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TRU Precious Metals CEO unveils bold share buyback plan and reveals exciting high-grade gold prospects

TRU Precious Metals Corp.

TRU Precious Metals CEO Joel Freudman joined Steve Darling from Proactive to share news the company has recently announced a normal course issuer bid to repurchase up to 10% of its publicly-held shares, amounting to approximately 9.7 million shares. This strategic move is driven by the belief that market conditions undervalue the company. Uniquely, TRU Precious Metals has imposed fiscal discipline, capping expenditures for the share buyback. The CEO emphasizes managing cash efficiently while seizing opportunities to acquire shares when deemed advantageous. This initiative aims to safeguard the treasury, eliminate selling pressures, and consolidate ownership among long-term core shareholders. Friedman underscores the company's confidence in its prospects, citing recent high-grade copper and medium-grade gold assay results from the Golden Rose project. The positive outlook is reinforced by strategic investments and share purchases by core shareholders, reflecting their belief in TRU Precious Metals' value and strategic direction. Looking ahead to 2024, the company anticipates a busy year with planned exploration and drilling programs, buoyed by favorable market conditions and record-high gold prices. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

December 07, 2023 01:30 PM Eastern Standard Time

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Independent Report shows Nano One’s One-Pot Process significantly reduces greenhouse gas emissions

Nano One Materials Corp

Nano One Materials Corp chief operating officer Alex Holmes joined Steve Darling from Proactive to share news the company has announced an independent life cycle assessment of its proprietary One-Pot Process has demonstrated the potential to significantly reduce greenhouse gas emissions. Specifically, this process could lead to a reduction of up to 60% in emissions for the production of nickel-rich NMC811 CAM and up to 50% for LFP CAM. This reduction is crucial in addressing environmental concerns and aligns with global efforts to combat climate change by reducing carbon footprints in various industries. Engineering studies have also shown that the One-Pot Process is highly efficient in its water usage, consuming up to 60% less water compared to incumbent processes. Water conservation is vital for sustainable manufacturing practices, especially in regions facing water scarcity or where water resources need to be conserved for other critical needs. Nano One's breakthrough technology not only contributes to the reduction of greenhouse gas emissions and water usage but also positions the company as a leader in cost-effective solutions for a cleaner global transition to net-zero emissions. As the world strives to achieve sustainability goals, innovations like Nano One's One-Pot Process are instrumental in accelerating progress. Contact Details Proactive USA +1 347-449-0879 na-editorial@proactiveinvestors.com

December 07, 2023 01:14 PM Eastern Standard Time

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Comcast and Mt. Hood Cable Regulatory Commission Commit $2 Million to Shrink Digital Divide in Multnomah County

