News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

qBeam Launches Innovative Free Space Optical Communications Modem

qBeam

qBeam, Inc. (qBeam), a leader in the development of groundbreaking optical products and simulation and modeling software, today announced the general availability of its new free space optical communications (FSOC) modem. The qBeam FSOC modem includes features and functionality that maximize the benefits of FSOC technology while overcoming the challenges that have hampered its adoption. FSOC offers a lower cost alternative to fiber optic and other communications options for terrestrial and space-ground networks. The technology has failed to gain traction because legacy FSOC modems do not adequately account for atmospheric conditions that can impact communications. These solutions suffer from a limited operational range and/or data throttling that unacceptably slows speeds yet still does not fully account for deep optical fades. The qBeam FSOC modem works differently. It includes forward error correction tailored to the optical channel and a fade tolerant mode that provides end-to-end protection for transmitted data and avoids the need to adjust data rates to overcome atmospheric challenges. As a result, the qBeam FSOC modem supports longer ranges and higher data rates, delivering unsurpassed stability, reliability, and performance versus traditional FSOC solutions. The plug-and-play qBeam modem integrates seamlessly with existing optical terminals to rapidly deliver these and other advantages to infrastructures already in place. It works with traditional gigabit Ethernet (GigE) networks, supporting both GigE and 2.5 GigE client connections via a standard RJ-45 or SFP+ interface. qBeam is actively seeking relationships with optical terminal manufacturers to make it even easier for customers to quickly deploy a more holistic FSOC solution. “For too long, FSOC technology suffered from untapped potential, leaving government and commercial entities with a variety of underwhelming, unsatisfactory choices to best support their terrestrial and ground-space communications requirements,” said Eugene Estinto, qBeam’s President and CEO. “Our innovative FSOC modem unlocks that potential with a compelling, easy-to-use product that immediately proves its value and changes the landscape for our customers.” Even prior to its official release, U.S. government and commercial customers have purchased the qBeam FSOC modem to address their communications needs. Others can do so today. About qBeam, Inc. Formed in 2014 and headquartered in Leesburg, VA, qBeam Inc. develops optical/laser products and simulation and modeling software for communication links. The company designs and manufactures innovative free space optical (FSO) modems, multi-spectral infrared cameras, laser etching/ablation systems, and optical range simulators. It also authored the Embed/Comm physical layer communication simulation software addon. For more information about our technology company and products, please visit www.qbeaminc.com. Contact Details qBeam, Inc. Eugene Estinto +1 703-574-5321 eugene.estinto@qbeaminc.com Company Website https://www.qbeaminc.com

February 22, 2023 08:00 AM Eastern Standard Time

Image
Article thumbnail News Release

Bango strikes deal with Dropbox after starting 2023 at "a heck of a pace"

Bango PLC

Bango PLC (AIM:BGO, OTCQX:BGOPF) chief executive Paul Larbey speaks to Proactive's Thomas Warner after announcing a partnership with cloud storage provider Dropbox. Larbey reveals the benefits of the deal and gives an overview of how Bango's year has started, saying that its started "at a heck of a pace." Bango will be publishing its full year results on 28 March 2023. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

