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AltaMed Health Services’ Youth Champions Program Awards $80,000 in College Scholarships to Eight Los Angeles-Based High School Students

Lee & Associates - Los Angeles Downtown

During the AltaMed Health Services’ Youth Champions Donor Appreciation Dinner on May 25, eight $10,000 college scholarships were awarded to students who excelled in this year’s program. It was also announced the AltaMed Youth Champions program will operate as an educational internship for the 2022-2023 school year where students will earn a stipend for hours spent completing this unique personal development program. The AltaMed Youth Champions program empowers youth to enhance their life skills, focusing on a positive mindset, leadership, communication, financial literacy, goal setting, and most importantly, determination to work hard and excel in every category of their lives. Founded four years ago by Cambria Cline and Jack Cline, President of Lee & Associates - Los Angeles Downtown and an AltaMed board of trustee member, the main goal of the Youth Champions program is to build courage, perseverance, creativity and problem-solving skills in their students, grades 10-12. The program offers students weekly afterschool classes, virtual panel events, field trips, book clubs, video contests, unique teambuilding opportunities, professional development, networking events as well as an annual job fair. This school year the program served approximately 200 students from seven high schools throughout Los Angeles. Instructors are provided by CommandReady, a corporate leadership training company. “My wife, Cambria, and I are truly honored to be able to work with such amazing students who continuously surprise us with their determination and commitment,” said Cline. “Our Youth Champion students come from underserved communities throughout Los Angeles and many have endured incredible hardships, including homelessness and poverty. These students have chosen to participate in this after-school program and are motivated to learn life skills that will help them succeed in college and beyond. It is our honor to recognize and reward these eight deserving students who were engaged and participated at the highest level throughout this past year!” Congratulations to the following eight students who earned $10,000 scholarships: Emeli Andrade (Grade 12) Huntington Park Emeli will be graduating from Huntington Park Institute of Applied Medicine High School and is planning to attend University of California Los Angeles and study medicine and biosciences. She is the oldest in her family and will be the first family member to attend college. Over the past few years, her number one goal was to attend her dream school, UCLA. Emeli’s main motivation and drive is to make her family proud. Diana Gomez (Grade 12) Los Angeles Diana will be graduating from Ortho Medical Magnet High School and is planning to attend University of California Irvine and study nursing. She comes from an immigrant household where there is a lot of love but also many hardships. Her parents constantly remind her to take advantage of all the privileges and opportunities that they did not have as kids. As a young child, she didn’t understand what they meant by this but now she does. Diana thanks the Youth Champions program for giving her the skills needed to get into a great college. Stacy Hu (Grade 12) Los Angeles Stacy will be graduating from Francisco Bravo Medical Magnet High School and will be attending University of California Riverside and study business. Since her parents have their own business and work long hours, Stacy is a role model to her younger sister. After school, Stacy makes lunch and takes care of her sister while also completing her schoolwork. This dedication to her family resulted in a strong sense of self. She learned that she can only reach certain goals if she sets high standards for herself. This pushed her inner drive to work harder every day. Madelyn Prado (Grade 12) Los Angeles Madelyn will be graduating from Bright Star Secondary Charter Academy and will attend Santa Monica College and study medicine and biochemistry. Since Madelyn is the oldest child and her parents had to work full-time, she was responsible for taking care of her three younger siblings. This role gave her confidence and leadership skills which she’s now utilizing within her career aspirations. Throughout her life, she has seen women in her family rise in the most desperate times in life and persevere. She is looking forward to making her family proud. Krisalyn del Refugio (Grade 12) Huntington Park Krisalyn will be graduating from Huntington Park Institute of Applied Medicine High School and will attend University of California Irvine and study medicine and biosciences. Due to her accomplishments in school and in the home, her family has always set high expectations for her. She is truly excited to be the first person in her family to attend college. Attending college will give Krisalyn the opportunity to be independent, self-sufficient and will help her obtain a job that will help keep her family financially stable. Jesus Angel Rodriquez (Grade 12) Los Angeles Jesus will be graduating from Huntington Park Institute of Applied Medicine High School and is planning on attending University of California Los Angeles and study political science. Throughout his life, he has been motivated by his passion of creating change not just within himself but also in his local community. Even though he has encountered adversities, he decided to take control of his own well-being. This is one of the reasons why he joined the Youth Champions program. Henry Tan (Grade 12) Los Angeles Henry will be graduating from Francisco Bravo Medical Magnet High School and will attend Cal Poly San Luis Obispo and study engineering. He dedicates his passion for learning to his sister and parents. His sister is his inspiration because when he was in elementary school, she graduated with a degree in mechanical engineering and is now an aerospace engineer. She convinced Henry to try robotics which led him along the engineering career path. Without his family’s support and trust in him, he wouldn’t be the person he is today. Audrey Zuniga (Grade 12) Los Angeles Audrey will be graduating from Esperanza College Prep High School and will attend Marymount Manhattan College in New York and study International Business. Audrey has come across a lot of mentors in her life but her true role model is her mother. Her mother is one of the most hard-working people she knows and has achieved a lot compared to dire circumstances she had encountered over the years. She admires her mother for her ability to constantly achieve more for herself. Audrey believes that her confidence in herself and her achievements will set her up for a successful college experience. Funding for the 2021-2022 Youth Champions program was provided by: Jacky Dilfer, Business Financial Capital (BFC) Jack and Cambria Cline Vera R. Campbell Foundation Supo Foundation Friese Family Foundation Sheila Dave and Sherry Gold Foundation Asante Bayrooti, Lifetime Flooring Eduardo and Reyna Valadez, Val-Air Conditioning & Heating “We are so proud of all our students who demonstrate the ability to pursue and achieve goals with a positive mindset to work hard and persevere,” said Ana Cortez, Program Supervisor, AltaMed Youth Champions. “We strive to encourage our Youth Champions to become lifelong learners and leaders.” For additional information about the AltaMed Youth Champions program, visit https://altamedfoundation.org/youth-champions-program/. About Youth Champions In partnership with AltaMed Health Services Corporation, Youth Champions program was founded in 2018 by Cambria and Jack Cline. The Youth Champions program empowers high school students to enhance their life skills through personal development, including leadership, communication, financial literacy, positive mindset, determination to work hard, and GRIT. Students who demonstrate a willingness to work hard will build courage, perseverance, creativity and problem-solving skills. About AltaMed Health Services AltaMed understands that when people receive care that considers their individualhealth needs and respects their cultural preferences; they grow healthy—and help theirfamilies do the same. Since 1969, we have delivered complete medical services to communities across Southern California. Our team of qualified multicultural and bilingual professionals—from these same communities— is focused on eliminating barriers to primary care services, senior care programs, and essential community services. With nearly 50 accredited health centers and service facilities, we remain committed and ready to help you grow healthy at any age. Contact Details The Hoyt Organization Cinnamon Thompson +1 310-373-0103 cthompson@hoytorg.com