Comcast Oregon / SW Washington

Comcast and the Mt. Hood Cable Regulatory Commission today announced a new $2 million investment in Free Geek, a leading local non-profit advancing economic equity through technology training and career building. This investment will help the most disconnected communities in Multnomah County get online and receive the resources, devices and technology education needed to advance digital skills for education and work, enhance economic mobility, and promote digital equity. “We see firsthand that the digital divide continues to be a persistent challenge for communities in Multnomah County. East Portland, Gresham, Fairview, Wood Village, and Troutdale are home to some of our most disconnected communities. More than 3,000 residents do not own a computer and many others don’t know how to use it effectively,” said Juan Muro, Executive Director, Free Geek. “This investment will ensure that these families have the same benefits as others and their children have access to online resources to be successful in school.” Free Geek will use the investment to help bridge the digital divide by working to connect more people to the internet and getting devices into the hands of people who need them. In addition, Free Geek will serve as consultants to enable community partners to expand their own digital equity programs in alignment with the region's Digital Equity Action Plan, which is focused on helping the most vulnerable communities in Portland and Multnomah County. "All Oregonians should be able to access the internet in order to connect with educational, health care, and economic opportunities," Governor Tina Kotek said. “Together, with public and private partners, we are working towards a common purpose of empowering individuals to get online, enhance digital skills, and advance economic mobility.” Free Geek will also bring additional capacity to its network of community partners as they work to remove barriers to broadband adoption. This includes addressing the lack of awareness about how to participate in the federal government’s Affordable Connectivity Program (ACP), which provides eligible low-income households with a credit of up to $30 per month toward their internet and/or mobile service – $75 per month on tribal lands, as well as the wider availability of free digital skills programs. “The MHCRC has a long history of advocating for digital equity through access to and use of telecommunications technology through public-private partnerships. We are excited to be able to partner with Comcast and Free Geek to bring this resource to the community at a time when funding and support for local efforts in urban communities is limited,” said Julia DeGraw, Chair, MHCRC. Today’s announcement is the latest example of investment in Oregon under Comcast’s Project UP program, a comprehensive initiative to advance digital equity and help build a future of unlimited possibilities. Earlier this year, the company invested $300,000 to advance digital equity and economic opportunity in the greater Portland area. At that time, Comcast and Free Geek joined together to launch a Lift Zone, which provides free WiFi at the new Center for Technology Education & Digital Equity, and scale a Digital Navigators program that will help connect more people in the area to the internet and teach them how to use it. “While high-speed internet is widely available in Multnomah County, the unfortunate reality is that not everyone has the resources and digital skills they need to benefit from it,” said Comcast Pacific Northwest Region Senior Vice President Rodrigo Lopez. “By continuing our partnership with Free Geek, we are creating a more prepared and inclusive workforce and ensuring that communities in the Greater Portland area are not left behind.” Over the last three years, Comcast has provided $5.8 million in financial and in-kind charitable contributions to Oregon nonprofits. These contributions support local community programs that help establish and promote the company’s Digital Equity Network in Oregon. The efforts also enable partner organizations to acquire technology equipment, provide digital skills trainings, and offer opportunities for community members to explore and train for careers in tech-related fields, or to develop the kinds of technology skills that can help them launch and grow their own businesses. Thanks to the ACP, eligible Comcast customers can get home Internet either through Comcast’s Internet Essentials or Internet Essentials Plus service tiers at no cost, once the federal credit is applied. Internet Essentials customers can also add a line of unlimited 5G cellular data ($45/month) through Xfinity Mobile for as little as $24.95/month, after the ACP benefit is applied. For more information about Project UP and Comcast’s commitment to education and digital equity, please visit https://corporate.comcast.com/impact/project-up. To apply for ACP or Internet Essentials visit www.Xfinity.com/free or www.internetessentials.com or call 1-855-846-8376 for English or 1-855-765-6995 for Spanish. About Mt. Hood Cable Regulatory Commission: Mt. Hood Cable Regulatory Commission represents the cities of Fairview, Gresham, Portland, Troutdale, and Wood Village, and Multnomah County. The Commission is comprised of eight volunteers who represent the communities’ cable communications technology needs and collaborate to ensure the region benefits from cable service franchise agreements. About Free Geek: Free Geek is a Portland-based non-profit organization with a mission to repurpose technology and discover sustainable solutions while providing educational resources. Its ultimate aim is to foster a vibrant community where individuals are empowered to unlock their full potential. Through their dedicated efforts, they strive to transform the world by leveraging technology, sustainability, and education to create a brighter, more inclusive future, where every individual has the opportunity to thrive and make a meaningful impact. About Comcast Corporation: Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Contact Details Rachael Arnold +1 503-924-9272 rachael_arnold@comcast.com Company Website https://oregon.comcast.com/

December 07, 2023 10:00 AM Pacific Standard Time

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Alpine Banks of Colorado CEO Reveals 50-Year Journey and Future Plans in Exclusive Interview

