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Freshworks alums launch Growfin targeting the $125T global B2B payments market with a collaboration-first approach

Growfin

SaaS Fintech platform Growfin has launched globally today to transform how finance functions in B2B companies track and collect payments from their customers. With early customers across different sizes and geographies consisting of enterprise customers like Intercom, high performing unicorns like Darwinbox and fast growing startups like Airmeet, Locus.sh, Whatfix and MonetizeMore, Growfin is seeing strong product market signals, helping over $300 Mn of booked revenue be converted into cash. Getting paid and getting paid on time have been challenges as long as commerce has existed for businesses of all sizes. Managing receivables and collecting payments are often complex and compound even more as companies grow. “Collecting payments in B2B companies involve not only finance but also other stakeholders like sales and customer success, all of whom end up capturing payment information in their own formats and systems. This creates vacuums of information and countless workflow layers leading to a lot of inefficiencies in collecting payments,” says Aravind Gopalan, co-founder and CEO of Growfin.ai. Today, a lot of this is managed over emails, spreadsheets, ERPs, payment gateways, Slack conversations and meetings. Hence, stakeholders do not have real-time visibility into invoice payment statuses and AR balances. “Instead of having to rely on disparate systems that do not talk to each other, we have created an easy-to-use no-code platform that invites everyone concerned with an invoice payment, including the customer, to collaborate in one place where they all see the same information and help solve payment issues faster. This collaboration-first approach will offer better efficiencies, greater transparency and build trusted relationships between customers and businesses towards collecting B2B payments faster,” says Aravind. After talking to a focus group of 300+ finance professionals in 2021 to understand their pain points in collecting AR during, before and after the pandemic, Aravind says that the existing systems or vendors are not solving this problem the right way. “We learned that these skilled professionals were being hampered by existing archaic systems and were spending a lot of resources on managing receivables with poor efficiency. Their current ERP, payment systems or the legacy vendors were not helping solve their problems, as these platforms were simply tools to record and process invoice creation, deliver invoices and provide payment options,” added Aravind. Despite the growth in modern CRM systems for sales and innovation in fintech payment solutions, little has been done to manage the business of collecting B2B payments. Growfin is squarely aimed at solving this problem by creating transparency in the payments journey with a one-stop solution. “Growfin’s AI-powered system aims to bring archaic accounts receivables systems to the 21st century by providing access to real-time cash flow visibility and predictability for the CFO office. Businesses deserve to be able to improve cash-flow efficiency and forecast better by tracking payment statuses of their invoices in real-time. Aravind and Raja are well placed to solve these problems and we're excited to back their journey,” says Anurag, Partner at 3one4 Capital. Growfin’s Health Score can help enterprises proactively identify delays in payments and begin a dialogue in advance to ensure payments arrive on time. At the end of the day, each customer’s payment behavior and procurement process vary, requiring a personalized approach. While Growfin’s Collections Strategy allows you to automate this at scale, the built-in Collections CRM allows each stakeholder to manage customer relationships at an individual level. In the US alone B2B payments account for $25 trillion of money flows versus $4 trillion in B2C transactions. There have been untold innovations in B2C for payments but little for its much larger cousin, B2B. Due to the lack of innovation, B2B enterprises end up using B2C payment solutions to solve their pointed problems, which are not purpose built for managing receivables. “We believe that this new way of collaboration-first approach is the need of the hour for B2B enterprises to erase payment woes in a remote, digital-first world,” signs off Aravind. About Growfin Growfin is an automation platform that streamlines accounts receivables for B2B enterprises across the globe so finance, sales and customer success teams can collect cash faster to accelerate their cash inflows. Launched in 2021, Growfin’s collaboration-first approach to accounts receivables is a first in this category and aims to bring people, process and data together into one place for all stakeholders. Leading unicorns across the globe like Intercom, Mindtickle and Darwinbox use Growfin to collaborate and collect payments. Contact Details Growfin Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.growfin.ai

March 02, 2022 12:15 AM Pacific Standard Time

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Volatus Aerospace Closes Acquisition of MVT Geo-Solutions Inc., a Quebec-based Geomatics Service Company

