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Tribevest Debuts “Open Tribes” to Allow More Investors to Participate in Private Investments

Tribevest

Tribevest, the leaders in group investing, announced today they launched a new product called Open Tribes, designed to pave the way for investors to participate in more private investments. Open Tribes are fully-serviced, turn-key investor groups that lower the barrier to entry for private assets such as real estate syndications and other investments that require large minimums. Through the Open Tribe process, multiple investors can contribute capital towards a specific deal under the umbrella of an active multi-member LLC. Through Tribevest’s services, the tribe will be protected by a ratified operating agreement and offer the ability to pool capital safely and quickly. Once all the funds are pooled from all the members of the LLC, the tribe can invest in a specific deal as one business entity. For example, if an Open Tribe of 10 people contributes $10,000 each, their LLC can reach a $100,000 minimum for a single investment. “This is an absolute game changer in the world of private investing,” said Travis Smith, Founder and CEO of Tribevest. “An Open Tribe will have an immediate impact on a deal sponsor looking to raise capital as well as an investor looking to get into more deals and diversify their portfolio.” Tribevest pre-launched Open Tribes in January of 2023, where over $1 million was raised on three deals. Tribevest worked with sponsors raising money for private real estate syndications. Those companies included Rise48 Equity, Aspen Funds, and Motel to Apartment Conversions. Members from the Left Field Investors’ community joined forces through three Open Tribes to reach a minimum and invest in properties that included an apartment complex in Dallas and a retail shopping center in Kansas City. A single check was sent to the deal organizer, while Tribevest handled the back-office administration. Smith added, “Tribevest was founded to allow friends and family to invest together as a group. We still provide that service and have thousands of tribes actively building wealth together. Now, through an Open Tribe, an investor doesn’t need to have a prior relationship with other tribe members. Plus, deal partners and sponsors can raise more capital without the burden of the admin that comes with adding more investors to a deal.” Tribevest provides the tools, including an FDIC-insured bank account, cap ledger, cap table, and tax services, to quickly, safely, and transparently operate as an active multi-member LLC. “The response by our Left Field community during the Open Tribe pre-launch period was overwhelming,” said Jim Pfeifer, Founder of Left Field Investors. “I believe we unlocked a door that will bring more people to passive real estate investments beyond the wealthiest individuals. We expect Open Tribes to become a critical tool that allows investors to diversify and effectively lower minimums. Our partnership with Tribevest is having a huge impact on passive investing in syndications by making group investing easy.” “Tribevest and their ‘Open Tribes’ model is truly an innovative structure that allows investors to compliantly gain access to opportunities to grow their wealth,” said Zach Haptonstall, CEO of Rise 48 Equity. “We have enjoyed our partnership with Tribevest and their founders as we work together to create conservative investment opportunities for those looking to invest into real estate. I expect Tribevest and Open Tribes to grow quickly and be a name brand in the real estate industry for years to come.” Tribevest has partnerships in place with Aspen Funds, BV Capital, Life Bridge Capital, Rise48 Equity, Sugo Capital, and Viking Capital. Capital raisers interested in learning more about an Open Tribe can go to https://www.tribevest.com/opentribes. 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. Contact Details Eric Nemeth nemeth@ericpr.com Company Website https://www.tribevest.com/

March 02, 2023 08:55 AM Eastern Standard Time

Volatus Aerospace Expands Electric Utilities Business in US with Acquisition of Sky Scape Industries, LLC.