Alpine Banks of Colorado

Alpine Banks of Colorado President Glen Jammaron joined Steve Darling from Proactive to discuss the bank's 50-year history and significant growth in a New York City interview. Starting in a small Colorado town in 1973, the bank expanded to Aspen, Denver, and Telluride. Over the last decade, assets have surged to $6.5 billion, reflecting the appeal of the communities they serve. Despite traditional banking roots, Jammaron acknowledged the impact of rising interest rates on margins in the past year. Addressing online banking trends, he noted continuous growth in the use of digital services but emphasized the bank's commitment to fostering meaningful relationships beyond online interactions. Looking ahead to 2024, the CEO anticipates modest loan demand growth, targeting a 5% increase, while prioritizing a 10% rise in core deposits. Jammaron also shared insights on Alpine Bank's journey into the OTC market, highlighting its role in creating liquidity for long-term shareholders while maintaining the bank's independence. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

December 07, 2023 12:55 PM Eastern Standard Time

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Bring the Joy of Holiday Savings Straight to Your Doorstep

YourUpdateTV

Are you wishing for a holiday miracle that involves less stress and more savings? Recently, Lifestyle Expert, Carmen Ordonez conducted a satellite media tour to make that dream come true and offer some tips for a holly, jolly, and financially savvy celebration. A video accompanying this announcement is available at: https://youtu.be/Fu9iugao2-0 Whether you’re making your list or you’re checking it twice, DoorDash is the special ingredient for a joyful holiday season with Deck the Doorstep, twelve festive days of massive deals to help make holiday hosting and shopping more convenient than ever. From December 1st through December 12th, DoorDash users can look forward to limited-time discounts, daily deals, and exclusive DashPass offers from local and nationwide favorites featuring groceries, retail, and restaurants — all in one place. During DoorDash’s annual savings event, people will be able to access savings on fresh produce and pantry staples for seasonal cooking, to stocking stuffers and gifts for loved ones near and far, to holiday spirits, entertaining essentials and smart home devices for enhanced holiday hosting. With exclusive offers from beloved restaurant favorites like Magnolia Bakery, Milk Bar and The Cheesecake Factory as well as offers from retailers and grocers like ALDI, Best Buy, DICK’s Sporting Goods, Sprouts Farmers Market, and more, DoorDash is your go-to for a holiday helping hand. Below are just a few of the best deals from nationwide favorites available for a limited time to help you save this holiday season, only on DoorDash.* Plus, find thousands of local deals from neighborhood favorites in-app from December 1 through 12! Terms and conditions apply. Check the app for the offers available near you! December 1 - 12 • 10% off orders of $45+ at ALDI (max $8 value) • $15 off orders of $55+ at Best Buy • 20% off orders of $30+ at CVS (max $10 value) • 20% off orders of $20+ at DICK’s Sporting Goods (max $10 value) • 20% off orders of $20+ at Dollar General (max $10 value) • 20% off orders of $15+ at Edible (max $15 value) • $5 off orders of $25+ at KFC • 10% off DoorDash gift cards (min $25 purchase) • 20% off orders of $20 or more across retailers, including MAC Cosmetics, Lush, Victoria’s Secret, Big Lots and more (max $10 value) • 30% off orders of $10+ at Magnolia Bakery (max $7 value) • 30% off orders of $10+ at Milk Bar (max $7 value) • 25% off order of $35+ at Petco (max $15 value) • 25% off orders of $35+ at PetSmart (max $15 value) • Free 6PC Wings from Popeyes, now available in 5 flavors, with orders of $15+ • 20% off $35+ on alcohol orders (max $15 value. Only in select markets). Must be 21+ to order. Drink responsibly • 20% off orders of $45+ at Sprouts Farmers Market (max $15 value) • Free slice of Peppermint Stick Chocolate Swirl Cheesecake from The Cheesecake Factory on orders of $45+, only for DashPass members • 20% off orders of $30+ at Walgreens (max $12 value) • $5 off orders of $15+ with the purchase of a Baconator at Wendy’s • Free Peppermint Frosty from Wendy’s for DashPass members on orders of $15+ Plus, DashPass members save even more on every holiday offer. DashPass, DoorDash’s monthly membership program, provides customers with a $0 delivery fee, a reduced service fee, and access to exclusive perks on eligible orders.