June 01, 2022 08:40 AM Pacific Daylight Time

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Communication Service for the Deaf Welcomes Shireen Hafeez to its Board of Directors

Communication Service for the Deaf

Communication Service for the Deaf (CSD) is proud to announce the addition of Shireen Hafeez to its Board of Directors. Hafeez joins eight other board members who guide CSD’s overall strategies, promote innovative thinking about the future of CSD, and strategize ways to unleash transformational impact in the Deaf and hard of hearing community. Shireen Hafeez is the founder of Deaf Kids Code, a first-of-its-kind nonprofit that teaches Deaf and hard of hearing children computer and technology skills so they can be economically and socially successful in life. The national outreach organization has worked with more than 9,000 children in over 40 locations around the United States. Hafeez founded Deaf Kids Code to support future generations of Deaf children, including her son, so they can thrive in ways that previous generations couldn’t due to societal and linguistic barriers. “It is the greatest honor to join the board of directors,” said Hafeez. “The most important and exciting part of this role is creating meaningful learning and workforce experiences. It is the greatest privilege to be able to work with like-minded people and create new pathways that didn’t exist before.” Deaf Kids Code is founded on the belief that the digital age is the great equalizer. The organization empowers Deaf and hard of hearing children by equipping them with the technology and design skills they need to succeed in today’s competitive workforce. By teaching them the universal language of computing, students have more substantial opportunities to enter top-tier colleges and pursue fulfilling careers in technology. “Deaf Kids Code is a tremendous success and an important resource for our community to promote and advance STEM education and career pathways,” said CSD CEO Chris Soukup. “Shireen’s experience and expertise aligns beautifully with the outcomes CSD aspires to achieve.” Together, Hafeez and CSD will continue developing strategies to further their shared missions of expanding access to technology and economic opportunities for children and adults who are Deaf or hard of hearing. “Shireen is a longtime ally of the Deaf community, and we are excited to have her join us,” said Board Chair Rogelio Fernandez. “Her unique and valuable perspective will help us shape the future of our organization and community for generations to come.” About Communication Service for the Deaf Communication Service for the Deaf (CSD) is the largest Deaf-led social impact organization in the world. For more than four decades, CSD has been a leader in creating and providing accessible and innovative solutions for the Deaf community. Today, CSD continues its work to create opportunities for personal and economic growth within the Deaf community, specifically addressing leadership and employment. For more information, please visit CSD and follow us on Facebook, Twitter, Instagram, and LinkedIn. Contact Details Leila Eltouny leltouny@csd.org Company Website https://www.csd.org/