February 22, 2023 07:08 AM Eastern Standard Time

Video
Article thumbnail News Release

OPPO Launches Find N2 Flip Globally Marking A New Benchmark for Flip Phones

OPPO

OPPO Find N2 Flip announced for global markets Find N2 Flip combines a revolutionary vertical cover screen – the largest of its kind, with a long-lasting, fast-charging battery and a host of flagship experiences LONDON, UK - Media OutReach - 22 February 2023 - OPPO, the world's leading smart device brand, today announced the global availability of its Find N2 Flip. Combining the largest cover screen of its kind with day-long battery life and SUPERVOOC flash charging, Find N2 Flip takes foldables from the fringes to the forefront in a compact, sleek, awesome way. The new OPPO Find N2 Flip puts an industry-leading cover screen into palms and pockets, challenging what we've come to expect from small form-factor foldables. Despite its light weight and pocketable size, Find N2 Flip's vertical cover screen turns OPPO's debut flip phone into an incredible photography tool. The tall cover screen also features powerful widgets that help users stay on top of their notifications, and it's big enough to showcase meaningful information, so there's no need to open your flip phone constantly. Empowered by world-class hardware, a flagship camera system with a Sony IMX890 sensor, MediaTek Dimensity 9000+ power, ultra-fast dual-SIM 5G connectivity, and best-in-class charging speeds, Find N2 Flip marks the start of a new chapter for OPPO and flip phones on the whole. “Every aspect of Find N2 Flip reflects OPPO’s mission to enrich real-world experiences. We combined industry-leading engineering and innovation with intuitive design principles. So Find N2 Flip’s design is burdenless – each component moving in harmony, as it marries a powerful cover screen with a compromise-free package, elevated by subtle, rich flourishes.” Pete Lau, SVP and Chief Product Officer, OPPO Redefining the Cover Screen Measuring 3.26 inches, Find N2 Flip's cover screen is the largest of any flip phone currently available. Its extra size makes everything easier to do, so the big screen is a bona fide fumble-free zone, whether taking selfies or checking notifications. Its vertical orientation is also game-changing, allowing the cover screen to display as many as six notifications in one view – that’s industry-leading for a flip phone. Quickly reply to messages in mainstream messenger apps, toggle settings, record a voice note, answer a call and more – all without picking up or opening your phone. And with less need to engage fully, you can regain control over your digital balance while staying connected. Balancing its useful features with fun, playful moments, Find N2 Flip's cover screen is also home to one of five interactive pets. Choose between a bird, cat, dog, hamster or rabbit, and you'll have company whenever you fire it up. From playful to laugh-out-loud, set a GIF as your cover screen wallpaper for memes on loop, and if you're a Bitmoji fan, your sticker pack can be your AOD (always-on display). In addition to Bitmoji and OMOJI stickers, the AOD also displays helpful insights: the time, date, power status, and notifications. Rather than create a loud, attention-grabbing aesthetic for Find N2 Flip’s design, OPPO dialled down the visual volume, so the phone’s style acts as a backdrop upon which the cover screen shines. With polished aluminium sides, a fingerprint-resistant glass cover and a unique micro-etched wave pattern across the hinge, while Find N2 Flip has a simplified design, it feels rich in the hand and is available in two colours: Astral Black and Moonlit Purple. Weighing just 191g and measuring 7.45mm when open, Find N2 Flip is thin and light, and with its micro-arc, precision curved glass back cover, it feels like it truly belongs in your hand, whether open or closed. And as you use the phone, its immense 6.8-inch E6 AMOLED display is picture perfect, with its cinematic 21:9 aspect ratio and smooth 120Hz adaptive refresh rate. Viewability is also excellent across environments thanks to an advanced Anti-Reflection film and up to 1600 nits of brightness. The Best Flip Phone Camera Find N2 Flip’s flagship 50MP main camera features a large Sony IMX890 sensor with an f/1.8 lens – a strong foundation for incredible imaging. See more and capture with confidence, as the largest cover screen of any flip phone gives you the clearest selfie preview available. And if you’re taking a photo or video of someone else, fire up Dual Preview so they can see how they look. Find N2 Flip’s 17:9 aspect ratio cover screen is the same vertical orientation as your