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News Release

Cemtrex outlines growth potential for key Vicon and Advanced Industrial Services businesses

Centrex Ltd

Cemtrex chairman and CEO Saagar Govil tells Proactive's Stephen Gunnion about the emerging growth company that has grown over the past two decades by building companies from technology to manufacturing. Its current portfolio includes AI-based security technology company Vicon and Advanced Industrial Services, which provides turnkey solutions to the US's leading manufacturing and industrial businesses. Govil sees big opportunities for both through new contracts and potential M&A. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

May 04, 2023 12:48 PM Eastern Daylight Time

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WiBotic Introduces PowerPad Pro, Significantly Enhancing UAV Capabilities for Energy and Utility, Construction, Defense and Agriculture Applications

WiBotic

Today WiBotic – a Seattle company that specializes in advanced charging and power optimization solutions for the rapidly expanding ecosystem of aerial, mobile, space and industrial robots – introduced PowerPad Pro, a stand-alone platform which can also seamlessly integrate into any existing hangar or other UAV storage facility. PowerPad Pro automatically charges drones without physical connection points, while wirelessly transferring flight data, images and video. “PowerPad Pro enhances drone functionality for our partners working in environments where autonomous or semi-autonomous operations are a priority,” said Ben Waters, co-founder and CEO, WiBotic. “We designed it as a flexible solution for those who either already own and operate drones – and have their own infrastructure in place – or those who are looking for a more cost-effective option for fully autonomous operations. PowerPad Pro can be used as a stand-alone landing platform, or it can be integrated into any number of enclosures and form-factors such as trailers, sheds, or even truck beds.” One of WiBotic’s first partners for PowerPad Pro is Valmont Industries Inc., a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology. “Valmont has been working closely with WiBotic and other partners to enhance our drone inspection capabilities,” said Angi Chamberlain, VP of UAS Technology Solutions at Valmont. “For the first time, PowerPad Pro provides a charging platform that works with any of the different UAVs we use. Remote flight plan uploads and automated sensor data downloads also allow us to perform inspections on a moment’s notice at any location where the platform is deployed.” Wireless Data Transfer: During battery charging, PowerPad Pro’s wireless data transfer enables UAVs to quickly and easily download flight and sensor data to an industrial computer inside the pad. The data can then be processed locally and/or automatically transmitted to a central location using LTE or long-range data backhaul radios. Using the same wireless data link, remote operators can upload flight plans or monitor flights in real-time, ensuring safe and controlled flights. Without this capability, high-resolution images, video and other data can quickly fill the UAV’s onboard storage. By removing this restriction, PowerPad Pro provides more flexibility and versatility in the missions that UAVs can perform. Autonomous Charging: In addition to wireless data transfer, PowerPad Pro also automatically begins wireless battery charging upon landing. This eliminates the need for cables and connectors and allows different sizes and types of UAVs to share a common landing pad platform (or series of platforms) deployed across large areas. Unlike contact-based charging stations, WiBotic’s patented technology provides power through the air. The pad is fully sealed to the elements, protecting both electronics and mechanical components from dust, debris, rain, insects and other environmental factors that may eventually impact reliability. Programmable voltage and current also helps extend battery lifespan, reducing the need for costly battery replacements and maintenance. Industry Benefits: By offering these dual benefits – wireless data transfer coupled with autonomous charging – PowerPad Pro dramatically enhances drone operations across a number of industries: Energy & Utilities: Utility operators need data from infrastructure inspection every day – not once or twice a year. Permanently deployed UAVs with the ability to fly multiple repetitive missions, using one PowerPad Pro or a series of them over long distances, are critical for reducing inspection costs while increasing inspection frequency. Construction: Remotely monitoring construction sites provides innumerable benefits in terms of safety, build quality and owner/builder/subcontractor relations. However, most construction data is extremely high bandwidth and getting it to engineers and project managers at remote locations is extremely difficult without a solution like PowerPad Pro. Defense: Drones are frequently equipped with high-resolution cameras, infrared sensors and other advanced imaging equipment that gather terabytes of data. In a combat zone, however, it’s extremely dangerous to leave a protected vehicle to swap batteries or retrieve the SD cards that contain that data. A fully autonomous platform like PowerPad Pro ensures the warfighter remains protected while he or she gathers intelligence on enemy movements. Agriculture: UAVs have made monitoring thousands of acres of farmland easier than ever before – but that’s not to say it’s easy. Drones still have limited flight time and limited onboard data storage. A network of strategically placed PowerPad Pros solves this problem by providing charging stations across the entire farm and automatic backhaul of data to the farm HQ where it can be put to immediate use. While these onboard chargers can be integrated into nearly any UAV, Wibotic is pleased to announce BlueHalo as the first partner for PowerPad Pro. The BlueHalo Intense Eye V2 (IE-V2) and E900 models can now be purchased with WiBotic’s PowerPad Pro to support both charging and data offload. “BlueHalo provides UAVs to both the commercial and defense sectors, with extensive experience in applications ranging from inspection and monitoring to intelligence, surveillance and reconnaissance (ISR) missions,” said Mary Clum, Sector President and Corporate Executive Vice President of BlueHalo. “There is a growing demand for permanently deployed and remotely controlled UAVs. PowerPad Pro has given us a single, reliable tool to integrate autonomous charging and data offload capabilities into our UAV platforms, allowing us to offer new solutions and better support critical customer missions.” To see a video of PowerPad Pro in action please visit: https://vimeo.com/821425665 PowerPad Pro will also be on display at the upcoming AUVSI Xponential show in Denver, CO May 8-11, 2023. About WiBotic: WiBotic provides wireless charging and power optimization solutions for the rapidly growing ecosystem of aerial, mobile and marine robots. Its solutions help companies optimize the uptime of robot fleets and are an integral component of fully autonomous robotic operations. WiBotic works with companies in a variety of industries. For more information, please go to: www.wibotic.com Contact Details Forrest Carman +1 206-859-3118 forrestc@owenmedia.com Company Website https://www.wibotic.com/

