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NCMA and ASMC Collaborate to Support PPBE Reform

National Contract Management Association

CONTACT INFORMATION: Melissa Blacketer (703) 549-0360 blacketer@asmconline.org Dominick Belfiore dominick.belfiore@ncmahq.org FOR IMMEDIATE RELEASE: The National Contract Management Association (NCMA) and the American Society of Military Comptrollers (ASMC) announced today a collaboration to broaden perspective in support of Planning, Programming, Budgeting, and Execution (PPBE) Reform. "NCMA applauds the Congressional PPBE Reform Commission effort to meet current and future challenges of the warfighter," said Kraig Conrad, NCMA CEO. "Through this collaboration with ASMC, we will bring the perspectives of federal procurement and acquisition professionals to the process.” “The work on PPBE reform is critical to not only ensuring the resource allocation process continues to provide the optimal mix of forces, equipment, and support but also gains and maintains a technological and competitive advantage for the United States,” said Rich Brady, ASMC CEO. “We are delighted to collaborate with NCMA because gaining the views of federal buyers and sellers through this neutral forum will be extremely valuable.” ASMC formed a PPBE Reform Task Force in May 2022 to develop recommendations, raise awareness, and review and assess documents released by the Legislative Commission on PPBE Reform and other organizations. Their work involves conducting public forums and collaborations with organizations such as NCMA to inform recommendations with the widest possible areas of practice involved in PPBE. The NCMA community of contract management, acquisition, and procurement professionals are involved in acquisition strategies important to PPBE throughout the process. The National Defense Authorization Act for Fiscal Year 2022, Section 1004, created the independent Commission within the legislative branch on reform of the Department of Defense PPBE process. Congress and the U.S. Department of Defense appointed members of the Commission and directed the Commission to submit a final report of recommendations by September 24, 2023, to the U.S. Senate and U.S. House of Representatives Armed Services Committees, and the U.S. Secretary of Defense. About the Organizations: NCMA, founded in 1959, is non-profit professional society of over 18,000 members dedicated to the growth and educational advancement of procurement and acquisition personnel worldwide. NCMA strives to serve and inform the profession of buyers and sellers it represents and to offer opportunities for the open exchange of ideas in neutral forums. To learn more, please visit www.ncmahq.org. ASMC, established in 1948, is the non-profit educational and professional organization for persons, military and civilian, involved in the overall field of defense financial management. ASMC promotes the education, training, and certification of its members, and supports the development and advancement of the defense financial management profession. The Society provides professional programs to keep members abreast of current issues and encourages the exchange of information, techniques, and approaches. ### The National Contract Management Association (NCMA), which was founded in 1959 and is the world’s leading association in the field of contract management. The organization, which has over 18,000 members, is dedicated to the professional growth and educational advancement of procurement and acquisition personnel worldwide. NCMA strives to serve and inform the profession and industry it represents and to offer opportunities for the open exchange of ideas in neutral forums. To find out more, please visit www.ncmahq.org. Contact Details Dominick Belfiore +1 571-207-5151 dominick.belfiore@ncmahq.org Company Website https://www.ncmahq.org/

November 09, 2022 11:30 AM Eastern Standard Time

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BIO-key’s Integrated Solution Could Help Provide A Cost-Effective Cyber Insurance Solution

BIO-key International, Inc.

