News Hub | News Direct

News Release

Phunware enhancing hospitality with Smart Hospitality Solution in Thumper Pond Resort launch

Phunware Inc

Phunware COO Randall Crowder joins Proactive's Natalie Stoberman to share the details of its newly announced collaboration with Minnesota's Thumper Pond Resort to launch Phunware's Smart Hospitality Solution. Crowder says Thumper Pond Resort offers a picturesque setting with a championship golf course and various amenities. Coupled with Phunware's mobile Smart Hospitality Solution, Crowder explains that Thumper Pond can allows guests to maximize their experience at the resort. Crowder shares how the application leverages Phunware's advanced location software, enabling users to navigate the property easily, both indoors and outdoors where guests can explore the golf course and conveniently order food and drinks from anywhere; ensuring prompt delivery. The app also incorporates contextual engagement, sending personalized messages based on guests' location and preferences. Phunware also utilizes artificial intelligence to craft these messages while maintaining a human-centric connection with guests. The aim is to transform guests' smartphones into mobile concierges by offering personalized and efficient services. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

July 06, 2023 04:31 PM Eastern Daylight Time

Video

As IMF Deputy Director Issues AI Warning, Workers Are Unprepared For Disruptions Caused By Advent Of AI – Amesite Is Looking To Change That

Amesite Inc.

By David Willey, Benzinga Click here to download the latest research report on Amesite. The technology of tomorrow is rapidly becoming the economy of today, and governments and workers are unprepared for the changes, said Gita Gopinath, Deputy Director of the International Monitory Fund (IMF), in a recent interview with the Financial Times. Artificial intelligence (AI) is here to stay, and it is already changing how people live and work. As technology reshapes the marketplace, governments and institutions need to act fast, both in terms of implementing regulations but also “also in terms of preparing for probable substantial disruptions in labor markets,” said Gopinath. She highlighted the potential for particularly extreme changes – that will include both benefits and disruptions – coming from large-language models like ChatGPT. In previous decades, the assumption has been that individuals and economies would adjust to new technologies. “The lesson we have learned is that it was a very bad assumption to make,” concluded Gopinath. That is why online platform and course developer Amesite (NASDAQ: AMST) has made it its mission to help institutions upskill both students and workforces. It is rejecting the complacency model that has failed workers in the past and is working with businesses, universities, government agencies and others to help prepare them to thrive in a changing economic and technological environment. Amesite Works With Business And Schools Amesite has always had a technology-first approach, and to support its eLearning offerings, the company recently launched Version 6.0 (V6) of its platform website. Amesite’s white-label, scalable platform is designed to host courses from businesses and learning institutions that help them upskill and reskill their employees. As part of its commitment to helping the transition to an AI-powered economy, it launched a free course on the fundamentals of ChatGPT and has integrated several AI capabilities into V6. Amesite is positioning itself as a leader in adopting AI in the educational sector, which it believes places it at the vanguard of AI development and integration. An Ipsos survey from late 2021 found that education was the sector people thought most likely to be impacted by AI. Bill Gates has also recently commented on the transformation that AI could bring to education, saying AI has the potential to take learning to a “whole new level.” One way Amesite is helping change education is through its partnership with the National Association for Equal Opportunity in Higher Education (NAFEO). Amesite is working with NAFEO-affiliated colleges and universities to deliver upskilling content through NAFEO’s Center for Opportunity, Excellence and Equity (COEE) learning management system. Amesite also recently partnered with Michigan Works! Southeast (MWSE) to provide training materials through MWSE’s Learning Community Environment system. Other companies looking to adapt in the eLearning sector include Coursera Inc. (NYSE: COUR), 2U (NASDAQ: TWOU) and Powerschool Holdings Inc. (NYSE: PWSC). However, Amesite cites data from a third-party source indicating it has both a higher positive consumer sentiment score and a lower negative sentiment score than any of its competitors. This puts it in a strong leadership position in the AI-powered learning sector, according to Amesite. Learn more about how Amesite is disrupting education with AI. Amesite Inc., an artificial intelligence driven platform and course designer, provides online products in the United States. The company uses machine learning to offer a mass customized experience to learners. Its customers include businesses, universities and colleges, K-12 schools, and non-profit organizations. The company was incorporated in 2017 and is headquartered in Detroit, Michigan. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Amesite, Inc. +1 734-876-8141 info@amesite.com Company Website http://www.amesite.io

