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OOKLA® NAMES XFINITY THE FASTEST INTERNET PROVIDER IN OREGON

Comcast Oregon / SW Washington

Global network intelligence and connectivity insights leader, Ookla® has named Xfinity the fastest Internet provider in Oregon and in the Portland metro area specifically. The recently published Speedtest Global Index rankings, based upon consumer testing of Internet services in the United States in Q2 2022 through Ookla’s speed test website, showed Xfinity coming out on top in 12 states across the country, more than any other provider by a wide margin. Xfinity’s median consumer tested download speeds of 173 megabits per second (Mbps) across Oregon were faster than the median speeds tested by the next closest provider. And Xfinity customers in Portland received speeds 29% faster than CenturyLink. With more than 81,000 tests performed during the quarter in Oregon, Ookla’s report also provides a real-time view into the Internet speeds that consumers are actually experiencing based on the service tiers they select. “Consumers are using more connected devices in their homes than ever before,” said David Tashjian, Regional Senior Vice-President of Comcast Oregon/SW Washington. “We’ve invested billions into our network to deliver our fastest speeds throughout our region and across the country. We are committed to delivering the best possible connectivity experience and will continue to exceed our customers’ growing demand for fast, reliable, and secure Internet connections.” “I am so proud to work with an incredible local network team who work tirelessly to make sure that communities in Oregon have access to fast and reliable connections,” said Jacob Mitchell, Vice-President of Sales and Marketing for Xfinity. “We have built a network that delivers our full range of speeds to everyone everywhere Comcast delivers service, providing more choices for our customers based on what they need to power their home.” Xfinity Internet provides an unbeatable connectivity experience with the fastest download speeds, advanced cybersecurity protection, and total control over all the devices connected over WiFi in the home. Recently, Comcast began rolling out its Supersonic Gateway, capable of delivering speeds faster than a Gig and three times more capacity to connect hundreds of devices simultaneously. The new Supersonic WiFi gateway is WiFi 6E capable and is now available to Xfinity Internet Gigabit and Ultrafast customers across the U.S. Faster speeds will be just one of the consumer benefits made possible through Comcast’s continued efforts to evolve its entire network to 10G. 10G is a next-generation technology platform supported by a global collaboration of companies in the Internet industry focused on building networks that stay ahead of consumer demand for connectivity. In addition to enabling multi-gig symmetrical connections, 10G efforts will provide even greater network reliability, lower latency, faster troubleshooting, and increased energy efficiency. More information about the industry’s efforts toward a 10G future can be found here. Visit www.xfinity.com for more information. Comcast also provides Internet to businesses with Comcast Business Internet. ABOUT COMCAST CORPORATION:Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with over 56 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. Contact Details Comcast Oregon/SW Washington Amy Keiter +1 503-310-3879 amy_keiter@comcast.com Company Website https://corporate.comcast.com/

September 12, 2022 07:05 AM Pacific Daylight Time

38-Year Minuteman Press Franchise in East Northport, NY Emerges from Pandemic With Record Sales Growth