phone’s camera sensor, keeping cropping to a minimum for maximum detail. Unlock even more creativity with FlexForm Mode, made possible by the New Generation Flexion Hinge, as Find N2 Flip holds its position mid-fold between 45º and 110º for waist-level dynamic angles, and evocative 4K time-lapse video. FlexForm Mode also turns your flip phone into a tripod-steady, hands-free camera. Just part-fold it, place it on a surface and then trigger the shutter release with an open palm gesture – perfect for group shots. It also harnesses the power of the 32MP selfie camera. With its Sony IMX709 sensor, autofocus, and wide-angle lens, rest the phone down for a high-quality hands-free video call, with FlexForm mode optimized for apps like WhatsApp and Zoom. Co-developed with the legendary camera manufacturer Hasselblad, Find N2 Flip captures pro-grade colours, a fully featured Professional Mode, and its unique XPAN mode freezes time in a wide, cinematic frame. Much more than just a photography champion, Find N2 Flip’s in-house imaging NPU, MariSilicon X, boosts night video to capture ultra-clear 4K footage in low light, and you can also hold the phone part-folded and sideways, just like a camcorder for a steadier grip. Tested to over 400,000 folds Much of what makes Find N2 Flip incredible is made possible by its New Generation Flexion Hinge, which works in harmony with the main display to create a robust, folding screen with an incredibly subtle crease. The hinge’s miniaturized design is made up of fewer components than the original Flexion Hinge, and in its intricate simplicity, OPPO has achieved a new standard of mechanical stability. The New Generation Flexion Hinge is also more compact than ever, creating more space for a larger cover screen and a higher-capacity, faster-charging battery. Just as with Find N and Find N2, there is no hinge gap when you close the Find N2 Flip, so it keeps dust out, and OPPO appointed TÜV Rhineland to test its durability independently. The phone is certified to withstand over 400,000 folds and unfolds at standard room temperature. That's equivalent to opening and closing the phone around 100 times a day for more than ten years, and it's also tested up to 100,000 times at 50ºC and 95 per cent humidity, and at -20ºC. OPPO also iterated its New Generation Flexion Hinge to guide the screen into the gentlest folding angle possible, creating a waterdrop shaped fold that results in a significantly shallower, narrower crease than other flip phones when unfolded. In addition to being incredibly subtle to the eye, it also feels virtually imperceptible to the touch for an uncompromised, flat-screen experience. The Longest Lasting and Fastest Charging Flip Phone Find N2 Flip crams a massive 4,300mAh battery into its compact body. This is the biggest battery in any flip phone by a huge margin. A long-lasting battery is the result of continuous efforts to redesign everything from the hinge to the SIM tray, eking out as much space as possible to add just a few more milliamp hours of power with every iota of space saved. OPPO also worked closely with MediaTek to create an optimized version of its flagship Dimensity 9000+ chipset for Find N2 Flip. These efforts result in one more hour of video calling, two more hours of social media and five hours of music streaming. In fact, according to our tests, Find N2 Flip is the first flip phone to confidently offer a full day of use on a single charge – critical in popularizing the category on the whole. OPPO also includes the fastest charging of any flip phone on Find N2 Flip – 44W SUPERVOOC, taking the battery from nearly empty to 50 per cent in just 23 minutes, and up to 100 per cent in less than one hour. In summary, Find N2 Flip breaks through barriers with the largest cover screen on any flip phone. With it, world-class selfies and flagship photography experiences are made possible. Robust enough for over a decade of folding, and with all-day power and fast charging, durability and battery anxiety will be little more than a memory as Find N2 Flip marks the start of a new chapter for foldables and smartphones at large. Price and availability OPPO Find N2 Flip will be available to pre-order from 15 February and will cost £849 in UK. About OPPO OPPO is a leading global smart device brand. Since the launch of its first mobile phone - “Smiley Face” - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find X and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world. OPPO Find N2 Flip price will vary based on region. Please contact your OPPO PR representative for local pricing. Contact Details OPPO press team press@oppo.com