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (“Volatus”) is pleased to announce that it has closed its acquisition of MVT Geo-Solutions Inc. (“MVT”), a Quebec, Canada-based leader in geomatics innovations. The company announced the definitive agreement to acquire MVT on February 1, 2022. The agreement was subject to several customary conditions including TSX Venture Exchange approval and due diligence. "With the successful closure of this acquisition, Volatus expands our footprint in Quebec, which is one of the largest markets in Canada. We also increase our expertise in geomatics and our access to national and provincial large-scale clients," stated Glen Lynch, CEO of Volatus. "Maude Pelletier and her team are a welcome addition to the Volatus family. We are all looking forward to working together and growing our business." Maude Pelletier, CEO of MVT, commented: “Combining our strengths and capabilities will allow us to lead the industry and maximize our potential. It’s with great pride that we join the family, and we look forward to participating in the growth of Volatus and sharing our knowledge with the rest of the team.” The total consideration payable in connection with the acquisition of 100% of outstanding shares of MVT is $995,000 CAD. This amount consists of: (i) $850,000 CAD paid in cash; and (ii) the balance through the issuance of 349,399 common shares of Volatus having a value of $145,000 CAD (calculated based on the last closing price of the Volatus common shares on the TSX Venture Exchange prior to the closing date). In a prior release (February 1, 2022) it was stated that Volatus will issue common shares to the value of $350,000. This has changed due to working capital adjustments as agreed between the parties. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking 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 includes information regarding (i) the business plans and expectations of the Corporation; and (ii) 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 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 Corporation 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 Corporation, 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 reflects the Corporation’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 impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation 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 Corporation 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. 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 01, 2022 07:08 PM Eastern Standard Time

NFT.NYC Returns to Times Square in 2022 for 4th Annual NFT Industry Event

NFT.NYC

NFT.NYC, the Leading Non-Fungible Token Event returns to Times Square on June 20-23, 2022 for its 4th consecutive year. " NFT.NYC is the Superbowl of the NFT space" - Jessica Williams, Coinbase Jodee Rich, NFT.NYC Co-founder, spoke about the growth of the event. “Our mission is to give the community a voice,” said Rich. “NFT.NYC has experienced exponential growth and we’re looking forward to our biggest event to date.” Today, the second round of speakers was announced: NFT.NYC/Speakers. Total speakers approved to date is now 760. Over 1,000 speakers will be approved. "This feels like the early SXSW Days" - GaryVee “Having the Boson Protocol logo splashed across Times Square during NFT.NYC attracted partners across the globe” - Justin Banon, Boson Protocol Steven Dolcemaschio of Ledger believes "NFT.NYC is the new CES for NFTs". NFT.NYC is attracting the ecosystem’s top projects, presenting new ideas, technologies and launching initiatives to its thousands of attendees. Title sponsors for NFT.NYC 2022 are eco-friendly blockchain network, Polygon and NFT checkout platform MoonPay. Sandeep Nailwal, Co-Founder of Polygon, further emphasizes this and underscores the shared values that are core to both Polygon and NFT.NYC. “We believe in the synergy between Polygon and the goals of NFT.NYC. The event brings together the entire community of creators, devs, and entrepreneurs building the NFT ecosystem. We are here to support the community that will create the best solutions with a new technology we believe will eventually be used ubiquitously.” "MoonPay aims to empower the creator economy by providing easier access to NFTs,” says MoonPay co-founder and CEO Ivan Soto-Wright. "NFT.NYC, the flagship event for the NFT community, is bar none the best way to connect with people and brands who want to harness the power of this incredible new technology, and ultimately give ownership back to creators.” TIME called NFT.NYC 2021 “The First Major NFT Conference”. NFT.NYC 2022 is expecting to put 1,000 speakers on stage, providing insights and use cases from startups, brands, and world-class enterprises. The 2021 event saw over 200 parties, galleries, meetups and other satellite events hosted during the week. Hosts of such events during NFT.NYC 2022 are encouraged to include their satellite events on the NFT.NYC website. Tickets can be purchased with fiat and cryptocurrency. Attendees are encouraged to purchase early as last year’s event sold out with 5,600 participants and over 3,000 on the waitlist. Visitors to NFT.NYC 2022 are able to take advantage of an exclusive offer for accommodations at the Marriott Marquis Times Square. About NFT.NYC Since its inaugural conference in February 2019, NFT.NYC events have hosted thousands of attendees, hundreds of leading speakers and the best projects in the Non-Fungible Token ecosystem. NFT.NYC’s Values: 1. GIVE THE COMMUNITY A VOICE Put as many speakers on stage as possible to provide the community with a voice. 2. CONNECTION Bring people together who are working on like projects 3. PROSELYTIZE Educate the global community about the value of NFTs Follow NFT.NYC on Twitter: https://twitter.com/nft_nyc Contact Details NFT.NYC Angela Whaley +1 303-718-0562 angelawhaley@nft.nyc Company Website https://www.NFT.NYC