Minuteman Press International Inc

When Cathie Loudon purchased her Minuteman Press franchise in East Northport, Long Island in 1984, her son Dave was 15 years-old. “I fondly remember working in the shop during my high school years, and then I started full-time in the family business in 1988,” says Dave. While the printing industry has certainly changed in the 38 years since the Loudon family first joined the Minuteman Press family, there are a few common threads that remain today. Dave says, “I have always believed in providing a personal touch and outstanding customer service. If we can deliver high quality products on time and make sure we are there for are clients whenever they need us, we have seen for nearly 40 years how that will generate positive referrals for our business.” This customer-facing approach and proactive outreach helped Minuteman Press in East Northport hold steady during the height of the pandemic in 2020 as they remained open and operating as an essential business. Then, as more businesses ramped up their production and promotion of goods and services, Dave and his team were able to achieve 66% sales growth in 2021 over 2020. And today, Minuteman Press in East Northport is on pace for another record sales year in 2022, including record monthly sales in April of 2022. Dave says, “There were clients that we reached out to who asked us to fulfill orders for essential items during the pandemic. Some of these clients are now asking us to fulfill bigger orders for even more items they need now that business is picking up.” Dave continues, “For many years, we’ve had a relationship with one of our startup clients. Suddenly, during the pandemic, they entered a boom period and have been growing ever since. What used to be smaller orders are now larger, more high volume orders that we are able to fulfill.” “Because we were open as an essential business, we remained there for our clients. We have seen an uptick in orders for wide format printing, as signage is in high demand. I also listen to my clients and suggest items that I know can help them grow, such as mailings with QR codes, apparel, and promotional items.” -Dave Loudon, Owner, Minuteman Press, East Northport, NY In addition to the usual outreach and customer service, Dave also invests in the Minuteman Press Internet Marketing Program. “Just sticking with the Minuteman Press system is really what has worked best for us and kept us going all of these years.” When asked about the evolution of the printing industry over the past 38 years, Dave says, “Digital printing, wide format, and the internet are the three biggest differences. We can do so much with in-house digital and wide format printing, which is a huge benefit for our turnaround times.” As for online competition, Dave says, “We get a good amount of people who come in asking us to clean up incorrect projects that someone else did online. When we fix orders like these, it helps us keep our reputation as the go-to local printer, and it leads many of them to use us from the first step the next time around. This helps us build and maintain our reputation, and generates more good will and referrals.” Dave has two pieces of advice for other business owners. “First, remember that customer service is one of your most powerful forms of relationship-building, and, in its own way, marketing.” “Secondly, it’s important to remind people about the tangibility and viability of print. Simply put, print makes an impact. Whether it’s signage, restaurant menus, or postcards with QR codes, print has the ability to draw people to your business, both in person and online.” Minuteman Press in East Northport is located at 281 Larkfield Rd., East Northport, NY 11731. For more information, visit their website: https://minuteman.com/us/locations/ny/east-northport/ Learn more about #1 rated Minuteman Press franchise opportunities and see Minuteman Press franchise reviews at https://minutemanpressfranchise.com. Contact Details Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

September 12, 2022 10:00 AM Eastern Daylight Time

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XPOINT ANNOUNCES LIVE XPOINT LITE PARTNERSHIP WITH FLEX FANTASY

Xpoint Technology

Xpoint, the leading geolocation and compliance technology company specializing in North American sports betting and iGaming markets, has confirmed that another Daily Fantasy Sports (DFS) partner, Flex Fantasy, is now live with Xpoint Lite – Xpoint's specialist geolocation product for DFS operators. Flex Fantasy, is the new fun, simple DFS platform that enables players to use their existing season-long team to engage in as many challenges as they want against other players, instead of having to pick a new daily fantasy line-up each week, whether they are in the player’s season-long league or in a separate league. “Summer 2022 has been extremely busy for our team, and we’re delighted that we can now unveil that we have also added Flex Fantasy to our partner list,” commented Marvin Sanderson, Xpoint CEO and Co-Founder. “The team behind Flex bring fresh thinking and a great product to the DFS space, and we’re proud to have Xpoint Lite helping them go to market.” Xpoint Lite is the go-to option for Daily Fantasy Sports (DFS) operators in the growing North American market. Embedded within partner platforms (web and apps), Xpoint Lite is a Software Development Kit (SDK) that provides DFS operators with state-of-the-art geolocation technology which helps ensure they meet North American regulatory and compliance standards, and uses location data to help them unlock the true potential of their geolocation investment. "The Xpoint team see us as true partners, and we’re very happy to have their tech embedded within our platform,” commented Joel Cettina, CEO and Founder of Flex Fantasy. "We have ambitious growth plans, and Xpoint will be able to scale up as we expand, something that was key to our decision to work with them. We’re excited about our own future, and pleased that Xpoint are playing such a key role in our ongoing development.” For more details, and to find out how Xpoint can help transform both real money gaming and DFS operator platforms, please go to xpoint.tech and follow Xpoint on social media via LinkedIn. ABOUT XPOINT Xpoint provides essential geolocation security solutions and intelligent marketing insights to the global sports betting and iGaming industries. The innovative platform ensures partners meet their regulatory geo-compliance obligations, and delivers enhanced value to its partners through the generation of data that can drive marketing programs. Founded in 2019, with U.S. offices in Miami and Florida, and led by the company's CEO and Co-Founder Marvin Sanderson - a global sports betting and iGaming industry leader - Xpoint is changing the global geolocation market, bringing innovation to an industry that has, to date, viewed geo-compliance as utility, not a new business opportunity. For more information, visit xpoint.tech and follow LinkedIn and Twitter for regular updates. ABOUT FLEX FANTASY Flex Fantasy allows players to use their season long teams to engage in daily style challenges across different leagues and platforms. Launched in 2021, Flex Fantasy is the new fun, simple DFS platform that enables players to use their existing season-long team to engage in as many challenges as they want against other players, instead of having to pick a new daily fantasy line-up each week, whether they are in the player’s season-long league or in a separate league. Contact Details Tom Webb +1 512-952-9369 tom.webb@xpoint.tech Flex Fantasy Joel Cettina joel@flex.fan Company Website https://xpoint.tech/

