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Universal Media Announces AI-Powered Universal Streams Platform

Universal Media Group, Inc.

Universal Media Group Inc. (OTC: UMGP) ("UMGP"), an emerging producer and distributor of short and long-form celebrity-based reality content, is pleased to announce the ongoing development of its new streaming platform, “Universal Streams.” In a groundbreaking move for the entertainment industry, the tool will be a state-of-the-art AI-based SVOD (Subscription Video on Demand) platform. The introduction of AI technology into the realm of SVOD platforms represents a significant leap forward in the quest to enhance the user and creator's experience. Universal Media Group wants to use the power of AI to bridge the gap between creators and viewers. Universal Streams is designed to understand and adapt to individual user preferences, providing personalized recommendations and content suggestions. By leveraging the power of artificial intelligence, the platform aims to offer a more tailored and engaging viewing experience for each user. It is determined to provide advanced Universal Streams Studio tools to help creators from ideation to distribution. Universal Streams has a creator-focused business model and has removed many barriers creators face when producing and monetizing their content. We are very excited to have teamed up with one of the industry's most innovative technology partners to build and support Universal Streams. Our team has also expanded to include industry professionals with decades of experience, including with Disney, MGM, Sony, and Paramount. Our expanding team enables us to expand our reach and partner with some of the industry giants providing added value for our productions as well as those by our independent creators. More details regarding our growing distribution network will follow. Currently listed on the OTC Pink Market (UMGP), Universal Media is in the process of up-listing to the OTCQB. This is in anticipation of our submittal of a listing application to the NASDAQ by the end of our 2023-2024 fiscal year. More to follow. About Universal Media Group Universal Media Group (UMGP) is a publicly traded Digital Media Production company. Universal creates an eclectic array of content, including national television network celebrity programming, streaming financial news, and opinion shows. The company will continue to pursue strategic business investments, partnerships, and acquisitions that will ultimately increase profitability and expand the company's reach, focus, and portfolio of business assets. For further information, visit: https://UMGP.com Media Details: Company Name: Universal Media Group Contact Phone Number: 561.908.3333 Contact Email Address: ms@umediagroupinc.com Address: 1199 S Federal Hwy, Suite 111, Boca Raton, Fl 33432 Safe Harbor Statement: This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements as predictions, projections, or references to future events, expectations, possibilities, or similar. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. Although the Company believes the expectations reflected in our forward-looking statements are based on reasonable assumptions, the Company cannot give any assurance that its expectations will be attained due to several variable factors. Factors or events that could cause results to differ may emerge, and the Company can't predict all of them. Some of these risks and uncertainties include but are not limited to general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, customer order patterns, changes in consumer trends, and various other factors beyond the Company’s control. Although the Company intends to provide public updates, it undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law. Contact Details Universal Media Group ms@umediagroupinc.com Company Website https://umgp.com/

May 31, 2023 08:00 AM Eastern Daylight Time

Multnomah County Partners with Comcast to Announce $4 Million in Grant Packages to Local Small Businesses