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) (“Volatus” or “the Company”) announced today that it has signed an arm’s length definitive agreement to acquire Sky Scape Industries, LLC., a New Jersey based company providing airborne intelligence data services. Founded in 2014, Sky Scape Industries uses remote sensing techniques to provide comprehensive inspection services including facility, structural, line, and right of way for power utilities, emergency response for oil and gas, and façade inspection services for property management. The company utilizes crewed and uncrewed aircraft and has operated nationwide in over 24 states. “Glen Lynch, CEO of Volatus Aerospace Corp. commented, “the addition of Sky Scape brings significant opportunity for margin improvement through synergies with our existing business units. It further expands our service offering and continues growth in core sectors including power utilities, oil and gas, and façade inspection.” “Joining Volatus provides Sky Scape with the resources needed to fully leverage and expand its customer relationships,” said David Yoel, CEO of Sky Scape. “The extensive Volatus pilot network, existing fleet of crewed aircraft, helicopters, and drones enhances Sky Scape’s offering, and their expansive sales team will help drive our growth.” Under the terms of the agreement, the total purchase price, subject to an earn-out provision, is approximately C$845,000 (US$620,000), paid as follows: An initial payment of approximately C$422,500 (US$310,000) in the form of newly issued common shares of Volatus Aerospace Corp. The number of VOL shares to be issued will be based on the share price at closing or the prior 30-day VWAP, whichever is higher. Volatus shall have the option to make the first payment in cash in lieu of shares. The earn-out payment of C$422,500 (US$310,000), will be payable twelve (12) months after closing, in the form of additional Volatus shares issued on the share price of C$0.65 or the prior 30-day VWAP, whichever is higher. This payment is conditional on Sky Scape retaining approximately C$1M of inspections already contracted for 2024. This announcement is in line with the Company’s objectives to continue expansion in the US Market as well as growing its presence in large scale aerial intelligence services for oil and gas, power utilities, rail, construction, engineering, and inspection industries. The acquisition of Sky Scape Industries is anticipated to close on March 31 st or such other agreed date conditional on satisfactory completion of due diligence, approval of the respective Board of Directors, key clients, and regulatory approval of the TSX Venture Exchange. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout North America and growing into Latin America and globally. Volatus serves civil, public safety, and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, as well as R&D, design, and manufacturing. Through our subsidiary, Volatus Aviation, we are introducing green and innovative drone solutions to supplement and replace traditional aircraft and helicopters for long-linear inspections such as pipeline, energy, rail, and cargo services. Volatus is committed to carbon neutrality; the fostering of a safe, equitable and inclusive workplace; and responsible governance. Non-IFRS Measures This news release includes certain terms or performance measures that are not defined under International Financial Reporting Standards (“IFRS”), such as “annual recurring revenue” (“ARR”) and gross margin. ARR used in this news release refers to annual revenue generated from multi-year contracts and the Company derives gross margin by subtracting costs of goods sold from total revenue and dividing such number by total revenue. ARR and gross margin are not recognized, defined or standardized under IFRS and accordingly, the Company’s definition of ARR may differ from definitions used by other companies and therefore comparability may be limited. ARR should not be considered a substitute for or considered in isolation from measures prepared in accordance with IFRS. Forward-Looking Information This news release contains statements that constitute “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes, but is not limited to: (i) the business plans and expectations of the Company; (ii) the closing of the proposed Transaction and timing thereof; (iii) expectations related to the Transaction and anticipated benefits thereof, (iv) opportunities for significant gross margin improvement and other anticipated benefits of the transaction to the Company; and (iv) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs of management of the Company as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors are based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the completion of the Transaction and timing of completion; satisfaction of all closing conditions to the Transaction; the anticipated benefits of the Transaction to the Company; TSX Venture Exchange approval of the Transaction; and anticipated and unanticipated costs and other factors referenced in this news release, and including, but not limited to, those factors set forth in the Company’s Annual Information Form under the section “Risk Factors”. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Volatus Aerospace Corp Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

March 02, 2023 07:30 AM Eastern Standard Time

Primary Health Properties in a "very robust position"

Primary Health Properties PLC

Primary Health Properties PLC (LSE:PHP, OTC:PHPRF) (PHP) founder and CEO Harry Hyman and chief financial officer Richard Howell speak to Proactive's Thomas Warner after releasing its results for calendar year 2022. Hyman says that PHP is in a "very robust position" and has started the year, adding that he's "100% focused on driving more rental growth on the back of higher inflation." Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

March 01, 2023 03:22 AM Eastern Standard Time

Video

1010data Announces Integration of ICE Climate Physical Risk and Social Impact Data To Offer ESG Analytics Solution to Structured Finance and Fixed Income Communities