May 04, 2023 09:00 AM Pacific Daylight Time

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ReFi startup Evadore offers an end-to-end environment-friendly blockchain ecosystem

Evadore

Evadore, a non-profit regenerative finance (ReFi) ecosystem, takes action to reduce global carbon emissions. The Evadore ecosystem, developed by EvaLabs, will work to utilize renewable energy sources and promote the global use of renewable energy with its products named Eva Chain, EvaStore, EvaPay, GreenWallet, EvaForest and CarbonEva. Blockchain-related carbon emissions and the environmental impact of cryptocurrencies are increasingly coming to the fore as the world is on the verge of a green transformation. “Data from the University of Cambridge estimates that Bitcoin will emit around 62 megatons of carbon dioxide equivalent each year at the current velocity of mining," says EvaLabs Community Chief Timothy Walker and adds: “This is equivalent to Serbia's total carbon emissions in 2019.” Aims to use its income for a greener future Founded as a completely non-profit organization, EvaLabs uses the income it generates from its projects, excluding blockchain costs, to carry the world forward toward a greener future. EvaStore, the network project product that assumes the task of ending the climate crisis with the power of cryptocurrency and blockchain technologies, aims to transfer the carbon credits purchased to projects that purpose to reduce carbon emissions. EvaForest intends to grow forests around the world to reduce carbon emissions, while GreenWallet has the purpose to provide cryptocurrency investors with a sustainable and multi-currency cryptocurrency wallet. EvaLabs's EvaPay solution purposes to create a first-class environment-friendly cryptocurrency payment technology, while the CarbonEva app allows users to calculate their daily carbon emissions and receive tips to reduce this impact. All transactions in the Evadore ecosystem are carried out on the Eva Chain blockchain. Countries' economic systems centralized under ReFi ReFi, one of the concepts that emerged with the development of financial technologies, is known as a financial system that aims to improve the world. Positioned as a ReFi initiative, Evadore plans to take a leading role in the transition of finance to a sustainable and inclusive form. Remarking that they aim to help countries centralize their economic systems under ReFi, Timothy Walker says: "With a focus on sustainability, social justice, and environmental responsibility, ReFi’s enabler is blockchain, which is a decentralized, secure, and transparent system with the potential to transform various industries. And EvaLabs will be the pioneer of this transformation." Evadore uses almost all of the income it generates from the transactions in its ecosystem to finance the processes encouraging the utilization of renewable energy sources for the power needs of companies and governments around the world. Visit the whitepaper link to learn more about Evadore. Contact Details Evadore Timothy Walker info@evadore.io Company Website https://evadore.io