Organizations that rely on computers and digital media to accomplish vital business tasks would likely have cybersecurity as one of their primary concerns today. Banks and financial institutions must be especially careful about cyberattacks as they store vast amounts of their customers’ personal and financial data and any breach could result in huge financial losses for them and their customers while also resulting in complicated lawsuits. Customers rely on banks to deploy first-class security measures to safeguard their most valued possessions, financial assets, and information, making trust the most critical component when deciding on who to bank with. When a financial institution falls victim to a data breach or cyber attack, it results in irreparable damage to the foundational trust that underscores the customer-bank relationship. The healthcare industry also stores mountains of sensitive data, including patients’ personal information and medical history, and any data security breach causes untold damage to the reputation of the hospitals and the trust with their patients. The healthcare and financial services industries are required to adhere to strict compliance regulations like the Health Insurance Portability and Accountability Act of 1996 (HIPAA) and the Payment Card Industry Data Security Standard (PCI DSS). To meet strict compliance laws, organizations must implement more robust and harder-to-hack security systems. What Is Cyber Insurance? If a company falls victim to cybercrime and a costly breach occurs, it may not have adequate resources to recover from the damage inflicted by the crime or to recuperate losses. In such cases, cybersecurity insurance may be required to minimize losses and ensure the attacks do not completely cripple the business. Cyber insurance is designed to help businesses and individuals hedge against internet-related risks and liabilities, including the potentially devastating effects of cybercrimes such as malware, ransomware, distributed denial-of-service (DDoS) attacks, or other methods used to compromise a network and sensitive data. It’s typically cheaper to obtain insurance coverage than to pay for recovery efforts and backup services from a company’s own funds if it is attacked and is often required by industry regulators. According to IBM (NYSE: IBM), the average cost of a data breach was $4.24 million in 2021, a 10% increase from 2020. In 2019, a major provider of credit cards and consumer lending Capital One Financial Corp. (NYSE: COF) experienced a large data breach that impacted 100 million people in the United States. According to Reuters, this event resulted in an $80 million penalty apart from customers leaving the Capital One platform. Fortunately for the company, Capital One had $400 million in cyber insurance and was able to avoid severe financial repercussions. Cyber Insurance By Itself Is Not The Answer While many organizations are looking to add cyber insurance to their security arsenals, they may end up paying very high insurance premiums if they do not already have a strong cybersecurity solution in place. BIO-key International Inc. (NASDAQ: BKYI), a provider of secure access-management solutions, believes it may have the right tools to help. The company says that its Multi-factor Authentication (MFA) solutions offer the dual benefits of securing the workplace from cyber attacks, while also ensuring a lower cost on cyber insurance. Insurance premiums increasingly tend to be extremely high when the company does not already have adequate security solutions in place. Multi-factor Authentication is a process that enhances login security by requiring users to verify their identity with more than just a username and password. BIO-key’s authentication solution involves the use of Identity-Bound Biometrics (IBB), a type of authentication that verifies the identity of the individual behind the keyboard through biometric factors like fingerprint and palm scanning and face recognition. Its signature product — PortalGuard® IDaaS (identity-as-a-service) — supports various authentication options to meet the security goals of most modern organizations, according to the company. PortalGuard enables accessibility to a suite of apps from multiple devices without requiring the user to manage numerous difficult-to-remember passwords. Its MFA aspects, including biometric authentication options like IBB, prevent unauthorized access to business applications, which may be especially beneficial in post-COVID times where working remotely has almost become the norm in most organizations. A cyber insurance policy is not a substitute for cybersecurity. Companies still need to have a complete security suite installed to remain protected. Cyber insurance can help soften the blow caused by a security breach, complementing the cybersecurity solution in place and serving as part of an overall cyber risk-management plan for companies. To learn more about BIO-key’s MFA solutions, visit its website. BIO-key is revolutionizing authentication and cybersecurity with biometric-centric, multi-factor identity and access management (IAM) software managing millions of users. Its cloud-based PortalGuard IAM solution provides cost-effective, easy to deploy, convenient and secure access to devices, information, applications, and high-value transactions. BIO-key's patented software and hardware solutions, with industry-leading Identity-Bound Biometric (IBB) capabilities, enable large-scale Identity-as-a-Service (IDaaS) solutions, as well as customized on premises solutions. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Catalyst IR- William Jones, David Collins +1 212-924-9800 BKYI@catalyst-ir.com Company Website https://www.bio-key.com/

November 09, 2022 08:00 AM Eastern Standard Time

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Arcwide Expands Global IFS Cloud Services Offering With Opening Of Chicago Office