February 22, 2023 05:15 AM Eastern Standard Time

Image
Article thumbnail News Release

DevZero Wins 2023 DEVIES Award with DevZero Serverless Platform

DevZero

We’re excited to announce that DevZero Serverless has won a 2023 DEVIES Award in the Microservices & Serverless category. The 11th annual DEVIES Awards are the definitive annual awards for the software industry recognizing outstanding design, engineering, and innovation in developer technology across 31 categories. Serverless application development is easy to get started with. But as the team grows, so does the cost and complexity of serverless application development. DevZero Serverless ( https://www.devzero.io/product/serverless ) solves this issue by enabling the creation of namespaced full stacks utilizing the existing production configuration for each engineer, overcoming the complexities of developing in shared tenancy environments, as well as the need for individual, per developer, accounts within AWS. “Developer tools and technology product solutions are leading the way for software developers & engineers to build upon the foundation of the ever-expanding technology sector. DevZero’s win is evidence of their leading role in the growth and innovation in the software industry,” said Jonathan Pasky, Executive Producer of DevNetwork, producer of DeveloperWeek and the 2023 DEVIES Awards. Award winners were selected from a record-high 310 nominations by an expert-led panel of the DevNetwork Advisory Board, based on the following criteria: attracting notable attention and awareness in the software industry; general regard and use by the developer, engineering & IT community; and being a technical leader in its sector for innovation. DevZero ( https://www.devzero.io/ ) was awarded its DEVIES Award at DeveloperWeek 2023 (Feb 15-17, Oakland, CA & Feb 21-22, Virtual), the world’s largest developer and engineering conference & expo with 8,000+ participants from 150+ countries across the globe. What's next for DevZero Serverless Debugging serverless functions is a challenging task because developers do not have direct access to the underlying infrastructure the serverless software executes within. With DevZero Serverless, developers will have the ability to debug your serverless functions in the same way as any other application. This feature offers benefits such as access to detailed logs, stack traces, and the ability to set breakpoints and step through code, while visualizing execution results in real-time without having to package and redeploy your function. These functionalities allow developers to quickly identify and troubleshoot any issues in the code, resulting in significant time and effort savings. Debugging serverless functions in real-time is an invaluable tool in the development process and is an essential skill for developers, since each developer now has their own copy of the production stack. About DevZero: DevZero’s mission is to make engineers happier and more productive than they've ever been. They do this by letting engineers ship better products by writing code in environments that are exactly like production. DevZero was founded by former engineers at some of the most disruptive companies of the last decade. DevZero redefines various stages of the software development lifecycle, allowing engineers to focus on revenue-generating products while simplifying the workflows for DevOps and Platform Engineering teams. More information is available here: https://www.devzero.io/ Contact Details Forrest Carman +1 206-859-3118 forrestc@owenmedia.com Company Website https://www.devzero.io/

