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Boston Lager Remastered

YourUpdateTV

The beer that made Samuel Adams…just got better. Driven by its relentless pursuit of better beer, Samuel Adams is remastering its flagship Boston Lager to match the preferences of today’s beer lovers. Recently, Jim Koch, Founder and Brewer of Samuel Adams, participated in a nationwide satellite media tour to discuss the history of Samuel Adams and what led them to remaster the classic lager. A video accompanying this announcement is available at: https://youtu.be/uB1TIHD2uh8 For nearly 40 years, Boston Lager has been the flagship beer of Samuel Adams; it represents the heartbeat of the Samuel Adams brand and helped lead the American craft beer revolution, igniting a passion for full-flavored brews. Since 1984, Samuel Adams Boston Lager has used the world’s finest hand-selected ingredients to create a perfectly balanced and complex original brew. So, why change a classic? The recipe hasn’t changed. Boston Lager Remastered still uses Koch’s great-great grandfather’s mid-19th century original recipe but has evolved the process to reduce filtration, incorporating a traditional German practice of biological acidification while dropping the roughness from the husks of the barley. The result is a brighter, easier-drinking beer that leaves a little more sparkle in every glass. Boston Lager Remastered is easier-drinking and more refreshing than ever before. Its classic complex-yet-balanced flavor profile features a backbone of caramel and toffee malt notes and a distinct noble hop character with hints of pine and citrus for a crisp finish. Samuel Adams Boston Lager has used the world’s finest hand-selected ingredients to create a perfectly balanced and complex brew – and that has never changed. To this day, Jim still tastes each batch of Boston Lager to ensure it reaches the brand’s high-quality standards. When drinkers pick up a Boston Lager, they know they’re going to rediscover the elegance of lager and experience a rich, delicious full-flavored beer. Jim Koch says there’s a perfect Boston Lager out there, Samuel Adams just hasn’t made it yet. Until then, the brand will continue chasing perfection in a glass of beer. For more information, visit samueladams.com Jim Koch, Founder & Brewer of Samuel Adams Jim Koch, founder and brewer of Samuel Adams, is passionate about brewing craft beer. As a sixth-generation brewer, beer runs in his blood but the brewing business was bleak when Jim wanted to start his brewery. He attended Harvard and earned an undergraduate degree and advanced degrees in Business and Law, taught adventure skills for Outward Bound and worked for Boston Consulting Group, counseling corporations while also learning from them. In 1984, Jim decided to pursue his dream. Following family tradition, he brewed his great-great grandfather’s lager recipe. Brewing the first batch in his kitchen, he named the beer Samuel Adams Boston Lager. Unbeknownst to Jim, Samuel Adams Boston Lager would soon become a catalyst of the American craft beer revolution and serve as the flagship brand in Boston Beer Company’s portfolio which also includes Twisted Tea, Angry Orchard and Truly. In 2019, Dogfish Head Craft Brewery joined the Boston Beer Company, reinforcing Jim and the company’s craft credentials and ongoing commitment to growing the category. Jim relentlessly focuses on brewing the best craft beer possible with an obsessive eye on quality and flavor. Looking to push the brewing envelope, he pioneered the “extreme beer” movement, challenging drinker's perception of beer with complex, barrel-aged brews like Samuel Adams Triple Bock and Utopias, a beer of great unprecedented flavor and alcohol content. Over the past 38 years, Samuel Adams has become one of America’s largest craft breweries but still only accounts for a fraction of the category. As the industry evolves, beer remains the backbone of the Boston Beer Company, and Jim continues to pour the same passion and commitment into each innovation as he does Samuel Adams Boston Lager. Jim is also the author of the National Best-Selling book, Quench Your Own Thirst: Business Lessons Learned Over a Beer or Two. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

March 03, 2023 11:36 AM Eastern Standard Time

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TOCCA Life Holdings Inc makes strategic acquisition of Be Climbing Inc, a growing real estate and indoor rock climbing sports complex developer

TOCCA Life Holdings, Inc.