Arcwide

Arcwide, the joint venture of BearingPoint and IFS dedicated to the deployment of IFS Cloud services, today announces the opening of an office in Chicago. The latest opening is Arcwide’s 12th in twelve different countries, a step towards its goal of 20 by 2025, and marks the company’s expansion into North America. Arcwide is a joint venture with a truly unique business transformation proposition: uniting technology innovation and professional services to help companies accelerate the realisation of value. It provides an unrivalled combination of professional services and IFS cloud ERP experience to deliver people-centred business transformation. Working collaboratively, Arcwide offers a single, unified service to implement and manage IFS Cloud. This means that companies can realise business value faster, with lower risk. Philippe Chaniot, Arcwide’s CEO, says of the office opening: “Our ambition is to become the worldwide leader in the IFS services marketplace, solving complex challenges and helping our clients to envision and realise their business goals. “Expanding into North America is a significant part of our aggressive growth plans for 2023 and will allow our increasingly wide global resource pool to deliver projects to businesses on both sides of the Atlantic.” The announcement comes as Arcwide is named Growth Partner of the Year in the 2022 IFS Partner of the Year Awards, which recognise the achievements of IFS's partner ecosystem across all industries, countries, and market segments. The award celebrates Arcwide’s accelerated growth and rapid implementation over the past 12 months. Andy Green, Arcwide COO, comments: “We are delighted to receive this award, Arcwide is only just getting started with highly ambitious plans for growth in the near future so it’s great to receive such recognition so early on in our journey. We are committed to delivering business growth for our clients, and we look forward to expanding our reach as we move into America.” About Arcwide Arcwide is a joint venture with a truly unique business transformation proposition: uniting technology innovation and professional services to help companies accelerate value realization. Combining the world-class business technology consultancy of BearingPoint with the best-in-class cloud technology and innovation of IFS, Arcwide expands the successful and well-established partnership between the two companies, which have been working in lockstep since 2017 to create significant value for their mutual clients around the world. For more information, please visit arcwide.com, or follow Arcwide on Twitter and LinkedIn. Contact Details Arcwide Hannah Syers +44 7566 226202 hannah@fox.agency Company Website https://www.arcwide.com/en/

November 08, 2022 08:00 AM Eastern Standard Time

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Assembly Elevates Joel Coppersmith to Global Director of Measurement and Effectiveness

Assembly

Global omnichannel media agency Assembly has named Joel Coppersmith to a new role as Global Director of Measurement & Effectiveness. Throughout his more than 3-year tenure at Assembly, Joel has worked alongside stakeholders across the agency to define and evolve our approach to measurement, and key to this new remit will be standardizing measurement and effectiveness strategy globally while staying agile to the change in the media and measurement landscape. There is more pressure than ever on CMOs and marketing leaders to drive performance, which has in turn increased the accountability of Marketing to deliver change and growth across businesses effectively. But with disparate media platforms, emerging media formats both on and offline, and changing privacy regulations, it’s a complex challenge – one Assembly is well positioned to solve. “We can offer clients answers to questions around the efficacy of their investment and the role their media budget is playing in delivering their brand and business objectives. Our focus is on equipping clients with strong, compelling arguments that they can use internally to explain the role that Marketing is playing and the value it's driving,” said Joel Coppersmith, Global Director of Measurement & Effectiveness. Assembly has dedicated time and investment towards bringing our measurement strategy to life across the agency, with Joel leading a significant effort to upskill and transform talent’s knowledge of the measurement landscape to have more informed, solution-oriented conversations with clients. And given the current economic climate, measurement is of even greater importance for marketers. Joel added, “With the challenging economic reality, paired with the disruptions to the online tracking environment via legislation and consumer pressure, there is a lot of uncertainty for businesses – this makes the need to prove the value of delivery even more crucial, making its way to the top of brands’ priority lists.” “The ‘Effectiveness’ part of the role is the crux of what we’re about. It’s about understanding why and how Performance and Brand media impacts consumer behavior, and how that drives growth for a business,” said Coppersmith. Assembly Managing Director of Europe, Kate O’Mahony, added, “Joel represents the very best of Assembly: embracing change, and driving progressive growth, which is how we think about our measurement and effectiveness strategy for clients. With Joel dedicated to this charge, we can help our clients and teams break through the complexities and ensure their marketing programs are adding the value to their businesses that they should be.” About Assembly: Assembly is the modern global omnichannel media agency, bringing data, talent, and technology together to find the change that fuels growth for the best brands on the planet. Our approach connects big, bold brand stories with integrated, global media capabilities that deliver performance and drive large-scale business growth. Our work is powered by our proprietary, in-house technology solution, STAGE, and led by our global talent base of over 1,600 people around the world. We’re purpose-driven at our core and pioneers in social and environmental impact in the agency world. Assembly is a proud member of Stagwell, the challenger network built to transform marketing. Visit www.assemblyglobal.com for more information. Contact Details Sara Pollack, VP of Marketing +1 917-438-4922 sara.pollack@assemblyglobal.com Company Website https://www.assemblyglobal.com/

November 08, 2022 04:00 AM Eastern Standard Time

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Eugene Riverfront Festival, Produced by REVERE Event Experience, Earns Highest Level of Certification by the Council for Responsible Sport