March 01, 2022 12:12 PM Eastern Standard Time

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The Kohlbecker Brothers are leading Industrial Architecture into the Digital Age

Stockwood Strategy

In 2022, Kohlbecker Gesamtplan GmbH is celebrating 90 years of leading in Industrial Architecture and pushing boundaries in digitizing the industry. Making use of cutting-edge technology, the company has become Europe’s leading general planner and emphasizes on sustainability while working towards a carbon neutral footprint. Ever since the company was founded by Karl Kohlbecker in 1930, three generations of Kohlbecker men have dedicated themselves to be responsible for countless automotive structures on a global scale. Their reputation has brought them costumers like Mercedes-Benz, BMW, Audi, Porsche, Jaguar Landrover, Magna Steyr, and HK Motors. Kohlbecker Gesamtplan has not only worked for clients from the automotive industry, but the company has also contracted with HARIBO, the Jumeirah Group, the Sochi Winter Olympics as well as rebuilding Berlins iconic “Potsdamer Platz. Of course, as decades past, there was an intrinsic need to adapt, modify, innovate and finally revolutionizing the way architects work to keep the company’s edge over their competitors. Together, the charismatic duo is guiding their ninety-year-old family business into a bright future of sustainable, responsible, and digitized practices. Kohlbecker has quickly become one of Europe’s leading general planners having built its success by pushing digital capabilities. Kohlbecker’s reputation has seen it win ambitious, complex projects for manufacturing and production factories. Kohlbecker remains family-run with its lead principals, tech-savvy brothers Mat t hias and Florian, heavily invested in integrating technology – from AI and VR to robotics – into its core service offering. The architecture and engineering market is now heavily driven by technological advancements due to increasing project complexity. Digital tools, from machine learning to fabrication technologies; artificial intelligence to Big Data have become increasingly ubiquitous and pervasive within architecture. In midst of a global pandemic changing the rules and necessities of how social and business practices are executed, Kohlbecker has launched AVAT AR, their proprietary tech Platform which aims to increase project efficiency by 20%. AVAT AR acts as a “Digital Twin” for clients and project managers at Kohlbecker to virtually interface throughout the planning and management of any given construction project. Kohlbecker’s practices have proven to generate significant productivity increases, as well as potential cost savings. Kohlbecker’s AVAT AR technology has been used in large scale redevelopment projects with clients including a recent Project for German car manufacturer Audi in Asia. “ Not only was travel largely impossible due to the pandemic, it was also made unnecessary by our digital way of working,” shares Florian Kohlbecker. “ This made it possible to orchestrate a global team and a high-performance project without any face-to-face meetings. In the first 13 weeks of the undertaking, more than 251,000 miles of business travel were saved, thus preventing 110 tons of CO2 emissions (the equivalent of more than 115 soccer fields of forest being saved), which would have required 35,000 trees to absorb in the same period. This led to the over $300k being saved as well. “ The company will be showcasing AVAT AR at the Expo 2020 Dubai, with Florian Kohlbecker being on stage to run through facts and how technology might just be the answer to saving the planet. Today, Kohlbecker is well on track with a yearly revenue of over USD 30M. It’s lead principals Matthias and Florian Kohlbecker have successfully led the business to exceptional growth, including year-on-year growth for the past three years despite the coronavirus pandemic. Contact Details Kohlbecker Gesamtplan GmbH Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://kohlbecker.de/