TOCCA Life Holdings, Inc. (OTC: TLIF ) (“TLIF” or the “Company”) announced today that the Company recently acquired Be Climbing Inc. of Winter Park, FL. Be Climbing recently announced that the Company will be opening its first world-class indoor rock climbing gym just outside downtown Orlando, FL on a 7.02 acre property it acquired in the ever expanding city of Apopka, FL. The indoor rock climbing industry is exploding with growth after the sport made its first debut in the 2020 Tokyo Olympic Games, which took place in 2021 due to the pandemic. Rock Climbing has now officially been added as an Olympic sport and will be part of the program in both the upcoming Paris 2024 and Los Angeles 2028 Olympic Games. By way of comparison, Top Golf launched its first location by tracking golf balls and grew to become an international sports entertainment company. Be Climbing with development of its first location is focused on drawing inspiration from the Top Golf business model with a focus on the family oriented fun and family-focused activities centered around the indoor rock climbing sport and entertainment industry. Top Golf was acquired in 2021 for $2.6 billion by Callaway which has rebranded the company under the name Topgolf Callaway Brands Corp. (NYSE: MODG). In much the same way that Callaway’s strategy is to make golf accessible to a broader population that might otherwise not have the time, money, or access to traditional golf; Be Climbing seeks to make the sport of rock climbing accessible to a broader audience with indoor rock climbing facilities. The sport of outdoor rock climbing became very famous to a broader audience in recent years with the release of such movies as Free Solo, The Dawn Wall and Meru. Be Climbing is well underway in the development process of the highly desirable 7 acre Apopka, FL location, having acquired the property in March 2022. The Company presently is in the site plan review and approval process with the required city and county governmental agencies. The Company’s Apopka, FL project was recently featured Central Florida’s Growth Spotter publication. Stephen Carnes, President and CEO of TLIF, stated, “I am very pleased with today’s announcement and to bring Be Climbing Inc. public through TOCCA Life’s acquisition. I launched Be Climbing Inc. as a private company in 2021 in order to lay the groundwork and get much of the long drawn out processes in place and completed prior to bringing the company public. The months ahead will be very exciting, and I am happy to now have Be Climbing public through TLIF.” Carnes continued, “Be Climbing has already raised nearly $3 million in private transactions and owns outright the 7 acre property in Apopka. The Company additionally owns, free and clear without mortgage, two locally located income producing rental properties, so the Company has both revenues and assets. We will be seeking to have the Shell Status designation removed given today’s announcement of the Be Climbing acquisition. I look forward to providing additional details about Be Climbing in the near future.” Follow TOCCA Life Holdings, Inc. on Twitter at: @Tocca_Life Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a few uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events or otherwise. CONTACT: Steve Carnes 407-674-9444 Contact Details Stephen Carnes +1 407-674-9444

March 03, 2023 11:05 AM Eastern Standard Time

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This Franchising Company Reports Offering Its Franchisees A Low-Cost, High-Return Business Opportunity – And It’s Now Taking Investments From The Public

ACFN Franchised Inc.