September 12, 2022 10:00 AM Eastern Daylight Time

6WIND is coming to MWC Las Vegas, helping CSPs reduce Energy Consumption by Two-thirds!

6WIND

6WIND, a leading high-performance virtualized & cloud-native networking software company today announced their participation at MWC Las Vegas. 6WIND deliver high-performance and secure Virtual Service Router (VSR) Solutions, which are deployed bare-metal, virtualized, or containerized on COTS servers in private and public clouds. 6WIND VSR Solutions help reduce the carbon footprint by lowering the energy consumption by two-thirds, cost effectively without sacrificing performance by drastically reducing the hardware servers required. 6WIND VSR solutions; vPE, vCSR, vSecGW, vCGNAT, vBorderRouter & vCPE, have proven their energy saving capabilities and their impact on reducing the carbon footprint. These solutions deliver high performance, security, scalability, flexibility, openness and agility, to global CSPs, MNOs, Cloud Providers, Data Centers and Enterprises. These are deployed bare-metal, virtualized, containerized or cloud-native on COTS servers in private and public clouds. At MWC Las Vegas, 6WIND will show case its VSR, Cloud Native and Host Acceleration solutions on booth no. W2.952. 6WIND will demonstrate how they can help reduce the cardon footprint by two-thirds with their VSR solutions! 6WIND will also present a Tech Talk on Sept 29 at 11am, where they will share how CSPs can accelerate their virtualized and cloud native journey whilst lowering their energy consumption by two-thirds! More details here. “We are very excited to be present at MWC Las Vegas as these events provide an excellent platform for us to showcase our offerings to our target audience. At 6WIND we are proud to be a Green Tech company, contributing to the reduction of CO 2 within our eco-system. We are helping CSPs, MNOs and Cloud Providers to build efficient, competitive and sustainable networks with our VSR solutions. We look forward to meeting with our customers and prospects at this leading industry event.” commented Julien Dahan, CEO, 6WIND. About 6WIND 6WIND is a green tech virtualized & cloud-native networking software company and the worldwide leader for Virtual Service Router solutions. 6WIND software is deployed globally by CSPs, MNOs, Cloud Providers, Data Centers & Enterprises, allowing them to replace expensive hardware & build their new 5G networks with virtualized networking software solutions for routing and security use cases. 6WIND has a global presence with Headquarters based in Paris - France, Santa Clara, CA - USA and Singapore. Social follow - LinkedIn & Twitter www.6wind.com Contact Details 6WIND Neelam Bahal, VP Global Marketing +44 7805 090701 neelam.bahal@6wind.com Company Website https://www.6wind.com

September 12, 2022 09:00 AM Eastern Daylight Time

OPPO joins the Open 3D Foundation to spur the development of 3D graphics on mobile devices