July 06, 2023 09:00 AM Eastern Daylight Time

Insider Buying: Hedge Fund Legend Makes A Series Of Stock Purchases In Premium Digital Smart Home Fitness Company Interactive Strength (NASDAQ: TRNR - “FORME”)

FORME

By David Willey, Benzinga Notable hedge fund manager Bradley Wickens has made a series of insider purchases adding to his position of more than a 10% holder in premium digital smart home fitness company Interactive Strength Inc. (NASDAQ: TRNR - “FORME”). FORME is a digital fitness platform that combines premium connected fitness hardware products with live virtual 1:1 personal training. The Company completed an IPO in May and aims to establish itself as a leader in the premium fitness training market by combining at-home convenience with cutting-edge personal training services through its award winning connected hardware products. Wickens, a UK-based hedge fund manager and founder of Broad Reach Investment Management, started with a 10% ownership stake in Interactive Strength. Wickens has made a series of share purchases since Interactive Strength’s initial public offering (IPO), and he increased his number of TRNR shares by over 120,000 during the month of May. In his most recent purchase, he acquired 20,000 shares of stock at an average purchase price of $5.71, for a total of $114,200. This brought Wickens’ direct share ownership to 1,699,891 shares, for a value of $9.7 million. When a senior company executive, board member – or in this case, a major shareholder (someone who owns more than 10% of a company) – purchases company shares or other securities, it is referred to as insider buying and is frequently viewed as an indication that those within the company are optimistic about the future value of the company’s share price and the overall growth trajectory of the company. Purchasing activity from a seasoned hedge fund manager like Wickens would likely be viewed as particularly suggestive of outside optimism for the company, even if Wickens were not an insider. However, Wickens doesn’t represent the only hedge fund interest in Interactive Strength. Block.one, a UK-based investment firm, recently purchased shares of TRNR common stock at $8 per share, bringing its total securities owned to 3.2 million. The online and digital fitness market has grown significantly since the pandemic, with the U.S. representing the largest segment of the online fitness market. According to the Company’s research, they believe the total addressable market (TAM) includes nearly 10 million households, representing a total potential market of $18 billion. Learn more about Interactive Strength Inc. by visiting their website. FORME is a digital fitness platform that combines premium connected fitness hardware products with live virtual personal training and coaching to deliver an immersive experience and better outcomes for both consumers and trainers. FORME delivers an immersive and dynamic at-home fitness experience through two connective hardware products: 1. The FORME Studio (fitness mirror) and 2. The FORME Studio Lift (fitness mirror and cable-based digital resistance). The Studios uniquely transform to host a variety of workouts and activities, returning to an elegant, full-length mirror when not in use. In addition to the Company's connected fitness hardware products, FORME offers expert personal training and health coaching in different formats and price points through Video On-Demand, Custom Training, and Live 1:1 virtual personal training. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details TraDigital IR - Adam Holdsworth adam@tradigitalir.com Company Website https://formelife.com/

July 06, 2023 09:00 AM Eastern Daylight Time

News Release

US Global Investors says positive airline recovery an indicator of strong markets

US Global Investors Inc

U.S. Global Investors Chief Investment Officer Frank Holmes joins Natalie Stoberman from the Proactive studio to discuss the positive June trends from the JETS ETF fund and how a strong airline economy has proven to be an indicator for healthy markets. The U.S. Global Jets UCITS ETF ‘JETS’ delivers exposure to the global airline industry including airline operators and manufacturers from all over the world. Contact Details Proactive USA +1 347-449-0879 na-editorial@proactiveinvestors.com