By David Willey, Benzinga Learn more about investment opportunities with ACFN here. ACFN Franchise Inc. is a leading Automated Teller Machine (ATM) provider. It is also North America’s only ATM franchise business and it is taking advantage of the passive investment this model enables. The company is currently running a round of investment to raise funds for scaling the business and pushing growth in 2023. People turn to passive income investments because they can generate income without needing constant attention, unlike active daily employment. Franchises are frequently chosen as a means of creating passive income streams, as franchises come with a brand and business model already established. However, not all franchises are created equal, and some can be less labor-intensive and require less maintenance than others. Investing in ATMs can open multiple opportunities for passive income, as ATMs offer real asset ownership as well as a consistent cash flow. Many business owners choose to install an ATM on their property to meet customer needs and because they make money on every transaction through ATM fees. Despite the popular perception that the economy is moving past the need for cash, ATMs are still widely used across the country. The global ATM market is worth $22 billion, and ATMs get used over 10 billion times every year in the United States. ACFN is one company capitalizing on the continued convenience offered by ATMs, as well as by the interest franchisers have in low-maintenance investments that generate passive income. ACFN’s Franchise Model ACFN is an ATM service provider that offers full ATM services, including installation, ongoing maintenance, and customer support. Founded in 1996 and franchised 2003, the company has dispensed over $5 billion at more than 2,800 locations across America. It is also the largest provider of ATM machines to hotels across the country, supplying 1,800 hotels from major chains like the Ritz-Carlton Hotel Company, Marriott (NASDAQ: MAR), and IHG Hotels and Resorts (NYSE: IHG). In the past year alone, ACFN’s ATMs have dispensed over $360 million and generated $14 million in revenue. ACFN is unique because, as well as being an ATM service provider, it offers a franchising model. It is the only ATM franchise business in North America, and it has been named Top Low-Cost Franchise as well as being ranked in the Franchise 500 listing. The company has been franchising since 2003 and currently has over 230 franchise partners. ACFN franchisees are given a turnkey ATM business and lots of support getting set up, with one franchise directory describing ACFN as a low-cost, high-return franchise investment opportunity. ACFN provides mentoring sessions that instruct franchisees on how to succeed using the model, and gives the franchisees marketing materials, support for ATM installations and ongoing access to national databases for leads. According to ACFN, each ATM only requires a few minutes of maintenance every week, and it won’t require hiring any additional employees, making an ACFN franchise streamlined and easy to keep up. The company is currently taking a round of investing, and it plans to conduct strategic acquisitions of its competitors in 2023 to accelerate company growth. Want to invest? ACFN is taking investments right now! You can also visit its website to learn more about ACFN’s ATM service and franchise business. This article was originally published on Benzinga here. Founded in 1996 and franchised in 2003, ACFN Franchised Inc. (“ACFN”) provides services to 2,700+ businesses in 46 states in collaboration with our network of 220+ franchise owners.Since inception, ACFN has provided a cumulative $5,000,000,000 of spending power to support and increase sales for our partner businesses. In just the last 12 months a total of $367,566,000 was dispensed through our network, generating more than $14,500,000 in fee revenue for ACFN. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Jeffrey Kerr Investor-Relations@acfn-solutions.com Company Website https://acfn-solutions.com/

March 03, 2023 09:15 AM Eastern Standard Time

‘COFFEE WARS’, AN IMPACT COMEDY STARRING KATE NASH, TO BE RELEASED MARCH 2023 WITH ALL PROCEEDS GOING TO ENVIRONMENTAL & ANIMAL WELFARE CHARITIES