OPPO

SHENZHEN, CHINA - Media OutReach - 12 September 2022 - OPPO today announced that it has officially joined Open 3D Foundation (O3DF), part of the nonprofit Linux Foundation, as a Premier member. Founded in 2021, the O3DF was created to promote cooperation and pooling of resources among developers by supporting open-source projects in 3D graphics, rendering, and game development. The O3DF's flagship project is the Open 3D Engine (O3DE) — a cross-platform, open-source engine capable of powering AAA games and cinema-quality 3D worlds. The O3DF counts 25+ other leading technology companies, including Adobe, Amazon Web Services, Intel, and Microsoft, among its supporting members. By joining the Foundation, OPPO will not only contribute to the development and adaptation of 3D graphics technology for mobile devices but will also boost the performance of 3D graphics on them by working with other industry leaders. As part of its commitment to the O3DF, OPPO will actively participate in the O3DF Governing Board and its Technical Advisory Committee. OPPO will also join the effort of creating a working group specialized in the adaptation and development of the O3DE on mobile devices. "Today, 3D graphics technology has become an essential element of modern society, with application domains ranging from visual effects, gaming, and medical imaging to the next-generation content like Metaverse," said Hansen Hong, Director of OPPO Software Technology Planning. "We are excited to join the Open 3D Foundation as a Premier member at the early stage of its development. Through our collaboration within the Foundation, we are eager to contribute to the Open 3D Engine with mobile platforms as our focus. Together with the Mobile Device Working Group, we will bring smoother and more user-friendly mobile development experiences to O3DE developers while generating more efficient yet immersive and realistic rendering applications for mobile users. " "We're excited to welcome OPPO to the community, and we look forward to its contributions in helping advance 3D graphics standards through the O3DE project," said Royal O'Brien, general manager of Digital Media and Games at the Linux Foundation and executive director of O3DF. "New members like OPPO personify the value of O3DE's modular architecture, which makes it easier for developers to build 3D solutions that combine the technologies best suited to a diverse set of use cases. Mobile gaming is a great example of how that modular approach fosters extensibility and adaptability from our core technology." The O3DE is a modular, open-source, cross-platform 3D engine with a photorealistic 3D renderer and other features built to power anything from AAA games to cinema-quality 3D worlds and high-fidelity simulations. The engine is licensed by Apache 2.0 and MIT and is available worldwide. The O3DE features a completely modular construction, allowing developers to choose the functions they want according to their needs. Due to its open-source nature and modularity, the engine is highly scalable, meaning developers can add new tools, functions, and development processes to their projects. Meanwhile, its cross-platform compatibility enables interoperability and portability of real-time 3D assets and tools across development environments, unleashing the creativity of artists and developers around the globe. The arrival of OPPO to the O3DF community will help accelerate the development of O3DE features and capabilities specifically for mobile devices, allowing advanced computer graphics features such as ray tracing to be used in more mobile applications. At the Game Developers Conference (GDC) in March this year, OPPO introduced the ColorOS Ray Tracing 3D Wallpaper, successfully bringing interactive ray tracing applications to smartphones for the first time. Users can watch in real-time by tilting the smartphone as virtual light interacts with virtual environments to create shadows, reflections, and other lifelike light effects. Through the O3DF and other initiatives, OPPO will continue to work with developers and partners to seek more Inspiration Ahead, expanding access to technology to enable more people to enjoy a smarter life. Contact Details Media Contact press@oppo.com