Comcast Washington

Today, Comcast announced it will award grant packages to 100 small businesses in Multnomah County including those owned by women, people of color, and individuals committed to uplifting their local communities. Expanding on the foundational work by Multnomah County to provide relief funds to small businesses impacted by the COVID-19 pandemic, Comcast will award grant packages valued at $40,000 to 100 small business owners. The grant package will include business consultation services, educational resources, a monetary grant, creative production, a media schedule, and a technology makeover. From June 1-30, eligible small businesses in Multnomah County can apply for the Comcast RISE program at www.ComcastRISE.com. Winners will be notified in August. Local small businesses seeking more information about the Comcast RISE grants, may learn more about the fund, eligibility requirements, and how to apply by watching this video. Multnomah County is one of five metropolitan areas selected to award the grant package to 100 local businesses, including Baltimore, Detroit, Memphis, and Philadelphia. These recipients join the 13,000 entrepreneurs nationwide who have been selected as Comcast RISE awardees since the program launch in late 2020. “Among the many things we all love about the Portland Metro area is our vibrant small businesses and Comcast is committed to supporting them,” said Marion Haynes, vice president of external affairs, Comcast Pacific Northwest Region. “Unprecedented challenges are facing these small businesses, especially those owned by women and people of color, which are at greater risk in today’s uncertain economy with inflation and rising costs. That is why we encourage small business owners to apply for the Comcast RISE program. The grant may cover any need to help your business survive and thrive.” “Beyond the many things that make Portland so special is our small business community,” said Andrew Hoan, president and CEO of the Portland Business Alliance. “Comcast RISE is a great opportunity for small business owners who want to invest in themselves and create a more dynamic city. We're proud to partner with Comcast to promote this program and encourage all small businesses in Multnomah County to apply.” "Hacienda supports entrepreneurs year-round with technical assistance and connection to resources as they work to start or grow their businesses,” said Ernesto Fonseca, CEO of Hacienda CDC. “We are thrilled to partner with Comcast to help spread the word about Comcast RISE and make sure small businesses know about this opportunity and submit an application." “APANO is excited to participate in this year’s RISE! We would like to express our thanks to Comcast for investing in small businesses and entrepreneurs,” said Duncan Hwang, Community Development Director at APANO. “These small businesses—especially those owned and run by Asian American, Native Hawaiian, and Pacific Islander Oregonians—are the backbone of our community. Over the last few years, too many have been impacted by both the pandemic and hate and bias incidents. This opportunity will support them in coming back stronger than ever.” Comcast RISE stands for Representation, Investment, Strength and Empowerment. Comcast RISE was created in November 2020 to help small businesses hardest hit by COVID-19, from bakeries and barber shops to childcare centers and cleaning services, the grants needed to survive and recover. The program will evolve from helping businesses survive the pandemic, to helping businesses and their communities thrive with a focus on economic growth. All eligible applicants will receive a monthly Comcast RISE newsletter with educational content, and all small business owners can visit the Comcast RISE destination on the X1 platform featuring aggregated small business news, tips, insights, and more. Just say “Comcast RISE” into the X1 voice remote. Comcast RISE is part of Project UP, the company’s comprehensive initiative to advance digital equity and help build a future of unlimited possibilities. More information on eligibility requirements and how to apply for the grant program are available at www.ComcastRISE.com. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Rachael Arnold Rachael_Arnold@Comcast.com Company Website https://oregon.comcast.com/

May 30, 2023 01:23 PM Pacific Daylight Time

William Shatner and HearingLife Team Up to Spread Awareness about the Importance of Hearing Care in the US

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/CqMCndmTOfg Would it surprise you to know that hearing loss in the U.S. is expected to double to 73M by 2060?* Hearing loss can prevent a life well-lived and cause some to miss out on meaningful connections. Even so, it takes people seven years from the time they suspect they might have hearing loss to the time they seek treatment. But no one should ever feel that hearing loss is something to be ashamed of. Proactive health habits such as hearing care are so important to living a long and healthy life. Hollywood legend and HearingLife spokesperson, William Shatner, has lived a full, adventurous life, from traveling to space to acting on the big screen. But what many might not realize is he is also living with tinnitus! William Shatner has teamed up with the leading hearing care company to spread awareness about the importance of hearing care in the US. To stress the importance of proper hearing care, HearingLife is currently running its “Love Your Ears” give back campaign and is giving away free hearing aids to people in financial need who are struggling with hearing loss. For the opportunity to receive free hearing aids through “Love Your Ears,” anyone in the U.S. can submit their personal story to www.hearinglife.com/giveback, or nominate a loved one, explaining how receiving hearing aids could make a difference in the quality of their life. HearingLife offers brands with some of the highest rated technology on the market, including several award-winning options. Hearing aid technology has come such a long way to cater to the unique treatment needs of the individual. With so many options out there, it’s crucial for people to seek out professional care from an audiologist or licensed hearing aid specialist. HearingLife offers personalized care with a focus on the individual’s unique needs so that we can provide people with the most optimal solution for their lifestyle. HearingLife.com has plenty of resources available. For more information on the give back program to submit your story, go to www.hearinglife.com/giveback. *Source: https://jamanetwork.com/journals/jamaotolaryngology/article-abstract/2606784 Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 30, 2023 12:00 PM Eastern Daylight Time