COFFEE WARS

COFFEE WARS, a comedy feature film that shares a powerful message about embracing a dairy-free future to improve health of the planet while bringing attention to veganism, ethical consumerism, and female entrepreneurship, will be released in March 2023 on iTunes, Amazon, and Google Play. The film stars vegan actress, feminist activist, and singer-songwriter, Kate Nash ( Powder Room, GLOW ), Derry Girls star Saoirse-Monica Jackson ( Finding You, The Flash ), British actor Toby Sebastian ( Game of Thrones, The Music of Silence), and Welsh phenom Owain Arthur (Amazon’s Power of the Rings). VegGood Films has shared that 100% of all proceeds from the film will be donated to environmental and animal welfare charities. COFFEE WARS uses the lens of comedy to shine a light on the devastating environmental impacts of dairy products and elevate plant-based alternatives as tasty, more sustainable substitutions worthy of award-winning lattes. “COFFEE WARS brings pressing issues to a global audience in a laugh-out-loud comedic way,” said Kate Nash. “It invites viewers to challenge their beliefs about what it means to be an ethical consumer and the overall environmental impacts of their purchases.” COFFEE WARS follows coffee aficionado Jo (Kate Nash), who is doing her best to stay afloat running her own coffee shop alongside a band of unpredictable colleagues, while nothing seems to be going her way. She can make a latte better than anyone, but her customers have trouble getting past one thing: her coffee shop is vegan. Drowning in debt and with everything on the line, Jo and her team of misfits gear up as the underdogs for the World Barista Championships, where she'll face her "full fat full cream" archrival Rudy (Toby Sebastian). Jo will finally have a chance to prove herself in the dairy-dominated world of coffee, and, most importantly, win a big cash prize. The donation of the film’s proceeds will be made through Foam Capital Charitable Trust, which represents the film’s financiers. “Our society simply cannot continue to consume planet-crippling dairy products, especially as plant-based alternatives, such as the ones featured in our film, are readily available, healthy for our bodies and the planet and, most importantly, delicious,” said Executive Producer Jay Karandikar of VegGood Films. “We are 100% committed to this cause and are proud that our film’s proceeds will support organizations that are working to ensure the health and sustainability of the planet.” For more information on the film, visit coffeewarsfilm.com or follow @coffeewarsfilm on Instagram, TikTok, and Facebook. ### ABOUT VEGGOOD FILMS VegGood Films was formed by impact investors and purpose-driven optimists whose shared mission is to realize a more sustainable and humane world. Led by the investors behind VegInvest and New Crop Capital and fueled by the hope that entertainment and art can facilitate sustainable behavioral change around the world, VegGood Films is dedicated to producing quality films that can entertain and inspire. To learn more visit veggoodfilms.com. FILM ASSETS FOR MEDIA USE All press assets Official Trailer via YouTube Contact Details Jive PR + Digital Lynsey Gray +1 250-505-6434 lgray@jiveprdigital.com Company Website https://www.coffeewarsfilm.com/

March 02, 2023 08:00 AM Pacific Standard Time

What Do A Birkin Bag and Bottle of Burgundy Have in Common? Spoiler: Market Beating Returns.

Vint

By David Butler In the world of fashion, one bag reigns supreme and leaves celebrities and the ultra rich fighting amongst each other for positioning and the opportunity to own one. The bag is known simply as a “Birkin'', and since its inception in 1984 this bag has experienced a meteoric rise to its current place in the fashion world. Originally sketched on a napkin during a flight from London to Paris, Jane Birkin probably never anticipated that her bags would one day start at prices of $10K USD, and be selling at auction for upwards of $380K. Accounting for inflation, one study that looked at the bags as an investment showed that they appreciated at a rate of 14.2% annually over a 35 year period, besting the S&P 500 which came in at 8.7%. These bags are so coveted, that they’ve become more than just fashion. They’ve become an investment. The same can be said of Burgundy wines. Located in the Eastern part of France, Burgundies have long been known for their complexity, elegance, and depth of flavor. Now, they’re also known for their remarkable prices. The Burgundy 150 Index (used by the London International Vintners Exchange, or Liv-ex, as a way to track performance) has gained a remarkable 105.6% over the last five years (ended January 23rd) compared to 44.4% for the S&P 500 over the same time frame. Like the Birkin is to fashion, the world of wine has a few producers that are so sought after that most of us will never get the chance to taste, let alone see a bottle. The pinnacle of Burgundy is largely considered DRC Romanée-Conti Grand Cru. A prime example of this blue-chip wine's dominance is the 2014 vintage. A single bottle can cost you more than $23,000, while the Liv-ex market value of a case has increased by nearly 63% over a five year period. Other examples include Domaine Armand Rousseau Chambertin Grand Cru, which has gained 223.16% over a five year period, or the 2018 Batard-Montrachet Grand Cru which is up 26.2% over the last 12 months. If a Birkin bag is the pinnacle of handbag investing, many of the top pinot noir from Burgundy are its counterpart. Despite the investment potential, fine wine is an asset class that can seem daunting to investors. Industry know-how is a big factor in making the right wine picks, maximizing gains, and realizing liquidity. Whether it be Hermès bags, a piece of art or wine, investing in the asset class through a professional can be more conducive to long-term results, rather than simply storing a few wines in your basement. Companies like Vint offer a solution. Their platform allows investors to invest in shares of wine through securitized offerings, rather than having to go out and purchase an entire wine collection on your own. Their team researches the market, sources the wines, stores them safely, and finds buyers when the time comes. These are steps that can be very costly. For those without industry experience, it can be difficult to understand the analysis and market dynamics that determine when to buy and sell. That’s why Vint’s in-house team of professionals use proprietary analysis and fundamental research to seek value and returns for their investors. Just don’t ask them about handbags. This article originally appeared on Benzinga here. Founded in 2019, Vint set out to financialize fine wine and spirits and create a new asset class. Vint received SEC qualification in 2021, thereby creating the first fully-transparent, efficient platform for wine, spirits, and futures collection investing. Vint offers expert-curated, thematic collections of fine wine & spirits to institutional, accredited, and non-accredited investors. Since launching, Vint has securitized and offered over $6M worth of assets. Through Q3 2022, Vint has generated returns of 28.3% for asset exits on a net annualized basis since inception. Vint is backed by leading investors Montage Ventures, MS&AD Ventures, Goat Rodeo Capital, Fintech Ventures & Slow Ventures. To learn more about Vint, visit Vint.co. This content contains sponsored advertising content and is for informational purposes only and not intended to be investing advice. All investors should do their own research, due diligence, and make their own decisions when it comes to investing capital in markets. Please read Vint’s disclaimer. Contact Details Brady Weller Brady@vint.co Company Website https://vint.co/