September 11, 2022 09:00 PM Eastern Daylight Time

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VERMILLION'S FASTEST, MOST AFFORDABLE INTERNET OPTION IS BLUEPEAK

Bluepeak

Bluepeak announced it has completed the vast majority of its fiber-to-the-home network expansion in Vermillion, S.D., and now offers higher speeds at better prices than any internet service provider ever has here. By the numbers: Vermillion residents can choose from three internet speed and price tiers: 1 gigabit-per-second (Gbps) for $50/month. 2 Gbps for $65/month. 5 Gbps for $100/month. Businesses can get higher speeds at greater value too, with up to 10 Gbps and customized solutions for different business needs. [Prices include AutoPay and paperless billing.] Why it matters for Vermillion: That’s more speed than any other service provider in town can offer. More than enough data for learning and working remotely or streaming the big Coyotes game! And with Bluepeak, there’s no temporary promotional rate and no hidden fees for equipment. Where can Vermillionaires get this service? As depicted in the service area map, Bluepeak’s fiber network now covers most of the Vermillion city limits, almost all between South Dakota Highway 50 and the Vermillion River. The network also covers areas around the University of South Dakota campus, Vermillion Middle and High Schools, and Jolley Elementary. The final stage of construction is ongoing in the area of Vermillion along West Broadway and East Broadway streets, south of West 8th and West Chestnut streets, and north of Cotton Park. That part of town is on track to have access to Bluepeak service by the end of September. Those interested can confirm service availability at their address on mybluepeak.com. Why Vermillion? Bluepeak believes the size of the town shouldn’t determine the quality of the technology, and the good folks of Vermillion have waited too long for more, better options. In fact, according to broadbandnow.com, 12 percent of consumers in Vermillion only have access to 1 or fewer wired internet providers at their address. Vermillion also ranks in the bottom half of connected cities in South Dakota behind Jefferson, Elk Point, and Beresford. That’s why Bluepeak chose Vermillion as the place to build out their first-ever all-fiber network expansion. That means when you get Bluepeak service in Vermillion, it’s always cutting-edge, fiber broadband technology built to meet users’ needs well into the future. For more information and to sign up for the latest Bluepeak updates in Vermillion, visit mybluepeak.com. About Bluepeak Bluepeak is building a faster, more reliable internet without the things that get in the way of great service - like red tape, hidden fees, and slow response times. Offering up to 5 gigabits of speed for residential customers and 10 gigabits for businesses, Bluepeak is a whole new ballgame - from internet to TV, to connecting every device in a home, to powering a business, Bluepeak not only provides the best fiber connections in the communities it serves, but also meets the growing needs for how its customers live. Contact Details Jesse Granger +1 720-703-4315 mediaqueries@mybluepeak.com Company Website https://www.mybluepeak.com

September 10, 2022 07:00 AM Central Daylight Time

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Coresight Research Announces Acquisition of Alternative Data Analytics, Expands Service Offerings, Welcomes Daniel Goldberg as Chief Data Strategy Officer