May 04, 2023 11:24 AM Eastern Daylight Time

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Learning Technologies Group "achieved everything predicted" with GP Strategies acquisition

Learning Technologies Group PLC

Learning Technologies Group PLC (AIM:LTG, OTC:LTTHF) chief executive Jonathan Satchell talks to Thomas Warner from Proactive after releasing full year results for 2022 - a year dominated by the integration of talent transformation provider GP Strategies. Satchell says that in 2022 LTG "achieved everything predicted" when the acquisition was announced back in October 2021, noting that GP Strategies achieved a 6% organic constant currency revenue growth despite the challenge of the integration process. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 04, 2023 10:30 AM Eastern Daylight Time

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CleverTap appoints Benjamin Roodman as Vice President, Partnerships, North America

CleverTap

CleverTap, the all-in-one engagement platform, named Benjamin Roodman as Vice President, Partnerships for North America. In his new role, Benjamin will lead CleverTap’s channel and technical partner strategy – developing and managing relationships to drive CleverTap’s growth within the region. With over two decades of experience across the board, Benjamin has spent the past 13 years strengthening relations with business and channel partners. His appointment will help CleverTap build a more fruitful partner ecosystem within North America and further cement their position as market leaders in the region. Benjamin joins CleverTap from AppsFlyer where he was the AVP of Business Development. In his previous roles he has led partnerships across mobile SaaS, digital advertising, and cloud platforms. He is well versed in mobile growth platforms with a notable aptitude for analytics. “We are thrilled to have Benjamin on board. With the wealth of knowledge and experience he brings to the team, he will help drive growth in North America – a key-market for us.” said Momchil Kyurkchiev, Chief Strategy Officer at CleverTap. “Our channel and technical partners are an integral part of our growth strategy. To establish a robust partner ecosystem, it is crucial to collaborate with them and incorporate tools that offer innovative solutions to unanticipated issues. I am confident that with Benjamin’s appointment we will continue to build a world-class partner ecosystem and drive value for our customers.” “I am ecstatic to embark on this new journey and make a measured impact with CleverTap. A strong foundation in North America, and a burgeoning partner ecosystem, are a testament of CleverTap’s commitment within the region. At CleverTap, we understand the importance of building a robust partner network to further penetrate markets and provide exceptional service to our customers.” said Benjamin. “I look forward to working closely with our partners to develop innovative solutions that meet the evolving needs of our customers and accelerate their success. Together we will continue to drive innovation, foster collaboration, and build a stronger base for our expansion.” About CleverTap CleverTap is the all-in-one customer engagement platform that helps brands personalize and optimize all consumer touch points to improve user engagement, retention, and lifetime value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product. The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering both speed and economies of scale. CleverTap is trusted by 2000 customers, including Electronic Arts, TiltingPoint, Gamebasics, Big Fish, MobilityWare, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John’s, and Tesco. Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, São Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter. Forward-Looking Statements Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release. Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction. Contact Details Sony Shetty sony@clevertap.com Company Website https://clevertap.com/

