News Hub | News Direct

Professional Services

Architecture CRM/Customer Service Consulting Government & Policy Human Resources Intellectual Property/Trademark/Patent Law Legal
Article thumbnail News Release

Pam Scamardo, Founder of The C.R.E.A.T.E. Wealth Network, Nominated for San Diego Business Journal’s 40 Next Top Business Leaders Under 40

Pam Scamardo

A dedicated member of the community, and a respected trailblazer in the commercial real estate industry, Pam Scamardo was honored to be nominated for the San Diego Business Journal’s 2022 40 Next Top Business Leaders Under 40. Preparing to launch her first book entitled, “Create Wealth: How You Can Ditch the 9-5 with Multi-Family Investing,” Pam is inspired to continue releasing resources to help others develop passive income through multi-family investing. The days of the typical 9-5 are nearly over for many. Our forever-changed working culture, as a result of the pandemic, has reshaped the way many individuals think about developing income streams. Individuals across the globe are looking for ways to earn the monetary means they need to comfortably sustain their lifestyle while refusing to be constrained by location or set hours. Pam’s first book outlines actionable steps men and women can take to become “job optional®,” where their money works for them, and working in the traditional sense in a desk job can be retired by choice at any age. “It’s an honor to be recognized for my leadership. My mission is to empower individuals to become job optional® so they can curate the lives they love to live instead of conforming to old workplace structures that no longer fit our world’s narrative. ” - Pam Scamardo, Founder of The C.R.E.A.T.E. Wealth Network and TPK Properties About Pam Scamardo: Entrepreneur Pam Scamardo is the Founder of The C.R.E.A.T.E Wealth Network – the #1 free educational resource for commercial real estate investing. The organization’s mission is to provide high quality commercial real estate education for all, with an emphasis on uplifting women leaders in the industry. Her first book, coming to market in fall of 2022, is entitled “Create Wealth: How You Can Ditch the 9-5 with Multi-Family Investing.” Officially “job optional®”, Pam discovered the benefits of passive income while working in the aerospace industry. An aerospace engineer by trade, having been employed by Lockheed Martin, Boeing, and UTC Aerospace, Pam made a career pivot over 10 years ago and founded her first company TPK Properties. As a privately held multi-family investment company that acquires, manages and renovates medium to large sized apartment complexes, TPK Properties has successfully syndicated over 100 properties for investors in California, Arizona, Oregon, and Washington. Pam is proudly serving as a CREW Network Global Board Director, Forbes Council Member, and Cal State Fullerton’s Center for Real Estate Director. Contact Details Sterling Public Relations Paula Steurer +1 949-200-6566 concierge@sterlingpublicrelationsoc.com Company Website https://www.letsgocreatewealth.com/

August 01, 2022 12:30 PM Pacific Daylight Time

Article thumbnail News Release

Rahama Wright, Chief Executive Officer of Yeleen Enterprises, has been appointed to the Presidential Advisory Council on Doing Business in Africa for her fourth term