Coresight Research

Coresight Research, a global provider of research, data, events and advisory services for consumer-facing retail technology and retail real estate companies and investors, today announces that it has acquired Alternative Data Analytics, a leading data strategy and insights firm. As part of the transition, Daniel Goldberg, Founder of Alternative Data Analytics, will join Coresight Research as Chief Data Strategy Officer. “Through this acquisition, Coresight Research will significantly increase our data capabilities and further extend our expertise in data-driven research," said Deborah Weinswig, CEO and Founder of Coresight Research. “The buildout of a data advisory practice has been on our roadmap since the launch of our data science operations in Lagos last year, and Coresight Research will now possess an enhanced ability to consolidate and convert data into knowledge.” A renowned figure in data strategy and alternative data, Daniel Goldberg understands the decision-making processes of senior executives. Through Alternative Data Analytics, he has focused on building complex data sets and productizing them for accessibility and monetization. He has spent the last decade implementing data strategies to improve decision making. “Coresight Research’s global reach and corporate-focused client base will provide our data business with a greatly expanded network of clients and data buyers in the retail, retail tech, consumer and real estate spaces,” noted Goldberg. “Additionally, my role as Chief Data Strategy Officer will open up a significant opportunity to meet the expanding need for data products by the firm’s growing client base.” “As corporations accelerate their use of data to improve operational efficiencies, target customers and re-engineer the supply chain, Coresight Research’s enhanced offering—combining new data products and services with its well-established and award-winning research and insights—will be a key differentiator,” Goldberg added. As part of the expansion of its data services offerings, Coresight Research recently launched its Store Intelligence Platform, an interactive, real-time solution for tracking store openings, closures and active store counts as well as accessing additional analytics. The comprehensive platform offers a proprietary view into the changing world of retail real estate and is already driving improved decision making for clients. The offering will be especially valuable in light of the numerous financial and operational challenges that retailers are facing during this period of change in consumer expectations and last-mile delivery models. For more information on Coresight Research, please visit coresight.com. About Alternative Data Analytics With a 100% focus on the alternative data space over the last 10 years, Alternative Data Analytics is among the most experienced, knowledgeable and well-connected data advisory firms in the financial services industry. Alternative Data Analytics is a leading provider of advisory and consulting services to the rapidly growing alternative data ecosystem, working with both data buyers and data/analytics providers, among others. Advising firms on global data strategy, the firm builds in-house data teams; identifies, captures, and centralizes internally generated data; and sources unique third-party alternative data sets (i.e., geolocation, email receipts, global shipping data, social media sentiment, credit cards). Data monetization and go-to-market offerings include product development, data quality assessments, compliance navigation, marketing presentations, and client introductions to data and analytics companies looking to create new revenue streams. About Daniel Goldberg (Founder, Alternative Data Analytics) Before founding Alternative Data Analytics, Daniel Goldberg was founder and CEO of the first alternative data analytics business using email data to come to market and service the buy-side. He also brings 12+ years of Wall Street (sell-side and buy-side) experience, having worked for Hunter Global Investors and Bear Stearns, after starting his career at Ernst & Young. As the senior analyst at Bear Stearns covering the broker, asset manager and financial technology sectors, Daniel was recognized by Institutional Investor Magazine for his outstanding work from 2000 to 2007. He currently serves as an active advisory board member for several alternative data companies and is a regular participant in industry conferences, where he is well positioned to comment on the evolution of the Alternative Data ecosystem and data strategy in general. Coresight Research is a research and advisory firm specializing in the intersection between retail and technology. Established in 2018 by leading global retail analyst Deborah Weinswig, the firm is headquartered in New York, with offices in London, Lagos, Hong Kong, Shanghai and Mangalore (India). The firm leverages its thought leadership and global community to assist retailers, brands, retail technology companies, investors, and retail real estate companies set a winning course through the disruption shaping global retail by providing data-driven research to help clients see around the corners and to stay a step ahead; innovator services including research, events, podcasts, networking, and other services to drive a steepening of the adoption curve; and strategic advisory services to identify and execute strategies to seize innovation opportunities. For more information, visit www.coresight.com. Contact Details Meir Kahtan Public Relations Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website http://www.coresight.com/

September 09, 2022 10:00 AM Eastern Daylight Time

VINCUE TO DEBUT IMMERSIVE VIRTUAL REALITY EXPERIENCE

DealerCue Automotive Corp.

DealerCue Automotive Corp., the maker of VINCUE, the unified inventory lifecycle solutions for dealers, today announced it will introduce an immersive virtual reality experience at ASOTU CON. The conference, which runs from September 11-13 in Philadelphia, brings some of the sharpest minds in the auto industry together to collaborate on everything from operations, marketing, technology, leadership, culture, and sales. “VINCUE is a firm believer in the power of innovation, and this is just another way we’re taking our solution to the next level,” Danny Zaslavsky, Managing Partner, VINCUE and Dealer Principal, Country Hill Motors said. “What we’ve worked to create is a viewer's ability to experience the impact VINCUE has for our dealers across the country. You start by visiting VINCUE team headquarters in Kansas City, and then are taken to my dealership to see our solutions in action - then actually get to go into the software.” By harnessing the power of virtual reality, VINCUE is able to show you the platform hard at work in an environment where it has been implemented and is actively increasing turn and driving profit. Viewers will see exactly how the end-to-end solution provides dealers with the comprehensive data they need to make intelligent, data-driven business decisions. “VINCUE was created by dealers for dealers, and remains obsessed with finding ways to help dealers maximize profits and their team’s potential,” Zaslavsky continued. “We’re unlike any other solution on the market today in that we’re able to regularly test new capabilities at my dealership before we roll them out to the rest of our customer base. This enables us to ensure that what we’ve created is top-notch and worth the investment before we even extend the capability.” Dealerships who have put their trust in VINCUE to modernize their operations see real-world results, including: $1,800 average lift per vehicle acquired from private parties 1.4x faster turn on inventory 30% increase in user website traffic $540K annual savings in advertising costs $84K annual reduction in software costs $2M additional gross per year per 100 cars acquired from private parties After ASOTU CON, VINCUE plans to share its virtual reality experience at a number of other scheduled conferences, before eventually making it widely available to the public. Anyone interested in the virtual reality demo before then should contact VINCUE through its website. About VINCUE VINCUE is working to transform the retail automotive software industry by providing dealers with new, innovative end-to-end inventory lifecycle management and market pricing solutions giving dealers access to real-time data and tools in a single system to stock smarter, increase turn, compete effectively, and above all else - maximize profits. Contact Details VINCUE Angela Rizzo +1 913-200-3301 angelarizzo@dealercue.com

