saw a large number of designers reflecting on the current state of the world including the pandemic, social distancing, sustainability, climate change, and circular economies all of which were clearly evident,” said Jill Grinda, Vice President, Marketing and Business Development for the IDA. “The jury had an enormous task in selecting the winners from some truly outstanding design submissions. The IDA has always been about seeking out truly visionary designers showcasing creativity and innovation.” This complex, which broke ground last October, is located on a 3.62-acre vacant parcel of land at the Southeast corner of N. Indian Canyon and San Rafael Drive in the Upper Westside One Palm Springs Neighborhood. In partnership with the city, the rental apartments consist of one-, two- and three-bedroom units. All units will have balconies or patios with a community building for a computer classroom, a rental office, and a community lounge that can be used for group functions. Amenities include a Monarch splash pad adjacent to a children’s play area, as well as two BBQ areas. “Once we broke ground on the Monarch Apartment Homes, we knew this development marked a significant opportunity to help change lives in the community,” said CHOC Southern California Regional Director Joy Silver, who was elated to hear about the recognition by this global design authority. “IDC has proven that affordable housing design is a key factor in community economic and regional integration, and serves to purge the dated notions of those who cling to the Not In My Backyard (NIMBY) philosophy. My sincere congratulations to Maria Song. I’m proud to be a part of this monumental effort of beauty and innovative community development. It will impact families now and generations to come.” About The Community Housing Opportunities Corporation (CHOC) Founded in 1984, the Community Housing Opportunities Corporation (CHOC) is a non-profit, affordable housing developer based in Fairfield, California with offices in Palm Springs, creates and manages equitable communities for individuals, families, seniors, and those with special needs. CHOC believes that economically integrated affordable housing is key to self-sufficiency and is achievable with enriching, supportive programs that give pride to residents, stabilize families, and improve local economies. Visit www.chochousing.org to learn more. About The International Design Awards The International Design Awards (IDA) exists to recognize, celebrate and promote exceptional design visionaries and discover emerging talent in Architecture, Interior, Product, Graphic and Fashion Design worldwide. The Farmani Group founded the IDA as the design sibling of the Annual Lucie Awards for Photography, which has emerged as one of the world’s most prestigious photography awards. Visit https://www.idesignawards.com to learn more. About the Interactive Design Corporation Based in Palm Springs, California, the Interactive Design Corporation (IDC) provides planning and architectural services to create environments allowing people equitable access to reach their potential and give back to society. IDC’s mission is to create sustainable, healthy housing and communities for families, seniors, and special-need people who are vulnerable and underserved. Visit https://interactivedesigncorp.com/ to learn more. Contact Details The Hoyt Organization Alyson Campbell +1 310-373-0103 acampbell@hoytorg.com Company Website https://www.chochousing.org/

January 13, 2022 08:35 AM Pacific Standard Time

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