May 31, 2022 11:42 AM Eastern Daylight Time

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College of DuPage Men’s Track and Field Win Second Consecutive NJCAA Title

COD Newsroom

Defending National Junior College Athletic Association men’s track and field champion College of DuPage left no doubt about repeating the national title with an outstanding display of depth and personal achievement May 14. Behind Josh Rivers, who won two individual titles, and a superb supporting cast that scored in 17 events, the Chaps won the men's title with 118.5 points, followed by Mineral Area College with 96. It marks the sixth title in school history, and is the first time since the 2003 season that the Chaps successfully defended their title. "It took a total team effort to come here and perform and win,'' said Chaparral Track and Field Head Coach Robert Cervenka. "We had a superstar performance from Josh, and with Anthony Eddy, Diego Villalobos, John Sassan, and Max Szul and Axel Huerta making the most of their talents. I'm in awe of what they were able to accomplish and bring a home a title for a second straight year.'' Rivers won both the long jump and high jump with season-best efforts Friday, and then added to his point total in both the 100- and 200-meter and in the 4x100 meter relay. Eddy finished second in the 1500 on Saturday, and gutted out a seventh place showing in the 800. "This was a big week for Anthony, who really showed his ability,'' Cervenka said. "He was a big leader for us in cross country and showed it again this week.'' Sassan, who sustained an injury during Friday's long jump, ran the opening leg on the 4x100 relay, and along with Villalobos and Rivers, secured 23 team points in the long jump. "Josh really shined all week,'' Cervenka said. "He took advantage of his talents and proved it.'' Szul placed third in the high hurdles and added a fifth-place effort in the 400 hurdles, along with running on the 4x100 relay. "Max is running faster than he did in high school,'' Cervenka said. "We don't win if we don't have everyone pulling their weight and competing in multiple events. They bought in and great things happened because of their willingness to put team first.'' Villalobos scored fourth in the 100, second in the 4x100 relay, second in long jump and third in the triple jump. He piled up 21 points including two from the eight-point 4x100 relay. Huerta, who ran the steeplechase just once prior to this week, placed fourth in that event and sixth in the 5,000. "He and Diego were such key guys for stepping up and giving us points.'' Cervenka said. Cervenka was named the NJCAA men's coach of the year for the second straight year. Learn more about Chaparral Athletics. Contact Details Mark Reinhiller +1 630-942-3761 reinhillerm@cod.edu

May 31, 2022 08:00 AM Central Daylight Time

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Hong Kong Baptist University-led research identifies new regulatory mechanism of satiety and therapeutic target for obesity