** The best part? It’s the gift that keeps on giving with savings all year-round. Best Buy is Now Available on DoorDash, Just in Time for the Holidays To help make the season brighter, for the first time ever, Best Buy will be available on DoorDash for on-demand delivery, offering DoorDash users access to thousands of tech products, including the latest headphones, gaming consoles, wearables, tablets and more. To celebrate, now through December 5th, DoorDash customers can access: • $15 off $55+ with code BEST15*** • $25 off of $55+ with code BEST25 for DashPass members (must have an active DashPass account)*** To join the celebration and stay updated on Deck the Doorstep, check out the deals here and download the DoorDash app on iOS and Android for access to massive savings and exclusive offers. See full terms and conditions for these offers here. *Offers only available to select customers as indicated on the DoorDash platform when logged into their DoorDash account. **DashPass Benefits apply only to eligible orders from DashPass merchants that meet minimum subtotal. Other fees, including service fees, taxes & gratuity may apply. Terms: doordash.com/terms. ***T&Cs: Offer valid through 12/5/2023. Valid only on orders with a minimum subtotal greater than $55, excluding taxes and fees. Limit one per person. Not valid for the purchase of alcohol. Fees, taxes, and gratuity still apply. All deliveries subject to availability. Must have or create a valid DoorDash account with a valid form of accepted payment on file. No cash value. Non-transferable. See full terms and conditions at https://drd.sh/8ONpZP/. About Carmen Ordonez Carmen Ordonez is a TV Host, on-air lifestyle expert and founder of Viva Fashion and AndyO Organics. She's been featured in numerous media outlets including The New York Times, The Today Show, People Magazine and CNN to name a few. In 2015, she lost her 34 year-old husband to Stage 4 stomach cancer leaving her a widow at the age of 31 with a 2 year-old son. Today her goal is to empower other widows and widowers to live a life on purpose. Carmen is newly remarried and resides in Surfside, Florida along with her husband, son and baby girl. About DoorDash DoorDash (NASDAQ: DASH) is a technology company that connects consumers with their favorite local businesses in more than 25 countries across the globe. Founded in 2013, DoorDash builds products and services to help businesses innovate, grow, and reach more customers. DoorDash is building infrastructure for local commerce, enabling merchants to thrive in the convenience economy, giving consumers access to more of their communities, and providing work that empowers. With DoorDash, there is a neighborhood of good in every order. *Offers only available to select customers as indicated on the DoorDash platform when logged into their DoorDash account. **DashPass Benefits apply only to eligible orders from DashPass merchants that meet minimum subtotal. Other fees, including service fees, taxes & gratuity may apply. Terms: doordash.com/terms. ***T&Cs: Offer valid through 12/5/2023. Valid only on orders with a minimum subtotal greater than $55, excluding taxes and fees. Limit one per person. Not valid for the purchase of alcohol. Fees, taxes, and gratuity still apply. All deliveries subject to availability. Must have or create a valid DoorDash account with a valid form of accepted payment on file. No cash value. Non-transferable. See full terms and conditions at https://drd.sh/8ONpZP/. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

December 07, 2023 12:54 PM Eastern Standard Time

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CEO Jeff DeVine reveals American Riviera Bancorp's $1 Billion growth story and strategic tech upgrade