March 01, 2022 10:00 AM Eastern Standard Time

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iTradeNetwork Offers Two Introductory Webinars on OrderMaestro—The Foodservice Industry’s Best-In-Class Ordering And E-Commerce Platform

iTradeNetwork

iTradeNetwork, the food and beverage industry’s largest network, will be hosting two webinars to introduce its new solution—OrderMaestro, a branded mobile ordering experience that streamlines and automates ordering and inventory for the foodservice industry. Each webinar is designed for a specific OrderMaestro customer segment—distributors or operators—and will be hosted by Mike Anderson, iTradeNetwork’s Vice President of Sales Solutions. Webinar details: OrderMaestro for Operators | March 10, 2022, at 2 p.m. EDT / 11.a.m. PDT OrderMaestro for Distributors | March 17, 2022, at 2 p.m. EDT / 11 a.m. PDT OrderMaestro solves the unique, complex challenges that distributors and operators are facing today. With thousands of competitors on the market, OrderMaestro gives distributors a competitive advantage by delivering a best-in-class e-commerce solution that customers love. For operators, not only does OrderMaestro make their teams faster and more productive with a simplified ordering experience, but it also gives them the visibility to maximize purchasing compliance and uncover new contracting opportunities across geographies, categories and operating units. OrderMaestro customers increase productivity, reduce costs and drive revenue growth with a host of valuable features. Webinar attendees can look forward to learning more about how operators and distributors can: Combat labor shortages with an intuitive, easy-to-use mobile app - no formal training required. Use smart barcode scanning and voice recognition technology to place an order or take inventory in as little as 3 clicks. Collect rich, comprehensive data on the products that are being purchased across their organization or customer base. Build in-app promotion programs that create new sources of revenue and even distributor loyalty programs. Collaborate in real time with alerts and in-app messaging and save the hours spent communicating through phone calls and emails. Take inventory from a mobile device in any environment, online or offline. About iTradeNetwork iTradeNetwork, Inc. is the leading global provider of supply chain management solutions for the food and beverage industry. Built upon deep industry expertise, a rich data foundation and the industry’s most extensive trading partner network, iTradeNetwork’s collaborative solutions allow distributors, manufacturers, operators, retailers, suppliers and wholesalers of all sizes to reduce cost, grow revenue and strengthen trading partner relationships. Today, iTradeNetwork’s growing customer list includes thousands of companies globally. For more information, visit: https://www.itradenetwork.com/. Contact Details Landis Communications Inc. Robin Carr +1 415-971-3991 itn@landispr.com Company Website https://www.itradenetwork.com/

March 01, 2022 06:03 AM Pacific Standard Time

Restaurant Delivery Software Provider VROMO Partners With Restaurant SaaS, Host Kitchen Tech Startup KBox Global