Hong Kong Baptist University

HONG KONG SAR - Media OutReach - 30 May 2022 - A research team led by Hong Kong Baptist University (HKBU) has found that a proteolytic enzyme called membrane-type 1 matrix metalloproteinase ( MT1-MMP) plays an important role in the regulatory mechanism of fullness, or satiety, and it could serve as a promising potential drug target for the management of obesity. Dr Xavier Wong Hoi-leong, Assistant Professor of the Teaching and Research Division of the School of Chinese Medicine (left), and Professor Bian Zhaoxiang, Director of the Clinical Division of the School of Chinese Medicine and Tsang Shiu Tim Endowed Chair of Chinese Medicine Clinical Studies at HKBU (right), identified a proteolytic enzyme called MT1-MMP which could serve as a promising potential drug target for the management of obesity. The research findings were published in the internationally-renowned scientific journal Nature Metabolism. The study has also been featured as a research highlight in multiple high-impact journals, including Nature Reviews Endocrinology, Nature Metabolism and Science Signaling. Half of Hong Kong’s population obese or overweight Being overweight, especially to the extent of obesity, exposes people to a higher risk of life-threatening diseases such as cardiovascular diseases, diabetes, and cancer. According to the Population Health Survey conducted in 2014/15 by the Department of Health, about 30% of people in Hong Kong aged 15 to 84 were obese, and another 20% were overweight. The most effective way to tackle obesity is to reduce food consumption, but obese people often encounter difficulties in regulating their dietary habits as they lose their sense of satiety. Identifying a factor that specifically controls body weight, and investigating how it regulates our sense of satiety, is crucial for the development of therapeutic approaches for obesity. Identification of new regulator of satiety signals A research team led by Dr Xavier Wong Hoi-leong, Assistant Professor of the Teaching and Research Division of the School of Chinese Medicine (SCM), and Professor Bian Zhaoxiang, Director of the Clinical Division of SCM and Tsang Shiu Tim Endowed Chair of Chinese Medicine Clinical Studies at HKBU, identified a proteolytic enzyme called MT1-MMP which regulates the mechanism of issuing satiety signals in the human brain. Growth and differentiation factor 15 (GDF15) is a hormone that sends out satiety signals by binding with the neuron receptor in the hindbrain called GDNF-family receptor α-like (GFRAL). Mediation of GFRAL can therefore affect the ability of GDF15 to send satiety signals, and thus help regulate food intake. From this starting point, the research team conducted a series of experiments to investigate the mediation effects of MT1-MMP on GFRAL. Depletion of MT1-MMP reduces obesity The research team generated an obesity mouse model by feeding a fat-rich diet to a group of transgenic mice with a depletion of MT1-MMP in their satiety neurons, as well as a control group of ordinary mice. After 16 weeks, the mice with depleted MT1-MMP ate 10% less food, gained 50% less weight, and exhibited reduced glucose and plasma insulin levels compared to the control group. The results show that depletion of MT1-MMP protects mice from obesity induced by a high-fat diet. Following analysis with western blots, a widely used analytical technique that can detect specific proteins, the research team also found that the obese mice displayed an increased activity of MT1-MMP in the Area Postrema and Nucleus of the Solitary Tract, the brain regions involved in appetite and weight regulation. The finding suggests that increased MT1-MMP activity in the brain of obese mice could be a risk factor causing sustained weight gain. To understand the mechanism by which MT1-MMP suppresses GDF15 satiety signalling, the research team conducted a series of molecular biology experiments involving animal models and cell culture. The results show that in cells with active MT1-MMP, a significant reduction of GFRAL and thus GDF15 signalling were observed. It could be explained by MT1-MMP clipping GFRAL from the surface of the brain neurons, which blocks GDF15 from binding to GFRAL and thus reduces the number of satiety signals. This in turn keeps the neurons from transmitting the satiety signals sent by GDF15. MT1-MMP as a therapeutic target for obesity The researchers also explored the therapeutic potential of targeting MT1-MMP for obesity management, in particular through pharmacological inhibition of its activity in vivo. With the application of a specific neutralising antibody that inhibits MT1-MMP, significant improvements in metabolic parameters including food intake, glucose tolerance and body weight in obese mice were observed. The results suggest that MT1-MMP is a potential therapeutic target that could be used in the development of innovative drug treatments for obesity. Dr Wong said: “The research findings have established the role played by MT1-MMP in regulating satiety, and they have provided preliminary indications that the proteolytic enzyme is a promising target for the treatment of obesity. Pharmacological inhibition of MT1-MMP could be a viable strategy for the development of effective pharmacotherapy for the treatment of obesity.” Apart from researchers from HKBU, the research team included scientists from The University of Hong Kong, The Chinese University of Hong Kong, the University of Texas Health Science Center at Houston, and the University of Helsinki. #HongKongBaptistUniversity #HKBU Contact Details Christina Wu from the Communication and Public Relations Office +852 3411 7828 christinawu@hkbu.edu.hk Company Website https://www.hkbu.edu.hk/

May 30, 2022 04:26 AM Eastern Daylight Time

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COD Women’s Track and Field Win Second NJCAA Championship

COD Newsroom

Defending NJCAA champion College of DuPage women’s track and field team are repeat national champions. Under the direction of Head Coach Robert Cervenka and his coaching staff, Michelle Stratton and Rachael Ramon, each member of the Chaps squad earned points at the Hudson Valley Community Track and Field Complex. The team title is COD's sixth in school history and is the first time it has repeated since the Chaps won three straight championships from 2000 to 2002. Sprinter Kiara Carter won both the 100- and 200-meter sprints, and Alexandra Ochab added to her long jump title with a victory in the 400-meter as the Chaps totaled 138 points to out-distance runner-up RC Gloucester, which finished with 111. Carter and Ochab each added a title in their one and only relays with Carter in the 4x100 meter and Ochab the 4x400. "Maximum efforts across the board and we could not be happier,'' said Cervenka. "Kiara is so talented and I think Alexandra's experience from a year ago was pivotal. Every one of our nine athletes scored in more than one event. That speaks volumes about their buy-in to the team and winning the title going away.'' The 2022 championship marks the second straight national event where the Chaps won all three relays; a point Cervenka emphasized. "It's a pride thing where we demonstrated skill and those relays capped our week,'' he said. "All nine ran at least one leg on a relay. That really says it all.'' Carter won the 100 in 12.40 seconds and added the 200 title in 25.88 seconds. "So proud of Kiara and for her to get the job done,'' said Cervenka. "Her maturity picked up. She's always had the talent and was such a big contributor for us.'' Ochab ran in just the 400, a day after winning the long jump by improving 30 centimeters over her previous best. "What can you say,'' said Cervenka. "She's another one who got the job done in spectacular fashion.'' The effort of Akira Lebron throughout the week was vital. She competed and scored in five individual events and ran on the winning 4x100 relay. "Akira is such a phenomenal athlete,'' said Cervenka. "We asked a lot of her and she responded so well. Her efforts in those five events took points away from the competition and she excelled.'' Lillian Buzani added a runner-up finish in the 800 and placed third in the 1500, while her distance teammate Bella Adduci was fourth in each event. Both ran on the 4x800 title relay. "Both Lillian and Belle showed their best when it mattered the most,'' said Cervenka. "Again, we really got the most of our nine athletes.'' Morgan Clifford was seventh in the 100 hurdles and sixth in the 400 hurdles. Alyssa Gaski was the only Chap who ran on all three relays, and Mya Mangan added to her pole vault title with a leg on the 4x100 relay. Paulina Stachura tied for fourth in the high jump and ran on the 4x400 relay. Cervenka was named NJCAA coach of the year upon conclusion of the event Learn more about Chaparral Athletics. Contact Details Mark Reinhiller +1 630-942-3761 reinhillerm@cod.edu