March 02, 2023 09:25 AM Eastern Standard Time

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HIBBETT | CITY GEAR GIVING AWAY FREE SHOES FOR A YEAR TO COMMEMORATE NIKE AIR MAX MONTH 2023

Hibbett, Inc.

Hibbett (NASDAQ:HIBB), an athletic-inspired retailer with more than 1,100 Hibbett and City Gear specialty stores nationwide, today announced an Air Max Month inspired giveaway with a grand prize of free sneakers for a year. The 2023 Air Max Month promotion will run throughout the month of March to commemorate Nike Air Max Day, which is celebrated annually on March 26 th. “Nike Air Max is arguably the most iconic sneaker in history and we love to mark the anniversary each year with an exciting giveaway for someone to receive a wardrobe of new kicks,” said Sarah Sharp-Wangaard, Vice President Marketing, Hibbett. “Air Max technology is an innovation that changed the sneaker game more than 30 years ago and couldn’t be more relevant today.” The general public is invited to enter the Air Max Month giveaway, to win one year’s worth of sneakers simply by subscribing to Hibbett | City Gear emails, following @hibbettsports and @citygear on Instagram, commenting on Air Max Giveaway posts on both channels and tagging three friends, before March 31, 2023. Nike Air Max 1, designed by Tinker Hatfield was introduced on March 26, 1987 with a design that elevated Nike shoes with its unique air-cushioned technology and innovation. Each year the month of March is dedicated to celebrating the design and influence of the Air Max shoe, that is still beloved by countless fans today. Once again, Hibbett is proudly celebrating Nike Air Max and its impact with an Air Max Month giveaway of free sneakers for a year. One randomly selected winner will be contacted via email by April 13, 2023 and once contacted, must respond within 48 hours. The Grand Prize is valued at $3,000. The winner will receive one year’s worth of free sneakers. Official rules and details about the giveaway can be found here. About Hibbett, Inc. Hibbett, headquartered in Birmingham, Alabama, is a leading athletic-inspired fashion retailer with 1126 Hibbett and City Gear specialty stores, located in 36 states nationwide. Hibbett has a rich history of convenient locations, personalized customer service and access to coveted footwear, apparel and equipment from top brands like Nike, Jordan, and adidas. Consumers can browse styles, find new releases, shop looks and make purchases online or in their nearest store by visiting www.hibbett.com. Follow us @hibbettsports and @citygear on Facebook, Instagram and Twitter. Contact Details Wendy Yellin pr@hibbett.com Company Website https://www.Hibbett.com