Yeleen Enterprises

Rahama Wright, CEO Yeleen Enterprises has been appointed to serve a fourth term on the President’s Advisory Council on Doing Business in Africa (PAC-DBIA). U.S. Secretary of Commerce, Gina Raimondo, appointed 24 members to serve a two-year term. Council members are selected from small, medium, and large U.S. companies across the United States representing a diverse range of industries and economic sectors. “I have had the pleasure and honor of serving on the Advisory Council for the three previous terms and in both the Obama and the Trump Administrations,” says Wright. “I look forward to demonstrating the same level of high commitment as in previous terms and plan to proudly advance the efforts of the Advisory Council as it transitions with new members and the Biden Administration.” The PAC-DBIA was established in 2014 to provide recommendations and analysis through the Secretary of Commerce to the President, on strengthening commercial engagement between the United States and Africa. During her service on the Advisory Council, Wright drafted Advisory Council recommendations on doing business in Africa, participated in the fact-finding mission to Cote d’Ivoire and Ghana, contributed to the development of the “Keys to Success” report, and reviewed and provided feedback on the Prosper Africa Roadmap. In her most recent term, Wright supported core programming for the PAC-DBIA such as the “Keys to Success” webinar series where PAC-DBIA members shared practical advice on entering African markets. She also spearheaded the PAC DBIA’s high-level event for Women’s History Month titled “Enabling Women Entrepreneurs in US-Africa Trade & Investment.” The PAC DBIA is a policy tool for advancing US trade engagement with Africa by leveraging the experience of private sector leaders to inform the Secretary of Commerce and the President. Wright will continue to contribute perspectives from running a social impact business that strengthens supply chains on behalf of African and women-led cooperatives. About Rahama Wright After serving in the Peace Corps, Rahama Wright began her entrepreneurial journey by launching Shea Yeleen, a shea butter brand with the mission to create living wage jobs for women in Northern Ghana. The products secured features in Oprah Magazine, MSNBC, CNBC, and retail distribution in select Whole Foods Markets and MGM Resorts. A leading voice on African women’s economic and business development, in 2014, Rahama was first appointed to the Presidential Advisory Council on Doing Business in Africa. She received her BA in International Relations from the State University of New York at Geneseo. An avid traveler, Rahama has visited and worked in 36 countries. About Yeleen Enterprises Yeleen Enterprises is a social impact company comprised of the Shea Yeleen product line, and the Yeleen Beauty Makerspace. Shea Yeleen is dedicated to empowering women in West Africa and the United States through the production, sale, and use of shea butter products. A unique blend of grassroots organizing and business development, Shea Yeleen is a company that specializes in manufacturing high-quality, pure plant-based shea butter products with a commitment to ethical sourcing. The Yeleen Beauty Makerspace is a Washington DC-based co-manufacturing space for early-stage, independent beauty entrepreneurs to launch in 2023. Contact Details Media Inquiries robin@charmedpr.com Company Website https://sheayeleen.com

August 01, 2022 01:10 PM Eastern Daylight Time

Article thumbnail News Release

Minuteman Press Million-Dollar Owners Thomas and Denise Batliner Share Keys to Business Growth in Louisville, KY