May 27, 2022 04:00 PM Central Daylight Time

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Jane Vatchev Named College of DuPage Outstanding Full-Time Faculty Member

COD Newsroom

College of DuPage Physical Education Assistant Professor Jane Vatchev is the College-Wide Outstanding Full-Time Faculty Member for the 2021-2022 academic year. Representing the Physical Education, Social/Behavioral Sciences and the Library Division, Vatchev will receive a $1,000 award from the College of DuPage Office of the Provost, which annually recognizes outstanding teaching achievement. Vatchev said she is honored to receive the recognition at an organization filled with talented educators. “The past recipients of this honor have been excellent teachers so to be considered amongst that group is overwhelming and humbling,” she said. “This recognition truly reflects my entire department’s hard work and dedication. I feel blessed that I get to do what I’m passionate about every day with colleagues and students who inspire me.” Sports has always been a part of Vatchev’s life. “I grew up in an athletic family with three competitive brothers and a dad who was an amazing basketball player and golfer,” she said. “I also knew from about the age of 5 that I wanted to be a teacher. Combining those two passions was an obvious choice.” Her 37-year physical education teaching career started at John Deere Middle School in Moline, then as a graduate assistant at the University of Nevada, Reno, where she earned her master’s degree. Moving back to the Chicago area, Vatchev was an adjunct faculty member at Lewis University, where she coached full time; taught at Walther Lutheran High School in Melrose Park; and became a full-time faculty member at College of DuPage, where she has been for 22 years. Vatchev’s focal point of teaching is centered in the word “passion.” “I love the connection with students—the instilling of knowledge about themselves, the subject and how it connects to their future,” she said. “There is such great satisfaction when you know that students have learned and grown through the process of your time together. My goal is to light a fire in each of my students and help them find what they love.” Vatchev connects to students in the classroom by sharing stories that bring the subject matter to life. She creates real life projects and assignments, hoping to spark in them the passion of their future career. COD President Dr. Brian Caputo enthusiastically endorsed Professor Vatchev’s selection for the honor. “Jane is one of the most talented and effective faculty members on a campus that is replete with exceptionally skilled professors,” he said. “Unquestionably, she is a fantastic choice for this year’s award.” In addition to teaching, Vatchev was the head COD men’s and women’s track and field coach for 13 years, and her teams won eight National Junior College Athletic Association National Championships (four men and four women), while 118 athletes were individual NJCAA National Champions and 220 athletes became NJCAA All-Americans. In 2017, Vatchev developed the COD Athletic Hall of Fame to honor student athletes, coaches, and support staff whose actions and achievement in their sport brought distinction to the College. “We’ve had so many talented past athletes and coaches at COD, and I wanted to honor that,” she said. “It has been a joy to see that come to fruition.” As an educator, Vatchev said she is always learning and growing. “I’m constantly asking for feedback in everything I do because I want to be the best educator I can be,” she said. “One of the things I’m reminded, especially during COVID, is that my students have so much more going on than what’s in the classroom. Maybe they are struggling with illness or family issues, and we need to show compassion and understanding.” Looking forward, Vatchev is energized about the future of COD’s Physical Education, Fitness and Sports Studies program, including developing more articulation agreements for students. “We are really excited about our PE articulation agreements, like our new 2+2 in Athletic Training with Aurora University,” she said. “We now have other schools seeking us out for partnership. At the end of the day, I will continue to inspire students to take their education as far as they can.” Contact Details Jennifer Duda +1 773-490-4077 dudajen@cod.edu

May 27, 2022 03:17 PM Central Daylight Time

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COD Offers New Web Development Associate in Applied Science Degree