VROMO

Restaurant operators and host kitchens looking to make their delivery operations more efficient and profitable can now take full advantage of a lucrative new partnership between the restaurant delivery software provider VROMO and Kbox Global, a UK-based startup that turns underused commercial kitchen spaces into takeout delivery hubs. Together, the companies will optimize digital sales and create a more efficient delivery model for host kitchens, generating much-needed new revenue streams for restaurant operators. VROMO automates the entire delivery solution with a wide range of features, including route optimization, order stacking, driver ETA and live order tracking. The solution seamlessly integrates delivery service providers with restaurant operations for the fastest, most efficient delivery, resulting in exceptional customer experience. The system is designed for in-house delivery but offers a hybrid solution. This means restaurant brands can “overflow” orders to a range of third-party fleets such as DoorDash drivers when volume exceeds the restaurant’s driver capacity. Operators never have to reject an order, third-party fleet partners receive additional volume, and all parties benefit from the VROMO ecosystem of cohesive restaurant and food delivery operators. “Our goal is to become the No.1 delivery management software for restaurant brands, and we’ll do this by offering the best software solution and the most comprehensive range of third-party delivery fleets to our partners around the globe. We look forward to growing this partnership with Kbox because of their unparalleled focus on the operator's experience. Their tech solutions were built by operators, for operators, and we look forward to them bringing these insights to the U.S. market,” said VROMO CEO Brian Hickey. Salima Vellani, CEO of Kbox Global, commented, “We are delighted to partner with VROMO ahead of our rollout to hundreds of new locations across the U.K., Australia and the U.S. Having looked at several delivery software tools, we found VROMO to be the standout product, and we are confident that together we can create the most efficient delivery model possible for our operators.” This partnership marks a major milestone for both companies and aligns with the increasing popularity of digital ordering for both in-restaurant and off-premise. Throughout 2021 and early into 2022, VROMO signed several international-partnership deals to enhance its offering for both restaurant and third-party delivery partners. In recent months, the company has announced partnerships with DoorDash, Deliverect, Square, Stuart and the RMDA. About VROMO VROMO provides a customizable delivery management solution for the restaurant sector. The software automates the entire delivery management operation and enables restaurants to use a combination of in-house delivery staff, drivers from marketplace platforms and/or drivers from local Delivery Service Partners. Visit http://www.vromo.io/ for more information. You can also find VROMO on LinkedIn. About Kbox Built by operators for operators, the Kbox suite of software enables any foodservice operation to be digitized for off-premise and on-premise ordering. In one easy-to-use solution, Kbox provides customer-led in-venue, takeaway, first-party and third-party delivery solutions for any foodservice operator. With machine learning powering the platform, Kbox’s proprietary menu-optimization solution enables operators to increase revenues, reduce wastage, improve labor efficiency and potentially even add additional revenue streams through virtual brands. The Kbox solution is powering kitchens in the U.K. and Australia and is now bringing its industry-leading solution to the U.S. More on how Kbox works, including a tech demo, is available here — see how you can say goodbye to multiple devices, manual entry, mistakes and lengthy admin processes. Contact Details Center Reach Communications Tracy Henderson +1 720-989-3530 tracy@centerreachcommunication.com Company Website https://vromo.io/

March 01, 2022 09:00 AM Eastern Standard Time

Global Advanced Metals Declared Conformant to Minerals Due Diligence Audit Standard for Twelve Consecutive Years

Global Advanced Metals

Global Advanced Metals Pty Ltd (GAM), a leading producer of tantalum powders, additive manufacturing powders, and metallurgical products, has successfully undergone conflict minerals due diligence audits by the Responsible Minerals Assurance Process (RMAP) of the Responsible Minerals Initiative (RMI). Following the September 2021 audits, RMAP-RMI has determined GAM Aizu, Japan and Pennsylvania, USA facilities conformant to its audit standard for the twelfth time. “Successful RMI-RMAP audits are a reflection of GAM’s holistic approach to due diligence, which includes strategic engagement and collaboration with organizations like the Public Private Alliance for Responsible Minerals Trade (PPA), the Responsible Minerals Initiative (RMI), and the Organization for Economic Cooperation and Development (OECD) Multi-Stakeholders Group among others.” said Mark Lackey, GAM Vice-President of Global Operations The RMI-RMAP conflict-minerals due diligence audit program is led and supported by a cross section of industries (e.g., Electronics, Aerospace, Automotive), governments, and other stakeholders. Downstream companies rely on the compliance of smelters like GAM to comply with US Dodd-Frank 1502, EU conflict minerals regulations, and other applicable regulations GAM will continue to enhance its management system approach to minerals due diligence through outreach activities such as: the June 2021 presentation at the D. R. Congo National Episcopal Conference Forum on the Management of Natural Resources and the Environment, and engagement with local University students to share the importance of the role of business in promoting ethical sourcing. About GAM A leading conflict-free tantalum producer, GAM has exclusive rights to the world’s largest industrial resources of tantalum ore located in Western Australia. GAM produces conflict-free tantalum powders and metallurgical products at its Pennsylvania, USA and Aizu, Japan plants for a range of industries including electronics, aerospace, automotive, medical and chemical processing. GAM’s smelting facilities in Japan and the USA were first declared “Conflict-Free” in 2010 under the former EICC/GeSI Conflict-Free Sourcing Initiative (CFSI) audit program and continue to maintain their conformance to the current (RMAP) standard. About RBA, RMI and RMAP The Responsible Business Alliance—RBA was formerly known as the Electronic Industry Citizenship Coalition—EICC, The Responsible Minerals Initiative (RMI) was formerly known as the Conflict Free Sourcing Initiative—CFSI, and The Responsible Minerals Assurance Process—RMAP was formerly known as the Conflict Free Smelter Program—CFSP. Contact Details Global Advanced Metals Jean-Paul Meutcheho +1 610-369-8165 JMeutcheho@globaladvancedmetals.com Company Website https://globaladvancedmetals.com/