Minuteman Press International Inc

Thomas and Denise Batliner have owned their Minuteman Press franchise located at 3905 Bardstown Road since November of 2005. With over 16 years in business, Thomas shares the following insights that helped he and Denise grow their business in Louisville and become members of the Minuteman Press International President’s Million-Dollar Circle. On this accomplishment, Thomas says, “Denise and I believe marketing efforts, customer service, networking, and a little luck have been vital to our success and longevity. We would like to place special emphasis on customer service. At Minuteman Press in Louisville, we focus on treating the customer as we would like to be treated. We believe anyone who walks through the door can be our next biggest customer, and hospitality may make or break the possible relationship.” He continues, “Over the past 16+ years in business, Denise and I have grown the business by developing relationships with new customer bases. More specifically, we gained these relationships through acquisitions. For example, in August of 2012, we purchased an independent printer. This acquisition almost doubled our 2011 sales in addition to our everyday marketing and networking. Then, in December of 2020, we purchased an independent promotional products company. Like our 2012 acquisition, we almost doubled the past year’s sales. Our new customers are the key to our success, and we appreciate their continued business and loyalty.” From the US Navy to Owning a Printing Business Prior to franchising with Minuteman Press, Thomas Batliner served in the US Navy. He shares, “We didn't start Minuteman Press until 2005 when I was 38 years old. Before reaching this point, I served in the United States Navy for three years where I specialized in aviation hydraulics (AMH3). This military experience reinforced the work ethic instilled in me at a young age while farming with my family and has played a vital role in driving my determination to stay in the printing industry.” Thomas continues, “Furthermore, after being honorably discharged, I was a tool and die specialist by trade before being promoted to an estimator at a plastics manufacturer, Beach, Mold, and Tool, now known as NYX. While in this role, I earned an associate degree in Business. But most importantly, I decided I wanted to drive my career and become an entrepreneur. Minuteman Press matched this goal because of the low initial investment, and the business presented the new challenge I was seeking.” “Minuteman Press International supported me from the beginning before I had any professional knowledge about the printing industry. For instance, at the initial home office training, I learned basic facts about paper stocks and more information regarding machine availability and capabilities. Lastly, our office utilizes FLEX, the workflow software developed by Minuteman Press that constantly evolves to add effective apps that drive marketing value.” – Thomas Batliner, owner, Minuteman Press, Louisville, KY Leveraging Local Business Relationships & Benefits of Printing Today When asked what it has been like to own a business in Louisville for over 16 years, Thomas shares, “We are in an urban area and serve a diverse community. There are people from many varying backgrounds, and we have learned about different cultures from around the world. Additionally, we are part of a community where nearby business owners help and look out for one another. For instance, a nearby competitor has helped us continue production during machine downtime and meet customer demand. To return this favor, we have been known to share our resources if this competitor is short-staffed. Because of this dynamic, we believe it is important to develop healthy relationships with everyone in the community, even those with competing business goals.” Thomas explains why printing remains so vital today, sharing, “We believe printing remains vital today because it secures a company’s mission. In terms of management, it also provides different avenues for documentation. To illustrate, when a business provides a digital or physical copy of an employee handbook to its staff, it can better document and communicate expectations and other important information.” He adds, “The main benefit of print is that it can be found everywhere, from the menu you use at your favorite restaurant menu to the branded t-shirt you buy at the store. Because of print's presence, companies always need it. Even during uncertain times like the pandemic, manufacturing facilities, hospitals, and a variety of other companies needed printed materials promoting safety warnings and best practices.” “Our highest demand products and services include envelopes, every door direct mail (EDDM), and wide format printing, a powerful visual medium used for larger files such as blueprints and banners. Our customers value these products and services because they can reach a larger audience. In addition to our highest demand products, key growth areas for our business are promotional products and branded apparel. For example, the customers from our acquisition of the promotional products company have driven sales and we have added a new product line that existing customers can access.” –Thomas Batliner Rewards of Owning a Business & Advice to Others As Thomas and Denise reflect on their accomplishments, there are a couple of items that really stick out. Thomas says, “The biggest personal reward for Denise and me was the ability to put both of our children through college as traditional four-year students. Lauren, our oldest, is now a critical care nurse and Erica, our youngest, is a sourcing and supply chain professional.” He adds, “Aside from this personal reward, our biggest professional reward was receiving our plaque for the Minuteman Press International President's Million Dollar circle. After 16+ years of business, it was an honor to achieve such a high sales goal and to meet others who have accomplished the same or more.” Thomas shares the following advice to today’s aspiring business owners, saying, “The advice I would give to someone looking to own a business is ‘do your homework.’ You need to choose something you can be passionate about and enjoy daily. Despite the hard work ahead of you, because there are some long days and weeks, it can be very rewarding.” For more information on Minuteman Press in Louisville, Kentucky, visit https://minuteman.com/us/locations/ky/louisville20/ Learn more about #1 rated Minuteman Press franchise opportunities at https://minutemanpressfranchise.com Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

August 01, 2022 10:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

Credas Amongst the Very First Identity Service Providers To Attain UK Government DIATF Certification

Credas Technologies

Credas Technologies, the leading anti-money laundering platform for property professionals, has been certified against the UK Government’s Digital Identity and Attributes Trust Framework. This will be formally announced by the Department for Culture, Media and Sport on 29th July 2022. ID checks have become a daily part of our lives with Right to Work, Right to Rent and money laundering legislation requiring businesses to conduct thorough due diligence on prospective clients and employees alike. The aim of the DIATF is to increase trust amongst Identity Service Providers, provide assurance to their customers, improve efficiency and user experience and increase the adoption of technology involved in the ID verification process. Minimum published standards must now be met by IDSPs looking to be certified against the framework and the Government is now strongly recommending that agents, landlords and employers use a certified IDSP. Suffice to say that Credas are one of just a handful of such certified providers in the UK. Tim Barnett, CEO of Credas Technologies says “With an ever-increasing number of Identity Service Providers, the DIATF initiative allows businesses to now easily identify the providers that meet the Government’s new standard and have been awarded certification status, and those who have not. This UK Government kitemark can now give the market confidence that a provider operates to the highest standards, quality, and reliability and enhances correct organisational compliance which could protect against fines that can otherwise be thousands of pounds per sanction.” The certification process involved extensive assessment of Credas’ technology, IT security, processes, policies and governance and paves the way for a new generation of transferable Digital Identities. More information on the official DIATF scheme can be found here. Contact Details ProperPR James Lockett, Press Enquiries +44 20 7856 0185 james@properpr.co.uk ProperPR Alex Pericli, Data Enquiries +44 20 7856 0185 alex@properpr.co.uk