American Riviera Bancorp

American Riviera Bancorp CEO Jeff DeVine joined Steve Darling from our OTC Studio in New York City to share news about the bank's growth journey from a $200 million asset bank in 2016 to its current status with over $1 billion in assets. Based in Santa Barbara, California, the community bank serves small to medium-sized businesses and medium to high-end consumers, capitalizing on the region's tourist attractions and upscale real estate. DeVine highlights the challenges of the current banking environment, emphasizing the impact of the Federal Reserve's interest rate hikes. Despite a slower growth pace in loans this year, the bank strategically utilized the opportunity to overhaul its technology stack, enhancing online banking capabilities and operational efficiency. Looking ahead to 2024, DeVine expresses relief at the potential pause in interest rate hikes by the Fed, foreseeing opportunities for refinancing in the coming years. The CEO also commends the bank's partnership with the OTC, emphasizing the positive impact of upgrading to OTCQX, which has contributed to increased trading volume and investor satisfaction. Overall, American Riviera Bancorp remains optimistic about its future prospects, navigating challenges and embracing technological advancements to better serve its community. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

December 07, 2023 12:51 PM Eastern Standard Time

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Marketing Max Democratizes Agency Selection Experience With AgencyReviews.io, Leveling Playing Field for Small Agencies

Prodigy Press Wire

For many business owners, selecting an agency to work with can be a daunting experience. On the surface, every agency looks the same, and it's really hard to distinguish which agency is right for their business and which is going to give the best results. Today, people determine which products and services to buy by looking at reviews online. This allows them to get an idea of the price and quality of the product or service, as well as other feedback. While the review system in other industries is relatively well-developed, the same cannot be said for the agency space. Despite businesses shelling out thousands of dollars for agencies’ services, there is a significant lack of trusted and transparent reviews about agencies. The existing platforms have a high barrier to entry, with the write-a-review process taking too long to complete for the average business, as well as a pay-to-win system, where only the agencies who pay more place higher on the rankings and therefore see meaningful business impact. Marketing Max, a serial entrepreneur and marketing influencer, is seeking to challenge this system, making it more democratic and transparent for both agencies and brands seeking to work with them. He has launched AgencyReviews.io, an online marketplace and review site that makes it easier for brands to identify and get matched with agencies that have already proven themselves via their case studies and client reviews. AgencyReviews.io, which launched in its Beta phase in October ahead of an official launch in early 2024, has more than 45,000 agencies on its platform. These agencies include advertising, branding, design, SEO, market research, web development, PR, and many more industries. According to Marketing Max, AgencyReviews.io solves problems on both the agency demand side and the supply side. For the former, it simplifies the agency selection process by asking brands just three questions through its “Get Matched” feature – what they need the most help with, what industry they are in, and their budget. It takes less than 60 seconds to complete, and they will receive a list of top-rated agencies that fit those criteria. Brands don’t need to pay anything, and they can directly contact the agencies they’ve chosen or leave their contact information for the agency to get in touch with them. Brands can also leave reviews of the agencies they’ve worked with, and the process takes only five minutes. AgencyReviews.io verifies each review, requiring proof of having worked with the agency, such as a contract or invoice, to ensure truthfulness. Other platforms have a long and tedious review process that involves multiple-page surveys and phone calls, discouraging most clients from leaving a review. According to Marketing Max, the other agency review platforms take an average of 40 minutes to write a review, incentivizing only the clients with the absolute best and the absolute worst experiences to write a review. The simplified review process on Agencyreveiws.io gives a voice to the average client whose experience is closer to the general level of service the agency provides. In the few weeks since AgencyReviews.io launched in Beta, several major companies have used it as part of their search for agencies to work with. These include large household names from banks and financial firms, to technology giants, professional sports teams, and international shipping services. On the supply side, AgencyReviews.io allows agencies to verify their listing, giving them access to multiple growth tools such as the ability to be contacted directly by brands. They also receive protection from false reviews that could damage their reputation from being posted on their listing page. However, Marketing Max explains that, while verification is a paid process, AgencyReviews.io is not pay-to-win. Verified agencies are listed above unverified agencies, but the order among these verified agencies is determined purely by their ratings. Everyone, from the largest to the smallest agencies, pay the same price to get verified, which evens the playing field and makes it more democratic. “What I'm really trying to build in AgencyReviews.io is something that I wish I had when I was running my own agency,” Marketing Max says. “Prior to selling my seven-figure ad agency in 2021, I was looking for a way to get in front of tens of thousands of potential clients who are actively looking to hire my services, in a cost-effective way. I want to give more visibility and exposure to smaller agencies, creating a fair environment where they can grow their business, instead of operating in a pay-to-win world where agencies often spend $50,000 on their own advertising without seeing any significant return on investment. Early in my career, one of my clients said that ‘all agencies suck’. I know that isn’t true, so I built a way to easily distinguish the bad agencies from the good agencies.” Media contact: Name: @MarketingMax.com Email: max@marketingmax.io Release ID: 834252