February 21, 2023 09:00 AM Pacific Standard Time

Image
Article thumbnail News Release

Minuteman Press Franchise in Tigard, Oregon Celebrates 35 Years and Transitions to Second-Generation Ownership

Minuteman Press International Inc

Bob and Ruth Davidson first opened their Minuteman Press franchise in Tigard, OR (a suburb of the Portland, OR greater metro area), in December of 1987. After 35+ years of hard work and dedication to their clients and their community, Bob and Ruth are ready for their next chapter and have made way for the next generation of owners. Bob and Ruth also just recently renewed their franchise agreement for the next 35 years. Their son Craig Davidson with his wife Carolyn and longtime manager Christopher Brown with his wife Lisa, have purchased the business as of February 1, 2023, and are continuing with Minuteman Press as a strong, viable and supportive franchise model, that has been one of the key components to the long-term success of this location. Minuteman Press in Tigard is located at 7555 S.W. Hermoso Way, Tigard, OR 97223. Bob reflects on 35 years of ownership, sharing his keys to success and longevity, growing the family business, and why the future is bright for Minuteman Press in Tigard. Congrats on your incredible 35 years in business! What does this milestone mean to you? Bob Davidson: “ Life is a series of changes and this is one of them. Frankly, it is time for the next generation to have their opportunity to build on, and create, their own success story. And, it is past time for Ruth and I to enjoy some of the rewards that we have been blessed with, by the success of our business.” What are 4 keys to your success and longevity? Bob Davidson: “FIRST: Ruth and I thank God for his blessing on us in this endeavor. My prayer at the time of starting the business was: ‘ God, I am not the smartest guy in the world, so please open the doors if it is in your will, or if not, hit me over the head with a brick to get my attention.’ SECOND: I would have to say without any qualification, my wife, Ruth. When we first started our business, we were 37 years-old and I left a nearly 20-year seniority position with a national trucking company as a Teamster employee truck driver. Which also meant that I gave up a union scale wage rate, with medical and retirement benefits. Ruth at that time, was a full-time homemaker to our two children. She has stood beside me as a full partner, and fully supported the decision to start our own business. But we honestly and freely admit, it was a decision and a concern to us both. She worked just as hard as I in the business every day. Her 51% ownership and my 49% ownership enable us to qualify as both a ‘Woman-owned’ and ‘Veteran-owned’ business due to my military service. So far, Ruth hasn’t fired me, although I am sure that the thought has come to her mind on occasion! Our primary roles in the business gradually formed over time, with Ruth managing the office and all that entails and also the bindery portion of our business. I was the salesman, customer service and vendor liaison for outside services and supplies. THIRD: Would be the advice, support and assistance of the Regional Minuteman Press staff and also the other local Minuteman Press owners in the area. Their advice, suggestions, guidance, experiences, help and information were of great value in our beginning years. FOURTH: This would of course be our customers. We obviously would not exist without them. While we have ‘busted our tails’ to serve them over the years, they have in turn been incredibly loyal. We still have customers today, that initially became customers in our first year of business. We are thankful for them. BONUS TIP: My advice on customer acquisition? Take anything that comes your way. But, know that your fellow, small, local businesses, will be your most loyal and long-term customers. They will be your most consistent support and strength through the years. It is ‘sexy’ to acquire a larger nationally known corporation as a client, but they typically do not last. A new purchasing agent will come in, some other shop beats your price by a percentage point or two, or they close the local office or HQ and move away. All of the above have been my experiences. Enjoy the large companies while they last, but don’t wrap your business around them.” You have just renewed your franchise agreement for the business transition. What does it mean to you, knowing the business will stay in the family and remain in great hands? Bob Davidson: “It means a great deal to us, to be able to see what my wife and I have built over the years, continue on into the next generation and chapter. We have been blessed, in having Craig and Christopher both with us for so long. That has allowed for a gradual and nearly seamless transition. For the past two years, Ruth and I have been gradually turning over more and more of the management and decision-making to ‘the boys’ as we call them. They have made all of the equipment purchases and hiring decisions for the past 2 years. They have also attended the past 2 Minuteman Press World Expo Conventions. Also, if Minuteman Press HQ was not the company that it has been, there would have been no reason for us to renew our franchise agreement. What do I mean by that, you might say? Our experience has been one of excellent, ongoing support in all aspects from Minuteman Regional & HQ. We truly appreciate their business franchise model; their ongoing support, the network of ‘Preferred Vendors’; and their early adoption of computerized pricing, which has evolved into the FLEX program that does so many functions today that were not even dreamed of 35 years ago. All these and more make a great package and a desirable business model to follow and continue with. And then there is the family aspect, not only mine, but also the Titus family. It had been my privilege to know the founder, Roy Titus. And then to also know his son Bob Titus and now Nick and Jackie Titus, as they have all ‘grown up’ in the business and taken on their leadership roles. What is most impressive to me is that they have all been ‘just folks’ … unpretentious and unassuming, kind and caring, and have become personal friends. They have never lost sight, now through three generations, that they are stewards of an amazing corporation, that while it first and foremost is a major business, it also at the same time cares for and treats everyone like extended family. Minuteman Press International also makes sure to recognize individual achievement. It is only human to be gratified, when our best efforts are recognized by others. Minuteman’s system of recognition for various sales levels, marketing, print quality, shop appearance and other awards, are all appreciated as tangible markers of various achievements. As a 25-year (now retired) veteran of the Army, I see many parallels to Minuteman’s system of such recognition, to the military’s awards of ribbons and service medals for exemplary service.” What does the transition mean for your customers? Bob Davidson: “I jokingly say that this transition means ‘ nothin g’ to our customers. That is because unless they ask, the vast majority of our clients won’t even know right away, that Ruth and I have stepped back. But it also means ‘ everything ’ to them with regards to their printing needs. I have every confidence that Craig and Christopher will continue in the same manner of excellent quality and service that we have provided up to this point. It means that between our production efforts and that of our vendors and everyone else behind the scenes, that our customers will continue to receive a top-quality product, that is consistent, timely, and fairly priced, every time. And if for some reason it isn’t, we make it right, no questions asked.” What are some of the key ways you’ve grown your business (products, marketing, networking, etc.)