REVERE

The Council for Responsible Sport has awarded The Eugene Riverfront Festival, produced by REVERE Event Experience of Hillsboro, Oregon, its highest level of certification for sustainability initiatives in the production of the Festival this past July. The non-profit Council rigorously reviews responsibly produced events, and awarded the Eugene Riverfront Festival, which ran concurrently with the World Athletics Championships, “Evergreen Certification” for the Festival’s social and environmental responsibility. Tony Fisher, president of REVERE Event Experience, said REVERE and the City of Eugene shared the goal of achieving Evergreen certification from the outset of the project. “We worked in close collaboration with the City from the initial planning to the final implementation of the Festival to ensure it represented the values that the city’s residents hold dear: minimizing the environmental footprint of the event while maximizing its inclusivity to create a ten-day long destination for citizens to celebrate and participate in the excitement taking place in their community.” The Council for Responsible Sport’s vision is to “embrace purpose through play,” by certifying sporting events that have made progress to reduce their environmental footprint and increase positive impacts on their local communities and society. Council Board member Bridget Franek LeMay says the Festival was awarded 56 out of a maximum of 61 points in the certification process. "Achievement at this level demands a high degree of commitment and attention to detail. The collaboration and innovation across all aspects of the event production was impressive and inspiring.” LeMay added that The Eugene Riverfront Festival is only the 21 st event to receive Evergreen Certification. Fisher points to a critical collaboration with Kilowatt One, a California-based company focused on designing and executing sustainability programs for live events, to devise and implement the myriad strategies that enabled the certification. “With the guidance of Kilowatt One, the Festival reduced waste by providing reusable dishware and compostable forks, knives, and spoons, collected food waste, and worked with local organizations to create a welcoming space for attendees to enjoy connection, conversation, and community building.” Deveron Musgrave, acting Waste Prevention Manager with the City of Eugene, said, “We are excited to have achieved the goal of Evergreen Certification for this free, family friendly, community festival,” and she echoed Fisher’s sentiment that intentionality made it possible for the Festival to showcase the “community’s legacy of innovation around waste prevention. Contact Details REVERE Event Experience Tony Fisher +1 541-914-3410 tony.fisher@experiencerevere.com Company Website https://www.experiencerevere.com/

November 07, 2022 01:43 PM Pacific Standard Time

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AmeriLife To Acquire TruChoice Financial Group from Allianz Life Insurance Company of North America