1010data

1010data, a leading provider of fixed income data and analytics solutions, today announced an agreement with Intercontinental Exchange ( ICE ), a leading global provider of data, technology and market infrastructure, to use ICE’s Climate Physical Risk and Social Impact Data to support social and environmental risk assessments in the structured finance and fixed income communities. 1010data plans to integrate ICE’s Climate Physical Risk Data and Social Impact Data into the 1010data Insights Platform to help investors assess risk in specific geographies through quantitative analysis of social, environmental and climate conditions. “We are excited to be working with ICE to bring cutting-edge social and climate data and solutions to our asset management customers overseeing investments subject to climate-related risks,” said Jonah Ellin, Chief Product Officer of 1010data. “By leveraging ICE’s Climate Physical Risk and Social Impact Data with the power of the 1010data Insights Platform, we can help customers gain insight into the social and climate impacts on their portfolios. Our aim is to provide the investment community with the tools they need to analyze data and make better informed decisions to assess risk based on ESG criteria.” By using datasets already hosted by 1010data or clients' own data and models, the combination of 1010data analytics and ICE Climate Physical Risk and Social Impact Data can allow clients to gain insights into climate and ESG risks and opportunities. For example, the data can be used to help quantify climate-related risks, forecast the impact of insurance premiums over time, assess prepayment risk, and understand the impact of these risks on the affordability of homeownership within their portfolio. ICE’s Climate Physical Risk data applies geospatial climate, economic and demographic data to specific U.S. municipalities, MBS pools, and related fixed income securities. This level of transparency can inform municipal and mortgage-backed securities (MBS) market participants’ investment decisions on securities that may have high climate risk exposure in an existing portfolio. ICE’s Social Impact Data provides socioeconomic and demographic insight on the municipal bond and MBS markets, enhancing the decision-making process for investors as they execute sustainable and socially-conscious investing strategies. “We are pleased to work with 1010data to bring ICE’s Climate Physical Risk and Social Impact Data to more mortgage investors,” said Larry Lawrence, Head of Sustainable Finance Products at ICE. “ICE’s unique climate and social data offering with 1010data’s existing analytics capabilities can provide investors the analytics to better understand their risk exposure to climate hazards, such as flood, wildfire and hurricanes along with the ability to identify social impact opportunities.” About 1010data 1010data leverages source data to provide powerful analytics, scalability, and high-speed processing capabilities, designed to give users a significant competitive advantage in portfolio management, such as earlier detection of warning signals. Accessing these capabilities, asset managers will now be able to construct and execute analysis based on ESG factors to support investment decisions. About Intercontinental Exchange Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help our customers capitalize on opportunities and operate more efficiently. At ICE Mortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity. Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. FactSet® is a trademark of FactSet Research Systems, Inc. Other products, services, or company names mentioned herein are the property of, and may be the service mark or trademark of, their respective owners. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).” Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2022, as filed with the SEC on February 2, 2023. 1010data provides decision science and data management solutions that empower companies to identify the insights needed to make timely and accurate business decisions. For over 20 years, we’ve provided industry-leading solutions for mortgage and asset-backed loans, as well as consumer and property-level analytics. Experience how you can "see what you need” by spotting signals amidst a vast array of market data in the fastest manner possible. To learn more, visit www.1010data.com. Industry contact, Frank Riva, VP of Marketing, Frank.Riva@1010data.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2022, as filed with the SEC on February 2, 2023. For investor relations, please contact Katia Gonazles, +1 (678) 981-3882, katia.gonzalez@ice.com or investors@ice.com. Contact Details Media Contact for 1010data, Meir Kahtan Public Relations, LLC Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Media contact for ICE - media@ICE.com or Damon Leavell +1 212-323-8587 damon.leavell@ice.com Company Website https://www.1010data.com

February 27, 2023 09:00 AM Eastern Standard Time

Association of Professional Builders Releases 2023 Trend Forecast for Custom Builders & Remodelers

Association of Professional Builders

The Association of Professional Builders (APB), a leading business coaching service for custom home builders, with members in the United States, Canada, Australia and New Zealand, today shared a 2023 trend forecast for custom builders and remodelers. Despite many issues that plagued 2022 including supply chain delays, labor shortages, low unemployment rates, high inflation, interest rate rises and builder burn out, optimistically, two of the biggest findings in the forecast indicate that 58% of builders still delivered homes on time and are operating in the black. Builders reported 2022 as a record year for revenue and most importantly, their net profits were up. Many builders also reported signing contracts at record margins during the last quarter of 2022 even as the market softened. The forecast comes ahead of APB’s upcoming annual 2023 State of the Residential Construction Industry (SORCI) Report, which will come out in March and detail key insights from over 1,000 residential home builders operating in the United States, Australia, Canada and New Zealand. “We are pleased to see that builders are turning record revenues and net profit margins as it hasn’t always happened this way, even with less economic turbulence,” said Russ Stephens, co-founder, APB. “We’re seeing builders get smarter about how to operate their companies. They are turning more profitable as a result of a better understanding of their finances, implementing better technology, and putting in place better sales and marketing processes.” Residential home builders should be encouraged by these signs and continue to understand how to remain profitable, no matter their company structure. APB cited a slower sales cycle in 2023 and emphasized the importance of builders implementing a structured approach to their selling. APB noted in particular that builders must understand how their sales will affect their margins. Builders who do not are often forced to drop their prices in order to win jobs, which can then in turn create a long-lasting domino effect that will ultimately impact their bottom line. For more information and to access additional resources and insights, please visit https://associationofprofessionalbuilders.com. To pre-order a copy of the 2023 SORCI Report, please visit: https://go.associationofprofessionalbuilders.com/sorci-download. # # # ABOUT THE ASSOCIATION OF PROFESSIONAL BUILDERS The Association of Professional Builders is a leading business coaching service for custom home builders in the United States of America, Australia, New Zealand, and Canada. It provides tested and proven systems for builders to scale and succeed, based on data, experience, and results. For more information, visit: https://associationofprofessionalbuilders.com. ABOUT ASSOCIATION OF PROFESSIONAL BUILDERS The Association of Professional Builders is a leading business coaching service for custom home builders in the United States of America, Australia, New Zealand, and Canada. It provides tested and proven systems for builders to scale and succeed, based on data, experience, and results. Contact Details The Hoyt Organization Alyson Campbell +1 310-373-0103 acampbell@hoytorg.com Company Website https://associationofprofessionalbuilders.com/