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Livento Group (NUGN): BOXO Productions Acquires Movie and Video Games rights for $32.25 Million USD, bringing in a New Era of Entertainment Excellence

Livento Group

NuGene International, Inc./ Livento Group, Inc. (OTC: NUGN), is a dynamic group that specializes in acquiring and developing companies with disruptive business models. Livento’s focus in the last two years was to reengineer our business and business model. Livento has invested significant financial resources coupled with hiring and developing the team to deliver on these objectives. Investments in BOXO, our Movie development business plus acquisitions in software development through the acquisition of Novel-Ti and the pending IPO of GDL position us well moving forward. The BOXO Productions brand is Livento’s flagship business. The experience and potential in BOXO’s production team has unique access in the movie industry. The financials of the business model are incredibly powerful. Through diversification, fixed margins, and a share of box office revenue, this creates a strong foundation for BOXO growth. Today, BOXO has made one of most important steps in its history. BOXO has acquired assets worth $22,900,000 (twenty-two million nine hundred thousand USD) in Movies and $9,350,000 (nine million three hundred and fifty thousand USD) in related gaming and entertainment content. “This deal takes BOXO to the next level. We are pleased that our production team and industry contacts made this possible. After 4 (four) months of negotiations and various discussions with producers and counterparties, the BOXO movie content library will increase and include 44 movies titles in various stages. Investors should note that some titles are already complete therefore they are delivering revenue as well as movies to be further developed ‘packaged’ as well as filmed not released pieces. ‘Acquiring this content signifies that BOXO is becoming a recognized player in the industry,” said David Stybr, BOXO Productions CEO. The uniqueness of the deal is that BOXO has the right to the same percentage in the case that any sequel for the movies is created. This constitutes an additional bonus, as the potential for considerable revenue remains without further financial investment into the franchise. The acquisition is increasing BOXO assets by a multiple of 4 (four), bringing a total of 49 projects under the brand. BOXO plans to manage private content library funds. This very significant increase in assets under management will attract high net-worth and institutional investors and provide them with the confidence that we are a mature business with the experience to manage and develop large content libraries. BOXO will make publicly available the details about each of the projects with its development plans, expected revenues and description. The Video games are based on the movies we are acquiring. For example, one of the games is based on the movie titled ‘medieval’ which will be released on Mobile and PC. BOXO has acquired a percentage ownership in the following content: 7 finalized movies 6 television series 2 Documentaries 29 projects currently in production The full list will follow shortly after this release. The acquisition was paid through proceeds from real estate in amount of USD $7,250,000 and by shares issued at a price for 6.5 cents. Our partners believe that the Livento management team and BOXO is a strategic partner that has the right foundations and enroute to build a much larger movie and entertainment company. These shares are restricted for a period of 6 months. Our Partners who are now Investors and shareholders consider this a long-term investment and are fully aware of the company’s ambition to proceed and apply to up list to NASDAQ. Several videos showcasing some of the content can be seen here: Video 1 - Video 2 “The capital increase is a step forward for Livento’s plan to progress to NASDAQ. We have increased our yearly revenues by 80% and we anticipate a significant increase in our market valuation. Revenues from movies that have already been released will increase our revenue and cash flow, thereby enhancing our ability to invest in new projects” commented David Stybr About Livento Group, Inc. Livento Group (OTC: NUGN ) is focused on acquiring and developing companies with disruptive business models. The company recently launched BOXO Productions, a film and television production subsidiary led by a top actor and producers in the industry. For more information, visit www.liventogroup.com and www.boxoproductions.com. Safe Harbor Statement: This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements as predictions, projections, or references future events and expectations, possibilities or similar. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. Although the Company believes the expectations reflected in our forward-looking statements are based on reasonable assumptions, the Company is unable to give any assurance that its expectations will be attained due to several variable factors. Factors or events that could cause actual results to differ may emerge, and it is impossible for the Company to predict all of them. Some of these risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, in customer order patterns, changes in consumer trends, and various other factors beyond the Company's control. Although the Company intends to provide public updates, it undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. Contact: David Stybr, CEO Livento Group, Inc. ir@liventogroup.com Livento Group | LinkedIn | Twitter Boxo Productions | LinkedIn | Twitter | Instagram | Facebook Global Dot Logistics | LinkedIn | Twitter Contact Details Livento Group, Inc. ir@liventogroup.com