AmeriLife

AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions, announced today that it has entered into an agreement to acquire TruChoice Financial Group (“TruChoice”) and its affiliate Inforce Solutions, LLC (“Inforce”), from Allianz Life Insurance Company of North America (“Allianz Life”). Headquartered in Minneapolis, TruChoice is one of the largest field marketing organizations (FMO) in the financial services industry. The company partners with life and annuities agencies to provide them with best-in-class marketing, business support and financial solutions in an ever-changing industry. Inforce, an affiliate of TruChoice, is a national brokerage general agency (BGA) focused in the life insurance market. Per the agreement, terms of the deal were not disclosed. The addition of TruChoice provides significant opportunity for AmeriLife to expand its annuities production, as well as increase its reach in the fast-growing life insurance market and forge a closer relationship with Allianz Life. “Today’s announcement brings together two incredible companies that not only share similar values, but also a deep, unwavering commitment to empowering agents and advisors to help their clients live more financially secure lives,” said Scott R. Perry, chairman and CEO of AmeriLife. “We’re excited to welcome Brian Peterson and the talented teams at TruChoice and Inforce to the AmeriLife family and its best-in-class distribution.” Under the AmeriLife umbrella, TruChoice and Inforce will gain access to a wealth of industry-leading resources, new products, and solutions to expand opportunities for their more than 4,000 financial professionals. Like AmeriLife, TruChoice will continue to maintain its strong relationship with Allianz Life as a non-affiliated FMO as the latter moves to consolidate its focus around its core business of creating innovative products that help clients manage their risk in retirement. “This is a great move for TruChoice that puts us on a path to significant growth going forward,” said Brian Peterson, president and CEO of TruChoice Financial Group and Inforce. “I couldn’t be more excited for our employees and the financial professionals we serve. I’m convinced AmeriLife is the perfect new partner to help us drive this exciting expansion.” “This sale supports Allianz Life’s ability to further focus on our core strengths of providing our independent distribution partners with innovative risk management and retirement solutions for their clients,” said Jasmine Jirele, president and CEO of Allianz Life. “I am also excited that this move will allow TruChoice to accelerate its growth as an independent distributor. We look forward to continuing to partner with TruChoice and expanding our relationship with the AmeriLife group of companies.” Piper Sandler & Co. is acting as exclusive financial advisor to TruChoice Financial Group and Allianz Life Insurance Company of North America in connection with the transaction, which is expected to close on November 30, 2022, subject to customary closing conditions. ### About TruChoice Financial Group TruChoice is a dynamic sales and marketing organization and one of the largest distributors of financial services products in the insurance industry, functioning as a foundation for the success of the independent financial professionals they serve. For additional information, visit TruChoiceFinancial.com, and follow TruChoice on Facebook, LinkedIn and Twitter. About Allianz Life Insurance Company of North America Allianz Life Insurance Company of North America, one of the FORTUNE 100 Best Companies to Work For® and one of the Ethisphere World’s Most Ethical Companies®, has been keeping its promises since 1896 by helping Americans achieve their retirement income and protection goals with a variety of annuity and life insurance products. In 2021, Allianz Life provided additional value to its policyholders via distributions of more than $10.6 billion. As a leading provider of fixed index annuities, registered index-linked annuities and fixed index universal life insurance, Allianz Life is part of Allianz SE, a global leader in the financial services industry with approximately 150,000 employees in more than 70 countries. Allianz Life is a proud sponsor of Allianz Field® in St. Paul, Minnesota, home of Major League Soccer’s Minnesota United. About AmeriLife AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as the leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a distribution network of over 300,000 insurance agents and advisors and more than 100 marketing organizations and insurance agency locations nationwide. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn. Contact Details AmeriLife | Media Relations Jeff Maldonado +1 321-297-1112 jmaldonado@amerilife.com AmeriLife | Partnership Inquiries Patrick Nichols +1 727-726-0726 pnichols@amerilife.com TruChoice Financial Group Chris Cowan +1 678-718-1951 mediarelations@truchoicefinancial.com Allianz Life Insurance Company of North America Brett Weinberg +1 763-765-7160 brett.weinberg@allianzlife.com Company Website https://amerilife.com/

November 07, 2022 03:30 PM Eastern Standard Time

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PLANT BASED PRODUCTS COUNCIL ANNOUNCES FIRST ANNUAL INDUSTRY CONFERENCE

Plant Based Products Council

The PBPC 2023 Annual Conference: Circular Solutions will explore the innovations, business models, and policies influencing the entire lifecycle of bioproducts in the promotion of a more circular economy. Owned and produced by the Plant Based Products Council, attendees will hear from, and network with, industry leaders, policymakers, brands, and experts through panels, keynotes, networking sessions, and more. “Innovations in the bioeconomy present some of the most meaningful solutions for our 21 st century challenges, including our climate, supply chain, and rural economic growth,” says PBPC Executive Director Jessica Bowman. “We are thrilled to launch our annual conference convening leading experts and innovators to discuss their role in this emerging industry and what solutions, challenges, and opportunities lie ahead.” WHAT: PBPC 2023 Annual Conference: Circular Solutions WHEN: Monday, Mar. 27 – Wednesday, Mar. 29, 2023 WHERE: JW Marriott, 1331 Pennsylvania Avenue NW, Washington, D.C. 20004 WHY: PBPC2023: Circular Solutions will explore what it means to promote a circular economy with bioproducts among some of the industry’s most influential and visionary experts and leaders worldwide. MORE: Visit https://pbpc.com/pbpc2023/ to learn more. CONTACT: Keniece Barbee: keniece@pbpc.com PBPC is an association of like-minded organizations who are advocating for a shift toward a more circular bioeconomy through greater adoption of renewable, plant-based materials supported by appropriate end-of-life infrastructure. We educate stakeholders and advocate for programs and policies that will support growth of the plant-based products industry, helping to harness its environmental and economic potential to deliver a more sustainable future. Learn more at www.pbpc.com. Contact Details Lydia Niles +1 773-677-5327 lydia@curleycompany.com Company Website https://pbpc.com/

November 07, 2022 10:00 AM Eastern Standard Time

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Volatus Aerospace Corp. Announces Record Third Quarter 2022 Revenue of $11.12MM