? Bob Davidson: “Well, the short answer is ‘ Yes ’ … all of the above. PRODUCTS: Through Minuteman HQ’s urging, guidance and vendor connections, we have branched out into many areas that we previously did not do, or consider. Mailing services, checks and deposit slips, signs and banners, promotional products, clothing / wearables. All of these are later additions to our original business model. MARKETING: When we initially began in 1987, marketing was almost exclusively ‘cold calls’ on local businesses. The follow-up was a 3” x 5” Index Card file that was sorted by ‘call back’ dates (which I still have). That and the Yellow Page ads were your two primary sources for getting your name out. Now, digital is the primary method and our Google Reviews rating of 4.9 stars along with the reviews posted there, are critical. A frequent response from new customers when we ask, ‘How did you hear about us?’, is almost always our high Google standing. Following that would be that they received a referral from another customer. NETWORKING: Do it! We have many, many customers that have come to us through our contacts in Rotary, our local Business Leads group (LeTip) and several local Chambers of Commerce. Some of those customers are among our largest accounts.” What are the high-demand products and services as well as growth areas? Bob Davidson: “Digital and offset printing are still the core tenants of our business. All other services are either in support of those, or a supplement to rounding out the main portion of that business. Our overall business mix is still approximately 1/3 offset, 1/3 digital and 1/3 outside services of all types. Digital printing is the fastest growing segment of our business.” How would you best describe your community? Bob Davidson: “Tigard is a bedroom community of the Portland Metro area. There is a good mix of local businesses of all types, small manufacturing, distribution and warehousing. It is a growing area, as many businesses are leaving the downtown core as the switch to ‘remote’ work continues. Tigard is both a residential and business community, with a healthy mix of both.” Why do you think printing remains so vital to businesses today? Bob Davidson: “People respond well to a tangible, physical piece that you can hold in your hand. It also has a tendency to be saved, whereas a digital ad piece is quickly passed by and forgotten.” What was your background before franchising and why did you choose Minuteman Press? Bob Davidson: “I was a local pickup and delivery driver for a national truck line for nearly 20 years. At the same time, I was also an Enlisted man and then Officer in the Oregon Army National Guard. I had 4 years of active duty and 21 years of National Guard service time as a reservist. Ruth was primarily a homemaker, with our two children. In the late 1980s, it was a time of great turmoil in the transportation industry – trucking, railroads and airlines, due to deregulation. Many of those businesses either merged or closed. That was cause for concern to me as I was in the trucking industry as my primary job. I and a friend of mine went to a local business fair in the summer of 1987. Of the many business ‘opportunities’ presented there, the one for Minuteman Press was the only one that seemed to have it ‘together’. Their presentation was easily understandable, well-organized and made sense. I then began to do the follow-up process of visiting existing shops. Minuteman Press also made it easy to go through all of the multitude of steps in opening a new business, such as the training, equipment, securing a location, and the initial opening and marketing phases.” What has the support from Minuteman Press International been like for you? Bob Davidson: “ TRAINING: Ruth and I went thru the 2-week training course at Minuteman HQ in New York. And when my son Craig first came to work for us, we sent him to the New York Minuteman School, so that he would also have that base training and experience. SUPPORT: As a ‘mature’ shop of 35+ years, we seldom have a need to call on either the Regional or National offices. But when we have, they have always been responsive and helpful. This would also be the appropriate time to extend our ‘ THANK YOUS!’ to Chris Jutt, Jason Kraus, Chris Multari, Mike Jutt, and Brendan Reilly for their ongoing support and responsiveness, anytime that we have had a question or an issue. When we have made major equipment purchases (recently high-speed Digital Printers, a new Challenge 30” Programable Cutter), we have received advice and support from HQ, as well as getting favorable Minuteman Press pricing. FLEX: A great program that does so very much. It is light years beyond the first computer program that we started with.” What are the biggest personal and professional rewards of owning your business? Bob Davidson: Having some control of your own future, but my joke is: ‘ I have no deadlines of my own, my customers provide them all.’ I also find it to be rewarding to be doing something that you enjoy or find satisfaction in. Every day is both the same, and yet different, as every job is unique in some way. The challenge of the coordination of a multitude of various aspects, personal, equipment and vendors, to bring a job to completion. I sometimes liken it to a conductor directing an orchestra, to bring a complete item out of many parts. When things ‘go south’ as they sometimes do, making a solution happen in some different way.” What advice would you give to other business owners or people looking to own a business? Bob Davidson: “If you never try, you will never know if you could have done it. Be bold. Join a service organization, business group and local chambers and PARTICIPATE. People do business (and refer others who they know) with those that they know and trust. Attend the regional meetings and learn from Minuteman Press and your fellow owners. Attend the World Expos and learn even more and be boosted up by your shared experiences. Follow the Minuteman Press program and advice as much as is possible. You paid for it, and it works, so use it.” Is there anything else you’d like to share? Bob Davidson: “I’d like to share a famous quote from Winston Churchill, which is also the attitude of those of us who have served in the military: ‘Never give in. Never give in. Never, never, never, never – in nothing great or small, large or petty – never give in………’” Minuteman Press in Tigard is located at 7555 S.W. Hermoso Way, Tigard, OR 97223. For more information, visit their website: https://minuteman.com/us/locations/or/tigard/ Learn more about #1 rated Minuteman Press franchise opportunities and read Minuteman Press franchise reviews at https://minutemanpressfranchise.com. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