May 04, 2023 07:00 AM Pacific Daylight Time

4GLOBAL focused on transition after "very good" 2022

4GLOBAL PLC

4GLOBAL PLC (AIM:4GBL) CEO Eloy Mazon speaks to Proactive following the release of a trading update for the year to 31 March 2023 - a year he describes as "very good" for the company. He gives his highlights from the last year and explains that the focus now is on "moving the business more into data services and technology" and on expanding internationally. Contact Details Proactive UK Ltd Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 04, 2023 09:51 AM Eastern Daylight Time

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Bloomfilter Raises $7 Million in Seed Round Led by Magarac Venture Partners

Bloomfilter

Bloomfilter, a process intelligence platform for software development, announced the closing of a $7 Million seed round of capital. The funding included $5.5 Million of equity financing led by Magarac Venture Partners (“MVP”) with participation from Sequoia, HPA, North Coast Ventures, Techstars, and others, alongside $1.5 Million of venture debt from Pacific Western Bank. Bloomfilter also announced the general availability of its industry-first process intelligence platform to help software teams improve the transparency, predictability, and efficiency of developing new software products. “We are thrilled to lead this investment in Bloomfilter. This is an exceptional team that’s tackling a massive and pervasive problem in software development,” said Mike Stubler, Partner at MVP. “MVP is investing in fast-growing companies building AI solutions for business process automation. Bloomfilter fits that thesis perfectly by applying process mining to software development.” Businesses rely on software development to solve problems and deliver a better user experience. However, software development projects are notorious for missing deadlines and budget estimates. Research shows that 65% of software projects are either challenged or fail, while 70% of software projects are delivered late, over budget, or are not delivered to the original specifications. Bloomfilter’s patent-pending process mining and predictive algorithms help software development teams identify bottlenecks in the development process, objectively predict project outcomes, and deliver software on time and within budget. “We believe that software development is a business process that can be measured and improved like any other. By enabling that improvement, Bloomfilter is ushering in a new era of transparency, predictability, and efficiency in the software industry. We are excited to partner with MVP and others to make this vision a reality,” said Andrew Wolfe, co-founder and co-CEO of Bloomfilter. “The process mining ecosystem is growing at 78% annually because the technology helps customers understand and improve complicated business processes,” added Erik Severinghaus, co-founder and co-CEO of Bloomfilter. “We are pleased to bring to market the first process mining solution purpose built to support the business process of software product development.” In addition to the capital raise, the company has announced that the platform is generally available following a successful Beta program. “The Bloomfilter platform has fundamentally changed the nature of our conversations with the product development organization,” said Myron Schram, VP of Product at Intrusion and one of Bloomfilter’s beta customers. “For the first time, we have alignment and understanding from our Board presentation all the way to the daily standups for our developers.” As part of the round, Michael Keithley, CIO at UTA, another beta customer, will join the Board of Directors. “Having seen the power of the platform to transform the software development lifecycle firsthand, I was honored to be asked to join the Board and help the company grow,” Keithley said. “For 30 years, I have been asked the questions, ‘What are we building, when will we get it, and how much does it cost?’ Bloomfilter is the first platform that lets me answer those questions easily and accurately.” “Process Mining has the potential to be a game-changer for product development,” remarked Andy Thurai, principal analyst at Constellation Research. “We are excited to watch what Bloomfilter is building.” The Bloomfilter platform will also partner with consulting companies to help customers assess and improve their development process. “We are thrilled to partner with Bloomfilter to include the platform in our leading advisory practice for improving software development efficiency and outcomes,” said Choon Aun Quek, executive vice president at Softserve, a leading digital and IT advisory. The financing will allow the company to accelerate product development, customer success, and go-to-market activities. To learn more, visit the Bloomfilter blog. About Bloomfilter Bloomfilter is a process intelligence platform for software development, designed to measure and improve the software development lifecycle. The platform helps organizations develop a shared understanding of what the product team is building, when it will be delivered, and how much it costs. Visit http://www.thebloomfilter.com to learn more. About Magarac Venture Partners Magarac Venture Partners (MVP) is a Pittsburgh-based venture capital firm focusing on investing in early-stage companies in the emerging areas of AI, Enterprise Software, Robotics, and HealthTech. The team comprises the most experienced early-stage investors in the Midwest with over 60 years of operational and investment experience. Visit https://www.magarac.vc/ to learn more. Contact Details Bloomfilter Michelle Barry +1 603-809-2748 michelle.barry@chameleon.co