July 05, 2023 06:01 PM Eastern Daylight Time

Video

How Airbnb.org Provides Vital Shelter to Refugees and Asylum Seekers One Home at a Time

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/ma3UlYWugug To mark World Refugee Day, which occurred on June 20th, organizations like Airbnb.org and the International Organization for Migration (IOM) continue to raise awareness about the ongoing needs of refugee populations around the world and connect them to free emergency stays. From refugees fleeing events in Afghanistan to people displaced by the war in Ukraine, Airbnb.org is proud to work with partners like IOM, as well as Airbnb.org Hosts and donors, to offer welcoming places to stay during unimaginable times of crisis. Kristen Berlacher, Director of Programs at Airbnb.org, and Amy Pope, Director General Elect of IOM, talked about this important collaboration. Since its founding in December 2020, Airbnb.org has worked with IOM and organizations around the world to connect nearly 200,000 refugees and asylum seekers with free, temporary stays, including: ○ 135,000+ refugees from Ukraine ○ 34,000+ refugees from Afghanistan During the media tour, topics that were discussed included: ● How the state of refugees and asylum seekers evolved in recent years and where there has been the greatest need. ● Why providing temporary housing is a key part of refugee relief and how temporary housing benefits both refugees and their local host communities over the long-term. ● How the partnership between Airbnb.org and IOM has been instrumental in addressing the temporary housing needs of refugees and asylum seekers internationally. ● How people can support ongoing refugee relief efforts by Airbnb.org and IOM. Humanitarian crises like those that forced people to flee events in Afghanistan and the war in Ukraine often capture the attention of the world and compel people and organizations to take action. Long after the headlines fade, however, the needs of those displaced by these events endure. FOR MORE INFORMATION VISIT: Airbnb.org and Donate.iom.int/airbnb Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

July 05, 2023 03:49 PM Eastern Daylight Time

Video

NextFerm Technologies announces a commercial manufacturing agreement for the production of ProteVin™, its vegan protein, with Kothari Fermentation and Biochem, a subcontractor in India

NextFerm Technologies Ltd.