February 21, 2023 11:00 AM Eastern Standard Time

Image
Article thumbnail News Release

Industrial Cleaning Is Risky For Workers And Environmentally Toxic; Are Lasers The Solution?

Laser Photonics Corporation

By David Willey, Benzinga Read the latest report on Laser Photonics here. Laser Photonics ( NASDAQ: LASE) has worked for 35 years to lead the laser technology industry in producing safe and efficient lasers. One prominent application for these lasers is in the industrial cleaning industry. Manufacturers and others constantly need to clean metal surfaces of corrosion, grease, or old paint. However, old practices carry risks to the environment and workers, which is why companies are beginning to turn to laser solutions. A popular industrial cleaning method is sandblasting, where a jet of sand particles is blown at the surface to roughen or strip it down. The sandblasting industry is worth over $9 billion, but particles from the sand and surface create air and water pollutants, and sandblaster operators must protect themselves with a Hazardous Environment Protective Assembly (HEPA) suit. Silica sand and particles from the blasting can get into workers’ lungs, causing silicosis, with an estimated 1 million US workers currently at risk of silicosis. The Occupational Safety and Health Administration (OSHA) has responded with strict regulations around the use of sandblasting and other activities that risk producing crystalline silica. Another common blasting method is dry ice blasting, where dry ice pellets are air blown at the metal surface. However, dry ice blasting risks exposure to high levels of carbon dioxide, and damage to hearing. Also, contact with the dry ice pellets – which run at -70 degrees celsius – brings the risk of severe burns. A third common cleaning method is the $14 billion chemical market, which involves noxious, and often toxic, products. However, with this method, it is difficult to safely dispose of the chemical waste, and many solvents use chemicals like trichloroethylene that bring the risk of cancer and other serious long-term side effects. Amid these concerns, companies are turning to lasers as a safer and more environmentally friendly alternative industrial cleaning solution. Lasers Are A Safer Solution Laser Photonics is an integrated laser technology company, and one of its specialties is laser cleaning systems. The company has a diverse line of CleanTech laser products that are suited to a range of industrial cleaning applications. These eco-friendly lasers carry less risk for the worker as well as for the environment. The lasers don’t create pollutants, and they are easy to use, following straightforward guidelines for laser safety awareness. The reduced risks to health and safety make these a more Environmental Protection Agency (EPA)- and OSHA-friendly solution. Laser Photonics isn’t going to stop growing, however, and the company is rolling out its next-generation laser that represents a systems upgrade in maintenance, repair, and operations (MRO). Laser Photonics lasers have been picked up by Fortune 500 and 1000 companies, who want to incorporate both environmentally friendly and safety-first applications for their workers. One of the most recent orders of 2000-watt CleanTech lasers came from a major truck manufacturer, which was placing its third order for Laser Photonics products. “Industry has needed a cleaner, safer surface pre-treatment solution for a very long time,” said Vincent Galiardi, CEO of a surface cleaning operation company that uses Laser Photonics’ lasers. He praised both the safety of Laser Photonics’ products and their superiority to traditional cleaning methods: “When we treat a surface with lasers, any fumes or dislodged particulate is extracted into a HEPA filter and the job is done. There is no media [sand, dry ice, chemicals] to replenish or clean up.” Lumentum Holdings Inc. (NASDAQ: LITE), CyberOptics Corp. (NASDAQ: CYBE) and IPG Photonics Corp. (NASDAQ: IPGP) are other companies involved in producing industrial laser solutions. Want to learn more about how Laser Photonics provides safe and eco-friendly solutions? Visit its website. This article was originally published on Benzinga here. Laser Photonics is a vertically-integrated manufacturer and R&D Center of Excellence for industrial laser technologies and systems. LPC seeks to disrupt the $46 billion, centuries old, sand and abrasives blasting markets, focusing on surface cleaning, rust removal, corrosion control, de-painting and other laser-based industrial applications. LPC's new generation of leading-edge laser blasting technologies and equipment also addresses the numerous health, safety, environmental, and regulatory issues associated with the old methods. As a result, LPC has quickly gained a reputation as an industry leader for industrial laser systems with a brand that stands for quality, technology and product innovation. Currently, world-renowned and Fortune 1000 manufacturers in the aerospace, automotive, defense, energy, industrial, maritime, space exploration and shipbuilding industries are using LPC's "unique-to-industry" systems. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Brian Siegel, IRC®, M.B.A. Senior Managing Director Hayden IR brian@haydenir.com Company Website https://www.laserphotonics.com/

February 21, 2023 09:25 AM Eastern Standard Time

Article thumbnail News Release

Chronicle raises $7.5M seed round from Accel and Square Peg to reimagine presentations