March 01, 2022 08:03 AM Eastern Standard Time

News Release

StructuredWeb Expands Executive Lineup With Strategic Hires

StructuredWeb

StructuredWeb, the top-rated enterprise channel marketing automation (TCMA) platform, today announced the addition of two new members to its senior leadership team: Steven Kellam as Chief Revenue Officer (CRO) and Yair Leshem as Chief Operating Officer (COO). The new executive hires join the company during a period of rapid growth, expansion and opportunity. As CRO, Steven Kellam will ensure that all revenue-generating processes at StructuredWeb are operating effectively and efficiently. He will play an integral role in leading the go-to-market strategy to help the business maximize revenue, while offering a best-in-class experience for clients and partners. Kellam is an accomplished senior executive with decades of global experience in profitably building, growing and running enterprise technology companies. He is a respected leader in the channel marketing space with a deep understanding of complex sales channels as well as partner enablement and engagement strategies. “StructuredWeb is a true innovator and disruptor in the channel marketing space, and I’m honored to be working for the definitive industry leader,” Kellam said. “There’s enormous opportunity in this space, and StructuredWeb is leading the charge with technology that connects brands with their channel partners to maximize adoption, engagement and revenues. I’m also excited to join the company during this period of hypergrowth, and look forward to helping further fuel it.” Prior to StructuredWeb, Kellam held positions as Senior Vice President and Global Channel Chief at 360insights and President at CCI | Global Channel Management. At 360insights, Kellam initiated an acquisition strategy that led the company to becoming one of the largest channel technology providers globally. Recently, Kellam was named 2022 Channel Chief, acknowledging his role as a top channel executive. Yair Leshem has a strong track record of achieving profitable growth through business, digital, and technology transformations. He brings over a decade of experience leading operations and business development efforts, as well as executing successful large-scale SaaS enterprise sales for several companies, from startup-mode to initial public offering (IPO). “It’s a dynamic time to be a part of the channel sector, and the StructuredWeb channel marketing platform is at the forefront, transforming marketing automation for leading enterprise brands,” Leshem said. “I’m excited to be part of a talented team as we continue to innovate, adapt and grow — and help our enterprise clients do the same.” Most recently, Leshem worked for video cloud technology and services company Kultura. There, he led a revenue team of sales representatives, solution architects and CSMs focused on selling, growing and retaining large-size technology companies in North America. In his new role as COO, Leshem will guide and execute StructuredWeb’s business plan and align daily operations to achieve the company’s business goals. He will work closely with StructuredWeb President and CEO Daniel Nissan, and the rest of the management team, to support and promote growth, while maintaining the exceptional level of support for which the company is recognized. “We’re thrilled to have Yair and Steven join our leadership team,” said Nissan. “They will each play a key pivotal role in driving and accelerating the company forward as we continue to grow our channel marketing platform, go-to-market capabilities and world-class service.” About StructuredWeb: StructuredWeb is the leading enterprise channel marketing automation platform. For more than two decades, StructuredWeb has combined innovative technology with proven go-to-market strategies and world-class services to deliver a faster way to accelerate partner demand generation, strengthen partner engagement and grow channel revenue. Contact Details Trust Relations Sarah Thorson +1 609-234-8531 structuredweb@trustrelations.agency