December 07, 2023 12:00 PM Eastern Standard Time

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Top Infrastructure providers join Flare to enable the Blockchain for Data

Flare

Flare has announced the onboarding of professional infrastructure providers including Ankr, Figment, Restake, and NorthStake, as both validators and data providers for the network’s native oracles. Flare becomes the first smart contract platform for whom these institutional validators also provide decentralized data feeds for builders on the network. By combining validation with data provision, Flare will be able to give developers fully decentralized access to the broadest range of data, at scale and for minimal cost. The world revolves around data, and securely bringing in real-world data via oracles is critical for many decentralized applications. In this way, Flare aims to expand what is possible with blockchain, enabling new use cases through the provision of a far wider variety of decentralized data. Flare currently has a total of 91 network validators across the globe, all of whom also act as data providers for the Flare Time Series Oracle (FTSO), placing the FTSO among the most decentralized and reliable oracles available to developers. Hugo Philion, Flare CEO & Co-founder, said, “The fact that institutional validators of the quality and scale of Ankr, Restake and Luga Nodes are willing to extend their business model to also provide decentralized data specifically on Flare gives proof positive to Flare’s vision for a fully decentralized network for data.” Anuj Shankar, CEO of Luga Nodes, added, "Luganodes has always been committed to offering institutional-grade services in the blockchain infrastructure space and we find Flare’s new model of decentralized data provision very interesting. It’s not something we’ve done before, but being part of the Flare ecosystem as both a validator and a data provider to their native oracle aligns perfectly with our mission to provide reliable and secure blockchain infrastructure solutions - and we are keen to see how it improves decentralized data access for developers." About Flare Flare is the blockchain for data, an EVM smart contract platform that expands the utility of blockchain. With decentralized oracles built into the structure of the network, Flare is the only smart contract platform optimized for decentralized data acquisition - price & time series data, blockchain event & state data, and web2 API data. By giving developers trustless access to the broadest range of data at scale and for minimal cost, Flare acts as a utility layer for the blockchain industry and supports the development of new and improved use cases. Website | Twitter | Telegram | Discord Contact Details Nick Campion nick@flare.network

December 07, 2023 12:00 PM Eastern Standard Time

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Kontrolmatik's (IST:KONTR) Milestones in Shaping the Future of Energy and Automation