COD Newsroom

College of DuPage now offers an associate degree designed for students seeking a career in the development of websites. COD Business and Applied Technology Division Dean Kris Fay says the curriculum focuses on how to develop a functional website with a high-quality user experience. Other degree programs focus exclusively on graphic design or on programming separately. COD’s Web Development Associate in Applied Science encompasses both aspects. “It’s not just about making a website that looks pretty,” said Fay. “It’s about making a website that truly works.” The Web Development AAS is a balanced degree program focused on the functionality and capabilities of websites, as well as information infrastructure, to provide a high-quality user experience. Graduates are then prepared to pursue a variety of careers related to building and maintaining websites. “The degree is designed to encompass front-end and back-end development,” said Computer and Information Science Professor Michael Losacco. “I would expect someone who completes this degree could work either on the client side or the server side.” The program includes coursework in JavaScript programming, database management, and a new course called “Introduction to Human Computer Interaction.” Learn more about the Web Development Associate in Applied Science degree program. Contact Details Jennifer Duda +1 630-942-3097 dudajen@cod.edu

May 27, 2022 08:00 AM Central Daylight Time

CORRECTING and REPLACING Volatus Aerospace Corp. Announces Record First Quarter 2022 Sales

Volatus Aerospace Corp.

The headline of the release dated May 26, 2022 has been updated to read "Volatus Aerospace Corp. Announces Record First Quarter 2022 Sales" sted "Volatus Aerospace Corp. Announces Record First Quarter Annual Sales" The updated release reads: Volatus Aerospace Corp. Announces Record First Quarter 2022 Sales Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company"), is pleased to announce record sales for the first quarter of 2022. The growth was driven by sales of products and solutions. Key Financial Highlights: Revenue for Q1 2022 was $4,807,829, an increase of 64% over the previous quarter and a sixteen-fold increase over the year-on-year quarter of 2021. The revenue was driven predominantly by organic growth across Canada, the USA, Latin America, and some parts of Europe. The drone services and training segment are lowest in the first quarter due to seasonality. Gross profit for Q1 2022 was $1,092,840 an increase of $930,748 over the same period in 2021. The increase in gross profit is due to scaling in product and service activities. Volatus recorded a comprehensive loss of $1,774,397 compared to a comprehensive loss of $1,328,628 in the previous quarter. This was due to increased investment in human resources and expansion activities. Operational Highlights: The Company achieved significant milestones in the first quarter of 2022, namely: Volatus scaled its activities in the United States and the United Kingdom, hiring key people in the public safety and defense sectors. As a result of the Russian invasion of Ukraine, the demand for defense related drones has significantly increased globally. The Company accelerated its plans to expand in Europe and nearby regions and is promoting its capabilities to provide ISR (Intelligence, Surveillance, Reconnaissance) and humanitarian cargo drone solutions. The Company is actively supporting non-government organizations (NGOs) including Mriya Aid and Second Front Ukraine in their efforts to support Ukraine. Volatus has entered numerous strategic partnerships with North American and European UAS manufacturers having unique capabilities in different sectors - providing a portfolio of technologies for it to commercialize and present as integrated solutions to its clients in the commercial, public safety and defense sectors. These technologies have been “Vetted by Volatus” – a program whereby a team of subject matter experts from Volatus perform due diligence on the technology and certify that it is ready for commercialization. The Company made a strategic move with the acquisition of MVT Geo Solutions Inc. on February 28, 2022. This acquisition enhanced Volatus' service and data processing capabilities in the province of Quebec and Eastern Canada. Volatus will integrate the operations of MVT to provide data insights and scale its LiDAR expertise across Canada. As part of creating a drone community, Volatus introduced Drone Network News available here. This communication channel was developed to inform various stakeholders in the industry, enable sharing of knowledge and informed decision making and increase the awareness and market exposure of Volatus as an industry expert. This channel highlights all the key developments in the drone industry across the globe through articles, discussions, and podcasts with key industry leaders. “Drones are the future and Volatus is the future of drones,” said Glen Lynch, President and CEO of Volatus. “During the quarter we have made considerable investments in equipment, inventory, sales personnel, and marketing in preparation for continued strong expansion during the remainder of 2022. We are committed to building the global drone company and running it sustainably.” The condensed consolidated interim financial statements for the three months ended March 31, 2022, and associated management discussion and analysis, are made available under the Company's profile on SEDAR at www.sedar.com Webinar In conjunction with this release, Volatus investor relations Kate McKenna will host a webinar on Tuesday, May 31 st at 11:00 AM EST at which time Glen Lynch, Chief Executive Officer, and Abhinav Singhvi, Chief Financial Officer, will review the quarterly results and major milestones. Investors are invited to join the webinar here Or One tap mobile: US: +13126266799,,82780365304# or +13462487799,,82780365304# Or Telephone: Dial(for higher quality, dial a number based on your current location): US: +1 312 626 6799 or +1 346 248 7799 or +1 646 558 8656 or +1 720 707 2699 or +1 253 215 8782 or +1 301 715 8592 Webinar ID: 827 8036 5304 International numbers available here. Audio Replay Options An audio replay of the event will be archived on the Investor Relations page of the company's website here About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statement This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