September 09, 2022 08:00 AM Central Daylight Time

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Huobi Group secures license to operate institutional-grade virtual assets trading platform in the British Virgin Islands

Huobi Group

Huobi Group (“Huobi”), one of the world’s leading digital asset service providers, has secured approval from the Financial Services Commission (“FSC”) of the British Virgin Islands (“BVI”), to operate a licensed virtual assets exchange under its subsidiary Brtuomi Worldwide Limited (“BWL”). After all conditions are satisfied, BWL will become the first Digital Asset Trading Platform Operator in the BVI licensed to operate an institutional-grade virtual assets trading platform for both professional and retail investors; this will include licensed financial institutions from all over the world. The trading services to be offered under BWL will include spot (cryptocurrencies such as Bitcoin and Ethereum), derivatives (such as Perpetual and Calendar futures), as well as other innovative products. Huobi Group CFO Lily Zhang said, “This landmark approval makes Huobi the first licensed digital asset exchange for institutional-grade derivative products in the British Virgin Islands. It is a testament to our experience, professional knowledge, and track record in the global cryptocurrency industry.” “We see a huge market opportunity in cryptocurrency derivatives, with perpetual futures accounting for about half of global cryptocurrency trading volumes in 2021. With the growing importance of compliance in the industry, we will strive to meet all regulatory requirements as we expand. Going forward, we will work closely with the British Virgin Islands regulators to develop a suite of licensed trading products and services, and foster the cryptocurrency industry’s growth in the territory,” CFO Zhang concluded. Since the Financial Action Task Force issued the 2019 Public Statement on Virtual Assets and Related Providers, global policymakers have accelerated cryptocurrency-related legislation and regulations. This latest approval by the BVI regulators represents the progress that the British Virgin Islands has made on this front, and indicates their all-around support for virtual assets service providers as a whole. Huobi Group is committed to integrity, innovation, and cooperation in the crypto industry and has established regulated entities in countries and regions such as Japan and Gibraltar. Huobi Group wishes to cater to institutions and professional investors that are looking for regulated partners and access to virtual assets on a global scale. About Huobi Group Founded in 2013, Huobi Group is one of the world's leading digital asset service providers, with tens of millions of users across five continents and 160 countries and regions. We are dedicated to empowering financial freedom and creating new global wealth, having led the cryptocurrency industry in spot, derivatives, and Bitcoin transactions for many years. Our infrastructure, operations and offerings are built on processes and standards that prioritize user safety and industry compliance, backed by strong global customer support underpinned by local expertise. It offers a unique trading environment that is truly customer-first, safe and sustainable for all users, enabling their long-term success. For more information, visit www.huobi.com About Brtuomi Worldwide Limited and the BVI Regulatory Sandbox On April 16th, 2021, BWL was approved by the BVI FSC to participate in the BVI Regulatory Sandbox and recorded on the BVI FSC's Register of Sandbox Participants. In September 2022, Brtuomi Worldwide Limited was approved by the Financial Services Commission to operate as a Digital Asset Trading Platform Operator in the British Virgin Islands and received an Investment Business License. Contact Details Huobi PR team +1 401-244-8310 intlpr@huobi.com Company Website https://www.huobigroup.com/

September 09, 2022 05:12 AM Eastern Daylight Time

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