July 29, 2022 05:24 AM Eastern Daylight Time

Image
Article thumbnail News Release

The App Store Tax: How the App Store Limits Consumer Freedom

YourUpdateTV

Have you ever wondered why you cannot manage your account on many popular apps or why subscription fees are greater while purchasing through an app than through a website? One reason: the app tax. A video accompanying this announcement is available at: https://youtu.be/5JXDgYSgtzM App store gatekeepers deny users the ability to choose how and which apps you download onto your mobile devices, claiming security concerns. “It’s time to bring an end to monopolistic practices that stand in the way of an open, fair, and competitive digital marketplace. Congress has the opportunity to rein in Big Tech through the bipartisan, bicameral Open App Markets Act. This proposal would hold gatekeeper platforms accountable, increase fair competition, and benefit consumers across the nation with greater choice and innovation.” said Rick VanMeter, Executive Director for the Coalition for App Fairness. The Open App Markets Act would fix the broken mobile app marketplace by requiring mobile gatekeepers to allow third-party app stores and third-party in-app payment systems. Additionally, the legislation prohibits anti-competitive practices, such as “self-preferencing,” by banning app stores from engaging in behaviors that put their products at an advantage over independent developers and competitors. A recent survey found that 68% of voters think Big Tech has too much power and 79% support efforts by Congress to pass the Open App Markets Act and open up the mobile app ecosystem to competition. In California, polling showed that 69% of likely California voters believe Big Tech has too much power and 75% support the Open App Markets Act. Developers note that a 15-30% fee by dominant platforms, like Apple or Google, represents an enormous portion of their revenue, in many cases an untenably large one. Developers and creators want Big Tech to open their app store platforms so that any company can build software on their own terms and release it to people freely. For more information, visit appfairness.org. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

July 28, 2022 05:00 PM Eastern Daylight Time

Video
Article thumbnail News Release

FORMER CONGRESSMEN FRANK R. WOLF (R-VA) AND TONY P. HALL (D-OH) JOIN ATHENAI TO ANNOUNCE FRANK WOLF-TONY HALL FELLOWS PROGRAM