February 23, 2023 08:00 AM Eastern Standard Time

New offering launched for US investors seeking to access UK real estate market

The Seventy Ninth Group

The UK-based Seventy Ninth Group has launched a new offering for accredited investors [1] in the US to access the UK real estate market. Seventy Ninth USA One is a new offering launched by the Seventy Ninth Group, and is the first US venture from the asset management specialist, whose directors have over 30 years of experience in the UK property market. The offering will specialise in the purchase and redevelopment of undervalued assets, across a variety of real estate projects, and will enable accredited investors from the US to have ‘hands-off’ access to lucrative UK property investments. The investment objective is to achieve capital growth and/or rental income by investing in and developing property across residential, commercial and leisure assets. Seventy Ninth USA One has a maximum aggregate amount of $20,000,000.00. This move into US markets is a significant next step in the international growth of the UK-based firm, which over the last 12 months has seen their workforce more than double, substantially increased the number of investors under their management, as well as open a new office in Dubai to further strengthen their international presence. Jake Webster, Managing Director of the Seventy Ninth Group, explains, “Over the last two years, the Seventy Ninth Group has continued to build its relationships with existing and new partners, such as private and commercial banks, administrators and insolvency practitioners to secure a vast array of profitable opportunities in the UK real estate market. “These projects have ranged from single unit refurbishment projects to multiple unit developments in a variety of areas of the UK real estate sector. The projects have been exclusively presented to us by our relationships, in which we intend to capitalise upon with our stakeholders. This launch offers US investors a brilliant opportunity to open up their portfolio to the thriving UK real estate market.” The Webster family, owners of the Seventy Ninth Group, has been successfully creating value in the UK property market since 1985, by acquiring, managing and developing multiple property assets, ranging from the refurbishment of single terraced houses to the development of gateway development schemes. They are trusted by over one thousand private and institutional investors from over twenty-five jurisdictions who see The Seventy Ninth Group as a cornerstone of their investment portfolio. [1] All investors who are verified as accredited investors under Rule 501 of Regulation D of the Securities Act of 1993 are eligible to invest in this product. Additionally, this investment is available for investors who wish to use an IRA; supplemental information about this can be provided upon request. ENDS Notes to Editors About Seventy Ninth USA One Seventy Ninth USA One is an offering from the Seventy Ninth Group, an award-winning asset management company headquartered in the United Kingdom with over thirty years’ experience in the real estate sector. The Seventy Ninth Group is renowned for its unique business model of capitalising within undervalued markets, which subsequently thrives throughout periods of economic uncertainty and market turmoil. For further information, visit www.the79thgroup.co.uk Notes to Editors About The Seventy Ninth Group The Seventy Ninth Group is an award-winning asset management company headquartered in the United Kingdom. Founded by serial entrepreneur David Webster and his sons, Jake and Curtis Webster. The Seventy Ninth Group holds a unique and advantageous position in both the real estate and natural resource sectors, specialising in the acquisition, management and development of lucrative assets during times of economic turmoil and uncertainty. A family-owned business, the Seventy Ninth Group is chaired by David and his sons, Jake and Curtis, along with an experienced board of directors most of whom derive from a banking & compliance background. The Seventy Ninth Group is renowned for its strong family values of loyalty, honesty, and reliability, and is respected by their clients globally. Alongside the Seventy Ninth Group the Webster family provides a series of niche offerings within the real estate industry, consisting of: Seventy Ninth™ Luxury Living A real estate acquisition and development offering from the Seventy Ninth Group which operates in the UK property market, predominantly focused on the acquisition and development of undervalued assets in areas of substantial long term growth and rental demand. Seventy Ninth™ Commercial A commercial property offering which was launched in 2021 and is dedicated to the acquisition, renovation and management of commercial office assets across the United Kingdom Seventy Ninth™ Private Equity Fund A private equity fund domiciled and headquartered in Gibraltar, a British Overseas Territory. The PEF is authorised and regulated by the Gibraltar Financial Services Commission (GFSC). Seventy Ninth™ Global A Capital Markets branch of the company, located in the United Kingdom & the United Arab Emirates, with plans to expand partner offices in over twenty other countries. Seventy Ninth™ Resources Seventy Ninth Resources, based in the Republic of Guinea, is the natural resources arm of the company with a series of natural resources concessions that include gold, bauxite, iron ore and diamonds. Seventy Ninth™ Global DMCC Seventy Ninth Global DMCC is a private offering that is available to partners who have an understanding of, and interest in, the commodities world and who are seeking to grow their portfolios within the natural resources sector. Contact Details Media Enquiries: Liam Britnell liam@ambitiouspr.co.uk Company Website https://the79thgroup.co.uk/