Kontrolmatik Technologies

In the ever-evolving landscape of green energy and automation, Kontrolmatik (IST:KONTR), a forward-thinking technology conglomerate, stands at the forefront, strategically advancing its initiatives. With a focus on innovation and sustainability, the company's flagship products, Pomega energy storage systems, and Controlix IoT applications, are not only making significant strides domestically but are also gaining recognition on the global stage. Situated in Polatli/Ankara, at the heart of Türkiye, Pomega's energy storage systems feature prismatic Lithium-Iron Phosphate (LFP) battery cells with wide-ranging applications. From solar and wind energy storage to high-power electric vehicle charging stations, industrial machinery, heavy vehicles, marine transportation, and residential power units, these systems showcase versatility and reliability. The company has initiated the first phase of operations by commencing the supply of advanced energy storage systems to industrial facilities and renewable energy power plants. The robust project pipeline involves key entities in Türkiye, signaling a groundbreaking effort towards fostering a more adaptable and environmentally friendly energy supply within the nation. The need to address climate change through energy transition, energy storage and electrification of transportation is driving demand for batteries on a global scale. LFP batteries is the safest type of battery technology because they have less chance of thermal runaway caused by overcharging, internal fault, physical damage and heat. Global LFP battery demand is expected to double by 2028 driven by accelerated transition to renewable energy sources. Responding to the increasing demand for energy storage systems, Pomega plans to expand its current annual capacity from 500 MWh to 3 GWh during 2024, with the support of project financing from local and international banks. The significance of Pomega's energy storage systems on a global scale is highlighted by Kontrolmatik's (IST:KONTR) Chairman, Sami Aslanhan. In an industry typically dominated by battery manufacturing giants headquartered in China, Pomega aspires to become a pivotal player in Europe and its neighboring regions, filling a void left by the absence of representation from Europe, the Middle East, the USA, or Central Asia among the top manufacturers. Ongoing receipt of international certifications, segmented across a diverse array of products, further underscores the Pomega's commitment to quality and international compliance. Expanding its portfolio, Kontrolmatik (IST:KONTR) is poised to establish a mass production facility in Polatlı/Ankara for High Voltage Gas Insulated Switchgear (GIS) under the Kontrolmatik (IST:KONTR) brand. With R&D, engineering, and prototype studies completed, international certification tests are expected to conclude by the 1st quarter of 2024, paving the way for mass production in the 2nd quarter of the same year. This marks a significant stride towards increasing electrification products and services. In a groundbreaking move, Kontrolmatik (IST:KONTR) has entered into a technology transfer and license agreement with Chint Electric Co Ltd for the engineering and production of the 245kV High Voltage Gas Insulated Switchgear. This strategic partnership not only marks a first-of-its-kind in Türkiye but is also poised to contribute substantially to the national economy through import substitution and export potential. Within the automation sector, Kontrolmatik's (IST:KONTR) Controlix is actively engaged in innovative IoT projects, including a remote meter reading pilot project across four metropolitan cities aimed at addressing water leakages in rural areas. The company is also making strides in industrial applications, such as the personnel fall tracking project in a chocolate factory, where Controlix's IoT technology enhances safety measures. In the transportation sector, Controlix has embarked on IoT product development for car-sharing companies, exploring alternative communication methods, in-vehicle network solutions, and vehicle information collection. Meanwhile, in the healthcare sector, the company's delivery of IoT modules and gateways to city hospitals has initiated an emergency monitoring project, enhancing security conditions within healthcare facilities. Controlix's global expansion is evident through the testing of meter reading products in the European market and the provision of solutions to diverse sectors such as healthcare, industrial facilities, hotels, and fuel stations. These ongoing projects exemplify Controlix's commitment to cutting-edge technology, strategic partnerships, and a comprehensive approach to solving challenges in various industries. As Kontrolmatik (IST:KONTR) continues to innovate and expand its horizons, it solidifies its position as a trailblazer in the convergence of green energy and automation, extending its influence from Türkiye to a global scale. Discover captivating details within Kontrolmatik's (IST:KONTR) activity reports https://www.kontrolmatik.com/activity-reports and investor presentations https://www.kontrolmatik.com/presentations About Kontrolmatik Technologies Since 2008, Kontrolmatik Technologies has been providing end-to-end digital solutions in the areas of energy generation and transmission, energy storage and Internet of Things (IoT), developing innovative and green technologies for a sustainable and carbon-neutral planet. Kontrolmatik's core business is brand-independent energy system integration and automation. To date, more than 300 projects have been implemented in over 30 countries in collaboration with supranational financial institutions (World Bank, IFC, EBRD, etc.). Kontrolmatik is listed on the Istanbul Stock Exchange (approx. $1.5 billion market capitalization). Contact Details Kontrolmatik Technologies Natalija Kostrikova +90 536 599 05 77 natalija.kostrikova@kontrolmatik.com Company Website https://kontrolmatik.com/en/

December 07, 2023 11:30 AM Eastern Standard Time

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