May 26, 2022 05:32 PM Eastern Daylight Time

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Legal & General Capital makes first U.S. investment, with seed capital for $4Bn platform to fund major life-science and technology assets across multiple regional U.S. markets

Legal & General

Legal & General Capital (LGC) today announced that it has formed a 50:50 partnership with U.S.-based real estate developer Ancora to create a real estate platform dedicated to driving life science, research and technology growth across the U.S. The deal will see Legal & General Capital investing an initial $500 million of seed capital to form a new company, Ancora L&G, LLC. Operating under the name Ancora, the business’ geographic focus will sit predominantly within emerging regional markets in the U.S. where early mover advantages are available. The new venture builds on the successful track record of Ancora’s team and the investing record of LGC in the UK, including over $5 billion currently committed to science and technology development projects at Oxford and Manchester universities. Ancora will be capitalized by LGC to deliver $4 billion (£3.2bn) of existing pipeline and planned acquisition and development activity over the next five years. To support future growth, LGC is seeking third party co-investment partners to accelerate scaling the portfolio. As with other LGC investments, LGC aims to finance longer term cashflows and use them to back Legal & General’s annuity business, providing better value for policyholders and greater options for investors. LGC has a strong track record of establishing and scaling up innovative businesses and has led the way in driving science and technology growth through its Bruntwood SciTech partnership, the UK’s leading developer of innovation districts. Bruntwood SciTech has quickly expanded over 11 UK locations, a model LGC will look to replicate across the U.S. Observed Laura Mason, CEO of Legal & General Capital, “Through our partnership with Ancora, we will be able to leverage Legal & General’s significant experience in the science and technology sector in a new international market with strong growth potential. Remaining committed to investing in the real economy to create a better society over the long term, for the first time we take this ethos to an international level beyond the UK’s town and city centers.” Legal & General Group currently manages over $1.8 trillion of assets globally and is increasing its presence in the U.S. for both equity and debt vehicles. Marking LGC’s first venture into the U.S., this partnership with Ancora forms an important part of its major growth strategy to deliver internationalization and attract third party capital. Notes Sir Nigel Wilson, Chief Executive of Legal & General Group, “While the U.S. is the world’s largest commercial real estate market, the lab real estate market in particular is one of the smallest sectors among other commercial U.S. asset classes. This lack of scale creates high barriers to entry for investors and has made it particularly challenging for tenants to grow due to scarcity of supply. LGC’s ability to access this opportunity via Ancora will set it apart from other sources of institutional capital seeking to participate in the market.” Ancora is a privately owned real estate firm based in Durham, North Carolina with team members in Baltimore, Boston, Chicago, Indianapolis, New York, and Washington, DC. The firm acquires and develops real estate to serve high-growth science, technology, and innovation tenants in partnership with and proximate to leading U.S. anchor institutions. Core to Ancora’s program-first approach is undertaking development activity in direct partnership with anchor institutions such as universities, academic medical centers, government, and research institutes with whom they have strong and long-lasting relationships. This unique approach in the U.S. market resonates with the way LGC has looked to deploy capital through leveraging strategic partnerships to invest in socially and economically useful developments around the globe. Ancora L&G, LLC will be led by Josh Parker as Chief Executive Officer, alongside John Philipchuck as Chief Investment Officer, Jeff Kingsbury as Chief Connectivity Officer and Nicole Morrill as Chief Real Estate Officer. LGIMA’s Kristina St.Charles will move across from LGIMA as General Counsel and Legal and General’s Sujee Rajah, FCA ICAEW, will move across to Ancora L&G, LLC as its new Chief Finance Officer. Having qualified with Deloitte’s Assurance department, he has held various senior roles within the Legal & General Group, most recently as Group Investor Relations director. As part of its growth ambitions, Ancora will work closely with Legal & General Investment Management (LGIM) and its global client base as LGIM continues to expand its Real Assets expertise into the US market. Josh Parker, Chairman and CEO of Ancora L&G, noted, "Ancora's ability to deliver Real Estate for What’s Next that serves the needs of our anchor institution partners will be accelerated by this new venture with Legal & General. We can meet any anchor institution requirement with an experienced team and strong capital base aligned with the timelines and aspirations of universities, academic medical centers, government, and research centers.” He added, “Our team is excited to leverage the deep capital base of Legal & General and third-party clients to offer new investment options for our university