February 23, 2023 08:00 AM Eastern Standard Time

People Hub Puts the Employee Experience at the Heart of NAVEX One

NAVEX Global

NAVEX, the leader in integrated risk and compliance management software, today announced the launch of People Hub, a key component of the NAVEX One Governance, Risk, and Compliance Information System. People Hub combines employee-related compliance tasks into a single view for both employees and program administrators. It delivers a streamlined experience that simplifies and elevates the organization’s compliance program. As part of the NAVEX One platform, People Hub is included at no extra cost. NAVEX is the first provider of a GRC Information System that connects enhanced employee experience and automated risk and compliance processes with informed data-driven governance. NAVEX One People Hub is a single destination for all employee compliance tasks -- from onboarding new talent and reviewing the code of conduct to developing and executing more complex compliance workflows. People Hub also recognizes how work gets done today, and therefore is accessible on any device from desktop to tablets and mobile phones. “Organizations are navigating multiple macro trends impacting business risk, including increased employee expectations for greater transparency and being heard by management,” says Amy Cravens, IDC research manager, governance, risk and compliance. “Enhancing how an organization manages its risk and compliance, starting with the front-line employees, is a key element to driving operational and business success.” "Having everyone live into the organization's GRC program demands a unified, familiar user experience. NAVEX One People Hub makes this straightforward and intuitive for employees and administrators alike," said NAVEX Chief Product Officer, A.G. Lambert. "People Hub creates a central location where all compliance tasks are easily accessed and completed, allowing employees to be proactive when it comes to their compliance responsibilities. This in turn contributes to a workplace culture that delivers outcomes that matter most to the organization." Employee experience People Hub makes compliance readily understandable and more approachable by simplifying processes. It ensures team members stay up to date with their compliance-related activities while strengthening workplace culture with a more individualized and engaging experience. See unique tasks: People Hub presents new employees with a personalized onboarding experience with all their compliance tasks in a single, simple list that ensures they take prompt action and stay on track. Make a report or ask a question: Team members can file a report or incident, ask a question and follow up on their case in a safe inviting format. Review a policy or make a disclosure: People Hub makes it easy to access applicable policies and record past actions. This includes links to company policies, code of conduct and conflict-of-interest disclosure forms. Access resources from any device: From onboarding to ongoing compliance tasks, People Hub ensures resources are readily available from any device. Administrative workflows NAVEX continues to enhance its GRC Information System through the centralized management of key risk and compliance information. Distribution of all communication, training, tasks and other important information makes People Hub an intuitive employee compliance management solution. Manage compliance centrally: Create targeted compliance workflows using one centralized risk and compliance information system. Tailor workflows to titles: Quickly create or reuse compliance workflows based on different job types, departments, locations, and more. Get your message out: Easily deliver journeys (or other instructions) for onboarding and ongoing compliance-related tasks. This includes vital work-specific and regulatory attestations and training. Measure impact: See the process and status of employees' progress through assigned training, policy attestations and conflict-of-interest disclosures. Enhanced workplace culture People Hub’s customizable features allow administrators to create a familiar experience for employees that uses the organization’s branding and sets the tone for a healthy workplace culture that inspires trust. Easy access: Offers a simple URL with single sign on. Branded experience: Set the logo, colors and button shapes to match the company brand. Reinforce culture: Add a CEO message or other welcome message to reinforce and match the culture and voice of the organization. Worldwide customization: Offered in 15 standard languages with additional languages available. About NAVEX One GRC Information System NAVEX One enhances the employee experience, mitigates third-party risk, and automates risk and compliance processes for more informed, data-driven governance. As the first comprehensive GRC Information System, NAVEX One delivers shared services through an integrated data model. This provides insights across key areas of business risk generating greater operational efficiencies. NAVEX One creates a real-time view of compliance risk without silos – further bringing all governance, risk and compliance activity together into a single source of truth. To learn more about People Hub, visit https://www.navex.com/en-us/products/navex-ethics-compliance/people-hub/. Or, read our blog, “ Three ways to elevate your employee experience ” on Risk & Compliance Matters. NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn. Contact Details NAVEX Scott Levesque +1 617-388-5773 scott.levesque@navex.com Company Website https://www.navex.com

February 21, 2023 08:30 AM Eastern Standard Time

Volatus Aerospace Reports Preliminary Proforma Unaudited Revenue of Approximately C$38M for FY 2022 and Revenue Guidance of Approximately C$52M for FY 2023

Volatus Aerospace Corp.