March 01, 2023 10:05 AM Central Standard Time

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Ending Pet Obesity

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/c2ScvhOzt_s There’s a weight problem in America and it isn’t just affecting humans. Would it surprise you to know that more than half of dogs and 60 percent of cats are classified as clinically overweight, but 90 percent of pet parents with an overweight pet don’t realize it. With these stats in mind, it is important for pet parents to make health and wellness a top priority. We know that eating properly and maintaining a healthy weight is key to our overall well-being. Well, the same holds true for our beloved pets. Hill’s Pet Nutrition, a global leader in science-led nutrition, is on a mission to help end pet obesity and is teaming with Dr. Vernard Hodges and Dr. Terrence Ferguson, stars of Nat Geo show: Critter Fixers: Country Vets, for its annual End Pet Obesity campaign, which was created to help pet parents understand obesity and understand the actions needed to best maintain their pet’s health by providing education, free tools and resources. Dr. Hodges and Dr. Ferguson, stars of stars of Critter Fixers: Country Vets conducted a nationwide media tour earlier this year to discuss the End Pet Obesity campaign. Topics that Dr. Hodges and Dr. Ferguson discussed included: Concerning trends they are seeing in pet health What obesity can mean for a pet Ways a pet parent can best assess if their pet is overweight Tips for weight loss and maintenance For more information, visit endpetobesity.com Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

March 01, 2023 09:00 AM Eastern Standard Time

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HIBBETT | CITY GEAR AND HAPPY RETURNS, A PAYPAL COMPANY, LAUNCH 1100+ NEW RETURN BAR LOCATIONS ACROSS AMERICA

Hibbett, Inc.

Hibbett, Inc. (NASDAQ:HIBB), an athletic-inspired fashion retailer, today announced the addition of Happy Returns’ Return Bars in its more than 1,100 Hibbett and City Gear specialty stores nationwide. Online shoppers can now quickly make returns from hundreds of online retailers in-person, box-free and label-free at Hibbett and City Gear stores in 36 states. “Innovation is a key operating principle for Hibbett as we continuously look for ways to improve the shopper experience and adapt to ever-changing consumer needs and wants,” said Ben Knighten, Senior Vice President, Store Operations, Hibbett, Inc. “We are helping expand the Happy Returns network with the added convenience of more than 1,100 new Return Bars and introducing Happy Returns shoppers to the best-in-class Hibbett and City Gear customer experience.” Known for the hottest trends and leading brands in athletic-inspired fashion and footwear from brands like Nike, Jordan and adidas, Hibbett provides underserved markets with exceptional product and unrivaled customer service. Through this work with Happy Returns, Hibbett will further extend its customer service to millions of consumers who may not have shopped with Hibbett and City Gear before. Additionally, the Hibbett and Happy Returns alliance will help reduce cardboard waste through the use of reusable containers and will help lower greenhouse gas emissions compared to returns by mail. To use Happy Returns, online shoppers retrieve a QR code from the website where they purchased their item. The shopper then brings the return item and QR code to one of 1,100+ Hibbett or City Gear locations near them and stops by the checkout counter to drop it off, for an immediate refund and an emailed coupon to use in store once the return is completed. “Returns are finally being recognized for their importance in the shopping journey,” said David Sobie, VP of Happy Returns, a PayPal company. “Shoppers have no patience for printing labels or boxing items to return via mail and instead overwhelmingly choose to return box-free and in person whenever possible. With the addition of Hibbett’s stores to our network, we now have over 6,000 Return Bars, which means 78% of American households are within 10-mile drive of a Happy Returns drop off location.[1]” About Hibbett, Inc. Hibbett, headquartered in Birmingham, Alabama, is a leading athletic-inspired fashion retailer with 1126 Hibbett and City Gear specialty stores, located in 36 states nationwide. Hibbett has a rich history of convenient locations, personalized customer service and access to coveted footwear, apparel and equipment from top brands like Nike, Jordan, and adidas. Consumers can browse styles, find new releases, shop looks and make purchases online or in their nearest store by visiting www.hibbett.com. Follow us @hibbettsports and @citygear on Facebook, Instagram and Twitter. [1] Analysis 2020 Census Data Contact Details Wendy Yellin pr@hibbett.com Company Website https://www.Hibbett.com