March 01, 2022 08:00 AM Eastern Standard Time

G Medical Innovations’ G Medical Tests and Services to Expand COVID-19 Testing to 150+ Additional Locations Across California via a $5.2 Million Cash Purchase

G Medical Innovations Holdings

G Medical Tests and Services, Inc., a wholly-owned subsidiary of G Medical Innovations Holdings Ltd. (NASDAQ: GMVD), announce today that it has expanded its COVID-19 testing services to more than 150+ additional locations across California. The new testing sites include theme parks, schools, commercial properties, office complexes, public buildings, and mobile facilities. G Medical acquired the business conducting testing at the locations for a total of $5.2 million in cash, to be paid out in milestones. The new sites will enable processing of more than 200,000 COVID-19 PCR and rapid antigen/flu tests, with anticipated revenues of $20 million over the next several months - with longer-term growth expected via direct-to-consumer health solutions. The company also reports it has repaid $2.5 million in cash on a $5 million convertible loan issued by Lind Partners. G Medical expects to process more than 200,000 COVID-19 PCR and rapid antigen/flu tests from the new sites, which will generate anticipated revenues of more than $20 million for G Medical Tests and Services in the next several months. The need for convenient COVID-19 PCR, Rapid Antigen/Flu testing, personal healthcare monitoring continues along with the company’s Prizma Care remote patient monitoring directly to consumers. “Our sites create synergies between the ongoing need for testing and remote patient monitoring. The new locations will support our continued investment in direct-to-consumer infrastructure,” said Dr. Yacov Geva, President, and CEO of G Medical Innovations. “COVID-19 is now part of the fabric of our daily lives, and taking control of one’s own health, including daily monitoring of vital signs with our Prizma is more important than ever.” About G Medical Innovations G Medical Innovations Holdings Ltd. is an early commercial-stage healthcare company engaged in the development of next-generation mHealth and telemedicine solutions and monitoring service platforms. The Company’s solutions and services can empower consumers, patients, and providers to better monitor, manage and improve clinical and personal health outcomes, especially for those who suffer from cardiovascular disease (or CVD), pulmonary disease, and diabetes. The Company’s current product lines consist of its Prizma medical device (or Prizma), a clinical-grade device that can transform almost any smartphone into a medical monitoring device, enabling both healthcare providers and individuals to monitor, manage and share a wide range of vital signs and biometric indicators; its Extended Holter Patch System, a multi-channel patient-worn biosensor that captures electrocardiography (or ECG) data continuously, including its QT Syndrome Prolongation Detection Capabilities Patch. In addition, the Company is developing its Wireless Vital Signs Monitoring System (or VSMS), which is expected to provide full, continuous, and real-time monitoring of a wide range of vital signs and biometrics. Its monitoring services include provision of Independent Diagnostic Testing Facility (or IDTF) monitoring services and private monitoring services. Visit https://gmedinnovations.com/. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, G Medical is using forward-looking statements when it discusses milestone payments, that it expects to process more than 200,000 COVID-19 PCR and rapid antigen/flu tests from the new sites and anticipated revenue. Because such statements deal with future events and are based on G Medical’s and McDade Products’ current expectations, they are subject to various risks and uncertainties, and actual results, performance, or achievements of G Medical and McDade Products could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in G Medical’s prospectus filed pursuant to Rule 424(b)(4), filed with the Securities and Exchange Commission (“SEC”) on June 28, 2021, the registration statement on Form F-1 filed on February 14, 2022 (registration no. 333-262724) and in any subsequent filings with the SEC. Except as otherwise required by law, the companies undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. G Medical and McDade Products are not responsible for the contents of third-party websites. Contact Details G-Medical Innovations Kobi Ben-Efraim, CFO +972 8-958-4777 service@gmedinnovations.com Company Website https://gmedinnovations.com/

March 01, 2022 07:00 AM Eastern Standard Time

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