Volatus anticipates unaudited proforma gross profit margin of approximately 31% in 2022 compared to 26% in 2021. Consequently, management is pleased to report preliminary full-year 2022 gross profit margin consistent with its original guidance. Volatus Aerospace Corp. (“ Volatus ” or “the Company ”) (TSXV:VOL) (OTCQB:VLTTF) is pleased to announce preliminary, unaudited proforma Net Revenue and Gross Profit results for the three-month period ended December 31, 2022 and year ended December 31, 2022 (“FY-2022”) and Revenue and Gross Profit guidance for the financial year ended December 31, 2023 (“FY-2023”). Volatus expects to report positive financial results underpinned by geographic and sector expansion. Based on preliminary unaudited proforma results for FY-2022 prepared by management, Volatus expects to report FY-2022 revenue of approximately C$38 million and FY-2022 Gross Profit of approximately C$11.6 million with an expected gross profit margin of approximately 31%. Additionally, Volatus is providing financial guidance targets for FY-2023. Volatus expects to report FY-2023 Revenue of approximately C$52 million and FY-2023 Gross Profit of approximately C$16.6M million with a gross profit margin of 32%. Factors contributing to the expected increases in revenue, gross profit and gross profit margin in FY-2023 include changes in product mix, conversion of existing active sales pipeline opportunities into sales, larger geographical presence, access to new markets and new products, commercialization of Volatus’ technologies such as Aerieport and ISR drones, and the scaling of operations in the defence segment. For greater clarity, the gross profit margin is derived solely by subtracting the costs of goods sold from total revenue and dividing such number by total revenue. Q4-2022 and FY-2022 Preliminary Results For the three-month period ended December 31, 2022 (“Q4-2022”) and FY-2022, on a preliminary unaudited proforma basis (as discussed in further detail below), management reports the following highlights: Q4-2022 unaudited proforma Net Revenue is expected to be between C$7 million and C$8 million. Without accounting for the proforma adjustment, Volatus expects to report unaudited revenue between C$6.5 million and C$7 million. The FY-2022 unaudited proforma Net Revenue is expected to be approximately C$38 million. Q4-2022 proforma Gross Profit is expected to be between C$2 million to C$2.5 million and FY-2022 unaudited proforma Gross Profit is expected to be approximately C$11.6 million. Organic revenue growth for FY-2022 compared to FY-2021 was approximately 45% as a result of access to new markets, entry in the defence segment, the sale of equipment, and continued growth in the service and training segment. Volatus expects to end 2023 with positive EBITDA on a run rate basis subject to maintaining the Company’s current growth, the level of investment expenditure, and the timing of its customer orders. Business Update At the end of FY-2022, Volatus has: Sold equipment and services on 3 continents. Expanded geographically in Latin America and the United Kingdom. Developed and began commercializing 4 proprietary technologies. Completed 5 acquisitions. Expanded our defence and public safety businesses. Subsequent to Q4-2022 Completed the acquisition of Empire Drone. Received a domestic service licence from the Canadian Transportation Agency to provide drone cargo services. Gross Profit Margin. The Company derives gross profit margin by subtracting costs of goods sold from total revenue and dividing such number by total revenue. “Despite macro-economic challenges and supply chain constraints, the Volatus team has continued to demonstrate strong execution in 2022. We issued a revenue guidance note of C$38M through a news release on February 16, 2022, and I am extremely proud of achieving our target,” said Abhinav Singhvi, CFO of Volatus Aerospace. “Continued geographic expansion, enhanced capabilities, accelerating industry adoption and cross-selling are expected to drive growth for the foreseeable future.” The Company cautions that the above results are preliminary in nature and unaudited, as the Company’s audit for FY-2022 has not yet been completed. Actual results for FY-2022 may differ materially from the estimates disclosed in this news release due to the completion of the Company’s financial closing procedures, final adjustments, review by the Company’s auditors and other developments that may arise between now and the time the financial results are finalized. Actual results for FY-2023 may differ materially from the estimates disclosed in this news release due to, among other things, supply chain challenges, the inability of strategic suppliers and resellers to perform their obligations, rapid changes in the industry, increased competition, regulatory changes and hurdles, and the inability to expand in different markets due to geo-political risks. These estimates are not a comprehensive statement of the Company’s financial results for Q4-2022, FY-2022 and FY-2023 and should not be viewed as a substitute for full financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”), and these estimates are not necessarily indicative of the results to be achieved for Q4-2022, FY-2022 and FY-2023. A number of economic, market, operational and financial assumptions were made by the management of Volatus in preparing its forward guidance, including, but not limited