May 30, 2023 09:15 AM Eastern Daylight Time

NAVEX Announces AI-Powered Compliance Assistant

NAVEX Global

NAVEX, the leader in integrated risk and compliance management software, today announced NAVEX Compliance Assistant. The initial release of this new AI-powered functionality will offer instant answers to employee questions regarding company policies and procedures delivered in natural language. This functionality makes an organization’s compliance program more accessible and personal for all employees. As part of the NAVEX One GRC Information System, employees interact with NAVEX Compliance Assistant by asking it questions in their own words. The AI-powered Compliance Assistant then searches through a company’s policies and procedures to present a comprehensive answer to the employee’s inquiry. Compliance Assistant applies Large Language Model (LLM) technology to customer-controlled document sets for maximum relevance and accuracy. NAVEX’s secure cloud infrastructure protects document and data privacy. Rich NAVEX Integration Ensures Ease of Use and Data Security The AI-powered NAVEX Compliance Assistant is seamlessly integrated into NAVEX One People Hub, a unified, simplified way for employees to engage with the compliance program. Through People Hub, employees can conveniently report incidents, confirm policy adherence, complete training and disclose information within a user-friendly interface accessible on mobile devices. With the addition of Compliance Assistant, employees, and other authorized parties, can quickly clarify how to follow specific procedures and policies that apply to them. NAVEX Compliance Assistant offers a range of features tailored to meet the needs of organizations of all sizes, including: Intuitive chat interface: Employees can query the system with natural language questions about a policy or procedure of interest and receive prompt, accurate responses. Multilingual access: Users can ask questions and receive answers in 70 languages. Find relevant policies: Employees can easily search for and access relevant, verified policies and procedures, eliminating time-consuming manual searches or the need to reach out across departments to source an answer. Responsive access anywhere: NAVEX Compliance Assistant is accessible via the web and mobile devices, helping employees access critical compliance information from anywhere. Uncompromising privacy and security: NAVEX is committed to safeguarding all data within the systems it manages, including policy and procedure information and employee queries through Compliance Assistant. “Successful organizations turn governance, risk and compliance management into a competitive advantage. It helps prevent mistakes, motivate employees, and promotes confident decision-making,” said Sean Thompson, Chief Executive Officer at NAVEX. “In my years of experience with natural language user interface technology, incorporating it into a GRC program is one of the most exciting applications. Our new AI-enabled Compliance Assistant makes engaging with the compliance program simpler and more intuitive, which in turn makes employees more confident users of the system.” Expert point of view The adoption of AI-powered technologies to facilitate access to compliance-related information can bring great benefits. “Giving employees the ability to quickly and accurately access company policies and procedures fosters a culture of trust and safety with regards to risk mitigation. It also makes the whole process more efficient," said Darren Bradshaw, Chief Audit and Compliance Officer of Stellantis, a multinational automotive company on a journey of transformation into a sustainable mobility tech organization. Stellantis, as a customer of some NAVEX applications, plans to partner with the company to test the usability of this new application. To learn more about the AI-powered NAVEX Compliance Assistant, visit https://www.navex.com/en-us/products/navex-ethics-compliance/ai-employee-compliance-assistant/. Or, read our blog, “ Artificial Intelligence – The Next Frontier of GRC Management ” 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 Scott Levesque +1 617-388-5773 scott.levesque@navex.com Company Website https://www.navex.com

May 30, 2023 08:30 AM Eastern Daylight Time

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News Release

Wishpond seeing strong growth as company reports 38% increase in revenue year over year

Wishpond Technologies Ltd.

Wishpond Technologies CEO Ali Tajskandar and chief financial officer David Pais joined Steve Darling from Proactive to share its 1Q 2023 financial numbers that showed 38% year-over-year revenue growth to $5.6 million. Pais also told Proactive gross profit saw a 45% increase, with a gross margin percentage of 66%, and positive adjusted EBITDA showing an increase of 147%. Tajskandar telling Proactive growth was driven organically from stronger product demand, an increase in sales and marketing activities, and new product introductions. The company currently has $1.9 million in cash and no debt and plans to look at building its acquisition pipeline. Contact Details Proactive Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

May 29, 2023 01:36 PM Eastern Daylight Time

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Kidoz CEO Jason Williams reveals 1Q results and promising outlook for 2023

Kidoz Inc.