Athenai Institute

The Athenai Institute, a non-partisan, student-founded 501(c)(3) organization dedicated to removing the influence of the Chinese Communist Party (CCP) from colleges and universities throughout the country, unveiled the Frank Wolf-Tony Hall Fellows Program. Athenai will select 8 politically engaged undergraduate leaders from around the country to serve as the vanguard of its campaign for university divestment from entities tied to the Chinese government and its human rights abuses. The program will combine education with advocacy, equipping students with the skills and expertise they will need to become lifelong leaders. The Fellows Program is named for former members of Congress Frank R. Wolf, a Republican who represented Virginia’s 10th Congressional District between 1981 and 2015, and Tony P. Hall, a Democrat who represented Ohio’s 3rd Congressional District between 1979 and 2002. While in office, Congressmen Wolf and Hall were staunch and politically courageous advocates for human rights whose commitment to doing what was right transcended party lines. Now, Athenai is proud to have their support as it seeks to bring these same values to campuses around the country. As part of the program, fellows will work directly with Athenai’s national leadership to advocate for universities to eliminate their entanglements with the Chinese government and its proxies, including investments held through their endowments, contracts with businesses, and research partnerships. Fellows will also participate in biweekly virtual seminars hosted by experts in key aspects of Athenai’s mission as part of the organization’s Agora Program. After completing the program, fellows will become part of Athenai’s alumni network, providing regular opportunities for young leaders who share a commitment to human rights, free inquiry, and the independence of our academic institutions to network through Athenai and partner organizations as they begin their professional careers. “On campuses across the country, momentum is building for our student-driven divestment movement,” said John Metz, Athenai’s President. “This new program is a major step forward in holding institutions of higher education accountable and ensuring that universities feel the growing pressure to live up to their stated ideals. The Fellows Program represents Athenai’s biggest investment yet in the next generation of leaders who will speak truth to power and demand that our leading educational institutions disentangle themselves from the CCP.” “The Athenai Institute is carrying the torch of human rights and democracy into the next generation,” said Former Congressman Frank R. Wolf. "Their work to empower college students to create change on a bipartisan basis could not be more important." “While serving in Congress and as an Ambassador, I sought to show America's commitment to building hope in the world,” said Former Congressman Tony P. Hall, who served as United States Ambassador to the United Nations Agencies for Food and Agriculture from 2002 to 2006. "Today, the students of the Athenai Institute are part of that same mission. I am proud to stand with these students as they seek to effect change on their campuses and around the world." Details about the program can be found on Athenai’s website. ### Athenai is a non-partisan, student-founded 501(c)(3) formed in May 2020 to remove the influence of the Chinese Communist Party (CCP) from American college campuses. Athenai advocates for student governments and university administrations to close Confucius Institutes, divest of investments and other financial entanglements with the Chinese government, and establish policies and mechanisms to prevent the CCP from encroaching on academic discourse and the independence of academic institutions. To support Athenai's work, please visit https://www.paypal.com/paypalme/athenaiinstitute. For more information or to schedule an interview with an Athenai spokesperson, please contact Dan Rene at 202-329-8357. Contact Details Athenai Institute John Metz +1 804-615-5838 john.metz@athenai.org Company Website https://athenai.org/