Chronicle

The slide format was created in the 1980s to design overhead projector slides. 40 years later, the way we work has completely transformed but we are still stuck with this slide format. Not only is it extremely time consuming and tedious to make great presentations, the affordances of this format make it extremely easy to make bad presentations. Today, Chronicle is announcing a new storytelling format to revolutionize storytelling for modern teams. Founded by Mayuresh Patole and Tejas Gawande, Chronicle believes that this problem needs to be solved with world-class information design. They are making a completely new way to make impactful, interactive presentations that are effortless to create. Creating presentations on Chronicle is completely different from hours of pixel pushing. Instead of spending hours tweaking slides, Chronicle allows users to create with ‘pre-designed blocks’. These blocks are interactive and are designed with world-class information design in mind. This radically reduces the time required to create a story that is highly impactful. Chronicle wants to deliver a dummy-proof creation experience - layouts are created much like arranging widgets on your iPhone meaning it's impossible to make a bad-looking Chronicle presentation. The founders have spent the last decade helping thousands of people make presentations while working in product, growth, and management consulting roles. Mayuresh Patole, Co-Founder and CEO at Chronicle, commented: “This started at university where I accidentally ended up teaching lecture halls full of students to build presentations because they thought I'd developed some kind of new interactive format. In reality, I was spending hours hacking Powerpoint to deliver a novel, interactive and engaging format. Today, with the explosion of social media, remote work, and a plethora of modern design tools, the world is ready for a new way to tell stories. I’m so excited that I can now bring that power to create visually stunning stories to anyone in seconds or minutes, not hours.” The founders realized big changes were happening in how people were telling stories - both in the creation and consumption experiences. Tejas Gawande added: “Social media has completely hijacked how people consume complex information. Attention spans have reduced by 33% since 2000 and have given rise to shorter formats across almost everything we consume. Today, most audiences stop paying attention to the presentation at the 10-minute mark. As younger generations have entered the workplace this feeling of ‘death by Powerpoint’ has only grown more acute.“ Simply making tools that lead to faster creation of poorly designed slides with chartjunk and bad information design only further aggravates this issue. Users are also spending hours making bad presentations. Employees spend, on average, more than a month every year writing and finessing these presentations. Mayuresh and Tejas were struck with a strong realization when they saw users move from conventional slide-based design tools to simpler formats that offer one core thing that users want - convenience. According to the founder, the problem is not that you cannot create great presentations with existing tools but rather that it is that the tools do not help in the process. Not only do existing tools and formats make it very difficult to deliver great presentations, they make it quite easy to make bad ones. Chronicle wants everyone to be able to share their story and be proud of the output they create. They also want to make storytelling a joyful experience. To do this they’re breaking the tyranny of the slide and replacing it with interactive blocks that work like magic. Mayuresh Patole added: “Our early adopters are able to use Chronicle to create some of the best decks in just 8 minutes instead of 8 hours. Eventually, we see Chronicle being the best way to anchor any meeting or discussion, in-person, remote, or asynchronous. It is a huge opportunity to impact millions of people who aren’t happy with how stories are told today and we are incredibly excited about it.” The founders used their platform to make their investor pitch deck that caught the eye of Accel’s Shekhar Kirani and it was quickly evident how much impact a simple, well-designed, interactive format could create. Shekhar Kirani, Partner at Accel, commented: “Chronicle is reimagining storytelling. The team is obsessed with fixing the problem and making the experience of crafting impactful stories not just bearable but joyful. Mayuresh and Tejas have put together a global, remote-first team that is fixated on solving the pressing issues that prevent people from delivering their best story, both sync and async. With its opinionated design and delightful experience, Chronicle has already started emerging as the choice of storytelling tool with modern ventures. We are thrilled to be a part of their mission and kick off a new generation of no-design tools.” Paul Bassat, founder at Square Peg, said, “It is rare to find a founder who has such a special connection with the problem. Mayuresh is absolutely obsessed and uniquely skilled to craft a new storytelling medium. When he showed us what he means by ‘a new format’ it was immediately clear that the opportunity is huge and they are thinking about this very differently. We are thrilled to be a part of their mission.” Over the course of their journey, the founders have attracted some of the most prominent thought leaders mapping out the future of work from organizations such as Apple, Google, Slack, Stripe, Superhuman, OnDeck, and Adobe. Chronicle is a fully remote team of 15, operating across the US, India, and Australia. They are currently in closed beta, rapidly iterating with their early adopters on the first version of their product that focuses on helping founders make pitch decks - a use case that is very close to the founders. They will soon be expanding to other internal and external storytelling use cases. About Chronicle Chronicle is a new format of presentations that lets you create impactful stories effortlessly. Chronicle is doing to presentations what Notion did to docs. We are not making a faster tool to make slides, we are fundamentally reimagining the format itself by taking away the design burden, making it interactive and engaging. Find out more and join the waitlist at Chronicle (chroniclehq.com) Chronicle is led by a strong team of storytellers, and product and information design leaders. Mayuresh Patole co-founded Chronicle after witnessing a significant void in the way stories are created and shared. After being repeatedly asked at talks and events about how he made his presentations, he ran a workshop on effective presentations which was a surprise success. He went on to join BCG where he would spend the next 5 years surrounded by presentations again. Tejas Gawande is a product geek who brings his deep expertise in customer and go-to-market from working across the US and 10 APAC countries in eCommerce and management consulting. He also writes a product newsletter for thousands of subscribers. Mayuresh and Tejas met at university (IIT Bombay) and have known each other for a decade. About Accel Accel is a global venture capital firm that aims to be the first partner to exceptional teams everywhere, from inception through all phases of private company growth. Accel has been operating in India since 2008, and its investments include companies like BookMyShow, BrowserStack, Flipkart, Freshworks, FalconX, Infra. Market, Chargebee, Clevertap, Cure Fit, Musigma, Moneyview, Mensa Brands, Myntra, Moglix, Ninjacart, Swiggy, Stanza Living, Urban Company, Zetwerk, and Zenoti, among many others.We help ambitious entrepreneurs build iconic global businesses. For more, visit www.accel.com About Square Peg Square Peg is a global investment firm on a mission to empower exceptional founders. Square Peg was founded in 2012 and has grown into a global investment firm with teams in Sydney, Melbourne, Tel Aviv, and Singapore. Square Peg invests in emerging technology companies across the internet economy. Since 2012, it has invested in over 50 companies including Canva, Fiverr, Stripe, Tomorrow, and Airwallex. For more, visit www.squarepegcap.com Contact Details Chronicle Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://chroniclehq.com/

February 21, 2023 09:00 AM Eastern Standard Time

Image
Article thumbnail News Release

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

NAVEX Global

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

February 21, 2023 08:30 AM Eastern Standard Time

Article thumbnail News Release

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

Volatus Aerospace Corp.

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

February 21, 2023 07:00 AM Eastern Standard Time

Image
1 ... 294295296297298 ... 612