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) ("Volatus" or "the Company"), a global leader in the drone industry, is pleased to announce its financial results for the quarter ending September 30, 2022 ("Q3 2022"). The Company generated revenue of $22,558,010 in the first nine months of 2022. Revenue for Q3 2022 was $11,120,589 an increase of 68% over the previous quarter and a 238% increase over the same quarter in the prior year. The revenue increase in Q3 2022 was driven by organic growth, scale in drone services activities, and increased aviation revenue. Gross profit for Q3 2022 was $3,329,444 an increase of $2,597,024 over the same period in 2021. The increase in gross profit was due to the scale of drone services and aviation revenue. The Company has experienced a gross margin of 30%, representing an increase of 127 basis points over the second quarter of 2022. Volatus recorded a comprehensive loss of ($352,206). This was due to increased investment in human resources in the defense and integrated solutions segments, expansion in the UK, increased share-based payments, and increased advertisement and marketing expenses. The cash on hand as of Sept 30, 2022, was $6,021,163. In a subsequent event, the Company raised additional cash of $4,226,772 from the oversubscribed prospectus and private placement offering that closed on Oct 6, 2022. Notable Operational Accomplishments During the Quarter: Continued delivery of ISR (Intelligence, Surveillance, and Reconnaissance) Drones to Ukraine Introduced a subsidized Customer Financing Program for rapid drone adoption in the commercial segment in partnership with Mitsubishi HC Capital Canada. Secured remote BVLOS (Beyond Visual Line of Sight) approval to operate a drone, using an optical technology for detection and avoidance of aircraft without a visual observer, inside the airspace of an active airport. Demonstrated remote flight operation of two drones located in Las Vegas by a pilot located in the company’s remote operations center more than 3,000 km away in Canada. Entered into a strategic partnership with a radar company - Accipiter Radar Technologies Inc. - to scale BVLOS operations. Continued delivery on our “Profit with Purpose” initiative by completing RPAS technical skills training program with Moose Cree First Nation. Launched our Environment Social and Governance (ESG) initiative to assist various industries achieve their ESG goals by reducing Scope 3 emissions. “Q3 was an important quarter for Volatus as we continued to scale our investment in the defense sector and higher margin Engineered Solutions,” said Glen Lynch, CEO of Volatus. “The quarter also marked the beginning of a transition for our Aviation division as we moved away from passenger activities towards cargo and long linear inspections where drones and eVTOLS’s (electric vertical takeoff and landing vehicles) have a much larger role to play.” Webinar In conjunction with this release, Volatus investor relations will host a webinar on Monday, November 7 th at 4:30 PM EST at which time Glen Lynch, Chief Executive Officer, and Abhinav Singhvi, Chief Financial Officer, will review the quarterly results and major milestones with Danielle Gagne, Head of Corporate Communications as moderator. Investors are invited to register for the webinar here. https://us06web.zoom.us/webinar/register/WN_uAeXAvY2SySzMEJf8FIi5g Audio Replay Options An audio replay of the event will be archived on the Investor Relations page of the company's website here. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout North America and growing into Latin America and globally. Volatus serves civil, public safety, and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, as well as R&D, design, and manufacturing. Through our subsidiary, Volatus Aviation, we are introducing green and innovative drone solutions to supplement and replace traditional aircraft and helicopters for long-linear inspections such as pipeline, energy, rail, and cargo services. Volatus is committed to carbon neutrality; the fostering of a safe, equitable and inclusive workplace; and responsible governance. Forward-Looking Information This news release contains statements that constitute “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding: (i) the business plans and expectations of the Company; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the commercialization of drone flights beyond visual line of sight and potential benefits to the Company; and meeting the continued listing requirements of the TSXV. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward- looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Abhinav Singhvi +1 514-447-7986 abhinav.singhvi@volatusaerospace.com Company Website https://volatusaerospace.com

November 07, 2022 06:32 AM Eastern Standard Time

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MySize Acquires Naiz Fit To Consolidate Apparel Sizing Solutions And Position Company As A Potential Leader Helping Serve $1 Trillion Global Fashion Industry

MySize, Inc.