July 28, 2022 12:28 PM Eastern Daylight Time

Article thumbnail News Release

Cloudrise announces $10M in total funding

Cloudrise

Cloudrise, a tech-enabled services firm focused on securing data wherever it resides, is pleased to announce it has completed financing to raise the company’s total to-date funding to $10 million. Since launching the company in October of 2019, Cloudrise has worked with 100s of global customers, including numerous Fortune 500 enterprises, on their data protection and cloud security projects. During this time, Cloudrise has continued to exceed all stated financial targets and is investing significantly to expand service delivery and research and development teams, while raising the bar for data protection. To help further growth and innovation, Cloudrise secured additional funding in July from Three Kings Capital, with add-on capital from existing investors Stormbreaker Ventures and the Greater Colorado Venture Fund. With success comes the need to add more talent to Cloudrise’s Board of Directors, and Bill Ryckman, Managing Principal at Three Kings Capital, will join the Cloudrise board. "We are very pleased to be partnering with Cloudrise and its proven management team led by Rob Eggebrecht," Ryckman said. "Cloudrise is a well-known leader in the data protection market, with particular expertise in the cloud, and a reputation for delivering exceptional service. As more and more businesses embrace the cloud, Cloudrise has become an integral partner to a diverse set of clients across the country and around the world, helping to keep their data safe from cyber criminals. With its high-quality team and technology-enabled platform, Cloudrise is well-positioned to serve our collective mission on a much wider scale.” Cloudrise co-founder and CEO Rob Eggebrecht is excited about the future ahead for the company. “Our latest funding venture is a major milestone, allowing Cloudrise to fast-track industry-changing initiatives for how professional services are delivered in the cyber industry via our tech-enablement approach,” Eggebrecht said. “The current status quo for delivering professional services in the cyber industry is outdated, inefficient, and does not scale to the world of cloud computing in global enterprises today. While organizations are contending with the exponential growth of data and an excessive amount of cyber security application/platforms, traditional service providers are stuck in a mindset of a help-desk, ticket-driven world, attempting to throw more people at the problem.” Instead of throwing more time and resources at complex data security challenges, Cloudrise leverages a proprietary service delivery platform to increase efficiencies, enable better collaboration, and reduce time needed to deliver high-value outcomes. By bundling software and humans, Cloudrise delivers tech-enabled services that allow customers to realize an immediate impact for their business. Cloudrise continues to build on what has been a groundbreaking 2022, in which the company announced: The acquisition of CyberOrchard, an information security managed service organization located in the United Kingdom Jason Bird, CyberOrchard’s founder and CEO, as CTO at Cloudrise Cloudrise named as Netskope’s Global Services Partner of the Year Placement on the Managed Security 100 on CRN’s Managed Service Provider 500 list for 2022 ‘Best Solution in Data Security’ at Global InfoSec Awards by Cyber Defense Magazine Hiring Rob Zillioux as CFO The opening of a new global headquarters facility in Grand Junction, Colorado About Three Kings Capital Three Kings Capital is a mission-driven, family office-backed private equity platform that invests exclusively in cyber security companies. Its mission is to protect the world's assets, critical infrastructure, and personally identifiable information from cyber threats. Aided by an Advisory Board of government and private sector cyber security experts, Three Kings seeks to enable and partner with mission-driven companies at any stage of development. Its permanent, flexible capital base allows Three Kings to invest in any type of security within the capital structure. Three Kings is headquartered in New York City but seeks investment opportunities from around the country and certain other parts of the world. For more information, please visit www.ThreeKingsCapital.com. About Cloudrise Cloudrise is a technology-enabled services firm, specializing in delivering data security services customized to meet organizations’ business needs. Drawing from 20+ years of experience in the field, we have tailored our services to be laser-focused on securing organizations’ data wherever it resides. Cloudrise helps organizations elevate their data protection and privacy programs through assessments, technology enablement, and managed services. Cloudrise can be found at www.cloudrise.com or on LinkedIn. Contact Details Cloudrise Robert McLean +1 800-917-7619 sales@cloudrise.com Company Website https://cloudrise.com/

July 28, 2022 05:00 AM Mountain Daylight Time

Article thumbnail News Release

Volatus Aerospace Corp. Announces Prospectus Offering and Provides Q2 2022 Revenue Guidance of $6.5M

Volatus Aerospace Corp.