In the first stage, the production setup will enable an annual production capacity of $4M in revenues The completion of the production setup is expected during the fourth quarter, 2023 (Yokneam Illit, July 5, 2023) – NextFerm Technologies Ltd. (TASE:NXFR), a food-tech company developing ProteVin™, a vegan, fermentation-based, non-GMO protein alternative and other innovative yeast-based nutrients, announced today that it has entered into a commercial manufacturing agreement with a subcontractor in India, Kothari Fermentation and Biochem, for the production of ProteVin™. The agreement relates only for production services and doesn’t include IP transfer to the subcontractor. The company's management has worked diligently to find a solution to establish a production setup that will be in line with its financial means, so that, in this stage, this agreement replaces the establishment of the manufacturing plant with the subcontractor in North Macedonia, and will allow the company to supply market demands with a lower investment than planned and with the ability to increase future capacity. In the first stage, the production setup will enable an annual production capacity of $4M in revenues. In addition to the production equipment that the company has purchased so far, the Company estimates that the necessary investment needed for the completion of the production setup and the purchase of the production equipment for the first stage will be approximately $2M. This investment will be financed from the company's own resources. The completion of the production setup is expected during the fourth quarter, 2023. The building in which the production facility is planned to be built already exists and has needed utilities, and most of the equipment needed to operate it has already been purchased by the company and/or is in the possession of the subcontractor and is available for the company’s use. Starting 2023, five food and dietary supplement companies in the USA and Europe have launched vegan products based on ProteVin, including Swanson, one of the leading and veteran nutritional supplement brands in the USA, Spacemilk and Mushroom Design. In the five products, the ProteVin™ brand is labeled on the packaging. The company has a wide and growing base of food and dietary supplement companies, including global companies, that are examining ProteVin for use in a variety of alternative products. In addition to ProteVin, the production facility in India will allow the company to also produce and market the by-product Yeast Extract, which is obtained in the production process of the protein. This product is an ingredient that enhances taste and flavor in the food industry. The company has developed a first generation of Yeast Extract based on a unique technology developed by the company (a yeast strain and unique processes) that contributes to the quality of the Yeast Extract products and the profitability of these products. The Yeast Extract market is estimated at approximately $1.9 Billion in global annual sales, with a growth of approximately 8.7% which is influenced, among others, by the growth of the alternative food market[1]. This is one of the most important and largest categories in the flavors market. Boaz Noy, Chief Executive Officer of NextFerm, said: "In past few months, we have focused on finding an efficient and flexible production alternative to the production facility that was planned to be established in North Macedonia, which will be in line with the company's capabilities and financial resources. The production setup that will be established in India will allow us to meet the growing demand for ProteVin, with a lower investment than planned with the ability to increase future capacity. ProteVin™ is the only alternative protein on the market today with a neutral taste and an animal-like nutritional value, and we believe it will become a leading solution in the global alternative protein industry. In addition, the company will be able to initiate the production and launch of Yeast Extract, which is a vegan food ingredient that enhances taste and flavor and with a high and growing demand in the food industry." About Kothari Fermentation and Biochem Kothari Fermentation and Biochem, traded on the Bombay Stock Exchange (BSE:KFBL.BO) is a manufacturer of baker’s yeast, Instant Yeast, Active & Inactive Dried Yeast, Cell walls, yeast extract, alcohol yeast and other yeast based products. For more information, visit the Kothari website at: www.kothariyeast.in About NextFerm Technologies NextFerm Technologies, traded on the Tel Aviv Stock Exchange (TASE:NXFR) is a food-tech company engaged in the research, development, manufacturing and marketing of innovative, functional and vegan yeast-derived, non-GMO protein alternatives for various applications in the food and food supplement markets and the growing market for animal-derived protein alternatives. NextFerm's flagship product is ProteVin™, a vegan, yeast-derived protein with animal-like nutritional value (Amino acid profile BCAA=21%, Leucine=9%, EAA=53% and high digestibility PDCAAS=1) and a neutral flavor. ProteVin™ is designed for a variety of categories in the alternative protein market, which is estimated at USD 20 billion in terms of final products and at USD 3.5 billion in terms of raw materials with an annual growth rate of above 20%, including milk and dairy substitutes, meat substitutes and additional categories such as infant nutrition, adult nutrition, and sports nutrition. The Company launched ProteVin™ and initiated marketing and supplying the product in second quarter of 2022. For more information, visit the NextFerm website at: www.nextferm.com [1] https://www.fortunebusinessinsights.com/yeast-extract-market-106656 Legal Notice Regarding Forward-Looking Statements This announcement also includes forecasts, projections, assessments, estimates and other information which refer to future events and matters, the realization of which is uncertain and not exclusively under the Company’s control (forward-looking information). The main facts and data used to support this information are facts and data regarding the current position of the Company and its businesses (including the scope of sales and levels of profitability, manpower, commercial engagements and more), facts and data regarding the current global position of the Company’s operating segments (including industry-specific financial developments, environmental regulatory developments, the competitive environment, technological developments, the reinsurance market and more), and macro-economic facts and data (including the economic situation both in Israel and around the world, yields in the capital markets, social and state developments and more), all as known by the Company when publishing this announcement. The forward-looking information included above in this announcement is significantly based upon, in addition to the existing information held by the Company, on the Company’s current assessments and expectations of future developments vis-a-vis each one of the aforementioned parameters, and the interconnectedness of each one of these developments. The Company has no certainty that its forecasts and assessments will indeed eventuate, and the Company’s operating results may be materially different than the results assessed or implicit based on that set forth above, inter alia, as a result of a change in any of the aforementioned factors. Contact Details NextFerm Technologies Ltd. Yossi Ohana - CFO +972 54-771-5893 yossio@nextferm.com Investor and Media Contact Meirav Gomeh-Bauer +972 54-476-4979 meirav@bauerg.com