February 28, 2023 10:05 AM Eastern Standard Time

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Multipolar Development Corporation Electric Machine Prototype Promises Unprecedented Versatility

Multipolar Development Corporation

Multipolar Development Corporation (MDC) an electrical and automation engineering company announced details on its patented multipolar electric vehicle (EV) propulsion enhancement system today. The company has begun construction and testing of a physical prototype of its novel multipolar electric vehicle propulsion enhancement system. MDC’s Recent successes with finite element method (FEM) models of the system have paved the way for the development of the first iteration of the revolutionary electric machine design. “The technology is performing even better than we anticipated,” stated MDC CEO and inventor, Shaun McCutcheon. “We fully intend to shock the EV industry as our patented technology advances it to a new level of efficiency and performance.” Multipolar Technology™ manages the speed and torque of a DC electric machine directly through advanced intelligent control, requiring fewer external drive components and power connections and eliminating the need for brushes and commutators. Breaking the “medium voltage” barrier The innovative Multipolar approach is a response to the rapidly growing demand for high-power electric machines. In addition to the push to replace internal combustion motors with greener alternatives, there’s an increasing need for more efficient DC electric generators, particularly at an industrial scale. With heavy industrial applications and electric vehicles (EV's) being the next phase for green initiatives, Multipolar marks a significant milestone in machine technology. The increased efficiency and scalability of MDC’s patented design will allow its DC machines to operate at voltages of 2000 V and above (medium voltage above 1 kV) – something that has been traditionally impractical for DC electric machines. Long-term use, electrical arcing, and environmental conditions lead to mechanical wear and imperfections that reduce efficiency in high-power motor and generator applications. By using its unique control system to dynamically alter a machine’s pole configuration, Multipolar can compensate for these conditions in real time to offset inefficiencies and accumulated mechanical defects. Ultimate versatility and customization The biggest advantage of Multipolar machines is versatility. Traditional DC electric machines have a fixed design and operation. With a Multipolar DC machine, however, the performance can be optimized for the demands of each end device or system using software and machine learning. Engineer and electric motor consultant Thomas Neroda stated, “The major advantage of the Multipolar machine is the performance versatility. With almost unlimited performance configurations, the machine can be uniquely adapted to match the requirements of the end application.” The Multipolar machine will allow end-product designers to use a custom controller with multiple performance options and settings. An array of sensors will inform intelligent software, both at setup and during operation, not only to optimize performance to meet initial design specifications but also to maintain that efficiency and performance under dynamic conditions. With a range of operational speeds at full power, designers will even be able to repurpose Multipolar machines when applications or operational demands change. The upcoming Multipolar electric machine prototype, expected to be completed in mid-2023, will demonstrate the practicality of an intelligent multipolar DC electric machine design setting the stage for further research and production including new Multipolar Universal AC/DC Machines. “At a time where political leaders in the United States are seeking to position the country as a global leader in EV manufacturing, the introduction of our technology has perfect timing,” Shaun McCutcheon continued. “With more than $3 billion expected to be invested into the domestic electric vehicle industry by the U.S. Department of Commerce, and likely even more from private investors, we expect significant interest in the technology our team of engineers developed.” Multipolar Development Corporation is an Austin, TX-based C-Corp comprised of energy, electric, and automotive engineering experts. ### Please visit: www.MultipolarMachine.com for more information. For more information or to schedule an interview with Shaun McCutcheon, please contact Dan Rene of kglobal, at daniel.rene@kglobal.com or 202-329-8357. Contact Details Dan Rene +1 202-329-8357 daniel.rene@kglobal.com Company Website https://www.multipolarmachine.com/

February 28, 2023 10:00 AM Eastern Standard Time

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