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES Volatus Aerospace Corp. (TSXV: VOL) (OTCQB: VLTTF) (“ Volatus ” or the “ Company ”) is pleased to announce that it has filed a preliminary short form prospectus (the “ Prospectus ”) in connection with a proposed marketed public offering (the “ Offering ”) of 11,111,200 units of the Company (the “ Units ”) at a price of $0.36 per Unit (the “ Offering Price ”) for aggregate gross proceeds to the Company of up to $4,000,032, subject to an over-allotment option as described below. Additionally, the Company wishes to provide preliminary unaudited revenue results for the quarter ending June 30, 2022 (“ Q2 2022 ”). The Offering is being led by Echelon Wealth Partners Inc., as lead agent and sole bookrunner, and a syndicate of agents, including Integral Wealth Securities Limited collectively, the “ Agents ”) to sell, by way of a marketed short form prospectus offering on a commercially reasonable best efforts agency basis, 11,111,200 Units. Financing Details The Company has filed and obtained a receipt for the Prospectus in British Columbia, Alberta, and Ontario (together, the “ Offering Jurisdictions ”). Each Unit of will consist of one common share (a “ Common Share ”) and one common share purchase warrant (each, a “ Warrant ”). Each Warrant will entitle the holder to acquire one additional Common Share at an exercise price of $0.50 per Common Share for a period of 24 months from the closing of the Offering. The Agents will have an option (the " Over-Allotment Option ") to offer for sale up to an additional 15% of the Units sold pursuant to the Offering on the same terms as the Offering for market stabilization purposes and to cover over-allotments. The Over-Allotment Option is exercisable in whole or in part within 30 days of the date of closing of the Offering. The Over-Allotment Option may be in the form of Units only, Common Shares only, Warrants only, or any combination thereof. The Offering is being conducted on a commercially reasonable best efforts agency basis and is subject to customary closing conditions, including, but not limited to, the entering into of an agency agreement with the Agents and the approval of the securities regulatory authorities and the TSX Venture Exchange (the “ TSXV ”). In addition, the Company is undertaking, concurrent with the Offering, a non-brokered private placement of up to 1,388,900 Units at the Offering Price for gross proceeds of up to $500,004 (the “ Concurrent Private Placement ”). The securities issuable under the Concurrent Private Placement will be subject to resale restrictions, including a Canadian four-month hold period. The closing of the Offering is not conditional upon the closing of the Concurrent Private Placement. The Company intends to use the proceeds of the Offering for inventory, factory operations, warehouse improvements, equipment for services and training, technology development, acquisitions, working capital and general corporate purposes, as more particularly set out in the Prospectus. The Agent shall receive compensation comprised of cash equal to 8% of the gross proceeds and compensation warrants of the Company to purchase such number of common shares as is equal to 8% of the Units sold in the Offering (subject to a reduction, in each case, to 3% for Units sold to purchasers on a President’s List up to $500,000) upon closing of the Offering. The Offering is expected to close on or about August 16, 2022, or such other date as the Company and the Agent may agree. The Prospectus containing important information relating to the Offering has been filed with the securities commissions or similar authorities in the Offering Jurisdictions and is available under the Company’s profile at www.sedar.com. There will not be any sale or any acceptance of an offer to buy Units until a receipt for a final prospectus has been issued. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “ U.S. Securities Act ”) or any applicable state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. “United States” and “U.S. persons” shall have the meanings assigned to them in Regulation S under the U.S. Securities Act. Corporate Update on Q2 Revenue Guidance The Company wishes to provide guidance that it expects to report revenues of approximately $6.5M for Q2 2022, representing an increase of approximately 92% compared to the Company’s reported revenue of $3.4M for the three months ended June 30, 2021 (" Q2 2021 ") and an increase of approximately 36% compared to the Company’s revenue of $4.8M for the three months ended March 31, 2022 (“ Q1 2022 ”). The Company also expects to report annual revenues of approximately $38M for the financial year ended December 31, 2022, representing an increase of approximately 138% compared to the Company’s reported revenue for the year ended December 31, 2021. The expected revenue increase is based on management's assumptions of the Company’s organic growth with new customer additions, geographic expansion in the United Kingdom and USA, and higher services and training revenue. The expected total operating costs for 2022 are in line with management’s expectations of $11.70M. Factors contributing to the expected increase in revenue include revenue from the Company’s integrated solutions segment, product diversification providing higher margins, and revenue from services and training. The Company’s drone services and training segment has experienced seasonality in the first two quarters of the 2022 fiscal year, and the Company expects the third quarter to be stronger in these segments. There can be no assurance that the Company will achieve similar revenue or margins in any subsequent quarter or annual period. Actual revenue for Q2 2022 and fiscal year 2022 may be materially different than as indicated. See the section entitled “ Risk Factors ” in the Prospectus. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, Latin America and most recently in Europe. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Cautionary Notes 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 impact of the COVID-19 pandemic on the Company; the completion of the Offering; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Prospectus, including, but not limited to, those set forth in the Prospectus under the section “Risk Factors”. 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. This news release contains future-oriented financial information and financial outlook information within the meaning of applicable securities laws (collectively, “ FOFI ”) about the Company’s expected revenue and margins, all of which are subject to the same assumptions, risk factors, limitations, and qualifications as set out in the above paragraphs and set forth in the Prospectus under the section entitled “Risk Factors”. The actual financial results of the Company may vary from the amounts set out therein and such variation may be material. The Company and its management believe that the FOFI has been prepared on a reasonable basis, reflecting management’s best estimates and judgments. However, because this information is subjective and subject to numerous risks, it should not be relied on as necessarily indicative of future results. Except as required by applicable securities laws, the Company undertakes no obligation to update such FOFI. FOFI contained in this news release were made as of the date hereof and were provided for the purpose of providing further information about the Company’s anticipated future business operations. Readers are cautioned that the FOFI contained in this news release should not be used for purposes other than for which it was originally disclosed herein or therein. FOFI has been prepared by the Company’s management. MS Partners LLP, the Company’s independent auditor, has not performed any audit, review or compilation procedures with respect to the prospective information and accordingly does not provide any form of assurance with respect thereto for the purpose of the Offering. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Volatus Aerospace Corp. Kate McKenna +1 604-396-9282 kate.mckenna@volatusaerospace.com Company Website https://volatusaerospace.com