July 05, 2023 03:06 PM Eastern Daylight Time

STIMULATE: The Nation’s First-Ever B2B Sexual Wellness Trade Show to Debut July 24 & 25 in Nashville, TN

STIMULATE Trade Show

Nashville, TN – July 5, 2023 – STIMULATE: A B2B Sexual Wellness Trade Show will debut in Nashville, TN on July 24 + 25, 2023, as the nation’s first and only trade show and conference experience dedicated to sexual wellness. Among the categories represented at STIMULATE include products that support intimate care, sexual health, pleasure products, lubricants and grooming, games + novelty including home accessories and party supplies, lingerie, fashion accessories, and more. “With sexual wellness supporting consumers from young to mature and across a variety of categories, it’s important for retailers, vendors, and industry leaders to have a dedicated, professional environment for connectivity, discovery, and learning experiences. This is why I am so thrilled to bring STIMULATE to life and to further support this rapidly growing retail category,” shares Nicole Leinbach, Founder of RetailMinded.com and STIMULATE, as well as a longtime retail industry leader, author, and Professor of Retail Marketing at Columbia College Chicago. With the sexual wellness industry expected to reach 65+ Billion in global sales by 2026, STIMULATE looks forward to bringing vendors, manufacturers, distributors, and brands together to connect with retailers, online sellers, spas, salons, and more. This B2B trade show is unlike any other in the market and will include a variety of educational experiences designed specifically for retail operators. Retailers such as Target, Ulta Beauty, Walgreens, and Anthropologie have already welcomed sexual wellness into their inventory assortment, and STIMULATE wants to provide a destination for more retailers to both discover and learn how sexual wellness can be introduced into their own stores. STIMULATE+Educate: 20 Speaker Sessions As part of the STIMULATE, there will be over 20 complimentary sessions under the STIMULATE+Educate experience with speakers that include Rebecca Alvarez Story, who is the Founder of intimate care line Bloomi which can be found at Target, Saks Fifth Avenue, and other retailers, as well as the Senior Editor of Beauty Independent, Claire McCormack. Nationally renowned surgeon and Founder of both BeSpoke Surgical and Future Method, Dr. Evan Goldstein, will also be among the speakers presenting at STIMULATE+Educate. Additionally, his anal product care line Future Method will be exhibiting at STIMULATE, as well. View Full Speaker Agenda HERE “ I’ve been covering the rise of sexual wellness for several years, as many exciting brands entered the space and both investors and retailers began to accept the category as an integral part of wellness. I am excited to share my insights on trends I’m seeing in the space, the unique challenges sexual wellness brands continue to face, and what I think the future of the category looks like,” shares Beauty Independent’s Claire McCormack. Additionally, attendees of STIMULATE can look forward to exploring products from brands that include Bloomi, Champ Condoms, Sportsheets, NuSensuelle, Zalo Pleasure Products, and more. Debuting their brands for the first time ever include Dahlier - a genderless lingerie + intimate care line - and Sexpot Apothecary, an herb-based sexual health brand supporting libido, reproductive health, and more. Leiamoon, BLK Alchem y, and bido will also be among the emerging brands. " We are thrilled to connect with retailers at STIMULATE, as we continue to spread information about the powerful, transformative practice of vaginal steaming. At LEIAMOON, we seek to normalize conversations around the health and vitality of the most sensitive, creative, pleasure-centers of our bodies,” Jessica Pratt, Designer & Co-Founder of LEIAMOON LLC, explains. Expanding on their enthusiasm to join STIMULATE is John O’Keefe, Co-Founder of Champ Condoms. “ Team Champ is thrilled to be attending the inaugural Stimulate event this year. We’re looking forward to connecting with like-minded modern sex health brands and potential retail partners. We are also excited to hear from thought leaders like Claire McCormack.” One of the nation’s largest distributors of pleasure products, party supplies, and lingerie, Eldorado Trading, will also join STIMULATE as the exclusive exhibiting distributor. “ Eldorado is thrilled to partner with Retail Minded for the inaugural STIMULATE show in Nashville! We believe our expert distribution services and educational resources will prove to be a solid value for the attendees. We look forward to meeting with current customers to talk about growth opportunities as well as meeting with new customers to help their businesses diversify into the adult and sexual wellness categories,” shares CEO Wanda Garland. As part of the STIMULATE experience, attendees can look forward to an evening of live music and an open bar with a balcony view of Nashville’s famous Broadway Avenue hosted by Eldorado Trading. This STIMULATE+AfterHours experience will feature Nashville artist Aly Cutter. STIMULATE: A B2B Sexual Wellness Trade Show will take place July 24 & 25, 2023, in one of America’s most vibrant cities, Nashville, Tennessee. CONTACT INFORMATION: Media, vendors, and retailers* interested in participating in STIMULATE should email stimulate@retailminded.com for more information. *Qualified retail buyers and their teams receive complimentary admission ABOUT RETAIL MINDED: PRODUCER of STIMULATE: A B2B Sexual Wellness Trade Show Retail Minded is an internationally recognized media company that is committed to delivering quality news, education and support specific to retailers and online sellers. Founded in 2007 by retail thought leader, author, and Professor Nicole Leinbach, Retail Minded introduces retailers to leading industry resources, merchant-specific news, and timely education to help commerce professionals thrive. Retail Minded proudly produces the Independent Retailers & Sellers Conference bi-annually in Las Vegas each year and works with a variety of retail- focused businesses throughout the world and will debut the nation’s first sexual wellness B2B trade show – STIMULATE – in 2023. Explore more about Retail Minded at RetailMinded.com. Contact Details STIMULATE: A B2B Sexual Wellness Trade Show Taylor Stinnett +1 312-925-8562 Stimulate@retailminded.com Company Website https://stimulatetheshow.com/