to, the conversion ratio of the Company’s sales pipeline, success in the bidding of RFQs, the ability to change the product mix and the Company’s ability to maintain a competitive position, retain and increase recurring revenue with customers, scale relationships with strategic suppliers, maintain gross margins and retain its sales force. The preliminary results provided in this press release constitute forward-looking information and future-oriented financial information within the meaning of applicable Canadian securities laws, are based on a number of assumptions and are subject to a number of risks and uncertainties. The purpose of this future-oriented financial information is to provide readers with an understanding of the Company’s ability to scale and maintain its competitive position and such future oriented financial information may not be appropriate for other purposes. Please see the section below entitled “Cautionary Note Regarding Forward-Looking Information and Future Oriented Financial Information”. The preliminary results have been prepared by, and are the responsibility of, management of the Company. The Company’s auditor, MS Partners, has not reviewed the preliminary results. Neither MS Partners nor any other independent accountants express an opinion or any other form of assurance with respect to the preliminary results. The Company will provide additional discussion and analysis regarding its fourth quarter revenue, gross profit, and EBITDA when the Company reports it Q4-2022 and FY-2022 results on April 17, 2023 after the close of markets. Non-IFRS Measures and Other Financial Measures This news release contains references to EBITDA and gross profit margin, which are not defined under IFRS. Management believes the presentation of these metrics gives useful information to investors and shareholders, as they provide increased transparency and insight into the performance of the Company. The data presented is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. Readers should not place undue reliance on non-IFRS measures and should instead view them in conjunction with the most comparable IFRS financial measures EBITDA. The Company defines EBITDA as IFRS net loss excluding interest expense, depreciation and amortization expense. EBITDA should not be construed as alternatives to comprehensive loss or income determined in accordance with IFRS. EBITDA does not have any standardized meaning under IFRS and, therefore, may not be comparable to similar measures presented by other issuers. The Company believes that EBITDA is a meaningful financial metric as it measures cash generated from operations which the Company can use to fund working capital requirements, service future interest and principal debt repayments and fund future growth initiatives. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout North America and growing into Latin America and globally. Volatus serves civil, public safety, and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, as well as R&D, design, and manufacturing. Through our subsidiary, Volatus Aviation, we are introducing green and innovative drone solutions to supplement and replace traditional aircraft and helicopters for long-linear inspections such as pipeline, energy, rail, and cargo services. Volatus is committed to carbon neutrality; the fostering of a safe, equitable and inclusive workplace; and responsible governance. Forward-Looking Information This news release contains statements that constitute “forward-looking information” and “future oriented financial information” within the meaning of applicable Canadian securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and operating and financial performance. Often, but not always, forward-looking information and future oriented financial information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information and future oriented financial information includes information regarding: (i) the Company’s expectations of net revenue, gross profit, gross profit margin and other financial projections for Q4-2022, FY-2022 and FY-2023; (ii) the business plans and expectations of the Company; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information and future oriented financial information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information and future oriented financial information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information and future oriented financial information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and future oriented financial information reflect the Company’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Factors that could also cause actual results to differ materially from those anticipated in the forward-looking information and the future oriented financial information are described under the caption “Risk Factors” in the Company’s Annual Information Form dated June 30, 2022, which is available on SEDAR at www.SEDAR.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information and future oriented financial information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information and financial oriented financial information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information and future oriented financial information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Abhinav Singhvi +1 514-447-7986 abhinav.singhvi@volatusaerospace.com Company Website https://volatusaerospace.com