The nearly $1 trillion global fashion industry is no stranger to innovation. Thanks to technological advancements in the e-commerce fashion industry, apparel, footwear and accessories sales ballooned in 2021, hitting $180.5 billion in the U.S. alone. The sector is expected to grow by 13% this year, with consumers set to spend $204.9 billion on fashion items online. But while the industry looks promising, there are some disadvantages to shopping online — such as receiving an ill-fitting garment — that could affect the consumer experience and, ultimately, the sector’s growth. With returns being a commonly potentially huge blow to retailers’ bottom lines, MySize Inc. (NASDAQ: MYSZ) has developed solutions that could benefit both sides of the shopping experience. Measurement Solutions Founded in 2014, the company is an omnichannel e-commerce platform and provider of artificial intelligence (AI)-driven measurement solutions to drive revenue growth and reduce costs for its business clients. MySize ’s MySizeID is based on sophisticated algorithms and cutting-edge technology with broad applications for apparel sales in e-commerce and hybrid settings. The company recently launched FirstLook Smart Mirror, a mirrorlike touch display that provides in-store customers an enhanced shopping experience and contactless checkout. MySize says Orgad, its online retail platform, has expertise in e-commerce, supply chain and technology, operating as a third-party seller on Amazon.com Inc. (NASDAQ: AMZN), eBay Inc. (NASDAQ: EBAY) and other sites. To expand its portfolio and offerings, MySize announced on Oct. 12 that it acquired Spain-based Naiz Fit, a software as a service (SaaS) technology solutions provider that solves size and fit issues for fashion e-commerce companies. Naiz Fit’s SaaS Technology Naiz Fit’s SaaS technology acts as a digital tailor. It gathers more than 20 body measurements without asking customers to measure themselves by using its proprietary AI and computer vision capabilities to transform simple images into body measurements. For customers who do not want to use photos, Naiz Fit implements statistical modeling algorithms to determine the size and fit based on height, weight, age, gender and fit preference. MySize reports that Naiz Fit’s latest product — Smart Catalogue — will be launched following the acquisition. Smart Catalogue is designed to help retail products and design teams make the most informed decisions for their collections based on real-time customer data. With over 40 clients in Spain, Italy, Germany and France, Naiz Fit brings MySize a substantial customer base, including Desigual, Moschino, El Ganso, Philosophy, Alberta Ferretti, Silbon and Boglioli Milano. Financials Naiz Fit’s revenue and financial results will be fully integrated into MySize’s consolidated results for the fourth quarter of 2022, according to the company. As a result of the acquisition, Naiz Fit’s customers “will reap the benefits of a broader portfolio of products and solutions delivered by an unparalleled combined team of industry leaders with a deep understanding of the fashion e-commerce retail landscape,” the company said. Naiz Fit expects an estimated $400,000 in 2022 revenue, with substantial increases anticipated for 2023. MySize also anticipates its combined Naiz Fit and MySizeID sizing solution revenue to contribute an additional $1 million in revenues in 2023. “Combining the MySizeID and Naiz Fit sizing solutions, we expect to gain significant economies in sales and marketing and to deliver unparalleled sizing technology to fashion retailers,” MySize Founder and CEO Ronen Luzon said. “We believe the acquisition will be highly accretive in the near and long term as well as being a strategic play. By leading the consolidation of sizing solutions, MySize is positioning to build greater and broader offerings and become the leading technology provider in the industry.” The acquisition of Naiz Fit could position MySize as a leading company in measurement solution technologies for retail, helping the company boost revenue and grow its customer base. MySize, Inc. (NASDAQ: MYSZ) (TASE: MYSZ.TA) is an omnichannel e-commerce platform and provider of AI-driven measurement solutions to drive revenue growth and reduce costs for its business clients. Orgad, its online retailer platform, has expertise in e-commerce, supply chain, and technology operating as a third-party seller on Amazon.com and other sites. MySize recently launched FirstLook Smart Mirror, a mirror-like touch display that provides in-store customers an enhanced shopping experience and contactless checkout. FirstLook Smart Mirror extends MySize's reach into physical stores and is expected to contribute to revenues through unit sales and recurring service fees.MySize has developed a unique measurement technology based on sophisticated algorithms and cutting-edge technology with broad applications, including the apparel, e-commerce, DIY, shipping, and parcel delivery industries. This proprietary measurement technology is driven by several algorithms that are able to calculate and record measurements in a variety of novel ways. To learn more about MySize, please visit our website: www.mysizeid.com. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Or Kles, CFO ir@mysizeid.com Company Website https://mysizeid.com

November 03, 2022 08:00 AM Eastern Daylight Time

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