Kidoz Inc CEO Jason Williams joined Steve Darling from Proactive to discuss the company's first-quarter numbers, acknowledging a 27% decline due to a dip in the wider advertising market. However, he expressed optimism as the company is already experiencing a bounce back in 2Q, with positive engagement and the introduction of new technology and features. Williams telling Proactive the company is excited about the year ahead with upcoming brand deals, including partnerships with popular brands like Lego, as well as advancements in the install business and a focus on expanding into the family market. He emphasized Kidoz's strong position, technological excellence, and increasing partnerships, projecting strong revenue growth not only for 2023 but also in the years ahead. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

May 29, 2023 01:17 PM Eastern Daylight Time

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Laos Government to Promote Digital Transformation with Blockchain Technology

MetaBank

The Laotian government and blockchain experts held the first Ministerial Conference on Blockchain 4.0 Digital Transformation on May 26, 2023, at the National Convention Center in Vientiane, the capital of Laos. The conference, chaired by Laotian Prime Minister Sonexay Siphandone, was attended by leaders from the main economic departments. The meeting primarily discussed how to advance the digital transformation of Laos using digital technology, and for the first time, presented the theory of Blockchain 4.0 to the world, advocating for open collaboration and global co-construction, and boosting Laos' potential to be a builder and beneficiary of the global digital world order through national digital operations. Prime Minister Sonexay Siphandone stated that in order to achieve the ninth five-year plan for national economic and social development, Laos must vigorously develop and utilize blockchain technology to digitize various government tasks and apply it extensively to administrative management and public services. The Laotian Minister of Technology, Boveingkham Vongdara, said that Laos faces opportunities and challenges brought about by Industry 4.0 and needs to use blockchain technology to transform production and service methods. To promote the digital transformation of Laos, the Ministry of Technology has signed a cooperation agreement with Singapore's MetaBank, planning to establish a blockchain technology research and development center and develop talents. The conference set goals for Laos's digital economy development, including utilizing digital technology to create new fiscal revenue, increase foreign exchange reserves, reduce inflation, achieve sustainable economic growth, improve living standards, and enhance international competitiveness in the short term. The meeting also proposed the establishment of a Blockchain Technology Transformation Committee, responsible for the legal compliance and legislation related to the digital economy. Experts attending the meeting stated that blockchain technology could help developing countries achieve "leapfrog development". Building a digital nation is divided into four stages: deploying digital infrastructure, deploying cybersecurity infrastructure, supporting the digitalization of various industries, and building a "digital brain". Developing countries should focus on open collaboration, use borderless blockchain technology to attract talents, and create "netizen citizens". Professor Bill Roscoe shared his perspective, asserting that blockchain technology serves as the driving force propelling us towards a digital civilization. How can ordinary people accept or understand the digital world? It needs to be promoted through the introduction of products and services. Specifically, a controllable platform is needed to ensure that citizens, enterprises, and the government abide by laws and regulations. Blockchain can establish a very effective platform and achieve the best balance and integration between different applications and jurisdictions through the integration of new languages and technologies. "Digital civilization is the inevitable path for the future development of society, and blockchain will become the 'cornerstone' of building digital civilization." MetaBank's founder and chairman, Frank Sui, believes that blockchain technology can help developing countries "overtake on a bend". MetaBank's mission is to serve as the leading solution partner for developing countries using blockchain technology, accelerating the transformation of developing countries towards digital civilization, improving the GDP and living standards of developing countries, and building a digital civilization on the three main pillars of digital financial infrastructure, digital asset tokenization platform, and digital society. Blockchain expert Zhu Jiawei believes that the construction of a digital nation has entered the fourth stage. Developing countries should focus on open collaboration, use universal borderless technology, attract technical talents, and create "netizen citizens". When Zhu Jiawei attended the Blockchain 4.0 Conference, he discussed the construction path of a digital nation, which is divided into four levels: (1) deploying digital science and technology infrastructure, (2) deploying physical and cybersecurity facilities to safeguard the development of the digital economy, (3) supporting the digitalization of various industries to keep up with the pace of the times, (4) building a digital brain through artificial intelligence technology to realize intelligent management from cities to national level. D11 Labs co-founder Lily Zhang believes the world is in the midst of the fourth open revolution, with openness, co-construction, sharing, prosperity, and new order as keywords. Laos can use blockchain technology to gain a development advantage and achieve leapfrog development. Laos should become the first country in the world to fully transform digitally, redefine its role in the global order, gain order-setting advantages, and help improve the lives of the Laotian people. The Lao government is determined to transform through blockchain technology, demonstrating the importance of the digital economy. This conference reflects the foresight and determination of the Lao government in the development of the digital economy. The government will play a key leadership role, establish a national digital transformation committee, and promote and supervise the implementation of related policies. Laos welcomes all sectors to participate in the development of the digital economy. In the future, Laos will become a model of blockchain technology application, leading the development of the new digital society. Contact Details Jasmine +65 8302 6504 jasmine@dethings.com Company Website https://www.metabank.com.sg/