July 25, 2022 12:41 PM Eastern Daylight Time

Article thumbnail News Release

Minuteman Press Million-Dollar Circle Member Michael Levy Grows Sales for Levittown and Farmingdale Franchises

Minuteman Press International Inc

Michael Levy owns Minuteman Press in Levittown, NY located at 3000 Hempstead Turnpike. In June 2021, he also purchased the original Minuteman Press franchise in Farmingdale, NY located at 324 Main St. Already a member of the Minuteman Press International President’s Million-Dollar Circle, Michael has continued his strong sales growth in the first two quarters of 2022, including record monthly gross sales in March 2022. Key Drivers of Growth When asked about the key drivers of his growth in 2022, Michael shares, “Some would say luck, I would say persistence, perseverance and simply being known to be someone who gets things done. While there have been many challenges due to supply chain issues for the past year or so, I was able to use that to my advantage.” Michael further explains how he has been able to manage and overcome supply chain issues, saying, “For example, I had a customer contact me for a job I had never done before but I had done other jobs for this customer. It was a huge job, for 150,000 each of two envelopes. Someone else, who normally does this job for them, was not able to get the stock. So, the customer called me and told me what happened and asked if I can help.” He continues, “I spent two days researching and I was able to get both items for them and deliver them when they needed. One of the suppliers was through one of the field reps at Minuteman Press International, so it was great I could leverage that connection with my franchisor. I ended up producing $25,000 worth of envelopes I had never done before, and they just recently asked me to quote their next order of 200,000 of each one.” Michael sees the wide variety of products offered by his two Minuteman Press franchises as another competitive advantage. He says, “It’s examples like that envelope order plus the other items we offer that most other printers do not, such as in-house screen printing, embroidery, dye sublimation, and stamp production, that allows us to stay busy and grow. Another key is to have enough customers ordering products that when one is slow, others are not. This is a key ingredient, especially with my larger clients.” Promoting the Return of Live Events on Long Island As more live events, concerts, ball games, and trade shows return to Long Island, Minuteman Press is well-positioned to pitch in and help promote them. Michael shares, “It is very nice to be getting orders for tickets, programs, journals, and most importantly, items for trade shows and community events. Promotional items and apparel have really picked up over the past 6 months and that is because these events are happening again. That certainly gets me excited to be able to offer such a wide range of products that cater to all of my customers.” As for what advice he would give to other Long Island business owners right now, Michael shares, “Of course, every business is different, but one thing all businesses must do is to market themselves. Marketing is a very wide-ranging word and can be done in many different forms. Simply wearing a logo polo shirt is marketing. In addition, advertising, mailings, flyers, business cards, promotional items, apparel, and anything you can put your company logo on are all forms of marketing.” He adds, “That is exactly where I, as the owner of two Minuteman Press franchises, come in and help. We can put your logo on just about anything that allows you to market your business. I always tell my customers when they ask, ‘What type of marketing should my business do?’, to try a little bit of everything and see what works best for your specific business.” To find your local Minuteman Press on Long Island, visit their brand new consumer website, https://minuteman.com. For Minuteman Press franchise opportunities on Long Island, visit https://minutemanpressfranchise.com. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

July 25, 2022 10:00 AM Eastern Daylight Time

Image
1 ... 7879808182 ... 167