February 21, 2023 07:00 AM Eastern Standard Time

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Comcast Plans Major Network Expansion in Texas

Comcast Houston

Comcast announced today it will significantly expand its next-generation network, the Xfinity 10G Network, in a major way across several southeast Texas counties in 2023. The media and technology company said it will invest more than $100 million to install at least one thousand miles of new fiber-rich highways that will reach up to 80,000 homes and businesses by the end of this year. The planned expansions add to Comcast’s ongoing $2.8 billion investment in Texas over the last three years. Network expansion efforts will begin in Kingwood, Pinehurst, Prairie View, Waller, New Caney and Conroe. Construction will continue in other communities that have ongoing network infrastructure builds in the Houston area. Construction has started in Kingwood, which will be the largest expansion of the year; it is expected to be complete by the end of 2023 and will reach nearly 24,000 Kingwood homes and businesses. These locations will have the foundational next-generation network in place to begin deploying DOCSIS 4.0, setting the stage for the introduction of new symmetrical multi-gigabit Internet options. “We will bring our fiber-rich network to twice the number of homes and businesses this year compared to the number we passed last year,” said Ralph Martinez, Senior Regional Vice President of Comcast’s Texas Region. “Southeast Texas’ rural and suburban communities have been growing fast, and we are building out our next-generation Comcast network in tandem with the growth. We will continue to expand to even more rural communities in the next few years.” Once complete, Comcast, the nation’s largest provider of 1.2 Gigabit per second speeds, will give consumers access to reliable and fast Xfinity Internet and Xfinity Mobile service that outperforms its competitors. Comcast engineers have also developed multiple artificial intelligence and machine learning technologies that make the network faster and more reliable while delivering up to 100 Gbps for Comcast Business customers. In addition, Comcast’s next-generation technology provides multiple layers of security that automatically detect and block hundreds of thousands of cyber events every second, and a Smart Network that automates many core network functions and dramatically reduces the number of outages. “Access to reliable internet and telecommunications services is something that we cannot go without in our day-to-day activities,” said Houston Mayor Pro-Tem and Kingwood resident, Dave Martin. “Comcast and their new construction project in Kingwood is a perfect example of a business working to bridge the gap to connect more people to much-needed services while increasing accessibility to much-needed services and their dependability. I appreciate Comcast’s partnership and commitment to District E.” Comcast is also committed to addressing digital equity in communities we serve, through Project UP, the company’s $1 billion dollar commitment to help tens of millions of people connect to the internet and build futures of unlimited possibilities. Last year, Comcast Texas invested more than one million dollars to help local community organizations provide personalized digital skills training, offer workforce development/readiness workshops and other tech education to students, adults, and people with disabilities. The funding also supports ongoing efforts to build awareness about connectivity programs like Internet Essentials and the federal government’s Affordable Connectivity Program (ACP), which offers eligible households up to $30/month credit, or up to $75 for households on tribal lands, for home Internet. Comcast proudly participates in the Affordable Connectivity Program, and offers Internet Essentials Plus, a $29.95/month home Internet service that is effectively free for eligible households, once the ACP credit is applied. Interested customers can visit Xfinity.com/ACP or call 1-800-Xfinity to learn more about this program and find out if they qualify. For more construction details and updates, visit ComcastTexas.com/Expansion. Powered by the Xfinity 10G Network Comcast’s next-generation network and Internet experience are powering homes today and into the future: · Ultimate Capacity: Xfinity customers connect nearly 1 billion devices across the company’s network annually. The Xfinity 10G Network with the next-generation Xfinity gateways deliver the most advanced WiFi technology carrying three times more bandwidth to power streaming, gaming, videoconferencing, and more, simultaneously. · Fastest Internet: 10 million+ Xfinity Internet customers subscribe to gigabit speed products, and Ookla rated Xfinity the fastest Internet provider at the end of 2022*. Symmetrical gig speeds to the first homes are planned for later this year. · Unprecedented Coverage: The latest Xfinity Gateway provides a more reliable connection throughout the home. Customers can get wall-to-wall WiFi coverage with a powerful xFi Pod that extends coverage to hard-to-reach areas, with plans for an offering of increased support for in-home WiFi through a “boost guarantee” later this year. · Most Reliable Connection: Comcast is scaling the nation’s largest and most reliable network – the Xfinity 10G Network – that passes 60 million homes and business and counting. The company plans to launch a new device that is “storm-ready” with cellular and battery backup to help keep customers connected even when the power goes out. · Ultra-Low Latency: The Xfinity 10G Network and the latest xFi Gateway are a powerful combination that deliver ultra-low latency for those moments when response times matter most like video games, a fast-growing category with Xfinity households averaging more than one gaming console per home. For local businesses, Comcast Business offers a suite of connectivity, communications, networking, cybersecurity, wireless, and managed solutions to help organizations of different sizes prepare for what’s next. Powered by the nation’s largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation’s largest cable provider to small and mid-size businesses and one of the leading service providers to the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest-growing providers of Ethernet services. Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Ookla’s SpeedtestTM Market Index report shows that Xfinity delivered the fastest median download speeds to its Internet customers in the United States for the final quarter of 2022. Contact Details Comcast Steve Campion +1 832-920-2001 Steve_Campion@Comcast.com Company Website https://houston.comcast.com/

February 20, 2023 10:08 AM Central Standard Time

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