May 29, 2023 06:00 AM Eastern Daylight Time

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UAT Group Strategic Partner Next Casting Receives Patent

Umbra Applied Technologies Group, Inc.

Umbra Applied Technologies Group, Inc. (UAT Group) (OTC: UATG ) - UAT Group strategic partner Next Casting Technologies has been issued a patent for technology it developed for use in its advanced SmartCast, IntelliBrace and BioSplint products. Filed in December of 2017, this patent was one of four patents that had been pending. The Company anticipates remaining patents being approved over the next ten to twelve months. Next Casting Technologies (NCT) has begun the process of commercializing proprietary technologies which will positively impact people’s lives and increase value through a unique and diverse product line. The SmartCast Application allows the casting technician to slip the SmartCast around the affected limb and position to ﬁt by using a simple “mold and hold” technique. Lastly, the cast is activated by pressing the button to initiate the curing process. Within 4 minutes that cast is hardened, fixed in place and is not dependent on the technician’s artistry, or lack thereof. The results are a predictable standard of care across the patient spectrum. The end result is a completely waterproof, antimicrobial, orthopedic cast, that is time saving for clinicians and a superior standard of care for patients. UAT Group’s Chief Executive Officer Alex Umbra, stated, “This marks a significant step forward for NCT. Having the appropriate measures in place to protect intellectual property enables the Company to begin evaluating production schedules, supply chain resources and fulfillment execution strategies. I look forward to working with the NCT team in the near-term future as they begin their ramp up.” UAT Group has a 26% equity interest in NCT. For more information about NextCast go here: https://nextorthocast.com/ For more information about UAT go here: http://umbraappliedtechnologies.com/ About Umbra Applied Technologies Group, Inc. The firm is located in Tampa, Florida and focuses on advanced technologies across many disciplines. UAT Group is a holding company with interests in both public and private companies during the early stages of development as well as growth stages of companies with a synergistic business model to UAT Group subsidiaries. For more information, visit: www.uatgroup.com Investor and Media Contact: info@uatgroup.com NEITHER THE SECURITIES EXCHANGE COMMISSION NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. Forward-Looking Information This news release may include "forward-looking statements" including forecasts, estimates, expectations, and objectives for future operations including but not limited to its ability to conclude a business combination with a third party, sale of assets, return of capital or initial public offering and a secondary listing on the OTC as a result of aforementioned and its ability to fund the exploration of its assets through the raising of equity or debt capital or through funding by a joint venture partner that are subject to a number of assumptions, risks, and uncertainties, many of which are beyond the control of Umbra Applied Technologies Group including but not limited to capital markets and securities risks and continued development success on technology. There can be and are no actual or implied guarantees that any of the above activities will be completed or completed on terms acceptable to the Company and its shareholders or approved by any regulatory authority having jurisdiction. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially. Umbra Applied Technologies Group does not assume the obligation to update any forward-looking statement, except as required by applicable law. Contact Details UAT Group info@uatgroup.com

May 26, 2023 08:00 AM Eastern Daylight Time

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