July 05, 2023 10:00 AM Eastern Daylight Time

News Release

BSF Enterprise discusses sustainability with new approval to commercialize cultivated meat in US

BSF Enterprise

BSF Enterprise CEO Dr. Che Connan joined Proactive's Natalie Stoberman to discuss how the company is moving forward from its recent approval for the sale of cultivated meat in the United States. Dr. Connan said this approval also generates interest in BSF's intellectual property related to tissue engineering, particularly for cultured meat. He explained cultivated or cultured meat is produced in laboratories without harming animals while BSF's products closely resemble natural meat in appearance, smell, taste, and texture. BSF is focused on unlocking the next generation of biotechnological solutions by using cell-based tissue engineering to help generate cultured meat, lab-grown leather, as well as human corneas, collagen growth and skin substitutes, as part of a radical transformation to deliver sustainable solutions across a variety of sectors. Contact Details Proactive USA +1 347-449-0879 na-editorial@proactiveinvestors.com

June 30, 2023 03:17 PM Eastern Daylight Time

Video

SUMMER'S TRENDING PRODUCTS

News Media Group, Inc.

Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

June 30, 2023 06:00 AM Eastern Daylight Time

Video

Lifestyle

Phunware enhancing hospitality with Smart Hospitality Solution in Thumper Pond Resort launch

As IMF Deputy Director Issues AI Warning, Workers Are Unprepared For Disruptions Caused By Advent Of AI – Amesite Is Looking To Change That

Insider Buying: Hedge Fund Legend Makes A Series Of Stock Purchases In Premium Digital Smart Home Fitness Company Interactive Strength (NASDAQ: TRNR - “FORME”)

US Global Investors says positive airline recovery an indicator of strong markets

How Airbnb.org Provides Vital Shelter to Refugees and Asylum Seekers One Home at a Time

NextFerm Technologies announces a commercial manufacturing agreement for the production of ProteVin™, its vegan protein, with Kothari Fermentation and Biochem, a subcontractor in India

STIMULATE: The Nation’s First-Ever B2B Sexual Wellness Trade Show to Debut July 24 & 25 in Nashville, TN

BSF Enterprise discusses sustainability with new approval to commercialize cultivated meat in US

SUMMER'S TRENDING PRODUCTS