partners, and we are eager to deliver activated districts of research and innovation that will enhance local economies across the United States. " At its Capital Markets Event at the end of last year, LGC set out plans to generate up to £600 million in profit from alternative assets by 2025, growing its alternative asset portfolio to £5 billion and generating returns of around 10 to 12 percent per annum, across its key focus areas of housing, small and medium-enterprise finance, specialist commercial real estate and clean energy. It is now looking at each of these sectors as part of its U.S. expansion. Laura Mason observed, “We see a strong alignment between our business strategy and Ancora’s strategy, with a commitment to investing long term in high-growth sectors and leveraging strategic partnerships to attract third party co-investment. As we look to grow our business at scale, we have major growth plans both in the UK and internationally, and this is just the start.” Notes to editors About Legal & General Capital Legal & General Capital (LGC) is Legal & General Group’s alternative asset platform, creating assets for Legal & General Retirement and third-party clients in order to achieve improved risk-adjusted returns for our shareholders. LGC has built its market leading capabilities in a range of alternative assets, delivering depth of resource, track record and intellectual property. Investing in the real economy and creating alternative assets that deliver a tangible societal impact, its purpose is to invest society’s capital for society’s benefit. LGC’s investments have been vertically integrated and include residential property, specialist commercial real estate, clean energy, alternative credit, and venture capital. As LGC’s capability to create alternative assets continues to grow, it will not only continue to grow its balance sheet of alternative assets but also create alternative assets for third party investors. Many of these investors have the same aims, namely to create assets to back pensions with an improved yield or to create assets with strong growth prospects but with low correlation to equities. L&G has invested around £30 billion (about $37 million) in levelling-up regional UK economies, including through major regeneration projects in Cardiff, Newcastle and Salford. Legal & General recently made a commitment to enable all new homes across its portfolio to operate at net zero carbon emissions by 2030, including Legal & General Modular Homes, CALA Group, Legal & General Affordable Homes, Build to Rent and Later Living. The company has strong track record of investing in technology and life sciences with its Bruntwood SciTech venture, the UK’s leading developer of innovation districts, creating the specialist environments and innovation ecosystems for science and technology businesses to form, scale and grow. A 50:50 joint venture between Bruntwood and Legal & General, Bruntwood SciTech provides high quality office and laboratory space and tailored business support, offering unrivaled access to finance, talent and markets, an extensive clinical, academic and public partner network, and a sector-specialist community of over 500 companies. Bruntwood SciTech has unique experience in creating and developing strategic partnerships with UK regional cities, universities, and NHS Trusts to drive economic growth through investment in science and technology infrastructure. Valued at over £600m ($750.4m), Bruntwood SciTech has now expanded over 11 UK locations with a portfolio of over 2.4m sqft including: - Alderley Park in Cheshire, the UK’s latest single-site science park and home to Cancer Research UK, Catapult and Evotec - £162.9m ($203.6m) - Melbourn Science Park in Cambridge - £52.8m ($66m) - Platform in Leeds - £44.8m ($56m) - Innovation Birmingham - £29.2m ($36.5m) - Manchester Science Park - £73.9m ($92.3m) - Citylabs 1.0 & 2.0 part of the Manchester University NHS Foundation Trust (MFT) campus - £78.5m ($98.1m) - Circle Square Manchester - £205.7m ($257.1m) It has a further development pipeline of 5m sqft, which includes $260m Birmingham Health Innovation Campus, $1.8bn ID Manchester and $37m Glasgow’s Met Tower. Ancora Founded in 2019 by Josh Parker, with co-founders John Philipchuck and Jeff Kingsbury, Ancora is a privately owned real estate firm based in Durham, North Carolina with team members in Baltimore, Boston, Chicago, Indianapolis, New York, and Washington, DC. The firm acquires and develops real estate to serve high-growth science, technology, and innovation tenants in partnership with and proximate to leading U.S. anchor institutions. Core to Ancora’s program-first approach is to undertake development activity in direct partnership with anchor institutions such as universities, academic medical centers, government, and research institutes with whom they have strong and long-lasting relationships. About Legal & General Group Established in 1836, Legal & General is one of the UK’s leading financial services groups and a major global investor, with international businesses in the U.S., Europe, Middle East and Asia. With over $1.4 trillion in total assets under management, Legal & General is the UK’s largest investment manager for corporate pension schemes and a UK market leader in pension risk transfer, life insurance, workplace pensions and retirement income. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.legalandgeneralgroup.com/

May 25, 2022 08:00 AM Eastern Daylight Time