May 04, 2023 08:30 AM Eastern Daylight Time

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e-Therapeutics working to capitalise on AI "blindside"

e-Therapeutics PLC

e-Therapeutics PLC (AIM:ETX OTCQX:ETXPF) CEO Ali Mortazavi speaks to Thomas Warner following the release of the computational biology and chemistry company's full year results for 2022. Mortazavi says that it was a "tricky year for the biotechnology sector as a whole" but that eTherapeutics has shown "remarkable resilience." He goes on to highlight the opportunity being presented to the company by the advent of large language models (LLMs) and GPT-4, saying that he's never before seen a technology "blindside the world" to such an extent. Contact Details Proactive UK Ltd Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 04, 2023 08:20 AM Eastern Daylight Time

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A2Z Cust2Mate announces efforts to reduce food waste and increase sustainability in the retail grocery supply chain

A2Z Smart Technologies Corp.

A2Z Smart Technologies Corp. ("A2Z") ("Company"), (NASDAQ: AZ) (TSXV: AZ), is proud to announce its commitment to sustainability and reducing food waste through its innovative Cust2Mate platform. According to 2023 statistics, approximately 30 percent of food in American grocery stores is thrown away, with retail stores generating about 16 billion pounds of food waste every year. Wasted food from the retail sector is valued at about twice the amount of profit from food sales. A2Z Cust2Mate is taking action to address this issue and promote sustainability in the retail grocery supply chain. Through its platform, Cust2Mate enables retailers to optimize their supply chain and reduce food waste by promoting expiring foods to shoppers in real-time. This allows retailers to minimize food waste while also increasing profitability. "Our commitment to sustainability is an important part of our mission at A2Z," said Guy Mordoch, CEO of A2Z’s subsidiary, Cust2Mate. "We believe that our platform has the power to make a real difference in reducing food waste and promoting a more sustainable retail grocery supply chain." The Cust2Mate platform is designed to streamline the retail shopping experience by scanning purchased products and enabling in-cart payment, allowing customers to "pick & go" and bypass long cashier checkout lines. This results in a more efficient shopping experience for customers, less unused shelf space and manpower requirements, and advanced command and control capabilities for store managers. A2Z Cust2Mate is proud to be at the forefront of efforts to reduce food waste and promote sustainability in the retail grocery industry. Investors interested in A2Z Smart Technologies Corp. and their innovative solutions can visit www.a2zas.com for more information. For more information on Cust2Mate solution and its benefits, please visit www.cust2mate.com. About A2Z A2Z Smart Technologies Corp. creates innovative solutions for complex challenges. A2Z's flagship product is an advanced proven-in-use mobile self-checkout shopping chart. With its user-friendly smart algorithm, touch screen, and computer-vision system, Cust2Mate streamlines the retail shopping experience by promoting expiring foods, scanning purchased products, and enabling in-cart payment so that customers can simply "pick & go", and bypass long cashier checkout lines. This results in a more efficient shopping experience for customers, less unused shelf space and manpower requirements, and advanced command and control capabilities for store managers. Contact Information: Hanover International Inc. Jh@hanoverintlinc.com (1) 760 564 7400 Cautionary Statement Regarding Forward-Looking Statements The TSX Venture Exchange Inc. has in no way passed upon the merits of the Company and has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds, the results of financing efforts and the risks relating to our business -- that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (see www.sedar.com ) and with the Securities and Exchange Commission (see www.sec.gov ). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States or elsewhere. SOURCE: A2Z Smart Technologies Corp. Contact Details Hanover International Inc. +1 760-564-7400 Jh@hanoverintlinc.com Company Website https://www.cust2mate.com/

May 04, 2023 07:30 AM Eastern Daylight Time

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